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George C. Roberts Award Recipients

Midwest Social Sciences Journal

No abstract provided.

The Survival Of Sugar In Post-Emancipation British Guiana: East Indian Indentured Immigration And The Cheapening Of Labor, Wazir Mohamed

Midwest Social Sciences Journal

This Paper revisits the post-emancipation changes in the labor market of British Guiana. British Guiana, Mauritius, Trinidad and Tobago, Fiji, and several other locations were spaces where East Indian Indentured Immigrants from Idia became pivotal in the economy.[1] In the decade after emancipation (1838-1848), the rise of global free trade in sugar spurred by the equalization of duties in sugar factored in the search for a cheaper and the importation of a more pliable labor force to keep the wheels of sugar turning in British Guiana. With this background in mind this paper focuses on indentured immigration of East …

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Midwest Social Sciences Journal

No abstract provided.

Eating Disorders & Meat Consumption: A Meta-Analytic Review, Urska Dobersek, Laurel Standiford-Reyes, Tyler Robinson, Alex Antony Edwin, Sarah Siebers

Midwest Social Sciences Journal

In this meta-analytic review, we examined the current evidence on eating disorders in relation to meat consumption and meat abstention. We systematically searched six online databases in December 2025 for primary research on eating disorder-related variables in meat consumers and meat abstainers. Fifty-one studies with 55,984 participants (n_{meat consumers} = 44,282, n_{meat abstainers} = 9,751) met the inclusion/exclusion criteria. The outcomes were eating disorders and orthorexia nervosa. Meat consumption was associated with lower eating disorder (g = 0.20, 95% CI [0.08, 0.32], p = .001) and orthorexia nervosa symptomology (g = 0.47, 95% CI [0.33, …

Dynamic Forecasting Of Sovereign Wealth Fund Effects On State-Owned Firm Stocks Using Hybrid Arima–Garch Models, Ananta Hagabean Nasution, Teguh Yudo Wicaksono, Donny Oktavian Syah, Randhy Nugroho

BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi

This study examines the forecasting dynamics of Indonesia's Sovereign Wealth Fund, DANANTARA, on the BUMN-20 Index using a hybrid ARIMA-GARCH model. The establishment of DANANTARA in February 2025 generated mixed reactions among capital market participants, with the Indonesian Stock Exchange suspended trading after share prices declined by more than five percent. Using daily time-series data from June 2018 to August 2026, this study employs a hybrid ARIMA(1,1,3)-GARCH(1,1) framework processed through E-Views 12. The results indicate that the BUMN-20 Index is predominantly driven by broader market movements, as evidenced by the highly significant IHSG return coefficient (β =1.237, p < 0.001). In the mean equation, the DANANTARA announcement and launch events do not produce statistically significant shifts in average returns. However, in the variance equation, the announcement significantly elevated conditional volatility (γ = 0.025, p = 0.009), suggesting heightened market uncertainty. The volatility persistence measure (α + β = 0.952) indicates that shocks to the BUMN-20 Index decay slowly, with a half-life of approximately 14 trading days. The forecasting results suggest a gradually declining trajectory for the index, though this does not imply a causal relationship with DANANTARA. These findings contribute to the literature by demonstrating that the primary channel through which a nascent SWF affects domestic equity markets is volatility rather than returns. The policy implications highlight the importance of for transparent governance and consistent communication in mitigating market uncertainty surrounding DANANTARA's operations.

An Evaluation Of Southern Nevada’S Pediatric Care Ecosystem, David Damore, Tina Quigley, Nick Fiore

Policy Briefs and Reports

In 2024, The Lincy Institute and the Nevada Health and Bioscience Corporation released a report prepared by the consulting firm Tripp Umbach detailing the case for a stand-alone children’s hospital in Southern Nevada. Shortly thereafter, Intermountain Health announced it would build Nevada’s first such facility in Las Vegas, expected to open in 2030. To complement the hospital’s development, The Lincy Institute undertook an independent evaluation of the regional pediatric care landscape. The analysis draws on secondary data and discussions with advocates, health system administrators, practitioners, and providers. The report examines:

• Fiscal, resource, and workforce challenges underlying Nevada’s poor population-level pediatric …

Intimate Partner Violence And Child Wasting Across Countries: An Ecological Cross-Sectional Study, Wanri Lumbanraja, I Ketut Kasta Arya Wijaya, Ruben Cornelius Siagian

Journal of Indonesian Health Policy and Administration

Intimate partner violence (IPV) is a public health issue that can affect the well-being of women, their families, and the child-rearing environment. Meanwhile, wasting in under-five children reflects acute malnutrition linked to food insecurity, infectious diseases, poverty, and access to healthcare services. This study aimed to analyze the relationship between the prevalence of IPV among women in the past 12 months and the prevalence of wasting in children under the age of five at the national level. This study addresses the gap in cross-national research, which remains limited in linking IPV as an indicator of social vulnerability with wasting as …

The Lingering Effects On Junk Bond Spreads Of The Fed’S 2020 Corporate Bond Backstop Facilities, John V. Duca, An Nguyen

Journal of Financial Crises

The US corporate bond market is typically disrupted during financial crises, when uncertainty and risk premiums are high and bond issuance is depressed. During the COVID-19 recession, the Federal Reserve introduced two unprecedented interventions: the Primary Market Corporate Credit Facility and Secondary Market Corporate Credit Facility. These backstop facilities stood ready to purchase corporate bonds when corporate bond spreads were wide. While existing literature highlights their effects on investment-grade bonds, the implications for high-yield (junk) bonds remain less well understood. We track uncertainty using the Cboe Volatility Index, or VIX; Jurado, Ludvigson, and Ng’s measures of macroeconomic uncertainty; and other …

A Framework For Understanding The Vulnerabilities Of New Money-Like Products, Kenechukwu Anadu, Patrick Mccabe, J.P. Perez-Sangimino, Nathan Swem

Journal of Financial Crises

New money-like products, such as tokenized money market funds (MMFs), money market exchange-traded funds, and stablecoins, could be transformative for finance. These products may offer significant benefits, but like other money-like assets, they also have certain vulnerabilities. We introduce a framework to analyze the vulnerabilities of new products by comparing their features to those that contribute to vulnerabilities in MMFs. Specifically, we examine the extent to which each product engages in liquidity transformation, is subject to threshold effects, serves as a money-like asset, poses contagion risks, and has reactive investors. Our framework is useful for assessing the potential effects of …

The Heterogeneous Impacts Of The Residential Component Of A Training Program: A Semi-Parametric Analysis, Jun Cai, Alfonso Flores-Lagunes, Xintong Wang

Upjohn Institute Working Papers

Several training programs worldwide are residential, bringing enrollees to live in facilities and thus increasing program costs. In the U.S., the Job Corps (JC) program for disadvantaged youth includes a residential component. Despite extensive literature evaluating JC, the impact of the residential component has received limited attention. We develop and employ a semi-parametric model to estimate the average causal effects of this residential component, accounting for selection into both the program and the residential feature. Our findings indicate that, for JC enrollees, the residential component boosts earnings, employment, and educational degree attainment among adolescents. For other subgroups, the residential component …

Examining The Nexus Of Economic Complexity With Energy Transition And Environmental Sustainability: A Systematic Literature Review, Neharika Singh, Meenakshi Gupta

Journal of Environmental Science and Sustainable Development

Economic complexity captures the diversity and sophistication of productive knowledge and capabilities embedded in an economy. Research on the relationship between economic complexity, energy transition, and environmental quality is growing rapidly. However, their findings differ across countries, development levels, and different energy and environmental indicators. As a result, the conditions under which economic complexity contributes to energy transition and environmental sustainability remain unclear across different contexts. To address this gap, this study conducts a systematic literature review following PRISMA guidelines and applies the Theory–Context–Characteristics–Methodology (TCCM) framework to synthesize evidence on economic complexity, energy transition, and environmental sustainability. The studies were …

Enviromental Burden And Financial Performance Of Manufacturing Companies On Borsa Istanbul: An Exploratory Circular-Economy-Aligned Assessment Using The Aroman Method, Sibel Fettahoglu, Ejder Ayçin, Büşra Karslı Günay

Journal of Environmental Science and Sustainable Development

Türkiye's 2053 net-zero emissions target and the critical role of the manufacturing sector in this process necessitate an urgent examination of the financial impacts of circular economy (CE) practices. This study provides an exploratory analysis of the relationship between environmental burden and financial performance using 2023 data from 26 manufacturing companies in Borsa Istanbul. Given the difficulty of measuring holistic circularity at the company level, this study operationalizes the environmental dimension of circular economy performance using selected environmental burden indicators, including energy and water consumption, greenhouse gas emissions, and waste generation. The study uses the alternative ranking order method accounting …

Evolution Of Economic Geography’S Focus On Resource Studies: Historical Trajectory, Research Progress, And Emerging Trends, Yanxiang Fan, Canfei He

Bulletin of Chinese Academy of Sciences (Chinese Version)

Amid the intertwined contexts of global climate change, the reshaping of the geopolitical landscape, and China’s economic transformation, complex issues in the resource sector have increasingly come to the fore, highlighting the urgent need for systematic research from the perspective of economic geography. This study constructs an interactive analysis framework of core–extended dimensions to systematically review the developments and trends in resource research from an economic geography perspective. This study establishes a two-layer theoretical analysis framework of core and extended dimensions. The core dimension includes four aspects: resource elements in regional economic development, resource flows in global trade networks, resource …

Refereed Research - Indispensable Yet Not Fully Legitimate: Street Markets As Invisible Subsistence Infrastructure, Raji Srinivasan, Maria C. Merino

Subsistence Marketplaces

Street markets are key provisioning systems across the Global South, supplying fresh food, employment, and retail access absent formal infrastructure. Yet despite street markets’ functional indispensability to millions of low-income consumers, their legitimacy is chronically contested, affirmed by vendors and communities yet challenged by planners, developers, and state authorities who apply formal-economy criteria in evaluating them. We theorize this as a legitimacy paradox and ask what structural mechanisms sustain it? Using composite vignettes grounded in fieldwork, we theorize three mechanisms. First, visibility without recognition: street markets are hyper-visible yet excluded from cognitive templates of legitimate, formal retail. Second, asymmetric essentiality: …

Crisis, Reform, And Remittances: A Corridor Level Mixed Methods Examination Of Gcc–Nepal–Sri Lanka (2019–2024), Rubhesh Jha, Aloma Jayasundera

Arab Economic and Business Journal

This study examines how institutions in Gulf Cooperation Council (GCC) countries, Nepal, and Sri Lanka affect migrant earnings, remittance stability, the choice of transfer channels, and the use of remittances for development. This study uses a mixed‑methods approach that integrates institutional mapping, policy tracing, comparative case studies, and quantitative analysis of remittance flows (2019–2024). Migration corridors with stronger institutions are associated with fewer wage disruptions, more stable remittances, and greater use of formal transfer channels, conditional on the observed macroeconomic factors. This study introduces a corridor-level three-pillar institutional framework linking destination wage protection systems (WPS), origin recruitment/welfare, and financial infrastructure …

Beyond Alternative Finance: A Multi-Case Study Of Relational Validation In The Moroccan Crowdfunding Ecosystem Through Signaling And Social Capital Theories, Lamya Bouziani, Jalal Azegagh

Arab Economic and Business Journal

This study examines how Moroccan entrepreneurs use crowdfunding as an alternative source of finance in a context characterized by limited access to traditional funding. Based on a qualitative multi-case design, the research draws on semi-structured interviews with ten entrepreneurs from different sectors and regions in Morocco. The study mobilizes Signaling Theory and Social Capital Theory to explore how entrepreneurs build trust and legitimacy throughout the crowdfunding process. The findings show that crowdfunding is perceived not only as a financing mechanism, but also as a way to overcome banking constraints and institutional limitations. Entrepreneurs rely on personal networks, storytelling, transparency, and …

The Role Of Financial Inclusion In The Quality Of Financial Decisions: A Descriptive And Analytical Study Of A Sample Of Startups In Iraq, Inam Abass Hamidi

Muthanna Journal of Administrative and Economics Sciences

This research examines the role of financial inclusion in improving the quality of financial decisions for individuals and institutions in emerging and developing economies. The research focuses on how the availability of accessible formal financial services enhances the ability to make informed and rational financial decisions. The scope of the study includes examining the relationship between access to formal financial services and positive financial behavior, as the literature shows that individuals with higher levels of financial inclusion are more likely to engage in positive financial behaviors such as regular saving and responsible investing (Musa et al., 2025).  The research aims …

The Role Of Financial Decision-Making Methods In Achieving Financial Performance, Kifah Sami Hussein

Muthanna Journal of Administrative and Economics Sciences

This research provides a comprehensive study of the role of financial decision-making methods in improving the financial performance of organizations, focusing on the strategic importance of various financial tools in supporting the process. The study aims to explore how the quality of financial decisions affects key performance indicators of organizations, highlighting the positive relationship between effective financial decision-making and achieving optimal financial results. The research also addresses the various factors that influence the effectiveness of financial decisions, including analytical tools, predictive models, and high-quality accounting information.
The research methodology relies on integrating quantitative and qualitative methods in a comprehensive manner, …

Religious Tourism And Local Development In Rural Areas: Analysis Of The Social And Economic Impact Of Holy Week Celebrations In Osuna, Spain, Elena Garcia-De-Soto-Camacho, Miguel A. Garcia-Gordillo Dr., Antonio Montaño-Valle, Carlos Chavarría-Ortiz, Rosa María Vaca-Acosta

International Journal of Religious Tourism and Pilgrimage

This study explores the role of religious tourism in promoting rural development through the case of Holy Week in Osuna, Spain. By applying a quantitative methodology with fieldwork conducted during the 2022 celebration, the research analyses the social and economic impacts derived from the influx of visitors. The study segments tourists based on their motivations, demographic profiles, levels of satisfaction, spending behaviour, and future intentions. Through cluster analysis, three distinct visitor profiles were identified, reflecting varying degrees of religious and cultural interest. The findings confirm that Holy Week tourism generates significant economic benefits for the locality through direct, indirect, and …

Cost Analysis Of Integrated Genderaffirming And Sexual Health Services For Transgender Women In Thailand: Evidence From The Tangerine Clinic, Braprut Sawatwipachai, Kunncadah Anuwong, Nittaya Phanuphak, Rena Janamnuaysook, Kritima Samitpol, Sujin Nitadpakorn

The Thai Journal of Pharmaceutical Sciences

Background: Transgender women experience a disproportionate burden of human immunodeficiency virus (HIV) globally and in Thailand. Integrating gender-affirming care into sexual health services may improve uptake of HIV and sexually transmitted infections (STIs) testing, treatment, and prevention. Cost data are essential to inform program planning and policy decisions regarding inclusion of such services within Thailand’s Universal Health Coverage (UHC) system.
Objectives: To estimate the full and unit costs of trans-led, integrated gender-affirming and sexual health services along the HIV care cascade.
Methods: Costs of Tangerine Clinic services in 2021 were assessed from the provider perspective, using standard and activity-based costing …

From Disaster To Resilience: Developing Smart Settlements In The Himalayas, Keshav Bhattarai, Ambika P. Adhikari

Himalayan Research Papers Archive

Nepal’s catastrophic 26 August 2026 Bhote Koshi–Trishuli flood should be understood not only as a humanitarian tragedy but also as a potentially major turning point in updating national settlement and reconstruction policy. Engineers and scientists have described the floods as a glacier–bedrock collapse that triggered an ice-rock avalanche and debris flow. As per the live updates on September 7, 2026, the total death toll was 1,355, and 4,996 people were missing (The Hindu, 2026). Indian and Nepali rescuers worked urgently to locate and rescue people buried under hydropower tunnels, buildings, mud, and landslide debris.

UN News reported on September 3, …

Sectoral Structuring And Socio-Economic Context: The Resilience Capacity Of Tourism Businesses In Corsica And The Balearic Islands - A Comparative Analysis, Léa Giudicelli

International Journal of Islands Research

The tourism sector remains intrinsically vulnerable to crises of various kinds, including natural disasters, terrorist attacks, volcanic activity, and pandemics. The unprecedented disruptions caused by the COVID-19 pandemic, which virtually paralysed global tourism for many months, have led to a critical reassessment of tourism specialisation and revitalised debates about the sector’s potential for sustainable transformation (Girard & Schéou, 2020). In this reflective context, the present study aims to analyse the adaptive capacity of tourism enterprises facing structural changes affecting the sector in recent years. Particular attention is paid to the consequences of growing collective awareness around climate change, as well …

Matching And Mentoring: Effects Of Managers On Worker Productivity, Chengyuan Hua

Economics Faculty Working Papers Series

This paper studies how managers matter for worker productivity by exploiting manager moves in Major League Baseball. I first show that manager effects are primarily match-specific using an AKM-type model. Then, staggered difference-in-differences results show positive effects of shared characteristics, including same position, both lefties, and same hometown. Effects of same position and both lefties are larger than same hometown. Effects are more pronounced for younger and less productive workers, indicating that mentoring is the primary mechanism while in-group bias is secondary. Finally, there is suggestive evidence that a manager’s productivity as a worker is not a positive characteristic.

When Loyalty Intentions Fail: Evidence On The Intention–Behaviour Gap And Customer Retention In Mobile Telecommunications, Danilo Tomšič

Economic and Business Review

This paper quantifies and explains the consumer intention–behaviour gap in mobile telecommunications and shows how it matters for competitive resource allocation. Using a two-wave longitudinal survey of 4887 consumers, I compare stated switching intentions at time t with self-reported provider choice at t + 1 and identify a 15.4% divergence comprising two forms: nonswitching intenders (consumers who intended to switch but did not) and switching nonintenders (consumers who did not intend to switch but did). Binary logistic models reveal temporal asymmetry in determinants. Among nonswitching intenders, higher baseline loyalty (satisfaction, repeat-choice commitment, and recommendation intention) lowers the likelihood of remaining …

(Wp 2026-04) The Concept Of Position And Its Ontological Meaning In The History Of Economics, John B. Davis

Economics Working Papers

This paper examines the concept of relative position in the history of economics understood as ‘being in a position’ in a structure of positions. This is first discussed in macro-distributional terms in connection with Ricardo and Marx and in micro-behavioral terms in connection with Du Bois and Veblen. The paper then discusses two recent approaches in economics that employ the concept of relative position in a combined macro-micro analysis: the capability approach and stratification economics. For explicitly ontological analysis of the concept, the paper compares three different interpretative strategies from outside economics: Cambridge social positioning theory, embodied and distributed cognition …

Powering Tomorrow: Does Financial Development Induce Renewable Energy Consumption In Brics+ Nations?, Firlana Abidin, Abdul Khaliq

Bulletin of Monetary Economics and Banking

This paper analyzes the influence of financial development on the implementation of renewable energy in BRICS+ nations, addressing both short-term and long-term implications. The empirical research utilizes Autoregressive Distributed Lag (ARDL) and Nonlinear ARDL models, analyzing data from 1992 to 2021 for ten BRICS+ nations, while accounting for essential economic variables such as Foreign Direct Investment and inflation rate. The results demonstrate that financial institutions and markets influence renewable energy adoption, with different significance in the short and long term. The empirical findings highlight the importance of comprehending how financial development can aid countries in transitioning to cleaner energy, especially …

Fiscal Decentralization, Local Government Size, And Regional Economic Growth: Evidence From Indonesia, Faizul Mubarok, Hasta Dwi Pradana, Etty Puji Lestari

Bulletin of Monetary Economics and Banking

This study investigates the dynamic relationship between fiscal decentralization, local government size, and regional economic growth in Indonesia. Integrating fiscal federalism theory with the Armey curve framework, the study examines whether decentralization reshapes the scale of subnational governments and how this influences growth outcomes. Using balanced panel data from 26 Indonesian provinces over the period 1995–2020, the analysis employs dynamic panel estimators based on the Generalized Method of Moments (GMM) to address endogeneity, persistence, and unobserved heterogeneity. The results reveal a nuanced relationship between fiscal decentralization and government size. Greater revenue autonomy is associated with a contraction in government size …

Catalysts For Third-Country Market Entry: The Role Of Preferential Trade Agreements, Qiugu He, Xuan Luo

Research Collection School Of Economics

Preferential trade agreement (PTA) membership is known to divert trade volumes away from nonmember (third) countries along the intensive margin of trade, yet much less is known about its effects on third-country market entry along the extensive margin of trade. This paper examines whether PTAs catalyze market entry into third countries, and more broadly whether PTAs create spillover effects beyond member countries that matter for development. Using bilateral trade data from 1948 to 2020, we employ a difference-in-differences strategy, and find that the third-country market entry rate rises by 2.1% when the origin country has a PTA partner in the …

Threshold Spatial Panel Regression With Fixed Effects, Xiaoyu Meng, Zhenlin Yang

Research Collection School Of Economics

We introduce general estimation and inference methods for threshold spatial panel regression with two-way fixed effects in a diminishing-threshold-effects framework. A valid objective function is obtained through a simple adjustment on the concentrated quasi loglikelihood with fixed effects being concentrated out, which leads to a consistent estimation of all common parameters. We show that the estimation of threshold parameter has a negligible effect on the asymptotic distribution of the main parameter estimators and thereby regular inference methods apply, though a bias correction may be necessary. The limiting distribution of the threshold parameter estimator is shown to be non-regular and infeasible, …

Religion And Economics: The Economic Views Of Catholicos-Patriarch Ilia Ii Of Georgia, Giuli Giguashvili

Occasional Papers on Religion in Eastern Europe

The paper examines the impact of religion on a country’s economic development, analyzing how religious values and institutions influence economic behavior. The research employs a qualitative, comparative, and historical approach based on the systematic analysis of primary and secondary sources. Religion can promote economic growth by strengthening work ethics, education, and social order. Still, it may also hinder development through inefficient resource allocation and regulatory influence. In the context of the 1700th anniversary of Christianity in Georgia, the study highlights the relationship between Orthodox teaching and economic thought. Drawing on the epistles and sermons of the Catholicos-Patriarch of All Georgia, …