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Impact And Enlightenment Of Eu’S “Industry 5.0” To High-Quality Development Of China’S Manufacturing—Research On Application Of Think Tank Double Helix Methodology, Lu Zhao, Dawei Song, Feng Zhang, Jiaofeng Pan

Bulletin of Chinese Academy of Sciences (Chinese Version)

The world is experiencing a great change with the combined impact of the COVID-19 pandemic. In the post-epidemic era, the world's major economies have begun to plan their strategic adjustments, economic revival and transformation. Industry 5.0, as the EU's new strategy to plan the "New Industrial Revolution" and promote industrial transformation in Europe, has raised wide attentions in the world and has become a hotspot of think tank research. Guided by the think tank double helix methodology, this study constructed a cognitive framework to study industrial strategy and its related complex system issues such as international relations, science and technology …

Preventing (Panic) Bank Runs, Hubert János Kiss, Ismael Rodriguez-Lara, Alfonso Rosa-Garcia

ESI Publications

We study experimentally an instrument to prevent bank runs in healthy banks. In particular, we extend the basic bank-run game, where depositors choose between withdrawing or keeping their money deposited, with a third option, the possibility to relocate funds to a priority account that is less profitable, but which guarantees a payoff even in a bank run. Theoretically, the use of this instrument dominates withdrawals for depositors without liquidity needs, and given this fact, depositors should optimally keep their deposits in the bank, so no bank run shall happen. In our experiment, we find evidence that the mechanism reduces not …

Experimental Evidence On Consumption, Saving, And Family Formation Responses To Student Debt Forgiveness, Jason Jabarri, Stephen Roll, Mathieu Despard, Leah Hamilton

Social Policy Institute Research

As policy-makers grapple with whether or not to forgive student debt, for who, and how much, it is important to explore how student debt forgiveness would relate to intended household decisions and behaviors. We conducted a survey experiment that asked participants with student debt to imagine a scenario in which the federal government forgave a certain amount of student debt. We then had these participants report on how this would affect their decisions and behaviors. 1,053 participants were randomly assigned to one of four conditions that offered $5,000, $10,000, $20,000, and complete debt forgiveness. Our results indicate that student debt …

Dampak Kebijakan Psbb Terhadap Konsentrasi Pm2.5 Di Indonesia, Erwin Dariyanto

Jurnal Kebijakan Ekonomi

The aims of this study was to examine the impact of implementation of the Large-Scale Social Restriction or PSBB policy on the concentration of particulate matter 2.5 (PM_2.5). The observation period lasted from September 1, 2019 to December 31, 2020 in five major cities in Indonesia, namely Jakarta, Bandung, Yogyakarta, Semarang, and Surabaya. The data was processed using the fixed effect least square dummy variable (LSDV) model to test the impact of the PSBB policy or restrictions on citizen mobility to reduce the spread of COVID-19 on PM_2.5 concentrations.

As a result, the PSBB policy had a …

When Sarah Meets Lawrence: The Effects Of Coeducation On Women's College Major Choices, Avery Calkins, Ariel J. Binder, Dana Shaat, Brenden Timpe

Department of Economics: Faculty Publications

We leverage variation in the adoption of coeducation by U.S. women's colleges to study how exposure to a mixed-gender collegiate environment affects women's human capital investments. Our event-study analyses of newly collected historical data find a 3.0-3.5 percentage-point (30-33%) decline in the share of women majoring in STEM. While coeducation caused a large influx of male peers and modest increase in male faculty, we find no evidence that it altered the composition of the female student body or other gender-neutral inputs. Extrapolation of our main estimate suggests that coeducational environments explain 36% of the current gender gap in STEM.

Covid's Impact On Nurses & Their Labor Market, Joshua Stanfill

University Honors Theses

The Covid pandemic has swept across the globe impacting many different kinds of people in many different ways. Businesses and workers experienced changes in how their respective labor markets operated with new incentives. One group of laborers that experienced quite a significant impact are nurses working through the Covid pandemic. The pandemic created new incentives for nurses that heavily impacted their labor market. Through a literature review of scientific studies examining the impacts of working through a pandemic on nurses, I discovered that this was causing psychological and emotional damage to nurses. Covid spurred on an already occurring nursing shortage …

Unique Conference Design Showcases Small Towns, Highlights Entrepreneurs, And Strengthens Capacity, Carey Andrew Northrop Mr., Katherine M. Jamieson Mrs., Parker B. Jones, Mary A. Reilly, Tyler Augst

Journal of Extension

Michigan State University Extension (MSUE)’s annual conference, Connecting Entrepreneurial Communities (CEC), has served as a catalyst for entrepreneurial ecosystems across Michigan since 2012. Designed by MSUE for small towns, CEC has gained national interest as evidenced by the adoption of this conference model by four other Extension services. This article outlines the unique conference design, details the partnership between Extension and host communities, and explores conference evaluation data validating the need to continue this programming. Lessons learned and successes to date are provided to ensure readers learn the value this unique conference format has in Extension entrepreneurship programming nationally.

Economic Impact Of The West Virginia International Yeager Airport Expansion, Eric Bowen, John Deskins

Bureau of Business & Economic Research

West Virginia International Yeager Airport in Kanawha County serves the largest metropolitan area in West Virginia and has the greatest amount of airplane traffic in the state. The airport has begun construction on a new terminal building and plans a variety of other construction projects in order to upgrade its facilities and handle the expected increased traffic through the area. In this report, we provide an economic impact estimate of the terminal’s expansion and associated growth in region on the West Virginia economy.

Best Cities For Affordable Homeownership In The Mountain West, Kelliann Beavers, Olivia K. Cheche, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet highlights data on the best cities for affordable homeownership in the Mountain West, based on the SmartAsset report, “Best Cities to Buy an Affordable Family Home – 2021 Edition.” The report is SmartAsset’s second annual study, following the 2020 report, and includes data on 100 of the largest cities in the United States. This fact sheet highlights the rank, index, down payment-to-income ratio, housing costs as a percent of income, and four-year change in homeownership rate within each of the 15 Mountain West cities included in the original report.

How State Governments Can Help Distressed Places, Timothy J. Bartik

Upjohn Institute Policy and Research Briefs

No abstract provided.

Labor Transitions Between Formal And Informal Employment In Egypt, Alaa Mahmoud Al-Barrawi

Theses and Dissertations

Informal employment is the hallmark of developing economies. Egypt is no exception to this trend. Those who are informally employed are exceptionally vulnerable as they lack social protection. Moreover, large informal sectors are symptomatic of underdevelopment and have negative repercussions on the economy. Few studies examine the determinants of labor market transitions in Egypt with a focus on transitions between formal and informal labor market states. This study focuses on determinants of labor market transitions in Egypt, relying on the Egyptian Labor Market Panel Surveys of 2012 and 2018. It develops four multinomial logistic regression models to achieve this goal. …

How State Governments Can Target Job Opportunities To Distressed Places, Timothy J. Bartik

Upjohn Institute Technical Reports

The United States has two types of “place-based” jobs problems: low employment rates in 1) local labor markets and 2) neighborhoods. The local labor market problem can be dealt with by targeting distressed local labor markets for job creation. The neighborhood problem can be dealt with by targeting distressed neighborhoods with programs to improve residents’ job access. This report describes the magnitude of these place-based jobs problems and reviews research on the most cost-effective programs to address these problems. The report also reviews current state government efforts to target job opportunities to distressed places, pointing out that such targeting is …

Grocery Store Transitions To Multi-Ownership: Opportunities And Challenges, Marilyn R. Schlake

Cornhusker Economics

Independent grocery stores, stores whose owners operate fewer than four outlets, play a vital role in Nebraska communities. These stores help ensure food access for residents, particularly in rural areas. The recent decline in Nebraska’s total number of rural grocery stores is attributed to the closure of these independent stores, which are often owned by individuals or small groups. Finding qualified, motivated owners to purchase and operate independent grocery stores presents pressing challenges for many rural communities. Despite challenges, research shows that rural Nebraska communities perceive their independent grocery store to be an important community amenity. This suggests rural communities …

Working Paper No. 54, Nicholas Georgescu-Roegen And Ecological Economics, Miriam Silverman

Working Papers in Economics

This inquiry seeks to establish that in his book The Entropy Law and the Economic Process [1971] (2013), author Nicholas Georgescu-Roegen provides a foundation for Ecological Economics. The Entropy Law implies that the economic process is limited because it is reliant on finite natural resources, e.g., fossil fuels and minerals, as the economic process involves relying upon low-entropy natural resources in the production of consumer goods, and then results in the discarding of high-entropy waste, e.g., heat in the form of CO₂ and other greenhouse gasses, into the environment, eventually resulting in noticeable degradation. Notably, these ideas from Georgescu-Roegen’s …

Working Paper No. 59, Cultural Imperialism And Hegemony, Maria Zavala

Working Papers in Economics

While the traditional colonial imperialism of France and Great Britain ended after World War Two, it can be argued that a new form of imperialism replaced it. What is known as “cultural imperialism” includes the art of inserting a covert idea into person's mind by use of popular culture. Herein, Antonio Gramsci’s ideas of cultural imperialism are contemplated. This paper explores the topic by focusing upon some of the effects that popular American music has had on Latin music and the changes in culturally acceptable trends that have followed. Then, American beauty standards and the Eurocentric beauty standards of Latin …

Working Paper No. 64, Ecological Economics Versus Environmental Economics, Audrey Demeaux

Working Papers in Economics

This inquiry seeks to establish that the field within the Discipline of Economic Science known as Ecological Economics is based upon assumptions and methodological foundations that differ from the field of Environmental Economics. It shall be argued that Environmental Economics did not emerge as the result of a new shift in economic thinking, but rather formed around a reorientation of standard neoclassical assumptions. This was undertaken in an effort to address environmental issues emerging several decades back. In contrast, it shall be argued that the field of Ecological Economics has brought to the Economics Discipline an appreciation for novel assumptions …

Working Paper No. 66, Sir John Bowring, Trade Policies And Economic Development In Siam, Jackrit Kamudhamas

Working Papers in Economics

This inquiry seeks to establish that during the mid-19th century Sir John Bowring emerged as a proponent who formulated distinct trade policies that served to promote the economic development of Siam (Thailand). This thesis is supported with three parts. The first part investigates the trade policies of the Burney Treaty as the first step towards the initiation of a new form of foreign trade policies between Siam and the British Empire and other western countries. The second part explores further Sir Bowing’s thoughts and his mission in achieving the adjusting agreements of the Bowring Treaty. And lastly, the third part …

Working Paper No. 65, On Debt, Enclosure And Witchcraft, Anonymous

Working Papers in Economics

This inquiry seeks to establish that the process of commons-enclosure taking place in 14th-16th century Europe also required an “enclosure” of the female body, which was carried out by introducing radically novel conceptions of debt. The dual processes of bodily dispossession and debt imposition acted as a single force which is paradoxically the origin and effect of capitalist accumulation. This process began in Europe during the period of “transition” between feudalism and capitalism but has remained an essential component of capitalist accumulation through to globalization in contemporary times. To support this thesis, this inquiry considers the evolution of debt; the …

Working Paper No. 55, An Inquiry Into The Assumptions And Tenets Of Neoclassical Economics That Lead Towards Income Inequality, Katharine Nester

Working Papers in Economics

This inquiry seeks to establish that key assumptions foundational to Neoclassical Economics contribute towards income inequality. A consideration of the Neoclassical interpretation and assumptions of the laissez-faire approach to market economies opens the inquiry. I examine the economic outcomes that result when the assumptions underpinning the Neoclassical application of laissez-faire are false, as they often are in the real world. The inquiry then turns to the theories and natural “laws” as advanced by Vilfredo Pareto (1848-1923) and John Bates (J. B.) Clark (1847-1938), which were built upon the Neoclassical adaptation of laissez-faire and became canon in the Neoclassical school. Finally, …

Did K-12 School Closure And Reopening Policies In Response To Covid-19 Enlarge The Gender Employment Gap?, Xinyi Wang

Economics Honors Projects

The COVID-19 pandemic hits female workers the most. This impact on the United States’s labor market can be attributed to the limited availability of childcare and schooling options (Stefania and Jiyeon, 2021). With limited resources for childcare and schooling, parents, especially mothers, had to exit the labor force or reduce working hours to stay at home and take care of their children. My study will contribute to understanding the effect of the child penalty, especially under the COVID-19 pandemic and study the impact of school closure and reopening policies. Using data from the Current Population Survey (CPS) combined with school …

Housing Affordability For Top Occupations In Nevada Metros, 2022, Kristian Thymianos, Elia Del Carmen Solano-Patricio, Ally M. Beckwith, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet combines housing and employment data from the National Housing Conference (NHC) and the Bureau of Labor Statistics (BLS) to examine housing affordability for the 10 most common occupations in the Las Vegas-Henderson-Paradise, NV and the Reno-Sparks, NV metropolitan statistical areas (MSAs) in Quarter 1 of 2022.

Arts Vibrancy In The Mountain West, 2020, Joshua Padilla, Ally M. Beckwith, Caitlin J. Saladino, William E. Brown Jr.

Cities & Metros

This fact sheet highlights data on various arts vibrant communities in the United States from the 2020 Arts Vibrancy Index Report. The growth of arts communities across the country contributes to the increased intensity of the United States’ cultural sector. Using the original data prepared by Southern Methodist University (SMU) Data Arts, this fact sheet focuses on the arts vibrancy of communities in the Mountain West.

The Demise Of The Beef Industry, Natalie Powers

Undergraduate Research Symposium

Bovine spongiform encephalopathy (BSE) is a neurological disorder commonly found in cows. The hypothesis for the causation of BSE surrounds a protein known as the prion protein. For the most part, prion proteins are not harmful to cattle. Yet, when it mutates, the protein begins attacking the central nervous system. The protein causes the infected cattle to lose coordination and become violent. This is where it gets its nickname, mad cow disease. The research in this project explores the economic impact of mad cow disease. The reactions from consumers surrounding BSE started the downfall of the economy. It also almost …

How To Break A Vicious Cycle : Part – Ii, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

It goes without saying that political stability is the sine qua non for any sustained effort to achieve rapid and inclusive growth. The main drivers of such growth would be small farm agriculture, SMEs and microenterprises, construction and low-cost housing, tourism, IT and IT enabled services, diversification and value addition in exports. Thus, the agenda proposed for the short, medium and long term should have a continuous chain, linking and consolidating the gains from these sectors and stimulating inter-sectoral synergetic impulses over time. Continuity of these policies beyond the electoral cycle is an absolute must. There are multiple pathways to …

The Unemployment-Crime Relationship In California: A Reexamination At The County-Level, Taylor M. Friedman

Pennsylvania Economic Review

This study investigates the unemployment-crime relationship using a panel of the 58 counties in California from 2015-2019. A regression is estimated using a one-way random effects model to control for unobserved heterogeneity. The dependent variables are categorized into two groups: violent and property crimes. Independent variables are also placed into categories: state expenditures, socioeconomic, demographic, law enforcement, and county. The results indicate that for violent crimes, poverty, Black racial composition, young males aged 14-17, and college educational attainment for people aged 18-24 are positively significant contributors to the crime rate. Population density and college educational attainment for people aged 25+ …

Bringing 'Edutainment' To Your University – Putting The Fun Into Financial Literacy, Morgan O'Sullivan

Faculty and Staff Publications & Presentations

Learning should always be educational, but it can also be fun! Come to this interactive session to learn how to bring financial literacy to life for your students. Through learning about different activities and thinking with a different lens, you will be prepared to teach and facilitate a group of students on the vitally important topic of financial literacy.

By the end of this session, you will be ready to bring financial “edutainment” to your college/university campus. While we can all be entertainers, only the chosen few can be “Edutainers”. This is the session for you! Attendees will be brought …

Women In Tech In The Mountain West Cities, 2021, Saha Salahi, Joshua Padilla, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet examines data exploring the SmartAsset, “Best Cities for Women in Tech – 2021 Edition” and presents information on the best cities for women in tech in the Mountain West. This fact sheet focuses on the eight cities in the Mountain West region that appear within the 63 U.S. cities included in the original report.

Torn Between Two Pandemics: Poverty Pandemic And Coronavirus Pandemic In Nigeria, Tope Shola Akinyetun

Southern African Journal of Policy and Development

The wave of coronavirus pandemic that hit the world coincides with Nigeria’s struggles with her newly attained position as the poverty capital of the world. This paper argues that prevalent poverty is a pandemic that the world has learnt to live with, and that Nigeria is struggling to overcome. The agony of poverty in the country coupled with the coronavirus pandemic subjects the country to a quandary of a dual-pandemic scourge. The paper relies on secondary data and adopts a descriptive and analytic approach. It concludes that multidimensional poverty in Nigeria is pervasive and has become deepened by the pandemic …

Study On The High-Quality Development Of Chinese Patents: From The Perspectives Of Law And Economy, Jie Zhang

Fordham Dissertations and Theses

With the change of China's economic development stage and industrial structure, as well as the evolution of global macroeconomic situation, China's patent system has been continuously improving, going through the course of introduction from abroad, legislation, and four times of amendment. China's scientific and technological innovation capacity has also been constantly advancing. At the new development stage, the model of "increasing quantity through incentives and improving quality through introduction" no longer suits the current Chinese economic level and social development. Patents have entered the stage of high-quality development. This dissertation attempts to analyze the development process …

Us - China Trade Conflict - How Bad, Exactly - For China?, Rubina Vohra, Ning Liao

Pennsylvania Economic Review

This paper examines the ongoing trade war between China and the US and attempts to identify the causes of the trade conflict and impact on output, employment, and current account balance of China’s economy. The research conclude that the causes of the trade conflict are threefold, namely, trade imbalances, the midterm/presidential elections in the US, and the competition for global economic control. The worst-case scenario suggests that China will lose about 1% of its job positions and 1.13% of GDP, suggesting that the trade conflict will have some impact on China, but it may not be devastating. The large size …