Digital Commons Network^™

Payments As A Tool For Policy, Aaron Klein

Brookings Scholar Lecture Series

What are the implications of using payment systems to enforce foreign policy (against Russia, Iran, Cuba, etc...) and domestic policy (on-line poker, cannabis, etc..)? What are the long-term ramifications for the United States, with its dominant status as a global financial system and home to the world reserve currency, using payment systems to achieve its political objectives? In this lecture, Brookings Institution scholar and former deputy assistant secretary for economic policy at the Department of Treasury, Aaron Klein discusses the pros, cons, and intended and unintended consequences of our current system. He proposes a path forward to maximize economic growth …

Budget Models And Methods Used In Higher Education, Brad West

MPA/MPP/MPFM Capstone Projects

The Cambridge Dictionary defines a budget as “a plan to show how much money a person or organization will earn and how much they will need or be able to spend.” (Budget, 2023). The budget of an institution within higher education is how to allocate the planned amount of revenues received to support the planned expenditures across the organization for an upcoming period, usually a fiscal year or project duration. Various public higher education institutions have many different methods for allocating those planned revenues to support expenditures across their colleges, schools, and administrative units to support the university's mission. This …

The Financialization Of Recession Response, Aaron Klein

Journal of Financial Crises

This paper analyzes economic policy responses to the COVID-19-induced recession, focusing on the American policy response. Despite widespread political distrust between the two parties sharing control of the government and the timing of the upcoming presidential election, America’s political system was able to enact a massive policy response that reduced the severity of the recession. This political response happened faster than any automatic policy response would have, based on the delays in data reporting. The economic policies enacted continued America’s trend toward financialization of fiscal policy. The Federal Reserve and America’s private banking and financial systems were heavily relied upon …

Using Foundation Capital For Good: Opportunities In The Balance Sheet, John Sherman, Veronica Olazabal

The Foundation Review

Foundations increasingly use their full balance sheets to unlock more of their capital for good. They look beyond conventional grantmaking to pursue their charitable purposes in many ways that exemplify innovative, full-balance sheet approaches: investing in nonprofit and for-profit companies that offer clear social and financial returns; investing their corpus in companies whose products and services align with their missions; using social bonds to inject new resources into their programs; offering guarantees to help grantees manage risk; and avoiding companies whose practices run counter to their grantees’ efforts.

This article looks at the structures, pathways, and tools for foundations wanting …

Affordable Housing: A National Crisis Fueled By The Coronavirus • A New Jersey Perspective, Latino Action Network Foundation

Center for Urban Policy Research

The Latino Action Network Foundation [LANF], its sister organization the Latino Action Network [LAN] and longtime ally, the Fair Share Housing Center [FSHC], have collaboratively monitored affordable housing issues in New Jersey for more than a decade. As part of its ongoing work, LANF sponsored a housing roundtable on September 10, 2021, to assess the affordable housing situation in the state and offer policy recommendations. At that time, a coalition of advocates, including the three organizations named above, were fresh from a legislative victory that safeguarded tenants unable to pay their rents during the pandemic and gave them a degree …

Support New Business To Solve Old Problems With Kentucky’S Keystone Waste From Bourbon & Brewing, Samuel C. Kessler

Commonwealth Policy Papers

Provided here is a policy solution from the backside of Kentucky bourbon and brewing to upcycle Kentucky’s “keystone” wastes and grow businesses in the process. Potential effects range from removing the bottleneck on bourbon production and producing GHG-friendly biogas to lowering the price of milk.This full whitepaper brief provides an incentive model for keystone wastes which have a provider and a use. It is equally applicable for policymakers or advocates wishing to place a policy incentive behind waste-to-product upcycling, businesses involved with methane sequestration & renewable biogas energy, and shifting regulatory and penalizing models of pollution into incentive model for …

An Analysis Of The Covid-19 Pandemic On The Students At The University Of South Dakota, Alexandra J. Buss

Honors Thesis

The COVID-19 pandemic rapidly took over the United States (US) in the beginning of 2020. Nationally, damages to finances, housing, and mental health have impacted many. Despite being one of the least densely populated states, South Dakota quickly rose to some of the highest rates in the nation and was identified as a national hotspot. While there have been significant reports on the effects of COVID-19 on certain communities (healthcare workers, small business owners, parents), more research is needed on the effects on university students. In this report, I aim to assess damages based on financial status of students, mental …

The Financial Implications Of The Chinese Healthcare System, Lilly Schneider, Chi Hung Kenneth Leung

DU Undergraduate Research Journal Archive

In 1949 one of the world’s most powerful and influential countries was born: The People’s Republic of China. Perhaps the greatest challenge the country has consistently faced since its inception has been ensuring a fiscally sound healthcare system. Today, China has the world’s largest population and a rapidly aging society with 330 million citizens over the age of 65 projected by 2050- nearly the same size as the total U.S. population. Living standards across China have been drastically increasing in recent decades and the Chinese people are desiring better, higher quality healthcare to complement their new lifestyles. With this desire …

Introduction To Special Topic: Rural Education Finance And Policy, Christiana Stoddard, Eugenia F. Toma

Public Policy and Administration Faculty Publications

This special topic takes stock of the current state of rural education finance and policy research. Taken together the articles in this special topic highlight a major point. Rural districts and schools not only differ from those in urban areas but also differ from one another. This is perhaps not surprising given the heterogeneity of school size, community size, demographics, and the degree of rurality of schools across the United States. The articles pose a challenge for policymakers. Policies that serve one state or one rural community may not be relevant or helpful to another. Policy solutions must recognize the …

Do Equity And Accountability Get Lost In Losts? An Analysis Of Local Return Funding Provisions In California’S Local Option Sales Tax Measures For Transportation, Jaimee Lederman, Peter Haas, Stephanie Kellogg, Martin Wachs, Asha Weinstein Agrawal

Mineta Transportation Institute

This study explores how local return provisions of local option sales taxes (LOSTs) for transportation are allocated and spent to meet local and regional transportation needs. Local return refers to the component of county LOST measures that provides funding directly to municipalities in the county to be used to meet local needs. Local return has become a fixture in LOSTs; 58 LOST measures placed on the ballot in California (as of 2019) that have included local return in their expenditure plan have an average of 35% of revenues dedicated to local return. Local return provisions in the ballot measures often …

Why Do Nonprofits Fail? A Quantitative Study Of Form 990 Information In The Years Preceding Closure, Mackenzie Arbogust

School of Public Service Theses & Dissertations

Nonprofit organizations are an important piece of the community and economy in the United States. Each year, nonprofit organizations close their doors and stop providing services to the community. While there are large amounts of literature around financial health and vulnerability and governance best practices of nonprofit organizations, few of the studies have ever looked specifically at failed organizations. In general, the end stages of the life cycle of nonprofit organizations have not been well studied and are not well understood. This study draws on resource dependency theory and institutional theory to identify financial and governance factors that may serve …

The Dynamics Of Financial Condition In The U.S. State, Local, And Territory Governments : Financial Reporting, Public Service Delivery, And Tax Policy, Youngsung Kim

Legacy Theses & Dissertations (2009 - 2024)

A large body of literature in public administration has demonstrated the importance of financial condition in managing government organizations. Scholars have found that financial condition affects many aspects of public management while governments actively respond to their financial conditions. Using data from varied levels of U.S. governments – states, localities, and territories – this dissertation examines the dynamic roles of financial condition in three important areas of public management: financial reporting, public service delivery, and tax policy. The first essay examines how financial condition affects the ways in which state governments communicate with stakeholders through official financial documents. It applies …

Book Review Of Toxic Debts And The Superfund Dilemma, Ronald H. Rosenberg

Ronald H. Rosenberg

No abstract provided.

Less Than/More Than: Issues Associated With High-Impact Online Teaching And Learning, Ricardo Montelongo

Administrative Issues Journal

The increased presence of online education in higher education in the United States continues to challenge educators in their perceptions of teaching and learning experiences in virtual environments. While critiques of online education typically focus on its “less than” shortcomings, this literature review encourages educators to take a “more than” approach when providing institutional support. Online education provides beneficial outcomes for faculty, students, and administration when viewed for its potential in providing innovative teaching and learning. The financial challenges involved in providing these practices are addressed to justify investment in faculty effort, organizational support and professional development, and equitable student …

Value Capture To Fund Public Transportation: The Impact Of Warm Springs Bart Station On The Value Of Neighboring Residential Properties In Fremont, Ca, Shishir Mathur

Mineta Transportation Institute

This study estimates households’ willingness to pay for single-family houses and condominiums/townhouses located within 2 miles of Warm Springs (WS) BART Station in Fremont, CA. The study finds that, compared to the houses sold in the referent category (2 to 5 miles away and sold during the pre-project-announcement period of 2000-2001), an average-priced single-family house within two miles of the WS BART Station was higher in price by 9% to 15%. The total property value increment for the single-family houses is large enough to fund the $802 million Warm Springs BART Extension Project cost five times over.

Association Between Fiscal Effort Above Required Local Effort And Accreditation In Virginia Schools, Daniel C. Soderholm

Educational Leadership & Workforce Development Theses & Dissertations

This study expands on previous research regarding the adequacy of educational funding in order to reach a desired academic outcome. Specifically, this study examines Virginia policies of Standards of Quality and Standards of Accreditation to see if local fiscal effort above the minimum required by Virginia has an association to the desired minimum academic outcome of school accreditation.

The research in this study shows that when using a linear regression analysis or an ANCOVA there is no relationship between effort above Required Local Effort (RLE) and the percentage of students attending an accredited school. However, when looking at the non-linear …

Do Americans’ Opinions About Federal Transportation Tax Options Depend On Survey Mode? A Comparison Of Results From Telephone And Online Surveys, Hilary Nixon, Asha Weinstein Agrawal

Mineta Transportation Institute

This research project compared the results from a public opinion survey about transportation taxes that was administered using two different survey modes, a national, random-digit-dial (RDD) telephone survey and an online survey with respondents recruited from a panel. There is considerable interest among survey researchers in using online survey panels as a replacement for RDD surveys. RDD surveys are becoming much more expensive to conduct, and researchers also worry that the quality of the results may be dropping because of rising refusal rates for phone surveys. However, a key question for researchers is to understand how a study’s results may …

Maintaining Individual Liability In Aml And Cybersecurity At New York's Financial Institutions, Harry Dixon

Penn State Journal of Law & International Affairs

No abstract provided.

Graduate Student Financial Support : An Empirical Profile, Thomas Enderlein

Legacy Theses & Dissertations (2009 - 2024)

This study investigated how U.S. graduate students financed their Master’s and doctoral programs in 2011-2012. In particular, it focused on students who were eligible to receive Federal financial aid and loans during that year, using a sample of graduate students included in the restricted-use version of the National Postsecondary Student Aid Study. This study rests its analyses and situates extant literature largely against Human Capital Theory, with return on investment as an underlying rationale for the allocation and use of different forms of Non-family, Non-repayable support for graduate studies. The goal of the study was to sort out the extent …

Climate Adaptation Finance Mechanisms: New Frontiers For Familiar Tools, Jack D. Kartez Ph.D., Samuel B. Merrill Ph.D.

Journal of Ocean and Coastal Economics

Demands for mechanisms to pay for adaptation to climate risks have multiplied rapidly as concern has shifted from greenhouse gas mitigation alone to also coping with the now-inevitable impacts. A number of viable approaches to how to pay for those adjustments to roads, drainage systems, lifeline utilities and other basic infrastructure are emerging, though untested at the scale required across the nation, which already has a trillion-dollar deferred maintenance and replacement problem. There are growing efforts to find new ways to harness private financial resources via new market arrangements to meet needs that clearly outstrip public resources alone, as well …

The Ghana National Economic Forum In May 2014, Another Implementation Curse?, George E. Ekeha

George E Ekeha

More than one year after the above consensus was developed and read to the whole world, which was subsequently followed by the full report, many are of the view that little efforts have been done to implement the consensus. In this article, I decided to choose just about five of the Senchi Consensus that in my opinion can change the country very much and place her on the international radar for reckoning when implemented with the seriousness that they deserve. It is my strongest belief that many Ghanaians and other development partners are aware of many issues raised in this …

Public Actors In Private Markets: Toward A Developmental Finance State, Robert Hockett, Saule Omarova

Saule T. Omarova

The recent financial crisis brought into sharp relief fundamental questions about the social function and purpose of the financial system, including its relation to the “real” economy. This Article argues that, to answer these questions, we must recapture a distinctively American view of the proper relations among state, financial market, and development. This programmatic vision – captured in what we call a “developmental finance state” – is based on three key propositions: (1) that economic and social development is not an “end-state” but a continuing national policy priority; (2) that the modalities of finance are the most potent means of …

The Economics Of Financing Education And Gender Composition Of Schools : Retention And Learning Outcomes In Public Primary Schools Khyber Pakhtunkhwa (Kp) Province, Pakistan, Bushra Rahim

Legacy Theses & Dissertations (2009 - 2024)

The purpose of this study was to explore the impact of school-level factors (physical resources, teachers’ and schools’ characteristics) and system-level factors (delegation of financial authority to public primary schools through Parent Teacher Councils (PTCs)) on two educational outcomes - retention rates to the last grade of primary school and learning outcomes - in the Khyber Pakhtunkhwa (KP) province, one of the least‐developed and conflict-affected provinces in Pakistan.

State Funding Decision-Making For Higher Education Institutions During Capital Campaigns, Everrett Alexander Smith

Graduate Theses and Dissertations

Public higher education has experienced a decline in state funding in real dollars. This has created financial challenges for many students and their families, as well as institutions.

Tax revenue has decreased as a result of the economic recession, causing state leaders to reprioritize their fiscal responsibilities. Higher education has been viewed as a discretionary expense in competition with other state programs, so funding can, and often, does vary. Colleges and universities use alternative financial resources, most notably private fundraising, to meet their goals. The study was conducted to identify college leaders' perceptions of state funding during their institution's mega-capital …

A Spatial Exploration Of Institutional Investment In Canada For The Year 2010, Martin R. Lefebvre

Electronic Thesis and Dissertation Repository

Using measures of central tendency, the average nonUS-based institutional investor has more capital invested in securities than his US-based counterpart. The present study shows that US-based investors favour manufacturing companies, whereas Canadian investors prefer companies based in natural resources. Nationally, Toronto acts more as the centre of gravity for Canadian institutional investors than New York City does for the United States. Comparatively, Toronto accounts for 70% of all Canadian investors while New York accounts for only 30% of the American total, despite it being the city with the most capital invested worldwide. Notwithstanding Alberta’s oil boom, inter-provincial investment capital show …

Educational Investment Makes Financial Sense: A Longitudinal Study Investigating The Effect Of Fiscal Effort On Personal Income, Mark Loiterman

Educational Leadership & Workforce Development Theses & Dissertations

As the United States seeks to compete in the increasingly connected global economy, efforts have been made to improve both internal educational outcomes such as test scores and graduation rates, as well as relative educational outcomes such as the ranking of the United States' test scores on international assessments. Finding the correct strategies to improve education nationally is difficult, since education takes place in a very personal context that differs from state to state, district to district, school to school, classroom to classroom, and student to student. However, because of the importance of increasing educational outcomes, the nation has looked …

“We’Re Doin’ Ok” An Investigation Of Parental Account-Giving For Divorce-Related Financial Stress, Monique Makhlouf

Graduate Research Symposium (2010 - 2017)

Divorce is a prevalent issue facing many Americans today with nearly one-third of first marriages ending in divorce within 10 years, and 50% of all first marriages ending in divorce at some point in the lifespan (Frisby, Booth-Butterfield, Dillow, Martin, & Weber, 2012). Considerable evidence suggests that divorce can increase the likelihood of adverse effects on the psychological well-being of family members, particularly in families with children (Brown, Portes, & Christensen, 1989). Among the many issues that confront families going through a divorce is a shift in socioeconomic status or a loss of financial stability during and after a divorce …

Can America Govern Itself?: Deficits, Debt, And Delay, Ron Haskins

Brookings Scholar Lecture Series

America has now been in the throes of a deficit and debt crisis for nearly a decade. Over the last three years, the federal government has tied itself in knots trying to reach a long-term solution. Any effective solution will involve tax increases and entitlement cuts. But both parties have been unwilling to openly bargain about either the tax increases or spending cuts they are willing to consider as part of a grand bargain. Why are both parties being so intransigent? What are the prospects for a grand bargain and what might it look like? What are the consequences if …

Health, Citizenship, And Human Rights Advocacy Initiative: Improving Access To Health Services In Mexico, Almudena Ocejo, International Budget Partnership

International Budget Partnership

When it comes to health care in Mexico, “universal” has never meant equal, particularly when it came to the access to adequate care for the country’s 52 million uninsured. Civil society organization Fundar — a research organization with a background in budgetary analysis — developed a successful advocacy strategy on health policy to change this.

The full version and short summary of this case study are available in English.

LINK: http://internationalbudget.org/publications/health-citizenship-and-human-rights-advocacy-initiative-improving-access-to-health-services-in-mexico/

When Opportunity Beckons: The Impact Of The Public Service Accountability Monitor’S Work On Improving Health Budgets In South Africa, Alta Fölscher, John Kruger, International Budget Partnership

International Budget Partnership

The Eastern Cape Province of South Africa struggles with high poverty, poor public infrastructure, and dysfunctional administrative systems. One result is that the Eastern Cape has the worst health outcomes in the country. This case study illustrates how a South African civil society organization has used its budgetary analysis to advocate for improvements in health service delivery.

The full version and short summary of this case study are available in English.

LINK: http://internationalbudget.org/publications/when-opportunity-beckons-the-impact-of-the-public-service-accountability-monitors-work-on-improving-health-budgets-in-south-africa/