Business Commons^™

Cultural Preferences In International Trade: Evidence From The Globalization Of Korean Pop Culture, Pao-Li Chang, Iona Hyojung Lee

Research Collection School Of Economics

The Korean pop culture (TVdramas and K-pop music) has grown immensely popular across the globe over thepast two decades. This paper analyzes its impacts on international trade. We compilea cross-country panel dataset of South Korea's TV show exports to over 150countries for the period of 1998{2014. These variations in exposure to Koreanpop cultures are used to identify changes in consumer preferences for Koreanmerchandise across time, countries, and products (at the HS 4-digit level).First, we find that more Korean TV show exports significantly increase Koreanexports of goods for women, while the effects are much smaller on men'smerchandise. This strongly supports the …

Clogged Intermediation: Were Home Buyers Crowded Out?, Hyunsoo Choi, Hyun-Soo Choi, Jung-Eun Kim

Research Collection Lee Kong Chian School Of Business

Post-crisis policy interventions significantly increased the demand for mortgage refinancing, but could this surge in refinancing applications have crowded out the supply of credit to home buyers? In this paper, we examine two frictions that hamper financial intermediation and result in banks' substitution of home purchase loans for refinance loans: The risk capacity channel through which banks with limited risk appetites prefer safer loans over riskier loans, and the operating capacity channel through which banks with limited operating capacities prefer applications that require less screening time. We find that following the recent financial crisis, banks facing these capacity constraints indeed …

Nebraska Monthly Economic Indicators: November 22, 2017, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 fell by 0.24% during October of 2017. The decrease in the LEI-N, which is designed to predict economic activity six months into the future, suggests that economic growth will slow in Nebraska during the second quarter of 2018. The fall in the indicator was due to an decline in building permits for single-family homes and manufacturing hours-worked. There also was an increase in the value of the U.S. dollar in October. The increase in the value of the dollar is challenging for Nebraska exporters. In terms of positive components, there was a …

Social Disadvantage And Child Health Among China's Rural-Urban Migrant Households, Yana Vander Meulen Rogers

Seminars in Local and Global Regional Economies

This talk examines how social disadvantage among rural-urban migrant households in China is associated with the nutritional status of children. The measures of social disadvantage are based on China’s hukou system of household registration – designed to limit domestic migration flows by denying public services in cities to migrants with rural registrations – and on gender bias that may harm women and girls.

Nebraska Business And Consumer Confidence Indexes: November 3, 2017, Eric Thompson

Leading Economic Indicator Reports

Nebraska’s consumer confidence remained weak during October while business confidence remained strong. The Consumer Confidence Index – Nebraska (CCI-N) stood at 95.1 in October, below the neutral value of 100.0. By contrast, the Nebraska business confidence remained strong. The Business Confidence Index – Nebraska (BCI-N) stood at 102.7 in October, below the September level of 105.2 but above the neutral value of 100.0. When asked about the most important issue facing their business, customer demand was mentioned by 31 percent of business respondents. Businesses also faced growing competition in both the labor and product markets. The availability and quality of …

Permanent Price Impact Asymmetry Of Trades With Institutional Constraints, Chiraphol N. Chiyachantana, Pankaj Jain, Christine Jiang, Vivek Sharma

Research Collection Lee Kong Chian School Of Business

Dynamic institutional trading constraints related to capital, diversification, and short-selling asymmetrically affect the incorporation of new information as reflected in the permanent price impact of their trades. The sign of the permanent price impact asymmetry between institutional buys versus sells is positive at the initial stage of a price run-up and reverses due to changing constraints with a prolonged price run-up in a stock. Idiosyncratic volatility, analyst forecast dispersion, trading intensity, price dispersion, and bullish market conditions further sharpen the initial asymmetry, as well as its reversal after a price run-up.

The Flow Of Funds In Asean, Philip C. Zerrillo

Research Collection Lee Kong Chian School Of Business

In his novel, Memoirs of a Geisha, Arthur Golden wrote, “Water can carve its way even through stone. And when trapped, water makes a new path.” Something similar seems to be happening with the flow of funds in ASEAN.

Geopolitics Of Rare Earth Elements, Bert Chapman

Libraries Faculty and Staff Presentations

Rare earth elements (REE) contain unique chemical physical properties such as lanthamum, are found in small concentrations, need extensive precise properties to separate, and are critical components of modern technologies such as laser guidance systems, personal electronics such as IPhones, satellites, and military weapons systems as varied as Virginia-class fast attack submarines, DDG-51 Aegis destroyers, the F-35 Joint Strike Fighter, and precision guided munitions. The U.S. has some rare earth resources, but is heavily dependent on access to them from countries as varied as Afghanistan, Bolivia, and China. Losing access to these resources would have significant adverse economic, military, and …

Analysis Of Pakistan’S Debt Situation: 2000–2017, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

First, let us begin by clarifying the definitions and concepts that are used frequently and have created a lot of confusion among the laymen’s mind. Pakistan’s total debt and liabilities (TDL) consist of public debt and private debt. Total stock of outstanding debt and liabilities on June 30, 2017 stood at 79% of GDP. Of this, Gross Public Debt accounted for 85% of the total outstanding or 67.2% of GDP. The remaining 15% is the private debt mostly to borrowers outside the country, for which the government has no fiscal obligation, but the SBP has to provide foreign exchange to …

Nebraska Monthly Economic Indicators: October 25, 2017, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 rose by 1.86% during September of 2017. The increase in the LEI-N, which is designed to predict economic activity six months into the future, suggests solid economic growth in Nebraska during the first quarter of 2018. The rise in the indicator was due to an increase in building permits for single-family homes and growth in manufacturing hours-worked. There also was a decline in the value of the dollar in September, which is positive for Nebraska exporters. Finally, there were positive business expectations. Businesses responding to the September Survey of Nebraska Business reported …

Protecting The Viability Of The Small Donor In Modern Elections, Ben Miller

Arkansas Law Review

Campaign finance reform stands as one of the most important issues in today’s modern elections. From national to municipal contests, the influx of large donations places wealthy individuals—and interests—at odds with the average voter. Over the years, volumes of academic and legislative reforms have been proposed that encompass a wide range of electoral subject matter. From Citizens United to Federal Elections Commission (FEC) control mechanisms, solutions on how to change our campaign finance regulatory regime cover a large and diverse area of law and policy. However, the central theme throughout these reforms is maximizing transparency and curbing the undue influence …

Determinants Of Tipping Rates: New Findings And Extensions, Christopher Carl Olson

USF Tampa Graduate Theses and Dissertations

There is a movement underway to eliminate the practice of tipping restaurant servers that is gaining momentum (Goldberger, 2015). In lieu of gratuities, restaurants are simply raising menu prices or assessing a service charge and paying servers a fixed hourly wage (Kummer, 2016). Before restaurateurs can adopt such a strategy, they need to thoroughly understand the factors that affect tipping behavior in order to develop meaningful fixed wage rates that do not diminish service levels or employee morale. The first step in this process is a better understanding of the determinants of tipping rates.

The existing research has identified many …

Nebraska Business And Consumer Confidence Indexes: October 6, 2017, Eric Thompson

Leading Economic Indicator Reports

Nebraska’s consumer confidence tumbled during September while business confidence held steady. The Consumer Confidence Index – Nebraska (CCI-N) fell to 93.5 in September, well below the reading of 100.9 in August and the neutral value of 100.0. Consumer confidence is now weak in Nebraska. By contrast, the Nebraska business confidence remained strong. The Business Confidence Index – Nebraska (BCI-N) stood at 105.2 in September, slightly above the August value of 104.2, and well above the neutral value of 100.0. When asked about the most important issue facing their business, customer demand was mentioned by 37 percent of business respondents. Businesses …

Drivers Of Patient Satisfaction In Medical Clinics, Dana M. Johnson

TechTalks

Prior research was extended to model patient perceptions of behavioral dimensions of service quality and its impact on patient satisfaction in a rural health care organization. SEM was applied for three years of data and each individual year. Results suggest improved patient satisfaction and statistically significant differences existed between years.

An Update On The Economy, Gary A. Wagner

Economics Invited Speakers

Gary A. Wagner, vice president and senior regional officer of the Federal Reserve Bank of Cleveland, gave a presentation on the economy. As part of the nation’s central bank, the Cleveland Fed participates in the formulation of U.S. monetary policy, supervises banking organizations and provides payment and other services to financial institutions. With branches in Cincinnati and Pittsburgh, the Cleveland Fed serves Ohio, western Pennsylvania, eastern Kentucky and the northern panhandle of West Virginia.

This presentation was sponsored by the Wright State Economics Club.

Perspectives On Language From Street Produce Vendors In Cape Town: An Examination Of Education, Trading, And Development In The Informal Sector, Hannah Oldham

Independent Study Project (ISP) Collection

Language is vital for the functioning of societies, from education to economic interactions. Language of education presents challenges in Africa due to colonial linguistic legacies and the diversity of indigenous African languages. While education trains learners for work in the formal economy, the South African formal cannot absorb all the available labor. The informal economy therefore provides vital work and income to millions of South Africans and immigrants. Language use in the informal sector was studied, including the education and work traders had before working as street produce vendors.

Six interviews were conducted: two near the Cape Town taxi rank, …

Formalizing Through Finances: A Case Study With Unics, Leah Kellenberger

Independent Study Project (ISP) Collection

This paper seeks to analyze the microfinance industry in Yaoundé, Cameroon through the lens of the microfinance institution UNICS. The main question guiding this study deals with whether or not the UNICS is encouraging a shift to the formal sector through their work with business people. Other questions relating to repayment rates and subsequently economic development also remain pertinent to the information found. In total, it is found that UNICS seeks to encourage formal sector growth through their work with businesspeople in the informal. Repayment rates however do not determine success of any aspect of a customer’s business or encouragement …

The Opioid Epidemic: A Practice And Policy Perspective, Gail D'Onofrio

Center for Policy Research

I will be talking about the escalating opioid epidemic and some innovative solutions my colleagues and I at Yale University and throughout the state of Connecticut, are working on to mitigate the consequences of this public health crisis.

#Deleteuber: Hashtag Crises And Chaos, Kimberly Legocki, Kristen Walker

School of Economics and Business Administration Faculty Works

No abstract provided.

Mexico Consensus Economic Forecast, Volume 20, Number 4, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

No abstract provided.

An Abbreviated Leap: The Geopolitical And Geoeconomic Significance Of The China – Pakistan Economic Corridor To The New Silk Road, Emma Nichols

Independent Study Project (ISP) Collection

The objective of this analysis is to reveal the geopolitical and geoeconomic significance of the China – Pakistan Economic Corridor of the Belt and Road Initiative to its major stakeholders; Pakistan and China. In 2013, Chinese President Xi Jinping unveiled one of the most ambitious international infrastructure plans in modern history. The plan, in its earliest stages, is currently underway with its first portion, the China – Pakistan Economic Corridor (CPEC). Through careful preliminary analysis of the greater Belt and Road Initiative, the China – Pakistan Economic Corridor, and history of Sino-Pak relations, the motivations of the collaborating nations are …

Russia's Northern Rook: Nord Stream 2 On The European Energy Chessboard, David E. Wilson

Independent Study Project (ISP) Collection

The Nord Stream 2 pipeline proposes to connect Germany to the world’s largest natural gas reserves in Russia, allowing the state-owned Russian energy behemoth Gazprom to double its export capacity through the ‘Northern Corridor’ transit route to Europe. This project has been the subject of sharp disapproval from Central and Eastern European countries, as well as the United States, which fear the prospect of increasing dependence on gas imports from a Russia perceived as politically aggressive and unreliable. This paper will identify the geopolitical and geoeconomic implications involved in the construction of Nord Stream 2 by adopting a geostrategic worldview …

Evaluating Frameworks For Multilateral Investor-State Dispute Settlement, Danielle Rosenthal

Independent Study Project (ISP) Collection

Utilizing both empirical studies of investor-state dispute settlement (ISDS) regimes and the accounts of both public and private practitioners of these processes, this study aims to inform public policymakers, multinational corporation leadership, and academic researchers on some of the key issues to consider when developing a multilateral friendly ISDS regime. By analyzing the procedural and functional details of both traditional arbitration (via the International Centre for Settlement of Investment Disputes and the United Nations Commission on International Trade Law) and investment dispute courts (via those proposed in the Trans-Atlantic Trade and Investment Partnership and the EU Canada Comprehensive Economic and …

2016 Nonresident Visitation, Expenditures & Economic Impact Estimates, Kara Grau

Institute for Tourism and Recreation Research Publications

A collection of 2016 full year and quarterly estimates of nonresident visitation, expenditures by nonresident travelers, and economic impact estimates, including expenditures by purpose of trip, airport of arrival, and international visitors.

Do Security Analysts Learn From Their Colleagues?, Kenny Phua, T. Mandy Tham, Chi Shen Wei

Research Collection Lee Kong Chian School Of Business

We examine how learning from colleagues affects security analyst forecast outcomes. We represent the brokerage house as an information network of analysts connected through industry overlaps in their coverage portfolios. Analysts who are more centrally connected in their brokerage network produce more accurate forecast estimates and generate more influential forecast revisions. Consistent with learning, more central analysts tend to unwind their colleagues’ recent forecast errors in their forecast revisions. Learning appears to benefit all colleagues, as working at more interconnected brokerages (i.e., denser networks) improves forecast accuracy for all analysts.

Nebraska Monthly Economic Indicators: September 20, 2017, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 fell by 0.38% during August of 2017. The decline in the LEI-N, which is designed to predict economic activity six months into the future, suggests that the Nebraska economy will grow slowly during the first few months of 2018. The drop in the indicator was primarily due to a decline in manufacturing hours-worked during August. Building permits for single-family homes and airline passenger enplanements also dropped slightly. There were two positive components of the LEI-N. Businesses responding to the August Survey of Nebraska Business reported plans to increase sales and employment over …

Emerging Dynamics Of Management: Book Launch Ceremony Remarks, Ishrat Hussain Dr.

Faculty Research - Talks, Speeches, & Discourse

Several years ago, there was book called, What they Don't Teach you at Harvard Business School. The tile of Mr. Sirajuddin's book could simply be: What they don't teach you in Business School and Management Schools. Period. There are some lessons that you learn from a very personal and professional experience, which is accumulated overtime. It is reflected, digested, accumulated and then it is shared. The beauty of this book is that you will find these anecdotes to be a subset of the generalized obser vations about of management. I will not go into strateaies, structures, processes of human resource …

Nebraska Business And Consumer Confidence Indexes: September 1, 2017, Eric Thompson

Leading Economic Indicator Reports

Nebraska’s consumer and business confidence fell during August. The Consumer Confidence Index – Nebraska (CCI-N) stood at 100.9 in August, below the reading of 102.5 from July. Notably, the CCI-N remained above the neutral value of 100.0 during August. The outlook of Nebraska businesses remained strong. The Business Confidence Index – Nebraska (BCI-N) stood at 104.2 in August, close to the value of 105.1 during July, and well above the neutral value of 100.0. When asked about the most important issue facing their business, customer demand was mentioned by 35 percent of business respondents. Businesses also faced growing competition in …

Impact Of Socioeconomic Factors On Florida Consumers' Perceptions On Use Of Chemical In Locally Or Regionally Produced Livestock Products, David Nii O. Tackie, Akua Adu-Gyamfi, Janette R. Bartlett, Bridget J. Perry

Professional Agricultural Workers Journal

Abstract

The use of chemicals in livestock production has been an issue for consumers for several decades. This study, therefore, assessed the impact of socioeconomic factors on Florida consumers’ perceptions on the use of chemicals in locally or regionally produced livestock products. Data were collected from a sample of 404 participants from several Florida counties and were analyzed using descriptive statistics and ordinal logistic analysis. Most of the respondents were of the opinion that using chemicals in locally or regionally produced and sold beef or goat meat was a serious or somewhat serious hazard. The ordinal logistic regression results showed …

An Application Of Box-Jenkins Approach In Forecasting Nigerian Crude Oil Prices., Bashir Umar Faruk

Bullion

Nigerian government has been adopting Moving Average (MA) method in pegging crude oil price benchmark. However, large discrepancy between the projected oil price benchmark and the actual international crude oil prices is observed over time. Therefore, the main objective of this research is to investigate whether Box-Jenkins approach could provide a lasting solution to the problem of inefficient oil price forecast in the Nigerian budgeting process. In our quest for an appropriate oil benchmark, monthly bonny light crude oil prices for the period of April 1986 to December 2015 are used.