Social and Behavioral Sciences Commons^™

Dynamics Of Rural Labour Markets: Evidence From Longitudinal Panel Data In India, A Amarender Reddy

A Amarender Reddy

Given the slow structural transformation of employment in rural areas in India, this paper tries to probe into the structural transformation in semi-arid tropics of India, by using high frequency longitudinal panel data from 1975 to 2010. The results show that, up to early 1980s, structural transformation was very slow and most of the workers dependent on agriculture for their livelihoods. Most of the workers are spent more days in self-employment in agriculture with very few days in paid work. Both men and women have more leisure time during the 1970s compared to early 2000s. However, from 2001 onwards, there …

Foreign Direct Investment And Uncertainty: Implications For Ethiopia, Adugna Lemi, Sisay Asefa

Adugna Lemi

The paper examines the effect of price and exchange rate uncertainty and political instability on the inflow of Foreign Direct Investment (FDI) to selected African economies. Measures of uncertainty of inflation rate and real exchange rate are incorporated by taking the conditional variance of the residual of the Autoregressive (AR) processes of each series. Pooled data result without accounting for country specific factors is misleading. Fixed effects model provides a better explanation of the variation of FDI flow to African economies. The results show that uncertainty in the rate of inflation and political instability constrain the flow of FDI only …

Do Foreign Direct Investment And Foreign Aid Promote Good Governance In Africa?, Adugna Lemi, Blen Solomon, Sisay Asefa

Adugna Lemi

The literature on the roles that governance/political and economic stability play to attract capital flows into African economies has been burgeoning. Good governance, liberalization, infrastructure, incentive packages have been regarded as cures to break the deadlock to reverse the economic plight, to attract inflow of capital and, in some cases, to reverse outflows of African economies. The flow of capital, however, has undesirable side effects on host economies’ working conditions, environmental standard, inequality, and culture, among others. These economic and social external or negative spillover effects are due to the phenomenon of “race-to-the-bottom” where companies invest in economies with lax …

Desarrollo Y Acceso A Telecomunicaciones, Rodrigo Garcia-Verdu

Rodrigo Garcia-Verdu

No abstract provided.

Development Of Generic Key Performance Indicators For Pmbok® Using A 3d Project Integration Model, Craig Langston

Craig Langston

Since Martin Barnes’ so-called ‘iron triangle’ circa 1969, much debate has occurred over how best to describe the fundamental constraints that underpin project success. This paper develops a 3D project integration model for PMBOK® comprising core constraints of scope, cost, time and risk as a basis to propose six generic key performance indicators (KPIs) that articulate successful project delivery. These KPIs are defined as value, efficiency, speed, innovation, complexity and impact and can each be measured objectively as ratios of the core constraints. An overall KPI (denoted as s3/ctr) is also derived. The aim in this paper is to set …

Benchmarking Structural Transformation Across The World, Era Dabla-Norris, Alun H. Thomas, Rodrigo Garcia-Verdu, Yingyuan Chen

Rodrigo Garcia-Verdu

Presentation given at the IMF's Jobs and Growth Seminar on December 13, 2013, based on the IMF Working Paper No. 13/176 with the same name

Loving: Who Can The Irs Regulate?, Robert D. Probasco

Robert Probasco

Discapacidad Y Desarrollo Humano En México: El Servicio Social Universitario Como Estrategia De Mejora, Ramiro Esqueda-Walle

Ramiro Esqueda-Walle

A Note On The Synthesis Of The Satisficing Concept And The Neoclassical Theory, Sergey V. Malakhov

Sergey Malakhov

The development of the neoclassical theory of search bridges the gap between the assumption of the maximizing consumer behavior and the satisficing decision procedure. The paper argues that the consumer satisficing decision procedure results in the equality of the marginal costs of search with its marginal benefit.

Innovación Y Desarrollo Regional En México. Resultados Y Avances Recientes, Luis Gutiérrez Flores, Vicente German-Soto

Vicente German-Soto

Can Higher-Achieving Peers Explain The Benefits To Attending Selective Schools?: Evidence From Trinidad And Tobago, Clement (Kirabo) Jackson

C. Kirabo Jackson

Using exogenous secondary school assignments to remove self-selection bias to schools and peers, I obtain credible estimates of (1) the effect of attending schools with higher-achieving peers, and (2) the direct effect of peer quality improvements within schools, on the same population. While students at schools with higher-achieving peers have better academic achievement, within-school increases in peer achievement improve outcomes only at high-achievement schools. Estimates suggest that peer quality can account for over half of school value-added among the top quartile of schools, but little value-added for other schools. The results reveal some large and important differences by gender.

L’Emploi Informel Dans Les Économies Développées Et En Développement: Quelles Perspectives, Quelles Interventions?, Colin C. Williams

Colin C Williams

Deposit Insurance And Private Capital Inflows: Further Evidence, John Thornton, Yener Altunbaş

John Thornton

We use a simple differences-in-differences technique to exam- ine whether adopting explicit deposit insurance impacts on the scale of private capital inflows to developing economies. We present evidence suggesting that these inflows improved more in countries that adopted deposit insurance than in countries that did not adopt it.

La Croissance Élevée Récente De L’Afrique Subsaharienne Est-Elle Soutenable?, Rodrigo Garcia-Verdu

Rodrigo Garcia-Verdu

No abstract provided.

Valuing Beach And Surf Tourism And Recreation In Australian Sea Change Communities, David Anning, Dan Ware, Michael Raybould, Neil Lazarow

Michael Raybould

Many of Australia’s iconic sandy beaches are already under pressure due to coastal development and the impacts of severe storm or flood events. These impacts are likely to be exacerbated by projected climate changes such as elevated water levels and potentially increased storm intensity. Beaches provide important recreation services for both residents and tourists but few studies in Australia have attempted to place economic values on this service. Thus, coastal authorities that are forced to make investment decisions relating to beach protection and restoration have insufficient data to conduct cost-benefit evaluations of projects where recreation values are significant. This paper …

Earnings Response Coefficients Of Oecd Banks: Tests Extended To Include Bank Risk Factors, Mohamed Ariff, Cheng Fan Fah, Soh Wei Ni

Mohamed Ariff

We investigate two issues: Do share prices of banks in European markets respond to unexpected accounting earnings disclosures? Are share prices as well as unexpected earnings changes correlated with bank-relevant risk factors? Results reveal that bank share prices respond to unexpected earnings changes at the time of accounting reports in the same manner as the shares of the more widely-researched non-bank firms. Apart from finding significant earnings response coefficients in eight countries, we find that credit risk, price risk, exchange rate risk, and solvency risk are significantly correlated with share price changes. Third, three bank risk factors are significantly correlated …

Ricardian Rent Explains Costs Of Elite Colleges, Lester G. Telser

Lester G Telser

Investor Responses To Dividends Received Deductions: Rewarding Multinational Tax Avoidance?, Sebastien J. Bradley

Sebastien J Bradley

Central to the debate over U.S. international tax reform is understanding how multinational tax avoidance behavior might respond to a reduction in taxes on repatriated foreign-source earnings. Beginning in early 2009, several attempts have been made to re-institute a temporary 85 percent dividends received deduction that would have reduced such taxes for U.S. multinational corporations. Despite an intense lobbying effort, the measure was ultimately cast aside in late 2011, temporarily yielding to the criticism, in part, that the original such provision enacted under the American Jobs Creation Act of 2004 offered a generous reward for international tax avoidance. Exploiting the …

Airline Network Effects And Consumer Welfare, Daniel L. Rubinfeld, Mark Israel, Bryan Keating, Bobby Willig

Daniel L. Rubinfeld

In this paper we develop a methodology to quantify the value to consumers of the non-price characteristics of airline networks. Our research demonstrates that analyses that ignore the quality effects associated with expanded airline networks generate incorrect findings and thus should not form the basis for policy decisions regarding airline transactions. Appropriately incorporating quality effects into quality-adjusted fares reverses the conclusion that hub airports yield lower consumer welfare due to generally higher fares than other airports. From the perspective of consumer welfare in this industry, to evaluate potential airline mergers, alliances, slot swaps or other transactions, one should not focus …

The Economic Situation In The Transition Economies, Robert C. Shelburne

Robert C. Shelburne

Presentation to the Project Link/United Nations group of experts on the world economy regarding the economic outlook for the transition economies of the CIS and south-east Europe for 2014.

Inequality Aversion And Efficiency With Ordinal And Cardinal Social Preferences – An Experimental Study, Dorothea K. Herreiner, Clemens Puppe

Dorothea Herreiner

In this paper, we report on a series of free-form bargaining experiments inwhich two players have to distribute four indivisible goods among themselves. In one treatment, players are informed about the monetary payoffs associated with each bundle of goods; in a second treatment only the ordinal ranking of the bundles is given. We find that in both cases, inequality aversion plays a prominent role. In the ordinal treatment, individuals apparently use the ranks in the respective preference orderings over bundles of goods as a substitute for the unknown monetary value. Allocations that distribute the value (money or ranks, respectively) most …

Distributing Indivisible Goods Fairly: Evidence From A Questionnaire Study, Dorothea K. Herreiner, Clemens Puppe

Dorothea Herreiner

We report the results of a questionnaire study on the fair distribution ofindivisible goods. We collected data from three different subject pools, first- and secondyear students majoring in economics, law students, and advanced economics students with some background knowledge of fairness theories. The purpose of this study is to assess the empirical relevance of various fairness criteria such as inequality aversion, the utilitarian principle of maximizing the sum of individual payoffs, the Rawlsian “maximin” principle of maximizing the payoff of the worst-off individual, and the criterion of envy-freeness (in the sense of Foley, 1967).

Envy Freeness In Experimental Fair Division Problems, Dorothea K. Herreiner, Clemens Puppe

Dorothea Herreiner

Envy is sometimes suggested as an underlying motive in the assessment ofdifferent economic allocations. In the theoretical literature on fair division, following Foley (1967), the term “envy” refers to an intrapersonal comparison of different consumption bundles. By contrast, in its everyday use “envy” involves interpersonal comparisons of well-being. We present and discuss results from free-form bargaining experiments on fair division problems in which inter- and intrapersonal criteria can be distinguished. We find that interpersonal comparisons play the dominant role. The effect of the intrapersonal criterion of envy-freeness is limited to situations in which other fairness criteria are not applicable.

The Institutional Entrepreneur As Modern Prince: The Strategic Face Of Power In Contested Fields, David Levy, Maureen A. Scully

Maureen Scully

This paper develops a theoretical framework that situates institutional entrepreneurship by drawing from Gramsci’s concept of hegemony to understand the contingent stabilization of organizational fields, and by employing his discussion of the Modern Prince as the collective agent who organizes and strategizes counter-hegemonic challenges. Our framework makes three contributions. First, we characterize the interlaced material, discursive, and organizational dimensions of field structure. Second, we argue that strategy must be examined more rigorously as the mode of action by which institutional entrepreneurs engage with field structures. Third, we argue that institutional entrepreneurship, in challenging the position of incumbent actors and stable …

Recapturing The American Dream: Meeting The Challenges Of The Bay State's Lost Decade, Andrew M. Sum, Ishwar Khatiwada, Joseph Mclaughlin, Mykhaylo Trubskyy, Sheila Palma

Andrew Sum

No abstract provided.

Recapturing The American Dream: Meeting The Challenges Of The Bay State's Lost Decade, Andrew M. Sum, Ishwar Khatiwada, Joseph Mclaughlin, Mykhaylo Trubskyy, Sheila Palma

Ishwar Khatiwada

No abstract provided.

Recapturing The American Dream: Meeting The Challenges Of The Bay State's Lost Decade, Andrew M. Sum, Ishwar Khatiwada, Joseph Mclaughlin, Mykhaylo Trubskyy, Sheila Palma

Sheila Palma

No abstract provided.

The Greater Boston Housing Report Card 2013: What Follows The Housing Recovery?, Barry Bluestone, Eleanor White, Noah Hodgetts, Michael Gleba, Nancy Lee, Monika Kondura, Tim Davis

Barry Bluestone

No abstract provided.

Final First Year Progress Report, Barry Bluestone, Eleanor While

Barry Bluestone

No abstract provided.

Weston Housing Survey, Bonnie Heudorfer, Stein Helmrich, Barry Bluestone

Barry Bluestone

No abstract provided.