Social and Behavioral Sciences Commons^™

Climate Change-Induced Effects On Beach Degradation And Tourist Behaviour: A Review Of Previous Studies With Potential In An Island Tourism Context, Yen E. Lam González, Carmen Garcia, Matias M. González Hernández, Carmelo J. Leon

International Journal of Islands Research

This article conducts a qualitative meta-analysis of papers addressing the topic of climate change impacts on beach loss and degradation, and its relation to tourist behaviour (destination choice, willingness to re-visit, expenditure and willingness to pay). The main aim is to identify values that can be used in future research works in the context of island tourism. We found that the strong specialisation and fragmentation of data and methods limit the transferability potential of previous research analysing climate-induced effects on beaches and tourist behaviour. Researchers from different fields bring their own conceptual models which often address similar problems but use …

Ijir Table Of Contents Vol. 2, Giovanni Ruggieri, Patrizia Calò, Kevin A. Griffin, Razaq Raj

International Journal of Islands Research

No abstract provided.

Guest Editorial: Mass Atrocity And Collective Healing: New Possibilities For Regenerating Communities, Scherto R. Gill

Genocide Studies and Prevention: An International Journal

This Special Issue brings together five articles from different disciplines. It aims to contribute to the emergent critical voices in research about collective trauma and collective healing by introducing novel perspectives and inviting further debates on the relevant issues evoked. For this reason, the Special Issue focuses on collective healing through a number of prisms. First, it delves into the notions of wounding and trauma, with a view to advance a well-argued theoretical framework for understanding collective healing. Second, it identifies underlying ethical pillars for collective healing, especially the principles of equality and well-being that affirm human dignity founded on …

Sons Of Disobedience And Their Machines: How Sin And Anthropology Can Inform Evangelical Thought About Ai, Gregory S. Mckenzie

Eleutheria: John W. Rawlings School of Divinity Academic Journal

The purpose of this paper is to further discussion about artificial intelligence by examining AI from the perspective of the doctrine of sin. As such, philosophy of mind and theological anthropology, specifically, what it means to be human, the effects of sin, and the consequent social ramifications of AI drive the analysis of this paper. Accordingly, the conclusions of the analysis are that the depravity of fallen humanity is cause for concern in the very programming of AI and serves as a corrupted foundation for artificial machine cognition. Given the fallen nature of human thought, and therefore, fallen AI thought, …

Effects Of Financial Inclusion And Openness On Banking Stability: Evidence From Developing And Developed Countries, Sugiharso Safuan, M. Abdi Shalihin

Economics and Finance in Indonesia

This study seeks to contribute to the emerging debate regarding the effects of financial inclusion and openness on banking stability. Panel data from 217 developing and developed countries from 2004 to 2017 showed that financial inclusion did not affect banking stability. However, financial openness significantly affected banking stability in all countries worldwide. Furthermore, the interaction of financial inclusion and openness had a significant positive effect on banking stability in developing and all countries worldwide. This finding indicates that the more funds obtained by banks from the implementation of financial inclusion policy and financial openness policy, the greater the potential for …

Special Allocation Fund And Poverty Rate In Indonesia, Danesta Febianto Nugroho, Bayu Rhamadani Wicaksono, Muhammad R. Reynaldi

Economics and Finance in Indonesia

The Special Allocation Fund is distributed to specific areas to aid them in funding special regional activities that follow national interests. Giving regional government's broad autonomy is meant to hasten the realization of social welfare, as seen by reducing poverty. This study aims to examine the influence of the Special Allocation Fund for education, health, and infrastructure on the poverty rate in Indonesia, using the Poverty Gap Index (P1) as a proxy for the poverty rate. The study employed annual data from 33 Indonesian provinces from 2015 to 2018 and panel data regression analysis utilizing the Fixed Effects Model (FEM). …

The Impact Of School Operational Assistance Program Implementation At School Level On Senior Secondary Education Enrollment By Households: Evidence From Indonesia In 2007 And 2014, Fairuzah Pertiwi Kartasasmita, Eny Sulistyaningrum

Economics and Finance in Indonesia

Education is recognized worldwide as one of the key elements in developing the human capital of a nation for a prosperous future. Given an almost universal enrollment in primary education, many governments have shifted their focus on students motivation to continue to and finish their secondary education. The government of Indonesia has made extensive efforts in widening participation in education. With a growing budget for educational expenditure, various government programs have been implemented to assist students in their learning. One such program is the School Operational Assistance Program (BOS), which has been running for two decades. This paper reports on …

The Role Of Success Rate, Discovery, Appraisal Spending, And Transitioning Region On Exploration Drilling Of Oil And Gas In Indonesia In 2004-2015, Harry Patria

Economics and Finance in Indonesia

Petroleum exploration decision remains a subject of petroleum and economic studies for decades. Most of the studies discuss the investment decision by focusing on either a technical or economic perspective. In reality, economic, geological, and environmental factors are expected to determine the way investors make a decision. This study aims to increase the understanding of best practices in decision-making by scrutinizing integrative perspectives applying panel data of 32 basins in Indonesia in 2004-2015. This study provides several contributions to optimize decisions on wells drilled. First, this study derives an empirical model examining several plausible factors of economy, geology, and environment. …

The Environmental Kuznets Curve For Deforestation In Indonesia, Dara Adila, Nunung Nuryartono, Mandar Oak

Economics and Finance in Indonesia

This study provides empirical findings on the relationship between deforestation and income in 32 provinces in Indonesia. To enrich the discussion on deforestation, this study investigates the impact of the factors of population, roundwood production, land area, and main crop production on deforestation. The selected main crops in Indonesia are oil palm, coffee, coconut, rubber, and cacao. The results confirm the existence of the EKC relationship between deforestation and income in Indonesia. The study also finds that oil palm production positively affects tree cover loss, but the production of natural rubber has the opposite impact on deforestation.

Factors Influencing Economic Empowerment In Tourism Development, Eva Rachmawati, Joanna Fountain, Michael Mackay

Economics and Finance in Indonesia

Tourism is believed to be able to empower people economically, both at the individual and community levels, by providing various employment and business opportunities to community members to help alleviate poverty. This study offers insights into community empowerment outcome, particularly in economic dimension, through a quantitative approach. This study aims to identify the level of community empowerment outcome perceived by the local communities in tourism development in their area and analyze the factors that influence the outcome. Employing a mixed-methods approach, this study collected data through household survey, field and participatory observation, and document analysis. The questionnaire responses were analyzed …

A Survey Of Faculty Perceptions Of Community College Career And Technical Education, Thomas Gauthier Dr.

Journal of Research in Technical Careers

Community colleges are the leaders in facilitating career and technical education (CTE), and faculty help develop program offerings on campus. This study explored faculty perceptions of community college CTE programs using the survey research method. Participants included 36 faculty members from various disciplines from 15 state colleges in Florida. Participants were sent a digital survey and asked to use a scale from 0 (do not agree) to 8 (agree) to score their agreement level with 43 statements of opinion. Data revealed that community college faculty perceive CTE as beneficial, but CTE programs must include the habits of mind and support …

An Analysis Of The Micro-Determinants Of Domestic Holiday Expenditure By Households In The Republic Of Ireland, Lisa Noonan

Irish Business Journal

The dramatic decrease in overseas visitors to Ireland in 2020 due to the Covid-19 pandemic has demonstrated the risks, for the tourism sector, associated with being over-reliant on international tourism. Growing the domestic tourism market is now critical for sustaining jobs and businesses within the sector. The purpose of this paper is to examine the micro-determinants of expenditure on domestic holidays by households in the Republic of Ireland.

Using data from the Irish Household Budget Survey 2015-2016, instrumental variable estimators are used to conduct the analysis. The results reveal that disposable income, being located in the Border, Midlands and Western …

Lessons Learned: Lewis "Lee" Sachs, Yasemin Esmen

Journal of Financial Crises

Lewis “Lee” Sachs was counselor to Treasury Secretary Timothy F. Geithner and head of the Obama administration’s Financial Crisis Response Team in the US Department of the Treasury. Mr. Sachs led the development and coordination of the Obama administration’s Financial Stability Plan to stabilize the financial system during the Global Financial Crisis of 2007–09 (GFC). He was tasked with continued coordination with the outgoing Bush administration, as well as putting together a team to develop further restructuring plans and oversee their execution. This “Lessons Learned” is based on an interview with Mr. Sachs.

Lessons Learned: William Nelson, Sandra Ward

Journal of Financial Crises

William Nelson was deputy director, Division of Monetary Affairs, at the Federal Reserve Board during the Global Financial Crisis of 2007–09 (GFC). As the nation’s central bank, chief financial regulator, and lender of last resort, the Federal Reserve Board took the lead in setting monetary policy and stabilizing the financial system during the crisis.

Nelson’s responsibilities at the Fed during the crisis included analysis of monetary policy and discount window policy as well as financial institution supervision, and he regularly briefed the board and the Federal Open Market Committee. He developed special expertise in designing liquidity facilities and was a …

Lessons Learned: Timothy Massad, Yasemin Esmen

Journal of Financial Crises

Timothy Massad was assistant secretary for financial stability at the US Department of the Treasury between 2009 and 2014. He oversaw the $700 billion Troubled Assets Relief Program (TARP), which was passed by Congress in October 2008 to enable the Treasury to buy assets of and invest in banks and companies to stem the financial crisis. Massad was involved in the implementation of TARP as well as its winding down; it ultimately invested $439 billion. This “Lessons Learned” is based on a phone interview with Mr. Massad.

Lessons Learned: Andreas Lehnert, Mercedes Cardona

Journal of Financial Crises

Andreas Lehnert was chief of the Federal Reserve’s Household and Real Estate Finance Section at the onset of the Global Financial Crisis of 2007–09 (GFC) and played a key role in implementing the Fed’s research and policy agenda on financial stability. He developed and helped run the Fed’s first regulatory bank stress tests in 2009, and in 2010 played a role in launching the Office of Financial Stability Policy and Research, which became the Division of Financial Stability. This “Lessons Learned” is based on an interview with Mr. Lehnert.

Lessons Learned: Jenni Lecompte, Mercedes Cardona

Journal of Financial Crises

Jenni LeCompte was deputy assistant secretary in charge of public affairs operations at the Treasury Department during the Global Financial Crisis and later became assistant secretary, public affairs. She coordinated communications, served as a spokesperson, and advised Secretary Timothy Geithner during the crisis. This “Lessons Learned” is based on an interview with Ms. LeCompte.

Lessons Learned: Jason Furman, Mercedes Cardona

Journal of Financial Crises

Jason Furman was a top economic adviser to the successful presidential campaign of Barack Obama in 2008. He played a key role in most of President Obama’s major economic policies during and in the aftermath of the Global Financial Crisis of 2007–09. Furman, who had served at both the Council of Economic Advisers and National Economic Council during the Clinton administration, served as Chairman of the Council of Economic Advisers from August 2013 to January 2017, acting as President Obama’s chief economist and a member of the cabinet. He is currently Professor of the Practice of Economic Policy at the …

The Effect Of A Financial Crisis On Household Finances: A Case Study Of Iceland’S Financial Crisis, Axel Hall, Andri S. Scheving, Gylfi Zoega

Journal of Financial Crises

Iceland experienced a financial crisis in 2008–2009 when its banking system collapsed, the currency lost half its value, most businesses became technically insolvent, house prices fell, and household debt increased due to indexation to foreign currencies or the price level. This paper tells the story of the crisis and maps the losses to households using a dataset from tax returns that includes all taxpayers in the country and contains the value of housing, mortgage debt, disposable income, and net worth. For relative losses in net worth, the results show that families with children, especially those with parents aged between 24 …

When An Economist Is A Mentor: For Yang Fan, Colby’S Teaching Philosophy Was The Right Fit, Kardelen Koldas

Colby Magazine

They say follow your passion to wherever it takes you. Yang Fan, the new Todger Anderson Assistant Professor of Investing and Behavioral Economics, did just that. He followed his passion for teaching and changed coasts, from West to the East. Now, he’s helping his students find and pursue their passions as well.

Ready, Willing, And Able, Gerry Boyle

Colby Magazine

So what gives? How, after four years on Mayflower Hill, do these Colby alumni have an outsized impact in a fintech company that is focused on, for example, changing the way municipal bonds are traded? What makes them able to dive in and figure it out? “That’s part of the liberal arts education,” said Associate Professor of History John Turner, who taught Tagg Martin ’13, history major turned MarketAxess go-to analyst. “You’re always learning. … You are always going to be mastering something, as opposed to having mastered.”

The Effect Of Epidemiological Investor Sentiment On Financial Market Movements, Ruben A. Silverstone

Undergraduate Economic Review

This paper investigates the effect of public sentiment related to epidemiological crises on financial market movements. The outbreak of COVID-19 provided evidence of the havoc a pandemic can wreak on financial markets. The Ebola outbreak between December 2013 and January 2016 provides the ideal case study to isolate sentiment. Sentiment was quantified with established text processing methods, using news on viral events uncorrelated with other potential causes of market movements and incorporating publisher circulation. I find that epidemiological investor sentiment has a highly statistically significant, current, and non-linear relationship with individual company stock returns when controlling for company-specific fixed effects.

How Does Industrialization Affect (Equitable) Income Growth? Evidence From U.S. Manufacturing During The Early 20th Century, Leonardo Cavedagne

Undergraduate Economic Review

This paper assesses how changes in labor productivity from the rise of industrialization impacted total, personal, and corporate income per capita at the state level from 1899-1940. Using hand-collected data from the Statistics of Income Report and the Statistical Abstract of the United States, we conduct OLS regressions and find a significant and positive relationship between labor productivity and our dependent variables. Personal income recorded the highest coefficient, demonstrating workers benefiting the most from increasing labor productivity. This finding allows for exploration into equitable income growth, as the growth in income benefits the workers more than large capital owners.

Keynote Address, Godwin I. Emefiele Con

Economic and Financial Review

The theme for this year’s edition, “Food Security in Nigeria: Options for Policy” is apt and in tune with the existing realities of both the global and domestic economies, which have suffered heavily from the impact of the COVID-19 pandemic. In fact, the theme could not have come at a better time than now when issues of insecurity, climate change, and COVID-19 related disruptions are challenging food production and supply, not only in Nigeria but also globally. As a matter of fact, food security is critical for national security, economic stability and sustainable development.

Welcome Address, Itohan M. Ogbomon-Paul

Economic and Financial Review

The theme of this year’s Seminar is tagged “Food Security in Nigeria: Options for policy”. The central focus of the Seminar is to discuss policy options for tackling the challenges of food insecurity, with the resultant outcomes on poverty reduction, job and wealth creation, as well as overall growth and development of the Nigerian economy. This year’s Seminar provides a unique opportunity for us all, because food holds the key to quality human existence. Indeed, food security is at the core of every nation’s development agenda. The quantity and quality of food available to the citizenry is correlated with the …

Food Security, Economic Growth And Price Stability Nexus And Conceptual Issues, Park O. Idisi

Economic and Financial Review

A strong argument that encourages analysing food security and food price stability issues is importance to economic well-being. Nigeria is one of the most food insecure countries and highly affected by all three drivers. For one, the country is vulnerable to price instability and successively hit by environmental disasters, that impact people’s livelihoods. Furthermore, its economy is thriving, but around 48.0 per cent of its population lives below the poverty line (World Bank, 2020; World Poverty Clock, 2020). In addition to that, since 2009 northeastern Nigeria is struck by insurgency. Essentially, sustainability in economic growth is dependent on achievement of …

An Overview Of Federal Government Policies And Programmes For Food Security In Nigeria, Rasaq Oyeleke

Economic and Financial Review

Nigeria has a vast land area of 91.1 million hectares supported by 1.3 million hectares of water bodies, 3.14 million hectares of irrigated land and a coastal line of over 800 km that is viable for virtually all aspects of agro-allied sector (crops, agro-forestry, fisheries, poultry and livestock). Presently, only 32 million out of the 81 million hectares of arable land is under cultivation and typical farm size ranges between 0.5 hectares and 4 hectares in the southern and northern parts of the country, respectively.To this end, policies are enacted as a deliberate plan of action to guide decisions and …

A Review Of Federal Government Support Policies And Programmes For Food Security: A Farmers Perspective, Muhammad A, Liman

Economic and Financial Review

To properly address the above topic, we need to examine how the farming community evolved over the years in Nigeria. We equally need to understand the impact of the support policies and programmes of the Federal Government, analyse them, identify which aspects of these policies and programmes require review, and then offer a way forward. We need to examine and define some terms and raise questions that will form the basis of our presentation. These include: Who is a farmer? What is food security? What are the current Federal Government support policies and programmes? How have these policies and programmes …

Averting The Looming Food Crisis: A Clarion Call To Immediate And Near-Term Policy Action, Adeleye O. Oyebade Mni

Economic and Financial Review

Food is defined by Britannica, a web-based encyclopaedia, as any substance consisting of protein, carbohydrate, fat, and other nutrients used in the body of an organism to sustain growth and vital processes, and to furnish energy.8 In a similar definition, Wikipedia described food as any substance consumed to provide nutritional support for an organism; adding that food is usually of plant, animal or fungal origin, and contains essential nutrients. The above definitions explain why food is viewed as an essential need of life. However, the production of food has been declining in recent times for some reasons, including the adverse …

Averting The Looming Food Crisis: A Clarion Call To Immediate And Near-Term Policy Action, Kabir Ibrahim Mnia, Fnim, Acc

Economic and Financial Review

This paper seeks to advise on how to tackle the skyrocketing prices of food being experienced today all over the nation and to get the Government to take urgent and proactive actions to avert the pain being experienced by the entire Nigerian people.