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Social and Behavioral Sciences Commons

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Full-Text Articles in Social and Behavioral Sciences

The Natural: How One High School Football Star, Economics Major, Ex-It Manager, Red Sox Fan, Proponent Of A "No-Jerks" Policy, And Kids' Baseball Coach Has Risen To The Top Of International Banking, Gerry Boyle Mar 2013

The Natural: How One High School Football Star, Economics Major, Ex-It Manager, Red Sox Fan, Proponent Of A "No-Jerks" Policy, And Kids' Baseball Coach Has Risen To The Top Of International Banking, Gerry Boyle

Colby Magazine

Bob Diamond ’73 is an ex-linebacker, former IT manager, devoted Red Sox fan, and youth baseball coach. He also has managed to rise to—and excel at—the highest levels of international banking.


Silver Lining: Economic Woes Can Inspire Positive Life Changes, Alexis Grant Feb 2013

Silver Lining: Economic Woes Can Inspire Positive Life Changes, Alexis Grant

Colby Magazine

For some alumni, having careers disrupted by the economic recession proves to be a good thing.


Real Money, Real Lessons: In A Course Called Learning By Giving, Students Pursue And Allot Funding For Area Nonprofits, Laura Meader Feb 2013

Real Money, Real Lessons: In A Course Called Learning By Giving, Students Pursue And Allot Funding For Area Nonprofits, Laura Meader

Colby Magazine

Students learn nonprofit ropes by seeking funding for area organizations.


An Unexpected Verdict: Exploring The Economic Implications Of An Expanding Chinese Presence In Dakar's Informal Market, Georgina Hurst Jan 2013

An Unexpected Verdict: Exploring The Economic Implications Of An Expanding Chinese Presence In Dakar's Informal Market, Georgina Hurst

Honors Theses

Through examination of literature, statistical analysis, and field research in Dakar, Senegal, this study explores the economic implications of an expanding Chinese presence on Senegalese retailers in the informal market of Dakar, and on Senegalese consumers of cheap goods that shop primarily in this market. Since the early 1990s, a neighborhood of Chinese storefronts selling cheap goods has developed in the Centenaire region of downtown Dakar. The Chinese entrepreneurs, primarily in Dakar for wholesale, have adapted to the demands of low-end Senegalese retailers and consumers, focusing their products on basic necessities, such as clothing, and imitation commodities, such as Islamic …


The Macroeconomic Effect Of Currency Union Dissolution: Evidence From The Narrative, Marcus Josefsson Jan 2013

The Macroeconomic Effect Of Currency Union Dissolution: Evidence From The Narrative, Marcus Josefsson

Honors Theses

In the face of the growing importance of alternative monetary arrangements throughout the world, the economics literature contains contradictory explanations for the impact of currency union dissolution. Some argue that dissolving a union removes limitations to growth, while others contend that the ensuing uncertainty drives weaker macroeconomic performance. In this paper, I present empirical analysis of the macroeconomic effect of dissolving currency unions. I utilize a narrative approach to address asymmetries in the underlying motivations for different dissolutions, and find that the absence of economic concerns driving dissolution leads to improved growth in the post dissolution period. Further, evidence for …


Does Exchange Market React To Central Bank Governor Replacements: Evidence From A New Dataset Using Narrative Approach, Siyang Xu Jan 2013

Does Exchange Market React To Central Bank Governor Replacements: Evidence From A New Dataset Using Narrative Approach, Siyang Xu

Honors Theses

This paper contributes to the literature that analyzes the exchange market reaction to the event of a central bank governor replacement. In order to solve the endogeneity problem, we develop a narrative approach-based on reports from credible newspapers-that classifies central bank governor replacements by their nature and causes. Using this new dataset on central bank independence for 31 countries over the period 1967-2012, we decompose all replacements into endogenous and exogenous cases with respect to inflation and financial market performance. We find that such a distinction is critical in understanding the exchange market reactions. We show that i) endogenous replacements, …