Social and Behavioral Sciences Commons^™

An Econometric Analysis Of Bilateral Import Demand In South Africa, Christopher Smith

Dissertations

One of the most significant challenges facing any society is the allocation of scarce economic resources that have alternative uses. Though imports can streamline the allocation of scarce resources in an economy, the potency of a country’s import policies are subject to the magnitude of import elasticities with respect to income, domestic prices, foreign prices, and exchange rates. This research estimates the bilateral income, domestic price, import price, and exchange rate elasticities between South Africa and its five largest trading partners: China, Germany, the United States, India, and Saudi Arabia using quarterly data from 1998 – 2017. The bounds testing …

Treatments For Cancer Given Orally: Patients' Perceptions Of Distress Due To Financial Toxicity, Ellen Carr

Dissertations

Purpose/Aims: For adult participants who have received or are receiving treatment for hematologic and solid tumor malignancies given orally, this study describes the relationship between participants’ experience of financial toxicity (FT), the participants’ perception of distress associated with FT, and participants’ self-identified adherence to prescribed treatments in the context of FT.

Background: FT has emerged as an additional source of distress for cancer patients. The costs of treatments given orally can be prohibitively expensive for patients. Therefore, these patients may experience considerable distress and may not adhere to treatments as prescribed.

Method: Descriptive cross-sectional correlational design study of a sample …

Settling In: The Consequences Of Legal Origins And Institutional Variety For Immigrant Labor Market Integration In Oecd Countries, Jennifer Kuklenski

Dissertations

Drawing upon theories of institutional variety, this research seeks to determine whether or not immigrant labor market outcomes are better in countries with 1) liberal market economies and deregulated labor markets; and 2) countries with supply-driven immigration systems. Non-parametric Kolmogorov-Smirnov and Mann-Whitney U tests are combined with parametric time series, GLS regression analysis of panel data to estimate the impact and significance of legal origins (common versus civil law systems) and merit-based immigration policy on 1) labor market participation; 2) unemployment; and 3) employment by educational attainment in 28 OECD countries between the years 2001-2016. The analysis controls for other …

Three Essays On Liquidity Shocks And Their Implication For Asset Pricing And Valuation Models, Nardos M. Beyene

Dissertations

The main objective of my three essays is to incorporate liquidity shocks and the linkages between the liquidity condition of financial markets into asset pricing and valuation models. The first essay focuses on the liquidity adjusted capital asset pricing model, while the second and the third essays examine the popular asset valuation model called the Fed model.

The first essay investigates the pricing of the commonality risk in the U.S. stock market by using a more comprehensive market illiquidity measure that can reflect the liquidity condition of different asset markets. This measure is given by the yield difference between commercial …

Three Essays On Food Insecurity In Nigeria, Pimam Manzi Pidalatan

Dissertations

Households experience multiple shocks, among which health-related and agricultural-related shocks are the most frequent shocks in developing economies. Households’ exposure to shocks contributes more to the risk of being food insecure than a poor resource endowment (Azeem et al., 2016). Moreover, in low-income countries about 3.5 million mothers and children under the age of five die every year because they are undernourished FAO, IFAD, UNICEF, WFP AND WHO 2017). Sub-Sahara Africa is the region with the highest prevalence of undernourished people (22 percent) and stunted children (30 percent) (FAO, IFAD, UNICEF, WFP AND WHO 2017). Three of the seventeen Sustainable …

Analyzing Unemployment, Education-Occupation Mismatch, And Immigrant’S Participation In The Us Labor Market, Riyadh Naeem Arooq Arooq

Dissertations

Analyzing the factors that determine any labor market’s outcomes is important. That is because the results of these analyses can help policy makers to adopt effective labor market policies, and thus achieve the best outcomes of that labor market. In this study, I analyze three important factors: unemployment, education-occupation mismatch, and immigrants’ participation in the US labor market.

First, I analyze the problem of slow decline in the rate of U.S. unemployment after the last recessions. In this chapter, I examine whether the slow movement in U.S. unemployment is due to cyclical or structural factors. I contribute to the literature …

Career Coaching: A Study Of Veterans Health Administration (Vha) Leaders', Jerelyn Dugas

Dissertations

Purpose: The purpose of this qualitative multiple case study was to explore and describe the impact of career coaching on the career performance growth and retention as perceived by healthcare’s emerging leaders who participated in selected coaching program institutes for a minimum of 1 year at VHA hospitals in Southern California.

Methodology: The researcher selected a qualitative multiple case study to explore and describe VHA leaders’ perceived impact of coaching on their career performance growth and retention. Further, the researcher conducted semi-structured, interviews with 15 participants to gain a better understanding of the lived experiences of the participants at the …

The Effect Of Maternal Employment On Family Well-Being, Bezawit Teshome Agiro

Dissertations

This dissertation is composed of three essays on the effect of maternal employment on family well-being using data from Early Childhood Longitudinal Study: Kindergarten Class of 2010-11 (ECLS-K: 2011). In general, the findings from this study suggest that the effect of maternal employment on children’s weight status and cognitive development is not significant, but it is significant on mothers’ overall health and psychological well-being.

The first essay re-examines the effect of maternal employment on child obesity by taking a sample of grade 2 children who had at least one younger sibling from the spring 2013 cohort. The study makes use …

Three Essays On Asset Price Bubbles, Frank Ofori-Acheampong

Dissertations

This dissertation examines various issues associated with asset price bubbles. In the first essay, a Markov regime-switching model with time-varying transition probabilities is developed to identify asset price bubbles in the S&P 500 Index. The model nests two different methodologies; a state-dependent regime-switching model and a Markov regime-switching model. Three bubble regimes are identified; dormant, explosive, and collapsing. Time-varying transition probabilities are specified for each of the nine possible transitions in the Markov regime-switching model. Estimation of the model is done using conditional maximum likelihood with the Hamilton filter. Results show that transition probabilities depend significantly on trading volume and …

Political Accountability And Determinants Of Governance Under Principal-Agent Theory, Matthew Bluem

Dissertations

This study examines the theory that quality of governance is largely dependent upon political accountability, and that the effect of political accountability on governance varies based on three main determinants: level of democracy, level of information available to the public, and diversification of the economy (Adserà et al. 2003). With quality of governance, represented by the World Bank’s World Governance Indicators (WGI), as the dependent variable, this study considers how these three independent variables, and several control variables, affect governance quality. Incorporating data from 2010 – 2015 for 143 countries in both cross-sectional OLS and fixed effects panel regression analysis, …

The Relationship Between Financial Literacy, Financial Status, And Academic Success In College Students, Brian Douglas Brausch

Dissertations

As the cost of college continues to rise, an increasing number of students are relying on loans and credit cards to fund their postsecondary education. In an effort to curb student debt and increase retention and graduation rates, many universities have begun to offer financial literacy initiatives to stimulate financial knowledge and promote positive money management behaviors.

This study examines the relationship between a for-credit personal financial literacy course and student academic success and economic status. Students who took a personal finance course during their first or second year of college are compared to a random sampling of students who …

The Effects Of Tax Increment Financing On Assessed Land Values, Burdette Edward Fullerton Ii

Dissertations

Public policy debate regarding the use of economic development incentives is active and growing with a focus on the costs and benefits to communities around the country. Communities grant economic development incentives that encourage real estate development, such as tax increment financing, without knowing if the growth of land value or building type valuation inside of tax increment areas accelerate faster than areas outside of tax increment districts. Without the knowledge of how tax increment financing influences land values, communities risk the misallocation of resources from public entities, such as schools and libraries to private entities. In an era of …

Education And Nutrition Problems In Rural China, Rong Shi

Dissertations

The increasing inequality between rural and urban China has raised many concerns for Chinese scholars. A large gap exists not only in income but in health and education. The rural-urban disparities in health and education may contribute to greater income inequality in the future, thus leading to a vicious cycle. This study explores the factors that contribute to the increasing inequality in health and education between rural and urban China.

Using a randomized controlled trial in Shaanxi province, the first chapter studies the effectiveness of a supplemental meal program in improving students’ development outcomes. This study also compares the impact …

Social Health Insurance And Maternal And Child Health Outcomes In Developing Countries: The Case Of Ghana, Ama Agyeiwaa Abrokwah

Dissertations

About 25% of all maternal deaths occur during pregnancy; 99% of these maternal deaths occur in developing countries and half of these occur in Sub-Saharan Africa (WHO 2015). Two of the eight Millennium Development Goals are to reduce infant mortality and improve maternal and child health outcomes. To improve health outcomes and reduce the financial burden on households, a number of developing countries, including Ghana, Botswana, and Croatia, have introduced social health insurance programs which are heavily subsidized. This dissertation is a collection of three essays evaluating how maternal and child health care-seeking behavior, utilization and outcomes changed as a …

The Design Of An Instrument To Assess Clinical Laboratories Efficacy Post Implementation Of The Patient Protection Affordable Care Act, Harry Mcdonald Jr.

Dissertations

The healthcare system in the United States has undergone substantial changes in support of the Patient Protection and Affordable Care Act (PPACA). On March 23, 2010, the implementation of the new healthcare law brought universal healthcare access to all Americans, while attempting to increase quality and decrease medical costs. The new law promotes more of a quality-focused, outcome-based model rather than a pay-for-fee service model; thus, moving the paradigm from infrequent to preemptive healthcare. The PPACA postulates as the only way to achieve cost savings while increasing quality and access. Never before has there been such an extensive change to …

The Impact Of Commercial Banking Development On Economic Growth: A Principal Component Analysis Of Association Between Banking Industry And Economic Growth In Europe, Hugh L. Davis Iii

Dissertations

There are significant differences in the economic growth trajectories of Western, Central and Eastern Europe since the beginning of the democratic movements of the early 1990s. It may be observed that the more developed the region, the lower the growth rate. There are a number of explanations for this growth rate variance, e.g. cultural, resources, institutional and/or political. An explanation this research is pursuing is institutional - the correlation between banking development and economic growth. More specifically, does banking development have a greater impact on growth where economic development begins at a lower level?

Very little research has been directed …

Networked: An Investigation Into The Economic Contribution Of Manuel Castells, Darrick Brake

Dissertations

The central focus of this dissertation is contemporary network theory as discussed by Manuel Castells with an emphasis on his theoretical discussion on economic theory. This research centers on critically evaluating the works of Manuel Castells and discuss how his ideas on the theory of networks and the “network society” in relation to changes in the economic structure and information capitalism have made significant contributions to not only information society theory but also economic and sociological theory. This research was done as a two-part process in which there is a comparative analysis of the unique and underlying contributions contained within …

Three Essays On Monetary Policy And Exchange Rate Behavior, Wan Wei

Dissertations

In response to the 2007 financial crisis and recession, the Federal Reserve System (the Fed) implemented conventional monetary policy by lowering the Federal funds rate in order to stimulate the economy. However, the Federal funds rate reached its zero-lower bound in November 2008, which meant that lowering the Federal funds rate was no longer an option, because it could not be lowered any further. As a result, the Fed began to implement unconventional monetary policy, by making large-scale asset purchases (LSAPs) usually referred to as quantitative easing (QE). This dissertation studies how monetary policy in the context of the move …

Three Essays On Financial Constraints And Foreign Direct Investment, Todd Sarnstrom Ii

Dissertations

This three–essay dissertation makes contributions to the literature on foreign direct investment (FDI) and its relationship with collateral and the exchange rate. FDI refers to an investment made by a firm to establish or acquire a long–lasting interest in another firm operating outside its home country. Often, FDI involves substantial fixed costs that require the investing firm to seek external financing. Collateral has been identified as an important factor in the external financing of FDI. Firms lacking collateral are constrained in their ability obtain external financing. Exchange rates have also been identified as a factor in FDI. Exchange rate movements …

Property Rights And International Trade: An Institutional Determinant Of Export Structure, Gregory Alan Bonadies

Dissertations

This work investigates the connection, independent of other factors, between a country’s system of law and property rights and patterns of trade. Stronger property rights institutions are hypothesized to lead to greater diversity in exports and a greater proportion of higher value-added exports. Production and export possibilities depend on capital, labor, and technology. Technology is the way in which capital and labor resources can be organized for productive purposes. Property rights condition expressions of technology and thus production possibilities and export potential. Consequently, if property rights vary between countries, then technological expression, production possibilities, and export potential vary as well. …

Examining International Stock Market Integration: Effects On Portfolio Statistical Moments, Changes To Systematic Risk Significance, And Investor Purchasing Of Foreign Equities, Justin Kingsley Hanig

Dissertations

The internet provides individuals with the ability to find instantaneous information on nearly every corner of the earth. Increasing correlations of international stock markets suggests investors may use information from different parts of the world to assess the value of the assets they hold in their portfolios. This dissertation examines changes in international stock market behavior to identify the effects of international market integration across a time. More specifically, this dissertation studies the effects of integration on the ability of diversification to reduce risk and skewness of portfolios, how global-wide risks significantly impact country-level index returns, and the equity purchasing …

Three Essays Assessing Global Value Chain Fragmentation On International Trade Using The World Input-Output Database, Johanna Retana Attoh

Dissertations

The growing fragmentation of supply chains across countries have changed the way nations engage in international trade. Conventionally, studies have used data on exports to measure trade flows; however, the use of this type of data imposes many assumptions that might misrepresent the real world. For instance, the assumption that the supply chain of a product is confined in only the domestic country does not take into consideration the increasing number of foreign inputs needed to produce a final good. In this dissertation, I use the World Input-Output Database (WIOD), since this dataset allows one to track and decompose the …

Natural Disasters In Latin America: The Role Of Disaster Type And Productive Sector On The Urban-Rural Income Gap And Rural To Urban Migration, Madeline Alice Messick

Dissertations

This research provides insight into the impact of natural disasters as drivers of rural to urban migration in Latin America and the Caribbean (LAC). Disasters of varying types are predicted to have differing impacts on the productive sectors of agriculture, industry, and services; which due to the concentration of the various productive sectors in either urban or rural areas, subsequently changes the urban-rural wage differential. Changes to the wage differential (as measured by the urban-rural income gap) are predicted to lead to movement between urban and rural areas until a new equilibrium wage is reached.

This dissertation first identifies a …

The Influence Of The Electric Supply Industry On Economic Growth In Less Developed Countries, Edward Richard Bee

Dissertations

This study measures the impact that electrical outages have on manufacturing production in 135 less developed countries using stochastic frontier analysis and data from World Bank’s Investment Climate surveys. Outages of electricity, for firms with and without backup power sources, are the most frequently cited constraint on manufacturing growth in these surveys.

Outages are shown to reduce output below the production frontier by almost five percent in Africa and by a lower percentage in South Asia, Southeast Asia and the Middle East and North Africa. Production response to outages is quadratic in form. Outages also increase labor cost, reduce exports …

Three Essays On Informal Payments In The Health Care Sector In Russia, Alexandra Polovinka

Dissertations

Health care is one of the most corrupt sectors in Russia. In 2015 twenty percent of patients paid a bribe for the health care services once or twice, and thirteen percent more than twice (Russian Public Opinion Research Center, 2015). Using data on adults from over 5,000 households in Russia, this three-essay study analyzes out-of-pocket formal (official) and informal (unofficial, bribes) payments for the health care.

In the first essay, I study whether there is a difference in the amount of unofficial pay-ments across five types of health care services (ambulance, inpatient, outpatient, dental, and medical checkups) and two types …

Three Essays On Finance, Agricultural Aid, And Development, James Squires

Dissertations

This work investigates several roles that financial development and agricultural aid have on economic development. In the first essay, I find that development of two of the major components of the financial sector—the banking sector and market sector—have a positive effect on incomes of the poor. In the second essay, I find a beneficial link between agricultural aid and agricultural productivity in that stable agricultural aid increases the Sharpe ratio for agricultural productivity. The third essay shows an agricultural productivity convergence across 140 countries. I do not find any evidence that agricultural aid has a supportive role in this convergence …

Essays On Portfolio Choice And Risk Management, Yi-Chin Hsin

Dissertations

Globalization increases the access to financial markets and provides expanding opportunities for investors to diversify internationally. As suggested by the Modern Portfolio Theory (Markowiz, 1952), rational investors should use one of the following two strategies to achieve portfolio diversification: (1) Investing in asset classes thought to have low correlations or (2) increasing the sizes of their portfolios in multiple markets. In the early 1970s, diversification was referred to as the “free lunch” in investment. However, French and Poterba (1991) show that investors still tend to hold a disproportionate part of domestic equities in their portfolios. This phenomenon is called “the …

Remittances As Contributor To Risk Management And Poverty Reduction In Grenada, Dianne Jntl Rosemary Forte

Dissertations

A Small Island Development States (SIDS) viewpoint is underrepresented in the existing migration literature. That perspective is necessary because SIDS geography creates a unique set of social and economic circumstances that predisposes small states to high vulnerability to external shocks from environmental events and influences emigration decision making. Like other SIDS, Grenada is characterized by small land mass, small population, limited opportunities for productive labor, and limited resources to efficiently support all the requirements of modern institutions. This has resulted in high levels of emigration and a pattern of circularity as Grenadian households make rational decisions to manage risk and …

Preferential Trade Agreements And Quality Of Government In Sub-Saharan Africa, Sharon Camara

Dissertations

Objectives. Sub-Saharan African (SSA) nations have made concerted attempts at economic integration and openness with use of preferential trade agreements (PTAs) beginning in the latter half of the 1990s. These changes could result in increases in trade and growth. The World Bank’s Good Governance indicators are designed to assess the quality of institutions in a given country. The objective is to assess the impact of PTAs and Good Governance indicators on trade in SSA nations. Methods. Data on trade y was generated based on exports defined by the International Monetary Fund’s (IMF) Direction of Trade statistics, and both OLS and …

Do Parties Matter? A Political Model Of Monetary Policy In Open Economies, Hulya Unlusoy

Dissertations

In this doctoral dissertation, I present an original political model of monetary policy in open economies that reframes the Mundell-Fleming model when party politics and long-term interest rates are examined with the three economic variables (monetary policy autonomy, capital mobility, fixed exchange rate) that form the basis of the Mundell-Fleming model. The Mundell-Fleming model explains that there is no monetary policy autonomy in the short term under high capital mobility and a fixed exchange rate system. To see whether I arrive at a different conclusion than the Mundell-Fleming model, I pose the following two research questions: 1. What explains variations …