Social and Behavioral Sciences Commons^™

United States: Transaction Account Guarantee Program, Ezekiel Vergara

Journal of Financial Crises

The collapse of Lehman Brothers in September 2008 led many uninsured depositors to withdraw their funds from US banks that they perceived as troubled. To reassure depositors, the Federal Deposit Insurance Corporation (FDIC), on October 14, 2008, guaranteed certain debt and deposits through its Temporary Liquidity Guarantee Program (TLGP). The Temporary Account Guarantee Program (TAGP) was one component of the TLGP. Through the TAGP, the FDIC provided unlimited insurance to noninterest-bearing transaction accounts (NIBTAs) and other low-interest-bearing accounts. On October 3, 2008, the US Congress had increased the limit on insured deposits to $250,000. By guaranteeing these accounts in full, …

The Fuel For Neo-Nazism, Brandon M. Rubsamen

Global Tides

This paper attempts to explain the cause of support for far-right extremism movements in Europe. It takes a comparative approach in explaining that support by first analyzing Germany and Luxembourg. In each country, politics, history, economics, and society are explored in order to elicit a root cause. Once that main factor is found, Norway and Greece are also analyzed to see if the hypothesis holds. Political stability is hypothesized to be the root cause in far-right support in Germany (and lack thereof in Luxembourg), and the examples of Norway and Greece support this hypothesis. By comparing and contrasting aspects of …

The Us Supervisory Capital Assessment Program (Scap) And Capital Assistance Program (Cap), Aidan Lawson

Journal of Financial Crises

Due to continued stress during the Global Financial Crisis, the US Treasury released a series of additional measures in February 2009 that included a mandatory stress test for major U.S. bank holding companies (BHCs), backed by government capital. The stress test, known as the Supervisory Capital Assessment Program (SCAP), tested the capital adequacy of the 19 U.S. BHCs that had more than $100 billion in assets. A large interagency team of regulators and other experts estimated losses and income under two hypothetical scenarios for the group of BHCs: a baseline that reflected the consensus belief about the course of the …

Us Reconstruction Finance Corporation: Preferred Stock Purchase Program, Aidan Lawson

Journal of Financial Crises

By March 1933, the early collateralized lending programs of the Reconstruction Finance Corporation (RFC) had failed to prevent the recurrence of bank runs and panic in US financial markets. These conditions forced newly elected President Franklin Delano Roosevelt to call for a nationwide bank holiday from March 6 to March 9. On the final day of the holiday, a special session of Congress passed the Emergency Banking Act (EBA), which gave the RFC the power to make investments via preferred equity of distressed institutions. Under the EBA, the RFC could subscribe to and make loans on cumulative non-assessable preferred stock …

Tanner Colby, Some Of My Best Friends Are Black (2012), James W. Gentry

Markets, Globalization & Development Review

No abstract provided.

Monetary Policy And Income Inequality In The United States And Spain, Brooke Whetstone

ELAIA

Background Contractionary monetary policy has long-term effects on inequality (Feldkircher & Kakamu, 2018). However, other forms of monetary policy do not have a clear effect on income inequality. Central banks defend the position that other factors are the driving forces behind income inequality (Powell, 2018).

Methodology This investigation utilized ANOVA regression analysis to determine if income inequality, as measured by wage growth by sector, is related to interest rates in the United States and Spain. If applicable, slopes of the regression lines for each sector were compared to see if they were significantly different in a statistical sense.

Results At …

Reflections On Globalization From Behind The Closed Quarantined Door, Andrzej Sankowski

Journal of Global Awareness

There are opinions that coronavirus will cause the end of globalization. Using examples of the European Union’s and the United States’ reaction to the pandemic crisis and other factors, this essay argues that the coronavirus will not destroy globalization but transform it into another form. This essay identifies some evolving trends and indicators triggering certain processes and suggests directions and solutions that seem to be emerging. Conditions before and reactions to the pandemic are influencing the process and the outcomes.

Covid-19 Crisis, Impacts On Catholic Schools, And Potential Responses | Part 1: Developed Countries With Focus On The United States, Quentin Wodon

Journal of Catholic Education

The COVID-19 crisis has led to widespread temporary school closures and a deep economic recession. School closures have threatened children’s ability to learn and later return to school well prepared. The impact of the economic recession is going to be even more devastating: first for students, but also for the ability of some Catholic schools to maintain their enrollment and remain sustainable financially in countries where they do not benefit from government support. This paper, the first in a set of two, looks at some of the likely impacts of the COVID-19 crisis on Catholic Schools in developed countries with …

Covid-19 Crisis, Impacts On Catholic Schools, And Potential Responses: Introduction, Quentin Wodon

Journal of Catholic Education

The COVID-19 crisis has generated unprecedented challenges for Catholic schools and their students, as is the case for other school networks. First, school closures have affected 9 in 10 school-aged children globally, with risks for the children’s ability to learn when the schools are closed, and later return to school when the crisis subsides. Second, the economic recession generated by the crisis will not only affect children, but also in some cases the ability of Catholic and other private schools to maintain their enrollment, and thereby their financial sustainability, at least in countries where the schools do not benefit from …

Venezuela Undermines Gold Miner Crystallex's Attempts To Recover On Its Icsid Award, Sam Wesson

Loyola of Los Angeles International and Comparative Law Review

No abstract provided.

Given Today's New Wave Of Protectionsim, Is Antitrust Law The Last Hope For Preserving A Free Global Economy Or Another Nail In Free Trade's Coffin?, Allison Murray

Loyola of Los Angeles International and Comparative Law Review

No abstract provided.

Labor Market Effects Of U.S. Sick Pay Mandates, Nicolas R. Ziebarth, Stefan Pichler

Employment Research Newsletter

No abstract provided.

Eyes On The Money: How Realist Economic Policy Facilitates The Modern Surveillance State In The Usa And The Prc, Benjamin Warder

Channels: Where Disciplines Meet

This paper examines the manner in which the United States of America and the People’s Republic of China, as the world’s leading economic superpowers, pursue a generally realist international relations approach to maintaining and securing their bases of economic power, and how this purpose translates into the development and proliferation of Closed Circuit Television (CCTV) camera networks in major cities as a means of protecting those cities as economic hubs crucial to the national economy. Two research questions guide the paper. First, how does each state demonstrate realist policies in the process of securing economic centers and the overall protection …

Immigration Policy Today, Susan Pozo

Employment Research Newsletter

No abstract provided.

Migration From Mexico To The Us: The Impacts Of Nafta On Mexico And The United States And What To Do Going Forward, Ashley A. Elsasser

International Review of Business and Economics

Research indicates four main causes for migration from Mexico to the United States: Incredibly high crime rates, unemployment, poverty rates, and natural disasters. The first two are especially important in regards to trade between the two border sharing countries. Since agreeing to virtually total free trade, the United States has been able to take advantage of Mexico in such a way that has created further deterioration of the state. If the government of Mexico cannot resurrect the thousands of personal business that were effected do to NAFTA, the U.S. cannot expect for migration from Mexico to deteriorate or halt. By …

Collective Narcissism, Anti-Globalism, Brexit, Trump, And The Chinese Juggernaut, Russell Belk

Markets, Globalization & Development Review

Brexit and the election of Trump both relied on a particular type of nationalistic appeal to collective narcissism — an exaggerated emotional belief that the nation’s greatness is being undermined by other nations and other people. This tendency is catered to by appeals to make the nation great again by shutting borders and embracing isolationism while scapegoating refugees and immigrants. The rise of jingoistic leaders like Trump, Putin, and Erdogan can be explained by such appeals. But China, which has long suffered feelings of national humiliation is reacting in quite different ways that embrace globalism, even while rejecting multiculturalism. This …

The Current State Of Workers' Compensation: Benefit Adequacy, Return To Work, And Prevention, Marcus O. Dillender, H. Allan Hunt

Employment Research Newsletter

No abstract provided.

Modelling Public-Education Spending Vs. Allocation As Independent Factors Of Educational Outcomes, Kevin Tasley

Undergraduate Economic Review

This paper explores and expands upon the work of Hanushek and Wößmann (2007) whose accumulated findings propose increased educational spending provides only marginal returns in terms of student’s cognitive outcomes. This study constructs an OLS regression model to explore the significance of U.S. state education spending and financial allocations as independent factors of state-level average ACT scores over a 10-year time series. The model additionally accounts for self-selection and socio-economic status. The results of this study support Hanushek and Wößmann’s conclusions while also demonstrating evidence that shifts in allocations towards instructional spending, as opposed to increasing total expenditures, could have …

The Gold Standard: A Qualitative Framing Analysis Of Newspaper Coverage Of Golden Rice In The United States And Philippines, Taylor K. Ruth, Joy N. Rumble

Journal of International Agricultural and Extension Education

Vitamin A deficiency (VAD) is a major issue in developing countries and affects approximately 250 million children, and blinding 500,000 a year. A proposed intervention to VAD is Golden Rice, a rice that has been genetically modified (GM) to contain beta-carotene, the precursor to Vitamin A. However, Golden Rice is often associated with negatively perceived GM food. Because the media is the most trusted source in providing food-risk related information, a framing analysis of Golden Rice in United States and Philippine newspapers was conducted to determine past and current frames used to describe the rice. Understanding such frames could help …

Border Battles: The Influence Of Occupational Licensing On Interstate Migration, Morris M. Kleiner

Employment Research Newsletter

No abstract provided.

The Perception Of The Economy Influencing Public Opinion On Immigration Policy, Jeff Sanchez

e-Research: A Journal of Undergraduate Work

Does the majority express interest concerning immigration on the basis of perceived personal economic circumstance and security, or on the basis of its perception of the state of the national economy? This study explains how perception of the state of the economy influences opinion on immigration policy. This study finds that an individual's preferences for varying immigration policies are rooted in his or her perception of the state of the national economy, rather than being narrowly determined by his or her perception of their own economic circumstance and security.

Basel Iii And Credit Risk Measurement: Variations Among G20 Countries, Matt Schlickenmaier

San Diego International Law Journal

Most countries require banks to hold extra capital to protect against unforeseen financial calamities; banks with riskier loans must hold more capital than those with safer loans. Basel II, a set of international banking standards, allows banks to measure a loan’s risk in different ways: some banks make their own judgments; others use outside agencies. The recent mortgage crisis prompted banks to reevaluate these methods, in part due to banks having failed to perceive the high level of risk inherent in securitized mortgages. The international community’s response was Basel III, an updated version of its previous standards. This Comment will …

Part-Time And Short Hours In Retail In The United States, Canada, And Mexico: How Institutions Matter, Françoise Carré, Chris Tilly

Employment Research Newsletter

No abstract provided.

Skew Selection Theory Applied To The Wealth And Welfare Of Nations, Susan F. Allen, Deby L. Cassill

The Journal of Sociology & Social Welfare

According to skew selection theory, working citizens who build wealth and, at the same time, share portions of their wealth with those in need are more likely to survive economic downturns than citizens who hoard wealth. In this article, skew selection is employed as a theoreticalframework to support governmental efforts to develop social policies that protect the income of working citizens and, at the same time, provide for vulnerable, non-working children and elders. To illustrate its applicability, the social policies of Japan, Sweden and the United States-all of which are challenged by decaying ratios of working to non-working citizens-are compared …

May Roundtable: The Downfall Of Human Rights? Introduction

Human Rights & Human Welfare

An annotation of:

“The Downfall of Human Rights” by Joshua Kurlantzick. Newsweek. February 19, 2010.

Adaptive Policymaking: Evolving And Applying Emergent Solutions For U.S. Communications Policy, Richard S. Whitt

Federal Communications Law Journal

This Article presents some specific ways that U.S. policymakers should use teachings from the latest thinking in economics to create a conceptual framework in order to grapple with current controversies in communications law and regulation. First, it provides a brief overview of Emergence Economics, with an emphasis on the "rough formula" of emergence and the unique role of technological change in creating and furthering innovation and economic growth. Second, this paper explicates the general concept of "Adaptive Policymaking" by governments and includes some proposed guiding principles, an outline of the public policy design space, and an adaptive toolkit to be …

Oil. Changing Geopolitics Of Oil In Asia & The Usa, Jay Hein, John Clark, Robert Ebel, Dong Hyung Cha, Richard Lotspeich

New England Journal of Public Policy

One of the most important responsibilities the United States assumed following World War II was ensuring the stable flow of relatively inexpensive oil to the industrialized and industrializing countries of the world. A glance at a list of the top petroleum exporting countries shows that most of them are poor, have despotic governments, and experience frequent bouts of political instability and ideological extremism.

Globalization, Immigration And The Welfare State: A Cross-National Comparison, Qingwen Xu

The Journal of Sociology & Social Welfare

Over the past decades, the forces of globalization have helped created a huge wave of immigration. The relationship between globalization and immigration has been intensely examined in the last decade with a focus not only on whether and how much globalization has caused international immigration but also how to promote and sustain a just global system for the growing number of immigrants. This study selects three developed countries with different welfare state philosophies and traditions-Australia, Sweden and the United States-and compares how they cope with the growing number of immigrants and their various needs. This paper reflects thinking about states' …

Does Money Matter? By Laurence H. Meyer In Federal Reserve Bank Of St. Louis Review Sept./Oct. 2001: A Review, Gloria A. Joseph-Raji

Economic and Financial Review

The major objective of the paper was to assess the influence of money and the role of monetarism in shaping the current thinking about macroeconomic modeling and the conduct of Monetary Policy in the United States. The author opined that the monetarist idea that Monetary Policy has responsibility for inflation was now conventional wisdom.

The U.S.-Taiwan Free Trade Area Agreement: A Bridge For Economic Integration In The Asia-Pacific Region, Peter C.Y. Chow

Maryland Series in Contemporary Asian Studies

No abstract provided.