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Full-Text Articles in Social and Behavioral Sciences
Wto Accession: What's In It For Russia?, Abdur Chowdhury
Wto Accession: What's In It For Russia?, Abdur Chowdhury
Economics Faculty Research and Publications
Prospects for Russia’s membership in the WTO now look better than any point since accession negotiations began almost a decade ago. Good progress with economic and legal reforms within Russia has left the country’s economy better prepared for membership. Nevertheless, the economy still suffers from various weaknesses including, but not limited to, pervasive subsidies for different sectors, lack of liberalization and foreign participation especially in the service sector, inefficiency in custom administration, lack of enforcement of intellectual property rights, etc. For all their sensitivity, the negotiations on the import tariff levels and access to the service sectors are the least …
The Relationship Between Religious Affiliation, Region, Race, And Attitudes Toward Globalization, Marc Von Der Ruhr, Joseph P. Daniels
The Relationship Between Religious Affiliation, Region, Race, And Attitudes Toward Globalization, Marc Von Der Ruhr, Joseph P. Daniels
Economics Faculty Research and Publications
No abstract provided.
Risk, Discounting, And The Present Value Of Future Earnings, Brian Brush
Risk, Discounting, And The Present Value Of Future Earnings, Brian Brush
Economics Faculty Research and Publications
No abstract provided.
Openness, Growth, And Development: Evidence From A Panel Of Developing Countries, Farrokh Nourzad, Jennifer J. Powell
Openness, Growth, And Development: Evidence From A Panel Of Developing Countries, Farrokh Nourzad, Jennifer J. Powell
Economics Faculty Research and Publications
This paper examines the interaction between openness, growth, and development using a panel of forty-seven developing countries and five-year averages for the period, 1965-1990. Its primary objective is to determine whether there is a direct link between the level of development and openness, while controlling for the indirect effect of openness through its impact on economic growth. Using a two-equation simultaneous-equations model of development and growth and three alternative measures of openness, our findings suggest that openness has a positive influence on both economic growth and human development. We also find that while economic growth makes a positive contribution to …
The Determinants Of Immigration-Policy Preferences In Advanced Economies: A Cross-Country Study, Joseph P. Daniels, Marc Von Der Ruhr
The Determinants Of Immigration-Policy Preferences In Advanced Economies: A Cross-Country Study, Joseph P. Daniels, Marc Von Der Ruhr
Economics Faculty Research and Publications
This paper employs survey data to examine the determinants of immigration-policy preferences among ten advanced economies. Ordered probit specifications suggest that skill level is a robust determinant of immigration-policy preferences and that less-skilled workers are more likely to express a preference for policies that restrict immigration. The results also suggest that older individuals, members of trade unions, and those who classify their political ideology as conservative are more likely to favor limiting immigration while non-citizens are less likely to favor such policies. Individual country-level regression results vary, in particular with regard to the influence of trade union member- ship, which …
The Long-Run Behavior And Short-Run Dynamics Of Private Savings In Morocco, Mina Baliamoune-Lutz, Abdur Chowdhury
The Long-Run Behavior And Short-Run Dynamics Of Private Savings In Morocco, Mina Baliamoune-Lutz, Abdur Chowdhury
Economics Faculty Research and Publications
The paper examines the trend in private savings in Morocco in the presence of financial sector development by utilizing a cointegration and error-correction modeling framework. Specifically, the hypothesis that there is stable relationship between the level of private savings and its determinants including a measure of financial reform is investigated. The statistical results provide evidence in favor of a long-run relationship between private savings and most of its determinants. More importantly, the financial reform index, as measured by financial depth, is found to have a positive impact on the level of private savings. This indicates that the financial reform program …
Currency Substitution, Seigniorage, And Currency Crises In Interdependent Economies, Joseph P. Daniels, David D. Vanhoose
Currency Substitution, Seigniorage, And Currency Crises In Interdependent Economies, Joseph P. Daniels, David D. Vanhoose
Economics Faculty Research and Publications
This paper applies a two-country framework that allows for currency substitution in an environment in which policymakers optimally vary interest rates in light of utility-based objectives, one country pegs the value of its currency to the other nation’s currency, and government revenue is generated via explicit taxes and seigniorage. The analysis illustrates the roles that currency substitution, currency preferences, and efficiency of tax systems play in contributing to the likelihood of a “run” on one nation’s currency. We explore how these factors interact to influence the probability of a currency crisis in the country that fixes its exchange rate.
Reforming Russia's Educational System, Abdur Chowdhury
Reforming Russia's Educational System, Abdur Chowdhury
Economics Faculty Research and Publications
No abstract provided.
Do Asymmetric Terms Of Trade Shocks Affect Private Savings In A Transition Economy?, Abdur Chowdhury
Do Asymmetric Terms Of Trade Shocks Affect Private Savings In A Transition Economy?, Abdur Chowdhury
Economics Faculty Research and Publications
This paper examines whether terms of trade shocks have an asymmetric effect on private savings in transition economies. A simple three-period framework is developed to show that, in the presence of binding credit constraints in bad states of nature, savings rates can be sensitive to favorable movements in the permanent component of the terms of trade. This result contrasts with the prediction of the conventional consumption-smoothing model. Empirical analysis with a dynamic panel model further confirms that while favorable movements in the permanent component of the terms of trade have an asymmetric effect on private savings, the magnitude of the …
Transnational Corporations: Dynamic Structures, Strategies, And Processes, John B. Davis
Transnational Corporations: Dynamic Structures, Strategies, And Processes, John B. Davis
Economics Faculty Research and Publications
No abstract provided.