Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 4 of 4
Full-Text Articles in Social and Behavioral Sciences
Diagnosing The Roots Of Chinas Growth Miracle: An Examination Of Strategies That Have Most Influenced Chinas Economic Development In The Twenty-First Century, Katharine Manko
Honors Theses
There are significantly different views regarding what strategies underlie China’s economic growth and development in the past decade. An examination of these varied opinions will indicate the complexity of determining which strategies have been most conducive to China’s economic expansion. This paper will use data from several developing and developed countries along with an analysis of a number of strategies that economists and scholars have listed as aiding the economic growth process. The analysis of the scatter pot data will then be applied to China as a case study to determine which factors and strategies have been most conducive to …
The Twisting Fed: How Changing Open Market Operation Compositions Affect Long-Term Interest Rates And Subsequently Influence Capital Expenditures, Michael Owen Miller
The Twisting Fed: How Changing Open Market Operation Compositions Affect Long-Term Interest Rates And Subsequently Influence Capital Expenditures, Michael Owen Miller
Honors Theses
The Federal Reserve has been highly active in the past decade in its attempts to lower long-term interest rates and spur economic growth. This thesis will investigate how the Federal Reserve’s actions have influenced long-term Treasury yields and whether the manipulation of the long-term interest rate helps stimulate economic growth through capital investment. To examine how the Fed’s actions affect long-term yields we study the maturity composition of the Fed’s Open Market Operations (OMOs). As the trend of proportional purchases shift farther out along the yield curve, we expect the long-term interest rate to decrease. The impact of shifting long-term …
Effects Of Income Inequality On Economic Growth, Madelyn Degutis
Effects Of Income Inequality On Economic Growth, Madelyn Degutis
Honors Theses
Economic growth reflects the change in the overall well-being of a country and the standard of living of its population. It is important to understand what factors affect economic growth. This thesis hypothesizes that income inequality negatively affects growth. A country-level data set of 114 countries for 2000 and 2005 is used to estimate a growth model. The dependent variable, the five year average of economic growth per capita, is regressed on a set of standard factors (human capital, investment, and technology), institutional factors (political stability, corruption, and property rights), income inequality, and demographic factors (gender equality and racial diversity). …
Culture Macroeconomics Adjustments And Economic Growth, Schuyler R. Hooper
Culture Macroeconomics Adjustments And Economic Growth, Schuyler R. Hooper
Honors Theses
This paper argues that culture is the underlying determinant causing the delays and massive social costs sometimes seen as countries attempt to stabilize after experiencing external shocks. While there have been significant ties between culture and economic performance in the past, as in Tabellini (2008) and Licht et al. (2007), this paper argues that culture matters more during periods of disequilibrium than it does during times of equilibrium. The empirical methodology for this paper closely mirrors that of Rodrik (1999), in which he proposed that latent social conflicts and poor institutions of conflict management were the reasons for delayed adjustments …