Economics Commons^™

Reading Between The Lines: The Influence Of Financial News On Investor Decision-Making, Kalia Noble

Honors College Theses

This thesis investigates how financial media narratives shape investor sentiment and short-term market behavior. Drawing on behavioral finance and narrative economics, it examines whether the framing and tone of market news correlate with intraday volatility in the S&P 500 and Dow Jones Industrial Average. By pairing quantitative price data with contemporaneous headlines from major outlets such as Bloomberg, Yahoo! Finance, and CNBC, the study shows that emotionally charged or speculative narratives are closely associated with sharp market swings, even when fundamentals remain unchanged. These findings highlight the influence of media framing on investor decision-making and underscore the importance of financial …

The Elements Necessary For A Successful Startup, Ciaran Mcgurran

Faculty Curated Undergraduate Works

This paper seeks to uncover what really goes into a startup company to get it off the ground, keep it afloat and growing, and mitigate competition through a case study focus on a software-aided investment-strategy building company. Through an interview of the founder and CEO of the case company as well as first-hand experience working in the company, this paper will seek to gain an understanding of the necessary elements and planning that must go into a startup company for it to have success. Additional online texts also provide supplementary general information on startups and how the planning process is …

The Artificial Intelligence (Ai) Economy In The Mountain West, 2025, Dre Boyd-Weatherly, Sean Curry, Krish Sharma, Kristian Thymianos, William E. Brown Jr.

Economic Development & Workforce

This fact sheet reports on the artificial intelligence (AI) readiness of five Mountain West metropolitan statistical areas (MSAs): Phoenix-Mesa-Chandler, AZ; Salt Lake City-Murray, UT; Denver-Aurora-Centennial, CO; Las Vegas-Henderson-North Las Vegas, NV; and Albuquerque, NM. Using data from the Brookings Institution's “Mapping the AI Economy” report, the MSAs are benchmarked based on their overall population, employment, talent, adoption, and innovation.

Finanse Cyfrowe: Tesserakt, Jakub Górka

Monografie/Monographs

Monografia przybliża sposób, w jaki technologie cyfrowe (m.in. sztuczna inteligencja, big data, blockchain, chmura obliczeniowa) oddziałują na usługi finansowe oraz wspierają rozwój innowacyjnych modeli biznesowych podmiotów świadczących usługi finansowe, oddziałują na struktury rynkowe czy transformują rynki finansowe oraz jakie generują konsekwencje społeczno-ekonomiczne.

Digital Finance: Tesseract

The monograph presents how digital technologies (i.e. artificial intelligence, big data, blockchain, cloud computing) affect financial services and support the development of innovative business models of financial service providers, influence market structures, transform financial markets, and generate socio-economic consequences.

The "Gray Tsunami": Aging Trends In East Texas, Manuel Reyes-Loya, Cecilia Cuellar, Pedro Gallardo-Toledo

Hibbs Outlook of East Texas

This report examines the “gray tsunami,” the rapid aging of the Baby Boomer generation, and its impact on East Texas. As more workers retire, the region faces a shrinking labor force and a growing elderly population, reflected in a higher old-age dependency ratio than state and national averages. These demographic changes may create challenges for businesses and public services but also open opportunities through workforce flexibility, delayed retirement, and improved planning for healthcare, housing, and transportation. The report emphasizes the importance of proactive strategies to help East Texas adapt to and benefit from this

Too Far, Too Costly, Too Complex: How Structural Factors Impact Women’S Mobile-Money Adoption And Business Investment In Sub-Sahara Africa, Iyabo A. Olanrele Dr

Bullion

This study investigates how structural factors shape women’s adoption of mobile-money services and access to credit for entrepreneurship across Sub-Sahara Africa. Using cross-country data from the 2025 Global Findex Database, the analysis demonstrates that women face disproportionately higher barriers than men. Long distances to mobile-money agents significantly reduce women’s likelihood of borrowing, while men’s borrowing is less affected. High service and transaction fees further constrain women, reflecting their lower and more irregular incomes, and liquidity limitations prevent many from maintaining active accounts. Documentation requirements, though partially mitigated by improved national ID systems and tiered Know-Your-Customer (KYC) rules, remain a secondary …

The Bandwagon Model, Dean A. Williams

All Dissertations

Professional sports teams are in the entertainment market where owners of teams invest in players with the hopes of converting their talents into wins, and in turn, added revenues for their team. To gain an understanding of the incentives that shape these team talent investment decisions, prior economists have created theoretical models of professional sports leagues that give predictions regarding the cost to acquire talent, and the winning percentage of teams from different market sizes. These models are then used to show how team talent investment decisions change once professional sports leagues implement policies such as first-year player drafts, salary …

What Do Americans Think About Federal Tax Options To Support Transportation? Results From Year Sixteen Of A National Survey, Asha Weinstein Agrawal, Hilary Nixon

Mineta Transportation Institute

This report summarizes the results from the sixteenth year of a national public opinion survey asking U.S. adults questions related to their views on federal transportation taxes. A nationally representative sample of 2,539 respondents completed the online survey from February 3 to February 27, 2025. The questions test public opinions about raising the federal gas tax rate, replacing the federal gas tax with a new mileage fee, and imposing a mileage fee just on commercial travel. In addition to asking directly about support for these tax options, the survey collected data on respondents’ views on the quality of their local …

Is Complexity Virtuous?, Ryan Elmore, Jack Strauss

Business Information and Analytics: Faculty Scholarship

(Kelly et al., 2024) show that increasing complexity in linear models, with potentially thousands of predictors, is "virtuous". Their work contradicts the dogma of model selection, including the Principles of Parsimony and Occam's Razor. They find that when the number of predictors far exceeds the number of observations, the bias-variance trade-off breaks down, the variance declines, and the Sharpe ratio increases. In the context of ridge regression, we find that very high complexity coupled with large penalty terms (excessive shrinkage) generate forecasts that converge to a rolling window of past returns. For example, we show the past twelve-month moving average …

Financial Safety Nets, Bank Risk And Depositor Behaviour In Central And Eastern Europe, Dorota Skała

Journal of Banking and Financial Economics

We studied expansions in financial safety nets and their relation to bank risk and depositor behaviour in Central and Eastern Europe, using time-varying regulatory data. In general, we find that stronger deposit insurance and state aid granted to banks are linked with both bank risk and depositor behaviour. However, these relations critically depend on whether safety net instruments are used separately or simultaneously. When deposit insurance is strengthened or state aid is granted, we confirm the standard moral hazard behaviour of banks visible in higher bank risk. In parallel, we observe more elevated deposit growth, implying lower market discipline. Conversely, …

Connectedness Of Uncertainty, Volatility, And Stock Market Performance, Szczepan Urjasz

Journal of Banking and Financial Economics

This study examines the dynamic connectedness and spillover effects among various financial and economic indicators, including uncertainty indices, market volatility, and stock market indices, from 3 June 2008, to 30 December 2024. This interconnectedness implies that shocks originating in one market or asset class can rapidly transmit to others, underscoring the potential for systemic risk and financial contagion. The US emerges as a significant net transmitter of influence within the global financial system, with the VIX playing a crucial role in influencing global financial conditions. Major European equity markets also transmit influence, while the Geopolitical Risk Index (GRI) and the …

A Capital Idea? The Welfare Effects Of Relocating Indonesia’S Government To A New City, Alexander D. Rothenberg, Radine Rafols, Yao Wang, Yi Jiang

Center for Policy Research

Many developing countries are planning to create new capital cities, a place-making policy designed to alleviate congestion and respond to climate change. To evaluate growth and welfare effects, we specify a dynamic quantitative spatial model with public employment, informality, fiscal transfers, and frictions in trade and migration. We calibrate the model with data from Indonesia and conduct policy experiments studying the creation of Nusantara in East Kalimantan. Despite increasing employment in the new capital region, we find that building Nusantara reduces national growth and welfare. Climate change attenuates its negative welfare effects, but only slightly.

The Future Of Kashf, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

Let me begin by congratulating KASHF for completing a landmark in its history i.e ten years of impressive performance. The vision, energetic leadership and dedication of the founder of KASHF – Roshaneh Zafar have turned an idea into a living and thriving entity. More than anybody else she deserves our gratitude and appreciation for an excellent job done. I also would like to commend the Board, the staff and the clients of KASHF on this occasion. I am also delighted that Prof. Yunus, the founder and visionary of microcredit has joined us today for this celebration. I consider him as …

An Analysis Of The Banks’ Write-Offs 1999–2003, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

I would like to thank the Institute of Bankers, Pakistan for inviting me to this auspicious occasion of the Annual Prize Award Ceremony. Let me offer my sincere felicitations to those of you who have won distinctions, awards and prizes. I would hasten to add that you should consider this as a beginning of a long journey towards professional growth and accomplishments. Those who will make a commitment to acquiring skills and knowledge throughout their careers will have nothing to fear about – but those who become complacent or rest on the laurels they have achieved by obtaining degrees and …

Marketing Pakistan’S Image, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

People buy brands, not products. That is the age-old, established fact supported by extensive research that every marketer worth his or her salt would always stand by. The interesting thing is that these days, development and pursuance of a successful brand strategy is no longer the sole domain of corporate entities alone, but has seen a cross-over to politics and Governments also. Indeed, many Government now endeavor to transform themselves and operate as corporate entities. Malaysia Inc. is one example. So branding is the key to success. Having said that, the marketers in this audience will vouch that branding is …

Seminar/Exhibition On Technological Innovation In The Financial Sector, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

I would like to thank the Sindh Government, CSP and PASHA for inviting me to this Seminar/Exhibition on Technological Innovation in the Financial Sector. I commend all the Organizers of this event for taking this initiative and exposing the public at large to the progress we have made so far in this field. I am glad that the CSP is working on Certification and Accreditation of IT Professionals because this will sift the real professionals from the crowd. This morning, I will walk you through the considerable headway the Financial Services Industry has made during the last three years.

Preparing For The Artificial Intelligence (Ai) Economy In The Mountain West, 2025, Kian Parikh, Taylor Volk, Maisoon Faris, Kristian Thymianos, William E. Brown Jr.

Economic Development & Workforce

This fact sheet presents data from the Brainly report, “Here Are the States Most (and Least) Prepared to Win the AI Race in 2025” for the five Mountain West states of Arizona, Colorado, New Mexico, Nevada, and Utah. This fact sheet highlights the national and individual rankings of four key metrics for each Mountain West state: the fixed percentage of businesses using artificial intelligence (AI); the number of AI jobs per 1,000 workers; the number of AI-related degrees per 10,000 people ages 20-24; and federal funding for small business technology innovation per $1 million of gross domestic product (GDP).

At The Crossroads: Ryan Coogler’S Metaphysical Meditation On Blues Music’S Power Of Salvation And The Terror Of Racial Predation In “Sinners”, Terri Bowles

Markets, Globalization & Development Review

In Sinners (2025), written and directed by Ryan Coogler, intercultural histories of music, religion and oral tradition inform a modern and complex horror tale confronting the terror of Jim Crow in the post–World War I Mississippi Delta. The film, starring frequent Coogler collaborator and muse Michael B. Jordan as twin war veterans out to reestablish their lives as juke joint owners, coalesces themes of economic repression, racial voyeurism, and secular and religious entanglements with cinematic horror allegories of objectification, consumption and possession. This review explores the film’s tense and violent examination of these themes and the lived and imagined spaces …

A Time Of Transition: Globally And At Mgdr, Nikhilesh Dholakia, Deniz Atik, Zeynep Ozdamar Ertekin, Delphine Godefroit-Winkel

Markets, Globalization & Development Review

No abstract provided.

Exploring The Bank Lending Channel: How Bank Characteristics Shape Monetary Policy Effectiveness, Filip Świtała

Journal of Banking and Financial Economics

This paper examines how individual bank characteristics influence the transmission of monetary policy through the bank lending channel. Using panel data and a Fixed Effects model validated by the Hausman test, the author analyses how bank size, capitalization, profitability and asset quality affect responses to monetary tightening. The study highlights the importance of inter-bank differences in shaping monetary policy effectiveness and offers insights for regulatory frameworks and macroprudential policies aimed at strengthening financial stability.

5th International Annual Conference Proceedings: A New Global Order, Yet Again, Centre For Business And Economic Research (Cber), School Of Economics And Social Sciences (Sess)

Conference Proceedings

The School of Economics and Social Sciences (SESS) and the Center for Business and Economics Research (CBER) at the Institute of Business Administration (IBA), Karachi, are pleased to announce the 5th International Annual Conference on "A New Global Order, Yet Again" In an era marked by geopolitical realignments, technological innovations, green transitions, climate change, and evolving trade dynamics, the global economic landscape is undergoing an unprecedented transformation. Developing economies today face multifaceted challenges: leveraging new opportunities in a decentralized global system while managing debt insolvency risk, uncertainties in international trade, climate change vulnerabilities, and rising socioeconomic inequality.

This conference seeks …

Decarbonizing China's Economy: Empirical Insights On Policy Stringency, Industrial Transformation, And Green Innovation, Saqib Munir

Arab Economic and Business Journal

China, the world’s largest greenhouse gas emitter, grapples with aligning economic growth with its 2030 carbon peak and 2060 neutrality goals, yet the combined impact of policy stringency, industrial transformation, and green innovation on carbon intensity remains insufficiently understood. This study examined the drivers of carbon intensity in China from 1999 to 2023, analysing how policy stringency, industrial restructuring, green innovation, renewable energy, foreign direct investment, urbanization, and energy efficiency interact. Using World Bank, we applied econometric techniques like ARDL, FMOLS, and variance decomposition to capture dynamic relationships and address endogeneity. Results confirm that stringent policies and shifts from heavy …

Convocation Address At Indus Valley School (Ivs), Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

Dr. Ishrat Husain delivered the convocation address at the Indus Valley School of Art and Architecture (IVS) for the graduating class of 2018. He congratulated the graduates on their achievements and reflected on the importance of self-awareness, social responsibility, and the pursuit of a meaningful life. The address emphasized IVS’s enduring vision of nurturing good human beings and creative leaders dedicated to positive social change.

Pakistan’S Growth Experience, 1947–2007, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

Pakistan’s growth experience over the past sixty years is both impressive and disappointing. It is impressive because rapid growth rate has resulted in a quadrupling of per capita incomes and reduction in poverty levels by one half despite fairly high population growth. Structural changes have transformed a predominantly agrarian economy to a more diversified production structure. Manufactures account for 80 percent of the country’s exports. But there is a sense of disappointment too. Social indicators are among the worst in developing countries. Pakistan ranks 134th among 177 countries in Human Development Index. Income Inequalities, Rural Urban disparities and Gender differentials …

Investigating The Relationship Between Noun Classes And Plant Folk Taxonomy In Chasu Language Of Kilimanjaro Region In Tanzania, Peter Rabson Mziray

Journal of Humanities and Social Sciences

The current study investigates the relationship between noun classes and plant folk taxonomy in Chasu (G 22). The study focuses on two objectives: the first objective is to describe the plant folk taxonomy in Chasu and the second objective is to determine the relationship between noun classes and plant folk taxonomy in Chasu. Data were collected from rural villages in Same and Mwanga districts by using free listing, field interviews (jungle-walk-and-identify), and written texts containing Chasu plant names. The findings reveal that Chasu folk taxonomy reflects different ethnobotanical categories; including a unique beginner which is mmea/mimea ‘plant(s)’, and three life …

Identifying Effective Corporate Financial Strategies For Overcoming Economic Shocks: A Literature Review, Selvi Permata Groda, Muazila Norisnita

Jurnal Administrasi Bisnis Terapan

The current era of heightened global economic uncertainty necessitates a thorough understanding of corporate financial strategies that enable firms to weather economic shocks. This literature review systematically identifies and analyzes financial strategies and practices that have demonstrated effectiveness in mitigating the negative impacts of events such as geopolitical instability. The methodology involves a comprehensive synthesis of existing scholarly articles focusing on corporate finance responses to global economic volatility. This study examines strategies related to funding, capital structure, cash management, and investment, evaluating their success in fostering financial resilience. Furthermore, the review integrates relevant financial theories, including the pecking order, trade-off, …

Can Limited Partners Mitigate Negative Externalities In Private Equity?, Teodor Duevski, Chhavi Rastogi, Tianhao Yao

Sim Kee Boon Institute for Financial Economics

We show how Limited Partners' (LPs) environmental and social (E&S) concerns transmit to private equity (PE) rms through capital supply. E&S incidents in portfolio companies reduce PE fundraising, as E&S-concerned relationship LPs refrain from recommitting and are not easily substituted. Using a legal reform that expands E&S-concerned public pension capital to PE, we causally show that PE rms internalise LPs' E&S concerns, reducing dirty sector portfolio allocation and increasing ESG hiring. Additionally, PE rms with E&S- concerned relationship LPs engage with portfolio companies to manage E&S risks. Limited capital substitutability enables LPs to delegate E&S preferences, shaping PE allocation and …

Beyond The Budget: Financial Literacy In Tyler, Tx, Manuel Reyes-Loya, Cecilia Cuellar, Sara Maldonado

Hibbs Brief

In this issue of the Hibbs Brief, the importance of financial literacy in Tyler, Texas is explored as a key factor influencing household decision-making and community resilience. The brief discusses how gaps in financial knowledge and access — including budgeting, saving, borrowing, and digital financial tools — affect people's ability to build stability, with lower financial literacy linked to higher debt and limited opportunities for long‑term financial success. It emphasizes the need for expanded financial education and resources to strengthen individual financial capability and support regional economic well-being.

Unlocking Private Equity Investing, Yin Wang, Steve Balaban

Asian Management Insights

Myths and market shifts to take note of.

How Fair Workweek Laws Affect Labor Markets: A New York City Case Study, Joseph Pickens, Aaron Sojourner

Employment Research Newsletter

No abstract provided.