Economics Commons^™

An Estimated New Keynesian Model For The Egyptian Economy, Dalia Elgebaly

Master's Theses

This paper aims to identify the drivers of Egypt’s aggregate macro fluctuations during the period 2002-2013. In particular, the paper will empirically investigate the effects of the unexpected shocks to consumers’ preference, cost-push, technology, and monetary policy on the dynamic behavior of output growth, inflation, and short-term nominal interest rate. The paper estimates a dynamic stochastic general equilibrium (DSGE) model with sticky prices for Egypt within a New Keynesian framework. The paper uses maximum likelihood, with quarterly data of key macroeconomic variables: GDP, inflation rate, and nominal interest rate from year 2002q1 until 2013q4. We have found that preferences shocks …

Income Inequality In America: Conclusions From 100 Years Of Income Tax Data And Cross-Country Comparisons, Noriel Campos

Master's Theses

In 1913, taxation of income was permanently introduced in the United States. Other similarly developed countries soon followed suit. From there, income inequality in the United States dropped significantly, and the decline in Europe was even more dramatic. First, this paper considers the changes over time of the share of national income gained by the top 1% of income earners in seven countries going back to World War Two. A second analysis considers the impact that tax policy may have had on the share of income accruing to the top 1% of U.S. income earners between 1980 and 2014, a …

Estimating Predictors Of Mental Well-Being Through Analysis Of Children’S Drawings: The Case Of Syrian Refugees, Stephanie Smith

Master's Theses

There are currently over 65 million individuals that have been forcibly displaced globally. The cumulative trauma that comes from the refugee experience and exposure to violence has proven to have long-term negative psychological outcomes and thus negative impacts on human capital in the long run. Given that over 50% percent of the global refugee population are children, the ability to efficiently and accurately assess their mental well-being is of critical importance. Using data from over 2000 refugee children in Jordan, I use machine learning techniques to find key predictors of psychological distress, PTSD, and exposure to violence found in children’s …

The Role Of High-Fructose Corn Syrup Imports In Child And Women Obesity, Anna Subirana Bofill

Master's Theses

High Fructose Corn Syrup is believed to be responsible for the increase of the obesity epidemic that is affecting both developed and developing countries, yet to date there are no rigorous analyses that quantify this effect. To estimate the impact of consumption of HFCS on obesity, I have paired country-specific data on imports of HFCS from the United Nations International Trade Statistics Database (UN Comtrade) with women and child health data from around 70 countries from 1985 to 2018. The results show that conditional on space and time fixed effects, imports of HFCS with a high concentration of fructose have …

Estimating Treatment Effect Heterogeneity In A Comprehensive Microenterprise Intervention, Mary Gathungu

Master's Theses

Do cash transfer programs have heterogeneous treatment effects within the treatment group? Why do some households in these interventions seem to benefit more than others? What is the overall treatment effect of the Microenterprise Intervention? I address these questions through the study of a comprehensive microenterprise intervention program carried out in Kenya, Africa by a non-profit organization called the Village Enterprise Organization and I obtain economic outcome data from a randomized control trial that gives out conditional cash transfer that is conditional on business formation. The Microenterprise Intervention combines cash grants and mentorship and training to achieve long term economic …

Regional Airlines, Benjamin Jones Jr.

Student Works

The airline industry plays a major role in the United States. Many passengers use air transportation as a major mode of traveling for business and personal. As the demand for traveling increased, pilot shortage has increased as well. A pilot shortage will devastate the economy and have a lasting effect that will be felt worldwide. However, sources predict that the United States will experience a sizable pilot shortage over the next few years. This paper will identify the reasons for the pilot shortage and discuss the devastating effects that the shortage has on the regional airline industry. In addition, this …

Agglomeration Economies: How “Y’Allywood” Became The New Hollywood, Joseph Dugan Walker

Honors Theses

Agglomeration economies have gained special attention in recent decades. With the increasing connectivity of our world, specialized regional economies are stronger now than ever before. A specific agglomeration economy that has developed in recent years is the Georgia Film Industry. This region surpassed Hollywood as the premier filming location for the first time since the early 1900s when New York was number one. This thesis analyzes the reasons why Georgia was so successful in attracting the film industry and encouraging its development by comparing infrastructure, film tax incentives, population, and labor development to that of competing states like New York, …

"Currency Is A Most Poisonous Tool": State Capitalism, Nonmarket Socialism, And The Elimination Of Money During The Cambodian Genocide, James A. Tyner

Genocide Studies and Prevention: An International Journal

Between 1975 and 1979, the Communist Party of Kampuchea sought to establish a non-monetary and non-market economy. In the process, however, upwards of 1.7 million men, women, and children perished. This paper provides a critical evaluation of the CPK’s decision to eliminate money in its attempt to transform Cambodia’s pre-revolutionary economy into a communist mode of production. First, I provide some general remarks on Marx, money, and markets; the purpose here is to establish a common foundation for readers, in order to properly assess Khmer Rouge monetary policies with those of orthodox reading of Marxism. Second, I position CPK macro-economic …

Female Labor Force Participation And Economic Growth: Granger Causality Test, Zulakha Rahman

Theses and Dissertations

Does rising female labor force participation precede economic growth, or does the relationship run in the other direction? This paper addresses this question by performing a Granger causality test to examine the relationship between economic growth and female labor force participation worldwide. The economic growth –is measured in two ways: using Growth Domestic Product, Purchasing Power Parity (constant 2011 international dollar) and Growth Domestic Product using local currency units. The test uses a completely balanced panel dataset spanning over 28 years from 1990 to 2018 and using 151 countries for Purchasing Power Parity dataset and 154 countries in GDP in …

Colonial Legacies And Institutional Legitimacy: Explaining Variation In State-Level Informal Economy Size, Makayla Barker

Political Science Honors Projects

Abstract: Why are some states’ economies more formal than others? This question has critical significance for policy-makers who endeavor to tap into the reservoir of tax revenue and entrepreneurship that informal economies contain. More importantly, large informal economies inhibit public good provision and perpetuate the impoverishment, marginaliza- tion, and political instability of select communities. Despite major variation in the size of informal economies across states, most scholarship on the informal economy concentrates only on the causes and consequences of the phenomenon, while neglecting to address its variation. This thesis builds on a canon of scholarship surrounding colonial legacies, new- institutional …

The Nebraska Economy Responds To The Covid-19 Pandemic, Eric Thompson

Business in Nebraska

The Nebraska economy will contract in 2020 but the rate of decline will not be as rapid as nationwide. The economic structure of Nebraska is more focused on production and transportation than the national economy and less focused on hard-hit industries such as hospitality, entertainment, automobile parts and assembly, and oil production. Nebraska also may benefit from a higher quality workforce, which is better able to adapt to changing economic conditions.

Employment will drop by 2.4% in Nebraska in 2020, much less than the national rate of decline. Employment will rebound by 2.0% in 2021 and 1.4% in 2022. With …

Returning To Complex Strategic Analysis: A Discussion On The Diminishing Window Of Opportunity For United States Nuclear Policy Preparation With Respect To China, Christopher Keith Giuliano

Graduate Theses/Dissertations

American upheaval over the Chinese technologically advanced strategic threat permeates throughout the government and political culture. The response to this fear is a somewhat nascent reactive U.S. policy toward China as it relates to strategic weapon systems. The U.S. currently is responding by attempting to revitalize an aging nuclear architecture, and re-prioritize strategic weapons in U.S. defense spending. However, U.S. policy must move beyond justifying nuclear weapons and requesting increased funding. What is necessary for this balance beyond an arms race is the intellectual prescription for the calculated employment or fielding of those arms.

Ultimately, this paper suggests the U.S. …

Cultivating Alternative Subsistence Farming Practices In Dangriga, Belize, Alexander Johnson

Economics Undergraduate Honors Theses

Subsistence farming, also referred to as backyard farming, is an important opportunity for families in areas of low economic status. Small scale poultry farming is another practice often used by families in similar situations because of the financial and nutritional benefits provided. By combining the two practices in a process where they each benefit from the other, a sustainable system can be created. The poultry-garden system can provide a source of food for the household and, if run effectively, supplemental income can be generated through the sale of excess poultry, eggs, or vegetation. This project attempted to take the concept …

The Effect Of Sex Of Firstborn Children On Fertility Preferences, Lauren Lamson

Master's Theses

Fertility rates around the world are falling at the same time that male-skewed sex ratios at birth are on the rise. The individual fertility choices people make contribute to this inverse relationship, exacerbating the problem of “missing women” as well as a number of other adverse social and economic effects. The decision to have a child is extremely complex. Distilling the interaction between fertility and sex compositional preferences, fertility levels, and gender norms is an important step toward understanding both the reproductive choices people make as well as the formation of fertility preferences. I use individual-level data from the Demographic …

Fertility Levels And Differentials In Malaysia, Evone Lim

Student Works (2020-2029)

The main objective of this paper is to examine the fertility differentials among women by selected socio-economic and demographic variables in Malaysia. Over the past 40 years, the fertility level in Malaysia has declined considerably due to social and economic changes and has been below the replacement level of 2.1 children since 2013. The problem of population aging in Malaysia rises due to the increasing people’s life expectancy and declining fertility rates. It is critical for Malaysian policymakers to have a deeper understanding of the factors influencing fertility behavior. The fifth series of the Malaysian Population and Family Survey (MPFS-5) …

Essays On Heterogeneous Large Panel Data Models, Ke Miao

Dissertations and Theses Collection (Open Access)

This dissertation consists of three papers which contribute to the estimation and inference theory of the heterogeneous large panel data models. The first chapter studies a panel threshold model with interactive fixed effects. The least-squares estimators in the shrinking-threshold-effect framework are explored. The inference theory on both slope coefficients and the threshold parameter is derived, and a test for the presence of the threshold effect is proposed. The second chapter considers the least-squares estimation of a panel structure threshold regression (PSTR) model, where parameters may exhibit latent group structures. Under some regularity conditions, the latent group structure can be correctly …

How Do Farmers Experience Agroecology In Rural Communities Of Northern Ecuador?, Neil Michael Ayala Ayala

Latin American Studies ETDs

Agroecology, a concept in continuous evolution embraces science, practice and sociopolitical aspects. Its meaning is gaining space of debate and global interest as an alternative for building sustainable food systems and resilient communities, not only from the environmental perspective, but from all the dimensions of sustainability. The Andes region is recognized for its agrodiversity and for its history of agricultural activity; nevertheless, the effects of unsustainable agricultural practices inspired in the principles of the so called “Green Revolution” are evident. Conventional agriculture has decreased the capacity of resilience of the agroecosystems and their associated communities. Agroecology is often perceived as …

Covid-19: Projected Job Loss In Mountain West States, Marie A. Falcone, Caitlin Saladino, William E. Brown

Economic Development & Workforce

This Fact Sheet highlights Mountain West data from the Economic Policy Institute (EPI) report titled, “States are projected to lose more jobs due to the coronavirus: 14 million jobs could be lost by summer.” The original data source provides figures on the estimated job loss from private sector employment in retail, leisure, and hospitality. This Fact Sheet examines the data for large metropolitan Mountain West states (including Arizona, Colorado, Nevada, New Mexico, and Utah) with projected job loss in the coming months due to the coronavirus.

Exchange Rate Regimes And Economic Growth, Amandarae Matthew

Undergraduate Theses

This paper explores the relationship between economic growth and exchange rate regimes among countries of lower income, lower middle income, upper middle income, and high-income countries. Countries must make careful consideration when choosing an exchange rate regime because each regime can have different long-term effects. A cross section pooled time series data will be used for a sample of 42 countries over the period of 2000-2018. Multiple models will examine the various relationships between types of exchange rate regimes, changes in exchange rate regimes, and economic growth. The components of the models being tested include political stability, change in terms …

Understanding The Economic Impact Of The Carolina Panthers Training Facility On Rock Hill, Jeremiah Hart

Showcase of Undergraduate Research and Creative Endeavors (SOURCE)

In June 2019, the construction of both a new training facility and headquarters for Charlotte’s largest sports franchise was announced. Rock Hill, South Carolina, was selected as the new site for the facilities. This decision was notable for a number of reasons: foremost, the number of new residents that would be drawn into the region via jobs created by the construction of the new facilities. In order to better understand the outcomes of the Panthers’ investment, this paper will examine similar investments in other locales by other professional sports teams. These include “The Star,” a facility constructed by the Dallas …

The Nuances Of Capital Controls In Economic Development: Argentina And Chile, Reagan A. Shane

Global Tides

In this paper, I analyze the ways that capital controls affect growth and economic development in developing countries and emerging market economies and use the historical evidence of Chile and Argentina to demonstrate how countries may experience the effects of capital controls in different proportions. I then review additional academic literature and historical evidence in Chile and Argentina to determine what factors seem to determine the success or failure of capital control strategies. I find two influential factors in the determination of whether implementation of capital controls helps or hurts economic growth and development. The first is whether capital controls …

Restructuring And Forgiveness In Financial Crises B: The Asian Crisis Of 1997, June Rhee, Andrew Metrick

Journal of Financial Crises

Asia’s economy, Thailand in particular, was booming when the financial crises hit in the 1990s. However, troubles were brewing underneath the seemingly buoyant economy. With a fragile financial system and ineffective domestic government responses to these troubles, an exchange rate crisis took over Thailand, and this crisis started a financial contagion in the neighboring countries. This case reviews the background and domestic government responses to contain the crisis, and the international intervention provided by the International Monetary Fund including the assistance and the required reforms accompanying the support.

Migration Of Millennials And Seniors In The Mountain West, Ashley Leclair, Mary Blankenship, Caitlin Saladino, William E. Brown

Demography

This Fact Sheet examines trends in intraregional migration of millennials and seniors since the Great Recession, with a focus on the Mountain West. The data presented were originally published in a report by the Brookings Institution, titled “How migration of millennials and seniors has shifted since the Great Recession.”

University Of North Florida: Measuring And Mapping The Footprint Of Growth Over Time, Cheyenne Black, Autumn Cummings, Caroline Howard, Monica Murray, Evelyn Thorpe, Chris Baynard

Showcase of Osprey Advancements in Research and Scholarship (SOARS)

This study analyzes remotely sensed aerial imagery in 5-7 year increments to determine land use change of the University of North Florida from 1970 to 2017. By geo-referencing, digitizing, and examining land-use data, we will map and measure the expansion of infrastructure as well as the loss of natural areas. We will compare the imagery of the original 1972 master plan to the current 2015-2025 master plan.

2019/2020 Lrsp: Lindsay M. Cutler, Lindsay M. Cutler

Library Research Scholars Program

The incidence rate of homelessness in the United States has been trending positively over the last decade. The Department of Housing and Urban Development attributes this growth primarily to the West-Coast. States in this region particularly responsible for the rise in rates have significantly large concentrations of both homelessness and high-paying innovation-sector jobs in major cities–known as superstars for the extreme demand to live there. Dispersion between higher and lower-income residents is noted to be significantly higher in superstar cities. In light of the recent interference of an unprecedented pandemic, COVID-19, economists predict a significant increase in the incidence rate …

The Impact Of American Economic Aid On Post-World War Ii Germany, Gabriella Barber, Emily T. Carlstrom

Senior Theses

This paper examines the state of Germany immediately after World War II, describing how the American government intervened in West German reconstruction. It analyzes three specific German companies that overcame hardship in the 1940s and 50s and have become powerhouses today. Additionally, an overview of the current German economy shows how the country is positioned as a world leader.

Research was conducted using literary print sources, scholarly internet databases, and a formal interview with Klaus Becker, Honorary Consul to Germany. He is a German-American businessman who has held roles in several non-political associations, including President of the Charlotte World Trade …

Does Trade Reduce Infant Mortality? Evidence From Sub-Saharan Africa, Pallavi Panda

School of Business

Trade can affect the development process of a country via various direct and indirect mechanisms. Empirically, it is difficult to identify causal effects, as trade is likely to be endogenous to other socio-economic factors that also affect development. To overcome this problem, this study uses a trade policy experiment called the African Growth and Opportunity Act (AGOA) which conferred many sub-Saharan African countries largely duty-free and quota-free access to US markets. Using retrospective birth histories from Demographic and Health Survey (DHS), I develop a large micro panel dataset that spans 30 sub-Saharan African countries and carry out a within-mother variation …

La Minería Del Litio En Salinas Grandes: Un Análisis De Diferentes Narrativas En Torno A La Extracción De Litio Desde 2010 Hasta El Presente / Lithium Mining In The Salinas Grandes: An Analysis Of Different Narratives Surrounding The Extraction Of Lithium From 2010 Until The Present, Sofia Perrotto

Independent Study Project (ISP) Collection

El litio ha ocupado una posición muy interesante y controvertida dentro del movimiento ambiental desde su descubrimiento en 2010. Entre los muchos usos de este metal precioso está la fabricación de baterías, que es un componente esencial para la transición hacia una "economía verde". Los vehículos eléctricos y las unidades de almacenamiento de energía que funcionan con baterías de litio son dos tecnologías importantes para este movimiento, y como resultado, la demanda de litio está aumentando en el mercado global. En las Salinas Grandes, la cuestión de la extracción de litio involucra a una variedad de actores que tienen diferentes …

Finding A “True Morocco:” How Tourists Change Moroccan Economies, Infrastructure And Cultures, Emily Federico

Independent Study Project (ISP) Collection

The overall purpose of this study was to research the effects of adventure tourism on rural towns and villages, notably their financial cultural and physical aspects. Issues such as the commodification of lived experiences in a post-colonial context will be examined. The study was conducted via interviews from hotel workers and guides in major tourist cities (Fes, Rabat and Merzouga). I found that most international tourists hailed from Western countries; thus, English or French were the primary languages used in the tourism business. Also, significant modes of craftsmanship that faced a cultural extinction, such as folk music, rugs, and pottery, …

Good Intentions, Mixed Results: Why Aid In Uganda Is Fragmented And What Can Be Done About It, Samuel D. Johnston

Independent Study Project (ISP) Collection

This paper examines the phenomenon of aid fragmentation and donor proliferation in Uganda. As the development cooperation landscape has become increasingly complex in recent years, there is significant interest in examining how this complexity, also called fragmentation, affects development outcomes in recipient countries. Specifically, this paper sets out to understand the driving forces behind aid fragmentation in Uganda, the recent trends in fragmentation and coordination, and potential pathways forward to address the problem.

Research for this paper came from a series of interviews with economic experts in Uganda, an exploratory study of quantitative indicators of fragmentation over the last decade, …