Economics Commons^™

Father Death And Adult Success Among The Tsimane: Implications For Marriage And Divorce, Jeffrey Winking, Michael Gurven, Hillard Kaplan

ESI Publications

Human fathers are heavily involved in the rearing of children around the world. While there is great cross-cultural variation, the father is a recognizable role in all populations. This deviates from the standard mammalian pattern of little paternal investment. A logical explanation offered early by evolutionary theorists is that human fathers evolved the capacity for paternal concern because human children are remarkably needy and impose a great encumbrance on the mother (Lancaster & Lancaster, 1983; Lovejoy, 1981). Thus, fathers have greater opportunity to enhance the wellbeing of child and mother, as there is a deeper well of need to fill. …

Factors Of Environmental Sustainability For Africa, Asia, And Latin America, Jacob Converse

Political Science Theses and Capstones

This study incorporates and analyzes several theories in regards to what causes countries to perform in an environmentally sustainable manner. This has been and is becoming an increasingly important and debated topic due to the ever increasing interest and concern about global environmental challenges. This issue has been examined through a variety of different lenses including economic, socio-political, and geographical perspectives and they have an assortment of results. One such existing finding suggests that the best way to improve a country’s environmental sustainability is to first focus on improving the gross domestic product which will eventually allow changes to take …

Decomposing The Changes Of The Divisia Price Index: Application To Inflation In The Philippines, Tomoki Fujii

Research Collection School Of Economics

We propose a method to decompose the logarithmic change of the Divisia price index into the pure price effect, the preference effect and the substitution effect. Our empirical results in the Philippines shows the effects of preference change on the Divisia price index are heterogeneous but positive across all regions and income deciles. However, they are dominated by the pure price effect.

Products Of Their Environment? Nuclear Proliferation And The Emerging Multipolar International System, Jonathan David Moore

Electronic Theses and Dissertations

The world is shifting from a unipolar system following the end of the Cold War to a multipolar system that is ushered in by "the rise of the rest." This change in the global structure has led some analysts to predict an increase in nuclear weapons proliferation caused by increased uncertainty and a decrease in alliances and security assurances. Nuclear proliferation, however, will not increase because these types of predictions are founded upon realist assumptions that inaccurately predict the characteristics of the emerging multipolar system as well as inaccurately understanding calculations of states with regard to nuclear weapons programs. I …

No. 54: Medical Xenophobia: Zimbabwean Access To Health Services In South Africa, Jonathan Crush, Godfrey Tawodzera

Southern African Migration Programme

Medical xenophobia refers to the negative attitudes and practices of health sector professionals and employees towards migrants and refugees on the job. There is considerable evidence that many officials (especially the police, home affairs officials, refugee determination officers and customs agents) bring xenophobic attitudes with them when they come to work. Those in the “helping professions” (such as teachers, social workers and health care professionals) also come into contact with migrants and refugees in the course of their jobs. They have the power to withhold services and they can certainly influence the way in which those services are delivered. This …

Institutions, The Rise Of Commerce And The Persistence Of Laws: Interest Restrictions In Islam And Christianity, Jared Rubin

Economics Faculty Articles and Research

Why was economic development retarded in the Middle East relative to Western Europe, despite the Middle East being far ahead for centuries? A theoretical model inspired and substantiated by the history of interest restrictions suggests that this outcome emanates in part from the greater degree to which early Islamic political authorities derived legitimacy from religious authorities. This entailed a feedback mechanism in Europe in which the rise of commerce led to the relaxation of interest restrictions while also diminishing the Church's ability to legitimise political authorities. These interactions did not occur in the Islamic world despite equally amenable economic conditions.

No. 56: Right To The Classroom: Educational Barriers For Zimbabweans In South Africa, Jonathan Crush, Godfrey Tawodzera

Southern African Migration Programme

This report examines the obstacles to access by Zimbabwean children and students to schools and tertiary institutions in South Africa. There is a common assumption in South Africa that these children and students have no right to an educa­tion in South Africa. In fact, this view contravenes various international human rights conventions to which South Africa is a signatory. At the regional level, it is inconsistent with the SADC Education Protocol. At the national level, it violates the South African Constitution as well as legislation and stated government policies concerning the access of all children in the country to education. …

No. 55: The Engagement Of The Zimbabwean Medical Diaspora, Abel Chikanda

Southern African Migration Programme

Despite the well-documented negative impacts of the ‘brain drain’ of health professionals from Africa, there is an argu­ment that their departure is not an absolute loss and that transnationally-oriented medical migrants (or diasporas) can act as development agents in their home countries. Financial remittances, in particular, are said to have significant transformative development potential. African countries are also expected to benefit from knowledge and skills transfer through the return of health professionals from abroad. Other diaspora engagement initiatives that do not require permanent return (such as short term work assignments, technological transfer to country of origin and ‘virtual’ participation of …

Economic Development Under Dominant-Party Regimes, Christopher J. Gorud

Honors Theses

Case studies of economic development in Japan, Mexico, India, and Kenya examine the relationship between dominant-party regimes and developmental outcomes. This paper studies the variables of bureaucratic coherence and cohesion, corporatism, labor relations, and national developmentism as contributing factors to developmental success or failure in these states.

Beyond The American Dream : Tales Of Hispanic Mutimillionaires Who Rose Above Poverty After Immigrating To The United States, Ricardo Norton

Dissertations

Problem. A review of the literature on Hispanics reveals the absence of academic studies on the conditions and life experiences that helped poor Hispanic immigrants become multimillionaires after arriving to the U.S. at 18 years of age and older and without conversational English. Most Hispanic immigrants live in poverty right after arriving to the U.S. and only a few become multimillionaires. A study on how they rose above poverty has the potential to uncovering useful information for other poor immigrants who are still looking who seek financial success. Such study will also add to the larger body of literature information …

Democratic Strength And Terrorism: An Economic Approach, Brian P. Winter

CMC Senior Theses

There has been much literature about the economic effects of terrorism in democratic countries, but this literature often considers democracy to be a binary variable. This paper sought to explore how the effects might differ depending on the strength of a democracy. In the end, I found that the numbers of attacks and the effects of those attacks do not follow a linear path. The results for autocracies and anocracies require further analysis, but democracies have revealed interesting results. It seems that democracies as a whole have more terrorist attacks, but, within this group, the more democratic a country is …

Has The Franco-German Power Balance In The European Union Tipped In Favor Of Germany?, Stephanie C. Haffner

CMC Senior Theses

The power balance between France and Germany in the European Union has been one of great discussion and debate. Countless journalists and scholars have argued that Germany’s power has risen gradually against the seemingly perpetually stronger France over the past sixty years, and is now finally set to surpass France; but how true are these claims? How can power within the EU truly be measured? Through an analysis of Franco-German collaboration through unionization, a critique of the contemporary discourse on the relationship, and an examination of changing contributions to the EU budget, my paper argues that the Franco-German power balance …

Analysis Of Singapore's Foreign Exchange Market Microstructure, Chee Wai Wan

Dissertations and Theses Collection (Open Access)

This paper analyses the Singapore foreign exchange market from a microstructure approach. Specifically, by applying and modifying the empirical methodology designed by Bollerslev and Melvin (1994), we examine the relationship between bid-ask spreads and the underlying volatility of the USD/SGD. Our data set comprises high-frequency USD/SGD tick data of three separate years (April-June 1989, April-May 2006, April-May 2009). We found that for the USD/SGD: i) the size of bid-ask spreads are positively related to the underlying exchange rate volatility; ii) the magnitude of the dependence on underlying volatility increases as tick volume increases; and iii) the size of the bid-ask …

Monetary Policy In Singapore And The Global Financial Crisis, Hwee Kwan Chow, Peter Wilson

Research Collection School Of Economics

Prior to the crisis the consensus amongst central bankers in advanced economies was that price stability, in the form of low and stable price inflation, was a top priority for monetary policy and could best be achieved by targeting interest rates (usually overnight) or monetary aggregates, such as Narrow Money (M1) and Broad Money (M2). Liquidity in the banking system could be flexibly adjusted on a daily basis through open market operations to increase or decrease the monetary base which would be transmitted to the rest of the economy through financial intermediation. Financial markets would then adjust longer-term interest rates …

Economic Transition, Higher Education And Worker Productivity In China, Belton Fleisher, Yifan Yu, Haizheng Li, Seonghoon Kim

Research Collection School Of Economics

We investigate the role of education on worker productivity and firms' total factor productivity using a panel of firm-level data from China. We estimate the returns to education by calculating the marginal productivity of workers of different education levels based on estimates of the firm-level production function. We also estimate how the education level of workers and CEO contributes to firms' total factor productivity. Estimated marginal products are much higher than wages, and the gap is larger for highly educated workers. Our estimate shows that an additional year of schooling raises marginal product by 30.1%, and that CEO's education increases …

Impact Of Remittances On Schooling In The Philippines: Does The Relationship To The Household Head Matter?, Tomoki Fujii

Research Collection School Of Economics

The remittance have emerged as one of the most important sources of international flows. In the Philippines, the amount of remittance receipts has more than doubled over a decade since early 1990s. As a result, the way remittances are used has become extremely important for economic development. Unlike the previous studies, we allow for the potential heterogeneity in the impact of remittances across various relationships to the head of household and take into account the potential negative effects of being guarded by someone other than the parents. We find that the impact of remittances on schooling is generally positive and …

Economic Size And The Changing International Political Economy Of Trade: The Development Of Western Hemispheric Ftas, Gaspare Genna

Selected Works Temporary Series

Why are some free trade agreements (FTAs) in the western hemisphere successfully negotiated and implemented while others seem to stagnate during negotiations? FTAs are more likely to develop when there is an asymmetrical power relationship and potential partners are satisfied with projected trade patterns. The European Union (EU) and United States have been successful in negotiating agreements with the Caribbean and Central American (CCA) countries. However, current bilateral and multilateral trade talks between the EU, the Common Market of the South (MERCOSUR), and United States are at a standstill. Although all four sets of trade negotiations include dissatisfactory conditions for …

Economic Size And The Changing International Political Economy Of Trade: The Development Of Western Hemispheric Ftas, Gaspare Genna

Departmental Papers (PS)

Why are some free trade agreements (FTAs) in the western hemisphere successfully negotiated and implemented while others seem to stagnate during negotiations? FTAs are more likely to develop when there is an asymmetrical power relationship and potential partners are satisfied with projected trade patterns. The European Union (EU) and United States have been successful in negotiating agreements with the Caribbean and Central American (CCA) countries. However, current bilateral and multilateral trade talks between the EU, the Common Market of the South (MERCOSUR), and United States are at a standstill. Although all four sets of trade negotiations include dissatisfactory conditions for …

Need Singapore Fear Floating? A Dsge-Var Approach, Hwee Kwan Chow, Paul D. Mcnelis

Research Collection School Of Economics

This paper uses a DSGE-VAR model to examine the managed exchange-rate system at work in Singapore and asks if the country has any reason to fear floating the exchange rate with a Taylor rule inflation-targeting mechanism that uses the short term interest rate instead of the exchange rate as the benchmark monetary policy instrument. Our simulation results show that the use of a more flexible exchange rate system will reduce volatility in inflation and investment but consumption volatility will increase. Overall, there are neither signi…cant welfare gains or losses in the regime shift. Given the highly open and trade …

Micro-Level Estimation Of Child Undernutrition Indicators In Cambodia, Tomoki Fujii

Research Collection School Of Economics

One major limitation to addressing child undernutrition is a lack of the information required to target resources. This article extends the small-area estimation technique of Elbers, Lanjouw, and Lanjouw (2002, 2003) to jointly estimate multiple equations while allowing for individual-specific random errors across equations (in addition to cluster- and household-specific random errors). Estimates of the prevalence of stunting and underweight for children under age 5 in Cambodia from 17 Demographic and Health Survey strata are disaggregated into 1,594 communes by combining the Demographic and Health Survey data. The estimates are consistent with the surveyonly estimates at the aggregate and primary …

Achieving Middle-Income Status By 2030: Is This The Most Appropriate Objective For Zambia?, Venkatesh Seshamani

Zambia Social Science Journal

On the backdrop of three important quotes and based on a wealth of underlying research, this article presents a systematic review of growth and development measurement in general and specifically in relation to Zambia’s prospects of achieving middle income status by 2030. It highlights what it takes to achieve middle income status and what the limitations of such ambitions are. In commenting about Zambia’s prospects, the article presents detailed cross-country comparisons with selected African economies. Attention is paid to aspects of economic (income) growth, human development and true human progress, using a range of international indicators in the analysis. Ultimately …

Japan’S Ticad: Alternative Global Framework For Africa’S Development?, Bertha Z. Osei-Hwedie, Kwaku Osei-Hwedie

Zambia Social Science Journal

Since 1993, Japan has sought to aid Africa’s development through the Tokyo International Conference on African Development (TICAD). TICAD is a multilateral, donor-recipient framework within which Japan interacts with Africa on a range of development issues. It represents the Post Washington Consensus approach as an alternative donor strategy and development model, with the hope of replicating the East Asian development miracle in Africa. TICAD makes Japan an important source of development assistance to Africa and for facilitation of South-South cooperation. This article discusses TICAD’s principles, objectives and programmes. It focuses on TICAD’s achievements in terms of its impact on African …

Increasing Returns To Marketing In Zambian Maize Markets, Gelson Tembo, Thomas S. Jayne

Zambia Social Science Journal

The article investigates the existence of market externalities due to increasing returns to marketing. Panel data on 198 pairs of maize markets in Zambia and correlated random effects linear and tobit estimators were used to model the relationship between market externalities and producer-to-wholesale marketing margins. This article is one of the first to explicitly account for unobserved local market heterogeneity in a developing country context. The results suggest that Zambian smallholder maize markets are substantially specialized with significant margin-reducing own externality effects and insignificant cross-externality effects. The results also indicate that the unobserved market effects exert a systematic influence on …

Growth And Regional Integration: The Case Of The Southern African Development Community, Chris Mupimpila, Patricia Funjika

Zambia Social Science Journal

The neoclassical growth model is augmented with structural variables to analyse the determinants of economic growth in the Southern African Development Community. The results show that physical capital, exports, infrastructure, and human capital have a positive and significant effect on economic growth. However, inflation and external debt service have a negative but significant impact on economic growth in the region. In addition, the results suggest that the underdevelopment of the financial sector is a source of heterogeneity among member countries. Therefore, to promote growth and deeper integration in the region, it is necessary to address the underlying causes of inflation, …

Are Savings Working For Zambia’S Growth?, Chrispin Mphuka

Zambia Social Science Journal

This article analyses the effect of savings on economic growth in Zambia. Using vector auto regression, the article finds that economic growth ‘Granger’ causes domestic savings. This goes contrary to the neoclassical theory on the relationship between economic growth and savings. However, the article argues that a case of increasing domestic savings mobilization holds on the premise that doing so may influence growth indirectly by attracting partnerships with international capital thereby helping to inject new technology in the economy which is undoubtedly vital for growth. The argument is strengthened further by observing that East Asian countries have grown faster than …

Concurrent Sexual Partnerships Do Not Explain The Hiv Epidemics In Africa: A Systematic Review Of The Evidence, Larry Sawers, Eileen Stillwaggon

Economics Faculty Publications

The notion that concurrent sexual partnerships are especially common in sub-Saharan Africa and explain the region’s high HIV prevalence is accepted by many as conventional wisdom. In this paper, we evaluate the quantitative and qualitative evidence offered by the principal proponents of the concurrency hypothesis and analyze the mathematical model they use to establish the plausibility of the hypothesis.

We find that research seeking to establish a statistical correlation between concurrency and HIV prevalence either finds no correlation or has important limitations. Furthermore, in order to simulate rapid spread of HIV, mathematical models require unrealistic assumptions about frequency of sexual …

Labor Supply Responses To The 1990s Japanese Tax Reforms, Ken Yamada

Research Collection School Of Economics

The consumption-leisure choice model implies that an exogenous change in tax rates will induce a change in labor supply. This implication is expected to be important to labor supplied by secondary earners under a progressive tax system when spousal income alters effective marginal tax rates. This paper examines labor supply responses to the income tax changes associated with Japanese tax reforms during the 1990s. The results indicate that the hours-of-work elasticity with respect to the net-of-tax rate is 0.8 for married women.

Blood Lipids, Infection, And Inflammatory Markers In The Tsimane Of Bolivia, Sarinnapha Vasunilashorn, Eileen M. Crimmins, Jung Ki Kim, Jeff Winking, Michael Gurven, Hillard Kaplan, Caleb Finch

ESI Publications

Objectives—Little is known about blood cholesterol (blood-C) levels under conditions of infection and limited diet. This study examines blood-C and markers of infection and inflammation in the Tsimane of the Bolivian Amazon, indigenous forager farmers living in conditions that model preindustrial European populations by their short life expectancy, high load of infections and inflammation, and limited diets.

Methods—We use multivariate models to determine the relationships between lipid levels and markers of infection and inflammation. Adult Tsimane (N = 418, age 20–84) were characterized for blood lipids, cells, and inflammatory markers in relation to individual loads of parasites and …

Measurement Issues Arising From The Growth Of Globalization: Conference Summary, Susan N. Houseman, Kenneth F. Ryder Jr.

External Papers and Reports

No abstract provided.

A Shifting Paradigm And Growth Strategies Reappraisal In Post-Crisis Asia, Winston T.H. Koh

Research Collection School Of Economics

The Financial Crisis of 2007 has had far-ranging implications for the global economy. Questions were raised if export-led growth model in Asia has hit the limits. Income growth must be inclusive and sustainable, and to be achieved alongside other goals. Asian economies need to rebalance growth toward greater reliance on domestic and regional demand with a greater emphasis on social and environmental sustainability.