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Full-Text Articles in Economics

Imf: Predatory Lender Or Latin America’S Best Chance?, Paul Thomas Smith Mar 2012

Imf: Predatory Lender Or Latin America’S Best Chance?, Paul Thomas Smith

Political Science Theses and Capstones

Recently, there has been heated debate as to whether or not assistance from the International Monetary Fund has proven to be a great humanitarian effort or a scheme by Western governments to keep emerging Latin American countries in debt. The IMF partners with numerous governments in order to create a collective monetary community from which all may benefit in times of need. These partnered countries are also able to apply for assistance if they find themselves in monetary hardships. Some studies have shown that the IMF has been too heavy handed, while other studies have shown that recipient governments may …


Massive Kinked Bonuses, Kevin F. Hallock Mar 2012

Massive Kinked Bonuses, Kevin F. Hallock

Economics Faculty Publications

While most people are paid by the hour or with a yearly salary, some are also paid bonuses. And, some are paid very large, all-or-nothing bonuses. The author's favorite recent example is from last summer when golfer Darren Clarke earned a $3-million bonus from his sponsor. But it was how the payout was structured more than the amount that so intrigued him -- his sponsor's payout was all or nothing. How people are paid is fascinating. It is particularly interesting in this case of very, very large bonuses. The sports odds that Darren Clarke would win the tournament going into …


Mountain Monitor-4th Quarter 2011, Mark Muro, Kenan Fikri Mar 2012

Mountain Monitor-4th Quarter 2011, Mark Muro, Kenan Fikri

Mountain Monitor Quarterly

Recovery was firmly underway in the Intermountain West by the fourth quarter of 2011 but its pace varied considerably across the region’s 10 major metropolitan areas. Six of the 10 metros saw job growth in the fourth quarter but only four saw it accelerate over the previous one. Output grew everywhere but only in half of the region’s metros did the pace of growth quicken. The unemployment rate was down across the board from one year earlier. House prices in most markets stabilized. Yet signs of a robust, sustained, and self-fueling recovery remained elusive.

National economic indicators from early 2012 …


Low-Wage And Low-Income Workers In The U.S., 1979-2009, Randy Albelda, Michael Carr Feb 2012

Low-Wage And Low-Income Workers In The U.S., 1979-2009, Randy Albelda, Michael Carr

Center for Social Policy Publications

Three decades of stagnating earnings for bottom decides of male wage earners and 1990s anti-poverty policies promoting employment among poor single mothers suggest increases in the ranks of low-wage breadwinners living in low-income households. Low-wage workers often get few employer sponsored benefits, while antipoverty programs target poor non-earners; these factors suggest low-wage and low-income workers may be unprotected by employer or government supports. Using the Annual Economic and Social Extracts of the Current Population Survey (CPS) from 1980-2010, the authors explore changes in low-income and low-wage earners by gender and family status. The authors find a growth in low-wage and …


Complexity Theory And Political Change: Talcott Parsons Occupies Wall Street, Martin Zwick Jan 2012

Complexity Theory And Political Change: Talcott Parsons Occupies Wall Street, Martin Zwick

Systems Science Friday Noon Seminar Series

Complexity theory can assist our understanding of social systems and social phenomena. This paper illustrates this assertion by linking Talcott Parsons' model of societal structure to the Occupy Wall Street movement. Parsons' model is used to organize ideas about the underlying causes of the recession that currently afflicts the US. While being too abstract to depict the immediate factors that precipitated this crisis, the model is employed to articulate the argument that vulnerability to this type of event results from flaws in societal structure. This implies that such crises can be avoided only if, in Parsons' terms, structural change occurs …


A Household-Level Decomposition Of The White-Black Homeownership Gap, Eric Fesselmeyer, Kien T. Le, Kiat Ying Seah Jan 2012

A Household-Level Decomposition Of The White-Black Homeownership Gap, Eric Fesselmeyer, Kien T. Le, Kiat Ying Seah

Research Collection College of Integrative Studies

This paper uses a semiparametric homeownership model to estimate and to decompose the household-level white-black homeownership gap into an endowment component and a residual component across the distribution of homeownership rates. We find that the racial gap differs across homeownership rates and that studies that examine the gap only at the mean may be misleading. We also find that although household characteristics explain the homeownership gap for most households, there is a substantial portion of the gap that remains unexplained for households with a very low propensity to own homes. A comparison of the estimates from the semiparametric model and …


Child Food Security And The Food Stamp Program: What A Difference A Month Makes, Yiran Li, Bradford Mills, George Davis, Elton Mykerezi Jan 2012

Child Food Security And The Food Stamp Program: What A Difference A Month Makes, Yiran Li, Bradford Mills, George Davis, Elton Mykerezi

University of Kentucky Center for Poverty Research Discussion Paper Series

Most Americans believe that children should not have either persistent concerns about the quality and quantity of food to eat or lack of actual access to food due to low household resources. However, in 2007, approximately 3.3 million households (8.3 percent of households with children) had food insecure children who did not have consistent access to adequate and safe foods (Nord and Golla, 2009). This implies less than complete coverage of children by the food-assistance safety net.

The United States’s Supplemental Nutrition Assistance Program (SNAP), historically and commonly known as the Food Stamp Program (FSP), is a federal-assistance program designed …


Low Income Preschoolers' Non-Parental Care Experiences And Household Food Insecurity, Colleen Heflin, Irma Arteaga, Sara Gable Jan 2012

Low Income Preschoolers' Non-Parental Care Experiences And Household Food Insecurity, Colleen Heflin, Irma Arteaga, Sara Gable

University of Kentucky Center for Poverty Research Discussion Paper Series

Rates of food insecurity in households with children have significantly increased over the past decade. The majority of children, including those at risk for food insecurity, participate in some form of non-parental child care during the preschool years. To evaluate the relationship between the two phenomenon, this study investigates the effects of child care arrangements on food insecurity in households with children. To address the selection bias problem that arises from the fact that enrollment in different types of child care is not a random process, this study uses propensity scores techniques. The authors compare outcomes across five child care …


Chapter 3, Daily Life In Intimacy And Community In A Changing World: Sikaiana Life 1980-1993, William Donner Jan 2012

Chapter 3, Daily Life In Intimacy And Community In A Changing World: Sikaiana Life 1980-1993, William Donner

Sikaiana Ethnography

This chapter is a discussion of daily life on Sikaiana in the Solomon Islands , 980-1993. It describes daily routines, work and events.

A related website can be found at www.sikaianaarchives.com


Families With Hungry Children And The Transition From Preschool To Kindergarten, Colleen Heflin, Irma Arteaga, Sara Gable Jan 2012

Families With Hungry Children And The Transition From Preschool To Kindergarten, Colleen Heflin, Irma Arteaga, Sara Gable

University of Kentucky Center for Poverty Research Discussion Paper Series

This paper exploits a source of variation in the eligibility for federal nutrition programs to identify the program effects on food insecurity. Children are eligible for the WIC program until the day before they turn 61 months old. The result is an age discontinuity in program participation at the 61-month cutoff. Using the Early Childhood Longitudinal Study Birth-cohort dataset, we find strong evidence of a sizeable increase in household food insecurity at the 61- month cutoff. Our findings are robust to different model specifications, datasets, and various bandwidth choices using various non-parametric estimations.


Consumer Rights Screening Tool For Domestic Violence Advocates And Lawyers, Leah A. Plunkett, Erica A. Sussman Jan 2012

Consumer Rights Screening Tool For Domestic Violence Advocates And Lawyers, Leah A. Plunkett, Erica A. Sussman

Law Faculty Scholarship

The information is this document is intended for use by advocates and attorneys working with survivors of domestic violence in understanding the common types of consumer problems faced by the survivors. The document provides an overview of the common consumer issues faced by survivors and offers solid guidance on how advocates and attorneys can identify these issues when working the survivors. The report begins with an overview of the role of economic abuse in cases of domestic violence. This is followed by a brief look at common consumer issues faced by survivors that include managing household income and expenses, credit …


No. 60: Linking Migration, Food Security And Development, Jonathan Crush Jan 2012

No. 60: Linking Migration, Food Security And Development, Jonathan Crush

Southern African Migration Programme

Two issues have recently risen to the top of the international development agenda: (a) Food Security; and (b) Migration and Development. Each has its own global agency champions, international gatherings, national line ministries and body of research. Global and regional discussions about the relationship between migration and development cover a broad range of policy issues including remittance flows, the brain drain, the role of diasporas and return migration. Strikingly absent from these discussions is any systematic discussion of the relationship between population migration and food security. If the global migration and development debate sidelines food security, the current international food …


Power, Race, And The Neglect Of Science: The Hiv Epidemics In Sub-Saharan Africa, Eileen Stillwaggon, Larry Sawers Jan 2012

Power, Race, And The Neglect Of Science: The Hiv Epidemics In Sub-Saharan Africa, Eileen Stillwaggon, Larry Sawers

Economics Faculty Publications

This work addresses racial stereotyping and the effect it has in distorting AIDS policy for sub-Saharan Africa.


No. 59: The Third Wave: Mixed Migration From Zimbabwe To South Africa, Jonathan Crush, Abel Chikanda, Godfrey Tawodzera Jan 2012

No. 59: The Third Wave: Mixed Migration From Zimbabwe To South Africa, Jonathan Crush, Abel Chikanda, Godfrey Tawodzera

Southern African Migration Programme

Migration from Zimbabwe to South Africa has been extremely well-documented by researchers. In this paper, we suggest that there is a need to periodize these migration flows in order to understand how and why they have changed over time, not simply in terms of the volume of migration but the changing drivers of migration and the shifting nature of the migrant stream. Few previous studies have taken a longitudinal approach to Zimbabwean migration, primarily because most research takes place at one point in time. SAMP is in the fortunate position of having a large database at its disposal which allows …


Natural Resources In Nonmetropolitan Nebraska: Use And Priorities: 2012 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben Jan 2012

Natural Resources In Nonmetropolitan Nebraska: Use And Priorities: 2012 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben

Nebraska Rural Poll

Many rural Nebraskans say they already recycle a lot and face no barriers. However, many rural Nebraskans cite lack of programs and difficulty getting materials to drop-off sites as barriers to recycling. Persons living in or near smaller communities are more likely than persons living in or near larger communities to say their community doesn’t offer recycling. However, most rural Nebraskans say their community offers either curbside pickup or drop-off recycling for all of the materials listed with the exception of glass bottles.

Most rural Nebraskans are in favor of building the Keystone XL pipeline, but think it should be …


No. 58: The Disengagement Of The South African Medical Diaspora, Jonathan Crush, Abel Chikanda Jan 2012

No. 58: The Disengagement Of The South African Medical Diaspora, Jonathan Crush, Abel Chikanda

Southern African Migration Programme

Conventional wisdom holds that the ‘brain drain’ of health professionals from Africa is deeply damaging to the continent. Recently, a group of North American and European neo-liberal economists has challenged this conventional wisdom, variously arguing that the negative impacts are highly exaggerated and the compensating benefits many. The benefits include various forms of “diaspora engagement” in which those who have left then engage through sending remittances, direct investment, knowledge and skills transfer, return migration and involvement in diaspora associations. A previous SAMP study of Zimbabwean physicians outside the country provided clear evidence for the “diaspora engagement” hypothesis (see No 56 …


No. 61: Unfriendly Neighbours: Contemporary Migration From Zimbabwe To Botswana, Eugene Campbell, Jonathan Crush Jan 2012

No. 61: Unfriendly Neighbours: Contemporary Migration From Zimbabwe To Botswana, Eugene Campbell, Jonathan Crush

Southern African Migration Programme

Although Zimbabweans have often crossed into Botswana for various reasons, the numbers involved escalated dramatically after 2000 as Zimbabwe entered a prolonged economic and political crisis from which it has still not recovered. While considerable research and policy attention has been given to the migration of Zimbabweans to South Africa, their movement to Botswana has a much lower profile, except when the two countries engage in charges and counter-charges over issues such as the building of electrified fences between the two countries or the corporal punishment of Zimbabwean migrants in Botswana. At such moments, relations between these two close neighbours …


No. 62: Heading North: The Zimbabwean Diaspora In Canada, Jonathan Crush, Abel Chikanda, Belinda Maswikwa Jan 2012

No. 62: Heading North: The Zimbabwean Diaspora In Canada, Jonathan Crush, Abel Chikanda, Belinda Maswikwa

Southern African Migration Programme

Studies of the Zimbabwean diaspora tend to focus on migrants in South Africa and the United Kingdom. This is the first major study of Zimbabwean migration to Canada. The report presents and discusses the findings of a SAMP survey conducted across Canada in 2010. It first discusses the recent history of migration from Zimbabwe to Canada and then provides a demographic and socio-economic profile of the Zimbabwean diaspora in Canada. The report also examines the linkages that Zimbabweans in Canada maintain with Zimbabwe, and the potential for return migration.

According to the 2006 Canadian Census, there were 8,040 Zimbabweborn people …


No. 63: Dystopia And Disengagement: Diaspora Attitudes Towards South Africa, Jonathan Crush Jan 2012

No. 63: Dystopia And Disengagement: Diaspora Attitudes Towards South Africa, Jonathan Crush

Southern African Migration Programme

In 2008, South African Brandon Huntley was given refugee status in Canada by the Canadian Immigration and Refugee Board (IRB). The unprecedented decision, based on Huntley’s claim that as a white South African he was the victim of racial persecution in South Africa, caused a firestorm. Interest in the case was particularly intense in South Africa itself where the decision was derided in the media and the South African government lodged a formal protest with the Canadian government. Over 140 high-profile South African academics also filed a petition protesting the decision with the Canadian High Commission in Pretoria. Within weeks, …


No. 57: Patients Without Borders: Medical Tourism And Medical Migration In Southern Africa, Jonathan Crush Jan 2012

No. 57: Patients Without Borders: Medical Tourism And Medical Migration In Southern Africa, Jonathan Crush

Southern African Migration Programme

No abstract provided.


Quality Of Life In Nonmetropolitan Nebraska: Perceptions Of Well-Being And Church Life: 2012 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben, Philip Schwadel Jan 2012

Quality Of Life In Nonmetropolitan Nebraska: Perceptions Of Well-Being And Church Life: 2012 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben, Philip Schwadel

Nebraska Rural Poll

Most rural Nebraskans are positive about their current situation. And, they continue to be generally positive about their future situation. Over one-half (51%) of rural Nebraskans think they are better off than they were five years ago and just under one-half (45%) think they will be better off ten years from now. Certain groups remain pessimistic about their situation. Persons with lower household incomes, older persons, and persons with lower educational levels are the groups most likely to be pessimistic about the present and the future.

When asked if they believe people are powerless to control their own lives, most …


On Persistent Poverty In A Rich Country, T.M. Tonmoy Islam, Jenny Minier, James P. Ziliak Jan 2012

On Persistent Poverty In A Rich Country, T.M. Tonmoy Islam, Jenny Minier, James P. Ziliak

University of Kentucky Center for Poverty Research Discussion Paper Series

We examine differences in income within the U.S., and the regions of persistent poverty that have arisen, using a newly assembled dataset of counties that links historical 19th century Census data with contemporaneous data. The data, along with an augmented human capital growth model, permit us to identify the roles of contemporaneous differences in aggregate production technologies and factor endowments, in conjunction with the historical roles of institutions, culture, geography, and human capital. We allow for possible cross-county factor mobility via a correlated random effects GMM estimator that identifies simultaneously the coefficients on time varying and time-invariant determinants of income. …


The Implications Of Migration Theory For Distributive Justice, Alexander Sager Jan 2012

The Implications Of Migration Theory For Distributive Justice, Alexander Sager

Philosophy Faculty Publications and Presentations

This paper explores the implications of empirical theories of migration for normative accounts of migration and distributive justice. It examines neo-classical economics, world-systems theory, dual labor market theory, and feminist approaches to migration and contends that neo-classical economic theory in isolation provides an inadequate understanding of migration. Other theories provide a fuller account of how national and global economic, political, and social institutions cause and shape migration flows by actively affecting people's opportunity sets in source countries and by admitting people according to social categories such as class and gender. These empirical theories reveal the causal impact of institutions regulating …


Youth Perspectives On Entrepreneurship In Egypt: Barriers To Entrepreneurship As A Means To Combat Youth Unemployment, Maia Sieverding Jan 2012

Youth Perspectives On Entrepreneurship In Egypt: Barriers To Entrepreneurship As A Means To Combat Youth Unemployment, Maia Sieverding

Poverty, Gender, and Youth

This brief examines a range of factors that Egyptian youth perceive to be barriers to starting their own business, including high risk, limited access to finance, complexity of micro-credit schemes, lack of business and marketing training, and the need for connections in order to succeed. According to results from the Survey of Young People in Egypt, these factors combine to create the view among many youth that entrepreneurship is not a viable means of labor-market entry. Rather, youth see entrepreneurship as either a supplemental income-generating activity while also having a “regular” job, or as a later-life employment option once they …


Who Is Covered And Who Under-Reports: An Empirical Analysis Of Access To Social Insurance On The Egyptian Labor Market, Rania Roushdy, Irene Selwaness Jan 2012

Who Is Covered And Who Under-Reports: An Empirical Analysis Of Access To Social Insurance On The Egyptian Labor Market, Rania Roushdy, Irene Selwaness

Poverty, Gender, and Youth

This working paper investigates the dynamics and determinants of having access to social insurance coverage on the Egyptian labor market among wage and non-wage workers. The results show that men, older, married, better educated, and white collar highly skilled workers are more likely to have social insurance coverage. Access to social insurance is more likely to exist in the public sector and in large private enterprises. Furthermore, acquiring social insurance coverage in the private wage work sector does not often come at first entry; but it takes some time to gain such access. In contrast, experience is not important for …


The Reproductive Health Of Young People In Egypt, Nahla G. Abdel-Tawab, Noha Roushdy, Maia Sieverding Jan 2012

The Reproductive Health Of Young People In Egypt, Nahla G. Abdel-Tawab, Noha Roushdy, Maia Sieverding

Poverty, Gender, and Youth

This Population Council brief presents results from the Survey of Young People in Egypt (SYPE) on reproductive health (RH). The SYPE results underscore the need for: the assessment of state and civil society initiatives to transmit RH information; a national, comprehensive, age-appropriate reproductive health module to be integrated into the educational program; a national campaign on HIV/AIDS and other sexually transmitted infections that targets young people of reproductive age; the integration of female circumcision into a broader approach to youth reproductive health and bodily rights; specialized reproductive health services for married adolescent girls; and further research on sexuality and reproductive …


Social Protection In Egypt: A Policy Overview, Maia Sieverding, Irene Selwaness Jan 2012

Social Protection In Egypt: A Policy Overview, Maia Sieverding, Irene Selwaness

Poverty, Gender, and Youth

The need to address the shortcomings of Egypt’s current social protection system as part of a broader process of developing a new social contract between the Egyptian government and its citizens has been noted for a number of years. With a new government recently put in place, Egypt is now at a potential turning point in terms of implementing unfinished reforms to the system or proposing alternative ones. The aim of this paper is therefore to provide an overview and assessment of current public social protection mechanisms and suggest directions for new policy measures. The social and health insurance systems …


Informality And Labor Market Dynamics During Economic Downturns: Evidence From Egypt, Rania Roushdy, May Gadallah Jan 2012

Informality And Labor Market Dynamics During Economic Downturns: Evidence From Egypt, Rania Roushdy, May Gadallah

Poverty, Gender, and Youth

This working paper investigates the evolution of the Egyptian labor market during the world financial crisis period. There has been a mild decline in unemployment, combined with a slight increase in both labor force participation and employment to population ratio. Some subgroups of workers have been more vulnerable than others during the crisis period. The results of this paper concur with the historical experience, which suggests that young, old, unskilled and female workers are more likely to bear the brunt of an economic downturn.


Female Disadvantage In The Egyptian Labor Market: A Youth Perspective, Maia Sieverding Jan 2012

Female Disadvantage In The Egyptian Labor Market: A Youth Perspective, Maia Sieverding

Poverty, Gender, and Youth

In this brief, three aspects of female youth’s disadvantage in the labor market are analyzed: low labor force participation, high unemployment, and concentration in the public sector. These issues are closely interrelated and can be addressed through a set of policies that promote family-friendly employment conditions and the formalization of the private sector. The establishment of job search services for female youth is also critical to addressing the gender gap in unemployment.


Female Disadvantage In The Egyptian Labor Market: A Youth Perspective [Arabic], Maia Sieverding Jan 2012

Female Disadvantage In The Egyptian Labor Market: A Youth Perspective [Arabic], Maia Sieverding

Poverty, Gender, and Youth

In this brief, three aspects of female youth’s disadvantage in the labor market are analyzed: low labor force participation, high unemployment, and concentration in the public sector. These issues are closely interrelated and can be addressed through a set of policies that promote family-friendly employment conditions and the formalization of the private sector. The establishment of job search services for female youth is also critical to addressing the gender gap in unemployment.