Economics Commons^™

The Costs And Benefits Of Renewable Portfolio Standards In The United States: Accounting For Policy Heterogeneity And Endogeneity, Ian Bowen Ms

Theses - Graduate Programs in Economic Theory and Policy

Renewable portfolio standards (RPS) have emerged as some of the main state-level policy tools addressing climate change. The central aim of this thesis is to investigate the costs and benefits of these policies in terms of their impacts on the share of non-hydro renewables and electricity prices, respectively. To accurately estimate these impacts, this paper argues that it is necessary to account for policy heterogeneity (i.e., differences in policy features across states) and endogeneity (i.e., the correlation between policy features and unobservable factors that affect the dependent variables). In the literature, there has been work addressing the former, and there …

Classical Models, Anwar Shaikh Phd

Archives of Anwar Shaikh

22-17_Classical Models.pdf You said: as an archivist detailing a new entry, analyze the uploaded file and give an outline of the material with all dates standardized, all bullet-point item formatting, and sentence case for titles, and italics for all titles, 1.5 spacing between paragraphs, and expand the published items into full apa references with publisher details and journal information but without internet links, or further description, standardize the handwritten notes, emails, and comments into full apa-style manuscript citations so they match the level of formality of the published and class paper with all handwritten notes credited to anwar shaikh, phd …

Talks 2021 & Trips, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (2021). Talks 2021 & trips [Folder]. Personal collection.
• Turkish Airlines. (2021, October 14). Boarding pass: Istanbul to Izmir [Boarding pass]. Turkish Airlines.
• Seminario Imaginarios de Desarrollo Post-Extractivista. (2021, April). Seminario imaginarios de desarrollo post-extractivista: Flyer [Flyer]. Seminar organizers.
• Shaikh, A. (2022, January 7). Raganikanth (?)—AEA [Unpublished manuscript].
• Shaikh, A. (n.d.). Matrix calculations and eigenvalues [Unpublished manuscript].
• Shaikh, A. (2013, January 24). RAL: Equations on growth rates and wage functions [Unpublished manuscript].
• Shaikh, A. (2021, September 24). Cambridge capital controversy colloquium lecture [Unpublished manuscript].
• Shaikh, A. (n.d.). Elasticity of capitalism: Global inequality and the Nobel factor …

Price Value Notes, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Marx's last theorem working notes by Anwar Shaikh (unpublished work) (24-30_Pric... p. 5).
• Near-linearity of wage-profit curves and standard prices: Empirical and theoretical considerations by Anwar Shaikh (unpublished work) (24-30_Pric... p. 31).
• Price with money.xmcd calculation model by Anwar Shaikh (unpublished work) (24-30_Pric... p. 6).
• Shaikh, A. (2021, April 2). Anwar's 404 x 403 vector problem coding matrix log. (Unpublished computer program documentation) (24-30_Pric... p. 3).
• Shaikh, A. (2012, June 19). H matrix in Sraffa & Marx master study notes. (Unpublished manuscript note) (24-30_Pric... p. 30).
• Shaikh, A. (2009, April 10). Marx-Sraffa prices mathematical derivatives …

Shaikh Nassif Coronado Paper, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh Nassif Coronado paper by Anwar Shaikh, Luiza Nassif Pires, and Jose Alejandro Coronado. (Unpublished work).
• Weibull & inverse Weibull by Anwar Shaikh, PhD. (Unpublished work).
• Abraham-Frois, G., & Berrebi, E. (1997). Price, profits and rhythms of accumulation. Cambridge University Press.
• Egidi, M., & Gilibert, G. (1989). The objective theory of prices. Political Economy: Studies in the Surplus Approach, 5(1), 59–74.
• Mariolis, T. (2013). Applying the mean absolute eigen-deviation of labour commanded prices from labour values to actual economies. Applied Mathematical Sciences, 7(104), 5193–5204.
• Morishima, M. (1974). Marx in the light of …

Investigating Discrimination In Major League Baseball: Not So Perfect Competition, Esteban Rivera

Theses - Graduate Programs in Economic Theory and Policy

In recent years, there has been a growing trend in Major League Baseball. Elite Latino players are signing long-term extensions early in their careers, years before they reach free agency. This dissertation investigates wage differentials between races among players with over six years of service time in the MLB. First, some of the reasons why Latino players are pressured into accepting extensions early in their career are presented. Then, I estimate several models controlling for different types of performance. The statistic Wins Above Replacement measures all aspects of a player’s performance, making it an ideal tool for labor market studies. …

Intragovernmental Autonomous Stabilizers, Alex Williams

Theses - Graduate Programs in Economic Theory and Policy

We present a novel framework for understanding the relationship between the federal and state governments of the United States of America. Drawing on the experience of state government finances during and after the Great Recession in 2008, we propose the establishment of novel intragovernmental budgetary stabilization mechanisms. We draw out the flawed arguments of the existing fiscal federalism literature and demonstrate how the work of Michael Pettis and Modern Monetary Theory provide more usable insights when crafting public policy. We propose several potential policy responses and produce a counterfactual model of state finances after the Great Recession using the new …

Fair Pay To Play The Ncaa ‘Cartel’, Wynn Miller

Theses - Graduate Programs in Economic Theory and Policy

The National Collegiate Athletic Association (NCAA), which is the primary governing board for intercollegiate athletics in the United States, has been widely criticized for making huge amounts of money off of the hard work and labor of college student-athletes without paying fair compensation to those student-athletes. The NCAA’s revenue has consistently increased over the past century—however, it was not until the 1980s that the NCAA evolved into a multi billion-dollar organization. Despite the billions of dollars in revenue that its student-athletes generate on an annual basis, the NCAA has refused to share the revenue with those student athletes on the …

The Limitations Of The Euro: A Case Study Of The Covid-19 Pandemic In Italy, Madeleine Johnsson

Theses - Graduate Programs in Economic Theory and Policy

The COVID-19 pandemic in Italy is the latest event following the 2010 European sovereign debt crisis and the 2015 European migrant crisis to expose the limitations of the euro. While the worst of the COVID-19 pandemic is over in Italy, the Italian economy faces a new dilemma. Italy finds itself in a potential deadlock as other countries outside and inside the Economic and Monetary Union (EMU) are able to mitigate the impact of the pandemic through greater fiscal relief measures. Therefore, the fate of Italy’s economic woes lies in the hands of the European Central Bank (ECB) and the Economic …

Non-Increasing Cost Functions: Making The Connection Between Keynesian And Neoclassical Macroeconomics, Max Von Holtzendorff

Theses - Graduate Programs in Economic Theory and Policy

No abstract provided.

Crises And Austerity Lecture 1, Anwar Shaikh Phd2020

Archives of Anwar Shaikh

This collection includes:

• Wikipedia. (n.d.). How did Germany pay for Hitler’s build up? [Printed article with handwritten notes].

• Cowen, T. (2010, September 7). How did America pay for World War II? [Printed article with handwritten notes].

• Hughes, D. (2010). Counterclaim that many jobs were war-related so people were saving what the government was printing [Printed article].

• Richardson, G. (2013, November 22). Federal Reserve’s role during World War II: 1941–1945. Richmond, VA: Federal Reserve Bank of Richmond. [Printed article].

• Shaikh, A. (2014, February 10). Introduction to economic theories of capitalism [Typed lecture notes, Economics 104]. Anwar Shaikh, PhD, personal archives. …

  ---

  Go to article

Skills - Kyle Glenn, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Notes on Kyle Glenn wages education.docx by Anwar Shaikh, PhD [Unpublished work]
• Discrimination in the social cost theory by Kyle Glenn [Unpublished work]
• Reconsideration of skills issues by Anwar Shaikh, PhD [Unpublished work]
• Homogeneous and heterogeneous labor by W. Semmler [Unpublished work]
• Heterogeneous inputs: Commodities and types of labor by Anwar Shaikh, PhD [Unpublished work]
• Skills: My dissertation 1973 by Anwar Shaikh, PhD [Unpublished work]

Time And Consumption Poverty Among Mainland Tanzanian Children: Material Conditions To Secure Stated Rights, Marokey Sawo

Theses - Graduate Programs in Economic Theory and Policy

This paper examines the differences in how Tanzanian children across various socioeconomic axes spend their time across schooling, unpaid care work, and income-generating activities. Previous research and theory have primarily focused on child employment and its dynamics with education, neglecting a substantial amount of work borne by some children to maintain their households’ livelihoods. Using time use and consumption survey data, this paper fills the current gap in the literature by applying a multidimensional framework called the Levy Institute Measure of Time and Consumption Poverty. The results indicate that child employment is quite prevalent in mainland Tanzania across different tiers …

Price Value Frazer Duncan Collar Bienenfeld, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Classical theory of price matrix algebra by Anwar Shaikh (unpublished work).
• Marx's last theorem by Anwar Shaikh (unpublished work).
• Sraffa prices and eigenvector normalization by Anwar Shaikh (unpublished work).
• Vmi data set patterns by Anwar Shaikh (unpublished work).
• Shaikh, A. (2003, December 22). In what sense is a non-negative matrix reducible to its eigenvalue moduli? (Unpublished manuscript note).
• Shaikh, A. (2006, April 10). Graphvmigini3, vmi80r.wf1 chart analysis. (Unpublished manuscript note).
• Shaikh, A. (2006, April 10). What is avg income share of top 20%, in a power law? (Unpublished manuscript note).
• Shaikh, A. (2006, April 14). Thermal …

Stock Prices, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (2020, January 05). [Handwritten folder label identifying contents as "Stock prices, 1/7": (1) P/E ratios theory and actual dynamics; (2) Tobin's Q]. Unpublished manuscript note. New School for Social Research.
• Shaikh, A. (ca. 2020). [Computer-generated graph: QNFstaroverQNF, nominal, 1949–2018; data source: GraphQNFstaroverQNF, Q data annual 2020.xlsx; QstarNF/QNF nominal mean = 0.929]. Unpublished research chart. New School for Social Research.
• Shaikh, A. (ca. 2020). [Computer-generated graph: Qstar/Q, nominal and real, 1949–2018; data source: GraphQstaroverQ, Q data annual 2020.xlsx; Qstar/Q nominal mean = 1.108, real mean = 0.700]. Unpublished research chart. New School for Social Research.
• Shaikh, …

Het, Hayek And Marx, Sen On Welfare Economics, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Hayek and Marx (2019-12-30)

• Hayek, von Mises, Keynes (notes)

• Emergent properties interview 2 (handwritten notes)

• Handwritten notes comparing von Mises and Marx

Structural Economic Patterns In Advanced Capitalism, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes a PowerPoint presentation for the class.

The Role Of Money Market Mutual Funds In The Shadow Banking Sector Since The 2010 & 2014 Sec Reforms, George Kiss

Theses - Graduate Programs in Economic Theory and Policy

The analysis undertaken within this thesis questions the role of money market mutual funds (MMFs) in the shadow-banking sector since the 2010 and 2014 SEC reforms. In order to conduct such an analysis we provide a comprehensive history of the rise of these funds and how they contributed to the 2007-2009 Financial Crisis. A brief explanation of the 2010 and 2014 reforms is then given and we show that neither of these regulations have made these funds safer, but have increased the risk they pose to the overall financial system. We evaluate how the maturity distribution of securities held within …

Evolution Of Us-Dollar-Centric International Money Markets And Pro-Cyclicality Of Basel Iii Liquidity Framework, Oleksandr Valchyshen

Theses - Graduate Programs in Economic Theory and Policy

This thesis presents research on the evolution of the US-dollar-centric international money markets. The timeline starts from late nineteenth century US, where the New York call money market already featured a number of sophisticated techniques such as margin investing, over-certification, and re-hypothecation. Next, I explore the evolution of the market leading up to and after the Great Depression, through the regulatory period of the New Deal, and functional finance of the late 1930s and greater part of the 1940s. In the postwar period, I highlight the Federal Reserve’s push for free markets, the sudden rise of the euro-dollar market in …

Leveraging Environmental Reserve Assets To Achieve A Sustainable Environment, Tamim Ephrem Akiki

Theses - Graduate Programs in Economic Theory and Policy

This paper proposes a financing mechanism that seeks to realize massive projected returns associated with holding global warming at below 1.5°C above pre-industrial levels. The IMF and national authorities of every participating country design 20-year Structural Environmental Adjustment Plans (SEAPs) that include preservation targets, emissions reductions, and investment budgets. Those budgets can either be self-financed or, where need is demonstrated, funded by the IMF using zero-interest loans that fully amortize through environmental outcomes. Maximum funding capacity is measured using Special Environmental Drawing Rights (SEDRs), an indefinite potential claim on the IMF’s freely usable currencies for climate finance regardless of future …

A Keynesian Exploration Of The Determinants Of Government Bond Yields For Brazil, Colombia, And Mexico, Simon Simoski

Theses - Graduate Programs in Economic Theory and Policy

This dissertation investigates the long-term determinants of the government bond nominal yields of Brazil, Colombia, and Mexico. It deploys vector error correction (VEC) model to assess whether John Maynard Keynes’s view that the central bank’s actions, mainly through short-term interest rates and various monetary policy measures, are the key drivers of long-term government bond yields over the long-run, after controlling for key economic variables such as the inflation rate, GDP growth rate, and government debt- and deficit-to-GDP ratios. The results from the models estimated indicate that short-term interest rates are the main drivers of longterm government bond yields for all …

Growth And Sectoral Development: A Stock-Flow-Consistent Model Of The Effects Of Trade Liberalization In Ghana, Harrison J. Karlewicz

Theses - Graduate Programs in Economic Theory and Policy

The dawn of neoliberalism brought with it a litany of trade policies for developing nations, including recommendations to liberalize trade barriers, remove capital controls, and develop in relative comparative advantages in the global economy. These policies were buttressed with Computable General Equilibrium models that showed positive welfare gains for liberalizing nations. This paper reviews the historical record around trade policy, theories of trade, as well as the methodological approaches used to examine the effects of trade liberalization in the neoliberal era. It posits an alternative using Stock-Flow-Consistent modeling methods, looking particularly at the case of Ghana and its own tariff …

Aspects Of Institutional Finance In Sustainable Development, Jordan Fanelli

Theses - Graduate Programs in Economic Theory and Policy

Since the establishment of the Post–2015 Development Agenda and the 2030 Sustainable Development Goals (SDGs), the international community has considerably maintained that private sector leadership will be a crucial factor in supporting sustainable development, especially in emerging and developing economies. Since 2008 many traditional commercial banks who are crucial financial actors have retreated from the capital markets due to increased regulations and mandatory capital ratios. Additionally, government expenditure has also decreased due to budget constraints in the post-crisis years. This retraction of traditional sources of finance, combined with a significant increase in the demand for capital has created multiple financing …

Financial Innovation And The Implications For Monetary Policy And Portfolio Hedging, John Flynn

Theses - Graduate Programs in Economic Theory and Policy

The focus of this thesis will be on three main components, namely, monetary transmission mechanisms, financial innovation and portfolio hedging. It will first discuss the different channels of monetary policy and how they affect economic and financial variables. Then, financial innovation will be analyzed from the perspective of Hyman P. Minsky and the effects on the financial system. Next, the relation of regulation to the changing financial landscape of the economy will be discussed. Finally, the use of financial derivatives will be reviewed, presenting their hedging function and speculative risks. Then, the impact of too big to fail banks and …

Money And The Downfall Of A Democracy Economic Crises And The Weimar Republic, Leshan Xiao

History - Master of Arts in Teaching

I. Synthesis Essay……………………………….2

II. Primary Documents and Headnotes……….32

III. Textbook Critique…………………………….45

IV. New Textbook Entry…………………………48

V. Bibliography…………………………………..54

Nssr Discussion Group 2-2019, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes,

• Shaikh, A., PhD. (2019, February 5). NSSR discussion group “MarxWorks” [Handwritten notes]. Unpublished manuscript notes.

• Shaikh, A., PhD. (2019, January 29). Trends in retirement wealth inequality using Health and Retirement Study (HRS) data [Manuscript draft with sidebar editorial comments by Tony Webb]. Unpublished manuscript draft.

Whats Left Of Micro Economics, Anwar S Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (1993). Handwritten notes on Maarten C.W. Janssen's Microfoundations: A critical inquiry, discussing game theory and Keynes' beauty contest [Manuscript notes].

• Shaikh, A. (2009, October 8). Handwritten outline: What is left of microeconomics? [Presentation notes for Istanbul Bilgi University].

Chile May 2019, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes,

• Program for the Primer Congreso Crítico de Ciencias Económicas y Administrativas (CEIC–YSI) (2019, May). Conference program. Santiago, Chile: Universidad de Chile [Unpublished conference program].

• Shaikh, A., PhD. (2019, May 13). Chile YSI conference [Handwritten notes discussing theories of trade in Smith, Ricardo, and Marx]. Unpublished manuscript notes.

• Shaikh, A., PhD. (2016, September 30). Traded migration [Handwritten notes referencing Corina Rodríguez Enríquez and David Bacon]. Unpublished manuscript notes.

• Shaikh, A., PhD. (2016, September 30). Brussels: Personal notes [Handwritten notes discussing Ingar Solty, surplus population, and class politics]. Unpublished manuscript notes.

• E-ticket flight overview: Travel to Santiago (2019, May …

  ---

  Go to article

Development And Limits To Stimulus, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes,

• Paths to development (2018, September 6). Paper discussing development strategies, Post-Keynesian economics, New Developmentalism, real competition, and the limits of stimulus policies [Unpublished manuscript].

• The origins of Venezuela’s economic crisis (2019, April 2). Article published by The Real News Network [Online news article printout].

• Shaikh, A., PhD. (n.d.). CLACSO: Global hegemony in dispute—G20 and international disorder [Handwritten notes discussing the crisis of globalization, neoliberalism, and macroeconomic dynamics]. Unpublished manuscript.

Loose Wage Share Note, Anwar Shaikh Phd

Archives of Anwar Shaikh

No abstract provided.