Economics Commons^™

Parental Financial Assistance To Young Adult Children And The Black-White Wealth Gap, Yunju Nam, Darrick Hamilton, Christopher Famighetti

The Journal of Sociology & Social Welfare

We examine the roles of parental financial assistance to young adult children for college, homeownership, and “other reasons” in explaining the Black-White wealth gap. Using Panel Study of Income Dynamics data, we run Blinder-Oaxaca decompositions. Results show that the socioeconomic position of Black parents, not their proclivity to give, explains lower receipt of parental assistance for Black adult children—especially in the form of assistance for college and homeownership, which in turn, translates into the intergenerational reproduction of the racial wealth gap. Accordingly, policies should focus on equalizing resource endowments for adult children across racial lines. The findings support a structural/stratification …

Three Essays On International Financial And Monetary Interactions, Kemal Burak Bekircan

Dissertations

This dissertation develops three essays on safe haven currency behavior and international monetary interactions.

Essay one notes the dramatic appreciation of the U.S. dollar vis-à-vis all world currencies, along with its reversal after a year on the account of the Great Recession. This paper investigates bilateral U.S. dollar exchange rate movements during and in the aftermath of the Great Recession. I find that increasing global market uncertainty has a significant and consistent effect in strengthening of the U.S. dollar. This striking finding suggests flight-to-safety phenomenon of foreign investors, and repatriation of capital flows to the United States by the U.S. …

Essays On Climate Change-Related Extreme Events, Alvin E. Harris

Dissertations

There are increasing and urgent calls for global economies to join in the fight against the impacts of climate change (World Bank, 2020). With reports such as the World Bank (2020) of climate change costing billions of dollars in losses for economies, the purpose of my dissertation is to examine the effects of climate change-related extreme events and their potential economic effects in three areas: agriculture, migration, and the labor market.

My first essay focuses on the factors that influence farmers’ perception of risk and adaptive strategies against the effects of climate change-related extreme events. I examine whether farmers’ social …

Three Essays In The Dynamics Of Oil Prices, Ahmed Alaabodi

Dissertations

The main objective of my three essays is to study the dynamics and interaction of the price of oil with the downstream sector (refined products), upstream sector (oil production), and across regional markets. I shed light on how the new technological innovation of horizontal drilling and hydraulic fracking that caused the shale oil revolution in the last decade impact the price of oil and impact the petroleum market in the United States.

In the first essay, the dynamic relationship between the monthly price of crude oil and its refined products is modeled. The long-run equilibrium carries valuable information for risk …

Food Insecurity: A Closer Look At How Households Cope With Food Insecurity And How This Phenomenon Affects Their Overall Health, Burak O. Tan

Dissertations

This study focused on the lived experiences of low-income households who coped with food insecurity and explored their worldview on the health impacts of battling with this phenomenon in the Grand Rapids Metropolitan Statistical Area (MSA). While the main research question focused on how low-income households coped with food insecurity, the following were the focus of the research analysis and served as the empirically testable framework: a) addressing the impact of poverty on affordability of nutritious food, b) addressing the impact of food deserts on accessibility and availability of nutritious food, c) addressing the coping strategies used to battle food …

Increasing Odds: The Impact Of Casino Gaming Size, Location, And Economic Stream Style Differences On County Revenue In Pennsylvania, Brandon W. Koch

Dissertations

As county administrators seek new revenue streams, casino gaming becomes a valuable local revenue production mechanism. Recently, Pennsylvania has been vastly successful with developing a conunercial casino market. The American Gaming Association in 2017 found that Pennsylvania has the largest sole commercial casino industry and highest effective tax rate in the United States. The case study of the Pennsylvania gaming industry is utilized to investigate plannable casino born factor impacts on county revenue. State and local regulations dictate the method and location (plannable factors) of permitted casino gaming via quotas and licensure. Casino born factors created as a result of …

Childhood Snap Receipt As A Protective Factor Against Adult Obesity: Examining The Interaction Of Snap Participation And Neighborhood Disadvantage, Thomas Vartanian, Linda Houser

The Journal of Sociology & Social Welfare

Using the Panel Study of Income Dynamics (PSID) with family fixed-effects (FE) models, we explore how neighborhood conditions and time receiving SNAP benefits during childhood interact to relate to time spent obese in adulthood. Results suggest that, for those growing up in less advantaged neighborhoods, SNAP receipt between the ages of 9–13 and 14–18 was associated with subsequently shorter periods of time obese in adulthood. Conversely, for those growing up in more advantaged neighborhoods, SNAP receipt during these same late childhood/ adolescent time periods was associated with relatively high proportions of time in adulthood spent obese. SNAP participation during early …

Does Internet Access Create Or Destroy Social Capital? The Case Of West Java Province, Bayu Kharisma, Sutyastie Soemitro Remi

The Journal of Sociology & Social Welfare

Bonding social capital is within a group or community, whereas bridging social capital is between social groups, social class, race, religion, or other important sociodemographic or socioeconomic characteristics. This paper aims to investigate the determinants of household involvement and the effect of internet access on bridging and bonding social capital in West Java, Indonesia. The data used in this study were sourced from the results of a survey conducted by the Central Bureau of Statistics (BPS) of West Java Province in 2014, The National Socio-Economic Survey (Survei Sosial Ekonomi Nasional) on Socio-Cultural and Educational Module (Modul Sosial Budaya dan Pendidikan) …

The Effect Of Inflation Targeting Policies On Dollarization-A Cross-Country Analysis, Dweepobotee Brahma

The Hilltop Review

This paper attempts to review the experiences of various dollarized economies from the adoption of an explicit inflation-targeting framework for domestic monetary policy. Dollarization is the phenomenon where agents in a country choose to use a foreign currency instead of their domestic currency. This often occurs in response to episodes of high inflation rate in the domestic economy. Central Banks of these countries often respond by adopting an inflation-targeting regime. This paper attempts to evaluate the effectiveness of such a policy by conducting a cross-country comparison. A panel dataset from 14 dollarized economies from 2001-2015, is used to compare between …

China's Unethical Economic Development Practices, Kimberly A. Madsen

The Hilltop Review

The purpose of this research paper is to inform the public about some of the unethical economic development practices that China is performing with their citizens and global partners. These activities include escalating the national GDP at the detriment of their citizens through forced relocations in order to build new cities, dividing families with harmful public policies, and the imbalance between their citizens’ annual earnings and housing costs. Also discussed is the environmental pollution of the air, water, and soil, and poorly treating their international constituents when asked to provide consulting services to their nation.

Effect Of Oil Price Shock On Monetary Policy In Nigeria: A Vector Autoregressive Analysis, Ama Agyeiwaa Abokwah

International Journal of African Development

This paper examines the effects of oil price shocks on interest rate, real GDP and real effective exchange rate in Nigeria using a vector autoregressive (VAR) model. The results from the impulse response function suggests that positive oil price shocks have no effect on the interest rate (monetary policy), real exchange rate and real GDP. This result suggests that monetary policy in Nigeria does not respond to oil price shocks. Both the impulse response functions and variance decomposition analysis to a large extent confirmed that oil price shocks are only able to explain a small proportion of the forecast error …

Intergovernmental Authority On Development And East African Community: Viability Of Merger, Andualem Zewdie

International Journal of African Development

Constituting a regional economic community has immense benefits to the societies within a given region. Regional Economic Communities (RECs) would play an inevitable role in increasing people to people interactions and gradually forging interdependence in different sectors, which used to limit government to government. Often, such bondage within given RECs among states in general and societies in particular paves the way to address the ills of the respective societies in a collaborative manner. In fact, it is plausible to argue that there is a conducive environment to constitute and build up RECs in the present globalizing world. Parallel to the …

Opportunities And Challenges For Community-Based Ecotourism Development: The Case Of Alatish National Park, Northwest Ethiopia, Kassegn Berhanu

International Journal of African Development

Contrary to traditional forms of tourism such as mass tourism, ecotourism has widely been recognized as an economic diversification and developmental tool, and an appropriate approach for conservation of natural resources for destinations with tourism heritage possessions as it provides protection and economic incentives. The aim of this study is to assess opportunities and challenges for community-based ecotourism development. A mixed research approach was devised and a cross-sectional research design was used. Tools of primary data collection were questionnaires, focus group discussions, interviews and observation checklists. Secondary data were collected from related articles, research and documents obtained from offices. Quantitative …

Listen To The Voices Of Maasai Women In Kenya: Ensuring The Well-Being Of Their Families Through Collective Actions, Taeko Takayanagi

International Journal of African Development

This is an ethnographic study that provides insight into grassroots activities managed by Maasai women leaders in the Narok area of Kenya. Four women’s narratives were used as a basis of analysis to demonstrate their roles in facilitating grassroots activities to improve village women’s well-being despite gender discrimination and multidimensional constraints. The women’s group leaders commented that low literacy had a negative influence on Maasai women’s development; however, the issue of illiteracy could be overcome through cooperative learning during women group activities in their village. The results showed that the women’s group leaders played a facilitative role in improving women’s …

Nutrition And Trade Liberalization In Africa, Ismaelline Eba Nguema

International Journal of African Development

Trade openness and nutrition are concepts that are closely related. Openness could contribute to an improvement in nutrition under only certain conditions. These include improved export earnings, ultimately the import capacity of the countries participating in the exchange, and maintaining a sufficient level of agricultural production. The objective of this article is to analyze the link between trade liberalization and nutrition in Africa.

Trade openness and nutrition are concepts that are closely related. Openness could contribute to an improvement in nutrition under only certain conditions. These include improved export earnings, ultimately the import capacity of the countries participating in the …

Understanding Remittances In Eritrea: An Exploratory Study, Fikresus Amahazion

International Journal of African Development

Migration has been characterized as a fundamental component of the human experience, and today there are several hundred million international migrants around the world. Although migrants leave their home country, they maintain links, particularly through remittances. Economic remittances supplement the domestic incomes of millions of poor families and are vital for many developing countries. This paper explores economic remittances into Eritrea, examining the particular trends, amounts received, and how remittances are generally consumed. Additionally, the paper explores general perceptions about remittances and their impact upon society in Eritrea. Based on interviews and focus group discussions with individuals and households across …

Editorial Note, Sisay Asefa

International Journal of African Development

Chief Editor Sisay Asefa discusses the articles in Vol 5 n. 2 of the International Journal of African Development.

International Journal Of African Development, Vol. 5, Issue 2

International Journal of African Development

Complete issue of International Journal of African Development, Volume 5, Issue 2 - Spring 2019.

Three Essays On Food Insecurity In Nigeria, Pimam Manzi Pidalatan

Dissertations

Households experience multiple shocks, among which health-related and agricultural-related shocks are the most frequent shocks in developing economies. Households’ exposure to shocks contributes more to the risk of being food insecure than a poor resource endowment (Azeem et al., 2016). Moreover, in low-income countries about 3.5 million mothers and children under the age of five die every year because they are undernourished FAO, IFAD, UNICEF, WFP AND WHO 2017). Sub-Sahara Africa is the region with the highest prevalence of undernourished people (22 percent) and stunted children (30 percent) (FAO, IFAD, UNICEF, WFP AND WHO 2017). Three of the seventeen Sustainable …

Three Essays On Liquidity Shocks And Their Implication For Asset Pricing And Valuation Models, Nardos M. Beyene

Dissertations

The main objective of my three essays is to incorporate liquidity shocks and the linkages between the liquidity condition of financial markets into asset pricing and valuation models. The first essay focuses on the liquidity adjusted capital asset pricing model, while the second and the third essays examine the popular asset valuation model called the Fed model.

The first essay investigates the pricing of the commonality risk in the U.S. stock market by using a more comprehensive market illiquidity measure that can reflect the liquidity condition of different asset markets. This measure is given by the yield difference between commercial …

Essays In The Application Of Machine Learning In Development Economics, Dweepobotee Brahma

Dissertations

This dissertation comprises four essays which apply Machine Learning (ML) techniques to examine India’s progress towards meeting several child-health targets under United Nation’s “Sustainable Development Goals (SDG) 2030”. The application of novel ML techniques unmasks certain detailed empirical aspects of the road to meeting specific indicators of SDG - child mortality, malnutrition, immunization coverage and health-expenses.

The first essay employs multiple parametric and non-parametric Machine Learning (ML) techniques (LASSO, Classification Random Forest, Boosted Logistic Regression, Boosted Classification Trees) to build predictive models for the incidences of neonatal and infant mortality. A large national level household survey dataset is used. All …

Analyzing Unemployment, Education-Occupation Mismatch, And Immigrant’S Participation In The Us Labor Market, Riyadh Naeem Arooq Arooq

Dissertations

Analyzing the factors that determine any labor market’s outcomes is important. That is because the results of these analyses can help policy makers to adopt effective labor market policies, and thus achieve the best outcomes of that labor market. In this study, I analyze three important factors: unemployment, education-occupation mismatch, and immigrants’ participation in the US labor market.

First, I analyze the problem of slow decline in the rate of U.S. unemployment after the last recessions. In this chapter, I examine whether the slow movement in U.S. unemployment is due to cyclical or structural factors. I contribute to the literature …

Measurement Of Childhood Poverty In The United States And Its Enduring Influences, Zi Yang

The Journal of Sociology & Social Welfare

This paper measures childhood poverty in the United States and classifies it into three degrees based on different durations – persistent poverty, chronic transient poverty, and non-chronic transient poverty – using the Panel Study of Income Dynamics (PSID) data and actual poverty thresholds in the United States. Then I examine the enduring influences of different types of childhood poverty on future performance, including academic achievement, income, and criminal behavior, utilizing OLS and logistic models as well as Mincer wage functions. The regression results show that childhood poverty has a negative impact on schooling years and earnings. Living in poverty increases …

Breaking The Poverty Trap In Africa: A Comparative Perspective On Poverty Alleviation, Abu Girma Moges

International Journal of African Development

An increasing number of African countries have recently registered improved rates of economic growth. Translating economic growth into poverty reduction, however, requires putting into place policies and institutions that promote a sustainable and shared economic growth process. The degree of success in poverty reduction depends largely on balancing the process of economic growth and the judicious pattern of income distribution so that an increasing share of the population benefits from the growth process and engages in more productive endeavors. Building the necessary policy and institutional framework to promote sustainable and shared economic growth is central in breaking the poverty trap …

Indigenous Knowledge And The Development Debate In Africa, Fidelis Ewane, Samson Ajagbe

International Journal of African Development

This research employs Bourdieu’s theory of habitus to explain the disposition of the donor community to integrate indigenous knowledge systems and practices into development projects. The theory’s objectivist perspective specifies the mechanism that links structural conditioning to social practice and regularities. It holds that power is culturally and symbolically created, and it is constantly re-legitimized through the interplay of agency and structure. This facilitates an analysis of the development field as social space characterized by indigenous and donor power relations. It argues that the reinforcement of indigenous knowledge as the main channel for development will generate transferable local capacities and …

Does Inclusive Growth Matter For Regional Integration In Africa? An Empirical Assessment, Mohammed Shuaibu, Mamello Nchake

International Journal of African Development

Inclusive growth is an important channel through which African countries can foster higher regional integration especially through trade. This is because many African countries are characterized by exclusive growth, small and fragmented domestic markets that are landlocked and often prone to external shocks. Using an augmented gravity specification, this paper conducts an empirical investigation of the relationship between regional integration and inclusive growth in Africa. The adapted model is estimated using ordinary least squares, Pseudo Poisson maximum likelihood estimator and the Blundell-Bond system generalized method of moment estimator. The empirical results reveal that inclusive growth plays a vital role towards …

The Impact Of Motivation On Employee Performance In Selected Insurance Companies In Nigeria., Oluwayomi A. Ekundayo Mr.

International Journal of African Development

Motivation refers to a complexity of forces that inspires a person at work to intensify his desire and willingness to use his potentialities to perform in order to achieve organizational goals or objectives. This study investigates the relationship between motivation and the level of employee performance as applied to some selected insurance companies in Lagos. The study has three main objectives: to evaluate the effects of motivation on employee performance in some selected insurance companies, to assess motivational factors that can influence employee performance, and to recommend possible policies and innovations for better performance of the employees and increased profitability. …

Sustainable Energy Transitions: Changing The ‘Business As Usual’ Trajectory In Sub-Saharan African Urban Areas, Mark Borchers, Megan Euston-Brown, Simon Bawakyillenuo, Alex Ndibwami, Simon Batchelor

International Journal of African Development

This paper describes a novel approach to helping municipal authorities address the sustainable energy challenges associated with rapidly growing urban populations in Sub-Saharan Africa. Population in Africa is expected to double between 2010 and 2040, and substantial urban growth is expected in small and medium-sized cities where local government capacity constraints are most serious. A long-term partnership between municipal authorities, NGOs, and academics can build capacity, and a prescribed strategy can lead to progress on the ground. In order to contribute to future action, the paper argues for a greater role of local government in sustainable energy transitions, and presents …

The Tigray Identity And The Paradox In The Securitization Of The Oromo And Amhara Identities In Ethiopia, Anwar Hassen Tsega

International Journal of African Development

Tigray’s ethnic nationality is the minority identity in the ruling Ethiopian People’s Revolutionary Democratic Front (EPRDF), a coalition of four political parties under the leadership of the Tigray People’s Liberation Front (TPLF). For decades, the ruling party has governed by pitting the Oromo and Amhara against one another. Accordingly, the Oromo-Amhara solidarity is the greatest threat to the Ethiopian government. Within the framework of the Copenhagen school, we analyzed the securitization of the two majority identities. This essay is split into two sections. The first examines why and how the Oromo and Amhara identities have been securitized by the dominant …

Editorial Note, Sisay Asefa

International Journal of African Development

No abstract provided.