Economics Commons^™

The Lingnan Commentary - January 2001 (No.1), Hong Kong Institute Of Business Studies, Lingnan University

The Lingnan Commentary 嶺南評論 : A Quarterly Review of Economic, Business and Social Issues by Lingnan University

No abstract provided.

Group Lending Under Dynamic Incentives As A Borrower Discipline Device., Bruce Wydick

Economics Faculty Publications

In recent years group lending has become an increasingly utilized tool for providing credit access to the poor in developing countries. Using empirical results from first-hand field research on Guatemalan borrowing groups, this paper develops a simple game-theoretic model of group lending. Results from the model show that through peer monitoring, the threat of group expulsion, and the safety net of intra-group credit insurance, group lending mitigates some risky investment behavior that would otherwise occur under an individual borrowing contract. The credible threat of social sanctions against group members who misallocate borrowed capital further reduces instances of such behavior.

Microenterprise Lending To Female Entrepreneurs: Sacrificing Economic Growth For Poverty Alleviation?, Michael Kevane, Bruce Wydick

Economics Faculty Publications

This research compares the performance of female and male entrepreneurs in a microenterprise credit program in Guatemala. Previous research and field practice has suggested that targeting credit at female borrowers allows for more substantial increases in household welfare, but that male entrepreneurs may more aggressively expand enterprises when given access to credit. In this paper, we develop a model that shows that increases in value of home time during childbearing years for women may substantially account for gender differences in responses to credit access. Empirical results from Guatemalan survey data yield estimations consistent with the predictions from our model.

Social Norms And The Time Allocation Of Women's Labor In Burkina Faso, Michael Kevane, Bruce Wydick

Economics Faculty Publications

This paper proposes that major determinants of allocation of women's time are social norms that regulate the economic activities of women. Our emphasis on norms contrasts with approaches that view time allocation as determined by household-level economic variables. Using data from Burkina Faso, we show that social norms significantly explain differences in patterns of time allocation between two ethnic groups: Mossi and Bwa. Econometric results show women from the two groups exhibiting different responses to changes in farm capital. Implications are that policies that foster changes in social norms may have more permanent effects on altering women's behavior.

New Anti-Merger Theories: A Critique, Edward J. Lopez

Faculty Publications

The purpose of this paper is to evaluate these new anti-merger instruments on the basis of economic theory and evidence. I first discuss how the economics of antitrust has developed over the years, with the intention of characterizing the intellectual inheritance of 1990s' antitrust regulators. Within this context, I then discuss each anti-merger instrument, how it has been applied in specific cases, and how it accords with underlying economic science. On the basis of these arguments, antitrust regulators should pause and reconsider the theoretical and empirical bases of applying unilateral effects and innovation markets to merger investigations.

Poverty In Thailand: Causes And Solutions, Nuntaporn Artontammakun

Theses Digitization Project

Poverty has been reduced substantially, but most poverty reducing programs have raised other problems out of poverty. This paper outlines the principal causes of poverty in an emerging nation-Thailand. It presents strategies for reducing the level of poverty.

Gambling With The Future: Economic And Social Perspectives On The Casinos In America 2001-02, Department Of Economics

Werner Sichel Lecture Series

"The Economics of Risk" is the 38th annual Public Lecture-Seminar Series organized by the Department of Economics at Western Michigan University. This year's series focuses on the occurrence of risk in our economy and the attitudes and responses of decision makers to the risk that is encountered. The series is directed by Dr. Donald J. Meyer of the WMU Economics Department, and is co-sponsored by the WE. Upjohn Institute for Employment Research. The public is cordially invited to attend the lectures and no admission is charged. In addition to a public lecture, each guest scholar will also present an academic …

Development Of Russian Commercial Banks And Financial Crisis Of 1998, Anna Barc

Theses Digitization Project

This report describes the development of commercial banks in Russia and role of government and Central Bank in advance of Russian financial system.

No. 04: Gender Concerns In South African Migration Policy, Jonathan Crush, Vincent Williams

Southern African Migration Programme

This paper draws attention to the need for a gender analysis of the South African government’s proposed new policy on international migration, by identifying a number of areas of implicit gender discrimination. Such “discrimination by default” is of more than academic relevance, having important implications for national and regional development. Research undertaken by the Southern African Migration Project indicates a growing “feminization” of migration to South Africa from the Southern African region, as well as gender-specific motives and patterns of migration. If migration is to be effectively managed, such realities must be taken into account. The paper concludes by advocating …

No. 02: The New South African Immigration Bill: A Legal Analysis, Jonathan Crush, Vincent Williams

Southern African Migration Programme

The Southern African Migration Project (SAMP) notes the promulgation of an Immigration Bill in Government Gazette Vol. 416 (No. 20889) on 15 February 2000 and the invitation to submit comments. SAMP supports the Department’s contention, implicit in the gazetting of a new Bill, that the Aliens Control Act is an unacceptable instrument for the sound and effective management of migration. The rescinding of the Aliens Control Act and its replacement by a new Immigration Act is therefore a matter of highest priority. However, it is equally important that such legislation is not rushed; that it is constitutionally-sound, implementable and cost-effective. …

The Ethics Of Taxation, Fred Foldvary

Faculty Publications

The judgment of taxation by ethical standards requires a universally applicable ethic. Such an ethic, natural moral law, can be derived using the Lockean framework based on equality. By this universal ethic, persons have property rights in their bodies and lives, and thus in their labor. The taxation of wages and of products of labor are therefore morally wrong. The equality premise, combined with the Lockean proviso on land, leads to the conclusion that public revenues may be justly obtained from the rental benefit of natural resources. Voluntary user fees and invasion penalties such as pollution charges are also morally …

Technology And Market Failure, Fred Foldvary, Daniel Klein

Faculty Publications

No abstract provided.

Indiana State University Financial Report 2001, Indiana State University

Financial Reports

No abstract provided.

Authority, Social Theories Of, Eduardo Zambrano

Economics

Authority is a relation that exists between individuals, in which one does as indicated by another what he or she would not do in the absence of such indication. With this as background, the article presents the ‘premodern’ notions of authority developed by Plato, Aristotle, Machiavelli, and Weber; and then the perspective given by Arendt, according to which these notions are grounded in an ontological tradition whose time has passed. This leads to the point of view of Lukes, according to which it is unavoidable that multiple perspectives exist in the understanding of authority. These perspectives are associated with the …

How Do I Teach Money Management Concepts To My Children?, Liz Gorham

All Archived Publications

No abstract provided.

How Do I Teach My Children About Saving And Borrowing Money?, Liz Gorham

All Archived Publications

No abstract provided.

How Can I Protect Myself From Credit Card Fraud?, Liz Gorham

All Archived Publications

No abstract provided.

No. 21: Cross-Border Raiding And Community Conflict In The Lesotho-South African Border Zone, Gary Kynoch, Theresa Ulicki, Tsepang Cekwane, Booi Mohapi, Mampolokeng Mohapi, Ntsoaki Phakisi, Palesa Seithleko

Southern African Migration Programme

Movement backwards and forwards across borders for work is often considered to be the primary form of unauthorized movement in Southern Africa. In southern Lesotho, a new and particularly dangerous form of two-way cross-border movement has become entrenched. This situation warrants the label “crisis”; a crisis which is devastating parts of the countryside in both Lesotho and the northern Eastern Cape Province of South Africa.

Media and official attention has focused on the extreme violence which accompanies cross-border stock raiding. This paper seeks to understand the social and economic roots and impacts of cross-border stock theft. Such an analysis is …

Preference Areas And Intra-Product Specialization, Sven W. Arndt

CMC Faculty Publications and Research

The theory of preferential trade liberalizations has traditionally focused on trade in final products rather than components and parts. It has also seen such agreements in the main as trade agreements, although its insights have been applied successfully to the creation of Europe's Single Market, the so-called "Europe 1992" project. It has tended as well to focus on agreements involving countries at relatively similar stages of economic development. Inauguration of the North American Free Trade Agreement (NAFTA), on the other hand, has drawn attention to trade in components, to regional investment liberalization, and to preferential agreements linking developed and developing …

Domestic Public Debt In Egypt: Magnitude, Structure, And Consequences, Gouda Abdel-Khalek

Faculty Book Chapters

[abstract not provided]

2001-5 Displaced Workers, Early Leavers, And Re-Employment Wages, Audra J. Bowlus, Lars Vilhuber

Centre for Human Capital and Productivity. CHCP Working Papers

No abstract provided.

2001-4 Understanding Educational Outcomes Of Students From Low Income Families: Evidence From A Liberal Arts College With A Full Tuition Subsidy Program, Todd R. Stinebrickner, Ralph Stinebrickner

Centre for Human Capital and Productivity. CHCP Working Papers

No abstract provided.

2001-3 Peer Effects Among Students From Disadvantaged Backgrounds, Todd R. Stinebrickner, Ralph Stinebrickner

Centre for Human Capital and Productivity. CHCP Working Papers

No abstract provided.

2001-2 Time Use And College Outcomes, Todd R. Stinebrickner, Ralph Stinebrickner

Centre for Human Capital and Productivity. CHCP Working Papers

No abstract provided.

2001-1 Working During School And Academic Performance, Todd R. Stinebrickner, Ralph Stinebrickner

Centre for Human Capital and Productivity. CHCP Working Papers

No abstract provided.

2001-05 Intra-Sector Mobility And Specific Inputs In Tax-Incidence Theory, Kul B. Bhatia

Department of Economics Research Reports

No abstract provided.

2001-04 Skidelsky's Keynes: A Review Essay, David Laidler

Department of Economics Research Reports

No abstract provided.

2001-03 Phillips In Retrospect, David Laidler

Department of Economics Research Reports

No abstract provided.

2001-02 Public Profit Sharing, Ronnie Schoeb

Department of Economics Research Reports

No abstract provided.

2001-01 From Bimetallism To Monetarism: The Shifting Political Affiliation Of The Quantity Theory, David Laidler

Department of Economics Research Reports

No abstract provided.