Economics Commons^™

Hot Potato: Who Will End Up Paying For Open Access?, Sue Ann Gardner

University of Nebraska-Lincoln Libraries: Faculty Publications

Open access to scholarly content is increasing, and will continue to do so. This phenomenon is driving the economics of publishing to change dramatically. The question is: what will the economics of open access look like when this correction settles into a sustainable model? I will cover some of the ideas that have recently been articulated by economists, information professionals and others regarding retooling the evolving publishing business model, and will present some proposed solutions to the problem of “who is going to pay for it?”

Stubborn Unemployment And Employment Vulnerability In The Midst Of Economic Growth: The Philippine Case, Emily Christi A. Cabegin, Lawrence B. Dacuycuy, Michael M. Alba

Angelo King Institute for Economic and Business Studies (AKI)

The Philippines was ushered into the new millennium with an economic expansion associated with domestic labor market conditions, unlike those of the last decade of the twentieth century. Characterized by a worsening, even-though-already-high, open unemployment rate and underemployment and a persistently pervasive vulnerable employment, the economy provided a bleak picture for workers in marked contrast to the more inclusive nature of the growth episode in the 1990s (before the Asian financial crisis).

Do Good Things Come Out After Recessions? The Productivity-Business Cycle Interaction, Michael M. Alba, Lawrence B. Dacuycuy

Angelo King Institute for Economic and Business Studies (AKI)

For the past two decades, the Philippines has endured a wave of recessions, events that technically represent fluctuations in economic activity. While some of these recessions have been shallow, resulting in minor deviations from where our economy should be, some have been deep and devastating like the ones that occurred during the last years of the Marcos regime.

Public-Private Partnerships: Lessons Learned From A Partnership: Consolidated Contractors Company And The Morganti Group Inc. (Ccc/Morganti), Al-Balqa’ Applied University (Bau)/Al-Huson University College (Ahuc) And The Usaid Jordan Economic Development Program, Hussien Al-Wedyan, Terry S. Lane, David Lowther, Gwen El Sawi

Center for Social Policy Publications

This paper describes a Public-Private Partnership that brings together: Al-Balqa’ Applied University/Al-Huson University College (AHUC); Consolidated Contractors Company and the Morganti Group Inc. (CCC/MORGANTI); Al-Huson Career Development Center (CDC); and USAID Jordan Economic Development Program (SABEQ). The Partnership enhances CCC/MORGANTI with its corporate responsibility initiative in Jordan as well as addressing CCC/MORGANTI’s labor force needs from Jordan and in the MENA Region. The lessons learned from the process of developing this partnership may be applied to other potential and emerging partnerships in other sectors. The paper draws on principles and best Education and Training Public/Private Partnerships Improved Workforce Demand-Driven Skills …

Why It’S Harder (And Different) For Single Mothers: Gender, Motherhood, Labor Markets And Public Work Supports, Randy Albelda

Center for Social Policy Publications

This paper focuses on low-wage work and single mothers. I begin with a typical example of early 20th century research on low-wage workers as it helps provides both an historical explanation for women’s earnings and employment situation over much of the 20th century and important insights into new directions for research and advocacy. Following that, I tease apart the distinctions between having low wages and being low income, particularly as these apply to single mothers. I then detail the resource base for single mothers which entails the complex relationship between family structure and obligations, earnings and employment benefits, and public …

Podcast: Economic Expressions: A Conversation With The Economist Julie Nelson, Julie A. Nelson

Economics Faculty Publication Series

No abstract provided.

A Response To Bruni And Sugden, Julie A. Nelson

Economics Faculty Publication Series

An article by Luigino Bruni and Robert Sugden published in this journal argues that market relations contain elements of what they call ‘fraternity’. This Response demonstrates that my own views on interpersonal relations and markets – which originated in the feminist analysis of caring labour – are far closer to Bruni and Sugden's than they acknowledge in their article, and goes on to discuss additional important dimensions of sociality that they neglect.

Recession Grips The Bay State, Alan Clayton-Matthews

Public Policy and Public Affairs Faculty Publication Series

Economic activity in Massachusetts is on the decline. According to the current economic index, real gross state domestic product grew at only a 0.6 percent annual rate in the third quarter, and the leading index is predicting that the state’s economy will decline at a 1.5 percent annual rate over the six months november 2008 through april 2009. Massachusetts is in a recession.

Brokering Up: The Role Of Temporary Staffing In Overcoming Labor Market Barriers, Françoise Carré, Brandynn Holgate, Helen Levine, Mandira Kala

Center for Social Policy Publications

Alternative Staffing Organizations (ASOs) are social-purpose businesses created by community-based organizations and national nonprofits to “broker up” job seekers, starting with temporary assignments and forming bridges to better jobs. Funded by the C. S. Mott Foundation, the Alternative Staffing Demonstration examined four ASOs around the country for a three-year research project, with 18 months of close monitoring, exploring, and assessing the ASO model. The Center for Social Policy studied how ASOs structure the services they provide, handle day-to-day management issues, and sell their services. We found the ASO model was variously adapted to generate short-term employment, build work experience, provide …

An End In Itself And A Means To Good Ends: Why Income Equality Is Important, Arthur Macewan

Center for Social Policy Publications

In recent years “poverty reduction” has become the watchword in development agencies, in international lending institutions, and among development economists generally. The focus on poverty reduction reached a high point perhaps with the articulation of the Millennium Development Goals (MDGs) and with the extensive analytic work that has accompanied the MDGs. Yet, much of the discussion of poverty reduction and economic development in low and middle income countries has either ignored the issue of income distribution or has tended to view income distribution only in terms of its impact on economic growth.

Poverty and inequality, however, are intimately bound up …

Single Mothers And Other Low Earners: Policy Routes To Adequate Wages, Hilda Kahne, Zachary Mabel

Center for Social Policy Publications

This paper addresses the employment environment within which poor single mothers and other low-wage earners work, and identifies policies to foster economic advancement. Low-wage status, often resulting from minimal education and skills, is reinforced by irregular work schedules and more frequent unemployment periods. Despite recent rises in national productivity, low-wage advancement opportunities remain limited and inequality in family income distribution is growing. New policies are needed to extend low-earner career potential.

The paper highlights particularly effective experience of three approaches that enhance earnings of single mothers and other low-wage earners – workforce intermediaries that promote specific job advancement programs, community …

The Rise Of Private Equity Media Ownership In The United States: A Public Interest Perspective, Matthew Crain

Publications and Research

This article examines the logic, scope, and implications of the influx of private equity takeovers in the United States media sector in the last decade. The strategies and aims of private equity firms are explained in the context of the financial landscape that has allowed them to flourish; their aggressive expansion into media ownership is outlined in detail. Particular attention is paid to the public interest concerns raised by private equity media ownership relating to the frenzied nature of the buyout market, profit maximization strategies, and the heavy debt burdens imposed on acquired firms. The article concludes with discussion of …

Coastal Empire Economic Monitor, 1st Quarter, 2009, Armstrong Atlantic State University Center For Regional Analysis

Coastal Empire Economic Monitor

The Coastal Empire Economic Indicators are designed to provide continuously updating quarterly snapshots of the Savannah Metropolitan Statistical Area economy. The coincident index measures the current economic heartbeat of the region. The leading index provides a short term forecast of the region’s economic activity in six to nine months.

Hail To The Chief: Assessing The Economic Impact Of Presidential Inaugurations On The Washington, D.C. Local Economy, Robert Baumann, Bryan Engelhardt, Victor Matheson

Economics Department Working Papers

While presidential inaugurations routinely attract hundreds of thousands or more visitors to Washington, D.C. for the quadrennial celebration, our examination of employment from the Current Employment Statistics survey from 1939 to the present and both employment and unemployment from the Current Population Survey from 1977 to the present finds no noticeable effect on either variable from the event. The residents of D.C. should not expect the inauguration to make them any richer, and the city should not count on any economic benefits generated by the event to fully pay for the significant costs of hosting it.

Sustainable Development And Exhaustible Resources: The Case Of Bauxite Mining In Vietnam, Hoa Hoang

Masters Culminating Experiences (1993-2011)

In 2007, the Vietnamese government declared an ambitious master plan to extract its bauxite resources, mainly concentrated in the Central Highlands. The impact of bauxite mining on the livelihoods of indigenous people and the macroeconomy have been debated by many scientists, economists, environmentalists, and journalists, both in Vietnam and among the Vietnamese who live overseas. From a holistic perspective to sustainable development, this paper analyzes the potential impacts of the Tan Rai and Nhan Co bauxite mining and alumina refining projects, the major part of the Vietnamese government’s master plan. At a macroeconomic level, the possible occurrence of the “resource …

An Investigation Into The Forecasting Methods Of Dayton Power And Light, Andrew John Gleason

Masters Culminating Experiences (1993-2011)

Dayton Power and Light commissioned this capstone project to test DP&L’s hypothesis that individual forecasting models for each of its different customer classes when combined will generate a better forecast of total load than their current practice of using one model that does not make a distinction between the electrical use of different customer classes. This hypothesis was based on the observable fact that a change in weather does not create a change in electrical consumption equal across all customer classes. Forecasting models were created for each customer class within the data limitations. A forecasting model for total load was …

Gaming In Massachusetts: Can Casinos Bring 'Good Jobs' To The Commonwealth?, Marlene Kim, Susan Moir, Anneta Argyres

Labor Resource Center Publications

This study examines the quality of jobs in the United States gaming industry and analyzes enabling legislation in five states that have legalized gaming. The authors find that the gaming industry -- particularly the unionized sector of the casino hotel industry -- provides good jobs with good wages and benefits for workers with less than a high school degree. The authors conlcude that workforce development efforts in Masschusetts must include strategies to address improving the quality of entry-level jobs.

Price Dispersion With Directed Search, Gabriele Camera, Cemil Selcuk

Economics Faculty Articles and Research

We present a model that generates empirically plausible price distributions in directed search equilibrium. There are many identical buyers and many identical capacity-constrained sellers who post prices. These prices can be renegotiated to some degree and the outcome depends on the number of buyers who want to purchase the good. In equilibrium all sellers post the same price, demand is randomly distributed, and there is sale price dispersion. Prices and distributions depend on market tightness and on the properties of renegotiation outcomes. In a labor market context, the model generates a strong empirical prediction. If workers can renegotiate the posted …

Monetary Equilibrium And The Differentiability Of The Value Function, C. D. Aliprantis, Gabriele Camera, F. Ruscitti

Economics Faculty Articles and Research

In this study we offer a new approach to proving the differentiability of the value function, which complements and extends the literature on dynamic programming. This result is then applied to the analysis of equilibrium in the recent class of monetary economies developed in [Lagos, R., Wright, R., 2005. A unified framework for monetary theory and policy analysis. journal of Political Economy 113, 463-484]. For this type of environments we demonstrate that the value function is differentiable and this guarantees that the marginal value of money balances is well defined.

Nepa And The Dynamics Of Public Participation In The Environmental Review Process: An Analysis Of The Northmet (Polymet) Mining Project Near Hoyt Lakes Minnesota, Amber Neumann

Political Science Theses and Capstones

Hypothesis: That comments collected from agency “experts” during the scoping phase of the National Environmental Policy Act (NEPA) process would be disproportionately represented as changes in subsequent drafts of NorthMet’s Environmental Impact Statement (EIS).

Methods: Tabular analysis of data collected from the Minnesota DNR publication of Response to the Public Scoping Projects PolyMet Mining Inc.; NorthMet Project. 2005

Results: There is an excellent cross section of comment sources represented in changes to subsequent drafts of NorthMet’s EIS. A lot of overlap exists between various types of participants and their concerns, resulting in many of the successful comments stemming from …

Ch. 4 Production Notes, Data, Calculation, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A., PhD. Production and costs [Unpublished manuscript].
• Shaikh, A., PhD. Costs and competition notes [Unpublished manuscript].
• Brannon, I. (2009). Nudge: Improving decisions about health, wealth, and happiness [Review of the book Nudge: Improving decisions about health, wealth, and happiness, by R. H. Thaler & C. R. Sunstein]. Cato Journal.
• Kauder, E. (1965). A history of marginal utility theory. Princeton University Press.
• Shaikh, A., PhD. Production in neoclassical economics [Unpublished manuscript].
• Shaikh, A., PhD. Appendix 4.1: Production flows in classical and conventional national accounts [Unpublished manuscript].
• Shaikh, A., PhD. [Handwritten calculation notes on production, costs, and shift …

Competition And Interest Rates Lecture Notes, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Competition and the theory of interest rates by Anwar Shaikh (Unpublished manuscript, April 27, 2009) (p. 2)
• Theories of interest rates by Anwar Shaikh (Unpublished manuscript, May 14, 2008) (p. 16)
• Calculating bond ROR by Anwar Shaikh (Unpublished handwritten notes, August 12, unknown year) (p. 43).

An Exploratory Study Of Financial Remittances Among Non-Resident Indians In The United States, Rupayan Gupta, S Aaron Hegde

Business Faculty Publications

Remittances by immigrants and temporary workers of Indian origin in industrialized countries are a growing part of India’s economy. In this exploratory study we examine the social and economic characteristics affecting the remittance pattern of working households (or families) of Indian origin residing in the United States. As most previous studies have been undertaken at the macroeconomic level, our main contribution lies in identifying the household level factors that may influence remittances. Using an online and a mail-in survey of 39 households we find some of the significant factors affecting remittances. We also validate some of the remittance related policies …

An Empirical Analysis Of The Link Between Entrepreneurship And Economic Growth In West Virginia, Maribel N. Mojica, Tesfa Gebremedhin, Peter V. Schaeffer

Regional Research Institute Working Papers

Entrepreneurship variables constructed from county-level proprietorship and firm birth data were included in an endogenous growth model to determine the relationship between entrepreneurship and economic growth in West Virginia. The empirical estimates using weighted least squares (WLS) and 2-stage least squares (2SLS) regressions generally show empirical evidence regarding the positive contribution of entrepreneurial activity to economic growth. Counties with more proprietors and business start ups exhibited higher growths in population and employment growth compared to less entrepreneurial counties. However, none of the entrepreneurship variables used in the study is statistically significant in determining per capita income growth.

A County-Level Assessment Of Entrepreneurship And Economic Growth In Appalachia Using Simultaneous Equations, Maribel N. Mojica, Tesfa Gebremedhin, Peter V. Schaeffer

Regional Research Institute Working Papers

This study provides evidence of the contribution of entrepreneurship to economic development in Appalachia. Using data on Appalachian counties, a system of simultaneous equations is empirically estimated to measure the effects of entrepreneurship on economic growth and development. We present an expanded Carlino-Mills growth model using changes in population, employment, and per capita income to represent growth. The goal of the investigation is to increase the understanding of entrepreneurship’s contributions to economic growth, and its potential as a development strategy for a region, such as Appalachia, that is characterized by poverty and underdevelopment. The results show that start-up businesses contribute …

Linking Tourism Resources And Local Economic Benefits: A Spatial Analysis In West Virginia, Jinyang Deng, David Dyre

Regional Research Institute Working Papers

Tourism has been playing an increasingly important role in the economic development and promotion for the state of West Virginia. However, how tourism resources are spatially distributed across all the state’s 55 counties has not received much attention. This study could be among the first in West Virginia to create a tourism resource inventory database at the county level, and to spatially examine tourism resource distribution patterns across all counties, based on the tourism resource quantity measured by size, length, or number, as well as on the quality determined by the Analytic Hierarchy Process (AHP) through surveys of 191 visitors. …

Who Creates Waste? Different Perspectives On Waste Attribution In A Regional Economy, Christa D. Jensen, Stuart Mcintyre, Max Munday, Karen Turner

Regional Research Institute Working Papers

We use a regional input output (IO) framework and data derived on waste generation by industry to examine regional accountability. In addition to estimating a series of industry waste-output coefficients, the paper considers a series of methods for waste attribution, and practical use for policymakers. The paper first considers perspectives on attribution of domestic waste generation using basic Type I and Type II industry multipliers, and also compares these with multipliers derived from a trade endogenised linear attribution system (TELAS) which permits a greater focus on private and public final consumption as the main exogenous driver of waste generation in …

Constructing A Baseline Input-Output Model With Environmental Accounts (Ioea), Taelim Choi, Randall Jackson, Nancey Green Leigh

Regional Research Institute Working Papers

This paper reports our efforts to construct a baseline input-output model with environmental accounts for use in modeling geographically specific e-waste recycling systems. We address conceptual and practical issues that arise when recyclable end-of-life commodities and related activities are incorporated in the traditional input-output model including: 1) shortcomings of existing industry and commodity accounts that do not represent recycling activities and recyclable end-of-life products explicitly; 2) accounting challenges related to flows of end-of-life products observed mainly in physical volumes; and 3) valuing end-of-life products whose transactions prices vary widely. These three issues complicate the incorporation of end-of-life commodities within the …

Department Of Economics Newsletter, V15, Winter 2009, University Of Northern Iowa. Department Of Economics.

Department of Economics Newsletter

Inside This Issue:
--Scholarship News
--Scholarship Fete
--Law & Graduate School Application Help
--Alumni News
--Economics Club
--Alumni-in-Residence
--Graduation
--Russia 2008
--Competitions
--UNI Team Enters Fed Challenge
--Economics and...
--Commentaries From Faculty
--Housing the Bubble Burst
--Agricultural Externalities and House Values
--Faculty Awards
--Professional Development Assignments
--From Our Emeritus Faculty
--Shortcuts
--Faculty Notes...as They Report it!
--Dave Hakes' New House: Part II
--More News From F.
--Flooding in Cedar Falls
--Our Economists
--Future Economists?

Ketimpangan Antardaerah, Desentralisasi Dan Eksistensi Korupsi Di Indonesia, I Wayan Sukadana

Jurnal Ekonomi dan Pembangunan Indonesia

Decentralization has been implemented for eight years. However, corruption has not been lessened yet within the decentralization era. Bad regulations and investment climate are suspected to be a cause of the situations. Good regulation and investment climate appear if the interjurisdictional competitions exist. The incentive for competition is the equality of economic endowment among regions, or each region has their own tradeable "technology" that comparable to others. Inequality in "technology" implies that the region with rich "technology" is more attractive eventhough there are bad regulation and the investment climate. In contrary, in region with less "technology", corruption will appear because …