Economics Commons^™

The Impact Of A Tuition Fee Policy In Scotland; Evidence From A Natural Experiment, Margot Hanley

Honors Papers

In this paper I investigate the relationship between tuition fees and enrollment in higher education; in particular, the effect that the abolishment of upfront tuition fees (which were replaced by a graduate payment scheme) in Scotland for Scottish students had on their enrollment rate into universities in England. Several explanations have been offered as to why tuition response might be relatively large. Tuition is the most visible college price, and it is the one that is most inescapable. College tuitions are conspicuous, and students are unusually conscious of them. Annual increases generally are well publicized and often debated publicly. In …

Narrowing The Gap: New Evidence On Earnings Differentials Based On Sexual Orientation, Mikayla Lytton

Honors Papers

Using General Social Survey data from 1989 to 2008, I estimate earnings differentials between heterosexual and queer workers. When following the model specified in earlier studies, I find that queer men earn between 11.6% less than their heterosexual counterparts and that queer women earned approximately 11.6% more than their heterosexual counterparts. When respecifying the model to account for the gender composition of individuals’ occupations, I find that queer men’s earnings are not statistically different from straight men’s earnings, and the earnings advantage enjoyed by queer women drops marginally, to 10.5%. This addition significantly improves upon the explanatory power of the …

Can In-Prison Interventions Affect Post-Release Outcomes? Evidence From Correctional Education Programs Based On An Econometric Analysis Of Recidivism, Jack Lucas Tilley

Honors Papers

This paper evaluates the impact of in-prison educational and vocational programs on recidivism among former inmates released from prisons in five different states during 1994. It is the first study to consider this particular topic using a subset of nationally representative data. Two sets of microeconometric analyses are performed in order to identify potential program effects. Initially, a basic multivariate framework is considered in which special consideration is given to problems of program heterogeneity; next, a propensity score matching (PSM) approach is used to address the issue of self-selection inherent in observational studies of this kind. The findings of this …

Proliferation Of Tail Risks And Policy Responses In The Eu Financial Markets, Lucjan Orlowski

WCBT Faculty Publications

This study draws attention to the proliferation of tail risks in financial markets prior to and during the course of the recent global financial crisis. It examines the level of tail risks in selected equity, interbank lending and foreign exchange markets in selected EU Member States in relation to the United States. The extent of tail risks is assessed by applying general error distribution (GED) parameterization in GARCH volatility tests of the examined variables. The empirical tests prove that tail risks were pronounced across all of the examined European financial markets throughout the crisis. They were also significant prior to …

Coastal Empire Economic Monitor, 4th Quarter, 2010, 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.

A Comparative Study Of The Performance, Macroeconomic Variables, And Firm's Specific Determinants Of Islamic And Non-Islamic Indices : The Malaysian Evidence., Mohamed Shikh Abu Baker Albaity

Student Works (2010-2019)

This thesis presents three related empirical studies on the performance and the long and short run dynamics between screened investment portfolio represented by Kuala Lumpur Syariah index (KLSI) and non-screened investment portfolio represented by Kuala Lumpur Composite index (KLCI) in Bursa Malaysia. The KLCI contains the largest 100 companies in Malaysia. This index facilitates as a barometer of the Malaysian economy while, the KLSI is the first Syariah compliant index in Bursa Malaysia. KLSI represents companies abiding to Islamic laws of transactions, which is determined by the scholars in the Shariah supervisory board employed by Bursa Malaysia. The KLCI represents …

Anomalous Diffusion In Trading Models., Sidiq Mohamad Khidzir

Student Works (2010-2019)

Econophysics is an interdisciplinary research field applying the mathematical methods of statistical physics to economics and finance. It emphasizes quantitative analysis of large amounts of economic and financial data as oppose to the more philosophical approach of political economics. A popular topic studied in econophysics is the distribution of wealth.Many models have been proposed to explain the trading dynamics [12,13] leading to the distribution of wealth universally observed in many countries. A more recent topic in econophysics is the movement of money studied by Brockmann in [19,20]. In this work, we are interested in studying the relation between the distribution …

Peranan Bank Negara Malaysia (Bnm) Dalam Melaksanakan Dasar Kewangan : Analisis Dari Perspektif Ekonomi Islam., Mohd Rizal Abdul Ghani

Student Works (2010-2019)

Bank Negara Malaysia (BNM) is an institution responsible for implementing monetary policy in Malaysia. In this case, BNM has been playing six major roles in discharging this important responsibility. The roles are to define the main objective of its monetary policy, to build a proper monetary policy framework, to identify a set of suitable monetary policy instruments, to analyze the recent monetary and economic conditions, to regulate the cost and the size of credit and lastly to influence the direction of credit. This research discusses those roles and analyzes them from the view of the Islamic economic perspective in order …

Menangani Kemiskinan Menurut Perspektif Hadith : Kajian Pelaksanaan Dan Keberkesanan Dasar Pembasmian Kemiskinan Oleh Perbadanan Islam Johor (Pij)., Halwa Remli

Student Works (2010-2019)

Researcha bout* Resolvingp overly in Hadith perspective:S urveying the implementationa nd effectivenesso f Poverty PreventR uling by PerbadananIs lam Johor (PID'. This dissertation is prepred for Al-Quran and Al-Hadith Departnent, Islamic StudiesA cademy,U niversity of Malay4 Kuala Lumpur, 2010. This researchis about the strategy to lnevent poverty as proposed by hadith. The writer is focusing mainly to poverty issue as it is still orn life nowadays. This issue will be resolvet o the best by using hadith as a main sourcei n the poverty managementT. he writer herebyh as chosenP eSadananIs lam Johor( PII) as a subjectt o exhact all …

Al-Athar Al-Waridah Fi Al-Buyu' Al-Ribawiyah Fi Musannaf 'Abd Al-Razzaq : Takhrij Wa-Ta'liq., Bahaeeddine Mohamed Nidious

Student Works (2010-2019)

This is the summary of the thesis submitted to the depa11tnent of al-Quran and al­Hadith in Academy Islam in University of Malaya for the Master Degree of Usuluddin. The researcher divided his research into 4 chapters stating in the first one the research problem, objectives, methodology, structure and previous studies, the researcher talked in the second chapter about Abd al-Razzaq and his book Al­Mussanaf, then the researcher defined in the third chapter al-Bay', al-Riha and their rules in Islam. Whereas the researcher examined in the fourth chapter the authenticity of al-Buyu' al-Ribawiyyah in the Book of Mussanaf Abd al-Razzaq, which …

Short Term Strategies For Long Term Power: The Rise And Potential Fall Of Hugo Chávez, Linden E.S. Schult

CMC Senior Theses

This thesis explores the route to power of Venezuela's President Hugo Chávez and the methods by which he has remained in power throughout his presidency. Also, it explores the potential for Chávez to lose power, given the current economic and political situation in Venezuela. The importance of the oil industry, Chávez's suppression of the opposition and control of the media, and constitutional changes and reforms are all discussed as keys to Chávez's continuance in power.

Moral Markets: The Critical Role Of Values In The Economy By Paul J. Zak (Book Review), Jonathan B. Wight

Economics Faculty Publications

This volume contains the fruits of a two-year seminar on ethics and economics funded by the John Templeton Foundation and administered through the Gruter Institute for Law and Behavioral Research. Participants came from the social sciences, natural sciences, and humanities, and included Nobel Laureate Vernon Smith and other figures such as Frans de Waal, Herbert Gintis, Robert Frank, and Robert Solomon (for whom the book is dedicated in memoriam). The book’s editor, Paul Zak, is a pioneer in the emerging field of neuroeconomics, which uses medical technology to discover the physiological manifestations of cooperative and altruistic behavior. A theme of …

China And Brazil: Potential Allies Or Just Brics In The Wall?, Anthony Petros Spanakos

Department of Political Science and Law Faculty Scholarship and Creative Works

Brazil is an increasingly important actor in global governance and for China specifically. Sino-Brazilian relations have deepened considerably but they remain concentrated in areas of trade and investment. There is also considerable overlap in interests between the two countries in other areas, such as diplomatic and political relations. At the same time, China must manage carefully important differences that exist over the enlargement of the UN and the potential challenge to the Brazilian industry.

Mexico Consensus Economic Forecast, Deborah L. Riner

Border Region Modeling Project

No abstract provided.

The Relationship Between Information Technology And Construction Productivity, Dong Zhai

University of Kentucky Doctoral Dissertations

Over the past decades, information technology has been impacting industries, economics, the way of life and even the culture throughout the world. Productivity has been attracting much attention as an important indicator of economics, and numerous researchers have investigated the relationship between information technology and productivity. Construction is one of the largest industries in the United States, but little research has been conducted to investigate the relationship between information technology and construction productivity.

The major objective of this dissertation is to determine the degree (if any) to which information technology usage, specifically the use of information technology to automate and …

The Impact Of Monetary Regimes On International Trade Are Eu Experiences Relevant For Asia?, Apanard P. Angkinand, Clas Wihlborg

Business Faculty Articles and Research

We extend much research that has been devoted to the effects of the European Monetary Union (EMU) on international trade by introducing monetary regime variables in bilateral export equations with the objective of capturing the effects on trade of changes in monetary regimes relative to the pure EMU effects. To make the analysis relevant from an Asian perspective trade effects of the EU’s internal markets are also separated from EMU effects. To identify these different effects we include three groups of countries in our sample: EMU countries which are also members of the EU, EU countries outside the EMU and …

Capm In Up And Down Markets: Evidence From Six European Emerging Markets, Jianhua Zhang, Clas Wihlborg

Business Faculty Articles and Research

The pricing of equity in six European emerging capital markets is analysed using both the conventional CAPM and a ‘conditional’ CAPM wherein up and down markets are separated. International influences on the stock markets are also analysed. The empirical evidence from a sample of 1,131 firms from the six markets indicates that there exists a significant relationship between beta and returns when up and down markets are separated. The international CAPM performs well in some markets that have become increasingly integrated with the world market. The general implication of the analysis is that beta can be a useful risk-measure for …

Exchange Rate Pass Through Into Domestic Prices In Mainland China, Xiangyu Zhang

Theses : Honours

The present study sets up an empirical framework to study the exchange rate pass through (ERPT) issue in China's domestic markets, within the Chinese economic reform period from 1978 till present. The results show a relative low degree of pass-through to consumer and retail prices, but high degree of pass-through to producer and purchasing prices. It suggests that the degree of ERPT tends to diminish along the price chain. In addition, the results also show an increasing trend of the degree of ERPT in recent years. The speed of price reaction to exchange rate shocks may be quicker in recent …

Behavioral Economics, Evolutionary Economics, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Behavioral economics and evolutionary economics: subject folder cover sheet. Anwar Shaikh, PhD. Unpublished archival folder cover sheet.
• Untitled working notes on individual firm cost behavior and capital-labor ratios, dated February 23, 2001. Anwar Shaikh, PhD. Unpublished handwritten manuscript.
• Note on micro to macro: macro structure from micro diversity, dated November 23, 2002. Anwar Shaikh, PhD. Unpublished handwritten manuscript.
• Zotero report: bibliography on behavioral and evolutionary economics. Compiler not identified. Unpublished bibliographic compilation.
• Zotero report: supplemental bibliography entry and quotations on Advances in Behavioral Economics, dated October 14, 2009. Compiler not identified. Unpublished bibliographic compilation.
• Sniekers, F. 2010. …

Asset Allocation For Retirement: Simple Heuristics And Target-Date Funds, Steven D. Dolvin, William K. Templeton, William Rieber

Scholarship and Professional Work - Business

We examine common asset allocation strategies for retirement investing, considering both static and dynamic approaches, as well as those allocation policies used by leading target-date fund providers. We studied the average performance of each strategy over historical rolling periods (that is, bootstrapping), using actual annual returns starting in 1926. Then we applied the simulation method to review potential future results, as well as to provide additional insight into the structure and characteristics of each approach. We find that, over time, certain static approaches are essentially equivalent to dynamic strategies that reduce equity exposure through time. Further, we find that most …

The Role And Significance Placed On Corporate Social Responsibility In The Hotel Industry In The South West Region Of Ireland., Shirley Millar

Theses

This research sets out to examine the concept of Corporate Social Responsibility in the context of the hotel industry, with a specific focus on Ireland and the South West Region. The study looked at the level of importance placed on CSR by both the hotel consumer and the hotel industry. The study also sought to determine the relevance of CSR as a source of competitive advantage

Interest in the practice of Corporate Social Responsibility (CSR) has become increasingly prominent in recent years. There has been a shift in practice from companies doing good to be seen to be doing good, …

Solving The Reemployment Puzzle: From Research To Policy, Stephen A. Wandner

Upjohn Press

Wandner examines the research and evaluation of U.S. employment and training programs over the past 25 years. He also discusses the impact such research can have and how misuse of research findings can hamper program effectiveness.

Costs Of Defending Against Rising Sea Levels And Flooding In Mid-Atlantic Metropolitan Coastal Areas: The Basic Issues, James V. Koch

Economics Faculty Publications

Rising ocean levels have resulted in increasingly severe flooding in numerous metropolitan coastal areas. What would it cost to minimize or eliminate such damage? Relatively little economic work has been done to provide an answer, at least partially because some authorities believe attempts to deal with flooding ultimately are futile. Further, discussions of funding always involve massive welfare transfers from the non-flooded to the flooded. The cost of erecting a single mile of new sea wall exceeds $35 million in 2009 dollars and annual maintenance costs range between 5 and 10 percent.

Deposit Insurance Coverage, Ownership, And Banks' Risk-Taking In Emerging Markets, Apanard P. Angkinand, Clas Wihlborg

Business Faculty Articles and Research

We ask how deposit insurance systems and ownership of banks affect the degree of market discipline on banks' risk-taking. Market discipline is determined by the extent of explicit deposit insurance, as well as by the credibility of non-insurance of groups of depositors and other creditors. Furthermore, market discipline depends on the ownership structure of banks and the responsiveness of bank managers to market incentives. An expected U-shaped relationship between explicit deposit insurance coverage and banks' risk-taking is influenced by country specific institutional factors, including bank ownership. We analyze specifically how government ownership, foreign ownership and shareholder rights affect the disciplinary …

Ua37/29 Gary Ransdell - Fed. Reserve Board - Gov. Duke's Speech, St. Louis Federal Reserve Board

Faculty/Staff Personal Papers

Email sent to members of the St. Louis Federal Reserve Board regarding Governor Elizabeth Duke's speech on the economic outlook before the Economic Forecast Forum in Raleigh, NC, Jan. 4, 2010.

Ua37/29 Gary Ransdell - Fed. Reserve Board - Ben Bernanke's Swearing In/Kevin Warsh's Speech & Op-Ed, St. Louis Federal Reserve Board

Faculty/Staff Personal Papers

Email sent to members of the St. Louis Federal Reserve Board excerpting remarks by Ben Bernanke at his swearing in; speech of Kevin Warsh before the New York Association for Business Economics and Warsh's op-ed piece in the Financial Times.

Forecasting Tourist Arrivals To The Bahamas Using Error Correction Models, Jacky Sharon Charles

Open Access Theses & Dissertations

Tourism is the major domestic export for many countries in the Caribbean region. Given this, the variables which influence tourism demand in this region, as well as accurate forecasts, can assist policy makers in their planning efforts and growth strategies. This study utilizes error correction models (ECMs) to analyze tourism demand in the Bahamas. This is the first empirical attempt to estimate ECMs for tourism demand in the Caribbean region. Findings suggest that income and habit persistence/word of mouth advertising are the primary determinants of tourism demand in the Bahamas, while the cost of travel is generally insignificant. To assess …

Empirical Evidence On Regulatory Burdens And International Income Performance, Enedina Licerio

Open Access Theses & Dissertations

This paper analyzes the effects of regulatory burdens on per capita national income (GNI) and the potential increases in GNI that can result from deregulation. Previous research indicates that a rigid regulatory environment hampers income performance. The availability of more recent data and the addition of several new indices by the World Bank now permits a broader analysis of regulatory burdens and income performance to be undertaken. Simulations are conducted to quantify potential impacts of deregulation and greater transparency on income performance. Results show that sizeable income gains can result from deregulation.

Housing Attribute Preferences In El Paso, Emmanuel Villalobos

Open Access Theses & Dissertations

This study uses twenty-two explanatory variables and a stratified random sample of 562 housing units to estimate a hedonic pricing model for the El Paso housing market. Previous studies report that structural characteristics are more influential than locational factors in home valuation. Results obtained indicate that list price reacts more elastically to a home's structural characteristics than to its locational factors. In this study indirect evidence of the importance of international commerce in El Paso is documented. Whether the results reported are unique to a large border economy like El Paso is unknown.

Microstructure And Property Evaluation Of Lifepo4 Thin Films For Application In Microbatteries, Jose Marcos Mares

Open Access Theses & Dissertations

The shortage of fossil fuels and the requirements to produce clean, environmental friendly, efficient, and economical energy are the principal problems in the context of energy technology for current and future generations. Therefore, advanced energy storage and conversion capabilities with higher capacity and efficiency are desired. Currently, there is an enormous interest in the development of high energy density rechargeable batteries for use in domestic applications, automotive industries and portable electronic applications. The present research focuses on the development of LiFePO4 thin films for solid-state thin-film microbatteries. The present effort was performed with a specific purpose of understanding the effect …