Economics Commons^™

Revolutionary Critical Pedagogy For A Socialist Society: A Manifesto, Peter Mclaren

Education Faculty Articles and Research

"As advocates of revolutionary critical pedagogy, we stand at the turning point in this process. Critical pedagogy is an approach that we have chosen as a necessary (albeit insufficient) vehicle for transforming the world. The work that we do has been adapted from the pathfinding contributions of the late Brazilian educator, Paulo Freire, whose development of pedagogies of the oppressed helped to lay the foundations for approaches (feminist, post-structuralist, Marxist) to teaching and learning that utilizes the life experiences of students in and outside of traditional classrooms to build spaces of dialogue and dialectical thinking. We have renamed our critical …

Macroeconomics After The Great Recession: Consensus Or Conflict?, Hailiang Xu

Electronic Theses and Dissertations

Unlike microeconomics where there are relatively few disagreements, the field of macroeconomics has always been the arena of several competing theories. Despite that history of conflict, in the late 1980s during the Great Moderation, the New Classicals and the New Keynesians reached an agreement, known as the New Consensus during the Great Moderation. For decades, the New Consensus has dominated macroeconomic theory and policymaking not only in the U.S., but also throughout the world. After many years of calm, however, the 2007-2008 subprime mortgage crisis and its consequent Great Recession demonstrated that how fragile that consensus was.

While the debate …

A Mixed-Methods Study Of Resident Readiness, Engagement, And Relocation During Mixed-Income Redevelopment, Laurie A. Walker

Electronic Theses and Dissertations

Since 1990, the Department of Housing and Urban Development (HUD) has supported mixed-income redevelopment (MIR) strategies to address the problems of concentrated urban poverty neighborhoods with traditional public housing structures. This study focused on two neighborhoods in Denver, Colorado, with more than 38% of the residents living in poverty, which are facing transit-oriented MIR in the coming years. Residents in both neighborhoods have engaged in formal planning processes and community organizing as a way to be prepared for the change.

The study posed three research questions: (1) what predicts a community's readiness for MIR, (2) what predicts resident involvement as …

The Social Determinants Of Hiv/Aids In Cambodia: Is It Too Early To Call Micro Medical Efforts A Success?, Matthew Aaron Sherwood

Electronic Theses and Dissertations

Cambodia, a least developed country (LDC) with a recent history of civil war and genocide, has been widely considered to be a success story when it comes to the fight against HIV/AIDS. Within a few years of the first HIV positive blood test in the kingdom in 1991, it quickly became the country with the highest prevalence in the region, with estimates of as many as 4% of the population being infected at one point.

In recent years, Cambodia's HIV/AIDS infection rates have plummeted to below 1%, with most of the credit being given to the implementation of micro-medical measures, …

Products Of Their Environment? Nuclear Proliferation And The Emerging Multipolar International System, Jonathan David Moore

Electronic Theses and Dissertations

The world is shifting from a unipolar system following the end of the Cold War to a multipolar system that is ushered in by "the rise of the rest." This change in the global structure has led some analysts to predict an increase in nuclear weapons proliferation caused by increased uncertainty and a decrease in alliances and security assurances. Nuclear proliferation, however, will not increase because these types of predictions are founded upon realist assumptions that inaccurately predict the characteristics of the emerging multipolar system as well as inaccurately understanding calculations of states with regard to nuclear weapons programs. I …

Specialty Service Lines In The United States Hospital System: Old Wine, New Bottles, Michael Sajovetz

Electronic Theses and Dissertations

The emergence of specialty service lines in the United States health care system presents many significant questions regarding the access to, provision of, and financing of healthcare. In general terms, specialty service lines represent the newest development in several important trends in the American hospital system and reflect important trends in the wider economy. Many claims have been made regarding the effect of physician-owned specialty hospitals, from their exemption from self-referral prohibitions, their diversion of services away from general hospitals that use high profit margins to subsidize the "safety net," and concerns regarding the over-provision of technologically complex treatments in …

Animal Welfare: Perceptions Of Nonmetropolitan Nebraskans: 2011 Nebraska Rural Poll Results, Rebecca J. Vogt, Randolph L. Cantrell, Bradley Lubben, Connie Reimers-Hild

Nebraska Rural Poll

Almost all rural Nebraskans recognize the importance of livestock and poultry production to the state’s economy and most rural Nebraskans are familiar with livestock care practices. In fact, many rural Nebraskans have experience raising beef cattle, poultry and swine. They have less experience with dairy production.

Most rural Nebraskans believe animal welfare means providing adequate exercise, space and social activities for the animals in addition to food, water and shelter. However, the vast majority of rural Nebraskans agree that animal welfare means at least providing adequate food, water and shelter to livestock animals.

Most rural Nebraskans trust livestock farmers and …

Quality Of Life In Nonmetropolitan Nebraska: 2011 Nebraska Rural Poll Results, Rebecca J. Vogt, Randolph L. Cantrell, Bradley D. Lubben, Connie Reimers-Hild

Nebraska Rural Poll

Most rural Nebraskans are positive about their current situation. And, they continue to be generally positive about their future situation. Over one-half (52%) of rural Nebraskans think they are better off than they were five years ago and just under one-half (45%) think they will be better off ten years from now.

Certain groups remain pessimistic about their situation. Persons with lower household incomes, older persons, persons with lower educational levels and persons who are divorced or separated are the groups most likely to be pessimistic about the present and the future.

When asked if they believe people are powerless …

Social Networks, Neighborhood Effects, And Credit Access: Evidence From Rural Guatemala, Bruce Wydick, Harmony Karp Hayes, Sarah Hilliker Kempf

Economics Faculty Publications

We measure the extent to which social networks determine sources of credit from a survey of 465 households in western Guatemala. We estimate correlated, contextual and endogenous effects of networks at the neighborhood, church, and village levels, finding that church networks display endogenous effects in credit access. We calculate an elasticity of social imitation (ESI) indicating if the percentage of people accessing microfinance in a church network doubles, the probability of an individual household accessing microfinance increases by 14.1 percent, a magnitude similar to our estimated ESIs for televisions and cell phones within church and neighbor networks.

Microfinance And Home Improvement: Using Retrospective Panel Data To Measure Program Effects On Fundamental Events, Craig Mcintosh, Gonzalo Villaran, Bruce Wydick

Economics Faculty Publications

Rigorously estimating the effects of development programs is notoriously difficult. In this paper we present a methodology that borrows from "event studies" commonly used in the finance literature to ascertain the impacts of corporate mergers. In our RETRAFECT methodology a retrospective panel data set is created based on “fundamental” events in the history of surveyed households, events that are discrete, unforgettable, and important to welfare. Based on the relationship between the changes in the estimated probabilities of these events and the timing of the introduction and uptake of a treatment, it is possible to ascertain if the probability of these …

The Economics Of Parenting, Self-Esteem, And Academic Performance: Theory And A Test, Rajeev Darolia, Bruce Wydick

Economics Faculty Publications

This paper develops a theory about how signals sent to a child by an altruistic parent affect a child's self-esteem, effort and long-term performance when a parent has better information about child ability than children do themselves. We carry out OLS, 2SLS, and 3SLS estimations of our model on a sample of 651 college students. Our results show some complementary actions before college, such as parental praise, foster academic achievement above what natural ability would predict. Conversely, we find some substitutionary actions before college, such as providing them cars as gifts, are associated with lower effort in college and underachievement. …

Using Drew Carey In The Classroom, Matthew J. Holian

Faculty Publications

This teaching note describes how to use Drew Carey’s short public policy documentaries in the classroom, and as part of a writing assignment for an introductory microeconomics class. Students are challenged to identify the core microeconomic concepts that are relevant to real-world policy matters, including healthcare, immigration and jobs.

The Implications Of Quantity-Discounted Transportation Rates On Output Effects Of Discriminatory F.O.B. Pricing, Yeung-Nan Shieh

Faculty Publications

No abstract provided.

Metropolitan Growth Policies And New Housing Supply: Evidence From Australia's Capital Cities, Ralph B. Mclaughlin

Faculty Publications, Urban and Regional Planning

This paper empirically examines the relationship between house price change, metropolitan growth policies, and new housing supply in Australia's five major capital cities. Our hypothesis suggests capital cities with tighter regulations on new development will have fewer housing starts and price elasticities than those in less- regulated markets. The empirical procedure used in this paper utilises the Urban Growth Model of Housing Supply developed in Mayer and Somerville (2000a and 2000b) and employed in Zabel and Patterson (2006) by using quarterly data on housing approvals and house prices from 1996-2010. Data on metropolitan growth policies in Australia is borrowed from …

Breaking Trends And The Prebisch-Singer Hypothesis: A Further Investigation, Atanu Ghoshray, Mohitosh Kejriwal, Mark E. Wohar

Economics Faculty Proceedings & Presentations

This paper examines the Prebisch-Singer Hypothesis employing new time series procedures that are robust to the nature of persistence in the commodity price shocks, thereby obviating the need for unit root pretesting. Specifically, the procedures allow consistent estimation of the number of structural breaks in the trend function as well as facilitate the distinction between trend breaks and pure level shifts. In comparison with past studies, we find fewer cases of commodities that display negative trends thereby weakening the case for the Prebisch-Singer Hypothesis. Finally, a new set of powerful unit root tests allowing for structural breaks under both the …

Reversing Ethiopia's Intellectual Capital Flight, Asayehgn Desta

Collected Faculty Scholarship

Recently, the Ethiopian Government drafted a five year plan (2010 to 2015) to achieve the country’s economic growth. When Ethiopia’s Growth and Transformation plan was analyzed in light of the new growth theory and traced historically in terms of the push and pull factors that contributed to the flight of skilled Ethiopians to more advanced countries, it was found that over the years Ethiopia has funded the education of its nationals only to see them contributing to the growth of developed countries. Being stripped of skilled human capital, leaving it ill prepared to face globalization and survive in the new …

The Economics Of Health 2011-12, Department Of Economics

Werner Sichel Lecture Series

The 2011-12 Werner Sichel Lecture Series features six nationally recognized economists & medical specialists whose presentations will focus on the economics of health.The Sichel Series is directed by Professor Donald Meyer, and is cosponsored by the W. E. Upjohn Institute for Employment Research, College of Arts and Sciences, and the Medical Humanities Workgroup of WMU. It is named for longtime WMU economics professor, Dr. Werner Sichel, who retired in 2004.

Family Labor Participation And Child Care Decisions: The Role Of Grannies, Gema Zamarro

Education Reform Faculty and Graduate Students Publications

One of the most significant long term trends in the labor market in most OECD countries has been the increase in the proportion of working mothers. However, not all countries show the same pattern. Countries in Southern Europe (Italy, Greece and Spain) show an average participation rate of about 45% whereas the participation rates in Northern countries (Denmark, Sweden) are around 75%. The characteristics of child care systems also differ significantly across OECD countries. This along with the characteristics of the labor market may have led families to get the necessary social services in an alternative way, i.e. through grandmothers. …

Diamonds In The Rubble: The Women Of Haiti—Institutions, Gender Equity, And Human Development In Haiti, Tonia Warnecke, Andrew Padgett

Student-Faculty Collaborative Research Publications

Although Haiti's 2010 earthquake brought to light the inconceivable poverty existing in the Western Hemisphere, Haiti's struggle for economic development long pre-dated that earthquake. One problem in Haiti is the high level of gender inequity, and we argue that human development theory is the best mode for change. We provide a brief background of Haiti's economic development over the last several decades, along with the status of women's rights and gender-differentiated socioeconomic outcomes. We analyze the ways that policy neglect of gender equity in Haiti has contributed to failed economic development in the past. Finally, we identify ways that other …

No. 54: Medical Xenophobia: Zimbabwean Access To Health Services In South Africa, Jonathan Crush, Godfrey Tawodzera

Southern African Migration Programme

Medical xenophobia refers to the negative attitudes and practices of health sector professionals and employees towards migrants and refugees on the job. There is considerable evidence that many officials (especially the police, home affairs officials, refugee determination officers and customs agents) bring xenophobic attitudes with them when they come to work. Those in the “helping professions” (such as teachers, social workers and health care professionals) also come into contact with migrants and refugees in the course of their jobs. They have the power to withhold services and they can certainly influence the way in which those services are delivered. This …

Firm And Industry Effects In Accounting Versus Economic Profit Data, Matthew J. Holian, Ali M. Reza

Faculty Publications

This article presents estimates of firm and industry fixed-effects on profit rates for large US corporations, using both Economic Value Added (EVA), the popular measure of profits produced by Stern Stewart and Company, as well as simple (unadjusted) accounting measures as the dependent variable. We find that the improvement in explanatory power of the fixed-effect model is substantially greater when using EVA than has been documented with alternative measures.

State Of The Northwest Arkansas Region 2011 Report, Katherine A. Deck, Mervin Jebaraj

State of the Northwest Arkansas Region Report

The Center for Business and Economic Research presents the State of the Northwest Arkansas Region Report, an objective analysis of the area’s performance. The report reflects a broad approach to economic development and includes metrics related to innovation, quality of life, and health in addition to measures more often associated with the economy such as employment rates, business growth and income changes. The Northwest Arkansas region’s performance over time is measured and compared with the performance of the United States, Arkansas, and four peer regions: Lexington, Kentucky; Gainesville, Florida; Huntsville, Alabama; and Austin, Texas.

Economic Racism: A Look At The Black-White Income Gap, 1967-2001, Adam Wolfe

McNair Scholars Research Journal

This preliminary study draws upon previous research to analyze the black-white income gap in America by examining trends in mean and median household incomes, educational attainment, and unemployment rates from 1966-2001. I examine some historic themes to racism and how they persist through income inequality today. Through this research I hope to highlight that there is much work to do to minimize the economic marginalization of different races. Unequal incomes are evidence of such marginalization, which at times is unrecognized even by those who are being marginalized. In order to fully embrace being a land of opportunity, we must first …

Comparative Analysis Of Rural And Urban Start-Up Entrepreneurs, Hyunjeong Joo

Theses and Dissertations--Agricultural Economics

This study investigates the reasons for apparent differences in entrepreneurship rates in rural and urban areas using a Survey of Rural Kentucky Residents (SRKR) and the Panel Study of Entrepreneurial Dynamics (PSED) data. We estimate the determinants of dissimilar characteristics for rural and urban areas in two aspects: one is individual and contextual resources; the other is cultural tendencies of resources.

The results of the analysis suggest that the difference in available individual, economic, and social support resources does not explain the observed difference in entrepreneurship rate. The results also indicate that gender, ethnicity, income, and number of children in …

The Relationship Between Poverty And Crime: A Cross Section Analysis, Luke Fleming

Empirical Economic Bulletin, An Undergraduate Journal

This paper compares the crime rates, poverty rates, and other economic statistics to determine if there is a relationship amongst the variables. The highest crime rates per capita in the world exist in developing countries; these countries also have very high rates of poverty. Is it a coincidence, or is there actually some substance to these facts? Crime is a complicated issue, and other variables like education, healthcare, and housing have to be taken into consideration. The results indicate that there is a relationship between certain types of crime and poverty, and that income inequality is significant to all types …

The Importance Of Good Governance In Achieving Economic Growth For Developing Nations: An Analysis Of Sub-Saharan Africa, Karl Turner

Empirical Economic Bulletin, An Undergraduate Journal

This paper aims to expand on the idea that good governance is essential in sustaining growth in developing countries. I have chosen variables that are specific to determining the effect of good governance on sustained growth in several Sub-Saharan African nations. These variables will take into account the increased levels of corruption and manipulation that takes place in many of these regions. By analyzing different countries in Sub-Saharan Africa, I will be able to account for different economic and political conditions. My results show that although these countries differ in various aspects of macroeconomic policy, stable governance has been the …

A Comparative Analysis Of Development: Foreign Direct Investment And Remittances In Latin America, Jeffrey Denault

Empirical Economic Bulletin, An Undergraduate Journal

Economic growth in developing countries has long been thought to come from a variety of different economic factors. One of the most prevalent theories has been providing a country with high levels of foreign direct investment, encouraging the country to industrialize. Whilst there are obviously many other factors either inhibiting or encouraging a developing country’s growth, foreign direct investment has long been seen as the prime inflow of capital. However, in recent years, there has been a rapid increase in the transfer of funds to developing countries from migrant workers through remittances. This study explores the aggregate impact remittances have …

Foreign Aid And Growth In Select African Countries, Thomas Strong

Empirical Economic Bulletin, An Undergraduate Journal

This paper analyzes the effects of foreign aid on economic growth in a set of African countries. This paper differs from previous literature in several ways; this paper analyzes a small sample set of aid-receiving African countries of varying distances from the equator. This paper also uses the most up-to-date data available, which will provide an insight into the 21st century conditions. Previewing the empirical results, this paper determines that aid, in the form of technical cooperation grants, has a significant, positive impact on growth.

Distribution Shifts And Declines In Autonomous Consumption: A Great Recipe For A Great Recession, David Michael Peterson

Electronic Theses and Dissertations

The Great Recession has been drawing the attention of many due mainly to its global impact that has been considered very similar to the Great Depression. So have been the root causes. Among the competing explanations, the present study focuses on two of them that were the same factors - among others - to explain the root causes of the Great Depression: the dramatic shift in income distribution and the sudden drop in autonomous (or wealth-based) consumption. Accordingly the present study examines first, the role of income distribution shifts to demonstrate the fact that such a shift placed a significantly …

In The Aftermath Of The Financial Crisis Of 2008: What Have We Learned?, Luisa Blanco, Michael Crouch

School of Public Policy Working Papers

In the aftermath of the financial crisis and economic recession of 2008, it is important to reflect not only on its causes, but also on specific policies that can help countries to move towards sustained economic growth. This publication provides a compendium of lectures that intend to do this. The focus of the discussion is around the U.S. (first two chapters) and Latin America (last chapter), which enhances our understanding of the forces at play and the necessary policies that need to be implemented in different regions of the world. Dr. Lee Ohanian points to the strange differences between the …