Economics Commons^™

Nutrition Political Economy, Pakistan. Provincial Report: Balochistan., Shehla Zaidi, Zulfiqar Ahmed Bhutta, Suleman Qazi, Gul Nawaz, Noorya Hayat, Shandana Khan Mohmand, Andres Mejia Acosta

Community Health Sciences

No abstract provided.

Evaluating The Effectiveness Of Cooling Measures On Property Prices: An Exploration Of Alternative Econometric Techniques, Kuo Chuen Lee, Sock Yong Phang, Kok Fai Phoon, Karol Wee

Research Collection Lee Kong Chian School Of Business

No abstract provided.

Three Essays On Social Health Insurance In Developing Countries: The Case Study Of Ghana, Stephen Ofori Abrokwah

Dissertations

More than 2 billion people live in developing countries with health systems constrained by inequitable access and inadequate funding. The World Health Organization estimates that more than 150 million of these people suffer financial breakdown every year having to make unexpected out-of-pocket expenditures for emergency care.

To improve health and reduce the financial burden on households, a number of developing countries, including Ghana, Colombia, and Peru, have recently introduced social health insurance programs which are heavily subsidized. The dissertation is a collection of three essays looking at how individual health care choices changed as a result of the availability of …

Measuring The Environmental Cost Of Hypocrisy, Elliot Jordan Anderson

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

This thesis proposes a method for quantifying hypocrisy's environmental costs. The question naturally arises, why attempt to measure people's hypocrisy? The answer is that the possible spillover effects associated with educating people about their quantified hypocritical choices in life likely far outweigh those that would be obtained through standard price incentives. Hopefully the business adage “that which gets measured gets managed”, holds true in this case. Through deeper introspection, we would be taking personal ownership of the externalities to which we contribute, perhaps with a longer-lasting effect on our consumptive behaviors.

The survey will be administered at four different coffee …

Essays On The Relationships Between Foreign Direct Investment, International Trade, And Exchange Rate Volatility, Bedassa Tadesse Ayele

Dissertations

Foreign direct investment (FDI) and international trade play key roles in enhancing global technology transfer, fostering economic growth, and the increasing integration of the global economy. A country's market maturity level and export platform status are particularly important in determining the amount of FDI andtrade that a country receives. This dissertation focuses on the host market characteristics, the FDI-trade interaction, and how exchange rate risk affects a nation's bilateral trade volume.

The first essay examines whether FDI is a complement or a substitute to the bilateral trade (export sales) and the extent to which FDI-trade relationship is affected by the …

Can State And Local Revenue And Expenditure Enhance Economic Growth? A Cross-State Panel Study Of Fiscal Activity, Christopher Arthur Clarke

UNLV Theses, Dissertations, Professional Papers, and Capstones

The slow economic recovery since the 2008 financial crisis and Great Recession requires state and local governments to continue to make difficult decisions concerning which taxes to raise and which expenditures to decrease in order to maintain a balanced budget. As expenditures usually raise economic growth and taxes generally hinder it, seeking the optimum combination of tax structures and expenditure options is necessary to encourage prosperity in a state. In this paper I study the effects of various expenditures and revenue combinations on growth in state personal income from 1977-2010 for 49 states and the District of Columbia. I find …

On The Merits Of The Resource Curse Theory: Resource Rents And Corruption, David Paul Snyder

UNLV Theses, Dissertations, Professional Papers, and Capstones

Since the breakup of the colonial empires following World War II, many newly independent states have embarked on a path of seeking political and economic development. Scholars studying this phenomenon soon became aware of an interesting puzzle. Why do the economies that have substantial natural resource endowments at their disposal tend to develop at a slower rate than economies that are less endowed with natural resources? From this question, the resource curse theory was derived. The resource curse theory has three main claims. The first claim is that resource rich economies grow at a slower rate than non-resource rich economies. …

Short-Time Compensation As A Tool To Mitigate Job Loss? Evidence On The U.S. Experience During The Recent Recession, Katharine G. Abraham, Susan N. Houseman

Upjohn Institute Working Papers

During the recent recession only 17 states offered short-time compensation (STC)—pro-rated unemployment benefits for workers whose hours are reduced for economic reasons. New federal legislation will encourage the expansion of STC. Exploiting cross-state variation in STC, we present new evidence indicating that jobs saved during the recession as a consequence of STC could have been significant in manufacturing, but that the overall scale of the STC program was generally too small to have substantially mitigated aggregate job losses in the 17 states. Expansion of the program is necessary for STC to be an effective counter-cyclical tool in the future.

Contract Enforcement: A Political Economy Model Of Legal Development, Fali Huang

Research Collection School Of Economics

In an effort to understand why the relative usage of relational and legal contracts differs across societies, this article builds a political economy model of legal development where legal quality of contract enforcement is a costly public good. It finds that legal investment tends to be too small under elite rule but too large under majority rule in comparison with the socially optimal level. Furthermore, elite rule, low legal quality, and high-income inequality may form a self-perpetuating circle that hinders economic development. In contrast to the conventional view, this article suggests that the often-observed association between heavy reliance on relational …

Testing For Multiple Bubbles 2: Limit Theory Of Real Time Detectors, Peter C. B. Phillips, Shu-Ping Shi, Jun Yu

Research Collection School Of Economics

This paper provides the limit theory of real time dating algorithms for bubble detection that were suggested in Phillips, Wu and Yu (2011, PWY) and Phillips, Shi and Yu (2013b, PSY). Bubbles are modeled using mildly explosive bubble episodes that are embedded within longer periods where the data evolves as a stochastic trend, thereby capturing normal market behavior as well as exuberance and collapse. Both the PWY and PSY estimates rely on recursive right tailed unit root tests (each with a di§erent recursive algorithm) that may be used in real time to locate the origination and collapse dates of bubbles. …

Testing For Multiple Bubbles 1: Historical Episodes Of Exuberance And Collapse In The S&P 500, Peter C. B. Phillips, Shu-Ping Shi, Jun Yu

Research Collection School Of Economics

Recent work on econometric detection mechanisms has shown the effectiveness of recursive procedures in identifying and dating financial bubbles. These procedures are useful as warning alerts in surveillance strategies conducted by central banks and fiscal regulators with real time data. Use of these methods over long historical periods presents a more serious econometric challenge due to the complexity of the nonlinear structure and break mechanisms that are inherent in multiple bubble phenomena within the same sample period. To meet this challenge the present paper develops a new recursive flexible window method that is better suited for practical implementation with long …

Housing Policies In Singapore: Evaluation Of Recent Proposals And Recommendations For Reform, Sock Yong Phang, David Kuo Chuen Lee, Alan Cheong, Kok Fai Phoon, Karol Wee

Research Collection School Of Economics

The Singapore housing market is unusual in its high homeownership rate, the dominance of HDB housing, and the extensive intervention of the government in regulating housing supply and demand in both the HDB and private housing sectors. Recent rapid population increases in a low interest rate and high global liquidity environment has resulted in accelerated house prices increases in Singapore. Earlier this year, the government launched “Our Singapore Conversation” of which discussion on housing policies constitutes one major component. This “conversation” comes in the wake of several consecutive rounds of measures to stabilize housing prices using various instruments. This paper …

Growing The Asset Management Franchise: Evidence From Hedge Fund Firms, William Fung, David Hsieh, Narayan Y. Naik, Melvyn Teo

Research Collection Lee Kong Chian School Of Business

We investigate the growth strategies of hedge fund firms. We find that firms with successful first funds are able to launch follow-on funds that charge higher performance fees, set more onerous redemption terms, and attract greater inflows. While first funds outperform follow-on funds, the superior performance of the former attenuates following the launch of the second fund. Multiple-product firms underperform single-product firms, but harvest greater fee revenues. Consequently, the multiple-product firm has become the dominant business model in the hedge fund industry.

Trial And Error In Influential Social Networks, Xiaohui Bei, Ning Chen, Liyu Dou, Xiangru Huang, Ruixin Qiang

Research Collection School Of Economics

In this paper, we introduce a trial-And-error model to study information diffusion in a social network. Specifically, in every discrete period, all individuals in the network concurrently try a new technology or product with certain respective probabilities. If it turns out that an individual observes a better utility, he will then adopt the trial; otherwise, the individual continues to choose his prior selection. We first demonstrate that the trial and error behavior of individuals characterizes certain global community structures of a social network, from which we are able to detect macro-communities through the observation of microbehavior of individuals. We run …

Volatility Occupation Times, Jia Li, Viktor Todorov, George Tauchen

Research Collection School Of Economics

We propose nonparametric estimators of the occupation measure and the occupation density of the diffusion coefficient (stochastic volatility) of a discretely observed Itô semimartingale on a fixed interval when the mesh of the observation grid shrinks to zero asymptotically. In a first step we estimate the volatility locally over blocks of shrinking length, and then in a second step we use these estimates to construct a sample analogue of the volatility occupation time and a kernel-based estimator of its density. We prove the consistency of our estimators and further derive bounds for their rates of convergence. We use these results …

Improving Housing Status Quo, Sock Yong Phang, David K. C. Lee

Research Collection Lee Kong Chian School Of Business

On home ownership and upgrading, PM Lee Hsien Loong has reaffirmed the Government's objective to make home ownership more affordable for all first-time buyers, especially low-income earners, through increasing the amounts of targeted housing grant subsidies. He spelt out the desired outcomes of housing affordability policy through his detailed matching of Housing Board flat type with household incomes.

Inconsistent Var Regression With Common Explosive Roots, Peter C. B. Phillips, Tassos Magdalinos

Research Collection School Of Economics

Nielsen (Working paper, University of Oxford, 2009) shows that vector autoregression is inconsistent when there are common explosive roots with geometric multiplicity greater than unity. This paper discusses that result, provides a coexplosive system extension and an illustrative example that helps to explain the finding, gives a consistent instrumental variable procedure, and reports some simulations. Some exact limit distribution theory is derived and a useful new reverse martingale central limit theorem is proved.

Pakistan's Policy-Performance Gap, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

In Pakistan, the policy-performance gap has been a source of great disillusionment and despairs among the public at large. It’s even been responsible for the downfall of many governments in the past.

At the highest level, the people of Pakistan have given their verdict by electing political parties and candidates in whom they have reposed hope for better performance in the future. This exercise repeated every five years without any interruption is crucial for the process of good democratic governance in the country. The purging of the candidates and parties who do not measure up to the expectations of the …

South Dakota Agricultural Land Values And Cash Rental Rates: 2013, Larry Janssen, Burton Pflueger, Bronc Mcmurty

Economics Commentator (1972- 2016)

No abstract provided.

Milking The System: Do Poor People Deserve Fresh Food?, Melanie M. Meisenheimer

SURGE

Poor Americans are all lazy, selfish people who must first prove their worth as human beings if they want to be able to feed their children.

It sounds harsh, stereotypical, and judgmental when you put it like that, and few people would feel comfortable saying that exact phrase. However, it’s a perception of poverty in America that I’ve found still has a strong grip on our way of thinking. [excerpt]

Macroeconomic And Political Determinants Of Foreign Direct Investment In The Middle East, Robin Barnaby Calver

Dissertations and Theses

This study argues that governments with sustained GDP growth, open markets, low country risk, high levels and low standard deviation of government performance, and few or no occurrences of war, will see larger levels of foreign direct investment (FDI) over time. Scholarship on the determinants of FDI variously argues the influence of GDP growth, the openness of a country's economy, a government's level of political capacity, the level of country risk, and the negative effects of inter-, intra- and extrastate conflict. These studies on the various effects on FDI, while providing insightful and substantial statistical results, fail to capture the …

The Universal Savings Credit, Christian Weller, Sam Ungar

Public Policy and Public Affairs Faculty Publication Series

The financial crisis of 2007 to 2009 took a tremendous toll on household wealth and shattered the sense of financial security for millions of American families. American households lost more than $20 trillion in wealth (in 2012 dollars) in the Great Recession, and households still had $10 trillion less in wealth at the end of 2012 than they had before the crisis. This massive wealth decline contributed to a widespread loss of economic security, particularly among lower-income and moderate-income families, single women, and communities of color.

This economic insecurity can have long-ranging adverse effects on U.S. economic growth as American …

Simulation Analysis Of Container Terminal Capacity At Multi-Terminal Indonesia(Mit), Chandra Irawan

World Maritime University Dissertations

No abstract provided.

The Development Strategy Of Tianjin Port Integrated Logistics Environment, Mengyang Wang

World Maritime University Dissertations

No abstract provided.

An Analysis On The Optimization Of General Cargo Storage Year Apace In The Comprehensive Port : Take The Storage Yard Of Dhl In Jungong Lu Port As Example, Yan Xu

World Maritime University Dissertations

No abstract provided.

Comparative Research On Greek Operating Model And Nordic Operating Model, Jun Ye

World Maritime University Dissertations

No abstract provided.

Research On The Impact Of Financial Risks On Coscon, Bing Bai

World Maritime University Dissertations

No abstract provided.

Study On How The Third Party Logistics Of Warehousing System To Serve The Medium Size C2c Merchants, Shu Wang

World Maritime University Dissertations

No abstract provided.

A Study Of Container Terminal Capacity At Boom Baru Palembang Container Terminal, Hermana Widhyohadi

World Maritime University Dissertations

No abstract provided.

China’S Wood Import Transport Market And Choice Of Ship Size, Hengliang Zhan

World Maritime University Dissertations

No abstract provided.