Economics Commons^™

Nebraska Monthly Economic Indicators: January 20, 2017, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator – Nebraska (LEI-N) 1 fell by 0.50% during December of 2016. The decline in the LEI-N, which predicts economic activity six months in the future, follows a drop of 0.39% during November. The two consecutive declines suggest that economic growth will be weak in Nebraska during the second quarter of 2017. Business expectations were strong in December but other components of the LEI-N were negative. In particular, there was a sharp jump in initial claims for unemployment insurance during the month, suggesting a softening in labor market conditions. There also was another increase in the value …

Investing In The Presence Of Massive Flows, Terence C. Burnham, Harry Gakidis, Jeffrey Wurgler

ESI Working Papers

Approximately $10 trillion is benchmarked to Morgan Stanley Capital International’s Developed, Emerging, Frontier, and standalone market indexes. Reclassifications from one index to another require thousands of investors to decide how to react. We study a comprehensive sample of past reclassifications to guide this decision. Reclassified markets’ prices substantially overshoot between the announcement and effective dates—prices fall when a market moves from an index with more benchmarked ownership to one with less, such from Emerging to Frontier, and vice-versa—but revert within a year. We identify alpha-maximizing responses to reclassifications for both tightly benchmarked and more flexible investors.

Combining Earnings With Public Supports: Cliff Effects In Massachusetts, Randy Albelda, Michael Carr

Economics Faculty Publication Series

Safety-net benefits decrease as recipients’ income increases, but the result can be an overall drop in resources—sometimes so sharp that it feels like falling off a cliff.

An Oracle For Higher Education?, Michael Hemesath

Administration Publications

No abstract provided.

Determinants Of Urban Land Supply In People's Republic Of China: How Do Political Factors Matter?, Wen-Tai Hsu, Xiaolu Li, Yang Tang, Jing Wu

Research Collection School Of Economics

This paper explores whether and how corruption and competition-for-promotion motives affect urban land supply in the People's Republic of China. Conditional on demand-side factors, we find that corruption is highly correlated with an increase in land supply. The corruption effects are strongest for commercial land, followed by residential land, and then industrial land. To shed light on the competition motives among prefectural leaders, we examine how the number of years in office affects land supply and distinguish among different hypotheses. Our empirical results show robust rising trends in land sales. These results are consistent with the hypothesis that among prefectural …

Race, Age, And Neighborhood Socioeconomic Status In Low Birth Weight Disparities Among Adolescent Mothers: An Intersectional Inquiry, Sheryl L. Coley, Tracy R. Nichols

Journal of Health Disparities Research and Practice

Introduction: Few studies examined socioeconomic contributors to racial disparities in low birth weight outcomes between African-American and Caucasian adolescent mothers. This cross-sectional study examined the intersections of maternal racial status, age, and neighborhood socioeconomic status in explaining these disparities in low birth weight outcomes across a statewide sample of adolescent mothers.

Methods: Using data from the North Carolina State Center of Health Statistics for 2010-2011, birth cases for 16,472 adolescents were geocoded by street address and linked to census-tract information from the 2010 United States Census. Multilevel models with interaction terms were used to identify significant associations between maternal racial …

Consumer Confidence Index – Nebraska And Survey Of Nebraska Business: January 6, 2017, Eric Thompson

Leading Economic Indicator Reports

The gap between business and consumer confidence persisted in Nebraska through December of 2016. The Consumer Confidence Index – Nebraska (CCI-N) stood at 88.2 during December, well below the neutral value of 100. The outlook of Nebraska businesses, by contrast, was positive with respondents to the Survey of Nebraska Business expecting to increase both sales and employment over the next 6 months. In particular, 31 percent of businesses expect sales to increase over the next 6 months while just 18 percent expect sales to fall. Fifteen percent of businesses expect to expand employment while 3 percent expect to reduce it. …

A Timeless Mission For The New Year, Michael Hemesath

Administration Publications

No abstract provided.

The Economics Of Cpec, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

The writer is a public policy fellow at the Woodrow Wilson Centre, Washington, D.C. In a country where negativity and cynicism reign supreme, critics and detractors of all kinds are revered, and emotional outbursts and fabricated stories dominate the air waves and social media, it is difficult to present a dispassionate analysis of national issues. Since China announced the China Pakistan Economic Corridor (CPEC), more time and energy has been spent in finding faults, poking holes and raising doubts based on speculation and conjecture. Had this investment been announced in another developing country, the national reaction would be: how do …

Child Age And Gender Differences In Food Security In A Low-Income Inner-City Population, Robert A. Moffitt, David C. Ribar

University of Kentucky Center for Poverty Research Discussion Paper Series

A long literature in economics concerns itself with differential allocations of resources to different children within the family unit. In a study of approximately 1,500 very disadvantaged families with children in Boston, Chicago, and San Antonio from 1999 to 2005, significant differences in levels of food allocation, as measured by an indicator of food “insecurity,” are found across children of different ages and genders. Using answers to unique survey questions for a specific child in the family, food insecurity levels are found to be much higher among older boys and girls than among younger ones, and to be sometimes higher …

Housing Prices, Stock Prices And The U.S. Economy, Kamal Upadhyaya, Dharmendra Dhakal, Franklin Mixon, Jr.

Economics & Business Analytics Faculty Publications

This paper studies the relationship between housing prices, stock prices, interest rates and aggregate output in the U.S. using monthly data from 1993 to 2014. Evidence from causality tests and a variance decomposition procedure suggest that stock prices have a much larger effect on aggregate output in the U.S. economy than do either housing prices or interest rates. Instead, the wealth effect created by changes in stock prices has a relatively large impact on U.S. aggregate output. Separate estimations and variance decompositions for the sample periods 1993 - 2001, 2002 – 2008 and 2009 – 2014 show that the impact …

The Impact Of Aid On The Economic Growth Of Developing Countries (Ldcs) In Sub-Saharan Africa, Maurice W. Phiri

Gettysburg Economic Review

Least Developed Countries (LDCs) of Sub-Saharan African have been recipients of official development assistance for more than 5 decades; however they are still characterized by chronic problems of poverty, low living standards and weak economic growth. The hot question is: Is aid effective in promoting economic growth? Thus, this paper investigates the impact of aid on the economic growth of 12 least developed countries in Sub-Saharan Africa over a period of 20 years. I take a fixed effects instrumental variable approach and the results imply that aid has a statistically insignificant negative impact on economic growth. I therefore conclude that …

Front Matter

Gettysburg Economic Review

No abstract provided.

The Gettysburg Economic Review, Volume 10, Spring 2017

Gettysburg Economic Review

No abstract provided.

Review To New Book: “Systemic Transformation And Sustainable Human Development: The Case Of Uzbekistan”. Kalandar Abdurakhmanov, Nodira Zokirova, Bakhtiyor Islamov, Masato Hiwatari. Monograph - Jakarta: Gunadarma Publisher, 2016., D. Islamov

International Relations: Politics, Economics, Law

A comprehensive macroeconomic analysis of the “Uzbek model” is proposed for foreign and domestic readers, according to which reforms are carried out for the sake of and in the name of man. The results of microeconomic research and comparison of traditional social institutions of local government are presented. In Uzbekistan it is “mahalla”, in Japan - “mura”.

Peculiarities Of The Establishment Of The Export Ecouragement System In Korean Republic, K. Rizaeva

International Relations: Politics, Economics, Law

The article defines the experience of Korean Republic on the encouragent of export. Basing of the experience of Korea Uzbekistan should focus on the export of goods and it will definitely lead to positive economic growth. Moreover, it is also very important to establish positive climate for export and encouragemnt for this activity. Functional encouragement is the most appropriate for Uzbekistan system, that is why the plan of further encouragement of export in Uzbekistan should be created.

Bilateral Investment Agreements - The Legal Basis For Economic Partnership, E. Tulyakov

International Relations: Politics, Economics, Law

Attracting foreign investment, a developing country sets several goals: to obtain financial resources, use advanced managerial experience, and introduce innovative technologies. Achieving these goals becomes the basis for the modernization of the national economy. The advantages of bilateral agreements include the fact that they are the most flexible instrument for regulating interstate investment agreements that can have a direct regulatory effect on the subjects of these relations, thus compensating for the lack of incompleteness and instability of national investment legislation.

Currency Regime Of Uzbekistan: Goals, Consequences, Ways To Improve, N. Sirajiddinov

International Relations: Politics, Economics, Law

The currency regime and exchange rate policy of the country are among the main factors determining the investment climate and the competitiveness of national producers, macroeconomic stability and financial security of the state. Investment activity, the pace of modernization of the economy and its structural adjustment, the achievement of its sustainable growth, and the increase in the level of well-being of the population largely depend on the currency regime used. It is the exchange rate policy chosen by the government that largely determines the stability of the national currency, its protection against external shock influences, the country's sufficient foreign currency …

Determining Fair Market Value For Duke’S Sporting Goods Store, Michael Goldman, Daniel A. Rascher

Sport Management

Shelley Valdez is a recent finance team hire at Duke’s Sporting Goods Store. She has 1 week to identify, gather, and analyze relevant information to calculate the financial value of the business, using the income and market approaches. She has also been asked to consider Duke’s liquidation value, and comment on the strategic options these calculations point to, before a board meeting of the owners next week.

How Financial Resources Affect Older Adults' Social Life, Hyunsook Kang, Lisa Mize, Jennifer Newquist

School of Human Sciences Research Showcase

No abstract provided.

Comparison Of Sustainable Development In Three Countries, Brittany Williams

School of Human Sciences Research Showcase

Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs. It contains within it two key concepts: the concept of needs, in particular the essential needs of the world's poor, to which overriding priority should be given; and the idea of limitations imposed by the state of technology and social organization on the environment's ability to meet present and future needs.

Fdi And Income Inequality In Latin America, Terese Coulon

Empirical Economic Bulletin, An Undergraduate Journal

The main purpose of this paper is to determine the relationship between FDI and income inequality in Latin America after Operation Condor. This study uses economic panel data from seven different Latin American countries over a sixteen year time period. This study takes place from 1982 to 1997. Other variables have been included in this study to achieve the most accurate results possible. The results from this study show that FDI is significant to income inequality at the 5% significance level in Latin America during this time period. Also, the results indicate that FDI has a positive effect on income …

Dissecting A Giant: The Commodification Of Rural China, Singapore Management University

Research@SMU: Connecting the Dots

Rapid growth is causing unprecedented transformations in the social fabric and market structure of rural China, Professors Forrest Zhang and John Donaldson, researchers at SMU investigate.

See the papers:

• Class differentiation in rural China: Dynamics of accumulation, commodification and state intervention;
• Political dynamics in land commodification: Commodifying rural land development rights in Chengdu, China
• The rise of agrarian capitalism with Chinese characteristics: Agricultural modernization, agribusiness and collective land rights
• China's agrarian reform and the privatization of land: A contrarian view

Letting Cities Develop Naturally, Singapore Management University

Research@SMU: Connecting the Dots

Professor Hsu Wen-Tai uses mathematical models to study urban landscapes and what makes big and small cities different.

See the paper: Optimal city hierarchy: A dynamic programming approach to Central Place Theory

The Yuan Goes Global, Singapore Management University

Research@SMU: Connecting the Dots

Professor Chow Hwee Kwan studies how Asian countries manage their currencies, and the impact of these policies on their economies.

See the paper: Is the Renminbi East Asia’s dominant reference currency? A reconsideration

The Ethics Behind Efficiency, Jonathan B. Wight

Economics Faculty Publications

The normative elements underlying efficiency are more complex than generally portrayed, and rely upon ethical frameworks that are generally absent from classroom discussions. most textbooks, for example, ignore the ethical differences between Paretto efficiency (based on voluntary win-win outcomes) and the modern Kaldor-Hicks efficiency used in public policy assessments (in which winners gain more than losers lose). For the latter to be ethically palatable, society must have in place basic institutions of justice, transparency, and accountability. Normative economics thus requires a pluralist approach that includes considerations of virtue and duty, closer to Adam Smith's Enlightenment conceptions. This surprising finding should …

The Pittsburg Micropolitan Area Economic Report, Quarter 1, 2017, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Pittsburg Micropolitan Area Economic Report, Quarter 3, 2017, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Pittsburg Micropolitan Area Economic Report, Quarter 2, 2017, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Pittsburg Micropolitan Area Economic Profile, 2017, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Profile is created by the Business and Economic Research Center (BERC) at Pittsburg State University.