Economics Commons^™

Moral Rights: The Economic Ramifications Of Moral Rights Under Vara In The U.S., Akilah Chandler

MA Theses

When balancing the interests of the art market gatekeepers including patrons, dealers, and auction house intermediaries, with the interest of artists, artists have always bared the shorter end of the stick. It has been almost 30 years since the U.S. legal system acknowledged moral rights and a lifetime that artist have had to defend those rights. However, the question remains— how has the art market balanced these conflicting interests and at what expense? This paper will explore the effects moral rights have on an artist’s market and with that, the overall art market. This paper will also cover the ramifications …

High Or Low? The Value Of Transitional Paintings By Jackson Pollock, Willem De Kooning, And Mark Rothko, Monica Peacock

MA Theses

Transitional works of art are an anomaly in the field of fine art appraisals. While they represent mature works stylistically and/or contextually, they lack certain technical or compositional elements unique to that artist, complicating the process for identifying comparables. Since minimal research currently exists on the value of these works, this study sought to standardize the process for identifying transitional works across multiple artists’ markets and assess their financial value on a broad scale through an analysis of three artists: Jackson Pollock, Willem de Kooning, and Mark Rothko. The results reveal that transitional paintings by these artists are high in …

Making Implicit Methods Explicit: Trade Press Analysis In The Political Economy Of Communication, Thomas F. Corrigan

Communication Studies Faculty Publications

The political economy of communication (PEC) situates media systems and practices in their structural and historical contexts; however, PEC scholars rarely articulate or justify their research methods. To address this oversight, this article explains how PEC scholars use trade publications to study media industries, practices, policy making, and discourses thereof. Following a critical realist approach, PEC researchers “burrow down” in trade press advertisements and reports and “listen in” to the frank, insider discussions therein. This article evaluates the trade press against Scott’s four “quality control criteria” for documentary sources—authenticity, credibility, representativeness, and meaning. Trade publications employ daunting industry jargon, and …

Economics Of Recruiting Interactions In Collegiate Sport: An Analysis In Game Theory And Matching Markets, Jessica Twaddle

Murray State Theses and Dissertations

This paper seeks to explain the interactions involved in recruiting prospective student-athletes to universities, particularly in the sport of softball. By employing the concepts of Game Theory, Prisoner’s Dilemma, and Matching Markets, the market for recruiting is explored and explained. Recent legislative changes in the market are then examined as well as possible outcomes as a result. Research on commitments in softball and lacrosse was collected in order to make claims in regard to incentives. The market for recruiting is compared to the residency placement matching system. Ideas are presented on ways to achieve a market that clears where outcomes …

An Investigation Of The Effects Of Public Policy On Spatial Concentration And Company Linkages In The Martitime Sector, Eoin G. Moynihan

PhDs

Industry clusters (Porter, 1990, 1998b) have been the focus of numerous studies, and public policy programmes in recent decades (Ketels, 2013b). The maritime sector in particular has seen a number of maritime cluster organisations established in recent years as policy tools for regional development. Cluster analysis has focused on identifying and mapping clusters, yet comparatively little research has been undertaken on the optimal structure for cluster organisations (or initiatives) as additionality policy tools, to achieve the aim of strengthening cluster linkages and boosting the innovation capacity of cluster firms.

Therefore this research addresses the following questions:

1. To what extent …

Economic Integration In North America: Changes In Us Trade Policy And The Effects On Texas Regional Exports To Mexico, Jorge Eduardo Mendoza

Mission Foods Texas-Mexico Center Research

Texas is the leading US state exporter to Mexico, trading oil products, automobile components and electronics. The USMCA will impose a restructuring of the North American supply chains to meet the new input content requirements. In order to evaluate the impact of the changes in tariffs arising from the new rules of origin requirements, an econometric model with different tariff scenarios was estimated. The estimations indicate that the distance to Texas and the size of the economies of the states of Mexico are factors that impact Texas exports to Mexico. Tariffs under the USMCA would have a minor but positive …

Wildfire Risk Perception And Homeowner Mitigation: Evidence From Montana, Madison G. Nagle

Graduate Student Theses, Dissertations, & Professional Papers

Fire prevention managers find that homeowners often do not perform mitigation actions that could reduce the damage and spread of wildfire. There is widespread belief among these fire professionals that one of the primary reasons that homeowners do not perform mitigation actions is that homeowners misperceive the risk that wildfire poses. Thus, a significant component of fire prevention programs’ focus on increasing homeowner awareness of the risk. However, it is possible that homeowners are aware of the fire risk but choose not to mitigate because of a variety of reasons, to include the costs of mitigation, limited monetary liability that …

Rop Distribution, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Folder Cover Label
  Shaikh, A. (2018). NA-24-09. Department of Economics, New School for Social Research.This item is a folder cover label that marks research materials on historical asset returns and macroeconomic data.
• Published Report
  Taylor, A. M. (2018, December). The rate of return on everything. NBER Reporter. National Bureau of Economic Research. This item is a published economic report reviewing long-run rates of return across major asset classes. It compares residential real estate and corporate equities over a historical period.

Sigma: Journal Of Political And International Studies

Sigma: Journal of Political and International Studies

No abstract provided.

Icape/Assa, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes,

• Shaikh, A., PhD. (2018, January). ICAPE/ASSA, January 3–6, 2018 [Yellow folder containing handwritten travel notes]. Unpublished material.

• Economists for Peace & Security. (2018, January 6). Invitation to honor James K. Galbraith [Invitation with biographical note]. Economists for Peace & Security.

• Shaikh, A., PhD. (2018, January). HM 2017 panel: Value, money, capital (introductory remarks on papers by Karl Beitel, Cedric Durand, and Michael Roberts) [Typed remarks with handwritten annotations]. Unpublished manuscript.

• International Confederation of Associations for Pluralism in Economics. (2018, January 4). ICAPE conference program (Drexel University) [Conference program]. International Confederation of Associations for Pluralism in Economics.

• Shaikh, …

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Io Eigenvalue, Anwar Shaikh Phd

Archives of Anwar Shaikh

24-32_LTV RE Adj Notes.pdf You said: as an archivist detailing a new entry, analyze the uploaded file and give an outline of the material with all dates standardized, all bullet-point item formatting, and sentence case for titles, and italics for all titles, 1.5 spacing between paragraphs, and expand the published items into full apa references with publisher details and journal information but without internet links, or any further description of the different items, standardize the handwritten notes, emails, and comments into full apa-style manuscript citations so they match the level of formality of the published papers, with all handwritten notes …

Mechanism Design, Matching Theory And The Stable Roommates Problem, Yashaswi Mohanty

Honors Theses

This thesis consists of two independent albeit related chapters. The first chapter introduces concepts from mechanism design and matching theory, and discusses potential applications of this theory, particularly in relation to dorm allocations in colleges. The second chapter investigates a subset of the dorm allocation problem, namely that of matching roommates. In particular, the paper looks at the probability of solvability of random instances of the stable roommates game under the condition that preferences are not completely random and exogenous but endogenously determined through a dependence on room choice. These probabilities are estimated using Monte-Carlo simulations and then compared with …

What Effects Did United Airlines' De-Hubbing Of Cleveland Hopkins International Airport Have On Cleveland Passengers?, Joshua A. Young

Honors Theses

This paper uncovers the effects on passengers from United Airlines’ 2014 de-hubbing of Cleveland Hopkins International Airport (CLE). Airline networks are often reorganized for efficiency; during the process, an airport may gain or lose hub operations, affecting passengers in different ways depending on the market environment. I take an empirical approach using difference-in-differences models to analyze 28 quarters of Bureau of Transportation Statistics data. I find that de-hubbing contributed to significant reductions in airfare per mile out of CLE. This is consistent with past cases of de-hubbing where low-cost carriers were present. However, quality measures, including the number of nonstop …

Sacrifice, Benefit, And Reciprocity: Evidence From A Trust Game, Mirco Dinelli

Honors Theses

Social preferences have generated much interest in recent economic literature. While reciprocity has been closely examined by several economists using gift exchange and other games, much of their focus is on the effect of intentions and motivations. Instead, I focus on two strictly outcome-based factors in the context of a trust game: sacrifice made by the giver and benefit received by the recipient. I attempt to isolate these influences by varying the multiplier across variations of the trust game to create comparison groups that differ in one of these factors, but not both. Unable to control for all expected sources …

Resources, Financial Sector Development, Governance And Growth In South Africa: A Time Series Analysis, Kehinde Abiodun

Masters Theses

We examine the impact of financial sector development - proxied by domestic credit and market capitalization - mineral rent, and quality of governance on economic growth in South Africa. The novelty of this thesis lies in the introduction of an interaction term between mineral rent and quality of governance, which is iterated along with the other afore-mentioned variables in a five-model estimation. Two other variables: trade and government expenditure are also added to the mix.

We developed five models to test the impacts of the different variables using the error correction model. In all five models, we find, consistently, a …

The Paradox Of Competition: Power, Markets, And Money - Who Gets What, When, How?, Martin Shubik

Cowles Foundation Discussion Papers

Money is a mystery and financial institutions are often regarded as guardians and promoters of the mystery. These sketches are designed to help any reader interested in, but not technically trained in economics, understand markets, money, credit and the evolution of a mass market system set in the rich context of its political environment and society. We all want a good society. What is a good society is given by our joint vision, mutual respect and social concern but the implementation of the vision calls for the use and understanding of money, markets and finance. The efficient functioning of a …

The Impact Of Microfinance On Poverty Reduction In Egypt: An Empirical Study, Hala Elhadidi

Business Administration

Microfnance has become a critical tool in credit markets for poverty reduction and socioeconomic development. Yet its impact is still questioned and varies from one country to another and from urban to rural areas. This article examines the role of Egyptian micro nance on household income. A cross-sectional survey interviewed 780 established and new clients in Greater Cairo and rural areas in Egypt. The strati ed random method was used to collect the data from urban and rural districts. The ndings, using multinomial logistics, reveal that micro nance had a positive impact on the household income of women borrowers who …

Strategies Hospitality Leaders Use To Reduce Employee Turnover, Borislav Perev

Walden Dissertations and Doctoral Studies

Employee turnover is a global problem with adverse effects on financial performance and sustainability of organizations. In the hospitality industry, employee turnover levels increased to 58.8%, and the associated cost of turnover may be more than 100% of an employee's yearly wage, with a total loss of over $25 billion a year. The purpose of this single case study was to explore strategies used by hospitality leaders in the southeastern United States to reduce employee turnover. The conceptual framework was the transformational leadership theory. Purposeful selection of participants included leaders with experience in developing and implementing strategies for reducing employee …

Effective Management Communication Strategies, Dr. Cad W. Shannon

Walden Dissertations and Doctoral Studies

Managing employee engagement is critical to the success of an organization, but 85% of managers struggle with engaging employees. The purpose of this single-case study was to explore effective communication strategies within an organization and determine how managers used these strategies to increase employee engagement, productivity, and organizational effectiveness. Data were collected from organizational documents, observations, and semistructured interviews with 6 managers of a corporation located in the midwestern United States. All participants were working full-time for at least 3 years, had a managerial title, and were responsible for departmental communication. Moustakas's modified van Kaam method was used for data …

Third-Party Logistics' Hiring Manager Strategies To Recruit Supply-Chain Professionals, Beth D'Alessandro

Walden Dissertations and Doctoral Studies

Leaders of third-party logistics companies face a critical talent shortage because of the global deficiency of supply-chain professionals. The lack of trained supply-chain professionals negatively affects business and market performance. The purpose of this multiple case study was to explore the strategies used by third-party logistics hiring managers to recruit supply-chain talent to meet industry demands. The resource-based view theory was used as a lens for this study. Data were collected from 5 Pennsylvania third-party logistics hiring managers from interviews, organizational documents, and company websites. Member checking occurred after transcription and summarization of the interview data. Data analysis occurred using …

Reentry Practitioners' Perceptions Of Constraints During Ex-Offenders' Job Search Process, Crystal Raquel Francis

Walden Dissertations and Doctoral Studies

Unemployment among formerly incarcerated citizens is a complex problem that continues to grow. Previous reentry studies describe the collateral effects of incarceration on employment from the perspective of formerly incarcerated individuals, yet little academic research exists regarding reentry practitioners' perceptions of constraints during the job search process. Using Goldratt's theory of constraints as the foundation, the purpose of this case study of reentry and employment in a mid-Atlantic state was to explore from the perspective of practitioners, the types of constraints individuals with criminal records face during the job search process, the most difficult phase of the job search process, …

Who Gets What, When, How? Power, Organization, Markets, Money And The Allocation Of Resources, Martin Shubik

Cowles Foundation Discussion Papers

Money is a mystery and financial institutions are often regarded as guardians and promoters of the mystery. These sketches are designed to help an individual interested in, but not technically trained in economics, understand markets, money, credit and the evolution of a mass market system embedded in the rich context of its political environment and society. The efficient functioning of a dynamic economy requires the presence of money and financial institutions. The great variety of financial institutions in any advanced economy requires that a synthetic approach is used to understand what the whole looks like. Verbal description provides an overarching …

Regulating Mismeasured Pollution: Implications Of Firm Heterogeneity For Environmental Policy, Eva Lyubich, Joseph S. Shapiro, Reed Walker

Cowles Foundation Discussion Papers

This paper provides the first estimates of within-industry heterogeneity in energy and CO2 productivity for the entire U.S. manufacturing sector. We measure energy and CO2 productivity as output per dollar energy input or per ton CO2 emitted. Three findings emerge. First, within narrowly de ned industries, heterogeneity in energy and CO2 productivity across plants is enormous. Second, heterogeneity in energy and CO2 productivity exceeds heterogeneity in most other productivity measures, like labor or total factor productivity. Third, heterogeneity in energy and CO2 productivity has important implications for environmental policies targeting industries rather than plants, including technology standards and carbon border …

Regulating Mismeasured Pollution: Implications Of Firm Heterogeneity For Environmental Policy, Eva Lyubich, Joseph S. Shapiro, Reed Walker

Cowles Foundation Discussion Papers

This paper provides the first estimates of within-industry heterogeneity in energy and CO2 productivity for the entire U.S. manufacturing sector. We measure energy and CO2 productivity as output per dollar energy input or per ton CO2 emitted. Three findings emerge. First, within narrowly defined industries, heterogeneity in energy and CO2 productivity across plants is enormous. Second, heterogeneity in energy and CO2 productivity exceeds heterogeneity in most other productivity measures, like labor or total factor productivity. Third, heterogeneity in energy and CO2 productivity has important implications for environmental policies targeting industries rather than plants, including technology standards and carbon border adjustments.

One Staff, Two Branches: The Queens Borough Public Library And New York City's Fiscal Crisis Of The 1970s, Jeffrey A. Kroessler

Publications and Research

During the fiscal crisis of the 1970s, New York City imposed deep budget cuts on the three library systems: the New York Public Library, the Brooklyn Public Library, and the Queens Borough Public Library. As the city cut budgets, the public demanded that libraries be kept open, and elected officials struggled to do both. The Queens Library’s staff was reduced from over 1,100 to barely 700, with branches open only two or three days a week, with one staff serving both. New buildings remained vacant because the library lacked funds to operate them. When the library proposed closing some branches, …

Understanding Crude Oil Import Demand Behaviour In Africa: The Ghana Case, George Marbuah

Journal of African Trade

As in many African countries, crude oil importation is a major drain on the economy of Ghana. We estimate short-run and long-run import demand models for crude oil using data over the period 1980–2012. Results show that demand for crude oil is price inelastic in the short-run but elastic in the long-run. Other important drivers of crude oil import are the real effective exchange rate, domestic oil production and population growth. Income is found to be the strongest driver of crude oil demand. Policy implications of our results are presented.

Aid For Trade And Africa’S Trade Performance: Evidence From Bilateral Trade Flows With China And Oecd Countries☆, Adugna Lemi

Journal of African Trade

The optimism surrounding aid for trade (AfT) led scholars and practitioners to probe its link with trade performance of aid-recipient countries in Africa. In the absence of formal evaluation guidelines, most previous studies, using aggregate data, have looked into the impacts of AfT on exports and imports and found results consistent with the stated objectives of AfT. The present study investigates the nature of the link for the case of African countries using disaggregated AfT data from China and OECD member countries. The results show that flows of OECD aid to all sectors and to economic infrastructure have increased both …

Oil Prices And African Stock Markets Co-Movement: A Time And Frequency Analysis, Grakolet Arnold Zamereith Gourène, Pierre Mendy

Journal of African Trade

This paper examines the co-movement between OPEC (Organization of Petroleum Exporting Countries) oil prices and the six largest African stock markets. We used wavelet coherence to analyze the evolution of this relationship both in time and by frequency. Our results show that the co-movement between African stock markets and oil prices is relatively low, with the exception of emerging stock markets such as South Africa and Egypt. For most of the African stock markets, the co-movement takes place over large time scales and both during and after the U.S. financial crisis. At small scales, African stock markets could represent a …

How Well Does Observable Trade Data Measure Trade Friction Costs? Evidence From Member Countries Within The Economic Community Of West African States (Ecowas), Festus Ebo Turkson

Journal of African Trade

This paper is an empirical application of the micro-founded measure of trade costs by Head and Mayer (2004) and Novy (2013). The derived micro-founded measure, consistent with the Ricardian and heterogeneous firm's models of trade, captures all trade costs components that hitherto have been impossible to include in the gravity framework because of severe data limitations and the impracticability of measuring some of the trade cost components. Based on bilateral trade and production data from the Trade, Production, and Protection database by Nicita and Olarreaga (2007) over the period 1980–2003, the micro-founded estimate of relative bilateral trade cost measure computed …

Foreign Direct Investment, Productivity And The Technology Gap In African Economies, Christopher Malikane, Prosper Chitambara

Journal of African Trade

This paper investigates the impact of foreign direct investment on total factor productivity conditional on relative backwardness in a panel of 45 African countries over the period 1980–2012. We use two measures of relative backwardness, namely: the distance from technological frontier and the income gap. We apply the fixed-effects and two-step system GMM methods. We find a generally positive but weak effect of FDI on productivity growth. Meanwhile, the results do not support the convergence theory of Findlay (1978) and Wang and Blomstrom (1992), that relative backwardness would result in higher productivity growth via the adoption of foreign technologies.