Open Access. Powered by Scholars. Published by Universities.®

Economics Commons™

Open Access. Powered by Scholars. Published by Universities.®

2019

Discipline
Institution
Keyword
Publication
Publication Type
File Type

Articles 1381 - 1410 of 1963

Full-Text Articles in Economics

Socioeconomic Determinants Of Child Mortality: Evidence From Pakistan Demographic And Health Survey, Rana Ejaz Ali Khan, Khadija Malik Bari, Muhammad Ali Raza Jan 2019

Socioeconomic Determinants Of Child Mortality: Evidence From Pakistan Demographic And Health Survey, Rana Ejaz Ali Khan, Khadija Malik Bari, Muhammad Ali Raza

Business Review

This paper attempts to highlight socioeconomic determinants of child mortality in Pakistan. Binary logistic regression is applied to 7297 observations from the Pakistan Demographic and Health Survey 2012-13. The results reveal that probability of child mortality decreases with greater birth-interval, child’s large size at birth, more family members, mother’s education, mother’s ownership of assets and mother’s decision-making at the household level. Policy makers can work to improve mothers’ characteristics such as fertility behavior, education, empowerment and decision-making at the household level, to reduce child mortality.

Go to article

Testing Asset Pricing Models On The Pakistan Stock Exchange, Kiran Lohano, Muhammad Kashif Jan 2019

Testing Asset Pricing Models On The Pakistan Stock Exchange, Kiran Lohano, Muhammad Kashif

Business Review

This study investigates the performance of CAPM, three-factor and five-factor asset pricing models on the Pakistan Stock Exchange using monthly data of 896 companies from November 2000 to December 2016. The results from the time-series approach show that the three-factor model performs relatively better than the CAPM and the five-factor model, whereas the cross-sectional approach establishes the superiority of the five-factor model. It can thus be concluded that it is important to incorporate factors, such as size, value, profitability and investment when predicting returns on securities in the Pakistan Stock Exchange.

Go to article

Inflation Targeting And Exchange Rate Pass Through In Pakistan: Markov Switching Approach, Safia Minhaj, Muhammad Nishat Jan 2019

Inflation Targeting And Exchange Rate Pass Through In Pakistan: Markov Switching Approach, Safia Minhaj, Muhammad Nishat

Business Review

This study uses Markov switching model to empirically track the existence of exchange rate pass through and inflation trends in Pakistan from 1982 to 2016. The results reveal a direct relationship between pass through and inflation. Furthermore, interest rate and trade variables have a significant impact on inflation. According to the smoothed probabilities, switches between regimes were sudden and sporadic till 1990, after which long spells were observed during high and low inflation regimes.

Go to article

Cooperation Among Strangers With And Without A Monetary System, Maria Bigoni, Gabriele Camera, Marco Casari Jan 2019

Cooperation Among Strangers With And Without A Monetary System, Maria Bigoni, Gabriele Camera, Marco Casari

ESI Working Papers

Human societies prosper when their members move beyond local exchange and cooperate with outsiders in the creation of wealth. Collaboration of this type presents formidable challenges because interaction is impersonal, reciprocity is unfeasible and trust cannot be easily established. Here we study this cooperation problem by modeling strategic interaction among strangers through an Intertemporal Exchange Game. The setup can be easily implemented in the laboratory to study a variety of cooperation-enhancing institutions. In particular, we study the role of a fiat monetary system by introducing intrinsically worthless tokens that can be offered in exchange for cooperation. The experiments show that …

Go to article

Poverty, Opportunity, And Well-Being In The United States, Nate D. Peach, Emily J. Mavrakis Jan 2019

Poverty, Opportunity, And Well-Being In The United States, Nate D. Peach, Emily J. Mavrakis

Faculty Publications - College of Business

Economic opportunity varies dramatically across the United States. In this study the Opportunity to Flourish Index (OFI) is created to determine the level of opportunity United States cities afford those at the bottom of the income distribution. Indicators within the index measure disposable income, access to financial services, diet, educational attainment, unemployment, physical well-being, and family structure. The OFI’s relationship with standard measures of economic growth and economic mobility is also evaluated. The OFI is not correlated with measures of income and population growth, suggesting, that in the short-run growth and opportunity are not necessarily complementary. The OFI is strongly …

Go to article

Maternal Work Hours And Childhood Obesity: Evidence Using Instrumental Variables Related To Sibling School Eligibility, Charles J. Courtemanche, Rusty Tchernis, Xilin Zhou Jan 2019

Maternal Work Hours And Childhood Obesity: Evidence Using Instrumental Variables Related To Sibling School Eligibility, Charles J. Courtemanche, Rusty Tchernis, Xilin Zhou

Economics Faculty Publications

This study exploits plausibly exogenous variation derived from the youngest sibling’s school eligibility to estimate the effects of maternal work on the weight outcomes of older children. We first show that mothers’ work hours increase gradually along both the extensive and intensive margins as the age of the youngest child rises, whereas mothers’ spouses’ work hours do not appear to be responsive. We develop an instrumental-variables model that shows that mothers’ work hours lead to larger increases in children’s body mass index z-scores and probabilities of being overweight/obese than those identified in previous studies. Subsample analyses find that the …

Go to article

Allocating In The Presence Of Dominance: A Mean-Variance Portfolio Choice Economic Experiment, Jack Gardner Jan 2019

Allocating In The Presence Of Dominance: A Mean-Variance Portfolio Choice Economic Experiment, Jack Gardner

Gettysburg Economic Review

I conduct a mean-variance portfolio choice economic experiment to evaluate how individuals’ portfolio choices deviate from what modern portfolio theory considers optimal. The experimental framework is comprised of three treatments. In each treatment the portfolio selection task involves choosing between two risky assets with zero correlation among their payoffs and one risk free asset. Participants are tasked with completing thirty choice rounds in which they must allocate a constant experimental capital amount to the available asset options after which they are shown period-by-period state-realizations. I utilize the definition of dominance as described in Neugebauer (2004), and Baltussen and Post (2011), …

Go to article

The Gettysburg Economic Review, Volume 11, Spring 2019 Jan 2019

The Gettysburg Economic Review, Volume 11, Spring 2019

Gettysburg Economic Review

No abstract provided.

Go to article

Uncontested: A Case Study Exploring The Effects Of Long-Term Incumbency In Sarnia, Ontario, Rebecca Hay Jan 2019

Uncontested: A Case Study Exploring The Effects Of Long-Term Incumbency In Sarnia, Ontario, Rebecca Hay

Student Work - Language & Liberal Studies

Mike Bradley has been the mayor of the City of Sarnia since 1988 and is the second-longest serving mayor in Ontario. In 2018, he won yet another municipal election with a whopping 64.4% of the vote. Although voter turnout and high margin election wins would suggest residents are pleased with their mayor of 31 years, recent census statistics point to unaddressed problems. This case study aims to explore the effect that long-term mayoral incumbency has had on municipal public engagement in the City of Sarnia and whether the 2018 mayoral election is a true reflection of voter sentiments.

Go to article

Are The Food Insecure More Likely To Be Obese?, Lisa Russo Jan 2019

Are The Food Insecure More Likely To Be Obese?, Lisa Russo

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the connections between food insecurity and obesity levels throughout the United States over three years (2011-2013). The causes of obesity are often not entirely a result of poor diet and exercise, but of the presence of food deserts in impoverished areas. Changes in income trends in recent years also the poor remain poor rather than experiencing upward mobility. This study builds on previous studies conducted both within the U.S. and internationally that found that food insecurity is a determinant of obesity rates. This study uses poverty as a proxy measurement for food insecurity at the state level, …

Go to article

The Effect Of Corruption On Foreign Direct Investment In Transition Economies: A Panel Data Study, Michael Chodziutko Jan 2019

The Effect Of Corruption On Foreign Direct Investment In Transition Economies: A Panel Data Study, Michael Chodziutko

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the FDI inflows into transition economies of Europe. The study incorporates a time series element to help see how investment has changed over time in this region. Corruption and economic conditions are what will be specifically studied in this model. Market conditions are the final independent variable present in this studied, used to try and understand how the market size can influence inflows. The results show that there is a negative relationship between corruption on FDI flows. It was also found that economic growth and integration into the world economy have a positive relationship in attracting foreign …

Go to article

The Burden Of Public Debt On The United Kingdom: Analyzed With Var Approach, Yuvraj Duggal Jan 2019

The Burden Of Public Debt On The United Kingdom: Analyzed With Var Approach, Yuvraj Duggal

Empirical Economic Bulletin, An Undergraduate Journal

The study aims to find the relationship in between economic growth and public debt in the United Kingdom using a Vectoral Autoregression approach in between 1999 till 2017. The study aims to examine the impact of public debt on interest rates, inflation rates, Real GDP growth rate, and interest debt payments in the UK. The results show a positive and statistically significant impact of public debt on inflation rates and interest rates. It is also found that the variables affect each other as a consequence in the model and therefore public debt also influence the real GDP growth rates and …

Go to article

Stock Recommendations In China: Buyer Beware, Singapore Management University Jan 2019

Stock Recommendations In China: Buyer Beware, Singapore Management University

Perspectives@SMU

Research analysts have incentives to issue positive recommendations; social ties with fund managers exert considerable influence

Go to article

The World In 2019, Vaibhav Sahgal Jan 2019

The World In 2019, Vaibhav Sahgal

Library Events

The speaker shared the key themes that will shape the world in 2019. Some of the themes include the economics of artificial intelligence (AI), central macroeconomics forecast drivers, country outlooks of important countries in Asia / ASEAN region and major global forecast risk in 2019.

Go to article

Humanomics: Moral Sentiments And The Wealth Of Nations For The Twenty-First Century, Vernon Smith, Bart J. Wilson Jan 2019

Humanomics: Moral Sentiments And The Wealth Of Nations For The Twenty-First Century, Vernon Smith, Bart J. Wilson

Economics Faculty Books and Book Chapters

Sometime in the last 250 years, economists lost sight of the full range of human feeling, thinking, and knowing in everyday life. Smith and Wilson show how Adam Smith's model of sociality can re-humanize twenty-first century economics by undergirding it with sentiments, fellow feeling, and a sense of propriety - the stuff of which human relationships are built. Integrating insights from The Theory of Moral Sentiments and the Wealth of Nations into contemporary empirical analysis, this book shapes economic betterment as a science of human beings.

Go to article

Antecedents To The Crisis: Mandeville, Smith, And Keynes, Jonathan B. Wight Jan 2019

Antecedents To The Crisis: Mandeville, Smith, And Keynes, Jonathan B. Wight

Economics Faculty Publications

The purpose of this paper is to present the methods of teaching about the global financial crisis (GFC) from a social economic perspective. Using primary texts from the history of economic thought, the moral underpinnings for collective social action are examined in times of economic depression. The deregulation of financial markets raises two questions: to what extent is deregulation the result of a misunderstanding about human nature and the behavioral lessons of social economics; and to what extend does deregulation ignore the moral lessons of Adam Smith’s invisible hand?

Go to article

The Pittsburg Micropolitan Area Economic Report, Quarter 4, 2019, Pittsburg State University. Gladys A. Kelce College Of Business Jan 2019

The Pittsburg Micropolitan Area Economic Report, Quarter 4, 2019, 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.

Go to article

The Pittsburg Micropolitan Area Economic Report, Quarter 1, 2019, Pittsburg State University. Gladys A. Kelce College Of Business Jan 2019

The Pittsburg Micropolitan Area Economic Report, Quarter 1, 2019, 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.

Go to article

The Pittsburg Micropolitan Area Economic Report, Quarter 3, 2019, Pittsburg State University. Gladys A. Kelce College Of Business Jan 2019

The Pittsburg Micropolitan Area Economic Report, Quarter 3, 2019, 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.

Go to article

The Pittsburg Micropolitan Area Economic Report, Quarter 2, 2019, Pittsburg State University. Gladys A. Kelce College Of Business Jan 2019

The Pittsburg Micropolitan Area Economic Report, Quarter 2, 2019, 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.

Go to article

The Pittsburg Micropolitan Area Economic Profile, 2019, Pittsburg State University. Gladys A. Kelce College Of Business Jan 2019

The Pittsburg Micropolitan Area Economic Profile, 2019, 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.

Go to article

The Role Of Money Market Mutual Funds In The Shadow Banking Sector Since The 2010 & 2014 Sec Reforms, George Kiss Jan 2019

The Role Of Money Market Mutual Funds In The Shadow Banking Sector Since The 2010 & 2014 Sec Reforms, George Kiss

Theses - Graduate Programs in Economic Theory and Policy

The analysis undertaken within this thesis questions the role of money market mutual funds (MMFs) in the shadow-banking sector since the 2010 and 2014 SEC reforms. In order to conduct such an analysis we provide a comprehensive history of the rise of these funds and how they contributed to the 2007-2009 Financial Crisis. A brief explanation of the 2010 and 2014 reforms is then given and we show that neither of these regulations have made these funds safer, but have increased the risk they pose to the overall financial system. We evaluate how the maturity distribution of securities held within …

Go to article

Evolution Of Us-Dollar-Centric International Money Markets And Pro-Cyclicality Of Basel Iii Liquidity Framework, Oleksandr Valchyshen Jan 2019

Evolution Of Us-Dollar-Centric International Money Markets And Pro-Cyclicality Of Basel Iii Liquidity Framework, Oleksandr Valchyshen

Theses - Graduate Programs in Economic Theory and Policy

This thesis presents research on the evolution of the US-dollar-centric international money markets. The timeline starts from late nineteenth century US, where the New York call money market already featured a number of sophisticated techniques such as margin investing, over-certification, and re-hypothecation. Next, I explore the evolution of the market leading up to and after the Great Depression, through the regulatory period of the New Deal, and functional finance of the late 1930s and greater part of the 1940s. In the postwar period, I highlight the Federal Reserve’s push for free markets, the sudden rise of the euro-dollar market in …

Go to article

Consumer Capitalist Christmas: How Participation In Christmas Frames Us As Religious Subjects, Shelby Burroughs Jan 2019

Consumer Capitalist Christmas: How Participation In Christmas Frames Us As Religious Subjects, Shelby Burroughs

Religion: Student Scholarship & Creative Works

Christmas seems to start earlier and earlier every year. It starts with the music that plays on the radio, then retail stores begin to drape their shelves with red and green streamers, followed by Christmas movies running on every other channel. Every December, Christmas feels almost inescapable. The holiday manages to find its way into every facet of public life in the United States. Christians and non-Christians alike find themselves exchanging gifts with friends and loved ones on the 25th of December every year. Christmas is able to be so pervasive because of how unassuming it is. You participate in …

Go to article

Front Matter Jan 2019

Front Matter

Gettysburg Economic Review

No abstract provided.

Go to article

Are Price-Earnings Ratios Mean Reverting? An Empirical Study, Kevin Klassen Jan 2019

Are Price-Earnings Ratios Mean Reverting? An Empirical Study, Kevin Klassen

Gettysburg Economic Review

Mean reversion in stock prices is a highly studied area in the financial literature with controversial findings. While some economists have found evidence of mean reverting processes in stock prices, many argue in favor of the Efficient Market Hypothesis which states stock prices are random walk processes. This paper seeks to add to the literature on mean reversion but testing for evidence in price-earnings ratios rather than stock prices. The study employs a robust regression model controlling for company-specific and general market factors that influence price-earnings ratio deviations. After correcting for heteroskedasticity, serial correlation, and unit root processes, the results …

Go to article

Blockchain Technology - China's Bid To High Long-Run Growth, Tyler J. Mann Jan 2019

Blockchain Technology - China's Bid To High Long-Run Growth, Tyler J. Mann

Gettysburg Economic Review

Despite having the second largest economy at $13 trillion, China has only recently surpassed the World Bank’s definition of the ‘middle-income range’ which is a gross national income per capita between $1,000 to $12,000 (constant 2011 international $). This is a noteworthy accomplishment since many other developing nations have fallen victim to economic stagnation within this range leading to the term “middle-income trap”. This paper will argue that one of the ways in which China escaped the middle-income trap and will continue to grow its economic influence is through the support of blockchain technology. Research and development, early technological adoption …

Go to article

The Effect Of Fiscal Transparency On Output, Inflation, And Government Debt, Luce Menicali Jan 2019

The Effect Of Fiscal Transparency On Output, Inflation, And Government Debt, Luce Menicali

Gettysburg Economic Review

This theoretical paper studies the issue of fiscal transparency, which we define as asymmetry of information between the households’ perception of fiscal policy and the actual government balance sheet, in the context of a 24-hour news cycle. We model the economy using the New Keynesian three-equation model to study the effect of fiscal transparency on output, inflation, and especially government debt in order to draw conclusions that are relevant in the realm of policy-making in a sovereign debt crisis scenario. We find that a higher degree of fiscal transparency leads to greater levels of output and inflation as well as …

Go to article

Unsustainable Sustainability: Do Policies That Increase Environmental Quality Exacerbate Income Inequality?, Haley K. Skinner Jan 2019

Unsustainable Sustainability: Do Policies That Increase Environmental Quality Exacerbate Income Inequality?, Haley K. Skinner

Gettysburg Economic Review

International pressure to meet climate and sustainability goals are mounting. Countries attempting to industrialize in the age of sustainability are tasked with industrializing using low-carbon practices. The transition to a “green” economy requires elimination of some jobs and skillsets that may upset social equality. This paper empirically examines the hypothesis that policies aimed at increased environmental performance promote increased income inequality in developing countries. Because existing literature firmly supports the hypothesis that lower income inequality leads to higher environmental performance, this paper develops a simultaneous equations model (SEM) to estimate the hypothesized endogenous relationship using two stage least squares (2SLS) …

Go to article

The Best Of Both Skills: U.S. Immigration, Work Visas, And Local Labor Shortages In Missouri, Adriano Udani Jan 2019

The Best Of Both Skills: U.S. Immigration, Work Visas, And Local Labor Shortages In Missouri, Adriano Udani

Center for Applied Economics

In spite of political rhetoric condemning immigrants’ contributions to the United States, scholars have persistently demonstrated positive social and economic contributions of immigrants. Studies such as these pose important policy implications for Missouri. To what extent does immigration contribute to recent Missouri economic outcomes? How are immigrant workers distributed across Missouri? Are there positive economic outcomes associated only with immigration of high-skilled workers? My analysis shows that higher per capita personal income and higher employment in certain industrial sectors are not solely attributed to high-skill workers. The results here suggest that economic productivity in Missouri is attributed to having a …

Go to article

First Prev Next Last