Economics Commons^™

Determinants Of Money Supply In Nigeria, Aderopo R. Adediyan

CBN Journal of Applied Statistics (JAS)

Studies on money supply determinants focus on the Classicists or Monetarists, Keynesians and post-Keynesians variables like income and money multiplier. This research extends the literature on money supply determinants to include the influence of financial liberalization on money supply with a reference to Nigeria between 1980 and 2019, using the Autoregressive Distributed Lag (ARDL) approach. Data used for the study were collected from the 2019 CBN Annual Statistical Bulletin. The study found that financial liberalization is an important factor in determining money supply in Nigeria, in addition to currency ratio, required reserve ratio and high-powered money. As a result, the …

Public Education, The State, And The Crisis, Hakan Yilmaz

Publications and Research

This paper aims to construct a framework for understanding the causes and dynamics of the wave of teacher strikes that took place in 2018-19. To do this, the paper first analyzes the constraints under which the state managers function and describes the relationship between the state and public education. Second, it summarizes a theoretical framework for understanding the Great Recession and describes the influence of neoliberal policy orthodoxy on the reaction to the Great Recession. Third, it provides empirical evidence that displays how following the Great Recession, the constraints of the state actors and implementation of certain policies reduced spending …

Budget Support And Quality Of Public Governance In West Africa, Ademonkoun Rodolphe Godfried Missinhoun

Walden Dissertations and Doctoral Studies

Donors have been increasingly using budget support since 2000 to associate development aid delivery with improved development institutions and good policies that will ensure aid effectiveness, in particular in West Africa Economic and Monetary Union (WAEMU) countries. There is however little evidence that budget support promotes good policies and institutions in WAEMU countries. The purpose of this quantitative research was to explore relationships between budget support as an official development assistance modality and public expenditures efficiency as an indicator of public governance quality. The aid effectiveness theoretical framework developed by Cordello and Dell ’Ariccia informed research questions to determine whether …

Innovation And Market Leadership In A Technology Industry, Wilson Zehr

Walden Dissertations and Doctoral Studies

According to the Abernathy-Utterback (A-U) model, firms focus on technological product innovation early in the product lifecycle and then shift to process innovation as markets mature. However, there is no consensus on the forms that non-technological innovation can take. In addition, the A-U model, which guides innovators, does not include forms of non-technological innovation that are generally accepted by experts. In this study, a hybrid e-Delphi technique with an AHP decision model was used to evaluate the forms of innovation used to establish market leadership over the historical lifecycle of the personal computer industry in the United States. In Phase …

Reducing Voluntary Employee Turnover In Supermarkets, Elena Wynn Cubillo

Walden Dissertations and Doctoral Studies

Supermarkets in the United States are experiencing losses in profitability due to an increase in voluntary employee turnover. Grounded in Herzberg’s two-factor theory of motivation, the purpose of this qualitative multiple case study was to explore strategies supermarket managers use to reduce voluntary employee turnover. Participants were 5 supermarket managers in the Southeast United States who successfully reduced voluntary employee turnover. Participants responded to 7 open-ended, semistructured interview questions. A review of company documents and peer-reviewed journals supplemented the data collection. Thematic analysis was used to analyze data and 4 themes emerged: compensation, employee recognition, organizational culture, and empowerment. The …

Customer And Employee Social Media Comments/Feedback And Stock Purchasing Decisions Enhanced By Sentiment Analysis, Drew Mikel Hall

Walden Dissertations and Doctoral Studies

The U.S. Securities and Exchange Commission (SEC) warns professional investors that sentiment analysis tools may lead to impulsive investment decision-making. This warning comes despite evidence showing that aided social sentiment investment decision tools can increase accurate investment decision-making by 18%. Using Fama's theory of efficient market hypothesis, the purpose of this quantitative correlational study was to examine whether customer Twitter comments and employee Glassdoor feedback sentiment predicted successful investing decisions measured by business stock prices. Two thousand records from 3 archival U.S. public NASDAQ 100 datasets from March 28, 2016, to June 15, 2016 (79 days) of 53 companies with …

From Hobbes To Habermas: The Anti-Cultural Turn In Western Political Thought, Ralph Gert Schoellhammer

Theses and Dissertations--Political Science

The theme of this dissertation is the anti-cultural turn of Western Political Thought that has emerged out of Enlightenment thinking and was first turned into a comprehensive political idea by Thomas Hobbes.

Beginning with an overview of psychological research into the phenomenon of culture I put forward the argument that human beings are by nature social and individualistic, but that they oscillate between their ability to put group-interests before individual interests and vice versa. Culture is the main mechanism that influences which interest we give priority. This mechanism work through emotional attachments that create intuitions about what is morally right …

Three Perspectives On Innovation In European Agriculture: From Public Research To The Circular Economy, Michele Vollaro

Theses and Dissertations--Agricultural Economics

The dissertation examines the idea that current and future challenges faced by the European agricultural sector call for a multidimensional approach combining the classical path of productivity growth with more stringent commitments to environmental protection, and more incisive mitigation and adaptation actions to mitigate climate change, all within a policy context of a transition toward the cyclical management of resources (inputs, outputs and wastes) inspired by the circular economy concept. The three essays of the dissertation aim to show: that agricultural productivity in Europe is supported by complementarities between public and private investments in agricultural research with remarkable results in …

The Coffee In Your Cup: Reviewing Fair Trade’S Impact On Development, Elena Liu

Oswald Research and Creativity Competition

Fair trade is one of many certification strategies available to coffee producers around the globe. The fair trade (FT) movement broke into the American coffee industry with strategies aimed at reducing global poverty among farmers in developing nations, primarily using the FMP and FP mechanisms. This review will discuss why research on the development effects of fair trade is increasingly nebulous, how researchers have analyzed it up until now, their findings, and future recommendations to improve the clarity of results. Current literature on fair trade’s impact provides consistent reports of higher prices attained, but inconclusive findings surrounding increased income and …

Integrative And Contextual Learning In College Algebra: An Interdisciplinary Collaboration With Economics, Choon Shan Lai, Glenn Henshaw, Tao Chen, Soloman Kone

Publications and Research

Many students consider mathematics too abstract and useless for their academic and career goals. Meanwhile, instructors in quantitative disciplines such as economics find many students mathematically underprepared for their courses. The disconnect between students’ perceptions of the utility of mathematics and their life and career may have contributed to some of the under-performance in learning mathematics. Addressing this problem requires collaboration across disciplines to develop an understanding of each other’s needs, more specifically to develop an integrative platform that allows students to apply mathematical skills in interdisciplinary contexts (Ganter & Barker, 2004). We collaboratively designed and implemented an integrative platform …

Homeownership Rate And Other House Price Determinants Impacts On New House Prices In Colombia, Hector A. Botello-Peñaloza

Journal for the Advancement of Developing Economies

Homeownership remains a preferred form of tenancy in different parts of the world. The attractions of security, stability, investment potential and a sense of pride outweigh the fear of price instability. For this reason, the Colombian government has encouraged in recent years, various demand policies that have sought to promote the increase in the number of homeowners. However, these ideas could have a severe impact on prices in the real estate market. Therefore, this study seeks to examine the effect of homeownership rate on new house prices in an emerging country with low real estate ownership, credit restrictions and average …

Corruption, Government Effectiveness And Human Development In Sub-Saharan Africa, Sakiru O. Akinbode, Jayeola Olabisi, Remilekun R. Adegbite, Timothy A. Aderemi, Abimbola M. Alawode

Journal for the Advancement of Developing Economies

Aside economic factors causing low human development which have been extensively studied in literature, the implications of high level of corruption and weak governance prevalent in sub- Saharan African (SSA) countries have not been explored. The study assessed the effects of corruption, government effectiveness and their joint effect on human development in SSA. Data collected on thirty-seven (37) countries within the period of 2005 to 2018 were analyzed using system Generalized Method of Moment which was most suitable for the dataset. Results indicated that lagged human development index (P<0.01), government effectiveness (P<0.05), economic growth rate (P<0.1) and government health spending (P<0.1) had significant positive effect on human development while corruption and its interaction with government effectiveness did not. The results of Arrelano-Bond test of first order autocorrelation and second order autocorrelation of error term as well as the Sargan test and Hansen J test for validity of instrumental variables confirmed the validity of the model. The robustness of the estimation was established as the coefficient of the lagged dependent variable fell between the values in the fixed effect and pooled ordinary least square regression. The study recommended retraining and reorientation of government employees towards the mindset of effective service delivery and strong political will to achieve it, diversification of SSA economies alongside other growth stimulating policies such as reduced lending interest rate on loans meant for the real sector, improvement in the ease of doing business, improved funding of the health sector and proper monitoring of activities in the public service by concerned agencies to curb corruption where it is present.

The Desire For Luxury In Emerging Markets: An Interactional Perspective On Consumer Motivations In Tunisia, Pranjal Gupta,, Mouna Zaghdoudi

Journal for the Advancement of Developing Economies

The motivations underlying the desire for luxury products and services have long been the subject of academic inquiry. An understanding of these motivations is useful for the luxury market industry to help managers formulate better marketing strategies. Further, such knowledge would also be useful to public policy makers to help them mitigate societal problems that may occur as a result of such consumption. Of particular interest is the growth of the luxury market in emerging economies. This study spotlights the luxury market in Tunisia. Previous work has demonstrated that age has a significant impact both on willingness to buy luxury …

Valuing Public Transport Customer Amenities: International Transit Agency Practice, Chris De Gruyter, Graham Currie

Journal of Public Transportation

Public transport customer amenities cover a range of measures that can enhance the quality of the passenger experience, such as information provision and station quality. While much research has determined the value that users place on amenities, there is little understanding of current practice in the use of customer amenity valuations in project appraisal. A survey of transit agencies in 11 cities (Melbourne, Sydney, Brisbane, Perth, Auckland, London, Paris, Toronto, Vienna, Oslo and Singapore) was undertaken showing that Australasian cities, albeit Melbourne, generally have widespread inclusion of customer amenities as part of advanced appraisals for all relevant types of public …

Risk Preference Stability In The Aftermath Of Natural And Human-Influenced Catastrophes: A Meta-Analysis, James R. Bailey

Honors Undergraduate Theses

We estimate the impact of natural and human-influenced catastrophes on individual risk preferences. Using the meta-analysis process with random-effects models, we examine the significance of the effect of different catastrophes on individual risk preferences. As natural and human-influenced catastrophes have become more frequent a number of studies have evaluated their effects on risk attitudes. In this thesis a meta-analysis is performed from the results in these recent studies, allowing for comparisons across catastrophes and against results from laboratory experiments. In evaluating the change in risk-taking behavior amongst affected populations it may better inform relief efforts and policy decisions. Overall, subjects …

Hedonic Games And Monte Carlo Simulation, Sheida Etemadidavan, Andrew J. Collins

Engineering Management & Systems Engineering Faculty Publications

Hedonic games have applications in economics and multi-agent systems where the grouping preferences of an individual is important. Hedonic games look at coalition formation, amongst the players, where players have a preference relation over all the coalition. Hedonic games are also known as coalition formation games, and they are a form of a cooperative game with a non-transferrable utility game. Some examples of hedonic games are stable marriage, stable roommate, and hospital/residence problem. The study of hedonic games is driven by understanding what coalition structures will be stable, i.e., given a coalition structure, no players have an incentive to deviate …

Municipal Fiscal Distress In Pennsylvania: Assessing The Municipalities Financial Recovery Act 47 Of 1987, Terry Tracy

West Chester University Doctoral Projects

In the Commonwealth of Pennsylvania, the Department of Community and Economic Development administers a Municipal Financial Recovery program to improve outcomes in fiscally and socio-economically distressed cities. The program operates under the auspices of the Pennsylvania Municipal Recovery Act 47 of 1987.

It is designed to provide state and municipal governments the resources necessary to combat fiscal distress and economic decline, where municipalities lack the political or financial wherewithal to do so autonomously. Those resources include access to grant funding, special latitude over tax policy and fee structures not otherwise permitted by Pennsylvania’s Constitution, and developing a five-year fiscal recovery …

Nebraska Farm Real Estate Market Highlights 2019-2020, Jim Jansen, Jeffrey Stokes

Extension Farm and Ranch Management News

Introduction

The Nebraska Farm Real Estate Market Highlights 2019-20 report represents the 42nd edition to the annual series. These reports provide an important insight on agricultural land market dynamics for stakeholders across Nebraska. In today’s market, where market transactions exceeding $1 million dollars are the norm, objective market information and analysis is more critical than ever. The focus of the report continues to be on providing unbiased information for agricultural land values and rental rates so industry participants can make educated and informed decisions.

This year, the February 2020 survey of nearly 120 expert panel members from across the state …

Antitrust Implications For Mergers Involving Maverick Firms, Alexander Mcglothlin

Theses and Dissertations--Economics

Maverick firms are defined in the Horizontal Merger Guidelines as those firms that may exert a disproportional competitive effect in markets where they compete. The Guidelines mandate that mergers and acquisitions involving maverick firms be given special consideration by the Agencies, however not much is known about maverick firms or their competitive effects when they are acquired. The Guidelines describe characteristics that may be present in a maverick firm, but stop short of providing a discrete test that may be used for their identification. They are often small firms whose acquisitions do not warrant reporting to the Agencies due to …

The Influence Of Blockchain Technology On Fraud And Fake Protection, Youngju Yun

OUR Journal: ODU Undergraduate Research Journal

No abstract provided.

Legalized Sports Betting, Vlt Gambling, And State Gambling Revenues: Evidence From West Virginia, Brad Humphreys

Economics Faculty Working Papers Series

A Supreme Court decision legalizing sports betting in the US led states to legalize sports betting in order to generate new tax revenues from wagering on sports events. Most states already permit other forms of gambling and receive tax revenues from these sources. The literature analyzing consumer substitution in gambling spending contains some evidence on the impact of expansions in many types of gambling, but no evidence on the impact of expanded sports betting. This paper exploits the legalization of sports betting and timing of sports book openings in West Virginia to analyze the impact of expanded sports betting on …

A Class Action Lawsuit For The Right To A Minimum Education In Detroit, Carter G. Phillips

Northwestern Journal of Law & Social Policy

No abstract provided.

Time Spent Exercising And Obesity: An Application Of Lewbel’S Instrumental Variables Method, Charles J. Courtemanche, Joshua C. Pinkston, Jay Stewart

Institute for the Study of Free Enterprise Working Papers

This paper examines the role physical activity plays in determining body mass using data from the American Time Use Survey. Our work is the first to address the measurement error that arises when time use during a single day—rather than average daily time use over an extended period—is used as an explanatory variable. We show that failing to account for day-to-day variation in activities results in the effects of time use on a typical day being understated. Furthermore, we account for the possibility that physical activity and body mass are jointly determined by implementing Lewbel’s instrumental variables estimator that exploits …

Neoliberalism And Financialization In Turkey, Hakan Yilmaz

Publications and Research

This paper summarizes the process of financialization under the neoliberal restructuring of the Turkish economy. First, it discusses the political and economic context that led to the restructuring. Then, it elaborates the first stage of Turkish neoliberalism and financialization under the ANAP government, and the various coalition governments throughout 1990s. Then, it describes the second stage of this process under the Neoliberal Populist regime of the AKP government. Finally, it tries to locate neoliberalism and financialization in the country’s long-term capitalist development. In this context, the paper aims to display the connection between Marx’s tendency of the rate of profit …

The Distributional Short-Term Impact Of The Covid-19 Crisis On Wages In The United States, Yonatan Berman

Publications and Research

This paper uses Bureau of Labor Statistics employment and wage data to study the distributional impact of the COVID-19 crisis on wages in the United States by mid-April. It answers whether wages of lower-wage workers decreased more than others', and to what extent. We find that the COVID-19 outbreak exacerbates existing inequalities. Workers at the bottom quintile in mid-March were three times more likely to be laid off by mid-April compared to higher-wage workers. Weekly wages of workers at the bottom quintile decreased by 6% on average between mid-February and mid-March and by 26% between mid-March and mid-April. The average …

Business Cycles And American Dreams: (Dis) Aggregate Fluctuations And Intergenerational Mobility, Kailie Drescher

Electronic Theses and Dissertations

In this thesis, I test my central hypothesis that aggregate economic fluctuations (business cycles) affect intergenerational economic mobility (American dreams). I exploit heterogeneity across U.S. state-level business cycles. I argue that these cycles impose countercyclical credit constraints on households that rely on credit to invest in the human capital of their children. Thus, credit constraints effectively limit the skills and expected earnings of children. I focus on an empirical measure of absolute mobility that Chetty et al. (2017) propose: the rate of absolute income mobility, which measures the fraction of adult children who earn more than their parents earned, conditional …

Working Capital Management And Economic Policy Uncertainty, Jacob Kplorla Tandoh

Electronic Theses and Dissertations

In the aftermath of the financial crisis, Ernst and Young (2009) working capital report note that the leading 2,000 corporations in the US and Europe can extract an up to US$1 trillion if they manage their working capital efficiently. While the existing literature documents the effects of working capital management on firm performance, there is a dearth of research between economic uncertainty and working capital management. We attempt to fill this gap by examining the effect of the economic policy uncertainty on firms’ ability to manage their working capital. For this study, with over 80,000 US firm-year observation over the …

The Impact Of Daca On The Labor Force: An Analysis On Non-Native Wage Growth, Chantal Balta

Scripps Senior Theses

Considering the recent efforts of the Trump Administration to rescind the Deferred Act for Childhood Arrivals (DACA), I wanted to explore how this policy has impacted the American labor market since its inception in 2012. Specifically, this paper discusses the impact of DACA on non-native wage growth. By using data from the American Community Survey from the years 2000-2016, we will use a difference-in-difference model to see the impact of the policy on immigrants recorded in the dataset by using the native-born labor force as a control. Initial results indicate that there is no statistically significant impact on non-native wage …

The Role Of Human Capital In The Structural Change Process, Michele Aparecida Nepomuceno Pinto, Edinaldo Tebaldi, Marina Silva Da Cunha

Economics Faculty Journal Articles

The main of this paper is to verify if human capital is an important determinant of structural change in the different sectors of the economy and if it can accelerate the speed of this structural transformation. This paper contributes to the literature once it develops an empirical test of the model proposed by Li et al. (2019) and it uses the generalized method of moments (GMM) which considers the problem of endogeneity found in human capital variables, it also uses two proxies for human capital and structural change in order to verify whether or not they affect the variable of …

Part 2: The Way We Were: 2010-2019, Center For Economic Analysis And Policy

State of the Commonwealth Reports

No abstract provided.