Economics Commons^™

Right To Education And Access To Schooling: Understanding The Role Of Students’ Transportation Challenges In Selected Junior Secondary Schools In Ilorin, Nigeria, Usman Bolaji Abdulkadir, Egbinola Temitope Anuoluwa

The Journal of Social Encounters

No abstract provided.

Working Paper: The Role Of Nafeer And Social Networks In Sudan’S Humanitarian Response And The Challenges For International Aid, Mazin Sharfi

The Journal of Social Encounters

This paper explores the integral role of Nafeer, a traditional Sudanese communal practice, and social networks in addressing humanitarian crises, focusing on the ongoing 2023 conflict. Nafeer, rooted in rural agricultural settings, has evolved to mobilise urban communities for emergency responses, while social networks extend social support beyond family ties, providing a complementary layer of resource-sharing. Both systems, decentralised and grassroots in nature, contrast sharply with formal international aid structures. The research highlights how Nafeer and social networks mobilise resources through traditional means, such as mobilising social capital and economic resources including remittances, and modern mechanisms, like crowdfunding. It underscores …

Recommended Resources On Darfur And Sudan

The Journal of Social Encounters

No abstract provided.

The Economic Impact Of Fhsu On The Local Economy: Fy 2024, Emily Breit, Thomas Johansen, Samuel Schreyer

SACAD: Scholarly Activities

We evaluate the economic impact Fort Hays State University has on the local economy during fiscal year 2024 by utilizing two estimation methods. These methods focus on the total spending from the institution, the faculty and staff, the students, and the visitors. The results of the analysis estimate the economic impact of the university ranges between $167,598,025 and $240,359,586.

Inter-Prefectural Migration Of Older Adults In The Tokyo Metropolitan Area, Katsuyoshi Nakazawa, Shinji Komatsu

Japanese Society and Culture

This study uses population migration data from the 2020 National Census to examine the migration of older adults within the Tokyo metropolitan area and between the Tokyo metropolitan area and other areas. The main results are as follows: In the Tokyo metropolitan area, both older adults aged 65–74 and those aged 75 and over move out of Tokyo to the three surrounding prefectures. This tendency was more prevalent in those aged 75 and over than those aged 65–74. Regarding migration between the Tokyo metropolitan area and other areas, the results show the opposite trend, with those aged 65–74 outflowing from …

Tourism Resource Development Of Railway Heritage - A Case Study Of Blue Train Taragi, Muneharu Yasumoto

Japanese Society and Culture

The purpose of this thesis is to examine the utilization of railway heritage for tourism, using the example of Blue Train Taragi in Taragi Town, Kumamoto Prefecture. Railway fans are individuals who hold an interest and curiosity in the components necessary for railway operations, including vehicles, tracks, structures, and stations. The experiences of railway fans, who often venture beyond their daily surroundings, can be considered as part of tourist activities. To utilize railway heritage that no longer serves as a transportation service as a tourism resource, it is crucial to create content that allows visitors to experience how it was …

Self-Evolvability—The Ability To Utilize Artificial Intelligence—Definition, Validity, And Policy Implications, Koichi Kume, Hiroyuki Chuma

Japanese Society and Culture

To make full use of the potential of new technologies, including artificial intelligence, it is necessary to switch to a way of thinking and working that is friendly to technology. In this regard, this study examines the concept of “self-evolvability,” which is defined as a mixture of meta-cognition, "informating" everything, and pursuing a shared benefit and desire for self-change. Using survey results in Japan and the United States., we construct a self-evolvability variable and confirm unique features that differ from existing measure, and quantitatively analyzed the relationship between self-evolvability, acceptance of new technologies, provision of personal data, and approval or …

How Do Workers And Firms Bargain Over Wages?, Sydnee Caldwell, Ingrid Haegele, Jӧrg Heining

Upjohn Institute Policy and Research Briefs

No abstract provided.

Bargaining And Inequality In The Labor Market, Sydnee Caldwell, Ingrid Haegele, Jӧrg Heining

Upjohn Institute Working Papers

We use novel surveys of firms and workers, linked to administrative employer-employee data, to study the prevalence and importance of individual bargaining in wage determination. We show that simple survey questions accurately elicit firms’ bargaining strategies. Using the elicited strategies for 772 German firms, we document that the majority of firms are willing to engage in individual wage bargaining. Labor market factors predict firms’ strategies better than firm characteristics. Survey responses from nearly 10,000 full-time workers indicate that most worker-firm interactions begin with the worker rejecting the offer and remaining at the incumbent firm. There is substantial heterogeneity in workers’ …

Essays In Development Economics, Karina Gabitova

USF Tampa Graduate Theses and Dissertations

This dissertation investigates how environmental shocks and early-life health conditions influence child and adolescent development in low- and middle-income countries, using longitudinal data from the Young Lives survey in Ethiopia, India, Peru, and Vietnam. The two chapters address distinct but interrelated dimensions of human capital formation: the effect of environmental shocks on adolescent self-esteem and the causal impact of birth weight on cognitive and non-cognitive outcomes.

Chapter 1 analyzes how shocks such as droughts, floods, and crop failures affect adolescent selfesteem, a key non-cognitive skill linked to long-term well-being. Using a fixed-effects model, the study finds heterogeneous effects: environmental shocks …

Protecting The Future Of Medical Innovation: Balancing Fiscal Responsibility With The Need For National Institutes Of Health And Federal Health Funding, Irina Petrache, Raed A. Dweik, Michelle N. Gong, Jesse Roman, M. Patricia Rivera, Karen J. Collishaw

Division of Pulmonary, Allergy, and Critical Care Medicine Faculty Papers

No abstract provided.

Notes On Trade, Exchange And Competitiveness, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Ruiz-Napoles, P. (2004). The purchasing power parity theory and Ricardo’s theory of value. Contributions to Political Economy, 23(1), 65–80.

• A document titled Marxian trade adjustment flexible xrs (2009-04-30).

• Trade notes and ideas (1998-10-26).

• Handwritten notes (2010-10-12).

• A description for a model simulation (2010-10-11).

• A document titled Marxian trade adjustment flexible xrs (2010-10-14).

• Handwritten notes on generalized PPP (2000-10-10).

• A term paper titled An empirical examination of alternative theory of real exchange rate: A case study of the US dollar by Prakash Kumar Shrestha for Advanced Political Economy II (GECO6205).

• Antonopoulos, R. (1999). A classical approach …

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Notes And Papers On Exchange Rates, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Handwritten notes on exchange rate economics (2010-10-03).

• Figure 12: Undervaluation as a second-best mechanism for alleviating market failures.

• Figure 13: The equilibrium.

• Rodrik, D. (2008). The real exchange rate and economic growth. Brookings Papers on Economic Activity, 2008, 365–412.

• Handwritten notes related to exchange rate economics.

• Lapavitsas, C. (1996). The classical adjustment mechanism of international balances: Marx’s critique. Contributions to Political Economy, 15, 63–80.

• Handwritten notes on exchange rates.

• Fazeli, R. (1999). Alternative perspectives on international competitiveness. Review of Radical Political Economics, 31(3).

• Handwritten My RXR theory (2005-02-05).

• Long run determinants of …

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A Beautiful Mind Meets Harsh Reality: Practical Tips For Negotiators When Bargaining Strays From Ideal Conditions, Christopher C. Douglas, Ellen Grachek, Allyson Strickland, Marie Waung

Journal of Collective Bargaining in the Academy

Bilateral bargaining theory developed by mathematician and Nobel Laureate John Nash predicts that when both parties have full information, a deal is quickly reached without a strike. Such a situation represents ideal conditions, which the real world does not match. However, Nash Bargaining presents a useful baseline for bargaining teams. We discuss deviations from ideal conditions that bargaining teams are likely to face and tactics for overcoming them with the goal of reaching an agreement while avoiding a strike. This paper’s focus draws from our experience negotiating a contract for non-tenure track faculty across the three University of Michigan campuses, …

Trade Notes, 8.12, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• A graph comparing a metric between the U.S. and Japan.

• Appendix 7.1 related to business accounts (2012-08-12).

• Handwritten calculations related to Japan/U.S. PPI and CPI.

• A graph from Ch 11 competition and finance.doc (2012-08-11).

• Handwritten notes titled Chain index ≠ geometric average (2008-12-03).

• Trade theory notes (2012-09-02).

• Handwritten My RxR theory (2012-08-29).

• Notes related to relative unit labor costs in OECD country averages.

• Empirical implementation of my TOT theory (2011-07-13).

• Testing my XR theory (2010-03-29).

• A New York Public Library catalog page for Ricardo Martinez: La poética de la figura.

• Econometric results summary by Enno Schroeder …

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Xr Theory Copies From 2000s, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Marxian trade adjustment flexible XRs (2010-10-11).

• Ricardian trade theory (2010-10-11).

• TUTSIM model output (2010-10-08).

• Appendix titled USA relative real unit labor cost calculation 2009 (2009-03-28).

• Graph of USA/Japan: Bilateral exchange rates and real unit labor costs.

• Data description for the Levy exchange rate project.

• Letter from Anwar Shaikh and Rania Antonopoulos to Dimitri Papadimitriou regarding their project on the long-term behavior of exchange rates (1998-02-09).

• LEVY XR data (1998-01-14).

• Marxian trade adj flex XRs.xls (2008-11-03).

• Handwritten notes concerning absolute versus comparative cost (2003-02-28).

• Handwritten notes on effects of XR on regulating conditions & regulating [costs], with …

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How Government-Funded Factories Helped A Generation Access The Middle Class, Andrew Garin, Jonathan Rothbaum

Upjohn Institute Policy and Research Briefs

No abstract provided.

The Nih Is A Sound Investment For The Us Taxpayer, Nicholas W. Gilpin

School of Medicine Faculty Publications

Research funded by the National Institutes of Health is essential for improving the health of Americans and developing new drugs and treatments for a wide range of diseases.

How Employers Shape The Earnings Gap Between Mothers And Fathers, Rebecca Jack, Daniel Tannenbaum, Brenden Timpe

Upjohn Institute Policy and Research Briefs

No abstract provided.

Democracy And Foreign Aid: How Democratic Institutions Affect Aid Effectiveness, Jonas Bensah

Graduate Research Conference (GSIS)

This research paper examines the comparative effectiveness of foreign aid in Ghana and Zimbabwe, highlighting the critical role of political regimes and democratic institutions. The study underscores that while democratic governance, characterized by transparency, accountability, and citizen participation, significantly enhances aid effectiveness. Ghana’s stable democracy and robust institutions have facilitated the effective use of aid, leading to significant improvements in economic growth, education, healthcare, and infrastructure. In contrast, Zimbabwe’s authoritarian regime, marked by corruption and political repression, has hindered the efficient utilization of aid, exacerbating the country's socio-economic challenges. Policy recommendations for donors emphasize the need for promoting democratic governance, …

From Shatter Zone To Shatterbelt: The Role Of The Three Seas Initiative In Shaping Central And Eastern Europe, Ian Murphy

Graduate Research Conference (GSIS)

The Three Seas Initiative (TSI) is a relatively new political and economic platform aimed at enhancing connectivity and infrastructure development in Central and Eastern Europe (CEE). This initiative seeks to address the region’s historical underdevelopment and lack of north-south connectivity. This paper examines the role of the TSI in the context of a changing geopolitical landscape, where Russia and China are increasingly seeking to exert influence. The central research question is: Does the TSI represent a fundamental shift in the CEE region, and how can it foster interdependence while mitigating the risk of conflict? I argue that the TSI signifies …

Nonstationary Heterogeneous Panels With Multiple Structural Changes, Badi H. Baltagi, Qu Feng, Wei Wang

Center for Policy Research

Nonstationary panels have been widely used in empirical studies in macroeconomics and finance. This paper considers multiple structural changes in nonstationary heterogeneous panels with common factors. Kapetanios, Pesaran, Yamagata (2011) showed that unobserved nonstationary factors can be proxied by cross-sectional averages of observable data. This means that unobserved error factors can be treated as additional regressors, and different break points in slopes and error factor loadings can be considered as multiple breaks in linear regression models with panel data. We generalize the least squares approach by Bai and Perron (1998) to nonstationary panels and show that the break points in …

Working Paper No. 89, Towards A Veblenian View Of The Digital Realm, Tanner Weber

Working Papers in Economics

This inquiry seeks to establish that Thorstein Veblen’s writings offered insights that could assist us in understanding the digital realm in contemporary times. Through advancing his thinking for dealing with the instincts of idle curiosity and workmanship, in particular, Veblen provided an understanding of capital as technologies, especially, that should be valued as contributions to the common and joint stocks of knowledge. Back in his day, Veblen’s understanding of capital, ownership, and private property offered ways for us to think of some of the potential usages of technology as well as a range of possibilities for sabotage. What …

Working Paper No. 93, The Father, The Son, And The ‘Sulphuric’ Spirit: Reflections Upon Gunnar Myrdal's Early Writings Dealing With J. M. Keynes, Plus The ‘Great Recession’, Niccolo Cellini

Working Papers in Economics

This inquiry explores Gunnar Myrdal's contributions to counter-cyclical fiscal policy, emphasizing his belief in accumulating surpluses during economic growth and deploying them during downturns. The first section discusses Myrdal's critique of traditional austerity measures, advocating for transparency in deficit spending and highlighting the psychological impact of fiscal policy. The second section compares Myrdal’s views with John Maynard Keynes’, noting their shared concerns regarding unemployment while emphasizing Myrdal's focus on social equity and institutional reform. The final section applies Myrdal’s framework to the U.S. response to the Great Recession, analyzing the limitations of the American Recovery and Reinvestment Act (ARRA) and …

Working Paper No. 94, Franklin Roosevelt, His New Deal Policies, And The Ending Of Laissez-Faire, Amanda F. Worman

Working Papers in Economics

This inquiry seeks to establish that what were widely known and recognized as Franklin Roosevelt’s distinct ‘New Deal’ policies sought to offset some of the disruptive effects associated with the ending of Laissez-faire. Roosevelt’s upbringing, education, as well as his entry into the political sphere¾ starting out in New York State¾helped to shape the economic thinking that would later provide a foundation for what would become his New Deal policies advanced by his administration during the years of the Great Depression. Actions and policies indicative of Roosevelt’s policy thrust also align with arguments presented by the British economist, John Maynard …

Firm Selection And Growth In Carbon Offset Markets: Evidence From The Clean Development Mechanism, Qiaoyi Chen, Nicholas Ryan, Daniel Yi Xu

Discussion Papers

We study carbon offsets sold by firms in China under the Clean Development Mechanism (CDM). We find that offset-selling firms, meant to cut carbon emissions, instead increase them by 49% after starting an offset project. In a model of firm investment decisions and offset review, we estimate that CDM firms increase emissions due to both the selection of higher-growth firms into projects (35 pp) and because offset projects themselves boost firm growth and therefore emissions (14 pp). The CDM reduces global surplus by causing damages from increased emissions four times greater than private gains from trade in the offset market.

"Firm Selection And Growth In Carbon Offset Markets: Evidence From The Clean Development Mechanism", Qiaoyi Chen, Nicholas Ryan, Daniel Yi Xu

Cowles Foundation Discussion Papers

We study carbon offsets sold by firms in China under the Clean Development Mechanism (CDM). We find that offset-selling firms, meant to cut carbon emissions, instead increase them by 49% after starting an offset project. In a model of firm investment decisions and offset review, we estimate that CDM firms increase emissions due to both the selection of higher-growth firms into projects (35 pp) and because offset projects themselves boost firm growth and therefore emissions (14 pp). The CDM reduces global surplus by causing damages from increased emissions four times greater than private gains from trade in the offset market.

Working Paper No. 90, Social Hierarchies In The Music Industry And Thorstein Veblen's Understanding Of Institutions, Citlactli Carrera López

Working Papers in Economics

This inquiry seeks to establish that Thorstein Veblen’s understanding of institutions could be used to offer insights into social hierarchies found within the music industry. Institutions, as viewed by Veblen, are structures that are influenced by and extensions of habits that provide an understanding of human behavior. Society creates standards which determine the way that the population operates, setting levels of what is considered as correct and incorrect behaviors. Institutions have a way of altering the way society is governed, setting expectations and new mindsets of how people should interact with each other. Through the introduction of new technologies, these …

Bubble Mitigation Policies: Counterfactual Analysis And Treatment Effect Inference, Ye Chen, Peter C.B. Phillips, Shuping Shi

Cowles Foundation Discussion Papers

To safeguard economic and financial stability policymakers regularly take actions designed to increase resilience to systemic risks and curb speculative market behavior. To assess the effectiveness of such mitigation policies, we introduce a counterfactual approach tailored to accommodate the mildly explosive dynamics that occur during speculative bubbles. We derive asymptotics of the estimated treatment effect under a common factor structure that allows for explosive, I(1), and stationary factors, thereby having applicability to a wide range of prevailing economic conditions. An inferential procedure is proposed for the policy treatment effect that has asymptotic validity and demonstrates satisfactory finite sample performance. An …

Data-Driven Mechanism Design: Jointly Eliciting Preferences And Information, Dirk Bergemann, Marek Bojko, Paul Duetting, Renato Paes Leme, Haifeng Xu, Song Zuo

Cowles Foundation Discussion Papers

We study mechanism design when agents have private preferences and private information about a common payoff-relevant state. We show that standard message-driven mechanisms cannot implement socially efficient allocations when agents have multidimensional types, even under favorable conditions.

To overcome this limitation, we propose data-driven mechanisms that leverage additional post-allocation information, modeled as an estimator of the payoff-relevant state. Our data-driven mechanisms extend the classic Vickrey-Clarke-Groves class. We show that they achieve exact implementation in posterior equilibrium when the state is either fully revealed or the utility is affine in an unbiased estimator. We also show that they achieve approximate implementation …