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Full-Text Articles in Economics

Policies, Projections, And The Social Cost Of Carbon: Results From The Dice-2023 Model, Lint Barrage, William D. Nordhaus Feb 2023

Policies, Projections, And The Social Cost Of Carbon: Results From The Dice-2023 Model, Lint Barrage, William D. Nordhaus

Cowles Foundation Discussion Papers

The present study examines the assumptions, modeling structure, and preliminary results of DICE-2023, the revised Dynamic Integrated Model of Climate and the Economy (DICE), updated to 2023. The revision contains major changes in the carbon and climate modules, the treatment of non-industrial greenhouse gases, discount rates, as well as updates on all the major components. The major changes are a significant reduction in the target for the optimal (cost-beneficial) temperature path, a lower cost of reaching the 2 °C target, an analysis of the impact of the Paris Accord, and a major increase in the estimated social cost of carbon.


Dr. Paul Sutton, Ayanna Schubert Feb 2023

Dr. Paul Sutton, Ayanna Schubert

DU Undergraduate Research Journal Archive

This interview with Dr. Paul Sutton was conducted by the DUURJ Editor At Large.


Design Power And Potential Future Of Global Organization Of Life, A. Fuat Fırat Feb 2023

Design Power And Potential Future Of Global Organization Of Life, A. Fuat Fırat

Markets, Globalization & Development Review

In this essay I propose a definition of design to address its potential role in largely determining power relations in the future. Some foundational discussion of wealth, culturally constructed differently in different historical times, trends of corporatization in the contemporary world, and the birth of control society is presented to help understand the possibilities and difficulties of building future organizations of life. I invite discussions and dialogues to widen and deepen the concept of design power.


An Institutional Perspective On Climate Change, Markets, And Consumption Across Three Countries, Delphine Godefroit-Winkel Feb 2023

An Institutional Perspective On Climate Change, Markets, And Consumption Across Three Countries, Delphine Godefroit-Winkel

Markets, Globalization & Development Review

This manuscript enriches knowledge about consumers’ responses to climate change actions. Through the lens of institutional theory, it examines the findings of three studies run in France, Morocco and the United States. In Morocco, consumers are more responsive to climate change actions when they are managed at the level of their country, and company. Moroccan consumers express ambivalent emotions when their supermarket engages in actions to combat climate change. In France, consumers are less responsive when their country engage in climate change actions, but they display positive responses towards their supermarkets’ climate change actions. In the United States, the responses …


Marketing, Development, And The Question Of Meaning, Dominique Bouchet Feb 2023

Marketing, Development, And The Question Of Meaning, Dominique Bouchet

Markets, Globalization & Development Review

Originally developed as a sales technique, marketing ended up playing an economic and political role globally. With the advent of globalization and sustainability issues, the importance given to the techniques of marketing in both analyses and in communication limits the possibility of mutual understanding and of social creativity. A profound understanding of what is at stake for society and culture is not what matters when the focus is on the ways to maintain the superficial link to the instrument of power.

The market plays a central role within the fields of marketing, economics and politics. Yet, questions of what the …


Privileging Localism And Visualizing Nationhood In Anti-Consumption, Rohit Varman, Russell Belk Feb 2023

Privileging Localism And Visualizing Nationhood In Anti-Consumption, Rohit Varman, Russell Belk

Markets, Globalization & Development Review

The main aim of this research is to understand the genesis and nature of an anti-consumption movement in India and its emphasis on nationalism through localism. This research adopted a case study design, including in-depth interviews and discursive analysis. Through a historical analysis this research shows the influence of anarchist political philosophy in a contemporary anti-consumption movement. It demonstrates that anti-consumption is inflected with discourses of freedom, anti-authoritarianism, and anti-statism, which are central to the anarchist conception of localism. This research shows that anti-consumption movements in India use consumption objects to privilege local over both national and international. This helps …


Establishing Meaning And Values In Marketing And Broadening Perspectives In Understanding Nationhood And Climate Change, Deniz Atik, Nikhilesh Dholakia Feb 2023

Establishing Meaning And Values In Marketing And Broadening Perspectives In Understanding Nationhood And Climate Change, Deniz Atik, Nikhilesh Dholakia

Markets, Globalization & Development Review

No abstract provided.


Jepson Forum, Flyer, Spring 2023, University Of Northern Iowa. Department Of Economics. Feb 2023

Jepson Forum, Flyer, Spring 2023, University Of Northern Iowa. Department Of Economics.

Jepson Forum

Gives the topic and the speakers for the annual Jepson Forum.


Of Boys And Men: Why The Modern Male Is Struggling, Why It Matters, And What To Do About It, Richard Reeves Feb 2023

Of Boys And Men: Why The Modern Male Is Struggling, Why It Matters, And What To Do About It, Richard Reeves

Brookings Scholar Lecture Series

Boys and men are struggling. Profound economic and social changes of recent decades have many losing ground in the classroom, the workplace, and in the family. While the lives of women have changed, the lives of many men have remained the same or even deteriorated. Our attitudes, our institutions, and our laws have failed to keep up. Conservative and progressive politicians, mired in their own ideological warfare, fail to provide thoughtful solutions.

The father of three sons, a journalist, and a Brookings Institution scholar, Richard V. Reeves has spent twenty-five years worrying about boys both at home and work. His …


The ‘Awam’ And Reform, Ishrat Husain Dr. Feb 2023

The ‘Awam’ And Reform, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

Pakistan’s economic situation requires fresh thinking and a clear approach. The blame game where each incoming government passes the buck to its predecessor has reached saturation level. People expect the incumbents to show them the path of relief to resolve their present difficulties, particularly inflation. All governments are scared of taking tough, but necessary decisions, for fear of alienating the awam (public), attacks by the opposition parties and media, and erosion of their political capital. Let’s see how this fear is misplaced.


The Trade Impact Of Economic Integration Agreements, Byungyul Park, John C. Beghin Feb 2023

The Trade Impact Of Economic Integration Agreements, Byungyul Park, John C. Beghin

Cornhusker Economics

A year ago, Cornhusker Economics reported on the substantial trade integration that has been taking place globally in recent decades (see Beghin, 2022). With this proliferation of Economic Integration Agreements (EIAs) through regional and bilateral trade agreements and customs unions since the 1990s, many economists have investigated the effect of these agreements on merchandise trade. Early investigations struggled to find robust findings. They reached two opposite conclusions, with an eventual rejoinder on their limitations. Some investigations found statistically insignificant or negligible effects of EIAs on trade flows. Other investigations found significant effects, sometimes negative, of EIAs on trade. See Park …


The Independent Contractor Workforce: New Evidence On Its Size And Composition And Ways To Improve Its Measurement In Household Surveys, Katharine G. Abraham, Brad J. Hershbein, Susan N. Houseman, Beth Truesdale Feb 2023

The Independent Contractor Workforce: New Evidence On Its Size And Composition And Ways To Improve Its Measurement In Household Surveys, Katharine G. Abraham, Brad J. Hershbein, Susan N. Houseman, Beth Truesdale

Upjohn Institute Working Papers

Good data on the size and composition of the independent contractor workforce are elusive, with household survey and administrative tax data often disagreeing on levels and trends. We carried out a series of focus groups to learn how self-employed independent contractors speak about their work. Based on these findings, we designed and fielded a large-scale telephone survey to elicit more accurate and complete information on independent contractors, including those who may be coded incorrectly as employees in conventional household survey data and those who are independent contractors in a secondary work activity. We find that, upon probing, roughly one in …


Public Support For Community Microgrid Services, Janie M. Chermak, Jesse Ian Kaczmarski Feb 2023

Public Support For Community Microgrid Services, Janie M. Chermak, Jesse Ian Kaczmarski

SMART Grid Center (NM EPSCoR RII V)

Survey instrument, codebook, summary statistics, and simulation code in STATA v16.1 format for the analysis reported in:

Kaczmarski, Jesse I. "Public support for community microgrid services." Energy Economics 115 (2022): 106344. https://doi.org/10.1016/j.eneco.2022.106344

Accompanying files include a STATA log file and a README. Information from the README file is also included below.

Per the consent language in the included survey instrument, raw data from the reported study are not publicly available.

This readme file was generated on 2023-02-20 by Jesse Kaczmarski

GENERAL INFORMATION

Title of Dataset: Public Support for Community Microgrid Services

Principal Investigator Information Name: Janie Chermak ORCID: N/A Institution: …


Michigan Unemployment Insurance: Background For Planning Analysis, Christopher J. O'Leary Feb 2023

Michigan Unemployment Insurance: Background For Planning Analysis, Christopher J. O'Leary

Presentations

No abstract provided.


The Effect Of Education Policy On Crime: An Intergenerational Perspective, Costas Meghir, Marten Palme, Marieke Schnabel Feb 2023

The Effect Of Education Policy On Crime: An Intergenerational Perspective, Costas Meghir, Marten Palme, Marieke Schnabel

Cowles Foundation Discussion Papers

We study the intergenerational effect of education policy on crime. We use Swedish administrative data that links outcomes across generations with crime records and we show that the comprehensive school reform, gradually implemented between 1949 and 1962, reduced conviction rates both for the generation directly affected by the reform and for their sons. The reduction in conviction rates occurred across many types of crime. Key mediators for this reduction in the child generation are an increase in education and a decline in crime amongst their fathers.


Pollution Control And Carbon Reduction In Whole Industrial Process: Method, Strategy And Scientific Basis, Hongbin Cao, He Zhao, Yuehong Zhao, Di Zhang Feb 2023

Pollution Control And Carbon Reduction In Whole Industrial Process: Method, Strategy And Scientific Basis, Hongbin Cao, He Zhao, Yuehong Zhao, Di Zhang

Bulletin of Chinese Academy of Sciences (Chinese Version)

As China's environmental protection emission standards are becoming stricter and industrial parks are taking shape, problems such as the lack of stable cooperative treatment technology for toxic pollutants and carbon emission reduction, and the high control cost seriously restrict the sustainable development of economic society and the realization of the strategic goal of carbon emission reduction. Guided by the major environmental protection demand of industries, this study put forward the method, strategy and scientific basis of "Synergistic reduce pollution and carbon in the whole process of industry". Through the coordination of control methods, cross-media, multi-field and multi-factor modeling optimization, the …


Policies For Digital Banking : Part - I, Ishrat Husain Dr. Feb 2023

Policies For Digital Banking : Part - I, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

The State Bank of Pakistan has recently granted five licences for Starting digital banks that would provide the whole range of banking services through digital platforms or electronic channels from the comfort of homes and offices without making trips to brick-and-mortar branches of the banks. Two types of banks – digital retail banks and digital full banks – have been allowed both in the conventional as well as Islamic variants. The minimum capital requirement for digital banks is much lower than those for banks that are operating branches. A diverse range of applicants including domestic commercial banks, microfinance banks, electronic …


Certifiably Employable?: The Effects Of Occupational Regulation On Unemployment Duration, Ilya Kukaev, Edward Timmons Feb 2023

Certifiably Employable?: The Effects Of Occupational Regulation On Unemployment Duration, Ilya Kukaev, Edward Timmons

Economics Faculty Working Papers Series

Occupational regulation is a labor market institution that has received a growing amount of attention by researchers. Existing research has explored the effects of occupational regulation on wages and employment. To the best of our knowledge, no existing study has estimated the effect of occupational credentials on unemployment duration in the US. We derive a random search model to explain differences in individual unemployment duration resulting from heterogeneous effects from licenses and certificates. Our model predicts that an occupational credential with a stronger signaling or human capital effect results in a shorter individual unemployment duration. To estimate the effect of …


On Income Inequality And Poverty In Egypt: Is Prosperity Immoral?, Mohamed Karim Lotfy Abdelkhalek Feb 2023

On Income Inequality And Poverty In Egypt: Is Prosperity Immoral?, Mohamed Karim Lotfy Abdelkhalek

Theses and Dissertations

There are varying perspectives on, and divergent solutions to, the phenomena of income inequality and poverty. There seems to be polarizing views on both of these sensitive topics. One side of the argument believes income inequality should in itself be mitigated through redistribution measures, while the other argues that this should not be the focus of policy makers, as it deters them from facing the more pressing issue facing society – which is absolute poverty. The relationship between income inequality, poverty, and citizen well-being in Egypt is one that warrants further research, and this paper aims to fill this lacuna. …


Meeting The Challenge In A Crisis: Students Perceptions Of Emergency On-Line Teaching In Saudi Arabia, Beverley Mcnally, Carmen Winkel, Wejdan Al Obaydan Feb 2023

Meeting The Challenge In A Crisis: Students Perceptions Of Emergency On-Line Teaching In Saudi Arabia, Beverley Mcnally, Carmen Winkel, Wejdan Al Obaydan

Arab Economic and Business Journal

This paper explores the perceptions of a group of female Saudi Arabian university students, during the Covid-19 pandemic, regarding emergency on-line learning (EOL). The study utilized a mixed methods approach comprising two surveys. The first, examining the mechanics and structure of the shift. The second, a qualitative design eliciting the students’ responses to EOL. While the students initially enjoyed the experience, as time progressed a sense of dissatisfaction developed which became worse the longer the lockdowns lasted. The results assist policy makers, social workers, and student advisors to prepare for future crises that may result in another prolonged lockdown.


Framing Policies For A Digital Economy, Ishrat Husain Dr. Feb 2023

Framing Policies For A Digital Economy, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

Digital banking and eCommerce are ingredients of overall digital strategy. I would like to limit my remarks on the financialsector and how digital banking fits into that. We should not forget the purpose for which the State Bank of Pakistan (SBP) is promoting digital banking. And that is it is an effective tool for strengthening intermediation and financial inclusion in the country inthe pursuit of larger, equitable and sustainable development of Pakistan.


Good Governance: The Path To Development, Eduardo Landaeta Feb 2023

Good Governance: The Path To Development, Eduardo Landaeta

Graduate Research Conference (GSIS)

This paper aims to understand to what extent good governance and effective public policies are aligned in the economic growth of a country. International assistance relies on political-economic analysis to evaluate the donations they can provide to a country. In this regard, good governance of domestic institutions is essential for the efficiency of a country, especially in affiliation with foreign aid. Therefore, a relationship avoiding dependency should be the focus in the short or medium-term.


Complex Global Value Chains And Economic Interdependence: A New Look At The Opportunity Costs Argument, Melle Scholten Feb 2023

Complex Global Value Chains And Economic Interdependence: A New Look At The Opportunity Costs Argument, Melle Scholten

Graduate Research Conference (GSIS)

The classical economic interdependence argument states that trade and investment between countries make conflict less likely, because they increase the opportunity costs of war. War means that trade and investment will dry up, to the detriment of society as a whole. The increased opportunity costs of war (vis-`a-vis peace) means war will be less likely to occur between interdependent states. Certain strands of realism have challenged this assertion. They argue that expectations that trade will decline in future can be a strong incentive for initiating conflict. Giving increasing political and economic tensions between the world’s superpowers – the USA and …


Household Food Security In The Mountain West, 2021, Zachary Walusek, Corryn Richardson, Issac Hernandez-Alcaraz, Annie Vong, Caitlin J. Saladino, William E. Brown Jr. Feb 2023

Household Food Security In The Mountain West, 2021, Zachary Walusek, Corryn Richardson, Issac Hernandez-Alcaraz, Annie Vong, Caitlin J. Saladino, William E. Brown Jr.

Health

This fact sheet examines data on household food security published by the United States Department of Agriculture. We examine the prevalence of household food insecurity and very low food security in Mountain West states (Arizona, Colorado, Nevada, New Mexico, and Utah) and the United States national average for comparative analysis.


The Impact Of Social Network Friendship On Lending Behaviors: An Empirical Analysis Of Peer-To-Peer Lending In China, Xianyun Chen Feb 2023

The Impact Of Social Network Friendship On Lending Behaviors: An Empirical Analysis Of Peer-To-Peer Lending In China, Xianyun Chen

Fordham Dissertations and Theses

This dissertation builds on the theoretical framework of information asymmetry, signaling theory, and social network, and empirically studies the impact of social network friendship on peer-to-peer lending (P2P). Using the P2P lending data from China, it studies how social network affects the lending willingness in China’s P2P lending. In particular, it examines the effect of social network on the adverse selection in P2P lending in China, and the effect of social network on interest and default rates. It also explores how P2P loans use the advantages in low-cost customer acquisition and fast …


Introducing New Forms Of Digital Money: Evidence From The Laboratory, Gabriele Camera Feb 2023

Introducing New Forms Of Digital Money: Evidence From The Laboratory, Gabriele Camera

ESI Publications

Central banks may soon issue currencies that are entirely digital (CBDCs) and possibly interest bearing. A strategic analytical framework is used to investigate this innovation in the laboratory, contrasting a traditional “plain” tokens baseline to treatments with “sophisticated” interest-bearing tokens. In the experiment, this theoretically beneficial innovation precluded the emergence of a stable monetary system, reducing trade and welfare. Similar problems emerged when sophisticated tokens complemented or replaced plain tokens. This evidence underscores the advantages of combining theoretical with experimental investigation to provide insights for payments systems innovation and policy design.


Rising Interest Rates: What They Mean For You And The Economy, Timothy Meyer Feb 2023

Rising Interest Rates: What They Mean For You And The Economy, Timothy Meyer

Cornhusker Economics

Discusses rising interest rates what they mean for agricultural workers and the economy.


Session 7: Would Ai Stocks Estimate Be As Surprised To Usda Stock Reports As Private Market Analysts?, Asif Mahmud Chowdhury, Matthew Elliott Feb 2023

Session 7: Would Ai Stocks Estimate Be As Surprised To Usda Stock Reports As Private Market Analysts?, Asif Mahmud Chowdhury, Matthew Elliott

SDSU Data Science Symposium

Would AI Stocks Estimate Be as Surprised to USDA Stock Reports as Private Market Analysts?


Keywords: Machine Learning, Random Forest, Agricultural Commodities Market, Informational Impact, Efficient Market Hypothesis.

The USDA survey-based Quarterly Grain Stocks reports are the primary source of information regarding the relative supply of U.S. corn, soybeans, and wheat for the last fifty years. Previous research has examined the accuracy of the USDA stock reports and their relevancy to the market, given alternative sources of estimates (e.g., Isengildina-Massa et al., 2021). For example, private industry analysts also estimate expected quarterly grain stock reports before USDA releases their reports. …


Kentucky Annual Economic Report 2023, Michael Childress, Michael W. Clark, James P. Ziliak, Simon Sheather Feb 2023

Kentucky Annual Economic Report 2023, Michael Childress, Michael W. Clark, James P. Ziliak, Simon Sheather

Kentucky Annual Economic Report

This report is one of the important ways that the Center for Business and Economic Research fulfills its mission to examine various aspects of Kentucky’s economy as directed by the Kentucky Revised Statutes (KRS 164.738). The analysis and data presented here cover a variety of topics that range from a discussion of Kentucky’s current economic climate to a broad presentation of factors affecting the economy.


Are Income Tax Breaks For Seniors Good For State Economic Growth?, Ben Brewer, Karen S. Conway, Jon Rork Feb 2023

Are Income Tax Breaks For Seniors Good For State Economic Growth?, Ben Brewer, Karen S. Conway, Jon Rork

Carsey Publications

In this brief, authors Ben Brewer, Karen Conway, and Jon Rork discuss the findings of their recently published study that investigates, directly, the impact on state economic growth of expanding income tax breaks for seniors. All state income tax systems contain provisions that reduce the state income tax burden for elderly households, and most modest-income elderly households owe little in state income taxes. Each year state legislatures consider expansions to these tax provisions, which tend to benefit primarily upper-income elderly households, with advocates suggesting such changes will be “good” for the state, in part by retaining and attracting elderly residents. …