Economics Commons^™

The Effects Of Increased Access To Mail-In And Absentee Voting Due To Covid-19 On Voter Turnout In The 2020 Presidential Election, Irene Catlin Hedeman

Undergraduate Economic Review

With new voting policies in the fallout from the 2020 election, it is critical to understand their effects on voter turnout. I use a difference-in-differences approach to study effects of absentee voting policies from the fall of 2020 on voter turnout in four states. Using county-level data on the 2008-2020 presidential elections, I estimate turnout based on the county’s policy for the 2020 election. I use three sets of states, and I find positive effects on voter turnout for all three sets, two of which are significant. The results from the Montana policy hold through the robustness checks.

The Rise Of Community-Based Natural Resource Management Strategies As Explained By Transaction Costs, Keely A. Fisher, Marc R. Donnelly, Collin Adams

Undergraduate Economic Review

Community-based natural resource management (CBNRM) is favored over its predecessor, the fortress approach, for common pool resource (CPR) management. We strive to identify variables associated with successful CBNRM programs, and analyze whether their presence transaction costs can explain the shift in favored conservation strategy. By examining nine case studies of large mammals in Africa, we found that out of eight variables, moderate monitoring and adequate program incentives were the most critical various factors in determining CBNRM program outcomes. Furthermore, these variables, as well as others, contributed to a decrease in transaction costs.

The Impact Of Democracy On Economic Growth In South Asia, Rijul Alvan Das, Siddharth --

Undergraduate Economic Review

One of the most fundamental themes that combine the disciplines of political science and economics is the role played by democracy in the economic growth of a country. Does democracy accelerate or hinder growth? The literature is divided on this topic with both sides presenting strong empirical and theoretical views. This paper studies this issue in the context of South Asia. Our theoretical framework brings out the key characteristics that are often highlighted in both sides of the intellectual debate. Using econometric methods and tools such as Pooled, Fixed and Random Effects estimates, we aim to study the relationship between …

Covid-19, Vaccines, And Decision Theory, Michael A. Lewis

Journal of Humanistic Mathematics

In this piece, I delve into some thoughts I've had about decision theory. These have been inspired by the vaccine rollout phase of the COVID-19 Pandemic. I focus on decision making under uncertainty, as it relates to the decision to get vaccinated or not.

The Effect Of Covid-19 On The Performance Of Listed Firms: Do The Governments’ Policies And Vaccination Rates Play A Role? Evidence From Countries In The Middle East And North Africa, Mofida El Bassioni

Theses and Dissertations

This study uses a quantitative approach to estimate the empirical results of COVID-19, stringency index, and vaccination rates on the stock returns of Bahrain, Egypt, Morocco, Oman, Qatar, Saudi Arabia, Tunisia, and UAE. Additionally, the researcher included firm-specific variables such as liquidity and leverage, total capital, employees, and date of incorporation. Total capital and employees were used as proxies for company size and for whether the firm is capital intensive or not, while date of incorporation was used as a proxy for company age. Additionally, the researcher created interaction strings between COVID-19 cases and stringency index, COVID- 19 cases and …

Waqf Fund Management Through Micro Waqf Bank Program In Indonesia, Fachry Ganiardi Danuwijaya, Nurwahidin M.Ag

Journal of Strategic and Global Studies

Waqf is a muamalah activity that has a very important economic and social role in Islamic history. Waqf is one of solutions to the problem of poverty and social inequality in society. The establishment of the Micro Waqf Bank initiated by the government together with the Financial Services Authority (OJK) has played an important role as one of the new Islamic microfinance institutions in financial inclusion in Indonesia. This paper will discuss how the management of waqf funds through the Islamic Waqf Bank program based on pesantren in efforts to alleviate poverty and social inequality which has become a chronic …

Vector Autoregression Analysis Of The Relationship Between Inflation Rate, Interest Rate, And Exchange Rate To The Jakarta Islamic Index, Ajeng Qurrota A'Yun, Nur Fatwa

Journal of Strategic and Global Studies

ABSTRACT

The Indonesian Sharia Capital Market is an interesting thing to study because based on the 2019 Global Islamic Finance Report (GIFR) report, Indonesia is ranked first in the Global Sharia Financial Market. The Jakarta Islamic Index (JII) is the sharia stock index that was first launched on the Indonesian capital market on July 3, 2000 and only consisted of the 30 most liquid Islamic shares listed on the Indonesia Stock Exchange. This study will try to uncover how the relationship between macroeconomic variables in Indonesia by using Vector Autoregression (VAR) analysis and using monthly secondary data from 2012-2019. VAR …

A Gravity Model Analysis Of Actual Potential Egyptian Trade With North And South Trading Partners, Christiane Galil Abou-Lehaf

Archived Theses and Dissertations

No abstract provided.

Cryptocurrency, Decentralized Finance, And The Evolution Of Money: A Transaction Costs Approach, James L. Caton Jr, Cameron Harwick

Journal of New Finance

We leverage a transaction costs narrative to provide a theoretically unified presentation of the evolution of exchange, with the latest evolutionary frontier being cryptocurrency and decentralized finance. We show that with each new development in the evolution of money, the new form or medium of exchange must reduce transaction costs relative to relevant alternatives. The development of blockchain and cryptocurrency reduced the cost of transferring currency by removing the need for a trusted third party to intermediate funds while also providing the benefit of anonymity/pseudonymity. Likewise, decentralized finance does not require a third party to intermediate savings and investment and …

Place-Based Consequences Of Person-Based Transfers, Brad J. Hershbein, Bryan A. Stuart

Upjohn Institute Policy and Research Briefs

No abstract provided.

Place-Based Consequences Of Person-Based Transfers: Evidence From Recessions, Brad J. Hershbein, Bryan A. Stuart

Upjohn Institute Working Papers

This paper studies how government transfers respond to changes in local economic activity that emerge during recessions. Local labor markets that experience greater employment losses during recessions face persistent relative decreases in earnings per capita. However, these areas also experience persistent increases in transfers per capita, which offset 16 percent of the earnings loss on average. The increase in transfers is driven by unemployment insurance in the short run, and medical, retirement, and disability transfers in the long run. Our results show that nominally place-neutral transfer programs redistribute considerable sums of money to places with depressed economic conditions.

Macroeconomic Shocks And Credit Risk Stress Testing: Evidence From The Egyptian Banking Sector, Noha Elgaliy

Theses and Dissertations

Stress tests can satisfy a range of policy objectives and ensure banks are adequately resilient to common economic shocks or specific financial risks. Though the growing body of literature on stress testing, the existing studies have usually focused on developed countries who have relatively stable macroeconomic indicator when compared developing countries. Therefore, this thesis aims to present a macroeconomic credit risk model that explicitly links a set of selected macroeconomic factors including gross domestic product, inflation, lending interest rates and exchange rate to banking non-preforming loans using evidence from the Egyptian banking sector over the time period from 2011 to …

The Impacts Of Social Activism And Corporate Social Responsibility On Food Fraud, Anubrata Deka, Emie Yiannaka, Konstantinos Giannakas

Cornhusker Economics

A recent report finds that 86% of Americans expect for-profit companies to be active in addressing social and environmental issues (Porter Novelli/Cone 2019). In addition to benefiting society, engagement in prosocial behavior, known as corporate social responsibility (CSR), can improve a firm’s competitiveness and economic performance. Engagement in proactive CSR can enhance a firm’s relationship with the public by building its reputation of being a trustworthy, credible and responsible citizen. Studies have argued that the reputation firms develop through CSR activities can provide ‘insurance-like’ protection from future negative publicity and attacks on the firm (Godfrey et al. 2009; Gardberg and …

Two-Sided Platform Pricing And Competition Under Realistic Pricing Structure, Tongyao Jiang, Jie Chen, Zhixuan Xiang

Economics and Finance Student Research

This paper is motivated by the prevailing pricing structure and competition in Chinese food-delivery market. Currently, two oligarchs in China’s food-delivery market are Meituan-Dianping Takeout and ELEME Takeout, which accounting for more than 95% of the market share. Both of these platforms charge a percentage commission based on per-transaction price and involve per-agent fee. So far, few research has been found to make analysis under such realistic pricing structure, and we help to fill this gap by developing a model for platform competition based on the model developed by Armstrong. The results we get under the realistic pricing structure and …

Isolated States Of America: State Borders, Mobility, And Labor Markets, Riley Wilson

Employment Research Newsletter

No abstract provided.

Decision Making In International Supply Chain Investment, Noah Quint Curtin

Undergraduate Theses, Capstones, and Recitals

In this paper, supply chain decision-makers where and how to internationally invest into supply chains. I focus on outside institutional factors, and intra-firm behavioral factors that affect where and how they invest. I first review the literature on international investment at large. Later for my part of the research, I conduct a series of semi-structured interviews with international supply chain decision-maker primarily in Denver to better understand their processes. I find that they value business models higher than “hunches”, but also that tacit knowledge and relationships play an important role in their processes.

Wage Posting Or Wage Bargaining?: A Test Using Dual Jobholders, Marta Lachowska, Alexandre Mas, Raffaele Saggio, Stephen A. Woodbury

Employment Research Newsletter

No abstract provided.

Librarians Attending Non-Librarian Conferences: Benefits And Preparing To Attend, Amanda Nevius, Kathryn Houk, Erica Brody, Xan Goodman, Roy Brown, Christine Andresen

Library Faculty Research

This experience-based opinion piece, authored by a diverse team of librarians, will empower readers to attend non-librarian conferences by acknowledging the benefits and challenges of doing so, along with advice for overcoming these challenges and making the most of this professional development and advocacy opportunity. A review of the literature provides background and support for Part 1, which discusses the benefits of attending non-librarian conferences, organized into the categories of broadening horizons and advocacy. In Part 2 we give advice for preparation for attending and overcoming challenges. We present Part 2 organized into the following themes: 1) Acquiring time, money, …

Dissecting Public Expenditure : Part – Ii, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

Debt dynamics requires continued primary budget surpluses to be generated for gradually lowering the burden of interest payments and reducing public debt-GDP ratio. Revenue mobilisation of an additional 1.5 percent of GDP annually from those outside the tax net (divided evenly between the provinces and the federal government) insulating the lower-middle and poor classes appears a plausible means to achieve these surpluses. The pension bill is growing much faster than any other expenditure head and a switch has to be made from the present defined benefits to the defined contribution system. The results from tax and pension reform would appear …

Forecast Of China’S Economic Growth Rate For 2022 And Policy Suggestions, Xikang Chen, Cuihong Yang, Kunfu Zhu, Huijuan Wang, Xinru Li, Qingyan Juang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Faced with the complex domestic and international environment, the Chinese government took various measures to coordinate epidemic control with economic and social development, earning recovered growth of the economy in 2021. In 2022, China's economic development will be facing greater uncertainty. This study systematically analyzes and forecasts the development trend and regularity of China's medium and long-term economic growth rate. It is expected that the medium and long-term economic growth rate of China will show a downward trend in a wave shape. Based on input-output technology, econometrics, prosperity analysis, expert analysis, and scenario analysis, a systematic integrated factor prediction approach …

Digital Economy: Development And Future, Yong Shi

Bulletin of Chinese Academy of Sciences (Chinese Version)

The digital economy has become a significant force in reorganizing global factor resources, reshaping global economic structure and global competitive landscape. This article first starts with the basic issues of digital economy, outlines three key components of digital economy, which are big data, intelligent algorithms and computing platforms. Then it reviews the development of international digital economies and the current status of China's digital economy, and summarizes the advantages and challenges of developing a digital economy in China. Finally, based on the "14th Five-Year Plan for National Economic and Social Development and the Long-Range Objectives Through the Year 2035", according …

How Reliable Are Administrative Reports Of Paid Work Hours?, Marta Lachowska, Alexandre Mas, Stephen A. Woodbury

Upjohn Institute Working Papers

This paper examines the quality of quarterly records on work hours collected from employers in the State of Washington to administer the unemployment insurance (UI) system, specifically to determine eligibility for UI. We subject the administrative records to four “trials,” all of which suggest the records reliably measure paid hours of work. First, distributions of hours in the administrative records and Current Population Survey outgoing rotation groups (CPS) both suggest that 52–54% of workers work approximately 40 hours per week. Second, in the administrative records, quarter-to-quarter changes in the log of earnings are highly correlated with quarter-to-quarter changes in the …

Agricultural Productivity And Deforestation: Evidence From Brazil, Dmitri Szerman, Juliano Assunção, Molly Lipscomb, Ahmed Mushfiq Mobarak

Discussion Papers

When agricultural productivity improves, farmers may react by expanding farming and further encroach on forest lands, or they may choose to intensify and produce more output with less land. We specify the conditions under which agricultural productivity can have such ambiguous effects on deforestation. We then examine the predictions of that model using county-level data from five waves of the Brazilian Census of Agriculture and satellite-based measures of land use. We identify productivity shocks using exogenous variation in rural electrification in Brazil during 1960-2000. We show that locations suitable for hydropower generation experienced improvements in crop yields, and that credit-constrained …

Weather Impacts The Agricultural Production Efficiency Of Wheat: The Importance Of Precipitation Shocks, Bowen Chen, Elliott James Dennis, Allen M. Featherstone

Cornhusker Economics

Weather affects the production environment that farmers face and, in some cases, can affect their ability to efficiently convert production inputs into outputs. Despite that the effect of weather shocks on agricultural production has been well documented (Donaldson, 1968; Ito and Kurosaki, 2009; Schlenker and Roberts, 2009; Tack, Barkley, and Nalley, 2015), few studies have accounted for the weather as a source of production inefficiency or lower agricultural productivity. In a recently published paper, we showed the effects that weather has on the production efficiency of winter wheat farms and discussed some of the implications that climate change could …

The Long-Term Problem With Electric Vehicle Batteries: A Policy Recommendation To Encourage Advancement For Scalable Recycling Practices, Lauren Fricke

Seattle Journal of Technology, Environmental, & Innovation Law

With the growing popularity of electric vehicles, the demand for lithium ion (Li-ion) batteries, which are the dominant energy source for electric vehicles, are skyrocketing. By default, this means a growing demand for the raw materials needed to manufacture these complex batteries such as lithium, cobalt, and nickel. Economic, environmental, and political supply chain factors bring into question the sustainability of these batteries as a solution to the issues surrounding gasoline powered transportation, creating a need for large scale Li-ion battery recycling. By 2030, 140 million EVs are predicted to be on the road worldwide. In that time, eleven million …

Economic Impact Of A Proposed Metals Manufacturing Plant, Eric Bowen

Bureau of Business & Economic Research

In this briefing paper, we estimate the potential economic impact of a new metals manufacturing plant in West Virginia. Data for this study were provided by the West Virginia Development Office. We consider the economic impact of the plant construction and operational spending in terms of output, employment, employee compensation, and select state and local tax revenue.

Effects Of Foliar Application Of Zno Nanoparticles On Lentil Production, Stress Level And Nutritional Seed Quality Under Field Conditions, Marek Kolenčík, Dávid Ernst, Matej Komár, Martin Urík, Martin Šebesta, Ľuba Ďurišová, Marek Bujdoš, Ivan Černý, Juraj Chlpík, Martin Juriga, Ramakanth Illa, Yu Qian, Huan Feng, Gabriela Kratošová, Karla Čech Barabaszová, Ladislav Ducsay, Elena Aydın

Department of Earth and Environmental Studies Faculty Scholarship and Creative Works

Nanotechnology offers new opportunities for the development of novel materials and strategies that improve technology and industry. This applies especially to agriculture, and our previous field studies have indicated that zinc oxide nanoparticles provide promising nano-fertilizer dispersion in sustainable agriculture. However, little is known about the precise ZnO-NP effects on legumes. Herein, 1 mg·L⁻¹ ZnO-NP spray was dispersed on lentil plants to establish the direct NP effects on lentil production, seed nutritional quality, and stress response under field conditions. Although ZnO-NP exposure positively affected yield, thousand-seed weight and the number of pods per plant, there was no statistically significant …

Wage Posting Or Wage Bargaining?: A Test Using Dual Jobholders, Marta Lachowska, Alexandre Mas, Raffaele Saggio, Stephen A. Woodbury

Upjohn Institute Policy and Research Briefs

No abstract provided.

Unintended Consequences Of The Dodd–Frank Act On Credit Rating Risk And Corporate Finance, Bina Sharma, Binay K. Adhikari, Anup Agrawal, Bruno R. Arthur, Monika K. Rabarison

School of Economics and Finance Faculty Publications

Prior research finds that Dodd–Frank Act’s regulations on credit rating agencies (CRAs) increase rated firms’ risk of rating downgrades, regardless of their credit quality. Our difference-in-difference estimates suggest that after Dodd–Frank, low-rated firms, which face steep costs from a further downgrade, significantly reduce their debt issuance and investments compared to similar unrated firms. Our results are not driven by credit supply or the financial crisis. They reveal an unintended consequence of Dodd–Frank: Greater regulatory pressure on CRAs leads to negative spillover effects on firms concerned about credit ratings, regardless of their credit quality.

Nature Of Health Insurance Demand In India, Brijesh C. Purohit Ph.D

Himalayan Research Papers Archive

In this study an attempt is made to explore elasticity of health insurance demand in India. It is important to note that both the Central and state governments have been trying to help people through their budgetary policies. Keeping in view their efforts and rural urban disparities in the country, we have tried to make an attempt to evaluate whether the people have been provided appropriate information about these governmental policies and how other socio economic factors are influencing the individual household choices to adopt a particular type of health insurance scheme.

This is based on latest National Family Health …