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Articles 91 - 105 of 105

Full-Text Articles in Behavioral Economics

Neither The Washington Nor Beijing Consensus: Developmental Models To Fit African Realities And Cultures, Sanusi L. Sanusi Dec 2011

Neither The Washington Nor Beijing Consensus: Developmental Models To Fit African Realities And Cultures, Sanusi L. Sanusi

CBN Journal of Applied Statistics (JAS)

No abstract provided.

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Do Major League Baseball Hitters Come Up Big In Their Contract Year?, Heather M. O'Neill, Matthew J. Hummel Jan 2011

Do Major League Baseball Hitters Come Up Big In Their Contract Year?, Heather M. O'Neill, Matthew J. Hummel

Business and Economics Faculty Publications

In sports, especially baseball, there is a lot of talk about contract year performance. Beginning in spring training and continuing throughout the season, sports journalists and fans converse about how players in the last year of their contract will perform. Experts in the media, often ex-baseball players themselves, speculate contract year players will have break-out seasons in order to secure a better contract in upcoming contract negotiations. This leads to the question: do baseball players increase their effort and performance during their contract year to increase the value of their next contract?

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Alleviating Social Disadvantages Of Rapid Economic Growth: A Case For Conditional Cash Transfer (Cct) Application In Old Siam, Anastasia Kostioukova Jan 2011

Alleviating Social Disadvantages Of Rapid Economic Growth: A Case For Conditional Cash Transfer (Cct) Application In Old Siam, Anastasia Kostioukova

CMC Senior Theses

The ongoing conflict between Thailand’s red shirt and yellow shirt parties is not purely political. This tension is rooted in a renewed awareness of regional economic and social inequality, a byproduct of rapid economic growth in the past. This thesis seeks to understand the overall consequences of unequal economic development in Thailand, as the rationale for asserting that a conditional cash transfer (CCT) program is an appropriate policy tool for the ongoing reconciliation efforts.

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China And Brazil: Potential Allies Or Just Brics In The Wall?, Anthony Petros Spanakos Jan 2010

China And Brazil: Potential Allies Or Just Brics In The Wall?, Anthony Petros Spanakos

Department of Political Science and Law Faculty Scholarship and Creative Works

Brazil is an increasingly important actor in global governance and for China specifically. Sino-Brazilian relations have deepened considerably but they remain concentrated in areas of trade and investment. There is also considerable overlap in interests between the two countries in other areas, such as diplomatic and political relations. At the same time, China must manage carefully important differences that exist over the enlargement of the UN and the potential challenge to the Brazilian industry.

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Why Brazil Has Not Grown: A Comparative Analysis Of Brazilian, Indian, And Chinese Economic Management, Fernando Ferrari-Filho, Anthony Petros Spanakos Mar 2008

Why Brazil Has Not Grown: A Comparative Analysis Of Brazilian, Indian, And Chinese Economic Management, Fernando Ferrari-Filho, Anthony Petros Spanakos

Department of Political Science and Law Faculty Scholarship and Creative Works

This paper does not aim to dispute that Brazil would benefit from reforms in any or all of these areas. Rather, the paper offers a skeptical perspective on reform menus and proposes an alternative explanation for the faster growth of Brazil’s peers India and China2. The paper begins by introducing (section 1) the idea of the BRICs countries, to establish the basis for comparisons of most similar cases. It then surveys the results of a generation of Washington Consensus era growth (section 2). Although there is a considerable amount of divergence over what causes growth, it seems that something approaching …

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Target Saving In An Overlapping Generations Model, Brishti Guha, Ashok S. Guha Mar 2008

Target Saving In An Overlapping Generations Model, Brishti Guha, Ashok S. Guha

Research Collection School Of Economics

We examine a model in which the utility function has been engineered so that it is optimal for consumers to aim for a fixed target level of retirement resources. In this case, consumption displays excess sensitivity to current income as well as perfect old age insurance. In an overlapping generations model, this leads naturally to multiple and unstable equilibria. Under static expectations, it also leads to a well-defined dynamics, including possible historical traps, implosions involving ever-diminishing capital stock and ever-increasing interest rates, and the feasibility of optimal one-time interventions.

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The Consequences Of Information Revealed In Auctions, Brett E. Katzman, Matthew Rhodes-Kropf Mar 2008

The Consequences Of Information Revealed In Auctions, Brett E. Katzman, Matthew Rhodes-Kropf

Faculty Articles

This paper considers the ramifications of post-auction competition on bidding behavior under different bid announcement policies. In equilibrium, the auctioneer’s announcement policy has two distinct effects. First, announcement entices players to signal information to their post-auction competitors through their bids. Second, announcement can lead to greater bidder participation in certain instances while limiting participation in others. Specifically, the participation effect works against the signalling effect, thus reducing the impact of signalling found in other papers. Revenue, efficiency, and surplus implications of various announcement policies are examined.

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The Gettysburg Economic Review, Volume 2, Spring 2008 Jan 2008

The Gettysburg Economic Review, Volume 2, Spring 2008

Gettysburg Economic Review

No abstract provided.

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Target Saving In An Overlapping Generations Model, Ashok S. Guha, Brishti Guha Jan 2008

Target Saving In An Overlapping Generations Model, Ashok S. Guha, Brishti Guha

Research Collection School Of Economics

We examine a model in which the utility function has been engineered so that it is optimal for consumers to aim for a fixed target level of retirement resources. In this case consumption displays excess sensitivity to current income as well as perfect old age insurance. In an overlapping generations model, this leads naturally to multiple and unstable equilibria. Under static expectations, it also leads to a well-defined dynamics, including possible historical traps, implosions involving ever-diminishing capital stock and ever-increasing interest rates, and the feasibility of optimal one-time interventions.

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The Gettysburg Economic Review, Volume 1, Spring 2006 Jan 2006

The Gettysburg Economic Review, Volume 1, Spring 2006

Gettysburg Economic Review

No abstract provided.

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The Search For Stock Market Bubbles: An Examination Of The Nyse Index, Andrew J. Economopoulos, Avinash G. Shetty Apr 2002

The Search For Stock Market Bubbles: An Examination Of The Nyse Index, Andrew J. Economopoulos, Avinash G. Shetty

Business and Economics Faculty Publications

Many have put forth reasons why the stock market has climbed to new and unprecedented heights. Two reasons are examined: (1) investors are expecting prices to increase and are bidding up price irrationally; (2) investors have moved to a long-term strategy and are requiring a lower risk premium. For the latter reason, the rise in stock prices is due to a change in the fundamentals, and for the former reason the rise represents the classical bubble. The evidence indicates that risk preferences have changed while price momentum does not appear during bubble periods.

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The Need For Discount Houses In Nigeria., O S. Oduyemi Jun 1992

The Need For Discount Houses In Nigeria., O S. Oduyemi

Bullion

Given the rapid expansion of Nigerian economy and the growth in government activities, discount houses in Nigeria will not only have busy schedules but will also be lucrative. The paper discusses the antecedents for the establishment of discount houses in Nigeria as well as their functions. To facilitate the presentation, the paper is divided into three parts. Part I highlights the role of discount houses and their functions. Part II discuss the rationale for establishing discount houses in Nigeria. The paper ends in part III which contains a discussion on prospects of discount houses in Nigeria as well as a …

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The Role Of Discount Houses In Monetary Policy Implementation., B. A. Oke Jun 1992

The Role Of Discount Houses In Monetary Policy Implementation., B. A. Oke

Bullion

Discount houses are financial institutions which shift funds between the central bank on one hand and licensed banks on the other hand, through the provision of discounting and re-discounting of eligible short-term securities such as treasury bills and certificates and commercial bills. The purpose of this paper therefore is to highlight the role of discount houses in monetary policy implementation. Part I discusses the assets structure a d functions of discount houses. Part II discusses the role of discount houses in monetary policy implementation. Part II highlights the relationship between a central bank and discount houses while Part IV focuses …

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Nigerian Exchange Rate Administration Under The Structural Adjustment Programme., E A. Owolabi Jun 1992

Nigerian Exchange Rate Administration Under The Structural Adjustment Programme., E A. Owolabi

Bullion

This paper has been concerned with describing the administration of the naira exchange rate primarily under the on-going Structural Adjustment Programme (SAP). The aim of this paper is to briefly review the administration of Nigeria's exchange rate policy since inception of the market- determined exchange rate system. The discussion is organized in four main parts. Part I, exchange rate administration before the introduction of Structural Adjustment Programme (SAP) in July 1986 is briefly reviewed to provide the necessary background for adopting the market-determined system under SAP. Part II is devoted to the analysis of the structure of the foreign exchange …

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Exchange Rates Developments In Nigeria, R A. Olukole Mar 1992

Exchange Rates Developments In Nigeria, R A. Olukole

Bullion

This paper discusses the determinants and behaviour of exchange rates. It also examines the exchange rate policies in Nigeria from 1960 - 1991. The pricing methodology was examined with an overview of the Naira exchange rate movements from 1986 - 1991. The paper is divided into four parts. Part I highlights the determinants and behaviour of exchange rates. Part II discusses the exchange rate policies in Nigeria from 1986 - 1991. Part III focuses on the pricing methodology with an overview of the Naira exchange rate movements from 1986-1991. Part IV examines the Parallel market and the Bureau DE Change …

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