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Articles 1 - 5 of 5
Full-Text Articles in Econometrics
Migration And Neoliberalism: Do Diasporas Facilitate Pro-Market Policies At Home? Policies, Veronika Elizebeth Gillis
Migration And Neoliberalism: Do Diasporas Facilitate Pro-Market Policies At Home? Policies, Veronika Elizebeth Gillis
Senior Projects Spring 2020
The recent shift in migration literature towards a focus on migrant sending countries has been characterized by a negative impact of remittances on human rights and other political institutions. Furthering this literature, we claim that remittances increase neoliberal reforms in migrant sending countries. Given the multiplicity of incentives to support neoliberal policies on the part of the migrant, the remittance receiver, and the sending country’s government, we expect the remittance share of GDP to positively influence the presence of neoliberal policies in the migrant-sending country. Using the Fraser Institute’s Economic Freedom Index as a proxy for neoliberalism, we implement an …
Does Financial Liberalization Increase Corruption?: Evidence From A Panel Analysis, Pranjal Sudhir Ghate
Does Financial Liberalization Increase Corruption?: Evidence From A Panel Analysis, Pranjal Sudhir Ghate
Senior Projects Spring 2018
This project investigates whether financial liberalization increases corruption on a global level. Arguments put forward by international institutions such as the World Bank and the IMF claim that financial globalization will reduce corruption. However, the experience of India suggests that opening up financial markets might have increased corruption. This project tests whether this experience is generalizable worldwide. I find evidence for the conjecture that financial liberalization increased corruption in a panel analysis using random effects and lagged independent variable.
Modernization Losers, Political Winners: Assessing The Role Of The Declining Position Of Labor In Right-Wing Electoral Successes Across Western Europe, Eva-Marie C. Quinones
Modernization Losers, Political Winners: Assessing The Role Of The Declining Position Of Labor In Right-Wing Electoral Successes Across Western Europe, Eva-Marie C. Quinones
Senior Projects Spring 2017
This Senior Project advances the modernization losers thesis, wherein the electoral successes of the far right in Western Europe are attributable to neoliberal fiscal policy, labor market shifts, and the institutional structure of the euro. Building on an existing body of literature that primarily assesses voting behavior through survey research, this paper assesses the relationship between right-wing electoral successes and the socioeconomic status of semi-skilled, blue-collar laborers thought to comprise the core voting base of extreme right parties, by using panel data at the national and provincial levels to answer the question, “To what extent has the declining position of …
The Political Economy Of State-Level Emergency Unemployment Relief: The Case Of The New York Tera, 1931-37, Hasani J. Gunn
The Political Economy Of State-Level Emergency Unemployment Relief: The Case Of The New York Tera, 1931-37, Hasani J. Gunn
Senior Projects Fall 2017
Governor Franklin D. Roosevelt created The New York State Temporary Emergency Relief Administration (TERA) in response to the Great Depression. Operating from 1931-37, this state-level jobs-and-income style policy featured comprehensive in-kind assistance, “home relief,” and emergency unemployment relief, “work relief.” Though the program is fascinating just in this respect, it has been systematically overshadowed by the alphabet soup of New Deal era relief policies. We revisit the TERA to shed light on what it offered to the people of NY and, overall, what it offered to the economy. We find significant evidence that the program stabilized the State economy by …
The Macroeconomics Of The Declining U.S. Labor Share: A Debt-Led Explanation, Alex Jianan Xu
The Macroeconomics Of The Declining U.S. Labor Share: A Debt-Led Explanation, Alex Jianan Xu
Senior Projects Spring 2015
This paper aims to answer two major conundrums in macroeconomic theory with regards to the U.S. economy. First, standard macroeconomic models such as Harrod-Domar and Solow theoryze that factor shares are constant; however, actual measures of the U.S. labor share have been on a downward trend since the early 1980s. The second conundrum relates to the Post-Kaleckian wage-led or profit-led view of economic growth. It indicates that a fall in the labor share in a wage-led economy will result in a fall in aggregate demand (due to deceases in consumption), and an increase in aggregate demand in a profit-led economy …