Growth and Development Commons^™

Nevada’S Predictable Housing Train Wreck And What To Do About It, Arthur C. Nelson

Policy Briefs and Reports

Nevada is on the cusp of a housing catastrophe, especially in Southern Nevada.

Consider that the state has fewer households than it should. A household is defined as one or more people who have a home of their own. But for price, location, configuration, and other factors, about 60,000 households in Nevada do not exist because there is no home for them. And it’s going to get worse. Including these “missing households,” nearly 470,000 new occupied homes will need to be built between 2020 and 2040 to meet the housing needs of all Nevadans, or about 23,000 per year. The …

Nevada’S Housing Policy Landscape: Data, Analysis, And Policy Solutions, Brookings Mountain West, Lied Center For Real Estate

Brookings Mountain West Special Events

From rising rents to high interest rates to limited supply, housing policy is a central issue in the 2024 elections. Brookings Mountain West, in partnership with UNLV’s Lied Center for Real Estate, hosted a community forum examining the local, state, and federal impacts of Nevada’s housing challenges. New research presented at the forum offer insights into the demographic and economic dynamics of individuals and families navigating Nevada's turbulent housing market, assess trends in home ownership, and evaluate barriers preventing Nevadans from accessing the housing market.

Providing End-Of-Life Counseling: A Narrative Inquiry, Carol Hecht, Sibyl West

Adultspan Journal

This qualitative study aimed to address the gap in the research related to end-of-life counseling by exploring the experiences of counselors working with clients at end of life. While counseling literature and education are lacking regarding end of life, many counselors will work alongside clients approaching death. The purpose of this study was twofold: (a) to better understand the nuanced experiences of counselors providing end-of-life counseling and (b) to explore the supports and preparations helpful for counselors to provide end-of-life counseling. A narrative approach, using the Listening Guide (Gilligan, 2015), was employed to analyze and present the stories of three …

Considerations Of Medicare Telehealth Services With Older Adults, Sonah Kho, Amanda Dediego

Adultspan Journal

The onset of the COVID-19 pandemic set in motion a rapid expansion of mental health services offered via telehealth. With this rapid expansion came the need to examine how policy and practice should be shaped in a future where telehealth is considered common in counseling practice. For counselors to understand how to support older adult clients in using telehealth services, they must understand telehealth policy. Following the eligibility of licensed counselors to participate in Medicare, counselors need to stay abreast of regulatory changes regarding restrictions and regulations on use of telehealth for mental and behavioral health services, including video and …

Mapping Characteristics And Financial Importance Of Development Banks Across The World, Jan Porenta, Vasja Rant

Economic and Business Review

This paper investigates the financial importance of development banks across regions and income groups. We construct a global banking dataset for the period 1995 to 2021 and analyse the distribution of development banking assets across macro regions and country income groups. We create a composite global and national Development Bank Financial Importance index (DBFI index) that enables us to rank the most financially important development banks across the globe. Development banks play significant and diverse roles in the global financial system, but their financial importance varies across regions and income groups. The paper offers a broad analysis of the global …

Measuring Consumption Inequality At Household Level In Pakistan 2005-2019, Sahibzada Asadullah, Asfandyar Khan

Business Review

Reducing inequality has been the main focus of every country. This study is an attempt to measure consumption expenditure inequality in Pakistan by focusing on food and non-food components. The study uses secondary data to cover surveys from 2005-06 till 2018-19 using decomposed data taken from Household integrated expenditure survey of Pakistan. Gini coefficient has been used to measure inequality. The study finds fluctuating trends in inequality. Overall both food and non-food consumption inequality has slightly decreased but overall food consumption expenditure inequality increased in 2018-19 when we compared the results with year 2015-16. Food consumption inequality remain higher in …

State Transportation Policy & Funding In The Mountain West, 2023, Zachary Billot, Caitlin J. Saladino, William E. Brown Jr.

Transportation & Infrastructure

This fact sheet analyzes transportation policy, planning, and investment data as detailed in the report “Getting Transportation Right: Ranking the States in Light of New Federal Funding” by the National Resources Defense Council (NRDC). Five Mountain West States: Arizona, Colorado, Nevada, New Mexico, and Utah are included in this fact sheet, with data reported as of February 2023.

Developing A Stand-Alone Children’S Hospital In Southern Nevada: Improving Pediatric Care And Diversifying The Regional Economy, The Lincy Institute

Lincy Institute Events

Southern Nevada is the largest metropolitan region in the country without a stand-alone children's hospital. The absence of such a facility results in poor health outcomes for children, fragmented and inadequate specialized care, and a shortage of pediatric medical professionals. Currently ranked last in clinical care nationwide, Nevada urgently needs a centralized, academic-based children's hospital to improve health services.

The Lincy Institute hosted a community forum to release the findings of a new report conducted by Tripp Umbach detailing why Southern Nevada needs a stand-alone children’s hospital. Tripp Umbach is a recognized industry leader, with 30 years of successful partnerships …

Hold The Phone: The Short- And Long-Run Impacts Of Connecting Indian Women To Digital Technology, Giorgia Barboni, Anwesha Bhattacharya, Erica Field, Rohini Pande, Natalia Rigol, Simone Schaner, Aruj Shukla, Charity Moore

Discussion Papers

Access to smartphones and mobile internet is increasingly necessary to participate in the modern economy. Yet women significantly lag men in digital access, especially in lower-income settings with gender gaps that span other dimensions - and where digital gaps threaten to deepen existing analog inequities. We study the short- and long-term effects of a large-scale state-sponsored program in India that aimed to close digital gender gaps by transferring free smartphones to women while constructing 4G towers to bring rural areas online. The program was well implemented, reversing gender gaps in smartphone ownership in the short run. However, many women lost …

Developing A Stand-Alone Children’S Hospital In Southern Nevada: Needs, Opportunities, And Economic Development Considerations, Tripp Umbach

Policy Briefs and Reports

This independent study developed by Tripp Umbach demonstrates how an independent, research-intensive, stand-alone children’s teaching hospital can significantly enhance the health status of Southern Nevada’s children, reduce outmigration, attract children from neighboring states, and stimulate the healthcare economy. Tripp Umbach evaluated the need for a children’s hospital, the barriers to overcoming its absence, and the advantages of establishing a stand-alone children’s hospital in Southern Nevada for diverse audiences throughout Nevada and nationally.

Machine Learning As Arbitrage: Can Economics Help Explain Ai?, Huahao Lu, Matthew Spiegel, Hong Zhang

Sim Kee Boon Institute for Financial Economics

Machine learning algorithms have shown to be remarkably successful tools for predicting asset returns. However, the underlying economic mechanisms behind their performance remain unclear. This paper proposes a model-based dynamic arbitrage trading strategy that combines economic and statistical nonstationarity to demystify this black box. In predicting stock returns based on 153 firm characteristics (anomalies), our strategy ranks anomalies similarly to neural networks in the cross-section. Overall, it accounts for approximately 87.9 bps monthly alphas of the high-minus-low portfolios selected by neural networks in the time series. When unpublished anomalies and microcap stocks are excluded from trading, this strategy can fully …

Family Size And Child Migration: Do Daughters Face Greater Trade-Offs Than Sons?, Christine Ho, Yutao Wang, Sharon Xuejing Zuo

Research Collection School Of Economics

We show that, conditional on family size, rural boys and girls are equally likely to migrate with parents in China. Nevertheless, daughters’ migration may still be compromised because they tend to have more siblings in societies with strong son preference, and larger families are more likely to leave all children behind. We find that a one unit increase in sibship size decreases the probability that a daughter migrates by 12.5 percentage points—with stronger effects when migration restrictions are more stringent—but has negligible effects on sons. The results suggest that gender-neutral migration constraints may generate gendered family size trade-offs.

‘Brain Drain’: Net Gains And Losses Of College- Educated Residents In The Mountain West, 2023, Dre Boyd-Weatherly, Annie Vong, Caitlin J. Saladino, William E. Brown Jr.

Higher Education

This fact sheet examines the number of college-educated individuals who moved to Mountain West states (Arizona, Colorado, Nevada, New Mexico, and Utah) and to selected metropolitan statistical areas (MSAs) in the Mountain West in 2023. The “2024 Study: ‘Brain Drain’? The States With the Largest Net Gains and Losses of College-Educated Americans” report contains data from the Annual Social and Economic Supplement (ASEC) of the Current Population Survey conducted by the United States Census Bureau. The study includes data on where college-educated residents move and which areas experienced ‘brain drain,’ where college-educated residents move to other places.

Unaccompanied Migrant Children In The Mountain West, 2015-2023, Annie Vong, Caitlin J. Saladino, William E. Brown Jr.

Demography

This fact sheet examines data on the number of unaccompanied migrant children who obtained sponsors and relocated to 22 cities in five Mountain West states from 2015 to 2023. Data from Arizona, Colorado, Nevada, New Mexico, and Utah are included from a New York Times report which includes U.S. Department of Human Health and Services data on unaccompanied migrant children in all 50 states and Washington D.C.

Unemployment, Weekly Earnings, And Cost Of Living In Mountain West Metros, 2022, Annie Vong, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet examines data on unemployment, weekly earnings, and cost of living for five Metropolitan Statistical Areas (MSAs) in the Mountain West states of Arizona, Colorado, Nevada, and Utah. The Ludwig Institute for Shared Economic Prosperity (LISEP). Local Analysis report includes data on the 50 largest MSAs in the U.S., which include the following in the Mountain West: Phoenix-Mesa Scottsdale, AZ; Tucson, AZ; Denver-Aurora-Lakewood, CO; Las Vegas-Henderson-Paradise, NV; and Salt Lake City, UT.

Projected Job Growth By 2031 In The Mountain West, Madison Dwyer, Annie Vong, Kristian Thymianos, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet examines job growth projections from 2021 to 2031 for the Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah. This fact sheet also presents projected job growth data by educational level, and across selected occupational sectors. Data are sourced from the report, “After Everything: Projections of Jobs, Education, and Training Requirements through 2031,” published by the McCourt School of Public Policy’s Center on Education and the Workforce (CEW) at Georgetown University.

Socioeconomic Inequalities Between The Bronx And Other Counties In New York City, Mexican Studies Institute Cuny, Eliana Checo-Genaoa

CUNY Mexican Studies Institute

The Bronx, despite its proximity to the other boroughs of New York City, has the highest poverty rates among them. Using data from 2010 to 2022, this study examines the socioeconomic disparities between the Bronx and Brooklyn, Manhattan, Queens, and Staten Island. Key indicators analyzed include poverty levels, SNAP benefits, unemployment rates, median income, educational attainment, homeownership rates, business creation, and GDP per capita. Our study reveals that the Bronx has the highest poverty, unemployment, and SNAP benefit dependency rates, lower educational attainment, and the lowest median income and homeownership rates. Our findings underscore the persistent socioeconomic challenges faced by …

Extension Efforts To Address The Current National Housing Crisis, Michael J. Dougherty, Melissa B. Hamilton, Bradley Neumann

Journal of Extension

Housing is a basic need. The National Association of Community Development Extension Professionals (NACDEP), Land Use Planning Community of Practice held a virtual forum in December 2021 on the national housing crisis. The session revealed common challenges communities face when addressing these issues locally. As a follow-up to that session, this paper summarizes Extension perspectives on community housing issues discussed during the session, reviews the literature on Extension programs related to housing, and makes the case for a national peer learning and communications network to address these difficult and urgent community housing challenges.

Western Australian Regional Development Trust Annual Report 2023-24, Western Australian Regional Development Trust, Department Of Primary Industries And Regional Development, Western Australia

Western Australian Regional Development Trust Annual Reports

The Trust is an independent statutory advisory body to the Minister for Regional Development, established under the Royalties for Regions Act 2009 (Act).

The functions of the Trust are to provide advice and make recommendations to the minister:

• for the purposes of sections 5(2) and 9(1) of the Act; and
• on any other matter relating to the operation of the Fund that is referred to it by the minister.

In addition to its monitoring and advisory role, the Trust also works to engage and enhance relationships with key regional stakeholders and influencers to promote greater collaboration and innovation in the …

A Cross-Country Analysis Of China’S Belt And Road Initiative, Leah Shoff

International Studies (MA) Theses

China established The Belt and Road Initiative in 2013 to unite the global economy as well as bolter their own political and economic interests. Though the initiative is relatively new, it is important to understand how the Belt and Road Initiative could impact the global economy. This program is open to any country in the world that seeks to improve its infrastructure. However, critics of China’s proposal have questioned whether countries participating in the program gain economically. Through evaluating the relationship between GDP, time, and other significant data provided by the IMF, a cross-country comparison between Pakistan and the Philippines …

The Effect Of Crime On Tourism In Indonesia, Muhammad Farhan, Hera Susanti

Journal of Strategic and Global Studies

Tourism sector is widely known as one of economic sectors that can be the engine of economic growth in an effort to reduce poverty in a country. However, growth in the tourism sector can be influenced by safety factors. Tourists tend to avoid tourism destination areas with high crime rates in order to avoid becoming victims of crime. This study aims to analyze the effect of crime on the number of tourist arrivals in Indonesia by using four proxies of crime, which are total crime rate, property crime rate, violent crime rate, and fraud crime rate. This study utilizes a …

Belanja Pemerintah, Fdi, Pertumbuhan Ekonomi, Pertumbuhan Industri, Dan Kemiskinan Di Indonesia, Isthafan Najmi, Cut Delsie Hasrina, Asmawati Asmawati, Rizal Ansari

Jurnal Ekonomi dan Pembangunan Indonesia

In this new era of globalisation, all countries including Indonesia are targeting poverty alleviation to help people achieve welfare. Furthermore, this study empirically examines the impact of government spending, FDI, economic growth, and industrial growth on poverty. This research uses the Autoregressive Distributed Lag (ARDL) method. The data used is time series data from 1972 to 2021 obtained from the World Development Indicator website. The findings of the ARDL estimation show that government spending and industrial growth increase household income, both in the long-run and the short-run. In contrast, economic growth is negatively associated with poverty in both the short …

Suggestions For Promoting Green Science And Technology Finance In China Under New Development Pattern, Wei Zhang, Xuemeng Liu

Bulletin of Chinese Academy of Sciences (Chinese Version)

The new development pattern poses dual challenges to China’s existing financial system. In order to meet the challenges, the financial system needs to vigorously promote the development of green technology finance. To fulfill this, it is necessary to promote the system linkage and digitization of green technology finance, as well as to optimize the product structure of green technology finance. To promote the systematic linkage of green technology finance, it is necessary to promote the linkage development between direct and indirect financing methods of green technology, as well as the linkage development among the financial market of green technology, industrial …

Do Digital Payments Spur Gst Revenue: Indian Experience, Surender Kumar

Bulletin of Monetary Economics and Banking

This paper measures the effect of digital payments on enhancing goods and services tax (GST) revenue in India using monthly time-series information on tax collections and digital payments. By employing an autoregressive distributed lag cointegration framework, we find that the GST elasticity concerning digital transactions is about 0.54. The implication is that a one-standard-deviation increase in the value of digital transactions spurs GST revenue of about INR 62 billion, and a one-standard-deviation increase in index of industrial production (IIP) enhances GST revenue by about INR 8 to 12 billion. These results suggest that enhancing digital transactions is an effective way …

Transportation, Healthcare Seeking, And Outcomes, Xiao Lin Ong

Dissertations and Theses Collection (Open Access)

Advancements in engineering and transportation technology have integrated commuting into modern living. Most studies on transportation infrastructure, such as roads and railways, focus on economic outcomes. This paper examines an overlooked outcome of transportation connectivity: access to medical care. We study the role transportation networks play in determining patients’ treatment location choices. Specifically, we aim to study 1) why patients travel to begin with, 2) how do patients choose where to go for treatment, and 3) how travel times can affect patients’ travel decisions. To do so, we develop a dynamic discrete choice, spatial model and provide empirical estimates. We …

Future Landscape Of The Economy, Wali Ullah, Fatima Sadik

Faculty Research - Book Chapters and Conference Papers

Key factors contributing to underwhelming economic growth include low private sector investment, high interest rates, slow momentum in credit to the private sector, deteriorating law and order conditions, ongoing political uncertainty, and historically low global economic growth. Econometric projections of key macroeconomic indicators, including GDP growth rate and inflation, for the next three fiscal years are performed based on three scenarios. In FY25, the GDP growth rate is likely to be in the range of 2.05 to 3.6 percent and inflation will likely decline from 26 percent but stay between 12 and 16.8 percent, given the stated assumptions hold true.

Criticizing The Asset Repatriation Policy For Tax Amnesty In Indonesia: An Interpretive And Comparative Study, Nidya Hapsari

Jurnal Vokasi Indonesia

Indonesia finds tax amnesty as a reliable funding alternative to develop a sustainable economy. Since 1964, Indonesia has implemented five tax amnesty programs. The latest two programs would offer lower amnesty compensation rates if taxpayers repatriated offshore assets back to Indonesia. However, the tax amnesty repatriation policy merely contributed minimal amounts of repatriated assets and low number of participants. Consequently, it failed to raise sufficient liquidity, fiscal revenues, tax compliance and economic growth. Hence, the study aims to (1) determine the justification and mechanism for the asset repatriation policy and (2) criticize the repatriation policy implementation. Applying interpretive and comparative …

The Strategies Of The Ziswaf Ctarsa Institution In Fundraising And Allocating Ziswaf, Cahyania Nursyabani, Wiwit Musaada, Nurul Huda

Journal Of Middle East and Islamic Studies

Zakat, infaq, alms, and waqf (ZISWAF) are Islamic social finance instruments that contribute to improving community welfare. On this basis, the CT ARSA Foundation established the ZISWAF CTARSA Institution. This study aims to determine the strategies of the ZISWAF CTARSA Institution in managing ZISWAF funds. The research method used is descriptive-qualitative with a field study approach. The data used came from interviews and literature studies. The results showed that the ZISWAF CTARSA Institution, as a relatively new institution, has successfully managed ZISWAF funds. ZISWAF's fundraising activities have proven to be very effective, both online and offline. The distribution model of …

The New China Model: Combating Economic And Political Order, Jack R. Swords

Dartmouth College Master’s Theses

Contemporary world politics centers around the actions of the two largest powers on Earth, the United States and China. They are both each other’s greatest adversary yet at the same time are each other’s largest trading partners. This thesis explores the nature of China’s economic climate that has seen it grow to one of the world’s foremost powers. However, the East Asian Nation faces economic challenges centered around the three D’s: Debt, Deflation, and Demographics. This thesis analyses what the nature of these challenges are and how China is responding to them within the ever-advancing world of economic and political …

Investing In The Next Generation: The Long-Run Impacts Of A Liquidity Shock, Patrick Agte, Arielle Bernhardt, Erica Field, Rohini Pande, Natalia Rigol

Discussion Papers

Poor entrepreneurs must frequently choose between business investment and children’s education. To examine this trade-off, we exploit experimental variation in short-run microenterprise growth among a sample of Indian households and track children’s education and business outcomes over eleven years. Treated households, who experience higher initial microenterprise growth, invest more in education and are one-third more likely to send children to college. However, only literate households experience child schooling gains and their enterprises stagnate in the long-run. In contrast, illiterate treatment households experience long-run business gains but declines in children’s education. Our findings suggest that microenterprise growth has the potential to …