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Full-Text Articles in Macroeconomics

Tax Preferences: A Numerical Exercise, Isaac Babatunde Olatunji May 2024

Tax Preferences: A Numerical Exercise, Isaac Babatunde Olatunji

Major Papers

Tax preference focuses on individuals' perception and choice regarding specific tax policies or structure. It examines the extent to which individuals favor certain tax provisions, rates, or exemptions over others. Scholars and researchers have extensively examined tax preference from various perspectives. I performed a numerical exercise on one agent model and two agent model where agents have preferences over consumption, labor supply and tax preferences (dislike of the labor income tax). Under the one agent model there exist one household utility maximization problem and under the two agent model there exist two households with low productive ability and high productive …


Economic Anomalies Following The Handover Of Hong Kong, Nathan Martin May 2024

Economic Anomalies Following The Handover Of Hong Kong, Nathan Martin

Economics Undergraduate Honors Theses

This paper seeks to examine and provide a possible explanation for economic anomalies in Hong Kong following its handover to China. Hong Kong was on a 99-year lease to the United Kingdom from China before being handed back over July 1st, 1997. Due to the “one country, two systems” policy espoused in the handover agreement that was to be implemented for fifty years, this event marks a rare natural experiment of a peaceful regime change without a significant change in governance. This paper seeks to understand the impact of the act of regime change on selected key macroeconomic …


Incorporating Institutions And Ideology: Why Covid Didn't Change Anything, Cullen Kendrick Apr 2024

Incorporating Institutions And Ideology: Why Covid Didn't Change Anything, Cullen Kendrick

Student Research Submissions

In this paper, I investigate the aftermath of the COVID-19 pandemic through an economic and philosophical lens to try and understand why government aid was removed. Looking at the problem as solely a structural issue, with Jurgen Habermas’ Between Facts and Norms and Douglas North’s Institutions, Institutional Change, and Economic Performance guiding my understanding, provides useful insights. Namely, how the informal and formal structures of society interact, and their cyclical nature. However, that perspective does not provide a complete picture. And so, I developed an understanding of ideology to investigate the origins of informal societal structures. To do this I …


Trade Liberalization With Brics: A Cge Model Of Egypt, Kareem Ashraf Mar 2024

Trade Liberalization With Brics: A Cge Model Of Egypt, Kareem Ashraf

Theses and Dissertations

This paper presents an ex-ante impact assessment of a hypothetical FTA between Egypt and the BRICS from an Egyptian economy-wide and sectorial perspectives, with a granular look into manufacturing. The chosen methodology is a static SAM-based Computable General Equilibrium model calibrated to Egypt’s 2018-2019 Social Accounting Matrix (SAM). With respect to existing literature, the paper uniquely stands in considering an Egypt-BRICS FTA with a granular assessment of manufacturing subsectors and in running a simulation of Egypt’s trade liberalization with the wider BRICS alliance, including the accession of Saudi Arabia, UAE, Ethiopia, and Iran, which joined the bloc along with Egypt …


Globalization And Poverty: Exploring Development Discourse Within Urban Dynamics - The Case Of Colombo And Mumbai, Zohra Helali Jan 2024

Globalization And Poverty: Exploring Development Discourse Within Urban Dynamics - The Case Of Colombo And Mumbai, Zohra Helali

Senior Projects Spring 2024

Senior Project submitted to The Division of Social Studies of Bard College.


Trading Pressures: Deeper Insight Into Export Controls And Sanctions’ Impact On The United States And Global Trade Markets, Eric Julian Guaman Jan 2024

Trading Pressures: Deeper Insight Into Export Controls And Sanctions’ Impact On The United States And Global Trade Markets, Eric Julian Guaman

Senior Projects Spring 2024

This paper explores the evolving landscape of the global trade market and trade dynamics by evaluating the effects of economic sanctions. The paper analyzes the subject via data collection projects and research material, such as research papers, news articles, and journal articles. The results convey that economic sanctions have adverse effects that reverberate beyond the intended target, thus causing initiatives that reshape the global economic landscape. In addition, the analysis demonstrates that challenges arise for countries that popularly use trade controls, such as the United States, whose total share of the global market has decreased, alongside the rise in foreign …