Political Economy Commons^™

The Impact Of Covid-19 On Stock Market And Exchange Rate Uncertainty In Pakistan, Ateeb Akhter Shah Syed, Kaneez Fatima, Mannan Zaheer

Business Review

This paper examines the impact of coronavirus (COVID-19) on exchange rate (EXU) and stock market uncertainty (SMU) in Pakistan while controlling for the effects of interest rate and policy interventions by the Government and the Central bank to combat the pandemic. We employ the vector autoregressive (VAR) model over a sample period ranging from February 25, 2020 to May 6, 2021. We find that a shock to total daily coronavirus cases in Pakistan has a positive and significant impact on both the EXU and SMU. However, this impact is short-lived which may be attributed to a timely policy response and …

The Macroeconomic Impacts Of Government Debt In Pakistan, Ateeb Akhter Shah Syed, Kaneez Fatima, Junaid Kamal

Business Review

This paper examines the Ricardian equivalence hypothesis for Pakistan using a vector error-correction model. The sample period extends from June 2002 to January 2020. The results are reported using variance decompositions and impulse response functions. The base model contains six variables and is estimated with 4 lags. We find support for the idea that wealth does not increase as government debt increases; Hence, it proves the fact that economic agents are rational actors and foresee current expansionary actions of the government that result in accumulation of debt as the present value of future taxation that they have to pay and …

Effect Of Health Aid On Life Expectancy In Sub-Saharan Africa, Sakiru Oladele Akinbode Dr., Isiaq O. Oseni

Journal for the Advancement of Developing Economies

No abstract provided.

Nssr Racist Poster, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• The New Jew, 2022. Paleolithic or Palestinian? [Poster]. The New School.
• Shaikh, A., 2022. Cambridge MA trip [Handwritten notes]. Anwar Shaikh, PhD.

Dead Money: Measuring The Influence Of Representatives On Government Spending, Adhitya Venkatraman

CMC Senior Theses

In line with popular criticisms of Congressional pork barrel spending, I find that that individual representatives do wield significant influence in securing government contracts for their districts. Using federal contract data organized at the congressional district level from FY 2001 – FY 2021, I estimate how individual members of the House of Representatives affect funding outcomes. My identification strategy leverages changes in contract funding that occur during exogenous vacancies occurring in the middle of a term. By comparing contract funding outcomes during vacant quarters to non-vacant quarters, I estimate the amount of individual influence exercised by representatives.

During vacant quarters, …

Economic Propaganda In The United States, Brooklyn Montgomery

CMC Senior Theses

This thesis aims to identify and analyze three different forms of economic propaganda: cultural, structural, and political. I first examine ‘Do What You Love’ culture and its impact on the labor force. Chapter Two explores the propagation of neoliberal economics as an objective study, and the final chapter analyzes the use of Black capitalism as a political mechanism to quell Black radical sentiment. In detailing these phenomenons, I investigate the implementation, normalization, and effects, as well as the material repercussions of these ideas and structures.

How A Supply Chain Stumble Changes A Company’S Policies And Progress 20 Years Later: A Case Study Of Gap Inc., Alexandra Futterman

CMC Senior Theses

Gap Inc. is the third-largest American retailer. Founded in 1969, Gap Inc. holds four brands, Gap, Banana Republic, Old Navy and Athleta. In the late 1990s and early 2000s Gap Inc. made headlines for child labor abuses along with many other large brands. After this negative attention, Gap Inc. began developing policies and practices to combat ethical supply chain issues. These policies included a Human Rights Policy, a Code of Vendor Conduct, working conditions standards, and even capacity building programs that boarded company reaches into communities they touch. In conjunction with the policies Gap Inc. has published several social responsibility …

Climate Trailblazer Or Corporate Giveaway: An Economic And Political Evaluation Of Cap-And-Trade In California, Benjamin Reicher

Pomona Senior Theses

In this thesis, I conduct an economic and political analysis of California’s cap-and-trade program, the leading national (and international) example of a market-based strategy to reduce climate-warming greenhouse gas emissions. I evaluate the program on several economic and political measures of success, especially as contrasted with the performance of various regulatory policies that California also relies on to meet its emissions reduction targets. These regulations exemplify a command and control approach to emissions mitigation as opposed to a market-based approach, and indeed tend to be favored by grassroots activists who may be skeptical about market-friendly policies; my thesis seeks to …

The Green Wave: Effects Of Legal Marijuana On The Labor Market., Sara Varon

Honors Program: Senior Projects (Public)

In this paper I examine the relationship between the introduction of recreational marijuana laws and the labor market. First, using Google Trends data I find evidence that states that undergo the treatment of recreational marijuana legalization will likely experience a large and significant increase in search volume terms related to marijuana demand following the implementation of marijuana regulations. Using this same data set, I find support for the theory that as marijuana legalization becomes more entrenched within each individual state, public interest for marijuana also increases which allows for the use of Google Trends data as a proxy for legalization …

Martin Wolf And Skidelsky, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Martin Wolf and Skidelsky by Anwar Shaikh, PhD, 2022, Unpublished manuscript.

Covid-19 Vaccine Disparities And Attitudes, Deonne Cartwright, Meryem Saygili

Pursue: Undergraduate Research Journal

The past couple of years have caused so much uncertainty and grief amidst the global pandemic. The goal of this study is to explore the attitudes behind COVID-19 vaccination to address the cause for vaccine disparities and help minimize health disparities in the United States. The study considers two multivariable regressions in SPSS of the social factors on vaccination status and vaccine confidence. This model studies the relationship between one’s ethnicity, race, education level, education specialization, household income, political ideology, and media source on vaccine confidence and vaccination status on an East Texas college campus. A campus-wide survey was conducted …

The Leveling Spirit: Violence And Inequality In Postwar Iraq, Griffin Perrault

Honors Theses

The Iraq War (2003–2011) constitutes by some estimates one of the deadliest and most destructive conflicts of the 21st century (Hagopian et al., 2013). In addition to the disputed figures of excess violent civilian casualties––generally ranging from 180,000 to 210,000 deaths––the war has created one of the major refugee crises of modern times, with 1 in 25 Iraqis estimated to have been displaced from their homes by the 2003 invasion (Costs of War, 2021). While much of this violence has been wrought by American and Iraqi coalition troops, violence against civilians has also been perpetuated by insurgent groups and paramilitary …

Where Girls Rule The World: Lessons For Pakistan In The Bangladeshi Educational Phenomenon, Chanze Ahsan

Honors Theses

In tune with the UN's Sustainable Development Goal and the widespread acceptance of education as a fundamental human right, the deprivation of female education in Pakistan presents an alarming assault on its female population. With this, the historical accident that was the separation of Pakistan and Bangladesh serves as a natural experiment into differences between the countries before and after partition. Despite facing two colonizations, Bangladesh has emerged on the other side of history with promising results regarding the elimination of gender disparities in education. How has it managed to do so? And what can Pakistan learn from its journey? …

Carbon Emissions, Abatement, And Natural Disasters: Politics And Social Institutions, Ritika Khurana

Graduate Theses, Dissertations, and Problem Reports (ETD)

This dissertation empirically examines three issues related to renewable energy and international development: 1) The Political Economy of Solar Initiatives in the Sunshine State; 2) Climate Change, Natural disasters, and Institutional Integrity; and 3) Institutional Integrity and Carbon emissions.

In Chapter 2, I empirically examine the outcomes of two solar energy amendments that were on the ballot in Florida in 2016. One amendment exempts solar energy devices from ad valorem taxation of real estate property, effectively decreasing the cost of solar energy for those who adopt solar photovoltaic panels. The other amendment reaffirms the right of property owners to install …

District Attorney Compensation And Performance, Bryan Mccannon, Morgan Stockham, Gregory Deangelo

Faculty & Staff Scholarship

Does prosecutor pay impact performance? We attempt to identify the causal effect of wages on a prosecutor’s effort by studying a large (41%), exogenous salary increase for district attorneys in New York state. We measure the performance of prosecutors by the likelihood that a conviction is upheld when appealed. If the efficiency wage theory accurately explains non-market actor behavior, then the exogenous wage shock should entice better performance. Alternatively, if individuals who hold public office are motivated primarily by an intrinsic desire to carry out their office duties to the best of their ability rather than strictly financial compensation, then …

Do Elections Encourage Public Actors To Be More Responsive?, Bryan Mccannon, Corey Williams

Faculty & Staff Scholarship

In the U.S. many public services are provided by individuals who are selected in local elections. We ask whether elections encourage public actors to be responsive to citizens. We design a novel field experiment where we send an information request to a random sample of prosecutor offices. Whether someone replies to the request is our measurement of responsiveness. We show that offices whose head is up for re-election are more likely to respond. We also show that offices in states that appoint their local prosecutors are substantially less likely to respond than a matched set of offices with elected leadership.

Analysis Of The Influence Of Cryptocurrency Regulation On Levels Of Financial Literacy, Kieran C. Yuen

Dissertations and Theses

Using data collected by the National Financial Capability Study (NFCS), a survey by the Financial Industry Regulatory Authority (FINRA), this paper investigates the influence of passage of cryptocurrency regulation in U.S. states on levels of financial literacy. Results indicate that living in a state where cryptocurrency regulation was signed into law, a decrease was observed in the level of financial literacy. This finding supports the growing literature on factors that affect levels of financial literacy using a novel exogenous variable, cryptocurrency regulation.

Marx, Critical Theory, And The Treadmill Of Production Of Value: Why Environmental Sociology Needs A Critique Of Capital, Alex Stoner

Journal Articles

This chapter explores the domestication of Marx’s critique of political economy within Marxist-oriented environmental sociology, and treadmill of production (ToP) theory, in particular. The aim is to explicate the theoretical resources for a rigorous critique of capital-induced planetary degradation. Shortcomings of ToP theory pertaining to the conceptualization of capital and value are identified. The reasons for these shortcomings, including how they might be addressed, are elaborated by reconsidering key aspects of Marx’s critical theory of modern capitalist society. The chapter contributes to current discussions in both critical theory and environmental sociology by demonstrating the continued relevance of Marx’s critical theory …

Evaluating Long-Range Transportation Plans For Mainstreaming Of Climate Adaptation Among Virginia Mpos, Sebastian L. Shetty

Theses and Dissertations

Despite the strides made towards addressing climate change through greenhouse gas (GHG) emissions reduction strategies, it has become increasingly apparent that attempting to mitigate the crisis in such a manner alone is insufficient. This thesis joins a growing body of research on how our societies must adapt to a changing climate, contributing more evidence on common barriers to adaptation and how they might be overcome. Through an attempt to evaluate the progress made towards mainstreaming, or integrating, climate change concerns into five Virginia MPOs’ long-range transportation plans (LRTPs), this study provides support for prior hypotheses around the potential for MPOs …

Does A District Mandate Matter For The Behavior Of Politicians? An Analysis Of Roll-Call Votes And Parliamentary Speeches, Andreas Born, Aljoscha Janssen

Research Collection School Of Economics

In most democracies, members of parliament (MPs) are elected either through a party list or by a district. We use a discontinuity in the German electoral system to investigate the causal effect of a district election on an MP’s conformity with the party line. A district election does not affect roll-call voting behavior causally, possibly due to overall high adherence to party-line voting. Analyzing the parliamentary speeches of each MP allows us to overcome the high party-line discipline with regard to parliamentary voting. Using textual analysis and machine learning techniques, we create two measures of closeness of an MP’s speeches …

Does A District Mandate Matter For The Behavior Of Politicians? An Analysis Of Roll-Call Votes And Parliamentary Speeches, Andreas Born, Aljoscha Janssen

Research Collection School Of Economics

In most democracies, members of parliament (MPs) are elected either through a party list or by a district. We use a discontinuity in the German electoral system to investigate the causal effect of a district election on an MP’s conformity with the party line. A district election does not affect roll-call voting behavior causally, possibly due to overall high adherence to party-line voting. Analyzing the parliamentary speeches of each MP allows us to overcome the high party-line discipline with regard to parliamentary voting. Using textual analysis and machine learning techniques, we create two measures of closeness of an MP’s speeches …

Reinventing Opportunities For Argentina: Vista Oil And Gas, Emiliano Cabrera

Dartmouth College Master’s Theses

In the last century, Argentina faced an astonishing economic downturn that remains until today, frustrating all who learn its economic history, explore the country's potential, and stay in tune with its political-economic present. This research examines Argentina's economic history, revises the main drivers that signed its economic drama, and proposes guidelines to address new opportunities by encouraging its private sector. By using Vista Oil and Gas as an exemplary case, this work proposes Vista's business model as an initiative perfectly compatible with the primary macroeconomic needs that Argentina currently has that should be highly considered for developing its private sector. …

Chinese Neoglobalization In East Africa: Logics, Couplings And Impacts, Pádraig R. Carmody, James T. Murphy

Geography

The most significant case of transnational state capitalism today is China's Belt and Road Initiative (BRI) which seeks to expand/extend the country's geoeconomic and geopolitical integrations globally. We conceptualise the BRI as manifest principally through industrial offshoring, infrastructure investments and exports from China. These vectors articulate with particular places, forming transnational couplings that shape development outcomes. We examine the BRI's couplings and their development implications in the East African countries of Djibouti, Ethiopia and Kenya where China has engaged significantly. We demonstrate the contingent manner of BRI's variegations; its pragmatism, flexibility, and limitations as a hegemonic or developmental project.

When Economic And Political Interests Collide: The Cases Of Defense Procurement And Microfinance In India, Mackenzie Owens

Politics and International Relations Research Papers

India is a growing democracy with an abundant population that seeks economic development; India is a democracy in an ever more important, strategic location. It is essential to better understand India, its politics, and its policies as geopolitical tensions rise in our world. India will be explored via a political economy approach through three sections in this paper: (1) The Political System of India; (2) India’s Trade Policy toward Defense Procurement; (3) The Microfinance Crisis of 2010. India looks to develop its domestic industries, grow investment, while defending its interests and sovereignty.

Scarcity Or Economic Insecurity? Two Yardsticks For Measuring Capitalism’S Performance, Costas Panayotakis

Publications and Research

This article argues that capitalism’s relationship to economic insecurity is as important for the evaluation of that system as its relationship to scarcity. Critically analyzing the neoclassical and Marxist focus on capitalism’s relationship to scarcity, the article describes how capitalism’s relationship to economic insecurity offers a more cogent elaboration of these traditions’ shared belief that the economic system should serve people. In particular, while critical of the neoclassical portrayal of capitalism as a system using scarce resources efficiently, this paper also argues, against Marxism, that an alternative to capitalism might be preferable even if scarcity is not abolished.

The Effect Of Foreign Direct Investment On Colombia’S Economic Growth And The Role Of Human Capital: Does Foreign Direct Investment Foster Growth?, Jean K. Plantin

Master's Theses

Abstract: Since the pioneering work of John H. Dunning on the role of foreign direct investment (FDI) in the economic growth of the United Kingdom, many experts have debated the growth effect of FDI in an economy. This study investigated the impact of FDI on Colombia’s economic growth from 1990 to 2019. Moreover, it explored whether the Colombian economy has benefited from positive spillover from FDIs. Additionally, the paper examined how the stock level of human capital conditioned the effect of FDI on GDP per capita growth. To this end, the analysis separated tertiary enrollments from the human capital …

Guest Editorial: Mass Atrocity And Collective Healing: New Possibilities For Regenerating Communities, Scherto R. Gill

Genocide Studies and Prevention: An International Journal

This Special Issue brings together five articles from different disciplines. It aims to contribute to the emergent critical voices in research about collective trauma and collective healing by introducing novel perspectives and inviting further debates on the relevant issues evoked. For this reason, the Special Issue focuses on collective healing through a number of prisms. First, it delves into the notions of wounding and trauma, with a view to advance a well-argued theoretical framework for understanding collective healing. Second, it identifies underlying ethical pillars for collective healing, especially the principles of equality and well-being that affirm human dignity founded on …

Sons Of Disobedience And Their Machines: How Sin And Anthropology Can Inform Evangelical Thought About Ai, Gregory S. Mckenzie

Liberty Theological Review

The purpose of this paper is to further discussion about artificial intelligence by examining AI from the perspective of the doctrine of sin. As such, philosophy of mind and theological anthropology, specifically, what it means to be human, the effects of sin, and the consequent social ramifications of AI drive the analysis of this paper. Accordingly, the conclusions of the analysis are that the depravity of fallen humanity is cause for concern in the very programming of AI and serves as a corrupted foundation for artificial machine cognition. Given the fallen nature of human thought, and therefore, fallen AI thought, …

Willingness To Pay For Fact-Checking About Immigration: The Effect Of Partisan Cues, Jennifer Morales

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

I analyze the results of an online experiment designed to elicit individuals’ willingness to pay for fact-checking of statements related to immigration. Using a control and treatment group, I test whether individuals’ willingness to pay is affected by partisan cues. First, I outline this research’s position related to existing literature. I then describe the experimental design and analyze the results. Partisan cues are shown to have no statistically significant effect on participants’ willingness to pay for fact-checking.

The Economic Rationality Of Consumption In The Mycenaean Political Economy And Its Role In The Reproduction Of Social Personae: Modeling Prestige Networks., Devin Alexander Stephens

Electronic Theses and Dissertations

This thesis is a theoretical examination of the economic rationality of consumption as it existed within the Mycenaean political economy. Using a modified paradigm of social network analysis, a semiotic approach is used in the study of identity expression and economic stratification present at three Late Helladic cemeteries. In doing so, the claim that exchange strategies which existed outside of palatial redistribution were present in the Late Helladic was substantiated as a similar logic of mortuary stratification which existed during the palatial era was also found to have existed after the shift to the post-palatial era and the collapse of …