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Articles 1 - 17 of 17
Full-Text Articles in Economic Policy
The Application Of Policy Theory To Covid-19 Stimulus Checks, Michael Mchenry
The Application Of Policy Theory To Covid-19 Stimulus Checks, Michael Mchenry
The Gettysburg Journal for Public Policy
This paper analyzes COVID-19 stimulus checks in a variety of public policy frameworks. Punctuated equilibrium theory is useful in explaining the development and implementation of this policy action. Narrative policy framework provides context for how the stimulus checks were perceived by the public and how that perception influences future policy. The stimulus check policy is also analyzed from the perspective of both a rationalist and critical policy analyst. These three policy frameworks interact with one another to create a feedback loop that informs future crisis policy.
More Care And Less Pay: The Phenomenon Of Low Wages Among Care Occupations, Allison B. Dayton
More Care And Less Pay: The Phenomenon Of Low Wages Among Care Occupations, Allison B. Dayton
Student Publications
This research examines the phenomenon of care occupations paying less than other occupations with similar levels of human capital investment. The paper evaluates the high concentration of women, especially Black women, the resulting wage penalties, social closure theory, temporal flexibility, and positive externalities as possible explanations for this problem. Potential solutions like raising the minimum wage and subsidizing education for care workers are also addressed.
The Future Of Banking: Consumer Protection And Contagion Risks Of Cryptocurrency, Anthony Choi
The Future Of Banking: Consumer Protection And Contagion Risks Of Cryptocurrency, Anthony Choi
Student Publications
The emergence of digital assets in the financial services industry in the 21st century raised concerns pertaining to consumer protection, regulatory oversight, and the safety and soundness of the United States financial system. In the efforts to foster digital assets in financial markets, lawmakers at both state and federal governments have begun spearheading regulatory initiatives aimed at protecting investors and consumers. This paper considers historical and current issues surrounding cryptocurrency, as well as existing policy and regulatory responses at the federal level. Among a wide array of policy issues regarding digital assets, this paper examines the consumer protection and contagion …
State Capitalism’S Inability To Alter The Global Power Structure, Michael R. Woods
State Capitalism’S Inability To Alter The Global Power Structure, Michael R. Woods
Student Publications
In the modern day, many nations have instituted State Capitalist policies to grow their economies and increase their international influence. To evaluate the efficacy of this strategy, this paper analyzes the historical impacts of State Capitalism, as well as its effects upon economic concepts, including competition and innovation. This work also analyzes the ways in which State Capitalist policies have negatively impacted the international reputations of nations such as Russia and China and explores the specific national characteristics and circumstances that are required to truly alter the global power structure. Ultimately, the work concludes that state capitalism is unlikely to …
The Effects Of Economic Globalization On Voter Turnout, Patrick L. Mahoney
The Effects Of Economic Globalization On Voter Turnout, Patrick L. Mahoney
Student Publications
Over the last 30 years, voter turnout, which is often considered to be an important sign of the vitality of a democracy, has been decreasing throughout the world. Traditional factors that drive voter turnout have not dramatically changed within the same period, suggesting that another factor is potentially at play. I contend that globalization, specifically economic globalization, has played a significant role in driving down voter turnout in the late 20th and early 21st centuries. First, economic globalization limits national autonomy in areas of economic policy by constraining national policymakers in their ability to implement substantive policy change. Second, as …
Thatcherism's Triumph: How Margaret Thatcher’S Neoliberal Policies Brought Prosperity To Britain, Carl J. Demarco Jr.
Thatcherism's Triumph: How Margaret Thatcher’S Neoliberal Policies Brought Prosperity To Britain, Carl J. Demarco Jr.
Student Publications
By 1979, the British economy was in complete and utter disarray. Inflation was at record highs along with unemployment. The post-world war consensus was built off the idea of embedded liberalism, which stressed that the government must play a large and active role in regulating the markets and that it was in the government's interest to keep unemployment at its natural low. Similar to the United States, since the Great Depression the welfare state in Great Britain had been expanding. The post-war consensus proclaimed and exhausted the economic theories of John Maynard Keynes who believed in embedded liberalism and the …
Gettysburg Social Sciences Review Fall 2018
Gettysburg Social Sciences Review Fall 2018
Gettysburg Social Sciences Review
No abstract provided.
The Impact Of Aid On The Economic Growth Of Developing Countries (Ldcs) In Sub-Saharan Africa, Maurice W. Phiri
The Impact Of Aid On The Economic Growth Of Developing Countries (Ldcs) In Sub-Saharan Africa, Maurice W. Phiri
Gettysburg Economic Review
Least Developed Countries (LDCs) of Sub-Saharan African have been recipients of official development assistance for more than 5 decades; however they are still characterized by chronic problems of poverty, low living standards and weak economic growth. The hot question is: Is aid effective in promoting economic growth? Thus, this paper investigates the impact of aid on the economic growth of 12 least developed countries in Sub-Saharan Africa over a period of 20 years. I take a fixed effects instrumental variable approach and the results imply that aid has a statistically insignificant negative impact on economic growth. I therefore conclude that …
The Gettysburg Economic Review, Volume 10, Spring 2017
The Gettysburg Economic Review, Volume 10, Spring 2017
Gettysburg Economic Review
No abstract provided.
The Gettysburg Economic Review, Volume 9, Spring 2016
The Gettysburg Economic Review, Volume 9, Spring 2016
Gettysburg Economic Review
No abstract provided.
A Way Around The Divided House Majority, Charles L. Weise, Bruce A. Larson
A Way Around The Divided House Majority, Charles L. Weise, Bruce A. Larson
Economics Faculty Publications
For observers of the U.S. Congress, the inability of Republicans to unite behind a candidate for speaker has been by turn fascinating, exasperating, and frightening. When and if a candidate is finally chosen, Republicans will breathe a sigh of relief, as will many commentators. The real crisis, however, will have just begun. [excerpt]
Argentina's 2001 Default: Foreign Policy Considerations And Consequences, Joshua K. Alley
Argentina's 2001 Default: Foreign Policy Considerations And Consequences, Joshua K. Alley
Celebration
Argentina’s 2001 default was at the time the largest in history, with the Peronist government of Adolfo Rodriguez Saa declaring a cessation of payments on over 80 billion dollars in government bonds. Historically, the political science and economics literatures have emphasized the economic considerations surrounding the decision to default. Recent literature has explored the political motivations for default, but there has been little scholarship on the possible political consequences of default. Some authors have emphasized that default can have important audience costs for leaders, but other issues have been left unexplored. However, it is clear that Argentina’s 2001 default had …
Fearless: Heather Thomas, Heather L. Thomas
Fearless: Heather Thomas, Heather L. Thomas
SURGE
This week we would like to recognize recent graduate and AmeriCorps VISTA volunteer Heather Thomas ’13, who is returning to Gettysburg as the fearless new coordinator for the Adams County Food Policy Council. [excerpt]
Exploring Relationships Between Global, National And Local Actors: A Case Study Approach To Ingos In Post-Reform Vietnam, Alyssa L. Bosold
Exploring Relationships Between Global, National And Local Actors: A Case Study Approach To Ingos In Post-Reform Vietnam, Alyssa L. Bosold
Student Publications
In 1986, the Vietnamese government undertook a series of reforms known as doi moi. These reforms were mainly economic adjustments that encouraged globalization through capitalism, international trade, and foreign investment. They restructured Vietnam’s economy from a centrally-planned system to a market economy with a socialist orientation. This study focuses on the political and cultural aspects of globalization after doi moi, and analyzes the development of international non-governmental organizations (INGOs) in Vietnam. Specifically, it seeks to address the following research question: How has the INGO sector changed with increasing globalization in Vietnam after the 1986 doi moi reforms, and what are …
Renewable Resource Extraction: Experimental Analysis Of Resource Management Policies Under Assumptions Of Resource Migration, Kevin B. Lugo
Renewable Resource Extraction: Experimental Analysis Of Resource Management Policies Under Assumptions Of Resource Migration, Kevin B. Lugo
Gettysburg Economic Review
This paper presents research using a spatially explicit and dynamic common pool resource experiment to compare renewable resource extraction behavior between four treatments combining (1) open access and sole ownership institutions with (2) mobility and non-mobility of the renewable resource. The primary purpose of this research is to test the theory that introducing resource mobility into a sole ownership regime will remove the incentive for subjects to maximize the resource, instead causing them to revert to the myopic strategy predicted for the open access regime. I also test the hypothesis that open access firms are indifferent to resource dispersal. The …
The Minimum Wage, Decent Wages, And Time Sovereignty In The European Union, Kathleen A. Ragon
The Minimum Wage, Decent Wages, And Time Sovereignty In The European Union, Kathleen A. Ragon
Student Publications
The minimum wage is a legally mandated relationship between money and time. Traditionally, studies of the minimum wage have focused on the money side of this relationship (e.g. how much do minimum wage workers earn) while ignoring its temporal aspects (e.g. how long someone has to work to receive a particular income). This is a significant oversight because it overlooks the temporal investments that minimum wage workers must make in order to achieve a specific sum of money (e.g. there is a significant temporal difference if a minimum wage worker can achieve an income above a poverty threshold by working …
Friedrich Von Hayek: The Socialist-Calculation Debate, Knowledge Arguments, And Modern Economic Development, Cara A. Elliott
Friedrich Von Hayek: The Socialist-Calculation Debate, Knowledge Arguments, And Modern Economic Development, Cara A. Elliott
Gettysburg Economic Review
At the close of the nineteenth and the commencement of the twentieth century, socialism began to gain momentum as a large-scale movement in Europe and the United States. This popularity was supported by an increased influence of the working class in society, which put pressure for representation upon European parliaments and began to secure concrete improvements in labor protection laws. Moreover, socialist proponents looked hopefully towards the living example of the Soviet Union, which began its socialist experiment in 1917 following the success of the Bolshevik Revolution. Socialism, which found its economic grounding in the legacies of such men as …