Information Loss In Volatility Measurement With Flat Price Trading,
2023
Singapore Management University
Information Loss In Volatility Measurement With Flat Price Trading, Peter C. B. Phillips, Jun Yu
Research Collection School Of Economics
A model of financial asset price determination is proposed that incorporates flat trading features into an efficient price process. The model involves the superposition of a Brownian semimartingale process for the effcient price and a Bernoulli process that determines the extent of price trading. The approach is related to sticky price modeling and the Calvo pricing mechanism in macroeconomic dynamics. A limit theory for the conventional realized volatility (RV) measure of integrated volatility is developed. The results show that RV is still consistent but has an inflated asymptotic variance that depends on the probability of flat trading. Estimated quarticity is …
Gender Inequality And Economic Decline: A Comparative Analysis Of Gender Roles And Its Impact On Economic Development In Egypt And Iran,
2023
Fordham University
Gender Inequality And Economic Decline: A Comparative Analysis Of Gender Roles And Its Impact On Economic Development In Egypt And Iran, Kayla E. Joyner
Senior Theses
This thesis will demonstrate that increasing female labor force participation in Iran and Egypt will facilitate overall economic growth, reduce poverty rates, and increase family investment in education and health. There are three critical factors that I will examine that are significantly deterring female participation in the labor force in these two countries specifically: sociocultural values, legal barriers, and economic policies. By refusing to mobilize the increasing potential female labor force, Iran and Egypt are hindering the nation’s social and economic development.
Economicdevelopment In The Postcolonial And Postwar Era In East Asia: A Comparison Of Taiwan And South Korea,
2023
Fordham University
Economicdevelopment In The Postcolonial And Postwar Era In East Asia: A Comparison Of Taiwan And South Korea, Eliot R. Johnston
Senior Theses
This thesis examines the postwar political economy of South Korea and Taiwan, aiming to find how Taiwan achieved higher GDP per capita and lower corruption perception than South Korea when both countries carried out similar policies as they developed their economies. By comparing a historical overview of policy and outcome and taking economic measures, the thesis seeks to find a method that could be applied to other developing countries. Though the measurements used were insufficient to prove analysis, enough was found to give plausible suggestions for the difference in the outcome, such as the South Korean reliance on mega conglomerates …
The Influences Of The Public Health Care System And Education System On The Economic Growth Of Swaziland,
2023
University of Arkansas, Fayetteville
The Influences Of The Public Health Care System And Education System On The Economic Growth Of Swaziland, Grace Greer
International and Global Studies Undergraduate Honors Theses
The Kingdom of Eswatini, also known as Swaziland, has one of the youngest populations in the world with over 70% of citizens being under the age of 18 years old. This creates a substantial opportunity for economic, social, and educational growth in a country previously plagued with diseases such as HIV/AIDS, poor health care infrastructure cutting off thousands from basic care, and an educational system with a very low attendance rate and an even lower graduation rate. By evaluating the root causes of such issues dating back to the colonial era there is an opportunity to reprioritize health care and …
Blessed Are The Peacemakers: The Future Burden Of Intrastate Conflict On Poverty,
2023
University of Denver
Blessed Are The Peacemakers: The Future Burden Of Intrastate Conflict On Poverty, Jonathan D. Moyer
Frederick S. Pardee Center for International Futures: Faculty Scholarship
Intrastate conflict generally undermines human development but its effect on global poverty across different income thresholds remains poorly understood. This paper analyzes how many people will live in poverty due to intrastate civil conflict in 2030, 2050, and 2070 using the International Futures model and shared socioeconomic pathways, forecasting 12 scenarios for 179 countries. A baseline conflict scenario leads to an additional 148.2 million (range: 50.7 to 186.0 million) people living in extreme poverty (<$1.90 per day) due to conflict by 2030 compared with a scenario where conflict is eliminated starting in 2022. These conflict-attributable poor represent 20.1% of the population in extreme poverty at that time, with the majority living in South Asia followed by Africa. By 2050 the population living in conflict-attributable poverty increases to 164.9 million (range: 4.4 to 376.5 million), representing 32.7% of the total extremely poor population at that time with the majority living in Africa. While future conflict will be responsible for hundreds of millions of people living in poverty, its elimination is not a panacea for achieving development targets: even in a scenario with no intrastate conflict from 2022 to 2030 the population living in extreme poverty is projected to be 6.9%, well above the target threshold of 3% for achieving the first Sustainable Development Goal.
Gibberellic And Naphthalene Acetic Acid Effects On ‘Rupert’ Potato Variety,
2023
Utah State University
Gibberellic And Naphthalene Acetic Acid Effects On ‘Rupert’ Potato Variety, Logan Atkinson
All Graduate Plan B and other Reports
Potato processing facilities often rely on early maturing potato varieties to maintain adequate supplies before harvest of more traditional varieties. The Rupert variety is an example of such an early-maturing variety. However, the Rupert variety has traditionally been characterized by low average stem counts and large tuber sizes. Abnormally large tubers can add difficulties and costs to the processor. Gibberellic acid (GA) and Naphthalene acetic acid (NAA) are plant growth regulators that promote growth and have the potential to affect average stem count and in turn, decreases average tuber size. Across two trials and locations (Gooding and Jerome, ID) GA …
Macroeconomic Determinants Of Stock Market Development In Sample African Economies,
2023
American University in Cairo
Macroeconomic Determinants Of Stock Market Development In Sample African Economies, Ehab Ayoub
Theses and Dissertations
This research paper studies the relationship between macroeconomic determinants as independent variables and different measures of stock market development as dependent variables across selected emerging economies in Africa for the period of 2002 to 2021, with a quarterly frequency using time series analysis. The independent variables used are Core Inflation, Deposit Rate, Foreign Direct Investment (FDI), FX Rate against USD, Domestic Credit, Gross Domestic Product (Real GDP), Exports, Imports, External Debt, and Foreign Reserves. We use these variables as our main determinants of measuring economic growth. With regards to stock market development, we use four proxy measures as our benchmark, …
The National-Level Economic Impact Of The Manufacturing Extension Partnership (Mep): Estimates For Fiscal Year 2022,
2023
W.E. Upjohn Institute for Employment Research
The National-Level Economic Impact Of The Manufacturing Extension Partnership (Mep): Estimates For Fiscal Year 2022, Brian Pittelko, Iryna V. Lendel, Kassim Mbwana, Kami Ehrich
Reports
No abstract provided.
Not Just For Kids: Child And Dependent Care Credit Benefits For Adult Care,
2023
W.E. Upjohn Institute for Employment Research
Not Just For Kids: Child And Dependent Care Credit Benefits For Adult Care, Gabrielle Pepin, Yulya Truskinovsky
Upjohn Institute Working Papers
The Child and Dependent Care Credit (CDCC) allows households to receive tax credits for certain expenses associated with the care of a spouse or adult dependent who is incapable of self care, but very few childless households claim the credit. We examine the value of the CDCC for qualifying households caring for adults. We find that, as of 2016, more than 10 percent of individuals aged 50 to 65 had a coresident spouse or parent likely to be a qualifying individual for the CDCC. We document how state and federal CDCC benefits decrease post-tax costs of typical caregiving services, such …
The Child And Dependent Care Credit: Unlike Trix, Not Just For Kids,
2023
W.E. Upjohn Institute for Employment Research
The Child And Dependent Care Credit: Unlike Trix, Not Just For Kids, Gabrielle Pepin, Yulya Truskinovsky
Upjohn Institute Policy and Research Briefs
No abstract provided.
Dynamic Micropolitans In The Mountain West, 2015-2021,
2023
University of Nevada, Las Vegas
Dynamic Micropolitans In The Mountain West, 2015-2021, Annie Vong, Caitlin J. Saladino, William E. Brown Jr.
Cities & Metros
This fact sheet examines data exploring micropolitan ranking, gross domestic product (GDP) growth, employment growth, and average annual pay growth for micropolitan areas in the Mountain West. The original report includes economic growth data on 536 micropolitan areas across the United States from 2015 to 2021.
Failed Secular Revolutions: Religious Belief, Competition, And Extremism,
2023
University of Oxford
Failed Secular Revolutions: Religious Belief, Competition, And Extremism, Jean-Paul Carvalho, Jared Rubin, Michael Sacks
ESI Working Papers
All advanced economies have undergone secular revolutions in which religious belief and institutions have been subordinated to secular forms of authority. There are, however, numerous examples of failed secular transitions. To understand these failures, we present a religious club model with endogenous entry and cultural transmission of religious beliefs. A spike in the demand for religious belief, due for example to a negative economic shock, induces a new and more extreme organization to enter the religious market and exploit the dissatisfaction of highly religious types with the religious incumbent. The eect is larger where institutional secularization is more advanced, for …
Corruption: A Review Of Issues,
2023
University of Ljubljana, School of Economics and Business, Ljubljana, Slovenia
Corruption: A Review Of Issues, Sandra Damijan
Economic and Business Review
This paper provides a historical overview of the concept of corruption, the existing models for studying it, and the main costs that corruption imposes on the economy and society at large. Corruption was first understood as a disturbance of the balance of state power, and later as the immorality of political patronage and favouritism of certain groups. It evolved from the public sphere to the intertwining of the public and private spheres, from a political issue to the intertwining of political and economic issues. The fight against corruption evolved from the maintenance of necessary checks and balances, from moral struggles …
(Wp 2023-01) Objectivity In Economics And The Problem Of The Individual,
2023
Marquette University
(Wp 2023-01) Objectivity In Economics And The Problem Of The Individual, John B. Davis
Economics Working Papers
This paper addresses objectivity in economics. It criticizes a closed science, ‘view from nowhere’ conception of economics and defends an open science, ‘view from somewhere’ conception of objective science. It ascribes the first conception to mainstream economics, associates it with its principle practices – reductionist modeling, formalization, limited interdisciplinarity, and value neutrality – and argues their foundation is the Homo economicus individual conception. Two problematic consequences of adopting this stance are: (i) value blindness regarding the range and complexity of human values; (ii) fatalism regarding human behavior associated with employing a tenseless representation of time. The paper contrasts the principle …
Bubble Testing Under Polynomial Trends,
2023
Singapore Management University
Bubble Testing Under Polynomial Trends, Xiaohu Wang, Jun Yu
Research Collection School Of Economics
This paper develops the asymptotic theory of the least squares estimator of the autoregressive (AR) coefficient in an AR(1) regression with intercept when data is generated from a polynomial trend model in different forms. It is shown that the commonly used right-tailed unit root tests tend to favor the explosive alternative. A new procedure, which implements the right-tailed unit root tests in an AR(2) regression, is proposed. It is shown that when the data generating process has a polynomial trend, the test statistics based on the new procedure cannot find evidence of explosiveness. Whereas, when the data generating process is …
Design Power And Potential Future Of Global Organization Of Life,
2023
University of Texas - Rio Grande Valley
Design Power And Potential Future Of Global Organization Of Life, A. Fuat Fırat
Markets, Globalization & Development Review
In this essay I propose a definition of design to address its potential role in largely determining power relations in the future. Some foundational discussion of wealth, culturally constructed differently in different historical times, trends of corporatization in the contemporary world, and the birth of control society is presented to help understand the possibilities and difficulties of building future organizations of life. I invite discussions and dialogues to widen and deepen the concept of design power.
An Institutional Perspective On Climate Change, Markets, And Consumption Across Three Countries,
2023
Toulouse Business School, Casablanca
An Institutional Perspective On Climate Change, Markets, And Consumption Across Three Countries, Delphine Godefroit-Winkel
Markets, Globalization & Development Review
This manuscript enriches knowledge about consumers’ responses to climate change actions. Through the lens of institutional theory, it examines the findings of three studies run in France, Morocco and the United States. In Morocco, consumers are more responsive to climate change actions when they are managed at the level of their country, and company. Moroccan consumers express ambivalent emotions when their supermarket engages in actions to combat climate change. In France, consumers are less responsive when their country engage in climate change actions, but they display positive responses towards their supermarkets’ climate change actions. In the United States, the responses …
Marketing, Development, And The Question Of Meaning,
2023
University of Southern Denmark
Marketing, Development, And The Question Of Meaning, Dominique Bouchet
Markets, Globalization & Development Review
Originally developed as a sales technique, marketing ended up playing an economic and political role globally. With the advent of globalization and sustainability issues, the importance given to the techniques of marketing in both analyses and in communication limits the possibility of mutual understanding and of social creativity. A profound understanding of what is at stake for society and culture is not what matters when the focus is on the ways to maintain the superficial link to the instrument of power.
The market plays a central role within the fields of marketing, economics and politics. Yet, questions of what the …
Privileging Localism And Visualizing Nationhood In Anti-Consumption,
2023
University of Brimingham
Privileging Localism And Visualizing Nationhood In Anti-Consumption, Rohit Varman, Russell Belk
Markets, Globalization & Development Review
The main aim of this research is to understand the genesis and nature of an anti-consumption movement in India and its emphasis on nationalism through localism. This research adopted a case study design, including in-depth interviews and discursive analysis. Through a historical analysis this research shows the influence of anarchist political philosophy in a contemporary anti-consumption movement. It demonstrates that anti-consumption is inflected with discourses of freedom, anti-authoritarianism, and anti-statism, which are central to the anarchist conception of localism. This research shows that anti-consumption movements in India use consumption objects to privilege local over both national and international. This helps …
Establishing Meaning And Values In Marketing And Broadening Perspectives In Understanding Nationhood And Climate Change,
2023
University of Texas Rio Grande Valley
Establishing Meaning And Values In Marketing And Broadening Perspectives In Understanding Nationhood And Climate Change, Deniz Atik, Nikhilesh Dholakia
Markets, Globalization & Development Review
No abstract provided.
