Economics Commons^™

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, 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, 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, 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, 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, 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, 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, …

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, 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, 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 …

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, 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, 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, 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, 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, Deniz Atik, Nikhilesh Dholakia

Markets, Globalization & Development Review

No abstract provided.

Jepson Forum, Flyer, Spring 2023, University Of Northern Iowa. Department Of Economics.

Jepson Forum

Gives the topic and the speakers for the annual Jepson Forum.

Of Boys And Men: Why The Modern Male Is Struggling, Why It Matters, And What To Do About It, Richard Reeves

Brookings Scholar Lecture Series

Boys and men are struggling. Profound economic and social changes of recent decades have many losing ground in the classroom, the workplace, and in the family. While the lives of women have changed, the lives of many men have remained the same or even deteriorated. Our attitudes, our institutions, and our laws have failed to keep up. Conservative and progressive politicians, mired in their own ideological warfare, fail to provide thoughtful solutions.

The father of three sons, a journalist, and a Brookings Institution scholar, Richard V. Reeves has spent twenty-five years worrying about boys both at home and work. His …

The Independent Contractor Workforce: New Evidence On Its Size And Composition And Ways To Improve Its Measurement In Household Surveys, Katharine G. Abraham, Brad J. Hershbein, Susan N. Houseman, Beth C. Truesdale

Upjohn Institute Working Papers

Good data on the size and composition of the independent contractor workforce are elusive, with household survey and administrative tax data often disagreeing on levels and trends. We carried out a series of focus groups to learn how self-employed independent contractors speak about their work. Based on these findings, we designed and fielded a large-scale telephone survey to elicit more accurate and complete information on independent contractors, including those who may be coded incorrectly as employees in conventional household survey data and those who are independent contractors in a secondary work activity. We find that, upon probing, roughly one in …

Pollution Control And Carbon Reduction In Whole Industrial Process: Method, Strategy And Scientific Basis, Hongbin Cao, He Zhao, Yuehong Zhao, Di Zhang

Bulletin of Chinese Academy of Sciences (Chinese Version)

As China's environmental protection emission standards are becoming stricter and industrial parks are taking shape, problems such as the lack of stable cooperative treatment technology for toxic pollutants and carbon emission reduction, and the high control cost seriously restrict the sustainable development of economic society and the realization of the strategic goal of carbon emission reduction. Guided by the major environmental protection demand of industries, this study put forward the method, strategy and scientific basis of "Synergistic reduce pollution and carbon in the whole process of industry". Through the coordination of control methods, cross-media, multi-field and multi-factor modeling optimization, the …