Geopolitics And Ballpark Estimates, 2022 Singapore Management University
Geopolitics And Ballpark Estimates, Thomas Lam, David Fernandez
Sim Kee Boon Institute for Financial Economics
Most economist commenced 2022 with 3 key assumptions on the global economy:
1) Some policy normalisation and reversal, though cautious and uneven, are likely to occur in economies with above-average growth and inflation;
2) The Covid-19 infection wave, while presumably asymmetric and recurrent across countries, appears to have less of an imprint on cyclical activity on balance;
3) The lingering supply disruptions resulting from the pandemic, albeit still intense and widespread, should be easing gradually.
Assessing Gender Parity In Intrahousehold Allocation Of Educational Resources: Evidence From Bangladesh, 2022 Singapore Management University
Assessing Gender Parity In Intrahousehold Allocation Of Educational Resources: Evidence From Bangladesh, Sijia Xu, Abu S. Shonchoy, Tomoki Fujii
Research Collection School Of Economics
Gender parity in education—an important global development goal—has been primarily measured through school enrollment, and the gender parity in education quality has received limited attention until recently. We address this issue by highlighting the intrahousehold allocation of education expenditure. We extend the hurdle model into a three-part model to enable decomposition of households’ education decisions into enrollment, total education expenditure, and share of the total education expenditure on the core component, or items relating to the quality of education such as private tutoring. We apply this model to four rounds of nationally representative household surveys from Bangladesh, a country that …
Forced Moves And Home Maintenance: The Amplifying Effects Of Mortgage Payment Burden On Underwater Homeowners, 2022 University of Connecticut
Forced Moves And Home Maintenance: The Amplifying Effects Of Mortgage Payment Burden On Underwater Homeowners, John Harding, Li Jing, Stuart Rosenthal, Xirui Zhang
Research Collection School Of Economics
Although the adverse effect of high loan to value ratios (LTV) on mortgage default is known, the potential amplifying effect of high payment-to-income (PTI) ratios that can force families out of their homes has received limited attention. High PTI and LTV can also add to default costs by discouraging home maintenance. Using the 1985-2013 AHS panel, we show that high PTI prompts families to move and especially so for households with LTV above 120%. This lends support for policies like HAMP and HARP that seek to reduce forced moves and mortgage default by lowering mortgage payment burden for financially stressed …
Cryptocurrencies Bandwagon…Fad Wave Or Investment Asset? Firm Level Analysis Of Panel Data In Egypt, 2022 American University in Cairo
Cryptocurrencies Bandwagon…Fad Wave Or Investment Asset? Firm Level Analysis Of Panel Data In Egypt, Yasmine Galal
Theses and Dissertations
The crypto market is growing rapidly and gaining momentum globally. The current study is tackling the impact of the crypto exchanges on the stock market in Egypt. The author consolidated firm level data from DataStream and Cryptocurrency data from CoinDesk to conduct this study over the period 2014-2020. The methodology is based on Fixed Effect and IV-GMM models to study the differential impact across sectors and firm attributes. Our main findings can be highlighted as follows: (a) cryptocurrencies are substitutes to stocks. (b)Two periods are highlighted in the analysis: 2016 post currency devaluation and COVID-19 pandemic, where the adoption was …
Short-Term Impact Of Covid-19 On Consumption Spending And Its Underlying Mechanisms: Evidence From Singapore, 2022 Singapore Management University
Short-Term Impact Of Covid-19 On Consumption Spending And Its Underlying Mechanisms: Evidence From Singapore, Seonghoon Kim, Kanghyock Koh, Xuan Zhang
Research Collection School Of Economics
We examine the short-term impact of COVID-19 on consumption spending and labor market outcomes. Using monthly panel data of individuals mainly aged 50–70 in Singapore, we find that COVID-19 reduced consumption spending and labor market outcomes immediately after its outbreak, and its negative impact quickly evolved. At its peak, the pandemic reduced total household consumption spending by 22.8% and labor income by 5.9% in April. Probability of full-time work also went down by 1.2 pp and 6.0 pp in April and May, respectively, but employment and self-employment were only mildly affected. Our heterogeneity analysis indicates that the reduction in consumption …
Domains For Well Behaved Monotonic Social Choice Functions, 2022 Singapore Management University
Domains For Well Behaved Monotonic Social Choice Functions, Salles Paulo Daniel Ramos
Research Collection School Of Economics
We present here a set of necessary and sufficient conditions for an MD-Connected Domain to support a Well Behaved Monotonic Social Choice Function. We require the domain to have a minimal number of preferences in which a pair of alternatives flips their relation, and these reversals must occurr in accordance to a tree graph. While this condition cannot be sum-marized by a set of restrictions on individual preferences, we provide two alternative characterizations that can, one that is necessary and another that is sufficient.
Heterogeneous Health Effects Of Medical Marijuana Legalization: Evidence From Young Adults In The United States, 2022 Singapore Management University
Heterogeneous Health Effects Of Medical Marijuana Legalization: Evidence From Young Adults In The United States, Junxing Chay, Seonghoon Kim
Research Collection School Of Economics
Legalizing marijuana for medical purposes is a longstanding debate. However, evidence of marijuana's health effects is limited, especially for young adults. We estimate the health impacts of medical marijuana laws (MML) in the U.S. among young adults aged 18–29 years using the difference-in-differences method and data from the Behavioral Risk Factors Surveillance System. We find that having MMLs with strict regulations generate health gains, but not in states with lax regulations. Our heterogeneity analysis results indicate that individuals with lower education attainments, with lower household income and without access to health insurance coverage gain more health benefits from MML with …
Covid-19, Vaccines, And Decision Theory, 2022 Hunter College School of Social Work
Covid-19, Vaccines, And Decision Theory, Michael A. Lewis
Journal of Humanistic Mathematics
In this piece, I delve into some thoughts I've had about decision theory. These have been inspired by the vaccine rollout phase of the COVID-19 Pandemic. I focus on decision making under uncertainty, as it relates to the decision to get vaccinated or not.
Decision Making In International Supply Chain Investment, 2022 University of Denver
Decision Making In International Supply Chain Investment, Noah Quint Curtin
Undergraduate Theses, Capstones, and Recitals
In this paper, supply chain decision-makers where and how to internationally invest into supply chains. I focus on outside institutional factors, and intra-firm behavioral factors that affect where and how they invest. I first review the literature on international investment at large. Later for my part of the research, I conduct a series of semi-structured interviews with international supply chain decision-maker primarily in Denver to better understand their processes. I find that they value business models higher than “hunches”, but also that tacit knowledge and relationships play an important role in their processes.
Survey Of The Labor Market For New Ph.D. Hires In Economics 2022-23, 2022 University of Arkansas, Fayetteville
Survey Of The Labor Market For New Ph.D. Hires In Economics 2022-23, Mervin Jebaraj, David Sorto, Raja Kali
Labor Market Survey
This year, the survey questionnaire was sent to 369 organizations. Questionnaires were returned by 144 organizations (39.0 percent). Of this year’s responses, 86 (59.7 percent) were from those who responded to the last survey conducted for the 2021-22 academic year. Among the academic institutions responding, the distribution of highest degrees offered was as follows: Ph.D.—56.3 percent; Master’s—8.3 percent and Bachelor’s—34.7 percent.
The responses are reported for all respondents, and separately for Ph.D. Degree granting institutions and for schools whose highest degree offered is the Bachelor’s or Master’s Degree. Data for the top 30 institutions in the revised National Research Council’s …
Information Cascades In The Classroom: The Relationship Between In-Class Feedback And Course Performance, 2022 Bowling Green State University
Information Cascades In The Classroom: The Relationship Between In-Class Feedback And Course Performance, Amanda C. Cook, James Bland, Andrew Meisner
The Journal of Economics and Politics
Technology is used in undergraduate courses to engage students and provide feedback about understanding. TopHat is an application which displays multiple choice questions mid-class. In this field experiment, we determine if displaying or hiding the distribution of peer responses has an impact on exam scores. When students see peer responses, we observe information cascades on both correct and incorrect answers. Getting an individual TopHat question correct predicts a 1.3 percentage point increase on final exam scores, however we find no difference in predictive power between treatments. Participating in one negative cascade predicts that a student will score approximately five percentage …
Invited Perspective - Nutritional Needs And Implications For Children In Subsistence Marketplaces, 2022 Grande Cheese Co.
Invited Perspective - Nutritional Needs And Implications For Children In Subsistence Marketplaces, Nagendra Rangavajla
Subsistence Marketplaces
Today, while the number of stunted children is decreasing in all geographies, the progress is not consistent. Moreover, there is an increasing prevalence of overweight and obesity among children and adolescent. Globally, about half of all children under five do not receive essential nutrients, often unnoticed until too late. On the other end of the spectrum, the incidence of overweight and obesity in 5-19 year old has increased from 4% in 1975 to 18% in 2016 1. These trends reflect a ‘triple burden of malnutrition’, a burden that impacts the survival, growth, and development of children, and in turn, …
Third Party Moral Hazard And The Problem Of Insurance Externalities, 2022 University of Pennsylvania Carey Law School
Third Party Moral Hazard And The Problem Of Insurance Externalities, Gideon Parchomovsky, Peter Siegelman
All Faculty Scholarship
Insurance can lead to loss or claim-creation not just by insureds themselves, but also by uninsured third parties. These externalities—which we term “third party moral hazard”—arise because insurance creates opportunities both to extract rents and to recover for otherwise unrecoverable losses. Using examples from health, automobile, kidnap, and liability insurance, we demonstrate that the phenomenon is widespread and important, and that the downsides of insurance are greater than previously believed. We explain the economic, social and psychological reasons for this phenomenon, and propose policy responses. Contract-based methods that are traditionally used to control first-party moral hazard can be welfare-reducing in …
No Need For Certainty In Animal Sentience, 2022 Monash University
No Need For Certainty In Animal Sentience, Yew Kwang Ng
Animal Sentience
This commentary supports Crump et al.’s (2022) point that where risks to welfare are severe, strong evidence of sentience is sufficient to warrant protecting welfare. Crump et al.’s eight criteria for sentience are also useful. Flexible decision-making (5) and flexible behaviour (6) are consistent with Ng (1995). The concession that the “no-need-for-sentience” proposition is unnecessary also strengthens the importance of the target article’s conclusions.
Does Recreational Marijuana Dispensing Induce Substitution For Alcohol?, 2022 Portland State University
Does Recreational Marijuana Dispensing Induce Substitution For Alcohol?, Aubrey E. Mange
Economics Masters Project Research Papers
I exploit geographic and temporal variation in recreational marijuana dispensing to estimate its effect on alcohol related prices and mortalities. I interpret the finding of a casual reduction in alcoholic poisonings as evidence for a substitutive relationship, contributing to a growing marijuana policy literature and the divided economic literature exploring substitution between the two goods.
Trauma Of The Past: The Impact Of Adverse Childhood Experiences On Adult Attachment, Money Beliefs And Behaviors, And Financial Transparency, 2022 University of Kentucky
Trauma Of The Past: The Impact Of Adverse Childhood Experiences On Adult Attachment, Money Beliefs And Behaviors, And Financial Transparency, D.Bruce Ross, Ed Coambs, Emily Johnson
Journal of Financial Therapy
Adverse childhood experiences (ACEs) can have a strong, lasting impact on our mental and relational outcomes as adults. They may also impact how we address financial beliefs and behaviors. The current study utilizes 500 participants from Amazon MTurk and structural equation modeling (SEM) to explore the relationships between ACEs and relational financial transparency behaviors through attachment style and money beliefs and behaviors. Findings indicated significant direct and indirect associations across these pathways, particularly for experiences of reported neglect, verbal, and sexual abuse on less security in adult attachment styles. In turn, insecure attachment styles were linked to increased maladaptive financial …
Socioeconomic Factors And Mass Shootings, 1982-2016, 2022 University of Denver
Socioeconomic Factors And Mass Shootings, 1982-2016, Taylor Petkovich
Electronic Theses and Dissertations
This paper is an examination and investigation of the relationship between socioeconomic factors and mass shootings. The objective of this paper was to see if economic policy making could be an effective tool for reducing the level of mass gun violence that America has been experiencing. This paper highlights the known relationship between violent crime and economics and tries to bridge that connection to mass shootings specifically through literature review and econometric testing. The ultimate takeaway from this paper’s results and analysis is the need for a universal definition and governing body for data on mass shootings in order to …
Covid-19 Vaccine Disparities And Attitudes, 2022 University of Texas at Tyler
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 …
Why Do Rich People Not Retire?, 2022 Scripps College
Why Do Rich People Not Retire?, Xiya Li
Scripps Senior Theses
Work and leisure are central to the human condition. Scholars from many fields have tried to understand why Americans work so much. Many people believe that when they have enough money, they will retire. However, many people are not willing to retire even if they have enough money to do so. Most people who do not have enough money to retire do not even get any amount of leisure from their jobs. If the view that enough money directly leads to retirement is wrong, then it is time to reconsider using this logic to think of the possibility of retiring. …
Windfall Payment Savings: An Examination Of Act 13 Disbursements In Pennsylvania, 2022 West Chester University
Windfall Payment Savings: An Examination Of Act 13 Disbursements In Pennsylvania, Corey Young
West Chester University Doctoral Projects
State and local governments occasionally receive positive exogenous payments or windfalls that have a significant impact on their budgets. However, few works examine how budget-makers allocate such payments or if they are consumed in a manner consistent with other revenue streams. Prior research suggests that multiple factors, including the size of a windfall payment, impact how much of the funds are saved and spent. Using data from the Act 13 Unconventional Natural Gas Impact Fee in Pennsylvania, this study examines the relationship between windfall payment size and savings rates between 2011 and 2019. The results of the study indicate that …