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The Influence Of Socio-Economic Constraints On Women's Economic Empowerment In Kenya: Evidence Of Wage Disparities?, Wairimu Kimani 2024 University of San Diego

The Influence Of Socio-Economic Constraints On Women's Economic Empowerment In Kenya: Evidence Of Wage Disparities?, Wairimu Kimani

McNair Summer Research Program

This study presents an econometric analysis of socio-economic factors which influence wage inequalities in Kenya. This study tests the hypothesis that women experience cross sectoral gender wage disparities which are influenced by cultural and social expectations. Linear, logistic, factorial regressions models and the Mann-Whitney test were utilized to identify statistical determinants of the gender-wage gap through disproportionate educational outcomes, labor outcomes, and social outcomes. The outcomes reflect that education and other demographic factors play a pivotal role in the wage and employment outcomes for women in Kenya. The results suggest that cultural implications are the main influence to the socio-economic …


Evaluating Margin Protection (Mp) Crop Insurance As A Risk Management Tool For Rice Producers In Arkansas, Kaleem Azmat Chattha 2024 University of Arkansas, Fayetteville

Evaluating Margin Protection (Mp) Crop Insurance As A Risk Management Tool For Rice Producers In Arkansas, Kaleem Azmat Chattha

Graduate Theses and Dissertations

Agricultural producers bear many risks, including production risks stemming from uncertainty in weather and pest pressure and price risks arising from market volatility. Federal Crop Insurance has become one of the most popular tools to manage these risks. While yield and revenue crop insurance tend to be the most popular production and price risk management tools provided by the government, participation in Margin Protection insurance lags far behind despite providing production, crop price, and input price risk protection. This study aims to uncover whether Margin Protection crop insurance is an effective risk management tool by estimating the optimal coverage level …


When Hedge Funds Move In: Socioeconomic Consequences Of Single-Family Rentals, Hannah Misurati 2024 Clemson University

When Hedge Funds Move In: Socioeconomic Consequences Of Single-Family Rentals, Hannah Misurati

All Theses

In this thesis I explore the effect of increased investment in the single-family rental sector on inequality and housing affordability. I measure the effect of the single family rental (SFR) share on Gini indices and median rental prices across the largest U.S. cities. I construct three non lagged and three lagged models for each of the two dependent variables. In my analysis of the relationship between SFR shares and inequality, I do not find a significant relationship after accounting for potential reverse causality. However, the relationship between SFR shares and rent prices is shown to be negative and significant once …


Estimating The Effect Of Nuclear Energy On A Country's Electricity Generation Mix: Fukushima As A Case Study, Sarah Elizabeth Zarrilli 2024 Clemson University

Estimating The Effect Of Nuclear Energy On A Country's Electricity Generation Mix: Fukushima As A Case Study, Sarah Elizabeth Zarrilli

All Theses

In this paper, I attempt to estimate the true effects of removing nuclear energy on a country’s energy portfolio, particularly how the country substitutes to other fuel sources for electricity generation and how it impacts the country’s marginal electricity prices. In 2011, anti-nuclear sentiment that arose in Japan following the meltdown of the Fukushima prefecture’s nuclear power plant resulted in the country decreasing its nuclear electricity generation from over 30% of its total supply to 0% in under two years. I use the dramatic variation across Japan’s electricity supply regions over the denuclearization period to attempt to estimate the true …


Measurement Reliability For Intentions To Change Behavior, Emily Schlichtig 2024 University of Arkansas, Fayetteville

Measurement Reliability For Intentions To Change Behavior, Emily Schlichtig

Graduate Theses and Dissertations

It is common for researchers to ask participants to associate probabilities with words, often using tools like the Likert scale to measure behavioral intentions and attitudes. However, it remains unclear what specific probabilities participants assign to the response options on a Likert scale, how much variation exists across these options, and whether these probabilities differ across various behaviors. The purpose of this paper is to explore the numeric probabilities that participants associate with different Likert scale points, to understand their perception of the variation at each point, and to compare these perceptions across three behaviors: eating more vegetables, exercising more, …


How Are Global Trade Relationships Affected By Western Sanctions?, Colin A. Martinez 2024 Utah State University

How Are Global Trade Relationships Affected By Western Sanctions?, Colin A. Martinez

All Graduate Reports and Creative Projects, Fall 2023 to Present

Do sanctions actually have an impact on their intended targets? This paper seeks to fill a gap in the existing literature on the effectiveness of sanctions by measuring potential impacts on the trade relationships of targeted states after the imposition of sanctions. To do so, it turns to a comprehensive dataset that combines all trade and sanctions data for each of 229 states, arranged in 23,132 dyads, from 2000 through 2019. It then examines 792 regressions using a hybrid fixed effects difference-in-difference model applied to twelve different types of sanctions, differentiated by the sanctioning state’s membership in certain groups of …


Exploring The Motivations And Determinants Of Farmer’S Market Consumers And Organic Specialty Crop Producers, Jane Arnold 2024 Clemson University

Exploring The Motivations And Determinants Of Farmer’S Market Consumers And Organic Specialty Crop Producers, Jane Arnold

All Theses

This two-chapter thesis evaluates the motivations and determinants of the central figures in farmers’ markets and organic markets. The first chapter explores the rise of farmers’ markets popularity through an in-person survey that was designed and distributed to 274 farmers' market consumers. Logit and ordered logit regressions were used to identify the motivations and characteristics that affect the likelihood of being a frequent farmers’ market customer (visiting 5 times or more per season) and spending over $50. The second chapter investigates the organic markets for cucumber and kale, which are dominant specialty crops on today’s grocery shelves. To identify the …


Gradient Wild Bootstrap For Instrumental Variable Quantile Regressions With Weak And Few Clusters, Wenjie WANG, Yichong ZHANG 2024 Singapore Management University

Gradient Wild Bootstrap For Instrumental Variable Quantile Regressions With Weak And Few Clusters, Wenjie Wang, Yichong Zhang

Research Collection School Of Economics

We study the gradient wild bootstrap-based inference for instrumental variable quantile regressions in the framework of a small number of large clusters in which the number of clusters is viewed as fixed, and the number of observations for each cluster diverges to infinity. For the Wald inference, we show that our wild bootstrap Wald test, with or without studentization using the cluster-robust covariance estimator (CRVE), controls size asymptotically up to a small error as long as the parameter of endogenous variable is strongly identified in at least one of the clusters. We further show that the wild bootstrap Wald test …


The Effect Of Crime On Tourism In Indonesia, Muhammad Farhan, Hera Susanti 2024 Universitas Indonesia

The Effect Of Crime On Tourism In Indonesia, Muhammad Farhan, Hera Susanti

Journal of Strategic and Global Studies

Tourism sector is widely known as one of economic sectors that can be the engine of economic growth in an effort to reduce poverty in a country. However, growth in the tourism sector can be influenced by safety factors. Tourists tend to avoid tourism destination areas with high crime rates in order to avoid becoming victims of crime. This study aims to analyze the effect of crime on the number of tourist arrivals in Indonesia by using four proxies of crime, which are total crime rate, property crime rate, violent crime rate, and fraud crime rate. This study utilizes a …


Cross-Cultural Interactions And Equilibrium Selection In Stag Hunt Games, Gabriele Camera, James Gilmore, Marilyn Giselle Hazlett, Jason Shachat, Bochen Zhu 2024 Chapman University

Cross-Cultural Interactions And Equilibrium Selection In Stag Hunt Games, Gabriele Camera, James Gilmore, Marilyn Giselle Hazlett, Jason Shachat, Bochen Zhu

ESI Working Papers

We study within-and cross-culture interaction in a Stag Hunt game, using a controlled online experiment with participants from a Chinese and a U.S. university. We investigate if cross-culture interactions support less coordination on the riskier but Pareto efficient Nash equilibrium. Our study mimics the experimental design of previous studies testing this hypothesis, but includes participants from two geographically-separated universities instead of subgroups within a single western university thus providing a stronger delineation between two cultures. Counter to previous studies, we find that cross-culture interactions can have a positive impact on efficiency. Participants from the U.S. university, particularly females, more frequently …


Impact Of Crises On Indian Financial Markets, Pami Dua, Divya Tuteja 2024 Delhi School of Economics, University of Delhi

Impact Of Crises On Indian Financial Markets, Pami Dua, Divya Tuteja

Bulletin of Monetary Economics and Banking

We investigate the effect of crises on Indian financial markets including the short-term and medium-term money, government securities segments, equity and currency markets. Specifically, we study the effects of the COVID-19 pandemic, the Eurozone Sovereign Debt Crisis and the Global Financial Crisis on market returns, volatility and cross-correlations. We employ a (a) vector autoregressive model to analyse the effects of those shocks on returns and (b) multivariate ADCC-GARCH specification to examine the impact on conditional volatility and dynamic conditional correlation in the markets. We find significant effect of the Global Financial Crisis and the pandemic on the dynamics of the …


Do Digital Payments Spur Gst Revenue: Indian Experience, Surender Kumar 2024 Department of Economics, Delhi School of Economics, University of Delhi

Do Digital Payments Spur Gst Revenue: Indian Experience, Surender Kumar

Bulletin of Monetary Economics and Banking

This paper measures the effect of digital payments on enhancing goods and services tax (GST) revenue in India using monthly time-series information on tax collections and digital payments. By employing an autoregressive distributed lag cointegration framework, we find that the GST elasticity concerning digital transactions is about 0.54. The implication is that a one-standard-deviation increase in the value of digital transactions spurs GST revenue of about INR 62 billion, and a one-standard-deviation increase in index of industrial production (IIP) enhances GST revenue by about INR 8 to 12 billion. These results suggest that enhancing digital transactions is an effective way …


India And The Rest Of The World: Analyses Of International Monetary Policy Spillovers, AFEES A. SALISU 2024 University of Pretoria

India And The Rest Of The World: Analyses Of International Monetary Policy Spillovers, Afees A. Salisu

Bulletin of Monetary Economics and Banking

The US is India's largest trading partner, followed by the European Union. Our study, using the GVAR model, shows that a US monetary policy (MP) shock results in a depreciation of the Indian currency vis-a-vis the dollar. This is due to Indian investors preferring to invest in the US, which provides higher returns during a US MP shock. The Eurozone MP shock does not have a significant impact due to the increasing dollarization of the Indian economy. However, the US MP shock propagation diminishes when there is economic policy uncertainty. Our findings have implications for monetary policy conduct in India.


Hiv Estimation Using Population-Based Surveys With Non-Response: A Partial Identification Approach, Oyelola A. ADEGBOYE, Tomoki FUJII, Denis H. Y. LEUNG, Siyu LI 2024 Charles Darwin University

Hiv Estimation Using Population-Based Surveys With Non-Response: A Partial Identification Approach, Oyelola A. Adegboye, Tomoki Fujii, Denis H. Y. Leung, Siyu Li

Research Collection School Of Economics

HIV estimation using data from the demographic and health surveys (DHS) is limited by the presence of non-response and test refusals. Conventional adjustments such as imputation require the data to be missing at random. Methods that use instrumental variables allow the possibility that prevalence is different between the respondents and non-respondents, but their performance depends critically on the validity of the instrument. Using Manski's partial identification approach, we form instrumental variable bounds for HIV prevalence from a pool of candidate instruments. Our method does not require all candidate instruments to be valid. We use a simulation study to evaluate and …


The Relationship Between Monetary Policy And The Stock Market Cycle: An Empirical Study In Vietnam, Nhung Thuy Tran 2024 Ho Chi Minh City University of Law

The Relationship Between Monetary Policy And The Stock Market Cycle: An Empirical Study In Vietnam, Nhung Thuy Tran

The Indonesian Capital Market Review

The study examines the relationship between monetary policy and the stock market cycle in Vietnam. Using data from 2007 to 2022 and employing a VAR model, we estimate the impact of monetary policy factors on stock market cycle variables. The findings confirm a two-way causal relationship between monetary policy and the stock market cycle. However, the influence of cyclical fluctuations on the monetary policy transmission mechanism is weak, exhibits a lag, and predominantly occurs in the medium and long term. These results indicate that Vietnam's monetary policy requires time to absorb financial shocks and adjust to economic conditions. The study …


Essays On Estimating Firm-Level Production Function With Spatial Dependence, Bo Lin NG 2024 Singapore Management University

Essays On Estimating Firm-Level Production Function With Spatial Dependence, Bo Lin Ng

Dissertations and Theses Collection (Open Access)

This dissertation consists of two chapters on the estimation of firm-level production functions when spatial effects are present. In joint work with Pao-Li Chang, chapter 1 focuses on the impacts of global value chains (GVC) on the firm-level outcomes of Singapore. First, we quantify Singapore’s participation in global value chains (GVC) using the export decomposition framework of Borin and Mancini (2019), before using these indicators to analyse how GVC participation affects sectoral-level valueadded and employment. We find that gross exports and foreign final demand have become more important for Singapore’s value-added, largely driven by the Services sectors. We then use …


Reading The Candlesticks: An Ok Estimator For Volatility, Jia LI, Dishen WANG, Qiushi ZHANG 2024 Singapore Management University

Reading The Candlesticks: An Ok Estimator For Volatility, Jia Li, Dishen Wang, Qiushi Zhang

Research Collection School Of Economics

We propose an Optimal candlesticK (OK) estimator for the spot volatility using high-frequency candlestick observations. Under a standard infill asymptotic setting, we show that the OK estimator is asymptotically unbiased and has minimal asymptotic variance within a class of linear estimators. Its estimation error can be coupled by a Brownian functional, which permits valid inference. Our theoretical and numerical results suggest that the proposed candlestick-based estimator is much more accurate than the conventional spot volatility estimator based on high-frequency returns. An empirical illustration documents the intraday volatility dynamics of various assets during the Fed chairman's recent congressional testimony.


Bubbly Booms And Welfare, Feng DONG, Yang JIAO, Haoning SUN 2024 Singapore Management University

Bubbly Booms And Welfare, Feng Dong, Yang Jiao, Haoning Sun

Research Collection School Of Economics

We show the competing effects of a housing bubble on the real economy by developing a multi-sector dynamic model with housing production. On the one hand, firms can sell or collateralize their housing, so a housing bubble helps firms obtain credit to finance their investment and expand production. On the other hand, a boom in the housing sector crowds out labor in the non-housing sector. We show that housing booms can reduce social welfare both in the steady state and in the transitional dynamics only when the production externalities in the non-housing sector are sufficiently large. We quantitatively evaluate our …


Who Helps Tsimane Children And Adults?, Eric Schniter, Daniel K. Cummings, Paul L. Hooper, Jonathan Stieglitz, Benjamin C. Trumble, Hillard S. Kaplan, Michael D. Gurven 2024 Chapman University

Who Helps Tsimane Children And Adults?, Eric Schniter, Daniel K. Cummings, Paul L. Hooper, Jonathan Stieglitz, Benjamin C. Trumble, Hillard S. Kaplan, Michael D. Gurven

ESI Working Papers

We examine various forms of helping behavior among Tsimane Amerindians of Bolivia, focusing on the provision of shelter, childcare, food, sickcare, cultural influence, and traditional story knowledge. Kin selection theory traditionally explains nepotistic nurturing of youth by closely related kin. However, less attention has been given to understanding the help provided by individuals without close genetic relatedness. To explain who provides various forms of help, we evaluate support for several predictions derived from kin selection theory. Our results show that helpers who are most often closely related and from an older generation tend to provide more costly forms of help …


Refugees Insertion And Labor Market Outcomes And: An Analysis Of The Egyptian Context, Salma Ebrahim 2024 American University in Cairo

Refugees Insertion And Labor Market Outcomes And: An Analysis Of The Egyptian Context, Salma Ebrahim

Theses and Dissertations

This thesis examines the association between the inflow of refugees to Egypt and labor market outcomes during the period 2012-2018, using data from the Egyptian Labor Market Panel Survey (ELMPS). By applying Difference-in Differences and Probit models, the study compares labor market outcomes between Greater Cairo, characterized by high refugee inflow, and the Suez Canal region, which has a very low inflow. The labor force outcomes analyzed wages, formality and labor force participation. The results indicate that the refugee influx is associated with a decline in wages for both formal and informal workers in the treatment group compared to the …


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