Revitalizing Distressed Older Suburbs,
2011
Cleveland State University
Revitalizing Distressed Older Suburbs, Kathryn W. Hexter, Edward W. Hill, Brian A. Mikelbank, Benjamin Y. Clark, Charles Post
All Maxine Goodman Levin School of Urban Affairs Publications
No abstract provided.
Northwest Indiana Regional Analysis: Demographics, Economy, Entrepreneurship And Innovation,
2011
Cleveland State University
Northwest Indiana Regional Analysis: Demographics, Economy, Entrepreneurship And Innovation, Ziona Austrian, Merissa Piazza, Eli Auerbach, Sunjoo Park
All Maxine Goodman Levin School of Urban Affairs Publications
This report is associated with "Northwest Indiana Entrepreneurial Opportunity Survey Analysis"
The Impact Of A Conditional Cash Transfer Program On Credit Behavior In Colombia,
2011
Claremont McKenna College
The Impact Of A Conditional Cash Transfer Program On Credit Behavior In Colombia, Brittany Pineros
CMC Senior Theses
This paper investigates the impact of Familias en Acción, a conditional cash transfer program in Colombia, on participant credit behavior. The motivation of the research is derived from previous studies which indicate that conditional cash transfer programs have effects on households aside from those directly intentioned by the programs. While the direct impacts of Familias en Acción have been measured by the research team responsible for evaluating the program, potential indirect effects remain uninvestigated. My research specifically focuses on the impacts of the program on credit behavior. I compute estimates on the percent change in loan balance outstanding and …
Fiscal Impact Of Privatization In Developing Countries,
2011
Claremont McKenna College
Fiscal Impact Of Privatization In Developing Countries, Alexander H. Sunderland
CMC Senior Theses
This paper examines the fiscal impact of privatization revenues in 47 developing countries. There are many reasons that privatization is attractive for the central government of developing countries. If substantial, these revenues from the sale of state owned enterprises can present a potential solution to persistent deficits. On the other hand, the privatization revenues could be used to finance an even larger deficit. In this paper, I will discuss previous research on the fiscal impact of privatization revenues, the factors that contribute to persistent fiscal budget deficits and explain how empirical research on the fiscal impact of privatization in the …
The Impact Of Terrorism On Foreign Direct Investment: Which Sectors Are More Vulnerable?,
2011
Claremont McKenna College
The Impact Of Terrorism On Foreign Direct Investment: Which Sectors Are More Vulnerable?, Shivani Agrawal
CMC Senior Theses
The impact of conflict and violence on foreign direct investment (FDI) is not a topic that has been done justice by the literature, and what few studies exist have contradictory results. This paper studies the impact that transnational terrorism has on FDI inflows by economic sector, in developed countries. Results indicate a statistically significant negative correlation between terrorist events and total FDI inflows. Amongst a list of 12 broad industrial sectors, FDI inflows for manufacturing, trade and repair, and construction were found to have a statistically significant negative correlation with terrorist events.
The Economic Impact Of Oil Price Shocks On Emerging Markets,
2011
Claremont McKenna College
The Economic Impact Of Oil Price Shocks On Emerging Markets, Aanchal Kapoor
CMC Senior Theses
Recent spikes in oil prices have thrown light on how economic activity in emerging markets may be impacted by oil price shocks. This paper conducts an empirical analysis of the effect of oil price shocks on emerging markets. It tests for the existence of an asymmetrical relationship between oil prices and economic activity using a model developed by James Hamilton. It also assesses the impact of structural shocks to the real price of oil on output as proposed by Lutz Kilian. While our models find no consistent pattern within emerging markets, they do suggest that oil price shocks have a …
From Riches To Rags: The Political Economy Of The Natural Resource Curse,
2011
Claremont McKenna College
From Riches To Rags: The Political Economy Of The Natural Resource Curse, Anum Malkani
CMC Senior Theses
The natural resource curse paradox has given rise to a wide range of explanations, which look at the economic, social and political characteristics of resource-rich countries. This paper focuses on the political economy of natural resources and finds that controlling for sociopolitical factors eliminates the natural resource curse. The analysis then turns to these sociopolitical factors and examines the significant, complex and varied effects of democratization on economic growth in general, as well as in resource-rich countries in particular. I conclude that the type of institutions needed for economic development in resource-rich countries are not specific to either democratic or …
Africa's Economic Resurgence: Is It Possible?,
2011
Sacred Heart University
Africa's Economic Resurgence: Is It Possible?, Alka Jauhari
Political Science & Global Affairs Faculty Publications
Economic theory suggests that inequality between nations is caused by a failure to strike an optimal balance between capital, goods, and labor within a framework of appropriate rules and regulations. This leads to misallocation of a nation's resources - both capital and physical - resulting in distorted use and flow of capital and goods. Politics, regulation and policy-making lie at the heart of such "distortions" which come at a huge cost to societies. Due to these distorted flows, Africa was left behind in the race for economic development, as compared to the other regions of the world. Such distortions have …
Has The Franco-German Power Balance In The European Union Tipped In Favor Of Germany?,
2011
Claremont McKenna College
Has The Franco-German Power Balance In The European Union Tipped In Favor Of Germany?, Stephanie C. Haffner
CMC Senior Theses
The power balance between France and Germany in the European Union has been one of great discussion and debate. Countless journalists and scholars have argued that Germany’s power has risen gradually against the seemingly perpetually stronger France over the past sixty years, and is now finally set to surpass France; but how true are these claims? How can power within the EU truly be measured? Through an analysis of Franco-German collaboration through unionization, a critique of the contemporary discourse on the relationship, and an examination of changing contributions to the EU budget, my paper argues that the Franco-German power balance …
Signal Extraction From The Components Of The Philippine National Accounts Statistics Using Arima Model-Based Methodology,
2011
De La Salle University-Manila
Signal Extraction From The Components Of The Philippine National Accounts Statistics Using Arima Model-Based Methodology, Cesar C. Rufino
Angelo King Institute for Economic and Business Studies (AKI)
The state-of-the-art in signal extraction gradually evolved from the use of mechanical form of moving average filters to the present sophisticated model-based techniques capable of performing automatic modeling and signal extraction involving hundreds or even thousands of time series in one production run. The leading edge of technology is being shared by two ARIMA model-based systems – ARIMA X12 of the US Bureau of Census and the twin programs TRAMO-SEATS developed at the Bank of Spain. These specialized expert systems have been adopted by most statistical agencies of advanced OECD countries and the European community. The Philippines on the other …
Economic Development Under Dominant-Party Regimes,
2011
Colby College
Economic Development Under Dominant-Party Regimes, Christopher J. Gorud
Honors Theses
Case studies of economic development in Japan, Mexico, India, and Kenya examine the relationship between dominant-party regimes and developmental outcomes. This paper studies the variables of bureaucratic coherence and cohesion, corporatism, labor relations, and national developmentism as contributing factors to developmental success or failure in these states.
Public Dollar Private Owners; Tax Subsidies For New Stadiums In Professional Sports,
2011
Claremont McKenna College
Public Dollar Private Owners; Tax Subsidies For New Stadiums In Professional Sports, Grant J. Bunnage
CMC Senior Theses
The growing popularity of North American professional sports over the last twenty years directly coincides with the recent trend of urban communities using tax dollars to publically subsidize professional football, baseball, and basketball stadiums. Communities across North America invest substantial amount of public tax dollars in private facilities in light of a consensus among policy analysts that the economic impact of the new stadium is greatly exaggerated. The economic impact of new stadiums has been extensively researched, the focus of this paper rather, is to examine the impact publically subsidized facilities built in the last twenty years have on the …
The Great Indian Growth Puzzle: What Caused A Spike In 2003?,
2011
Claremont McKenna College
The Great Indian Growth Puzzle: What Caused A Spike In 2003?, Aditya Bindal
CMC Senior Theses
This paper will employ unit root tests for finding structural breaks endogenously among India’s key macroeconomic aggregate series, as well as their components and subcomponents. The same analysis will be repeated, wherever data are available, for states. The results from these unit root tests will then be used in regression models for national and state level data to understand the causes behind structural breaks. We find that breakpoints cluster around 1982 and 2003 for most series at the national and state level. The services component appears to be a promising candidate for explaining the 2003 structural break in some of …
The High Costs Of Small Loans: Understanding Interest Rates In Microfinance,
2011
Claremont McKenna College
The High Costs Of Small Loans: Understanding Interest Rates In Microfinance, Benjamin W. Hudgens
CMC Senior Theses
Version:1.0 StartHTML:0000000183 EndHTML:0000003190 StartFragment:0000002393 EndFragment:0000003154 SourceURL:file://localhost/Users/benjaminhudgens/Desktop/Final%20Thesis.docx This thesis will use data from 2009 to examine two questions about the Microfinance industry. First, why do firms charge interest rates well beyond their cost of funds and second, are there important differences at the national level that can help us to understand the high interest rates in Microfinance? I find that interest rates are primarily a result of operating expenses, but profit-status has large effects in developed Microfinance markets. I also find that the Economist Intelligence Unit’s measures of regulatory environment and industrial development explain a large portion of the variation in …
Brain Drain Out Of Hungary And Its Inhibitors,
2011
SIT Graduate Institute
Brain Drain Out Of Hungary And Its Inhibitors, Eliza Plous
Capstone Collection
In many Central and Eastern European countries, a poor economic climate at home forces young people to make their careers in the West. Hungary is no exception. After spending time both studying and working in Hungary, the author chose to investigate the phenomenon known as “brain drain”: the large-scale emigration of young, educated individuals from Hungary as they seek higher salaries and more promising career prospects in neighboring Western European countries. This paper offers a comprehensive report on the economics of the brain drain problem, and on the opinions of young Hungarians who are currently seeking employment abroad; it also …
Three Sisters Exchange: Building Alliances And Promoting Justice From The United States To Ecuador,
2011
SIT Graduate Institute
Three Sisters Exchange: Building Alliances And Promoting Justice From The United States To Ecuador, Ariel Climer
Capstone Collection
This paper presents a proposal for a social justice and action-based study abroad program with foundations in the short-term reality tours of the education and human rights-based NGO, Global Exchange, a far-reaching non-profit with friendships built on solidarity against the spread of elite globalization. The program is called the Three Sisters Exchange to honor the sustainable design of indigenous crop planting prevalent around the world. The design comes at a time when international educators offer few programs with foci in social justice. The international education field needs more sustainable programs that take into account global systems. A propagation of such …
Public Policy, Human Instincts, And Economic Growth,
2011
University of Richmond
Public Policy, Human Instincts, And Economic Growth, Jonathan B. Wight
Economics Faculty Publications
Alfred Marshall famously insisted that economics is more like biology than physics. Societies are organic ecologies that evolve and produce organized but unplanned complexity (Hayek 1979). Although no public policy reliably produces economic growth across all ecosystems, a key element unites diverse institutions and policies that do seem to work: they all are reasonably compatible with human instinct. Institutions that build on the basic instinct for self-betterment (as in markets) have a much easier time in achieving success than institutions that oppose it (as in communism). Instincts, like gravity, are a force of nature. Adam Smith theorized, for example, …
Responding To Foreclosures In Cuyahoga County, 2010 Evaluation Report January 1, 2010 Through December 31, 2010,
2011
Cleveland State University
Responding To Foreclosures In Cuyahoga County, 2010 Evaluation Report January 1, 2010 Through December 31, 2010, Kathryn W. Hexter, Molly Schnoke
All Maxine Goodman Levin School of Urban Affairs Publications
No abstract provided.
Northwest Indiana Entrepreneurial Opportunity Survey Analysis,
2011
Cleveland State University
Northwest Indiana Entrepreneurial Opportunity Survey Analysis, Ziona Austrian, Merissa Piazza, Eli Auerbach, Sunjoo Park
All Maxine Goodman Levin School of Urban Affairs Publications
This survey report is associated with "Northwest Indiana Regional Analysis: Demographics, Economy, entrepreneurship and Innovation"
A Natural Resource Curse: Does It Exist Within The United States?,
2011
Claremont McKenna College
A Natural Resource Curse: Does It Exist Within The United States?, Bryce Gerard
CMC Senior Theses
In this paper, we examine data on U.S. GDP/Capita and natural resource share of GDP by state. We then run growth regressions and build on a previous model of dynamic equations to account for the spatial equilibrium that exists between U.S. states. Our results show that there exists evidence that overinvestment in oil and mining sectors has negative effects on state TFP growth, thus giving positive evidence for the existence of a natural resource curse between U.S. states.
