Growth and Development Commons^™

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 …

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 Welfare Cost Of Inflation In Oecd Countries, P. Boel, Gabriele Camera

Economics Faculty Articles and Research

The welfare cost of anticipated inflation is quantified in a matching model of money calibrated to twenty-three different OECD countries for several sample periods. In most economies, given the common period 1978-1998, a representative agent would give up only a fraction of 1% of consumption to avoid 10% inflation. The welfare cost of inflation varies across countries, from a fraction of 0.1% in Japan, to more than 2% in Australia, reaching 6% with bargaining. The model fits poorly money demand data of several countries, however. The fit generally improves with longer sample periods. The results are fairly robust to variations …

Ethnic Minorities And Food Security In Northern Thailand, Monalisa Diamond

Capstone Collection

The issue of food security is complex. By analyzing the relationship between international, national and local society, one can better contextualize food security issues. Using an embedded research design (with a qualitative leaning) supported by quantitative data, research is conducted via surveys, interviews and focus groups. This research design was chosen to offset limited sample sizes with quantitative data to strengthen findings. Research findings were cross analyzed to identify three emergent themes. The three cross-cutting themes identified and analyzed are: Thai citizenship, employment and chemical pesticide use (chemical pesticide use did not arise among Burmese refugees and is only applicable …

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 …

Beyond The American Dream : Tales Of Hispanic Mutimillionaires Who Rose Above Poverty After Immigrating To The United States, Ricardo Norton

Dissertations

Problem. A review of the literature on Hispanics reveals the absence of academic studies on the conditions and life experiences that helped poor Hispanic immigrants become multimillionaires after arriving to the U.S. at 18 years of age and older and without conversational English. Most Hispanic immigrants live in poverty right after arriving to the U.S. and only a few become multimillionaires. A study on how they rose above poverty has the potential to uncovering useful information for other poor immigrants who are still looking who seek financial success. Such study will also add to the larger body of literature information …

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 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 …

A Philosophical Framework For Conditional Cash Transfers, Jaron Abelsohn

CMC Senior Theses

Despite some recent economic progress, there is still widespread poverty and severe inequality in developing countries. According to the World Bank there are over 925 million hungry or undernourished people worldwide. More than 80 percent of people in the world live in countries whose income inequality is rising. Over 2.1 billion people globally live on less than two dollars a day, with over 880 million people facing absolute poverty and living on less than one dollar a day. Three out of four people living on less than $1 a day live in rural areas. These impacts have been magnified by …

Micmac Farms: From Community Garden To Four-Season Farm And Retail Outlet, Jane Caulfield

Maine Policy Review

This short case study describes how Maine’s Micmac tribe is developing “Micmac Farms” from a community garden to a four-season agricultural business.

International Comparisons Of Bank Regulation, Liberalization, And Banking Crises, Puspa Amri, Apanard P. Angkinand, Clas Wihlborg

Business Faculty Articles and Research

Purpose: The recurrence of banking crises throughout the 1980s and 1990s, and in the more recent 2008-09 global financial crisis, has led to an expanding empirical literature on crisis explanation and prediction. This paper provides an analytical review of proxies for and important determinants of banking crises − credit growth, financial liberalization, bank regulation and supervision.

Design/Methodology/Approach: The study surveys the banking crisis literature by comparing proxies for and measures of banking crises and policy-related variables in the literature. Advantages and disadvantages of different proxies are discussed.

Findings: Disagreements about determinants of banking crises are in part …

Economic Transition, Higher Education And Worker Productivity In China, Belton Fleisher, Yifan Yu, Haizheng Li, Seonghoon Kim

Research Collection School Of Economics

We investigate the role of education on worker productivity and firms' total factor productivity using a panel of firm-level data from China. We estimate the returns to education by calculating the marginal productivity of workers of different education levels based on estimates of the firm-level production function. We also estimate how the education level of workers and CEO contributes to firms' total factor productivity. Estimated marginal products are much higher than wages, and the gap is larger for highly educated workers. Our estimate shows that an additional year of schooling raises marginal product by 30.1%, and that CEO's education increases …

Book Review: "Buying Respectability: Philanthropy And Urban Society In Transnational Perspective, 1840s To 1930s", Stuart Mendel

All Maxine Goodman Levin School of Urban Affairs Publications

Book Review: "Buying Respectability: Philanthropy and Urban Society in Transnational Perspective, 1840s to 1930s, by Thomas Adam 2009"

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"

Roles Of Government, Nonprofit Sector, Business And Family And Their Interaction In Democracy, Stuart Mendel

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.

Women’S Decision Making: A Contextual Assessment, Safdar Khan

Safdar Khan

No abstract provided.

Investing In Kids: Early Childhood Programs And Local Economic Development, Timothy Bartik

Timothy J. Bartik

Early childhood programs, if designed correctly, pay big economic dividends down the road because they increase the skills of their participants. And since many of those participants will remain in the same state or local area as adults, the local economy benefits: more persons with better skills attract business, which provides more and better jobs for the local economy. Bartik measures ratios of local economic development benefits to costs for both early childhood education and business incentives. He shows that early childhood programs and the best-designed business incentives can provide local benefits that significantly exceed costs. Given this, states and …

Bayesian Model Averaging In R, Shahram Amini, Christopher Parmeter

Christopher F. Parmeter

Bayesian model averaging has increasingly witnessed applications across an array of empirical contexts. However, the dearth of available statistical software which allows one to engage in a model averaging exercise is limited. It is common for consumers of these methods to develop their own code, which has obvious appeal. However, canned statistical software can ameliorate one’s own analysis if they are not intimately familiar with the nuances of computer coding. Moreover, many researchers would prefer user ready software to mitigate the inevitable time costs that arise when hard coding an econometric estimator. To that end, this paper describes the relative …

Economies Of Scope Of Lending And Mobilizing Deposits In Microfinance Institutions: A Semiparametric Analysis, Valentina Hartarska, Christopher Parmeter, Denis Nadolynak

Christopher F. Parmeter

No abstract provided.

Outsourcing, Delocalization And Firm Organization, Massimiliano Mazzanti

Massimiliano Mazzanti

No abstract provided.