Other Economics Commons^™

Religion, Culture, And Politics, Jared Rubin

ESI Working Papers

This chapter presents a conceptual framework for understanding the interaction of religion, ideology, and politics. The framework’s key insights are: i) culture and ideology provide a shared mental framework for interpreting the world; ii) ideology is malleable, and it can be used to justify a wide set of empirical realities in a manner that is consistent with the prevailing mental framework; iii) religion is particularly adept at shaping this mental framework because it attempts to explain the unknown; iv) because co-religionists share a mental framework that depends on a (religious) interpretation of events, religions are particularly likely to be co-opted …

How Influential Are Digital Technologies On Good Governance And Quality Institutions In Asean?, Ismail Aremu Muhammed, Ahmed Masood Khalid, Gamini Premaratne

Bulletin of Monetary Economics and Banking

How do Digital Technologies (DT) affect the quality of governance and institutions in ASEAN? We address this question through employing a panel data technique on 10 ASEAN countries over the period between 1996 and 2022. The findings reveal that DT are influential in the quality of governance and institutions in these countries. Specifically, fixed broadband subscriptions, individuals using the internet, and mobile cellular subscriptions are vital in promoting good governance and quality institutions in ASEAN. Moreover, government effectiveness and rule of law responded and improved more significantly with the development of DT. It was concluded that effective government policy and …

Climate Change Demands Free Markets, Glen Lyons

Journal of New Finance

William Nordhaus won a Nobel Prize for work on the economics of climate change. He advocated for the government policy of carbon pricing arguing that climate is a public good, free riders undermine action, there are unpriced negative externalities, and individuals can’t slow climate change. Nordhaus assumes that climate science is certain enough to design effective policy. This paper challenges that thinking and shows that individuals can and ARE slowing climate change. I will also review the risks of government policy, highlight the uncertainty in present day climate science, and conclude by showing that free markets are the best “policy”.

From Home To Abroad: The Intergenerational Impact Of Household Member Migration On Women’S Economic & Social Empowerment In Egypt, Menna Elgohary

Theses and Dissertations

This thesis investigates to what extent the migration of a household member to an Arab country leads to increased social and economic empowerment among Egyptian women of two age categories (15-35 and +35) over two waves. Determined through Principle Component Analysis (PCA) of panel data from Egypt Labor Market Panel Surveys in 2018 and 2023, composite indices of social and economic empowerment serve as dependent variables in an IV 2SLS regression model. The model assesses whether household member migration, proxied by migration prevalence on the district (qism) level as an IV, causes a significant increase in social and economic empowerment …

Ecological Influences On Informal Property Rights: Experimental Evidence, Erik O. Kimbrough

Economics Faculty Articles and Research

This paper explores the possibility that informal property right systems evolve unique features as a function of the characteristics of the resources over which they are established. We develop an experimental environment that allows us to test this hypothesis by comparing the emergence of property in (virtual) land when resource yields are either high- or low-variance and renewable or non-renewable. Previous research suggests that high-variance resources may lead to relatively insecure claims to property. Intuition suggests that this may be amplified when those resources are renewable. The experiments confirm that informal property rights adapt to resource characteristics in a manner …

Beauty Comes With A Price: But How Much Is It Worth It, Fabliha Afia

Dissertations, Theses, and Capstone Projects

The global skincare market, valued at 104.24 billion dollars in the year 2022, is very heterogeneous, ranging from prestige brands to more drugstore types. Even when the same key ingredients are present, the latter often sells for much higher due to branding and packaging and the aura of prestige created. This capstone project entitled "Beauty comes with a price: but how much is it worth?" investigates if such higher costs are justified due to superior quality or are driven by non-functional factors. It systematically compared the high-end versus drugstore skincare products in categories like sunscreens, serums, and exfoliants with respect …

Does Halal Industry Impact Economic Growth? An Empirical Evidence From Muslim Countries In Asia, Mohamad Soleh Nurzaman

International Journal of Islamic Economics and Business Sustainability

Purpose - This study examines the impact of the halal industry on economic growth in Muslim-majority countries, particularly in Asia, home to most of the global Muslim population.

Design/methodology/approach - Using a quantitative approach, this study applies panel data regression based on neoclassical growth theory. It analyses data from 2015 to 2022, using the Global Islamic Economy Indicator to measure the halal industry’s development. Economic growth is represented by constant GDP per capita, with foreign direct investment, inflation, and population growth as control variables.

Findings - The results show that the halal food sector has a significant positive effect on …

Happiness And Giving Behavior: Empirical Evidence From Indonesia, Rahmatina Awaliah Kasri

International Journal of Islamic Economics and Business Sustainability

Purpose - This study aims to analyze the impact of happiness and other factors such as attitude, perceived behavioral control, subjective norms, religious beliefs, and past behavior on the intention to donate money through a social or religious institution. This study is expected to contribute to understanding the psychological and sociocultural factors that drive donation intentions, particularly in social and religious contexts.

Design/methodology/approach - Primary data was collected through online questionnaire and analyzed using Structural Equation Modelling (SEM). This research successfully collects data from 156 respondents who live in Greater Jakarta (Jabodetabek) area of Indonesia.

Findings - The analysis suggested …

Exploring The Potential Benefits Of Tamanu For The Green Waqf Project: Economic, Social, And Environmental Perspectives, Rahmawati Apriliani

International Journal of Islamic Economics and Business Sustainability

Purpose - This study aims to explore the potential benefits of Tamanu or Nyamplung (Calophyllum Inophyllum) plant from economic, social, and environmental perspectives, particularly within the framework of Islamic economics. By examining its potential applications in halal industries, Green Waqf, and sustainable economic development, this research highlights how Tamanu cultivation aligns with Shariah principles, promotes ethical business practices, and supports social welfare through equitable resource distribution.

Design/methodology/approach - This study conducted a systematic literature review of peer-reviewed articles in the past decade (2013-2023). From several screening criteria, 48 articles indexed in Scopus were included for analysis.

Findings - Tamanu plant …

Influence Of Destination Image, Travel Motivation, Religiosity, And Worship Facilities On Public Interest In Visiting Muslim-Friendly Tourist Destinations In Indonesia, Ronald Rulindo

International Journal of Islamic Economics and Business Sustainability

Purpose - This study explores the factors influencing public interest in visiting Muslim-friendly tourist destinations in Indonesia, focusing on destination image, travel motivation, religiosity, and worship facilities. By examining these factors, this study aims to contribute to the understanding of how cognitive and affective perceptions, religious considerations, and infrastructure impact travel decisions. The findings are expected to provide valuable insights for tourism stakeholders to enhance the competitiveness of Indonesia’s halal tourism industry

Design/methodology/approach - Using primary data, this research applies Structural Equation Modelling (SEM) to analyze responses from 182 participants collected through convenience sampling.

Findings - Results indicate that the …

When The Rich Do (Not) Trust The (Newly) Rich: Experimental Evidence On The Effects Of Positive Random Shocks In The Trust Game, Hernán Bejarano, Joris Gillet, Ismael Rodriguez-Lara

ESI Publications

We study behavior in a trust game where first-movers initially have a higher endowment than second-movers but the occurrence of a positive random shock can eliminate this inequality by increasing the endowment of the second-mover before the decision of the first-mover. We find that second-movers return less (i.e., they are less trustworthy) when they have a lower endowment than first-movers, compared with the case in which first and second-movers have the same endowment. In addition, second-movers who experience the positive shock return more than second-movers who have the same endowment as the first-mover from the outset. First-movers do not seem …

Driving Sustainability: Tax Policy, Esg, And Electric Vehicle Incentives, Raquel Alexander, James G. Lawson, Curtis M. Nicholls, Vernan Rivera

Working Papers

No abstract provided.

The International Transracial Adoption Effect: Measuring The Well-Being Of Korean Adoptees Vs. Non-Adopted Korean Americans, Grace H. Jones

Honors Theses

In this study, I examine the differences in well-being and long-term outcomes between adopted and non-adopted Korean Americans. The vast majority of adopted Korean Americans are placed with white, heterosexual couples, positioning them in a unique position in American society. While they are raised in white families and often disconnected from Korean culture, they are still perceived and treated as Asian by society. Scholars refer to this tension as the transracial adoptee paradox. This study explores how that paradox affects both economic and non-economic outcomes. The analysis finds that adopted Koreans tend to earn higher incomes than their non-adopted peers, …

Reporting And Underreporting Of Sex Harassment In United States Public Schools: A Mixed Methods Analysis, Erica S. Matthisen

Scripps Senior Theses

Using mixed methods, I assess the factors that contribute to the underreporting of sex harassment in elementary and secondary educational environments. I first use regional Title IX data to assess the impacts of Title IX resource access on several indicator variables, finding a positive impact on allegations and discipline cases when a harassment/bullying policy was made available online. Next, I seek to identify other factors that contribute to reporting or underreporting. To that end, I conduct organizational analysis and informational interviews. From the organizational analysis, I identify factors that contribute to the normalization and underreporting of sex harassment and strategies …

Evaluating Visitor Valuation Of Urban Green Spaces By Modality, Vicky J. Gao, Adam Fulton, Ross Andrew

SPARK Symposium Presentations

Abstract: Urban green spaces play a critical role in enhancing the well-being of city residents by providing recreational opportunities, environmental benefits, and a social setting. While still in its early stages—focused on analyzing findings from a pilot survey—this study aims to investigate how visitors value urban green spaces through surveys conducted in Warner Parks in Nashville, with plans to expand to other significant urban green spaces in neighboring states.

For the purposes of SPARK, this study presents the findings of the pilot survey. The survey collected data on variables such as primary park activity, distance travelled to local parks, perceived …

The Legacy Of Housing Discrimination: Asthma Disparities In California Cities, Taylor Daetz

CMC Senior Theses

This thesis examines the effect of discriminatory housing policy on current asthma rates in California cities. This study uses boundary design and propensity score methodologies to analyze asthma-related emergency department visits in census tracts with corresponding appraisal grades from the Home Owners’ Loan Corporation maps. The results indicate significantly higher asthma burdens in grade D (redlined) census tracts compared to grade C tracts, even when controlling for present-day pollution concentrations, with historically redlined tracts experiencing an average of 26.88 additional emergency department visits per 10,000 residents. The analysis further reveals disparities between grade C and B neighborhoods, suggesting that even …

High ‘Steaks’: Does Lone Star Tick-Induced Red Meat Allergy Reduce Cardiovascular Disease-Related Hospitalizations?, Raj Parekh

CMC Senior Theses

In this thesis, I investigate the relationships between Lone Star Tick-induced Alpha-Gal Syndrome (AGS), red meat consumption, and cardiovascular health outcomes within New York State's 62 counties from 2012 to 2021. The analysis examines whether AGS, which forces individuals to reduce red meat consumption, serves as a natural experiment in understanding dietary impacts on cardiovascular disease (CVD). Leveraging panel data, I utilize Fixed Effects (FE) and Two-Stage Least Squares (2SLS) regression frameworks to disentangle the relationships between red meat expenditure, meat prices, Lone Star Tick prevalence, and health outcomes such as CVD, stroke, coronary heart disease, and heart attack hospitalization …

Book Of Abstracts Of The Wmu International Conference 2025 : Advancing The Blue Economy Through Gender Equality, World Maritime University, Momoko Kitada, Francis Neat, Renis Auma Ojwala

Conference Papers

The 2025 World Maritime Theme by the International Maritime Organization, “Our Ocean, Our Obligation and Our Responsibility,” underscores the global need for an inclusive and sustainable approach to ocean health and maritime economic activity. In alignment with this, the World Maritime University organized the 2025 International Conference on Achieving the Blue Economy Through Gender Equality, highlighting the critical role of gender equality in advancing a sustainable blue economy. A call for case studies yielded 102 abstracts from 206 authors across 46 countries, representing diverse maritime sectors such as shipping, fisheries, and ocean sciences. The abstracts were reviewed by both internal …

Three Essays On The Impacts Of Pollution, Isaiah Chapman Bryant Sheth

Theses and Dissertations--Economics

My dissertation is broadly focused on using data to quantify the consequences of pol- lution and is organized into three chapters. Chapter one estimates the effect on infant health of drinking water contamination attributable to tropical cyclones. Chapter two examines the heterogeneous effects of a policy aimed at reducing air pollution based on pre-existing air quality conditions. Lastly, chapter three investigates how regula- tions aimed at shaping housing development to minimize climate risk impacted the housing market in Houston Texas. Each of these chapters considers different con- sequences of pollution, from direct health costs of pollution exposure to secondary effects …

The Ascendance Of Influencers: Saints Of Capitalism In The Digital Age, Riley R. Hourihan

Master of Liberal Studies Theses

This thesis examines the rise of social media influencers as modern-day saints within the cultural and economic framework of late capitalism. Drawing on interdisciplinary scholarship from religious studies, media theory, and cultural criticism, it argues that influencer culture does not replace religion but retools its structures—ritual, authority, devotion, and community—for the digital age. Through detailed case studies ranging from Hailey Bieber and Taylor Swift to Ballerina Farm and MrBeast, the paper explores how influencers shape identity, mediate ethics, and mobilize affect through algorithmic rituals and parasocial relationships. Influencers perform a form of digital sanctity that parallels traditional hagiography, guiding followers …