Economics Commons^™

Union, John C. Lyden

Journal of Religion & Film

This is a film review of Union (2024), directed by Stephen Maing and Brett Story.

Agent Of Happiness, John C. Lyden

Journal of Religion & Film

This is a film review of Agent of Happiness (2024), directed by Arun Bhattarai and Dorottya Zurbó.

Forecast Of China’S Economic Growth Rate In 2024 And Policy Suggestions, Xikang Chen, Cuihong Yang, Kunfu Zhu, Huijuan Wang, Xinru Li, Yu Zhao

Bulletin of Chinese Academy of Sciences (Chinese Version)

In 2023, China’s economy maintained a recovery trend after the epidemic. However, the economic recovery showed the characteristics of wave-like development, and it is expected that China’s economy will grow steadily and rapidly in 2024. This study introduces a comprehensive approach to forecasting annual GDP growth, integrating input-output models, econometric models, prosperity analysis, expert insights, and scenario analysis. Reviewing China’s economic performance in 2023 and the prevailing global and domestic conditions, it is projected that China’s GDP growth rate will be around 5.3% in 2024. Based on this analysis, several policy recommendations are suggested, namely, intensifying macro-control policies for both …

Operational Situation And Outlook Of China’S Urban Economy (2023–2024), Guoli Gao, Kun Zhao, Jiawei Bao, Xiaoming Zhang, Qinxian Xu, Cuifang Kong, Nvying Wang, Wei Bai, Biye Ni, Shu Du, Ying Yang, Kai Wang

Bulletin of Chinese Academy of Sciences (Chinese Version)

This study takes 297 cities at prefecture level or above in China (including 4 municipalities directly under the central government, 15 sub provincial cities, and 278 prefecture level cities) as the analysis objects, analyzes and reviews the overall situation, highlights, hotspots, and prominent problems of their economic operation in 2023, and looks forward to the economic development trend of cities in 2024. In general, since 2023, China’s urban economy has rebounded and improved, with frequent highlights and hotspots in various fields. Nevertheless, issues such as a significant decline in exports, frequent real estate risks, increased local debt risks, and insufficient …

Regional Commercial Bank Lending To Small Businesses In The Wake Of The Great Recession, Boris D. Higgins

Hunt Institute Working Paper Series

The purpose of this paper is to document and explain the state by state variation in commercial bank lending to small businesses during the Great Recession. To accomplish this purpose will require several steps. These steps include showing the evidence of the variation in lending across states, the theoretical causes and the empirical findings of a capital supply gap based on market imperfections and employing OLS estimation method on carefully selected economic variables. The empirical results indicate that economic conditions, borrower characteristics and lender characteristics influence lending variation where these results can help in policy formulation.

Assessing The Impact Of Informal Sector Employment On Young Less-Educated Workers, Javier Cano-Urbina, John Gibson

Hunt Institute Working Paper Series

In this paper, we develop a search and matching model that allows for two important channels through which participation in the informal sector may benefit young less- educated workers: (i) human capital accumulation, and (ii) employer screening. We calibrate our model using the ENOE, a Mexican household survey on income and labor dynamics. Using our calibrated model, we shed light on many unobservable characteristics of the Mexican labor market for young less-educated workers, most notably the di↵ering hiring standards for informal and formal jobs. Specifically, hiring standards for these workers are found to be substantially higher for formal versus informal …

Is Inflation Caused By Conflict?, Nicolas Cachanosky, Emilio Ocampo

Hunt Institute Working Paper Series

We offer a critique of a paper recently published Lorenzoni and Werning (2023) that seeks to make an original contribution to the hypothesis that inflation is primarily caused by conflict and reconcile the Post-Keynesian and New-Keynesian traditions. L&W’s paper has two sections. In the first they develop a barter model that allows them to prove that inflation can occur with conflict and without money. In the second section they incorporate the conflict hypothesis into a broader framework compatible with New Keynesian models. We question the logical consistency and empirical validity of the barter model and the testability of the model …

Productivity Within Groups: An Analysis Of Shirking In High School Cross Country Competitions, Nathan J. Ashby

Hunt Institute Working Paper Series

Using enrollment based classification realignments for high school cross country running competitions in the state of Texas, we analyze the impact of changes in the intensity of competition on individual and team performance. The analysis demonstrates significant improvement in the performance of teams promoted to more competitive classifications in the boys’ division but does not yield similar results in the girls’ division. We also analyze the impact on runners according to their rankings within teams and find improvements to be greater for runners ranking lower relative to team leaders driven by heterogeneity in motivation based on ability or the sequential …

Review Of: Tourism Development, Governance And Sustainability In The Bahamas, Julian Philipp, Julia Schiemann, Hannah Zehren

International Journal of Islands Research

Book Review of: Rolle, S., Minnis, J. and Bethell-Bennett, I. (Eds.) (2020) Tourism Development, Governance and Sustainability in The Bahamas, Abingdon, Routledge

Legal, Policy, And Environmental Scholars Discuss Global Food Systems At Indiana Law Symposium, James Owsley Boyd

Keep Up With the Latest News from the Law School (blog)

The Indiana University Maurer School of Law and its Indiana Journal of Global Legal Studies are hosting scholars from around the country Friday and Saturday (Jan. 19-20) for an interdisciplinary discussion on one of the world’s most prevalent problems—food insecurity.

Data from the World Bank estimate more than 780 million people around the world suffered from chronic hunger in 2022. As climate change affects agricultural production and water accessibility, the problem could worsen in coming years.

“A Fragile Framework: How Global Food Systems Intersect with the International Legal Order, the Environment, and the World’s Populations” will bring together legal, policy, …

Pengaruh Talent Management Dan Servant Leadership Terhadap Kinerja Asn Kantor Pusat Bpk Ri, Nurwinten Panggabean

Jurnal Administrasi Bisnis Terapan (JABT)

This study aims to determine and analyze the influence of talent management and servant leadership on ASN performance both partially and collectively. The research method used is descriptive and verification. The research was conducted at 95 ASNs at the BPK RI Head Office. Sampling was carried out using simple random sampling technique. The data analysis technique used is multiple regression analysis. The findings of this study are that partially or jointly talent management and servant leadership affect ASN performance. Furthermore, a determinant value is obtained worth 0.956, this gives the meaning that talent management and servant leadership are able to …

A Unified Approach To Second And Third Degree Price Discrimination, Dirk Bergemann, Tibor Heumann, Michael C. Wang

Cowles Foundation Discussion Papers

We analyze the welfare impact of a monopolist able to segment a multiproduct market and offer differentiated price menus within each segment. We characterize a family of extremal distributions such that all achievable welfare outcomes can be reached by selecting segments from within these distributions. This family of distributions arises as the solution to the consumer maximizing distribution of values for multigood markets. With these results, we analyze the effect of segmentation on consumer surplus and prices in both interior and extremal markets, including conditions under which there exists a segmentation benefiting all consumers. Finally, we present an efficient algorithm …

Concentrated Liquidity In Uniswap V3: A New Strategy To Optimize The Capital Bear Market, Francesco Spinoglio

Journal of New Finance

This article aims to offer a new vision on concentrated liquidity in Uniswap V3 and how we can effectively optimize liquidity thanks to the new tools provided by the DeFi ecosystem. Since the concept of concentrated liquidity first appeared in 2021 with Uniswap V3, new tools have been emerging to improve the security of smart contracts and offer better incentives to liquidity providers. This paper aims to propose a liquidity strategy concentrated in DeFi in order to draw additional liquidity in times of quantitative tightening and high interest rates, while trying to optimize the choice of the range to mitigate …

Effects Of Child Care Vouchers On Price, Quantity, And Provider Turnover In Private Care Markets, Won Fy Lee, Aaron Sojourner, Elizabeth E. Davis, Jonathan Borowsky

Upjohn Institute Working Papers

Harnessing changes in funding for a voucher program that subsidizes consumers’ use of child care services at private providers, this study quantifies effects on local markets’ service capacity and prices. We also estimate how increased funding effects provider entry rate, exit rate, and highly rated provider market share. The evidence shows that an additional $100 in private voucher funding per local young child would 1) raise the number of private-provider slots by 0.026per local young child, 2) raise average prices by $0.56 per week, mainly driven by a price increase among incumbent providers, and 3) induce new provider entry to …

Effects Of Subsidies On The Child Care Market: Large Increases In Capacity, Small Increases In Price, Won Fy Lee, Aaron Sojourner, Elizabeth E. Davis, Jonathan Borowsky

Upjohn Institute Policy and Research Briefs

No abstract provided.

How Personalized Networks Can Limit Free Riding: A Multi-Group Version Of The Public Goods Game, Aaron S. Berman, Laurence R. Iannaccone, Mouli Modak

ESI Working Papers

People belong to many different groups, and few belong to the same network of groups. Moreover, people routinely reduce their involvement in dysfunctional groups while increasing involvement in those they find more attractive. The net effect can be an increase in overall cooperation and the partial isolation of free-riders, even if free-riders are never punished, excluded, or recognized. We formalize and test this conjecture with an agent-based social simulation and a multi-good extension of the standard repeated public goods game. Our initial results from three treatments suggest that the multi-group setting indeed raises overall cooperation and dampens the impact of …

Climate Change And Tourism In The Seychelles: Perceptions And Measures, Tatjana Thimm

International Journal of Islands Research

The aim of this paper is to find out in how accommodation providers in the Seychelles perceive climate change and what mitigation and adaptation measures they can provide. In order to answer these questions, a qualitative mixed-method-approach, comprised of twenty semi-structured interviews, an online-survey and participant observation was used. Results show that accommodation providers especially perceive the effects of climate change that directly affect their business and that they have already partly implemented some mitigation and adaptation measures. However, strategies and regulations are needed at the Seychelles’ government level and on a global level to actually achieve CO2 neutral travel.

Habilidades Cognitivas, Calidad De La Educación Y Crecimiento Económico En Los Departamentos De Colombia: Un Marco De Variables Instrumentales, Sergio Jiménez-Ramírez, Silvia Reyes-Camargo

Equidad y Desarrollo

Este trabajo estudia los efectos heterogéneos de las habilidades cognitivas sobre el crecimiento del PIB per cápita de los 33 departamentos colombianos entre el 2000 y el 2021. Ante la posible endogeneidad de las habilidades cognitivas se emplean métodos de estimación con variables instrumentales para las diferentes especificaciones del modelo. Los resultados sugieren que las habilidades cognitivas tienen un notable efecto positivo sobre el crecimiento del PIB per cápita departamental, y este efecto fue mayor en la primera mitad del periodo analizado que en la segunda; mayor proporción de puntajes destacados en la prueba tiene efectos positivos sobre la tasa …

Are Too Many Or Too Few Babies Being Born?, Wesley Peterson

Cornhusker Economics

An additional 1.8 billion people will be added to the world’s population by 2050. At the same time, average incomes are likely to rise. Data from the Groningen Growth and Development Center suggest that average real (inflation-adjusted) GDP per capita increased by a factor of fifteen between 1820 and 2018 and World Bank data indicate that real per capita GDP more than tripled over the past 62 years. It is likely that these trends will continue and there will be more people with higher average incomes in the future straining global food systems and natural resources. Slower population growth rates …

Daca, Mobility Investments, And Economic Outcomes Of Immigrants And Natives, Jimena Villanueva Kiser, Riley Wilson

Upjohn Institute Working Papers

Exploiting variation created by Deferred Action for Childhood Arrivals (DACA), we document the effects of immigrant legalization on immigrant mobility investments and economic outcomes. We provide new evidence that DACA increased both geographic and job mobility of young immigrants, often leading them to high-paying labor markets and licensed occupations. We then examine whether these gains to immigrants spill over and affect labor market outcomes of U.S.-born workers. Exploiting immigrant enclaves and source-country flows of DACA-eligible immigrants to isolate plausibly exogenous variation in the concentration of DACA recipients, we show that in labor markets where more of the working-age population can …