Economics Commons^™

Guanxi, Networks And Economic Development: The Impact Of Cultural Connections, Patricia Anne Weeks

USF Tampa Graduate Theses and Dissertations

The purpose of this study is to explore the mechanics of guanxi in an organizational setting, focusing on the use of interpersonal relationships within Chinese firms to discover how firms initiate, build and use guanxi networks. Two richly detailed case studies document changes that take place over time in two distinct networks with respect to key actors and their contacts. This research also investigates patterns of social structure that emerge over time in these two distinct cases looking at brokerage relationships, network density, and dyadic redundancy in three waves at six month intervals. The cases are dissimilar in all aspects …

The Dynamics Of Alcohol Consumption In The Russian Federation: Implications Of Using Price Related Policies To Control Alcohol Use, Arseniy Pavlovich Yashkin

USF Tampa Graduate Theses and Dissertations

This dissertation models the dynamics of alcohol use in the Russian Federation with an emphasis on identifying policy implications most likely to be effective at controlling alcohol use. Utilizing data from The Russian Longitudinal Monitoring Survey, models of alcohol consumption are estimated using both myopic and rational specifications via ordinary least squares, fixed effects two stage least squares and, the focus of this study, two-step system generalized method of moments. Alcohol consumption is studied both as a composite good and as a distinct beverage category (wine, beer, and hard liquor). Furthermore, equations stratified by gender and rural status are included …

The Effectiveness Of Public Development Banks: Designing Good Impact Evaluations, Alessandro Maffioli, Cesar M. Rodriguez

Economics Faculty Publications and Presentations

PDB programs have become a fundamental ingredient of productive development policy strategies in most emerging economies. Although the overall need for these interventions is rarely questioned, academics and policymakers often debate their effectiveness, as well as the optimal approaches and instruments necessary to implement them. Therefore, the need to produce rigorous evaluations of PDBs has become increasingly relevant for both government and civil society (see Chapter 2).

This chapter presents the main concepts and operational arguments regarding the execution of indepth impact evaluations of PDB initiatives and instruments. For a more practical approach, these arguments are presented with examples of …

Economic Development And Gender Equality: Is There A Gender Kuznets Curve?, Joshua Eastin, Aseem Prakash

Political Science Faculty Publications and Presentations

This research note examines the relationship between economic development and gender equality. Drawing on the concept of the Kuznets curve, the authors hypothesize that the relationship between economic development and gender inequality is curvilinear (S shaped), with three distinct stages. In the first stage, economic development improves gender equality because it enables greater female labor-force participation. An independent income stream increases women's intrahousehold bargaining power. The opportunity to develop human capital confers greater political and social recognition. In the second stage, labor-force stratification and gender discrimination encourage divergent male/female income trajectories, which decrease the opportunity costs of female labor-force withdrawal …

Access Versus Choice: Testing The “Food Desert” Construct In Champaign, Il, Rhiannon L. Jerch, Kathy Baylis, Sahan T.M. Dissanayake

Economics Faculty Publications and Presentations

How does one’s food environment affect food purchase decisions? Food access has received significant political and academic attention, particularly under the Obama administration. Existing literature on food access and “food deserts” mainly focuses on geographic distance or the retail of fresh fruits & vegetables versus fast food within a neighborhood to determine and identify inequitable access. In this paper I attempt to develop an endogenous measure of food access by asking how geographic placement of food retail affects food expenditure, particularly of fruits & vegetables. I use novel data on 886 households matched to food prices from a census of …

Bayesian Estimation Of Panel Data Fractional Response Models With Endogeneity: An Application To Standardized Test Rates, Lawrence Kessler

USF Tampa Graduate Theses and Dissertations

In this paper I propose Bayesian estimation of a nonlinear panel data model with a fractional dependent variable (bounded between 0 and 1). Specifically, I estimate a panel data fractional probit model which takes into account the bounded nature of the fractional response variable. I outline estimation under the assumption of strict exogeneity as well as when allowing for potential endogeneity. Furthermore, I illustrate how transitioning from the strictly exogenous case to the case of endogeneity only requires slight adjustments. For comparative purposes I also estimate linear specifications of these models and show how quantities of interest such as marginal …

Dynamic Processes In Network Goods: Modeling, Analysis And Applications, Arnut Paothong

USF Tampa Graduate Theses and Dissertations

The network externality function plays a very important role in the study of economic network industries. Moreover, the consumer group dynamic interactions coupled with network externality concept is going to play a dominant role in the network goods in the 21st century. The existing literature is stemmed on a choice of externality function with certain quantitative properties. The utility function coupled with the network externality function is used to investigate static properties of rational equilibrium. The aim of this work is to systematically initiate a development of quantitative effects of the concept of network externality and its influence on the …

A Decomposition Analysis Of Base Metal Prices: Comparing The Effect Of Detrending Methods On Trend Identification And Cyclical Components, Mahmoodreza Modirroosta

Dissertations, Master's Theses and Master's Reports - Open

This thesis analyzes the long-term trend behavior and cyclical components of real base metal prices. A decomposition approach is used to separate the real prices of base metals into a time trend and cyclical components. In this regard, linear and quadratic detrending methods along with Hodrick-Prescott and Baxter-King filters are applied to the base metal prices. Linear and quadratic trendlines are good estimates of the trend component and easy to interpret if the coefficients of estimated trends are significant and the coefficient of determination is relatively high. The Hodrick-Prescott and Baxter-King filters are good fits to the price series, but …

Vol. 12, Issue 1- Table Of Contents

Journal of Economics and Finance Education

No abstract provided.

Exotic Option Pricing: Analysis And Presentation Using Excel

Journal of Economics and Finance Education

Analysis and presentation of derivatives analysis presents challenges to educators. The nature of financial derivatives is complex and varied, requiring structured modeling techniques. As sophisticated as these techniques may be, ineffective communication of the pricing process can impair the application of the models to investment scenarios. This paper presents a possible framework for analyzing and presenting exotic option pricing, and demonstrates the use of the model through three example analyses: Asian options, down-and-out options, and down-and-in options (barrier options).

(Wp 2013-04) Securitization Of Credit Card Debt And Its Determinants, Farrokh Nourzad, Katherine Szczesniak, William Hunter

Economics Working Papers

No abstract provided.

Punishment First: A Study Of Juvenile Pretrial Detention, Richard V. Foster, David Tanenhaus, Heather Lynn Lusty

McNair Poster Presentations

How society and the legal system should respond to youth crime is a volatile issue. Much research exists on this topic broadly. A largely overlooked subset exists regarding the rights of juveniles in the United States who face pretrial confinement, specifically how juveniles accused of delinquency are treated by the courts. Delinquency or a delinquent act, in the context of this study, is “an act that would be considered a crime if committed by an adult.”7. Adults and children are processed by the courts differently, each with their own rights and court mandated procedures to follow. This report analyzes …

Friedman Book Oup, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes,

• Letter regarding the publishing agreement for the book Milton Friedman: Contributions to economics and public policy. McClune, L. (2013, August 16). Correspondence concerning publishing terms and agreements. Oxford University Press.

• Contributor’s agreement for the chapter “Friedman and Phelps on the natural rate (of unemployment)—and Marx and Goodwin on the reserve army of labour”. Oxford University Press, Shaikh, A., PhD., & Velupillai, V. (n.d.). Unsigned publisher-issued contributor agreement. Unpublished manuscript.

• Contributor discount order form. Oxford University Press. (n.d.). Publisher-issued order form associated with contributor benefits. Unpublished manuscript.

• Contributor’s agreement with Oxford …

Ral, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes,

• Shaikh, A., PhD. (ca. 2013). Wages and unemployment: Discussing Keynes, the Phillips curve, and a classical approach to the relation between wages and unemployment [Manuscript].

• Shaikh, A., PhD. (n.d.). Notes and diagrams on accumulation, growth, and the wage share curve, referencing Atkinson, Solow, and Flaschel [Handwritten notes].

• Shaikh, A., PhD. (n.d.). Spanish-language exercise sheet: La ratita presumida [Manuscript].

• Shaikh, A., PhD. (n.d.). Notes comparing Friedman’s natural rate of unemployment with Marx’s reserve army of labor (RAL) [Handwritten notes].

• Shaikh, A., PhD. (n.d.). Notes outlining a discussion of a contemporary economic crisis [Handwritten …

Financial Development And Health Capital Accumulation, Gunakar Bhatta

Wayne State University Dissertations

This dissertation examines the interrelationship between financial development and health capital accumulation. While credit to GDP ratio, liquid liabilities to GDP ratio and market capitalization to GDP ratio are used as the proxies for financial development, health capital is represented by life expectancy, infant mortality and low birth weight. A simple static model in the utility maximization framework shows that financial development increases the medical care through income effect thus augmenting the health status. This is also supported by econometric analysis. Using various econometric models such as pooled OLS, fixed effect and instrumental variable approach, the study shows that higher …

Interests And Ideas: Industrialization And The Making Of Early American Trade Policy, 1789 - 1860, John Austin Moore

Wayne State University Dissertations

Trade policy was a prominent economic and political issue in the United States between 1789 and 1860, culminating in the Civil War. Many historians have characterized this period as pitting mutually exclusive economic systems, an industrializing, free-labor North and a slave-based agricultural South, against one another. The traditional interpretation is that the North eagerly supported tariffs and economic protection that they provided, while the South stood in opposition. The Nullification Crisis of 1832-1833 is frequently cited as evidence that the tariff was a sectional issue and some historians go so far as to describe the tariff as a significant cause …

Combinatorial Auction-Based Virtual Machine Provisioning And Allocation In Clouds, Sharrukh Zaman

Wayne State University Dissertations

Current cloud providers use fixed-price based mechanisms to allocate Virtual Machine (VM) instances to their users. But economic theory states that when there are large amount of resources to be allocated to large number of users, auctions are the most efficient allocation mechanisms. Auctions achieve efficiency of allocation and also maximize the providers' revenue, which a fixed-price based mechanism is unable to do. We argue that combinatorial auctions are best suited for the problem of VM provisioning and allocation in clouds, since they provide the users with the most flexible way to express their requirements. In combinatorial auctions, users bid …

Insurance Choice And The Demand For Prescription Drugs Among Individuals With Chronic Conditions, Chunyang Feng

Wayne State University Dissertations

This study explores insurance choice of the chronically ill non-elderly adults and their utilization and expenditures on prescription drugs. Discrete factor model is used to estimate an individual's probability of any drug use and the conditional level of utilization and associated out-of-pocket expenditures. Analyses on four subpopulation groups, i.e. hypertension, diabetes, asthma and depression, provide detailed insights into individuals' health insurance decision making and subsequent prescription drug filling behavior, given their health insurance status. The results indicate that only a few health risk factors are statistically significant in determining an individual's health insurance status, and that the direction of the …

Essays On The Effects Of Oil Price Shocks On The U.S. Stock Returns, Zeina Nashaat Alsalman

Wayne State University Dissertations

This research investigates the effect of changes in oil prices and oil price volatility on the U.S. stock returns. The first essay tests whether the sign and the size of oil price shocks matter for the U.S. stock returns. The results suggest a linear model provides a good approximation to the response of real stock returns to real oil price innovations. However, this is not the case when the model is specified in terms of the nominal price of crude oil.Using a modified structural VAR to accommodate GARCH-in-Mean errors, the second essay studies the direct effects of oil price uncertainty …

Eastern Migrations Vs Western Welfare States - (Un)Biased Fears, Kosta Josifidis, John B. Hall, Valérie Berenger

Economics Faculty Publications and Presentations

This inquiry considers some effects of migration on the labour markets and the welfare systems found in the EU-15, and from the perspectives of sustainability of the current welfare state regimes. Our inquiry aims to determine whether and to what extent different approaches in regulation of migration flows between the new and old member states are compatible with related economic and demographic findings. Within this context, our research considers regulations affecting migration flows. Our findings suggest that some effects of migration from the EU8+2 on the labour markets and social protection systems found in the EU-15, both with respect to …