Economics Commons^™

The Role Of Gender In Intergenerational Transmissions Of Education And Occupational Promotion, Si Wang

Theses and Dissertations

While several studies have suggested the importance of maternal schooling to children's outcomes during childhood, less is known about the role when the child is older. In the first chapter, I estimate the relationship between maternal education and children's college attendance. After developing a theoretical model to consider the transmission of education across generations, I use the NLSY79 Child and Young Adult Surveys for empirical analysis. College proximity is used as an instrument for mother's schooling. All else equal, results suggest that maternal schooling significantly increases a child's probability of attending college by about 2 to 3 percentage points. The …

Part 1: It Could Have Been (Much) Worse, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Sequestration, it turns out, did not damage our regional economy nearly as much as originally anticipated. Unfortunately, some daunting economic challenges still loom on the horizon.

Part 4: Where Our City And County Governments Spend Their Money, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

City and county governments in our region focus their spending on education and public safety. However, the specific choices they make sometimes can be surprising. Governmental units now face politically difficult decisions, such as closing under-enrolled schools.

Inet Grant, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (2011). Book on Turbulent Dynamics in Advanced Economies (Unpublished manuscript) (pp. 2, 4). Institute for New Economic Thinking (p. 2).
• Institute for New Economic Thinking. (2011, September 8). Grant award letter to Ms. Janine Cibellis, New School University (RE: INO11-00056) (Manuscript) (p. 2). New School University Archives (p. 2).
• Shaikh, A., & Pressey, N. (2011, July 26). Institute for New Economic Thinking grant terms and conditions agreement (Grant ID #3232) (Manuscript) (pp. 4, 6). New School University Archives (p. 4).
• Cibellis, J. (2011, July 12). Domestic wire transfer payment instructions for the New School (Grant …

Faith, Science And Religion, Vernon L. Smith

ESI Publications

No abstract provided.

Measuring Technical Efficiency Of The Japanese Professional Football (Soccer) League (J1 And J2), Dan Zhao

USF Tampa Graduate Theses and Dissertations

This is the first paper to measure the efficiency of the Japan Professional Football League clubs both the first and the second divisions. In Chapter 1, a non-parametric method Data Envelopment Development (DEA) is used and the data covers six seasons from 2005 to 2010. The input variables are payroll, cost besides payroll, and total assets. The output variables are attendance, revenue, and points awarded. I use different output combinations in order to check the sensitivity of the efficiency of the clubs after the original composition. This is also the first research to include more than one division of the …

Asymmetric Price Adjustments In Airlines, Diego Escobari

School of Economics and Finance Faculty Publications

This paper uses a unique daily time series data set to investigate the asymmetric response of airline prices to capacity costs driven by demand fluctuations. We use a Markov regime-switching model with time-varying transition probabilities to capture the time variation in the response. The results show strong evidence of asymmetric price adjustments: positive cost shifts have a large positive effect, whereas negative cost shifts have no effect. The asymmetry is also explained by summer travel but not by the size of cost shifts. The findings show the importance of consumer heterogeneity and capacity constraints as a source of asymmetric responses. …

Coastal Empire Economic Monitor, 3rd Quarter, 2013, Armstrong Atlantic State University Center For Regional Analysis

Coastal Empire Economic Monitor

The Coastal Empire Economic Indicators are designed to provide continuously updating quarterly snapshots of the Savannah Metropolitan Statistical Area economy. The coincident index measures the current economic heartbeat of the region. The leading index provides a short term forecast of the region’s economic activity in six to nine months.

Where Should Europe’S Investment Path Lead?: Reflections On August Reinisch, “Quo Vadis Europe?”, Julie A. Maupin

Faculty Scholarship

Relative to the past policies of its Member States, will the European Union’s new comprehensive international investment policy constitute a step forward, a step backward, or a perpetuation of the status quo? Professor Reinisch’s contribution to this volume opens a wide window on the current state of the debate. His cogent analysis suggests that, at present, all three possibilities remain live ones, although some basic contours of a likely trajectory are beginning to take shape. I use his musings as a springboard to investigate two questions which follow naturally from his. That is, in view of Professor Reinisch’s response to …

Macro Data With The Fred Excel Add-In, Humberto Barreto

School of Business and Leadership Working Papers

This working paper is intended to be a chapter in a forthcoming book, tentatively titled Macroeconomics with Excel. The printed book will be a manual for professors, while the Excel workbooks are freely available to students. See www.depauw.edu/learn/macroexcel for more information on this project. This version was presented at the 9th annual Economics Teaching Conference on October 25, 2013.

Transmitting Occupational Niches From First To Second-Generation Immigrants: Are There Earnings Consequences From Being The "Copycat" Generation?, Melissa Seeborg

Honors Projects

In recent years, the number of second-generation immigrants entering the labor market has been increasing at a rapid pace. Their parents had immigrated in large waves, with many joining niche occupations dominated by their ethnic groups. This study looks to determine the economic impact of first-generation niche occupations, the extent that the second-generation enters the same occupations, and the resulting consequences on the second-generation’s income levels. In particular, the study investigates whether the second-generation will sustain the first-generation earnings advantage (or disadvantage) relative to natives. This research examines immigrants from China, India, the Philippines, Mexico, and Puerto Rico. Data from …

Decomposition Of Ireland’S Carbon Emissions From 1990-2010: An Extended Kaya Identity, Tadhg O'Mahony

Articles

In recent decades, Ireland has been an important example of a development pathway where rapid economic growth was accompanied by rising energy demand and increasing carbon emissions. Understanding the driving forces of carbon emissions is necessary for policy formulation and decomposition analysis is widely used for this purpose. This study uses an extended Kaya identity as the scheme and applies the log mean Divisia index (LMDI I) as the decomposition technique. Change in carbon emissions is decomposed from 1990 – 2010 and includes a measure of the effect of renewable energy penetration. Results illustrate that scale effects of affluence and …

Licensed To Care: Inhabiting The Transnational Economy Of "Global Pinoy", Fidel Taguinod

Doctoral

The Philippines’ experience in international labour migration is widely considered a success – an observation endorsed by international bodies such as the World Health Organisation. As an active source of professional nurses to the developed world, the country continues to produce more nurses than the local nursing market can employ; a labour strategy that is promoted, facilitated and supported by the Philippine state and nursing educational system. This thesis interrogates Filipino nurse migration through the methodological prism of autoethnography, drawing on first-hand experience and reflexive accounts, interviews, photographs, policy documents and material cultural artefacts, to critically examine and challenge the …

Three Essays On Large Panel Data Models With Cross-Sectional Dependence, Yonghui Zhang

Dissertations and Theses Collection (Open Access)

My dissertation consists of three essays which contribute new theoretical results to large panel data models with cross-sectional dependence. These essays try to answer or partially answer some prominent questions such as how to detect the presence of cross-sectional dependence and how to capture the latent structure of cross-sectional dependence and estimate parameters efficiently by removing its effects. Chapter 2 introduces a nonparametric test for cross-sectional contemporaneous dependence in large dimensional panel data models based on the squared distance between the pair-wise joint density and the product of the marginals. The test can be applied to either raw observable data …

Three Essays On Mutual Fund Ratings, Wee Seng Ng

Dissertations and Theses Collection (Open Access)

The incessant growth of the mutual fund industry has made the task of selecting mutual funds an increasingly challenging one. Unsophisticated investors turn to low-cost and readily available ratings to guide their investment decisions. Unsurprisingly, mutual fund ratings are hugely popular and influential. Anecdotal evidence and academic findings both suggest that investors gravitate towards top-rated funds. Rating is a double-edged sword. Although the use of rating simplifies the otherwise onerous job of evaluating mutual fund performance, it can lead to adverse consequences. Investors who invest only in top-rated funds are inadvertently assuming that good ratings indicate good future performance. However, …

Monetary Regime Choice In Singapore: Would A Tayor Rule Outperform Exchange-Rate Management?, Hwee Kwan Chow, G.C. Lim, P. Mcnelis

Research Collection School Of Economics

This paper adopts a dynamic stochastic general equilibrium-vector autorgressive (DSGE-VAR) approach to examine the managed exchange-rate system at work in Singapore. We examine if the country has any reason to fear floating the exchange rate and adopting a Taylor rule. Our results show that, in terms of overall inflation volatility, the exchange rate rule has a comparative advantage over the Taylor rule when export price shocks are the major sources of real volatility, while a Taylor rule dominates when domestic productivity shocks drive real volatility. The exchange-rate rule also dominates the Taylor rule for reducing inflation persistence.

Testing Conditional Independence Via Empirical Likelihood, Liangjun Su, Halbert White

Research Collection School Of Economics

We construct two classes of smoothed empirical likelihood ratio tests for the conditional independence hypothesis by writing the null hypothesis as an infinite collection of conditional moment restrictions indexed by a nuisance parameter. One class is based on the CDF; another is based on smoother functions. We show that the test statistics are asymptotically normal under the null hypothesis and a sequence of Pitman local alternatives. We also show that the tests possess an asymptotic optimality property in terms of average power. Simulations suggest that the tests are well behaved in finite samples. Applications to some economic and financial time …

Ex Post Destruction In The Hold-Up Problem, Huan Wang, Juyuan Zhang, Yi Zhang

Research Collection School Of Economics

We investigate whether or not ex post destruction can solve the hold-up problem. After clarifying the difference between ex post destruction and nontrade when negotiation breaks down, we show that the option of ex post destruction is not sufficient to enhance ex ante efficiency. In particular, only if the information about the spitefulness of the supplier is coarse enough, will the option of ex post destruction alleviate the inefficiency of underinvestment caused by the hold-up problem.

Financial Development, International Capital Flows, And Aggregate Output, Jürgen Von Hagen, Haiping Zhang

Research Collection School Of Economics

We develop a tractable two-country overlapping-generations model and show that cross-country differences in financial development can explain three recent empirical patterns of international capital flows: Financial capital flows from relatively poor to relatively rich countries, while foreign direct investment flows in the opposite direction; net capital flows go from poor to rich countries; despite its negative net international investment positions, the United States receives a positive net investment income. International capital mobility affects output in each country directly through the size of domestic investment and indirectly through the aggregate saving rate. Under certain conditions, the indirect effect may dominate the …

Variable Selection In Nonparametric And Semiparametric Regression Models, Liangjun Su, Yonghui Zhang

Research Collection School Of Economics

This chapter reviews the literature on variable selection in nonparametric and semiparametric regression models via shrinkage. We highlight recent developments on simultaneous variable selection and estimation through the methods of least absolute shrinkage and selection operator (Lasso), smoothly clipped absolute deviation (SCAD) or their variants, but restrict our attention to nonparametric and semiparametric regression models. In particular, we consider variable selection in additive models, partially linear models, functional/varying coefficient models, single index models, general nonparametric regression models, and semiparametric/nonparametric quantile regression models.