Essays In Labor Economics,
2012
Clemson University
Essays In Labor Economics, Adam Blott
All Dissertations
The three chapters of this dissertation are closely related to one another and pertain to work flexibility. The first chapter uses an occupational choice model to estimate how workers value schedule flexibility in terms of other on the job characteristics. The second chapter also estimates how workers value flexibility using a hedonic wage approach. This method provides an estimate of how workers value schedule flexibility in terms of real wages. In the third chapter I estimate the impact of family structure on the probability that men choose a flexible job.
Flexible work schedules are becoming an increasingly important characteristic for …
Essays In International Trade,
2012
Clemson University
Essays In International Trade, Matthew Clance
All Dissertations
This dissertation consisits of two chapters. Both chapters relate to the effects of trade resistence measures commonly used in the International Trade literature. The first chapter investigates the effects of trade costs on the extensive and intensive margins of trade. The second chapter uses a semi-nonparametric estimation technique to include zero trade trade values and adds additional flexibility to the estimation of trade costs.
Trade literature has made use of the gravity equation since its introduction by Tinbergen (1962) to measure the impact of trade barriers and country characteristics on bilateral trade flows. The new focus of the literature separates …
Financial Liberalization And The Severity Of Systemic Banking Crises,
2012
Clemson University
Financial Liberalization And The Severity Of Systemic Banking Crises, Michael Scott
All Dissertations
Recent macroeconomic events have reinvigorated research in financial crises, namely systemic banking crises. While theoretical and empirical research on the causes and leading indicator of banking crises is vast, empirical literature on the cost of such crises is sparse. This paper addresses that void in the literature. Utilizing a new database compiled by the IMF on financial sector reforms, the correlation between financial sector liberalization and the severity of systemic banking crises is examined. The aspect of financial sector liberalization with the strongest correlation with the severity of systemic banking crises is the level of banking supervision and prudent regulation. …
Essays In Family Economics,
2012
Clemson University
Essays In Family Economics, Bing Bai
All Dissertations
The first chapter examines the effect of the number of years children spend living with a single-parent family instead of a two-parent family on children's completed schooling, based on a sample of children from the PSID. To deal with the endogeneity of mothers' family structure decisions, I exploit the variation across states and over time in unilateral divorce laws, unmarried fertility ratios, welfare rules, earned income tax credit rates, and labor market conditions that generate plausibly exogenous changes in mothers' family structure choices. I construct a set of extensive measures for these contextual variables and use them as instruments to …
Essays On Property Rights Protection And Behavior Of Multinational Enterprices,
2012
Clemson University
Essays On Property Rights Protection And Behavior Of Multinational Enterprices, Liudmila Kashcheeva
All Dissertations
This dissertation explores several related themes in international economics and focuses on uncovering the impacts of government actions on multinational firms' trade and investment decisions.
In the first essay 'Country-level Property Rights Protection and behavior of Multinational Enterprises' I provide the motivation for the other two chapters of this dissertation, and explain why I have chosen country level property rights protection to explain heterogeneity in the behavior of multinational enterprises.
In the second essay 'The role of Intellectual Property Rights in the relation between Foreign Direct Investment and Growth' I study the relation between strength of intellectual property rights (IPR) …
The Montana Tourism Industry: The People And The Businesses,
2012
The University of Montana-Missoula
The Montana Tourism Industry: The People And The Businesses, Christine Oschell
Institute for Tourism and Recreation Research Publications
The purpose of this study was to understand more about tourism industry business owners and employees, their employment history and their perception of the benefits that have come from their job in tourism. Another important aspect of this study is determining where Montana tourism businesses spend their money.
Matching With Incomplete Information,
2012
Yale University
Matching With Incomplete Information, Quingmin Liu, George J. Mailath, Andrew Postlewaite, Larry Samuelson
Cowles Foundation Discussion Papers
A large literature uses matching models to analyze markets with two-sided heterogeneity, studying problems such as the matching of students to schools, residents to hospitals, husbands to wives, and workers to firms. The analysis typically assumes that the agents have complete information, and examines core outcomes. We formulate a notion of stable outcomes in matching problems with one-sided asymmetric information. The key conceptual problem is to formulate a notion of a blocking pair that takes account of the inferences that the uninformed agent might make from the hypothesis that the current allocation is stable. We show that the set of …
Moral Markets And The Problematic Proprietor: How Neoliberal Values Shape Lottery Debates In Nevada,
2012
Stonehill College
Moral Markets And The Problematic Proprietor: How Neoliberal Values Shape Lottery Debates In Nevada, Christopher Wetzel
Occasional Papers
All but seven states have legalized lotteries since New Hampshire ushered in the modern lottery era in 1964. Although casino gaming has been permitted since 1931, Nevada has rejected multiple legislative proposals amend the State Constitution and create a state-run lottery. This paper theorizes the lottery’s absence in Nevada, focusing in particular on the role of the state. Lotteries are distinct from other forms of gaming because states act simultaneously as the operation’s regulator and proprietor. In this case, Nevada’s lottery legalization debates over the last half century reflect the profound moral valence of markets. The state as a potential …
A Robust Hausman-Taylor Estimator,
2012
Syracuse University
A Robust Hausman-Taylor Estimator, Badi Baltagi, Georges Bresson
Center for Policy Research
This paper suggests a robust Hausman and Taylor (1981) estimator, here-after HT that deals with the possible presence of outliers. This entails two modifications of the classical HT estimator. The first modification uses the Bramati and Croux (2007) robust Within MS estimator instead of the Within estimator in the first stage of the HT estimator. The second modification uses the robust Wagenvoort and Waldmann (2002) two stage generalized MS estimator instead of the 2SLS estimator in the second step of the HT estimator. Monte Carlo simulations show that, in the presence of vertical outliers or bad leverage points, the robust …
On The Implementation And Performance Of Water Rights Buyback Schemes,
2012
London School of Economics and Political Science
On The Implementation And Performance Of Water Rights Buyback Schemes, Carmen Marchiori, Susan Stratton Sayre, Leo K. Simon
Economics: Faculty Publications
Governments are increasingly reliant on the reacquisition of water rights as a mechanism for recovering overexploited basins. Yet, serious concerns have recently been raised about the efficacy and operational dimensions of existing programs. Water buyback is typically implemented as the purchase of a fixed quantity of water rights from the agricultural sector at the price set by the Water Authority. This paper seeks to analyze whether the use of water buyback in its current form represents a sensible means of recovering overexploited basins. The results—which are particularly relevant to contexts characterised by poor enforcement regimes and widespread illegal water use—highlight …
A Survey Of Effects Of International Trade On Growth,
2012
Montclair State University
A Survey Of Effects Of International Trade On Growth, Maria H. Ramjerdi
Department of Economics Faculty Scholarship and Creative Works
For many centuries economist simply upgrades Riccardian models and argued that free trade based on comparative advantage and according to geographical distribution of factors of production and specialization leads to efficient use of resources and increases world production frontier a “win-win” situation.While according to liberal economist trade liberalization creates faster growth there are economists who proclaimed that countries become more dependent on foreign resources which control process domestic growth and development.Recent models incorporate economies of scale, imperfect competition, R&D and assume that trade liberalization determine the geographical location of industries therefore gain from trade (Helpman and Krugman, 1985). …
Quality Of Life For All Ages, By Design. A Conversation With Patricia Moore,
2012
MooreDesign, Associates, LLC
Quality Of Life For All Ages, By Design. A Conversation With Patricia Moore, Patricia Moore
Center for Policy Research
On November 3, 2011, Patricia Moore presented the Syracuse Seminar on Aging to a packed audience of over 250 faculty, students, and community members. She delivered an engaging lecture on “Quality of life for all ages, by design”. Afterwards Janet Wilmoth, Director of the Syracuse University Aging Studies Institute, and Patricia Moore had a chance to sit down and talk about her path-breaking career, ability-based design, and aging in America.
Determinants Of Odi From China And Other Emerging Economies: Evidence From New Miro-Level Dataset,
2012
Clemson University
Determinants Of Odi From China And Other Emerging Economies: Evidence From New Miro-Level Dataset, Leiyin Zhu
All Theses
As a former major recipient of foreign direct investment (FDI), China is now turning into a big source. Studies have made great attempts to characterize China's outward FDI (ODI), and have explained the forces behind investment decisions. In our study, we first try to illustrate China's outward investment pattern with a background of BRIC countries in terms of sectorial and geographical distribution. Furthermore, by adopting a micro-level dataset, we are going to show a different picture of what has driven China to conduct ODI in host countries in comparison with Russia within the same framework. Our ultimate goal is to …
The Role Of Early Head Start In School Readiness,
2012
Clemson University
The Role Of Early Head Start In School Readiness, Meron Habtu
All Theses
This thesis considers the relationship between participation in Early Head Start programs and school readiness for children from low-income families. The work uses longitudinal data from the Early Childhood Research and Evaluation (EHSRE) project that followed 3001 families in 17 Early Head Start Centers from 1996-2010. In the project, data was collected about children's school readiness in three phases: 0-3 years, Pre-K and fifth grade.
In the sample data set, families were randomly assigned to either a treatment group of Early Head Start participants or a control group. Empirical analysis was conducted that compares the test scores of the treatment …
Regulation Of Intellectual Property And Contract Structure,
2012
Clemson University
Regulation Of Intellectual Property And Contract Structure, Ouida Black
All Theses
This paper seeks to address the newest issue arising between songwriters and their record companies in the music industry which is the underpayment of royalties. This paper will seek to answer if with more and more artists and songwriters suing for compensation due to underpayment of royalties, will artists lose the incentive to create new music and eventually decrease overall production? Clearly defining and regulating intellectual property and the use and efficiency of contracts will be topics for discussion. After testing my hypothesis, some results show no decrease, whereas, other results report some decrease in record company and songwriter incentives …
Intraday Volatility Effect Of The Etf Redemption Process On The Underlying Basket Of Stocks,
2012
Clemson University
Intraday Volatility Effect Of The Etf Redemption Process On The Underlying Basket Of Stocks, Daniel Medlen
All Theses
Since their introduction in the mid 1990's, ETFs have grown rapidly in number and diversified into various markets. In addition they have evolved to become increasingly more complex. While there has been some research in the area of these instruments, most of it has focused on their performance and little in regards to the possible effects they may have on the broader market. The redemption mechanism that is built into most ETFs is a unique aspect of these securities that may have unintended effects on markets due to large volume of securities changing hands. This study shows that as the …
Demand For Food In Ecuador And The United States: Evidence From Household-Level Survey Data,
2012
Clemson University
Demand For Food In Ecuador And The United States: Evidence From Household-Level Survey Data, Cesar Emilio Castellon Chicas
All Theses
This thesis consists of two essays focused on the estimation of food demand models from household-level data. The first essay examines the approach developed by Lewbel (1989) for the construction of household level commodity price indices (Stone-Lewbel prices) which can be used for the estimation of price effects in demand models. Stone-Lewbel prices are constructed using information on budget shares and Consumer Price Indices (CPIs) of the goods comprising the commodity groups. We consider three alternative CPIs for the construction of the Stone-Lewbel prices: monthly, quarterly and a constant (unity) price index (by a unity CPI we meant that all …
Four Flaws In New York State’S Property Taxes And How To Fix Them: Small Assessment Units,
2012
The Maxwell School, Syracuse University
Four Flaws In New York State’S Property Taxes And How To Fix Them: Small Assessment Units, John Yinger
Center for Policy Research
It’s Elementary is a series of essays on topics in education and education policy. The main focus is on education finance in New York State, but general research findings in education and education policy issues in several other states are also discussed. John Yinger, Professor of Economics and Public Administration at the Maxwell School, Syracuse University is the author of most of these essays, although a few are written by or co-authored with other scholars.
Standardized Lm Test For Spatial Error Dependence In Linear Or Panel Regressions,
2012
Syracuse University
Standardized Lm Test For Spatial Error Dependence In Linear Or Panel Regressions, Badi Baltagi, Zhenlin Yankg
Center for Policy Research
The robustness of the LM tests for spatial error dependence of Burridge (1980) and Born and Breitung (2011) for the linear regression model, and Anselin (1988) and Debarsy and Ertur (2010) for the panel regression model with random or fixed effects are examined. While all tests are asymptotically robust against distributional misspecification, their finite sample behavior may be sensitive to the spatial layout. To overcome this shortcoming, standardized LM tests are suggested. Monte Carlo results show that the new tests possess good finite sample properties. An important observation made throughout this study is that the LM tests for spatial dependence …
Small Sample Properties And Pretest Estimation Of A Spatial Hausman-Taylor Model,
2012
Syracuse University
Small Sample Properties And Pretest Estimation Of A Spatial Hausman-Taylor Model, Badi Baltagi, Peter H. Egger, Michaela Kesina
Center for Policy Research
This paper considers a Hausman and Taylor (1981) panel data model that exhibits a Cliff and Ord (1973) spatial error structure. We analyze the small sample properties of a generalized moments estimation approach for that model. This spatial Hausman-Taylor estimator allows for endogeneity of the time-varying and time-invariant variables with the individual effects. For this model, the spatial effects estimator is known to be consistent, but its disadvantage is that it wipes out the effects of time-invariant variables, which are important for most empirical studies. Monte Carlo results show that the spatial Hausman-Taylor estimator performs well in small samples.
