Economics Commons^™

Convergence Of North African Countries To The Level Of Southern Europe Income: An Empirical Evaluation, Meriem Djennas, Mohamed Benbouziane, Mustapha Djennas

Topics in Middle Eastern and North African Economies

No abstract provided.

Sectoral Composition And Unemployment In Turkey, Fatma Dogruel, Yasemin Ozerkek

Topics in Middle Eastern and North African Economies

No abstract provided.

Revolt On The Nile: Economic Shocks, Religion And Political Influence, Eric Chaney

Topics in Middle Eastern and North African Economies

No abstract provided.

Trade Liberalization And Export Diversification In Selected Mena Countries, Suut Dogruel, Mahmut Tekce

Topics in Middle Eastern and North African Economies

No abstract provided.

Potential Factors For Metal Heat Treatment In El Paso, Mario E. Caire, Dennis L. Soden

IPED Technical Reports

The Paso del Norte region lacks local access to a small to mid‐sized metal heat treating facility. As a result, local industries that manufacture products that require metal heat treatment services typically out‐source this service to non‐regional companies. Businesses have reported sending materials to California, Arizona, East Texas, and as far out as Illinois.

Say On Pay And Compensation Design, Kevin F. Hallock

Economics Faculty Publications

Say on pay is demanding far more time and energy than expected, and its full impact on the world won't be known for years. The 2011 proxy season was the first time publicly traded firms in the U.S. were required by law to solicit from their shareholders advisory yes or no votes on the pay package awarded to the CEO. In every industry, the median CEO received a raise (positive year-on-year change) in total CEO compensation. The mix of pay shifted some. For example, in the communications industry, the average share of total compensation paid in salary fell by 6.53 …

Sanctioning Policies-Australian, American And British Cross-National Reflections And Comparisons, Harry Savelsberg

The Journal of Sociology & Social Welfare

Over the last two decades welfare policies have undergone major reforms in Anglo-Western nations such as the U.S., U.K. and Australia. Central to these reforms have been the revision of welfare recipient entitlements and responsibilities and the emergence of a responsibility and obligations agenda. The essence of this agenda is conditionality and reciprocity, and it includes the threat of punitive sanctions for failing to comply with mandatory participation requirements. This paper highlights the potent influence of the ideas of American conservatives on policy reforms in the U.S., the U.K. and Australia and provides a thematic crossnational comparison of sanctioning policies …

Implications Of Simultaneity In A Physical Damage Function, Kelly M. Cobourn, Hannah J. Burrack, Rachael E. Goodhue, Jeffrey C. Williams, Frank G. Zalom

Economics Faculty Publications and Presentations

A modeler must often rely on highly simplified representations of complex physical systems when analyzing associated economic issues. Herein, we consider a management problem in which a bioeconomic system exhibits simultaneity in processes governing productivity and damage. In this case, it may benefit the producer to sacrifice productivity to reduce the costs associated with increased damage. We specify empirically a structural damage relationship that explains the biological process by which an invasive species damages a host and estimate the structural model and its reduced form with an exceptional dataset on infestation of olives by the olive fruit fly. We contrast …

Current Global Financial Crisis, M. Ibrahim Turhan

Topics in Middle Eastern and North African Economies

No abstract provided.

Economic Growth With Unlimited Supplies Of Labor: Theory And Some Evidence From The Gcc, Tarek Coury, Mohamed Lahouel

Topics in Middle Eastern and North African Economies

No abstract provided.

Nokia Siemens Networks: Just Doing Business – Or Supporting An Oppressive Regime?, Judith Schrempf-Stirling

Management Faculty Publications

This case study examines the relevance of taking social and political factors into consideration when a corporation is making a key business decision. In September 2009, Simon Beresford-Wylie, the outgoing CEO of Nokia Siemens Networks (NSN), was reviewing the company’s achievements — while acknowledging the latest public criticism regarding NSN’s business relationship with the Iranian government. In the summer of 2009, NSN was accused of complicity in human rights violations linked to Iran’s presidential election. The company sold network infrastructure and software solutions to the Iranian government, which then used this technology to observe, block, and control domestic communications. Should …

Robust Predictions In Games With Incomplete Information, Dirk Bergemann, Stephen Morris

Cowles Foundation Discussion Papers

We analyze games of incomplete information and offer equilibrium predictions which are valid for all possible private information structures that the agents may have. Our characterization of these robust predictions relies on an epistemic result which establishes a relationship between the set of Bayes Nash equilibria and the set of Bayes correlated equilibria. We completely characterize the set of Bayes correlated equilibria in a class of games with quadratic payoffs and normally distributed uncertainty in terms of restrictions on the first and second moments of the equilibrium action-state distribution. We derive exact bounds on how prior information of the analyst …

Sources And Application Of Funds In Non Interest Banking Regime, A. S. Abdulkarim

Bullion

The concept of Islamic finance is a new phenomenon in Nigeria. At present there are over 300 Islamic Banks that are operational throughout the world. Like conventional banks, Islamic banks also needs funds to operate its banking activities.This paper explores the sources and application of funds in non-interest banking regime. Sources of funds to include deposits, deposits from other Islamic banks, banks equity, Islamic investment funds and placement from bank treasury.

Overview And Conceptual Issues Of Non-Interest Banking In Nigeria, B. A. Umar

Bullion

This paper examines the role of non-interest banking in national development. The paper is divided into five sections, the first section contains the introduction, section 2 has the conceptual framework, section three gives non-interest bonking in Nigeria and section four concludes the paper.

Robust Predictions In Games With Incomplete Information, Dirk Bergemann, Stephen Morris

Cowles Foundation Discussion Papers

We analyze games of incomplete information and offer equilibrium predictions which are valid for, and in this sense robust to, all possible private information structures that the agents may have. We completely characterize the set of Bayes correlated equilibria in a class of games with quadratic payoffs and normally distributed uncertainty in terms of restrictions on the first and second moments of the equilibrium action-state distribution. We derive exact bounds on how prior knowledge about the private information refines the set of equilibrium predictions. We consider information sharing among firms under demand uncertainty and find newly optimal information policies via …

Robust Predictions In Games With Incomplete Information, Dirk Bergemann, Stephen Morris

Cowles Foundation Discussion Papers

We analyze games of incomplete information and offer equilibrium predictions which are valid for, and in this sense robust to, all possible private information structures that the agents may have. We completely characterize the set of Bayes correlated equilibria in a class of games with quadratic payoffs and normally distributed uncertainty in terms of restrictions on the first and second moments of the equilibrium action-state distribution. We derive exact bounds on how prior knowledge about the private information refines the set of equilibrium predictions. We consider information sharing among firms under demand uncertainty and find newly optimal information policies via …

Robust Predictions In Games With Incomplete Information, Dirk Bergemann, Stephen Morris

Cowles Foundation Discussion Papers

We analyze games of incomplete information and offer equilibrium predictions which are valid for, and in this sense robust to, all possible private information structures that the agents may have. The set of outcomes that can arise in equilibrium for some information structure is equal to the set of Bayes correlated equilibria. We completely characterize the set of Bayes correlated equilibria in a class of games with quadratic payoffs and normally distributed uncertainty in terms of restrictions on the first and second moments of the equilibrium action-state distribution. We derive exact bounds on how prior knowledge about the private information …

Hiv And Concurrent Sexual Partnerships: Modelling The Role Of Coital Dilution, Larry Sawers, Alan G. Isaac, Eileen Stillwaggon

Economics Faculty Publications

Background: The concurrency hypothesis asserts that high prevalence of overlapping sexual partnerships explains extraordinarily high HIV levels in sub-Saharan Africa. Earlier simulation models show that the network effect of concurrency can increase HIV incidence, but those models do not account for the coital dilution effect (nonprimary partnerships have lower coital frequency than primary partnerships).

Methods: We modify the model of Eaton et al (AIDS and Behavior, September 2010) to incorporate coital dilution by assigning lower coital frequencies to non-primary partnerships. We parameterize coital dilution based on the empirical work of Morris et al (PLoS ONE, December …

Losers And Losers: Some Demographics Of Medical Malpractice Tort Reforms, Andrew Friedson, Thomas J. Kniesner

Economics - All Scholarship

Our research examines individual differences in the effects of medical malpractice tort reforms on pre-trial settlement speed and settlement amounts by age and most likely settlement size. Findings of note include that, unlike previously assumed, both absolute and percentage losses from tort reform are small for infants in an asset value sense and that the prime-aged working population is the group most negatively affected by tort reform. Maximum entropy quantile regressions highlight the robustness of our conclusions and reveal that the settlement losses most informative for policy evaluation differ greatly from mean regression estimates.

The Turkish Wage Curve; Evidence From The Household Labor Force Survey, Badi H. Baltagi, Yusuf Soner Baskaya, Timur Hulagu

Center for Policy Research

This paper examines the Turkish wage curve using individual data from the Household Labor Force Survey (HLFS) including 26 NUTS-2 regions over the period 2005 - 2008. When the local unemployment rate is treated as predetermined, there is evidence in favor of the wage curve only for younger and female workers. However, if the lagged unemployment rate is used as an instrument for current unemployment rate, we find an unemployment elasticity of -0.099. We also find a higher elasticity for younger, less educated, low experienced workers than for older, more educated and more experienced workers. Another important finding is that …