Economic Freedom And Fiscal Performance: A Regression Analysis Of Indices Of Economic Freedom On Per Capita Gdp,
2011
Brigham Young University - Utah
Economic Freedom And Fiscal Performance: A Regression Analysis Of Indices Of Economic Freedom On Per Capita Gdp, Jason R. Ockey
Undergraduate Economic Review
This paper explores whether different forms of economic freedom drive fiscal performance. We also seek to determine which specific measurements of economic freedom have the most statistically significant impacts. Though the results of our analysis show that economic freedom does impact levels of per capita GDP, the interpretation of these results is more complicated. Because some indices of economic freedom have negative effects on per capita GDP or are statistically insignificant, it is important to note that simply generally increasing a country’s overall level of economic freedom will not necessarily spur economic growth or increase fiscal performance. This paper does …
Why It's Vital To Keep Manufacturing Alive,
2011
Singapore Management University
Why It's Vital To Keep Manufacturing Alive, Augustine H. H. Tan
Research Collection School Of Economics
Augustine Tan responds to Singapore Democratic Party candidate Tan Jee Say's online article.
Warning Signs Of Future Asset Bubbles,
2011
Singapore Management University
Warning Signs Of Future Asset Bubbles, Peter C. B. Phillips, Jun Yu
Research Collection School Of Economics
Values Survey, we find that individuals with higher levels of schooling, but whose income
Asymptotic Theory For Zero Energy Functionals With Nonparametric Regression Applications,
2011
University of Sydney
Asymptotic Theory For Zero Energy Functionals With Nonparametric Regression Applications, Qiying Wang, Peter C. B. Phillips
Research Collection School Of Economics
A local limit theorem is given for the sample mean of a zero energy function of a nonstationary time series involving twin numerical sequences that pass to infinity. The result is applicable in certain nonparametric kernel density estimation and regression problems where the relevant quantities are functions of both sample size and bandwidth. An interesting outcome of the theory in nonparametric regression is that the linear term is eliminated from the asymptotic bias. In consequence and in contrast to the stationary case, the Nadaraya-Watson estimator has the same limit distribution (to the second order including bias) as the local linear …
Bias In Estimating Multivariate And Univariate Diffusions,
2011
Singapore Management University
Bias In Estimating Multivariate And Univariate Diffusions, Xiaohu Wang, Peter C. B. Phillips, Jun Yu
Research Collection School Of Economics
Multivariate continuous time models are now widely used in economics and finance. Empirical applications typically rely on some process of discretization so that the system may be estimated with discrete data. This paper introduces a framework for discretizing linear multivariate continuous time systems that includes the commonly used Euler and trapezoidal approximations as special cases and leads to a general class of estimators for the mean reversion matrix. Asymptotic distributions and bias formulae are obtained for estimates of the mean reversion parameter. Explicit expressions are given for the discretization bias and its relationship to estimation bias in both multivariate and …
Infinite Density At The Median And The Typical Shape Of Stock Return Distributions,
2011
Korea University - Korea
Infinite Density At The Median And The Typical Shape Of Stock Return Distributions, Chirok Han, Jin Seo Cho, Peter C. B. Phillips
Research Collection School Of Economics
Statistics are developed to test for the presence of an asymptotic discontinuity (or infinite density or peakedness) in a probability density at the median. The approach makes use of work by Knight (1998) on L(1) estimation asymptotics in conjunction with nonparametric kernel density estimation methods. The size and power of the tests are assessed, and conditions under which the tests have good performance are explored in simulations. The new methods are applied to stock returns of leading companies across major U.S. industry groups. The results confirm the presence of infinite density at the median as a new significant empirical evidence …
The Effect Of Economic Freedom On Workers' Remittances To Labor Sending Countries,
2011
Illinois State University
The Effect Of Economic Freedom On Workers' Remittances To Labor Sending Countries, Lloyd Banwart
Master's Theses - Economics
I test the determinants of workers’ remittances, with a focus on how economic freedom in the labor sending country affects the level of remittance inflows the country receives. I use an unbalanced panel data set between years 2000 and 2006. I find a positive and statistically significant relationship between economic freedom and the percentage of GDP from remittances. I show that the effect of economic freedom is dependent upon the level of economic development in the labor sending country (measured by real GDP per capita); as GDP per capita increases, the marginal effect of economic freedom on remittances decreases steadily.
Rich Have Responsibility To Give Back,
2011
Western Kentucky University
Rich Have Responsibility To Give Back, Aaron W. Hughey
Counseling & Student Affairs Faculty Publications
No abstract provided.
Benefit Payment Costs Of Unemployment Insurance Modernization: Estimates Based On Kentucky Administrative Data,
2011
W.E. Upjohn Insitute for Employment Research
Benefit Payment Costs Of Unemployment Insurance Modernization: Estimates Based On Kentucky Administrative Data, Christopher J. O'Leary
Upjohn Institute Working Papers
The American Recovery and Reinvestment Act (ARRA) of 2009 provided financial incentives for UI modernization. The financial incentive is the state share of $7 billion available nationwide. States can receive one-third of their allocation by having an alternate base period (ABP) for monetary determination of UI eligibility that includes the most recently completed calendar quarter. States can receive the remaining two-thirds of their allocation for having two of four additional program features: 1) UI eligibility while seeking only part-time work, 2) UI eligibility after job separations due to harassment or compelling family reasons, 3) continuation of UI benefits for at …
Evaluating Women In Agriculture Training Programs In South Dakota,
2011
South Dakota State University
Evaluating Women In Agriculture Training Programs In South Dakota, Carol J. Cumber, Barnabas Sugutt
Economics Commentator (1972- 2016)
No abstract provided.
The State Of The Fair Trade Movement,
2011
Fair Trade Resource Network
The State Of The Fair Trade Movement, Jeff Goldman, Executive Director
Fair Trade Universities' National Convergence
No abstract provided.
Free Rider – A Justification For Mandatory Medical Insurance Under Health Care Reform?,
2011
University of Michigan Law School
Free Rider – A Justification For Mandatory Medical Insurance Under Health Care Reform?, Douglas A. Kahn, Jeffrey H. Kahn
Law & Economics Working Papers
Section 1501 of the Patient Protection and Affordable Care Act added section 5000A to the Internal Revenue Code to require most individuals in the United States to purchase a minimum level of medical insurance. This requirement, which is enforced by a penalty imposed on those who fail to comply, is sometimes referred to as the “individual mandate.” A frequently stated defense of the individual mandate is that there are a vast number of persons who do not purchase medical insurance and then obtain free medical care when the need arises, and the individual mandate will require those persons (often referred …
The Arab World Needs Free Markets As Much As Democracy,
2011
William & Mary Law School
The Arab World Needs Free Markets As Much As Democracy, Nathan B. Oman
Popular Media
No abstract provided.
Measurement Issues Arising From The Growth Of Globalization: Conference Papers,
2011
W.E. Upjohn Institute for Employment Research
Measurement Issues Arising From The Growth Of Globalization: Conference Papers, Susan N. Houseman, Kenneth F. Ryder Jr.
Reports
No abstract provided.
Impact Of The Economic Downturn On Local Governments In South Carolina,
2011
University of South Carolina
Impact Of The Economic Downturn On Local Governments In South Carolina, William Tomes
Georgia Journal of Public Policy
Across the country local government revenues have decreased while operating costs such as fuel, materials, equipment, and health insurance costs have significantly increased. In addition to reduced revenues, interest earnings for city and county government investments are low. These factors combined have created a difficult financial arena in which local governments must operate. While economists are reporting signs of economic recovery, many city and county budgets are just now feeling the full brunt of the economic downturn that began in 2008. On a daily basis, news media nationwide report local governments addressing budget deficits by cutting services, eliminating positions, or …
Generous Justice: How God's Grace Makes Us Just (Book Review),
2011
George Fox University
Generous Justice: How God's Grace Makes Us Just (Book Review), Nathanael D. Peach
Faculty Publications - College of Business
No abstract provided.
Boeing And Airbus: Duopoly In Jeopardy?,
2011
Colorado State University - Fort Collins
Boeing And Airbus: Duopoly In Jeopardy?, John Olienyk, Robert J. Carbaugh
All Faculty Scholarship for the College of Business
For decades, Boeing and Airbus have struggled for dominance in the large commercial aircraft market. In 2010 and 2011, the World Trade Organization ruled that each firm has received illegal subsidies from the governments of the United States and the European Union, which have enhanced their competitive positions. This paper considers the nature of these rulings and the future competitive environment in the global jetliner industry.
Rhode Island Current Conditions Index — March 2011,
2011
University of Rhode Island
Rhode Island Current Conditions Index — March 2011, Leonard Lardaro
The Rhode Island Current Conditions Index
No abstract provided.
Emigrant Effects On Bilateral Trade: Reexamining The Immigrant-Trade Link From The Home Country Perspective,
2011
Franklin & Marshall College
Emigrant Effects On Bilateral Trade: Reexamining The Immigrant-Trade Link From The Home Country Perspective, Roger White, Bedassa Tadesse
Economics
A voluminous literature examines the immigrant-trade link. Available studies evaluate the link largely from the host country perspective and generally indicate that immigrants exert positive influences on trade between their host and home countries. Few studies, however, explore the effects of emigrants on trade. Using data representing the stocks of emigrants from 131 home countries that resided in 110 host countries during the year 2005, we examine the immigrant/emigrant-trade link from both the home country perspective and the host country perspective. Doing so, we provide the first comprehensive estimates of pro-trade emigrant effects for each home country in our study.
An Assessment Of The Demographics And Spending Behavior Of Attendees At San Luis Obispo's Downtown Farmers' Market,
2011
California Polytechnic State University, San Luis Obispo
An Assessment Of The Demographics And Spending Behavior Of Attendees At San Luis Obispo's Downtown Farmers' Market, Morgan Thompson
Recreation, Parks, and Tourism Administration
The purpose of this study was to assess the demographics and spending behavior of attendees at San Luis Obispo’s downtown Farmers’ Market. With the current 2011 economic recession in America, this study evaluated its affect on the Farmers’ Market attendee demographics and purchasing motivations. Using a questionnaire distributed to 200 participants at Farmers’ Market, this study concluded that most people are motivated by price when shopping for produce and the majority of Farmers’ Market attendees’ spending behaviors have been affected by the economic recession. Furthermore, this study found there is a preference for organic produce to be bought at the …
