Economics Commons^™

Essays On Export Destination Decisions And Spillovers From Inward Fdi: Evidence From Chilean Manufacturing Plants, Ivan A. Duran Diaz

Dissertations

This dissertation examines the relationship between destination country characteristics and Chilean firm characteristics on the export destination decisions of Chilean firms. Additionally, it explores the impact generated by inward foreign direct investment (FDI) on Chilean firms' export decisions, wages, and productivity.

For the first study, a random coefficients logit approach is employed to model export likelihood to a particular destination country. From this, estimates of export substitution elasticities among destination countries are obtained, given changes in some of their macroeconomic variables such as GDP. Both destination country and the Chilean firms' characteristics are shown to be relevant in the export …

Unemployment Insurance And The Role Of Retained Earnings From Part-Time Work, Chris Hocker

Economics

No abstract provided.

Homo Economicus: Alive And Diversified In The Economic Research Program, Bradley R. Turner

Renée Crown University Honors Thesis Projects - All

This paper seeks to (1) offer a conceptual overview of the methodology of science research programs (MSRP) of Imre Lakatos; (2) apply the framework of that methodology to the neoclassical theory of Gary S. Becker; and (3) explore a quantitative-driven, atheoretical alternative, which challenges the view that there can be or should be any body of theoretical economics. The MSRP framework is used in an instrumental manner in the pursuit of a lucid and interesting historical analysis. The pros and cons of Becker’s approach are presented in the tradition of instrumentalism, and in light of recent discussion of economics imperialism. …

Forex Market Behaviour : Application Of High Frequency Data., Tan Heng Kiat

Student Works (2010-2019)

The huge and high frequency trading in foreign exchange market creates the need for an analytical method that can provide a view on the volatility. Traditional methods such as GARCH are proven to have limitations when applied to high frequency data, such as those generated in foreign exchange market.In this thesis, wavelet method is applied to high frequency data of EURO/USD, GBP/USD and YEN/USD currency pairs and of one minute resolution. The period of this behavioral study is from one hour before 1pm GMT to one hour after 1pm GMT for every Mondays from June 2008 to Dec 2008. The …

Efe-Sponsored* Data Collection Activities, Kevin Hollenbeck

Reports

No abstract provided.

Wholesalers And Retailers In Us Trade, Andrew B. Bernard, J. Bradford Jensen, Stephen J. Redding, Peter K. Schott

Dartmouth Scholarship

International trade models typically assume that producers in one country trade directly with final consumers in another. In the real world, of course, trade can involve long chains of potentially independent actors who move goods through wholesale and retail distribution networks. These networks likely affect the mag-nitude and nature of trade frictions and hence both the pattern of trade and its welfare gains. To promote further understanding of how goods move across borders, this paper examines the extent to which US exports and imports flow through wholesalers and retailers versus “pro-ducing and consuming” firms. We highlight a number of stylized …

Voluntary Green Power Market Forecast Through 2015, Lori Bird, Ed Holt, Jenny Sumner, Claire Kreycik

Publications (E)

Voluntary markets for renewable energy in which consumers purchase renewable energy from their electricity providers or from renewable energy certificate (REC) marketers have existed for more than a decade. Going forward, various factors will influence the development of these markets, including potential climate policies, state and federal renewable portfolio standards (RPS), renewable energy prices, the level of consumer interest in purchasing green power, and the interest on the part of utilities in offering new green options and in continuing to promote existing programs.

This report presents estimates of voluntary market demand for renewable energy or green power through 2015. The …

Intrafirm Trade And Product Contractibility, Andrew B. Bernard, J. Bradford Jensen, Stephen J. Redding, Peter K. Schott

Dartmouth Scholarship

No abstract provided.

The Regulatory Roots Of The 2007 Financial Crisis, Jane Coetsee

All Dissertations

ABSTRACT
The rate of home ownership in the US had remained around 65% since the end of the Second World War. Between 1994 and 2006 the rate of home ownership climbed to 69%. In 2006, the combined assets of the top 5 bank holding companies were $6 trillion. Between 2007 and 2009 almost $2 trillion of bank assets evaporated as widespread mortgage defaults triggered a crisis. The pressing question is why were so many bad loans originated in the first place and what induced firms and investors to hold them? The primary mortgage market is intensely regulated and the secondary …

(Wp 2010-11) The Benefits Of Environmental Improvement: Estimates From Space-Time Analysis, John I. Carruthers, David E. Clark, Robert N. Renner

Economics Working Papers

This paper develops estimates of environmental improvement based on a two-stage hedonic price analysis of the single family housing market in the Puget Sound region of Washington State. The analysis — which focuses specifically on several EPA-designated environmental hazards and involves 226,918 transactions for 177,303 unique properties that took place between January 2001 and September 2009 — involves four steps: (i) ten hedonic price functions are estimated year-by-year, one for each year of the 2000s; (ii) the hedonic estimates are used to compute the marginal implicit price of distance from air release, superfund, and toxic release sites; (iii) the marginal …

May Roundtable: The Downfall Of Human Rights? Introduction

Human Rights & Human Welfare

An annotation of:

“The Downfall of Human Rights” by Joshua Kurlantzick. Newsweek. February 19, 2010.

Estimation Of Bidder Valuations In An Fcc Spectrum Auction, Jungwon Yeo

Research Collection School Of Economics

The Federal Communications Commission (FCC) uses auctions to allocate radio spectrum frequencies to wireless service providers. The innovation of the auction design is that it offers many heterogeneous licenses simultaneously in one ascending auction. This paper develops an empirical model and procedure to estimate bidder valuations. Given that the complex nature of the auction does not admit formal modeling in a general setting, I do not explore a particular model of equilibrium bidding. Instead, I propose two revealed preference inequalities which should hold in any reasonable model of these auctions. The first inequality requires that a bidder never bids on …

Applicant Screening And Performance-Related Outcomes, Fali Huang, Peter Cappelli

Research Collection School Of Economics

A fundamental problem faced by employers is how to elicit effort from employees. Most economic models suggest that employers meet this challenge by monitoring employees carefully to prevent shirking. But there is another option that relies on heterogeneity across employees, and that is to screen job candidates to find workers with a stronger work ethic who require less monitoring. We might therefore expect employers who screen candidates more intensively to monitor them less. Using data from a national sample of US employers, we find that employers who screen applicants more intensively for factors that should predict work ethic also monitor …

On Domains That Admit Well-Behaved Strategy-Proof Social Choice Functions, Shurojit Chatterji, Remzi Sanver, Arunava Sen

Research Collection School Of Economics

In this paper, we investigate domains that admit “well-behaved” strategy-proof social choice functions. We show that if the number of voters is even, then every domain that satisfies a richness condition and admits an anonymous, tops-only, unanimous and strategy-proof social choice function, must be semi-single-peaked. Conversely every semi-single-peaked domain admits an anonymous, tops-only, unanimous and strategy-proof social choice function. Semi-single-peaked domains are generalizations of single-peaked domains on a tree introduced by Demange (1982

Optimal Monetary Policy In A Model With Recursive Preferences, Sungbae An

Research Collection School Of Economics

This paper provides a simple and elegance approach for an empirical investigation of a model with Epstein-Zin (1989) preferences. The perturbation method implemented in Dynare is readily applicable for computation of equilibrium and welfare. A stylized new Keynesian economy with sticky prices is analyzed and optimal simple rules are accessed across various types of monetary policy rules.

Did The Electronic Trading System Make The Foreign Exchange Market More Efficient?, Hao Zou

Economics Honors Projects

This paper examines the effects of introducing the electronic trading system (EBS) on the foreign exchange market, the biggest financial market in the world where trading occurs through many dealers. We find that increasing transparency leads to an increase in informational efficiency, an important aspect of market quality. However, informed dealers are found to quote less aggressively in the more transparent market. Overall, we conclude that semi-transparency raises market efficiency in general, but that it is the uninformed dealers who benefit more from this increased efficiency.

Tri-State Meat Goat Survey Summary, Martin Beutler

Economics Commentator (1972- 2016)

No abstract provided.

Useful Government Information Resources For Public Librarians, Bert Chapman

Libraries Research Publications

Provides a descriptive overview of selected government information resources and the nationwide Government Information Online digital reference chat service for public librarians.

Consumer Perceptions & Video Game Sales: A Meeting Of The Minds, John Sacranie

Honors Projects

This paper examines the determinants of video game software sales. What literature currently exists points to an array of factors, ranging from which hardware a title is released on to the game’s genre. This paper incorporates several of these variables, but adds in a new one: quality. Literature up to this point has not addressed the effect that a game’s quality has on its eventual sales, yet one would logically expect this to have a strong positive impact. To account for quality, the model incorporates the average review score a game receives from professional critics. The results indicate that indeed, …

How European Is The European Central Bank's Monetary Policy?, Teodora D. Petrova

Honors Projects

Ever since its establishment in 1999, the European Central Bank worked on maintaining relative price stability mainly through inflation targeting. The ECB aims at a target inflation rate below but close to 2%. However, the diversity among the member states in the European Union and the Eurozone requires not only collective attention on the EU economy but also on each individual member state. Some Eurozone member states experience generally higher levels of inflation and higher unemployment. On the other side are countries like Germany which are more concerned with maintaining low inflation only. Many economists and politicians criticize the ECB …