Economics Commons^™

Uncertainty, Identification, And Privacy: Experiments In Individual Decision-Making, David Rivenbark

Electronic Theses and Dissertations

The alleged privacy paradox states that individuals report high values for personal privacy, while at the same time they report behavior that contradicts a high privacy value. This is a misconception. Reported privacy behaviors are explained by asymmetric subjective beliefs. Beliefs may or may not be uncertain, and non-neutral attitudes towards uncertainty are not necessary to explain behavior. This research was conducted in three related parts. Part one presents an experiment in individual decision making under uncertainty. Ellsberg's canonical two-color choice problem was used to estimate attitudes towards uncertainty. Subjects believed bets on the color ball drawn from Ellsberg's ambiguous …

Reconciling The Science And Economics Of Climate Change, Eban Goodstein

Clemens Lecture Series

No abstract provided.

Transmitted Unemployment And Exchange Rate Effect On Labor Market, Youqing Zhou

Lingnan Theses

This thesis examines the link between exchange rate and unemployment. The unemployment problem in an open economy has mostly been discussed at the micro level. Previous studies focus on job losses from trade by the manufacturing industries. However, the macro level relationship between exchange rate and unemployment has been largely ignored. The aims of this study are twofold. Firstly, a simple theoretical relationship between exchange rate and unemployment is established by the PPP and Phillips curve. The model shows that, under the linked exchange rate system, the unemployment in currency-linked country is a function of the unemployment in the base …

Three Essays On Housing Market In Hong Kong : Implications For Public Policy And Macro Economy, Wai Chung, Gary Wong

Lingnan Theses

The thesis contains three papers on different areas of housing study in Hong Kong. The first paper focuses on government policy in public housing privatization on housing market and its effect on the overall economy. By comparing the negative impacts of two financial crises in 1997 and 2008 on housing market, the paper tries to offer explanation for the property downturn during 1997-2003. It aims to study how a public housing privatization program would produce adverse effects on housing transactions and the economy. The second one links up the housing market and macro economy. It is found that housing sector …

Managing Female Foreign Domestic Workers In Singapore: Economic Pragmatism, Coercive Legal Regulation, Or Human Rights, Eugene K. B. Tan

Research Collection Yong Pung How School Of Law

Singapore's immigration discourse is deeply influenced by its need to “right-size” its population. As a society that has and remains in need of immigration, contemporary immigration and globalization have rigorously challenged the conventional thinking and understanding of citizenship, as well as notions of who belongs and who does not. Nevertheless, international marriages and pervasive in-and out-migration for purposes of employment, study, and family, conspire to make more pronounced the decoupling of citizenship and residence in Singapore. This transnational dimension sits uncomfortably with the policy makers' desire for, and the imperatives of, state sovereignty, control, and jurisdiction.Although one quarter of people …

Keterkaitan Pasar Valuta Asing Dan Saham Di Indonesia Dengan Beberapa Negara Mitra Utama: 1998-2009, Lana Soelistianingsih

Jurnal Ekonomi dan Pembangunan Indonesia

Using co-integration, the results show that the movement of Indonesian foreign exchange market and capital market has moved to long-run equilibrium with other currencies and indices from partner countries, while the short-run equilibrium between markets have been proved by using VECM. The Indonesian case supports portfolio balance approach introduced by Frankel. The increasing of IHSG attracts capital inflows and makes the demand for domestic currency higher, and IDR becomes appreciation. Indonesian market has strong linkages with Asian regional markets especially with Hong Kong market, while having no relationship with US market.

Analisis Dampak Kebijakan Fiskal Terhadap Pertumbuhan Ekonomi Di Indonesia, Ahmad Nawawi, Ferry Irawan

Jurnal Ekonomi dan Pembangunan Indonesia

This paper presents an analysis of the effect of fiscal policy in Indonesia based on a VAR ap­ proach. Fiscal policy shocks are identified as a structural residuals related to unexpected government expenditures and tax revenues. Impulse responses are then used to simulate the dynamic response of key macroeconomics variables of shocks. The analysis shows that GDP responses negatively to tax shocks, and positively to expenditure shock. Moreover, disposable income and private consumption react negatively to taxation and positively to government expenditures. Altogether the results are consistent with that of Keynesian models.

Is The Special Purpose Vehicles Act Responsible For The Decline In Npl Ratios?, Stephanie L. Chan, Andrew Adrian Y. Pua

DLSU Business & Economics Review

This study aimed to determine if the SPV Act was actually responsible for the marked decline in NPL ratios this past four years. Using aggregated data for the entire Philippine Banking System, segregated according to type of bank, results suggest that the SPV Act was not responsible for the decline in the NPL ratios but may be attributed to a downward trend in the loan to asset ratio where values are getting closer to the interval for which NPL ratios are at a minimum, economic sluggishness as measured by deviations from the long run trend of macroeconomic variables, and seasonal …

A Comparative Analysis Of The Entrepreneurial Styles Of Second, Third, And Fourth Generation Overseas Chinese And Filipinos In The Philippines, Gerley Q. Po

DLSU Business & Economics Review

This study used the multiple case study research approach and presents a comparative analysis of the similarities and differences in entrepreneurship styles among second, third and fourth generation overseas Chinese and Filipinos in the Philippines. Specifically, it aimed to compare the entrepreneurs’ entrepreneurial characteristics, leadership styles, and value orientation. The results indicate that the two groups are heterogeneous even though they operate business in the same country. However, slowly, the influence of Filipino culture is seen in the fourth generation overseas Chinese. The study hopes to provide new generation of entrepreneurs insights on entrepreneurial styles that need to change to …

Human Resource Management Practices: Drivers For Stimulating Corporate Entrepreneurship In Large Companies In The Philippines, Divina M. Edralin

DLSU Business & Economics Review

Leading companies in the Philippines have realized that nurturing an entrepreneurial culture through the implementation of various strategic human resource management (HRM) practices will enhance their firm’s ability to gain competitive advantage and achieve superior performance. This study attempted to determine the degree to which various HRM practices stimulate corporate entrepreneurship and which HRM function is the most significant driver of corporate entrepreneurship (CE) in large companies in the Philippines. Findings reveal that the companies are extensively implementing different practices related to HRM functions that cultivate CE. Employee relations, training and development, and recruitment and selection HRM functions are found …

Nigeria’S Debt Overhang (1960-2005): A Critical Revisit, Solomon A. Adebola

DLSU Business & Economics Review

A general global trend up to the 1980’s has been for nations to rely substantially on external loans and aids for economic sustenance and technological development. This is particularly true for less developed countries (LDC). Unfortunately for these LDCs, their debts have gone beyond the countries’ capacity to repay. The debts have, for many such developing countries, been on a perpetual geometrical increase. Such countries have ended up with a debt overhang, with its detrimental impacts on the countries’ economic growth and social development. This research note gives a treatise on the theoretical framework of a debt overhang, and a …

Exploratory Market Survey Of Tuba In Tacloban City, Arturo Pacho

DLSU Business & Economics Review

This research note explores the market condition of tuba in Tacloban City in the Philippines. It examined the market viability of tuba as a source of income for small retailers as well as coconut farmers. To determine whether there is any commercial value to tuba, and to what extent, a survey was made on the type of tuba sold, the price it is sold for, the quantity sold, the age of tuba, and the source of tuba. This report provides basic information as to the commercial value of tuba to small store retailers in the city.

The Moralizing Distance In Adam Smith: The Theory Of Moral Sentiments As Possible Praise Of Commerce, Maria Pia Paganelli

Economics Faculty Research

The Theory of Moral Sentiments can be read as a book praising commerce. In The Theory of Moral Sentiments, Adam Smith claims that viewing oneself from a distance decreases the natural tendency toward self-deception and increases the propriety of one’s behavior. In front of strangers and distant acquaintances, an individual would generally restrain the more self-indulgent and excessive passions and be more composed than in front of family and close friends. Frequent exposure to strangers fosters the habit of propriety - the base of moral behavior. Commerce enlarges one’s opportunities to interact with strangers and introduces distance in interpersonal relationships. …

Review Of Keynes And Macroeconomics After 70 Years: Critical Assessments Of The General Theory, John B. Davis

Economics Faculty Research and Publications

No abstract provided.

Foreign Direct Investment And Domestic Investment In The Host Country: Evidence From Panel Study, Miao Wang

Economics Faculty Research and Publications

This article examines the impact of inward Foreign Direct Investment (FDI) on host countries’ domestic investment. Utilizing data from 50 countries over the period of 1970 to 2004, we find that inward FDI has a negative contemporaneous effect on domestic investment, while the cumulative effect of FDI over time tends to be positive. In addition, we separately study FDI in Developed Countries (DCs) and Less Developed Countries (LDCs). The effect of contemporaneous FDI on domestic investment is negative in DCs, and the cumulative effect of FDI is neutral. Strong evidence suggests that the contemporaneous effect of FDI on domestic investment …

Ua37/29 Gary Ransdell - Fed. Reserve Board - American Economic Association Annual Meeting, St. Louis Federal Reserve Board

Faculty/Staff Personal Papers

Email sent to members of the St. Louis Federal Reserve Board excerpting speeches of Ben Bernanke and Donald Kohn delivered to the American Economic Association in Atlanta, GA.

Domestication Alone Does Not Lead To Inequality: Intergenerational Wealth Transmission Among Horticulturalists, Michael Gurven, Monique Borgerhoff Mulder, Paul L. Hooper, Hillard Kaplan, Robert Quinlan, Rebecca Sear, Eric Schniter, Christopher Von Rueden, Samuel Bowles, Tom Hertz, Adrian Bell

Psychology Faculty Articles and Research

We present empirical measures of wealth inequality and its intergenerational transmission among four horticulturalist populations. Wealth is construed broadly as embodied somatic and neural capital, including body size, fertility and cultural knowledge, material capital such as land and household wealth, and relational capital in the form of coalitional support and field labor. Wealth inequality is moderate for most forms of wealth, and intergenerational wealth transmission is low for material resources and moderate for embodied and relational wealth. Our analysis suggests that domestication alone does not transform social structure; rather, the presence of scarce, defensible resources may be required before inequality …

Loose Papers 1, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes,

• Shaikh, A. (2010, June 28). Typed and handwritten notes for KALW Radio interview with Malihe Razazan on EU/US policies, G-20 meetings, and the neoliberal narrative [Interview preparation notes]. Manuscript in possession of the author.

• Shaikh, A. (2010). Handwritten notes for KALW Radio interview mentioning Rose Aguilar, Costas Panayotakis, and Adrian Brown [Interview preparation notes]. Manuscript in possession of the author.

• Shaikh, A. (n.d.). Figure 8: Real GDP growth, 1929–1942 [Chart]. Manuscript in possession of the author.

• Shaikh, A. (n.d.). Government spending growth, 1929–1941 [Chart]. Manuscript in possession of the author.

• Shaikh, A. …

Microfoundations, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Microfoundations: subject outline and reading list. Anwar Shaikh, PhD. Unpublished archival folder cover sheet.
• Golland, L., & Sigmund, K. 2007. Exact thought in a demented time: Karl Menger and his Viennese mathematical colloquium. The Mathematical Intelligencer, volume 29, issue 1. Springer Science and Business Media, New York.
• Rizvi, S. A. T. 2005. Deception and game theory. In C. Gerschlager, Ed., Deception in markets: an economic analysis. Palgrave Macmillan, New York.
• Philp, B., & Young, D. 2002. Preferences, reductionism and the microfoundations of analytical Marxism. Cambridge Journal of Economics, volume 26, issue 3. Oxford University Press, Oxford, on …

Who Benefits From Job Creation At County Level? An Analysis Of Leakage And Spillover Of New Employment Opportunities In Virginia, Xiaobing Shuai

School of Professional and Continuing Studies Faculty Publications

Using an econometric model system built on county level labor market data, this study allocates new employments in Virginia from 1990 to 2000 into various demographic segments: commuters, residents, and new immigrants. The study finds significant leakage of new employment opportunities in Virginia. 52% of new jobs created in the 1990s in a locality were taken by outside commuters. However, Virginia’s localities also benefit from spillover benefits from job creation elsewhere. Economists need to account for employment leakage and spillover to accurately evaluate the fiscal impacts of potential economic development projects.