Revisiting Stock Market Integration Pre-Post Subprime Mortgage Crisis: Insight From Bric Countries,
2015
Faculty of Economics and Business, Universiti Malaysia Sarawak, Kota Samarahan, Malaysia
Revisiting Stock Market Integration Pre-Post Subprime Mortgage Crisis: Insight From Bric Countries, Rayenda Brahmana, Chin-Hong Puah, Kai-Hung Wong
Economics and Finance in Indonesia
This study revisits the long-run relationships and short-run dynamic causal linkages among BRIC stock market, with the particular attention to the 2008 subprime mortgage crisis. Extending related empirical studies, comparative analyses of pre-crisis, and post-crisis periods were conducted to comprehensively evaluate how stock market integration was affected by financial crises. In general, after employing cointegration test and VAR test, the results reveal the increase of stock market integration in BRICs after the subprime crisis. The evidence also found that China stock market is the most influential among the BRICs, in which China stock market has the ability to Granger cause …
"Does Inflation Targeting Framework Make A Significant Difference In Lowering Price Level?" What Is Its Implication To Indonesia's Inflation Rate?,
2015
Master Degree in Public Policy, Lee Kuan Yew School of Public Policy, National University of Singapore
"Does Inflation Targeting Framework Make A Significant Difference In Lowering Price Level?" What Is Its Implication To Indonesia's Inflation Rate?, Faisal Rachman
Economics and Finance in Indonesia
In the last two decades many countries have been starting to employ Inflation Targeting Framework (ITF) as their main monetary policy framework. This is done to achieve an objective of anchoring public expectation on inflation which in the end will steer the price level movement towards ITF's ultimate target of relatively low and stable inflation rate. By conducting Difference-in-Difference method on panel data consisting of five countries implementing ITF since 2001 and twenty-one selected non-ITF countries for period 1990-2010, it is statistically proved that ITF adoption has a significant effect on inflation. In case of Indonesia, through Structural Break approach, …
Matlab And Python Functions For Weighted Disaggregation,
2015
West Virginia University
Matlab And Python Functions For Weighted Disaggregation, Amir Borges Ferreira Neto, Randall Jackson
Regional Research Institute Technical Documents
This technical document describes a weighted disaggregation problem and provides the code for a function in MATLAB and Python to perform such disaggregation.
Looking Behind The Scenes: An Assessment Of The Interdependence Of Brazilian Cultural Industries,
2015
West Virginia University
Looking Behind The Scenes: An Assessment Of The Interdependence Of Brazilian Cultural Industries, Amir Borges Ferreira Neto, Fernando Perobelli, Alexandre Rabelo
Regional Research Institute Working Papers
How important is Brazil’s cultural industries to its economy? We provide an answer to this question by evaluating the interdependence of the cultural activities in the Brazilian production structure and its evolution over the last few years (2005 – 2009). To accomplish this, we disaggregate 13 cultural economic industries in the Brazilian input-output table and calculate several indexes, such as, the production multiplier, linkage indexes, fields of influence and extraction analysis. Results show that the only cultural sector with high links to other sectors in the production structure is Telecommunication, edition and news agencies and that this sector provides the …
European Shadow Financial Regulatory Committee (Esfrc) (2015) : Escalating Crisis In The Eurozone: The Case For Conditional Debt Relief For Greece (Statement No. 40),
2015
Universite Libre Brussels
European Shadow Financial Regulatory Committee (Esfrc) (2015) : Escalating Crisis In The Eurozone: The Case For Conditional Debt Relief For Greece (Statement No. 40), David Veredas, Niels Thygesen, Tom Berglund, Reinhard H. Schmidt, Franco Bruni, Harald Benink, Kern Alexander, Santiago Carbo-Valverde, Rosa Lastra, Clas Wihlborg
Business Faculty Articles and Research
In this statement the European Shadow Financial Regulatory Committee (ESFRC) is advocating a conditional relief of Greek's government debt based on Greece meeting certain targets for structural economic reforms in areas such as its labor market and pensions sector. The authors argue that the position of the European institutions that debt relief for Greece cannot be part of an agreement is based on the illusion that Greece will be able to service its sovereign debt and reduce its debt overhang after implementing a set of fiscal and structural reforms. However, the Greek economy would need to grow at an unrealistic …
Economic And Fiscal Impact Of The Proposed South Haven Community Event Center,
2015
W.E. Upjohn Institute for Employment Research
Economic And Fiscal Impact Of The Proposed South Haven Community Event Center, George A. Erickcek
Reports
No abstract provided.
Quasi-Experimental Methods An Annotated Bibliography,
2015
West Virginia University
Quasi-Experimental Methods An Annotated Bibliography, Mulugeta Kahsai, Randall Jackson
Regional Research Institute Resource Documents
No abstract provided.
Examining The Impact Of Competition On Casino Revenues And Prices In The Mid-Atlantic States,
2015
Ursinus College
Examining The Impact Of Competition On Casino Revenues And Prices In The Mid-Atlantic States, Andrew J. Economopoulos, Uli Luxem
UNLV Gaming Research & Review Journal
The expansion of casinos in the Mid-Atlantic States has been motivated by the quest of states to capture the economic and tax revenue benefits of the new industry. The expansion of casinos and the increase in competition, however, has had an impact on revenue growth and prices. This study examines the impact of expansion on the casino revenues in the region from 1997-2012, and the price for gaming in Pennsylvania and New Jersey from 2006-2012. A spatial econometric model was employed to examine the net impact of casino revenues from expansion. Spatial econometrics captures the within state impact of expansion …
Cost - Benefit Analysis Of The German High Speed Rail Network,
2015
Lewis & Clark College
Cost - Benefit Analysis Of The German High Speed Rail Network, Martin Dorciak
Undergraduate Economic Review
This study undertakes a cost-benefit analysis of the German railway market looking specifically at the effects of high-speed rail development on railway passenger subsidies. Using OLS regression analysis, I estimate a demand curve for the German railway network at the route level; this is combined with cost curve estimates to yield a required subsidy for rail development assuming a natural monopoly market structure. I find that an increase in demand as a result of the introduction of high-speed rail technology causes a 23.9% decrease in required rail subsidies.
Legal Risk And Investor Protection For Retail Investment Products: An Empirical Study Of Lawsuits Regarding Mutual Funds And Structured Notes In Taiwan,
2015
Singapore Management University
Legal Risk And Investor Protection For Retail Investment Products: An Empirical Study Of Lawsuits Regarding Mutual Funds And Structured Notes In Taiwan, Christopher C. H. Chen
Research Collection Yong Pung How School Of Law
This article analyses the results of 322 lawsuits regarding retail mutual funds and structured notes in Taiwan between 2000 and 2012 and their relationship with other factors such as investors’ personal characteristics, main arguments and causes of action. This article has the following major findings: (1) the winning rate for investors was quite low, meaning that banks face low legal risk from misselling claims; (2) investors were not better off by filing a complaint to the Banker’s Association; (3) we have not proved the courts showing preference for investors with certain personal traits due to limited information available; (4) a …
The Impact Of Foreign Direct Investment On Labor Market Measures: Evidence From Sub-Saharan Africa,
2015
The University of San Francisco
The Impact Of Foreign Direct Investment On Labor Market Measures: Evidence From Sub-Saharan Africa, David A. Mayom
Master's Theses
There is scant literature examining the relationship between foreign direct investment (FDI) and labor market measures in Sub-Saharan African (SSA) countries. This paper explores the effect of FDI on the labor market measures using panel data of 48 Sub-Saharan African Countries from 1991 to 2009. The result indicates that FDI has a positive and significant effect on employment implying that an increase in the inflow of FDI is associated with higher employment. Thus, Sub-Saharan African governments should strongly consider poverty alleviation and employment policies that encourage and direct FDI to the industries where it can significantly reduce unemployment.
The Relevance Of Economic, Institutional And Cultural Determinants For Venture Capital Investments. A Us-Europe Comparison.,
2015
University of San Francisco
The Relevance Of Economic, Institutional And Cultural Determinants For Venture Capital Investments. A Us-Europe Comparison., Nadja Benes
Master's Theses
This study analyzes the determinants of early-stage VC investments by identifying characteristics in the economic, institutional, as well as cultural framework that could explain the diverging levels of early-stage VC investments across countries. Data was assembled for 16 countries during the period from 1995 until 2013. The results indicate that countries that are more open to trade are associated with higher levels in early-stage venture capital. A higher unemployment rate negatively affects a country’s level of early-stage VC funds. Higher R&D expenditures as a proxy for the technological and innovation capacity in a country as well as a higher value …
Abstracts Volume 1 2014 English,
2015
Center for the Blue Economy
Abstracts Volume 1 2014 English
Journal of Ocean and Coastal Economics
Abstracts for Volume 1 2014 in English
Abstracts Volume 1 2014 Japanese,
2015
Middlebury Institute of International Studies at Monterey
Abstracts Volume 1 2014 Japanese, The Editors
Journal of Ocean and Coastal Economics
Abstracts to Volume 1 2014 Japanese
Abstracts Volume 1 2014 Korean,
2015
Middlebury Institute of International Studies at Monterey
Abstracts Volume 1 2014 Korean, The Editors
Journal of Ocean and Coastal Economics
Abstracts to Volume 1 2014 in Korean
Abstracts Volume 1 2014 French,
2015
Middlebury Institute of International Studies at Monterey
Abstracts Volume 1 2014 French, The Editors
Journal of Ocean and Coastal Economics
Abstracts to Volume 1 2014 in French
Abstracts Volume 1 2014 Portuguese,
2015
Middlebury Institute of International Studies at Monterey
Abstracts Volume 1 2014 Portuguese, The Editors
Journal of Ocean and Coastal Economics
Abstracts to Volume 2014 in Portuguese
Evidence-Based Stakeholder Engagement: The Promise Of Randomized Control Trials For Business And Human Rights,
2015
University of Illinois College of Law
Evidence-Based Stakeholder Engagement: The Promise Of Randomized Control Trials For Business And Human Rights, Patrick J. Keenan
Indiana Journal of Law and Social Equality
When a large-scale development project comes to a poor country, that project typically comes with a stakeholder engagement plan, which structures the relationship between those affected by the new project and the proponents of the project. The plan sorts those affected by the project into categories, distributes economic benefits differentially based on those categories, allocates other benefits which can increase or decrease the social power of those affected, defines the ways that people harmed by the project may seek redress for their injuries, and might even modify existing governance structures. In the past decade, through the efforts of large institutional …
Diplomatic Normalization Between The Us And Cuba In Light Of Recent Changes In Us Foreign Policy More Generally,
2015
University of Rhode Island
Diplomatic Normalization Between The Us And Cuba In Light Of Recent Changes In Us Foreign Policy More Generally, Ethan Zawatsky, Ashley Gemma
Senior Honors Projects
We analyze normalization of diplomatic relations between the US and Cuba. We first examine the causes of previous normalizations with Vietnam and China. From these cases, we identify factors that are key to the normalization process. These include political turnover, economic interests, other special interest groups, public sentiment, and what we refer to as the Lawnmower Effect. This effect is observed when one or both nations attempt to reopen diplomatic ties only to continually fail to establish relations due to the endurance of underlying political issues. We use the Multiple Streams Framework (a policy formulation theory) in order to evaluate …
High And Dry: An Economic Analysis Of Drug Use In Dry Counties,
2015
University of Arkansas, Fayetteville
High And Dry: An Economic Analysis Of Drug Use In Dry Counties, Shannon Harris
Economics Undergraduate Honors Theses
This paper focuses on how alcohol prohibition affects the drug seeking behaviors of citizens in dry counties. Dry counties are counties that do not permit the production or sale of alcohol and are typically found in Southern states only. This paper analyzes the relationship between dry county laws and three different drug incident measures in order to get a better picture of the unintended consequences of modern alcohol prohibition in the states of Alabama, Arkansas and Kentucky. To estimate drug related events I used the seizure of production sites used to make methamphetamine and other synthetic drugs, as reported by …
