Economic Policy Commons^™

Exit Policy, Liquidity Normalization, And Lts Implications On Central Bank Policy Transmission, Alexander Lubis, Rangga Pratama, Merlin Dwi Yunaniar, Wahyu Agung Nugroho, Dian Prima Susiandri

Bulletin of Monetary Economics and Banking

The objective of this study is to determine the implications for the effectiveness of monetary policy transmission by examining the impact of specific policy toolkits in both Advanced Economy (AE) and Emerging Market (EM) countries during crises and during normalization (exit policy) upon crisis resolution. The analysis conducted using the VECM method on a number of AE and EM countries demonstrates that the response of bank interest rates (credit) is consistent with changes in policy rates and substantially diverges from Quantitative Easing (QE) policy in both the short and long term. However, the efficacy of monetary policy transmission appears to …

Navigating Modernity: Political And Economic Shifts In The Nineteenth Cenutry, Austin Delsontro, Andrew Cox

Chronicles: Journal Of History

No abstract provided.

Deconstructing The Afd: An Analysis Of The German Right-Wing Populist Political Party, The Alternative For Germany (Vchc Poster), Elizabeth A. Breckenridge

Research and Creativity Symposium

The Alternativ für Deutschland (Alternative for Germany) (AfD) is a far-right populist party that has quickly grown in power within the past decade, particularly in Eastern German states, due to its emphasis on nationalization, populist rhetoric, and attraction to voters’ fears about immigration and cultural change. The AfD has managed to mobilize strong voting support within five years, gaining parliamentary seats in the Bundestag (Federal Parliament) in 2017, and is now considered the main opposition party to the established parties. The AfD is the first right-wing party to gain significant voting attention since 1945, capitalizing on the rise of right-wing …

Recognizing The Right To Care: A Key Step In Building The Care Economy, Valdrin Dragusha

Bridges: An Undergraduate Journal of Contemporary Connections

The care crisis stems from the social prescription of women as caregivers, leading to their overrepresentation in unpaid care work. Unpaid is linked to broader structural crises like economic inequality, poverty, and precarity, which are exacerbated by intersecting inequalities. The care crisis perpetuates women’s marginalization in economic and social spheres due to the invisibility of care work in the care economy. The care economy includes non-market and market-based care provision, involving public investments in social infrastructure and protection. According to the International Labour Organization, women perform 76.2% of all unpaid care work globally, dedicating 3.2 times more hours than men. …

Evaluating The Current State Of Quality Measure Reporting In The Merit-Based Incentive Payment System, Kinan Sawar, Geoffrey Potts Md

Medical Student Research Symposium

The Merit-Based Incentive Payment System (MIPS) requires physicians to report quality measures along with other metrics that are used to determine an annual percentage adjustment to physician Medicare Part B payments. Unfortunately, physicians have been forced to choose from an ineffective, limited set of quality measures. This has led to an overreliance on process measures, which fail to stratify physician performance effectively; it has also led to differences in the number of reporting options across specialties, resulting in unequal opportunity for physicians to succeed in MIPS. Using Centers for Medicare and Medicaid Services (CMS) public use file data from 2021-2024, …

Investing In "Left Behind" Places: Learning From Native American Tribal Communities, Robert Maxim

Brookings Scholar Lecture Series

As part of the Brookings Scholar Lecture Series, Brookings Mountain West presents a lecture titled, "Investing in 'Left Behind' Places: Learning from Native American Tribal Communities" by Brookings fellow in Brookings Metro, Robert Maxim.

Over the past decade, U.S. political and economic discourse has centered on helping “left behind” places. The federal government joined this conversation, emphasizing everything from tariffs and trade protectionism to revitalize domestic industry, to landmark industrial policy bills aimed at pouring new federal investment into lagging places. Native American tribes can serve as an important case study for understanding how federal, state, and local policies can …

The Role Of Affordable Housing In Enhancing Tenants' Economic Stability In Connecticut: A Focus On Income, Employment, And Housing Stability, Osaid Zubi

Dissertations

This study examined the role of affordable housing in promoting economic stability among low- and moderate-income households in Connecticut. Focusing on income security, employment opportunities, and housing retention, this research highlighted the significance of affordable housing as a means to alleviate financial strain, support job retention, and foster community resilience. Utilizing a phenomenological approach, the study gathered insights from tenants, policymakers, and developers through conducting interviews and a focus group. Connecticut was chosen as the study site due to its high cost of living and affordable housing shortage, exacerbated by its proximity to New York City. Findings underscore the economic …

Beyond Empire: Spain's Contemporary Relationship With Latin America, Gage Groeteke

Honors Program: Senior Projects (Public)

The relationship between Spain and Latin America demands critical attention, not only due to its colonial past but also in light of shifting global power structures and growing generational demands for accountability from historically oppressive states. This study takes its form in a literature review to synthesize the evolving postcolonial dynamic between Spain and the Latin American region—whose long-run development and capacity for economic independence have been fundamentally shaped by colonization. Drawing on postcolonial theory, historical context, international relations, foreign policy, and primary sources, this paper argues that Spain’s modern entanglement with Latin America reflects a neocolonial pattern. Spain’s economic …

Cost Modeling For State Longitudinal Data Systems, Benjamin Boer

Practitioner Toolkits and Resources

A tool to support the development and scaling of longitudinal data supports in state policymaking.

Nonstationary Heterogeneous Panels With Multiple Structural Changes, Badi H. Baltagi, Qu Feng, Wei Wang

Center for Policy Research

Nonstationary panels have been widely used in empirical studies in macroeconomics and finance. This paper considers multiple structural changes in nonstationary heterogeneous panels with common factors. Kapetanios, Pesaran, Yamagata (2011) showed that unobserved nonstationary factors can be proxied by cross-sectional averages of observable data. This means that unobserved error factors can be treated as additional regressors, and different break points in slopes and error factor loadings can be considered as multiple breaks in linear regression models with panel data. We generalize the least squares approach by Bai and Perron (1998) to nonstationary panels and show that the break points in …

The Market Value Of Partisan Balance, Brian D. Feinstein, Daniel J. Hemel

Northwestern University Law Review

For the past century, Delaware’s constitution has provided that no more than a bare majority of judges on the state’s courts may hail from the same political party. Some scholars and jurists theorize that Delaware’s commitment to a politically balanced judiciary increases the state’s attractiveness to out-of-state corporations and adds value to Delaware-chartered firms. These claims echo a larger literature in law and the social sciences positing that ideological diversity improves decisional quality. Recently, a series of federal court decisions in the case of Adams v. Carney put these claims to the test. In December 2017, a federal district court …

Analysis Of Systematic Trade-Offs Between Military And Healthcare Expenditure Alongside Gdp Growth Of Select Asian And Western Exporting Economies In The 21st Century, Rahul Balamurugan, Carlos Gershenson, Preethi Nanjundan, Hiroki Sayama

Northeast Journal of Complex Systems (NEJCS)

This study explores the complexity in the trade-offs between military expenditure, healthcare expenditure, and GDP growth across select Asian nations and major weapon-exporting countries, examining how nations allocate finite resources between national security and human well-being over the past two decades. Using a systems science approach, the research integrates Granger causality testing to analyze temporal and directional relationships among GDP growth, military expenditure, and healthcare expenditure, uncovering their dynamic interdependencies. The methodology includes trend and slope analysis, Granger causality testing, outlier detection, and clustering to identify heterogeneity in resource allocation strategies. Developed, weapon-exporting nations exhibit complementary trends, with strong causality …

Economic Policy Uncertainty And Underinvestment In Indian Firms, Anubha Dhasmana

Working Papers

Insufficient investment by the private sector, especially in manufacturing, has been a major cause of worry for policy makers in India. Not only does such underinvestment affect macroeconomic growth negatively, but it also affects job creation adversely which is a serious concern for a country like India with a growing working age population. This paper studies the impact of economic policy uncertainty on underinvestment by Indian manufacturing firms. Economic policy uncertainty is found to encourage underinvestment by Indian firms significantly, but the relationship is not linear. Further, underinvestment by firms improves firm performance in the short run but only when …

De-Dollarization And South Asia: Challenges And Opportunities For Nepal In A Multipolar Currency World, Keshav Bhattarai, Ambika P. Adhikari

Himalayan Research Papers Archive

The United States dollar’s dominance as the global reserve currency, established under the 1944 Bretton Woods system, persists despite the 1971 decoupling of the gold backing to the dollar. Its liquidity, stability, and full support by the US government confer a solid financial security and advantage to the currency, including a universal acceptance of the dollar and a relatively low borrowing cost. Because of these reasons, the US dollar has been able to dominate the global financial markets for the past eight decades. However, the rapidly emerging global political and economic power shifts are challenging the status of the US …

Gender Inequality And Productivity Impact In Egypt, Hammad Elsaid Omar

The Undergraduate Research Journal

This study examines the relationship between gender inequality in Egypt's workforce and productivity across various sectors. Utilizing a comparative research design, the analysis employs quantitative data from sources such as the World Bank and the International Labor Organization. Key indicators of gender inequality—including the gender pay gap, the percentage of women in managerial positions, and female labor force participation rates—are correlated with productivity metrics like GDP per capita and productivity per employee (Figure 3). Findings reveal a strong negative correlation between the gender pay gap and productivity, with sectors exhibiting smaller pay disparities achieving higher productivity levels. Regression analysis indicates …

Health Coverage And Educational Investments, Pragati, Tirthatanmoy Das

Working Papers

Human capital theory posits that investments in health and education are complementary. Health investments boost education demand, thereby increasing educational expenditures. Drawing on this theory, this paper examines the impact of health coverage on three aspects of household educational investments: (a) the share of educational expenditures, (b) the level of educational spending, and (c) the probability of taking an educational loan. Using a health insurance scheme in India, this study employs a modified difference-in-difference strategy and two waves of the Indian Human Development Survey (2004-05 and 2011-12). The findings show that health insurance led to a 10 percent rise in …

The Jamaica Now Leadership Council: A Study Of Stakeholder Participation In The Revitalization Of Downtown Jamaica, Queens, Melva M. Miller

Dissertations, Theses, and Capstone Projects

Urban revitalization in the United States has often been characterized by uneven community development, where marginalized communities bear the costs while receiving limited benefits. This dissertation examines how the dynamics of stakeholder participation impacts the practice of Community Economic Development (CED), focusing on the Jamaica Now Leadership Council (JNLC) as a case study. Formed to oversee the Jamaica Now Neighborhood Action Plan, the JNLC represents a model of inclusive, stakeholder-driven urban development aimed at addressing historical disinvestment and promoting equitable economic growth in Downtown Jamaica, Queens.

The study explores how power dynamics, stakeholder histories, and role expectations shape participation in …

Geographic Distance And State's Grip: Information Asymmetry, State Inattention, And Firm Implementation Of State Policy, Xiyi Yang, Heli Wang, Xiaoyu Zhou

Research Collection Lee Kong Chian School Of Business

In this study, we develop the argument that geographic distance between the state and local governments undermines the state's capacity to influence the implementation of state policies by local organizations. Drawing from information economics and the attention-based view, we propose that physical distance reduces the state's monitoring effectiveness through two interrelated mechanisms: information asymmetry and state leaders' inattention to distant issues. Using data of Chinese public firms' implementation of environmental activities between 2008 and 2016, we find that firms conduct fewer environmental activities required by the state when they are regulated by local governments that are more geographically distant to …

Assessing Egypt’S Readiness To Introduce Program And Performance-Based Budgeting, Eman Negm

Theses and Dissertations

Program and performance-based budgeting is one of the recent and most controversial developments in the Egyptian budgetary system. As a results-based budgeting methodology, it can potentially support the government's endeavors to enhance the efficiency and effectiveness of public expenditures and improve the overall levels of transparency and accountability. As per the new Unified Finance Law, Egypt is preparing for the full implementation of the program and performance budgeting reform to start in FY 2027-2028. The main objective of this study is to assess the readiness of Egypt to introduce program and performance-based budgeting based on six main assessment pillars which …

More Police Spending Is Linked To Higher Opioid Overdose Mortality Rates, Michah W. Rothbart, Zoe Lindenfeld, Amanda I. Mauri, Diana Silver

Population Health Research Brief Series

In the United States, over 100,000 people die from drug overdoses every year. County fiscal policies, particularly police spending and revenue generated from fines and forfeitures, not only shape the resources available for health interventions but may also influence how those resources are used to prevent overdoses. This brief highlights findings from a study that used data from the U.S. Census of Governments to examine how counties use of extractive policing practices (fines and forfeitures) as well as spending on health and policing were related to opioid overdose deaths from 2017 to 2020. Findings show that higher county-level police spending …