The Sustainability Of Child Protection Services In The Republic Of Kosovo,
2020
SIT Graduate Institute/SIT Study Abroad
The Sustainability Of Child Protection Services In The Republic Of Kosovo, Shpetim Bylykbashi
Capstone Collection
Today, in Kosovo, are services provided for the children most in need sustainable? Do these services have stable and long-term funding? Did the decentralization of the Kosovo government strengthen or weaken the existing child protective environment? In an attempt to answer these questions, a review of available literature was completed, as well as direct interviews conducted with relevant stakeholders engaged in Kosovo’s child protection services at both the governmental and civil society levels. The main finding of my research is that vulnerable children in Kosovo, such as children without parental care, children with special needs, and child victims of domestic …
Do Public Program Benefits Crowd Out Private Transfers In Developing Countries? A Critical Review Of Recent Evidence,
2020
Harvard Institute for Quantitative Social Science
Do Public Program Benefits Crowd Out Private Transfers In Developing Countries? A Critical Review Of Recent Evidence, Plamen Nikolov, Matthew Bonci
Economics Faculty Scholarship
Precipitated by rapid globalization, rising inequality, population growth, and longevity gains, social protection programs have been on the rise in low- and middle-income countries (LMICs) in the last three decades. However, the introduction of public benefits could displace informal mechanisms for risk-protection, which are especially prevalent in LMICs. If the displacement of private transfers is considerably large, the expansion of social protection programs could even lead to social welfare loss. In this paper, we critically survey the recent empirical literature on crowd-out effects in response to public policies, specifically in the context of LMICs. We review and synthesize patterns from …
The Nutria That Roared: How Building Coalitions Can Empower The Small To Drive Great Change,
2020
Greater New Orleans, Inc.
The Nutria That Roared: How Building Coalitions Can Empower The Small To Drive Great Change, Michael Hecht
New England Journal of Public Policy
Hurricane Katrina saved the New Orleans economy. To be clear, Hurricane Katrina was not “good”—it was a devastating event, the most destructive storm in American history, costing thousands of lives and billions of dollars in damage. But when the books are written, and the story is told, the conclusion will be inescapable: Hurricane Katrina marked a profoundly positive inflection point in the New Orleans economy.
Assessing The Short-Term Stability Of Financial Well-Being In Low- And Moderate-Income Households,
2020
Washington University in St. Louis
Assessing The Short-Term Stability Of Financial Well-Being In Low- And Moderate-Income Households, Stephen P. Roll, Olga Kondratjeva, Michal Grinstein-Weiss, Stephanie Skees
Social Policy Institute Research
Much of the literature on household finances tends to focus on discrete or relatively objective measures like savings, debt, economic mobility, and there has been a lack of research on holistic measures of financial well-being. This gap is due in part to the absence of a common understanding of how to define and measure financial well-being; a gap that was recently addressed by the Consumer Financial Protection Bureau’s development of a financial well-being scale. However, the research on this scale is still scarce and little is known about how financial well-being evolves over time. To that end, this paper uses …
How Startups Help Cities Measure Their Economic Development Frontier,
2020
University of Nevada, Las Vegas
How Startups Help Cities Measure Their Economic Development Frontier, Mary Blankenship, Caitlin Saladino, William E. Brown
Economic Development & Workforce
This Fact Sheet provides data on the ability of Metropolitan Statistical Areas (MSAs) in the Mountain West to foster innovative and technology-driven industries, utilizing information presented by the Brookings Institution report, “How startups help cities measure their economic development frontier."
The Importance Of Cognitive Domains And The Returns To Schooling In South Africa: Evidence From Two Labor Surveys,
2020
Harvard Institute for Quantitative Social Science
The Importance Of Cognitive Domains And The Returns To Schooling In South Africa: Evidence From Two Labor Surveys, Plamen Nikolov, Nusrat Jimi
Economics Faculty Scholarship
Numerous studies have considered the important role of cognition in estimating the returns to schooling. How cognitive abilities affect schooling may have important policy implications, especially in developing countries during periods of increasing educational attainment. Using two longitudinal labor surveys that collect direct proxy measures of cognitive skills, we study the importance of specific cognitive domains for the returns to schooling in two samples. We instrument for schooling levels and we find that each additional year of schooling leads to an increase in earnings by approximately 18-20 percent. The estimated effect sizes—based on the two-stage least squares estimates—are above the …
Network Competition And Team Chemistry In The Nba,
2020
Syracuse University
Network Competition And Team Chemistry In The Nba, William C. Horrace, Hyunseok Jung, Shane Sanders
Center for Policy Research
We consider a heterogeneous social interaction model where agents interact with peers within their own network but also interact with agents across other (non-peer) networks. To address potential endogeneity in the networks, we assume that each network has a central planner who makes strategic network decisions based on observable and unobservable characteristics of the peers in her charge. The model forms a simultaneous equation system that can be estimated by Quasi-Maximum Likelihood. We apply a restricted version of our model to data on National Basketball Association games, where agents are players, networks are individual teams organized by coaches, and competition …
Job Density In The Mountain West,
2020
University of Nevada, Las Vegas
Job Density In The Mountain West, Ember Smith, Caitlin Saladino, William E. Brown
Economic Development & Workforce
This Fact Sheet highlights the job density patterns in large metropolitan statistical areas (MSAs) in the Mountain West states (Nevada, Utah, Arizona, New Mexico, and Colorado) using the findings of Where Jobs are Concentrating and Why it Matters to Cities and Regions, a report by Chad Shearer, Jennifer S. Vey, and Joanne Kim of the Brookings Institution.
Economic Segregation, Inequality, And The New Urban Crisis In The Mountain West,
2020
University of Nevada, Las Vegas
Economic Segregation, Inequality, And The New Urban Crisis In The Mountain West, Ember Smith, Caitlin Saladino, William E. Brown
Housing & Real Estate
This fact sheet highlights economic segregation, inequality, and the effect of the “New Urban Crisis” in the Mountain West region (Nevada, Arizona, New Mexico, Colorado, and Utah) as computed and analyzed by Richard Florida in The New Urban Crisis: How Our Cities are Increasing Inequality, Deepening Segregation, and Failing the Middle Class- and What We Can Do About it.
Final Project Report,
2020
University of Texas at Arlington
Final Project Report, David Noyce, Yu (Fred) Song
CTEDD Final Project Reports - Archive
No abstract provided.
The Future Of Work In The Mountain West,
2020
University of Nevada, Las Vegas
The Future Of Work In The Mountain West, Ember Smith, Caitlin Saladino, William E. Brown
Economic Development & Workforce
This Fact Sheet highlights the potential net job growth in the Mountain West states (Nevada, Utah, Arizona, New Mexico, and Colorado) and automation employment implications in each county in the region as detailed in The future of work in America: People and places, today and tomorrow, a report by the McKinsey Global Institute.
How Technology-Based Start-Ups Support U.S. Economic Growth,
2020
University of Nevada, Las Vegas
How Technology-Based Start-Ups Support U.S. Economic Growth, Mary Blankenship, Caitlin Saladino, William E. Brown
Economic Development & Workforce
This Fact Sheet examines the trends of technology-based start-ups within the United States and specific states in the Mountain West (Arizona, Colorado, Nevada, Utah, and New Mexico) across the top 10 technology industries in 2016, using data provided by a report from the Information Technology and Innovation Foundation.
Lessons Learned: Edwin (Ted) Truman,
2020
Yale University
Lessons Learned: Edwin (Ted) Truman, Yasemin Sim Esmen
Journal of Financial Crises
Insights on fighting financial crises from Ted Truman, an expert in responding to the international dimensions of financial crises. Topics include the initial US response to the Global Financial Crisis of 2008-2009 and the utiltiy of issuing Special Drawing Rights (SDR).
Lessons Learned: Ray Dalio,
2020
Yale School of Management
Lessons Learned: Ray Dalio, Andrew Metrick, Rosalind Z. Wiggins, Kaleb B. Nygaard
Journal of Financial Crises
Insights from a discussion with Ray Dalio, Founder, Chairman, and Co-Chief Investment Officer of Bridgewater Associates, one of the largest hedge funds in the world. Topics range from monetary policy to communications strategy when responding to a financial crisis.
Basel Iii G: Shadow Banking And Project Finance,
2020
Yale School of Management
Basel Iii G: Shadow Banking And Project Finance, Christian M. Mcnamara, Andrew Metrick
Journal of Financial Crises
The Net Stable Funding Ratio (NSFR), a liquidity standard introduced by Basel III, seeks to promote a better match between the liquidity of a bank’s assets and the manner in which the bank funds those assets. The NSFR requires banks to maintain a minimum amount of funding deemed “stable” by the Basel framework based on the liquidity of the banks’ assets and activities over a one-year timeframe. One of the areas seen as most affected by this development may be bank participation in project finance for infrastructure development. Since the global demand for infrastructure development remains robust, the shadow banking …
Basel Iii F: Callable Commercial Paper,
2020
Yale School of Management
Basel Iii F: Callable Commercial Paper, Christian M. Mcnamara, Rosalind Bennett, Andrew Metrick
Journal of Financial Crises
One of the Basel Committee on Banking Supervision’s responses to the global financial crisis of 2007-09 was to introduce the Liquidity Coverage Ratio (LCR), a short-term measure that evaluates whether a bank has enough liquidity to meet expected cash outflows during a 30-day stress scenario. One area in which this incentive has already resulted in changed practices is in the market for commercial paper. Banks often provide backup liquidity facilities to the issuers of commercial paper that the issuers can draw upon to repay a maturing issue of commercial paper if they are unable to sell a new issue to …
Basel Iii D: Swiss Finish To Basel Iii,
2020
Yale School of Management
Basel Iii D: Swiss Finish To Basel Iii, Christian M. Mcnamara, Natalia Tente, Andrew Metrick
Journal of Financial Crises
After the Basel Committee on Banking Supervision (BCBS) introduced the Basel III framework in 2010, individual countries confronted the question of how best to implement the framework given their unique circumstances. Switzerland, with a banking industry that is both heavily concentrated and very large relative to the size of its overall economy, faced a special challenge. It ultimately adopted what is sometimes referred to as the “Swiss Finish” to Basel III—enhanced requirements applicable to Switzerland’s “too-big-to-fail” banks Credit Suisse and UBS that go beyond the base requirements established by the BCBS. Yet the prominent role played by relatively new contingent …
Basel Iii B: Basel Iii Overview,
2020
Yale School of Management
Basel Iii B: Basel Iii Overview, Christian M. Mcnamara, Michael Wedow, Andrew Metrick
Journal of Financial Crises
In the wake of the financial crisis of 2007-09, the Basel Committee on Banking Supervision (BCBS) faced the critical task of diagnosing what went wrong and then updating regulatory standards aimed at preventing it from occurring again. In seeking to strengthen the microprudential regulation associated with the earlier Basel Accords while also adding a macroprudential overlay, Basel III consists of proposals in three main areas intended to address 1) capital reform, 2) liquidity standards, and 3) systemic risk and interconnectedness. This case considers the causes of the 2007-09 financial crisis and what they suggest about weaknesses in the Basel regime …
Basel Iii A: Regulatory History,
2020
Yale School of Management
Basel Iii A: Regulatory History, Christian M. Mcnamara, Thomas Piontek, Andrew Metrick
Journal of Financial Crises
From the earliest efforts to mandate the amount of capital banks must maintain, regulators have grappled with how best to accomplish this task. Until the 1980s, regulation had been based largely on discretion and judgment. In the wake of two bank failures, the central bank governors of the G10 countries established the Basel Committee on Banking Supervision (BCBS) and in 1988, the BCBS introduced a capital measurement system, Basel I. The system represented a triumph of the fixed numerical approach, however, critics worried that it was too blunt an instrument. In 1999, the BCBS issued Basel II, a proposal to …
Jpmorgan Chase London Whale Z: Background & Overview,
2020
Yale School of Management
Jpmorgan Chase London Whale Z: Background & Overview, Arwin G. Zeissler, Rosalind Bennett, Andrew Metrick
Journal of Financial Crises
In December 2011, the Chief Executive Officer and Chief Financial Officer of JPMorgan Chase (JPM) instructed the bank’s Chief Investment Office to reduce the size of its Synthetic Credit Portfolio (SCP) during 2012, so that JPM could decrease its Risk-Weighted Assets as the bank prepared to adopt the impending Basel III bank capital regulations. However, the SCP traders were also told to minimize the trading costs incurred to reduce Risk-Weighted Assets, while still maintaining the opportunity to profit from unexpected corporate bankruptcies. In an attempt to balance these competing objectives, head SCP derivatives trader Bruno Iksil suggested in January 2012 …
