Economic Policy Commons^™

For The People: Popular Financial Reporting Practices Of Local Governments, Juita-Elena (Wie) Yusuf, Meagan M. Jordan, Katharine A. Neill, Merl Hackbart

School of Public Service Faculty Publications

Popular financial reports are reports distributed to citizens and other interested parties who lack a background in formal government financial reporting but who desire an overview of the government’s financial status and activities. This paper examines the current state of local government popular financial reporting in the U.S. The results of a survey of large cities and counties indicate that 75 percent of these local governments have issued popular financial reports and that the types of reports and methods of distribution vary. Many of the reasons for providing popular reports relate to providing information and improving transparency and accountability by …

Demographic Analysis Of Recovery Act Supported Jobs In Massachusetts, Quarters 1 And 2, 2011: Final Report, Carol Hardy-Fanta, Monica Lamboy, David Merwin, Paige Ransford, Meryl Thomson, Christian Weller

Publications from the Center for Women in Politics and Public Policy

Since 2009, researchers have analyzed the economic and employment impact of ARRA spending and tax policies. The current report is possible due to the efforts of Massachusetts policymakers who went beyond federal reporting requirements to require additional reporting on the number of workers who received ARRA-funded pay. ARRA workers’ demographic characteristics were also collected as part of the Massachusetts’ ARRA reporting requirements to allow for transparency and determine the fiscal policy’s impact on the state and local economy. The Massachusetts Recovery and Reinvestment Office (MassRRO) makes available much of these data on their website (www.mass. gov/recovery), including highlights for each …

The Minimum Wage, Decent Wages, And Time Sovereignty In The European Union, Kathleen A. Ragon

Student Publications

The minimum wage is a legally mandated relationship between money and time. Traditionally, studies of the minimum wage have focused on the money side of this relationship (e.g. how much do minimum wage workers earn) while ignoring its temporal aspects (e.g. how long someone has to work to receive a particular income). This is a significant oversight because it overlooks the temporal investments that minimum wage workers must make in order to achieve a specific sum of money (e.g. there is a significant temporal difference if a minimum wage worker can achieve an income above a poverty threshold by working …

Fossil Fuel Subsidies: Impacts And Reform Strategies, Jennifer E. Good

CMC Senior Theses

This thesis uses cross-country panel regressions to identify the effects of fossil-fuel subsidies for both oil importers and oil exporters on GDP growth, industry growth, crowding out of government expenditures in education, health, and infrastructure, government debt, carbon dioxide emissions, inequality and poverty. Fossil-fuel subsidies are found to be associated with lower levels of growth and industry growth, less government expenditure on health and education, poorer infrastructure quality, more government debt, and higher rates of carbon dioxide emissions. No relationship is found between fossil fuel subsidies and poverty and inequality. These results confirm the arguments of those that argue that …

The Federal Minimum Wage: The Effects Of The Minimum Wage On The Youth Employment And School Enrollment, Nurlan Kussainov

MPA/MPP/MPFM Capstone Projects

The minimum wage has been a prominent topic of discussion among labor economists. According to Neumark and Wascher, the minimum wage has been a core element of public policy for several decades. The effects of minimum wage were brought back to light during the State of the Union address by President Obama, in which he proposed increasing the minimum wage to $9.00, a 24% increase.

This capstone project contributes to the discussion in determining the effects of the change in minimum wage on the youth population. The study uses aggregate data spanning nineteen years, from 1985 and 1990 to 2007. …

Analyzing The Impacts Of The 2010 World Equestrian Games On The Kentucky Horse Park, Pamela Henderson

MPA/MPP/MPFM Capstone Projects

There has been a growing trend in the United States for governments to invest in infrastructure specifically for sporting events. Proponents believe that arenas and large scale events will lead to economic development in an area. Contrary to this expectation, there is a large body of literature that contends that the economic impact expected from these projects does not generally come to fruition.

Lexington, Kentucky hosted the World Equestrian Games (WEG) in 2010. WEG is an international competition that features equestrian events and is held every four years in between the Summer Olympic Games. In order to prepare for the …

Effects Of Increased Variety On Demand, Pricing, And Welfare, William C. Horrace, Rui Hang, Jeffrey M. Perloff

Center for Policy Research

We use order statistics to analytically derive demand functions when consumers choose from among the varieties of two brands—such as Coke and Pepsi—and an outside good. Soft-drinks have no price variability across varieties within a brand, so traditional demand systems (e.g., mixed logit) are not identified. In contrast, our demand system is identified and can be estimated using a nonlinear instrumental variable estimator. Our demand functions are higher-order polynomials, where the polynomial order is increasing in variety. Because these demand curves have convex and concave sections around an inflection point, firms are more likely to respond and make large price …

Balancing Industrial Concentration And Competition For Economic Development In Asia: Insights From South Korea, China, India, Indonesia And The Philippines, Ronald U. Mendoza, Lai-Lynn Angelica Barcenas, Padmini Mahurkar

Ateneo School of Government Publications

In pursuit of economic growth and development, countries have tried to strike a balance between competition and industrial policies across time. This paper will review the empirical evidence on industrial concentration and its economic correlates (notably firms’ performance as measured by profitability, factor productivity and innovation). It will also analyze how the introduction of competition policies and laws in South Korea, China, India, Indonesia and the Philippines affected industrial concentration. It will examine at what point in their industrialization and economic development these economies implemented these laws and policies. The empirical literature suggests that industrial concentration could exhibit an inverted-U-shaped …

Three Essays On Fiscal Stress And Financial Stability In State Government Finance, James B. Gibson

Theses and Dissertations--Public Policy and Administration

State government finance is a substantial endeavor in the United States. The management of a multitude of revenues and expenditures often involves some level of fiscal stress. In an age of increased public scrutiny, policymakers must be mindful of possible causes of fiscal stress, and the policy options available to mitigate fiscal stress and increase financial stability. This dissertation contains three essays that examine different elements of fiscal stress, and in some cases, the applicable policy responses.

Chapter two examines rainy day funds and their countercyclical goal of reducing recessionary fiscal stress. This essay takes a different approach from much …

Three Essays On Local Government Debt, Robert Greer

Theses and Dissertations--Public Policy and Administration

The local government tax-exempt debt market is a growing, and complex, sector of public finance. As local governments turn to debt financing the factors that contribute to interest costs of that debt have become important considerations for local government officials and politicians. Governance at the local level involves a network of overlapping governments some of which share a tax base. This system of overlapping governments that share a tax base are subject to externalities that arise from taxation, expenditures, and debt. These externalities are usually analyzed in terms of tax or expenditure reactions, but there are implications for local government …

The Rising Digital Missile Gap: The Security Threat Of The United States’ Cyber Inactivity, Christian Pedersen

Pepperdine Policy Review

Over the past two decades, the ubiquitousness of the internet has created new reals in which artistic expression, dialogue, and commerce have flourished. Yet the same technologies which bring about the conveniences of the modern age also carry the greatest threats to international security over the next few decades. Defense strategies and security protocols have failed to evolve at the same rate at which internet technologies have grown. While the eminence and complexity of cyber-attacks continues to be debatable, the fact remains that networks are vulnerable to attack by both foreign governments and non-state actors. Unless definitive and aggressive steps …

Managing The Polarities Of Democracy: A Theoretical Framework For Positive Social Change, William J. Benet

Journal of Sustainable Social Impact

People around the globe have embraced democracy to bring about positive social change to address our environmental, economic, and militaristic challenges. Yet, there is no agreement on a definition of democracy that can guide social change efforts. The Polarities of Democracy model is a unifying theory of democracy to guide healthy, sustainable, and just social change efforts. The Polarities of Democracy model consists of ten elements, organized as five polarity pairs: freedom & authority, justice & due process, diversity & equality, human-rights & communal-obligations, and participation & representation. In this model each element has positive aspects and negative aspects and …

A Changing Federal-State Balance In Unemployment Insurance?, Christopher J. O'Leary

Employment Research Newsletter

No abstract provided.

Economic Development For Bloomingdale, Brad Carr

Georgia Municipal Association Practicum (2013-2022)

No abstract provided.

A Tale Of Two Superpowers: Nigeria And China Relations, Faouziatou Aboudou Kabassi

Master's Theses

The study discusses the historical development of the Sino-Nigerian bilateral relations. The paper provides a detailed view of china's FDI in Nigeria and the diverse challenges faced by the oil rich country to develop its own economy through NEEDS as a result of china's economic power. China’s partnership with Nigeria is ideally for economic growth but practically poisonous to Nigeria’s development goals as China is solely pursuing its own interest and diverting its partner from working toward its NEEDS goal. A deep investigation of the relations should be reviewed for both countries. This will be needed to produce vital economic …

Struggling Recovery And Economic Policy Uncertainty: Testimony Before The Joint Revenue Hearing, House And Senate Ways And Means Committees, Massachusetts State House, Boston, Ma, Christian Weller

Public Policy and Public Affairs Faculty Publication Series

The U.S. economy is in the fourth year of a recovery that started in June 2009. The fact that the economy is in recovery, even modestly, is something of a miracle given how stacked the deck is against it.

This is absolutely unique in American economic history: There has never been a recovery without the housing market expanding substantially as well; There has never been a recovery with state and local governments shrinking for three years in a row; There has never been a recovery with households owing, on average, well more than 100 percent of their after-tax income in …

The Future Of State And Local Economic Development Policy: What Research Is Needed?, Timothy J. Bartik

Presentations

No abstract provided.

Sustainable Municipal Operations: Independence, Oregon, Portland State University. Hatfield School Of Government. Center For Public Service, Ed Gallagher, Dave Rouse, Dennis Kurtz, Tanya Johnston

Center for Public Service Publications and Reports

Portland State University, Hatfield School of Government (PSU), and Northwest Energy Efficiency Alliance (NEEA), has formed a partnership to develop Sustainable Municipal Operations Plans that documents sustainability and energy management best practices. The goal of this partnership is to determine how a City/municipality can actively manage energy as a controllable expense by following a predetermined operation protocol. The PSU team developed a framework of best practices for sustainable municipal operations in different categories including facilities, fleet, purchasing, operations and the work environment. After identifying pilot jurisdictions, the team applied these best practices to the current operations of local governments in …

Sustainable County Operations: Yamhill County, Oregon, Portland State University. Hatfield School Of Government. Center For Public Service, Ed Gallagher, Dave Rouse, Dennis Kurtz, Tanya Johnston

Center for Public Service Publications and Reports

Portland State University, Hatfield School of Government (PSU), and Northwest Energy Efficiency Alliance (NEEA), has formed a partnership to develop Sustainable Municipal Operations Plans that documents sustainability and energy management best practices. The goal of this partnership is to determine how a county/municipality can actively manage energy as a controllable expense by following a predetermined operation protocol. The PSU team developed a framework of best practices for sustainable municipal operations in different categories including facilities, fleet, purchasing, operations and the work environment. After identifying pilot jurisdictions, the team applied these best practices to the current operations of local governments in …

Mountain Monitor-3rd Quarter 2012, Mark Muro, Kenan Fikri

Mountain Monitor Quarterly

The major metropolitan areas of the Intermountain West finally put the housing bust behind them in the third quarter of 2012 and in most places made solid progress. House prices rose in all 10 major metropolitan markets in the months from June to September for the first time since the recession began. Likewise, output growth accelerated and the unemployment rate continued to fall. Unfortunately none of this prevented the region’s already feeble jobs recovery from slowing.