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Relationship Between Real Exchange Rate And Consumption In Nigeria: A Nonlinear Approach, Babangida Jamilu S., Sanusi Aliyu R., Yusuf Isah M. 2024 Ahmadu Bello University, Zaria

Relationship Between Real Exchange Rate And Consumption In Nigeria: A Nonlinear Approach, Babangida Jamilu S., Sanusi Aliyu R., Yusuf Isah M.

CBN Journal of Applied Statistics (JAS)

This study analyses the relationship between real exchange rate and domestic consumption in Nigeria using the Smooth Transition Autoregressive (STAR) model from 1981Q1 to 2019Q4. Findings show that domestic consumption determines the regime shift in real exchange rate, suggesting a nonlinear linkage with clearly distinct regimes. The lagged exchange rate is shown to have a significant linear effect on the current exchange rate. On the other hand, current foreign consumption is positive but has no significant impact on the exchange rate in the linear part of the model. In the nonlinear part of the model, evidence of a significant negative …


Insurgency, Political Risk, And Foreign Direct Investment Inflows In Nigeria: A Sectorial Analysis, Danjuma Iyaji 2024 University, Biu, Borno State, Nigeria

Insurgency, Political Risk, And Foreign Direct Investment Inflows In Nigeria: A Sectorial Analysis, Danjuma Iyaji

CBN Journal of Applied Statistics (JAS)

This study examines, among others, the effect of terrorism, political violence, corruption, and religious tension on FDI inflows to the banking, construction, manufacturing, oil and gas, and telecommunication sectors in Nigeria. Thus, empirical models were estimated using the fully modified ordinary least squares (FMOLS) technique. The study spans from 2008Q1 to 2017Q4. Findings show that terrorism adversely affects FDI inflow to telecommunication sector, while corruption positively impacts on the oil and gas sector. Thus, this study among other things, recommends the intensification of effort in the war against terrorism and strengthening of relevant anti-graft agencies to adequately fight corruption in …


Impact Of Government Expenditure On Economic Growth In Nigeria, 1970-2019, Aluthge Chandana, Jibir Adamu, Abdu Musa 2024 University of Colombo, Sri Lanka

Impact Of Government Expenditure On Economic Growth In Nigeria, 1970-2019, Aluthge Chandana, Jibir Adamu, Abdu Musa

CBN Journal of Applied Statistics (JAS)

This study investigates the impact of Nigerian government expenditure (disaggregated into capital and recurrent) on economic growth using time series data for the period 1970-2019. The paper employs Autoregressive Distributed Lag (ARDL) model. To ensure robustness of results, the study accounts for structural breaks in the unit root test and the co-integration analysis. The key findings of the study are that capital expenditure has positive and significant impact on economic growth both in the short run and long run while recurrent expenditure does not have significant impact on economic growth both in the short run and long run. The study …


Criticizing The Asset Repatriation Policy For Tax Amnesty In Indonesia: An Interpretive And Comparative Study, Nidya Hapsari 2024 Universitas Indonesia

Criticizing The Asset Repatriation Policy For Tax Amnesty In Indonesia: An Interpretive And Comparative Study, Nidya Hapsari

Jurnal Vokasi Indonesia

Indonesia finds tax amnesty as a reliable funding alternative to develop a sustainable economy. Since 1964, Indonesia has implemented five tax amnesty programs. The latest two programs would offer lower amnesty compensation rates if taxpayers repatriated offshore assets back to Indonesia. However, the tax amnesty repatriation policy merely contributed minimal amounts of repatriated assets and low number of participants. Consequently, it failed to raise sufficient liquidity, fiscal revenues, tax compliance and economic growth. Hence, the study aims to (1) determine the justification and mechanism for the asset repatriation policy and (2) criticize the repatriation policy implementation. Applying interpretive and comparative …


The Strategies Of The Ziswaf Ctarsa Institution In Fundraising And Allocating Ziswaf, Cahyania Nursyabani, Wiwit Musaada, Nurul Huda 2024 University of Indonesia

The Strategies Of The Ziswaf Ctarsa Institution In Fundraising And Allocating Ziswaf, Cahyania Nursyabani, Wiwit Musaada, Nurul Huda

Journal Of Middle East and Islamic Studies

Zakat, infaq, alms, and waqf (ZISWAF) are Islamic social finance instruments that contribute to improving community welfare. On this basis, the CT ARSA Foundation established the ZISWAF CTARSA Institution. This study aims to determine the strategies of the ZISWAF CTARSA Institution in managing ZISWAF funds. The research method used is descriptive-qualitative with a field study approach. The data used came from interviews and literature studies. The results showed that the ZISWAF CTARSA Institution, as a relatively new institution, has successfully managed ZISWAF funds. ZISWAF's fundraising activities have proven to be very effective, both online and offline. The distribution model of …


The Impact Of Fiscal Policy On Macroeconomic Conditions In Pakistan: Insights From A Structural Vector Autoregression Analysis, Sarnaila Sharif, Saima Nawaz 2024 Pakistan Institute of Development Economics, Islamabad

The Impact Of Fiscal Policy On Macroeconomic Conditions In Pakistan: Insights From A Structural Vector Autoregression Analysis, Sarnaila Sharif, Saima Nawaz

Business Review

This article explores the relationship between fiscal policy and macroeconomic conditions in Pakistan using a robust Structural Vector Autoregression (SVAR) model. Since fiscal shock has the tendency to put a constraint on the future path of government spending and taxes, as the intertemporal budget constraint holds. This element has been missed in most of the VAR studies. This study extends Structural Framework by incorporating the dynamic nature of public debt in analyzing fiscal policy shocks. Our investigation focuses on estimating the responses of output, inflation, and debt interest payments to changes in government spending and taxes, while keeping track of …


The Cost Of Prosperity In China, Comparison Of Early Development Differences Between Left-Behind Children And Non-Left-Behind Children In Rural China, Yuchen Zhu 2024 University of San Francisco

The Cost Of Prosperity In China, Comparison Of Early Development Differences Between Left-Behind Children And Non-Left-Behind Children In Rural China, Yuchen Zhu

Master's Theses

This study aims to explore the cognitive development differences between left-behind and non-left-behind children in rural China, specifically in the rural villages of Ya'an City, Sichuan Province. Utilizing cross-sectional data from 570 children aged 0-3 years, the children were categorized based on parental presence into four groups: non-left-behind children (both parents present), left-behind children (both parents absent), left-behind children (mother present), and left-behind children (father present). The cognitive development of these children was assessed using the Bayley Scales of Infant Development's cognitive subscale. Regression analyses were conducted, adjusting for village-level clustering, and controlling for demographic variables such as age in …


Tax Preferences: A Numerical Exercise, Isaac Babatunde Olatunji 2024 University of Windsor

Tax Preferences: A Numerical Exercise, Isaac Babatunde Olatunji

Major Papers

Tax preference focuses on individuals' perception and choice regarding specific tax policies or structure. It examines the extent to which individuals favor certain tax provisions, rates, or exemptions over others. Scholars and researchers have extensively examined tax preference from various perspectives. I performed a numerical exercise on one agent model and two agent model where agents have preferences over consumption, labor supply and tax preferences (dislike of the labor income tax). Under the one agent model there exist one household utility maximization problem and under the two agent model there exist two households with low productive ability and high productive …


Navigating Generosity: A Comparative Analysis Of Charitable Donations Around The Great Recession Of 2008, Micah Blomberg 2024 Skidmore College

Navigating Generosity: A Comparative Analysis Of Charitable Donations Around The Great Recession Of 2008, Micah Blomberg

Economics Student Theses and Capstone Projects

This paper studies donations to non-profit organizations in the US and how they reacted to The Great Recession of 2008. I find statistically significant drop-offs in multiple donative subcategories, including religion, education, human services, public society benefits, and arts, culture, and humanities, making up over 50% of total donations. Donation levels after the 2008 crash tend to be slightly downward sticky, meaning the rate of increase is larger after the treatment effect. These increased rates of return allow for market correction post-recession but still reveal a deadweight loss when comparing trends in OLS betas before and after the recession, meaning …


State Antitrust Enforcement: Politics Or Economics?, Nickolas Remish 2024 University of Mary Washington

State Antitrust Enforcement: Politics Or Economics?, Nickolas Remish

Student Research Submissions

Antitrust enforcement on the federal level has clear partisan influences; Democrats usually support expansive enforcement regimes while Republicans oppose them. On the state level, the ideological divide appears muddled. State attorneys general, who are mostly elected officials, are responsible for initiating lawsuits. This study seeks to determine whether state attorneys general mirror their federal counterpart in enforcing antitrust law on a partisan basis or whether unique state variables such as economic factors overwhelm ideological motivations. Public choice theory dictates politicians prioritize re-election and will adhere to constituent interest, thus providing the theoretical foundation for why politicians may tailor antitrust enforcement …


Presidential Influence On The Bureaucracy: The Curious Case Of Lina Khan, Nickolas Remish 2024 University of Mary Washington

Presidential Influence On The Bureaucracy: The Curious Case Of Lina Khan, Nickolas Remish

Student Research Submissions

How effective can a president be in promoting his or her policies through the bureaucracy? Most theories postulate the president has influence – via appointees, budgeting, and executive orders. This paper unpacks the president’s influence on the bureaucracy by analyzing President Biden’s effect on antitrust, particularly with regards to addressing labor concerns. Biden appears to depart from previous presidential administrations due to his heightened emphasis on labor’s need for protection and antitrust law as the optimal vehicle for helping workers. The data, pulled from federal and state court antitrust cases since 2000, relies on textual analysis with regards to the …


The Effects Of Snap’S Abawd Work Requirement On Food Security And Work Outcomes, Thomas Cronin 2024 William & Mary

The Effects Of Snap’S Abawd Work Requirement On Food Security And Work Outcomes, Thomas Cronin

Undergraduate Honors Theses

The Supplemental Nutrition Assistance Program (SNAP) is the leading anti-hunger government assistance program in the United States. Included in SNAP is an 80 hour per month work requirement on Able-Bodied Adults Without Dependents (ABAWDs), designed to counteract the work disincentives that are inherent to the program’s means-tested nature. In this paper, I leverage a two-way fixed effects triple differences model and ample variation in the policy’s implementation from temporary waivers in high-unemployment areas to estimate the ABAWD work requirement’s effects on low-income ABAWDs’ food security and work outcomes. I find that the work requirement is associated with substantial increases in …


Topics In Energy, Trade And Environmental, And Public Economics, Ivan Peter Anich 2024 University of Tennessee, Knoxville

Topics In Energy, Trade And Environmental, And Public Economics, Ivan Peter Anich

Doctoral Dissertations

This dissertation consists of three papers, one each in energy economics, the environment and trade, and public economics. The first chapter generalizes the classical concept of the Lindahl allocation, a normative standard by which a theoretical provision of public goods is judged. The generalization, called a Generalized Lindahl Equilibrium (GLE), requires a personalized tax schedule to be assigned to each consumer, rather than a single personalized tax. This allows for non-linear taxation, redistribution of consumer surplus, and a more `just' provision of public goods. The second chapter studies how trade policy and environmental policy affect the timing of adoption of …


Essays On The Economics Of Federal Programs, Diego A. Guerrero 2024 University of Tennessee, Knoxville

Essays On The Economics Of Federal Programs, Diego A. Guerrero

Doctoral Dissertations

This dissertation consists of three essays in public economics and the political economy of the public sector. The document contributes empirical evidence on the impact of public policies on households, firms, and government. This first essay revisits the evidence on the intergenerational effects of the earned income tax credit (EITC) on the adult income of individuals who received the tax credit during childhood. The empirical strategy exploits formulaic changes localized across socioeconomic status in the tax schedule, and finds that tax credit transfers during early childhood increase adult income between 1.7 and 2.7 percent per \$1,000. Furthermore, the paper links …


Impact Of Snap On Food Insecurity: A Michigan And Indiana Case Study, Cecelia Chapleau 2024 Western Michigan University

Impact Of Snap On Food Insecurity: A Michigan And Indiana Case Study, Cecelia Chapleau

Honors Theses

Food insecurity is one of the most pervasive and concerning problems in the United States. Approximately 1 in every 13 households within the United States was food insecure at some point during 2022 (Rabbitt et al., 2023) Food insecurity occurs when households have a limited ability to access nutritious foods, there is a limited supply of safe, healthy foods, or they are unable to obtain food in socially acceptable ways (Anderson, 1990). Low food security is associated with adverse health outcomes like type 2 diabetes, cardiovascular disease, and poor mental health, which contributes to the severity of the problem (Thomas …


Searching Govinfo.Gov/, Bert Chapman 2024 Purdue University

Searching Govinfo.Gov/, Bert Chapman

Libraries Faculty and Staff Presentations

This U.S. Government Publishing Office (GPO) database provides access to information legal, legislative, and regulatory information produced on multiple subjects by the U.S. Government. Content includes congressional bills, congressional committee hearings and prints (studies), reports on legislation, the text of laws, regulations, and executive orders and multiple U.S. Government information resources covering subjects from accounting to zoology.


Horizontal Economic Inequality And Mass Atrocity Risk: A Large-Sample Empirical Inquiry, Charles H. Anderton, Roxane A. Anderton 2024 College of the Holy Cross

Horizontal Economic Inequality And Mass Atrocity Risk: A Large-Sample Empirical Inquiry, Charles H. Anderton, Roxane A. Anderton

Genocide Studies and Prevention: An International Journal

Our research question is: Does inter-group horizontal economic inequality elevate state-perpetrated mass atrocity risk? Theoretical perspectives in genocide studies show how economic and other forms of discrimination against ethnic or religious groups can elevate the risk of government violence against them. Among the approximately five dozen large-sample empirical studies of mass atrocity risk, only a few consider the effects of economic discrimination. Moreover, no large-sample empirical studies, to the best of our knowledge, test hypotheses related to how inter-group horizontal economic inequalities (as distinct from vertical economic inequalities based on GINI coefficients or quantile income or wealth measures) affect mass …


Divided By Design? Urban Renewal’S Differential Impacts On Economic Outcomes By Race, Derik Suria 2024 Claremont Colleges

Divided By Design? Urban Renewal’S Differential Impacts On Economic Outcomes By Race, Derik Suria

CMC Senior Theses

I study city-level effects of the federally and state-sponsored urban renewal program that aimed to improve living conditions for residents in blighted areas and slums. I use an interdisciplinary approach to estimate urban renewal effects on measures of income, property value, poverty, and employment. I first replicate the methodology and estimates of urban renewal effects on city outcomes in 1980 from Slum Clearance and Urban Renewal in the United States (Collins and Shester 2013). I extend this research by looking at a longer time horizon (1990, 2000, 2010) and incorporating race-based outcomes. From 1980 to 2010, estimated effects on property …


Three Essays In Urban, Health And Public Economics, Dinushka Paranavitana 2024 West Virginia University

Three Essays In Urban, Health And Public Economics, Dinushka Paranavitana

Graduate Theses, Dissertations, and Problem Reports

This dissertation “Three Essays in Urban, Health and Public Economics” contains three chapters which explore urban, health and public economics. The first two chapters focus on examining the unexpected consequences of urban and health related policies, while the third chapter explores the nuanced relationships between health policies and religion. The first chapter examines the impact of NFL and NBA games, beyond the reach of stadium walls and arenas, extending to how it affects driver behavior after games. In this paper I analyze how game outcomes for professional level football and basketball games have an impact on affecting the rate of …


Cap-And-Trade And Air Quality: Which Communities Benefit The Most?, Nicole Bobbs 2024 The University of Akron

Cap-And-Trade And Air Quality: Which Communities Benefit The Most?, Nicole Bobbs

Williams Honors College, Honors Research Projects

Air Quality significantly impacts public health, particularly for individuals with respiratory issues. Cap-and-trade (CAT) programs aim to mitigate emissions, focusing on greenhouse gases to improve air quality. This paper evaluated the long-run effectiveness of CAT programs, comparing multi-sector and single-sector initiatives, and their impact on air quality across counties with varying economic statuses. Using a difference-in-difference approach, comprehensive data spanning recent years up to 2023 is analyzed. The dataset includes air quality measures, population, personal income, average temperature, precipitation, and vehicle registrations enabling a thorough examination of the programs’ effects. Results reveal a complex relationship. Both programs’ initiatives create a …


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