Noise is an environmental issue uniquely harmful to public welfare but essential to a well-functioning modern economy. Given the prevalence of noise especially in urban soundscapes, noise pollution has been recognized as a negative externality and an environmental stressor and thus has become an issue in public policy. Yet, as...
Scholars posit that the successful consolidation of post-communist Central and Eastern European democracies can be linked to their subsequent accession to the European Union (EU). This led observers to assume that the continued democratization of Hungarian society was assured due to their integration into EU institutions. However, since the 2010...
Due to the current cultural paradigm that incorporates the desire to be environmentally friendly and mitigate rising fuel costs, arguments about the cost of public transit systems, ridership rates, and methods to increase use are frequent topics of public policy concern. In response to these cultural and economic concerns, the...
The negative effects of poverty on childhood academic outcomes are well documented by current research. Children in poverty experience pronounced positive effects of familial involvement on these same academic outcomes. Unfortunately children in poverty experience low levels of familial involvement. Current familial involvement policy is centered in the school environment....
From an organizational perspective, economic incentives are often used as a tool to induce behaviors which align the goals of individuals with the organization. As a fundamental concept, varied types of merit pay have been utilized to keep organizational and individual motives in sync. This can be illustrated in contracts...
Electricity is a vital energy source for modern life, and is used in almost every aspect of daily life. United States electricity consumption totaled nearly 3,886,403 gigawatt hours in 2011. Residential electricity consumption accounts for 37 percent of total electricity consumption in the United States. Between 1990 and 2007, the...
A considerable amount of research and literature exists that attempt to explain the policymaking processes of central banks and, in particular, the Federal Reserve Bank (FRB). As with those studies, the purpose of this study is to explain FRB policymaking in order to understand FRB policy shifts during financial crises....
The Bolivian government is using a portion of the rent generated from its fossil fuel reserves to fund unconditional cash transfers as a means of redistributing resources. Although some countries have enacted conditional cash transfers in the past, these unconditional transfers are unique since they only have been implemented in...
MSME development has emerged at the forefront of economic policy, with the majority of policy mechanisms aimed at creating the regulatory and institutional environments, which have historically proven to augment entrepreneurial activity. In the case of Europe a large portion of entrepreneurial policy resides within the European Community framework, however...
This paper investigates the potential welfare gains resulting from variable parking fees in the presence of heterogeneous agents. We begin by defining a modified linear city model with two lots located at separate distances from a central business district, and two types of agents with heterogeneous values of time. Agents...
Assisted living facilities represent a large portion of the long-term care facilities in the United States. Although there are not uniform policies regulating assisted living facilities, debates on the best way to ensure adequate staffing center on two approaches: required ratios or acuity-based staffing. The purpose of this study is...
This essay evaluates the effectiveness of NGO strategies to promote program sustainability using a case study of two NGOs that install biosand water filters in Cambodia. While the ownership-focused strategy of cost-sharing is the most commonly used and studied, there is evidence to suggest that certain more neglected strategies can...
In this paper, I estimate efficiency and productivity change in the U.S. banking industry. The data consist of annual observations of 25 banks from 2004 to 2008. The paper follows a two-stage procedure. In the first-stage, utilizing the non-parametric methodologies, input-oriented Data Envelopment Analysis (DEA) model and DEA based Malmquist...
This dissertation addresses issues of strategic behavior of firms in oligopoly markets. In the first study we analyze how generic advertising affects brand advertising and firm profits in differentiated oligopoly markets. We develop two models, one with vertical differentiation and another with horizontal differentiation. In the case of vertical differentiation,...
Improving access to and uptake of antenatal care remains a persistent challenge for India. It is a far greater challenge for an underdeveloped, poorer and mostly rural state like Bihar. The 2015-16 National Family Health Survey (NFHS-IV) of India reported that only 3% pregnant women in rural Bihar utilized full...
This dissertation is composed of two self-contained essays, which examine two
different factors that could affect human capital accumulation in a developing country.
Both essays utilize cross-sectional data from the second round (2003/04) of national level
household survey from Nepal.
In the first essay, I estimate the impact of remittances...
This paper empirically examines the effects of population aging on international trade using a cross-country panel data set for a select group of 22 OECD countries. Other recent studies have examined the effects of population age on other economic variables such as growth, savings, and investment but none till now...
This dissertation focuses on the behavior of security returns around certain events that occurred in the Saudi stock market. In the first study, we measure and analyze the reaction of security returns around a major horizontal merger that occurred in the banking industry in Saudi Arabia. The objective of this...
This dissertation addresses issues concerning the behavior of firms, which has significant effects on performance. In the first study, we empirically investigate the effect of the reduction in number of firms on price competition in the U.S. macro-brewing industry. The number of macro brewing firms decreased from 766 in 1935...