Deciphering Chinese Financing To African Countries
By Gwen Geng The paper considers what attracts Chinese aid and Chinese investment to African countries and what kinds of Chinese financing projects are more likely to have unrevealed financing amount. The main database used is AidData: China’s Official Finance to Africa 2000-2012. It contains 2356 Chinese financing projects to 50 African countries. The results […]
Protecting Long Term Human Capital in a Financial Crisis: Evidence from the Indonesian Family Life Survey
by Sachet Bangia Abstract The East Asian Financial crisis of the late nineties made its way to Indonesia in January 1998. Using longitudinal data from the Indonesian Family Life Survey (1993-2015), this paper studies the impact of the crisis on education attainment. In the midst of economic upheaval, households with liquid assets at hand, particularly […]
Japan’s Furusato Nouzei (Hometown Tax): Which Areas Get How Much, and Is It Really Working?
by Kay Hasegawa Abstract In 2015, 7,260,093 individuals donated a total of ¥165,291,021,000 (approximately 1.5 billion USD total) to 1,741 municipalities in Japan using the furusato nouzei system (Ministry of Internal Affairs and Communications). In this paper, I examine this system in two ways. Firstly, I predict the amount of donations each municipality receives based […]
The Effects of Religion and Patriarchal Norms on Female Labor Force Participation
by Chidinma Hannah Nnoromele Abstract This paper provides an empirical study of the influence of religion, religiosity, and patriarchal norms on female labor force participation across 40 countries. Using micro-level data from the International Social Survey Programme (ISSP) 2012: “Family and Changing Gender Roles IV and macro-level data from World Bank Group’s Women, Business, and […]
Team Payroll Versus Performance in Professional Sports: Is Increased Spending Associated with Greater Success?
by Grant Shorin Abstract Professional sports are a billion-dollar industry, with player salaries accounting for the largest expenditure. Comparing results between the four major North American leagues (MLB, NBA, NHL, and NFL) and examining data from 1995 through 2015, this paper seeks to answer the following question: do teams that have higher payrolls achieve greater […]
A Brief Review and Analysis of Spectrum Auctions in Canada
by Martínez-Cid, Wenfei Jiao, and Zeren Zhang Abstract We begin by explaining the importance of efficient spectrum allocation and reviewing Canada’s recent spectrum allocation history. We then use a dataset covering more than 1,200 licenses auctioned from 2001 to 2015 that seeks to account for each auction’s particular rules. Our results confirm that measures of […]
Determinants of Franchise Value in the National Basketball Association
By Matthew Van Liedekerke Franchise values in the National Basketball Association (NBA) have more than tripled over the last five years, with the average franchise worth $1.36 billion. Using panel data on NBA franchises between 2009 and 2016, this paper finds that market, performance, star players, and brand are significant determinants of franchise value at […]
Macroeconomic and Capital Market Determinants of Venture Capital Investment
By Jeffrey Zeren This thesis explores the impact of macroeconomic, equity and credit market conditions on venture capital investment. The theoretical methodology outlines the logical foundation that supports the relationships between each explanatory variable and the supply and demand of venture financing. The hypotheses suggested by theory are tested using five multi-vector ordinary least squares […]
The Neighborhood Effect on Health Outcomes for Women in Urban India
By Priyanka Venkannagari The paper uses 2011 Indian Human Development Survey data to assess the impact of 5 categories of variables on health outcomes. It uses OLS models, interaction terms, instrumental variable models, fixed effects and random effects to investigate the existence of a neighborhood effect on health outcomes for women in urban India. This […]
The Puzzle of Mobile Money Markets: An Example of Goldilocks Conditions
By Ricardo Martínez-Cid and Gonzalo Pernas This paper investigates the supply-side and demand-side factors that explain the success of mobile money markets. Namely, we argue that there exists a set of Goldilocks conditions that best supports mobile money services. A population must have exposure to financial services to understand mobile money and have a high […]
