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Articles 1 - 30 of 32

Full-Text Articles in Political Economy

Summary: Economic Return Of Nation Brands, David J. Reibstein Sep 2019

Summary: Economic Return Of Nation Brands, David J. Reibstein

Wharton PPI B-School for Public Policy Seminar Summaries

It is generally considered good business practice for a company to invest in its brand. A positive brand image typically results in a more loyal customer base and an overall increase in profit. Likewise, nations have brands, and the reputation of a country has an economic impact on its gross domestic product (GDP).


Summary: Effects Of The Us Worldwide Tax Regime On Domestic Investment, Jennifer L. Blouin Sep 2019

Summary: Effects Of The Us Worldwide Tax Regime On Domestic Investment, Jennifer L. Blouin

Wharton PPI B-School for Public Policy Seminar Summaries

There are two basic systems for international corporate taxation. The US operates under a worldwide taxation system, in which the US government asserts its right to tax the global income of US resident corporations, whether that income is earned within the US or outside it. The US is the only G7 nation that maintains such a tax system. The majority of other nations in the world use a territorial taxation regime. A territorial regime embodies a source-based system where countries only tax business activity that happens within their borders. This summary of Professor Jennifer Blouin's B-School Seminar, focuses on ...


Improving Future Policy Responses To Foreseeable Bank Risk-Taking, Joao F. Gomes, Marco Grotteria, Jessica A. Wachter Sep 2019

Improving Future Policy Responses To Foreseeable Bank Risk-Taking, Joao F. Gomes, Marco Grotteria, Jessica A. Wachter

Wharton Public Policy Initiative Issue Briefs

This brief offers new perspectives on the behavior of banks during the financial crisis of 2007-08 and the limited success of unconventional monetary policies in stimulating bank credit to the private sector during the subsequent economic recovery. The common narrative about the financial crisis is that it was caused by a large credit expansion with overly risky loan-granting behavior by banks. We argue, however, that banks actually made optimal financial decisions in the lead-up to the crisis, based on their calculation of their franchise value. The brief explains the mechanics of franchise value—how it led banks to shift their ...


Analyzing The Impact Of Educational Attainment On Subpar Income Dynamics In Appalachia, Noah Katcher Jan 2019

Analyzing The Impact Of Educational Attainment On Subpar Income Dynamics In Appalachia, Noah Katcher

Joseph Wharton Scholars

This thesis analyzes the relationship between educational attainment and individual economic outcomes throughout the 420 counties of the Appalachian region of the United States. In doing so, this thesis seeks to better understand the impact of education on a region whose income dynamics have lagged significantly behind the rest of the United States for over a half-century. Initial analysis finds that Appalachian counties’ incomes per capita lag consistently behind the remainder of the United States, although they receive similar levels of supplementary income benefits. In general, educational attainment, income and income maintenance benefits have all risen over time across the ...


Philadelphia 1772 Tax List (Complete) Matched With 1775 Constables Returns, Billy G. Smith, Gary B. Nash Dec 2018

Philadelphia 1772 Tax List (Complete) Matched With 1775 Constables Returns, Billy G. Smith, Gary B. Nash

The Magazine of Early American Datasets (MEAD)

This dataset contains Everyone on THE 1772 TAX LIST FOR PHILADELPHIA (10 WARDS) & Suburbs (NORTHERN LIBERTIES AND SOUTHWARK). Also included is information from “matching” taxpayers with a sample of 50% of the 1775 Constables Return from Philadelphia. Added to the 1772 tax list is information for taxpayers who also received assistance from various agencies for whom records are still extant. (Project 50)


The Missing Pieces Of The Economic Debate Over Immigration Reform, Exequiel Hernandez Aug 2018

The Missing Pieces Of The Economic Debate Over Immigration Reform, Exequiel Hernandez

Wharton Public Policy Initiative Issue Briefs

To the extent that immigration reform is discussed in terms of economics, the debate tends to focus exclusively on labor issues-specifically, how immigrants affect jobs and wages for native citizens. But to understand the economic effects of immigration, and thus develop sounder policies, policymakers need to consider how immigration affects all three core components of economic growth: not just labor, but capital and innovation too.

In the Penn Wharton Public Policy Brief, "The Missing Pieces of the Economic Debate Over Immigration Reform/whr.tn/2vmKbK8>," Professor Exequiel Hernandez discusses new research showing that immigration produces gains for the U.S ...


Critical Theory And Social Media: Alternatives And The New Sensibility, Philippe E. Becker Marcano May 2018

Critical Theory And Social Media: Alternatives And The New Sensibility, Philippe E. Becker Marcano

Honors Theses (PPE)

Social media platforms are technological communication tools that dominate our social relationships. As we increasingly notice how little control we have over these platforms and how much influence they have on our behavior, the search for alternatives becomes even more pressing. Critical theory is a practical and theoretical framework we can use to develop a qualitative critique of social media platforms, in extension to the large body of work that addresses the quantitatively measurable effects of the platforms. The internet was originally conceived as a space that would open a more communitarian future, but now it has been reduced to ...


Interactions Between Non-Discrimination Laws And Socioeconomic Status Of Sexual Minorities, Nicholas Carrino May 2018

Interactions Between Non-Discrimination Laws And Socioeconomic Status Of Sexual Minorities, Nicholas Carrino

Honors Theses (PPE)

At its core, this project analyzes the interactions between state non-discrimination laws and the socioeconomic status of same-sex households in the United States. There is a large body of work examining the earnings gap for sexual minorities, but there is a dearth in studies looking at the effect of such protective laws. Using annual American Community Survey (ACS) data from 2000 to 2016, we examine the personal total income, household income, and unemployment in the ten states experiencing relevant reform. This study has two main findings. First, we confirm that sexual minorities experience substantial earnings differences, finding that lesbian women ...


Do Social Values Trump Economics For Wealthy Voters: An Empirical Analysis Of "Trading And Voting", Michael C. Gurock Jan 2018

Do Social Values Trump Economics For Wealthy Voters: An Empirical Analysis Of "Trading And Voting", Michael C. Gurock

Wharton Research Scholars

Yilmaz and Musto (2003) theorized that with access to equity markets and theoretical election-contingent securities, voters could financially hedge against the outcome of an election so that social values and ideology were the only factors determining their vote. Mattozzi (2008) found that creating a portfolio of such election-contingent securities was realistic. This paper examines if this may be happening in practice by creating an index of economic and social variables within congressional districts compared to the district’s vote for Trump in the election. Looking at wealthier districts where voters are more likely to have investments, I find that only ...


The German Current Account: A Comparison Of American And European Perspectives And Policies, Lauren N. Anders Jan 2017

The German Current Account: A Comparison Of American And European Perspectives And Policies, Lauren N. Anders

Social Impact Research Experience (SIRE)

This paper reviews the components of the current account balance, the historical trends of Germany’s current account, and compares Germany’s current account to others across the world. It then discusses factors contributing to the current account surplus, including savings and investment behaviors, interest rates and the euro, and the gap between exports and imports. After discussing the impact of the surplus on international political relations and the political environment within Germany, this paper then delves into American, European, and German perspectives of the surplus – if it is harmful to the Eurozone and the global economy, and if so ...


Mathew Carey Papers Names Index Database, American Antiquarian Society Sep 2016

Mathew Carey Papers Names Index Database, American Antiquarian Society

The Magazine of Early American Datasets (MEAD)

Mathew Carey (1760-1839), publisher, economist, and humanitarian, was born in Dublin, Ireland. He came to the United States in 1784 after involvement in Irish revolutionary activities and took up his trade as a printer, publishing the Pennsylvania Herald and the periodical, The American Museum. His book publishing ventures prospered and his firm was a leader in American printing and publishing in the period 1795 to 1835. Carey was an active proponent of the protective tariff, as well as an ardent champion of oppressed minorities in Europe, especially after his retirement from business in 1821. His business was thereafter conducted by ...


A Constitutional Political Economy Perspective On The Colonization Of Mars, Shashank Sirivolu Apr 2016

A Constitutional Political Economy Perspective On The Colonization Of Mars, Shashank Sirivolu

Honors Theses (PPE)

NASA has released an account of the agency's plans for a mission to Mars. Private organizations, like SpaceX, too have expressed a goal to visit or, in some cases, even establish settlements on Mars. Yet the prospect of establishing settlements, that is, colonizing - as opposed to simply exploring - raises a number of issues. The focus of this study is on the emergence of institutions and organizations on an extraterrestrial planet like Mars. Specifically, the thesis will explore the conscious design of organizations and institutions of collective action, from the Constitutional Political Economy perspective.


The Planner In Action: China’S Influence As A Developing And Non-Market Economy On The Wto, Lauren Shapiro Apr 2016

The Planner In Action: China’S Influence As A Developing And Non-Market Economy On The Wto, Lauren Shapiro

CUREJ - College Undergraduate Research Electronic Journal

Chinese accession to the World Trade Organization in 2001 forever altered the international economy as it marked the political-economic diversification of international trade negotiations and law. Before the implications of Chinese accession became apparent, scholars predicted that Chinese WTO membership would greatly affect the Organization. While this thesis agrees with this general sentiment, it insists that China’s effect on the WTO is not wholly negative or positive and requires a nuanced, sub-institutional assessment to understand. Qualifying and expanding upon scholars’ pre-2001 predictions, this thesis argues that for the most part, China did not proactively cause instances of institutional weakness ...


A Different Kind Of Restructuring: Forty Years Of Debate And The Prospect Of A Formal International Sovereign Debt Regime, Aidan W. Mcconnell Jan 2016

A Different Kind Of Restructuring: Forty Years Of Debate And The Prospect Of A Formal International Sovereign Debt Regime, Aidan W. Mcconnell

CUREJ - College Undergraduate Research Electronic Journal

This thesis will examine how the organization of creditors and debtors within an ad hoc sovereign debt framework affects the prospect of establishing a formal international mechanism for debt disputes. Since sovereign debtors are not bounded by the same constraints and guarantees as domestic actors, crisis-driven political battles and case-by-case compromises between creditor interests and indebted countries are the ideal building blocks for constructing a picture of the contemporary debt regime. A review of sovereign debt disputes between the 1970s and the present day – corresponding to the North-South Dialogue, the Latin American debt crisis of the 1980s, the International Monetary ...


Pennsylvania And The Clean Power Plan: Towards A 111(D) Compliance Strategy, Benjamin D. Droz Jun 2015

Pennsylvania And The Clean Power Plan: Towards A 111(D) Compliance Strategy, Benjamin D. Droz

Honors Theses (PPE)

The Environmental Protection Agency released its proposed Clean Power Regulation in June 2014, and in mid-summer 2015, the finalized rule will be the first comprehensive regulation of carbon dioxide emissions from existing power plants in American history. Compliance strategies will be expensive and complex decisions for states to make. Each state faces the choice of whether to comply individually or as a region, but posses the freedom to comply in whatever way they choose. Pennsylvania is unique. The commonwealth has an entrenched coal industry, a nascent natural gas industry, and is a net exporter of electricity. Joining the Regional Greenhouse ...


The Case For Studying In-Store Media, Joseph Turow Jan 2014

The Case For Studying In-Store Media, Joseph Turow

Departmental Papers (ASC)

The term “in-store media” refers to displays in retail establishments as diverse as supermarkets, department stores, and specialty clothing boutiques. In many countries these displays are becoming digital and interactive. They tie into people’s hand-held mobile lives, transforming the ways retailers relate to one another and their customers. Yet despite these displays’ longstanding and growing importance, media researchers have neglected in-store phenomena. Indeed, researchers’ scant attention to this type of media has led them to miss out on fascinating developments with potentially important social implications.

This paper aims to encourage research on retailing by suggesting the utility of a ...


Presentation At Penn Urban Studies Colloquium: Delhi, The Invisible City, Kushanava Choudhury, Durba Chattaraj, Moulshri Joshi Oct 2013

Presentation At Penn Urban Studies Colloquium: Delhi, The Invisible City, Kushanava Choudhury, Durba Chattaraj, Moulshri Joshi

Presentations (Social Science Studio)

New Delhi is the capital of India, and a master-planned metropolis. Its unplanned spaces such as Urban Villages, Unauthorized Colonies and Jhuggi Jhopri Clusters tend to be seen as the margins of the planned city. Yet a majority of citizens live and work in these unplanned areas of the city.

For millions of Delhi-ites, the non-planned areas are sources of affordable rental housing as well as employment, as locations for thousands of small businesses and workshops. These spaces and the economies and communities they contain, are connected to the planned city through complex political and economic arrangements. These spaces and ...


Bowling Online: Examining Social Capital And The Impact Of Internet-Generated Interactions, Alon Gur Jan 2012

Bowling Online: Examining Social Capital And The Impact Of Internet-Generated Interactions, Alon Gur

CUREJ - College Undergraduate Research Electronic Journal

Part of who we are is whom we communicate with. That basic premise, that our family and friends affect our own personality, is accepted even in academic treatises that promote nature over nurture as determinants of personality (McCrae & Costa Jr. et al., 2000). Social capital, as a theory, is directly tied to that notion; we build a fund based on friendship and trust and favors – a trust fund, figuratively – and we “invest” in jobs or other relationships for the sake of personal benefit. Harvard Professor Robert Putnam’s 1995 Journal of Democracy paper and the follow-up book, Bowling Alone, hypothesize that America has declining social capital.

Putnam believes in the power of local relationships: "The ...


Forecasting: Expectations, Intentions, And Confidence, David Michael Rothschild May 2011

Forecasting: Expectations, Intentions, And Confidence, David Michael Rothschild

Publicly Accessible Penn Dissertations

All three articles in my dissertation gather information from individuals, analyze it, and aggregate that information into forecasts of upcoming events. The motivation is to make forecasts more efficient (accurate and timely), more versatile (provide the most useful information for each stakeholder), and more economically efficient (equally or more efficient and versatile for less time and/or money). The first article looks at prediction markets and polls and concludes that prediction market-based forecasts are more efficient. The two methods, polling versus prediction markets, vary in four key ways: sample selection (a random sample of representative group versus a self-selected group ...


The Unintended Political Consequences Of Higher Education In The Prc, Allison Carroll Goldman May 2011

The Unintended Political Consequences Of Higher Education In The Prc, Allison Carroll Goldman

CUREJ - College Undergraduate Research Electronic Journal

In the past 10 years, China has grown its higher education sector into the largest in the world. At the same time, growing international integration of Chinese institutions means increasing cross-fertilization of ideas across national borders. While the literature on these developments has focused largely on their economic implications, this study asks what they mean politically. In light of current questions regarding political debate and reform in the Chinese Communist Party, this paper suggests new higher education policies may have important unintended consequences for the future of Chinese political development. As Chinese political leaders continue to reform and adapt policies ...


Drugs And Revolution: The Effect Of Narcotics Revenue On Rebel Group Goals, Gideon Spitzer Apr 2011

Drugs And Revolution: The Effect Of Narcotics Revenue On Rebel Group Goals, Gideon Spitzer

CUREJ - College Undergraduate Research Electronic Journal

This thesis seeks to answer the broad question: how does drug funding affect rebel group goals? More specifically, it explores why rebel groups reliant upon substantial narcotics-related revenue tend to be non-separatist in nature. The thesis tests three cases against five hypotheses in order gain a better understanding of the mechanisms that produce non-separatist goals among drug-funded rebel groups. This includes an examination the development of narcotics-fueled war economies, the role of state weakness in civil war, the reasons for non-separatist conflict perpetuation, as well as the discipline problems that arise as a result of a rebel group’s involvement ...


Grameen Microfinance: An Evaluation Of The Successes And Limitations Of The Grameen Bank, Ana Maria Moreno Aug 2010

Grameen Microfinance: An Evaluation Of The Successes And Limitations Of The Grameen Bank, Ana Maria Moreno

Honors Theses (PPE)

The Grameen Bank has attracted worldwide attention by providing small loans to poor people across rural villages in Bangladesh. In 2006 the Nobel Committee awarded the Grameen Bank and its founder Professor Mohammad Yunus the Nobel Peace Prize for their, “efforts to create economic and social development from below.”[1] The Nobel committee asserted that microfinance is “an important liberating force and an ever more important instrument in the struggle against poverty.”[2] Since then, a global microfinance revolution has emerged and the Grameen Bank has been at the vanguard of this movement, showing the potential to alleviate poverty by ...


Essays On The Information Acquisition Of Doubt-Prone Decision Makers, Larbi Alaoui May 2010

Essays On The Information Acquisition Of Doubt-Prone Decision Makers, Larbi Alaoui

Publicly Accessible Penn Dissertations

There are many situations in which individuals have a choice of whether or not to observe the eventual outcome. In these instances, individuals often prefer to avoid observing the outcome. The standard von Neumann-Morgenstern (vNM) Expected Utility model cannot accommodate these cases, since it does not distinguish between lotteries for which outcomes are observed by the agent and lotteries for which they are not. I develop an axiomatic model that admits preferences for observing the outcome or remaining in doubt. I then use this model to analyze the connection between the agent's attitude towards risk, doubt, and what I ...


A Local Analysis Of Regional Differences In Economic Indicators And Electoral Outcomes, Mukul Sharma May 2010

A Local Analysis Of Regional Differences In Economic Indicators And Electoral Outcomes, Mukul Sharma

CUREJ - College Undergraduate Research Electronic Journal

No abstract provided.


Federal Policy And The Rise In Disability Enrollment: Evidence For The Veterans Affairs’ Disability Compensation Program, Mark Duggan May 2010

Federal Policy And The Rise In Disability Enrollment: Evidence For The Veterans Affairs’ Disability Compensation Program, Mark Duggan

Health Care Management Papers

The U.S. Department of Veterans Affairs compensates 13 percent of the nation’s military veterans for service‐related disabilities through the Disability Compensation (DC) program. In 2001, a legislative change made it easier for Vietnam veterans to receive benefits for diabetes associated with military service. In this paper, we investigate this policy’s effect on DC enrollment and expenditures as well as the behavioral response of potential beneficiaries. Our findings demonstrate that the policy increased DC enrollment by 6 percentage points among Vietnam veterans and that an additional 1.7 percent experienced an increase in their DC benefits, which ...


The Asian Currency Crisis: The Role Of Industrial Policy And Imbalanced Embedded Autonomy, Adrian J. Shin Apr 2010

The Asian Currency Crisis: The Role Of Industrial Policy And Imbalanced Embedded Autonomy, Adrian J. Shin

CUREJ - College Undergraduate Research Electronic Journal

Over the past few decades, East Asian countries achieved unprecedented rates of economic growth. Starting with Japan’s post-World War II economic miracle, followed by South Korea, Taiwan and Singapore, the region raised itself from an abyss of poverty to glorious economic prosperity. The grace of the East Asian model continued with great economic success, only to see its ultimate collapse in the Asian Financial Crisis in the late 1990s. This paper argues that certain sectoral dynamics combined with industrial policy had led to the imbalance of embedded autonomy. This imbalance is accountable for various policy consequences that generated perception ...


A Tale Of Two Economic Developments: Tunisia And Morocco, Steven J. Friedman Apr 2010

A Tale Of Two Economic Developments: Tunisia And Morocco, Steven J. Friedman

CUREJ - College Undergraduate Research Electronic Journal

Morocco and Tunisia have both achieved robust economic growth over the last 30 years by utilizing prudent economic planning and implementation. The World Bank heralds both countries as prime examples of how market-friendly capitalist systems can be implemented over a short period of time with aggressive goals and benefits for many.

The economic policies of Morocco and Tunisia have transformed both from economically challenged debt-burdened nations into technologically advanced, diversified and thriving middle-class nations. From 1962 to the Present Day, Morocco has averaged a GDP growth rate of 5.8% and Tunisia one of 5.1%. To put that in ...


The Flat Tax: An Examination Of The Baltic States, Deena Greenberg Mar 2009

The Flat Tax: An Examination Of The Baltic States, Deena Greenberg

CUREJ - College Undergraduate Research Electronic Journal

The idea of a flat tax, a tax levied at a single rate, has become an increasingly discussed and implemented fiscal strategy across Europe and the rest of the world. Estonia, Latvia, and Lithuania adopted flat tax systems in 1994 and 1995, making them the first modern countries to adopt flat tax structures. They subsequently experienced unprecedented economic growth, shocking the world as they emerged as “Baltic Tigers” at the turn of the century. Russia adopted a flat tax regime in 2001, and more than a dozen countries currently maintain some sort of flat tax structure today. However, the actual ...


"Millions Of Luxurious Citizens": Consumption And Citizenship In The Urban Northeast, 1800-1865, Joanna Cohen Jan 2009

"Millions Of Luxurious Citizens": Consumption And Citizenship In The Urban Northeast, 1800-1865, Joanna Cohen

Publicly Accessible Penn Dissertations

In the century following the American Revolution, culturally powerful middle-class citizens in the northeast slowly abandoned a vision of civic non-consumption that rested on the strength of imperial boycotts and instead converted their consumption of luxury goods and products into a civic act.

This dissertation reveals how these citizens challenged the limitations that a republican vision of political economy placed on consumers in the early republic. Through discussions over taxation, tariff and market regulation, middle-class men and women struggled to define their civic rights and obligations as consumers in a capitalist democracy. As they began to imagine their civic identity ...


Getting Your Politics, Philosophy And Economics Wrong: An Institutional Understanding Of Zimbabwe’S Collapse, Rafael Burde May 2008

Getting Your Politics, Philosophy And Economics Wrong: An Institutional Understanding Of Zimbabwe’S Collapse, Rafael Burde

Honors Theses (PPE)

Once hailed as a triumph for black liberation movements in the region and a role model of peace and productivity, the Republic of Zimbabwe has since the turn of the millennium found itself spiraling into the depths of socio-economic and developmental decay. During such time, the Mugabe administration has tarnished Zimbabwe’s once admirable reputation as the ‘bread basket’ of Southern Africa, as well as the fortunes of the Zimbabwean people. Zimbabwe's current economic and food crises have been described by some observers as one of Africa’s worst humanitarian disasters and a sorrowing case of 21st century ...