Financial Development and Economic Growth at Different Income Levels

By Cody Kallen. Washington University of St. Louis.

This paper examines the effects of financial development on growth rates using a sample of countries at different points in time, with the observation for each country beginning at the year it reaches a GDP per capita of $10,000 in constant 2005 dollars. Continue reading Financial Development and Economic Growth at Different Income Levels

Probit Analysis of Non-Ferrous Metals as Leading Indicators: Testing Industrial Metal Prices in a Binary-Response Model of Pre-Crisis Thailand, 1997

By Admund Tay. New York University.

There is a large body of scholarship in circulation… Continue reading Probit Analysis of Non-Ferrous Metals as Leading Indicators: Testing Industrial Metal Prices in a Binary-Response Model of Pre-Crisis Thailand, 1997

Contraception Employed: Using Economic Models to Predict the Effect of Employment on Condom Usage in Brazil

By Seth M. Morokoff. Princeton University.

Two separate theoretical frameworks suggest that employment may have a negative di- rectional effect on the probability of condom usage in the developing world. Continue reading Contraception Employed: Using Economic Models to Predict the Effect of Employment on Condom Usage in Brazil

Creating the McUniverse: McDonald’s Source of Power in Foreign Markets

By Sarah Scharf. Stanford University.

This paper explores McDonald’s transformation from a small town burger joint to the poster child for globalization and economic development abroad. To gain its position as one of the few truly global companies, McDonald’s has exploited… Continue reading Creating the McUniverse: McDonald’s Source of Power in Foreign Markets