BLOG: Three Gap Analysis of Macroeconomic Consistency: A Case Study of the Ecuadorian Economy
By Juan Andres Mesias, The George Washington University
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This paper studies the macroeconomic consistency of the Ecuadorian economy from 2007- 2016. Initially, the paper develops a Three-Gap Model to carry out a basic consistency check on all three macroeconomic accounts, public, private and current accounts. Continue reading BLOG: Three Gap Analysis of Macroeconomic Consistency: A Case Study of the Ecuadorian Economy
BLOG: Northern Rock: The Forgotten Harbinger of the Global Financial Crisis
By Bishoy Megalla, Yale University
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During the early days of 2007, Northern Rock stood as the fifth-largest bank in the United Kingdom by mortgage assets; with £113.5 billion in assets, the bank had grown tremendously from its origins in the twentieth century as a simple building society. Continue reading BLOG: Northern Rock: The Forgotten Harbinger of the Global Financial Crisis
BLOG: How Price and Non-Price Incentives Affect California Water Demand
By Christopher Deranian, University of Maryland, College Park
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Over the past two decades, drought conditions in California have repeatedly threatened freshwater security in the state. Since Governor Jerry Brown declared a state of emergency in 2014, a variety of policies have been enacted to promote water conservation. Continue reading BLOG: How Price and Non-Price Incentives Affect California Water Demand
BLOG: Hebei Province Economic Reforms as a Case Study for China’s Policy Perspective
By Madison Smith, Yale University
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The goal of this paper is to highlight the importance of China implementing economic reforms in order to avoid a sustained slowdown following decades of substantial GDP growth. Continue reading BLOG: Hebei Province Economic Reforms as a Case Study for China’s Policy Perspective
The Efficacy of State-Level PrEP Access Programs: A Tale of Two States
By Noah Zwiefel, Macalester College
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Pre-exposure prophylaxis (PrEP) reinvents what we know about HIV prevention by nearly eliminating the risk that an individual will seroconvert after exposure to HIV. Uptake, however, has been slow in many areas where it would be most beneficial. Continue reading The Efficacy of State-Level PrEP Access Programs: A Tale of Two States
Does Protest Turnout Affect Regulatory Policy?: Anti-Nuclear Energy Protests During the 1970s-90s
By James Sanders, Christopher Dann, Irene Kyoung, Rafae Qazi, Jintao Zhu, and Yihan Zhu, London School of Economics and Bowdoin College
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Our research aims to quantify the impact of protest turnout on legislative change. Specifically, we formulate a two-period model to explain the behaviour of legislators when faced with a variety of protest turnouts and preferences of the median voter. Continue reading Does Protest Turnout Affect Regulatory Policy?: Anti-Nuclear Energy Protests During the 1970s-90s
Regional Approaches to Combating the United States’ Opioid Epidemic
By Spencer Papay, Columbia University
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This paper investigates the relationship between federally-funded community health centers and opioid overdoses across America’s distinct geographic regions. Continue reading Regional Approaches to Combating the United States’ Opioid Epidemic
The Effect of Global Crude Oil Prices on Malaysia’s GDP and Trade
By Kah Heng Lua, University of Manchester
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This study employs a time-series approach to determine the effects of changes in the global West Texas Intermediate and Dubai Fateh crude oil price benchmarks on Malaysia’s GDP and trade. The results indicate that effects from developments in global crude oil prices exist only in the short-run. Continue reading The Effect of Global Crude Oil Prices on Malaysia’s GDP and Trade
Flow-Performance Relationship of Hedge Funds Before and After the Financial Crisis
By Lucas Cusimano and Ruby Zhang, The University of Chicago
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This paper examines the determinants of U.S. hedge fund flow before and after the financial crisis using comprehensive hedge fund panel data. Hedge funds offer a unique testing ground for hypotheses about investor behavior due to their limited regulation structure. Continue reading Flow-Performance Relationship of Hedge Funds Before and After the Financial Crisis