2045 research outputs found
Sort by
United States Monetary Policy as a Determinant of Capital Flows to Emerging Market Economies: A Study on Portfolio Investment to the BRICS Countries
Get PDFFollowing the global financial crisis in 2008, the Federal Reserve implemented unconventional monetary policy through near-zero interest rates and quantitative easing. This unprecedented policy has had unintended consequences, including effects on capital flows to emerging market economies. This paper studies the effect of U.S. monetary policy on portfolio investment in the BRICS countries. Using exogenous and endogenous variables as determinants of capital flows, I use a series of panel regression models that includes U.S. monetary policy as an explanatory variable of portfolio investment in the BRICS countries. My results suggest that U.S. monetary policy is not a significant determinant of capital flows in the BRICS countries, however they do suggest that interest rate spreads on BRICS sovereign bonds and U.S. treasuries are significant determinants
An Analysis of Income Inequality and How It Is Affected by Different Factors in the United States of America with Respect to the Kuznets Hypothesis over the Time Period of 1983 and 2016
Get PDFEconomic well being has increased considerably in the last three decades that has caused an income gap in the United States has increased in the same time frame. Various distinguished economists have argued since 1955 about the various factors that cause this trend. Income Inequality occurs because a number of factors impact it such as the productivity of a country.
Technological change has been a major factor contributing to the income gap. It has favored high skilled workers and various industries in the United States. In addition, there is an analysis of the effects of globalization and how it causes an upsurge of income inequality in developed countries, such as the United States. It uses globalization as a proxy for openness to trade in the analysis and considers the rising overall impact of trade. The results show certain trends and expectations for and against the literature, some of which that dates back to Kuznets’ hypothesis from 1955. The paper also analyses Kuznets’ relationship with respect to economic productivity of the United States. Finally it looks at and analyses the positive effects of how labor unions decrease income inequality and ultimately proposes potential reforms to reduce the snowballing income gap in the United States in the last 36 years
Finance, Financial Services, and Economics Growth How Does the Size of the Financial Sector and Different Types of Financial Services Impact Economic Growth?
Get PDFThis paper studies the relationship between finance, financial services, and economic growth. More particularly, this study attempts to answer the following two questions: What is the relationship between the size of the financial sector and economic growth? And how do different types of financial services impact economic growth? Understanding the dynamics between the financial sector and economic growth is extremely important from an intellectual as well as practical perspective. Intellectually speaking, it is safe to say that finance as a sector and financial services in general do not have a very good reputation in popular culture, especially in the post 2008 world. Hence, understanding the how finance impact economic growth will put the public opinion of finance to test. Practically speaking, understanding the relationship between finance and growth is extremely important from a public policy and regulatory perspective since finance has proven itself to be impactful and relevant after it sent the global economy into a the deepest recession in a century. If policy makers have insights on the relationship between finance and social wellbeing, they will be able to assess whether (1) this relationship is linearly positive or whether it diminishes at some point. If finance impacts society positively up to a point, policy makers will be able to create regulation that disincentives the size of the financial sector to grow beyond healthy levels. At the same time, if policy makers had insight on (B) which financial activities/services are more harmful to social welling than others, then they will be able to create an incentive system or a legal framework that encourages certain type of activities while limiting others
Burning Gabriel‘s Wings: Exploring the Soul‘s Movement towards God through the Masnavi of Jalal al-Din Rumi
Get PDFThe Qur‘an is considered an eternal text, universally relevant, awaiting interpretation and reinterpretation. Its eternal nature is made all the more apparent through the ambiguity and multilayered meaning of the Arabic language, which affords every line applicability to multiple areas of thought, lived reality, and the attributes of God. Constant return to the Qur‘an as a divine text allows for greater insight into not only the nature of the human self but also to the Universal Reality of God. Therefore, when Mawlana Jalal al-Din Muhammad Rumi‘s Masnavi is called the Qur‘an in Persian, the full weight of that statement becomes apparent
Things That Creep: A Child\u27s Tale -3
No full texthttps://creativematter.skidmore.edu/altered_books_2017/1017/thumbnail.jp
Late in Summer -2
No full texthttps://creativematter.skidmore.edu/lib_stu_art_fall2017/1002/thumbnail.jp
A Trip with Mom -3
No full texthttps://creativematter.skidmore.edu/lib_stu_art_fall2017/1006/thumbnail.jp
Portrait of Venus -3
No full texthttps://creativematter.skidmore.edu/lib_stu_art_fall2017/1029/thumbnail.jp
MDOCS Publication-2017-03-01, Emmy-award winning producer to screen documentary
Get PDFEmmy-award winning producer to screen documentary at Skidmore College
The Saratogian
March 2, 2017
Author