University of Southern California Center for Law & Social Science (CLASS) Research Paper Series最新文献_第3页

An Empirical Assessment of the Effectiveness of the Transmission Mechanism Theory of Monetary Policy (TMTM) on Real Economies 货币政策传导机制理论对实体经济有效性的实证评估

University of Southern California Center for Law & Social Science (CLASS) Research Paper Series Pub Date : 2018-05-22 DOI: 10.2139/ssrn.3183427

Frederick Anning

引用次数: 0

An Empirical Assessment of the Effectiveness of Macroprudential Policies 宏观审慎政策有效性的实证评估

University of Southern California Center for Law & Social Science (CLASS) Research Paper Series Pub Date : 2018-05-22 DOI: 10.2139/ssrn.3183425

Frederick Anning

{"title":"An Empirical Assessment of the Effectiveness of Macroprudential Policies","authors":"Frederick Anning","doi":"10.2139/ssrn.3183425","DOIUrl":"https://doi.org/10.2139/ssrn.3183425","url":null,"abstract":"The issues regarding macroprudential policy have taken great stride in aftermath of the 2007-2008 crisis; policymakers, as well as regulators, have now been working tirelessly to ensure that there will no such crisis in the nearest future. It is in view of this that we are trying to assess empirically the impact of macroprudential policies employed by regulators and policymakers. It is undeniable that it is somewhat difficult in realizing consistent results empirically due to the low level of statistical data as well as the fact that macroeconomic models employed in financial and economic systems do not take into accounts various interconnected economic systems. Regulators are faced with the challenge of empirical assessment of macroprudential policy both economic and financially since results could quite vague. Because of this, numerous methodologies have been employed in assessing the results, some of the employed methods are not limited to assessing macro stress tests, counterfactual analysis, microdata-based analysis, regression analysis just to mention but few. Research has realized that most regulators and or policymakers normally employ the panel data method as their econometric model. One fundamental issue is the panel data does not see the problem regarding limited statistical data but rather focuses on the impact of macroprudential policy tools.","PeriodicalId":222637,"journal":{"name":"University of Southern California Center for Law & Social Science (CLASS) Research Paper Series","volume":"204 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122586373","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Boundaries of the Firm with Network Externalities 具有网络外部性的企业边界

University of Southern California Center for Law & Social Science (CLASS) Research Paper Series Pub Date : 2018-04-03 DOI: 10.2139/ssrn.3154974

Dongjoon Lee, Kangsik Choi, Tatsuhiko Nariu

引用次数: 0

Economía Política Del Petróleo (Political Economy of Oil) 石油政治经济学(石油政治经济学)

University of Southern California Center for Law & Social Science (CLASS) Research Paper Series Pub Date : 2018-01-05 DOI: 10.2139/ssrn.3244969

A. Romero, Mary Vera

{"title":"Economía Política Del Petróleo (Political Economy of Oil)","authors":"A. Romero, Mary Vera","doi":"10.2139/ssrn.3244969","DOIUrl":"https://doi.org/10.2139/ssrn.3244969","url":null,"abstract":"Spanish Abstract: El documento analiza, a grandes rasgos, la importancia socioeconomica y politica del petroleo, como recurso de primer orden dentro de la matriz energetica mundial. Igualmente, se evalua el impacto ecologico de la actividad petrolera y sus perspectivas. Se trata de un articulo de reflexion, sustentado en una amplia revision bibliografica. Se concluye que, si bien el petroleo continua siendo la principal fuente de energia y de infinidad de productos derivados del mismo, los efectos de su uso en los diferentes entornos ecologicos son altamente negativos. Igualmente, la concentracion de la actividad petrolera mundial en un pequeno grupo de paises permite que sea utilizado como medio de presion a otras naciones, o para apoyar a regimenes autoritarios. \u0000English Abstract: In this article, the socioeconomic and political importance of oil is analyzed, as a first-order resource within the global energy matrix. Likewise, the ecological impact of the oil activity and its prospects is evaluated. It is an article of reflection, based on an extensive bibliographic review. It is concluded that, although oil continues to be the main source of energy and there are many products derived from it, the effects of its use in different ecological environments are highly negative. Likewise, the concentration of world oil activity in a small group of countries allows it to be used as a means of pressure to other nations, or to support authoritarian regimes.","PeriodicalId":222637,"journal":{"name":"University of Southern California Center for Law & Social Science (CLASS) Research Paper Series","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-01-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130310383","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Gender-Matching School Effects on Girls’ Cognitive and Non-Cognitive Performance – Empirical Evidence From South Korea 性别匹配学校对女孩认知和非认知表现的影响——来自韩国的经验证据

University of Southern California Center for Law & Social Science (CLASS) Research Paper Series Pub Date : 2017-12-15 DOI: 10.2139/ssrn.3131765

Seo-Young Cho

引用次数: 0

Formal Insurance, Risk Sharing, and the Dynamics of Other-Regarding Preferences 正式保险、风险分担和他人偏好的动态

University of Southern California Center for Law & Social Science (CLASS) Research Paper Series Pub Date : 2017-10-26 DOI: 10.2139/ssrn.3100388

H. Freudenreich, M. Ibáñez, S. Dietrich, O. Musshoff

{"title":"Formal Insurance, Risk Sharing, and the Dynamics of Other-Regarding Preferences","authors":"H. Freudenreich, M. Ibáñez, S. Dietrich, O. Musshoff","doi":"10.2139/ssrn.3100388","DOIUrl":"https://doi.org/10.2139/ssrn.3100388","url":null,"abstract":"In the absence of formal financial markets, many poor households rely on risk sharing networks to protect themselves against adverse events. In this paper we present a model that explains the impact of formal insurance on informal risk sharing and, subsequently, the dynamics of other-regarding preferences. We use a field experiment to test the predictions of the model with rural households in Mexico. Consistent with the model predictions, we find that when shocks are collective, there is a crowding-out effect on transfers and a decrease in trust on insured participants. However, when shocks are idiosyncratic, we fail to confirm the predictions of the model. Transfers to non-insured members are significantly higher when insurance is available to some of the network members than in a control treatment when insurance is not available. This unexpected crowding-in effect on transfers leads to an increase in trust among non-insured participants. These findings suggest that there is a need to find optimal insurance designs that minimizes the crowding-out effect of formal insurance on informal risk sharing and other-regarding preferences.","PeriodicalId":222637,"journal":{"name":"University of Southern California Center for Law & Social Science (CLASS) Research Paper Series","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116139096","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Effect of Price, Brand and Product Quality of Life Insurance Sales Volume in Conjunction 价格、品牌、产品质量对寿险销量的协同影响

University of Southern California Center for Law & Social Science (CLASS) Research Paper Series Pub Date : 2017-06-11 DOI: 10.2139/ssrn.2984497

Sunda Ariana, Priyono

引用次数: 0

Co-Determination of Labor and Competitiveness: Evidence from Sample of Small Firms from R. Macedonia 劳动力与竞争力的共同决定:来自马其顿小企业样本的证据

University of Southern California Center for Law & Social Science (CLASS) Research Paper Series Pub Date : 2017-02-15 DOI: 10.2139/ssrn.2917100

Dushko Josheski, M. Sopova

引用次数: 0

Zakah Management for Poverty Alleviation in Indonesia and Brunei Darussalam 印度尼西亚和文莱达鲁萨兰国的天课扶贫管理

University of Southern California Center for Law & Social Science (CLASS) Research Paper Series Pub Date : 2016-09-18 DOI: 10.17605/OSF.IO/6ECVM

Aan Jaelani

引用次数: 18

The Trojan Horse of Corporate Integration 企业整合的特洛伊木马

University of Southern California Center for Law & Social Science (CLASS) Research Paper Series Pub Date : 2016-08-29 DOI: 10.2139/ssrn.2802361

Edward D. Kleinbard

{"title":"The Trojan Horse of Corporate Integration","authors":"Edward D. Kleinbard","doi":"10.2139/ssrn.2802361","DOIUrl":"https://doi.org/10.2139/ssrn.2802361","url":null,"abstract":"The U.S. Senate Finance Committee has invested significant resources, including hearings and staff reports, to make the case for an unusual form of corporate dividend integration – a corporate dividends-paid deduction, combined with a universal shareholder dividend withholding tax collected from the firm. This proposal would not reduce the cash tax outlays of U.S. corporations in respect of distributed or retained earnings. It would not reduce the aggregate tax burdens imposed on most shareholders, and in many plausible circumstances would raise those tax costs. It is a poorly targeted response to design weaknesses in the U.S. international corporate tax system. Its efficiency gains are undeveloped and largely overstated.This unusual form of dividend integration is really designed to offer U.S. firms a quick and dirty form of costless corporate tax reform, in which their financial accounting effective tax rate decreases, but for entirely artificial reasons. It also would offer U.S. multinational firms the ability to repatriate their permanently reinvested earnings held in foreign subsidiaries and redistribute those sums to shareholders without a nominal corporate income tax charge for financial accounting purposes, but at the cost to shareholders of raising their all-in burdens beyond what could be expected in broad-scale corporate tax reform.The dividends-paid form of dividend integration has been wheeled forward in the manner of a true Trojan horse, seemingly offering a free gift of the end of double taxation, but all the while containing in its belly the agenda of U.S. multinationals desperate to record lower effective tax rates for financial statement purposes, and to escape from under the mountain of offshore earnings that are the result of their own aggressive stateless income gaming.","PeriodicalId":222637,"journal":{"name":"University of Southern California Center for Law & Social Science (CLASS) Research Paper Series","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-08-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128577429","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1