scholarly journals Elasticities of Business Investment in the U.S. and Their Policy Implications: A Disaggregate Approach to Modeling and Estimation

2017 ◽  
Author(s):  
Georgios (George) C. Bitros ◽  
M. Ishaq Nadiri
Keyword(s):  
Policy Implications ◽  
Business Investment ◽  
The U.S

scholarly journals A Balanced Portfolio Can Have a Higher Geometric Return than the Risky Asset

2021 ◽  
Vol 14 (9) ◽  
pp. 409
Author(s):  
Miriam Arden ◽  
Tiemen Woutersen
Keyword(s):  
Risk Premium ◽  
Large Fraction ◽  
Developed Countries ◽  
Policy Implications ◽  
Government Bonds ◽  
Stock Portfolios ◽  
Bond Portfolio ◽  
Target Date ◽  
Stock Portfolio ◽  
The U.S

In the U.S., the geometric return on stocks has been higher than the geometric return on bonds over long periods. We study whether balanced portfolios have a larger geometric return (and expected log return) than stock portfolios when the risk premium is low. We use a theoretical model and historical data and find that this is the case. This low-risk premium is often observed in other developed countries. Further, in the past two decades, a balanced portfolio with 70% or 90% invested in the U.S. stock market (with the remainder invested in U.S. government bonds) performed better than a 100% stock or bond portfolio. The reason for this is that a pure stock portfolio loses a large fraction of its value in a downturn. We show that this result is not driven by outliers, and that it occurs even when the returns are log normally distributed. This result has broad policy implications for the construction of pension systems and target-date mutual funds.

Global Displacement of ISIS Activities and the Effectiveness of Police Arrests as a Means of Deterrence

2021 ◽  
Author(s):  
Ismail Onat ◽  
Serdar San
Keyword(s):  
Armed Conflict ◽  
Online News ◽  
Policy Implications ◽  
Military Operations ◽  
News Source ◽  
The World ◽  
Significant Achievement ◽  
The U.S

U.S.-led coalition forces liberated all of the territory ISIS held in Syria and Iraq in the first quarter of 2019. Although the defeat was a significant achievement, ISIS continues its activities outside the Syria and Iraq region. Turkey matters to ISIS because the group carries out attacks and uses the country to move fighters and supplies. However, Turkey relies heavily on police crackdowns to deter terrorism. Drawing on data from the Armed Conflict Event and Location Database, the Turkish Ministry of Interior, and an online news source, the current study first analyzed trends in ISIS attacks around the world. Then, it explored the extent to which police arrests prevent ISIS from further deadly attacks in Turkey. Results from the study suggest that ISIS activities are likely to decrease in Syria and Iraq after the U.S.-led military operations but increase in other countries. Also, mass arrests were ineffective in preventing subsequent deadly attacks in Turkey. Policy implications are discussed.

Implications of  the U.S.–China Trade War  for  Taiwan

2020 ◽  
Vol 19 (1) ◽  
pp. 61-81
Author(s):  
Wen-jen Hsieh
Keyword(s):  
Negative Impact ◽  
The United States ◽  
Policy Implications ◽  
High Tech ◽  
Chinese Market ◽  
Economic Relationships ◽  
China Trade ◽  
Trade War ◽  
The Impact ◽  
The U.S

The ongoing U.S.-China trade war and ensuing high-tech conflicts are regarded as Taiwan's most crucial opportunity to slow down its progressively increasing economic dependence on China. The impact of the U.S.–China trade tensions on Taiwan are important to analyze because of Taiwan's relatively unique political and economic relationships with the United States and China, especially since the latter views Taiwan as its “breakaway province.” The regression results indicate that Taiwan's outward investment to China is significantly affected by Taiwan's lagged investment and exports to China, and the gap in the economic growth rates between Taiwan and China. Policy implications are provided for Taiwan to alleviate its economic dependency on the Chinese market and the negative impact from the U.S.-China trade war.

Health Care Public Sector Share and the U.S. Life Expectancy Lag: A Country-level Longitudinal Study

2018 ◽  
Vol 48 (2) ◽  
pp. 328-348 ◽  
Author(s):  
Megan M. Reynolds
Keyword(s):  
Health Care ◽  
Political Economy ◽  
Public Sector ◽  
Life Expectancy ◽  
Policy Implications ◽  
The Political ◽  
Life Expectancy At Birth ◽  
Political Economy Of Health ◽  
The Impact ◽  
The U.S

Growing research on the political economy of health has begun to emphasize sociopolitical influences on cross-national differences in population health above and beyond economic growth. While this research investigates the impact of overall public health spending as a share of GDP (“health care effort”), it has for the most part overlooked the distribution of health care spending across the public and private spheres (“public sector share”). I evaluate the relative contributions of health care effort, public sector share, and GDP to the large and growing disadvantage in U.S. life expectancy at birth relative to peer nations. I do so using fixed effects models with data from 16 wealthy democratic nations between 1960 and 2010. Results indicate that public sector share has a beneficial effect on longevity net of the effect of health care effort and that this effect is nonlinear, decreasing in magnitude as levels rise. Moreover, public sector share is a more powerful predictor of life expectancy at birth than GDP per capita. This study contributes to discussions around the political economy of health, the growth consensus, and the American lag in life expectancy. Policy implications vis-à-vis the U.S. Affordable Care Act are discussed.

scholarly journals Finding Dr. Kim: Information Sources of Korean Immigrants’ Search for a Doctor in the U.S.

Healthcare ◽  
2020 ◽  
Vol 8 (2) ◽  
pp. 92
Author(s):  
Sou Hyun Jang ◽  
Linda K. Ko ◽  
Hendrika Meischke
Keyword(s):  
Information Sources ◽  
Family Doctor ◽  
Family Members ◽  
The United States ◽  
Korean Immigrants ◽  
Policy Implications ◽  
Recent Immigrants ◽  
Duration Of Stay ◽  
Common Information ◽  
The U.S

Korean immigrants in the United States (U.S.) are known for their preference for, and dependence on, co-ethnic doctors due to various barriers to the U.S. healthcare system. Recent immigrants tend to face more barriers than their non-recent counterparts. However, there is little information on how they find their doctors in the U.S. This study includes a self-administrated survey of Korean immigrants aged 18 and above who lived in the New York–New Jersey Metropolitan area in 2013–2014 (n = 440). Descriptive analysis was conducted to understand the most common information sources and the number of sources based on the duration of stay in the U.S. More recent Korean immigrants were female, had no family doctor, uninsured, younger, and more educated than their non-recent counterparts. Regardless of the duration of stay in the U.S., family members and friends were the most frequently sought-after sources for Korean immigrants in their search for doctors. In addition to family members and friends, non-recent Korean immigrants also used other methods (e.g., Korean business directories), whereas recent immigrants used both U.S. and Korean websites. More recent Korean immigrants used multiple sources compared to non-recent Korean immigrants, often combined with a Korean website. Our study suggests policy implications to improve recent immigrants’ accessibility to health information in a timely manner.

Runaway Jury: An Analysis of State Laws Concerning Juror Impeachment

2018 ◽  
Vol 31 (3) ◽  
pp. 395-421
Author(s):  
Brenda I. Rowe ◽  
Wesley S. McCann
Keyword(s):  
Supreme Court ◽  
Racial Bias ◽  
Policy Implications ◽  
State Laws ◽  
Current State ◽  
Jury Deliberations ◽  
History Of ◽  
Motivating Factor ◽  
Clear Statement ◽  
The U.S

The no impeachment rule bars the admission into evidence of juror testimony regarding jury deliberations in proceedings questioning the validity of a verdict. In Pena-Rodriguez v. Colorado, the U.S. Supreme Court created a constitutional exception to the no impeachment rule to allow impeachment of a verdict by a juror’s testimony regarding a fellow juror’s clear statement during jury deliberations indicating reliance on racial bias as a substantial motivating factor for that juror’s vote. This study traces the history of the no impeachment rule, analyzes the Court’s decision in Pena-Rodriguez v. Colorado, examines variation in exceptions provided by states’ statutory no impeachment rules, and discusses the likely impact of Pena-Rodriguez as well as policy implications of the current state of no impeachment statutes.

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