Impact Of Money Research Articles

Is in-kind kinder than cash? The impact of money vs. food aid on social emotions and aid take-up

Over the past decade, there has been a shift in the way charities deliver humanitarian aid. Historically, the most prevalent way to help the global poor was by providing in-kind asset transfers. Recently, alternatives to in-kind aid, such as cash aid, have been increasing in prevalence. Although there has been widespread endorsement from the academic community and the public on the popularizing model of giving cash aid, one perspective remains untouched: the recipient's perspective. Thus, the present research explores how food-insecure individuals feel when receiving money vs. in-kind food aid to help meet their hunger and nutrition needs. Specifically, we explore the degree of positive (e.g., feeling cared for) and negative (e.g., feeling ashamed) social emotions felt when receiving the aid opportunity and how willing recipients are to accept monetary (vs. food) aid. Results from five preregistered experiments (N = 3,110)-a field experiment in Kenya and four online experiments in the United States-find that monetary (vs. food) aid elicits comparatively more of a market-pricing relationship and less of a communal sharing relationship and, hence, makes people feel less positive and more negative social emotions when receiving the help. Subsequently, recipients are less likely to take up monetary (vs. food) aid from a charity. However, we find that this effect does not persist when receiving government aid: Recipients are similarly willing to accept money and in-kind food aid from the government. This research suggests that future scholarship ought to examine ways to improve psychological experiences when receiving money from charity.

Formal Theories of Special Interest Influence

The impact of money on politics—whether through campaign finance, lobbying, or independent expenditure—raises key normative questions about democratic representation and accountability. In recent years there has been a deluge of new data allowing researchers to study money in politics from new and exciting perspectives. As a complement to this trend, there has also been a resurgence of interest in developing formal models to provide new theoretical insights that can help us understand how, why, and when money influences politics and policy. We review several major themes in this literature, focusing specifically on exchange-based models, informational models, and subsidy-based models. We compare and contrast the key contributions, and limitations, of each approach in understanding the role of lobbying and campaign finance in politics. We also discuss future avenues for research that incorporate aspects of each approach, which, we believe, will introduce new theoretical insights for understanding special interest influence.

The Impact of Money in Politics on Labor and Capital: Evidence from Citizens United V. Fec

The Impact of Money in Politics on Labor and Capital: Evidence from Citizens United V. Fec

The Impact of Money and Empire on Economic and Historical Literature

ABSTRACT De Cecco touched upon several themes: the actual working of the Gold standard; the history of British monetary policy and financial system; the power structure that underlay the organization of the world economy before WWI. De Cecco explored these themes with his habitual clever combination of economic theory, history and awareness of the political and institutional dimension of economic problems. The paper, by the editor of the new Italian edition, assesses the impact of the book on the literature.

Modus Pemanfaatan Koperasi dalam Tindak Pidana Pencucian Uang

The cooperative's utilization mode is intended to disguise or obscure the proceeds of crime in the crime of money laundering. Money laundering through cooperatives is another criminal act that has been accommodated as an initial crime in law number 8 of 2010. Normative legal research with secondary legal sources and qualitatively analyzed is the research method used in this paper. The impact of money laundering mainly has an impact on the collapse of the community's economy and slows down the pace of national economic growth. The mode of use of cooperatives for money laundering is an iceberg phenomenon that must be handled seriously through strengthening related policies and community participation.

Private electoral finance and democratic theory

Private electoral finance and democratic theory

The impact of money prizes from UEFA competitions on clubs' national performance

Purpose This work aims to analyse money prizes awarded in European football club competitions organised by UEFA and the impact of these prizes on club performance in National Leagues. In pursuing this objective, the authors discuss the overall effect on the competitiveness of national leagues. The ultimate goal is to provide valuable insights and useful indications relating to the future of National and European Professional Football Competitions, a topic of increasingly heated debate. The authors specifically address the possible creation of a European Super League.Design/methodology/approach In order to test the specific impact of UEFA money prizes on clubs' national performance, the authors applied two multiple regression models, with a sample of clubs participating in four out of the big five National Leagues in European Football over the period 2013–2108. The authors used a series of economic variables as control variables, in keeping with previous studies on similar topics as presented in the literature review.Findings The results of the analyses show that money prizes have a significant and specific impact on European club competitions organised by UEFA in terms of improving national sport performances for clubs participating in said competitions. More in detail, the authors found this degree of impact not only in the season when this money was awarded but also in the following season.Originality/value The originality of the paper lies in the empirical demonstration of the role of European competitions (via UEFA money prizes impacting clubs' national performances) in consolidating a general downward trend in competitive balance in the most important European Leagues.

The Impact of Money in Politics on Labor and Capital: Evidence from Citizens United v. FEC

The Impact of Money in Politics on Labor and Capital: Evidence from Citizens United v. FEC

How Much Money Do You Need to Feel Taller? Impact of Money on Perception of Body Height.

Body height is considered to be one of the most important reproductive signals. However, there are only a few publications on what influences the sense of whether we assess ourselves as tall or short. In the present contribution, the psychological impact of money on the evaluation of a person’s own height was tested. We performed two experimental studies in which the respondents had contact with different amounts of money and were asked to evaluate their body height with the use of a laser pointer. The first experiment (N = 61) showed that contact with money significantly increased subjective height evaluation, and the effect was independent of participants’ real body height. The second experiment (N = 120) replicated the effect of money manipulation. Moreover, it was shown that higher amounts of money increased one’s own height estimation more than smaller amounts. Our research shows that money can be used for building one’s social position, which is an attractiveness signal that can influence one’s own height evaluation.

The impact of money on science: Evidence from unexpected NCAA football outcomes

How productive are university research investments, and do the resulting pools of knowledge create valuable, downstream technology — or simply accumulate in the “ivory tower”? This paper uses unexpected NCAA athletic outcomes to vary research support to university faculty and estimate knowledge productivity. We find positive, significant effects of research expenditures on articles published and patents filed. Then, using data on university technology licensing income, we show that these investments produce large returns in real terms.

Is It All About the Money? How Campaigns Spur Participation in State Court Elections

Competitive, vigorous campaigns have been shown to increase participation across a variety of elections, including those at the state and local level. Building on previous work that examines the impact of money in judicial elections, this study explores the impact of campaign effort on participation in state court elections. Using data from 260 state Supreme Court elections occurring from 1990 to 2004 across 18 states, I find that competitive campaigns—not just expensive ones—are important for encouraging participation in these contests. Additionally, the study uncovers differential effects of challenger and incumbent spending. Ultimately, the findings contribute to our understanding of campaign effects in judicial elections while also providing an additional test of the idea that campaigns matter, especially in low-information contests.

Money, Output and Inflation in Bangladesh: A Test of Cointegration and Causality

This paper examines the relative impacts of money on economic growth and inflation in the economy of Bangladesh. It uses monthly data of Consumer Price Index, M2 multiplier, and industrial production index of Bangladesh from the Global Economic Monitor database of the World Bank. Using Johansen Co-integration and Vector Error Correction framework, the study finds that there is one cointegration relationship among these three variables. The Granger Causality results suggest that increased money multiplier has significant impacts on economic growth but non-significant impacts on inflation thus rejecting the neutrality of money in the Bangladesh economy over the study period. The results also suggest that the impact of money is unidirectional on economic growth. Keywords: neutrality of money, economic growth, cointegration, causality DOI : 10.7176/JESD/10-10-19 Publication date :May 31 st 2019

Long and Plosser meet Bewley and Lucas

We develop an N-sector business cycle network model a la Long and Plosser (1983), featuring heterogenous money demand a la Bewley (1980) and Lucas (1980). Despite incomplete markets and a well-defined distribution of real money balances across heterogeneous households, the Bewley–Lucas–Long–Plosser model remains analytically tractable with closed-form solutions. Relying on the tractability, we establish several important results: (i) The economy’s input-output network linkages become endogenously time varying over the business cycle—thanks to the endogenous time-varying distribution of money demand and its influence on cross-sector allocations of commodities. (ii) Despite flexible prices, transitory money injections can generate highly persistent effects on sectoral output, also thanks to the time-varying distribution of money demand and its effect on input-output coefficients. (iii) Although money injection is distributed equally across households by design, the real effects are asymmetric across production sectors; e.g., the impact of money is strongest on downstream sectors that purchase intermediate goods from the rest of the economy, but weakest on upstream sectors that supply intermediate goods to the other sectors, in sharp contrast to the case of sectoral technology shocks and government spending shocks. Our model also provides a micro-foundation for the labor wedge and shows that movements in the distribution of money demand can explain the cyclical behavior of the labor wedge.

Foundations in the United States: Dimensions for International Comparison

The United States offers a challenging case for the comparative study of philanthropic foundations. Depending on definition, foundation numbers total 80,000 or 130,000. They hold comparatively large assets per capita, though they vary enormously in assets; most are quite small, and compared with government and profit-seeking business, their wealth and their influence are very limited. Public controversies shape and confuse much of the discussion about them: the increasing inequality in the distribution of wealth, the continuing subordination of people of color and women, the impact of money on elections and on public policies and international relations, the prominence of the largest endowed, nonprofit universities and hospitals. Seeking to evaluate the critiques as well as the foundations’ positive contributions, the U.S. researcher encounters all “the combined complexities” that bedevil comparative international studies of foundations. Deriving their corporate charters from the states, they operate under diverse legal environments and vary in self-understanding and operations. American foundations prize their autonomy, though regulation denies them the privacies and choices available to business firms and the superrich. Historically close affiliations with religion brings many funds under constitutional provisions that restrict public access to information. Although the data are incomplete and superficial, high-quality nonprofit websites and archives do provide much federally mandated and other data. Focusing more on change and the protection of values than on relief of basic need, they underwrite highly diverse and competing purposes; many of them promote the leading universities, hospitals, and arts organizations in their home regions. Recent donors, determined to achieve defined outcomes, have increasingly used community foundation or commercial advised funds rather than independent foundations. Finding that their resources are too limited to advance favored policy or social changes, a number of celebrated funds have recently sought to increase their influence through expertise, collaboration with communities and other organizations including businesses, supplementing grants with loans, and other initiatives.

House Demolition and Household Investment of Financial Risk Assets

Family finance is becoming the focus of people’s attention. Family financial market participation, family asset selection and influencing factors are core issues of family financial research center. Although compared with the past, the current rate of household participation in financial market in our country has been raised, from the current status of financial market, there are still some problems in the household investment of financial risk assets like the low proportion of investment and the low market participation rate. Therefore, under current background conditions that current financial market and financial product development in our country are still unable to meet the diverse and multilevel needs of families, this paper studies the investment of household financial assets, especially the investment of family financial risk assets. It is helpful to the design of new financial products, market orientation and target population setting as for the nation and enterprises, and then the optimization of the household financial asset portfolio. In recent years, with the improvement of the availability of micro-data, more and more scholars have paid their attention to the factors that affect the investment decision-making behavior of family financial risk assets. In this respect, some scholars have revealed the impacts of income, education level, health status, social insurance and social interaction through micro-empirical research. However, according to existing related research, few scholars pay attention to the influence and influence mechanism of money from different sources on the investment decision-making behavior of family financial risk assets. This paper seeks to fill up this gap and provides new micro-empirical evidence in this area. House demolition has always been a hot issue as for the public and the academic community. House demolition in China is usually accompanied by rich demolition compensation. From a perspective of mental account, demolition compensation and wage income earned by families through hard work are two types of money with different sources, that is, the first one belongs to windfall income, and the last one fixed income. Therefore, this paper chooses the impact of house demolition on investment decision-making behavior of family financial risk assets and its impact mechanism as the research topics. First of all, this paper distinguishes the family money sources based on house demolition. Next, on the basis of in-depth theoretical analysis, rigorous empirical research has been carried out to verify the impact of house demolition on the investment decision-making behavior of family financial risk assets and its impact mechanism, and then the impact of money from different sources on the investment decision-making behavior of family financial risk assets and its impact mechanism are revealed. The robust research results show that house demolition can significantly affect household financial risk asset investment, and this impact is reflected not only at the breadth level, but also at the depth level, that is, house demolition significantly increases the family financial risk asset investment willingness and investment proportion. The intrinsic reason lies in that the expected loss of wealth is a mediator, that is, house demolition through the expected loss of wealth affects the family financial risk assets investment. However, the mediating effect is moderated by social insurance, that is, social insurance strengthens the intermediary effect of the expected loss of wealth, and further the impact of house demolition on household financial risk asset investment. The above results also indirectly show that money from different sources has a significant impact on household financial risk asset investment decisions through the expected loss of wealth, and social insurance strengthens the impact. This paper reveals how money from different sources affects the allocation of financial assets in households for the first time. It provides a new insight for human economic behavior and results, which is a further advance of the existing research, and helps to deepen the understanding of household financial venture capital investment decisions, having a strong theoretical vanguard. At the same time, the discovery in this paper provides important reference value and guiding significance for formulating financial investment policies or market strategies, deepens financial system reform and promotes economic growth.

Friedman Meets Hayek on Money and Prices in Canada

Though both classical liberals, Friedman adopted the quantity theory of money and used the general price indexes and aggregate data in empirical analysis, whereas Hayek rejected aggregative analyses as potentially misleading and focused on the impact of money on relative prices in his business cycle theory. This study shows theoretically that when the central bank minimizes the monetary shock to maintain stability in the general price level, it also maintains simultaneously relative price stability, thus narrowing the divergence between Friedman and Hayek. This finding is empirically verified by Canada’s experience with inflation targeting since 1991

Politics as organised combat – New players and new rules of the game in Sweden

ABSTRACTIn this paper, Sweden is used as an example of how organised politics has changed quite dramatically in the last couple of decades. The paper argues that there are a number of points that has recently changed Swedish organised politics in rather fundamental ways. These changes entail a new actor constellation in Swedish politics and policy-making, decreased visibility of political processes and the emergence of a strong feedback loop between inequality, participation and public policies. What this amounts to is a very different form of elite-driven policy-making than the old corporatist structures. An amorphous and quite invisible but still highly elite-driven process has emerged, in which inequality has increased dramatically, and the impact of money on politics has become stronger even in Sweden.

One rule for one: the impact of Champions League prize money and Financial Fair Play at the bottom of the European club game

The aim of this paper is to analyse the impact of the prize money distributed by UEFA for participation in the Champions League in the early rounds and to demonstrate that the impact of this money is both disproportionate compared to larger clubs and will, under UEFA’s guidelines for Financial Fair Play, run contrary to governance for larger clubs. This will show that UEFA’s interest in club governance and the impact is solely focused on larger clubs, allowing a seemingly unregulated free-for-all in financial terms at the lower end of the club game, which is unsustainable and runs contrary to UEFA’s own-stated ambitions in terms of fair play, competitive balance and financial governance.

Follow the Money. Introduction to the Special Issue ‘Financial Aspects of Organized Crime’

Organized crime emerged suddenly on the political and law enforcement agenda in manyEuropean countries in the 1980s and 1990s. The increasing focus on financial aspects oforganized crime followed suit, but at a much slower pace. Anti-money laundering efforts wereactively promoted by some governments and organizations such as the Financial Action TaskForce (FATF),butwerealsoopposedbyotherparties,as somemeasures imposea highburdenoncertaineconomicsectors(seeforareview,e.g.,LeviandReuter2006;Levi2013;Kilchling2014; Halliday et al. 2014). These sustained anti-money laundering efforts gained newmomentum through the shocking terrorist attacks in New York (2001), Madrid (2004), andLondon (2005), and several recent incidents in European countries and abroad. Consequently,the discussion has been widened from organized crime (with a strong emphasis on drugtrafficking) to terrorism and terrorist funding, although these phenomena and the financialaspects of these phenomena may be quite different in several respects.The discussion on money laundering has a strong policy focus and is dominated byuntested assumptions about offenders and offender behavior, and the impact of criminalnetworks and criminal activities on society. Can organized crime activities and terrorism belumped together or should they be treated separately? What influence does money have onthese phenomena and is this differentfor different aspects such as investing money in criminalactivities, moving and laundering proceeds of crime, and investing money in legal economy?Whatis the impact ofmoney launderingonthe integrity of thefinancialsystem andonsocietyas a whole? Is it really a big threat and in what respect? Can money laundering be curbedthrough specific crime prevention strategies and investigation strategies (‘follow the money’)?And how should these new strategies be integrated in the law enforcement system?Empirical research into financial aspects of organized crime is very important to test theassumptions that are part of public debate, but are often taken for granted, not explicated, andput to the empirical test. Despite the importance of this task, academic researchers — with afew notable exceptions — have not paida lotof attention to these salientquestions. Therefore,

Impact of money on emotional expression

Activating the concept of money can influence people's own expressions of emotion as well as their reactions to the emotional expressions of others. Thinking about money increases individuals' disposition to perceive themselves in a business-like relationship with others in which transactions are based on objective criteria and the expression of emotion is considered inappropriate. Therefore, these individuals express less emotion in public and expect others to do likewise. Six experiments show that subtle reminders of money lead people to have more negative attitudes toward expressing emotions in public and to avoid expressing emotion in their written communications. In addition, money-primed participants judge others' emotions to be more extreme and are disposed to avoid interacting with persons who display these emotions, especially when participants believe that these emotions are expressed in public.