Research in World Economy
https://www.sciedu.ca/journal/index.php/rwe
<img style="float: right; padding-left: 20px; padding-right: 20px;" src="/journal/public/site/images/rwe/RWE2.jpg" alt="" width="300" /><p><em><strong>Research in World Economy</strong></em> (ISSN: 1923-3981; E-ISSN: 1923-399X) is an open-access and peer-reviewed journal published by Sciedu Press in Canada. This journal is published <strong>Semiannually</strong> (<strong>June</strong> & <strong>December</strong>) in both <strong>print</strong> and <strong>online</strong>versions. All publications are open access in full text and free to download.</p><p><span style="font-size: 10px;">This journal is intended to serve as the primary outlet for both theoretical and empirical research in all areas of economy and related fields. These include, but are not limited to the following: general economic theory, political economics, business economics, industrial economics, labor economics, urban & rural economics, development economics, technology economics, tourism economics, transport economics, macroeconomics & microeconomics, quantitative economics, resources and environmental economics, economic history and population, international trade, exchange rates, finance, accounting and insurance. It is a vital resource for researchers, analysts and policy-advisors interested in these areas.</span></p><p>This journal accepts article submissions <strong><a href="/journal/index.php/rwe/about/submissions">online</a></strong> or by <strong><a href="mailto:rwe@sciedupress.com">e-mail</a></strong> (rwe@sciedupress.com).</p><p> </p><p><strong>ABSTRACTING AND INDEXING:</strong></p><ul><li><a href="http://business.academickeys.com/jour_main.php">AcademicKeys</a></li><li><a href="http://www.base-search.net/">BASE - Bielefeld Academic Search Engine</a></li><li><span style="font-size: 10px;"><a href="http://scholar.cnki.net/webpress/brief.aspx?dbcode=SJIU">CNKI SCHOLAR</a></span></li><li><a href="http://www.drji.org/JournalProfile.aspx?jid='1923-399X'">Directory of Research Journal Indexing</a></li><li><span style="font-size: 10px;"><a href="http://www.econis.eu/">ECONIS</a></span></li><li><span style="font-size: 10px;"><a href="http://econpapers.repec.org/">EconPapers</a> (RePEc)</span></li><li><span style="font-size: 10px;"><a href="http://library.ied.edu.hk/search/a?searchscope=5&searchtype=t&searcharg=Research+in+World+Economy&Submit=Search&SORT=D&extended=0&searchlimits=&searchorigarg=">EdUHK Library</a><br /></span></li><li><span style="font-size: 10px;"><a href="http://rzblx1.uni-regensburg.de/ezeit/fl.phtml?bibid=AAAAA&colors=7&lang=en&notation=ALL&sc=R&lc=S">Electronic Journals Library</a><br /></span></li><li><span style="font-size: 10px;"><a href="http://scholar.google.com/">Google Scholar</a></span></li><li><span style="font-size: 10px;"><a href="https://ideas.repec.org/">IDEAS</a> (RePEc)<br /></span></li><li><span style="font-size: 10px;"><a href="http://indexcopernicus.com/index_en.php">IndexCopernicus International</a></span></li><li><a href="http://www.journaltocs.ac.uk/index.php">JournalTOCs</a></li><li><span style="font-size: 10px;"><a href="http://www.lockss.org/">Lockss</a></span></li><li><a href="http://miar.ub.edu/issn/1923-3981">MIAR</a></li><li><span style="font-size: 10px;"><a href="http://vlib.ustuarchive.urfu.ru/storon/elj_cic/new_jour.html">NewJour</a></span></li><li><span style="font-size: 10px;"><a href="https://pkp.sfu.ca/">PKP Open Archives Harvester</a></span></li><li><span style="font-size: 10px;"><a href="http://repec.org/">RePEc</a></span></li><li><a href="https://www.scopus.com/sourceid/21100890307">Scopus</a> (2018-2020)</li><li><span style="font-size: 10px;"><a href="http://www.sherpa.ac.uk/romeo/">SHERPA/RoMEO</a></span></li><li><span style="font-size: 10px;"><a href="http://www.oxbridge.com/SPDCluster/theSPD.asp">The Standard Periodical Directory</a></span></li><li><span style="font-size: 10px;"><a href="http://www.worldcat.org/">Worldcat</a></span></li><li><span style="font-size: 10px;"><a href="http://www.zbw.eu/en/">ZBW – German National Library of Economics</a></span></li></ul>Sciedu Pressen-USResearch in World Economy1923-3981<p class="MsoNormal" style="margin: 0in 0in 6pt 21pt; text-align: left; mso-para-margin-bottom: .5gd; mso-para-margin-top: 0in; mso-para-margin-right: 0in; mso-para-margin-left: 2.0gd;"><span style="font-size: 8pt; font-family: 'Verdana','sans-serif'; mso-bidi-font-family: Arial;">Submission of an article implies that the work described has not been published previously (except in the form of an abstract or as part of a published lecture or academic thesis), that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, in English or in any other language, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. </span></p><p class="MsoNormal" style="margin: 0in 0in 6pt 21pt; text-align: left; mso-para-margin-bottom: .5gd; mso-para-margin-top: 0in; mso-para-margin-right: 0in; mso-para-margin-left: 2.0gd;"><span style="font-size: 8pt; font-family: 'Verdana','sans-serif'; mso-bidi-font-family: Arial;">Copyrights for articles published in our journals are retained by the authors, with first publication rights granted to the journal. The journal/publisher is not responsible for subsequent uses of the work. It is the author's responsibility to bring an infringement action if so desired by the author.</span></p>Debt-to-GDP Ratio Is Increased by Unemployment, Stock Trading, and Inequality, Decreased by Inflation, and Unaffected by Interest Rates
https://www.sciedu.ca/journal/index.php/rwe/article/view/25056
<p>We demonstrate that the debt-to-GDP ratio is well predicted by five closely watched variables that include inflation. The Federal Reserve, economists, and stock market traders have recently expressed concern about the "the worst inflation in 100 years" (CNBC and Aljazeera, 20 May, 2022). Despite their semantic massage, we demonstrate that this outbreak occurred long after the time series studies here, indicating that inflation drove our debt-to-GDP ratios well before it broke out of control in 2022. This suggests that inflation may be an endemic and uncontrollable phenomenon. We contradict the growing concern about “the worst inflation in 100 years” by showing that inflation <em>lowers</em> the debt-to-GDP ratio. Our data driven discovery (DDD) shows that the debt-to-GDP ratio, acting as a dependent variable, is <em>increased </em>by<em> </em>unemployment, stock trading, and inequality, <em>decreased </em>by<em> </em>inflation, and <em>unaffected </em>by interest rates, all acting as independent variables.</p>Gordon Bechtel
Copyright (c) 2023 Research in World Economy
2023-12-272023-12-27142110.5430/rwe.v14n2p1Transnational Remittance Practices Among Latinos: Analyzing Differences Based on Nativity, Generational Status, and Social Capital
https://www.sciedu.ca/journal/index.php/rwe/article/view/25028
<p>Using data from the Chicago Area Survey (CAS), our study explores the impact of individual characteristics and factors linked to assimilation and ethnic attachment on the financial behaviors of Latinos in the United States. We particularly examine generational variations in the amount and determinants of remittance behavior among Latinos in the Chicago Metropolitan area. Our findings reveal distinct generational patterns in remittance practices as a transnational activity. While second-generation Latinos engage in remittance activities comparably to their foreign-born parents, a significant decrease is observed in third and subsequent generations. Interestingly, remittance behavior appears to be inversely related to traditional assimilation measures. Contradicting straightforward assimilation theories and aligning more with a transnational viewpoint, our multivariate models suggest a positive correlation between remittance activities and various integration indicators for both foreign-born and U.S.-born Latinos in the Chicago area. While a generational decline in remittance behavior supports assimilation theory, the positive ties between socioeconomic status or assimilation indicators and remittance activities prompt a reevaluation of the assimilation model's dominance. Our results suggest a complex interplay between assimilation processes and remittance behavior, indicating that the latter doesn't necessarily decrease as the former progresses. This calls for more research into the intricate relationship between these two dynamics.</p>Sung David Chun
Copyright (c) 2024 Research in World Economy
2024-01-012024-01-01142810.5430/rwe.v14n2p8