程序代写案例-MGDI72162
时间:2022-04-13
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The University of Manchester
MGDI72162
Contemporary issues in development finance 2021/2022
ASSIGNMENT #1
(100% of final mark)
The essay should be submitted via Blackboard before 2:00PM on 27th April
2022
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WARNING:
The University has a strict policy on plagiarism. Unacknowledged copying of
another person’s work will result in the automatic failure of the assignment and
may lead to disciplinary action being taken against the study fellow. Your
answer must be fully referenced where appropriate. For guidance on how to
make sure you avoid plagiarism and other forms of academic malpractice,
please consult your handbook.
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Important: report right at the top of the 1st page the essay question you
are addressing. Do not change it or come up with a different title!
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Assignment Weight: 100% of the final mark
12pt font size, with 1.5 or double line spacing. Word limit:3500 words essay (excluding
references, tables, and abstract).
Choose one of the following questions.
Essay Question 1:
Using data for 30 low-income group countries and 30 middle (lower middle
income or upper middle income)/high-income group countries investigate
whether stock market development leads to an increase in economic growth. 1
1. Your sample should cover the period 1975-2017 and should exclude the
following industrialised countries: Australia, Austria, Belgium, Canada,
Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Israel,
1 The data can be downloaded from the World Bank’s World Development Indicators and the Global
Financial Development Database.
2
Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway,
Portugal, Spain, Sweden, Switzerland, UK, US.
2. Your analysis should be conducted using a selection of statistical
methods, which may include descriptive tools (e.g., scatterplots, time
series plots) and regression analysis.
3. Carefully interpret each bit of empirical evidence you present. By which
we mean you need to link your findings to the essay question. Your
results need to be used to produce evidence in support or against, or in
some instances both (e.g., support for some countries and against for
others), the arguments you present.
Notes: Essay question 1
1. Scatter or time series plots: although Stata is strongly recommended, you
are allowed to use other software packages if you wish to do so. The only
requirement is that in your figures the country identifier should be visible.2
Further, if you plan to use scatter plots for the whole time period (1975-2017)
you will have to take average value for each country. You can also analyse the
variables by breaking into several sub-periods (eg, 1970-75; 1975-80 etc.) by
averaging information for each period.
2. Data availability: Please note that in some instances, you may not have
information for all the countries from 1975-2017. This is perfectly
understandable. Please don’t fret about this. The idea behind the providing
sample period is to use data as much as possible based on the availability.
From the perspective of developing your research skills, you should use all the
available information effectively. So, the sample period and the number of
countries to be covered which is given in the question is to provide you with a
direction, but not steadfast (on the condition that the data is unavailable).
3. Use the literature, and your learning from Quantitative Methods courses, to
identify the appropriate Methodology. If you try to replicate the methodology
used by other Authors, this should be acknowledged by appropriately citing
them. Use standard academic sources to search for publications and also use
your reading list to identify relevant literature.
2 For the scatter plot and correlation analysis some Stata commands docs are posted on blackboard.
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Essay Question 2:
Financial development has an impact on how income is distributed in the
economy. While many would agree with this idea, it is still controversial whether
its effect relieves or exacerbates inequality and whether it is significant.
Using one or more proxies for financial sector development (obtained from the
World Bank’s Global Financial Development Database) and data on income
inequality (e.g., from the World Income Inequality Database, the University of
Texas Inequality Project, World Wealth and Income Database), discuss
whether the above idea is empirically valid.
For your analysis, you should:
1. Choose a sample of at least 45 countries, composed of 10 OECD
countries and the remainder of developing/transition economies.
2. The analysis should be conducted using a range of statistical
approaches, which may include a selection of descriptive statistics
(scatterplots, time series plots or other) and regression analysis.
4. Carefully interpret each bit of empirical evidence you present. By which
we mean you need to link your findings to the essay question. Your
results need to be used to produce evidence in support or against, or in
some instances both (e.g., support for some countries and against for
others), the arguments you present.
Notes: Essay question 2
1. We are not providing any sample period here as the student can
decide about it. It is perfectly understandable if you cannot cover all
the 45 countries mentioned in the question because of the data
unavailability. Please don’t fret about it. The idea is to use as much
information on countries as possible based on the availability. The
sample of 45 countries to be used is to give you a direction, and not
steadfast solution (on the condition that the data is unavailable).
2. Use the literature, and your learning from Quantitative Methods
courses, to identify the appropriate Methodology. If you try to
replicate the methodology used by other Authors, this should be
acknowledged by appropriately citing them. Use standard academic
sources to search for publications and also use your reading list to
identify relevant literature.
3. Scatter plots: If you plan to use scatter plot, please read the relevant
section (scatter plot) under notes for Essay question 1.
Essay question 3
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Dimensions of financial development (e.g., financial depth or access to finance)
show large variations across countries. Why? Empirically investigate the factors
explaining why one economy may have higher levels of financial development
than others.
For your analysis, you should:
1. Use variables for financial sector development (obtained from the World
Bank’s Global Financial Development Database or World Development
Indicators).
2. The analysis should be conducted using a selection of statistical
methods, which may include descriptive statistics (e.g., scatterplots, time
series plots or other) and regression analysis.
3. Carefully interpret each bit of empirical evidence you present. By which
we mean you need to link your findings to the essay question. Your
results need to be used to produce evidence in support or against, or in
some instances both (e.g., support for some countries and against for
others), the arguments you present.
Notes: Essay question 3
1. We are not providing any sample period or the list of countries to
study. Explain why you choose a certain country or sample of
countries.
2. Use the literature, and your learning from Quantitative Methods
courses, to identify the appropriate Methodology. If you try to replicate
the methodology used by other Authors, this should be acknowledged by
appropriately citing them. Use standard academic sources to search for
publications and also use your reading list to identify relevant
literature.
3. Scatter plots: If you plan to use scatter plot, please read the relevant
heading (Scatter Plots) under notes provided in Essay question 1.
Suggested essay structure:
o Introduction
A brief survey of the related theoretical and empirical literature
(hint: you should be keep this part very focussed, otherwise you will have no space
left for the empirical analysis and interpretation of the results)
o Description of the data and methodology
o Analysis
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o Conclusion
o Appendix
o References