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Exploring Social Polarization In Jefferson County, Kentucky: An Analytical Approach, Jason Finley
Exploring Social Polarization In Jefferson County, Kentucky: An Analytical Approach, Jason Finley
Masters Theses & Specialist Projects
The purpose of this study is to explore the processes of social polarization, an increasing gap between the rich and poor, in Jefferson County, Kentucky, to determine the spatial characteristics involved and to investigate useful methodological tools. I argue that social polarization processes are evident in Jefferson County, and I attempt to describe and analyze the emerging spatial characteristics of polarization in the study area. The study area comprises the thirteen market areas of Jefferson County, which were broken down into 3 socioeconomic regions based on the natural breaks of market area median household income. Each market area is analyzed …
A Study Of The Efficiency In Four Foreign Exchange Markets Using The Survey Data, Jiamei Zhu
A Study Of The Efficiency In Four Foreign Exchange Markets Using The Survey Data, Jiamei Zhu
Masters Theses & Specialist Projects
The purpose of this paper is to reexamine the efficiency condition in four foreign exchange market: U.S.—British, U.S.—Canadian, U.S.—Japanese, U.S.—German. Survey data was used to separate the risk premium arguments from irrationality. Only two markets are considered efficient based on the statistical test: U.S.—Canadian, U.S.—Japanese. Three models were conducted to explain the risk premium which is the factor causing the bias between the forward and the spot rate in the U.S.—German and the U.S.-Japanese markets. Lag Model (Model 2) turns out to be the only model that can explain the risk condition in the U.S.—Japanese market. All the three tested …
An Empirical Investigation Into The Causes Of The Dollar's Decline (1985-1993), Ricky Stagg
An Empirical Investigation Into The Causes Of The Dollar's Decline (1985-1993), Ricky Stagg
Masters Theses & Specialist Projects
In this paper, the writer develops and estimates a synthesis of the monetary and the portfolio-balance approaches of exchange rate determination in an attempt to explain the dollar's recent depreciation. Since 1985, the U.S. dollar has declined against the German deutsche mark and the Japanese yen. Different explanations have arisen as to the cause of the dollar's depreciation. Some economists blame U.S. monetary policy makers for flooding the world with dollars. Others ascribe fault to fiscal policy makers for not being able to bring the budget and current account deficits under control. And still others attribute most of the U.S.'s …