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Does Marriage Have A Differential Effect On The Career Path Of Men And Women?, Horgan Elizabeth May 2020

Does Marriage Have A Differential Effect On The Career Path Of Men And Women?, Horgan Elizabeth

Economics Student Theses and Capstone Projects

This paper investigates whether or not there is a differential effect of marriage on the career path of men and women. Using the 2010 US census, I analyze the relationship between gender, marital status, salary, age and education levels. As the background of this paper suggests, women are less likely to make career advancements past their husband and are more likely to prioritize his career goals. Due to these reasons, women would not receive the same benefit to there career from marriage that men do. Through the regressions of this study I was able to determine that on average, married …


The Flattening Of Japan’S Phillips Curve: An Unemployment Rate Analysis, Hannah Kojima May 2020

The Flattening Of Japan’S Phillips Curve: An Unemployment Rate Analysis, Hannah Kojima

Economics Student Theses and Capstone Projects

This paper examines the causes behind the flattening of the Japanese Phillips curve by analyzing the unemployment rate measure, and its role in the flattening of the curve. This paper will utilize the actual Japanese unemployment rates from 2002 through 2019, as well as estimate an alternative unemployment rates that takes into consideration discouraged workers. In my study, I recreate the Phillips curve using these two measures of unemployment, as well as implement a simple OLS regression to understand the slopes of each Phillips curves. I will also utilize the Weintraub equation in order to theorize factors that may be …


The Impact Of A California Clean Air Regulation On Infant Birth Weight: The Case For A Check Engine Light, Kieran Demasi May 2020

The Impact Of A California Clean Air Regulation On Infant Birth Weight: The Case For A Check Engine Light, Kieran Demasi

Economics Student Theses and Capstone Projects

This paper aims to analyze the effectiveness of California's Clean Air regulations. Using historical data on infant birthweights from the NCHS, a Difference in Differences (DID) model will demonstrate changes in birthweight after the enforcement of a 1988 regulation. The regulation analyzed affected new cars, mandating that manufacturers install on board diagnostics (OBD) systems on all new vehicles in the state. In the case of the DID, California acts as the treatment, and the neighboring states will act as controls. This is due in part to limitations in the data with regional variables. The analysis also aims to measure the …


Our Temptation For Benjamins: Can Framing Spending Habits Allow Us To Overcome Present Bias?, Deniz Aytac May 2020

Our Temptation For Benjamins: Can Framing Spending Habits Allow Us To Overcome Present Bias?, Deniz Aytac

Economics Student Theses and Capstone Projects

This study will investigate whether people prefer spending their cash on hand for instantaneous benefits, or delay consumption for future returns, and the impact of their mood on their spending habits. Past studies find that one’s state of happiness immensely contributes to his or her willingness to spend money; happier, satisfied individuals tend to spend a lot less than dissatisfied ones. However, few studies focus on the impact of loss aversion on people’s time preferences towards money. The goal of this paper is to measure not only the impact of happiness as the same mood-congruent effect on time preferences but …


An Examination Of The Potential Impact Of Multi-Use Trails On Housing Prices And Gentrification, Alana S. Pogostin May 2020

An Examination Of The Potential Impact Of Multi-Use Trails On Housing Prices And Gentrification, Alana S. Pogostin

Economics Student Theses and Capstone Projects

The construction of green spaces in urban areas has shown to bring value to nearby properties. As this theory has held true for several multi-use trails constructed in cities in the United States, this paper uses the Champlain Canalway Trail, a multi-use trail in northeastern New York, as a case study to examine if housing prices respond similarly to the construction of multi-use trails in suburban and rural areas. Furthermore, this paper is used to test if theories of green gentrification also hold true outside of urban areas. A total of 8,619 house transactions conducted between 2005 to 2019 are …


The Impact Of Photovoltaic Solar Panels On High- And Low-Income Areas, Sam Vanasse May 2020

The Impact Of Photovoltaic Solar Panels On High- And Low-Income Areas, Sam Vanasse

Economics Student Theses and Capstone Projects

To determine the impacts of constructing PV solar panels on high- and low-income areas, this research utilized housing data from New York State since 1996, PV solar panel data from NYSERDA, and income data for New York in 2018. It used two difference-in-difference (DID) regression models covering three treatment groups to discover how high- and low-income housing values are impacted after the construction of PV solar panels. Previous research established a precedent in which a difference between these demographic groups could be expected. Utilizing accepted thought regarding energy systems and a disparate impact on differing income groups, as well as …


The Relationship Between Energy Consumption (Renewable And Non-Renewable) And Economic Growth In Northeast Asia, Seung Min Park May 2020

The Relationship Between Energy Consumption (Renewable And Non-Renewable) And Economic Growth In Northeast Asia, Seung Min Park

Economics Student Theses and Capstone Projects

The worldwide environmental crisis such as climate change and global warming motivates countries to use renewable energy. Additionally, the crisis provokes the importance of energy and the appearance of ecological economic theory. The Northeast Asia region has effectively embraced renewable energy production to enhance energy independence and energy security. Countries in the region require to maintain their production level to successfully complete the transition of energy use from the non-renewables to renewables. However, renewable energy’s impact on economic output in the Northeast Asia region is dubious. Moreover, only a small number of research on the availability of ecological economics in …


Interest Rate Setting Behavior In The Philippines, Inigo Ugarte May 2020

Interest Rate Setting Behavior In The Philippines, Inigo Ugarte

Economics Student Theses and Capstone Projects

This paper examines the recent conduct of monetary policy in the Philippines and the Bangko Sentral ng Pilipinas’ (BSP) interest rate setting behavior. In this paper, I use a standard open economy reaction function to see whether the BSP reacts more to changes in the inflation rate, exchange rate, and or the output gap. I find that in the Philippines, the interest rate responds strongly to exchange rates. Furthermore, interest rates are less consistently explained by inflation and more accurately explained by exchange rates. This tends to suggest that the BSP goes against its inflation targeting strategy and supports a …


How Does Syrian Immigration Affect Informal Labor Market In The Different Regions Of Turkey?, Berk Senoglu May 2020

How Does Syrian Immigration Affect Informal Labor Market In The Different Regions Of Turkey?, Berk Senoglu

Economics Student Theses and Capstone Projects

The Syrian War has caused a major refugee crisis in the world starting in 2011. From then, almost 5.6 million Syrians have been externally displaced due to the impact of ongoing civil war in the country. Since the beginning of the Syrian War, 3.57 million refugees have immigrated to Turkey as refugees. Especially, the cities near in the Syrian-Turkey border and Istanbul are the most populated ones. As the Syrian immigration problem continues to grow in Turkey, the unsystematic settling of Syrian refugees has caused unstable sub-regional labor markets in some cities of Turkey. In addition to Turkey’s recent economic …