Business Commons^™

St. Cloud Area Quarterly Business Report, Vol. 23, No. 4, King Banaian, Richard A. Macdonald

St. Cloud Area Quarterly Business Report

The economic recovery from the unrelenting COVID shock continues in the St. Cloud area as firms report an optimistic future outlook and employment grows. However, underlying this optimism are increases in wages, prices, capital expenditures, and worker shortages that may prove unsustainable in a post-COVID economy. Strong future optimism by surveyed firms is restrained by the reality that monetary and fiscal stimulus is abating perhaps faster than the pandemic.

Data released by the Minnesota Department of Employment and Economic Development (DEED) indicate St. Cloud area employment increased 2% over the twelve months ending October 2021, but still 4,493 (4%) below …

St. Cloud Area Quarterly Business Report, Vol. 23, No. 3, King Banaian, Richard A. Macdonald

St. Cloud Area Quarterly Business Report

St. Cloud area economic recovery has begun as year-over-year regional employment has grown and surveyed local firms project strong business activity. While the pandemic appears to have created scars in the local economy that plague some of our local service sectors, many area firms continue to report challenges that are typically associated with rapid expansion—labor shortages, price increases, accelerating wage growth, etc. Data released by the Minnesota Department of Employment and Economic Development (DEED) indicate St. Cloud area employment increased 4.3 percent over the twelve months ending July 2021. However, employment in the Stearns-Benton Metropolitan Statistical Area (MSA) is still …

St. Cloud Area Quarterly Business Report, Vol. 23, No. 2, King Banaian, Richard Macdonald

St. Cloud Area Quarterly Business Report

The St. Cloud area economy is poised to exit recession as a variety of indicators suggest a broad-based recovery is on the horizon. While year-over-year data comparisons are now complicated by the historic decline in economic activity that occurred twelve months ago, there are signs that the pace of local economic activity continues to improve for many area firms. The pandemic has created scars in the local economy that will likely persist for months and years to come, but many area firms now seem to be experiencing challenges that are typically associated with rapid expansion—labor shortages, price increases, accelerating wage …

Bitcoin As A Viable Alternative To Legacy Reserve Assets: Reasons, Risks, And Adoption, Jeffry Blake Dunson Ii

Senior Honors Theses

Reserve assets include commodities, currencies, or other capital held by institutions as a hedge against the fluctuations of external factors. While the United States’ rise to power helped establish the US dollar as the most predominant reserve asset of the past fifty years, current events & the fast pace of technological advancement has exposed some limitations in the system. Blockchain technology has allowed for assets with cryptographically verifiable integrity that fundamentally depart from the US dollar standard and has potential to overhaul reserve assets as we know it. The course of this research details the downsides of legacy reserve assets, …

Evaluating Microfinance And The Potential To Economically Empower Women In The Sacred Valley Of Peru, Allison Mcnamara

CISLA Senior Integrative Projects

In the past 30 years, microfinance loans have become a highly popular strategy to reduce poverty and economically empower people in developing countries. Women in particular have become the primary recipients of microfinance loans. However, recent studies show that the loans only have short-term benefits, and ultimately contribute to the indebtedness of the Global South. This paper studies the effectiveness of microfinance loans in the Sacred Valley of Peru (Cusco), and their ability, or lack thereof, to economically empower women in this region.

Economic Growth In Haiti, Marc Arthur L. Barthelemy

Applied Economics Theses

Poverty is a persistent problem in Haiti, resulting in an abundance of famine and suffering for many. The root of poverty and the lack of economic growth in Haiti has been associated with political instability. From this perspective, this thesis investigates the relationship between political instability and economic growth within Haiti. In relation to the same, the question that is raised is “can economic growth promotes political stability?” This research is purposely designed to be qualitative to facilitate the investigation of the source of poverty and its relation to political instability. Case studies on South Korea and China have been …

Mental Illness Economics In The United States: A Comparison With Foreign Countries, Christopher Odum

Economics Undergraduate Honors Theses

In 2018, suicide was the tenth leading cause of death in the United States, claiming the lives of over forty-eight thousand people.1 Globally, eight-hundred thousand people die from suicide every year, which is twice the number from homicide.2 For years, there has been a stigma around mental illness causing it to be a taboo topic, but recently there has been more of a focus and acceptance in our society. Along with the stigma, throughout most of history there has not been a focus on innovating and curing mental health diseases. In many cases, these diseases left unchecked lead to irrational …

Census Tracts, Racial Separation, And The Landscape Of Higher Education, Aaron Scholl

College of Business: Dissertations, Theses, and Student Research

This dissertation centers on research at the intersection of labor, public, and urban economics. Chapter 1 details the role, process, and history of census tract delineation prior to each Decennial Census, and investigates short- and long-run implications of neighborhoods that receive further delineation, or become “split”. Using a difference-in-differences empirical design, I exploit Decennial Censuses from 1980 to 2010 to find that “split” census tracts increase in their proportion of Black residents and these effects persist decades. Further evidence suggests that the Low-Income Housing Tax Credit program may play a role in concentrating residents in areas with greater census tract …

A Study On The Federal Reserve’S Influence On The Stock Market, Patrick Mcfarland

Undergraduate Honors Thesis Projects

With the growing age of the tech economy, post housing crash financial market, and unprecedented challenges like a global pandemic with a death toll in the millions, major financial institutions in the United States have been forced to reconsider many aspects of the old ways of doing things. The most influential institution in the U.S., the Federal Reserve (the Fed), has become more involved with the financial markets over the past several decades. Using a sample of 134 publicly-traded companies, I analyzed variables to assess the effects of the Fed’s new influence on market expectations from the past ten years. …

The Integral Of Education Technology In The Society, Prof. Iwasan D. Kejawa Ed.D

School of Computing: Faculty Publications

Abstract

Are there ways people can better utilize technology to suit their needs in the society of ours? It has been inferred that without technology, our lives would be miserable. The societal factors of using technology are an important area of the technical education system in the world. Are we really learning and using technologies to our advantage? Does technology provide the necessary ingredients or proper ways for the education of all in the society? A look into what constitutes the means and how technology education can be improved and be implemented is explored and emphasized in this work. The …

1st International Conference On Economics And Sustainable Development Conference Proceedings, Iba School Of Economics And Social Sciences (Sess), Center For Business And Economic Research (Cber)

Conference Proceedings

The IBA School of Economics and Social Sciences (SESS) and the Center for Business and Economic Research (CBER) organized the 1st International Conference themed "Economics and Sustainable Development", in the month of April, 2021. The conference brought together academics, practitioners and advocates to have a dialogue on creative ideas, local and global best practices, and evidence-based solutions for sustainable development.

St. Cloud Area Quarterly Business Report, Vol. 23, No. 1, King Banaian, Richard Macdonald

St. Cloud Area Quarterly Business Report

Revised data released by the Minnesota Department of Employment and Economic Development (DEED) indicate St. Cloud area employment declined 6.5 percent over the twelve months ending January 2021. Area employment was 7,097 lower than one year earlier as the local recession continues into its second year. The pandemic has adversely affected nearly all local sectors—only the local construction center has experienced job growth over the past year. Ninety percent of the impact was felt in approximately one-half of area employment. For example, employment in the local leisure & hospitality sector was one-third lower over the past twelve months and the …

A Critical Look At The Failure Of Mainstream Economics, Joseph M. Dipoli

Journal of Global Business Insights

Book Review

Foundations of real-world economics: What every economics student needs to know (2nd ed.), by John Komlos, New York, Routledge, 2019, 306 pp., $42.95 (Paperback), ISBN 9781138296541.

Many people in the United States of America are dissatisfied with the outcomes of the economy and some are suggesting measures that seem socialistic. The time has come to recognize that mainstream economics as taught in our schools is not serving students at all. The research sharing platform of the Latin American and Caribbean Economic Association (LACEA) states that John Komlos’s textbook Foundations of Real-World Economics: What Every Economics Student Needs to …

The Pittsburg Micropolitan Area Economic Report, Quarter 4, 2021, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Pittsburg Micropolitan Area Economic Profile, 2021, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Profile is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Pittsburg Micropolitan Area Economic Report, Quarter 1, 2021, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Pittsburg Micropolitan Area Economic Report, Quarter 2, 2021, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Pittsburg Micropolitan Area Economic Report, Quarter 3, 2021, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

Employee Ownership And Moral Hazard: How Broad-Based Equity Sharing Can Lower Agency Costs And Reduce Inequality, Colin Clinton Hudson

Electronic Theses and Dissertations

Providing incentives to top managers by offering equity has become the norm; this practice, however, does not hold for all levels of employees. After tax incentives for employee ownership were introduced through the Employee Retirement Income Security Act of 1974, there has been little legislative support to encourage companies to implement broad-based equity sharing programs. Moreover, decades of neoliberal policies have incentivized the pursuit of short-term profits and speculation, which contribute to economic instability and explain the growing gap between productivity and real wages observed since the late 1970s. Developments in the literature contend that employee ownership aligns the goals …

Competition In Economic Theory And The Skew In U.S. Corporate Wealth Creation, Marc H. Pentacoff

Electronic Theses and Dissertations

Historical studies of U.S. capital markets show a dramatic skew in the distribution of corporate wealth. This thesis investigates the evolution of economic thought related to realistic models of competition, seeking to find the most suitable theory of competition to explain this skew in U.S. corporate wealth creation. The incorporation of realistic elements into the static theories of competition leads to theoretical difficulties in the early 20th century. Another line of thought developed non-equilibrium dynamic models of competition, culminating in Schumpeter. In Schumpeter, firms seek to manage the uncertainty f rom rapid change induced by innovation and increasing returns by …

The Decision To Play: College Football In The Era Of Covid-19, Jason Tabit

Undergraduate Honors Theses

COVID-19 upended life around the world, including on college campuses across the U.S. where institutions restructured their class modalities, campus life, extracurricular activities, and intercollegiate athletics - including college football. We examine the factors that led universities to make their decisions to play or not play college football during fall 2020, hypothesizing that the decision to play would be consistent with the decision about class modality for health and safety reasons, and that monetary and political motivations would also play a significant role. We collected data for 249 institutions and used logistic regression techniques to test our hypotheses. We ultimately …

The Housing Market: Will It Crash Or Boom In 2021?, Manuel Reyes-Loya

Hibbs Brief

In this issue of the Hibbs Brief, we discuss some facts and statistics regarding the United States housing market in 2020 and early 2021. Then, we present current home sales figures and potential scenarios for 2021 for the nation and Tyler, Texas.

Effects Of Sentiments On The Morphing Of Falsehoods And Correction Messages On Social Media, Kelvin K. King, Bin Wang, Diego Escobari

Information Systems Faculty Publications and Presentations

The burgeoning literature on fake news reveals that the emotional context of the message is a major factor that drives its diffusion on social media. However, studies have largely missed a major aspect of the diffusion process, which is the morphing of the textual contents themselves during this process. Our study first visually illustrates through hazard functions that, while falsehoods morphs aggressively at the initial stages, correction messages morph more aggressively in the long run. In addition, we leverage on cosine distance and econometric modeling to empirically investigate how sentiment affects the morphing of fake news and their correction messages. …

The Effect Of Low Skill Job Opportunities On Postsecondary Enrollment, Mallory Radesic

Williams Honors College, Honors Research Projects

This research examines the effect that low skill job opportunities have on the probability of enrollment in postsecondary institutions between men and women, namely the construction and manufacturing industries. The research is based on the human capital investment theory, which states that individuals will enroll in postsecondary institutions when the perceived benefits outweigh the costs. More job opportunity heightens the opportunity cost of enrollment, hence lowering the probability of enrollment. After running a probit model, there is evidence that enrollment is countercyclical and that enrollment decisions do not vary significantly between men and women. I find that a 1 percent …

Market Structure And Quality Of Service: Investigating Oligopolies And The Quality Of Nursing Home Care In California During The Covid-19 Pandemic, Tessa Ireton

Senior Independent Study Theses

Quality-of-service outcomes in nursing homes are of great social and human importance. However, especially during the COVID-19 pandemic, consistently maintaining markets with high quality care has been a pervading issue in the American nursing home industry. Furthermore, the industry is strongly characterized by oligopolies, a market structure that literature indicates may be less compatible with quality service than competitive markets. With this paper, I aim to investigate the possible intersection of oligopolist market structures and the quality of nursing home care during the COVID-19 pandemic. I start by describing quality of care in nursing homes, particularly during the COVID-19 pandemic, …

A Contemporary Study On The Impact Of Regulations On Business Performance, Brian C. Mulligan

Theses and Dissertations

This dissertation examines Nobel Prize Laureate Hayek's ominous warning that economic liberty in the U.S. is at risk, due to regulations, of becoming an unplanned administrative state. The research seeks to understand the effects of regulations on business performance and how to right-size them for a healthy business environment. These objectives are accomplished with two papers: (1) a macro cross-discipline literature review and call for research on the impact of regulations on business performance, and (2) a qualitative grounded theory study from interviews from elite business executives on their perspectives on the impact of regulations on business performance. The findings …

Coastal Empire Economic Monitor, 1st Quarter, 2021, Georgia Southern University Center For Business Analytics And Economic Research

Coastal Empire Economic Monitor

The Economic Monitor provides a continuously updated quarterly snapshot of the Savannah Metropolitan Statistical Area economy, including Bryan, Chatham, and Effingham counties in Georgia. The coincident index measures the current economic heartbeat of the region. The leading index is designed to provide a short-term forecast of the region's economic activity in the upcoming six to nine months.

Coastal Empire Economic Monitor, 2nd Quarter, 2021, Georgia Southern University Center For Business Analytics And Economic Research

Coastal Empire Economic Monitor

The Economic Monitor provides a continuously updated quarterly snapshot of the Savannah Metropolitan Statistical Area economy, including Bryan, Chatham, and Effingham counties in Georgia. The coincident index measures the current economic heartbeat of the region. The leading index is designed to provide a short-term forecast of the region's economic activity in the upcoming six to nine months.

Cleaning Corporate Governance, Jens Frankenreiter, Cathy Hwang, Yaron Nili, Eric L. Talley

Faculty Scholarship

Although empirical scholarship dominates the field of law and finance, much of it shares a common vulnerability: an abiding faith in the accuracy and integrity of a small, specialized collection of corporate governance data. In this paper, we unveil a novel collection of three decades’ worth of corporate charters for thousands of public companies, which shows that this faith is misplaced.

We make three principal contributions to the literature. First, we label our corpus for a variety of firm- and state-level governance features. Doing so reveals significant infirmities within the most well-known corporate governance datasets, including an error rate exceeding …

Business Risk And Attest Service Fees: Understanding The Effect Of Low Fed Interest Rates On Bank Audit Fees, Lucas Erik Jones

Honors Theses and Capstones

No abstract provided.