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Economics

2014

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Articles 1 - 30 of 83

Full-Text Articles in Education

Group-Average Observables As Controls For Sorting On Unobservables When Estimating Group Treatment Effects: The Case Of School And Neighborhood Effects, Joseph G. Altonji, Richard K. Mansfield Dec 2014

Group-Average Observables As Controls For Sorting On Unobservables When Estimating Group Treatment Effects: The Case Of School And Neighborhood Effects, Joseph G. Altonji, Richard K. Mansfield

Rick Mansfield

We consider the classic problem of estimating group treatment effects when individuals sort based on observed and unobserved characteristics. Using a standard choice model, we show that controlling for group averages of observed individual characteristics potentially absorbs all the across-group variation in unobservable individual characteristics. We use this insight to bound the treatment effect variance of school systems and associated neighborhoods for various outcomes. Across four datasets, our conservative estimates indicate that a 90th versus 10th percentile school system increases high school graduation and college enrollment probabilities by at least 0.047 and 0.11. Other applications include measurement of ...


Group-Average Observables As Controls For Sorting On Unobservables When Estimating Group Treatment Effects: The Case Of School And Neighborhood Effects, Joseph G. Altonji, Richard K. Mansfield Dec 2014

Group-Average Observables As Controls For Sorting On Unobservables When Estimating Group Treatment Effects: The Case Of School And Neighborhood Effects, Joseph G. Altonji, Richard K. Mansfield

Working Papers

We consider the classic problem of estimating group treatment effects when individuals sort based on observed and unobserved characteristics. Using a standard choice model, we show that controlling for group averages of observed individual characteristics potentially absorbs all the across-group variation in unobservable individual characteristics. We use this insight to bound the treatment effect variance of school systems and associated neighborhoods for various outcomes. Across four datasets, our conservative estimates indicate that a 90th versus 10th percentile school system increases high school graduation and college enrollment probabilities by at least 0.047 and 0.11. Other applications include measurement of ...


Why A Liberal Arts Education Really Is The Finest Undergraduate Experience, Michael Hemesath Dec 2014

Why A Liberal Arts Education Really Is The Finest Undergraduate Experience, Michael Hemesath

Administration Publications

No abstract provided.


Sticker Shock And Discounts, Michael Hemesath Dec 2014

Sticker Shock And Discounts, Michael Hemesath

Administration Publications

No abstract provided.


Tvet As An Important Factor In Country’S Economic Development, Margarita Pavlova Dec 2014

Tvet As An Important Factor In Country’S Economic Development, Margarita Pavlova

Practical Social and Industrial Research Symposium

In this keynote speech, Dr Pavlova will bring together a number of strategic development areas for Hong Kong as stated in the 2014 Chief Executive’s Policy Address. These areas include economic development, innovation and technology industries, vocational education and environmental protection.


An Urban Myth? New Evidence Of Equity, Adequacy And The Efficiency Of Educational Resources, Matthew Steinberg, Rand Quinn Dec 2014

An Urban Myth? New Evidence Of Equity, Adequacy And The Efficiency Of Educational Resources, Matthew Steinberg, Rand Quinn

CPRE Working Papers

In this article, we offer an empirical rejoinder to the oft-told story that large urban districts, like Philadelphia, are inefficient. We situate our study during the very short period in Pennsylvania’s recent history when efforts were dedicated to addressing the inequitable distribution of resources through a fair funding formula and to increasing the amount of resources available for education spending. Even in the presence of a funding formula, school districts like Philadelphia (SDP) with its large percentage of low-income students and English language learners were disproportionately burdened. Unsurprisingly, the SDP, like many districts across the nation, did not receive ...


Financial Literacy And Financial Inclusion Of Women In Rural Rajasthan, Emily Levi-D'Ancona Dec 2014

Financial Literacy And Financial Inclusion Of Women In Rural Rajasthan, Emily Levi-D'Ancona

Independent Study Project (ISP) Collection

Financial inclusion is an important step in development, as access to finances can help the poor build money and lift themselves out of poverty. In many parts of the developing world, and especially in India, microfinance is seen as a new approach to fighting poverty by bringing financial services, including low-interest loans, to the poor so that they can afford to start a business or invest and eventually gain self-sufficiency – in other words, a method of financial inclusion for the poor. However, microfinance in India cannot sufficiently reach the poor populations, especially those in rural India, and many of India ...


Student Debt, Continued, Michael Hemesath Nov 2014

Student Debt, Continued, Michael Hemesath

Administration Publications

No abstract provided.


Do You Know What You Owe? Students' Understanding Of Their Student Loans, Emily A. Andruska, Jeanne M. Hogarth, Cynthia Needles Fletcher, Gregory R. Forbes, Darin R. Wohlgemuth Nov 2014

Do You Know What You Owe? Students' Understanding Of Their Student Loans, Emily A. Andruska, Jeanne M. Hogarth, Cynthia Needles Fletcher, Gregory R. Forbes, Darin R. Wohlgemuth

Journal of Student Financial Aid

Using a data set that augments a student survey with administrative data from the Iowa State University Office of Financial Aid, the authors posed two questions: Do students know whether they have student loans? Do students know how much they owe on outstanding student loans? We used logistic and ordered logit regressions to answer these questions. Results suggest that although the majority of students are aware that they owe on student loans, many underestimate the amount they owe. One eighth of students in the current study reported no student debt when, in fact, they had a loan. Over a quarter ...


Changing Attitudes Toward Education?, Michael Hemesath Nov 2014

Changing Attitudes Toward Education?, Michael Hemesath

Administration Publications

No abstract provided.


An Urban Myth? New Evidence On Equity, Adequacy, And The Efficiency Of Educational Resources In Pennsylvania, Matthew Steinberg, Rand Quinn Nov 2014

An Urban Myth? New Evidence On Equity, Adequacy, And The Efficiency Of Educational Resources In Pennsylvania, Matthew Steinberg, Rand Quinn

CPRE Policy Briefs

How and in what ways money matters in education is a long-standing question among policymakers and education researchers. This issue is particularly salient to large, urban school districts, where debates on the organization of school often gravitate toward issues of financial resources and academic performance. Large urban districts, the story goes, spend more money per pupil but generate lower than expected results. In this policy brief, University of Pennsylvania researchers Matthew P. Steinberg and Rand Quinn present evidence that addresses the oft-told story that large urban districts, such as the School District of Philadelphia (SDP), are inefficient.


Trade And Divergence In Education Systems, Fali Huang, Pao-Li Chang Nov 2014

Trade And Divergence In Education Systems, Fali Huang, Pao-Li Chang

Research Collection School Of Economics

This article presents a theory on the endogenous choice of education policy and the two-way causal relationship between trade and education systems. A country’s education system determines its talent distribution and comparative advantage; the possibility of trade by raising the returns to the sector of comparative advantage in turn induces countries to further differentiate their education systems and reinforces the initial pattern of comparative advantage. Specifically, the Nash equilibrium choice of education systems by two countries interacting strategically are necessarily more divergent than their autarky choices, and yet less than what is socially optimal for the world.


Department Of Education Bumps Up Against Its Own Education Policies, Michael Hemesath Oct 2014

Department Of Education Bumps Up Against Its Own Education Policies, Michael Hemesath

Administration Publications

No abstract provided.


Productivity, Self-Discipline And The Residential Experience, Michael Hemesath Oct 2014

Productivity, Self-Discipline And The Residential Experience, Michael Hemesath

Administration Publications

No abstract provided.


Paying For Public Education: Students Versus Taxpayers, Michael Hemesath Oct 2014

Paying For Public Education: Students Versus Taxpayers, Michael Hemesath

Administration Publications

No abstract provided.


La Motivación Extrínseca Del Profesorado Universitario En Alemania Y En España: Un Análisis Empírico, Sergio A. Berumen Oct 2014

La Motivación Extrínseca Del Profesorado Universitario En Alemania Y En España: Un Análisis Empírico, Sergio A. Berumen

Sergio A. Berumen

In this work we review the concept of motivation and we stress the differences between intrinsic and extrinsic motivation. In the process we introduce the variables that have an impact on work motivation and the techniques used for its measurement. Below you will find an original model, used to measure extrinsic motivation. The fieldwork was carried out on a wide selection of professors at the following European universities: Freie Universität and Humboldt Universität in Germany, and Universidad Rey Juan Carlos in Spain, from March 2013 to August 2013.


Externalities And The Saint John’S Community, Michael Hemesath Sep 2014

Externalities And The Saint John’S Community, Michael Hemesath

Administration Publications

No abstract provided.


Salvaging Print: Letterhead In Post-Industrial Urban America, Nancy Sharon Collins Sep 2014

Salvaging Print: Letterhead In Post-Industrial Urban America, Nancy Sharon Collins

The Mid-America Print Council Conference

This panel will explore the link between today’s small press movement and the formal aspects of commercial printing during the American 20th century. Panelists include Christine Medley , Philip Gattuso, and Nancy Bernardo.

Using as its primary example letterhead from defunct companies in Detroit, and secondarily, specimens of business and legal letterhead from other urban centers of the industrial United States, this panel will examine and discuss: What did letterhead represent to 20th century printers in local markets such as Detroit? What is the significance of printed letterhead, and stationery, to the art of small press printing in post-industrial cities ...


The Adjunct Dilemma, Michael Hemesath Aug 2014

The Adjunct Dilemma, Michael Hemesath

Administration Publications

No abstract provided.


Starbucks And Moocs: A Natural Experiment, Michael Hemesath Aug 2014

Starbucks And Moocs: A Natural Experiment, Michael Hemesath

Administration Publications

No abstract provided.


Technological Determinism In Education?, Michael Hemesath Aug 2014

Technological Determinism In Education?, Michael Hemesath

Administration Publications

No abstract provided.


Expanding Human Capabilities Through The Adoption And Utilization Of Free, Libre, And Open Source Software, James D. Simpson Aug 2014

Expanding Human Capabilities Through The Adoption And Utilization Of Free, Libre, And Open Source Software, James D. Simpson

Theses & Dissertations

Free, libre, and open source software (FLOSS) is software that is collaboratively developed. FLOSS provides end-users with the source code and the freedom to adapt or modify a piece of software to fit their needs (Deek & McHugh, 2008; Stallman, 2010). FLOSS has a 30 year history that dates to the open hacker community at the Massachusetts Institute of Technology (MIT) where information and knowledge was freely shared among a community of programmers and end-users (Lessig, 2006; Stallman, 2010; Sullivan, 2011). The advent of a proprietary or closed software development model in the late 1970s and early 1980s prompted FLOSS advocates like Richard ...


Cash On The Table? A Behavioral Analysis Of Refund Claimants And Annuitants In The Illinois Teachers' Retirement System, Martin F. Lueken Aug 2014

Cash On The Table? A Behavioral Analysis Of Refund Claimants And Annuitants In The Illinois Teachers' Retirement System, Martin F. Lueken

Theses and Dissertations

This dissertation documents pension benefit choices made by public school teachers enrolled in the Illinois Teachers' Retirement System (TRS), where they choose between taking a lump-sum withdrawal of their refundable contributions and deferring a pension benefit. The analysis explores the extent to which vested teachers enrolled in TRS separate from service with positive pension wealth, estimates how much money is "left on the table" at a conventional discount rate, and investigates what types of teachers display higher or lower discount rates as indicated by cashout patterns. To control for the relative attractiveness between choices, the analysis relies on three central ...


Paying Campus Speakers?, Michael Hemesath Jul 2014

Paying Campus Speakers?, Michael Hemesath

Administration Publications

No abstract provided.


Book Review: Why Does College Cost So Much?, Edward J. Smith, Brian A. Sponsler Jul 2014

Book Review: Why Does College Cost So Much?, Edward J. Smith, Brian A. Sponsler

Journal of Student Financial Aid

NA


An Examination Of South Carolina’S Institutions Of Reform And Their Impact On The Self-Narratives Of African American Men, Ashley E. Krejci-Shaw Jul 2014

An Examination Of South Carolina’S Institutions Of Reform And Their Impact On The Self-Narratives Of African American Men, Ashley E. Krejci-Shaw

Capstone Collection

In the State of South Carolina (SC), African American male adolescents disproportionately face disciplinary action in public schools and other institutions. In 2013, South Carolina’s Department of Juvenile Justice (SCDJJ) released data that listed Black male children comprising 57% of all juvenile referrals in the state. This disproportionate trend is also present in South Carolina’s correctional system. In 2013, South Carolina’s Department of Corrections (SCDOC) reported that out of 20,777 male prisoners, 13,631 were Black. For adolescents or young adults looking to continue their education, alternative programs are available. One program that captures educationally displaced ...


The Rise And Fall Of The Hk Economy, Lok Sang Ho Jul 2014

The Rise And Fall Of The Hk Economy, Lok Sang Ho

Prof. HO Lok-sang

In this Chapter, I want to make a simple hypothesis. Hong Kong under the SAR Government had departed from the long-held recipe of success. The economic decline witnessed till the time of writing was the direct and immediate result of misguided government intervention, particularly in the property market. The nine-point rescue package announced on June 221998, however, showed that the SAR government might have learnt the lesson. In the absence of a full-hearted reversion to the old wisdom of positive nonintervention, however, the Hong Kong economy would continue to decline, and Hong Kong would lose its importance in the global ...


Some Good (Which Is To Say, Accurate) Student Debt News, Michael Hemesath Jul 2014

Some Good (Which Is To Say, Accurate) Student Debt News, Michael Hemesath

Administration Publications

No abstract provided.


Heartless Economists, Michael Hemesath Jul 2014

Heartless Economists, Michael Hemesath

Administration Publications

No abstract provided.


“It’S Like Rating A Blender”, Michael Hemesath Jul 2014

“It’S Like Rating A Blender”, Michael Hemesath

Administration Publications

No abstract provided.