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Social and Behavioral Sciences Commons™
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Articles 1 - 15 of 15
Full-Text Articles in Social and Behavioral Sciences
Persistence In Industrial Policy Impacts: Evidence From Depression-Era Mississippi, Matthew Freedman
Persistence In Industrial Policy Impacts: Evidence From Depression-Era Mississippi, Matthew Freedman
Matthew Freedman
This paper studies the effects of a large-scale industrial policy implemented in 1930s Mississippi on contemporaneous and modern-day labor market outcomes. Attracted by unprecedented government incentives under Mississippi’s Balance Agriculture with Industry (BAWI) Program, 13 large manufacturing plants established operations in the state between 1936 and 1940. Using difference-in-differences and synthetic control matching techniques, I estimate that counties that received these plants experienced an over 15% increase in female labor force participation on average in the short run. Moreover, these effects persisted decades into the future, well after many of the original companies shut down. I also find suggestive evidence …
Immigration, Employment Opportunities, And Criminal Behavior, Matthew Freedman, Emily Owens, Sarah Bohn
Immigration, Employment Opportunities, And Criminal Behavior, Matthew Freedman, Emily Owens, Sarah Bohn
Matthew Freedman
We take advantage of provisions of the Immigration Reform and Control Act of 1986 (IRCA), which granted legal resident status to long-time unauthorized residents but created new obstacles to employment for more recent immigrants, to explore how employment opportunities affect criminal behavior. Exploiting administrative data on the criminal justice involvement of individuals in San Antonio, Texas and using a triple-differences strategy, we find evidence of an increase in felony charges filed against residents most likely to be affected by IRCA’s employment regulations. Our results suggest a strong relationship between access to legal jobs and criminal behavior.
Revisions requested at American …
Exploring The Relationship Between Agricultural Electricity Consumption And Output: New Evidence From Turkish Regional Data, Eyup Dogan, Maamar Sebri, Berna Turkekul
Exploring The Relationship Between Agricultural Electricity Consumption And Output: New Evidence From Turkish Regional Data, Eyup Dogan, Maamar Sebri, Berna Turkekul
Maamar Sebri
This study investigates the relationship between agricultural electricity consumption and agricultural output for a panel of 12 regions of Turkey for the period 1995–2013. In order to reveal the possible heterogeneity between regions, empirical analyses are conducted for the whole panel data and two sub-groups within the panel data; namely, coastal regions and non-coastal regions. The results from several panel unit root tests indicate that electricity consumption and output are stationary process at their levels for overall panel and the two specific groups. By using the OLS with regional fixed effects, this study finds that coefficient estimate of electricity consumption …
Your Friends And Neighbors: Localized Economic Development And Criminal Activity, Matthew Freedman, Emily G. Owens
Your Friends And Neighbors: Localized Economic Development And Criminal Activity, Matthew Freedman, Emily G. Owens
Matthew Freedman
We exploit a sudden shock to demand for a subset of low-wage workers generated by the 2005 Base Realignment and Closure (BRAC) program in San Antonio, Texas to identify the effects of localized economic development on crime. We use a difference-in-differences methodology that takes advantage of variation in BRAC’s impact over time and across neighborhoods. We find that appropriative criminal behavior increases in neighborhoods where a fraction of residents experienced increases in earnings. This effect is driven by residents who were unlikely to be BRAC beneficiaries, implying that criminal opportunities are important in explaining patterns of crime.
Forthcoming in the …
The Urban Density Premium Across Establishments, R. Jason Faberman, Matthew Freedman
The Urban Density Premium Across Establishments, R. Jason Faberman, Matthew Freedman
Matthew Freedman
We use longitudinal establishment data to estimate the urban density premium for U.S. establishments, controlling for observed establishment characteristics and dynamic establishment behavior. Consistent with previous studies, we find an elasticity of average establishment earnings with respect to metropolitan area population of 0.03, controlling for the endogeneity of location and establishment and metropolitan area characteristics. More importantly, we find that the estimated density premium is realized almost entirely at entry and is constant over an establishment’s life. We find little evidence that the endogenous entry or exit of establishments can account for any of the estimated density premium. We interpret …
General Equilibrium Models With Morishima Elasticities Of Substitution In Production, Daniel H. Karney
General Equilibrium Models With Morishima Elasticities Of Substitution In Production, Daniel H. Karney
Daniel H Karney
Analytical general equilibrium (AGE) models are important tools that economists use to answer questions about theory and policy. When a production function has three or more inputs, the traditional modeling technique employs Allen elasticities of substitution to represent general functional forms. This paper builds an analytical general equilibrium model using the Morishima elasticity of substitution (MES). Specifically, an existing model using Allen elasticities is reformulated to employ the MES and the new, closed-form solutions are interpreted with additional insights from the reformulation. Importantly, the special case of constant elasticity of substitution (CES) production follows directly when using Morishima elasticities, but …
The Role Of Conference Externalities And Other Factors In Determining The Annual Recruiting Rankings Of Football Bowl Subdivision (Fbs) Teams, Joshua Pitts, Brent Evans
The Role Of Conference Externalities And Other Factors In Determining The Annual Recruiting Rankings Of Football Bowl Subdivision (Fbs) Teams, Joshua Pitts, Brent Evans
Joshua Pitts
In this article, we analyse the impact of school, head coach and conference characteristics on a college football team’s annual recruiting ranking. Utilizing panel data collected from various sources covering 2002–2014, we find that measures of recent school success such as having winning seasons and finishing seasons ranked in the Associated Press (AP) top 25 poll have a positive impact on a team’s recruiting ranking. Similarly, schools with more successful head coaches tend to earn better recruiting classes, while schools facing bowl bans, scholarship restrictions and probation tend to earn worse recruiting classes. Various measures of conference achievement indicate that …
Undergraduate Intermediate Microeconomics (Econ 301), Matthew Freedman
Undergraduate Intermediate Microeconomics (Econ 301), Matthew Freedman
Matthew Freedman
This is a four-credit course that builds on the theory developed in principles of microeconomics. This course is required for students with a major in economics or with a major in business and a concentration in economics. The goals of this course are (1) to analyze the workings of markets from a quantitative rather than purely conceptual perspective; (2) to use calculus to solve microeconomics problems; (3) to be able to apply microeconomic theory to real world issues; (4) to be able to explain the intuition behind microeconomic models. Topics include the basics of demand and supply, elasticity, consumer choice, …
Undergraduate Labor Economics (Econ 336), Matthew Freedman
Undergraduate Labor Economics (Econ 336), Matthew Freedman
Matthew Freedman
In this course, students will be expected to think critically about labor economics and to apply theoretical concepts related to wage and employment determination to real-world policy and workplace issues. Students will demonstrate their mastery of the subject through class participation as well as in exams, problem sets, and a writing assignment. Learning how to analyze and draw inferences from labor market data represents a key component of the class. Topics covered include, but are not limited to, labor supply and demand, human capital investment, firm compensation policy and performance incentives, unemployment, unions, discrimination, and wage inequality.
Course materials are …
Violence And Birth Outcomes: Evidence From Homicides In Brazil, Martin Koppensteiner, Marco Manacorda
Violence And Birth Outcomes: Evidence From Homicides In Brazil, Martin Koppensteiner, Marco Manacorda
Martin Foureaux Koppensteiner
This paper uses microdata from Brazilian vital statistics on births and deaths between 2000 and 2010 to estimate the impact of in-utero exposure to local violence – measured by homicide rates – on birth outcomes. The estimates show that exposure to violence during the first trimester of pregnancy leads to a small but precisely estimated increase in the risk of low birthweight and prematurity. Effects are found both in small municipalities, where homicides are rare, and in large municipalities, where violence is endemic, and are particularly pronounced among children of poorly educated mothers, implying that violence compounds the disadvantage that …
Inference Of Self-Exciting Jumps In Prices And Volatility Using High-Frequency Measures, Worapree Ole Maneesoonthorn, Catherine S. Forbes, Gael M. Martin
Inference Of Self-Exciting Jumps In Prices And Volatility Using High-Frequency Measures, Worapree Ole Maneesoonthorn, Catherine S. Forbes, Gael M. Martin
Worapree Ole Maneesoonthorn
Dynamic jumps in the price and volatility of an asset are modelled using a joint Hawkes process in conjunction with a bivariate jump diffusion. A state space representation is used to link observed returns, plus nonparametric measures of integrated volatility and price jumps, to the specified model components; with Bayesian inference conducted using a Markov chain Monte Carlo algorithm. An evaluation of marginal likelihoods for the proposed model relative to a large number of alternative models, including some that have featured in the literature, is provided. An extensive empirical investigation is undertaken using data on the S&P500 market index over …
Does A Ban On Informal Health Providers Save Lives? Evidence From Malawi, Edward Okeke, Susan Godlonton
Does A Ban On Informal Health Providers Save Lives? Evidence From Malawi, Edward Okeke, Susan Godlonton
Edward Okeke
Informal health providers ranging from drug vendors to traditional healers account for a large fraction of health care provision in developing countries. They are, however, largely unlicensed and unregulated leading to concern that they provide ineffective and, in some cases, even harmful care. A new and controversial policy tool that has been proposed to alter household health seeking behavior is an outright ban on these informal providers. The theoretical effects of such a ban are ambiguous. In this paper, we study the effect of a ban on informal (traditional) birth attendants imposed by the Malawi government in 2007. To measure …
"Immigrants And Mortgage Delinquency", Zhenguo Lin, Yingchun Liu, Jia Xie
"Immigrants And Mortgage Delinquency", Zhenguo Lin, Yingchun Liu, Jia Xie
Jia Xie
No abstract provided.
The Role Of Coordination Bias In Platform Competition, Hanna Halaburda, Yaron Yehezkel
The Role Of Coordination Bias In Platform Competition, Hanna Halaburda, Yaron Yehezkel
Hanna Halaburda
This paper considers platform competition in a two-sided market that includes buyers and sellers. One of the platforms benefits from a favorable coordination bias in the market, in that for this platform it is less costly than for the other platform to convince customers that the two sides will coordinate on joining it. We find that the degree of the coordination bias affects the platform's decision regarding the business model (i.e., whether to subsidize buyers or sellers), the access fees and the size of the platform. A slight increase in the coordination bias may induce the advantaged platform to switch …
Designing Monetary Policy Committees, Volker Hahn
Designing Monetary Policy Committees, Volker Hahn
Volker Hahn
We integrate monetary policy-making by committee into a New Keynesian model to assess the consequences of the committee's institutional characteristics for inflation, output, and welfare. Our analysis delivers the following results. First, we demonstrate that transparency about the committee's future composition is typically harmful. Second, we show that short terms for central bankers lead to effective inflation stabilization at the expense of comparably high output variability. Third, larger committees generally allow for more efficient stabilization of inflation but possibly for less efficient output stabilization. Fourth, large committees and short terms are therefore socially desirable if the weight on output stabilization …