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Full-Text Articles in Social and Behavioral Sciences
Dao Selected For Economics Research Fellowship, Hannah Dhue
Dao Selected For Economics Research Fellowship, Hannah Dhue
News and Events
No abstract provided.
Duffee ’14 Named Technos Award Winner, Tia Patsavas
Duffee ’14 Named Technos Award Winner, Tia Patsavas
News and Events
No abstract provided.
The Effects Of Background Factors On Afqt Score, Jaret Kanarek
The Effects Of Background Factors On Afqt Score, Jaret Kanarek
Honors Projects
The introduction of the National Longitudinal Survey of the Youth (NLSY) 1979 and 1997 cohorts made Armed Forces Qualifications Test (AFQT) score data widely available and has thus dramatically increased its use in academic research. However, there is strong evidence that a wide variety of background factors, such as poverty status, race, and parent’s education level, affect AFQT score. Human capital theory, in conjunction with the pathways framework, suggests that these background factors have both direct and indirect effects on AFQT score. The focus of this research is measuring some of the important direct and indirect pathways through which background …
The Effect Of Relative Wage On Hours Worked, Mark Giannis
The Effect Of Relative Wage On Hours Worked, Mark Giannis
Honors Projects
Traditional economic research on the number of hours that one chooses to work depends largely on wage rates and total family income. However, more recent research in behavioral economics suggests that one’s relative position in the community’s income distribution could also affect hours worked. This paper investigates the effect of an individual’s relative wage will have on their actual hours worked. Relative wage is defined as how one’s wage compares to others within the same geographical region. Cross-sectional data from 2004 to 2013 is used from the Current Population Survey to estimate the traditional labor supply function with the addition …
Trade Openness And Economic Growth, Anh Tung Dao
Trade Openness And Economic Growth, Anh Tung Dao
Mark A. Israel '91 Endowed Summer Research Fund in Economics
Trade liberalization has been central to the discussion of development policy in recent decades. In the 1990s, the Washington Consensus, a set of 10 major development policy recommendations from Washington-based institutions such as the International Monetary Fund (IMF) and the World Bank (WB), regarded trade openness as essential to the achieve higher economic growth. Trade policy, according to the Washington Consensus, should focus on lowering tariffs on imports, especially cheap intermediate inputs that give countries competitive edges in export industries. Although acknowledging the negative effects this type of policy could have on competing domestic industries, the Consensus believed that protection …
Estimating The Effect Of Home Court Advantage On Wins In The Nba, Jason Kotecki
Estimating The Effect Of Home Court Advantage On Wins In The Nba, Jason Kotecki
Honors Projects
What is the effect of home court advantage in the National Basketball Association (NBA)? Based on the Economic Theory of Professional Sports and the concept of shirking, teams should perform better at home than they do on the road. Descriptive statistics support this expectation. It is hypothesized that a home court advantage is due to fan attendance, field goal and free throw percentages, and fouls called by the referee. Following every NBA team and every game played over a three-year span (2008-2011), this paper estimates the probability of producing a win at home based on the aforementioned variables. Using a …
Does Educational Inequality Explain Income Inequality Across Countries?, Claudia Petcu
Does Educational Inequality Explain Income Inequality Across Countries?, Claudia Petcu
Honors Projects
A wide variety of studies support the notion that income inequality has detrimental effects on a country’s economic growth, levels of trust in government, and even health of its citizens. Throughout economics literature, numerous researchers have endeavored to explain the variance in income inequality across countries. One notable area of inquiry examines how dispersion in education of the labor force impacts income inequality, but it generally yields ambiguous and inconsistent results. This paper examines income inequality as a function of educational inequality in a cross-sectional analysis. It attempts to improve on previous research by utilizing more recent data such as …
Open Trade Policies: Filthy Fog Of The Future?, Erin Wachtel
Open Trade Policies: Filthy Fog Of The Future?, Erin Wachtel
Honors Projects
This paper focuses on the relationships between open trade, environmental policies, and greenhouse gas exposures between the United States, Canada, and Mexico. Comparative advantage theory posits that opening up to trade will capitalize on a country's efficiency and increase a country's gross national product. Furthermore, because of less government regulations in underdeveloped countries, it is hypothesized that as GDP increases in Mexico, there could also be a subsequent increase in air pollutants. This study focuses on what determinants might have an effect on C02, NOx, NzO, and CHF3 emissions (the major greenhouse gas emission) in three countries (Canada, Mexico and …