Open Access. Powered by Scholars. Published by Universities.®

Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Articles 1 - 13 of 13

Full-Text Articles in Social and Behavioral Sciences

The Perceived Return On College Investment In Relation To Economic Expectations Of Students At The University Of Maryland, Joshua S. Roston Nov 2017

The Perceived Return On College Investment In Relation To Economic Expectations Of Students At The University Of Maryland, Joshua S. Roston

Undergraduate Economic Review

This paper presents the results of a survey conducted in the spring semester of 2017 of University of Maryland students. The results illustrate how University of Maryland students weigh the decision to attend college in terms of their perceived current economic situation and future expectations as well as predicted return on investment. A body of economic literature on the perception of return on investment from attending college exists already and this study hopes to add to the discussion as its results are unexpected. The results imply that the current generation of college students feels uncertain over the worthwhileness of higher …


Take Me Out To The Ball Game? The Effect Of Crime On Major League Baseball Game Attendance, Allison Jakubek Oct 2017

Take Me Out To The Ball Game? The Effect Of Crime On Major League Baseball Game Attendance, Allison Jakubek

Undergraduate Economic Review

Major League Baseball attendance has been examined since the league’s establishment in 1869. Winning percentage, opponent quality, and stadium quality have all been deemed significant determinants of increasing attendance, but deterring factors have yet to be closely examined. Since a majority of professional sports stadiums are constructed in economically poor, crime ridden areas, it seems natural to assume that crime could have an impact on people’s desire to attend Major League Baseball games. Panel data collected on twenty-eight teams over the course of ten years was used to determine whether or not crime rates have a significant effect on attendance.


Georgetown’S First Six Moocs: Completion, Intention, And Gender Achievement Gaps, Paul A. Healy Sep 2017

Georgetown’S First Six Moocs: Completion, Intention, And Gender Achievement Gaps, Paul A. Healy

Undergraduate Economic Review

This analysis of Georgetown’s first six MOOCs (massive open online courses) comprises three parts, moving from general to specific in scope. I begin with a discussion of demographic factors across all six courses, seeking to answer the following question: “Who takes, and succeeds in these courses?” Next, I discuss the relationship between stated intention and course performance with survey data from a pre-course survey for Georgetown’s very first MOOC, an economics course. I end by examining the gender achievement gap in the same economics course.


Obamacare And The Fight Against Income Inequality, Perry T. Mindo Jr Jul 2017

Obamacare And The Fight Against Income Inequality, Perry T. Mindo Jr

Undergraduate Economic Review

In this paper, we analyze the Affordable Care Act to determine the magnitude and significance of its effects on income inequality in America. Specifically, we find that the ACA decreased the Gini coefficient by 0.67% and reduced the share of income held by the top 20 percent of income earners by 0.67% over the time period of our study. Furthermore, we estimate that the ACA accounts for a redistribution of approximately $13 billion from the top 20 percent of income earners to the bottom 80 percent of income earners.


Rethinking Formalization Of Zimbabwe's Informal Sector, Nixon S. Chekenya Mr Jun 2017

Rethinking Formalization Of Zimbabwe's Informal Sector, Nixon S. Chekenya Mr

Undergraduate Economic Review

The notion of formalizing the informal sector in Zimbabwe is not new however; this paper asserts that although much is known on the subject, considerably little seems to be understood. This paper uses an extended literature review to characterize the identification of informality and explores the different approaches to formalizing informal activities. Furthermore, the concepts are contextualized to Zimbabwe’s environment as a way of articulating the reality of available options that may be integrated into the transition process. It emerges that there is diversity of circumstances in rural and urban settings, economic sectors, occupations and national contexts. In this regard, …


Investigating A Modern Midwestern Crisis: The Economy And Opioid Overdose Death In Ohio, Anna M. Gagliardo Jun 2017

Investigating A Modern Midwestern Crisis: The Economy And Opioid Overdose Death In Ohio, Anna M. Gagliardo

Undergraduate Economic Review

This paper examines the effect of local economic factors on the amount of opioid overdose deaths across counties in Ohio. Ohio leads the nation in opioid overdose deaths. The data examined spans all 88 counties of Ohio and compares 2009 and 2013 data, relying predominantly on Ohio Department of Health and US Census American Community Survey data. Using two linear regression models, I demonstrate that there is a significant correlation between insured rates and opioid overdose deaths in 2009 as well as a significant correlation between poverty rates and opioid overdose death rates in Ohio in 2013. Additionally, I show …


Local Union Strength’S Effects On Individual Employment Outcomes, Brianna J. Rippin Jun 2017

Local Union Strength’S Effects On Individual Employment Outcomes, Brianna J. Rippin

Undergraduate Economic Review

This cross-sectional analysis of employment in the 50 U.S. States during the years 2003-2012 provides evidence that increased local union strength does significantly diminish an individual’s hours worked. The multivariate OLS regression estimation reveals that the negative effect of union strength is dwarfed by the effects of proxies for worker quality such as one’s age, sex, and education level. However, union strength effects are found to be stronger than local economic trends. This research indicates that individual factors are the most important determinant of one’s employment outcomes as they are most indicative of productivity.


Fossil Fuels, Development And Aid: Should More Be Done To Help?, Jacob M. Walker May 2017

Fossil Fuels, Development And Aid: Should More Be Done To Help?, Jacob M. Walker

Undergraduate Economic Review

Previous works have demonstrated that developing nations rich in fossil fuels typically suffer from lower levels of economic growth than nations without them. Increased foreign aid in these countries could potentially reverse their misfortunes and improve their overall welfare. Three indicators were selected in this study to gauge national welfare; economic growth, improvements in national institutions and changes in life expectancy over time. Using a dataset of more than 100 nations collected from 1983-2010, however, I found foreign aid to have nearly zero effect on any of these measurements of national welfare within fossil fuel rich nations.


Preferences Among Mlb Fans: What Factors Affect Jersey Sales?, Gabe R. Dewerff May 2017

Preferences Among Mlb Fans: What Factors Affect Jersey Sales?, Gabe R. Dewerff

Undergraduate Economic Review

Skin tone has been shown to impact the number of jerseys a player sells in the NBA, so we wanted to determine if the same was true in Major League Baseball. In addition, we also determined what other factors affected a player’s jersey sale ranking. Our findings show that unlike in the NBA, MLB jersey sales are unaffected by a player’s skin tone. However, certain player statistics do cause a player to move up or down the jersey sale rankings.


Is Google Search Behavior Related To Volatility? Incorporating Google Trends Data Into A Garch Model For Equity Volatility, Timothy De Silva May 2017

Is Google Search Behavior Related To Volatility? Incorporating Google Trends Data Into A Garch Model For Equity Volatility, Timothy De Silva

Undergraduate Economic Review

Intuitively, one would expect that internet search volume would contain valuable information about investor sentiment for a company. With the development of new data sources, such as Google Trends, this relationship can be more easily and objectively examined. This paper seeks to examine the relationship between a company’s stock price volatility and its Google search volume. A small cross-section of twenty companies is considered, and the goal of this paper is to demonstrate the power of Google Trends data in hope of initiating further research. Using a conventional GARCH framework for financial market volatility, an economically and statistically significant contemporaneous …


The Importance Of Profitability In Determining Volatility Across Industries With Different Debt Levels, Timothy De Silva Apr 2017

The Importance Of Profitability In Determining Volatility Across Industries With Different Debt Levels, Timothy De Silva

Undergraduate Economic Review

This paper seeks to investigate the relationship between debt and volatility. No consensus currently exists on the effects of financial leverage on stock volatility. With the increased use of complex financial derivatives in recent decades, the importance of understanding the factors that influence volatility has become extremely important. By looking at a cross-section of industries, this paper demonstrates how the importance of profitability for explaining volatility changes depending on industry debt levels, which are endogenous and depend on industry characteristics.


The Payoff Of A Healthy Lifestyle While In College, Richard D. Angeletti Iii Apr 2017

The Payoff Of A Healthy Lifestyle While In College, Richard D. Angeletti Iii

Undergraduate Economic Review

This study analyzes the effect that an individual’s body mass index (BMI) has on their hourly compensation in their next job directly following attainment of their bachelor degree. This study uses the National Longitudinal Survey of Youth that started in 1997. This study aligned all the survey participants’ timeline of life events to be coordinated in such a way that bachelor degree attainment, regardless of year, is the common reference point. Sufficient observation of bachelor degree receipts was found in the year 2001 through 2007 resulting in a pooled data set across seven years. This study hypothesizes that individuals with …


Modelling Public-Education Spending Vs. Allocation As Independent Factors Of Educational Outcomes, Kevin Tasley Apr 2017

Modelling Public-Education Spending Vs. Allocation As Independent Factors Of Educational Outcomes, Kevin Tasley

Undergraduate Economic Review

This paper explores and expands upon the work of Hanushek and Wößmann (2007) whose accumulated findings propose increased educational spending provides only marginal returns in terms of student’s cognitive outcomes. This study constructs an OLS regression model to explore the significance of U.S. state education spending and financial allocations as independent factors of state-level average ACT scores over a 10-year time series. The model additionally accounts for self-selection and socio-economic status. The results of this study support Hanushek and Wößmann’s conclusions while also demonstrating evidence that shifts in allocations towards instructional spending, as opposed to increasing total expenditures, could have …