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Articles 1 - 9 of 9
Full-Text Articles in Social and Behavioral Sciences
A Statistical Analysis Of Economic Perceptions In The 2015 United Kingdom General Election, Amarvir Singh-Bal Mr.
A Statistical Analysis Of Economic Perceptions In The 2015 United Kingdom General Election, Amarvir Singh-Bal Mr.
Undergraduate Economic Review
This paper characterises the vote which took place in the United Kingdom's (U.K.) 2015 General Election as an ‘accountability instrument.’ In doing so, the research interrogates which sections of the electorate hold the incumbent government more accountable for economic outcomes between the 2010 and 2015 U.K. General Elections. The Rational Choice Theory and the Michigan Model are used in this study to present two interlinked, and yet distinct, hypotheses – that less politically informed and non-partisan voters are more likely to hold the government accountable for economic performances; compared to the politically informed and partisan voters within the electorate. Implementing …
Modelling Public-Education Spending Vs. Allocation As Independent Factors Of Educational Outcomes, Kevin Tasley
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 …
The Adoption Of Solar Cells In The Us: A Cross-Section Analysis, Iwnetim I. Abate
The Adoption Of Solar Cells In The Us: A Cross-Section Analysis, Iwnetim I. Abate
Undergraduate Economic Review
The amount of solar energy that falls on the earth’s surface in one minute equals the total annual energy consumption of the entire world’s population. The question is how to harvest the energy efficiently. Photovoltaic or solar cell is one of the few means of to harvest this energy. The main objective of this paper is to identify factors that determine the number of photovoltaic panel installation per a million people in the US and build a regression model to quantify their effect. Ten independent variables were studied and their effect was quantified. In addition, different statistical hypothesis tests were …
A Different Approach To Jensen’S Alpha And Its Relationship With Returning Ranking, Tingyu Du Ms.
A Different Approach To Jensen’S Alpha And Its Relationship With Returning Ranking, Tingyu Du Ms.
Undergraduate Economic Review
Based on Michael C. Jensen’s CAPM model (1968), this paper refines it with dummy variables included. It examines if fund manager’s skill is contributing to fund’s performance within a five-year span from June 2009 to June 2014, and if high total return ranking is related to outstanding Jensen’s Alpha. The findings coincide with Jensen’s research results.
Top Of The Order: Modeling The Optimal Locations Of Minor League Baseball Teams, W. Coleman Conley
Top Of The Order: Modeling The Optimal Locations Of Minor League Baseball Teams, W. Coleman Conley
Undergraduate Economic Review
Over the last twenty-five years, minor league baseball franchises have defined firm mobility. Revisiting the work of Michael C. Davis (2006), I construct a logistic regression model to predict which cities house minor league baseball teams. Six variables are tested for inclusion in the model, including population, income level, the number of major-league professional sports teams in a city, five-year population change, and distance from the closest professional team. Based on the model's predicted probabilities, cities are ranked in order of highest probability of having a team at each of the different levels from Class A to Class AAA.
Should You Do A Doctorate? The Changing Returns To Postgraduate Qualifications, Sven Hoeling, Lewis Gudgeon, Felix Hagemeister
Should You Do A Doctorate? The Changing Returns To Postgraduate Qualifications, Sven Hoeling, Lewis Gudgeon, Felix Hagemeister
Undergraduate Economic Review
Higher education in the UK has experienced radical change over the last two decades. The change has been driven by a number of factors, not least New Labour’s policy to send 50% of school leavers to university. The increased supply of graduates has weakened a first degree’s ability to function as a signal to employers, resulting in many individuals pursuing postgraduate study to make themselves more competitive. This paper aims to show the changing returns to Bachelor, Master and Doctoral degrees for the period 1997 to 2013 and recognises the increasing importance of Ph.D. graduates in the upcoming years.
Application Of Sgt Family Distributions In Quasi Maximum Likelihood Estimation, Samuel Dodini
Application Of Sgt Family Distributions In Quasi Maximum Likelihood Estimation, Samuel Dodini
Undergraduate Economic Review
In the classical normal linear regression model, ordinary least squares estimators (OLS) will be consistent and achieve the Cramer-Rao lower bound for any unbiased estimators. This paper examines the impact of several other error distributions on the properties of the OLS estimators. Several different types of example data commonly available to students and researchers in economics are used to illustrate the impact of nonnormality, because, in application, the assumption of normality may not hold in empirical testing. Using maximum likelihood, I demonstrate that flexible probability density functions better model the residual distribution of different types of data, which suggests improvements …
An Econometric Analysis Of Anti-Bullying Program Factors On Bullying In Public American Middle Schools And High Schools, Austin B. Beck
An Econometric Analysis Of Anti-Bullying Program Factors On Bullying In Public American Middle Schools And High Schools, Austin B. Beck
Undergraduate Economic Review
This paper seeks to answer the question: “Do typical factors of anti-bullying programs reduce the amount of bullying that takes place in American public middle schools and high schools?” An overview of the literature on bullying and anti-bullying programs is provided. Data from the School Survey on Crime and Safety is analyzed using a probit model. The model is tested for accuracy and the results are analyzed. Parental involvement and out-of-school suspension are found to be significant anti-bullying program factors. Other explanatory variables are also discussed and recommendations for further research are provided.
Does The Economy Determine The President? A Regression Model For Predicting Us Presidential Elections, Roy K. Roth
Does The Economy Determine The President? A Regression Model For Predicting Us Presidential Elections, Roy K. Roth
Undergraduate Economic Review
There is a prevalent belief that the economy determines the President. If the economy is good, the President keeps his job, if it is bad, he is out. A large body of econometric literature has been published on this topic. This paper takes a new approach. I look not at how the popular vote changes with economic conditions, but how the electoral vote changes. I further examine how these changes affect the probability that the incumbent party stays in office. I find that economic conditions may not be as important as they have been purported to be.