Social and Behavioral Sciences Commons^™

Essays In International Macroeconomics, Arjun Sondhi

Wayne State University Dissertations

Financial crisis of 2007 provides a renewed interest in financial market linkages and their effect on macro variables. In an open-economy dynamic stochastic general equilibrium model setting, two things are investigated in this paper. First, what role do financial linkages play in propagating asymmetric cross-country dynamics. Specifically, the impact of a productivity shock in home country leads to a more synchronous behavior in consumption and investment in recessions than in expansions. Secondly, a new source of shock is included, one in the financial sector itself. Cross-country asset prices and fixed assets move identically in this scenario implying perfect risk-sharing.

Essays On Health And Labor Market Outcomes, Maryam Jafari Bidgoli

Wayne State University Dissertations

This dissertation examines the relationship between health and labor market outcomes using the 1996-2010 longitudinal RAND Health and Retirement Study (HRS). First, it estimates the relationship between health and labor supply using a simultaneous equation model, treating health as endogenous. The effect of health may be overestimated because people may adjust their non-employment status by their health conditions (justification hypothesis). By using a full information maximum likelihood method, we can conduct a true test of exogeneity on the health variable, taking into account the correlation between two labor supply and health equations’ time-varying error components (unobserved heterogeneity). The results confirm …

Does Tort Reform Affect The Market For Lawyers? Evidence From The U.S States., Ablaye Camara

Wayne State University Dissertations

This paper investigates the determinants of the market for lawyers with a focus on demand variables including tort reform laws. In this study, I used the Feasible Generalized Least Squared method and a Panel Corrected Standard Error method, with year and State identifiers applied to a panel of U.S states, to estimate the determinants of the Number of Lawyers. I also used the Fixed Effect model with year and state identifiers to evaluate the effects of these determinants on the Earnings of Lawyers.

The findings show that the Lagged Number of Lawyers and the Lagged Alternative Earnings are both significant …

Maternal Employment, Quality Time And Children Outcomes, Ahlam El Yaman

Wayne State University Dissertations

In this paper, I explore two relationships using the three waves of the Child Development Supplement of the Panel Study of Income Dynamics. In the first model, I assess the effect of maternal employment on the quantity and quality of time spent with the child. I use child and family fixed estimation and I also look at whether this relationship varies according to the mother’s educational attainment, the gender and the age of the child. In the second model, I estimate child production functions to examine the effects of quantity and quality of mother-child time on children’s behavioral and cognitive …