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Economics

2023

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Full-Text Articles in Social and Behavioral Sciences

St. Cloud Area Quarterly Business Report, Vol. 25, No. 4, King Banaian, Mana Komai Molle Dec 2023

St. Cloud Area Quarterly Business Report, Vol. 25, No. 4, King Banaian, Mana Komai Molle

St. Cloud Area Quarterly Business Report

Businesses reported worsening economic conditions in the last three months of 2023, but expressed optimism for the first half of 2024. Over the year on a seasonal basis, only 135 jobs (0.1%) were added to the economy. Four of six regional economic indicators pointed down. Only 60% of businesses surveyed reported the same operating hours as they had had in 2020; half of the remaining 40% said their hours were more flexible, while the other half decreased hours of operation. They also said one third of customers now had higher expectations of firm performance than 2020. Improvements in speed and …


Assessing The Feasibility Of Implementing A Dairy Industry In Mauritius, Sophia Ultes Dec 2023

Assessing The Feasibility Of Implementing A Dairy Industry In Mauritius, Sophia Ultes

Economics Undergraduate Honors Theses

Mauritius faces food security and economic challenges due to its lack of a domestic dairy industry. To address this, the University of Arkansas partnered with the Ministry of Agro Industry and Food Security to explore the possibility of establishing a dairy sector on the island.

Through surveys and interviews with locals, including restaurant owners and grocery store customers, we investigated the demand for fresh milk. We also studied factors like consumer preferences and production costs. Our research, conducted with IRB approval, aimed to understand if people are willing to buy locally produced milk.

During the summer, our team visited Mauritius …


Moving Beyond Transactional Coursework To Enhance Student Success In University Classes, Mark R. Reavis, Kuldeep Singh Oct 2023

Moving Beyond Transactional Coursework To Enhance Student Success In University Classes, Mark R. Reavis, Kuldeep Singh

Journal of Educational Research and Practice

The goal of teaching is student success, but defining success can be daunting. A rudimentary description of student success involves academic achievement and students’ attainment of a high level of satisfaction with their educational process. The pinnacle of student success is transformational learning. Transformational learning is ultimately evidenced by knowledge-based, responsible, and autonomous thinking. Student engagement enhances student success. As a result, course design and assignment design are critical. The purpose of this paper is to demonstrate how an online discussion assignment can be used to enhance student engagement and increase student success in a university class. The assignment presented …


Paul And Economics: A Theology Of The Gospel And Economics, Brent Allen Myers Oct 2023

Paul And Economics: A Theology Of The Gospel And Economics, Brent Allen Myers

Doctoral Dissertations and Projects

An often overlooked biblical theology that the Apostle Paul addresses is economics. Economics impacts every area of an individual's life and even more so in the ancient world. Paul's chief concern is with the gospel of Jesus and one of the chief components of a believer's new life in Christ is how they handle their own economic situation. This work seeks to analyze the writings of Paul and explore his comments on the economic realities of individuals based on God's authority.


The Top 1% Of Earners In The Mountain West, Ivan Sun, Zachary Billot, Caitlin J. Saladino, William E. Brown Jr. Oct 2023

The Top 1% Of Earners In The Mountain West, Ivan Sun, Zachary Billot, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet examines data from the Smart Asset report, “America’s Top 1% Is Different in Each State: From a $370k to $950k Income,” which examines the thresholds of the top 1% of earners and the tax rates associated with those earners. The original report contains the income threshold, national rankings, and tax rates for the top 1% of earners in all 50 states. This fact sheet focuses on the data for the top 1% of earners in the Mountain West: Arizona, Colorado, Nevada, New Mexico, and Utah.


The Philippine Economy During The Japanese Occupation, Jasper Lem Sep 2023

The Philippine Economy During The Japanese Occupation, Jasper Lem

Asian Studies: Student Scholarship & Creative Works

The economy of the Philippines was derailed by the Japanese occupation during World War II. As an American colony before World War II, the Philippines had close amicable ties with the United States highlighted by promises of independence on July 4th, 1946. The Philippines also maintained a beneficial economic relationship with the States at this time through extensive foreign trade. However, because of the Japanese invasion, the Philippine economy was robbed of this profitable foreign trade and the promise of independence, severely crippling the island nation and her morale. The first policies implemented by Japan were designed to control the …


The Constraints Within Capitalism: An Evaluation Of Ann E. Cudd's "Enlightened Capitalism" In 'Capitalism, For And Against', Phoebe E. Shown Sep 2023

The Constraints Within Capitalism: An Evaluation Of Ann E. Cudd's "Enlightened Capitalism" In 'Capitalism, For And Against', Phoebe E. Shown

The Cardinal Edge

There is extreme partisanship in the United States regarding whether or not capitalism should continue to be implemented. This partisanship is apparent in Capitalism, For and Against: A Feminist Debate, by Ann E. Cudd and Nancy Holmstrom. The published debate between Cudd and Holmstrom ultimately discusses whether systemic changes can be placed upon capitalism for an ideal "enlightened capitalism", presented by Cudd, or if the United States should adopt a new economic system altogether, suggested by Holmstrom. I address Ann E. Cudd's argument for an "enlightened capitalism" by summarizing her main ideas, and proceed to refute it on the grounds …


St. Cloud Area Quarterly Business Report, Vol. 25, No. 3, King Banaian, Mana Komai Molle Sep 2023

St. Cloud Area Quarterly Business Report, Vol. 25, No. 3, King Banaian, Mana Komai Molle

St. Cloud Area Quarterly Business Report

Business leaders reported stronger local results in the last St. Cloud Quarterly Business Survey. 31% said their business activity expanded over the summer, while 24% said it had declined. Hiring improved, with continuing strength in wages paid, capital spending and prices received for products. The future outlook is much murkier, with 41% saying their business activity would expand over the next six months while 28% it would decline. Four of the six elements of the St. Cloud Index of Leading Economic Indicators rose in the May-July 2023 period while two others declined. Two special questions determined that employers think their …


St. Cloud Area Quarterly Business Report, Vol. 25, No. 2, King Banaian, Mana Komai Molle Jul 2023

St. Cloud Area Quarterly Business Report, Vol. 25, No. 2, King Banaian, Mana Komai Molle

St. Cloud Area Quarterly Business Report

This report found confirmation from area business leaders that a recession is at hand. 68% of our respondents thought a recession was coming when surveyed in December 2022 and still believe so six months later. Survey respondents were concerned about financial tightening resulting from disruptions in the banking industry, but very few have changed banks, and most did not see those disruptions as a significant factor in bringing about a recession.


Essays On Political Economy And Behavior, Seth Emblem May 2023

Essays On Political Economy And Behavior, Seth Emblem

Economics Theses and Dissertations

This dissertation consists of three essays which focus on the intersection of political economy and behavioral economics. I am interested in understanding how people behave in politically adjacent areas so that we can find the policy interventions that can best address the issues that arise from these areas. To do so, I utilize incentivized survey instruments and laboratory experiments to study how people behave in these settings. In Chapter 1, I examine the question of how people respond to standard political surveys and whether these surveys reflect people’s genuine beliefs regarding factual political questions. Responses to standard political surveys suggest …


The Effect Of Television Advertising On Gambling Behaviour: A Quasi-Experimental Study During The 2022 Qatar Fifa World Cup, Ellen Mcgrane, Rob Pryce, Matt Field, Elizabeth Goyder, Luke Wilson May 2023

The Effect Of Television Advertising On Gambling Behaviour: A Quasi-Experimental Study During The 2022 Qatar Fifa World Cup, Ellen Mcgrane, Rob Pryce, Matt Field, Elizabeth Goyder, Luke Wilson

International Conference on Gambling & Risk Taking

Abstract

Introduction:

The pervasiveness of gambling advertising and its relationship with football have been identified as areas of concern in the UK. Following the liberalisation of advertising laws in the 2005 Gambling Act, there has been increasing recognition of its public health impact. To date, there is a lack of evidence of the impact of advertising on behaviour in “real-world” settings.

Methods:

This study employs a natural experiment measuring the impact of television gambling advertising on the frequency of impulsive football bets placed during the World Cup. Longitudinal betting data collected from a sample of men (aged 18-45) will be …


Tempers Rising: The Effect Of Heat On Spite, Jake C. Cosgrove May 2023

Tempers Rising: The Effect Of Heat On Spite, Jake C. Cosgrove

Master's Theses

The relationship between heat and harmful outcomes is well documented, with research connecting various adverse economic outcomes to the climate. In the presence of increasing global warming and climate change, understanding why the climate leads to negative economic outcomes is essential for forming peaceful institutions of the future. We study how behavioral economic outcomes change in the presence of heat through a lab experiment involving 1,110 observations conducted in five different countries. This paper specifically focuses on the social preference outcome of spite. We find that increased time exposure to the treatment effect of heat is required to elicit an …


Impacts Of Rising Temperatures On Human Behavior With A Focus On Gender Differences, Stephanie Marie Emilia J. Hermoso May 2023

Impacts Of Rising Temperatures On Human Behavior With A Focus On Gender Differences, Stephanie Marie Emilia J. Hermoso

Master's Theses

Climate change is one of the biggest and most pressing issues the world is facing today. While its economic implications are substantial, it is also important to investigate the effects of climate change on human behavior. This paper examines the relationship of rising temperatures and its effect on an individual’s cooperative behavior – specifically egalitarianism, generosity, selfishness, and spite. This study will focus on the differences between how males and females react to the temperature. Research indicates that there are substantial behavioral differences between men and women. How do the economic decisions of men and women differ when interacted with …


Three Essays In The Economics Of Child Development And Health Inequities, Travis Whitacre May 2023

Three Essays In The Economics Of Child Development And Health Inequities, Travis Whitacre

Economics Theses and Dissertations

In chapter 1, I assess the long-term education and labor market effects of missed ADHD diagnoses. Doing so is challenging for two reasons. First, a person's true ADHD status is unobserved; only their diagnosed status is known. Second, even if diagnostic errors are observed, they are likely akin to non-classical misclassification errors and therefore endogenous. To overcome these empirical challenges, I use and extend on a partial observability model with genetic data from Add Health. Through the lens of the partial observability model. I recover an estimate of true ADHD status, and the probability of underdiagnosis. Then, I estimate their …


Chinese Political Rhetoric And Ideology: Tension And Pretension, Israel Paredes May 2023

Chinese Political Rhetoric And Ideology: Tension And Pretension, Israel Paredes

Honors Theses

This changing nature of the Chinese government’s ideology leads one to believe that its core beliefs are not dogmatic, despite the foundation for their ideology being rooted in specific societal and economic theories. Starting with Mao Zedong to modern day, the Chinese government officials will continue to support the original tenets (and, no doubt, future presidents’ additions to the tenets). However, the interpretation of their ideology over time is fluid and is used to support policies and actions during a political cycle. Chinese political leaders are unlikely to disagree with a past leaders, and will rather use their own interpretation …


America Without A Minimum Wage: Why The Federal Minimum Wage Should Be Abolished, Zachary Cary May 2023

America Without A Minimum Wage: Why The Federal Minimum Wage Should Be Abolished, Zachary Cary

Helm's School of Government Conference - American Revival: Citizenship & Virtue

Minimum wage policy may be the greatest economic policy issue where the common man has a strong opinion. Nearly every person has a view of how minimum wage policy should be enacted, whether it be in raising the federal minimum wage, changing the scope of authority in the federal government, or another policy. However, in discussing any kind of policy, the key details of the policy must be discussed in the framework of both how it would be affected and how it would impact its stakeholders. In this policy analysis, the Iron Triangle of Public Policy – the key executive …


An Economic Analysis Of The United Kingdom Given The Possible Effects Of Overthrowing The Northern Ireland Protocol, Joshua P. Brink May 2023

An Economic Analysis Of The United Kingdom Given The Possible Effects Of Overthrowing The Northern Ireland Protocol, Joshua P. Brink

Honors Thesis

This research paper examines the current conflict between the United Kingdom (UK) and the European Union (EU) regarding the Northern Ireland Protocol negotiation. This negotiation was created following the UK’s decision to leave the EU in an event known as Brexit. The conflict has occurred because many Brexiteers in the UK want to override parts of the Protocol since it is a burden for the UK’s economy. The EU, however, has threatened to retaliate since this would be breaking the agreement between these two parties. Furthermore, this paper attempts to evaluate the conflict as a whole, examining all perspectives of …


Self-Employment Industry Selection: An Evaluation Of Wealth And Demographics On Industry Choice In The U.S., Samuel Ramirez May 2023

Self-Employment Industry Selection: An Evaluation Of Wealth And Demographics On Industry Choice In The U.S., Samuel Ramirez

Theses and Dissertations

This paper evaluates the impact of financial resources and demographics on industry choice by self-employed business owners. I use a multinomial logistic regression to estimate the probability of having a business in a particular industry. The results suggest that entry into industries are hampered by financial constraints and social barriers.


Social Reproduction And Covid-19, Caroline I. Donovan May 2023

Social Reproduction And Covid-19, Caroline I. Donovan

Dartmouth College Master’s Theses

As Covid-19 rips across the world we are collectively asked to examine the structures of society to see what is working and what we can change. What can we learn from the roughly 6.9 million deaths (and counting) worldwide? How can we prevent something like this from happening again? This paper follows the course of Covid-19 from its birth in Wuhan, China, to the present day of mid-April 2023. By looking at the ways in which we have reacted to the pandemic, we are able to look forward and imagine new ways of tackling future pandemics and other pressing problems …


Essays On The Economics Of Sports Wagering Markets, Jacob Lamb May 2023

Essays On The Economics Of Sports Wagering Markets, Jacob Lamb

All Dissertations

Economists have long been enamored with using wagering markets and sports data to answer various economic questions. Wagering market data are readily available to answer any number of questions relating to sports and economics. However, most studies surrounding wagering markets have focused on searching for inefficiencies and, consequently, profitable betting strategies against the house. This dissertation takes a different approach, focusing on the information that can be extracted from efficient wagering markets and using that information to answer economic questions. Rather than hunting for inefficiencies, this dissertation confirms the efficiency of wagering markets and uses wagering markets to answer questions …


The Role Of Conditional Cash Transfer Programs In Improving Access To Professional Attendance At Birth In Indonesia, Kaitlin Murray May 2023

The Role Of Conditional Cash Transfer Programs In Improving Access To Professional Attendance At Birth In Indonesia, Kaitlin Murray

Economics Undergraduate Honors Theses

This paper examines the impact of an Indonesian conditional cash transfer program, named Program Keluarga Harapan (PKH), on households’ use of institutional delivery facilities at childbirth. Difference-in-differences and fixed effects regressions were conducted to examine the relationship between receipt of PKH cash transfers, use of institutional delivery facilities, and accessibility to institutional and traditional delivery facilities. The accessibility to institutional and traditional delivery facilities was demonstrated through a longer one-way trip time to these facilities. This paper had three significant findings: (1) that receipt of PKH cash transfers reduced the use of institutional delivery facilities, (2) that receipt of PKH …


The Influences Of The Public Health Care System And Education System On The Economic Growth Of Swaziland, Grace Greer May 2023

The Influences Of The Public Health Care System And Education System On The Economic Growth Of Swaziland, Grace Greer

International and Global Studies Undergraduate Honors Theses

The Kingdom of Eswatini, also known as Swaziland, has one of the youngest populations in the world with over 70% of citizens being under the age of 18 years old. This creates a substantial opportunity for economic, social, and educational growth in a country previously plagued with diseases such as HIV/AIDS, poor health care infrastructure cutting off thousands from basic care, and an educational system with a very low attendance rate and an even lower graduation rate. By evaluating the root causes of such issues dating back to the colonial era there is an opportunity to reprioritize health care and …


The 2015 Ncaa Cost-Of-Attendance Stipend And Its Effects On Institutional Financial Aid Packages, Sara Greene Apr 2023

The 2015 Ncaa Cost-Of-Attendance Stipend And Its Effects On Institutional Financial Aid Packages, Sara Greene

Honors Theses

In 2015, the National Collegiate Athletic Association (NCAA) allowed “Cost of Attendance” (COA) stipends to be offered to athletic recruits for Division I schools. These stipends are intended to allow schools to grant aid to student-athletes beyond a full-ride scholarship to cover additional costs imposed on student-athletes. These stipends created an opportunity for the “Autonomy” Power 5 programs to utilize a competitive tactic to try to win over the top recruits. There is evidence that these COA stipends have caused an increase in the estimated cost of attendance reported by the university. This paper examines if the COA stipends have …


Debt And The Medicare Eligibility Discontinuity: Disparate Effects Across Households, Olivia Falck Apr 2023

Debt And The Medicare Eligibility Discontinuity: Disparate Effects Across Households, Olivia Falck

Honors Theses

Public health insurance programs like Medicare and Medicaid have been shown to help reduce household debt caused by healthcare costs. The impact of health insurance literacy makes the relationship between public health programs and debt more ambiguous. The increasing complexity of Medicare raises the question of whether cost savings associated with enrollment might be mitigated by the complexity of choosing the ideal plan for those with low health insurance literacy. In this study, I utilize the Medicare eligibility cutoff at age 65 to implement a regression discontinuity design that analyzes the impact of Medicare eligibility on household debt and out …


St. Cloud Area Quarterly Business Report, Vol. 25, No. 1, King Banaian, Mana Komai Apr 2023

St. Cloud Area Quarterly Business Report, Vol. 25, No. 1, King Banaian, Mana Komai

St. Cloud Area Quarterly Business Report

The St. Cloud Area recession that we predicted in last quarter’s review had not started in the first quarter of 2023. The St. Cloud Area Quarterly Business Survey showed fewer respondents reporting a decrease in their own business activity over the last three months, and more were positive about the next six months, than had responded in November 2022. The St. Cloud Index of Leading Economic Indicators ticked up slightly in the last quarter, with only 3 of 6 indicators contributing positively to the index. In special questions, one-third of respondents said job turnover in 2022 was greater than in …


Dual Taxation - Unbalanced And Arbitrary, Benjamin M. Simon Apr 2023

Dual Taxation - Unbalanced And Arbitrary, Benjamin M. Simon

American Indian Law Journal

"Dual Taxation" in Indian Country happens when a state assesses taxes on private, non-tribal activities or transactions on tribal land in addition to taxes assessed by a tribe. Some analysts suggest that dual (or double) taxation puts tribal governments and citizens at a disadvantage, but the situation may be more nuanced. While dual taxation has been analyzed in depth from a legal perspective, this paper analyzes its economic consequences. With taxation, the stakes can be high. State tax revenues generated on tribal lands are revenues that tribes forgo collecting, limiting the tribal resources available for economic development and social programs. …


Building A Society Of Trust: Innovation And The Future Of Youth Employment In Jordan, Pierre Cativiela Apr 2023

Building A Society Of Trust: Innovation And The Future Of Youth Employment In Jordan, Pierre Cativiela

Independent Study Project (ISP) Collection

The word startup is perhaps an unlikely word that comes to mind when discussing shifting dynamics in the Middle East – this is rapidly changing. In the past two decades, Arab entrepreneurs have emerged from across the region as key players in the paradigm of national economic visions. Within these plans, innovation will become the epicenter for public-private partnerships. Such collaboration will contribute to tackling youth unemployment, the region’s most pressing contemporary problem, as well as diversifying local economies. The research delves into the complexities and history of entrepreneurship in Jordan as one of the region’s pioneering nations, examining the …


Free Money: The Feasibility Of Implementing A Universal Basic Income In The United States, Chase H. Dorn Apr 2023

Free Money: The Feasibility Of Implementing A Universal Basic Income In The United States, Chase H. Dorn

Senior Theses

The objective of this thesis is to explore whether a universal basic income paid to all United States citizens is both economically possible and advantageous. A recent surge in popularity of the idea has led to a plethora of universal basic income experiments that have been or are being performed across the world, however there has yet to be a UBI implemented on a national level. Using data from these experiments and existing academic research into the policy, the first part of the thesis details the necessary components of a UBI, documents the history of the idea, notes the justifications …


El Trabajo De Las Mujeres: Los Impactos Del Feminismo Socialista En La Organización Sindical De Buenos Aires Después De La Crisis Orgánica De 2001 / Women’S Work: The Impacts Of Socialist Feminism On Buenos Aires Union Organizing Following The 2001 Organic Crisis, Elise Williamson Apr 2023

El Trabajo De Las Mujeres: Los Impactos Del Feminismo Socialista En La Organización Sindical De Buenos Aires Después De La Crisis Orgánica De 2001 / Women’S Work: The Impacts Of Socialist Feminism On Buenos Aires Union Organizing Following The 2001 Organic Crisis, Elise Williamson

Independent Study Project (ISP) Collection

En diciembre de 2001, en Argentina eclosionó una crisis orgánica en donde emergieron múltiples experiencias de participación social, política y cultural. En este período de dura inseguridad política y económica, se desarrolló una relación rejuvenecida entre la clase trabajadora de las fábricas que cerraban y despedían a sus empleados y los movimientos sociales (movimientos de trabajadores desocupados, asambleas de vecinos en los barrios de Buenos Aires y feminismo, entre otros). Poco tiempo después, con la recuperación económica, una nueva generación se incorporó a los nuevos empleos creados a la salida de la crisis. Esta generación, que había vivido las experiencias …


Real Estate Assets: To Build Or Not To Build?, Chaik Ming Koh Mar 2023

Real Estate Assets: To Build Or Not To Build?, Chaik Ming Koh

Asian Management Insights

It’s about when, not whether.