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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
Brain Activity Elicited By Positive And Negative Feedback In Preschool-Aged Children, Xiaoqin Mai, Twila Tardif, Stacey N. Doan, Chao Liu, William J. Gehring, Yue-Jia Luo
Brain Activity Elicited By Positive And Negative Feedback In Preschool-Aged Children, Xiaoqin Mai, Twila Tardif, Stacey N. Doan, Chao Liu, William J. Gehring, Yue-Jia Luo
CMC Faculty Publications and Research
To investigate the processing of positive vs. negative feedback in children aged 4–5 years, we devised a prize-guessing game that is analogous to gambling tasks used to measure feedback-related brain responses in adult studies. Unlike adult studies, the feedback-related negativity (FRN) elicited by positive feedback was as large as that elicited by negative feedback, suggesting that the neural system underlying the FRN may not process feedback valence in early childhood. In addition, positive feedback, compared with negative feedback, evoked a larger P1 over the occipital scalp area and a larger positive slow wave (PSW) over the right central-parietal scalp area. …
Adjustment In An Open Economy With Two Exchange-Rate Regimes, Sven W. Arndt
Adjustment In An Open Economy With Two Exchange-Rate Regimes, Sven W. Arndt
CMC Faculty Publications and Research
This paper examines adjustment in a model with three economies, two exchange-rate regimes, and varying capital mobility. In the benchmark scenario, the U.S. dollar fluctuates against the euro and the Chinese yuan, but capital mobility is high in the former and low in the latter case. This generates offsetting exchange-rate adjustments, which affect the efficacy of U.S. fiscal policy. In the next two scenarios, the yuan is fixed against the dollar. Rate pegging by a large country like China "interferes" with U.S. macro adjustment and undermines U.S. policy autonomy.
Do Environmental Audits Improve Long-Term Compliance: Evidence From Manufacturing Facilities In Michigan, Mary F. Evans, Lirong Liu, Sarah L. Stafford
Do Environmental Audits Improve Long-Term Compliance: Evidence From Manufacturing Facilities In Michigan, Mary F. Evans, Lirong Liu, Sarah L. Stafford
CMC Faculty Publications and Research
Using a unique facility-level dataset from Michigan, we examine the effect of environmental auditing on manufacturing facilities’ long-term compliance with U.S. hazardous waste regulations. We also investigate the factors that affect facilities’ decisions to conduct environmental audits and whether auditing in turn affects the probability of regulatory inspections. We account for the potential endogeneity of our audit measure and the censoring of our compliance measure using a censored trivariate probit, which we estimate using simulated maximum likelihood. We find that larger facilities and those subject to more stringent regulations are more likely to audit; facilities with poor compliance records are …