Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
- Discipline
- Keyword
-
- Climate Change (1)
- Commodities (1)
- Economic Downturn (1)
- European Central Bank (1)
- European Union (1)
-
- Eurozone (1)
- Fair Trade (1)
- Fair Trade Coffee (1)
- Farmer Welfare (1)
- Gettysburg College (1)
- Gettysburg Economic Review (1)
- Global Financial Crisis (1)
- Interest Rates (1)
- Minimum Wage (1)
- Negative Interest Rates (1)
- Optimum Currency Area (1)
- Price Fluctuation (1)
- Public Assistance (1)
- Recession (1)
- SNAP (1)
- Supplemental Nutritional Assistance Program (1)
- US Economy (1)
Articles 1 - 6 of 6
Full-Text Articles in Social and Behavioral Sciences
The Gettysburg Economic Review, Volume 9, Spring 2016
The Gettysburg Economic Review, Volume 9, Spring 2016
Gettysburg Economic Review
No abstract provided.
Impact Of A Higher Minimum Wage On Enrollment Of Snap, Victoria Perez-Zetune
Impact Of A Higher Minimum Wage On Enrollment Of Snap, Victoria Perez-Zetune
Gettysburg Economic Review
This paper investigates the effect that minimum wage policy has on enrollment in public assistance programs, specifically the Supplemental Nutritional Assistance Program, SNAP. If raising the minimum wage decreases enrollment in SNAP, this could uncover a method to reduce spending without eliminating programs. Using a time-demeaned model to account for fixed effects, I take advantage of the variation in the minimum wage in the 50 states between 1998 and 2014. I estimated that on average an increase in minimum wage in a prior year results in a decrease in SNAP participation by 3.95%.
Restructuring The Eurozone, Anthony M. Juliano
Restructuring The Eurozone, Anthony M. Juliano
Gettysburg Economic Review
This paper suggests that there should be a realignment of the current Eurozone. There has been research to argue that the Eurozone does not fit the Optimum Currency Area (OCA) criteria. This might be a contributing factor to the current economic crisis in Europe. I propose, based on results from k-means data clustering, that the Eurozone be divided into three separate regions under the European Central Bank (ECB). The division would allow for enhanced stabilization and efficiency due to better fitting of the OCA criteria and policy implications.
Negative Interest Rates: Analyses Abroad And Their Applicability To The U.S. Economy, Danielle Cupp
Negative Interest Rates: Analyses Abroad And Their Applicability To The U.S. Economy, Danielle Cupp
Gettysburg Economic Review
The twenty-first century has thus far posed some of the most difficult economic challenges for policy makers that the world has ever seen. The most recent recession, the Global Financial Crisis of 2007-8, is considered the worst economic downturn in recent history. In light of unique challenges such as the recession, central banks around the world are coming up with new tools or new ways of thinking about tools in order to mediate financial crises. This paper investigates the possibility of eliminating the zero lower bound on nominal interest rates to stimulate the economy in reaction to severe financial crises. …
Global Climate Change, Fair Trade, And Coffee Price Volatility, Thomas M. Segerstrom
Global Climate Change, Fair Trade, And Coffee Price Volatility, Thomas M. Segerstrom
Gettysburg Economic Review
Fair Trade coffee sales have grown exponentially over the past fifteen years amidst a volatile and shaky coffee commodity market. This paper incorporates the prior research that global climate change will lead to more climate shocks with research on the coffee market’s volatility and farmer welfare. In accordance with prior research on commodity volatility, I develop an OLS estimator of the volatility of prices received by growers and evaluate the effect of climate shocks on it. I find that, when control variables are introduced, the volatility of the coffee price does increase at a statistically significant level with a climate …