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Full-Text Articles in Social and Behavioral Sciences

How Effective Are Current Household Recycling Policies? Results From A National Survey Of U.S. Households, Hilary Nixon, Jean-Daniel M. Saphores Jan 2014

How Effective Are Current Household Recycling Policies? Results From A National Survey Of U.S. Households, Hilary Nixon, Jean-Daniel M. Saphores

Hilary Nixon

This paper analyzes a unique dataset collected during a 2006 national survey of U.S. households to explore the effectiveness of common household recycling policies for metals, glass, and plastics: curbside recycling, drop-off recycling, deposit–refund systems (bottle bills), and marginal pricing for household waste. After estimating either generalized ordered logit or multinomial logit models, we find that the most important determinants of household recycling are people's attitudes toward recycling. Our results also suggest that omitting internal variables (perceived recycling obstacles and benefits as well as moral considerations) may bias policy coefficients. Socio-economic variables are typically not statistically significant, with the exceptions …


How Effective Are Current Household Recycling Policies? Results From A National Survey Of U.S. Households, Hilary Nixon, Jean-Daniel M. Saphores Jan 2014

How Effective Are Current Household Recycling Policies? Results From A National Survey Of U.S. Households, Hilary Nixon, Jean-Daniel M. Saphores

Faculty Publications, Urban and Regional Planning

This paper analyzes a unique dataset collected during a 2006 national survey of U.S. households to explore the effectiveness of common household recycling policies for metals, glass, and plastics: curbside recycling, drop-off recycling, deposit–refund systems (bottle bills), and marginal pricing for household waste. After estimating either generalized ordered logit or multinomial logit models, we find that the most important determinants of household recycling are people's attitudes toward recycling. Our results also suggest that omitting internal variables (perceived recycling obstacles and benefits as well as moral considerations) may bias policy coefficients. Socio-economic variables are typically not statistically significant, with the exceptions …


Macroeconomic Variables Effect On Us Market Volatility Using Mc-Garch Model, Jang Hyung Cho, Ahmed Elshahat Jan 2014

Macroeconomic Variables Effect On Us Market Volatility Using Mc-Garch Model, Jang Hyung Cho, Ahmed Elshahat

Faculty Publications

Forecasting equity volatility was thoroughly investigated during the past three decades. The majority based their forecasts on the dynamics of the underlying equity time series. They helped better understand the dynamics of these time series and understand different aspects of volatility. Other models went a step further to include the effect of news announcement on equity volatility. The vast majority ignored the effect of macroeconomic variable or the state of the economy. This paper proposes a volatility-forecasting model that accounts for effect of fundamental macroeconomic variables that reflect the state of the economy. The explanatory variables used measure the stage …


Performance Analysis Of Banks Headquartered In Hollywood Versus Silicon Valley., Stoyu Ivanov Jan 2014

Performance Analysis Of Banks Headquartered In Hollywood Versus Silicon Valley., Stoyu Ivanov

Faculty Publications

In this study we examine the performance of banks headquartered in Hollywood and banks headquartered in Silicon Valley in the period - first quarter 2008 until second quarter 2012, which includes the period of the Great Recession - December 2007 to June 2009. We find that during the financial crisis both Silicon Valley and Hollywood banks suffered but Silicon Valley banks much less than Hollywood banks. After the recession, banks in both regions improved performance again Silicon Valley banks recovering faster. We also find that the level of deposits, the leverage ratio and total loan chargeoffs consistently play a role …