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Social and Behavioral Sciences Commons

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Articles 1 - 4 of 4

Full-Text Articles in Social and Behavioral Sciences

Deflation And Consumer Expenditures, Ali M. Reza Jun 2017

Deflation And Consumer Expenditures, Ali M. Reza

Faculty Publications

One often hears that one reason deflation should be avoided is because it leads to the expectation of lower prices in the future on the part of consumers. This in turn causes consumers to defer their spending. The consequence of this is reduced demand for products and lower investment by firms now. The net result is weaker economic activity. This paper provides a new approach to verify this view.


Disrespecting The Minimum Wage: How States Limit The Opportunity For Restaurant Workers To Support Themselves, Samantha Pereira May 2017

Disrespecting The Minimum Wage: How States Limit The Opportunity For Restaurant Workers To Support Themselves, Samantha Pereira

Themis: Research Journal of Justice Studies and Forensic Science

This paper examines the inequality in the restaurant industry in America. It focuses specifically on the tipped minimum wages in different states compared to the real minimum wage and looks into the gender and racial inequality present in restaurants. The first section analyzes the history of tipping and what it has become in the United States. The paper then moves to describe different struggles that tipped workers in the restaurant industry have to face. The paper also discusses different arguments to raising the tipped minimum wage and compares states with a tipped minimum wage and states without a tipped minimum …


Entrepreneurship In Off-Label Drug Prescription: Just What The Doctor Ordered!, Raymond March Jan 2017

Entrepreneurship In Off-Label Drug Prescription: Just What The Doctor Ordered!, Raymond March

Faculty Publications

This paper finds that physicians and pharmaceutical companies working as entrepreneurial actors were able to better serve patients by finding effective alternative uses of three drugs. I examine off-label drug prescription within an entrepreneurial framework by examining the development processes of aspirin, Viagra, and minoxidil. In each case, the medical community reached research and treatment conclusions quicker than the FDA did. These examples provide counterevidence to the view that off-label prescription is reckless and requires additional governmental oversight due to a lack of sufficient testing


Investor's Sentiment In Predicting The Effective Federal Funds Rate, Artem Meshcheryakov, Stoyu Ivanov Jan 2017

Investor's Sentiment In Predicting The Effective Federal Funds Rate, Artem Meshcheryakov, Stoyu Ivanov

Faculty Publications

In this article we study if investor's sentiment measured by an intensity of Google searches may be used to predict future changes of the Effective Federal Funds rate. We find that online searches for “fed funds rate”, “fed interest rate”, “fed reserve”, “fed reserve rate” and “federal interest rate” are associated with next week decrease of the Effective Federal Funds Rate. Google searches for “fed rate hike” and “fed raise rates” are associated with next week increase of the Effective Federal Funds Rate even after we control for a number of macroeconomic indicators. We also find that intensity of Google …