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Articles 1 - 9 of 9
Full-Text Articles in Social and Behavioral Sciences
Effect Of Foreign Aid On Development: Does More Money Bring More Development?, Satish Lohani '04
Effect Of Foreign Aid On Development: Does More Money Bring More Development?, Satish Lohani '04
Honors Projects
Developing countries face challenges of massive poverty, slow GDP growth, high mortality rates from illnesses, and low levels of education. The governments in these countries do not have sufficient financial resources to fight these challenges effectively. Foreign aid has played an instrumental role in the implementation of development programs to combat poverty. The purpose of this paper is to examine whether foreign aid has a positive impact on development. Development in this paper is measured using the human development index that incorporates a knowledge index, health index, and standard of living index. Social aid is used to capture foreign aid …
Democracy, Political Stability, And Developing Country Growth: Theory And Evidence, Ranmali Abeyasinghe '04
Democracy, Political Stability, And Developing Country Growth: Theory And Evidence, Ranmali Abeyasinghe '04
Honors Projects
This research project examines the hypothesis that democracy and political stability have significant effects on economic growth in developing countries. Previous empirical studies find rather ambiguous results when testing for the relationship between democracy and growth. This paper extends these past studies by focusing on the effects of democracy and political stability in developing countries. It also attempts to differentiate the effects of political stability and democracy on economic growth. The results suggest that democracy has a negative effect on economic growth. However the results also suggest that political stability regardless of the level of democracy has the greatest effect …
Racial Discrimination In Major League Baseball: Can It Exist When Productivity Is Crystal Clear?, Will Irwin '04
Racial Discrimination In Major League Baseball: Can It Exist When Productivity Is Crystal Clear?, Will Irwin '04
Honors Projects
Minority workers in many industries have dealt with wage and hiring discrimination. In Major League Baseball, it is typically assumed that fair hiring practices are used and that fair wages are offered due to the intense negotiation process involved with each player contract. However, past research shows that both wage and hiring discrimination has been present during some recent time periods. With most industries, racial discrimination is difficult to measure due to the implicit bias in the productivity variables. However, in baseball, productivity can be easily measured with offensive and defensive performance statistics, which are determined completely independent of race. …
Is There Assessor Bias In The Real Estate Market?, Conor Howard '04
Is There Assessor Bias In The Real Estate Market?, Conor Howard '04
Honors Projects
The purpose of this paper is to determine if the valuation of property adheres to the 33 1/3 proportion of market value required by the state of Illinois or if assessors are overvaluing Bloomington real estate disproportionately across high and low income neighborhoods. Assessors have a motivation to over-value high-income properties disproportionately resulting in intentional and systematic bias which alters the property tax system. The results do not support this idea. They show a lower percent variation between assessed and market values in high-income households.
The Resource Curse Revisited, Alexis Manning '04
The Resource Curse Revisited, Alexis Manning '04
Honors Projects
This research project examines the phenomenon of the resource curse-the inverse relationship between natural resource abundance and economic growth seen in developing countries since 1965. A large body of empirical research detects a negative statistical relationship between natural resource abundance and slow economic growth in developing countries during the latter part of the twentieth century. The resource curse argues that natural resources interact with various social, political, and economic factors, and the modification of these factors results in slower economic growth. This paper aims to investigate the validity of the resource curse. In contrast with many previous studies, the results …
Wage Differentials For Immigrant Women In The U.S., Mahi Garg
Wage Differentials For Immigrant Women In The U.S., Mahi Garg
Honors Projects
The United States is one of only a handful of nations in which immigrant women outnumber immigrant men. These women come from increasingly diverse regions, thereby bringing considerably different skills to the U.S. workforce. However, the question of how gender and ethnicity interact with each other to affect the economic performance of female immigrants remains especially understudied. Thus, this paper aims at providing some insight into this formerly neglected dimension of female immigrant performance. It examines the sources of wage differentials between immigrant females, and other groups in the U.S. labor force, paying particular attention to earnings inequalities created by …
The Effect Of Marital Status On The Standard Of Living Of Young Men And Women, Michael Seeborg
The Effect Of Marital Status On The Standard Of Living Of Young Men And Women, Michael Seeborg
Scholarly Publications
The National Longitudinal Survey of Youth data base is used to explore the effects of changes in marital status on the standard of living of a sample of young adults. OLS regression analysis indicates that changes in marital status have very different effects on young women and young men. Women receive large increases in their income-to-needs ratios when they marry, and they incur large declines in their income-to-needs ratios after experiencing a divorce or separation. Men, on the other hand, do not experience significant changes in their income-to-needs ratios when their marital status changes.
Local Initiatives And Imf Policies In Quito, Ecuador, Dionissi Aliprantis
Local Initiatives And Imf Policies In Quito, Ecuador, Dionissi Aliprantis
University Avenue Undergraduate Journal of Economics
If we are to define development as an increase in the freedoms people enjoy, then we may move beyond structural adjustments and foreign investment as means to create wealth in Ecuador and Latin America. Although not conclusively documented one way or the other [13], microlending is a promising path towards development from this perspective. At the very least, microlending offers hope to a segment of the population that would otherwise be disenfranchised. In Quito, Ecuador, microlending programs are creating wealth and expanding freedoms in a manner consistent with capitalism, while a good deal of IMF policies extract wealth from the …
Re-Examining Venture Capitalist Certification And Insider Selling Decisions During The 1990s., Nicholas S. Koshiw
Re-Examining Venture Capitalist Certification And Insider Selling Decisions During The 1990s., Nicholas S. Koshiw
University Avenue Undergraduate Journal of Economics
This paper addresses the validity of certification and insider selling hypotheses within the context of new issues. Comparisons of venture capital backed and non venture-backed issues with similar offering characteristics show that issuers with venture capital affiliation are more underpriced than non venture-backed IPOs and insider selling results in decreased underpricing. These results contradict the findings of previous venture capital certification studies {Barry (1990), Megginson and Weiss (1991), and Lin and Smith (1997)}, but are consistent with recent work that examines grandstanding {Lee and Wahal (2002)} and insider selling decisions during hot market periods {Ljungqvist and Wilhelm (2003)}.