Social and Behavioral Sciences Commons^™

Policy Challenges In A Dual Exchange Rate Regime, Sven W. Arndt

CMC Faculty Publications and Research

It is known that the effectiveness of macro policies depends on the exchange-rate regime. Pertinent models have typically considered either fixed or floating rates rather than mixed regimes. In recent years, however, the dollar has floated against most currencies, while being fixed against the yuan. This paper argues that a flex-price, dual-rate model consisting of the U.S., China and the Eurozone, combined with distinct adjustment patterns in tradables and non-tradables sectors and a tendency for policy makers to treat inflation in housing as pure asset inflation, provides a plausible explanation of the great moderation and its aftermath.

A Story Of Four Revolutions: Mechanisms Of Change In India, Aseema Sinha

CMC Faculty Publications and Research

Sumit Ganguly and Rahul Mukherji’s India Since 1980 presents a bold and ambitious argument about change across and within India. Its unique contribution lies in its description of four distinct revolutions: social-political, economic, foreign policy, and religious. While many recent books have noted changes in India’s economy and foreign policy, India Since 1980 will be known for its juxtaposition of four different themes in one short, pithy volume. Even if one may disagree with the authors’ choice of the four dimensions of change, the book’s dominant message is that India is changing across a whole range of policies and arenas.

The Full Cost Of Renewables: Managing Wind Integration Costs In California, William Savage

Pomona Senior Theses

Wind power will be an important component of California's aggressive strategies to meet its greenhouse gas reduction targets by the year 2020. However, the costs of integrating wind power's variable and uncertain output are often ignored. I argue that California must take prudent action to understand, minimize, and allocate wind integration costs. A review of numerous studies suggests that for wind penetration levels below 20%, integration costs should remain modest. However, costs are heavily dependent on market structure, and I suggest numerous ways that California can optimize its market design to manage wind integration costs.

Female Labor Force Participation In Argentina, 1980-2003: Gendered Trends And Responses To Crisis, Natalie Butterfield

Scripps Senior Theses

How do the experiences of women in the labor market differ from the experiences of men? Do economic crises affect their labor market decisions differently? Economists have investigated the responses of women to specific moments of crisis in Argentina – the country lends itself well to this analysis, as the last three decades of its history have seen both economic growth and financial collapse. With the crisis literature in mind, I investigate trends in female labor force participation rates in Argentina between 1980-2003, finding that while some evidence supports the “added worker effect” hypothesis, more research must be done to …

Arsenic Contamination In Groundwater In Vietnam: An Overview And Analysis Of The Historical, Cultural, Economic, And Political Parameters In The Success Of Various Mitigation Options, Thuy M. Ly

Pomona Senior Theses

Although arsenic is naturally present in the environment, 99% of human exposure to arsenic is through ingestion. Throughout history, arsenic is known as “the king of poisons”; it is mutagenic, carcinogenic, and teratogenic. Even in smaller concentrations, it accumulates in the body and takes decades before any physical symptoms of arsenic poisoning shows. According to the World Health Organization (WHO), the safe concentration of arsenic in drinking water is 10 µg/L. However, this limit is often times ignored until it is decades too late and people begin showing symptoms of having been poisoned.

This is the current situation for Vietnam, …

The Impacts Of The Fukushima Daiichi Nuclear Disaster On Electricity Consumption: An Examination Of Tepco's Daily Load Curve, Kristina B. Stanford

Scripps Senior Theses

This paper analyzes the effects of the Fukushima Daiichi nuclear disaster on Tokyo Electric Power Company’s (TEPCO) electricity load using alternative event study methodology. The data set includes TEPCO’s published hourly loads from January 1, 2008 to December 31, 2011. Four time series regressions are used to analyze the disaster’s effect on TEPCO’s load curve at an hourly and aggregate level. By examining the hourly impacts of the disaster, this paper provides commentary on the effects of the disaster on the daily load curve, finding transition periods to be the time of day that is most targeted for decreases in …

Willy Brandt’S Ostpolitik: The Changing Role In United States-West German Relations, An Analysis Of United States Government Internal Documents, Sara A. Popovich

Scripps Senior Theses

This thesis analyzes a crucial period in the relations between the Federal Republic of Germany and the United States of America, through the use of US government internal documents. Willy Brandt brought forth a new vision of Ostpolitik that was starkly different from policies that the US had dealt with before, subsequently leaving the Nixon Administration largely unsure of how to react. The change in FRG economic positioning vis-à-vis the United States, and catalyst political events in the 1960’s, created the impetus for Brandt’s vision of OStpolitik, which culminated in the interim West German control of the Western Alliance’s Eastern …

Slammer Time: A Cost-Effective Analysis Of The California State Prison System And Its Impact On Crime, Rebecca P. Manliguis

Scripps Senior Theses

At a time where cutbacks on spending are a huge focal point across all government levels, the prison system, and effectively combating crime, has been intensely focused upon. With the United States having the highest rate of incarceration of any country in the world, the significance of this focus is understandable. Its prison system is much larger compared to that of other nations, and therefore is a high priority for the United States. As stated in The Economist, “No other rich country is nearly as punitive as the Land of the Free.” With such high costs associated with the …

School Choice And Voucher Systems: A Comparison Of The Drivers Of Educational Achievement And Of Private School Choice, Courtney Sibert

Scripps Senior Theses

Despite promotion by well-known economists and supporting economic theory, econometric analyses of voucher systems often find that they have been unsuccessful in improving traditional measures of educational success. This paper examines a possible explanation of this phenomenon by comparing the drivers of educational achievement and of school popularity by examining private school choice. The findings of this paper indicate that there is a disconnect between school success and school popularity, which adversely effects both the demand and supply-side benefits of voucher systems. Additionally, this paper reviews matching mechanisms that seek to efficiently match students with schools based on both student …

‘They Won't Work!’ - Efficacy Of An Active Labor Market Policy From The Perspective Of Psychology, Marco Meissner

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.

Big Bang Vs. Gradualism, Lauren Sims

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.

Strong Euro Weakening Dollar: A Potential Economic Demise, Guadalupe F. Garcia

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.

Understanding Immigrant Behavior In Denmark: The Immigrant Enclave And Employment Rate Paradox, Andrew Christensen

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.

Eu's Common Foreign Policies Towards Russia: Past, Present And Future, Yigit Canay

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.

Icy/Hot: Norwegian And Finnish Policy Toward The European Union, Mia Bennett

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.

Theorizing The Odds: The European Union, Online Gambling Regulation And Integration Theory, Alexis Spencer-Notabartolo

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.

Union Royale Belge De Sociétés De Football Association Asbl V. Jean-Marc Bosman: The Evolution Of Labor Law In Professional Soccer And Its Implication, Marvin Smith

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.

Economic And Monetary Union: A Study Of Domestic Influence In The European Union From 1989-1993, Jason Grishkoff

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.

The Impact Of Eu Oversight On Corporate Governance In The German Auto Industry, Jason Gorn

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.

Rival Models To Capitalism: Can The Nordic Model Survive The New Global Economic System?, Robbie Block

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.

Scaling Down And Up: Can Subnational Analysis Contribute To A Better Understanding Of Micro-Level And National Level Phenomena?, Aseema Sinha

CMC Faculty Publications and Research

While cross-national analysis dominates comparative politics, many scholars have moved to the subnational level to test hypotheses generated at the national level. Subnational studies allow researchers to control for variation in a way that even the most sophisticated cross-national statistical studies are unable to.

Essays On Regional Economic Integration In East Asia, Teerasak Sapwarobol

CGU Theses & Dissertations

This dissertation seeks to understand the pattern of trade and portfolio investment in East Asian economies and how trade integration can affect the level of bilateral asset holdings. On the trade side, the determinants of bilateral trade flow is examined at the product level, not the aggregate, so as to assess the impact of RTAs across product types as well as the nature of the home market effect and the role of similarity of demand structures. On the financial side, the dissertation synthesizes analyses of the composition of cross-border portfolio holdings in East Asian economies, focusing on the importance of …

On The Economic Effects Of Policy Responsiveness: The Role Of Candidate Selection For General Elections, Marco Alejandro Pérez-Mares

CGU Theses & Dissertations

Policy responsiveness to the demands of the whole is important because it is a determinant of growth and development: Institutions that make governments more inclusive favor economic progress and factors that make governments more exclusive inhibit prosperity. Growth-enhancing policies likely to please the citizenry include policies that ensure the prevalence of the rule of law, policies that protect property and intellectual rights, and policies that foster competition, access and the perfection of markets. In contrast, growth-retarding policies likely to initiate from the representation efforts of politicians advancing narrow concerns include infringement on property rights, diffuse patent legislation, regulation to rise …

Effects Of United States Monetary Policy On The Capital Flows To The Latin America Countries, David Rene Samayoa Gordillo

CGU Theses & Dissertations

In the latest time, the US has had an easy Monetary Policy. Because of the increasing link among the countries through interconnections on international trade, financial, and labor markets, such policy has not only had effects in the US economy, but also in the rest of the world. So many countries, especially emerging and developing countries, have suggested that such a policy has been causing an excessive flow of funds out of the US which are disrupting the exchange rate and competitiveness of those countries. An innovation of the analysis is that capital flows are divided in "Firm related" (direct …

Merger Announcement Returns With Preparations, Sang-Hyun Lee

CGU Theses & Dissertations

This paper analyzes the relationship between the merger announcement returns and the bidding firms' preparations for mergers. In this study, merger preparations are defined as bidding firms' adaptive actions of changing their executives prior to mergers. An analysis of the relative effectiveness of merger preparations is conducted through event study for univariate tests. In addition, a regression for multivariate tests analyzes incentives for making merger preparations. The results of these studies indicate that (1) hiring of new executives from outside the target proves to be the most effective merger preparation, (2) firms who make merger preparations have higher returns, and …

The Evolution Of The Music Industry In The Post-Internet Era, Ashraf El Gamal

CMC Senior Theses

The rise in the prevalence of the Internet has had a wide range of implications in nearly every industry. Within the music business, the turn of the millennium came with a unique, and difficult, set of challenges. While the majority of academic literature in the area focuses specifically on the aspect of file sharing within the Internet as it negatively impacts sales within the recording sector, this study aims to assess the Internet’s wider impacts on the broader music industry. In the same time that record sales have plummeted, the live music sector has thrived, potentially presenting alternative business models …

Examining The Role Of Immigration In Crime Decline Across United States Cities, Brianna J. Losoya

CMC Senior Theses

Despite previous research in this area, the relationship between immigration and crime in the United States remains ambiguous and surrounded by misconceptions. However, recently, scholars have suggested that, despite the claims of policy-makers and popularized sociological theories, large immigrant concentrations may be linked with lower as opposed to higher crime rates. In the past, research in this area has been imprecise due to it its implementation of cross-sectional analyses for a limited selection of geographic regions. However, through the implementation of time-series procedures and the use of annual data for metropolitan statistical areas during the 2005–2010 periods, the present study …

Incentivizing Biodiversity Conservation: The Ecological Icms In Brazil, Erin Franks

CMC Senior Theses

This study evaluates the effectiveness of the ecological ICMS (ICMS-e) in the Brazilian Amazon, an intragovernmental transfer for incentivizing biodiversity conservation. Tax funds are passed from state governments to municipalities in proportion to the amount of protected area within their borders; biological reserves, sustainable use areas, and indigenous lands are all considered. Econometric analysis using a fixed effects model found that the policy had little positive effect on increasing protected areas compared to the significant negative influence of poor land tenure, agricultural influences, and lack of monitoring for illegal deforestation. However, the policy may increase municipal governments' acceptance of and …

Water Policy: The World's Most Important Resource Politicized, Ethan Gilbert

CMC Senior Theses

Water is the most important resource on the planet for sustaining life, and many consider access to water as a fundamental human right. However, in light of its necessity, the distribution and allocation of water has become a highly politicized issue. Economic and political conditions have been shown to be influential in shaping a country’s water policy, more so then recognition of water as a basic human right. The reason for this is that many agree that there needs to be a value assigned to water to encourage its conservation and efficient use, and different methods of addressing that issue …

An Economic Analysis Of Foreign Ownership In Professional Sports: Motivation, Success, And Implications For United States Market, Alex F. Wheatley

CMC Senior Theses

An economic analysis of foreign ownership in sports. Focusing on the English Premier League, National Basketball Association, and Major League Baseball.