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Articles 1 - 30 of 43
Full-Text Articles in Social and Behavioral Sciences
Archives Annual Report, 2017-2018, Meg Miner
Archives Annual Report, 2017-2018, Meg Miner
Administrative Reports
No abstract provided.
Female Labour Force Participation And The Prices Of Household Durable Goods: A Philippine Study, Kyle N. Mitschiener, Vanessa T. Siy Van
Female Labour Force Participation And The Prices Of Household Durable Goods: A Philippine Study, Kyle N. Mitschiener, Vanessa T. Siy Van
Undergraduate Economic Review
This paper investigated whether a decrease in the prices of household durable goods increases the Female Labour Force Participation (FLFP) in the Philippines. The paper used the theoretical model of Pirani, Leon, and Lugauers (2010), who theorized that a decrease in the prices of household appliances would increase FLFP due to their time being freed up for non-household tasks. To study this, the regression model of Cavalcanti and Tavares (2008) was used to test the hypothesis. The results of this paper were consistent with the theoretical and empirical results from the two models.
An Examination Of The Stock Market’S Effect On Economic Inequality, Nicholas J. Golina
An Examination Of The Stock Market’S Effect On Economic Inequality, Nicholas J. Golina
Undergraduate Economic Review
The literature on economic inequality has shown that stock markets can negatively impact aggregate demand because it indicates a higher concentration of wealth in the hands of the top 10% as opposed to the middle class. The stock market could be one of the factors leading to increased inequality. This study contributes to the literature by analyzing stock markets in OECD countries. Building on Tsountas et al (2015), the results showed that stock markets can have a positive impact on inequality, but with weak economic significance. It is recommended that policymakers should focus on factors that more greatly impact inequality.
Impact Of Airplane Crashes On Firm's Credit Risk Under The Creditgrades Model, Alexandros Bougias
Impact Of Airplane Crashes On Firm's Credit Risk Under The Creditgrades Model, Alexandros Bougias
Undergraduate Economic Review
The paper examines the impact of airplane accidents with 40 or more fatalities, on airline's firm credit risk. The sample contains 20 airplane crashes for the period 2000-2017. The analysis proposes the CreditGrades model introduced by Finger et al. (2002) , which is an extension of the first passage time model of Black and Cox (1976). The study concludes that airplane accidents lead to a statistically significant increase in airline's Probability of Default. The results are both significant and robust under the t-Test and the non-parametric Wilcoxon Signed-rank test.
Foreign Capital Inflows And Economic Well-Being: A Statistical Analysis Of 46 Sub-Saharan African Countries From 1995-2015, Alexander M. Csanadi
Foreign Capital Inflows And Economic Well-Being: A Statistical Analysis Of 46 Sub-Saharan African Countries From 1995-2015, Alexander M. Csanadi
Undergraduate Economic Review
Variation in the economic well-being among sub-Saharan African countries is among the highest of any region in the world. This paper attempts to address this disparity by exploring the role of foreign capital inflows. This project extends the concept of well-being beyond GDP growth, to include measures of poverty and inequality. A multivariate regression analysis finds that the observed capital inflows have significant effects on all three measurements of well-being. Findings suggest that the level of affluence of the domestic population has significant effects on the ability of those populations to translate diaspora remittances into improvements in well-being.
The Effects Of Student-Teacher Ratio On Test Scores: Applying Ceteris Paribus To California And Massachusetts Schools, Laira Aggarwal
The Effects Of Student-Teacher Ratio On Test Scores: Applying Ceteris Paribus To California And Massachusetts Schools, Laira Aggarwal
Undergraduate Economic Review
This paper seeks to analyze the impact of student-teacher ratio on test scores in California and Massachusetts. Since student-teacher ratio is just one of the variables affecting students’ learning outcomes, other attributes were taken into account for a comprehensive analysis. These attributes included percent of English learners, average district income, percent of students on free or reduced lunch, and expenditures per student. The data sets for both states were assessed both inherently and with ceteris paribus approach. The results indicated that while student-teacher ratio does affect test scores, other classroom variables have a significantly greater influence on students’ learning outcomes.
Evaluating Ethiopia’S Development Progress, Sambath Jayapregasham, Matthäus Schuster, Ruben Tjon-A-Meeuw
Evaluating Ethiopia’S Development Progress, Sambath Jayapregasham, Matthäus Schuster, Ruben Tjon-A-Meeuw
Undergraduate Economic Review
Ethiopia, Africa’s second most-populated nation is well on its way to becoming one of its wealthiest nations as it charges forward on its path to development. The big question is whether this growth is sustainable. To tackle this question, we will discuss its development strategy using a popular comparison to that of China. We will then offer an appraisal of the current state of the country. Finally, we will evaluate the future of Ethiopia, as it continues its current path – evaluating the potential upsides and risks it faces moving forward.
Accounting For Leverage In Intangible And Tangible Investments Across The Business Cycle, Neil Mauskar
Accounting For Leverage In Intangible And Tangible Investments Across The Business Cycle, Neil Mauskar
Undergraduate Economic Review
In this paper, I study the role of the leverage ratio and its impact on investing in tangible and intangible goods. The results confirm the hypotheses outlined in the introduction. Specifically, the results show that when accounting for differences in the leverage ratio between firms, investment is cyclical. However, when looking only at firms with low leverages, intangible investing becomes countercyclical. Moreover, during recessions, firms with lower leverages tend to invest more than firms with higher leverages. Finally, the results argue for the existence of financial frictions between investing in tangibles and intangibles.
Jim Simeone And How Earley Settlement Patterns Helped Shape Illinois Politics, Charlie Schlenker
Jim Simeone And How Earley Settlement Patterns Helped Shape Illinois Politics, Charlie Schlenker
Interviews for WGLT
Illinois settlement patterns did a lot to shape the early politics of the state and remain a force today, according to Illinois Wesleyan University Political Scientist Jim Simeone. Simeone spoke with WGLT’s Charlie Schlenker before a presentation at the McLean County Museum of History.
Todd Fuist Discussing His Book, Religion And Progressive Activism, Eric Stock
Todd Fuist Discussing His Book, Religion And Progressive Activism, Eric Stock
Interviews for WGLT
Assistant Professor of Sociology Todd Fuist speaking with WGLT's Eric Stock about his book "Religion and Progressive Activism: New Stories about Faith and Politics."
You Can Judge A Bearer By Its Bark: Dogs Use Sound To Size Up Conspecifics, Zachary Silver
You Can Judge A Bearer By Its Bark: Dogs Use Sound To Size Up Conspecifics, Zachary Silver
CrissCross
A variety of mammalian species use vocalizations to perceive the size of conspecifics. This ability may be an evolutionary adaptation shared by many mammalian species allowing them to detect the presence of a threat when visual resources are scarce or unavailable. Specifically, some mammals demonstrate prolonged attention to manipulated calls that suggest a larger conspecific compared to those suggesting a smaller conspecific. In humans this behavioral effect depends on the observer’s size—perceptions of ‘big’ or ‘small’ may differ between individuals. We explored whether this generalizes to other species by manipulating formant dispersion of dogs’ own barks to create synthetic barks …
The Economic Impacts Of A U.S. Withdrawal From Nafta: A Cge Analysis, Jonathan Liu
The Economic Impacts Of A U.S. Withdrawal From Nafta: A Cge Analysis, Jonathan Liu
Undergraduate Economic Review
The aim of this study is to examine the economic impacts of a U.S. withdrawal from the North American Free Trade Agreement (NAFTA) on Canada, Mexico and the United States. The shocks simulate scenarios in which the U.S instates penalizing tariff rates on NAFTA countries, a trade war between NAFTA members and a tariff reset to the WTO MFN rates. The effects of these tariff structures are analyzed under the framework of a computable general equilibrium (CGE) model with a focus on macroeconomic variables and welfare. The findings show that, in all iterations, Mexico’s economy takes a substantial hit, America’s …
Swimming For More Than Gold: How Swimming Participation And Success In Elite International Swimming Events Can Decrease Drowning Rates Across The World, Joshua R. Cottle
Swimming For More Than Gold: How Swimming Participation And Success In Elite International Swimming Events Can Decrease Drowning Rates Across The World, Joshua R. Cottle
Undergraduate Economic Review
International swimming provides an opportunity for thousands of swimmers to compete at the highest level of the sport. In this paper, I argue that participation and success in these events can influence drowning rates across the world. My analysis suggests that one of the most notable negative influences on drowning rates is swimming participation in countries that have the smallest roster sizes and the lowest average income levels. My analysis shows that swimming success in the Olympics has a significant positive effect on drowning rates in countries in the middle-income brackets.
Examining The Impact Of Education On Diabetes Rates, Mackenzie Bogiages
Examining The Impact Of Education On Diabetes Rates, Mackenzie Bogiages
Undergraduate Economic Review
Diabetes rates are a problem of growing concern in the U.S. Over 30 million people in the U.S. have been diagnosed with diabetes, and over 90 percent of that group has the largely preventable type 2 diabetes. In order to thwart the disease that costs the U.S. $245 billion a year, the populations most susceptible to diabetes need to be identified and educated. Using data from MEPS, education and several other factors have been identified and their relationships with diabetes have been analyzed to target at risk populations and outline tactics to educate those in dire need of preventative care.
Sexual Violence Against Males In Armed Conflict: How State Masculinity Helps To Explain Its Occurrence, Jia Muyi Yang
Sexual Violence Against Males In Armed Conflict: How State Masculinity Helps To Explain Its Occurrence, Jia Muyi Yang
Honors Projects
Sexual violence against male victims during armed conflict still remains largely under-researched. The small amount of research that does exist attributes the occurrence of such violence to the perpetrator’s desire to assert their own masculine power. However, claiming that sexual violence against males is perpetrated only to assert personal masculinity fails to explain the attempt of individual perpetrators to use sexual violence to feminize enemy communities during armed conflict. Instead, this essay argues that it is the state that embodies normative masculinity. The State as an ideational entity demands the defense and expansion of its normative masculinity during armed conflict. …
Making The Grade: The Contribution Of Education Expenditure To Economic Growth, Neil Frank
Making The Grade: The Contribution Of Education Expenditure To Economic Growth, Neil Frank
Undergraduate Economic Review
Does education expenditure promote long-run economic growth? Empirical evidence is inconclusive. This paper addresses the question of how education expenditure influences economic growth using a long run growth accounting model analyzing 179 countries from 1970 to 2014. Overall, the results indicate that education expenditure does positively affect growth. However, when the sample is split into different criteria based on economic prosperity of the countries in question, the results change. In non-oil countries education expenditure increases economic growth, in developing countries education expenditure has a negative impact and in OECD countries the impact is non-significant.
Why The Right?: Evaluating Vote Choice In Rural America, Zoe Bouras
Why The Right?: Evaluating Vote Choice In Rural America, Zoe Bouras
Honors Projects
Why the Right? Evaluating Vote Choice in Rural America focuses on explaining the seemingly “counterintuitive” vote choices of many poor, white, rural Americans. Theoretically, one would anticipate that those with low incomes would have a vested interest in redistributive policies. In reality, however, many of these Americans do not vote for these policies or the political party that champions them, The Democrats. This idea that these residents vote against their interests is growing increasingly popular and it is often referenced in explanation of the results of the 2016 US Presidential Election. Using data from the American National Election Study and …
Mutual Economic Incentives For Urban Tree Canopy Restoration, Paul E. Thompson Jr.
Mutual Economic Incentives For Urban Tree Canopy Restoration, Paul E. Thompson Jr.
Undergraduate Economic Review
Potential alignment of economic incentives for tree canopy restoration are modeled using data from a 2015 Louisville Metro Government (KY) Urban Tree Canopy Assessment. The study revealed marked declines in urban canopy coverage from 2004-2012; accelerating losses are forecast through 2050. Tree coverage conveys substantial financial benefit to private property owners, primarily through increased property valuations. Benefits to local government may be derived from the corresponding increase in property tax assessments. A comprehensive cost-benefit analysis demonstrates the economic efficiency of tree purchase vouchers (issued by government to private property owners) as a potential contributing solution to urban canopy loss.
Are Volatility Expectations In Different Countries Interdependent? A Data-Driven Solution To Structural Var Identification For Implied Equity Volatility Indices, Timothy De Silva
Are Volatility Expectations In Different Countries Interdependent? A Data-Driven Solution To Structural Var Identification For Implied Equity Volatility Indices, Timothy De Silva
Undergraduate Economic Review
Over the past couple of decades, the number of volatility indices has increased rapidly. Although the dynamics of realized volatility spillover have been studied extensively, very few studies exist that examine the spillover between these implied volatility indices. By using DAG-based structural vector autoregression, this paper provides evidence that implied volatility spillover differs from realized volatility spillover. Through solving the well-known VAR identification problem for these indices, this paper finds that Asia, more specifically Hong Kong, plays a central role in implied volatility spillover during and after the 2008 financial crisis.
Time Allocation, Sleep, And Academic Achievement In The Student Population, Patrick F. Ryan
Time Allocation, Sleep, And Academic Achievement In The Student Population, Patrick F. Ryan
Undergraduate Economic Review
I analyze survey data from the American Time Use Survey and expand the field of research on sleep behaviors and time use in the student population. In my sample, I include respondents with ages ranging from 15-25 years to capture the high school and college populations. Sleep loss, increased stress, and greater extracurricular participation in student populations warrants further research into quantity and perceived quality of sleep in these groups. My analysis utilizes regression models to determine what activities take away the most time from human capital accumulation.
Measuring Health Outcomes Of Uncovered Employment: A Study Of Income, Social Mobility, Equality, And Health Indicators In An Under-Looked Segment Of The Labor Force, Zakariya Kmir
Undergraduate Economic Review
Economists have strongly supported the idea that unemployment causes many undesirable health outcomes. However, how does belonging to a different sector of employment tied closely to changes in minimum wage and inflation relate to overall health? To properly understand the numerical significance of health disparities in the uncovered sector of employment, this research is targeted at quantifying the relationship between the insured and non-insured within the uncovered sector. By substantiating the existence of severe health disparities as a function of the labor force dynamic, this research subsequently estimates the amount of inefficiency and negative health outcomes in the US economy …
Is There Really A Foreign Language Premium In Canada?: Evaluating The Foreign Language Effect On Canadian Wages, Peter C. Ki
Is There Really A Foreign Language Premium In Canada?: Evaluating The Foreign Language Effect On Canadian Wages, Peter C. Ki
Undergraduate Economic Review
Given the debates on whether knowing a foreign language has a positive or negative effect on wages, there is little or no research conducted on how it fares in Canada, despite extensive studies on French and English. Using the Public Use Microdata Files of the 2011 National Household Survey by Statistics Canada, I find a 2.84% wage penalty for Canadians who know a foreign language and an even greater penalty for Canadians who use these languages at work. I proceed to decompose the results by language and occupation to find varying results. I also attempt to use a religion proxy …
The Value Of Green Certification On Single-Family Houses In The Chicagoland Area, Raymond Bolton
The Value Of Green Certification On Single-Family Houses In The Chicagoland Area, Raymond Bolton
Honors Projects
In the United States, residential buildings alone account for 33% of energy consumption. Rising concerns about environmental impacts due to human consumption, as well as health concerns related to pollution have caused a higher demand for environmentally conscious houses. Homebuilders have responded by providing green certifications for houses, attesting to a building’s efficiency in various aspects, such as site design and energy and water consumption. Using Multiple Listing Services real estate data on zero- to five-year-old houses sold between 2010 and 2017 in the Chicagoland area, this study examines whether there is a price premium associated with qualifying for green …
Implications Of Regional Banking Industry On Regional Business Dynamics, Rowland Filbert
Implications Of Regional Banking Industry On Regional Business Dynamics, Rowland Filbert
Mark A. Israel '91 Endowed Summer Research Fund in Economics
Entrepreneurship and its job creation capacity play an important social function and this study analyzes how the health of a regional banking industry affects these regional business dynamics. Using a panel dataset covering all 50 states and Washington, DC for the period 1977-2014, several key outcome variables were estimated using a fixed effects and instrumental variable regressions. These included net business formation, net job creation, net job creation among continuers, the job creation rate, and employment growth. These were explained by banking variables like return-on-assets and capital-to-assets as well as regional macroeconomic variables like real personal income and housing price …
Colleen Connelly: Taking The First Step Towards Improving Food Accessibility, Michelle Rekowski '19
Colleen Connelly: Taking The First Step Towards Improving Food Accessibility, Michelle Rekowski '19
Outstanding Ethnographic Research Projects
Colleen Connelly is nineteen years old and already in her third year running the Sunnyside Community Garden in West Bloomington. She co-founded the nonprofit to provide fresh produce to the West Bloomington community as part of an entrepreneurship program at Normal Community High School. She wants to provide a space for the community to actively learn about the food they are growing, as a way to work towards economic and environmental sustainability. Describing the garden as a food forest is part of sustainability planning, as food forests are designed to efficiently utilize existing natural landscapes. In other words, food forests …
Critical Discussion: Civil Disobedience - Note Of Introduction, James Simeone
Critical Discussion: Civil Disobedience - Note Of Introduction, James Simeone
Res Publica - Journal of Undergraduate Research
PSCI 315 Classical Political Thought: Democracy in Athens and America is a foundational course in the political science major, and one option in the required political theory sequence at Illinois Wesleyan. One of the goals of the course is to introduce students to some of the fundamental problems in political thought. The issue here was the nature and extent of civil disobedience. This assignment began with the queries: when are we justified in disobeying the law? Do democratic lawmaking procedures and the opportunity to dissent before the law is passed make a difference in assessing the warrant of disobedience? Students …
The Duty To Disobey, Megan Baker
The Duty To Disobey, Megan Baker
Res Publica - Journal of Undergraduate Research
America is a country founded on revolution. In fact, our founding fathers valued this right to dissent so highly, that they wrote it into our first amendment. In recent years, America has come to fear the very same kind of civil disobedience on which the country was founded. Now, citizens are expected to balance their dissent within the parameters of law, and this is exactly the view of past Supreme Court Justice Abe Fortas. He stands for civil disobedience that follows the processes outlined in the Constitution and expects that dissenters accept their punishments when they step out of the …
The Persuasive Brilliance Of Fortas, Ethan Pogge
The Persuasive Brilliance Of Fortas, Ethan Pogge
Res Publica - Journal of Undergraduate Research
The central question of this piece is how to strike a balance between radical civil disobedience and adherence to the laws put in place by government. Multiple schools of thought on how to obey and protest laws are discussed. Abe Fortas contends that peaceful, non-violent measures must be taken to protest and remedy laws that people support. Howard Zinn argues that more radical measures need to be taken in order to remedy unjust laws. Ultimately, Zinn’s concept of radical disobedience misses its mark because the concept of justice is too subjective. The breaking of laws requires a punishment which lends …
Civil Disobedience: A Necessary Evil, Benjamin Nielsen
Civil Disobedience: A Necessary Evil, Benjamin Nielsen
Res Publica - Journal of Undergraduate Research
As Socrates sits awaiting his death, he argues with Crito about the cons of escaping this punishment. Socrates argues that escaping without the consent of Athens would be trying to have two wrongs equal a right, which he explains to Crito only puts Athens in greater danger, even though Socrates admits that this ruling is unjust because it is the popular majority that wishes to see him put to death. “What we ought to worry about is not so much what people in general will say about us but what the expert in justice and injustice says, the single authority …
Res Publica Cover 2018, Anneke Nilles
Res Publica Cover 2018, Anneke Nilles
Res Publica - Journal of Undergraduate Research
No abstract provided.