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Full-Text Articles in Social and Behavioral Sciences

The Effects Of Fundamentals, Speculation, Government Policies, And International Capital Flows On China's Stock Market, Yanshen Qi Jan 2019

The Effects Of Fundamentals, Speculation, Government Policies, And International Capital Flows On China's Stock Market, Yanshen Qi

Electronic Theses and Dissertations

This paper, based on the relationship between the economy, policy and the financial market seeks to explore the leading force in China's stock market and identify how the government policies affect the stock market, through an analysis of the performance of the Shanghai Stock Exchange Index over the past 10 years. Comparing the stocks' intrinsic value to their market price can present an aerial view of China's stock market. When the market prices deviated from fundamentals, we can find what government did to respond to the market and lead market opinions.

Through our estimation, comparing the sample fundamental ...


The Size Of The Multiplier: Comparing Alternate Views After The Great Recession, Daniel Focht Jan 2019

The Size Of The Multiplier: Comparing Alternate Views After The Great Recession, Daniel Focht

Electronic Theses and Dissertations

This thesis reviews the major theoretical frameworks and their outlook on the government spending, its effectiveness, the implied size of the multiplier and how they differed in empirical studies. This is followed by an estimation of the government multiplier for the major U.S. fiscal policy, namely the American Recovery and Reinvestment Act (ARRA), after the Great Recession of 2007-2009. Own estimation of the size of the multiplier is presented using a standard SVAR model based on New Keynesian approach for time period between 2009 and 2018. In addition, following the classical economic theory, the multiplier is recalculated in the ...


Contrasting Chicago School And Kaleckian Theories: Industrial Organization, Income Distribution, And Historical Policy Significance In The United States, Henry Aaron Dobbs Jan 2019

Contrasting Chicago School And Kaleckian Theories: Industrial Organization, Income Distribution, And Historical Policy Significance In The United States, Henry Aaron Dobbs

Electronic Theses and Dissertations

The purpose of this paper is to identify the role that long-run industry concentration plays in determining the distribution of income, particularly in the past four decades in the United States, as well as examining how industry concentration has developed during that period. The paper is especially focused on the fall in labor’s share of income. First, I examine current literature regarding trends in industry concentration and its relation to the distribution of income. Next, I examine the historical impact of the Chicago School of Economics on this subject, focusing on the school of thought’s propositions regarding industry ...


How Informational Imperfections Lead To Sub-Optimal Solutions In Health Savings Plan And Potential Remedies In A Competitive Marketplace, Jacob Gene Dengg Jan 2019

How Informational Imperfections Lead To Sub-Optimal Solutions In Health Savings Plan And Potential Remedies In A Competitive Marketplace, Jacob Gene Dengg

Electronic Theses and Dissertations

In the growing trend of consumer-driven health insurance, more consumers than ever have access to a high-deductible health plan paired with a health savings account, where consumers can save pre-tax income for healthcare but also face higher out-of-pocket prices, in hopes that consumers will become smarter shoppers. The Health Savings Plan is successful at lowering costs, but at the expense of consumers lowering their adherence to healthcare, raising health risk. Even in a competitive market, HSP plan designs require smart shoppers and more active healthcare self-management, but without dealing with the informational imperfections that need to be overcome to encourage ...


Social Determinants Of Health Theory: Policy Entry Points For Healthcare Providers, Kiah R. Vandergrift Jan 2019

Social Determinants Of Health Theory: Policy Entry Points For Healthcare Providers, Kiah R. Vandergrift

Electronic Theses and Dissertations

This thesis examines a shifting paradigm in the U.S. healthcare system that will re-define the role that the healthcare provider plays in the production of health. It does this by first acknowledging two differing economic theories on the production of health: Human Capital Theory and Social Determinants of Health theory, and how both schools of thought have contributed to the paradigm that healthcare providers only play a role in the end stages of health production - to heal those who are already ill. However, policy, payment, and delivery system reforms have begun to force healthcare providers to re-think how they ...


Changing The Rules Of The Game: Can Voicing For Social Responsibility Influence Market Behavior Toward Greater Inclusiveness In Economic Development?, Eileen M. Hoffmann Jan 2019

Changing The Rules Of The Game: Can Voicing For Social Responsibility Influence Market Behavior Toward Greater Inclusiveness In Economic Development?, Eileen M. Hoffmann

Electronic Theses and Dissertations

This thesis examines social responsibility within a capitalist economy by investigating socially responsible investing and, tangentially, corporate social responsibility. These concepts have been at the heart of economic and legal debates for hundreds of years, with no clearly defined consensus regarding how to account for multi-stakeholder welfare inside the market system. This point is brought to life by analyzing two dominant twentieth-century economic periods, 1945-1975/79 and post-1980, through the deliberations of Keynesian economics and Milton Friedman.

This thesis postulates that since the 2008 global financial crisis, a new (i.e. third) economic period is taking shape, ushered in by ...


The Role Of The State In International Trade Theory And Policy: Historical Evidence From South Korea And Brazil, Sumaiya Nehla Saif Jan 2019

The Role Of The State In International Trade Theory And Policy: Historical Evidence From South Korea And Brazil, Sumaiya Nehla Saif

Electronic Theses and Dissertations

Since the early 1980s, the economic performance of individual countries has been increasingly dependent on global dynamics. Neoliberal policies, including free trade, have been fostered by the global community for both mature and developing economies, led by the view that free markets constitute the driving force of economic growth and development. Accordingly, the World Trade Organization (WTO), the International Monetary Fund (IMF) and the World Bank (WB) - in addition to the developments within mainstream economic theory - have contributed to portray the state as the carrier of inefficiencies and market distortions, which prevent the unfolding of economic freedom and profitable entrepreneurship ...


Automation And Adaptation: Information Technology, Work Practices, And Labor Demand At Three Firms, Spencer J. Rockwell Jan 2019

Automation And Adaptation: Information Technology, Work Practices, And Labor Demand At Three Firms, Spencer J. Rockwell

Electronic Theses and Dissertations

The use of information and communication technology to automate routine tasks involves two types of innovation: technological and organizational. Together, improvements in technological capabilities and complementary changes made by firms in the way they organize work and implement work practices constitute the conditions under which machines substitute for or complement human workers. Building on the prevailing model of routine-biased technical change and recent insights into organizational complementarities, I conduct three qualitative case studies in health care and real estate to assess the relationship between technology and firm-level labor demand. Unique combinations of technological innovation, organizational complementarity, and decision-making at each ...


The Economic And Social Values Associated With Small South Dakota Lakes, Aaron Patrick Sundmark Jan 2019

The Economic And Social Values Associated With Small South Dakota Lakes, Aaron Patrick Sundmark

Electronic Theses and Dissertations

The valuation of small fishing lakes is a vital component in understanding the importance of fishing and of recreational resources, in general. Knowing the values associated with such lakes is essential when prioritizing management activities. The overall value of a lake as a resource for human benefit is estimated as the summation of both instrumental and non-instrumental values. Instrumental values consist of economic and utilitarian values, as well as the values that a lake provides from ecosystem services. Non-instrumental values consider what the lake is worth as a good of its own, such as aesthetic, moral, and spiritual values gained ...


Higher Education Student Debt & Tuition Costs, K. Harrison Maloy Jr Jan 2018

Higher Education Student Debt & Tuition Costs, K. Harrison Maloy Jr

Electronic Theses and Dissertations

U.S. higher education tuition costs have risen at nearly double the rate of inflation over the past forty years. In 2012, student loan delinquency rose to 12% and surpassed credit card delinquency rates as the top category of consumer debt delinquency. Meanwhile, recently enacted federal policies advocate for increased higher education accessibility, affordability and attainability, but simultaneously promote educational institutions to increase spending with funds fueled by student debt. The growth of $136.8 billion in student loan delinquency has triggered decreasing participation in non-student debt markets by people with student loan debt. Fortunately, Americans continue to enroll in ...


Assessing Market Integration Among Aquaculture Products And Production Efficiency In New England's Oyster Aquaculture Industry, Ben Scuderi Aug 2017

Assessing Market Integration Among Aquaculture Products And Production Efficiency In New England's Oyster Aquaculture Industry, Ben Scuderi

Electronic Theses and Dissertations

The Sustainable Ecological Aquaculture Network (SEANET) at the University of Maine is taking an interdisciplinary approach to examine many aspects of marine aquaculture. My role on this team has been to focus on economic concerns related to aquaculture production. The main topics addressed here include price interactions between foreign and domestically produced aquaculture products, as well as production efficiency in New England’s oyster aquaculture industry.

We chose to use catfish as a model species in order to assess the role that the price of foreign aquaculture products have on similar domestic products. There are a several reasons for this ...


The Viability Of Profit-Loss Sharing Models To Finance Small And Medium Enterprises: The Case Of Saudi Arabia, Alhanoof Alghamdi Jan 2017

The Viability Of Profit-Loss Sharing Models To Finance Small And Medium Enterprises: The Case Of Saudi Arabia, Alhanoof Alghamdi

Electronic Theses and Dissertations

This study aims to explore the role of profit-loss sharing (PLS) models to alleviate access to finance for small and medium enterprises in Saudi Arabia, in the light of the stringent requirements of traditional financial institutions, to ensure the growth and development of the SME sector. A central question of this study is the extent to which Islamic banks can adopt profit-loss sharing modes to finance SMEs. The main results present the barriers preventing Islamic banks from the application of profit-loss sharing that increase incidence of agency problems for such institutions. High asymmetry of information and the nature of Islamic ...


The Political Economy Of The Automobile Industry Development In China, Muyuan Niu Jan 2017

The Political Economy Of The Automobile Industry Development In China, Muyuan Niu

Electronic Theses and Dissertations

This paper analyses the political economy of developing the modern Chinese automobile industry. By using qualitative research method, especially case study, and developmental rent management analysis framework, the author analyzed the development in three different time periods since the Chinese economic reform in 1978. Case studies of learning period, developing period and new Chinese owned enterprises after joining WTO presented different policies and rent management strategies arranged by the state to industrialize and develop the modern Chinese automobile industry. Although there are failures involved in the arrangement, China finally industrialized and developed its modern automobile industry and became the world ...


Employment Discrimination Of Chinese Unmarried Women, Jifan Huang Jan 2017

Employment Discrimination Of Chinese Unmarried Women, Jifan Huang

Electronic Theses and Dissertations

Employment discrimination has been existed through the history and gender discrimination is one of the most common one. The discrimination against women is the most discussed one but the discrimination against unmarried women is easily ignored. While comparing women and men, marital status is considered as one of the factors that decreases women's competitiveness. However, the marital status, as some people complain, turns into a potential advantage while comparing two equally qualified women. This study focuses on main questions: 1) Does the discrimination against unmarried women while comparing with married women really exist, or is it just reasonable selection ...


Beyond The Legalization Of Marijuana: Economics Of Marijuana As A Drug And Herbal Supplement, Ryan T. Freer Jan 2017

Beyond The Legalization Of Marijuana: Economics Of Marijuana As A Drug And Herbal Supplement, Ryan T. Freer

Electronic Theses and Dissertations

Normative studies misunderstand a crucial aspect of cannabis legalization: they have not critically analyzed how the pharmaceutical industry might react when synthetic cannabinoid compounds could be incorporated into new products. I argue that when marijuana is federally legal, there will be two independent market developments in: i) the cannabis market, which includes botanic cannabis and herbal supplements sold in retail nutrition stores; and ii) the FDA-approved ethical drug market. How does the drug industry's monopolistic pricing structure lend itself to strategic pricing for these new synthetic cannabinoids? How much competition can we expect between dispensaries and nutrition shops selling ...


La Minga As A Model Of Food Justice? : A Thesis On The Motivations And Practices Of Immigrant And Native-Citizen Growers At La Minga Cooperative Farm In Prospect, Ky., Tyler Austin Short May 2016

La Minga As A Model Of Food Justice? : A Thesis On The Motivations And Practices Of Immigrant And Native-Citizen Growers At La Minga Cooperative Farm In Prospect, Ky., Tyler Austin Short

Electronic Theses and Dissertations

Progressive and radical stakeholders in the local food system call for forms of agricultural production and distribution that dialectically oppose the dominant paradigm of corporate-controlled agribusiness. This ethnographic research engages with the question of whether La Minga is a model of food justice. I collected ethnographic data from May 2015 to March 2016 via informal conversations and semi-structured interviews with members of the farm as well as secondary data gleaned from literature on anarchism, political economy, and food and agriculture. La Minga serves as a small-scale example of immigrants and native-citizens exercising their human right to produce healthy, culturally-appropriate food ...


Rethinking The "Marginal Revolution" In The History Of Economic Thought: A Brief Examination Of The Marginal Utility Theory Before And In The 1870s, Ding Ning Jan 2016

Rethinking The "Marginal Revolution" In The History Of Economic Thought: A Brief Examination Of The Marginal Utility Theory Before And In The 1870s, Ding Ning

Electronic Theses and Dissertations

The "Marginal Revolution," a well-known event in the history of economic thought, challenged the mainstream classical political economy and introduced new methods to economic study. The "Marginal Revolution" marked the rise of the Marginal Utility School and pushed the formulation of neoclassical economics. Because marginal utility is the core concept of the "Marginal Revolution," this thesis studies the origin of marginal utility theory by examining figures such as Bernoulli, Bentham, Dupuit, and Goseen, and the utility theory with its related topics of Jevons, Menger and Walras in the 1870s. This thesis considers the significance of the "Marginal Revolution," with particular ...


Akratic Homo Economicus: Does The Neoclassical Economic Theory "Rational Agent" Assumption Accurately Depict Human Nature?, Marina Logachev Jan 2016

Akratic Homo Economicus: Does The Neoclassical Economic Theory "Rational Agent" Assumption Accurately Depict Human Nature?, Marina Logachev

Electronic Theses and Dissertations

Neoclassical economic theory has long been scrutinized for its failure to be congruent with reality, often lacking generality and tractability due to, what many critics argue to be, unrealistic assumptions. One of the theory's core suppositions is a representative "rational agent" or homo economicus, whose self-interest and optimal choices, which are in state of equilibrium and efficiency are rooted in utility maximization of his well-being. Even though neoclassical economics claims to accurately depict human nature, from its very inception it has failed to incorporate human psychology and sociology into its foundations. As the behavioral and biological research became more ...


The Supplemental Nutrition Assistance Program And Childcare, Kyle Kopplin Jan 2016

The Supplemental Nutrition Assistance Program And Childcare, Kyle Kopplin

Electronic Theses and Dissertations

This paper attempts to analyze the effects of subsidized food dollars on the amount of daily childcare in households. More specifically, households in the low income category are of interest because they are the most likely to receive food subsidies. There has been a political debate recently in the United States which argues over the appropriate level of subsidies, if any. More importantly, food insecurity is an issue in the world; many do not know where will the next meal come from. This paper provides statistical evidence that food subsidies in the form of the Supplemental Nutrition Assistance Program (SNAP ...


Mortgage Crisis: Exploring Incentives Prevalent During The Boom And Bust Of The 2001–2007 Mortgage Market, Justin P. Nowicki Jan 2015

Mortgage Crisis: Exploring Incentives Prevalent During The Boom And Bust Of The 2001–2007 Mortgage Market, Justin P. Nowicki

Electronic Theses and Dissertations

The purpose of this thesis is to explain the mortgage market's behavior from 2001 through the first quarter of 2007 by discussing the economic incentives key market participants faced. By exploring incentives faced by key participants, a multifaceted yet logical explanation for the aggressive economic expansion and contraction appears. Throughout this paper I argue that the simultaneous acting upon of such incentives was fundamental to the market behavior and that the actions of each participant are, for the most part, understandable given the incentives that each faced. The paper will describe the monetary and cultural incentives underlying this behavior ...


Single Mothers And Religiosity, Natalie J. Sheets May 2014

Single Mothers And Religiosity, Natalie J. Sheets

Electronic Theses and Dissertations

This study examines single mothers compared to coupled mothers and the differences in their public and private practices of religiosity. Data come from the Pew Forum on Religion and Public Life, 2007 U.S. Religious Landscape Survey. The study explores the influence of marital status between single and coupled mothers by using regression models to control for income, age, education, and race. Findings suggest that, while there are differences in single and coupled mothers in both their public and private practices of religiosity, the cause of these differences is being driven by other social factors rather than marital status alone ...


An Economic Evaluation Of Primary Care Behavioral Health In Pediatrics: A Case Study, Natasha B. Gouge Aug 2013

An Economic Evaluation Of Primary Care Behavioral Health In Pediatrics: A Case Study, Natasha B. Gouge

Electronic Theses and Dissertations

A barrier cited by primary care administrators in integrating behavioral health is financial risk. Fee-for-service billing mechanisms remain complex and there is little empirical guidance on cost-effective models. This study was an economic evaluation of an integrated care model in a pediatric private practice clinic. The study evaluated cost benefits by examining specific delivery indices such as concerns presented, time spent, billing codes used, and reimbursement received in regards to pediatric primary care visits by comparing days when an on-site Behavioral Health Consultant (BHC) was available versus Non-BHC Days. All 3 hypotheses were supported: 1) more patients were seen in ...


The Organic Beauty Industry: A Gendered Economic Review, Brianna D. Connelly Jun 2013

The Organic Beauty Industry: A Gendered Economic Review, Brianna D. Connelly

Electronic Theses and Dissertations

Organic beauty has grown to a $6 billion dollar industry supplying consumers with products that align with unique social consumption preferences. This thesis explores the historical economic perspective of the traditional beauty industry and the development of the organic beauty industry. Capitalism influenced the traditional beauty industry during the pursuit for profits that lead to jeopardizing customer and environmental safety. Consumers responded to this behavior by founding an organic beauty industry that not only considered social issues, but negated gendered beauty standards in the process. Organic product efficacy has emerged as an issue that must be dealt with by regulation ...


The Pursuit Of Balanced Income: An Economic Perspective On Wealth, Calvin E. Pierce Jan 2013

The Pursuit Of Balanced Income: An Economic Perspective On Wealth, Calvin E. Pierce

Electronic Theses and Dissertations

The purpose of this thesis is to determine if households with moderate incomes have the opportunity to acquire pecuniary wealth. In an environment of increasing globalization, labor-eliminating technology, and an overburdened entitlement system, the position of wealth is necessary for households with a penchant for early retirement and particularly for those that will inevitably succumb to involuntary retirement. In these writings, qualitative and quantitative descriptions of wealth are offered; two microeconomic metrics are introduced to identify baseline wealth and to gauge proximity to this value; and strategies are devised to close the gap between these metrics.

The construct of the ...