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Economics

2019

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Articles 1 - 30 of 76

Full-Text Articles in Social and Behavioral Sciences

Predicting Market Trends: Effects Of Gdp And Pmi On Changes In Stock Closing Prices, Charley Renna Dec 2019

Predicting Market Trends: Effects Of Gdp And Pmi On Changes In Stock Closing Prices, Charley Renna

Student Scholar Symposium Abstracts and Posters

In an effort to learn more about the impact of certain economic variables on the stock market, I chose to analyze the impact that the Purchasing Managers’ Index and U.S. Gross Domestic Product have on three major stock indices: S&P 500, Dow Jones Industrial Average, and Nasdaq 100. The PMI is an index of the direction of economic trends in the manufacturing and services sector. Released on the first business day of every month, it consists of a diffusion index that summarizes whether market conditions are expanding, staying the same, or contracting. An index level greater than 50 ...


Law Library Blog (December 2019): Legal Beagle's Blog Archive, Roger Williams University School Of Law Dec 2019

Law Library Blog (December 2019): Legal Beagle's Blog Archive, Roger Williams University School Of Law

Law Library Newsletters/Blog

No abstract provided.


The Value Of A Sports Franchise: The Influence Of Coaches, Fans, And Players, Montgomery Gray Oct 2019

The Value Of A Sports Franchise: The Influence Of Coaches, Fans, And Players, Montgomery Gray

Sacred Heart University Scholar

This article examines existing data to consider the factors that go into the valuation of a sports franchise. Rather than assuming a narrow monetary calculation, I argue for a broader perspective that includes the often incalculable influence of coaches, fans, and players.


Practice Questions For Openstax Economics 2nd Edition, Levent Bulut, Ellis Heath Oct 2019

Practice Questions For Openstax Economics 2nd Edition, Levent Bulut, Ellis Heath

Business Administration, Management, and Economics Ancillary Materials

This set of practice questions for OpenStax Economics Second Edition was created under a Round Twelve Mini-Grant for Ancillary Materials Creation and Revision.

The PDF contains questions for:

  • Chapter 3 Part 1: Demand and Supply Model;
  • Chapter 3 Part 2: Price Floors and Efficiency;
  • Chapter 4: Labor and Financial Markets;
  • Chapter 12: Environmental Protection and Negative Externalities;
  • Chapter 13: Positive Externalities and Public Goods;
  • Chapter 17: Financial Markets;
  • Chapter 19: The Macroeconomic Perspective: GDP;
  • Chapter 20: Economic Growth;
  • Chapter 21: Unemployment;
  • Chapter 22: Inflation;
  • Chapter 27: Money and Banking;
  • Chapter 28: Monetary Policy and Banks Regulation.


In Israeli-Palestinian Conflict, Could Commerce Foster Trust, Tolerance, And Peace?, Nathan B. Oman Sep 2019

In Israeli-Palestinian Conflict, Could Commerce Foster Trust, Tolerance, And Peace?, Nathan B. Oman

Nathan B. Oman

No abstract provided.


Gop Tax Policy Should Ditch Keynes For Hayek, Nathan B. Oman Sep 2019

Gop Tax Policy Should Ditch Keynes For Hayek, Nathan B. Oman

Nathan B. Oman

No abstract provided.


Price Theory And Vertical Restraints: A Misunderstood Relation, Alan J. Meese Sep 2019

Price Theory And Vertical Restraints: A Misunderstood Relation, Alan J. Meese

Alan J. Meese

The Chicago School of antitrust analysis has exerted a strong influence over the law of vertical restraints in the past two decades, leading the Supreme Court to abandon much of its traditional hostility toward such agreements. Chicago's success has provoked a vigorous response from Populists, who support the traditional approach. Chicago, Populists claim, has improperly relied upon neoclassical price theory to inform the normative and descriptive assumptions that drive its analysis of trade restraints generally and of vertical restraints in particular. This reliance is misplaced, Populists assert, because the real world departs from that portrayed by price-theoretic models and ...


Economic Theory, Trader Freedom And Consumer Welfare: State Oil Co. V. Khan And The Continuing Incoherence Of Antitrust Doctrine, Alan J. Meese Sep 2019

Economic Theory, Trader Freedom And Consumer Welfare: State Oil Co. V. Khan And The Continuing Incoherence Of Antitrust Doctrine, Alan J. Meese

Alan J. Meese

No abstract provided.


When Y2k Causes "Economic Loss" To "Other Property", Peter A. Alces, Aaron S. Book Sep 2019

When Y2k Causes "Economic Loss" To "Other Property", Peter A. Alces, Aaron S. Book

Peter A. Alces

No abstract provided.


Avoiding Takings “Accidents”: A Torts Perspective On Takings Law, Eric Kades Sep 2019

Avoiding Takings “Accidents”: A Torts Perspective On Takings Law, Eric Kades

Eric A. Kades

Viewing the Takings Clause of the Fifth Amendment as a form of insurance appeals to our intuition. The government, like fire, does not often "take" property, but when faced with extraordinary risk property owners naturally desire compensation. Recent scholarship, however, has dissolved the attractiveness of this perspective. This literature, through economic analysis, claims that the Takings Clause should be repealed and replaced with private takings insurance. This is the "no-compensation" result. This article argues that the insurance-based understanding of the just compensation requirement can be preserved without reaching the surprising no-compensation result. The intuitive appeal of understanding the Takings Clause ...


Will Marriage Promotion Work?, Vivian E. Hamilton Sep 2019

Will Marriage Promotion Work?, Vivian E. Hamilton

Vivian E. Hamilton

No abstract provided.


Payday Lenders And Credit Cards: A Hidden Driver Of Income Inequality, Aaron Klein Sep 2019

Payday Lenders And Credit Cards: A Hidden Driver Of Income Inequality, Aaron Klein

Brookings Scholar Lecture Series

As part of the Brookings Scholar Lecture Series, Brookings Mountain West presents a lecture titled "Payday Lenders and Credit Cards: A Hidden Driver of Income Inequality" by Brookings Fellow in Economic Studies, Aaron Klein. This lecture examines how, for millions of working families, America’s slow payment system costs billions of dollars. The system needs technological innovation, but incumbency, economies of scale, and government may counter technological advancement. This lecture explores if the U.S. remains the dominant global standards setter for payment instruments.


The Effect Of Perceived Corruption On Voter Turnout In Post-Communist Countries In The European Union: Evidence From The Life In Transition Survey Iii, Ivana Pancurakova Sep 2019

The Effect Of Perceived Corruption On Voter Turnout In Post-Communist Countries In The European Union: Evidence From The Life In Transition Survey Iii, Ivana Pancurakova

School of Arts & Sciences Theses

This paper measures the effect of perceived corruption on voting in post-communist countries in the EU using probit models, Dong and Lewbel’s special estimator, and two stage least squares models. Corruption has a significant and negative effect on voter turnout even when controlling for the endogeneity in the corruption variable.


The Natality Effect Of State Administered Earned Income Tax Credits, Jerome Sader Jul 2019

The Natality Effect Of State Administered Earned Income Tax Credits, Jerome Sader

Capstone Projects-Economics

This paper utilizes a nine-period panel dataset and a first-difference equation to analyze to what extent state administered Earned Income Tax Credits to tax-filers impact the fertility rate among a state’s population. Utilizing data from the American Community Survey, the IRS, and the Center for Disease Control, changes in fertility rates are regressed upon a first-difference model, which includes year fixed effects, that controls for changes in state-level variables such as household income, female education, female labor supply, changes in the amount of a state’s population receiving the Earned Income Tax Credit, and the average amount that each ...


Framing The Chicago School Of Antitrust Analysis, Herbert J. Hovenkamp, Fiona Scott Morton Jun 2019

Framing The Chicago School Of Antitrust Analysis, Herbert J. Hovenkamp, Fiona Scott Morton

Faculty Scholarship at Penn Law

The Chicago School of antitrust has benefited from a great deal of law office history, written by admiring advocates rather than more dispassionate observers. This essay attempts a more neutral stance, looking at the ideology, political impulses, and economics that produced the Chicago School of antitrust policy and that account for its durability.

The origins of the Chicago School lie in a strong commitment to libertarianism and nonintervention. Economic models of perfect competition best suited these goals. The early strength of the Chicago School of antitrust was that it provided simple, convincing answers to everything that was wrong with antitrust ...


The Effect Of Economic Downturns On Mortality Rates, Bethany Koch Jun 2019

The Effect Of Economic Downturns On Mortality Rates, Bethany Koch

Celebration of Learning

My research attempts to show the effect that economic downturns have on overall mortality rates in the United States. I compare mortality rates for several states from 2000 to 2010, attempting to find a pattern in the individual states of lower mortality rates subsequent to the 2008 recession. I do so by running a regression equation to find any sign of correlations.


The Saga Of Casino Gambling In Massachusetts, Richard A. Mcgowan, John F. F. Mahon May 2019

The Saga Of Casino Gambling In Massachusetts, Richard A. Mcgowan, John F. F. Mahon

International Conference on Gambling & Risk Taking

No abstract provided.


Health Care's Market Bureaucracy, Allison K. Hoffman May 2019

Health Care's Market Bureaucracy, Allison K. Hoffman

Faculty Scholarship at Penn Law

The last several decades of health law and policy have been built on a foundation of economic theory. This theory supported the proliferation of market-based policies that promised maximum efficiency and minimal bureaucracy. Neither of these promises has been realized. A mounting body of empirical research discussed in this Article makes clear that leading market-based policies are not efficient — they fail to capture what people want. Even more, this Article describes how the struggle to bolster these policies — through constant regulatory, technocratic tinkering that aims to improve the market and the decision-making of consumers in it — has produced a massive ...


A Statistical Analysis Of Economic Perceptions In The 2015 United Kingdom General Election, Amarvir Singh-Bal Mr. May 2019

A Statistical Analysis Of Economic Perceptions In The 2015 United Kingdom General Election, Amarvir Singh-Bal Mr.

Undergraduate Economic Review

This paper characterises the vote which took place in the United Kingdom's (U.K.) 2015 General Election as an ‘accountability instrument.’ In doing so, the research interrogates which sections of the electorate hold the incumbent government more accountable for economic outcomes between the 2010 and 2015 U.K. General Elections. The Rational Choice Theory and the Michigan Model are used in this study to present two interlinked, and yet distinct, hypotheses – that less politically informed and non-partisan voters are more likely to hold the government accountable for economic performances; compared to the politically informed and partisan voters within the ...


Economic Development And Peace: To Be Pursued In Tandem, Allison Fisher May 2019

Economic Development And Peace: To Be Pursued In Tandem, Allison Fisher

Senior Honors Projects, 2010-2019

Peace and economic development are often regarded as separate fields with little overlap. The association with the field of economics makes the latter seem more measurable, more tangible, and therefore more academic. However, a shift is taking place as peace practitioners and researchers discover ways to compare the level of peace within and between countries. Current research in peace studies shows a salient link between the level of economic development and the level of peace within societies. Researchers that work in these two fields must pursue them simultaneously and jointly. The purpose of this paper is to highlight evidence of ...


An Evaluation Of The Impact Of Leading Pedestrian Interval Signals In Nyc, Jeremy J. Sze May 2019

An Evaluation Of The Impact Of Leading Pedestrian Interval Signals In Nyc, Jeremy J. Sze

School of Arts & Sciences Theses

I evaluated the impact of the phased introduction of Leading Pedestrian Interval Signals (LPIs) on collision and injury outcomes at 12,987 signalized traffic intersections in New York City over the course of 25 quarters from 2012 to 2018. An intersection is treated when a LPIs is installed to give pedestrians lead time to cross the street before vehicles are allowed to move. Outcomes from NYPD’s Motor Vehicle Collisions data were matched to signalized intersections. I hypothesize that LPIs would reduce collisions and reduce injuries for pedestrians at intersections. A difference in difference fixed effects panel regression was used ...


The Quality Of Xbrl Structured Financial Statements: An Empirical Examination Of Custom Tags, Aidana Razhap Kyzy May 2019

The Quality Of Xbrl Structured Financial Statements: An Empirical Examination Of Custom Tags, Aidana Razhap Kyzy

School of Arts & Sciences Theses

In 2009 the US Securities and Exchange Commission (SEC) adopted the eXtensible Business Reporting Language (XBRL) system to improve the process by which financial statements can be used. Interactive financial data filed with the SEC using XBRL provides easily readable and comparable financial data, thereby improving transparency and efficiency in the corporate market. SEC rules permit companies to use custom tags in their financial reports in cases when an appropriate element cannot be found in the Financial Accounting Standards Board (FASB) standard XBRL taxonomy. The inordinate use of custom tags may result in a reduction of financial report quality by ...


Does Family Income Determine A Children Future Educational Attainment Level?, Diaisha T. Richards May 2019

Does Family Income Determine A Children Future Educational Attainment Level?, Diaisha T. Richards

Applied Economics Theses

Family income and education have been a major concern in a variety of researches, and as a topic in society. These two components are a major concern because they are known to be key elements in determining future success for an individual. Various studies investigated the significance, correlations and impacts these two factors have on one another. It is common for the amount of family income obtained to determine how much education one will receive in the future. This study focuses on testing the hypothesis that family income determines how much education a child will receive in the future. By ...


The Quest For Replicability: A Review Of Research Data Policies In Economics Journals, Melody Chin, Danping Dong May 2019

The Quest For Replicability: A Review Of Research Data Policies In Economics Journals, Melody Chin, Danping Dong

Research Collection Library

Research data openness serves as best practice and plays a critical role in facilitating the replicability and reproducibility of published research. In the field of Economics, journal data policies have been instrumental in encouraging the sharing of data and code, especially when the requirements are strict and enforceable. It is also evident that in recent years, increasing number of journals now has some form of research data policy in place. This paper attempts to analyze the data policies of the 74 general and field-specific Economics journals listed in the ranking database as part of the Tilburg University Top 100 Worldwide ...


How Does Teacher Retention Affect Student Achievement?, Tatiana Rivera May 2019

How Does Teacher Retention Affect Student Achievement?, Tatiana Rivera

Honors Theses

This paper attempts to analyze the impact that teacher retention has on student achieving. This study estimates the effects of teacher retention on 324 10th grade high school ELA and Math MCAS scores in Massachusetts as a whole while also including economically disadvantaged and English as a Second Language selected-student populations. The results indicate that teacher retention specifically does not have much of an effect on their scores. The effects appeared to be slightly greater with the ELA MCAS scores in schools that are low-performing where the retention rates are lower due to the economically disadvantaged populations.


Essays On Convex Weighting For Global Vector Autoregressive Models, Garrison Leach May 2019

Essays On Convex Weighting For Global Vector Autoregressive Models, Garrison Leach

Economics Theses and Dissertations

This dissertation focuses on studying the impact that weighting schemes can have on forecasting performance and dynamic analysis in global vector autoregressive (GVAR) models. The first chapter discusses an existing gap in the literature regarding weighting scheme choice and develops a simple, yet powerful method for defining richer spatial linkages in a way that doesn’t sacrifice economic context. The new technique called convex weighting, extends the set of available options for defining spatial linkages in models that handle the curse of dimensionality via compression and offers a justifiable approach to alleviating uncertainty. The second and third chapters apply the ...


The Effects Of Conflict On Household Agricultural Investment In Nigeria, Harrison Mitchell May 2019

The Effects Of Conflict On Household Agricultural Investment In Nigeria, Harrison Mitchell

Economics Honors Projects

While the negative effects of conflict on health and education are well established, studies identifying the effects of conflict on household agricultural investment are sparser. I combine a household panel dataset from Nigeria’s Living Standards Measurement Survey - Integrated Surveys on Agriculture (LSMS-ISA) with detailed data on conflict events from the Armed Conflict Location & Event Data (ACLED). Using an event studies framework, these data allow me to estimate the effects of conflict on a variety of household agricultural decisions. I find evidence that conflict involving Fulani pastoralists reduces a household’s cattle holdings in the following season. Additionally, I find ...


Spreadsheets-In-Space: A Quantitative Exploration Of Movement, Currency Creation, And Conflict Within Eve Online, Christopher Alan Pryor May 2019

Spreadsheets-In-Space: A Quantitative Exploration Of Movement, Currency Creation, And Conflict Within Eve Online, Christopher Alan Pryor

Theses and Dissertations

EVE Online is a massively-multiplayer online game with complex interactions between players and their unique, virtual environment. These relationships are the ongoing results of a conflict-driven economy, but they vary both in duration and by location.

This study attempts to quantify the direct effects of movement and indirect effects of conflict upon economic activity in the form of currency creation and delineate how successfully these relationships can be quantified by narrower time-spans and areas. Results of the mediation models used in this exploration indicate the changing relationship between movement (Ship Jumps), conflict (Ship Kills), and currency creation (Faction Kills) is ...


British Government Information Resources, Bert Chapman Apr 2019

British Government Information Resources, Bert Chapman

Libraries Faculty and Staff Creative Materials

Provides an overview of British Government information resources. Contents include basic British economic and political background and information from British Government websites including the Department of Environment, Food, and Rural Affairs (DEFRA), Brexit related material produced by British government agencies such as the Department for Exiting the European Union,, the Ministry of Defence, the National Museum of the Royal Navy, the Home Office Visas and Immigration Section, the Office of National Statistics, Her Majesty's Treasury, the British Parliament including parliamentary committees and research agencies, the website of Member of Parliament (MP) Jacob Rees-Mogg (Conservative-North East Somerset), a webcast of ...


Endowment Effects In Chimpanzees, Owen D. Jones, Sarah F. Brosnan, Susan P. Lambeth, Mary Catherine Mareno, Amanda S. Richardson, Steven Schapiro Apr 2019

Endowment Effects In Chimpanzees, Owen D. Jones, Sarah F. Brosnan, Susan P. Lambeth, Mary Catherine Mareno, Amanda S. Richardson, Steven Schapiro

Owen Jones

Human behavior is not always consistent with standard rational choice predictions. The much-investigated variety of apparent deviations from rational choice predictions provides a promising arena for the merger of economics and biology. Although little is known about the extent to which other species also exhibit these seemingly irrational patterns of human decision-making and choice behavior, similarities across species would suggest a common evolutionary root to the phenomena.

The present study investigated whether chimpanzees exhibit an endowment effect, a seemingly paradoxical behavior in which humans tend to value a good they have just come to possess more than they would have ...