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Economics

2020

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Full-Text Articles in Social and Behavioral Sciences

Economics Of Covid-19 Syllabus, Sara Gundersen Dec 2020

Economics Of Covid-19 Syllabus, Sara Gundersen

Economics Faculty Publications

This is the syllabus for the course, The Economics of COVID-19, taught in the Fall of 2020


Moving Forward Not Back: The Rule Of Law & Equitable Growth Save Democracy, Michael J. Pickering Dec 2020

Moving Forward Not Back: The Rule Of Law & Equitable Growth Save Democracy, Michael J. Pickering

University of New Orleans Theses and Dissertations

This dissertation focuses on the relevant factors that influence people’s perceived levels of democracy in their country. Using World Values Survey Wave 6 (2010-2014) I demonstrate that an interactive-effect between individuals’ confidence in the courts and their beliefs about the possibility of equitable economic growth account for the greatest effect on their perceived levels of democracy.


Stock Market Correlations To Economic Indicators, Anthony K. Quandt Dec 2020

Stock Market Correlations To Economic Indicators, Anthony K. Quandt

Honors Theses

For this project, I researched how representative the S&P 500 (a common index of choice to represent the market) is of the economic well-being of the US. I found that stock market data can be used an as indicator of the economic well-being of the U.S.. The results do not indicate that the stock market leads to recovery, but it does suggest that it is correlated with recovery. In my analysis, I compared the S&P 500 performance to four different economic indicators: Real Gross Domestic Product (GDP), The Consumer Price Index (CPI), Average Weekly Private Wages, and Unemployment Rate. A …


St. Cloud Area Quarterly Business Report, Vol. 22, No. 4, King Banaian, Richard Macdonald Dec 2020

St. Cloud Area Quarterly Business Report, Vol. 22, No. 4, King Banaian, Richard Macdonald

St. Cloud Area Quarterly Business Report

The St. Cloud area economy remains in recession as the uneven effects of the COVID-19 pandemic continue to plague the local labor market. While some local sectors are experiencing uninterrupted strong growth, the virus’ impact on the leisure/hospitality and other services sectors is creating historic existential challenges for some area firms. Overall local employment was 3.4 percent lower in October 2020 than it was one year earlier, but this is a clear improvement from what was seen in the June St. Cloud Area Quarterly Business Report (at which time an 11.5 percent year-over-year decline in area employment was reported). The …


An Understanding Of Prisons, Race, And Class In The United States, Seth Ketchum Dec 2020

An Understanding Of Prisons, Race, And Class In The United States, Seth Ketchum

Honors Projects

After a summer of protests sparked by police brutality, the United States remains divided on this most important issue. This paper will seek to contextualize this country’s situation to explain that these protests stem from a history of inequality, in order to argue against claims that the protests are unjustified. With a multidisciplinary approach, we can begin to observe just how unequal this country is and understand what drives so many people to protest during the middle of a global pandemic.


Applying Analytics To The Nfl Draft: Athletic Performance Measures As A Predictor Of Future Success, Owen Brower Dec 2020

Applying Analytics To The Nfl Draft: Athletic Performance Measures As A Predictor Of Future Success, Owen Brower

Economics Theses

Can an athlete’s National Football League’s (NFL) Scouting Combine measurements be used to predict their future success in the League? In this analysis, I use historical combine data to create a grading system that measures a player’s athleticism, regressed upon the player’s rookie year Pro Football Focus (PFF) grade to determine the extent to which athleticism can help NFL franchises better predict the outcomes of their draft picks.


No Free Lunch: Economics For A Fallen World (Third Edition, Revised), Jeffrey E. Haymond Dec 2020

No Free Lunch: Economics For A Fallen World (Third Edition, Revised), Jeffrey E. Haymond

Faculty Books

This open access introductory economics text is available for anyone interested in free market economics from an explicitly Christian worldview. This book is intended to be an engaging read, while not sacrificing technical accuracy or submission to biblical authority. Each chapter contains an introductory scriptural commentary and clearly defined objectives, as well as a “great economist” section at the end and concluding chapter questions. This text supports free market institutions because only free markets provide the outlet for the creativity of man made in God’s image while likewise providing the institutional constraints that minimize the harm that fallen man can …


Internal And External Determinants Of The Adoption Levels Of Sustainable Development Policies In The Energy, Industry And Agricultural Sectors Of Turkey, The United States, The Russian Federation, And The People’S Republic Of China, Onur Kolcak Dec 2020

Internal And External Determinants Of The Adoption Levels Of Sustainable Development Policies In The Energy, Industry And Agricultural Sectors Of Turkey, The United States, The Russian Federation, And The People’S Republic Of China, Onur Kolcak

Graduate Liberal Studies Theses and Dissertations

Our planet's natural resources have helped humanity advance and build countless civilizations. We are a fossil fuel civilization and have evolved so that today's production and energy use has become the most crucial part of all modern economies. We cannot function without reliable, resilient, and secure energy sources that help us continuously produce. Human history is full of important events that have tremendously shaped our experience on this planet. These experiences have sometimes forced us to make quick decisions and change our ways, but some of these changes occurred gradually and gave us time to plan and adapt. Adaptability is …


How Effective Are African Health Systems? An Analysis Of Guinea, Liberia And Sierra Leone, Kale A. Adote Nov 2020

How Effective Are African Health Systems? An Analysis Of Guinea, Liberia And Sierra Leone, Kale A. Adote

HON499 projects

While developed countries in the rest of the world have found themselves overwhelmed by the Covid-19 pandemic, in comparison, Africa has been minimally affected given that it has reported lower case counts since the start of the pandemic in March 2020. However, given the destructive potential of this pandemic, this raises the question: how prepared are health systems in Africa to face major outbreaks? To answer this question, this article explored the state of health systems and epidemic preparedness in African countries using Guinea, Liberia and Sierra Leone as case studies. Given that these three countries were epicentre countries during …


Writing Tips For Economics Research Papers, Plamen Nikolov Nov 2020

Writing Tips For Economics Research Papers, Plamen Nikolov

Economics Faculty Scholarship

No abstract provided.


Using Data Analytics To Predict Students Score, Nang Laik Ma, Gim Hong Chua Nov 2020

Using Data Analytics To Predict Students Score, Nang Laik Ma, Gim Hong Chua

Research Collection School Of Computing and Information Systems

Education is very important to Singapore, and the government has continued to invest heavily in our education system to become one of the world-class systems today. A strong foundation of Science, Technology, Engineering, and Mathematics (STEM) was what underpinned Singapore's development over the past 50 years. PISA is a triennial international survey that evaluates education systems worldwide by testing the skills and knowledge of 15-year-old students who are nearing the end of compulsory education. In this paper, the authors used the PISA data from 2012 and 2015 and developed machine learning techniques to predictive the students' scores and understand the …


State Of Northwest Arkansas Region, Business Analysis 2020, Mervin Jebaraj, Mike Harvey, Karen Roberts Oct 2020

State Of Northwest Arkansas Region, Business Analysis 2020, Mervin Jebaraj, Mike Harvey, Karen Roberts

State of the Northwest Arkansas Region Report

Mervin Jebaraj, the center's director, will outline the economic highlights in the State of the Northwest Arkansas Region Report and will report economic data and insights about the impact of COVID-19.

The State of the Northwest Arkansas Region Report is viewed as one of the best measures of the area's economy, comparing that to peer regions such as Madison, Wis.; Raleigh, N.C.; Provo-Orem, Utah; Des Moines, Iowa; and Austin, Texas.

Northwest Arkansas Council Chief Operating Officer, Mike Harvey, will give an overview of the Council's efforts to attract talent to the region by highlighting quality of life and …


Examining The Relationship Between Legal Origin And Levels Of Economic Globalization, Maeve B. Dwyer Oct 2020

Examining The Relationship Between Legal Origin And Levels Of Economic Globalization, Maeve B. Dwyer

Student Publications

State institutions that came into being centuries ago have taken on different roles in the post-World War II period of globalization. These institutions may have changed significantly as their roles have become greater to accommodate participation in the global political economy. The theory I develop in this paper indicates that the legal origins of a state continue to have a relationship with its current level of economic globalization. This theory is based on previous research produced by several other scholars. My research focuses on the English common law origin and I hypothesize that countries with this legal origin are more …


Energy Demand And Economic Growth: Public Opinion And Mutual Exclusivity, Nicholas L. Silvis Oct 2020

Energy Demand And Economic Growth: Public Opinion And Mutual Exclusivity, Nicholas L. Silvis

Student Publications

The world is currently undergoing an energy transition from primarily fossil fuels to cleaner energy. The developing world is becoming more advanced, spawning relentless economic growth and an increase in energy consumption. Energy demand and economic growth are inextricably linked which poses a paradoxical question about future economic growth during a period of energy transition. Unfortunately, the transition requires large upfront costs with no guaranteed net benefit. A multitude of studies depict the impact of education, party identification, and age on how individuals perceive alternative energy. This study shows that views on governmental spending and party membership have a paradoxical …


The Political Economy Of Nuclear Energy: Why There Is Not Broad Public Support For Nuclear Policy & Why There Should Be, Willa Grace Mei Lee Oct 2020

The Political Economy Of Nuclear Energy: Why There Is Not Broad Public Support For Nuclear Policy & Why There Should Be, Willa Grace Mei Lee

WWU Honors College Senior Projects

In this paper, I examine how the nuclear incidents at Three Mile Island, Chernobyl, and Fukushima impacted public support for nuclear energy in the United States. Particularly, I look at the ways the media has influenced public perception, and thus, nuclear policy. I also consider the economic arguments for and against using nuclear power and highlight the effects of decommissioning nuclear fleets as was seen in the aftermath of the major nuclear incidents. Lastly, I discuss how the public can become better informed on nuclear energy.

Ultimately, the three major nuclear incidents spurred anti-nuclear sentiment, which shut down nuclear plants, …


Whose Community? Market Economics And The Concept Of Solidarity, Paul R. Koch Oct 2020

Whose Community? Market Economics And The Concept Of Solidarity, Paul R. Koch

Faculty Scholarship – Economics

The debate over the relationship between market processes and community values has intensified in recent years, due to the pace of economic change, as well as the respective impacts of the global financial crisis and the pandemic. This essay explores various conceptions of community, raising the question of whether or not a genuine sense of social solidarity requires that those who participate in those interactions live in physical proximity to one another. The implications of this discussion for economic policy are also examined, including the possibility that the composition of what has been historically regarded as “conservative” economics might be …


St. Cloud Area Quarterly Business Report, Vol. 22, No. 3, King Banaian, Richard Macdonald Sep 2020

St. Cloud Area Quarterly Business Report, Vol. 22, No. 3, King Banaian, Richard Macdonald

St. Cloud Area Quarterly Business Report

While some sectors of the local economy continue to be devastated by the COVID-19 pandemic, many area firms are now beginning to recuperate from this spring’s shockwaves. Overall local employment was 3.1 percent lower in July 2020 than it was one year earlier, but this is a clear improvement from what was seen in last quarter’s St. Cloud Area Quarterly Business Report (at which time we reported an 11.5 percent year-over-year decline in area employment). In addition, published job losses in the Twin Cities (and across the state) are considerably worse than what is seen locally. For example, Twin Cities …


The Economics Of Artificial Intelligence: A Primer For Social Studies Educators, Scott Wolla Aug 2020

The Economics Of Artificial Intelligence: A Primer For Social Studies Educators, Scott Wolla

The Councilor: A National Journal of the Social Studies

This paper provides a framework for understanding the economic effects of automation and artificial intelligence (AI). First, it reviews how physical capital interacts with labor in the context of automation and AI. Next, it discusses recent advances in AI and potential economic outcomes such as job market polarization and income inequality. It then describes the role education has played in previous economic transitions and the role it will likely play as technology advances. Finally, the paper identifies key economic concepts and teaching resources that social studies educators can integrate into their instruction to help students understand the economic effects of …


The Effect Of Naloxone Access Laws On The Type Of Referrals And Admin Treatment Settings Of Drug Treatment Centers For Opioid Abuse, Samanta Kolenovic Aug 2020

The Effect Of Naloxone Access Laws On The Type Of Referrals And Admin Treatment Settings Of Drug Treatment Centers For Opioid Abuse, Samanta Kolenovic

Theses and Dissertations

Since 1999, deaths from drug overdose have more than doubled in the U.S. making it one of the leading health problems. This paper examines the impact of passing a naloxone access law on the type of referrals and admin treatment settings of drug treatment centers for opioid abuse.


Essays On Issues In Management And Gender, Priyanka Chakraborty Aug 2020

Essays On Issues In Management And Gender, Priyanka Chakraborty

Economics Theses and Dissertations

This dissertation consists of three empirical essays that focus on the intersection of management, gender issues and education. I am interested in finding policy interventions that promote healthy, efficient and more inclusive workplaces. To do so, I study the micro and behavioral aspects of labor markets using different methodologies. In Chapters 1 and 2, I study two key features in management, namely mentorship and leadership. Both have an economic impact on individual employee outcomes as well as organizational performance. I examine advice giving in mentoring relations in my job market paper and leadership decisions, performance and styles of men and …


Bitcoin: A New Form Of Investment Or Another Traditional Asset?, William Gregg Vi, Thanh Nguyen Aug 2020

Bitcoin: A New Form Of Investment Or Another Traditional Asset?, William Gregg Vi, Thanh Nguyen

University of South Carolina Upstate Student Research Journal

Previous studies have compared Bitcoin to financial assets (bonds and stocks) or commodities (gold, crude oil, and silver) or fiat monies (USD, JPE, etc.) This might cause a problem because Bitcoin is different from those traditional assets due to it being extremely risky, illegal in many places, and not presenting any real cash flows like stocks or bonds. Our paper focuses on comparing Bitcoin with traditional assets of similar risk-return profile such as public small capitalization stocks, OTC stocks, IPO stocks, and junk bonds. We find that Bitcoin experienced the highest return and was not correlated to those assets. That …


Contemporary Investment Strategies And Comparison Applications Of Bitcoin, William Gregg Vi, Thanh Nguyen Aug 2020

Contemporary Investment Strategies And Comparison Applications Of Bitcoin, William Gregg Vi, Thanh Nguyen

University of South Carolina Upstate Student Research Journal

Bitcoin is an effective component to any investor's portfolio. The purpose of this research paper was to study the capabilities Bitcoin has to investors and anyone interested in learning more about cryptocurrencies. What are the strategic applications of Bitcoin and why should it be used over other types of assets? Bitcoin offers diversification capabilities to commodities, equities, bonds, the U.S. dollar, and most stock market indices. It can offer hedging capabilities against the U.S. dollar, Ethereum, stock market indices, and commodity uncertainty. The Financial Times Stock Exchange 100 (FTSE100) is an example of an index that Bitcoin can hedge against. …


Hoop Dreams: An Empirical Analysis Of The Gender Wage Gap In Professional Basketball, Hailey Dicicco Jul 2020

Hoop Dreams: An Empirical Analysis Of The Gender Wage Gap In Professional Basketball, Hailey Dicicco

Business and Economics Summer Fellows

The gender wage gap is a very prominent point of discussion in the professional world, but in the sports world, it has taken the spotlight in recent years. One sport that has seen discussion and debate over salary differences is the National Basketball Association and Women’s National Basketball Association. In 2018, the average salary in the NBA was 6.4 million dollars, while the average salary in the WNBA was 71,635 dollars. A reason why these salaries are so differently is due to the amount of revenue that each league brings in. The NBA brings in roughly 7.4 billion dollars a …


Hoop Dreams: An Empirical Analysis Of The Gender Wage Gap In Professional Basketball, Hailey Dicicco Jul 2020

Hoop Dreams: An Empirical Analysis Of The Gender Wage Gap In Professional Basketball, Hailey Dicicco

Business and Economics Presentations

The gender wage gap is a very prominent point of discussion in the professional world, but in the sports world, it has taken the spotlight in recent years. One sport that has seen discussion and debate over salary differences is the National Basketball Association and Women’s National Basketball Association. In 2018, the average salary in the NBA was 6.4 million dollars, while the average salary in the WNBA was 71,635 dollars. A reason why these salaries are so differently is due to the amount of revenue that each league brings in. The NBA brings in roughly 7.4 billion dollars a …


St. Cloud Area Quarterly Business Report, Vol. 22, No. 2, King Banaian, Richard Macdonald Jun 2020

St. Cloud Area Quarterly Business Report, Vol. 22, No. 2, King Banaian, Richard Macdonald

St. Cloud Area Quarterly Business Report

Events associated with the COVID-19 pandemic have driven the local economy into recession. As has been seen throughout the U.S. (and the world), the temporary closing of many area businesses has caused an economic shock that has torn through the entire economy. Nearly all data measures have turned south as the human toll of the coronavirus has extended beyond deaths and hospitalizations to unemployment, business closures, and uncertainty that spans virtually all sectors of the regional economy. St. Cloud area employment contracted 11.5 percent in April 2020 compared to one year earlier. All sectors of the local economy shed jobs, …


Evaluating College Access Programs: The Emerging Leaders Program Impact On College Enrollment For Hispanic And Immigrant Youth, Juan Zamarripa Jun 2020

Evaluating College Access Programs: The Emerging Leaders Program Impact On College Enrollment For Hispanic And Immigrant Youth, Juan Zamarripa

Stevenson Center for Community and Economic Development—Student Research

The Emerging Leaders Program is a series of workshops targeted at Hispanic and immigrant first-generation students geared towards improving the likelihood they enroll in college. The present study uses different regression techniques and matching algorithms that incorporate propensity scores to estimate the average treatment effect on the treated of the Emerging Leaders Program. This study used participants from the High School Longitudinal Survey of 2009 to create a synthetic control group, Emerging Leaders Program student applications for data on participants, and the National Student Clearinghouse for college enrollment data. The findings indicate that the Emerging Leaders Program increased the probability …


Economics Of Higher Education Productivity, Uchenna K. Oparah Jun 2020

Economics Of Higher Education Productivity, Uchenna K. Oparah

Dissertations, Theses, and Capstone Projects

How does spending affect academic outcomes in higher education institutions? Postsecondary schools incur costs to provide services to its student body. In this study, I introduce multiple outcome variables, a two-stage production function, and current-year expenditures on core services to evaluate how school spending affects academic outcomes.

The empirical analysis includes 28 group sample parameter estimates from four outcome variables, the pooled sample, and group samples for each of six sectors. The fixed effects/instrumental variable (FE-IV) instructional expenditure parameter estimates were positive for 20 of the 28 group samples. The sign and size of the estimated academic output effects varied …


Principles Of Macroeconomics, Ernesto Garcia Iii Jun 2020

Principles Of Macroeconomics, Ernesto Garcia Iii

Open Educational Resources

No abstract provided.


Forgotten: A Study Of The Long-Term Economic Ramifications Suffered By Survivors Of Violence Against Females Sustained During State-Terror Such As Genocides, Natasha Holmark Andersen May 2020

Forgotten: A Study Of The Long-Term Economic Ramifications Suffered By Survivors Of Violence Against Females Sustained During State-Terror Such As Genocides, Natasha Holmark Andersen

Graduate Liberal Studies Theses and Dissertations

In an attempt to answer the question: What are the long-term economic ramifications of sexual violence against females in state terror such as genocide? This paper explores the thematic elements, conducive factors and the effects of the existence of sexual violence in state-terror genocides.

To do this, the paper first explores the elements of terrorism and apply them directly to state terror. The notion that states are immune from the blame of terrorism is acknowledged and debunked, furthering the association between terrorism and acts of state terror. Next, genocide is defined as the most atrocious act of state terror, and …


Shocks To Aggregate Demand And Aggregate Supply In The Midst Of Covid-19, Anna M. Gellerman May 2020

Shocks To Aggregate Demand And Aggregate Supply In The Midst Of Covid-19, Anna M. Gellerman

Publications and Research

COVID-19 sent shockwaves throughout the economy, changing the amounts of goods and services distributed and altering the demand. This article discusses the negative demand shock and adverse supply shock that the U.S. economy faced in 2020, and the policies that the government implemented to reverse these effects.