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Social and Behavioral Sciences Commons™
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Articles 1 - 2 of 2
Full-Text Articles in Social and Behavioral Sciences
An Understanding Of Prisons, Race, And Class In The United States, Seth Ketchum
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.
Bubbles & Bought-Ins: Reevaluating Price Movements In The Art Market, Silas Wuerth
Bubbles & Bought-Ins: Reevaluating Price Movements In The Art Market, Silas Wuerth
Honors Projects
Employs two tests for bubbles in the art market. First, a right-hand forward recursive augmented Dickey-Fuller test to identify explosive price movements. Second, a test for the statistical significance of hedonic regression price index coefficients after controlling for equity market performance. Finds strong evidence for a speculative bubble in the pre-Great Recession "Post-War & Contemporary" market. Evidence for this bubble diminishes but does not dissipate after accounting for the effect of failed sales on index returns.