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Full-Text Articles in Economics

Innovation, Markets, And Evolution, Mitch Green Jun 2010

Innovation, Markets, And Evolution, Mitch Green

Economics Undergraduate Honors Theses

This paper approaches innovation from an evolutionary perspective. Literature spanning a broad range of traditions in economics is considered, to include Institutionalist, Schumpeterian, post-Keynesian, and growth theorists. Key systemic changes are examined in the context of prevailing technological and social institutions. It is argued that expectation-fixing effects such as path-dependence in investment and innovation provide structure to a social network of market institutions that seek to validate money contracts. The institution of money is considered as a center of power in the system and affects the course of innovation. Money as the unit of account becomes the object of …


Thirlwall's Law And Krugman's 45-Degree Rule: Mathematically Identical, Mutually Exclusive, Karl Garbacik Jun 2010

Thirlwall's Law And Krugman's 45-Degree Rule: Mathematically Identical, Mutually Exclusive, Karl Garbacik

Economics Undergraduate Honors Theses

Thirlwall's Law and the 45-degree rule, originally formulated by Krugman, are radically different interpretations of the same statistical regularity. This statistical regularity is that a country's long-run growth rate will approximate to the ratio of that country's export growth to its import elasticity of demand. Thirlwall's Law falls under a Post-Keynesian framework which is primarily a demand-side model. The 45-degree rule relies on a supply-side interpretation, a result of its neoclassical origins. This thesis seeks to answer two questions. The first is, are the members of the Post-Keynesian and neoclassical communities working on each of these theories aware of the …


Alexander Hamilton And The National Bank., Bradley Todd Dimmitt May 2010

Alexander Hamilton And The National Bank., Bradley Todd Dimmitt

Electronic Theses and Dissertations

The purpose of this manuscript is to explain Alexander Hamilton's idea that a national bank was essential for America's survival. Three key ingredients, clarified through the use of letters and documents, are used to understand the importance of Hamilton's objective: 1) Hamilton's relationship with George Washington, discussed in chapter one; 2) James Madison's and Thomas Jefferson's arguments against Hamilton's ideas, discussed in chapters two and three; and 3) Hamilton's proposal for the bank and his opinion in favor of its constitutionality, including the idea that the necessary and proper clause expands the authority of government, discussed in chapter four.

The …


An Economic Analysis Of Criminal Sentencing In Nineteenth Century Illinois, Kimberly Mattison May 2010

An Economic Analysis Of Criminal Sentencing In Nineteenth Century Illinois, Kimberly Mattison

All Theses

Using an econometric model, this paper examines the effect a criminal's alcohol usage may have played in sentence length in nineteenth century Illinois. With the prevalence of the temperance movement, did jurors' feelings about alcohol usage influence the sentencing of criminals? This paper also seeks to identify other extra-legal factors affecting Illinois sentencing. My thesis begins by explaining the historical context of both the Illinois criminal system and the temperance movement during the nineteenth century. The next section explains the data and relevant summary statistics. The driving theory and empirical issues that arise follow. Finally, the determinant factors in sentencing …


History Of The International Monetary System And Its Potential Reformulation, Catherine Ardra Karczmarczyk May 2010

History Of The International Monetary System And Its Potential Reformulation, Catherine Ardra Karczmarczyk

Chancellor’s Honors Program Projects

No abstract provided.


Do Ct Scans Help Prevent Cancer-Related Deaths?, Auyon J. Ghosh May 2010

Do Ct Scans Help Prevent Cancer-Related Deaths?, Auyon J. Ghosh

Honors Capstone Projects - All

This paper uses a region-level estimation approach associated with medical procedures to identify the effectiveness of X-ray Computed Axial Tomography (CT) scans as a diagnostic tool in preventing cancer-related deaths. In order to measure the effects of the CT scan on cancer-related deaths, I use data from both the National Health Interview Survey and the Vital Statistics of the United States. For all four regions, we observe an increase in CT scan use after 1979 or, as illustrated specifically in the figure, from 1975 to 1980. All four regions exhibit marked increases in lung cancer-related deaths, very little fluctuation in …


America In Recovery: Tracking And Analyzing The Obama Stimulus During 2009, Gregory Cassel May 2010

America In Recovery: Tracking And Analyzing The Obama Stimulus During 2009, Gregory Cassel

Honors Capstone Projects - All

This paper tracks and analyzes the American Recovery and Reinvestment Act (ARRA) of 2009, better known as the Obama stimulus plan during the 2009 year. As one of the most expensive public policies in history, the ARRA was designed to turn around an ailing economy by creating and preserving jobs, investing in key areas, providing relief to States and individuals, and tax cuts. Thus, it is important and useful to track the policy in order to see if it is doing what it is supposed to. Using federal agency Financial and Activity Reports, I create detailed graphs showing where the …


Determinants Of Housing Prices In Pittsylvania County, Jason Hall Mar 2010

Determinants Of Housing Prices In Pittsylvania County, Jason Hall

Undergraduate Theses and Capstone Projects

The purpose of this research is to determine the implicit factors influencing housing prices in Pittsylvania County, a rural county in Southside Virginia. Currently in Pittsylvania County there is a debate over whether or not to mine what is believed to be the largest deposit of uranium in the United States, containing approximately 119 million pounds of uranium ore at an estimated value of $7 billion to $10 billion. The Virginia Coal and Energy Commission issued its final approval for the National Academy of Sciences to study the debate from a socio-economic standpoint. The $1.2 million study is currently taking …


"To Learn The Trade Of A Potter": Apprenticeship, Emulation, And Deviance In The Wachovian Tradition, Jessica Lauren Taylor Jan 2010

"To Learn The Trade Of A Potter": Apprenticeship, Emulation, And Deviance In The Wachovian Tradition, Jessica Lauren Taylor

Dissertations, Theses, and Masters Projects

No abstract provided.


Woman's Work: Female Lighthouse Keepers In The Early Republic, 1820–1859, Virginia Neal Thomas Jan 2010

Woman's Work: Female Lighthouse Keepers In The Early Republic, 1820–1859, Virginia Neal Thomas

History Theses & Dissertations

During the Early Republic between 1820 and 1859, women, on average, comprised about five percent of the principal lighthouse keepers in the United States. These women represent a unique exception to the experience of the majority of working women during the Early Republic. They received equal pay to men, and some supervised lower-paid male assistants. They filled these predominately male positions because lighthouse work had much in common with stereotypical woman's work, they were most often related to the previous keeper, and they fit within cultural ideals of gender roles. Inquiry beyond the romantic image crafted for these light keepers …


What Happens When Uganda Is Sapped! : Have Uganda's Structural Adjustment Policies Increased Women's Poverty?, Talin Saroukhanian Jan 2010

What Happens When Uganda Is Sapped! : Have Uganda's Structural Adjustment Policies Increased Women's Poverty?, Talin Saroukhanian

Legacy Theses & Dissertations (2009 - 2024)

Have the World Bank's policy-based loans exacerbated or reduced poverty in