Economics Commons^™

Can Price Controls Be Optimal? The Economics Of The Energy Shock In Germany, Tom Krebs, Isabella M. Weber

Economics Department Working Paper Series

In the wake of the global energy crisis, many European countries used energy price controls to fight inflation and to stabilize the economy. Despite its wide adoption, many economists remained skepti- cal. In this paper, we argue that price controls should be part of the policy toolbox to respond to shocks to systemically important sectors because not using them can have large economic and polit- ical costs. We put forward our arguments in two steps. In a first step, we analyze the impact on the German economy and society of the global energy crisis that followed Russia’s attack on Ukraine …

The Economics Of Information And Communication Technologies In Our Society, Augusto Espin

Doctoral Dissertations

Information and Communication Technologies (ICTs) play a fundamental role in today's society. As ICTs they become more mature and widely adopted, societies become more dependent on their use to operationalize daily activities. However, there are multiple societal impacts of ICTs that are not yet well understood. In this dissertation, I explore three different aspects of ICTs that have been widely discussed by media and industry during recent years. I analyze these topics from an economic perspective, contributing to the debate with rigorous modeling and the ensuing discussion of its implications. First, I study the impact that the COVID-19 pandemic had …

Environmental Justice And Carbon Pricing: Can They Be Reconciled?, James K. Boyce, Michael Ash, Brent Ranalli

ETI Publications

Carbon pricing has been criticized by environmental justice advocates on the grounds that it fails to reduce emissions significantly, fails to reduce the disproportionate impacts of hazardous co-pollutants on people of color and low-income communities, hits low-income households harder than wealthier households, and commodifies nature. Designing carbon pricing policy to address these concerns can yield outcomes that are both more effective and more equitable.

Unequal Gradients: Sex, Skin Tone, And Intergenerational Economic Mobility, Luis Monroy-Gómez-Franco, Roberto Vélez-Grajales, Gastón Yalonetzky

Economics Department Working Paper Series

We study how the intersection between skin tone and sex shapes intergenerational mobility of economic resources in Mexico. Using two recent social mobility surveys, we estimate the rank persistence and transition matrices by sex combined with skin tone groups. First, we find no differences in intergenerational mobility patterns between light-skin men and women. Second, the colorist mobility pattern observed in previous literature affects men and women differently. Namely, while women of intermediate and dark-skin tonalities have a lower expected rank than their light-skin peers, only men of the darkest tonalities suffer from the same penalization. Thirdly, women of intermediate and …

Three Essays On Public Policy And Welfare In Developing Countries, Alvaro Jeronimo Callejas

Doctoral Dissertations

Developing countries typically implement public policies that modify the market structure to reach a specific goal. However, in this attempt to achieve a policy objective, policymakers may not consider unintended consequences caused by firms' and consumers' optimizing behavior. Moreover, the reaction of market agents to the implemented policy may undermind its effectiveness or lead to an outcome opposite to the one persuaded. This dissertation uses a set of structural models to assess the welfare effect of both intended and unintended consequences of public policies introduced in developing countries. In the first chapter, we evaluate the welfare implications of a public …

Data-Driven Decarbonization Of Residential Heating Systems: An Equity Perspective., John Wamburu, Emma Grazier, David Irwin, Christine Crago, Prashant Shenoy

Publications

Since heating buildings using natural gas, propane and oil makes up a significant proportion of the aggregate carbon emissions every year, there is a strong interest in decarbonizing residential heating systems using new technologies such as electric heat pumps. In this poster, we conduct a data-driven optimization study to analyze the potential of replacing gas heating with electric heat pumps to reduce carbon emissions in a city-wide distribution grid. We seek to not only reduce the carbon footprint of residential heating, but also show how to do so equitably. Our results show that lower income homes have an energy usage …

The State-Constituted Market Economy: A Conceptual Framework For China’S State–Market Relations, Isabella Weber, Hao Qi

Economics Department Working Paper Series

Scholars increasingly conclude that China has created a distinct economic system. Yet despite a growing literature with valuable contributions on the institutional arrangements under ‘capitalism with Chinese characteristics’, the economic mechanisms underpinning China’s state–market relations remain undertheorised. In this paper we develop a conceptual framework of what we call China’s state-constituted market economy. We argue that the Chinese state ‘constitutes’ the market economy by not only creating new markets through industrial and innovation policies, but by continuously participating and steering markets for essentials in order to stabilise and guide the economy as a whole. Essential is thereby defined as ‘systemically …

Complexity, Diversity And Integration: Evidence From Recent Us Immigration, Noé Wiener

Economics Department Working Paper Series

This article proposes alternative measures of immigrant integration founded in information theory. By considering differences in the heterogeneity of outcomes between immigrants and natives, the proposed measures provide robust and non-parametric estimates of the extent to which cohorts remain defined by their national origin. Integration is furthermore premised on equality in the association between economic characteristics and incomes, so that other factors can begin to shape outcomes for im-migrants and natives alike. Results for successive immigrant cohorts in the post-war era are presented using Census income data for the United States. The speed by which the mark of migration on …

An Empirical Investigation Of Real Farm Incomes Across Indian States Between 1987-88 And 2011-12, Deepankar Basu, Kartik Misra

Economics Department Working Paper Series

Using unit-level data from various rounds of the Employment and Unemployment Survey of the National Sample Survey Organisation, we present the first consistent time series of average real farm income per cultivator for 18 major Indian states for 1987-88, 1993-94, 1999-00, 2004-05, 2007-08, 2009-10, and 2011-12. Using this data, we study two sets of issues. First, how did real farm income evolve across these 18 Indian states? Which states have high levels and growth rates of real farm incomes? Is there any evidence for convergence of real farm incomes across Indian states? We find evidence for unconditional convergence, which suggests …

A Perspective On Equity Implications Of Net Zero Energy Systems, Erin Baker, Inês Ml Azevedo

Publications

We present examples of energy inequity, in both the current system and in potential net zero systems, and lay out some research needs in order to center equity in the study of net zero energy systems.

•Our current energy systems are inequitable across several dimensions.

•We must recognize and address barriers to a just and equitable net zero energy system.

•We highlight inequities in energy burden and energy insecurity; health consequences of the energy system; and decision making power.

•There is a need to define, quantify, and explicitly model equity outcomes in net zero systems.

•There is a need to …

Three Essays On Uncertainty In Social Dilemmas, Abdul Kidwai

Doctoral Dissertations

Social dilemmas are settings where the interest of the individual is at odds with those of society i.e. overharvesting in a fishery, not contributing to a public good. These dilemmas are widespread and take myriad forms with public goods and common-pool resources being the most prominent ones. The purpose of this dissertation is to examine how individual behavior is impacted by the presence of uncertainty in public goods and common-pool resources. These dilemmas exhibit two types of uncertainty, strategic and environmental. Strategic uncertainty refers to uncertainty about the actions of other individuals facing the dilemma i.e. will other individuals contribute …

The Role Of Social Class And Construal Level In Social Justice And Fairness Beliefs, Prerana Bharadwaj

Doctoral Dissertations

What predicts support for the redistribution of resources to improve socioeconomic inequality? Social class, or the subjective perception of one’s resources and position in relation to others in a larger society, was examined as one relevant characteristic. Across four experiments, social class as subjective social status was manipulated (two) and measured (all four), and found to have a significant negative effect on support for the moral values of group-based equality (social justice) but not on individual deservingness (fairness) separate from political identity and other demographic characteristics. This effect was seen on stated principles but particularly relevant in approval ratings of …

Employment And Family Leave Mandates: Three Essays On Labor Supply And Demand, Nontraditional Families, And Family Policy, Samantha Schenck

Doctoral Dissertations

Many American families have a difficult time balancing their obligations at work with their responsibilities at home. This is especially the case when a member of the family needs an increased level of care giving, for instance after the birth of a child or when a family member is seriously ill. Governments around the world have passed legislation to make these difficult times easier for workers by mandating that employers provide paid family leave to their employees. However the US federal government mandates only 12 weeks of job-protected leave through the Family and Medical Leave Act of 1993, which only …

Essays On Household Health Expenditures, National Health Insurance And Universal Access To Health Care In Ghana, Evelyn Kwakye

Doctoral Dissertations

Access to quality health services is essential for maintaining a healthy population and economic development hence the growing global consensus that universal health coverage is necessary. Ghana attempts to expand access by making basic health services free at the point of delivery through its National Health Insurance Scheme (NHIS). Prior studies indicate NHIS increases demand for health services, but questions remain about its impact on out of pocket payments, quality of services, and the financial viability of the program. Hence, this dissertation analyzes the financial risk in health care seeking, the effect of NHIS on out of pocket payments and …

Social Hierarchies And Public Distribution Of Food In Rural India, Deepankar Basu, Debarshi Das

Deepankar Basu

In this paper, we develop a simple model that shows that consumption of PDS food grains is significantly different between rich and poor households in states where the PDS functions relatively well; in places where the PDS is non-functional, the difference is not significant. Using household-level data from three recent thick rounds of the consumption expenditure survey (2004-2005, 2009-2010 and 2011-2012), we find evidence in support of the predictions from the model. This suggests that one way to make the PDS functional is to make it more accessible to poor and underprivileged households.

Syllabus: Introduction To Permaculture, Lisa Depiano

Sustainability Education Resources

The Permaculture Design Course is a three-credit course that offers students a foundation in permaculture history, ethics, principles, design process, and practical applications. The framework behind the theory and practice of permaculture is rooted in the observation of natural systems. By observing key ecological relationships, we can mimic and apply these beneficial relationships in the design of systems that serve humans while helping to restore the natural world. This course trains students as critical thinkers, observers, and analysts of the world(s) around them, and then goes on to provide students with the tools needed to design for inspired and positive …

Interpreting, Stephanie Jo Kent

Doctoral Dissertations

What do community interpreting for the Deaf in western societies, conference interpreting for the European Parliament, and language brokering in international management have in common? Academic research and professional training have historically emphasized the linguistic and cognitive challenges of interpreting, neglecting or ignoring the social aspects that structure communication. All forms of interpreting are inherently social; they involve relationships among at least three people and two languages. The contexts explored here, American Sign Language/English interpreting and spoken language interpreting within the European Parliament, show that simultaneous interpreting involves attitudes, norms and values about intercultural communication that overemphasize information and discount …

Investigating The Ability Of Pro-Social Emotions To Enhance Cooperative Behavior, Lucía A. Vergara Sobarzo

Masters Theses 1911 - February 2014

This research investigates the use of pro-social emotions to improve cooperation. In particular, it tries to reconcile the results from Noussair and Tucker (2007) and Lopez et al. (2010). To reach this goal the experiment considers different degrees of revelation: no revelation, partial and full disclosure of information. Additionally, I use different microeconometric specifications to accommodate different hypothesis about the motivation of the subjects.

My results diverge from those of Lopez et al. because I find that revealing the decision of a single subject at random does not significantly increase cooperation, which is the main result of these authors. Also, …

Three Essays On Conflict And Cooperation, Sungha Hwang

Open Access Dissertations

Conflict theory has in recent years found important applications and made contributions in fields such as economics, political sciences and evolutionary biology. Economists have examined various aspects and implications of appropriation, a typical example of conflicting economic interests, in rent-seeking models. Political scientists, focusing on political turmoil such as war, civil war and demonstration, have scrutinized the effects of conflictual outcomes on political transitions and political systems. More importantly, early human lethal conflict is being recognized as a key factor in explaining human cooperation in evolutionary biology. The first essay concerns the technical aspects of conflict theories. Two well-known forms …

Connecticut River Economic Adjustment Project, Umass Amherst Center Economic Development

Center for Economic Development Technical Reports

The purpose of this study was to inventory various environmental and economic criteria for the region. In the second phase the data was analyzed for implications for development potential. In phase three the Net Available Land Analysis methodology will be allied on the town level to two towns that meet one or more of the three Economic Development Administration criteria. The region chosen was Enfield, Connecticut and Holyoke, Massachusetts.

Economic Development And Planning Report, Umass Amherst Center Economic Development

Center for Economic Development Technical Reports

This report identifies the planning and economic development needs of the tristate region between the Blackstone River Valley and Quinebaug-Shetucket Rivers Valley National Heritage Corridors in Massachusetts, Connecticut and Rhode Island.

The Economic Impact Of Housing Investment Through The Community Preservation Act In Boston, Umass Amherst Center Economic Development

Center for Economic Development Technical Reports

This report attempts to look at the need for affordable housing and economic impacts of housing in the city of Boston, Massachusetts. Its premise is that the economic impact of housing is significant and involves a multitude of factors, from the monetary effects of the construction process to the impact of personal income on the local economy.

Open Spaces And Recreation Plan: Berkley, Umass Amherst Center Economic Development

Center for Economic Development Technical Reports

The goal of this report was to preserve the country character of Berkley, Massachusetts; to protect the precious resources of air, water, soil and habitats; and to provide the public access to the rivers, forests and fields.

A View To A Mountain, Umass Amherst Center Economic Development

Center for Economic Development Technical Reports

The purpose of this report was to examine the feasibility of submerging the overhead utilities that run along downtown streets, Main, Union, and Cottage, in the City of Easthampton, Massachusetts. To achieve this purpose, our team investigated the steps involved with submerging utilities and how the City of Easthampton might go through this process.

Erving Usher Plant Revitalization, Umass Amherst Center Economic Development

Center for Economic Development Technical Reports

The purpose of this report was to make a plan to revitalize the Usher Plant in Erving, Massachusetts. The potential uses for the space are secondary to the question of structural integrity and extent of environmental contamination. The report raises these issues and gives some recommendations on how to proceed towards a resolution.

Lynn Telecom Studio Report, Umass Amherst Center Economic Development

Center for Economic Development Technical Reports

This report was put together to assess current economic and demographic conditions of Lynn, Massachusetts, and identify Lynn’s telecommunications infrastructure. The report also surveyed business’s stock in Lynn, while proposing recommendations for using telecommunications for economic development. Finally, the report wraps up by using the city of Lynn as a case study for other communities.

Economic Development Of Erving, Massachusetts, Umass Amherst Center Economic Development

Center for Economic Development Technical Reports

This report presents information on Erving, Massachusetts’ economy and main economic development issues. It begins with an analysis of demographic, labor, and employment statistics, then discusses some key issues that pose challenges to and provide opportunities for future development. It concludes with recommendations for taking action to address challenges and to seize opportunities.

Town Of Amesbury, Umass Amherst Center Economic Development

Center for Economic Development Technical Reports

This report explored the town of Amesbury, Massachusetts. Amesbury’s municipal government was supported by diverse citizen groups and business organizations. The town was a suburban community with abundant natural resources and a delightful village core.

Town Of Boxford, Umass Amherst Center Economic Development

Center for Economic Development Technical Reports

This report explores the town of Boxford, Massachusetts. Boxford is a unique rural community in the Merrimack Valley and the Boston metropolitan area. It has no traffic lights, sidewalks or signs, and very few streetlights, or commercial or industrial activity. Because of its 50-year old 2-acre zoning and close proximity to Boston, which contribute to its high housing costs, this community is out of reach for most Massachusetts residents.

Town Of Lawrence, Umass Amherst Center Economic Development

Center for Economic Development Technical Reports

This report takes a look at the town of Lawrence, Massachusetts. Lawrence, originally a rural farming town, was transformed into a major industrial center when Boston Entrepreneurs developed huge textile mills on the Merrimack River to use the power of its water falls. The mill owners built canals, a dam and reservoir, boarding houses and a machine shop for locomotives, creating one of the first industrial complexes in the country.