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Full-Text Articles in Economics

Does Endogamous Marriage Impact Women's Fertility Gaps In India?, Natalya Francis Schafer May 2024

Does Endogamous Marriage Impact Women's Fertility Gaps In India?, Natalya Francis Schafer

Master's Theses

This study aimed to measure the possible impact endogamous (within-family) marriage practices could have on women's fertility gaps in India. Fertility gap in this study is defined as the difference between the ideal number of children a woman desires and the total number of children born to a woman at time of interview. In many developing countries ,such as India, it is common for women to be overachieving their fertility - having more children than desired. Data from the CIA.gov (2024) shows total fertility rates to be highest in developing areas across Sub-Saharan Africa, the Middle East, and India. The …


Economic Anomalies Following The Handover Of Hong Kong, Nathan Martin May 2024

Economic Anomalies Following The Handover Of Hong Kong, Nathan Martin

Economics Undergraduate Honors Theses

This paper seeks to examine and provide a possible explanation for economic anomalies in Hong Kong following its handover to China. Hong Kong was on a 99-year lease to the United Kingdom from China before being handed back over July 1st, 1997. Due to the “one country, two systems” policy espoused in the handover agreement that was to be implemented for fifty years, this event marks a rare natural experiment of a peaceful regime change without a significant change in governance. This paper seeks to understand the impact of the act of regime change on selected key macroeconomic …


Does Meeting Expectations Of Relative Income Improve Well-Being?, Justin Tyler Stevens Jan 2019

Does Meeting Expectations Of Relative Income Improve Well-Being?, Justin Tyler Stevens

Graduate Student Theses, Dissertations, & Professional Papers

In recent years economists began studying subjective well-being thoroughly, and often find a certain set of variables affect subjective well-being. Relative income is one variable which is regularly found to strongly influence subjective well-being in many different settings around the world. This study investigates whether or not meeting one’s expectations for relative income change affects subjective well-being by taking advantage of individual level panel survey data from South Africa. A fixed effects model is used to eliminate unobservable fixed effects and estimate the effect of moving from the ‘met expectations’ category in time period one, to ‘below expectations’ or ‘above …


Four Essays On A Student's Expectation That They Will Complete College, Martin Gray Hunter Jan 2017

Four Essays On A Student's Expectation That They Will Complete College, Martin Gray Hunter

Theses and Dissertations--Economics

It has been common practice in the economics literature to utilize data on observed outcomes and negate what individuals believe or expect will happen in the future. Using responses to a unique set of questions in the 1997 National Longitudinal Survey of Youth (NLSY97) I show that the literature could benefit in several ways by incorporating such data. The leading essay documents a positive association between a student's subjective probabilistic belief that they will complete a four-year college degree and whether or not they attend and complete college. The results indicate the following. First, although overconfident, individuals as young as …


An Experimental Analysis Of Adaptive Learning In A Multi-Subject Economy, David Martin Apr 2015

An Experimental Analysis Of Adaptive Learning In A Multi-Subject Economy, David Martin

Business and Economics Honors Papers

The rational expectations hypothesis (REH) has long served as a foundation in macroeconomic laws of motion. However, the assumptions of REH are likely too powerful to be representative of economic actors. This research evaluates adaptive learning, a developing alternative to rational expectations, using a multi-agent macroeconomic prediction “game.” Data was gathered from a group of students, each predicting the outcome of a single economy over time. Each agent was asked to forecast output (GDP) and inflation in each period based on historic levels of output, inflation, and interest rates. These data were then analyzed under various theoretical models of adaptive …