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2017

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Full-Text Articles in Economics

College As Capability Enhancement, Cristina Lee Dec 2017

College As Capability Enhancement, Cristina Lee

CMC Senior Theses

In this thesis I wanted to apply the Sen’s framework in Development as Freedom to college campuses. In my experience at Claremont McKenna College, I have seen how some students are able to take advantage of the resources better than others. Given that we were all accepted by the same admissions office, I always questioned why did some students know how to take advantage of the system. In order to explore this, I first discuss Sen’s capability approach. Then, I show how the capability approach is more comprehensive than social networking theory and William Deresiewicz’s account on elite colleges. Finally, …


The Effect Of Changes In Racial Composition On Housing Prices: A Study Of The Most Diverse Place In The World, Youseph Anwar Dec 2017

The Effect Of Changes In Racial Composition On Housing Prices: A Study Of The Most Diverse Place In The World, Youseph Anwar

Theses and Dissertations

This study attempts to illustrate that increases in minority residents may lead to decreases in housing prices. I observe the effects of changes in racial composition on housing prices in Queens, NY from 2011-2015. The following econometric tools are implemented: a fixed effects model, quantile, hedonic, and OLS regressions.


Of Rats And Men, Thomas S. Walsh Dec 2017

Of Rats And Men, Thomas S. Walsh

Capstones

This capstone is a data-driven investigation into New York City's rat problem. By using publicly available government data to map rat activity in NYC, I identified several socio-economic variables that correlate with rat populations at the community district, borough, and city-scale. I used these findings (mainly that rat problems are linked to lower incomes) as the basis of an investigation, which includes interviews with residents, experts, and city officials. Prof. Bobby Corrigan, urban rodentologist and formerly with the NYC Department of Health criticizes the city's efforts for the first time on the record.

https://thomasseiyawalsh.wixsite.com/ratstone


In Brownsville, A Struggle For Revitalization Without Displacement, Katherine Warren Dec 2017

In Brownsville, A Struggle For Revitalization Without Displacement, Katherine Warren

Capstones

As many parts of Brooklyn buzz with a startling rate of economic resurgence, Brownsville seems like a neighborhood left behind.

Struggling with poverty, poor health statistics, unemployment and high crime rates, and with the highest concentration of public housing in the city, it has not seen the same commercial and real estate revival as Williamsburg, Bushwick, Crown Heights and other areas of Brooklyn.

“In Brownsville, which has had challenges battling negative perceptions of this community, most of the residents are lower income and investors in the past have deemed this community as not being as good as an investment as …


Strengthening The M&E System Of Peace Corps Colombia, Samuel Burke Dec 2017

Strengthening The M&E System Of Peace Corps Colombia, Samuel Burke

Capstone Collection

In 1961, when the Peace Corps was established, Colombia was the first country chosen to receive volunteers. The program ran for 20 years, with volunteers working all over the country in various sectors. Then in 1981, due to the increasing violence from the guerilla civil war, the US government decided to withdraw the volunteers and suspend the Colombia program. After a 29-year hiatus, at the request of the Colombian government, the Peace Corps was invited back to Colombia in 2010.

The Peace Corps Colombia post currently has two programs, Practical English for Success (PES), established first; and, Community Economic Development …


Essays In Behavioral Economics, Jing Li Dec 2017

Essays In Behavioral Economics, Jing Li

Doctoral Dissertations

In chapter one, I propose a model consolidating the norm- and preferences-based approaches to explain laboratory bargaining outcomes. Social norms are identified by the axioms of cooperative bargaining theory, and other-regarding preferences are captured using Fehr and Schmidt's inequity aversion utility function. The model applies to bargaining situations where other-regarding agents abide by social norms in their decision-making. Preferences and norms interact to determine bargaining outcomes, and their interaction undermines the recoverability of the other-regarding preference parameters based on observations from the lab.

In chapter two, I employ a lab experiment to study whether men receive lucrative tasks more often …


The Impact Of Culture On Hispanic Entrepreneurs As Mediated By Motivation, Challenge, And Success, Valerie V. Ballesteros Dec 2017

The Impact Of Culture On Hispanic Entrepreneurs As Mediated By Motivation, Challenge, And Success, Valerie V. Ballesteros

Theses & Dissertations

In the modern economic environment, demographic shifts in U.S. population resulting from changing immigration, changing economic policies and environments, and growing socioeconomic disparity, scholarly research examining the business behavior of specific groups and the impact of behavior on the broader marketplace is valuable and necessary. Hispanic entrepreneurs, when compared to both minority and non-minority business-owners, started and flourished in successful business ownership at a greater growth rate than any other group (Davila, Mora, & Zeitlin, 2014). Since the beginning of the 21st century, Hispanic entrepreneurs have become a measurable economic force. The cultural experience of the Hispanic entrepreneur is important …


Bank Lending Channel And Changing Credit Standards In The Residential Mortgage Market, Salman Tahsin Dec 2017

Bank Lending Channel And Changing Credit Standards In The Residential Mortgage Market, Salman Tahsin

Graduate Theses and Dissertations

My dissertation examines the relationship between bank conditions and the residential mortgage market. The first essay investigates the effect of bank distress on the residential mortgage market during the 2007-09 financial crisis. We use the county-aggregated change in the ratio of jumbo to nonjumbo mortgage acceptance rate as an instrumental variable to control for endogeneity between bank distress and county economic conditions. The median decrease in the instrumental variable explains an additional 1.5 percentage point decline in county home prices and a 20 basis point rise in the county unemployment rate, which represent 15% and 5%, respectively, of their median …


Automation, Work, And Ideology: The Next Industrial Revolution And The Transformation Of "Labor", Anthony Jack Knowles Ii Dec 2017

Automation, Work, And Ideology: The Next Industrial Revolution And The Transformation Of "Labor", Anthony Jack Knowles Ii

Masters Theses

Over the last several decades, scholars and commentators from a variety of different fields, expertise, and ideological positions have written on automation technologies and their potential to cause technological unemployment. As a sociological analysis and critical examination of how experts ideologically frame these issues, this thesis demonstrates that ideology plays a crucial role in the revived debate over automation and technological displacement. Weberian ideal types are developed to demonstrate how three major ideological positions—liberal, conservative, and radical—approach and frame the link between automation, technological displacement, and the potential for technological unemployment. The qualitative tools of ideal type construction and theme …


Performance Evaluation And Risk Management: Time Series Bootstrap Analysis Of The Mutual Funds And Banking Sectors, Lifa Huang Dec 2017

Performance Evaluation And Risk Management: Time Series Bootstrap Analysis Of The Mutual Funds And Banking Sectors, Lifa Huang

Graduate Theses and Dissertations

The Financial Services Modernization Act of 1999, also known as the Gramm–Leach–Bliley Act (“Act”), repealed a regulatory proscription in the Glass–Steagall Act of 1933 that prohibited commercial bank holding companies (BHCs) from underwriting most bonds, equities, and insurance policies. After the passage of the Act in November 1999, BHCs that converted to financial holding companies (FHCs) were allowed to engage in securities underwriting without restrictions. The first paper examines whether the removal of barriers to securities underwriting had an adverse impact on the overall stability of the financial sector, and thereby, contributed indirectly to the financial crisis of 2008. The …


Regulation And Energy Poverty In The United States, Michael C. Jensen Dec 2017

Regulation And Energy Poverty In The United States, Michael C. Jensen

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Energy poverty is a topic often neglected in the discussion about global climate change. Apocalyptic prophecies about the negative future effects of climate change ignore the suffering of people around the globe whose lives could be drastically improved with access to reliable sources of energy. Though energy poverty from a global perspective is much more serious than energy poverty from a domestic perspective, high home energy bills are a serious cause for concern for many Americans.

This research examines the relationship between regulation, the prices of electricity and natural gas, and the household energy burden, which is the ratio of …


Education And Health Impacts Of An Affirmative Action Policy On Minorities In India, Robin Dhakal Nov 2017

Education And Health Impacts Of An Affirmative Action Policy On Minorities In India, Robin Dhakal

USF Tampa Graduate Theses and Dissertations

Article 334 of the Constitution of India (1950) stipulates that certain electoral districts in each state should be reserved for minority groups, namely the “Scheduled Caste”(SC) and the Scheduled Tribe”(ST), through the reservation of seats in the states' legislative assemblies. Even though the original article stated that the reservation policy would be in place for just twenty years, it has been amended several times and is still in effect. This dissertation examines the impact of the policy on the education and health outcomes of the SC population. Variations in seat quotas are generated by the timing of elections in different …


Statistical Modelling, Optimal Strategies And Decisions In Two-Period Economies, Jiang Wu Nov 2017

Statistical Modelling, Optimal Strategies And Decisions In Two-Period Economies, Jiang Wu

Electronic Thesis and Dissertation Repository

Motivated by some real problems, our thesis puts forward two general two-period pricing models and explore optimal buying and selling strategies in two states of the two-period decision, when buyer/seller's decisions in the two periods are uncertain: commodity valuations may or may not be independent, may or may not follow the same distribution, be heavily or just lightly influenced by exogenous economic conditions, and so on. For both the example of buying laptops and the example of selling houses, the connections between each example and the two-envelope paradox encourage us to explore optimal strategies based on the works of McDonnell …


Negative Impacts Of Illegal, Unreported And Unregulated Fishing Perpetrated By Mozambican Fishers, Catarina Maria Arminda Elias Vasco Nov 2017

Negative Impacts Of Illegal, Unreported And Unregulated Fishing Perpetrated By Mozambican Fishers, Catarina Maria Arminda Elias Vasco

World Maritime University Dissertations

No abstract provided.


The Potential Of Vizhinjam Port As A Regional Hub: A Network Analysis : A Feasibility Analysis From A Network Perspective, Pratichi Rajan Mallick Nov 2017

The Potential Of Vizhinjam Port As A Regional Hub: A Network Analysis : A Feasibility Analysis From A Network Perspective, Pratichi Rajan Mallick

World Maritime University Dissertations

No abstract provided.


Circular Economy Modelling To Accelerate The Transition Of Ports Into Self-Sustainable Ports: A Case Study In Copenhagen-Malmö Port (Cmp), Reza Karimpour Nov 2017

Circular Economy Modelling To Accelerate The Transition Of Ports Into Self-Sustainable Ports: A Case Study In Copenhagen-Malmö Port (Cmp), Reza Karimpour

World Maritime University Dissertations

No abstract provided.


Three Essays On The Theory Of Environmental Regulation: Hybrid Price And Quantity Policies And Regulation In The Presence Of Co-Pollutants, Insung Son Nov 2017

Three Essays On The Theory Of Environmental Regulation: Hybrid Price And Quantity Policies And Regulation In The Presence Of Co-Pollutants, Insung Son

Doctoral Dissertations

This dissertation contains three original essays in the economic theory of environmental regulation. The main motivations for this work are two problems: the design of greenhouse gas (GHG) policies when emissions of these gases interact with so-called co-pollutants and the design of hybrid price and quantity policies to deal with the uncertainty in the benefits and costs of controlling GHG emissions. Abstract Concerns about how best to control GHGs have generated intense interest in the co-benefits and adverse side-effects of climate policies. Efforts to reduce CO2 emissions can reduce emissions of flow pollutants that are emitted along with CO …


Game Theory For Security Investments In Cyber And Supply Chain Networks, Shivani Shukla Nov 2017

Game Theory For Security Investments In Cyber And Supply Chain Networks, Shivani Shukla

Doctoral Dissertations

In a constantly and intricately connected world that is going digital, cybersecurity is imperative to not just the success but also the survival of a business. The ubiquitous digital transformation is fueled by a convulsive growth of devices and data that are leading important innovations in the domain of cyber-physical systems. However, this growth has also enabled internal and external threats to skyrocket, depicting the inherent dichotomy. With an evolving threat landscape, a perpetrator has to be successful once, while the defenders have to continually succeed in fending-off attacks to protect critical infrastructure and digital assets. Businesses are facing a …


Three Essays On Defending Common-Pool Resources, Lawrence Geest Nov 2017

Three Essays On Defending Common-Pool Resources, Lawrence Geest

Doctoral Dissertations

% !TEX root = ../degeest2017dissertation.tex Environmental protection often relies on cooperation between individuals in uncoordinated groups. In cases such as the management of common-pool resources, individuals must not only monitor and enforce behavior within their group to prevent over-exploitation. They must also contend with external threats on the resource like poaching. This dissertation studies how individuals cooperate to manage shared resources and deter shared threats. The first chapter, "Deterring poaching of a common-pool resource", considers the problem of deterring a threat that cannot be perfectly observed. I present results from common pool resource experiments designed to examine the ability of …


Currency Mismatch And Balance Sheet Effects Of Exchange Rate In Turkish Non-Financial Corporations, Serkan Demirkilic Nov 2017

Currency Mismatch And Balance Sheet Effects Of Exchange Rate In Turkish Non-Financial Corporations, Serkan Demirkilic

Doctoral Dissertations

Until the East Asian Crisis of 1990s, literature exclusively focused on the assumed expansionary competitiveness channel of deprecation in the domestic currency. The East Asian and Latin American Crisis of 1990s proved that depreciation in the domestic currency caused fragilities through the deterioration in firms’ balance sheet net- worth. Many have argued that excessive reliance on short-term debt and un-hedged foreign currency borrowings of firms were responsible of fragilities, and resulting poor performances of firms in these countries. The latter body of the literature introduced the contractionary balance sheet effects of foreign currency indebtedness through depreciation, and argued that if …


Three Essays On “Doing Care”, Gender Differences In The Work Day, And Women’S Care Work In The Household, Avanti Mukherjee Nov 2017

Three Essays On “Doing Care”, Gender Differences In The Work Day, And Women’S Care Work In The Household, Avanti Mukherjee

Doctoral Dissertations

This dissertation provides a theoretical perspective on why women’s responsibility for care work lengthens their workday relative to men due to subsistence requirements, and draws attention to the relevance of other female family members. Building from theories of institutional bargaining research insights from “doing gender”, I develop a theoretical perspective on “doing care” that considers both bargaining power and social norms as determinants of differences in time allocation across and within gender. Conventional bargaining models predict that women who earn incomes can substitute hours of paid work for unpaid work. Using qualitative field work from India, and my theory of …


Evaluating Municipal Solid Waste Tax Policies In California, David Lehman Nov 2017

Evaluating Municipal Solid Waste Tax Policies In California, David Lehman

Honors Theses

No abstract provided.


Nonlinear Ardl Approach And The Housing Market In The U.S., Seyed Hesam Ghodsi Nov 2017

Nonlinear Ardl Approach And The Housing Market In The U.S., Seyed Hesam Ghodsi

Theses and Dissertations

This study investigates the existence of linear cointegration, nonlinear cointegration or no cointegration between house prices and fundamentals in the U.S. states over the period of 1975Q1-2014Q3. I employ Autoregressive Distributed Lag (ARDL) model by Pesaran et al. (2001) to test for linear cointegration and Nonlinear Autoregressive Distributed Lag (NARDL) model by Shin et al. (2014) to test for nonlinear cointegration between house prices and fundamentals. Decomposing fundamentals into positive and negative components in the nonlinear ARDL model allows me to study the nature of impacts of income and/or mortgage rates on house prices. By using these methods (ARDL and …


Determinants Of Tipping Rates: New Findings And Extensions, Christopher Carl Olson Oct 2017

Determinants Of Tipping Rates: New Findings And Extensions, Christopher Carl Olson

USF Tampa Graduate Theses and Dissertations

There is a movement underway to eliminate the practice of tipping restaurant servers that is gaining momentum (Goldberger, 2015). In lieu of gratuities, restaurants are simply raising menu prices or assessing a service charge and paying servers a fixed hourly wage (Kummer, 2016). Before restaurateurs can adopt such a strategy, they need to thoroughly understand the factors that affect tipping behavior in order to develop meaningful fixed wage rates that do not diminish service levels or employee morale. The first step in this process is a better understanding of the determinants of tipping rates.

The existing research has identified many …


Financial Costs Incurred By Living Kidney Donors: Findings From A Canadian Multi-Centre Prospective Cohort Study, Sebastian Przech Oct 2017

Financial Costs Incurred By Living Kidney Donors: Findings From A Canadian Multi-Centre Prospective Cohort Study, Sebastian Przech

Electronic Thesis and Dissertation Repository

This prospective cohort study across 12 Canadian transplant centres evaluated the costs incurred by 912 living kidney donors. Expenses and resources were captured to 3-months post-donation, and micro-costing was used to appraise the costs incurred by donors. Living kidney donors incurred average total costs of $4790, and direct and indirect costs of $2110 and $2679, respectively. 13.3% of donors incurred total costs exceeding $10,000, and 8.6% of donors incurred costs >25% of their annual household income. Costs incurred by spousal donors were not significantly different from either unrelated or closely related donors. Similarly, costs incurred by kidney paired donors were …


New Dimensions In Economic Analysis Of Legal Issues: The Appropriate Regulatory Balance Of Antitrust Law In The Context Of The Technological Innovation, Jungmi Bang Oct 2017

New Dimensions In Economic Analysis Of Legal Issues: The Appropriate Regulatory Balance Of Antitrust Law In The Context Of The Technological Innovation, Jungmi Bang

Maurer Theses and Dissertations

The role of Empirical study in legal decision, even in the rule making, was increased by the economic development with the occurrence of economic realism. The incensement of economic implication of the law, without exception, impacted to the court’s ruling in the antitrust case and the antitrust law-making itself. Now it is one of the common way, court use concepts and theories developed by economists and weaves economic concepts into decisions to support their result.

The classical perspective of economic theories regarding antitrust law was start from early theorist Adam Smith in 1776, even it denied the economic implication. Through …


Student Global Mobility: An Analysis Of International Stem Student Brain Drain, Margaret E. Gesing Oct 2017

Student Global Mobility: An Analysis Of International Stem Student Brain Drain, Margaret E. Gesing

Educational Foundations & Leadership Theses & Dissertations

This study seeks to understand global mobility patterns of international graduate STEM students studying in the United States. Using data from the NSF Graduate Students in Science Survey (GSSS), this study investigates the political, economic, and social factors affecting students' intent to stay or go, identifying differences based on students' country of origin within World Bank defined categories of gross national income (GNI) per capita. Descriptive statistics identified factors affecting students' intent to stay or go. Chi-square analysis, and analysis of variance (ANOVA) identified differences between factors based on students' intent to stay or go, and identified differences based on …


A Dirty Dilemma: Determinants Of Electronic Waste Importation, Jamila N. Glover Oct 2017

A Dirty Dilemma: Determinants Of Electronic Waste Importation, Jamila N. Glover

Graduate Program in International Studies Theses & Dissertations

During the 1970s-1980s waste, specifically toxic waste from manufacturing, became a globally traded commodity. By the late 1980s, waste trade became a global political and environmental topic because many believed that developed countries were ‘dumping’ hazardous material on less developed nations despite knowing that less developed countries often lack adequate infrastructure to dispose of waste in an environmentally responsible manner, prompting international regulatory responses.

This study focuses on the fastest growing category of traded toxic waste – electronic waste. In 2014, approximately 41.8 million tons of electronic waste was generated globally. During this same period 1.6 million tons were traded …


Essays On Inequality And Macroeconomic Stability, Thomas Hauner Sep 2017

Essays On Inequality And Macroeconomic Stability, Thomas Hauner

Dissertations, Theses, and Capstone Projects

This dissertation consists of three chapters. . .

Chapter 1: Aggregate Wealth and Its Distribution as Determinants of Financial Crises: Panel Evidence This essay investigates the relationship between wealth inequality and financial crises across a panel of nine advanced economies over the past 100 years. While substantiation of a role for income inequality is ambiguous in the literature, evidence is presented suggesting a unique capacity for the accumulation of assets to increase the likelihood of a future financial crisis episode. Testing long-run panel data with a reduced form, two-way fixed effects model, estimates suggest that increasing wealth inequality, in an …


Who Influences Your Outcomes? The Effect Of Culture And Ethnic Origin, Neighborhood And Peers On Personal Income: A Spatial Econometric Analysis Of New York City, Anna Arakelyan Sep 2017

Who Influences Your Outcomes? The Effect Of Culture And Ethnic Origin, Neighborhood And Peers On Personal Income: A Spatial Econometric Analysis Of New York City, Anna Arakelyan

Dissertations, Theses, and Capstone Projects

Being a “social animal”, each person is inherently embedded into a complex structure of social relations. He has role models to aspire to, conformity rules to follow, and expectations to meet. This paper explores the different social influences each person experiences in life. Specifically, I consider how a person’s ethnic community, age reference group, occupational and industry group peers, and residential area neighbors affect his total income. I introduce a novel model of multiple social networks and discuss various identification implications. I apply the model empirically to New York City, which naturally is a very favorable environment to test for …