Economics Commons^™

Government Insurance, Information, And Asset Prices, Danilo Lopomo Beteto Wegner

Danilo Lopomo Beteto Wegner

An investment decision problem is studied, in a framework where the government offers insurance against the possibility of the price of a risky asset falling drastically. The problem is considered under different informational scenarios, i.e., information quality, under which agents have to infer the state of fundamentals of the economy. Changes in information quality is shown to affect equilibrium prices despite no concomitant changes in the fundamentals, creating excess volatility. The possibility of government intervention is shown to increase equilibrium prices, which can be ordered as a function of information quality. Empirical evidence supporting the model is presented.

A Review Of Alternative Economic Base Study Methods For Community Economic Development, Jordan Yin

Jordan S. Yin

No abstract provided.

The Community Development Industry System: A Case Study Of Politics And Institutions In Cleveland, Jordan Yin

Jordan S. Yin

No abstract provided.

The Community Option In Urban Policy, Jordan Yin, J. Pitt, P Clavel

Jordan S. Yin

No abstract provided.

Searching For The Determinants Of Climate Change Interest, Patrick Cavanagh, Corey Lang, Xinran Li, Haoran Miao, John David Ryder

Corey Lang

A meaningful CO2 mitigation policy is unlikely at the national level in the United States. What is currently happening and what is much more likely to occur in the future is city and regional level efforts of mitigation and adaptation. This paper aims to understand the geographic and socioeconomic characteristics of metropolitan areas and regions that lead to engagement with the issue of climate change. We use geographically explicit, internet search data from Google to measure information seeking behavior, which we take to translate into engagement, attention and interest. Our spatial hotspot analysis creates a map that potentially could be …

Do Weather Fluctuations Cause People To Seek Information About Climate Change?, Corey Lang

Corey Lang

Learning about the causes and consequences of climate change can be an important avenue for supporting mitigation policy and efficient adaptation. This paper uses internet search activity data, a distinctly revealed preference approach, to examine if local weather fluctuations cause people to seek information about climate change. The results suggest that weather fluctuations do have an effect on climate change related search behavior, however not always in ways that are consistent with the projected impacts of climate change. While search activity increases with extreme heat in summer and extended periods of no rainfall and declines in extreme cold in winter, …

The Windy City: Property Value Impacts Of Wind Turbines In An Urban Setting, Corey Lang, James J. Opaluch

Corey Lang

This paper examines the impact of wind turbines on house values in Rhode Island. In contrast to wind farms surrounded by sparse development, in Rhode Island single turbines have been built in relatively high population dense areas. As a result, we observe 48,554 single-family, owner-occupied transactions within five miles of a turbine site, including 3,254 within one mile, which is far more than most related studies. We estimate hedonic difference-in-differences models that allow for impacts of wind turbines by proximity, viewshed, and contrast with surrounding development. Across a wide variety of specifications, the results suggest that wind turbines have no …

Preparedness Of Americans For The Affordable Care Act, Silvia Helena Barcellos, Amelie Wuppermann, Katherine Carman, Sebastian Bauhoff, Daniel L. Mcfadden, Arie Kapteyn, Joachim K. Winter, Dana Goldman

Silvia Helena Barcellos

No abstract provided.

Are Fulbright Applicants Idealists Or Opportunists?, Corey Lang, Carrie Gill

Corey Lang

The Fulbright program attracts applicants passionate about service and research abroad. Applicants apply to one country. To aid their decisions, competition statistics giving approximate probabilities of being awarded a scholarship are released for each country. This paper examines how competition statistics influence country choices. In aggregate, our results suggest that applicants are not swayed to apply to countries with low competition or deterred from countries with high competition. However, accounting for the difference in scholarship types and the macroeconomic context, there is strong evidence of opportunistic behavior by teaching applicants and for all applicants when the unemployment rate is high.

Child Gender And Parental Investments In India: Are Boys And Girls Treated Differently?, Silvia Helena Barcellos, Leandro Carvalho, Adriana Lleras-Muney

Silvia Helena Barcellos

No abstract provided.

Department Of Economics Publication List 2012, Penny Stover

Economics Pamphlet Series

This compilation lists works authored by Department of Economics faculty members and other staff working on projects funded through the Department of Economics. Publications resulting from their research and academic activities are indexed by author at the end of this pamphlet for easy access by the public. The articles were published between January 1, 2012 and December 31, 2012, except for those works printed in italics which have been accepted for publication but not actually printed as of December 31, 2012.

Education, Complaints, And Accountability, Juan Botero, Alejandro Ponce, Andrei Shleifer

Alejandro Ponce

Better educated countries have better governments, an empirical regularity that holds in both dictatorships and democracies. A possible reason for this fact is that educated people are more likely to complain about misconduct by government officials and that more frequent complaints encourage better behavior from officials. Newly assembled individual-level survey data from the World Justice Project show that, within countries, better educated people are more likely to report official misconduct. The results are confirmed using other survey data on reporting crime and corruption. Citizen complaints might thus be an operative mechanism that explains the link between education and the quality …

When Birds Of A Feather Don’T Flock Together: Different Scientists And The Roles They Play In Biotech R&D Alliances, Annapoornima Subramaniam, Kwanghui Lim, Pek-Hooi Soh

Kwanghui Lim

A firm's ability to produce high-impact innovations depends upon the nature of its R&D alliances as well as its composition of scientific human capital. The firm's scientific human capital is made up of its scientists, who produce valuable research outputs and who engage with the broader scientific community, thus helping the firm to integrate new knowledge from universities and other firms. In this paper, we examine heterogeneity within the firm's scientific human capital, emphasizing the distinct role of ‘bridging scientists’ who engage in two related but dissimilar scientific activities: patenting and publishing. Using a panel dataset of 222 firms in …

Undiagnosed Disease, Especially Diabetes, Casts Doubt On Some Of Reported Health 'Advantage' Of Recent Mexican Immigrants, Silvia Barcellos, James Smith, Dana Goldman

Silvia Helena Barcellos

No abstract provided.

Undiagnosed Disease, Especially Diabetes, Casts Doubt On Some Of Reported Health 'Advantage' Of Recent Mexican Immigrants, Silvia Helena Barcellos, James P. Smith, Dana P. Goldman

James W Smith

No abstract provided.

An Assessment Of Eda's Partnership Planning Program, George A. Erickcek, Brad R. Watts, Larry Ledebur, Claudette Robey, Daila Shimek, Kevin O'Brien, Andrew Batson, Jim Robey, Jacob Duritsky, Kim Merik

Larry C. Ledebur

This report examines EDA‘s Partnership Planning Program, which consists of Economic Development Districts (EDDs) and the Comprehensive Economic Development Strategies (CEDS) they are required to create, and provides recommendations as to how the program could be improved to lead effective regional development strategic efforts.

Size, Role And Performance In The Oil And Gas Sector, Robert Mansell, Jennifer Winter, Matt Krzepkowski, Michal C. Moore

Matt Krzepkowski

Examines the relative performance of producing firms in Alberta's oil and gas sector

Industry-Based Competitive Strategies For Ohio: Managing Three Portfolios, Edward W. Hill, Larry C. Ledebur, Matthew Sattler, Jacob Duritsky

Larry C. Ledebur

Deloitte Consulting, LLP, Cleveland State University, OSA Strategy. Political and business leaders have recognized a need to chart a new economic course for Ohio’s future. This study represents a step toward determining effective uses for limited development dollars in the state and filling in Ohio’s economic development strategy. This statewide industry study has been designed to provide economic development officials with insight, analysis, and strategic tools to help businesses compete more efficiently in an increasingly global marketplace.

Department Of Economics Publication List 2010, Penny Stover

Economics Pamphlet Series

This compilation lists published works authored by Department of Economics faculty members and other staff working on projects funded through the Department of Economics. Publications resulting from their research and academic activities are indexed by author at the end of the pamphlet for easy access by the public. The articles were published between January 1, 2010 and December 31, 2010.

Metropolitan Growth Policies And New Housing Supply: Evidence From Australia's Capital Cities, Ralph B. Mclaughlin

Faculty Publications, Urban and Regional Planning

This paper empirically examines the relationship between house price change, metropolitan growth policies, and new housing supply in Australia's five major capital cities. Our hypothesis suggests capital cities with tighter regulations on new development will have fewer housing starts and price elasticities than those in less- regulated markets. The empirical procedure used in this paper utilises the Urban Growth Model of Housing Supply developed in Mayer and Somerville (2000a and 2000b) and employed in Zabel and Patterson (2006) by using quarterly data on housing approvals and house prices from 1996-2010. Data on metropolitan growth policies in Australia is borrowed from …

Metropolitan Growth Policies And New Housing Supply: Evidence From Australia's Capital Cities, Ralph B. Mclaughlin

Ralph B. McLaughlin

This paper empirically examines the relationship between house price change, metropolitan growth policies, and new housing supply in Australia's five major capital cities. Our hypothesis suggests capital cities with tighter regulations on new development will have fewer housing starts and price elasticities than those in less- regulated markets. The empirical procedure used in this paper utilises the Urban Growth Model of Housing Supply developed in Mayer and Somerville (2000a and 2000b) and employed in Zabel and Patterson (2006) by using quarterly data on housing approvals and house prices from 1996-2010. Data on metropolitan growth policies in Australia is borrowed from …

Parental Investments In India: Are Boys And Girls Treated Differently?, Silvia Helena Barcellos, Leandro Carvalho, Adriana Lleras-Muney

Silvia Helena Barcellos

No abstract provided.

Department Of Economics Publication List 2010, Penny Stover

Economics Pamphlet Series

This compilation lists published works authored by Department of Economics faculty members and other staff working on projects funded through the Department of Economics. Publications resulting from their research and academic activities are indexed by author at the end of this pamphlet for easy access by the public. The articles were published between January 1, 2009 and December 31, 2009.

Curriculum Vitae For Professor Briggs

Vernon M Briggs Jr

No abstract provided.

Flexible Work Arrangements: Improving Job Quality And Workforce Stability For Low-Wage Workers And Their Employers, Jessica Glenn, Liz Watson

Published Reports

In 2009, workers and their families across the country felt the impact of serious economic downturn, with unemployment reaching a 26-year high. While recent news suggests things may be improving, we cannot forget that for many low-wage and hourly workers -- who now represent over a quarter of the U.S. workforce -- the recession only exacerbated their ongoing struggle to hold down quality jobs while caring for their families.

Low-wage workers face many of the same challenges that the rest of us face in reconciling our work, family and personal lives, but for many of these workers, it's simply a …

Department Of Economics Publication List 2009, Penny Stover

Economics Pamphlet Series

This compilation lists published works authored by Department of Economics faculty members and other staff working on projects funded through the Department of Economics. Publications resulting from their research and academic activities are indexed by author for easy access by the public. The articles were published between January 1, 2008 and December 31, 2008.

Publication List Economics Department: 1993 - 1994, Department Of Economics

Economics Pamphlet Series

The publications listed herein were prepared during April 1993 - July 1994 by the faculty and graduate students in the Economics Department at South Dakota State University. The publications are arranged by series (Staff Paper, Research Paper, Economics Commentator, Experiment Station Bulletin, etc.). There is a subject matter index, author index and a Economics Faculty listing included also.

Publication List Economics Department: 1992 - 1993, Department Of Economics

Economics Pamphlet Series

The publications listed herein were prepared during January 1992 - March 1993 by the faculty and graduate students in the Economics Department at South Dakota state University. The publications are arranged by series (Staff Paper, Research Paper, Economics Commentator, Experiment Station Bulletin, etc.).

Publication List Economics Department: September 1989 - December 1991, Department Of Economics

Economics Pamphlet Series

The publications listed herein were prepared during September 1989 - December 1991 by the faculty and graduate students in the Economics Department at South Dakota State University. The publications are arranged by series (Staff Paper, Research Paper, Economics Commentator, Experiment Station Bulletin, etc.).

Publication List Economics Department 1984-89, Ardelle Lundeen

Economics Pamphlet Series

The publications listed herein were prepared during January 1984 - September 1989 by the faculty and graduate students in the Economics Department at South Dakota State University in the course of their research, extension, and teaching duties. The publications are arranged by the basic areas of concentration in the department: agricultural marketing, farm and ranch management, energy and water resource development, and rural development and public affairs.