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Articles 1 - 5 of 5
Full-Text Articles in Macroeconomics
On The Impact Of Social Spending On Long-Term Economic Performance In The Usa, Jiayong Lu
On The Impact Of Social Spending On Long-Term Economic Performance In The Usa, Jiayong Lu
Undergraduate Honors Theses
This paper analyzes the dynamics of social spending and long-term economic performance in the United States from 1949-2019 using vector autoregression models. It breaks down social spending into six disaggregate programs to identify if different social programs have similar effects on the economy. Overall, the study finds that social spending increases private savings and the unemployment rate. Due to its dominant distortionary effects on the labor market, social spending decreases GDP. These effects are mostly short-term effects. The economic effects of the different social spending programs on the economy are similar in direction but different in magnitude. The effects of …
Examining The Current Role Of Out-Of-State Buyers In The Tri-Cities Within The Confines Of Residential Real Estate, Paul Arrowood
Examining The Current Role Of Out-Of-State Buyers In The Tri-Cities Within The Confines Of Residential Real Estate, Paul Arrowood
Undergraduate Honors Theses
We are seeing an influx of out-of-state buyers into Tennessee, and the Tri-Cities area specifically. As a major emerging housing market in the US, the Tri-Cities is being inundated by people from all states and walks of life seeking a better life in Appalachia. Although the reasons vary by person, many agree that political alignment, taxation levels, and the quietness of this area lends itself to population growth. While most members of the housing industry have noticed this uptick in out-of-state buyers, few have taken the time to analyze their own records or review the empirical evidence that is present …
The Catalytic Effect And The Imf: The Relationship Between Capital Inflows And Imf Program Characteristics, Matthew Levinson
The Catalytic Effect And The Imf: The Relationship Between Capital Inflows And Imf Program Characteristics, Matthew Levinson
Undergraduate Honors Theses
Interventions of the International Monetary Fund (IMF) are believed to impact external capital inflows to recipient countries, which has the potential to amplify the overall effectiveness of IMF programs. However, the true extent of this catalytic effect remains debated. While previous studies have examined the catalytic effect of the IMF at the aggregate level, this research isolates specific types of IMF programs and analyzes their relationship with specific types of financial inflows for a better understanding of the heterogeneity in program effectiveness with respect to the catalytic effect. I find that program type plays a significant role in the strength …
Considerations For Mexican Immigration Policy Reform: How Motivations To Migrate Align With U.S. And Mexican Macroeconomic Conditions, Alix Naugler
Undergraduate Honors Theses
The nationalistic rhetoric adopted by the newly-elected president’s administration along with the public’s climaxing anti-immigrant hysteria has recently forced Mexican immigration intervention to the top of the U.S. agenda. Misconceptions regarding Mexicans’ role in stealing jobs, threatening cultural and ethnic traditions, and straining public welfare, educational, and healthcare resources have spurred a fear among the American people. This politically-fabricated “schizophrenia” has ceased the political and economic collaboration between the two nations and has resulted in the unilateral militarization of the U.S.-Mexico border. In this evaluation of the U.S. government’s immigration policies, the proposed economic theories related to Mexicans’ motivations in …
The Effect Of Integration: A Study On The Impact Of Diversity On Economic Indicators, Luke H. Schleier
The Effect Of Integration: A Study On The Impact Of Diversity On Economic Indicators, Luke H. Schleier
Undergraduate Honors Theses
This paper examines the effect of diversity, measured by the dissimilarity index, on the economic strength of an area. Economic strength is measured using five economic indicators: median home value, median income, median gross rent, percentage of people with health insurance, and firms per capita. The work aims to show that there is a positive economic impact due to integrating and creating communities that are more diverse. Previous work shows there is a positive impact of diversity on economic indicators such as wages, rents, and production but previous studies do not look at the effect on these economic indicators. This …