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Full-Text Articles in Other Economics

The Impact Of Remittances On Education Attainment: Evidence From Dominican Republic, Tahiya Begum Jul 2018

The Impact Of Remittances On Education Attainment: Evidence From Dominican Republic, Tahiya Begum

Honors College Theses

This paper will examine the relationship between remittances and education attainment focusing on Dominican Republic in 2002. This study will focus on households in Dominican Republic using surveys from IPUMS international and the data is cross-sectional. Sending remittances increases the income for households, which in return, influences the spending on education. The study of remittances is analyzed in a more cultural and social value rather than entirely economic. The dynamic and structure of a family is crucial when studying the effects of remittances in a developing country. Key findings from this analysis is that the relationship between education attainment and ...


Equilibrium Wage Rigidity In Directed Search, Gabriele Camera, Jaehong Kim Jun 2018

Equilibrium Wage Rigidity In Directed Search, Gabriele Camera, Jaehong Kim

ESI Working Papers

Matching frictions and downward wage rigidity emerge as equilibrium phenomena in a twosided labor market where firms sustain variable wage adjustment costs. Firms post wages to attract workers and matches are endogenous. Reducing the wage relative to the wage previously posted is costly to the firm, where the cost is proportional to the size of the proposed cut. Shocks to the firm’s profitability may yield an equilibrium wage above what the firm would offer absent proportional adjustment costs. Wage cuts can be partial or full, immediate or delayed, and are non-linear in the shock size. Importantly, wages are sticky ...


Moderate Growth With A Stronger Industrial Sector, Eric Thompson Jun 2018

Moderate Growth With A Stronger Industrial Sector, Eric Thompson

Business in Nebraska

Nebraska will record solid economic growth during the forecast period but will lag U.S. growth. While Nebraska’s large farming sector has stabilized, it will not contribute much to economic growth during the forecast period. Job growth also will be sluggish in transportation, retail trade and state and local government. Job growth, however, will be stronger in the services, finance, manufacturing and construction. Projected growth rates for 2018 to 2020 are presented in Table 1.

Employment will grow by 0.8% to 1.0% per year, below the national rate. Non-farm income will grow between 3.6% and 3 ...


The Fisheries Crisis And Its People: An Econometric Sustainable Livelihoods Application For Low-Income Artisanal Fishers In Sierra Leone, Nathan Brock May 2018

The Fisheries Crisis And Its People: An Econometric Sustainable Livelihoods Application For Low-Income Artisanal Fishers In Sierra Leone, Nathan Brock

Honors Theses AY 17/18

The global fisheries crisis is a topic of significant research across fields, including economics. It is evident that the current global fish stocks are declining, which has motivated environmental protection measures to be implemented. Low-income countries and their inhabitants are unevenly harmed by these environmental impacts, as artisanal fishing villages are dependent on fisheries for subsistence and livelihood. This case is particularly true in Sierra Leone, where poverty is evident, artisanal fishing communities exist, and dependence on fisheries is high (Kassam, et al. 2017; Teh, et al. 2016). Policy makers in these countries are faced with the challenge of mitigating ...


The Impacts Of Natural Disasters On Educational Attainment: Cross-Country Evidence From Macro Data, Lois Onigbinde May 2018

The Impacts Of Natural Disasters On Educational Attainment: Cross-Country Evidence From Macro Data, Lois Onigbinde

Master's Theses

Do natural disasters impact educational attainment? Education as a paramount factor of economic development suffers from the uncontrollable effects of these increasing events from storms to floods, earthquakes to wildfires. Globally, educational resources are destroyed, directly and indirectly, students and teachers are displaced or killed, parents’ income is affected because of natural disasters. Investments in human capital for rich- and low-income countries are exposed to the uneven impact of natural disasters that adjusts household and country-level decisions, leaving them to short and long-run losses. Exploring the influence of natural disasters on secondary school attainment across a sample of 85 countries ...


Swimming For More Than Gold: How Swimming Participation And Success In Elite International Swimming Events Can Decrease Drowning Rates Across The World, Joshua R. Cottle May 2018

Swimming For More Than Gold: How Swimming Participation And Success In Elite International Swimming Events Can Decrease Drowning Rates Across The World, Joshua R. Cottle

Undergraduate Economic Review

International swimming provides an opportunity for thousands of swimmers to compete at the highest level of the sport. In this paper, I argue that participation and success in these events can influence drowning rates across the world. My analysis suggests that one of the most notable negative influences on drowning rates is swimming participation in countries that have the smallest roster sizes and the lowest average income levels. My analysis shows that swimming success in the Olympics has a significant positive effect on drowning rates in countries in the middle-income brackets.


Mapping Wyoming's Future: A Gis-Based Mapping Analysis Of Wyoming's Industry Assets, Sam Mallory May 2018

Mapping Wyoming's Future: A Gis-Based Mapping Analysis Of Wyoming's Industry Assets, Sam Mallory

Honors Theses AY 17/18

To support economic planning and development in Wyoming, the University of Wyoming (UW), the Wyoming Geographic Information Science Center (WyGISC) and the Wyoming Business Council (WBC) developed a series of over 150 maps intended to communicate various industry assets available in the state to leverage growth and development of associated industry sectors. This paper discusses the context and objectives of this project, the geographic information systems methodology developed for the creation of these maps, a critique of the maps, as well as a demonstration of their intended use.


Cryptocurrencies As An Alternative To Fiat Monetary Systems, David A. Georgeson May 2018

Cryptocurrencies As An Alternative To Fiat Monetary Systems, David A. Georgeson

Applied Economics Theses

The recent popularity of cryptocurrencies is largely associated with a particular application referred to as Bitcoin. Cryptocurrency has a mix of properties that make it difficult to examine. These properties consist of being infinitely divisible, durable, transferable, fungible and can be controlled to be artificially scarce. Further, cryptocurrencies can act as a means of payment, a medium of exchange, a store of value, and a unit of account. This thesis will analyze the technical features underlying cryptocurrencies and find out whether or not they can function as an alternative to fiat money. Since Bitcoin is the most commonly understood application ...


Human Trafficking In The Wake Of Natural Disasters: Is The United States Any Different Than Third World Countries?, Samantha Stout May 2018

Human Trafficking In The Wake Of Natural Disasters: Is The United States Any Different Than Third World Countries?, Samantha Stout

Accounting Undergraduate Honors Theses

This research compares the impacts of devastating natural disasters on levels of human trafficking in developed countries to the impacts experienced in third world countries. The two disasters selected for this study were Hurricane Isaac in Louisiana and the Indian Ocean earthquake and tsunami in Indonesia. Factors selected to measure the impacts of the natural disaster include income level, homelessness, and unemployment rates.

Human trafficking is a crime that touches nearly every country around the world. It is known that human trafficking levels are impacted by factors including poverty levels of regions, political unrest, and even natural disasters. There is ...


Impulsive Behavior In Competition: Testing Theories Of Overbidding In Rent-Seeking Contests, Roman M. Sheremeta Apr 2018

Impulsive Behavior In Competition: Testing Theories Of Overbidding In Rent-Seeking Contests, Roman M. Sheremeta

ESI Working Papers

Contests are commonly used in the workplace to motivate workers, determine promotion, and assign bonuses. Although contests can be very effective at eliciting high effort, they can also lead to inefficient effort expenditure (overbidding). Researchers have proposed various theories to explain overbidding in contents, including mistakes, systematic biases, the utility of winning, and relative payoff maximization. Using an eight-part experiment, we test and find significant support for the existing theories. Also, we discover some new explanations based on cognitive ability and impulsive behavior. Out of all explanations examined, we find that impulsivity is the most important factor explaining overbidding in ...


Cooler Heads Prevail: An Experimental Study On The “Cooling” Effect Of The Strategy Method On Agent Resentment, Jing L. Davis Apr 2018

Cooler Heads Prevail: An Experimental Study On The “Cooling” Effect Of The Strategy Method On Agent Resentment, Jing L. Davis

Economics Faculty Articles and Research

This study investigates whether agents’ resentment of controls in a gift-exchange game can be effectively mitigated using the strategy method where agents’ effort choices are elicited contingent on all possible contract choices by principals. The results suggest that allowing agents to contemplate contract choices prospectively results in less resentment and that agents exert higher effort than without this “cooling” process.


Braided Cobwebs: Cautionary Tales For Dynamic Retail Pricing In End-To-End Power Systems, Auswin George Thomas, Leigh Tesfatsion Mar 2018

Braided Cobwebs: Cautionary Tales For Dynamic Retail Pricing In End-To-End Power Systems, Auswin George Thomas, Leigh Tesfatsion

Economics Working Papers

This study investigates the effects of dynamic-price retail contracting on end-to-end power system operations. Performance is evaluated by means of carefully defined metrics for system stability, market efficiency, and market participant welfare. The study is carried out for an Integrated Retail and Wholesale (IRW) Test Case for which households have smart (price-responsive) air-conditioning (A/C) systems. A simplified version of the IRW Test Case with a directly postulated linear household demand curve is first used to derive, analytically, a set of necessary and sufficient conditions for system stability under dynamic-price retail contracting. A key finding is that dynamicprice retail contracts ...


Mutual Economic Incentives For Urban Tree Canopy Restoration, Paul E. Thompson Jr. Mar 2018

Mutual Economic Incentives For Urban Tree Canopy Restoration, Paul E. Thompson Jr.

Undergraduate Economic Review

Potential alignment of economic incentives for tree canopy restoration are modeled using data from a 2015 Louisville Metro Government (KY) Urban Tree Canopy Assessment. The study revealed marked declines in urban canopy coverage from 2004-2012; accelerating losses are forecast through 2050. Tree coverage conveys substantial financial benefit to private property owners, primarily through increased property valuations. Benefits to local government may be derived from the corresponding increase in property tax assessments. A comprehensive cost-benefit analysis demonstrates the economic efficiency of tree purchase vouchers (issued by government to private property owners) as a potential contributing solution to urban canopy loss.


Entrepreneurship Education Empowers Youth To Change Their Lives, Marianna Brashear, Jason Riddle Mar 2018

Entrepreneurship Education Empowers Youth To Change Their Lives, Marianna Brashear, Jason Riddle

National Youth-At-Risk Conference Savannah

The Foundation for Economic Education (FEE) aims at equipping Title 1 schools with free, hands-on, engaging materials that any teacher can facilitate either individually or in a classroom setting with no background in entrepreneurship necessary. These versatile lessons, courses, and workshops teach the entrepreneurial mindset optimizing opportunities for grades 8-12 students no matter which life/career path they choose.


2018 Updated Tables And Figures For Ec 845 Nebraska Cash Soybean Prices And Basis Patterns, Jessica J. Groskopf, Cory Walters Mar 2018

2018 Updated Tables And Figures For Ec 845 Nebraska Cash Soybean Prices And Basis Patterns, Jessica J. Groskopf, Cory Walters

Extension Farm and Ranch Management

No abstract provided.


Green Competition, Hybrid Equilibrium, And Establishment Of A Resale Market, Arthur Caplan, Reza Oladi Feb 2018

Green Competition, Hybrid Equilibrium, And Establishment Of A Resale Market, Arthur Caplan, Reza Oladi

Arthur J. Caplan

This paper investigates competition between firms whose choices of how much “green effort” to devote
to building their reputations as socially responsible producers are determined in the contexts of
simultaneous-move and hybrid simultaneous/sequential-move Bertrand equilibria. We derive conditions
under which (1) the inter-temporal, green-effort reaction function of the firm with the less-aggressive
green strategy is non-monotonic, (2) the level of green effort chosen by the firm with the more-aggressive
green strategy increases when it views itself as the leader in a hybrid game rather than moving concurrently
in a simultaneous-choice game, and (3) the establishment of a resale market ...


Experimental Evidence On The Cyclicality Of Investment, Cortney S. Rodet, Andrew Smyth Feb 2018

Experimental Evidence On The Cyclicality Of Investment, Cortney S. Rodet, Andrew Smyth

ESI Working Papers

We report laboratory experiments investigating the cyclicality of investment. In our setting, optimal investment is counter-cyclical because investment costs fall following market downturns. However, we do not observe counter-cyclical investment. Instead, heuristic investment models where firms invest a fixed percentage of their liquidity, or a fixed percentage of anticipated market demand, better fit our data on average than does optimal investment. We also report a control treatment without cost changes and a treatment with asymmetric investment liquidity. Both of these extensions support our main result.


Indefinitely Repeated Contests: An Experimental Study, Philip Brookins, Dmitry Ryvkin, Andrew Smyth Feb 2018

Indefinitely Repeated Contests: An Experimental Study, Philip Brookins, Dmitry Ryvkin, Andrew Smyth

ESI Working Papers

We experimentally explore indefinitely repeated contests. Theory predicts more cooperation, in the form of lower expenditures, in indefinitely repeated contests with a longer expected time horizon, yet our data do not support this prediction. Theory also predicts more cooperation in indefinitely repeated contests compared to finitely repeated contests of the same expected length, but we find no significant difference empirically. When controlling for risk and gender, we actually find significantly higher long-run expenditure in some indefinite contests relative to finite contests. Finally, theory predicts no difference in cooperation across indefinitely repeated winner-take-all and proportional-prize contests. We find significantly less cooperation ...


2018 Updated Tables And Figures For Ec 846 Nebraska Cash Corn Prices And Basis Patterns, Jessica J. Groskopf, Cory Walters Feb 2018

2018 Updated Tables And Figures For Ec 846 Nebraska Cash Corn Prices And Basis Patterns, Jessica J. Groskopf, Cory Walters

Extension Farm and Ranch Management

No abstract provided.


Corruption And Soccer In Africa: Empirical Evidence On The Determinants Of Association Soccer Success In The Continent, Mustafa Zahid Jan 2018

Corruption And Soccer In Africa: Empirical Evidence On The Determinants Of Association Soccer Success In The Continent, Mustafa Zahid

Undergraduate Honors Theses

Despite the popularity of soccer in Africa, African teams tend to underperform in international competitions such as the World Cup relative to European and South American teams. Studies have been conducted on what determines performance in international soccer. These studies stress the importance of wealth, talent pool, and soccer culture on determining performance. However, these studies focus more generally on the entire world, and, in some instances, omit African nations due to a lack of data. Additionally, the focus on a wide sample of the world results in the omission of some potentially crucial variables in relation to Africa, specifically ...


Is Avocado Toast The Reason I'M Still Living With My Parents?, Brendan Macdonald Jan 2018

Is Avocado Toast The Reason I'M Still Living With My Parents?, Brendan Macdonald

CMC Senior Theses

Is avocado toast the reason that I am still living with my parents? In other words, does the consumption of avocado toast, or more specifically eating out in general, have any impact on one’s ability to be a homeowner. In May of 2017, an Australian real estate developer by the name of Tim Gurner was asked to provide advice to young people who could not afford to purchase a home. He responded by saying, “when I was trying to buy my first home, I wasn’t buying smashed avocado for $19 and four coffees at $4 each,” (Victor, 2017 ...


Determining Factors Of Risk Tolerance: Evidence From Fantasy Football Snake Drafts, Nicholas Obrand Jan 2018

Determining Factors Of Risk Tolerance: Evidence From Fantasy Football Snake Drafts, Nicholas Obrand

CMC Senior Theses

This paper utilizes fantasy football snake drafts to analyze risk tolerance of individuals who are trying to maximize their present and future utility, but are faced with unknown factors and only have limited resources. Fantasy football provides a unique perspective on risk tolerance, different than the commonly researched fields of auctions, financial portfolios, and lotteries. I examine mock draft data from Fantasy Football Calculator as well as rankings data from Fantasy Pros to gauge the amount of risk associated with each draft pick. I find that the more perceived uncertainty that is connected to an individual selection, the more likely ...


Gigs And Grub: How The Gig Economy Impacts Restaurant Industry Performance, Laura Broderick Jan 2018

Gigs And Grub: How The Gig Economy Impacts Restaurant Industry Performance, Laura Broderick

Scripps Senior Theses

In the last ten years, the gig economy has become a significant part of the labor market. Consumers depend on the services provided by people performing gig work, particularly as on-demand services are increasingly desired. Another trend that has developed is the rise of fast casual restaurants due to their relatively inexpensive and quick service while simultaneously providing unique and interesting cuisine options. I examined if there was a relationship between the rise of these emerging sectors of the economy through looking at the performance of limited service eating place establishments using a panel data regression model at the Metropolitan ...


Returns To Buying Winners And Selling Losers: A Look At Cryptocurrencies, Daniel Walker Jan 2018

Returns To Buying Winners And Selling Losers: A Look At Cryptocurrencies, Daniel Walker

CMC Senior Theses

This paper is, to my knowledge, one of the first ever to examine the effectiveness of price momentum trading strategies applied to cryptocurrencies. Using aggregate OHLCV (Open, High, Low, Close, Volume) data on cryptocurrency pairs from Poloniex, Bittrex, and Bitfinex, I apply Jegadeesh and Titman’s classic -month/-month momentum trading strategy, reporting annual returns with and without incorporating trading fees. Portfolios are resampled daily, weekly, and monthly, testing lookback and holding periods ranging from one day to one year. The results show that trading cryptocurrencies using momentum strategies derives returns that rapidly increase the more often portfolios are resampled ...


Sdsu Compared To Other Thirteen Universities In Research Expenditures, Abdalnaser Hesaien Jan 2018

Sdsu Compared To Other Thirteen Universities In Research Expenditures, Abdalnaser Hesaien

Economics Graduate Students Plan B Research Projects

Research in SDSU is defined by the zeal to stay up to date with all necessary information that one would need to cope with day- to- day activities in different scopes of life. In any given moment SDSU offer a research-intensive environment that is not only possible to uphold but also able to provide a better way to adhere to information multiplication professionally. All efforts that are invested in the institution tries to give insights about the best ways to improve livelihood in South Dakota as the starting point that will impact the entire world. The most important plan that ...


National Competent Authorities As The Reference Member State: Understanding The Variables Affecting Their Regulatory Decisions, Christian Martin Jan 2018

National Competent Authorities As The Reference Member State: Understanding The Variables Affecting Their Regulatory Decisions, Christian Martin

Undergraduate Honors Theses

The pharmaceutical medicines in one member state of the European Union do not belong in any other member state unless that member state’s national medicines agency has approved them. In this paper I look at the two procedures that exist, the mutual recognition procedure and the decentralized procedure. I ask what affects the variation in ease and stringency within the regulatory decisions of the national competent authorities when acting as the reference member state. I hypothesize that institutions and economic political ideology influence the regulatory decisions, leading to more or less finalized procedures. Multi-variate regressions confirm the permeability of ...


Wildfire Risk Perception And Homeowner Mitigation: Evidence From Montana, Madison G. Nagle Jan 2018

Wildfire Risk Perception And Homeowner Mitigation: Evidence From Montana, Madison G. Nagle

Graduate Student Theses, Dissertations, & Professional Papers

Fire prevention managers find that homeowners often do not perform mitigation actions that could reduce the damage and spread of wildfire. There is widespread belief among these fire professionals that one of the primary reasons that homeowners do not perform mitigation actions is that homeowners misperceive the risk that wildfire poses. Thus, a significant component of fire prevention programs’ focus on increasing homeowner awareness of the risk. However, it is possible that homeowners are aware of the fire risk but choose not to mitigate because of a variety of reasons, to include the costs of mitigation, limited monetary liability that ...


The Impact Of Noxious And Carcinogenic Pollutants In Adams County Colorado, Ahnika Leroy Jan 2018

The Impact Of Noxious And Carcinogenic Pollutants In Adams County Colorado, Ahnika Leroy

Undergraduate Honors Theses

This paper will explore how carcinogenic and noxious pollutants emitted from Toxic Release Sites (TRI) effect housing prices in an urban area of Colorado. This is possible in an empirical model that considers the influence of commercial and industrial properties. My approach addresses an important source of omitted variable bias like issues of sorting and agglomeration by disaggregating pollutant types and sites. I will also compare estimates using a hedonic and repeat sales model. Since I am using the repeat sales model, this can control for bias due to sorting. Results indicate that pollutant coefficients in the repeat sales model ...


2018 Updated Tables And Figures For Ec 844 Nebraska Wheat Prices And Basis Patterns, Cory Walters, Jessica J. Groskopf Jan 2018

2018 Updated Tables And Figures For Ec 844 Nebraska Wheat Prices And Basis Patterns, Cory Walters, Jessica J. Groskopf

Extension Farm and Ranch Management

No abstract provided.


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

School of Arts & Sciences Theses

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.