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A Systematic Investigation Of The Effect Of Wildfire Events And Risks On Property Values, Qiuhua Ma 2019 University of New Mexico

A Systematic Investigation Of The Effect Of Wildfire Events And Risks On Property Values, Qiuhua Ma

Economics ETDs

Wildfires frequency and severity have been increasing in the western United States over the past few decades. This rising threat is caused by the accumulated fuel load, climate change, and the rapid expansion of housing in the wildland-urban interface (WUI). Since most mitigation and suppression costs are borne by taxpayers, policy analysts seek both market (e.g., protection and suppression cost) and non-market cost estimates of wildfires. As one tool, the hedonic pricing method is commonly used to investigate wildfire effects on property values. There are a variety of hedonic studies investigating wildfire, with mixed and/or inconsistent results. Model ...


An Examination Of The Stock Market's Effect On Economic Inequality, Nicholas Golina 2019 The University of Akron

An Examination Of The Stock Market's Effect On Economic Inequality, Nicholas Golina

Honors Research Projects

The economic literature on economic inequality has shown that it can negatively impact aggregate demand because it indicates a higher concentration of wealth in the hands of the top 10% as opposed to the poor and middle class, who are more likely to consume. The literature has identified many factors that can lead to increasing inequality. The stock market could be one of those factors since it can either create an upward redistributive effect towards the top 10% or redistributive effect towards the middle class. This paper tested the effect of the stock market on inequality. This study contributes to ...


Brain Drain And Emigration: How Do They Affect Source Countries?, Nicholas Chura 2019 The University of Akron

Brain Drain And Emigration: How Do They Affect Source Countries?, Nicholas Chura

Honors Research Projects

This paper examines the effect of different skill levels of emigration on a country’s labor market, from high skill brain drain to low skill emigration. By utilizing an IADB Brain Drain data set to measure emigration rates among those with low, medium, and high educational attainment in a country, the effect of brain drain vs. low skill emigration on productivity and unemployment is examined. These data span from 1980 to 2010 with measurements every five years for 195 World Bank countries. By utilizing two two-way fixed effects models with GDP per capita and unemployment rate as the dependent variables ...


Welcome To The Neighborhood: A Spatial Analysis Of Crime And Housing Values, Anthony Senick 2019 The University of Akron

Welcome To The Neighborhood: A Spatial Analysis Of Crime And Housing Values, Anthony Senick

Honors Research Projects

Crime is an obvious unwanted problem in any population anywhere in the world. Not only does it present problems for public safety, but it crime has negative monetary costs as well. One such way these costs can be observed is in their effect on property values. Past studies have examined this relationship between crime and housing values using the hedonic housing price model and spatial analysis, and I attempt to perform a similar analysis, but with the inclusion of new variables and spatial techniques, for the City of Akron, Ohio. With 2017 housing sale data provided by the Summit County ...


A Posterior-Based Wald-Type Statistic For Hypothesis Testing, Yong LI, Xiaobin LIU, Tao ZENG, Jun YU 2018 Singapore Management University

A Posterior-Based Wald-Type Statistic For Hypothesis Testing, Yong Li, Xiaobin Liu, Tao Zeng, Jun Yu

Research Collection School Of Economics

A new Wald-type statistic is proposed for hypothesis testing based on Bayesian posterior distributions. The new statistic can be explained as a posterior version of Wald test and have several nice properties. First, it is well-defined under improper prior distributions. Second, it avoids Jeffreys-Lindley's paradox. Third, under the null hypothesis and repeated sampling, it follows a x2 distribution asymptotically, offering an asymptotically pivotal test. Fourth, it only requires inverting the posterior covariance for the parameters of interest. Fifth and perhaps most importantly, when a random sample from the posterior distribution (such as an MCMC output) is available, the proposed ...


Designing Climate Policy: Lessons From The Renewable Fuel Standard And The Blend Wall, Gabriel E. Lade, C.-Y. Cynthia Lin Lawell, Aaron Smith 2018 Iowa State University

Designing Climate Policy: Lessons From The Renewable Fuel Standard And The Blend Wall, Gabriel E. Lade, C.-Y. Cynthia Lin Lawell, Aaron Smith

Economics Working Papers

Many policies mandate renewable energy production to combat global climate change. These policies often differ significantly from first-best policy prescriptions. Among the largest renewable energy mandates enacted to date is the Renewable Fuel Standard (RFS), which mandates biofuel consumption far beyond what is feasible with current technology and infrastructure. In this article, we critically review the methods used by the Environmental Protection Agency to project nearand long-term compliance costs under the RFS, and draw lessons from the RFS experience to date that would improve the program’s efficiency. The lessons are meant to inform both future RFS rulemaking and the ...


The Regressive Burden Of Water-Related Infections On Income Disparity In Ecuador, Cesar Montalvo 2018 Illinois State University

The Regressive Burden Of Water-Related Infections On Income Disparity In Ecuador, Cesar Montalvo

Annual Symposium on Biomathematics and Ecology: Education and Research

No abstract provided.


Some Results From A Two Population Model Of Capitalism, Juan Renova 2018 Illinois State University

Some Results From A Two Population Model Of Capitalism, Juan Renova

Annual Symposium on Biomathematics and Ecology: Education and Research

No abstract provided.


Bankruptcy For Banks: A Tribute (And Little Plea) To Jay Westbrook, David A. Skeel Jr. 2018 University of Pennsylvania Law School

Bankruptcy For Banks: A Tribute (And Little Plea) To Jay Westbrook, David A. Skeel Jr.

Faculty Scholarship

In this brief essay, to be included in a book celebrating the work of Jay Westbrook, I begin by surveying Jay’s wide-ranging contributions to bankruptcy scholarship. Jay’s functional analysis has had a profound effect on scholars’ understanding of key issues in domestic bankruptcy law, and Jay has been the leading scholarly figure on cross-border insolvency. After surveying Jay’s influence, I turn to the topic at hand: a proposed reform that would facilitate the use of bankruptcy to resolve the financial distress of large financial institutions. Jay has been a strong critic of this legislation, arguing that financial ...


Using Economic Analysis To Understand The Value Of Population Health Improvement Strategies, Glen P. Mays 2018 University of Kentucky

Using Economic Analysis To Understand The Value Of Population Health Improvement Strategies, Glen P. Mays

Glen Mays

This workshop for the Mississippi Department of Health examines research about the health and economic value of multi-sector population health improvement strategies, including studies conducted through the Robert Wood Johnson Foundation Systems for Action research program. We provide examples of tools and methods for assessing economic value in public health.


Identifying Treatment Effects In The Presence Of Confounded Types, Desire Kedagni 2018 Iowa State University

Identifying Treatment Effects In The Presence Of Confounded Types, Desire Kedagni

Economics Working Papers

In this paper, I consider identification of treatment effects when
the treatment is endogenous. The use of instrumental variables is a popular
solution to deal with endogeneity, but this may give misleading answers when
the instrument is invalid. I show that when the instrument is invalid due to
correlation with the first stage unobserved heterogeneity, a second (also
possibly invalid) instrument allows to partially identify not only the local
average treatment effect but also the entire potential outcomes distributions
for compliers. I exploit the fact that the distribution of the observed
outcome in each group defined by the treatment and ...


4th Annual Interdisciplinary Undergraduate Social Sciences Research Conference, 2018 University of North Georgia

4th Annual Interdisciplinary Undergraduate Social Sciences Research Conference

International Social Science Review

No abstract provided.


Plan To Attend The 2020 Pi Gamma Mu Triennial International Convention, 2018 University of North Georgia

Plan To Attend The 2020 Pi Gamma Mu Triennial International Convention

International Social Science Review

No abstract provided.


De Constitutionis Natura: After Seventy Years, Lawrence S. Kaplan 2018 University of North Georgia

De Constitutionis Natura: After Seventy Years, Lawrence S. Kaplan

International Social Science Review

Lawrence S. Kaplan is the former emeritus director of the Lyman L. Lemnitzer Center for NATO and European Studies at Kent State University and a former Professorial Lecturer in History at Georgetown University. He is the author or editor of more than two dozen books. Seventy years ago, while still a fellow in History at Yale University, Dr. Kaplan published an article in Pi Gamma Mu's Social Science, which later became the International Social Science Review. This is a revised version of that paper, offering the wisdom of hindsight to the original work, which is still available at www ...


Book Review: Fraud: An American History From Barnum To Madoff By Edward Balleisen, Samuel B. Hoff 2018 University of North Georgia

Book Review: Fraud: An American History From Barnum To Madoff By Edward Balleisen, Samuel B. Hoff

International Social Science Review

No abstract provided.


Book Review: Citizen Outsider: Children Of North African Immigrants In France By Jean Beaman, Okori Uneke 2018 University of North Georgia

Book Review: Citizen Outsider: Children Of North African Immigrants In France By Jean Beaman, Okori Uneke

International Social Science Review

No abstract provided.


Book Review: Amiable Scoundrel: Simon Cameron, Lincoln's Scandalous Secretary Of War By Paul Kahan, Bart Talbert 2018 University of North Georgia

Book Review: Amiable Scoundrel: Simon Cameron, Lincoln's Scandalous Secretary Of War By Paul Kahan, Bart Talbert

International Social Science Review

No abstract provided.


Book Review: Marriage Vows And Racial Choices By Jessica Vasquez-Tokos, Heather R. Peterson 2018 University of North Georgia

Book Review: Marriage Vows And Racial Choices By Jessica Vasquez-Tokos, Heather R. Peterson

International Social Science Review

No abstract provided.


Book Review: The Blood Of Emmett Till By Timothy B. Tyson, Ben Sorensen 2018 University of North Georgia

Book Review: The Blood Of Emmett Till By Timothy B. Tyson, Ben Sorensen

International Social Science Review

No abstract provided.


Book Review: Destined For War: Can America And China Escape Thucydides’S Trap? By Graham Allison, Blake Duffield 2018 University of North Georgia

Book Review: Destined For War: Can America And China Escape Thucydides’S Trap? By Graham Allison, Blake Duffield

International Social Science Review

No abstract provided.


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