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The Effect Of Low Skill Job Opportunities On Postsecondary Enrollment, Mallory Radesic 2021 The University of Akron

The Effect Of Low Skill Job Opportunities On Postsecondary Enrollment, Mallory Radesic

Williams Honors College, Honors Research Projects

This research examines the effect that low skill job opportunities have on the probability of enrollment in postsecondary institutions between men and women, namely the construction and manufacturing industries. The research is based on the human capital investment theory, which states that individuals will enroll in postsecondary institutions when the perceived benefits outweigh the costs. More job opportunity heightens the opportunity cost of enrollment, hence lowering the probability of enrollment. After running a probit model, there is evidence that enrollment is countercyclical and that enrollment decisions do not vary significantly between men and women. I find that a 1 percent ...


Impact Of Unemployment Insurance Benefit Generosity On Re-Employment Wages During The Great Recession, Hayden Cobb 2021 The University of Akron

Impact Of Unemployment Insurance Benefit Generosity On Re-Employment Wages During The Great Recession, Hayden Cobb

Williams Honors College, Honors Research Projects

This paper examines the impact of the replacement ratio on re-employment wages during the great recession. This is done using a data set from IPUMS CPS displaced workers supplement between 2005 and 2012. Using OLS analysis, I estimated the impacts of the replacement ratio on the ratio of re-employment wages to pre-unemployment wages. I found that a replacement ratio of one would lead to a 77.6% increase in the ratio of re-employment wages to pre-unemployment wages, without the consideration of any other variables. The findings of the replacement ratio support economic theory and contradict the findings of some major ...


The Evolutionary Global Vision Of Chinese Political Philosophy; China's Socio-Economic Transformation In The 21st Century, Meryem Gurel 2020 University of San Francisco

The Evolutionary Global Vision Of Chinese Political Philosophy; China's Socio-Economic Transformation In The 21st Century, Meryem Gurel

Master's Projects and Capstones

Evolving relations of East Asia due to trade liberalization raised the search for financial stability for institutional development. It also increased the importance of China integrating the global economy into renewing its political philosophy in the new century. This capstone project aims to examine why China has transformed its socio-economic structure by generating outward investments and how it has affected international political relations in terms of the role of the economic institution Asian Infrastructure Investment Bank (AIIB). Quantitative methodology aims to examine the impact of China’s export trade on income distribution and economic growth through linear regression analysis for ...


Understanding Unemployment Statistics (Activity), Tom Martin 2020 CUNY Guttman Community College

Understanding Unemployment Statistics (Activity), Tom Martin

Open Educational Resources

When you see unemployment statics in the news – such as, “unemployment rises to 11%” – are you certain that you are interpreting them correctly? This short activity will help you to understand unemployment statics in all of their nuance and complexity.


Intertemporal Choice Experiments And Large-Stakes Behavior, Diego Aycinena, Szabolcs Blazsek, Lucas Rentschler, Charles Sprenger 2020 Chapman University

Intertemporal Choice Experiments And Large-Stakes Behavior, Diego Aycinena, Szabolcs Blazsek, Lucas Rentschler, Charles Sprenger

ESI Working Papers

Intertemporal choice experiments are increasingly implemented to make inference about discounting and marginal utility, yet little is known about the predictive power of resulting measures. This project links standard experimental choices to a decision on the desire to smooth a large-stakes payment | around 10% of annual income | through time. In a sample of around 400 Guatemalan Conditional Cash Transfer recipients, we find that preferences over large-stakes payment plans are closely predicted by experimental measures of patience and diminishing marginal utility. These represent the first findings in the literature on the predictive content of such experimentally elicited measures of discounting and ...


Assumptions (Mistakes) That Parents Make With Estate Plans, Allan Vyhnalek 2020 University of Nebraska-Lincoln

Assumptions (Mistakes) That Parents Make With Estate Plans, Allan Vyhnalek

Cornhusker Economics

The main goal of many parents when writing their estate plan is for their children to continue to be a family. With this goal in mind, parents make many assumptions to “keep the peace” when planning their estate. If the family has a key fight then family activities, like holiday gatherings, no longer happen. Let’s look at these assumptions and make some observations about each. The overall goal is to think through our actions with the intent that the family stays together.

Without an estate plan, the assets are divided ac-cording to the laws of the state of Nebraska ...


The Market For Reverse Mortgages Among Older Americans, Christopher Mayer, Stephanie Moulton 2020 University of Pennsylvania

The Market For Reverse Mortgages Among Older Americans, Christopher Mayer, Stephanie Moulton

Wharton Pension Research Council Working Papers

This paper examines the usage of reverse mortgages among mortgage borrowers, as well as rejected applicants for new mortgage credit who are age 62+. We find that 17-27 percent of actual and rejected borrowers would have qualified for a HECM reverse mortgage, or nine to 14 times the size of the actual HECM market. The existence of a large number of seniors with an existing mortgage or taking out a new mortgage with quite high LTVs (57-65%, depending on the product) suggests that many seniors do, in fact utilize home equity in order to fund their retirement. Yet they choose ...


An Elementary Humanomics Approach To Boundedly Rational Quadratic Models, Michael J. Campbell, Vernon L. Smith 2020 Chapman University

An Elementary Humanomics Approach To Boundedly Rational Quadratic Models, Michael J. Campbell, Vernon L. Smith

ESI Working Papers

We take a refreshing new look at boundedly rational quadratic models in economics using some elementary modeling of the principles put forward in the book Humanomics by Vernon L. Smith and Bart J. Wilson. A simple model is introduced built on the fundamental Humanomics principles of gratitude/resentment felt and the corresponding action responses of reward /punishment in the form of higher/lower payoff transfers. There are two timescales: one for strictly self-interested action, as in economic equilibrium, and another governed by feelings of gratitude/resentment. One of three timescale scenarios is investigated: one where gratitude /resentment changes much more ...


Comparing Profitability And Management Factors Across Operation Type: Independent Vs. Contract Growing, Elliott James Dennis 2020 University of Nebraska - Lincoln

Comparing Profitability And Management Factors Across Operation Type: Independent Vs. Contract Growing, Elliott James Dennis

Extension Farm and Ranch Management

First paragraph:

There is strong local and national interest in adding hog barns to existing row crop operations. Declining on farm income over the past several years has accelerated this interest. Grain operations cite diversifying farm income, adding another family to the farm operation, and/or replacing commercial fertilizer expense as the primary reasons for adding a hog barn.


A Historical Perspective On The Holcomb Fire: Differences And Similarities To The Covid-19 Situation And Other Significant Market Events, Elliott James Dennis 2020 University of Nebraska - Lincoln

A Historical Perspective On The Holcomb Fire: Differences And Similarities To The Covid-19 Situation And Other Significant Market Events, Elliott James Dennis

Extension Farm and Ranch Management

Copyright 2020, the author. Used by permission.


Biased Beliefs And Entry Into Scientific Careers, Ina Ganguli, Patrick Gaulé, Danijela Vuletić Čugalj 2020 University of Massachusetts - Amherst

Biased Beliefs And Entry Into Scientific Careers, Ina Ganguli, Patrick Gaulé, Danijela Vuletić Čugalj

Upjohn Institute Working Papers

We investigate whether excessively optimistic beliefs play a role in the persistent demand for doctoral and postdoctoral training in science. We elicit the beliefs and career preferences of doctoral students through a novel survey and randomize the provision of structured information on the true state of the academic market and information through role models on nonacademic careers. One year later, both treatments lead students to update their beliefs about the academic market and impact career preferences. However, we do not find an effect on actual career outcomes two years postintervention.


El Capital Humano En La Gerencia De Proyectos, Factor De Alineación Estratégica, Elena del Pilar Infante Sánchez, Flor Nancy Díaz-Piraquive 2020 Universidad de La Salle, Bogotá

El Capital Humano En La Gerencia De Proyectos, Factor De Alineación Estratégica, Elena Del Pilar Infante Sánchez, Flor Nancy Díaz-Piraquive

Equidad y Desarrollo

Este artículo tiene como objetivo analizar si el factor del capital humano es relevante para la alineación entre los proyectos de inversión y la estrategia organizacional, a partir de referentes y estándares internacionales y con la experiencia profesional desde las prácticas locales. En cuanto a la metodología, se acude a la revisión de estudios que describen la manera en que se priorizan los proyectos de inversión como apoyo a lo estratégico y qué tanto consideran el factor del capital humano. Posteriormente, se establece una comparación entre metodologías de proyectos y se aborda el nivel de uso de indicadores que aporten ...


Covid-19: Working Parents And Child Care In The Mountain West, Olivia K. Cheche, Vanessa Booth, Caitlin J. Saladino, William E. Brown Jr. 2020 University of Nevada, Las Vegas

Covid-19: Working Parents And Child Care In The Mountain West, Olivia K. Cheche, Vanessa Booth, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet synthesizes data on child-care dependent parents in various Mountain West metropolitan statistical areas (MSAs). This synthesis is based on an original report by Brookings Research Analyst, Nicole Bateman, titled “Working parents are key to COVID-19 recovery.” Additionally, this fact sheet highlights other variables that include the race-ethnic breakdown, education attainment, and federal poverty breakdown for child-care dependent parents.


The Irony Of Health Care’S Public Option, Allison K. Hoffman 2020 University of Pennsylvania Carey Law School

The Irony Of Health Care’S Public Option, Allison K. Hoffman

Faculty Scholarship at Penn Law

The idea of a public health insurance option is at least a half century old, but has not yet had its day in the limelight. This chapter explains why if that moment ever comes, health care’s public option will fall short of expectations that it will provide a differentiated, meaningful alternative to private health insurance and will spur health insurance competition.

Health care’s public option bubbled up in its best-known form in California in the early 2000s and got increasing mainstream attention in the lead up to the 2010 health reform, the Patient Protection and Affordable Care Act ...


The Earned Income Tax Credit And Maternal Time Use: More Time Working And Less Time With Kids?, Jacob Bastian, Lance J. Lochner 2020 Rutgers University - Newark

The Earned Income Tax Credit And Maternal Time Use: More Time Working And Less Time With Kids?, Jacob Bastian, Lance J. Lochner

Upjohn Institute Working Papers

Parents spend considerable sums investing in their children’s development, with their own time among the most important forms of investment. Given well-documented effects of the Earned Income Tax Credit (EITC) on maternal labor supply, it is natural to ask how the EITC affects other time allocation decisions, especially time with children. We use the American Time Use Surveys to study the effects of EITC expansions since 2003 on time devoted to a broad array of activities, with considerable attention to the amount and nature of time spent with children. Our results confirm prior evidence that the EITC increases maternal ...


The Impact Of Covid-19 On Nebraska’S Nonprofits, John C. Beghin 2020 University of Nebraska-Lincoln

The Impact Of Covid-19 On Nebraska’S Nonprofits, John C. Beghin

Cornhusker Economics

This article describes the impact of COVID-19 on nonprofit organizations in Nebraska based on evidence gathered in two business surveys coordinated by a research consortium. The consortium is made of the State of Nebraska, the Nebraska Chamber of Commerce, the University of Nebraska (UNO, UNL) and several local project partners. Additional information was provided by the Nonprofits Association of the Midlands (NAM), through two surveys of its member-ship and interviews with core staff at NAM, to corroborate the survey results. The business surveys took place in April and June 2020 gathering response of 646 (April) and 137 (June) nonprofit entities ...


Tattoos In East Asia: Conforming To Individualism, Morgan MacFarlane 2020 University of Puget Sound

Tattoos In East Asia: Conforming To Individualism, Morgan Macfarlane

The Commons: Puget Sound Journal of Politics

Although Japan, South Korea, and China share a similar history of tattoo criminality spanning thousands of years, in modern times they all hold different legal policies concerning the practice of tattooing. South Korea has the strictest laws, requiring a medical doctorate to legally tattoo, while Japan has only recently reaffirmed the legality of the practice outside of health professionals. China, on the other hand, has few restrictions on body art. This paper explores this interesting difference via observational fieldwork in the major cities of Tokyo, Seoul, Shanghai and Beijing as well as interviews with local people within and outside the ...


Impacts Of The Covid-19 Pandemic And The Cares Act On Earnings And Inequality, Guido Matias Cortes, Eliza C. Forsythe 2020 York University and IZA

Impacts Of The Covid-19 Pandemic And The Cares Act On Earnings And Inequality, Guido Matias Cortes, Eliza C. Forsythe

Upjohn Institute Working Papers

Using data from the Current Population Survey (CPS), we show that the Covid-19 pandemic led to a loss of aggregate real labor earnings of more than $250 billion between March and July 2020. By exploiting the panel structure of the CPS, we show that the decline in aggregate earnings was entirely driven by declines in employment; individuals who remained employed did not experience any atypical earnings changes. We find that job losses were substantially larger among workers in low-paying jobs. This led to a dramatic increase in inequality in labor earnings during the pandemic. Simulating standard unemployment benefits and Unemployment ...


Uncertainty > Risk: Lessons For Legal Thought From The Insurance Runoff Market, Tom Baker 2020 University of Pennsylvania Carey Law School

Uncertainty > Risk: Lessons For Legal Thought From The Insurance Runoff Market, Tom Baker

Faculty Scholarship at Penn Law

Insurance ideas inform legal thought: from tort law, to health law and financial services regulation, to theories of distributive justice. Within that thought, insurance is conceived as an ideal type in which insurers distribute determinable risks through contracts that fix the parties’ obligations in advance. This ideal type has normative appeal, among other reasons because it explains how tort law might achieve in practice the objectives of tort theory. This ideal type also supports a restrictive vision of liability-based regulation that opposes expansions and supports cutbacks, on the grounds that uncertainty poses an existential threat to insurance markets.

Prior work ...


Land Use In Nevada: Counties And The Bureau Of Land Management (Blm), Elia Del Carmen Solano-Patricio, Kelliann Beavers, Caitlin J. Saladino, William E. Brown Jr. 2020 University of Nevada, Las Vegas

Land Use In Nevada: Counties And The Bureau Of Land Management (Blm), Elia Del Carmen Solano-Patricio, Kelliann Beavers, Caitlin J. Saladino, William E. Brown Jr.

Environment

This Fact Sheet compares land ownership in the State of Nevada, and its 17 counties. Drawn from an original report by Headwaters Economics, the figures and tables that follow provide each jurisdiction’s total land acreage, 2019 population estimates, and a breakdown of land ownership categories, including: private lands, federal lands, state lands, tribal lands, and land owned by cities, counties, or other jurisdictions.


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