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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 ...


We Can Use Machine Learning To Determine Which Financial Ratios Are Best For Investors, Collin Butterfield 2020 Utah State University

We Can Use Machine Learning To Determine Which Financial Ratios Are Best For Investors, Collin Butterfield

All Graduate Plan B and other Reports

This study develops and tests the hypothesis that the machine learning algorithm, Random Forests, can be used to systematically pick financial ratios that would be best for indicating market trends and be used subsequently to perform comparable analysis to speculate whether a firm is over- or under-valued. Results show that financial ratio selection differs depending on the market sector to which a firm pertains. We examine the 11 financial sectors representing the key areas of the economy. We also look at four possible trading strategies that an investor could have: month-long, quarter-long, semi-annual, and annual to capture differing trading horizons.


An Economic Comparison Of Two Leading Aquaponic Technologies Using Cost Benefit Analysis: The Coupled And Decoupled Systems, Grace M. Gibbons 2020 Utah State University

An Economic Comparison Of Two Leading Aquaponic Technologies Using Cost Benefit Analysis: The Coupled And Decoupled Systems, Grace M. Gibbons

All Graduate Theses and Dissertations

Aquaponics is an agricultural production practice which combines aquaculture, the raising of fish, and hydroponics, a soil-less crop production method, to create a system that symbiotically produces both. Compared to conventional open-field agriculture, this practice is highly resource efficient in terms of water and land usage, but has yet to be widely adopted due to a lack of research regarding its economic feasibility. This study compares the two most economically promising aquaponic system designs to determine which would be more profitable at the intermediate-commercial scale. The first of these is the coupled system which continuously circulates water in a closed ...


Neoliberal Development: Capability Deprivation And Barriers For Positive Mental Health, Kate Roscher 2020 University of Puget Sound

Neoliberal Development: Capability Deprivation And Barriers For Positive Mental Health, Kate Roscher

International Political Economy Theses

Market-based approaches to development can increase the prevalence of common mental disorders around the world. Since the 1980s, the Global North has pursued neoliberal policies and has encouraged countries in the Global South to do the same. And, while these policies focused on the liberalization of markets have led to significant economic growth, they have also challenged people’s emotional well-being. Proponents of neoliberalism, or a market-based approach, are willing to make sacrifices in order to benefit from the potential efficiency of unregulated capitalism. Negative trade-offs associated with neoliberalism include: (1) increased precarity in society, (2) the prevalence of neoliberal ...


Expanding The Capacity Of Rural Cancer Care With Teleoncology, Jason Semprini 2020 University of Iowa

Expanding The Capacity Of Rural Cancer Care With Teleoncology, Jason Semprini

Online Journal of Rural Research & Policy

Background: In the United States, 6 of the 25 leading causes of death stem from site-specific cancers, resulting in over 1.7 million deaths annually. Yet, this burden is not evenly distributed. While the incidence of cancer is significantly higher in urban areas, rural regions face higher rates of cancer mortality. Identifying the factors contributing rural cancer disparities can facilitate more effective and feasible policy solutions.’

Problem Definition: Rural Americans are geographically isolated from high-quality cancer services and face systemic barriers to NCI designated comprehensive cancer centers. Given this disparity, rural Americans have failed to fully realize the benefits of ...


Temperature Anomalies In A Simple Overlapping Generations Model, Chizua Mesigo 2020 University of Windsor

Temperature Anomalies In A Simple Overlapping Generations Model, Chizua Mesigo

Major Papers

The main aim of the paper is to examine the impact of temperature anomaly in an overlapping generations (OLG) model. The rise in temperature captured by the damage function has a direct effect on production. As temperature rises above the pre-industrial level, output and capital accumulation decline, making representative agent worse o as the lifetime utility declines. The result of the analysis predicts that a temperature anomaly of 2:5°C requires a consumption equivalent of 1.04 percent of GDP. The model further shows that the more dependent an economy is on capital, the more significant the losses will ...


Opportunity In Ohio: Rethinking Northeast Ohio's Opportunity Zones With Local Legislation, Patrick J. Lipaj 2020 Cleveland-Marshall College of Law

Opportunity In Ohio: Rethinking Northeast Ohio's Opportunity Zones With Local Legislation, Patrick J. Lipaj

Cleveland State Law Review

Welcome to Census Tract 1186.02! Here, in a small sliver of Cleveland’s Glenville neighborhood, tucked between Superior and Hough Avenues, you will uncover a lot. You will discover a rich history of the city’s ethnic and cultural roots. You will also find gang violence, underperforming schools, a median household income of $9,526, and a poverty rate of 66.5 percent. Something you will not find in 1186.02 is investment. Private or public, money is not flowing in to 1186.02 and it has not for a long time. The substantial toll of continuous underinvestment on ...


Impact Of Covid-19 On Demand For Distillers Grains From Livestock Operations, Daniel Gertner, Elliott Dennis 2020 University of Nebraska-Lincoln

Impact Of Covid-19 On Demand For Distillers Grains From Livestock Operations, Daniel Gertner, Elliott Dennis

Cornhusker Economics

Government and industry responses to COVID-19 cases have created a variety of unique situations in the agriculture industry. "Stay-at-home" orders forced consumers to be homebound, increasing the demand for food in grocery stores while reducing the need for food in restaurants. These caused a series of rapidly changing supply and demand conditions along the livestock supply chain. Meat destined for restaurants need to be repacked and reprocessed to make it compatible to sell in grocery stores. Meat packing plants continued to try to process harvest-ready animals, but a growing number of positive cases among plant workers forced idling, reduced plant ...


Employment Income Drops In More Low-Income Than High-Income Households In All States, Michael P. Ettlinger, Jordan Hensley 2020 University of New Hampshire - Main Campus

Employment Income Drops In More Low-Income Than High-Income Households In All States, Michael P. Ettlinger, Jordan Hensley

The Carsey School of Public Policy at the Scholars' Repository

Low-wage workers are being hit much harder in the COVID-19 economic crisis than higher wage workers. This is evident in the much greater job loss in lower wage industries than higher wage industries.


Principles Of Macroeconomics, Ernesto Garcia III 2020 CUNY City College

Principles Of Macroeconomics, Ernesto Garcia Iii

Open Educational Resources

No abstract provided.


Essays In Macroeconomics Of Emerging Markets, Miguel Acosta Henao 2020 The Graduate Center, City University of New York

Essays In Macroeconomics Of Emerging Markets, Miguel Acosta Henao

All Dissertations, Theses, and Capstone Projects

Chapter 1. Law enforcement and the size of the informal sector.

I assemble new cross-country evidence showing that contrary to the standard view, the relationship between the size of the informal sector and tax rates is, at best, ambiguous. Law enforcement and informality also show no clear relation. Motivated by these findings, I augment a standard two-sector (formal and informal) small open economy model with endogenous law enforcement that depends on the size of the informal sector (measured by its assets) and government expenditure. I use a micro-dataset from Colombia to show that both taxes and law enforcement are necessary ...


Essays In Financial Economics And Applied Macroeconomics, Marius Mihai 2020 The Graduate Center, City University of New York

Essays In Financial Economics And Applied Macroeconomics, Marius Mihai

All Dissertations, Theses, and Capstone Projects

This dissertation consists of three chapters that cover topics in finance and macroeconomics.

Chapter 1 - Do Credit Booms Predict U.S. Recessions?

This paper investigates the role of bank credit in predicting U.S. recessions since the 1960s in the context of a bivariate probit model. A set of results emerge. First, credit booms are shown to have strong positive effects in predicting declines in the business cycle at horizons ranging from six to nine months. Second, by isolating the effect of credit booms, I identify their contributions to recession probabilities which range between three and four percentage points at ...


Red Sea, White Tides, And Blue Horizons, John P. Devine 2020 The Graduate Center, City University of New York

Red Sea, White Tides, And Blue Horizons, John P. Devine

All Dissertations, Theses, and Capstone Projects

Eric Hobsbawm, in his effort to explain the fundamental divide which produced the Second World War, convincingly argues that “the crucial lines in this civil war were not drawn between capitalism as such and communist social revolution, but between ideological families: on the one hand the descendants of the eighteenth-century Enlightenment and the great revolutions including, obviously the Russian revolution’, on the other hand, its opponents.” This thesis argues that the American Civil War was a “great revolution” that represented a crucial transformative point in the formation of these two waring factions. The struggle was especially influential on the theory ...


Reclaiming Indiana: The Politics Of Crisis Amid The Failures Of Liberal Capitalist Modernity, Chris Grove 2020 The Graduate Center, City University of New York

Reclaiming Indiana: The Politics Of Crisis Amid The Failures Of Liberal Capitalist Modernity, Chris Grove

All Dissertations, Theses, and Capstone Projects

This ethnography examines grassroots political responses to the economic crisis that began in 2008, foremost in the US Midwest, which arguably laid the groundwork both for the election of President Donald Trump and presidential candidacy of Senator Bernie Sanders. President Obama launched his $787 billion stimulus plan in Elkhart, Indiana, in early 2009. At the height of the crisis, unemployment skyrocketed from four to 20 percent in Elkhart, and it became central to struggles over the political direction of the US. With few safety nets, Elkhart residents struggled to meet their basic needs, creating conditions for political organizing on both ...


Building Better Retirement Systems In The Wake Of The Global Pandemic, Olivia S. Mitchell 2020 The Wharton School, Univ. of PA

Building Better Retirement Systems In The Wake Of The Global Pandemic, Olivia S. Mitchell

Wharton Pension Research Council Working Papers

In the wake of the global pandemic known as COVID-19, retirees, along with those hoping to retire someday, have been shocked into a new awareness of the need for better risk management tools to handle longevity and aging. This paper offers an assessment of the status quo prior to the spread of the coronavirus, evaluates how retirement systems are faring in the wake of the shock. Next we examine insurance and financial market products that may render retirement systems more resilient for the world’s aging population. Finally, potential roles for policymakers are evaluated.


Identifying Latent Grouped Patterns In Cointegrated Panels, Wenxin HUANG, Sainan JIN, Liangjun SU 2020 Singapore Management University

Identifying Latent Grouped Patterns In Cointegrated Panels, Wenxin Huang, Sainan Jin, Liangjun Su

Research Collection School Of Economics

We consider a panel cointegration model with latent group structures that allows for heterogeneous long-run relationships across groups. We extend Su, Shi, and Phillips (2016, Econometrica 84(6), 2215-2264) classifier-Lasso (C-Lasso) method to the nonstationary panels and allow for the presence of endogeneity in both the stationary and nonstationary regressors in the model. In addition, we allow the dimension of the stationary regressors to diverge with the sample size. We show that we can identify the individuals' group membership and estimate the group-specific long-run cointegrated relationships simultaneously. We demonstrate the desirable property of uniform classification consistency and the oracle properties ...


Essays In Retirement Economics, Gunnar Poppe Yanez 2020 The Graduate Center, City University of New York

Essays In Retirement Economics, Gunnar Poppe Yanez

All Dissertations, Theses, and Capstone Projects

This dissertation consists of three chapters.

Chapter 1

The discrepancy between the high demand for annuities predicted by economic theory and the empirical low holdings of these assets, known as the annuity puzzle, is still not completely understood in economic studies of retirement finance. This paper assesses the effect of individuals' mortality risk learning process on annuitization. I isolate this effect by building a life-cycle model in which individuals have imperfect information of their true survival probability distribution, and therefore have to update their beliefs about it in a Bayesian manner. Using data on subjective mortality by the Health and ...


Deviance Information Criterion For Latent Variable Models And Misspecified Models, Yong LI, Jun YU, Tao ZENG 2020 Singapore Management University

Deviance Information Criterion For Latent Variable Models And Misspecified Models, Yong Li, Jun Yu, Tao Zeng

Research Collection School Of Economics

Deviance information criterion (DIC) has been widely used for Bayesian model comparison, especially after Markov chain Monte Carlo (MCMC) is used to estimate candidate models. This paper first studies the problem of using DIC to compare latent variable models when DIC is calculated from the conditional likelihood. In particular, it is shown that the conditional likelihood approach undermines theoretical underpinnings of DIC. A new version of DIC, namely DICL, is proposed to compare latent variable models. The large sample properties of DICL are studied. A frequentist justification of DICL is provided. Like AIC, DICL provides an asymptotically unbiased estimator to ...


The Economic Implications Of Eliminating Coal Subsidies In G7 Countries, Rachel M. Kim, Pradnaya S. Pathak 2020 University of Toronto Schools

The Economic Implications Of Eliminating Coal Subsidies In G7 Countries, Rachel M. Kim, Pradnaya S. Pathak

Undergraduate Economic Review

This paper analyzes the economic implications of eliminating coal subsidies in G7 countries (Canada, France, Germany, Italy, Japan, United Kingdom, United States) in light of the Paris Agreement and the 2009 commitment to addressing climate change. The study uses a computable general equilibrium (CGE) model and contains three different simulations: production subsidy removal, consumption subsidy removal, and both consumption and production subsidy removal in G7 nations. Three variables were analyzed: economic welfare, market price, and output quantity. The results obtained using the Global Trade Analysis Project (GTAP) indicate that coal price increases and output quantity decreases, while economic welfare varies.


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