An Examination Of The Stock Market's Effect On Economic Inequality, 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 ...
A Posterior-Based Wald-Type Statistic For Hypothesis Testing, 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 ...
Inversion Copulas From Nonlinear State Space Models With An Application To Inflation Forecasting, 2018 Melbourne Business School
Inversion Copulas From Nonlinear State Space Models With An Application To Inflation Forecasting, Michael S. Smith, Worapree Ole Maneesoonthorn
Michael Stanley Smith
Real-Time Macroeconomic Forecasting With A Heteroskedastic Inversion Copula, 2018 Melbourne Business School
Real-Time Macroeconomic Forecasting With A Heteroskedastic Inversion Copula, Ruben Loaiza-Maya, Michael S. Smith
Michael Stanley Smith
The Political Framing Of Public Policies: An Analysis Of Act 10 In Wisconsin, 2018 Lawrence University
The Political Framing Of Public Policies: An Analysis Of Act 10 In Wisconsin, David Brooker
Lawrence University Honors Projects
Political framing of public policy is typically different than the actual effects of the policy. In the case of Act 10 there was an extremely negative perception from teachers in the state of Wisconsin especially when it came to their salaries despite little empirical difference in salaries. Wisconsin’s Act 10, which altered the state’s public-sector collective bargaining laws, provides a natural experiment to test the political framing of public policy. A survey was conducted of teachers across the state of Wisconsin to determine their opinions regarding Act 10 and salary data from Wisconsin and Missouri were collected for ...
The Economic Impacts Of A U.S. Withdrawal From Nafta: A Cge Analysis, 2018 University of Toronto Schools
The Economic Impacts Of A U.S. Withdrawal From Nafta: A Cge Analysis, Jonathan Liu
Undergraduate Economic Review
The aim of this study is to examine the economic impacts of a U.S. withdrawal from the North American Free Trade Agreement (NAFTA) on Canada, Mexico and the United States. The shocks simulate scenarios in which the U.S instates penalizing tariff rates on NAFTA countries, a trade war between NAFTA members and a tariff reset to the WTO MFN rates. The effects of these tariff structures are analyzed under the framework of a computable general equilibrium (CGE) model with a focus on macroeconomic variables and welfare. The findings show that, in all iterations, Mexico’s economy takes a ...
Empirical Essays In Household Economics, 2018 Southern Methodist University
Empirical Essays In Household Economics, Hao Li
Economics Theses and Dissertations
This dissertation is consist of three empirical studies in economics. The first part empirically examines the effect of universal pre-k on labor force participation of fertility age women in Oklahoma. I investigate the policy effect from both theoretical and empirical perspectives. I apply the synthetic control method (SCM) to the Current Population Survey (CPS) data to identify the causal relationship between universal pre-k and female labor outcomes. I find that universal pre-k increases labor supply of women aged 25 to 45 in Oklahoma. The second empirical study focuses on how the birth outcomes of US children respond to exposure to ...
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 ...
Do Climate Shocks Affect Smallholder Farmers’ Conservation Practices? Evidence From Peru, 2018 The University of San Francisco
Do Climate Shocks Affect Smallholder Farmers’ Conservation Practices? Evidence From Peru, Heleene Tambet
Peruvian agriculture is estimated to be subject to the greatest impacts of climate change in South America. Resulting shifts in rainfall patterns and extreme temperature realizations impose more frequent abnormal weather shocks on farmers and their production decisions. I study the impact of such shocks on agricultural practice choices of farmers growing two main staples, maize and potato; namely, I analyze adoption of practices reducing soil degradation, practices aimed towards water conservation, and application of inorganic fertilizer. I utilize unique cross-sectional data from Peru National Agricultural Survey over the years 2014 to 2016 in conjunction with long-term climate data, and ...
The Impact Of Goal Settings And Self-Help Groups To Support Small Businesses: Experimental Evidence Using Female Entrepreneurs In Abuja Nigeria., 2018 The University of San Francisco
The Impact Of Goal Settings And Self-Help Groups To Support Small Businesses: Experimental Evidence Using Female Entrepreneurs In Abuja Nigeria., Nneoma Nwobilor
Approximately 57% of women in Nigeria from age 15-64 are involved in some form of employment, but there are still 17 million unemployed women (World Bank, 2016). Most of these women are involved in informal entrepreneurship due to external constraints. According to the World Bank, women who have no access to schooling are forced to find informal work to provide for themselves and their families. This study aims to analyze the effectiveness of goal settings and support groups on small businesses among female small-scale business owners in Abuja Nigeria. The research conducted uses the experimental design created by the Family ...
Patriarchal Norms, Bargaining, And Gendered Attitudes On Intimate Partner Violence, 2018 The University of San Francisco
Patriarchal Norms, Bargaining, And Gendered Attitudes On Intimate Partner Violence, Anna Eckenrode
How do the underlying mechanisms of social norms and bargaining power relate to the acceptance of intimate partner violence within households? How do short run and long run determinants of gender norms affect attitudes toward IPV? This study begins to decompose the dynamics of the acceptance of IPV within couples using data from the Demographic Health Survey, as well as examine the relationship in the context of patriarchal societies using data from the Ethnographic Atlas. I find that females are more accepting than males of intimate partner violence, and females becoming more educated is associated with her being less accepting ...
Using Monetary Incentives To Support Female Entrepreneurship: An Experimental Test Of Monetary Incentives In Abuja, Nigeria, 2018 University of San Francisco
Using Monetary Incentives To Support Female Entrepreneurship: An Experimental Test Of Monetary Incentives In Abuja, Nigeria, Imuetinyan Aiguwurhuo
Gender gaps in entrepreneurship are a major problem everywhere, but especially in developing countries like Nigeria. Women across the world face high levels of discrimination and abuse. The process of empowering women in a society has the potential to boost economic growth and development. Inspired by the success of the Family Independence Initiative (FII), we designed a field experiment to estimate the impact of using monetary incentives to motivate female entrepreneurs in achieving their goals in collaboration with the National Center for Women Development (NCWD) in Abuja, Nigeria. Our results suggest that being in a peer support group, setting a ...
The Pricing Impact Of The Decreasing Competitiveness Of The Health Insurance Market, 2018 The University of Tennessee, Knoxville
The Pricing Impact Of The Decreasing Competitiveness Of The Health Insurance Market, Lauren N. Patterson
EURēCA: Exhibition of Undergraduate Research and Creative Achievement
The Affordable Care Act created the national insurance exchanges of qualified health plans to encourage a higher insured rate, larger risk pools, and lower prices for quality health coverage. Consolidation of insurers can have opposing effects. The insurers’ risk pools will grow, allowing insurers to better hedge for risk. However, consolidation decreases the prevalence of competition in the market, and past research shows that insurer consolidation decreases market competition and increases prices.
I examine how the number of plans offered in a set market, pricing components, and county health variables impact the monthly premium pricing of plans sold on the ...
Political Accountability And Determinants Of Governance Under Principal-Agent Theory, 2018 The University of Southern Mississippi
Political Accountability And Determinants Of Governance Under Principal-Agent Theory, Matthew Bluem
This study examines the theory that quality of governance is largely dependent upon political accountability, and that the effect of political accountability on governance varies based on three main determinants: level of democracy, level of information available to the public, and diversification of the economy (Adserà et al. 2003). With quality of governance, represented by the World Bank’s World Governance Indicators (WGI), as the dependent variable, this study considers how these three independent variables, and several control variables, affect governance quality. Incorporating data from 2010 – 2015 for 143 countries in both cross-sectional OLS and fixed effects panel regression analysis ...
Pricing In The Coffee Industry: An Econometric Model Of Prices To Growers, 2018 University of Wyoming
Pricing In The Coffee Industry: An Econometric Model Of Prices To Growers, Alex Belser
Honors Theses AY 17/18
Abstract: This paper examines the relationship between the price in the global commodity market for coffee and the prices growers receive at farmgate level. A dataset containing pricing information for fifteen producing countries is used to help explain the role of world prices and retail prices in determining the prices growers receive. A fixed effects regression model is used conduct a hypothesis test on the significance of global coffee prices. Global coffee market prices and average worldwide retail prices are shown to have a significant effect on farmgate prices for farmers. Potential implications of this linkage in the coffee sector ...
Examining The Impact Of Education On Diabetes Rates, 2018 University of North Carolina at Chapel Hill
Examining The Impact Of Education On Diabetes Rates, Mackenzie Bogiages
Undergraduate Economic Review
Diabetes rates are a problem of growing concern in the U.S. Over 30 million people in the U.S. have been diagnosed with diabetes, and over 90 percent of that group has the largely preventable type 2 diabetes. In order to thwart the disease that costs the U.S. $245 billion a year, the populations most susceptible to diabetes need to be identified and educated. Using data from MEPS, education and several other factors have been identified and their relationships with diabetes have been analyzed to target at risk populations and outline tactics to educate those in dire need ...
Impact Of Online Shopping On Shopping Malls, 2018 State University of New York College at Buffalo - Buffalo State College
Impact Of Online Shopping On Shopping Malls, Xaioxing Yan
Applied Economics Theses
The growth of e-retail has been a major discussion in the shopping characteristics of contemporary society. This has been a major concern as people strive to relate the exponential growth of online shopping to the recent decline in the growth of shopping malls. Various studies have significantly investigated the growth of online shopping and have always mentioned the impact of online shopping on shopping malls to be a negative one. This study focuses on testing that hypothesis. By exploring the possible relationship between certain factors such as the number of shopping malls and the percentage increase in online shopping retail ...
Does Debt Matter?, 2018 State University of New York College at Buffalo - Buffalo State College
Does Debt Matter?, Luhan Li
Applied Economics Theses
National debt is a popular topic, since people have a lot of different views on national debt. For example, many people think that there is a positive relationship between national debt and GDP per capita. In other words, the national debt has also increased with the growth of GDP per capita. However, some people feel that there is an inverse relationship between them, so much so that the topic has been discussed. Based on my interest in this topic, I decided to discuss this question. This paper will discuss their influence and importance by analyzing national debt, GDP per capita ...
The Impact Of Macroeconomic Factors On The Price Of Gold, 2018 State University of New York College at Buffalo - Buffalo State College
The Impact Of Macroeconomic Factors On The Price Of Gold, Yunhao Sun
Applied Economics Theses
My thesis is that macro factors have been important to the change of the gold price, but have had a differential impact in three factors: Gross Global Product (GGP), real interest rate, and U.S. dollar index (USDI). I estimated the 1st difference of the gold model to determine the impact of macro factors on the price of gold per quarter. The model was estimated using the OLS approach the sample size was 148. I make use of data from Federal Reserve Bank of St. Louis economic data. The result was that 1st difference model had statistically insignificant ...
The Pricing Impact Of Decreasing Competitiveness Of The Health Insurance Market, 2018 The University of Tennessee, Knoxville
The Pricing Impact Of Decreasing Competitiveness Of The Health Insurance Market, Lauren N. Patterson
University of Tennessee Honors Thesis Projects
No abstract provided.