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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 ...


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.


Innovation, Firm Size Distribution, And Gains From Trade, Yi-Fan CHEN, Wen-Tai HSU, Shin-Kun PENG 2018 Singapore Management University

Innovation, Firm Size Distribution, And Gains From Trade, Yi-Fan Chen, Wen-Tai Hsu, Shin-Kun Peng

Research Collection School Of Economics

We study a trade model with monopolistic competition a la Melitz (2003) that is standard except that firm heterogeneity is endogenously determined by firms innovating to enhance their productivities. We show that the equilibrium productivity and firm-size distributions exhibit power-law tails under rather general conditions on demand and technology. In particular, the emergence of the power laws is essentially independent of the underlying primitive heterogeneity among firms. We investigate the model’s welfare implications, and conduct a quantitative analysis of welfare gains from trade. We find that, conditional on the same trade elasticity and values of the common parameters, our ...


Transactive Energy Design For Integrated Transmission And Distribution Systems, Hieu Trung Nguyen, Swathi Battula, Rohit Reddy Takkala, Zhaoyu Wang, Leigh Tesfatsion 2018 Iowa State University

Transactive Energy Design For Integrated Transmission And Distribution Systems, Hieu Trung Nguyen, Swathi Battula, Rohit Reddy Takkala, Zhaoyu Wang, Leigh Tesfatsion

Economics Working Papers

The increasing deployment of distributed energy resources (DERs) is disrupting every aspect of power system operations, from retail distribution to wholesale production and transmission. This paper reports on the development of an agentbased test system enabling the study of new transactive energy system (TES) designs to ensure the reliable efficient operation of integrated transmission and distribution (ITD) systems with growing DER penetration. This ITD test system is used to explore the ability of a non-profit Distribution System Operator (DSO), participating within an ITD system, to use an innovative TES design to manage the power usage of DER devices in accordance ...


Effects Of Senate Bill 4 On Wage-Theft: Why All Workers Are At Risk In Low-Income Occupations, Daniella Salas-Chacon 2018 St. Mary's University School of Law

Effects Of Senate Bill 4 On Wage-Theft: Why All Workers Are At Risk In Low-Income Occupations, Daniella Salas-Chacon

The Scholar: St. Mary's Law Review on Race and Social Justice

Abstract forthcoming


A Look At Inequality, Workers’ Rights, And Race, William E. Spriggs 2018 University of Minnesota Law School

A Look At Inequality, Workers’ Rights, And Race, William E. Spriggs

Law & Inequality: A Journal of Theory and Practice

No abstract provided.


The Economics Of Immigration Reform, Howard F. Chang 2018 University of Pennsylvania Law School

The Economics Of Immigration Reform, Howard F. Chang

Faculty Scholarship

In this article, I draw upon economic theory and recent empirical work on the economic and fiscal effects of immigration to evaluate some recent proposals for immigration reform in terms of their effects on the economic welfare of natives in the United States. In particular, I consider the Reforming American Immigration for a Strong Economy (RAISE) Act, a bill that would cut immigration to half of its current level. President Donald Trump has endorsed the RAISE Act and has insisted that many of its provisions be part of any legislation legalizing the status of unauthorized immigrants granted relief under the ...


Income Inequality, Productivity, And International Trade, Wen-Tai HSU, Lin LU, Pierre PICARD 2018 Singapore Management University

Income Inequality, Productivity, And International Trade, Wen-Tai Hsu, Lin Lu, Pierre Picard

Research Collection School Of Economics

This paper discusses the effect of income inequality on selection and aggregate productivity in a general equilibrium model with non-homothetic preferences. It shows the existence of a negative relationship between the number and quantity of products consumed by an income group and the earnings of other income groups. It also highlights the negative effect of a mean-preserving spread of income on aggregate productivity through the softening of firms’ selection. This effect is however mitigated in the presence of international trade. In a quantitative analysis, it is shown that an excessively large mean-preserving spread of income may harm the rich as ...


Poverty In New York City: Consumption Expenditure As A Poverty Predictor, Michael Lomtevas 2018 CUNY Baruch College

Poverty In New York City: Consumption Expenditure As A Poverty Predictor, Michael Lomtevas

Student Theses

This thesis seeks to replicate the findings of a 2012 study published by Meyer and Sullivan in the Journal of Economic Perspectives using data provided by the Columbia University Longitudinal Wellness Survey. That study found that a poverty measure based on consumption predicted material hardship better than both the Official (OPM) and Supplemental Poverty Measures (SPM). This was found to be the case because a well-constructed consumption poverty measure (CPM) captures in-kind benefits that the OPM neglects. Such a measure also avoids issues inherent in the SPM that arise from respondents underreporting their income and includes the ability to consume ...


One Team: A Historical Analysis Of Inequalities Between Men's And Women's Professional Soccer, Allyson O. Braciska 2018 College of the Holy Cross

One Team: A Historical Analysis Of Inequalities Between Men's And Women's Professional Soccer, Allyson O. Braciska

Gender, Sexuality and Women's Studies Student Scholarship

The United States Soccer Federation (U.S.S.F.) governs the sport of soccer at the youth recreational, teen elite, and adult professional levels, and is one of the few organizations in the country that governs both the men’s and women’s sides of the respective sport. This paper examines differences between U.S. men's and women's soccer at the adult professional and identifies areas of discrimination based on gender. Inequalities experienced by women coaches and players include wage disparity, a lack of television broadcasting space, differences in sponsorships and media portrayal of players, unequal playing and ...


Interactions Between Non-Discrimination Laws And Socioeconomic Status Of Sexual Minorities, Nicholas Carrino 2018 University of Pennsylvania

Interactions Between Non-Discrimination Laws And Socioeconomic Status Of Sexual Minorities, Nicholas Carrino

Honors Theses (PPE)

At its core, this project analyzes the interactions between state non-discrimination laws and the socioeconomic status of same-sex households in the United States. There is a large body of work examining the earnings gap for sexual minorities, but there is a dearth in studies looking at the effect of such protective laws. Using annual American Community Survey (ACS) data from 2000 to 2016, we examine the personal total income, household income, and unemployment in the ten states experiencing relevant reform. This study has two main findings. First, we confirm that sexual minorities experience substantial earnings differences, finding that lesbian women ...


Speech Excerpts: Tax Cuts For Families And The Forgotten Middle Class, 2018 University of North Florida

Speech Excerpts: Tax Cuts For Families And The Forgotten Middle Class

Saffy Collection Textual

Excerpt from speeches by Governor Bill Clinton regarding his position on tax cuts for families and the middle class. Printed on Bill Clinton for President Committee letterhead. No date given.


The Effect Of Non-Contributory Pensions On Labour Supply And Private Income Transfers: Evidence From Singapore, Yanying CHEN, Yi Jin TAN 2018 Singapore Management University

The Effect Of Non-Contributory Pensions On Labour Supply And Private Income Transfers: Evidence From Singapore, Yanying Chen, Yi Jin Tan

Research Collection School Of Economics

Non-contributory pensions are becoming increasingly prevalent worldwide. As their effects are likely to be context-dependent, evaluating their effects in a wide range of settings is important for establishing the external validity of the non-contributory pension literature. We use a new monthly panel dataset and a difference-in-differences strategy to study the effect of a new non-contributory pension in Singapore (the Silver Support Scheme or SSS) on labour supply, work expectations, private cash transfers, and expenditure, 1 year after its implementation. We find no evidence that receiving SSS payouts led to a fall in labour supply, work expectations, or the receipt of ...


Does Migration Cause Income Inequality?, Pia M. Orrenius, Madeline Zavodny 2018 Federal Reserve Bank of Dallas

Does Migration Cause Income Inequality?, Pia M. Orrenius, Madeline Zavodny

Mission Foods Texas-Mexico Center Research

Inequality has been rising across the world in recent decades. Latin America has been an exception to what otherwise seems to be the prevalent trend in the U.S., Europe and Asia. In the U.S. the rise in inequality since the 1970s has coincided with the rise in Mexican immigration. In Mexico, inequality has been declining since the mid-1990s, a period during which emigration to the U.S. first increased to historic highs and then declined steeply.

Our review of the literature suggests that low-skilled immigration to the U.S., much of it from Mexico, has only played a ...


¿La Migración Causa Desigualdad De Ingresos?, Pia M. Orrenius, Madeline Zavodny 2018 Federal Reserve Bank of Dallas

¿La Migración Causa Desigualdad De Ingresos?, Pia M. Orrenius, Madeline Zavodny

Mission Foods Texas-Mexico Center Research

La desigualdad ha aumentado en décadas recientes a lo largo del mundo. Latinoamérica ha sido una excepción a lo que, por lo demás, parece ser la tendencia prevalente en los Estados Unidos, Europa y Asia. En los Estados Unidos, la acentuación de la desigualdad desde los años 1970 ha coincidido con el aumento de la migración mexicana. En México, la desigualdad ha disminuido desde mediados de la década 1990, periodo durante el que la emigración a los Estados Unidos se elevó, primero a niveles nunca antes visto, para luego declinar de manera abrupta.

Nuestra revisión bibliográfica sugiere que la inmigración ...


Do State Marginal Tax Rates Lower State Labor Productivity?, Joseph E. McPhail, Peter F. Orazem, Rajesh Singh, Rick Stammer 2018 Federal Deposit Insurance Corporation

Do State Marginal Tax Rates Lower State Labor Productivity?, Joseph E. Mcphail, Peter F. Orazem, Rajesh Singh, Rick Stammer

Economics Working Papers

There are substantial differences in output per job across states that have persisted over time. This study demonstrates that in the context of a neoclassical growth model, differences in marginal tax rates on income from capital investment, capital ownership, and consumption will lead to persistent differences in labor productivity across states. Conversely, taxes on wages will not alter labor productivity. These theoretical predictions are supported by data on state marginal tax rates and output per job over the 1981- 2015 sample period. Over that period, the mix of state marginal tax rates lower labor productivity by an average of 15 ...


The Gender Wage Gap And The "Motherhood" Effect, Adrianna DeCicco 2018 Merrimack College

The Gender Wage Gap And The "Motherhood" Effect, Adrianna Decicco

Honors Senior Capstone Projects

This paper discusses the gender pay gap and how motherhood is a major factor toward the inequalities in the workplace. For this paper, the wage gap is defined as the difference between men and women’s yearly income consisting of hourly or salary wages, overtime, benefits and bonuses. It should be noted that men earn more in every category of work, even the categories that are female-dominated professions.


An Examination Of Sectoral Growth’S Impact On Income Inequality In The United States, Josh Paton 2018 Bryant University

An Examination Of Sectoral Growth’S Impact On Income Inequality In The United States, Josh Paton

Honors Projects in Economics

This paper is threefold in purpose; it aims to explore the relationship between the growth of manufacturing and service sectors and income inequality, determine if GDP growth helps reduce income inequality, and establish the existence of the Kuznets Curve from 1967-2017. The data supports an inverse relationship between growth in the manufacturing sector and income inequality however is not sufficient enough to conclude growth in the manufacturing sector impacts income inequality. Growth of GDP is shown to decrease income inequality which supports the notion that “a rising tide lifts all boats” and makes everyone better off than before. The positive ...


Consciente O Inconsciente: El Rol De La Educación En La Formación De Una Conciencia Social Y Colectiva En La Juventud Chilena / Conscious Or Unconscious: The Role Of Education In Forming A Social And Collective Awareness In Chilean Youth, Samsara Davalos Reyes 2018 SIT Study Abroad

Consciente O Inconsciente: El Rol De La Educación En La Formación De Una Conciencia Social Y Colectiva En La Juventud Chilena / Conscious Or Unconscious: The Role Of Education In Forming A Social And Collective Awareness In Chilean Youth, Samsara Davalos Reyes

Independent Study Project (ISP) Collection

Esta investigación explorará la formación de una conciencia social y colectiva en la juventud chilena y los distintas causas que contribuyen a su creación como los es la educación. En la última década se ha visto el surgir de una multitud de movilizaciones estudiantiles y ferviente espíritu militante que llaman a investigar, que impulsa de forma individual y colectiva a que uno tome conciencia y se movilice. Es por eso que este estudio observó tres clases de historia además de entrevistar a nueve estudiantes y 3 docentes en liceos históricos y/o emblemáticos en la comuna de Santiago y técnico ...


Spatial Effects Of Foreign Direct Investment (Fdi) On Poverty Reduction In Colombia: A Mixed Methods Approach, Mayra Alejandra Yat Aguilar 2018 Western Michigan University

Spatial Effects Of Foreign Direct Investment (Fdi) On Poverty Reduction In Colombia: A Mixed Methods Approach, Mayra Alejandra Yat Aguilar

Master's Theses

Foreign direct investment (FDI) has been identified as an important factor in stimulating economic growth and decreasing poverty. In particular, the relationship between FDI and economic growth has been extensively debated in the academic literature but with mixed results. Meanwhile, considerably less work has been done towards investigating the effects of FDI on poverty reduction. Evidence from the limited research linking on FDI and poverty levels is also mixed. Through a more comprehensive survey-based multi-scale method of assessing poverty, this empirical study investigates the contribution of FDI with respect to concurrent quantitative and qualitative assessment of changes in living standards ...


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