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The Political Economy Of Comparable Worth: The Iowa Case 1983-1987, Peter Orazem, J. Peter Mattila 2016 Iowa State University

The Political Economy Of Comparable Worth: The Iowa Case 1983-1987, Peter Orazem, J. Peter Mattila

Peter Orazem

Comparable worth pay plans have been inplemented in several states since the early 1980's. We examine the case of comparable worth in Iowa, as proposed in 1984 and as actually implemented (in compromise form) in 1985 and as adjusted as a result of the appeals process in 1987, In particular, we identify the relative winners and losers from comparable worth by analyzing the impact on earnings for males, females, minorities, unionized ^ployees and particular occupational groups such as supervisors and professionals. In addition, we are able to determine whether the relationships between the State pay structure and variables such ...


Efficient Market Responses To Error- Ridden Money Supply Announcements, Peter Orazem, Barry Falk 2016 Iowa State University

Efficient Market Responses To Error- Ridden Money Supply Announcements, Peter Orazem, Barry Falk

Peter Orazem

This study introduces a model of optimal market response to announced estimates of changes in economic aggregates when the estimates are known to be subject to error. We show that under fairly general conditions, rational economic agents will not take the announcements at face value, but will attempt to extract their own perception of the true change conditional on the announcement. Ignoring this signal extraction process can lead to incorrect conclusions regarding the behavioral response of asset prices to money supply shocks. The model is shown to be consistent with the data on the response of interest rates to money ...


The Effect Of Household Financial, Time And Environmental Constraints On Very Low Food Security Among Children, Helen H. Jensen, Oleksandr Zhylyevskyy 2016 Iowa State University

The Effect Of Household Financial, Time And Environmental Constraints On Very Low Food Security Among Children, Helen H. Jensen, Oleksandr Zhylyevskyy

Helen Jensen

Food insecurity is detrimental to children’s well-being. A better understanding of factors contributing to low and very low food security among children in the United States can guide the design of food assistance programs. We analyze the effects of household characteristics and local food environment attributes, including food prices and availability of food stores and eating places, on children’s food insecurity. We also investigate the effects of these characteristics and attributes on food preparation time. Using Becker’s household production approach, we propose an economic model that formalizes the use of constrained financial and time resources in the ...


Profile Of Poverty In Zambia Based On The 1991 Household Expenditure And Incomes Survey, Helen H. Jensen, Brian Gilmore Luckett 2016 Iowa State University

Profile Of Poverty In Zambia Based On The 1991 Household Expenditure And Incomes Survey, Helen H. Jensen, Brian Gilmore Luckett

Helen Jensen

Many government programs supported by the Government of Zambia and world donor organizations are designed to alleviate poverty. Accordingly it is important for assistance program design, implementation, and evaluation to have a clear and accurate concept of this condition and its prevalence. This paper indentifies the extent of poverty in Zambia and reports a profile of low-income households that might be used for tarteting assistance programs to the poort. The data used to extimate poverty levels come from the Zambian Household Expenditurea nd Incomes Survey (HEIS) conducted in June 1991.


Production, Consumption, And Labor Supply Decisions Of Farm Households: A Review Of The Evidence For North America, Wallace E. Huffman 2016 Iowa State University

Production, Consumption, And Labor Supply Decisions Of Farm Households: A Review Of The Evidence For North America, Wallace E. Huffman

Wallace Huffman

Agriculture in North America is. highly integrated with the other sectors of the economy through markets for farm inputs,' farm products, consumer goods, and labor; During the early 1950s, and to a-iesser-extent during the early 1980s, farm households incomes were depressed-relative to nonfarm household incomes. The reasons"were primarily that the-'supply curve for agricultural products had been shifting faster due to rapid technical change than the demand curve-arid real wage rates-had been rising"in the nonfarm sector, especially during the 1940s and 1950s. For labor to be fully enqjloyed and farm labor; to earn its opportunity return compared to ...


Return Migration As An Individual's Optimal Utility Maximizing Behavior, Yang Li, Wallace E. Huffman 2016 Iowa State University

Return Migration As An Individual's Optimal Utility Maximizing Behavior, Yang Li, Wallace E. Huffman

Wallace Huffman

The paper presents a model of location behavior of a multi-period finite-life utility maximizing individual who consumes leisure, purchased goods, and local amenities and is retired in the final period of life and empirical evidence from a hazard rate analysis using micro-data on return migration for ^erto Rican bom males who worked in the United States during the 1980s. An individual is modeled as considers staying in his home country or migrating to a host country. We show that it is optimal to migrate in the first period or to stay at in the home country. Given that migration occurs ...


Testing Stochastic Convergence Amongst Mexican States: A Polynomial Regression Analysis, Vicente German-Soto, Natalia Salazar Garza 2016 Autonomous University of Coahuila

Testing Stochastic Convergence Amongst Mexican States: A Polynomial Regression Analysis, Vicente German-Soto, Natalia Salazar Garza

Vicente German-Soto

Another look on the economic convergence among Mexican states is offered examining whether they are approaching along 1940-2010. Methodology is based on polynomial regressions, a method that determines whether predictions can be significantly improved by increasing the complexity of the fitted straight-line model. Estimates from a set of polynomial terms are a theoretical approximation to income differentials, so it constitutes an adequate frame to analyze if different initial conditions tend to diminish in the long-run. We calibrate for each economy the polynomial equation of best adjustment supported in information criteria and a strategy of backward iterative elimination. Empirical results are ...


Testing Stochastic Convergence Amongst Mexican States: A Polynomial Regression Analysis, Vicente German-Soto, Natalia Salazar Garza 2016 Autonomous University of Coahuila

Testing Stochastic Convergence Amongst Mexican States: A Polynomial Regression Analysis, Vicente German-Soto, Natalia Salazar Garza

Vicente German-Soto

Another look on the economic convergence among Mexican states is offered examining whether they are approaching along 1940-2010. Methodology is based on polynomial regressions, a method that determines whether predictions can be significantly improved by increasing the complexity of the fitted straight-line model. Estimates from a set of polynomial terms are a theoretical approximation to income differentials, so it constitutes an adequate frame to analyze if different initial conditions tend to diminish in the long-run. We calibrate for each economy the polynomial equation of best adjustment supported in information criteria and a strategy of backward iterative elimination. Empirical results are ...


Inequality And Financialization, Oscar C. Soons 2016 University of Rhode Island

Inequality And Financialization, Oscar C. Soons

Senior Honors Projects

This paper analyzes economic inequality in the United States and makes a connection between rising inequality and “Financialization” since the 1970’s. I provide an overview of how and why income and wealth inequality have changed over time. The increase in inequality since the 1970’s is correlated with an increase in Financialization, measured by a Financialization index that I created. Financialization, defined as the increasing size, power and influence of the financial sector in the economy and politics, has changed the economic and political landscape in the United States in a way that increases economic inequality.


Income Inequality, Incarceration, And Black-White Poverty Rate Differentials, Conor B. Stanhope 2016 St. John Fisher College

Income Inequality, Incarceration, And Black-White Poverty Rate Differentials, Conor B. Stanhope

The Review: A Journal of Undergraduate Student Research

This paper attempts to analyze and isolate the effects of income inequality on the difference between poverty rates amongst the Black and White population by state in 2010, using each state’s GINI coefficient estimate as the inequality measurement. In addition, the author proposes an alternative income distribution measurement to try and further interpret the effects of a particular state’s income allocation on its poverty rate differential. This paper will also discuss, and attempt to quantify, other factors that could affect disparity in poverty rates between Black and White Americans, such as incarceration rates. The author finds that there ...


The Benefits Of Child Contact While In Prison On Educational Program Participation And Employment Outcomes, Deshane Velasquez 2016 Georgia State University

The Benefits Of Child Contact While In Prison On Educational Program Participation And Employment Outcomes, Deshane Velasquez

Georgia State Undergraduate Research Conference

No abstract provided.


The Golden Straightjacket Is Out Of Style, Lacey Germana 2016 Wright State University

The Golden Straightjacket Is Out Of Style, Lacey Germana

Best Integrated Writing

Germana’s review of Thomas Friedman’s The Lexus and the Olive Tree provides careful summary and critique of Friedman’s argument and passionately calls for a balance between increased standards of living and careful stewardship of the earth.


The Distribution Of Globalized Power, Rachel Canter 2016 Wright State University

The Distribution Of Globalized Power, Rachel Canter

Best Integrated Writing

Canter reviews Thomas Friedman’s The Lexus and the Olive Tree and observes the dissonance between our notions of globalization and global society; she offers an alternate worldview that pays respect to regional cultures and values.


Economic Freedom And Quality Of Life Impacts: A Comparison, Rachel S. Bauer 2016 Liberty University

Economic Freedom And Quality Of Life Impacts: A Comparison, Rachel S. Bauer

Senior Honors Theses

The “invisible hand” is a concept foundational to the argument for free market economics, and so is hotly debated. One measure of whether or not the free market is a successful economic model is the quality of life of a country’s residents. Quality of life can be assessed through the areas of housing, labor, health, and education. Economic indicators and quality of life statistics for Hong Kong, the United States, China, and Venezuela appear to prove that there is a correlation between quality of life and economic freedom, as defined by the Heritage Foundation’s Index of Economic Freedom ...


La Evolución Del Bienestar, Rodrigo Garcia-Verdu 2016 International Monetary Fund

La Evolución Del Bienestar, Rodrigo Garcia-Verdu

Rodrigo Garcia-Verdu

Reseña del libro de Angus Deaton, El gran escape. Salud, riqueza y los orígenes de la desigualdad, Fondo de Cultura Económica, México, 2015.


The Engines Of Inequality, Maurizio Franzini, Mario Pianta 2016 Selected Works

The Engines Of Inequality, Maurizio Franzini, Mario Pianta

Mario Pianta

In Europe and in the United States one of  the  legacies of the economic and financial crisis will no doubt be a high and particularly worrying economic inequality. Inequality has roots that go well beyond the 2008 collapse, but the stagnation that has followed it has made disparities in income and wealth more serious and more difficult to eradicate. Actually, the challenge of high inequality – in particular in European countries and the United States - has attracted a large attention, with important studies – such as those by Stiglitz (2012) and Piketty (2013) – and growing policy concerns by international institutions such as ...


Domestic Outsourcing Reduces Wages And Contributes To Rising Inequality, Johannes Schmieder, Deborah Goldschmidt 2016 Boston University

Domestic Outsourcing Reduces Wages And Contributes To Rising Inequality, Johannes Schmieder, Deborah Goldschmidt

Employment Research Newsletter

No abstract provided.


Citizen Wellbeing And Gdp: Towards More Appropriate Measures Of Namibia's Success And Progress, Justine Braby Dr, Jessica-Jane Lavelle, Johannes Mulunga, Newman Nekwaya, Fikameni Mathias, Angula Angula 2016 Progress Namibia TAS

Citizen Wellbeing And Gdp: Towards More Appropriate Measures Of Namibia's Success And Progress, Justine Braby Dr, Jessica-Jane Lavelle, Johannes Mulunga, Newman Nekwaya, Fikameni Mathias, Angula Angula

Journal of Social Change

Developing nations like Namibia are aiming to industrialize much like developed nations and use the gross domestic product to measure their progress. However, this development path has been largely unsustainable. For Namibia to develop into a sustainable society, a different approach is needed. This study aimed to find entry points toward such an approach. Surveys were conducted in Windhoek, Namibia's capital, to measure human well-being. Generally, as is expected in a developing country, well-being correlated positively along the income line. However, the indicators did illustrate that a more holistic measure would go a long way toward more effective development ...


Wage Insurance As A Policy Option In The United States, Stephen A. Wandner 2016 W.E. Upjohn Institute, Urban Institute

Wage Insurance As A Policy Option In The United States, Stephen A. Wandner

Upjohn Institute Working Papers

Wage insurance is a program that attempts to help permanently displaced workers transition to employment rapidly, effectively, and equitably. Because displaced workers have been found to suffer substantial earnings losses when they become reemployed, a wage insurance program provides a temporary wage supplement that partially reduces the wage loss experienced by targeted, newly reemployed workers. While participating workers receive a “wage supplement,” the program is called “wage insurance” because of its design as a social insurance program rather than an income transfer program. This paper provides a discussion of the development of wage insurance as a policy option in the ...


Social Justice And Worker Cooperatives, Gurveer Shaan Dhillon 2016 Wilfrid Laurier University

Social Justice And Worker Cooperatives, Gurveer Shaan Dhillon

Theses and Dissertations (Comprehensive)

Social Justice (SJ) is an organizing principle of contemporary community psychology (CP); however, the concept and understanding of social justice in community psychology is undertheorized and narrow. Specifically, the concept of distributive justice, which has been a popular notion of social justice in community psychology discourse, does not translate well into transformative action. In order to address this issue, the research uses a qualitative approach to explore the understanding of social justice from the perspectives of worker-members of 5 worker cooperatives in Ontario, with the aim to contribute to an understanding of SJ that has transformative implications. A worker cooperative ...


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