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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 ...


Gettysburg Social Sciences Review Fall 2018, 2018 Gettysburg College

Gettysburg Social Sciences Review Fall 2018

Gettysburg Social Sciences Review

No abstract provided.


Winning The Lottery: How Family Background Shapes Where Kids Go To School, Shelby Robertson 2018 Marian University - Indianapolis

Winning The Lottery: How Family Background Shapes Where Kids Go To School, Shelby Robertson

Undergraduate Research Symposium (URS)

No abstract provided.


An Examination Of The Stock Market’S Effect On Economic Inequality, Nicholas J. Golina 2018 The University of Akron

An Examination Of The Stock Market’S Effect On Economic Inequality, Nicholas J. Golina

Undergraduate Economic Review

The literature on economic inequality has shown that stock markets can negatively impact aggregate demand because it indicates a higher concentration of wealth in the hands of the top 10% as opposed to the middle class. The stock market could be one of the factors leading to increased inequality. This study contributes to the literature by analyzing stock markets in OECD countries. Building on Tsountas et al (2015), the results showed that stock markets can have a positive impact on inequality, but with weak economic significance. It is recommended that policymakers should focus on factors that more greatly impact inequality.


Mapping Quality Of Life In Nebraska: The Geographic Distribution Of Poverty, Grant Daily, Rodrigo Cantarero, Maria Rosario de Guzman, Soo-Young Hong, Sarah Taylor, Aileen Garcia, Jeong-Kyun Choi, Yan Ruth Xia 2018 University of Nebraska-Lincoln

Mapping Quality Of Life In Nebraska: The Geographic Distribution Of Poverty, Grant Daily, Rodrigo Cantarero, Maria Rosario De Guzman, Soo-Young Hong, Sarah Taylor, Aileen Garcia, Jeong-Kyun Choi, Yan Ruth Xia

Aileen Garcia

Headings:

What is poverty?

Federal definitions of poverty: the poverty line

General poverty and poverty brackets

Poverty and vulnerable populations

Child poverty (under 18 years)

Young child poverty (0 - 5 years)

School age poverty (6 - 17 years)

Elderly poverty (65+)

Comparing child, adult, and elderly poverty

Minority poverty

Key points

Nebraska vs. United States

Geographic distribution

Poverty in children and the elderly

Poverty rates for racial/ethnic minorities

References


Determinants Of Usaid Spending, Austin J. Moser 2018 Illinois State University

Determinants Of Usaid Spending, Austin J. Moser

Stevenson Center for Community and Economic Development to Stevenson Center for Community and Economic Development—Student Research

This paper examines the determinants of USAID’s foreign aid disbursements from 2002-2016. Three noteworthy findings emerge. First, USAID foreign aid is based more on political considerations rather than the policies of recipient countries. Second, foreign aid is determined by location and political history. Third, this pattern emerges across all categories of USAID disbursements.


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.


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 ...


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 ...


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.


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 ...


Don’T Worry Be Happy: Analysis Of Happiness As An Economic Measurement, Kofi Boadu 2018 University of San Francisco

Don’T Worry Be Happy: Analysis Of Happiness As An Economic Measurement, Kofi Boadu

Master's Theses

Everyone wants to be happy. Happiness however never seems to be a national goal. A possible answer is that happiness is subjective and on its own may not be reflective of the economic status of a country. Therefore, should people’s happiness should be treated equally with other traditional economic measurements? This cross-country level study looks at the relationship between happiness and traditional economic measurements; mainly GDP per capita. Questions concerning whether GDP per capita indeed captures the overall well-being of a citizen and happiness’ eligibility as an economic measurement are addressed. Findings confirm that happiness and GDP per capita ...


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.


¿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 ...


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 ...


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 ...


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