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Complexity, Diversity And Integration: Evidence From Recent Us Immigration, Noé Wiener 2022 University of Massachusetts Amherst

Complexity, Diversity And Integration: Evidence From Recent Us Immigration, Noé Wiener

Economics Department Working Paper Series

This article proposes alternative measures of immigrant integration founded in information theory. By considering differences in the heterogeneity of outcomes between immigrants and natives, the proposed measures provide robust and non-parametric estimates of the extent to which cohorts remain defined by their national origin. Integration is furthermore premised on equality in the association between economic characteristics and incomes, so that other factors can begin to shape outcomes for im-migrants and natives alike. Results for successive immigrant cohorts in the post-war era are presented using Census income data for the United States. The speed by which the mark of migration on …


The Leveling Spirit: Violence And Inequality In Postwar Iraq, Griffin Perrault 2022 Bucknell University

The Leveling Spirit: Violence And Inequality In Postwar Iraq, Griffin Perrault

Honors Theses

The Iraq War (2003–2011) constitutes by some estimates one of the deadliest and most destructive conflicts of the 21st century (Hagopian et al., 2013). In addition to the disputed figures of excess violent civilian casualties––generally ranging from 180,000 to 210,000 deaths––the war has created one of the major refugee crises of modern times, with 1 in 25 Iraqis estimated to have been displaced from their homes by the 2003 invasion (Costs of War, 2021). While much of this violence has been wrought by American and Iraqi coalition troops, violence against civilians has also been perpetuated by insurgent groups and paramilitary …


A Stepping-Stone? An Analysis Of How The Minimum Wage Impacts The Wage Growth Of Individuals In Monopsonistic Industries, Levi McAtee 2022 Bowdoin College

A Stepping-Stone? An Analysis Of How The Minimum Wage Impacts The Wage Growth Of Individuals In Monopsonistic Industries, Levi Mcatee

Honors Projects

Do minimum wage increases serve as stepping-stones to higher-paying jobs for low-pay workers? This paper analyzes the impact of state minimum wage policy on the one-year wage growth rates of individuals across the wage distribution and whether that impact changes for individuals in highly monopsonistic industries. I review the recent literature on the disemployment effect, the impact of the minimum wage on wage growth rates, the nature of monopsonistic industries, and the relationship between the minimum wage and monopsony power. I offer theoretical reasons why the minimum wage may impact the wage growth rates of individuals in monopsonistic industries differently …


From American Dream To American Reality: The Effect Of Educational Expenditures On Intergenerational Mobility And The Great Gatsby Curve, Isabel Krogh 2022 Bowdoin College

From American Dream To American Reality: The Effect Of Educational Expenditures On Intergenerational Mobility And The Great Gatsby Curve, Isabel Krogh

Honors Projects

Income inequality and intergenerational mobility are two common measures of economic fairness in society. While they measure distinct ideas, they are significantly related in an inverse way across countries as well as across regions in the United States. This relationship is illustrated on the Great Gatsby Curve. Unequal access to education is one factor that has been found to drive the negative relationship between these two measures and therefore create the negatively sloping Great Gatsby Curve. Therefore, creating more equal access to education, such as through government spending, could lessen the connection between these two factors. The primary purpose of …


Are Hispanics Less Likely To Receive Vocational Rehabilitation Services?, Alberto Migliore, John Shepard 2022 UMass

Are Hispanics Less Likely To Receive Vocational Rehabilitation Services?, Alberto Migliore, John Shepard

All Institute for Community Inclusion Publications

In the US, 16% of people with cognitive disabilities self-report to be of Hispanic ethnicity (US Census Bureau, FY 2020). However, among people with intellectual disabilities who received vocational rehabilitation services, only 11% (-5%) are Hispanic (N = 32,823, RSA911, FY2020).


Growth Cycles In Mature And Dual Economies, Peter Skott 2022 University of Massachusetts - Amherst

Growth Cycles In Mature And Dual Economies, Peter Skott

Economics Department Working Paper Series

Mature economies may experience fluctuations, but the average medium and long run growth rate matches the natural rate. Like Kaldor's neo- Keynesian models, the Marx-Goodwin tradition explains this outcome by endogenizing the distribution of income and assuming that the accumulation of capital is increasing as a function of the profit share. The application of Goodwin cycles to developing economies may be hard to justify, however. The modified Goodwin models in this paper include relative-wage norms as a central element of wage formation. Norms change endogenously, leading to path dependence (hysteresis) in the stationary solution for the employment share of the …


Income And Happiness: A Commentary, Edsel L. Beja Jr 2022 Department of Economics, Ateneo de Manila University

Income And Happiness: A Commentary, Edsel L. Beja Jr

Economics Department Faculty Publications

The paper discusses five items pertinent to Palanca-Tan (2021) – namely, Easterlin paradox, Easterlin hypothesis, happiness-income model, happiness survey question, and happy poor. The goal is to offer clarification and to help enrich the understanding of readers of Palanca-Tan.


Engaging Aspirations To Nurture Communities, Kentaro Toyama 2022 Loyola Marymount University and Loyola Law School

Engaging Aspirations To Nurture Communities, Kentaro Toyama

Subsistence Marketplaces

For subsistence communities, the question is whether aspirations can be applied to motivate behavior that is, on the one hand consistent with people’s aspirations, but which might otherwise be difficult to elicit. Could poorer households be encouraged to save, to spend more on their children’s education, or to act against unhealthy social norms? A couple of examples suggest this is not only possible, but highly successful in contexts where other appeals fail.


Investigating The Impacts Of Monetary Policy On Income Inequality In Developed Nations: Case Study Of The Euro Area, Japan And The United States, Hector Martinez Garcia 2022 Eastern Illinois University

Investigating The Impacts Of Monetary Policy On Income Inequality In Developed Nations: Case Study Of The Euro Area, Japan And The United States, Hector Martinez Garcia

Masters Theses

This paper tries to evaluate the effect that unconventional monetary policy has had on income inequality for the set of Eurozone countries, the United States and Japan using an unbalanced panel data model over the period from 1980 to 2021, first jointly and then individually, using different regressions for each case. Based on the regression model analyzed, the study attempts to analyze the relationship between money supply and income inequality as measured by the Gini index using fixed effects and random effects for our panel data model. The study reveals the importance of the money supply variable in reducing inequality …


The Socio-Economic Factors Of Poverty: Empirical Evidence From District Lasbela, Balochistan, Fida Muhammad, Parvez Ahmed Shaikh, Hazrat Yousaf 2022 Applied Economics Research Centre, University of Karachi

The Socio-Economic Factors Of Poverty: Empirical Evidence From District Lasbela, Balochistan, Fida Muhammad, Parvez Ahmed Shaikh, Hazrat Yousaf

Business Review

Poverty is defined as a lack of basic necessities for survival. The current study examines the socio-economic factors that contribute to poverty in five of the district of Lasbela's nine tehsils, namely (Bela, Dureji, Hub, Sonmiani, and Uthal. Lasbela is Balochistan's tenth most deprived district, located near Karachi. The data for this study is cross-sectional and contributed from the project's 2014 Base Line Survey (BLS, 2014). The Logit model was used to evaluate the variables under study in order to achieve the study goal. According to our empirical findings, the average daily income in this district was less than $1.50. …


Geographic Banking Discrimination In The United States, Simon Ross Gilbert 2022 Claremont Colleges

Geographic Banking Discrimination In The United States, Simon Ross Gilbert

CMC Senior Theses

Financial institutions in the United States have historically discriminated against Black Americans in a multitude of ways. One potential dynamic of unequal access that remains understudied is geographic in nature. That is, are commercial banks less likely to locate in neighborhoods with more Black people? Using a fixed effects and selection on observables model, I find that a 1 percentage point increase in an area’s Black population is related to a 0.11 decrease in the number of commercial banks in that area. This effect is localized primarily in urban areas, particularly in cities in the Mid-Atlantic, Upper Midwest, and Pacific …


Exploring The Generational Evolution Of Black-White Wage Inequality Across Geographic Regions Of The United States, Rachel Scharff-Hansen 2022 Claremont Colleges

Exploring The Generational Evolution Of Black-White Wage Inequality Across Geographic Regions Of The United States, Rachel Scharff-Hansen

CMC Senior Theses

Wages of black men trail those of their white counterparts despite decades of generational socio-political change. This paper examines the extent to which the black-white wage gap has evolved from individuals born in the Baby Boomer (births between 1956 and 1964) to the Millennial (births between 1977 and 1995) generation, an era assumed to reflect great shifts in anti-racist sentiments and opportunities in the late 20th century. Despite presumed progressive attitudes developed in this time period, I find that the black-white wage differential of the labor market in its whole has worsened from black earnings lagging 28.1% behind white …


Economic Propaganda In The United States, Brooklyn Montgomery 2022 Claremont McKenna College

Economic Propaganda In The United States, Brooklyn Montgomery

CMC Senior Theses

This thesis aims to identify and analyze three different forms of economic propaganda: cultural, structural, and political. I first examine ‘Do What You Love’ culture and its impact on the labor force. Chapter Two explores the propagation of neoliberal economics as an objective study, and the final chapter analyzes the use of Black capitalism as a political mechanism to quell Black radical sentiment. In detailing these phenomenons, I investigate the implementation, normalization, and effects, as well as the material repercussions of these ideas and structures.


Scarcity Or Economic Insecurity? Two Yardsticks For Measuring Capitalism’S Performance, Costas Panayotakis 2021 CUNY New York City College of Technology

Scarcity Or Economic Insecurity? Two Yardsticks For Measuring Capitalism’S Performance, Costas Panayotakis

Publications and Research

This article argues that capitalism’s relationship to economic insecurity is as important for the evaluation of that system as its relationship to scarcity. Critically analyzing the neoclassical and Marxist focus on capitalism’s relationship to scarcity, the article describes how capitalism’s relationship to economic insecurity offers a more cogent elaboration of these traditions’ shared belief that the economic system should serve people. In particular, while critical of the neoclassical portrayal of capitalism as a system using scarce resources efficiently, this paper also argues, against Marxism, that an alternative to capitalism might be preferable even if scarcity is not abolished.


The Effect Of A Financial Crisis On Household Finances: A Case Study Of Iceland’S Financial Crisis, Axel Hall, Andri S. Scheving, Gylfi Zoega 2021 Reykjavik University

The Effect Of A Financial Crisis On Household Finances: A Case Study Of Iceland’S Financial Crisis, Axel Hall, Andri S. Scheving, Gylfi Zoega

Journal of Financial Crises

Iceland experienced a financial crisis in 2008–2009 when its banking system collapsed, the currency lost half its value, most businesses became technically insolvent, house prices fell, and household debt increased due to indexation to foreign currencies or the price level. This paper tells the story of the crisis and maps the losses to households using a dataset from tax returns that includes all taxpayers in the country and contains the value of housing, mortgage debt, disposable income, and net worth. For relative losses in net worth, the results show that families with children, especially those with parents aged between 24 …


A Study On Impact Of Library Resource Utilisation And Ict Literacy On Earning Of The Post-Graduate Students Of Assam, India, Arnob Paul, Masuma Ahmed 2021 Department of Economics, Rajiv Gandhi University, Arunachal Pradesh

A Study On Impact Of Library Resource Utilisation And Ict Literacy On Earning Of The Post-Graduate Students Of Assam, India, Arnob Paul, Masuma Ahmed

Library Philosophy and Practice (e-journal)

Information and communication technology, or ICT, is a broad term for information technology that emphasises the importance of unified communications and telecommunications integration, as well as intelligent building management systems and audio-visual systems in modern information technology. ICT refers to all technical tools that are used to manage data and facilitate communication. It consists of computer and network hardware, as well as software and required applications. With the increasing demand for information and communication technology literacy among the young students, it is important to know the impact of ICT literacy on the level of part time income of the students. …


“Golden Ages”: A Tale Of The Labor Markets In China And The United States, Hanming Fang, Xincheng Qiu 2021 University of Pennsylvania

“Golden Ages”: A Tale Of The Labor Markets In China And The United States, Hanming Fang, Xincheng Qiu

Population Center Working Papers (PSC/PARC)

We study the labor markets in China and the United States, the two largest economies in the world, by examining the evolution of their cross-sectional age-earnings profiles during the past thirty years. We find that, first, the peak age in the cross-sectional age-earnings profiles, which we refer to as the “golden age,” stayed almost constant at around 45-50 in the U.S., but decreased sharply from 55 to around 35 in China; second, the age-specific earnings grew drastically in China, but stayed almost stagnant in the U.S.; third, the cross-sectional and life-cycle age-earnings profiles were remarkably similar in the U.S., but …


Livelihood And Happiness In A Resource (Natural And Cultural)-Rich Rural Municipality In The Philippines, Rosalina Palanca-Tan, Sheila Bayog 2021 Ateneo de Manila University

Livelihood And Happiness In A Resource (Natural And Cultural)-Rich Rural Municipality In The Philippines, Rosalina Palanca-Tan, Sheila Bayog

Economics Department Faculty Publications

This paper looks at the economic and welfare conditions of residents in Lake Sebu, a largely rural but natural and cultural resource-rich municipality in Southern Mindanao in the Philippines. Two notions of welfare are used in the study: economic welfare, measured in terms of household income and vulnerability to hunger; and social welfare, measured in terms of self-reported happiness. The study uses primary data collected through a household survey and analyzed with statistical and econometric procedures (tests of difference between sub-populations; and ordinary least squares, binary probit, and ordered logistic regressions). The results suggest mixed implications of abundant natural and …


Housing Affordability Index: Mountain West Cities, November 2021, Olivia K. Cheche, Joshua Padilla, William E. Brown Jr. 2021 University of Nevada, Las Vegas

Housing Affordability Index: Mountain West Cities, November 2021, Olivia K. Cheche, Joshua Padilla, William E. Brown Jr.

Housing & Real Estate

This fact sheet highlights data on the median household income, median home price, estimated monthly mortgage and taxes, and share of income used for homeownership in fifteen Mountain West housing markets, as originally outlined in the “RealtyHop Housing Affordability Index: November 2021” report. The RealtyHop report analyzes the affordability of housing markets for the 100 most populous cities in the United States.


Investment Patterns In Mountain West States, Counties, And Nevada Cities 2005-2019, Peter Grema, Zachary Walusek, Katie M. Gilbertson, William E. Brown Jr. 2021 University of Nevada, Las Vegas

Investment Patterns In Mountain West States, Counties, And Nevada Cities 2005-2019, Peter Grema, Zachary Walusek, Katie M. Gilbertson, William E. Brown Jr.

Economic Development & Workforce

The purpose of this fact sheet is to summarize findings on capital flows across Mountain West states and counties, and within Nevada cities. The “Gauging Investment Patterns across the US” report by the Urban Institute present findings of overall volume of capital deployed, racial equity of investments, and income equity for each respective geographic area. The full report further breaks down these three main categories into 18 other metrics.


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