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International Migration In Macro-Perspective: Bringing Power Back In, Marcel Paret, Shannon Gleeson 2018 University of California - Berkeley

International Migration In Macro-Perspective: Bringing Power Back In, Marcel Paret, Shannon Gleeson

Shannon Gleeson

This paper challenges the inward looking perspective of recent immigration research by situating migration to the United States within a global and historical context. This macro-stratification perspective breaks out of the confines of national contexts to explore how international migration is shaped by global power divides. We argue that in order to fully understand international migration, it is necessary to account for both the emergence of global power structures and the historical domination of Europe. We develop our argument by first outlining the significance of global power divides, with a particular focus on the United States. We then demonstrate how ...


Spring 2018 Economics Newsletter, Economics Department 2018 St. Cloud State University

Spring 2018 Economics Newsletter, Economics Department

Economics Newsletter

No abstract provided.


Prophylactic Merger Policy, Herbert J. Hovenkamp 2018 University of Pennsylvania Law School

Prophylactic Merger Policy, Herbert J. Hovenkamp

Faculty Scholarship

An important purpose of the antitrust merger law is to arrest certain anticompetitive practices or outcomes in their “incipiency.” Many Clayton Act decisions involving both mergers and other practices had recognized the idea as early as the 1920s. In Brown Shoe the Supreme Court doubled down on the idea, attributing to Congress a concern about a “rising tide of economic concentration” that must be halted “at its outset and before it gathered momentum.” The Supreme Court did not explain why an incipiency test was needed to address this particular problem. Once structural thresholds for identifying problematic mergers are identified there ...


The Effect Of Network Ethnic Segregation On Wage Formation: The Case Of Sri-Lankan Immigrants In The City Of Milan, Italy, Luca De Benedictis, Valerio Leone Sciabolazza, Raffaele Vacca 2018 University of Florida

The Effect Of Network Ethnic Segregation On Wage Formation: The Case Of Sri-Lankan Immigrants In The City Of Milan, Italy, Luca De Benedictis, Valerio Leone Sciabolazza, Raffaele Vacca

Luca De Benedictis

This paper delves into well-known results on the positive effects of social networks on job search in immigrant communities, to explore the informational content provided by social networks of acquaintances and its effects on the economic attainment of Sri Lankan immigrants in Milan, Italy. Using data from a 2012 survey on personal networks and daily activity spaces of Sri Lankan immigrants in Milan, we analyze co-location and intersection of activity spaces to reconstruct the socio-centric network of likely acquaintances of interviewed immigrants. We then derive an inverse measure of the extent to which a Sri Lankan immigrant is exposed to ...


Dorothy Moser Medlin Papers - Accession 1049, Dorothy Moser Medlin 2018 Winthrop University

Dorothy Moser Medlin Papers - Accession 1049, Dorothy Moser Medlin

Manuscript Collection

(The Dorothy Moser Medlin Papers are currently in processing.)

This collection contains most of the records of Dorothy Medlin’s work and correspondence and also includes reference materials, notes, microfilm, photographic negatives related both to her professional and personal life. Additions include a FLES Handbook, co-authored by Dorothy Medlin and a decorative mirror belonging to Dorothy Medlin.

Major series in this collection include: some original 18th century writings and ephemera and primary source material of André Morellet, extensive collection of secondary material on André Morellet's writings and translations, Winthrop related files, literary manuscripts and notes by Dorothy Medlin (1966-2011 ...


Outlaw Heaven: Why States Become Tax Havens, Charles A. Dainoff 2018 University of Kentucky

Outlaw Heaven: Why States Become Tax Havens, Charles A. Dainoff

Theses and Dissertations--Political Science

It is the argument of this dissertation that states become tax havens as a conscious economic development strategy. These states – more properly referred to as "jurisdictions" because some lack the sovereignty of the traditional Westphalian state – do not have the natural resources or the population to pursue more traditional economic development strategies, but they do have the ability to write or implement laws that create a virtual resource: banking secrecy. These jurisdictions are able to carry out this strategy because they tend to be well-governed, stable, and relatively wealthy, making them attractive partners for the international banking, legal, and accounting ...


The Cultural Legacy Of Communism In Entrepreneurship: Entrepreneurial Perceptions And Activity In Central And Eastern Europe, Amy Wu 2018 Claremont McKenna College

The Cultural Legacy Of Communism In Entrepreneurship: Entrepreneurial Perceptions And Activity In Central And Eastern Europe, Amy Wu

CMC Senior Theses

Using data from the Global Entrepreneurship Monitor, this paper examines differences in entrepreneurial perceptions (fear of failure, opportunity perception, self-efficacy, public opinion) between CEE and non-CEE countries, before and after the 2008 recession, as well as the effects of these perceptions on entrepreneurial motivation and overall levels of activity. The results suggest that CEE countries have systematically more pessimistic outlooks in terms of fear of failure and opportunity perception, but no difference from non-CEE countries in self-efficacy and public opinion. Additionally, most of the difference in fear of failure and opportunity perception, along with an increase in necessity-motivated entrepreneurship, comes ...


The Effects Of Recreational Marijuana Legislation On The Opioid Epidemic In Washington State, Steven Dickerson 2018 Claremont McKenna College

The Effects Of Recreational Marijuana Legislation On The Opioid Epidemic In Washington State, Steven Dickerson

CMC Senior Theses

This paper analyzes the impact of the 2012 legalization of recreational marijuana in Washington State on opioid abuse. Using synthetic control methodology, this paper finds that the legislation prevented 638 overdose deaths and lead to over 3,600 individuals seeking treatment for opioid abuse disorders. Due to the large health, social, and economic impacts of the opioid epidemic, further research should be conducted into ways to reduce the number of opioid prescriptions, the number of opioid overdoses, and opioid abuse generally.


Is Avocado Toast The Reason I'M Still Living With My Parents?, Brendan MacDonald 2018 Claremont McKenna College

Is Avocado Toast The Reason I'M Still Living With My Parents?, Brendan Macdonald

CMC Senior Theses

Is avocado toast the reason that I am still living with my parents? In other words, does the consumption of avocado toast, or more specifically eating out in general, have any impact on one’s ability to be a homeowner. In May of 2017, an Australian real estate developer by the name of Tim Gurner was asked to provide advice to young people who could not afford to purchase a home. He responded by saying, “when I was trying to buy my first home, I wasn’t buying smashed avocado for $19 and four coffees at $4 each,” (Victor, 2017 ...


The Conditional Spatial Correlations Between Racial Prejudice And Racial Disparities In The Market For Home Loans, Nolan Kopkin 2018 University of Wisconsin - Milwaukee

The Conditional Spatial Correlations Between Racial Prejudice And Racial Disparities In The Market For Home Loans, Nolan Kopkin

Africology Faculty Articles

Many studies have shown the existence of disparities in loan denial rates between blacks and whites that cannot be accounted for by observable applicant characteristics. Examining the link between racial gaps in home loan denial rates and prejudicial attitudes toward blacks measured by questions in the General Social Survey, this article shows that blacks are not only more likely to be denied conventional home mortgages but that denial rates among blacks for these loans are also geographically correlated with racial prejudice, particularly among first-lien home purchase loans and loans from depository lenders. However, among Federal Housing Administration-insured loans guaranteed by ...


Going Undrafted: Survival Of Undrafted Free Agents And Seventh Round Draft Picks In The Nfl, Trey Smith 2018 Claremont McKenna College

Going Undrafted: Survival Of Undrafted Free Agents And Seventh Round Draft Picks In The Nfl, Trey Smith

CMC Senior Theses

Over the years there have been a lot of undrafted free agents that have had successful careers in the NFL. The monopsony structure for rookies entering the NFL and the fact that undrafted free agents get to pick what team they play for suggests that there is an advantage in not getting picked in the draft. To explore this possibility, this paper compares the probabilities of remaining in the NFL for undrafted free agents and seventh round draft picks through logit regressions and survival analysis. In doing so, this paper describes the processes the NFL takes in order to find ...


Are Volatility Expectations In Different Countries Interdependent? A Data-Driven Solution To Structural Var Identification For Implied Equity Volatility Indices, Timothy H. de Silva 2018 Claremont McKenna College

Are Volatility Expectations In Different Countries Interdependent? A Data-Driven Solution To Structural Var Identification For Implied Equity Volatility Indices, Timothy H. De Silva

CMC Senior Theses

Over the past couple of decades, the number of volatility indices has increased rapidly. These indices seek to represent the market’s expectation of realized volatility over the coming month, based on the prices of options traded on each underlying equity index. Although the dynamics of realized volatility spillover have been studied extensively, very few studies exists that examine the spillover between these volatility indices. By using DAG-based structural vector autoregression, this paper provides evidence that implied volatility spillover differs from realized volatility spillover. Through solving the well-known VAR identification problem for these indices, this paper finds that Asia, more ...


Determining Factors Of Risk Tolerance: Evidence From Fantasy Football Snake Drafts, Nicholas Obrand 2018 Claremont McKenna College

Determining Factors Of Risk Tolerance: Evidence From Fantasy Football Snake Drafts, Nicholas Obrand

CMC Senior Theses

This paper utilizes fantasy football snake drafts to analyze risk tolerance of individuals who are trying to maximize their present and future utility, but are faced with unknown factors and only have limited resources. Fantasy football provides a unique perspective on risk tolerance, different than the commonly researched fields of auctions, financial portfolios, and lotteries. I examine mock draft data from Fantasy Football Calculator as well as rankings data from Fantasy Pros to gauge the amount of risk associated with each draft pick. I find that the more perceived uncertainty that is connected to an individual selection, the more likely ...


The Effect Of Fast Food Restaurants On Type 2 Diabetes Rates, Grace Bailey 2018 Claremont McKenna College

The Effect Of Fast Food Restaurants On Type 2 Diabetes Rates, Grace Bailey

CMC Senior Theses

This paper conducts an analysis of county level data to determine the effect of fast food restaurants on type 2 diabetes rates. Due to endogeneity concerns with respect to the location of fast food restaurants, this paper follows the work of Dunn (2010) and uses the number of interstate exits in a given county to serve as an instrument for fast food restaurants. The strength of the instrument, which is theoretically and empirically tested in this paper, imposes some restraints on the interpretation of the findings. Using the Two-Stage Least Squares estimation method, I find that the presence of fast ...


Ipo Underpricing And Insider Wealth Maximization In Internet Firms, Bhavika Booragadda 2018 Claremont McKenna College

Ipo Underpricing And Insider Wealth Maximization In Internet Firms, Bhavika Booragadda

CMC Senior Theses

This paper empirically tests the theoretical model developed by Aggarwal, Krigman and Womack (2001), which argues that insiders of a firm strategically underprice its initial public offering to maximize personal wealth by selling shares at lockup expiration. First day underpricing generates information momentum for the stock in terms of increased research coverage and recommendations by analysts. Increased research coverage is positively correlated with stock returns and insider selling at the end of the lockup period. Although the value of the stock should be typically based on discounted expected future cash flows, several empirical papers suggest a downward sloping demand curves ...


The Mall Ain’T Dead Yet! An Aristotelian Argument For The Continuation Of Physical Retail Space With The Rise Of Modern Technology, Tarah Gilbreth 2018 Claremont McKenna College

The Mall Ain’T Dead Yet! An Aristotelian Argument For The Continuation Of Physical Retail Space With The Rise Of Modern Technology, Tarah Gilbreth

CMC Senior Theses

According to Aristotle, for a human being to live their best life, that is a life that flourishes, is to live a political life. A political life is lived best in a polis , or a self - sufficient community, so therefore, the most flourishing human life is one lived in a polis . Also, for a polis to be self - sufficient, its citizens must be flourishing, so there exists a special sort of constitutive relationship between the polis and its citizens. There are certain capacities available to human beings in the polis that promote their flourishing (namely loyalty and trust) that help ...


Northeast Minnesota Economic And Business Conditions Report Third Quarter 2017, King Banaian, Richard A. MacDonald 2018 St. Cloud State University

Northeast Minnesota Economic And Business Conditions Report Third Quarter 2017, King Banaian, Richard A. Macdonald

Northeast Minnesota Economic and Business Conditions Report

Steady economic growth in Northeast Minnesota is expected over the next several months according to the predictions of the Northeast Minnesota Index of Leading Economic Indicators (LEI). Two of the five components of the LEI increased as the overall index rose 2.59 points in the third quarter. An improvement in a supply managers’ survey and lower initial jobless claims in the region helped lift this quarter’s index.

There were 491 new business filings with the Office of the Minnesota Secretary of State in Northeast Minnesota in the third quarter of 2017 — representing a 2.5 percent increase from ...


Central Minnesota Economic And Business Conditions Report Third Quarter 2017, King Banaian, Richard A. MacDonald 2018 St. Cloud State University

Central Minnesota Economic And Business Conditions Report Third Quarter 2017, King Banaian, Richard A. Macdonald

Central Minnesota Economic and Business Conditions Report

The pace of economic growth in the Central Minnesota planning area is expected to slow over the next several months according to predictions of the Central Minnesota Index of Leading Economic Indicators (LEI). The leading index fell by 3.28 points in the most recent period, with two components producing negative readings. A decline in a general measure of statewide business conditions and a recent slowing of St. Cloud area residential building permits contributed to this quarter’s decline in the LEI. On the positive side were an uptick in national durable goods orders, lower regional initial jobless claims, and ...


Southeast Minnesota Economic And Business Conditions Report Third Quarter 2017, King Banaian, Richard A. MacDonald 2018 St. Cloud State University

Southeast Minnesota Economic And Business Conditions Report Third Quarter 2017, King Banaian, Richard A. Macdonald

Southeast Minnesota Economic and Business Conditions Report

Despite a decline in the Southeast Minnesota Index of Leading Economic Indicators (LEI), strong economic fundamentals are expected to continue to drive positive economic performance in the southeast portion of the state over the next several months. After a quarter in which the LEI fell by 1.25 points, the third quarter leading index contracted by 8.11 points as several index components recorded negative values. A rise in initial claims for unemployment benefits, a smaller number of residential building permits in Rochester, decreased new filings of incorporation and LLC in the Southeast Minnesota planning area, and a decline in ...


Southwest Minnesota Economic And Business Conditions Report Third Quarter 2017, King Banaian, Richard A. MacDonald 2018 St. Cloud State University

Southwest Minnesota Economic And Business Conditions Report Third Quarter 2017, King Banaian, Richard A. Macdonald

Southwest Minnesota Economic and Business Conditions Report

Steady economic growth in Southwest Minnesota is expected over the next several months according to the predictions of the St. Cloud State University Southwest Minnesota Index of Leading Economic Indicators (LEI). Two of four LEI components were positive in the third quarter. An increase in residential building permits in the Mankato MSA and lower jobless claims in Southwest Minnesota contributed favorably to the LEI in the third quarter. A decrease in new business filings of incorporation and LLC and a weaker rural Minnesota economic outlook weighed on the leading index in the current quarter. After falling by a revised 4 ...


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