Digital Commons Network^™

Normalizing Community Mask-Wearing: A Cluster Randomized Trial In Bangladesh, Jason Abaluck, Laura H. Kwong, Ashley Styczynski, Ashraful Haque, Md. Alamgir Kabir, Ellen Bates-Jeffries, Emily Crawford, Jade Benjamin-Chung, Salim Benhachmi, Shabib Raihan, Shadman Rahman, Neeti Zaman, Peter J. Winch, Md. Maqsud Hossain, Hasan Mahmud Reza, Stephen P. Luby, Ahmed Musfiq Mobarak

Cowles Foundation Discussion Papers

Background: A growing body of scientific evidence suggests that face masks can slow the spread of COVID-19 and save lives, but mask usage remains low across many parts of the world, and strategies to increase mask usage remain untested and unclear. Methods: We conducted a cluster-randomized trial of community-level mask promotion in rural Bangladesh involving 341,830 adults in 600 villages. We employed a series of strategies to promote mask usage, including free household distribution of surgical or cloth masks, distribution and promotion at markets and mosques, mask advocacy by Imams during Friday prayers, role modeling by local leaders, promoters …

Mapping Renewal: How An Unexpected Interdisciplinary Collaboration Transformed A Digital Humanities Project, Elise Tanner, Geoffrey Joseph

Digital Initiatives Symposium

Funded by a National Endowment for Humanities (NEH) Humanities Collections and Reference Resources Foundations Grant, the UA Little Rock Center for Arkansas History and Culture’s “Mapping Renewal” pilot project focused on creating access to and providing spatial context to archival materials related to racial segregation and urban renewal in the city of Little Rock, Arkansas, from 1954-1989. An unplanned interdisciplinary collaboration with the UA Little Rock Arkansas Economic Development Institute (AEDI) has proven to be an invaluable partnership. One team member from each department will demonstrate the Mapping Renewal website and discuss how the collaborative process has changed and shaped …

The Power Of Information: Information, Leak Notices, And Water Conservation In Edina, Mn, Federico Chung

Economics Honors Projects

This paper provides evidence on the effects of information provision on households’ water use. I use quarterly household consumption data from a utility in Minnesota to test the effect of a new residential water billing system on households’ water consumption. The updated billing format was possible as the utility transitioned to an automated meter reading (AMR) system. I also study impacts of another source of improved information provision from AMR adoption, faster high-water consumption notices. I find mixed evidence of the impact of personalized information on households’ water use. Households respond to high-consumption notices by significantly reducing consumption, even relative …

Asylum Policy In France: A Case Study Of Governing Party Incentives & Seine Saint-Denis : Une Étude De Cas Sur L’Impact Des Partis Au Pouvoir Sur La Politique D’Asile, Jacob Kang

International Relations Honors Papers

Following an increase in displaced persons globally in the 2000s and 2010s, governments around the world have been required to adjust their response to the growing need for refuge. Even internally within countries, there was variation in how the governing political party revised asylum policy. This thesis seeks to explain that variation in asylum policy in France between 2007 and 2019 under three different parties in power. Its explanations focus on the ideology and electoral incentives of governing parties and it focuses on the general economic status of the country. Based on literature and historical context, three factors are primarily …

Sunk Or Dunk?: An Empirical Analysis Of The Effect Of Sunk Cost Fallacy In Professional Basketball, Hailey Dicicco

Business and Economics Honors Papers

This project is divided into two sections. The first section is a comparison between the NBA and WNBA, using performance metrics from game statistics. Using performance characteristics, an empirical analysis was used to determine if the number of minutes played was determined by consistent parameters across these organizations. This finding showed inconsistency. The WNBA showed higher valuation for blocks, steals, and assists while the NBA showed higher valuation for three-point percentages and defensive rebounds.

The second section of the paper evaluates the sunk cost fallacy and its impacts in the NBA. The WNBA was not able to be included in …

Sunk Or Dunk?: An Empirical Analysis Of The Effect Of Sunk Cost Fallacy In Professional Basketball, Hailey Dicicco

Business and Economics Presentations

This project is divided into two sections. The first section is a comparison between the NBA and WNBA, using performance metrics from game statistics. I researched the history of women in sports and specifically read about how women first became integrated into the game of soccer. In the regression for section one, we used a few selected performance metrics and minutes in order to observe any relationships between specific skills and minutes. We also focused on the difference between the leagues in terms of what game stats are more or less significant.

In the second section of this paper, we …

The Politics Of Taxation: An Economic Analysis Of Politically Motivated Tariffs Placed On French Wine By The United States, Katelyn Hutson

Honors Theses

In this paper, I research the economic distortions caused by a 25% retaliatory tariff placed on French wine by the United States in October 2019. This tariff was enacted as retaliation for airline subsidies provided by various European countries to Airbus and was approved by the WTO as a valid compensation for the loss these subsidies caused to the American company Boeing. In order to view the correlation between fluctuations in US import quantities of French wine and the retaliatory tariff, I estimated the effect of the tariff on the wine market using linear regression analysis. Through this regression, I …

The Rescue Of Fannie Mae And Freddie Mac – Module Z: Overview, Rosalind Z. Wiggins, Ben Henken, Adam Kulam, Daniel Thompson, Andrew Metrick

Journal of Financial Crises

In September 2008, as the financial crisis that had begun the previous year escalated, the US government appointed a conservator for two government-sponsored enterprises (GSEs), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), that dominated the secondary mortgage market and were among the largest participants in the global capital markets. The conservatorships were the hallmark of a multipart rescue plan intended to save the firms from insolvency and a disorderly collapse and required the combined and coordinated efforts of several government agencies and instrumentalities. Ultimately, the government invested $191.5 billion into the …

The Rescue Of Fannie Mae And Freddie Mac–Module F: Federal Reserve’S Large-Scale Asset Purchase (Lsap) Program, Daniel Thompson, Adam Kulam

Journal of Financial Crises

By late 2008, the secondary mortgage markets were suffering high default rates, causing mortgage lending to slow and the value of mortgage securities to plummet. The Federal Reserve lowered the federal funds rate, and the government placed Fannie Mae and Freddie Mac into conservatorship, yet credit in housing and other financial markets remained tight. On November 25, the Fed announced its intent to purchase up to $500 billion in agency mortgage-backed securities (MBS) and $100 billion in agency debt to reduce the cost and increase the availability of mortgage credit, which would support housing markets and improve conditions in financial …

The Rescue Of Fannie Mae And Freddie Mac – Module D: Treasury’S Gse Mbs Purchase Program, Michael Zanger-Tishler, Rosalind Z. Wiggins

Journal of Financial Crises

As the housing crisis escalated during the second half of 2007, two government-sponsored enterprises (GSEs), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), occupied an increasingly central role in the secondary mortgage market, purchasing a greater percentage of new mortgages as private securitization rapidly contracted. As their importance in this market grew, the two GSEs also began to suffer billion-dollar losses, inciting concerns that they might not be able to stay solvent throughout the remainder of the crisis. On September 6, 2008, fearing the systemic consequences of the two firms’ failures, the …

The Rescue Of Fannie Mae And Freddie Mac – Module C: Gse Credit Facility, Emily Vergara

Journal of Financial Crises

In 2007 and 2008, the collapse of the subprime mortgage market and the deterioration of the housing market more generally precipitated a crisis at the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), which together held or guaranteed $5.3 trillion in mortgage assets. Over the course of two years, both entities suffered high losses and saw their liquidity positions deteriorate as the market perceived their rapid decline. On September 6, 2008, the Federal Housing Finance Agency (FHFA), pursuant to the authority of the Housing and Economic Recovery Act (HERA) of 2008, took Fannie …

The Rescue Of American International Group Module E: Maiden Lane Iii, Lily S. Engbith, Devyn Jeffereis

Journal of Financial Crises

Starting in mid-2007, American International Group (AIG) faced increasing collateral calls from counterparties looking to protect their positions in credit default swap (CDS) contracts that AIG had written on residential and commercial collateralized debt obligations (CDOs) (US COP 2010, 28-30). Per these agreements, the AIG parent company was responsible for insuring the value of the CDOs against the risk of a negative credit event, such as default (GAO 2011, 5; US COP 2010, 29-30). AIG’s immediate need for liquidity on September 16, largely driven by a securities lending program and those collateral calls, prompted the Federal Reserve to lend the …

Automation Anxieties: Perceptions About Technological Automation And The Future Of Pharmacy Work, Cameron W. Piercy, Angela N. Gist-Mackey

Human-Machine Communication

This study uses a sample of pharmacists and pharmacy technicians (N = 240) who differ in skill, education, and income to replicate and extend past findings about socioeconomic disparities in the perceptions of automation. Specifically, this study applies the skills-biased technical change hypothesis, an economic theory that low-skill jobs are the most likely to be affected by increased automation (Acemoglu & Restrepo, 2019), to the mental models of pharmacy workers. We formalize the hypothesis that anxiety about automation leads to perceptions that jobs will change in the future and automation will increase. We also posit anxiety about overpayment related to …

Measuring The U.S. Employment Situation Using Online Panels: The Yale Labor Survey, Christopher Foote, Tyler Hounshell, William D. Nordhaus, Douglas Rivers, Pamela Torola

Cowles Foundation Discussion Papers

This study presents the design and results of a rapid-fire survey that collects labor market data for individuals in the United States. The purpose is to test online panels for their application to social, economic, and demographic information as well as to apply this approach to the U.S. labor market. The Yale Labor Survey (YLS) used an online panel from YouGov to replicate statistics from the Current Population Survey (CPS), the government’s official source of household labor market statistics. The YLS’s advantages included its timeliness, low cost, and ability to develop new questions quickly to study unusual labor market patterns …

Rethinking Credentials For Aviation Sustainability: A Dacum Approach, Leila Halawi

Publications

The pandemic of COVID-19 Millennials aren't the youngest working generation anymore, and Gen Zers are the new kids on the block. This group of individuals, born between 1995 and 2019, already makes up 5% of the total U.S. labor force, roughly 9 million people. However, the skills gap is real and exists, one in which research shows that new college graduates either do not have all the skills employers want, or they are not doing an excellent job of demonstrating those skills in their resumes.

Sustainability programs consistently encounter challenges that threaten the future as a viable academic discipline. It …

Investigating The Economic Effects Of Food Affordability, Food Access, And Education On Obesity Rates In Mississippi Counties, Youssef Osman

Honors Theses

The growing rate of obesity across the United States is a topic of great concern considering both the health and financial costs associated with the disease. Many researchers have sought to determine the major causes of obesity so that policy suggestions can be made to reduce its occurrence. Some of the referenced drivers of obesity include high food costs, poor access to healthy food, and a lack of knowledge regarding nutrition. This thesis seeks to find the effects of county-level food prices, income, food access, and education level on obesity rates in Mississippi counties. The analysis uses cross-sectional data from …

Small Business Debt Financing: The Effect Of Lender Structural Complexity., Jaume Franquesa, David Vera

Business Administration Faculty Scholarship

Small- and medium-sized enterprises (SMEs) depend on a large measure on commercial banks for external capital, and US SMEs are increasingly experiencing bank credit constraints and resorting to costly alternatives. The purpose of this paper is to investigate the impact of lender organizational complexity on SME financing shortfalls. In particular, it examines the credit shortage effects associated with the SME's reliance on bank holding company (BHC) owned, as opposed to independent, lenders.

Career Aspirations Of Female Students In Economics: A Case Study Of Public Sector Universities In Punjab, Sadia Sherbaz, Dr. Bushra Yasmin

CBER Conference

In Pakistan women remain grossly underrepresented in top echelons in the field of Economics. Achievement pre-supposes aspiration. Higher aspirations result, generally, in better career outcomes. We intend to explore the determinants of career aspirations among women in Economics, in order to reliably identify hang-ups and barriers to career advancement of Pakistani women in the field. Our study focuses on female university students enrolled in Economics departments in Punjab, Pakistan. We have studied a sample of 415 women to ascertain the factors affecting their career aspirations. The data were collected through structured questionnaire by purposive sampling and the filed survey was …

Industrial Policy In Context: Comparative Experiences From Chile And Zambia, Frank Chansa, Ngao Mubanga, Dale Mudenda, Manenga Ndulo

Zambia Social Science Journal

This article tries to draw lessons from Chile for Zambia on innovative industrial policy and strategies that lead to industrial transformation and job creation. The creation of quality jobs for the increasingly skilled youth requires significant efforts. Industrial policy has been argued to have the potential to contribute to the creation of employment through support for new and old initiatives in the economy. In the case of Zambia, the economy has mainly been dominated by the mining sector, where the creation of jobs has been very small, whereas the comparator country Chile developed an institutional framework for industrial policy that …

Does Foreign Direct Investment Matter For Industrialisation In Nigeria?, Obianuju Ogochukwu Nnadozie, Lotanna Ernest Emediegwu, Anthony Monye-Emina

Zambia Social Science Journal

This paper employs cointegration and error correction techniques to provide empirical evidence on the dynamic relationship between foreign direct investment (FDI) and industrialisation in Nigeria for the period 1981-2015. Our findings show that FDI does not have a significant effect on industrialisation in Nigeria either in the short run or the long run. Also, the empirical results reveal that trade significantly harms industrialisation in Nigeria both in the short run and the long run. Our empirical results are, however, not surprising given that FDI inflows into Nigeria have largely been resource-seeking, that is, mainly targeted at the oil sector with …

Activating Vacant Spaces: An Art And Environmental Justice Project - Assessment In Cleveland, Ohio’S Slavic Village Neighborhood, Patrick Connolly

Community Engagement Student Work

The overdevelopment of cities has caused residents to suffer from environmental and economic harm. Situated near a steel mill and a highway, and with less than 20% tree canopy, the Slavic Village neighborhood of Cleveland, Ohio is a community that may be in need of environmental justice. The movement to introduce green elements to urban environments is growing, and there are clear economic benefits to greening urban areas. Using art as a tool for education, this project proposes a series of six sustainable art installations that attempt to teach the community about environmental issues. Using this art project as a …

Developed Stock Market Integration: New Evidence From The Pre- And Post-Financial Crisis Of 2007-2009, Carol Bruce Tagoe

2021 Awards for Excellence in Student Research and Creative Activity - Documents

No abstract provided.

Nebraska Recovers From The Pandemic Economy, Eric Thompson

Business in Nebraska

The COVID-19 Pandemic threw the United States economy into a severe and sharp recession during the first half of 2020. A combination of government “shutdown” restrictions and private actions led to a particularly severe decline in economic activity in late March and April. The lifting or reduction of government restrictions across the United States led to a fast recovery in subsequent months, especially as businesses and consumers learned to adapt to their new operating conditions. However, the rate of recovery has slowed recently as the spread of Covid-19 has accelerated and many businesses have curtailed travel, maintained “work from home” …

1st International Conference On Economics And Sustainable Development Conference Proceedings, Iba School Of Economics And Social Sciences (Sess), Center For Business And Economic Research (Cber)

Conference Proceedings

The IBA School of Economics and Social Sciences (SESS) and the Center for Business and Economic Research (CBER) organized the 1st International Conference themed "Economics and Sustainable Development", in the month of April, 2021. The conference brought together academics, practitioners and advocates to have a dialogue on creative ideas, local and global best practices, and evidence-based solutions for sustainable development.

Determining The Number Of Communities In Degree-Corrected Stochastic Block Models, Shujie Ma, Liangjun Su, Yichong Zhang

Research Collection School Of Economics

We propose to estimate the number of communities in degree-corrected stochastic block models based on a pseudo likelihood ratio. For estimation, we consider a spectral clustering together with binary segmentation method. This approach guarantees an upper bound for the pseudo likelihood ratio statistic when the model is over-fitted. We also derive its limiting distribution when the model is under-fitted. Based on these properties, we establish the consistency of our estimator for the true number of communities. Developing these theoretical properties require a mild condition on the average degree: growing at a rate faster than log(n), where n is the number …

Mildly Explosive Autoregression With Anti-Persistent Errors, Yiu Lim Lui, Weilin Xiao, Jun Yu

Research Collection School Of Economics

An asymptotic distribution is derived for the least squares (LS) estimate of a first‐order autoregression with a mildly explosive root and anti‐persistent errors. While the sample moments depend on the Hurst parameter asymptotically, the Cauchy limiting distribution theory remains valid for the LS estimates in the model without intercept and a model with an asymptotically negligible intercept. Monte Carlo studies are designed to check the precision of the Cauchy distribution in finite samples. An empirical study based on the monthly NASDAQ index highlights the usefulness of the model and the new limiting distribution.

Protecting Ohio’S Water Quality Through Wetland Remediation, Sarah Logel

Student Papers in Local and Global Regional Economies

Water reuse and reclamation is vital to the continuation of healthy crop yields, maintaining clean waterways, and for human use and consumption. Combined with the unrelenting ecological changes as a result of global warming, water stress has become ever prominent in the new age of climate change. Most often covered by news and media outlets are the rising sea levels which are undoubtably a dangerous threat. There is though, another menacing water issue, not so frequently discussed and it is the quality of water consumed by residents in America’s cities and towns and used by farmers for growing the very …

An International Comparison Of Green Building In Cities, Faith Rosenow

Student Papers in Local and Global Regional Economies

Green building is a concept that has become more relevant as the world works towards creating more environmentally friendly ways to exist on this planet. As defined by the World Green Building Council, a green building is “...a building that, in its design, construction or operation, reduces or eliminates negative impacts, and can create positive impacts, on our climate and natural environment. Green buildings preserve precious natural resources and improve our quality of life.” (What is Green Building?, n.d.). Some cities in the world have made more progress with moving forward with green building than others. While individually these buildings …

Proposal To Reduce Waste Pollution And Promote Efficient Waste Materials Lifecycle Management Through Employment Programs And Recycling Infrastructure Investment, Jake Gibson

Student Papers in Local and Global Regional Economies

This proposal seeks to promote more efficient uses of materials by the consumer products industry while simultaneously restoring natural areas and ecological processes through a jobs guarantee program whose efforts will return discarded materials into a more efficient consumer product lifecycle. The proposal consists of two prongs: a jobs guarantee program providing jobs collecting discarded materials from natural areas, sorting high value materials from collected waste streams, and operating recycling equipment during collection and at collection and processing centers; and investments in national recycling infrastructure, namely industrial equipment to be installed at collection and processing centers such as balers, shredders, …

Essays On Snap Participation, Bmi, And Food Purchasing Decisions, Samaneh Ghadyani

USF Tampa Graduate Theses and Dissertations

This dissertation estimates the SNAP-eligible individuals’ Body Mass Index (BMI) changes by the American Recovery and Reinvestment Act of 2009 (ARRA) in Chapter 1. It also examines whether the food packages’ nutrition fact tables’ refinements improve SNAP-recipients’ healthy food purchasing decisions in Chapter 2. Below, the summary of these chapters are provided:

• Chapter 1: The Effects of the American Recovery and Reinvestment Act of 2009 on the Body Mass Index (BMI) of SNAP-Eligible Individuals
• Chapter 2: Do Changes in the Nutrition Facts Labels Affect SNAP-Participants’ Food Purchasing Decisions?

Chapter 1 studies the effects of the American Recovery and Reinvestment Act …