Digital Commons Network^™

Effect Of The Affordable Care Act Medicaid Expansion On Labor Participation Of Female Registered Nurses In Outpatient Care, Deborah R. Weissner

Theses and Dissertations

Medicaid expansions were used to examine the effects of a surge in demand for primary care on the labor participation of registered nurses (RN) in outpatient settings relative to hospitals. Using difference-in-differences and two-way fixed effects with the American Community Survey Public Use Microdata Sample single-year 2010 through 2017 files, I find an increase in the probability of an RN working in an outpatient setting among (1) young, unmarried RNs with a maximum household income of 501 percent of the federal poverty level and (2) young unmarried RNs who have at least one child under age 6. These results are …

Differences In Immigrant Education By Destination Country: An Analysis Of Turkish Immigrants' Perception Of And Performance In Math And Science, Lisa Turley Smith

Undergraduate Honors Theses

This thesis examines how the country to which Turkish immigrant students immigrate affects their educational outcomes – specifically, math and science test scores and four constructed variables that measure how much students enjoy math and science and their self-rated confidence in the subjects. I use data from the 2003, 2006, 2012, and 2015 Programme for International Student Assessment (PISA) exams. I examine Turkish immigrant students living in Austria, Belgium, Switzerland, Germany and Denmark.

My findings are consistent with prior research showing that immigrant student test scores vary by destination country. I also find that Turkish immigrant students’ perceptions of math …

Cares Act Implications On Tax Planning For Farmers, Tina N. Barrett

Cornhusker Economics

The CARES Act, passed in March of 2020, provid-ed many changes that directly impacted farmers. It created both the Payroll Protection Program (PPP) and Economic Injury Disaster Loans (EIDL), which many farmers utilized. However, the CARES Act included several other provisions that didn’t get as much attention. Farmers need to be aware of these as they go into tax planning this fall, as they could benefit their operations.

Mechanisms Study: Using Game Theory To Assess The Effects Of Social Norms And Social Networks On Adolescent Smoking In Schools—Study Protocol, Ruth F. Hunter, Felipe Montes, Jennifer M. Murray, Sharon C. Sanchez-Franco, Shannon C. Montgomery, Joaquín Jaramillo, Christopher Tate, Rajnish Kumar, Laura Dunne, Abhijit Ramalingam, Erik O. Kimbrough, Erin Krupka, Huiyu Zhou, Laurence Moore, Linda Bauld, Blanca Llorente, Olga L. Sarmiento, Frank Kee

Economics Faculty Articles and Research

This proof of concept study harnesses novel transdisciplinary insights to contrast two school-based smoking prevention interventions among adolescents in the UK and Colombia. We compare schools in these locations because smoking rates and norms are different, in order to better understand social norms based mechanisms of action related to smoking. We aim to: (1) improve the measurement of social norms for smoking behaviors in adolescents and reveal how they spread in schools; (2) to better characterize the mechanisms of action of smoking prevention interventions in schools, learning lessons for future intervention research. The A Stop Smoking in Schools Trial (ASSIST) …

Essays On Issues In Management And Gender, Priyanka Chakraborty

Economics Theses and Dissertations

This dissertation consists of three empirical essays that focus on the intersection of management, gender issues and education. I am interested in finding policy interventions that promote healthy, efficient and more inclusive workplaces. To do so, I study the micro and behavioral aspects of labor markets using different methodologies. In Chapters 1 and 2, I study two key features in management, namely mentorship and leadership. Both have an economic impact on individual employee outcomes as well as organizational performance. I examine advice giving in mentoring relations in my job market paper and leadership decisions, performance and styles of men and …

Essays On Climate Change-Related Extreme Events, Alvin E. Harris

Dissertations

There are increasing and urgent calls for global economies to join in the fight against the impacts of climate change (World Bank, 2020). With reports such as the World Bank (2020) of climate change costing billions of dollars in losses for economies, the purpose of my dissertation is to examine the effects of climate change-related extreme events and their potential economic effects in three areas: agriculture, migration, and the labor market.

My first essay focuses on the factors that influence farmers’ perception of risk and adaptive strategies against the effects of climate change-related extreme events. I examine whether farmers’ social …

Allocation Of Public Resources: Bringing Order To Chaos, Lance Clifner

Computational and Data Sciences (PhD) Dissertations

Science Olympiad (SO) is a team-based academic competition involving multiple subject areas (Events) with arcane rules governing the team composition. Add to the mix parental contention over which student(s) get on the “All-Star” team, and you have a potentially explosive situation. This project brings order and logic to school-based SO programs and defuses tense milestones through the implementation of an institutional structure that: assigns students to Events based on solicited student preferences for the Events, collects objective student performance data, composes competitive teams based on student performance (aka “Moneyball”), and brings transparency to the Team Selection process through crowdsourcing. The …

A Covid-19 Teaching Example: Pooled Testing With Microsoft Excel, Humberto Barreto

Economics and Management Faculty publications

This paper uses pooled testing as a teaching example for undergraduate statistics, econometrics, or quantitative methods courses. It offers step-by-step instructions to create an Excel spreadsheet that uses Monte Carlo simulation to find the optimal group size for a given infection rate. A completed version of the spreadsheet, along with readings, questions, and analytical solution is available at tiny.cc/pooledtesting.

Chinese Equity Market Pricing And Loan Sales Discount In Us Banking, Yichi Zhang

LSU New Orleans Theses and Dissertations

Abstract

In the recent decades, the Fama–French three-factor (1992, 1993, 1996) and five-factor (2015) models become the most widely used asset pricing models in the world. The U.S. (i.e., developed financial market) country-specific 2 additional factors in the 5-factor model, RMW and CMA or profitability and investment premium, empirically cannot further capture the return variation of the classic three-factor/characteristic in China’s stock market (i.e., developing financial markets). In China, based on our result, therefore, the classic three-factor outperforms the five-factor model. We do not presume that firms in different countries share the same features. Following Liu, Stambaugh, and Yuan (2019), …

Local Food Prices And The Purchasing Power Of Snap Benefits, G. Christensen, Erin Todd Bronchetti

Economics Faculty Works

While the nominal value of Supplemental Nutrition Assistance Program (SNAP) benefits is fixed across states (except for Hawaii and Alaska), variation in food prices across the U.S. is dramatic. We provide new evidence describing geographic variation in the purchasing power of SNAP benefits, measured by the extent to which SNAP-recipient households are able to afford the Thrifty Food Plan (TFP), the U.S. Department of Agriculture (USDA) food plan on which legislated SNAP benefit levels are based. For more than one-quarter of SNAP households, SNAP benefits are too low to cover the cost of the TFP at the primary stores where …

Changing Faces, Changing Places: Understanding Immigration, Housing Market And Native Out-Migration In Established And New Destinations In The United States., Anqi Xu

Electronic Theses and Dissertations

This dissertation concerns residential incorporation and the socioeconomic impact of immigrants primarily from Latin America and Asia with their rapid geographical dispersal in the U.S. I adopt econometrics methodologies and GIS techniques to examine how immigration affects housing price changes and white out-mobility in established and new destinations, utilizing datasets from the U.S. Census Bureau and the Panel Study of Income Dynamics (PSID). The first part examines the effects of immigration into the U.S. established and new immigrant destinations on housing prices using county-level data that span 2011 to 2017. Using the global and local Moran’s I statistics, I demonstrate …

Three Essays In The Dynamics Of Oil Prices, Ahmed Alaabodi

Dissertations

The main objective of my three essays is to study the dynamics and interaction of the price of oil with the downstream sector (refined products), upstream sector (oil production), and across regional markets. I shed light on how the new technological innovation of horizontal drilling and hydraulic fracking that caused the shale oil revolution in the last decade impact the price of oil and impact the petroleum market in the United States.

In the first essay, the dynamic relationship between the monthly price of crude oil and its refined products is modeled. The long-run equilibrium carries valuable information for risk …

The Economics Of Love, Débora Silva Viana

Electronic Theses and Dissertations

In this thesis I argue that the obligation to love based on the Christian tradition requires Christians to disperse their resources in a way that significantly evens out wealth distribution and increases social justice. Christians disagree on the terminology and some tenets of the goal of the Christian life (e.g., deification, beatific vision, communion with God, salvation). However, the requirement to practice love is common to all of these concepts, thus making love normative for Christians. I argue that when love takes such a prominent role in one’s life, then it naturally influences how one manages one’s resources. If love …

We Can Use Machine Learning To Determine Which Financial Ratios Are Best For Investors, Collin Butterfield

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

This study develops and tests the hypothesis that the machine learning algorithm, Random Forests, can be used to systematically pick financial ratios that would be best for indicating market trends and be used subsequently to perform comparable analysis to speculate whether a firm is over- or under-valued. Results show that financial ratio selection differs depending on the market sector to which a firm pertains. We examine the 11 financial sectors representing the key areas of the economy. We also look at four possible trading strategies that an investor could have: month-long, quarter-long, semi-annual, and annual to capture differing trading horizons.

Brexit And The Effects On European Adrs Vs British Adrs, Matthew Clint Bisbee

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

Using a collection of American Depositary Receipts (ADRs), this study examines the stock-price reaction of European, European Union, and British firms to the Brexit Referendum on June 23, 2016. Results show that non-European firms experienced greater returns than the market after the Brexit referendum. European, European Union, and British firms all experienced negative returns compared to the average market return. While at first glance British firms appeared to experience even greater negative returns as compared to firms in the European Union, overall there was no statistically significant difference between returns for firms in the European Union and firms in the …

Dual Immersion Programs And Their Implications: Focused Analyses On The Educational History, Francisco Reynoso Barron

International Studies (MA) Theses

As a social construct, education fulfills the necessary elements, ideologies, and rituals required to construct social norms for society. What a society deems as a norm determines the sentiments and direction that a nation will take. These normative tendencies lead to national identity and national security through policies and legislation within the nations' utilization of sovereignty. National interest being influenced by global events and ethnocentric ideologies has seen cycles leading to different immigration, educational, and economic policies. This paper analyzes dual immersion programs, which have been treated as a controversial topic due to its implications on national security and identity. …

Why Do Nonprofits Fail? A Quantitative Study Of Form 990 Information In The Years Preceding Closure, Mackenzie Arbogust

School of Public Service Theses & Dissertations

Nonprofit organizations are an important piece of the community and economy in the United States. Each year, nonprofit organizations close their doors and stop providing services to the community. While there are large amounts of literature around financial health and vulnerability and governance best practices of nonprofit organizations, few of the studies have ever looked specifically at failed organizations. In general, the end stages of the life cycle of nonprofit organizations have not been well studied and are not well understood. This study draws on resource dependency theory and institutional theory to identify financial and governance factors that may serve …

The Effects Of Ceo Dismissal Risk And Skills On Risky Corporate Decisions And Ceo Compensation, Son T. Dang

Theses and Dissertations in Business Administration

This dissertation consists of three distinct essays on the effects of CEO dismissal risk on M&A megadeal decisions, the association between CEO compensation and generalist managerial ability in the presence of CEO dismissal risk, and the alignment of the initial compensation of new CEOs following CEO dismissals with their managerial ability.

In Essay 1, I study the link between CEO dismissal risk and risky M&A decisions and find that higher-dismissal-risk CEOs engage in more M&A megadeals than their counterparts. Such megadeal transactions lead to lower acquirer post-M&A abnormal returns, suggesting that risky investment decisions are driven by CEOs’ career concerns. …

Women Workers In The Informal Sector Of The Textiles Industry In Pakistan: A Grounded Theory Approach, Shafi Erum

Student Works (2020-2029)

Post liberalisation firm-level strategic decisions are an issue of concern in developing markets, particularly since the post Agreement on Textiles and Clothing (ATC) phase of the textile industry. The issue of workers’ well-being, the post ATC phase, is well documented in terms of the employment and wage aspects for women workers. There is, however, a dearth of knowledge in understanding women workers’ experiences following from firms’ strategic decisions in the informal labour market setting, despite the rise in informal women workers. Further, the position of informal women workers, which is where they “fit” given their “voice” with their employers, has …

An Economic Comparison Of Two Leading Aquaponic Technologies Using Cost Benefit Analysis: The Coupled And Decoupled Systems, Grace M. Gibbons

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Aquaponics is an agricultural production practice which combines aquaculture, the raising of fish, and hydroponics, a soil-less crop production method, to create a system that symbiotically produces both. Compared to conventional open-field agriculture, this practice is highly resource efficient in terms of water and land usage, but has yet to be widely adopted due to a lack of research regarding its economic feasibility. This study compares the two most economically promising aquaponic system designs to determine which would be more profitable at the intermediate-commercial scale. The first of these is the coupled system which continuously circulates water in a closed …

Intensifying Forage Legume Strata System Technology Through Dairy Cattle Production, Marcos E. Bollido, Teresa B. Polbos, Feleciano R. Bejar

ASEAN Journal of Community Engagement

Intensification of forage legume strata system technology (FLSST) through dairy cattle production was implemented in collaboration with the Department of Agriculture and the local government unit of San Jorge, Samar, Republic of the Philippines. The beneficiaries of the program were selected based on specific criteria and qualifications. Farmers were given training on dairy cattle production, and 10 beneficiaries in five communities received one ready-to-breed cow. Each farmer-beneficiary established a 500 sqm pasture area using FLSST. Abundant grasses and leguminous forages helped improve the health of the cattle. Cattle weighing an average of 150 kg grew to an average weight of …

Copula-Based Time Series With Filtered Nonstationarity, Xiaohong Chen, Zhijie Xiao, Bo Wang

Cowles Foundation Discussion Papers

Economic and financial time series data can exhibit nonstationary and nonlinear patterns simultaneously. This paper studies copula-based time series models that capture both patterns. We introduce a procedure where nonstationarity is removed via a filtration, and then the nonlinear temporal dependence in the filtered data is captured via a flexible Markov copula. We propose two estimators of the copula dependence parameters: the parametric (two-step) copula estimator where the marginal distribution of the filtered series is estimated parametrically; and the semiparametric (two-step) copula estimator where the marginal distribution is estimated via a rescaled empirical distribution of the filtered series. We show …

You Can Lead A Horse To Water: Spatial Learning And Path Dependence In Consumer Search, Charles Hodgson, Gregory Lewis

Cowles Foundation Discussion Papers

We develop a model of consumer search with spatial learning in which sampling the payoff of one product causes consumers to update their beliefs about the payoffs of other products that are nearby in attribute space. Spatial learning gives rise to path dependence, as each new search decision depends on past experiences through the updating process. We present evidence of spatial learning in data that records online search for digital cameras. Consumers’ search paths tend to converge to the chosen product in attribute space, and consumers take larger steps away from rarely purchased products. We estimate the structural parameters of …

Opportunity Cost, Inattention And The Bidder's Curse, David J. Freeman, Erik O. Kimbrough, J. Philipp Reiss

Economics Faculty Articles and Research

Auction winners sometimes suffer a “bidder’s curse”, paying more for an item at auction than the fixed price charged for an identical item by other sellers. This seemingly irrational behavior is puzzling because the information necessary to avoid overpaying would appear to be readily available to bidders, yet they seem to ignore it. To understand this behavior, we consider the bidders’ decisions whether to acquire information about the fixed price before bidding, in the presence of opportunity costs. Our theory introduces costly information acquisition into an auction model, with a fixed price aftermarket selling an identical good. When information about …

Pricing Climate Change Risk In Corporate Bonds, Elsa Allman

Publications and Research

This paper examines whether corporate bondholders price climate change risk. I find that firms exposed to higher sea level rise (SLR) across U.S. branch locations pay a premium when issuing bonds. Specifically, a one standard deviation increase in a firm’s SLR exposure is associated with a 2% increase of average yield spreads equivalent to 4 basis points. This effect is more pronounced for firms in industries vulnerable to extreme weather conditions, which are less spatially diversified, and issuing bonds with maturities ranging from 5 to 10 years. In addition, I find no evidence that credit rating agencies account for SLR …

Unknown Latent Structure And Inefficiency In Panel Stochastic Frontier Models, Levent Kutlu, Kien C. Tran, Mike G. Tsionas

School of Economics and Finance Faculty Publications

This paper extends the fixed effect panel stochastic frontier models to allow group heterogeneity in the slope coefficients. We propose the first-difference penalized maximum likelihood (FDPML) and control function penalized maximum likelihood (CFPML) methods for classification and estimation of latent group structures in the frontier as well as inefficiency. Monte Carlo simulations show that the proposed approach performs well in finite samples. An empirical application is presented to show the advantages of data-determined identification of the heterogeneous group structures in practice.

The Us Employment Situation Using The Yale Labor Survey, Christopher Foote, William D. Nordhaus, Douglas Rivers

Cowles Foundation Discussion Papers

This study presents the design and results of a rapid-fire survey that collects labor market data for households in the United States. The Yale Labor Survey, or YLS, uses an online panel from YouGov to replicate the Current Population Survey (CPS), which is the source of the government’s monthly household statistics. Questions in the YLS concern current and retrospective employment, hours, and income. Because the YLS draws upon an existing pool of potential respondents, it can generate responses inexpensively and quickly (within 24 hours). Moreover, the YLS can develop new questions in real time to study unusual patterns of work …

The Impact Of Taxes And Wasteful Government Spending On Giving, Roman Sheremeta, Neslihan Uler

ESI Working Papers

We examine how taxes impact charitable giving and how this relationship is affected by the degree of wasteful government spending. In our model, individuals make donations to charities knowing that the government collects a flat-rate tax on income (net of charitable donations) and redistributes part of the tax revenue. The rest of the tax revenue is wasted. The model predicts that a higher tax rate increases charitable donations. Surprisingly, the model shows that a higher degree of waste decreases donations (when the elasticity of marginal utility with respect to consumption is high enough). We test the model’s predictions using a …

An Ontology Of Human Flourishing: Economic Development And Epistemologies Of Faith, Hope, And Love, Jan Van Vliet

Faculty Work Comprehensive List

This chapter demonstrates that the presence of poverty, and its associated pathologies, is of concern to all humankind whose innate desire is to seek the flourishing of fellow humanity. The traditional, often unsuccessful, methods of poverty alleviation have been challenged in creative, bold, and refreshing ways that are superior in both identifying poverty and moving agencies and pathways toward greater success. This involves a technical application of quantitative microeconomics which is paired with expertise and insights on human behavior gleaned from the behavioral sciences. It turns out that human behavior is often better explained by behavioral categories such as hope …

The Economics Of Babysitting A Robot, Aleksandr Alekseev

ESI Working Papers

I study the welfare effect of automation on workers in a setting where technology is complementary but imperfect. Using a modified task-based framework, I argue that imperfect complementary automation can impose non-pecuniary costs on workers via a behavioral channel. The theoretical model suggests that a critical factor determining the welfare effect of imperfect complementary automation is the automatability of the production process. I confirm the model's predictions in an experiment that elicits subjects' revealed preference for automation. Increasing automatability leads to a significant increase in the demand for automation. I explore additional drivers of the demand for automation using machine …