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Principles Of Economics 2e, Openstax, Steven A. Greenlaw, David Shapiro

Open Educational Resources Collection

Principles of Economics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters.

Changes made in Principles of Economics 2e are described in the preface and the transition guide to help instructors transition to the second edition. The first edition of Principles of Economics by OpenStax …

The New Hires Quality Index: A Wage Metric For Newly Hired Workers, Brad J. Hershbein

Reports

No abstract provided.

Mobile Data Roaming And Incentives For Investment In Rural Broadband Infrastructure, James Prieger

School of Public Policy Working Papers

Mobile broadband Internet access is highly important to the American economy and millions of users. There were almost 200 million mobile broadband connections by the end of 2013 in the United States, far more than the number of fixed broadband connections (FCC, 2014a, Table 1). The economic activity created by the provision and usage of mobile broadband is sizeable, and has been documented at the national level (Gruber and Koutroumpis, 2011; Thompson and Garbacz, 2011; Katz, 2012) and specifically for rural areas (Whitacre, Gallardo, and Strover, 2014). The benefits of mobile broadband—and indeed the entire broadband ecosystem—depend on investment in …

Description Of The Albelda Clayton-Matthews/Iwpr 2017 Paid Family And Medical Leave Simulator Model, Alan Clayton-Matthews, Randy Albelda

Economics Faculty Publication Series

The basic strategy behind our approach to estimating the cost of a paid leave program was to, as much as possible, base estimates of program costs on actual known leave-taking behavior, and where this was not possible, to estimate a range of program costs reflecting a range of reasonable assumptions about unknown aspects of behavior in the presence of a paid leave program. We wanted to be able to estimate the sensitivity of program costs estimates to these assumptions. We also wanted to be able to analyze the distribution of program benefits by demographic characteristics. Furthermore, we wanted to be …

The Political Cost? Religious Segregation, Peace Walls, And House Prices, John A. Mccord, Michael J. Mccord, Peadar T. Davis, Martin E. Haran, Sean Macintyre

Peace and Conflict Studies

The longstanding issue of discrimination and segregation in housing markets has enveloped housing market analysis and particularly the understanding of house price determination. Whilst the relationship of segregation in residential space is diverse and encompasses numerous taxonomies, in Northern Ireland, the high level of market segregation is compounded by the addition of tactile barriers such as Peace walls. The existence of these tactile barriers serves to physically segregate communities and have the capacity to prevent the restoration of normal community interactions and market processes. This paper attempts to quantify and measure the disamenity implications and costs of these hard structures …

A Dirty Dilemma: Determinants Of Electronic Waste Importation, Jamila N. Glover

Graduate Program in International Studies Theses & Dissertations

During the 1970s-1980s waste, specifically toxic waste from manufacturing, became a globally traded commodity. By the late 1980s, waste trade became a global political and environmental topic because many believed that developed countries were ‘dumping’ hazardous material on less developed nations despite knowing that less developed countries often lack adequate infrastructure to dispose of waste in an environmentally responsible manner, prompting international regulatory responses.

This study focuses on the fastest growing category of traded toxic waste – electronic waste. In 2014, approximately 41.8 million tons of electronic waste was generated globally. During this same period 1.6 million tons were traded …

Female Executives And Corporate Cash Holdings, Binay K. Adhikari

School of Economics and Finance Faculty Publications

I find that firms led by female top executives hold more cash, partly due to precautionary motives. To overcome endogeneity concerns, I employ several econometric techniques, including an instrumental variable analysis based on a historical event that resulted in a plausibly exogenous variation in the female workforce participation. Overall, my results are consistent with the view that greater risk-aversion leads female executives to hold more cash.

Man And Land: Competing Ontologies, Colonial Legacies, And The Quest For Food Sovereignty, Savannah Smith

Independent Study Project (ISP) Collection

Land is an ontological reality, which is at the center of different relationships to land. These relationships are situated in and a product of historical and spatial process that have an under lying power geometry. These different understandings of land tenure can create conflict when they intersect with competing interests in the same space. In Cameroon, this is currently the case in the form of large-scale land acquisitions, which often conflict with local communities as multinational corporations and local elites acquire land concessions with facilitation by the government in the name of development. This paper aims to understand this issue …

Land Insecurity In Gulu, Uganda: A Clash Between Culture And Capitalism, Zachary Slotkin

Independent Study Project (ISP) Collection

This paper presents the causes and consequences of land insecurity in Gulu, Uganda. In order to address this important and often sensitive issue, the paper analyzes the role of the Lord’s Resistance Army (LRA) insurgency and the government’s policy of forced encampment during the insurgency in contributing to land insecurity, causing widespread displacement among former internally displaced persons (IDPs). It further explores the importance of land ownership in providing economic productivity to rural landowners, as well as the nature of customary land tenure in Acholi culture and the government’s efforts to privatize communal land, to give a background on the …

An Abbreviated Leap: The Geopolitical And Geoeconomic Significance Of The China – Pakistan Economic Corridor To The New Silk Road, Emma Nichols

Independent Study Project (ISP) Collection

The objective of this analysis is to reveal the geopolitical and geoeconomic significance of the China – Pakistan Economic Corridor of the Belt and Road Initiative to its major stakeholders; Pakistan and China. In 2013, Chinese President Xi Jinping unveiled one of the most ambitious international infrastructure plans in modern history. The plan, in its earliest stages, is currently underway with its first portion, the China – Pakistan Economic Corridor (CPEC). Through careful preliminary analysis of the greater Belt and Road Initiative, the China – Pakistan Economic Corridor, and history of Sino-Pak relations, the motivations of the collaborating nations are …

Who Influences Your Outcomes? The Effect Of Culture And Ethnic Origin, Neighborhood And Peers On Personal Income: A Spatial Econometric Analysis Of New York City, Anna Arakelyan

Dissertations, Theses, and Capstone Projects

Being a “social animal”, each person is inherently embedded into a complex structure of social relations. He has role models to aspire to, conformity rules to follow, and expectations to meet. This paper explores the different social influences each person experiences in life. Specifically, I consider how a person’s ethnic community, age reference group, occupational and industry group peers, and residential area neighbors affect his total income. I introduce a novel model of multiple social networks and discuss various identification implications. I apply the model empirically to New York City, which naturally is a very favorable environment to test for …

Georgetown’S First Six Moocs: Completion, Intention, And Gender Achievement Gaps, Paul A. Healy

Undergraduate Economic Review

This analysis of Georgetown’s first six MOOCs (massive open online courses) comprises three parts, moving from general to specific in scope. I begin with a discussion of demographic factors across all six courses, seeking to answer the following question: “Who takes, and succeeds in these courses?” Next, I discuss the relationship between stated intention and course performance with survey data from a pre-course survey for Georgetown’s very first MOOC, an economics course. I end by examining the gender achievement gap in the same economics course.

Trade Union Trade-Offs: Unions, Voters, And The Rise Of Right-Wing Populism, Kim Gabbitas

Claremont-UC Undergraduate Research Conference on the European Union

Trade union membership in European Union member states has been in decline for decades, which has many concerned about the future of workers’ rights. While existing work examines the reasons for this decline, my research shifts the focus from union density to the functions unions serve and how these functions affect and are affected by changing electoral behavior. I examine the rise of right-wing populist movements in Europe and how these movements and the challenges today’s labor unions face can be traced to the same underlying forces. I argue that, as the relevance of trade unions declines for blue-collar workers, …

Politics, Hospital Behavior, And Health Care Spending, Zack Cooper, Amanda E. Kowalski, Eleanor Neff Powell, Jennifer Wu

Cowles Foundation Discussion Papers

This paper examines the link between legislative politics, hospital behavior, and health care spending. When trying to pass sweeping legislation, congressional leaders can attract votes by adding targeted provisions that steer money toward the districts of reluctant legislators. This targeted spending provides tangible local benefits that legislators can highlight when fundraising or running for reelection. We study a provision - Section 508 – that was added to the 2003 Medicare Modernization Act (MMA). Section 508 created a pathway for hospitals to apply to get their Medicare payment rates increased. We find that hospitals represented by members of the House of …

Determinants Of Firm-Level Domestic Sales And Exports With Spillovers: Evidence From China, Badi H. Baltagi, Peter H. Egger, Michaela Kesina

Center for Policy Research

This paper studies the determinants of firm-level revenues, as a measure of the performance of firms in China's domestic and export markets. The analysis of the determinants of the aforementioned outcomes calls for a mixed linear-nonlinear econometric approach. The paper proposes specifying a system of equations, which is inspired by Basmann's work and recent theoretical work in international economics and conducts comparative static analyses regarding the role of exogenous shocks to the system to flesh out the relative importance of transmissions across outcomes.

Port Competition And Cooperation In A Shipping Alliance Era : A Case Study On The Port Of Shanghai And Ningbo, Tianyi Jiang

World Maritime University Dissertations

No abstract provided.

Global Scenarios Of Urban Density And Its Impacts On Building Energy Use Through 2050, Michail Fragkias

Economics Faculty Publications and Presentations

Although the scale of impending urbanization is well-acknowledged, we have a limited understanding of how urban forms will change and what their impact will be on building energy use. Using both top-down and bottom-up approaches and scenarios,we examine building energy use for heating and cooling. Globally, the energy use for heating and cooling by the middle of the century will be between 45 and 59 exajoules per year (corresponding to an increase of 7–40% since 2010). Most of this variability is due to the uncertainty in future urban densities of rapidly growing cities in Asia and particularly China. Dense urban …

Local Neighbors As Positives, Regional Neighbors As Negatives: Competing Channels In The Relationship Between Others’ Income, Health, And Happiness, John Ifcher, Homa Zarghamee, Carol Graham

Economics

That well-being is decreasing in others’ income is termed the “relative income hypothesis” (RIH) by scholars of subjective well-being (SWB) and has substantial empirical support. Some studies, however, present evidence of both positive and negative explanatory channels in the relationship between others’ income and SWB. We develop a theoretical framework integrating four distinct channels through which neighbors’ income can affect utility: public goods, cost of living, expectations of future income, and direct effects (RIH or altruism). We estimate the relationship with SWB data from the U.S. Gallup-Healthways Well-Being Index and median-income data from the American Community Survey for ZIP codes …

A Technical Note On Spatial Aggregation For Independent Cities And Counties In Virginia, Jing Chen

Regional Research Institute Technical Documents

This document provides an overview of two approaches to treat Virginia’s independent cities in county-level data sets. Then, issues of spatial aggregation and geographical division change are introduced respectively. A Python function for spatial aggregation is also provided. Although this document focuses on independent cities and counties in Virginia, it can be extended into other regions for spatial aggregation.

Building Research Skills In The Macalester Economics Major, J. Peter Ferderer, Gary Krueger

Faculty Publications

Economics majors at Macalester College have won numerous awards for their research papers, and this success has helped them land jobs in finance, consulting, and the nonprofit sector, as well as gain admission to top graduate programs. This article describes how the Economics Department at Macalester promotes economic research among its students.

Retail Bottle Pricing At The Border: Evidence Of Cross-Border Shopping, Fraudulent Redemptions, And Use Tax Evasion, Ben J. Niu

Economics Faculty/Staff Publications

This paper examines the pattern of retail prices for deposit eligible goods near Michigan’s borders. Michigan’s unique bottle redemption system and lower sales tax generate incentives for various potentially illegal household responses. Such incentives and behavior should be capitalized in the prices of affected goods. I empirically quantify the spatial price effects and find patterns consistent with theoretical predictions. Michigan’s border prices are higher (lower) for goods with higher (lower) per unit costs by up to 38%. Price-distance trends reflect the waning of these effects away from the border.

A Cross-Sectional Exploration Of Household Financial Reactions And Homebuyer Awareness Of Registered Sex Offenders In A Rural, Suburban, And Urban County., John Charles Navarro

Electronic Theses and Dissertations

As stigmatized persons, registered sex offenders betoken instability in communities. Depressed home sale values are associated with the presence of registered sex offenders even though the public is largely unaware of the presence of registered sex offenders. Using a spatial multilevel approach, the current study examines the role registered sex offenders influence sale values of homes sold in 2015 for three U.S. counties (rural, suburban, and urban) located in Illinois and Kentucky within the social disorganization framework. Homebuyers were surveyed to examine whether awareness of local registered sex offenders and the homebuyer’s community type operate as moderators between home selling …

Quantitative Easing: Money Supply And The Commodity Prices Of Oil, Gold, And Wheat, Aaron Kasteler

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

The recent financial crisis has raised awareness among the public regarding the role the Federal Reserve has in the broader economy, primarily as it pertains to overall price levels, and especially to commodities. Has the implementation of quantitative easing had an effect on underlying commodity prices and, if so, to what degree? Specifically, has the rise in the money supply created a subsequent rise in prices that are transferred onto the end consumer? This paper surveys the recent empirical evidence of the policy of quantitative easing as it relates to the money supply and commodity prices. It then uses this …

How To Enhance Interdisciplinary Competence—Interdisciplinary Problem-Based Learning Versus Interdisciplinary Project-Based Learning, Mirjam Brassler, Jan Dettmers

Interdisciplinary Journal of Problem-Based Learning

Interdisciplinary competence is important in academia for both employability and sustainable development. However, to date, there are no specific interdisciplinary education models and, naturally, no empirical studies to assess them. Since problem-based learning (PBL) and project-based learning (PjBL) are learning approaches that emphasize students’ collaboration, both pedagogies seem suitable to enhance students’ interdisciplinary competence. Based on the principle of constructive alignment and four instructional principles on interdisciplinary learning, this paper proposes that students profit more from interdisciplinary PBL (iPBL) than interdisciplinary PjBL (iPjBL). A pre-post study was conducted with a sample of 95 students participating in iPBL and 183 students …

Charges For Water And Access: What Explains The Differences In West Virginia Municipalities?, Elham Erfanian, Alan R. Collins

Regional Research Institute Working Papers

Applying linear and log-log functional forms plus spatial econometric analyses to a dataset of 125 municipal water utilities, we investigate the determinants of charges for water use and minimum monthly access to water across West Virginia municipalities in 2014. Water charges models are consistent with the theory of water cost determination as water source, debt, and economies of size plus scale influence what household consumers pay for water. Based on model results, groundwater use by utilities lowers water charges and is estimated to save household customers in West Virginia over $3.6 million annually. West Virginia households typically pay far below …

The Paramountcy Of Context: Introduction To Special Issue On Popular Culture And Markets In Turkey, Güliz Ger

Markets, Globalization & Development Review

No abstract provided.

Economic Impact Of World Bank Aviation Investment In Pacific Island Countries, Cindy Greenman, Javad Gorjidooz

Publications

The World Bank Group (WBG) has provided grant and credits to support projects related to aviation and air transport including capacity building, policy and regulation, safety and security, infrastructure rehabilitation, and institutional strengthening for over 60 years. Today, the WBG remains actively engaged on aviation related project in every region of the world including the Pacific Island Countries. The purpose of this paper is to investigate the economic impact of WBG investments in aviation infrastructures in Pacific Island Countries. The preliminary results of this study show a serious deficiency in the areas of aviation infrastructure, safety and security, management efficiency, …

Homeowner Preferences After September 11th, A Microdata Approach, Adam D. Nowak, Juan Sayago-Gomez

Economics Faculty Working Papers Series

The existence of homeowner preferences - specifically homeowner preferences for neighbors - is fundamental to economic models of sorting. This paper investigates whether or not the terrorist attacks of September 11, 2001 (9/11) impacted local preferences for Arab neighbors. We test for changes in preferences using a differences-in-differences approach in a hedonic pricing model. Relative to sales before 9/11, we find properties within 0.1 miles of an Arab homeowner sold at a 1.4% discount in the 180 days after 9/11. The results are robust to a number of specifications including time horizon, event date, distance, time, alternative ethnic groups, and …

The Demographic Drivers Of California’S Environmental Voting, Lukas Yasuda

Journal of Environmental and Resource Economics at Colby

This study examines the demographics of California’s 53 congressional districts and the relationship with the voting patterns on three environmentally focused propositions in the 2008 and 2010 elections. Previous literature on the topic is mixed as some studies suggest that select attributes are found among environmental voting centers, yet other research describes the relationship as more complex than simple characteristics. Previous literature on the topic is mixed, with some studies suggesting that select attributes are found among environmental vote support hubs, whereas alternative research suggests the problem is more complex than simple characteristics. I collected data on income, education, age, …

Sustainable Socio-Economic Development Of Cities: World Experience Review, M. Turdibaeva

International Relations: Politics, Economics, Law

In this article, the author reviewed the foreign experience and research results of prominent scientists in the field of sustainable socio-economic development of cities and brought his recommendations for sustainable socio-economic development of the cities of the Republic of Uzbekistan.