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Economic Impact Of South Dakota’S Regional Water Systems, Matthew J. Pajl, Delvin E. Deboer, Gary Taylor, Dwight Adamson Feb 2009

Economic Impact Of South Dakota’S Regional Water Systems, Matthew J. Pajl, Delvin E. Deboer, Gary Taylor, Dwight Adamson

Water and Environmental Engineering Research Reports

Regional water systems are a primary conduit of water supply for much of South Dakota’s rural and small community populations. As of 2006, greater than one-third of South Dakota’s population was served by water supplied from regional water systems, and when Lewis and Clark Rural Water delivers water to Sioux Falls, over one-half of South Dakota’s population will be served by regional water systems. Greater than 75% of incorporated communities with public water supplies are served by regional water systems, either as bulk communities or as individual customers. Many farms and agricultural industries use rural water for domestic use, livestock …

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2008 City Of El Paso Business Climate Survey, Carlos Olmedo, Guadalupe Corral, Roberto Tinajero, Mario Caire, Dennis L. Soden Feb 2009

2008 City Of El Paso Business Climate Survey, Carlos Olmedo, Guadalupe Corral, Roberto Tinajero, Mario Caire, Dennis L. Soden

IPED Technical Reports

No abstract provided.

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U.S. Current Account Debate With Japan Then, With China Now, Hiro Ito Feb 2009

U.S. Current Account Debate With Japan Then, With China Now, Hiro Ito

Economics Faculty Publications and Presentations

This paper examines two U.S. current account deficit episodes, one in the 1980s and the other in the current 2000s, in which Japan and China, respectively, are the current account surplus countries that are criticized for contributing to the deficits. In both periods, U.S. policy makers pointed out the underdeveloped and closed financial markets of the current account surplus countries and advocated for these countries to fix the deficiencies, a position akin to the current “saving glut” argument. In both episodes, the current account surplus countries have criticized the United States for its low saving, especially public saving (the “Twin …

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Borderless Bits: Electronic Globalization And Its Social Consequences, Nikhilesh Dholakia Jan 2009

Borderless Bits: Electronic Globalization And Its Social Consequences, Nikhilesh Dholakia

College of Business Faculty Publications

Globalization of services with the aid of electronic technologies - popularly called outsourcing or offshoring - has been accelerating. In this paper, the factors that drive electronic globalization - as distinct from factors that drive the general process of globalization - are discussed briefly. A simple model of a 2-firm USA-India dyad engaged in outsourcing relationships is presented to outline the economic basis for electronic globalization. By introducing wider political and cultural forces, progressively more complex views of the electronic globalization phenomenon are presented. Finally, the interplays of the economic, political, and cultural forces are explored to arrive at a …

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The Obama's Administration Likely Changes In U.S. Employment Policy, Randall W. Eberts Jan 2009

The Obama's Administration Likely Changes In U.S. Employment Policy, Randall W. Eberts

Periodical Articles

No abstract provided.

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New Mexico Labor Market Review 01-04-2009, New Mexico Department Of Workforce Solutions Jan 2009

New Mexico Labor Market Review 01-04-2009, New Mexico Department Of Workforce Solutions

Historic Publications

The New Mexico Labor Market Review is a monthly publication presenting statistical data and analysis on labor market conditions throughout New Mexico. Issues examine statewide and regional trends in employment, unemployment, labor force estimates, industry activity, wages, occupational demand, and related economic conditions, often accompanied by feature articles on topics affecting the state’s economy. This issue covers November 2009.

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The Labor-Market Returns To Community College Degrees, Diplomas, And Certificates, Christopher Jepsen, Kenneth R. Troske, Paul Coomes Jan 2009

The Labor-Market Returns To Community College Degrees, Diplomas, And Certificates, Christopher Jepsen, Kenneth R. Troske, Paul Coomes

University of Kentucky Center for Poverty Research Discussion Paper Series

This paper provides the first detailed empirical evidence of the labor-market returns to community college diplomas and certificates. Using detailed administrative data from Kentucky, we estimate panel-data models that control for differences among students in pre-college earnings and educational aspirations. Associate’s degrees and diplomas have quarterly earnings returns of nearly $2,000 for women, compared to returns of approximately $1,500 for men. Certificates have small positive returns for men and women in most specifications. There is substantial heterogeneity in returns across fields of study. Degrees, diplomas, and certificates all correspond with higher levels of employment.

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Tolerance, Democracy And Fundamentalism(S) : Challenges In Time Of Systemic Bifurcations, Guillermo C. Hansen Jan 2009

Tolerance, Democracy And Fundamentalism(S) : Challenges In Time Of Systemic Bifurcations, Guillermo C. Hansen

Faculty Publications

No abstract provided.

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A Comprehensive Economic Stimulus For Our Failing Economy, Sarah R. Anderson, Steven T. Ferraro, Jeffrey D. Greenlaw, Justin E. Holz, David H. Krisch, Jonathan M. Koury, Jamee L. Kuznicki, Stephen M. Mcnamee, Jeffrey D. Ryckbost, Kristi L. Saeger, Andrew L. Smith, Daniel B. Sprague, Ryan Willaurer, Timothy D. Wills, Benjamin B. Wood Jan 2009

A Comprehensive Economic Stimulus For Our Failing Economy, Sarah R. Anderson, Steven T. Ferraro, Jeffrey D. Greenlaw, Justin E. Holz, David H. Krisch, Jonathan M. Koury, Jamee L. Kuznicki, Stephen M. Mcnamee, Jeffrey D. Ryckbost, Kristi L. Saeger, Andrew L. Smith, Daniel B. Sprague, Ryan Willaurer, Timothy D. Wills, Benjamin B. Wood

Gettysburg Economic Review

This paper presents a comprehensive plan to fix the ailing American economy, through a five-step approach. First, the Federal Reserve must continue to broaden the scope of monetary policy, by purchasing and selling long-term securities. Manipulating expectations through FOMC statements is another tool at the Federal Reserve’s disposal. Secondly, the government must enact fiscal stimulus to stabilize the economy in the short and medium runs, through investment in infrastructure projects, green technology, fusion technology, and science education. Additionally, the new fiscal policy must tackle the mortgage meltdown, which is weighing down the entire economy. Third, the regulatory system must be …

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The Economic Decline Of Zimbabwe, Chidochashe L. Munangagwa Jan 2009

The Economic Decline Of Zimbabwe, Chidochashe L. Munangagwa

Gettysburg Economic Review

For the past decade, Zimbabwe has been experiencing an economic decline that has resulted in an inflation rate of 231 million percent and an unemployment rate of over 90 percent. Past research has concluded that the economic decline of Zimbabwe has mainly been caused by poor monetary policies and failure of fiscal policies to control the budget deficit. This research aimed to closely examine some of these policies that the Zimbabwean government implemented, the effects of these policies on economic activity, employment and inflation levels in the country. By interviewing many economic analysts in Zimbabwe, I managed to gather the …

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The Gettysburg Economic Review, Volume 3, Spring 2009 Jan 2009

The Gettysburg Economic Review, Volume 3, Spring 2009

Gettysburg Economic Review

No abstract provided.

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The Effect Of Aid Dependency And Quality Of Institution In Alleviating Poverty In Ida Countries, Mahah Mirza Jan 2009

The Effect Of Aid Dependency And Quality Of Institution In Alleviating Poverty In Ida Countries, Mahah Mirza

Empirical Economic Bulletin, An Undergraduate Journal

Poverty alleviation has been a topic of much discussion ever since the Millennium Development Goals were set by World Bank in the 1990s. This paper examines to what extent aid dependency and quality of institution affect 31 IDA countries in achieving the first of eight MDG. The study provides evidence that although these IDA countries experience a decrease in poverty, it may not be enough to meet MDGs by 2015. Aid dependency increases the poverty level whereas some Quality of Institution indicators such as control of corruption, rule of law and regulatory quality have greater impact in reducing poverty than …

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Energy Security: An Australian Nuclear Power Industry, Geoff I. Swan Jan 2009

Energy Security: An Australian Nuclear Power Industry, Geoff I. Swan

Australian Security and Intelligence Conference

Climate change and energy security are driving a worldwide renaissance in nuclear power. An Australian nuclear power industry has also been seriously investigated by the Australian government and its agencies. This paper provides a broad overview of the nuclear fuel cycle and the nuclear power industry. It identifies aspects that are sensitive to nuclear terrorism and nuclear weapons proliferation to help security professionals identify threats and prepare for a possible Australian nuclear power industry.

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Grant Writing Handbook For Our Lady Of Fatima Parish School, Tracy Severson Jan 2009

Grant Writing Handbook For Our Lady Of Fatima Parish School, Tracy Severson

Theses, Dissertations and Capstones

This manual is an applied thesis written for Our Lady of Fatima Parish School, a small Catholic school located in Huntington, West Virginia. Its purpose is to introduce novice grant writers to the terms and processes associated with grant writing for this particular parochial school. The manual guides the fledgling writer through church and school history, ideas and strategies to develop the grant, grant writing and the post-submission process. Only examples from submitted church grants are referenced and all address Our Lady of Fatima needs and mission statement. The handbook is intended as a springboard for grant writing in the …

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The Effects Of Framing, Risk, And Uncertainty On Contributions Toward A Public Account: Experimental Evidence, Justin E. Holz Jan 2009

The Effects Of Framing, Risk, And Uncertainty On Contributions Toward A Public Account: Experimental Evidence, Justin E. Holz

Gettysburg Economic Review

This paper uses laboratory evidence from four strategically equivalent voluntary contribution games to evaluate differences in contributions toward a public account due to framing, risk, and uncertainty. I test four hypotheses. (1) Individuals contribute more to a public account when the dilemma is framed as the mitigation of a public loss than the provision of a public good. (2) Individuals contribute more to a public account when the loss is certain than when faced with the risk of a loss. (3) Individuals contribute more to a public account when the loss is certain than when environmental uncertainty is associated with …

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A Look At Women And Abortion In The United States, Denitsa D. Koleva, Kristina V. Marinova, Robyn A. Byrne Jan 2009

A Look At Women And Abortion In The United States, Denitsa D. Koleva, Kristina V. Marinova, Robyn A. Byrne

Gettysburg Economic Review

The issue of abortion is defined by ethical questions and, often, controversial views. This paper argues the importance of a coherent and enhanced effort to study the quantitative relationship between women’s characteristics and the average number of abortions in the United States. It specifically looks at the average number of previous abortions and socioeconomic and demographic characteristics, as this relationship has not been explored before in the existing literature. We expect to establish a correlation between the average number of previous abortions and characteristics such as age, marital status, income and highest degree of education completed. An empirical model is …

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Reading Adam Smith: Understanding The Misinterpretations & The Fallacy Of The Adam Smith Problem, Ross J. Witte Jan 2009

Reading Adam Smith: Understanding The Misinterpretations & The Fallacy Of The Adam Smith Problem, Ross J. Witte

Gettysburg Economic Review

This paper investigates Adam Smith’s intricate vision of human motivation and seeks to expose the fallacy of the “Adam Smith Problem”. Through an expansive study of the famed economist’s two most prominent works, An Inquiry into the Nature and Causes of the Wealth of Nations (WN) and The Theory of Moral Sentiments (TMS), I will show that the two are perfect complements of one other and that Adam Smith did not set down in one place his views on the nature of man. Adam Smith saw man for what he truly is, dominated by selfinterest but not without concern for …

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Adverse Selection In Annuity Markets: Evidence From The British Life Annuity Act Of 1808, Casey Rothschild Jan 2009

Adverse Selection In Annuity Markets: Evidence From The British Life Annuity Act Of 1808, Casey Rothschild

Economics Faculty Scholarship

We study adverse selection using data from an 1808 Act of British Parliament that effectively opened a market for life annuities. Our analysis indicates significant selection effects. The evidence for ad- verse selection is strongest for a sub-sample of annuitants whose an- nuities were purchased by profit-seeking speculators, a sub-sample in which “advantageous selection” resulting from multi-dimensional het- erogeneity is unlikely to have been significant. These results support the view that adverse selection can be masked by advantageous se- lection in empirical studies of standard insurance markets. JEL N23 D82.

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Indiana State University Financial Report 2009, Indiana State University Jan 2009

Indiana State University Financial Report 2009, Indiana State University

Financial Reports

No abstract provided.

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Does Perceiving A Shorter Life Expectancy Make You More Likely To Commit A Crime?, Jeremy Roth Jan 2009

Does Perceiving A Shorter Life Expectancy Make You More Likely To Commit A Crime?, Jeremy Roth

Award Winning Economics Papers

This paper develops an econometric model of crime using cross-sectional data for 2,728 U.S. counties in the year 2000. From the debate over the role of rationality in decisions based on heavy future discounting, I present a theoretical calculation for all costs faced by an individual deciding whether to commit a crime. This definition allows me to suggest a new variable for the economic study of crime, absent from the expansive body of literature available: the number of years an individual is expected to live. I find strong evidence that a higher perceived life expectancy has a negative impact on …

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Family Structure Choice: Taxation As An Incentive To Change, Aman Khanna Jan 2009

Family Structure Choice: Taxation As An Incentive To Change, Aman Khanna

The Corinthian

Traditionally defined as the union of one man and one woman charged with the responsibility of rearing children, the notion of family now includes a variety of living arrangements including non-marital cohabitation and single parents. The current study investigates individual incentives to change family structure from a person’s original status as single. This conceptual research, which is grounded in theories of marriage, proposes that federal, personal income tax is an input to change in family structure. A model of family structure change and propositions of the relationship between the federal tax and family structure are developed.

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Cities, Economic Development, And The Role Of Place-Based Policies: Lessons For Appalachia, Matthew Kahn Jan 2009

Cities, Economic Development, And The Role Of Place-Based Policies: Lessons For Appalachia, Matthew Kahn

University of Kentucky Center for Poverty Research Discussion Paper Series

This paper surveys economic research on the association between economic development and urban areas, links this summary to some important trends in economic outcomes in Appalachia in recent decades, highlights areas in need of future research on the role of urban areas as engines of economic development in Appalachia, and discusses what types of place-based policies might be effective to promote economic growth and development in the Appalachian region.

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Alasdair Macintyre’S Aristotelian Business Ethics: A Critique, John Dobson Jan 2009

Alasdair Macintyre’S Aristotelian Business Ethics: A Critique, John Dobson

Finance

This paper begins by summarizing and distilling MacIntyre’s sweeping critique of modern business. It identifies the crux of MacIntyre’s critique as centering on the fundamental Aristotelian concepts of internal goods and practices. MacIntyre essentially follows Aristotle in arguing that by privileging external goods over internal goods, business activity – and certainly modern capitalistic business activity – corrupts practices. Thus, from the perspective of virtue ethics, business is morally indefensible. The paper continues with an evaluation of MacIntyre’s arguments. The conclusion is drawn that MacIntyre’s critique, although partially valid, does not vitiate modern business as he claims. In short, modern business …

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The Effect Of Aging Populations On Inflation, Andrew Stone Jan 2009

The Effect Of Aging Populations On Inflation, Andrew Stone

Empirical Economic Bulletin, An Undergraduate Journal

This research uses panel data of 66 high and middle income countries to examine the inflation effects of demographics. The primary objective of this research is to show that consumer prices change based on the amount of retired persons in a nation. The double log model used in this paper also includes interest rates and uses data from 1991-2007 in order to demonstrate the most recent demographic shifts. The results showing inflationary pressure coming from young retirees compliment the Modigliani life-cycle hypothesis that this age group consists of net consumers, while the deflationary pressures provided by the working aged population …

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State Level Comparison Of Factors Contributing To Rising Inpatient Hospital Costs, Jeff Fontaine Jan 2009

State Level Comparison Of Factors Contributing To Rising Inpatient Hospital Costs, Jeff Fontaine

Empirical Economic Bulletin, An Undergraduate Journal

No abstract provided.

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Are Educated Women Less Likely To Get Married?, Qian Jiang Jan 2009

Are Educated Women Less Likely To Get Married?, Qian Jiang

Empirical Economic Bulletin, An Undergraduate Journal

In the past, there are some research indicate that highly educated women marry less. Because women tend to face the success penalty, however, a new analysis of U.S. census data indicates that--despite cultural messages to the contrary--the success gap, in which better educated women marry less, is actually shrinking. Using 2008 Current Population Survey, this paper utilized Probit regression to analyze how increase of women's educational attainment can influenced marriage and other aspects such as financial well-being. In addition, this study tries to estimate the best levels of education for women to be more likely to married.

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Estimating The Effectiveness Of A Vehicle Miles Traveled Tax In Reducing Particulate Matter Emissions, Jordan Larsen, Arthur J. Caplan Jan 2009

Estimating The Effectiveness Of A Vehicle Miles Traveled Tax In Reducing Particulate Matter Emissions, Jordan Larsen, Arthur J. Caplan

Applied Economics Faculty Publications

This study estimates the effectiveness of a vehicle miles travelled (VMT) tax in controlling mobile-source emissions of particulate matter (PM2.5) in a non-attainment area located in northern Utah. Using a recently updated household-level dataset, the study finds no evidence of an endogenous relationship between choice of vehicle type and VMT. VMT elasticities are also estimated with respect to cost per mile that are in some cases larger in magnitude than those reported in previous studies. Based on vehicle emissions tests performed by the Houston Advanced Research Center, the study estimates the reduction in particulate emissions that would occur with two …

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An Analysis Of Education Subsidy In The Presence Of Fertility Decisions, Human Capital Accumulation, And Spillovers, Woan Foong Wong Jan 2009

An Analysis Of Education Subsidy In The Presence Of Fertility Decisions, Human Capital Accumulation, And Spillovers, Woan Foong Wong

Honors Papers

The paper hypothesizes that the level of aggregate human capital in an economy affects the overall returns of an individual's human capital accumulation and fertility decision. However, the positive externalities from aggregate human capital are not internalized by households in their investment decisions. Using an overlapping-generations model, specify the household’s optimization problem in a rural developing country where parents have an old-age support motive that underlies the benefits of having and educating children. The optimal decision of parents is then contrasted with that of the social planner. They differ in that the social planner internalizes the externalities of aggregate human …

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Financial Liberalization And International Capital Flows, Nancy Neiman Auerbach, Yoonmin Kim, Thana Sompornserm Jan 2009

Financial Liberalization And International Capital Flows, Nancy Neiman Auerbach, Yoonmin Kim, Thana Sompornserm

Scripps Faculty Publications and Research

It is interesting that domestic and international financial liberalization are among the most often cited causes of the 1997–98 crisis. Liberalization in the Asian crisis countries took place prior to the crisis as did large capital inflows, many of which reversed during the crisis in the classic pattern of capital flow bonanzas ending in sudden stops (Calvo, Izquierdo, and Mejía 2008; Reinhart and Reinhart 2008; Sula and Willett 2009). Furthermore, China and India, with much less general financial liberalization and a continuing array of capital controls, were little hit by the crisis. Malaysia’s experiment with increasing capital controls during the …

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Hybrid Allocation Mechanisms For Publicly Provided Goods, Mary F. Evans, Christian A. Vossler, Nicholas E. Flores Jan 2009

Hybrid Allocation Mechanisms For Publicly Provided Goods, Mary F. Evans, Christian A. Vossler, Nicholas E. Flores

CMC Faculty Publications and Research

Motivated by efficiency and equity concerns, public resource managers have increasingly utilized hybrid allocation mechanisms that combine features of commonly used price (e.g., auction) and non-price (e.g., lottery) mechanisms. This study serves as an initial investigation of these hybrid mechanisms, exploring theoretically and experimentally how the opportunity to obtain a homogeneous good in a subsequent lottery affects Nash equilibrium bids in discriminative and uniform price auctions. The lottery imposes an opportunity cost to winning the auction, systematically reducing equilibrium auction bids. In contrast to the uniform price auction, equilibrium bids in the uniform price hybrid mechanism vary with bidder risk …

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