Digital Commons Network^™

Designing, Implementing, And Assessing A Financial Education Program At A Minority Serving University In The U.S.

Journal of Economics and Finance Education

This study assesses a tailored financial literacy program aimed at fostering financial inclusion and reducing the equity gap among minority populations in the U.S. at a large minority-serving university in an economically disadvantaged area. A needs assessment survey of 659 students informed the development of the program covering several personal finance topics. Using 404 completed surveys and a mixed methods approach, results indicated significant improvement in financial knowledge, confidence, and goal attainment with notable differences in perceptions between Hispanic and non-Hispanic participants. The results highlight the need and importance of customized financial education for minority populations.

Effects Of Intermediate Finance Course Timing On Performance

Journal of Economics and Finance Education

We study the effect of course timing and sequencing on performance of students taking intermediate corporate finance at a certain university. Controlling for student attributes, grades in intermediate and post principles overall were better if students had completed 1) investments and 2) financial markets and institutions, while the delay between completion of principles and intermediate was associated with reduced performance. The former effect appears to dominate. The relations tend to be stronger for students who entered the university as transfer students and for other specific populations. The population-specific results support a role for advising tailored to specific student characteristics and …

Tax Streams, Land Rents, And Urban Land Allocation, Yugang Tang, Zhihao Su, Yilin Hou, Zhendong Yin

Center for Policy Research

This paper examines the fiscal motives behind municipal governments' decisions to allocate commercial and residential land when two categories of land use are subject to different fiscal revenue alternatives: business-related tax and/or land rent. We use urban parcel-level land transfers during China’s peak period of urbanization, match commercial parcels with residential parcels, and find significant price discounts on commercial parcels relative to adjacent residential parcels. The observed discounts arise from the future tax flows from commercial use, i.e., expected taxes from developed commercial land reduce its transfer price. We conduct a structural estimation to examine the implications on land use …

Immigration Level And Its Impact On The United States Labor Market Tightness, Khai Quy La

Honors Theses

This research investigates the complex interplay between immigration labor and market equilibrium in the United States, focusing on the period from 2000 to 2019. By examining the correlation between the rate of net international migration and the unemployment-to-vacancy ratio (U/V) across 51 states, the study uncovers significant relationships that shed light on immigration dynamics in response to labor market conditions. The findings support the hypothesis that a decrease in the U/V ratio leads to an increase in immigration in the following period as immigrants seek improved job employment prospects.

Essays On Urban Transportation And Health Economics, Alexander P. Tsiukes

Graduate Theses, Dissertations, and Problem Reports (ETD)

The first chapter analyzes how Premier League games in London impact demand for the city’s bike-sharing system. Bike-sharing systems affect mode choice for within-city transportation. Using bike rental data from Transport for London, this chapter exploits the plausibly-exogenous timing of Premier League games to identify how proximity to stadiums affects demand for London’s bike-sharing system. Results indicate games at Stamford Bridge (stadium) cause a 24.36% increase in the number of bike trips arriving within 0.5km of the stadium, with effects diminishing as distance increases. In contrast, games at London Stadium decrease nearby bike-sharing use and may actually crowd out would-be …

The Populist Wave: Unpacking The Global Drivers Of 21st Century Right-Wing Populist Support, Ellie Fallon

Honors Theses

This thesis investigates the underlying causes of the global rise in right-wing populism support in the twenty-first century. I will examine both the origins of these shifts in public opinion and their consequences for political systems and global interactions. My analyses will take two forms: (1) a cross-national analysis of the rise in right-wing populism in 34 of the 38 member states of the Organization for Economic Cooperation and Development (OECD) to explore the demographic factors that exhibit a relationship with populist attitudes and (2) case studies of right-wing populism in the contemporary United States (with particular attention to former …

Trading Perspectives: The Impact Of Gender In Shaping National Trade Policies, Katherine Kwiatkowski

Honors Theses

Economic and political factors have been shown to influence the trade policy decisions of national leaders. The impact of a national leader’s gender on their trade policy preferences remains an underexplored area of research. The increasing share of female national leaders raises the question of whether their policy preferences vary from those of male leaders because of their gender. In this study, I utilize the gender of a nation’s leader to implement a two-way fixed effects regression that analyzes the impact of gender on a leader’s trade policy preferences. Controlling for factors that could also impact a leader’s trade policy …

The Economic Impacts Of Digital Nomads In Medellin, Colombia, Bernadette Patricia Farmer

Honors Theses and Capstones

As a result of increasing internet accessibility and the rise in popularity and possibility of remote work following the COVID-19 pandemic, workers from advanced economies have applied the work-from-home routine while visiting different countries. These destination cities have lower living costs and remote workers can experience increased purchasing power and new cultures. To fully take advantage of their professional autonomy, these workers, known as digital nomads, stay in each international location for one to three months before traveling elsewhere – conveying their propensity for nomadism. Digital nomads (hereafter referred to as DNs) have economic impacts on their host cities in …

The Effect Of Housing Burden And Access To Affordable Housing On Abortion Rates, Isabelle Huggard

Honors Theses

In the United States a household’s highest expenditure is housing. Low-income households feel this more acutely and have higher rates of housing burden. Past research documents a link between financial constraints and abortion. Three studies published in 1988, 2004, 2014 sought to understand the reasons women get abortions, and found that finances are a prominent reason given. If housing is a large share of household finances and finances play a large role in abortion demand, how might housing affect abortions? This study looks at the effect of three housing mechanisms on abortion rates: rent to income rate, mortgage to income …

The Impact Of U.S. News And World Report College Rankings On Prospective Students’ Decisions And Enrollment Outcomes, Camilla Schneider

Honors Theses

The following paper further expands on previous research using more recent data which is important given changes in the last decade. This paper will answer the question: How do U.S. News and World Report college rankings impact college application and enrollment decisions for prospective students within American public and private colleges and universities? Application decisions refer to the choice to apply to a school while enrollment decisions refer to the choice to attend a school after being accepted. This paper analyzes Integrated Postsecondary Education Data System (IPEDs) admissions/applicant, fall enrollment, and financial data alongside historical USNWR rankings lists to investigate …

The Role Of Place Of Birth And Residence In Puerto Rican Health Disparities: Evidence From Disability Prevalence Among Archipelago- Vs. Mainland-Born Puerto Ricans, Mara Getz Sheftel, Frank W. Heiland

Publications and Research

Objectives: This paper provides new estimates of disability prevalence for the archipelago and mainland-residing Puerto Rican populations ages 40 and above and compares disability by place of birth and place of residence to investigate drivers of middle and older age health.

Methods: Large nationally representative samples from 2013 to 2017 American Community Survey and Puerto Rico Community Survey data are used to estimate age-specific disability prevalence for archipelago-born/archipelago-residing, archipelago-born/mainland-residing, mainland-born/mainland-residing Puerto Ricans.

Results: Mainland-born/ mainland-residing Puerto Ricans have the lowest age-adjusted disability rates and archipelago-born/archipelago-residing Puerto Ricans have the highest rates. Differences in education explain part of this disparity.

Discussion: …

Market Trends And Emerging Opportunities: Thailand And Japan In The Evolving Us Packaging Industry, Patsanut Dejavichitlert

Chulalongkorn University Theses and Dissertations (Chula ETD)

This paper examines the packaging industries of Thailand and Japan, with a focus on their competitiveness and potential for success within the evolving US market. The research explores the size, structure, and comparative advantages of each country's packaging sector. Analyses, including the Revealed Comparative Advantage (RCA), Trade Specialization Index (TSI), Porter's Five Forces, Porter's Diamond Model, and SWOT analysis provide a comprehensive assessment of the strengths, weaknesses, opportunities, and threats faced by Thai and Japanese packaging firms. The study reveals that both Thailand and Japan possess unique advantages, with Thailand's cost-competitiveness and Japan's focus on innovation and quality offering distinct …

Improving American Men's Quality Of Life By Economically Empowering American Women, Margot Rosenblatt

Scripps Senior Theses

In this paper, I explore the relationship between women’s economic empowerment and men’s quality of life in the United States. I created an index of women’s economic empowerment based on county-level data on labor force participation rates, rates of pay, teen birth rates, and families in which a woman is the primary income earner. I then created an index of men’s quality of life based on financial, physical, and mental health indicators. Adjusting for income, dominant industry type, age, population density, race variables, and environmental factors, I found a statistically significant positive correlation between women’s economic empowerment and men’s quality …

Essays On The Urgent Care Market, Thomas Wilk

Wayne State University Dissertations

This dissertation examines aspects of the urgent care market. We first explore the history and recent trends of urgent care, from its inception in the 1970 to its growing competition with primary care physicians and retail clinics in the 2010s. We examine aspects of how urgent care can impact a patient’s medical home and its use of pricing transparency that is sweeping the nation. We examine the growing need for patient convenience and flexibility in care with retail clinics encroaching the urgent care service space. We also cover the development of technology to better facility telehealth visits and to disrupt …

Essays On Corporate Debt Structure, Kyuyoung Oh

Theses and Dissertations--Finance and Quantitative Methods

The dissertation consists of three chapters exploring three different facets of corporate debt structure choice. In the first chapter, “Risk Management and the Choice between Secured and Unsecured Debt: Evidence from Natural Experiment,” I study whether and how corporate hedging affects firms’ choice between secured and unsecured debt. Exploiting the introduction of steel futures as a natural experiment, I provide causal evidence that risk management enables firms to switch from secured to unsecured debt without sacrificing debt capacity. Cross-sectional evidence supports the interpretation that risk management drives the results. The effects are stronger for firms that are more likely to …

The Effect Of Remittances On Housing Expenditure In Filipino Households, Joaquin Franco Rigonan, Angelo Salvo, Lawrence B. Dacuycuy, Tereso S. Tullao Jr, Winfred Villamil, Krista Yu

Angelo King Institute for Economic and Business Studies (AKI)

Overseas Filipino Workers (OFWs) have chosen to work abroad due to the abundance of better work opportunities and a higher salary earned. Migrant workers send remittances to their families from their country of origin to bring extra income for these households to spend on essential consumption. These remittances serve as additional income and protection for recipient households, easing their consumption and enabling them to spend their money on education, housing construction, and household electrical appliances. Numerous existing literature has stated that household-receiving remittances spend more money on investments that will help improve their standard of living; one of these investments …

The Relationship Of Esg Component Scores And Creditworthiness On Publicly Listed Firms In The Asean-5 Countries, Shayne Jefferson Alvarez, Charlene Ashley C. Cu, Lance L. Lamberte, Patrick Henry G. Yap, Paulynne J. Castillo, Roberto B. Raymundo, Joel Q. Tanchuco

Angelo King Institute for Economic and Business Studies (AKI)

ESG ratings are crucial for ASEAN-5 businesses' creditworthiness. While existing studies often concentrate on ESG's impact on financial performance or general pillars, a detailed exploration of the 10 specific ESG components in the ASEAN-5 is lacking. This study addresses this gap, examining how ESG ratings affect a company's creditworthiness (probability of default) in publicly traded companies across the ASEAN-5 countries while considering potential heterogeneity. Utilizing annual data from 2013-2022 for 10 ESG components and Eikon Refinitiv's probability of default via the Starmine Combined Credit Risk Model across ASEAN-5, the study employs a panel OLS regression model with White's Robust Standard …

Cap-And-Trade And Air Quality: Which Communities Benefit The Most?, Nicole Bobbs

Williams Honors College, Honors Research Projects

Air Quality significantly impacts public health, particularly for individuals with respiratory issues. Cap-and-trade (CAT) programs aim to mitigate emissions, focusing on greenhouse gases to improve air quality. This paper evaluated the long-run effectiveness of CAT programs, comparing multi-sector and single-sector initiatives, and their impact on air quality across counties with varying economic statuses. Using a difference-in-difference approach, comprehensive data spanning recent years up to 2023 is analyzed. The dataset includes air quality measures, population, personal income, average temperature, precipitation, and vehicle registrations enabling a thorough examination of the programs’ effects. Results reveal a complex relationship. Both programs’ initiatives create a …

A Case Study Analysis Of The Financial Structure Of Boko Haram In Nigeria, John O. Opara

Department of Conflict Resolution Studies Theses and Dissertations

This study examined the various techniques used by Boko Haram (BH) to source funds for its violent activities in Nigeria. The study also examined the reasons why the group maintains support from the locals and others despite the violence the group has caused in Nigeria. A case study qualitative research technique was selected by using Key Informant Interviews (KII) and relevant document review to gather data to address the central questions of why Boko Haram has support, and why it maintains a strong financial structure. Findings of the study revealed that Boko Haram has several sources of funding and support …

Justice As Fairness Or As Inclusion: Putting Rawls In Conversation With The Bans On Transgender Athletes, Nicole Player

Pomona Senior Theses

The last decade has seen a flurry of anti-transgender bills introduced and passed in the United States, and the topic that has likely been the most hotly debated regards the dozens of state bans on transgender athletes. While most discussions of these bans go straight to a debate about physiology, this thesis centers instead on a question of justice. In the debate of whether to allow a transgender girl to compete in girls’ sports, is it more “just” to prioritize fairness in women’s sport, as these bans do, or is it more just to prioritize inclusion? This thesis, in finding …

Medical Expenditures And The Measurement Of Poverty In The United States, Luke Petach, David Wyant

Faculty Scholarship

Using data from the Medical Expenditure Panel Survey (MEPS) we estimate the fraction of the US population that is health poor. A person is health poor if their income prior to paying health insurance premiums and out-of-pocket healthcare costs is above the poverty line, but their income net-of-premiums and out-of-pocket healthcare costs is below the poverty line. Because resources used to finance health insurance premiums and out-of-pocket costs are (A) lexicographically preferred and (B) cannot be used to maintain an individual’s standard of living, they should be excluded from official poverty estimates. Approximately 1% to 2% of the US population …

Measuring Changes In Pork Demand, Welfare Effects, And The Role Of Information Sources In The Event Of An African Swine Fever Outbreak In The United States, Pratyoosh Kashyap, Jordan F. Suter, Sophie C. Mckee

United States Department of Agriculture Wildlife Services: Staff Publications

African swine fever (ASF) has never been detected in the United States, but the current global outbreak threatens to change that. Although ASF poses no known risk to human health and is not a food safety concern, little is known about the response in U.S. consumer demand in case of an outbreak. We use an online survey experiment, following the one-and-one-half-bound dichotomous choice contingent valuation approach to estimate changes in consumers’ willingness to pay for pork in case of an ASF outbreak. Using these estimates, we find that demand for unprocessed pork (processed pork) products in the U.S. is predicted …

A Market Strategy Analysis Of Doi Kham Company, Cholachai Sirisawat

Chulalongkorn University Theses and Dissertations (Chula ETD)

This article is conceived with the objective of utilizing data from Doi Kham Food Products Company Limited as the focal point of research. It delves into market narratives and comprehensive market data, as well as the growth trajectory of the company in accordance with the royal initiatives of His Majesty King Bhumibol Adulyadej (King Rama IX). His Majesty's aspirations aimed to alleviate the hardships faced by rural communities in the highlands of Northern Thailand, transitioning towards a company engaged in the production and procurement of agricultural products, supplying both domestic and international markets with stability and concurrent growth in agriculture. …

Entire Volume Journal Of Banking And Financial Economics 2024, 1(21)

Journal of Banking and Financial Economics

Entire Volume Journal of Banking and Financial Economics 2024, 1(21)

Expansionary Federal Monetary Policy And U.S. Banks’ Risk Profiles During The Covid-19 Pandemic-Induced Economic Recession, Maoyong Zheng, Cesar Escalante

Journal of Banking and Financial Economics

This study focuses on the pandemic phase when the U.S. economy dealt with significant economic recessionary pressures due to widespread, prolonged social mobility restraints. The Federal Open Market Committee (FOMC) promptly pursued expansionary policies, such as lowering the federal funds rate to almost zero until February 2022. This study employs a Dynamic Panel Data Generalised Moment Method Model (DPD-GMM) to analyse the impact of the COVID-19 pandemic’s economic shocks and FOMC’s expansionary policy on U.S. banks’ loan portfolio and asset complement risk profiles. Our analysis extends from two pre-pandemic years through the pandemic recession and recovery periods (until early 2022) …

Essays On Public Finance And International Finance, Deepti Sikri

Electronic Theses & Dissertations (2024 - present)

The first chapter examines New York State's Fiscal Score Monitoring program to find the effect of two quality labels on school district outcomes: fiscal stress scores, reflecting the budget solvency, and environmental stress labels reflecting economic and demographic conditions. Using the NYS school district data from 2013-22, I employ the regression discontinuity design to find the effect of stress labels, in response to the political pressure on district finances, housing, and school outcomes. I find the effect of fiscal stress label is limited, leading to a decrease in the fund balance ratio and an increase in the tax rate. However, …

Compassion Cartography: Mapping The Psychological Landscape Of Altruistic Equity And Effectiveness, Kyle Fiore Law

Electronic Theses & Dissertations (2024 - present)

Psychologists and philosophers have often championed deliberative reasoning over empathy as a better approach to overcoming parochial biases and guiding altruistic equity and effectiveness. Advocates of the effective altruism (EA) philosophy even advise philanthropists to downregulate empathic responses to maximize the impact of their donations. However, recent research reveals that extraordinary altruists (XAs), such as those who donate organs to strangers, are driven primarily by empathy. This dissertation explores whether empathy necessarily impedes altruistic equity (impartial regard for others’ welfare) and effectiveness (prioritizing impact), revealing a more nuanced reality that challenges this perspective. Across two phases of research involving three …

Esop Shocks: Employee Ownership And Employment Stability In Public Firms During The Covid-19 Crisis, Richard Taylor Lennox

Graduate Student Theses, Dissertations, & Professional Papers

Did employee ownership preserve jobs and firm-level skill retention during the COVID-19 pandemic? In the United States, employee ownership (EO) primarily takes the form of Employee Stock Ownership Plans (ESOPs). Using a longitudinal dataset composed of Department of Labor Form 5500 – CompuStat Fundamentals matched data from 2010-2022, this thesis examines the relationship between ESOPs and employment stability during the COVID pandemic for a large sample of public firms in the US. A fixed effects specification, controlling for a vector of firm characteristics and the national employment-to-population ratio, suggests that ESOPs had an employment-cushioning effect in public firms during the …

Bekerja Tetapi Tetap Miskin, Apakah Permasalahan Kemiskinan Multidimensi?, Abdus Salam, Endan Suwandana, Watekhi Watekhi

Jurnal Ekonomi dan Pembangunan Indonesia

Working but still in poverty, is one of the phenomena of poor workers where they continue to work but their work does not guarantee them a better life. This study uses the concept of poverty from a monetary and multidimensional perspective. This study uses data from the March 2018 National Socioeconomic Survey (Susenas) and 2018 Village Potential Survey (Podes), and uses logistic regression to analyze whether the phenomenon of the working poor is a multidimensional poverty problem. The results of the study stated that poor workers have a close relationship with low education, millennial/young workers, a single parent, employees, a …

Legacy Of Labour: The Impact Of Parental Occupations On Children’S Careers Choices And Income Inequality, Swapnil Landge

Publications and Research

This paper investigates how intergenerational occupational mobility and self-selection into occupations are influenced by the occupations of parents. The results demonstrate that children who pursue their parents’ occupations, particularly those in the lowest earnings percentiles, are more negatively self-selected compared to those whose parents are in the highest earning deciles. In particular, 65% of the children who pursue their parents’ occupation in Decile 1, 49% in Decile 2, 32% in Decile 3 and 26% in Decile 4 would have achieved higher productivity and earned higher earnings in high-income occupations (specifically in Decile 10 occupations). In contrast, children from high-income backgrounds …