Digital Commons Network^™

Diversifying Investment Portfolios With Collectible Sneakers: Expected Returns And Benefits Of Diversification, Samuel Soo

CMC Senior Theses

This thesis seeks to identify if collectible sneakers can provide diversification benefits to an investor’s portfolio. Using data from a global collectible sneaker marketplace, StockX, I constructed an index to compare it with other traditional assets, including the S&P 500 index and 5-year US Treasury Bills. By calculating key metrics including expected returns, volatility, and correlation, I analyzed the risk-return characteristics of the collectible sneaker asset class compared to other traditional asset classes. From the data analysis I performed, I found that collectible sneakers did not outperform returns significantly compared to traditional asset classes, but had low correlations, which provides …

The Socioeconomic Impact And Allocative Discrepancies Of Fema Disaster Declarations And Aid, Emma Ranheim

CMC Senior Theses

In my thesis I examine the impact of natural disaster declarations on socioeconomic outcomes. I use counties that requested, but did not receive, a natural disaster declaration as controls for treatment counties that received the requested declaration. I construct a county-by-year panel dataset covering 2005 to 2016. I estimate a difference-in-differences model to estimate socioeconomic outcomes resulting from the disaster declaration decision. I find that receiving a declaration was associated with a 0.8 percentage point poverty reduction in 2010, but no other years or changes in socioeconomic outcomes were causally and significantly established by my model.

Gambling Autonomy: The Impact Of Latin American Central Bank Independence On Risk Aversion Within Monetary Policy Implementation, Julia Duarte Schulman

CMC Senior Theses

This paper examines the effect of Latin American central bank independence (CBI) on risk-averse behaviors in monetary policy. Using a fixed effects panel regression, I document how multiple forms of monetary policy are influenced by different macroeconomic variables, conflicting policy targets and central bank independence benchmarks. The results show that increasing CBI has a positive impact on risk aversion, especially in policies targeting inflation and money supply. Additionally, the results show that interest rates and reserve requirements were especially susceptible to changes in independence, while the monetary base and volume of domestic credit were less influenced. Finally, as time and …

‘It’S Like Baking A Cake’: An Analysis Of Conscience Voting In The New Zealand House Of Representatives Since The Introduction Of The Mixed-Member Proportional System In 1996, Harrison Hosking

CMC Senior Theses

Conscience voting in the New Zealand House of Representatives offers a unique opportunity to assess Sam Peltzman’s ‘Principal-Agent Theory’ as outlined in his 1984 paper, Constituent Interest and Congressional Voting.

This thesis begins with a brief assessment of the principal-agent model (and other literature regarding parliamentary representation) before looking at the New Zealand Parliamentary system and the phenomenon of private member’s bills and how they aid the legislative process. This is followed by an exploration of a constructed dataset of conscience votes that have occurred since the inception of the mixed-member proportional (MMP) electoral system in 1996. An analysis …

Akses Pelayanan Kesehatan Keluarga Berstatus Ekonomi Rendah Di Era Jkn, Prastuti Soewondo, Meliyanni Johar, Retno Pujisubekti

Jurnal Ekonomi dan Pembangunan Indonesia

Economically disadvantaged families often cannot pay for healthcare. Since Jaminan Kesehatan Nasional (JKN) was launched in 2014, the government expands subsidies for these families, identified based on consumption. However, this criterion would misclassify families with low purchasing power as economically advantaged because they have large consumption, financed through social assistance. This paper uses the income from the main job instead to determine families’ economic rank. Based on 35 percent of families with the lowest income, utilisation increases with insurance availability. Predictions using consumption as the gauge for economic rank are underestimated, up to 71 percent for inpatient services.

Evaluating The Economic Impact Of Covid-19 Pandemic, John Adams, Mostafa Aboelsoud

Economics

No abstract provided.

Generalized Trust And Economic Growth: The Nexus In Mena Countries, Rania Miniesy, Mariam Abdelkarim Ms.

Economics

This study mainly examines the relationship between generalized/horizontal/social trust and economic growth in countries in the Middle East and North Africa (MENA) region, considering the substantial decline in their trust values since 2005. The study utilizes a multiple linear regression model based on panel data comprising 104 countries over the period from 1999 to 2020. Trust data were obtained from the last four waves of the World Values Survey (WVS). A Pooled Ordinary Least Squares (POLS) estimation technique was used, and interaction terms between trust and several dummy variables were employed. The results show an overall positive and significant relationship …

The Role Of Tax Incentives On Business Location And Economic Growth, Sadie Xi Rose Mazzola

Honors Theses and Capstones

No abstract provided.

Classical Models, Anwar Shaikh Phd

Archives of Anwar Shaikh

22-17_Classical Models.pdf You said: as an archivist detailing a new entry, analyze the uploaded file and give an outline of the material with all dates standardized, all bullet-point item formatting, and sentence case for titles, and italics for all titles, 1.5 spacing between paragraphs, and expand the published items into full apa references with publisher details and journal information but without internet links, or further description, standardize the handwritten notes, emails, and comments into full apa-style manuscript citations so they match the level of formality of the published and class paper with all handwritten notes credited to anwar shaikh, phd …

Impacts Of Forest Tax Programs On Property Tax Rates In Michigan's Upper Peninsula And Northern Wisconsin, Elsa Schwartz

Dissertations, Master's Theses and Master's Reports

Forest tax programs offer reduced property taxes to private forest owners as incentive to sustainably manage their forests and to encourage the provision of ecosystem services. They also protect forests from conversion to other land uses and ensure the viable supply of timber for forest products industries. Despite the benefits that these programs provide, they can negatively impact local municipalities by reducing the property tax base, which can then cause local governments to increase tax rates for non-preferential properties in order to maintain revenue needed to run their services. This shifts the tax burden from participating properties to nonparticipating properties. …

Black Maoism, But Make It Fashion: How The Black Panther Party Utilized Mao Zedong’S Marxist Interpretations In Conjunction With Fashion To Redefine Us Militarism, Chiugo Akujuobi

Scripps Senior Theses

This thesis explores the intersections present between the multifaceted, sociopolitical institutions of Marxism and communism with a highlight on their seedling Maoism; the revolutionary organization that is the Black Panther Party; and the art of fashion and processes that create modes of dress, that emblazon dress with identity, meaning, and purpose. The lenses with which these complex topics will showcase themselves and intersect are through militarism and militarization. These lenses and topics of intersection work in tandem to produce an examination of the Black Panther Party’s subversion and redefinition of the practices of militarism and militarization. Specifically, the main point …

Do Global Pandemics Matter For Stock Prices? Lessons From The 1918 Spanish Flu, Marco Del Angel, Caroline Fohlin, Marc D. Weidenmier

Business Faculty Articles and Research

We study the impact of the 1918 Spanish Flu on U.S. stock prices. We use the death rate to control for the impact of the global pandemic and war news reported in the New York Times to capture the positive effects of the end of World War I on stock prices. Using a new weekly hand collected NYSE stock price index, we show that there is a -.73 correlation between the aggregate stock market and the death rate. Furthermore, vector autoregressions demonstrate that the death rate can explain up to 24 percent of the forecast error variance in the aggregate …

The Effect Of The Investment Tax Credit Policy On Renewable Energy Resources In The United States Relative To Europe, Laura B. Epperson

Scripps Senior Theses

This paper aims to explore the effect of the Investment Tax Credit policy on the production and usage of renewable energy resources in the United States and whether the implementation of this policy in the US helped close the gap with European Countries. It focuses largely on the economic theory of incentives, cost/benefit analyses, and the theory of externalities. To analyze this, data was collected from the World Bank and the Quality of Government Dataset and the effectiveness of this policy was measured using four outcome variables: Renewable Energy Consumption, Fossil Fuel Consumption, Renewable Electricity Output, and Greenhouse Gas Emissions. …

Effects Of States’ Laws On Youth Physical Activity Participation And Obesity Prevalence, Chae Young Chang

Midwest Social Sciences Journal

The alarming prevalence of obesity and lack of physical activity among adolescents led to immediate policy action to address these concerns. Accordingly, many states introduced and enacted their own legislation to encourage physical activity in schools. Few studies have explored the effectiveness of the new legislation, however, especially at the state level. To answer the fundamental question of whether policy is effective and to describe the varying effects of state obesity policies, this study analyzed the Youth Risk Behavior Surveillance System from 2007 to 2017. Using the difference-in-differences method, this study found that legislative efforts to encourage physical activity had …

Profitable Retail Customer Identification Based On A Combined Prediction Strategy Of Customer Lifetime Value, Yinglu Sun, Dong Cheng, Subir Bandyopadhyay, Wei Xue

Midwest Social Sciences Journal

As a fundamental concept of customer relationship management, customer lifetime value (CLV) serves as a crucial metric to identify profitable retail customers. Various methods are available to predict CLV in different contexts. With the development of consumer big data, modern statistics and machine learning algorithms have been gradually adopted in CLV modeling. We introduce two machine learning algorithms—the gradient boosting decision tree (GBDT) and the random forest (RF)—in retail customer CLV modeling and compare their predictive performance with two classical models—the Pareto/NBD (HB) and the Pareto/GGG. To ensure CLV prediction and customer identification robustness, we combined the predictions of the …

Rural Business Development Corporation Annual Report 2021, Department Of Primary Industries And Regional Development, Western Australia

All other publications

No abstract provided.

The Determination Of The Factors Affecting Air Transportation Passenger Numbers, Tüzün Tolga İnan Asst. Prof. Dr.

International Journal of Aviation, Aeronautics, and Aerospace

So long as human beings are required to go between places, the civil aviation industry will always exist. In this study, a country-based examination has been applied to air passenger numbers. 50 countries are selected according to the highest rating of air transportation passenger numbers, gross domestic product (GDP), total population, and human development index (HDI) data. 28 of these countries are included in the analysis which is common in at least three of these rankings. The relationship between the four parameters is examined via correlation analysis. Thereafter, the related parameters were taken as independent variables in multiple linear regression …

The Relationship Between School Shootings And Gun Acquisition Rates, Sun-Il (Sun) Moon

Honors Papers

In this paper, I seek to understand how communities respond to tragic events involving violence, exploring the relationship between school shootings and gun acquisition rates. Using National Instant Criminal Background Check System (NICS) as a proxy for firearm acquisition rates, I estimate an event study framework, finding that gun acquisition rates increase by up to 32% one month after a school shooting compared to firearm acquisition rates one month before a school shooting. Furthermore, I supplement my analysis by using Google Search data on firearms. Additionally, I stratify my analysis by the four census regions and whether a school shooting …

Avoidance Behavior Due To More Stringent Environmental Standards: Evidence From The Leed Certifcation, Spencer Tu

Honors Papers

LEED certification is the most widely used green building rating system in the world. The certification is a symbol of sustainability achievement, and on November 1st, 2016, the rating system transitioned into a more stringent one. Using data on the LEED applicants, this paper studies the applicants' behavior response to the transition. The analysis yields three main results. First, the total number of applicants to LEED increased significantly in October 2016 and decreased drastically once more rigorous standards are in place. Second, the proportion of applicants receiving the basic certification is significantly higher for applicants that bunched in October 2016. …

The Effects Of Priming On Framing Bias: An Integrative Study Examining Mortality Salience, Self-Affirmation, And Emotional Intelligence, Kyle Klaassen

All Master's Theses

The framing effect is a cognitive bias in which the way a choice is presented influences decision-making. Individuals avoid risk when a scenario or choice is presented in a positive light or as a gain (e.g., lives will be saved, money will be gained). In contrast, because losses are more salient than gains, people will select more risky options in order to avoid potential losses when choices are framed negatively (e.g., lives lost, money lost). Another method of influencing decision-making is priming in which interactions with a specific stimulus predisposes individuals toward certain behaviors or thoughts. The current study examined …

The Effects Of Higher Education On Socioeconomic Mobility: A Comparative Analysis Of Outcomes At Bucknell University, Katrien Weemaes

Honors Theses

Income inequality and the lack of higher-education opportunities across the United States often correlate with families' socioeconomic status. In this honors thesis, the following questions will be examined: How does the social mobility of Bucknell Students compare with students from other national universities? How do a student’s race and financial aid status affect their ability to achieve social mobility? How has the rate of social mobility through Bucknell changed in recent years? How does a student’s current family socioeconomic status affect their ability to achieve high-income success upon graduation? Does the level of accessibility to Bucknell change when socioeconomic status …

Regional Integration And Trade: The Case Of The Common Market For Eastern And Southern Africa (Comesa) Free Trade Area:, Grace Gondwe

Journal of African Trade

No abstract provided.

Common Currency And Intra-Regional Trade In The Central African Monetary Community (Cemac):, Divine Ngenyeh Kangami, Oluyele Akinkugbe

Journal of African Trade

No abstract provided.

Effect Of China’S Zero-Tariff Treatment Under Forum On China-Africa Cooperation (Focac) On Export Diversification In Beneficiary Countries In Africa:, Zhina Sun, Ehizuelen Michael Mitchell Omoruyi

Journal of African Trade

No abstract provided.

Trade Costs And Demand-Enhancing Effects Of Agrifood Standards: Consequences For Sub-Saharan Africa:, Aristide Djimgou Tchakounte, Dela-Dem Doe Fiankor

Journal of African Trade

No abstract provided.

Afreximbank In The Era Of The Afcfta:, Benedict Oramah

Journal of African Trade

No abstract provided.

The African Continental Free Trade Area: A Historical Moment For Development In Africa:, Vera Songwe, Jamie Alexander Macleod, Stephen Karingi

Journal of African Trade

No abstract provided.

Borderplex Business Barometer, Volume 5, Number 1, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.

สวัสดิการทางเศรษฐกิจและผลกระทบภายนอกของนโยบายบัตรสวัสดิการแห่งรัฐ, ณิชนันทน์ ขันกสิกรรม

Chulalongkorn University Theses and Dissertations (Chula ETD)

จากข้อมูลของสำนักงานคณะกรรมการพัฒนาเศรษฐกิจและสังคมแห่งชาติ ชี้ว่า สัดส่วนของผู้รับผลประโยชน์ของนโยบายนี้ (ผู้ถือบัตร) เป็นคนไม่จนเกือบร้อยละ 90 ของผู้รับผลประโยชน์ทั้งหมด สะท้อนว่า นโยบายบัตรสวัสดิการแห่งรัฐมีความคลาดเคลื่อนในการเจาะจงกลุ่มเป้าหมายจริง คือ คนจนไม่จริงได้รับประโยชน์ ในขณะที่คนจนจริงกลับไม่ได้รับประโยชน์ รวมถึง ยังไม่มีการติดตามและประเมินผลของนโยบายเชิงลึกในแง่ของพฤติกรรมการใช้จ่ายผ่านบัตรสวัสดิการแห่งรัฐ ที่กำกับการใช้จ่ายเพื่อบริโภคสินค้าอุปโภคบริโภคเท่านั้น และห้ามใช้จ่ายเพื่อบริโภคสินค้าให้โทษหรือสินค้าฟุ่มเฟือย การศึกษานี้จึงศึกษามาตรการการแจกเงินภายใต้นโยบายดังกล่าว เพื่อวิเคราะห์อุปสงค์การบริโภคและคำนวณสวัสดิการเศรษฐกิจของผู้ถือบัตรสวัสดิการแห่งรัฐ รวมถึงศึกษาสวัสดิการเศรษฐกิจกรณีดำเนินนโยบายแบบจำกัดการบริโภคสินค้าให้โทษเทียบกับต้นทุนด้านสุขภาพจากการบริโภคสินค้าให้โทษ ผ่านแบบจำลอง LES (Linear Expenditure System) โดยใช้ข้อมูลการสำรวจภาวะเศรษฐกิจและสังคมของครัวเรือน พ.ศ. 2562 ทั่วราชอาณาจักร จากสำนักงานสถิติแห่งชาติ และวิเคราะห์พฤติกรรมการใช้บัตรสวัสดิการแห่งรัฐของผู้บริโภคสินค้าให้โทษจากข้อมูลการสำรวจภาคสนาม โดยใช้สถิติเชิงพรรณนา ผลการศึกษาชี้ว่า นโยบายบัตรสวัสดิการแห่งรัฐช่วยเพิ่มสวัสดิการเศรษฐกิจสูงขึ้น เนื่องจากได้รับเงินช่วยเหลือผ่านบัตร การบริโภคจึงเพิ่มขึ้น อย่างไรก็ตาม เงื่อนไขจำกัดการบริโภคสินค้าให้โทษทำให้สวัสดิการทางเศรษฐกิจของผู้ถือบัตรสูญหายไปบางส่วน ซึ่งชดเชยได้ด้วยความสูญเสียทางสุขภาพที่ลดลง แม้โดยรวม ความสูญเสียทางสุขภาพที่ลดลง (275.01 ล้านบาทต่อปี) มีมูลค่าน้อยกว่าสวัสดิการทางเศรษฐกิจที่สูญหาย (389.38 ล้านบาทต่อปี) แต่มูลค่าสวัสดิการทางเศรษฐกิจที่สูญหายของกลุ่มบริโภคผลิตภัณฑ์ยาสูบ (40.52 ล้านบาทต่อปี) น้อยกว่าความสูญเสียทางสุขภาพที่ลดลง (58.38 ล้านบาทต่อปี) นอกจากนี้ ยังพบว่า ผู้บริโภคสินค้าให้โทษทั้ง 2 ประเภทที่ถือบัตรมีพฤติกรรมสลับกระเป๋าเงินอย่างชัดเจน คือ บริโภคทั้งเครื่องดื่มแอลกอฮอล์และผลิตภัณฑ์ยาสูบเพิ่มขึ้น แสดงว่า การจำกัดการบริโภคสินค้าให้โทษมิอาจควบคุมการบริโภคสินค้าให้โทษได้ โดยเฉพาะในกลุ่มผู้บริโภคที่เสพติดสินค้าให้โทษ หรือบริโภคสินค้าให้โทษเป็นประจำ

Recreational Marijuana In Ohio: A Cost Benefit Analysis, Noah Polanski

Williams Honors College, Honors Research Projects

This study aims to analyze the cost and benefits of legalizing recreational marijuana in Ohio by estimating the monetary value of major cost and benefit items caused by legal recreational marijuana being implementing in Ohio. Key areas that are used in the analysis to give an accurate picture of the costs and benefits of marijuana are the areas of: tax revenue, the labor market, the criminal justice system, public health and safety, and educational attainment. By focusing on changes experienced in other states that have legalized, a realistic estimation of what will happen in Ohio can be made.

Data shows …