Digital Commons Network^™

Student Recognition Of Learning Gains: Evidence From Pre- And Post-Instruction Quizzes

Journal of Economics and Finance Education

This study investigates whether students in upper-division economics courses can meaningfully recognize their learning gains over time, independent of instructor-assigned grades. Using a repeated quiz design grounded in authentic assessment, students engaged with real-world economic articles before formal instruction and again after substantial course content had been delivered. Students evaluated their responses from both rounds, while instructors independently assessed the same work. Results show that students not only perceived significant learning gains but also became more accurate in assessing their own performance over time. Additionally, early self-perceptions appear to modestly predict later outcomes, while the largest learning gains occurred among …

The Abcs Of Modified Bond Duration And Wxyzs Of Bond Convexity

Journal of Economics and Finance Education

By breaking the mathematical derivation of Macaulay Duration, Modified Duration, and Bond Convexity into smaller easily calculated component parts, a more manageable means of calculation for these bond measures emerges for the student. Further, an Excel spreadsheet or an algorithm within a programming language can also be implemented using these smaller component calculations. The Excel template provided can be made into an assignment or used as a resource for the student.

Introducing The Risk Parity Portfolio Optimization Approach To Students: A Note

Journal of Economics and Finance Education

Students have been well exposed to Markowitz’s (1952) Mean-Variance Optimization (Modern Portfolio Theory). Nevertheless, its subpar performance during the 2008 global financial crisis exposed it to significant criticism. As a result, a different strategy known as Risk Parity has attracted significant attention. Over the years, Risk Parity methods have gained popularity as investment solutions. As discussed in Fabozzi, Simonian, and Fabozzi (2021), estimates from Neuberger Berman, the total value of assets being managed using Risk Parity strategies is approximately $120 billion. However, with leverage, that number swells considerably, to $400 billion-$500 billion. The popularity of this methodology has spurred the …

An Empirical Implementation Of A Two-Standard-Deviation Investment Signaling Framework Across Multiple Asset Classes

Journal of Economics and Finance Education

This paper presents a pedagogically driven application of a quantitative investment signaling model based on two standard deviation bands. Deviations beyond the two standard deviation range are interpreted as potential mean reversion signals, triggering tactical shifts in asset allocation or trading actions. Students construct the models in Excel using live market data, overlaying asset returns against calculated deviation bands to inform decisions. The firsthand approach emphasizes applied learning and critical thinking, with students analyzing model results and presenting empirical findings. Evidence suggests this experiential method significantly enhances student engagement, comprehension, and retention of investment strategy concepts across diverse financial settings

Coase, Thaler, And Behavioral Economics: Methodological Considerations

Journal of Economics and Finance Education

In their experiments to measure the endowment effect in market settings, Kahneman, Knetsch, and Thaler (1990; hereafter KKT) assessed the assumption of zero transaction costs associated with the Coase theorem. Their study recruited a sample of advanced undergraduate economics students who were placed in a market setting using coffee mugs as real-world goods, under conditions in which there were zero transaction costs. Their results suggested that an endowment effect lowered trading volume, which should not have occurred if Coase theorem worked in practice. We reexamine the research design employed by KKT, as well as their study’s statistical analysis and results.

Literature Review: Crowdfunding And Political Fundraising, Saiful Ahmad, Palupi Lindiasari Samputra

Journal of Strategic and Global Studies

Crowdfunding is an effort to raise relatively small amounts of money involving many individuals to support a specific project. Typically, crowdfunding is conducted online through fundraising platforms. The aim of this paper is to identify and analyse the utilisation of crowdfunding in fundraising activities that are related to or have political goals carried out by certain organisations or political groups. The method used in this paper is qualitative in the form of narrative analysis carried out through in-depth reading of several scientific literatures that discuss political fundraising through crowdfunding. The sources of scientific literature collection were obtained through the Google …

Implementation Of Zero Trust Architecture On Local Server Management In Educational Institutions, Joko Purwanto, Safar Dwi Kurniawan

Journal of Strategic and Global Studies

Educational institutions are facing increasingly complex cyber threats, particularly as they continue to rely on on-premises servers with limited cybersecurity resources. Zero Trust Architecture (ZTA) offers a security model that rejects implicit trust and requires strict verification of each access request. This study aims to examine the applicability of ZTA in managing local servers within educational institutions through a qualitative literature review approach. Relevant literature from 2014 to 2025 was analyzed using thematic synthesis to identify recurring concepts, strategies, and gaps. The results show that ZTA, when integrated with Identity and Access Management (IAM), Security Information and Event Management (SIEM), …

The Satu Wakaf Indonesia Application Development Strategy, Nurul Huda, Nova Rini, Rahma Aini Nur, Ariel Nian Gani, Muhammad Rofi'i, Nur Syamsudin Buchori

Journal of Strategic and Global Studies

The Satu Wakaf Indonesia application is a new platform for digital waqf, which necessitates a strategic policy for its development. The needs of strategic policy stand from the current problems that occur in the implementation of the application. The objectives of this study are: (1) the key sub-elements of the Satu Wakaf Indonesia development strategy, and (2) The Satu Wakaf Indonesia development strategy using the ISM approach. The research method used is a qualitative method with the Interpretive Structural Modelling (ISM) approach. The data source for this study is the results of filling out questionnaires by expert informants. The results …

Pengaruh Real Mismatch Terhadap Upah Pekerja Di Indonesia, Jawani Eka Pyansahcilia, Dwini Handayani

Jurnal Ekonomi Kependudukan dan Keluarga

This study aims to analyze the effect of real mismatch on the wages of workers with medium and higher education levels in Indonesia using the ordinary least squares (OLS) method. The data used in this study are derived from the National Labor Force Survey (Sakernas) conducted in August 2023 to identify instances of mismatch and analyze its impact on workers' wages. In 2023, the incidence of vertical mismatch only was recorded at 14.58 percent, horizontal mismatch only at 31.73 percent, and real mismatch reached 25.24 percent. The estimation results indicate that workers experiencing vertical mismatch only receive a wage premium, …

Kerentanan Kemiskinan Di Sulawesi Selatan: Analisis Vulnerability As Expected Poverty Dan Klaster Spasial, Nur Hilda Triany

Jurnal Ekonomi Kependudukan dan Keluarga

This study aims to analyze the determinants of poverty vulnerability in South Sulawesi by integrating spatial dimensions into risk estimation models. Using micro-data from the March 2024 National Socio-Economic Survey (Susenas) with individuals as the unit of analysis, this study applies the Vulnerability as Expected Poverty (VEP) and Local Indicator of Spatial Association (LISA) methods, estimated through an integrated logistic regression model. Empirical results indicate that while the average vulnerability is relatively low, risk distribution is highly concentrated in specific regional clusters. Key findings reveal that health insurance ownership and household assets are the dominant protective factors that drastically reduce …

Statute Meets Custom: Explaining Provincial Variation In Child Marriage After Indonesia’S 2019 Reform, I Made Yudisthira, Diahhadi Setyonaluri

Jurnal Ekonomi Kependudukan dan Keluarga

This study investigates whether Indonesia’s 2019 Marriage Law reform, which raised the minimum legal age of marriage to 19, has been associated with lower child marriage prevalence. Using province-level aggregates from the 2022 Indonesian National Socio-Economic Survey (SUSENAS, N = 1,237,946), we distinguish documented and undocumented unions and estimate Ordinary Least Squares models with controls for poverty, education, assets, rural residence, religious composition, and marriage dispensations. Descriptive maps show prevalence is highest in South Kalimantan (18%), East Java (17%), and West Java (17%), with undocumented unions concentrated in West Nusa Tenggara (7%), Banten (5%), Papua (5%), and West Sulawesi (5%). …

Bibliometric Analysis Of Research On Women’S Labor Force Participation And Household Economics, Muhamad Dupi, Inayat Ullah Baloch

Jurnal Ekonomi Kependudukan dan Keluarga

Studies of women labor participation (WLFP) and household economics have grown in size in the last two decades and more research and policy focus are given to gender equality, labor markets and household welfare. Nevertheless, the available literature is still in pieces by region, theme, and institutional settings and a complete bibliometric review of this area of study is yet to be done. The objective of the proposed study is to trace the world-wide literature on the topic of women participation in the labor force and household economics through the analysis of the patterns of publications, networks of cooperations, and …

Estimasi Proporsi Pekerja Anak Pulau Maluku & Papua: Pendekatan Small Area Estimation Hierarchical Bayes Distribusi Beta, Apriani Sofiana, Fauzana Afininnas, Fachrol Mochti, Angga Prayoga, Shafira Husna, Nofita Istiana

Jurnal Ekonomi Kependudukan dan Keluarga

Pekerja anak merupakan isu krusial yang memerlukan penanganan segera untuk mendukung pencapaian target pembangunan global. Pengentasan isu ini menuntut ketersediaan data yang akurat hingga wilayah kecil guna mendukung perumusan kebijakan yang tepat sasaran. Penelitian ini bertujuan menduga proporsi pekerja anak usia 5–17 tahun di kabupaten/kota Pulau Maluku dan Papua tahun 2024 menggunakan metode Small Area Estimation (SAE) Hierarchical Bayes (HB) distribusi Beta. Lima variabel penyerta dari PODES dan regsosek dipilih melalui stepwise regression dan dieksplorasi secara spasial. Hasil pemodelan HB Beta Pulau Maluku dan Papua menunjukkan sebagian besar wilayah masih memiliki RSE tinggi. Untuk meningkatkan presisi, dilakukan klasterisasi wilayah sebelum …

One Story High, Audrey Sprenger, Ashley Vaughan

Fast Capitalism

Full Issue can be found here.

Class Observations: "Intimate" Technologies And The Poetics Of Reality Tv, Irmi Karl

Fast Capitalism

For some of us, one of the biggest surprises of the 2006 Big Brother show was not the winner, Pete Bennett, but, according to The Guardian newspaper, the fact that “[a]fter seven years, the BB brand is stronger than ever” (Lawson 2006:3). The fact that cultural critics are wishing the show away at the point at which it has reached its popular cultural zenith of mass appeal is significant in that it is indicative of a widely held position, which readily equates (mass) media culture with bad or low culture, frightening, out of bounds, vulgar and excessive (Skeggs 2005a). At …

Modern Science, Enlightenment, And The Domination Of Nature: No Exit?, William Leiss

Fast Capitalism

"The disease of reason is that reason was born from man’s urge to dominate nature." —Max Horkheimer, Eclipse of Reason (1947)

In the fuller passage from which this extract is taken, Horkheimer locates the origins of the ‘collective madness’ of modern times in ‘in primitive objectification, in the first man’s calculating contemplation of the world as prey’ (176). Perhaps all one can say in response is, if this diagnosis is correct, there is certainly no cure, so we might as well get on with our lives.

In the early sections of this paper I will first note briefly the argument …

Corporate Power, Ecological Crisis, And Animal Rights, Carl Boggs

Fast Capitalism

No abstract provided.

Full Issue, Fast Capitalism Editorial Team

Fast Capitalism

No abstract provided.

Bukan Hanya Tugas Istri: Pengaruh Penggunaan Kontrasepsi Suami Terhadap Kesehatan Mental Istri, Aldo Savira Adha Saputra, Elda L. Pardede

Jurnal Ekonomi Kependudukan dan Keluarga

Male participation in contraceptive use in Indonesia remains very low, while women continue to bear a disproportionate reproductive burden, including mental health impacts from contraceptive side effects. This study aims to examine the effect of husbands’ contraceptive use on wives’ mental health. The analysis utilizes data from the fifth wave of the Indonesia Family Life Survey conducted in 2014. Wives’ mental health is measured using the Center for Epidemiologic Studies Depression Scale - 10. The results of the binary logistic regression model indicate that husbands’ contraceptive use lowers the likelihood of wives experiencing depression. Additionally, being aged 25-49, having good …

High Prevalence Of Cerebrovascular Calcifications And Clinical Correlates In Indigenous Bolivian Forager‐Horticulturalists: A Population‐Based Observational Study, Giuseppe Barisano, Bavrina Bigjahan, Grant Schleifer, Maria Ashna, Wendy J. Mack, M. Linda Sutherland, James D. Sutherland, Helena C. Chui, Meng Law, Thomas J. Fischbach, Andrei Irimia, Nikhil N. Chaudhari, Daniel K. Cummings, Paul L. Hooper, Jacob E. Aronoff, Ellen E. Walters, Daniel Eid Rodriguez, Raul Quispe Gutierrez, Jesus Bani Cuata, Kenneth Buetow, Caleb E. Finch, Michael D. Gurven, Jonathan Stieglitz, Gregory S. Thomas, Randall C. Thompson, Benjamin Trumble, Hillard Kaplan, Margaret Gatz

ESI Publications

Background

Methods

Economic Outlook Of Battle Creek: Challenges And Opportunities, Iryna V. Lendel, Chloe Wieber, Sevrin Williams, Gerrit Anderson

Upjohn Institute Technical Reports

This report by the W.E. Upjohn Institute for Employment Research examines labor market dynamics in Battle Creek, finding that roughly 75 percent of jobs in the city are held by workers who live outside the city limits, with significant skill mismatches between city residents and local employer needs. This mismatch helps explain persistently low wages, elevated poverty rates, and high reliance on public assistance among city residents despite a strong manufacturing base and growing logistics, food processing, and machining sectors. Limited housing supply, inadequate public transportation, and childcare shortages further restrict residents’ access to employment. The report underscores the urgency …

Editor's Note

Journal of Economics and Finance Education

No abstract provided.

Predictors Of Success In An Online Undergraduate Core Course In Finance

Journal of Economics and Finance Education

Because finance is a technically oriented business subject where competence in math and accounting plays a role in student success, we posit that technical knowledge, as proxied by math and accounting pre-tests, may predict success in an online undergraduate finance course. Since little or no lecture support is generally offered while taking an online course, students that struggle with math or accounting may have a greater challenge with the online format for a finance course. Accordingly, the purpose of this study is to evaluate the key determinants of success in an online core course in finance.

Yield-To-Maturity And The Reinvestment Of Coupon Payments: Reply

Journal of Economics and Finance Education

Our original note addressed a common misconception that to earn the yield-to-maturity (YTM) on a coupon bond an investor must reinvest the coupon payments. Shirvani and Wilbratte (2009) take issue with our presentation and results. We will demonstrate that their arguments entirety rest on the proposition that the YTM must equal the realized compounded yield (RCY). This is a construct that explicitly assumes coupon reinvestment. We made no claim in our original presentation with regard to their proposition, because it is not required to calculate the YTM. Furthermore, we will discuss their claims with regard to the “economic significance” of …

Yield To Maturity Is Always Received As Promised: A Reply

Journal of Economics and Finance Education

This note attempts to further spell out why it is a myth that YTM is viewed as only a promised but not really earned interest rate. It addresses some misconceptions in Shirnani and Wilbratte (2009, this issue) on what, between YTM and RCY, is a true rate of return of a coupon bond, why YTM is NOT just a “fictitious mathematical construct”, and why YTM has nothing to do with yield curve.

The Relationship Between The Promised And Realized Yields To Maturity Revisited

Journal of Economics and Finance Education

This paper reaffirms the long-held view that the promised yield to maturity of a coupon bond can be realized only under certain restrictive conditions. Specifically, the realized yield equals the promised yield only if the spot rate and yield curves are flat and remain unchanged throughout the term of the bond, a condition which rarely if ever holds. In addition, we explain that, regardless of the reinvestment rates, the promised yield on a coupon bond will be realized, provided that the bond is held not to its maturity but to its duration.

Parsimonious Expected Utility And In-The-Large Risk Premiums For The Undergraduate Curriculum

Journal of Economics and Finance Education

Expected utility theory, Pratt and Arrow’s risk premium, and the Markowitz risk premium are based upon Von Neumann and Morgenstern’s five axioms of cardinal utility. The derivation of these measures from these axioms is generally considered too mathematically sophisticated for the undergraduate curriculum. This leaves a wide gap in the foundation of financial theory for the undergraduate. An alternative simplified presentation of expected utility that is suitable for the undergraduate curriculum, and that avoids the nuances and complexities of the traditional mathematically more complete derivation, is presented here. In addition, an easily derived in-the-large risk premium is shown to be …

Time Spent Online And Student Performance In Online Business Courses: A Multinomial Logit Analysis

Journal of Economics and Finance Education

This study examines the determinants of academic achievement in online business courses. As a measure of effort, we use the total amount of time each student spent in the course. We estimate a multinomial logistic model to examine the odds of attaining one grade versus another depending on time spent online, GPA, and some demographic characteristics of students. Our findings suggest that extra effort can help a student move from letter grades F, D and C to grade B, but is less helpful for the move from B to A. For the latter improvement, a high GPA matters the most.

Attraction And Retention Of Faculty In A Non-Tenure Granting Environment

Journal of Economics and Finance Education

This paper examines the task of attracting and retaining faculty in a non-tenure granting environment. Our goal is to provide a framework for the future discussion of this issue and to develop a set of utility functions for the primary parties involved, namely, institutions of higher education and individual faculty members. Various strategies for attracting and retaining faculty members in a non-tenure-granting environment are evaluated in terms of their long-run implications.

Technology, Leadership, And Sustainability In The Post-Crisis Economy: Evidence From Lebanese Organizations, Dania Abbass, Habib Badawi

Arab Economic and Business Journal

This study examines how artificial intelligence integration, transformational leadership, and sustainability practices collectively influence organizational resilience and performance in crisis-affected Arab economies, with a focus on Lebanese organizations navigating compound disruptions. Using a convergent mixed-methods design, quantitative data were collected from 487 managers and employees across Lebanese organizations and comparative international samples in the education, finance, NGO, and tourism sectors, complemented by 32 semi-structured interviews. Results demonstrate that AI integration, transformational leadership, and sustainability practices significantly enhance organizational resilience and performance, with emotional intelligence and affective commitment serving as critical mediators. Organizations combining high implementation across all three dimensions achieved …