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The Cost Of Public Mistrust: The Indirect Impact Of Mass Shootings On Home Values, Austin Dey
The Cost Of Public Mistrust: The Indirect Impact Of Mass Shootings On Home Values, Austin Dey
Boise State University Theses and Dissertations
This thesis examines how mass shootings indirectly impact residential home values across the United States. I hand-collected data on internet search interests around 15 mass shooting events from 2012 to 2019 to measure public concern over mass shootings. Using an event study, I estimate the causal effects of shootings on home values in outlying areas over three years. The results indicate a significant negative relationship between mass shootings and home values two years after an event. This thesis demonstrates that the consequences of mass shootings are not confined to affected areas but have lasting nationwide impacts that reduce economic outcomes …
The Past, Present, And Future Of The Latino Paradox, Sheila Flores
The Past, Present, And Future Of The Latino Paradox, Sheila Flores
University Honors Theses
The Latino/Hispanic paradox has left scholars and researchers puzzled as to how Latinos, despite facing socioeconomic challenges, show better health outcomes when compared to other racial/ethnic groups. The emergence of this phenomenon can be traced back to the 1980s/1990s when researchers first noticed Latinos in the United States having characteristics of lower mortality rates and improved health compared with non-Hispanic whites despite having a better socioeconomic status. Performing a literature review of scholars analyzing the past, present, and future of the Latino Paradox will thus allow for an understanding of its origin, current state, and the possible potential trajectories that …
The Economic Effects Of Covid-19 On Smallholder Farmers In Kenya, Sarah Hope Brasche
The Economic Effects Of Covid-19 On Smallholder Farmers In Kenya, Sarah Hope Brasche
Graduate Theses and Dissertations
Like many Sub-Saharan African countries, the Kenyan economy heavily relies on agriculture. Agriculture in Kenya accounted for 50% of the total workforce in 2019 and 70% of the rural workforce. Though reliant on agriculture for employment and subsistence, Kenya has been historically impoverished and malnourished. Kenya has been experiencing an economic recession since 2018, which was exacerbated by the COVID-19 pandemic. Relatively speaking to other African countries, Kenya managed to escape the worst health effects of the pandemic, but the economic effects were substantial. This study analyzes survey responses from 1,059 Kenyan smallholder agricultural producers on the economic impacts they …
The Effect Of Covid-19 Uncertainty On Corporate Default Risk: International Evidence, Md Ismail Haidar, Md Showaib Rahman Sarker, André Varella Mollick
The Effect Of Covid-19 Uncertainty On Corporate Default Risk: International Evidence, Md Ismail Haidar, Md Showaib Rahman Sarker, André Varella Mollick
School of Economics and Finance Faculty Publications
This paper investigates the effect of COVID-19 uncertainty on corporate default risk using an international sample of firms from 71 countries. We document that corporate default risk increases with higher COVID-19 uncertainty, even after controlling for a wide range of firmlevel and country-level characteristics. The effect is weaker for firms in highly religious adherence countries, stronger for firms in developed countries, and for firms geographically closer to China and Italy. Further, the effect is weaker for highly innovative firms and less financially constrained firms. Our findings are robust to propensity score matching and entropy balancing methods to address selection bias, …
Assessing Determinants Of Participation In Conservation Programs In The U. S., Manita Ale
Assessing Determinants Of Participation In Conservation Programs In The U. S., Manita Ale
Department of Agricultural Economics: Dissertations, Theses, and Student Research
The United States Department of Agriculture (USDA) has implemented conservation programs through Natural Resources Conservation Service (NRCS) and Farm Service Agency (FSA). Conservation Reserve Program (CRP), Conservation Stewardship Program (CSP), and Environmental Quality Incentives Program (EQIP) are some of them. These programs provide financial and technical assistance to farmers and ranchers to adopt land management practices that generate environmental benefits. In this study, we explore the determinants of participation in conservation programs (CRP, CSP, EQIP) in Iowa, Kansas, and Nebraska. For this, we use a unique survey-based data set comprising observations from row crop farmers in these states. We are …
Changing The Paradigm For Pesticide Resistance Management, David R. Shaw, Amy Asmus, Jill Schroeder, David Ervin
Changing The Paradigm For Pesticide Resistance Management, David R. Shaw, Amy Asmus, Jill Schroeder, David Ervin
Economics Faculty Publications and Presentations
Collaborative action on the part of all stakeholders in pest management is essential to effectively address the challenges of pesticide resistance. The US Environmental Protection Agency, through its Pesticide Program Dialogue Committee, recently posted a report on pesticide resistance management and the role the Agency can play in these efforts. In this perspectives piece, we commend the Agency for acknowledging these needs, and encourage implementation of the recommendations. We urge all stakeholders to follow the example set by EPA to engage openly, listen to other stakeholders, and determine their role as part of the broader community that is needed to …
Valuing Ecosystem Services From Restoring Ancient Irrigation Systems: An Application Comparing Labor Vs. Monetary Payments For Choice Experiments, Sahan Dissanayake, Shamen Vidanage
Valuing Ecosystem Services From Restoring Ancient Irrigation Systems: An Application Comparing Labor Vs. Monetary Payments For Choice Experiments, Sahan Dissanayake, Shamen Vidanage
Economics Faculty Publications and Presentations
The use of stated preference methods in developing countries is growing with the increasing concern about the environment as economies develop. At the same time using monetary payment vehicles and estimating a Willingnessto Pay (WTP) can be problematic in rural or low incomes areas in developing countries. Many respondents in these areas regularly engage in barter and paying with labor and do not use monetary payments for all transactions. This distinction from urban areas with a monetary economy and with most settings in developed countries can impact results from valuation studies as the WTP elicited from rural and low-income areas …
The Role Of Filipino Conglomerates In The Nation's Development, Jesus Felipe
The Role Of Filipino Conglomerates In The Nation's Development, Jesus Felipe
Angelo King Institute for Economic and Business Studies (AKI)
Could the country's small and medium companies be the engines of transformation that it needs to attain and sustain the 6.5-8 percent annual growth targeted in the Philippine Development Plan 2023-2028? I doubt it. They have neither the knowledge nor the financial muscle to do it.
There is another group of companies that could lead the way. These are the large conglomerates of the nation. They have much better knowledge of the economy and financial power. Yet, in general, they do not innovate or export. Instead, they are into non-tradable activities (real estate, banking, distribution, insurance, construction, telecommunications and food). …
Two Essays On Credit Risk Correlation, Theophilus Teye Osah
Two Essays On Credit Risk Correlation, Theophilus Teye Osah
Theses and Dissertations
This dissertation comprises two essays on credit risk correlation. In the first essay, we provide robust empirical evidence that lenders charge higher loan spreads to borrowers with higher credit risk correlation. This effect is concentrated in investment grade firms, driven by tightening lending conditions, and more pronounced for firms with higher rollover risk. Furthermore, banks whose borrowers have higher average credit risk correlation, have greater default risk themselves. In the second paper, we find that a trading strategy that buys high- and sells low-credit risk correlation stocks generates significant risk-adjusted expected return of about 121 bps per annum. Cross-sectional regressions …
Policy With Stochastic Hysteresis, Job Boerma, Georgii Riabov, Aleh Tsyvinski
Policy With Stochastic Hysteresis, Job Boerma, Georgii Riabov, Aleh Tsyvinski
Cowles Foundation Discussion Papers
This paper studies stochastic hysteresis − general dependence on the path of past decisions and shocks. We develop a new methodology for deriving the explicit dynamics of optimal policy with path-dependence and show that stochastic hysteresis changes optimal policy both qualitatively and quantitatively. We showcase our methodology by deriving new results for optimal policy with stochastic habits, tipping points, robustness concerns, limited commitment, and dynamic private information.
Business Cycle Downturn Estimation For Ciudad Juarez: 1991-2022, Steven L. Fullerton, Thomas M. Fullerton Jr.
Business Cycle Downturn Estimation For Ciudad Juarez: 1991-2022, Steven L. Fullerton, Thomas M. Fullerton Jr.
Border Region Modeling Project
A monthly frequency metropolitan business cycle downturn likelihood equation is estimated for Ciudad Juarez. The binary index of economic conditions is based upon monthly IMMEX export oriented manufacturing employment. A dynamic probit methodology is used for parameter estimation. Continuous explanatory variables include a 1-year minus 1-month Mexico interest rate spread, a 2015 = 100 weighted real exchange rate index, and a 10-year minus 3-month USA interest rate spread. Parameter estimation results confirm the various hypotheses examined. However, model simulation outcomes are less favorable with the results indicating that accurate forecasting of the post-2010 business cycles may require additional refinement to …
Borderplex Business Barometer, Volume 7, Number 8, Thomas M. Fullerton Jr., Steven L. Fullerton
Borderplex Business Barometer, Volume 7, Number 8, Thomas M. Fullerton Jr., Steven L. Fullerton
Border Region Modeling Project
No abstract provided.
Racial Discrimination In Nba Contracts, Andrew Byrne
Racial Discrimination In Nba Contracts, Andrew Byrne
All Theses
Throughout NBA history, there has been discrimination that has been faced by black players. This is not limited to the compensation that black players receive compared to white players. Literature in this are showed a significant amount of discrimination occurring between white and black NBA players when holding player performance constant when looking at the mid 1980s. This changed with later literature, as analyses of the early to mid 1990s found that this discrimination had subsided in NBA contracts.
This paper analyzes seasons from the early 1990s through to early 2020s to see whether this change in discriminatory practices holds …
Common Bubble Detection In Large Dimensional Financial Systems, Ye Chen, Peter C. B. Phillips, Shuping Shi
Common Bubble Detection In Large Dimensional Financial Systems, Ye Chen, Peter C. B. Phillips, Shuping Shi
Research Collection School Of Economics
Price bubbles in multiple assets are sometimes nearly coincident in occurrence. Such near-coincidence is strongly suggestive of co-movement in the associated asset prices and is likely driven by certain factors that are latent in the financial or economic system with common effects across several markets. Can we detect the presence of such common factors at the early stages of their emergence? To answer this question, we build a factor model that includes I(1), mildly explosive, and stationary factors to capture normal, exuberant, and collapsing phases in such phenomena. The I(1) factor models the primary driving force of market fundamentals. The …
Bankers As Immoral? Some Parallels And Differences Between Aquinas’S Views On Usury And Marxian Views Of Banking And Credit, Thomas E. Lambert
Bankers As Immoral? Some Parallels And Differences Between Aquinas’S Views On Usury And Marxian Views Of Banking And Credit, Thomas E. Lambert
Faculty and Staff Scholarship
Since ancient times the practices and ethics of bankers and banking in general have undergone a great deal of criticism. While lending is motivated by profit, and while households are not explicitly coerced into borrowing money, the justice of a system which exploits workers and at the same time encourages them to borrow money in order to maintain a certain standard of living can be viewed as sometimes unfair and perhaps immoral. The value of goods, according to St. Thomas Aquinas and Karl Marx, should mostly reflect the value of labor embodied in them, and for that reason, labor should …
Is Neo-Fascism Inevitable? Looking At The Economic Surplus, The Baran Ratio, And Long Wave Cycles, Thomas E. Lambert
Is Neo-Fascism Inevitable? Looking At The Economic Surplus, The Baran Ratio, And Long Wave Cycles, Thomas E. Lambert
Faculty and Staff Scholarship
This paper briefly outlines the idea and development of the economic surplus concept at the macroeconomic level as opposed to the one in microeconomics often labeled as a Marshallian surplus. The notion of a residual amount of output or income over and above what is necessary for a society’s consumption (education, housing, food, clothing, health care, transportation, and other necessities of life) that can be used either for further consumption by an elite class, used for reinvestment in productive activities, and/or wasted on unproductive efforts is one that has been and continues to be taught and used in heterodox and …
Experiences With Environmental Gentrification: Evidence From Chicago, Tania Schusler, Amy Krings, Richard T. Melstrom
Experiences With Environmental Gentrification: Evidence From Chicago, Tania Schusler, Amy Krings, Richard T. Melstrom
School of Environmental Sustainability: Faculty Publications and Other Works
Environmental contamination and limited access to green spaces disproportionately burden communities of color with negative impacts on residents’ health. Yet, cleaning up contamination and creating green spaces has in some cases been associated with displacing long-term residents as the neighborhood becomes desirable to more affluent, often Whiter, populations through environmental gentrification. We used mixed methods to investigate environmental gentrification in the city of Chicago, IL, USA. We examined quantitatively the relationship between green areas, brownfield cleanups, and indicators of gentrification, including race and ethnicity, income, households without children, and home ownership. We explored through qualitative interviews how key informants perceive …
Parental And Individual Correlates Of Work Ethic In Young People In Albania, Eljona Elmazi
Parental And Individual Correlates Of Work Ethic In Young People In Albania, Eljona Elmazi
All Dissertations
The purpose of this study was to investigate the work ethic strength, dimensions, and correlates in young people in Albania. The review of the available research concluded that, regardless of the attention that youth-related topics have received in the last decade, there was a considerable gap in the understanding of the state and correlates of the work ethic in this group. Using the Multidimensional Work Ethic Profile – Short Form, the work ethic strength and dimensions were explored in an Albanian sample of (N = 501) 18 to 24 years old, otherwise known as Generation Z. Data were collected via …
Global Energy Consumption: An Analysis Of Variables That Shape Per Capita Usage, Or How Pump Price, Urbanization, And Fossil Fuels Imports Impact Fossil Fuels Consumption Per Capita Across Oecd Countries, Mila Demchyk Savage
Graduate Program in International Studies Theses & Dissertations
Among reasons explaining the importance of studying fossil fuel consumption are: crude oil is a subject of the international commodities market, thus, any fluctuation related to its' availability or price would impact the rest of the World; natural resources like oil, gas, and coal are limited; the extensive use of fossil fuels harms our surroundings, creating many environmental concerns; every human (on average) has been using more energy since 1971 and the trend is expected to continue. The upward trend is not consistent among individual countries. Therefore, the core question of my research is, `Why do some countries consume less …
Spatial Disaggregation Of Poverty And Disability: Application To Tanzania, Tomoki Fujii
Spatial Disaggregation Of Poverty And Disability: Application To Tanzania, Tomoki Fujii
Research Collection School Of Economics
Estimating poverty measures for disabled people in developing countries is often difficult, partly because relevant data are not readily available. We extend the small-area estimation developed by Elbers, Lanjouw and Lanjouw (2002, 2003) to estimate poverty by the disability status of the household head, when the disability status is unavailable in the survey. We propose two alternative approaches to this extension: Aggregation and Instrumental Variables Approaches. We apply these approaches to data from Tanzania and show that both approaches work. Our estimation results show that disability is indeed positively associated with poverty in every region of mainland Tanzania.
Does Fertility Matter For Middle Aged And Older Adults’ Risk Attitudes?, Christine Ho, Bussarawan Teerawichitchainan, Joanne Tan, Eugene Rui Le Tan
Does Fertility Matter For Middle Aged And Older Adults’ Risk Attitudes?, Christine Ho, Bussarawan Teerawichitchainan, Joanne Tan, Eugene Rui Le Tan
Research Collection School Of Economics
Given that risk attitudes influence many decisions, it is important to understand the factors that shape such attitudes in late adulthood, when individuals face important risky decisions. While research finds that parenthood tends to correlate with lower risk tolerance in western countries, there is a lacuna on whether such associations persist in late adulthood, and are applicable to the Asian context, where children are conventionally considered a linchpin of old age support. Data for middle aged and older individuals come from the nationwide Singapore Life Panel (N = 6,740). Multivariate statistical analyses are employed to estimate the associations between willingness …
The Economic Assessment Of The White River (Michigan), Christian Glupker, Paul Isely
The Economic Assessment Of The White River (Michigan), Christian Glupker, Paul Isely
Other Faculty Publications
SUMMARY OF ECONOMIC IMPACT
- There were 69,543 visitors to the White River in the past year, with 35,329 visitors coming from outside the local region.
- The local primary river users visited the river 49.3 times per year and nonlocal primary river users visited the river 14.7 times per year.
- The nonlocal primary river users averaged $15.84 in spending per person, per day, resulting in $9.0 million in total direct spending.
- The nonlocal primary river users generated $8.3 million in economic output, adding $4.2 million to the local GDP, and support for 80 jobs.
- There was $75,539 in additional tax revenue …
Can A Payroll Tax Cut For Women Narrow The Gender Gap?, Enrico Rubolino
Can A Payroll Tax Cut For Women Narrow The Gender Gap?, Enrico Rubolino
Upjohn Institute Policy and Research Briefs
No abstract provided.
Taxing The Gender Gap: Labor Market Effects Of A Payroll Tax Cut For Women In Italy, Enrico Rubolino
Taxing The Gender Gap: Labor Market Effects Of A Payroll Tax Cut For Women In Italy, Enrico Rubolino
Upjohn Institute Working Papers
This paper studies the labor market effects of a large payroll tax cut for female hires in Italy. Starting in January 2013, the payroll tax rate paid by the employer for female hires was reduced by 50 percent for a period of 12 months for temporary jobs and 18 months for permanent jobs. Eligibility for the tax cut depends on the time elapsed in nonemployment status and varies discontinuously by the worker’s municipality of residence, age, and occupation. Combining social security data on the universe of Italian private-sector workers with several empirical approaches, I find that the tax cut increases …
Research On Investment Risk And Decision Making In Dry Bulk Ships : Case Study Nijie Shipping World Limited, Mingyu Xu
World Maritime University Dissertations
No abstract provided.
Study On Port Service Capacity Along The 21st Century Maritime Silk Road : Taking Container Ports As An Example, Rujin Fu
World Maritime University Dissertations
No abstract provided.
The Attempt And Operation Of Container Sharing Platform In The Yangtze River Delta : Efficient Transfer Of Empty Containers And Resources Sharing, Yifei Wei
World Maritime University Dissertations
No abstract provided.
An Analysis Of Capital Flow To Construct An Economic Typology In A Comparative Case Study Of Three Ancient Cities: Third Kingdom Of Ur, New Kingdom Of Thebes, And Classical Athens, Darrell Gremillion
An Analysis Of Capital Flow To Construct An Economic Typology In A Comparative Case Study Of Three Ancient Cities: Third Kingdom Of Ur, New Kingdom Of Thebes, And Classical Athens, Darrell Gremillion
Dissertations
This dissertation adds to the literature on Economic Development through the development of a Typology of Economy applicable to the earliest cities. Understanding the evolution of these early economies is a crucial step in understanding the past to assist in the establishment of policies for the future. This is especially important in the light of the environmental and sustainability challenges facing the globe today.
The cities in the comparative case study include the Third Dynasty of Ur in Mesopotamia, the New Kingdom of Thebes in Egypt, and Classical Athens in Greece. These cities are chosen for the case study for …
Group Identity And The Formation Of Conditional Social Preferences Among Chinese Youth, Timo Heinrich, Jason Shachat, Qinjuan Wan
Group Identity And The Formation Of Conditional Social Preferences Among Chinese Youth, Timo Heinrich, Jason Shachat, Qinjuan Wan
ESI Working Papers
Con icts between local and migrant populations have been ubiquitous in modern China. We examine the potential for longer-term amelioration of this conflict through successive generations and intergroup contact within integrated schooling. We adopt the perspective that in- and out-group biased behaviour structurally arises from group conditional social preferences. We assess the group-conditional social preferences of local and migrant children in a second-tier Chinese city, Xiamen, and the extent these preferences correlate with those of their parents. We find that local students have a greater likelihood of Egalitarian preferences and a lower likelihood of Generous preferences when allocating with locals …
Nebraska Extension: Supporting The Well-Being Of Farmers And Ranchers, Jessica Groskopf
Nebraska Extension: Supporting The Well-Being Of Farmers And Ranchers, Jessica Groskopf
Cornhusker Economics
Nebraska Extension is a proud member of the North Central Farm and Ranch Stress Assistance Center. A regional center funded by USDA NIFA, it delivers farm and ranch stress and mental health resources and services in 12 states, including Nebraska.
Since 2021, several programs delivered by Nebraska Extension and its partners have been supported with these funds. This article will review the key programs supported in Nebraska.