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Full-Text Articles in Business

Target Industry Study: An Empirical Analysis Of Intertemporal Trends In Regional Industrial Base Composition, David M. Smith Apr 2011

Target Industry Study: An Empirical Analysis Of Intertemporal Trends In Regional Industrial Base Composition, David M. Smith

Undergraduate Theses and Capstone Projects

This paper follows existing literature on local industrial conditions and agglomeration economies in an adapted shift-share framework. The purpose of this study is to develop a cost-efficient empirical model that meets the needs of local government in analyzing changes in industrial composition. The data for this model is obtained from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (QCEW) with nondisclosed data provided by the Virginia Employment Commission which is sorted by North American Industrial Classification System (NAICS) 2-digit industrial sectors. The model developed in this paper identifies certain industrial sectors which exert significant influence on the …


Effective Valuation Method Of Toxic Assets And Their Influence On Banks’ Financial Statements, Morgan Logue Mar 2011

Effective Valuation Method Of Toxic Assets And Their Influence On Banks’ Financial Statements, Morgan Logue

Undergraduate Theses and Capstone Projects

The crash of the housing market caused risky home loans and mortgage backed securities to be worth almost nothing; this not only drastically decreased national banks’ net income but also devastated the United States’ economy. The United States Treasury Department believes that they have found a $700 billion solution to the United States’ financial crisis. The Public- Private Investment Program (P-PIP), which is a part of the Troubled Asset Relief Program (TARP), plans on clearing toxic assets from national banks’ balance sheets through auctions. Two main concerns that affect the end results of this auction is how to motivate banks …