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Articles 1 - 8 of 8
Full-Text Articles in Law
Using Difference-In-Differences Analysis And The Kocyk Geometric Lag Model To Estimate Aspects Of Carbon Tax Effectiveness In Nordic Countries, Kyle Riley
Honors Theses
This paper generally looks at the connections between carbon taxes and carbon emission levels in Nordic countries over a period from the 1960s to the early 2010s. Most of the existing literature on this topic looks at and finds that carbon taxes do have a significant impact upon carbon emissions levels in some countries while not in others. In many countries which have this policy there is not a significant impact that can be seen and there is a discussion as to why this might be the case and what needs to be done to fix these potential issues to …
An Economic Analysis Of Civil War: How Constitutions And Ethnic Diversity Impact Internal Conflict, Zachary Roth
An Economic Analysis Of Civil War: How Constitutions And Ethnic Diversity Impact Internal Conflict, Zachary Roth
Honors Theses
This thesis explores the connection between ethnic diversity and constitutional structures on the incidence of civil war. The following paper will bridge the gap between existing economic literature on constitutions and the existing work on civil wars. The main economic theory behind civil war is a cost-benefit analysis. Costs of civil wars include raising an army supporting the army economic losses due to conflict and the lives lost in the fighting itself while the main benefit is the gains of governing. The other main economic theory to civil war is game theory exploring how the two sides engaging in civil …
New York State's Zero Emission Credits: Exploring The Drivers And Significance Of Nuclear Energy Subsidization In The Empire State, Michael R. Sciascia
New York State's Zero Emission Credits: Exploring The Drivers And Significance Of Nuclear Energy Subsidization In The Empire State, Michael R. Sciascia
Honors Theses
This thesis reviews New York State's recently announced subsidization of nuclear energy, which has been a subject of dissent due to its cost, propagation of nuclear activity, and potential unlawfulness in its influence on competition within wholesale energy markets. Examining the structure and recent trends within New York's energy market and their effect on the state's nuclear energy industry will provide insight into the necessity of such subsidization in preserving in-state nuclear generation. Through an analysis of the expected costs, economic impact, and influence on statewide carbon emissions, the true significance of this legislation and New York's motivations behind its …
Controversies In Industrial Policy: The Creation Of An Explicit U.S Industrial Policy, Matthew Christian Rametta
Controversies In Industrial Policy: The Creation Of An Explicit U.S Industrial Policy, Matthew Christian Rametta
Honors Theses
As the world continues to globalize the United States will need to adapt in its industrial policy programs in order to stay competitive. As of today the United States has no explicit programs to bolster particular industries to increase their performance but rather does so implicitly through Department of Defense innovations that spill over into the private sector. However we have seen such explicit policies in countries such as South Korea and China. There has been immense growth in the sectors that have been targeted by these programs and this has raised questions about if the United States should adopt …
Divorce Devastates: Do State Divorce Laws Have An Effect On Women's Economic Well-Being?, Ann Cantwell
Divorce Devastates: Do State Divorce Laws Have An Effect On Women's Economic Well-Being?, Ann Cantwell
Honors Theses
Divorce devastates a family, and with over 40% of first marriages ending in divorce in the United States, it is important to analyze the effect divorce has on each member of the family. This paper aims specifically at the economic effect of divorce on women, and furthermore, if the implementation of a no-fault divorce clause in state law has negatively impacted women’s wellbeing. Women’s well-being is determined by annual income divided by annual need. The study looks at three different state divorce laws surrounding fault—fault-based, no-fault as the only option, and no-fault as grounds for divorce—as well as variance due …
The Impact Of Exchange Rate Fluctuations On Labor Migration: Evidence From U.S. Nonimmigrant Visa Statistics, Yaqi Gao
Honors Theses
Since mid-20th century, international migration has become a widespread phenomenon in nearly all industrialized countries and a major shaping force of the international labor market. Most economic theories consider labor migration to be an investment of human capital where workers seek to maximize household income and minimize financial risks. Because exchange rate changes affect prospective income and financial risks associated with migration, studying the responsiveness of skilled migrants to exchange rate fluctuations contribute to the studies of labor economics and international economics. This paper further investigates whether an appreciation in U.S. dollars incentivizes both skilled and unskilled workers to migrate …
The Six-Year Hangover: An Assessment Of The Effectiveness Of Unconventional Monetary Policy In Dealing With Debt Overhang Within The U.S. Economy, Meredith Moshier
The Six-Year Hangover: An Assessment Of The Effectiveness Of Unconventional Monetary Policy In Dealing With Debt Overhang Within The U.S. Economy, Meredith Moshier
Honors Theses
After the Financial Crisis of 2007 to 2008, the Federal Reserve and the federal government used monetary and fiscal policy to buoy the economy out of the recession, but the Fed had to turn to non-standard forms of monetary policy, or unconventional monetary policy. The Federal Reserve used forward guidance, quantitative easing, and the maturity extension program to: lower interest rates, raise inflation expectations, and increase GDP. Six years after the Financial Crisis, the Federal Reserve has begun to taper from unconventional monetary policy. Yet, there has been much debate as to whether unconventional monetary policy is effective or not, …
An Economic Analysis Of Somali Piracy Deterrence Strategies Within The Context Of The Economic Theory Of Crime And Punishment, Ryan Castello
An Economic Analysis Of Somali Piracy Deterrence Strategies Within The Context Of The Economic Theory Of Crime And Punishment, Ryan Castello
Honors Theses
From 2006 to 2010, the number of reported piracy incidents perpetrated by Somali pirates, has increased from 19 to 212 per year, an alarming trend for the international shipping industry. This paper examines the increasing number of pirate attacks within the context of the theory developed in, Crime and Punishment: An Economic Approach (Becker, 1968). This paper demonstrates the supply of pirates is a function of probability of punishment, severity of penalty, as well as institutional factors. This research entails a theoretical discussion, and an analysis of the available data on Somali piracy. The theoretical discussion combines theory with current …