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Articles 1 - 29 of 29
Full-Text Articles in Social and Behavioral Sciences
Chin Music: A Statistical Analysis Of Retaliation Pitches In Major League Baseball, Peter Jurewicz
Chin Music: A Statistical Analysis Of Retaliation Pitches In Major League Baseball, Peter Jurewicz
All Theses
This paper is focused on hit batsmen in Major League Baseball from the 2008 season through August 20th of the 2013 season. More specifically, this paper examines the characteristics of retaliation pitches and attempts to determine the intent of the pitcher. The paper also takes into account moral hazard and cost-benefit analysis of hitting an opposing batsman. There has been a vast amount of literature in economics with regard to hit batsmen in Major League Baseball. However, very few of these papers have been able to evaluate economic theories in Major League Baseball using Pitchf/x data. Pitchf/x technology became fully …
Measurement Of Working Experience And Education Level In Earning Models Among African-American And Whites, Zhuang Zheqi
Measurement Of Working Experience And Education Level In Earning Models Among African-American And Whites, Zhuang Zheqi
All Theses
Labor market attachment differs significantly between African-American males and white males; there are various reasons that account for the wage differential. It has long been agreed that the Mincer equation method, which analyzes earnings by using experience and education levels, is very reliable. Is it only these two variables that account for the wage inequality? For instance, does discrimination exist in the labor market? And is there any improvement in the measurement of experience variables that will affect the result? In this paper, I will generate accumulated experience variables in order to compare them to potential experience variables. I will …
Mental Healthcare And Violent Crime: A Case Study Of New York State, Juliana Carattini
Mental Healthcare And Violent Crime: A Case Study Of New York State, Juliana Carattini
All Theses
New York State has been among the leaders of mental healthcare since the 19th century and today the state continues to promote innovative thinking in this system. Due to budgetary concerns across the nation New York has compiled a three-year plan to decrease Inpatient costs and increase community-based care. This is the second wave of rapid deinstitutionalization that has occurred in the state and the effect of deinstitutionalization on violent crime is still a major concern to the public. In the past the connection between mental illness and violent crime has at best been established as weak association and is …
Differences Between For-Profit, Non-Profit, And Public Hospitals In Medical And Non-Medical Categories: Costs And Outsourcing Decisions, Justin Knutter
Differences Between For-Profit, Non-Profit, And Public Hospitals In Medical And Non-Medical Categories: Costs And Outsourcing Decisions, Justin Knutter
All Theses
The purpose of this study is to measure and compare several potential differences between for-profit, non-profit, and public hospitals in medical and non-medical cost categories. To do this, costs associated with two medical and two non-medical categories for California short-term general care hospitals were broken down into several subsets in order to better understand exactly how and why each category behaves as it does. The results show significant differences for total costs between for-profits and the other hospital types across the board and a difference for outsourcing decisions between for-profits and the other hospital types for the medical categories but …
Intergenerational Mobility Across Three Generations In The United States From 1880-1920, Amber Schrubey
Intergenerational Mobility Across Three Generations In The United States From 1880-1920, Amber Schrubey
All Theses
This thesis studies the transmission of human capital across generations. Intergenerational mobility explains the link between parent and child outcomes and is analyzed in this study using the human capital transmission models of Becker and Tomes (1986, 1979) and Solon (2012); and the child labor and school attendance model of Orazem and Funnarsson (2004). Data for this study comes from the IPUMS Linked Representative Sample years 1880-190 where school attendance and occupation were analyzed for the primary linked male as well as their father, mother spouse, and children. Analysis of the data suggests significant determinants of a child attending school …
Firm Formation And Economic Freedom: A Look At The Effect Of Regulation And Fiscal Power Across States, Cameron Cox
Firm Formation And Economic Freedom: A Look At The Effect Of Regulation And Fiscal Power Across States, Cameron Cox
All Theses
This paper looks at the effect of economic freedom, a cost of investment for entrepreneurial action, on the amount of firms established across states and years. My hypothesis is that economic freedom has a positive effect on the number of firms that are established in a given year. My assumption for why this is the case is because greater economic freedom implies that costs of investing in a new firm will decrease thereby increasing the incentive to create new firms. I use data from the Mercatus Institutes Freedom index and the United States Census Bureau for firm formation and economic …
Essays In Energy Economics: An Inquiry Into Renewable Portfolio Standards, Laura Lamontagne
Essays In Energy Economics: An Inquiry Into Renewable Portfolio Standards, Laura Lamontagne
All Dissertations
In an attempt to motivate the transition away from fossil fuels, reduce carbon emissions and diversify electricity supply, twenty-nine states and the District of Columbia have adopted a Renewable Portfolio Standard (RPS). An RPS is a form of regulation that requires increased electricity production from renewable energy sources. These standards vary by state but generally require a minimum percentage of electricity generation to come from renewable technologies by a predetermined date.
In the first chapter I examine the effect of the adoption of an RPS on electricity rates, making use of the increased availability of data since several policies' adoption. …
Fiscal Convergence And Discipline In The Gmu, Abdulateef Al Ismail
Fiscal Convergence And Discipline In The Gmu, Abdulateef Al Ismail
All Theses
Although the GCC member states fulfill the GMU fiscal convergence criteria quoted from the EU, this paper indicates that these criteria did not suit the GCC economies. By clarifying the economic differences between the GCC region and the EU, studying the GCC economies fiscal data, and learning from the EU and the GCC member states experiences, the paper finds that: (i) The deficit and debt strategies did not fit the GCC' economics index by requiring economic depended on surplus and lower debt level strategies to design their fiscal criteria. (ii)The GCC government budgets depend highly on oil and gas. The …
Determinants Of The Profitability Of The U.S. Banking Industry During The Financial Crisis, Shiang Liu
Determinants Of The Profitability Of The U.S. Banking Industry During The Financial Crisis, Shiang Liu
All Theses
This research focuses on the determinants of the profitability of the US banking industry during the financial crisis. The analysis focuses on both internal and external variables regarding the profitability of banking sector, including bank-specific variables, industry-specific variables and macro economy variables. Data over the period 2007-2012 for 8677 US banks is derived from the Federal Deposit Insurance Corporation, Nasdaq Stock Market and Federal Reserve Bank. Fixed effect panel model are used to analyze the estimator and the significance of the determinants of the profitability. In this study, I test the nonlinear relationship between profitability and capital adequacy ratio and …
Explaining The Wage Differential Between American And Latino Baseball Players In Major League Baseball, Kristopher Kusterman
Explaining The Wage Differential Between American And Latino Baseball Players In Major League Baseball, Kristopher Kusterman
All Theses
This paper examines the wage differential between Latino and American baseball players in the Major Leagues. First, a literature review is prepared to look at how, historically, economists have gone about comparing different races' and ethnicities' compensation in professional sports. Historically, these comparisons are made between white and African American players. Next, a detailed look at the dataset that is used in the paper, which is from the Sean Lahman 2012 Baseball Database which consists of data going back to 1871, although this paper's scope is only for the years between 1985 and 2009. Regressions are then prepared in the …
What Are Hybrid Vehicle Buyers Really Paying For? An Empirical Analysis, Christa Partridge
What Are Hybrid Vehicle Buyers Really Paying For? An Empirical Analysis, Christa Partridge
All Theses
The increasing popularity of eco-labeled products has given rise to numerous studies showing that consumers will pay more for eco-labeled products than for similar non-labeled products. One such pairing is hybrid vehicles and traditional combustion engine vehicles. This analysis is the first attempt at identifying a willingness to pay for the hybrid vehicle label in excess of the willingness to pay for fuel economy and reduced vehicle emissions. In this analysis I apply a hedonic price model to new vehicle data from 2012, and also analyze county-level vehicle registration data from Oregon. The hedonic price analysis shows that, for given …
The Permanent Income Hypothesis: Regarding The Housing Boom, Nick Havers
The Permanent Income Hypothesis: Regarding The Housing Boom, Nick Havers
All Theses
The influential work by R. Hall (1987) is replicated with more recent data to test the modified version of the Permanent Income Hypothesis, specifically in testing the predictability and stability of the reduced consumption function. One aspect is to test the implication of the joint permanent income hypothesis with rational expectations is that no other lagged variable other than the previous period's consumption, value of stock prices, and the index of housing prices should be of any use to predict current consumption. The data used are quarterly time series data from 1954-2012. Hall's results are replicated, that the previous period's …
Real Effective Exchange Rate And Unemployment Rate: The Difference Between Re-Exporting And Non-Re-Exporting Countries, Xiaolong He
All Theses
In this paper, I examine the relationship between unemployment rate and real effective exchange rate in several countries from 1994 to 2009. The analysis shows that most of countries have a negative relationship between those two factors, which implies increase of exchange rate can improve employment rate in an economy. However, re-exporting countries like the Netherlands, Singapore and Hong Kong has a less negative relationship than other countries. I hypothesize that those results are caused by the different elasticity of demand for imports.
Demographic Changes In Developed And Developing Countries, Sarah Sax
Demographic Changes In Developed And Developing Countries, Sarah Sax
All Theses
I will be observing demographic changes across both developed and developing countries and noting whether or not some developing countries follow the same trends as developed countries. This information can provide insight as to why some countries are so poor and help determine where to focus their attention in order to improve their standards of living. I will be performing a regional and country-specific analysis in order to determine which trends each developing country follows in accordance with the developed countries. I will suggest some policy solutions, which impoverished countries can use in order to improve their circumstances.
The Effects Of Education On Youth Crime Participation Using Self-Reported Data From Nlsy97, Aiwei Mao
The Effects Of Education On Youth Crime Participation Using Self-Reported Data From Nlsy97, Aiwei Mao
All Theses
This paper empirically examines the impacts of education on crime participation among youth aged between 18 -24, using data from National Longitudinal Survey of Youth 97(NLSY97). First, it estimates the reduction effects of high school graduation on general crime participation, which shows significant negative effects. Then this paper predicts the effects of high school graduation on three types of crime. A robust finding is that all of the three types of crimes are negative associated with high school graduation whether or not controlling family background and cognitive skill. Also, this paper classifies education level into three levels and predicts the …
Banking Crises And The Volume Of Trade, Yifei Mu
Banking Crises And The Volume Of Trade, Yifei Mu
All Dissertations
This dissertation consists of three chapters. The first two chapters investigate the correlation between banking crises and bilateral trade flows. In the first chapter, we focus on how banking crises may impact the bilateral trade flows over time. We attempt to disentangle the financial shocks' impacts on trade flow by factors that are related to exporters and importers. The second chapter assesses how banking crises impact the extensive and intensive margin of the trade. The third chapter attempts to use frontier model to analyze the bidding behaviors and collusion in the different submarkets of low-price, sealed-bid construction procurement.
Since 2007 …
Does A Banking Crisis Reduce Foreign Direct Investment?, Eunjeong Kim
Does A Banking Crisis Reduce Foreign Direct Investment?, Eunjeong Kim
All Theses
With as much importance as Foreign Direct Investment, an enormous amount of study on the factors which might hamper Foreign Direct Investment has been done with a lot of research. Also, the impact of a crisis on FDI has been especially appealing due to the recent economic depression. However, the literature about the linkage between one of the crises, a banking crisis and FDI is sparse even though a banking crisis is highly correlated with the overall economy's damage. With data collected for 60 countries for the years 1990-2010, this paper examines the relationship between Foreign Direct Investment and a …
Relationship Between Globalization And Wage Inequality, Yingruo Yan
Relationship Between Globalization And Wage Inequality, Yingruo Yan
All Theses
The paper explores whether globalization have impact of income distributions among upper class, middle class and lower class. In other words, we are trying to find the relationship between rapidly growing globalization and income inequality. In general, globalization boosts FDI, wage raise and productivity (Pica 2007). However, according to the past researches, the gap of wage inequality among high-class workers, middle-class workers and low-class works in a given country was becoming wider and wider as globalization increase. Using the panel data of 26 countries over a period 38 years from 1970-2011, we set up three regression models in order to …
The Impact Of Rising Trade On Wage Inequality: An Empirical Study On U.S.-China Trade From 2000-2010, Jie Chen
The Impact Of Rising Trade On Wage Inequality: An Empirical Study On U.S.-China Trade From 2000-2010, Jie Chen
All Theses
International trade has been cited as a source of widening wage inequality in industrial nations. In this paper, I investigate how the structure of the wage premium has been impacted within the United States due to rising trade with China. Using the U.S. Census data, since China joined WTO, I find the presence of the skill premium and over time the skill premium is higher. A counterfactual exercise indicates rising U.S. exports to China increase the wages of workers, especially for high-skilled laborers, and the effect is more pronounced in 2010. At the same time, increasing imports from China increase …
Essays On Health Trends And Health Care Efficiency, Richard Gearhart
Essays On Health Trends And Health Care Efficiency, Richard Gearhart
All Dissertations
This dissertation encompasses three papers. The first paper explores health outcomes in the United States, measured by the obesity rate and the prevalence of Type 2 diabetes, which have been worsening over calendar time. I extend the model by Grossman (1972a, 1972b) to derive how the demand for preventive and reactive medical care is changing over calendar time and the impacts these changes will have on the health of an individual. Assuming that reactive medical technology's effectiveness in curing individuals of illness has increased over time, I find results that are consistent with observed health trends in America. Based on …
Effects Of Unemployment Insurance Extensions On Job Search Outcomes, Ailin He
Effects Of Unemployment Insurance Extensions On Job Search Outcomes, Ailin He
All Theses
The purpose of this paper is to investigate how unemployment insurance (UI) extensions affect job finding probabilities and the length of unemployment spells in the most recent decade. Exploiting the panel structure of the Current Population Survey (CPS), I constructed a 16-month panel with the CPS basic monthly data from 2002 to 2012 and modeled the reemployment (unemployment-to-employment and not-in-labor-force-to-employment) hazard. Since unemployment policies in the US are subjected to change by the condition of the macro economy, this paper adopted different approaches to distinguish UI impacts on exit probability from other macro factors. Our results suggest that UI extensions …
Estimate The Effect Of Police On Crime Using Electoral Data And Updated Data, Yaqi Wang
Estimate The Effect Of Police On Crime Using Electoral Data And Updated Data, Yaqi Wang
All Theses
It is surprisingly difficult to isolate causal effects of police on crime empirically due to the simultaneous determination of crime and police presence. Instruments are used to address the simultaneity concerns in the previous crime literature. The 2SLS results provide evidence indicating that additional police reduce crime. However, we might suspect whether the same instruments can generate consistent results with previous studies by using datasets of more recent years instead of thirty years ago and considering the change of policies, crime situation, and other factors. This paper use electoral cycles as instrumental variable and updated data of the 1985-2010 period …
Valuation Of Timberland Under Price Uncertainty, Wallace Campbell
Valuation Of Timberland Under Price Uncertainty, Wallace Campbell
All Dissertations
In the first essay, a critical examination of three commonly used stochastic price processes is presented. Each process is described and rejected as a possible model of lumber futures prices. A mean reverting generalized autoregressive conditional heteroskedasticity (GARCH) model, developed by Bollerslev (1986), is proposed as a stochastic process for lumber futures prices. The essay provides the steps that should be taken to ensure that a proper price process is used in each application.
In the second essay, a flexible harvesting strategy known as the reservation price strategy is presented. When the current price is below the reservation price, the …
Growth Beyond The Debt Thresholds, Sine Kontbay
Growth Beyond The Debt Thresholds, Sine Kontbay
All Dissertations
This empirical study has two objectives both of which are directly related to nonlinear effects of debt on growth: The main objective is to assess the levels of public debt-to-GDP and total external debt-to-GDP ratios above which economic growth is impaired. The second objective is to examine the debt overhang effects on the sources of growth. A large panel data set of developed and developing countries over the period of 1970-2009 is employed to estimate the threshold levels for public and total external debt. The dynamic panel threshold method developed by Kremer et. al (2010) is applied to debt-growth nexus …
Corporate Income Tax And Investment: Evidence From Panel Data In 22 Oecd Countries, Byung Gyu Jeong
Corporate Income Tax And Investment: Evidence From Panel Data In 22 Oecd Countries, Byung Gyu Jeong
All Theses
Using panel data for 22 OECD countries during 1985-2010 and 1970-2010, the author re-evaluates the existing evidence on the effects of corporate income taxes on four kinds of investments: foreign direct investment inflows, net domestic investment, total investment, and foreign direct investment outflows. The corporate income tax rate with a one-year lag has a statistically significant and negative effect on foreign direct investment inflows, but it has no clear relationship with the other three types of investments. This finding suggests that investment from the corporate sector will go to the domestic non-corporate sector in order to equalize the actual rate …
Empirical Study On Stock's Capital Returns Distribution And Future Performance, Han Liu
Empirical Study On Stock's Capital Returns Distribution And Future Performance, Han Liu
All Theses
Investors subject to reference dependence and mental accounting tend to make decisions based on the unrealized losses and gains relative to a reference point, and behave consistently with the disposition effect. In this paper, I focus my study on stocks' capital returns distribution, which is a distribution of each stock that represents the relative capital gains/losses of all shareholders during a target time period. Empirical evidences show the mean value and the skewness of stock's capital returns distribution play significant roles in forecasting future performance. For stocks with a negative mean value of the distribution, the only significant parameter is …
Analysis Of South Carolina High School Students' Interest In Selected Majors: Agriculture, Business, Economics, And Environmental And Natural Resources, Huidong Zhou
All Theses
The research presented here focuses on high school students' level of interest in Business, environmental and natural resource, and agriculture as possible college majors. Data is derived from quantitative online survey that had been distributed to high school students in business and economics courses across the state of South Carolina during spring 2011, fall 2011, and spring 2012 semesters. Probit and ordered probit models are used analyze high school students' strength of interest in certain majors. Relatively few students are interested in Environment and Agriculture Majors. Females are less likely interested in economics, environmental and natural resource, and agriculture majors …
Incorporating Personality Trait Pyschology Into Economic Decision Making Models, Sohaib Hasan
Incorporating Personality Trait Pyschology Into Economic Decision Making Models, Sohaib Hasan
All Theses
In this thesis, we compare the abilities of Big Five locus of personality traits, religiosity, risk aversion, contextual, and historical variables in explaining behavior in the Trust Game, the Minimum Effort Game, and a Cheap Talk Game. We find that that behavior in the games is largely explained by contextual and historical variables, with some influence from personality traits. This suggests that, while there is a role for personality traits in explaining behavior in economic settings, most variation is explained by the context of economic interactions and the results of previous interactions.
Dodd-Frank And The Future Of Banking, Gregory Burns
Dodd-Frank And The Future Of Banking, Gregory Burns
All Theses
The financial crisis of 2008-2009 set the globally economy into a free-fall, requiring massive government intervention in order to prevent the entire system from crashing down. The Dodd-Frank Act, the largest financial reform since the Great Depression, attempts to move the financial system towards a more stable foundation. Part 1 discusses the causes of the financial crisis and an overview of the Dodd-Frank Act. In part 2 explores the reform in the over-the-counter derivatives market with a focus on the impact to market participants, the impact on the systemic risk of the financial system, as well as the overall U.S. …