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Social and Behavioral Sciences Commons™
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Articles 1 - 7 of 7
Full-Text Articles in Social and Behavioral Sciences
Introduction, Ken Mccormick
The Return Of The Machinery Question: Is It Different This Time?, Kaleb Luse
The Return Of The Machinery Question: Is It Different This Time?, Kaleb Luse
Major Themes in Economics
Recent advances in artificial intelligence have the potential to seriously affect labor markets. Some believe that artificial intelligence will be the end of work for humans. Others believe that artificial intelligence is like any other technological innovation from the past and will create just as many jobs as it destroys. I conclude that while artificial intelligence can bring about many of the benefits of technological change seen in history, it drastically differs from innovations in the past and will result in massive unemployment. To ensure that everyone benefits from this huge step forward, policies need to be developed to accommodate …
An Analysis Of The Causal Relationship Between Transportation And Gdp: A Time-Series Approach For The United States, Arijan Alagic
An Analysis Of The Causal Relationship Between Transportation And Gdp: A Time-Series Approach For The United States, Arijan Alagic
Major Themes in Economics
Time-series analysis using monthly data from January 2000 to December 2015 is used to investigate the relationship between transportation and real GDP, controlling for the price of diesel, the amount of money invested in infrastructure, the inflation rate, and the real effective exchange rate. Transportation is proxied with the freight Transportation Services Index. Using Granger-causality, I find that changes in transportation Granger cause changes in real GDP, but not vice versa. It is a one-directional relationship where past values of transportation lead changes in real GDP.
Determinants Of Ipo Underpricing: Tech Vs Non-Tech Industries, Jordan Beck
Determinants Of Ipo Underpricing: Tech Vs Non-Tech Industries, Jordan Beck
Major Themes in Economics
Do firms in the tech industry experience higher levels of underpricing when going public as opposed to firms not in the tech industry? This research uses a linear regression model to analyze the determinants of underpricing in the initial public offering market. The model indicates that underpricing is influenced by the offer price, underwriter quality, and the size of the firm as a measure of risk. This analysis does not find evidence of higher levels of underpricing in the tech industry. Further research could analyze the levels of underpricing over time as an industry matures.
The Gender Pay Gap In College Basketball: Is Discrimination The Driving Factor?, Melissa Ament
The Gender Pay Gap In College Basketball: Is Discrimination The Driving Factor?, Melissa Ament
Major Themes in Economics
A survey of the current literature reveals two main schools of thought regarding the pay gap between coaches in men’s versus women’s NCAA Division I college basketball. The academic literature argues gender discrimination is not the source of the pay gap, while the popular press argues the pay gap is due in part to gender discrimination. A review and analysis of the existing literature finds discrimination is not the source of the pay gap between men’s and women’s college basketball coaches.
The 2008 Financial Recession And Fair Value Accounting, Anthony Hurlburt
The 2008 Financial Recession And Fair Value Accounting, Anthony Hurlburt
Major Themes in Economics
The recent U.S. housing bubble was correlated with lax underwriting standards, flawed housing polices, and Wall Street innovation. At the peak of the housing bubble, the Financial Accounting Standards Board issued standard 157, which provided guidance on fair value accounting. Once the housing market deflated, the standard led many to believe that it was the sole reason asset values collapsed, creating a liquidity crunch and prolonging the financial recession. This paper investigates the causes of the housing bubble and Financial Accounting Standard’s relevance in the aftermath. It finds that fair value accounting simply exposed the poor underwriting standards, bad public …