Social and Behavioral Sciences Commons^™

Gender Inequalities In The Allocation Of Time To Household Production In Nepal, Nischal Dhungel

Theses - Graduate Programs in Economic Theory and Policy

The thesis examines factors that may explain gender (working age group, married men and women, 15-60 years) inequalities in the allocation of time to household production in Nepal. Gender disparities in the allocation of unpaid care and domestic labor (home production) are a major and prevalent element of inequalities between men and women. I presume that each spouse's time spent is influenced by personal and household factors. Furthermore, I argue that state can play substantial role in pursuing province level employment program (Karnali Province) in line with federal level employment program, namely Job Guarantee to uplift women's economic empowerment by …

Passive-Aggressive Intervention: The Impact Of Mandated Paid Parental Leave On Childcare Labor, Justin Fiume

Theses - Graduate Programs in Economic Theory and Policy

Gender inequality is one of the few fundamentally persistent inequalities within society, especially in the United States. This thesis will use a Marxist-feminist approach to explore the impact of the United States’ capitalist market economy on gender-specific public and private life structures. Specifically, how inequality is exacerbated as women transition to motherhood. This paper hypothesizes that a mandated paid parental leave would alleviate some of this ‘second burden’ by encompassing fathers in its eligibility. We formulate a difference-in- difference model to estimate the causal effects of two current states who mandate paid parental leave and evaluate the average treatment effect …

Some Causes, Common Fears, And The Economic Impact Of Immigration From Latin America On The U.S., Joshua Fohner

Theses - Graduate Programs in Economic Theory and Policy

Recently there has been a sharp increase in the promotion of anti-immigration rhetoric and sentiments driven by former President Trump and conservative lawmakers in Washington. These attitudes have led some members of the public to adopt various beliefs of immigrants that are negative or poorly understood. The focus of this paper will be primarily on people from Mexico and other Latin American nations, as people from this part of the world have been

primarily the target of these beliefs. This paper will first analyze some of the social and political reasons why people choose to emigrate from their home countries. …

Parallel State Currency: A Mechanism To Expand Sovereignty For Countries With Foreign Debt And Trade Deficits, Angelica Huerta Ojeda

Theses - Graduate Programs in Economic Theory and Policy

Some countries, due to historical events, are within a creditor-debtor relationship and are unable to make full use of their currency. Debtor countries tend to not be fully sovereign -are either dependent on food, energy, or technology- which results in them being reliant on capital inflows. Foreign debt and lack of sovereignty feed each other into a debt trap and create an endless chain of dependency. This essay attempts to explore the possibility that governments with foreign debt and lack of sovereignty, like Mexico, should create another unit of account while keeping the current one. The parallel currency would not …

Term Structure Of Equity: Analysis For The Case Of European Stocks, Sulayman Jaiteh

Theses - Graduate Programs in Economic Theory and Policy

This paper studies the equity term structure and its relevance in pricing Euro- pean stocks, using a duration concept. In explaining the cross-sectional variation

in the duration premium, we made use of cash flow duration in understanding the value premium. Empirically, we measure cash flow duration using balance sheet data and to show if difference in return is a manifestation of value premium. Also relating the time series return to the factor model of Fama and French model which was able to explain the 40% of the cross-sectional variation in return. The term structure of equity shows a downward slope …

The Community Reinvestment Act: Reimagined, Jonathan Raefski

Theses - Graduate Programs in Economic Theory and Policy

America has long been considered the land of opportunity. However, the American Dream’s attainability has not been widespread. Instead, wealth continues to be funneled into the hands of the select few. In an effort to combat income inequality and to provide capital reinvestment for historically left behind groups, Congress enacted the Community Reinvestment Act (CRA) in 1977. The idea behind the legislation was to stimulate lending and extend credit to areas that were affected by redlining, classism, or other prejudicial practices that enabled income inequality. This thesis aims to analyze the legislation to understand both the strengths and weaknesses of …

A Stock-Flow Consistent Model Of Income Inequality: The Destabilizing Effects Of The German Labor Market On The Emu, Simon Grothe

Theses - Graduate Programs in Economic Theory and Policy

This thesis presents a stock-flow consistent model (SFC) that analyzes the effects of Germany’s wage moderation on other Eurozone economies. It

shows that excessive German saving comes at a cost: the decoupling of pro- ductivity growth and real wage growth for the largest share of the German

workforce relies on internal and external debt. The SFC model presented in this paper is inspired by the recent Eurozone model by Gräbner et al. (2021) that is published as a working paper. Germany’s wage moderation will be

discussed as an example for how income inequality reduces domestic aggre- gate demand but gets …

The Covid-19 Pandemic And Its Effects On The Primary And Secondary Mortgage Markets In The U.S., Jordan Myers

Theses - Graduate Programs in Economic Theory and Policy

In this report, there is a multi-faceted analysis of how the COVID-19 pandemic affected relationships within U.S. mortgage markets. First, the paper looks at the economic conditions that arose after the pandemic hit in March 2020. These conditions included a severe drop in home sales followed by the Fed consistently decreasing the Fed Funds rate. Next, the paper looks at the perspective of the individual homeowner and renter. This section touches on the lacking access to liquidity that individuals had during the pandemic, thus making it hard for them to make mortgage or rent payments. Then, there is an examination …

The Effect Of The Smccf Announcement And Purchase On Eligible Transportation Sector Bonds, Bethuel-Ange Yebouet

Theses - Graduate Programs in Economic Theory and Policy

Covid highlighted the financial vulnerability of both small and large businesses in the U.S economy. In response, the Federal Reserve announced the creation of the secondary market corporate credit facilities (SMCCF) on March 23, 2020, with the aim of providing liquidity to US firms through bond financing. The goal was to build a portfolio of bonds that attempted to achieve a wide, diversified market index of US corporate bonds. When looking at the composition of the SMCCF broad market index and percentage (%) of par value from the federal reserve bank of New York, firms from the transportation sector received …