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Full-Text Articles in Social and Behavioral Sciences
Are Volatile Coffee Prices Important To Economic Inequality?, Kwame D. Fynn
Are Volatile Coffee Prices Important To Economic Inequality?, Kwame D. Fynn
The Macalester Review
Historically, developing countries have been heavily dependent on natural resources as a major source of national income. Despite their large resource endowments, countries have been subject to volatile commodity prices which might affect the economic development of a nation. A salient measure of development is the inequality that persists within an economy as it portrays relative levels of income distribution. In this paper, using an econometric approach I seek to analyze the impact volatile coffee prices has on income inequality within a country or in a particular geographic region.
An Econometric Analysis On Pricing And Market Structure In The U.S. Airline Industry, Jiajun Liang
An Econometric Analysis On Pricing And Market Structure In The U.S. Airline Industry, Jiajun Liang
The Macalester Review
This paper examines the relationship between market power and airfares in the U.S. aviation industry. I performed Hausman-Taylor and random effects estimation techniques on quarterly data of the top one thousand most heavily traveled city pairs from 2009 to 2012. Overall, the regression results may be interpreted in such way that while higher concentration at a route level increases ticket prices, it nonetheless reduces average airfare at the airport level. For policy implications, it may suggest that higher market concentration has at least some merits to the consumers, most likely caused by the cost saving due to economic use of …
Medical Metropolis: The Impacts Of The Healthcare Industry On Rochester, Minnesota, Agata J. Miszczyk
Medical Metropolis: The Impacts Of The Healthcare Industry On Rochester, Minnesota, Agata J. Miszczyk
Geography Honors Projects
Specialized-function cities are dominated by one or two related industries that comprise the majority of the economic base of the area. Rochester, Minnesota is a prime example of such a city. The case of Rochester challenges much of conventional theory regarding economic diversification and spillovers of different economic systems. This case study presents new ideas regarding these spillovers and the success of specializations, as well as provides an in-depth analysis of the affect the Mayo Clinic - a premier medical facility – has on the local infrastructure and economy. This study illustrates how the healthcare industry has shaped Rochester's urban …
Negotiating Neoliberalism: Community-Based Organizations And The Production Of Urban Place, Caroline S. Devany
Negotiating Neoliberalism: Community-Based Organizations And The Production Of Urban Place, Caroline S. Devany
Geography Honors Projects
Focusing on two community-based organizations’ roles in producing urban place, this thesis contributes to the “New Urban Politics” literature that explores the neoliberal governance of space. Synthesizing participant observation, informant interviews and ideas introduced in Henri Lefebvre’s Production of Space my thesis explores the possibility of aesthetic practices rooted in everyday life to create alternate subjectivities of people and place. While both organizations engage urban governance in ways that do not directly contest neoliberalization, they each affirm participants as agents in the production of urban place in ways that can destabilize the marketization of everyday life.
What Are The Effects Of Mergers In The U.S. Airline Industry? An Econometric Analysis On Delta-Northwest Merger, Jiajun Liang
What Are The Effects Of Mergers In The U.S. Airline Industry? An Econometric Analysis On Delta-Northwest Merger, Jiajun Liang
The Macalester Review
The Delta-Northwest Merger in 2008 has significantly reshaped the airline market structure and raised public concerns regarding market dominance. In this study, I will employ OLS techniques to examine the effects of merger on airfares, using more than 1,000 observations from 2008 and 2009 airline markets. Results show the belief that unbalanced market share will lead to heightened airfares misleading and unreliable. There is no significant evidence suggesting positive or negative correlations between airport dominance and airfares.
How Race Matters: The Parental And Neighborhood Determinants Of Child Protective Services Involvement, Emma Kalish
How Race Matters: The Parental And Neighborhood Determinants Of Child Protective Services Involvement, Emma Kalish
Economics Honors Projects
This paper examines the determinants of child protective services involvement. Using the Illinois Family Study I examine layers of interacting demographic, economic, and locational factors that might increase the probability of child protective services intervention. While the effects of some of these are well established in the literature, the inclusion of racial interaction terms is unique. Using these interaction terms I find that the effects of a variety of circumstances, from domestic violence to homelessness to welfare receipt, differ for African American and non-African American families.
Financial And Sovereign Debt Crises In Spain: Fiscal Limits And Spillovers, Alexandra Indarte
Financial And Sovereign Debt Crises In Spain: Fiscal Limits And Spillovers, Alexandra Indarte
Economics Honors Projects
Sovereign debt crises have four consistent features: 1) financial crises tend to coincide with them; 2) they are followed by credit crunches; 3) the domestic costs of default are higher where financial institutions hold large portions of their sovereign's debt; and 4) sovereign risk premiums are countercyclical and exhibit nonlinear dynamics with respect to debt levels. These facts indicate that spillover between financial and debt crises are important means of amplifying economic downturns. Current models cannot replicate all four of these facts because they either lack investment, an endogenous fiscal limit on the accumulation of sovereign debt, or a nonlinear …