Social and Behavioral Sciences Commons^™

Accounting Education In Greece During The Gfc (2009-2016), Dimitrios V. Siskos

Dimitrios V. Siskos

The structure of accounting education in Greece, and in the world, is facing nowadays many significant challenges since the global financial crisis has left behind many critical educational burdens. At the same time, there is an increase in accounting omissions and malpractices of ethics both in the public and in the private sector of Greece. These undoubtedly contributed to massive unemployment, high poverty rate, crime and other social ills experienced in the country. This motivated the study on restructuring accounting education by devising a new educational framework that can be applied to Greek universities and colleges with the purpose of …

Thinking Finance - The Comic Book, Dimitrios V. Siskos

Dimitrios V. Siskos

Thinking financially results in the best possible outcome and establishes a secure foundation for the future as an independent man. In contrast, thinking emotionally leads to short-sighted financial decisions and usually, deep regrets. However, thinking financially is not pleasant for the people around us. This comic book presents a guy, whose dream is to become an accountant. When he finally succeeds in this, he realizes that thinking financially may be effective for his boss but it is irritating for everyone else, even for his family.

Myths And Realities About Rising College Tuition, David H. Feldman

David Feldman

The list-price tuition at U.S. colleges and universities has risen by roughly 7% per year since the early 1980s. The inflation rate has averaged just 3.2%. These are some of the numbers that fuel public anxiety about how to pay for higher education.

The story of rising tuition is complex. Unfortunately, much of the public discussion about the cost of attendance is too simplistic. To understand the reasons for rising tuition, and the effect that this has on families, we need to break down the forces that affect how tuition is set and that determine who pays the bill.

The Anatomy Of College Tuition, Robert B. Archibald, David H. Feldman

David Feldman

A report by Robert B. Archibald and David H. Feldman based on their book, Why Does College Cost So Much? explores an economic framework for the forces driving college tuition.

Federal Financial Aid Policy And College Behavior, Robert B. Archibald, David H. Feldman

David Feldman

This monograph by Robert B. Archibald and David H. Feldman finds little evidence that increases in federal financial aid drive up college tuition, and that institutions rarely rely on federal aid as a rationale to give out less of their own institutional aid.

The authors use the so-called Bennett Hypothesis as the launching pad for their analysis. First advanced by William Bennett, secretary of education in the Reagan administration, the theory suggests that the availability of federal student loans, particularly subsidized loans, provides “cover” for institutions to raise tuition because students can offset any price increase with these loans. However, …

Does Federal Aid Drive College Tuition?, Robert B. Archibald, David H. Feldman

David Feldman

The “greedy colleges” thesis conflicts with how nonprofit universities decide on admissions and pricing.

A Quality-Preserving Increase In Four-Year College Attendance, Robert B. Archibald, David H. Feldman, Peter Mchenry

David Feldman

We use the National Longitudinal Study of the High School Class of 1972 and the Education Longitudinal Study of 2002 data sets to evaluate changes in the college matching process. Rising attendance rates at 4-year institutions have not decreased average preparedness of college goers or of college graduates, and further attendance gains are possible before diminishing returns set in. We use multinomial logic models to demonstrate that measures of likely success (grade point average) became more predictive of college attendance over time, while other student characteristics such as race and parents’ education became less predictive. Our evidence suggests that schools …

Perspectives On Evaluation In Financial Education: Landscape, Issues, And Studies, William B. Walstad, Carly Urban, Carlos J. Asarta, Elizabeth Breitbach, William Bosshardt, Julie Heath, Barbara O'Neill, Jamie Wagner, Jing Jian Xiao

Jamie Wagner

This review discusses the heterogeneity in the effectiveness of financial education programs that occurs because of the unique conditions for programs and methods to evaluate them. The authors define six groups served by financial education: children, youth, college students and young adults, working adults, military personnel, and low-income consumers. They then discuss research and evaluation literature for each group with a critical eye on program purpose, content, and evaluation. They also present findings affecting multiple groups on four issues: student loans, homeownership, retirement planning, and financial advising. The accumulated evidence on the effectiveness of financial education is positive, although the …

Financial Education And Financial Literacy By Income And Education Groups, Jamie Wagner

Jamie Wagner

This study examines associations between financial education and financial literacy among people with different levels of education and income using a large, national data set, the 2015 National Financial Capability Study. This study estimates whether financial education in high school, college, or through an employer, is associated with a person 's financial literacy score. Results show that people who received any financial education are likely to have higher financial literacy scores compared to those without financial education. Financial education has larger predicted probabilities for those with lower education and income, suggesting that financial education is especially important for this demographic …

The Disaggregation Of Value-Added Test Scores To Assess Learning Outcomes In Economics Courses, William B. Walstad, Jamie Wagner

Jamie Wagner

This study disaggregates posttest, pretest, and value-added or difference scores in economics into four types of economic learning: positive, retained, negative, and zero. The types are derived from patterns of student responses to individual items on a multiple-choice test. The micro and macro data from the Test of Understanding in College Economics (TUCE) are used to show how aggregate scores can be reinterpreted based on their learning components. The regression analysis shows the relative contribution from learning components to aggregate scores. A value-added or difference score has a potential problem because it is a mixture of positive and negative learning. …

An Analysis Of The Effects Of Financial Education On Financial Literacy And Financial Behaviors, Jamie Wagner

Jamie Wagner

This study estimates how financial education affects a person’s financial literacy score, short-term financial behaviors, and long-term financial behaviors using data from the 2012 National Financial Capability Study (NFCS). There are seven categories of financial education—high school, college, employer, high school and college, high school and employer, college and employer, and combinations of all three courses—to estimate the effectiveness of financial education. This course detail has not been studied in previous literature about financial education.

Financial education has a positive relationship with a person’s financial literacy score. Splitting the sample into groups based on education and income results show that …

Locating Gender In Rural Economic Networks, Ann M. Oberhauser

Ann Oberhauser

In recent decades, increasing entrepreneurial activities among women have contributed to shifting livelihood strategies at the household, community, and regional scales. In this paper I examine home based work in an economic network to highlight the intersection of gender and economic practices in rural Appalachia. The research demonstrates that these livelihood strategies both construct and are shaped by dynamic material conditions and social processes in place. Economic restructuring in the central Appalachian region has led to the reworking of economic strategies, despite a continued reliance by households on homework and informal activities. The case study for this project as an …

Gendered Livelihood Strategies In Rural South Africa And Appalachia, Ann M. Oberhauser

Ann Oberhauser

This paper examines the contextual nature of gendered livelihood strategies through a comparative study of rural women”s producer groups in former homelands of South Africa and Appalachia. This comparative approach situates gendered livelihood strategies in distinct local contexts that are constituted by specific historical dynamics and cultural relations. Producer groups are defined here as cooperatives, networks, and other collective economic activities that generate income for households and are part of community-based economic strategies. The discussion focuses on the link between socio-economic conditions and gendered livelihood strategies and the economic viability of these producer groups as sustainable income-generating activities, especially in …

Should We Target Jobs At Distressed Places, And If So, How?, Timothy J. Bartik

Timothy J. Bartik

No abstract provided.

Should Place-Based Jobs Policies Be Used To Help Distressed Communities?, Timothy J. Bartik

Timothy J. Bartik

Should policymakers seek to increase jobs in particular local labor markets? Yes, but only if these policies are well targeted and designed. Encouraging job growth in distressed places can cause persistent gains in employment-to-population ratios. But our current place-based jobs policies, under which state and local governments provide long-term tax incentives to megacorporations, are poorly targeted and designed. Such incentives are as large in nondistressed areas as in distressed areas, and they are excessively costly. What reforms are needed? First, job growth policies should target distressed areas. Second, tax incentives should be focused on high-multiplier businesses, such as high-tech firms. …

The Potential For Moral Hazard Behavior In Irrigation Decisions Under Crop Insurance, Paloch Suchato

Paloch Suchato

Benchmarking Professional Development Practices Across Youth-Serving Organizations: Implications For Extension, Barry A. Garst, Sarah Baughman, Nancy K. Franz

Barry A Garst

Examining traditional and contemporary professional development practices of youth-serving organizations can inform practices across Extension, particularly in light of the barriers that have been noted for effectively developing the professional competencies of Extension educators. With professional development systems changing quickly, particularly through online education and blended learning opportunities, benchmarks need to guide new research around best practices in professional development. Although many program providers have not established benchmarks for professional development, a few cases exist. This article examines the current state of professional development practices of youth-serving organizations and offers recommendations for improving Extension professional development practices.

Private Wealth And Public Goods: A Case For A National Investment Authority, Robert C. Hockett, Saule T. Omarova

Robert C. Hockett

Much American electoral and policy debate now centers on how best to reignite the nation’s economic dynamism and rebuild its competitive strength. Any such undertaking presents an extraordinary challenge, demanding a correspondingly extraordinary institutional response. This Article proposes precisely such a response. It designs and advocates a new public instrumentality--a National Investment Authority (“NIA”)--charged with the critical task of devising and implementing a comprehensive long-term development strategy for the United States.

Patterned in part after the New Deal-era Reconstruction Finance Corporation, in part after modern sovereign wealth funds, and in part after private equity and venture capital firms, the NIA …

Local Environmental Quality And Inter-Jurisdictional Spillovers, John W. Hatfield, Katrina Kosec

Katrina Kosec

The Challenge Of Occupational Safety And Health In Greece, Foster Rinefort, David Boggs, Joseph Petrick, Berkwood M. Farmer

Dr. Joseph A. Petrick

This study examines the managerial challenges and economic contexts of occupational safety and health in Greece as a dimension of national labor standards and working conditions. Empirical data is provided to document areas of Greek occupational safety and health concern. Recommended Greek occupational safety and health best practices are provided to address workplace safety issues and promote sustained economic productivity.

Institutional Investor Cliques And Governance, Alan D. Crane, Andrew Koch, Sébastien Michenaud

Sébastien Michenaud

Divergence Of Usda Trade Payments For Corn, Soybean, And Wheat Producers And ‘Nowcasts’ Of Tariff Impacts, Matthew Elliott, Lisa Elliott

Matthew Elliott

No abstract provided.

On The Optimality Of One-Size-Fits-All Contracts: The Limited Liability Case, Felipe Balmaceda Assoc Prof.

Felipe Balmaceda

Winning The War: Sanction Effectiveness And Consequences, Kevin Allen

Kevin Allen

Hot Off The Presses: Podcasting For The Economics Classroom, Colleen Call, Kathleen Owings Swan, Mark J. Hofer

Mark Hofer

Despite the recent interest and production of quality podcasts freely available online, there are relatively few podcasts available for K-12 teachers of economics. We see this as a missed opportunity given the real-time and real-world nature of economics. We have created the Econocast (http://econocast.org) website to help spark teachers’ imaginations to leverage podcasting in the economics classroom and to help make the publication process easier. In this article, we offer a definition of podcasting, discuss how podcasting might support the economics curriculum, and present a case study of a teacher's development of an “iReport” economics podcast for her ninth grade …

The Power Law Distribution Of Cumulative Coal Production, Andrew Balthrop, Siyu Quan

Andrew Balthrop

Tale Of A Manuscript, Rowan Cahill

Rowan Cahill

Job-Interview Referrals Help Brazilians Find Formal-Sector Jobs, Christopher J. O'Leary, Túlio Cravo, Ana Cristina Sierra, Leandro Justino Veloso

Christopher J. O'Leary

No abstract provided.

The Effect Of Job Referrals On Labor Market Outcomes In Brazil, Christopher J. O'Leary, Túlio Cravo, Ana Cristina Sierra, Leandro Justino Veloso

Christopher J. O'Leary

This paper is the first to use program administrative data from Brazil’s National Employment System (SINE) to assess the impact of SINE job interview referrals on labor market outcomes. Data for a five-year period (2012–2016) are used to evaluate the impact of SINE on employment probability, wage rates, time until reemployment, and job tenure. Difference-in-differences estimates suggest that a SINE job interview referral increases the probability of finding a job within three months of the referral and reduces the number of months to find reemployment, the average job tenure of the next job, and the reemployment wage. Subgroup analysis suggests …

Realistic Local Job Multipliers, Timothy J. Bartik, Nathan Sotherland

Timothy J. Bartik

No abstract provided.