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Full-Text Articles in Social and Behavioral Sciences
Separate And Unequal: The Causes And Effects Of Economic Inequality In Our Communities, And What We Must Do About It, Jonathan Payne
Separate And Unequal: The Causes And Effects Of Economic Inequality In Our Communities, And What We Must Do About It, Jonathan Payne
Honors Theses
This project seeks to create a deep understanding of some of the key causes and effects of economic inequality. In it, I review a wide variety of research and reporting on inequality as well as interview people that have been impacted by inequality in my community, Oxford, Mississippi. This information, as a whole, is not meant to create a complete, comprehensive understanding of income and wealth inequality, which would be impossible. Instead, it is a meditation on the origins, cycles, outcomes and ethical implications of the phenomenon. In it, I contend that the vast majority of negative outcomes of inequality, …
The Importance Of Housing Variables In Predicting Economic Fluctuations, Wenxian Xu
The Importance Of Housing Variables In Predicting Economic Fluctuations, Wenxian Xu
Electronic Theses and Dissertations
This paper investigates the importance of housing variables in predicting the six recent recessions using factor analysis model. It shows that housing variables have great predictive power in forecasting the downturn of the economy, but little predictive power when the economy is steady or is expanding. The explanation is that housing variables match consumers' expectations of future income and employment, and consequently predict future economic downturn. By using Granger-Causality test and vector autoregression (VAR) model, combination of factor analysis and VAR model, and hard thresholding method to identify the importance of each housing variable, the results show that housing price …