Open Access. Powered by Scholars. Published by Universities.®

Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Economics

University of Richmond

Honors Theses

Theses/Dissertations

2019

Articles 1 - 3 of 3

Full-Text Articles in Social and Behavioral Sciences

The Relationship Between Housing Price And Proximity To Public Land In Denver, Co, Connor Wyman Jan 2019

The Relationship Between Housing Price And Proximity To Public Land In Denver, Co, Connor Wyman

Honors Theses

This study examines how proximity to public lands influences housing values. This will be done using a hedonic pricing strategy, which is useful when analyzing heterogeneous goods such as a house or apartment. The data for this study comes from the American Community Survey (ACS) of Denver, CO from 2010 and 2017. This study also includes four variables related to distance from large open public spaces: one each for the distance from the Rocky Mountain Arsenal National Wildlife Refuge, Rocky Flats National Wildlife Refuge, Cherry Creek State Park, and Chatfield State Park. Multiple linear regressions were used to analyze the …


Tmi : An Examination Of Excess Returns Surrounding Phase Iii Fda Approvals, Luke Chiotelis Jan 2019

Tmi : An Examination Of Excess Returns Surrounding Phase Iii Fda Approvals, Luke Chiotelis

Honors Theses

Over the past three decades, the Biotechnology and Pharmaceutical industry has had the largest growth rate of any sector in the U.S. economy. Currently, the largest 10 companies have a market cap of over 700 billion dollars. In the past 20 years, Biotech has outperformed the Standard and Poor’s 500 index earning superior returns for those willing to invest in this risky, high growth industry (Bloomberg L.P.). This upward trend is expected to continue as both institutional and private investment in biotech continues to soar.

A better understanding of the FDA approval process and the way a company’s stock price …


Rationality, Revisions, And Real-Time Data, Jason Hall Jan 2019

Rationality, Revisions, And Real-Time Data, Jason Hall

Honors Theses

Revisions to macroeconomic variables are a significant part of the process by which researchers, the general public, and the government get information about the state of the United States' economy. They are also substantial: this can have large implications for forecasting, macroeconomic research, business decisions, and monetary and fiscal policy. In this paper, I examine the cyclicality of various aggregate variables in U.S.data, and determine that of the major NIPA variables analyzed, only consumption andreal imports revisions display a large degree of cyclicality. I also examine the rationalityof the same set of variables under different definitions of the final value, …