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Social and Behavioral Sciences Commons

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Articles 1 - 9 of 9

Full-Text Articles in Social and Behavioral Sciences

Government Intervention And Economic Growth, Maria Sarigiannidou Dec 2010

Government Intervention And Economic Growth, Maria Sarigiannidou

Doctoral Dissertations

The first essay constitutes a theory which lends truth to the Kuznets hypothesis. The attention is centered on the role of financial markets in defining the process of knowledge accumulation, and ultimately the distribution of income earning capabilities in a population of ex ante heterogeneous individuals. The provision of credit is hindered by one-sided lack of commitment embedded in the area of educational investment. Adaptation in the legislative system to accommodate a punishment scheme conditional on default is the critical requirement for the economy to be carried on a dynamic growth path, albeit one of higher and worsening inequality. Owing …


Essays On Monetary Policy, Omer Bayar Aug 2010

Essays On Monetary Policy, Omer Bayar

Doctoral Dissertations

Central banks use a series of relatively small interest rate changes in adjusting their monetary policy stance. This persistence in interest rate changes is well documented by empirical monetary policy reaction functions that feature a large estimated coefficient for the lagged interest rate. The two hypotheses that explain the size of this large estimated coefficient are monetary policy inertia and serially correlated macro shocks. In the first part of my dissertation, I show that the effect of inertia on the Federal Reserve’s monthly funds rate adjustment is only moderate, and smaller than suggested by previous studies. In the second part, …


Consumer Willingness To Pay For E85, Denise A. Skahan Aug 2010

Consumer Willingness To Pay For E85, Denise A. Skahan

Masters Theses

Concerns regarding energy security, resource sustainability, and environmental protection have heightened interests in renewable fuels and sparked the research and development of ethanol as a transportation fuel. This study examines consumers’ willingness to pay for ethanol from various potential feedstocks; corn, switchgrass and wood wastes. Data was collected via a survey of fuel consumers across the United States in 2009. Results show that consumers have a preference for E85 (a fuel blend with 85 percent ethanol and 15 percent gasoline) from corn, switchgrass and wood wastes compared to E0 (gasoline) and a preference for E85 from switchgrass and wood wastes, …


Essays In Open Economy Macroeconomics, Kihyun Park May 2010

Essays In Open Economy Macroeconomics, Kihyun Park

Doctoral Dissertations

This dissertation studies the dynamic effects of various economic shocks in a two-sector small open economy. It is divided into three essays. Essays 1 and 2 have a theoretical focus; they involve the developing of intertemporal optimizing models of a small open economy. In these essays, we use the representative-agent framework to derive dynamic macroeconomic effects. Specifically, in the first essay we examine the effects of monetary policy targeted at an inflation rate in a small open economy. We adopt a two-sector dependent economy where money is introduced through various cash-in-advance (CIA) constraints. Results are very significant and sensitive to …


History Of The International Monetary System And Its Potential Reformulation, Catherine Ardra Karczmarczyk May 2010

History Of The International Monetary System And Its Potential Reformulation, Catherine Ardra Karczmarczyk

Chancellor’s Honors Program Projects

No abstract provided.


Economic Impacts Of Production, Storage, Transport, And Conversion Of Switchgrass For Cellulosic Ethanol In Tennessee, Adam David Fulton May 2010

Economic Impacts Of Production, Storage, Transport, And Conversion Of Switchgrass For Cellulosic Ethanol In Tennessee, Adam David Fulton

Masters Theses

The goal of this study is to evaluate the introduction of cellulosic ethanol conversion plants using switchgrass as the feedstock and how it impacts the economies of two Tennessee regions. Switchgrass feedstock production, storage, and transportation costs are estimated for one plant in West Tennessee and one plant in East Tennessee. In each region, the location for a cellulosic ethanol conversion plant and the acreage required to meet a 61.8 million-gallon/year capacity are specified. The costs associated with switchgrass production and cellulosic ethanol conversion are then entered into IMPLAN to estimate the economic impacts of one cellulosic ethanol plant in …


Consumers' Willingness To Pay For Energy Labels On Household Appliances, David O. Ward May 2010

Consumers' Willingness To Pay For Energy Labels On Household Appliances, David O. Ward

Masters Theses

Voluntary environmental labeling or certification programs provide information about the environmental characteristics of one or more aspects of a product’s life cycle to consumers. The U.S. Environmental Protection Agency and Department of Energy were among the first governmental agencies in the world to adopt environmental information programs. This study examines two U.S. programs – Energy Star, an energy efficiency labeling program, and Green Power Partnership (GPP), a green energy purchasing program, and estimates how much consumers are willing to pay for refrigerators that have been awarded these labels and what factors motivate that willingness to pay. The data were obtained …


Biofuel Production For Gasoline Displacement And Public Policies In Competitive Energy Masrket, Albert Lin May 2010

Biofuel Production For Gasoline Displacement And Public Policies In Competitive Energy Masrket, Albert Lin

Chancellor’s Honors Program Projects

No abstract provided.


Biofuel Production For Gasoline Displacement And Public Policies In Competitive Energy Masrket, Albert Lin May 2010

Biofuel Production For Gasoline Displacement And Public Policies In Competitive Energy Masrket, Albert Lin

Chancellor’s Honors Program Projects

No abstract provided.