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Social and Behavioral Sciences Commons

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Economics

Electronic Theses and Dissertations

2015

College of Arts Humanities and Social Sciences

Articles 1 - 5 of 5

Full-Text Articles in Social and Behavioral Sciences

The Evolution Of The Federal Reserve's Mandate In Response To The Global Financial Crisis: The Case For Financial Stability, Laurel Celastine Mazur Jan 2015

The Evolution Of The Federal Reserve's Mandate In Response To The Global Financial Crisis: The Case For Financial Stability, Laurel Celastine Mazur

Electronic Theses and Dissertations

This thesis looks at the evolution of the Federal Reserve’s mandate and regulatory responsibilities as a result of the Global Financial Crisis. The onset of the crisis exposed the financial system to risks that had yet to be identified by the traditional microprudential regulatory framework, necessitating a rapid and unconventional response in order to prevent widespread financial collapse. Now, in 2015, as most of the scourges of the crisis are in the recent past, practitioners are beginning to not only pick up the pieces but attempting to reform the system to increase resilience in the future. One of the proposals …


Sustainable Farming Versus Ethanol: A Comparison Of Energy Use, Brandon John Weiland Jan 2015

Sustainable Farming Versus Ethanol: A Comparison Of Energy Use, Brandon John Weiland

Electronic Theses and Dissertations

The subsidization of corn-ethanol has proven to not live up to the original promises made when it was promoted as gasoline additive. With research pointing to ethanol as a source of increased greenhouse gases emissions and other pollution while merely changing energy consumption, not decreasing it, an alternative that achieves the original goals of is sought. I propose that sustainable farming practices have the ability to decrease the United States’ dependence on fossil fuels while decreasing emissions and pollution related to farming. By looking at the adoption of 3 year rotations, fertilizer banding, and zero tillage farming in Iowa, Illinois, …


Mortgage Crisis: Exploring Incentives Prevalent During The Boom And Bust Of The 2001–2007 Mortgage Market, Justin P. Nowicki Jan 2015

Mortgage Crisis: Exploring Incentives Prevalent During The Boom And Bust Of The 2001–2007 Mortgage Market, Justin P. Nowicki

Electronic Theses and Dissertations

The purpose of this thesis is to explain the mortgage market's behavior from 2001 through the first quarter of 2007 by discussing the economic incentives key market participants faced. By exploring incentives faced by key participants, a multifaceted yet logical explanation for the aggressive economic expansion and contraction appears. Throughout this paper I argue that the simultaneous acting upon of such incentives was fundamental to the market behavior and that the actions of each participant are, for the most part, understandable given the incentives that each faced. The paper will describe the monetary and cultural incentives underlying this behavior and …


Kaldor's Late Contributions, Up Sira Nukulkit Jan 2015

Kaldor's Late Contributions, Up Sira Nukulkit

Electronic Theses and Dissertations

Nicholas Kaldor was a famous post-Keynesian theorist who fought on Keynesian revolution in Cambridge with Keynes himself. However, during the last twenty years of his life, Kaldor became engaged with increasing returns theory originated from Adam Smith and Allyn Young. Kaldor propagated the theory even though it was not mature. There were many controversies and critiques to Kaldor's increasing returns theory. Kaldor began to write extensively about this worldview scattered throughout many of his academic papers and essays. This thesis tracks Kaldor's process of theoretical formulation during the last twenty years of his life. It presents Kaldor's view from the …


Modern Capitalism And Food Commoditization: The Limitations Of Industrial Agriculture And The Challenges Of Sustainable Alternatives, Gerardo Patron-Cano Jan 2015

Modern Capitalism And Food Commoditization: The Limitations Of Industrial Agriculture And The Challenges Of Sustainable Alternatives, Gerardo Patron-Cano

Electronic Theses and Dissertations

Agriculture is an essential function of contemporary human life that is bound by nature. Therefore, economic, social, and environmental perspectives must be examined to identify the most sustainable agricultural systems. This thesis argues that agriculture should be divorced from capitalist economic principles regarding specialization, trade, and production scale. Such principles have supported industrialized growing methods, which have been economically, socially, and environmentally unsustainable. In order for agriculture to be sustainable and equitable, food systems need to be de-commoditized and removed from the capitalist market. Policies should target the local control of food systems by empowering communities to subsidize localized production-consumption …