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Social and Behavioral Sciences Commons

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Economics

Honors Projects

1999

Articles 1 - 4 of 4

Full-Text Articles in Social and Behavioral Sciences

Technological Progress And Its Effects On The Interaction Between Money Supply And Demand: A Cointegration Approach, Patrick J. Holly Jr. '99 Sep 1999

Technological Progress And Its Effects On The Interaction Between Money Supply And Demand: A Cointegration Approach, Patrick J. Holly Jr. '99

Honors Projects

The purpose of this paper is to analyze the significance of the effect current payment technologies ha e had on money supply and demand. Specific attention will be giv n to M1 and M2 stocks and velocities, th Fed Funds Rate and National Income, and how their interaction with each other has been affectrd by technology development. Using Electronic Fund Transfer and Automated Teller Machine introduction as a proxy or current technological development in a cointegration test model it is found that current payment technologies have had mixed effects on money supply and demand, and the interaction between their associated …


The Gender Pay Differential: Choice, Tradition, Or Overt Discrimination?, Jaynanne Calaway '99 Apr 1999

The Gender Pay Differential: Choice, Tradition, Or Overt Discrimination?, Jaynanne Calaway '99

Honors Projects

No one disputes that a male-female gender wage differential favoring men exists. This study seeks to unearth not only the sources of this differential but also the relative degrees to which the various sources impact the differential. The theories proposed by current literature suggest three principal causes: differences in human capital, crowding discrimination, and other forms of discrimination. This study estimates separate equations for men and women and then uses the regression results to decompose the gender wage differential into the three aforementioned components. We find, after isolating the effects of differences in individual human capital and choice characteristics as …


The Determinants Of Home Ownership: An Application Of Human Capital Investment Theory To The Home Ownership Decision, Jaclyn K. Hood '99 Apr 1999

The Determinants Of Home Ownership: An Application Of Human Capital Investment Theory To The Home Ownership Decision, Jaclyn K. Hood '99

Honors Projects

The decision to purchase a home is one of the most important financial decisions made by young adults today. This decision is influenced by several factors including the individual's demographics and family characteristics. The purpose of this study is to focus on the influence of these factors on the probability of home ownership for young adults.


Does It Pay To Be A Man? A Study Of Pay Differentials Between College Graduates, Jennifer Van Dyke '99 Apr 1999

Does It Pay To Be A Man? A Study Of Pay Differentials Between College Graduates, Jennifer Van Dyke '99

Honors Projects

This paper takes a section by section approach to address the problem of wage differentials between college men and women. Section I serves as an introduction to the topic and Section II introduces the theoretical foundation for this subject. Section III lays out the hypothesis and explains the theoretical model and data. Section IV discusses the results of the model and Section V draws conclusions from the results and makes policy implications.