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Social and Behavioral Sciences Commons

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Economics

Honors Theses

Theses/Dissertations

2019

Macroeconomics

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

The Business Cycle And Health: An Analysis Of How Macroeconomic Conditions Impact Health Outcomes In The U.S., Talitha Kumaresan Mar 2019

The Business Cycle And Health: An Analysis Of How Macroeconomic Conditions Impact Health Outcomes In The U.S., Talitha Kumaresan

Honors Theses

The U.S. spends about twice as much per person on healthcare, yet the disease burden remains higher in the U.S. than in comparable countries (Sawyer and Cox 2018; Sawyer and Gonzales 2017). Although health status is perceived to be an outcome of individual decision making, the business cycle also affects health. While the effect of macroeconomic shocks on health outcomes has been studied extensively, results remain inconclusive. This analysis uses longitudinal data over 30 years and panel data models to examine the effect of macroeconomic conditions on obesity, diabetes, hypertension, depression, congestive heart failure, and heart attack or myocardial infarction. …


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, …