Social and Behavioral Sciences Commons^™

Gender Inequalities In The Allocation Of Time To Household Production In Nepal, Nischal Dhungel

Theses - Graduate Programs in Economic Theory and Policy

The thesis examines factors that may explain gender (working age group, married men and women, 15-60 years) inequalities in the allocation of time to household production in Nepal. Gender disparities in the allocation of unpaid care and domestic labor (home production) are a major and prevalent element of inequalities between men and women. I presume that each spouse's time spent is influenced by personal and household factors. Furthermore, I argue that state can play substantial role in pursuing province level employment program (Karnali Province) in line with federal level employment program, namely Job Guarantee to uplift women's economic empowerment by …

Cotton: A Historiographical And Instructional Exploration: 1835-2020, Chad Joseph Rosenbloom

History - Master of Arts in Teaching

I.Synthesis Essay……………………………...2

II.Primary Documents and Headnotes……...36

III.Textbook Critique…………………………...45

IV.New Textbook Entry………………………..49

V.Bibliography………………………………….53

French Bilateral Aid To Mali: Examining The Donor-Recipient Relationship’S Effect On Development, Hazel R. Carson

Senior Projects Spring 2022

Senior Project submitted to The Division of Social Studies of Bard College.

The Transformation Of Japan From 1868 To 1970s: Detective Fiction As The Carrier Of Social Anxieties, Xinye Hu

Senior Projects Spring 2022

Senior Project submitted to The Division of Social Studies and Languages and Literature of Bard College.

Single Parenthood And The Gender Wage Gap, Gabriel Scribner

Senior Projects Spring 2022

Senior Project submitted to The Division of Social Studies of Bard College.

Price Is What You Pay: An Analysis Of Government Pricing Power, Denton Penn Lane

Senior Projects Spring 2022

Marketplaces for goods and services are defined by the existence of prices. In a market economy, the price is an important determinant for production and consumption. We analyze theories describing how private firms price their goods and how government activity affects those prices. This description of government pricing powers is done through the lens of Modern Money Theory so as to provide a detailed view of the current monetary system. Through exploring a series of fiscal policy options, this paper has shown government pricing power to be present and undertheorized. The resulting discussion is aimed at providing theoretical background for …

Environmental Social Governance: Uncovering Strengths, Weaknesses, And Misconceptions In Esg Disclosure And Rating, Kirsten Helena Ostbirk

Senior Projects Spring 2022

ESG is a metric designed to assess the extent to which a company has mitigated its risks with regard to environmental, social, and governance factors. In the past two decades, ESG investing and adoption has risen significantly, and ESG evaluation and practices are increasingly being introduced to governments and the private sector. However, today, ESG disclosure is not mandated in the United States, leading to asymmetries in disclosure quality and divergence in ESG scores issued by ratings providers. These massive discrepancies have consequences for companies (e.g. cost of capital), investors (e.g. investment hesitance, lost potential returns), and the ESG metric …

The Foundations Of Behavioral Finance: A Case Study Of Robinhood Users And The Impact Of Biases In Financial Markets, Robert Michael Arciola

Senior Projects Spring 2022

Financial markets play a vital role in economies around the world. They facilitate the interactivity between those who are in need of capital and those with capital to invest. While its own separate entity, the stock market is correlated with the economy in various ways in which one may significantly impact the other on a regular basis. Thus, investors and firms participating in markets have much power in influencing the economy. Human behavior is prone to biases that are not accounted for in standard finance theory but is the subject of behavioral economics by utilizing psychology and sociology to aid …

Comparing Political Implications Of Punitive Paradigms In Digital Surveillance And Data Driven Algorithms Between The Polities Of The United States Of America And The People's Republic Of China, Shedelande Lily Carpenter

Senior Projects Spring 2022

Senior Project submitted to The Division of Social Studies of Bard College.

The State Of Crypto: How Blockchain Changes The Private Money Debate And The Innovation Of Digital Value, Patrick Devine

Senior Projects Spring 2022

This paper seeks to explore how cryptocurrencies improve on past issues with private currencies and assess where they fit within the broader economic and regulatory context. This paper finds that blockchain technology provides a solid foundation for cryptocurrencies to improve on many of the past issues associated with private currencies, but concludes that, given the infancy of the industry and the lack of an established regulatory framework, we cannot confirm that they are truly infallible, nor that they provide a clear answer to the debate over whether private currencies actually improve the financial system as laid out by Hayek, Ingham, …

The Job Guarantee As It Relates To People With Disabilities, Tyler Christopher Emerson

Senior Projects Spring 2022

We accept unemployment as an inevitability in our capitalist economy even when it is purportedly functioning at full capacity. Some economists propose that the government could directly intervene in the labor market to meet the peoples’ demand for jobs. Work in modern America is a central aspect of participation in society that directly impacts individuals’ identities. Unemployment is, therefore, a key mechanism of social exclusion. The Federal Job Guarantee seeks to provide work directly for the unemployed with work that serves the public good.

People with disabilities disproportionately suffer from unemployment, underemployment, and often leave the workforce entirely. The majority …

The Elusive Rainbow Nation: Assessing Post-Apartheid Reconstruction Strategies In Johannesburg, South Africa, Ashley May Eugley

Senior Projects Spring 2022

This paper examines how South Africa’s political and economic orientation following the nation’s democratization in 1994 enabled a continuation of Apartheid-era patterns in the City of Johannesburg. In particular, it contends that governmental decentralization, neoliberalism, and global city aspirations—enshrined in both local and national policy documents—turned attention away from addressing internal deprivations. Rather than redistributing social and economic power, uplifting the Black-majority, and allowing urban stakeholders to play a central role in policy formation and decision-making, Johannesburg’s City Government catered to elite outside interests, effectively introducing new forms of segmentation and disenfranchisement. Although the African National Congress committed to transform …

The Gold Standard And Fiat Money System, Khawaja Mohammad Mudasser

Senior Projects Fall 2022

This paper explains two world monetary orders, the Gold Standard and Fiat Money. The paper argues that the Fiat Money system is better than the Gold Standard system because the Gold Standard system increases risk of deflation and restricts economic growth unlike the Fiat Money system. The paper discusses history of both monetary regimes, policy mechanism under both systems and economic outcomes. The paper states the policy and framework for exchange rates and trading under both regimes. It also discusses monetary policy and gold/capital flows under both of the systems.

Passive-Aggressive Intervention: The Impact Of Mandated Paid Parental Leave On Childcare Labor, Justin Fiume

Theses - Graduate Programs in Economic Theory and Policy

Gender inequality is one of the few fundamentally persistent inequalities within society, especially in the United States. This thesis will use a Marxist-feminist approach to explore the impact of the United States’ capitalist market economy on gender-specific public and private life structures. Specifically, how inequality is exacerbated as women transition to motherhood. This paper hypothesizes that a mandated paid parental leave would alleviate some of this ‘second burden’ by encompassing fathers in its eligibility. We formulate a difference-in- difference model to estimate the causal effects of two current states who mandate paid parental leave and evaluate the average treatment effect …

Some Causes, Common Fears, And The Economic Impact Of Immigration From Latin America On The U.S., Joshua Fohner

Theses - Graduate Programs in Economic Theory and Policy

Recently there has been a sharp increase in the promotion of anti-immigration rhetoric and sentiments driven by former President Trump and conservative lawmakers in Washington. These attitudes have led some members of the public to adopt various beliefs of immigrants that are negative or poorly understood. The focus of this paper will be primarily on people from Mexico and other Latin American nations, as people from this part of the world have been

primarily the target of these beliefs. This paper will first analyze some of the social and political reasons why people choose to emigrate from their home countries. …

Parallel State Currency: A Mechanism To Expand Sovereignty For Countries With Foreign Debt And Trade Deficits, Angelica Huerta Ojeda

Theses - Graduate Programs in Economic Theory and Policy

Some countries, due to historical events, are within a creditor-debtor relationship and are unable to make full use of their currency. Debtor countries tend to not be fully sovereign -are either dependent on food, energy, or technology- which results in them being reliant on capital inflows. Foreign debt and lack of sovereignty feed each other into a debt trap and create an endless chain of dependency. This essay attempts to explore the possibility that governments with foreign debt and lack of sovereignty, like Mexico, should create another unit of account while keeping the current one. The parallel currency would not …

Term Structure Of Equity: Analysis For The Case Of European Stocks, Sulayman Jaiteh

Theses - Graduate Programs in Economic Theory and Policy

This paper studies the equity term structure and its relevance in pricing Euro- pean stocks, using a duration concept. In explaining the cross-sectional variation

in the duration premium, we made use of cash flow duration in understanding the value premium. Empirically, we measure cash flow duration using balance sheet data and to show if difference in return is a manifestation of value premium. Also relating the time series return to the factor model of Fama and French model which was able to explain the 40% of the cross-sectional variation in return. The term structure of equity shows a downward slope …

The Community Reinvestment Act: Reimagined, Jonathan Raefski

Theses - Graduate Programs in Economic Theory and Policy

America has long been considered the land of opportunity. However, the American Dream’s attainability has not been widespread. Instead, wealth continues to be funneled into the hands of the select few. In an effort to combat income inequality and to provide capital reinvestment for historically left behind groups, Congress enacted the Community Reinvestment Act (CRA) in 1977. The idea behind the legislation was to stimulate lending and extend credit to areas that were affected by redlining, classism, or other prejudicial practices that enabled income inequality. This thesis aims to analyze the legislation to understand both the strengths and weaknesses of …

A Stock-Flow Consistent Model Of Income Inequality: The Destabilizing Effects Of The German Labor Market On The Emu, Simon Grothe

Theses - Graduate Programs in Economic Theory and Policy

This thesis presents a stock-flow consistent model (SFC) that analyzes the effects of Germany’s wage moderation on other Eurozone economies. It

shows that excessive German saving comes at a cost: the decoupling of pro- ductivity growth and real wage growth for the largest share of the German

workforce relies on internal and external debt. The SFC model presented in this paper is inspired by the recent Eurozone model by Gräbner et al. (2021) that is published as a working paper. Germany’s wage moderation will be

discussed as an example for how income inequality reduces domestic aggre- gate demand but gets …

The Covid-19 Pandemic And Its Effects On The Primary And Secondary Mortgage Markets In The U.S., Jordan Myers

Theses - Graduate Programs in Economic Theory and Policy

In this report, there is a multi-faceted analysis of how the COVID-19 pandemic affected relationships within U.S. mortgage markets. First, the paper looks at the economic conditions that arose after the pandemic hit in March 2020. These conditions included a severe drop in home sales followed by the Fed consistently decreasing the Fed Funds rate. Next, the paper looks at the perspective of the individual homeowner and renter. This section touches on the lacking access to liquidity that individuals had during the pandemic, thus making it hard for them to make mortgage or rent payments. Then, there is an examination …

The Effect Of The Smccf Announcement And Purchase On Eligible Transportation Sector Bonds, Bethuel-Ange Yebouet

Theses - Graduate Programs in Economic Theory and Policy

Covid highlighted the financial vulnerability of both small and large businesses in the U.S economy. In response, the Federal Reserve announced the creation of the secondary market corporate credit facilities (SMCCF) on March 23, 2020, with the aim of providing liquidity to US firms through bond financing. The goal was to build a portfolio of bonds that attempted to achieve a wide, diversified market index of US corporate bonds. When looking at the composition of the SMCCF broad market index and percentage (%) of par value from the federal reserve bank of New York, firms from the transportation sector received …