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Full-Text Articles in Social and Behavioral Sciences

The Covid-19 Pandemic's Evolving Impacts On The Labor Market: Who's Been Hurt And What We Should Do, Brad J. Hershbein, Harry J. Holzer Feb 2021

The Covid-19 Pandemic's Evolving Impacts On The Labor Market: Who's Been Hurt And What We Should Do, Brad J. Hershbein, Harry J. Holzer

Upjohn Institute Working Papers

In this paper, we shed light on the impacts of the COVID-19 pandemic on the labor market, and how they have evolved over most of the year 2020. Relying primarily on microdata from the CPS and state-level data on virus caseloads, mortality, and policy restrictions, we consider a range of employment outcomes—including permanent layoffs, which generate large and lasting costs—and how these outcomes vary across demographic groups, occupations, and industries over time. We also examine how these employment patterns vary across different states, according to the timing and severity of virus caseloads, deaths, and closure measures. We find that the …

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Negative Shocks Predict Change In Cognitive Function And Preferences: Assessing The Negative Affect And Stress Hypothesis, Francesco Bogliacino, Cristiano Codagnone, Felipe Montealegre, Frans Folkvord, Camilo Gómez, Rafael Charris, Giovanni Liva, Francisco Lupiáñez-Villanueva, Giuseppe A. Veltri Feb 2021

Negative Shocks Predict Change In Cognitive Function And Preferences: Assessing The Negative Affect And Stress Hypothesis, Francesco Bogliacino, Cristiano Codagnone, Felipe Montealegre, Frans Folkvord, Camilo Gómez, Rafael Charris, Giovanni Liva, Francisco Lupiáñez-Villanueva, Giuseppe A. Veltri

ESI Publications

In the context of the current COVID-19 pandemic, households throughout the world have to cope with negative shocks. Previous research has shown that negative shocks impair cognitive function and change risk, time and social preferences. In this study, we analyze the results of a longitudinal multi-country survey conducted in Italy (N = 1652), Spain (N = 1660) and the United Kingdom (N = 1578). We measure cognitive function using the Cognitive Reflection Test and preferences traits (risk, time and social preferences) using an experimentally validated set of questions to assess the differences between people exposed to a shock compared to …

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Covid-19'S Impacts On The Labor Market In 2020, Brad J. Hershbein, Harry J. Holzer Feb 2021

Covid-19'S Impacts On The Labor Market In 2020, Brad J. Hershbein, Harry J. Holzer

Upjohn Institute Policy and Research Briefs

No abstract provided.

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Measuring Heterogeneous Preferences For Residential Amenities, Arthur J. Caplan, Sherzod B. Akhundjanov, Kristopher Toll Feb 2021

Measuring Heterogeneous Preferences For Residential Amenities, Arthur J. Caplan, Sherzod B. Akhundjanov, Kristopher Toll

Applied Economics Faculty Publications

This study reports on estimates of heterogeneous preferences for residential amenities among households in the Mountain West region of the US. The estimates are derived from a choice experiment funded by the Utah Department of Transportation and Utah Transit Authority—an experiment based upon large samples of both homeowners and renters who participated in a larger, statewide transportation study. The choice experiment and transportation study allow us to control for a rich set of household-level demographic and lifestyle characteristics, which in turn permits identification of a host of factors contributing to heterogeneity in residential preferences. We leverage a percentage-change housing cost …

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Payroll Protection Program Increases Eligibility, Marilyn R. Schlake, Austin Duerfeldt Feb 2021

Payroll Protection Program Increases Eligibility, Marilyn R. Schlake, Austin Duerfeldt

Cornhusker Economics

As the COVID-19 pandemic continues to impact business-es across the country, the Small Business Administration (SBA) has issued new guidelines for the Payroll Protection Program (PPP) in 2021. These guidelines increase the eligibility rules for self-employed, sole proprietors and 1099 workers, including agricultural producers, that allow them to apply and access the PPP Loan funds.

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The Impact Of Covid-19 On The Standard & Poor 500 Index Sectors: A Multivariate Generalized Autoregressive Conditional Heteroscedasticity Model, Maha Elhini, Rasha Hammam Feb 2021

The Impact Of Covid-19 On The Standard & Poor 500 Index Sectors: A Multivariate Generalized Autoregressive Conditional Heteroscedasticity Model, Maha Elhini, Rasha Hammam

Economics

Purpose – This paper aims to examine the impact of the daily growth rate of COVID-19 cases in the USA (COVID), the Federal Fund Rate (FFR) and the trade-weighted US dollar index (USDX) on S&P500 index daily returns and its 11 constituent sectors’ indices for the time period between January 22, 2020, until June 30, 2020. Design/methodology/approach – The study uses the multivariate generalized autoregressive conditional heteroscedasticity (MGARCH) model to gauge the impacts over the whole period of study, as well as over two sub-periods; first, January 22, 2020, until March 30, 2020, reflecting uncertainty in the US markets and …

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Credit Limit Of Unsecured Consumer Lending: Evidence From Micro Data, Suwinto Johan, Calista Endrina Dewi Feb 2021

Credit Limit Of Unsecured Consumer Lending: Evidence From Micro Data, Suwinto Johan, Calista Endrina Dewi

Economics and Finance in Indonesia

As credit card debts have increased in Indonesia over the past ten years, concerns over the impulsive buying behavior of Indonesian credit card holders have emerged. Therefore, more attention must be paid to credit risk management of banks as it plays an important role in analyzing the possibility of losses due to the inability of prospective borrowers to repay debts. This study provides empirical evidence about the prudence of commercial banks in Greater Jakarta in offering credit card limits. Using primary micro-data collected from credit card applications submitted to the largest foreign private bank providing retail credit in the Greater …

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Indonesian Provinces Sdgs Composite Index: Lampung Province Analysis, Reny Andriati, Mohamad Fahmi Feb 2021

Indonesian Provinces Sdgs Composite Index: Lampung Province Analysis, Reny Andriati, Mohamad Fahmi

Economics and Finance in Indonesia

Publications of Sustainable Development Goals (SDGs) have mainly been conducted at a national level and separately for each goal. No prior research has been done on SDGs composite index at a provincial level in Indonesia. It is necessary to create a composite index that presents a single value at the provincial level to enable regional evaluation. The Indonesia Province SDGs composite index is developed from indicators based on Statistics Indonesia gathered from several publications. The data sources are the National Socio-Economic Survey (Susenas) and the Basic Health Research (Riskesdas) which were linked surveys held in 2018. Principal Component Analysis and …

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Enslaved Financing Of Southern Industry: The Nesbitt Manufacturing Company Of South Carolina, 1836–1850, Sharon Ann Murphy Feb 2021

Enslaved Financing Of Southern Industry: The Nesbitt Manufacturing Company Of South Carolina, 1836–1850, Sharon Ann Murphy

Economics Faculty Publications

Incorporated on the eve of the Panic of 1837, the Nesbitt Manufacturing Company of South Carolina owned and hired enslaved individuals to labor in their ironworks, but they also leveraged the market value of this enslaved property by exchanging them for shares of company stock and offering them as collateral in loan contracts. These slaveholders actively experimented with increasingly sophisticated financial tools and institutions in order to facilitate investment, market exchange, and profit maximization within the system of enslavement. Although historians have examined the role of enslaved labor in industrial concerns, they have largely ignored their role in the financing …

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Job Creation Policies Can Raise Local Employment Rates, Especially For Distressed Communities, Timothy J. Bartik Feb 2021

Job Creation Policies Can Raise Local Employment Rates, Especially For Distressed Communities, Timothy J. Bartik

Employment Research Newsletter

No abstract provided.

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Income In The Off-Season: Household Adaptation To Yearly Work Interruptions, John Coglianese, Brendan M. Price Feb 2021

Income In The Off-Season: Household Adaptation To Yearly Work Interruptions, John Coglianese, Brendan M. Price

Employment Research Newsletter

No abstract provided.

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Gender Differences In Ncaa Non-Revenue Sports: An Examination Of Men’S And Women’S Soccer Coaching Salaries, David Eaton, Martin Milkman Feb 2021

Gender Differences In Ncaa Non-Revenue Sports: An Examination Of Men’S And Women’S Soccer Coaching Salaries, David Eaton, Martin Milkman

Faculty & Staff Research and Creative Activity

This paper examines the determinants of head coaching salaries in men’s and women’s collegiate soccer. Both of these sports are considered non-revenue sports, and thus differences in sports revenues should not impact coaching salaries. We analyze salaries of head coaches in these sports to determine if i) coaches in women’s soccer earn systematically less than coaches of men’s soccer, and ii) whether there is a difference in salaries between male and female coaches of women’s soccer. We find that salaries for coaches of women’s soccer are lower than those for men’s soccer. We also find that there is no statistically …

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The Feasibility Of Renewable Natural Gas In New Jersey, Anneliese Dyer, Amelia Christine Miller, Brianna Chandra, Juan Galindo Maza, Carley Tran, Justin Bates, Vicky Olivier, Amy Tuininga Feb 2021

The Feasibility Of Renewable Natural Gas In New Jersey, Anneliese Dyer, Amelia Christine Miller, Brianna Chandra, Juan Galindo Maza, Carley Tran, Justin Bates, Vicky Olivier, Amy Tuininga

PSEG Institute for Sustainability Studies Publications

With traditional natural gas being one of the top options for heating in the United States and the present threat of climate change, there is a demand for an alternative clean fuel source. A Renewable Natural Gas Implementation Decision-Making Conceptual Model was created to provide a framework for considering the feasibility of renewable natural gas (RNG) projects and applied to New Jersey, specifically investigating landfills and wastewater treatment plants (WWTPs). Data from the US EPA’s Landfill Methane Outreach Program and New Jersey’s Department of Environmental Protection Sewage Sludge databases were used to identify seven landfills and 22 WWTPs as possible …

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Nebraska Land Link, Jessica Groskopf, Allan Vyhnalek Feb 2021

Nebraska Land Link, Jessica Groskopf, Allan Vyhnalek

Cornhusker Economics

Nebraska Extension is pleased to announce that the Nebraska Land Link is open for applications. Nebraska Land Link connects new or beginning farmers and ranchers seeking land with landowners who wish to lease, sell or gift their land to a new or beginning farmer or rancher. The web-based enrollment and information for the program can be found at https://farm.unl.edu/landlink

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Examining Future Expansion Opportunities At The Morgantown Industrial Park, Brian Lego, Christiadi Feb 2021

Examining Future Expansion Opportunities At The Morgantown Industrial Park, Brian Lego, Christiadi

Bureau of Business & Economic Research

The Morgantown Industrial Park (MIP) encompasses a wide area between the Monongahela River and Interstate-79, and currently houses approximately 20 companies. A new interchange on Interstate 79 at River Road (approximately mile marker 151) is expected to improve access to the industrial park in a substantial manner, allowing expanded access into the MIP and creating the opportunity to house a variety of new businesses from several sectors. In this study, we provide a brief look at the North Central West Virginia region’s economic and demographic characteristics as a means of assessing the area’s viability and attractiveness to potential businesses. Measures …

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Skbi Big 5 Survey 2021 February, Singapore Management University Feb 2021

Skbi Big 5 Survey 2021 February, Singapore Management University

Sim Kee Boon Institute for Financial Economics

The latest survey results suggest that the five largest economies collectively is projected to snapback to almost 6% in 2021, a modest upgrade from the August median, following an unprecedented preliminary contraction of roughly 4% last year (in real GDP terms). The 2022 median growth forecast of slightly above 4.5%, while slower, is still respectable, outstripping its pre-COVID 10-year average pace by more than half a percentage point. The aggregate upgrade in 2021, however, obscures the lopsided nature and highly uneven contour of the ongoing recovery. The bulk of the upward revision to growth was mainly due to IN (to …

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Iba Newsletter [February 2021], Communications Department, Office Of The Registrar Feb 2021

Iba Newsletter [February 2021], Communications Department, Office Of The Registrar

IBA News

No abstract provided.

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Credit Risk Modelling For Assessing Creditworthiness For Homeowners Who Can Avail Solar On Finance At Peacock Solar, Gurugram, Niraj Kishore Chimote, Aaditya Anil Srivastava Feb 2021

Credit Risk Modelling For Assessing Creditworthiness For Homeowners Who Can Avail Solar On Finance At Peacock Solar, Gurugram, Niraj Kishore Chimote, Aaditya Anil Srivastava

International Review of Business and Economics

Peacock Solar is a household solar installation company based in Gurugram, Haryana. It provides hassle free installation of solar power. In an era of rising demand for renewable energy, solar power is seen as a future of energy. The markets are becoming more competitive as better technologies increase the efficiency and lower the cost of solar power. In India, solar power is in its nascent stage of development and being price sensitive markets, cost remains the bottom line of competition. The present study is an attempt to showcase the strategy adopted by Peacock solar to enhance its sales by making …

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Import Restrictions By Eco-Certification: Quantity Effects On Tropical Timber Production, Matthew T. Cole, Jacqueline M. Doremus, Stephen F. Hamilton Feb 2021

Import Restrictions By Eco-Certification: Quantity Effects On Tropical Timber Production, Matthew T. Cole, Jacqueline M. Doremus, Stephen F. Hamilton

Economics

Eco-certification standards are increasingly used by industrial countries to restrict imports of foreign goods produced using unsustainable practices. Import restrictions on eco-certified goods limit the trade of goods to the home country, but also serve to segment global demand into separate regions for conventional goods and certified goods, altering market structure and equilibrium prices in a manner that can work against sustainability goals. In this paper, we examine the effect of recent import restrictions in the US, EU, Canada, and Japan that require tropical timber products produced in Central Africa to be eco-certified. Using panel data of timber production in …

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Occupational Licensing And Immigrants, Hugh Cassidy, Tennecia Dacass Feb 2021

Occupational Licensing And Immigrants, Hugh Cassidy, Tennecia Dacass

Economics Faculty Scholarship

This study examines the incidence and impact of occupational licensing on immigrants using two sources of data: the Current Population Survey and the Survey of Income and Program Participation. We find that immigrants are significantly less likely to have a license than similar natives and that this gap is largest for men, workers in the highest education level, and nonnaturalized immigrants. The licensing rate increases with years since migration and shows large variation by immigrants’ region of origin. A lack of English proficiency reduces the probability that an immigrant has a license. The wage premium from having a license is …

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Online #Boycotts: Consumers Calling For Accountability And Social Responsibility, Kimberly Legocki, Kristen Walker Feb 2021

Online #Boycotts: Consumers Calling For Accountability And Social Responsibility, Kimberly Legocki, Kristen Walker

School of Economics and Business Administration Faculty Works

No abstract provided.

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Is There Any Relationship Between Child Labour, Crime Rates And Country Income Per Capita?, Cheick Wague, Nandakumar P. Warrier Feb 2021

Is There Any Relationship Between Child Labour, Crime Rates And Country Income Per Capita?, Cheick Wague, Nandakumar P. Warrier

International Review of Business and Economics

Child labour exists in varying degrees in virtually all countries aspiring to reach high income status. The prevalence of child labour and associated criminal activities have been portrayed in the 19th century novels of Charles Dickens, perhaps most vividly in the character ‘Fagin’ in the novel ‘Oliver Twist’. It seems clear that the early years of the industrial revolution in Britain gave rise to demand for increased child labour and also provided fertile ground for criminal activities. However, it is also evident from the experience of the high-income countries that the hallowed peaks of the development process witness an end …

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An Empirical Analysis Of Dimensional Trust In Online Group Buying Sites, Varinder Sharma Feb 2021

An Empirical Analysis Of Dimensional Trust In Online Group Buying Sites, Varinder Sharma

International Review of Business and Economics

Building websites that generate adequate perception of ability, integrity, and benevolence dimensions of trust amongst even the first-time visitors is critically important for online group buying (OGB) sites; otherwise, visitors may be reluctant to transact. Current literature suggests that certain website features can induce overall trust perception (TP); however, their impact on specific trust dimensions has received little attention resulting in scholarly and managerial lacunae to precisely diagnose and remedy the problem with TP. To address this knowledge gap, this study first categorizes the trust-inducing features and then explores their impact on the trust dimensions of an OGB website in …

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A Study On Sustainability Of Payment Banks In India Using Technology Acceptance Model, Thilak Venkatesan, Samitha Ss Feb 2021

A Study On Sustainability Of Payment Banks In India Using Technology Acceptance Model, Thilak Venkatesan, Samitha Ss

International Review of Business and Economics

Payment banks are new era banks that provide limited services but with simple access. The Reserve Bank of India established it with an aim to offer remittance services to migrant labor workforce, low-income households, small businesses, and other unorganized sector entities. Awareness plays a major role in the mindset of the people towards the digitalized mode of the payment system. Payment banks are currently facing many challenges as they are not allowed to lend money. Their major source of income comes only from the interest of the government securities in which they can invest. Despite all these, payment banks are …

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Impact Of Covid-19 On Stock Markets: An Investigation And Way Forward, Aaditya Trivedi, Tajinder Pal Singh, Kaushal Kishore Feb 2021

Impact Of Covid-19 On Stock Markets: An Investigation And Way Forward, Aaditya Trivedi, Tajinder Pal Singh, Kaushal Kishore

International Review of Business and Economics

This study analyzes the impact of the COVID-19 pandemic on stock markets in different regions of the world. Impact of COVID-19 on the stock market is like a black swan event. To analyze the impact of COVID-19 on the stock market, study includes different indices, ratios, strategies and past events to compare. Study is focused on the stock market of countries such as the United States and India to see effects on developed and developing countries. The trends were found similar worldwide. The United States, which has been a bull market for a long time, is also experiencing a plummeting …

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Nebraska Corn Basis Response To Economic Shutdown, Austin Harthoorn, Cory Walters, Jessica J. Groskopf Feb 2021

Nebraska Corn Basis Response To Economic Shutdown, Austin Harthoorn, Cory Walters, Jessica J. Groskopf

Extension Farm and Ranch Management News

The objective of this article is to evaluate how Nebraska corn basis evolved through this past year’s economic events. We hope growers update their commodity price marketing decision framework as this past year exposed levels prices can reach — an important factor to consider when farm survival is on the line.

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Pregnancy Persistently Reduces Alcohol Purchases: Causal Evidence From Scanner Data, Aljoscha Janssen, Elle Parslow Feb 2021

Pregnancy Persistently Reduces Alcohol Purchases: Causal Evidence From Scanner Data, Aljoscha Janssen, Elle Parslow

Research Collection School Of Economics

We analyze household-level changes in alcohol consumption in response to pregnancy. Using scanner data, we identify households with a pregnant household member. Within an event study and a dynamic difference-in-differences estimation, we find that during a first pregnancy, households reduce their alcohol purchases by 36%. After pregnancy, purchases of alcohol are 34% lower than before pregnancy. We do not find any effect during the second pregnancy. One possible explanation for our result is that lower consumption during pregnancy changes habits and reduces consumption in the long term. We discuss other explanations and comment on policy implications.

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Thailand’S Trade Policies: Short Review Of Successes And Shortcomings, Nash Herman Feb 2021

Thailand’S Trade Policies: Short Review Of Successes And Shortcomings, Nash Herman

International Review of Business and Economics

While Thailand is often considered a bastion of free trade, the Southeast Asian country has deployed a multitude of different policies that has led to Thailand’s current economic success. Thailand has generally always sought to be a modern, liberal country. Before the Asian Financial Crisis of the 1990’s Thailand saw unprecedented economic growth before the crisis and has since focused on even more liberalization measures. The paper aims to explore some of the different parts of economic theory that Thailand has implemented (both liberal and protectionist), in order to explain some of Thailand’s economic success and some possible shortcomings. The …

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Efficiency Ranking Of It Service-Producing Firms: Case Of Indian Multinationals, H. D. Vinod, P. M. Rao Feb 2021

Efficiency Ranking Of It Service-Producing Firms: Case Of Indian Multinationals, H. D. Vinod, P. M. Rao

International Review of Business and Economics

Production functions often study the output of physical products with capital and labor inputs. Instead, we use 2004 to 2016 data for 55 In- dian multinational companies to assess the production of services. Our estimates of flexible production functions yield estimates of scale elasticity (SCE) and elasticity of substitution (EOS) for pooled data. A subset of 31 companies with relatively complete data yields their individual SCE and EOS values, revealing their heterogeneity. Sorting the 31 companies by their SCE help name scale-efficient (high SCE) and scale inefficient (low SCE) multinationals. Similarly, a listing of 31 companies sorted by EOS allows …

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Significance Of Psychological Contract In Education – A Study With Special Reference To Response Of Students To Online Classes At The Time Of Lockdown Due To Covid 19., Santhosh Kv, Bhavya Vikas Feb 2021

Significance Of Psychological Contract In Education – A Study With Special Reference To Response Of Students To Online Classes At The Time Of Lockdown Due To Covid 19., Santhosh Kv, Bhavya Vikas

International Review of Business and Economics

Psychological contracts are being studied by many researchers in the present days. This paper attempts to establish the importance of psychological contract during formal education stage, by considering the response of UG and PG students to online classes at the time of lockdown due to Covid 19. With the limited literature research it was found that many have tried to understand the benefits and pitfalls of online teaching. But the researches that establish a relationship between online education and psychological contract were found to be less explored, which is exactly what this paper attempts to do. The objectives of the …

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