Social and Behavioral Sciences Commons^™

Minimum Wage Increases Reduce Racial Disparities During Hiring, Alec Brandon, Justin E. Holz, Andrew Simon, Haruka Uchida

Employment Research Newsletter

No abstract provided.

New Data Show How Far Graduates Move From Their College, And Why It Matters, Johnathan G. Conzelmann, Steven W. Hemelt, Brad J. Hershbein, Shawn Martin, Andrew Simon, Kevin M. Stange

Employment Research Newsletter

No abstract provided.

Viewing The World Through The Prism Of Cross-Cultural Romances: Film Review Of Christmas As Usual (2023) And Further Reflections, Raja Ramanathan

Markets, Globalization & Development Review

No abstract provided.

Revisiting Late Globalization: A Commentary On Theorizing And Theoretical Deepening, Romeo V. Turcan, Michael Fast

Markets, Globalization & Development Review

No abstract provided.

Flavors And Frailties Of Globalization, Nikhilesh Dholakia, Deniz Atik

Markets, Globalization & Development Review

No abstract provided.

A Path To Food Self-Provisioning And Experiences From Learning New Skills: An Autoethnographic Depiction, Toni Ruuska

The Qualitative Report

In this autoethnographic depiction, I tell a story of change and renewal. In the narrative, I present a story of personal choices and epiphanies that have changed the course of my life. At the turning point, I portray the process of learning new skills regarding food self-provisioning. I come from a privileged, but de-skilled, middle-class suburban background, and the past four years has been a diverse journey of insecurity, alienation, and fatigue, but also of learning, empowerment, and self-realization. From a person with limited skills, to an at least somewhat skilled food neo-self-provisioner, I have partaken in a process of …

Sleep Restriction Alters The Integration Of Multiple Information Sources In Probabilistic Decision-Making, Jeryl Y. L. Lim, Johanna M. Boardman, Clare Anderson, David L. Dickinson, Daniel Bennett, Sean P. A. Drummond

ESI Publications

The detrimental effects of sleep loss on overall decision-making have been well described. Due to the complex nature of decisions, there remains a need for studies to identify specific mechanisms of decision-making vulnerable to sleep loss. Bayesian perspectives of decision-making posit judgement formation during decision-making occurs via a process of integrating knowledge gleaned from past experiences (priors) with new information from current observations (likelihoods). We investigated the effects of sleep loss on the ability to integrate multiple sources of information during decision-making by reporting results from two experiments: the first implementing both sleep restriction (SR) and …

Relationship Over Time Between Drug Price News And U.S. Pharmaceutical Companies' Financial Performance And Capitalization, Teresita Mulero-Mulero

Walden Dissertations and Doctoral Studies

No abstract provided.

It May Be A Mistake To Delay Social Security Benefits, Gary N. Smith, Margaret H. Smith

Pomona Economics

Financial planners generally recommend delaying the start of Social Security retirement benefits until age 70. However, two-thirds of recipients begin collecting benefits before full retirement age. We argue that starting benefits before age 70, or even before full retirement age, and investing these benefits sensibly may well be a smart financial decision.

Assessing The Recreational Charter Fishing Market In Florida: A Hedonic Price Analysis, Mehrnoosh Asadi, Pallab Mozumder, Mahadev G. Bhat

Economics Faculty Publications

In this study we analyze the effect of a wide range of factors on the variation of recreational fishing trip prices in Florida. We collected extensive data from recreational fishing websites maintained by guides and outfitters and used different empirical methods for quantifying the relationship between trip price and various trip characteristics. The Hedonic Price model was used to estimate the implicit prices of freshwater and saltwater fishing trip characteristics. The results suggest that freshwater and saltwater anglers significantly value the lodging feature included in the fishing trip package. Moreover, saltwater anglers had a higher willingness to pay to catch …

Learning By Doing, Productivity, And Growth: New Evidence On The Link Between Micro And Macro Data, Brad Humphreys, Scott Schuh, Corey Williams

Economics Faculty Working Papers Series

No abstract provided.

Essays In Macroeconomics And Finance, Archil Dvalishvili

Dissertations, Theses, and Capstone Projects

Chapter 1: (A Quantitative Analysis of Interest on Reserves and Reserve Requirements) - I construct a medium scale DSGE model with financial frictions both on the demand (entrepreneurs) and supply (banks) sides of credit to study the costs and benefits of fixed/time-varying minimum reserve requirements and interest paid by the Fed on reserves.The results can be summarized as follows: (1) An optimal time-varying minimum reserve requirement generates substantial welfare gain when compared with a fixed minimum reserve requirement when no interest is paid on reserves. (2) Paying interest on reserves is substantially welfare inferior to a policy with no interest …

Containerization Of Seafarers In The International Shipping Industry: Contemporary Seamanship, Maritime Social Infrastructures, And Mobility Politics Of Global Logistics, Liang Wu

Dissertations, Theses, and Capstone Projects

This dissertation discusses the mobility politics of container shipping and argues that technological development, political-economic order, and social infrastructure co-produce one another. Containerization, the use of standardized containers to carry cargo across modes of transportation that is said to have revolutionized and globalized international trade since the late 1950s, has served to expand and extend the power of international coalitions of states and corporations to control the movements of commodities (shipments) and labor (seafarers). The advent and development of containerization was driven by a sociotechnical imaginary and international social contract of seamless shipping and cargo flows. In practice, this liberal, …

Border Confinement And Assistance Markets In Tijuana: Mexican Deportees’ Experiences Of Labor And Violence Between Mexico And The United States, Christian Pacheco-Gómez

Dissertations, Theses, and Capstone Projects

This dissertation is an ethnography of deportation and describes how Tijuana’s (Baja California, Mexico) border redevelopment and spatial redesign has impacted in Mexican job seekers’ mobilities, incorporation, and stigmatization after experiencing forced removals from the United States. The dissertation explores three processes interwoven in the deportees’ class experiences of migration and deportation.

First, I trace Mexican job seekers’ trajectories of labor and migratory movement before, during, and after deportation as well as their incorporation stories in Tijuana. Second, I reconstruct the political economy of reception immigrant subjects encounter after being deported from the United States and subjected by Tijuana’s border …

No Ela Without Ella: Understanding The Naming And Crafting Of Gendered Subjectivities In Puerto Rico, Carmín Quijano Seda

Dissertations, Theses, and Capstone Projects

At the beginning of the 20th century, the official metadiscourses about gendered job titles sedimented the idea that names or indexes pointing to women should be interpreted as unskilled, cheap, or even free labor in Puerto Rico (Azize, 1985; Muñiz Mas, 1998; Baerga-Santini, 1999). For this reason, Puerto Rican women organized and fought for equality in work settings. Furthermore, they became more active in politics and the government. Nevertheless, the Estado Libre Asociado (ELA) and local media discourses and interpretations about women’s labor discouraged them from participating in more senior positions (Acevedo Gaud, 2012).

However, this interpretation seemed to have …

Essays On Real Estate, Flood Risk, And Political Sentiment, John P. Orellana

Dissertations, Theses, and Capstone Projects

This dissertation consists of three chapters that investigate how climate change, flood risk, and political sentiment influence outcomes in housing markets.

Chapter 1: This chapter offers a brief review and discussion of several recent and seminal papers at the intersection of flood risk, climate change, and real estate, as well as a critique on some of the literature on the effects of sea-level rise on housing outcomes.

Chapter 2: FEMA flood maps serve two functions: they signal risk to homeowners and mandate insurance take-up. How these information and risk transfer mechanisms affect homeowner relocation decisions remains unknown. Combining real estate …

Seattle’S Paid Sick Leave Law Increased Work Hours Without Affecting Job Attachment, Hilary Wething, Meredith Slopen

Upjohn Institute Policy and Research Briefs

No abstract provided.

A Pearl Ravaged: The Paradox Of Haiti And Its Socioeconomic Origins, Isabel Ishibe Exel

Dissertations, Theses, and Capstone Projects

Saint-Domingue was once the most profitable colony of the Caribbean, the so-called pearl of the Antilles. Nowadays, Haiti is known for being the poorest country in the Western Hemisphere, a dramatic shift that raises the question of the factors contributing to Haiti's current state, marked by persistent violence, natural disasters, and political instability. Various discourses have framed Haiti as a country doomed for failure. However, relying on binary concepts such as success and failure is counterproductive to a refined analysis. How, then, should we structure this conversation? My ultimate goal for this work is to provide a nuanced analysis of …

Turf War: Interstate Banking And Industry Consolidation, 1965–1998, Erin Cully

Dissertations, Theses, and Capstone Projects

This dissertation examines the advent of interstate banking in America during the second half of the twentieth century. To become the giants they are today, US financial institutions had to overcome, in fits and starts, the political limits on their geographical expansion across municipal, county, state, and national borders—and not always in that order. Faced with new competitors and harsh economic conditions, some bankers set their sights on expanding their markets to stay afloat. Many policymakers and regulators were responsive to this demand, hopeful that it could serve as a catalyst for economic growth. Challenging restrictions on interstate banking meant …

Politics And Institutional Change: The Water Commission Act Of 1913, Mark T. Kanazawa

Department of Economics Working Paper Series

Economists have long argued that increasing resource scarcity can lead to more clearly defined individual property rights, but the precise mechanism whereby this occurs remains unclear to this day. This paper documents the role of politics in shaping the creation of individual property rights within the context of appropriative water law in early 20^th century California, finding evidence of interest group influence in establishing a new system for administering appropriative water rights. It also presents evidence on subsequent irrigation development that is consistent with the influence of irrigating farmers on creation of the new system

Borderplex Business Barometer, Volume 8, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Labor Market Effects Of Paid Sick Leave: The Case Of Seattle, Hilary Wething, Meredith Slopen

Upjohn Institute Working Papers

We investigate the impact of Seattle’s Paid Sick and Safety Time (PSST) policy on workers’ quarterly hours worked and separation hazard. Using Unemployment Insurance records from before and after the implementation of PSST, we examine individual-level employment behavior at the extensive and intensive margins and compare Seattle workers to workers in Washington state using a difference-in-differences strategy. Importantly, we consider how impacts vary by employment characteristics, including worker wage rate and tenure, and by firm characteristics, including industry and firm size. We find that PSST increased workers’ quarterly hours by 4.42 hours per quarter, or around 18 hours per year. …

Enhancing Sell-Type Home Reversion Products For Retirement Financing, Koon Shing Kwong, Jing Rong Goh, Ting Lin Collin Chua

Research Collection School Of Economics

Loan-type reverse mortgage plans and sell-type home reversion plans for retirement financing are two well-known equity release plans that entitle homeowners not only to release cash from their properties but also to allow them to age in place. Recently, a new hybrid equity release plan was proposed to incorporate the home reversion plan’s features with an option of staying in the property for a fixed period without being subject to survival. This additional option provides flexibility to homeowners to better meet their retirement financial and personal needs by reducing the financial uncertainty of home reversion products. In this article, we …

What Does One Billion Dollars Look Like?: Visualizing Extreme Wealth, William Mahoney Luckman

Dissertations, Theses, and Capstone Projects

The word “billion” is a mathematical abstraction related to “big,” but it is difficult to understand the vast difference in value between one million and one billion; even harder to understand the vast difference in purchasing power between one billion dollars, and the average U.S. yearly income. Perhaps most difficult to conceive of is what that purchasing power and huge mass of capital translates to in terms of power. This project blends design, text, facts, and figures into an interactive narrative website that helps the user better understand their position in relation to extreme wealth: https://whatdoesonebilliondollarslooklike.website/

The site incorporates …

Richard Iii, The Tudor Myth, And The Transition From Feudalism To Capitalism, Thomas E. Lambert

Faculty and Staff Scholarship

Over the last 10 years or so there has been a resurgence of interest in the English king Richard III, especially after his remains are found in 2012 after being lost or missing for centuries. Prior to this, there are many publications, reports, and documentaries alluding to a “smear” campaign being conducted against the king by either the Tudor monarchs who succeeded him and/or by their confederates and surrogates. It is alleged that this is done in order to promote and make the Tudor dynasty of the 16^th Century (Henry VII, Henry VIII, Mary I, and Elizabeth I) appear …

Representation And Bracketing In Repeated Games, Mouli Modak

ESI Working Papers

In this experimental paper, the author investigates the framing effect of different representations of multiple strategic settings or games on a player’s strategic behavior. Two representations of the same environment are employed, wherein a player engages in two infinitely repeated prisoner’s dilemma games. In the first representation (termed Split), the stage games are shown separately. In contrast, the second representation (termed Linked) displays a combined stage game. The choice bracketing, distinguishing between Narrow and Broad bracketing, is considered a potential cause behind any disparity in behavior between the two representations. The Split representation does not necessitate broad bracketing, whereas the …

Cross-Border Technology Investments In Recession, Juliana Yu Sun, Huanhuan Zheng

Research Collection School Of Economics

Utilizing industry-level foreign direct investment (FDI) from 72 source markets to 122 destination markets between 2003 to 2018, we evaluate how cross-border technology investments respond to economic recessions. We find that FDI embedded with intensive research and development (R&D) drops when the destination market is in a recession and the source market is in a normal state and recovers to the pre-recession levels when both destination and source markets are in recession. However, there is little evidence that recessions affect cross-border investments in other aspects of technology measured by the penetration of robots, intellectual property products and information and communications …

The Long And Short-Run Spatial Impacts Of Trade, Lin Ma, Yunlong Song, Yang Tang

Research Collection School Of Economics

We explore how the spatial impacts of trade evolve over time using a dynamic spatial model that incorporates capital accumulation and skill acquisition. We show that in the short run, the spatial impacts of trade mainly depend on the initial conditions, especially the endowments of physical and human capital across locations. However, in the long run, trade shocks shape the distribution of production factors across space through factor accumulation and migration, resulting in significantly different spatial impacts. In the context of China’s WTO accession, we find that international trade is seven times more effective in driving the population towards coastal …

Legal Risk And Insider Trading, Marcin Kacperczyk, Emiliano Sebastian Pagnotta

Research Collection Lee Kong Chian School Of Business

Do illegal insiders internalize legal risk? We address this question with hand-collected data from 530 SEC (the U.S. Securities and Exchange Commission) investigations. Using two plausibly exogenous shocks to expected penalties, we show that insiders trade less aggressively and earlier and concentrate on tips of greater value when facing a higher risk. The results match the predictions of a model where an insider internalizes the impact of trades on prices and the likelihood of prosecution and anticipates penalties in proportion to trade profits. Our findings lend support to the effectiveness of U.S. regulations' deterrence and the long-standing hypothesis that insider …

Stability And Crisis Response: Comparing The U.S. And Canadian Banking Systems, Sarah E. Boslaugh

Undergraduate Research Symposium

In 2007-08, the United States experienced a banking crisis, as 5 of the 6 other G-7 countries. The exception? Canada, which experienced only a mild recession, with no bank failures or government bank bailouts. Further research reveals that while banking crises have been commonplace in the United States (8 occurred in the 19th century alone), they are essentially nonexistent in Canadian history. I find that the primary reasons for these differences in national experience lie not in the strictness of government regulation or the qualifications demanded of borrowers in the two countries, but in the differing structures of the banking …