Social and Behavioral Sciences Commons^™

The Impact Of U.S. News And World Report College Rankings On Prospective Students’ Decisions And Enrollment Outcomes, Camilla Schneider

Honors Theses

The following paper further expands on previous research using more recent data which is important given changes in the last decade. This paper will answer the question: How do U.S. News and World Report college rankings impact college application and enrollment decisions for prospective students within American public and private colleges and universities? Application decisions refer to the choice to apply to a school while enrollment decisions refer to the choice to attend a school after being accepted. This paper analyzes Integrated Postsecondary Education Data System (IPEDs) admissions/applicant, fall enrollment, and financial data alongside historical USNWR rankings lists to investigate …

Does Innovation Facilitate Meeting The Co2 Emission Reduction Targets Of China: A Non-Linear Approach, Yifan Wang, Nadia Doytch, Mohammed Elheddad, Wei Li, Mengna Chi

Ateneo School of Government Publications

China has been implementing energy efficiency and CO2 emission reduction schemes at the provincial level that have been embedded in the National Five Year Plans of the country. We set out to investigate the relationship between R&D expenditures and CO2 emissions in China at the province level in the context of the planned emissions reduction targets. We explore the possibility of the existence of a non-linear relationship between R&D expenditures and CO2 emissions with a non-parametric methodology, a fixed effect panel data quantile (FEQR) regression estimator applied to a panel of 30 provinces. We stratify the sample according to the …

Do The Securities Laws Actually Protect Investors (And How)? Lessons From Spacs, Patrick M. Corrigan

Journal Articles

From the Article

This Article identifies transactional innovation in public offering markets as a case study of how going-public transactions would work if issuers could choose to relax some of the investor protections provided under the securities laws. In recent years, private companies that wanted to go public had a meaningful choice between a traditional initial public offering and a merger with a special purpose acquisition corporation (SPAC). Most of the direct and indirect investor protections that ordinarily apply in the initial public offering context are relaxed in the SPAC context.

The Article argues that outcomes in SPAC markets, where …

Exchange Rate Pass-Through To Inflation For Bangladesh: An Empirical Analysis, Saila Sarmin Rapti

Graduate Student Theses, Dissertations, & Professional Papers

Assessing the impact of exchange rate pass-through (ERPT) on inflation is a crucial concern for policymakers in both developed and developing economies. The study evaluates both short- and long-term pass-through effects, shedding light on the relationships between the exchange rate movements and inflation rates in Bangladesh. In this regard, this paper applies an Auto Regressive Distributed Lag (ARDL) model and Engle and Granger cointegration test with Error Correction Modeling (ECM) to estimate ERPT in Bangladesh based on monthly data spanning 2010 to 2023 to provide a more robust and rigorous investigation of the long-run and short-run pass-through of exchange rates. …

The Impact Of Local Tax Burdens On In-Migration In The Intermountain West, 2011-2020, Katharine Johanna Johnson

Graduate Student Theses, Dissertations, & Professional Papers

This study examines the role that local tax revenues and spending played in migration to cities in the Intermountain West from 2011 to 2020. Decades of research on migration to the region have examined migration responses to natural amenities and socioeconomic characteristics of cities, counties, and states in the region. However, despite prior findings’ indications that local fiscal factors play as important of a part in migration decisions as local amenities do, little research has examined the role that local taxes and spending, in addition to natural amenities, have had on migration decisions in the Intermountain West. Almost 90 percent …

Hubris Or Talent? Estimating The Role Of Overconfidence In Chinese Households’ Investment Decisions, Jing Xu, Maroula Khraiche, Xi Mao, Xuan Wang

School of Economics and Finance Faculty Publications

We document the extent to which overconfidence in one’s financial literacy (FL overconfidence) plays a role in households’ reported financial risk aversion and their actual investment behavior, using data from the China Household Finance Survey. We measure FL overconfidence by estimating the gap between people’s self-reported financial literacy and their objectively measured financial knowledge. Our results indicate that FL overconfidence is negatively associated with self-reported financial risk aversion. Additionally, FL overconfidence is positively associated with the likelihood of having a brokerage account, holding risky financial instruments (other than just stock), and a proportion of assets allocated towards risky assets. We …

Late-Arriving Votes And Electoral Fraud: A Natural Experiment And Regression Discontinuity Evidence From Bolivia, Diego Escobari, Gary A. Hoover

School of Economics and Finance Faculty Publications

This paper uses a unique data set and a natural experiment to test if electoral fraud can exist in late-arriving votes. On the night of the 2019 Bolivian elections, the official vote counting system that was expected to publish the results real-time, suddenly stopped. When it resumed, the results had flipped. We estimate several difference-in-differences specifications using a 2016 referendum and the votes of other political parties. We find that the extent of the fraud is 2.51% of the valid votes, sufficient to change the outcome of the election. Our results are robust to polling-station-level shocks common across 2019 and …

Economic Growth Before And After The Fiscal Stimulus Of 2008–2009: The Role Of Institutional Quality And Government Size, André Varella Mollick, Andre Coelho Vianna

School of Economics and Finance Faculty Publications

Governments implemented fiscal stimulus packages to alleviate the global financial crisis of 2007–2009. Using annual data from 1996 to 2019, we investigate economic growth in a large sample of countries for pre-and post-Global Financial Crisis years. Our approach analyzes the interaction between institutional quality and government size (government expenditures as share of GDP), reinforced by threshold estimations. We document that economies react to government size depending on the quality of the institutions in question. First, fixed effects models indicate higher institutional quality has positive effects on growth, while government size—and its interactions with institutional quality—has negative effects. Second, the coefficients …

Entrepreneurship, Resource Rents And Institutions, André Varella Mollick, Lu Sui

School of Economics and Finance Faculty Publications

The resource curse hypothesis supposes that rents generated by resource booms create opportunities for rent-seeking activities, which weaken innovation and economic development due to the potentially adverse effects in competitive markets. The quality of institutions is an important channel to transform society from a rent-seeking economy to an entrepreneurial economy. We address in this paper these channels by examining necessity, opportunity, productive and innovative measures of entrepreneurship. Using annual data from 2002 to 2017, we estimate the relationship between entrepreneurship and natural resource rents for 60 countries. Allowing for measures of institutions (corruption, government policies, and cultural and social norms) …

Neoclassical Production, Scarcity Of Skills And Pareto Distributions, Armando R. Lopez-Velasco

School of Economics and Finance Faculty Publications

The distribution of top earnings follows a “power-law”: the top tail of the distribution is thick relative to other distributions and is approximately Pareto-distributed. There are different mechanisms proposed in the literature that yield Pareto distributions and power-laws. This paper shows that a simple general equilibrium model where aggregate production is assumed of the constant-elasticity-of-substitution (CES) type over multiple labor inputs generates distributions in earnings and wages that follow power-laws. The finding is very general as the distribution of the skill-types is irrelevant for the shape parameter (the Pareto exponent) of the power-law. The model displays a tight relationship between …

Endogenous Immigration Policy In A Stylized Political Economy, Armando R. Lopez-Velasco

School of Economics and Finance Faculty Publications

The following sections are included:

• Introduction

• A Political Economic Model of Immigration

  • The economic environment

  • Preferences of the old

  • Preferences of the young

  • Types of equilibria

• Applications and Extensions

  • Aging

  • The model under periodic fertility rates: Baby booms and baby busts

  • Immigration and dynamic efficiency

• Conclusions

• References

• Appendix

  • The indirect utility function of the young as a function of wt, Rt+1 and bt+1

  • Proof that b t + 1 R t + 1 is given by τ ( 1 − α ) α s t

  • Derivation of the young agent’s indirect utility function (Equation …

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The Role Of Place Of Birth And Residence In Puerto Rican Health Disparities: Evidence From Disability Prevalence Among Archipelago- Vs. Mainland-Born Puerto Ricans, Mara Getz Sheftel, Frank W. Heiland

Publications and Research

Objectives: This paper provides new estimates of disability prevalence for the archipelago and mainland-residing Puerto Rican populations ages 40 and above and compares disability by place of birth and place of residence to investigate drivers of middle and older age health.

Methods: Large nationally representative samples from 2013 to 2017 American Community Survey and Puerto Rico Community Survey data are used to estimate age-specific disability prevalence for archipelago-born/archipelago-residing, archipelago-born/mainland-residing, mainland-born/mainland-residing Puerto Ricans.

Results: Mainland-born/ mainland-residing Puerto Ricans have the lowest age-adjusted disability rates and archipelago-born/archipelago-residing Puerto Ricans have the highest rates. Differences in education explain part of this disparity.

Discussion: …

Highlights Of The Borderplex Economic Outlook To 2025, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Mexico Consensus Economic Forecast, Volume 27, Number 1, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Market Trends And Emerging Opportunities: Thailand And Japan In The Evolving Us Packaging Industry, Patsanut Dejavichitlert

Chulalongkorn University Theses and Dissertations (Chula ETD)

This paper examines the packaging industries of Thailand and Japan, with a focus on their competitiveness and potential for success within the evolving US market. The research explores the size, structure, and comparative advantages of each country's packaging sector. Analyses, including the Revealed Comparative Advantage (RCA), Trade Specialization Index (TSI), Porter's Five Forces, Porter's Diamond Model, and SWOT analysis provide a comprehensive assessment of the strengths, weaknesses, opportunities, and threats faced by Thai and Japanese packaging firms. The study reveals that both Thailand and Japan possess unique advantages, with Thailand's cost-competitiveness and Japan's focus on innovation and quality offering distinct …

Enhanced Prediction Of Stock Markets Using A Novel Deep Learning Model Plstm-Tal In Urbanized Smart Cities, Saima Latif, Nadeem Javaid, Faheem Aslam, Abdulaziz Aldegheishem, Nabil Alrajeh, Safdar Hussain Bouk

School of Cybersecurity Faculty Publications

Accurate predictions of stock markets are important for investors and other stakeholders of the equity markets to formulate profitable investment strategies. The improved accuracy of a prediction model even with a slight margin can translate into considerable monetary returns. However, the stock markets' prediction is regarded as an intricate research problem for the noise, complexity and volatility of the stocks' data. In recent years, the deep learning models have been successful in providing robust forecasts for sequential data. We propose a novel deep learning-based hybrid classification model by combining peephole LSTM with temporal attention layer (TAL) to accurately predict the …

In Pursuit Of Consumption-Based Forecasting, Charles Chase, Kenneth B. Kahn

Marketing Faculty Publications

[Introduction] Today's most mature, most sophisticated, best-in-class forecasting is what we call consumption-based forecasting (CBF). In contrast, the least sophisticated companies typically do not forecast at all, but rather set financial targets based on management expectations. Companies beginning to use statistical forecasting techniques usually take a supply-centric orientation, relying on time series techniques applied to shipment and/or order history. The next stage of progression is to incorporate promotions data, economic data, and market data alongside supply-centric data so that regression and other advanced analytics can be used. Companies pursing CBF utilize even more advanced capabilities to capture, examine, and understand …

Improving American Men's Quality Of Life By Economically Empowering American Women, Margot Rosenblatt

Scripps Senior Theses

In this paper, I explore the relationship between women’s economic empowerment and men’s quality of life in the United States. I created an index of women’s economic empowerment based on county-level data on labor force participation rates, rates of pay, teen birth rates, and families in which a woman is the primary income earner. I then created an index of men’s quality of life based on financial, physical, and mental health indicators. Adjusting for income, dominant industry type, age, population density, race variables, and environmental factors, I found a statistically significant positive correlation between women’s economic empowerment and men’s quality …

Assorted Notes/Event Notes, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Price-value deviations by Anwar Shaikh, PhD
• Marx by Anwar Shaikh, PhD
• Retirement conference interview Moudud 2024 by Anwar Shaikh, PhD
• Competition, conflict and crises: a celebration of the economics of Anwar Shaikh by The New School for Social Research
• Anwar Shaikh's lunch by Auntie Guan

Gateway To Business Analytics With Microsoft Excel, Humberto Barreto

School of Business and Leadership Working Papers

This is an open-access book for an introductory course in Business Analytics that heavily emphasizes Microsoft Excel. There are no prerequisites and the target audience is first- or second-year undergraduate students who have used a spreadsheet before, but have no specialized training in Excel, calculus, statistics, or programming. All files are freely available at https://tiny.cc/busanalyticsexcel

Essays On The Urgent Care Market, Thomas Wilk

Wayne State University Dissertations

This dissertation examines aspects of the urgent care market. We first explore the history and recent trends of urgent care, from its inception in the 1970 to its growing competition with primary care physicians and retail clinics in the 2010s. We examine aspects of how urgent care can impact a patient’s medical home and its use of pricing transparency that is sweeping the nation. We examine the growing need for patient convenience and flexibility in care with retail clinics encroaching the urgent care service space. We also cover the development of technology to better facility telehealth visits and to disrupt …

Inflation Expectations And Political Polarization: Evidence From The Cooperative Election Study, Ethan Struby, Christina Farhart

Department of Economics Working Paper Series

Using a unique, nationally representative survey from the 2022 midterm elections, we investigate the partisan divide in beliefs about inflation and monetary policy. We find that party identity is predictive of inflation forecasts even after conditioning on beliefs about both past inflation and the Federal Reserve’s long-run inflation target. Partisan forecast differences are driven by respondents who express low generalized trust in others and have a high degree of political knowledge; high-trust and low- knowledge partisans make similar forecasts all else equal. This finding is consistent with the literature in political psychology that examines the endorsement of conspiracy theories and …

Essays On Corporate Debt Structure, Kyuyoung Oh

Theses and Dissertations--Finance and Quantitative Methods

The dissertation consists of three chapters exploring three different facets of corporate debt structure choice. In the first chapter, “Risk Management and the Choice between Secured and Unsecured Debt: Evidence from Natural Experiment,” I study whether and how corporate hedging affects firms’ choice between secured and unsecured debt. Exploiting the introduction of steel futures as a natural experiment, I provide causal evidence that risk management enables firms to switch from secured to unsecured debt without sacrificing debt capacity. Cross-sectional evidence supports the interpretation that risk management drives the results. The effects are stronger for firms that are more likely to …

Dollars And Decibels: Quantifying The Impact Of Railroad Noise Pollution On Housing Prices In Cook County, Il, Clemens Walter Wilson

Undergraduate Theses, Professional Papers, and Capstone Artifacts

Noise pollution is a harmful issue that affects all who have the ability to hear, especially those who live close to major noise sources. Some of the most pervasive noise pollutants are major freight and passenger trains, which are a constant nuisance for many citizens across the United States and around the world. One of the greatest impacts that railroad noise pollution has is on residential housing prices, both the value and appreciation of property are often harmed. My analysis quantifies the effect that elevated noise levels associated with proximity to railroad lines have on residential housing prices in Cook …

The Effect Of Remittances On Housing Expenditure In Filipino Households, Joaquin Franco Rigonan, Angelo Salvo, Lawrence B. Dacuycuy, Tereso S. Tullao Jr, Winfred Villamil, Krista Yu

Angelo King Institute for Economic and Business Studies (AKI)

Overseas Filipino Workers (OFWs) have chosen to work abroad due to the abundance of better work opportunities and a higher salary earned. Migrant workers send remittances to their families from their country of origin to bring extra income for these households to spend on essential consumption. These remittances serve as additional income and protection for recipient households, easing their consumption and enabling them to spend their money on education, housing construction, and household electrical appliances. Numerous existing literature has stated that household-receiving remittances spend more money on investments that will help improve their standard of living; one of these investments …

The Relationship Of Esg Component Scores And Creditworthiness On Publicly Listed Firms In The Asean-5 Countries, Shayne Jefferson Alvarez, Charlene Ashley C. Cu, Lance L. Lamberte, Patrick Henry G. Yap, Paulynne J. Castillo, Roberto B. Raymundo, Joel Q. Tanchuco

Angelo King Institute for Economic and Business Studies (AKI)

ESG ratings are crucial for ASEAN-5 businesses' creditworthiness. While existing studies often concentrate on ESG's impact on financial performance or general pillars, a detailed exploration of the 10 specific ESG components in the ASEAN-5 is lacking. This study addresses this gap, examining how ESG ratings affect a company's creditworthiness (probability of default) in publicly traded companies across the ASEAN-5 countries while considering potential heterogeneity. Utilizing annual data from 2013-2022 for 10 ESG components and Eikon Refinitiv's probability of default via the Starmine Combined Credit Risk Model across ASEAN-5, the study employs a panel OLS regression model with White's Robust Standard …

The Estimation Of Production Functions With Monetary Values, Jesus Felipe, John Mccombie, Aashish Mehta

Angelo King Institute for Economic and Business Studies (AKI)

For decades, the literature on the estimation of production functions has focused on the elimination of endogeneity biases through different estimation procedures to obtain the correct factor elasticities and other relevant parameters. Theoretical discussions of the problem correctly assume that production functions are relationships among physical inputs and output. However, in practice, they are most often estimated using deflated monetary values for output (value added or gross output) and capital. This introduces two additional problems—an errors-invariables problem, and a tendency to recover the factor shares in value added instead of their elasticities. The latter problem derives from the fact that …

Eco 11, Karen David Prof.

Open Educational Resources

This the syllabus for the ECO 11 Microeconomics course taught by Prof. David. It is a ZTC course using an OpenStax OER textbook.

Cap-And-Trade And Air Quality: Which Communities Benefit The Most?, Nicole Bobbs

Williams Honors College, Honors Research Projects

Air Quality significantly impacts public health, particularly for individuals with respiratory issues. Cap-and-trade (CAT) programs aim to mitigate emissions, focusing on greenhouse gases to improve air quality. This paper evaluated the long-run effectiveness of CAT programs, comparing multi-sector and single-sector initiatives, and their impact on air quality across counties with varying economic statuses. Using a difference-in-difference approach, comprehensive data spanning recent years up to 2023 is analyzed. The dataset includes air quality measures, population, personal income, average temperature, precipitation, and vehicle registrations enabling a thorough examination of the programs’ effects. Results reveal a complex relationship. Both programs’ initiatives create a …

A Case Study Analysis Of The Financial Structure Of Boko Haram In Nigeria, John O. Opara

Department of Conflict Resolution Studies Theses and Dissertations

This study examined the various techniques used by Boko Haram (BH) to source funds for its violent activities in Nigeria. The study also examined the reasons why the group maintains support from the locals and others despite the violence the group has caused in Nigeria. A case study qualitative research technique was selected by using Key Informant Interviews (KII) and relevant document review to gather data to address the central questions of why Boko Haram has support, and why it maintains a strong financial structure. Findings of the study revealed that Boko Haram has several sources of funding and support …