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Full-Text Articles in Social and Behavioral Sciences

Impact Of Corruption On Economic Growth In Central America: A Panel Data Analysis, Ben Bresnee Apr 2022

Impact Of Corruption On Economic Growth In Central America: A Panel Data Analysis, Ben Bresnee

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the possible impact of corruption on economic growth in Central America. This study incorporates information into a model to examine the influence of different factors such as population growth, aid, human capital, gross domestic investment, Corruption, and consumption. This study finds that there is a negative effect of corruption on economic growth in Central America.

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Determinants Of Real Median Household Income In The United States Using Time-Series And Panel Data Analysis, Evan Clark Apr 2022

Determinants Of Real Median Household Income In The United States Using Time-Series And Panel Data Analysis, Evan Clark

Empirical Economic Bulletin, An Undergraduate Journal

This paper’s main objective was to explore the determinants of income inequality using real median household income in the United States. This paper utilizes time series analysis to examine the Gini coefficient, trends in the top 1%’s share of wealth, and the relationship between real median income and varying demographics. The Gini coefficient is a summary measure of income inequality in a country. Income inequality is how unevenly income is distributed throughout a population. The results show that there is a negative correlation between the top 1%’s share of total wealth and the United States Gini rating, and that inequality …

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Understanding Campus Environmental Sustainability: A Thematic Analysis Of Interviews With Facilities Management Staff And Administrators At The University Of Denver, Alejandro Cerón, Dinko Hanaan Dinko, Izzy Beltran, Madeline Bonner, Mia Glover, Linh Nguyen, Madeline Ohaus, Maren Parchen, Quisi Rodriguez-Oregel, Delanee Taylor, Dani Thompson, Kansas Wood Apr 2022

Understanding Campus Environmental Sustainability: A Thematic Analysis Of Interviews With Facilities Management Staff And Administrators At The University Of Denver, Alejandro Cerón, Dinko Hanaan Dinko, Izzy Beltran, Madeline Bonner, Mia Glover, Linh Nguyen, Madeline Ohaus, Maren Parchen, Quisi Rodriguez-Oregel, Delanee Taylor, Dani Thompson, Kansas Wood

Anthropology: Undergraduate Student Scholarship

This project sought to understand what influences sustainability choices on the University of Denver campus. Universities and colleges play a pivotal and influential role in shaping sustainable future discourse in society. As centers for innovation and research, universities continue to generate new knowledge and skills necessary to create awareness of the negative impact of human activities on the environment and pathways to mitigate these impacts. Over the past decades, there has been a growing transformation of universities from places of knowledge creation to places where created knowledge is implemented. Thus, in the field of environmental change, there is a growing …

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The Future Of Family-Operated Resort-Destinations, Colton L. Casselman Apr 2022

The Future Of Family-Operated Resort-Destinations, Colton L. Casselman

Political Science Theses and Capstones

The tourism industry, one of the largest in the world, is arguably one of the most volatile industries we look at. Through the varying sub-sectors of tourism, we narrow in on the family resort industry, predominately in the upper Midwest. You may hear me refer to them as Family-Operated-Resort-Destinations, but they serve unique clientele in a unique way. This industry faces immense pressure from mild tax code changes, politicians, DNR regulations, fishing quality, climate change, gas prices, foreign affairs and more. During this paper, I will examine the future of Family-Operated-Resort-Destinations.

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Green Growth Or Degrowth? The Economics Of Climate Change, Cadence Tomlinson Apr 2022

Green Growth Or Degrowth? The Economics Of Climate Change, Cadence Tomlinson

Senior Theses

The paradigm dominating how American policymakers currently approach the climate crisis issue is green growth, positing that the global economy can maintain desirable levels of persistent economic growth while also effectively reducing carbon emissions and slowing the process of global warming, all by means of market-spurred technological innovation and green production processes. Some environmental thinkers dispute the sustainability potential of green growth, urging green growth economists and policymakers to think beyond the ostensibly “limiting” economic growth paradigm. Among this dissent, a new paradigm has emerged, one de-centering goals of economic growth and instead advocating for a reduction in economic throughput, …

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The Impact Of Cultural Perceptions Of Well-Being And Resulting Sustainable Local Development Initiatives, Atifah Jatoi Apr 2022

The Impact Of Cultural Perceptions Of Well-Being And Resulting Sustainable Local Development Initiatives, Atifah Jatoi

Senior Theses

Views on and approaches to sustainable economic development can differ vastly depending on country and location. Historically, in the United States, sustainable development is primarily based on the four pillars of sustainability: social, human, environmental, and economic. On the other hand, in communities in relatively collectivist societies, sustainable development policies and organizations are influenced by collective interest, cooperation, and the well-being of the community. Local development initiatives centered around promoting the well-being of the community are a way to have a more equitable approach to sustainable development and are necessary to address ecological, economic, and social challenges. I will discuss …

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Aid For Ed: An Analysis Of Rwanda’S 12-Year Basic Education System And Its Relationship With Government-Channeled Aid, Gabriel K. Anzeze Apr 2022

Aid For Ed: An Analysis Of Rwanda’S 12-Year Basic Education System And Its Relationship With Government-Channeled Aid, Gabriel K. Anzeze

Independent Study Project (ISP) Collection

The field of foreign aid has been widely explored, particularly as relates to economic development of developing states. This paper however delves into the specific utilization of foreign aid within the education sector in Rwanda and the effects it bears not just on the recipient state in general, but also on its financial practices with regard to aid. By exploring trends in financial expenditure by aid agencies and government, it appears that foreign aid does not necessarily influence government budget allocations and this absence of ‘crowding-out’ gives Rwanda an upper hand in managing foreign aid. Education also appears to be …

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Belief Convergence Under Misspecified Learning: A Martingale Approach, Mira Frick, Ryota Iijima, Yuhta Ishii Apr 2022

Belief Convergence Under Misspecified Learning: A Martingale Approach, Mira Frick, Ryota Iijima, Yuhta Ishii

Cowles Foundation Discussion Papers

We present an approach to analyze learning outcomes in a broad class of misspecified environments, spanning both single-agent and social learning. We introduce a novel “prediction accuracy” order over subjective models, and observe that this makes it possible to partially restore standard martingale convergence arguments that apply under correctly specified learning. Based on this, we derive general conditions to determine when beliefs in a given environment converge to some long-run belief either locally or globally (i.e., from some or all initial beliefs). We show that these conditions can be applied, first, to unify and generalize various convergence results in previously …

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Three Essays In Applied Microeconomics, Ding Liu Apr 2022

Three Essays In Applied Microeconomics, Ding Liu

Economics Theses and Dissertations

This dissertation is consist of three empirical studies in microeconomics. The first part explores how monopsony power affects the impact of robot adoption on US labor markets. Theoretically, I show that robots have stronger effects (either positive or negative) on employment and wages in a perfectly competitive labor market than a perfectly monopsonistic labor market. Moreover, the sign of the effects depends on whether robots and labor are substitutes or complements. The empirical results are consistent with the theory. The employment and wage effects diminish as labor market monopsony power grows and they become statistically insignificant in near-monopsonistic labor markets. …

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Non-Profits And Living Wages, Jack Buckley Apr 2022

Non-Profits And Living Wages, Jack Buckley

School of Professional and Continuing Studies Nonprofit Studies Capstone Projects

Non-Profit organizations must find ways to divide their budgets between staff wages and program services, as well as paying their staff a living wage. Unlike for-profits who can increase prices for consumers when they need to increase staff wages, non-profits do not have this luxury. The goal of this project was to collect data on how non-profits manage their budgets and if they provide staff with living wages. A survey was sent out with a total of eight responses, giving a breakdown of various non-profit’s budgets and if they pay a living wage. Overall, seven out of eight non-profits pay …

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Labor Trends In Nuclear Energy And Developmental Obstacles In Nuclear Energy, Ryan D. Greensfelder Apr 2022

Labor Trends In Nuclear Energy And Developmental Obstacles In Nuclear Energy, Ryan D. Greensfelder

Honors Theses

The idiosyncrasies that exist in the United States independent system operator’s structure poses many unique challenges to wholesale energy markets. The array of energy production solutions is one of these challenges to understanding energy markets. Numerous tools have been used to measure the quantitative complexity of energy markets. Few tools and indices exist to track macroeconomic fluctuations in US employment and wage for United States relative to the cost of energy delivery. In modelling the derived labor demand for energy employment, we should be better able to explain markets and allow for predictions in fluctuations in the labor market. This …

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Job Diversity And Its Impact On Intergenerational Mobility At The County Level, Derek Olson Apr 2022

Job Diversity And Its Impact On Intergenerational Mobility At The County Level, Derek Olson

Honors Theses

This thesis focuses on whether or not the diversity in industries within a county has an impact on the income mobility of children within that county. Data come from the Bureau of Labor Statistics to construct variables measuring job diversity and the degree of industry specialization of a county. Building on Chetty (2017a, 2017b), I find that for children with parents at the 25th percentile of the national income distribution, a one standard deviation increase in a county being less diverse in the presence of industries increases a child’s expected rank in the national income distribution by 2.19% while a …

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Promoting Sustainable Responses To The Us Opioid Epidemic With Community-Academic Partnerships: Qualitative Outcomes From A Statewide Program, David L. Driscoll, Alison Evans Cuellar, Vinod Agarwal, Debra Jones, Kathy Hosig, Mary Beth Dunkenberger Apr 2022

Promoting Sustainable Responses To The Us Opioid Epidemic With Community-Academic Partnerships: Qualitative Outcomes From A Statewide Program, David L. Driscoll, Alison Evans Cuellar, Vinod Agarwal, Debra Jones, Kathy Hosig, Mary Beth Dunkenberger

Economics Faculty Publications

Background: Drug overdose deaths in the United States have continued to increase at an alarming rate. The United States is facing two devastating public health crises– the opioid epidemic and the COVID-19 pandemic. Within this context, one of the most ambitious implementation studies in addiction research is moving forward. Launched in May 2019, the HEALing Communities Study (HCS) was developed by the National Institutes of Health (NIH) and the Substance Abuse and Mental Health Services Administration (SAMHSA) as part of the Helping to End Addiction Long-termSM Initiative (National Institutes of Health, 2020). The goal for this research was to reduce …

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Payday Lending: Reforming This Predatory Practice In Minnesota, Courtney Colton, Karmy Luker, Addy Haarstad-Mead, Sarah Turpen Apr 2022

Payday Lending: Reforming This Predatory Practice In Minnesota, Courtney Colton, Karmy Luker, Addy Haarstad-Mead, Sarah Turpen

Master of Social Work Student Policy Advocacy Briefs

Payday lending is a service that was intended to provide emergency financial relief to those who cannot afford an unexpected expense. However, 7 out of 10 borrowers use loans to cover monthly living expenses such as rent, utilities, and maintaining food security. With steep annual percentage rates averaging 391% and subsequent repeat borrowing, communities targeted by predatory lending companies fall deeper into the cycle of debt. Minnesota must reform their policies surrounding payday lending implementing legislative changes to protect Minnesotans who rely on payday loans and invest in long-term solutions that eliminate the need for a payday loan.

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A Panel Data Analysis Of Institutional Quality, Fdi, And Public Debts’ Impact On Economic Growth For Asean, Joshua Kearney Apr 2022

A Panel Data Analysis Of Institutional Quality, Fdi, And Public Debts’ Impact On Economic Growth For Asean, Joshua Kearney

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the effects on economic growth driven by institutional quality, foreign direct investment, and public debt while doing a breakdown and comparison between the first and last five nations to join ASEAN as well as a collective analysis of the complete 10 ASEAN. The model used in this paper focuses primarily on the country’s gross domestic product and the domestic growth seen within ASEAN that utilized public debt to fund governmental agendas.

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Granger Causality Of The Relationship Between Tourist Flows And Household Expenditure In Jamaica, Ben Williams Apr 2022

Granger Causality Of The Relationship Between Tourist Flows And Household Expenditure In Jamaica, Ben Williams

Empirical Economic Bulletin, An Undergraduate Journal

Keynesians propose that increases in tourist arrivals are associated with an expansion in private spending through the multiplier effect. To test this hypothesis, this study augments a simple consumption function with tourist arrivals and employs the dynamic OLS method to compute the short and long run relationships of the variables. Time series data from 1980-2019 is used to test if tourist arrivals Granger cause household expenditure. The results show that there is no relationship between tourist arrivals and household expenditure in Jamaica and tourist arrivals do not Granger cause household expenditure.

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Recessionary Effects On Transfer Fees In European Professional Football, Pierce Snyder Apr 2022

Recessionary Effects On Transfer Fees In European Professional Football, Pierce Snyder

Honors Theses

Association football, most commonly referred to internationally as football, is the world’s most popular sport with billions of fans. Professional football leagues operate in countries all over the globe. While other continents have prominent and successful teams, Europe is the sport’s summit for the club level of competition. Europe boasts the best five leagues in the world, commonly referred to as “the big five”: the Bundesliga (Germany), La Liga (Spain), Ligue 1 (France), Premier League (England), and Serie A (Italy). In the 2016-2017 season, these five leagues accounted for 12.6 billion pounds—57.5 percent—of European football’s revenues of about 21.9 billion …

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Mexico Consensus Economic Forecast, Volume 25, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton Apr 2022

Mexico Consensus Economic Forecast, Volume 25, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

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Essays On Socioeconomic Shocks And Policies In Agriculture, Wilman Iglesias Apr 2022

Essays On Socioeconomic Shocks And Policies In Agriculture, Wilman Iglesias

Department of Agricultural Economics: Dissertations, Theses, and Student Research

The three chapters of this doctoral dissertation estimate the responses of agricultural productivity, production value of agriculture, and crop supply to some external shocks and policies. Using unique panel datasets for Colombia and the United States, this research provides new insights regarding the responsiveness of agriculture to some socioeconomic effects and related market policies. Chapter 1 studies the impact of armed conflicts in rural areas on legal agricultural productivity in Colombia by using a production function that includes violence shocks such as the forced intra-national displacement of the rural population from 1995 to 2017. Chapter 2 investigates the effect of …

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Economic Costs Of Judicial (In)Actions : Part Ii, Ishrat Husain Dr. Apr 2022

Economic Costs Of Judicial (In)Actions : Part Ii, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

Huge amounts of money has also been invested by aspiring middle class families in purchasing plots of land, booking apartments and renting dwellings. Due to the absence of a weak and fragmented regulatory framework and prevailing corrupt practices in land allocation, utilization, conversion and registration, a large number of irregular and illegal housing cooperative societies have sprung up throughout the country taking over fertile agriculture land and also sucking in billions of savings of middle class aspirants for getting decent housing. Many of these societies have left incomplete structures and buildings not fit for occupation while legal proceedings are held …

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Central Bank Swap Arrangements In The Covid-19 Crisis, Joshua Aizenman, Hiro Ito, Gurnain Kaur Pasricha Apr 2022

Central Bank Swap Arrangements In The Covid-19 Crisis, Joshua Aizenman, Hiro Ito, Gurnain Kaur Pasricha

Economics Faculty Publications and Presentations

Facing acute strains in the offshore dollar funding markets during the COVID-19 crisis, the Federal Reserve (Fed) provided US dollar liquidity to the global economy by reactivating or enhancing swap arrangements with other central banks and establishing a new repo facility for financial institutions and monetary authorities (FIMA). This paper assesses motivations for the Fed liquidity lines, and the effects and spillovers of US dollar auctions by central banks using these lines. We find that the access to the Fed liquidity arrangements was driven by the recipient economies’ close financial and trade ties with the US. Access to dollar liquidity …

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International Financial Assistance And Inequality In Emerging Markets: Colombia, Egypt And Turkey, Sara Farag Apr 2022

International Financial Assistance And Inequality In Emerging Markets: Colombia, Egypt And Turkey, Sara Farag

Theses and Dissertations

This research study investigates the effects of the three main pillars of structural adjustment policies imbedded in IFI funding facilities on income inequality in three specific cases; Colombia, Egypt and Turkey to uncover if income inequality present in those emerging markets is attributed to; the policy reforms conditionality or to pre-existent country features. The three main pillars of policy conditions discussed in this thesis are 1. Government Expenditure Reforms, 2. External Sector Reforms, and 3. Financial Sector Reforms. My hypothesis is that, although pre-existent country features may have had an impact on the levels of inequality a populace faces, the …

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Who Withdraws First? Line Formation During Bank Runs, Hubert János Kiss, Ismael Rodriguez-Lara, Alfonso Rosa-Garcia Apr 2022

Who Withdraws First? Line Formation During Bank Runs, Hubert János Kiss, Ismael Rodriguez-Lara, Alfonso Rosa-Garcia

ESI Working Papers

We study how lines form in front of banks. In our model, depositors choose first the level of effort to arrive early at the bank and then whether or not to withdraw their deposit. We argue that the informational environment (i.e., the possibility of observing the action of others) affects the emergence of bank runs and should, therefore, influence the line formation. We test this prediction experimentally. While the informational environment has no effect on the line formation when we look at the average level of effort, our findings suggest that the reasons to arrive early at the bank varies …

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Borderplex Business Barometer, Volume 6, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton Apr 2022

Borderplex Business Barometer, Volume 6, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

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Las Cruces Housing Price Dynamics: 1971-2019, Steven L. Fullerton, Thomas M. Fullerton Jr. Apr 2022

Las Cruces Housing Price Dynamics: 1971-2019, Steven L. Fullerton, Thomas M. Fullerton Jr.

Border Region Modeling Project

To examine housing price dynamics for Las Cruces, New Mexico, a theoretical model is developed that takes into account the supply and demand sides. The ARDL estimation methodology employed allows for more realistic market dynamics than prior studies of this residential real estate market, the second largest in New Mexico. A slightly larger sample size is also utilized. Results obtained corroborate evidence reported in several previous housing studies. Some unexpected outcomes also indicate that consistently reliable interlinkages between housing prices and explanatory variables may be elusive. Among the latter, an inverse relationship between apartment rents and single-family housing prices is …

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Short-Term Household Economic Stress Effects On Retail Sales In El Paso: 2002-2019, Thomas M. Fullerton Jr., Patricia Arellano-Olague Apr 2022

Short-Term Household Economic Stress Effects On Retail Sales In El Paso: 2002-2019, Thomas M. Fullerton Jr., Patricia Arellano-Olague

Border Region Modeling Project

Economic stress indices are beginning to be developed as gauges of business cycle conditions for regional economies. Although the popularity of these metrics is increasing, there have been only a small number of studies that analyze the effectiveness of these tools for monitoring regional economic developments. This effort employs data for one such index that is maintained by The University of Texas at El Paso Border Region Modeling Project. The sample period covers December 2002 through March 2019. Specific components of the index include inflation, unemployment, and housing prices. Estimation results indicate that the effects of any changes in economic …

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Essays On Information Diffusion And Stock Market Efficiency & Analyst Style, Zuben Jin Apr 2022

Essays On Information Diffusion And Stock Market Efficiency & Analyst Style, Zuben Jin

Dissertations and Theses Collection (Open Access)

The dissertation consists of three chapters on information diffusion and stock market efficiency and analyst style. The first chapter examines the asset pricing implications of investors’ inattention to non-obvious firm relatedness hidden in earnings calls. This chapter documents that the overlap in attention allocation over various business aspects serves as a time-sensitive proxy for firm relatedness. By employing the unsupervised topic modelling methodology, I characterize the attention allocation of earnings conference call participants (executives, investors and analysts) over topics discussed. I construct a novel cross-firm topic similarity measure that captures difficultto-observe and time-varying firm relatedness compared with existing peer-firm classification …

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Information Acquisition And Market Friction, Bo Sang Apr 2022

Information Acquisition And Market Friction, Bo Sang

Dissertations and Theses Collection (Open Access)

My dissertation consists of three papers related to information diversity, acquisition, and asymmetry. One part of the dissertation explores the implications of interactions among different market participants and subsequent price efficiency in the stock market. The empirical findings indicate the information diversity between individuals and institutional investors, as well as an important channel for retail investors to obtain useful information – through insider filings. The remaining part investigates the information asymmetry between issuers and naive investors in the cryptocurrency market. In Chapter 2, I aggregate trading signals from hedge funds and retail investors, in order to examine their information diversity …

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Did The Clean Air Act Improve Environmental Justice Disparities?, Jared Jageler Apr 2022

Did The Clean Air Act Improve Environmental Justice Disparities?, Jared Jageler

Economics Honors Projects

This paper analyzes the differential impacts of the 1990 Clean Air Act Amendments (CAAA) on the racial pollution exposure gap, also known as the Environmental Justice (EJ) gap. Using recently developed, Census tract-level satellite data of PM2.5 pollution, I test whether CAAA non-attainment status and resulting State Implementation Plans decreased pollution in high-percentage Black and Hispanic areas more than in non-high percentage Black and Hispanic tracts. My results confirm that the CAAA reduced overall pollution concentrations in the U.S. and decreased the absolute level of the Environmental Justice gap. A heterogeneity analysis provides evidence that the results are primarily driven …

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Vocational Rehabilitation And Labor Market Outcomes: Evidence From World War I Veterans, Ethan Schmick Apr 2022

Vocational Rehabilitation And Labor Market Outcomes: Evidence From World War I Veterans, Ethan Schmick

Economics Faculty Research and Publications

This article uses a linked sample of World War I Army veterans from the state of Missouri to study the impact of vocational rehabilitation on labor market outcomes for men wounded and disabled during the war. Veterans’ military service abstracts are linked to the 1940 US Census and a subset are linked to rehabilitation records. This creates a new dataset that contains information on military service, rehabilitation, and labor market outcomes. I find that 70 percent of veterans that were both wounded in action and disabled when discharged from the army participated in the rehabilitation program. These same veterans had …

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