Social and Behavioral Sciences Commons^™

How Do Young Workers Prepare For Retirement?, Jenna Greco

Honors Projects in Economics

The Millennial Generation is defined as those ages 15-30 in 2009 and is comprised of 80 million individuals (Elswick, 2004). This study explores how a segment of this generation, young workers between the ages of 18-30, is currently saving for retirement given the unprecedented economic challenges they face. These challenges include rising everyday expenses, record amounts of student loan and credit card debt, as well as how they will prepare for retirement given the uncertainty surrounding Social Security. The purpose of this study is to evaluate young workers current financial situation, retirement plans, and retirement expectations. Using data collected from …

Japanese Players In Major League Baseball: An Econometric Analysis Of Labor Discrimination, Kyle Audet

Honors Projects in Economics

In recent years, Major League Baseball (MLB) teams have increasingly drawn talent from the international market. This study employs econometric techniques to test the various labor discrimination issues facing Japanese players playing in America’s MLB. There have been remarkably few studies focusing on Japanese players in MLB. Data from the 1995 to 2007 season has been analyzed. High degrees of discriminatory pay scales are found for Japanese pitchers. The findings suggest that Japanese batters do not face such pay discrimination. Positional discrimination has also been the subject of investigation. Japanese players are found to be disproportionally pitchers. Suggestions for future …

The Effect Of Obesity On State Health Care Expenditures: An Empirical Analysis, Kristen Collins

Honors Projects in Economics

The purpose of this study is to examine the effects of obesity rates on per capita state health care expenditures. A two-stage least square regression model is used. In the first stage of the estimation, factors influencing obesity rates are determined. The determinants of obesity rates are outlined throughout the research process. In the second stage, the impact of obesity rates on per capita health expenditures across states is evaluated. The empirical results indicate that obesity rates do indeed have a direct effect on state health care expenditures. After reviewing the project’s results, various solutions are proposed as possible methods …

A Cost-Benefit Analysis Of The Transition From Gaap To Ifrs In The United States, Kenneth Smith

Honors Projects in Economics

This research intends to determine the costs and benefits of the transition from Generally Accepted Accounting Principles (GAAP) to International Financial Reporting Standards (IFRS) in the United States. This study targets the costs and benefits of the transition in three areas of accounting: Academia, Corporate and Public. The transition could potentially have large implications on investment in the US and around the world, and therefore, this study aims to see if it is beneficial for the US to adopt IFRS. To ascertain the costs and benefits of the transition, this research used an online survey to obtain knowledge and opinions …

Macroeconomic Determinants Of Worker Remittances To Latin American And The Caribbean Countries, Sathiavanee Veeramoothoo

Honors Projects in Economics

A regression analysis was performed to identify which macroeconomic factors influence the magnitude to worker remittances to over thirty Latin American and Caribbean countries. Age dependency ratio, land area, net migration, labor force, population and unemployment were found to be significant predictors of remittances. A time series exponential model was developed to forecast the level of remittances for the next ten years. The results suggest that remittances to Latin American and Caribbean countries will reach USD 190,810 million in 2018.

Based on the above findings, this paper will help scholars understand better what drives worker remittances in Latin American and …