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Full-Text Articles in Social and Behavioral Sciences

Workforce Innovation And Opportunity Act Implementation: Ethical Considerations For Counseling Practice, Christine Anderson Aug 2016

Workforce Innovation And Opportunity Act Implementation: Ethical Considerations For Counseling Practice, Christine Anderson

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

The Vocational Rehabilitation program exists to assist individuals with disabilities to attain, secure and benefit from employment. The purpose of the Workforce Investment Act of 1998 (WIA), which included the Rehabilitation Act Amendments of 1998, is to empower individuals with disabilities to maximize employment. The Act was reauthorized as the Workforce Innovation and Opportunity Act of 2014. The Act includes significant changes to rehabilitation service delivery including a stronger emphasis on services to youth and outreach to minority populations. Despite the changes, the Act is vague and does not include methods for implementation. Although the specifics for implementation of WIOA …


Microstructure Noise: The Use Of Two Scales Realized Volatility For The Noisy High-Frequency Data And Its Implications For Market Efficiency And Financial Forecasting, Aristides Romero May 2016

Microstructure Noise: The Use Of Two Scales Realized Volatility For The Noisy High-Frequency Data And Its Implications For Market Efficiency And Financial Forecasting, Aristides Romero

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

As a basic principle in statistics, a larger sample size is preferred whenever possible. Nonetheless, in the financial world, especially equities and currencies trading, including all available data poses great challenges due to the noise present in the volatility estimation. In his paper I examine the Two Time Scales Realized Volatility estimator by Zhang, Mykland, and Ait-Sahalia (2005b) and I find that it not only provides a more efficient estimator than a basic estimator of the integrated volatility of returns, but it also consistently estimates the microstructure noise present in the latent efficient return process. I find that by using …


Continuing Conversations: The Image Of Richard Nixon In Political Cartoons, Megan Sanderson May 2016

Continuing Conversations: The Image Of Richard Nixon In Political Cartoons, Megan Sanderson

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

Historians have extensively researched and reported on the images presented by United States presidents. Political cartoons have been an effective means of depicting government figures’ behaviors, actions and deficiencies. The goal of this thesis is to examine images of President Richard Nixon as captured in political cartoons, with particular attention to the themes represented in works following the President’s key speeches. Nixon’s “Address to the Nation on the War in Vietnam” (1969), “Toasts of the President and Premier Chou En-lai of China at a Banquet Honoring the Premier in Peking” (1972), and the “Question-and-Answer Session at the Annual Convention of …


The Capm Is Not Dead, Muhammad Ahmed Saleem Baig May 2016

The Capm Is Not Dead, Muhammad Ahmed Saleem Baig

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

The Capital Asset Pricing Model (CAPM) is among the earliest and most widely used security valuation models. Since its inception, CAPM has been criticized more than it has been appreciated. Although, it has been criticized both empirically and theoretically, it is still one of the most extensively used methods for the calculation of equity betas and returns throughout the globe. Among the most significant implications of the model is that the expected stock returns are determined by their corresponding level of systematic risk and not the idiosyncratic risk. According to much of the recent literature it is referred to as …


Does The Market Matter For More Than Investment?, Yiwei Zhang May 2016

Does The Market Matter For More Than Investment?, Yiwei Zhang

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

Does the market matter for more than investment? by Jason Smith examines how themultiple effects of the market (through stock prices) can affect a corporation. The mainfindings are that low stock prices precede lower costs and lower investments. The maininnovation of this work is showing that the market can matter for more than a simpleinvestment. Low stock prices imply that the market may disagree with investment and leadthe manager to reduce costs. This result does not appear to be driven by financial constraints.


A Monte Carlo Study On The Persistence Of Variance With Garch, Aristides Romero Moreno May 2016

A Monte Carlo Study On The Persistence Of Variance With Garch, Aristides Romero Moreno

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

The GARCH model is widely used to forecast volatility for economic and financial Data. There are, however, several shortcomings of using the simple GARCH estimator alone for forecasting volatility. The major issue with the use of the default GARCH model is the persistence of variance that evolves through time and the simple GARCH model fails to address. This paper looks at the GARCH(1,1) model and consistent with Lamoureux and Lastrapes (1990), finds that it overstates the persistence of variance due to model misspecification, specifically the lack of structural shifts.


Cultural And Economic Factors That Influence Brazilian Public Opinion On Climate Change, Jenna Williams May 2016

Cultural And Economic Factors That Influence Brazilian Public Opinion On Climate Change, Jenna Williams

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

Climate change is a commons problem of global proportions. The effects of climate change threaten not only the natural world, but also the human systems that we have established (IPCC 2014, 4). The devastating effects of climate change will not be confined to those regions of the world that have contributed the most to this problem. Already, every continent and ocean has been touched by climate change (IPCC 2014, 4).


Price Volatility And Structural Breaks In U.S. Dairy Markets, Morgan James Baldwin May 2016

Price Volatility And Structural Breaks In U.S. Dairy Markets, Morgan James Baldwin

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

This paper examines whether price volatility has increased for the all-milk price and milk margin over the past 25 years. It focuses on the impact of export and attempts to establish the existence of structural changes in the market. Various models are applied to analyze the stated question and results discussed. This paper finds that there was a distinct structural break in the milk price and possibly in the milk margin. Trade has limited correlation to volatility in the milk margin and milk price.


Reanalyzing The Political Stability Of Britain's Democratization, Nathan R. Burton May 2016

Reanalyzing The Political Stability Of Britain's Democratization, Nathan R. Burton

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

A recent article in Journal of Economic History by Dasgupta and Ziblatt uses bond yields to analyze the political risk of the 19th century democratization legislation of Britain known as the Reform Acts. Dasgupta and Ziblatt find that the volatility of yields is relatively high during periods of legislation, and model the yields via GAM method, concluding that the political risk associated with the Reform Acts was high. I reproduce the study and comparing those times of 'high' volatility to all periods and find nothing to compare high-volatility periods to, suggesting that it is inconclusive whether the Reform Acts were …