Social and Behavioral Sciences Commons^™

Ua37/29 Gary Ransdell - Fed. Reserve Board - Bernanke Speech To Economic Club Of Washington, St. Louis Federal Reserve Board

WKU Archives Records

Email sent to members of the St. Louis Federal Reserve Board of speech given by Ben Bernanke at the Economic Club of Washington.

Ua37/29 Gary Ransdell - Fed. Reserve Board - Ben Bernanke Confirmation Hearing Q&A, St. Louis Federal Reserve Board

Faculty/Staff Personal Papers

Question and answers from Ben Bernanke's confirmation hearing as distributed to members of the St. Louis Federal Reserve Board.

November 2009, Syracuse Department Of Economics

Economics - All Scholarship

No abstract provided.

People Place And Opportunity: Mapping Communities Of Opportunity In Connecticut, Kirwan Institute

Papers and Publications

This initiative assesses access to neighborhoods of opportunity in state of Connecticut.

Connecticut Fair Housing Center (CHFC) partnered with Kirwan Institute to perform research that leads to better understanding of how to support and promote inclusive, diverse communities of choice. CHFC looked to our work in the area of opportunity mapping in order to identify how fair housing can become more of an intervention point for marginalized communities across the state. Access to good education, affordable housing, quality of health care, employment and open space was assessed to create maps showing spatial distribution of opportunity in the state. The maps …

State Of The U.S. Ocean And Coastal Economies 2009, Judith T. Kildow, Charles S. Colgan, Jason D. Scorse

Publications

This nation’s coasts and oceans contribute much to the United States economy. For the past ten years, the National Ocean Economics Program (NOEP) has compiled time-series data that track economic activities,demographics, natural resource production, non-market values, and federal expenditures in the U.S. coastal zone both on land and in the water. On the website www.oceaneconomics.org, the public—government officials,academics, industry, and advocacy groups—have had interactive access to this information and used it widely for many different purposes. This report features highlights from this collection to heighten appreciation for the value of the ocean and this nation’s coasts among an even …

Slides: Intermountain Oil And Gas Bmp Project, Kathryn Mutz

Best Practices for Community and Environmental Protection (October 14)

Presenter: Kathryn Mutz, Natural Resources Law Center

19 slides

Origins And Resolution Of Financial Crises: Lessons From The Current And Northern European Crises, Finn Ostrup, Lars Oxelheim, Clas Wihlborg

Business Faculty Articles and Research

Since July 2007, the world economy has experienced a severe financial crisis that originated in the U.S. housing market. Subsequently, the crisis has spread to financial sectors in European and Asian economies and led to a severe worldwide recession. The existing literature on financial crises rarely distinguishes between factors that create the original strain on the financial sector and factors that explain why these strains lead to system-wide contagion and a possible credit crunch. Most of the literature on financial crises refers to factors that cause an original disruption in the financial system. We argue that a financial crisis with …

The Economics Of Municipal Solid Waste Management, Thomas C. Kinnaman

Faculty Journal Articles

No abstract provided.

Hot Potato: Who Will End Up Paying For Open Access? [Slides], Sue Ann Gardner

UNL Libraries: Faculty Publications

PowerPoint slides of a talk given at the 35th IAMSLIC Annual Conference & 13th Biennial EURASLIC Conference, September 27-October 1, 2009, Provinciaal Hof, Brugge, Belgium.

Abstract of accompanying paper: Open access to scholarly content is increasing, and will continue to do so. This phenomenon is driving the economics of publishing to change dramatically. The question is: what will the economics of open access look like when this correction settles into a sustainable model? I will cover some of the ideas that have recently been articulated by economists, information professionals and others regarding retooling the evolving publishing business model, and will …

Grades 2-3 Urban Communities, Amanda Bub

Social Studies

This is a social studies lesson for second and third graders on Urban Communities. Through this lesson students will be able to identify and understand the characteristics of an urban community and the benefits and disadvantages of that community. Students will learn to apply these ideas to understand the influence of environment on a person’s life. The lesson is tiered using a shape contract where the student on each level will choose three different shapes to complete the task based on their level and interest.

Department Of Economics Publication List 2009, Penny Stover

Economics Pamphlet Series

This compilation lists published works authored by Department of Economics faculty members and other staff working on projects funded through the Department of Economics. Publications resulting from their research and academic activities are indexed by author for easy access by the public. The articles were published between January 1, 2008 and December 31, 2008.

Justice And Fairness In The Dictator Game, Karl Schurter, Bart J. Wilson

Economics Faculty Articles and Research

This article uses a laboratory experiment to examine the question of whether justice and fairness are different motivational forces in the dictator game. "Justice" and "fairness" are often used interchangeably because their meanings and usages are so closely linked, despite their distinct connotations. Using four different treatments, our experimental design investigates the subtle differences between the two social concepts to explicate generosity in the dictator game. The results indicate that justice, not fairness, legitimizes property rights in the dictator game.

Does Unemployment Decrease Cancer Mortality?, Benjamin Torres Galick

Economics Honors Projects

Recent research indicates that healthier lifestyles during recessions decrease the most common U.S. mortalities, but not cancer. However, they combine specific cancer mortalities with different progressions into one, possibly obscuring cancer’s link to unemployment. This paper estimates a fixed-effects regression model on unemployment and the nine most prevalent cancers between 1988 and 2002 using state-level panel data. Five cancers and total cancer are procyclical, and suggest that unemployment affects both incidence and gestation for some cancers. Consistent with the medical literature, this paper contradicts previous economic research and suggests that behavioral factors significantly impact cancer mortality.

Time To Die?, Josh Dunn

Senior Honors Projects

The issue of when life begins has inspired heated debate in this country for nearly half of a century. The importance of this issue cannot be overstated; it has played a pivotal role in elections of public officials and in confirmation hearings of federal judges and justices and has dominated legal, political, economic, religious and ethical discussions. While the issue is far from resolved, it will be joined by another contentious issue in the near future. With our society rapidly getting older, and with the rapidly rising cost of health care, including the extremely high cost of end-of-life care, Americans …

Trade Policy And The Geography Of Fashion, William Doscher

Senior Honors Projects

The textile and apparel (T&A) industries are global and constantly on the move. The mobility of these industries can be seen here in Rhode Island, with abandoned textile mills stretched across the state. In its search for the lowest-cost production, the T&A industries moved from northern to southern New England, and then relocated from New England to the Carolinas, and with record high unemployment currently hitting North and South Carolina, there is evidence that the industries are moving again. There is also reason to believe the relocation of the T&A industries will have an international dimension. As world power shifts …

The U.S. Economic Crisis: Another "Lost Decade"?, Paula Chungsathaporn

Honors College Theses

America is experiencing the worst economic downturn since the Great Depression originating with problems from mortgage backed securities and seeping into every major sector in the economy. We have witnessed the downfall or government takeover of some of the most powerful companies in the country, contributing to the highest unemployment rate America has seen in decades. During the 1990s, Japan experienced what is commonly referred to as “the lost decade,” a period of prolonged stagnant growth. Many similarities can be drawn between the current U.S. crisis and the Japanese crisis of the late 90s. The macroeconomic conditions that caused the …

Montana Nonresident Traveler Expenditure Profiles: 2008, Kara Grau

Institute for Tourism and Recreation Research Publications

This report examines spending profiles of nonresident travelers to Montana. It displays the average daily expenditures by purpose of trip for different spending categories during 2008.

Bailouts, Buy-Ins, And Ballyhoo, Robert C. Hockett

Cornell Law Faculty Publications

The bailout strategy now being pursued by Treasury under the recently authorized Troubled Asset Relief Plan, if “strategy” it can be called, remains obscure and erratic at best. All the while markets remain jittery and credit remains tight, as the underlying source of our present financial jitters—continued decline in the housing market and still mounting foreclosures—goes unaddressed. This piece proposes an interesting and novel approach to solving the financial problem. If it works out, it would eventually minimize the cost to the government.

Responding To The Economic Crisis, Jeffrey S. Guernsey

Business Administration Faculty Publications

Big-picture solutions to the economy have their place. But weathering the storm starts with personal financial management.

The Economics Of Deal Risk: Allocating Risk Through Mac Clauses In Business Combination Agreements, Robert T. Miller

Working Paper Series

In any large corporate acquisition, there is a delay between the time the parties enter into a merger agreement (the signing) and the time the merger is effected and the purchase price paid (the closing). During this period, the business of one of the parties may deteriorate. When this happens to a target company in a cash deal, or to either party in a stock-for-stock deal, the counterparty may no longer want to consummate the transaction. The primary contractual protection parties have in such situations is the merger agreement’s “material adverse change” (MAC) clause. Such clauses are heavily negotiated and …

Judicial Adherence To A Minimum Core Approach To Socio-Economic Rights – A Comparative Perspective, Joie Chowdhury

Cornell Law School Inter-University Graduate Student Conference Papers

Today’s world is witness to extraordinary inequality and the most desperate poverty. Millions of people across the world have no access to adequate food or water, basic health care or minimum levels of education. There are many avenues through which to approach the issue of improving socio-economic conditions. Courts, especially recently, have in certain countries, been seeking to ameliorate these conditions, to some extent, through the means of socio-economic rights adjudication.

For courts to effectively empower people to realize their socio-economic rights, attention to implementation of judgments is essential. A strong normative base for such judgments is just as crucial, …

Resource Use, Dependence And Vulnerability: Community-Resource Linkages On Alaska’S Tongass National Forest, Mekbeb E. Tessema, Robert J. Lilieholm, L. E. Kruger

Publications

Understanding how rural communities use and depend upon local natural resources is a critical factor in developing policies to sustain the long-term viability of human and natural systems. Such “community-resource” linkages are particularly important in Alaska, where rural communities – many of them comprised of indigenous Alaskan Natives – are highly dependent upon local resources found on public lands. Alaskan communities utilize forests in many ways. To better understand these coupled “social-ecological” systems, we combined socio-economic data from the 2000 U.S. Census with timber permit data from the USDA Forest Service to describe communities and their use of forest resources. …

Tolerance, Democracy And Fundamentalism(S) : Challenges In Time Of Systemic Bifurcations, Guillermo C. Hansen

Faculty Publications

No abstract provided.

David Hume On Monetary Policy: A Retrospective Approach, Maria Pia Paganelli

Economics Faculty Research

Monetary policy is a modern idea of which David Hume is generally considered a precursor. Moreover, thanks to Milton Friedman and Robert Lucas, he is often presented as one of the first and most illustrious endorser of monetarism. This paper argues against this view, and in agreement with Joseph Schumpeter, that Hume’s contribution to economics, while not insignificant, cannot claim any real novelties. It offers an interpretation of Hume as a descendant of a pre-modern understanding of money rather than a forerunner of modern monetary ideas, and as a scholar exposing common ideas of his time rather than a prophet …

Teaching Economics, Jonathan B. Wight

Economics Faculty Publications

Ethical considerations intersect with economics education on a number of planes. Nonetheless, in terms of curricula, only a handful of economics departments offer courses specifically focused on ethics. This chapter addresses the ways in which instructors can incorporate ethical components into teaching principles and field courses in order to broaden economic understanding and to enhance critical thinking. It examines three pedagogical issues: the artificial dichotomy between positive and normative analysis; the limiting scope of efficiency in outcomes analyses; and the incorporation of alternative ethical frameworks into public policy debates.

Moral Reasoning In Economics, Jonathan B. Wight

Economics Faculty Publications

The Teagle discussion analyzes why economics teachers have become overly narrow in their pedagogical perspectives, thus pulling back from fully supporting the liberal arts agenda. In Chapter 1, Colander and McGoldrick (p. 6) observe that the generalist approach that excites students by asking "big think" questions across disciplinary boundaries fails to generate new knowledge, while the narrow "little think" questions that can be answered often fail to develop the critical thinking skills necessary for liberal education. As one example, the authors cite the decline of moral reasoning in economics, which was once center stage in Adam Smith's analysis of society. …

Bonds, Stocks Or Dollars? Do Voters Care About Capital Markets In Brazil And Mexico, Anthony Petros Spanakos, Lucio Remuzat Renno Junior

Department of Political Science and Law Faculty Scholarship and Creative Works

How does vote intention in presidential elections vary according to the economic conditions of a country, especially indicators of the financial market? Does the state of the economy, both its fundamentals as well as capital market, affect variation in candidates’ percentage of vote intention in national polls? This paper tests how economic indicators influence vote intention in presidential elections in two emerging markets: Brazil and Mexico. The presidential elections of 1994, 1998, 2002, and 2006 in Brazil and 2000 and 2006 in Mexico are analyzed using all poll returns for each electoral period and corresponding economic data. The paper finds …

Hot Potato: Who Will End Up Paying For Open Access?, Sue Ann Gardner

UNL Libraries: Faculty Publications

Open access to scholarly content is increasing, and will continue to do so. This phenomenon is driving the economics of publishing to change dramatically. The question is: what will the economics of open access look like when this correction settles into a sustainable model? I will cover some of the ideas that have recently been articulated by economists, information professionals and others regarding retooling the evolving publishing business model, and will present some proposed solutions to the problem of “who is going to pay for it?”

Adverse Selection In Annuity Markets: Evidence From The British Life Annuity Act Of 1808, Casey Rothschild

Economics Faculty Scholarship

We study adverse selection using data from an 1808 Act of British Parliament that effectively opened a market for life annuities. Our analysis indicates significant selection effects. The evidence for ad- verse selection is strongest for a sub-sample of annuitants whose an- nuities were purchased by profit-seeking speculators, a sub-sample in which “advantageous selection” resulting from multi-dimensional het- erogeneity is unlikely to have been significant. These results support the view that adverse selection can be masked by advantageous se- lection in empirical studies of standard insurance markets. JEL N23 D82.

Threshold Concepts And Their Relevance To Economics, Roderick M. O'Donnell

Faculty of Commerce - Papers (Archive)

In exploring the learning experiences of tertiary students, some educationalists have advanced the ‘threshold concept hypothesis’ according to which certain concepts in various disciplines act as thresholds. Such concepts need to be mastered before further progress can be made in a discipline – they are thus like portals or entrances to be traversed before students can think like practitioners of that discipline. In economics, the concept of opportunity cost has been selected as a prime example of a threshold concept. This paper subjects the threshold concept hypothesis to critical scrutiny on logical and methodological grounds, and then investigates its applicability …