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Articles 1 - 12 of 12

Full-Text Articles in Social and Behavioral Sciences

The Effect Of Aging Populations On Inflation, Andrew Stone Jan 2009

The Effect Of Aging Populations On Inflation, Andrew Stone

Empirical Economic Bulletin, An Undergraduate Journal

This research uses panel data of 66 high and middle income countries to examine the inflation effects of demographics. The primary objective of this research is to show that consumer prices change based on the amount of retired persons in a nation. The double log model used in this paper also includes interest rates and uses data from 1991-2007 in order to demonstrate the most recent demographic shifts. The results showing inflationary pressure coming from young retirees compliment the Modigliani life-cycle hypothesis that this age group consists of net consumers, while the deflationary pressures provided by the working aged population …


The Relationship Between Housing Prices And Macroeconomic Factors In Spain, Garrett Fitzgerald Jan 2009

The Relationship Between Housing Prices And Macroeconomic Factors In Spain, Garrett Fitzgerald

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the effects of certain macroeconomic variables (i.e mortgages, inflation, and employment) on the price of houses in Spain. An error correction vector autoregressive (ECVAR) model is used to model the impact of the macroeconomic variables on real housing prices. Variance decompositions will be analyzed to determine the extent to which these variables have an effect on housing prices in Spain.


Effects Of Globalization On Income Inequality In High Income Countries, Craig Bradford Jan 2009

Effects Of Globalization On Income Inequality In High Income Countries, Craig Bradford

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the relationship between technology, trade liberalization, and financial globalization in incomes inequality, focusing on high income countries. We find that technological progress has a smaller effect on income inequality in high income countries than in middle and low income countries. It is also found that increases in the percentage of workers in the services industry decreases Income Inequality by a significant amount. The GINI index is used to measure the level of income inequality, and the Chinn-Ito index is used to measure the level of openness to capital investment.


Are Educated Women Less Likely To Get Married?, Qian Jiang Jan 2009

Are Educated Women Less Likely To Get Married?, Qian Jiang

Empirical Economic Bulletin, An Undergraduate Journal

In the past, there are some research indicate that highly educated women marry less. Because women tend to face the success penalty, however, a new analysis of U.S. census data indicates that--despite cultural messages to the contrary--the success gap, in which better educated women marry less, is actually shrinking. Using 2008 Current Population Survey, this paper utilized Probit regression to analyze how increase of women's educational attainment can influenced marriage and other aspects such as financial well-being. In addition, this study tries to estimate the best levels of education for women to be more likely to married.


The Effect Of Domestic Investment, Economic Growth And Human Development On Foreign Direct Investment Into China, Mike Paolino Jan 2009

The Effect Of Domestic Investment, Economic Growth And Human Development On Foreign Direct Investment Into China, Mike Paolino

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the relationship between foreign direct investment, domestic investment, human development, and economic growth, and uses the ordinary least squared technique, and a time series analysis using data for the period 1977-2007. The analysis seeks to answer the fundamental question of what impact Chinese domestic investment, economic growth, and human development has on foreign direct investment into the country. Research regarding foreign direct investment and its fundamental correlation with economic growth and domestic investment has produced varied results. This paper examines those variables, with the addition of human development variables, where research is partial. This paper seeks to …


The Impacts Of Energy Efficiency And Consumption On Gdp In The Euro Area, Justin T. Getts Jan 2009

The Impacts Of Energy Efficiency And Consumption On Gdp In The Euro Area, Justin T. Getts

Empirical Economic Bulletin, An Undergraduate Journal

This paper analyzes the aggregate data of the Euro Area to determine how GDP per unit of energy is affected by the use of common energy sources. Time series data from 1980 to 2005 is used to show the change in how energy is used compared to the growth of GDP. It is revealed in this paper that the consumption of efficient forms of energy is highly correlated to GDP growth and the use of inefficient energy sources leads to less growth.


The Effect Of Tax-Burdens On Foreign Direct Investment: A Cross-Sectional Look At Developing Economies, Kevin Hauver Jan 2009

The Effect Of Tax-Burdens On Foreign Direct Investment: A Cross-Sectional Look At Developing Economies, Kevin Hauver

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the effect that certain aspects of the tax burden have on foreign direct investment in developing economies. Using data from 35 select countries, the paper uses an OLS regression model to determine the impact that various taxes, both on individuals and corporations, can have on FDI. The paper concludes that corporate tax rates are not a statistically significant factor for determining FDI inflows into a host country, but that indirect tax rates are. This is likely due to the use of ‘enterprise zones’, which offer favorable indirect tax rates to companies that choose to operate in a …


State Level Comparison Of Factors Contributing To Rising Inpatient Hospital Costs, Jeff Fontaine Jan 2009

State Level Comparison Of Factors Contributing To Rising Inpatient Hospital Costs, Jeff Fontaine

Empirical Economic Bulletin, An Undergraduate Journal

No abstract provided.


The Effect Of Crime Rates On Home Prices: A Hedonic Study, John Paul Goncalves Jan 2009

The Effect Of Crime Rates On Home Prices: A Hedonic Study, John Paul Goncalves

Empirical Economic Bulletin, An Undergraduate Journal

The hedonic regression model in this study is from a Florida based study that has been applied on a national level. The results of this research will indicate the most significant variables which support the overall effect on the price of a home. The emphasis of this study is to examine the overall impact of crime rates on average home prices in America’s state capitals.


An Empirical Analysis Of The Impact Of Home Foreclosure On The Crime Rate: Evidence In Atlanta, Ga, Luis G. Acevedo Jan 2009

An Empirical Analysis Of The Impact Of Home Foreclosure On The Crime Rate: Evidence In Atlanta, Ga, Luis G. Acevedo

Empirical Economic Bulletin, An Undergraduate Journal

Over the past 28 years the United States has seen its share of prosperity and hard times. At times there have been significant increases in the number of subprime mortgages issued in the United States. Studies have shown that the number of foreclosures is highly correlated to the number of subprime loans issued. Another main issue that seems to occur with the abundance of loans and the spike in foreclosures is that crime rates tend to also increase during these times. The two major crimes that will be taken into account are violent crime and property crimes. I use foreclosure, …


The Economic Benefits Of Education As A Return To Gdp Per Capita, Jonathan Brown Jan 2009

The Economic Benefits Of Education As A Return To Gdp Per Capita, Jonathan Brown

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines many different factors of education, including the levels of education received, the expenditures per student as well as for each level of education, and the measurement of unemployed with said levels of education as to how it affects the levels of GDP per capita. What is consistent across each regression is that in fact, the average years of education received by the population will most closely have a beneficial effect on the levels of GDP per capita. What these regressions also show are tendencies to look more towards the future rather than the past. When considering unemployment, …


The Effect Of Aid Dependency And Quality Of Institution In Alleviating Poverty In Ida Countries, Mahah Mirza Jan 2009

The Effect Of Aid Dependency And Quality Of Institution In Alleviating Poverty In Ida Countries, Mahah Mirza

Empirical Economic Bulletin, An Undergraduate Journal

Poverty alleviation has been a topic of much discussion ever since the Millennium Development Goals were set by World Bank in the 1990s. This paper examines to what extent aid dependency and quality of institution affect 31 IDA countries in achieving the first of eight MDG. The study provides evidence that although these IDA countries experience a decrease in poverty, it may not be enough to meet MDGs by 2015. Aid dependency increases the poverty level whereas some Quality of Institution indicators such as control of corruption, rule of law and regulatory quality have greater impact in reducing poverty than …