Social and Behavioral Sciences Commons^™

Exploring The Economic Resilience In The United States Through State Gdp Output, Mariya Pominova

Honors College

Economic resilience is a rising topic in the field of economics. Although there is no standard definition, most literature suggests that the concept of regional economic resilience converged to encapsulate a region’s ability to resist, recover from, and restructure itself after an economic or environmental shock. There are a multitude of methods in the literature used to measure economic resilience. All of these methods utilize either GDP, employment, or a combination of both. While both GDP and employment cycles are powerful tools for measuring the impact of a recession on an economy, they measure vastly different things and neither fully …

The Underrepresentation Of Racial And Ethnic Minorities In Legal Occupations, Maria Beaulieu

Honors College

For the purpose of this research, minorities are defined as both racial and ethnic categories that are numerically inferior than the majority racial or ethnic group. Historical social inferiority is an arguable consequence of numerical inferiority, but is not included in this research’s definition of a minority. In this research, we see how women are numerically inferior in certain legal occupations, however gender/sex is also incorporated within the broader category of racial and ethnic minorities.

Current literature utilizing census bureau data, goes into some detail about the underrepresentation of racial and ethnic minority lawyers. However, this research project reaches greater …

Forecasting Labor Force Participation At The Regional Level In The United States: The Case Of Maine, Maryam Kashkooli

Honors College

This project attempts to investigate the future of labor force participation in Maine using an econometric forecasting approach. Forecasting has become an increasingly popular form of statistical analysis which uses historical distributions to help estimate future distributions of econometric models. There exists extensive literature on forecasting employment, however the literature on forecasting labor force participation is relatively small. I adapt existing econometric models and make use of time series information on sociodemographic factors such as age and net migration in order to determine how Maine’s changing demographic structure is affecting its labor force and how these effects will carry on …

The Analysis Of Labor Market Efficiency: A Comparative Analysis Of Maine And The United States, Sarah M. Welch

Honors College

The purpose of this research is to analyze the change in the labor market efficiency from before to after the great recession and its effect on economic output following the recession. Concerns have been raised about the adjustment of the labor market compared to the recovery of other economic indicators. Influenced by the methods of Blanchard and Diamond (1989) and Dixon et al. (2014), the Beveridge curve and matching function are used to estimate and observe changing labor market dynamics through the relationship between unemployment and job vacancies.

This thesis finds that labor markets for both Maine and the United …

The Impact Of Active And Passive Ownership On Total Shareholder Return And Environmental, Social, And Governance Performance Of Companies, Abigail J. Bennett

Honors College

The purpose of this study was to test the impact of passive and active ownership on total shareholder return (TSR) and environmental, social, and governance (ESG) score of firms. The motivation behind the study is the rise in passive investing over the last few decades and the concern that passive owners are not able to engage sufficiently with management of the companies they are invested in.

This study hypothesized that firms that are actively controlled have high TSR and higher ESG scores than firms that are passively controlled. The hypothesis was supported by the reasoning that passive owners lack the …

Constructing Identity Through The Lens Of Fashion: An Honors Thesis, Cara P. Doiron

Honors College

Fashion is an artistic decision that every person makes every day. Even those who say they don’t care about clothing are still portraying something about themselves to the outside world with the stylistic choices they make. This creative Honors Thesis explores the impact of fashion on self-representation, accomplished through the design and construction of a capsule wardrobe line of clothing. Due to the project’s personal and introspective nature, the intended wearer is the artist, and therefore the pieces are specifically tailored to her, rather than the straight sized garments that are typically produced in the fashion industry. This line consists …