Social and Behavioral Sciences Commons^™

Feeling The Heat: Climate Change Is Becoming A Big Factor In Business Decision-Making, Risk Assessment, Candace Beeke, Sahan Dissanayake, Jennifer Price, Moss Adams

Economics Faculty Publications and Presentations

Portland Business Journal Publisher and President Candace Beeke spoke recently with PSU’s Sahan Dissanayake and Jennifer Price, with Moss Adams, about the direct and indirect effects of climate change on business, along with the physical impacts and economic hazards. Here are their insights.

A Review And Critique Of The Harrod-Domar Aggregate Growth Model, Chris C. Le Bourgeois

Augsburg Honors Review

The purpose of this paper will be three-fold: first, to review the Harrod-Domar "Long-Run Aggregate Growth Model," second, to examine the importance of investment in human beings, and third, to critique the Harrod-Domar model.

Prolegomena To A Buddhist(Ic) Critique Of Capitalism, James Mark Shields

Faculty Contributions to Books

Not even three decades removed from Francis Fukuyama’s post-Cold War proclamation of the “End of History,” the Western world is now undergoing a crisis of conscience – at the very least – with respect to both capitalism as an economic system and neoliberalism as its less-recognized but ever-present ideological foundation. The financial crisis of 2008, the subsequent Great Recession, the Occupy movement(s) of 2011, the 2016 challenge of self-styled Democratic Socialist Senator Bernie Sanders for the Democratic nomination, and growing anxiety about the fate of the planet, particularly among the young, have opened up new avenues of critique, and brought …

Why Post- Leaving Certificate Students In Ireland From Disadvantaged Backgrounds Are Less Likely To Proceed To Third-Level Education, Edward Hayes

Theses

Educational disadvantage continues to be a cause for concern, and addressing it remains at the forefront of education policy in Ireland (Houses of Oireachtas, 2019; Weir et al., 2017). This research extended across the academic years 2019-2020 and 2020-2021 and during the period of the global COVID-19 pandemic, which imposed public health measures, and enforced an emergency online digital learning environment. A socio-economic profile of Ireland’s student body registered an attainment gap between rich and poor, finding that young people from backgrounds of disadvantage continue to be underrepresented at third-level when compared to their middle-class counterparts (HEA, 2020). The primary …

Round Table (Part 5): What’S Raphaël Lemkin Got To Do With Genocide Studies?, Douglas Irvin-Erickson

Genocide Studies and Prevention: An International Journal

No abstract provided.

Thatcherism's Triumph: How Margaret Thatcher’S Neoliberal Policies Brought Prosperity To Britain, Carl J. Demarco Jr.

Student Publications

By 1979, the British economy was in complete and utter disarray. Inflation was at record highs along with unemployment. The post-world war consensus was built off the idea of embedded liberalism, which stressed that the government must play a large and active role in regulating the markets and that it was in the government's interest to keep unemployment at its natural low. Similar to the United States, since the Great Depression the welfare state in Great Britain had been expanding. The post-war consensus proclaimed and exhausted the economic theories of John Maynard Keynes who believed in embedded liberalism and the …

Northwest Arkansas State Of The Region 2022, Mervin Jebaraj

State of the Northwest Arkansas Region Report

The State of the Northwest Arkansas Region Report is an annual publication, commissioned by the Northwest Arkansas Council, that serves as a tool for evaluating economic performance. In July 2018, the Northwest Arkansas Council created a new blueprint for development in which Northwest Arkansas is benchmarked with other contemporary, high-performing regions, namely Austin, Des Moines, Madison, Durham-Chapel Hill, Raleigh and Provo-Orem.

The 2022 report compares Northwest Arkansas with these geographies in gross domestic product, employment, unemployment, establishment growth, median household income, average annual wages, poverty, educational attainment, research and development, homeownership costs, commuting time, and average domestic airfares. The following …

Free Market: The History Of An Idea. By Jacob Soll. Basic Books, 2022. 326 Pp, Index. $32., James K. Galbraith

Emancipations: A Journal of Critical Social Analysis

Review of Free Market: The History of an Idea. Jacob Soll. New York, Basic Books, 2022. 326 pp.

Historical Political Economy: What Is It?, Jeffrey Jenkins, Jared Rubin

ESI Working Papers

In this chapter, we define what historical political economy (HPE) is and is not, classify the major themes in the literature, assess the relative strengths and weaknesses of the literature, and point to future directions. We view HPE as social scientific inquiry which highlights political causes or consequences of historical issues. HPE is different from conventional political economy in the emphasis placed on historical processes and context. While we view HPE in the most inclusive manner reasonable, we define it to exclude works that are either solely of contemporary importance or use historical data without any historical context (e.g., long-run …

Government Regulation Effect On The Volatility Of Top Trading Cryptocurrencies, Jodie R. Albert

ETD Archive

I study whether news and the sentiment of the news regarding cryptocurrency regulation affects the volatility of Bitcoin, Binance, and Ethereum, measured as the standard deviation of the 1st difference of the log of the price with a right sided overlapping window of 7 days. I utilise a modified dynamic causal model with Newey-West heteroskedastic autocorrelation standard errors to estimate both the impact and cumulative effects that regulation news has on the three cryptocurrencies included in the study. My results show the volatility of all three cryptocurrencies react most strongly to negative regulatory news, with Binance being affected the most …

From ‘Homo Economicus’ To ‘Homo Culturalis’: Review Of Irrationally Rational By V. Raghunathan, Milind M. Shrikhande

Markets, Globalization & Development Review

No abstract provided.

Coverage Impacts Of Work Requirements From The Arkansas Medicaid Program, Brett D. Huettner

ETD Archive

I examine changes in Medicaid coverage and insurance status surrounding a work requirement policy implemented within the Arkansas Medicaid demonstration waiver. The policy applied to able-bodied, childless adults, aged 30 to 49, not enrolled as students, and was effective from 2018 to 2019. Eligibility was conditional on policy compliance. Taking a sample from the IPUMS American Community Survey database, I use triple-differences modeling to compare Arkansans subject to the policy with unaffected Arkansans and individuals from a set of control states. I find that the policy pilot group in Arkansas was less likely to be insured or have Medicaid coverage …

Medicaid Expansion: Changes In Individual Health Outcomes, Julie Norman

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

The Affordable Care Act is one of the biggest changes in the American healthcare system in the 21st century. One element of the ACA is medicaid expansion, which opened up federal funding for states to cover any individual earning below 138% of the federal poverty line. 21 states expanded medicaid in 2014 while 12 haven’t expanded. This paper utilizes the disparity for a natural experiment to determine the efficacy of the program. Outcome variables of interest include measurements of individual health, health access and utilization, and premature death rates. The results indicate positive, but small improvements due to the policy, …

Three Essays On Consumption Smoothing, Logan James Miller

Graduate Theses and Dissertations

Macroeconomic theory has established that consumption smoothing leads to higher standards of living. A stable consumption path can lead to more stability and less uncertainty between periods of high and low income. However, there is a wide body of literature that shows people do not consistently smooth their consumption when exposed to adverse income shocks. This dissertation uses experimental and empirical methods to better understand the obstacles people face when trying to smooth their consumption over time. It looks to understand the differences in pairs and individuals’ ability to smooth consumption. It also explores how the household’s level of income …

St. Cloud Area Quarterly Business Report, Vol. 24, No. 2, King Banaian, Mana Komai

St. Cloud Area Quarterly Business Report

St. Cloud area unemployment reached its lowest point since measurement began in 1990, registering at 1.8% in April 2022. Area economic growth was very strong in the months leading out of the Omicron wave of the pandemic, with a majority of survey respondents reporting higher business activity in the February to April period. Over 70% reported paying higher wages and charging higher prices for their goods and services. 5 of 6 leading indicators were positive. In special questions, more than 70% of surveyed businesses did not lay off workers but of those that did a majority did not return many …

None Of Our Business: Examining The Economics And Business Dynamics Of The Library And Information Industry, Jason Folkman, Alex J. Sundt, Robert Heaton, Erica Finch, Stephanie Western, Nick Gittins

Library Faculty & Staff Presentations

Librarians are often referred to as information professionals and talk of the "information industry," but how much do we actually know about the business side of publishing and library vendors? As vendors and publishers continue to consolidate, and costs increase for libraries and our communities, the business side of libraries deserves greater scrutiny from the library community which often shies away from critically examining our role in the greater information industry. Building our awareness and engaging in critical discourse of the library industry is essential for securing our bargaining power, navigating our role as stewards of our collections, and situating …

Essays In Advertising, Regulation And Consumer Naivety, Aastha Gupta

Economics Theses and Dissertations

This dissertation consists of three essays that focus on the theoretical analysis of regulation of firm’s communication regarding the quality of its product and the impact of such regulation on market outcome.

The first essay, “Advertising Through Influencers and Disclosure Regulation”, focuses on the recent FTC regulations which require mandatory disclosure of all paid advertising content through social media influencers. This chapter investigates the impact of this disclosure policy on market outcomes when the influencer has the expertise to evaluate product quality and influence the beliefs of both potential buyers as well as the firm. In markets where the influencers …

Workforce Development: A Comparative Analysis Of Community College Governance And Funding In The Mountain West And Policy Proposals For Nevada, Peter Grema

Student Research

Nevada experienced one of the worst economic downturns in the nation following the onset of the COVID-19 pandemic, which exposed the vulnerability of Nevada workers. In his 2021 State of the State address, Governor Steve Sisolak highlighted aligning the state’s workforce development capacity with community colleges to best leverage federal funding and statewide infrastructure for jobs training and economic recovery. In addition, he said, “I will be asking the Legislature to work with the Nevada System of Higher Education over the next two years to develop a framework transitioning Nevada’s community colleges to a new independent authority that will focus …

Sustainable Rural Development: Is It Possible To Boost Rural Economies While Protecting The Environment?, Jack M. Hempleman

Undergraduate Theses, Capstones, and Recitals

Amidst rapid depletion of our carbon budget, the need to change our practices to be more in line with Earth’s limits has become important in every sector of our economy. From advances in renewable energy generation to the growth of urban gardening, people around the world are taking action to change the way they interact with our planet. However, growing concerns have been raised that protections for the environment will disproportionately harm struggling communities. For instance, rural communities in the United States already exhibit disproportionately high poverty rates, income inequality, and unemployment, as well as lower quality healthcare and public …

Driving Factors: The Effects Of State Tax Incentives On The Market Penetration Of Electric Vehicles, Austin Rook

Economics Student Theses and Capstone Projects

This research examines the effects of state tax incentives on the market penetration of electric vehicles (EVs), while also delving into other variables such as charging port availability, state political affiliation, state gas prices, and vehicle price levels, utilizing data ranging from 2011 to 2020. These definable variables influence in an individual’s decision when considering purchasing an EV. Using Ordinary Least Squares (OLS) methodology, I am able to analyze the specific effects of these independent variables on the number of fuel cell electric vehicles (FCEVs), battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and all EVs sold in each …

Ending The False Perception Decoding The Characteristics Of Americans Who Fear Immigrants’ Impact On The Economy By Kate Riccardelli, Kate Riccardelli

Student Scholar Symposium Abstracts and Posters

Understanding which characteristics impact Americans' position and fears towards immigrants will generate an understanding of what drives and unleashes fear-driven behavior on immigrant populations. One particular area of public perception towards immigrants that gets a high degree of political debate is immigrants' impact on the economy. This paper will evaluate the relationship between a person's social-economic status, age, and education level towards the perception that immigrants are negatively impacting and draining the American economy. The link between a fear of immigrants and the stated characteristics will be evaluated through the Chapman Survey of American Fears, a representative national survey of …

Hemp-Lime Insulation: A Climate Friendly Building Material, Ginger Rose Jensen

Student Research Symposium

It is critical to reduce greenhouse gas from the atmosphere to reduce the impacts of climate change. Oregon’s Climate Action Plan has established goals to reduce emissions by developing ‘Clean Buildings’ and increasing the CO₂ sequestered by the state's ‘Natural and Working Lands’. Carbon negative construction materials like hemp-lime insulation could contribute to both goals.

Hemp-lime is a non-structural insulation material made from crushed hemp hurd, a lime-based binder, and water. It is non-toxic and versatile alternative to traditional insulation materials. Hemp-lime was submitted to be added to the International Residential Codes (IRC) index in 2022. IRC approval would …

Evaluating Short Term Effects Of Opportunity Zone Designation, Sarah M. Bennett

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

The Tax Cuts and Jobs Act of 2017 included a substantial economic development effort known as Opportunity Zones. These Zones cover 12% of the census tracts in the United States and are estimated to cost $1.6 billion in lost capital gains tax revenue. Our paper seeks to find whether this program has had an impact four years after going into effect, using an econometric analysis on changes in housing prices.

Ping Pong Diplomacy: Us - China Supply Chain Relations Today, Camille Wagner

Supply Chain Management Undergraduate Honors Theses

“The wide world is all about you: you can fence yourselves in, but you cannot forever fence it out.” The masterpiece that is The Fellowship of the Ring by J.R.R. Tolkien holds many timeless words of wisdom, the one quoted above being a good summary of this paper. This business thesis will tell the story of ping pong diplomacy, globalization, and how this diplomacy can be revived in a modern world where U.S. – China contentions continue to threaten supply chain stability.

Impact Of Fear On Interpersonal And Economic Decision-Making, John Wilson

Economics Undergraduate Honors Theses

Fear is one of the most basic, intrinsic, and powerful emotions an individual may experience when faced with known or unknown threats, imminent pressures, or expectations of approaching doom. Fear may allow an individual to act quickly in a fight-or-flight response. Fear can alter both physiological and psychological frameworks to avoid certain calamity. Fear provides motivation to protect oneself or to effectuate altruistic behavior towards others for the greater good. One lesser explored area of research pertaining to fear and its implications is the influence of fear on interpersonal and economic decision-making. Economic volatility can produce both immediate consequences as …

Mississippi Crime And Corrections: The Effects Of House Bill 585 On Crime And Incarceration Rates, Madisyn Flammia

Honors Theses

The state of Mississippi’s historically high incarceration rate peaked in the year 2013, when it was the second highest nationwide. To combat this problem, House Bill 585 was passed into law in 2014. The law consisted of multiple reforms, which were part of an effort to toughen sentencing for violent offenders and reduce severity of punishment for non-violent criminals, with the aim of reducing incarceration and refocusing prison space for violent crimes. I employed difference in differences and synthetic control methododologies to examine the effects of House Bill 585 on crime and imprisonment rates. My results revealed that House Bill …

Strengthening The Southern Nevada Workforce Pipeline, Katie M. Gilbertson

Student Research

Workforce development has been a keystone in the discussion of economic diversification of Las Vegas for decades. The leisure and hospitality industry is the lifeline for the Southern Nevada economy due to the reliance on tourism as the city’s main economic driver. The leisure and hospitality industry requires physical labor and more face-to-face customer interaction than other employment sectors. Thus, these jobs often do not require high educational attainment, but rather sharp soft skills like effective listening, nonverbal communication, and negotiation strategies. While these are valuable traits, the lack of educational attainment within the leisure and hospitality workforce suppresses employees’ …

The Economic Impact Of U.S. Drone Strikes On Pakistan, Cavika Prashad

Honors College Theses

Drone strikes have a detrimental impact on the region of a nation, especially when the contact is not the targeted threat. When drone strikes are sent out, they result in consequences such as death, infrastructure damage, and consequently, unemployment increases. While proponents of drone strikes say they are precise weapons with little disruption to civilian life, this paper shows that in Pakistan, U.S. drone strikes have had an economic impact, particularly by increasing unemployment. Using an OLS model, the drone data from the Bureau of Investigative Journalism and individual survey data from the Pakistan Bureau of Statistics were used to …

Economic Experiments On Group Identity And Bias, Nathaniel Christopher Burke

Graduate Theses and Dissertations

Experiments in economics have been a valuable tool to understand the behavioral implications of incentives on the decision-making process. Particularly, aspects of decision making that cannot be observed in empirical data can be better isolated in an experimental setting such as bias and identity impacts. This dissertation uses three distinct experiments to further the understanding of individual biases, perceptions, and identity and how they impact the way people defer to these internal traits under incentives. This dissertation looks at how well individuals can make inferences about polling data that was collected from individuals susceptible to socially desirable responding. It also …

Biden’S Options: Policy Recommendations On The Us-China Trade War, Marley Taylor Belanger

Undergraduate Theses and Capstone Projects

As talks of unprecedented inflation and the long-term impact of the pandemic are on the rise in the United States, it is critical to understand how the foreign policy choices of the US Government ultimately impact its economy. This paper aims to evaluate the impact of the economic tensions between the US and China as a result of the ongoing US-China Trade War. To examine the viability of proposed options, a cost-benefit analysis of Biden’s policy options is implemented based on a framework of escalation, de-escalation, or modification of the current US-China economic policy initiative. The analysis of these proposals …