Economics Commons^™

Unionization Rates And Wage Growth: Trade, Transportation And Utilities, Nathaniel V. Thomas

Binghamton University Undergraduate Journal

This research examines how unionization rates influence wage growth in the United States’ transportation, trade, and utilities sector. Drawing on secondary data from the Bureau of Labor Statistics, the study compares union and non-union wage trends while taking in factors like industry characteristics. By using historical and comparative analyses across multiple industries, it aims to determine if higher union density consistently translates into stronger wage gains. Prior research in both U.S. and international contexts shows that union presence can positively affect wages, but this influence varies by sector, labor strength, and political backdrop

The Impact Of Corruption On Private Investment In The Mena Region: An Empirical Study On The Period Of 1996-2023, Mohamed A. El Regdawy

Theses and Dissertations

This study aims to examine and understand empirically the impact of corruption on private investment in the MENA region during the period of 1996-2023, as private investment is a key enabler for sustainable economic growth. To better understand such a relationship, a Pooled Mean Group estimator was implemented to figure out this relationship in both the short run and long run. The findings confirm that in the long run, within the context of MENA, corruption was used as a tool to overcome the lack of quality in the regulations that were supposed to enable the role of the private sector. …

The Political Economy Of Mandatory Disclosure: A Literature Review, Hao Liang, Hanyu Zhang

Research Collection Lee Kong Chian School Of Business

Reviewing the literature on mandatory corporate disclosure from a political economy perspective, we synthesize the classic justifications for disclosure regulations while emphasizing why voluntary disclosure often fails to achieve socially efficient transparency. We also highlight how legal institutions, enforcement capacity, and political forces shape the design, credibility, and effectiveness of disclosure mandates. Drawing on evidence from international and China-focused studies, we review empirical findings on how mandatory disclosure affects investor protection, information environments, and firm behavior, showing that similar reporting rules yield different outcomes across institutional settings. We further extend the discussion to ESG and climate-related disclosure to examine emerging …

The Role Of Bank Portfolio Heterogeneity In The Fiscal Stimulus Policy In Indonesia, Michael Kusuma, Brigitha Mega Rebeca

BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi

Fiscal stimulus transmission is often hindered by banking frictions from risk-averse behavior and channel specialization. To evaluate the fiscal stimulus policy in Indonesia, this study introduces a modified Input-Output (I-O) framework integrated with bank portfolio-based shock vectors. This approach captures banking frictions by incorporating institution-specific portfolio weights into the macro-simulation framework, providing a more realistic assessment than standard uniform-transmission assumptions. Three scenarios are simulated (policy design, interim realization, and expansionary response) to assess the macroeconomic impacts of credit concentration. The results reveal a significant gap between the initial policy design and its actual realization, generating an economic opportunity loss of …

The Disconnect In Female Labour Force Participation Policy In Egypt: Design And Implementation Gaps, Miral Mohamed Omran

Theses and Dissertations

This study investigates the disconnect between Egypt's ambitious female labor force participation (FLFP) policy goals in the National Strategy for the Empowerment of Egyptian Women 2030 and the declining indicators since its launch. Applying Van Meter and Van Horn's implementation framework, it analyzes the full policy process using qualitative interviews across government, civil society, and private sector actors involved in the national policy’s design and execution. Findings reveal structural failures, resource shortages, coordination gaps, leadership turnover, and donor-driven fragmentation, intensified by cultural norms and frontline resistance. Recommendations prioritize short-term administrative tweaks leveraging public sector downsizing for harmonization and rethinking the …

The Worker Voice Gap: How Much Say Do Workers Want—And How Much Do They Actually Experience?, Alexander Hertel-Fernandez, Thomas A. Kochan

Upjohn Institute Policy Papers

•The worker voice gap—the difference between the influence that workers want and what they experience—is very large. Nearly three-quarters of American workers want more voice at work than they currently have in three key areas: 1) compensation, 2) working conditions, and3) use of new technologies at work.

• The voice deficit is largest for compensation, but majorities of workers also express voice gaps over working conditions and the use of new technologies in their workplaces.

•Although voice gaps are relatively widespread, women tend to report larger voice gaps than men, and younger and middle-aged workers tend to report larger gaps …

Boundaries Of Inequality: The Political Economy Of Redlining And Modern Mortgage Credit, Kyle Guo

Harvey M. Applebaum ’59 Award

This paper investigates the legacy of historical redlining on contemporary access to mortgage credit across three distinct urban policy environments: Baltimore, Philadelphia, and Manhattan. I find that while historical redlining is associated with a statistically significant negative effect on mortgage approval rates, the magnitude of this direct effect is relatively small. In comparison, applicant race, particularly for Black applicants, is a stronger predictor of mortgage approval rates across cities and models. This study utilizes 1930s Home Owners’ Loan Corporation (HOLC) residential security maps and Home Mortgage Disclosure Act (HMDA) data from 2007 to 2017, and uses ordinary least squares (OLS) …

Upjohn Regional Economic Outlook, Iryna V. Lendel, Chloe Wieber, Sevrin Williams, Gerrit Anderson, Lee Adams, Emily Petz

Reports

No abstract provided.

Solving Affordability Challenges In Education, Housing And Childcare, Brad J. Hershbein, Michelle Miller-Adams, Brian J. Asquith, Chloe R. Gibbs

Presentations

These three presentations emphasize that affordability challenges across education, housing, and childcare stem from structural market and policy frictions, and that effective solutions require coordinated public investment, simplified systems, and attention to both supply and demand. The first presentation argues that while college tuition growth has slowed and aid has increased, affordability challenges persist due to complexity, misperceptions, and uneven costs, and it advocates for simple tuition-free programs combined with investments in advising, streamlined pathways, and stronger school-to-work connections. The second presentation highlights a growing housing affordability crisis in the Rust Belt driven by aging housing stock and limited supply, …

How Changes In Mexican Immigration To The United States Affect Mexican Labor Markets, Gonzalo Ares De Parga-Regalado, Marta Prato

Employment Research Newsletter

No abstract provided.

Empirical Results From The Eliminations Of Municipal Minimum Parking Requirements, David A. Griffith

Honors Theses

Minimum Parking Requirements (MPR) are municipal zoning ordinances mandating a set number of off-street parking spaces for new developments. Since the 1950s, MPR has been the near-universal way American municipalities supply parking, though growing criticisms since the late 1990s have targeted the policy for distorting development patterns, imposing high costs, and subsidizing personal vehicle use. Beginning in the early 2010s and increasingly in the early 2020s, cities and counties across the United States have moved to reform or eliminate MPR. This paper is the first empirical study of the economic effects of these removals. Using a two-way fixed-effects difference-in-differences OLS …

How Do Minimum Wages Affect Workplace Injuries?, Michael Davies, R. Jisung Park, Anna Stansbury

Employment Research Newsletter

No abstract provided.

Ai Is Taking Over!: A New Generation Of Unemployment Fears, Amaya V. Hepburn

Student Scholar Symposium Abstracts and Posters

The growing panic surrounding AI taking over the workforce is strong in a distinct group of demographics, in contrast to the fear of computers taking over the workforce that was seen in previous generations. This suggests that AI developments have sparked a wave of fear that is unlike the fear of tech developments in the past. I have discovered that this fear is prevalent across several demographics: age, employment, and income. By cross-analyzing through the 2017 and 2025 fear surveys, I discovered that fear of AI is more prevalent in younger generations and is more threatening to students entering the …

Money And Power: How Big Money Shapes Democracy In The United States, Paige Long

Thinking Matters Symposium

This project explores the question: what could and should be done to strengthen democracy in the United States? More specifically, it examines the role that large amounts of money in politics play in shaping political power and representation. The central argument of this project is that reducing the influence of big money in political campaigns and policymaking is necessary for creating a more fair and representative democratic system. When wealthy donors, corporations, and special interest groups are able to spend large amounts of money to influence elections and policy decisions, it can limit the political voice of ordinary citizens.

This …

Credential Shortages In Higher Education Programs In Mountain West Metro Areas, 2024, Isabelle G. Graham, Kristian Thymianos, Olivia K. Cheche, William E. Brown Jr.

Economic Development & Workforce

This fact sheet reports data on workforce demand for middle-skills jobs across five high-paying occupational categories: healthcare, management, blue-collar, protective services, and STEM. The Georgetown University Center on Education and the Workforce report, “Missed Opportunities: Credential Shortages in Programs Aligned with High-Paying Middle-Skills Jobs in 55 US Metro Areas,” includes metro-level data on 55 metro areas in the United States in 2024.2 This fact sheet focuses on data for five Mountain West metro areas, including Denver-Aurora-Lakewood, CO; Las-Vegas-Henderson-Paradise, NV; Phoenix-Mesa-Chandler, AZ; Salt Lake City, UT; and Tucson, AZ.

China-Canada Resource Diplomacy: New Era Of Land Grabbing, Valdrin Dragusha

Bridges: An Undergraduate Journal of Contemporary Connections

This paper examines the evolving economic relationship between China and Canada, particularly in the context of China's transition from a strictly social economy to an authoritarian socialist market economy. It highlights the implications of China's Going Out Policy initiated in 2000, aimed at securing vital natural resources amidst growing domestic demands driven by rapid economic expansion. The paper analyzes China's significant demand for resources, its sustainable development policies, and the changing dynamics of land acquisitions, particularly in relation to Canada, which is perceived as a strategic investment destination due to its abundant natural resources and technological advancements in clean energy. …

Ai Exposure And The Future Of Work: Tasks, Skill Demand, And Education, Erik Vasilauskas, Michael Horrigan

External Papers and Reports

No abstract provided.

Examining The Role Of The Cbn's Agent Banking Policy In Its Financial Inclusion Drive From A Mechanism Design Theory Perspective, Umar Yakub Yakub Mr

Bullion

This paper analyses CBN’s Agent Banking policy and its role in promoting financial inclusion through the lens of mechanism design theory. It sought to evaluate how effective the policy has been in bringing together the incentives of key stakeholders—customers, agents, and banks—with the ultimate goals of the Bank’s financial inclusion policy. The scope covers the design and evolution of the policy, the incentives of the different stakeholders, and finding potential information asymmetries, moral hazard, and adverse selection issues. It assesses the impact of the policy based on available evidence and concludes with mechanism design-informed recommendations for improving the policy’s effectiveness …

Protection Vs. Progression: A Macroeconomic Approach To Military Expenditure Direct Effects On Social Outcomes Using Ihdi Measures, Connor Graham

Global Tides

This study examines whether military expenditure reduces inequality-adjusted human development and how national governance quality moderates these effects. Using panel data covering 121 countries from 2010-2023, two-way fixed effects models are employed to estimate the relationship between military spending and the Inequality-Adjusted Human Development Index (IHDI). Three key findings emerge from the analysis based on the resulting data. First, a one percentage point increase in military spending reduces IHDI by 0.0012-0.0015 points. Second, the effects prove seven times larger in developed countries than in developing ones, which runs contrary to expectations and prior literature. Lastly, political stability emerged as a …

U.S. Foreign Aid’S Effects On Un Voting Patterns From Years 2017-2023, Brody Young

Undergraduate Theses

This is a study of the relationship between U.S. Foreign Aid and its effects on a receiving nation’s voting coincidence, with voting coincidence measuring how often a nation votes the same as the U.S. in the UN General Assembly. In this study the dependent variable is voting coincidence in the UN General Assembly. The primary independent variable is the average amount of foreign aid UN nations have received from the U.S. in 2017-2023. With several other more minor independent variables including average GDP of nations from 2017-2023, the average population of a nation from 2017-2023, whether a nation is a …

Identifying Common Trend Determinants In Panel Data, Yoonseok Lee, Peter C. Phillips, Suyong Song, Donggyu Sul

Center for Policy Research

This paper develops a novel method for identifying observable determinants of latent common trends in nonstationary panel data, which are typically removed or controlled in two-way fixed effects regressions. By examining cross sectional dispersion processes, we assess whether panel series exhibit distributional convergence toward specific observed time series, revealing them as long run determinants of the underlying latent trend. The approach also offers a new perspective on cointegration between time series and panel data, focusing on the relative variation of the panel data with respect to the cointegration error. Applying this method to U.S. state-level crime rates demonstrates that the …

Retirement Rankings In The Mountain West, 2025, Isabelle G. Graham, Mia Tschan, Anthony Arroyo, Kristian Thymianos, Caitlin J. Saladino, William E. Brown Jr.

Demography

This fact sheet reports 2025 data on retirement rankings in the five Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah. The Bankrate report, “America’s best states to retire in 2025: New Hampshire takes the top spot,” presents data on retirement rankings for all 50 U.S. states. This fact sheet focuses on the overall retirement rank and individual retirement category rankings for each Mountain West state.

Reared In Disaster: The Long-Run Harm From Childhood Storm Exposure, Lucas Kaplan

Center for Policy Research

I estimate how exposure to natural disasters in childhood shapes earnings and schooling later in life, using newly assembled county-date disaster records dating back to 1951 linked to residential histories in the NLSY79. I compare adult outcomes for children who are born in the same county but due to disaster timing experience different amounts of exposure, finding that severe and repeat disasters reduce earnings. I show that school-age disaster exposure drives long-run harm: exposure between ages 5 and 10 reduces educational attainment, while exposure between ages 10 and 15 reduces adult earnings. Finally, Black individuals suffer larger earnings losses than …

How Do Minimum Wages Affect Workplace Injuries?, Michael Davies, R. Jisung Park, Anna Stansbury

Upjohn Institute Policy and Research Briefs

No abstract provided.

Minimum Wages And Workplace Injuries, Michael Davies, R. Jisung Park, Anna Stansbury

Upjohn Institute Working Papers

How do minimum wage changes affect workplace amenities? Using the universe of claims from California, the US’ largest workers’ compensation system, over 2000-2019, we exploit geographic variation in state- and city-level minimum wages and local occupation-level variation in exposure to minimum wage changes to estimate whether minimum wage increases affect the rate of workplace injuries. We find a large adverse effect of raising minimum wages on injuries. A 10% increase in the minimum wage increases the injury rate by 7.2% in an occupation-metro area labor market which is fully exposed to the minimum wage increase. Our results imply an elasticity …

How Changes In Mexican Immigration To The United States Affect Mexican Labor Markets, Gonzalo Ares De Parga-Regalado, Marta Prato

Upjohn Institute Policy and Research Briefs

No abstract provided.

Flex, Pivot, Sustain: Adaptive Design Of Promise Programs, Michelle Miller-Adams, Jennifer Iriti

Reports

The design of a Promise program or place-based college scholarship requires community partners to make three key decisions: 1) Which students are eligible, 2) Where can students use the scholarship?, and 3) How should the scholarship be structured? Changes in available funding may affect all three decisions. This practice brief, developed in conjunction with the Kresge Foundation, lays out key principles for redesigning Promise programs when available funding changes, providing three case study examples to illustrate how program officials navigated redesign choices.

The Effects Of Declining U.S. Immigration On Local Labor Markets In Mexico, Gonzalo Ares De Parga-Regalado, Marta Prato

Upjohn Institute Working Papers

This paper examines how declining migration opportunities to the United States affect local labor markets in Mexico. Using novel micro-level data from consular identification cards and deportations, we link individuals’ Mexican municipalities of origin to their U.S. destination states. We implement a shift-share design based on historical migration networks and exploit regional variation in exposure to changes in U.S. migration flows between 2017 and 2022 to identify the local labor market effects of reduced emigration while controlling for involuntary repatriations. While we find no impact on overall employment rates, regions more exposed to the decline in migration experience an increase …

Immigration Enforcement And Origin Country Labor Markets, Thomas Pearson

Center for Policy Research

This paper studies how increased immigration enforcement in the destination country impacts labor markets in the origin country. Using variation in Mexican migrant networks and Secure Communities (SC), a policy which expanded local immigration enforcement, I show that the deportation of Mexican migrants from the U.S. increases return migration to Mexico and decreases monthly earnings for workers in Mexico. The negative earnings effects are largest for workers most similar to return migrants in terms of their demographics, occupations, and employment types, and are consistent with increased labor market competition.

The Price Of Democracy: The Revolutionary Power Of Taxation In American History, Vanessa Williamson

Brookings Scholar Lecture Series

As part of the Brookings Scholar Lecture Series, Brookings Mountain West presented a lecture titled, "The Price of Democracy: The Revolutionary Power of Taxation in American History" by Brookings senior fellow in governance studies, Vanessa Williamson.

From tariffs to “no tax on tips”, taxation has often been a hot topic in American elections. What is not commonly recognized, however, is that—from the framing of the Constitution to the decades-long backlash to the civil rights movement—taxes have been at the heart of battles over the breadth of our democracy. Brookings senior fellow Vanessa Williamson discusses her new book, The Price of …