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Full-Text Articles in Economics

Counties As Catalysts For Change_ Exploring The Economic Costs Of Child Maltreatment Through Its Connection To Incarceration, Kayla Solomon Jan 2023

Counties As Catalysts For Change_ Exploring The Economic Costs Of Child Maltreatment Through Its Connection To Incarceration, Kayla Solomon

Scripps Senior Theses

This study posits the question, what is the relationship between child maltreatment and adult incarceration at the county-level, and how can we utilize an understanding of it to inform child welfare strategies? Child maltreatment is a public health crisis and an obstacle to the United States Economy. Inspired by my high school capstone project on the connection between the foster care and criminal justice systems, I entered this project hoping to add to the myriad of literature that influences child welfare policy throughout California and the broader United States. This project serves to culminate my college career and exemplifies my …


The External Influences On Korea's Monetary Policy, Seh-Beom Koo Jan 2023

The External Influences On Korea's Monetary Policy, Seh-Beom Koo

CGU Theses & Dissertations

The main purpose of this study was to investigate the external influences on Korea’s monetary policy over the period from 1990 to 2020. The focus was on the effects of US interest rates, payments imbalances and exchange rate changes on Korean monetary policy.Two types of measures of Korean monetary policy were considered. These are the effects on Korean interest rates and the effects on the domestic money supply and monetary base. The purpose in estimating the basic Taylor rules was to go beyond unconditional estimates of pass through from US to Korean interest rates and to attempt to control for …


Factors That Enable Or Hinder The Transition Of Some Gulf Cooperation Council (Gcc) Countries To Green Energy, Verkine Keukpanossian Jan 2023

Factors That Enable Or Hinder The Transition Of Some Gulf Cooperation Council (Gcc) Countries To Green Energy, Verkine Keukpanossian

CGU Theses & Dissertations

Gulf Cooperation Council (GCC) countries continue to play a strategic role in the global energy system. They account for a fifth of the global oil production and enjoy relatively high GDP per Capita, and their economies heavily rely on oil-producing and exporting at a time when the West is pushing towards net-zero, low-carbon emissions by 2050. This study focuses on the energy sector and takes a transdisciplinary look at Qatar, Saudi Arabia, and the United Arab Emirates (UAE) and tries to understand how these rentier monarchies that have built a solid global comparative advantage in producing and exporting oil and …


Who Votes And Why: Economic And Psychological Predictors Of Political Participation, Rhea Malhotra Jan 2023

Who Votes And Why: Economic And Psychological Predictors Of Political Participation, Rhea Malhotra

Scripps Senior Theses

At the centre of democracy lies the right to vote. The United States of America is considered to be an emblem of democracy, so voting is naturally a topic of discourse in colloquial spheres especially given the long fight for equal voting access. In general, voting is a way for citizens to advocate their needs, interact with contemporary society, and prove their affiliation with their country. That being said, the individual reasons to vote differ from citizen to citizen, but patterns may still exist which is why it is important to explore which variables can predict voting outcomes. By doing …


Conspicuous Wellness: How Acquired Identities Affect Conspicuous Consumption, Katherine S. Eu Jan 2023

Conspicuous Wellness: How Acquired Identities Affect Conspicuous Consumption, Katherine S. Eu

Scripps Senior Theses

This research provides evidence that individuals will conspicuously consume based on their acquired identities, which parallels similar conclusions drawn for conspicuous consumption based on ascribed identities. Using data from 653 respondents, I found positive marginal effects of the “that girl” wellness identity on product choices, accounting for an individual’s potential higher willingness-to-pay, demographics, and speed of making product choices. I conclude that the more an individual associates themselves with an identity, the higher the likelihood of choosing products which align and signal membership in an identity subculture.


Heterogeneity In The Covid-19 Pandemic’S Labor Market Effects, Carlos Montelongo Jan 2023

Heterogeneity In The Covid-19 Pandemic’S Labor Market Effects, Carlos Montelongo

CMC Senior Theses

In the wake of the COVID-19 pandemic, labor market outcomes in the United States drastically changed as the country entered its first recession since the Great Recession. The lives of millions of Americans became upended as economic shutdowns and lockdown orders spread across the United States. This paper attempts to quantify and examine the heterogeneity of employment trends before, during, and after the COVID-19 pandemic along the following four dimensions: race/ethnicity, gender, education, and age. By using cross-sectional data from the Current Population Survey, I gathered a representative sample of different demographic groups in the United States. My objective is …


Essays In Behavioral Economics: Lying And Deception, Shanshan Zhang Jan 2023

Essays In Behavioral Economics: Lying And Deception, Shanshan Zhang

CGU Theses & Dissertations

The U.S. economy loses hundreds of millions of dollars in tax revenues, wages, and investment dollars, as well as hundreds of thousands of jobs each year due to dishonest behavior (Mazar and Ariely, 2006; Griffin et al., 2022). Thus, understanding dishonest behavior and finding mechanism to effectively reduce dishonest behavior are of great relevance to policy makers and the economy in general. This dissertation studies deceptive behavior and the relevant factors using online experiment, observational data, and field experiment in three chapters, respectively. Chapter 1 studies the effect of interaction with a machine (voicebot) on dishonest reporting. We conducted an …


Three Essays In Behavioral Economics And Macroeconomics: Unraveling Celebrity Influence On Philanthropy, Racial Disparities In Donation Decisions During The Covid-19 Pandemic, And The Impact Of Foreign Direct Investment On Economic Growth In Saudi Arabia, Rawan Khalid Alothaim Jan 2023

Three Essays In Behavioral Economics And Macroeconomics: Unraveling Celebrity Influence On Philanthropy, Racial Disparities In Donation Decisions During The Covid-19 Pandemic, And The Impact Of Foreign Direct Investment On Economic Growth In Saudi Arabia, Rawan Khalid Alothaim

CGU Theses & Dissertations

This dissertation encompasses three chapters. Two delve into behavioral aspects of charitable donations during the COVID-19 pandemic, investigating celebrity influence and racial disparities, as well as risk preferences. The third chapter shifts to macroeconomics, examining the relationship between Foreign Direct Investment (FDI) and economic growth in Saudi Arabia over a long-term horizon. The first chapter investigates the effectiveness of celebrity endorsements on charitable giving during the COVID-19 pandemic. Participants' donation decisions were compared after exposure to celebrity and non-profit expert endorsements. Logistic regression and Ordinary Least Squares regression were used to analyze the impact of independent variables on the likelihood …


An Analysis On How Housing Status Influences The Gut-Brain-Axis For Populations In And Around The Skid Row Area Of Los Angeles, California, Mauricio Guzman Jan 2023

An Analysis On How Housing Status Influences The Gut-Brain-Axis For Populations In And Around The Skid Row Area Of Los Angeles, California, Mauricio Guzman

Pitzer Senior Theses

Over recent years, the “microbiota-gut-brain axis” (MGBA) has garnered significant attention in the scientific community. Specifically, perturbations of the MGBA via stress and dietary intake have been linked to a wide-range of diseases including gastrointestinal diseases, metabolic diseases, mood disorders, and cognitive diseases. However, most studies have been solely conducted on mice models and have yet to consider the more complex, intricate systems that impact the human body. In addition, researchers have yet to consider the populations who may be most susceptible to chronic stress and negative dietary outcomes. Drawing from the fields of medical sociology, non-invasive human biology, and …


Uncovering The Effects Of The Freedman's Bank Failure On Personal Property: An Analysis Of Newly Obtained Data From Kentucky And Georgia, Hannah Fowler Jan 2023

Uncovering The Effects Of The Freedman's Bank Failure On Personal Property: An Analysis Of Newly Obtained Data From Kentucky And Georgia, Hannah Fowler

Scripps Senior Theses

The Freedman's Savings and Trust Company (the Freedman’s Bank), collapsed in 1874, resulting in the loss of savings for many African American depositors. This study uses a difference-in-difference analysis to investigate the impact of the closure of the Freedman's Bank on the economic well-being of African American taxpayers in Georgia and Kentucky during the Reconstruction era. The analysis did not identify a statistically significant treatment effect; however, it highlights the potential of previously unused archival data sources for future research. The study also draws attention to the need for more comprehensive and rigorous research in this area, in order to …


Boom And Bust: Job Churn In The Technology Industry In The Covid-19 Pandemic Era, Aliza Mayer Jan 2023

Boom And Bust: Job Churn In The Technology Industry In The Covid-19 Pandemic Era, Aliza Mayer

Scripps Senior Theses

Layoffs in the technology sector since 2021 have dominated news cycles and raised concern amongst everyone, from investors to employees. However, there is limited literature regarding the reasoning behind these layoffs and whether they really are as concerning and dramatic as our modern-day news has expressed. In this paper, I examined the historical trends of employment and contributing factors and discerned that the current wave of layoffs has occurred for a few reasons. In the past, the technology sector has been very strategic with hiring and only does so when revenue permits. However, during the pandemic, the technology sector became …


Capital Controls And Banking Crises In Emerging Markets, Xizhen Huang Jan 2023

Capital Controls And Banking Crises In Emerging Markets, Xizhen Huang

CGU Theses & Dissertations

There is limited research studying the relationship between capital controls and banking crises and the existing research has mixed results. We argue that the results may depend on the measurement of capital controls. Previous research used a broad index of capital controls, but this may lead to imprecise results due to their inability to account for the possible differences in the effects of different types of capital controls and capital flows. We also argue that the relationship may depend on political and institutional factors, such as institutional quality and other economic policies like macroprudential policies and exchange rate regimes. In …


The Scope For Monetary Autonomy In Hong Kong And Singapore, Shan Xue Jan 2023

The Scope For Monetary Autonomy In Hong Kong And Singapore, Shan Xue

CGU Theses & Dissertations

The monetary trilemma autonomy has been at the heart of a great deal of international monetary analysis. It implies that countries with fixed exchange rates and no capital controls will lose monetary autonomy. What is often not recognized, however, is that the trilemma need not hold in the short run. If capital mobility is less than perfect, then countries can sterilize reserve flows and maintain a degree of monetary autonomy in the short run. Hong Kong is a natural case to test this possibility since it has a credibly fixed exchange rate against the dollar and no major capital controls. …


Neo-Whorfian Examination Of Cross-Linguistic Temporal Discounting Behavior, Piper Connelly Jan 2023

Neo-Whorfian Examination Of Cross-Linguistic Temporal Discounting Behavior, Piper Connelly

Scripps Senior Theses

This study examines differences in temporal discounting tendencies in German and French participants (recruited through Amazon Mechanical Turk) through the lens of Neo-Whorfian cognition and the Linguistic Savings Hypothesis (Chen 2013). The LSH proposes that tendencies towards future-oriented economic decisions can be cognitively explained by literal morphosyntactic conventions of one’s native language. Our experiments (sooner-smaller/larger-later choices, endowment-investment task) failed to produce results aligning with the LSH, but uncovered the importance of controlling for risk appetite when specifically investigating intertemporal choice. There are several fruitful improvements to consider for the future, such as stricter sampling, taking richer detail of time preferences, …


The Subscription Video-On-Demand Industry – Past, Present, And Future, Emily Anderson Jan 2023

The Subscription Video-On-Demand Industry – Past, Present, And Future, Emily Anderson

Scripps Senior Theses

In the past few years, we have seen a massive change in television viewing habits. More Americans subscribe to video streaming services than to cable and satellite, and most subscribe to several. While the streaming industry is rapidly growing, it is unclear where the industry is heading, and projections in the literature vary. Using data I collected and aggregated into original data sets, I explore the evidence to uncover patterns and trends. Specifically, I analyze the pricing strategies that select streaming services have used over time. My research focuses on six popular subscription video-on-demand services with similar organizational structures: Netflix, …


Esg Scores As A Measure Of Risk: The Relationship Between Environmental, Social, And Corporate Governance Ratings And The Financial Performance Of U.S. Oil And Gas Companies, Lauren Kim Jan 2023

Esg Scores As A Measure Of Risk: The Relationship Between Environmental, Social, And Corporate Governance Ratings And The Financial Performance Of U.S. Oil And Gas Companies, Lauren Kim

Scripps Senior Theses

This study investigates the association between ESG (environmental, social, corporate governance) scores on the financial performance of U.S. oil and gas companies, an industry facing significant ESG-related pressures. ESG scores evaluate a firm’s environmental impacts, social responsibility, and corporate governance practices and can be used as a form of evaluating a firm’s risk mitigation efforts. However, there is not sufficient evidence to conclude that there exists a relationship, positive or negative, between ESG scores and firm performance in this industry. Overall, the findings of this study highlight the growing interest in ESG investing and is useful for investors and firms …


Reality Tv’S Place In The Entertainment Landscape: A Look Into The State Of Contemporary Media Costs, Lila Rose Beckford Hoge Jan 2023

Reality Tv’S Place In The Entertainment Landscape: A Look Into The State Of Contemporary Media Costs, Lila Rose Beckford Hoge

Scripps Senior Theses

Previous literature has confirmed that reality television is less expensive to produce than scripted. This paper investigates both how production costs have developed overall, and how and why they differ between the two genres of scripted and unscripted television. After interviewing professionals in the industry, the results shed light on how the production processes have key differences, perhaps most important being the writer’s presence or lack thereof. The results expose reality television’s function in streaming platforms as retainment content. Streaming platforms are also examined as a catalyst for change in the industry’s landscape, bringing many disruptions along with them. Ad-based …


Heaven? Is It Worth It?: The Effect Of Belief On Religious Participation And Signaling, Claudia R. Chin Jan 2023

Heaven? Is It Worth It?: The Effect Of Belief On Religious Participation And Signaling, Claudia R. Chin

Scripps Senior Theses

Religion has long been a subject that baffles economists because of its seemingly inefficient requirements. It is hard to get one's mind around why an individual would be willing to give up secular commodities for religion, or face the strict entry costs and stigma society associates with the religion. Although many reasons have been suggested, the most widely accepted solution to why we engage in these behaviors is Religious Signaling Theory (RST). RST argues that people engage in these ineffective costs as a way to signal their commitment to the religion, and religions were utilized by society to enforce these …


Why Have There Been No Rich Women Artists? Examining The Gender Price Discount In The Contemporary Auction Market For Early Twentieth Century Mexican Avant-Garde Art, Lucy P. Bloomstran Jan 2023

Why Have There Been No Rich Women Artists? Examining The Gender Price Discount In The Contemporary Auction Market For Early Twentieth Century Mexican Avant-Garde Art, Lucy P. Bloomstran

Scripps Senior Theses

This paper examines the gender price discount for early twentieth-century Mexican avant-garde art in the contemporary auction market. A premium for art by men is established through the econometric analysis of a dataset of auction transactions taking place at major American and Mexican auction houses between 2000 and 2022. After this price discount for women’s art is established, a deep delve into gender discrimination in the creation and exhibition of Mexican Muralism and Surrealism is presented to provide possible art historical explanations for the results of the regression analysis.


An Investigation On Wage Penalties: The Effect Of Foreign-Born Status On Employee Wages, Salaries, And Incomes In The United States And Canada, Lucy C. Dustman Jan 2023

An Investigation On Wage Penalties: The Effect Of Foreign-Born Status On Employee Wages, Salaries, And Incomes In The United States And Canada, Lucy C. Dustman

Scripps Senior Theses

This paper investigates whether there is a wage penalty that negatively affects foreign-born employees in the United States and Canada, addressing the following two questions: (1) Does being a foreign-born employee result in a wage penalty in the United States and Canada? And if so, (2) How does this penalty differ across the two countries over time? With data collected from the Integrated Public Use Microdata Series (IPUMs), four separate multiple linear regression models are estimated to compare the presence of wage penalties across various industries and occupations. These analyses cover the following comparisons: the United States in 1990 and …


Understanding Financial Inclusion: A Comparative Analysis Of Financial Mechanisms In Uganda, Amari Huang Jan 2023

Understanding Financial Inclusion: A Comparative Analysis Of Financial Mechanisms In Uganda, Amari Huang

CMC Senior Theses

Financial inclusion is a critical means of empowering individuals to improve their own lives, and Uganda provides an excellent case study for examining various financial mechanisms in a developing country context. This thesis investigates four such mechanisms: formal banks, microfinance institutions, mobile money, and contribution clubs. The analysis is conducted using five criteria to evaluate their level of inclusion: (1) quantitative coverage, (2) standard of living, (3) gender, (4) education, and (5) social capital. The findings of this research suggest that the examined financial institutions can be seen as steppingstones, with each leading to the next, from contribution clubs to …


Using The Gravity Model To Determine The Impact Of Hallyu On International Students’ Decisions To Attend South Korean Universities, Sojeong Kang Jan 2023

Using The Gravity Model To Determine The Impact Of Hallyu On International Students’ Decisions To Attend South Korean Universities, Sojeong Kang

CMC Senior Theses

This paper attempts to investigate the impact of Hallyu on international students’ decisions to attend South Korean universities using the gravity model. Specifically, the Poisson pseudo maximum likelihood (PPML) gravity model was used to study the effect of the Korean Wave. The data was collected in 195 countries from 1999 to 2019. The results show that Hallyu influenced international students’ decisions to choose a South Korean university at a statistically significant level. More specifically, the Korean Wave had a statistically significant impact on international students attending one of the top 5 Korean universities, as well as enrolling in universities located …


The Effect Of Free Trade Agreements On Innovation: Evidence From Us Bilateral Free Trade Agreements With Australia, Chile, Singapore, And South Korea, Cameron Stevens Jan 2023

The Effect Of Free Trade Agreements On Innovation: Evidence From Us Bilateral Free Trade Agreements With Australia, Chile, Singapore, And South Korea, Cameron Stevens

CMC Senior Theses

This paper combines two datasets to identify the effect of joining a bilateral Free Trade Agreement with the United States on innovation in four select countries: Australia, Chile, Singapore, and South Korea. Using an probability concordance developed by Lybbert and Zolas (2014), I map the number of patents recorded by the World Intellectual Property Organization (WIPO) into four digit North-American-Industry-Classification-System (NAICS) codes, which are then combined with industry level trade data from the US International Trade Committee (USITC). Using a difference-in-differences regression model, I estimate that joining an FTA increases the number of annual patent filings by 44 in a …


Guns And Fatal Police Shootings: Accuracy Of Firearm Prevalence Proxies In A Panel Data Analysis, Corin Elmore Jan 2023

Guns And Fatal Police Shootings: Accuracy Of Firearm Prevalence Proxies In A Panel Data Analysis, Corin Elmore

CMC Senior Theses

This paper explores the relationship between gun prevalence and fatal police shootings in the United States. Specifically, the study assesses the validity of using FSS (Firearm Suicides Per Total Suicides) as a proxy for gun prevalence. It examines whether FBI background check data can be a more reliable alternative. Through a panel data analysis, the study provides moderate evidence that FBI background check data performs better than FSS as a proxy for gun prevalence and that the relationship between firearm prevalence and fatal police shootings is positive. Additionally, the study finds that instrumenting FSS with background check data to account …


Assessing The Health Effects Of Burn Ban Policy Implementation: Evidence From Texas Counties, Jatin Suri Jan 2023

Assessing The Health Effects Of Burn Ban Policy Implementation: Evidence From Texas Counties, Jatin Suri

CMC Senior Theses

I exploit county-level variation in burn ban policies to estimate the effect of burn bans on respiratory disease mortality rates in Texas counties from 2008 to 2020. Using a fixed effects regression model that controls for year and county fixed effects, as well as drought index, firefighting resources, and aging population, I find that burn bans decrease respiratory disease mortality rates by 7 people per 100,000 in the year when the policy is implemented and reduced mortality rates, due to burn ban implementation, persist over a 3-year period. This result is statistically significant (p-value <.05) and provides a novel contribution to an area largely overlooked in previous literature. While previous studies have mainly focused on the economic and environmental effects of burn bans, this research specifically investigates the health outcomes associated with county-level burn bans. Additionally, this study provides evidence of the persistence of the benefits of county-level burn bans over a 3-year period. This contribution to the literature sheds light on the sustained benefits of implementing and enforcing burn bans, which has not been previously explored in prior research.


Playing To Win: The Effects Of Implementing Gamification Strategies In Product Marketing, Sabrina Stone Jan 2023

Playing To Win: The Effects Of Implementing Gamification Strategies In Product Marketing, Sabrina Stone

CMC Senior Theses

Let’s play a game. What effect do you think video games have on twenty-first-century marketing? In this age defined by its nature of digitality, capturing the attention of consumers is an arduous competition. Through market segmentation, research, and the observable variables of consumer behavior, product marketing has turned to video games as a solution to appeal to younger demographics. Gamification is an increasingly applied product marketing strategy employed to increase favorable metrics. Of those key performance indicators (KPIs), boosted measures such as click-through rates, impressions, and engagement rates suggest that gamification is a strategic opportunity to persuade consumers to take …


Metrics At 8,000 Meters: Determinants Of Summit Success In The Himalayas, Alyssa Gallagher Jan 2023

Metrics At 8,000 Meters: Determinants Of Summit Success In The Himalayas, Alyssa Gallagher

CMC Senior Theses

This paper examines the determinants of success for individuals summiting 8,000-meter Himalayan peaks from 1995 to 2019. Using binary logistic regressions, this paper presents evidence that a climber’s citizenship is a highly significant determinant of success. Chinese citizens are clear outliers with 192% more odds of success than an American. The success rates related to season, gender, and year all conform with existing research, justifying the robustness of the citizenship trends. Despite controlling for per capita income, the results assert that wealth may not be an important determinant of success and provokes interesting questions as to what factors may influence …


The Economic Impact Of H1b Visa Approvals On Industry Specific Gdp, Tarika Dorairaj Jan 2023

The Economic Impact Of H1b Visa Approvals On Industry Specific Gdp, Tarika Dorairaj

CMC Senior Theses

This thesis examines the relationship between H1B visa approvals by industry and industry-specific GDP in the U.S. To example the economic impact of H1B visa approvals, a fixed effects model has been used on a panel dataset comprising of the top 10 employers in each NAICS industry, over the period 2010 to 2022. The results indicate that an increase in Industry H1B visa approvals is associated with a significant and positive increase in Industry GDP. In particular, an increase in H1B approvals in Finance and Insurance, Healthcare, Information, Professional, Scientific and Technical Services, and Real Estate have a positive and …


A Philosophical And Empirical Investigation Into Buddhist Economics, Hannah Doyle Jan 2023

A Philosophical And Empirical Investigation Into Buddhist Economics, Hannah Doyle

CMC Senior Theses

There is a growing body of literature on Buddhist economics from a philosophical perspective; however, no work to date has sought to empirically validate it as an effective economic theory at a global scale. In my paper, I draw on the long history of Buddhist metaphysics to construct an account of Buddhist ethics and then proceed to derive a set of Buddhist economic principles. I draw on the World Happiness Report’s methodology to quantitatively demonstrate the relationship between Buddhist economic principles and the psychological wellbeing of a country’s citizens, as measured through their own evaluation of their quality of life …


Impact Of Recessions And The Business Cycle On Altruism, Nicolas De Mello Jan 2023

Impact Of Recessions And The Business Cycle On Altruism, Nicolas De Mello

CMC Senior Theses

I examine how recessions and the business cycle impact the time individuals allocate to altruism, using American Time Use Survey data from 2002-2019. The aim of the paper was to create a measure of altruism to explore changes in attitudes towards charity and altruism instead of the financial ability to do so. Additionally, I want to understand how economic shocks, such as recessions, impact behaviors and habits across the US population. Using ordinary least squares and the Tobit model, I created two models to capture both changes during and after recessionary periods. The first model is a regression of individuals’ …