Economics Commons^™

Credence Goods In Markets With Collective Reputation: Nature Of Equilibria And The Value Of Certification, Erin Krupka, Thomas P. Lyon, Arnab Mitra

Economics Faculty Publications and Presentations

Fraud can cause markets for credence goods to collapse, but collective reputation has been suggested as a potential solution, especially when buyer valuations for quality are high. We develop a discrete model of a market for label credence goods and provide conditions for no-fraud equilibria based on collective reputation. We identify conditions under which all equilibria may be asymmetric or involve mixed strategies and hence sellers may face coordination problems. Our analysis suggests such coordination problems are the greatest when the size of the high-quality market is approximately half of the overall market (that incorporates both high- and low-quality goods), …

Trapped In Transition: Structural Change And Political Dynamics In Middle-Income Countries, Gabriel Duvidovich

Dissertations and Theses

The middle-income trap literature has examined why relatively few middle-income countries transition to high-income status. A range of explanations has been proposed, but the political dimension has often been overlooked. Studies that take a political perspective often focus on institutional form rather than the state’s ability to effectively implement policy. This study addresses this gap by bringing political capacity to the center of the analysis. It argues that political capacity appears important for the productive upgrading required for sustained growth in middle-income economies and shapes economic growth trajectories across countries at different income levels.

The empirical analysis uses country-period panel …

Testing Potential Correlations Between Childhood Lead Exposure And Authoritarianism In Adulthood, Kragen Anderson

University Honors Theses

A significant body of research links lead exposure during childhood to negative effects ranging from increased impulsivity to societal level effects such as an increased likelihood of committing violent crime in adulthood. Due to exposure vectors such as lead water pipes, lead solder, lead based paints, and leaded gasoline there was significant lead exposure during childhood for large portions of the American population. This paper tested and found a statistically significant association between average population level lead exposure in childhood and likelihood of voting for candidate Trump later in life.

Psychological Architecture: Evaluating The "Greenhouse Model" As A Structural Standard For Lgbtq+ Well-Being, Ava Lee

University Honors Theses

Traditional LGBTQ+ mental health frameworks often conceptualize psychological safety as a matter of individual endurance. This paper critiques this focus on adaptive resilience, which systematically shifts responsibility from institutions to individuals. To counter this, the study introduces "Psychological Architecture," a framework viewing social environments as constructed infrastructures that can either support or undermine queer well-being. The model contrasts performative "Glasshouses," which prioritize visibility over safety, with engineered "Greenhouses" that nurture sustainable safety through three sequential pillars: Authentic Representation (walls), Emotional Validation (insulation), and Vocal Activism (ventilation).

Grounded in the findings of a 2024 qualitative pilot study of a queer roller …

The Cleansing Effect Of Technological Investment: An Empirical Analysis Of Episodic Labor Market Polarization (2000–2010), Adam Murphy

University Honors Theses

This paper investigates the episodic nature of labor market polarization in the United States between 2000 and 2010. While the Skill-Biased Technological Change (SBTC) framework may have successfully explained the rise of inequality in the 1980s, it struggled to account for the wage stagnation and hollowing out of the middle class that followed in the 1990s and 2000s. Utilizing Task-Biased Technological Change (TBTC) as a primary lens, this study examines how the codification of routine tasks allowed for the widespread substitution of middle-skill labor by technological capital. By synthesizing IPUMS-CPS occupational data with Bureau of Economic Analysis (BEA) investment statistics, …

Expectations And Realities In Primary Care Appointment Access In The United States: A National Study, Brigham Walker, Ethan Tsai, Alexandra Shimanovsky, Edel Doherty, Sarah E. Tinkler, Rajiv Sharma

Economics Faculty Publications and Presentations

Objective: While patients expect timely appointments, little is known about how accurately patient expectations reflect the realities of access to a primary care physician.

Methods: We deployed a national survey (N = 6119, conducted in 2021) to measure patient expectations and a separate national field experiment (N = 11,016, conducted between 2013 and 2016) where trained research assistants called physician offices seeking an appointment to measure physician availability.

Results: Using multivariate regression analyses, we find that patients expected to call 1.9 physicians to secure an appointment, consistent with an appointment offer rate of 49%. However, expectations of 5.4 days wait …

From Reclamation To Restoration: Remaking Nature On Portland's Peninsula, Theus Richards

University Honors Theses

This environmental history of the North Portland Peninsula is a critical case study of a landscape in transition, where new "natures" have been constructed through shifting projects of reclamation and restoration. The Port of Portland, who controlled the Peninsula, transformed the marshy bottomlands near the confluence of the Columbia and Willamette Rivers to accommodate greater networks of industrial infrastructure and expand their capacity for global trade. Beginning in 1967, the Port began dredging operations to fill Ramsey Lake to make way for the construction of Rivergate Industrial District. Through this process, Smith & Bybee Lakes were set aside as a …

Drowning Prevention In The West: Who Did It Better?, Arran Hedley

University Honors Theses

This paper aims to communicate the differences on how the US, UK and Australia have approached drowning prevention in each of their nations. This paper addresses drowning statistics within each nation, national, state and local policies, access to public facilities, and the preventative strategies, swim lessons and Lifeguarding. These are the criteria each nation is being graded upon, because each criteria is a factor that can help mitigate drowning deaths.

For literature around this subject, there are many papers on each individual nation's approach to drowning but in researching there does not appear to be a comparison of the nations' …

Global Shocks, Institutional Development, And Trade Restrictions: What Can We Learn From Crises And Recoveries Between 1990 And 2022?, Joshua Aizenman, Hiro Ito, Donghyun Park, Jamel Saadaoui, Gazi Salah Uddin

Economics Faculty Publications and Presentations

The Global Financial Crisis and the COVID-19 pandemic were two major shocks to the world economy in the 21st century. In this study, we analyze the patterns of recessions and recoveries of 101 advanced and developing economies. We identify the turning points of recessions and expansions between 1990 and 2022, and perform cross-country analysis of domestic and external drivers of economic recovery. In addition to the standard independent variables, we include institutional development, political stability, the extent of democracy, and trade restrictions indexes, and explore their roles in explaining recessions and recovery patterns. For the whole sample, we find that …

Cognitive And Economic Development, John Luke Gallup

Economics Faculty Publications and Presentations

A burgeoning literature has found that early childhood health conditions of individuals have large causal effects on their cognitive development, education and earnings. How much does early cognitive development contribute to the national economy? Although researchers have long studied the role of worker health for economic growth, they have not assessed the role of early cognitive development.

Cognitive ability is the foundation of human capital, affecting both educational attainment and economic growth. The risk factors for poor cognitive development are very high in many countries. Each risk factor also causes child mortality, making child survival a viable proxy for good …

Machine Learning For Economists, John Luke Gallup

Economics Faculty Publications and Presentations

Explication of machine learning algorithms and their usefulness for economic research. The prediction algorithms of Random Forest, Gradient Boost Machines, Neural Networks and Support Vector Machines are built from simple steps applied at large scale to generate surprisingly precise nonlinear estimates. Although useful for processing and interpreting new forms of data, their application to economics research is limited because they do not provide readily interpretable evidence of the causes of outcomes.

Working Paper No. 104, An Gorta Mór: The ‘Great Hunger’ And Irish Immigrant Labor In 19th Century America, Amanda Bergeson

Working Papers in Economics

This inquiry seeks to establish that portions of the population of Ireland -- responding to what has been referred to in their Celtic language as An Gorta Mór, or in the English language as the ‘Great Hunger -- took to emigrating en masse and therewith contributed bigly to the expansion of America’s labor supply. Bolsterd by Irish immigrants, this expanding mid-nineteenth century labor force provided for an abundance of workers needed for a broadly based industrialization, that would also lead to large-scale urbanization as well as a host of changes in this nation’s social fabric. Of note is that …

Working Paper No. 105, John Locke And The American Experiment, Riley Sharps

Working Papers in Economics

This inquiry seeks to establish that ideas advanced by the Englishman John Locke, regarding private property, natural rights, as well as a social contract for relations between authorities and governed, influenced the American experiment at its founding. Locke’s novel understanding regarding private property greatly influenced leaders railing against British dominance. His ideas were picked up by founding figures such as John Adams, Thomas Jefferson, as well as James Madison, and Thomas Paine. Through their leadership, in particular, Locke’s ideas were carried forward and served as the inspiration behind key concepts appearing in this new nation’s founding documents. First appearing in …

Working Paper No. 106, The Rise And Fall Of Whaling In Early America, Miranda Rehaume

Working Papers in Economics

This inquiry seeks to establish that whaling activities -- and later a whaling industry -- would play important roles in the economic development of the colonies that would, with time, form into the United States of America. Drawing from historical accounts, this inquiry explores how whaling emerged as a cornerstone of the colonial, New England economy as well as the early American transatlantic trade. It shall be argued that the industry’s prosperity was driven by capital investments that included the development of specialized ships and equipment, driven by the colonists’ determination to make the whaling industry prosper. However, repeated disruptions …

From Cafes To Competitiveness: The Influence Of Amenities On Office Values And Suburban Economic Development In Portland, Or, Jihye Kang

Dissertations and Theses

This dissertation examines the spatial and economic implications of urban amenities in the formation of suburban office markets in the post-pandemic period. The research applies principles from agglomeration theory, spatial econometrics, and urban planning to analyze the statistical relationships between amenity distribution, rent formation, and location behavior across central and non-central submarkets.

The research consists of three integrated papers focused on the Portland–Vancouver–Hillsboro, OR–WA Metropolitan Statistical Area (MSA). The first paper employs spatial econometric modeling, specifically a Spatial Autoregressive Model with Autoregressive Disturbances (SARAR), to examine the relationship between proximity to cafés and office rent levels in Portland’s central business …

Voting Under Contradictory News, Arnab Mitra, Quazi Shahriar

Economics Faculty Publications and Presentations

How much do opposing news sources distort private information and how do voters use distorted contradictory information regarding candidate quality? In a two candidate voting game, we derive and experimentally test an “average-opinion” hypothesis, where two opposingly biased sources, capable of forming an unbiased estimate of candidate quality as well as a distorted estimate within a bound, symmetrically distort their reported estimates in opposite directions, and voters split the estimate difference to decipher the unbiased estimate. Data support the hypothesis and show that voters benefit from sources’ competition, compared to a control treatment without competition. When sources are allowed to …

Gender Differences In Dishonesty When Leaders Make Decisions On Behalf Of Their Team, Kerstin Grosch, Stephan Muller, Holger A. Rau, Lilia Wasserka-Zhurakhovska

Economics Faculty Publications and Presentations

This study examines the ethical dilemma faced by leaders, balancing financial gains and ethical considerations, with a focus on gender differences. We experimentally study such a dilemma in which leaders can benefit their teams at the expense of moral costs from dishonest reporting. We measure, first, individual dishonesty preferences and, second, reporting decisions for teams in a leadership role using outcome-reporting games in a laboratory setting. Individual dishonesty preferences predict men’s propensity to apply for leadership. We further find that women have lower initial dishonesty preferences compared to men but increase dishonesty when assuming leadership roles. A follow-up study indicates …

Surges In The Shadows: Stock-Flow Adjustments And Public Debt Spikes, Leandro Andrian, Cesar Rodriguez, Oscar M. Valencia

Economics Faculty Publications and Presentations

This paper investigates the drivers of public debt surges in 172 countries from 1980 to 2021, focusing on stock-flow adjustments (SFA)—discrepancies between annual debt changes and budget deficits. Using survival analysis methods, we find that a one percentage point increase in the SFA to GDP ratio raises the hazard rate of a debt surge by 16%, with stronger effects in advanced economies (28%) compared to emerging markets (15%). Conditional on an increasing debt trend, higher SFA significantly increase the probability of a debt spike materializing. We address potential self-selection with an IV approach based on fiscal transparency, emphasizing that accurate …

Working Paper No. 100, Social Realism And Socialist Realism, Amanda F. Worman

Working Papers in Economics

This inquiry sees to establish that as a genre, “social realism” reflected values of the American system of market capitalism out of which this art style emerged. During the same timeframe, what has been categorized as “socialist realism” reflected values of the Soviet system out of which this art style also arose. The “Great Depression” that dogged the American economy and society through the 1930s, as well as the “Iron Fist” rule characteristic of Joseph Stalin’s heavy industrialization drive for Soviet Russia, appears to have promoted and shaped these two distinct but similar art styles under consideration, as responses to …

Working Paper No. 95, Jeremy Bentham And English Common Law, Anastasia Klingler

Working Papers in Economics

This inquiry seeks to establish that in his book, The Theory of Legislation [1802], author Jeremy Bentham (1748-1832) critiqued English Common Law while also posing solutions and alternatives. The first part of this inquiry considers Bentham’s critique of the degrees of vagueness and confusion that could be associated with what is noted as “Common Law” with its emphasis upon the “principle of expectation.” In addition, this inquiry introduces and considers Bentham’s warnings against uses associated with the English legal system and its emphasis upon the importance of “precedent,” as this emphasis is argued to open risks for abuse by courts …

Working Paper No. 97, Business Sabotage In Theory And Practice, Nathan Lewis-Lusso

Working Papers in Economics

This inquiry seeks to establish that theoretical advances offered earlier on by one Karl Marx and some decades later by one Thorstein Veblen offer insights into forms of business sabotage. Drawing upon their writings, this inquiry considers how in the writings of Marx, already in the mid-nineteenth century surplus value extraction and pecuniary sabotage serve as structural features found in a market-based economy. Marx’s consideration of surplus labor and artificial scarcity reveals how private investment seeks to constrain production in order to preserve and enhance profitability. Veblen’s theory of institutional sabotage complements Marx’s view by showing how firms could delay …

Working Paper No. 98, Selma Mushkin And The Emergence Of The Field Of Health Economics, Sadie Kautz

Working Papers in Economics

This inquiry seeks to establish that through her effective efforts, Selma Mushkin promoted and shaped the field of Health Economics. Perhaps most importantly, she redefined health as a form of human capital that needed to be considered as both essential and integral to economic growth. In her 1958 paper: “Toward a Definition of Health Economics,” she defined the scope of this emerging field through emphasizing how improved resource allocation could lead to efficiency gains. Appearing as her 1962 article in the Journal of Political Economy, with “Health as an Investment” Mushkin advanced the idea that--much like education--public spending on health …

Working Paper No. 102, Knowledge And Power: Towards Anintellectual Biography Of Michel Foucault, Amanda Bergeson

Working Papers in Economics

This inquiry seeks to establish that in his efforts as an intellectual, scholar, and author of books that would include Discipline and Punish [1975], Michel Foucault emphasizes the importance of power and power relations, especially of an authority (such as a sovereign) over the common people. Drawing from Discipline and Punish [1975], this inquiry considers how Foucault’s understanding of genealogy got rooted and shaped by Friedrich Nietzsche’s critique of history; a view which altogether challenged the idea of historical progress, while also revealing the contingent nature of truth. The second section considers how sovereign power evolves into disciplinary mechanisms embedded …

Working Paper No. 103, Russia And The Myriad Of Challenges Associatedwith ‘Relative Backwardness’, Jacob Wood

Working Papers in Economics

This inquiry seeks to establish that over recent of centuries Russia exhibits signs of what is termed as ‘relative backwardness.’ Drawing from Alexander Gershenkron’s (1962, 62-70) understanding of ‘backwardness in historical perspective,’ as well as Karl Marx’s ([1845] 1977, 39-43) concept of ‘historical materialism,’ this inquiry examines how successive Russian regimes sought to close the developmental gap with western countries through state-led modernization efforts. What stands out is that when confronted with attempting deep structural challenges, each leader turned to centralized authority and coercive reforms—not by choice, but out of necessity. Our inquiry considers Nicolas II’s failure to modernize Russia’s …

Working Paper No. 99, Adam Smith And The American Experiment, Cole Soliz

Working Papers in Economics

As the noted author of a tome titled An Inquiry into the Nature and Causes of the Wealth of Nations, Adam Smith [1776] is often cited as a proponent of Laissez-faire capitalism. However, the reality is that his writings offer a more nuanced vision that includes suggesting constraints on economics activity, while encouraging the importance of what he views as state or public institutions. In Smith's writings we find that he speculates that for a perfectly functioning market system to operate effectively depends upon the enforcement of contracts, the protection of property rights, and the maintenance of justice. These, along …

Working Paper No. 101, “Universal Welfare” In Marxist Thought, And Its Implementation During The Era Of The Soviet Union, Eunji Jang

Working Papers in Economics

This inquiry seeks to establish that although in his writings Karl Marx emphasized “Universal Welfare” as a central ideal, its appearance and realization in the Soviet Union was affected by tensions between ideology and the realities of centralized economic control. The first section explores Marx’s vision of universal welfare as a structural component of a post-capitalist society rooted in collective ownership and human emancipation. The second section examines how the Soviet Union institutionalized welfare across sectors such as education, healthcare, housing, and employment, while access to these services was often influenced by labor contribution and political loyalty. The final section …

A Veblenian Approach To Chaos Theory, Isaiah Henry

Hatfield Graduate Journal of Public Affairs

This paper provides a comparative analysis of Veblen's belief in disequilibrium, the field of chaos theory, and how these two frameworks connect. We explore the similarities and differences between Veblen's theories and the principles of chaos theory, including their shared emphasis on complexity and unpredictability. By analyzing the connections between Veblen's economic theories and chaos theory, we can gain a deeper understanding of the nature of disequilibrium and the complex forces that shape our world.

Evaluating Nature-Based Versus Generic Physical Activity Programs To Address Chronic Health Conditions: Lessons From An Oregon (Usa) Pilot Study, Randall Bluffstone, Ma Chan, Cort Cox, Melinda M. Davis, Caitlin Dickinson, Sahan T. M. Dissanayake, Jeffrey D. Kline, Himani Ojha, Sterling Stokes, Srilakshmi Vedantam, Multiple Additional Authors

Economics Faculty Publications and Presentations

Evidence appears to be building that direct exposure to natural landscapes characterized by significant green cover, such as forests, can help to reduce chronic health conditions such as obesity, stress, hypertension, chronic cardiovascular conditions, depression, anxiety, cancer, and diabetes. One way to encourage greater exposure to nature may be through the use of nature prescriptions, whereby clinicians formally recommend (or prescribe) time in nature to their patients. Based on self-reported data, we describe the implementation and lessons learned from a pilot field experiment examining the clinical use of nature-based versus conventional exercise recommendations in rural Oregon. We discuss the potential …

Do Gun-Purchase Waiting Periods Save Lives?, Grace E. Arnold, Mitchell Blaine Priestley

Economics Faculty Publications and Presentations

We study the impact of gun-purchase waiting periods on suicide rates using county-level mortality data from 1991-2019. We find that waiting periods are associated with a reduction in both firearm and overall suicide rates of approximately 5% and 2%, respectively. Novelly, we find that counties that are within 50 miles from a state without a waiting period experience no statistically significant reduction in suicides. Our findings reveal that the decrease in suicides under a waiting period is driven by counties that are more than 50 miles from a non-restricted neighboring state.

Improved Biomass Cookstove Use In The Longer Run: Results From A Field Experiment In Rural Ethiopia, Alemu Mekonnen, Abebe D. Beyene, Sahan Dissanayake, Randall Bluffstone, Zenebe Gebreegziabher, Daniel Lafave, Peter Martinsson, Michael Toman

Economics Faculty Publications and Presentations

This study examines longer-run usage frequency of Mirt improved biomass cookstoves (ICS), one of the most important ICS promoted in Ethiopia. Mirt has been shown to improve childhood health, and reduce fuelwood consumption and greenhouse gas emissions, but to generate those benefits, households must regularly use it over extended periods. Thus, this paper focuses on longer-run use using stove surface temperature data over five time intervals. We find that, close to its estimated lifespan, 63 per cent of households had their stoves in place after more than 3.5 years. Of those who abandoned their stoves, over 80 per cent did …