Economics Commons^™

Dose Higher Socioeconomic Status Associate With Better Mental Health Outcomes Among Primary Caregivers In Rural China?, Wenwen Zhang

Master's Theses

This study explores the intricate relationship between socioeconomic status (SES) and the mental health outcomes of primary caregivers in rural China, focusing on the Early Childhood Development (ECD) context in Ya'an. Anchored in a major intervention project launched in 2023, the study critically examines the hypothesis that higher socioeconomic status correlates with lower levels of negative emotions among caregivers.

Utilizing cross-sectional data, the research investigates how educational attainment and household income influence caregivers' mental health, measured through the DASS-21 score in three dimensions: stress, anxiety, and depression. The findings reveal that higher household income and educational levels are significantly associated …

The Impact Of Index Based Livestock Insurance (Ibli) On Child Nutrition In Marsabit County, Kenya, Jackson Kadyampakeni

Master's Theses

The study uses six rounds of Index-Based Livestock Insurance (IBLI) panel surveys (2009 – 2015) for Northern Kenya’s Marsabit county to investigate the impact of IBLI on child nutrition and household food security. We employ Ordinary Least Squares (OLS) and Instrumental Variable (IV) regressions to account for potential endogeneity in IBLI uptake. The results indicate that while IBLI uptake significantly improves the intake of key nutrients such as Vitamin A, protein, iron, and fruits and vegetables, it does not translate into significant improvements in child nutrition status, as measured by Mid-Upper Arm Circumference (MUAC) z-scores. Significant negative effects of age …

Does Endogamous Marriage Impact Women's Fertility Gaps In India?, Natalya Francis Schafer

Master's Theses

This study aimed to measure the possible impact endogamous (within-family) marriage practices could have on women's fertility gaps in India. Fertility gap in this study is defined as the difference between the ideal number of children a woman desires and the total number of children born to a woman at time of interview. In many developing countries ,such as India, it is common for women to be overachieving their fertility - having more children than desired. Data from the CIA.gov (2024) shows total fertility rates to be highest in developing areas across Sub-Saharan Africa, the Middle East, and India. The …

Exploring The Relationship Between Load Shedding And Crime In Gauteng, Bhavesh Ram

Master's Theses

This study investigates the impact of load shedding, a recurring power outage phenomenon in South Africa, on crime rates in the densely populated Gauteng province. Using a novel dataset that combines Eskom's load shedding schedules with detailed crime statistics from 2015 to 2022, a fixed-effects regression model is employed to examine the relationship between blackout hours and various crime categories. Findings reveal that while load shedding does not significantly affect overall crime rates, it significantly increases the incidence of contact crimes and sexual offenses, particularly during daylight hours. Additionally, our results provide evidence that load shedding diminishes the ability of …

Labors Of Love And Loss: Exploring Relationships In Remitting Latine-American Families, Sequoyah Sv Hilton

Master's Theses

This paper examines the impact remittances have in Latin-American families across borders through qualitative interviews. Remittances, or international transfers of money, are a common support strategy of global migrant communities. There are divergent opinions on remittances, either positioning them as a great potential for developing lower and middle-income countries, or critiquing them as too heavily depended on by states and created as a survival support mechanism by communities to compensate for state neglect. While they are a massive cash flow at the international level, there is a greater need to blend analyses of remittances at the international level at the …

Taking The Bang Out Of The Gang: The Impact Of Catholic Schools On Gang Homicides In El Salvador, Ann Jillian Villanueva Adona

Master's Theses

This study explores the impact of Catholic presence on homicide rates in El Salvador, specifically focusing on the role of Catholic schools in reducing violence in gang-afflicted municipalities. Analyzing municipality-level data from various years, I used Ordinary Least Squares (OLS) and Instrumental Variable (IV) regressions to study the association between school enrollment and homicide rates. Results show that higher enrollment in Catholic schools is linked to a reduction in homicide rates in gang-affected areas, contrasting with an increase in homicides for non-religious schools. This research sheds light on the importance of investing in Catholic education as a strategy for violence …

The Mathematics Of Financial Portfolio Optimization Incorporating Environmental, Social, And Governance Score Information, Ian Driskill

Master's Theses

We numerically investigate the effects that Environmental, Social, and Governance (ESG) scores have on portfolio optimization with Modern Portfolio Theory assumptions and how ESG scores correlate with the market returns of a rated company's stock. Additionally, we review and analyze a research paper published in the Journal of Financial Economics regarding ESG investing titled “Responsible investing: The ESG-efficient frontier” by Pedersen, Fitzgibbons, and Lukasz. Our overall goal is provide insight for socially responsible inclined investors, to help them understand what ESG scores tell us and how those scores may effect their overall investment returns."

The Emerging Impacts Of Tourism On The Economy Of The Kingdom Of Saudi Arabia: A Comparative Study Of Oil And Tourism, Dania Abu Jabal

Master's Theses

Saudi Arabia was heavily dependent on oil, which caused an economic crisis due to the collapse of global oil prices. In 2016, the Saudi government launched Vision 2030 to diversify the Saudi economy and avoid dependence on oil revenues. One aim of Vision 2030 is to initiate numerous tourism initiatives to boost the tourism industry's economic impact, elevating its contribution from 3% of GDP to 10% by 2030.

This paper provides the necessary assessment to understand tourism's role and contribution to the Saudi economy and to determine whether the industry's growth is on the right track. Also, this paper also …

Game Changer: Mobile Apps Leveling Up Field Experiments, Lucie Schulz

Master's Theses

This study investigates the feasibility of digital financial education for microcredit borrowers with limited digital literacy in Eastern Uganda using a mobile game simulating real-world livestock investments. Analyzing 117,870 decisions made by 133 participants across five game sessions, we found a statistically significant increase in decision-making speed, with the speed more than doubling between the first and last game session, indicating growing familiarity with the game interface.

However, the overall error rate of participants increased significantly, possibly due to fatigue or the introduction of more complex financial concepts in higher levels. Additional analysis of the initial decisions at each level …

Effects Of Temperature On Economic Preferences: A Cross-Cultural Laboratory Study Of Prosocial Behavior, Nikita Tkachenko

Master's Theses

In light of the pressing issue of climate change, our study investigates the implications of rising temperatures on social and economic behaviors through a laboratory experiment conducted among students at university sites in Mexico, India, Kenya, Colombia, and the United States. This paper examines the influence of temperature differences and exposure length on economic decision-making among students at university sites in Mexico, Kenya, and the United States. Analyzing data from the dictator game, we explored how temperature, both ambient and wet bulb, and session length affect prosocial behavior. Our results suggest a link between temperature measures and prosocial behavior, with …

Heat & Social Cooperation: The Effects Of Thermal Stress On Altruism, Alexander J. Courtman

Master's Theses

Recent literature has highlighted the effects of temperature on economic outcomes and violence in humans, on both the interpersonal and intergroup levels: as temperatures rise, humans are more likely to exhibit increased aggression and agitation. However, little research has been done on how pro-social behaviors like cooperation and altruism among humans might respond to increased temperatures. As extreme heat events increase in frequency, will humans and communities work together in the face of adverse shocks and crises? Leveraging experimental data collected randomized controlled trails held in 4 locations across the world, this paper seeks to establish a relationship between thermal …

The Impact Of High Temperatures On Child Anthropometric Outcomes Worldwide, Natalia A. Cancino Garcia

Master's Theses

High temperatures caused by climate change significantly impact society, including child nutrition. Our research focuses on the impact of high temperatures on the anthropometric outcomes of children aged 1 to 5 in 54 countries worldwide. We analyze the historical climate and anthropometric data to evaluate the effect of high temperature on weight-for-age (WAZ) and weight-for-height (WHZ) in children. Results indicate that high temperatures negatively affect child nutrition, particularly in areas above 20°C, and children in rural areas are more vulnerable. The impact of monthly temperature on child anthropometric outcomes varies across countries, regions, and cultural practices. Economic status alone is …

Climate & Conflict: View Into A Warming World, Faelynn Carroll

Master's Theses

Unlike weather patterns, the El Niño Southern Oscillation (ENSO) is a large-scale, cyclical climate system that is now predictable for up to a year and a half in advance. ENSO cycles occur every two to seven years for approximately two years at a time, affecting large swaths of the globe with plausibly random variation in the exact location and strength of local effects. However, its systemic nature allows for aggregate effects to be accounted for by its outcomes. This research uses novel 0.5 x 0.5 degree ENSO teleconnection analysis for precipitation and temperature to uncover environmental mechanisms that underly the …

An Empirical Evaluation Of Neural Process Meta-Learners For Financial Forecasting, Kevin G. Patel

Master's Theses

Challenges of financial forecasting, such as a dearth of independent samples and non- stationary underlying process, limit the relevance of conventional machine learning towards financial forecasting. Meta-learning approaches alleviate some of these is- sues by allowing the model to generalize across unrelated or loosely related tasks with few observations per task. The neural process family achieves this by con- ditioning forecasts based on a supplied context set at test time. Despite promise, meta-learning approaches remain underutilized in finance. To our knowledge, ours is the first application of neural processes to realized volatility (RV) forecasting and financial forecasting in general.

We …

Impact Of Long-Term Trauma Exposure On Competitiveness And Generosity, Anchal Khandelwal

Master's Theses

: Although half of all nations in the world have experienced armed conflict in the last 50 years, there is still a glaring lack of evidence on the persistent human costs of these conflicts. We exploit the quasi-random variation in abduction (Blattman and Annan 2009) and establish a control (neighboring) sub-county based on the intensity of exposure by the Lord’s Resistance Army in Northern Uganda to investigate the long-term impact of trauma exposure on competitiveness and generosity. We do this by conducting lab-in-field experiments on a sample of adult North Ugandan women and find that trauma exposure reduces competitiveness in …

Charity Begins At Home: Investigating How Culture Shapes In-Group Bias In Altruistic Behavior, Angira Shukla

Master's Theses

The paper builds a structural model of altruistic transfers based on identity matches with another individual and estimates the weights that people place on the characteristic matches. We also take a comparative look at the role of culture in these transfers. The culture here is trying to contrast a traditional society versus a cosmopolitan one. I run an experiment in India to examine these differences. I find that in both the urban and rural samples individuals tend to give more to girls and donate largely on the basis of the need of the receiver. I also find that the rural …

Political Economy Of General Normative Force In The Paris Agreement, Jonah B. Jellesed

Master's Theses

The Paris Agreement revolutionizes international cooperation in addressing the urgent threat of climate change. However, its status as an emerging system of global climate governance remains largely unexplored. Drawing on HLA Hart's legal theory, we apply a straightforward test to determine its significance, revealing the Paris Agreement as evidence of a new international legal order. This has far-reaching implications, particularly in the realm of political economy. Unlike previous analyses that merely consider whether a state is a signatory to the agreement or not, our innovative approach delves deeper into countries' commitment. Our analysis shows high compliance levels among populations in …

Charcoal, Droughts, And Deforestation: Evidence From Mozambique, Kaitlin N. Paull

Master's Theses

Mozambique is prone to harsh weather conditions due to its geographic location, and these conditions are expected to worsen in the face of ongoing climate change. Many of Mozambique’s farmers rely on rain-fed agriculture, meaning their livelihoods are highly vulnerable to worsening weather trends. Some farmers have diversified their incomes with charcoal production, making use of Mozambique’s abundant forest resources. This study measures how reliance on charcoal as an income diversification strategy affects forest loss, and found inconclusive effects of rainfall on deforestation. However, the study does find that a one-unit increase in hot degree days increases the probability of …

Sweet And Timely Insurance: The Role Of Honey In Reducing Coffee Producer Food Insecurity Exposure In Mexico, Grant Xavier Storer

Master's Theses

Smallholder coffee producers face a combination of pre- and post-harvest risk factors that leaves them particularly vulnerable to food insecurity. A popular form of on-farm diversification is honey production through beekeeping, that has both nutritional and commercial value. This study investigates the role of honey production as means of food security management due to the heightened pollinating activity during the coffee flowering stage that follows the annual coffee harvest provides an additional non-contemporaneous source of income. Using primary data collected in coffee-producing regions of Chiapas, Mexico, I find that during the honey harvest months, which occurs during the early stage …

Impacts Of Rising Temperatures On Human Behavior With A Focus On Gender Differences, Stephanie Marie Emilia J. Hermoso

Master's Theses

Climate change is one of the biggest and most pressing issues the world is facing today. While its economic implications are substantial, it is also important to investigate the effects of climate change on human behavior. This paper examines the relationship of rising temperatures and its effect on an individual’s cooperative behavior – specifically egalitarianism, generosity, selfishness, and spite. This study will focus on the differences between how males and females react to the temperature. Research indicates that there are substantial behavioral differences between men and women. How do the economic decisions of men and women differ when interacted with …

Ties That Bind: Allomaternal Care And Cooperation Among Matrilocal And Patrilocal Northeast Indian Tribes, Shreeja Guha

Master's Theses

Why do humans cooperate? Given the extensive range of literature from various disciplines on the puzzle of human cooperation, there is no one answer to that question. In this paper, I look at whether childcare provided by individuals other than the genetic mother, i.e. allomaternal care, can be one possible explanation for the evolution of human cooperation, especially in small communities with no formal childcare. The data for this study comes from field experiments & surveys conducted with a sample of 416 mothers and fathers from matrilocal and patrilocal tribes in North-east India. I present evidence that allomaternal care plays …

Early Life Exposure To Enso And Adult Human Capital, Ashley J. Stewart

Master's Theses

Do El Niño Southern Oscillation conditions during a woman's early childhood lead to negative health outcomes in adulthood? This study poses as an extension of the 2021 paper by Anttila-Hughes et al. titled “ENSO impacts child undernutrition in the global tropics” and utilizes data from the same DHS, UDEL temperature and precipitation, and NOAA Center for Weather and Climate Prediction datasets. It proposes to investigate whether the undernutrition effects found in children persist into adulthood by measuring the effects on their mothers and the intergenerational effects on their offspring. Results indicate that a 1℃ increase in sea surface temperatures in …

Feeling The Heat: Heterogeneous Treatment Effects Of Heat On Human Cooperation, Scott K. Klaus

Master's Theses

The goal of this paper is to examine how increased temperatures affect human behavior in terms of cooperation. Currently, there is an abundance of literature regarding increased aggression in humans as temperatures rise. However, there is ambiguity concerning whether a similar effect exists in altering levels of cooperation in human interactions. Additionally, people of different characteristics may be influenced by heat at varying levels. First, we run a baseline model of prosociality on different heat measurements, such as standard and wet-bulb temperatures. Included in this model are experimental specification variables, a “trigger”, and characteristics. The trigger is defined as losing …

Tempers Rising: The Effect Of Heat On Spite, Jake C. Cosgrove

Master's Theses

The relationship between heat and harmful outcomes is well documented, with research connecting various adverse economic outcomes to the climate. In the presence of increasing global warming and climate change, understanding why the climate leads to negative economic outcomes is essential for forming peaceful institutions of the future. We study how behavioral economic outcomes change in the presence of heat through a lab experiment involving 1,110 observations conducted in five different countries. This paper specifically focuses on the social preference outcome of spite. We find that increased time exposure to the treatment effect of heat is required to elicit an …

The Labor And Educational Effects Of Daca: Evidence From California, Oscar A. Alonso Guerra

Master's Theses

The Deferred Action for Childhood Arrivals (DACA) program, implemented in 2012, has been a subject of intense debate. While much research has examined the early effects of DACA, this study contributes to the literature by analyzing more recent data on the labor and educational outcomes of DACA recipients in California. Using a difference-in-differences approach, I aim to uncover significant changes in the labor market and educational outcomes of DACA recipients over time. I find those eligible for DACA experienced noteworthy effects compared to those who were ineligible. Specifically, they exhibit a significant 3.1 percentage point increase in the likelihood of …

The Relationship Between Economic Complexity And Income Inequality: A Study On The United States Metropolitan Statistical Areas, Brooke Johnson

Master's Theses

This paper examines the relationship between income inequality and economic complexity, adding to the literature by providing new evidence for Metropolitan Statistical Areas (MSAs). With populations in cities rapidly increasing world-wide, settlement scaling research has revealed significant correlations between population size and various aspects of socio-economic wellbeing, including income inequality. Our study utilizes the Economic Complexity Index (ECI), a recently developed measure of economic development, to examine how changes in regional production structures influence inequality and shed light on the evolving nature of urban economies. By employing fixed effects OLS regression with clustered standard errors on both panel data from …

The Child Nutrition Cost Of Weather Shocks In Nigeria, Danielle M. Abaya

Master's Theses

Child malnutrition is alarmingly high in Nigeria with the highest number of malnourished children, the second highest population of stunted children worldwide and 17 million Nigerians facing food insecurity. According to the World Health Organization, children are predicted to suffer about 80% of weather-related illnesses and deaths. As climate change continues to pose the greatest health threat and while scientists predict its irreversible effects in the next 10 years, countries such as Nigeria are already experiencing the burden of climate change today. This study uses total rainfall to measure precipitation and two Enhanced Vegetation Index variables, total change in greenness …

Development And Economic Complexity Of Mexican Municipalities: Based On Their Energy Access And Gross Production., Angelica Gloria Velasco

Master's Theses

In 2015, Mexico ranked 22nd in the international list of ECI; Out of 136 countries, Mexico had a higher index than Netherlands and Denmark. How is this possible for a developing economy that in 2014 reached its highest inequality index at 50.3%? This research is focused on the behavior of the Economic Complexity Index when it interacts with income inequality (Gini Coefficient), the gross production and human development (which in this case is focused on access to basic services: education and electricity). In the first and second sections, this paper highlights the importance of the analysis at a municipality level …

Heating Systems And Households’ Expenditure, Svitlana Holyk

Master's Theses

The heating energy expenditure has been frequently taken to the consideration across different studies of poverty reduction. However, there is an unresolved question related to understanding how households’ expenditures might be distinct due to the heating system characteristics. This research implements matching methods to investigate the causal effect of the heating system on households’ gas and electricity expenditure in Ukraine. The result indicates that there is a significant difference in the utility expenditure between the District heating system (DHS) and the Individual heating system (IHS) households. The inherited from the past the Soviet District heating system Model in Ukraine doesn’t …

Motives For (In)Effective Giving: Comparing Rural And Urban Groups In South Africa., Luvuyo Bulelani Magwaza

Master's Theses

Different cultures have their own set of norms and values that not only shape people’s motives but also influences their decision making. What may be viewed as logical and ethical in one culture, may be seen as illogical or unethical in another. One area that is consistently affected by cross-cultural differences in motives is charitable giving. Recently, there has been an increase in interest around effective altruism— a social movement and philosophy that argues, people should give to charities that do the most good. Prior research that has found that people do not give based on efficiency; instead, people give …