Economics Commons^™

Fatal Crashes Caused By Light Trucks Relative To Cars: A Test Of The Offsetting Behavior Hypothesis, Adam David Zubritsky

Electronic Theses and Dissertations

This thesis presents an econometric test of the offsetting behavior hypothesis concerning drivers of light trucks relative to cars. The main objective is to determine whether drivers of light trucks offset perceived safety benefits associated with larger vehicles by driving more aggressively than drivers of cars, subsequently causing more fatal crashes, holding all else constant. An empirical model using data on pedestrian fatalities across the United States over a five-year period is developed and analyzed in order to capture the desired results. Estimates provide substantial evidence in support of the offsetting behavior hypothesis. To strengthen the case for driver offsetting …

Long Term Historical Pattern, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A., PhD. (n.d.). Long-term historical patterns in U.S. and U.K. economic indicators [Various figures and graphs on U.S. real GNP per capita, U.S. industrial production index, business cycles, U.S. manufacturing productivity and real employee compensation, U.S. manufacturing real unit labor cost index, U.S. unemployment rate, U.K. and U.S. wholesale price and gold price indexes, U.S. general net rate of profit, and GDP per capita]. Unpublished manuscript.

• Shaikh, A., PhD. (2001, September 5). Lecture I: Introd to economic theories of capitalism (why study the classicals?) [Lecture notes for Eco 104: Historical]. Unpublished manuscript.

• Dolenc, P. (n.d.). Intermediate …

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Course Evaluations, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes.

• Course evaluation results for world political economy (GECO 5108). (2005, Spring). [Course evaluation report]. Graduate Program in Economics, The New School for Social Research. (Anwar Shaikh, PhD, author).

• Course evaluation results for seminar on Marx, Keynes, and Kalecki (GECO 6210). (2005, Fall). [Course evaluation report]. Graduate Program in Economics, The New School for Social Research. (Anwar Shaikh, PhD, author).

• Course evaluation results for historical foundations of political economy I (GECO 5104). (2005, Fall). [Course evaluation report]. Graduate Program in Economics, The New School for Social Research. (Anwar Shaikh, PhD, author).

• …

Capacity Utiliz + Hick Adj, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (2005, April 14). Capacity utiliz and Hick adj [Handwritten notes]. Unpublished manuscript.

• Shaikh, A. (2002, September). Aanotes (File: cointusgdpkstock1jamee.wf1) [Typed notes]. Unpublished manuscript.

Ltv, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes.

• Syllabus for Eco. 308S: Labor theory of value: The classical labor theory of value, covering Smith and Ricardo, with handwritten notes on the scope of work and Ricardo’s necessity of price and money. (1974, Fall). [Course syllabus with handwritten notes]. Department of Economics, The New School for Social Research. (Anwar Shaikh, PhD, author and annotator).

• Syllabus for Eco. 308S: Value seminar: The classical labor theory of value, covering sections on Smith, Ricardo, and Marx on Smith and Ricardo. (1975, Fall). [Course syllabus]. Department of Economics, The New School for Social Research. (Anwar Shaikh, …

Marx On Free Trade, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Marx and free trade (2005-12-02, handwritten notes)

• Marx, K. (1921). Free trade. New York: Labor News Company (photocopy)

How Much Does Money Matter In A Direct Democracy?, John M. De Figueiredo

Faculty Scholarship

No abstract provided.

Studies In Rio Grande Valley History, Milo Kearney, Anthony K. Knopp, Antonio Zavaleta

Studies in Rio Grande Valley Regional History Series

Historia de Valle Hermoso, Tamaulipas / por Ernesto Escribano Gómez -- How the teachers of Matamoros formed la Union Tamaulipeca / by Alma Ortiz -- The 1971 "Pharr Riot" / by Ned Wallace -- Memoirs of Brownsville politics / by Loddell Batsell -- Economic changes in the Lower Rio Grande Valley of Texas: a bibliographic review / by David J. Mycue -- A short history of land titles in South Texas / by Joseph E. Chance -- The prehistoric peoples of the Rio Grande Delta and their connections with the cultures of Mesoamerica / by Rolando L. Garza -- Peyote: …

Calculating The Added Costs Of Educating Disadvantaged Students, John Yinger

Center for Policy Research

It’s Elementary is a series of essays on topics in education and education policy. The main focus is on education finance in New York State, but general research findings in education and education policy issues in several other states are also discussed. John Yinger, Professor of Economics and Public Administration at the Maxwell School, Syracuse University is the author of most of these essays, although a few are written by or co-authored with other scholars.

Simulation-Based Two-Step Estimation With Endogenous Regressors, Kamhon Kan, Chihwa Kao

Center for Policy Research

This paper considers models with latent/discrete endogenous regressors and presents a simulation-based two-step (STS) estimator. The endogeneity is corrected by adopting a simulation-based control function approach. The first step consists of simulating the residuals of the reduced-form equation for endogenous regressors. The second step is a regression model (linear, latent or discrete) with the simulated residual as an additional regressor. In this paper we develop the asymptotic theory for the STS estimator and its rate of convergence.

On The Estimation And Inference Of A Panel Cointegration Model With Cross-Sectional Dependence, Jushan Bai, Chihwa Kao

Center for Policy Research

Most of the existing literature on panel data cointegration assumes cross-sectional independence, an assumption that is difficult to satisfy. This paper studies panel cointegration under cross-sectional dependence, which is characterized by a factor structure. We derive the limiting distribution of a fully modified estimator for the panel cointegrating coefficients. We also propose a continuous-updated fully modified (CUP-FM) estimator). Monte Carlo results show that the CUP-FM estimator has better small sample properties than the two-step FM (2S-FM) and OLS estimators.

Do Credit Market Barriers Exist For Minority And Women Entrepreneurs?, Lloyd Blanchard, Bo Zhao, John Yinger

Center for Policy Research

This paper examines whether methodological deficiencies in the literature on discrimination in small business credit markets have a significant impact on the estimation of discrimination and provides a preliminary investigation into the causes of discrimination in these markets. We find substantial, statistically significant evidence of discrimination in loan approval against black-owned and Hispanic-owned businesses in 1998 with additional control variables, with a variety of different specifications, and with a simultaneous model of the application and loan-denial decisions. We also find that discrimination in small business lending may take the form of statistical discrimination, driven by lenders' stereotypes about the ability …

Ranking Inequality: Applications Of Multivariate Subset Selection, William C. Horrace, Joseph T. Marchand, Timothy M. Smeeding

Center for Policy Research

Inequality measures are often presented in the form of a rank ordering to highlight their relative magnitudes. However, a rank ordering may produce misleading inference, because the inequality measures themselves are statistical estimators with different standard errors, and because a rank ordering necessarily implies multiple comparisons across all measures. Within this setting, if differences between several inequality measures are *simultaneously* and statistically insignificant, the interpretation of the ranking is changed. This study uses a multivariate subset selection procedure to make simultaneous distinctions across inequality measures at a pre-specified confidence level. Three applications of this procedure are explored using country-level data …

Neoclassicism, Artificial Intelligence, And The Marginalization Of Ethics, John B. Davis

Economics Faculty Research and Publications

Purpose – The paper examines the dependence of the positivist and welfarist preference satisfaction paradigm of neoclassical economics upon an implicit functionalist philosophy of mind. Functionalism is the doctrine that mental states are strictly materialistic and understandable in cause-effect terms. An important aspect of functionalism is the multiple realizability thesis, namely, that mental states can be realized in any type of hardware, whether human brain or computer.

Design/methodology/approach – The approach used involves investigating the fact-value distinction after Robbins in terms of the positivist meta-ethical view known as emotivism, and then explaining emotivism as inherently functionalist. Functionalist thinking itself is …

Asynchronous Risk: Unemployment, Equity Markets, And Retirement Savings, Jason S. Seligman, Jeffrey Brian Wenger

Upjohn Institute Working Papers

The link between unemployment and pension accumulations is conceptually straightforward; periods of unemployment lead to lower pension contributions, and thus to lower accumulations. However, impacts on accumulation may differ as a result of the timing and frequency of unemployment spells. We hypothesize that unemployment is more likely during periods in which the equities market experiences greater than average returns, largely due to a lead/lag structure of the stock and labor markets, respectively. This would imply that workers may systematically miss opportunities to purchase equities through DC plans when prices are relatively low. To test this hypothesis, we match historic stock …

Single Mothers, Social Capital, And Work-Family Conflict, Teresa Ciabattari

Upjohn Institute Working Papers

The purpose of this paper is to examine work-family conflict among low-income, unmarried mothers. I examine how social capital affects work-family conflict and how both social capital and work-family conflict affect employment. I analyze the Fragile Families and Child Wellbeing Study, a national sample of non-marital births collected in 1998-2000 and 1999-2002. Results show that social capital reduces unmarried mothers' reports of work-family conflict, especially for low-income women. In addition, mothers who report high levels of work-family conflict are less likely to be employed; this pattern holds for women who are not looking for work as well as those who …

My Argument, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• My argument, Anwar Shaikh, undated. Unpublished handwritten manuscript.
• My argument is a handwritten outline consisting of seven numbered points concerning the balance of payments, exchange rates, purchasing power parity, foreign-state payments, assumptions underlying economic theory, the consequences of economic policy, and the political economy of globalization. The notes also refer to long-run exchange-rate theory, developing countries, inequality, and the G20.

The Effects Of Employment On High School Performance, Erik Pizer

Masters Theses

Previous research on the effect of employment on high school performance has produced inconsistent results. This study investigates the influence of work hours on academic achievement, measured by grade point average (GPA). GPA is chosen because it is a more direct measure of performance in high school than standardized tests. It captures the day-to-day performance of students on everything from homework to quizzes and in-class participation to final examinations.

GPA falls by 0.02 grade points for every ten hours worked. This decrease in academic achievement caused by work may result from the displacement of extracurricular and co-curricular activities by work …

Attitudes Toward Race, Hierarchy And Transformation In The 19th Century, Sandra J. Peart, David M. Levy

Jepson School of Leadership Studies articles, book chapters and other publications

Using the debates between Classical political economists and their critics as our lens, this paper examines the question of whether we're the same or different. Starting with Adam Smith, Classical economics presumed that humans are the same in their capacity for language and trade ; observed differences were then explained by incentives, luck and history, and it is the "vanity of the philosopher" incorrectly to conclude otherwise. Such "analytical egalitarianism" was overthrown sometime after 1850 , when notions of race and hierarchy came to infect social analysis as a result of attacks on homogeneity by the Victorian Sages (including Thomas …

Foreign Direct Investment And Economic Growth: Further Evidence From Developing Countries, Rui Zhu

Masters Theses

The role of Foreign Direct Investment (FDI) in developing countries has become increasingly important. This thesis provides a statistical analysis of the relationship between FDI and economic growth in developing countries. First of all, this thesis tests for Granger causality between two variables: FDI which is the net inflow of foreign direct investment as a percent of GDP, and GDP itself. The sample is a panel data set consisting of 40 countries with a time period of 22 years. We also classify countries in the data set by geographic region.

The objective of this study is to explore a two-way …

Can Foreign Aid Save Africa?, William Easterly

Clemens Lecture Series

No abstract provided.

Analisis Irio Dalam Pengembangan Industri Pada Era Otonomi Daerah, Pratiwi Kartika, Rachma Indah Nurbani, Yus Medina Pakpahan

Jurnal Ekonomi dan Pembangunan Indonesia

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Pengaruh Nilai Tukar Terhadap Aliran Kredit Dan Mekanisme Transmisi Kebijakan Moneter Jalur Kredit, I Gede Putra Arsana

Jurnal Ekonomi dan Pembangunan Indonesia

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Effects Of Education On Gender Income Inequality In The United States, Jiang Li

Masters Theses

This paper examines the relationship between gender income inequality and educational attainment level with reference to the United States (US). The population under consideration is divided into several groups based on their educational levels. Then gender income inequalities are calculated under each educational level. The total educational effect is shown to be composed of three effects. By measuring these effects, it is found that like past studies, more education reduces gender income inequality, but not in every case. Moreover, this paper explores the relative size of each of the component effects within the educational effect.

Value [Encyclopedia Entry], John B. Davis

Economics Faculty Research and Publications

No abstract provided.

Response To Vinca Bigo, John B. Davis

Economics Faculty Research and Publications

No abstract provided.

Response To StéPhane Luchini And Miriam Teschl, John B. Davis

Economics Faculty Research and Publications

No abstract provided.

Response To Alban Bouvier, John B. Davis

Economics Faculty Research and Publications

No abstract provided.

Religious Affiliation And Individual International-Policy Preferences In The United States, Joseph P. Daniels

Economics Faculty Research and Publications

Empirical examination of individual-level survey data on national identity, in general, reveals a significant relationship between religious affiliation and an individual’s international-policy preferences and that this relationship varies across Protestant denominations. Specifically, we test attitudes toward import and immigration policies, the role of international institutions, and unilateral policy actions. The empirical results indicate that individuals affiliated with conservative Protestant denominations are more likely to support positions on international issues that can be regarded as consistent with the anti-globalist right. We also find evidence of a reinforcing regional effect among conservatives in the south, and differences in the preferences of Baptist …

The Significance Of The Economic Summits, Joseph P. Daniels

Economics Faculty Research and Publications

It is argued here that the summits should not be transformed or elevated to some system of global economic governance. Rather, global economic stability depends on good domestic economic policymaking and, thus, the economic summits cannot substitute for effective and effcient policymaking within sovereign nations. The summits, therefore, should be seen first and foremost as a means for improving and generating better domestic policies via cooperation as opposed to delivering packages of coordinated policies. By focusing on international economic policy cooperation, the summits can contribute much to improving domestic economic policymaking. The protest at the Genoa summit and the events …