Economics Commons^™

Credit Card Interest Rates: Does Race And Gender Matter?, Brian Hecht

Renée Crown University Honors Thesis Projects - All

This paper examines the consumer credit card market in theUnited Statesto determine what factors, race and gender specifically, influence interest rates available to consumers. Data from the 2001 Survey of Consumer Finances is used to model the credit card market and answer the questions: All else being equal do women have higher credit card interest rates than men? Do blacks or Hispanics, all else being equal, have higher credit card interest rates than whites?

The paper provides background on the credit card market and its growing importance, reviews key literature on the role that discrimination can play in different lending …

Gender And Performance: Evidence From School Assignment By Randomized Lottery, Justine S. Hastings, Thomas J. Kane, Douglas O. Staiger

Dartmouth Scholarship

No abstract provided.

An Assessment Of The Bargaining Relationship Between Foreign Investors And The Egyptian Government, John Ragheb

Archived Theses and Dissertations

No abstract provided.

Communications, Alexander J. Field

Economics

The communications sector of an economy comprises a range of technologies, physical media, and institutions/rules that facilitate the storage of information through means other than a society's oral tradition and the transmission of that information over distances beyond the normal reach of human conversation. This chapter provides data on the historical evolution of a disparate range of industries and institutions contributing to the movement and storage of information in the United States over the past two centuries. These include the U.S. Postal Service, the newspaper industry, book publishing, the telegraph, wired and cellular telephone service, radio and television, and the …

Review Of The Expansion Of Economics Edited By S. Grossbard-Schechtman And C. Clague, John B. Davis

Economics Faculty Research and Publications

No abstract provided.

Manufacturing Brief: Trends In Manufacturing Industries In Northeast Ohio, Ziona Austrian

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.

The Healthcare Cluster In The Cleveland-Elyria-Mentor Msa, 2000-2005, Iryna Lendel

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.

Northwest Ohio Manufacturing Analysis, Robert Sadowski, Jill Norton

All Maxine Goodman Levin School of Urban Affairs Publications

This report presents the results of a study of manufacturing activities in Northwest Ohio (NWO). The purpose is to provide an understanding of recent trends in regional manufacturing industries in the context of longer-term trends and the national economy.

The Determinants Of The Distribution Of Mortality In Mountain States Counties, Anne Israelsen Whyte

Undergraduate Honors Capstone Projects

There has been significant concern about economic equity, expressed in legislation at federal, state, and local levels affecting income distribution and access to public services. Such a large interest in equity must also extend, then, to the ultimate inequality: distribution of life spans. The purpose of this paper is to determine the significant factors that affect the distribution of mortality by county in the Mountain States. Mortality distribution is the span of differences of age at death. This is an interesting topic because mortality affects everyone. Hence, individuals who care about living longer would be interested in knowing the factors …

Reshaping Retirement Policies In Post-Industrial Nations: The Need For Flexibility, Angela L. Curl, M. C. "Terry" Hokenstad Jr.

The Journal of Sociology & Social Welfare

Social Security programs in post-industrial nations are facing the need for policy reforms. Fiscal shortfalls in current Social Security programs are a major driving force promoting these reforms. At the same time, changes in longevity and the nature of work and retirement also suggest the need for policy reform. This article begins with a broad overview of some of the policy innovations of the Europe Union as a whole, and then focuses more indepth on policy reforms in three countries that exemplify Esping-Andersen's (1990) typology of welfare states: Sweden, Germany, and Canada. These three countries have passed policies that promote …

Analysing Survey Data With Incomplete Responses By Using A Method Based On Empirical Likelihood, Denis H. Y. Leung, Jing Qin

Research Collection School Of Economics

In many surveys, missing response is a common problem. As an example, Zahner, Jacobs, Freeman and Trainor analysed data from a study of child psychopathology in the State of Connecticut, USA. In that study, the response variable, psychopathology, was inferred from questions that were addressed to teachers of the children and was subject to a high level of missingness. However, the missing responses were supplemented by surrogate information that was provided by the parents and/or the primary care providers of the children. In such a situation, it is conceivable that the supplemental information can be used to recover some of …

External Debt, Adjustment, And Growth, Roberto S. Mariano, Delano Villanueva

Research Collection School Of Economics

High ratios of external debt to GDP in selected Asian countries have contributed to the initiation, propagation, and severity of the financial and economic crises in recent years, reflecting runaway fiscal deficits and excessive foreign borrowing by the private sector. More importantly, the servicing of large debt stocks has diverted scarce resources from investment and long-term growth.

Profile Likelihood Estimation Of Partially Linear Panel Data Models With Fixed Effects, Liangjun Su, Aman Ullah

Research Collection School Of Economics

We consider consistent estimation of partially linear panel data models with fixed effects. We propose profile-likelihood-based estimators for both the parametric and nonparametric components in the models and establish convergence rates and asymptotic normality for both estimators.

New Mexico Labor Market Review 04-30-2006, New Mexico Department Of Labor

Historic Publications

The New Mexico Labor Market Review is a monthly publication presenting statistical data and analysis on labor market conditions throughout New Mexico. Issues examine statewide and regional trends in employment, unemployment, labor force estimates, industry activity, wages, occupational demand, and related economic conditions, often accompanied by feature articles on topics affecting the state’s economy. This issue covers March 2006.

Valuing Cultural Differences In Behavioral Economics, Justin D. Levinson, Kaiping Peng

ExpressO

Behavioral economic research has tended to ignore the role of cultural differences in economic decision-making. The authors suggest that a systematic bias affects existing behavioral economic theory-- cognitive biases are often assumed to be universal. To examine how cultural background informs economic decision-making, and to test framing effects, morality effects, and out-group effects in a cross-cultural study, the authors conducted an experiment in the United States and China. The experiment was designed to test cultural and cognitive effects on a fundamental economic phenomenon-- how people estimate the financial values of objects over time.

Results of the experiment demonstrated dramatic cultural …

Incomplete Contracts In A Complete Contract World, Scott A. Baker, Kimberly D. Krawiec

ExpressO

This paper considers the role that contract doctrine should play in facilitating optimal investment in contractual relationships. All contracts are incomplete in the sense that they do not specify the optimal actions for the buyer and seller in every future contingency. This incompleteness can lead to both under and over-investment in resources specifically targeted to the needs of the other contracting party. To solve these investment problems, economists and legal scholars have looked to complicated contractual solutions and the ownership of assets.

This Article offers another solution: contract doctrine. Specifically, we propose a contractual default rule applicable to all contract …

Challenges To Islamic Finance Services Industry, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

The achievements made by Islamic Finance Industry during the last few years have indeed been impressive. The growth rate of 15-20% annually, the evolution of sukuks, fixed income, equity, money market instruments and the attraction of Islamic products among a large variety of issuers and investors globally have been the salient features that have characterized the Islamic Finance Industry (IFI). The highest spread of the industry has taken place in the GCC countries followed by Malaysia, Iran and Sudan. The annual growth rate in GCC countries is 24 percent while in South East Asia it is 26 percent. In all …

Individual Accounts For Social Security Reform: International Perspectives On The U.S. Debate, John A. Turner

Upjohn Press

John Turner uses the documented experiences of many countries—including the U.K., Sweden, Chile, Australia, Canada, and others—and the tools of economics to analyze the public policy issues surrounding the proposed implementation of individual accounts as part of the U.S. Social Security system. The result is a book that clarifies these issues while offering direction to Social Security policymakers. Also included is a comprehensive overview of the types of defined contribution plans in use today.

Team Success And Personnel Allocation Under The National Football League Salary Cap, John Haugen '06

Honors Projects

A pre-Super Bowl article published in the Wall Street Journal labels the personnel spending and business model of the Seattle Seahawks, the National Football Conference representative to Super Bowl XL, as "extraordinary." Much to the surprise of the author, "they plucked their entire defense from the discount bins" and still made it to the Super Bowl (Walker 2006). Seattle spent far less on its defense in comparison not only to their Super Bowl opponents, the Pittsburgh Steelers, but compared to every single other NFL team. They valued "underpriced or underappreciated players who were as long on character and potential as …

Effects Of The Federal Income Tax Structure And Social Security On The Changing Us Family Composition, Adam M. Gray '06

Honors Projects

From dual-earner, married couples, to opposite and same-sex cohabitation, America's family structure, lifestyles, and attitudes have been changing in recent years. This paper provides a framework of understanding how families interact and make economic decisions. It examines whether external and internal benefits to family formation exist. The government should develop policies are both equitable and efficient depending on what benefits exist for society, if any. Currently, one of the biggest gains married partners make occurs within the Federal Income Tax and Social Security Systems. However, this structure was created at a time when families were very traditional-a working husband and …

Senseless Kindness: The Politics Of Cost Benefit Analysis, Louis E. Wolcher

ExpressO

This essay identifies a social phenomenon that the Russian-Jewish novelist and war correspondent Vasily Grossman calls "senseless kindness." Emerging without prior warning from certain face-to-face encounters between human beings, the striking reversal of preferences that characterizes this phenomenon can be used to cast a critical light on the practices of Cost Benefit Analysis ("CBA"). Not only does senseless kindness highlight the troubling theoretical problem of determining the "correct" ex ante—the point in time at which CBA measures people's preferences—it also points towards the possibility of a more general critique of CBA's indifference to how preferences are formed and expressed. The …

Mexican Northern Border Municipalities, Financial Dependence And Institutions, Jorge Ibarra Salazar, Andre V. Mollick

School of Economics and Finance Faculty Publications

Mexican northern border municipalities have experienced economic and populational growth rates that are much higher than other Mexican regions resulting in higher demand for public services and infrastructure. The different institutional framework, both fiscal and legal, faced by municipalities in every Mexican State might impact the fiscal behavior of local governments. This article examines whether border municipalities are more financially dependent on central authorities due to the high demand for public services in their jurisdictions and their inability to obtain sufficient funding. Several econometric models are estimated for 300 Mexican municipalities in the year 2000. A strong and negative relationship …

Capm And Home Bias; Prospective Plantings Analysis, Ding Du, Alan May

Economics Commentator (1972- 2016)

No abstract provided.

Should Internet Protocol-Enabled Video Service Provided Over A Telephone Network Be Regulated As A Cable Service?, Hal J. Singer, J Gregory Sidak, Robert W. Crandall

ExpressO

We examine whether, on legal or policy grounds, Internet protocol-enabled video services provided over a telephone network should be regulated as a cable service. We evaluate the history of cable regulation and the services that Congress envisioned to be regulated when it first drafted legislation establishing a regulatory framework for cable television services in 1984. We then examine numerous differences between the IP-enabled video services delivered over a telephone network and those that Congress envisioned when regulating cable television service in 1984 and in subsequent years when it revised the Cable Act of 1984. Finally, we find that municipal franchise …

Antitrust Governance, Yane Svetiev

ExpressO

In this article, the author argues that antitrust law has entered a new phase of its controversial existence. The role of antitrust in moderating inter-firm relationships depends both on the problems of the underlying market regime and the institutional capacity of antitrust decision-makers to respond to those challenges. For much of the 20th century, the model firm was hierarchical: vertical integration within the business organization was a way of achieving transaction cost efficiencies and delivering higher levels of output at lower prices. Recognition of this fact transformed antitrust from its traditional focus on concentrated power, to a policy focused on …

Foreign Direct Investment And Economic Growth: A Time-Series Approach, Atrayee Ghosh Roy, Hendrik F. Van Den Berg

Department of Economics: Faculty Publications

Research has often focused on how foreign direct investment (FDI) transfers technology from developed economies to less developed economies. Most FDI occurs between developed economies, however, and the country receiving the greatest inflow of FDI is the United States. This paper examines whether such FDI inflows have stimulated growth of the U.S. economy. We apply time-series data to a simultaneous-equation model (SEM) that explicitly captures the bi-directional relationship between FDI and U.S. economic growth. FDI is found to have a significant, positive, and economically important impact on U.S. growth. Also, our SEM estimates reveal that FDI growth is income inelastic. …

The Impact Of New Deal Expenditures On Mobility During The Great Depression, Price V. Fishback, William C. Horrace, Shawn Kantor

Economics - All Scholarship

Using county-level data on federal New Deal expenditures on public works and relief and Agricultural Adjustment Administration payments to farmers, this paper empirically examines the New Deals impact on inter-county migration from 1930 to 1940. We construct a net-migration measure for each county as the difference between the Censuss reported population change from 1930 to 1940 and the natural increase in population (births minus infant deaths minus non-infant deaths) over the same period. Our empirical approach accounts for both the simultaneity between New Deal allocations and migration and the geographic spillovers that likely resulted when economic activity in one county …

April 2006, Syracuse Department Of Economics

Economics - All Scholarship

No abstract provided.

Rhode Island Current Conditions Index -- April 2006, Leonard Lardaro

The Rhode Island Current Conditions Index

No abstract provided.

Cover - Table Of Contents

Major Themes in Economics

No abstract provided.