Economics Commons^™

The Effect Of Occupational Licensing On Wages And Employment: Evidence From Electricians And Massage Therapists, Matt Shafer

MPA/MPP/MPFM Capstone Projects

No executive summary.

Impacts Of The Changes Made To Solar Net Metering By Northern California Community Choice Aggregators, Steven Benton Shoemaker

Cal Poly Humboldt theses and projects

When Northern California Community Choice Aggregation Programs (CCAs) took over the role of sourcing electricity from the incumbent utility (Pacific Gas and Electric, or PG&E), they also made changes to how solar customers were treated. In the Humboldt, Sonoma, Marin, and San Mateo County regions, solar customers that were net exporters of electricity received an additional $0.01/kWh credit on the generation portion of their bill. This policy is inherited from one CCA to another, and, given the CCAs are projected to serve 18 million Californians by 2020 (Cal CCA, 2018), understanding its impact - on a solar customer's bottom line …

Adaptation Of Customary Quechua Indigenous Political Organization In The Face Of Modern Resource Extraction: A Case Study In The Apurimac Region Of The Andes Of Peru, Yojana Miraya Oscco

Cal Poly Humboldt theses and projects

This research focused on the forms and structure of customary political organization in Quechua indigenous communities of the Peruvian Andes that extend from the villages to their associated migrant communities in the capital. As the mining industry has been expanding rapidly throughout the Andes in recent decades, describing the political organization of these remote communities is a key aspect of their negotiation practices with these external industries. This research was conducted utilizing grounded theory in a comparative case-study format by analyzing two villages and their associated migrant communities from the Andean District of Juan Espinoza Medrano. This research utilized a …

The Euro Effect On Trade In The Emu Core And Periphery: A Pre And Post-Crisis Analysis, Kerri Harner

Honors Theses

As the world financial crisis hit Europe in 2008, the financial shock had asymmetric effects across the eurozone; by 2010, its effects led to a sovereign debt crisis in the euro area. The shock created a clear distinction between strong, core economies in the European Monetary Union (EMU), and a struggling indebted periphery that fared worse in the period of crisis. The sovereign debt crisis revealed inherent fragility in the EMU. In light of recent populist movements, the common currency is under unprecedented scrutiny. This study seeks to assess the euro effect on exports for a clearly distinguished EMU core …

Globalization And Immigration: How A Changing Demographic Landscape Influenced The 2016 Presidential Election, Jacob Rusnock

Honors Theses

The 2016 presidential election results varied significantly from many forecasts. The media proposes that the radically atypical candidacy of Donald Trump motivated pockets of the electorate to support the Republican Party more so than they had in past elections. This paper examines the following questions: Which traditional predictors of the election failed to foresee a Republican victory? If the traditional predictors were unsuccessful, can the results be explained using county level economic and demographic data? Is there evidence to support the media’s proposed explanations of the results? By utilizing the Census Bureau’s American Community Survey data, this paper examines some …

You Can Run But You Can’T Hide: The Advance Of Shareholder Activism, Kendall Greenberg

CMC Senior Theses

Shareholder activism has exploded in popularity since the turn of the century, due in large part to impressive relative returns generated by its major participants. The result has thus been a surge in assets invested in the category, to in excess of $170 billion today up from less than $3 billion in 2000 (Inglis 2015; Romito 2015). This influx of capital, in absolute dollars and pace of growth, has caused many to wonder whether activists truly create shareholder value and, if so, if the value generated is sustainable. Numerous studies of activist interventions prior to 2009 reveal significant stock price …

Fiscal Forecasts At The Fomc: Evidence From The Greenbooks, Dean D. Croushore, Simon Van Norden

Economics Faculty Publications

This paper examines fiscal policy forecasts prepared for the Federal Open Market Committee and its influence on U.S. monetary policy. The forecasts contain useful information beyond that in the CBO’s forecasts. Fiscal forecast errors are only weakly correlated with forecast errors for inflation and output growth, but those for the budget surplus are highly correlated with those for the unemployment rate and the output gap. Some fiscal variables can also account for a significant fraction of the “exogenous” changes in the federal funds rate target that Romer and Romer (2004) studied, consistent with the board’s statements on the importance of …

The Role Of Teaching And Teacher Training In The Hiring And Promotion Of Ph.D. Economists, Sam Allgood, Gail Hoyt, Kimmarie Mcgoldrick

Economics Faculty Publications

Surveys suggest that a majority of graduate students seek academic positions after completing their degree. We survey groups involved in the job market to determine the roles of teaching and research in hiring and the subsequent success of new faculty. We find that while characteristics that signal research potential are highly valued by both graduate directors and department chairs, there are significant discrepancies in the extent that teaching is valued in the hiring process across institution types. Furthermore, although new faculty devote half of their time to teaching, only half of them agree that graduate school prepared them to teach.

Econophysics, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Vmi data set patterns by Anwar Shaikh (unpublished work).
• Shaikh, A. (2008, March 19). 1953–2005, all year, quality 1-2 chart notes. (Unpublished manuscript note).
• Shaikh, A. (2007, April 1). Elasticity of poverty headcount. (Unpublished manuscript note).
• Shaikh, A. (2007, April 1). Growth & inequality of econophysics. (Unpublished manuscript note).
• Yakovenko, V. M. (2007, January 19). Re: amazing support for your argument. (Unpublished email to Anwar Shaikh).
• Bloomquist, K. M. (2007, January 26). Pareto distribution of U.S. wage and salary income. (Unpublished conference abstract).
• Shaikh, A. (2006, April 17). V. Yakovenko: Econophysics lecture …

Export Market Destination And Performance: Firm-Level Evidence From Sub-Saharan Africa☆, Ousmanou Njikam

Journal of African Trade

This paper uses a novel manufacturing firm-level survey data in 19 sub-Saharan African (SSA) countries to explore the linkages among a number of export-market destinations (e.g., China, India, other Asia, EU, US, MENA, SSA excluding South Africa, and South Africa) and performance. The paper also examines differences between exporters and non-exporters performance and assesses self-selection. We find superior characteristics of exporters relative to non-exporters. Size, foreign ownership and past export experience enhance the propensity to export while continuing exporters outperform switching ones. Export destination matters: exporting to China leads to improvements in total factor productivity (TFP); India destination enhances the …

Effect Of Exchange Rate Volatility On Trade In Sub-Saharan Africa☆, Bernardin Senadza, Desmond Delali Diaba

Journal of African Trade

The volatile nature of exchange rates with the advent of floating regimes has received much attention in economic research. The volatility is generally perceived as negatively affecting international trade. While theoretical predictions and empirical outcomes appear mixed, the balance seems to tilt in favour of this perception. Applying the pooled mean-group estimator of dynamic heterogeneous panels technique to data for eleven Sub-Saharan African economies over the period 1993 to 2014, this paper uncovers no significant effects of exchange rate volatility on imports. In the case of exports, however, the study finds a negative effect of volatility in the short-run, consistent …

The Consequences Of Brexit For Africa: The Case Of The East African Community☆, Andrew Mold

Journal of African Trade

How will Brexit impact on Africa? This paper looks at the available empirical evidence and carries out a Computable General Equilibrium simulation, focusing particularly on the prospects for the East African Community (EAC). The paper makes three main points. First, while the direct impacts through investment, trade and remittances are likely to be relatively small, African countries may benefit from the creation of new export opportunities. However, these are mainly in resource-intensive sectors that are not considered a priority for the development agendas of most African countries. Second, indirect consequences, through Brexit's impact on the global economy, its influence on …

Trade Dependence, Liberalization, And Exports Diversification In Developing Countries☆, Patrick N. Osakwe, Amelia U. Santos-Paulino, Berna Dogan

Journal of African Trade

This paper explores the relationship between trade, trade liberalization, and exports diversification in developing and Sub-Saharan African (SSA) countries. The non-parametric analyses indicate that developing countries that are more open to trade (based on trade intensity) tend to have more diversified exports structures than those that are classified as less open. However, for SSA countries the non-parametric test shows that countries that are more open to trade have less diversified exports structures. Regarding the parametric analysis, the findings provide further evidence that trade liberalization, in the form of lower tariffs, contributes to exports diversification in developing countries, and the results …

Trade Facilitation And Social Welfare In Africa☆, Daniel Sakyi, Isaac Bonuedi, Eric Evans Osei Opoku

Journal of African Trade

Improving social welfare in the developing world remains a top priority on the global development agenda, as policymakers and international development partners worldwide strive to meet the Sustainable Development Goals by 2030. Using data on 40 African countries over the period 2010–2015, this paper investigates the extent to which trade facilitation contributes to improving social welfare in Africa. To do so, we construct three indices of trade facilitation capturing infrastructure, institutions, and market efficiency from several primary indicators. With regard to social welfare, we use education (net primary school enrollment rate), child health (under-5 mortality rate), population health (life expectancy), …

Informal Institutions And Comparative Advantage Of South-Based Mnes: Theory And Evidence, Pao-Li Chang

Research Collection School of Economics

This paper builds a theory to characterize the comparative advantage of South-based MNEs rooted in institutional qualities. MNEs headquartered in countries of poorer state institutions are hypothesized to invest more in `informal institutions', and as an optimal response, undertake FDI in countries of weaker institutions, all else being equal. At the aggregate, MNEs generate more net profits in countries of weaker institutions, the poorer the institutional environment at home. Extensive tests of the theory are conducted using bilateral FDI volumes for 219 economies in year 2001--2010. The results indicate a statistically significant and robust institutional complementarity effect in bilateral FDI …

Residential Solar In Washington State, Sam Pfeifer

All Master's Theses

Electricity generated through residential solar provides a low carbon source of electricity. However, diffusion of residential solar remains low across the United States. Growing this diffusion takes an understanding of localized uptake trends, which can focus policy and business efforts to help increase residential solar market penetration. This is the first research to investigate residential solar uptake in Washington State and to examine environmental education as a potential driver of residential solar uptake. Through a snapshot analysis which considers environmental, economic, education, and cultural variables the present research fills this gap. Triangulated results include mapping of variables, ordinary-least squares multiple …

Your Thoughts Projected: Television Comedies, Economic Content, And American Economic Attitudes, 1949-1990, Cody J. Lolos

All Master's Theses

This study analyzes the relationship between American television audiences and television comedies in the latter half of the twentieth century. The driving questions are how did television comedies depict economic content and how was that content related to American audiences' economic perceptions? By analyzing eight television comedy programs, this study asserts that not only did television comedies contain a substantial amount of economic content, including consumption, thrift, employment, and other significant and relevant economic factors, but the economic content found in television comedies accurately reflected Americans' economic attitudes over time. As a result, television comedies' economic content further correlated with …

การเปรียบเทียบมูลค่าเวลาของผู้โดยสารรถไฟฟ้าขนส่งมวลชนและรถโดยสารประจำทางในพื้นที่กรุงเทพมหานคร, กนกพงศ์ ตั้งอารีอรุณ

Chulalongkorn University Theses and Dissertations (Chula ETD)

ความเต็มใจจ่ายของผู้โดยสารสามารถใช้เป็นเครื่องมือวิเคราะห์ความเหมาะสมของการปรับปรุงและพัฒนาคุณภาพการให้บริการของระบบขนส่งสาธารณะ ให้สอดคล้องกับความต้องการของผู้โดยสารได้ โดยวัดจากความเต็มใจจ่ายของผู้โดยสารที่เพิ่มขึ้น เพื่อแลกกับเวลาที่ใช้ในการเดินทางลดลงหรือระดับการบริการที่เพิ่มขึ้น การศึกษานี้มีวัตถุประสงค์เพื่อหามูลค่าเวลาและความเต็มใจจ่ายของผู้โดยสารที่เดินทางด้วยรถไฟฟ้าเปรียบเทียบกับรถโดยสารประจำทางในพื้นที่กรุงเทพมหานคร รวมทั้งผลกระทบของปัจจัยด้านคุณภาพการให้บริการต่อระดับความพึงพอใจด้านค่าโดยสารของผู้โดยสาร โดยรวบรวมข้อมูลของผู้โดยสารด้วยวิธีทฤษฎีเปิดเผยความพึงพอใจ ทั้งนี้ เครื่องมือที่ใช้ในการวิเคราะห์ข้อมูล คือ แบบจำลองการถดถอยโลจิสติกส์ทวิร่วมกับอัตราส่วนเพิ่มสุดท้ายของการทดแทนกันระหว่างเวลาที่ใช้ในการเดินทางและค่าโดยสาร และการวิเคราะห์องค์ประกอบร่วมกับแบบจำลองการวิเคราะห์การถดถอยโพรบิตแบบเรียงลำดับ ผลการศึกษาด้วยแบบจำลองการถดถอยโลจิสติกส์ทวิพบว่า ผู้โดยสารในกรุงเทพมหานครมีความเต็มใจที่จะจ่ายค่าโดยสารเพิ่มขึ้น 37.14 บาทถ้าการเดินทางด้วยรถไฟฟ้าสามารถประหยัดเวลาการเดินทางได้ 60 นาทีเมื่อเทียบกับรถโดยสารประจำทาง ในส่วนของการศึกษาผลกระทบของปัจจัยด้านคุณภาพการให้บริการต่อความพึงพอใจด้านค่าโดยสาร พบว่าผู้โดยสารทั้งสองระบบการเดินทาง จะมีความพึงพอใจด้านค่าโดยสารเพิ่มขึ้นถ้ามีการปรับปรุงคุณภาพการให้บริการด้านเวลาที่ใช้ในการเดินทาง

The Volatility Of Equity Flows In Asean Emerging Markets, Supatchaya Ketchan

Chulalongkorn University Theses and Dissertations (Chula ETD)

The volatility of foreign equity flows into and out of ASEAN emerging markets is a source of concerned for macroeconomic and financial stability. This thesis uses the DCC-MGARCH model examine the volatility co-movement of daily net foreign equity flows for four ASEAN emerging economies (Thailand, Malaysia, Indonesia and the Phillipines) from 1st October 2009 to 28th December 2018. Furthermore, the SUR model is employed to understand which global and domestic macroeconomics factors may affect the volatility of net foreign equity flows. Overall, we find a slowdown of net equity flows to these ASEAN emerging markets especially since 2015 with the …

Marx Now Conference, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Marx now conference, goethe institut plenary panel by Shaikh, A. (Unpublished work) (p. 1)
• Marx's 'economics' by Shaikh, A. (Unpublished work) (p. 2)
• What does it matter? by Shaikh, A. (Unpublished work) (p. 3)
• Made to forget by Shaikh, A. (Unpublished work) (p. 4)

The Effectiveness Of Promotions In Minor League Baseball : A Study Of The Eastern League, Collin R. Zucker

Honors Theses

Minor League Baseball (MiLB) is comprised of 247 teams playing in 17 leagues at six different levels. Every team in these leagues is an affiliate of a Major League Baseball (MLB) team, but many are privately owned and are therefore financially independent. While MiLB primarily serves as a development environment for future MLB players, profit maximization is still a goal of various front offices. Minor League Baseball has existed for over a century but only recently have teams been regarded as profitable investments. In Forbes’ “Most Valuable Minor League Teams” list published in 2016, the average value of the top …

An Analysis Of Skill-Biased Technical Change Across Demographic Groups, Madison Lindsay

Honors Theses

I adopt a measure of task-based routineness from Autor and Dorn (2013) to investigate the effects of routineness on various demographic groups. I analyze data from the Current Population Surveys between 1976 and 2017 to determine which groups, separated by race, gender, and age, are most strongly affected by routine-biased technological change. My findings suggest that women are most negatively affected by occupational routineness. Further, both women’s concentration in highly routine occupations and women’s educational attainment trends from 1976 to 2017 could explain women’s increasing susceptibility to changes in routineness.

The Effect Of Bike Lane Infrastructure On Urban Housing Markets, Bracken Woolley

Honors Theses

Across the United States, cities are increasing their level of investment in bicycle infrastructure. The environmental and health benefits of this infrastructure are clear, but less research has been conducted on its economic impacts. This study examines the effect of bicycle infrastructure, specifically bike lanes, on New York City housing markets. Specifically, I look at the impact of bike lane length on median rent and percent vacancy in a given census tract. In addition to the independent variable of focus, bike lane length, census-based data was used to control for other economic and demographic factors that could impact property values. …

La Dialéctica, David Harvey

Publications and Research

Raymond Williams eligió el recurso de pensar ‘mundos posibles’ ficticios para abordar la complejidad de temas relativos al lugar, el espacio y el ambiente. ¿Sin embargo, será que este era un recurso necesario, o más bien una estrategia aleatoria suya para profundizar en el estudio de la teoría de la cultura? Empezaré en este capítulo por demostrar que la estrategia empleada por Williams no es necesaria en absoluto. Espero poder demostrar que la investigación materialista histórica, inducida por un entendimiento dialéctico, puede integrar los temas de lugar, espacio y ambiente (naturaleza) en la teoría social y en la teoría literaria. …

Share Retention, Underwriter Reputation, And Initial Public Offering Underpricing, Marcia Yvonne Reid-Grant

Walden Dissertations and Doctoral Studies

Initial public offering (IPO) underpricing is a costly practice that decreases the IPO proceeds accruing to the issuing firms and can derail a firm's growth objectives. The purpose of this correlational study was to determine the relationship between share retention, underwriter reputation, and IPO underpricing among a population of IPOs issued in Jamaica. The efficient market hypothesis served as the theoretical framework for this study. Archived data for 52 IPOs issued in Jamaica from 1986 to 2018 were collected and Spearman's correlation matrix and heteroscedasticity-consistent standard errors regression analysis were applied. The outcomes of this study indicated no significant relationship …

Examining The Impact Of University Sports Success On Freshman Act Scores: An Empirical Analysis, Connor Yackels

Honors Theses

My study presents a model in which incoming freshman ACT scores are a function of football, basketball, and baseball regular season and postseason success, using academic variables as controls. I contribute to the existing literature by including baseball in the analysis in addition to football and basketball, using ACT scores instead of SAT scores, using a unique and expanded set of variables to measure sports success, and more recent data. For the time period 2006-2014, I find weak evidence that supports the hypothesis that athletic success positively influences ACT scores.

Crime And The Business Cycle In Mississippi, Taylor Thrasher

Honors Theses

This thesis examines the relationship between crime and the business cycle in Mississippi. Working with a theoretical model of the individual's decision to commit a crime, I show that an increase in legal income decreases an individual's propensity to commit crime. I then use regressions to estimate the long-run and short-run income elasticities of violent crime, burglary, larceny, and vehicle theft. The long-run empirical model shows how income growth effects crime growth, and the short-run empirical model shows how income variability effects crime variability. In the long run, I find that as income increases (decreases), both burglary and larceny decrease …

Cost-Effectiveness Analysis Of Preimplantation Genetic Screening, William Andrew Moye

Walden Dissertations and Doctoral Studies

In vitro fertilization (IVF) is used to help infertile couples achieve a live birth. Clinical studies have suggested that multiple, consecutive cycles of IVF can increase live birth rate significantly. Others have documented improved live birth rates from the use of new laboratory techniques for preimplantation genetic screening (PGS). This genetic screening technique seeks to determine the ploidy of the embryo prior to implantation into the woman. To date, no study has examined the cost-effectiveness of using IVF in conjunction with PGS compared to that of IVF alone for 3 consecutive cycles in achieving a live birth. This study compared …

Beliefs Influencing Hiring Agents' Selection Of Qualified Autistic Candidates, Angela Marie Mai

Walden Dissertations and Doctoral Studies

Qualified and capable working age autistics face an 83% unemployment rate, thus, straining the economy and deteriorating their quality of life. This research examines potential contributing factors by inquiring what hiring agents' beliefs may be influencing their selection of qualified autistic candidates. This quantitatively weighted, concurrent, mixed methods (QUAN > qual), multiple linear regression study measured the influence of hiring agents' control, normative, and behavioral beliefs upon their selection of qualified autistic candidates. Through the theoretical lens of Ajzen's theory of planned behavior, conceptually crystallized with other validated theories; a representative, simple, random probability sample of hiring agents throughout the contiguous …

Deconstructing The Corporate Psychopath: An Examination Of Deceptive Behavior, Corey A. Shank

School of Economics and Finance Faculty Publications

This paper examines whether business students deceive others more often than non-business students. A cheap talk experiment and an ethics questionnaire are employed to examine the subject’s behavior. Fundamental differences, such as psychopathic personality, are used to examine their role in deceptive and unethical behavior. The results show that business students deceive others for personal gain more often than non-business students when there is the most to gain; however, business students find deception committed by others as unethical. Business students exhibit more psychopathic tendencies compared to non-business students, including being more likely to fit the prototypical psychopath profile. This fundamental …