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2018

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Full-Text Articles in Economics

The Impacts Of Natural Disasters On Educational Attainment: Cross-Country Evidence From Macro Data, Lois Onigbinde May 2018

The Impacts Of Natural Disasters On Educational Attainment: Cross-Country Evidence From Macro Data, Lois Onigbinde

Master's Theses

Do natural disasters impact educational attainment? Education as a paramount factor of economic development suffers from the uncontrollable effects of these increasing events from storms to floods, earthquakes to wildfires. Globally, educational resources are destroyed, directly and indirectly, students and teachers are displaced or killed, parents’ income is affected because of natural disasters. Investments in human capital for rich- and low-income countries are exposed to the uneven impact of natural disasters that adjusts household and country-level decisions, leaving them to short and long-run losses. Exploring the influence of natural disasters on secondary school attainment across a sample of 85 countries …


The Relationship Between Information And Communication Technology, Financial Development, Electricity Consumption And Economic Growth In Oecd Countries: A Panel Investigation, Olawumi Osundina May 2018

The Relationship Between Information And Communication Technology, Financial Development, Electricity Consumption And Economic Growth In Oecd Countries: A Panel Investigation, Olawumi Osundina

Andrews Research Conference

This study attempts to investigate the dynamic relationship between information and communication technology (ICT), electricity consumption (EC), real gross domestic product per capita (GDPC) and financial development (FD) for selected sixteen OECD countries in a balanced framework between the periods of 1990 and 2014. This paper employs relatively new panel estimation techniques that accounts for heterogeneity and cross-sectional dependency in order to enable robust estimates and avoid spurious analysis. Empirical evidences reveal that there is cross-sectional dependency among the countries investigated as shown by Pesaran (2004). Thus, this current study proceeds to second generation panel econometrics techniques for reliable and …


Promesa, Puerto Rico And The American Empire, Pedro Caban May 2018

Promesa, Puerto Rico And The American Empire, Pedro Caban

Latin American, Caribbean, and U.S. Latino Studies Faculty Scholarship

As the United States ascended to hyper-power status during the late 1970s, it changed colonial policy in Puerto Rico. The change, which included the elimination of favorable tax legislation and demilitarization, devastated Puerto Rico’s economy. Puerto Rico borrowed heavily in a failed effort to offset the dramatic decline in capital inflows. The federal government enacted PROMESA after Puerto Rico announced it could not repay the debt. The law was designed to restore Puerto Rico to financial solvency by imposing oppressive austerity measures. PROMESA was a watershed event because it stripped Puerto Rico of the limited sovereignty the federal government had …


Is Loss Aversion Costing You Money?, Tanner Eastmond, Dr. Joseph Price May 2018

Is Loss Aversion Costing You Money?, Tanner Eastmond, Dr. Joseph Price

Journal of Undergraduate Research

Loss aversion is a well-documented behavioral phenomenon originally proposed by Kahneman and Tversky (2013). The idea is that people value losses more than they do commensurate gains. Many researchers have examined the effects of loss aversion on an individual level, but many economists think that these effects evaporate in highly competitive situations and when professionals are involved. This study seeks to examine whether individual loss aversion is reflected in aggregate stock prices.


Don’T Worry Be Happy: Analysis Of Happiness As An Economic Measurement, Kofi Boadu May 2018

Don’T Worry Be Happy: Analysis Of Happiness As An Economic Measurement, Kofi Boadu

Master's Theses

Everyone wants to be happy. Happiness however never seems to be a national goal. A possible answer is that happiness is subjective and on its own may not be reflective of the economic status of a country. Therefore, should people’s happiness should be treated equally with other traditional economic measurements? This cross-country level study looks at the relationship between happiness and traditional economic measurements; mainly GDP per capita. Questions concerning whether GDP per capita indeed captures the overall well-being of a citizen and happiness’ eligibility as an economic measurement are addressed. Findings confirm that happiness and GDP per capita are …


Female Risk Aversion: Experimental Evidence From Myanmar, O Mandalay May 2018

Female Risk Aversion: Experimental Evidence From Myanmar, O Mandalay

Master's Theses

Present literature shows that the risk tolerance of females is generally lower than that of males, but in some circumstances, it can exceed – when concerning the welfare of the offspring, for example. Many experiments and data suggest that the dynamics of female risk tolerance depend on context and type of rewards involved as well as cultural norms. In our experiment, holding the culture and the context fixed, we found that females took less risk than males. Our experiment was conducted in Myanmar using a lottery selection method to measure risk over five consecutive rounds. We found 1) female risk …


Swimming For More Than Gold: How Swimming Participation And Success In Elite International Swimming Events Can Decrease Drowning Rates Across The World, Joshua R. Cottle May 2018

Swimming For More Than Gold: How Swimming Participation And Success In Elite International Swimming Events Can Decrease Drowning Rates Across The World, Joshua R. Cottle

Undergraduate Economic Review

International swimming provides an opportunity for thousands of swimmers to compete at the highest level of the sport. In this paper, I argue that participation and success in these events can influence drowning rates across the world. My analysis suggests that one of the most notable negative influences on drowning rates is swimming participation in countries that have the smallest roster sizes and the lowest average income levels. My analysis shows that swimming success in the Olympics has a significant positive effect on drowning rates in countries in the middle-income brackets.


North Central Extension Risk Management Education Center, Christine Lockert, Cheryl Griffith, Bradley D. Lubben May 2018

North Central Extension Risk Management Education Center, Christine Lockert, Cheryl Griffith, Bradley D. Lubben

Cornhusker Economics

After several years of growing agricultural prosperity and United States net farm income that peaked at $124 billion in 2013, the most recent forecast from UDSA’s Economic Research Service projects net farm income at less than $60 billion for 2018. The drop of more than 50% since 2013 is primarily due to a decline in commodity prices, presenting significant challenges for agricultural producers. While the aggregate financial position of U.S. agriculture remains relatively strong with a debt-asset ratio of less than 13% (USDA-ERS, 2018), total debt has grown while profit margins have shrunk, putting more pressure on management decisions and …


India's Economic Growth: Role Of Political Performance And Gender Wage Gap, Rajeev Indira Nagaraju May 2018

India's Economic Growth: Role Of Political Performance And Gender Wage Gap, Rajeev Indira Nagaraju

Dissertations and Theses

This dissertation will explore how gender wage gap and political capacity represented by relative political extraction affect change in economic growth rate of a country. The main argument of the study is that gender wage gap is affecting the labor market by discouraging productive female labor force from entering the labor market. This in turn affects the efficiency and productivity of the labor market reflected in negative economic growth or economic growth potential being compromised. Here the case of Indian economy is examined. The important policy implication of this study is that it could account for the wage differential between …


Investigating The Gender Gap In Grade Sensitivity For Economics Majors, Brittany Farnsworth Russell, Dr. Eric Eide May 2018

Investigating The Gender Gap In Grade Sensitivity For Economics Majors, Brittany Farnsworth Russell, Dr. Eric Eide

Journal of Undergraduate Research

For my research I used institutional data from Brigham Young University as well as survey data from students to investigate the effect of gender and grade in Econ 110 on the probability of choosing economics as a major. This topic is of interest because the percentage of female economics majors at BYU is 16%, well below the national average. The aim of this project was to determine whether female students react differently to grades than male students. Previous research has documented a gender gap in grade sensitivity that leads women with lower grades to drop out of economics while men …


Mixing The Business Of Pleasure: How Mixing Shaped The Labor And Narratives Of Female Entertainers In Mid-Twentieth Century America, Evan Maryl Casey May 2018

Mixing The Business Of Pleasure: How Mixing Shaped The Labor And Narratives Of Female Entertainers In Mid-Twentieth Century America, Evan Maryl Casey

UNLV Theses, Dissertations, Professional Papers, and Capstones

In mid-twentieth century America, the practice of mixing – the required visibility of performers outside of their time on stage for an economic purpose – cut across the various genres of sexualized female labor, from showgirls to exotic dancers and the professional women who occupied the space between. Mixing required performers socialize with patrons, encouraging them to buy drinks and was expected of a wide variety of female professionals in the decades following the Second World War, including burlesque performers, gogo dancers, exotic dancers, and showgirls, hostesses, waitresses, and B-girls. Women’s bodies have historically been a part of a commercialized …


Impact Of Innovative Menstrual Technology And Awareness On Female Empowerment Outcomes In Rural Nepal, Anjali Limbu May 2018

Impact Of Innovative Menstrual Technology And Awareness On Female Empowerment Outcomes In Rural Nepal, Anjali Limbu

Master's Theses

In developing countries, menstruation poses two significant challenges for females. First, the resources required for periods are expensive for those in low-income communities. Hence, the absence of such menstrual products lowers females’ access to schooling and employment. Next, periods are also heavily stigmatized – especially in poorer or rural areas. Such taboos surrounding menstruation negatively impacts females’ psychological development and hamper their prospects of socialization. Thus, to analyze this issue, we ran a randomized control trial in Nepal, where we provided reusable menstrual pads and / or health seminar to 312 schoolgirls and 100 of their mothers. Our outcomes demonstrate …


Essays On Financial And Monetary Economics, Xi Wang May 2018

Essays On Financial And Monetary Economics, Xi Wang

Arts & Sciences Graduate Student Theses and Dissertations

The first part of this dissertation explores an empirical relevance to understand the equity premium puzzle. Since only the wealthiest people invest significant amounts in the stock market (limited participation), it is reasonable to combine the consumption data of the wealthy, instead of aggregate data, with observed asset returns to estimate the risk aversion coefficient (RRA). I approximate the consumption by the rich from two angles: one explores the income and wealth data to back out synthetic consumption directly, and the other explores the sales data to approximate the expenditure by the rich. By using the created indices, the lowest …


Essays On Entrepreneurship, Yvonne (Yinghong) Zhang May 2018

Essays On Entrepreneurship, Yvonne (Yinghong) Zhang

Arts & Sciences Graduate Student Theses and Dissertations

My papers have been focused on topics around entrepreneurship. From a micro perspective, my research adds to the still sparse literature on the entrepreneurial decisions within a household framework; while from a macro perspective, my research investigates the recent declining entrepreneurship in the United States during the past two decades. I start in Chapter 2 with the empirical finding that married people are more likely to be entrepreneurs than their single counterparts. I identify a causal effect that marriage increases entrepreneurship by employing a recent marriage policy reform in Australia as a natural experiment. The 2008 federal policy reform requires …


Essays On Macroeconomics, Sangmin Aum May 2018

Essays On Macroeconomics, Sangmin Aum

Arts & Sciences Graduate Student Theses and Dissertations

My dissertation investigates how technological progress shapes economy. Technological changes have heterogeneous effects on economic agents as they are often biased toward certain tasks or sectoral activities. The dissertation aims at understanding the sources of heterogeneity and their impacts on aggregate outcomes, focusing on economic growth and labor allocation.The first chapter investigates a bi-directional relation between technology and occupational structure (job allocation). Jobs have polarized in the U.S. since at least the 1980s, but the growth of high-skill jobs has been stagnated since 2000s (skill demand reversal). I document that software innovation has increased compared to equipment innovation and relate …


Essays On Economic Growth, Minhyeon Jeong May 2018

Essays On Economic Growth, Minhyeon Jeong

Arts & Sciences Graduate Student Theses and Dissertations

My dissertation investigates how economic growth is determined in the long run. To do this, I focus mainly on culture and institutions as fundamental growth factors and develop a general theoretical framework in which culture, institutions and growth are all endogenously determined. Using the framework, I highlight the crucial role of interaction between culture and institutions in the long-term growth.Chapter 1. Endogenous Financial Friction and GrowthThe first chapter investigates the role financial frictions play in economic growth. Most existing studies consider an exogenous form of borrowing constraint, the tightness of which is arbitrarily fixed at a certain value over time. …


Essays On Macroeconomics And Economic Development, Lijun Zhu May 2018

Essays On Macroeconomics And Economic Development, Lijun Zhu

Arts & Sciences Graduate Student Theses and Dissertations

Chapter 1: The labor share of national income in the United States has declined since the 1980s and especially after 2000. My paper focuses on the role played by technological change in this process. In particular, firms that adopt new technologies achieve a low labor share, and grow and take a larger market share over time. An example is online retailers such as Amazon, empowered by information technology, that have a lower labor share than traditional retailers, and have continually expanded over the last 20 years. This realloca- tion process drives down the aggregate labor share. I first document three …


Money Matters: Exploring The Financial Resources For Sports Medicine Programs In Public And Private Secondary Schools--A Qualitative Study, Natalie Mercedes Aviles Flores May 2018

Money Matters: Exploring The Financial Resources For Sports Medicine Programs In Public And Private Secondary Schools--A Qualitative Study, Natalie Mercedes Aviles Flores

UNLV Theses, Dissertations, Professional Papers, and Capstones

Context: Institutional funding and strained school budgets are a barrier to placing certified athletic trainers (ATCs) in secondary schools. The size and location of a school appear to be coinciding limitations (Mazerolle et al, 2015), but what is lacking in the literature is an

evaluation of how schools manage to provide adequate medical coverage. Resources are available, but there is question as to whether these schools consider or even utilize them.

Objective: The aim of this qualitative study is to explore the funding techniques and budget sources of high school athletic training clinics from the perspective of both private and …


Building A Bridge Between Philanthropy And Profit: The History, Economics, And Politics Of Environmental Impact In A Commerce Society, Yekaterina Goncharova May 2018

Building A Bridge Between Philanthropy And Profit: The History, Economics, And Politics Of Environmental Impact In A Commerce Society, Yekaterina Goncharova

Student Theses 2015-Present

This paper examines our consumerist society through past and present data, business practice, supply chain, economics, and its impact on human and environmental well-being. Upon examination, the thesis aims to suggest change through social indicators and policy. It answers numerous questions surrounding both the problems and solutions associated with environmental policy. These include: the question as to what exactly is social and environmental impact investing? What are current changes impacting humanity’s ecological footprint? Why does society need to make changes? Most importantly, it assesses how we can change? Chapter 1 explores the past and what led to an increase of …


Comments On National Water Policy, Ishrat Husain Dr. May 2018

Comments On National Water Policy, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

First of all thank you for providing this opportunity to share my views about the National Water Policy. I would like first to commend the Prime Minister and Chief Ministers for bringing to fruition an exercise which has been going on and pending for 16 years. I remember when I was in the government in 2002 we started this process of formulating a National Water Policy but it never saw the light of day so this government and the chief ministers deserve our commendation for bringing this to a point where we can have a policy on which we can …


An Environmentalist View Of Kentucky And Its Natural “Suitors” By Literary Analysis, Samuel C. Kessler May 2018

An Environmentalist View Of Kentucky And Its Natural “Suitors” By Literary Analysis, Samuel C. Kessler

Sierpinski’s Square

An Environmentalist view of Kentucky and its Natural “Suitors” by Literary Analysis

Abstract

In the book “Divine Right’s Trip”, by Gurney Norman, the author provides a more modern, psychedelic-age epic, where the traditional theme of homecoming, often witnessed in Greek epics like the Odyssey, makes a connection with environmentalism. One reason for the unique combination of these themes is the effect created by a specific appeal for environmental support accompanied with the return of the main character, Divine Right (D.R.), to his small hometown in Eastern Kentucky where coal mining remains the prevalent employer. Upon his homecoming to Kentucky, D.R …


Transitions From Higher Education To The Labor Market: Merit Aid, Time To Degree Signals, And Major Choice, Christopher P. Erwin May 2018

Transitions From Higher Education To The Labor Market: Merit Aid, Time To Degree Signals, And Major Choice, Christopher P. Erwin

Economics ETDs

Human capital production is central to economic wellbeing from a national perspective: it improves productivity, spurs technological innovation, and promotes sustainable economic growth over time. Equally important, investments in human capital are central to economic wellbeing at the individual level. College graduates tend to earn more money, are more employable, are better able to manage economic downturns, and have even been shown to have better health. Moreover, for many students, the college experience is an important lesson in living independently, developing social and professional networks, and generally taking on more responsibility in one’s life. It has been said that pursuing …


A Social Media Analysis Of Users, Their General Happiness, And The Impact On Marketers, Megan Hamberg May 2018

A Social Media Analysis Of Users, Their General Happiness, And The Impact On Marketers, Megan Hamberg

Mahurin Honors College Capstone Experience/Thesis Projects

As the internet and social media become more prominent in today’s society, it is important for marketers and others to understand who is using these platforms and how this usage affects overall happiness. Using data gathered from the General Social Survey (GSS) 2016 Cross-Section and a survey created and distributed to Western Kentucky University (WKU) Students, this research examines the effect of demographic variables on whether or not respondents utilize Facebook, Instagram, Twitter, and Snapchat. Then, the impact of having accounts on these social media platforms on users’ overall general happiness is analyzed. Several other regressions were run and analyzed …


The Impact Of Region Of Origin On Industry Of Choice, Anna Williams May 2018

The Impact Of Region Of Origin On Industry Of Choice, Anna Williams

Mahurin Honors College Capstone Experience/Thesis Projects

America’s population is constantly growing not just in numbers, but in diversity as well. Immigration, while a controversial issue, is a topic that affects every American. While there have been a multitude of studies done about migrants, few have looked at region of origin as a primary factor in economic decisions regarding migration. How much impact does their home country have on their occupational choices? Using microdata from the American Community Survey (ACS) from 2001 to 2016, this multinomial logit regression equation calculates the impact of certain regions of origin on choosing jobs in Manufacturing, Construction, Professional Services, and Other …


One Team: A Historical Analysis Of Inequalities Between Men's And Women's Professional Soccer, Allyson O. Braciska May 2018

One Team: A Historical Analysis Of Inequalities Between Men's And Women's Professional Soccer, Allyson O. Braciska

Gender, Sexuality and Women's Studies Student Scholarship

The United States Soccer Federation (U.S.S.F.) governs the sport of soccer at the youth recreational, teen elite, and adult professional levels, and is one of the few organizations in the country that governs both the men’s and women’s sides of the respective sport. This paper examines differences between U.S. men's and women's soccer at the adult professional and identifies areas of discrimination based on gender. Inequalities experienced by women coaches and players include wage disparity, a lack of television broadcasting space, differences in sponsorships and media portrayal of players, unequal playing and living conditions, a shortage of women in positions …


National Agri-Marketing Association Annual Conference A Winning Combination Of Experiential Learning And Networking, Erika Harms, Rosalee A. Swartz, Kara Heideman May 2018

National Agri-Marketing Association Annual Conference A Winning Combination Of Experiential Learning And Networking, Erika Harms, Rosalee A. Swartz, Kara Heideman

Cornhusker Economics

The National Agri-Marketing Association (NAMA) is comprised of 22 professional chapters in 6 regions nationwide and 33 student chapters at universities across the United States and Canada. NAMA members include professionals in agribusinesses, advertising and public relations agencies, commodity associations, and faculty, staff, and students. Nebraska’s professional Cornhusker Chapter has nearly 70 members and Nebraska NAMA student members are invited to Cornhusker Chapter meetings to learn about the latest trends and rub shoulders with marketing professionals. This network of professionals— at the state and national levels—provides valuable opportunities for Nebraska NAMA students.


How Drug Treatment Availability Affects Child Abuse, Michael Ricks, Dr. Lars Lefgren May 2018

How Drug Treatment Availability Affects Child Abuse, Michael Ricks, Dr. Lars Lefgren

Journal of Undergraduate Research

The consumption of illicit drugs is on the rise. In 2013 the number of people in the United States who admitted that they had used an illegal drug in the last month rose to an all-time high of 24.6 million (NIDA). As drug use spreads across the nation, so do efforts and initiatives to curb its rampant negative effects, ranging from stricter law enforcement, more comprehensive treatment, and broader inoculation efforts. While it seems that few of these interventions have proven to be effective—let alone cost effective—Swensen (2015) demonstrated that more available significantly reduces the number of drug related deaths …


2018 Chapman Environmental Audit: Sustainable Purchasing Policy, Kc Hoppel May 2018

2018 Chapman Environmental Audit: Sustainable Purchasing Policy, Kc Hoppel

Student Scholar Symposium Abstracts and Posters

Chapman University maintains its commitment to a “campus culture that promotes a sustainable future” in its Sustainability Policy, which was implemented in 2014. However, the University currently has no mechanism to ensure this sustainable decision-making process occurs. One of the surest ways to guarantee this change is to enact a University-wide sustainable purchasing policy that ensures consistency between departments. Institutions benefit from sustainable procurement by receiving more efficient and long-lasting products, protecting and enhancing the local and global environment, supporting innovative technologies, creating a diverse supply chain, and gaining a competitive edge as a leading institution. A few cost-benefit analyses …


Open Ears, Open Mind, Open Heart: Active Listening, Mia Nguyen May 2018

Open Ears, Open Mind, Open Heart: Active Listening, Mia Nguyen

Service-Learning | Student Scholarship

Active listening is the act of listening with all senses– the body, the mind, and the soul. It means empathizing with another person and finding that place within ourselves where we can listen beyond our initial judgements and personal feelings. It is listening beyond words and allowing our souls to understand, connect, and accept one another. Active listening sparks internal purity eliminating all types of judgement and allowing us to truly take in what another person has to offer. It is “an experience of language as a bodily felt process” in which we have a felt understanding rather than a …


What Works To Help Manufacturing-Intensive Local Economies?, Timothy J. Bartik May 2018

What Works To Help Manufacturing-Intensive Local Economies?, Timothy J. Bartik

Upjohn Institute Technical Reports

No abstract provided.