Economics Commons^™

Socio-Economic Implications Of Genetic Testing, Hailey Lane

Student Papers in Local and Global Regional Economies

This paper examines the ecological, sociological, and economic impacts of genetic testing offered commercially by companies like 23andMe. It applies genetic testing to the Veblenian Dichotomy, discusses the application of genetic testing to the UN’s Sustainable Development Goals, and provides commentary on the ethical implications of genetic testing and the impossibility to detract normative and positive approaches from the potential effects of further innovation within genetic testing.

States Lack Adequate Unemployment Insurance Reserves, Christopher J. O'Leary

Upjohn Institute Policy and Research Briefs

No abstract provided.

The Nutria That Roared: How Building Coalitions Can Empower The Small To Drive Great Change, Michael Hecht

New England Journal of Public Policy

Hurricane Katrina saved the New Orleans economy. To be clear, Hurricane Katrina was not “good”—it was a devastating event, the most destructive storm in American history, costing thousands of lives and billions of dollars in damage. But when the books are written, and the story is told, the conclusion will be inescapable: Hurricane Katrina marked a profoundly positive inflection point in the New Orleans economy.

Learning Outlines And Teacher Training: A Difference-In-Differences Evaluation Of Pratham Government Partnerships In India, Victoria Beecroft

Undergraduate Honors Theses

India is working to improve learning in primary schools. In this paper, I evaluate the impact of partnerships between Pratham, an education-centered NGO, and Indian government schools. Using a difference-in-differences design to examine the impact of the partnership in Uttar Pradesh, I find a positive short-run effect (a 7% increase in test scores) using state-wide ASER data, and I find inconclusive effects using data restricted to government schools. Considering channels through which the partnerships may impact student learning, I conclude that the program shows potential to have positive, longer-term effects.

Contract Work At Older Ages, Katharine G. Abraham, Brad J. Hershbein, Susan N. Houseman

Upjohn Institute Working Papers

The share of workers who are self-employed rises markedly with age. Given policy concerns about inadequate retirement savings, especially among those with lower education, and the resulting interest in encouraging employment at older ages, it is important to understand the role that self-employment arrangements play in facilitating work among seniors. New data from a survey module fielded on a Gallup telephone survey distinguish independent contractor work from other self-employment and provide information on informal and online platform work. The Gallup data show that, especially after accounting for individuals who are miscoded as employees, self-employment is even more prevalent at older …

Power, Property Rights, And Political Development: A Property Rights Theory Of Political Development And Its Application To The Study Of Development In Honduras And Costa Rica, Ricardo R. Noé

USF Tampa Graduate Theses and Dissertations

Following the dissolution of the Federal Republic of Central America in 1838, Costa Rica and Honduras were highly underdeveloped politically and economically, while at the same time lacking a strong conservative presence found in the more politically established and economically developed Central American countries of Guatemala and El Salvador.

However, By the late 20th century Costa Rica established itself as a bastion of democracy in Latin America, supported by a strong middle class. While on the other hand, Honduras would fall victim to a continuous string of coup d’états, with the last being in 2009, by a military that did …

State Unemployment Insurance Reserves Are Not Adequate, Christopher J. O'Leary, Kenneth J. Kline

Upjohn Institute Working Papers

Regular unemployment insurance (UI) benefits are paid from reserves held in state accounts at the U.S. Treasury. The Great Recession exhausted the majority of UI reserve accounts, and not all states have rebuilt reserves. We examine the adequacy of current state and systemwide UI reserves to weather a mild, moderate, or severe recession in the coming months. Our results suggest that a recession as severe as the average of those occurring since 1975 would cause 18 states to exhaust UI reserves. Our simulations account for the fact that several states have cut benefit generosity since the Great Recession ended. Results …

Exploring The Effects Of International Wage Differences On Brain Drain, Austin Martin

Undergraduate Economic Review

This paper examines how international wage differences affect brain drain by comparing the effects of skill-specific wage differences on low, medium, and high-skilled emigration. Previous literature explores qualitative factors behind migrant flow, but there is little focus on the role of wage differences in individuals’ decisions to emigrate. A relatively new data set on emigration rates by education level and a modified gravity model provide a unique analysis of bilateral migration flows. This paper finds that wage differences may have a significant and positive effect on and low-skilled emigration, but a less significant effect on high-skilled emigration or brain drain.

The Political Economy Of Inequality: U.S. And Global Dimensions, Sisay Asefa Editor, Wei-Chiao Huang Editor

Upjohn Press

The contributors to this book discuss a variety of forms of social inequality which include large gaps in accumulated assets, discrepancies in access to quality education, unstable family life, lack of access to banking services, poor employment prospects, lack of health care services, and underrepresentation for political and legal matters. Together, they show how these forms of inequality are interrelated with income inequality and that, taken together, they pose the risk for societal and political unrest should they be left unresolved.

Working Paper No. 41, On Baseball And Thorstein Veblen’S Understanding Of Instincts, Brian Burres

Working Papers in Economics

This inquiry seeks to establish that, Thorstein Veblen’s understanding of instincts can be used to offer insights into to the game of baseball. Veblen’s view of instincts serves as a way for understanding different behaviors exhibited by those involved in the game. Behaviors can be broadly categorized into “selfregarding” and “group-regarding”. Applying Veblen’s understanding of instincts to baseball offers a novel perspective on actions taken and behaviors displayed by those participating in, as well as those who stand behind the game. Some human actions appear to be for the betterment of the game, and these actions align with Veblen’s understanding …

An Empirical Analysis Of Individual Events In Collegiate Forensics, Jordan Duffin Wong

Honors Program: Senior Projects (Public)

Anecdotally, it is a widely accepted notion in the United States’ collegiate competitive speech and debate community that a competitor’s strong record of competitive performance in the activity at the high school level is a powerful predictor of similar success in the activity at the collegiate level. However, no evidence has been brought to bear supporting this claim. This paper uses the universe of American Forensic Association National Individual Events Tournament results from 2013 to 2018 and links collegiate competitors to their respective high school performance data. I demonstrate evidence that high school experience does, in fact, appear to play …

Effects Of Relative Position On Success In Dancing Competitions - Lessons For Discrimination In Recruitment Processes, Jan P. Ringling

Undergraduate Economic Review

This article argues that there exists a further reason for discrimination beside taste and statistics, based on cognitive bias in the human thought process. The order in which one appears to recruiters in the hiring process also influences the chances of being hired in a non-linear way. When the characteristics of particular groups of people correlate with their order in which they appear in the hiring process, they stand a higher or lower chance of being hired. Preliminary evidence based on the results of the United Kingdom’s largest student dancing competition supports this hypothesis, but finds only a …

Stadium Apartments: A Mixed-Use Development Proposal, Connor Lee Wen

Undergraduate Honors Theses

Stadium Apartments is a proposed class-A mixed-use development located on 4.3 acres of land at 88 W 1300 S, Salt Lake City UT. The single parcel is currently owned by Salt Lake City and is being operated as a parking lot. Salt Lake City hopes to develop the parcel in order to provide stable income to maintain the Smith’s Ballpark across the street. A detailed market and financial feasibility analysis has determined that a development consisting of 448 dwelling units (319,176 rentable square feet) and 3,750 square feet of retail space will both meet the goals of the city and …

Nebraska Cooperative Development Center Announces Mini-Grant Funding, Charlotte Narjes

Cornhusker Economics

Since 1999, the Nebraska Cooperative Development Center (NCDC) has provided technical assistance, education and training to groups who are developing or are considering the development of a cooperatively owned business. The primary objective is to improve the economic condition of rural areas through cooperative business development.

Profit Shifting And Corruption, Katarzyna Anna Bilicka, André Seidel

Economics and Finance Faculty Publications

This paper introduces heterogeneous profit shifting costs induced by corrupt tax officials to the analysis of profit shifting of multinationals. Using a theoretically derived corruption weighted tax differential, we show that corruption increases profit shifting of European firms. We use our estimates to calculate the implied tax revenue elasticities for European countries and find that countries with otherwise similar tax rates face lower tax revenue elasticities when they are more corrupt. This means that corruption negatively affects the revenue gains that countries could have from increasing their tax rates.

Trends In Hospital Prices: Evidence From Hospital Chargemasters, Ulysse G. Mccann Iii

Undergraduate Honors Theses

In light of recent price transparency laws, this paper examines evidence from hospital list prices, contained on “chargemasters,” with regard to price trends over time, price variation between hospitals, and price variation between categories of goods and services provided by hospitals. I use data from California’s Office of Statewide Health Planning and Development (OSHPD) for 32 general acute care hospitals in Los Angeles County from 2011–2019. The data shows that the average list price for hospitals in the sample rises by about 3% annually. Prices between hospitals in the sample, which are similar in geography and the population served, vary …

Search, Information, And Prices, Dirk Bergemann, Benjamin Brooks, Stephen Morris

Cowles Foundation Discussion Papers

Consider a market with identical firms offering a homogeneous good. A consumer obtains price quotes from a subset of firms and buys from the firm offering the lowest price. The “price count” is the number of firms from which the consumer obtains a quote. For any given ex ante distribution of the price count, we derive a tight upper bound (under first-order stochastic dominance) on the equilibrium distribution of sales prices. The bound holds across all models of firms’ common-prior higher-order beliefs about the price count, including the extreme cases of full information (firms know the price count) and no …

Political Design Meets Policy Complexity, Roland Pongou, Jean-Baptiste Tondji

School of Economics and Finance Faculty Publications

The rules that are employed to pass policies in legislative bodies vary widely. It is generally argued that policies that differ in complexity or importance level should be decided under different kinds of voting rules. While this question has been examined for static legislative mechanisms, an analysis of the precise relationship between the level of policy complexity and the type of voting rule is still missing for dynamic mechanisms. We address this problem from the perspective of a preference-blind political designer. Given the level of complexity of the decision that is to be made, the political designer's goal is to …

Justice In Exchange: The Difficulty Of Establishing Commensurability In Aristotle’S Nichomachean Ethics, Asher Hilton

Honors Program: Senior Projects (Public)

In Chapter 5 of Book V of the Nichomachean Ethics, an analysis of justice in exchange leads Aristotle to conclude that differing things can only be made commensurate in a practical sense. The passage sets up a relationship between association, exchange, equality, and commensurability in market exchange and leaves Aristotle with differing notions of commensurability. Aristotle considers demand (a need for resources) to be a means of resolving the tension; however, this possibility is subject to objections. Aristotle’s analysis of association for exchange is problematic, as is his exchange-equality relationship; examples from economic game theory illustrate the objections to …

Working Paper No. 43, Towards A Veblenian Theory Of Instincts, Duane Murray

Working Papers in Economics

This inquiry seeks to establish that in his writings, Thorstein Veblen offers a comprehensive and insightful contribution towards an understanding of instincts. Instincts can be viewed self-regarding and thought to promote the survival of the individual. Other instincts can be classified as group-regarding and contribute towards the continuation of society. Instincts can lead to the formation of habits and to combine to create societal institutions that govern human behavior. With the passage of time, instincts, habits, and institutions are thought to contribute to economic and societal evolution.

Working Paper No. 52, Some Of The Profound Effects Of World War I On France, Zachary Mckinster

Working Papers in Economics

This inquiry seeks to establish that World War I engendered profound effects over the population, economy, and nation of France. The word ‘profound’ suggests significant and permanent changes affecting individuals, the society, and the economy at large. Penetrating into France’s 20th century history through the account of Louis Barthas, an infantry soldier, provides stark contrast to ‘conventional’ narratives through providing insights into some of the effects of industrialized combat, thereby allowing for a deeper understanding of the traumas suffered. Clarifying developments taking place in the French economy provides a foundation for better understanding some of the effects of WWI. This …

Planning For Student Initiative: Creating A Digital Textbook, Ronald Vaughan Morris

The Councilor: A National Journal of the Social Studies

Undergraduate students enrolled in a university class created an elementary social studies book delivered to computers, personal communication devices, and tablets. Students worked in an interdisciplinary team to create the interactive platform. The students worked with both university and community partners to create the text. The study presented described both the content and the process of student generation of material followed by community member review, and the revision cycle used by the students to create features and components of the text materials. A variety of false starts and marketing challenges reflect the obstacles undergraduate students face when creating marketable products …

Juxtaposing Primary- And Intermediate-Elementary Trade Books’ Historical Representation Of Amelia Earhart, Rachael A. Burkhardt

The Councilor: A National Journal of the Social Studies

Amelia Earhart can be used in the classroom not only to interest students but can also be used to cover Common Core State Standards (CCSS), National Council for the Social Studies (NCSS) framework, and Next Generation Science Standards (NGSS). When teaching Amelia Earhart, textbooks, trade books, and primary sources can be used, however one must be careful with the misrepresentations each resource can portray. To look at what is misrepresented, omitted, and included within primary and intermediate grade level trade books, 32 books were scrutinized. The trade books being analyzed were found to have some historically representative and misrepresentative elements …

Hello From The Other Side: Social Studies Faculty Teaching Biography Within State History Courses, Aubrey B. Southall Phd, Lauren Y. Bradshaw Phd

The Councilor: A National Journal of the Social Studies

This paper explores the opinions and interests of pre-service social studies students at two universities enrolled in a state history course taught by a socials studies faculty member. Findings include similar motivation for learning state history and opinions on interactive history lessons, while showcasing different interests in historic figures.

Social Responsibility Of A Stock Exchange: Corporate Governance At Borsa Istanbul, A. Can Inci

Finance Department Faculty Journal Articles

No abstract provided.

An Inquiry Into Double Dividend Effects Of Carbon Taxes, Gregory Tracey

Honors Program: Senior Projects (Public)

For my undergraduate thesis, I conducted research on the topic of carbon taxes. Specifically, I was interested in the possible existence of a double dividend effect as a method for making this public policy option more palatable to a broader audience. To that end, I first conducted a literature review on the subject, then did an empirical analysis. I chose Nebraska as the subject of my analysis because it is my home state and I experienced heated debates over tax policy firsthand as a Page for the State Legislature. To see whether a double dividend would exist in Nebraska, I …

Nebraska Farm Real Estate Values Improve Despite Uncertainty In 2020, Jim Jansen, Jeffrey Stokes

Cornhusker Economics

The market value of agricultural land in Nebraska increased by three percent over the prior year to an average of $2,730 per acre according to the 2020 Nebraska Farm Real Estate Market Survey (Figure 1 and Table 1). This improvement provides the first increase in the market value of agricultural land in Nebraska since peaking in 2014 at $3,315 per acre followed by a 20 per- cent decline extending to 2019.

The University of Nebraska-Lincoln, Department of Agricultural Economics annually surveys land industry professionals across Nebraska including appraisers, farm and ranch managers, and agricultural bankers. Results from the survey are …

How Startups Help Cities Measure Their Economic Development Frontier, Mary Blankenship, Caitlin Saladino, William E. Brown

Economic Development & Workforce

This Fact Sheet provides data on the ability of Metropolitan Statistical Areas (MSAs) in the Mountain West to foster innovative and technology-driven industries, utilizing information presented by the Brookings Institution report, “How startups help cities measure their economic development frontier."

Essays On The Disposition Effect, Matthew Henriksson

USF Tampa Graduate Theses and Dissertations

This dissertation contains two essays that shed new light on the disposition effect – that is, the tendency for investors to be especially eager to realize gains over losses. The first essay combines county-level natural disaster data with individual investor transactions to document an increased disposition effect for investors impacted by a natural disaster. This effect is increasing in disaster severity and decreasing in the length of time following the event, suggesting that extreme natural disasters can significantly influence investor behavior, especially in the short term. These findings are not explained by liquidity needs, tax incentives, or informed trading. The …

Creating A New Legal Form: The Gmbh, Timothy W. Guinnane

Discussion Papers

The most common business enterprise for in Germany today is the Gesellschaft mit beschränkter Haftun (GmbH). The GmbH offers entrepreneurs the partnership’s flexibility combined with limited liability, capital lock-in, and other traits associated with corporations. Earlier enterprise forms such as the partnership and corporation were codified versions of longstanding practice; the GmbH, on the other hand, was the lawgiver’s creation. Authorized in 1892, the GmbH appeared during a period of ferment in German enterprise law and was an early example of the “Private Limited-Liability Company” (PLLC) prevalent in many economies today. This paper traces the debates and legislative process that …