Economics Commons^™

The Pittsburg Micropolitan Area Economic Report, Quarter 4, 2021, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Pittsburg Micropolitan Area Economic Profile, 2021, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Profile is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Pittsburg Micropolitan Area Economic Report, Quarter 1, 2021, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Pittsburg Micropolitan Area Economic Report, Quarter 2, 2021, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Pittsburg Micropolitan Area Economic Report, Quarter 3, 2021, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

A Job Guarantee Proposal For Austria: Public Policy For Full Employment And The Reduction Of Poverty And Inequality, Daniel Haim Ms

Theses - Graduate Programs in Economic Theory and Policy

The Austrian labor market has experienced high rates of involuntary unemployment for several years, and the COVID-19 pandemic has likely exacerbated the problem. Part-time employment rates, especially high for women, have fed into time-related underemployment. Many people have left the labor force wanting to work. Aside from the short-lived Aktion 20,000 program, labor market policies have been ineffective in addressing these issues. A different, more promising approach is the job guarantee. In a job guarantee, the state acts as an employer-of-last resort, granting everyone willing to work the right to a job at a minimum wage. This thesis argues that …

The Great Recession Vs The Covid-19 Pandemic: Unemployment And Implications For Public Policy, Giuliana Scanni Ms

Theses - Graduate Programs in Economic Theory and Policy

The Great Recession lasted from December 2007 until June 2009 and was one of the most severe recessions since the post-war period. It took about two years from the time of the unraveling of the U.S. housing market and mortgages, until the collapse of Lehman Brothers—as the crisis spread to the rest of the financial sector of the economy.

The Covid-19 Pandemic erupted from a public health crisis at the end of January 2020 and unlike the Great Recession, employment collapsed sharply in a matter of weeks, leaving millions without work by April 2020. The Covid-19 Pandemic has demonstrated an …

Addressing The Homelessness Crisis In The United States Of America, Lukas Klatke Ms

Theses - Graduate Programs in Economic Theory and Policy

Data from the American Housing Survey for 2015, 2017, and 2019 show median incomes and median rent cost as a proportion of median income for Whites, Blacks, Hispanics, and Non – Hispanics at the state and metro level. The data demonstrates Blacks have lower median incomes than Whites, and Hispanics have lower median incomes than Non - Hispanics.

Additionally, the data indicates the median rent cost as a proportion of median income values for Blacks is larger than the values for Whites. The values for Hispanics are larger than the values for Non - Hispanics. These results imply Blacks and …

Measuring The Well-Being Of Economies Beyond Gross Domestic Product, Thien Jason Nguyen Ma

Theses - Graduate Programs in Economic Theory and Policy

The most widely used measurement of economies around the world is the gross domestic product (GDP). There has been much study and reasoning that has gone into the conceptual and statistical bases of this indicator and there are even international standards for how it should be calculated. The monetary valuation of goods and services has fabricated a relatively manageable way for us to sum up quantities of different nature and for calculating the economic progress of a nation. The GDP indicator is seen as being another way for measuring money in order to present economic performances and living standards, giving …

Transitioning From The Libor, Sid Subramani Ms

Theses - Graduate Programs in Economic Theory and Policy

The focus of this thesis will be on the policy implications surrounding the mandated transition from the London Interbank Offered Rate to Secured Overnight Financing Rate. This discussion will begin by explaining the genesis of the LIBOR in the development of the Eurodollar market. Next, this paper will present the LIBOR manipulation scandal and the effects on the financial system. An analysis of the differences between SOFR and LIBOR will provide the basis of an assessment of the impact of the change on financial institutions. Finally, the effectiveness of the SOFR as a benchmark will be evaluated, along with the …

Foreign Direct Investment And Economic Growth: A Panel Data Analysis, Yuan Yao

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the influences of FDI on economic growth of selected Latin American and Asian countries both directly and indirectly through factors such as technology, knowledge transfer, and trade openness. The study uses the growth regression to examine and identify not only the relationship between the FDI and economic growth of the underlying countries but also the interaction effects of FDI with human capital and trade openness on the economic growth based on the statistical performance of the interaction terms in the model. The evidence from the study shows that FDI does have an impact on economic growth both …

Star Player Bias In The Nba: A Quantile Regression Approach, Daniel Barrett

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the impact of an NBA player’s salary on the number of fouls drawn by them in a season. NBA referees have complete discretion in making calls of whether a player does or does not commit a foul in game, with decisions susceptible to bias, favoring certain players with more fouls called in their favor than another player. The study uses salary to determine a player’s value, using a panel dataset of all players from the 2015-16 NBA season through the 2018-19 NBA season for salary and game statistics. The impact of salary is determined using a quantile …

"Letters", James V. Koch, Seth Forman

Economics Faculty Publications

No abstract provided.

Race And Jobs At Risk Of Being Automated In The Age Of Covid-19, Kristen E. Broady, Darlene Booth-Bell, Jason Coupet, Moriah Macklin

CCU Faculty Books

No abstract provided.

When To Stop Computing And Start Investing, Sean R. Aguilar, Olga Kosheleva

Departmental Technical Reports (CS)

Purpose: The purpose of the study is to analyze when -- while predicting the future price of a financial instrument -- we should stop computations and start using this information for the actual investment.

Design/methodology/approach: We derive the explicit formulas explaining how the resulting gain depends on the duration of computations.

Findings: We provide an algorithm that enables us to decide the computation time that leads to the largest possible gain.

Originality/value: To the best of our knowledge, this is the first solution to the problem. Following our recommendations will allow investors to select the computation time for which the …

Intellectual Property Rights In The Seed Industry: Barriers To Sustainable Agriculture, Elena A. Filatova

Electronic Theses and Dissertations

The dynamics of the dominant industrial agriculture system restrict the seed industry’s innovative landscape, leading to significant negative consequences including an exacerbation of environmental risks which threaten global food security. This thesis explores how exclusionary intellectual property rights (IPRs) in the context of the seed industry constrict innovation, evolutionary pathways, and opportunities for the implementation of sustainable agriculture methods. To overcome these barriers, the application of an open source framework to seed innovation, specifically through the platform of the Open Source Seed Initiative, is evaluated as a tool for enhancing innovative capacities in seed development while broadening the accessibility and …

The Place And Role Of Pharmacy Benefit Management (Pbm) Companies In Us Healthcare System, George Mattis Ii

Electronic Theses and Dissertations

On average, prescription drugs cost US consumers more than any other developed country in the world. US drug makers claim that intermediaries in the prescription drug supply chain, companies called pharmacy benefit managers (PBM), are forcing them to increase their drug prices. PBMs counter that the discounts they receive from drug makers are channeled to insurers. This thesis will examine the role that PBMs play in the prescription drug supply chain and determine what effect they have on drug prices. This thesis will utilize a comparative static model, Structure, Conduct, Performance (SCP) framework to analyze the pharmaceutical manufacturing and the …

The Hotelling Valuation Principle: Does User Cost And Reserve Differentials Improve Validity?, Brian K. Hicks

Electronic Theses and Dissertations

The Hotelling Valuation Principal (HVP) implies that the value per unit of an in-ground exhaustible natural resource is equal to the current price less the cost of production. The assumptions required for this principle include a certain and homogenous reserve stock, unconstrained extraction, and constant costs. Extensive research has empirically investigated the HVP. This paper expands the HVP framework and relaxes the theory’s assumptions to account for reserve differentials. The results show that the original net price model is more closely aligned with developed reserve value, than total reserve value. In addition, this paper develops two- and three-factor net price …

The Social Determinants Of Diabetes And Coronary Heart Disease In South Asian American Immigrants, Mishal Ayaz

Electronic Theses and Dissertations

An astounding 20% of South Asian Americans have diabetes (Matthews and Zachariah 2008). Conventional risk factors for coronary heart disease includes: age older than 65, sedentary lifestyle, cigarette smoking, hypertension, elevated low-density lipoprotein (LDL), cholesterol, and type 2 diabetes, all factors beyond health care (italicized for emphasis) (Mathews and Zachariah 2008). But conventional risk factors alone are not sufficient to predict the alarmingly high rates of coronary heart disease (“CHD”) for South Asian Americans. In fact, the only conventional risk factor more prevalent in this community than others is diabetes. So, the question remains, what factors are contributing to the …

The Productivity Wage Gap, Monopsony, And Labor Share Decline: An Analysis Of Wage Suppression Perpetuated By Power, Alexandra Coulter

Electronic Theses and Dissertations

This thesis argues that wage suppression along with the decline in the labor share is caused by a rise in monopsony power realized as a significant increase in the profit share. It attributes the rise in monopsonistic behavior to the development and expansion of the modern corporation. This thesis investigates the reasons for wage suppression, identifies causes of the declining labor share left as exogenous in mainstream models, examines traditional economic wage determination and search models, and evaluates the political economy implications. This work reviews literature on imperfect competition, the corporation, contracts, search and match models, and the motivation of …

Employee Ownership And Moral Hazard: How Broad-Based Equity Sharing Can Lower Agency Costs And Reduce Inequality, Colin Clinton Hudson

Electronic Theses and Dissertations

Providing incentives to top managers by offering equity has become the norm; this practice, however, does not hold for all levels of employees. After tax incentives for employee ownership were introduced through the Employee Retirement Income Security Act of 1974, there has been little legislative support to encourage companies to implement broad-based equity sharing programs. Moreover, decades of neoliberal policies have incentivized the pursuit of short-term profits and speculation, which contribute to economic instability and explain the growing gap between productivity and real wages observed since the late 1970s. Developments in the literature contend that employee ownership aligns the goals …

The Institutional Design Of Arms Control: To What Extent Does Institutional Design Increase The Longevity Of Arms Control Agreements?, Jessica Budlong

Electronic Theses and Dissertations

The technical institutional design of arms control agreements remains a rather unexplored area of arms control. But the increasing uncertainty of future arms control efficacy requires a re-examination of the agreements’ institutional design to determine which components contribute positively to their longevity. This research examines the role of dispute settlement bodies as specific outside consultative bodies, verification regimes, membership as at least one nuclear-armed state party to the agreement, and technology transfer mechanisms in arms control agreements. It found that membership and a lack of technology transfer mechanisms are necessary to positively impact the longevity of an arms control agreement, …

U.S. International Trade And National Security In The Trump Era: Mercantilism, Liberalism, Or Economic Nationalism?, Brett D. Barkey

Electronic Theses and Dissertations

This study will explore the Trump administration’s views of national security as expressed through its international trade policy and ask whether the U.S. is now a mercantilist, a liberal, or an economically nationalist nation. This study will define mercantilism, liberalism and economic nationalism turning for assistance to the writings of Alexander Hamilton, Adam Smith, and Friedrich List.

The study will then explore how those concepts may have been revealed in America’s international trade policy as the U.S. navigated the economic and national security events of the 20th century, and on to 2016 as President-elect Trump prepared to take office. Next …

Airbnb Release Of Latent Economic Value And Return To Equilibrium, Daniel Joseph Trujillo

Electronic Theses and Dissertations

We empirically consider Airbnb’s effect on a new variable in Short Term Rental (STR) research, second homes, employing a model pre-Airbnb diffusion (2009), and post-Airbnb diffusion (2019). In doing so we test our hypothesis that second home use will be converted to short-term rentals with the advent of Airbnb. We do so through a natural experiment examining housing stock. We create a schema to segregate tourist and non-tourist counties based on economic variables and deploy these in our research framework observing a shock to housing supply. Notably, we observe a structural change in the use of second homes resulting in …

Well-Being In Nonmetropolitan Nebraska: 2021 Nebraska Rural Poll Results, Rebecca J. Vogt, Heather Akin, Cheryl A. Burkhart-Kriesel, Bradley Lubben, L. J. Mcelravy, Timothy Meyer, Steven A. Schulz

Nebraska Rural Poll

This year, rural Nebraskans gave similar assessments of their current situation as they did last year. However, their optimism about their future is slightly lower than last year. And, this year, more rural Nebraskans agree that people are powerless to control their own lives as compared to last year.

Residents of the North Central region are the regional group most likely to believe they will be better off ten years from now. And, residents of both the North Central and Panhandle regions are more likely than residents of other regions of the state to believe they are much better off …

Technical Efficiency Of Milkfish Production In The Province Of Iloilo, Philippines, Lylve Maliz L. Zeller, Salvador P. Catelo, Nora Dm. Carambas

Journal of Economics, Management and Agricultural Development

The Philippine aquaculture sector is primarily dominated by milkfish, with the province of Iloilo as one of the key producing areas. However, the production in the province has exhibited a decreasing trend since 2011. In this light, this study is undertaken to determine the technical efficiency of milkfish production in the province of Iloilo and identify the factors that significantly affect such efficiency. Utilizing the maximum likelihood estimation method, a Cobb-Douglas production function was specified to estimate farm-level efficiency using the data from 181 milkfish producers interviewed. The technical efficiency scores ranged between 12.38% to 90.00%, with a mean of …

An Ardl Approach In Studying The Impact Of Asf And Selected Factors On The Philippine Pork Market Retail Price, Lara Paul A. Ebal

Journal of Economics, Management and Agricultural Development

This study aimed to explore the impact of the farmgate price of hogs, the volume of hog production, the volume of imported pork, the market retail price per kilo of dressed chicken, the quantity of pork consumed by the population, the GDP per capita, and African Swine Fever (ASF) on the pork market retail price in the Philippines. The Autoregressive Distributed Lag (ARDL) approach was implemented to model the pork price using quarterly data from 2000 to 2020. The long-run model showed that farmgate price, hog production, and imported pork during the presence of ASF could affect pork price. Moreover, …

Investigating The Intention To Work Overseas Among Filipino Engineering Students By Testing A Structural Equation Model Based On An Extended Theory Of Planned Behavior, John Lester Remot, Maria Liezel P. Caroche, Alan Marco S. Mercado, Marc Joseph S. Villanueva

Journal of Economics, Management and Agricultural Development

This study examined the antecedents of Filipino engineering students’ intention to work overseas, applying the theory of planned behavior (TPB) (involving attitude, subjective norm, and perceived behavioral control) extended with migration push and pull factors (PPF) (involving salary and compensation, career prospects, and quality of life). Structural equation modeling using 1,706 questionnaire responses proved that the PPF dimensions were indistinguishable, while another factor distinct from attitude, evoking the perceived enjoyment of working overseas (PEJ), emerged. The TPB and PPF were identified as important antecedents of intention (R2 = 0.667). PEJ had no direct effect on it but was significant along …

Studying The Relationship Between Financial Risk Aversion And Income With The Jeopardy! Daily Double, Miles Johnson

Mahurin Honors College Capstone Experience/Thesis Projects

It has long been up for debate as to whether there is a link between financial risk aversion and income. This study’s purpose is to, using data from the game show Jeopardy!, investigate this question through analytical research. This study made use of multiple regression analyses in order to examine the relationship between income and risk aversion in Jeopardy! contestants who appeared on the show between January 2019 and October 2020. Specifically, this study looked to isolate the potential impact a contestant’s estimated annual income had on their willingness to bet on the Jeopardy! Daily Double question. It was …

Reimagining China’S Transportation Funding Investments In Africa In The Context Of Covid-1, Clovia Hamilton, Sira Maliphol

Technology & Society Faculty Publications

Africa has not invested enough in its healthcare system, and China has been investing in and financing much of Africa’s transportation system. Many African countries’ fragile health and transportation systems have been further weakened by the COVID-19 pandemic. This literature review confirms the interdependence of the key functional areas of comprehensive development planning and the importance of building and maintaining a sound transportation infrastructure. With respect to partnerships with China, African nations need to strengthen government functional areas more comprehensively, considering all of the areas of development planning including trade as well as transportation and aid issues. It is all …