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The Annual Economic Diversity And Inclusion Summit [Program], 2021, University Of Northern Iowa. Center For Multicultural Education.

Economic Inclusion Conference Documents

The conference program for the 2021 Economic Inclusion Conference.

Estimation And Inference With Near Unit Roots, Peter C. B. Phillips

Cowles Foundation Discussion Papers

New methods are developed for identifying, estimating and performing inference with nonstationary time series that have autoregressive roots near unity. The approach subsumes unit root (UR), local unit root (LUR), mildly integrated (MI) and mildly explosive (ME) specifications in the new model formulation. It is shown how a new parameterization involving a localizing rate sequence that characterizes departures from unity can be consistently estimated in all cases. Simple pivotal limit distributions that enable valid inference about the form and degree of nonstationarity apply for MI and ME specifications and new limit theory holds in UR and LUR cases. Normalizing and …

Robust Inference With Stochastic Local Unit Root Regressors In Predictive Regressions, Yanbo Liu, Peter C. B. Phillips

Cowles Foundation Discussion Papers

This paper explores predictive regression models with stochastic unit root (STUR) components and robust inference procedures that encompass a wide class of persistent and time-varying stochastically nonstationary regressors. The paper extends the mechanism of endogenously generated instrumentation known as IVX, showing that these methods remain valid for short and long-horizon predictive regressions in which the predictors have STUR and local STUR (LSTUR) generating mechanisms. Both mean regression and quantile regression methods are considered. The asymptotic distributions of the IVX estimators are new and require some new methods in their derivation. The distributions are compared to previous results and, as in …

Limit Theory For Locally Flat Functional Coefficient Regression, Peter C. B. Phillips, Ying Wang

Cowles Foundation Discussion Papers

Functional coefficient (FC) regressions allow for systematic flexibility in the responsiveness of a dependent variable to movements in the regressors, making them attractive in applications where marginal effects may depend on covariates. Such models are commonly estimated by local kernel regression methods. This paper explores situations where responsiveness to covariates is locally flat or fixed. In such cases, the limit theory of FC kernel regression is shown to depend intimately on functional shape in ways that affect rates of convergence, optimal bandwidth selection, estimation, and inference. The paper develops new asymptotics that take account of shape characteristics of the function …

On Multicointegration, Peter C. B. Phillips, Igor Kheifets

Cowles Foundation Discussion Papers

A semiparametric triangular systems approach shows how multicointegration can occur naturally in an I(1) cointegrated regression model. The framework reveals the source of multicointegration as singularity of the long run error covariance matrix in an I(1) system, a feature noted but little explored in earlier work. Under such singularity, cointegrated I(1) systems embody a multicointegrated structure and may be analyzed and estimated without appealing to the associated I(2) system but with consequential asymptotic properties that can introduce asymptotic bias into conventional methods of cointegrating regression. The present paper shows how estimation of such systems may be accomplished under multicointegration without …

Discrete Fourier Transforms Of Fractional Processes With Econometric Applications, Peter C. B. Phillips

Cowles Foundation Discussion Papers

The discrete Fourier transform (dft) of a fractional process is studied. An exact representation of the dft is given in terms of the component data, leading to the frequency domain form of the model for a fractional process. This representation is particularly useful in analyzing the asymptotic behavior of the dft and periodogram in the nonstationary case when the memory parameter d ≥ 1 2: Various asymptotic approximations are established including some new hypergeometric function representations that are of independent interest. It is shown that smoothed periodogram spectral estimates remain consistent for frequencies away from the origin in the nonstationary …

A Lot On My Plate: Family Dishware Serving Up A History Of Global Commercialization, Grace Thanasiu

Student Projects from the Archives

The “Hearthside” shaped plate was created by the Homer Laughlin China Company sometime between 1963 and 1973. My family owns such a plate, and ours originally belonged to a set of plates that was “purchased” by my grandmother, Mary Ruhlin, with books and books full of redemption stamps. Redemption stamps were literal stamps that stores distributed to customers, who could later redeem them for cash or merchandise at affiliated redemption centers that partnered with grocery stores and businesses; redemption stamps functioned as a precursor to the modern loyalty card! The need for a reputable pottery company like Homer Laughlin to …

Labor Market Consequences Of Antitax Avoidance Policies, Katarzyna Bilicka

Upjohn Institute Working Papers

In this paper, I analyze the local labor market consequences of multinational firms reallocating employees across their affiliates in response to antitax avoidance policies. I leverage the introduction of a worldwide debt cap in 2010 in the United Kingdom as a quasi-natural experiment that limited one of the forms of profit shifting—debt shifting—for a group of multinational corporations (MNCs). Multinationals affected by the reform reallocated their employees from the United Kingdom to foreign locations. This affected London-based service sector firms the most. I show that this led to a reduction in the number of jobs available in regions exposed to …

Finding Hidden Members In Your Community, Cheryl A. Burkhart-Kriesel

Cornhusker Economics

It is not uncommon for rural Nebraska coffee shop talk to touch on the topic of who is involved or not involved in the community. Typically, the conversation comes to the conclusion that the same people seem to be doing everything. The topic could relate to a civic group, community event, or even an elected office in the community. There are no new faces and no new ideas as well as there is no one there to allow for a leadership transition. Have you ever heard this conversation? Have you participated in it?

Do Minimum Charity Care Provision Requirements Increase Provision Of Charity Care In Nonprofit Hospitals?, Michah W. Rothbart, Nara Yoon

Population Health Research Brief Series

Nonprofit hospitals receive significant federal, state, and local tax exemptions, partly based on the rationale that nonprofit hospitals provide public goods and services. Through Minimum Charity Care Provision (MCCP) requirements, nonprofit hospitals are required to spend a certain percentage of their revenues on charity care. However, it is not clear whether these requirements increase spending on charity care. This brief summarizes findings from research examining the differences in provisions of charity care across different hospital market sectors – non-profit, for-profit, and government. Findings suggest that MCCP requirements for nonprofit hospitals do not lead to more charity care. If anything, targeting …

Effects Of Cyproheptadine On Body Weight Gain In Children With Nonorganic Failure To Thrive In Taiwan: A Hospital-Based Retrospective Study, Yi-Chun Lin, Hung-Rong Yen, Fuu-Jen Tsai, Chung-Hsing Wang, Lung-Chang Chien, An-Chyi Chen, Ro-Ting Lin

Epidemiology & Biostatistics Faculty Research

Failure to thrive (FTT) impairs the expected normal physical growth of children. This study aimed to evaluate the effects of cyproheptadine hydrochloride on growth parameters in prepubertal children with FTT. The medical records of prepubertal children who were newly diagnosed with FTT at China Medical University Hospital between 2007 and 2016 were retrospectively examined. The patients were divided into two groups depending on whether they had (T-group) or had not (NT-group) received cyproheptadine hydrochloride (0.3 mg/kg daily) for at least 14 days. The mean length of the treatment period was 97.22 days (range: 14–532 days). Weight, height, and body mass …

Exploring Optimal Lockdown Policies During The Covid-19 Pandemic, Cameron Bundy

Symposium Of University Research and Creative Expression (SOURCE)

COVID-19 has impacted public and economic health worldwide. To bolster the economy and maintain human life, economic and epidemiological research is vital. Nations have implemented lockdowns intent on slowing the spread of the virus. This research examines how lockdown parameter adjustments can help control a nations fatalities. The study incorporated an SIRD disease model that is simulated over a 200 day period. The goal of the research is to take the SIRD model and use it to create a minimization function that analyzes dynamics that best produce minimal loss of GDP as well as low loss of life in a …

Population Growth In Mountain West Cities And Suburbs, 2010-2020, Dielle T. Telada, William E. Brown Jr.

Cities & Metros

COVID-19 altered population growth trends within large cities and the relative growth of cities and suburbs within the nation’s largest metropolitan areas. Brookings senior fellow William H. Frey suggests “that most big cities with populations exceeding 250,000 experienced lower population growth in the year the pandemic began than in the previous year.” This Fact Sheet examines annual growth rates within selected Mountain West metros and suburbs from 2010 and 2020.

Automation Workforce Productivity. How Illinois Manufacturers Are Adopting Advanced Technologies: An Insight Report On Automation, Workforce, And Productivity, Kathleen Bolter, Nicholas Martens, Kenneth Voytek, Jim Robey

Reports

No abstract provided.

Primer On West Virginia’S Role In Pjm, Eric Bowen

Bureau of Business & Economic Research

In this briefing paper, we describe each of the three major roles taken on by PJM and how they relate to West Virginia’s electricity market.

Wheeling Area Economic Outlook: 2022-2026, John Deskins, Brian Lego

Bureau of Business & Economic Research

The Wheeling Area has experienced major episodes of economic volatility in recent years. Indeed, the region has swung between periods natural gas pipeline construction activity adding thousands of jobs locally, only to be followed by unprecedented job losses in just two months due to the COVID-19 recession. In this report, we present a detailed discussion of the Wheeling Area economy and an economic forecast of the region covering the next five years.

Optimal Regulatory Response To Food Fraud, Syed Imran Ali Meerza, Konstantinos Giannakas

Cornhusker Economics

Food fraud refers to the deliberate substitution, addition, tampering, or misrepresentation of food for economic gains. In this context, food fraud can be divided into two broad categories: food adulteration and mislabeling. While food adulteration can be defined as the intentional substitution or addition of substances in a food product to reduce its costs of production, mislabeling refers to acts of misrepresentation of the type or quality of food products. Food fraud is motivated by economic gains and is enabled by the fact that information about the nature of credence goods is typically asymmetric – while product suppliers know the …

Who To Choose? Rating Broker Best Practices In The Medicare Advantage Industry, Darwin R. Hale

USF Tampa Graduate Theses and Dissertations

The purpose of this study is to help navigate the U.S. Healthcare system in a way that maximizes value and minimizes risk to Medicare Beneficiaries. We do this through the creation of a tool that will aid in the selection of an independent health broker. Brokers are the trusted resource who have the responsibility and expertise to optimize client value through needs analysis, education, and expectations setting. Beneficiaries need help with life impacting health and wellness decisions and ongoing support across the continuum of care. The qualitative research included interviews of industry experts with combined Medicare experience of more than …

The U.S. Child Care Subsidy Program Is Underused But Well-Positioned To Promote Racial Equity, Taryn Morrissey, Colleen Heflin, William Fannin

Population Health Research Brief Series

Child care is expensive and difficult to find, especially for infants and toddlers. Compared to their higher-income peers, children from lower-income families are less likely to attend out-of-home early childhood care – which tend to be more expensive but provides more stability and is higher quality than home-based care. This contributes to disparities in school readiness and later life outcomes. This brief summarizes findings from a recently published paper examining administrative data from the Commonwealth of Virginia. Findings suggest that children are least likely to receive subsides when they are infants and toddlers despite early childhood care being the most …

When Labor Enforcement And Immigration Enforcement Collide: Deterring Worker Complaints Worsens Workplace Safety, Amanda M. Grittner, Matthew S. Johnson

Upjohn Institute Working Papers

Regulatory agencies overseeing the labor market often rely on worker complaints to direct their enforcement. However, if workers face differential barriers to complain, this system could result in ineffective targeting and create disparities in working conditions. To investigate these implications, we examine how the onset of Secure Communities—a localized immigration enforcement program—affected occupational safety and health. Counties’ participation in Secure Communities substantially reduced complaints to government safety regulators, but increased injuries, at workplaces with Hispanic workers. We show that these effects are most consistent with employers reducing safety inputs in response to workers’ decreased willingness to complain.

Input Trade And Service Industry Productivity Growth, Mike Hsu

Midwest Social Sciences Journal

In this paper, I address two questions: (1) Does reducing tariffs for manufacturing inputs affect productivity in service industries? (2) Does the effect of input trade liberalization differ for importers in service and manufacturing industries? To answer these questions, I used an establishment-level survey of Uruguayan service industries from 1998 to 2005, a period in which the country reduced its tariffs on manufactured products. I found that service establishments that import inputs from abroad experience a larger increase in productivity relative to non-importers when input tariffs are reduced. Furthermore, the effects of trade liberalization are as significant in the service …

A Reassessment Of The Potential For Loss-Framed Incentive Contracts To Increase Productivity: A Meta-Analysis And A Real-Effort Experiment, Paul J. Ferraro, J. Dustin Tracy

ESI Working Papers

Substantial productivity increases have been reported when incentives are framed as losses rather than gains. Loss-framed contracts have also been reported to be preferred by workers. The results from our meta-analysis and real-effort experiment challenge these claims. The meta-analysis' summary effect size of loss framing is a 0.16 SD increase in productivity. Whereas the summary effect size in laboratory experiments is a 0.33 SD, the summary effect size from field experiments is 0.02 SD. We detect evidence of publication biases among laboratory experiments. In a new laboratory experiment that addresses prior design weaknesses, we estimate an effect size of 0.12 …

The Impact Of The Pandemic On U.S. Labor Markets: Past, Present And Future Concerns, Michael Horrigan

Presentations

No abstract provided.

Proceedings - Climate Change: Threats, Risks And Vulnerabilities, Centre For Business And Economic Research (Cber), Hanns Seidel Foundation, Pakistan

Conference Proceedings

Pakistan is one of the world’s most climate vulnerable countries ranking fifth in the list. It has experienced various disasters in recent decades, including floods, droughts and intense heat waves causing thousands of fatalities. Moreover, due to the deterioration of the Indus Delta approximately 1.2 million people dispersed and shifted to urban hubs like Karachi. Researchers have projected an increase in frequency and severity of these catastrophic environmental events, causing food and water scarcity, health and socio-economic issues in coming decades.

Climate change is no longer a threat but has become an existential crisis. There is a need for immediate …

Artificial Intelligence (Ai) Capacity In Mountain West Metros, Olivia K. Cheche, Ally M. Beckwith, William E. Brown Jr.

Economic Development & Workforce

This fact sheet highlights data on artificial intelligence (AI) growth in Mountain West metropolitan areas over the last several decades, as originally reported by Mark Muro and Sifan Liu from the Brookings Institution’s Metropolitan Policy Program. The Brookings report examines how various metros across the United States contribute towards AI technology creation and business activity.

Evolving Protein Demand And Income Elasticity, Timothy Meyer

Cornhusker Economics

Teaching large classes in the Ag Econ department has some unique benefits. One of them is that I have a pulse on the attitudes of a large cross-section of producers. One concern that has been gradually gaining momentum is the threat that plant protein poses against traditional animal protein, namely beef.

Trends in protein demand do not support this specific fear. In general, consumers’ appetite for animal protein continues to grow. This article explains the concept of income elasticity, along with the changing income elasticities of specific meats.

The Macroeconomic Impacts Of Entitlements, Ateeb Akhter Shah Syed, Kaneez Fatima, Riffat Naseer

The Hilltop Review

The worries expressed by Alan Greenspan that the long run economic growth of the United States will fade away due to increasing burden of entitlements motivated us to empirically investigate the impact of entitlements of key macroeconomic variables. To examine this contemporary issue, we estimate a vector error-correction model to analyze the impact of entitlements on the price level, real output, and the long-term interest rate. The results show that a shock to entitlements leads to decrease in output and lends support to the assertion made by Alan Greenspan. Several robustness checks verify that the results remain unchanged qualitatively.

The Dynamics Of Referral Hiring And Racial Inequality: Evidence From Brazil, Conrad Miller, Ian Schmutte

Upjohn Institute Working Papers

We study how referral hiring contributes to racial inequality in firm-level labor demand over the firm’s life cycle using data from Brazil. We consider a search model where referral networks are segregated, firms are more informed about the match quality of referred candidates, and some referrals are made by nonreferred employees. Consistent with the model, we find that firms are more likely to hire candidates and less likely to dismiss employees of the same race as the founder, but these differences diminish as firms’ cumulative hires increase. Referral hiring helps to explain racial differences in dismissals, seniority, and employer size.

Efek Aglomerasi Di Indonesia : Komparasi Jawa Dan Luar Jawa, Eggie Dwi Ananda Chaniago, Muhammad Hanri

Jurnal Kebijakan Ekonomi

Population density and average city’s wages in Java are higher than outside Java. The literature shows that population density can increase the productivity of firms and workers, thereby increasing the level of wages in cities. In urban economics, agglomeration economies are defined as the benefits that come when firms and people locate near one another together in cities and industrial clusters. This study estimates the agglomeration effect in Java and outside Java cities by analyzing the relationship between population density and urban characteristics with wage levels. Previous studies have shown that population density is positively correlated to wage levels at …

Apakah Belanja Pendidikan Dan Kualitas Guru Dapat Meningkatkan Kualitas Pendidikan?, Narulita Ratih Wulansari, Khoirunurrofik Khoirunurrofik

Jurnal Kebijakan Ekonomi

This study aims to analyze the relationship between education expenditure and teacher quality on education quality at the senior secondary level in Indonesia. Based on data analysis across provinces using the Fixed Effect Method, an inverted U-shaped relationship was identified between education expenditure and education quality. This study also shows that teacher quality has a significant effect in improving education quality. The interregional analysis shows that education expenditure has an inverted U-shaped relationship and teacher quality has a positive relationship with education quality at the outside Java-Bali region. However, education expenditure and teacher quality do not show a significant result …