Economics Commons^™

Treated Like Aliens: An Analysis Of Refugee Admissions Into The United States By Preferences, Nicadamus Atkins

Transformations: Research Papers

From the Refugee Act of 1980 to the present, the President has had the power to create a refugee ceiling, capping the admittance of refugees into the United States. The differential impact that Republican control of the legislative and/or the executive branches has on the admission of refugees into the United States is explored in this paper. Focusing on the refugee system, I examine Presidential political parties along with those of the House of Representatives over the course of 1986 to 2019 to determine if there is a correlation between party ideologies and refugee admission caps. Analyzing data from the …

Unchallenged Myth: Abolish The Family And Structure, Julian Barocas

Richard T. Schellhase Essay Prize in Ethics

There are aspects of society we are taught not to question: government, education, capitalism. These are portrayed as immutable truths that, if presented with a gap in their logical system, are dependent on sidestepping them, referring to the aforementioned immutability, and relying on the status quo to keep their position as societal structures. Sophie Lewis’s most recent case for phasing out the nuclear family structure, Abolish the Family: A Manifesto for Care, demonstrates how the family is another one of these seemingly universal concepts. The unacknowledged reality of the family is historically one a tool of control rather than …

The American Dream: Living Paycheck To Paycheck, Benjamin Henwood

Richard T. Schellhase Essay Prize in Ethics

A debate that has gained traction due to recent economic circumstances is how the United States government should raise the federal minimum wage, and if they should raise it at all. I propose the United States government should raise the federal minimum wage by implementing a living wage or tying the federal minimum wage to inflation. Implementing a living wage would benefit workers as it would cover the cost of living in their geographic area. It would also benefit employers as their employees would be getting paid according to their needs rather than being paid a blanket wage that may …

Economic Growth And Cultural Attitudes Towards Women: An Empirical Investigation, Jake Barlow

Honors Projects in Economics

This study explores the relationship between cultural attitudes towards women and national GDP growth, across several countries. Data from the World Values from 2017 through 2020 wave has been utilized to determine cultural attitudes, and data from the World Bank and USAID has been utilized for building the economic growth model. The purpose of this study is to inform policy makers regarding the effects of policies that are pro gender equality and to identify the effects of gender inequality on economic growth, independent of other economic factors. In addition, this study also investigates the relationship between cultural attitudes towards women …

Sembrando Una Cultura De Soberanía Alimentaria: La Reserva Pambiliño Y La Reserva De Biósfera Del Chocó Andino De Pichincha, Sophie Tanner

Independent Study Project (ISP) Collection

Por tres semanas, investigué la soberanía alimentaria y sus implicaciones en relaciones entre personas, pueblos, el gobierno, la sociedad, y el mundo no humano en la Reserva Pambiliño, el pueblo de Mashpi, y la Reserva de Biósfera del Chocó Andino de Pichincha en Ecuador. Trabajé manualmente en la finca; entrevisté a trabajadores de la Reserva Pambiliño y miembros de la Fundación Imaymana; y realicé la observación participante en una variedad de actividades en Mashpi y el Chocó Andino. Allí, redes de ayuda mutua conectan comunidades, fincas, y reservas que trabajan en la agroforestería, la conservación, la restauración de bosques primarios, …

The Occupy Movement: More Than Just A Movement, Logan O'Brien

Sociology 323 Racial and Ethnic Relations

A look into the Occupy Movement from the early 2000s.

Econ 603: Time Series Analysis, Kenneth M. Rich

GMAS Course Syllabi

No abstract provided.

Econ 630: Econometrics I, John Gardner

GMAS Course Syllabi

No abstract provided.

Entry And Exit Decisions Under Public And Private Information: An Experiment, Aleksei Chernulich, John Horowitz, Jean Paul Rabanal, Olga Rud, Manizha Sharifova

Pacific Faculty Work

We design an experiment to study how reversible entry decisions are affected by public and private payoff disclosure policies. In our environment, subjects choose between a risky payoff, which evolves according to an autoregressive process, and a constant payoff. The treatments vary the information disclosure rule on the risky payoff, such that in the public information treatment the risky payoff is always observable, while in the private information treatment, the risky payoff is observable only to the participants who enter the market. We find that under private information, market entry is higher, which suggests that subjects engage in exploration and …

Consumers And Eco-Labels: A Quantitative Analysis Of The Effects Of Various Sustainability Certification Models On Consumer Opinions, William F. Joseph

Senior Theses

This research consists of an econometric analysis of the efficacy of a privatized sustainability certification model versus a proposed government-endorsed sustainability certification model within the United Sates market. Today, the widely accepted model of sustainability certification is constituted by a large market of private certifiers. By analyzing the effects of the current model and alongside the effects of a hypothetical government-endorsed system on consumer preferences for sustainably produced goods, the thesis aims to motivate further discussion into the possible benefit of adopting a government-sponsored sustainability certification system. In general, analysis of the data suggests much more promising and significant effects …

Forging Flourishing Futures: An Ethnographic Analysis Of The Construction Of Dreams For Internally Displaced Cameroonian Youth, Alexandra Harakas

Independent Study Project (ISP) Collection

Young people are thermometers and essential actors in the future-oriented process of national development. In Cameroon, youth are affected by constraints which can hinder these processes and aims–economic stagnancy, inequality of resources, ethnic nepotism and rampant government corruption. Additionally, thousands of youth are internally displaced (IDPs) by violent conflicts: particularly the Anglophone crisis in the South West and North West regions. This study seeks to understand young people’s experiences in this context. Through twenty interviews with IDPs in Yaoundé ages 18 to 30, the study sheds light on the following questions: How do young IDPs conceive the flourishing for themselves …

Neoliberalismo Y La Mar: Los Efectos Del Sistema Neoliberal Y La Pesca Artesanal De Caleta Portales, Isaac Bronfine

Independent Study Project (ISP) Collection

This study is meant to explore the fundamental conflict between the neoliberal system implemented in Chilean society and the artisanal fishing sector, represented by Caleta Diego Portales in Valparaíso, Chile. The struggle of the artisanal fishing sector has been made more salient in the minds of the general Chilean public due to the estallido social or “social explosion” in 2019 which lead to a process of drafting a new constitution, and the recent corruption scandals regarding government officials and fishing law reforms.

Beginning with how neoliberal theory gained traction in intellectual spaces around the world, this study then examines how …

A Transition Point: The Role Of The Global Power Shift In Facilitating Saudi Internal Reforms, Aidan Aguilar

Independent Study Project (ISP) Collection

The increasing political and economic influence of China represents a pivotal point within international relations. This paper aims to explore the implications of this global power shift on Saudi Arabia’s attempted economic reforms. The Kingdom’s reliance on oil has created an unsustainable economic model, and this model is intrinsically linked to Saudi Arabia’s relationship with the United States. Its growing relationship with China could create change. As such, this paper analyzes the intersection of economics and security in relation to the Saudi Vision 2030. I argue that, not only does China serve as an important source of the investment necessary …

Paved With Good Intentions? A Geopolitical Analysis Of The Belt And Road Initiative In Central And Eastern Europe, Vincent Zhang

Independent Study Project (ISP) Collection

The objective of this analysis is to reveal the geopolitical and geoeconomic significance of the Belt and Road Initiative (BRI) to the region of Central and Eastern Europe (CEE). Launched in 2013 as a proposal for increased economic interconnectivity between China and Kazakhstan, the BRI has since grown to encompass hundreds of countries across Asia, Africa, and Europe. The region of CEE is of note as it is coterminous with important regional groupings like the 14 + 1 Cooperative Framework between China & CEE and a point of overlapping interests from actors like the European Union (EU), North Atlantic Treaty …

Inside The Wave: How “The 100 Foot Wave” Changed The Lives Of The Local Community In Nazaré, Emilie Cohen

Independent Study Project (ISP) Collection

Surfing and surfing tourism are a critical part of Portugal’s economy and culture. Nazaré is a town that embodies a transition from a traditional fishing village to one that lives and breathes surf. Such a quick change in the leading industry of a town raises concerns about the impacts it has on the community. Therefore, the project focuses on the economic, social and cultural, and environmental impacts of tourism intensification on the local community in Nazaré through the perspective of the local people who are directly impacted and witness these changes. Other stakeholders are included, such as the Garrett McNamara …

Macroeconomic Determinants Of Stock Market Development In Sample African Economies, Ehab Ayoub

Theses and Dissertations

This research paper studies the relationship between macroeconomic determinants as independent variables and different measures of stock market development as dependent variables across selected emerging economies in Africa for the period of 2002 to 2021, with a quarterly frequency using time series analysis. The independent variables used are Core Inflation, Deposit Rate, Foreign Direct Investment (FDI), FX Rate against USD, Domestic Credit, Gross Domestic Product (Real GDP), Exports, Imports, External Debt, and Foreign Reserves. We use these variables as our main determinants of measuring economic growth. With regards to stock market development, we use four proxy measures as our benchmark, …

How Texas Migration Patterns Changed During The Pandemic, Pia M. Orrenius, Madeline Zavodny

Mission Foods Texas-Mexico Center Research

The Covid-19 pandemic led to changes in where Americans work and live. The pandemic also affected international migration as borders were closed to nonessential travel and consulates shut down, slowing visa processing. These changes had implications for Texas, a state that has traditionally experienced large-scale domestic and international migration. This project also talks about the factors that positioned Texas to benefit from pandemic-induced changes in domestic migration patterns.

Dynamic Price Competition: Theory And Evidence From Airline Markets, Jose M. Betancourt, Ali Hortaçsu, Aniko Öry (Oery), Kevin R. Williams

Cowles Foundation Discussion Papers

We introduce a model of dynamic pricing in perishable goods markets with competition and provide conditions for equilibrium uniqueness. Pricing dynamics are rich because both own and competitor scarcity affect future profits. We identify new competitive forces that can lead to misallocation due to selling units too quickly: the Bertrand scarcity trap. We empirically estimate our model using daily prices and bookings for competing U.S. airlines. We compare competitive equilibrium outcomes to those where firms use pricing heuristics based on observed internal pricing rules at a large airline. We find that pricing heuristics increase revenues (4-5%) and consumer surplus (3%).

The Future Of Roe And The Gender Pay Gap: An Empirical Assessment, Itay Ravid, Jonathan Zandberg

Indiana Law Journal

In Dobbs v. Jackson Women’s Health Organization, the Supreme Court upheld a Mississippi law that prohibits nearly all abortions after the fifteenth week of pregnancy and overruled the holding in Roe v. Wade. Among the many arguments raised in Dobbs in an attempt to overturn Roe, the State of Mississippi argued that due to “the march of progress” in women’s role in society, abortion rights are no longer necessary for women to participate equally in economic life. It has also been argued that there is no empirical support to the relationship between abortion rights and women’s economic success in society. …

Electric Vehicle Subsidies: Time To Accelerate Or Pump The Brakes?, Tamara L. Sheldon, Rubal Dua, Omar Abdullah Alharbi

Faculty Publications

Promoting plug-in electric vehicle (PEV) adoption through subsidies represents a commonly used policy lever for decarbonizing the light-duty vehicle sector. However, it is unclear how the subsidy cost-effectiveness has evolved over time and whether further subsidization is needed to induce adoption beyond wealthy consumers. We explore these questions by assessing the federal PEV subsidy program in the United States. To do so, we extend Sheldon and Dua's (2019a, 2019b) work by using the same approach on large-scale U.S. new vehicle buyer survey data. While results averaged over fuel-types suggest that PEV subsidies are becoming less impactful and costlier over time, …

The Two-Way Mundlak Estimator, Badi H. Baltagi

Center for Policy Research

Mundlak (1978) shows that the fixed effects estimator is equivalent to the random effects estimator in the one-way error component model once the random individual effects are modeled as a linear function of all the averaged regressors over time. In the spirit of Mundlak, this paper shows that this result also holds for the two-way error component model once this individual and time effects are modeled as linear functions of all the averaged regressors across time and across individuals. Woolridge (2021) also shows that the two-way fixed effects estimator can be obtained as a pooled OLS with the regressors augmented …

Gendered Stem Beliefs And Major Choice, Nicole T. Cesanek, Benjamin J. Durham

Student Publications

Beliefs and expectations about who can and should pursue STEM careers contribute to a student’s sense of STEM identity and may help to explain the gender gap in pursuing STEM in higher education. The formation of these beliefs is a long and complex process, starting very early on in an individual’s life. We analyze how gendered STEM beliefs of students, parents, and teachers in ninth grade affect a female student’s probability of majoring in STEM in college. We add to an analysis done by Sansone (2019) in an appendix of his paper by using actual majors instead of intended majors. …

Does Money Matter In House Elections?, Jake Matise

Political Science Theses and Capstones

Although campaign spending has always been prevalent in American political society, the aftermath of decisions like Citizens United has led to higher amounts of election spending than ever before. But does spending have an observable effect on the outcome of elections? This paper evaluates the effect of campaign spending on winning an election using data from the 2020 House election cycle. The data I used consists of every House election from 2020, with seats ranked on a competitiveness scale from “safe Republican/Democrat” to “toss-up” (as categorized by 270ToWin), as well as recording incumbent or challenger victories, and the amount of …

Effect Of Fandom On Sports Gambling, Drake Deitch

Dissertations

The goal in this study was to investigate the relationship between fandom and betting. The hypothesis was that sports fans who gambled on their favorite teams would be more likely to make irrational decisions based more closely on emotional attachment than logical thinking. A total of 191 fans of the Chicago Bears (n = 80), Green Bay Packers (n = 57), and Minnesota Vikings (n = 54) were recruited for the study. Participants completed a survey that assessed their knowledge of and love for the three teams. Results indicated fans were far more likely to bet on their team regardless …

Optimal Interventions In Networks During A Pandemic, Roland Pongou, Guy Tchuente, Jean-Baptiste Tondji

School of Economics and Finance Faculty Publications

We develop a model of optimal lockdown policy for a social planner who balances population health with short-term wealth accumulation. The unique solution depends on tolerable infection incidence and social network structure. We then use unique data on nursing home networks in the US to calibrate the model and quantify state-level preference for prioritizing health over wealth. We also empirically validate simulation results derived from comparative statics analyses. Our findings suggest that policies that tolerate more virus spread (laissez-faire) increase state GDP growth and COVID-19 deaths in nursing homes. The detrimental effects of laissez-faire policies are more potent for nursing …

Calculating Efficiency For Spatial Autoregressive Stochastic Frontier Model, Levent Kutlu

School of Economics and Finance Faculty Publications

When there are efficiency spillovers, we can use a spatial autoregressive stochastic frontier model to estimate total (spillover-corrected) efficiencies.Glass et al. (2016) provide a formula for total efficiency in this context, which is an approximation. We provide the exact formula for the spillover-corrected efficiency. Moreover, we derive total, direct, and indirect marginal effects of environmental variables on spillover-corrected efficiency.

Systems Thinking As A Method For Leveraging Smart Classrooms, Jazmyne V. Del Hierro

Open Access Theses & Dissertations

Digital technologies have revolutionized enterprises across our personal lives, and most major industries. The digital transformation can be considered a strategic response to digital trends (Vial, 2019), encompassing substantial changes in society and industry caused by technology development (Taj, et al., 2010). It is a complex journey that needs to be guided by clear strategy. Digital transformation is more about people, than it is about technology (Frankiewiczz, B., 2020). It requires organizational changes that are backed by leadership and driven by challenges to culture (Abbu, H., 2022). Digital transformation requires leaders to build trust (Mugge, Abbu, and Gudergan 2021; Gudergan …

Spatial Dimensions Of Water Quality Value In New England River Networks, Robert J. Johnston, Klaus Moeltner, Seth Peery, Tom Ndebele, Zhenyu Yao, Stefano Crema, Wilfred M. Wollheim, Elena Besedin

Economics

Households’ willingness to pay (WTP) for water quality improvements—representing their economic value—depends on where improvements occur. Households often hold higher values for improvements close to their homes or iconic areas. Are there other areas where improvements might hold high value to individual households, do effects on WTP vary by type of improvement, and can these areas be identified even if they are not anticipated by researchers? To answer these questions, we integrated a water quality model and map-based, interactive choice experiment to estimate households’ WTP for water quality improvements throughout a river network covering six New England states. The choice …

Dual Taxation - Unbalanced And Arbitrary, Benjamin M. Simon

American Indian Law Journal

"Dual Taxation" in Indian Country happens when a state assesses taxes on private, non-tribal activities or transactions on tribal land in addition to taxes assessed by a tribe. Some analysts suggest that dual (or double) taxation puts tribal governments and citizens at a disadvantage, but the situation may be more nuanced. While dual taxation has been analyzed in depth from a legal perspective, this paper analyzes its economic consequences. With taxation, the stakes can be high. State tax revenues generated on tribal lands are revenues that tribes forgo collecting, limiting the tribal resources available for economic development and social programs. …

Mexico Consensus Economic Forecast, Volume 26, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.