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Articles 781 - 810 of 1467
Full-Text Articles in Economics
Coastal Empire Economic Monitor, 3rd Quarter, 2012, Armstrong Atlantic State University Center For Regional Analysis
Coastal Empire Economic Monitor, 3rd Quarter, 2012, Armstrong Atlantic State University Center For Regional Analysis
Coastal Empire Economic Monitor
The Coastal Empire Economic Indicators are designed to provide continuously updating quarterly snapshots of the Savannah Metropolitan Statistical Area economy. The coincident index measures the current economic heartbeat of the region. The leading index provides a short term forecast of the region’s economic activity in six to nine months.
Coastal Empire Economic Monitor, 4th Quarter, 2012, Armstrong Atlantic State University Center For Regional Analysis
Coastal Empire Economic Monitor, 4th Quarter, 2012, Armstrong Atlantic State University Center For Regional Analysis
Coastal Empire Economic Monitor
The Coastal Empire Economic Indicators are designed to provide continuously updating quarterly snapshots of the Savannah Metropolitan Statistical Area economy. The coincident index measures the current economic heartbeat of the region. The leading index provides a short term forecast of the region’s economic activity in six to nine months.
Coastal Empire Economic Monitor, 2nd Quarter, 2012, Armstrong Atlantic State University Center For Regional Analysis
Coastal Empire Economic Monitor, 2nd Quarter, 2012, Armstrong Atlantic State University Center For Regional Analysis
Coastal Empire Economic Monitor
The Coastal Empire Economic Indicators are designed to provide continuously updating quarterly snapshots of the Savannah Metropolitan Statistical Area economy. The coincident index measures the current economic heartbeat of the region. The leading index provides a short term forecast of the region’s economic activity in six to nine months.
Interest Rate Policy In China: The Impact Of Suppressed Deposit Rates On Household Income From 2000-2007, Zhuliang James Zhang
Interest Rate Policy In China: The Impact Of Suppressed Deposit Rates On Household Income From 2000-2007, Zhuliang James Zhang
Undergraduate Economic Review
An often-overlooked impact of China’s policy of maintaining low interest has been the suppression of household interest income, which has increased the propensity of households to save while decreasing their consumption rates. This paper posits that from 2000 to 2007, deposit rates in China were suppressed annually by around 720 basis points, imposing an implicit tax on annual per-capita income of 12.8% on average. Raising deposit rates will increase household income and boost consumption in the medium-term if the Chinese government is able to initiate policy shifts that distribute the gains of economic growth more equitably to households. Research advised …
Finding Historic Indiana Documents In An Online Environment: Civil War Era And Later 19th Century, Bert Chapman
Finding Historic Indiana Documents In An Online Environment: Civil War Era And Later 19th Century, Bert Chapman
Libraries Research Publications
This presentation provides information on digitally accessing historic Indiana State and U.S. Government documents from the latter half of the 19th century. Examples of these resources include the periodical Indiana Farmer, Indiana Civil War Governor Oliver Morton's telegraph books, the Official Records of the War of the Rebellion, Indiana Adjutant General Reports, and the Brevier Indiana Law Reports covering Indiana General Assembly proceedings. These collections have been digitized by various Indiana libraries including Purdue University, IUPUI, and Indiana University. Accessing these primary source materials will enable users to gain augmented understanding ot the economic, military, and political issues facing Indiana …
Risk Classification And Health Insurance, Georges Dionne, Casey G. Rothschild
Risk Classification And Health Insurance, Georges Dionne, Casey G. Rothschild
Economics Faculty Scholarship
Risk classification refers to the use of observable characteristics by insurers to group individuals with similar expected claims, compute the corresponding premiums, and thereby reduce asymmetric information. An efficient risk classification system generates premiums that fully reflect the expected cost associated with each class of risk characteristics. This is known as financial equity. In the health sector, risk classification is also subject to concerns about social equity and potential discrimination. We present different theoretical frameworks that illustrate the potential trade-off between efficient insurance provision and social equity. We also review empirical studies on risk classification and residual asymmetric information.
Strategic Substitutes Or Complements? The Game Of Where To Fish, Robert L. Hicks, William C. Horrace, Kurt E. Schnier
Strategic Substitutes Or Complements? The Game Of Where To Fish, Robert L. Hicks, William C. Horrace, Kurt E. Schnier
Economics - All Scholarship
The ‘‘global game with strategic substitutes and complements’’ of Karp et al. (2007) is used to model the decision of where to fish. A complete information game is assumed, but the model is generalized to S > 1 sites. In this game, a fisherman’s payoff depends on fish density in each site and the actions of other fishermen which can lead to congestion or agglomeration effects. Stable and unstable equilibria are characterized, as well as notions of equilibrium dominance. The model is applied to the Alaskan flatfish fishery by specifying a strategic interaction function (response to congestion) that is a non-linear …
Optimal Taxation With Rent-Seeking, Casey G. Rothschild, Florian Scheuer
Optimal Taxation With Rent-Seeking, Casey G. Rothschild, Florian Scheuer
Economics Faculty Scholarship
Recent policy proposals have suggested taxing top incomes at very high rates on the grounds that some or all of the highest wage earners are engaged in socially unpro- ductive or counterproductive activities, such as externality imposing speculation in the financial sector. To address this, we provide a model in which agents can choose between working in a traditional sector, where private and social products coincide, and a crowdable rent-seeking sector, where some or all of earned income reflects the capture of pre-existing output rather than increased production. We character- ize Pareto optimal linear and non-linear income tax systems under …
Review: Robert H. Nelson, The New Holy Wars: Economic Religion Vs. Environmental Religion In Contemporary America, Andre Wakefield
Review: Robert H. Nelson, The New Holy Wars: Economic Religion Vs. Environmental Religion In Contemporary America, Andre Wakefield
Pitzer Faculty Publications and Research
This is a book review of Robert H. Nelson's The New Holy Wars: Economic Religion vs. Environmental Religion in Contemporary America. Nelson argues that environmentalism and economics represent competing religious worldviews. Within this framework, debates over issues like global warming and acid rain become veiled theological disputes between these two “secular religions.” Nelson paints with a broad, aggressive brush. This is both the strength and weakness of his book, as he conjures a world of epic battles between the economic faithful, who worship material progress, and the environmentally pious, who bemoan the corruption visited by humans upon the natural world. …
In Israeli-Palestinian Conflict, Could Commerce Foster Trust, Tolerance, And Peace?, Nathan B. Oman
In Israeli-Palestinian Conflict, Could Commerce Foster Trust, Tolerance, And Peace?, Nathan B. Oman
Popular Media
No abstract provided.
Echoes From Geneva: Finding John Calvin’S Socio-Economic Interests In The Modern World, Brenda K. Savage
Echoes From Geneva: Finding John Calvin’S Socio-Economic Interests In The Modern World, Brenda K. Savage
Master of Liberal Studies Theses
Through an examination of John Calvin’s intentions in ending the prohibition on usury and the practical application of his teachings in sixteenth-century Geneva, and a consideration of the elements of poverty, social outcasts, and exploitation common to both Geneva and the modern world, it can be argued that the Reformer has much to offer of continued relevancy for those seeking to engage their contemporary world by finding alternatives that can help the financially disenfranchised. Calvin is often referred to as the “Father of Modern Interest,” and as such many people have directly blamed him for the exploitation associated with capitalism. …
The Impacts Of Drinking Alcohol, Using Marijuana, And Smoking Cigarettes As A Teenager On The Educational Attainment And The Income Of Young Adults, Thomas Carnot
All Theses
It is widely believed that activities such as drinking alcohol, smoking cigarettes, and using marijuana during the teenage years have a harmful effect on a youth's development, thus damaging his or her value in the labor market once the individual reaches adulthood. There have been several studies in the past that have looked into the consequences of partaking in such activities during both the adult and college years, but this paper will investigate how the use of alcohol, marijuana, and cigarettes at the age of 16 affects the average individual's future income and the amount of education completed by the …
April 2011, Syracuse Department Of Economics
April 2011, Syracuse Department Of Economics
Economics - All Scholarship
No abstract provided.
Economic Freedom And Fiscal Performance: A Regression Analysis Of Indices Of Economic Freedom On Per Capita Gdp, Jason R. Ockey
Economic Freedom And Fiscal Performance: A Regression Analysis Of Indices Of Economic Freedom On Per Capita Gdp, Jason R. Ockey
Undergraduate Economic Review
This paper explores whether different forms of economic freedom drive fiscal performance. We also seek to determine which specific measurements of economic freedom have the most statistically significant impacts. Though the results of our analysis show that economic freedom does impact levels of per capita GDP, the interpretation of these results is more complicated. Because some indices of economic freedom have negative effects on per capita GDP or are statistically insignificant, it is important to note that simply generally increasing a country’s overall level of economic freedom will not necessarily spur economic growth or increase fiscal performance. This paper does …
The Pragmatist’S Guide To Comparative Effectiveness Research, Amitabh Chandra, Anupam B. Jena, Jonathan Skinner
The Pragmatist’S Guide To Comparative Effectiveness Research, Amitabh Chandra, Anupam B. Jena, Jonathan Skinner
Dartmouth Scholarship
No abstract provided.
Free Rider – A Justification For Mandatory Medical Insurance Under Health Care Reform?, Douglas A. Kahn, Jeffrey H. Kahn
Free Rider – A Justification For Mandatory Medical Insurance Under Health Care Reform?, Douglas A. Kahn, Jeffrey H. Kahn
Law & Economics Working Papers
Section 1501 of the Patient Protection and Affordable Care Act added section 5000A to the Internal Revenue Code to require most individuals in the United States to purchase a minimum level of medical insurance. This requirement, which is enforced by a penalty imposed on those who fail to comply, is sometimes referred to as the “individual mandate.” A frequently stated defense of the individual mandate is that there are a vast number of persons who do not purchase medical insurance and then obtain free medical care when the need arises, and the individual mandate will require those persons (often referred …
Conditioning The Capital Asset Pricing Model To Incorporate Macro-Economic Based Variables, Maria Casandra Rusti
Conditioning The Capital Asset Pricing Model To Incorporate Macro-Economic Based Variables, Maria Casandra Rusti
Whittier Scholars Program
Time variations in expected returns are related to the business cycle. Evidence shows that expected returns are higher in economic recessions, since investors are less willing to hold risky assets, and lower in economic booms. This suggests that time variations in equity premiums should be accounted for by variables related to the business cycle. Being able to model equity premiums helps investors optimize their portfolios. Therefore, we develop a conditioning macroeconomic variable that captures time variation in risk premium across business cycles and we test its predictive power for future market returns. More specifically we look at the following macro-economic …
State Of The Northwest Arkansas Region 2011 Report, Katherine A. Deck, Mervin Jebaraj
State Of The Northwest Arkansas Region 2011 Report, Katherine A. Deck, Mervin Jebaraj
State of the Northwest Arkansas Region Report
The Center for Business and Economic Research presents the State of the Northwest Arkansas Region Report, an objective analysis of the area’s performance. The report reflects a broad approach to economic development and includes metrics related to innovation, quality of life, and health in addition to measures more often associated with the economy such as employment rates, business growth and income changes. The Northwest Arkansas region’s performance over time is measured and compared with the performance of the United States, Arkansas, and four peer regions: Lexington, Kentucky; Gainesville, Florida; Huntsville, Alabama; and Austin, Texas.
Department Of Economics Publication List 2010, Penny Stover
Department Of Economics Publication List 2010, Penny Stover
Economics Pamphlet Series (1985-2016)
This compilation lists published works authored by Department of Economics faculty members and other staff working on projects funded through the Department of Economics. Publications resulting from their research and academic activities are indexed by author at the end of the pamphlet for easy access by the public. The articles were published between January 1, 2010 and December 31, 2010.
Cross-Cultural Risk Behavior In Financial Decisions And The Cushion Hypothesis, Jin Tan
Cross-Cultural Risk Behavior In Financial Decisions And The Cushion Hypothesis, Jin Tan
CMC Senior Theses
92 students from a Southern California liberal arts college and two Beijing universities participated in an online questionnaire. Their cultural tendencies (i.e. level of collectivism and perception of family support) and responses to hypothetical investment scenarios were observed. Participants were asked to provide the amount they would invest in each scenario as well as a risk safety rating. The Chinese respondents reported higher cushion and collectivism scores than the Americans. Furthermore, the Chinese sample offered more money for the three riskiest scenarios; they also rated three scenarios safer than the Americans did. The cushion and collectivism scores were not found …
Estimating The Effects Of Integrated Film Production On Box-Office Performance: Do Inhouse Effects Influence Studio Moguls?, Daniel M. Polyakov
Estimating The Effects Of Integrated Film Production On Box-Office Performance: Do Inhouse Effects Influence Studio Moguls?, Daniel M. Polyakov
CMC Senior Theses
Each year well over one billion movie tickets are sold to an audience who knows very little about what they are getting themselves into. Why is it that despite the uncertainty, people return to the theaters to see what Hollywood has in store for them? In efforts to provide answers regarding the driving forces behind Hollywood’s blockbuster hits, this study takes into account the integration levels of the studios. Specifically, does a movie produced in-house at a large studio have a better chance of being a blockbuster hit than one which is outsourced to an independent production company? Further, I …
A New Experiment On Rational Behavior, Myles R. Macdonald
A New Experiment On Rational Behavior, Myles R. Macdonald
CMC Senior Theses
Behavioral economics is widely recognized as a rising field in economics, one whose discoveries and implications are not yet completed or understood. At the same time, economic theory plays an enormous role in our governmental and legal system. In particular, the Coase Theorem and its implications have affected nearly every area in the field of law and economics. This paper proposes a experimental test of Coasean bargaining in situations using two competitive players whose payoffs depend on minimizing their costs of mitigating the externality. A rational player’s action can be predicted ahead of time, and the rationality of the game’s …
Pointless?, Jonah Yuen
Pointless?, Jonah Yuen
CMC Senior Theses
A fundamental question in politics that has no conclusive answer to this day is whether or not campaign expenditures are pointless. Determining the role of campaign contributions and spending in elections is important for formulating campaign finance reform policy and also for understanding the public choice economics behind elections. Politicians seem convinced that money is an important component in any successful election as illustrated by numerous fundraisers and lofty goals of raising $1 billion for presidential campaigns, yet the empirical research on money’s role in elections has not reached a consensus. This project seeks to further explore the relationship between …
Public Policy, Human Instincts, And Economic Growth, Jonathan B. Wight
Public Policy, Human Instincts, And Economic Growth, Jonathan B. Wight
Economics Faculty Publications
Alfred Marshall famously insisted that economics is more like biology than physics. Societies are organic ecologies that evolve and produce organized but unplanned complexity (Hayek 1979). Although no public policy reliably produces economic growth across all ecosystems, a key element unites diverse institutions and policies that do seem to work: they all are reasonably compatible with human instinct. Institutions that build on the basic instinct for self-betterment (as in markets) have a much easier time in achieving success than institutions that oppose it (as in communism). Instincts, like gravity, are a force of nature. Adam Smith theorized, for example, …
Institutional Divergence In Economic Development, Jonathan B. Wight
Institutional Divergence In Economic Development, Jonathan B. Wight
Economics Faculty Publications
The Anglo-American capitalist model (AACM) encompasses a set of theories and policies that advance the classical objectives of individual autonomy, wealth acquisition, and economic growth. In the twentieth century, the neoclassical goal of short-run Pareto efficiency was added yet remains in possible tension with these other aims. The AACM generally upholds the primacy of markets as the means for achieving its normative ideals through private, decentralized actions, with some exceptions. In the modern political arena this ideology is associated with the Reagan-Thatcher revolution of the 1980s and provides a framework for many who oppose statist solutions to social problems (Steger …
Democratic Strength And Terrorism: An Economic Approach, Brian P. Winter
Democratic Strength And Terrorism: An Economic Approach, Brian P. Winter
CMC Senior Theses
There has been much literature about the economic effects of terrorism in democratic countries, but this literature often considers democracy to be a binary variable. This paper sought to explore how the effects might differ depending on the strength of a democracy. In the end, I found that the numbers of attacks and the effects of those attacks do not follow a linear path. The results for autocracies and anocracies require further analysis, but democracies have revealed interesting results. It seems that democracies as a whole have more terrorist attacks, but, within this group, the more democratic a country is …
Fiscal Impact Of Privatization In Developing Countries, Alexander H. Sunderland
Fiscal Impact Of Privatization In Developing Countries, Alexander H. Sunderland
CMC Senior Theses
This paper examines the fiscal impact of privatization revenues in 47 developing countries. There are many reasons that privatization is attractive for the central government of developing countries. If substantial, these revenues from the sale of state owned enterprises can present a potential solution to persistent deficits. On the other hand, the privatization revenues could be used to finance an even larger deficit. In this paper, I will discuss previous research on the fiscal impact of privatization revenues, the factors that contribute to persistent fiscal budget deficits and explain how empirical research on the fiscal impact of privatization in the …
A Natural Resource Curse: Does It Exist Within The United States?, Bryce Gerard
A Natural Resource Curse: Does It Exist Within The United States?, Bryce Gerard
CMC Senior Theses
In this paper, we examine data on U.S. GDP/Capita and natural resource share of GDP by state. We then run growth regressions and build on a previous model of dynamic equations to account for the spatial equilibrium that exists between U.S. states. Our results show that there exists evidence that overinvestment in oil and mining sectors has negative effects on state TFP growth, thus giving positive evidence for the existence of a natural resource curse between U.S. states.
F. A. Hayek’S Sympathetic Agents, Sandra J. Peart, David M. Levy
F. A. Hayek’S Sympathetic Agents, Sandra J. Peart, David M. Levy
Jepson School of Leadership Studies articles, book chapters and other publications
In what follows, we show first that, for Hayek, behavior within the small group – the “small band or troop,” or “micro-cosmos” – is correlated, resulting from agents who are sympathetic one with another. We shall argue that sympathy in this context for Hayek entails the projection of one’s preferences onto the preferences of others. With such correlated agency as the default in small-group situations, Hayek attempts to explain the transition from small groups to a larger civilization. We consider the role of projection in Hayek’s system at length, because projection from the local group characterized by a well-defined preference …
Designing Incentives For Inexpert Human Raters, Daniel L. Chen, John J. Horton, Aaron D. Shaw
Designing Incentives For Inexpert Human Raters, Daniel L. Chen, John J. Horton, Aaron D. Shaw
Faculty Scholarship
The emergence of online labor markets makes it far easier to use individual human raters to evaluate materials for data collection and analysis in the social sciences. In this paper, we report the results of an experiment - conducted in an online labor market - that measured the effectiveness of a collection of social and financial incentive schemes for motivating workers to conduct a qualitative, content analysis task. Overall, workers performed better than chance, but results varied considerably depending on task difficulty. We find that treatment conditions which asked workers to prospectively think about the responses of their peers - …