Economics Commons^™

Consumer Bankruptcy, Mortgage Default And Labor Supply, Wenli Li, Costas Meghir, Florian Oswald

Cowles Foundation Discussion Papers

We specify and estimate a lifecycle model of consumption, housing demand and labor supply in an environment where individuals may file for bankruptcy or default on their mortgage. Uncertainty in the model is driven by house price shocks, education specific productivity shocks, and catastrophic consumption events, while bankruptcy is governed by the basic institutional framework in the US as implied by Chapter 7 and Chapter 13. The model is estimated using micro data on credit reports and mortgages combined with data from the American Community Survey. We use the model to understand the relative importance of the two chapters (7 …

Kentucky Annual Economic Report 2022, Michael W. Clark, James P. Ziliak, Simon Sheather

Kentucky Annual Economic Report

This report is one of the important ways that the Center for Business and Economic Research fulfills its mission to examine various aspects of Kentucky’s economy as directed by the Kentucky Revised Statutes (KRS 164.738). The analysis and data presented here cover a variety of topics that range from a discussion of Kentucky’s current economic climate to a broad presentation of factors affecting the economy.

The report covers numerous dimensions of Kentucky’s economy including the effects of COVID-19. As the pandemic approaches its third year, COVID-19 continues to dominate the economic narrative. Many aspects of the economy have improved substantially …

Pathways Of Reform In Education: Evidence From India, Poornima Tapas, Deepa Pillai, Rita Dangre, Kishore Kulkarni

International Review of Business and Economics

No abstract provided.

Can Blended Learning Address Indian Academic Issues?, Vijay D. Joshi, Sukanta K. Baral

International Review of Business and Economics

No abstract provided.

Economic Policy And Equality : Neoliberalism And Gender Equity In Latin America Since The 1970s, Donnett Annmarie Lee

Legacy Theses & Dissertations (2009 - 2024)

Neoliberalism has been a persistent concern for policymakers, scholars, and the general public in Latin America due to its negative effects on women. This paper examines the relationship between neoliberal economic policies and gender equality from the 1970s to 2003 in the region. I use a mixed-methods approach to test the two major competing theories from the literature that discuss women’s status under neoliberal reform. I find that neoliberal economic policies did not improve the status of women but reduced gender disparity. Neoliberalism led to the worsening of men’s status, which caused the status of women to seem better. Overall, …

Three Essays In Public Economics, Joylynn Michelle Pruitt

Graduate Theses, Dissertations, and Problem Reports (ETD)

This dissertation presents three chapters related to each other in their application to public economics. In the study of how utility-maximizing or goal-seeking units achieve economic outcomes, this dissertation presents results for a diverse range of agents including prosecutors and liberal arts colleges. Co-authored with Dr. Bryan McCannon of West Virginia University, the first chapter examines an interesting feature of prosecutor elections, where the pool of potential challengers to an incumbent comes primarily from subordinates within the office. We develop a signaling model that analyzes whether entry into the political race by a subordinate provides voters with useful information. In …

Using Pupil Transportation Data To Explore Educational Inequities And Outcomes: A Case Study From New York City, Sarah Cordes, Samantha Trajkovski, Christopher Rick, Meryle Weinstein, Amy Ellen Schwartz

Center for Policy Research

This article explores how researchers can use pupil transportation data to explore key questions about the role of transportation in educational access and equity, such as how students get to school and the effect of transportation on student outcomes. We first describe different sources of transportation data that are available to researchers, provide a brief review of relevant literature, and discuss potential sources of measurement error in pupil transportation data. Next, we use administrative data from New York City to illustrate how pupil transportation data can be used to understand transportation eligibility and assignment as well as to describe the …

Towering Intellects? Sizing Up The Relationship Between Height And Academic Success, Stephanie Coffey, Amy Ellen Schwartz

Center for Policy Research

Do tall students do better in school? While a robust literature documents higher earnings among taller people, we know little about the potential academic origins of the height earnings gradient. In this paper, we use unique student-level longitudinal data from New York City (NYC) to examine the link between height and academic outcomes, shedding light on underlying mechanisms. The centerpiece of our empirical work is a regression linking academic outcomes to height, measured as a z-score normalized to same grade/sex peers within schools. We estimate a meaningful height gradient for both boys and girls in ELA and math achievement in …

Long-Term Effects Of In Utero Exposure To “The Year Without A Summer”, Hamid Noghanibehambari, Farzaneh Noghani, Nahid Tavassoli, Mostafa Toranji

Economic and Business Review

This paper uses the aftermath of the great Tambora eruption in 1815 as a natural experiment to explore the long-term effects of a nutritional shock during prenatal development. The volcanic explosion of Tambora formed substantial ash columns which hampered sunlight, cooled down the surface temperature, reduced the length of the growing season, and led to a severe harvest failure during summer and winter of 1816 in Europe and northeastern states of America. US decennial census 1850 provides evidence that cohorts in utero during the climate anomaly revealed lower literacy rates, lower labor force participation rates, a fewer number of own …

What Makes A Classmate A Peer? Examining Which Peers Matter In Nyc Elementary Schools, William C. Horrace, Hyunseok Jung, Jonathan L. Pressler, Amy Ellen Schwartz

Center for Policy Research

Generalizing the group interaction model of Lee (2007), we identify and estimate the effects of student level social spillovers on standardized test performance in New York City (NYC) elementary schools. We leverage student demographic data to construct within-classroom social networks based on shared student characteristics, such as a gender or ethnicity. Rather than aggregate shared characteristics into a single network matrix, we specify additively separate network matrices for each shared characteristic and estimate city-wide peer effects for each one. Conditional on being in the same classroom, we find that the most important student peer effects are shared ethnicity, gender, and …

Do Conditional Cash Transfers Increase School Enrollment? Evidence From Brazil, Jeanette L. Silvernale

Master's Theses

Conditional cash transfer programs have been widely deployed across the globe. They seek to bolster human capital by providing benefits contingent upon a variety of actions such as school attendance and regular health checkups. Bolsa Familia is the most extensive conditional cash transfer program, serving 46 million Brazilian citizens. Despite its expansive size, there have been seldom large-scale micro evaluations of the program. Limited data has resulted in small sample sizes drawn from a single point in time. Our study diverges from the rest and utilizes a novel administrative dataset with an overall sample of nearly 60 million and a …

Essays On Economic Development And Environmental Sustainability, Rohan Ray

Dissertations and Theses Collection (Open Access)

The first chapter is a randomized controlled trial study that uses loss framing and information nudges to increase secondary school attendance in Bangladesh. Conditional cash transfers (CCTs) have become one of the most common policy interventions to increase school attendance, but the cost-effectiveness of such interventions has not attracted the attention it deserves. Hence, in addition to a standard CCT implementation, our rich unique dataset on daily attendance allows us to experimentally study two potential ways to improve the cost-effectiveness of school attendance interventions: (i) SMS information nudges and (ii) loss framing in CCTs. The former provides school attendance information …

Jr. And Sr. High At-Risk Students Within Poverty: Formation Of The Mentor-Mentee Program In Addressing Their Needs, John J. Noggle

Doctor of Ministry Projects and Theses

In the Spring of 2015, I was driving toward Southwest Arkansas to my new appointment at Stamps First United Methodist Church. As I was driving further south on Highway 71, I began to notice how poverty-stricken South Arkansas was. Towns that were once the commercial service centers to their communities contained empty store buildings and little economic life. It was then that I knew that the majority of children in South Arkansas were At-Risk children in poverty. I felt a call in my Spirit to help those in need by developing a plan of action to help them in meeting …

An Analysis Of The Factors That Influence Success Rates Of Honors College Students, Braden Bateman

Agricultural Economics and Agribusiness Undergraduate Honors Theses

University honors programs provide students with challenging yet rewarding opportunities. Pursuing honors often offers students opportunities (such as access to uique coursework or specialized mentorship) that are not available to the general student popultion. However, honors programs also hold students to more or higher educational milestones in order to graduate with honors. Data from the University of Araksas Fayetteville (UAF) suggest students who start in honors as new freshmen typically graduate at rates much higher than students who were not honors freshmen. However, the percentage of those honors freshmen who complete their honors requirements is much lower than those who …

Significance Of Psychological Contract In Education – A Study With Special Reference To Response Of Students To Online Classes At The Time Of Lockdown Due To Covid 19., Santhosh Kv, Bhavya Vikas

International Review of Business and Economics

Psychological contracts are being studied by many researchers in the present days. This paper attempts to establish the importance of psychological contract during formal education stage, by considering the response of UG and PG students to online classes at the time of lockdown due to Covid 19. With the limited literature research it was found that many have tried to understand the benefits and pitfalls of online teaching. But the researches that establish a relationship between online education and psychological contract were found to be less explored, which is exactly what this paper attempts to do. The objectives of the …

Reimagining Post-Secondary Training, Community College, And Welfare Supports, Aaron Azerad

Dissertations, Theses, and Capstone Projects

This paper seeks to study the income patterns at the sub-bachelorette level through community colleges and workforce training programs. Using 2018 U.S. Census PUMA microdata, this thesis not only explores which fields of study, industries, and occupations have a sufficient number of observations to determine whether they provide incomes which are commensurate with a middle class livelihood but, also whether these jobs are plentiful in number.

The second goal is to evaluate the effects of the 1996 Personal Responsibility and Work Opportunity Reconciliation Act (the Clinton era welfare reform) and how it has influenced Giuliani era ‘work requirement’ initiatives tied …

Peran Dan Kebermanfaatan Ngo Indonesia Mengajar Dalam Mengembangkan Human Capital Di Desa Labuangkallo, Kabupaten Paser, Kalimantan Timur, Ilham Fathur Rahman, Triyanti Anugrahini

Jurnal Administrasi Bisnis Terapan

The biggest problem that exists in remote villages in Indonesia is the lack of access to human capital development. This paper discusses the role of Indonesia Mengajar as a Non-Governmental Organization in the implementation of human capital development in one of the remote villages in Indonesia, Labuangkallo. It is located in Tanjung Harapan District, Paser Regency, East Borneo Province. This research used a qualitative approach with descriptive methods. Furthermore, data collection technique was conducted by indepth interviews with beneficiaries and program actors, including Teaching Facilitators, program officers and executive directors of Indonesia Mengajar, Paser education office, teacher council at SDN …

Education And Life Satisfaction: A Marginal Mediation Analysis, Faiza Hassan, Hafsa Hina, Abdul Qayyum

Business Review

The current micro-level study explores the impact of education on life satisfaction of individuals in Pakistan via six mediating factors that are health, employment status, marital status, number of children, the scale of income and freedom of choice. The differences based on gender, marital status and the scale of income are also analyzed by using data from Wave 6 (2010-2014) of the World Values Survey. The marginal mediation technique by Barrett (2018) is used. It is observed that education plays a significant role in affecting life satisfaction. The channels of health, freedom and scale of income are found significant in …

Investing In Entrepreneurship: The Sustainable Solution To Tunisia’S Youth Unemployment Crisis?, Hussein Noureldin

All Reports

Since the Jasmine Revolution of 2011, Tunisia’s youth unemployment crisis has worsened. As of 2020, it has the tenth highest youth unemployment rate in the world at 36.5%. Experts have long identified this as the main challenge to overcoming Tunisia’s economic woes, and reform – from the education and vocational training systems on the supply-side to the job market on the demand-side – must follow the democratic gains achieved since 2011. The failed approach in reducing regional inequality under Ben Ali had an adverse effect, creating unemployment disparities between Tunisia’s affluent coastal cities and its poorer interior regions. As such, …

Education Towards Attaining Sustainable Development In Developing Nations: Nigeria As A Case Study, Ezeifekwuaba Tochukwu Benedict

Young African Leaders Journal of Development

This Research Paper is a contribution towards highlighting the underdevelopment challenges in Nigeria by applying Education as a tool. In the present decades, there has been a Paradigm Shift in emphasizing on Sustainable Development and the way it been practised. All over the country, there is evidence of a failed leadership attributed by a dwindling economic, educational, political and social fortune. All these challenges are due to the incapability of the leadership to effectively plan for development and apply the necessary educational tools that can produce great leaders that can control the helms of Government and the private sectoral industries. …

Education And Peaceful Coexistence Among Urban Refugee Children, Brenda Aleesi

Young African Leaders Journal of Development

Education is a salient aspect of the peaceful coexistence of any society that cannot be ignored. This paper examines the role of education in aiding the peaceful coexistence of urban refugees in Uganda. Uganda continues to host refugees fleeing conflict, war and instability from countries in the Great Lakes region and the Horn of Africa. Refugees are given basic assistance in rural settlements. Urban refugees who choose to live in the urban areas amongst the host community do not receive basic assistance except a few on the urban caseload (with security and health problems). The information is drawn from qualitative …

Isbanban Foundation Volunteers During The Covid-19pandemic: Activities & Innovation, Ariza Bima Putra, Puspitasari Puspitasari

Journal of Strategic and Global Studies

ISBANBAN is an educational driving foundation in Banten that arranges programs to achieve curriculum goals in schools through 21st Century Skill that elaborates and encourages the ability of fostered to master the skills of Communication, Collaboration, Critical Thinking and Creativity for children aged 4 - 12 years old. Since the Covid-19 pandemic and the adoption of large-scale social restrictions and physical distancing by the government, this affected the voluntary activities carried out at Isbanban Foundation. Therefore, the purpose of this study is to obtain information about the ISBANBAN volunteers activities in Banten during this covid-19 pandemic, as well as innovative …

The Motherhood Wage Penalty: New Evidence On Long-Run Effects And Group Heterogeneity, Vera Kratz

CMC Senior Theses

This paper seeks to establish the magnitude of the long-run motherhood wage penalty. Using data from the 1997 National Longitudinal Survey of Youth, I examine the difference between the real hourly wages of mothers and non-mothers in the long run. By comparing mothers to not-yet-mothers as well as never-mothers, I am able to better isolate the true wage penalty mothers face. My findings indicate that 21 to 25 years after the birth of their first child, mothers face a 31.75 percentage point wage penalty compared to non-mothers. In addition, I examine differences in the wage penalties of mothers by marital …

Do Conditional Cash Transfers Increase School Enrollment? Evidence From Brazil, Jeanette L. Silvernale

Master's Theses

Conditional cash transfer programs have been widely deployed across the globe. They seek to bolster human capital by providing benefits contingent upon a variety of actions such as school attendance and regular health checkups. Bolsa Familia is the most extensive conditional cash transfer program, serving 46 million Brazilian citizens. Despite its expansive size, there have been seldom large-scale micro evaluations of the program. Limited data has resulted in small sample sizes drawn from a single point in time. Our study diverges from the rest and utilizes a novel administrative dataset with an overall sample of nearly 60 million and a …

Meta Analysis Of Rct Interventions, Ayo Ellis

Master's Theses

External validity of an RCT intervention enables understanding of where interventions are successful.

Meta-analysis allows for more generalized statements to be made on the effectiveness of RCTs across countries of different geographic and national income profiles. By comparing the findings from similar studies carried out in different settings I seek to describe whether RCTs in certain sectors are more sensitive to high GDP growth or higher levels of GDP. I consider 402 health, education, and industry development RCT studies done between 1980 and 2015 in 201 countries compiled by development non-profit Aidgrade. I find no significant effect of income level …

An Understanding Of Prisons, Race, And Class In The United States, Seth Ketchum

Honors Projects

After a summer of protests sparked by police brutality, the United States remains divided on this most important issue. This paper will seek to contextualize this country’s situation to explain that these protests stem from a history of inequality, in order to argue against claims that the protests are unjustified. With a multidisciplinary approach, we can begin to observe just how unequal this country is and understand what drives so many people to protest during the middle of a global pandemic.

Technical Efficiency Of Public Middle Schools In New York City, William C. Horrace, Michah W. Rothbart, Yi Yang

Center for Policy Research

Using panel data and a “true” fixed effect stochastic frontier model, we estimate persistent and transient technical inefficiency in mathematics (Math) and English Language Arts (ELA) test score gains in NYC public middle schools from 2014 to 2016. We compare several measures of transient technical inefficiency and show that around 58% of NYC middle schools are efficient in Math gains, while 16% are efficient in ELA gains. Multivariate inference techniques are used to determine subsets of efficient schools, providing actionable decision rules to help policymakers target resources and incentives.

Kentucky Public Schools As Educational Bright Spots (September 2020), Michael T. Childress

CBER Research Report

Understanding the reasons for better‐than‐expected performance across Kentucky's 173 school districts, taking into account student outcomes, backgrounds, and school district characteristics. Building on the previous work with school districts and using school-level data, this paper discusses the estimated expected level of school-level performance using district-level fixed effects. From this broad range of student outcomes, family and community backgrounds, and school characteristics, we identify schools that have performed better than expected—which we refer to as “bright spots.”

The Effects Of Eighth Years Of Compulsory Schooling Enforcement In Turkey, Muhammed Tumay

Dissertations, Theses, and Capstone Projects

This dissertation consists of two chapters that cover Education, Labor and Health Economics.

Chapter 1. Impacts of Compulsory Schooling Reform on Higher Education and Intergenerational Educational Mobility: we estimate the effects of an exogenous increase in mandatory schooling (5 years to 8 years of schooling), as a result of a change in compulsory schooling law, on higher education, potential intergenerational educational mobility, and labor market outcomes among women in Turkey. Our empirical strategy addresses a well-known identification problem where women’s years of schooling are endogenous to individual characteristics. The Law took effect in 1997, whereby girls born before January …

The Economics Of Artificial Intelligence: A Primer For Social Studies Educators, Scott Wolla

The Councilor: A National Journal of the Social Studies

This paper provides a framework for understanding the economic effects of automation and artificial intelligence (AI). First, it reviews how physical capital interacts with labor in the context of automation and AI. Next, it discusses recent advances in AI and potential economic outcomes such as job market polarization and income inequality. It then describes the role education has played in previous economic transitions and the role it will likely play as technology advances. Finally, the paper identifies key economic concepts and teaching resources that social studies educators can integrate into their instruction to help students understand the economic effects of …