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Economics Of Covid-19 In Class Work 8 Covid-19 And Race Part 1, Sara Gundersen

Economics Faculty Publications

This contains the eighth in class handout from The Economics of COVID-19, which was taught in fall 2020.

Economics Of Covid-19 In Class Work 8 Covid-19 And Race Part 1, Sara Gundersen

Economics Faculty Publications

This contains the eighth in class handout from The Economics of COVID-19, which was taught in fall 2020.

A Transformative Approach To Incorporating Adaptive Courseware: Strategic Implementation, Backward Design And Research-Based Teaching Practices, Tonya A. Buchan, Stanley Kruse, Jennifer Todd, Lee Tyson

Current Issues in Emerging eLearning

In July 2016, Colorado State University (CSU) joined seven other land-grant institutions in the Accelerating Adoption of Adaptive Courseware grant sponsored by the Personalized Learning Consortium (PLC) of the Association of Public and Land-grant Universities (APLU). A primary objective of the grant was to scale the adoption of adaptive courseware in general education courses at each of the grant institutions. CSU targeted high-enrollment, general education courses and took a three-pronged, transformative approach to the integration of adaptive courseware. Specifically, CSU divided the courseware integration into three components: 1) strategic implementation of courseware, 2) backward course design, and 3) incorporation of …

Stock Market Correlations To Economic Indicators, Anthony K. Quandt

Honors Program: Senior Projects (Public)

For this project, I researched how representative the S&P 500 (a common index of choice to represent the market) is of the economic well-being of the US. I found that stock market data can be used an as indicator of the economic well-being of the U.S.. The results do not indicate that the stock market leads to recovery, but it does suggest that it is correlated with recovery. In my analysis, I compared the S&P 500 performance to four different economic indicators: Real Gross Domestic Product (GDP), The Consumer Price Index (CPI), Average Weekly Private Wages, and Unemployment Rate. A …

Federation Divided, Max M. Balton

Capstones

At the start of the 2020 school year, a lack of covid safety plans led teachers like Rosy Clark to protest, urging her union the United Federation of Teachers to act. She and other progressives in the dissident caucus, Movement of Rank and File Educators, were willing to strike to ensure their safety. Union leadership hesitated largely because public union strikes are illegal under the state’s Taylor Law.

This four-part audio documentary looks at the history of the UFT and this contentious state law. The union began striking under more onerous strike prohibition legislation. Its roots are steeped in radical …

Firms, Jobs, And Gender Disparities In Top Incomes: Evidence From Brazil, Felipe Benguria

Upjohn Institute Working Papers

This paper studies the gender disparities among top incomes in Brazil during the period 1994-2013 using administrative data on the universe of formal-sector job spells and detailed information on educational attainment, employers, and occupations performed. Over these two decades, differences in pay and participation between genders have narrowed, yet the process has been slow and women are still severely underrepresented, especially within the very top percentiles of the earnings distribution. The following findings highlight the role of firms and occupations in explaining these patterns. At the start of the period, women in the top percentile of the distribution owe a …

Economics Of Covid-19 In Class Work 9 Covid-19 And Race Part 2, Sara Gundersen

Economics Faculty Publications

This contains the ninth in class handout from The Economics of COVID-19, which was taught in fall 2020.

Economics Of Covid-19 In Class Work 9 Covid-19 And Race Part 2, Sara Gundersen

Economics Faculty Publications

This contains the ninth in class handout from The Economics of COVID-19, which was taught in fall 2020.

Mortgage Discrimination And District Manipulation: Deterrents To Minority Mobility, Megan M. Rice

Honors Theses

This paper explores the relationship between gerrymandering and home loan discrimination. Gerrymandering, the process of manipulating district plans for political gain, and discrimination in mortgage lending are both illegal; and yet, they still occur in today’s society. By using individual loan application data from the HMDA’s website, a series of regressions will be run using applicant characteristics to measure loan discrimination at the state level. Once a state level model has been constructed, a measure of gerrymandering called the Efficiency Gap will be added into the regression in order to explore the relationship between home loan discrimination and gerrymandering. Regression …

When The Great Equalizer Shuts Down: Schools, Peers, And Parents In Pandemic Time, Francesco Agostinelli, Matthias Doepke, Giuseppe Sorrenti, Fabrizio Zilibotti

Cowles Foundation Discussion Papers

What are the effects of school closures during the Covid-19 pandemic on children’s education? Online education is an imperfect substitute for in-person learning, particularly for children from low-income families. Peer effects also change: schools allow children from different socio-economic backgrounds to mix together, and this effect is lost when schools are closed. Another factor is the response of parents, some of whom compensate for the changed environment through their own efforts, while others are unable to do so. We examine the interaction of these factors with the aid of a structural model of skill formation. We find that school closures …

Emotions And Decisions In The Real World: What Can We Learn From Quasi-Field Experiments?, Syon Bhanot, D. Chang, J. L. Cunningham, M. Ranson

Economics Faculty Works

Researchers in the social sciences have increasingly studied how emotions influence decision-making. We argue that research on emotions arising naturally in real-world environments is critical for the generalizability of insights in this domain, and therefore to the development of this field. Given this, we argue for the increased use of the “quasi-field experiment” methodology, in which participants make decisions or complete tasks after as-if-random real-world events determine their emotional state. We begin by providing the first critical review of this emerging literature, which shows that real-world events provide emotional shocks that are at least as strong as what can ethically …

Financial Management And Financial Well-Being Of Newly Married Couples: Practices And Knowledge, Leylawati Joremi

Student Works (2020-2029)

Prudent financial management is a critical factor to achieve better financial well-being. The failure of many individuals in managing their finances, resulting in bankruptcy, distress and divorce. Recognizing the importance of financial management practices as a roadmap towards future financial well-being, a study on young and newly married couples is imperative. This study intends to attain a profound understanding of financial management practices among urban Malays young couples. This study also deliberates the understanding of these couples on financial well-being. It takes the phenomenological approach and analyses qualitative data collected through a series of in-depth interviews. The interviews explore the …

Surviving Variable Yields And Prices, Kara Zimmerman, Cory Walters, Jessica Groskopf, Matthew Stockton, Kate Brooks

Cornhusker Economics

A marketing strategy focusing on prices from the most re-cent past, indirectly gives little or no weight to all of the other possible price outcomes. While it is intuitive that the most recent prices are more likely to play a role in our decision-making process, there are other price events that can happen. The seasonal price path from the 2019/2020 crop year was nothing like we have recently experienced. Sup-pose we entered the 2020’s marketing decision using a seasonal approach that considers only the average price series over the past 5 years (2015-19 average), Figure 1. The seasonal average indicates …

A Capital Asset Pricing Model With Idiosyncratic Risk And The Sources Of The Beta Anomaly, Mark Schneider, Manuel A. Nunez

ESI Working Papers

We introduce a generalization of the classical capital asset pricing model in which market uncertainty, market sentiment, and forms of idiosyncratic volatility and idiosyncratic skewness are priced in equilibrium. We derive two versions of the model, one based on a representative agent who cares about three criteria (risk, robustness, and expected returns), and the other with a microfoundation based on three types of investors (speculators, hedgers, and arbitrageurs). We apply the resulting capital asset pricing model with idiosyncratic risk (IR-CAPM) to provide a new theoretical account of the beta anomaly, one of the most fundamental and widely studied empirical limitations …

Beyond Mechanical Markets: Asset Price Swings, Risk, And The Role Of The State (Book Review), Adrian Ravier

Journal of New Finance

In its opening section, Frydman and Goldberg’s book lays out important methodological contributions questioning the hypothesis of rational expectations, constructed on the basis of the writings of Knight, Keynes and Hayek. But in the second part, it does not propose a convincing model that would help avoid the formation of new financial bubbles. While accepting to some extent that the government entity has no greater knowledge than economic agents, it ignores the perverse public-sector incentives that James M. Buchanan and the School of Public Choice have explored in recent decades. Furthermore, although the repeated reference to Hayek is encouraging, the …

The Structure Of Production And Endogenous And Exogenous Liquidity Of Financial Intermediaries, Daniel Fernández

Journal of New Finance

Banks directly manage their own liquidity. Banks also indirectly manage the liquidity of the entire economic system. In this article we discuss the relationship between endogenous and exogenous bank liquidity, and their corresponding relationship to the structure of production. We explore these liquidity relationships in the context of both a decentralized and centralized system of free banking, comparing both with the monopoly regime of central banks, “convertible and inconvertible liabilities. We analyze the incentives that engender a liquid “system in the context of free banking as well as the perversion of those same incentives in the context of central banking, …

Three Chapters On Transportation And Its Impact On Employment And Health Visits For Low-Income Adults In The Southwest, Michael Hensley

Economics ETDs

Many barriers to employment and healthcare access in the United States exist. Barriers to employment include lack of education, homelessness, or a criminal background. Barriers to healthcare include lack of insurance, lack of medical knowledge, and the inability to pay for service. This dissertation examines the role of transportation access and if transportation access is a burden for employment and healthcare access in the Southwest United States. This dissertation also examines if those differences are different based on gender, race, and ethnicity. The 2017 National Household Travel Survey (NHTS) serves as the data source for this dissertation.

Chapter 1 gives …

Explaining The Nonlinear Response Of Stock Markets To Oil Price Shocks, Diego Escobari, Shahil Sharma

School of Economics and Finance Faculty Publications

This paper is set to reconcile the existent conflicting empirical evidence on the effect of oil prices on stock prices. We estimate various nonlinear models where the response changes according to a first-order Markov switching process. More importantly, we model the transition probabilities between the high- and low-response regimes to depend on state variables to allow us to explain the forces behind the asymmetry in the response. The results show statistically significant asymmetries that can be explained by economic recessions and to a lower extent depend on the magnitude of the oil price shift and on whether the shift is …

Working Paper No. 45, An Intellectual History Of Josiah Warren, Jaye Balentine

Working Papers in Economics

This inquiry seeks to establish that Josiah Warren (1798-1874) developed a synthesis of anti-capitalist economics and radical individualism which became a unique, yet highly practical strand of anarchism in the United States. This inquiry relies heavily upon Crispin Sartwell’s The Practical Anarchist: Writings of Josiah Warren (2011) for insight into Warren’s contributions. Warren registers as distinct because of his relative isolation from other anarchist thinkers, existing largely as a lone practitioner operating in the western territories of the United States during middle-part of the 19th century. This inquiry considers Warren’s philosophical views as well as his practical program—namely his doctrines …

Working Paper No. 46, Foundations For Feminist Legal Theory, Taylor Feltham

Working Papers in Economics

This inquiry seeks to establish the foundations for Feminist Legal Theory through considering its three important dimensions. These dimensions are: a) a distinct and unique historical background; b) an ongoing legacy of occupational segregation; and c) a persistence of gender inequality. This inquiry relies heavily upon Feminist Legal Theory: A Primer (2016) authored by Nancy Levit, et al. Since the emergence of the area of inquiry known as “critical race feminism,” feminist legal theory has been moving away from the principle of formal equality and towards intersectional equity. Feminist legal theorists like Angela Harris (1990), in her work Race and …

Working Paper No. 47, The Transformation Of Developmental States: Patterns Of Economic Development In South Korea And Taiwan, Mina Kim

Working Papers in Economics

This inquiry considers similar yet contrasting patterns in the economic development of South Korea and Taiwan. Taiwan’s developmental state has tended to exhibit ‘softer’ characteristics than South Korea’s. I identify a tendency for when developmental states face crises and then transition forward to a ‘post-developmental state’. This is traced to the internal 'paradox of success' and external pressure of neoliberal globalization. Though these two countries tend to embrace and rely upon neoliberal policies for economic growth, the speed and degree of systemic change register as different. A 1997 financial crisis appears to have goaded South Korea to move quickly through …

Working Paper No. 48, Struggle Over China, Joshua Stanfill

Working Papers in Economics

This inquiry seeks to establish that after Dr. Sun Yat-sen thought through and then laid the foundations for the modern Chinese state, a struggle for power emerged between those identifying as nationalists and communists. Sun’s ideas regarding some of the effects of western imperialism on Asian countries were shared by both the Chinese Communist Party and the Nationalist Party under Chiang Kai-shek. The ideological bases for the struggle between the two parties for China emerged in their beliefs regarding relationships between government and citizens, and the role of the government. Soon after Dr. Sun’s death, a struggle for power over …

Sustainability In The Fashion Industry: Two Case Studies Highlighting Consumer Purchasing Actions Related To Brand Sustainability, Allison Zhang

Environmental Studies Senior Seminar Projects

The rise of competition in the fashion industry has called for companies to differentiate themselves. One way of differentiation that has been seen in recent years is an increase in sustainable and environmentally friendly practices. This paper explores the use of press releases by fashion companies to see if the releases impact the companies’ bottom line. The purpose of this study was to evaluate if sustainability related press releases impact consumers in the United States decision making in purchasing products or supporting certain brands or companies. To conduct this study, yearly and quarterly financial data was collected to find trends …

Financial Reporting And Moral Sentiments, Radhika Lunawat, Timothy W. Shields, Gregory B. Waymire

ESI Working Papers

Dating back at least to Adam Smith (1790), philosophers and researchers expect that people will behave differently when they know their actions are observable to others. We hypothesize that financial reporting reveals managers’ actions and leads them to take different actions that are better aligned with investor interests. We posit that the reason why is the activation of our internal mental self-evaluation that Smith refers to as an “Impartial Spectator.” We test this hypothesis with an experiment in which we manipulate the availability of a financial report that makes managerial actions transparent. Our evidence shows that financial reporting leads a …

Mum’S The Word: Are Mothers Choosing To Give Up Their Careers Or Being Booted Out Of The Labor Force?, Harini Chakrapani

Capstones

Since the pandemic began, mothers have been leaving the labor force in droves. Mum’s the Word: Are mothers choosing to give up their careers or being booted out of the labor force examines the reasons that are forcing mothers to quit their jobs, the cost of mothers’ not participating in the labor force and what steps corporations and the government can take to support mothers’ return to the labor force. https://www.hcpani.com/post/mum-s-the-word-are-mothers-choosing-to-give-up-their-careers-or-being-booted-out-of-the-labor-force

Nyc’S Boom: More Jobs And Housing, No Affordability, Lacandis Brown

Capstones

Although the number of NYC jobs is steadily growing faster than housing units are being created. Housing units are still being made in abundance, but residents say these new jobs just don't provide an adequate wage necessary to live within them.

https://lacandisbrown.home.blog/2020/06/19/nycs-boom-more-jobs-and-housing-no-affordability/

Thaw Publications, Carl Landwehr, David Kotz

Computer Science Technical Reports

In 2013, the National Science Foundation's Secure and Trustworthy Cyberspace program awarded a Frontier grant to a consortium of four institutions, led by Dartmouth College, to enable trustworthy cybersystems for health and wellness. As of this writing, the Trustworthy Health and Wellness (THaW) project's bibliography includes more than 130 significant publications produced with support from the THaW grant; these publications document the progress made on many fronts by the THaW research team. The collection includes dissertations, theses, journal papers, conference papers, workshop contributions and more. The bibliography is organized as a Zotero library, which provides ready access to citation materials …

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 …

Gtap-Power Data Base: Version 10, Maksym Chepeliev

Department of Agricultural Economics Faculty Publications

This paper documents changes introduced to version 10 of the Global Trade Analysis Project (GTAP) Power (GTAP-Power 10) Data Base construction process relative to the GTAP-Power build stream developed in Peters (2016). First, in Peters (2016) output of the electricity and heat generation sector was split into different technologies using electricity generation data only. We use heat and electricity generation volumes to provide a more representative sectoral split and achieve a better concordance with GTAP 10 Data Base sectoral definitions. Second, we introduce data on country and year-specific shares of transmission and distribution costs in electricity price for 80 countries. …

Financial Literacy For Latino Immigrants: A Guidebook For Esl Teachers, Anna Braden

Master's Projects and Capstones

Latino immigrants face many financial challenges in the United States. Language barriers exclude them from jobs as well as financial and consumer markets. Lack of familiarity with the U.S. financial system or bad experiences with financial systems in their home countries can create mistrust and lead to Latino immigrants being unbanked or underbanked. Consumer vulnerabilities may also be exploited as immigrants turn to nonbank financial services such as predatory lenders (check cashers, payday lenders, etc.). Lack of access to jobs and marketplaces results in lower income and less wealth accumulation. Over time this results in wealth inequality between Latino immigrants …