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Full-Text Articles in Economics

The Global Gender Distortions Index (Ggdi), Pinelopi Goldberg, Charles Gottlieb, Somik Lall, Meet Mehta, Michael Peters, Aishwarya Lakshmi Ratan Aug 2025

The Global Gender Distortions Index (Ggdi), Pinelopi Goldberg, Charles Gottlieb, Somik Lall, Meet Mehta, Michael Peters, Aishwarya Lakshmi Ratan

Discussion Papers

The extent to which women participate in the labor market varies greatly across the globe. If such differences reflect distortions that women face in accessing good jobs, they can reduce economic activity through a misallocation of talent. In this paper, we build on Hsieh et al. (2019) to provide a methodology to quantify these productivity consequences. The index we propose, the ”Global Gender Distortions Index (GGDI)”, measures the losses in aggregate productivity that gender-based misallocation imposes. Our index allows us to separately identify labor demand distortions (e.g., discrimination in hiring for formal jobs) from labor supply distortions (e.g., frictions that …


Volume Ii | Issue I | 2025 Aug 2025

Volume Ii | Issue I | 2025

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


Inflation Targeting And Inertial Rules, Araha Uday Aug 2025

Inflation Targeting And Inertial Rules, Araha Uday

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


Restrictions On Veto Power: Holding The Permanent Five Accountable In The Face Of Intervention And Peacekeeping Operations, Theo Aldrighi Aug 2025

Restrictions On Veto Power: Holding The Permanent Five Accountable In The Face Of Intervention And Peacekeeping Operations, Theo Aldrighi

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

ABSTRACT: This article examines the structural constraints of the United Nations Security Council, with a focus on the veto power of its permanent members and its implications for intervention and peacekeeping. Through a realist lens and grounded in structural analysis, it contends that the recurrent paralysis of the Council in the face of mass atrocities stems from entrenched power asymmetries. The paper advances a bifold proposal: the adoption of the French-Mexican initiative to suspend veto use in cases of mass atrocities, and the entrenchment of the Council’s authority to authorize the use of force under defined conditions. Drawing on case …


Clickbait Economics: When Narratives Outshine Fundamentals, Esther Eisenstat Aug 2025

Clickbait Economics: When Narratives Outshine Fundamentals, Esther Eisenstat

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


Judicial Lustration In Backsliding Democracies: Causes And Solutions For Publication, Collin Mcdonnell Aug 2025

Judicial Lustration In Backsliding Democracies: Causes And Solutions For Publication, Collin Mcdonnell

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


Eco-Humanitarianism: A Political Ecological Framework For Humanitarian Resilience, Roksanna Keyvan Aug 2025

Eco-Humanitarianism: A Political Ecological Framework For Humanitarian Resilience, Roksanna Keyvan

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


Export Processing Zones: Misguided Vehicles Of Globalization, Isabella Calise Aug 2025

Export Processing Zones: Misguided Vehicles Of Globalization, Isabella Calise

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


The Effects Of A Geopolitical Policy—Case Study Of “Korea Limitation Order” Upon The Cultural Entertainment Industry In China, Zhilin Li Aug 2025

The Effects Of A Geopolitical Policy—Case Study Of “Korea Limitation Order” Upon The Cultural Entertainment Industry In China, Zhilin Li

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

This paper examines the impact on the South Korean Cultural Entertainment Indus- try(CEI) of China’s “Korea Limitation Order”. In November 2016, Beijing restricted South Korean artists from holding concerts and the broadcast of South Korean TV dramas and banned cooperation between the two countries in the entertainment in- dustries. This paper focuses on the effect this had on exports of cultural products and relating industries from Korea, and how Korea was able to adjust to this geopolitical shock. I examine exports from Korea to China, Japan, and the United States using data from Cultural Entertainment Industry Products Exports, such as …


Development Analysis Of South Africa: Potential Impacts Of The Democratic Alliance’S Presence In The New Coalition, Mitchell Susswein Aug 2025

Development Analysis Of South Africa: Potential Impacts Of The Democratic Alliance’S Presence In The New Coalition, Mitchell Susswein

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


Does Bilingualism On Resumes Affect Callback Rates?, Autumn Halfpenny Aug 2025

Does Bilingualism On Resumes Affect Callback Rates?, Autumn Halfpenny

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

I study the influence of bilingualism in Spanish on the likelihood of receiving a callback for female customer service positions in the Chicago area. Data are collected from sixteen unique resumes submitted to 131 different job postings in an audit study, with applicants differing in bilingual ability. Bilingualism in Spanish significantly in- creases the likelihood of a callback by 17.86%-25.4%, implying bilingualism is valued in customer service roles. This suggests that bilingualism in Spanish may increase job prospects. While previous research studies this using observational and survey data, I use an audit study design with resumes to obtain causal results. …


Housing Construction In Washington, Dc: A Spatiotemporal Perspective, Willem Ells Aug 2025

Housing Construction In Washington, Dc: A Spatiotemporal Perspective, Willem Ells

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

No abstract provided.


The Effects Of Pandemic School Closures On Standardized Testing Outcomes: Evidence From Connecticut, Michael Manieri Aug 2025

The Effects Of Pandemic School Closures On Standardized Testing Outcomes: Evidence From Connecticut, Michael Manieri

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

During the Covid-19 pandemic, schools around the nation closed to prevent the virus’s spread. Following these closures, students’ performance on standardized exams worsened. Using a two-way fixed effect model with district and year fixed effects, I examine if the use of non-traditional schooling modes (i.e. hybrid and virtual) during the pandemic is associated with lower ELA and Math proficiency rates in Connecticut public schools. I find that Connecticut public school districts’ Math and ELA pass rates on the annual Smarter Balanced exam significantly decreased as they used higher levels of virtual and hybrid education. The magnitude of this decrease was …


Bank Stocks And Roosevelt’S Bank Holiday, Marc Weidenmier, Angela Vossmeyer, Nathan Stella, Oncel Aldanmaz Aug 2025

Bank Stocks And Roosevelt’S Bank Holiday, Marc Weidenmier, Angela Vossmeyer, Nathan Stella, Oncel Aldanmaz

Business Faculty Articles and Research

Roosevelt’s Bank Holiday in March 1933 aimed to halt bank runs and implement licensing for banks. Using a new hand-collected daily database, we examine how bank stocks and bond markets responded to this sweeping regulation. We find that New York City banks saw significant negative abnormal returns, while Chicago banks experienced positive returns, highlighting regional differences in perceptions of the policy. Corporate bond yields fell by 1.4 percentage points, lowering interest rates. Our findings show how markets reacted differently across regions and asset classes to this critical intervention.


Falling Short In The Digital Age: Evaluating The Performance Of Data Center Etfs, Davinder K. Malhotra, Ivar Kirkhorn, Frank Ragone Aug 2025

Falling Short In The Digital Age: Evaluating The Performance Of Data Center Etfs, Davinder K. Malhotra, Ivar Kirkhorn, Frank Ragone

School of Business Faculty Papers

This study evaluates the performance of U.S. data center Exchange-Traded Funds (ETFs) relative to major equity and technology benchmarks, using monthly returns from January 2000 through December 2024, with particular emphasis on the COVID-19 period and the subsequent post-vaccine era. Data center ETFs have not provided better risk-adjusted returns even though they are often advertised as access points to the digital economy. Digital infrastructure demand increased through the pandemic but did not improve the performance of these funds which stayed weak across both traditional and conditional multi-factor asset pricing models. These ETFs struggle with asset selection and market timing proficiency, …


Cross Section Curve Autoregression: The Unit Root Case, Peter C.B. Phillips, Liang Jiang Aug 2025

Cross Section Curve Autoregression: The Unit Root Case, Peter C.B. Phillips, Liang Jiang

Cowles Foundation Discussion Papers

This paper is part of a joint study of parametric autoregression with cross section curve time series, focussing on unit root (UR) nonstationary curve data autoregression. The Hilbert space setting extends scalar UR and local UR models to accommodate high dimensional cross section dependent data under very general conditions. New limit theory is introduced that involves two parameter Gaussian processes that generalize the standard UR and local UR asymptotics. Bias expansions provide extensions of the well-known results in scalar autoregression and fixed effect dynamic panels to functional dynamic regressions. Semiparametric and ADF-type UR tests are developed with corresponding limit theory …


Selective Turnout, Voting Policy, And Partisan Bias: Evidence From Multi-Level Data, Steven T. Berry, Christian Cox, Philip A. Haile Aug 2025

Selective Turnout, Voting Policy, And Partisan Bias: Evidence From Multi-Level Data, Steven T. Berry, Christian Cox, Philip A. Haile

Cowles Foundation Discussion Papers

We study voting in general elections for the U.S. House of Representatives. Our data set includes demographics and turnout of all registered voters for the years 2016–2020, as well as vote shares at the precinct and contest level. We estimate a Downsian voting model incorporating rich observed and unobserved heterogeneity at the voter and contest level. We find that voters with high perceived voting costs tend to favor Democrats, as do marginal voters in most districts. Variation in state voting policies accounts for a modest share of overall estimated voting costs but is sufficient to determine the majority party in …


Snap Benefits In A Recession: Mountain West State Projections, Olivia K. Cheche, Caitlin J. Saladino, William E. Brown Jr. Aug 2025

Snap Benefits In A Recession: Mountain West State Projections, Olivia K. Cheche, Caitlin J. Saladino, William E. Brown Jr.

Health

This fact sheet presents data on simulated recession impacts to the Supplemental Nutrition Assistance Program (SNAP) in the Mountain West. The Urban Institute’s “How Would a State Cost Share Affect SNAP in a Recession?” report provides recession projections based on the current SNAP policy – which allows SNAP to automatically expand in the event of a recession – as well as a 10% cost share scenario, for all 50 U.S. states and the District of Columbia. This fact sheet focuses on recession projections for the five Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah.


Births In The Mountain West, 2023, Lara Karaalp, Yashesvi Sharma, Caitlin J. Saladino, William E. Brown Jr. Aug 2025

Births In The Mountain West, 2023, Lara Karaalp, Yashesvi Sharma, Caitlin J. Saladino, William E. Brown Jr.

Demography

This fact sheet details data from a National Vital Statistics report on the number of births within the Mountain West in 2023. This report, offered through the U.S. Centers for Disease Control and Prevention (CDC), includes data on the race/ethnic demographics of mothers of American Indian and Alaska Native, Asian, Black, Native Hawaiian and Pacific Islander, white, and Hispanic descent. This fact sheet explores birth data for the Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah, by the mother’s place of residence.


At The Putting Green: The Economic Impact Of The Augusta National, William Lee Chomskis Aug 2025

At The Putting Green: The Economic Impact Of The Augusta National, William Lee Chomskis

Doctoral Dissertations and Projects

This dissertation investigates the multifaceted economic impact of the Augusta National Golf Club on the city of Augusta, Georgia. Through a comprehensive historical, biographical, and economic analysis, the study explores how a single sporting institution has transformed a mid-sized Southern city into a globally recognized epicenter of elite sport and cultural capital. Drawing on archival research, interviews with local stakeholders, and economic data, the dissertation traces Augusta’s evolution from a strategic Confederate industrial hub to a modern city whose identity and economy are inextricably linked to the Augusta National and its flagship event, the Masters Tournament.

The research is structured …


Tax Cuts And Jobs Act: A Study On Behavioral Economic Theory, Tax Incentives, And Christian Influence, Tyler James De Haan Aug 2025

Tax Cuts And Jobs Act: A Study On Behavioral Economic Theory, Tax Incentives, And Christian Influence, Tyler James De Haan

Doctoral Dissertations and Projects

The Tax Cut and Jobs Act was tax legislation in the United States that affected the charitable giving tax deduction. The problem is that neoclassical economics assumes that a decrease in charitable tax deductions will decrease charitable behavior. The purpose of the study is to understand how Christian influence impacts charitable behavior after a decrease in the charitable tax deduction. The study’s methodology will be mixed methods. The study’s design will be an explanatory sequential cross-unit case study. The study sample consists of Christian and public university alumni associations. The data will be collected in two ways. First, data will …


Management Behavior Required For Creating Social Value In The Uae, André De Waal, Meerna Mroueh Aug 2025

Management Behavior Required For Creating Social Value In The Uae, André De Waal, Meerna Mroueh

Arab Economic and Business Journal

This study explores how specific managerial behaviors support social value creation in UAE-based Takaful organizations. Using the High-Performance Organization (HPO) framework - particularly the Management Quality factor - it analyzes data from 230 questionnaires and 59 interviews. Findings show strengths in trust and relationship-building, but weaknesses in decision-making, leadership effectiveness, and performance management. Compared to national and global HPO benchmarks, the case organizations scored lower, indicating cultural and organizational barriers. The study offers industry-specific recommendations and presents a practical approach for measuring the alignment between managerial behaviors and ESG, CSR, and EDI goals in Islamic financial institutions.


Three Essays In International Trade And Macroeconomics, Jun Nie Aug 2025

Three Essays In International Trade And Macroeconomics, Jun Nie

Economics Theses and Dissertations

This dissertation examines the impact of international trade and trade policy on key economic outcomes, including income and productivity. The first chapter investigates the role of trade-induced technology diffusion in shaping global income inequality. When bilateral trade facilitates technology transfer, such diffusion can account for up to 85% of the income gap across countries. The second chapter focuses on the determinants of international trade in services. It highlights a significant link between service and manufacturing trade, conditional on the presence of foreign direct investment (FDI) relationships between trading partners. The third chapter evaluates the 2020 U.S. presidential election, aiming to …


Essays In Applied Microeconomics, William Cunningham Aug 2025

Essays In Applied Microeconomics, William Cunningham

Economics Theses and Dissertations

This dissertation contributes to three interconnected areas of economic research: microeconomics, behavioral economics, and urban economics. Each chapter examines how individual decision-making processes may produce more pronounced economic patterns, while highlighting the role of psychological factors and spatial considerations in shaping outcomes. Chapter 1 studies the causes and dynamics of segregation in US neighborhoods. A conditional instrumental variables estimator allows for unbiased estimation of preferences for past neighborhood minority shares by addressing endogeneity concerns present in my theoretical model. I use estimated preference parameters to simulate neighborhood population dynamics for Texas. I regress measures of racial animus and xenophobia on …


Proceedings Of The 19th Facet Theory Conference, Samuel Shye Aug 2025

Proceedings Of The 19th Facet Theory Conference, Samuel Shye

International Facet Theory Conference

No abstract provided.


The Social Dimensions Of Aquaculture: Food Sovereignty And Indigenous Rights In Ketchikan, Alaska, Morgan J. Davis Aug 2025

The Social Dimensions Of Aquaculture: Food Sovereignty And Indigenous Rights In Ketchikan, Alaska, Morgan J. Davis

Capstone Collection

This research project asks how the growing commercial aquaculture industry in Ketchikan, Alaska, functions to alleviate or exacerbate local food insecurity; reinforce or undermine food sovereignty among Indigenous communities, and enhance or restrict community participation in the control of marine resources. Global initiatives have responded to food insecurity through agricultural inputs and technology to create higher yields; however, conventional agricultural production has contributed to and is increasingly vulnerable to climate change. To address higher demands for food, government agencies and development experts have looked towards Blue Growth and aquaculture as a solution for food insecurity and environmental concerns. While aquaculture …


Tracking Impact: Leveraging Pre-Existing Monitoring Tools For Assessing Indonesia’S Free Nutritious Meal (Makan Bergizi Gratis) Programme, Putu Geniki Lavinia Natih Aug 2025

Tracking Impact: Leveraging Pre-Existing Monitoring Tools For Assessing Indonesia’S Free Nutritious Meal (Makan Bergizi Gratis) Programme, Putu Geniki Lavinia Natih

Economics and Finance in Indonesia

Indonesia’s Makan Bergizi Gratis (MBG) programme is among the largest school feeding initiatives globally, yet its rapid scale-up has outpaced the development of a robust monitoring, evaluation, and learning (MEL) framework capable of assessing welfare-relevant outcomes. This paper examines whether pre-existing national survey instruments can be leveraged to strengthen outcome monitoring in the absence of MBG-specific microdata. Focusing on the Food Insecurity Experience Scale (FIES) collected through Indonesia’s National Socio-Economic Survey (Susenas), the study first situates experiential food insecurity within Indonesia’s broader food security landscape. It then applies a propensity score matching framework using participation in the Bantuan Pangan Non-Tunai …


The “Sweetest Sounding” Words Of Civil Rights: A Labor Origin Story Of The “Right To Work”, Thomas A. Castillo Aug 2025

The “Sweetest Sounding” Words Of Civil Rights: A Labor Origin Story Of The “Right To Work”, Thomas A. Castillo

History

This essay revisits the idea of “right to work” by offering historical context of Florida’s passage of its 1944 right to work constitutional amendment. A brief overview of the history of the term right to work and its contested nature indicates how the phrase likely led to confusion especially in the arena of political economy. A close evaluation of the amendment and its incongruent nature reveals the intent of its proponents was to deceive voters with the “sweetest sounding” words of civil rights while weakening their ability to organize labor unions. The history of safeguarding the free market entailed disciplining …


Bankruptcy, Ownership Turnover And The Fate Of U.S. Coal Mines, Sara Guffey, Shuichiro Nishioka Aug 2025

Bankruptcy, Ownership Turnover And The Fate Of U.S. Coal Mines, Sara Guffey, Shuichiro Nishioka

Economics Faculty Working Papers Series

This paper examines the survival dynamics of U.S. coal mines following ownership turnover, with particular attention to the role of financial distress and bankruptcy procedures. Using mine-level data on production, employment, and ownership from the Mine Safety and Health Administration, we show that mines transferred through private workouts are substantially more likely to close within a few years. In contrast, court-supervised transfers reduce the likelihood of rapid shutdown relative to private transactions, but their survival rates remain indistinguishable from mines without ownership turnover. These results speak to the efficiency of bankruptcy institutions: private transactions, in line with White’s (1994) model, …


Intergenerational Transmission Of Health: Evidence From Indonesia, Fatima Khan Aug 2025

Intergenerational Transmission Of Health: Evidence From Indonesia, Fatima Khan

Theses and Dissertations

This study estimates the causal transmission of health from mothers to their children. Intergenerational associations in health and other human capital outcomes are well established, but those associations may not be causal due to common unobserved factors between a mother and her child. This study employs two-stage least squares, using weather variation as an instrument, to causally identify the relationship between maternal health and child health outcomes in five dimensions: height-for-age, self-reported health, blood pressure, lung capacity, and hemoglobin levels. The data are from the Indonesian Family Life Survey (1993--2014), a longitudinal survey that provides a 21-year look into the …