Economics Commons^™

The Effects Of The Russian Invasion Of Ukraine On Exports To Italy, Stephen Johnson, Ryder Hankins, Nathan Carter

Undergraduate Research Symposium Posters

Italy imported 122,000 tons of soft wheat from Ukraine and 72,000 from Russia. During the current events international food and feed prices have increased by 8 to 22% causing mass shortages around the world. On top of the ethical and moral dilemmas of continuing business with Russia, insurance premiums have jumped 400% for doing business with the invading country.

The Political Pandemic: The Relationship Between Political Leanings, Covid-19, And The Economy In 2020, Garrett Clark

Honors College Theses

The effect of political leanings on the pandemic outcomes, both in terms of the COVID-19 cases and death totals and the extent that the pandemic affected the economy, is the analysis of interest. The literature indicates a relationship between political leanings and the COVID-19 response. Data is gathered from a variety of sources, and a series of regressions are performed to analyze several control variables and determine their significance. The results indicate a relationship between political leanings and COVID-19 outcomes. However, results regarding the effects of politics on the economy are less clear. Possible explanations are provided for the results.

Making Better Farm Management Decisions, Matthew Stockton

Cornhusker Economics

Traditionally, producer education efforts around farm management are directed at understanding the academic topics of business operations and management including, accounting, law, human resources, marketing, production, risk, finance, etc. The information, techniques and tools taught are often concrete and focus on measurement, analysis, and data. For instance, a traditional grain marketing education program would generally include topics in forward contracts, options, futures, hedge to arrive, basis contracts, storage, and seasonality. While these programs can be quite powerful in developing quantitative skills and knowledge, they neglect a key element needed by all farm managers to make objectively clear decisions. This key …

Financial Literacy As It Relates To Food Insecurity, Allister C. Dias

Undergraduate Research Symposium Podium Presentations

In reference to individual-level financial literacy: 1. What role does financial literacy play in determining food security? 2. What affect does race/ethnicity play in the likelihood of being food insecure? How does the effect of financial literacy vary across the dimension of race/ethnicity?

The Effect Of Covid-19 On The Low-Wage Workforce Nationwide, Katie Gilbertson

Undergraduate Research Symposium Podium Presentations

Key Takeaways: 1. Each low-wage occupation pays less than the mean hourly wage in their respective MSA. 2. Least amount of wage variance among MSAs in 2019. 3. In Las Vegas 2/3 of occupational wages increased, but employment dropped in 14/15 occupations. Leisure and hospitality occupations hardest hit and slowest to recover.

U.S./Russia Export Relationship, Adam Nishino, Mohammad Saad Bin Shahzad, Yonathan Assefa, Trel Lakindanum

Undergraduate Research Symposium Posters

Russia and the United States have a long history of trading as early as 1913. Over the years, Russia has become a notable player in US imports. By using the United States Census database and the Office of the United States Trade Representative database. In short, our research will discuss the trade relationship between Russia and the United States over the last century, through history and data analytics, and its effects on trade and politics to the rest of the world.

Exporting U.S. Cosmetics To China's Lower-Tier Cities, Kaitlynn Quach, Audrey Stephanie

Undergraduate Research Symposium Posters

What is the cosmetics market like in China's lower-tier cities for U.S. brands? In order to create market entry strategies, China has city-tier classifications that are commonly used in business. Classifications are based on GDP, political administration, and population. In 2020, Chinese consumers spent more than ¥340.0 Billion RMB ($53.46 Billion) on cosmetic products. This number increases from year to year and is especially affected by globalization. The United States is one of the top exporters of cosmetics brands.

Although popular, United States cosmetics brands face strong competition in China's first-tier cities. First-tier cities are considered the largest and wealthiest …

How Does The Crowd Affect Home Field Advantage? Evidence From Covid Affected Seasons In The Top 5 European Soccer Leagues., Alexander Hopkins

Economics Honors Projects

It is well documented that home field advantage is a significant determinant of team success. The specific mechanism of this advantage is difficult to identify. Is it players’ superior knowledge of the home field, the convenience of not having to travel, or the cheering fans of the home crowd? Prior to the COVID-19 pandemic, there was no direct way to isolate the crowd's effects on home field advantage. Due to the pandemic, the top five European soccer leagues barred fans from their stadiums. The pandemic created a quasi-natural experiment to study a crowd's effects on the match outcome and refereeing. …

Streaming's Effect On American Media Exports, Aviel Geronimo, Jonathan Swanberg

Undergraduate Research Symposium Lightning Talks

The Media and Entertainment (M&E) industry is largest in the United States with a total value of $660 Billion in 2020. The global M&E industry is valued at approximately $2 Trillion. New technologies have allowed for the advent of streaming services for music, television, film, books, video games, and more. Streaming services allow media exports to be easily accessed by consumers domestically and abroad.

How Social Media Marketing Impacts The Economy, Madisen Yoder

Undergraduate Research Symposium Lightning Talks

Survey Question Topics: 1. Respondent Demographics 2. Social Media Platform Usage 3. Frequency of Social Media Advertising 4. Influence of Social Media Advertising on Purchasing Decisions

Gendered Labor Market Outcomes During Covid-19: Evidence From Early Withdrawal Of Federal Pandemic Unemployment Compensation, Nicholas Di

Economics Honors Projects

Despite their importance in the social safety net, Unemployment Insurance (UI) benefits are expected to increase unemployment duration. I find that males, on average, face a greater drop in unemployment than females when (UI) is no longer offered in their respective state. Male’s unemployment rate dropped more by a magnitude of 0.7 percent compared to female’s which consists of about 11.5 percent of male unemployment during UI. Females who were married, were in lower family income brackets, or had children saw smaller changes in unemployment when UI programs were exhausted.

The Prisoner Plateau: How Prisons Affect Rural Economies, Andi Ellis

[Archive] Belmont University Research Symposium (BURS)

For the last several decades, rural communities in the United States have struggled to keep their economies afloat. In an effort to revitalize such economies, local leaders have bid on being the host communities for prisons– both federal and private. Do these prison facilities actually affect rural economies? Equally, how do these prison hosting communities differ from neighboring counties that do not have prisons? By examining various rural prison counties from across the country, as well as their non-prison county counterparts, I argue that, despite an undeniable uptick in jobs, the quality of life in these communities is often unchanged, …

Case Studies On Architecture And Economics Of Public Housing, John Kent

Honors Projects

Public is an historical and contemporary issue faced by many cities. Many new developments often include plans for some form of public or affordable housing. The purpose of this paper is to explore a few case studies in public housing through the lens of community development, architectural and urban design, and economic investment. The selected projects included: Pruitt-Igoe in St. Louis, Missouri (1954), Cabrini Green in Chicago, Illinois (1962), Karl Marx Hof in Vienna, Austria (1930), Caoyang New Village in Shanghai, China (1951), and various Soviet housing projects in the former Soviet Union (1922-1991). Historical and contemporary research was used …

Reemployment Services And Eligibility Assessments (Resea) In Maryland—Formative Evaluation, Program Year 2019, Christopher J. O'Leary, Gabrielle Pepin, Ting Zhang, Conrad Helms

Upjohn Institute Technical Reports

Unemployment insurance (UI) exists to provide temporary partial wage replacement during periods of involuntary unemployment while beneficiaries are actively seeking reemployment. The reemployment effort required of UI beneficiaries, which balances the work disincentive of income replacement, ensures that UI is social insurance rather than social welfare.

In 2017, Congress appropriated funding to provide reemployment services and eligibility assessments (RESEA) to UI beneficiaries. The legislation also required that states receiving RESEA conduct annual evaluations to produce causal evidence that reemployment services and eligibility assessments are effective.

In this formative evaluation, we produce the first causal effect estimates of the Maryland RESEA …

Back To The Future… Basically! Rebuilding A Financial Wellness Program In The Age Of Covid, Morgan O'Sullivan

Faculty and Staff Publications & Presentations

How to rebuild a financial literacy program from scratch on a university campus in a post COVID environment.

Indie Illness: An Evaluation Of The Orphan Drug Act, Nicholas Castellanos

Honors Theses

The purpose of this study is to evaluate the Orphan Drug Act of 1983 by subtracting the cost of incentives for drug development from the estimated value created by each drug in the form of quality-adjusted life-year gains. Data regarding costs of incentives is retrieved from the FDA as well as a report released by the National Organization for Rare Disorders. Data regarding value created by each drug is retrieved from a Freedom of Information Act request to the FDA, the CEA registry, and a report released by the US Department of Health and Human Sciences. Sufficient data was available …

The Optimal Cross-Border Network Structure Of Chinese Commercial Banks — An Analysis Based On The New Structural Economics And New Structural Finance Theory, Hongjie Gu

Fordham Dissertations and Theses

With the unprecedented global economic integration, the internationalization of commercial banks (CBs) in a country or region can be closely related to the stability and prosperity of the world economy. The internationalization of Chinese CBs has turned out a non-negligible trend, particularly the big four state-owned CBs. The acceleration of “going global” has enabled Chinese CBs to exert an increasing influence on the world economy. This dissertation applies New Structural Economics theory (NSE) through the “one analysis and three inductions” methodology to analyze the evolution of the cross-border network structure adopted by CBs in the internationalization process. In this dissertation, …

Disparities Within The Housing Market: Determinants Of Homeownership With An Emphasis On Sex And Race, Olivia Lemire

Honors Projects in Economics

A home is one of the wealthiest assets an individuals can hold and serves as a major indicator of economic wellbeing. The decision for someone to rent or buy a home is based upon many factors. Similar, to Hood (1999), this paper analyzes the relationship between determinants of homeownership and the probability that an individual owns their home using regression and probability models. The focus of this paper is the relationship between sex and race on homeownership. Results suggest that White males have the highest rate of homeownership, while Black females have the lowest rate of homeownership even after all …

Investing In Democratic Countries: An Investigation Of Democracy And Fdi, Maxwell Lajeunesse

Honors Projects in Economics

In this paper, the relationship between Foreign Direct Investment (FDI) inflows and democracy levels of upper-middle income nations using three different measures of democracy is investigated. An empirical analysis across the years 2010 through 2018 was conducted, using the democracy indicators and data from the United States Agency for International AID (USAID). These democracy indicators are the EIU Democracy Index, Polity5, and IDEA Global State of Democracy Indices. The importance of this research revolves around the benefits of FDI inflows and how countries may capitalize on these benefits. Additionally, FDI has increased rapidly in the past 20 years and democracy …

The Impact Of Female Leadership On Lgbtq-Supportive Policies, Samantha Bove

Honors Projects in Finance

In the past two decades, gender inequality in c-suites has received a large amount of attention. Thus, the number of women in top management roles has increased substantially. However, the corporate sector has also neglected other marginalized groups, specifically, members of the LGBTQ community. These individuals are important employees and previous literature has established the benefits, both financial and otherwise, that the presence of LGBTQ supportive policies have on American corporations. In this paper, I examine if the presence of women CEOs influences the LGBTQ policies that are implemented in that firm. This will be analyzed using an OLS regression …

The Foreign-Born And The American Dream: An Analysis Of Trends In And Determinants Of Immigrant Homeownership, Jared Schneider

Honors Projects

For many Americans, owning a home is an important step in their life journey and constitutes a meaningful component of a person’s achievement of the “American Dream.” This paper analyzes the extent and possibility of homeownership for foreign-born residents of the United States. This paper utilizes Integrated Public Microdata Series (IPUMS) American Community Survey (ACS) data to analyze trends in immigrant homeownership and evaluate the factors that influence homeownership rates among immigrants. To get a view as to what changes have been occurring over time, this paper looks at data from two separate years: 2006 and 2019. I find a …

The Political Economy Of Border Wall Construction, Molly Rovinski

Undergraduate Theses

During the 2016 presidential election, the construction of a border wall along the United States – Mexico border came to the forefront of the political sphere in America. Since then, state governments along the border have continued the call for increased border security through increased fencing. However, the ideation of a border wall was not a new one for American border security, with most of the wall having been constructed following the Secure Fence Act of 2006. The purpose of this paper is to explore the political economy of wall construction along the border. The argument is made that the …

Pakistan And The Steam Economy: Part - Ii, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

Global trade in services has grown more than 60 percent faster that of goods trade over the past decade and given its relatively higher rate of growth it is conceivable that services trade may catch up or even surpass global goods trade in the next decade or so. We have to discard the old notion that it is only industrialization and goods exports that would lead us to the path of economic wellbeing and strive hard to promote services trade led by digital technology. Services create almost one-third to one-half of the value that goes into traded manufactured goods in …

A 2020 Census Portrait Of America’S Largest Metro Areas: Population Growth, Diversity, Segregation, And Youth, William Frey

Policy Briefs and Reports

The nation’s major metropolitan areas—those with populations exceeding 1 million, which are home to nearly six in 10 Americans—have been a focal point of the nation’s economic vibrancy, politics, and racial and ethnic diversity. The 2020 census provides an opportunity to see how they fared in the 2010-2020 decade. Unlike the previous decade, major metro areas grew more sharply than their smaller-sized counterparts, and their cities showed growth surges even in a decade when the nation’s population registered historically low growth. Moreover, the increased racial and ethnic diversity that characterized the nation is especially concentrated in major metro areas and, …

American Rescue Plan Act (Arpa): City And County Budget Allocations In The Mountain West, Katie M. Gilbertson, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet details how city and county governments within the Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah allocated funds from the State and Local Fiscal Recovery Fund (SLFRF) portion of the American Rescue Plan Act (ARPA). Brookings Metro in partnership with the National League of Cities and the National Association of Counties created the “Local Government ARPA Investment Tracker” to display how communities across the country allocate this financial resource. This interactive site allows budget information from cities and counties to be added as such decisions are made.

Eco 330: Sports Economics Oer Curation, Chealsye Bowley

Curated OER Collections

This OER curation is an annotated bibliography of prospective OER for the GVSU course ECO 330: Sports Economics, assembled by request from the instructor.

Nebraska Monthly Economic Indicators: April 20, 2022, Eric Thompson

Leading Economic Indicator Reports

The LEI-N rose by 0.89% during March 2022. The increase in the leading indicator, which is designed to predict economic activity six months in the future, signals continued economic growth in Nebraska through the 3rd quarter of 2022. The indicator improved for two primary reasons. First, initial claims for unemployment insurance fell during March suggesting continued strength in the Nebraska labor market. Second, respondents to the March Survey of Nebraska Business reported plans to increase sales and employment. By contrast, building permits for single-family homes fell during the month. There also was an increase in the value of the U.S. …

Mountain West Personal Income Growth, 2021, Kristian Thymianos, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet highlights personal income growth in the Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah. The data are retrieved from The Pew Charitable Trusts (Pew) report, “Fiscal 50: State Trends and Analysis.” The compound annual growth rate in state personal income through the second quarter of 2021 and the year-to-year change in state personal income are presented. These values are adjusted for inflation.

Eco 211: Introductory Microeconomics Oer Curation, Chealsye Bowley

Curated OER Collections

This OER curation is an annotated bibliography of prospective OER for the GVSU course ECO 211: Introductory Microeconomics.

Transforming The “Great Resignation” Into The “Great Attraction”, Cheryl A. Burkhart-Kriesel

Cornhusker Economics

Businesses of all types are scrambling to hire people, especially those that work on the frontline with customers - from healthcare to hospitality to retail and everything in between. This is resulting in an incredibly tight labor market across the nation. Some are calling this time “The Great Resignation” which refers to the more than 19 million workers - and counting - that have quit their jobs since April 2021. Logic would say that if people are resigning in record numbers that there should be a lot of employees out there to hire, but that is not the case. It …