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Full-Text Articles in Economics

Research On Shanghai Export Container Freight Index Fluctuation Based On Arma-Garch-X Model, Weihang Xu Aug 2021

Research On Shanghai Export Container Freight Index Fluctuation Based On Arma-Garch-X Model, Weihang Xu

World Maritime University Dissertations

No abstract provided.


The Management System Of Novcc In China And Its Improvement, Zixuan Zhang Aug 2021

The Management System Of Novcc In China And Its Improvement, Zixuan Zhang

World Maritime University Dissertations

No abstract provided.


A Model Of Occupational Licensing And Statistical Discrimination, Peter Q. Blair, Bobby W. Chung Aug 2021

A Model Of Occupational Licensing And Statistical Discrimination, Peter Q. Blair, Bobby W. Chung

Upjohn Institute Working Papers

We develop a model of statistical discrimination in occupational licensing. In the model, there is endogenous occupation selection and wage determination that depends on how costly it is to obtain the license and the productivity of the human capital that is bundled with the license. Under these assumptions, we find a unique equilibrium with sharp comparative statics for the licensing premiums. The key theoretical result in this paper is that the licensing premium is higher for workers who are members of demographic groups that face a higher cost of licensing. The intuition for this result is that the higher cost …


Anything For A Cheerio: Brown Capuchins (Sapajus [Cebus] Apella) Consistently Coordinate In An Assurance Game For Unequal Payoffs, Lauren M. Robinson, Mayte Martínez, Kelly L. Leverett, Mattea S. Rossettie, Bart J. Wilson, Sarah F. Brosnan Aug 2021

Anything For A Cheerio: Brown Capuchins (Sapajus [Cebus] Apella) Consistently Coordinate In An Assurance Game For Unequal Payoffs, Lauren M. Robinson, Mayte Martínez, Kelly L. Leverett, Mattea S. Rossettie, Bart J. Wilson, Sarah F. Brosnan

ESI Publications

Unequal outcomes disrupt cooperation in some situations, but this has not been tested in the context of coordination in economic games. To explore this, we tested brown capuchins (Sapajus [Cebus] apella) on a manual version of the Stag Hunt (or Assurance) Game, in which individuals sequentially chose between two options, Stag or Hare, and were rewarded according to their choices and that of their partner. Typically, coordination on Stag results in an equal highest payout, whereas coordinating on Hare results in a guaranteed equal but lower payoff and uncoordinated play results in the lowest payoff when playing …


Research On Responses Of Container Ports To Global Pandemic, Yirui Qiao Aug 2021

Research On Responses Of Container Ports To Global Pandemic, Yirui Qiao

World Maritime University Dissertations

No abstract provided.


Uncertainty And Reputation Effects In Credence Goods Markets, Eric Schniter, J. Dustin Tracy, Vojtěch Zíka Aug 2021

Uncertainty And Reputation Effects In Credence Goods Markets, Eric Schniter, J. Dustin Tracy, Vojtěch Zíka

ESI Working Papers

Credence-goods experiments have focused on stylized settings in which experts can perfectly identify the buyer’s best option and that option works without fail. However, in nature, credence goods involve uncertainties that complicate assessing the quality of service and advice. We introduce two sources of uncertainty. The first is diagnostic uncertainty; experts receive a noisy signal of buyer type so might make an ‘honest’ mistake when advising what is in buyers’ best interests. The second is service uncertainty; the services available to the buyers do not always work. Both sources of uncertainty make detection of expert dishonesty more difficult, so are …


Nebraska Monthly Economic Indicators: August 25, 2021, Eric Thompson Aug 2021

Nebraska Monthly Economic Indicators: August 25, 2021, Eric Thompson

Leading Economic Indicator Reports

The LEI-N fell by 0.17% during July 2021, the first decline in ten months. The decline in the leading indicator, which is designed to predict economic activity six months in the future, suggests that economic growth will slow in Nebraska during the first months of 2022. Four components of the leading indicator worsened during July. Building permits for single-family homes declined while there was a small drop in manufacturing hours-worked. Initial claims for unemployment insurance and the value of the U.S. dollar also rose during July. A rising U.S. dollar is challenging for Nebraska businesses, which compete in international markets. …


The Battalion Commander Effect, Everett Spain, Gautam Mukunda, Archie Bates Aug 2021

The Battalion Commander Effect, Everett Spain, Gautam Mukunda, Archie Bates

The US Army War College Quarterly: Parameters

Statistical evidence suggests Army battalion commanders are significant determinants of the retention of their lieutenants—especially high-potential lieutenants. Further, this so-called Battalion Commander Effect should be included in brigadier general promotion board assessments and used to inform officer professional military education curricula.


Reversing The Readiness Assumption: A Proposal For Fiscal And Military Effectiveness, Jason W. Warren, John A. Bonin Aug 2021

Reversing The Readiness Assumption: A Proposal For Fiscal And Military Effectiveness, Jason W. Warren, John A. Bonin

The US Army War College Quarterly: Parameters

Looming budget cuts will necessitate adept management to retain a military capable of competing and winning by avoiding the mistakes made in prior drawdowns. This article presents a framework for government and defense leaders to prepare for the coming drawdown and plan for the necessary capacity of tomorrow across the diplomatic, information, military, and economic framework.


Hope Versus Reality: The Efficacy Of Using Us Military Aid To Improve Human Rights In Egypt, Gregory L. Aftandilian Aug 2021

Hope Versus Reality: The Efficacy Of Using Us Military Aid To Improve Human Rights In Egypt, Gregory L. Aftandilian

The US Army War College Quarterly: Parameters

Using US military aid as a lever to achieve human rights reforms has proven only marginally effective. This article examines the approaches employed by the Obama and Trump administrations to US military aid to Egypt and proposes practical steps that can be taken by policymakers and the military personnel on the ground to advance US human rights values.


The Evolution Of Hybrid Warfare: Implications For Strategy And The Military Profession, Ilmari Käihkö Aug 2021

The Evolution Of Hybrid Warfare: Implications For Strategy And The Military Profession, Ilmari Käihkö

The US Army War College Quarterly: Parameters

The concept of hybrid war has evolved from operational-level use of military means and methods in war toward strategic-level use of nonmilitary means in a gray zone below the threshold of war. This article considers this evolution and its implications for strategy and the military profession by contrasting past and current use of the hybrid war concept and raising critical questions for policy and military practitioners.


Book Reviews, Usawc Press Aug 2021

Book Reviews, Usawc Press

The US Army War College Quarterly: Parameters

No abstract provided.


Great (Soft) Power Competition: Us And Chinese Efforts In Global Health Engagement, Michael W. Wissemann Aug 2021

Great (Soft) Power Competition: Us And Chinese Efforts In Global Health Engagement, Michael W. Wissemann

The US Army War College Quarterly: Parameters

Global health engagement, an underutilized strategy rooted in the strengths of soft power persuasion, can lead to more military-to-military cooperation training, help establish relationships that can be relied on when crises develop, stabilize fragile states, and deny violent extremist organizations space for recruiting and operations. Examining Chinese efforts worldwide to curry favor and influence and the challenges posed by the COVID-19 pandemic, this article shows health as a medium is a very compelling and advantageous whole-of-government approach to national security policy concerns.


Samuel Huntington, Professionalism, And Self-Policing In The Us Army Officer Corps, Brian Mcallister Linn Aug 2021

Samuel Huntington, Professionalism, And Self-Policing In The Us Army Officer Corps, Brian Mcallister Linn

The US Army War College Quarterly: Parameters

Drawing on Samuel P. Huntington’s three phases of self-regulation used to determine if an occupation qualifies as a profession, this article focuses on the third phase of policing and removing those who fail to uphold the standards set forth in the first two phases. It reviews how the US Army implemented this phase following the Civil War through the post–Vietnam War years and the implications for the officer corps.


Cellphilming And Building Solidarity With Queer Youth To Speak Back To Historical Erasures In New Brunswick Social Studies Classrooms, Casey Burkholder Aug 2021

Cellphilming And Building Solidarity With Queer Youth To Speak Back To Historical Erasures In New Brunswick Social Studies Classrooms, Casey Burkholder

The Councilor: A National Journal of the Social Studies

New Brunswick, Canada’s K-12 Social Studies curricula erases the myriad histories and experiences of the province’s LGBTQ+ communities. Building on these erasures, this study analyzes how six queer, trans, and non-binary young people (aged 14-17) created cellphilms (cellphone + mobile film production) in response to these absences. In the study, I ask: How might engaging in media and art production with young people—and screening and exhibiting these productions in online and community spaces—work to counter dominant forms of apathy and denial, and support youth to claim a stake in creating solidarities, belonging, and community-making? What is required for youth-produced media …


Teacher/Indigenous Partnerships: Building Engagement And Trust For History And Social Science Education, Evan J. Habkirk Dr. Aug 2021

Teacher/Indigenous Partnerships: Building Engagement And Trust For History And Social Science Education, Evan J. Habkirk Dr.

The Councilor: A National Journal of the Social Studies

No abstract provided.


From The Margins Of Learning And Teaching: Changing The Way, Mary Lindsay Aug 2021

From The Margins Of Learning And Teaching: Changing The Way, Mary Lindsay

The Councilor: A National Journal of the Social Studies

No abstract provided.


Engaging Students Using Local History And Perspectives, Meghan E. Cameron Ms, Evan J. Habkirk Dr. Aug 2021

Engaging Students Using Local History And Perspectives, Meghan E. Cameron Ms, Evan J. Habkirk Dr.

The Councilor: A National Journal of the Social Studies

Teaching Reflection for special issue journal co-edited by Samantha Cutara


Introduction To Special Issue, Samantha Cutrara Aug 2021

Introduction To Special Issue, Samantha Cutrara

The Councilor: A National Journal of the Social Studies

No abstract provided.


Becoming Their Authentic Selves: The Shift In Corporate Esg Reporting, Lauren Reuss, Jenna Haugen Aug 2021

Becoming Their Authentic Selves: The Shift In Corporate Esg Reporting, Lauren Reuss, Jenna Haugen

Undergraduate Research Events

Corporate social responsibility (CSR) is the “context-specific organizational actions and policies that take into account stakeholders’ expectations and the triple bottom line of economic, social, and environmental performance” (Aguinis & Glavas, 2012). Businesses using the CSR model engage in or work towards bettering society in three spaces: the environment, social welfare, and governance (ESG's). We want to see how this model is communicated among stakeholders, and if this social mission is fully integrated into the practices and workspaces of YUM! Brands.


Impact Of The Change In Payments On The Actual And Perceived Behaviors Of Medical Care Providers Authors, Amy Ehinomen Eremionkhale Aug 2021

Impact Of The Change In Payments On The Actual And Perceived Behaviors Of Medical Care Providers Authors, Amy Ehinomen Eremionkhale

Business Analytics Faculty Publications

Prior literature established the link between a person aging out of a parent's insurance coverage at age nineteen and a significant decrease in insurance coverage of those nineteen-year-old young adults. This paper furthers this line of research by establishing a statically significant change in the payment burden of the various sources that comprise the total payment received by the medical care providers treating young adults who have aged out of their parent's insurance. The empirical method used is the regression discontinuity framework. The impact of the change in the providers' payment sources on the providers' behavior (supply-side) and the patients' …


The Conscience Of The Dollar: Are Religious Donors Sensitive To Moral Infractions?, Bradley Yam Aug 2021

The Conscience Of The Dollar: Are Religious Donors Sensitive To Moral Infractions?, Bradley Yam

The Yale Undergraduate Research Journal

Do religious donors give strategically or idealistically? The entanglement between the conservative Republican party and religious groups, particularly evangelical Christianity, on issues of abortion, sexual mores, and family values makes it difficult to analyze this question along voting lines. Regardless of how one votes, citizens and organizations can still punish their political leaders for moral infractions by voting with their wallets. This study aims to discern if there is a relationship between political scandals and religious donations.


Shadow Banks, Money Market Funds, And Regulation: How Much Is Too Much?, Ainsley Weber Aug 2021

Shadow Banks, Money Market Funds, And Regulation: How Much Is Too Much?, Ainsley Weber

The Yale Undergraduate Research Journal

This paper examines the development of the shadow banking sector in the US leading up to the global financial crisis of 2007-2008. Shadow banking, or nonbank financial intermediation, consists of credit intermediation that takes place outside of the traditional banking sector. This can include off-balance sheet operations at banks and finance holding companies as well as operations at other nonbank financial companies. The paper reviews how shadow banking emerged as a result of regulatory arbitrage and the search for higher returns before considering how it contributed to the buildup of systemic risk leading up to the crisis. It specifically inspects …


The Run On Repo And Bank Stock Returns, Madison Battaglia Aug 2021

The Run On Repo And Bank Stock Returns, Madison Battaglia

The Yale Undergraduate Research Journal

The run on the sale and repurchase market (“run on repo”) was at the nexus of the Financial Crisis of 2007- 2009. Up until now, the economics literature has not studied the effect of sale and repurchase agreement (“repo”) haircuts on bank stock returns using an empirical economic approach. I utilize private repo haircut data from 2007Q1-2009Q1 supplemented with bank stock returns, total reserve balances, and market rate of returns and risk-free rate of returns data to trace the path of crisis from repurchase agreements into a market that had no connection to housing. In linear model regressions, I find …


The Dark Side Of Variety: An Economic Model Of Choice Overload, Teeger Li Blasheck, Jawwad Noor Aug 2021

The Dark Side Of Variety: An Economic Model Of Choice Overload, Teeger Li Blasheck, Jawwad Noor

The Yale Undergraduate Research Journal

Choice Overload is a phenomenon well studied in psychology. It goes against the classical ³more is better´ dogma and describes the behavior of an agent when presented with too many options, in which instance an agent may either experience a decrease in satisfaction or end up deferring the choice all together. The standard Utility Maximization model of economics, however, largely follows the classical dogma and is unable to accommodate the behaviors of Choice Overload. This paper seeks to offer two possible economic models for Choice Overload based on the two mechanisms put forward by the psychological literature: search cost and …


Measuring Palatability As A Linear Combination Of Nutrient Levels In Food Items, Jeffrey S. Young Aug 2021

Measuring Palatability As A Linear Combination Of Nutrient Levels In Food Items, Jeffrey S. Young

Faculty & Staff Research and Creative Activity

It well known that palatability and nutritional quality of foods and/or diets are viewed as being in tension with one another. While there exist multiple measures of healthiness, there are no such measures for tastiness. This gap limits the degree to which researchers can investigate this tension and its implications for dietary behavior and hence public health and nutrition policy. The scope of future work concerning the dietary behavior of Americans would expand greatly if researchers better understood consumers’ willingness to eat certain foods, which matters as much as recommending those foods for them to eat in the first place. …


Learning Efficiency Of Multi-Agent Information Structures, Mira Frick, Ryota Iijima, Yuhta Ishii Aug 2021

Learning Efficiency Of Multi-Agent Information Structures, Mira Frick, Ryota Iijima, Yuhta Ishii

Cowles Foundation Discussion Papers

We study settings in which, prior to playing an incomplete information game, players observe many draws of private signals about the state from some information structure. Signals are i.i.d. across draws, but may display arbitrary correlation across players. For each information structure, we define a simple learning efficiency index, which only considers the statistical distance between the worst-informed player’s marginal signal distributions in different states. We show, first, that this index characterizes the speed of common learning (Cripps, Ely, Mailath, and Samuelson, 2008): In particular, the speed at which players achieve approximate common knowledge of the state coincides with the …


Learning Efficiency Of Multi-Agent Information Structures, Mira Frick, Ryota Iijima, Yuhta Ishii Aug 2021

Learning Efficiency Of Multi-Agent Information Structures, Mira Frick, Ryota Iijima, Yuhta Ishii

Cowles Foundation Discussion Papers

We study settings in which, prior to playing an incomplete information game, players observe many draws of private signals about the state from some information structure. Signals are i.i.d. across draws, but may display arbitrary correlation across players. For each information structure, we define a simple learning efficiency index, which only considers the statistical distance between the worst-informed player’s marginal signal distributions in different states. We show, first, that this index characterizes the speed of common learning (Cripps, Ely, Mailath, and Samuelson, 2008): In particular, the speed at which players achieve approximate common knowledge of the state coincides with the …


Operating Solar Projects In Nevada, 2021, Kristian Thymianos, Saha Salahi, William E. Brown Jr. Aug 2021

Operating Solar Projects In Nevada, 2021, Kristian Thymianos, Saha Salahi, William E. Brown Jr.

Environment

The U.S. Energy Information Administration (EIA) and the Solar Energy Industries Association (SEIA) both provide national databases that contain comprehensive lists of active solar projects in the United States. This fact sheet provides a list of operating solar projects in the State of Nevada.


Association Between Financial Education, Affective And Cognitive Financial Knowledge, And Financial Behaviors, Lucy M. Delgadillo, Yoon Lee Aug 2021

Association Between Financial Education, Affective And Cognitive Financial Knowledge, And Financial Behaviors, Lucy M. Delgadillo, Yoon Lee

Applied Sciences, Technology and Education Faculty Publications

Using data from the 2018 National Financial Capability Study, this paper examined the relationship between financial education participation and affective and cognitive financial knowledge. Involvement in financial education yielded statistically significant associations between affective and cognitive domains. The results showed that participation in financial education was associated with both cognitive and affective financial knowledge as well as long-term financial behaviors. The findings supported the case for life-long learning of financial education for young adults, Blacks and Hispanics, and women. One important implication was the need to include both the affective and cognitive domains when teaching or researching financial education.