Economics Commons^™

Race Equity In Management Occupations In The Mountain West, Kristian Thymianos, Saha Salahi, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

In a recent report, “From commitments to action: How CEOs can advance racial equity in their regional economies,” Amy Liu and Reniya Dinkins of the Brookings Institution Metropolitan Policy Program highlight racial equity issues in private sector management occupations. The authors use these data to propose strategies to close equity gaps. This fact sheet examines data for the Mountain West metropolitan areas included in the original report.

Information Markets And Nonmarkets, Dirk Bergemann, Marco Ottaviani

Cowles Foundation Discussion Papers

As large amounts of data become available and can be communicated more easily and processed more e¤ectively, information has come to play a central role for economic activity and welfare in our age. This essay overviews contributions to the industrial organization of information markets and nonmarkets, while attempting to maintain a balance between foundational frameworks and more recent developments. We start by reviewing mechanism-design approaches to modeling the trade of information. We then cover ratings, predictions, and recommender systems. We turn to forecasting contests, prediction markets, and other institutions designed for collecting and aggregating information from decentralized participants. Finally, we …

Experimental Persuasion, Ian Ball, José-Antonio Espín-Sánchez

Cowles Foundation Discussion Papers

We introduce experimental persuasion between Sender and Receiver. Sender chooses an experiment to perform from a feasible set of experiments. Receiver observes the realization of this experiment and chooses an action. We characterize optimal persuasion in this baseline regime and in an alternative regime in which Sender can commit to garble the outcome of the experiment. Our model includes Bayesian persuasion as the special case in which every experiment is feasible; however, our analysis does not require concavification. Since we focus on experiments rather than beliefs, we can accommodate general preferences including costly experiments and non-Bayesian inference.

Socioeconomic Status Of Second-Generation Southeast Asians: New Evidence And Analysis, Wayne Carroll

Journal of Southeast Asian American Education and Advancement

Over a million refugees and other immigrants arrived in the United States from Southeast Asia starting in 1975. Forty-five years later, their adult children have completed their education in the U.S. and entered the labor force. This study uses a large microdata sample from the American Community Survey to describe and compare the socioeconomic status of Southeast Asian American adults and native-born white adults. Results are disaggregated by gender, generation (Generation 1.5 and Generation 2), and ethnic group (Hmong, other Laotian, Cambodian, and Vietnamese). Regression analysis – controlling for age, educational attainment, and other factors – shows that native-born white …

Health Service Utilization And Expenditure In Cardio-Metabolic Conditions In The United States Adults, Kavita Mosalpuria

Theses & Dissertations

Metabolic syndrome is multicomponent risk factor for cardiovascular diseases (CVD) and type 2 diabetes that reflects the clustering of at least 3 cardiometabolic risk factors, among hypertension, impaired glucose regulations, hypercholesterolemia, and obesity. CVD are the leading cause of death in the U.S. CVD occur at earlier age and is a major cause of death and disability among people with diabetes. As compared to Japan, 13.3% to 44% of the excess CVD mortality in the U.S. can be explained by the metabolic syndrome. The prevalence of metabolic syndrome was 34.3% in 2007 to 2014 and it increases with age. Metabolic …

Analysis Of The Failure Of Ivorian Startups In Cote D'Ivoire, Kleyban Sanogo

International Programs

After the post-election crisis of 2011, Cote d'Ivoire has experienced increased economic growth. However, this growth does not benefit local businesses, especially startups. Athough the phenomenon is very trendy, the many startups that are created are struggling to succeed. the founders' motivations are not always good, their knowledge and skills need to be reviewed and the environment is not favorable to them.

Economics For Everyday Life: Opportunity Cost And Marginal Benefit, Christian Palencia

International Programs

Economics is a social science that may feel unreal or even useless for many people. Its concepts and definitions can be abstracts, complex and unpragmatic. However, the comprehend of some ideas of this science can be the key for a success decision making process for normal people’s life.

Contrary to popular belief, the economy is not about money, it is focused on studying the problem of shortage. Resources such as time and money are scarce, consequently, understanding the basic of economics is fundamental for everyone not only for economists. The opportunity cost and marginal benefit are an examples of two …

Tracking Greenfield Fdi During The Covid-19 Pandemic: Analysis By Sectors, Nadia Doytch, Nishant Yonzan, Ketan Reddy, Filip De Beule

Ateneo School of Government Publications

We study the trends and fluctuations in greenfield foreign direct investment (GFDI) during the first wave of the COVID-19 pandemic crisis on a global scale. We analyse the data of a data set of GFDI provided by fDi Markets (Financial Times) to understand the contraction of GFDI during the first three quarters of the year 2020, taking into account the sector of the investment and the host and home country. We analyse both the long-run trends and the quarter-over-quarter changes in GFDI to capture its fluctuations before and during the first wave of the COVID-19 crisis and the …

A Moment Of Opportunity: Strategies For Inclusive Economic Growth, Michelle Miller-Adams, Timothy J. Bartik, Brad J. Hershbein

Upjohn Institute Technical Reports

No abstract provided.

Financial Stress In Mountain West Cities And Townships, 2020, Saha Salahi, Kristian Thymianos, Eshaan Vakil, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This factsheet highlights financial stressors facing 16 cities in four Mountain West states: Arizona, Colorado Nevada, and New Mexico. The data included are reported in the 2020 “SmartAsset Study” by Ben Geier.

Corrective Regulation With Imperfect Instruments, Eduardo Dávila, Ansgar Walther

Cowles Foundation Discussion Papers

This paper studies the optimal design of second-best corrective regulation, when some agents or activities cannot be perfectly regulated. We show that policy elasticities and Pigouvian wedges are sufficient statistics to characterize the marginal welfare impact of regulatory policies in a large class of environments. We show that the optimal second-best policy is determined by a subset of policy elasticities: leakage elasticities, and characterize the marginal value of relaxing regulatory constraints. We apply our results to scenarios with unregulated agents/activities and with uniform regulation across agents/activities. We illustrate our results in applications to shadow banking, scale-invariant regulation, asset substitution, and …

Covid-19: Creative Class Job Loss In The Mountain West, Katie M. Gilbertson, Kelliann Beavers, Peter Grema, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet summarizes Mountain West data on creative economy job losses in Arizona, Colorado, Nevada, New Mexico, and Utah, as reported in a recent Brookings report “Lost Art: Measuring COVID-19’s Devastating Impact on America’s Creative Economy.” Richard Florida and Michael Seman discuss the impact of the COVID-19 pandemic on job losses in “creative industries, which are comprised of firms and establishments that produce goods and services relating to music, film, design, advertising, fashion, art, and more.”

How Did Homelessness Change During The Great Recession And Recovery?, Jenny Schuetz, Matthew Ring

Policy Briefs and Reports

Job losses from the COVID-19 pandemic have exacerbated housing insecurity among low-income renters over the past year. Federal, state, and local policymakers have created temporary measures to help reduce displacement among people who have lost their jobs, but there is considerable uncertainty about what will happen when these temporary measures end. To gain insight into how homelessness changes over macroeconomic cycles, we examine changes in homelessness rates from 2007 to 2020. Our analysis focuses on four metro areas that were particularly hard-hit by the foreclosure crisis: Las Vegas, Los Angeles, Phoenix, and Riverside. Overall homelessness rates declined in all metros …

Public Perception Of Uas And Vertiports In The Wastach Front Survey Results, Brent C. Chamberlain, Katelynn Hall, Keunhyun Park

Browse all Datasets

This project aims to further understand the current public perception of UAS and their integration into residential areas for package delivery through the development of vertiports The survey also aims to identify evidence of NIMBY (not in my backyard) in these perceptions. The survey specifically asked participants about demographics, familiarity with UAV, perceptions of UAV, and perceptions of vertiports through 6 different potential vertiport placements in residential of community center focused areas.

Holding Up Green Energy, Nicholas Ryan

Cowles Foundation Discussion Papers

Green energy is produced by relationship-specific assets that are vulnerable to hold-up if contracts are not strictly enforced. I study the role of counterparty risk in the procurement of green energy using data on the universe of solar procurement auctions in India. The Indian context allows clean estimates of how risk affects procurement, because solar power plants set up in the same states, by the same firms, are procured in auctions variously intermediated by either risky states themselves or the central government. I find that: (i) the counterparty risk of an average state increases solar energy prices by 10%; (ii) …

The U.S.-Mexico Border And Housing Prices: Understanding The Impact Of Border Fencing On Property Values, Mary Jane Macarthur

Undergraduate Honors Theses

Building a barrier on the US-Mexico border has been a hot-button issue for a couple of decades. Not only do people disagree on the effectiveness of walls and fences, but there has also been debate on whether they generate positive or negative externalities on localities. Using data on construction of the US-Mexico border fence, as well as housing data for Yuma County, Arizona, I attempt to identify the treatment effect of fence construction on nearby housing prices, which may serve as an indicator of some of the external impacts of walls and fences. Mine is the first study to quantify …

Nonlinear Pricing With Finite Information, Dirk Bergemann, Edmund M. Yeh, Jinkun Zhang

Cowles Foundation Discussion Papers

We analyze nonlinear pricing with finite information. We consider a multi-product environment where each buyer has preferences over a d-dimensional variety of goods. The seller is limited to offering a finite number n of d-dimensional choices. The limited menu reflects a finite communication capacity between the buyer and seller. We identify necessary conditions that the optimal finite menu must satisfy, for either the socially efficient or the revenue-maximizing mechanism. These conditions require that information be bundled, or "quantized," optimally. We introduce vector quantization and establish that the losses due to finite menus converge to zero at a rate …

Financial Market Integration In Latin America, Obed Fernando Izaguirre Lozano

LSU New Orleans Theses and Dissertations

This dissertation is entitled ’Financial Market Integration in Latin America" and consists of two empirical studies. The first chapter is called ’Financial Market Integration between Latin America and the US". This empirical analysis focuses on the comovement between the US and major Latin American countries around free trade agreements. The results show that comovement thus financial integration has increased after the trade agreements for all the countries except for Brazil. The studied sector indices show that countries that have a free trade agreement with the US showed an increase in integration among sectors. The second empirical study is called ’The …

Catalysts And Impediments To Tax Increment Finance In Tulsa’S Historical African American Neighborhood, Bria A. Dixon

LSU New Orleans Theses and Dissertations

This thesis assesses how Tulsa, Oklahoma grew to utilize tax increment financing (TIF) to produce economic activity in Tulsa’s historic downtown area. Specifically, how the creation, history, and maintenance of ONEOK Field, a $60 million, 6,000-seat sports venue in Tulsa’s historically African American neighborhood became the catalyst for Tulsa’s current TIF policy. In examining the fiscal outcomes of ONEOK Field, this thesis finds implications for inequitable investment in and around Tulsa’s Greenwood TIF district

Police Spending And Crime Rates: Evidence From U.S. Cities, 1985 – 2010, Daniel Padrick

Theses and Dissertations

Panel data covering the largest U.S. cities from 1985-2010 is used to reevaluate the endogeneity issue between policing and crime rates. Crime rates are not found to be a strong predictor of police spending, indicating that reverse causality is not as severe an issue as frequently thought. Increases in police spending result in modest decreases in certain index crimes.

Testing The Effects Of Two Field-To-Fork Programs On The Nutritional Outcomes Of Elementary School Students From Diverse And Lower-Income Communities, Kimberly R. Hartson, Kristi M. King, Carol O'Neal, Aishia Brown, Toluwanimi Olajuyigbe, Shakeyrah Elmore, Angelique Perez

Faculty and Staff Scholarship

The purpose of this quasi-experimental study was to evaluate the effects of two farm-to-school programs, specifically the Field-to-Fork Multi-visit Program (N  =  264) and the Field-to-Fork After-school Club (N  =  56), on nutritional outcomes of elementary school students (third to fifth grade) from urban, diverse, and lower-income communities. Data were collected via self-report surveys measuring: (a) knowledge of recommendations for daily fruit and vegetable intake; (b) fruit and vegetable consumption; (c) knowledge of cooking a healthy recipe using vegetables; and (d) desire for farm fresh foods at school. Statistical analyses included McNemar’s and Wilcoxon signed rank tests. The …

Essays In Urban Economics, Benjamin Stutts

Economics Theses and Dissertations

Chapter 1 examines how land use regulation affects residential segregation by income. Residential segregation by income severely limits access to opportunity for low-income households, restricting prospects of upward mobility. Land use regulations are one potential determinant of such segregation. However, establishing a causal link between such regulation and segregation faces two econometric challenges. First, regulation is potentially endogenous. Second, proper measurement of segregation is difficult. Concerning the first challenge, the prior literature relies on instrumental variables that may not be valid. Concerning the second challenge, the prior literature relies on measures that ignore the spatial dimension of segregation. This paper …

Farmer’S Market Research & Recommendations, Jim Speer

2021 Spring Reports (Sullivan)

The City of Sullivan’s Quality of Life plan indicates a need for a local farmer’s market and other community gathering spaces. ENVI460 students were tasked with putting forth recommendations for a community farmer’s market space that would meet the needs of Sullivan, IN. Students recommended operational procedures for the 3 N. Section Street in Sullivan as the farmer’s market. They also provided construction and multipurpose use recommendations to enact.

Curse Of Democracy: Evidence From The 21st Century, Yusuke Narita, Ayumi Sudo

Cowles Foundation Discussion Papers

Democracy is widely believed to contribute to economic growth and public health. However, we find that this conventional wisdom is no longer true and even reversed; democracy has persistent negative impacts on GDP growth since the beginning of this century. This finding emerges from five different instrumental variable strategies. Our analysis suggests that democracies cause slower growth through less investment, less trade, and slower value-added growth in manufacturing and services. For 2020, democracy is also found to cause more deaths from Covid-19.

Embodied Engineering : Gendered Labor, Food Security, And Taste In Twentieth-Century Mali, Laura Ann Twagira

Ohio University Press Open Access Books

Foregrounding African women’s ingenuity and labor, this pioneering case study shows how women in rural Mali have used technology to ensure food security through the colonial period, environmental crises, and postcolonial rule.

By advocating for an understanding of rural Malian women as engineers, Laura Ann Twagira rejects the persistent image of African women as subjects without technological knowledge or access and instead reveals a hidden history about gender, development, and improvisation. In so doing, she also significantly expands the scope of African science and technology studies.

Using the Office du Niger agricultural project as a case study, Twagira argues that …

Greening The Archive: The Social Climate Of Cotton Manufacturing In The "Samuel Oldknow Papers, 1782-1924", Bernadette Myers, Melina Moe

Journal of Contemporary Archival Studies

This article re-examines the records and correspondence of Samuel Oldknow, a late eighteenth century textile manufacturer, within the context of the environmental humanities. Oldknow’s papers, a portion of which are held at Columbia University, are most often used by economic historians to date the beginnings of the factory wage labor system. We highlight, instead, the environmental implications of Oldknow’s cotton enterprise by juxtaposing documents related to the global reach of Oldknow’s empire with evidence of his transformation of the local landscape of northern England. This process of re-scaling captures a sense of what we call the “social climate” of the …

The Cultural Transmission Of Trust Norms: Evidence From A Lab In The Field On A Natural Experiment, Elira Karaja, Jared Rubin

Economics Faculty Articles and Research

We conduct trust games in three villages in a northeastern Romanian commune. From 1775–1919, these villages were arbitrarily assigned to opposite sides of the Austrian and Ottoman/Russian border despite being located seven kilometers apart. This plausibly exogenous border assignment affected local institutions and late-18th century migration in a manner that likely also affected trust. Conditional on trust norms being affected by these centuries-old historical circumstances, our experimental design tests the degree to which such norms are transmitted intergenerationally. Consistent with theoretical predictions, we find that participants on the Austrian side that also have family roots in the village are indeed …

The Impact Of Select Buses On Taxi Ridership In Nyc, Sara Ahmed

Theses and Dissertations

The objective of this research is to measure the impact of select buses on taxi ridership in NYC. Due to the phased implementation of select buses in NYC, a difference-in-differences model was used. Taxi ridership on the M14A/M14D, M34, M79, and M15 bus routes was examined as the treatment group. The control group is the M100/M101 non-select bus route that runs along Lexington and Amsterdam Avenue. The results from this model show that the M14A/M14D, M34, and M79 select buses had a negative statistically significant impact on taxi ridership. The M15 select bus had a positive statistically insignificant impact on …

Intended And Unintended Effects Of E-Cigarette Taxes On Youth Tobacco Use, Rahi Abouk, Charles J. Courtemanche, Dhaval Dave, Bo Feng, Abigail S. Friedman, Johanna Catherine Maclean, Michael F. Pesko, Joseph J. Sabia, Samuel Safford

Institute for the Study of Free Enterprise Working Papers

Over the past decade, rising youth use of e-cigarettes and other electronic nicotine delivery systems (ENDS) has prompted aggressive regulation by state and local governments. Between 2010 and 2019, ten states and two large counties adopted ENDS taxes. Applying a continuous treatment difference-in-differences approach to data from two large national datasets (Monitoring the Future and the Youth Risk Behavior Surveillance System), this study explores the impact of ENDS taxes on youth tobacco use. We find that ENDS taxes reduce youth e-cigarette consumption, with estimated e-cigarette tax elasticities of -0.06 to -0.21. However, we estimate sizable positive cigarette cross-tax elasticities, suggesting …

Doubling Down On Asia, Olivier Lim, Arif P. Rachmat, David Su

Perspectives@SMU

COVID-19 has inflicted major pain on Asian economies but the effects on countries and sectors are not uniform. The tech sector in China could yet present investment opportunities