Econometrics Commons^™

The Effect Of Leverage On Credit Default Swaps, Xiling Lai

Undergraduate Student Research Internships Conference

The research investigates the effect of leverage on the pricing of Credit Default Swaps (CDS) and focuses on key sectors of the economy: Technology, Financials, Consumer Staples and Industrials. CDS are financial instruments that were developed a few decades ago and have become more widely used in financial markets for hedging credit exposures. Given their prevalence in financial markets, it is important to understand how CDS spreads change when reference entities modify their capital structure.

In the regression analysis, the level of CDS spread is used as dependent variable, and the standardized relative leverage is used as independent variable. My …

Household Preferences Of Decentralized Solar Photovoltaic And Thermal Systems, Roozbeh Ghasemi, Yue Li, Zhongming Lu, Ju-Chin Huang, Weiwei Mo

Student Research Projects

Small-scale, residential solar systems have been increasingly recognized as a key sector of future solar capacity growth and carbon emission reduction in cities. This study investigated customer preferences of solar thermal and photovoltaic (PV) systems to facilitate their broader residential penetration. A discrete choice experiment was designed and administered through Amazon Mechanical Turk targeting two testbeds: Boston, Massachusetts and Atlanta, Georgia. Six system features were investigated, including system type, ownership, upfront cost, annual savings, environmental benefits, and neighbor’s choices. The collected data were then analyzed using latent class choice modeling to identify the hidden classes of unique preference characteristics and …

Sunk Or Dunk?: An Empirical Analysis Of The Effect Of Sunk Cost Fallacy In Professional Basketball, Hailey Dicicco

Business and Economics Presentations

This project is divided into two sections. The first section is a comparison between the NBA and WNBA, using performance metrics from game statistics. I researched the history of women in sports and specifically read about how women first became integrated into the game of soccer. In the regression for section one, we used a few selected performance metrics and minutes in order to observe any relationships between specific skills and minutes. We also focused on the difference between the leagues in terms of what game stats are more or less significant.

In the second section of this paper, we …

Reinventing The Wheel: Comparing Family Friendly Vegas And Adult Friendly Vegas Revenue Growth, James Vaughn

International Conference on Gambling & Risk Taking

The one constant for Las Vegas is change, always looking for the Next Big Thing™. In the 1990s, Las Vegas engaged in a grand experiment: roller coasters, amusement parks, family pools and shows. In the 2000s, Las Vegas reinvented itself back to its roots: condo not amusement parks, sensual not swashbuckling shows, topless European ultra-pools not kiddie pools. While the house always wins, did the casinos of the 1990s or 2000s beat the ultimate house, going beyond nominal revenue growth into the jackpot of real revenue growth?

The Role Of Income Inequality As A Predictor Of Per Capita Gross Domestic Product, Daniel Friedberg

Student Scholar Showcase

The role of income inequality in relation to gross domestic product is of great importance in modern time. Income inequality is a pressing phenomenon in the fields of economics, politics, and sociology, while Gross Domestic Product is the benchmark statistic in measuring the health of any economy. But how well does income inequality serve as a predictor for the level of Purchasing Power Parity (PPP) GDP per capita within a nation? This cross-sectional study determines that the GINI Index has no significant statistical relationship with PPP GDP per capita level. While income inequality is a major economic variable that contributes …

An Economic Growth Analysis Of Native American Reservations In California, Mahsa Ashabi

Economics

A history of institutional oppression and genocide has shaped Native American communities across the United States today, reflected in large disparities of socioeconomic outcomes and productivity. Due to a lack of comprehensive data and macroeconomic research, alternative forms of spatial data and theories regarding human settlement develop a lens of understanding of this stagnation.In our efforts to better understand growth on Native American reservations, we utilize nighttime lights data to proxy for economic output in these geographic areas, measuring the settlement characteristics of reservations themselves and against surrounding U.S. regions. Through a series of log-log regressions that focus on Zipf’s …

Determinants Of Parking Fees On College Campuses, Hannah Huckeby

Posters-at-the-Capitol

The price of parking has recently been a hot topic around the Murray area, especially among the college students. Due to the drastic increase in parking pass prices there has been an abundant amount of discussion surrounding this idea of parking being a public good. Many individuals have been outraged which has brought up the questions of why there is a price tag on something that many people consider a public good. With that being said, this paper is going to take a deeper look into parking specifically pertaining to college campuses but also in the cities surrounding these institutions. …

Left-Wing And Right-Wing Terrorism In The United States, Alex Rant, Paul Jones, Nathanael Robinson

Seaver College Research And Scholarly Achievement Symposium

This paper assesses whether there is causality between Left-Wing and Right-Wing Terrorist attacks in the United States. A Vector Auto-Regressive (VAR) Model is estimated for the two variables. A Granger Causality test and Impulse Response Functions are examined to understand the relationship between the two variables. Both terrorist attacks appear to Granger Cause each other, but an analysis of the Impulse Response Functions reveals that Right-Wing Terrorism yields a stronger response from Left-Wing groups than Left-Wing terrorism does from Right-Wing groups. Nonetheless, there are strong elements of causality and response between the two groups.

Does Where You Grow Up Affect Your Chances Of Being Drafted Into The Nfl?, Walker Head

Georgia College Student Research Events

The minimum rookie salary in the National Football League (NFL) is $450,000. First round picks often sign multi-year contracts worth more than $10 million. Players from some states are much more likely to receive college scholarships and eventually be drafted into the NFL, but it is not clear if this is a causal relationship. Utilizing data from Rivals and the NFL, I attempt to determine if where a player grew up has an impact on his chances of being drafted to play professional football. I focus on the top eight states, as it relates to percentage of recruits and my …

Economic Analysis Of Flight Delay, Nathan D. Boettcher

Seaver College Research And Scholarly Achievement Symposium

Our project began as an investigation into the phenomenon of flight delay. We approached this problem with two goals in mind. First, we used mathematical statistics and econometric methods to develop a predictive model of flight delay. An improved forecasting process has obvious benefits for customers, and would additionally shed light on the factors which airports and airlines should seek to change in order to reduce flight delay. Our secondary goal was to complement this predictive research with a theoretical analysis of the incentive structure that consumers and producers face. We limited the scope of this model to delayed flights …

Rebound In Us Productive Sectors, Harry D. Saunders

Harry D. Saunders

This presentation describes rebound measurements in the US economy, the dominance of "embedded energy" (production-side energy use), and the economic costs of polices to mitigate rebound effects.

Empirical Methods-A Review: With An Introduction To Data Mining And Machine Learning, Matt Bogard

Economics Faculty Publications

This presentation was part of a staff workshop focused on empirical methods and applied research. This includes a basic overview of regression with matrix algebra, maximum likelihood, inference, and model assumptions. Distinctions are made between paradigms related to classical statistical methods and algorithmic approaches. The presentation concludes with a brief discussion of generalization error, data partitioning, decision trees, and neural networks.

Status Of Usa Rebound Effect Activities: The Debate, The Progress, Harry D. Saunders

Harry D. Saunders

This presentation describes the nature of the rebound debate in the United States in 2011, provides estimates of US rebound, compares embedded vs. end use energy, and estimates the economic costs of taxes aimed at mitigating rebound effects.

Economics Of Securities Markets: Lecture 1, Poonam Mehra

Poonam Singh Mehra

No abstract provided.

Work Absence In Europe: An Update, Lusine Lusinyan, Leo Bonato

Leo Bonato

No abstract provided.

Mergers And Acquisitions: Strategies, Poonam Mehra

Poonam Singh Mehra

No abstract provided.

Incentive For Regulation In Financial Markets, Poonam Mehra

Poonam Singh Mehra

No abstract provided.

Merger And Acquisition, Poonam Mehra

Poonam Singh Mehra

No abstract provided.

Event Studies In Finance: Discussion, Carlo Drago

Carlo Drago

No abstract provided.

Ceo Compensation And Performance In Family Firms By Barontini And Bozzi: Discussion, Carlo Drago

Carlo Drago

No abstract provided.

Self-Regulation, Poonam Mehra

Poonam Singh Mehra

No abstract provided.