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Articles 181 - 210 of 245
Full-Text Articles in Econometrics
The Environmental Kuznets: For High, Middle And Low Income Latin American Countries, Allia Afifi
The Environmental Kuznets: For High, Middle And Low Income Latin American Countries, Allia Afifi
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the relationship between environmental quality and economic development through the use of the Environmental Kuznets Curve. The study will examine the effect of economic development on the environmental quality for selected high, middle and low income Latin American countries. The model will look at emission levels (CO2 emissions in metric tons per capita) in Brazil, Mexico, Argentina, Columbia, Honduras and Nicaragua as affected by changes in Gross Domestic Product. The results show that there is an inverted U-shaped curve representing the relationship between environmental degradation (CO2 emissions per capita) and GDP per capita, supporting the EKC hypothesis.
An Analysis On The Factors Affecting Fertility Rates Across The U.S., Britany St. Sauveur
An Analysis On The Factors Affecting Fertility Rates Across The U.S., Britany St. Sauveur
Empirical Economic Bulletin, An Undergraduate Journal
This paper analyzes the fertility rate or the number of live births per 1,000 women aged 15-44 years old. The research is based off of census data from the Statistical Abstract of the United States from 1990 to 2009. The purpose of researching fertility and birth rates is to explain the slight fluctuations during this time frame. This study looks into the factors as to why this change has occurred, such as race, education, marital status, economic impact, age, and region. The results from over the past 20 years have proven that these demographic and geographic factors have both affected …
Education And Income Inequality In Latin American Countries, Courtney Weiss
Education And Income Inequality In Latin American Countries, Courtney Weiss
Empirical Economic Bulletin, An Undergraduate Journal
It is a common theory that education levels and inequality are highly correlated. In layman’s terms, as access to education increases, the earning potential of the poor also increases. Therefore, the poverty gap shrinks. However, when access to education is limited, there is a greater disparity between the earning potential of the rich and that of the poor, thereby expanding the poverty gap. The following paper examines and compares the education levels and income inequality across 14 Latin American countries. These countries experience “persistent” and “pervasive” inequality impacting all aspects of life (de Ferranti et al., 2004). Inequality will be …
Pigs Debt Crisis: Macroeconomic Factors, David Fiorino
Pigs Debt Crisis: Macroeconomic Factors, David Fiorino
Empirical Economic Bulletin, An Undergraduate Journal
Italy’s public debt has seen large increases over the past few years, and as a result they were bailed out by other European Union members. Either their large trade deficits, inability to stimulate growth, or lack of tax revenues are all reason why Italy has fallen to such crisis. Other countries in the EU such as Portugal, Spain, and Greece have had similar debt problems and received a bailout as well. This paper will attempt to explain the relationship between the public debt to GDP ratio and some macroeconomic conditions using panel data from 1990 to 2010 for the countries …
Crime Rate In Massachusetts Cities: Has The Negative Economy Affected This?, Karissa Guerette
Crime Rate In Massachusetts Cities: Has The Negative Economy Affected This?, Karissa Guerette
Empirical Economic Bulletin, An Undergraduate Journal
This review concentrates on the relationship between the effects the downturned economy has had on the crime rate. The paper examines specifically Massachusetts cities unemployment rate and average income, along with education level. With the financial crisis starting in 2008, this paper will take a look 2010, a couple years after the peak of the recession. The results show the increasing crime rates are positively related to the change of times with the economy leading to unemployment and lower income level.
Social And Economic Factors Leading To Differences In Us State Unemployment, Taylor Neighbours
Social And Economic Factors Leading To Differences In Us State Unemployment, Taylor Neighbours
Empirical Economic Bulletin, An Undergraduate Journal
This paper dives into the socio-economic factors that lead to differences in U.S. State unemployment rates. The study will look at and evaluate prior economic literature, including regression analysis, comparative statistics, and raw data from the BLS and Census Bureau. Further, it will take select parts from past models to create and analyze an economic regression model. The data to be found below is a cross-sectional interpretation of each of the 50 states for the years 2000 & 2010. The root causes for fluctuations in unemployment can help economists better understand how to monitor and manage unemployment levels on a …
Correlation Between Economic Factors And High-Technology Export In Asia-Pacific Nations, Jiyan Hu
Correlation Between Economic Factors And High-Technology Export In Asia-Pacific Nations, Jiyan Hu
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the correlation between high-tech exports in Asian-Pacific nations and the economic effects in term of economic growth. Some economic factors will be highlighted in this paper, such as foreign direct investment inflow, R&D expenditure, country openness as well as gross saving. The model will explain some economic factors are the key to determinant the volume of the high-tech export in Asian-Pacific nations. In order to understand the model and interpretation of each factor, high-tech export per worker will be targeted as a dependent variable. This paper will include data from 1997 to 2007 and it will be …
How Consumer Sentiment Affects Personal Consumption, Gregory Hughes
How Consumer Sentiment Affects Personal Consumption, Gregory Hughes
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the relationship between consumer confidence and major economic indicators as it relates to the United States after the financial crisis of 2008. This study reveals the effect consumer sentiment has on economic forecasting as it relates to personal consumption. Macro level data used to indicate future economic performance is lacking without the inclusion of consumer confidence levels.
Does Money Matter? An Empirical Analysis On The Effects Of Campaign Financing In Recent Senatorial Elections, Joseph Cunningham
Does Money Matter? An Empirical Analysis On The Effects Of Campaign Financing In Recent Senatorial Elections, Joseph Cunningham
Empirical Economic Bulletin, An Undergraduate Journal
This empirical analysis quantifies political science variables and tests to see if the sources of campaign finance money matters and ultimately determines the most important factors affecting a candidate’s chances of becoming elected. Using data from the 2004 and 2010 Senate elections, this paper tests the importance of a number of political science variables including party affiliation, sources of campaign financing, and incumbency, among others. The effects of the Citizens United Supreme Court decision and its democratic implications are also analyzed to see if money in politics weakens America’s democratic process. There are few studies in the field that are …
Tax Rates On Alcohol: Does It Affect Demand For Particular States?, Matthew Schoenewolf
Tax Rates On Alcohol: Does It Affect Demand For Particular States?, Matthew Schoenewolf
Empirical Economic Bulletin, An Undergraduate Journal
In this paper, different variables will be tested to figure out whether or not different levels of tax have a determinant on the consumption or demand for alcohol. The study will examine several variables including the sales taxes in each state, the different taxes on beer, wine and spirits, along with GDP per capita, death rates and whether or not there is an advertising ban in a particular state. The results from the research and tests performed focus on the factors that are closely correlated to the consumption of alcohol, with GDP per capita proving to be the most influential …
The Impact Of Defense Spending On Economic Growth In The United States, Nathaniel Harty
The Impact Of Defense Spending On Economic Growth In The United States, Nathaniel Harty
Empirical Economic Bulletin, An Undergraduate Journal
This paper addresses whether or not the United States’ government’s choice to cut defense spending is going to have a negative impact on economic growth, and therefore slow down the US recovery. This paper analyzes the findings during the last 70 years regarding defense spending and its effect on economic growth, through comparing that relationship between studies under various circumstances. It then goes into detail of the most recent data from the United States to see if there is a casual relationship between defense spending and economic growth. This paper will use the Granger Causality Method to test the significance …
The Relationship Between Poverty And Crime: A Cross Section Analysis, Luke Fleming
The Relationship Between Poverty And Crime: A Cross Section Analysis, Luke Fleming
Empirical Economic Bulletin, An Undergraduate Journal
This paper compares the crime rates, poverty rates, and other economic statistics to determine if there is a relationship amongst the variables. The highest crime rates per capita in the world exist in developing countries; these countries also have very high rates of poverty. Is it a coincidence, or is there actually some substance to these facts? Crime is a complicated issue, and other variables like education, healthcare, and housing have to be taken into consideration. The results indicate that there is a relationship between certain types of crime and poverty, and that income inequality is significant to all types …
The Importance Of Good Governance In Achieving Economic Growth For Developing Nations: An Analysis Of Sub-Saharan Africa, Karl Turner
Empirical Economic Bulletin, An Undergraduate Journal
This paper aims to expand on the idea that good governance is essential in sustaining growth in developing countries. I have chosen variables that are specific to determining the effect of good governance on sustained growth in several Sub-Saharan African nations. These variables will take into account the increased levels of corruption and manipulation that takes place in many of these regions. By analyzing different countries in Sub-Saharan Africa, I will be able to account for different economic and political conditions. My results show that although these countries differ in various aspects of macroeconomic policy, stable governance has been the …
A Comparative Analysis Of Development: Foreign Direct Investment And Remittances In Latin America, Jeffrey Denault
A Comparative Analysis Of Development: Foreign Direct Investment And Remittances In Latin America, Jeffrey Denault
Empirical Economic Bulletin, An Undergraduate Journal
Economic growth in developing countries has long been thought to come from a variety of different economic factors. One of the most prevalent theories has been providing a country with high levels of foreign direct investment, encouraging the country to industrialize. Whilst there are obviously many other factors either inhibiting or encouraging a developing country’s growth, foreign direct investment has long been seen as the prime inflow of capital. However, in recent years, there has been a rapid increase in the transfer of funds to developing countries from migrant workers through remittances. This study explores the aggregate impact remittances have …
Foreign Aid And Growth In Select African Countries, Thomas Strong
Foreign Aid And Growth In Select African Countries, Thomas Strong
Empirical Economic Bulletin, An Undergraduate Journal
This paper analyzes the effects of foreign aid on economic growth in a set of African countries. This paper differs from previous literature in several ways; this paper analyzes a small sample set of aid-receiving African countries of varying distances from the equator. This paper also uses the most up-to-date data available, which will provide an insight into the 21st century conditions. Previewing the empirical results, this paper determines that aid, in the form of technical cooperation grants, has a significant, positive impact on growth.
Determinants Of A Country's Happiness, Timothy Caradonio
Determinants Of A Country's Happiness, Timothy Caradonio
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the relationship between several macroeconomic factors and the relative happiness of a country’s citizens. Inflation, GDP growth, real interest rate, and unemployment rate were selected as independent variables. Data on the dependent variable, the degree of happiness, was not available from other studies. Therefore, life satisfaction was used as the dependent variable which was obtained from the Happy Planet Index. This study was conducted using cross sectional data and the least squared method to determine if any of the independent variables are statistically significant to the happiness of a country.
Sexual Orientation Wage Differentials, Gian Spicuzza
Sexual Orientation Wage Differentials, Gian Spicuzza
Empirical Economic Bulletin, An Undergraduate Journal
Most early works find that homosexual and bisexual men suffer from a wage disadvantage and that lesbian and bisexual women earn a substantial wage premium compared to their heterosexual counterparts. Almost all earlier works use 1980-1990 General Social Survey data and Census 1990 data. This economic analysis uses more recent 2010 GSS data and finds statistically insignificant results that that both homosexual and bisexual men and women earn a wage differential. This is most likely attributed to the new terminology included in the 2010 GSS. For the first time, the GSS records the sexual orientation of the respondent whereas past …
Analysis Of Employer Of Last Resort In The United States: Implications Of Educational Attainments And Wage Rates, Benjamin Dionne
Analysis Of Employer Of Last Resort In The United States: Implications Of Educational Attainments And Wage Rates, Benjamin Dionne
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the feasibility and impact of an Employer of Last Resort (ELR) program in the United States. ELR could provide the US with a new policy direction in curbing poverty and creating growth. An ELR growth program would be run by the government to employ millions of unemployed and underemployed people in skilled and unskilled positions. This study aims to show that a well developed and administered ELR program could address the important issues facing the American economy and could lead to a significant economic impact. Using an ordinary least squared model the study establishes factors affecting the …
A New Stock Index To Better Predict The United States' Real Gdp, William Nette
A New Stock Index To Better Predict The United States' Real Gdp, William Nette
Honors Projects in Finance
The relationship between the United States’ real GDP and the overall stock market has been acknowledged by researchers and investors alike. This research paper will document a newly created composite index that will try to more accurately predict the overall U.S. economy through the proxy of GDP than the current S&P 500 index. Success will be determined if the composite index representing the addition of a service sector component to the S&P 500 is more correlated to U.S. real GDP than the S&P 500 alone. The results suggest that the service sector is not quite adequately in the S&P 500. …
Determinants Of Rental Rates In Major Cities In The United States, Roy Ruivo
Determinants Of Rental Rates In Major Cities In The United States, Roy Ruivo
Empirical Economic Bulletin, An Undergraduate Journal
The focus of this paper is to determine variables that contribute to rental rate pricing. Using U.S. Census data pertaining to all cities in the United States with populations over 100,000 in 2005, this paper furthers a study of inter-city rent determinants within New York City provided by Marco (2008) using additional variables provided by Gilderbloom and Pan (2002) in their inter-city study. This report studies the impact of variables, including vacancy rates, median family income, population growth rate, and average housing costs. The population variable will be manipulated so that it represents density, which provides an accurate representation of …
Determinants Of Hyperinflation: An Analysis Of Argentina, Eric Fudge
Determinants Of Hyperinflation: An Analysis Of Argentina, Eric Fudge
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the history of inflation rates in Argentina compared to other economic factors, including: GDP, national budget, money supply, exchange rate, and unemployment levels. Using data from the World Bank and Centre of International Economics this paper will give insight into some of the causes of high inflation levels that were evident in Argentina throughout the 1980s, peaking with hyperinflation in 1989 and 1990. Results from analyzing statistics pertaining to Argentina’s economy from 1980 to present suggest that perpetual budget deficits led the government to print money more rapidly, causing a significant decrease in currency valuation and thus …
Economic Growth And Emissions In China And India: A Comparison With The Other G5 Emerging Nations, David Niles
Economic Growth And Emissions In China And India: A Comparison With The Other G5 Emerging Nations, David Niles
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the possibility of different modes of production affecting the emission levels of developing nations. China and India have experienced substantial economic growth of the past few decades. Past economists have found emission levels positively correlated with GDP growth. Nonetheless, China has significantly higher emission levels than India, given their respective growth in GDP. Whether a country bases their growth on agriculture, industry, manufacturing or services has an effect on their subsequent emission levels. Comparing these results with the other G5 nations indicate the relative importance of GDP level in comparison with economic structure. This paper finds that …
The Crime Rate In America: How Influential Is The Economy In Affecting The Level Of Crime?, Joseph Kuhar
The Crime Rate In America: How Influential Is The Economy In Affecting The Level Of Crime?, Joseph Kuhar
Empirical Economic Bulletin, An Undergraduate Journal
This paper explores the determinants of the crime rate, and whether or not the economy and its many indicators play a substantial role in affecting this rate. Many factors affect the crime rate in a given country/state/area including the number of police, the rate at which crime is reported, as well as the population. This paper will explore the following variables: the crime rate (dependent), number of police, conditions that affect the crime rate, the reported crime rate, and the reporting rate. It will also analyze the following economic conditions and whether or not they have a substantial effect on …
The Effect Of Education On Property Crime Across State, Wes Andrews
The Effect Of Education On Property Crime Across State, Wes Andrews
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the effects/importance of these independent variables (High School Graduation Rate, GDP growth Rate, GDP per capita, expenditures per capita in terms of police force, expenditures per capita in terms of the court system, employment rate, percentage of people with college degrees, and the average wage rate) on property crimes across the 50 states. The study will use OLS in order to examine the influence of these variables. Based on reviews of other similar studies it is expected that there is a negative correlation between the amount of schooling and property crime.
The Long-Run Relationship Between Inflation And Unemployment In Malaysia, Matthew Tremblay
The Long-Run Relationship Between Inflation And Unemployment In Malaysia, Matthew Tremblay
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the long-run relationship between inflation and unemployment in the economy of Malaysia between 1972 and 2004. Basing my model off of an investigation by Fair (1997), this study will attempt to quantify the relationship between inflation rates, unemployment, wage rates, changes in production, and a measure of demand pressure. Using macro-level data from various sources, it is expected that the results will suggest periods of high inflation are directly related to high unemployment, decreased wage rates, lower production levels, and substantially weak demand pressures.
The Impact Of Socioeconomic And Environmental Factors On Infant Mortality In The U.S., Tai Abukasis
The Impact Of Socioeconomic And Environmental Factors On Infant Mortality In The U.S., Tai Abukasis
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines socioeconomic and environmental agents that may affect infant mortality rates among Whites, Blacks, and Hispanics in the United States. Data was collected at the state level from both federal and private databases. Three separate ordinary least squares regressions were taken for each of the aforementioned demographics. The correlations between the independent variables and infant mortality were examined from a racially-based perspective to further evaluate potential underlying causes regarding geographic, financial, and environmental constituents. Analysis of the regressions revealed that particular variables affect the rate of infant deaths among races differently and that racial disparity continues to exist …
The Impact Of An Economic Recession On Etf Sectors: Which Etf Sectors Are Most Recession-Proof?, Salvatore Galbo
The Impact Of An Economic Recession On Etf Sectors: Which Etf Sectors Are Most Recession-Proof?, Salvatore Galbo
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates which ETF sectors are most recession-proof by focusing on sector performance and finding the possibility of a positive or negative correlation between specific sectors and the overall market performance during such recessionary times. The study compares the percentage gain or loss by each ETF sector with regression analysis to determine which sectors perform better than the overall market performance during an economic downturn. The study incorporates the most recent recession and the recession during 2001, when the technology bubble burst occurred, to find any relevance and/or consistency in my study. The results show that out of all …
Labor Productivity, Inflation, And Unemployment's Relationship With Wage Formation In The United States, Peter Longhi
Labor Productivity, Inflation, And Unemployment's Relationship With Wage Formation In The United States, Peter Longhi
Empirical Economic Bulletin, An Undergraduate Journal
This paper discusses unemployment, labor productivity and inflation’s effect on wage formation in the United States. This paper looks at a very well researched topic of wage formations relation to unemployment and labor productivity to see if there is a long term homogenous relationship between the wage levels and the dependent variables. By using quarterly data from 1996 to 2009, I will attempt to observe if wages are following the classical theoretical relationship in the United States. The specified time period will allow us to observe a distinct boom and bust in the economy. I expect to find a long …
What Drives The United States Housing Starts, Myles Ojala
What Drives The United States Housing Starts, Myles Ojala
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the determinants of new housing starts within the United States. Using recent monthly data, this study will consider factors such as residential building permits, long and short-term mortgage rates, savings rates, and mortgage availability, to show how each of these variables influence the U.S housing market in the form of residential housing starts. Using a VAR model, this paper will show the impact that the vector variables have on each other, and especially, housing starts. By using a split set of data, this paper will also show the impact of the vector variables on housing starts during …
Factors Effecting Gdp Growth In Member States Of The European Union, Kris Mortimer
Factors Effecting Gdp Growth In Member States Of The European Union, Kris Mortimer
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the GDP growth in member states of the European Union from 1978 until 2007. As most people are well aware of, GDP is calculated by the sum of consumption, government expenditure, investment, and net exports. The research conducted for this paper intends to discover what other variables have affected GDP growth in the past 30 years. The variables used in this paper include the public expenditure on education, total population, inflation, percentage of population who are adolescents (0-14), adults (15-64), or elderly (65+). Today there are twenty-seven member states in the Union from which I have compiled …