Econometrics Commons^™

The 2015 Ncaa Cost-Of-Attendance Stipend And Its Effects On Institutional Financial Aid Packages, Sara Greene

Honors Theses

In 2015, the National Collegiate Athletic Association (NCAA) allowed “Cost of Attendance” (COA) stipends to be offered to athletic recruits for Division I schools. These stipends are intended to allow schools to grant aid to student-athletes beyond a full-ride scholarship to cover additional costs imposed on student-athletes. These stipends created an opportunity for the “Autonomy” Power 5 programs to utilize a competitive tactic to try to win over the top recruits. There is evidence that these COA stipends have caused an increase in the estimated cost of attendance reported by the university. This paper examines if the COA stipends have …

Evaluating Short Term Effects Of Opportunity Zone Designation, Sarah M. Bennett

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

The Tax Cuts and Jobs Act of 2017 included a substantial economic development effort known as Opportunity Zones. These Zones cover 12% of the census tracts in the United States and are estimated to cost $1.6 billion in lost capital gains tax revenue. Our paper seeks to find whether this program has had an impact four years after going into effect, using an econometric analysis on changes in housing prices.

An Evaluation Of Knot Placement Strategies For Spline Regression, William Klein

CMC Senior Theses

Regression splines have an established value for producing quality fit at a relatively low-degree polynomial. This paper explores the implications of adopting new methods for knot selection in tandem with established methodology from the current literature. Structural features of generated datasets, as well as residuals collected from sequential iterative models are used to augment the equidistant knot selection process. From analyzing a simulated dataset and an application onto the Racial Animus dataset, I find that a B-spline basis paired with equally-spaced knots remains the best choice when data are evenly distributed, even when structural features of a dataset are known …

How Did Medicaid Expansion Affect The Provider Labor Market?, Aaron Wu

Honors Theses

One provision of the Affordable Care Act was to expand Medicaid eligibility for a greater number of low-income patients. The resulting increase in demand for care was largely explored, but the effect of the 2014 Medicaid expansion on the physician and advanced practitioner labor market has not been well researched by economists. Using pooled cross-sectional data from the 2010 – 2018 American Community Surveys, this paper examines whether the Medicaid expansion has caused notable changes in physician, physician assistant, and nurse practitioner hours, compensation, and overall employment. The literature shows that practices that employ nurse practitioners are far more likely …

Does Racial Discrimination Exist In The Nba?, Logan Kendall

Williams Honors College, Honors Research Projects

This paper aims to examines the affect of race on compensation for NBA players. Based on prior research, I pose the hypothesis that racial discrimination does exist in the NBA with there being a premium for white players. A second hypothesis I present based on the previous research is that the premium for white players exist for only some groups of players and for other groups there with not exist discrimination based on player race. By using career data from every player who played in the 2019-2020 NBA season and their 2019-2020 salaries, a few different models where ran. The …

The Effects Of An Increasing Federal Minimum Wage On Federal Unemployment And Job Automation Levels, Kiana Krayeski

Honors Undergraduate Theses

The industrial revolution was the start of increasing technological advancements that are continuing to grow today. Technology improves accuracy, efficiency and is more productive in comparison to human labor as it does not require breaks and cannot violate any labor laws. With many innovations available today, firms have more options to choose from and can select the relatively cheaper solution. The push for a fifteen-dollar minimum wage affects the firm's options, and the use of technology might increasingly become the more viable choice. This study took data from the years 1993 to 2016 and created two regressions using the unemployment …

Forecasting Short-Term Stock Returns Using Irregular Pricing Behavior In The Options Market, Thomas W. Sampson

Master's Theses

This paper uses regression analysis to examine the relationship between today's implied volatility on AMD stock options with tomorrow's return on the underlying. An economic analyis of the options markets' micro-structure is discussed to establish the intuition and the basis behind the relationship. Four seperate models are developed to examine its statistical significance and the ability of options' prices to accurately forecast returns on the underlying security.

The hypothesis of the paper is that daily changes in implied volatility can be used to earn higher than expected returns on the underlying stock. I find that implied volatility can be used …