Open Access. Powered by Scholars. Published by Universities.®

Econometrics Commons™

Open Access. Powered by Scholars. Published by Universities.®

Discipline
Institution
Keyword
Publication Year
Publication
Publication Type
File Type

Articles 601 - 630 of 2833

Full-Text Articles in Econometrics

Political Legitimacy In Historical Political Economy, Avner Greif, Jared Rubin Jun 2022

Political Legitimacy In Historical Political Economy, Avner Greif, Jared Rubin

ESI Working Papers

Political legitimacy has long been recognized in the social sciences as an integral component of governance. It encourages obedience without the threat of force, thus lowering governing costs and improving the efficacy of policies. This chapter begins by overviewing the extensive literature on political legitimacy, classifying studies by whether they are based on the beliefs (regarding the legitimacy of the authority) or effectiveness (good governance is legitimate governance). Among the studies focusing on beliefs, most take legitimacy as an exogenous element of political authority. We develop a conceptual framework to study how beliefs regarding political legitimacy form endogenously and impact …

Go to article

300 Anniversary Of Smith’ Birth, Vernon L. Smith Jun 2022

300 Anniversary Of Smith’ Birth, Vernon L. Smith

ESI Working Papers

Thousand-word brief on key quotes from Adam Smith’s two books (TMS, WN) modelling Society and Economy.

Go to article

Youth Entrepreneurship Dynamics In Benin: Was Access To Finance The Missing Piece For Opportunistic Self-Employment?, Modeste Melain Senou, Kolotioloman Soro May 2022

Youth Entrepreneurship Dynamics In Benin: Was Access To Finance The Missing Piece For Opportunistic Self-Employment?, Modeste Melain Senou, Kolotioloman Soro

The Journal of Entrepreneurial Finance

Young people in developing countries and more especially in Sub-Saharan African countries are seeking employment opportunities in challenging economic and social environments. Entrepreneurship appears then as a key factor in reducing unemployment, grasping for a sustainable job and reducing poverty. Both national and international authorities are taking steps to facilitate youth entrepreneurship. In that context, this study aims at reexamining the effect of access to finance on the dynamics of entrepreneurship of young people in transition from School to work in Benin. Using a SURE Probit procedure on data from the International Labor Organization (ILO) we estimated jointly the predicted …

Go to article

Does My Skin Tone Really Matter? A Socioeconomic Analysis In Nigeria., Mutiu O. Fakorede May 2022

Does My Skin Tone Really Matter? A Socioeconomic Analysis In Nigeria., Mutiu O. Fakorede

Master's Theses

Abstract: Does my skin tone really matter? If it does, to what extent and direction does skin tone predict socioeconomic outcomes, especially amongst people of color who have experienced colonial rule with its white supremacy agenda? In this research, we examined if skin tone measured in individual typology angle (ITA) does not affect employability, income, partner selection, and political representativeness. With a focus on Nigeria, the most populous black nation, a former British colony, we addressed this broad question through a survey. Using the iterative capability of Qualtrics which randomly picks a set of three pictures with known ITA and …

Go to article

How Do Reward Versus Penalty Framed Incentives Affect Diagnostic Performance In Auditing?, Bright (Yue) Hong, Timothy W. Shields May 2022

How Do Reward Versus Penalty Framed Incentives Affect Diagnostic Performance In Auditing?, Bright (Yue) Hong, Timothy W. Shields

ESI Working Papers

Prior research examines how rewards versus economically equivalent penalties affect effort. However, accountants perform various diagnostic analyses that involve more than exerting effort. For example, auditors often need to identify whether a material misstatement is the underlying cause of a phenomenon among the possible causes. Testing helps identify the cause, but testing is costly. When participants are incentivized to test accurately (rather than test more) and objectively (unbiased between testing and not testing), we find that framing the incentives as rewards versus equivalent penalties increases testing by lowering the subjective testing criterion and by increasing the assessed risk of material …

Go to article

Motives For Cooperation In The One-Shot Prisoner’S Dilemma, Mark Schneider, Timothy W. Shields May 2022

Motives For Cooperation In The One-Shot Prisoner’S Dilemma, Mark Schneider, Timothy W. Shields

ESI Working Papers

We investigate the motives for cooperation in the one-shot Prisoner’s Dilemma (PD). A prior study finds that cooperation rates in one-shot PD games can be ranked empirically by the social surplus from cooperation. That study employs symmetric payoffs from cooperation in simultaneous PD games. Hence, in that setting, it is not possible to discern the motives for cooperation since three prominent social welfare criteria, social surplus (efficiency) preferences, Rawlsian maximin preferences, and inequity aversion make the same predictions. In the present paper, we conduct an experiment to identify which of these social preferences best explains differences in cooperation rates and …

Go to article

Save, Gamble, Or Both? The Relationship Between Premium Bond Sales And Lottery Sales In The United Kingdom, Kaden Grace May 2022

Save, Gamble, Or Both? The Relationship Between Premium Bond Sales And Lottery Sales In The United Kingdom, Kaden Grace

Honors Theses

Four out of every ten Americans are unable to pay for an unexpected $400 bill out of their savings accounts. To ameliorate this problem, one policy to incentivize saving is a Prize-Linked Savings Account (PLSA). Unlike a traditional savings account that pays out a consistent rate of return, a PLSA pools the interest on all deposits and distributes the returns in randomly drawn prizes (similar to a lottery). However, PLSAs remain illegal in many areas due to a concern that the introduction of a private or public PLSA could cannibalize revenue from an existing state-sponsored lottery, thus restricting the state’s …

Go to article

On The Generalizability Of Using Mobile Devices To Conduct Economic Experiments, Yiting Guo, Jason Shachat, Matthew J. Walker, Lijia Wei May 2022

On The Generalizability Of Using Mobile Devices To Conduct Economic Experiments, Yiting Guo, Jason Shachat, Matthew J. Walker, Lijia Wei

ESI Working Papers

Recent technological advances enable the implementation of online, field and hybrid experiments using mobile devices. Mobile devices enable sampling of incentivized decisions in more representative samples, consequently increasing the generalizability of results. Generalizability might be compromised, however, if the device is a relevant behavioural confound. This paper reports on a battery of common economic games and decision-making tasks in which we systematically randomize the decision-making device (computer versus mobile phone) and the laboratory setup (physical versus online). The results offer broad support for conducting decision experiments using mobile devices. For six out of eight tasks, we find robust null results …

Go to article

Grocery Sales And The Pandemic, Joy A. Salentine May 2022

Grocery Sales And The Pandemic, Joy A. Salentine

Honors Capstones

The focus of this paper is to examine the impact of COVID-19 on grocery sales in the United States. My hypothesis is that periods with higher COVID-19 severity, measured through the number of COVID-19 deaths, will show higher grocery sales, all things equal, due to the increased demand during the unusual circumstances of the pandemic. Using data from the Centers for Disease Control and Prevention, the U.S Department of Agriculture, and the Bureau of Economic Analysis, I perform a regression analysis to test my hypothesis. The results confirm my hypothesis by showing that there is a positive and significant effect …

Go to article

Panel Data Analysis Of Import Tariff Policy On Economic Growth And Industrial Output In Developing Economies, Connor A. Palazzo May 2022

Panel Data Analysis Of Import Tariff Policy On Economic Growth And Industrial Output In Developing Economies, Connor A. Palazzo

Empirical Economic Bulletin, An Undergraduate Journal

This paper is focused on interpreting the effects of import tariff policy on domestic economic growth in the small market economies of developing nations. There have been several previous studies that have investigated the effect of tariff policy on domestic consumers and producers of already established economies. In addition, there have also been many studies assessing the effects tariffs from developed countries have on developing countries. However, few reports have been done on how tariffs impact the domestic producers of a developing nation. It is widely accepted that open and free trade is the best method for facilitating growth and …

Go to article

Essays On Nonparametric Benchmarking Of Energy Firms And Natural Gas Market Integration, Matthew Cronin May 2022

Essays On Nonparametric Benchmarking Of Energy Firms And Natural Gas Market Integration, Matthew Cronin

All Dissertations

My dissertation focuses on issues related to the technical efficiency of energy firms as well as the integration of U.S. natural gas markets during the era of shale gas expansion of the early 2000s. In the first chapter, I use nonparametric methods to estimate changes in efficiency and productivity of natural gas pipelines in the U.S. during the period of shale gas expansion during 2007--2018. This period, known as the Shale Revolution, saw an increase in shale gas production from less that 5 billion cubic feet per day (BCF/d) in 2007 to over 60 BCF/d in 2018. This increase in …

Go to article

Evaluating Short Term Effects Of Opportunity Zone Designation, Sarah M. Bennett May 2022

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.

Go to article

Opportunity Calls: The Moral Economy During Existential Economic Transition In The Ural Mountains And Appalachia, 1991 - 2008, Nora Springer May 2022

Opportunity Calls: The Moral Economy During Existential Economic Transition In The Ural Mountains And Appalachia, 1991 - 2008, Nora Springer

Of Life and History

It is often assumed that economists and businessmen act outside of moral constraints, even in times of existential economic crisis. The econometrics of Chubais and Gaidar, as well as the accounting of Deloitte, have all been used to characterize engineers of transition as cold, academic, and removed from reality. However, in both Appalachia and the Urals, mathematics about what will make a profit is inextricable from moral questions of what should make a profit. The goals of economic transition, and ideology about what economic transition should mean, were baked into the calculations of both transitions. Further, the data used to …

Go to article

The Effect Of Female Representation On Revenue: A Study Of Gender Within The Film Industry, Riley Pranian May 2022

The Effect Of Female Representation On Revenue: A Study Of Gender Within The Film Industry, Riley Pranian

Honors College Theses

The art of film has captivated the world for generations — a central component of the captivation is the actors showcased on-screen. But unfortunately, the film industry is male-dominated. Since 1970, the consumption of media by adults and adolescents has increased (Vogel, 2020). This study will determine the relationship between a cast's female-to-male ratio and a film's revenue. The initial hypothesis is that the more women present in the cast, the higher the revenue - this relationship is assumed through increased demand for movies and the need for role models among women. This study’s foundation is the presence of a …

Go to article

Aggregate Online Brand Name Pharmacy Price Dynamics For The United States And Mexico, Thomas M. Fullerton Jr., Steven L. Fullerton May 2022

Aggregate Online Brand Name Pharmacy Price Dynamics For The United States And Mexico, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

Virtual cross-border medical tourism allows many residents in the United States to purchase brand name medicines from companies in Mexico without travelling there. Monthly economic reports indicate that the online brand name pharmaceutical product prices in Mexico are noticeably lower than the corresponding internet prices in the United States. There have been very few econometric studies on how these prices are linked and the dynamic nature of those relationships. Results in this study indicate that online medicine prices in Mexico respond very rapidly to online prices changes in the high-price market.

Go to article

Variation And Efficiency Of High-Frequency Betas, Congshan Zhang, Jia Li, Viktor Todorov, George Tauchen May 2022

Variation And Efficiency Of High-Frequency Betas, Congshan Zhang, Jia Li, Viktor Todorov, George Tauchen

Research Collection School Of Economics

This paper studies the efficient estimation of betas from high-frequency return data on a fixed time interval. Under an assumption of equal diffusive and jump betas, we derive the semiparametric efficiency bound for estimating the common beta and develop an adaptive estimator that attains the efficiency bound. We further propose a Hausman type test for deciding whether the common beta assumption is true from the high-frequency data. In our empirical analysis we provide examples of stocks and time periods for which a common market beta assumption appears true and ones for which this is not the case. We further quantify …

Go to article

The Optimal Cross-Border Network Structure Of Chinese Commercial Banks — An Analysis Based On The New Structural Economics And New Structural Finance Theory, Hongjie Gu Apr 2022

The Optimal Cross-Border Network Structure Of Chinese Commercial Banks — An Analysis Based On The New Structural Economics And New Structural Finance Theory, Hongjie Gu

Fordham Dissertations and Theses

With the unprecedented global economic integration, the internationalization of commercial banks (CBs) in a country or region can be closely related to the stability and prosperity of the world economy. The internationalization of Chinese CBs has turned out a non-negligible trend, particularly the big four state-owned CBs. The acceleration of “going global” has enabled Chinese CBs to exert an increasing influence on the world economy. This dissertation applies New Structural Economics theory (NSE) through the “one analysis and three inductions” methodology to analyze the evolution of the cross-border network structure adopted by CBs in the internationalization process. In this dissertation, …

Go to article

Infrastructure Investment And European Economic Growth, John Ziolo Apr 2022

Infrastructure Investment And European Economic Growth, John Ziolo

Global Tides

As the global economy continues to recover from the impacts of Covid-19, there is significant discussion among policymakers as to the best mechanisms to stimulate recovery. One of those mechanisms is infrastructure investment. There is a large contingent of policymakers who believe that large, immediate spending on infrastructure will lead to significant economic growth. While another group is concerned about the secondary effects of such large government spending packages. With global economies still digging out of the covid shock and supply chains struggling to keep up with demand, there is no better time to explore the topic. This paper then …

Go to article

Indian Statistical Institute Placement Brochure 2021-2022, Indian Statistical Institute Apr 2022

Indian Statistical Institute Placement Brochure 2021-2022, Indian Statistical Institute

Poster and Presentations

The Placement Cell at the ISI Delhi Centre presents a comprehensive information brochure detailing the placement opportunities for outgoing students during 2021–2022. It outlines the placement process for M.Stat and MS-QE students at ISI Delhi. Respective companies should inform the Placement Committee of the final selected candidates, preferably within a day or two.

Go to article

New York Camp Econometrics Xvi Program, Center For Policy Research Apr 2022

New York Camp Econometrics Xvi Program, Center For Policy Research

Camp Econometrics-Programs

No abstract provided.

Go to article

The Effect Of Income On Healthy Food Options, Hannah M. Doherty Apr 2022

The Effect Of Income On Healthy Food Options, Hannah M. Doherty

Undergraduate Economic Review

This paper explores the effect of income per capita on the number of grocery stores and fast-food franchises in an area. Using a panel dataset to allow for the inclusion of every county in the United States across a period of three years, the results suggest that the income per capita of a county significantly impacts the number of grocery stores and fast-food restaurants in the area. Other factors such as education, age, and attributes regarding time constraints also play an important role in determining the number of grocery stores and fast-food franchises in a location.

Go to article

The Effect Of Minimum Wage Increases On Employment Of Teenagers In New England, Felicia O’Reilly Apr 2022

The Effect Of Minimum Wage Increases On Employment Of Teenagers In New England, Felicia O’Reilly

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the relationship between increasing minimum wage and the number of hours that teenagers ages 15-19 work in New England states during the years 2002- 2019. In these years, all New England states have had various minimum wage rates, this paper will use feasible general least squares state-level panel data analysis to see if there is a positive or negative impact on teenage employment due to increases in minimum wage. Data was collected from the Current Population Survey, the American Community Survey, and state census data, and used with an equation derived by Zavodny (2000). State-level panel data …

Go to article

A Panel Data Analysis Of The Effects Of Macroeconomic Variables On Income Inequality In Latin American Countries, Scott Poretsky Apr 2022

A Panel Data Analysis Of The Effects Of Macroeconomic Variables On Income Inequality In Latin American Countries, Scott Poretsky

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the relationship between inflation, trade, unemployment, education, and economic growth on income inequality in the South American OECD countries (Chile, Costa Rica, Colombia, Mexico, Argentina, Brazil, and Peru). While Argentina, Brazil, and Peru are not official OECD countries, they have a working relationship with OECD and have taken the first steps toward initiation in OECD. The variable that represents income inequality is the Gini Index World Bank estimator, and the variable that represents economic growth is GDP. This paper uses a panel data set from 2006 to 2020. The results of this study show that trade percentage, …

Go to article

International Integration And Export-Led Growth In Latin America: A Panel Data Analysis, James Titus Apr 2022

International Integration And Export-Led Growth In Latin America: A Panel Data Analysis, James Titus

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the potential determinants for international integration and effects of export-led growth in Latin American countries to determine the most effective measure of growth in the countries. The study incorporates information asymmetry into a GDP per capita growth model to examine the influence of openness, human capital, export diversity, and more. While examining data from World Bank development indicators, it has been shown that there are at least nine different variables that provide relevant data to create a functional model. The results show that there are many applicable determinants that can be used in the model without over-correlation. …

Go to article

Effectiveness Of Aid: Panel Data Analysis Of Foreign Aid In Africa, Will Bittrich Apr 2022

Effectiveness Of Aid: Panel Data Analysis Of Foreign Aid In Africa, Will Bittrich

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the effectiveness of international foreign aid flows into the continent of Africa. The study incorporates economic information into an econometric model to examine the influence of variables including natural resources, types of government, corruption, and education. The influence of gender equality and rule of law in relation to developed countries is factored in through a dependent variable. These findings provide an analysis on the efficiency of foreign aid and its effects on economic development in the region.

Go to article

A Panel Data Analysis On Income Inequality On Life Expectancy In Asia, Julianna Flaccavento Apr 2022

A Panel Data Analysis On Income Inequality On Life Expectancy In Asia, Julianna Flaccavento

Empirical Economic Bulletin, An Undergraduate Journal

This paper aims to investigate the possibility of interdependence between income and life expectancy in countries across Asia. The study looks at the difference of life expectancies for men, women, and the two genders combined. We also looked at how health could have an impact on the model. We ran a fixed and random effect model on our panel data. We then ran the fixed and random effect model on the countries separated by income levels which we separated into low, middle, and high. The results show that the fixed effect was significant in Asia on both males and females …

Go to article

The School-To-Prison Pipeline: A Panel Data Analysis, Samuel Guider Apr 2022

The School-To-Prison Pipeline: A Panel Data Analysis, Samuel Guider

Empirical Economic Bulletin, An Undergraduate Journal

The objective of this paper is to analyze the potential affect public-school funding has on juvenile incarceration rates in the United States using a panel series data set from 2000 until 2020. The United States has the highest per capita incarceration rates among 114 other members of the Organization of Economic Co-operation and Development (OECD), with 639 individuals for every 100,000 are incarcerated in the United States. This papers aims to use explanatory variables like race (black and white), sex, age, arrests, educational attainment, and rates of school attendance to further help in answering if an increase in public spending …

Go to article

The Empirical Analysis Of Motherhood Penalty: The Effect Of Having Children On Women’S Career, Madison Henry Apr 2022

The Empirical Analysis Of Motherhood Penalty: The Effect Of Having Children On Women’S Career, Madison Henry

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the motherhood penalty as well as the fatherhood bonus. The Motherhood penalty is a phenomenon by which women’s pay decreases once they become mothers. The fatherhood bonus refers to the advantages that working fathers get in terms of pay and perceived competence in comparison with working mothers and childless men. This study incorporates information on the effect a child has on a mother’s income verse that of a father’s, while also measuring how a woman’s income is affected after having a child comparatively to that of a childless woman’s. The results show that the income of Mother’s …

Go to article

An Empirical Analysis On Disparities In Access To Healthcare In New York City, Olivia Lemire Apr 2022

An Empirical Analysis On Disparities In Access To Healthcare In New York City, Olivia Lemire

Empirical Economic Bulletin, An Undergraduate Journal

Healthcare access varies across demographics. Access to healthcare is a strong determinant of health of individuals in New York City. There are a wide range of disparities in health care access for People of Color. Determinants of insurance include race, sex, education status, marital status, whether an individual has children. White individuals, specifically White females have the highest rate of insurance, while Latinx males have the lowest rate of insurance.

Go to article

Panel Data Analysis: Gender Wage Gap And Macroeconomic Factors Impacts, Yuzhe Lin Apr 2022

Panel Data Analysis: Gender Wage Gap And Macroeconomic Factors Impacts, Yuzhe Lin

Empirical Economic Bulletin, An Undergraduate Journal

This paper study the relationship between the gender wage gaps and macroeconomic factors that would impact them. The paper use panel data with data collected from OCED and World Bank WDI Indicator. The results show that the difference between female and male life expectancy, import, and female labor participation has a positive impact on the gender wage gap. FDI and Women business and law index score has a negative impact the gender wage gap.

Go to article

First Prev Next Last