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Full-Text Articles in Macroeconomics
Yearly Changes In Education Expenditure And Changes In Student Performance, Dale A. Manzo
Yearly Changes In Education Expenditure And Changes In Student Performance, Dale A. Manzo
Undergraduate Economic Review
Using data from the state of Florida in the 2000s, we dispute the findings of the Coleman report. We find that there is a positive relationship between changes in expenditure per pupil and changes in academic performance. This study takes advantage of changes in expenditure resulting from the Great Recession to formulate a quasi-experimental analysis of the relationship between expenditure per pupil and academic performance. Our conclusion is consistent with the theory of decreasing marginal returns to expenditure on education.
Measuring Health Outcomes Of Uncovered Employment: A Study Of Income, Social Mobility, Equality, And Health Indicators In An Under-Looked Segment Of The Labor Force, Zakariya Kmir
Undergraduate Economic Review
Economists have strongly supported the idea that unemployment causes many undesirable health outcomes. However, how does belonging to a different sector of employment tied closely to changes in minimum wage and inflation relate to overall health? To properly understand the numerical significance of health disparities in the uncovered sector of employment, this research is targeted at quantifying the relationship between the insured and non-insured within the uncovered sector. By substantiating the existence of severe health disparities as a function of the labor force dynamic, this research subsequently estimates the amount of inefficiency and negative health outcomes in the US economy …
The Spanish Export Led Recovery, David Wagner
The Spanish Export Led Recovery, David Wagner
Undergraduate Economic Review
I researched the export-led recovery currently taking place in Spain. My thesis revolved around Mariano Rajoy and the Popular Party coming into power in 2011 and instituting reforms in three distinct categories; financial market reforms, fiscal measures, and labor market reforms. These reforms have had a significant impact in restoring credibility in Spain's capital markets and decreasing unit labor costs. In turn, Spain has shown impressive export growth in the past two years, especially compared to its neighbors Italy and France.
The Phillips Curve In The 1990s, Hayden Smith
The Phillips Curve In The 1990s, Hayden Smith
University Avenue Undergraduate Journal of Economics
This paper will explore whether or not the Phillips curve relationship exists for the 1990s. I will attempt to estimate a Phillips curve for the past decade using data for the United States. In section two, I will explain the theory behind the Phillips curve and how the theory has evolved. In section three, I will present a literature review discussing previous research and results. Section four will present my empirical model and data. In section 5, I will present my results and discuss econometric problems such as serial correlation that may lead to biased estimates. In section six I …