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2017

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Articles 91 - 117 of 117

Full-Text Articles in Other Economics

The Effects Of Foreign Aid On Income Inequality In Africa, Sierra Moore Jan 2017

The Effects Of Foreign Aid On Income Inequality In Africa, Sierra Moore

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the correlation between donations of foreign aid given to African countries and the income inequality, measured using the Gini coefficient, within those countries. A panel method is used in order to analyze trends in a number of countries over a period of time. The independent variables in this study are official developmental assistance, income group, inflation measured by CPI, polity, GDP per capita growth, and population growth. The results of this study show a negative relationship between foreign aid and income inequality, which is consistent with recent studies on the effectiveness of aid.

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The Effects Of Tax Rates, Technology, And Quality Of Life On Standard Of Living In Developed Countries, Benjamin Jackson Jan 2017

The Effects Of Tax Rates, Technology, And Quality Of Life On Standard Of Living In Developed Countries, Benjamin Jackson

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the relationship between tax rates, technology, and the quality of life on the standard of living in developed countries over time. The study uses an econometric model to understand and quantify these relationships. Standard of living will be measured by PPP GDP in this study. The results show the most significant variables that impact the standard of living are life expectancy at birth, openness to trade, the domestic savings rate, and corruption.

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Education Spending And The Lottery In The Western United States: A Panel Data Analysis, Erica Vendituoli Jan 2017

Education Spending And The Lottery In The Western United States: A Panel Data Analysis, Erica Vendituoli

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the relationship between the existence of a state lottery and state education spending. When consumers participate in the lottery, it is often with the assumption that even if they lose, their money will be contributed to state funded programs like education. This study looks at ten states in the west that have a variety of lottery circumstances. Both education expenditure as a percent of total state expenditure and per pupil aid are used to measure education funding. This research also incorporates multiple independent variables to fully capture the determinants of education spending. The results of this study …

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The Effects Of The Affordable Care Act’S Individual Mandate On Ethnic And Racial Minorities, Zack Cyr Jan 2017

The Effects Of The Affordable Care Act’S Individual Mandate On Ethnic And Racial Minorities, Zack Cyr

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the quantitative impact of the Affordable Care Act’s (ACA) individual mandate on health insurance coverage rates. This study will include race, ethnicity, and immigration status into a conventional model for predicting insurance coverage rates. This will illustrate the groups in the US population that may have been most influenced by the individual mandate, and potentially experienced the largest changes in coverage rates under the ACA. The data utilized in this research is in two pools, 2010-2011 and 2013-2014, as these are the years preceding the ACA’s implementation and directly after. The results reveal that while there was …

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Effects Of Globalization On Inequality In Latin America, Andrew T. Kebalka Jan 2017

Effects Of Globalization On Inequality In Latin America, Andrew T. Kebalka

Empirical Economic Bulletin, An Undergraduate Journal

This paper explores the relationship between globalization and inequality in Latin American countries. The study uses a number of different globalization indicators in conjunction with the globalization index developed by Dreher (2006). The study works to identify whether globalization has effect income equality and whether specific components of globalization have a greater magnitude of impact on inequality over others within the region. The conclusion of the study is that GDP per capita, foreign direct investment, and trade intensity have the greatest effects on income inequality.

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Banking Subsector Output And Real Gdp Growth In The United States: A Time Series Analysis, Alexander Ellwanger Jan 2017

Banking Subsector Output And Real Gdp Growth In The United States: A Time Series Analysis, Alexander Ellwanger

Empirical Economic Bulletin, An Undergraduate Journal

This study investigates which variables in the banking subsector in the United States may have a statistically significant relationship with Real GDP. Taking into consideration the Bureau of Economic Analysis method of calculating banking output from 2004, this study carefully evaluates key variables that contribute to the banking sector and whether these key variables are statistically significant in any way that can help guide investors, policymakers, and the government in the growing challenge to maintain economic stability in the United States. This study found that there was a statistically significant relationship between Tier 1 Risk Based Capital and Real GDP …

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Corruption’S Impact On Government Health And Education Expenditures, Shaun Rolph Jan 2017

Corruption’S Impact On Government Health And Education Expenditures, Shaun Rolph

Empirical Economic Bulletin, An Undergraduate Journal

The purpose of this paper it to identify how corruption can impact government expenditures, specifically education as a percentage of GDP, educational as a percentage of total government expenditures, health as a percentage of GDP, and health as a percentage of total government expenditures. The independent variables in which will be used for this model are: Corruption Perception Index, Worldwide Governance Indicators, and Polity IV. Through the time period of 2005 to 2014, this research is a global panel study that looks at income group and regional analysis. Comparisons will be made from the correlation of the variables between country …

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2017 Updated Tables And Charts For Ec 845 Nebraska Cash Soybean Prices And Basis Patterns, Cory Walters, Jessica J. Groskopf Jan 2017

2017 Updated Tables And Charts For Ec 845 Nebraska Cash Soybean Prices And Basis Patterns, Cory Walters, Jessica J. Groskopf

Extension Farm and Ranch Management News

No abstract provided.

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2017 Updated Tables And Figures For Ec 846 Nebraska Cash Corn Prices And Basis Patterns, Cory Walters, Jessica J. Groskopf Jan 2017

2017 Updated Tables And Figures For Ec 846 Nebraska Cash Corn Prices And Basis Patterns, Cory Walters, Jessica J. Groskopf

Extension Farm and Ranch Management News

No abstract provided.

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2017 Updated Tables And Figures For Ec 844 Nebraska Wheat Prices And Basis Patterns, Cory Walters, Jessica J. Groskopf Jan 2017

2017 Updated Tables And Figures For Ec 844 Nebraska Wheat Prices And Basis Patterns, Cory Walters, Jessica J. Groskopf

Extension Farm and Ranch Management News

No abstract provided.

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Happiness Index Methodology, Laura Musikanski, Scott Cloutier, Erica Bejarano, Davi Briggs, Julia Colbert, Gracie Strasser, Steven Russell Jan 2017

Happiness Index Methodology, Laura Musikanski, Scott Cloutier, Erica Bejarano, Davi Briggs, Julia Colbert, Gracie Strasser, Steven Russell

Journal of Sustainable Social Impact

The Happiness Index is a comprehensive survey instrument that assesses happiness, well-being, and aspects of sustainability and resilience. The Happiness Alliance developed the Happiness Index to provide a survey instrument to community organizers, researchers, and others seeking to use a subjective well-being index and data. It is the only instrument of its kind freely available worldwide and translated into over ten languages. This instrument can be used to measure satisfaction with life and the conditions of life. It can also be used to define income inequality, trust in government, sense of community and other aspects of well-being within specific demographics …

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Happiness In Communities: How Neighborhoods, Cities And States Use Subjective Well-Being Metrics, Laura Musikanski, Carl Polley, Scott Cloutier, Erica Berejnoi, Julia Colbert Jan 2017

Happiness In Communities: How Neighborhoods, Cities And States Use Subjective Well-Being Metrics, Laura Musikanski, Carl Polley, Scott Cloutier, Erica Berejnoi, Julia Colbert

Journal of Sustainable Social Impact

This essay, the fourth and last of a series published by the Journal of Social Change, is intended as a tool for community organizers, local policy makers, researchers, students and others to incorporate subjective well-being indicators into their measurements and management of happiness and well-being in their communities, for policy purposes, for research and for other purposes. It provides case studies of community-based efforts in five different regions (São Paulo, Brazil; Bristol, United Kingdom; Melbourne, Australia; Creston, British Columbia, Canada; and Vermont, United States) that either developed their own subjective well-being index or used the Happiness Alliance’s survey instrument …

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Explaining The Rise Of Isis, Anas Alqaed Jan 2017

Explaining The Rise Of Isis, Anas Alqaed

Political Science Theses and Capstones

In this paper I study the circumstances that led to the rise the Islamic State in Iraq and Syria (ISIS/Daesh) and its economic power. I use articles, testimonies before US House of Representatives and analyze economic data to generate facts and draw conclusions. All references rely on primary source documents that were not released in an official capacity by ISIS. These are documents that have been released online by pro or anti-ISIS activists or information that was gathered and analyzed by research centers and international organizations. It is worth noting that non-officially released documents were very helpful in shedding more …

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Impact Of Network Externality On End-User Piracy: Revisited, Sougata Poddar, Yuanzhu Lu Jan 2017

Impact Of Network Externality On End-User Piracy: Revisited, Sougata Poddar, Yuanzhu Lu

Economics Faculty Articles and Research

We revisit the issue whether a strong presence of network externality in the digital products market could be a reason for the copyright holders to allow piracy. We find that except under a limited circumstance this is not true in a framework that involves IPR protection and copyright holder's costly effort to prevent piracy. We further show that as the degree of network externality increases, the strategic piracy deterrence level of the copyright holder increases and the actual rate of piracy decreases.

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Does Increased Access To The Arts In High Schools In The Los Angeles Unified School District Affect Graduation Rates?, Elizabeth K. Gile Jan 2017

Does Increased Access To The Arts In High Schools In The Los Angeles Unified School District Affect Graduation Rates?, Elizabeth K. Gile

Scripps Senior Theses

Determining whether the arts are beneficial to a student’s education is a widely, and hotly debated topic every year in the United States, with many studies published each year demonstrating the impact that the arts have on various educational outcomes, from increased test scores to higher graduation rates. This paper examines previous research on the efficacy of incentives and how students’ participation in extracurricular activities, from sports to the arts, could impact graduation rates. It also develops a model for analyzing the present value of a high school education to a student using a discounted present value analysis and conducts …

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Cognitive Performance Across The Life Course Of Bolivian Forager-Farmers With Limited Schooling, Michael Gurven, Eric Fuerstenberg, Benjamin C. Trumble, Jonathan Stieglitz, Bret Beheim, Helen Davis, Hillard Kaplan Jan 2017

Cognitive Performance Across The Life Course Of Bolivian Forager-Farmers With Limited Schooling, Michael Gurven, Eric Fuerstenberg, Benjamin C. Trumble, Jonathan Stieglitz, Bret Beheim, Helen Davis, Hillard Kaplan

ESI Publications

Cognitive performance is characterized by at least two distinct life course trajectories. Many cognitive abilities (e.g. “effortful processing” abilities including fluid reasoning, and processing speed) improve throughout early adolescence and start declining in early adulthood, while other abilities (e.g. “crystallized” abilities like vocabulary breadth) improve throughout adult life, remaining robust even at late ages. Although schooling may impact performance and cognitive “reserve”, it has been argued that these age patterns of cognitive performance are human universals. Here we examine age patterns of cognitive performance among Tsimane forager-horticulturalists of Bolivia, and test whether schooling is related to differences in cognitive performance …

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Taking Good Works To The Next Level: Increasing Investment In And Support For Higher-Risk Innovation, Jessie Capper Jan 2017

Taking Good Works To The Next Level: Increasing Investment In And Support For Higher-Risk Innovation, Jessie Capper

CMC Senior Theses

This thesis explores the possible avenues available to corporations and capital-managing entities seeking to increase their commitment to good works. These organizations have the potential to fill the gap in societal needs by supporting and investing in good works, including environmental protection and highly-innovative energy technologies, beyond the traditional corporate social responsibility (CSR) norm. These means include charitable giving, working with disadvantaged communities, corporate assistance to environmental or other social non-governmental organizations, and more. This thesis discusses the advantages and limitations of various corporate structures (C Corporations, S Corporations, LLCs, B Corps, L3Cs, and benefit corporations) and capital-managing …

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Revenue Incentives And Referee Propensity To Make Foul Calls In The Nba Finals, Daniel Fallon-Cyr Jan 2017

Revenue Incentives And Referee Propensity To Make Foul Calls In The Nba Finals, Daniel Fallon-Cyr

CMC Senior Theses

In this study I examine foul calls by NBA referees alongside the difference in aggressiveness of twelve NBA basketball teams as they compete for the Championship Title. I aim to identify referee biases that increase the likelihood of the NBA Finals ending in a later game due to league revenue incentives. My data consists of 91 individual NBA Finals games played between the 2001 and 2016 NBA Finals. After controlling for changes in play as well as the difference in aggressiveness, I find that NBA referee’s foul calls are more dependent on a call on the opposing team in situations …

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A Problematic Business Model: The Effect Of Private Prisons On Arrests, Claire Donnelly Jan 2017

A Problematic Business Model: The Effect Of Private Prisons On Arrests, Claire Donnelly

CMC Senior Theses

Past work related to the private prison system has focused on direct comparisons between private and public facilities, including their respective quality, cost-effectiveness, and influence on recidivism. Using 2005 United States data compiled from a prison facility census, county census, and information on number of arrests by county, I examine the effect that the presence of private prisons has on the number of adult male arrests per county. Across four regression models, I initially find a significant effect of private prisons on arrests, but find that effect becomes insignificant once county and prison controls are accounted for. This suggests that …

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Bubbles In Experimental Asset Markets, Praveen Kujal, Owen Powell Jan 2017

Bubbles In Experimental Asset Markets, Praveen Kujal, Owen Powell

ESI Working Papers

"One can define a bubble as a persistent increase in the price of an asset over and above its fundamental value with an abrupt fall in prices when no buyers are available to make purchases. The occurrence of market bubbles has a long history, starting with the Dutch Tulip Mania (1624-1637) to the South Sea and Mississippi Bubble (1716-1720), the British Railway Mania (1840´s) to the crash of 1929. Recent events have been the crash of 1987, the dot-com bubble (1990s) to the most recent housing crisis in early 2000. Even though bubbles, and a subsequent crash, may reallocate resources …

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Humans’ (Incorrect) Distrust Of Reflective Decisions, Antonio Cabrales, Antonio M. Espín, Praveen Kujal, Stephen Rassenti Jan 2017

Humans’ (Incorrect) Distrust Of Reflective Decisions, Antonio Cabrales, Antonio M. Espín, Praveen Kujal, Stephen Rassenti

ESI Working Papers

Recent experiments suggest that social behavior may be shaped by the time available for decision making. It is known that fast decision making relies more on intuition whereas slow decision making is affected by reflective processes. Little is known, however, about whether people correctly anticipate the effect of intuition vs. reflection on others’ decision making. This is important in everyday situations where anticipating others’ behavior is often essential. A good example of this is the extensively studied Trust Game where the trustor, by sending an amount of money to the trustee, runs the risk of being exploited by the trustee’s …

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An Overview Of Sports Betting Regulation In The United States, Brad Humphreys Jan 2017

An Overview Of Sports Betting Regulation In The United States, Brad Humphreys

Economics Faculty Working Papers Series

The United States employs an ad hoc, unconventional method of regulating sports betting, banning it almost everywhere while granting a monopoly to firms in a single state, Nevada. This approach encourages illegal sports betting markets, ignores negative externalities, and generates welfare losses among the large population of responsible recreational gamblers. I review the current state of sports betting regulation in the U.S. and assess its economic viability in advance of the Supreme Court of the United States decision on the landmark Christie v. National Collegiate Athletic Association case.

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Are Fair Weather Fans Affected By Weather? Rainfall, Habit Formation And Live Game Attendance, Qi Ge, Brad Humphreys, Kun Zhou Jan 2017

Are Fair Weather Fans Affected By Weather? Rainfall, Habit Formation And Live Game Attendance, Qi Ge, Brad Humphreys, Kun Zhou

Economics Faculty Working Papers Series

We analyze habit formation in sports attendance utilizing rainfall as an unexpected, transitory shock to attendance costs. Using attendance data from Major League Baseball (MLB) and NOAA weather data, we analyze the impact of variation in game day weather conditions on current and future MLB attendance. The empirical strategy permits identification of both the formation and persistence of habit from exogenous weather shocks. Past adverse weather shocks increase future attendance by about 200 fans per game. Our study contributes to the literature developing empirical evidence of habit formation in the field and provides policy implications for optimal ticket pricing strategies.

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A County By County Analysis Of Poverty In The State Of Georgia, Derrick S. Ramage, William Levernier Dr. Jan 2017

A County By County Analysis Of Poverty In The State Of Georgia, Derrick S. Ramage, William Levernier Dr.

Honors College Theses

The state of Georgia has one of the highest poverty rates of all the states in the United States. This study examines the causes of poverty in Georgia, using county-level data. The state of Georgia is one of the largest states in the Southeastern U.S. and is very diverse in terms of its mix of metropolitan and non-metropolitan counties, and its mix of agricultural and non-agricultural counties. The major focus of the paper is determining the effect that demographic, educational attainment, labor force, government assistance, and transportation characteristics of a county have on its poverty rate. The major findings of …

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Risk Preference, Time Preference, And Salience Perception, Jonathan Leland, Mark Schneider Jan 2017

Risk Preference, Time Preference, And Salience Perception, Jonathan Leland, Mark Schneider

ESI Working Papers

A model of decision making is introduced that provides a unified approach for predicting choices under risk and over time. The model predicts systematic departures from expected utility and discounted utility using the same mathematical structure and the same psychological intuition and shows that a dozen diverse choice anomalies can be given a common underlying explanation. The model weights attribute differences both by their importance (consistent with expected utility and discounted utility) and by their salience or similarity (consistent with procedural models based on heuristics), and so provides a bridge between rational and heuristic representations of decision making.

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A Flexible And Customizable Method For Assessing Cognitive Abilities, Andrea Civelli, Cary Deck Jan 2017

A Flexible And Customizable Method For Assessing Cognitive Abilities, Andrea Civelli, Cary Deck

ESI Working Papers

Raven's Progressive Matrices are a broadly used tool for measuring cognitive ability. This paper develops and validates a set of nonverbal puzzles that can be viewed as an extension of or substitute for the well-known Ravens tasks. Specifically, we describe the characteristics of our puzzles and provide a calibration of the matrices in terms of response accuracy and response time as a function of these characteristics. Then we directly compare within-subject performance on our puzzles and Ravens tasks. Finally, we replicate a previous experimental paper, substituting our puzzles for the Ravens matrices, and show the two tools have similar predictive …

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Minimal Frames And Transparent Frames For Risk, Time, And Uncertainty, Jonathan Leland, Mark Schneider, Nathaniel Wilcox Jan 2017

Minimal Frames And Transparent Frames For Risk, Time, And Uncertainty, Jonathan Leland, Mark Schneider, Nathaniel Wilcox

ESI Working Papers

It has been argued that behavior differs between transparent and nontransparent representations of a decision. However, the notion of a ‘transparent representation’ has not been precisely defined. We address this gap by providing formal definitions of ‘transparent frames’ for risk and time, establishing their uniqueness, presenting an approach to construct such frames, and comparing these framesto the ‘standard’ presentation format. Our typology of frames provides a logic for predicting systematic shifts in risk and time preferences as well as changes in the violation rates of rational choice theory. We conduct an experiment for choice under risk to investigate the framing …

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