The Effect Of Public Pension Wealth On Saving And Expenditure,
2017
W.E. Upjohn Institute for Employment Research
The Effect Of Public Pension Wealth On Saving And Expenditure, Marta Lachowska, Michał Myck
Upjohn Institute Working Papers
This paper examines the degree of substitution between public pension wealth and private saving by studying Poland’s 1999 pension reform. The analysis identifies the effect of pension wealth on private saving using cohort-by-time variation in pension wealth induced by the reform. The estimates, which are based on the 1997–2003 Polish Household Budget Surveys, show that 1 Polish zloty (PLN) less of pension wealth increases household saving by 0.3 PLN. Among highly-educated households, pension wealth and private saving appear to be close substitutes.
Investigating A Modern Midwestern Crisis: The Economy And Opioid Overdose Death In Ohio,
2017
George Washington University
Investigating A Modern Midwestern Crisis: The Economy And Opioid Overdose Death In Ohio, Anna M. Gagliardo
Undergraduate Economic Review
This paper examines the effect of local economic factors on the amount of opioid overdose deaths across counties in Ohio. Ohio leads the nation in opioid overdose deaths. The data examined spans all 88 counties of Ohio and compares 2009 and 2013 data, relying predominantly on Ohio Department of Health and US Census American Community Survey data. Using two linear regression models, I demonstrate that there is a significant correlation between insured rates and opioid overdose deaths in 2009 as well as a significant correlation between poverty rates and opioid overdose death rates in Ohio in 2013. Additionally, I show …
Advancing Rationality With Sustainability: An Analysis Of Agent-Based Simulation,
2017
Portland State University
Advancing Rationality With Sustainability: An Analysis Of Agent-Based Simulation, Osman Goktug Tanrikulu
Hatfield Graduate Journal of Public Affairs
Today, falling trends of species and ecosystem in the world due to overconsumption and destruction of natural resources are at critical levels. It is vital for humanity to operate with sustainable and resilient modes of production and consumption. In this regard, this paper examines the basic premise of rationality and introduces sustainability as an advancement to the theoretical concept of rationality. Thus, a rational mindset and a sustainable mindset are compared under depletion of environmental resources. The understanding of rationality in the analysis is based on Garett Hardin’s (1968) ‘the tragedy of the commons’ model, in which actors are self-interested …
The Market Transfer Effect In The Hawaiian Longline Fishery: Why Correlation Does Not Imply Causation,
2017
Middlebury Institute of International Studies
The Market Transfer Effect In The Hawaiian Longline Fishery: Why Correlation Does Not Imply Causation, Jason D. Scorse, Shaun Richards, Philip King
Journal of Ocean and Coastal Economics
A lot of discussion and controversy has surrounded whether the “market transfer” effect in the Hawaii longline swordfish fishery occurred during the swordfish closure of 2001-2004, because of its potential impacts on sea turtle mortality. The primary academic work in support of the market transfer effect during the closure is a paper by Rausser et al. (2009): “Unintended Consequences: The Spillover Effects of Common Property Regulations.” In this paper, the authors claim to find evidence in support of the market transfer hypothesis.To our knowledge, no analysis has yet been undertaken to assess whether this analysis is sound, and yet it …
Incentives And Ethics In The Economics Of Body Parts,
2017
University of Toronto
Incentives And Ethics In The Economics Of Body Parts, Nicola Lacetera
Osgoode Hall Law Journal
Research shows that properly devised economic incentives increase the supply of blood without hampering its safety; similar effects may be expected also for other body parts such as bone marrow and organs. These positive effects alone, however, do not necessarily justify the introduction of payments for supplying body parts, because these activities concern contested commodities or repugnant transactions. Societies may want to prevent these transactions even if they increase supply, because of ethical concerns. When transactions involve contested commodities, therefore, there often is tension between the efficiency-enhancing effects of trades mediated by a monetary price and the moral opposition to …
Everybody Wants To Belong: Comparing The Relative Impact Of Social Capital On Happiness At An International Level,
2017
Lawrence University
Everybody Wants To Belong: Comparing The Relative Impact Of Social Capital On Happiness At An International Level, Elana Lambert
Lawrence University Honors Projects
Subjective well-being has become increasingly more important as a guide for policy and welfare. This paper uses data from the World Bank Indicators and the World Values Survey to look at the intricate relationship between subjective well-being data, social capital, and the relative nature of human happiness. Subjective well-being data has recently become widely accepted in economics research and analyzed using econometric methods. In this study, I look at specific aspects of social capital across countries to easily compare individuals within countries with a standardized scale. I look at economic determinants and social capital determinants and their impact on happiness. …
Social Innovation, Gender, And Technology: Bridging The Resource Gap,
2017
Rollins College
Social Innovation, Gender, And Technology: Bridging The Resource Gap, Tonia Warnecke
Faculty Publications
Some of the most important resources are intangible, such as knowledge and access to networks. In the developing world, technology can facilitate these resources and address basic human needs in a variety of ways: from provision of farmer training and cloud-controlled clean water systems to health information and mobile money services. Some of these services expand access to resources in ways that particularly benefit women. In environments where women are disadvantaged socially and economically, information and communications technologies (ICT) can enable women to access valuable information, consider a broader range of business opportunities, access wider markets, partake in educational programs, …
A Dual-Role Analysis Of Game Form Misconception And Cognitive Bias In Financial And Economic Decision Making,
2017
University of New Orleans
A Dual-Role Analysis Of Game Form Misconception And Cognitive Bias In Financial And Economic Decision Making, Chinedum D. Nwadiora
LSU New Orleans Theses and Dissertations
The endowment and the framing effect are widely examined cognitive biases. The experimental economics literature, using choice data gathered through an elicitation device, commonly finds evidence of these biases. Recent work by Cason & Plott (2014) shows that the interpretation of choice data as consistent with biases related non-standard preference theory could also be consistent with confusion or misconception of the game type used to elucidate preferences. I use the Cason and Plott card auction framework to analyze offers of buyers and sellers in an experimental setting with subjects from the University of New Orleans simulating 97 sellers and 90 …
Do Marketing Strategies Impact Condom Sales In Uganda?,
2017
The University of San Francisco
Do Marketing Strategies Impact Condom Sales In Uganda?, Meyhar Mohammed
Master's Theses
What attracts people to buy condoms? HIV/AIDS remain one of the biggest health dangers of the world, especially in Sub-Saharan Africa. A lot of efforts have been pursued in the past two decades to drastically reduce prevalence of HIV and increase awareness about preventive mechanisms. In order to prevent relapse of success achieved so far, it is important to recognize transformation of consumer behavior due to growth in social networks, education and awareness over time. There are a lot of behavioral triggers captured by social marketing interventions in the field of public health. In an attempt to investigate the role …
Competitive Mothers: An Experimental Study Of Female Competitiveness And Polygamy In Togo (West Africa),
2017
The University of San Francisco
Competitive Mothers: An Experimental Study Of Female Competitiveness And Polygamy In Togo (West Africa), Aminata Cissokho
Master's Theses
Are women in a patriarchal society like Togo as competitive as men? How does being a parent, in a polygamous vs. monogamous marriage and having high income affect one’s willingness to compete? With an incentivized experiment, we explore whether there are gender differences in selecting into competitive environments, especially when the incentives switch from cash to voucher. This experiment is conducted in Togo, West Africa, with 428 subjects including females-males, parent-non parent. Overall, the findings reveal no significant differences between the females and males’ willingness to compete. Female parents are more competitive than male parents regardless of the incentive. Subjects …
Goal Effectiveness In Achieving Educational Outcomes: Experimental Evidence From 9th Graders In Medellin, Colombia,
2017
University of San Francisco
Goal Effectiveness In Achieving Educational Outcomes: Experimental Evidence From 9th Graders In Medellin, Colombia, Daniel Salicath, Alessandra Cassar
Master's Theses
Does goal setting among low-income ninth graders leads to higher average goal achievements of educational outcomes? This question is explored by a field experiment motivated by the acknowledged California-based Family Independence Initiative (FII), to analyze the effectiveness of individual goal setting, incentives and self-help groups on the achievement of educational goals. By randomizing treatments and control with the cooperation of the Secretary of Education in Medellin, different classrooms were assigned to five different experimental groups that met systematically for five months. The results show that goal setting is a cost-effective method to help low-income students achieve educational outcomes. Setting a …
Aspirations As A Component Of Life Satisfaction: A Look At Female Microfinance Borrowers In Oaxaca, Mexico,
2017
University of San Francisco
Aspirations As A Component Of Life Satisfaction: A Look At Female Microfinance Borrowers In Oaxaca, Mexico, Joseph E. Kemler
Master's Theses
This research is an extension to the Oaxaca Hope Project by B. Wydick and T.J. Lybbert. How does an individual gauge her own satisfaction with life? Previous research has noted that many domains make up overall life satisfaction, i.e. career satisfaction, family life satisfaction & social life satisfaction. A burgeoning topic in this regard is the role that aspirations play in life satisfaction. Using survey data from female microfinance borrowers in Oaxaca, Mexico this project attempts to analyze the affect previous aspirations have on life satisfaction. By creating an “aspirational window” we objectively attempt to gauge the relationship between “high” …
Generating Prevalence Estimates Of Sensitive Behaviors Through List Randomization: Survey Experiment Among Indian Males,
2017
University of San Francisco
Generating Prevalence Estimates Of Sensitive Behaviors Through List Randomization: Survey Experiment Among Indian Males, Abha Indurkar
Master's Theses
Survey respondents may under-report or misreport sensitive behaviors due to social desirability bias. List randomization is an indirect way of asking questions which allows respondents to answer sensitive questions without the surveyor knowing their actual response. This has emerged as a new technique to ask sensitive questions as it reduces respondent’s discomfort while reporting sensitive behaviors. In this study, we apply list randomization to generate prevalence estimates of sensitive behaviors and perception related to homosexuality, molestation of women and notion of partner purity in the sample of young, college educated Indian males. Our findings are consistent with the literature on …
Ambiguity Aversion: Adoption, Uptake, And Trends,
2017
The University of San Francisco
Ambiguity Aversion: Adoption, Uptake, And Trends, Adam Franklin
Master's Theses
What is ambiguity aversion and what is its role as a determinant of technology adoption? This study develops and implements a novel ambiguity preference instrument in the context of an ongoing RCT pilot program in southwest Uganda promoting adoption of an improved variety of sweet potato. No correlation between ambiguity aversion and crop adoption is observed, although it is suspected that RCT treatment arms including supply- and demand-side information reduced the ambiguity of the new variety, probably overcoming any ambiguity-preference-related constraints and clouding the picture. Methodological lessons learned regarding the development and implementation of an apporopriate ambiguity preference measure point …
Unemployment, Does It Really Hurt?,
2017
CUNY Hunter College
Unemployment, Does It Really Hurt?, Claudia Vargas
Theses and Dissertations
This paper analyzes the consequences of changes in the unemployment rate in Colombia on the level of education attained for adolescents. Increases in the unemployment rate are associated with an increase in the average number of years of education. No significant effect was found for men of the same age.
How To Measure Well-Being At Work And Why It Matters,
2017
Singapore Management University
How To Measure Well-Being At Work And Why It Matters, Singapore Management University
Perspectives@SMU
Supported staff are key drivers of high performing workplaces
Exploring Investor Attention In Financial Models,
2017
Bryant University
Exploring Investor Attention In Financial Models, Anna Rodier
Honors Projects in Finance
The purpose of this study is to investigate whether stock prices are influenced by investor attention and how this, in turn, can be used to better advise the financial decisions of the everyday investor. Using weekly adjusted close data, weekly traded volumes, and weekly company searches using Google Trends, I tested my hypothesis that including the frequency of company searches, found through consumers using Google, in financial models will help better predict stock returns. Using S&P 500 company data from February 2012 to February 2017, frequency is a better predictor of price in comparison to trading volumes. But, to maximize …
A Process For Field Studies In Behavioral Economics,
2017
University of Rhode Island
A Process For Field Studies In Behavioral Economics, Victoria Ferraro
Senior Honors Projects
Field experiments enable economists to test whether theory adequately captures behavior in natural settings, or whether evidence supports reevaluating the reasoned abstractions comprising the theory. Economics, and social science more generally, has increasingly valued the evidence provided by field studies. These studies typically require a relationship with an external partner site providing the environment for the study, but existent research offers little guidance for developing these relationships and designing procedures for effective collaboration. The purpose of this paper is to provide greater insight into what is necessary to conduct field experiments in economics, particularly behavioral economics in private market settings. …
Consequences Of Information Asymmetry On Corporate Risk Management,
2017
Buffalo State
Consequences Of Information Asymmetry On Corporate Risk Management, Howard J. Merrill Iii
Applied Economics Theses
This paper will demonstrate the impact information asymmetry has on risk management. There is a noticeable impact within the context of consumer credit risk. If a firm is able to recognize this, they can make improved credit decisions that will reduce the consequences. The theoretical impact will be presented while depicting areas of risk management that are susceptible to information asymmetry. We find a direct impact on the development of scoring models, credit policies, and origination volume. These results hold for banks with portfolios consisting of consumer credit products and small business loans. Once known, banks can better tailor their …
Behavioral Economics And The Effects Of Psychology On The Stock Market,
2017
SUNY Buffalo State University
Behavioral Economics And The Effects Of Psychology On The Stock Market, Justin L. Nagy
Applied Economics Theses
The purpose of this thesis is to study the contributions behavioral economics and finance have had on the understanding on how the stock market works. The idea that psychology plays a role in influencing the stock market can be dated back to Adam Smith who wrote about individual’s behavior in his work Theory of Moral Sentiments. It wasn’t until the latter half of the 20th century that behavioral economics became accepted as a counter to Eugene Fama’s widely accepted theory of Efficient Market Hypothesis. This paper will analyze the development of behavioral economics, review the main contributors to the field …
