Econometrics Commons^™

Spending Where It Matters: Exploring The Relationship Between Institutional Expenditures And Student Retention Rates At The California State University, Matias Farre

Electronic Theses, Projects, and Dissertations

It is anticipated that there will be a shortage of 1.1 million college-educated workers in California by 2030 (Johnson, Bohn, & Cuellar Mejia, 2016). Within this context, the California State University (CSU) is the principal source of skilled workers in the state, producing more career-ready candidates than any other single institution (“California State University 2018 Fact Book“, n.d.).

This study examined the relationship between student retention rates and institutional expenditures across the different functional categories of instruction, student services, academic support, and instructional support at the CSU. With the exception of student grants and scholarships, these selected expenditures represent the …

Reinventing The Wheel: Comparing Family Friendly Vegas And Adult Friendly Vegas Revenue Growth, James Vaughn

International Conference on Gambling & Risk Taking

The one constant for Las Vegas is change, always looking for the Next Big Thing™. In the 1990s, Las Vegas engaged in a grand experiment: roller coasters, amusement parks, family pools and shows. In the 2000s, Las Vegas reinvented itself back to its roots: condo not amusement parks, sensual not swashbuckling shows, topless European ultra-pools not kiddie pools. While the house always wins, did the casinos of the 1990s or 2000s beat the ultimate house, going beyond nominal revenue growth into the jackpot of real revenue growth?

The Long-Run Effects Of Tropical Cyclones On Infant Mortality, Isabel Miranda

Master's Theses

In the United States alone, each tropical cyclone causes an average of $14.6 billion worth of damages. In addition to the destruction of physical infrastructure, natural disasters also negatively impact human capital formation. These losses are often more difficult to observe, and therefore, are over looked when quantifying the true costs of natural disasters. One particular effect is an increase in infant mortality rates, an important indicator of a country’s general socioeconomic level. This paper utilizes a model created by Anttila-Hughes and Hsiang, that takes advantage of annual variation in tropical cyclones using annual spatial average maximum wind speeds and …

Are Menstrual Cycles A Biological Determinant Of Well-Being Amongst Sierra Leonean Schoolchildren?, Ashwini Shridhar

Master's Theses

The influence of hormones and biology on behavior is a topic that is rife with controversy, especially when it comes to sexual hormones. There is even more murkiness when it comes to the topic of menstruation and knowledge about women’s menstrual cycles. Recent research on this topic have seen a link between the hormonal fluctuations during menstrual cycles and various behavioral implications on competition, cooperation, and risk behavior. This study tries to expand existing knowledge by examining whether there is a link between hormonal fluctuations during menstrual cycles and risk preferential behavior using economic experiments in the largely understudied context …

Captive Nations: Measuring Economic Growth On Native American Reservations In California, Mahsa Ashabi

Master's Theses

A history of institutional oppression and genocide has shaped Native American communities across the United States today, reflected in large disparities of socioeconomic outcomes and infrastructure. Due to a lack of comprehensive data and macroeconomic research, alternative forms of spatial data and theories regarding human settlement are needed to develop an understanding ofthis stagnation. In our efforts to better understand growth on Native American reservations, we utilize nighttime lights data to proxy for economic output in these geographic areas, measuring the settlement characteristics ofreservations themselves and against surrounding U.S. regions. Through a series of log-log regressions that focus on Zipf’s …

Monetary Equilibrium And The Cost Of Banking Activity, Paola Boel, Gabriele Camera

ESI Working Papers

We investigate the effects of banks’ operating costs on allocations and welfare in a low interest rate environment. We introduce an explicit production function for banks in a microfounded model where banks employ labor resources, hired on a competitive market, to run their operations. In equilibrium, this generates a spread between interest rates on loans and deposits, which naturally reflects the underlying monetary policy and the efficiency of financial intermediation. In a deflation or low inflation environment, equilibrium deposits yield zero returns. Hence, banks end up soaking up labor resources to offer deposits that do not outperform idle balances, thus …

Empowering Female Entrepreneurs Through Mentorship In Medellin, Colombia: Results From The Field, Theresa Solenski

Master's Theses

Utilizing the power of local knowledge and peer networking, this study attempts to quantify the impacts of mentorship among female micro-entrepreneurs in Medellin, Colombia on empowerment. Developing countries such as Colombia have disproportionately high rates of unprofitable micro-businesses, many of which are managed by women. Internal constraints, such as disempowerment, play a central role in perpetuating poverty. We implement a 6-month mentoring intervention by pairing 18 successful entrepreneurs with 52 disadvantaged female, micro-entrepreneurs in Medellin, Colombia to measure the additional benefit of localized knowledge to micro-borrowers. Using a process of random assignment, I measure the change in female empowerment, measured …

Measuring Cocoa Agricultural Productivity: A Spatio-Temporal Econometric Approach, Yurlady Chaverra-Palacios

Master's Theses

A significant increase of 50.5 percent in the national production of cocoa was registered between 2011 and 2015 in Colombia. Nevertheless, 5,890 tons were imported in 2015 to supply domestic demand. Unlike other crops, the production of cocoa has made a significant contribution to the income of approximately 38,000 families of which 90 percent are small farm-producers with very little capital. Facilitating credit for investment is one of the main strategies of the national government to increase cocoa productivity. Correspondingly, the impact of the credit for investment on the cocoa agricultural productivity and if those investments have a spillover effect …

The Impact Of Cleft Lip/Palate And Clp Surgical Intervention On The Social Integration Of Adolescents In India, Mustafa Zahid

Master's Theses

Cleft Lip/Palate, a congenital orofacial anomaly, carries an incidence rate of approximately 1 in every 1000 births. In addition to the stigma associated with the condition, the varying levels of cleft severity might result in lower life outcomes which could include lower cognitive ability, physical and psychological well-being, social and behavioral outcomes of adolescents. This paper focuses on the social integration element of life outcomes, which is composed of the social inclusion and prosocial behavior of the adolescent. Despite the affordability of restorative surgeries, patients in rural areas of Low and Middle-Income Countries (LMICs) such as India face accessibility and …

Connecticut Waterfront Property Premium In Areas With Flood Risk, Conor O'Donnell

Honors Scholar Theses

This paper investigates the premium paid for waterfront property along the Connecticut shoreline and how that premium is affected by its vulnerability to coastal flooding as measured by its location relative to the FEMA 100-year and 500-year flood zones. The primary analysis is a comparison of the rate of appreciation of properties within each flood zone relative to coastal properties outside the flood-zone. An analysis of the impact of Super Storm Sandy in 2012 on the appreciation rate is also presented. It is hypothesized that the rate of appreciation of properties within the 100-year flood zone is lower following Hurricane …

A Statistical Analysis Of Economic Perceptions In The 2015 United Kingdom General Election, Amarvir Singh-Bal Mr.

Undergraduate Economic Review

This paper characterises the vote which took place in the United Kingdom's (U.K.) 2015 General Election as an ‘accountability instrument.’ In doing so, the research interrogates which sections of the electorate hold the incumbent government more accountable for economic outcomes between the 2010 and 2015 U.K. General Elections. The Rational Choice Theory and the Michigan Model are used in this study to present two interlinked, and yet distinct, hypotheses – that less politically informed and non-partisan voters are more likely to hold the government accountable for economic performances; compared to the politically informed and partisan voters within the electorate. Implementing …

Financial Red Flags: Empirical Mapping Of Firm Political Preferences By Sector In Mexico, Ian Connors

Master's Theses

Can the stock market be used to determine the political preferences of individual economic sectors? This paper explores the conceptual relationship between electoral outcomes and financial markets in Mexico. Specifically, it analyzes how financial markets predict the expected effects of a given political platform on the performance of firms within specific sectors. To do this, the study used event-study methodology to calculate abnormal returns on stock prices across the nine sectors listed on the Bolsa Mexicana de Valores stock exchange following the historic election of leftist candidate Andrés Manuel López Obrador (AMLO), On July 1, 2018. However, despite the uncertainty …

An Evaluation Of The Impact Of Leading Pedestrian Interval Signals In Nyc, Jeremy J. Sze

Theses and Dissertations

I evaluated the impact of the phased introduction of Leading Pedestrian Interval Signals (LPIs) on collision and injury outcomes at 12,987 signalized traffic intersections in New York City over the course of 25 quarters from 2012 to 2018. An intersection is treated when a LPIs is installed to give pedestrians lead time to cross the street before vehicles are allowed to move. Outcomes from NYPD’s Motor Vehicle Collisions data were matched to signalized intersections. I hypothesize that LPIs would reduce collisions and reduce injuries for pedestrians at intersections. A difference in difference fixed effects panel regression was used to identify …

The Quality Of Xbrl Structured Financial Statements: An Empirical Examination Of Custom Tags, Aidana Razhap Kyzy

Theses and Dissertations

In 2009 the US Securities and Exchange Commission (SEC) adopted the eXtensible Business Reporting Language (XBRL) system to improve the process by which financial statements can be used. Interactive financial data filed with the SEC using XBRL provides easily readable and comparable financial data, thereby improving transparency and efficiency in the corporate market. SEC rules permit companies to use custom tags in their financial reports in cases when an appropriate element cannot be found in the Financial Accounting Standards Board (FASB) standard XBRL taxonomy. The inordinate use of custom tags may result in a reduction of financial report quality by …

Rhode Island Current Conditions Index -- May 2019, Leonard Lardaro

The Rhode Island Current Conditions Index

No abstract provided.

Box Office Showdown: How Does Movie Market Saturation Affect First Weekend Box Office Revenues?, Matthew Steele

Economics Honors Projects

The scheduling of release dates for feature films is among the most important decisions that movie studios make in the life cycle of a movie. While the economic literature on the movie industry has largely focused on modeling the box office success of a movie based on its own characteristics—star power, critical reception, and trailer data—there is a dearth of literature concerning the way that competition from within the industry affects box office revenues. This article primarily uses a propensity score matching model to fill a gap in the literature, establishing causal relationships between different forms of competition and first …

Essays On Convex Weighting For Global Vector Autoregressive Models, Garrison Leach

Economics Theses and Dissertations

This dissertation focuses on studying the impact that weighting schemes can have on forecasting performance and dynamic analysis in global vector autoregressive (GVAR) models. The first chapter discusses an existing gap in the literature regarding weighting scheme choice and develops a simple, yet powerful method for defining richer spatial linkages in a way that doesn’t sacrifice economic context. The new technique called convex weighting, extends the set of available options for defining spatial linkages in models that handle the curse of dimensionality via compression and offers a justifiable approach to alleviating uncertainty. The second and third chapters apply the newly …

Does Family Income Determine A Children Future Educational Attainment Level?, Diaisha T. Richards

Applied Economics Theses

Family income and education have been a major concern in a variety of researches, and as a topic in society. These two components are a major concern because they are known to be key elements in determining future success for an individual. Various studies investigated the significance, correlations and impacts these two factors have on one another. It is common for the amount of family income obtained to determine how much education one will receive in the future. This study focuses on testing the hypothesis that family income determines how much education a child will receive in the future. By …

The Impact Of Immigration On Financial Markets, Jesse Baker

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

This paper studies the impact of immigration policy on financial markets. I estimate the cumulative abnormal returns surrounding two events the effective start date of the Immigration Act of 1990 and the implementation of the Temporary Protected Status (TPS) of Nicaragua and Honduras in 1999. Focusing on agriculture, construction, and manufacturing firms, I find that the CARs surrounding the events are indeed positive and significant, suggesting that the market anticipated growth among industries that are likely to hire Central American immigrants.

An Improved Bayesian Unit Root Test In Stochastic Volatility Models, Yong Li, Jun Yu

Research Collection School Of Economics

A new posterior odds analysis is developed to test for a unit root in volatilitydynamics in the context of stochastic volatility models. Our analysis extendsthe Bayesian unit root test of So and Li (1999) in two important ways. First,a mixed informative prior distribution with a random weight is introducedfor the Bayesian unit root testing in volatility. Second, a numerically morestable algorithm is introduced to compute Bayes factor, taking into accountthe special structure of the competing models. It can be shown that theapproach introduced overcomes the problem of the diverging “size” in themarginal likelihood approach by So and Li (1999) and …