Socio-Economic Comparative Analysis Of Front-Of-The-Meter And Behind-The-Meter Microgrids For Panamnik, 2023 Cal Poly Humboldt
Socio-Economic Comparative Analysis Of Front-Of-The-Meter And Behind-The-Meter Microgrids For Panamnik, Olivia C. Amann Mcshea
Cal Poly Humboldt theses and projects
In Northern California, the Karuk Tribe is feeling the effects of climate change on inadequate energy infrastructures leading to unreliable power supply. Improving energy reliability in a way that also increases energy sovereignty is necessary. Renewable energy microgrids have emerged as a pathway forward.
Modeling ownership structures and cash flows for different microgrid configurations can support the Tribe’s implementation of a microgrid in Orleans, CA that maximizes community benefits. This thesis considers a front-of-the-meter (FTM) and behind-the-meter (BTM) configuration, both approximately 2 MW solar PV and 3 MW/12 MWh battery energy storage. Cash flows including capital costs, operations and maintenance …
Financial Alcoholism: An Institutionalist Analysis Of The Repeal Of The Glass-Steagall Act And 2008 Financial Crisis, 2023 Bard College
Financial Alcoholism: An Institutionalist Analysis Of The Repeal Of The Glass-Steagall Act And 2008 Financial Crisis, Eli C. Shapiro
Senior Projects Spring 2023
The thesis argues that the the repeal of the Glass-Steagall Act in 1999 was not a leading cause of the 2008 Financial Crisis but did contribute to its scope. It finds that the American economy was already on track before the repeal for a late-2000s financial crisis due to sectoral imbalances as well as the rise of money manager capitalism during the decades before the repeal. However, the repeal contributed to the "legitimization" of financial holding companies and originate-to-distribute model, spreading toxic assets around the financial sector and exposing depositors to this risk during a time of rapidly increasing banking …
Optimal Portfolio Construction For Oil-Based Sovereign Wealth Funds, 2023 Claremont Graduate University
Optimal Portfolio Construction For Oil-Based Sovereign Wealth Funds, Mohammed Saeed Alshowaikhat
CGU Theses & Dissertations
Chapter 1 of this dissertation delves into the economic challenges faced by oil-exporting countries that rely heavily on a single income source, with a particular focus on Saudi Arabia as a case study. The primary objective is to examine the efforts of Saudi Arabia's sovereign wealth fund in diversifying revenue streams and mitigating risks associated with an excessive dependence on oil. To achieve this, the study proposes an adaptation of the subset-optimization algorithm within the mean-variance model, aiming to enhance portfolio construction in sovereign wealth funds. Chapter 2 of the dissertation conducts a comparative analysis between portfolios constructed using the …
Determinants Of Profitability Of Commercial Bank In Afghanistan, 2023 Bard College
Determinants Of Profitability Of Commercial Bank In Afghanistan, Mohammad Osman Saeedi
Senior Projects Fall 2023
Over the past two decades, the global financial sector, particularly the banking industry, has undergone significant transformations impacting its performance. Recognizing the pivotal role of the financial sector in economic growth, this study focuses on Afghanistan's banking sector, tracing its roots to the establishment of the first commercial banking institution, Bank Millie Afghan, in 1933. Following decades of war, the banking sector experienced revitalization after 2001, marked by the emergence of a new government, international aid inflow, and increased business activities. Despite remarkable growth, Afghanistan's banking sector faces challenges such as security concerns, cultural issues, and a developing banking culture. …
Application Of Sentiment Analysis And Machine Learning Techniques To Predict Daily Cryptocurrency Price Returns, 2023 Claremont Colleges
Application Of Sentiment Analysis And Machine Learning Techniques To Predict Daily Cryptocurrency Price Returns, Edward Wu
CMC Senior Theses
This paper examines the effects of social media sentiment relating to Bitcoin on the daily price returns of Bitcoin and other popular cryptocurrencies by utilizing sentiment analysis and machine learning techniques to predict daily price returns. Many investors think that social media sentiment affects cryptocurrency prices. However, the results of this paper find that social media sentiment relating to Bitcoin does not add significant predictive value to forecasting daily price returns for each of the six cryptocurrencies used for analysis and that machine learning models that do not assume linearity between the current day price return and previous daily price …
Did Demonetization Have A Bigger Impact On Ppis (Prepaid Payment Instruments) Or Mobile Banking In India?, 2023 Claremont Colleges
Did Demonetization Have A Bigger Impact On Ppis (Prepaid Payment Instruments) Or Mobile Banking In India?, Ansh Vora
CMC Senior Theses
On November 8, 2016, Narendra Modi, prime minister of India, tele-advertised the entire nation and announced that India's highest value banknotes, the 500 and 1000 rupee “Rs” notes would be demonetized and taken out of circulation, effective midnight. Modi stated that this is an effort to reduce the large economy of black money, transition India into a digital economy, abolish funding of terrorist groups and illicit circulation of counterfeit notes. In this study, I choose to analyze the impact of demonetization on two digital payment methods - Prepaid Payment Instruments, “PPI” and Mobile Banking. The data used in this study …
Two Essays On Esg, 2023 University of Central Florida
Two Essays On Esg, Natalya Bikmetova
Electronic Theses and Dissertations, 2020-
My dissertation studies the potential for the increased importance of Environmental, Social, and Governance (ESG) information for corporations and investors in the U.S. market. In my first essay, I examine the effect of coverage by ESG rating agencies on firm ESG performance and disclosure policy. To control for the selection in coverage, I construct a sample of firms with existing ESG ratings from some agencies and study the marginal effect of an additional coverage on a firm relative to firms that did not receive the additional coverage. I find that when firm ESG coverage intensifies, its ESG ratings improve, its …
Two Essays On The Airbnb Market, 2023 University of Central Florida
Two Essays On The Airbnb Market, Debanjana Dey
Electronic Theses and Dissertations, 2020-
This dissertation analyses the Airbnb market in Orange County, FL to provide insight on the performances of short-term vacation rentals listed on the platform. In the first essay we examine the factors affecting the demand and supply of this real estate sector before and after the Covid-19 pandemic, using occupancy, pricing and revenue models. The results identify the aspects of the Airbnb peer-to-peer sharing model that do and those that do not recover quickly after local covid restrictions are lifted. In particular, host experience, professional management, and proximity to major tourist attractions are some of the key factors that generate …
Bubble Testing Under Polynomial Trends, 2023 Fudan University
Bubble Testing Under Polynomial Trends, Xiaohu Wang, Jun Yu
Research Collection School Of Economics
This paper develops the asymptotic theory of the least squares estimator of the autoregressive (AR) coefficient in an AR(1) regression with intercept when data is generated from a polynomial trend model in different forms. It is shown that the commonly used right-tailed unit root tests tend to favor the explosive alternative. A new procedure, which implements the right-tailed unit root tests in an AR(2) regression, is proposed. It is shown that when the data generating process has a polynomial trend, the test statistics based on the new procedure cannot find evidence of explosiveness. Whereas, when the data generating process is …
Firm-Level Political Risk And Corporate R&D Investment, 2023 South Dakota State University
Firm-Level Political Risk And Corporate R&D Investment, Emmanuel Boah
Electronic Theses and Dissertations
I examine how firms make R&D investment decisions during periods of political uncertainty. To minimize stickiness and overly generalized assumptions, I employ quarterly data. I find that firms invest more in R&D when facing high levels of political risk. The results suggest that this positive relationship between political risk and R&D investment is more pronounced for competitive and politically sensitive firms. Additionally, the positive association is evident among firms with higher growth opportunities and more liquid assets. The results are robust to the test for correlation, addressing endogeneity, and alternative proxies adopted for the variables of interest. Overall, the findings …
Esg Scores As A Measure Of Risk: The Relationship Between Environmental, Social, And Corporate Governance Ratings And The Financial Performance Of U.S. Oil And Gas Companies, 2023 Scripps College
Esg Scores As A Measure Of Risk: The Relationship Between Environmental, Social, And Corporate Governance Ratings And The Financial Performance Of U.S. Oil And Gas Companies, Lauren Kim
Scripps Senior Theses
This study investigates the association between ESG (environmental, social, corporate governance) scores on the financial performance of U.S. oil and gas companies, an industry facing significant ESG-related pressures. ESG scores evaluate a firm’s environmental impacts, social responsibility, and corporate governance practices and can be used as a form of evaluating a firm’s risk mitigation efforts. However, there is not sufficient evidence to conclude that there exists a relationship, positive or negative, between ESG scores and firm performance in this industry. Overall, the findings of this study highlight the growing interest in ESG investing and is useful for investors and firms …
Chinese Yuan Interest Rate Swap Yields, 2023 Citibank
Chinese Yuan Interest Rate Swap Yields, Tanweer Akram, Khawaja Mamun
WCBT Faculty Publications
This paper models the dynamics of Chinese yuan–denominated long-term interest rate swap yields. It shows that the short-term interest rate exerts a decisive influence on the long-term swap yield after controlling for various macrofinancial variables, such as core inflation, the growth of industrial production, the percent change in the equity price index, and the percentage change in the Chinese yuan exchange rate. The autoregressive distributed lag approach is applied to model the dynamics of the long-term swap yield. The findings reinforce and extend John Maynard Keynes’s conjecture that in advanced countries, as well as emerging market economies such as China, …
Essays On Parental Migration In China And Performance Of Two Asset Pricing Models, 2023 Northern Illinois University
Essays On Parental Migration In China And Performance Of Two Asset Pricing Models, Yuqing Song
Graduate Research Theses & Dissertations
This dissertation comprises two research strands. The first strand investigates the migration choices of parents in rural China and their specific impact on children's educational outcomes. The second strand delves into the realm of financial econometrics, focusing solely on the performance of two asset pricing models on days scheduled for important macroeconomic news announcements.
The first essay places emphasis on the migration decisions of two-parent households with school-aged children. The findings affirm the hypothesis that household characteristics, rather than each parent’s personal traits, play an important role in determining parents’ migration choices.
The second essay examines the short-run effects of …
When Does Csr Payoff?, 2023 Old Dominion University
When Does Csr Payoff?, John A. Doukas, Rongyao Zhang
Finance Faculty Publications
We investigate whether firms engaging in corporate social responsibility (CSR) can preserve firm value during normal and unprecedented exogenous adverse events. Our evidence shows, in regular times, a negative relation between CSR engagement and firm value, but under adverse economic conditions, CSR protects firm value by decreasing firm risks. We also find that firms with high managerial attributes engage in greater CSR activities that benefit shareholders in both normal and aberrant financial times. Despite the controversy surrounding CSR, our evidence points out that CSR can be viewed as a set of intangible assets that can improve firm value across good …
A Qualitative Study On The Financial Education Of Young Black Men, 2023 University of the Pacific
A Qualitative Study On The Financial Education Of Young Black Men, Sue M. May
University of the Pacific Theses and Dissertations
Financial literacy awareness is low among young adults, and financial literacy among Black college students is significantly lower than in other groups (Singh, 2018). However, there is little to no research on why financial literacy is so low among young Black men between 18 and 25. Few studies specifically show how financial literacy and decision-making may be related to their family economics and socialization for young Black men. Using Critical Race Theory and Family Financial Socialization theoretical frameworks, this dissertation project examined a sample of seven young self-identified Black men ages 24 to 25 years old in Northern California Bay …
Sovereign Wealth Funds, Corporate Governance, And Corporate Performance, 2023 West Virginia University
Sovereign Wealth Funds, Corporate Governance, And Corporate Performance, Feiyu Liu
Graduate Theses, Dissertations, and Problem Reports
This dissertation comprises three chapters regarding the impact of sovereign wealth fund (SWF) investments on target firms’ corporate governance, cost of debt, and corporate social responsibility performance.
The first chapter is entitled “The Corporate Governance Consequences of Small Shareholdings: Evidence from Sovereign Wealth Fund Cross-Border Investments.” This chapter shows that firms’ corporate governance decrease following SWF cross-border investments. This impact holds for small SWF cross-border equity investments only, and is stronger for firms that are weakly governed and for those located in jurisdictions with weak shareholder protection. The negative relation is more pronounced when SWFs’ home countries have lower-quality investor …
Analyzing The Accessibility Of Sports Facilities In Missoula, Montana, 2023 University of Montana
Analyzing The Accessibility Of Sports Facilities In Missoula, Montana, Quinn T. Peacock
Undergraduate Theses, Professional Papers, and Capstone Artifacts
The purpose of this survey is to understand the qualitative value of the public field inventory that will be analyzed based on quantitative data. We want to understand not only the assumed factors from data that affect rec-participants behavior, but what the individuals have to say about it for themselves as well.
A Study On Bangladesh's Grameen Bank And The Ready-Made Garment Industry: The Effects Of Rising Industrialization On The Reliance Of Microfinance, 2023 Scripps College
A Study On Bangladesh's Grameen Bank And The Ready-Made Garment Industry: The Effects Of Rising Industrialization On The Reliance Of Microfinance, Elaine Yang
Scripps Senior Theses
Microfinance institutions offered a solution to borrowing to the ultra-poor through a group lending scheme where social capital drove repayment rates. In Bangladesh, the Grameen Bank was globally recognized as a successful microfinance institution, increasing financial literacy and mobility to the ultra-poor. Tangentially, the ready-made garment industry boomed in some districts with a Grameen Bank presence, while other districts were not impacted at all. Using a difference-in-difference regression model and focusing on the Grameen Bank districts before and after their exposure to the RMG industry on the number of branches, branch members, outstanding loan amount, and zone membership percentage of …
A Multivariate K-Means Cluster Analysis Of Historical Pharmaceutical Research And Development Expenditure Efficiency’S Relationship To Forward Earnings And Sales Multiples, 2023 Bard College
A Multivariate K-Means Cluster Analysis Of Historical Pharmaceutical Research And Development Expenditure Efficiency’S Relationship To Forward Earnings And Sales Multiples, Nicholas Leonard Anduze
Senior Projects Spring 2023
Senior Project submitted to The Division of Social Studies of Bard College.
Assessing The Impact Of Financial Obstacles On Manufacturing Firm's Capacity Utilization: Bayesian Approach, 2023 İbn Haldun University
Assessing The Impact Of Financial Obstacles On Manufacturing Firm's Capacity Utilization: Bayesian Approach, Arab Dahir Hassan, Razim Ozcan
The Indonesian Capital Market Review
This study aims to investigate the relationship between financial obstacles and the capacity utilization of manufacturing firms. This study departs from previous studies in the literature by employing Bayesian linear regression analysis. The results demonstrate that financial constraints have a considerable negative effect on the capacity utilization of manufacturing enterprises, but access to credit lines has a positive effect. The sample consists of 1,494 private manufacturing firms in 31 Europe & Central Asian countries. Financial obstacles were perceived as the major impediment to business operations by 65% of the enterprises in the survey. Furthermore, 52% of enterprises in the sample …