The Evolution Of The Music Industry In The Post-Internet Era,
2012
Claremont McKenna College
The Evolution Of The Music Industry In The Post-Internet Era, Ashraf El Gamal
CMC Senior Theses
The rise in the prevalence of the Internet has had a wide range of implications in nearly every industry. Within the music business, the turn of the millennium came with a unique, and difficult, set of challenges. While the majority of academic literature in the area focuses specifically on the aspect of file sharing within the Internet as it negatively impacts sales within the recording sector, this study aims to assess the Internet’s wider impacts on the broader music industry. In the same time that record sales have plummeted, the live music sector has thrived, potentially presenting alternative business models …
An Analysis On The Factors Affecting Fertility Rates Across The U.S.,
2012
Bryant University
An Analysis On The Factors Affecting Fertility Rates Across The U.S., Britany St. Sauveur
Empirical Economic Bulletin, An Undergraduate Journal
This paper analyzes the fertility rate or the number of live births per 1,000 women aged 15-44 years old. The research is based off of census data from the Statistical Abstract of the United States from 1990 to 2009. The purpose of researching fertility and birth rates is to explain the slight fluctuations during this time frame. This study looks into the factors as to why this change has occurred, such as race, education, marital status, economic impact, age, and region. The results from over the past 20 years have proven that these demographic and geographic factors have both affected …
Pigs Debt Crisis: Macroeconomic Factors,
2012
Bryant University
Pigs Debt Crisis: Macroeconomic Factors, David Fiorino
Empirical Economic Bulletin, An Undergraduate Journal
Italy’s public debt has seen large increases over the past few years, and as a result they were bailed out by other European Union members. Either their large trade deficits, inability to stimulate growth, or lack of tax revenues are all reason why Italy has fallen to such crisis. Other countries in the EU such as Portugal, Spain, and Greece have had similar debt problems and received a bailout as well. This paper will attempt to explain the relationship between the public debt to GDP ratio and some macroeconomic conditions using panel data from 1990 to 2010 for the countries …
How Consumer Sentiment Affects Personal Consumption,
2012
Bryant University
How Consumer Sentiment Affects Personal Consumption, Gregory Hughes
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the relationship between consumer confidence and major economic indicators as it relates to the United States after the financial crisis of 2008. This study reveals the effect consumer sentiment has on economic forecasting as it relates to personal consumption. Macro level data used to indicate future economic performance is lacking without the inclusion of consumer confidence levels.
The Effect Of Homeownership On Household Savings In The United States,
2012
Bryant University
The Effect Of Homeownership On Household Savings In The United States, Jacquelyn Ammirato
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the effect of changes in house prices on the saving patterns of households in the United States of America. The paper uses data from the Panel Study of Income Dynamics. Three empirical models are run, one for 2009, one for 2005 and one for 1999 data, to account for differences in household income, age of the head of household, employment status, and mortgage information. The results indicate that whether the home is owned or rented has a significant impact on household savings in each year.
Correlation Between Economic Factors And High-Technology Export In Asia-Pacific Nations,
2012
Bryant University
Correlation Between Economic Factors And High-Technology Export In Asia-Pacific Nations, Jiyan Hu
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the correlation between high-tech exports in Asian-Pacific nations and the economic effects in term of economic growth. Some economic factors will be highlighted in this paper, such as foreign direct investment inflow, R&D expenditure, country openness as well as gross saving. The model will explain some economic factors are the key to determinant the volume of the high-tech export in Asian-Pacific nations. In order to understand the model and interpretation of each factor, high-tech export per worker will be targeted as a dependent variable. This paper will include data from 1997 to 2007 and it will be …
Does Money Matter? An Empirical Analysis On The Effects Of Campaign Financing In Recent Senatorial Elections,
2012
Bryant University
Does Money Matter? An Empirical Analysis On The Effects Of Campaign Financing In Recent Senatorial Elections, Joseph Cunningham
Empirical Economic Bulletin, An Undergraduate Journal
This empirical analysis quantifies political science variables and tests to see if the sources of campaign finance money matters and ultimately determines the most important factors affecting a candidate’s chances of becoming elected. Using data from the 2004 and 2010 Senate elections, this paper tests the importance of a number of political science variables including party affiliation, sources of campaign financing, and incumbency, among others. The effects of the Citizens United Supreme Court decision and its democratic implications are also analyzed to see if money in politics weakens America’s democratic process. There are few studies in the field that are …
Gender Discrimination: What Factors Influence The Level Of Gender Discrimination Facing U.S. Workers?,
2012
Bryant University
Gender Discrimination: What Factors Influence The Level Of Gender Discrimination Facing U.S. Workers?, Joshua Ballance
Empirical Economic Bulletin, An Undergraduate Journal
This paper uses previous research conducted by the author which analyzes gender discrimination at the state level. Using state level discrimination coefficients, this paper looks to analyze why discrimination varies significantly across the United States. The empirical model is constructed using a panel data set over the past twenty years to develop a model that explains why variations in the level of gender discrimination faced by U.S. workers has persisted despite the fact that the level of gender discrimination has decreased over this period.
Offshoring And The Effects On American It Workers,
2012
Bryant University
Offshoring And The Effects On American It Workers, Kristen Bousquet
Empirical Economic Bulletin, An Undergraduate Journal
This paper will use an existing model from Amiti and Wei (2009) to illustrate the potentially positive effects that offshoring will have on the productivity of American IT workers and the IT industry. The inputs that will be used to measure productivity are labor, capital, materials, service inputs, and the offshoring of materials and services and were collected from the Bureau of Economic Analysis and the Bureau of Labor Statistics. Based on a previous study from Amiti and Wei (2009), the results may suggest that there is a positive correlation from offshoring and productivity.
The Impact Of The American Recovery And Reinvestment Plan On The Job Market,
2012
Bryant University
The Impact Of The American Recovery And Reinvestment Plan On The Job Market, Matthew Schur
Empirical Economic Bulletin, An Undergraduate Journal
This paper will investigate the impact of the American Recovery and Reinvestment Act on the job market. The ARRA, also known as the Stimulus or the Recovery Act, is a stimulus package that was passed by the 111th United States Congress in February 2009 and signed into law on the 17th of February by President Barack Obama. The primary focus of this bill was to save and create jobs in response to the 2000’s recession that our economy faced. We will evaluate impact of the ARRA by using the latest census bureau data of each state and regression analysis. Our …
The Impact Of Defense Spending On Economic Growth In The United States,
2012
Bryant University
The Impact Of Defense Spending On Economic Growth In The United States, Nathaniel Harty
Empirical Economic Bulletin, An Undergraduate Journal
This paper addresses whether or not the United States’ government’s choice to cut defense spending is going to have a negative impact on economic growth, and therefore slow down the US recovery. This paper analyzes the findings during the last 70 years regarding defense spending and its effect on economic growth, through comparing that relationship between studies under various circumstances. It then goes into detail of the most recent data from the United States to see if there is a casual relationship between defense spending and economic growth. This paper will use the Granger Causality Method to test the significance …
Crime Rate In Massachusetts Cities: Has The Negative Economy Affected This?,
2012
Bryant University
Crime Rate In Massachusetts Cities: Has The Negative Economy Affected This?, Karissa Guerette
Empirical Economic Bulletin, An Undergraduate Journal
This review concentrates on the relationship between the effects the downturned economy has had on the crime rate. The paper examines specifically Massachusetts cities unemployment rate and average income, along with education level. With the financial crisis starting in 2008, this paper will take a look 2010, a couple years after the peak of the recession. The results show the increasing crime rates are positively related to the change of times with the economy leading to unemployment and lower income level.
Tax Rates On Alcohol: Does It Affect Demand For Particular States?,
2012
Bryant University
Tax Rates On Alcohol: Does It Affect Demand For Particular States?, Matthew Schoenewolf
Empirical Economic Bulletin, An Undergraduate Journal
In this paper, different variables will be tested to figure out whether or not different levels of tax have a determinant on the consumption or demand for alcohol. The study will examine several variables including the sales taxes in each state, the different taxes on beer, wine and spirits, along with GDP per capita, death rates and whether or not there is an advertising ban in a particular state. The results from the research and tests performed focus on the factors that are closely correlated to the consumption of alcohol, with GDP per capita proving to be the most influential …
Social And Economic Factors Leading To Differences In Us State Unemployment,
2012
Bryant University
Social And Economic Factors Leading To Differences In Us State Unemployment, Taylor Neighbours
Empirical Economic Bulletin, An Undergraduate Journal
This paper dives into the socio-economic factors that lead to differences in U.S. State unemployment rates. The study will look at and evaluate prior economic literature, including regression analysis, comparative statistics, and raw data from the BLS and Census Bureau. Further, it will take select parts from past models to create and analyze an economic regression model. The data to be found below is a cross-sectional interpretation of each of the 50 states for the years 2000 & 2010. The root causes for fluctuations in unemployment can help economists better understand how to monitor and manage unemployment levels on a …
The Environmental Kuznets: For High, Middle And Low Income Latin American Countries,
2012
Bryant University
The Environmental Kuznets: For High, Middle And Low Income Latin American Countries, Allia Afifi
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the relationship between environmental quality and economic development through the use of the Environmental Kuznets Curve. The study will examine the effect of economic development on the environmental quality for selected high, middle and low income Latin American countries. The model will look at emission levels (CO2 emissions in metric tons per capita) in Brazil, Mexico, Argentina, Columbia, Honduras and Nicaragua as affected by changes in Gross Domestic Product. The results show that there is an inverted U-shaped curve representing the relationship between environmental degradation (CO2 emissions per capita) and GDP per capita, supporting the EKC hypothesis.
Education And Income Inequality In Latin American Countries,
2012
Bryant University
Education And Income Inequality In Latin American Countries, Courtney Weiss
Empirical Economic Bulletin, An Undergraduate Journal
It is a common theory that education levels and inequality are highly correlated. In layman’s terms, as access to education increases, the earning potential of the poor also increases. Therefore, the poverty gap shrinks. However, when access to education is limited, there is a greater disparity between the earning potential of the rich and that of the poor, thereby expanding the poverty gap. The following paper examines and compares the education levels and income inequality across 14 Latin American countries. These countries experience “persistent” and “pervasive” inequality impacting all aspects of life (de Ferranti et al., 2004). Inequality will be …
Buyer's Equilibrium With Capacity Constraints And Restricted Mobility: A Recursive Approach,
2012
Chapman University
Buyer's Equilibrium With Capacity Constraints And Restricted Mobility: A Recursive Approach, Gabriele Camera, Jaehong Kim
ESI Working Papers
We study a decentralized trading model as in Peters (1984), where heterogeneous market participants face a trade-o between price and trade probability. We present a novel proof of existence of a unique demand vector in Nash equilibrium, based on a recursive approach that exploits the monotonicity of matching functions.
Are You A Good Employee Or Simply A Good Guy? Influence Costs And Contract Design,
2012
Chapman University
Are You A Good Employee Or Simply A Good Guy? Influence Costs And Contract Design, Brice Corgnet, Ismael Rodriguez-Lara
ESI Working Papers
We develop a principal–agent model with a moral hazard problem in which the principal has access to a hard signal (the level of output) and a soft behavioral signal (the supervision signal) about the agent's level of effort. In our model, the agent can initiate influence activities and manipulate the behavioral signal. These activities are costly for the principal as they detract the agent from the productive task. We show that the agent's ability to manipulate the behavioral signal leads to low-powered incentives and increases the cost of implementing the efficient equilibrium as a result. Interestingly, the fact that manipulation …
Experimental Evidence On The Properties Of The California’S Cap And Trade Price Containment Reserve,
2012
Chapman University
Experimental Evidence On The Properties Of The California’S Cap And Trade Price Containment Reserve, Rachel Bodsky, Domenic Donato, Kevin James, David Porter
ESI Working Papers
We report on a series of experiments to examine the properties of California’s Reserve Sale allocation mechanism to be implemented as part of the forthcoming cap and trade program and compare it with an alternative reserve sale mechanism. The proposed reserve sale mechanism allows covered entities to purchase allowances after the primary auction sale at fixed prices. If demand for units is greater the amount supplied in the reserve sale, a Proportional Rationing rule is used to distribute allowances based on submitted request for units. This rule is contrasted with to an alternative rule, Equal Rationing in which allowances are …
Building And Rebuilding Trust With Promises And Apologies,
2012
Chapman University
Building And Rebuilding Trust With Promises And Apologies, Eric Schniter, Roman M. Sheremeta, Daniel Sznycer
ESI Working Papers
Using trust games, we study how promises and messages are used to build new trust where it did not previously exist and to rebuild damaged trust. In these games, trustees made non-binding promises of investment-contingent returns, then investors decided whether to invest, and finally trustees decided how much to return. After an unexpected second game was announced, but before it commenced, trustees could send a one-way message. This design allowed us to observe the endogenous emergence and natural distribution of trust-relevant behaviors and focus on naturally occurring remedial strategies used by promise-breakers and distrusted trustees, their effects on investors, and …
