Using Drew Carey In The Classroom,
2011
San Jose State University
Using Drew Carey In The Classroom, Matthew J. Holian
Faculty Publications
This teaching note describes how to use Drew Carey’s short public policy documentaries in the classroom, and as part of a writing assignment for an introductory microeconomics class. Students are challenged to identify the core microeconomic concepts that are relevant to real-world policy matters, including healthcare, immigration and jobs.
Firm And Industry Effects In Accounting Versus Economic Profit Data,
2011
San Jose State University
Firm And Industry Effects In Accounting Versus Economic Profit Data, Matthew J. Holian, Ali M. Reza
Faculty Publications
This article presents estimates of firm and industry fixed-effects on profit rates for large US corporations, using both Economic Value Added (EVA), the popular measure of profits produced by Stern Stewart and Company, as well as simple (unadjusted) accounting measures as the dependent variable. We find that the improvement in explanatory power of the fixed-effect model is substantially greater when using EVA than has been documented with alternative measures.
The Relationship Between Poverty And Crime: A Cross Section Analysis,
2011
Bryant University
The Relationship Between Poverty And Crime: A Cross Section Analysis, Luke Fleming
Empirical Economic Bulletin, An Undergraduate Journal
This paper compares the crime rates, poverty rates, and other economic statistics to determine if there is a relationship amongst the variables. The highest crime rates per capita in the world exist in developing countries; these countries also have very high rates of poverty. Is it a coincidence, or is there actually some substance to these facts? Crime is a complicated issue, and other variables like education, healthcare, and housing have to be taken into consideration. The results indicate that there is a relationship between certain types of crime and poverty, and that income inequality is significant to all types …
The Importance Of Good Governance In Achieving Economic Growth For Developing Nations: An Analysis Of Sub-Saharan Africa,
2011
Bryant University
The Importance Of Good Governance In Achieving Economic Growth For Developing Nations: An Analysis Of Sub-Saharan Africa, Karl Turner
Empirical Economic Bulletin, An Undergraduate Journal
This paper aims to expand on the idea that good governance is essential in sustaining growth in developing countries. I have chosen variables that are specific to determining the effect of good governance on sustained growth in several Sub-Saharan African nations. These variables will take into account the increased levels of corruption and manipulation that takes place in many of these regions. By analyzing different countries in Sub-Saharan Africa, I will be able to account for different economic and political conditions. My results show that although these countries differ in various aspects of macroeconomic policy, stable governance has been the …
A Comparative Analysis Of Development: Foreign Direct Investment And Remittances In Latin America,
2011
Bryant University
A Comparative Analysis Of Development: Foreign Direct Investment And Remittances In Latin America, Jeffrey Denault
Empirical Economic Bulletin, An Undergraduate Journal
Economic growth in developing countries has long been thought to come from a variety of different economic factors. One of the most prevalent theories has been providing a country with high levels of foreign direct investment, encouraging the country to industrialize. Whilst there are obviously many other factors either inhibiting or encouraging a developing country’s growth, foreign direct investment has long been seen as the prime inflow of capital. However, in recent years, there has been a rapid increase in the transfer of funds to developing countries from migrant workers through remittances. This study explores the aggregate impact remittances have …
Foreign Aid And Growth In Select African Countries,
2011
Bryant University
Foreign Aid And Growth In Select African Countries, Thomas Strong
Empirical Economic Bulletin, An Undergraduate Journal
This paper analyzes the effects of foreign aid on economic growth in a set of African countries. This paper differs from previous literature in several ways; this paper analyzes a small sample set of aid-receiving African countries of varying distances from the equator. This paper also uses the most up-to-date data available, which will provide an insight into the 21st century conditions. Previewing the empirical results, this paper determines that aid, in the form of technical cooperation grants, has a significant, positive impact on growth.
Determinants Of A Country's Happiness,
2011
Bryant University
Determinants Of A Country's Happiness, Timothy Caradonio
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the relationship between several macroeconomic factors and the relative happiness of a country’s citizens. Inflation, GDP growth, real interest rate, and unemployment rate were selected as independent variables. Data on the dependent variable, the degree of happiness, was not available from other studies. Therefore, life satisfaction was used as the dependent variable which was obtained from the Happy Planet Index. This study was conducted using cross sectional data and the least squared method to determine if any of the independent variables are statistically significant to the happiness of a country.
Sexual Orientation Wage Differentials,
2011
Bryant University
Sexual Orientation Wage Differentials, Gian Spicuzza
Empirical Economic Bulletin, An Undergraduate Journal
Most early works find that homosexual and bisexual men suffer from a wage disadvantage and that lesbian and bisexual women earn a substantial wage premium compared to their heterosexual counterparts. Almost all earlier works use 1980-1990 General Social Survey data and Census 1990 data. This economic analysis uses more recent 2010 GSS data and finds statistically insignificant results that that both homosexual and bisexual men and women earn a wage differential. This is most likely attributed to the new terminology included in the 2010 GSS. For the first time, the GSS records the sexual orientation of the respondent whereas past …
Analysis Of Employer Of Last Resort In The United States: Implications Of Educational Attainments And Wage Rates,
2011
Bryant University
Analysis Of Employer Of Last Resort In The United States: Implications Of Educational Attainments And Wage Rates, Benjamin Dionne
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the feasibility and impact of an Employer of Last Resort (ELR) program in the United States. ELR could provide the US with a new policy direction in curbing poverty and creating growth. An ELR growth program would be run by the government to employ millions of unemployed and underemployed people in skilled and unskilled positions. This study aims to show that a well developed and administered ELR program could address the important issues facing the American economy and could lead to a significant economic impact. Using an ordinary least squared model the study establishes factors affecting the …
Responses To The Assurance Game In Monkeys, Apes, And Humans Using Equivalent Procedures,
2011
Georgia State University
Responses To The Assurance Game In Monkeys, Apes, And Humans Using Equivalent Procedures, Sarah F. Brosnan, Audrey E. Parrish, Michael J. Beran, Timothy Flemming, Lisa Heimbauer, Catherine F. Talbot, Susan P. Lambeth, Steven J. Schapiro, Bart J. Wilson
ESI Publications
There is great interest in the evolution of economic behavior. In typical studies, species are asked to play one of a series of economic games, derived from game theory, and their responses are compared. The advantage of this approach is the relative level of consistency and control that emerges from the games themselves; however, in the typical experiment, procedures and conditions differ widely, particularly between humans and other species. Thus, in the current study, we investigated how three primate species, capuchin monkeys, chimpanzees, and humans, played the Assurance (or Stag Hunt) game using procedures that were, to the best of …
A Theory Of Entangled Political Economy, With Application To Tarp And Nra,
2011
Johnson & Wales University - Charlotte
A Theory Of Entangled Political Economy, With Application To Tarp And Nra, Adam Smith
Economics Department Faculty Publications & Research
The recent financial crisis has provoked a raft of contending claims as to whether the cause of the crisis is better attributed to market failure or political failure. Such claims are predicated on a presumption that markets and polities are meaningfully separate entities. To the contrary, we argue that contemporary arrangements create an entangled political economy that renders theorizing based on separation often misleading. Within this alternative framework of entangled political economy, we illuminate both the recent Troubled Assets Relief Program (TARP) and the New Deal’s National Recovery Administration (NRA).
Do Nba Fans Discriminate Against Race Or Nationality?,
2011
Claremont McKenna College
Do Nba Fans Discriminate Against Race Or Nationality?, Peter Meyer
CMC Senior Theses
Previous work found evidence that the racial composition of NBA teams was positively correlated with the racial composition of their metropolitan market areas during the 1990s. This paper finds continued evidence of this relationship in the 2000s, with an accompanying attendance boost from the incorporation of white players on teams located in whiter areas. There is also evidence that white players receive a salary premium relative to black players of equal performance quality. An examination of player performance indicates that demand for foreign players with the skill set of a forward or center is higher than demand for players of …
Blood Money: A Study Of The Effect Of Fighting On Player Salaries In The National Hockey League,
2011
Claremont McKenna College
Blood Money: A Study Of The Effect Of Fighting On Player Salaries In The National Hockey League, Matthew G. Morton
CMC Senior Theses
Fighting has been a centerpiece of the National Hockey League since it was formed in 1917. Although rules have been introduced regulating the physicality of play in the NHL, fighting is demanded—and encouraged—by fans and players alike. Fans have long been attracted to the violence of professional hockey; previous studies have documented that professional hockey is a “blood sport” that generates revenues with violence. This research investigates the effect of fighting on player salaries in the NHL, examining the way in which fighting has become a strategic element of the game, describing the way players enforce their own “Code” of …
Winning Off The Field: The Determinants Of Mlb Franchise Value,
2011
Claremont McKenna College
Winning Off The Field: The Determinants Of Mlb Franchise Value, David F. Ulrich
CMC Senior Theses
This paper examines the underlying drivers of MLB franchise value. Using panel data for MLB teams from 2000-2010, I find that a team’s ballpark and metro-area market are significant determinants, yet revenues truly drive value. Further, I find that incremental increases in winning percentage by a particular team has an insignificant effect on total revenues and has no marginal impact on the value of the team, particularly if the team recognizes consistent revenue streams every year. Finally, I show that the modern sabermetric approach to player management negatively impacts firm value, suggesting that although small market teams have been successful …
Keeping Nuclear Programs From Becoming Nuclear Weapons: A Game Theoretic And Econometric Analysis,
2011
Colby College
Keeping Nuclear Programs From Becoming Nuclear Weapons: A Game Theoretic And Econometric Analysis, Benjamin Guy Ogden
Honors Theses
There are currently only nine countries which possess nuclear weapons, but twenty-four countries have pursued the requisite technology. The question remains as to why nations ceased their programs, and whether the policies of the international community had anything to do with that decision. This paper uses both a game theoretic and a probit model with limited assumptions to attempt to uncover: a) what are the determinants of a country shuttering their nuclear weapon program, b) when "sticks and carrots" can be credible (subgame perfect), and c) how large of a role they play in the potential nuclear country's decision-making. I …
Public Dollar Private Owners; Tax Subsidies For New Stadiums In Professional Sports,
2011
Claremont McKenna College
Public Dollar Private Owners; Tax Subsidies For New Stadiums In Professional Sports, Grant J. Bunnage
CMC Senior Theses
The growing popularity of North American professional sports over the last twenty years directly coincides with the recent trend of urban communities using tax dollars to publically subsidize professional football, baseball, and basketball stadiums. Communities across North America invest substantial amount of public tax dollars in private facilities in light of a consensus among policy analysts that the economic impact of the new stadium is greatly exaggerated. The economic impact of new stadiums has been extensively researched, the focus of this paper rather, is to examine the impact publically subsidized facilities built in the last twenty years have on the …
Tie The Knot Or You Tighten The Noose? The Current Effect Of Pre-Marital Cohabitation On Marriage Survival Rates,
2011
Claremont McKenna College
Tie The Knot Or You Tighten The Noose? The Current Effect Of Pre-Marital Cohabitation On Marriage Survival Rates, Matthew D. Beienburg
CMC Senior Theses
Pre-marital cohabitation has become a mainstream practice among couples in the United States, yet initial empirical evidence demonstrated significant correlations between cohabitation and subsequent marital instability. Later studies disputed a causal relation and have attempted to show a weakened connection over time, but have themselves suffered from the use of exclusively older and/or unreliable data. This paper uses figures from the National Longitudinal Survey of Youth (1997-08) and the National Survey of Family Growth (2006-08) to provide an updated analysis of cohabitation’s effect on marriage over the past decade. Using proportional hazard and competing risk models, this paper confirms a …
Sweet Diversity: Colonial Goods And The Welfare Gains From Trade After 1492,
2011
Chapman University
Sweet Diversity: Colonial Goods And The Welfare Gains From Trade After 1492, Jonathan Hersh, Hans-Joachim Voth
Economics Faculty Articles and Research
When did overseas trade start to matter for living standards? Traditional real-wage indices suggest that living standards in Europe stagnated before 1800. In this paper, we argue that welfare rose substantially, but surreptitiously, because of an influx of new goods as a result of overseas trade. Colonial luxuries such as tea, coffee, and sugar transformed European diets after the discovery of America and the rounding of the Cape of Good Hope. These goods became household items in many countries by the end of the 18th century. We use three different methods to calculate welfare gains based on price data and …
Special Education, Poverty, And The Limits Of Private Enforcement,
2011
Georgetown University Law Center
Special Education, Poverty, And The Limits Of Private Enforcement, Eloise Pasachoff
Georgetown Law Faculty Publications and Other Works
This Article examines the appropriate balance between public and private enforcement of statutes seeking to distribute resources or social services to a socioeconomically diverse set of beneficiaries through a case study of the federal special education law, the Individuals with Disabilities Education Act (IDEA). It focuses particularly on the extent to which the Act’s enforcement regime sufficiently enforces the law for the poor. The Article responds to the frequent contention that private enforcement of statutory regimes is necessary to compensate for the shortcomings of public enforcement. Public enforcement, the story goes, is inefficient and relies on underfunded, captured, or impotent …
Energy Efficiency Technologies For Buildings: Potential For Energy, Cost, And Carbon Emission Savings,
2011
Claremont McKenna College
Energy Efficiency Technologies For Buildings: Potential For Energy, Cost, And Carbon Emission Savings, Bukola S. Jimoh
CMC Senior Theses
Buildings are a significant energy consumer and are responsible for an increasingly large percent of worldwide greenhouse gas emissions, currently between 30 and 40 percent. Energy efficiency presents unique opportunities for building owners to reduce their environmental footprint and add value through cost savings, tax deductions, and increased market value. An analysis of 183 samples of efficiency measures in seven technology categories found that 74% of efficiency investments had a positive net present value. Building automation system and chiller plant improvements had the highest mean energy and carbon dioxide savings per square foot. Additionally, building automation systems had, on average …
