Other Economics Commons^™

The Impact Of Socioeconomic And Environmental Factors On Infant Mortality In The U.S., Tai Abukasis

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines socioeconomic and environmental agents that may affect infant mortality rates among Whites, Blacks, and Hispanics in the United States. Data was collected at the state level from both federal and private databases. Three separate ordinary least squares regressions were taken for each of the aforementioned demographics. The correlations between the independent variables and infant mortality were examined from a racially-based perspective to further evaluate potential underlying causes regarding geographic, financial, and environmental constituents. Analysis of the regressions revealed that particular variables affect the rate of infant deaths among races differently and that racial disparity continues to exist …

The Impact Of An Economic Recession On Etf Sectors: Which Etf Sectors Are Most Recession-Proof?, Salvatore Galbo

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates which ETF sectors are most recession-proof by focusing on sector performance and finding the possibility of a positive or negative correlation between specific sectors and the overall market performance during such recessionary times. The study compares the percentage gain or loss by each ETF sector with regression analysis to determine which sectors perform better than the overall market performance during an economic downturn. The study incorporates the most recent recession and the recession during 2001, when the technology bubble burst occurred, to find any relevance and/or consistency in my study. The results show that out of all …

Labor Productivity, Inflation, And Unemployment's Relationship With Wage Formation In The United States, Peter Longhi

Empirical Economic Bulletin, An Undergraduate Journal

This paper discusses unemployment, labor productivity and inflation’s effect on wage formation in the United States. This paper looks at a very well researched topic of wage formations relation to unemployment and labor productivity to see if there is a long term homogenous relationship between the wage levels and the dependent variables. By using quarterly data from 1996 to 2009, I will attempt to observe if wages are following the classical theoretical relationship in the United States. The specified time period will allow us to observe a distinct boom and bust in the economy. I expect to find a long …

What Drives The United States Housing Starts, Myles Ojala

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the determinants of new housing starts within the United States. Using recent monthly data, this study will consider factors such as residential building permits, long and short-term mortgage rates, savings rates, and mortgage availability, to show how each of these variables influence the U.S housing market in the form of residential housing starts. Using a VAR model, this paper will show the impact that the vector variables have on each other, and especially, housing starts. By using a split set of data, this paper will also show the impact of the vector variables on housing starts during …

Factors Effecting Gdp Growth In Member States Of The European Union, Kris Mortimer

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the GDP growth in member states of the European Union from 1978 until 2007. As most people are well aware of, GDP is calculated by the sum of consumption, government expenditure, investment, and net exports. The research conducted for this paper intends to discover what other variables have affected GDP growth in the past 30 years. The variables used in this paper include the public expenditure on education, total population, inflation, percentage of population who are adolescents (0-14), adults (15-64), or elderly (65+). Today there are twenty-seven member states in the Union from which I have compiled …

An Analysis Of Gender Based Wage Differential Among Teachers In The United States, Kendal Glen Cehanowicz

Empirical Economic Bulletin, An Undergraduate Journal

Do teachers with similar experience and age but different genders earn the same income? This study investigates the income of teachers relative to their age, education, experience, race and gender. Studies have shown that inequality in the gender wage gap is a trend which closed for almost two decades, but has recently widened again. This study identifies a specific line of work where injustice can be seen and aims to bring this knowledge to light. The Current Population Survey (CPS) data set from 2005-2009 will be used for this study. This study finds empirical evidence that gender differences do in …

Determinants Of Savings In Latin American Countries, Jamie Walker

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the determinants of the Savings per capita in Latin American Countries during the years 2002 to 2005 and their significance. Using these years provides a look at how the Latin American Countries emerged from an inflation prone society in the 1990’s to a diverse economic body according to Hernan Buchi the former finance minister of Chile. The study takes several models and applies them towards the Latin American Countries of Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, Dominican Republic, Guatemala, Honduras, Mexico, Panama, Peru, Uruguay, and Venezuela. The study will use macro-level data to determine which of …

The Correlation Of Monetary Policy, Inflation And Stock Returns During Periods Of Inflation And Deflation, Jason Megaro

Empirical Economic Bulletin, An Undergraduate Journal

This paper examines the debated issue of the existence of a relationship between a country’s monetary policy and the relative stock market and stock returns. Specifically, the paper examines the affect and correlation of overnight interest rate (known as federal funds rate in U.S.), inflationary rate and stock returns on and with each other, respectively, during periods of inflation and deflation. The deflationary period investigated is the period of deflation in Japan and the inflationary period examined is over the last decade in the United States. The analysis is performed using multivariate VAR/VEC co-integrating specifications to supplement the results from …

Determinants Of Teen Pregnancy: An Empirical Assessment Of Oecd Countries, Maxine Pamela Outerbridge

Empirical Economic Bulletin, An Undergraduate Journal

This research paper investigates the determinants of teen pregnancy to uncover potential correlations among several social and economic factors. The study incorporates empirical data into a multivariate linear regression model to examine the impact of various socioeconomic variables such as education, income, health expenditure, abortion rates, and derive a comparison of the status of teen pregnancies among OECD countries. This study expands earlier research that concentrated on several of the most developed nations by emphasizing the socioeconomic status of women throughout the OECD members and uncovering the significance of governmental initiatives to improve such status. This study also aims to …

The Determinants Of Foreign Direct Investment: Evidence From Latin America And The Caribbean, Nicholas Colongeli

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the impact of determinants on the inflows of FDI to the Latin American and Caribbean region. The study incorporates cross-country information to describe incentives influencing flows of FDI into the region from 1992 - 2008. Factors are modeled using a least-squared regression model and are determined as significant. The results from the research and tests performed emphasize the correlation between specific economic indicators and flows of FDI. Using macro – level data from various sources, the results generally suggest that factors such as degree of openness and market size have a positive correlation with FDI flows; whereas, …

Determinants Of Foreign Direct Investment In An Emerging Market Economy: Evidence From India, Carlos Resende Jr.

Empirical Economic Bulletin, An Undergraduate Journal

Over the past few years, India has recorded a substantial increase in the level of annual foreign direct investment (FDI) inflows. This paper examines the relationship between foreign direct investment and domestic investment, while using the ordinary least squared technique, and a time series analysis from the period 1979-2008. Building on the prior literature, this paper provides an empirical analysis of domestic determinants of FDI such as size of market, openness to trade, infrastructure, attractiveness to domestic market, and exchange rate instability. In addition, this paper will include technology growth and specific variables to examine local determinates of FDI in …

Energy Consumption, Fdi, Government Effectiveness Economic Growth., Aaron Borges

Empirical Economic Bulletin, An Undergraduate Journal

The availability of energy is essential in initiating and sustaining economic growth. FDI has also been positively linked to economic growth although some argue that economic growth promotes FDI. Studies examining the government effectiveness of nations have suggested FDI is more effective and energy resources are used more effectively when a country has solid governance. While studies have examined these aforementioned macroeconomic issues, there is no empirical study that examines all these variants within the same model. This paper investigates these factors and their effect on economic growth throughout 50 nations for the year of 2005. Economic growth is calculated …

Determinants Of Female Labor Force Participation In United States, Dongni Wan

Empirical Economic Bulletin, An Undergraduate Journal

This paper is trying to discover the determinants of female labor force participation in United States from the year 2000 to 2009. The study contains over 1 million observations through-out the 4 business cycles and the household data from Current Population Survey (CPS) suggested that female labor force participation in the United States was influenced by several factors, namely, educational attainment, family income, marital status, age, race, number of children in the household. Women with higher education level and from wealthier households have a greater tendency of joining the labor force while those with only high school or lower degree …

Why You Pay What You Pay At The Pump, Jason Orne

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates several factors that strongly influence the day to day consumer price of Gasoline in America. This study incorporates existing information on the most likely variables that should influence gasoline prices from the beginning of 2006 to the very end of 2009. The study looks at contributing factors that include the average price of gasoline from the week before (pennies per gallon), the current weeks average oil price (Dollars per barrel), the previous weeks average oil price (Dollars per barrel), and the US production, and consumption of gasoline (1000 barrels per day). Using macro-level data from the US …

Financial Liberalization And Banking Crises: A Cross-Country Analysis, Apanard P. Angkinand, Wanvimol Sawangngoenyuang, Clas Wihlborg

Business Faculty Articles and Research

Several studies indicate that financial liberalization contributes to the likelihood of a financial crisis. We focus on banking crises and argue that they are most likely to occur after an intermediate degree of liberalization. Using a recently updated dataset for financial reforms in 48 countries between 1973 and 2005, we find an inverted U-shaped relationship between liberalization and the likelihood of crisis. We ask whether the relationship remains when institutional characteristics of countries and dynamic effects of liberalization are considered. The empirical results indicate that the relationship between liberalization and banking crises depends strongly on the strength of capital regulation …

Product Innovation And Stability Of Collusion, Sougata Poddar, Bibhas Saha

Economics Faculty Articles and Research

We study the nature of market competition in relation to stability of collusion in the infinitely repeated play of a twostage game of product innovation and market competition, and show that cooperation in giving R&D efforts is more easily sustained when firms compete in quantity than in price.

Understanding The M-Form Hypothesis, Matthew J. Holian

Faculty Publications

The theory of the firm deserves to play a prominent role in both the undergraduate and graduate industrial organization curriculum, both because of the vast amount of attention that has been paid to this area over the last four decades, as well as its practical relevance for strategy and antitrust. This lecture briefly presents some background on the theory of the firm in general, and the M-form Hypothesis in particular. The M-form Hypothesis is an important theory of firm structure, developed by Chandler (1962) and Williamson (1975). A mathematical model, discussion section and accompanying lecture slides illustrate the concepts necessary …

Revitalizing The Signaling Power Of Class Rank At Colby College, Nicholas Van Niel

Honors Theses

Consistent with trends at American colleges and universities nationwide, grades have been monotonically increasing at Colby College over the past decade while controlling for student aptitude. A rich data set that describes every Colby student over three cohorts is used to predict student performance. By comparing the mean predicted grade to the mean actual grade in a department, it is seen that some departments award mean grades that are significantly higher than predicted grades warranted by explainable factors. With some departments giving significantly higher grades than other departments, the current grading system is susceptible to awarding unwarranted higher grades to …

Capm In Up And Down Markets: Evidence From Six European Emerging Markets, Jianhua Zhang, Clas Wihlborg

Business Faculty Articles and Research

The pricing of equity in six European emerging capital markets is analysed using both the conventional CAPM and a ‘conditional’ CAPM wherein up and down markets are separated. International influences on the stock markets are also analysed. The empirical evidence from a sample of 1,131 firms from the six markets indicates that there exists a significant relationship between beta and returns when up and down markets are separated. The international CAPM performs well in some markets that have become increasingly integrated with the world market. The general implication of the analysis is that beta can be a useful risk-measure for …

New School In Exile Student Statement, Anwar Shaikh Phd

Archives of Anwar Shaikh

his collection includes:

• Statement to New School students. New School in Exile. New York, New York. Date not stated. Unpublished student statement.
• Statement from student occupation, New School in Exile. New School in Exile. New York, New York. Date not stated. Unpublished student statement.