The American Recovery And Reinvestment Act: Examining The Spatial Distribution Of Federal Stimulus Funds,
2012
West Chester University of Pennsylvania
The American Recovery And Reinvestment Act: Examining The Spatial Distribution Of Federal Stimulus Funds, Matin Katirai, Jeffery L. Osgood Jr
Public Policy & Administration Faculty Publications
No abstract provided.
Infectious Disease Risks In Developing Countries: A Non-Market Valuation Exercise,
2012
University of Central Florida
Infectious Disease Risks In Developing Countries: A Non-Market Valuation Exercise, Shreejata Samajpati
Electronic Theses and Dissertations
This dissertation focuses on the non-market valuation of health-risks of malaria, an infectious disease that imposes a substantive public health burden across the globe, hitting particularly hard the tropical developing nations of Africa and Asia. The United Nations Millennium Development Goals include malaria control as a priority and large investments are underway to promote effective prevention and treatment. Despite such concerted supply-side efforts, malaria-related mortality and morbidity still abound due to a complex interface of factors like climate-change, poverty, inadequate control behavior, infection and prevention externalities, parasite resistance etc. This research project digs into the demand-side of the health problem, …
Health Effects Associated With Foreclosure: A Secondary Analysis Of Hospital Discharge Data,
2012
University of Nevada, Las Vegas
Health Effects Associated With Foreclosure: A Secondary Analysis Of Hospital Discharge Data, Nancy N. Menzel, Sheniz Moonie, Melva V. Thompson-Robinson
School of Public Health Faculty Research
Objectives. The purpose of this study was to assess the health effects of high home foreclosure rates in an area of the United States of America and the utility of hospital discharge data for this purpose. Methods.We analyzed hospital discharge data from three postal zip codes using the principal diagnosis for 25 Diagnostic Related Groups associated with stress. Descriptive statistics were used to characterize hospital discharge rates for each condition by year and zip code. To test for differences across time, the Cochran-Armitage trend test was performed. Results. Most conditions did not demonstrate a statistical change between 2005 and 2008. …
Economics, Innovations, Technology, And Engineering Education: The Connections,
2012
Old Dominion University
Economics, Innovations, Technology, And Engineering Education: The Connections, John M. Ritz, P. Scott Bevins
STEMPS Faculty Publications
Throughout history the success of economies around the world has in large part been influenced by technological growth and innovations. Along with such growth and innovations came higher living standards and an improved quality of life for citizens residing and participating in those economies. However, not all countries were able to grow and develop at the same rate, resulting in considerable differences in economic welfare across populations. As nations around the world address the 21st century, economic growth and prosperity for some nations will depend upon how well their citizens are equipped and motivated to seek new technological discoveries and …
Nonlinear Dynamics And Stability In A Multigroup Asset Flow Model,
2012
Chapman University
Nonlinear Dynamics And Stability In A Multigroup Asset Flow Model, Mark Desantis, David Swigon, Gunduz Caginalp
Economics Faculty Articles and Research
The multigroup asset flow model for asset price dynamics incorporates distinct motivations, e. g., trend and fundamentals (value) and assessments of value by different groups of investors. The stability and bifurcation properties are established for the curve of equilibria. We prove that if all trader groups focus on fundamentals, then all equilibria are stable. For systems in which there is one fundamental and one momentum (trend) group, we establish conditions for stability. In particular, an equilibrium that is stable becomes unstable as the time scale on which momentum investors focus diminishes. The computations examine the excursions, which we define as …
Strategic Defense And Attack For Series And Parallel Reliability Systems: Comment,
2012
Chapman University
Strategic Defense And Attack For Series And Parallel Reliability Systems: Comment, Dan Kovenock, Brian Roberson
Economics Faculty Articles and Research
The contest-theoretic literature on the attack and defense of networks of targets focuses primarily on pure-strategy Nash equilibria. Hausken's 2008 European Journal of Operational Research article typifies this approach, and many of the models in this literature either build upon this model or utilize similar techniques. We show that Hausken's characterization of Nash equilibrium is invalid for much of the parameter space examined and provides necessary conditions for his solution to hold. The complete characterization of mixed-strategy equilibria remains an open problem, although there exist solutions in the literature for special prominent cases.
Immigration Liberalization In The United States And Beyond,
2012
South Dakota State University
Immigration Liberalization In The United States And Beyond, Arran Davis
The Journal of Undergraduate Research
Although it is known as a country of immigrants, immigration has always been a controversial issue in the United States. Despite being a well-discussed topic for centuries, many citizens still suffer from false assumptions about immigration. The objective of this research was to investigate the impacts of immigration liberalization and to address commonly held assumptions about the impact of immigration. Both pro and anti-immigration literature was examined, with a focus on free market economics and the moral impacts of immigration policy. It was determined that liberalizing immigration fits within both left and right-leaning ideologies in the American political spectrum. Free …
David Hume On Public Credit,
2012
Trinity University
David Hume On Public Credit, Maria Pia Paganelli
Economics Faculty Research
In his essay Of Public Credit, David Hume argues against the institutionalization of public credit. Contrary to what is commonly believed, I claim Hume’s analysis of public credit is sound and it is an example of his worst-case thinking. Through textual and contextual analysis, I show for Hume public credit brings catastrophic results because men are knaves, systematically biased, and unlucky. Public credit is an appropriate institution to stimulate the economy only if men are perfect and perfectly predictable. But they are not. For Hume, considering the worst-case rather than the best-case helps prevent potential disasters. Public credit should therefore …
Three Essays On Financial Development,
2012
University of Kentucky
Three Essays On Financial Development, Biniv K. Maskay
Theses and Dissertations--Economics
My dissertation investigates three separate issues pertaining to a country's financial development. The first essay provides an introduction to the three essays. The second essay examines the combined effect of financial development and human capital on economic growth. While both financial development and human capital are individually positively correlated with growth, the literature has not emphasized their combined effect on growth. In this essay, I analyze the extent to which the effect of financial development on growth depends on a country's level of human capital. Using dynamic panel difference and system GMM, as well as the pooled OLS, I find …
Fiscal Federalism And Spatial Interactions Among Governments,
2012
University of Kentucky
Fiscal Federalism And Spatial Interactions Among Governments, Longjin Chen
Theses and Dissertations--Economics
This dissertation examines multiple state and local expenditure categories in the United States to expand understanding of fiscal federalism and spatial interactions among governments. First, the author investigates the relationship between police expenditures and crime rates from a spatial perspective. Both police expenditures and crime rates in one state are found to exhibit a similar pattern to that in neighboring states. Spatial correlation is also detected between police expenditures and crime rates. As police of neighbors in fact deter crime at home, there are positive externalities present among the states. Second, the author conducts new tests on the Leviathan hypothesis, …
Three Essays Concerning The Relationship Between Exports, Macroeconomic Policy, And Economic Growth,
2012
University of Kentucky
Three Essays Concerning The Relationship Between Exports, Macroeconomic Policy, And Economic Growth, Brandon James Sheridan
Theses and Dissertations--Economics
This dissertation consists of three essays that collectively investigate the relationship between exports, macroeconomic policy and economic growth. The first essay investigates the relationship between disaggregated exports and growthto address why many developing countries rely on primary goods as their main source of export income when evidence suggests they could earn higher returns by exporting manufactured goods.Using regression tree analysis, I find that although increasing manufacturing exports is important for sustained economic growth, this relationship only holds once a threshold level of development is reached. The results imply that a country needs a minimum level of education before it is …
Essays On The Persistence Of Poverty,
2012
University of Kentucky
Essays On The Persistence Of Poverty, T M Tonmoy Islam
Theses and Dissertations--Economics
My dissertation investigates the reasons behind the persistence of income among individuals and US counties. I look at the role of initial conditions in explaining current level of income. In my first essay, I look at how childhood neighborhood conditions affect income of a person. To study persistence, I model income as an autoregressive process where the coefficient on the lagged dependent variable heterogeneous across individuals. In my second essay, I derive a new way to measure chronic poverty, or long term poverty. Current measures of chronic poverty cannot be used to compare improvements of poverty rates over time. Using …
Three Essays On The Health Insurance Coverage Of Young Adults,
2012
University of Kentucky
Three Essays On The Health Insurance Coverage Of Young Adults, David M. Yaskewich
Theses and Dissertations--Economics
This dissertation examines the health insurance status of young adults during the transition to adulthood. In a series of three essays, I analyze what happens as young adults reach important milestones and the effects of public policies. The first essay is a descriptive study on how insurance status changes after reaching age 19 and graduating from college. The likelihood of becoming uninsured rises sharply once turning age 19 and then peaks at age 23. While the proportion uninsured also increases following college graduation, this increase disappears after one year. The second essay analyzes the effect of a dependent age law …
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 …
Occupy This: The Effect Of Income Inequality On Gdp Per Capita Growth Using Panel Data In The United States From 1963 To 2009,
2012
Claremont McKenna College
Occupy This: The Effect Of Income Inequality On Gdp Per Capita Growth Using Panel Data In The United States From 1963 To 2009, Dylan B. Lee
CMC Senior Theses
Income inequality and its relationship to long-term GDP per capita growth has been researched for decades since the development of the Kuznet’s Curve. Theoretical and empirical research has shown mixed results including positive, negative, non-existent, or statistically insignificant relationships. Empirical research on income inequality and economic growth in the United States has also shown mixed results. In addition to using existing data, this paper uses originally-constructed Gini Coefficients from 2005 to 2009. A statistically significant negative correlation between income inequality, and both short-term growth and long-term growth is found in the analysis of this data. Finally, this paper attempts to …
Can Online Sentiment Help Predict Dow Jones Industrial Average Returns?,
2012
Claremont McKenna College
Can Online Sentiment Help Predict Dow Jones Industrial Average Returns?, Aria K. Krumwiede
CMC Senior Theses
In this paper, we explore the relationship between a Global Mood Time Series, provided by Wall Street Birds, and the Dow Jones Industrial Average (DJIA) from April 2011 to December 2011. My econometric results show that there is no long run equilibrium relationship between the level of global mood and the level of the DJIA. These results apply to the whole period, as well as in the six-month subperiods. Furthermore, daily changes in global mood do not Granger cause DJIA returns. However, changes in global mood do appear to be useful in forecasting the volatility of the DJIA, and my …
Changes In The Effects Of Determinants Of Earnings Inequality And Their Labor Implications In Urban China, 1988 - 2002,
2012
Claremont McKenna College
Changes In The Effects Of Determinants Of Earnings Inequality And Their Labor Implications In Urban China, 1988 - 2002, Maira T. Mercado
CMC Senior Theses
This study seeks to analyze the changes in the effects of determinants of earnings inequality and their labor market implications in urban China from 1988 to 2002. It analyzes urban individual data from the 1988, 1995, and 2002 surveys of the China Household Income Project by studying its inequality measures and summary statistics, and by conducting an ordinary least squares regression, quantile regression, and regression-based decomposition analysis. It finds that the labor market has indeed been rewarding human capital variables, in which age and work experience, which are related to seniority, have been decreasing in their contribution to earnings inequality, …
Examining The Role Of Immigration In Crime Decline Across United States Cities,
2012
Claremont McKenna College
Examining The Role Of Immigration In Crime Decline Across United States Cities, Brianna J. Losoya
CMC Senior Theses
Despite previous research in this area, the relationship between immigration and crime in the United States remains ambiguous and surrounded by misconceptions. However, recently, scholars have suggested that, despite the claims of policy-makers and popularized sociological theories, large immigrant concentrations may be linked with lower as opposed to higher crime rates. In the past, research in this area has been imprecise due to it its implementation of cross-sectional analyses for a limited selection of geographic regions. However, through the implementation of time-series procedures and the use of annual data for metropolitan statistical areas during the 2005–2010 periods, the present study …
The Potential Application Of Weather Derivatives To Hedge Harvest Value Risk In The Champagne Region Of France,
2012
Claremont McKenna College
The Potential Application Of Weather Derivatives To Hedge Harvest Value Risk In The Champagne Region Of France, Andrew W. Yandell
CMC Senior Theses
In Champagne, France grape growers and and winemakers work together to make the world's most iconic sparkling wine. Part of what makes Champagne so celebrated is its reputation for constant quality: only the best grapes are used to make wine. In poor vintage years, grape growers sell less grapes to winemakers; poor vintages are the result of bad weather. This presents the opportunity for grape growers to hedge the risk of poor weather and resulting lower harvest values with weather derivatives. This study explores the potential for grape growers to trade them to effectively hedge against low harvest values by …
Finding Profitability Of Technical Trading Rules In Emerging Market Exchange Traded Funds,
2012
Claremont McKenna College
Finding Profitability Of Technical Trading Rules In Emerging Market Exchange Traded Funds, Austin P. Hallett
CMC Senior Theses
This thesis further investigates the effectiveness of 15 variable moving average strategies that mimic the trading rules used in the study by Brock, Lakonishok, and LeBaron (1992). Instead of applying these strategies to developed markets, unique characteristics of emerging markets offer opportunity to investors that warrant further research. Before transaction costs, all 15 variable moving average strategies outperform the naïve benchmark strategy of buying and holding different emerging market ETF's over the volatile period of 858 trading days. However, the variable moving averages perform poorly in the "bubble" market cycle. In fact, sell signals become more unprofitable than buy signals …
