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Articles 1 - 13 of 13

Full-Text Articles in Other Economics

Determinants Of Homeownership Among Immigrants: Changesduring The Great Recession And Beyond, Kusum Mundra, Ruth Uwaifo Oyelere Dec 2016

Determinants Of Homeownership Among Immigrants: Changesduring The Great Recession And Beyond, Kusum Mundra, Ruth Uwaifo Oyelere

Ruth Uwaifo Oyelere

No abstract provided.


Exploring The Relationship Between Agricultural Electricity Consumption And Output: New Evidence From Turkish Regional Data, Eyup Dogan, Maamar Sebri, Berna Turkekul May 2016

Exploring The Relationship Between Agricultural Electricity Consumption And Output: New Evidence From Turkish Regional Data, Eyup Dogan, Maamar Sebri, Berna Turkekul

Maamar Sebri

This study investigates the relationship between agricultural electricity consumption and agricultural output for a panel of 12 regions of Turkey for the period 1995–2013. In order to reveal the possible heterogeneity between regions, empirical analyses are conducted for the whole panel data and two sub-groups within the panel data; namely, coastal regions and non-coastal regions. The results from several panel unit root tests indicate that electricity consumption and output are stationary process at their levels for overall panel and the two specific groups. By using the OLS with regional fixed effects, this study finds that coefficient estimate of electricity ...


Gop Denying Women Basic Economic Rights, Alev Dudek Nov 2015

Gop Denying Women Basic Economic Rights, Alev Dudek

Alev Dudek

As the self-identified party of small government and “maximum economic freedom and the prosperity freedom makes possible,” Republicans have been working hard to restrict women’s rights and coerce them to conform to traditional roles, such as abstaining from sex until marriage, getting married, having babies, and ideally, relying on their husbands to support them. Their opposition to paycheck fairness bills is consistent with these efforts. Although, the pay gap is in contradiction with encouraging productivity, economic activity, and the American Dream that the GOP is allegedly trying to promote or restore. 


Underdogs Are Man’S Best Friend: A Test Of Football Market Efficiency, Ladd Kochman, Randy Goodwin Jul 2015

Underdogs Are Man’S Best Friend: A Test Of Football Market Efficiency, Ladd Kochman, Randy Goodwin

Ladd Kochman

Two mechanical betting rules that had exposed biases in previous studies were applied to National Football League games for the five consecutive seasons ending with the 2003 Super Bowl. Although bets on home teams produced only break-even results, wagers on underdogs posed a serious challenge to the efficient market hypothesis. One possible explanation is that favorites are no less “public” in the minds of bettors than IBM, GE, and the like are public in the minds of investors and may therefore be the victims of inflated expectations and point spreads.


Pricing Inefficiencies In The Football-Betting Market, Ladd Kochman, Ravija Badarinathi Jul 2015

Pricing Inefficiencies In The Football-Betting Market, Ladd Kochman, Ravija Badarinathi

Ladd Kochman

Since Pankoff (Journal of Business, 1968), investment writers have recognized that bets on the outcome of football games provide an unusually direct test of pricing efficiency by market consensus. In a football context, prices are proxied by pointspreads (values ranging from 1 to 50+, which represent the bettors' expectations regarding the stronger team's victory margin). Efficiency refers to the impossibility of using betting rules based on past performance or information not discounted by the spread to win consistently.


Disentangling Disadvantage: Can We Distinguish Good Teaching From Classroom Composition?, Gema Zamarro, John Engberg, Juan Saavedra, Jennifer Steele Dec 2014

Disentangling Disadvantage: Can We Distinguish Good Teaching From Classroom Composition?, Gema Zamarro, John Engberg, Juan Saavedra, Jennifer Steele

Gema Zamarro

This article investigates the use of teacher value-added estimates to assess the distribution of effective teaching across students of varying socioeconomic disadvantage in the presence of classroom composition effects. We examine, via simulations, how accurately commonly used teacher value-added estimators recover the rank correlation between true and estimated teacher effects and a parameter representing the distribution of effective teaching. We consider various scenarios of teacher assignment, within-teacher variability in classroom composition, the importance of classroom com- position effects, and the presence of student unobserved heterogeneity. No single model recovers without bias estimates of the distribution parameter in all the scenarios ...


Non-Myopic Negotiators See What's Best, Yair Zick, Yoram Bachrach, Ian Kash, Peter Key Dec 2014

Non-Myopic Negotiators See What's Best, Yair Zick, Yoram Bachrach, Ian Kash, Peter Key

Yair Zick

No abstract provided.


Wage Negotiation Under Good Faith Bargaining, Jesse Schwartz, Quan Wen May 2014

Wage Negotiation Under Good Faith Bargaining, Jesse Schwartz, Quan Wen

Jesse A. Schwartz

We study the wage negotiation model of Haller and Holden (1990) and Fernandez and Glazer (1991) under the "Good Faith Bargaining" (GFB) rule, where a party may not demand more than it has previously demanded. The GFB rule significantly restricts feasible strategies, but at the same time, makes the game non-stationary and the analysis complicated. We introduce a state-dependent backward induction that generalizes Shaked and Sutton (1984) to characterize the equilibrium payoffs. We find that the GFB rule eliminates the union's credibility to strike. Without the strikes, the union's strategic opportunities during disagreement disappear, so that there is ...


Dimensions Of Subjective Wellbeing, Arie Kapteyn, Jinkook Lee, Caroline Tassot, Hanka Vonkova, Gema Zamarro Dec 2013

Dimensions Of Subjective Wellbeing, Arie Kapteyn, Jinkook Lee, Caroline Tassot, Hanka Vonkova, Gema Zamarro

Gema Zamarro

We use two waves of a population based survey (the RAND American Life Panel) to investigate the relations between various evaluative and experienced well-being measures based on the English Longitudinal Study of Aging, the Gallup Wellbeing Index, and a 12-item hedonic well-being module of the Health and Retirement Study. In a randomized set-up we administered several versions of the survey with different response scales. Using factor analysis, we find that all evaluative measures load on the same factor, but the positive and negative experienced affect measures load on different factors. We find evidence of an effect of response scales on ...


Doing Wrong To Do Right? Social Preferences And Dishonest Behavior, Edward Okeke, Susan Godlonton Dec 2013

Doing Wrong To Do Right? Social Preferences And Dishonest Behavior, Edward Okeke, Susan Godlonton

Edward Okeke

Can pro-social preferences lead to dishonest or unethical behavior? Lab evidence suggests that it can. In this paper, we document some of the first field evidence of this phenomenon. In this study, individuals were hired as field staff and tasked with distributing subsidized price vouchers following a clearly specified protocol. We find substantial deviation from the protocol, i.e., cheating. We study the mis-allocation of the vouchers to gain some insight into motivations for dishonesty. In our main result we find that the field staff were significantly more likely to allocate the higher value vouchers (those representing a greater subsidy ...


Behavioural Responses To Beach Erosion And Climate Change, David Anning, Michael Raybould, Dan Ware, Neil Lazarow Nov 2013

Behavioural Responses To Beach Erosion And Climate Change, David Anning, Michael Raybould, Dan Ware, Neil Lazarow

Michael Raybould

No abstract provided.


The Journey To Safety: Conflict-Driven Migration Flows In Colombia, Gianfranco Piras, Nancy Lozano-Gracia, Geoffrey Hewings, Ana Maria Ibanez Dec 2009

The Journey To Safety: Conflict-Driven Migration Flows In Colombia, Gianfranco Piras, Nancy Lozano-Gracia, Geoffrey Hewings, Ana Maria Ibanez

Gianfranco Piras

No abstract provided.


Employee Pensions: Policies, Problems And Possibilities, Terea Ghilarducci, Christian Weller Dec 2006

Employee Pensions: Policies, Problems And Possibilities, Terea Ghilarducci, Christian Weller

Christian Weller

No abstract provided.