A Cross County Examination Of Fiscal Federalism In The 2016 Election, 2019 Union College - Schenectady, NY
A Cross County Examination Of Fiscal Federalism In The 2016 Election, Sarah Kaplan
The 2016 election has often been referred to as one of the most unorthodox elections in United States history. Both major candidates had their own unusual qualities about them. Hillary Clinton was the first woman to receive a major party’s nomination. Donald Trump ran with no political experience, using a rhetoric that was foreign to the established political world. And yet, Donald Trump did the unthinkable and was elected to the highest office in the nation. He triggered a voice that many felt was silenced in recent years. By laughing in the face of political correctness, and speaking about ...
A Smoothed Q-Learning Algorithm For Estimating Optimal Dynamic Treatment Regime, 2019 University of Washington
A Smoothed Q-Learning Algorithm For Estimating Optimal Dynamic Treatment Regime, Yanqin Fan, Ming He, Liangjun Su, Xiao-Hua Zhou
Research Collection School Of Economics
In this paper we propose a smoothed Q-learning algorithm for estimating optimal dynamic treatment regimes. In contrast to the Q-learning algorithm in which non-regular inference is involved, we show that under assumptions adopted in this paper, the proposed smoothed Q-learning estimator is asymptotically normally distributed even when the Q-learning estimator is not and its asymptotic variance can be consistently estimated. As a result, inference based on the smoothed Q-learning estimator is standard. We derive the optimal smoothing parameter and propose a data-driven method for estimating it. The ﬁnite sample properties of the smoothed Q-learning estimator are studied and compared with ...
Reinventing The Wheel: Comparing Family Friendly Vegas And Adult Friendly Vegas Revenue Growth, 2019 MGM Resorts International
Reinventing The Wheel: Comparing Family Friendly Vegas And Adult Friendly Vegas Revenue Growth, James Vaughn
International Conference on Gambling & Risk Taking
The one constant for Las Vegas is change, always looking for the Next Big Thing™. In the 1990s, Las Vegas engaged in a grand experiment: roller coasters, amusement parks, family pools and shows. In the 2000s, Las Vegas reinvented itself back to its roots: condo not amusement parks, sensual not swashbuckling shows, topless European ultra-pools not kiddie pools. While the house always wins, did the casinos of the 1990s or 2000s beat the ultimate house, going beyond nominal revenue growth into the jackpot of real revenue growth?
Apple V. Pepper: Rationalizing Antitrust’S Indirect Purchaser Rule, 2019 University of Pennsylvania Law School
Apple V. Pepper: Rationalizing Antitrust’S Indirect Purchaser Rule, Herbert J. Hovenkamp
Faculty Scholarship at Penn Law
In Apple v. Pepper the Supreme Court held that consumers who allegedly paid too much for apps sold on Apple’s iStore could sue Apple for antitrust damages because they were “direct purchasers.” The decision reflects some bizarre complexities that have resulted from the Supreme Court’s 1977 decision in Illinois Brick, which held that only direct purchasers could sue for overcharge injuries under the federal antitrust laws. The indirect purchaser rule was problematic from the beginning. First, it was plainly inconsistent with the antitrust damages statute, which gives an action to “any person who shall be injured in his ...
Productivity In Baseball: How Babe Ruth Beats The Benchmark, 2019 Appalachian State University
Productivity In Baseball: How Babe Ruth Beats The Benchmark, Peter A. Groothuis, Kurt W. Rotthoff, Mark C. Strazicich
The Journal of SPORT
Many statistics are used to measure the productivity of hitters in Major League Baseball, such as the number of home runs and the number of runs batted in a season. However, comparing the talent of individual players across time is difficult as rules and technologies change. In this paper, we propose applying a practice commonly utilized in the finance literature to compare the performance of individual stocks and other assets, namely, we “benchmark” the productivity of each player’s performance to players in the same time period. Applying our benchmarking strategy to annual Major League Baseball data from 1871-2010, we ...
Empowering Female Entrepreneurs Through Mentorship In Medellin, Colombia: Results From The Field, 2019 The University of San Francisco
Empowering Female Entrepreneurs Through Mentorship In Medellin, Colombia: Results From The Field, Theresa Solenski
Utilizing the power of local knowledge and peer networking, this study attempts to quantify the impacts of mentorship among female micro-entrepreneurs in Medellin, Colombia on empowerment. Developing countries such as Colombia have disproportionately high rates of unprofitable micro-businesses, many of which are managed by women. Internal constraints, such as disempowerment, play a central role in perpetuating poverty. We implement a 6-month mentoring intervention by pairing 18 successful entrepreneurs with 52 disadvantaged female, micro-entrepreneurs in Medellin, Colombia to measure the additional benefit of localized knowledge to micro-borrowers. Using a process of random assignment, I measure the change in female empowerment, measured ...
The Impact Of Cleft Lip/Palate And Clp Surgical Intervention On The Social Integration Of Adolescents In India, 2019 The University of San Francisco
The Impact Of Cleft Lip/Palate And Clp Surgical Intervention On The Social Integration Of Adolescents In India, Mustafa Zahid
Cleft Lip/Palate, a congenital orofacial anomaly, carries an incidence rate of approximately 1 in every 1000 births. In addition to the stigma associated with the condition, the varying levels of cleft severity might result in lower life outcomes which could include lower cognitive ability, physical and psychological well-being, social and behavioral outcomes of adolescents. This paper focuses on the social integration element of life outcomes, which is composed of the social inclusion and prosocial behavior of the adolescent. Despite the affordability of restorative surgeries, patients in rural areas of Low and Middle-Income Countries (LMICs) such as India face accessibility ...
The Long-Run Effects Of Tropical Cyclones On Infant Mortality, 2019 The University of San Francisco
The Long-Run Effects Of Tropical Cyclones On Infant Mortality, Isabel Miranda
In the United States alone, each tropical cyclone causes an average of $14.6 billion worth of damages. In addition to the destruction of physical infrastructure, natural disasters also negatively impact human capital formation. These losses are often more difficult to observe, and therefore, are over looked when quantifying the true costs of natural disasters. One particular effect is an increase in infant mortality rates, an important indicator of a country’s general socioeconomic level. This paper utilizes a model created by Anttila-Hughes and Hsiang, that takes advantage of annual variation in tropical cyclones using annual spatial average maximum wind ...
Captive Nations: Measuring Economic Growth On Native American Reservations In California, 2019 University of San Francisco
Captive Nations: Measuring Economic Growth On Native American Reservations In California, Mahsa Ashabi
A history of institutional oppression and genocide has shaped Native American communities across the United States today, reflected in large disparities of socioeconomic outcomes and infrastructure. Due to a lack of comprehensive data and macroeconomic research, alternative forms of spatial data and theories regarding human settlement are needed to develop an understanding ofthis stagnation. In our efforts to better understand growth on Native American reservations, we utilize nighttime lights data to proxy for economic output in these geographic areas, measuring the settlement characteristics ofreservations themselves and against surrounding U.S. regions. Through a series of log-log regressions that focus on ...
Are Menstrual Cycles A Biological Determinant Of Well-Being Amongst Sierra Leonean Schoolchildren?, 2019 The University of San Francisco
Are Menstrual Cycles A Biological Determinant Of Well-Being Amongst Sierra Leonean Schoolchildren?, Ashwini Shridhar
The influence of hormones and biology on behavior is a topic that is rife with controversy, especially when it comes to sexual hormones. There is even more murkiness when it comes to the topic of menstruation and knowledge about women’s menstrual cycles. Recent research on this topic have seen a link between the hormonal fluctuations during menstrual cycles and various behavioral implications on competition, cooperation, and risk behavior. This study tries to expand existing knowledge by examining whether there is a link between hormonal fluctuations during menstrual cycles and risk preferential behavior using economic experiments in the largely understudied ...
Measuring Cocoa Agricultural Productivity: A Spatio-Temporal Econometric Approach, 2019 The University of San Francisco
Measuring Cocoa Agricultural Productivity: A Spatio-Temporal Econometric Approach, Yurlady Chaverra-Palacios
A significant increase of 50.5 percent in the national production of cocoa was registered between 2011 and 2015 in Colombia. Nevertheless, 5,890 tons were imported in 2015 to supply domestic demand. Unlike other crops, the production of cocoa has made a significant contribution to the income of approximately 38,000 families of which 90 percent are small farm-producers with very little capital. Facilitating credit for investment is one of the main strategies of the national government to increase cocoa productivity. Correspondingly, the impact of the credit for investment on the cocoa agricultural productivity and if those investments have ...
Monetary Equilibrium And The Cost Of Banking Activity, 2019 Sveriges Riksbank
Monetary Equilibrium And The Cost Of Banking Activity, Paola Boel, Gabriele Camera
ESI Working Papers
We investigate the effects of banks’ operating costs on allocations and welfare in a low interest rate environment. We introduce an explicit production function for banks in a microfounded model where banks employ labor resources, hired on a competitive market, to run their operations. In equilibrium, this generates a spread between interest rates on loans and deposits, which naturally reflects the underlying monetary policy and the efficiency of financial intermediation. In a deflation or low inflation environment, equilibrium deposits yield zero returns. Hence, banks end up soaking up labor resources to offer deposits that do not outperform idle balances, thus ...
A Statistical Analysis Of Economic Perceptions In The 2015 United Kingdom General Election, 2019 Durham University
A Statistical Analysis Of Economic Perceptions In The 2015 United Kingdom General Election, Amarvir Singh-Bal Mr.
Undergraduate Economic Review
This paper characterises the vote which took place in the United Kingdom's (U.K.) 2015 General Election as an ‘accountability instrument.’ In doing so, the research interrogates which sections of the electorate hold the incumbent government more accountable for economic outcomes between the 2010 and 2015 U.K. General Elections. The Rational Choice Theory and the Michigan Model are used in this study to present two interlinked, and yet distinct, hypotheses – that less politically informed and non-partisan voters are more likely to hold the government accountable for economic performances; compared to the politically informed and partisan voters within the ...
Crime, Unemployment And Society In India: Insights From Rape Data, 2019 Kamala Nehru College, University of Delhi
Crime, Unemployment And Society In India: Insights From Rape Data, Prashansa Srivastava Ms
Undergraduate Economic Review
This paper empirically analyses the relationship between unemployment and rape, using data from 11 states of India. This is undertaken to test whether there is a positive or negative association between unemployment and crime, in particular rape, using the tools of econometrics. Three significant results emerge. First, there exists a negative association between rape and unemployment in India. Second, literacy rates have a positive coefficient with the reasonable interpretation being literacy increases reported rape not actual rape. Third, positive gender developments have a crucial bearing on violent crime against women. The paper is unique in studying rape in relation to ...
Financial Red Flags: Empirical Mapping Of Firm Political Preferences By Sector In Mexico, 2019 University of San Francisco
Financial Red Flags: Empirical Mapping Of Firm Political Preferences By Sector In Mexico, Ian Connors
Can the stock market be used to determine the political preferences of individual economic sectors? This paper explores the conceptual relationship between electoral outcomes and financial markets in Mexico. Specifically, it analyzes how financial markets predict the expected effects of a given political platform on the performance of firms within specific sectors. To do this, the study used event-study methodology to calculate abnormal returns on stock prices across the nine sectors listed on the Bolsa Mexicana de Valores stock exchange following the historic election of leftist candidate Andrés Manuel López Obrador (AMLO), On July 1, 2018. However, despite the uncertainty ...
Challenges To Economic Resiliency And Performance: Measuring The Regional Impacts Of Rurality And Space, 2019 The University of Maine
Challenges To Economic Resiliency And Performance: Measuring The Regional Impacts Of Rurality And Space, Elena S. Smith
Electronic Theses and Dissertations
It is commonly observed that there are inequalities found in economic growth, development, and performance between different regions. Because of this, it is vital for regional planners to have knowledge to which economic problems are present (Armstrong and Taylor, 2000; Martin, 2005). With such knowledge, planners are able to tailor and implement regional policies in an informed manner that is better suited to address economic problems. Found in this work are two studies that contextualize separate economic problems which have been extensively discussed within regional sciences and rural studies.
The first study seeks to assess how a county’s degree ...
The Quality Of Xbrl Structured Financial Statements: An Empirical Examination Of Custom Tags, 2019 CUNY Hunter College
The Quality Of Xbrl Structured Financial Statements: An Empirical Examination Of Custom Tags, Aidana Razhap Kyzy
School of Arts & Sciences Theses
In 2009 the US Securities and Exchange Commission (SEC) adopted the eXtensible Business Reporting Language (XBRL) system to improve the process by which financial statements can be used. Interactive financial data filed with the SEC using XBRL provides easily readable and comparable financial data, thereby improving transparency and efficiency in the corporate market. SEC rules permit companies to use custom tags in their financial reports in cases when an appropriate element cannot be found in the Financial Accounting Standards Board (FASB) standard XBRL taxonomy. The inordinate use of custom tags may result in a reduction of financial report quality by ...
An Evaluation Of The Impact Of Leading Pedestrian Interval Signals In Nyc, 2019 CUNY Hunter College
An Evaluation Of The Impact Of Leading Pedestrian Interval Signals In Nyc, Jeremy J. Sze
School of Arts & Sciences Theses
I evaluated the impact of the phased introduction of Leading Pedestrian Interval Signals (LPIs) on collision and injury outcomes at 12,987 signalized traffic intersections in New York City over the course of 25 quarters from 2012 to 2018. An intersection is treated when a LPIs is installed to give pedestrians lead time to cross the street before vehicles are allowed to move. Outcomes from NYPD’s Motor Vehicle Collisions data were matched to signalized intersections. I hypothesize that LPIs would reduce collisions and reduce injuries for pedestrians at intersections. A difference in difference fixed effects panel regression was used ...
Essays On Convex Weighting For Global Vector Autoregressive Models, 2019 Southern Methodist University
Essays On Convex Weighting For Global Vector Autoregressive Models, Garrison Leach
Economics Theses and Dissertations
This dissertation focuses on studying the impact that weighting schemes can have on forecasting performance and dynamic analysis in global vector autoregressive (GVAR) models. The first chapter discusses an existing gap in the literature regarding weighting scheme choice and develops a simple, yet powerful method for defining richer spatial linkages in a way that doesn’t sacrifice economic context. The new technique called convex weighting, extends the set of available options for defining spatial linkages in models that handle the curse of dimensionality via compression and offers a justifiable approach to alleviating uncertainty. The second and third chapters apply the ...
Does Family Income Determine A Children Future Educational Attainment Level?, 2019 State University of New York College at Buffalo - Buffalo State College
Does Family Income Determine A Children Future Educational Attainment Level?, Diaisha T. Richards
Applied Economics Theses
Family income and education have been a major concern in a variety of researches, and as a topic in society. These two components are a major concern because they are known to be key elements in determining future success for an individual. Various studies investigated the significance, correlations and impacts these two factors have on one another. It is common for the amount of family income obtained to determine how much education one will receive in the future. This study focuses on testing the hypothesis that family income determines how much education a child will receive in the future. By ...