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The History And Development Of British Tramways And The Impacts That It Had, Noam Schuldenrein 2017 Honors College, Pace University

The History And Development Of British Tramways And The Impacts That It Had, Noam Schuldenrein

Honors College Theses

The thesis is about the general history of the British tramways and how they developed throughout England in the nineteenth century. It includes their general development; how it affected England economically; how it affected England demographically; and how it affected the surrounding neighborhoods in England.


Patterns Of Enslavement And Economic Oppression Of Central Virginia, Hannah Bedwell 2017 Virginia Commonwealth University

Patterns Of Enslavement And Economic Oppression Of Central Virginia, Hannah Bedwell

Undergraduate Research Posters

I address how anthropologists can identify the patterns and development of slavery and economic oppression through archaeology and the visualization of Virginia enslavement. I focus on the enslaved people of James Madison's Montpelier. I use 3D modeling as a foundation for integrating enhanced visuals with the goal of presenting a tangible understanding of the enslaved individuals in relation to the artifacts and history of the archaeological sites. I intend to show a common theme in economic oppression by comparing modern themes in slavery and examining Fraser D. Neiman's synthesis of the evolutionary perspective of slavery, and how little ...


The End Of The Three Percent Rule: How Structural Changes In The U.S. Economy Have Impacted Economic Growth, Maxwell J. Urman 2017 Claremont McKenna College

The End Of The Three Percent Rule: How Structural Changes In The U.S. Economy Have Impacted Economic Growth, Maxwell J. Urman

CMC Senior Theses

Using data from government sources (FRED, BEA, BLS), the thesis explores the underlying reasons for declining U.S. economic growth. A long standing trend of annual 3% growth no longer seems to hold true for the economy. The paper summarizes current theory as to why the growth has slowed and finds new explanations by analyzing the various major industries which make up GDP. The results show that sectoral shifts in employment from high paying industries to low paying industries help to explain a significant portion of the decline in national growth rates. The decline in growth is primarily driven by ...


The Real Estate And Stock Market During The Great Depression: Construction Permit Growth As A Leading Economic Indicator For Stock Returns, Will Cresap 2017 Claremont McKenna College

The Real Estate And Stock Market During The Great Depression: Construction Permit Growth As A Leading Economic Indicator For Stock Returns, Will Cresap

CMC Senior Theses

The 1929 stock market crash on Black Thursday, followed by the subsequent four-year period of extreme economic downturn, signifies an extremely profound piece of U.S. history. During this time, global economic productivity – measured by GDP – decreased while the U.S. unemployment rate increased staggeringly. Leveraging construction permits as a forward-looking measure of economic activity, I empirically evaluate the effect of construction permits – specifically, the lagged growth rate of monthly construction permits – and lagged monthly stock returns on monthly Standard & Poor's 500 (S&P 500) stock returns. Lagged construction permit returns and lagged stock returns provide early indications (i ...


Institutionalized: How Racial Wealth Inequality Creates A Cycle Of Mass Incarceration, Alphonso C. Kenneth 2017 Bard College

Institutionalized: How Racial Wealth Inequality Creates A Cycle Of Mass Incarceration, Alphonso C. Kenneth

Senior Projects Fall 2017

Racial wealth inequality is a relentless cycle that operates uniquely in America because it implies that the racial consequences of racism continue to influence decisions made in structures and institutions and create unjust economic relationships between white and Black people in America.(Richard F. America) The recent political discourse alleges, by asserting neoclassical theory, that the wealth divide is resultant of differences in self-determination, prioritization, and work ethic alone varying across racial demographics — reinforcing the assumption that some races of people (Whites and Asians, for example) work harder than others(like Blacks). Therefore, by the transitive property, racial wealth inequality ...


From The Fair Labor Standards Act To Individual State Minimum Wages: Measuring State Minimum Wages And Economic Performance, Adam Charles Carafotes 2017 Bard College

From The Fair Labor Standards Act To Individual State Minimum Wages: Measuring State Minimum Wages And Economic Performance, Adam Charles Carafotes

Senior Projects Spring 2017

This project will analyze the historical foundation of the minimum wage in the United States prior to the first federal wage enactment in 1938 to the current federal wage as well as individual state wages. This paper will offer a historical overview along with economic ideology in determining appropriate minimum wage floors on state and federal levels of the economy. The question of raising either state or federal minimum wages has drawn great importance in the eyes of our country and in the eyes of economic thinkers, policymakers, and individuals. The minimum wage has been the backbone for working individuals ...


Is Silence The Answer?, Gator Adams 2017 Claremont McKenna College

Is Silence The Answer?, Gator Adams

CMC Senior Theses

This study examines the relationship between company management guidance, and ex-ante crash risk over the duration of 2008(Jan 2006-Dec 2009) financial crisis using the implied volatility skew, which is based upon ex-ante volatility implied by the pricing model developed by Black-Scholes (1973). The study finds that over the duration of this crisis period, management guidance decreases with a rise in ex-ante crash risk. Further, the study provides evidence on the relationship of management guidance and earnings volatility, and how that is affected by a firm's industry product concentration based on the Herfindahl-Hirschman Index (HHI) score.


The Political Economy Of State-Level Emergency Unemployment Relief: The Case Of The New York Tera, 1931-37, Hasani J. Gunn 2017 Bard College

The Political Economy Of State-Level Emergency Unemployment Relief: The Case Of The New York Tera, 1931-37, Hasani J. Gunn

Senior Projects Fall 2017

Governor Franklin D. Roosevelt created The New York State Temporary Emergency Relief Administration (TERA) in response to the Great Depression. Operating from 1931-37, this state-level jobs-and-income style policy featured comprehensive in-kind assistance, “home relief,” and emergency unemployment relief, “work relief.” Though the program is fascinating just in this respect, it has been systematically overshadowed by the alphabet soup of New Deal era relief policies. We revisit the TERA to shed light on what it offered to the people of NY and, overall, what it offered to the economy. We find significant evidence that the program stabilized the State economy by ...


What Goes Up Must Come Down: The Relationship Between The Housing Market Boom And The Subsequent Economic Downturn: Evidence From The Msa Level, Bruce Dale Service 2017 Claremont McKenna College

What Goes Up Must Come Down: The Relationship Between The Housing Market Boom And The Subsequent Economic Downturn: Evidence From The Msa Level, Bruce Dale Service

CMC Senior Theses

Using MSA level data, the paper shows, that geographic areas which experienced the largest housing bubble generally suffered a more serious subsequent economic downturn. More specifically, the paper establishes that MSAs with larger declines in housing permits had larger increases in unemployment. There also appears to be strong evidence of a correlation between the magnitude of a housing boom and the timing of the decline in housing permits. MSAs which experienced larger real housing inflation offered early indications of the subsequent Great Recession.


Institutional Development: Interpreting The Russian Case, Joshua W. Rooney 2017 Claremont McKenna College

Institutional Development: Interpreting The Russian Case, Joshua W. Rooney

CMC Senior Theses

A fundamental question to both historians and development economists is why countries today are able to reach and maintain such starkly different economic outcomes. Popular explanations include geographic and climatological features, short-term policy decisions, and economic institutions. This paper looks at the importance of violence and social pressure in the transformation and conservation of political and economic institutions in Russia. It finds that several major historical legacies including serfdom, Mongol dominance, Orthodoxy, and authoritarianism significantly influence both the past a present institutional setting. Furthermore, such legacies have proven to be major obstructions to the emergence of economic liberalism.


The Economy Of Evangelism In The Colonial American South, Julia Carroll 2017 University of Massachusetts Amherst

The Economy Of Evangelism In The Colonial American South, Julia Carroll

Masters Theses

Eighteenth-century Methodist evangelism supported, perpetuated, and promoted slavery as requisite for a productive economy in the colonial American South. Religious thought of the First Great Awakening emerged alongside a colonial economy increasingly reliant on chattel slavery for its prosperity. The records of well-traveled celebrity minister and provocateur of the Anglican tradition, George Whitefield, suggest how Calvinist-Methodist evangelicals viewed slavery as necessary to supporting colonial ministerial efforts. Whitefield’s absorption of and immersion into American culture is revealed in his owning a plantation, portraying a willingness to sacrifice the mobility of the disfranchised for widespread consumption of evangelical thought. A side ...


Europa Regina: The Effect Of World War Ii On European Female Labor, Helen Harris 2017 University of Colorado, Boulder

Europa Regina: The Effect Of World War Ii On European Female Labor, Helen Harris

Undergraduate Honors Theses

Previous research suggests that WWII induced a lasting increase in American female labor force participation. This paper explores if WWII influenced European female labor force participation in a similar way from 1940 to 1960. The analysis regresses changes in female labor force participation after the war, on changes in military mobilization rates for 17 European countries. The results show that the European female labor force participation growth rate decreased during the decade 1940-1950 and increased from 1940-1960. While these results are statistically significant and female specific, they are relatively small in magnitude. Within these changes were sectoral changes, primarily a ...


Master's Tools And The Master's House: A Historical Analysis Exploring The Myth Of Educating For Democracy In The United States, Timothy Scott 2017 University of Massachusetts Amherst

Master's Tools And The Master's House: A Historical Analysis Exploring The Myth Of Educating For Democracy In The United States, Timothy Scott

Doctoral Dissertations

Over the past forty-years, neoliberal education reform policies in the U.S. have spurred significant resistance, often galvanized by claims that such policies undermine public education as a vital institution of U.S. democracy. Within this narrative, many activists call to “save our schools” and return them to a time when public schools served the common good. With these narratives in mind, I explore the foundational and persistent power structures that characterize the U.S. as a means to reveal the fundamental purpose of its public education system. The questions that guide my research include: (1) With an understanding that ...


A Refuge For Refugees: The Historical Context And Socioeconomic Impact Of Palestinian Refugees In Jordan, Amelia Marie Dal Pra 2017 Pepperdine University

A Refuge For Refugees: The Historical Context And Socioeconomic Impact Of Palestinian Refugees In Jordan, Amelia Marie Dal Pra

Global Tides

Today more than 41 percent of the Jordanian population is comprised of Palestinian refugees. Some argue that Jordan has become the new Palestinian state in place of their former land pre-1948. This paper presents the complications of this claim by focusing on the Jordanian government’s constitutional provisions on refugee citizenship, Palestinian support programs and the role the Palestinian identity has played in the integration, or lack thereof, of Palestinian refugees into the social, political, and economic spheres of Jordanian society.


The Rise And Fall Of The Zaibatsu: Japan's Industrial And Economic Modernization, David A. C. Addicott 2017 Pepperdine University

The Rise And Fall Of The Zaibatsu: Japan's Industrial And Economic Modernization, David A. C. Addicott

Global Tides

Throughout the past century, the rise and fall of the zaibatsu and the operations of their direct successors has not only shaped Japan’s economic and financial landscape but also has been instrumental in the modernization of the world economy. Many of these corporations traced their roots to Japan’s premodern era, and were directly responsible for the transformation of a nation of rice farmers into an industrial powerhouse in the years prior to World War II. Following Japan’s defeat, these monopolistic corporations were dismantled by the Keynesian economists of the Allied occupation and were reorganized into the keiretsu ...


“Where The West Began: Environment, Transportation, And Capitalism In Marion County, Indiana, 1820-1860”, Kelly Stephen Wenig 2017 Iowa State University

“Where The West Began: Environment, Transportation, And Capitalism In Marion County, Indiana, 1820-1860”, Kelly Stephen Wenig

Graduate Theses and Dissertations

This dissertation examines Midwestern development and focuses on the early development of Marion County, Indiana, through the end of the Civil War and examines the ways that the region’s overwhelmingly rural residents adapted to the challenges and successes of the urban growth and market interconnectivity that they sought from the moment of settlement. Starting with initial meetings of the Marion County Commissioners and examining major municipal turning points including the passage of the Mammoth Internal Improvements Bill, the Panic of 1837, the arrival of the first railroad a decade later, and the onset of the Civil War, this work ...


Reforming The Cold War State: Economic Thought, Internationalization, And The Politics Of Soviet Reform, 1955-1985., Yakov Feygin Feygin 2017 University of Pennsylvania

Reforming The Cold War State: Economic Thought, Internationalization, And The Politics Of Soviet Reform, 1955-1985., Yakov Feygin Feygin

Publicly Accessible Penn Dissertations

This dissertation explains how, as the USSR’s narrative of the Cold War shifted from the military-industrial competition envisioned by Stalin to Khrushchev’s “peaceful socioeconomic competition of the two systems,” economics began to tackle the challenge of transforming the Soviet economy from one focused on mobilization and production to one that could deliver well-being and abundance. Soviet economics changed from a field that only justified the state’s actions to a “science” whose practitioners could use their “expertise” to propose and critique domestic government policy. This opening allowed Soviet theorists to engage with the emerging issues of global economic ...


A County By County Analysis Of Poverty In The State Of Georgia, Derrick S. Ramage, William Levernier Dr. 2017 Georgia Southern University

A County By County Analysis Of Poverty In The State Of Georgia, Derrick S. Ramage, William Levernier Dr.

University Honors Program Theses

The state of Georgia has one of the highest poverty rates of all the states in the United States. This study examines the causes of poverty in Georgia, using county-level data. The state of Georgia is one of the largest states in the Southeastern U.S. and is very diverse in terms of its mix of metropolitan and non-metropolitan counties, and its mix of agricultural and non-agricultural counties. The major focus of the paper is determining the effect that demographic, educational attainment, labor force, government assistance, and transportation characteristics of a county have on its poverty rate. The major findings ...


Full Circle: The New Deal And The Great Recession, Donald Lewis Roberts 2017 Georgia Southern University

Full Circle: The New Deal And The Great Recession, Donald Lewis Roberts

University Honors Program Theses

In this paper I will show how the mindset of liberalism has evolved since the Great Depression. It merged with progressive movement of the late 19th and early 20th centuries to become a politically left ideology that intertwined with power hungry politicians who perverted liberalism and used sudden economic and social phenomena to engineer a new type of American government. One that has constantly expanded, reaching and entrenching itself further and further into the lives of Americans, starting with President Franklin Roosevelt. Roosevelt’s work would be expanded in the name of progress and equality by several of ...


Governance By Economist: An Historical Note On The Keynesian Revolution, Lewis Karstensson 2017 University of Nevada, Las Vegas

Governance By Economist: An Historical Note On The Keynesian Revolution, Lewis Karstensson

Economics Faculty Publications

An inferential analysis of the performance of the United States economy with respect to production, employment, and average price level over the twentieth century by presidential administration.


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