Matching Items (16)
Filtering by
- All Subjects: Economics
- Creators: Dean, W.P. Carey School of Business
- Resource Type: Text
Description
A global trend towards cashlessness following the increase in technological advances in financial transactions lends way to a discussion of its various impacts on society. As part of this discussion, it is important to consider how this trend influences crime rates. The purpose of this project is to specifically investigate the relationship between a cashless society and the robbery rate. Using data collected from the World Bank’s Global Financial Inclusions Index and the United Nations Office of Drugs and Crime, we implemented a multilinear regression to observe this relationship across countries (n = 29). We aimed to do this by regressing the robbery rate on cashlessness and controlling for other related variables, such as gross domestic product and corruption. We found that as a country becomes more cashless, the robbery rate decreases (β = -677.8379, p = 0.071), thus providing an incentive for countries to join this global trend. We also conducted tests for heteroscedasticity and multicollinearity. Overall, our results indicate that a reduction in the amount of cash circulating within a country negatively impacts robbery rates.
ContributorsChoksi, Aashini S (Co-author) / Elliott, Keeley (Co-author) / Goegan, Brian (Thesis director) / McDaniel, Cara (Committee member) / School of International Letters and Cultures (Contributor) / Department of Economics (Contributor) / Dean, W.P. Carey School of Business (Contributor) / Barrett, The Honors College (Contributor)
Created2019-05
Description
Existing research into the health benefits of insurance fall into two major categories \u2014 observational and experimental. Observational studies have centered on data sets from before 2000 and focus on the mortality differences between the privately insured and the uninsured. Experimental studies began with Massachusetts' 2006 health reform and continued after the passage of the Affordable Care Act. These studies measure the effects of public insurance among the coverage expansion populations. These two bodies of literature come to ambiguous and contradictory conclusions to the mortality effects and health value of insurance. This study extends the observational methodologies to the publicly insured in samples from the National Health and Nutrition Examination Survey in both the 1988-1994 survey and the 2001-2002 survey. Using the Cox Proportional Hazard model, this study estimates the hazard ratios faced by the privately and publicly insured compared to the uninsured. This study finds the publicly insured face hazards 1.5 times those of the uninsured (p<.001), while the privately insured do not face hazards significantly different from those of the uninsured. Literature suggests that some unobserved characteristic of the publicly insured are influencing their mortality. Interacting with participants health reveals that these differences across groups shrink as health declines. Experimental literature suggests that public insurance lowers the uninsured risk from "healthcare amenable" conditions. Treatment of these conditions may explain the hazard reductions among the uninsured in non-excellent health. The high risk of the publicly insured in excellent health defies explanation.
ContributorsMorita, Aidan James Donnelly (Author) / Veramendi, Gregory (Thesis director) / Zafar, Basit (Committee member) / School of Mathematical and Statistical Sciences (Contributor) / Economics Program in CLAS (Contributor) / School of Sustainability (Contributor) / Barrett, The Honors College (Contributor)
Created2018-05
Description
This thesis details the impact of sustainable practices, or lack thereof, among IKEA and Chanel. It takes these principles and analyzes the effectiveness of them and works to implement them across industries and companies of different sizes and organizational structures.
ContributorsL'Heureux, Kendall James (Author) / Foote, Nicola (Thesis director) / Alcantara, Christiane (Committee member) / Department of Marketing (Contributor) / Dean, W.P. Carey School of Business (Contributor) / School of International Letters and Cultures (Contributor) / Barrett, The Honors College (Contributor)
Created2021-05
Description
One of the most pressing questions in economics is “why are some countries richer than others?” One methodology designed to help answer the question is known as “Development Accounting,” a framework that organizes the determinants of income into two categories: differences in inputs and differences in efficiency. The objective of our work is to study to what extent differences in the levels of pollution can help explain income differences across countries. To do this, we adjusted a factor-only model to allow us to enter PM2.5, a measure of pollution that tracks the concentration of fine particulate matter in the air and looked to see if the model’s predictive power improved. We ultimately find that we can improve the model’s success in predicting GDP by .5 - 6%. Thus, pollution is unlikely to be a major force in understanding cross-country income differences, but it can be used with other economic factors to potentially magnify its impact with other additions in the future.
ContributorsShelton, Jacinda Bridget (Co-author) / Perdue, Liam (Co-author) / Datta, Manjira (Thesis director) / Vereshchagina, Galina (Committee member) / Dean, W.P. Carey School of Business (Contributor) / Department of Economics (Contributor) / Barrett, The Honors College (Contributor)
Created2021-05
Description
This research explores the use of transformative urban scenarios and timelines as a planning tool for addressing future sustainability challenges in urban environments. The analysis comes from a set of scenarios that were explored through workshops conducted in 2019 in which Phoenix stakeholders developed timelines toward their visions of Phoenix 60 years into the future. To evaluate the pathways created in these timelines, we employed process tracing methodology to understand which causal mechanisms lead to certain phenomena. Or in other words, it helps us understand how changes happen. We converted the timelines into process tracing diagrams that categorized the relationship between actions, actors, and observable manifestations (OM’s) of change over time. To understand the relationship between these components, we then used a combination of inductive and deductive coding to categorize types of activities, actors, OM’s and sustainability topics and organized them into themes. This helped us to understand how city decision-makers and community leaders think sustainability and resilience transformation can and should occur. This thesis takes a closer look at one particular scenario, Some Like it Hot, which explores resilience to extreme heat. Through coding and analysis, we found trends, correlations, and missing pieces in the participants’ timeline. There are numerous overarching causal mechanisms throughout the scenario timeline. These trends offer insight into which activities and stakeholders are seen as significant drivers of sustainable transformation according to the workshop participants. The file attached is a pdf version of an ArcGIS Story Map completed for this honors thesis. To view the full, interactive thesis deliverable, visit https://storymaps.arcgis.com/stories/14d1e52a9448498e87f20e7566651a13
ContributorsHarris, Madison (Author) / Caughman, Liliana (Thesis director) / Grimm, Nancy (Committee member) / Barrett, The Honors College (Contributor) / School of Geographical Sciences and Urban Planning (Contributor) / Dean, W.P. Carey School of Business (Contributor)
Created2023-05
Description
This dissertation studies the differences in how men and women react to feedback or information about their performance in educational settings and how these differences might impact women’s decisions to stay away from traditionally male-dominated fields. The first chapter analyzes the gender differences in reaction to low performance during high school. I focus on the decision of North Carolina public high school students to enroll in advanced math or English classes after learning about their performance on statewide standardized tests in each subject. I find that women are more responsive to low-performing than men. Women that perform poorly on their tests are less likely than their higher-performance peers to enroll in advanced classes, while men's likelihood is the same regardless of performance. It has been documented that the probability of women continuing their studies in male-dominated fields -- like Science, Technology, Engineering, and Mathematics (STEM) and business -- is more sensitive to their performance in relevant courses at the beginning of college relative to men. The second chapter studies these gender differences in grade sensitivity during college. Using novel survey data, I estimate students' sensitivity to grades and find that women value an extra grade point average (GPA) unit more than men. I find that anticipated discrimination in the labor market of male-dominated fields is important to understand this gender gap in grade sensitivity. I further provide evidence of the gender differences in beliefs about labor market discrimination in different fields. The last chapter investigates the dynamic effects of feedback in an experimental setting. I explore how individuals update their beliefs and choices in response to good or bad news over time in two domains: verbal skills and math. I find significant gender gaps in beliefs and choices before feedback: men are more optimistic about their performance and more willing to compete than women in both domains, but the gaps are significantly larger in math. Feedback significantly shifts individuals' beliefs and choices immediately after receiving it. However, there is substantial persistence of gender gaps over time. This is particularly true among the set of individuals who receive negative feedback.
ContributorsUgalde Araya, Maria Paola (Author) / Aucejo, Esteban (Thesis advisor) / Zafar, Basit (Thesis advisor) / Larroucau, Tomas (Committee member) / Arizona State University (Publisher)
Created2023
Description
This dissertation consists of two chapters. The first chapter studies children's skill formation technology while endogenizing the maternal age and child investments. I estimate the effect of a mother's age at childbirth on her child's health, skill level, educational attainment, and adulthood earnings. There is a tradeoff between delaying childbirth to provide a more secure economic environment for mother and child versus the potential negative biological consequences for a child of having an older parent. I quantify this tradeoff. The results indicate that a five-year decrease in the maternal age of educated women, ceteris paribus, results in over 0.50 std increase in the child’s skill level due to an increase in the child’s ability to acquire skills. However, if one adjusts child investment according to individuals’ wage profile conditional on reduced maternal age, the average child’s skill level decreases by 0.07 std. This reduction in children’s skill highlights the impact of lower inputs that children of younger mothers receive. The negative effect of foregone wages may be reduced through policy approaches. My policy analysis indicates implementing a two-year maternity leave policy that freezes mothers’ wages at the level before childbirth would reduce average maternal age at the first birth by about two years, while also increasing the average child’s skill level by about 0.22 std and future earnings by over 6%.
In chapter two, I study the impact of females' perceptions regarding their future fertility behavior on their human capital investments and labor market outcomes. I exploit a natural experiment to study the causal effect of fertility anticipation on individual's investments in human capital. I use the arguably exogenous variation in gender mix of children as an exogenous shock to the probability of further fertility. I document that having two children of the same gender is associated with about 5% lower wages for the mother compared to having two children of the opposite sexes. Mothers with same-sex children perceive themselves as more likely to bear one more child, and so less attached to the labor market, so invest less in human capital, and this is reflected in wages today.
In chapter two, I study the impact of females' perceptions regarding their future fertility behavior on their human capital investments and labor market outcomes. I exploit a natural experiment to study the causal effect of fertility anticipation on individual's investments in human capital. I use the arguably exogenous variation in gender mix of children as an exogenous shock to the probability of further fertility. I document that having two children of the same gender is associated with about 5% lower wages for the mother compared to having two children of the opposite sexes. Mothers with same-sex children perceive themselves as more likely to bear one more child, and so less attached to the labor market, so invest less in human capital, and this is reflected in wages today.
ContributorsEshaghnia, Seyed Mohammad Sadegh (Author) / Zafar, Basit (Thesis advisor) / Aucejo, Esteban (Thesis advisor) / Wiswall, Matthew (Committee member) / Ventura, Gustavo (Committee member) / Arizona State University (Publisher)
Created2019
Description
This paper intends to examine topics related to Chinese financial policy and
institutions mainly in the early 21st century. China has gone through enormous changes in the late 20th century and early 21st century, and financial policy reforms and adjustments have been at times instrumental to aiding that growth, and at other times have served as impediments to the country’s success. As China’s clout has grown both economically and politically in the wider world, it has become evermore important to understand the Chinese financial system, particularly as other authoritarian regimes may seek to emulate it in the perhaps recent future. The paper will examine the institutional elements of Chinese finance, including the broader structure of the party state apparatus and the role of legislative and executive authorities in determining financial policy. Next, the paper will go through both the legal-regulatory environment of the country and the structure of the preeminent Chinese banks. Finally, issues in Chinese monetary policy, particularly exchange rate system reforms, and the developing stock and bond markets will be addressed.
institutions mainly in the early 21st century. China has gone through enormous changes in the late 20th century and early 21st century, and financial policy reforms and adjustments have been at times instrumental to aiding that growth, and at other times have served as impediments to the country’s success. As China’s clout has grown both economically and politically in the wider world, it has become evermore important to understand the Chinese financial system, particularly as other authoritarian regimes may seek to emulate it in the perhaps recent future. The paper will examine the institutional elements of Chinese finance, including the broader structure of the party state apparatus and the role of legislative and executive authorities in determining financial policy. Next, the paper will go through both the legal-regulatory environment of the country and the structure of the preeminent Chinese banks. Finally, issues in Chinese monetary policy, particularly exchange rate system reforms, and the developing stock and bond markets will be addressed.
ContributorsFeatherston, Ryan (Author) / Hill, John (Thesis director) / Mendez, Jose (Committee member) / Department of Economics (Contributor) / Dean, W.P. Carey School of Business (Contributor) / Barrett, The Honors College (Contributor)
Created2019-05
Description
There exists a notable gender gap in the field of economics. One explanation for this gap is the low supply of women entering the economics labor market. To understand the shortage of female economics students, I observe students at the undergraduate and graduate level. My data consists of a sample of current undergraduate students and a sample of past Ph.D. applicants at Arizona State University. The gender gaps in these samples, both at the undergraduate and graduate level, can largely be explained by the variation in mathematical preparation of the students. The data reveals that undergraduate male economics students are more frequently enrolled in higher level math courses compared to female undergraduate students. Likewise, a higher number of male Ph.D. applicants have stronger mathematical backgrounds relative to female Ph.D. applicants. This common factor might explain the higher supply of male students who apply and get accepted to postgraduate studies in economics, relative to female students, holding all else constant. I conclude with the following recommended interventions: make information regarding postgraduate opportunities in economics more readily available, and increase math requirements for a bachelor’s degree in economics at ASU.
ContributorsZafari, Zorah (Author) / Datta, Manjira (Thesis director) / Zafar, Basit (Committee member) / School of Mathematical and Statistical Sciences (Contributor) / School of Social Transformation (Contributor, Contributor) / Department of Economics (Contributor) / Dean, W.P. Carey School of Business (Contributor) / Barrett, The Honors College (Contributor)
Created2019-05
Description
To address the costs of Universal Basic Income (UBI) implementation while promoting new perspectives and broader thinking.
This paper will introduce UBI as a concept and a program to better understand its implementation around the world and the underlying theory of how to afford its sustained use. The paper examines several different implementation and funding mechanisms that are all focused on economic growth as the sole measure of success. It displays how UBI's program costs make it insufficient for further use under those metrics. This paper introduces the need to change the narrative to focus less on GDP-growth and more about the positive benefits of income distribution to raise the poverty line, decrease income inequality, and increase the overall well-being of each citizen in the United States.
This paper will introduce UBI as a concept and a program to better understand its implementation around the world and the underlying theory of how to afford its sustained use. The paper examines several different implementation and funding mechanisms that are all focused on economic growth as the sole measure of success. It displays how UBI's program costs make it insufficient for further use under those metrics. This paper introduces the need to change the narrative to focus less on GDP-growth and more about the positive benefits of income distribution to raise the poverty line, decrease income inequality, and increase the overall well-being of each citizen in the United States.
ContributorsGordon, Chandler Robert (Author) / Hill, Alexander (Thesis director) / Wong, Kelvin (Committee member) / Dean, W.P. Carey School of Business (Contributor) / Economics Program in CLAS (Contributor) / Barrett, The Honors College (Contributor)
Created2020-05