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Federal Reserve Interest Rate Management: Combatting Speculation of Market Volatility and Recessionary Sentiment

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Abstract: Handling the multiple functions of monetary policy that protect the U.S. economy not only on a short term, but also long-term scale is a complicated responsibility assigned to Federal Reserve, in which their actions present a profound impact on

Abstract: Handling the multiple functions of monetary policy that protect the U.S. economy not only on a short term, but also long-term scale is a complicated responsibility assigned to Federal Reserve, in which their actions present a profound impact on consumer confidence towards financial markets and global economies. Specifically, one of the most important goals of the Federal Reserve is to mitigate the risk of the United States to enter a recession, while maintaining a balanced approach when making those policy decisions. In this thesis, we focus on the monetary policy of the Federal Reserve, particularly, their role in controlling interest rates to prevent recessionary sentiment in the current state of the economy. Since 2008, markets have been stronger and previous policies like Dodd-Frank have ensured that market collapses during the Great Recession do not repeat itself. Yet, fluctuations in the yield curve, polarizing investment views, and unsettled consumer confidence has pointed to another recession in the near future. In this case, we will look at the way the Fed has implemented short term policies to lower this risk in order to fight volatile markets, however, fluctuating interest rates has its consequences. The goal of this thesis is to analyze the various ways the Fed has managed interest rates in the past and present, and further, to offer a framework to serve as the most effective policy to combat volatility and recessionary sentiment in the U.S. economy.

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2020-05

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K-pop as a Soft Power

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This essay examines national leaders’ shaping of K-pop into a foreign export, specifically looking into how K-pop is used as a soft power for South Korea. I also examine how effective K-pop is as a soft power. Because of its

This essay examines national leaders’ shaping of K-pop into a foreign export, specifically looking into how K-pop is used as a soft power for South Korea. I also examine how effective K-pop is as a soft power. Because of its growing global popularity and use of K-pop artists for international relations, such as Red Velvet performing for Kim Jong Un, we might expect K-pop to act as the gateway into South Korean culture, often being the first exposure that other countries have into this country’s way of life. Through a qualitative analysis of resources ranging from news articles, videos, and social media posts, we see that K-pop idols, a term for K-pop celebrities, are heavily groomed and shaped by their labels to promote the South Korean national brand. Combined with a well-made business model to appeal to different countries, they also create sentiment for South Korean culture throughout the world with the support of the government and a strong fanbase. This plan is extremely effective in generating revenue for a multitude of South Korean brands beyond K-pop and even fosters South Korean affection in North Korea.

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2020-05

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Crew Balance in Construction Tasks for Productivity Analysis - A Sustainability Perspective

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The following report followed three separate construction crews at a construction site at ASU and performed labor productivity analysis to quantitatively measure the efficiency of the workers performing specific tasks. These crews were tasked with electrical wiring, concrete pouring, and

The following report followed three separate construction crews at a construction site at ASU and performed labor productivity analysis to quantitatively measure the efficiency of the workers performing specific tasks. These crews were tasked with electrical wiring, concrete pouring, and drywall sanding. Crew balance measured the down time of individual crew members compared to the overall time spent on a task, and the results of these observations were calculated, and suggested improvements given.

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2020-05

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Who's in Control?: On the relationship between locus of control and the influence of unethical authority

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The goal of this study was to explore the relationship between locus of control and the influence of an unethical authority figure. This research is a preliminary, exploratory study given research design limits. It was hypothesized that subjects oriented towards

The goal of this study was to explore the relationship between locus of control and the influence of an unethical authority figure. This research is a preliminary, exploratory study given research design limits. It was hypothesized that subjects oriented towards internal locus of control are better able to resist pressure from an unethical authority figure. Subjects oriented towards the powerful others and chance orientations were hypothesized to be less able to resist pressure from an unethical authority figure. The results found that the presence of an unethical authority figure had little to no influence on self-perceived unethical decision-making; the difference in unethical behavior between cases with an authority figure present and without one present was not statistically significant. Further, no support was found for the hypotheses as no statistically significant relationship between locus of control orientations and the difference between the control case and test case was found (R2 = 0.02, model P-value > 0.05). Further analysis confirmed the results of Detert et al. (2008), finding no relationship between survey subjects’ locus of control orientations and unethical decision-making. Additional analysis indicates a relationship between unethical decision-making and gender (B = -5.14, P = 0.03, P < 0.05), providing some interesting avenues for future research.

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2020-05

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Surface Mechanical Attrition Treatment (SMAT) of 7075 Aluminum Alloy to Induce a Protective Corrosion Resistant Layer

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This paper investigates Surface Mechanical Attrition Treatment (SMAT) and the influence of treatment temperature and initial sample surface finish on the corrosion resistance of 7075-T651 aluminum alloy. Ambient SMAT was performed on AA7075 samples polished to 80-grit initial surface roughness.

This paper investigates Surface Mechanical Attrition Treatment (SMAT) and the influence of treatment temperature and initial sample surface finish on the corrosion resistance of 7075-T651 aluminum alloy. Ambient SMAT was performed on AA7075 samples polished to 80-grit initial surface roughness. Potentiodynamic polarization and electrochemical impedance spectroscopy (EIS) tests were used to characterize the corrosion behavior of samples before and after SMAT. Electrochemical tests indicated an improved corrosion resistance after application of SMAT process. The observed improvements in corrosion properties are potentially due to microstructural changes in the material surface induced by SMAT which encouraged the formation of a passive oxide layer. Further testing and research are required to understand the corrosion related effects of cryogenic SMAT and initial-surface finish as the COVID-19 pandemic inhibited experimentation plans.

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2020-05

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Sustainability Disclosures as a Financial Asset and Tool for Brand Management

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Sustainability disclosures have existed and been in use for over 20 years. Over the last century, corporate social responsibility ideals changed drastically from both the perspectives of consumers, investors, and corporations. Shifting from a start as an innovative initiative to

Sustainability disclosures have existed and been in use for over 20 years. Over the last century, corporate social responsibility ideals changed drastically from both the perspectives of consumers, investors, and corporations. Shifting from a start as an innovative initiative to now a crucial instrument in maintaining a public image and keeping up with competitors, sustainability can now be used to an economic benefit. The benefits of sustainability disclosure exist now as major factors of key performance indicators and major impactors of the bottom line.

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Date Created
2020-05

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Oedipus Wrought: Morality and Fear in Oedipus Rex Across Media

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This project analyzes the use of fear appeals in transmitting a moral of self-realization in the drama Oedipus Rex and its adaptations into painting and film. It draws upon earlier work in media ecology, adaptation, and studies of emotions in

This project analyzes the use of fear appeals in transmitting a moral of self-realization in the drama Oedipus Rex and its adaptations into painting and film. It draws upon earlier work in media ecology, adaptation, and studies of emotions in media. It proposes that what distinguishes media from one another is the unique way that each medium stimulates the reader to draw from their own experiences with life and literature. Alternatively, what unites media is the cross platform assimilation of author and reader reality. More specifically, it asserts that print stimulates the reader via immersion, that painting achieves this same effect by acting as a proxy for the reader to embody the image before them, and that film stimulates the viewer as a result of emotive focus. Collectively, it concludes that when it comes to Oedipus and its many forms, the plays utilize fear to communicate the moral through both surface and dense texts, while painting adaptations focus on dense texts, and the filmic adaptations emphasize their surface equivalent. The project’s significance rests in its challenge to Marshal McLuhan’s technological determinism. On exposing the effects that a reader’s varied mindset can have on a medium’s ability to communicate its message, the project highlights that the relationship between humankind and media is not so deterministic and is more complex than McLuhan would have us believe.

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Date Created
2020-05

Mathematical Modeling of Air Bladders for use as an Orthotic

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Due to the Human foot constantly growing at a rapid pace, typical gel and mold orthotics quickly become ineffective as they no longer fit the foot properly. In pediatric patients, this situation is even more pronounced as their feet change

Due to the Human foot constantly growing at a rapid pace, typical gel and mold orthotics quickly become ineffective as they no longer fit the foot properly. In pediatric patients, this situation is even more pronounced as their feet change geometry at an even more rapid rate. This project consists of designing an adjustable sizing Pediatric Orthotic for use in children as well as adult patient’s shoes to provide better foot support than not using one at all, or for that matter an inappropriately sized orthotic. This idea incorporates multiple air bladders that can hold pressure and adjust shape as is necessary to best accommodate the patient’s foot geometry to reduce the deformation and average stress presented within the foot. Results will be obtained by running simulation models of these phenomena in MATLAB as well as Ansys softwares. From the results, by incorporating two bladders into the middle arch of a ‘control’ patient who has a perfectly symmetric arch, maximum deformation of the foot was reduced by approximately 17%. Under this same scenario, average stress in the foot dropped by approximately 13%. In a more abnormal ‘experimental’ case, of a largely asymmetric arch, it was found that max deformation and average stress in the foot dropped by 21% and 17% respectively. This leads to the conclusion that incorporating this design will indeed lower the stress and fulfill the requirement of an orthotic while also being a removable and adjustable air bladder to fulfill the adjustability constraint.

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Date Created
2020-12

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A Tool for the Parametric Modelling of Aircraft Landing Gear

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This paper outlines the development of a script which utilizes a series of user-defined input parameters to construct base-level CAD models of aircraft landing gear. With an increased focus on computation development of aircraft models to allow for a rapidprototyping

This paper outlines the development of a script which utilizes a series of user-defined input parameters to construct base-level CAD models of aircraft landing gear. With an increased focus on computation development of aircraft models to allow for a rapidprototyping design process, this program seeks to allow designers to check for the validity of design integration before moving forward on systems testing. With this script, users are able to visually analyze the landing gear configurations on an aircraft in both the gear up and gear down configuration. The primary purpose this serves is to determine the validity of the gear's potential to fit within the limited real estate on an aircraft body. This, theoretically, can save time by weeding out infeasible designs before moving forward with subsystem performance testing. The script, developed in Python, constructs CAD models of dual and dual-tandem main landing gear configurations in the CAD program Rhino5. With an included design template consisting of 33 parameters, the script allows for a reasonable trade off between conciseness and flexibility of design.

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2018-05

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Where to From Here? A Comprehensive Analysis of Past and Future of The Republic of Cuba

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This paper analyzes modern day Cuba and draws conclusions about the most likely future political and economic events that will take place. Because of Cuba's troubled economy, leadership change and the world's continued shift towards democratization, Cuba is in a

This paper analyzes modern day Cuba and draws conclusions about the most likely future political and economic events that will take place. Because of Cuba's troubled economy, leadership change and the world's continued shift towards democratization, Cuba is in a position where drastic changes in its government and economic structure may occur. This paper investigates Cuba's history, politics, economy, and the general quality of life of its citizens, which are used to help predict what may happen to the Cuban government in the near future. The paper also analyzes options for foreign nations' policy towards Cuba and summarizes what actions they may take to increase the likelihood of an economic and political transition. Cuba's economic structure needs drastic reform, the reluctant privatization only increases wealth disparity, trust in the government continues to get weaker as more information and its human rights violations are causes of huge concern. There are four possible outcomes for Cuba's future: stagnation, adopting the mixed economic model, a peaceful transition to a democratic model, and rebellion. There is evidence that Cuba will not make drastic policy changes in favor of liberalization in the immediate future, however, if the economic conditions are not improved and an economic crisis ensues, this paper asserts that another revolution or coup will likely occur. The resulting government may be a new autocratic leader that fills the vacuum of leadership, or a democratic regime depending on the nature of the rebellion. The exact future of Cuba is uncertain, but one thing is clear, change is on the horizon.

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2018-05