T. Lance Toler and Dr. Farrell E. Jensen, Economics The United States Department of Agriculture (USDA) prepares reports on the income and financial stability of American farmers and agricultural organizations. If the information in USDA reports on the financial stability of American agriculture is already known by the markets, then the prices of Federal Farm […]
Changing Legislative Voting Behavior as Evidence of Vote Buying
Taft Foster and Dr. Eric Eide, Economics Department Within the economic and political science literatures, a variety of theoretical models have been developed which attempt to describe the role of campaign contributions in the political process. These models can be separated into two groups, those which employ the assumption that campaign contributions can purchase legislative […]
Risk Aversion in CEO Compensation
Brandon Bates and Dr. Richard Butler, Department of Economics Chief executive compensation is a topic of great interest for the general public. Such widespread fascination with the topic likely stems from a predilection for subjects involving extravagance and luxury. Of course, CEO compensation holds an additional dimension of interest for economists. That the CEO does […]
A STUDY OF SELF-EMPLOYMENT TRENDS
Bengte Evenson and Dr. Mark. H. Showalter, Economics The implications of current trends in self-employment are not well understood because the relevant literature is simply not well developed. A good portion of the current literature on self-employment can be found in the Small Business Journal, a recently established publication with a sociological focus. Economic publications […]
U. S. PRESIDENTIAL RACES AND THEIR AFFECT ON STOCK PORTFOLIOS
Matthew Downs and Dr. Steven Thorley, Economics Many factors influence the trading prices of securities listed on the New York Stock Exchange. Politicians, both Democratic and Republican, decide on an array of policies and tax laws that have a substantial affect on all areas of the market. In addition to this, as the economist John […]
Censored Regression with Flexible Distributions
Randall Lewis and Dr. James McDonald, Economics In the field of economics, the estimation of causal relationships is fundamental. The economist formulates a model or mechanism through which human behavior affects outcomes. Then, by using real-world data, economists can estimate these relationships. For example, one simple relationship that has been a subject of study is […]
Adverse Selection in the Market for Health Insurance
Jonathan Hall and Dr. Mark Showalter, Economics The presence and severity of adverse selection in the market for health insurance has profound implications for public policy. Adverse selection occurs when individuals who are higher risk than observationally equivalent individuals purchase more insurance. Adverse selection can be used to argue in favor of nationalized health care, […]
The Economics of Childhood Obesity
Stephen Done and Dr. Eric Eide, Economics Over the past three decades, there has been a significant increase in the percentage of obese persons in the United States. Among adults, rates have more than doubled, while nearly tripling for children over the same period (Anderson, Butcher, & Levine, 2003). Now the second leading cause of […]
Changing Legislative Voting Behavior as Evidence of Vote Buying
Taft Foster and Dr. Eric Eide, Economics Department Within the economic and political science literatures, a variety of theoretical models have been developed which attempt to describe the role of campaign contributions in the political process. These models can be separated into two groups, those which employ the assumption that campaign contributions can purchase legislative […]
The Effects of Air Pollution on Endothelial Function: An Extended Literature Review
Douglas L. Rodermund and Dr. Clive Arden Pope, Economics Exposure to elevated concentrations of ambient particulate matter (PM) has been implicated as a risk factor for cardiovascular disease and mortality. Repeated long-term exposure to PM contributes to pulmonary and systemic oxidative stress, inflammation, atherosclerosis and increased risk of ischemic heart disease and death.1 Short-term elevated […]
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