2045 research outputs found
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The Very Fine Clock
No full textby Muriel Spark.https://creativematter.skidmore.edu/curious_cover/1035/thumbnail.jp
Lions and Lobsters and Foxes and Frogs: Fables from Aesop
No full textby Ennis Rees.https://creativematter.skidmore.edu/curious_cover/1033/thumbnail.jp
The Impact of Diabetes on the Percent Change in Salary: With a Comparison of Type I and Type II Diabetes
Get PDFUsing family level, cross sectional data from the PSID 2007 and 2013 survey this study examines the effect of having diabetes on the percent change in salary with a comparison between type I diabetes and type II diabetes. Four Standard OLS regressions were run twice each to obtain the results in the years of 2007 and 2013. One group looked at the total population and the other group looked solely at the diabetic population. The results suggest that salaries are negatively impacted type II diabetes in particular, but that limitations due to diabetes have a more significant effect on the percent change in salary. The results indicated that the presence of type I diabetes compared to type II diabetes cause a 568% increase in salary in 2007. However, the results show that the presence of diabetes itself is insignificant and that the limitations of diabetes impact salary the most
Changes in Profitability for Primary Dealers since the Financial Crisis
Get PDFThis paper will use bank-specific, industry specific, and macroeconomic variables to examine the determinants of bank profitability since the financial crisis in 2008 for primary dealers with the Federal Reserve. The paper will also examine the determinants of bank profitability before the crisis, from 2000 - 2007, and compare the results to determine how the banking industry has changed strategy due to changing environments. Empirical evidence shows a strong international bias within the primary dealers but finds differences in how market concentration, interest rate adaptability, and several other bank-specific variables effect profitability for United States primary dealers
What We Have and What We Can’t Have: Analyzing the Endowment Effect and Choice Restriction on Consumer Choice
Get PDFBased on the theoretical frame of prospect theory, this paper investigates consumer decision on two forms of loss aversion, the endowment effect and choice restriction (otherwise known as a phantom alternative). This study provides evidence that an endowment effect without actual possession is occurring in coupons and that consumer behavior on choice restriction is consistent with literature on commodity theory. Results indicate that choice restriction and the endowment effect cause preference formation, even when doing so opposes rational choice theory. The competing effects show that the endowment effect dominates the restriction effect
Cultural Acceptance of Digitalization and Growth of an Economy: A Comparison of East and West Germany
Get PDFIn the following paper aims to analyze the significance and relevance that change in cultural acceptance of digitalization has on the output gap (in terms of GDP) between East and West Germany based on the borders that existed between WWII and reunification in 1989. Culture will be measured by taking Google Trend data for the search term “Facebook,” broken down by State (16) between the years 2004 and 2014. Google Trend data will be taking the place of technology in a standard Swan-Solow Model. The model will then be regressed using a simple GLS sample population equation. Following will be a section examining what the results show us as they relate to the research question
How Classical Economic Theory Fails to Explain the Gender Wage Gap, and How Sociology Fills That Gap
Get PDFWhy do economic models miss the mark in their analysis of the gender wage gap? This paper argues that conventional interpretation of the wage equation and that economic models typically overlook critical factors of social life that substantially affect the gender wage gap, and answers the question: What is the impact of certain social factors such as pay secrecy, and percent of women in legislation on wages? This paper aims to evaluate the differences in a model’s effectiveness if social measures are added. Through regression analysis of family level data on household heads and wives aggregated with state level social data, it was found that social variables positively impact men while negatively impacting women; however, results for women are not statistically significant
The Determinants of the Japanese Exchange Rate and the Resulting Implications for Investors
Get PDFDespite an ongoing accommodative monetary policy by the Bank of Japan (BOJ) in response to Japan’s asset price bubble burst in the early 1990’s, the Yen has experienced numerous periods of strong appreciation. In 2016 alone, the Yen sharply appreciated in early January, after the Brexit vote, and after Donald Trump’s nomination for presidency. This contradicts commonly accepted economic theories regarding monetary policy, interest rates, and money supply, which makes a clear understanding of the Yen’s movement necessary to evaluate the potential benefits and risks associated with portfolio rebalancements towards Yen-denominated investments. Thus, this paper’s main research question is: What factors explain the Japanese Yen’s abnormal, appreciative behavior, how do these impact the Yen, and what are implications for Yen-denominated investments? The answer to this question is especially relevant for investors because conventional economic theories may not apply to the Yen and investors not understanding this notion may misinterpret Japanese market data. Consequently, this paper’s results will act as a guideline for money managers interested in investing in Japan
2.5-Year-Olds’ Retention and Generalization of Novel Words across Short and Long Delays
Get PDFTwo experiments investigated two-year-olds’ retention and generalization of novel words across short and long time delays. Specifically, retention of newly learned words and generalization to novel exemplars or novel contexts were tested 1 min or 1 week after learning. Experiment 1 revealed successful retention as well as successful generalization to both new exemplars and new contexts after a one-minute delay, with no statistical differences between retention and generalization performance for either generalization type. Toddlers tested after a week delay (Experiment 2) showed successful retention and generalization as well, but while context generalization was statistically equivalent to retention accuracy, exemplar generalization was significantly lower than retention accuracy. The overall success in both retention and generalization suggests that toddlers’ newly learned words are robust and flexible. However, the lower exemplar generalization performance compared to retention after a weeklong delay suggests that novel words may become less flexible across exemplar characteristics over time
