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Exploring the Nexus: Foreign Direct Investment, Trade Openness and GDP in Mexico and the Dominican Republic
This paper will explore the causality between foreign direct investment (FDI), trade openness and GDP within Mexico and the Dominican Republic. The paper will analyze the economy of some countries in Latin America and the Caribbean as off the turn of the century, performing a time series analysis using a multivariate causal framework evaluating the causality between the three variables and determining the long and short run relationships between the variables. The paper estimates the Vector Autoregression (VAR) or Vector Error Correction Model (VECM) of the three variables to determine the short and long run causal relationship among the variables. The results show unidirectional causation between GDP and FDI in the Dominican Republic and fail to show any other causal relationship between the variables in both countries
How to Define, Evaluate, and Improve Extracurricular Student Engagement Using a Nine-Point Framework Based on Marketing Theory
Opportunities for extracurricular engagement are an essential component of the value proposition of many colleges and universities, yet students do not always take advantage of these experiences. Previous studies have identified important elements of engagement, as well as best practices to improve it, but are largely contextual and not easily applicable to other instances of organizational engagement. Existing research also fails to establish a consistent definition or perception of engagement. Using a complex synthesis of available literature, as well as focus interviews conducted within the target population at Bryant University, we can derive the individual dimensions of engagement to establish a consistent definition that is not only applicable to most organizational engagement contexts, but also allows us to make informed recommendations to improve and evaluate extracurricular engagement at the University. Findings reveal that engagement is a dynamic relationship between an individual and an organization that comprises nine interdependent dimensions: awareness, interest, participation, contribution, interaction, retention, satisfaction, dedication, and commitment. These dimensions can be applied to remove barriers to engagement and to develop a method to evaluate engagement for continuous improvement
The Causes All Time High Chronic Homelessness: A Panel Analysis
This paper investigates what economic indicators affect the rate of homelessness in the United States. By combining both the personal issues of the homeless people themselves along with economic structural issues in U.S. this study finds what the largest determinants of chronic homelessness. The study includes variables such as median house prices from the Case Shiller Index, the poverty rate, unemployment rate, health care expenditures per capita and demographics to find what causes a higher homeless rate. The data used to determine the conclusions will be pulled from twenty different major U.S. metropolitan cities to showcase how different economic variables can affect homeless populations. This study shows that certain demographics are far more likely to experience homelessness and that there are clear structural issues that need to be solved
Leveraging Brazilian Administrative Data to Examine the Impact of Unobservable Factors on Earnings
This research contributes to the literature and fills a gap in the Brazilian literature on the returns to public and private education. Most research examining this differential are subject to potential bias because of the lack of controls for unobservable variables. This work accounts for unobservable traits by leveraging the methodology proposed by Dale and Krueger (2002) and data from the National Association of Graduate Centers in Economics (ANPEC) and administrative data from the Annual List of Social Information (RAIS). The findings indicate that the positive earnings differential for public education turns insignificant when controls for unobservable characteristics are accounted for in the model. This result together with previous literature indicate that in Brazil private institutions of higher education complements public institutions and contribute to produce similarly qualified human capital
Vol. 3, Iss. 2, Thrive Gala, First Edition
Published for the second annual Thrive gala in 2024 showing photographs from the first annual Thrive gala in 2023
Understanding Global Attitudes Towards Artificial Intelligence in the Workplace
Artificial Intelligence (AI) has rapidly evolved over the years, emerging as a transformative technology with the potential to revolutionize various industries as well as the way humans work and live. With its ability to mimic human cognitive processes and perform complex tasks, this technology is becoming a powerful tool for automation, decision-making, and problem-solving. Despite these major advancements, several challenges still exist which need to be addressed in order to unlock its full potential. The goal of this research is to gain a better understanding of global attitudes towards AI in the workplace. The purpose is to expand upon existing knowledge about employee attitudes toward this technology, and to discover key insights for managers seeking to implement this emerging technology in their workplace operations. Surveys were employed to collect data which was then analyzed to determine if there were any statistically significant patterns or correlations in employee attitudes toward AI. The analysis focuses on three factors including the participants age, gender, and the country in which they reside. The results of this analysis provide a comprehensive understanding of employee attitudes toward AI technology along with several valuable insights that were uncovered during the research process. Specifically, managers can utilize these insights to develop informed implementation plans for this emerging technology. The end goal of this research is to provide managers with a better understanding of employee attitudes toward AI so they can reap the various benefits of AI technology, without negatively impacting their employees current satisfaction levels
The Landscape of Gender Lens Investing in the United States and Performance Analysis
This study aims to analyze the performance of environmental, social, and governance mutual funds and ETFs, particularly those composed of companies that prioritize the gender diversity pillar of ESG. This method of investing, known as gender lens investing, involves selecting securities with a high social ESG score attributable to strong gender diversity throughout all levels of the company, or in this case, companies that an ETF or mutual fund is invested in. I expect to find that gender diverse ETFs and mutual funds perform better than their benchmarks, promoting the inclusion of policies that facilitate this aspect of ESG in companies. The purpose of this thesis is to understand ESG policies and.gender lens investing. It studies if companies can increase their shareholder value and investors can increase their return through investing in these types of securities. This thesis uses one primary research method, which includes examining the holding period return, average annual return, standard deviation, sharpe ratio, treynor ratio, and alpha of the returns of these gender diverse ETFs and mutual funds in comparison to their benchmarks. This allows the relationship between the gender diversity ETFs and their performance to be analyzed. The data and conclusions gathered from this study add to the body of knowledge on ESG and gender lens investing
The Economic Impacts of State-Run Agricultural Energy Efficiency and Sustainability Grants – Are There Actually Long-Term Profit and Labor Market Benefits?
Farms, whether large, public corporations, or small family farms are often considered the backbone of America. Due to the impact of weather on crop production, the fluctuation in input prices, and the reliance of the rest of the economy on the agricultural industry, the government provides support programs and funding opportunities for farmers to help provide price and production stability. While some studies have been completed to assess the effectiveness of federally funded agriculture programs, little research has been done on the impact of state programs and is especially lacking on the effectiveness of sustainability programs. This study aims to determine how state-run energy efficiency programs in the United States impact the profitability of different sized farms and impact the labor market. A difference-in-difference analysis given a staggered adoption of treatment using panel data from 2002-2017 will be used to analyze the average treatment effect of state-run agriculture sustainability grants on net cash farm income, farm interest expense, and labor expenses. The results show a significant negative average treatment effect on net cash farm income which is likely a short-term effect. Results pertaining to the labor market provide evidence that labor expenses might actually decrease as a result of these programs, likely due to switches in priorities and capital replacing labor. The hope is that the findings resulting from this study will allow farmers to be better informed when making the decision to apply for funding and also assist state governments and taxpayers in understanding the effectiveness and opportunities for improvement of these programs they fund
Diversity Ideologies and Practices in Sub-Saharan Africa
Inequalities in terms of employment opportunities and advancement in the workplace are a global phenomenon and Africa also experiences such challenges. The aim of the current chapter is to explore workplace inequalities in South, East and West Africa by focusing on specific country contexts. The literature review reveals that different countries have experienced colonisation differently, depending on the objectives of the coloniser. The literature review further reveals that demographic disparities in terms of access to the job market and promotions to higher-level occupational positions exist across Africa, but to varying degrees and impacting certain groups of individuals more than other groups. While in certain countries labour legislation has been implemented to bring about parity in the workplace, other countries are still grappling with introducing labour reforms in their organisations. Nevertheless, the lasting effects of colonisation still impact many countries in Africa as inequality exists within workplaces in various forms and transformation is slow in most countries