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The Effects of Conventional and Unconventional Monetary Policy on Exchange Rate Volatility
Get PDFThis paper examines the impacts of U.S. conventional and unconventional monetary policy announcements on the volatility of six exchange rates, namely Australian dollar, British pound, Canadian dollar, Euro, Japanese yen, and Swiss franc against the U.S. dollar. Narrow windows around policy announcements and high frequency second-by-second intraday data are used in the analysis. Results show that the exchange rate volatility increases significantly in the narrow window before and after the announcements under conventional monetary policy regime. The increase in the volatility is even greater during the contemporaneous period under the unconventional regime. Dividing monetary policy announcements into expansionary and non-expansionary groups, we further find that exchange rate volatility responds stronger to the non-expansionary announcements compared to the expansionary ones under the unconventional monetary policy regime
Using Python and Google Colab to teach undergraduate microeconomic theory
No full textThe author describes how to use the Python programming language to teach topics in a microeconomic theory course at the undergraduate level. Specifically, the author describes how to use Python to solve optimization problems, such as utility maximization and profit maximization. Python is free and open-source and becoming increasingly popular both in economics and in business. To focus on solving optimization problems and to avoid installation issues, the author utilizes Google Colab, which allows users to type Python code on a web browser. Program code is provided for every example to encourage replication and experimentation. The author aims to (1) provide an option to instructors who are interested in supplementing the traditional pencil-and-paper approach with technology at no cost, and (2) help students become comfortable with a programming language that is widely used in tech companies and data analysis
The Effect of Health Insurance Coverage on Homeownership and Housing Prices: Evidence from the Medicaid Expansion
No full textObjective: Homeownership as a way of wealth accumulation is important for low-income people and the U.S. government has implemented policy to encourage homeownership among low-income people. This article investigates the effects of health insurance coverage among low-income people on homeownership and house prices. Methods: To estimate the causal effects of health insurance coverage, we exploit the Medicaid expansion provisions of the Affordable Care Act as a source of exogenous variation in health insurance coverage and use it as an instrumental variable. Results: Using county-level data from 2010 to 2018, this study finds that an increase in health insurance coverage among low-income people results in an increase in homeownership rates and housing prices for bottom-tier houses, and the results are robust. Conclusion: Our study provides new evidence in supporting that higher shares of population with health insurance could increase both homeownership and house prices
Student Perceptions Toward Intentional Empathy Curriculum in the High School English Classroom
Get PDFThe purpose of this study was to describe high school students’ perceptions of intentional empathy curriculum in northwest Arkansas. In the study, the research participants were in their junior or senior year of high school. Using standard open-ended interviews, the eight student participants were asked a series of questions related to the four overarching research questions. This method allowed the researcher to categorize data along themes of teachers, tasks, classmates, and classroom environment. The major findings were that teachers who implemented strategies such as group work, rotating seating charts, and projects had more engaged and connected classes; tasks which required participants to engage in perspective-taking and being vulnerable with others created space for stronger connections within the class; classmates felt more bonded with one another because of the tasks and working dynamics; and the classroom environment overall was more conducive to learning and produced lasting relationships
Lifestyle Characteristics and Employment Discrimination: I Have Got Mine While You Are on Your Own
No full textWhile employees are legally protected against discrimination based on race, color, religion, sex, national origin, and disability in the United States, employees in many jurisdictions have no protection against lifestyle discrimination based on characteristics or activities such as smoking, gambling, or social media usage. Changing legal and social norms, such as attitudes toward gender identity and legalization of marijuana, are affecting corporate policies regarding their employees\u27 lifestyles. This study explores the attitudes of college students toward lifestyle discrimination, focusing on the possible impact of an individual\u27s own perceived negative lifestyle characteristics on his or her tolerance for such discrimination by employers. Since such discrimination could work against them, people with more perceived negative lifestyle characteristics might be expected to be less accepting of lifestyle discrimination than their counterparts with fewer negative lifestyle characteristics; this study found the opposite result. This study discusses some theories of psychology that might explain certain employees\u27 seemingly incongruent acceptance of lifestyle discrimination and identifies subjects of future research
Economic Impact of Rock Climbing in Bishop, California
No full textThis study examined the economic impact of rock climbing in Bishop, California. Bishop is a popular climbing and bouldering destination located in Inyo County. The authors estimated Bishop receives 88,890 climbing-related visits annually alongside 10 million dollars in lost expenditures
Ethical Dilemmas in Nonprofit Governance: ARNOVA Governance Section Case Studies for Use in the Classroom and Practitioner Training
No full textThe three case studies presented in this issue continues the exploration of contemporary ethical dilemmas in nonprofit governance authored by members of the Governance Section of the Association for Research on Nonprofit Organizations and Voluntary Associations (ARNOVA). In the first two case studies in this series, published in recent issues of the Journal of Nonprofit Education and Leadership, Ruth Bernstein and Toni Aspin explore the challenges of governance when a nonprofit must consider compromising organizational values to provide services to a vulnerable population. In an examination of the collapse of a $40 million nonprofit agency, Yvonne Cafik Harrison considers a failure of board governance to protect critical constituencies and the very existence of the organization. The cases below expand the conversation regarding ethics and nonprofit governance. First, Jeff Aulgur considers the ethical challenges in contemporary presidential searches at public institutions of higher education. His exploration of the University of South Carolina System’s search for a new president in 2019 applies Karl Weick’s theory of sensemaking in organizations to nonprofit governance. Next, Dean Black, through the lens of a networked membership organization, discusses the ethical questions raised by non-financial conflicts of interest and how such disputes may damage a nonprofit’s reputation and legitimacy. In the last case, Louise Coventry explores the efficacy of the universal application of governance best practices and how scholars and practitioners must consider cultural boundaries and cultural appropriateness
Parent Perceptions of Technology Use in K-12 Classrooms
No full textParents are important stakeholders in the educational experiences of their children. Their views about technology shape the perceptions students have about technology. These conceptions also shape how they view what should be happening in the K-12 classroom. Our study an open-ended question survey to explore how parents view technology use in classrooms and how they manage technology in their own homes. Finally, we discuss the implications of this research for teachers, administrators, and future researchers
Tissue Specific Nutrient Localization in the Arachis hypogaea Seedling Root
No full textThe development of roots was a major evolutionary event that accelerated the colonization of land by plants. As roots evolved to grow larger and penetrate the sub-surface, plants had greater access to water and nutrients and could increase in size. Therefore, the success of plants on land is partially due to roots and the transport mechanisms by which they can use robust vascular tissues to transport water and solutes and the study of roots and transport mechanisms are extremely important from the perspective of evolution, agriculture and environment. Also, since roots absorb water and minerals and also interact with rhizosphere microbes, significant recent research has been devoted to nutritional studies and root-microbe interactions. In the past 10 years, due to significant cost reduction and availability of high throughput imaging technology, analytical tools and genomic sequencing the area of “Plant Ionomics” has received significant attention and is now being explored to understand plant nutrition, adaptation to abiotic stress and ion homeostasis in plants