Our Summer 2018 Issue

On behalf of the Comparative Advantage Editorial Board, we are honored to present the sixth volume, Summer Issue of the Stanford Undergraduate Economics Journal. Through the years, Comparative Advantage has changed and expanded to include an online blog in addition to our bi-yearly issues, staying true to our mission of providing students a platform to showcase their economic prowess. We are proudly run by undergraduate students … Continue reading Our Summer 2018 Issue

Vector Autoregressive Modeling of Interest Rate Shocks on Bank Balance Sheets: A Comparative Study

By Sara Diressova, Princeton University

Di Tella and Kurlat (2017) and Drechser et al. (2017a) study the effects of a nominal interest rate shock on various bank balance sheet variables. I study the same relationships using a VAR model, to understand them over multiple periods of time, without assumptions of exogeneity, and with clear interactions between variables through impulse response functions (Hamilton 1994). I find that … Continue reading Vector Autoregressive Modeling of Interest Rate Shocks on Bank Balance Sheets: A Comparative Study

BLOG: Is Finance Making Geography Increasingly Insignificant?

By Yuxiang Hou, College of William and Mary

This paper attempts to revisit “the end of geography” debate by incorporating both established theoretical frameworks and the latest empirical evidence. It argues that for five reasons finance is not making geography increasingly insignificant. However, in the long run, things may be different. Continue reading BLOG: Is Finance Making Geography Increasingly Insignificant?

BLOG: To Stay or Migrate? Preferences and Occupational Choice in China’s Rural Ethnic Tourism Industry

By Virginia Zhang, New York University

Though rural workers in China now have more opportunities for rural-urban migration, they still face uncertainties in urban labor markets. For many rural Chinese ethnic minority workers, … Continue reading BLOG: To Stay or Migrate? Preferences and Occupational Choice in China’s Rural Ethnic Tourism Industry

Our Winter 2017-18 Issue

On behalf of the Comparative Advantage Editorial Board, I am honored to present the fifth volume, Winter Issue of the Stanford Undergraduate Economics Journal. We have continued our mission of making economic research more accessible to all audiences. To provide content more frequently to readers, we have moved to publishing two issues per year, mirroring our two-round submission process. Our blog has also become a … Continue reading Our Winter 2017-18 Issue

The Question of the “Trump Effect”: Basic Voting Characteristics, Economic Indicators, and Migration Flows in the 2016 Presidential Election

By Pablo A. Ordóñez Bravo. Pomona College

This paper examines the correlations between basic voter characteristics, economic indicators, migration flows and the change in Republican… Continue reading The Question of the “Trump Effect”: Basic Voting Characteristics, Economic Indicators, and Migration Flows in the 2016 Presidential Election