Category: Microeconomics

Education, Microeconomics

Determinants of Alumni Giving to a Private U.S. College: Evidence from Oberlin College

Kenneth Kitahata, Oberlin College
—
This paper studies the personal characteristics and factors that determine alumni giving, using a dataset from Oberlin College’s Office of Development from years 1974 – 2019. Using Logit and Tobit regression, I find that females, graduates, older alumni, married alumni, alumni whose spouse attended Oberlin, and having a higher GPA in college are associated with higher giving. Continue reading Determinants of Alumni Giving to a Private U.S. College: Evidence from Oberlin College

etang21Leave a comment
Health Economics, Microeconomics

An Update on the Substitution between Alcohol and Marijuana: Evidence from the Legal Drinking Age and Medical Marijuana Laws

Stephen Kisty, University of Pittsburgh
—
This paper attempts to update the analysis that utilizes a regression discontinuity design to examine the effect of increased availability of legal alcohol at age 21, caused by the minimum legal drinking age in the United States, on the consumption of marijuana (Crost and Guerrero, 2012). Continue reading An Update on the Substitution between Alcohol and Marijuana: Evidence from the Legal Drinking Age and Medical Marijuana Laws

etang21Leave a comment
Behavioral, Blog, Microeconomics

BLOG: The Decoy Effect and Risk Aversion

By Ryan Pak, New York University Stern School of Business
—
The decoy effect arises when a firm offers a product that is clearly inferior to another product in order to drive sales of the latter. This phenomenon has been displayed experimentally in many different situations, but remains understudied theoretically. We develop a model of almost rational consumer choice, with a single behavioral tendency — regret aversion. Continue reading BLOG: The Decoy Effect and Risk Aversion

etang21Leave a comment
Blog, Microeconomics

BLOG: How Price and Non-Price Incentives Affect California Water Demand

By Christopher Deranian, University of Maryland, College Park
—
Over the past two decades, drought conditions in California have repeatedly threatened freshwater security in the state. Since Governor Jerry Brown declared a state of emergency in 2014, a variety of policies have been enacted to promote water conservation. Continue reading BLOG: How Price and Non-Price Incentives Affect California Water Demand

rugilmartinLeave a comment
International, Microeconomics

The Economic Impact of Psychological Distress on Former Child Soldiers

By Jonathan Kaufmann, American University
—
While previous research demonstrates a significant negative relationship between post-traumatic stress disorder and earnings among adult veterans in the United States, a similar connection for children in developing nations has not been established. The literature indicates that both endogeneity and sample-selection biases are inherent in this relationship. This paper used Continue reading The Economic Impact of Psychological Distress on Former Child Soldiers

danielwainstock
Europe, Immigration, Labor, Microeconomics

Housing Demand and Labor Supply: The 1962 Algerian Repatriates to France

By Olivia Briffault. Yale University.
—
A surprising finding in analyses of the effects of immigration is that immigrants generally have a limited effect on local labor market outcomes. One reason that has been hypothesized is that immigration generates… Continue reading Housing Demand and Labor Supply: The 1962 Algerian Repatriates to France

Laura Zhang
International, Microeconomics

The Influence of Collectivism on Microfinance in Senegal

By Cole Scanlon (Harvard University), Keaton Scanlon (Warren Wilson College), and Teague Scanlon (Pomona College).
—
Microfinance, despite its mixed results in economic literature, continues to proliferate in many developing countries (Rooyen et al., 2012). This research project investigates the relationship between collectivism and microfinance. Continue reading The Influence of Collectivism on Microfinance in Senegal

15pattabia
International, Microeconomics

Has Indonesia’s Growth Between 2007-2014 Been Pro-Poor? Evidence from the Indonesia Family Life Survey

By Ariza Gusti. University of Minnesota.
—
A country’s economic growth is said to help the poor and eradicate poverty if it is “pro-poor”, in that its impacts are broad-based, and benefit the poor in absolute terms. This research seeks to explore whether Indonesia’s sustained growth… Continue reading Has Indonesia’s Growth Between 2007-2014 Been Pro-Poor? Evidence from the Indonesia Family Life Survey

15pattabia