Purchasing Policy: The Effect of Political Action Committee Campaign Contributions from the Agribusiness Sector on Support Mechanisms for Individual Crop and Product Producers

By Rebecca Sobel, Princeton University

In this paper, I analyze data on agricultural producer support mechanisms and agribusiness Political Action Committee campaign contributions from 1998 to 2016 to deter- mine the extent to which lobbying on behalf of any particular crop or agricultural product is translated into government transfers back to its producers. I proceed with … Continue reading Purchasing Policy: The Effect of Political Action Committee Campaign Contributions from the Agribusiness Sector on Support Mechanisms for Individual Crop and Product Producers

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

BLOG: Market Distorting Moral Hazard of Dodd-Frank’s Title II: The Costs of Inefficient Capital Markets

By Charles LeSueur, Vassar College

The purpose of this paper is to analyze whether Title II of the Dodd–Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) effectively fulfills the stated goals of ending “too big to fail”, “no more taxpayer-funded bailouts”, and decreasing systemic risk.  I argue that Title II institutionalized taxpayer-funded bailouts under different language and increased systemic risk … Continue reading BLOG: Market Distorting Moral Hazard of Dodd-Frank’s Title II: The Costs of Inefficient Capital Markets

BLOG: Expert Opinion and Restaurant Pricing: Quantifying the Value of a Michelin Star

By Carly Shin, The George Washington University.

This paper investigates the relationship between expert ratings and the restaurant market. Specifically, this paper aims to broaden our understanding of the experience goods markets by looking at the effects of both having an expert-awarded Michelin star and earning or losing a Michelin star on New York City restaurant prices. Continue reading BLOG: Expert Opinion and Restaurant Pricing: Quantifying the Value of a Michelin Star

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

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

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