Revisiting California Proposition 209: Changes in Science Persistence Rates and Overall Graduation Rates
by Anh-Huy Nguyen Abstract California Proposition 209 outlawed race-based affirmative action in the University of California (UC) system in 1998. However, the UC system subsequently shifted towards race-blind affirmative action by also reweighing factors other than race in the admissions process. To evaluate the hypothetical changes in the science persistence rate and graduation rate of […]
Subprime’s Long shadow: Understanding subprime lending’s role in the St. Louis vacancy crisis
by Glen David Morgenstern Abstract Using loan-level data, this analysis attempts to connect the events of the subprime home loan boom to the current vacancy crisis in St. Louis, Missouri. Borrowers in Black areas in the north of St. Louis City and St. Louis County received subprime home loans at higher rates during the subprime […]
The Effect of Sustainability Reporting on ESG Ratings
by Arthur Luetkemeyer Abstract Over the past decade the concept of Environmental, Social, and Governance (ESG) investing has emerged to aid investors to maximize return on investments while simultaneously supporting environmentally and socially friendly methods of production and operation. In this paper I investigate the effect of the quality of sustainability reporting on ESG ratings. […]
Economic Effects of the War in Donbas: Nightlights and the Ukrainian fight for freedom
Paper available to internal Duke affiliates only upon request. Professor Charles Becker, Faculty Advisor Professor Grace Kim, Faculty Advisor JEL Codes: F51; H56; O52; N44 View Data
Withdrawal: The Difficulty of Transitioning to a Cashless Economy
by Praneeth Kandula Abstract In 2021, modern payment methods such as mobile pay have increased nearly fivefold since their introduction in 2015. This shift to an increasingly cashless, digital economy has been marked by inequitable financial and technological divides. Historically, Black and Latino adults have had less access to financial systems and are less likely […]
Financial Inclusion and Women’s Economic Empowerment in India
by Nehal Jain Abstract On August 14th, 2014 India’s Prime Minister Narendra Modi implemented the largest ever financial inclusion scheme to date known as Pradhan Mantri Jan Dhan Yojana (PMJDY). The program aimed to bank all of India’s unbanked population. Prior to the program, India had one of the highest rates of unbanked citizens. The […]
Bayesian Non-Parametric Risk Metric
by Kiwan Hyun Abstract This thesis constructs completely non-parametric Risk Metric models through Dirichlet process in order to account for both the parametric uncertainty and model uncertainty that a Risk Metric may bring. Value at Risk (VaR), along with its integrated form Continuous Value at Risk (CVaR) / Expected Shortfall (ES), is one of the […]
Does Responsiveness to Mortality Risk Vary by Age? Evidence from Pandemic Health Outcomes and Movement Patterns
by Ryan Jones Hastings Abstract When choosing whether to visit venues like stores and restaurants during the COVID-19 pandemic, individuals faced trade-offs between movement and mortality risk. This paper analyzes age-specific responsiveness to infection-related mortality risk in the Philadelphia metropolitan area from March through December 2020. First, we develop a theoretical model that characterizes potential […]
Long-term Benefits of Breastfeeding: Impact on Education in Indonesia
by Natalie Gulrajani Abstract Healthy breastfeeding behaviors have been shown to produce many long-term health benefits including improved cognition. This study uses data from the Indonesian Family Life Survey (IFLS) to assess the longitudinal impact of exclusive breastfeeding duration and early life breastfeeding practices on education. Though a positive correlation was found between breastfeeding duration […]
Generic Entry and The Effect on Prices in the Prescription Drug Market
by Sahana Giridharan Abstract Drug firms have utilized a variety of strategies that contribute to rising drug prices in the U.S. for the last few years. Strategic entry timing and number of indications a drug is approved might be two factors that contribute to this rise in prices. While there have been some studies uncovering […]
