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Author Archives: Matthew Eggleston
The Financial Impact of the Oil Pollution Act: Do the Penalties Resulting from Oil Spills Fulfill the Purpose of the OPA?
by Melissa Keever Abstract This paper explores the financial impact of the Oil Pollution Act (OPA) on oil companies for oil spills. Total penalty per barrel, including civil and criminal penalties, and total cost per barrel for oil spills are analyzed prior OPA and post OPA. Difference-in-differences estimation is used to determine if penalties and […]
The Twin Deficits Revisited: A Cross-Country, Empirical Approach
by Ethan Fleegler Abstract The twin deficit theory postulates that sustained fiscal deficits will result in current account deficits. This claim has been widely debated in the economic literature with most research focusing on its effects in developed economies. This paper attempts to further this discussion by examining the potential impacts of fiscal deficits on […]
Assessing Abortion The Impact of Legalized Abortion on the Welfare of American Women
by Katherine N. Fisher Abstract By examining data on educational attainment, workforce participation, and marriage market bargaining power, this paper assesses the impact of legalized abortion on women’s welfare. Access to abortion is found to increase education levels and employment rates. However, such access may also increase rates of sexually transmitted disease and disadvantage women […]
Federal Excise Taxes and the U.S. Beer Industry’s Three-Tier System of Distribution: Do beer manufacturers benefit from federal excise taxes?
by Ankur Sunildatta Fadia Abstract On January 1, 1991, the federal excise tax on beer increased from $9 to $18 per barrel. Young & Bielinska-Kwapisz (2002) discovered that this $9 per barrel tax increase led to a $15-$17 per barrel increase in the end-of-sale price of beer. No study has yet explained why the beer […]
Comparative Cost Outcomes Analysis between Coronary Artery Bypass Graft Surgery Versus Drug Eluding Coronary Artery Stenting
by Shivum Agarwal Abstract With the recent advent of the drug eluding stent as a possible alternative for coronary artery bypass graft (CABG) surgery, the economics of cardiac healthcare have shifted dramatically. Many doctors are now electing to send their patients to an invasive cardiologist for cardiac catheterization rather than for open heart surgery. However, […]