Cashing Out the Benefits: The Spillover Impact of Cash Transfers on Household Educational Investment
By Mitchell Garrett Ochse and Matheus Dias
Using electricity price, generation, installed capacity, and carbon price data from the European Union from January 2015 to December 2018, this study finds that the carbon pricing in the European Union Emissions Trading Scheme (EU ETS) incentivizes electricity sector carbon emission reductions through renewable energy deployment only for economically advanced EU members. Transitional economies show a weak to modest carbon emission increase despite a common carbon price. This study estimates an electricity supply curve, or merit order, for 24 EU ETS members using a Tobit regression model and analyzes changes in this curve using a linear bspline. These shifts provide insight into how carbon pricing affected energy generation, price, and CO2 emissions for two distinct categories of EU member states. The advanced category as a whole saw a strong electricity sector decrease in carbon emissions, both over time and from carbon pricing, while the transitional category as a whole saw a weak increase. This indicates that advanced EU members in Northern, Western, and Central Europe likely sold permits to transitional ones in Southern and Eastern Europe. While these findings may initially reflect the gains from trade of carbon emissions, permits inherent in the European Union Emissions Trading Scheme’s design, the implications of how these two distinct groups have changed electricity generation present challenges to the ultimate long-term goal of EU-wide carbon neutrality by 2050, particularly in transitional economies’ electricity sectors.
Advisors: Professor Xiao Yu Wang, Professor Michelle Connolly | JEL Codes: C93; I21; I24
By Nicholas Thomas Gardner
This paper works towards developing the narrative of orphans whose parent or parents died from natural disaster. By taking advantage of the unanticipated nature of death from the 2004
Indonesian tsunami, orphanhood can be treated as much closer to random than similar literature using data centered on HIV/AIDS related deaths. We use a community level fixed effects model to attempt to derive a causal relationship between orphanhood and both education and log wages. Our models suggest that orphaned males aged 14 and older at baseline complete 1-2 fewer years of education than their cohorts. The adverse effects persist in the long-term, as these orphans earn 26% less than non-orphan cohorts.
Advisors: Duncan Thomas and Kent Kimbrough | JEL Codes: I24, I25, I31, J24, J31
By Abby Snyder
This paper examines the effects of different school and district characteristics on SAT scores across North Carolina from 2007 to 2014. Such characteristics include demographics, poverty and wealth indicators, measures of classroom environment, and achievement levels. A pooled time series panel across districts and schools with fixed effects is used to determine the strength of influence these variables have on scores. Ultimately, this paper identifies which characteristics lead to over– or under–performance relative to predicted values; further, it considers the implications of the SAT being more of an “achievement” test versus an “aptitude” test.
Advisor: Charles Becker | JEL Codes: I2, I24 | Tagged: Achievement Gap, Aptitude Test, Education, SAT
By Andrew De Donato
We seek to understand how affiliating with a Greek organization impacts both grades and course selection. This research provides a novel addition to the literature due to a unique situation at the sample university, in that the first opportunity for freshmen to join Greek organizations occurs in the spring semester rather than the fall, as is more common. This situation allows us to control for otherwise unobserved characteristics that may be common to those who affiliate with Greek organizations. For men, joining a Greek organization is associated with a .07 point decrease in the grade received for an average class, while, for women, it is associated with an increase of .02 points in the fall semester and a decrease of .06 points in the spring semester. Joining a Greek organization is also associated with a decrease in the difficulty of selected courses, such that the average course selected provides grades that are .03 points higher than the average course, controlling for enrolled student characteristics.
Advisor: Michelle Connolly, Peter Arcidiacon | JEL Codes: I, I21, I23, I24 | Tagged: Course Selection, Fraternity, GPA, Grades, Greek, Sorority
Neighborhood Effects and School Performance: The Impact of Public Housing Demolitions on Children in North Carolina
By Rebecca Aqostino
This study explores how the demolitions of particularly distressed public housing units, through the Home Ownership for People Everywhere (HOPE VI) grants program, have affected academic outcomes for children in adjacent neighborhoods in Durham and Wilmington, North Carolina. I measure neighborhood-level changes and individual effects through regression analysis. All students in demolition communities are compared to those in control communities: census blocks in the same cities with public housing units that were not demolished. Those in the Durham experiment community experienced statistically significant gains when compared to those in the control communities; the effect is insignificant in Wilmington.
Advisor: Charles Becker | JEL Codes: C23, H41, H52, H75, I24, I25 | Tagged: