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Bridging the Persistence Gap: An Investigation of the Underrepresentation of Female and Minority Students in STEM Fields
By Aaditya Jain and Bailey Kaston Prior literature on mismatch theory has concentrated primarily on minority students, whose lower average levels of pre-enrollment preparedness tend to discourage them from persisting in STEM fields as often as their non-minority counterparts at selective universities. Our study shifts the focus to the persistence gap between men and women, […]
Patrolling the Future: Unintended Consequences of Predictive Policing in Chicago
By Jenny Jiao In the past decade, police departments have increasingly adopted predictive policing programs in an effort to identify where crimes will occur and who will commit them. Yet, there have been few empirical analyses to date examining the efficacy of such initiatives in preventing crime. Using police and court data from the […]
User Loyalty and Willingness to Pay for a Music Streaming Subscription
By Nell Jones Music streaming has increased industry revenue and displaced piracy, but limited profits for artists. In this thesis, I examine user loyalty to streaming platforms, focusing on the asset specificity of features and estimating what users are willing to pay for each of these features. A structural equation model of survey data […]
Where You Live and Where You Move: A Cross-City Comparison of the Effects of Gentrification and How these Effects Are Tied to Racial History
By Divya Juneja This thesis compares the effects of gentrification on school and air quality in ten cities to see whether cities with larger amounts of white flight post-World War II exhibited worse gentrification effects on renters. I find that renters in high white flight cities more consistently experience school quality downgrades—likely attributed to […]
The Impact of Medicare Nonpayment: A Quasi-Experimental Approach
By Audrey Kornkven In October 2008, a provision of the Deficit Reduction Act of 2005 known as Medicare “Nonpayment” went into effect, eliminating reimbursement for the marginal costs of preventable hospital-acquired conditions in an effort to correct perverse incentives in hospitals and improve patient safety. This paper contributes to the existing debate surrounding Nonpayment’s […]
Evolution of Wealth and Consumption in the Aftermath of a Major Natural Disaster
By Ralph Lawton Natural disasters can have catastrophic personal and economic effects, particularly in low-resource settings. Major natural disasters are becoming more frequent, so rigorous understanding of their effects on long-term economic wellbeing is fundamentally important in order to mitigate their impacts on exposed populations. In this paper, I investigate the effects of the […]
Forecasting Corporate Bankruptcy: Applying Feature Selection Techniques to the Pre- and Post-Global Financial Crisis Environments
By Parker Levi I investigate the use of feature selection techniques to forecast corporate bankruptcy in the years before, during and after the global financial crisis. Feature selection is the process of selecting a subset of relevant features for use in model construction. While other empirical bankruptcy studies apply similar techniques, I focus specifically […]
Hedonic Pricing in the Sneaker Resale Market
By Kevin Ma and Matthew Treiber This paper explores the secondary resale market for high-end and limited-edition sneakers, specifically analyzing the determinants that affect what value sneakers trade for in the secondary market. While it is common knowledge that the sneaker resale market is a thriving and active secondary market, there is little to no […]
Investigating the Impact of Chinese Financing on Productivity in the African Continent
By Kedest Mathewos Given that productivity is a key component of long-term economic growth and that China has become an important source of external financing in Africa, this study aims to investigate the impact of Chinese foreign direct investment and government-to-government loans on productivity. Using a panel of the top fourteen African recipients of […]
Private Equity Buyouts and Strategic Acquisitions: An Analysis of Capital Investment and the Timing of Takeovers in the United States
By Anthony Melita This paper investigates how motivational differences between agents who execute private equity buyouts and those who execute strategic (corporate) acquisitions may influence the timing of capital investment via takeovers. This paper synthesizes prominent merger theories to inform macroeconomic variables that may drive acquisitions. I find a significant negative expected effect of […]
