Clean Growth: Emissions taxes and endogenous technological change
by Daniel Cook Abstract This paper studies the long-run effects of imposing a tax on the emissions from energy usage. We impose an endogenous tax on polluting emissions from energy use in a model where energy firms can do R&D in order to clean up their energy product. The model is an extension of that […]
Risky Business: The Effect of Family Income on Teen Risky Sexual Behavior
by Caitlin McLaughlin Abstract Risky sexual behavior can have profound consequences for a teen’s physical wellbeing, mental health, and future economic success. We explore this topic by examining the relationship between total household income and risky sexual behaviors including the use of birth control, number of sexual partners, age at first intercourse, and the contraction […]
Output and the Composition of Government Spending in India
by Ashni Parekh Abstract This paper uses a Cobb-Douglas production function to analyze the role of government spending in the Indian economy and tries to determine how different categories of spending affect growth outcomes. Government spending is hypothesized to influence output and growth through two channels, by affecting the level of TFP and the level […]
The Informational Content of Implied Volatility in Individual Stocks and the Market
by Andrey Fradkin Abstract We examine the informational content of historical and implied measures of variance through an evaluation of forecasts over horizons ranging from 1 to 22 days. These forecasts use heterogeneous autoregressive (HAR) regressions which are constructed with high-frequency data. Our results show that the t and forecasting ability of models based on […]
Why the Apple Doesn’t Fall Far From the Tree: Individual Parent’s Resources and Child Outcomes
by Brooke E. Jandl and Amanda K Jones Abstract Contemporary issues of son-preference and infanticide in developing countries have encouraged extensive research into how gender bias in the allocation of parental resources affects the child(ren). Disparities in child physical health outcomes have received particular focus. Growing evidence from both developing and developed countries suggests mothers […]
To Work or Not to Work? Labor Supply Decisions of Russia’s Disabled
by Aleksander Andreev Abstract By some estimates, almost 6% of Russians are officially disabled. The Russian government has announced the rehabilitation of disabled individuals into the labor force as one of its goals. This paper investigates labor supply decisions of Russia’s disabled using data from the cross-sectional NOBUS dataset. Particular emphasis will be made on […]
Does Capital Control Policy Affect Real Exchange Rate Volatility? A Novel Approach Using Propensity Score Matching
by Adam Gross Abstract Propensity score matching is a statistical technique recently introduced in the field of economics, which researchers use to assess the treatment effect of policy initiatives. In this study I use propensity score matching to analyze the treatment effect of capital control policy on real exchange rate volatility. I find the treatment […]
