Modeling Variation in U.S. Bank Holding Companies’ Net Interest Margins
By Daniel Dorchuck This study explores variation in US bank holding companies’ (BHCs) net inter-est margins (NIMs) and the effects of interest rate risk exposure on NIMs. Interest rate risk (IRR) is intrinsic in maturity transformation and financial intermediation as banks take on short-term liabilities in the form of deposits and create assets in the form […]
Evaluating Stock and Bond Portfolio Allocations using CAPER and Tobin’s Q
By Jayanth Ganesan I test whether an investor can increase the returns on their portfolio over the long-term by timing the market using measures of market value, such as the Tobin’s q ratio and the Cyclically Adjusted Price Earnings (CAPE or Shiller-CAPE). To test this proposition, I examine contrarian investor strategies proposed by Smithers and Wright […]
The Decision to Marry of Cohabit and Economic Crises
By Jennifer Garand This paper aims to investigate the relationship between peoples’ decisions to marry or cohabit and their economic circumstances – both personal, as measured by their employment status, and peripheral, as measured by the unemployment rate in their local county. This paper will look at the role economic factors, as well as demographic and personal factors, play in the decision of whether or not to marry, cohabit, […]
Effect of Slum Redevelopment on Child Health Outcomes: Evidence from Mumbai
By Suhani Jalota As the population of urban poor living in slums increases, governments are trying to relocate people into government–provided free housing. Slum redevelopment affects every part of a household’s livelihood, but most importantly the health and wellbeing of younger generations. This paper investigates the effect of slum redevelopment schemes on child stunting levels. Data was collected in forty–one buildings under […]
Tying the Knot: Links Between the Labor and Marriage Markets
By Shafiq Haris, Alexander Prezioso, Michael Temple, Logan Turner, Kevin Zipf, Elizabeth Di Giulio, and Joseph Ueland This paper analyzes the impact of exogenous shifts in the labor market on the marriage market. The relationship between these two markets is complicated by their reverse causality. That is to say, labor market decisions play into marriage […]
Obesity and its Impact on Job Quality
By Kelly Lessard This study explores the relationship between body mass and job quality in the United States labor force using five variables to represent job quality: hourly wage, training in the past year, desire for training, expectations for success, and job satisfaction. I use the National Longitudinal Survey of Youth 1979 data from 1994 to calculate BMI and assess the job quality […]
Increased Foreign Revenue Shares in the United States Film Industry: 2000 – 2014
By Victoria Lim The American film industry, which has historically been driven by the domestic market, now receives an increasing proportion of its revenue from abroad (foreign share). To determine the factors influencing this trend, this paper analyzed data from 11 countries of 2,337 American films released during 2000 – 2014. Both film and country attributes were analyzed to determine each attribute’s effect on foreign share, whether its effect size has changed over time and whether each attribute […]
Adam Smith and Sayyid Qutb: A comparison of two different worldviews
By Kehaan Manjee The “West” and “Militant Islam” have been in conflict with each other because of their different worldviews. Adam Smith and Sayyid Qutb have arguably had tremendous influence on these worldviews i.e. capitalism and Islamic state. Both thinkers provided their prescriptions to improve the condition of their societies, and analyzing these prescriptions helps us understand the differences in these worldviews. I have compared and contrasted their socioeconomic […]
The Effect of Federal Regulations on the Outcomes of Auctions for Oil and Gas Leaseholds
By Artur Shikhaleev This thesis attempts to analyze the impact of the differences in regulatory frameworks that govern state-owned and federally-owned lands on the outcomes of auctions for oil and natural gas leaseholds in the state of New Mexico. The analysis tries to isolate the effect of ownership by controlling for auction structure, leasehold characteristics, and […]
Gender Equality as a Result of Offering Employee Benefit Policies
By Meghan Mcaneny In this study, I investigate the relationship between the percentage of women in leadership in a company and its employee benefits. This paper uses data on individual firms’ benefits such as paid parental leave, familial support, and flexibility arrangements. Using OLS, I conclude that benefits that shift familial burdens from women to men, specifically paid paternity leave, result in more women in leadership. This creates an even playing field for women to be promoted as the company environment […]
