Impacts of SES on Educational Attainment in Maryvale

Description

In the United States, the importance of acquiring higher education has steadily increased with almost two-thirds of the population attending some college or university (U.S. Census Bureau). Across different socioeconomic groups, the accessibility of higher education is vastly different. Factors

In the United States, the importance of acquiring higher education has steadily increased with almost two-thirds of the population attending some college or university (U.S. Census Bureau). Across different socioeconomic groups, the accessibility of higher education is vastly different. Factors such as low income, immigration status, and familiarity with national policies and institutions pose significant obstacles, especially for low-income communities of color. As the standard of skills needed for a productive career heightens, research needs to target specific marginalized communities that may disproportionately face barriers to entry into the pursuit of higher education. In this study, I will focus efforts on Maryvale, Arizona to assess the impact of socioeconomic status (SES) on educational attainment levels. 20% of Maryvale’s population falls below the federal poverty line, a greater proportion than the rest of Arizona. While income and poverty levels contribute as obstacles to the process of development, they are compounded by factors such as limited English-speaking ability and a lack of health insurance within Maryvale’s population. This study uses data from the U.S. Census Bureau and Geographic Information Systems (GIS) to show how low socioeconomic status has a negative relationship with higher educational attainment in historically underserved communities like Maryvale.

Date Created
2023-05
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1MISSION: Building Economic Development in Puerto Peñasco, Sonora

Description

Much of the community in Rocky Point, Mexico, faces chronic poverty and limited economic development. However, using an asset-based community development model, a local non-profit organization is working to empower the people to take the community's development into their own

Much of the community in Rocky Point, Mexico, faces chronic poverty and limited economic development. However, using an asset-based community development model, a local non-profit organization is working to empower the people to take the community's development into their own hands. 1MISSION, through its community-driven projects and programs, is helping bring sustainable and meaningful development to Rocky Point.

Date Created
2023-05
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Haiti in Turmoil: Why US Foreign aid has not worked and how to fix it

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Description

Countries such as Haiti—where corruption, violence, and extreme poverty hinder economic growth and recovery— require multifaceted, interdisciplinary solutions. The United States, along with much of the western world, has a flawed understanding of foreign aid. Though current humanitarian efforts have

Countries such as Haiti—where corruption, violence, and extreme poverty hinder economic growth and recovery— require multifaceted, interdisciplinary solutions. The United States, along with much of the western world, has a flawed understanding of foreign aid. Though current humanitarian efforts have effectively improved the lives of millions of Haitians, they fail to address the systemic roots of Haiti’s issues. Likewise, some efforts have been counterproductive or even harmful. If the US wishes to assist Haiti (and similar developing countries for that matter) in its journey to restoring the rule of law, reducing corruption, and empowering its citizens, it must collaborate with Haitian leaders and prioritize socioeconomic policy programs.

Date Created
2022-05
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The Use of Air Pollution to Explain Cross-Country Income Differences

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Description

Using the Development Accounting methodology specified in Caselli (2004), we investigate the potential of PM2.5, a measure of pollution, as an explanation of cross-country differences in GDP using available Macroeconomic data from the Penn World Table and the WHO. We

Using the Development Accounting methodology specified in Caselli (2004), we investigate the potential of PM2.5, a measure of pollution, as an explanation of cross-country differences in GDP using available Macroeconomic data from the Penn World Table and the WHO. We find that the addition of PM2.5 makes improvements to the model within the expectations of the literature. This adjustment shows promise for use in cooperation with other, more potent economic factors.

Date Created
2021-05
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The Use of Air Pollution to Explain Cross-Country Income Differences

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Description

One of the most pressing questions in economics is “why are some countries richer than others?” One methodology designed to help answer the question is known as “Development Accounting,” a framework that organizes the determinants of income into two categories:

One of the most pressing questions in economics is “why are some countries richer than others?” One methodology designed to help answer the question is known as “Development Accounting,” a framework that organizes the determinants of income into two categories: differences in inputs and differences in efficiency. The objective of our work is to study to what extent differences in the levels of pollution can help explain income differences across countries. To do this, we adjusted a factor-only model to allow us to enter PM2.5, a measure of pollution that tracks the concentration of fine particulate matter in the air and looked to see if the model’s predictive power improved. We ultimately find that we can improve the model’s success in predicting GDP by .5 - 6%. Thus, pollution is unlikely to be a major force in understanding cross-country income differences, but it can be used with other economic factors to potentially magnify its impact with other additions in the future.

Date Created
2021-05
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A Comparative Analysis of the Human Capital in Costa Rica

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Description
This paper seeks to explore connections between the industries and sociopolitical environment in Costa Rica and human capital. Human capital for the purpose of this paper is an individual or a population’s ability to produce goods and services concerning human

This paper seeks to explore connections between the industries and sociopolitical environment in Costa Rica and human capital. Human capital for the purpose of this paper is an individual or a population’s ability to produce goods and services concerning human factors of productivity namely their health, education, or technical skillset. This question is interesting because improving human capital, in general, allows for more goods and services to be produced, and therefore higher welfare. This means recognizing conditions that improve human capital may provide a guide to enhanced prosperity. The paper identifies the characteristic industries in Costa Rica as tropical agriculture and small electronics manufacturing, provides insight as to how on the job training and externalities of these industries might affect human capital, and compares other similar nations’ data to world data provided by the world bank. The other central aim is to draw insight on how a nation having a standing military might impact human capital, which is relevant because Costa Rica abolished its military over fifty years ago.
Date Created
2020-05
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Understanding the Role of Gender in Economics: an Observational Study at Arizona State University

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Description
There exists a notable gender gap in the field of economics. One explanation for this gap is the low supply of women entering the economics labor market. To understand the shortage of female economics students, I observe students at the

There exists a notable gender gap in the field of economics. One explanation for this gap is the low supply of women entering the economics labor market. To understand the shortage of female economics students, I observe students at the undergraduate and graduate level. My data consists of a sample of current undergraduate students and a sample of past Ph.D. applicants at Arizona State University. The gender gaps in these samples, both at the undergraduate and graduate level, can largely be explained by the variation in mathematical preparation of the students. The data reveals that undergraduate male economics students are more frequently enrolled in higher level math courses compared to female undergraduate students. Likewise, a higher number of male Ph.D. applicants have stronger mathematical backgrounds relative to female Ph.D. applicants. This common factor might explain the higher supply of male students who apply and get accepted to postgraduate studies in economics, relative to female students, holding all else constant. I conclude with the following recommended interventions: make information regarding postgraduate opportunities in economics more readily available, and increase math requirements for a bachelor’s degree in economics at ASU.
Date Created
2019-05
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Essays in Macroeconomics

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Description
This dissertation consists of two parts. The first part is about understanding the mechanism behind female labor supply movement over economic development. Female labor force participation follows a U-shape pattern over per capita GDP cross nationally as well as within

This dissertation consists of two parts. The first part is about understanding the mechanism behind female labor supply movement over economic development. Female labor force participation follows a U-shape pattern over per capita GDP cross nationally as well as within some countries. This paper questions if this pattern can be explained through sectoral, uneven technological movements both at market and at home. For that I develop a general equilibrium model with married couples and home production. I defined multiple sectors both at home and in the market. And by feeding the model with uneven technological growth, I observe how participation rate moves over development. My results indicate that a decrease in labor supply is mainly due to structural transformation. Meaning, a higher technology in a large sector causes prices to go up in that sector relative to other. Hence, labor allocated to this sector will decrease. Assuming this sector has a big market share, it will decrease the labor supply. Also, I found that the increase in female labor supply is mostly because of movement from home to market as a result of a higher technological growth in the market. The second part is about developing a methodology to verify and compute the existence of recursive equilibrium in dynamic economies with capital accumulation and elastic labor supply. The method I develop stems from the multi-step monotone mapping methodology which is based on monotone operators and solving a fixed point problem at each step. The methodology is not only useful for verifying and computing the recursive competitive equilibrium, but also useful for obtaining intra- and inter-temporal comparative dynamics. I provide robust intra-temporal comparative statics about how consumption and leisure decisions change in response to changes in capital stock and inverse marginal utility of consumption. I also provide inter-temporal equilibrium comparative dynamics about how recursive equilibrium consumption and investment respond to changes in discount factor and production externality. Different from intra-temporal comparative statics, these are not robust as they only apply to a subclass of equilibrium where investment level is monotone.
Date Created
2018
Agent

The Euro-Zone Crisis

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Description
The situation in the Euro-Zone is fluctuating daily with various efforts to curb the contagion of certain Euro-Zone member states. In the effort to focus on the greater macroeconomic and social impact of the Euro-Zone, this paper concentrates on the

The situation in the Euro-Zone is fluctuating daily with various efforts to curb the contagion of certain Euro-Zone member states. In the effort to focus on the greater macroeconomic and social impact of the Euro-Zone, this paper concentrates on the history of the Euro-Zone, the causes of the crisis, outlines potential solutions, discusses individual perspectives on the issue, and describes a prediction for the future of the Euro-Zone.
Date Created
2013-05
Agent

Expanding a Pharmaceutical Price Competition Model to Include On-Patent Drugs and Generic Competition

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Description
This paper develops a theoretical price competition model, based on the model established in Brekke et al. (2010), in order to analyze the effects of exogenous reference price regulations on pharmaceutical firms' pricing strategies and competitive decisions. Our model establishes

This paper develops a theoretical price competition model, based on the model established in Brekke et al. (2010), in order to analyze the effects of exogenous reference price regulations on pharmaceutical firms' pricing strategies and competitive decisions. Our model establishes demand schedules that represent consumer demand for generic, brand-name, and on-patent drugs under free competition and governmental regulation. Drug equilibrium prices are determined by having firms play a Bertrand game. Equilibrium prices under reference price regulation indicate that the reference price set by regulators affects the price decisions of firms. Our model concludes that a higher reference price will increase the price of both the on-patent pioneer drug as well as the brand-name drug, while the generic drug price equilibrium is not affected by the reference price.
Date Created
2015-05
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