+publisher:"Virginia Tech" +contributor:("Tideman, Thorwald Nicolaus")

1. Bagheri, Omid. Three Essays in Applied Microeconomics.

Degree: PhD, Economics, 2017, Virginia Tech

► This dissertation includes three chapters. The first and second chapters are related to economics of immigration, and the last one is about environmental economics. The… (more)

▼ This dissertation includes three chapters. The first and second chapters are related to economics of immigration, and the last one is about environmental economics. The first chapter studies people who work and live in the US on work visas such as H-1B, and compares them to natives. In this chapter I examine whether or not there exists any wage premium for or against college graduate immigrants who are on work visa compared to college graduate natives. I also check for any change of such a premium from 2003 to 2010. On the contrary to the common belief that foreign workers are cheap labor force, my results show that skilled immigrants holding temporary work visas on average have a significant wage premium over natives, and this premium has even increased significantly from 2003 to 2010 (from 14% to 22%). My results show that such a wage premium is different for men, women, and countries of origin, but I found no evidence supporting different premiums across different fields of study. The second chapter of this dissertation studies the dynamics of the earnings gap between those immigrants and US-born individuals with bachelor's degrees or higher in science and engineering fields. The research question is that in case a gap exists for or against immigrants, how is it changing with the amount of time immigrants reside in the United States? I employ cross-sectional and longitudinal approaches to answer this question, and study the earnings gap between three groups of immigrants (based on the current residency status) and natives at entry and over time. I also compare natives with immigrants who migrated to the United States on different types of visas (permanent residence visa, work visa, study visa, and dependent visa). Results show that, upon arrival, immigrants on average have a considerable premium over the US-born, and this gap, surprisingly, even gets bigger with an approximate rate of 0.25% for the first 5-10 years of immigrants' residence in the US. This phenomenon could be due to the higher level of abilities and motivation among immigrants compared to natives. Another reason can be the selectivity among immigrants, meaning that more successful stays and others return. Unfortunately, due to the lack of information in data regarding these issues, they could not be controlled for in my models. The last chapter is about environmental economics. This chapter exploits a daily time series data on pollen count and PM2:5 level from 2009 to 2015 to study the separate impacts of PM2:5 and pollen on the number of total, in-patient, and out-patient respiratory hospital admissions within different age groups in the Reno/Sparks metropolitan area in Northern Nevada. The results show that although PM2:5 has a positive impact on the number of out- patient admissions in most of the age groups, there is no evidence that shows any relationship between the pollen count and the number of in-patient or out-patient respiratory admissions. Advisors/Committee Members: Tideman, Thorwald Nicolaus (committeechair), Moeltner, Klaus (committeechair), You, Wen (committee member), Tsang, Kwok Ping (committee member).

Subjects/Keywords: Immigration; Wage Differentials; STEM; Air Pollution; Respiratory Health

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APA (6^th Edition):

Bagheri, O. (2017). Three Essays in Applied Microeconomics. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/78694

Chicago Manual of Style (16^th Edition):

Bagheri, Omid. “Three Essays in Applied Microeconomics.” 2017. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/78694.

MLA Handbook (7^th Edition):

Bagheri, Omid. “Three Essays in Applied Microeconomics.” 2017. Web. 06 Mar 2021.

Vancouver:

Bagheri O. Three Essays in Applied Microeconomics. [Internet] [Doctoral dissertation]. Virginia Tech; 2017. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/78694.

Council of Science Editors:

Bagheri O. Three Essays in Applied Microeconomics. [Doctoral Dissertation]. Virginia Tech; 2017. Available from: http://hdl.handle.net/10919/78694

2. Asif Ehsan, Syed Mortuza. Three Essays on the Economics of Hydraulic Fracturing.

Degree: PhD, Economics, 2016, Virginia Tech

URL: http://hdl.handle.net/10919/72130

► Hydraulic fracturing has been increasingly used in the USA to economically extract natural gas and oil from newly discovered shale plays. Despite new, more severe,… (more)

▼ Hydraulic fracturing has been increasingly used in the USA to economically extract natural gas and oil from newly discovered shale plays. Despite new, more severe, and long term impacts of hydraulic fracturing compared to conventional drilling, regulatory practices are mostly implemented by states that regulate with older regulations that were were written before the widespread use of hydraulic fracturing. This dissertation presents three essays on the economics of hydraulic fracturing. A standard renewable lease in hydraulic fracturing runs for a five-year primary term. The first essay examines the effect of initial contract length on extraction behavior and social costs. It finds that the rate of extraction decreases over time for both, the social planner and the private extractor. In addition, the social planner has a more stable extraction path compared to the private extractor. Holding other things equal, if the social planner seeks to induce a private extractor to leave a higher in situ stock un-extracted, then the optimal contract duration is longer. Simulations illustrate the magnitude of social costs inherent in hydraulic fracturing and non-optimal fixed contract lengths. The second essay investigates the impact of the significantly increased bonding requirements for horizontal wells introduced in West Virginia in December, 2011, on the probability of violation committed by those wells. Results suggest that the increased bonding requirement has reduced the probability of violation by 2.6 to 3.2 percentage points. Moreover, it slightly reduces the number of violations done by horizontal wells. Finally, the third essay explores several aspects of Act-13, introduced on February 14, 2012, by Pennsylvania. This act imposes new fees that are assessed annually for fifteen years, on all unconventional gas wells in Pennsylvania. This chapter explores the impacts of Act-13 on the likelihood of an unconventional well's shut-down, rate of extraction, and probability of violation. Results suggest that wells incurring this increased fee schedule have a significantly higher likelihood (more than three times) of shut-down. Also, Act-13 have reduced the extraction rate, and the probability of violation committed by unconventional wells in Pennsylvania. Advisors/Committee Members: Tideman, Thorwald Nicolaus (committeechair), Moeltner, Klaus (committeechair), Tsang, Kwok Ping (committee member), Amacher, Gregory S. (committee member).

Subjects/Keywords: Hydraulic fracturing; environmental externalities; dynamic optimization; survival analysis; unconventional wells

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APA (6^th Edition):

Asif Ehsan, S. M. (2016). Three Essays on the Economics of Hydraulic Fracturing. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/72130

Chicago Manual of Style (16^th Edition):

Asif Ehsan, Syed Mortuza. “Three Essays on the Economics of Hydraulic Fracturing.” 2016. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/72130.

MLA Handbook (7^th Edition):

Asif Ehsan, Syed Mortuza. “Three Essays on the Economics of Hydraulic Fracturing.” 2016. Web. 06 Mar 2021.

Vancouver:

Asif Ehsan SM. Three Essays on the Economics of Hydraulic Fracturing. [Internet] [Doctoral dissertation]. Virginia Tech; 2016. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/72130.

Council of Science Editors:

Asif Ehsan SM. Three Essays on the Economics of Hydraulic Fracturing. [Doctoral Dissertation]. Virginia Tech; 2016. Available from: http://hdl.handle.net/10919/72130

Virginia Tech

3. Matje, Thorsten. Empirical Analyses of a Spatial Model of Voter Preferences.

Degree: PhD, Economics, 2016, Virginia Tech

URL: http://hdl.handle.net/10919/73579

► To properly analyze the advantages and disadvantages of voting rules, and how well the outcomes that they yield reflect voters' preferences, one needs very large… (more)

Subjects/Keywords: Public Choice; Statistical Analysis; Voting

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APA (6^th Edition):

Matje, T. (2016). Empirical Analyses of a Spatial Model of Voter Preferences. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/73579

Chicago Manual of Style (16^th Edition):

Matje, Thorsten. “Empirical Analyses of a Spatial Model of Voter Preferences.” 2016. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/73579.

MLA Handbook (7^th Edition):

Matje, Thorsten. “Empirical Analyses of a Spatial Model of Voter Preferences.” 2016. Web. 06 Mar 2021.

Vancouver:

Matje T. Empirical Analyses of a Spatial Model of Voter Preferences. [Internet] [Doctoral dissertation]. Virginia Tech; 2016. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/73579.

Council of Science Editors:

Matje T. Empirical Analyses of a Spatial Model of Voter Preferences. [Doctoral Dissertation]. Virginia Tech; 2016. Available from: http://hdl.handle.net/10919/73579

Virginia Tech

4. Qian, Tiefeng. Macro Economics Essays on Technological Change.

Degree: PhD, Economics, 2014, Virginia Tech

URL: http://hdl.handle.net/10919/48965

► The essay consists of three chapters. In chapter 1, I find that wages in U.S. regions have been diverging instead of converging from 1975 onward.… (more)

▼ The essay consists of three chapters. In chapter 1, I find that wages in U.S. regions have been diverging instead of converging from 1975 onward. This coincides with the period of accelerating skill-biased technological change. A decomposition of the divergence rate indicates three channels underlying the divergence: (1) an ever-widening wage gap between college graduates and high school graduates, (2) an increasing within-education group wage differential across regions, and (3) a concentration of skill composition across local labor markets. I then developed an endogenous skill-biased technology adoption model in which firms invest capital more intensively in regions with higher employment share of college graduates, explaining these three channels jointly. Finally I quantitatively assess the model by separately calibrating the regional aggregate production function; the results show that the relative skilled-labor efficiency has been persistently higher in skill-abundant regions, nevertheless the countrywide skill-biased technological change, is the main force making divergence happening. Chapter 2 studies energy-saving technological change in U.S. manufacturing sector, whose intensive margin and extensive margins are identified. I find that energy and capital are mostly complementary to each other, while labor is substitutive to energy-capital composite. However, a Cobb-Douglas nesting of labor is rejected. Quantitative exercise shows that in the post-crisis period, within in industry energy-saving technological change accounts for the largest proportion of the aggregate sectoral energy efficiency promotion in the long run. In contrast, in the short run, factor adjustment combined with sectoral shift accounts for the largest proportion of energy intensity reduction. Lastly, I provide evidence that structural change has taken place around the oil crisis in 1970s, which is consistent with the existing literature. In chapter 3, I documented the increasing dispersion of skill composition across different areas in the U.S. Meanwhile, the U.S. Housing Market has experienced a dramatic increase in the housing price, as well as a similarly increase in its dispersion across metropolitan areas. A set of related stylized facts are documented in this paper. First, the real wage goes similarly as real housing prices, but quantitatively different. Second, the rents and housing prices have not been going in the exactly same way, in terms of first two moments. Third, we find that local income inequality is positively correlated to the local housing price level. Based on these observations, we build a model where a dispersed skill-biased technology change can account for all the phenomena at the same time. Advisors/Committee Members: Tideman, Thorwald Nicolaus (committeechair), Yang, Zhou (committee member), Ge, Suqin (committee member), Cothren, Richard D. (committee member), Tsang, Kwok Ping (committee member).

Subjects/Keywords: Technological Change; Skill-Biased; Energy Saving; Housing Price; Inequality

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APA (6^th Edition):

Qian, T. (2014). Macro Economics Essays on Technological Change. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/48965

Chicago Manual of Style (16^th Edition):

Qian, Tiefeng. “Macro Economics Essays on Technological Change.” 2014. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/48965.

MLA Handbook (7^th Edition):

Qian, Tiefeng. “Macro Economics Essays on Technological Change.” 2014. Web. 06 Mar 2021.

Vancouver:

Qian T. Macro Economics Essays on Technological Change. [Internet] [Doctoral dissertation]. Virginia Tech; 2014. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/48965.

Council of Science Editors:

Qian T. Macro Economics Essays on Technological Change. [Doctoral Dissertation]. Virginia Tech; 2014. Available from: http://hdl.handle.net/10919/48965

Virginia Tech

5. Zhang, Yonghui. Essays on Taxation, Marriage, and Labor Supply.

Degree: PhD, Economics, 2015, Virginia Tech

URL: http://hdl.handle.net/10919/76670

► My dissertation consists of three essays on labor supply responses, along the extensive margin (participation into the labor force) and along the intensive margin (intensity… (more)

▼ My dissertation consists of three essays on labor supply responses, along the extensive margin (participation into the labor force) and along the intensive margin (intensity of work on the job). The first two essays focus on the labor supply responsiveness of single women with children to taxation and welfare programs. The third essay investigates the effects of marriage, the wage rate, and the associated tax rate on men's labor supply. In the first essay, to avoid bias from the fact that labor supply outcomes are being driven by self-selection, I build a dynamic stochastic discrete choice model to investigate the long run effects of the earned income tax credit and welfare policies on single mothers' labor supply. Simulated method of moments is used to estimate parameters of this dynamic model, based on March CPS data files from 1964 to 2013. I compare the performance of the dynamic stochastic discrete choice model, a static model, and a reduced-form model. My analysis concludes that the dynamic stochastic discrete choice model captures the simultaneous impact of the state variables on the predicted employment decision. My study provides evidence of the long-run positive effect of public policy on low income families in a life-cycle setting. This essay also emphasizes the importance of education in increasing single mothers' labor supply. The second essay is designed to identify factors that help single mothers leave TANF within a short span of time. I find strong evidence for the importance of child support assistance to single mothers' success in exiting TANF with a job. I uncover evidence that work-related activities do not induce TANF participants to leave within a short span of time. My analysis also suggests that health issues significantly limit the ability of single mothers to exit TANF. In the third essay, the main research question is how marital status affects the elasticity of the labor supply of males with respect to wages and taxes, in a life-cycle setting. A dynamic panel data model, which extends the literature on dynamic labor supply, indicates that the elasticity of men's labor supply with respect to wages and taxes is affected by marital status. The empirical results using the Panel Study of Income Dynamics (PSID) data show that men who are continuously married to the same wife have a lower average Frisch elasticity than others. Advisors/Committee Members: Tideman, Thorwald Nicolaus (committeechair), Plassman, Florenz (committee member), Cothren, Richard D. (committee member), Ge, Suqin (committee member), Tsang, Kwok Ping (committee member).

Subjects/Keywords: Labor Supply; Earned Income Tax Credit; Dynamic Stochastic Discrete Choice Model; Simulated Method of Moments; Single Mothers; Multinomial Logit; Frisch Elasticity

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APA (6^th Edition):

Zhang, Y. (2015). Essays on Taxation, Marriage, and Labor Supply. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/76670

Chicago Manual of Style (16^th Edition):

Zhang, Yonghui. “Essays on Taxation, Marriage, and Labor Supply.” 2015. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/76670.

MLA Handbook (7^th Edition):

Zhang, Yonghui. “Essays on Taxation, Marriage, and Labor Supply.” 2015. Web. 06 Mar 2021.

Vancouver:

Zhang Y. Essays on Taxation, Marriage, and Labor Supply. [Internet] [Doctoral dissertation]. Virginia Tech; 2015. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/76670.

Council of Science Editors:

Zhang Y. Essays on Taxation, Marriage, and Labor Supply. [Doctoral Dissertation]. Virginia Tech; 2015. Available from: http://hdl.handle.net/10919/76670

Virginia Tech

6. Shin, Jongwon. Three Essays on Middlemen in Intermediated Markets.

Degree: PhD, Economics, 2011, Virginia Tech

URL: http://hdl.handle.net/10919/37795

► This dissertation comprises three essays on theoretical analysis of middlemen in intermediated markets. Chapter 1 gives a brief survey on the market intermediation literature and… (more)

▼ This dissertation comprises three essays on theoretical analysis of middlemen in intermediated markets. Chapter 1 gives a brief survey on the market intermediation literature and also briefly describes the subsequent chapters. In Chapter 2 I study the role of horizontally differentiated middlemen in a bilateral search market in which heterogeneous agents of each group possess private information concerning the value of joint production. I focus on the effect of the middlemen on agentsâ search efforts and on pricing decisions by middlemen. In particular, I show that the middlemen intensify agentsâ search activities. I also provide an explanation for why middlemen often use asymmetric pricing for two groups in a market. In Chapter 3 I study a model of platform competition when both indirect network effect and the desirability concerns of the agents are present. The desirability concerns are defined as the perceived quality of platforms. A platform with a higher proportion of high-type agents is regarded as a platform with a better quality. Under these circumstances, I derive conditions for the existence of equilibrium. In a dominant platform equilibrium, I show that some agents may not be served by the dominant platform. I also show that two platforms with different perceived quality may coexist in equilibrium. It suggests that endogenous market segmentation may arise in two-sided markets. In chapter 4 I study the effort-maximizing contest rule when there is a positive externality between aggregate efforts and the contest audience: the audience is more willing to pay for watching a contest if each participating contestant expends more effort. The Tullock rent-seeking contest with endogenous entry is extended by incorporating the contest audience into the model. In order to fund the contest, the organizer with no budget has to collect fees from one or both of two groups. It is shown that the effort-maximizing contest rule under a positive externality attracts only two entrants and, in the unique subgame perfect equilibrium, the entrants are always subsidized regardless of the size of entry costs, and the audience pay a positive fee. Advisors/Committee Members: Kats, Amoz (committee member), Tideman, Thorwald Nicolaus (committee member), Yang, Zhou (committee member), Macieira, Joao C. (committeecochair), Haller, Hans H. (committeecochair).

Subjects/Keywords: Market Intermediations; Tullcok Contests; Cross Group Externalities; Two-Sided Markets; Platform Competitions

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APA (6^th Edition):

Shin, J. (2011). Three Essays on Middlemen in Intermediated Markets. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/37795

Chicago Manual of Style (16^th Edition):

Shin, Jongwon. “Three Essays on Middlemen in Intermediated Markets.” 2011. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/37795.

MLA Handbook (7^th Edition):

Shin, Jongwon. “Three Essays on Middlemen in Intermediated Markets.” 2011. Web. 06 Mar 2021.

Vancouver:

Shin J. Three Essays on Middlemen in Intermediated Markets. [Internet] [Doctoral dissertation]. Virginia Tech; 2011. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/37795.

Council of Science Editors:

Shin J. Three Essays on Middlemen in Intermediated Markets. [Doctoral Dissertation]. Virginia Tech; 2011. Available from: http://hdl.handle.net/10919/37795

Virginia Tech

7. Green, Ellen P. A Study of Human Decision-Making in Economic Games.

Degree: PhD, Economics, 2011, Virginia Tech

URL: http://hdl.handle.net/10919/29505

► This dissertation contains three essays on the impact of other-regarding behavior on human decision-making. Chapter II uses experimental methods to analyze the relative performance of… (more)

Subjects/Keywords: Principal-agent theory; moral hazard; contract enforcement; reciprocity; altruism; other-regarding behavior; responsibility; intentionality

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APA (6^th Edition):

Green, E. P. (2011). A Study of Human Decision-Making in Economic Games. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/29505

Chicago Manual of Style (16^th Edition):

Green, Ellen P. “A Study of Human Decision-Making in Economic Games.” 2011. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/29505.

MLA Handbook (7^th Edition):

Green, Ellen P. “A Study of Human Decision-Making in Economic Games.” 2011. Web. 06 Mar 2021.

Vancouver:

Green EP. A Study of Human Decision-Making in Economic Games. [Internet] [Doctoral dissertation]. Virginia Tech; 2011. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/29505.

Council of Science Editors:

Green EP. A Study of Human Decision-Making in Economic Games. [Doctoral Dissertation]. Virginia Tech; 2011. Available from: http://hdl.handle.net/10919/29505

Virginia Tech

8. Yang, Tsung-Han. Essays on Applied Game Theory and Public Economics.

Degree: PhD, Economics, 2018, Virginia Tech

URL: http://hdl.handle.net/10919/82963

► The first chapter presents a theoretical model of electoral competition where two parties can increase campaign contributions by choosing policies benefiting a significant interest group.… (more)

▼ The first chapter presents a theoretical model of electoral competition where two parties can increase campaign contributions by choosing policies benefiting a significant interest group. However, such decision will shrink their hardcore vote base where voters are well informed about the policy. The parties can then allocate the funds between campaigning and personal wealth. Different from the core voters, independent voters can be attracted by advertisements funded by campaign spending. Using a multi-stage extensive form game, I investigate how electoral competition interacts with diversions and policy distortions. My result shows that a higher level of electoral competition helps mitigate policy distortions but prompts the parties to divert more funds. Perfectly informed signal senders need to communicate their true type (productivity or ability) which is often private information to potential receivers. While tests are commonly used as measures of applicants' productivity, the accuracy of them has been questioned. Beginning with the framework of a two-type labor market signaling game, the second chapter investigates how tests of limited reliability affect the nature of equilibria in signaling games with asymmetric information. Our results show that, if a test is inaccurate and costly, only pooling PBE exists given certain conditions. Different forms of test inaccuracy may allow a separating PBE to exist. We also study the case of three types and find different PBEs. The central issue of siting noxious facilities is that the host community absorbs potential costs, while all others can share the benefits without paying as much. The third chapter presents a modified Clarke mechanism to facilitate the siting decision, taking into account all residents' strategies. Suppose that the social planner is able to reasonably estimate the possible costs, depending on the host location, to each resident created by the facility. Our proposed Clarke mechanism is characterized by strategy-proofness and yields an efficient siting outcome. The issue of budget imbalance is mitigated when the compensation scheme is fully funded with the tax revenue based on the benefits. We then use a simple example to show that a weighted version of the Clarke mechanism may yield a different outcome. Advisors/Committee Members: Tideman, Thorwald Nicolaus (committeechair), Bahel, Eric A. (committeechair), Smith, Alexander Charles (committee member), Ball, Sheryl B. (committee member).

Subjects/Keywords: Election; Political Competition; Interest Group; Game Theory; Signaling Game; Collective Choice; Pivotal Mechanism; Perfect Bayesian Equilibrium

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APA (6^th Edition):

Yang, T. (2018). Essays on Applied Game Theory and Public Economics. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/82963

Chicago Manual of Style (16^th Edition):

Yang, Tsung-Han. “Essays on Applied Game Theory and Public Economics.” 2018. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/82963.

MLA Handbook (7^th Edition):

Yang, Tsung-Han. “Essays on Applied Game Theory and Public Economics.” 2018. Web. 06 Mar 2021.

Vancouver:

Yang T. Essays on Applied Game Theory and Public Economics. [Internet] [Doctoral dissertation]. Virginia Tech; 2018. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/82963.

Council of Science Editors:

Yang T. Essays on Applied Game Theory and Public Economics. [Doctoral Dissertation]. Virginia Tech; 2018. Available from: http://hdl.handle.net/10919/82963

Virginia Tech

9. Greene, Johnny Scott. Predicting nominal GNP and testing the variability of the domestic money stock against M1.

Degree: MA, Economics, 1977, Virginia Tech

URL: http://hdl.handle.net/10919/43246

► A proposal was made by Albert Burger and Anatol Balbach to measure the money stock by excluding foreign holdings of U. S. dollars. This… (more)

Subjects/Keywords: Money supply; LD5655.V855 1977.G734

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APA (6^th Edition):

Greene, J. S. (1977). Predicting nominal GNP and testing the variability of the domestic money stock against M1. (Masters Thesis). Virginia Tech. Retrieved from http://hdl.handle.net/10919/43246

Chicago Manual of Style (16^th Edition):

Greene, Johnny Scott. “Predicting nominal GNP and testing the variability of the domestic money stock against M1.” 1977. Masters Thesis, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/43246.

MLA Handbook (7^th Edition):

Greene, Johnny Scott. “Predicting nominal GNP and testing the variability of the domestic money stock against M1.” 1977. Web. 06 Mar 2021.

Vancouver:

Greene JS. Predicting nominal GNP and testing the variability of the domestic money stock against M1. [Internet] [Masters thesis]. Virginia Tech; 1977. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/43246.

Council of Science Editors:

Greene JS. Predicting nominal GNP and testing the variability of the domestic money stock against M1. [Masters Thesis]. Virginia Tech; 1977. Available from: http://hdl.handle.net/10919/43246

Virginia Tech

10. Roselle, Russell Paul. Rational Corporate Risk Management Policy: An Extension of Traditional Risk Management Theory to Incorporate Observed Managerial Behavior.

Degree: MA, Economics, 2006, Virginia Tech

URL: http://hdl.handle.net/10919/31910

► There is qualitative and anecdotal evidence that corporate management deviates from received risk management theory. These deviations include: an overall hesitancy to accept projects with… (more)

Subjects/Keywords: Corporate Risk Management; Return Requirements; Corporate Insurance and Hedging Policy; Corporate Capital Structure

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APA (6^th Edition):

Roselle, R. P. (2006). Rational Corporate Risk Management Policy: An Extension of Traditional Risk Management Theory to Incorporate Observed Managerial Behavior. (Masters Thesis). Virginia Tech. Retrieved from http://hdl.handle.net/10919/31910

Chicago Manual of Style (16^th Edition):

Roselle, Russell Paul. “Rational Corporate Risk Management Policy: An Extension of Traditional Risk Management Theory to Incorporate Observed Managerial Behavior.” 2006. Masters Thesis, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/31910.

MLA Handbook (7^th Edition):

Roselle, Russell Paul. “Rational Corporate Risk Management Policy: An Extension of Traditional Risk Management Theory to Incorporate Observed Managerial Behavior.” 2006. Web. 06 Mar 2021.

Vancouver:

Roselle RP. Rational Corporate Risk Management Policy: An Extension of Traditional Risk Management Theory to Incorporate Observed Managerial Behavior. [Internet] [Masters thesis]. Virginia Tech; 2006. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/31910.

Council of Science Editors:

Roselle RP. Rational Corporate Risk Management Policy: An Extension of Traditional Risk Management Theory to Incorporate Observed Managerial Behavior. [Masters Thesis]. Virginia Tech; 2006. Available from: http://hdl.handle.net/10919/31910

Virginia Tech

11. Shapiro, Bradley Thomas. Ability Tracking and Class Mobility in High School Mathematics: The Case of Low Achievers.

Degree: MS, Mathematics, 2009, Virginia Tech

URL: http://hdl.handle.net/10919/32393

► The goal of this paper is to evaluate commonly held criticisms of the practice of ability tracking in high school mathematics. To do so, I… (more)

Subjects/Keywords: Economics of Education; Secondary School Mathematics; Ability Tracking

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APA (6^th Edition):

Shapiro, B. T. (2009). Ability Tracking and Class Mobility in High School Mathematics: The Case of Low Achievers. (Masters Thesis). Virginia Tech. Retrieved from http://hdl.handle.net/10919/32393

Chicago Manual of Style (16^th Edition):

Shapiro, Bradley Thomas. “Ability Tracking and Class Mobility in High School Mathematics: The Case of Low Achievers.” 2009. Masters Thesis, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/32393.

MLA Handbook (7^th Edition):

Shapiro, Bradley Thomas. “Ability Tracking and Class Mobility in High School Mathematics: The Case of Low Achievers.” 2009. Web. 06 Mar 2021.

Vancouver:

Shapiro BT. Ability Tracking and Class Mobility in High School Mathematics: The Case of Low Achievers. [Internet] [Masters thesis]. Virginia Tech; 2009. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/32393.

Council of Science Editors:

Shapiro BT. Ability Tracking and Class Mobility in High School Mathematics: The Case of Low Achievers. [Masters Thesis]. Virginia Tech; 2009. Available from: http://hdl.handle.net/10919/32393

Virginia Tech

12. Nguyen, Binh Thanh. Studying the Elasticity of Taxable Income and Its Functional Form from the Taxpayer Compliance Perspective.

Degree: PhD, Economics, 2010, Virginia Tech

URL: http://hdl.handle.net/10919/37822

► The dissertation identifies and responds to two gaps in the current literature on the elasticity of taxable income (ETI). Firstly, there is a lack of… (more)

Subjects/Keywords: elasticity of taxable income; functional form

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APA (6^th Edition):

Nguyen, B. T. (2010). Studying the Elasticity of Taxable Income and Its Functional Form from the Taxpayer Compliance Perspective. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/37822

Chicago Manual of Style (16^th Edition):

Nguyen, Binh Thanh. “Studying the Elasticity of Taxable Income and Its Functional Form from the Taxpayer Compliance Perspective.” 2010. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/37822.

MLA Handbook (7^th Edition):

Nguyen, Binh Thanh. “Studying the Elasticity of Taxable Income and Its Functional Form from the Taxpayer Compliance Perspective.” 2010. Web. 06 Mar 2021.

Vancouver:

Nguyen BT. Studying the Elasticity of Taxable Income and Its Functional Form from the Taxpayer Compliance Perspective. [Internet] [Doctoral dissertation]. Virginia Tech; 2010. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/37822.

Council of Science Editors:

Nguyen BT. Studying the Elasticity of Taxable Income and Its Functional Form from the Taxpayer Compliance Perspective. [Doctoral Dissertation]. Virginia Tech; 2010. Available from: http://hdl.handle.net/10919/37822

Virginia Tech

13. Lee, Dongryul. Three Essays on Economic Agents' Incentives and Decision Making.

Degree: PhD, Economics, 2009, Virginia Tech

URL: http://hdl.handle.net/10919/27656

► This dissertation consists of three essays on theoretical analysis of economic agents' decision making and incentives. Chapter 1 gives an outline of the subjects to… (more)

▼ This dissertation consists of three essays on theoretical analysis of economic agents' decision making and incentives. Chapter 1 gives an outline of the subjects to be examined in the subsequent chapters and shows their conclusions in brief. Chapter 2 explores the decision problem of a superordinate (a principal) regarding whether to delegate its authority or right to make a decision to a subordinate (an agent) in an organization. We first study the optimal contracting problem of the superordinate that specifies the allocation of the authority and wage in a principal-agent setting with asymmetric information, focusing on two motives for delegation, "informative" and "effort-incentive-giving" delegation. Further, we suggest delegating to multiple agents as a way of addressing the asymmetric information problem within an organization, focusing on another motive for delegation, "strategic" delegation. Chapter 3 analyzes the behavior of players in a particular type of contest, called "the weakest-link contest". Unlike a usual contest in which the winning probability of a group in a contest depends on the sum of the efforts of all the players in the group, the weakest-link contest follows a different rule: the winning probability of a group is determined by the lowest effort of the players in the group. We first investigate the effort incentives of the players in the weakest-link contest, and then check whether the hungriest player in each group, who has the largest willingness to exert effort, has an incentive to incentivize the other players in his group in order to make them exert more effort. Chapter 4 examines the decision making of software programmers in the software industry between an open source software project and a commercial software project. Incorporating both intrinsic and extrinsic motivation on open source project participation into a stylized economic model based on utility theory, we study the decision problem of the programmers in the software industry and provide the rationale for open source project participation more clearly. Specifically, we examine the question of how the programmers' intrinsic motivation, extrinsic motivation, and abilities affect their project choices between an open source project and a commercial project, and effort incentives. Advisors/Committee Members: Haller, Hans H. (committeechair), Giles, Robert H. Jr. (committee member), Tideman, Thorwald Nicolaus (committee member), Kats, Amoz (committee member).

Subjects/Keywords: Open-source Projects; Intrinsic and Extrinsic Motivations; Public Goods; Delegation; Weakest-link Contests; Incentives; Information

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APA (6^th Edition):

Lee, D. (2009). Three Essays on Economic Agents' Incentives and Decision Making. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/27656

Chicago Manual of Style (16^th Edition):

Lee, Dongryul. “Three Essays on Economic Agents' Incentives and Decision Making.” 2009. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/27656.

MLA Handbook (7^th Edition):

Lee, Dongryul. “Three Essays on Economic Agents' Incentives and Decision Making.” 2009. Web. 06 Mar 2021.

Vancouver:

Lee D. Three Essays on Economic Agents' Incentives and Decision Making. [Internet] [Doctoral dissertation]. Virginia Tech; 2009. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/27656.

Council of Science Editors:

Lee D. Three Essays on Economic Agents' Incentives and Decision Making. [Doctoral Dissertation]. Virginia Tech; 2009. Available from: http://hdl.handle.net/10919/27656

Virginia Tech

14. Ghandi, Hojjatallah. Essays on Applied Microeconomic Theory.

Degree: PhD, Economics, 2009, Virginia Tech

URL: http://hdl.handle.net/10919/27736

► The first part of this dissertation investigates the possibility of an output cut by a firm as a result of an increase in demand in… (more)

▼ The first part of this dissertation investigates the possibility of an output cut by a firm as a result of an increase in demand in industries with constrained capacities. We are specially interested in the crude oil industry, although the paper has implications beyond that market. Two simple closely related models are developed. In both models a firm cuts the output at some point solely because of an increase in demand. We use this fact to explain the sharp decline of the crude oil prices in 1986. There are price and quantity hysteresis in the second model. The price hysteresis has two implications. First, the price path when the demand increases might be different from the price path when the demand decreases. This in turn implies that a temporary shock in the demand for (or supply of) crude oil can cause permanent changes in the price. We claim that the temporary changes in the supply of crude oil in 1973 resulted in the price hysteresis phenomenon described in the second model in such a way that it kept the prices high even after the return of the producers to the market. The second part investigates the relationship between the taste for public expenditure and the size and distribution of social groups in a society. Societies with ethnic heterogeneity spend less on redistribution and welfare programs and impose lower tax rates relative to homogeneous societies. We construct a theoretical model to explain these facts. There are two social groups in the model: a minority group and a majority group. When members of one group feel empathy for each other but not for members of the other group, then taxes, and redistribution depend upon the size and distribution of those groups. At first, the equilibrium tax rate and redistribution decrease as the size of the minority group increases from zero, then eventually, the relationship between them becomes positive. Advisors/Committee Members: Haller, Hans H. (committeechair), Kats, Amoz (committee member), Salehi-Isfahani, Djavad (committee member), Tideman, Thorwald Nicolaus (committee member).

Subjects/Keywords: Redistribution; Social Groups; Price Hysteresis; Constrained Capacity; Oil Market

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APA (6^th Edition):

Ghandi, H. (2009). Essays on Applied Microeconomic Theory. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/27736

Chicago Manual of Style (16^th Edition):

Ghandi, Hojjatallah. “Essays on Applied Microeconomic Theory.” 2009. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/27736.

MLA Handbook (7^th Edition):

Ghandi, Hojjatallah. “Essays on Applied Microeconomic Theory.” 2009. Web. 06 Mar 2021.

Vancouver:

Ghandi H. Essays on Applied Microeconomic Theory. [Internet] [Doctoral dissertation]. Virginia Tech; 2009. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/27736.

Council of Science Editors:

Ghandi H. Essays on Applied Microeconomic Theory. [Doctoral Dissertation]. Virginia Tech; 2009. Available from: http://hdl.handle.net/10919/27736

Virginia Tech

15. DiLorenzo, Thomas J. The role of special districts in the efficient provision of local public services.

Degree: PhD, Economics, 1979, Virginia Tech

URL: http://hdl.handle.net/10919/38680

Subjects/Keywords: Special districts; LD5655.V856 1979.D466

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

DiLorenzo, T. J. (1979). The role of special districts in the efficient provision of local public services. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/38680

Chicago Manual of Style (16^th Edition):

DiLorenzo, Thomas J. “The role of special districts in the efficient provision of local public services.” 1979. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/38680.

MLA Handbook (7^th Edition):

DiLorenzo, Thomas J. “The role of special districts in the efficient provision of local public services.” 1979. Web. 06 Mar 2021.

Vancouver:

DiLorenzo TJ. The role of special districts in the efficient provision of local public services. [Internet] [Doctoral dissertation]. Virginia Tech; 1979. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/38680.

Council of Science Editors:

DiLorenzo TJ. The role of special districts in the efficient provision of local public services. [Doctoral Dissertation]. Virginia Tech; 1979. Available from: http://hdl.handle.net/10919/38680

Virginia Tech

16. Gibbens, John Lawrence. William E. Hearn and classical political economy.

Degree: PhD, Economics, 1977, Virginia Tech

URL: http://hdl.handle.net/10919/26291

► PREFACE: Although his name is not familiar to today's student of economics. in his own lifetime William Edward Hearn's reputation as an economist stood high.… (more)

▼ PREFACE: Although his name is not familiar to today's student of economics. in his own lifetime William Edward Hearn's reputation as an economist stood high. In the last century Hearn's Plutology: Or the Theory of Efforts to Satisfy Human Wants, drew high and unqualified praise from W. S. Jevons, H. Sidgwick, A. Marshall, and F. J. Edgeworth. 1 And in the first part of this century the Plutology continued to be read respectfully – it was, praised by F. A. Hayek as late as 1936, for example. Admiration by economists of such stature in itself warrants an investigation of the Plutology-and that Hearn did respected work in related fields cannot but add interest ,to his work in political economy. Hearn enjoyed an international reputation, not only as an economist. but also as. a urist and as a political theorist. His Government of England, for example, was admired by Herbert Spencer and by A. C. Dicey. 'Hearn was no ordinary professor of .. supply and demand. It is therefore the purpose of this essay to disinter Hearn as a political economist and to relate his work in that field not only to his other work but also to prior and subsequent work of others in economics An appreciative understanding of the Plutology is not likely to come to one familiar with only modern economic analysis and its development. Chapter I of this study was therefore written to introduce the reader to Hearn as a "Smithian~ as opposed to a ~Ricardian" classical economist. Hearn's political economy, developed and written in the middle of the nineteenth century, brings out elements of the "Smithian" approach which were forgotten as neoclassicism stiffened into orthodoxy. In Chapter II. an account is given of Hearn's work and reputation. The respect which this remarkable man enjoyed and. the subsequent neglect which he suffered owe to an assemblage of circumstances. The novel design of the Plutology is explained in Chapter III. The merits of Hearn's approach are illustrated in his success at finding within his scheme a natural location for the most notable doctrines of the previous century of economic inquiry. In Chapter IV, some of Hearn's views on specific doctrines are presented. These. can be understood as contributions even by one whose sympathies lie largely with the orthodoxy. Although the main flow of economic thought has not been in the direction to which Hearn would have pointed, he was not completely uninfluential. In particular, there is evidence that both Marshall's Principles and Jevons' Theory would have been written differently had these two men not studied Hearn. This evidence is found in Chapter V. The "labor theory of value" has been the subject of such controversy that a separate chapter dealing with this topic is in order.· Chapter VI is an expansion of the implications of Hearn's restatement of what might be called the "Smithian labor theory of value." Chapter VII draws from Hearn's work in both analytical and historical jurisprudence for a theory of economic… Advisors/Committee Members: Buchanan, James M. (committeechair), Tideman, Thorwald Nicolaus (committee member), West, Edwin G. (committee member), Wagner, Richard E. (committee member), Staaf, Robert J. (committee member).

Subjects/Keywords: Economics; LD5655.V856 1977.G52

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APA (6^th Edition):

Gibbens, J. L. (1977). William E. Hearn and classical political economy. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/26291

Chicago Manual of Style (16^th Edition):

Gibbens, John Lawrence. “William E. Hearn and classical political economy.” 1977. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/26291.

MLA Handbook (7^th Edition):

Gibbens, John Lawrence. “William E. Hearn and classical political economy.” 1977. Web. 06 Mar 2021.

Vancouver:

Gibbens JL. William E. Hearn and classical political economy. [Internet] [Doctoral dissertation]. Virginia Tech; 1977. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/26291.

Council of Science Editors:

Gibbens JL. William E. Hearn and classical political economy. [Doctoral Dissertation]. Virginia Tech; 1977. Available from: http://hdl.handle.net/10919/26291

Virginia Tech

17. Arnold, Roger A. The efficiency properties of institutional evolution: with particular reference to the social-philosophical works of F.A. Hayek.

Degree: PhD, Economics, 1979, Virginia Tech

URL: http://hdl.handle.net/10919/37583

► Evolution, unhampered and unconstrained, does not always generate efficient and desirable institutional forms. The evolutionary process is just as likely to lead one to the… (more)

Subjects/Keywords: institution growth; LD5655.V856 1979.A76

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APA (6^th Edition):

Arnold, R. A. (1979). The efficiency properties of institutional evolution: with particular reference to the social-philosophical works of F.A. Hayek. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/37583

Chicago Manual of Style (16^th Edition):

Arnold, Roger A. “The efficiency properties of institutional evolution: with particular reference to the social-philosophical works of F.A. Hayek.” 1979. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/37583.

MLA Handbook (7^th Edition):

Arnold, Roger A. “The efficiency properties of institutional evolution: with particular reference to the social-philosophical works of F.A. Hayek.” 1979. Web. 06 Mar 2021.

Vancouver:

Arnold RA. The efficiency properties of institutional evolution: with particular reference to the social-philosophical works of F.A. Hayek. [Internet] [Doctoral dissertation]. Virginia Tech; 1979. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/37583.

Council of Science Editors:

Arnold RA. The efficiency properties of institutional evolution: with particular reference to the social-philosophical works of F.A. Hayek. [Doctoral Dissertation]. Virginia Tech; 1979. Available from: http://hdl.handle.net/10919/37583

Virginia Tech

18. Modarres-Mousavi, Shabnam. Methodological Foundations for Bounded Rationality as a Primary Framework.

Degree: PhD, Economics, 2002, Virginia Tech

URL: http://hdl.handle.net/10919/30225

► Experimental observations have shown that economic agents behave in ways different from the maximization of any utility function. Herbert Simon sought to deal with this… (more)

▼ Experimental observations have shown that economic agents behave in ways different from the maximization of any utility function. Herbert Simon sought to deal with this by positing that individuals do not maximize, but rather "satisfice." This was a radical departure from the traditional economic framework, and one that still has not been adequately formalized. But Simon's suggestion is only the smallest part of what is needed for a theory that reflects the actual behavior. For instance, Simon's framework cannot deal with the observation that the act of choice changes the chooser. This dissertation is further developing Simon's original ideas through embracing John Dewey's transactional thinking to attain an adequate theory of economic choice that accounts for boundedly rational agents. I clarify that substantive rationality and bounded (procedural) rationality share the same basic utilitarian assumption of predetermined goals. In terms of a Deweyan (transactional) analysis, the idea of utilitarian "optimization" ultimately guides and constrains both theories. But empirical study of choice behavior and the behavior of subjects in experimental laboratories, both indicate that neither substantive nor procedural rationality can effectively account for actual economic choices. I emphasize the importance of treating bounded rationality without reference to the rational framework. To me, bounded rationality implies a realistic picture of behavior, which is associated with emerging goals and not ones that exist prior to the making of a choice. I consider uncertainty as a normal characteristic of the situation, which in turn allows consideration of acting based on inconsistent information, just as people actually do. The basis of a systematic approach to behavior that can capture inconsistency is developed by Tom Burke. He mathematizes Dewey's logic. He allows for impossible worlds in the set of states. Thus, not only can the initial state space hold inconsistent states, the information set can include mutually inconsistent elements. So the current neoclassical paradigm resembles the representative realism, but is there any good reason why we should accept this methodology as economists? Whatever one's ultimate metaphysics and epistemology, I want to show that an alternative approach to economic decision-making may prove highly useful in theory and practice. Advisors/Committee Members: Tideman, Thorwald Nicolaus (committeechair), Spanos, Aris (committee member), Nakamoto, Kent (committee member), Garrison, James W. (committee member), Eckel, Catherine C. (committee member).

Subjects/Keywords: The Nature of Uncertainty; Bounded Rationality; Theory of Choice; Herbert Simon; John Dewey; Decision Making

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APA (6^th Edition):

Modarres-Mousavi, S. (2002). Methodological Foundations for Bounded Rationality as a Primary Framework. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/30225

Chicago Manual of Style (16^th Edition):

Modarres-Mousavi, Shabnam. “Methodological Foundations for Bounded Rationality as a Primary Framework.” 2002. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/30225.

MLA Handbook (7^th Edition):

Modarres-Mousavi, Shabnam. “Methodological Foundations for Bounded Rationality as a Primary Framework.” 2002. Web. 06 Mar 2021.

Vancouver:

Modarres-Mousavi S. Methodological Foundations for Bounded Rationality as a Primary Framework. [Internet] [Doctoral dissertation]. Virginia Tech; 2002. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/30225.

Council of Science Editors:

Modarres-Mousavi S. Methodological Foundations for Bounded Rationality as a Primary Framework. [Doctoral Dissertation]. Virginia Tech; 2002. Available from: http://hdl.handle.net/10919/30225

Virginia Tech

19. Sweetser, Wendell Edmund. An analysis of revenue sharing's performance in achieving its formula goals.

Degree: PhD, Economics, 1979, Virginia Tech

URL: http://hdl.handle.net/10919/38828

► The State and Local Fiscal Assistance Act of 1972, otherwise known as the revenue sharing act, distributes $30.2 billion to nearly 39,000 state and local… (more)

Subjects/Keywords: Revenue sharing; LD5655.V856 1979.S944

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APA (6^th Edition):

Sweetser, W. E. (1979). An analysis of revenue sharing's performance in achieving its formula goals. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/38828

Chicago Manual of Style (16^th Edition):

Sweetser, Wendell Edmund. “An analysis of revenue sharing's performance in achieving its formula goals.” 1979. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/38828.

MLA Handbook (7^th Edition):

Sweetser, Wendell Edmund. “An analysis of revenue sharing's performance in achieving its formula goals.” 1979. Web. 06 Mar 2021.

Vancouver:

Sweetser WE. An analysis of revenue sharing's performance in achieving its formula goals. [Internet] [Doctoral dissertation]. Virginia Tech; 1979. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/38828.

Council of Science Editors:

Sweetser WE. An analysis of revenue sharing's performance in achieving its formula goals. [Doctoral Dissertation]. Virginia Tech; 1979. Available from: http://hdl.handle.net/10919/38828

Virginia Tech

20. Plassmann, Florenz. The Impact of Two-Rate Taxes on Construction in Pennsylvania.

Degree: PhD, Economics, 1997, Virginia Tech

URL: http://hdl.handle.net/10919/30622

► The evaluation of policy-relevant economic research requires an ethical foundation. Classical liberal theory provides the requisite foundation for this dissertation, which uses various econometric tools… (more)

▼ The evaluation of policy-relevant economic research requires an ethical foundation. Classical liberal theory provides the requisite foundation for this dissertation, which uses various econometric tools to estimate the effects of shifting some of the property tax from buildings to land in 15 cities in Pennsylvania. Economic theory predicts that such a shift will lead to higher building activity. However, this prediction has been supported little by empirical evidence so far. The first part of the dissertation examines the effect of the land-building tax differential on the number of building permits that were issued in 219 municipalities in Pennsylvania between 1972 and 1994. For such count data a conventional analysis based on a continuous distribution leads to incorrect results; a discrete maximum likelihood analysis with a negative binomial distribution is more appropriate. Two models, a non-linear and a fixed effects model, are developed to examine the influence of the tax differential. Both models suggest that this influence is positive, albeit not statistically significant. Application of maximum likelihood techniques is computationally cumbersome if the assumed distribution of the data cannot be written in closed form. The negative binomial distribution is the only discrete distribution with a variance that is larger than its mean that can easily be applied, although it might not be the best approximation of the true distribution of the data. The second part of the dissertation uses a Markov Chain Monte Carlo method to examine the influence of the tax differential on the number of building permits, under the assumption that building permits are generated by a Poisson process whose parameter varies lognormally. Contrary to the analysis in the first part, the tax is shown to have a strong and significantly positive impact on the number of permits. The third part of the dissertation uses a fixed-effects weighted least squares method to estimate the effect of the tax differential on the value per building permit. The tax coefficient is not significantly different from zero. Still, the overall impact of the tax differential on the total value of construction is shown to be positive and statistically significant. Advisors/Committee Members: Tideman, Thorwald Nicolaus (committeechair), Snyder, Susan K. (committee member), Christman, John P. (committee member), Michalopoulos, Charles (committee member), Ashley, Richard A. (committee member).

Subjects/Keywords: Land Value Tax; Henry George; Gibbs Sampler; Count Data; Liberalism

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APA (6^th Edition):

Plassmann, F. (1997). The Impact of Two-Rate Taxes on Construction in Pennsylvania. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/30622

Chicago Manual of Style (16^th Edition):

Plassmann, Florenz. “The Impact of Two-Rate Taxes on Construction in Pennsylvania.” 1997. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/30622.

MLA Handbook (7^th Edition):

Plassmann, Florenz. “The Impact of Two-Rate Taxes on Construction in Pennsylvania.” 1997. Web. 06 Mar 2021.

Vancouver:

Plassmann F. The Impact of Two-Rate Taxes on Construction in Pennsylvania. [Internet] [Doctoral dissertation]. Virginia Tech; 1997. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/30622.

Council of Science Editors:

Plassmann F. The Impact of Two-Rate Taxes on Construction in Pennsylvania. [Doctoral Dissertation]. Virginia Tech; 1997. Available from: http://hdl.handle.net/10919/30622

Virginia Tech

21. Congleton, Roger D. The role of information in choice: toward an economic theory of knowledge and decision making.

Degree: PhD, Economics, 1978, Virginia Tech

URL: http://hdl.handle.net/10919/37572

Subjects/Keywords: decision making; LD5655.V856 1978.C655

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APA (6^th Edition):

Congleton, R. D. (1978). The role of information in choice: toward an economic theory of knowledge and decision making. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/37572

Chicago Manual of Style (16^th Edition):

Congleton, Roger D. “The role of information in choice: toward an economic theory of knowledge and decision making.” 1978. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/37572.

MLA Handbook (7^th Edition):

Congleton, Roger D. “The role of information in choice: toward an economic theory of knowledge and decision making.” 1978. Web. 06 Mar 2021.

Vancouver:

Congleton RD. The role of information in choice: toward an economic theory of knowledge and decision making. [Internet] [Doctoral dissertation]. Virginia Tech; 1978. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/37572.

Council of Science Editors:

Congleton RD. The role of information in choice: toward an economic theory of knowledge and decision making. [Doctoral Dissertation]. Virginia Tech; 1978. Available from: http://hdl.handle.net/10919/37572

Virginia Tech

22. Bowles, Robert. Essays in Public Education.

Degree: PhD, Economics, 1999, Virginia Tech

URL: http://hdl.handle.net/10919/26892

► Chapter 1 introduces some of the issues which are addressed in the other chapters of this dissertation. These topics include: (1) the general equilibrium incentives… (more)

▼ Chapter 1 introduces some of the issues which are addressed in the other chapters of this dissertation. These topics include: (1) the general equilibrium incentives in the provision of public education, (2) human capital production functions in economic modeling, (3) how public education spending may impact income inequality – both positively and negatively, (4) the effect on public education spending of changes in the college wage premium, and (5) the overall efficiency of government-supplied capital. Chapter 2 develops a public education system in which voters face general equilibrium incentives to pay taxes for education. Middle-aged voters can increase their returns to saving by increasing the aggregate amount of human capital in the economy. I find that if students differ by their ability to increase their human capital levels through schooling, then the public education policy will invest more education funds in more productive students; this perpetuates income inequality. Also, the greater the discount rate for consumption and the elasticity of education funds in the human capital production function, the more likely it is that a public system provides greater growth in the steady state than a private system. Chapter 3 studies the allocation of government spending between general tuition subsidies for college students and need-based aid which is directed solely towards students from low-income households. The way to maximize the number of students may be to provide some need-based aid. I find that government provides more aid directed to low-income students if need-based tuition subsidies are provided rather than student loan subsidies. I also look at the effects of changes in parameters, such as the cost of education and the college wage premium, on the policies. Chapter 4 investigates the returns to aggregate factors of production when labor is disaggregated by education level. I find that a model in which the error term is assumed to be state-wise heteroscedastic and autocorrelated does a better job of approximating the pattern of wages for the different education groups than other models (pooled OLS or random and fixed effects). In addition, this model suggests a significant positive elasticity for public capital. Advisors/Committee Members: Rosenthal, Stuart (committeechair), Murphy, Russell D. (committee member), Salehi-Isfahani, Djavad (committee member), Snyder, Susan K. (committee member), Tideman, Thorwald Nicolaus (committee member).

Subjects/Keywords: panel data; human capital; general equilibrium; educational finance; tuition subsidies

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APA (6^th Edition):

Bowles, R. (1999). Essays in Public Education. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/26892

Chicago Manual of Style (16^th Edition):

Bowles, Robert. “Essays in Public Education.” 1999. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/26892.

MLA Handbook (7^th Edition):

Bowles, Robert. “Essays in Public Education.” 1999. Web. 06 Mar 2021.

Vancouver:

Bowles R. Essays in Public Education. [Internet] [Doctoral dissertation]. Virginia Tech; 1999. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/26892.

Council of Science Editors:

Bowles R. Essays in Public Education. [Doctoral Dissertation]. Virginia Tech; 1999. Available from: http://hdl.handle.net/10919/26892

Virginia Tech

23. Phillips, Spencer R. Windfalls for Wilderness: Land Protection and Land Value in the Green Mountains.

Degree: PhD, Agricultural and Applied Economics, 2004, Virginia Tech

URL: http://hdl.handle.net/10919/11104

► Land is a composite good, the price of which varies with its characteristics, including proximity to amenities. Analysis of data from sales of land near… (more)

Subjects/Keywords: land prices; hedonic model; wilderness; conservation

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APA (6^th Edition):

Phillips, S. R. (2004). Windfalls for Wilderness: Land Protection and Land Value in the Green Mountains. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/11104

Chicago Manual of Style (16^th Edition):

Phillips, Spencer R. “Windfalls for Wilderness: Land Protection and Land Value in the Green Mountains.” 2004. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/11104.

MLA Handbook (7^th Edition):

Phillips, Spencer R. “Windfalls for Wilderness: Land Protection and Land Value in the Green Mountains.” 2004. Web. 06 Mar 2021.

Vancouver:

Phillips SR. Windfalls for Wilderness: Land Protection and Land Value in the Green Mountains. [Internet] [Doctoral dissertation]. Virginia Tech; 2004. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/11104.

Council of Science Editors:

Phillips SR. Windfalls for Wilderness: Land Protection and Land Value in the Green Mountains. [Doctoral Dissertation]. Virginia Tech; 2004. Available from: http://hdl.handle.net/10919/11104

Virginia Tech

24. Weaver, Carolyn L. The emergence, growth, and redirection of social security: an interpretive history from a public choice perspective.

Degree: PhD, Economics, 1977, Virginia Tech

URL: http://hdl.handle.net/10919/39311

► In an overall sense, the purpose of this study is to analyze and interpret, from a public choice perspective, the emergence, redirection, and growth of… (more)

Subjects/Keywords: social security plans; LD5655.V856 1977.W428

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Weaver, C. L. (1977). The emergence, growth, and redirection of social security: an interpretive history from a public choice perspective. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/39311

Chicago Manual of Style (16^th Edition):

Weaver, Carolyn L. “The emergence, growth, and redirection of social security: an interpretive history from a public choice perspective.” 1977. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/39311.

MLA Handbook (7^th Edition):

Weaver, Carolyn L. “The emergence, growth, and redirection of social security: an interpretive history from a public choice perspective.” 1977. Web. 06 Mar 2021.

Vancouver:

Weaver CL. The emergence, growth, and redirection of social security: an interpretive history from a public choice perspective. [Internet] [Doctoral dissertation]. Virginia Tech; 1977. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/39311.

Council of Science Editors:

Weaver CL. The emergence, growth, and redirection of social security: an interpretive history from a public choice perspective. [Doctoral Dissertation]. Virginia Tech; 1977. Available from: http://hdl.handle.net/10919/39311

Virginia Tech

25. Mohemkar-Kheirandish, Reza. Intra-Household Decision Making.

Degree: PhD, Economics, 2008, Virginia Tech

URL: http://hdl.handle.net/10919/29215

► This dissertation consists of three essays. In the first one (Chapter three), "Gains and Losses from Household Formation," I introduce a general equilibrium model, wherein… (more)

▼ This dissertation consists of three essays. In the first one (Chapter three), "Gains and Losses from Household Formation," I introduce a general equilibrium model, wherein a household may consist of more than one member, each with their own preferences and endowments. In these models at first, individuals form households. Then, collective decisions (or bargaining) within the household specifies the consumption plans of household members. Finally, competition across households determines a feasible allocation of resources. I consider a model with two types of individuals and pure group externalities. I investigate the competitive equilibrium allocation and stability of the equilibrium in that setting. Specifically, I show that under a certain set of assumptions a competitive equilibrium with free exit is also a competitive equilibrium with free household formation. Similar results are obtained for a special case of consumption externality. Illustrative examples, where prices may change as household structures change, are used to show how general equilibrium model with variable household structure works and some interesting results are discussed at the end of the first essay. In the second essay (Chapter four), “Effects of the Price System on Household Labor Supply,” I introduce leisure and labor into the two-type economy framework that was constructed in the first essay. The main objective of this essay is to investigate the effects of exogenous prices on the labor supply decisions, and completely analyze the partial equilibrium model outcomes in a two-type economy setting. I assume a wage gap and explore the effect of that gap on labor supply. The main content of the second essay is the analysis of the effect of change in wages, price of the private good, power of each individual in the household, relative importance of private consumption compared to leisure, and the level of altruism on individual's decisions about how much private good or leisure he/she wants to consume. The effect of a relative price change on labor supply, private consumption and utility level is also investigated. Moreover, one of the variations of Spence's signaling model is borrowed to explain why higher education of women in Iran does not necessarily translate into higher female labor force participation. Finally, fixed point theorem is used to calculate the power (or alternatively labor supply) of individuals in the household endogenously for the two-type economy with labor at the end of this essay. In the third essay (Chapter five), “Dynamics of Poverty in Iran: What Are the Determinants of the Probability of Being Poor?,” I explore the characteristics of the households who fall below the poverty line and stay there as well as those who climb up later. I decompose poverty in Iran into chronic and transient poverty, and investigate the relation of each component of poverty with certain characteristics of households. I also study mobility and the main characteristics of growth in expenditure of households. One of the main issues in… Advisors/Committee Members: Haller, Hans H. (committeechair), Salehi-Isfahani, Djavad (committee member), Kats, Amoz (committee member), Tideman, Thorwald Nicolaus (committee member), Gilles, Robert P. (committee member).

Subjects/Keywords: Mobility; Transition Matrix; Externality; Household; Decision Making; Labor Supply; Equilibrium; Stability; Poverty; Private Consumption; Labor Force Participation rate; Chronically Poor; Transitory Poor; Dynamics; Two-type economy

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Mohemkar-Kheirandish, R. (2008). Intra-Household Decision Making. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/29215

Chicago Manual of Style (16^th Edition):

Mohemkar-Kheirandish, Reza. “Intra-Household Decision Making.” 2008. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/29215.

MLA Handbook (7^th Edition):

Mohemkar-Kheirandish, Reza. “Intra-Household Decision Making.” 2008. Web. 06 Mar 2021.

Vancouver:

Mohemkar-Kheirandish R. Intra-Household Decision Making. [Internet] [Doctoral dissertation]. Virginia Tech; 2008. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/29215.

Council of Science Editors:

Mohemkar-Kheirandish R. Intra-Household Decision Making. [Doctoral Dissertation]. Virginia Tech; 2008. Available from: http://hdl.handle.net/10919/29215

Virginia Tech

26. Frizell, Julie Dolan. The Causes and Effects of Commercial Bank Participation in the Federal Home Loan Bank System.

Degree: PhD, Economics, 2002, Virginia Tech

URL: http://hdl.handle.net/10919/29347

► The 1990s saw significant increases in commercial bank membership in the Federal Home Loan Bank (FHLB) System and extensive growths in FHLB assets and outstanding… (more)

Subjects/Keywords: bank performance; local markets; government-sponsored enterprises; small banks

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Frizell, J. D. (2002). The Causes and Effects of Commercial Bank Participation in the Federal Home Loan Bank System. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/29347

Chicago Manual of Style (16^th Edition):

Frizell, Julie Dolan. “The Causes and Effects of Commercial Bank Participation in the Federal Home Loan Bank System.” 2002. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/29347.

MLA Handbook (7^th Edition):

Frizell, Julie Dolan. “The Causes and Effects of Commercial Bank Participation in the Federal Home Loan Bank System.” 2002. Web. 06 Mar 2021.

Vancouver:

Frizell JD. The Causes and Effects of Commercial Bank Participation in the Federal Home Loan Bank System. [Internet] [Doctoral dissertation]. Virginia Tech; 2002. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/29347.

Council of Science Editors:

Frizell JD. The Causes and Effects of Commercial Bank Participation in the Federal Home Loan Bank System. [Doctoral Dissertation]. Virginia Tech; 2002. Available from: http://hdl.handle.net/10919/29347

Virginia Tech

27. McEntarfer, Erika L. Three Essays on Social Networks in Labor Markets.

Degree: PhD, Economics, 2002, Virginia Tech

URL: http://hdl.handle.net/10919/29531

► This dissertation consists of three essays examining the important role of job connections, references, and word of mouth information in labor markets. The first essay… (more)

▼ This dissertation consists of three essays examining the important role of job connections, references, and word of mouth information in labor markets. The first essay examines the importance of job connections for internal migrants. In this chapter, I develop a theoretical model where labor market networks provide labor market information with less noise than information obtained in the formal market. This model predicts lower initial wages and greater wage growth after migration for migrants without contacts. I then use data from the National Longitudinal Study of Youth (NLSY) to examine whether migrants who used social connections when finding their first job assimilate faster in the new region. Consistent with the theoretical model, I find that migrants who did not use social connections take longer to assimilate in the new region. The second essay models how screening workers through social networks impacts labor mobility in markets with adverse selection. When there is asymmetric information in labor markets, worker mobility is constrained by adverse selection in the market for experienced workers. However, if workers can acquire references through their social networks then they can move more easily between jobs. In this chapter I develop a simple labor market model in which workers can learn the productivity of other workers through social interaction. I show that networks increase wages and mobility of high-productivity experienced workers; however, networks discourage workers from accepting jobs outside their job-contact network, because of adverse selection. The third essay in this dissertation examines the importance of social networks in labor markets when work is produced jointly. Most employers cite poor attitude and poor fit with firm culture as their greatest problems in recruiting employees, rating these factors more important than skill. This is easily explained when the output of the firm requires that workers engage in work together. In this essay, I explain why it might be rational for firms to hire through social networks even when worker skill is observed perfectly, if these workers are better able to do joint work with the firm s existing employees. Advisors/Committee Members: Tideman, Thorwald Nicolaus (committeechair), Ashley, Richard A. (committee member), Murphy, Russell D. (committee member), Lutz, Nancy A. (committee member), Gilles, Robert P. (committee member).

Subjects/Keywords: Migration; Social Networks; Labor Mobility

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

McEntarfer, E. L. (2002). Three Essays on Social Networks in Labor Markets. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/29531

Chicago Manual of Style (16^th Edition):

McEntarfer, Erika L. “Three Essays on Social Networks in Labor Markets.” 2002. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/29531.

MLA Handbook (7^th Edition):

McEntarfer, Erika L. “Three Essays on Social Networks in Labor Markets.” 2002. Web. 06 Mar 2021.

Vancouver:

McEntarfer EL. Three Essays on Social Networks in Labor Markets. [Internet] [Doctoral dissertation]. Virginia Tech; 2002. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/29531.

Council of Science Editors:

McEntarfer EL. Three Essays on Social Networks in Labor Markets. [Doctoral Dissertation]. Virginia Tech; 2002. Available from: http://hdl.handle.net/10919/29531

Virginia Tech

28. Ameen, Farhad. The economics of the Grameen Bank.

Degree: PhD, Economics, 1996, Virginia Tech

URL: http://hdl.handle.net/10919/37956

► The Grameen Bank has improved the lives of several million poor people in rural Bangladesh by providing them with credit. Using an innovative group lending… (more)

Subjects/Keywords: Grameen Bank; development; credit; group lending; LD5655.V856 1996.A466

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Ameen, F. (1996). The economics of the Grameen Bank. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/37956

Chicago Manual of Style (16^th Edition):

Ameen, Farhad. “The economics of the Grameen Bank.” 1996. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/37956.

MLA Handbook (7^th Edition):

Ameen, Farhad. “The economics of the Grameen Bank.” 1996. Web. 06 Mar 2021.

Vancouver:

Ameen F. The economics of the Grameen Bank. [Internet] [Doctoral dissertation]. Virginia Tech; 1996. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/37956.

Council of Science Editors:

Ameen F. The economics of the Grameen Bank. [Doctoral Dissertation]. Virginia Tech; 1996. Available from: http://hdl.handle.net/10919/37956

Virginia Tech

29. Chou, Teyu. Essays on intellectual property rights and product differentiation.

Degree: PhD, Economics, 1996, Virginia Tech

URL: http://hdl.handle.net/10919/40318

Subjects/Keywords: patent breadth; imperfect patent protection; product differentiation; LD5655.V856 1996.C468

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Chou, T. (1996). Essays on intellectual property rights and product differentiation. (Doctoral Dissertation). Virginia Tech. Retrieved from http://hdl.handle.net/10919/40318

Chicago Manual of Style (16^th Edition):

Chou, Teyu. “Essays on intellectual property rights and product differentiation.” 1996. Doctoral Dissertation, Virginia Tech. Accessed March 06, 2021. http://hdl.handle.net/10919/40318.

MLA Handbook (7^th Edition):

Chou, Teyu. “Essays on intellectual property rights and product differentiation.” 1996. Web. 06 Mar 2021.

Vancouver:

Chou T. Essays on intellectual property rights and product differentiation. [Internet] [Doctoral dissertation]. Virginia Tech; 1996. [cited 2021 Mar 06]. Available from: http://hdl.handle.net/10919/40318.

Council of Science Editors:

Chou T. Essays on intellectual property rights and product differentiation. [Doctoral Dissertation]. Virginia Tech; 1996. Available from: http://hdl.handle.net/10919/40318

Open Access Theses and Dissertations