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Valuation of Cryptocurrency Without Intrinsic Value: A Promise of Future Payment System and Implications to De-dollarization 没有内在价值的加密货币估值:未来支付系统的承诺及其对去美元化的影响
IF 1.1
Eastern Economic Journal Pub Date : 2023-01-21 DOI: 10.1057/s41302-023-00237-2
Garrison Hongyu Song
{"title":"Valuation of Cryptocurrency Without Intrinsic Value: A Promise of Future Payment System and Implications to De-dollarization","authors":"Garrison Hongyu Song","doi":"10.1057/s41302-023-00237-2","DOIUrl":"https://doi.org/10.1057/s41302-023-00237-2","url":null,"abstract":"","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.1,"publicationDate":"2023-01-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45854538","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Eliminating Environmental Costs to Proof-of-Work-Based Cryptocurrencies: A Proposal 消除基于工作证明的加密货币的环境成本：一项建议
IF 1.1
Eastern Economic Journal Pub Date : 2023-01-20 DOI: 10.1057/s41302-023-00235-4
Gabriel P. Mathy
{"title":"Eliminating Environmental Costs to Proof-of-Work-Based Cryptocurrencies: A Proposal","authors":"Gabriel P. Mathy","doi":"10.1057/s41302-023-00235-4","DOIUrl":"https://doi.org/10.1057/s41302-023-00235-4","url":null,"abstract":"","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.1,"publicationDate":"2023-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43932728","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
The FDIC Challenge in the Economics Curriculum. FDIC在经济学课程中的挑战。
IF 1.1
Eastern Economic Journal Pub Date : 2023-01-01 DOI: 10.1057/s41302-022-00228-9
Léonie Stone
{"title":"The FDIC Challenge in the Economics Curriculum.","authors":"Léonie Stone","doi":"10.1057/s41302-022-00228-9","DOIUrl":"https://doi.org/10.1057/s41302-022-00228-9","url":null,"abstract":"","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.1,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9638358/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"10417938","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Local and Aggregated Impacts of Stay-at-Home Orders on State Level Unemployment Outcomes. 留在家中的命令对州一级失业结果的地方和综合影响》（The Local and Aggregated Impacts of Stay-at-Home Orders on State Level Unemployment Outcomes）。
IF 1.1
Eastern Economic Journal Pub Date : 2023-01-01 Epub Date: 2023-03-22 DOI: 10.1057/s41302-023-00243-4
Allen Bellas, Lea-Rachel Kosnik
{"title":"The Local and Aggregated Impacts of Stay-at-Home Orders on State Level Unemployment Outcomes.","authors":"Allen Bellas, Lea-Rachel Kosnik","doi":"10.1057/s41302-023-00243-4","DOIUrl":"10.1057/s41302-023-00243-4","url":null,"abstract":"<p><p>Initial research on the effect of pandemic related stay-at-home orders (SAHO) on subsequent US state unemployment rates found inconclusive results regarding the magnitude of the effect. This research helps to clarify the debate, finding that while own-state SAHOs affected unemployment outcomes, it was actually the <i>national</i> level of SAHO implementation across the country that had an even greater impact. While these results do not offer direct guidance on when or whether SAHOs should have been issued in any given state, they do help to clarify the impact of SAHOs on various measures of US unemployment.</p><p><strong>Supplementary information: </strong>The online version contains supplementary material available at 10.1057/s41302-023-00243-4.</p>","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.1,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10031179/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9304962","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A Flipped Classroom Experiment in Growth Theory. 成长理论的翻转课堂实验。
IF 1.1
Eastern Economic Journal Pub Date : 2023-01-01 Epub Date: 2023-05-18 DOI: 10.1057/s41302-023-00252-3
Peter Mikek
{"title":"A Flipped Classroom Experiment in Growth Theory.","authors":"Peter Mikek","doi":"10.1057/s41302-023-00252-3","DOIUrl":"10.1057/s41302-023-00252-3","url":null,"abstract":"<p><p>This study utilizes a classroom experiment to determine the effectiveness of the flipped classroom in a growth theory module of intermediate macroeconomics. We compare the performance of small section flipped groups to control groups at a liberal arts college. The treatment groups watched growth lecture videos before class, while the control groups followed a traditional lecture format. The results provide no evidence of superior performance by the treatment sections. They show that the main determinant of a student's performance is high school quality. The careful preparation to minimize differences across students from different socio-economic backgrounds is essential.</p>","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.1,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10192779/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9570690","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Online Interactive Pedagogical Tools for the Principles of Microeconomics Curriculum. 微观经济学原理课程的在线互动教学工具。
IF 1.1
Eastern Economic Journal Pub Date : 2023-01-01 DOI: 10.1057/s41302-022-00230-1
Amy Ehinomen Eremionkhale, Mya Eveland, Shelby Frost, J Todd Swarthout
{"title":"Online Interactive Pedagogical Tools for the Principles of Microeconomics Curriculum.","authors":"Amy Ehinomen Eremionkhale,&nbsp;Mya Eveland,&nbsp;Shelby Frost,&nbsp;J Todd Swarthout","doi":"10.1057/s41302-022-00230-1","DOIUrl":"https://doi.org/10.1057/s41302-022-00230-1","url":null,"abstract":"<p><p>We discuss over one hundred interactive learning tools that we created and piloted in introductory open-education (OER) microeconomics classes. These interactive tools cover a wide range of microeconomics topics. They are highly randomized so that the presented scenario and correct answers are different on each usage of a tool, which not only provides students with unlimited practice attempts, but also significantly reduces the possibility of cheating by sharing answers. These tools can be uploaded into most learning management systems, and scores are automatically recorded. Student feedback is positive. The tools are available to others at no monetary cost at http://econreimagined.gsu.edu.</p>","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.1,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9616432/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"10412963","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Econ-assessments.org: Automated Assessment of Economics Skills. Econ-assessments.org：经济学技能自动评估。
IF 1.1
Eastern Economic Journal Pub Date : 2023-01-01 Epub Date: 2022-10-27 DOI: 10.1057/s41302-022-00229-8
Douglas McKee, Steven Zhu, George Orlov
{"title":"Econ-assessments.org: Automated Assessment of Economics Skills.","authors":"Douglas McKee, Steven Zhu, George Orlov","doi":"10.1057/s41302-022-00229-8","DOIUrl":"10.1057/s41302-022-00229-8","url":null,"abstract":"<p><p>Standard assessments can give instructors reliable objective measures of student skills at the beginning and end of a term. We describe seven standard assessments that we have developed for commonly taught economics courses, and introduce a new website, econ-assessments.org, that allows instructors worldwide to set up any of our assessments for their students. Instructors get a link to their chosen assessment that can be shared with students, and students take the timed assessment when they follow the link. At the end of the test-taking period, instructors receive a report that summarizes performance in aggregate and by learning goal.</p>","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.1,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9610304/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"10412551","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Social Disparities and Social Distancing During the Covid Pandemic. Covid大流行期间的社会差异和社会距离。
IF 1.1
Eastern Economic Journal Pub Date : 2023-01-01 DOI: 10.1057/s41302-023-00241-6
Lewis Davis, Justin Esposito
{"title":"Social Disparities and Social Distancing During the Covid Pandemic.","authors":"Lewis Davis,&nbsp;Justin Esposito","doi":"10.1057/s41302-023-00241-6","DOIUrl":"https://doi.org/10.1057/s41302-023-00241-6","url":null,"abstract":"<p><p>According to Putnam (2000) and Bourdieu (1986), social disparities may result in the formation of narrow social bonds that exacerbate existing social cleavages and impede collective action. Motivated by this insight, we examine the relationship between social disparities and social distancing during the pre-vaccine Covid pandemic in the US. Using a panel of weekly, county-level observations, we find that income, educational and racial disparities are associated with a statistically significant decrease in the social distancing. This result is robust to controls for a wide variety of socioeconomic variables, the Covid infection rate, and a measure of social capital.</p>","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.1,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10010227/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9297839","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Shadow Banks and the Collateral Multiplier. 影子银行和抵押品乘数。
IF 1.1
Eastern Economic Journal Pub Date : 2023-01-01 DOI: 10.1057/s41302-022-00224-z
Thomas Michl, Hyun Woong Park
{"title":"Shadow Banks and the Collateral Multiplier.","authors":"Thomas Michl,&nbsp;Hyun Woong Park","doi":"10.1057/s41302-022-00224-z","DOIUrl":"https://doi.org/10.1057/s41302-022-00224-z","url":null,"abstract":"<p><p>With an emphasis on contributing to macroeconomic pedagogy, we examine the collateral multiplier by comparing it to the traditional money multiplier in a simplified framework of traditional banking and shadow banking in which government bonds are the core assets. While the money multiplier is a measure of the ability of the banking system to intermediate sovereign debt by creating deposits, the collateral multiplier is a measure of the shadow banking system's ability to intermediate sovereign debt by creating shadow money. It also measures the degree of reuse of sovereign debt as collateral. In this setup, the collateral multiplier is defined as the ratio between dealer banks' matched book repo activity relative to their trading book. Using the New York Fed's Primary Dealer Statistics data, we empirically estimate the collateral multiplier for US Treasury repo collateral. Our model and empirical results shed light on the transmission mechanisms of monetary policy channeled through shadow banks and on the US Treasuries market turmoil induced by COVID-19 in March 2020.</p>","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.1,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9294781/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9278836","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Engaging Students, Faculty, and External Professionals with a Data-Centered Group Capstone Project. 让学生、教师和外部专业人员参与以数据为中心的团队顶点项目。
IF 1.1
Eastern Economic Journal Pub Date : 2023-01-01 Epub Date: 2023-05-19 DOI: 10.1057/s41302-023-00251-4
Andre R Neveu, Angela M Smith
{"title":"Engaging Students, Faculty, and External Professionals with a Data-Centered Group Capstone Project.","authors":"Andre R Neveu,&nbsp;Angela M Smith","doi":"10.1057/s41302-023-00251-4","DOIUrl":"10.1057/s41302-023-00251-4","url":null,"abstract":"<p><p>This paper presents the rationale and structure for a data-centered capstone project that provides an engaging and effective learning experience for students. Groups of students both select topics and self-direct research. Students are responsible for collecting, analyzing, and presenting data in both written and verbal forms. The project cultivates the ability to work as a team, communicate effectively, and explore and interpret data. We describe a method for involving external stakeholders including alumni, Executive Advisory Board members, or community business professionals. Extensive flexibility of the project allows variability in the conceptual focus, types of deliverables, and the mode of delivery.</p>","PeriodicalId":45363,"journal":{"name":"Eastern Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.1,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10196284/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9570683","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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