Craig McFarland, Peter A. Groothuis, Dennis Guignet
{"title":"The role of football win percentage on college applications for Power Five and Group of Five schools","authors":"Craig McFarland, Peter A. Groothuis, Dennis Guignet","doi":"10.1111/coep.12642","DOIUrl":"10.1111/coep.12642","url":null,"abstract":"<p>Investing in athletics is one approach that universities have taken to better appeal to potential students. We analyze whether football success, as measured by win percentage, is correlated with a higher number of student applicants. We find that for schools in the major “Power-Five” conferences, win percentage does not significantly change the number of students who apply. However, in the smaller “Group-of-Five” conferences, win percentage is associated with an increase in the number of applications. This is a particularly relevant finding because smaller universities may often be the ones struggling to maintain the size of their student body.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 3","pages":"474-482"},"PeriodicalIF":1.7,"publicationDate":"2024-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/coep.12642","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140301874","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Income inequality and party alternation: State-level evidence from the United States","authors":"Peter Calcagno, Alexander Marsella, Yang Zhou","doi":"10.1111/coep.12641","DOIUrl":"10.1111/coep.12641","url":null,"abstract":"<p>Using multiple measures of income inequality and political party alternation for US states we examine panel data from 1971 to 2015 to test whether income inequality affects party alternation for governors. We test various measures of party alternation at the state level. The evidence suggests that income inequality increases party alternation and has a nonlinear relationship with gubernatorial-party alternation. Income inequality backlash is more evident for Republicans and favors Democrats when inequality is high, with the opposite being true. Results vary with the choice of inequality and party alternation measures, which suggests income inequality for states should be further examined.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 2","pages":"355-374"},"PeriodicalIF":1.5,"publicationDate":"2024-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139903631","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Gender equity and male and female smoking behavior","authors":"William Jergins","doi":"10.1111/coep.12640","DOIUrl":"10.1111/coep.12640","url":null,"abstract":"<p>We document a positive relationship between culturally inherited beliefs about gender equity and female smoking, using data on first and second-generation immigrants living in the United States. We find that a one standard deviation increase in our measure of gender equity is associated with an increase in the probability that a female immigrant smokes of approximately 1.4 and 1.8 percentage points or 23% and 20% for first and second-generation immigrants respectively. As male smoking behavior is largely unaffected by gender equality, we find that gender equity tends to reduce the size of the gender gap in smoking.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 3","pages":"448-473"},"PeriodicalIF":1.7,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139680290","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Spillover between Medicare and Medicaid: Evidence from decreasing physician reimbursements","authors":"Kole Reddig","doi":"10.1111/coep.12639","DOIUrl":"10.1111/coep.12639","url":null,"abstract":"<p>This paper studies the effect of large changes in Medicaid reimbursement rates on the quantity of care supplied to Medicare beneficiaries. In 2015, the payment parity provision of the Affordable Care Act ended, causing widespread decreases in reimbursements to primary care providers for Medicaid services. Difference-in-differences and triple-differences model estimates show that decreasing physician payments for Medicaid caused a small increase in the number of services provided to Medicare beneficiaries. I explore the mechanisms driving this result, giving context and insight into some current puzzles regarding the effects of the ACA's Medicaid expansion.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 2","pages":"223-236"},"PeriodicalIF":1.5,"publicationDate":"2024-01-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139585205","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Deborah M. Weiss, Matthew L. Spitzer, Colton Cronin, Neil Chin
{"title":"Why college majors and selectivity matter: Major groupings, occupation specificity, and job skills","authors":"Deborah M. Weiss, Matthew L. Spitzer, Colton Cronin, Neil Chin","doi":"10.1111/coep.12634","DOIUrl":"10.1111/coep.12634","url":null,"abstract":"<p>We provide new approaches to examining the returns to college majors and institutional selectivity. Using unique resume data, we devise new groupings of majors and use these to construct five measures that characterize majors. Applying these measures to the National Survey of College Graduates, we find that majors that lead to jobs that are math-intensive or writing-intensive have higher earnings and also a higher return to selectivity. Majors that are occupationally specific also have higher earnings but have a lower return to institutional selectivity. We find that the value of selectivity relative to major increases as selectivity rises.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 2","pages":"278-304"},"PeriodicalIF":1.5,"publicationDate":"2024-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/coep.12634","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139420888","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Does membership of the EMU matter for economic and financial outcomes?","authors":"Omid M. Ardakani, N. Kundan Kishor, Suyong Song","doi":"10.1111/coep.12638","DOIUrl":"10.1111/coep.12638","url":null,"abstract":"<p>This study examines the effects of joining the European Monetary Union (EMU) using propensity score matching to address self-selection bias. Findings indicate that EMU membership leads to reduced volatility in inflation, output growth, and bond yields. However, it also reveals fiscal deterioration in member states during the pre-financial crisis period, even excluding Greece, Ireland, Portugal, and Spain. These countries experienced favorable bond market conditions pre-crisis. The study underscores varying EMU effectiveness across different periods and countries, emphasizing the importance for policymakers to consider these variations when adopting EMU strategies.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 3","pages":"416-447"},"PeriodicalIF":1.7,"publicationDate":"2024-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139420895","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Peter Calcagno, Beatriz Maldonado, Todd Nesbit, Mary Frances Zeager
{"title":"Political systems, regime memory, and economic freedom","authors":"Peter Calcagno, Beatriz Maldonado, Todd Nesbit, Mary Frances Zeager","doi":"10.1111/coep.12635","DOIUrl":"10.1111/coep.12635","url":null,"abstract":"<p>We expand on the economic research about regime types, culture, institutions, and economic freedom, with the development of a unique measure of regime memory and examine the generational effect of past regimes on a country's level of economic freedom. Using a panel of 144 countries between 1970 and 2015 we follow the literature and argue that institutions can be fast and slow-moving. We find evidence that regime memory promotes improvements in (discourages) economic freedom for countries that are historically democratic (autocratic).</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 2","pages":"336-354"},"PeriodicalIF":1.5,"publicationDate":"2024-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/coep.12635","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139373868","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Craig Wesley Carpenter, Kristopher Deming, John Anders, Michael Lotspeich-Yadao, Charles M. Tolbert, Adam Ingrao
{"title":"Do payday lending bans protect or constrain regional economies? Evidence from the Military Lending Act's final rule","authors":"Craig Wesley Carpenter, Kristopher Deming, John Anders, Michael Lotspeich-Yadao, Charles M. Tolbert, Adam Ingrao","doi":"10.1111/coep.12636","DOIUrl":"10.1111/coep.12636","url":null,"abstract":"<p>The 2007 Military Lending Act attempted to ban high-interest loans to U.S. military members and the 2017 “Final Rule” further restricted access, causing regional shocks in payday lending exposure in counties with a military base. Difference-in-differences and dynamic estimators provide mixed evidence on the effect of this payday lending access shock on regional economic outcomes and local business outcomes. However, we consistently find statistically significant reduced entry and exit of firms. Given payday lenders congregate around low-income and minoritized populations analogously to how they congregated around military bases, these results provide policy implications for more general usury bans.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 2","pages":"319-335"},"PeriodicalIF":1.5,"publicationDate":"2023-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/coep.12636","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139071910","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Making the grade: The effect of teacher grading standards on student outcomes","authors":"Seth Gershenson, Stephen B. Holt, Adam Tyner","doi":"10.1111/coep.12637","DOIUrl":"10.1111/coep.12637","url":null,"abstract":"<p>One mechanism by which teachers might affect student learning is through the grading standards they set for their classrooms. However, the effects of grading standards on student outcomes are understudied. Using administrative data that links individual students and teachers in Algebra I classrooms from 2006 to 2016, we examine the effects of teachers' grading standards on student learning and attendance. High teacher grading standards increase both contemporaneous student achievement in Algebra I and performance in subsequent math classes. Heterogeneity analyses find that these impacts are positive and similar in size for students of different backgrounds, aptitudes, and school contexts.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 2","pages":"305-318"},"PeriodicalIF":1.5,"publicationDate":"2023-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139071547","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Christopher D. Blake, Danna Kang Thomas, Joshua Hess
{"title":"Higher education: The impact of recreational marijuana on college applications","authors":"Christopher D. Blake, Danna Kang Thomas, Joshua Hess","doi":"10.1111/coep.12633","DOIUrl":"10.1111/coep.12633","url":null,"abstract":"<p>Using a two-way fixed effects difference-in-differences model, we investigate the effects of local recreational marijuana (RMJ) policy changes on college applications and find that the three largest state public schools reaped, on average, an almost 54% increase in applications. This increase does not appear to come solely from low-ability students as both first and third quartiles of admitted student composite SAT scores to the largest three public schools do not decrease. Rather, they both increase by almost 3.8% though these estimates are not statistically significant. Robust difference-in-difference and event study models support the signs and magnitudes of these gains and show they diminish over time.</p>","PeriodicalId":47364,"journal":{"name":"Contemporary Economic Policy","volume":"42 2","pages":"259-277"},"PeriodicalIF":1.5,"publicationDate":"2023-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138559561","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}