Economics of Gender and Work

The department of Economics is highlighting this course, Economics of Gender and Work, in the Fall 2014 semester. In Econ 355, you will learn how to use economic analysis to understand demographic trends and the impact of (changing) gender roles on educational choice, labor market participation and the division of labor within the household, earnings, and market discrimination. We will also conduct international comparisons. (Same as WGST 355.)

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2014 Economics Brownbag Seminars

2014 Economics Brownbag Seminars

Thursday, March 6
Time: 10:00-11:00am
Place: SGMH 3333
Speaker: Justin Jarvis
Title: “Individual Determinants of Homelessness: A Revealed Preference Approach”

Abstract:
I will investigate how a homeless person’s intensity of homelessness is predicted by the individual’s discount rate and risk tolerances. I will construct a data set by interviewing all street homeless individuals in Costa Mesa, a population of approximately 180 people. During that interview, I will use a self-reported homeless history to construct a Homelessness Intensity Measure, a continuous variable from 0 to 1 in which 0 indicates someone who is not homeless and 1 indicates an individual who is intensely homeless (every single night is spent on the streets). I will have all individuals play two games: 1) A discount rate game in which they will be coded as either “patient” or “impatient” according to their decision to receive either a small payment now or a larger payment at a later date, and 2) A risk-tolerance game in which they are coded as being either “risk loving” or “risk averse” in accordance with their decision to play either a risky gamble or a safe gamble (both options will have the same expected payout but differing variances). Participants will get to keep the money used in these games.
I posit that an increase in impatience, and an increase in riskiness are both associated with an increase in the individual’s Homelessness Intensity Measure. I will fit an econometric model that regresses the individual’s Homelessness Intensity Measure on the risk and discount dummies mentioned above, as well as on demographic and social controls, in order to test my hypothesis.

Friday, March 14
Time: 10:00-11:00am
Place: SGMH 3333
Speaker: Daniel Cavagnaro
Title: “Optimal stimuli for testing behavioral choice models: An adaptive approach”
Abstract:
Collecting data to test models of decision making requires stimuli to be presented to decision makers. While models aim to predict choices across a wide range of stimuli, practical limitations force experimenters to select only a handful for actual testing. Some stimuli tend to be much more diagnostic than others, so the selection of optimal stimuli is crucial to the success of an experiment. In this talk, I will present an Adaptive Design Optimization approach to the selection of decision stimuli, which is very general in its application. The foundation of the approach is Bayesian, so it involves a precise statement about the value of information, and it adapts the stimulus in each experimental trial based on the results of preceding trials. I will provide a theoretical framework for the approach and demonstrate its application in empirical studies of risky choice and temporal discounting.

Friday, April 11
Time: 10:00-11:00am
Place: SGMH 3333
Speaker: Gabriela Best
Title: “In what sense is monetary policy forward looking?”
Abstract:
This paper extends a standard New Keynesian model by introducing anticipated shocks to inflation, output, and interest rates, and by incorporating forward-looking monetary policy. The latter aspect is modeled through the presence of an expected future interest rate term in the Taylor rule that recent literature has found to be economically and statistically important in a variety of settings without anticipated shocks. Using Bayesian econometric methods, we find that the presence of anticipated shocks improves the model’s fit to U.S. data but reduces the Fed’s implied forecast-targeting horizon from about 2 quarters to 1 month or less. Our results suggests that, although communicating its intentions regarding future monetary policy conduct play an important role for the Fed, responding to its expectations of future macroeconomic
conditions is not.

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Spring 2014 Seminars

Upcoming Seminar:
Friday April 25
Time: 1:30-2:45pm
Speaker: Kip Kristoffer
Title: “Do Land Use Regulations Stifle Residential Development? Evidence from California Cities.”
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Fall 2013 Economics Department Seminars

Friday, October 4, 2013
1:30 – 2:45 pm; MH 554
“Speculative and Hedging Interaction Model in Oil and U.S. Dollar Markets with Financial Transaction Taxes”
by David Carfi (CSUF)

Friday, November 1, 2013
1:30 – 2:45 pm; SGMH 2207
“TBA”
by Kolver Hernandez (University of Delaware)

Friday, November 15, 2013
1:30 – 2:45 pm; SGMH 2207
“The Impact of Banking Deregulations on Inbound Foreign Direct Investment: Transaction-level Evidence from the United States”
by Asli Leblebicioglu (University of Texas)

Friday, November 22, 2013
1:30 – 2:45 pm; SGMH 2207
“High School and Financial Outcomes: The Impact of Mandated Personal Finance and Mathematics Courses”
by Katrini Shastry (Wellesley College)

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Midyear Economic Forecast

Find out what’s next in the economic recovery of Orange County!
Forecasts presented by Dr. Anil Puri and Dr. Mira Farka.

Date: Thursday, April 18, 2013
Time: 11:30 am – 1:30 pm
Location: Hyatt Regency Irvine
Online Registration>>

Visit Economic Forecast website for more details »

For sponsorship opportunities, call Ola Carr at 657-278-2566

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Fall 2012 – Economics Department Seminars

Friday, November 9, 2012
“Could Droughts Improve Human Capital? Evidence from India”
by Manisha Shah (University of California, Irvine).

Friday, November 16, 2012
“Sentiment and the U.S. Business Cycle”
by Fabio Milani (University of California, Irvine).

Friday, November 30, 2012
“Regression Discontinuity Applications with Rounding Errors
in the Running Variable”
by Yingying Dong (University of California, Irvine).

Friday, December 7, 2012
“The American Recovery and Reinvestment Act:
Solely a Government Jobs Program?”
by William Dupor (Ohio State University)

Where: SGMH 2205
When: 1:00 – 2:15 pm.

For more information, please contact Rokon Bhuiyan at mobhuiyan@fullerton.edu

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Economic Forecast Conference

OCBC and the Mihaylo College of Business and Economics and California State University, Fullerton present the 18th Annual Economic Forecast Conference, Thursday, October 25 at the Hyatt Regency Irvine.

Click here for more details.

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Tutoring Available for Economics

The College Tutoring Center has tutors available for help with Economics classes. 
To make an appointment or find out more information about the College Tutoring Center

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2012 Dean’s Midyear Economic Forecast

Find out what’s next in the economic recovery of Orange County!

Date: Thursday, April 19, 2012.
Time: 11:30 a.m. ~ 1:30 p.m. Luncheon and Program.
Location: HYATT REGENCY IRVINE.
Remark: $75 per person; $700 per Corporate Table for 10 (save $50)
Online Registration>>

For sponsorship opportunities, call Ola Carr at 657-278-2566

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A Revealed Preference Test of Rationing

by Adrian Fleissig (CSUF)

Date: Friday, October 28
Time: 1:00pm
Location: SGMH-2301

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