Behavioral economics studies the effects of psychological, social, cognitive, and emotional factors on economic decisions of individuals [1]. In this paper, we test for an observable relationship between the Gross Domestic ...

In recent years, there has been widespread discussion on the effects of minimum wage on unemployment. In this paper, we have compiled extensive data on the variation of minimum wage levels across states, as well as ...

Inflation is considered to be one of the most crucial factors in daily life since it has a direct impact on some people’s savings. This paper seeks to examine whether or not there is a relationship between national savings ...

This paper aims to model and quantify the relationship between minimum wage and unemployment rate. Both microeconomic and macroeconomic theory dictate that unemployment rate will increase with an increase in the minimum ...

Water access worldwide affects numerous areas of personal health. This paper attempts to analyze the effects that water access has on total government health care expenditure in different countries. By utilizing a ...

In the past three decades worldwide obesity rates have skyrocketed, contributing to a myriad of health problems in the affected regions. We have tested for the effects of various factors on obesity, primarily the effect ...

Despite theory claiming that transit provides mobility to the lowest-income members of society, empirical evidence for poverty as a determinant for transit ridership is lacking. Most studies of transit ridership encounter ...

The following paper focuses on determining how the savings rate affects the economic growth in terms of income by analyzing a cross section data of 100 countries in 2010. In order to infer the relationship between these ...

This paper attempts to firmly establish the dependence of house price index on foreclosure rates, a prerequisite to substantiating “let-sink” foreclosure policy. In our paper, we first examine a simple linear regression ...

Economists today mostly assume that investment results in gains for that particular field. In this paper, we test for the effect investment in research and development (R&D) has on technological growth. We utilize cross ...