Our Summer 2021 Issue

On behalf of the Comparative Advantage Editorial Board, we are pleased to present the ninth volume, summer issue, of Stanford University’s undergraduate economics journal. This volume presents undergraduate work on a wide variety of topics, including environmental economics, political economy, and labor economics. Furthermore, as the COVID-19 pandemic continues to exact a toll on individuals and healthcare systems worldwide, this volume may inform the debates … Continue reading Our Summer 2021 Issue

BLOG: Unemployment, Refugees, Asylum Seekers, and the 2008 Financial Crisis – An Analysis using Structural VAR and Dynamic Panel Models

Sarah von Bargen, Columbia University

This paper analyzes the relationships between refugee and asylum seeker flows, unemployment rates, and suicide rates using both structural vector autoregression and dynamic panel models. Specifically, structural VAR is initially used for analyzing data from 1980-2018 in the United States, and a random effects dynamic panel model is utilized for analyzing post-2008 financial crisis data of these four variables in the United States, France, and the United Kingdom. Continue reading BLOG: Unemployment, Refugees, Asylum Seekers, and the 2008 Financial Crisis – An Analysis using Structural VAR and Dynamic Panel Models

Analyzing the Effects of Unemployment on Political Polarization in New York State

By Mohammed Al-Khulaifi, Georgetown University School of Foreign Service

In this empirical research I attempt to investigate possible causation between the level of unemployment and the level of political polarization in New York State by county. I hypothesize that the increase in unemployment will lead to higher levels of political polarization following the intuition of political fanaticism grounded on economic distress. Continue reading Analyzing the Effects of Unemployment on Political Polarization in New York State

Housing Demand and Labor Supply: The 1962 Algerian Repatriates to France

By Olivia Briffault. Yale University.

A surprising finding in analyses of the effects of immigration is that immigrants generally have a limited effect on local labor market outcomes. One reason that has been hypothesized is that immigration generates… Continue reading Housing Demand and Labor Supply: The 1962 Algerian Repatriates to France

How Does Technology Affect Skill Demand? Technical Changes and Capital-Skill Complementarity in the 21st Century

By Yifan (Eva) Gong. Macalester College.

This paper attempts to examine technology’s impact on the labor market through the lens of skilled labor. Technical changes in the late 20th century are skill-biased… Continue reading How Does Technology Affect Skill Demand? Technical Changes and Capital-Skill Complementarity in the 21st Century

The Veil of Communism: An Analysis of Lifespan, GDP per Capita, Human Capital, and Agricultural Productivity in Eastern Europe

By Matei Dăian. Stanford University.

There is a clear economic difference between the more economically-developed Western Europe and their poorer counterparts in Eastern Europe… Continue reading The Veil of Communism: An Analysis of Lifespan, GDP per Capita, Human Capital, and Agricultural Productivity in Eastern Europe