The authors looked at the relationship between unemployment and minimum wage in Turkey (Türkiye). They found that there is a positive correlation between minimum wage and unemployment.
Read More...Browse Articles
Exploring the effects of diverse historical stock price data on the accuracy of stock price prediction models
Algorithmic trading has been increasingly used by Americans. In this work, we tested whether including the opening, closing, and highest prices in three supervised learning models affected their performance. Indeed, we found that including all three prices decreased the error of the prediction significantly.
Read More...Using economic indicators to create an empirical model of inflation
Here, seeking to understand the correlation of 50 of the most important economic indicators with inflation, the authors used a rolling linear regression to identify indicators with the most significant correlation with the Month over Month Consumer Price Index Seasonally Adjusted (CPI). Ultimately the concluded that the average gasoline price, U.S. import price index, and 5-year market expected inflation had the most significant correlation with the CPI.
Read More...Are Teens Willing to Pay More for Their Preferred Goods?
Each day we are flooded with new items that promise us a better experience at a better price. This forces buyers to continuously chose between sticking to what they know, or trying something new. In turn, companies need to be aware of the factors affecting consumer choices, that too within the different fractions of society. In this study the authors investigate the effect of survey-based price setting on profits made based on African American teen purchases, and how African-American teen loyalty to a particular brand affects their willingness to pay a higher price than the market average for their preferred brand items.
Read More...Money matters: Significant knowledge gaps exist about basic finance
In this study, the authors survey students and adults to better understand their basic financial knowledge and money saving skills to measure the extent of knowledge in each group and make comparisons between.
Read More...Environmental, social, and governance ratings and firm performance: Evidence from the Chinese stock market
Large corporations often are known for their financial power, but what social and environmental power and conscious do they have? The more responsible corporations are in relation to environmental, social, and governance criteria the better they do fiscally.
Read More...The Role of Corresponding Race, Gender, and Species as Incentives for Charitable Giving
Inherent bias is often the unconscious driver of human behavior, and the first step towards overcoming these biases is our awareness of them. In this article the authors investigate whether race, gender or species affect the choice of charity by middle class Spaniards. Their conclusions serve as a starting point for further studies that could help charities refine their campaigns in light of these biases effectively transcending them or taking advantage of them to improve their fundraising attempts.
Read More...Understanding investors behaviors during the COVID-19 outbreak using Twitter sentiment analysis
The authors examine a relationship between tweet sentiment and stock market behavior during the early weeks of the COVID-19 pandemic.
Read More...A spatiotemporal analysis of OECD member countries on sugar consumption and labor force participation
In this article the authors look at sugar consumption and the relationship to productivity in the work/labor force.
Read More...Reddit v. Wall Street: Why Redditors beat Wall Street at its own game
Here the authors investigated the motivation of a short squeeze of GameStop stock where users of the internet forum Reddit drove a sudden increase in GameStop stock price during the start of 2021. They relied on both qualitative and quantitative analyses where they tracked activity on the r/WallStreetBets subreddit in relation to mentions of GameStop. With these methods they found that while initially the short squeeze was driven by financial motivations, later on emotional motivations became more important. They suggest that social phenomena can be dynamic and evolve necessitating mixed method approaches to study them.
Read More...