A paper investigating how public policy affects the economic well-being of its citizens.

Students will write a paper investigating how public policy affects the economic well-being of its citizens. This paper will be 12-15 pages, not including tables, references or figures. Research will primarily focus on how policies can have direct impact on society’s welfare and topics can range from income distribution, taxation, income redistribution or evaluation of a specific government program. The paper will be comprised of at least four sections: the literature review, a theoretical economic model that guides the analysis, empirical analysis of the data and policy implications of the results. Specific topics student may consider include but are not limited to:
• Taxation as a deterrent for consumption
• Income inequality and the labor market
• Government provision of public goods
• Evaluation of educational interventions on achievement
• Environmental taxation policies and production
• Minimum wage laws and employment

This paper will require original research to evaluate the impacts of a public policy or program and students will be required to apply Econometric methods to data to support their theoretical model and inform policy recommendations. Students may choose to use any methodology that is commonly used in scholarly economics articles to support their arguments in the paper. Instructions for each milestone:

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• Choice of Topic and summary statistics: Write a 2/3 page about the research question, why it is interesting, and what methodology to use in mind. Present preliminary summary statistics from the data set identified for use. • Literature Review: Write a three-page literature review of important scholarly works that are closely related to the research topic.

• Theoretical Model: Develop a model using the literature review and coursework to test using econometric methods.

• Econometric Results: At least 1 table of regression results and a description of the analyses used and key outcomes.

• First Draft: Write a 12-15 page draft with introduction, literature review, analysis, and conclusion. In addition to electronic copy, submit three hard copies of the first draft for the instructor and peer review. • Peer Review: Write comments about the first drafts of two other students, directly on the hard copies. The review reports will be graded.

• Final Draft: Complete the paper by incorporating the comments from the instructor and other students. Thoroughly proof-read and check the references before submitting the final draft. • Presentation: We will reserve the Buntrock Atrium for a poster session to present your results during the time of the final OR present online, depending on what is allowed.

Dates for the paper:
• Research Proposal and Summary statistics: March 3
• Literature Review and Theoretical Model: March 15th
• Econometric Results: April 19th
• First Draft: April 30th
• Peer Review: May 12th
• Final Draft: May 17th

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