Research Symposium

24th annual Undergraduate Research Symposium, April 3, 2024

Jackson DeJesus Poster Session 5: 4:00 pm - 5:00 pm/317


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BIO


I am originally from Orlando, FL, and I am double majoring in Finance and Biology. This unique combination has allowed me to merge my two different interested into Healthcare Finance and Banking. esearching on the likability of a city has allowed me to gain invaluable skills that I will continue to utilize in the future.

THE LIKABILITY OF A CITY IN RELATION TO MUNICIPALITY BONDS

Authors: Jackson DeJesus, Jeong Ho Kim
Student Major: Finance and Biology
Mentor: Jeong Ho Kim
Mentor's Department: Economics
Mentor's College: College of Business
Co-Presenters:

Abstract


WHAT MAKES A CITY ATTRACTIVE
TO LIVE IN?
To answer the question above, we use a revealed
approach using machine learning. We
hypothesized that an attractive city ought to
attract better human capital translating to lower
risk in municipalities in generating revenues. If
this is the case, these muni bonds will be
percieved as low risk and will inturn deliver low
yields. To this end, we build a panel dataset of
rouble 60 measure of city attractiveness. We will
link these measures to muni bond yields and use
machine learning techniques to find which
dimension of city attractiveness are key in
lowering muni bond yields.

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Keywords: Economics, Bonds, Likability