Fatoumata Diarrassouba

Fatoumata Diarrassouba presented with The Research Excellence in Economics Award

Ms. Diarrassouba attended high school at College Notre Dame du Plateau in Abidjan where she obtained her Baccalaureate, Level C. She entered IUGB in September 2009 where she was treasury of WINDAY, a student community assistance volunteer club.

An Honors student while at IUGB, Ms. Fatoumata Diarrassouba has continued her high academic achievement at GSU as a Business Economics major (senior) and Honors student. On March 23, 2013, she presented an economics research paper at the Midwest Economics Association of Undergraduate Research.

The following is an Abstract of Ms. Diarrassouba’s paper entitled: “Empirical evaluation of the 2001 and 2003 tax cut policies on personal consumption: Long Run impact and forecasting.”

Abstract: This paper examines the effect of the two tax cuts enacted by President Bush in 2001 and 2003 on consumer spending over time. Our analysis, using macroeconomic variables affecting consumer spending, is based on a sample of 210 time series quarterly data of the U.S. population from 1960 to 2012. The previous studies based on the original consumption model, defines consumption according to disposable income and autonomous consumption but fail to consider the omitted variables resulting from the negative intercept. This research paper uses an instrumental variable, independent from consumption, incorporated in the different models in order to prevent bias and multi-collinearity while analyzing disposable income as a function of consumption. We also study an interaction between disposable income and the tax cuts and we find that the percentage change in consumption derived from the 2001 and 2003 tax policies is not significant. Besides, we control for other variables such as unemployment rate which have significantly affected the level of consumption.

In recognition of her outstanding academic performance, Ms. Diarrassouba received an award for research excellence at GSU’s Andrew Young School of Policy Studies annual honors award program held on March 26, 2013.

To view other research works of Ms. Diarassouba, visit here website at:


In the future Ms. Diarrassouba hopes to improve the economic system of Ivory Coast by helping the country develop and adopt fiscal and monetary policies necessary to make the country economically self-sufficient.

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