This paper uses a recent and rich data set to examine the effect of economics major on individual earnings controlling for personal, occupation, and industry characteristics. We found a pronounced positive earnings gain for economics major relative to other majors; this advantage increases as...

In this comment we examine the conclusion by Forgey, Rutherford, and VanBuskirk (1994) "that the foreclosed properties sold at a 23% discount," using a sample of nearly 2,000 residential property sales from the Las Vegas, Nevada area. We found that when not controlling for location with a set of...

The earnings of females in various sales professions are less than their male counterparts. By expanding on the set of variables used by Jud and Winkler we were able to explain a large portion of this differential for most professions. Child rearing and marriage explain much of the differential...

This paper extends the analysis of neighborhood churches on residential property values by investigating nearly 5,000 residential property transactions in Henderson, NV, between January 1986 and December 1990. We find that real property values decrease, at a decreasing rate, as distance from a...

The purpose of this paper is to examine whether premiums exist for residential properties within planned communities based on location, and if so, indicate who receives the premium: the builder or subsequent owners. Our empirical results indicate that developers receive a premium for properties...

We examine the property rights to excess pension assets and to unfunded pension liabilities by estimating the relation between debt ratings and the funding status of firms' pension plans. We test the hypothesis that a dollar of unfunded pension liabilities augments corporate liabilities more...