This paper estimates the short run effect of the Car Allowance Rebate System (or “Cash for Clunkers†on light vehicle sales within the United States. Using a reduced form demand model of automobiles, I find that the program led to increased sales in July and August, 2009 of between...

The author examines the role highway infrastructure and local property tax rate variability play in retail agglomeration in Indiana from 1988 through 2003. To account for data errors and the potential endogeneity of taxes and infrastructure on retail agglomeration, he introduces a unique...

In this paper, we examine two factors that may affect student achievement in economics principles courses. First, we examine the effect of working for pay on course performance at a commuter school where 70 percent of the student body works for pay at least part time. Second, we examine how the...

A limited number of studies have focused on formative assessment in higher education. This paper examines the effectiveness of applied exercises with a feedback mechanism as a formative assessment technique in an economics principles course. The exercises did correspond to overall improvements...

There are good arguments for an individual income tax on “potential income”, but the drawback to such a tax is the significant administrative concern regarding the implementation of the tax. This paper argues that human capital theory provides a widely accepted and straightforward method to...

This paper attempts to advance the analysis of Eastern Europe's ongoing debt accumulation process by comparing it to the debt accumulation press that preceded the Latin American debt crisis of the early 1980s. The authors report on key country and international conditions in both situations and...