This research examines capacity utilization as a measure of economic slack in the US economy. Many macroeconomists have questioned the use of capacity utilization as a measure of economics slack on several fronts. The first issue revolves around the definition and accuracy of measurement of the...

This research examines capacity utilization as a measure of economic slack in the US economy. Many macroeconomists have questioned the use of capacity utilization as a measure of economics slack on several fronts. The first issue revolves around the definition and accuracy of measurement of the...

This study extends the literature on relative price dispersion by addressing two questions that have remained largely unanswered: (a) What is the impact on relative price dispersion of the variance of the uncertain relationship between money and prices? (b) Is there evidence across industries of...

This empirical study seeks to broaden the interpretation of the 'rational voter model' so as to include the potential effects of the number of statewide legislative referendums. This study tests the hypothesis that greater numbers of such referendums increase voter turnout because they elevate...

This empirical study investigates determinants of attendance at minor league baseball games in the Carolina League in 2006. The focus of the analysis is on the effect of a wide variety of game-day promotions on attendance on a game-by-game basis, rather than aggregate attendance during the...

This study provides new empirical evidence on the impact of the federal budget deficit on the <italic>real</italic> interest rate yields on intermediate-term debt issues of the US Treasury, represented herein by the <italic>ex post</italic> real interest rate yields on 3-year Treasury notes and 7-year Treasury notes, two...

This study empirically extends the Tiebout hypothesis of 'voting with one's feet' in two ways. First, it provides updated estimates using net migration data for the period 2000--2008. Second, in addition to investigating variables reflecting public education outlays, property taxation and income...

This study of the impact of economic freedom, regulatory quality and the relative burden of taxation on the <italic>level</italic> of per capita real income/GDP among OECD nations over the period 2003 to 2007 adopts a modified version of the <italic>overall</italic> economic freedom index computed by the Heritage Foundation...

The winner-take-all method of allocating Electoral College votes (in 48 of the 50 states) in US presidential elections has promoted interesting behaviours by politicians and states that are evident throughout US (economic) history. This analysis explores the impact that being a ‘battleground...