This study examines the influence of the release of a best-selling book and movie, Midnight in the Garden of Good and Evil, set in Savannah, Georgia on local tourism demand. Tourism demand is proxied by revenue collected from an ad valorem hotel room tax in Savannah. The hotel tax revenue series...

This empirical study investigates determinants of interstate differentials in the cost of housing for the year 2006. While the literature on geographic cost-of-living differentials is well developed, the literature on geographic cost-of-housing (as opposed to housing-price) differentials is much...

This study examines, for the period 1963-1995, the impact of federal budget deficits in the US on interest rates at commercial banks. Interest rates at banks have been largely neglected in the deficit/interest rate literature for the US. Moreover, the deficit/interest rate literature for the US...

This study examines, for the period 1963-1995, the impact of federal budget deficits in the US on mortgage interest rates at commercial banks. Interest rates at banks have been largely neglected in the deficit/interest rate literature for the US. Moreover, the deficit/interest rate literature...

The impact of property taxes on the cost of livings are examined. Using county data for the state of Florida, the instrumental variable (IV) heteroscedasticity-corrected results indicate that the per capita property tax exercises a positive and significant impact on the cost of living.

The Ricardian equivalent theory is examined by dichotemizing the total US federal budget deficit into its structural (exogeneous) and cyclical (endogeneous) components. The former is hypothesized to be the expected, planned deficit, whereas the latter is viewed as the unpredictable, unplanned,...

This study examines, for the period 1964-95, the impact of structural federal budget deficits in the US on interest rates at savings and loan institutions (S&Ls). Interest rates at S&Ls have largely been neglected in the deficit/interest rate literature. Moreover, the deficit/interest rate...

The study investigates the impact of budget deficits on ex post real long-term interest rates over the 1973-1995 period, thereby addressing an interest rate measure and time period, i.e. beyond the mid-to late-1980s, that have received only limited attention in the literature. The instrumented...

Using semi-annual data, this study empirically finds that, over the 1965-91 period, the rate of return on thrift (S&L) assets is an increasing function of the S&L mortgage rate, the tangible capital/asset ratio, and energy prices, whereas it is a decreasing function of the cost of deposits and...

The objective of this study is to investigate the 'micro-firm health insurance hypothesis', a hypothesis that the greater the percentage of domestic firms that are 'very small', i.e. have four or fewer employees, the greater the percentage of the US population that will be without health...