Showing 1 - 10 of 75
education subsidy policy we demonstrate that the optimal subsidy for general education increases with the growth rate of …
Persistent link: https://www.econbiz.de/10013212567
Local governments spend roughly $1.6 trillion per year to provide a variety of public services ranging from police and fire protection to public schools and public transit. However, we know little about public sector's productivity in delivering key services. To understand the productivity both...
Persistent link: https://www.econbiz.de/10012996392
We propose a simple model of trooper behavior to design empirical tests for whether troopers of different races are monolithic in their search behavior, and whether they exhibit relative racial prejudice in motor vehicle searches. Our test of relative racial prejudice provides a partial solution...
Persistent link: https://www.econbiz.de/10013233767
The presence of a heavy truck on the road can impose an externality if accidents occur that would not have otherwise. We find each additional truck on the road increases the risk of a truck accident—but also, at an even higher rate, the risk of a car-on-car collision. Our estimates imply two...
Persistent link: https://www.econbiz.de/10012948074
How large are the benefits of transportation infrastructure projects, and what explains these benefits? To shed new light on these questions, this paper uses archival data from colonial India to investigate the impact of India's vast railroad network. Guided by four predictions from a general...
Persistent link: https://www.econbiz.de/10013136742
The paper introduces a framework for studying the hierarchy of growth factors, from deep to more immediate. The specific setting we examine is 18th and 19th century Germany, when institutional changes introduced by reforms and transportation improvements converged to create city growth. We...
Persistent link: https://www.econbiz.de/10013086487
For generations of scholars and observers, the quot;transportation revolution,quot; especially the railroad, has loomed large as a dominant factor in the settlement and development of the United States in the nineteenth century. There has, however, been considerable debate as to whether...
Persistent link: https://www.econbiz.de/10012758014
-level data, we estimate three important policy parameters: the rate of subsidy pass-through, the impact of the subsidy on EV … expected subsidy bill required for California to reach its goal of 1.5 million EVs by 2025 is likely to exceed $12-18 billion …
Persistent link: https://www.econbiz.de/10012906453
subsidy to infrastructure as an asset class, which we estimate within the range of $730 million to $3.16 billion per year …
Persistent link: https://www.econbiz.de/10012911091
Recent policy debates have focused on whether restricting for-profit institutions' access to federal student financial aid could reduce student loan defaults without restricting prospective students' access to higher education. We examine the effects of similar restrictions imposed on over 1,200...
Persistent link: https://www.econbiz.de/10012976977