Based on a constrained S&L profit-maximization model, this empirical study estimates six reduced-form equations, using a heteroskedasticity correction, to identify the factors influencing the rate of return on S&L assets. For the years 1988 and 1989, the results consistently imply that the rate...

This study empirically examines determinants of geographic (interstate) differentials in the bank failure rate in the United States for the period 1989-1994. The study uses the Heteroskedastic-TOBIT estimation technique because 20 percent of the observations on the dependent variable are zeros...

This empirical study investigates the Tiebout-Tullock hypothesis as it might have applied to net domestic state in-migration rates over the period 1990 through 1999. It appears that the net state in-migration rate has been directly related to the ratio of the total state plus local government...

This study applies a hedonic pricing model to the housing market of the City of Savannah, Georgia. The Savannah Historic Landmark District is located both in and adjacent to downtown Savannah. Of the 2,888 single-family homes for the period 2000-2005 for which data are available, 591 are located...

This study empirically seeks to identify determinants of geographic living-cost differentials among counties in the state of Florida for the year 2003. The heteroskedasticity-corrected ordinary least squares estimates reveal that the cost of living in those counties is an increasing function of...

The present study seeks to extend the depth and scope of an earlier study by Isserman (2004). In particular, using Isserman (2004) as a starting point and using more recent data [for the years 2005 through 2009], this study seeks to provide a broader and more in-depth perspective on the role and...