Hazard mitigation planners claim that foresighted present actions and investments produce significant future benefits. However, they have difficulty in supporting their claims, since previously their evidence typically was derived from individual case studies. Constituents and decision makers...

This paper develops a partial equilibrium model of a small open-economy producing and trading an unsafe product that is supplied by perfectly competitive producers. The presence of product safety considerations, in this case risks to health, introduces a wedge between the market prices producers...

A theoretical policy model is presented that combines regional dynamic CGE modeling and optimal control to explore the role of local government taxation and expenditure in enhancing regional growth. It contributes to the regional CGE literature by explicitly solving for an optimal policy and...

A Stein-like shrinking methodology is proposed for modifying sets of metropolitan area economic forecasts. The technique is applied to historical published quarterly forecasts of the twenty metropolitan statistical areas of Florida. Stein-like shrinking is found to yield modest improvement in...

In the context of four types of unemployment, 23 federally initiated programs spanning six decades are critically surveyed in terms of their effectiveness at reducing unemployment. In addition, this article examines the ongoing policy debates raised by the myriad of programs and the linkage of...

Panel data on regional employment forecasts from structural equation econometric models and time-series models are used to examine whether accuracy of the forecasts can be predicted, both absolutely and relatively. Specification of accuracy includes the time forecast was made, forecast horizon,...

Regional single-family housing start forecasts are used in numerous banking, government, public utility, and retail applications. Despite that, they have not been systematically examined for predictive accuracy. This article analyzes quarterly single-family housing start forecasts for Florida...