Research and Science Today Journal is a publication founded in 2011 and it is dedicated to the students of all levels (license, master and doctoral) of faculties in the country and abroad. We want to offer the participants the opportunity to present their scientific works in the following areas:...

In the past year, local governments have made a foray into the hotly debated arena of immigration law and policy by adopting laws to address illegal immigration in their respective jurisdictions. Courts have struck down many of these laws on the grounds that they are preempted pursuant to a...

Recent experience with disasters and terrorist attacks in the US indicates that state and local governments rely on the federal sector for support after disasters occur. But these same governments are responsible for investing in infrastructure designed to reduce vulnerability to natural and...

The successes and failures of local government are reflected in the value of homes in the jurisdiction. Good schools and attractive public goods raise the value of homes in a locality, and unpleasant environments and high property taxes lower those same values. Home values are the report cards...

This paper examines the pricing strategy of a developer facing potential clients heterogeneous in income. Two-part pricing and second degree discriminatory pricing strategies are characterized. Our results include the fact that the developer chooses either to charge a positive entry fee and a...

The federal income tax code provides an incentive for developers to organize homes for different types of families as a single heterogeneous community. The property tax deduction and a progressive rate structure cause the property tax to be subsidized at a rate which increases with family...

This paper examines the extent to which market forces are now responsible of the determination of housing prices in cities of the Former Soviet Union (FSU) and explains what implications follow from the reliance on market forces. Analysis of data drawn from the emerging housing market in...

In combination with municipal zoning and the quot;vote with your feetquot; discipline proposed by Charles Tiebout, the local property tax is both a benefit tax and an efficient tax, at least when compared to statewide or federal taxes used to fund the same services. To pursue this claim, I...

The essay focuses on local development and governance. It examines the questions posed by the evolution of industrial districts and the new policy for local development, the so-called Instruments for Local Development. The analysis highlights a complex and contradictory relationship between the...

Many economists have cited fiscal illusion as an argument against specific types of taxes arguing that less visible taxes may cause voters to systematically underestimate the true burden of taxation. The higher willingness of renters to support an increase in the property tax, often referred to...