Working as a team for the Center for Business and Economic Research at the University of Southern Maine, Bruce, James, Lindsey, Brooks and Joseph created a forecasting system for a large retail chain. Their base model uses the ARIMA methodology of Box and Jenkins, but the team has extended ARIMA...

Academic productivity and research funding have been hot topics in biomedical research. While publications and their citations are popular indicators of academic productivity, there has been no rigorous way to quantify co-authors’ relative contributions. This has seriously compromised...

This paper has shown that the observed distribution pattern of federal grants and taxes among states is dependent on more than a simple redistributional motive. As previous studies have shown, the distribution of taxes and some grants does seem to be related to per capita income. However, our...

This paper has examined the voting behavior of bureaucrats and the consequences for elections. The economic theory of the rational voter predicts that bureaucrats would have more to gain by voting than the general public. The cost of voting is lower for public employees than for those who work...

This paper has demonstrated that the tax revolt of the 1970s has not been as successful in reducing the level of state and local government expenditure as preliminary empirical findings indicate, and that the rate of increase in state and local public spending is likely to be far greater than...