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productivity at the state level. We test the hypothesis thatthe composition of agricultural experiment station funding—share of … governmentappropriationsaffectsthe productivity of public agricultural research using data for the 48contiguous states over 19701999.Our results show not … formula fundingwould lower the productivity of public agricultural research. Furthermore, our simulation resultsshow that a …
Persistent link: https://www.econbiz.de/10009418923
Showcasing data from all areas of the ILC program and other sources, Charting International Labor Comparisons is a gateway to explore how key labor market and other national economic measurements compare across countries. There are links to previous editions of the Chartbook of International...
Persistent link: https://www.econbiz.de/10005843291
This paper presents new econometric evidence on state government’s demand for resources to support local agricultural …-output composition impact a state government’s demand for resources for state agricultural experiment stations.[...] …
Persistent link: https://www.econbiz.de/10009418924
Some investment advisors offer multiple versions of a fund with the same manager and highlycorrelated returns. But these “twin” funds are separate portfolios for different investors withdiffering abilities to select and monitor managers. Using a matched sample of retail andinstitutional twin...
Persistent link: https://www.econbiz.de/10009419010
[...]This article examines the origins and early development ofthe Federal Reserve’s book-entry system—the system mostclosely associated with the elimination of definitive, orcertificated, Treasury securities. We suggest that the Fed’ssystem was the product of three important factors: the...
Persistent link: https://www.econbiz.de/10005869747
[...]In this paper, we look at the relationship between these twoissues to examine how government regulation affects …
Persistent link: https://www.econbiz.de/10005869787
[...]In this article, we attempt to quantify the economic effectsof the homeland security efforts of the public and privatesectors, focusing specifically on the costs of these efforts. Inpractice, it is difficult to classify which expenditures are relatedto homeland security. For this reason, we...
Persistent link: https://www.econbiz.de/10005869856
assistance programs for families with children,reducing the role of the federal government in programoperation and regulation …. The federal government didcontinue to help states fund these programs through the newlycreated Temporary Assistance for … Needy Families (TANF)block grant. In addition, the federal government required statesto move an increasing share of their …
Persistent link: https://www.econbiz.de/10005869878
The G20 summits in 2009 have proposed major changes in governance of the InternationalMonetary Fund (IMF). Most important seems to be the acknowledgment that the IMF in itscurrent form lacks legitimacy and ownership. Accordingly, the G20 suggests a reallocation ofvoting shares to emerging and...
Persistent link: https://www.econbiz.de/10005870767
We propose a distinction between active waste and passive waste as determinantsof the cost of public services. Active waste entails utility for the publicdecision maker (as in the case of bribery) whereas passive waste does not (asin the case of inefficiency due to red tape). To assess the...
Persistent link: https://www.econbiz.de/10005870993