Why do charitable nonprofit, service-providing organizations save? What are the tradeoffs between using income to build up cash reserves and serving more clients? Saving may generate income, protect the organization against a drop in donations, and increase the organization's chances of...

In this paper, we test the hypothesis that access to electronic payments may reduce crime. Our results suggest that there is a negative and significant statistical relationship between access to electronic payments and the incidence of economic crimes such as robbery and burglary, while...

The empirical results of this paper are derived from a monopoly view of local government decisionmaking in contrast to the competitive view offered by earlier researchers. That our results are similar to earlier findings lends additional support to the conclusion that local output is largely...

This study examines the effects of home-state unemployment rates on attrition behavior of Navy enlistees for successive career windows during the first term of service: the first 6 months, the second 6 months, the second year, and the third year of service. The results indicate that attrition is...

The Junior Reserve Officers' Training Corps is a high school program that combines classroom teaching with extracurricular activities. The program is located primarily in inner city schools and serves at-risk students. Its goals are multidimensional and include military preparation and improving...

It has been argued that organizations which are unable to directly appropriate any of the firm's residual earnings tend to experience various forms of wealth-taking by managers (Alchian and Kessel, 1962). This wealth-taking has been observed in privately-owned, regulated firms (Nelson, 1980) as...

Our results confirm the existence of a positive direct effect of cross subsidies from municipally owned water utilities on city spending. While the results are consistent with the hypothesis that internal subsidization creates a fiscal illusion, they are also consistent with vote-maximizing...

We have found that the fiscal power of a city can be increased by extension of its borders within a land area that is homogeneous with respect to earning opportunities, even when numerous rival jurisdictions exist in the area. We hypothesized that extending municipal boundaries will have a...