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This study examines the impact of the Federal Deposit Insurance Corporation Improvement Act of 1991 on bank failures in the United States. After summarizing a number of the most important provisions in this legislation and presenting certain relevant data, the study provides an exploratory...
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The original Buchanan-Tullock formulation of collective decision-making costs may be expanded to: <Equation ID="E1"> <EquationSource Format="TEX"> $$C_i =C_i (N_a ,N,H)$$ </EquationSource> </Equation> <Equation ID="E2"> <EquationSource Format="TEX"> $$D_i =D_i (N_a ,H)$$ </EquationSource> </Equation> <Equation ID="E3"> <EquationSource Format="TEX"> $$G_i =G_i (N,H)$$ </EquationSource> </Equation> Analysis of the effects of group size (N), decision rules (N <Subscript> a </Subscript>), and homogeneity (H) on external costs (C <Subscript> i </Subscript>),...</subscript></subscript></equationsource></equation></equationsource></equation></equationsource></equation>
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This paper has provided evidence that federal government borrowing has in fact, as least for the period 1970 through 1982, exercised a significant impact upon short term interest rates in the private sector. In particular, it is shown here that the rate of change of the interest yield on...
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In section 2, it is argued that the Electoral College introduces into the Presidential election process certain disincentives to vote. These disincentives essentially take the form of reducing the perceived benefits of voting for a Presidential candidate by restricting the power of votes to...
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Tiebout (1956) had suggested that local government policy differentials might exercise a major impact on individuals' locational decisions. The findings in this paper seem to support Tiebout's position. In particular, of the six results (coefficients) obtained in describing the migration-impact...
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The last four election-cycles in the U.S. House of Representatives (2004–2010) witnessed two shifts in political party control of that legislative body—from the Republicans to the Democrats in 2006 and then back to the Republicans in 2010. Nevertheless, U.S. House incumbents of both parties...
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