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This paper estimates the causal effect of police on traffic fatalities and injuries. Due to simultaneity, estimating …
Persistent link: https://www.econbiz.de/10014176853
measure that is widely used for the evaluation of public policies in medicine, the environment, and transportation safety …Tradeoffs between monetary wealth and fatal safety risks are summarized in the value of a statistical life (VSL), a … issues to a particular study of speed limits and highway safety. -- value of a statistical life ; speed limits ; safety risks …
Persistent link: https://www.econbiz.de/10003253450
measure that is widely used for the evaluation of public policies in medicine, the environment, and transportation safety …Tradeoffs between monetary wealth and fatal safety risks are summarized in the value of a statistical life (VSL), a … issues to a particular study of speed limits and highway safety …
Persistent link: https://www.econbiz.de/10012734646
This paper investigates whether fiscal competition affects the structure of public spending, where theory predicts a shift from residential public goods to industrial public goods. We propose an empirical model that specifically accounts for the strategic nature and endogeneity of fiscal...
Persistent link: https://www.econbiz.de/10009767597
This paper investigates whether fiscal competition affects the structure of public spending, where theory predicts a shift from residential public goods to industrial public goods. We propose an empirical model that specifically accounts for the strategic nature and endogeneity of fiscal...
Persistent link: https://www.econbiz.de/10013097595
In this paper we take a "market-based" approach to examine whether increased school expenditures are valued by potential residents and whether the current level of public school provision is inefficient. We do so by employing an instrumental variables strategy to estimate the effect of state...
Persistent link: https://www.econbiz.de/10014154902
States differ substantially in higher education policies. Little is known about the effects of state policies on the performance of public colleges and universities, largely because no clear measures of college quality exist. In this paper, I estimate the average quality of public colleges of...
Persistent link: https://www.econbiz.de/10014054229
It is well recognised that the issue of the social rate of discount applies only to the gains from public investment that accrues to the public sector. When it comes to measurement, however, there is a problem: public investment in infrastructure and the like do not usually yield direct...
Persistent link: https://www.econbiz.de/10011514079
Persistent link: https://www.econbiz.de/10001737580
Due to Federal regulations, automobile air bag availability was a model-specific discontinuous function of model year for used vehicles in the 1990s and early 2000s. We use these discontinuities and the gradual increase in the supply of air bags to trace out the demand curve for air bags and the...
Persistent link: https://www.econbiz.de/10009665626