This study examines, for the period 1963-1995, the impact of federal budget deficits in the US on interest rates at commercial banks. Interest rates at banks have been largely neglected in the deficit/interest rate literature for the US. Moreover, the deficit/interest rate literature for the US...

This study examines, for the period 1963-1995, the impact of federal budget deficits in the US on mortgage interest rates at commercial banks. Interest rates at banks have been largely neglected in the deficit/interest rate literature for the US. Moreover, the deficit/interest rate literature...

The impact of property taxes on the cost of livings are examined. Using county data for the state of Florida, the instrumental variable (IV) heteroscedasticity-corrected results indicate that the per capita property tax exercises a positive and significant impact on the cost of living.

The Ricardian equivalent theory is examined by dichotemizing the total US federal budget deficit into its structural (exogeneous) and cyclical (endogeneous) components. The former is hypothesized to be the expected, planned deficit, whereas the latter is viewed as the unpredictable, unplanned,...

This study re-examines the relationships between school performance (at the high school level) on standardized exams and both teacher pay/salaries and teacher quality, where the latter is measured by teachers’ human capital. To undertake this analysis, we employ Academic Performance Index...