This study develops a theoretical model to examine the impact of central government budget deficits on economic systems. The model addresses the issue from a supply-side perspective. It is shown that the budget deficit can itself he used by governments as a policy tool to influence the level of...

Faster, frictionless, cheaper, better: these are said to be the hallmarks of economic activity on the Internet. Search theory suggests use of the Net could reduce the prices consumers pay, but product branding, price discrimination based on data mining, and auctions may raise prices. The Net has...

The Tax Reform Act of 1986 (TRA) has sometimes been portrayed as a genuine effort to introduce fairness, simplicity, and economic growth considerations into the Internal Revenue Code of the U.S. Although regarding the TRA as far from adequate, the late Richard Musgrave did in fact regard this...

This study empirically investigates the impact of federal personal income tax rates and IRS personal income tax return audit rates on aggregate income tax evasion over the 1957-1997 period. This period represents the longest over which the potential tax-evasion impacts of these two factors in...

This study extends the rational voter model to include a composite measure to capture the residual effects of internal, psychological, and/or sociological motivations not previously accounted for in empirical studies of voting in Presidential elections. These motives are referred to here as the...

We investigate how union rent seeking is affected by import competition. The myopic theory of union rent extraction assumes that unions attempt to maximize current rents. In such a scenario, unionization, even with import competition, may increase the rents earned by union workers. On the other...

Examination of the relationship between net population migration and wage levels in the United States. Number of migrants; Rates of net migration; Possibility for error in the study. (Abstract copyright EBSCO.)

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