This empirical study seeks to identify determinants of the Presidential approval rating in the United States. Instrumental variables estimation reveals that, over the 1960-1997 study period, the Presidential approval rating was positively affected by the 1991 Gulf War (a “popular” war), a...

In this study, we examine the impact of real estate brokerage firm characteristics on real estate prices from 2008 to 2013. We focus on single-family homes and condominiums in Duval County, the largest county in the Northeast Florida real estate market. Contrary to most research findings to...

This reply extends our previous study on migration by estimating a system of simultaneous equations by two stage least squares. This set of results implies even more strongly than our original study, which was a single-equation system estimated by ordinary least squares, that in-migration is...

This extension of the rational voter model differs from prior studies in three ways: its adoption of aggregate voting data; its use of data that are non-demographic in nature; and its use of data that are time series rather than cross section. The study finds that the aggregate voter participation...

This study hypothesizes that welfare benefit levels constitute an alternative source of income to property crime. Consequently, higher welfare levels should at the margin reduce the attractiveness of perpetrating property crime. Evidence from the largest metropolitan areas in the United States...

Economic freedom increases market efficiency, growth, development, and individual prosperity. This study empirically investigates whether higher levels of economic freedom, as well as higher levels of personal freedom, act like magnets for persons residing in a free society to move. In other...

The purpose of this Note is to provide a model of the determinants of geographic AFDC differentials. In particular, the model developed and tested below hypothesizes a basically political determination of AFDC levels, a political determination principally involving an alignment of two...

There is a debate regarding the impact of swing or independent voters in American politics. While some argue that swing voters either do not swing or have a marginal impact on campaigns, the decline in voter partisan identification and the rise of independents means that they have a potential...

This note has addressed the empirical issue of crowding out by examining the proportion of GDP devoted to private investment in new physical capital in part as a function of the proportion of GDP devoted to federal government outlays. Three alternative models were estimated, all of which...

This study examines determinants of gross in-migration by race (white and black) over the 1965-1970 time period. The ordinary least squares results reveal that both white migrants and black migrants have an aversion to cold weather and prefer to move shorter rather than longer distances. White...