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This paper utilizes multivariate exogeneity (causality) tests to analyze the relationship between various income policy programs and the poverty rate. The framework the authors develop allows them to make a distinction between intended poverty reduction objectives and automatic stabilizing...
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This paper utilizes the generalized Fechner-Thurstone direct utility function to see if relative price changes in neighboring countries affect the preference structure of the host country. The authors analyze the case of Canada, Mexico, and the United States. They utilize the generalized...
Persistent link: https://www.econbiz.de/10005284410
Local governments' allocation decisions are modeled in the context of a slack maximizing bureaucrat who produces public goods according to a production function that includes both provision and the constituents' socioeconomic characteristics. To gain a better understanding of the determinants of...
Persistent link: https://www.econbiz.de/10005809525
In this paper, the authors analyze the level of income inequality across states in 1970 and 1980 for several demographic groups. Furthermore, they examine the impact of labor-force participation, education, and other variables on inequality. They find that for the whole population, states with...
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