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The purpose of this paper is twofold. First, we investigate empirically the economic implications of increasing the threshold funding limits on Small Business Innovation Research (SBIR) awards. Specifically, we estimate the impact of an increase in an SBIR Phase II research award amount on the...
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The theory of compensating wage differentials, attributable to Adam Smith, suggests that jobs with disagreeable characteristics will command high wages, ceteris paribus. Most empirical tests of this theory with hedonic wage equations implicitly assume that workers' willingness to pay for risk...
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This analysis develops a model in which, for the first time, households' mobility decisions are separated into intra-urban movements and migrations. These two mobility decisions and the households' tenure (own/rent) choice are estimated as part of a multinomial logit framework and are found to...
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