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Full-Text Articles in Social and Behavioral Sciences
Amenities And Fringe Benefits: Omitted Variable Bias, Philip E. Graves, Robert L. Sexton, Michelle M. Arthur
Amenities And Fringe Benefits: Omitted Variable Bias, Philip E. Graves, Robert L. Sexton, Michelle M. Arthur
Robert L Sexton
If labor is fairly mobile, as it is in the United States, one would expect that households would move from less desirable areas toward more desirable areas until all areas are equally desirable. The way that areas become equally desirable is through the impact of movers on wages and rents (and possibly "endogenous" disamenities, such as congestion or pollution). That is, as people move to desirable areas, they will increase the demand for land (raising rents) and increase the supply of labor (lowering wages); in equilibrium, the wage and rent "compensation" for the niceness of an area reveals, in dollar …
Controlling The Abandonment Of Automobiles: Mandatory Deposits Vs Fines, Dwight Lee, Philip E. Graves, Robert L. Sexton
Controlling The Abandonment Of Automobiles: Mandatory Deposits Vs Fines, Dwight Lee, Philip E. Graves, Robert L. Sexton
Robert L Sexton
There is no abstract, but the paper describes first-best solutions to the abandonment of automobiles, arguing that litter fines are inefficient with or without a mandatory deposit. However, the latter can generate first-best optimality.
Controlling The Abandonment Of Automobiles: Mandatory Deposits Vs Fines, Dwight Lee, Philip E. Graves, Robert L. Sexton
Controlling The Abandonment Of Automobiles: Mandatory Deposits Vs Fines, Dwight Lee, Philip E. Graves, Robert L. Sexton
Robert L Sexton
There is no abstract, but the paper describes first-best solutions to the abandonment of automobiles, arguing that litter fines are inefficient with or without a mandatory deposit. However, the latter can generate first-best optimality.