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Articles 1 - 17 of 17

Full-Text Articles in Social and Behavioral Sciences

The Peculiar Immobility: Regional Affinity And The Postbellum Black Migrant, Philip E. Graves, Robert L. Sexton, Richard Vedder Dec 2011

The Peculiar Immobility: Regional Affinity And The Postbellum Black Migrant, Philip E. Graves, Robert L. Sexton, Richard Vedder

Robert L Sexton

Why did newly freed slaves and their descendants wait a half a century before migrating in large numbers to the superior economic opportunities in the North? Census lifetime migration data on both movers and stayers are examined intertemporally for both whites and blacks. Regression analysis reveals that before 1920 Southern blacks had a very strong affinity for the "Southern way of life."


Using Short Movie And Television Clips In The Economics Principles Class, Robert L. Sexton Dec 2006

Using Short Movie And Television Clips In The Economics Principles Class, Robert L. Sexton

Robert L Sexton

The author describes a teaching method that uses powerful contemporary media, movie and television clips, to demonstrate the enormous breadth and depth of economic concepts. Many different movie and television clips can be used to show the power of economic analysis. The author describes the scenes and the economic concepts within those scenes for a number of movies.


New Entry And The Rate Of Return To Education: The Case Of Registered Nurses, Surrey Walton, Philip E. Graves, Robert L. Sexton Dec 2004

New Entry And The Rate Of Return To Education: The Case Of Registered Nurses, Surrey Walton, Philip E. Graves, Robert L. Sexton

Robert L Sexton

In the 1970's, the percentage of high school graduates completing RN training increased with little change in the rate of return to training. During the 1980's this percentage declined, despite large increases in the rate of return. The national data employed here examine long-run trends (with emphasis on the 1970's and 1980's) in financial incentives and entry into the nursing profession and suggest that broader professional career opportunities in the 1980's exerted a large impact vis-a-vis the 1970's, among other factors. Rates of return remain high in the 1990's with modest signs of the market stabilizing. Successful policies to ensure …


Hedonic Wage Equations For Higher Education Faculty, Philip E. Graves, James R. Marchand, Robert L. Sexton Sep 2002

Hedonic Wage Equations For Higher Education Faculty, Philip E. Graves, James R. Marchand, Robert L. Sexton

Robert L Sexton

This paper discusses the use of hedonic techniques to theoretically and empirically understand the wages of higher education faculty. The paper first presents theoretical models of department and faculty choice. These models represent a synthesis of prior work in the hedonic area. The models imply a hedonic wage equation for faculty with wages dependent on productivity, departmental amenities and locational amenities. The theoretical discussion is followed by exploratory and illustrative empirical work. In summary, the reported regressions show that increased teaching loads and secretaries per faculty member tend to decrease salaries while increasing referred journal articles, hotter than average summers, …


Computing The Extent Of Circumvention Of Proposition 13: A Response, Robert L. Sexton, Gary M. Galles Dec 1999

Computing The Extent Of Circumvention Of Proposition 13: A Response, Robert L. Sexton, Gary M. Galles

Robert L Sexton

ABSTRACT. Galles and Sexton (1998) showed that California state and local revenues exceeded their previous real per capita levels as did the sum of property taxes plus charges and miscellaneous revenues within a decade after Proposition 13 passed, and concluded that Proposition 13 was only temporarily successful at shrinking California state and local governments. Khoury and Pal (2000) challenge this conclusion. However, their conclusion that Proposition 13’s circumvention “has been only marginal” results from using per $1000 of income comparisons rather than real per capita comparisons and from using growth rate changes, which fail to adjust for U.S. fiscal trends, …


An Alternative Tale Of Two Tax Jurisdictions: A Reply, Robert L. Sexton, Gary Galles Jun 1999

An Alternative Tale Of Two Tax Jurisdictions: A Reply, Robert L. Sexton, Gary Galles

Robert L Sexton

ABSTRACT. Cebula (1999) suggests that the success of California's Proposition 13 and Massachusetts' Proposition 2-1/2 is better judged by their effects on the growth rates of real per capita revenues and expenditures rather than on the te^ek of those variables, which Galles and Sexton (1998) used to evaluate those measures. However, the data shows that virtually all of their effects, relative to the United States as a whole, arose during their implementation periods, and that there is no clear evidence of the "longer term success in terms of reducing the growth rate of real per capita revenues and expenditures" that …


Union Myopia And The Taxation Of Capital, Dwight Lee, Robert L. Sexton, Philip E. Graves Dec 1994

Union Myopia And The Taxation Of Capital, Dwight Lee, Robert L. Sexton, Philip E. Graves

Robert L Sexton

After an extensive discussion of the nature of the interactions among unions, corporations, and government, we find that government in granting privileges to workers organized into unions implicitly taxes capital formation. The result has been to lessen the attention business decisions pay to the future, to substitute excessive wages for appropriate capital investment, and to reduce the competitive vitality of major U.S. industries.


Restricting Taxation: The Impact Of Proposition 13 On California Tax And Expenditure Trends, Robert L. Sexton, Gary M. Galles, James E. Long Dec 1994

Restricting Taxation: The Impact Of Proposition 13 On California Tax And Expenditure Trends, Robert L. Sexton, Gary M. Galles, James E. Long

Robert L Sexton

Abstract: This paper examines trends in California taxes and expenditures at the state and local level. In particular, it considers whether Proposition 13, which has been blamed by politicians and the press for virtually every ensuing fiscal problem facing state and local governments in California, deserves such criticism, or whether the roots of those problems lie elsewhere.


Union Myopia And The Taxation Of Capital, Dwight Lee, Robert L. Sexton, Philip E. Graves Dec 1994

Union Myopia And The Taxation Of Capital, Dwight Lee, Robert L. Sexton, Philip E. Graves

Robert L Sexton

After an extensive discussion of the nature of the interactions among unions, corporations, and government, we find that government in granting privileges to workers organized into unions implicitly taxes capital formation. The result has been to lessen the attention business decisions pay to the future, to substitute excessive wages for appropriate capital investment, and to reduce the competitive vitality of major U.S. industries.


A Pollution Control Approach To Analysis Of The Balanced Budget Amendment, Robert L. Sexton, Dwight R. Lee Sep 1988

A Pollution Control Approach To Analysis Of The Balanced Budget Amendment, Robert L. Sexton, Dwight R. Lee

Robert L Sexton

Fiscal Pollution (excessive budget deficits), in certain aspects, is like environmental pollution. In both types of pollution some, possibly most individuals would be willing to reduce their own pollution if others would do the same. In the case of fiscal pollution individuals would be willing to give up their special interest demands if others would reciprocate in kind. But as long as individuals are forced to pay for the programs of others there is little incentive to reduce their own demands. Hence, restraints on political hehavior such as a balanced budget amendment to the U.S. Constitution are needed to control …


A Note On Interfirm Implications Of Wages And Status, Philip E. Graves, Dwight Lee, Robert L. Sexton Dec 1986

A Note On Interfirm Implications Of Wages And Status, Philip E. Graves, Dwight Lee, Robert L. Sexton

Robert L Sexton

This paper does not have an abstract, but examines inter-firm implications of some prior explorations into the nature of wages and status by Robert Frank.


A Note On Interfirm Implications Of Wages And Status, Philip E. Graves, Dwight Lee, Robert L. Sexton Dec 1986

A Note On Interfirm Implications Of Wages And Status, Philip E. Graves, Dwight Lee, Robert L. Sexton

Robert L Sexton

This paper does not have an abstract, but examines inter-firm implications of some prior explorations into the nature of wages and status by Robert Frank.


Development, Mobility And Slavery: Real Income And Spatial Equilibrium In The Postbellum South, Philip E. Graves, Robert L. Sexton Dec 1985

Development, Mobility And Slavery: Real Income And Spatial Equilibrium In The Postbellum South, Philip E. Graves, Robert L. Sexton

Robert L Sexton

The paper lacks an abstract but provides additional insights into why blacks remained in the South for so long following the Emancipation Proclamation leading to the abolition of slavery in the United States.


A Multi-Disciplinary Interpretation Of Migration: Amenity Capitalization In Both Labor And Land Markets, Philip E. Graves, Robert L. Sexton, Thomas A. Knapp Jun 1984

A Multi-Disciplinary Interpretation Of Migration: Amenity Capitalization In Both Labor And Land Markets, Philip E. Graves, Robert L. Sexton, Thomas A. Knapp

Robert L Sexton

Various disciplines have produced models to explain and predict migration. A model is presented providing a taxonomy through which interdisciplinary insights can be synthesized. The imperfect information view emphasizes the role of wage differentials as representing arbitragible real utility differences. The perfect information approach holds that wage and rent differentials are compensating differentials, eliminating real utility variation over space. Moreover, markets compress diverse aspects of spatial variation in welfare, otherwise difficult to quantify, into compensating wage and rent differentials. Rents tend to capitalize the variation in a host of amenities, thereby substantially reducing the need for a potential migrant to …


A Multi-Disciplinary Interpretation Of Migration: Amenity Capitalization In Both Labor And Land Markets, Philip E. Graves, Robert L. Sexton, Thomas A. Knapp Jun 1984

A Multi-Disciplinary Interpretation Of Migration: Amenity Capitalization In Both Labor And Land Markets, Philip E. Graves, Robert L. Sexton, Thomas A. Knapp

Robert L Sexton

Various disciplines have produced models to explain and predict migration. A model is presented providing a taxonomy through which interdisciplinary insights can be synthesized. The imperfect information view emphasizes the role of wage differentials as representing arbitragible real utility differences. The perfect information approach holds that wage and rent differentials are compensating differentials, eliminating real utility variation over space. Moreover, markets compress diverse aspects of spatial variation in welfare, otherwise difficult to quantify, into compensating wage and rent differentials. Rents tend to capitalize the variation in a host of amenities, thereby substantially reducing the need for a potential migrant to …


Overurbanization And Its Relation To Economic Growth For Less Developed Countries, Philip E. Graves, Robert L. Sexton Dec 1978

Overurbanization And Its Relation To Economic Growth For Less Developed Countries, Philip E. Graves, Robert L. Sexton

Robert L Sexton

This paper does not have an abstract but examines the role of urbanization and over-urbanization in economic growth and decline in the developing world.


Overurbanization And Its Relation To Economic Growth For Less Developed Countries, Philip E. Graves, Robert L. Sexton Dec 1978

Overurbanization And Its Relation To Economic Growth For Less Developed Countries, Philip E. Graves, Robert L. Sexton

Robert L Sexton

This paper does not have an abstract but examines the role of urbanization and over-urbanization in economic growth and decline in the developing world.