Social and Behavioral Sciences Commons^™

Campaign Contributions And Congressional Voting: A Simultaneous Probit-Tobit Model, Henry W. Chappell Jr.

Faculty Publications

Full-information maximum likelihood (FIML) estimates of the simultaneous probit-Tobit (SPT) model suggest that effects of campaign contributions on voting are smaller than single equation probit estimates would indicate. The author has generally unable to conclude that contributions have a significant impact on voting decisions, apparently votes are most often decided on the basis of personal ideology or preferences of constituents. These findings differ markedly from earlier results of economists Gary C. Durden and Jonathan J. Silberman, whose single equation models showed a substantial impact of contributions on voting decisions. Despite the lack of significance according to model SPT, it would …

Sample Selection Bias And The Nature Of Unemployment, Joshua David Angrist

Honors Papers

The most disturbing and difficult empirical problems of labor economics revolve around the absence of crucial information; the wage an unemployed person would receive if he or she were working. The most controversial policy problem of labor economics is embodied in the question; when is unemployment a problem? The goal of this paper is to propose a methodology for studying the first problem that sheds some light on the second.

Malaysian Development Planning, David Lim

Support & Other Units (THEi)

Development planning has been described as "a deliberate governmental attempt to coordinate economic decision-making over the long-run and to influence, direct and, in some cases, even control the level and growth of a nation's principal economic variables (income, comsumption, employment, investment, saving, exports, imports, etc.) in order to achieve a pre-determined set of development objectives." One set of reasons for planning centres round the operation of the market system. Thus, market prices are often distorted and can result in a misallocation of scarce resources. Another set revolves round the need to have a rallying point for local and foreign interests …

Structure Of Labor Relations, Howard Lesnick

All Faculty Scholarship

No abstract provided.

Southern California’S Housing Crisis, A. Studenmund

A. H. Studenmund

No abstract provided.

The Free-Fare Transit Experiment, A. Studenmund, D Connor

A. H. Studenmund

This paper summarizes and evaluates the results of experiments which consisted of the elimination of bus fares in off-peak in the cities of Trenton, New Jersey and Denver, Colorado. Because the data in Denver had significant weaknesses, the specific figures cited herein are for Trenton (more accurately, Mercer County, New Jersey); the results of the two experiments were essentially identical, however, so the conclusions drawn are made in a more general context. The evaluation found that the net ridership increase during the demonstration was on the order of 15% (about 45% during the off-peak periods). This included the combined effects …

Post-Tefra Holding Company Strategies, David Randall Jenkins

David Randall Jenkins, Ph.D.