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Full-Text Articles in Economics
Historical Preservation Districts And Home Sale Prices: Evidence From The Sacramento Housing Market, David E. Clark, William E. Herrin
Historical Preservation Districts And Home Sale Prices: Evidence From The Sacramento Housing Market, David E. Clark, William E. Herrin
Economics Faculty Research and Publications
During the past two decades, cities have turned increasingly to historic preservation of residential and commercial property as a method to help revive declining metropolitan areas. Sacramento, California, established historical preservation districts in an attempt to protect and maintain older structures while simultaneously increasing their value. Historic preservation, however, imposes strict rules on property owners that make property improvement more expensive than it otherwise would be. This paper uses hedonic price theory on a sample of residential properties in Sacramento to test whether positive externalities resulting from an historic preservation designation outweigh the potential negative impact of a cumbersome set …
The Distributional Effects Of Using A Before-Tax Standard: A Comment, Brian C. Brush
The Distributional Effects Of Using A Before-Tax Standard: A Comment, Brian C. Brush
Economics Faculty Research and Publications
No abstract provided.
Optimal Sterilization Policies In Interdependent Economies, Joseph Daniels
Optimal Sterilization Policies In Interdependent Economies, Joseph Daniels
Economics Faculty Research and Publications
In this paper, a two-country leader-follower model with imperfect asset substitution is used to derive the optimal sterilization coefficients for two-country flexible and fixed exchange rate regimes. It is found that, in general, incomplete sterilization is optimal. However, both the origin and the type of macroeconomic shocks the economies experience are important in determining the appropriate degree of sterilization. We also find that sterilization policies have spill-over effects (strategic complements) in both cases. Thus, in a competitive policy-making environment, greater sterilization by one country leads to greater sterilization by the other country. Further, the impact of increasing capital market integration …
Government Investment Programs (The Socialization Of Investment), John B. Davis
Government Investment Programs (The Socialization Of Investment), John B. Davis
Economics Faculty Research and Publications
No abstract provided.
Harcourt As A Historian Of Economic Thought, John B. Davis
Harcourt As A Historian Of Economic Thought, John B. Davis
Economics Faculty Research and Publications
No abstract provided.
J. M. Keynes On History And Convention, John B. Davis
J. M. Keynes On History And Convention, John B. Davis
Economics Faculty Research and Publications
No abstract provided.
Heterogeneous Labor In A Simple Ricardian Model, John B. Davis, Amitava Krishna Dutt
Heterogeneous Labor In A Simple Ricardian Model, John B. Davis, Amitava Krishna Dutt
Economics Faculty Research and Publications
No abstract provided.
Comment: Frank Knight's Pluralism, John B. Davis
Comment: Frank Knight's Pluralism, John B. Davis
Economics Faculty Research and Publications
No abstract provided.