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2013

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Judicial Roles In Nonjudicial Functions, Nuno Garoupa, Tom Ginsburg Jan 2013

Judicial Roles In Nonjudicial Functions, Nuno Garoupa, Tom Ginsburg

Faculty Scholarship

Judges perform nonjudicial functions in many contexts. Most jurisdictions regulate these functions in multiple ways, by statute and by custom. We provide a theory of judicial demand and judicial supply for nonjudicial functions. By teasing out the determinants of judicial involvement in nonjudicial functions, we show the potential market failures and the need for regulation. We suggest that some limitations on the judicial exercise of nonjudicial functions seem justified. However, these limits might vary across jurisdictions depending on institutional and contextual factors.

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Carbon Emissions And Economic Growth: A Granger Causality Analysis Across 18 Countries, Rohan Vakil Jan 2013

Carbon Emissions And Economic Growth: A Granger Causality Analysis Across 18 Countries, Rohan Vakil

Empirical Economic Bulletin, An Undergraduate Journal

In this paper, an analysis of the relationship between Economic Growth and Carbon Emissions will be done using data from 9 Developed Countries, and 9 Less Developed Countries, as determined by the World Bank and United Nations. The countries analyzed will be Canada, France, Germany, Italy, Japan, Korea (South), Spain, United Kingdom, United States of America (9 Developed Countries); and India, Indonesia, Iran, Malaysia, Mexico, Brazil, Russian Federation, Saudi Arabia, and South Africa (9 Less Developed Countries). This research expands on the research done by Barassi and Spagnolo (2012), and Coondoo and Dinda (2003).

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State Government Revenue: The Effects Of Legalized Gambling, Nicholas S. Malz Jan 2013

State Government Revenue: The Effects Of Legalized Gambling, Nicholas S. Malz

Empirical Economic Bulletin, An Undergraduate Journal

When facing financial constrictions, legalized gambling is an attractive alternative for state governments. Most empirical evidence on this topic only examines a single industry in a particular state. This study involves a general analysis of three different forms of gambling across all 50 states. The data is comprised of the gambling volume and state government revenues for all 50 states from 2000 to 2010. From the research, lotteries and horse racing typically increase state revenues, while casinos tend to decrease state revenues.

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The Causality Between Budget Deficits And Interest Rates In Asean Countries, Janhavi Nerurkar Jan 2013

The Causality Between Budget Deficits And Interest Rates In Asean Countries, Janhavi Nerurkar

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the correlation between budget deficits and interest rates across countries of varying income levels across Southeast Asia using the Granger-causality econometric model. It consists of a time series analysis of budget deficits (local currency unit) and real interest rates in Indonesia, Malaysia, Thailand, the Philippines and Singapore from 1990 to 2011.This analysis concludes that budget deficits and interest rates do not cause one another in the countries under consideration.

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The Effect Of Macroeconomic Variables On Domestic Homeownership Rates, Patrick Graydon Jan 2013

The Effect Of Macroeconomic Variables On Domestic Homeownership Rates, Patrick Graydon

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates how various macroeconomic variables affect homeownership rates in the United States. Some of the variables explored in this study include interest rates, unemployment rate, average household income, inflation rate, GDP, population, and residential construction. The paper uses quarterly data from quarter one of 2000 to quarter three of 2012. The results show the economic indicators that are closely correlated with the rate of homeownership.

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An Empirical Study Of Salary Discrimination In Professional Basketball, Joshua Reynolds Jan 2013

An Empirical Study Of Salary Discrimination In Professional Basketball, Joshua Reynolds

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the racial differences in salaries amongst professional basketball players during the 2011-2012 season. Prior studies from the 1980s and 1990s show that white and black players have earned a comparable mean salary, based on performance variables and other player characteristics. However these studies have shown, that taking race in as a factor when running regressions of the data, preference exists towards white player salaries. This paper looks to see if the recent shift in demographic makeup of the NBA prevalent during the late 1990s and 2000s has led to a more equitable distribution of salaries based on …

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Institutional Quality, Income Inequality, And Economic Growth In Latin American Countries, Courtney Pomer Jan 2013

Institutional Quality, Income Inequality, And Economic Growth In Latin American Countries, Courtney Pomer

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the possibility of the institutional quality of a country having an effect on income inequality and economic growth in Latin American Countries. The study incorporates the gini variable and growth rates of GDP in each country to examine the influence of corruption on the various countries throughout Latin America. Looking at previous research it has been found that corruption is positively correlated with income inequality and negatively correlated with economic growth. The variable for corruption in this study however measures the control of corruption in each country, so we will be looking at the institutional quality and …

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Litigation-Fostered Bureaucratic Autonomy: Administrative Law Against Political Control, Daniel E. Walters Jan 2013

Litigation-Fostered Bureaucratic Autonomy: Administrative Law Against Political Control, Daniel E. Walters

Faculty Scholarship

The idea of political control dominates our understanding of both what administrative law does and what it should do. This emphasis on political control, however, downplays the important ways that administrative law facilitates resistance to political control in administrative agencies. In this article, I offer studies of two instances in which agencies harnessed the power of seemingly standard administrative law litigation to resist the imposition of policies by political leadership. I classify these kinds of modes of resistance as instances of “litigation-fostered bureaucratic autonomy” and flesh out the mechanisms that drive the process. Acknowledging the role of such modes of …

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