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Social and Behavioral Sciences Commons™
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- Economic Education (14)
- Political Economy (10)
- Miscellaneous (9)
- Urban/Regional Economics (9)
- Demand (4)
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- Economic education (4)
- Supply (4)
- Wage compensation (4)
- Amenities (3)
- American Economic History (3)
- Environmental Economics/Public Economics (3)
- Labor markets (3)
- Regional choice (3)
- Abandonment of automobiles (2)
- Burden of Taxation (2)
- City size externalities (2)
- Crime (2)
- Cross-price elasticity (2)
- Economic growth (2)
- Educational attainment (2)
- Educational choice (2)
- Elasticity (2)
- Enforcement (2)
- Environmental quality (2)
- Incentives (2)
- Income elasticity (2)
- Inter-firm comparisons (2)
- Inventories (2)
- Litter (2)
- Long-run marginal cost curve (2)
- Publication Year
Articles 1 - 30 of 40
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
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."
The Educational Choice Anomaly For Principles Students: Using Ordinary Supply And Demand Rather Than Indifference Curves, Philip E. Graves, Robert L. Sexton, Lauren Calimeris
The Educational Choice Anomaly For Principles Students: Using Ordinary Supply And Demand Rather Than Indifference Curves, Philip E. Graves, Robert L. Sexton, Lauren Calimeris
Robert L Sexton
The “surprise value” of many economic observations makes our discipline quite interesting for many students. One such anomaly is that providing “free” education in an effort to reduce the number of dropouts can often result in a lower level of educational quality purchased. This result is easy to show with indifference curves, but many instructors of introductory courses do not introduce this analytical technique. As a consequence, a result that many students find quite interesting is seldom presented. We show here that it is easy to clarify the educational choice anomaly with ordinary supply and demand curves. Moreover, the exercise …
The Educational Choice Anomaly For Principles Students: Using Ordinary Supply And Demand Rather Than Indifference Curves, Philip E. Graves, Robert L. Sexton, Lauren Calimeris
The Educational Choice Anomaly For Principles Students: Using Ordinary Supply And Demand Rather Than Indifference Curves, Philip E. Graves, Robert L. Sexton, Lauren Calimeris
Robert L Sexton
The “surprise value” of many economic observations makes our discipline quite interesting for many students. One such anomaly is that providing “free” education in an effort to reduce the number of dropouts can often result in a lower level of educational quality purchased. This result is easy to show with indifference curves, but many instructors of introductory courses do not introduce this analytical technique. As a consequence, a result that many students find quite interesting is seldom presented. We show here that it is easy to clarify the educational choice anomaly with ordinary supply and demand curves. Moreover, the exercise …
Cross-Price Elasticity And Income Elasticity Of Demand: Are Your Students Confused?, Philip E. Graves, Robert L. Sexton
Cross-Price Elasticity And Income Elasticity Of Demand: Are Your Students Confused?, Philip E. Graves, Robert L. Sexton
Robert L Sexton
The authors demonstrate that most textbooks are ambiguous at best in their treatment of cross-price elasticity and income elasticity of demand. There is also no discussion of what initiates a price increase in discussions of substitutes and complements in the textbooks examined. The authors offer a remedy for these deficiencies.
Cross-Price Elasticity And Income Elasticity Of Demand: Are Your Students Confused?, Philip E. Graves, Robert L. Sexton
Cross-Price Elasticity And Income Elasticity Of Demand: Are Your Students Confused?, Philip E. Graves, Robert L. Sexton
Robert L Sexton
The authors demonstrate that most textbooks are ambiguous at best in their treatment of cross-price elasticity and income elasticity of demand. There is also no discussion of what initiates a price increase in discussions of substitutes and complements in the textbooks examined. The authors offer a remedy for these deficiencies.
Using Short Movie And Television Clips In The Economics Principles Class, Robert L. Sexton
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.
Demand And Supply Curves: Rotations Versus Shifts, Philip E. Graves, Robert L. Sexton
Demand And Supply Curves: Rotations Versus Shifts, Philip E. Graves, Robert L. Sexton
Robert L Sexton
There is no abstract for this brief contribution.
Demand And Supply Curves: Rotations Versus Shifts, Philip E. Graves, Robert L. Sexton
Demand And Supply Curves: Rotations Versus Shifts, Philip E. Graves, Robert L. Sexton
Robert L Sexton
There is no abstract for this brief contribution.
New Entry And The Rate Of Return To Education: The Case Of Registered Nurses, Surrey Walton, Philip E. Graves, Robert L. Sexton
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
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
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
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 …
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 …
Slope Versus Elasticity And The Burden Of Taxation, Philip E. Graves, Robert L. Sexton, Dwight R. Lee
Slope Versus Elasticity And The Burden Of Taxation, Philip E. Graves, Robert L. Sexton, Dwight R. Lee
Robert L Sexton
There is no abstract for this brief paper.
Slope Versus Elasticity And The Burden Of Taxation, Philip E. Graves, Robert L. Sexton, Dwight R. Lee
Slope Versus Elasticity And The Burden Of Taxation, Philip E. Graves, Robert L. Sexton, Dwight R. Lee
Robert L Sexton
There is no abstract for this brief paper.
Restrictiong Taxation: The Impact Of Proposition 13 On California Tax And Expenditure Trends, Robert L. Sexton, Gary M. Galles
Restrictiong Taxation: The Impact Of Proposition 13 On California Tax And Expenditure Trends, Robert L. Sexton, Gary M. Galles
Robert L Sexton
No abstract provided.
Union Myopia And The Taxation Of Capital, Dwight Lee, Robert L. Sexton, Philip E. Graves
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
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
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.
Speed Variance, Enforcement, And The Optimal Speed Limit, Philip E. Graves, Dwight Lee, Robert L. Sexton
Speed Variance, Enforcement, And The Optimal Speed Limit, Philip E. Graves, Dwight Lee, Robert L. Sexton
Robert L Sexton
A model of the optimal speed limit is developed which explicitly recognizes the roles of average speed, speed variance, and the level of enforcement. An unusual result emerges, namely that a higher speed limit may be optimal when reducing the variance in highway speeds reduces accident externalities.
The Short-And Long-Run Marginal Cost Curve: A Pedagogical Note, Robert L. Sexton, Philip E. Graves, Dwight R. Lee
The Short-And Long-Run Marginal Cost Curve: A Pedagogical Note, Robert L. Sexton, Philip E. Graves, Dwight R. Lee
Robert L Sexton
There is no abstract for this brief contribution.
The Short-And Long-Run Marginal Cost Curve: A Pedagogical Note, Robert L. Sexton, Philip E. Graves, Dwight R. Lee
The Short-And Long-Run Marginal Cost Curve: A Pedagogical Note, Robert L. Sexton, Philip E. Graves, Dwight R. Lee
Robert L Sexton
There is no abstract for this brief contribution.
The Short- And Long-Run Marginal Cost Curve: A Pedagogical Note, Robert L. Sexton, Philip E. Graves
The Short- And Long-Run Marginal Cost Curve: A Pedagogical Note, Robert L. Sexton, Philip E. Graves
Robert L Sexton
No abstract provided.
Incorporating Inventories Into Supply And Demand Analysis, Robert L. Sexton, Robert W. Clower, Philip E. Graves, Dwight R. Lee
Incorporating Inventories Into Supply And Demand Analysis, Robert L. Sexton, Robert W. Clower, Philip E. Graves, Dwight R. Lee
Robert L Sexton
There is no abstract for this brief contribution.
Incorporating Inventories Into Supply And Demand Analysis, Robert L. Sexton, Robert W. Clower, Philip E. Graves, Dwight R. Lee
Incorporating Inventories Into Supply And Demand Analysis, Robert L. Sexton, Robert W. Clower, Philip E. Graves, Dwight R. Lee
Robert L Sexton
There is no abstract for this brief contribution.
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.
Statutes Versus Enforcement: The Case Of The Optimal Speed Limit, Philip E. Graves, Dwight R. Lee, Robert L. Sexton
Statutes Versus Enforcement: The Case Of The Optimal Speed Limit, Philip E. Graves, Dwight R. Lee, Robert L. Sexton
Robert L Sexton
There was no abstract for this paper.
Statutes Versus Enforcement: The Case Of The Optimal Speed Limit, Philip E. Graves, Dwight R. Lee, Robert L. Sexton
Statutes Versus Enforcement: The Case Of The Optimal Speed Limit, Philip E. Graves, Dwight R. Lee, Robert L. Sexton
Robert L Sexton
There was no abstract for this paper.
A Pollution Control Approach To Analysis Of The Balanced Budget Amendment, Robert L. Sexton, Dwight R. Lee
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 …