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Articles 1 - 13 of 13

Full-Text Articles in Social and Behavioral Sciences

The Lasting Effects Of Crime: The Relationship Of Discovered Methamphetamine Laboratories And Home Values, Joshua Congdon-Hohman Nov 2011

The Lasting Effects Of Crime: The Relationship Of Discovered Methamphetamine Laboratories And Home Values, Joshua Congdon-Hohman

Economics Department Working Papers

This study estimates a household’s willingness to pay to avoid the stigma of crime while minimizing concerns of omitted variable bias. By assuming methamphetamine producers locate approximately at random within a narrowly defined neighborhood, this study is able to use hedonic estimation methods to estimate the impact of the discovery of a methamphetamine laboratory on the home values near that location. Specifically, the analysis designates those closest to the site as the treated, while those slightly farther away act as the comparison group. The discovery of a methamphetamine laboratory has a significant effect on the property values of those homes …


Spousal Labor Market Effects From Government Health Insurance: Evidence From A Veterans Affairs Expansion, Melissa A. Boyle, Joanna N. Lahey Aug 2011

Spousal Labor Market Effects From Government Health Insurance: Evidence From A Veterans Affairs Expansion, Melissa A. Boyle, Joanna N. Lahey

Economics Department Working Papers

Although government expansion of health insurance to older workers leads to labor supply reductions for recipients, there may be spillover effects on the labor supply of affected spouses who are not covered by the programs. In the simplest model, health insurance on the job is paid for in terms of lower compensation on the job. Receiving health insurance exogenous to employment is akin to a positive income shock for the household, causing total household labor supply to drop. However, it is not clear within the household whether this decrease in labor supply will be borne by both spouses or by …


The Economics Of Lotteries: An Annotated Bibliography, Kent Grote, Victor Matheson Aug 2011

The Economics Of Lotteries: An Annotated Bibliography, Kent Grote, Victor Matheson

Economics Department Working Papers

This paper presents an annotated bibliography of all papers relating to the economics of lotteries as of early to mid 2011. All published scholarly papers that could be identified by the authors are included along with the published abstract where available.


An Evaluation Of The Economic Impact Of National Football League Mega-Events, Robert Baade, Victor Matheson Aug 2011

An Evaluation Of The Economic Impact Of National Football League Mega-Events, Robert Baade, Victor Matheson

Economics Department Working Papers

This paper evaluates the magnitude and the economic impact of NFL mega-events including the Pro Bowl and Super Bowl. The paper also reviews the theory behind the usual findings that the observed economic benefits of mega-events are almost always a fraction of the benefits claimed a priori.


The Economics Of Lotteries: A Survey Of The Literature, Kent Grote, Victor Matheson Aug 2011

The Economics Of Lotteries: A Survey Of The Literature, Kent Grote, Victor Matheson

Economics Department Working Papers

Lotteries represent an important source of government revenues in many states and countries, so they are of interest to public finance economists. In addition, lotteries provide researchers interested in microeconomic theory and consumer behavior with a type of experimental lab that allows economists to explore these topics. This paper surveys the existing literature on lotteries organized around these two central themes. The first section examines the microeconomic aspects of lotteries including consumer decision-making under uncertainty, price and income elasticities of demand for lottery tickets, cross-price elasticities of lottery ticket to each other and to other gambling products, consumer rationality and …


International Women's Soccer And Gender Inequality: Revisited, Joshua Congdon-Hohman, Victor Matheson Aug 2011

International Women's Soccer And Gender Inequality: Revisited, Joshua Congdon-Hohman, Victor Matheson

Economics Department Working Papers

A number of authors have identified the determinants of success in international sporting competitions such as the Olympics and soccer’s World Cup. This paper serves to update past work on international women’s soccer performance given the rapid development of the game over the past decade. We compare the determinants of men’s international soccer team performance with that of their female counterparts and find that a different set of variables are important in explaining success for the two genders. While economic and demographic influences hold for both, the impacts of specific political and cultural factors diverge. In particular, Latin heritage predicts …


Gender Differences In Competitive Balance In Intercollegiate Basketball, Jaret Treber, Rachel Levy, Victor Matheson Aug 2011

Gender Differences In Competitive Balance In Intercollegiate Basketball, Jaret Treber, Rachel Levy, Victor Matheson

Economics Department Working Papers

This paper adds to the literature on competitive balance in college sports by comparing men's and women's NCAA basketball. Using data from the Division I National Championships, we find evidence consistent with the idea that women’s college basketball is less competitively balanced than men’s college basketball. We argue that this difference may be explained by a theory of player ability borrowed from evolutionary biology first promulgated by paleontologist Stephen Jay Gould and subsequently utilized in Berri (2004). An implication of this idea is that competitive balance in women’s NCCA basketball will naturally improve over time. This is good news for …


Optimal Capital Taxation And Consumer Uncertainty, Justin Svec Aug 2011

Optimal Capital Taxation And Consumer Uncertainty, Justin Svec

Economics Department Working Papers

This paper analyzes the impact of consumer uncertainty on optimal fiscal policy in a model with capital. The consumers lack confidence about the probability model that characterizes the stochastic environment and so apply a max-min operator to their optimization problem. An altruistic fiscal authority does not face this Knightian uncertainty. It is shown analytically that the government, in responding to consumer uncertainty, no longer sets the expected capital tax rate exactly equal to zero, as is the case in the full-confidence benchmark model. However, our numerical results indicate that the government does not diverge far from this value. Even though …


Stealing History: How Does Provenance Affect The Price Of Antiquities?, Katherine Kiel, Katherine Tedesco Jun 2011

Stealing History: How Does Provenance Affect The Price Of Antiquities?, Katherine Kiel, Katherine Tedesco

Economics Department Working Papers

In 1982, the United States passed legislation that partially implemented the UNESCO Treaty, the Cultural Property Implementation Act. Despite the fact that the United States signed onto this treaty, it was common knowledge in the antiquities world that the enforcement of these laws has been lax, and the illegal sale of artifacts has continued. In December 2005, the Italian government took the Curator of Antiquities at the Getty Museum Marion True and Robert Hecht (a well-known antiquities dealer) to trial for conspiracy to buy and sell looted artifacts. This paper tests whether a good provenance increases the price of an …


Estimating Economic Impact Using Ex Post Econometric Analysis: Cautionary Tales, Robert Baumann, Victor Matheson May 2011

Estimating Economic Impact Using Ex Post Econometric Analysis: Cautionary Tales, Robert Baumann, Victor Matheson

Economics Department Working Papers

This paper provides an overview of techniques that can be used to estimate the economic impact of stadiums, events, championships, and franchises on local economies. Utilizing data from National Collegiate Athletic Association championships, this paper highlights the potential problems that can be made if city and time effects are not handled and unit-roots are not accounted for. In addition, the paper describes the technique for estimating dynamic panel data and the advantages that come with these modeling techniques.


Labor Market Effects Of The World Cup: A Sectoral Analysis, Robert Baumann, Bryan Engelhardt, Victor Matheson May 2011

Labor Market Effects Of The World Cup: A Sectoral Analysis, Robert Baumann, Bryan Engelhardt, Victor Matheson

Economics Department Working Papers

This paper provides an empirical examination of impact the 1994 FIFA World Cup in the United States on local employment. In contrast to ex ante economic impact reports that suggest large increases in employment due to the tournament, an ex post examination of employment in 9 host metropolitan areas finds no significant impact on employment from hosting World Cup games. Furthermore, an analysis of employment in specific sectors of the economy finds no impact from hosting games on employment in the leisure and hospitality and professional and business services sectors but a statistically significant negative impact on employment in the …


Financing Professional Sports Facilities, Robert A. Baade, Victor Matheson Jan 2011

Financing Professional Sports Facilities, Robert A. Baade, Victor Matheson

Economics Department Working Papers

This paper examines public financing of professional sports facilities with a focus on both early and recent developments in taxpayer subsidization of spectator sports. The paper explores both the magnitude and the sources of public funding for professional sports facilities.


The Bottom Line: Accounting For Revenues And Expenditures In Intercollegiate Athletics, Victor Matheson, Debra J. O'Connor, Joseph H. Herberger Jan 2011

The Bottom Line: Accounting For Revenues And Expenditures In Intercollegiate Athletics, Victor Matheson, Debra J. O'Connor, Joseph H. Herberger

Economics Department Working Papers

This paper examines the profitability of Division I athletic programs at colleges and universities in the United States under a variety of accounting definitions of profit. The data identify several broad themes. First, a majority of athletic departments rely heavily on direct and indirect subsidization of their programs by the student body, the institution itself, and state governments in order to balance their books. Without such funding, less than a third of BCS athletic departments and no non-BCS departments are in the black. Second, athletic programs rely heavily on contributions to balance their books. Donations to athletic departments may serve …