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Full-Text Articles in Economic Policy

Spillovers Of Veterans Hospice Care: The Economic And Social Impact Of Palliative Care, Maximiliano Mendieta, Bruce D. Mcdonald Iii Dec 2012

Spillovers Of Veterans Hospice Care: The Economic And Social Impact Of Palliative Care, Maximiliano Mendieta, Bruce D. Mcdonald Iii

Bruce D. McDonald, III

In exchange for military service in the United States, soldiers are promised a benefits package inclusive of health and education after the completion of their service. While the economic effects of the defense-growth relationship are well known, this study takes a unique approach to understanding the relationship between veterans and society by investigating the social and economic spillovers of veterans hospice care. This study shows that as an early adopter of hospice care, the U.S. Department of Veterans Affairs maximized its efficiency through sponsoring innovative research on geriatric care, introducing competition into the health sector, and legitimizing death and dying …


What We Do And Do Not Know: The Social Implications Of Defense, Bruce D. Mcdonald Iii Dec 2012

What We Do And Do Not Know: The Social Implications Of Defense, Bruce D. Mcdonald Iii

Bruce D. McDonald, III

The relationship between defense spending and economic growth has been a major topic of research and political debate for more than one hundred years. Although the relationship of interest is economically oriented, its theoretical underpinning has relied upon the social spillovers of the defense sector. This includes programs on community health, education, and access to technology. Despite this reliance, little is known about what social spillovers. This paper furthers our understanding of the defense-growth relationship by introducing the social spillovers that exist and clarifying how those spillovers occur. The author concludes with a discussion about the direction of future research …


Reconsidering The Defense-Growth Relationship: Evidence From The Islalmic Republic Of Iran, Bruce D. Mcdonald Iii Jan 2012

Reconsidering The Defense-Growth Relationship: Evidence From The Islalmic Republic Of Iran, Bruce D. Mcdonald Iii

Bruce D. McDonald, III

Recent literature has failed to reach a consensus on how best to model the defense-growth relationship. Although several attempts have been made to solve the problem by the theoretical comparison of models, empirical attempts of comparison have been largely restricted to the United States. Given the recent criticism of the Feder-Ram model, this paper uses Iranian data to compare the performance of the Feder-Ram and augmented Solow models in the context of a growing, yet heavily militarized, economy. The results indicate that the improved ability of the augmented Solow model to explain economic growth can better account for the effects …


Moving Toward Comparability: Assessing Per-Student Costs In K-12, Robert J. Eger Iii, Bruce D. Mcdonald Iii Dec 2011

Moving Toward Comparability: Assessing Per-Student Costs In K-12, Robert J. Eger Iii, Bruce D. Mcdonald Iii

Bruce D. McDonald, III

The current classifications for public school costs are provided by the National Center for Educational Statistics. To improve comparability between school districts, this paper provides an alternative classification with fewer numbers of expenditure categories and sub-categories. We also introduce distinctions between school-based and non-school based administration costs and between elementary and secondary schools to provide an identification of possible sources of inefficiency. The new classification is then applied to five comparable urban school districts Atlanta, Boston, Mobile, Nashville, and Newark. We find (1) that teacher salaries per student are affected by school level disaggregation; (2) that separating administrative costs into …


The Bureau Of Municipal Research And The Development Of A Professional Public Service, Bruce D. Mcdonald Iii Jan 2010

The Bureau Of Municipal Research And The Development Of A Professional Public Service, Bruce D. Mcdonald Iii

Bruce D. McDonald, III

This paper explores the professionalization of public administration in terms of its relation to the New York Bureau of Municipal Research. The formation of the New York Bureau of Municipal Research in 1907 served as the catalyst for the creation and expansion of a professional public service. Though public administration has failed to transform into a profession, this paper shows that the Bureau contributed to professionalization by (1) developing a body of knowledge and theory for the field; (2) developing a school in which to train persons in that knowledge; and, (3) promoting a place that the training and knowledge …