Public Policy Commons^™

Myths And Realities About Rising College Tuition, David H. Feldman

David Feldman

The list-price tuition at U.S. colleges and universities has risen by roughly 7% per year since the early 1980s. The inflation rate has averaged just 3.2%. These are some of the numbers that fuel public anxiety about how to pay for higher education.

The story of rising tuition is complex. Unfortunately, much of the public discussion about the cost of attendance is too simplistic. To understand the reasons for rising tuition, and the effect that this has on families, we need to break down the forces that affect how tuition is set and that determine who pays the bill.

The Anatomy Of College Tuition, Robert B. Archibald, David H. Feldman

David Feldman

A report by Robert B. Archibald and David H. Feldman based on their book, Why Does College Cost So Much? explores an economic framework for the forces driving college tuition.

Does Federal Aid Drive College Tuition?, Robert B. Archibald, David H. Feldman

David Feldman

The “greedy colleges” thesis conflicts with how nonprofit universities decide on admissions and pricing.

A Quality-Preserving Increase In Four-Year College Attendance, Robert B. Archibald, David H. Feldman, Peter Mchenry

David Feldman

We use the National Longitudinal Study of the High School Class of 1972 and the Education Longitudinal Study of 2002 data sets to evaluate changes in the college matching process. Rising attendance rates at 4-year institutions have not decreased average preparedness of college goers or of college graduates, and further attendance gains are possible before diminishing returns set in. We use multinomial logic models to demonstrate that measures of likely success (grade point average) became more predictive of college attendance over time, while other student characteristics such as race and parents’ education became less predictive. Our evidence suggests that schools …

The Effects Of Natural Resource Dependence And Democracy On The Incremental Budgeting Theory And Punctuated Equilibrium Within A Budgetary Context, Barrak Algharabali

Barrak Algharabali

Immigration, Employment Opportunities, And Criminal Behavior, Matthew Freedman, Emily Owens, Sarah Bohn

Matthew Freedman

Multilevel Marketing Diffusion And The Risk Of Pyramid Scheme Activity: The Case Of Fortune Hi‐Tech Marketing In Montana, Stacie A. Bosley, Kim Mckeage

Stacie Bosley

While statisticians have simulated the expected rate of growth in pyramid schemes, this research examines actual data on the spread of an alleged pyramid scheme in Montana. Fortune Hi-Tech Marketing (FHTM) was a multilevel marketing firm, sued by six states and the Federal Trade Commission and permanently shut down in 2014. Data from a settlement with the State of Montana provide a population of participants in a geographic region with definable markets and offer unique insights into local contagion. The authors analyze the pattern of FHTM adoption within a diffusion-of-innovation framework. The findings confirm that nearly all adoption results from …

Gop Denying Women Basic Economic Rights, Alev Dudek

Alev Dudek

Implications Of Global Warming: Two Eras, Philip E. Graves

PHILIP E GRAVES

The purpose of the present paper is to attempt to gain insights into the implications of global warming that is anticipated in the future. In attempting to think about really long-term regional implications, it seems naïve to look at global warming without thinking about long-standing trends in other variables that would be expected to interact with climate change over time. I envision two quite different “eras,” a first filled with considerable danger of both economic and environmental collapse. But—if humanity survives the first period—a second period of great promise for humanity and the global ecosystem is likely to take place. …

Tax Incentives And Housing Investment In Low-Income Neighborhoods, Matthew Freedman

Matthew Freedman

This paper examines how tax incentives to promote housing investment affect communities by exploiting the lottery structure of Missouri’s Neighborhood Preservation Act (NPA). The NPA offers tax credits to homeowners and developers that improve or expand the owner-occupied housing stock in low-income areas. Taking advantage of the random assignment of NPA tax credits and detailed property-level data, I find that the program increases construction activity modestly. There are positive but highly localized spillovers on neighbors’ investment behavior. Spillovers on property values are larger in geographic scope, implying important roles for both neighbor interactions and amenity effects in local housing markets.

Place-Based Programs And The Geographic Dispersion Of Employment, Matthew Freedman

Matthew Freedman

Public Actors In Private Markets: Toward A Developmental Finance State, Robert Hockett, Saule Omarova

Saule T. Omarova

The recent financial crisis brought into sharp relief fundamental questions about the social function and purpose of the financial system, including its relation to the “real” economy. This Article argues that, to answer these questions, we must recapture a distinctively American view of the proper relations among state, financial market, and development. This programmatic vision – captured in what we call a “developmental finance state” – is based on three key propositions: (1) that economic and social development is not an “end-state” but a continuing national policy priority; (2) that the modalities of finance are the most potent means of …

Low-Income Housing Development, Poverty Concentration, And Neighborhood Inequality, Matthew Freedman, Tamara Mcgavock

Matthew Freedman

Economics-Based Environmentalism In The Fourth Generation Of Environmental Law, Donald J. Kochan

Donald J. Kochan

Environmental protection and economic concerns are not mutually exclusive. This article explores some of the issues of economic analysis that might arise as we approach the fourth generation of environmental law. It explains ways that economic analysis can be employed to generate the best environmental rules, including measures under what this article terms as "economics-based environmentalism." Economics-based environmentalism contends that the advantages of using economic principles within a “polycentric toolbox” of environmental law come from the benefits available in private ordering, markets, property rights, liability regimes and incentives structures that will better protect the environment than alternatives like state-based interventionist, …

Perspectives On The Global Financial Crisis From Emerging Managers And Public Policy Makers [Full Version], James L. Grant

James L. Grant

This manuscript attempts to capture the perspectives of emerging managers and public policy makers as evinced in the perspectives of graduate students and others who were enrolled in my newly developed course on the global financial crisis—first offered in the 2010 Harvard Summer Economics Program—at a time when students were engaged in the midst and aftermath of the most severe U.S. and worldwide recession since the Great Depression of the early 1930s. The many perspectives gathered on the causes, consequences, remedies, and perhaps more importantly, a glimpse at student thoughts, concerns, and worries at the time—have been collected from the …

Undeclared Work In Croatia: A Baseline Assessment, Josip Franic, Colin C. Williams

Colin C Williams

The aim of this report is to evaluate the extent and nature of undeclared work in Croatia and the policy approaches and measures currently employed to tackle this sphere. Extent and nature of undeclared work In recent years, there have been substantial efforts to reduce undeclared work in Croatia. Faced with significant deficits in the public budget, the government has sought effective policy responses that would result in increased compliance. Nonetheless, it is hard to know whether these strategies are resulting in a decrease in the prevalence of undeclared work. While some studies of the magnitude of undeclared work suggest …

Your Friends And Neighbors: Localized Economic Development And Criminal Activity, Matthew Freedman, Emily Owens

Matthew Freedman

We exploit a sudden shock to demand for a subset of low-wage workers generated by the 2005 Base Realignment and Closure (BRAC) program in San Antonio, Texas to identify the effects of localized economic development on crime. We use a difference-in-difference methodology that takes advantage of variation in BRAC’s impact over time and across neighborhoods. We find that appropriative criminal behavior increases in neighborhoods where a fraction of residents experienced increases in earnings. This effect is driven by residents who were unlikely to be BRAC beneficiaries, implying that criminal opportunities are important in explaining patterns of crime.

Forthcoming in the …

Response To Questions In The First White Paper, 'Modernizing The Communications Act', Randolph J. May, Richard A. Epstein, Justin (Gus) Hurwitz, Daniel Lyons, James B. Speeta, Christopher S. Yoo

Daniel Lyons

The House Energy and Commerce Committee has begun a process to review and update the Communications Act of 1934, last revised in any material way in 1996. As the Committee begins the review process, this paper responds to questions posed by the Committee that all relate, in fundamental ways, to the question: "What should a modern Communications Act look like?" The Response advocates a "clean slate" approach under which the regulatory silos that characterize the current statute would be eliminated, along with almost all of the ubiquitous 'public interest' delegation of authority found throughout the Communications Act. The replacement regime …

The Greater Boston Housing Report Card 2013: What Follows The Housing Recovery?, Barry Bluestone, Eleanor White, Noah Hodgetts, Michael Gleba, Nancy Lee, Monika Kondura, Tim Davis

Nancy S. Lee

No abstract provided.

The Mask Of Virtue: Theories Of Aretaic Legislation In A Public Choice Perspective, Donald J. Kochan

Donald J. Kochan

The Greater Boston Housing Report Card 2013: What Follows The Housing Recovery?, Barry Bluestone, Eleanor White, Noah Hodgetts, Michael Gleba, Nancy Lee, Monika Kondura, Tim Davis

Barry Bluestone

No abstract provided.

Final First Year Progress Report, Barry Bluestone, Eleanor While

Barry Bluestone

No abstract provided.

Weston Housing Survey, Bonnie Heudorfer, Stein Helmrich, Barry Bluestone

Barry Bluestone

No abstract provided.

World Class Housing Collaborative Progress Report: Cumulative Through June 2002, Barry Bluestone, Eleanor White

Barry Bluestone

No abstract provided.

Building On Our Heritage: A Housing Strategy For Smart Growth And Economic Development, Edward C. Carman, Barry Bluestone, Eleanor White

Barry Bluestone

No abstract provided.

Chapter 40r: School Cost Analysis And Proposed Smart Growth School Cost Insurance Supplement, Edward C. Carman, Barry Bluestone, Eleanor White

Barry Bluestone

No abstract provided.

The Greater Boston Housing Report Card 2004: An Assesment Of Progress On Housing In The Greater Boston Area, Bonnie Heudorfer, Barry Bluestone

Barry Bluestone

No abstract provided.

The Greater Boston Housing Report Card 2005-2006; An Assesment Of Progress On Housing In The Greater Boston Area, Bonnie Heudorfer, Barry Bluestone

Barry Bluestone

No abstract provided.

The Greater Boston Housing Report Card 2012: A New "New Paradigm" For Housing In Greater Boston, Barry Bluestone, Chase Billingham, Eleanor White, Marvin Siflinger, Tim Davis, Tim Reardon

Barry Bluestone

No abstract provided.

The Greater Boston Housing Report Card 2002, Ryan Allen, Barry Bluestone, Bonnie Heudorfer, Gretchen Weismann

Barry Bluestone

No abstract provided.