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Full-Text Articles in Public Policy
Analyzing Performance Skewness In Public Agencies: The Case Of Urban Mass Transit, Herman L. Boschken
Analyzing Performance Skewness In Public Agencies: The Case Of Urban Mass Transit, Herman L. Boschken
Herman L. Boschken
Previous studies of public organizational performance have focused mostly on operating efficiency, without dealing with the complex accountability problems associated with plural public interests. The fact that an agency exhibits multiple and often paradoxical performances has not been of comparable concern. This failure to account for performance in a multiple-constituencies context has led to a narrow view of how well agencies do. To broaden the research on agency performance, a multiple-constituencies model is introduced and tested for statistically significant variances. The findings confirm the model's robustness in structuring a dependent variable for empirical research on why agencies perform toward different …
General Equilibrium Of A Regional Economy With A Financial Sector - Part Ii: A Simple Behavioral Model, Merritt R. Hughes
General Equilibrium Of A Regional Economy With A Financial Sector - Part Ii: A Simple Behavioral Model, Merritt R. Hughes
Merritt R Hughes
Simple behavioral assumptions are incorporated into an accounting framework that provides linked budget and balance sheets for sectors of a regional economy. A short-run Keynesian-type model is developed where quantities rather than prices adjust, and where regional prices and interest rates are equal to national levels. The analysis highlight the importance of the financial services sector as an active factor in regional growth. Consumer deposits and debt preferences, and limitations imposed on credit extension by the financial services sector can have important effects on the regional economy as evidenced by changes in the export multiplier.