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Exploring economics [Hauptbd.]
In: Exploring economics [Hauptbd.]
Tackling Juvenile Crime
In: The Journal of social, political and economic studies, Band 21, Heft 2, S. 191-197
ISSN: 0278-839X, 0193-5941
Explores the potential benefits that lowering the age at which offenders are tried as adults from 18 to 16 (or 15) would have on juvenile crime. US Dept of Justice statistics indicate increases in juvenile crime 1988-1992 (particularly violent crimes), but only 5% of juveniles are tried in federal courts as adults & in many states, felonies committed by minors are not made public. Because of the recidivism among juvenile offenders, reclassifying them as adults would mean that many would serve longer sentences because they would not be treated as first-time offenders, & adult courts are less lenient. It is proposed that longer sentences would result in less crime committed by repeat juvenile offenders & also serve as a deterrent. 7 References. C. Haywood
The Effects of Alternative Regional Delineations on Historical Interpretation
In: Economic Forum, Band XII
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Political Power and Curbing the Growth in U.S. Government Spending
In: Journal of Social, Political and Economic Studies, Vol. 21, No. 4, pp. 421-429, Winter 1996
SSRN
Intertemporal Choice, Hostile Takeovers and the Principal-Agent Problem: Corporate Managers Versus Political Agents
In: Journal of Social, Political and Economic Studies, Vol. 17, No. 2, Summer 1992
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Why the kinked demand curve may still be useful
In: The European journal of the history of economic thought, Band 28, Heft 4, S. 559-576
ISSN: 1469-5936
Optimal Public Policy Against Identity Theft
In: The American economist: journal of the International Honor Society in Economics, Omicron Delta Epsilon, Band 62, Heft 2, S. 217-221
ISSN: 2328-1235
Cross Price Elasticity and Income Elasticity of Demand: Are Your Students Confused?
In: The American economist: journal of the International Honor Society in Economics, Omicron Delta Epsilon, Band 54, Heft 2, S. 107-110
ISSN: 2328-1235
The authors demonstrate that most textbooks are ambiguous at best in their treatment of cross price 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.
Computing the Extent of Circumvention of Proposition 13: A Response
In: The American journal of economics and sociology, Band 59, Heft 1, S. 133-140
ISSN: 1536-7150
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'mvention "n only marginal"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, instead of changes in the levels of variables as their primary measure.
An Alternative Tale of Two Tax Jurisdictions: A Reply
In: The American journal of economics and sociology, Band 58, Heft 3, S. 533-536
ISSN: 1536-7150
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 levels 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 Cebula cites.
A Tale of Two Tax Jurisdictions:: The Surprising Effects of California's Proposition 13 and Massachusetts'Proposition 2½
In: The American journal of economics and sociology, Band 57, Heft 2, S. 123-134
ISSN: 1536-7150
ABSTRACT California's Proposition 13 and Massachusetts'Proposition 2½ attempted to shrink state and local tax burdens by reducing property taxes and limiting future tax growth. Both initially succeeded. However, following a brief lag, those governments made up lost revenues primarily through increased non‐tax fees and charges; within a decade, real per capita revenues and expenditures exceeded their pre‐tax revolt peaks. This development is consistent with the hypothesis that voter‐initiated limits on a subset of revenue sources, intended to reduce state and local tax burdens, succeed temporarily but are then undermined by expansions in other revenue sources.