Numerous earlier studies have, for the most part, found empirical support for the Tiebout-Tullock hypothesis for the periods of the 1950s and 1960s. The present study draws on more recent data, including the 1980 Census of the Population, to find additional new support for the Tiebout-Tullock...

The original Buchanan-Tullock formulation of collective decision-making costs may be expanded to: <Equation ID="E1"> <EquationSource Format="TEX"> $$C_i =C_i (N_a ,N,H)$$ </EquationSource> </Equation> <Equation ID="E2"> <EquationSource Format="TEX"> $$D_i =D_i (N_a ,H)$$ </EquationSource> </Equation> <Equation ID="E3"> <EquationSource Format="TEX"> $$G_i =G_i (N,H)$$ </EquationSource> </Equation> Analysis of the effects of group size (N), decision rules (N <Subscript> a </Subscript>), and homogeneity (H) on external costs (C <Subscript> i </Subscript>),...</subscript></subscript></equationsource></equation></equationsource></equation></equationsource></equation>

This brief article seeks empirically to measure rate differentials in electric utility rate structures. A Gini coefficient is developed which measures the degree of inequality in rates charged to various electric customer classes. A high Gini coefficient is associated with large rate differences...

Purpose – This study aims to analyze withdrawn shareholder proposals to gain insight into the role of shareholder proposals in the governance of public corporations. Design/methodology/approach – A cursory look at the data suggests that unions are the most likely group to withdraw proposals....

Purpose: The purpose of this study is to empirically investigate the impact of aggregate federal personal income tax evasion on the real interest rate yield on 10-year Treasury notes, 20-year Treasury bonds and 30-year US Treasury bonds. Design/methodology/approach: An open-economy loanable...

Purpose: This study investigates the impact of federal income tax rates and budget deficits on the nominal interest rate yield on high-grade municipal tax-free bonds (municipals) in the US. The 58-year study period covers the years 1959 through 2016 and thus is very recent....