Using data on academic economists in the years 1973, 1977, 1982, and 1987, the authors investigate gender differences in placement and their consequences for departmental productivity. The initial analysis shows that in the years studied, the departments that were highest-ranked on a measure of...

Recent literature has investigated whether the welfare gains from environmental taxation are larger or smaller in a second-best setting than in a first-best setting. This question has mainly been addressed indirectly, by asking whether the second-best optimal environmental tax is higher or lower...

Land-use regulations are contentious everywhere because of their potential negative effects on private property values. In recent years, so-called pay or waive compensation legislation was passed in a number of US states, requiring governments to compensate property owners for losses due to...