While theory strongly suggests that restricting development rights should reduce land prices, empirical evidence of this effect has been notoriously hard to obtain. Indeed, largely based on this difficulty a Congressional committee has recently recommended that tax benefits for such restrictions...

State Medicaid home- and community-based waiver programs for persons with AIDS (PWAs) were implemented with the expectation that PWAs would use these services in lieu of more expensive hospital-based care. If so, Medicaid spending per PWA should decline, and program costs fall. We analyze...

Head Start is a comprehensive, early childhood development program designed to augment the human capital and health capital levels of disadvantaged children. Grossman's (1972) health capital model suggests that early investments of this type should have lasting effects on health outcomes. This...

If parents expect higher market returns to schooling or additional transfers from their children, they invest more in their children's schooling. Results from models of schooling demand using data from the Malaysian Family Life Surveys of 1976 and 1989 suggest that market returns of mothers but...

The authors investigate the degree to which "creaming"-nonrandom selection of participants-in Job Training Partnership Act (JTPA) Title II-A programs is responsible for the high placement rates in those programs. An analysis of data from Tennessee JTPA agencies, in conjunction with Current...

Analyzing data from the Retirement History Study, the authors find that the retirement plans of male workers aged 58-63 in 1969 were significantly affected by unanticipated events over the next decade. Specifically, unanticipated increases in Social Security wealth induced retirement earlier...