This study examines the effects of home-state unemployment rates on attrition behavior of Navy enlistees for successive career windows during the first term of service: the first 6 months, the second 6 months, the second year, and the third year of service. The results indicate that attrition is...

Prior research on the labor market success of secondary vocational education has produced mixed results, with several studies finding wage gains only for individuals who work in training-related occupations. We contribute to this debate by focusing on a single occupation and organization and by...

It has been argued that organizations which are unable to directly appropriate any of the firm's residual earnings tend to experience various forms of wealth-taking by managers (Alchian and Kessel, 1962). This wealth-taking has been observed in privately-owned, regulated firms (Nelson, 1980) as...

Our results confirm the existence of a positive direct effect of cross subsidies from municipally owned water utilities on city spending. While the results are consistent with the hypothesis that internal subsidization creates a fiscal illusion, they are also consistent with vote-maximizing...