Showing 1 - 6 of 6
This empirical study investigates the Tiebout-Tullock hypothesis as it might have applied to net domestic state in-migration rates over the period 1990 through 1999. It appears that the net state in-migration rate has been directly related to the ratio of the total state plus local government...
Persistent link: https://www.econbiz.de/10011260031
This study empirically finds, using ECM, that the primary federal budget deficit shares a bi-directional relationship with the ex ante real interest rate yield on long term municipal bonds. That is, the primary budget deficit acts to raise the real municipal bond yield whereas that yield also...
Persistent link: https://www.econbiz.de/10011107421
This study provides recent empirical evidence on the impact of the federal budget deficit on the nominal long term mortgage interest rate yield in the U.S. The study is couched within a loanable funds model that includes the cost to financial institutions of borrowing funds, expected inflation,...
Persistent link: https://www.econbiz.de/10011108109
This study empirically examines the impact of the federal government budget on the nominal interest rate yield on US Treasury notes over the 1979-2001 period. In a system that includes the monetary base, the civilian labor force unemployment rate, the ex ante real 52 week Treasury bill rate, and...
Persistent link: https://www.econbiz.de/10011109142
The objective of this study is two-fold. First, it seeks empirically to ascertain the possible impact of differential local government policies toward (commitments to) public education on migration patterns. Second, it seeks to ascertain, simultaneously, the possible impact of migration patterns...
Persistent link: https://www.econbiz.de/10011111562
This study empirically extends the Tiebout hypothesis of "voting with one's feet" in two ways. First, it provides updated estimates using net migration data for the period 2000-2008. Second, in addition to investigating variables reflecting public education outlays, property taxation and income...
Persistent link: https://www.econbiz.de/10011112882