A study of the effects of bank structure and profitability on the births of new firms, arguing that local credit markets potentially affect firm location decisions.

An examination of the effects of price and availability of credit from commercial lending organizations on the start-up rates of new businesses within specific markets, finding that profitable and competitive banking markets are associated with higher rates of firm births.

An examination of the costs and benefits of cutbacks in federal aid to state and local governments during the 1980s, concluding that less reliance on federal funds may result in long-term benefits.

A test of whether the enactment of a dedicated tax leads to higher payroll and wages for public employees, by means of survey results from the local mass-transit industry.

An examination of capital policies in the public and private sector through analysis of the scrappage decisions of local mass-transit providers, showing that the structure of federal grants has a direct impact on scrappage rates that leads to shorter equipment life in the local public sector.

A study of how state and federal grants affect the maintenance policies of local mass-transit providers, showing that private owners of transit capital devote significantly greater resources to maintenance than do public owners of similar capital.

An analysis of the effects of race-based housing subsidies on racial composition and housing prices, examining their impacts in Shaker Heights, Ohio.