type="main" xml:id="imre12117-abs-0001" <p>This study uses data from a survey of female labor migrants from three Central Asian countries – Kyrgyzstan, Tajikistan, and Uzbekistan – in Moscow, Russia, to examine factors that influence these women's plans to return to their home countries. The...</p>

Yields on sovereign and municipal bonds are largely determined by perceptions of default risk. The traditional providers of default risk assessments are the credit rating agencies, which have of late suffered damaged reputations. The author, a former Senior Director at Moody’s Analytics,...

In this note we use a variable parameter model to test for asymmetries in the treatment of intergovernmental aid. The central question is whether local government officials treat intergovernmental aid differently during periods of aid certainty and uncertainty. We find evidence of fiscal...

In this article, we use data on Wisconsin school referenda over the 1991– 2004 period to examine how changes in education finance affected school referenda activity. Beginning in 1996–1997, state officials in Wisconsin altered the average state share of school costs from about...

The impact of state tax and expenditure limitations (TELs) on bond credit ratings is estimated using an incomplete (or unbalanced) panel from the US states from 1973 to 2005. Three indices of the restrictiveness of TELs are used. Both Moody’s and Standard and Poor’s bond credit...

We offer a practical test of local government effectiveness in the provision of public services. Building on the work of Brueckner (1979, 1982, 1983) and Henderson (1990, 1995) we offer a property value maximization model where levels of local public services are capitalized into property...

This study examines patterns of total employment growth and growth in the public sector. We use data from the 50 states with a focus on the 1993 to 2004 time period. We define the public sector with respect to state government as well as local government with the latter including counties,...

A detailed assessment of employment trends in the public sector from 1979 to 2001 is provided. Particular attention is paid to the relative level of public sector employment is Wisconsin . The analysis also examines the relationship between the size of state and local government and overall...

This study focuses on the impacts state shared revenues has on local government finances. Specifically we examine what is referred to in the academic literature as the "flypaper effect." Using a simple model of local fiscal behavior Bradford and Oates (1971a, 1971b) predict that aids to local...