Robert M. Conroy, Robert L. Winkler, Informational Differences Between Limit and Market Orders for a Market Maker, The Journal of Financial and Quantitative Analysis, Vol. 16, No. 5 (Dec., 1981), pp. 703-724

L. G. Godfrey, M. R. Wickens; Testing Linear and Log-Linear Regressions for Functional Form, The Review of Economic Studies, Volume 48, Issue 3, 1 July 1981, Pa

The purpose of this paper is to examine demographic and socioeconomic determinants of migration for both employed and unemployed. Hypotheses concerning effects of age education and public services are developed and tested using data on interstate migration of U.S. labor force from 1965 to 1970. For individuals at-risk to either primary or repeat migration age and education selectivity of migration were in general confirmed. However for unemployed potential primary migrants education selectivity was not observed. It was also found that the provision of welfare services have little or no impact on migration decision of unemployed....However unemployment was shown to significantly affect role played by educational quality and training accessibility within migration decision. (EXCERPT)

The paper argues that appropriate domestic policies — more particularly, the real wage policy that is stressed here — can reduce the extent of foreign dependence of a country. It shows that foreign aid sufficient to achieve a given level of per capita domestic income is positively related to the real wages in an LDC with unemployment. The paper also links the level of real wages and the rate of technical change to the possibilities for self-sufficiency (from foreign aid) in the long run.

Journal Article Statistical cost Analysis Re-Revisited: Reply Get access James M. Griffin James M. Griffin University of Houston Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 96, Issue 1, February 1981, Pages 183–187, https://doi.org/10.2307/2936150 Published: 01 February 1981

It is argued that a full loss offset corporate tax with interest deductibility may reduce risk taking in that entrepreneurs might decrease the amount of investment made in risky projects with higher corporate tax rates. Unlike previous results in the literature, production functions with decreasing returns to scale and the possibility of equity financing of capital investment are allowed. A corporate tax that falls in part on the returns of equity owners or entrepreneurs can, under certain conditions, reduce risk taking. If the government taxes only risk, then a corporate tax with a full loss offset can encourage investment in risky projects.

Such issues as the freedom of speech or the right to vote are usually discussed as matters of principle or public policy, without concern for the preferences of the potential users of these rights. Yet it is interesting to see how strongly valued they are. This paper develops a method to derive the demand for legal and constitutional rights and rules, the values attached to them, and their sensitivity to income and education. The model is based on referendum data and on the interpretation of nonvoting behavior.