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Fiscal Pressures, Institutional Context, and Constituents: A Dynamic Model of States’ Arts Agency Appropriations
arts crowding out Dynamic panel-data estimator flypaper effect public choice public finance
2014/11/26
This report focuses on state government appropriations to state arts agencies (SAA), a primary figure in arts and cultural policy in the United States. A dynamic panel-data estimator can identify the ...
AGENCY COSTS AND UNREGULATED BANKS:COULD DEPOSITORS PROTECT THEMSELVES?
AGENCY COSTS long-term stability individual depositors market value
2008/12/4
Advocates of federal regulation often argue that individual depositors
lack the information necessary to choose a stable institution or
to monitor its continued performance.