On the theory of growth controls
[We show] in our model that the primary beneficiaries of growth controls are owners of developed land, e.g., homeowners, while the primary losers are owners of undeveloped land. Since the [...]
How to analyze nurse practitioner licensure laws
Nurse practitioners (NPs) are capable of analyzing the regulation of their practice by state authorities. The annotated nursing statute, the medicine and pharmacy statutes, regulations from those three boards and [...]
Savings, Growth, and Liquidity Constraints
In the context of an overlapping-generations model, we show that liquidity constraints on households (i) raise the saving rate, (ii) strengthen the effect of growth on saving, (iii) increase the [...]
Determinants of Restrictive Residential Zoning: Empirical Findings
This study proposes, and finds evidence supporting, the hypothesis that restrictive residential land-use and minimum lot-size zoning are substitute ways of controlling the population intensity of future residential development. In [...]
Evaluating the Demand for Residential Growth Controls
This paper estimates the demand for residential growth controls using voting results for the November 1988 election in San Diego County. An empirical model is estimated to determine the effect [...]
Do the M&M Propositions Apply to Banks?
In taking up issues of bank capital requirements and the [Modigliani & Miller] M&M Propositions, I am actually returning to a subject treated in a paper on the regulation of [...]
Strategic control of growth in a system of cities
This paper provides an analysis of the supply-restriction model of growth controls. Growth controls in such a model harm consumers while enriching landowners, and they will only be adopted if [...]
Reforming Health Care Workforce Regulation: Policy Considerations for the 21st Century
Current statutes grant broad, near-exclusive scopes of practice to a few professions and “carved-out” scopes for the remaining professions. These laws erect unreasonable barriers to high-quality and affordable care.The need [...]
Productivity and the Density of Economic Activity
To explain the large differences in labor productivity across U.S. states we estimate two models--one based on local geographical externalities and the other on the diversity of local intermediate services--where [...]
Spatial Effects Upon Employment Outcomes: The Case of New Jersey Teenagers
Theories about the importance of space in urban labor markets have emphasized the role of employment access, on the one hand, and neighborhood composition, on the other hand, in affecting [...]