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Author:Garrett, Thomas A. 

Journal Article
Uneven city job trends weigh on Kentucky's recovery

The Regional Economist , Issue Jul , Pages 17-17

Journal Article
No ifs, ands or butts: Illinois casinos lost revenue after smoking banned

The Regional Economist , Issue Jul , Pages 14-15

Journal Article
Recession takes toll on Eighth District tax collections

The Regional Economist , Issue Oct , Pages 19-20

Journal Article
Saving for a rainy day?

National Economic Trends , Issue Apr

Journal Article
Neighboring cities show job trends that are far apart

The Regional Economist , Issue Jul , Pages 17

Journal Article
Annual revision of metro jobs data shows little change from earlier reports

The Regional Economist , Issue Apr , Pages 24-25

Journal Article
Casino gaming and local employment trends

Casino gambling has become a major industry in the United States. Economic development, especially through increases in employment, is the primary justification for casino development in a local area. This article estimates the employment effects of casino gambling for six counties in the Midwest and southern United States using ARIMA forecasting models. The results suggest that rural counties that adopt casino gambling as a major industry experience significant gains in payroll and household employment. The effects are less pronounced in urban counties, partly due to the higher volatility of ...
Review , Volume 86 , Issue Jan , Pages 9-22

Working Paper
Inter-temporal differences in the income elasticity of demand for lottery tickets

We estimate annual income elasticities of demand for lottery tickets using roughly twenty years of county-level data for three states. We find that the income elasticity of demand (and thus the tax burden) for lottery tickets has changed over time. We argue that these changes are due to changes in a state's lottery game portfolio and the growth in consumer income. Trends in the income elasticity of demand for instant and online lottery games appear to be different. Our results question the long-term growth potential of lottery revenue and have policy implications for state governments and ...
Working Papers , Paper 2007-042

Working Paper
Red ink in the rearview mirror: local fiscal conditions and the issuance of traffic tickets

Municipalities have revenue motives for enforcing traffic laws in addition to public safety motives because many traffic offenses are punished via fines and the issuing municipality often retains the revenue. Anecdotal evidence supports this revenue motive. We empirically test this revenue motive using panel data on North Carolina counties. We find that significantly more tickets are issued in the year following a decline in revenue, but the issuance of traffic tickets does not decline in years following revenue increases. Our results suggest that tickets are used as a revenue generation tool ...
Working Papers , Paper 2006-048

Working Paper
Inefficient education spending in public school districts: a case for consolidation

This paper estimates scale economies for Arkansas school districts. Large economies of scale exist in teacher salary and supply costs, as well as total costs. Our results suggest that districts, especially rural districts, would experience measurable cost-savings from consolidation. We simulate a hypothetical rural school district consolidation to obtain cost-saving estimates from consolidation. Simulations indicate that districts could save an average of 34 percent in average variable costs. At the state level, consolidation of rural districts in Arkansas could annually save million. ...
Working Papers , Paper 2002-010

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Gambling industry 10 items

Federal Reserve District, 8th 7 items

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