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Southern Economic Journal

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Dispute rates and contingency fees: an analysis from the signaling model.
1. Introduction Contingency lee contracts, under which the plaintiff pays her lawyer a percentage of the judgment if she wins at trial and nothing if she loses, are very common in the United . . .

Transitions from welfare and the employment prospects of low-skill workers.
1. Introduction Sweeping reforms in state welfare programs, initiated first through Section 1 115 waivers to the Social Security Act in the early 1990s and later in response to the Personal . . .

Correction.(Correction Notice)
In the article, "The Declining Contribution of Socioeconomic Disparities to the Racial Gap in Infant Mortality Rates, 1920-1970," by William J. Collins and Melissa A. Thomasson, which appeared in . . .

The pre- and postwar price-output paradox revisited.
1. Introduction Past studies relating changes in the overall price level to changes in real output show a positive correlation between these variables in the years before World War II (WWII) and . . .

Safety at the racetrack: results of restrictor plates in superspeedway competition.(auto racing competitions)
1. Introduction In May of 1987, driver Bobby Allison's car became airborne after blowing a tire in the front stretch of the Talladega Superspeedway in Alabama. The car destroyed 100 feet of . . .

Unintended consequence of centralized public school funding in Michigan education.
1. Introduction In an effort to create greater equity among school districts, a number of states have shifted the responsibility for school funding from local school districts to the state. . . .

Transnational terrorism 1968-2000: thresholds, persistence, and forecasts.
JEL Classification: D74, C32, H56 1. Introduction The death, destruction, and economic impacts resulting from the four hijackings on September 11, 2001 (henceforth 9/11), made policy makers and . . .

Optimal monitoring with external incentives: the case of tipping.(wages of restaurant workers)
1. Introduction Tipping is a significant economic activity, and yet its economic implications have hardly been explored. Tips in U.S. restaurants alone are around $27 billion a year. (1) . . .

Erring on the margin of error.(sampling)
1. Introduction As most teachers of probability and statistics know, one of the most difficult concepts to convey to students is that of sampling error. Yet with the proliferation of the . . .

Do economic effects justify the use of fiscal incentives?(tax incentives)
1. Introduction Recruitment of large industrial and commercial facilities is a key aspect of most local development strategies. Policy makers presumably act on the assumption that new sitings . . .

Theory versus application: does complexity crowd out evidence?
JEL Classification: All 1. Introduction Winnowing theories by appeals to evidence is a practice that dates to the beginnings of modern science. Here we test the hypothesis of Donald F. Gordon . . .

Cultures of illegality in the National Hockey League.
1. Introduction The economic model of crime demonstrates how an individual might decide to engage in illegal activity. It demonstrates that such activity may be motivated by incentives associated . . .

Globalization in Historical Perspective.(Book Review)
Globalization in Historical Perspective Edited by Michael D. Bordo, Alan M. Taylor, and Jeffrey G. Williamson. Chicago: University of Chicago Press, 2003. Pp. 588. $95.00 The 21st century will . . .

Integration and causality in international freight markets: modeling with error correction and directed acyclic graphs.(fluctuat
1. Introduction In January 1985, the Baltic Exchange developed the then known Baltic Freight Index (BFI), which, in May 1985, would become the underlying asset of the Baltic International Freight . . .

Religious freedom and the unintended consequences of state religion.
1. Introduction "[A] union of government and religion tends to destroy government and degrade religion." So wrote Justice Hugo Black in the majority opinion in Engel v. Vitale, (1) a 1962 . . .

Author order and research quality.
JEL Classification: A10, J20, Z00 1. Introduction The assignment of property rights is an integral aspect of any tree-market economic system. Indeed, it is well known that property rights . . .

The impact of corruption on the black market premium.
1. Introduction One of the features of most countries, especially developing nations, is corruption that exists in the private as well as the public sector. There are different factors that make . . .

When will the gender gap in retirement income narrow?(pensions)
1. Introduction The real incomes of elderly women are substantially below that of elderly men. Among people aged 65 and over in 1994, median income was $15,250 for men and $8950 for women. (1) . . .

Can consumer attitudes forecast household spending in the United States? Further evidence from the Michigan survey of consumers.
1. Introduction For many years, indices of consumer sentiment have been used to provide government policy makers, economic forecasters, and business managers with timely and important information . . .

Can prior offers and arbitration outcomes be used to predict the winners of subsequent final-offer arbitration cases?(resolution
1. Introduction Interest arbitration is a dispute resolution procedure in which an independent arbitrator determines the terms of a new contract. The intent of interest arbitration is not to have . . .

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