This study investigates whether personal taxes are related to asset valuations. The effective tax rate of investment income fluctuated considerably since federal income taxes were introduced. The main result of the paper demonstrates that there is an economically and statistically significant relationship between asset valuations and personal tax rates. Stock valuations tend to be higher when t...

Luanne Lohr and Lynn R. Harvey Michigan State University Conflict over property rights is certainly not a new topic. Conflicts arise because individuals or groups expressing different preferences claim rights to the same good, whether that good be an acre of land or a cubic foot of air. The agricultural sector, once the basis for the dominant lifestyle in the United States, has more recently cl...

This chapter explains the motivation for the research reported in this monograph, placing it in the context of previous research about the impacts of technical innovations in African agriculture. While recognizing the limitations of impact assessment methods, it is argued that social science research can play a useful role in support of technology development. Interest in genetic transformation...

Optimality conditions and comparative static properties of the optimal Mirrleesian nonlinear income tax are obtained for a nite population and quasilinear-in-consumption preferences. Contrary to Weymark (1987) who considers quasilinear-in-leisure preferences, the linearity with respect to gross income, which is observed by the government and used as a tax base, is lost. A reduced-form optimal i...

PROBLEM The study examined risk factors for fatal versus serious injuries of construction workers' falls through roofs. METHOD Fatal injury falls (N = 10) were matched against serious injury falls (N = 10), and descriptive analyses were carried out retrospectively of investigation reports. RESULTS Fatal injuries occurred predominantly on farms, in the afternoon, and without the use of passi...

The MSU International Development Paper series is designed to further the comparative analysis of international development activities in Africa, Latin America, Asia, and the Near East. The papers report research findings on historical, as well as contemporary, international development problems. The series includes papers on a wide range of topics, such as alternative rural development strateg...