Economics

  2013 MAY 10 (VerticalNews) -- By a News Reporter-Staff News Editor at Real Estate Weekly News -- Researchers detail new data in Urban Economics. According to news reporting originating from Detroit, Michigan, by VerticalNews editors, the research stated, "This paper presents a theoretical model with a uniformly populated line that is divided into local jurisdictions (and/or states)."

  Our news editors obtained a quote from the research from Wayne State University, "If one level of government imposes sates and residential property taxes, and if the spatial extent of each taxing jurisdiction is positive and finite, then (in Nash equilibrium) the sales tax rate is less than residential property tax rate, housing consumption is suboptimal, and the public good is underprovided in each jurisdiction. ...read more

  2013 MAY 10 (VerticalNews) -- By a News Reporter-Staff News Editor at Economics Week -- Research findings on Urban Economics are discussed in a new report. According to news originating from London, United Kingdom, by VerticalNews correspondents, research stated, "Existing research shows that house prices respond to local school quality as measured by average test scores. However, higher test scores could signal higher academic value-added or higher ability, more sought-after intakes. ...read more

  2013 MAY 10 (VerticalNews) -- By a News Reporter-Staff News Editor at Economics Week -- Current study results on Urban Economics have been published. According to news reporting from Ann Arbor, Michigan, by VerticalNews journalists, research stated, "Many American communities seek to attract or retain businesses with tax abatements, tax credits, or tax increment financing of infrastructure projects (TIFs). The evidence for 1999 indicates that communities are most likely to offer one or more of these business development incentives if their residents have low incomes, if they are located close to state borders, and if their states have troubled political cultures. ...read more