Public Economics

Paper Strictly follow the instruction. This is an economics paper not sociology or other class, it needs economic analysis. This class is the public economic class as well. Don’t forget that when you write it. Otherwise, I will refund for sure.<br /> Then you can choose the topic from below, there are choices, pick one from them. Do Use the sources, shown below.<br /> <br /> Term Paper <br /> The purpose of this exercise is to use economic theory to analyze some collective decision making outcome or public policy. You can examine either the effects of this policy on the allocation of society’s resources, or you can study how or why the policy came to be adopted in the first place. The collective decision making entity that is the focus of your analysis can be an electorate, a legislature (federal, state, local), a bureaucracy or executive agency, a court, an “informal” government (mafia, gang, warlord), a club, a committee or board, or even a supranational organization (UN, IMF, World Bank, WTO). Alternatively, instead of studying a particular policy or decision, you can investigate the set of rules (constitution) or institutions (formal or informal) which regulate the decision making process. In this case, you can explain either the origin of the rules or how the rules affect the ultimate decisions made. <br /> The paper must be an original piece of work. Plagiarism (e.g., copying-and-pasting from a web site without acknowledgement of the source) will result in a grade of zero being assigned to the paper. <br /> The paper must be 8.5 to 10 pages in length, typed and double-spaced in 12-point font with normal one-inch margins. <br /> All sources used in the paper must be listed alphabetically by author in a “List of References” appearing at the end of the paper. Do not list items that are not cited in the paper. Use a consistent style of footnotes, endnotes or textual references to cite sources. <br /> Below I have suggested some possible topics for your paper, together with some information sources on each. These topics are merely for illustrative purpose. While you are certainly free to pick one of these topics if you wish (and to use some of the literature listed), it is my hope that many of the students in the class will come up with topics of their own based on their own interests. If you do pick your own topic, it is advisable to mention it to me in order to ensure that it is appropriate. But you should not limit yourself: almost any conceivable issue that interests you can probably be developed into a suitable paper. <br /> You must use at least three sources of information in your paper. These sources must be scholarly contributions similar to those listed below. A scholarly contribution is an article in a professional academic journal (e.g., American Economic Review, Public Choice, Cato Journal), a scholarly monograph (a book that is not a textbook), a chapter in an edited volume of collected works, or an unpublished working paper (these are often distributed as part of a working paper series, such as that of the National Bureau of Economic Research, These articles and books need not necessarily be written by economists: they could be from closely related fields such as law, political science or other social sciences. You can search for academic literature on your topic by doing subject or keyword searches in the EconLit database (which is available on the Oviatt Libaray’s web <br /> site) or in Google Scholar. While it is acceptable to refer to newspaper or magazine stories (a magazine that is particularly helpful in providing topical news coverage of these issues is The Economist,, or to use material from the course pack, such items will not count toward the three scholarly sources. Again, remember to clearly reference any sources that you use. <br /> Staple the paper at the top left-hand corner. Please do not place the paper in a plastic or cardboard cover or binder of any kind. <br /> Topic 1: Gun Control <br /> Received wisdom suggests that laws and regulations restricting citizens’ access to firearms, or prohibiting individuals from carrying concealed handguns, will lower the rate of violent crime. Some economists have questioned this position, however, arguing that strict gun control laws actually raise the crime rate by preventing law-abiding citizens from protecting themselves. Empirical evidence has been presented to support both sides of the argument. Write a survey of this literature, or critically evaluate either the pro- or anti-gun control viewpoint in light of economic theory. <br /> Sources for Topic 1: <br /> Ayres, Ian and Donohue, John J. III, “Shooting Down the More Guns, Less Crime Hypothesis,” NBER Working Paper No. 9336, National Bureau of Economic Research, Cambridge, MA, 2002. <br /> Cook, Philip J. and Ludwig, Jens, “The Effects of Gun Prevalence on Burglary: Deterrence vs Inducement,” NBER Working Paper No. 8926, National Bureau of Economic Research, Cambridge, MA, 2002. <br /> Duggan, Mark, “More Guns, More Crime,” Journal of Political Economy, October 2001, 109, 1086-1114. <br /> Lott, John R., Jr., More Guns, Less Crime: Understanding Crime and Gun Control Laws, Second Edition. Chicago: University of Chicago Press, 2000. <br /> Lott, John R., Jr. and Mustard, David B., “Crime, Deterrence, and Right-to-Carry Concealed Handguns,” Journal of Legal Studies, January 1997, 26, 1-68. <br /> Ludwig, Jens, “Concealed-Gun-Carrying Laws and Violent Crime: Evidence from State Panel Data,” International Review of Law and Economics, September 1998, 18, 239-54. <br /> Moody, Carlisle E. and Marvell, Thomas B., “Guns and Crime,” Southern Economic Journal, April 2005, 71, 720-36. <br /> Rubin, Paul H. and Dezhbakhsh, Hashem, “The Effect of Concealed Handgun Laws on Crime: Beyond the Dummy Variables,” International Review of Law and Economics, June 2003, 23, 199-216. <br /> Stolzenberg, Lisa and D’Alessio, Stewart J., “Gun Availability and Violent Crime: New Evidence from the National Incident-Based Reporting System,” Social Forces, June 2000, 78, 1461-82. <br /> Topic 2: School Choice <br /> Concern about the quality of education in public schools, especially those in inner cities, has prompted some economists and others to suggest that the public school monopoly be dismantled and replaced with a system in which parents are able to choose where to send their children to school. It is argued that some form of school choice, whether publicly funded vouchers, charter schools, or the breakup of large school districts, will force schools to compete with one another for students and therefore improve quality. A counterargument is that schools in poor communities will be left without adequate funding. Write a survey of this literature, or critically evaluate either the pro- or anti-school choice viewpoint in light of economic theory. <br /> Sources for Topic 2: <br /> Gokcekus, Edward, Phillips, Joshua J. and Tower, Edward, “School Choice: Money, Race, and Congressional Voting on Vouchers,” Public Choice, April 2004, 119, 241-54. <br /> Gwartney, James D., “A Positive Proposal to Improve Our Schools,” Cato Journal, Spring/Summer 1990, 10, 159-73. <br /> Holmes, George M., DeSimone, Jeff and Rupp, Nicholas G., “Does School Choice Increase School Quality?” NBER Working Paper No. 9683, National Bureau of Economic Research, Cambridge, MA, 2003. <br /> Hoxby, Caroline M., “Does Competition Among Public Schools Benefit Students and Taxpayers?” American Economic Review, December 2000, 90, 1209-38. <br /> Hoxby, Caroline M., ed., The Economics of School Choice, Chicago: University of Chicago Press, 2003. <br /> Hoxby, Caroline M., “Competition Among Public Schools: A Reply to Rothstein (2004),” NBER Working Paper No. 11216, National Bureau of Economic Research, Cambridge, MA, 2005. <br /> Krueger,

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