Working Papers by Antony Davies

Working Papers by Antony Davies

The U.S. Experience With Fiscal Stimulus

A Historical and Statistical Analysis of U.S. Fiscal Stimulus Activity, 1953-2011
Antony Davies, Bruce Yandle, Derek Thieme, Robert Sarvis | Apr 05, 2012
Can deliberate government spending activities have a continuing net positive impact on economic activity? Do federal spending programs designed to offset a recession’s negative effects really add a net positive nudge to GDP growth? Can government purposefully and successfully stimulate ongoing employment growth?

Tax Rates and Migration

Antony Davies, John Pulito | Aug 08, 2011
This paper takes a look at how increases in the top marginal income-tax rate affect the number of high-income households within a state.

Binge Thinking

A Look at the Social Impact of State Liquor Controls
Antony Davies, John Pulito | Nov 22, 2010
How does your government regulate alcohol? This Q&A paper analyzes alcohol-control policies in the states.

Do Federal Matching Funds Inhibit State Growth?

Antony Davies, Rossen Valchev | Aug 22, 2008
Employing data for the state of Texas from 1963 through 2006, this workding paper concludes that increases in FMFs lead to lower state economic growth.

Midnight Regulations: An Update

Antony Davies, Veronique de Rugy | Mar 2008
In 2001, former Mercatus Center scholar Jay Cochran examined the number of pages in the Federal Register, as a proxy for regulatory activity.  He found that when the occupation of the White House…

Implications of Foreign Investment Patterns for Federal, State, and Local Bond Financing

Antony Davies | Oct 2007
While standard economic theory suggests that the untaxed yields on municipal bonds should roughly equal the after-tax yields on Treasury bonds, actual yield data show that the untaxed yields on…