Governance

Recommendations Forestalled or Forgotten? The National Commission on the Public Service and Presidential Appointments

Recommendations Forestalled or Forgotten? The National Commission on the Public Service and Presidential Appointments
The National Commission on the Public Service and Presidential Appointments. Public Administration Review, May 2007, Vol. 67 Issue 3, p408-417, 10p.

Light, P.C.
05/01/2007

Nearly two decades after the first Volcker Commission issued its report on the federal public service, the presidential appointment and confirmation process remains long, cumbersome, intensive, and embarrassing. As the evidence presented in this essay suggests, the process may attract people who are motivated more by personal rewards than by the intrinsic value of public service. Although recent administrations have displayed little enthusiasm for reforming the federal appointment process, the best hope for change may reside in future presidents' desire to assert tight political control over executive departments.

Does Federally Subsidized Rental Housing Depress Neighborhood Property Values?

Does Federally Subsidized Rental Housing Depress Neighborhood Property Values?
Journal of Policy Analysis & Management, Spring 2007, Vol. 26 Issue 2, p257-280, 24p.

Ellen, I.G., Schwartz, A.E., Voicu, I. & Schill, M.H.
01/01/2007

Few communities welcome federally subsidized rental housing, with one of the most commonly voiced fears being reductions in property values. Yet there is little empirical evidence that subsidized housing depresses neighborhood property values. This paper estimates and compares the neighborhood impacts of a broad range of federally subsidized rental housing programs, using rich data for New York City and a difference-in-difference specification of a hedonic regression model. We find that federally subsidized developments have not typically led to reductions in property values and have, in fact, led to increases in some cases. Impacts are highly sensitive to scale, though patterns vary across programs.

Financial development and pathways of growth: State branching and deposit insurance laws in the United States from 1900 to 1940

Financial development and pathways of growth: State branching and deposit insurance laws in the United States from 1900 to 1940
Journal of Law and Economics 50 (2007) 239-272.

Dehejia, R.H. & Lleras-Muney, A.
01/01/2007

This paper studies the effect of state-level banking regulation on financial development and on components of state-level growth in the United States from 1900 to 1940. We use these banking laws to assess the findings of a large recent literature that has argued that financial development contributes to economic growth. We contend that the institutional mechanism leading to financial development is important in determining its consequences and that some types of financial development can even retard economic growth.

For the United States from 1900 to 1940, we argue that the financial expansion induced by expanded bank branching accelerated the mechanization of agriculture and spurred growth in manufacturing. In contrast, financial expansions induced by state deposit insurance had negative consequences for both the agricultural and manufacturing sectors.

Measuring Equity and Adequacy in School Finance

Measuring Equity and Adequacy in School Finance
Handbook of Research in Education Finance and Policy. Edited by Ladd, Helen F. and Ted Fiske. Laurence Erlbaum Associates, New York,

Downes, T. & Stiefel, L.
01/01/2007

The Handbook traces the evolution of the field from its initial focus on school inputs (per pupil expenditures) and the revenue sources (property taxes, state aid programs, etc) used to finance these inputs to a focus on educational outcomes (student achievement) and the larger policies used to achieve them. It shows how the current decision-making context in school finance inevitably interacts with those of governance, accountability, equity, privatization, and other areas of education policy. Because a full understanding of the important contemporary issues requires inputs from a variety of perspectives, the Handbook draws on contributors from a variety of disciplines.

Robert Moses and the Modern City: The Transformation of New York

Robert Moses and the Modern City: The Transformation of New York
W.W. Norton.

Ballon, H. & Jackson, K.T. eds.
01/01/2007

"We are rebuilding New York, not dispersing and abandoning it": Robert Moses saw himself on a rescue mission to save the city from obsolescence, decentralization, and decline. His vast building program aimed to modernize urban infrastructure, expand the public realm with extensive recreational facilities, remove blight, and make the city more livable for the middle class. This book offers a fresh look at the physical transformation of New York during Moses’s nearly forty-year reign over city building from 1934 to 1968. It is hard to imagine that anyone will ever have the same impact on New York as did Robert Moses. In his various roles in city and state government, he reshaped the fabric of the city, and his legacy continues to touch the lives of all New Yorkers. Revered for most of his life, he is now one of the most controversial figures in the city’s history. Robert Moses and the Modern City is the first major publication devoted to him since Robert Caro’s damning 1974 biography, The Power Broker: Robert Moses and the Fall of New York. In these pages eight short essays by leading scholars of urban history provide a revised perspective; stunning new photographs offer the first visual record of Moses’s far-reaching building program as it stands today; and a comprehensive catalog of his works is illustrated with a wealth of archival records: photographs of buildings, neighborhoods, and landscapes, of parks, pools, and playgrounds, of demolished neighborhoods and replacement housing and urban renewal projects, of bridges and highways; renderings of rejected designs and controversial projects that were defeated; and views of spectacular models that have not been seen since Moses made them for promotional purposes. Robert Moses and the Modern City captures research undertaken in the last three decades and will stimulate a new round of debate.

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