#2003-036A "Input Inefficiency In Commercial Banks: A Normalized Quadratic Input Distance Approach"
by Thomas L. Marsh, Allen M. Featherstone, and Thomas A. Garrett
November 2003

A normalized quadratic input distance function is proposed with which to estimate technical efficiency on commercial banks regulated by the Federal Reserve System. The study period covers 1990 to 2000 using individual bank information from the Call and Banking Holding Company Database. More...

#2003-005C "Political Allocation of Agriculture Disaster Payments in the 1990s"
by Thomas A. Garrett, Thomas L. Marsh, and Maria I. Marshall
March 2003
Revised July 2004

This paper explores the impact of political influence on the allocation of U.S. direct agriculture disaster payments. The results reveal that disaster payments are not based solely on need, but are higher in those states represented by public officials key to the allocation of relief. More...

PUBLISHED: International Review of Law and Economics, June 2006, 26(2), pp. 143-61