Working Paper

Fertility and welfare participation

Abstract: A look at some basic questions about the phenomenon of welfare births using data from the March 1987 Current Population Survey and the National Longitudinal Survey of Youth. ; An analysis of the quantitative effects of agency costs in a real business cycle model, showing that these costs can explain why output growth displays positive autocorrelation at short horizons. ; An analysis of the quantitative effects of agency costs in a real business cycle model, showing that these costs can explain why output growth displays positive autocorrelation at short horizons.

Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Working Papers (Old Series)

Publication Date: 1995

Number: 9516