Search Results
Showing results 1 to 10 of approximately 105.
(refine search)
Journal Article
Welfare reform and the cyclicality of welfare programs
Powers, Elizabeth T.
(1996-06)
An examination of how potential welfare recipients would be affected by reform proposals calling for a reduction in benefits and a shift in fiscal responsibility from the federal government to the states, with emphasis on the sometimes substantial impact of business cycle swings on welfare caseloads and expenditures.
Economic Commentary
, Issue Jun
Working Paper
Growth and Welfare Gains from Financial Integration Under Model Uncertainty
Luo, Yulei; Young, Eric R.; Nie, Jun
(2018-12-07)
We build a robustness (RB) version of the Obstfeld (1994) model to study the effects of financial integration on growth and welfare. Our model can account for the empirically observed heterogeneity in the relationship between growth and volatility for different countries. The calibrated model shows that financial integration leads to significantly larger gains in growth and welfare for advanced countries than developing countries, with some developing countries experiencing growth and welfare loss in financial integration. Our analytical solutions help uncover the key mechanisms by which this ...
Research Working Paper
, Paper RWP 18-12
Working Paper
Left behind: SSI in the era of welfare reform
Daly, Mary C.; Burkhauser, Richard V.
(2003)
SSI was established in 1972, born out of a compromise at the time between those wanting to provide a guaranteed income floor and those wishing to limit it to individuals not expected to work: the aged, blind, and disabled. SSI is now the largest federal means-tested program in the United States, serving a population dominated by low-income adults and children with disabilities. With other forms of federal support devolving to state programs (e.g., welfare), policymakers pressing to redefine social expectations about who should and should not work, and the Americans with Disabilities Act ...
Working Paper Series
, Paper 2003-12
Working Paper
A structural model of multiple welfare program participation and labor supply
Moffitt, Robert A.; Keane, Michael P.
(1995)
One of the long-standing issues in the literature on transfer programs for the U.S. low-income population concerns the high cumulative marginal tax rate on earnings induced by participation in the multiplicity of programs offered by the government. Empirical work on the issue has reached an impasse partly because the analytic solution to the choice problem is intractable and partly because the model requires the estimation of multiple sets of equations with limited dependent variables, an estimation problem which until recently has been computationally infeasible. In this paper we estimate a ...
Working Papers
, Paper 557
Working Paper
Liquidity and welfare
Wen, Yi
(2012)
This paper develops an analytically tractable Bewley model of money featuring capital and financial intermediation. It is shown that when money is a vital form of liquidity to meet uncertain consumption needs, the welfare costs of inflation can be extremely large. With log utility and parameter values that best match both the aggregate money demand curve suggested by Lucas (2000) and the variance of household consumption, agents in our model are willing to reduce consumption by 7% ~ 10% (or more) to avoid 10% annual inflation. In other words, raising the U.S. inflation target from 2% to 3% ...
Working Papers
, Paper 2012-037
Journal Article
Reforming Social Security: a welfare analysis
Pecchenino, Rowena A.; Pollard, Patricia S.
(1998-03)
Review
, Issue Mar
, Pages 19-30
Working Paper
Evidence of Accelerating Mismeasurement of Growth and Inflation in the U.S. in the 21st Century
Nakamura, Leonard I.
(2020-10-22)
Corporate equity market values, profitability, and intangible investment have reached high proportions of income. Are these investments and their outcomes evidence of a wellfunctioning society? We do not see the rapid growth in aggregate measures of output that would justify these investments and rewards. And why did the yield curve invert as the U.S. federal funds rate reached 2⅜ percent in early 2019, if the inflation rate was near 2 percent? We present the broad case that mismeasurement of growth and prices accelerated in the U.S. during the 21st century and may be responsible for the ...
Working Papers
, Paper 20-41
Report
On the political economy of income redistribution and crime
Merlo, Antonio; Rupert, Peter; Imrohoroglu, Ayse
(1996)
We study a one-sector growth model which is standard except for the presence of an externality in the production function. The set of competitive equilibria is large. It includes constant equilibria, sunspot equilibria, cyclical and chaotic equilibria, and equilibria with deterministic or stochastic regime switching. The efficient allocation is characterized by constant employment and a constant growth rate. We identify an income tax-subsidy schedule that supports the efficient allocation as the unique equilibrium outcome. That schedule has two properties: (i) it specifies the tax rate to be ...
Staff Report
, Paper 216
Journal Article
Who's on welfare?
Katz, Jane
(1995-07)
Regional Review
, Issue Sum
, Pages 18-23
Journal Article
The devolution tortoise and the centralization hare
Kincaid, John
(1998-05)
There has been much talk in recent years of devolving powers and functions from the federal government to the states. Some observers even proclaim a devolution revolution, the result of which will be a more efficient and effective federal government and more robust and responsive states. The generally recognized objectives of devolution include (1) more efficient provision and production of public services; (2) better alignment of the costs and benefits of government for a diverse citizenry; (3) better fits between public goods and their spatial characteristics; (4) increased competition, ...
New England Economic Review
, Issue May
, Pages 13-40
FILTER BY year
FILTER BY Bank
Federal Reserve Bank of Minneapolis 17 items
Board of Governors of the Federal Reserve System (U.S.) 12 items
Federal Reserve Bank of Boston 10 items
Federal Reserve Bank of St. Louis 10 items
Federal Reserve Bank of Dallas 9 items
Federal Reserve Bank of New York 8 items
Federal Reserve Bank of Kansas City 7 items
Federal Reserve Bank of Philadelphia 7 items
Federal Reserve Bank of San Francisco 7 items
Federal Reserve Bank of Atlanta 6 items
Federal Reserve Bank of Chicago 4 items
Federal Reserve Bank of Cleveland 4 items
Federal Reserve Bank of Richmond 4 items
show more (8)
show less
FILTER BY Series
Working Papers 18 items
Staff Report 10 items
Economic Policy Review 8 items
Finance and Economics Discussion Series 7 items
Research Working Paper 5 items
Southwest Economy 5 items
Working Paper Series 5 items
Economic and Financial Policy Review 4 items
FRB Atlanta Working Paper 4 items
International Finance Discussion Papers 4 items
Conference Series ; [Proceedings] 3 items
FRBSF Economic Letter 3 items
Working Papers (Old Series) 3 items
Econ Focus 2 items
New England Economic Review 2 items
Review 2 items
Working Paper 2 items
Agricultural Letter 1 items
Chicago Fed Letter 1 items
Communities and Banking 1 items
Discussion Paper / Institute for Empirical Macroeconomics 1 items
Economic Commentary 1 items
Economic Review 1 items
Economics Update 1 items
Federal Reserve Bulletin 1 items
Fiscal Facts 1 items
Opportunity and Inclusive Growth Institute Working Papers 1 items
Proceedings 1 items
Proceedings - Economic Policy Symposium - Jackson Hole 1 items
Public Policy Discussion Paper 1 items
Quarterly Review 1 items
Regional Economic Digest 1 items
Regional Review 1 items
The Region 1 items
The Regional Economist 1 items
show more (30)
show less
FILTER BY Content Type
Working Paper 49 items
Journal Article 37 items
Report 10 items
Conference Paper 5 items
Discussion Paper 2 items
Newsletter 2 items
show more (1)
show less
FILTER BY Author
Saving, Jason L. 6 items
Daly, Mary C. 4 items
Heipertz, Jonas 4 items
Huang, Kevin X. D. 4 items
Liu, Zheng 4 items
Mihov, Ilian 4 items
Nakamura, Leonard I. 4 items
Powers, Elizabeth T. 4 items
Santacreu, Ana Maria 4 items
Aiyagari, S. Rao 3 items
Keane, Michael P. 3 items
Van den Heuvel, Skander J. 3 items
Zavodny, Madeline 3 items
anonymous 3 items
Becsi, Zsolt 2 items
Bitler, Marianne 2 items
Braun, R. Anton 2 items
Burkhauser, Richard V. 2 items
Eckstein, Zvi 2 items
Heathcote, Jonathan 2 items
Hoynes, Hilary W. 2 items
Kim, Jinill 2 items
Kim, Sunghyun Henry 2 items
Lipinska, Anna 2 items
Matschke, Johannes 2 items
Moffitt, Robert A. 2 items
Storesletten, Kjetil 2 items
Violante, Giovanni L. 2 items
Wallace, Neil 2 items
Alessandria, George 1 items
Anderson, Jacquelyn 1 items
Bandyopadhyay, Subhayu 1 items
Basu, Susanto 1 items
Bean, Charles R. 1 items
Benjamin, Gary L. 1 items
Bitler, Marianne P. 1 items
Blank, Rebecca M. 1 items
Blum, Barbara B. 1 items
Bryant, John 1 items
Burdick, Clark A. 1 items
Burtless, Gary 1 items
Butcher, Kristin F. 1 items
Campbell, Jeffrey R. 1 items
Capatina, Elena 1 items
Caplin, Andrew 1 items
Charles, Hulton 1 items
Chernick, Howard 1 items
Choi, Horag 1 items
Copeland, Adam 1 items
Corsetti, Giancarlo 1 items
Cox, W. Michael 1 items
De Paoli, Bianca 1 items
Derr, Michelle K. 1 items
Edge, Rochelle M. 1 items
Edin, Kathryn 1 items
Ferguson, Deron 1 items
Gelbach, Jonah B. 1 items
Haslag, Joseph H. 1 items
Hercowitz, Zvi 1 items
Hulten, Charles R. 1 items
Imrohoroglu, Ayse 1 items
Jones, John Bailey 1 items
Jung, Philip 1 items
Kareken, John H. 1 items
Katz, Jane 1 items
Kincaid, John 1 items
Kissane, Rebecca J. 1 items
Kuester, Keith 1 items
Kwok, Joyce 1 items
LaLonde, Robert J. 1 items
Lagos, Ricardo 1 items
Leahy, John V. 1 items
Levin, Andrew T. 1 items
Li, Yue 1 items
Little, Jane Sneddon 1 items
Lombardo, Giovanni 1 items
Luo, Yulei 1 items
Mandaleris, Elaine 1 items
Martin, Fernando M. 1 items
Mattey, Joe P. 1 items
Maurier, Ashley 1 items
Mayer, Susan E. 1 items
McGranahan, Leslie 1 items
Merlo, Antonio 1 items
Mongey, Simon 1 items
Monnet, Cyril 1 items
Nakamura, Alice O. 1 items
Nathan, Richard P. 1 items
Nie, Jun 1 items
O'Neill, June 1 items
Pascali, Luigi 1 items
Paschal, Sidnee 1 items
Pavetti, Ladonna 1 items
Pecchenino, Rowena A. 1 items
Pingle, Jonathan F. 1 items
Pollard, Patricia S. 1 items
Prescott, Edward Simpson 1 items
Reimers, Cordelia 1 items
Rocheteau, Guillaume 1 items
Rossi, Peter E. 1 items
Ruhl, Kim J. 1 items
Rupert, Peter 1 items
Russell, Rebecca 1 items
Sandler, Todd 1 items
Schiantarelli, Fabio 1 items
Schmidt, Lucie 1 items
Senauer, Ben 1 items
Serven, Luis 1 items
Stevens, David W. 1 items
Sumo, Vanessa 1 items
Tatom, John A. 1 items
Townsend, Robert M. 1 items
Trippe, Carole 1 items
Uribe, Martin 1 items
Van Leemput, Eva 1 items
Waugh, Michael E. 1 items
Wen, Yi 1 items
Wright, Randall 1 items
Wynne, Mark A. 1 items
Younas, Javed 1 items
Young, Eric R. 1 items
Zaretsky, Adam M. 1 items
Zellner, Arnold 1 items
Zhu, Qi 1 items
show more (119)
show less
FILTER BY Jel Classification
F41 7 items
E52 5 items
G21 5 items
E44 4 items
F31 4 items
E20 3 items
E21 3 items
G15 3 items
G28 3 items
O4 3 items
C82 2 items
D30 2 items
D62 2 items
E01 2 items
H20 2 items
H40 2 items
J22 2 items
J24 2 items
O3 2 items
C43 1 items
C51 1 items
C61 1 items
C81 1 items
D52 1 items
D60 1 items
D81 1 items
D91 1 items
E31 1 items
E61 1 items
F10 1 items
F11 1 items
F12 1 items
F13 1 items
F14 1 items
F15 1 items
F34 1 items
F36 1 items
F42 1 items
F52 1 items
H24 1 items
H55 1 items
H56 1 items
I14 1 items
I31 1 items
I38 1 items
J11 1 items
O18 1 items
O24 1 items
R13 1 items
show more (44)
show less
FILTER BY Keywords
Welfare 105 items
Inflation (Finance) 8 items
Poverty 6 items
Public welfare 6 items
Unemployment 6 items
Employment (Economic theory) 5 items
Exchange Rate Management 4 items
Monetary Policy Rules 4 items
Social security 4 items
Time-Varying Risk Premium 4 items
Labor supply 4 items
Banking 3 items
Capital requirements 3 items
Competition 3 items
Convenience yields 3 items
Crime 3 items
Income distribution 3 items
Inflation 3 items
Information 3 items
Internet 3 items
Labor market 3 items
Liquidity requirements 3 items
Monopolistic competition 3 items
National Accounts 3 items
Public policy 3 items
Sufficient statistics 3 items
Taxation 3 items
state finances 3 items
Capital Controls 3 items
Business cycles 2 items
Demography 2 items
Econometric models 2 items
Employment 2 items
Fiscal policy 2 items
Human capital 2 items
Monetary policy 2 items
Partial insurance 2 items
Personal Responsibility and Work Opportunity Reconciliation Act of 1996 2 items
Production (Economic theory) 2 items
Skill investment 2 items
Technology 2 items
Trade 2 items
Americans with Disabilities Act of 1990 1 items
Asset pricing 1 items
Asymmetry 1 items
Beyond GDP 1 items
California 1 items
Capability 1 items
Child care - Massachusetts 1 items
Child care - Rhode Island 1 items
Complete markets 1 items
DSGE 1 items
Debt 1 items
Discrete choice 1 items
Earnings inequality 1 items
Economic Growth 1 items
Electronic funds transfers 1 items
Emerging Markets 1 items
Emigration and immigration 1 items
Equilibrium (Economics) 1 items
Establishment heterogeneity 1 items
External Trade Barriers 1 items
Fat tails 1 items
Federal Reserve District, 10th 1 items
Federal Reserve District, 5th 1 items
Finance, Public 1 items
Financial Integration 1 items
Financial markets 1 items
Fixed cost 1 items
Government expenditures 1 items
Health 1 items
Health insurance 1 items
Health shocks 1 items
Income risk 1 items
Income tax 1 items
India 1 items
Insurance, Health 1 items
Internal Trade Barriers 1 items
International Asset Markets 1 items
International liquidity regulation 1 items
International risk sharing 1 items
Law enforcement 1 items
Liquidity (Economics) 1 items
Local finance 1 items
Local government 1 items
Macroprudential Policies 1 items
Medicaid 1 items
Microdata 1 items
Mismeasurement 1 items
Model Uncertainty 1 items
Money 1 items
Mortality 1 items
Mortgage loans 1 items
National income accountings 1 items
New England 1 items
Payment systems 1 items
Person accounts 1 items
Precautionary saving 1 items
Productivity 1 items
Progressivity 1 items
Regional economics 1 items
Revenue 1 items
Risk Sharing 1 items
Robustness 1 items
Saving and investment 1 items
Social service 1 items
Sunk cost 1 items
Tagging 1 items
Tariffs 1 items
Tax progressivity 1 items
Terrorism 1 items
Valued government expenditures 1 items
Well-Being 1 items
West (U.S.) 1 items
risk 1 items
show more (112)
show less