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Journal Article
An Ounce of Prevention
Research Spotlight on the following paper: "The Effect of Primary Care Visits on Health Care Utilization: Findings from a Randomized Controlled Trial." Cathy J. Bradley, David Neumark, and Lauryn Saxe Walker. National Bureau of Economic Research Working Paper No. 24100, December 2017.
Briefing
Why Are Women Leaving the Labor Force?
The female labor force participation (LFP) rate has dropped steadily since 2000, especially among single women. At the same time, the percentage of single women has grown as a share of the female population, a trend that has increased the impact of the single women's LFP rate on the aggregate women's LFP rate. An analysis of data from the Current Population Survey shows that a growing percentage of single women who are not in the labor force are going to school. Meanwhile, an increasing share of married women list retirement as the reason for no longer participating in the labor force.
Journal Article
BOOK REVIEW: Share and Share Alike
On Inequality by Harry G. Frankfurt, Princeton, N.J.: Princeton University Press, 2015, 120 pages.
Journal Article
Book Review: Inequality: The Long View
Unequal Gains: American Growth and Inequality Since 1700 by Peter H. Lindert and Jeffrey G. Williamson, Princeton: Princeton University Press, 2016, 424 pages.
Journal Article
The HIV/AIDS Challenge
Book Review of The Economics of the Global Response to HIV/AIDS by Markus Haacker, Oxford: Oxford University Press, 2016, 290 pages
Journal Article
ECONOMIC HISTORY: The Last Big Housing Finance Reform
Policymakers concerned over the future of Fannie Mae and Freddie Mac may find a cautionary tale in the last time policymakers sought to reform the enterprises more than two decades ago.
Journal Article
Underinsuring for Old-Age Care
Briefing
How Couples Approach Portfolio Allocation
The classical theory of household portfolio allocation finds that the share of household wealth invested in risky assets is independent of the level of household wealth. However, this prediction is at odds with empirical observations. This Economic Brief presents findings that reconcile the two. A model in which a household's portfolio allocation reflects the preferences of both spouses, adjusted for the bargaining power of each spouse, predicts that the wealthier a household becomes, the greater the share of its wealth will be invested in risky assets.
Journal Article
Price Gouging