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Short-run fiscal policy: welfare, redistribution, and aggregate effects in the short and long run
Kitao, Sagiri
(2010)
This paper quantifies the effects of two short-run fiscal policies, a temporary tax cut and a temporary rebate transfer, that are intended to stimulate economic activity. A reduction in income taxation provides immediate incentives to work and save more, raising aggregate output and consumption. A temporary rebate is mostly saved and increases consumption marginally. Both policies improve the overall welfare of households, and the rebate policy especially benefits low-income households. In the long run, however, the debt accumulated to finance the stimulus and a higher tax to service the debt ...
Staff Reports
, Paper 442
Journal Article
From John Lindsay to Rudy Giuliani: the decline of the local safety net?
Kahn, Matthew E.; Glaeser, Edward L.
(1999-09)
This paper was presented at the conference "Unequal incomes, unequal outcomes? Economic inequality and measures of well-being" as part of session 4, "Economic inequality and local public services." The conference was held at the Federal Reserve Bank of New York on May 7, 1999. The authors contend that the future scope of city-based redistributive policies is limited. An important way in which policymakers work to reduce inequality is by redistributing income from the wealthy to the poor, channeling income tax revenue into spending on welfare and other services. The authors suggest, ...
Economic Policy Review
, Volume 5
, Issue Sep
, Pages 117-132
Journal Article
Using financial incentives to encourage welfare recipients to become economically self-sufficient - commentary
MaCurdy, Thomas
(2001-09)
Economic Policy Review
, Issue Sep
, Pages 127-132
Journal Article
North Texas income dip may reflect decline in education
Orrenius, Pia M.; Berman, Anna L.
(2006-09)
Southwest Economy
, Issue Sep
, Pages 10
Journal Article
How are families who left welfare doing over time? a comparison of two cohorts of welfare leavers - commentary
Hoynes, Hilary W.
(2001-09)
Economic Policy Review
, Issue Sep
, Pages 21-22
Journal Article
How are families who left welfare doing over time? a comparison of two cohorts of welfare leavers
Loprest, Pamela
(2001-09)
Economic Policy Review
, Issue Sep
, Pages 9-19
Journal Article
Public health and the public agenda
Thurm, Kevin
(1999-09)
This paper was presented as the distinguished address at the conference "Unequal incomes, unequal outcomes? Economic inequality and measures of well-being." The conference was held at the Federal Reserve Bank of New York on May 7, 1999. The author examines health issues, observing that infant mortality rates for African-Americans are twice as high as they are for white Americans; Chinese-Americans are four to five times more likely to suffer from liver cancer than other Americans; and Latinos and Native Americans develop diabetes at a rate twice and three times the U.S. average, ...
Economic Policy Review
, Volume 5
, Issue Sep
, Pages 43-47
Journal Article
Using financial incentives to encourage welfare recipients to become economically self-sufficient
Michalopoulos, Charles; Robins, Philip K.
(2001-09)
Economic Policy Review
, Issue Sep
, Pages 105-123
Journal Article
Do temporary jobs help low-skilled workers? : surprising data from Detroit
Houseman, Susan N.; Autor, David H.
(2007-10)
Because Detroit randomly assigns its welfare-to-work clients to different contractors ? some favoring temporary jobs, some not ? the researchers were able to uncover surprising data on whether temping helps the disadvantaged build careers.
Communities and Banking
, Issue Fall
, Pages 6-8
Journal Article
Changing caseloads: macro influences and micro composition - commentary
O'Neill, June
(2001-09)
Economic Policy Review
, Issue Sep
, Pages 57-59
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