Search Results
Showing results 1 to 10 of approximately 107.
(refine search)
Working Paper
Health Shocks, Health Insurance, Human Capital, and the Dynamics of Earnings and Health
Capatina, Elena; Keane, Michael P.
(2023-11-15)
We specify and calibrate a life-cycle model of labor supply and savings incorporating health shocks and medical treatment decisions. Our model features endogenous wage formation via human capital accumulation, employer-sponsored health insurance, and means-tested social insurance. We use the model to study the effects of health shocks on health, labor supply and earnings, and to assess how health shocks contribute to earnings inequality. We also simulate provision of public insurance to agents who lack employer-sponsored insurance. The public insurance program substantially increases medical ...
Opportunity and Inclusive Growth Institute Working Papers
, Paper 080
Working Paper
A transitional analysis of the welfare cost of inflation
Burdick, Clark A.
(1997)
This paper applies new computational methods for studying nonstationary dynamics to reevaluate the welfare cost of inflation. A dynamic stochastic general equilibrium model with heterogeneous agents is studied. Incomplete markets induce agents to hold a fiat currency as insurance against idiosyncratic income fluctuations. Rather than comparing steady state equilibria, I measure the welfare cost of inflation by explicitly modeling the transitional dynamics that arise following a change in monetary policy. Transitional dynamics are shown to increase the welfare cost of inflation substantially. ...
FRB Atlanta Working Paper
, Paper 97-15
Journal Article
Is umemployment too low? How welfare reform and technology are creating a new employment standard
Saving, Jason L.
(1998-11)
Southwest Economy
, Issue Nov
, Pages 5-8
Journal Article
Are economic flexibility and social welfare programs incompatible?
Zaretsky, Adam M.
(1995-01)
The Regional Economist
, Issue Jan
, Pages 10-11
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
Discussion Paper
The Supplemental Security Income Program and welfare reform
Schmidt, Lucie
(2012)
Over the past 20 years, the Supplemental Security Income Program (SSI), which provides federally funded income support for disabled individuals, has become one of the most important means-tested cash aid programs in the United States. However, little research has examined the determinants of growth in SSI caseloads across states and over time. In this paper I use state panel data, exploiting variation both across states and over time, to determine what factors determine SSI disabled caseloads. I examine the relative importance of a number of factors, including economic conditions, health ...
Public Policy Discussion Paper
, Paper 12-3
Working Paper
Managing Macroeconomic Fluctuations with Flexible Exchange Rate Targeting
Mihov, Ilian; Heipertz, Jonas; Santacreu, Ana Maria
(2022-01-16)
We show that a monetary policy rule that uses the exchange rate to stabilize the economy can outperform a Taylor rule in managing macroeconomics fluctuations and in achieving higher welfare. The differences between the rules are driven by: (i) the paths of the nominal exchange rate and the interest rate under each rule and (ii) external habits in consumption, which leads to deviations from uncovered interest parity. These differences are larger in economies, which are very open, which are more exposed to foreign shocks, or in which domestic and foreign goods are highly substitutable.
Working Papers
, Paper 2017-028
Journal Article
A new idea for welfare reform
Keane, Michael P.
(1995-04)
This article analyzes several proposals to build work incentives into the U.S. welfare system. It concludes that the most cost effective way to do that is to offer a work subsidy to all low-income single parents?in other words, to simply pay them for working in the labor market. This conclusion is based on a model of the labor force participation behavior of low-income single mothers that the author developed with Robert Moffitt. Among the proposals evaluated in the article, besides the work subsidy, are proposals to reduce the rate that welfare benefits are reduced when welfare recipients ...
Quarterly Review
, Volume 19
, Issue Spr
, Pages 2-28
Working Paper
Macroprudential Policy Interlinkages
Matschke, Johannes
(2021-09-30)
Emerging markets are concerned about sudden stops in international capital flows, which may lead to severe recessions associated with vicious spirals of currency depreciations and tightening borrowing constraints. A common prescription is to impose macroprudential policies, including prudential capital controls, to limit international borrowing especially in foreign currency. This paper analyzes the supportive role of macroprudential policies geared toward the domestic financial market, suggesting that emerging markets should resort to a wide mix of policies, even when the domestic financial ...
Research Working Paper
, Paper RWP 21-10
Working Paper
Comparing the welfare costs and the initial dynamics of alternative temporary stabilization policies
Uribe, Martin
(1996)
This paper compares the welfare costs and initial dynamics of three alternative inflation stabilization policies using the staggered price model with imperfect credibility and currency substitution developed by Calvo and Vegh (1990). In addition to the policies analyzed by Calvo and Vegh (1990)--a temporary exchange-rate based stabilization program (ERB) and a temporary money based program (MB)--this paper considers a third stabilization policy consisting of a temporary money based program with initial reliquefication--i.e., an initial once-and-for-all increase in the money supply--that keeps ...
International Finance Discussion Papers
, Paper 539
FILTER BY year
FILTER BY Bank
Federal Reserve Bank of Minneapolis 17 items
Board of Governors of the Federal Reserve System (U.S.) 14 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
Finance and Economics Discussion Series 9 items
Economic Policy Review 8 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 51 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
Sager, Erick 1 items
Sandler, Todd 1 items
Sara-Zaror, Francisca 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
Timoshenko, Olga 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 (122)
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
E31 2 items
F12 2 items
F13 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
E50 1 items
E61 1 items
F10 1 items
F11 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
L11 1 items
L16 1 items
O18 1 items
O24 1 items
R13 1 items
show more (47)
show less
FILTER BY Keywords
Welfare 107 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
Inflation 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
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
Microdata 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
Consumer search 1 items
DSGE 1 items
Debt 1 items
Demand uncertainty 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
Extensive margin 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
Firm size distribution 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
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
Selection 1 items
Social service 1 items
Sunk cost 1 items
Tagging 1 items
Tariffs 1 items
Tax progressivity 1 items
Terrorism 1 items
Trade elasticities 1 items
Valued government expenditures 1 items
Well-Being 1 items
West (U.S.) 1 items
risk 1 items
show more (118)
show less