Search Results
Working Paper
Larceny in the Product Market: A Hidden Tax?
Jackson, Osborne; Tran, Thu
(2020-10-01)
This paper compares the distortionary impact of larceny theft across different product markets, characterizing such crime as a “hidden tax” on producers or consumers. We estimate the size of this tax and how it is affected by exogenous changes in larceny rates driven by the enactment of higher felony larceny thresholds. Pre-enactment hidden tax rates are small, ranging from 0.1 percent to 0.4 percent. These tax rates rise or fall with enactment, varying by product market. Such exogenous changes in the hidden tax induce state-level annual welfare changes that are minimal, ranging from ...
Working Papers
, Paper 20-14
Journal Article
America's second currency (food stamps)
Senauer, Ben
(1993-03)
A staple for 1 in 10 Americans, food stamp program may face reforms
The Region
, Issue Mar
, Pages 4-11
Working Paper
Managing Macroeconomic Fluctuations with Flexible Exchange Rate Targeting
Mihov, Ilian; Heipertz, Jonas; Santacreu, Ana Maria
(2020-12-07)
We show that a monetary policy rule that uses the exchange rate to stabilize the economy outperforms a Taylor rule in managing macroeconomics fluctuations and in achieving higher welfare. The differences between the rules are driven by: (i) the path of the nominal exchange rate and interest rate under each rule, and (ii) time variation in the risk premium, which leads to deviations from uncovered interest parity. These differences are larger in very open economies, more exposed to foreign shocks, and in which domestic and foreign goods are highly substitutable.
Working Papers
, Paper 2017-028
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
Journal Article
Edelman scrutinizes recent welfare reform efforts
anonymous
(1998-04)
Economics Update
, Issue Apr
, Pages 3
Working Paper
Unequal Climate Policy in an Unequal World
Belfiori, Elisa; Carroll, Daniel R.; Hur, Sewon
(2024-07-16)
We study climate policy in an economy with heterogeneous households, two types of goods (clean and dirty), and a climate externality from the dirty good. Using household expenditure and emissions data, we document that low-income households have higher emissions per dollar spent than high-income households, making a carbon tax regressive. We build a model that captures this fact and study climate policies that are neutral with respect to the income distribution. A central feature of these policies is that resource transfers across consumers are ruled out. We show that the constrained optimal ...
Globalization Institute Working Papers
, Paper 427
Report
Inflation, output and welfare
Rocheteau, Guillaume; Lagos, Ricardo
(2004)
This paper studies the effects of anticipated inflation on aggregate output and welfare within a search-theoretic framework. We allow money-holders to choose the intensities with which they search for trading partners, so inflation affects the frequency of trade as well as the quantity of output produced in each trade. We consider the standard pricing mechanism for search models, i.e., ex post bargaining, as well as a notion of competitive pricing. If prices are bargained over, the equilibrium is generically inefficient and an increase in inflation reduces buyers? search intensities, output ...
Staff Report
, Paper 342
Conference Paper
Lessons for future public policy and research
Nathan, Richard P.
(1986)
Conference Series ; [Proceedings]
, Volume 30
, Pages 245-255
Working Paper
The effect of Medicaid eligibility expansions on births
Bitler, Marianne; Zavodny, Madeline
(2000)
In an effort to increase the use of prenatal care by pregnant women and the utilization of medical care by children, eligibility for Medicaid was expanded dramatically for pregnant women and children during the 1980s and early 1990s. By lowering the costs of prenatal care, delivery, and child health care for some individuals, Medicaid expansions may prompt some women to give birth who otherwise would not have children or lead some women to have more children than they otherwise would have. This study uses natality data from 1983 to 1996 to examine the relationship between a state's ...
FRB Atlanta Working Paper
, Paper 2000-4
Working Paper
The impact of AFDC on birth decisions and program participation
Powers, Elizabeth T.
(1994)
A longitudinal study examining how the level of AFDC benefits and the per-child increment affect births. Although the findings support the "AFDC benefits cause births" hypothesis, the author shows that eliminating the new-birth increment would reduce total program costs by less than 3 percent, since both the per-dollar effect of benefits on births and the per-child increments themselves are small.
Working Papers (Old Series)
, Paper 9408
FILTER BY year
FILTER BY Bank
Federal Reserve Bank of Minneapolis 19 items
Federal Reserve Bank of St. Louis 18 items
Board of Governors of the Federal Reserve System (U.S.) 15 items
Federal Reserve Bank of Dallas 14 items
Federal Reserve Bank of Boston 11 items
Federal Reserve Bank of New York 11 items
Federal Reserve Bank of Cleveland 9 items
Federal Reserve Bank of Atlanta 8 items
Federal Reserve Bank of Philadelphia 8 items
Federal Reserve Bank of San Francisco 8 items
Federal Reserve Bank of Chicago 7 items
Federal Reserve Bank of Kansas City 7 items
Federal Reserve Bank of Richmond 4 items
show more (8)
show less
FILTER BY Series
Working Papers 33 items
Staff Report 11 items
Finance and Economics Discussion Series 10 items
Working Paper Series 9 items
Economic Policy Review 8 items
FRB Atlanta Working Paper 5 items
Globalization Institute Working Papers 5 items
Research Working Paper 5 items
Southwest Economy 5 items
Economic and Financial Policy Review 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
Opportunity and Inclusive Growth Institute Working Papers 2 items
Review 2 items
Staff Reports 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
FRB Atlanta CQER Working Paper 1 items
Federal Reserve Bulletin 1 items
Fiscal Facts 1 items
Liberty Street Economics 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 (34)
show less
FILTER BY Content Type
Working Paper 79 items
Journal Article 37 items
Report 13 items
Conference Paper 5 items
Discussion Paper 3 items
Newsletter 2 items
show more (1)
show less
FILTER BY Author
Carroll, Daniel R. 7 items
Hur, Sewon 7 items
Leibovici, Fernando 7 items
Saving, Jason L. 6 items
Kohn, David 5 items
Liu, Zheng 5 items
Nakamura, Leonard I. 5 items
Szkup, Michal 5 items
Daly, Mary C. 4 items
Heipertz, Jonas 4 items
Huang, Kevin X. D. 4 items
Mihov, Ilian 4 items
Powers, Elizabeth T. 4 items
Santacreu, Ana Maria 4 items
Aiyagari, S. Rao 3 items
Keane, Michael P. 3 items
Lipinska, Anna 3 items
Van den Heuvel, Skander J. 3 items
Zavodny, Madeline 3 items
anonymous 3 items
Becsi, Zsolt 2 items
Belfiori, Elisa 2 items
Bitler, Marianne 2 items
Braun, R. Anton 2 items
Burkhauser, Richard V. 2 items
De Paoli, Bianca 2 items
Eckstein, Zvi 2 items
Heathcote, Jonathan 2 items
Hoynes, Hilary W. 2 items
Kim, Jinill 2 items
Kim, Sunghyun Henry 2 items
Krolikowski, Pawel 2 items
Levchenko, Andrei A. 2 items
Matschke, Johannes 2 items
McCallum, Andrew H. 2 items
Moffitt, Robert A. 2 items
Storesletten, Kjetil 2 items
Violante, Giovanni L. 2 items
Wallace, Neil 2 items
Zhang, Jing 2 items
Alessandria, George 1 items
Anderson, Jacquelyn 1 items
Bandyopadhyay, Subhayu 1 items
Baslandze, Salomé 1 items
Basu, Susanto 1 items
Bean, Charles R. 1 items
Benjamin, Gary L. 1 items
Bianchi, Francesco 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
Chatterji-Len, Kasey 1 items
Chernick, Howard 1 items
Choi, Horag 1 items
Copeland, Adam 1 items
Corsetti, Giancarlo 1 items
Cox, W. Michael 1 items
Coyle, Diane 1 items
Derr, Michelle K. 1 items
Dinkelman, Taryn 1 items
Edge, Rochelle M. 1 items
Edin, Kathryn 1 items
Ferguson, Deron 1 items
Fuchs, Simon 1 items
Gelbach, Jonah B. 1 items
Greenwood, Jeremy 1 items
Haslag, Joseph H. 1 items
Hercowitz, Zvi 1 items
Hulten, Charles R. 1 items
Imrohoroglu, Ayse 1 items
Jackson, Osborne 1 items
Jones, John Bailey 1 items
Jung, Philip 1 items
Kabukcuoglu, Ayse 1 items
Kahn, Charles M. 1 items
Kareken, John H. 1 items
Katz, Jane 1 items
Kincaid, John 1 items
Kissane, Rebecca J. 1 items
Kondo, Illenin O. 1 items
Kuester, Keith 1 items
Kwok, Joyce 1 items
LaLonde, Robert J. 1 items
Lagos, Ricardo 1 items
Lashkari, Danial 1 items
Leahy, John V. 1 items
Levin, Andrew T. 1 items
Li, Rui 1 items
Li, Yue 1 items
Little, Jane Sneddon 1 items
Lombardo, Giovanni 1 items
Luo, Yulei 1 items
Maghin, Helene 1 items
Mandaleris, Elaine 1 items
Martin, Fernando M. 1 items
Marto, Ricardo 1 items
Mattey, Joe P. 1 items
Maurier, Ashley 1 items
Mayer, Susan E. 1 items
McGranahan, Leslie 1 items
Melosi, Leonardo 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
Nielsen, Eric R. 1 items
Nober, William 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
Pinkovskiy, Maxim L. 1 items
Pollard, Patricia S. 1 items
Prescott, Edward Simpson 1 items
Reimers, Cordelia 1 items
Rivadeneyra, Francisco 1 items
Rocheteau, Guillaume 1 items
Rossi, Peter E. 1 items
Rottner, Matthias 1 items
Ruhl, Kim J. 1 items
Rupert, Peter 1 items
Russell, Rebecca 1 items
Sager, Erick 1 items
Sala-i-Martin, Xavier X. 1 items
Sandler, Todd 1 items
Sara-Zaror, Francisca 1 items
Schiantarelli, Fabio 1 items
Schmidt, Lucie 1 items
Schulhofer-Wohl, Sam 1 items
Senauer, Ben 1 items
Serven, Luis 1 items
Spiegel, Mark M. 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
Tran, Thu 1 items
Trippe, Carole 1 items
Uribe, Martin 1 items
Van Leemput, Eva 1 items
Waugh, Michael E. 1 items
Wen, Yi 1 items
Williams, Noah 1 items
Wong, Tsz-Nga 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
Zhang, Jingyi 1 items
Zhu, Qi 1 items
de Soyres, Francois 1 items
di Giovanni, Julian 1 items
show more (162)
show less
FILTER BY Jel Classification
E21 9 items
F41 9 items
F1 7 items
F4 7 items
E52 6 items
F10 6 items
H21 6 items
F62 5 items
G21 5 items
D62 4 items
E31 4 items
E44 4 items
F12 4 items
F31 4 items
G15 4 items
D60 3 items
D83 3 items
E20 3 items
F13 3 items
G28 3 items
H20 3 items
H23 3 items
I31 3 items
O4 3 items
C61 2 items
C82 2 items
D30 2 items
D52 2 items
E01 2 items
E61 2 items
E62 2 items
F11 2 items
H40 2 items
J22 2 items
J24 2 items
O1 2 items
O18 2 items
O3 2 items
Q54 2 items
R13 2 items
C43 1 items
C51 1 items
C78 1 items
C81 1 items
C83 1 items
D11 1 items
D31 1 items
D33 1 items
D63 1 items
D81 1 items
D91 1 items
E13 1 items
E2 1 items
E32 1 items
E42 1 items
E50 1 items
E51 1 items
E58 1 items
E63 1 items
F14 1 items
F15 1 items
F34 1 items
F36 1 items
F38 1 items
F42 1 items
F43 1 items
F52 1 items
F68 1 items
G18 1 items
H24 1 items
H43 1 items
H54 1 items
H55 1 items
H56 1 items
I14 1 items
I38 1 items
J11 1 items
J21 1 items
J61 1 items
J62 1 items
K14 1 items
L11 1 items
L15 1 items
L16 1 items
M37 1 items
O14 1 items
O15 1 items
O24 1 items
O31 1 items
O33 1 items
O41 1 items
O47 1 items
show more (87)
show less
FILTER BY Keywords
Welfare 108 items
welfare 31 items
inequality 10 items
Inflation (Finance) 8 items
consumption 7 items
Poverty 6 items
Public welfare 6 items
Unemployment 6 items
taxation 6 items
Employment (Economic theory) 5 items
Inflation 5 items
financial development 5 items
tariffs 5 items
trade liberalization 5 items
Exchange Rate Management 4 items
Internet 4 items
Monetary Policy Rules 4 items
Social security 4 items
Sufficient statistics 4 items
Time-Varying Risk Premium 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
Labor market 3 items
Labor supply 3 items
Liquidity requirements 3 items
Monopolistic competition 3 items
National Accounts 3 items
Production (Economic theory) 3 items
Public policy 3 items
Taxation 3 items
production inputs 3 items
state finances 3 items
Business cycles 2 items
Capital Controls 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
Skill investment 2 items
Technology 2 items
Trade 2 items
capital controls 2 items
carbon tax 2 items
climate change 2 items
credit constraints 2 items
financial frictions 2 items
international trade 2 items
measurement 2 items
reallocation 2 items
Achievement gaps 1 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
Capital controls 1 items
Child care - Massachusetts 1 items
Child care - Rhode Island 1 items
China 1 items
Complete markets 1 items
Concentration 1 items
Consumer search 1 items
DSGE 1 items
Debt 1 items
Deflationary bias 1 items
Demand uncertainty 1 items
Discrete choice 1 items
Earnings inequality 1 items
Economic Growth 1 items
Economic diversity 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
Labor Supply 1 items
Labor flows 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
Ricardian models of trade 1 items
Risk Sharing 1 items
Robustness 1 items
Saving and investment 1 items
Search 1 items
Selection 1 items
Sequencing reforms 1 items
Social service 1 items
South AFrica 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
asymmetric rules 1 items
congestion 1 items
constrained optimization 1 items
crime 1 items
digital (directed) advertising 1 items
digital currencies 1 items
disanchoring of inflation expectations 1 items
econometrics 1 items
education 1 items
efficiency 1 items
financial repression 1 items
growth 1 items
hacking 1 items
health 1 items
household 1 items
inflation targeting 1 items
international asset markets 1 items
internet 1 items
larceny thresholds 1 items
liquidity traps 1 items
lump-sum payments 1 items
macroeconomic uncertainty 1 items
migration 1 items
misallocations 1 items
natural rates 1 items
nonhomothetic preferences 1 items
opportunistic reflation 1 items
optimal contracts 1 items
optimal tariffs 1 items
poverty 1 items
product markets 1 items
program evaluation 1 items
real consumption 1 items
risk 1 items
robustness 1 items
rural infrastructure 1 items
search 1 items
sectoral TFP 1 items
social planner 1 items
specialization 1 items
survey underreporting 1 items
targeting 1 items
tax reform 1 items
technological change 1 items
technological innovations 1 items
theft 1 items
time use 1 items
trade 1 items
trade policy 1 items
traditional (undirected) advertising 1 items
unemployment benefits 1 items
unemployment durations 1 items
varieties 1 items
wallets 1 items
zero lower bound 1 items
show more (198)
show less