Publications

Examinations of the policy aspects of contemporary economic issues

169 publications found, searching for 'Public Policy Brief '

• Public Policy Brief No. 71
  January 04, 2003

  Can Monetary Policy Affect the Real Economy?

  Philip Arestis and Malcolm Sawyer
  Abstract

  Central bankers and many economists have abandoned “activist” policies and monetarism and adopted in their place a new view of the role of monetary policy. This view draws on many…more

  Download Public Policy Brief No. 71, 2003 PDF (141.92 KB)
• Public Policy Brief No. 70
  November 03, 2002

  Physician Incentives In Managed Care Organizations

  David J. Cooper and James B. Rebitzer
  Abstract

  This brief considers the interaction between physician incentive systems and product market competition in the delivery of medical services via managed care organizations. At the center of the analysis is…more

  Download Public Policy Brief No. 70, 2002 PDF (180.20 KB)
• Public Policy Brief No. 69
  November 02, 2002

  Should Banks Be “Narrowed”?

  Biagio Bossone
  Abstract

  In this brief, Biagio Bossone of the International Monetary Fund evaluates narrow banking from the perspective of modern theories of financial intermediation. These theories portray the status quo banking system…more

  Download Public Policy Brief No. 69, 2002 PDF (197.96 KB)
• Public Policy Brief No. 68
  August 01, 2002

  Optimal CRA Reform

  Kenneth H. Thomas
  Abstract

  At issue in the debate over the renewal of the Community Reinvestment Act (CRA) of 1977 are the various yardsticks regulators use to judge whether individual institutions are meeting the…more

  Download Public Policy Brief No. 68, 2002 PDF (316.17 KB)
• Public Policy Brief No. 66
  November 01, 2001

  Racial Wealth Disparities

  Edward N. Wolff
  Abstract

  Despite decades of policies aimed at improving the economic position of African Americans in terms of relative income and earnings, they remain substantially behind whites. The research presented in this…more

  Download Public Policy Brief No. 66, 2001 PDF (363.98 KB)
• Public Policy Brief No. 67
  November 01, 2001

  The Economic Consequences of German Unification

  Jörg Bibow
  Abstract

  Although the costs associated with moving an antiquated socialist economy toward its capitalist counterpart was anticipated to be significant, German industrial efficiency was expected to quickly overcome any challenges. Things…more

  Download Public Policy Brief No. 67, 2002 PDF (325.91 KB)
• Public Policy Brief No. 65
  August 01, 2001

  Easy Money through the Back Door

  Jörg Bibow
  Abstract

  This brief assesses the experiences of Europe’s policy regime in the two years since the introduction of the euro in 1999, particularly the performance of the European Central Bank (ECB),…more

  Download Public Policy Brief No. 65, 2001 PDF (193.58 KB)
• Public Policy Brief No. 64
  June 01, 2001

  Campaign Contributions, Policy Decisions, and Election Outcomes

  Christopher Magee
  Abstract

  Proposals for campaign finance reform are essentially based on the belief that political influence can be bought with financial donations to a candidate’s campaign. But do contributions really influence the…more

  Download Public Policy Brief No. 64, 2001 PDF (240.52 KB)
• Public Policy Brief No. 63
  March 01, 2001

  The Future of the Euro

  Philip Arestis, Kevin McCauley, and Malcolm Sawyer
  Abstract

  This brief provides a detailed description of the Stability and Growth Pact, an agreement entered into by the member states of the European Union that has far-reaching implications for the…more

  Download Public Policy Brief No. 63, 2001 PDF (142.45 KB)
• Public Policy Brief No. 62
  December 10, 2000

  Is There a Skills Crisis?

  Michael J. Handel
  Abstract

  Despite seven years of economic growth a large gap exists in the wages earned by workers at the top of the earnings scale and those at the bottom. The leading…more

  Download Public Policy Brief No. 62, 2000 PDF (209.86 KB)
• Public Policy Brief No. 61
  November 09, 2000

  Whither the Welfare State?

  Jamee K. Moudud and Ajit Zacharias
  Abstract

  The idea that saving is the force driving private investment and economic growth has become ever more entrenched in mainstream economic thought as well as in the minds of policymakers…more

  Download Public Policy Brief No. 61, 2000 PDF (198.67 KB)
• Public Policy Brief No. 60
  June 08, 2000

  A Dual Mandate for the Federal Reserve

  Willem Thorbecke
  Abstract

  The Federal Reserve currently has two legislated goals—price stability and full employment—but a debate continues about making price stability the Fed’s primary and overriding goal. Evidence from the recent history…more

  Download Public Policy Brief No. 60, 2000 PDF (160.87 KB)
• Public Policy Brief No. 59
  February 03, 2000

  Financing Long-Term Care

  Walter M. Cadette
  Abstract

  The nation is not prepared to deal with the jump in expenditures for long-term care that will come with the aging of the baby-boom generation. Only a small part of…more

  Download Public Policy Brief No. 59, 2000 PDF (141.21 KB)
• Public Policy Brief No. 58
  December 10, 1999

  A New Approach to Tax-Exempt Bonds

  Edward V. Regan
  Abstract

  The current system of tax-exempt bond financing is inefficient and inequitable because a large portion of the federal subsidy provided by the tax exemption does not reach state and local…more

  Download Public Policy Brief No. 58, 1999 PDF (137.88 KB)
• Public Policy Brief No. 57
  December 09, 1999

  Do Institutions Affect the Wage Structure?

  Oren Levin-Waldman
  Abstract

  Union strength is capable of boosting wages for workers at the low end of the income scale. Even when differences in education and industry type are accounted for, workers in…more

  Download Public Policy Brief No. 57, 1999 PDF (140.34 KB)
• Public Policy Brief No. 56
  November 02, 1999

  Risk Reduction in the New Financial Architecture

  Martin Mayer
  Abstract

  The causes for the instability that has marked the financial system over the past decade lie deep in the economic theory that urges easy and efficient substitution of one piece…more

  Download Public Policy Brief No. 56, 1999 PDF (183.57 KB)
• Public Policy Brief No. 55
  August 02, 1999

  Does Social Security Need Saving?

  Dimitri B. Papadimitriou and L. Randall Wray
  Abstract

  Projections of an impending crisis in financing Social Security depend on unduly pessimistic assumptions about basic demographic and economic variables. Moreover, even if the assumptions are accepted, the projected gap…more

  Download Public Policy Brief No. 55, 1999 PDF (284.91 KB)
• Public Policy Brief No. 53
  July 01, 1999

  Full Employment Has Not Been Achieved

  Dimitri B. Papadimitriou
  Abstract

  Claims that the nation has reached full employment take for granted the need for a reserve pool of labor to maintain price stability and labor market flexibility. But are millions…more

  Download Public Policy Brief No. 53, 1999 PDF (115.15 KB)
• Public Policy Brief No. 54
  July 01, 1999

  Down and Out in the United States

  Marc-André Pigeon and L. Randall Wray
  Abstract

  Despite a long period of strong economic growth, more than 28 million working-age persons were categorized by the Bureau of Labor Statistics as out of the labor force in 1998….more

  Download Public Policy Brief No. 54, 1999 PDF (273.59 KB)
• Public Policy Brief No. 52
  July 01, 1999

  Government Spending in a Growing Economy

  Jamee K. Moudud
  Abstract

  Based on neoclassical theory, cutting budget deficits has come to be seen as a principal way to increase long-run growth, but the empirical evidence is ambiguous on the outcome of…more

  Download Public Policy Brief No. 52, 1999 PDF (267.44 KB)
• Public Policy Brief No. 51
  March 01, 1999

  Small Business and Welfare Reform

  Oren Levin-Waldman
  Abstract

  The Levy Institute conducted a survey of small businesses to elicit information about their hiring and employment practices, especially the hiring of former welfare recipients; preferences regarding education, training, and…more

  Download Public Policy Brief No. 51, 1999 PDF (163.61 KB)
• Public Policy Brief No. 50
  February 01, 1999

  Public Employment and Economic Flexibility

  Mathew Forstater
  Abstract

  Central banks, national governments, and international organizations have resisted policies that would promote full employment because high employment and high capacity utilization are associated with structural rigidities that result in…more

  Download Public Policy Brief No. 50, 1999 PDF (110.85 KB)
• Public Policy Brief No. 49
  December 10, 1998

  Corporate Governance in Germany

  Mary O’Sullivan
  Abstract

  The postwar system of corporate governance in Germany is being threatened by the failure of some industries to maintain their competitive position (with resulting significant job losses) and pressures for…more

  Download Public Policy Brief No. 49, 1998 PDF (200.81 KB)
• Public Policy Brief No. 48
  December 09, 1998

  Japanese Corporate Governance and Strategy

  William H. Lazonick
  Abstract

  Despite the crisis in the Japanese financial sector, prolonged recession, and competitive challenges, Japan’s formidable productive system remains strong. Nevertheless, the system of corporate governance, which has pursued a strategy…more

  Download Public Policy Brief No. 48, 1998 PDF (9.83 MB)