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Examinations of the policy aspects of contemporary economic issues
169 publications found, searching for 'Public Policy Brief '
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Public Policy Brief No. 47December 09, 1998
Regulating HMOs
AbstractHMO medicine sets up an inevitable conflict between the physicians’ traditional fiduciary role and the financial interests of the health plan and its physicians. Regulatory interventions, such as the formulation…more
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Public Policy Brief No. 46November 08, 1998
Self-Reliance and Poverty
AbstractThe United States’ official poverty measure defines the poor in terms of a family’s actual, yearly cash income relative to an estimate of the income needed to sustain a minimally…more
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Public Policy Brief No. 45October 07, 1998
Did the Clinton Rising Tide Raise All Boats?
AbstractDuring the recent robust expansion only 700,000 of the almost 12 million jobs created went to the half of the population that does not have at least some college education….more
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Public Policy Brief No. 44September 06, 1998
The Asian Disease: Plausible Diagnoses, Possible Remedies
AbstractAsia presents a cumulation of apparently rational decisions that produced disastrous results—a textbook illustration of “financial instability” developing from the economics of euphoria. A combination of factors produced the crisis…more
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Public Policy Brief No. 43September 05, 1998
How Big Should the Public Capital Stock Be?
AbstractInvestment in infrastructure is necessary for a strong, flexible, and growing economy. However, the relationship between public capital and economic growth is not linear. At a certain level, the tax…more
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Public Policy Brief No. 42August 04, 1998
Automatic Adjustment of the Minimum Wage
AbstractThe fact that every change in the minimum wage requires an act of Congress means that debate over the wisdom of having a minimum is repeatedly returned to the political…more
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Public Policy Brief No. 41July 03, 1998
Side Effects of Progress
AbstractWhy does a dynamic growing economy have a persistent long-term unemployment problem? Research Associates Baumol and Wolff have isolated one cause. Although technological change, the engine of growth and economic…more
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Public Policy Brief No. 40May 02, 1998
Overcoming America’s Infrastructure Deficit
AbstractCondemned bridges, dilapidated school buildings, contaminated water supplies, and other infrastructure shortcomings threaten American growth, productivity, and prosperity. The authors of this brief propose a plan for financing infrastructure projects…more
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Public Policy Brief No. 39May 01, 1998
The Unmeasured Labor Force
AbstractIs the current labor market as tight as official statistics would seem to indicate? If incumbent workers increase their hours of work, it is irrelevant to the unemployment rate, but…more
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Public Policy Brief No. 38December 11, 1997
Who Pays for Disinflation?
AbstractUsing theoretical predictions, econometric results, and the example of the Volcker disinflation, Willem Thorbecke establishes that through disinflation’s burden on the durable goods and construction industries, small firms, and low-wage…more
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Public Policy Brief No. 37December 10, 1997
Investment in Innovation
AbstractSince the 1970s corporate America has become obsessed with shedding employees to cut costs and with distributing revenue to stockholders. However, the way for it to regain its competitive edge…more
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Public Policy Brief No. 36October 09, 1997
Dangerous Metaphor: The Fiction of the Labor Market
AbstractThe concept of a labor market, responding to familiar underpinnings of supply and demand, completely colors thought on the relationship between employment, wages, and inflation, according to James K. Galbraith….more
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Public Policy Brief No. 35October 08, 1997
Reflecting the Changing Face of America
AbstractOn the United States’ census form, American citizens are told they may list any ethnic ancestries with which they identify, but are instructed to “mark one only” in the question…more
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Public Policy Brief No. 34September 07, 1997
Safeguarding Social Security
AbstractThe falling ratio of workers to retirees in the United States has raised concerns about Social Security’s ability to continue to provide a base level of support for all retired…more
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Public Policy Brief No. 33August 06, 1997
Is There a Trade-Off between Unemployment and Inequality?
AbstractRebecca M. Blank considers how the flexibility of American labor markets and the regulation and redistribution policies of European labor markets may determine employers’ responses to worldwide economic transformations that…more
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Public Policy Brief No. 32August 05, 1997
What’s Missing from the Capital Gains Debate?
AbstractThe recent enactment of a capital gains tax cut resulted, according to the authors, from the absence of a true appreciation or consideration of the real beneficiaries of such a…more
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Public Policy Brief No. 31May 04, 1997
A New Path from Welfare to Work
AbstractThe author of this brief asks why welfare, workforce development, and unemployment insurance are operated as separate entities. If the goal of the new welfare law is to end dependency…more
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Public Policy Brief No. 30April 03, 1997
Prescription for Health Care Policy
AbstractWith health care delivery increasingly shaped by market and budgetary discipline, the provision of health care for all seems an ever-more-distant goal.The high cost of American health care is the…more
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Public Policy Brief No. 29February 02, 1997
Institutional Failure and the American Worker
AbstractDavid R. Howell argues that the collapse of low-skill wages in the United States cannot be explained by a skill mismatch resulting from a technology-driven decline in the demand for…more
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Public Policy Brief No. 28November 10, 1996
Making Work Pay
AbstractBarry Bluestone of the University of Massachusetts and Teresa Ghilarducci of the University of Notre Dame show that although the poverty rate for elderly Americans has declined over the past…more
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Public Policy Brief No. 27September 09, 1996
Targeting Inflation
AbstractThe targets for monetary policy adopted by the Fed in recent years have not proven to be closely correlated with inflation, leading some theorists and policymakers to advocate the use…more
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Public Policy Brief No. 26July 08, 1996
Making Unemployment Insurance Work
AbstractWhat is needed to solve the problem of growing long-term unemployment is a two-tiered system that distinguishes between short-term and long-term unemployment. The system should continue to function as an…more
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Public Policy Brief No. 25April 05, 1996
Capital Gains Taxes and Economic Growth
AbstractThis brief assesses the effect of a capital gains tax cut on firms’ decisions to undertake new investment projects and the possible effect of such projects on economic growth and…more
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Public Policy Brief No. 24February 04, 1996
Revisiting Bretton Woods
AbstractRaymond F. Mikesell outlines the activities of the International Monetary Fund (IMF) and the World Bank over the course of their history and evaluates the organizations’ success in meeting their…more
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