Publications

Examinations of the policy aspects of contemporary economic issues

169 publications found, searching for 'Public Policy Brief '

• Public Policy Brief No. 23
  September 20, 1995

  A Critical Imbalance in US Trade

  Wynne Godley
  Abstract

  According to Wynne Godley, the significance of the deficit in the United States’ balance of payments has been underestimated in both public policy and academic discussions, despite the fact that…more

  Download Public Policy Brief No. 23, 1995 PDF (2.24 MB)
• Public Policy Brief No. 22
  September 19, 1995

  Closing the R&D Gap

  Thomas Karier
  Abstract

  Both spending and tax policies have been implemented in the United States with the goal of stimulating private sector research and development (R&D). Thomas Karier questions whether current R&D policy,…more

  Download Public Policy Brief No. 22, 1995 PDF (8.92 MB)
• Public Policy Brief No. 21
  May 09, 1995

  The Consolidated Assistance Program

  Oren Levin-Waldman
  Abstract

  In this brief, Oren M. Levin-Waldman examines the structure of existing welfare programs and concludes that the current array of benefits could be synchronized and consolidated to create a new…more

  Download Public Policy Brief No. 21, 1995 PDF (8.73 MB)
• Public Policy Brief No. 20
  April 08, 1995

  Assessing the Constitutional Route to Federal Budget Balance

  Charles J. Whalen
  Abstract

  Charles J. Whalen evaluates the political and economic arguments in favor of a constitutional amendment requiring a balanced budget and concludes that, although today’s federal budget process needs reform, the…more

  Download Public Policy Brief No. 20, 1995 PDF (7.24 MB)
• Public Policy Brief No. 19
  April 05, 1995

  Cooperate to Compete

  Takao Kato
  Abstract

  Takao Kato outlines the types of human resource management practices (HRMPs) used in Japan and the effect of these employee participation programs on employee productivity and economic competitiveness. From these…more

  Download Public Policy Brief No. 19, 1995 PDF (148.10 KB)
• Public Policy Brief No. 18
  January 04, 1995

  The Economics of Aging

  S. Jay Levy
  Abstract

  S. Jay Levy presents a preliminary study of the consumption patterns of retirees and nonretirees during the 1980s, paying particular attention to the distribution of the national consumer product. The…more

  Download Public Policy Brief No. 18, 1995 PDF (4.46 MB)
• Public Policy Brief No. 17
  January 01, 1995

  Narrow Banking Reconsidered

  Ronnie J. Phillips
  Abstract

  The functional approach to reforming the financial system advocates the structural separation of the depository and lending functions of banks. As a result of such a separation, monetary and credit…more

  Download Public Policy Brief No. 17, 1995 PDF (188.89 KB)
• Public Policy Brief No. 16
  November 10, 1994

  Infrastructure Investment for Tomorrow

  Edward V. Regan
  Abstract

  The author presents a long-term public investment proposal to preserve and upgrade the nation’s infrastructure system, offering a unique financing plan to eliminate much of the backlog of deferred maintenance…more

  Download Public Policy Brief No. 16, 1994 PDF (10.52 MB)
• Public Policy Brief No. 15
  September 09, 1994

  Monetary Policy Uncovered

  Dimitri B. Papadimitriou and L. Randall Wray
  Abstract

  Experience with a variety of targets has cast doubt on the likelihood that a single variable can be found to be closely and reliably linked to future inflation; it is…more

  Download Public Policy Brief No. 15, 1994 PDF (9.49 MB)
• Public Policy Brief No. 14
  September 08, 1994

  Linking Public Capital to Economic Performance

  Sharon J. Erenburg
  Abstract

  Following up on findings by J. Bradford DeLong and Lawrence Summers that a robust statistical relationship exists between productivity and private sector investment in plant and equipment, the author explores…more

  Download Public Policy Brief No. 14, 1994 PDF (271.37 KB)
• Public Policy Brief No. 13
  June 07, 1994

  Investment Tax Credit Reconsidered

  Thomas Karier
  Abstract

  In this brief, Thomas Karier explores the efficacy of the investment tax credit (ITC) in stimulating private investment spending. He notes that there are three possible channels through which an…more

  Download Public Policy Brief No. 13, 1994 PDF (8.12 MB)
• Public Policy Brief No. 12
  May 06, 1994

  An Alternative in Small Business Finance

  Dimitri B. Papadimitriou, Ronnie J. Phillips, and L. Randall Wray
  Abstract

  At a time when small businesses are suffering from a credit crunch, “niche” financial institutions are filling the void left by more traditional sources of financing, such as commercial banks….more

  Download Public Policy Brief No. 12, 1994 PDF (161.47 KB)
• Public Policy Brief No. 11
  March 03, 1994

  A Path to Good Jobs?

  Robert M. Hutchens
  Abstract

  Robert M. Hutchens examines three paths by which a young person with limited academic credentials may avoid a life of unemployment and low wages: obtaining additional formal schooling, securing a…more

  Download Public Policy Brief No. 11, 1994 PDF (189.83 KB)
• Public Policy Brief No. 10
  November 10, 1993

  Job-lock: An Impediment to Labor Mobility?

  Douglas Holtz-Eakin
  Abstract

  Recent survey results and anecdotal evidence appear to indicate that workers sometimes sacrifice job opportunities by remaining in their current position in order to retain health benefits. If “job-lock” is…more

  Download Public Policy Brief No. 10, 1993 PDF (153.94 KB)
• Public Policy Brief No. 9
  October 09, 1993

  The Investment-Finance Link

  Steven M. Fazzari
  Abstract

  The author of this brief offers evidence that policies aimed at stimulating private sector investment through interest rate reductions are, at best, misguided. He concludes that, while there may be…more

  Download Public Policy Brief No. 9, 1993 PDF (3.89 MB)
• Public Policy Brief No. 8
  September 08, 1993

  Financing Prosperity in the Next Century

  James R. Barth and R. Dan Brumbaugh
  Abstract

  The authors of this brief propose a series of reforms aimed at making bank regulations compatible with the changing financial system. They present evidence to support their contention that change…more

  Download Public Policy Brief No. 8, 1993 PDF (4.36 MB)
• Public Policy Brief No. 7
  June 07, 1993

  Immigration Policy: A Tool of Labor Economics?

  Vernon M. Briggs
  Abstract

  Vernon M. Briggs argues that, while mass immigration in the past was consistent with then-existing labor market needs, today it is incompatible with the nation’s economic development trends and labor…more

  Download Public Policy Brief No. 7, 1993 PDF (2.29 MB)
• Public Policy Brief No. 6
  May 06, 1993

  A Path to Community Development

  Dimitri B. Papadimitriou, Ronnie J. Phillips, and L. Randall Wray
  Abstract

  The establishment of a system of federally regulated, for-profit community development banks (CDBs) would help to fill the financial gap in areas inadequately served by traditional banks, requirements of the…more

  Download Public Policy Brief No. 6, 1993 PDF (1.88 MB)
• Public Policy Brief No. 6
  May 06, 1993

  A Path to Community Development

  Dimitri B. Papadimitriou, Ronnie J. Phillips, and L. Randall Wray
  Abstract

  Η δημιουργία ενός εθνικού συστήματος τραπεζών κοινοτικής ανάπτυξης θα βοηθούσε να καλυφθεί το χρηματοδοτικό κενό σε περιοχές  που δεν εξυπηρετούνται επαρκώς από τις παραδοσιακές τράπεζες παρά τις απαιτήσεις της Πράξης…more

  Download PDF (617.20 KB)
• Public Policy Brief No. 5
  May 05, 1993

  The Limits of Prudential Supervision

  Bernard Shull
  Abstract

  According to Bernard Shull, although the recent round of banking legislation—most notably the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) and the Federal Deposit Insurance Corporation Improvement Act (FDICIA)—did…more

  Download Public Policy Brief No. 5, 1993 PDF (2.27 MB)
• Public Policy Brief No. 4
  March 03, 1993

  Public Infrastructure Investment: A Bridge to Productivity Growth?

  David Alan Aschauer and Douglas Holtz-Eakin
  Abstract

  This brief presents contrasting views on the effects of public infrastructure investment on private sector productivity. David Alan Aschauer states that the slower rate of productivity growth since the early…more

  Download Public Policy Brief No. 4, 1993 PDF (8.87 MB)
• Public Policy Brief No. 3
  January 01, 1993

  Community Development Banking

  Hyman P. Minsky, Dimitri B. Papadimitriou, Ronnie J. Phillips, and L. Randall Wray
  Abstract

  This brief proposes that the establishment of a nationwide system of community development banks (CDBs) would advance the capital development of the economy. The proposal is based on the notion…more

  Download Public Policy Brief No. 3, 1993 PDF (98.53 KB)
• Public Policy Brief No. 3
  January 01, 1993

  Τραπεζικό σύστημα κοινοτικής ανάπτυξης

  Hyman P. Minsky, Dimitri B. Papadimitriou, Ronnie J. Phillips, and L. Randall Wray
  Abstract

  Το κείμενο προτείνει την εγκαθίδρυση ενός εθνικού συστήματος τραπεζών κοινοτικής ανάπτυξης για την προώθηση της κεφαλαιακής ανάπτυξης της οικονομίας. Η πρόταση βασίζεται στην άποψη ότι η υπάρχουσα χρηματοπιστωτική δομή είναι…more

  Download Κείμενο Δημόσιας Πολιτικής Νο. 3 PDF (558.90 KB)
• Public Policy Brief No. 2
  September 10, 1992

  An Economic Assessment: Contained Depression or the Foothills of Recovery?

  Robert J. Barbera and David A. Levy
  Abstract

  Robert Barbera and David A. Levy offer contrasting assessments of the United States’ economy during the late 1980s and early 1990s. Barbera suggests that the behavior of the economy was…more

  Download Public Policy Brief No. 2, 1992 PDF (17.09 MB)