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Reports outlining the structure and results of studies undertaken by Levy Institute scholars
33 publications found, searching for 'Research Project Report '
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Research Project Report
March 19, 2024
Integrating Nonmarket Consumption into the Bureau of Labor Statistics Consumer Expenditure Survey
AbstractIn spring 2021, under the direction and encouragement of Commissioner William Beach, the US Bureau of Labor Statistics (BLS) kicked off a major initiative—to produce a measure of consumption to supplement the release of consumer expenditures. The production of such a measure would fill a data gap regarding household economic well-being. For years BLS staff, […]
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Research Project Report
June 30, 2022
Assessing the Impact of Childcare Expansion in Mexico
AbstractThere is broad consensus in both research and policy circles that one of the key reasons for a lack of progress in reducing gender gaps in employment and wages is the persistent gender imbalance in unpaid work, three-quarters of which is performed by women. Universal access to quality care services enables the reduction of this […]
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Research Project Report
July 08, 2021
Scope and Effects of Reducing Time Deficits via Intrahousehold Redistribution of Household Production
AbstractGender disparity in the division of responsibilities for unpaid care and domestic work (household production) is a central and pervasive component of inequalities between men and women and boys and girls. Reducing disparity in household production figures as one element of the goal of gender equality enshrined in the United Nations’ Sustainable Development Goals (SDGs) […]
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Research Project Report
September 17, 2019
Macroeconomic and Microeconomic Impacts of Improving Physical and Social Infrastructure
AbstractFeminist economics has long emphasized the role of physical and social infrastructure as determinants of the time women spend on household production (the provision of unpaid domestic services and care). Surprisingly, there is a lack of studies that directly investigate how infrastructure improvements affect the time spent on household production and commuting to work, which […]
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Research Project Report
April 01, 2019
Investing in Early Childhood Education and Care in Kyrgyz Republic
AbstractExpansion of early childhood education and care (ECEC) services for all is a matter of the choices made regarding the allocation of public resources. As such, it is as much an issue of children’s well-being and gender equality as it is an issue of economic policy and fiscal allocation. This study—authored by Institute scholars Ipek […]
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Research Project Report
August 08, 2018
The Measurement of Time and Consumption Poverty in Ghana and Tanzania
AbstractTime constraints that stem from the overlapping domains of paid and unpaid work are of central concern to the debates surrounding the economic development of developing countries in general and countries of sub-Saharan Africa in particular. Time deficits due to household production are especially acute in these countries due to the poor state of social […]
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Research Project Report
April 17, 2018
Public Service Employment
AbstractDespite reports of a healthy US labor market, millions of Americans remain unemployed and underemployed, or have simply given up looking for work. It is a problem that plagues our economy in good times and in bad—there are never enough jobs available for all who want to work. L. Randall Wray, Flavia Dantas, Scott Fullwiler, […]
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Research Project Report
February 06, 2018
The Macroeconomic Effects of Student Debt Cancellation
AbstractAmong the more ambitious policies that have been proposed to address the problem of escalating student loan debt are various forms of debt cancellation. In this report, Scott Fullwiler, Research Associate Stephanie Kelton, Catherine Ruetschlin, and Marshall Steinbaum examine the likely macroeconomic impacts of a one-time, federally funded cancellation of all outstanding student debt. The […]
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Research Project Report
September 22, 2015
The Impact of Public Investment in Social Care Services on Employment, Gender Equality, and Poverty
AbstractProduced in partnership with the International Labour Organization, United Nations Development Programme, and UN Women, this report examines the demand-side rationale for a public investment in the social care sector—specifically, early childhood care and preschool education (ECCPE)—by comparing its potential for job creation, pro-women allocation of jobs, and poverty reduction with an equivalent investment in […]
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Research Project Report
April 06, 2015
Reforming the Fed’s Policy Response in the Era of Shadow Banking
AbstractThis monograph is part of the Levy Institute’s Research and Policy Dialogue Project on Improving Governance of the Government Safety Net in Financial Crisis, a two-year project funded by the Ford Foundation. This is the fourth in a series of reports summarizing the findings of the Research and Policy Dialogue Project on Improving Governance of […]
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Research Project Report
August 28, 2014
The Measurement of Time and Income Poverty in Korea
AbstractThis report presents findings from a joint project of the Levy Economics Institute and the Korea Employment Information Service, with the central objective of developing a measure of time and income poverty for Korea that takes into account household production (unpaid work) requirements. Standard measurements of poverty assume that all households have enough time to […]
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Research Project Report
May 01, 2014
Time Deficits and Poverty
AbstractOfficial poverty lines in Turkey and other countries often ignore the fact that unpaid household production activities that contribute to the fulfillment of material needs and wants are essential for the household to reproduce itself as a unit. This omission has consequences. Taking household production for granted when measuring poverty yields an unacceptably incomplete picture, […]
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Research Project Report
April 11, 2014
Federal Reserve Bank Governance and Independence during Financial Crisis
AbstractThis monograph is part of the Levy Institute’s Research and Policy Dialogue Project on Improving Governance of the Government Safety Net in Financial Crisis, a two-year project funded by the Ford Foundation. This is the third in a series of reports examining the Federal Reserve Bank’s response to the global financial crisis, with particular emphasis […]
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Research Project Report
April 10, 2013
The Lender of Last Resort: A Critical Analysis of the Federal Reserve’s Unprecedented Intervention after 2007
AbstractThis monograph is part of the Levy Institute’s Research and Policy Dialogue Project on Improving Governance of the Government Safety Net in Financial Crisis, a two-year project funded by the Ford Foundation. “Never waste a crisis.” Those words were often invoked by reformers who wanted to tighten regulations and financial supervision in the aftermath of […]
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Research Project Report
December 21, 2012
The Interlocking of Time and Income Deficits
AbstractThis report is published as part of the “Undoing Knots, Innovating for Change” series, issued by the United Nations Development Programme (UNDP) Regional Centre for Latin America and the Caribbean through its Gender Practice Area. It includes findings from a UNDP-supported research project undertaken in 2011 by the Levy Economics Institute with the objective of […]
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Research Project Report
August 16, 2012
Why Time Deficits Matter
AbstractCustomarily, income poverty incidence is judged by the ability of individuals and households to gain access to some level of minimum income based on the premise that such access ensures the fulfillment of basic material needs. However, this approach neglects to take into account the necessary (unpaid) household production requirements without which basic needs cannot […]
Download Research Project Report, August 16, 2012 PDF (1.70 MB) -
Research Project Report
April 10, 2012
Using Minsky to Simplify Financial Regulation
AbstractThis monograph is part of the Institute’s research program on Financial Instability and the Reregulation of Financial Institutions and Markets, funded by the Ford Foundation. Its purpose is to investigate the causes and development of the recent financial crisis from the point of view of the late financial economist and Levy Distinguished Scholar Hyman Minsky, […]
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Research Project Report
April 10, 2012
Improving Governance of the Government Safety Net in Financial Crisis
AbstractThis monograph is part of the Levy Institute’s Research and Policy Dialogue Project on Improving Governance of the Government Safety Net in Financial Crisis, a two-year project funded by the Ford Foundation. In the current financial crisis, the United States has relied on two primary methods of extending the government safety net: a stimulus package […]
Download Research Project Report, April 9, 2012 PDF (1.08 MB) -
Research Project Report
April 12, 2011
Minsky on the Reregulation and Restructuring of the Financial System
AbstractThis monograph is part of the Institute’s ongoing research program on Financial Instability and the Reregulation of Financial Institutions and Markets, funded by the Ford Foundation. This program’s purpose is to investigate the causes and development of the recent financial crisis from the point of view of the late financial economist and Levy Distinguished Scholar […]
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Research Project Report
November 16, 2009
Has Progress Been Made in Alleviating Racial Economic Inequality?
AbstractReports of a postracial society may be premature. Studies continue to show wide racial gaps in income and, especially, wealth; although there is some evidence that income gaps have shrunk over the past half century, wealth inequality is large and persistent. In this report, the authors examine trends in economic well-being between 1959 and 2007 […]
Download LIMEW Report, November 2009 PDF (223.92 KB) -
Research Project Report
April 09, 2009
New Estimates of Economic Inequality in America, 1959—2004
AbstractIn this latest LIMEW report, the authors present new evidence on the pattern of economic inequality in the United States that indicates higher inequality in 2004 than in 1959. According to the LIMEW, there was a surge in inequality between 1989 and 2000 that reflects the large increase in income from wealth for the top […]
Download LIMEW Report, April 2009 PDF (434.52 KB) -
Research Project Report
February 19, 2009
What Are the Long-Term Trends in Intergroup Economic Disparities?
AbstractOver the last half century, government policy has had an important hand in alleviating disparities among population subgroups in the United States; for example, special tax treatment for families with children has meant an improvement in the well-being of single mothers, and Medicare and Social Security have been the driving force in improving well-being among […]
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Research Project Report
February 03, 2009
Postwar Trends in Economic Well-Being in the United States,1959–2004
AbstractThe Levy Institute Measure of Economic Well-Being (LIMEW) is a more comprehensive measure than either gross money income or extended income because it includes estimates of public consumption and household production, as well as the long-run benefits from the ownership of wealth. As a result, it provides a picture of economic well-being in the United […]
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Research Project Report No. 34
January 02, 2008
Joint Project of UNDP and Levy Institute on Public Employment
AbstractJoint UNDP—Levy Institute Study Focuses on Employment Guarantee Strategies The recent financial turmoil has brought with it worldwide acceptance of the fact that, when markets fail, government intervention is indispensable. One manifestation of market failure, within the sphere of production, is the inability of private sector investment to absorb surplus labor. In such instances, government […]