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Working Paper No. 147
Capital Gains Tax Cuts, Investment, and Growth
No further information available.
Public Policy Brief No. 23
A Critical Imbalance in US Trade
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 American markets are increasingly dominated by foreign manufacturers. Godley analyzes the problem posed by the current balance of payments deficit. Breaking down the current account […]
Public Policy Brief No. 22
Closing the R&D Gap
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, especially the research and experimentation tax credit, can contribute to closing the gap between nondefense expenditures on R&D in the United States and such expenditures […]
Working Paper No. 146
The Stock Market and the Corporate Sector
No further information available.
Working Paper No. 145
Financial Derivatives
No further information available.
Working Paper No. 144
The Distributional Effects of Disinflationary Monetary Policy
No further information available.
Working Paper No. 143
The Productivity Effects of Human Resource Management Practices
No further information available.
Public Policy Brief No. 21
The Consolidated Assistance Program
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 system that would provide economic incentives to work. He suggests combining elements of the earned income tax credit (EITC) and current welfare programs into one […]
Working Paper No. 142
Industrial Change and Social Mobility
No further information available.
Working Paper No. 141
Financial Innovation and Risk Management
No further information available.
Working Paper No. 140
The Deficiencies of the Unemployment Insurance System
No further information available.
Public Policy Brief No. 20
Assessing the Constitutional Route to Federal Budget Balance
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 balanced budget amendment is not a solution. In fact, such an amendment would divert attention from what is really needed, namely, establishing priorities and making […]