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The Great Recession has left tens of millions of families facing unemployment, underemployment and the threat of losing their home. However,concerns over the deficit threaten to derail efforts to turn around the economy and spur employment. This report attempts to correct many of the...
Persistent link: https://www.econbiz.de/10008563396
Many proponents of conservative fiscal policies talk of the budget deficit as being a matter of intergenerational equality. However, this paper shows the younger generations (and those yet to be born) will contribute more to the deficit than older generations. This analysis uses data from the...
Persistent link: https://www.econbiz.de/10008545824
also have higher life expectancies than the U.S.). This could also allow them to enjoy much higher retirement incomes than …
Persistent link: https://www.econbiz.de/10008545831
Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA). The results show that the 1st income quintile of … seniors experienced a fall in the rate of expenditures for prescription drugs and the 2nd income quintile saw a slowing of the … rate of increase in expenditures. However, senior households in the middle- and upper-income quintiles saw a rise in …
Persistent link: https://www.econbiz.de/10005048508
Critics of legislation requiring employers to provide paid sick days frequently argue that these measures will lead to job loss and raise the national unemployment rate. However, this issue brief shows that the experience of 22 countries with the highest level of social and economic development...
Persistent link: https://www.econbiz.de/10005256261
This report finds that the U.S. is the only country among 22 countries ranked highly in terms of economic and human development that does not guarantee that workers receive paid sick days or paid sick leave. Under current U.S. labor law, employers are not required to provide short-term paid sick...
Persistent link: https://www.econbiz.de/10005256262
This paper uses data from the Current Population Surveys for 1980 through 2011 to review trends in health-insurance coverage rates for low-wage workers (defined as workers in the bottom fifth of the wage distribution in each survey year). In 2010, over 38 percent of low-wage workers lacked...
Persistent link: https://www.econbiz.de/10009649732
The Argentine economy has grown 94 percent for the years 2002-2011, using International Monetary Fund projections for the end of this year. This is the fastest growth in the Western Hemisphere for this period, and among the highest growth rates in the world. It also compares favorably to...
Persistent link: https://www.econbiz.de/10009359466
This paper examines some of the economic issues that could be relevant to Mexico’s July 1st presidential election. These include the short-term impact of the 2008-2009 recession and recovery; the longer-term record of Mexico’s economy since the Partido Acción Nacional (PAN) party took power...
Persistent link: https://www.econbiz.de/10010556769
Outside observers could be forgiven for expecting Ecuador to suffer terribly during and after the recent global crisis. Two of the country’s largest sources of foreign earnings, petroleum exports and remittances from abroad, crashed during the global recession. Furthermore, lacking its own...
Persistent link: https://www.econbiz.de/10010556772