The labor supply response to critical aspects of the Social Security program depends on whether behavior is "myopic" (conditioned by current benefits only) or "far-sighted" (conditioned by the entire future benefit stream). This behavior reflects attitudes toward risk and ability to borrow, as...

We investigated whether the September 11, 2001 terrorists’ attacks had any effect on employment, earnings, and residential mobility of first- and second-generation Arab and Muslim men in the United States. We find that September 11th did not significantly affect employment and hours of work of...

This paper uses microsimulation modeling to estimate the annual burden of federal, state, and local taxes on the poor in two states. We find that in 1988 the average burden of taxation on poor families and individuals was 15.3 percent in Massachusetts and 18 percent in New York. As most of the...