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The Insurance Value of State Tax-and-Transfer Programs

Hoynes, Hilary Williamson - 2010

to predictable changes in income (and family circumstances), and insurance value, which occurs when taxes and transfers … redistributive value of state tax-and-transfer programs sharply declines with income, but that the insurance value of transfers is …. Hence, the insurance value mitigates the incentives for mobility that would "undo" state redistributive spending …

Persistent link: https://www.econbiz.de/10013139136

Do Cash Transfers Improve Birth Outcomes? Evidence from Matched Vital Statistics, Social Security and Program Data

Amarante, Verónica - 2011

's smoking all appear to contribute to the effect. We conclude that, by improving child health, unrestricted unconditional cash …

Persistent link: https://www.econbiz.de/10013117209

Net Fiscal Stimulus During the Great Recession

Aizenman, Joshua - 2011

This paper studies the patterns of fiscal stimuli in the OECD countries propagated by the global crisis. Overall, we find that the USA net fiscal stimulus was modest relative to peers, despite it being the epicenter of the crisis, and having access to relatively cheap funding of its twin...

Persistent link: https://www.econbiz.de/10013130261

Does Fiscal Policy Matter? Blinder and Solow Revisited

Farmer, Roger E. A. - 2010

This paper uses the old-Keynesian representative agent model developed in Farmer (2010b) to answer two questions: 1) do increased government purchases crowd out private consumption? 2) do increased government purchases reduce unemployment? Farmer compared permanent tax financed expenditure paths...

Persistent link: https://www.econbiz.de/10013134828

In Search of the Multiplier for Federal Spending in the States During the Great Depression

Fishback, Price V. - 2010

If there was any time to expect a large peace-time multiplier effect from federal spending in the states, it would have been during the period from 1930 through 1940. Interest rates were near the zero bound, and unemployment rates never fell below 10 percent and there was ample idle capacity. We...

Persistent link: https://www.econbiz.de/10013135808

How Big (Small?) are Fiscal Multipliers?

Ilzetzki, Ethan - 2010

We contribute to the debate on the macroeconomic effects of fiscal stimuli by showing that the impact of government expenditure shocks depends crucially on key country characteristics, such as the level of development, exchange rate regime, openness to trade, and public indebtedness. Based on a...

Persistent link: https://www.econbiz.de/10013136746

Is Crowding Out Due Entirely to Fundraising? Evidence from a Panel of Charities

Andreoni, James - 2010

When the government gives a grant to a private charitable organization, do the donors to that organization give less? If they do, is it because the grants crowd out donors who feel they gave through taxes (classic crowd out), or is it because the grant crowds out the fund-raising of the...

Persistent link: https://www.econbiz.de/10013138085

The Effects of Fiscal Stimulus : Evidence from the 2009 'Cash for Clunkers' Program

Mian, Atif R. - 2010

A key rationale for fiscal stimulus is to boost consumption when aggregate demand is perceived to be inefficiently low. We examine the ability of the government to increase consumption by evaluating the impact of the 2009 "Cash for Clunkers" program on short and medium run auto purchases. Our...

Persistent link: https://www.econbiz.de/10013138317

International Differences in Fiscal Policy During the Global Crisis

Bénétrix, Agustín S. - 2010

We examine the cross-country dispersion in fiscal outcomes during 2007-2009. In principle, international differences in fiscal policy may be related to differences in optimal fiscal positions, funding constraints, political economy factors and fiscal control problems. We find that the decline in...

Persistent link: https://www.econbiz.de/10013138322

Unemployment Insurance and Job Search in the Great Recession

Rothstein, Jesse - 2011

candidate explanation is supply-side effects driven by dramatic expansions of Unemployment Insurance (UI) benefit durations, to …

Persistent link: https://www.econbiz.de/10013119336

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