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As currently legislated, the U.S. Social Security System represents a bad deal for postwar Americans. Of every dollar postwar Americans have earned or will earn over their lifetimes, over 5 cents will be lost to the Old Age Survivor Insurance System (OASI) in the form of payroll taxes paid in...
Persistent link: https://www.econbiz.de/10013247257
system, the rise of managed care in the 1990s may affect the relationship between liability reform and defensive medicine. In … this paper, we assess empirically the extent to which managed care and liability reform interact to affect the cost of care …
Persistent link: https://www.econbiz.de/10013248542
This paper presents the first attempt to estimate the benefits of reducing crime using the contingent-valuation (CV) method. We focus on gun violence, a crime of growing policy concern in America. Our data come from a national survey in which we ask respondents referendum-type questions that...
Persistent link: https://www.econbiz.de/10013249234
sources to examine the impact of the early stages of welfare reform on poor working families who do not receive cash … estimation techniques, we find that the impact of the simultaneous October 1996 implementation of welfare reform and a federal … increases in funding for Child Care Subsidies associated with welfare reform led to a significant increase in earnings. On net …
Persistent link: https://www.econbiz.de/10013249552
Using a data set from the post welfare reform environment (the 1999 National Survey of America's Families), this paper …
Persistent link: https://www.econbiz.de/10013249714
Before the middle of the nineteenth century most laws enacted in the United States were special bills that granted favors to specific individuals, groups, or localities. This fundamentally inegalitarian system provided political elites with important tools that they could use to reward...
Persistent link: https://www.econbiz.de/10013289028
reform has been shared equally among families of varying educational background. We analyze data from the March Current … do not have a high school degree are significantly worse off in the TANF era, relative to the era prior to welfare reform …
Persistent link: https://www.econbiz.de/10013243361
, and income. Yet most welfare reform research focuses on mean impacts. We investigate the importance of heterogeneity using …'s greater costs. We conclude that welfare reform's effects are likely both more varied and more extensive than has been …
Persistent link: https://www.econbiz.de/10013245120
Economists and policy makers have long recognized that innovators must be able to appropriate a reasonable portion of the social benefits of their innovations if innovation is to be suitably rewarded and encouraged. However, this paper identifies a number of specific fact patterns under which...
Persistent link: https://www.econbiz.de/10012751912
have created stronger incentives to reform in the high inflation countries. Recent reforms look like they are the children …
Persistent link: https://www.econbiz.de/10013313327