Showing 1 - 10 of 232
Set-asides and subsidies are used extensively in government procurement and natural resource sales. We analyze these policies in an empirical model of U.S. Forest Service timber auctions. The model fits the data well both within the sample of unrestricted sales where we estimate the model, and...
Persistent link: https://www.econbiz.de/10013128845
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
Public financing of private health insurance may generate external effects beyond the subsidized population, by influencing the size and bargaining power of health insurers. We test for this external effect in the context of Medicare Part D. We analyze how Part D-related insurer size increases...
Persistent link: https://www.econbiz.de/10013139556
Freddie Mac as government sponsored enterprises (GSEs). The options considered include GSE reform, a range of possible new … led to their failure in conjunction with the recent mortgage market crisis. The reform options we consider include those …
Persistent link: https://www.econbiz.de/10013117213
of people who would have been eligible under pre-recession subsidy rules. The non-elderly parts of the safety net have …
Persistent link: https://www.econbiz.de/10013117560
Many American communities seek to attract or retain businesses with tax abatements, tax credits, or tax increment financing of infrastructure projects (TIFs). The evidence for 1999 indicates that communities are most likely to offer one or more of these business development incentives if their...
Persistent link: https://www.econbiz.de/10013119961
receiving a child care subsidy among disadvantaged mothers with young children. In particular, we collect data on the location … families must travel from home in order to reach the nearest office that administers the subsidy application process. Using … in the distance to a public human services agency reduces the likelihood that a family receives a child care subsidy …
Persistent link: https://www.econbiz.de/10013120051
The aggregate neoclassical growth model - with means-tested subsidies whose replacement rates began rising at the end of 2007 as its only impulse - produces time series for aggregate labor usage, consumption, investment, and real GDP that closely resemble actual U.S. time series. Despite having...
Persistent link: https://www.econbiz.de/10013120207
Cross-subsidies are often considered the principal mechanism through which hospitals provide unprofitable care. Yet, hospitals' reliance on and extent of cross-subsidization are difficult to establish. We exploit entry by cardiac specialty hospitals as an exogenous shock to incumbent hospitals'...
Persistent link: https://www.econbiz.de/10013121091
The steady state general equilibrium and welfare consequences of health insurance reform are evaluated in a calibrated … insurance contracts available in equilibrium, creates a potential role for health insurance reform. In particular, we consider a … policy reform that would allow older workers (aged 55-64) to purchase insurance similar to Medicare coverage. We find that …
Persistent link: https://www.econbiz.de/10013098137