This study will begin by reviewing why governments have a role in providing ,health care for their citizens. The following sections will explain why the Medicaid program has become a substantial burden for many state governments and why that burden is likely to increase. The~study will then...

This article examines the impact of global developments on the practice of U.S. monetary policy, broadly defined to include regulatory and lender-of-last-resort functions as well as open market, discount, and intervention activity, over the past forty years. It is part of a paper presented at...

According to Australia's Reserve Bank Act, the central bank's broad policy objectives include maintaining the stability of the currency, full employment, and the economic prosperity and welfare of the people of Australia. In 1993 the Reserve Bank of Australia adopted a specific, and thus...

This article presents estimates of the degree to which individuals paying privately for nursing home services are being asked to subsidize their state’s Medicaid program. Recently published data permit making some first rough estimates of the extent of this activity. Although these crude...