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Using data on U.S. state and federal taxes and transfers over a quarter century, we estimate a regression model that yields the marginal effect of any shift of market income share from one quintile to another on the entire post tax, post-transfer income distribution. We identify exogenous income...
Persistent link: https://www.econbiz.de/10014544770
Increases in youth vaping rates and concerns of a new generation of nicotine addicts recently prompted an increase in the federal minimum legal purchase age (MLPA) for tobacco products, including e-cigarettes, to 21 years. This study presents the first regression discontinuity evidence on the...
Persistent link: https://www.econbiz.de/10013435176
The business model used by Congress to pay for Social Security, Medicare and national debt is our costliest federal mandate. Because they run a national retirement plan without using compound interest, Congress makes us pay TWELVE dollars to do a ONE-dollar job. This business model is the root...
Persistent link: https://www.econbiz.de/10014184726
Administrative data are considered the "gold standard" when measuring program participation, but little evidence exists on the potential problems with administrative records or their implications for econometric estimates. We explore issues with administrative data using the FoodAPS, a unique...
Persistent link: https://www.econbiz.de/10011816707
We revisit the cyclical nature of birth rates and infant health and investigate to what extent the relationship between … provide novel evidence that infant health is countercyclical based on timing of conception, but procyclical based on time in … utero. The negative relationship between the in utero aggregate unemployment rate and infant health also disappears when …
Persistent link: https://www.econbiz.de/10014226134
Many studies have documented the pervasive underfunding of public sector pension plans in the United States in recent years. The deterioration of the funded status of public pension plans coincided with severe fiscal crises that state and local governments experienced in the 2000s. This...
Persistent link: https://www.econbiz.de/10010348572
The regulation of private and public pension plans in the United States begins with the premise that employer-sponsored plans resemble traditional donative, or gift, trusts. Accordingly, the Employee Retirement Income Security Act of 1974 (ERISA) famously “imports” major principles of...
Persistent link: https://www.econbiz.de/10012982283
significantly in the absence of structural reforms of pension and, especially, health-care programmes …
Persistent link: https://www.econbiz.de/10014156730
examining how access to publicly subsidized health insurance prior to age 65 affects public benefit choices at the age of …
Persistent link: https://www.econbiz.de/10014635638
fostering innovation in programme design, but the cost pressures in health care for the indigent are such that greater federal …
Persistent link: https://www.econbiz.de/10012444566