Recently, the National Academy of Sciences concluded “it is clear thatpopulation and the environment are usually interrelated . . . ”. This paper directlytests the expected interrelationship using annual county-level population estimatesprovided by the U.S. Census Bureau and annual counts of...

The oft-observed inverse relationship between economic activity in the formal or informal sector and levels of fertility is attributed to the opportunity costs of reproduction. The economic and social policies that initiate and maintain the substantial flow of federal transfer payments to the...

Purpose: The paper reviews recent developments in utilising computable general equilibrium (CGE) models to analyse forestry policies. The paper highlights the application of CGE modelling to deforestation and forestry issues.Design/methodology/approach: The analysis is carried out by comparing...

To counter the effect of recessions on workers, Congress has passed legislation to spur job creation through increased spending on public works (infrastructure) and public service programs, revenue sharing with state governments, and employment tax credits. Although the economic stimulus measure...

The constant stream of real-time data releases by the government and several private sources diverts attention away from the very sound fundamentals that support strong sustainable U.S. economic expansion and provide substantial flexibility to withstand external shocks. Standard estimates of...

The President?s Advisory Panel on Tax Reform took on a very difficult task?to disentangle the complexities, sources of unfairness and economic distortions in current tax policy, and provide proposals for reform?and its final report is admirable in its intent and accomplishment (President?s...

We applaud Alan Greenspan for his 18 years as chairman of the Federal Reserve Board, leading its successful disinflationary monetary and its more orderly conduct of policy and transparency. Ben Bernanke is an outstanding monetary scholar who has long advocated the pursuit of low inflation and...