One contributor to the twentieth century rise in married women's labor force participation was declining responsiveness to husbands’ wages and other family income. Now that the rapid rise in married women’s participation has slowed and even begun to reverse, this paper asks whether married...

To explore the labor-supply trends that will affect economic policymaking in the twenty-first century, the Federal Reserve Bank of Boston chose "Labor Supply in the New Century” as the theme for its 52nd Annual Economic Conference held in June 2007. The conference’s six papers and its...

Since most people judge their well-being by comparison with others, widening inequality of lifetime incomes may threaten our standing as a "land of opportunity."

There is some current public concern about the effects of welfare programs on participants' decisions about marriage and divorce or having children. This paper discusses one way in which family composition may be affected by income maintenance program benefits, through what are called "price...

Measures of unemployment tally people without a job who are looking for one. For measurement purposes, the critical question is what constitutes “looking.” This article summarizes how unemployment is measured in the United States and Europe, and describes recent research investigating the...

This Public Policy Brief presents estimates of the impact of price increases projected by the U.S. Department of Energy for the winter of 2004-5 on consumers in the nine Census divisions and selected metropolitan areas. It is based on materials presented in a briefing to the President of the...

State and local governments, with revenues reduced sharply by the recession, are responding by cutting services, increasing tax rates, and drawing down reserves; they are also receiving some relief in the form of stimulus funds provided by the federal government. The stimulus funds legislated in...

Much of America’s promise is predicated on the existence of economic mobility—the idea that people are not limited or defined by where they start, but can move up the economic ladder based on their efforts and accomplishments. Family income mobility—changes in individual families’ real...