We introduce an empirical framework that synthesizes the key insights of the Schelling model of segregation. Our framework builds upon an established empirical literature in neighborhood choice and can accommodate complex, realistic features that have been absent from prior analyses of tipping...

Opponents of the ACA have labeled the health care bill a jobs killer. It seems implausible that the bill could be expected to have much impact on employment except among the relatively small number of firms that are near the 50-worker cutoff. However the bill does provide a clear incentive to...

This report presents impact estimates for the original Ticket to Work program, prior to the 2008 regulatory changes. Although distribution of Tickets significantly increased service enrollment, there was little evidence of increased suspensions or terminations of benefits due to work.

The focus of this paper is to examine potential impacts of fiscal and monetary policies on stock market performance in Poland. Applying the GARCH model and based on a sample during 1999.Q2 to 2012.Q4, this paper finds that Poland’s stock market index is not affected by the ratio of government...

The Family and Medical Leave Act of 1993 (FMLA) gives eligible employees the right to take job-protected, unpaid leave to bond with a new child, care for a family member or military service member, or for one’s own serious illness for up to 12 weeks in a year. About 60 million private sector...

Despite decades of growth in federal disability expenditures, the economic status of people with disabilities has eroded relative to the status of those without disabilities. Rather than tighten eligibility or reduce program benefits to slow expenditure growth, this article outlines an...

World economy is living a time of change, and the complexity of change has implied a new research agenda on the role of economic policy in society. The role, types and effects of economic policy have been major issues in economic science since its origins. Jean Tinbergen (1956) [1] established...

The effect that the Great Recession had on monetary policies has led to the profound reorientation of central banks’ actions from 2007 to 2013. The purpose of this work is to analyze the monetary policies applied by the main central banks, mainly the European Central Bank, the Federal Reserve...

To improve labor market outcomes of people with disabilities, Congress passed the Americans with Disabilities Act (ADA) in 1990. Immediately following enactment, the wages of people with disabilities decreased, but longer-term wage consequences have not been studied. Using data from the March...