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Climate change will leave some farmers with a difficult conundrum, according to a new study by researchers from Cornell University and Washington State University: risk more revenue volatility, o...
The "clean-energy economy" always seems a few steps away but never quite here. Fossil fuels still power transportation, heating and cooling, and manufacturing, but a team of scientists from Penn State...
Average income per capita in the countries of the OECD was more than 20 times larger in 2000 than that of the poorest developing countries. Two general explanations have been offered to account fo...
We examine Medicaid enrollment and private coverage loss following expansions of Medicaid eligibility.We attempt to replicate Cutler and Gruber’s (1996) results using the Survey of Income and Program ...
Recently there has been a signi"cant decline in the degree to which "rms &pass through' changes in costs to prices, a decline that is frequently characterized as a reduction in the &pricing power' o...
This paper by David Reifschneider and John Williams is a useful and innovative analysis of monetary policy problems caused by the lower bound of zero on the nominal interest rate. The authors provid...
The effects of three different inflationary environments—high inflation, low inflation, and negative inflation—on real output stability are examined by looking at the experiences of Japan and the U...
Expanding College Opportunities for High-Achieving, Low Income Students.
aWe show that the vast majority of low-income high achievers do not apply to any selective college. This is despite the fact that selective institutions typically cost them less, owing to generous fin...
The decisions that young people make about college – where to apply, where to attend, how to finance their education, and what course of study to pursue – can greatly affect whether they achieve their...
This paper proposes a set of conditions under which high-status firms retain their positions, even if they lose resources. Firms are considered high status if they obtain ties from other high-status f...
Minimum capital requirements are a central tool of banking regulation. Setting them balances a number of factors, including any effects on the cost of capital and in turn the rates available to borrow...
The Low Income Housing Tax Credit (LIHTC) represents a novel tax expenditure program that employs "investable" tax credits to spur production of low-income rental housing. While it has grown into the ...
The determinants of health care use among rural, low-income mothers and their children were assessed using a multi-state, longitudinal data set, Rural Families Speak. The results indicate that rural m...
The determinants of health care use among rural, low-income mothers and their children were assessed using a multi-state, longitudinal data set, Rural Families Speak. The results indicate that rural m...

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