Taxes
- Working Paper
China's Approach to Capital Flows Since 1978: Working Paper 2008-02
Since China began its pro-market reform in 1978, its management of capital flows has followed a cautious learning-by-doing approach, guided by the goal of propelling strong economic growth while minimizing risk to stability.
- Working Paper
A Sensitivity Analysis of the Elasticity of Taxable Income: Working Paper 2008-01
This paper applies the methods of Gruber and Saez (2002) to a panel of tax returns spanning years 1979 through 2001 in order to examine the sensitivity of the elasticities of taxable and broad income to an array of factors.
- Working Paper
The Fair Value of the Federal Deposit Insurance Guarantee: Working Paper 2007-13
The Federal Deposit Insurance Corporation guarantees insured deposits in banks and savings associations in the event of the depository’s insolvency. As of December 2006, the FDIC insured an estimated $4.1 trillion in deposits.
- Working Paper
Does Experience Make Better Doctors? Evidence from LASIK Eye Surgeries: Working Paper 2007-12
We examine the "learning by doing" hypothesis in medicine using a longitudinal census of laser in situ keratomileusis (LASIK) eye surgeries collected directly from patient charts.
- Working Paper
The Empirical Relationship Between Lifetime Earnings and Mortality: Working Paper 2007-11
Julian P. Cristia
- Working Paper
Precautionary Demand for Foreign Assets in Sudden Stop Economies: An Assessment of the New Mercantilism: Working Paper 2007-10
Financial globalization in emerging economies has been challenged by a series of Sudden Stops since the mid 1990s.
- Working Paper
Guaranteed Versus Direct Lending: The Case of Student Loans: Working Paper 2007-09
In this study, we propose and implement a methodology to estimate the cost of direct and guaranteed student loan programs in market-value terms.
- Working Paper
Health Insurance, Pensions, and Paid Leave: Access to Health Insurance at Small Firms in a Broader Benefit Context: Working Paper 2007-08
We show how employer size affects the provision of several components of compensation—health insurance, retirement plan, and paid vacation.
- Working Paper
Output, Investment, and Growth in a World of Putty-Clay: Working Paper 2007-07
This paper presents a putty-clay model of capital that proceeds from profit maximization to an analytic solution for aggregate investment that fits the data well.
- Working Paper
The Natural Rate of Unemployment: Working Paper 2007-06
This paper assesses the natural rate of unemployment—the unemployment rate that arises from all sources other than fluctuations in demand associated with business cycles.