Outlook for the Budget and the Economy
- 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.
- Working Paper
The Student Loan Consolidation Option: An Analysis of an Exotic Financial Derivative: Working Paper 2007-05
We develop a model to estimate the consolidation option’s cost and to evaluate its sensitivity to changes in program rules, economic conditions, and borrower behavior.
- Working Paper
Assessing the Relationship between Economic Stability and Dynamic Employment Responses to Aggregate Shocks: Working Paper 2007-04
This paper looks at the changes in aggregate employment responses to shocks.
- Working Paper
Measurement Error in the SIPP: Evidence from Matched Administrative Records: Working Paper 2007-03
This paper uses data from the 1996 Survey of Income and Program Participation Panel matched to Social Security administrative records.
- Working Paper
Economic Flexibility in Microsimulation: An Age-Centered Regression Approach: Working Paper 2007-02
This paper describes a strategy for estimating predictive equations that has been shown to work well in microsimulation modeling.