- Working Paper
CBO developed a new version its health insurance simulation model, HISIM2, including using new sources of input data. This paper describes the new input data and the methods for adjusting and adding to those data to form the sample used in HISIM2.
- Working Paper
Updating its approach to estimating the effects of changes to medical malpractice liability laws on federal spending, CBO explains how and why the modeling is changing and offers a preliminary estimate of the budgetary effects.
- Working Paper
In 2015, brand-name specialty drugs accounted for about 30 percent of net spending on prescription drugs under Medicare Part D and Medicaid, but they accounted for only about 1 percent of all prescriptions dispensed in each program.
- Working Paper
On average over the long term, each increase of 1 percentage point in federal debt as a percentage of GDP boosts interest rates by 2 to 3 basis points, CBO estimates.
- Working Paper
This paper presents CBO’s model of business investment, compares it with other models of investment, shows how the model is estimated, and discusses how CBO uses the model to forecast investment.
- Working Paper
The federal government provides grants to state and local governments for their transportation infrastructure. State and local governments use some of those funds to replace funds that they would have provided for such investment.
- Working Paper
CBO’s analysis of the distribution of household income relies on data from the Census Bureau’s Current Population Survey (CPS). This paper describes how CBO adjusts for the underreporting of government transfers by CPS respondents.
- Working Paper
This working paper compares how cuts to pension benefits and reductions in current pay caused by higher employee contributions affect retention by examining changes in resignation rates, retirement rates, and job tenure.
- Working Paper
This paper examines how a 20 percent depreciation of foreign currencies with respect to the U.S. dollar affects the wealth of U.S. residents and evaluates how that effect would be distributed across U.S. households by income group.
- Working Paper
Describing the methods used to produce CBO’s projections of labor force participation rates, this paper examines the recent trends in the overall and prime-age labor force participation rates and whether those trends persist over 10 years.