Taxes
- Working Paper
Ricardian Equivalence with Incomplete Household Risk Sharing: Technical Paper 2002-4
Several important empirical studies have found that households are not altruistically linked in a way consistent with the standard Ricardian model, as put forward by Barro (1974).
- Working Paper
Mate Matching for Microsimulation Models: Technical Paper 2002-3
A description of the method used in CBO's main Social Security model to simulate who marries whom--which has important implications for projections of benefit levels.
- Working Paper
Projecting Longitudinal Marriage Patterns for Long-Run Policy Analysis: Technical Paper 2002-2
A description of the method used in CBO's main Social Security model to project an individual's marital status.
- Working Paper
Using Time-Series Models to Project Output Over the Medium Term: Technical Paper 2002-1
This paper examines how multivariate time-series models might be used to project output over the medium term—that is, over a 10-year span.
- Working Paper
The Effects of Federal Estate Tax Policy on Charitable Contributions: Technical Paper 2001-2
Tax policy encourages charitable contributions during an individual’s life through both the personal income tax and the estate tax.
- Working Paper
Bequests, Inter Vivos Transfers, and Wealth Distribution: Technical Paper 2000-8
This paper extends the heterogeneous agent overlapping generations model with bequests in Nishiyama (2000) by adding two-way intergenerational altruism and inter vivos transfers.
- Working Paper
Measuring Time Preference and Parental Altruism: Technical Paper 2000-7
This paper extends a heterogeneous agent overlapping generations model by implementing bequests and measures the degrees of time preference and parental altruism through the calibration of the model to the U.S. economy.
- Working Paper
Forecasting Capital Gains Realizations: Technical Paper 2000-5
As an input to its estimates of federal revenues, the Congressional Budget Office requires an estimate of capital gains realizations in the current calendar year and forecasts of realizations for the next 10 years.
- Working Paper
Draft Framework for Determining the Spreads of Commercial Paper Rates and LIBOR to the Rate on Three Month Treasury Bills and the Volatility of those Interest Rates: Technical Paper 1999-7
The Higher Education Amendments of 1998 directs CBO to participate in a study group which shall evaluate the spread between each of the 30-day and 90-day commercial paper rates, and the 90-day LIBOR to the 91-day Treasury bill rate.
- Working Paper
Household Saving in the '90s: Evidence from Cross-Section Wealth Surveys: Technical Paper 1999-3
This paper uses a series of cross-section wealth surveys to measure how wealth accumulation and active saving rates varied across cohort-groups during the early and mid 1990s.