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Articles 1 - 26 of 26
Full-Text Articles in Public Policy
The Assault On The Global Economy, Murray L. Weidenbaum
The Assault On The Global Economy, Murray L. Weidenbaum
Murray Weidenbaum Publications
The global economy is under assault by a strange alliance of radical groups and several mainstream environmental organizations. The outfits from the far left are long-term opponents of the capitalist system, both at home and abroad, so their opposition to trade between nations is neither new nor newsworthy. It is surprising, however, that organizations like the Sierra Club and Friends of the Earth have joined this effort to oppose the modern economy. This paper attempts to respond to these views. Isolationist policies are a foolhardy, futile pursuit in today's interconnected, globalized economy.
Shrinking Kin Networks In Italy Due To Sustained Low Fertility, Cecilia Tomassini, Douglas A. Wolf
Shrinking Kin Networks In Italy Due To Sustained Low Fertility, Cecilia Tomassini, Douglas A. Wolf
Center for Policy Research
Among the closely watched demographic trends of the late 20th Century is a pronounced drop in fertility rates throughout much of the world. Italy presents a particularly interesting case for study: in 1960, Italy’s total fertility rate (TFR) was 2.41; by 1995 it had fallen to 1.17. According to United Nations projections, by 2050 Italy will be the second oldest country in the world, with 3.4 persons aged 60 or older for each person under age 15. Besides overall population aging, another implication of sustained low fertility is smaller families and kin groups. We investigate the consequences of projected changes …
The Changing Economic Role Of Defense, Murray L. Weidenbaum
The Changing Economic Role Of Defense, Murray L. Weidenbaum
Murray Weidenbaum Publications
How much of the federal budget should be spent on national defense is discussed in this paper.
The Global Economic Outlook: Threats And Opportunities For The U.S. Mining Industry, Murray L. Weidenbaum
The Global Economic Outlook: Threats And Opportunities For The U.S. Mining Industry, Murray L. Weidenbaum
Murray Weidenbaum Publications
The United States has built a unique service sector which is based on a unique industrial sector which is based on a unique mining sector. Harm any one of these three vital parts of our nation and you jeopardize the standard of living and future prospects of all our citizens. Now, the world economy is in the midst of a substantial and widespread upswing. In light of this positive outlook, the U.S. mining industry faces two primary threats: increased competition with international, overseas counterparts and the U.S. government's tendency to handicap American business via taxation, regulation, and intervention.
The Global Marketplace And Government Policy, Murray L. Weidenbaum
The Global Marketplace And Government Policy, Murray L. Weidenbaum
Murray Weidenbaum Publications
Murray Weidenbaum points out how important it is for the United States to adapt to globalization.
How The States Can Do A Better Job Promoting Economic Development In The Twenty-First Century, Murray L. Weidenbaum
How The States Can Do A Better Job Promoting Economic Development In The Twenty-First Century, Murray L. Weidenbaum
Murray Weidenbaum Publications
In order for states to be able to compete in the global economy, government obstacles facing new enterprises need to be examined. States need to create a positive and competitive business climate for new and expanding companies.
Regulation: Benefit Or Bane, Murray L. Weidenbaum
Regulation: Benefit Or Bane, Murray L. Weidenbaum
Murray Weidenbaum Publications
Murray Weidenbaum and Carol Tucker Foreman debate what are the best ways to improve government regulation.
Prospects For Success In The Global Marketplace, Murray L. Weidenbaum
Prospects For Success In The Global Marketplace, Murray L. Weidenbaum
Murray Weidenbaum Publications
This paper explains how Americans need to understand the complexities of the global marketplace in order for the U.S. to become more competitive.
Life Beyond Nuclear Testing The Nevada Test Site, Fina Martinez-Myers
Life Beyond Nuclear Testing The Nevada Test Site, Fina Martinez-Myers
UNLV Theses, Dissertations, Professional Papers, and Capstones
The Nevada Test Site (NTS) has served a crucial role in protecting the nation's security over the last 50 years. Changing national budgets and fiscal priorities have signaled dramatic adjustments for the NTS. Following the 1992 nuclear testing moratorium, the U.S. government has begun to make parts of the NTS available for private-sector use in an effort to generate money, utilize the Test Site's unique resources and capabilities, and provide economic development to southern Nevada. The initiative to attract private industry to the NTS is similar to activities taking place at other nuclear facilities across the nation. With a change …
The Public And The Congress Need To Know More About Government Regulation, Murray L. Weidenbaum
The Public And The Congress Need To Know More About Government Regulation, Murray L. Weidenbaum
Murray Weidenbaum Publications
The public and Congress both need to know more about the costs and benefits of government regulation. This testimony before the Senate Committee on Government affairs in April 1999 addresses the proposed S.59 bill, the Regulatory Right-to-Know Act of 1999, and the proposals for a Congressional Office of Regulatory Analysis. S.59 accomplishes the desirable objective of raising the level of public regulatory understanding in a straightforward and nonpartisan manner: providing consistent regulatory data. Likewise, a new Office of Regulatory Analysis would give Congress an independent source of information - provided its charter were broad enough for the task.
Employee-Based Versus Employer-Based Subsidies To Low-Wage Workers: A Public Finance Perspective, Stacy Dickert-Conlin, Douglas Holtz-Eakin
Employee-Based Versus Employer-Based Subsidies To Low-Wage Workers: A Public Finance Perspective, Stacy Dickert-Conlin, Douglas Holtz-Eakin
Center for Policy Research
We revisit the relative merits of employee-based versus employer-based labor market subsidies. While conventional analyses stress the equivalence of these approaches, we find a modest preference for employee-based approaches. Because the population of low-wage workers overlaps, but is not identical to, the populations of low-skill or low-income workers, simple employer-based approaches are likely to be poorly targeted. Targeting may be improved by identification of eligible workers, but identification itself raises the possibility of detrimental stigma associated with the program. When combined with lower participation rates among firms than among households, the size of employer-based subsidies needed to match the outcome …
Exploring The Effect Of Welfare Reform Implementation On The Attainment Of Policy Goals: An Examination Of Michigan's Counties, Jodi Sandfort
Exploring The Effect Of Welfare Reform Implementation On The Attainment Of Policy Goals: An Examination Of Michigan's Counties, Jodi Sandfort
Center for Policy Research
This paper presents a cross-sectional examination of the implementation conditions within Michigan during the first year following the passage of federal welfare reform. It asks the question, “Do implementation factors in the welfare system quantitatively influence the achievement of public policy goals?” Drawing on data from 82 counties, this analysis provides an exploratory, multivariate model that controls for environmental factors outside of the influence of program implementers and examines the effects of macro- and micro-implementation conditions on an outcome desired by policy reforms. The results suggest that implementation factors do have a statistically discernible relationship to proportion of a county’s …
Stability And Change In The Living Arrangements Of Older Italian Women, 1990-1995, Cecilia Tomassini, Douglas A. Wolf
Stability And Change In The Living Arrangements Of Older Italian Women, 1990-1995, Cecilia Tomassini, Douglas A. Wolf
Center for Policy Research
In this work we analyze the living arrangements of elderly unmarried women in Italy. We use data from three surveys, collected in 1990, 1994, and 1995 by the Italian statistical agency ISTAT. We consider unmarried women aged 65 and older, and three household types (living alone, with children, or with others), taking into account the availability of children with whom they might share a household. During this period the percentage of elderly living alone fell slightly. We investigate these patterns with a structural analysis based on multinomial models. Results indicate that some individual variables (living in southern Italy, health status) …
Estimating The Income Effect On Retirement, Douglas Holtz-Eakin, David Joulfaian, Harvey S. Rosen
Estimating The Income Effect On Retirement, Douglas Holtz-Eakin, David Joulfaian, Harvey S. Rosen
Center for Policy Research
One of the most important issues in the debate over Social Security is how various changes in the system would change retirement behavior. A critical parameter in this context is the income effect on retirement— how a change in income affects retirement behavior, ceteris paribus. To estimate the income effect, we examine tax-return generated data on the labor force activity of a group of older people before and after they receive inheritances. The results are consistent with the notion that income effects are small. Neither retirement decisions nor the magnitude of earnings conditional on working seem to be affected very …
The Great Confusion: A Conservative's Response To Pat Buchanan's "The Great Betrayal", Murray L. Weidenbaum
The Great Confusion: A Conservative's Response To Pat Buchanan's "The Great Betrayal", Murray L. Weidenbaum
Murray Weidenbaum Publications
This piece refutes statements made by Pat Buchanan in his book, The Great Betrayal.
A Time-Series Econometric Model Of The Upstate New York Economy, Donald H. Dutkowsky, James Follain, Seth Giertz
A Time-Series Econometric Model Of The Upstate New York Economy, Donald H. Dutkowsky, James Follain, Seth Giertz
Center for Policy Research
The purpose of the research described in this report is to produce an econometric model of the Upstate New York economy and two metropolitan areas within it—Albany and Syracuse. The model is intended to satisfy three main criteria. First, the model should be capable of capturing the dynamic nature of the local economy. This simply reflects the widely held belief that the local economy’s response to various external forces and policies is unlikely to be immediate. Second, the model ought to be capable of generating short-run forecasts. In particular, quarterly forecasts for one or two years are preferred to long-run …
Town Of Lawrence, Umass Amherst Center Economic Development
Town Of Lawrence, Umass Amherst Center Economic Development
Center for Economic Development Technical Reports
This report takes a look at the town of Lawrence, Massachusetts. Lawrence, originally a rural farming town, was transformed into a major industrial center when Boston Entrepreneurs developed huge textile mills on the Merrimack River to use the power of its water falls. The mill owners built canals, a dam and reservoir, boarding houses and a machine shop for locomotives, creating one of the first industrial complexes in the country.
Town Of Andover, Umass Amherst Center Economic Development
Town Of Andover, Umass Amherst Center Economic Development
Center for Economic Development Technical Reports
Andover is a suburban community of 32 square miles with a population of 29,000. The town is located just 20 miles south of Boston at the intersection of I-93 and I-495. With easy access to the city and Logan Airport, Andover is home to many of the largest high-technology firms such as Hewlett-Packard, Raytheon, Digital, Gillette, and Genetics Institute.
Town Of Georgetown, Umass Amherst Center Economic Development
Town Of Georgetown, Umass Amherst Center Economic Development
Center for Economic Development Technical Reports
This report focuses on the town of Georgetown, Massachusetts. While it was still widely forested, with many acres of open and recreation land, the town also had a walkable village core as well as industrial and commercial development. The town was renowned for its thriving antique industry and also boasted an organ manufacturing company, a supermarket and an expanding public golf and country club.
Town Of Methuen, Umass Amherst Center Economic Development
Town Of Methuen, Umass Amherst Center Economic Development
Center for Economic Development Technical Reports
Methuen, Massachusetts played a significant role in this country’s industrial revolution, which began in the Merrimack Valley. In the mid-to late 19th century, mills along the Spicket River and Spicket Falls produced hats, shoes, and textiles.
Town Of Groveland, Umass Amherst Center Economic Development
Town Of Groveland, Umass Amherst Center Economic Development
Center for Economic Development Technical Reports
This report takes a look at Groveland, Massachusetts. Groveland is a small residential community that retains all of the characteristics of a friendly rural town in the setting of a convenient suburb. The town was incorporated in 1850, and changed gradually from an agricultural community to one that is almost wholly residential.
Town Of Newburyport, Umass Amherst Center Economic Development
Town Of Newburyport, Umass Amherst Center Economic Development
Center for Economic Development Technical Reports
Newburyport is a diverse and thriving city that harmonizes commercial, residential and industrial needs. Nestled on the shores where the Merrimack River meets the Atlantic Ocean Newburyport is among the smallest cities in the state.
Moving Toward The Millennium With Open Space In Huntington, Umass Amherst Center Economic Development
Moving Toward The Millennium With Open Space In Huntington, Umass Amherst Center Economic Development
Center for Economic Development Technical Reports
This report includes presentation and examination of community, environmental and conservation/recreation issues. The information is then analyzed according to the needs of the town and incorporated into recommendations for future action.
Merrimack Valley Planning Commission Regional Assets Study, Umass Amherst Center Economic Development
Merrimack Valley Planning Commission Regional Assets Study, Umass Amherst Center Economic Development
Center for Economic Development Technical Reports
This report is intended to illuminate the region of the Merrimack River and its assets. The motivation for the study is simply this: The assets of the region have never been comprehensively compiled and, in an age of tremendous economic competition it is essential that this information be publicly distributed. The Merrimack River is located in the Merrimack Valley in Massachusetts.
Town Of North Andover, Umass Amherst Center Economic Development
Town Of North Andover, Umass Amherst Center Economic Development
Center for Economic Development Technical Reports
North Andover, Massachusetts lies along the banks of the Merrimack River and is surrounded by the Towns of Methuen, Haverhill, Boxford, Andover, Middleton, North Reading, and the City of Lawrence. The settlement of the town began in 1640 and was incorporated as Andover in 1646. North Andover is governed by an open Town Meeting form of government, a five-member Board of Selectmen and a Town Manager pursuant to a Home Rule Charter that went into effect in 1986.
Project Appraisal For The Keynesian Investment Planner, Greg Hill
Project Appraisal For The Keynesian Investment Planner, Greg Hill
Greg Hill
This paper outlines a theory of project appraisal wherein the neoclassical premises of conventional cost-benefit analysis are replaced by their Keynesian counterparts. The paper shows how the social rate of return on investment, the private and social rates of discount, and other concepts used in cost-benefit analysis may be modified to take account of the income externalities generated by the multiplier, mark-up pricing, and the causal priority of investment over saving.