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Appalachian Legacy
In 1964 President Lyndon Johnson traveled to Kentucky's Martin County to declare war on poverty. The following year he signed the Appalachian Regional Development Act,creating a state-federal partnership to improve the region's economic prospects through better job opportunities, improved human capital, and enhanced transportation. As the focal point of domestic antipoverty efforts, Appalachia took on special symbolic as well as economic importance. Nearly half a century later, what are the results? Appalachian Legacy provides the answers. Led by James P. Ziliak, prominent economists and demographers map out the region's current status. They explore important questions, including how has App...
Means-Tested Transfer Programs in the United States
Few United States government programs are as controversial as those designed to aid the poor. From tax credits to medical assistance, aid to needy families is surrounded by debate—on what benefits should be offered, what forms they should take, and how they should be administered. The past few decades, in fact, have seen this debate lead to broad transformations of aid programs themselves, with Aid to Families with Dependent Children replaced by Temporary Assistance to Needy Families, the Earned Income Tax Credit growing from a minor program to one of the most important for low-income families, and Medicaid greatly expanding its eligibility. This volume provides a remarkable overview of ho...
Economics of Means-Tested Transfer Programs in the United States, Volume I
"These two volumes update the earlier Means-Tested Transfer Programs in the United States with a discussion of the changes in means-tested government programs and the results of new research over the past decade. A number of these programs have seen substantial increases in expenditures, including Medicaid, the Earned Income Tax Credit, the Supplemental Nutrition Assistance Program, and subsidized housing programs. For each program, the contributors describe its origins and goals, summarize its history and current rules, and discuss recipients' characteristics and the types of benefits they receive."--Publisher's description.
Economics of Means-Tested Transfer Programs in the United States, Volume II
Few programs in the United States are as controversial as those that constitute the country s safety net, which in the past few decades have been broadly transformed and substantially increased in size and scope. Many of these programs were discussed in the popular NBER book, "Means-Tested Transfer Programs in the United States," published in 2003. This new book sheds light on changes in programs and the results of new research since the first volume. Each volume of "Economics of Means-Tested Transfer Programs in the United States" explores four programs in particular. This second volume looks into the less standard or newer transfer programs, which include Supplemental Security Income, Low-Income Housing Policy, Employment and Training Programs, and Early Childhood Education. Both volumes of "Means-Tested Transfer Programs in the United States "will constitute a unique, single-source reference containing analysis of the origins, successes, failures, and developments in the most important recent means-tested transfer programs in the United States."
Measuring Distribution and Mobility of Income and Wealth
A collection of twenty-three studies that explore the latest developments in the analysis of income and wealth distribution and mobility. Economic research is increasingly focused on inequality in the distribution of personal resources and outcomes. One aspect of inequality is mobility: are individuals locked into their respective places in this distribution? To what extent do circumstances change, either over the lifecycle or across generations? Research not only measures inequality and mobility, but also analyzes the historical, economic, and social determinants of these outcomes and the effect of public policies. This volume explores the latest developments in the analysis of income and w...
Faith and Money
For those who own it, wealth can have extraordinary advantages. High levels of wealth can enhance educational attainment, create occupational opportunities, generate social influence and provide a buffer against financial emergencies. Even a small amount of savings can improve security, mitigate the effects of job loss and other financial setbacks and improve well-being dramatically. Although the benefits of wealth are significant, they are not enjoyed uniformly throughout the United States. In the United States, because religion is an important part of cultural orientation, religious beliefs should affect material well-being. This book explores the way religious orientations and beliefs affect Americans' incomes, savings and net worth.
Fundamental Tax Reform
Papers presented at a conference held at the James A. Baker III Institute for Public Policy at Rice University, in Apr. 2006.
Pricing Lives
How society’s undervaluing of life puts all of us at risk—and the groundbreaking economic measure that can fix it Like it or not, sometimes we need to put a monetary value on people's lives. In the past, government agencies used the financial "cost of death" to monetize the mortality risks of regulatory policies, but this method vastly undervalued life. Pricing Lives tells the story of how the government came to adopt an altogether different approach--the value of a statistical life, or VSL—and persuasively shows how its more widespread use could create a safer and more equitable society for everyone. In the 1980s, W. Kip Viscusi used the method to demonstrate that the benefits of requ...
The Law and Economics of Federalism
This unique volume takes a primarily empirical perspective on the law and economics of federalism. Using cross jurisdiction variation, the specially commissioned chapters examine the effects of various state experiments in areas such as crime, welfare, consumer protection, and a host of other areas. Although legal scholars have talked about states as laboratories for decades, rarely has the law and economics literature treated the topic of federalism empirically in such a systematic and useful way.
Poverty in the Pandemic
At the close of 2019, the United States saw a record-low poverty rate. At the start of 2020, the COVID-19 pandemic threatened to upend that trend and plunge millions of Americans into poverty. However, despite the highest unemployment rate since the Great Depression, the poverty rate declined to the lowest in modern U.S. history. In Poverty in the Pandemic social policy scholar Zachary Parolin provides a data-driven account of how poverty influenced the economic, social, and health consequences of the COVID-19 pandemic in the U.S., as well as how the country’s policy response led to historically low poverty rates. Drawing on dozens of data sources ranging from debit and credit card spendin...
