11,670 research outputs found

    Gramm-Rudman-Hollings' hold on budget policy: losing its grip?

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    Budget ; Deficit financing

    The right way to price Federal Reserve services

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    Federal Reserve banks - Service charges

    How little we know about deficit policy effects

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    We use a simple model to show why previous empirical studies of budget policy effects are flawed. Due to an identification problem, those studies' findings can be shown to be consistent with policies either mattering or not. We argue that this problem is difficult and not likely to be resolved soon.Budget deficits ; Fiscal policy

    Labour market performance of immigrants in the UK labour market

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    From executive summary: This document is a report commissioned by the Home Office to analyse the performance of immigrants in the UK labour market. It attempts to draw a comprehensive picture of the labour market performance of immigrants, and the process of adaptation relative to the UK-born white population. Four indicators of economic performance are investigated: (i) employment, (ii) labour force participation, (iii) self-employment, and (iv) wages. The analysis distinguishes between males and females, and between groups of different origin. The effects of specific variables on these outcomes are investigated in detail. The report also considers labour market outcomes of ethnic minority individuals who are born in the UK, and compares their outcomes with those of UK-born white individuals, and of ethnic minority individuals who are foreign-born
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