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Stabilizing state and local budgets: A proposal for tax-base insurance
Akash Deep and Robert Z. Lawrence propose an affordable federal instrument that could mitigate the adverse impact of tax-revenue shocks on communities by allow…
Increasing annuitization of 401(k) plans with automatic trial income
This paper proposes a policy that would increase the role of lifetime income products in future retirees’ overall retirement planning.
Financing losses from catastrophic risks
Catastrophe insurance helps spread risks and increases the ability of policyholders and the economy to recover from both natural disasters and terrorist attack…
Weighing alternative policies for tackling the mortgage mess
Without government action, mortgage foreclosures will rise steeply for the next several years, argues Doug Elmendorf. He analyzes the wide range of proposals f…
If, when, how: A primer on fiscal stimulus
The livelihoods and living standards of many Americans are at stake in any discussion about stimulus. This paper considers several key questions on stimulus an…
A hand up: A strategy to reward work, expand opportunity, and reduce poverty
This paper offers a strategy to reduce poverty and strengthen growth across the income spectrum by helping people find jobs, investing in human capital, and cr…
New Hope: Fulfilling America’s promise to “make work pay”
The New Hope program was designed to assist workers by providing work supports including access to quality child care and health insurance. This paper evaluate…
Employment-based tax credits for low-skilled workers
This paper proposes increasing the return to work for low-income families through the expansion the earned income tax credit for low-income childless taxpayers…
