College of the Holy Cross

Displaying 1-5 of 5 results

  • White Papers // Oct 2010

    Optimal Fiscal Policy with Robust Control

    This paper compares the fiscal policies implemented by two types of government when confronted by consumer uncertainty. Consumers, lacking confidence in their knowledge of the stochastic environment, endogenously tilt their subjective probability model away from an approximating probability model. The government does not face this uncertainty. Through its choice of...

    Provided By College of the Holy Cross

  • White Papers // May 2010

    Booms, Busts, and Gambling: Can Gaming Revenues Reduce Budget Volatility?

    Over the past 20 years, state and provincial governments in North America have expanded legal gambling opportunities to consumers. One of the primary policy goals of this expansion of gambling opportunities has been to increase government revenues. Gambling is an attractive source of new government revenues because consumers are relatively...

    Provided By College of the Holy Cross

  • White Papers // May 2010

    The Labor Market Effects Of The Salt Lake City Winter Olympics

    This paper provides an empirical examination of the 2002 Winter Olympic Games in Salt Lake City, Utah. This analysis of taxable sales in the counties in which Olympic events took place finds that some sectors such as hotels and restaurants prospered while other retailers such as general merchandisers and department...

    Provided By College of the Holy Cross

  • White Papers // Aug 2009

    Fiscal Policy Cyclicality And Growth Within The U.S. States

    The authors exploit differences in the stringency of balanced budget rules across US states to estimate the effect of fiscal policy cyclicality on state GDP growth. While most states have passed laws restricting deficits, the nature and strictness of these laws vary greatly. States with more stringent balanced budget restrictions...

    Provided By College of the Holy Cross

  • White Papers // Sep 2008

    Employment-based Health Insurance And The Minimum Wage

    This paper provides new estimates of the effects of increased federal and state minimum wages on the employment-based health insurance coverage of low-wage workers. The author uses March Current Population Surveys collected from IPUMS, for 1988 to 2005. Previous studies have found no significant evidence that increased minimum wages reduce...

    Provided By College of the Holy Cross

  • White Papers // Oct 2010

    Optimal Fiscal Policy with Robust Control

    This paper compares the fiscal policies implemented by two types of government when confronted by consumer uncertainty. Consumers, lacking confidence in their knowledge of the stochastic environment, endogenously tilt their subjective probability model away from an approximating probability model. The government does not face this uncertainty. Through its choice of...

    Provided By College of the Holy Cross

  • White Papers // May 2010

    Booms, Busts, and Gambling: Can Gaming Revenues Reduce Budget Volatility?

    Over the past 20 years, state and provincial governments in North America have expanded legal gambling opportunities to consumers. One of the primary policy goals of this expansion of gambling opportunities has been to increase government revenues. Gambling is an attractive source of new government revenues because consumers are relatively...

    Provided By College of the Holy Cross

  • White Papers // May 2010

    The Labor Market Effects Of The Salt Lake City Winter Olympics

    This paper provides an empirical examination of the 2002 Winter Olympic Games in Salt Lake City, Utah. This analysis of taxable sales in the counties in which Olympic events took place finds that some sectors such as hotels and restaurants prospered while other retailers such as general merchandisers and department...

    Provided By College of the Holy Cross

  • White Papers // Aug 2009

    Fiscal Policy Cyclicality And Growth Within The U.S. States

    The authors exploit differences in the stringency of balanced budget rules across US states to estimate the effect of fiscal policy cyclicality on state GDP growth. While most states have passed laws restricting deficits, the nature and strictness of these laws vary greatly. States with more stringent balanced budget restrictions...

    Provided By College of the Holy Cross

  • White Papers // Sep 2008

    Employment-based Health Insurance And The Minimum Wage

    This paper provides new estimates of the effects of increased federal and state minimum wages on the employment-based health insurance coverage of low-wage workers. The author uses March Current Population Surveys collected from IPUMS, for 1988 to 2005. Previous studies have found no significant evidence that increased minimum wages reduce...

    Provided By College of the Holy Cross