Who receives medicaid in old age? Rules and reality

The success of universal preschool education depends crucially on the policy parameters and specific country context.

This briefing note is the first output in a programme of work seeking to understand the gender wage gap and its relationship to poverty. Section 1 sets out what we mean by the gender wage gap, how it differs according to education level and how it has evolved over time and across generations. Section 2 provides some descriptive evidence on how the gender wage gap relates to the presence of dependent children and the employment outcomes associated with that.

The rise in obesity has largely been attributed to an increase in calorie consumption. We show that official government household survey data indicate that calories have declined in England between 1980 and 2013; while there has been an increase in calories from food out at restaurants, fast food, soft drinks and confectionery, overall there has been a decrease in total calories purchased.

This study focuses on the transmission of inequality over the working life. A model of constrained intertemporal choice is used to provide structure to the distributional dynamics of wages, earnings, income and consumption. The mechanisms used to insure labour market shocks are examined in a partial-insurance setting where the manner and scope for insurance depends on the access to credit, the information available to consumers and the durability of income shocks. Drawing on recent research, family labour supply, the credit market and the tax system are all shown to play a key role. These mechanisms vary in importance across different points of the life cycle and the business cycle.

A well-documented empirical result is that market expectations extracted from futures contracts on the federal funds rate are among the best predictors for the future course of monetary policy. The authors show how this information can be exploited to produce accurate forecasts of bond excess returns and to construct profitable investment strategies in bond markets.

This article uses individual data on employment and wages to try to understand whether real wage flexibility can help shed light on the UK’s productivity puzzle.

This article aims to provide an introduction to empirical revealed preference (RP) and an overview of the current state of the field.

The authors examine the effects of suggestions made by charitable organisations, with a focus on middle-range donations which are relevant in practice.

We use a simple and general model to show that increased price dispersion can be a consequence of frictions to efficient capital allocation.

We consider how influential corporate income taxes are in determining where firms choose to legally own intellectual property.

We consider a revealed preference-based method that will bound the minimal partition of consumer microdata into a set of preference types such that the data are perfectly rationalisable by standard utility theory.