Housing and the Macroeconomy: The Role of Implicit Guarantees for Government-Sponsored Enterprises

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Working Paper 2005-15. The authors study the economic effects of the government’s subsidy of owner-occupied housing and find that the subsidy leads to higher mortgage default rates and lower welfare, among other effects.

Housing and the Macroeconomy: The Role of Implicit Guarantees for Government-Sponsored Enterprises

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Working Paper 2005-15. The authors study the economic effects of the government’s subsidy of owner-occupied housing and find that the subsidy leads to higher mortgage default rates and lower welfare, among other effects.

Housing and the Macroeconomy: The Role of Implicit Guarantees for Government-Sponsored Enterprises

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Working Paper 2005-15. The authors study the economic effects of the government’s subsidy of owner-occupied housing and find that the subsidy leads to higher mortgage default rates and lower welfare, among other effects.

Health Insurance and Tax Policy

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Working Paper 2005-14. Investigating alternatives to U.S. tax policy on health insurance, the authors find that removing employers’ subsidy on group insurance results in reduced insurance coverage and serious welfare deterioration.

Health Insurance and Tax Policy

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Working Paper 2005-14. Investigating alternatives to U.S. tax policy on health insurance, the authors find that removing employers’ subsidy on group insurance results in reduced insurance coverage and serious welfare deterioration.

Health Insurance and Tax Policy

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Working Paper 2005-14. Investigating alternatives to U.S. tax policy on health insurance, the authors find that removing employers’ subsidy on group insurance results in reduced insurance coverage and serious welfare deterioration.

Social Security Private Accounts: A Risky Proposition?

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Economic Review article, Third Quarter 2005. Private accounts have been proposed as part of the solution to Social Security’s looming funding problems. This article discusses what private accounts can and cannot do for individuals and for future Social Security deficits.

Social Security Private Accounts: A Risky Proposition?

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Economic Review article, Third Quarter 2005. Private accounts have been proposed as part of the solution to Social Security’s looming funding problems. This article discusses what private accounts can and cannot do for individuals and for future Social Security deficits.

Social Security Private Accounts: A Risky Proposition?

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Economic Review article, Third Quarter 2005. Private accounts have been proposed as part of the solution to Social Security’s looming funding problems. This article discusses what private accounts can and cannot do for individuals and for future Social Security deficits.

Circular Letter - BSA/AML Webcast

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The federal banking and thrift agencies, along with the Financial Crimes Enforcement Network (FinCEN), announced registration details for a live webcast of the Bank Secrecy Act/Anti-Money Laundering Examination Manual outreach event in New York on August 22.

Circular Letter - BSA/AML Webcast

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The federal banking and thrift agencies, along with the Financial Crimes Enforcement Network (FinCEN), announced registration details for a live webcast of the Bank Secrecy Act/Anti-Money Laundering Examination Manual outreach event in New York on August 22.

Circular Letter - BSA/AML Webcast

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The federal banking and thrift agencies, along with the Financial Crimes Enforcement Network (FinCEN), announced registration details for a live webcast of the Bank Secrecy Act/Anti-Money Laundering Examination Manual outreach event in New York on August 22.

Research Notes - August 2005

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Featuring research published in July 2005.

Research Notes - August 2005

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Featuring research published in July 2005.