This paper evaluates the impact of the Federal Sentencing Guidelines on inter-judge sentencing disparity, which is defined as the differences in average nominal prison sentence lengths for comparable caseloads assigned to different judges. This disparity is measured as the dispersion of a random...

This paper evaluates the impact of the Federal Sentencing Guidelines on inter-judge sentencing disparity, which is defined as the differences in average nominal prison sentence lengths for comparable caseloads assigned to different judges. This disparity is measured as the dispersion of a random...

This paper evaluates the impact of the Federal Sentencing Guidelines on interjudge sentencing disparity, which is defined as the differences in average nominal prison sentence lengths for comparable caseloads assigned to different judges. This disparity is measured as the dispersion of a random...

Would economic growth be better if population growth were slower? There are two apparently opposite answers to this question. Advocates of policies to reduce population growth rates are completely convinced by the common sense view that rapid population growth greatly hurts economic growth...

We examine the effects of moving out of high-poverty neighborhoods on the outcomes of teenage youth, a population often seen as most at risk from the adverse effects of such neighborhoods. The randomized design of the Moving To Opportunity demonstration allows us to compare groups of youth,...

Several important social science literatures hinge on the functional relationship between neighborhood characteristics and individual outcomes. Although there have been numerous non-experimental estimates of these relationships, there are serious concerns about their reliability because...

To understand the impact of high-poverty neighborhoods on families, we collected data from participants at the Boston site of HUD's Moving To Opportunity (MTO) demonstration. MTO randomly assigned housing vouchers to applicants living in high-poverty public housing projects. The vouchers allowed...

How does the chained consumer price index (CPI) differ from the traditional CPI and what would be the budgetary effects of using the chained CPI to make automatic adjustments in Social Security, other federal programs, and the tax code?

We examine long-term neighborhood effects on low-income families using data from the Moving to Opportunity (MTO) randomized housing-mobility experiment, which offered some public-housing families but not others the chance to move to less-disadvantaged neighborhoods. We show that 10-15 years...

We provide evidence that individuals optimize imperfectly when making annuity decisions, and this result is not driven by loss aversion. Life annuities are more attractive when presented in a consumption frame than in an investment frame. Highlighting the purchase price in the consumption frame...