Effective and efficient energy conservation policy requires accurate and comprehensive estimates of residential energy demand parameters. These parameter estimates are among the most important inputs into informed policy decisions. In turn, accurate estimation of energy demand parameters...

This study provides fresh evidence on the responsiveness of private consumption and, by implication, saving to government deficits. It focuses on consumption and saving from 1981 to 1989, a period during which the personal saving rate was characterized as surprisingly unresponsive to high...

"Previous research generally concludes that early participants in the Social Security system received a very good "deal"-better than later participants received, and much better than future participants are likely to get. However, researchers do not know the values of those deals and their...

This paper uses household survey data to estimate the incidence of tax and spending programs in Honduras. Any such exercise is fraught with difficulty, so our simplifying assumptions are carefully explained. Rather than look at tax and spending completely independently, we evaluate net incidence...

In this paper, the authors define a cost-of-living index including direct taxes. They show its relationship to the traditional index and demonstrate how nonconsumption costs are properly treated. They t hen define a fixed-weight approximation, a tax and price index (TPI). Using federal, state,...

This article provides a methodology for evaluating the direct distributional impacts of energy conservation plans. Focusing on gasoline conservation, we analyze two different types of plans: excise taxes and white market coupon rationing. Using a sample which focuses on the nonbusiness use of...