Analysis and discussion of Social Security policy are usually based on expected fiscal and societal outcomes. However, future demographic and economic trends are uncertain, and thus ultimate outcomes for aggregate system financial flows and the distribution of taxes and benefits across...

The effect upon future Social Security benefits resulting from the introduction of individual accounts depends on both the potential risks and returns of private equities, yet the historical evidence about determinants of stock market risks and returns is mixed. In particular, correlations...

The Congressional Budget Office Long-Term (CBOLT) model uses dynamic micro-simulation to analyze Social Security policy. The version of CBOLT currently being used to analyze policy for the Congress incorporates micro behavioral effects insofar as agents alter their timing of initial claiming of...

In recent months, proposals to replace all or most of the existing federal tax system with a national retail sales tax have received increased attention. The most prominent proposals include those by Reps. Dan Schaefer, R-Colo., and Billy Tauzin, R-La., and by a group called Americans for Fair...

There has been considerable debate in Australia concerning the social and economic effects of telecommunications carrier investment in broadband network infrastructure. Whether particular groups within networked communities are unable or unwilling to subscribe to broadband services is an...

Much recent debate concerns the effect of carrier roll-out on access to networked services. However, whether particular groups within passed communities are unable or unwilling to subscribe to networked services is also an important policy issue. This paper sets out to identify households that...

The recent roll-out of fibre-optic cable suggests that the willingness of households in passed communities to subscribe to networked services is an important issue. This paper studies the determination of the demand for network subscription. Through a discrete choice model the effect of...

This study estimates a nested multinomial logit (NMNL) model of broadband delivered entertainment service subscription that allows for the impact of an installation fee and rental price, service attributes and household demographic variables on subscription. The model is estimated on...

The length of the working week and the flexibility of working time are two aspects which impact on the international competitiveness of Australian industry. The popular view of the Australian worker is often couched in terms such as “lazy” and “slack”, and the “sickie” appears to...