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Microeconomic Simulation Models for Public Policy Analysis, Volume 1: Distributional Impacts is a collection of papers presented at a conference of the same title held in Washington, D.C. in March 1978. This collection discusses extended micro data models for first-round distributional analysis, models that incorporate behavioral responses to the policies being stimulated, models of macroeconomics, and models that have sectorial or regional impacts. One paper explains that increasing support for the negative income tax scheme can result in bigger increase in the budgetary cost of the program i

Earnings Capacity, Poverty, and Inequality describes the development and application of a way to measure economic status that will avoid some mistakes occurring in methods of measurement. The book reviews the concept of earnings capacity through different measures of economic status. The authors discuss the procedures used in estimating family revenue, sources of data, and inherent weaknesses in such measures. They consider the degree to which different groups classified by age, sex, race, or economic status use their earnings capacity. The authors compare income utilization of those who are c

Microeconomic Simulation Models for Public Policy Analysis, Volume 2: Sectoral, Regional, and General Equilibrium Models is a collection of papers presented at a conference of the same title held in Washington, D.C. in March 1978. This volume deals with economic equilibrium models. This collection also discusses micro data models of the macroeconomy that include policy explorations concerning the transaction model of the American economy. One paper reviews the experiments with fiscal policy parameters from a micro to a macro model related to the Swedish economy: this model analyzes inflation a

We summarize procedures for assessing the benefits and costs of using labor inputs in public projects. Examples are provided to illustrate how information on labor inputs can be analyzed and presented such that, should the analyst choose, labor services generate elements of both benefit and cost in times of high unemployment; however, this is not generally correct in times of full employment. Our analysis is consistent with the overall goal of identifying those projects which are estimated to improve efficiency—those with social benefits in excess of social costs.

Each year $250 million is allocated by donor agencies to developing countries for fertility reduction purposes. This article develops an economic optimizing procedure based upon fertility reduction effectiveness ratings on experts in the population field andjudgmental diminishing returns patterns. The model is used to allocate this expenditure over strategies, social settings, and program implementation capabilities to maximize the reduction in births. This allocation is compared with the actual allocation, and the reasons for the disparity are discussed. These reasons relate to the role of efficiency-based benefit-cost analysis in policy decisions.