RESEARCH AND COMMENTARY
Jason E. Bordoff and Pascal J. Noel, July 2008, Hamilton Project Discussion Paper
The current lump-sum pricing of auto insurance is inefficient and inequitable. In a discussion paper for The Hamilton Project Jason E. Bordoff and Pascal J. Noel propose Pay-As-You-Drive auto insurance as a more effecient means of pricing for the auto insurance industry. Read More
PAST EVENT
Thursday, June 05, 2008
9:30 AM to 12:00 PM
Washington, DC
Hurricanes, retirement, home-buying and tax-base erosion all pose financial risks. Yet markets to reduce these risks are elusive. The Hamilton Project at Brookings released papers at a discussion on how sound public policy can play a critical role in helping to foster new markets or expand existing markets in ways that could provide widely shared benefits. Read More
VIDEO
Sheila Bair, Douglas W. Elmendorf, Martin Neil Baily and Robert E. Litan, May 16, 2008
How could America's sophisticated financial system go so wrong and cause so much damage? Martin Baily, Douglas Elmendorf and Robert Litan answered that question at a public forum and suggested policy actions to reduce the chance that history repeats itself. FDIC Chairman Sheila Bair offered her own proposal to ease the crisis.
PAST EVENT
Friday, May 16, 2008
10:00 AM to 12:00 PM
Washington, DC
How could America's sophisticated financial system go so wrong and cause so much damage? Martin Baily, Douglas Elmendorf and Robert Litan answered that question in a new paper released at this public forum. The authors, following opening remarks by FDIC Chairman Sheila Bair, put forward a specific agenda of policy actions to reduce the chance that history repeats itself. Read More
RESEARCH AND COMMENTARY
Martin Neil Baily, Douglas W. Elmendorf and Robert E. Litan, May 16, 2008, The Brookings Institution
With the U.S. financial system still in a perilous state, Martin Baily, Doug Elmendorf and Bob Litan diagnose what caused the crisis and offer prescriptions for policy change. The authors of this new Brookings paper address two challenges: to resolve the immediate problems and to reduce the likelihood that these problems recur. Read More
RESEARCH AND COMMENTARY
Douglas W. Elmendorf, May 14, 2008, Joint Economic Committee
Even though billions of dollars of mortgage-related loses have yet to be declared, Doug Elemendorf offered Joint Economic Committee members four principles to guide reform of the troubled financial system. His diagnosis and prescriptions are based on a new Brookings report to be released Friday. Read More
BOOK
Clifford Winston and Gines de Rus, May 01, 2008
International transportation experts compare and contrast how different nations have managed their airports and air traffic control systems and how well they are meeting the needs of their people. Read More
RESEARCH AND COMMENTARY
Clifford Winston and Steven A. Morrison, April 24, 2008, House Judiciary Committee Antitrust Task Force
This fall the United States will celebrate the 30th anniversary of the Airline Deregulation Act of 1978 and, Clifford Winston and Steven Morrison argue, the nation has reason to celebrate because airline deregulation has benefited both travelers and carriers. Read More
RESEARCH AND COMMENTARY
Clifford Winston and Robert W. Crandall, April 19, 2008, The Wall Street Journal
Flights on U.S. airlines have never been more crowded, but despite recent reports, Clifford Winston and Robert Crandall argue, U.S. airlines have never been safer. Read More
VIDEO
Robert W. Crandall and Martha Raddatz, April 16, 2008
Few industries remain subject to classic economic regulation in the United States. Senior Fellow Robert Crandall says the next president should help remove some of the controls left on these industries in order to help promote economic expansion.
RESEARCH AND COMMENTARY
Jason Furman, April 06, 2008, Des Moines Register
The financial regulatory infrastructure that started during the Civil War is now an "alphabet soup" of agencies, and it suffers from duplication in some areas and gaps in others. Jason Furman provides guidance on how policy-makers can build a more effective and stable financial system. Read More
RESEARCH AND COMMENTARY
Jason E. Bordoff, Spring 2008, Democracy Journal, Issue #8, Spring 2008
Jason Bordoff presents a plan for "pay-as-you-drive" car insurance, a win-win policy—good for society and good for most drivers—that makes significant progress on climate change, congestion and other driving-related harms and is more equitable at the same time, all while reducing insurance costs for the majority of drivers. Read More
RESEARCH AND COMMENTARY
Robert Hahn, January 2008, AEI Center for Regulatory and Market Studies
Robert W. Hahn identifies key issues that will affect future ethanol support and suggests how politics could affect the development of sensible energy and climate policies in general. He offers some suggestions for more cost-effective development of energy alternatives that would enhance energy security and environmental quality. Read More
RESEARCH AND COMMENTARY
William J. Baumol, Colin C. Blaydon, Charles J. Cicchetti, Jeffrey A. Dubin, Franklin M. Fisher, Jerry A. Hausman, William W. Hogan, Joseph P. Kalt, Paul R. Kleindorfer, Robert J. Michaels, Bruce M. Owen, Craig Pirrong, Michael A. Salinger, Steven M. Shavell, Vernon L. Smith, René M. Stulz, James L. Sweeney, Robert D. Willig, and Catherine D. Wolfram and Robert Hahn, November 2007, AEI-Brookings Joint Center
Economists have long recognized that certainty of contract is essential to a healthy economy. Long-term forward contracts, in particular, help reduce financial risk. Those contracts can only accomplish that goal, however, if parties know the contracts will be enforced. Brookings Robert Hahn and other economists take a look at Supreme Court's Morgan Stanley Capital Group Inc. v. Public Utility case of Snohomish County, Washington case. Read More
RESEARCH AND COMMENTARY
Robert W. Crandall, November 08, 2007, The Wall Street Journal
Robert Crandall discusses telecommunications regulatory policies in the European Union and critiques a proposal to enforce functional separation on the broadband market. Read More