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Monday November 23, 2009

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  • Behavioral Economics and Tax Policy

    Tue, 16 Jun 2009 00:00:00 GMT

    Behavioral Economics and Tax Policy
    Behavioral economics is changing our understanding of how economic policy operates – including tax policy. In this paper, William J. Congdon, Jeffrey R. Kling and Sendhil Mullainathan consider some implications of behavioral economics for tax policy, such as how it changes our understanding of the welfare consequences of taxation, the relative desirability of using the tax system as a platform for policy implementation and the role of taxes as an element of policy design.

  • The Choice Architecture of Automatic Enrollment in Health Insurance

    Fri, 12 Jun 2009 00:00:00 GMT

    The Choice Architecture of Automatic Enrollment in Health Insurance
    As discussion advances on healthcare reform and expansion of coverage in the U.S., the health insurance enrollment process takes on heightened importance. Jeffrey Kling looks at the issues through the lens of behavioral economics – using both psychology and economics to understand individual decision-making.

  • Jobs Report is Good News; U.S. Economy Turning Corner

    Fri, 05 Jun 2009 00:00:00 GMT

    While the unemployment rate jumped to 9.4 percent, which is the highest rate since 1983, there was actually a tremendous amount of good news in the May 2009 jobs numbers, says Jeffrey Kling. The economy seems to have turned the corner.

  • Helping More Unemployed Workers Find Jobs and Build Skills

    Fri, 08 May 2009 00:00:00 GMT

    On May 8, The Brookings Institution and the National Association of State Work Force Agencies hosted a discussion forum on a new paper, "Strengthening One-Stop Career Centers: Helping More Unemployed Workers Find Jobs and Build Skills." Jeffrey Kling made these remarks on Lou Jacobson's paper.

  • The Economy Needs a Shot In the Arm

    Sun, 21 Dec 2008 00:00:00 GMT

    Jeffrey R. Kling and William J. Congdon agree with the Obama stimulus proposal that increasing expenditures and decreasing taxes can stimulate the economy, but that spending on “shovel ready” infrastructure and human capital to diversify the targets of stimulus dollars will expedite the process while keeping waste to a minimum.

  • The Time for Fiscal Stimulus is Now

    Tue, 02 Dec 2008 00:00:00 GMT

    The Time for Fiscal Stimulus is Now
    It’s official: the U.S. economy is in a recession, according to the National Bureau of Economic Research, the recognized arbiter of the nation’s business cycles. Jeffrey Kling and William Congdon argue that President-elect Obama needs to come up with an economic recovery plan to remedy the impending economic slump, with emphasis on spending on infrastructure maintenance and repair, which can both stimulate the economy and serve valuable public needs.

  • State of the Economy

    Mon, 01 Dec 2008 00:00:00 GMT

    Jeffery Kling, Daniel Mitchell, Sharon Parrott, and host Ian Mylchreest discuss on KNPR Nevada Public Radio the Federal Reserve's latest plan to infuse another eight billion dollars in to the economy to help people borrow money for car loans, tuition and new homes and what effect this will have on the nation and the region.

  • A Shot in the Arm for Medicare Part D

    Thu, 20 Nov 2008 00:00:00 GMT

    A Shot in the Arm for Medicare Part D
    Jeffrey Kling and Ideas42 researchers have found that seniors are more likely to switch Medicare healthcare plans and save substantial amounts by changing from their existing plan. Given the overall state of the economy and recent news that drug plans are increasing their premiums up to 64 percent, the study helped inform the 24 million seniors in the program to shop around for the best price as open enrollment for Medicare Part D drug plans began.

  • Choosy Seniors Can Save on Prescriptions

    Tue, 18 Nov 2008 00:00:00 GMT

    The six-week annual open season for choosing health care options is under way. If you, or someone that you know, has prescription drug insurance from Medicare Part D, here's an idea that could save a bundle over the next year: consider switching plans, says Jeffrey Kling.

  • Obama's Economic Priorities

    Fri, 07 Nov 2008 17:07:14 GMT

    President-elect Obama held his first press conference today, focusing on the economy. Kling commented on Obama’s address saying the nation needs two rounds of stimulus to kick-start the economy—the first to stem recent job losses and help homeowners, and then to focus on longer-term growth.

  • Can Obama Save the U.S. Economy?

    Fri, 07 Nov 2008 00:00:00 GMT

    Senator Barack Obama made history this week after being elected America's next president. Jeffrey Kling from Brookings Institution considers what efforts Obama will take to save the ailing US economy and unstable financial industry.

  • Framing, Reference Points, and Preferences for Life Annuities

    Fri, 31 Oct 2008 00:00:00 GMT

    In this paper, Jeffrey R. Brown, Jeffrey R. Kling, Sendhil Mullainathan, Garth R. Wiens and Marian V. Wrobel test the relative effectiveness of their two framing contexts for life annuities when different reference points are introduced, testing for loss aversion in both investment and consumption frames.

  • Moving to Opportunity

    Thu, 22 May 2008 00:00:00 GMT

    Jeffrey Kling talks about housing policy, in particular about the use of housing vouchers in a speech given to the French Ministry of Labor, Social Affairs and Solidarity.

  • Why Don't People Choose Annuities? A Framing Explanation

    Mon, 31 Mar 2008 00:00:00 GMT

    Why Don't People Choose Annuities? A Framing Explanation
    Jeffrey Kling, Jeffrey Brown, Sendhil Mullainathan and Marian Wrobel explore the idea that people's aversion to annuities is not a fully rational phenomenon. They suggest that a psychologically richer model of consumer behavior can explain under-annuitization.

  • Modernizing Unemployment Insurance

    Wed, 19 Sep 2007 00:00:00 GMT

    Jeff Kling testified that more permanent job loss with large wage losses requires the nation to modernize the unemployment system.

  • New Kids on the Block

    Sat, 01 Sep 2007 00:00:00 GMT

    Article by Jeanne Brooks-Gunn, Greg J. Duncan, Jeffrey R. Kling and Lisa Sanbonmatsu (08/14/07)

  • Increasing Economic Security for American Workers

    Thu, 29 Mar 2007 00:00:00 GMT

    In testimony before the House Committee on Ways and Means Subcommittee on Income Security and Family Support, Jeff Kling argues that the introduction of wage insurance would increase economic security by reducing unemployment for American workers displaced by offshoring.

  • Remarks to the 2007 Winter Policy Forum

    Thu, 15 Mar 2007 00:00:00 GMT

    Speech by Jeffrey R. Kling (03/15/07)

  • Fundamental Restructuring of Unemployment Insurance: Wage-Loss Insurance and Temporary Earnings Replacement Accounts

    Fri, 01 Sep 2006 00:00:00 GMT

    Paper by Jeffrey Kling (9/11/2006)