had their second child expected on t,he average to have 3 children when their families are completed; those who had had a fourth child expected 4.6 children. While these expectations are somewhat, lower than those found among white Detroit area women at comparable parities, there is serious question as to whether they are realistic. Attitudes and use of birth control among the Negro sample lend...

We use an OLG model with heterogenous agents who choose how much to spend on their health under health uncertainty in order to study the effect of transitioning from a system with private health insurance for young agents and Medicare for old agents to a system with health savings accounds (HSAs) for young agents and Medicare for the old. We focus on possible cost savings, the effects on output...

This paper presents a critical analysis of the economic impacts of past, ongoing, and planned research of BFRL’s construction systems integration and automation technologies (CONSIAT) program. The CONSIAT program is an interdisciplinary research effort within BFRL to develop key enabling technologies, standard communication protocols, and advanced measurement technologies needed to facilitate t...

Recent theoretical work suggests that means and asset-tested social insurance programs can explain the low savings of lower income households in the U.S. We assess the validity of this hypothesis by investigating the effect of Medicaid, the health insurance program for low income women and children, on savings behavior. We do so using data on asset holdings from the Survey of Income and Program...

Aging populations are leading countries worldwide to social security reforms. Many countries are moving from pay-as-you-go to personal retirement account (PRA) systems because of their financial sustainability and positive impact on private savings. PRA systems boost private savings at a macro level by converting a government liability into financial wealth managed by private fund managers. How...