Estimating the social costs of national economic policy
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Estimating the social costs of national economic policy implications for mental and physical health, and criminal aggression : a study prepared for the use of the Joint Economic Committee, Congress of the United States. by M. Harvey Brenner

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Published by U.S. Govt. Print. Off. in Washington .
Written in English



  • United States


  • United States -- Economic policy -- 1971-1981.,
  • United States -- Social conditions -- 1960-1980.,
  • United States -- Economic conditions -- 1971-1981.

Book details:

Edition Notes

At head of title: 94th Congress, 2d session. Joint committee print.

SeriesAchieving the goals of the Employment act of 1946--thirtieth anniversary review : Volume 1, Employment ;, paper no. 5
ContributionsUnited States. Congress. Joint Economic Committee.
LC ClassificationsHC106.6 .A623 vol. 1, no. 5, HC106.7 .A623 vol. 1, no. 5
The Physical Object
Paginationxiii, 229 p. ;
Number of Pages229
ID Numbers
Open LibraryOL5016014M
LC Control Number76603766

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lawrence e. cohen and marcus felson on estimating the social costs of national economic policy: a critical examination of the brenner study abstract. Brenner Harvey: , ‘Estimating the social costs of national economic policy: Implications for mental and physical health and criminal aggression’, Paper no. 5, Joint Economic Committee, Congress of the United States (U.S. Government Printing Office, Washington, D.C.).Cited by: 11 M. Harvey Brenner, Estimating the Social Cost of National Economic Policy (U.S. Congress, Joint Economic Committee, ); see Brenner, Mental Illness and the Economy (Cambridge, Mass.: Harvard Univ. Press, ). 12 Congressional Budget Office, Economic and Budget Outlook. What is social policy, and why are welfare systems important? How have they been affected by the global financial crisis? The fourth edition of this well-respected textbook provides an excellent introduction to social policy in the twenty-first century. Expert contributors examine the development, delivery, and implications of welfare, as well as the social and economic context by which it is 5/5(1).

This chapter discusses national economic policies in different major organization of economic cooperation and development (OECD) countries like Austria, Sweden, Canada, and Australia. The objective of full employment has always been given very high priority in Swedish economic policy, independently of the party in power.   Brenner, M. H. Estimating the Social Costs of National Economic Policy: Implications for Mental and Physical Health and Criminal Aggression. Joint Economic Committee, Congress of the United States. U.S. Government Printing Office, Washington, D.C., Google Scholar. An economic policy that benefits one segment of society may be damaging to another. Keeping inflation under control by raising interest rates makes it difficult for businesses to get capital to expand and hire additional workers; the unemployment rate may go up. and it costs more to buy the same things. This condition is called inflation. Social cost in neoclassical economics is the sum of the private costs resulting from a transaction and the costs imposed on the consumers as a consequence of being exposed to the transaction for which they are not compensated or charged. In other words, it is the sum of personal and external costs. Private costs refer to direct costs to the producer for producing the good or service.

Measuring the Social and Economic Costs of Public Sector InformationOnline: A Review of the Literature and Future Directions." National Research Council. The Socioeconomic Effects of Public Sector Information on Digital Networks: Toward a Better Understanding of Different Access and Reuse Policies: Workshop Summary. Washington, DC: The. 2 Conventional economic theory regarding social costs, which stems from A. C. Pigou’s The Economics of Welfare ( []) but lacks his subtlety of analysis, is based on the understanding that these costs are “externalities” – a market approach, which remained relatively uncontroversial until the early s, was substantially challenged by the work of Ronald Coase in.   wide or general equilibrium (GE) approach to evaluate the social cost of regulatory policy adds significant value. This white paper documents the steps involved, key assumptions, and challenges that may arise when estimating the social cost of an air regulation using a computable general equilibrium (CGE) model. This paper estimates the social returns to investments in innovation. The disparate spillovers associated with innovation, including imitation, business stealing, and intertemporal spillovers, have made calculations of the social returns difficult. Here we provide an economy-wide calculation that nets out the many spillover margins.