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Press Releases


Research Notes–September 2007


Featuring research published in August 2007

Speeches

Competitive Pressures and Workforce Adaptability
August 25, 2007
Dennis P. Lockhart, president and chief executive officer of the Federal Reserve Bank of Atlanta, provides his thoughts on the competitive pressures affecting the Sixth District and some implications for state policymakers to the Southern Governors Association Annual Meeting in Blioxi, Miss.

Macroeconomics

Smoking: Taxing Health and Social Security
Economic Review Q3 2007
Because they have shorter life expectancies, smokers incur a higher net marginal Social Security tax rate than nonsmokers. This higher tax rate could affect both labor supply behavior and the Social Security system’s funding.

Does Disability Explain State-Level Differences in the Quality of Medicare Beneficiary Hospital Inpatient Care?
Working Paper 2007-18
Using data from the Centers for Medicare and Medicaid Services, the authors determine that states with higher proportions of people with disabilities have a lower quality of hospital care.

Cigarette Smoking and Food Insecurity among Low-Income Families in the United States, 2001
Working Paper 2007-19
Low-income families with a household head or spouse who smokes are more prone to food insecurity—having insufficient funds to buy enough food to maintain a healthy lifestyle.

What Determines the Output Drop after an Energy Price Increase: Household or Firm Energy Share?
Working Paper 2007-20
Firms’ reduced average energy share during the past twenty years has increased the economy’s resilience to energy price shocks, the authors find.

Dollar Continued to Depreciate in July
The average monthly value for the trade-weighted dollar index of 15 major currencies tracked by the Federal Reserve Bank of Atlanta fell 1.3 percent in July—its sixth consecutive monthly decline.