Decomposing an Economic Impact into Its Local and Spillover Effects

Bill Dupor

On the Economy from Federal Reserve Bank of St. Louis

Abstract: An analysis of cost-of-living increases for Social Security shows a strong direct effect on income within a state where the recipient lives but little evidence of a spillover effect in other states.

Keywords: Social Security; cost-of-living adjustment (search for similar items in EconPapers)
Date: 2023-08-17
New Economics Papers: this item is included in nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:96585

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