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Thompson says LGBT social movement will bring new strength in push for tighter gun control

Yang says devalued pound will decrease resources for the families of migrant workers in Britain

Work by Brown, Ryan, Jackson cited in brief for UT Supreme Court case on race-conscious college admissions

Highlights

Overview of Michigan's advanced research computing resources, Monday, June 27, 9-10:30 am, BSRB - Kahn Auditorium

U-M's Data Science Initiative offers expanded consulting services via CSCAR

Elizabeth Bruch promoted to Associate Professor

Susan Murphy elected to the National Academy of Sciences

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PSC Brown Bags
will resume fall 2016

Optimal Contributions to Flexible Spending Accounts

Archived Abstract of Former PSC Researcher

Bhattacharya, J., Michael Schoenbaum, and N. Sood. 2002. "Optimal Contributions to Flexible Spending Accounts." Economics Letters, 76(1): 129-135.

Flexible spending accounts (FSAs) permit tax-free healthcare spending. FSA dollars at year-end are lost. Given no alternative for leftover money, rational consumers spend to zero. Optimal FSA contributions should emphasize tradeoffs between utility from pre-tax medical expenditures and post-tax non-medical consumption. (C) 2002 Elsevier Science B.V. All rights reserved.

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