Report April 1996

Highlights of this issue are a synopsis of the Levy Institute symposium on the globalization of financial markets, a summary of Clair Brown’s lecture on standard of living indexes for American families, and an interview with Edward V. Regan, chairman of the Municipal Assistance Corporation.

Contents: Lecture Series: Clair Brown: American Standards of Living * The Levy Report Interview: Edward V. Regan Discusses Fiscal Responsibility, General Economic Conditions, and Politics * Symposium: Global Capital Flows in Economic Development * New Working Papers: Technology and the Demand for Skills * The Consumer Price Index as a Measure of Inflation and Target of Monetary Policy * Understanding the 1994 Election: Still No Realignment * Unemployment, Inflation, and the Job Structure * New Public Policy Brief: Reforming Unemployment Insurance: Toward Greater Employment * Levy Institute News: New Member of the Board of Advisors * Levy Institute Participants in National Conferences * Forum on Immigration and Ethnicity * The Levy Institute on the World Wide Web