Summary Spring 1996

New Working Papers in the research program on employment and labor market structure address nonparticipation in welfare programs by the working poor, trends in workplace skill requirements, and a structural approach to wage determination. A series of papers focusing on federal buget policy includes an analysis of biennial budgeting.

Contents: New Working Papers: The Working Poor and Welfare Recipiency * Technology and the Demand for Skills * Unemployment, Inflation, and the Job Structure * Biennial Budgeting for the Federal Government: Lessons from the States * Reforming Unemployment Insurance: Toward Greater Employment *Seminars: How Credible Are Estimates of the Economic Returns to Schooling? * American Standards of Living * R&D and Innovation * New Public Policy Brief: Revisiting Bretton Woods * Institute News: Two New Members of the Board of Advisers * New Book