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Working Paper No. 183Corporate Governance and Corporate Employment
January 01, 1997 Unless American corporations change their structure of governance, it is unlikely that many will remain prosperous in this age of global competition, argue Research Associates William H. Lazonick and Mary...more Publication -
Working Paper No. 182
Literacy among the Jews of Russia in 1897
December 01, 1996 Researchers exploring Jewish literacy have traditionally ignored the Russian Census of 1897 on the grounds that it underreported Jewish literacy. Most have felt that the low literacy percentage reported for...more Publication -
Working Paper No. 181
Which Immigrant Occupational Skills?
December 01, 1996 Researchers have long sought explanations for the success of Jews who migrated to the United States at the turn of the century in attaining middle-class status. East European Jews arrived...more Publication -
Working Paper No. 180
The Utilization of Human Capital in the US, 1975–1992
December 01, 1996 The experience that comes with age and the productive capacity of youth are both assets widely underused in the American labor market, according to Research Associate Robert Haveman and co-authors...more Publication -
Working Paper No. 179
Protracted Frictional Unemployment As a Heavy Cost of Technical Progress
December 01, 1996 In this working paper, Research Associates William Baumol and Edward N. Wolff, both of New York University, explore the effects of the rate of technological progress on unemployment. They hypothesize...more Publication -
Public Policy Brief No. 28Making Work Pay
November 10, 1996 Barry Bluestone of the University of Massachusetts and Teresa Ghilarducci of the University of Notre Dame show that although the poverty rate for elderly Americans has declined over the past...more Publication -
Working Paper No. 177
Taxes, Saving, and Macroeconomics
November 01, 1996 Resident Scholar Neil H. Buchanan offers an analysis of the macroeconomic effects of current proposals to reform the tax system (e.g., a flat tax or a national sales tax), focusing...more Publication -
Working Paper No. 176
Exploring the Politics of the Minimum Wage
November 01, 1996 Resident Scholar Oren M. Levin-Waldman argues that, although the minimum wage is a serious economic issue, enacting an increase in the minimum wage is a political one. He finds that...more Publication -
Working Paper No. 175
What Do Micro Data Reveal about the User Cost Elasticity?
November 01, 1996 The responsiveness of business investment to user costs (interest rates, taxes, and depreciation rates) is important in determining the effect of fiscal policy and aggregate stabilization policy on the economy...more Publication -
Working Paper No. 174
The Second Generation and the Children of the Native-Born
November 01, 1996 Recent discussion and some preliminary research have given a negative prognosis for children of immigrants. Senior Scholar Joel Perlmann and Roger Waldinger, professor of sociology at the University of California...more Publication -
Working Paper No. 178
The Collapse of Low-skill Wages
November 01, 1996 No recent development in the American labor market has been more dramatic and troubling than the collapse in the buying power of workers’ paychecks. This drop in the value of...more Publication -
Working Paper No. 173
A Critique of Competing Plans for Radical Tax Restructuring
October 01, 1996 At almost any time there exists a plan to alter the structure of taxation, and their number seems to increase during election years. Resident Scholar Neil Buchanan analyzes several recent...more Publication -
Working Paper No. 172
Selective Migration As a Basis for Upward Mobility?
October 01, 1996 The upward mobility of Jews who migrated to the United States at the turn of the nineteenth century has been explained as a function of premigrational cultural characteristics (such as...more Publication -
Public Policy Brief No. 27
Targeting Inflation
September 09, 1996 The targets for monetary policy adopted by the Fed in recent years have not proven to be closely correlated with inflation, leading some theorists and policymakers to advocate the use...more Publication -
Working Paper No. 171
Rethinking Health Care Policy—The Case for Retargeting Tax Subsidies
July 21, 1996 More than 40 million Americans currently have no access to health care for reasons of income. Moreover, plans enacted or discussed at the state level to cover the uninsured face...more Publication -
Public Policy Brief No. 26
Making Unemployment Insurance Work
July 08, 1996 What is needed to solve the problem of growing long-term unemployment is a two-tiered system that distinguishes between short-term and long-term unemployment. The system should continue to function as an...more Publication -
Working Paper No. 170
Which Deficit?
June 11, 1996 For some time economists have acknowledged that reported budgetary data do not necessarily reflect actual economic activity. Agreement has not been reached, however, on how budget figures should be adjusted...more Publication -
Working Paper No. 169
Comparing Alternative Methods of Adjusting US Federal Fiscal Deficits for Cyclical and Price Effects
June 10, 1996 In this working paper, Resident Scholar Neil H. Buchanan statistically tests six alternative definitions of the federal budget deficit to determine if these definitions improve the results of econometric studies...more Publication -
Working Paper No. 168
Assimilation
June 09, 1996 Assimilation of today’s immigrants is one topic in the current debate on immigration. Some observers assert that recent immigrants are unable to assimilate into American society as easily as past...more Publication -
Working Paper No. 167
Money, Finance, and National Income Determination
June 08, 1996 Traditional economic models have largely failed to account adequately for the roles of money and finance in economic operations. For example, traditional models assume an exogenously determined, fixed money stock...more Publication -
Working Paper No. 166
The Minimum Wage and the Path towards a High Wage Economy
June 01, 1996 According to Resident Scholar Oren M. Levin-Waldman, the arguments both in favor of raising the minimum wage (to restore its real spending power to levels of previous years, to increase...more Publication -
Working Paper
The Minimum Wage and the Path Toward a High Wage Economy
June 01, 1996 f73a205376.txt Publication -
Working Paper No. 161
Globalization, Capital Flows, and International Regulation
May 01, 1996 In the postwar period prior to 1990 policy proposals aimed at reducing the instabilities associated with increased capital flows focused on increasing market efficiencies so that nominal variables would reflect...more Publication -
Working Paper No. 160
Intervention versus Regulation
May 01, 1996 This new working paper investigates the roles the International Monetary Fund (IMF) might play given its mandate to provide institutional support for a global capital market that can promote trade...more Publication