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Working Paper No. 142Industrial Change and Social Mobility
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Working Paper No. 141
Financial Innovation and Risk Management
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Working Paper No. 140
The Deficiencies of the Unemployment Insurance System
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Public Policy Brief No. 20Assessing the Constitutional Route to Federal Budget Balance
Charles J. Whalen evaluates the political and economic arguments in favor of a constitutional amendment requiring a balanced budget and concludes that, although today’s federal budget process needs reform, the balanced budget amendment is not a solution. In fact, such an amendment would divert attention from what is really needed, namely, establishing priorities and making […] -
Public Policy Brief No. 19
Cooperate to Compete
Takao Kato outlines the types of human resource management practices (HRMPs) used in Japan and the effect of these employee participation programs on employee productivity and economic competitiveness. From these findings about the effects of HRMPs on Japanese productivity, Kato draws several conclusions for the direction that American policy might take in order to raise […] -
Working Paper No. 139
On Stock Market Returns and Monetary Policy
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Working Paper No. 138
US Foreign Trade, the Budget Deficit, and Strategic Policy Problems
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Working Paper No. 137
Closing the R&D Gap
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Working Paper No. 136
Statistical Inference via Bootstrapping for Measures of Inequality
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Public Policy Brief No. 18
The Economics of Aging
S. Jay Levy presents a preliminary study of the consumption patterns of retirees and nonretirees during the 1980s, paying particular attention to the distribution of the national consumer product. The consumer product increased in aggregate size during the period, but the retirees’ portion of it grew four times faster than the working households’ share. Indeed, […] -
Working Paper No. 135
Explaining Japan’s Saving Rate
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Working Paper No. 134
Aggregate Demand and Micro Behavior
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