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The Black Youth Employment Crisis
In recent years, the earnings of young blacks have risen substantially relative to those of young whites, but their rates of joblessness have also risen to crisis levels. The …
Empirical Studies of Strategic Trade Policy
Since the 1980s, economists have used the concept of strategic trade policy, which takes account of imperfect competition and increasing returns in the international marketplace, …
Canada-U.S. Tax Comparisons
In the increasingly global economy, domestic tax policies have taken on a new importance for international economics. This unique volume compares the tax reform experiences of …
Studies in State and Local Public Finance
In fiscal year 1981-82, state and local government spending actually exceeded federal nondefense spending. However, past research in public finance has focused on federal spending …
Studies of Supply and Demand in Higher Education
In the United States today, there are some 3,400 separately governed colleges and universities, amounting to a higher education industry with expenditures that constitute 2.8% of …
Trade with Japan
The realities of Japanese-U.S. trade and investment relations are clouded by mistrust, misinformation, and myth. In what way is the Japanese economic system different, and is it to …
Mergers and Acquisitions
Do mergers lead to financial instability? How are shareholders' interests best served? How significant a role do taxes play? What are the implications for the structure and …
National Saving and Economic Performance
The past decade has witnessed a decline in saving throughout the developed world—the United States has the dubious distinction of leading the way. The consequences can be serious. …
The Regulated Economy
How has the United States government grown? What political and economic factors have given rise to its regulation of the economy? These eight case studies explore the late 19th- …
Taxes and Capital Formation
Economists have long recognized the importance of capital accumulation for productivity and economic growth. The National Bureau of Economic Research is currently engaged in a …