...is Stambaugh Professor of Political Economy at the John F. Kennedy School of Government at Harvard University and a research associate at the National Bureau of Economic Research. (variables common to\ /random draw from \ TAXSIM and PSID I + empirical residual / \distribution /...

...to 500 men and women and present the results Victor R. Fuchs is professor of Economics at Stanford University and a research associate at the National Bureau of Economic Research. This research was supported by grants from The Robert Wood Johnson Foundation and The Henry J. Kaiser...

...markedly for workers of different ages and job tenure? Jerry R. Green is professor of economics at Harvard University and a research associate at the National Bureau of Economic Research. I gratefully acknowledge excellent research assistance by Arturo Estrella and helpful comments from...

...an economist at the Reserve Bank of Australia. Jeffrey D. Sachs is professor of economics at Harvard University and a research associate at the National Bureau of Economic Research. The authors thank William Branson and Robert Flood for helpful comments and DRI for computing facilities....

...John F. Stambaugh Professor of Political Economy at the John F. Kennedy School of Government, Harvard University, and a research associate at the National Bureau of Economic Research. The overview borrows and paraphrases freely from the texts of individual papers. pensation similar...

...the consuming industries, can be Catherine J. Morrison is associate professor of economics at Tufts University and a research associate at the National Bureau of Economic Research. modeled. This is critical for consideration of important questions such as the effect of fluctuating...

...that might help explain differences in fiscal Harvey S. Rosen is professor of economics at Princeton University and a research associate at the National Bureau of Economic Research. decentralization, and then test these theories econometrically. They find that a state's share in state...

...Economic Research. Jeffrey D. Sachs is the Galen L. Stone Professor of International Trade at Harvard University and a research associate at the National Bureau of Economic Research. Wing Thye Woo is an assistant professor of economics and head of the Pacific Rim Studies Program at...

...after some brief comments on the econometric model. Willem H. Buiter is professor of economics at Yale University and a research associate at the National Bureau of Economic Research. The Model The econometric model is a IS-LM, aggregate demand-aggregate supply model with rational expectations...

...day to day political pressures. My name is Lawrence Summers, I am a Professor of Economics at Harvard University and a research associate at the National Bureau of Economic Research. I am pleased to have this opportunity to testify before this distinguished committee on the subject...