NBER Reporter articles from June 2003

NBER Reporter archives from June 2003

The economics of aging.(Program Report)
June 22, 2003... Population aging, early retirement, limited but increasing retirement saving, more expensive medical practice patterns, and an established national entitlement to income and health care support after age 65--all of these factors largely define...

Randomized trials and quasi-experiments in education research.(Research Summaries)
June 22, 2003... The 2001 No Child Left Behind (NCLB) Act promises a series of significant reforms. The hope is that these reforms will jump-start under-performing American schools. Most public discussion of the Act has focused on the mandate for test-based...

Inflation dynamics: combining measurement with theory.(Research Summaries)
June 22, 2003... Among the central issues in macroeconomics is the nature of short-run inflation dynamics. This matter is also one of the most fiercely debated, with few definitive answers available after decades of investigation. At stake, among other things,...

The new economics of smoking.(Research Summaries)
June 22, 2003... The past six years have seen an enormous change in the treatment of smoking by both the public and policy makers. In 1995, federal and state excise taxes on cigarettes were one-third lower, in real terms, than their peak level of the mid-1960s....

Venture capitalists as economic principals.(Research Summaries)
June 22, 2003... There is a large academic literature on the principal-agent problem in financial contracting. (1) This literature focuses on the conflicts of interest between an agent--an entrepreneur with a venture that needs financing--and a principal--an...

NBER profile: Joshua Angrist.(Brief Article)
June 22, 2003... Joshua Angrist is a Research Associate in the NBER's Programs on Children, Education, and Labor Studies, and a Professor of Economics at MIT. A dual U.S. and Israeli citizen, he taught at the Hebrew University of Jerusalem before coming to MIT....

NBER profile: Jordi Gali.(Brief Article)
June 22, 2003... Jordi Gali is a Research Associate in the NBER's Program on Economic Fluctuations and Growth and the Program on Monetary Economics. He is also a Senior Researcher and Director of the Center for Research on International Economics (CREI) at...

NBER profile: Jonathan Gruber.(Brief Article)
June 22, 2003... Jonathan Gruber is Director of the NBER's Program on Children, an NBER Research Associate, and a Professor of Economics at MIT, where he has taught since 1992. He is also a co-editor of the Journal of Public Economics, and an Associate Editor...

NBER profile: Steven N. Kaplan.(Brief Article)
June 22, 2003... Steven N. Kaplan is an NBER Research Associate in the Corporate Finance Program and the Neubauer Family Professor of Entrepreneurship and Finance at the University of Chicago's Graduate School of Business (GSB). He is also the faculty director...

NBER profile: Per Stromberg.(Brief Article)
June 22, 2003... Per Stromberg is a Faculty Research Fellow in the NBER's Program on Corporate Finance and an Associate Professor of Finance at the Graduate School of Business (GSB) of the University of Chicago. He has been a member of the GSB faculty since...

Eighteenth Annual Conference on Macroeconomics.(Conferences)(April 4-5, 2003)
June 22, 2003... The NBER's Eighteenth Annual Conference on Macroeconomics, organized by Mark Gertler, NBER and New York University and Kenneth Rogoff, NBER and Harvard University, was held in Cambridge on April 4 and 5. The program was: Susanto Basu, NBER...

Innovation Policy and the economy.(Conferences)(NBER's fourth annual Conference on Innovation Policy and the Economy, April 15 2003)
June 22, 2003... The NBER's fourth annual Conference on Innovation Policy and the Economy, organized by Research Associates Adam B. Jaffe of Brandeis University, Joshua Lerner of Harvard Business School, and Faculty Research Fellow Scott Stern of MIT, took...

Economics of aging.(Conferences)(NBER conference on the economics of aging, May 2003)
June 22, 2003... The NBER's held another in a series of conferences on the economics of aging on May 2-4. Program Director David A. Wise of Harvard University organized this agenda: James M. Poterba, NBER and MIT; Joshua Rauh, MIT; Steven F. Venti, NBER...

Corporate Governance.(Conferences)(NBER-Universities Research Conference on Corporate Governance, May 2003)
June 22, 2003... An NBER-Universities Research Conference on "Corporate Governance" took place in Cambridge on May 9 and 10. The organizers were Bengt Holmstrom, NBER and MIT, and Steven N. Kaplan, NBER and University of Chicago. These papers were discussed:...

International Seminar on Macroeconomics.(Conferences)(June 2003)
June 22, 2003... The NBER's 26th Annual International Seminar on Macroeconomics (ISOM), organized by Zvi Eckstein, Boston University, and Kenneth West, NBER and University of Madison, Wisconsin, was held on June 13-14 at the Universitat Pompeu Fabra in...

President Bush taps NBER economists for CEA.(Bureau News)(Harvey S. Rosen and Kristin Forbes to become members of Council of Economic Advisers)(Brief Article)
June 22, 2003... President Bush has nominated two more NBER researchers to become members of his Council of Economic Advisers. Harvey S. Rosen and Kristin Forbes will be joining N. Gregory Mankiw, a Harvard economics professor and NBER Research Associate, who...

Levitt receives John Bates Clark Medal.(Bureau News)(Steven D. Levitt)(Brief Article)
June 22, 2003... NBER Research Associate Steven D. Levitt, a professor of economics at the University of Chicago, received the American Economics Association's John Bates Clark Medal this year. The award is given every two years to the economist under the age...

NBER researchers lead American Economics Association.(Bureau News)(Brief Article)
June 22, 2003... Three NBER Research Associates are the President, President-Elect, and nominee for President-Elect, respectively, of the American Economics Association (AEA). Peter A. Diamond, an MIT economics professor and member of the NBER's Programs on...

NBER announces 2003-4 nonprofit fellowships.(Bureau News)(Brief Article)
June 22, 2003... NBER Research Associate James M. Poterba has announced the recipients of NBER Fellowships for the Study of Nonprofit Institutions for the 2003-4 academic year. This NBER fellowship program is designed to encourage research on nonprofit...

Thomas D. Flynn, Director Emeritus, dead at 90.(Bureau News)(Brief Article)(Obituary)
June 22, 2003... Thomas D. Flynn, who became a Director of the NBER in 1967 representing the American Institute of Certified Public Accountants as its president, died on April 12 at age 90. He has been a Director Emeritus of the NBER since 1968. Flynn was...

2002 Japan conference: a summary of the papers.(Bureau News)(conference proceedings online)(Brief Article)
June 22, 2003... The NBER recently published a booklet summarizing the papers and discussions presented at a September 2002 conference in Tokyo. This conference, which has been held annually for the past several years, presents some of the best English language...

Labor Studies.(National Bureau of Economic Research Program on Labor Studies report)
June 22, 2003... The NBER's Program on Labor Studies met in Cambridge on April 4. Program Director Richard B. Freeman, and Lawrence F. Katz, NBER and Harvard University, organized the meeting. These papers were discussed: Henry S. Farber, NBER and Princeton...

Monetary Economics.(National Bureau of Economic Research Program on Monetary Economics meeting on April 11, 2003)
June 22, 2003... The NBER's Program on Monetary Economics met in Cambridge on April 11. Susanto Basu, NBER and University of Michigan, and Michael Woodford, NBER and Princeton University, organized this program: Paul Beaudry, NBER and University of British...

Higher Education.(National Bureau of Economic Research Working Group meeting on May 2, 2003)
June 22, 2003... The NBER's Working Group on Higher Education met in Cambridge on May 2. Charles T. Clotfelter, NBER and Duke University, organized this program: Julie B. Cullen, NBER and University of Michigan; Mark C. Long, George Washington University;...

International Trade and Organizations.(National Bureau of Economic Research Working Group meeting on May 3 2003)
June 22, 2003... The NBER's Working Group on International Trade and Organizations met in Cambridge on May 3. Gordon Hanson, NBER and University of California, San Diego, organized the meeting. These papers were discussed: Patrick Legros, Princeton...

Health Care.(National Bureau of Economic Research Program on Health Care meeting on May 9 2003)
June 22, 2003... Members of the NBER's Program on Health Care met in Cambridge on May 9. Program Director Alan M. Garber, of Stanford University, organized the meeting. These papers were discussed: Jonathan S. Skinner and Douglas O. Staiger, NBER and...

Market Microstructure.(National Bureau of Economic Research Working Group meeting in Cambridge, May 16 2003 )
June 22, 2003... The NBER's Working Group on Market Microstructure met in Cambridge on May 16. The meeting was organized by Bruce Lehmann, NBER and University of California, San Diego; Andrew Lo, NBER and MIT; Matthew Spiegel, Yale University; and Avanidhar...

The Governance of Not-for-Profit Organizations.(Bureau Books)(Book Review)
June 22, 2003... The Governance of Not-for-Profit Organizations, edited by Edward L. Glaeser, is available from the University of Chicago Press for $55.00. This NBER conference volume describes governance issues in several different types of not-for-profit...

Means-Tested Transfer Programs in the United States.(Bureau Books)(Book Review)
June 22, 2003... Means-Tested Transfer Programs in the United States, edited by Robert A. Moffitt, is available from the University of Chicago Press for $95.00. In just the last ten years, we have seen means-tested transfer programs--programs for which some...

Labor Markets and Firm Benefit Policies in Japan and the United States.(Bureau Books)(Book Review)
June 22, 2003... Labor Markets and Firm Benefit Polities in Japan and the United States, edited by Seiritsu Ogura, Toshiaki Tachibanaki, and David A. Wise, is available from the University of Chicago Press for $99.00. This is the fourth volume resulting from a...

NBER Working Papers on-line.(Current Working Papers)
June 22, 2003... A complete list of all NBER Working Papers with searchable abstracts, and the full texts of Working Papers (issued since November 1994) are available at http://www.nber.org/wwp.html to anyone located at a university or other organization that...