NBER Reporter articles from March 1996

NBER Reporter archives from March 1996

Higher education. (increasing costs)(Research Summaries)
March 22, 1996... Higher education in the United States is a costly enterprise. Measured by aggregate statistics, the expenditures by all of the 3400 colleges and universities amounted to some $164 billion in academic year 1992 (1991/2), or about 2.9 percent of...

Welfare and the well-being of children.(Research Summaries)
March 22, 1996... There is broad public consensus that welfare programs should benefit poor children. Yet we know remarkably little about whether they actually do. Most research on welfare programs, as well as much of the debate about welfare reform, has...

The effect of budget rules on fiscal policy.(Research Summaries)
March 22, 1996... Theories of what affects the size and persistence of government budget deficits have been advanced for centuries, surely since the beginning of government debt finance. Two recent developments in fiscal policy have generated renewed interest...

Buying the Best.
March 22, 1996... Buying the Best by Charles T. Clotfelter is now available from the Princeton University Press for $29.95. (A profile of Charles T. Clotfelter appears earlier in this issue.) Since the early 1980s, the rapidly increasing cost of college,...

The Microstructure of Foreign Exchange Markets.
March 22, 1996... The Microstructure of Foreign Exchange Markets, edited by Jeffrey A. Frankel, Giampaolo Galli, and Alberto Giovannini, is now available from the University of Chicago Press for $55. This book is the product of a July 1994 conference...