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Assessing the Emerging Global Financial Architecture: Measuring the Trilemma’s Configurations over Time
The authors develop a methodology to characterize in an intuitive manner the choices countries have made with respect to the trilemma during the post Bretton-Woods period.
New Estimates of Public Employment and Training Program Net Impacts: A Nonexperimental Evaluation of the Workforce Investment Act Program
Two federal job training programs for adults lead to higher wages in the long run. People with poor work histories who enrolled in training through the Workforce Investment Act's Adult Program initially had lower wages, ...
A Forensic Analysis of Global Imbalances
The authors use updated data to re-examine the determinants of current account balances. They find that changes in budget balances in 2008-09 appear to have an effect in advanced current account deficit countries such as ...
Fifth-Year Report: Milwaukee Parental Choice Program
An update to a 1994 paper, this report describes the Milwaukee Parental Choice Program and data; the participating families and students; outcomes after five years; and responses to earlier evaluations.
Work and Earnings of Low-Skill Women: Do Survey Response and Administrative Records Provide Consistent Information?
The authors find substantial differences in mean earnings and mean employment rates between survey data and Unemployment Insurance data.
Health Inequality between Black and White Women
The authors examine the inequality in health status between black and white women and to explore the extent to which such differences are associated with observed dissimilarities in characteristics such as insurance ...
Three Current Account Balances: A "Semi-Structuralist" Interpretation
Three large current account imbalances the U.S. deficit and the two surpluses in Japan and in the euro area are subjected to a minimalist structural interpretation. This simple interpretation enables us to assess how ...
Challenges of the New Regulation
The author examines new methods of environmental regulation that seek to reform the traditional "command and control."