Immigration policy is one of the most contentious public policy issues in the United States today. High-skilled immigrants represent an increasing share of the U. S. workforce, particularly in science and engineering fields. These immigrants affect e...

Volume 32 of the NBER Macroeconomics Annual features six theoretical and empirical studies of important issues in contemporary macroeconomics, and a keynote address by former IMF chief economist Olivier Blanchard. In one study, SeHyoun Ahn, Greg Kapl...

Since the late 1950s, the engineering job market in the United States has been fraught with fears of a shortage of engineering skill and talent".U. S. Engineering in a Global Economy" brings clarity to issues of supply and demand in this important ma...

Few economists can claim the influence – or fame – of F. A. Hayek. Winner of the Nobel Prize, Hayek was one of the most consequential thinkers of the twentieth century, his views on the free market echoed by such major figures as Ronald Reagan and Ma...

The six research studies in Volume 32 of Tax Policy and the Economy analyze the U. S. tax and transfer system, in particular its effects on revenues, expenditures, and economic behavior. First, James Andreoni examines donor advised funds, which are f...

With the growth of international business and the rise of companies with subsidiaries around the world, the question of where a company should file bankruptcy proceedings has become increasingly complicated. Today, most businesses are likely to have...

Today, more American women than ever before stay in the workforce into their sixties and seventies. This trend emerged in the 1980s, and has persisted during the past three decades, despite substantial changes in macroeconomic conditions. Why is this...

"The Supreme Court Economic Review" is a faculty-edited, peer-reviewed, interdisciplinary law and economics series with a particular focus on economic and social science analysis of judicial decision making, institutional analysis of law and legal st...

The bailouts during the recent financial crisis enraged the public. They felt unfair – and counterproductive: people who take risks must be allowed to fail. If we reward firms that make irresponsible investments, costing taxpayers billions of dollars...

The clerk attended his desk and counter at the intersection of two great themes of modern historical experience: the development of a market economy and of a society governed from below. Who better illustrates the daily practice and production of thi...