Employing data for the United States taken from the 1983 wave of the Panel Study of Income Dynamics, an attempt is made to estimate tenure-earnings and tenure-productivity profiles. The underlying methodological approach is to assume that earnings of self-employed workers are identical to the...

There is a considerable literature on the effects of imperfections in U.K. rented housing markets in restricting labor mobility. This paper examines the interaction of labor and housing markets, including the owner-occupied sector, more generally. Implications are drawn for the behavior of...

In the teaching of macroeconomics, the quantitative aspects of the policy debate are often neglected. Students may be able to derive algebraic expressions for such quantities as the government expenditure multiplier and to obtain inequalities relating it to the tax cut multiplier, but they often...