The paper reviews the educational and evaluation experience with the widely known Perry Preschool Program. Basically, the Perry Program generated short-term IQ gains that evaporated within 2 years, followed by long-term gains in attendance, academic achievement, graduation rates and earnings,...

In this collection of autobiographical essays, 26 prominent scholars detail their professional development, while offering insight into their lives and philosophies. With candor and humor they relate how they came to the field of economics, as well as how their views have evolved over the years.

Private educational firms claimed to be able to substantially increase the reading and mathematics achievement test scores of disadvantaged students. The OEO Performance Contracting Experiment tested this claim. Although analysis of experimental effects is complicated by imperfect matching of...

This paper is one of three in this Working Paper Series, along with those by Chouraqui <U>et al</U>. and Blanchard, in which the assessment of fiscal policy is reconsidered. It reviews the question of what type of budget indicators the OECD should compile. Instead of the cyclically-adjusted budget, it...</u>

This paper reviews the long-term financial problems facing the U.S. Social Security system. Not only is the system out of long-term actuarial balance, but implicit rates of return on worker contributions are low and dropping. The paper discusses different approaches for dealing with the twin...