This study explores determinants of the wage penalty borne by smokers. The authors reconstruct individual smoking histories by pooling PSID (Panel Study of Income Dynamics) data for 1986-2001. They find no wage gap between former smokers and those who had never smoked, but statistically...

Discusses the insurance aspects of unemployment insurance (UI). Importance of the division of labor and specialization; Information on a UI model; Other features of the UI system. (Abstract copyright EBSCO.)