We use OECD data to examine inter-industry wage differentials (relative wages among industries) for 14 OECD countries over the period 1970-85. We find, first, that the industrial wage structures have shown remarkable stability over time in terms of rank order for all the countries in the sample....

Using PSID data for the years 1984-99, we estimate the level and severity of asset poverty. We find that despite a sharp decline in the official poverty rate, the asset poverty rate barely budged over this period. Moreover, the severity of asset poverty increased during this period. The...

We assess the effects of government expenditures and taxation on household economic well-being in the United States in 1989 and 2000. Net government expenditure is estimated as the difference between government expenditures incurred on behalf of the household sector-transfers and public...