Any subsidy plan for supplementing low incomes tends to reduce labor supply, to the extent leisure is not an inferior good, by raising incomes over what they would be from earnings alone. Under a constant or increasing marginal tax rate subsidy plan, this tendency is reinforced by the fact that...

The relationship between productivity and industry wage movements usually has been explored through comparison of changes in physical output per man-hour and average hourly earnings. According to the author of this study, such analyses have been ineffective because the element of product prices...

Division of Assets at divorce is a major source of contention. This comment refines a paper by Borenstein and Courant (1989) in which they show how to treat investment in educational degrees during a marriage as an asset to be divided between the educated spouse and the supporting spouse who...