[...]The New York City Social Indicators Survey (SIS)project represents one effort to track the consequences ofpolicy reform and devolution for inequality and well-beingin the largest and most diverse city in the United States.The project uses a telephone survey to collect data from arepeated...

[...]In this paper, I examine two methods of measuringthe value of better schools. One involves following individualsover time to determine how the quality of theirschooling affects outcomes later in their lives; the otherinvolves calculating parental valuation of better schoolstoday. I review...

[...]The central point is simple: far and away themost important determinant of how quickly studentslearn is the effort of students themselves. It follows thatan increase in schools’ expectations of students couldhave important effects on the quality of public schooling.By establishing a...

The paper evaluates the performance of three popular monetary policy rules when the central bank is learning aboutthe parameter values of a simple New Keynesian model. The three policies are: (1) the optimal non-inertial rule; (2)the optimal history-dependent rule; (3) the optimal price-level...

The paper explores the link between international economic integration and technological capability in colonial India. The example of iron industry shows that many new ideas and skills flowed into India from Europe, but not all met with commercial success. The essay suggests that in those fields...

New data on individual worker’s outputs show that New England ring spinners exhibited substantial on the job learning c. 1905. Despite this, variable capital-labour ratios meant high labour turnover reduced aggregate labour productivity only fractionally. The combination of variable...

This paper is a revised version of an Economic History thesis submitted to the London School of Economics in September 2000.The main text assumes analytical rather than chronological form, and, to avoid breaking the flow of the argument, it refers to persons, Labour Party structures and...

One of the most significant changes in the labour market in the twentieth century was the rise of the internal labour market. Its origins can be found in the nineteenth century, particularly in the large service companies such as banks and the railway companies. By studying the internal labour...

Economics has always had two connected faces in its Western tradition. In Adam Smith's eighteenth century, as in John Stuart Mill's nineteenth, these might be described as the science of political economy and the art of economic governance. The former aimed to describe the workings of the...

This paper examines changing patterns of labour relations innineteenth-century Brazil associated with the building of railways andexpansion of export agriculture. It addresses the 1850s-1880s period,decades when the `labour question' became a pressing issue forcontemporaries. The extinction of...