This study considers the role of demand-driven changes arising from population aging and how they affect the pattern of international trade as well as trade and immigration policy. An aging society can see a welfare-reducing reduction in its share of manufacturing output and this reduction is...

We assess the role of child care in the welfare to work transition using an unusually large and comprehensive data base. Our data are for Massachusetts, a state that began welfare reform in 1995 under a federal waiver, for the period July 1996 through August 1997. We find that both the nature of...

This article provides a case study on joint production technologies in the market for blood products. The discussion and analysis are motivated by a patent for a plasma-scrubbing technology, acquired solely by the Red Cross. This example of joint production is used to illustrate questions...

Recently, attention has moved away from using parental background variables, such as parental education, in favour of using institutional features of the education system as instruments when estimating the return to schooling. In this paper, these possible instruments are revisited. Using the...