FrontMatter -- Contents -- Preface -- I PROCEEDINGS -- Introductory Remarks--Dale W. Jorgenson -- Panel I : Performance Measurement and Current Trends -- Panel II: Computer Hardware and Components -- Panel III: Peripherals: Current Technology Trends -- Panel IV: Peripherals: Current Technology...

This article presents social cost-of-living indexes constructed from an econometric model of aggregate consumer behavior. The econometric price index has the same average inflation rate as a Tornqvist price index over the period 1947-95 but rises less rapidly after 1973. Group cost-of-living...

The purpose of this paper is to measure the impact of investment in education on U.S. economic growth. Education is treated as an investment in human capital, since benefits accrue to an educated individual over a lifetime of activities. One of the most important benefits is higher income from...