An analysis of whether the economic downturn that began in mid-1990 hit white-collar workers disproportionately hard. The authors examine the issue from several perspectives and find overwhelming evidence to the contrary.

An examination of the effect of mergers and acquisitions on the Fourth Federal Reserve District economy during the past three decades, using data from 37 companies in Cleveland, Cincinnati, and Pittsburgh.

An analysis of the role of employers in wage-setting across three Fourth Federal Reserve District labor markets--Cleveland, Cincinnati, and Pittsburgh--during the years 1955-1988.

A discussion of how wages have remained stable in the current expansion, resulting from changes in the industrial composition of employment and a more flexible process of labor.

A market-based approach to understanding the widening income gap between college graduates and less-educated workers in the 1980s--a phenomenon that reflects the changes fueled by foreign competition and by technological advances--and an analysis of the far-reaching implications of continued...

A look at how the dwindling manufacturing base in the Midwest's 10 major metropolitan areas has transformed them into service centers for their surrounding communities, which have picked up many of the factory jobs that have left the cities.

An analysis of how implementing a flat tax on income and ending the deductibility of mortgage interest payments would affect housing prices. The authors show that, to the extent prices decline, higher-income households would bear most of the impact, but increases in the value of their other...