By 1992, pensions and retiree health insurance represented one quarter of the wealth of families on the verge of retirement. Between 1969 and 1992, abstracting from the effects of changes in wages and years of covered work on pension benefit amounts, changes in pension coverage and plan...

This article specifies a two-equation model determining jointly two endogenous variables, public school expenditures per student and public school enrollment per capita, as functions of 16 exogenous variables, and estimates them for a sample of 79 urban areas using two-stage least squares....