This paper presents a comparative analysis of productivity growth in the U.S. and Japanese electrical machinery industries in the postwar period. This industry has experienced rapid growth in output and productivity and high rates of capital formation in both countries. A substantial amount of...

The U.S. both tolerates more inequality than Europe and believes its economic mobility is greater than Europe's. These attitudes and beliefs help account for differences in the magnitude of redistribution through taxation and social welfare spending. In fact, the U.S. and Europe had roughly...

Immigrants who arrived in the U.S. before the Civil War were less likely to reside in locations with high immigrant concentrations as their time in the U.S. increased. This is contrary to the experience of recent immigrants who show no decrease in concentration after arrival. The reduced...