A revised version of this paper is published in the Review of Radical Political Economics, September 2000

In Dymski, Gary, and Dorene Isenberg, eds., Housing Finance Futures: Housing Policies, Gender Inequality, and Financial Globalization on the Pacific Rim, M.E. Sharpe, Inc. 2000.

The economic case for trade liberalization rests on its capacity to extend the reach of the market's fabled invisible hand. With the globalization of the market, however, comes a globalization of market failures arising from the fact that prices do not to capture 'external' costs and benefits to...

Using cross country regressions, this paper constructs a novel distance-to-frontier metric for tracking broad socio-economic inequality (including access of the poor to health infrastructure) over time for individual countries. Given the unavailability of reliable and consistent direct measures...

Proposals exist to change public employees’ retirement benefits from defined benefit (DB) pensions. This could increase employee turnover and raise initial compensation. More experienced employees are replaced with less experienced ones, reducing effectiveness. But, new hires’ effectiveness...