Despite ongoing structural reforms, many European countries continue to suffer high rates of unemployment relative to the United States. The authors argue that reported unemployment statistics for both the EU-15 countries and the United States understate the degree of unemployment. Their work is...

The authors of this article review the late E. Lynn Turgeon's contributions to economics, including his studies of the Soviet economy, use of qualitative and demographic analyses, his Keynesian critique of U.S. economic performance, and his critique of international financial markets. Turgeon's...

We estimate a model of crime using panel data for the U.S. We focus on the role of labor markets, income distribution, and demographics on property crime. We find strong evidence that favorable labor market conditions have a significant negative effect on property crime. We further test this...