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This book's contributors assess the performance of economic forecasting methods, argue that data can be better exploited through model and forecast combination, and advocate for models that are adaptive and perform well in the presence of nonlinearity and structural change. The contributors are: Michael D. Bradley, Dean Croshure, Dennis W. Jansen, Kajal Lahiri, Tae-Hwy Lee, David E. Rapach, and H.O. Stekler.
Household Structure, Opportunities, and Outcomes among White and Minority Youth
Hill, Holzer, and Chen examine the effects of household structure on youth and young adults and how these effects might have contributed to the negative trends in outcomes observed for young minorities over time.
What Current Data Tell Us and Options for Improvement
U.S. government agencies compile a thorough set of statistics on populations defined by age, race, ethnicity, and marital status—but not by disability status. Therefore, working-age people with disabilities are often overlooked in discussions of the latest statistics on employment, income, poverty, and other measures of the status of a particular population. This book helps remedy this situation by providing a systematic review of what current statistics and data on working-age people with disabilities can and cannot tell us, and how the quality of the data can be improved to better inform policymakers, advocates, analysts, service providers, administrators, and others interested in this at-risk population.
Lessons from Michigan
The authors use Michigan as a laboratory to examine a set of commonly implemented reforms in an attempt to answer three key questions: 1) What is the nature of these reforms? 2) What do they hope to accomplish? and 3) How successful have they been?
Link and Scott provide a statistical assessment of the employment growth associated with public support of R&D in small, entrepreneurial firms through the Small Business Innovation Research (SBIR) program. While on the surface the SBIR program is generally intended to stimulate innovation leading to commercialization, and this is how government and scholars have historically judged the program, Link and Scott suggest that it may be assessed from a different perspective. To them, the extent to which long-term job creation results from public support of R&D should be evaluated.
America's Challenge in the Global Economy
"Timothy Bartik and Susan Houseman have assembled a first-rate team of economists to assess the problems of struggling workers. They offer cogent analyses of America's workplace problems. More important, they provide a timely set of prescriptions to address those problems. Many writers wring their hands at the challenges facing workers who are at the bottom of the pay ladder. The authors of this volume focus on the more difficult task of crafting humane but tough-minded solutions to the problem of shrinking wages." –Gary Burtless, The Brookings Institution
Is There a Need for Place-Based Policies?
Partridge and Rickman explore the wide geographic disparities in poverty across the United States. Their focus on the spatial dimensions of U.S. poverty reveals distinct differences across states, metropolitan areas, and counties and leads them to consider why antipoverty policies have succeeded in some places and failed in others.