The handbook of economic and financial measures Essay

The editors of this handbook seek to close an information gap theyperceive between increasing sophistication of economic and financialreporting on the one hand and the lack of commonly understooddefinitions of economic and financial concepts on the other. They askedprofessionals from Government agencies, academia, and the private sectorto define and explain 21 measures of economic and financial activity,from gross national product to consumer confidence and from monetaryaggregates to interest rates. Included in the volume are comprehensive discussions of”Unemployment and Associated Measures,” by Commissioner ofLabor Statistics Janet L. Norwood; “Measures of Recession andExpansion,” by Geoffrey H. Moore, a former Commissioner of LaborStatistics, now at Columbia University; and of “Measures ofInflation,” by Joel Popkin of Joel Popkin and Co., former assistantBLS commissioner in charge of price programs.

The book includes both subject and author indexes. Publicationsreceived Economic and social statistics Ahrne, Goran and Erik Olin Wright, Classes in the United States andSweden: A Comparison, Reprinted from Acta Sociologica, Vol. 26, Nos.3-4, 1983, pp. 211-35. Madison, WI, University of Wisconsin, Institutefor Research on Poverty, 1984. (IRP) Reprint Series, 483.) Lazear, Edward P.

, Raids and Offer-Matching. Cambridge, MA,National Bureau of Economic Research, Inc., 1984, 37 pp. (NBER WorkingPaper Series, 1419.) $1.50, paper. Menchik, Paul L.

and Martin David, Income Distribution, LifetimeSavings, and Bequests. Reprinted from the American Economic Review,September 1983, pp. 672-90. Madison, WI, University of Wisconsin,Institute for Research on Poverty, 1984. (IRP Series, 480.

) Moffitt, Robert, An Economic Model of Welfare Stigma. Reprintedfrom the American Economic Review, December 1983, pp. 1023-35.

Madison,WI, University of Wisconsin, Institute for Research on Poverty, 1984.(IRP Reprint Series, 482.) Sorensen, Aage B., Processes of Allocation to Open and ClosedPositions in Social Structure. Reprinted from Zeitschrift furSoziologie, July 1983, pp.

203-24. Madison, WI, University ofWisconsin, Institute for Research on Poverty, 1984. (IRP Series, 485.) Vetter, Betty M. and Eleanor L. Babco, Professional Women andMinorities: A Manpower Data Resource Service. 5th ed.

Washington,Scientific Manpower Commission, 1984, 280 pp. $70, paper. Zarozny, Sharon and Monica Horner, The Federal Data Base Finder.Potomac, MD, Information USA, Inc.

, 1984, 368 pp. $95. Economic growthand development Austen, A. D. and R. H. Neale, eds.

, Managing ConstructionProjects: A Guide to Processes and Procedures. Geneva, InternationalLabour Organization, 1984, 158 pp., bibliography. Available in theUnited States from the Washington Branch of ILO.

Frisch, Helmut, Theories of Inflation. New York, CambridgeUniversity Press, 1983, 262 pp., bibliography. $39.50, cloth; $12.50,paper. Meier, Gerald M.

, Emerging From Poverty: The Economics That ReallyMatters. New York, Oxford University Press, 1984, 258 pp. $29.

95.Education National Academy of Sciences, High Schools and the ChangingWorkplace: The Employers’ View. Washington, National Academy ofSciences, 1984, 50 pp. $5.25, single copy, paper, National AcademyPress, Washington 20418. National Education Association, Today’s Education, 1984-85Annual Edition, The Journal of the National Education Association.

Washington, 1984, 184 pp. Weiss, Andrew, Testing the Sorting Model of Education. Cambridge,MA, National Burea of Economic Research. Inc., 1984, 51 pp. (NBERWorking Paper Series, 1420.) $1.

50. Health and safety Christoffel, Tom, “Using Roadblocks to Reduce Drunk Driving:Public Health or Law and Order?” American Journal of PublicHealth, September 1984, pp. 1028-30. Torrens, Ian M., “What Goes Up Must Come Down: The Acid RainProblem,” The OECD Observer, July 1984, pp. 9-15. U.

S. Bureau of Labor Statistics, Evaluating Your Firm’sInjury and Illness Record: 1982, Manufacturing Industries. Prepared byIlma Rosskopf. Washington, 1984, 29 pp. (Report 706.) Industrialrelations Aboud, Antone, ed.

, Plant Closing Legislation. Ithaca, NY, CornellUniversity, New York State School of Industrial and Labor Relations,1984, 60 pp. (key Issues, 27).) $6, ILR Press, Ithaca, NY. Briggs, Steven, The Municipal Grievance Process. Los Angeles, CA,University of California, Institute of Industrial Relations, 1984, 185pp.

, bibliography. (Monograph and Research Series, 36.) Bussey, Ellen M., ed., Federal Civil Service Law and Procedures: ABasic Guide. Washington, The Bureau of National Affairs, Inc., 1984,348 pp.

$25, BNA Books, Distribution Center, 9435 Key West Avenue,Rockville, MD, 20850-3397. Clarke, Oliver, “Collective Bargaining and the EconomicRecovery,” The OECD Observer, July 1984, pp. 19-22. Ferman, Luis A., ed., The Future of American Unionism: “TradeUnionism from Roosevelt to Reagan,” by Jack Barbash; “TheFuture Demographics of American Unionism,” by Markley Roberts;”Collective Bargaining: The Next Twenty Years,” by Doris B.McLaughlin in consultation with Douglas A.

Fraser; “Labor andPolitics in the 1980s,” by Charles M. Rehmus; “The Future ofAmerican Unionism: A Comparative Perspective,” by Everett M.Kassalow; “The Changing of the Guard: The New American LaborLeader,” by Arthur R. Schwartz and Michele M. Hoyman;”Labor-Management Cooperation in American Communities: Whaths In Itfor the Unions?” by Joel Cutcher-Gershenfeld; “Work PlaceDemocracy and Quality of Work Life: Problems and Prospects,” by HyKornbluh; “Union Organizing: New Challenges and Prospects,” byAlan Kistler, “Changing Concepts of Worker Rights in the WorkPlace,” by Theodore J. St.

Antoine; “The Changing WorkPlace,” by Sar A. Levitan and Clifford M. Johnson; “EmployeeOwnership and the Future of Unions,” by William Foote Whyte andJoseph R. Blasi; “New Directions for American Unionism,” byRudy Oswald; “Trade Unions and Productivity; Some New Evidence onan Old Issue,” by Richard B. Freeman and James L. Medoff; “ALook Ahead at Public Employee Unionism,” by James L. Stern;”Will the New Industrial Relations Last? Implications for theAmerican Labor Movement,” by Thomas A. Kochan and Michael J.

Piore,The Annals of the American Academy of Political and Social Science, May1984, p. 11-189. Hanami, Tadashi and Roger Blanpain, eds, Industrial ConflictResolution in Market Economies: A Study of Australia, the FederalRepublic of Germany, Italy, Japan, and the USA.

Deventer, TheNetherlands, Kluwer Law and Taxation Publishers, 1984, 321 pp. $50,paper. Kluwer Law and Taxation Publishers, Higham, MA. Hanson, Charles and Paul Rathkey, “Industrial Democracy: APost-Bullock Shopfloor View,” British Journal of IndustrialRelations, July 1984, pp. 154-68.

Industrial Relations Research Association, Proceedings of the 1984Spring Meeting of the Industrial Relations Research Association, heldMay 2-4, 1984 in Cleveland, Ohio. Edited by Barbara D. Dennis.

Madison,WI, University of Wisconsin, Industrial Relations Research Association,1984, 70 pp. Katz, Harry C., “The U.S. Automobile Collective BargainingSystem in Transition,” British Journal of Industrial Relations,July 1984, pp. 205-17. Kelly, James, “Management Strategy and the Reform ofCollective Bargaining: Cases from the British Steel Corporation,”British Journal of Industrial Relations, July 1984, pp. 135-53.

Narad, Susan, “Labor Woos Women,” Dun’s BusinessMonth, September 1984, beginning on p. 83. Papademetriou, Demetrois G. and Mark J. Miller, eds., TheUnavoidable Issue: U.S. Immigration Policy in the 1980s.

Philadelphia,PA, Institute for the Study of Human Issues, 1983, 305 pp. Perry, Charles R., Collective Bargaining and the Decline of theUnited Mine Workers. Philadelphia, PA, University of Pennsylvania, TheWharton School, Industrial Research Unit, 1984, 273 pp. (MajorIndustrial Research Unit Studies, 60.) $30.

Swabe, A. I. R. and Patricia Price, “Building a PermanentAssociation? The Development of Staff Associations in the BuildingSocieties,” British Journal of Industrial Relations, July 1984, pp.195-204.

“The Status of Statutes Containing Legislative Veto ProvisionsAfter Chadha–Does the EEOC Have the Authority to Enforce the Equal PayAct and the Age Discrimination in Employment Act?” Washington LawReview, July 1984. pp. 549-64. U.S. Department of Labor, A Conference on Quality of Work Life:Issues Affecting the State-of-the-Art. Washington, U.S.

Department ofLabor, Office of Labor-Management Relations Services, 1984, 32 pp. –A Working Woman’s Guide to Her Job Rights. Washington, U.S.Department of Labor, Women’s Bureau, 1984, 56 pp. (Leaflet 55.

)Stock No. 029-002-0069-0. $2.25, Superintendent of Documents,Washington 20402. Industry and government organization Altshuler, Alan and others, The Future of the Automobile: TheReport of MIT’s International Automobile Program. Cambridge, MA,The MIT Press, 1984, 321 pp.

$16.95. Allman, Dale N., “The 1978-83 Increase in U.

S. BusinessFailures,” Economic Review, Federal Reserve Bank of Kansas City,July-August 2984, pp. 32-38. International economics Haley, John O.

, “Antitrust Sanctions and Remedies: AComparative Study of German and Japanese Law,” Washington LawReview, July 1984, pp. 471-508. “Ministers Discuss Trade, Finance and Economic Recovery,” The OECD Observer, July 1984, pp. 3-8. Tokyo Metropolitan Government, Long-Term Plan for Tokyo Metropolis:”My Town Tokyo”–Heading into the 21st Century. Tokyo, Japan,1984, 279 pp. (TMG Municipal Library, 18.) Labor and economic history Barkan, Joanne, Visions of Emancipation: The Italian Workers’Movement Since 1945.

New York, Praeger Publishers, 1984, 265 pp.$24.95.

“Canada,” Current History, May 1984, pp 193-233. Rockoff, Hugh, Drastic Measures: A History of Wage and PriceControls in the United States. New York, Cambridge University Press,1984, 289 pp., bibliography.

Labor force Dooley, Martin D. and Peter Gottschalk, Earnings Inequality amongMales in the United States: Trends and the Effect of Labor Force Growth.Reprinted from the Journal of Political Economy, Vol. 92, No. 1, pp.59-89. Madison, WI, University of Wisconsin, Institute for Research onPoverty, 1984.

(IRP Reprint Series, 481.) Holzer, Harry J., On the Rationality of Black Youth Unemployement.

Cambridge, MA, National Bureau of Economic Research, Inc., 1984, 18 pp.(NBER Working Paper Series, 1411.

) $1.50, paper. Mare, Robert D. And Christopher Winship, The Paradox of LesseningRacial Inequality and Joblessness among Black Youth: Enrollment,Enlistment, and Employment, 1964-1981.

Reprinted from the AmericanSociological Review, February 1984, pp. 39-55. Madison, WI, Universityof Wisconsin, Institute for Research on Poverty, 1984. (IRP ReprintSeries, 484.) National Council on Employment Policy, Investing America’sFuture.

Washington, 1984, 42 pp. Sorensen, Aage, Sociological Research on the Labor Market:Conceptual and Methodological Issues. Reprinted from Work andOccupations, Vol. 10, No.

3, 1983, pp. 261-87. Madison, WI,University of Wisconsin, Institute for Research on Poverty, 1984. (IRPReprint Series, 486.

) U.S. Bureau of Labor Statistics, Employment in Perspective:Minority Workers. Washington, 1984, 4 pp. (Report 712.) Work in American Institute, Inc., A Work in America InstituteReport, 1984-85. Scarsdale, NY, 1984, 23 pp.

Management andorganization theory Bromage, Mary C., Writing Audit Reports. 2d ed. New York,McGraw-hill Book Co., 1984, 213 pp. $29.

95. Gunn, Christopher Eaton, Workers’ Self-Management in theUnited States. Ithaca, NY, Cornell University Press, 1984, 251 pp.,bibliography. $25.

Winkler, John, Bargaining for Results, New York, Facts on FilePublications, 1984 194 pp. $16.95. Monetary and fiscal policy Black, Robert P.

, “The Fed’s Mandate: Help orHindrance?” Economic Review, Federal Reserve Bank of Richmond,July-August 1984, pp. 3-7. McCarthy, F. Ward, Jr.

, “A Review of Bank Performance in theFifth District, 1983,” Economic review, Federal Reserve Bank ofRichmond, July-August 1984, pp. 21-29. Mehra, Yash, “The Tax Effect, and Recent Behavior of the AfterTax Rate: Is it too High?” Economic Review, Federal reserve Bankof Richmond, July-August 1984, pp. 8-20. Welfare programs and socialinsurance Berlin, Sharon B, and Linda E.

Jones, Life After Welfare: AFDC Termination Among Long-Term Recipients. Reprinted from Social ServiceReview, September 1983, pp. 378-402. Madison, WI, University ofWisconsin, Institute for Research on Poverty, 1984. (IRP Reprint Series,478.

) Danziger, Sheldon and Peter Gottschalk, The Measurement of Poverty:Implications for Antipoverty Policy. Reprinted from American BehavioralScientist, July-August 1983, pp. 739-56.

Madison, WI, University ofWisconsin, Institute for Research on Poverty, 1984. (IRP Reprint Series,476.) Employee Benefit Research Institute, “The World of PensionsTen Years after ERISA,” EBRI Issue Brief, Employee Benefit ResearchResearch Institute, September 1984, pp. 1-22. Haveman, Robert A. and Barbara L.

Wolfe, Disability and WorkEffort: A Probabilistic Choice Analysis of the Labor Supply Decisions ofOlder Men. Reprinted from Social Insurance, Lars Soderstrom, ed., pp.187-205. Madison, WI, University of Wisconsin, Institute for Researchon Poverty, 1984. (IRP Reprint Series, 479.) Warlick, Jennifer, Aged Women: A Problem Without a Solution?Reprinted from Aging and Public Policy: The Politics of Growing Old inAmerica, William P.

Brown and Laura Katz Olsen, eds. Madison, WI,University of Wisconsin, Institute for Research on Poverty, 1984. (IRPReprint Series. 477.)

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