NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The NBER Reporter 2009 Number 2: Bureau Books

The following volumes may be ordered directly from the University of Chicago Press Distribution Center, at
Telephone:1-800-621-2736
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For more information on ordering and electronic distribution, see
http://www.press.uchicago.edu/Misc/Chicago/infopage.html

Social Security Policy in a Changing Environment

Social Security Policy in a Changing Environment, edited by Jeffrey R. Brown, Jeffrey B. Liebman, and David A. Wise, is now available from the University of Chicago Press. The price of the volume is $110.00.

In this NBER Conference Volume, an esteemed group of academic economists analyze how a changing economic and demographic environment will influence the social insurance programs that benefit elderly households. They also explore how these ongoing trends will affect future beneficiaries, under both the current Social Security program and potential reform options. The researchers examine trends in private sector retirement saving and health care costs, as well as the uncertain nature of future demographic, economic, and social trends—including marriage and divorce rates and female participation in the labor force. Recognizing the ambiguity of the environment in which the Social Security system must operate and evolve, this landmark book explores factors that policymakers must consider in designing policies that are resilient enough to survive in an economically and demographically uncertain society.

Jeffrey R. Brown and David A. Wise are NBER Research Associates in the Program on Aging, which Wise directs. Brown is also a Professor of Finance at the University of Illinois, Champaign-Urbana. Wise is the John F. Stambaugh Professor of Political Economy at Harvard University’s Kennedy School. Liebman is the Executive Associate Director of the Office of Management and Budget and is on leave from the NBER. He was the Malcolm Wiener Professor of Public Policy at the Kennedy School.

International Trade in Services and Intangibles in the Era of Globalization

International Trade in Services and Intangibles in the Era of Globalization, edited by Marshall Reinsdorf and Matthew J. Slaughter, is available from the University of Chicago Press for $99.00.

Historically, quantitative measures of international exchange have focused on trade in tangible products or capital. However, services recently have become a larger portion of developed economies and international trade, and this trend likely will only increase in the future. This volume, one of NBER’s Studies in Income and Wealth, examines new and emerging patterns of trade, especially the growing importance of transactions involving services or intangible assets such as intellectual property. A distinguished team of contributors analyzes the challenges involved in measuring trade in intangibles; the comparative advantages enjoyed by U.S. service industries; and the heightened international competition for jobs, capital investment, economic growth, and tax revenue that results from trade in services. This comprehensive volume will be required reading for scholars seeking to understand the rapidly changing global economy.

Reinsdorf is an economist with the U.S. Bureau of Economic Analysis. Slaughter is a Research Associate in the NBER’s Program on International Trade and Investment and a Professor of International Economics at the Tuck School of Business at Dartmouth.

Innovation Policy and the Economy, Volume 9

Innovation Policy and the Economy, Volume 9, edited by Josh Lerner and Scott Stern, is available from the University of Chicago Press. This is the most recent in an annual series, reporting on a conference that provides a forum for research on the interactions among public policy, the innovation process, and the economy. It is priced at $58.00.

Volume 9 topics include: Congressional R and D spending on the physical sciences; intellectual property as a bargaining environment; pricing patents; and market design and innovation.

Lerner and Stern are Research Associates in the NBER's Program on Productivity and Technological Change. Lerner is the Jacob H. Schiff Professor of Investment Banking at Harvard Business School. Stern is an Associate Professor of Management and Strategy at Northwestern University's Kellogg School of Management.

NBER Macroeconomics Annual 2008

NBER Macroeconomics Annual 2008, edited by Daron Acemoglu, Kenneth S. Rogoff, and Michael Woodford, is available from the University of Chicago Press for $90.00. This is the twenty-third conference volume in this series.

Among the topics discussed in this volume are: how the euro has changed monetary transmission; when improving health raises GDP; and, the role of technological progress in the formation of households as seen in trends in marriage and divorce since WWII. All three editors are NBER Research Associates in the Program on Economic Fluctuations and Growth. Acemoglu is at MIT, Rogoff at Harvard University, and Woodford at Columbia University.

NBER International Seminar on Macroeconomics 2008

NBER International Seminar on Macroeconomics 2008, edited by Jeffrey A. Frankel and Christopher Pissarides, is available from the University of Chicago Press for $90.00. This volume covers such topics as monetary policy in the open economy; exchange rate regimes and the extensive margin of trade; and plant-size distribution and cross-country income differences.

Frankel is an NBER Research Associate and the James W. Harpel Professor of Capital Formation and Growth at Harvard University. Pissarides is on the faculty of the London School of Economics.

Science and Engineering Careers in the United States: An Analysis of Markets and Employment

Science and Engineering Careers in the United States: An Analysis of Markets and Employment, edited by Richard B. Freeman and Daniel L. Goroff, will be available from the University of Chicago Press this summer. The price of this NBER Conference Report is $99.00.

At the beginning of this decade, there was an upsurge of national concern over the state of the science and engineering job market. This sparked a plethora of studies, commission reports, and a Presidential initiative, all stressing the importance of maintaining American competitiveness in these fields. However, this NBER volume marks the first major academic study probing the issues that underlie these concerns. It provides new information on the economics of the postgraduate science and engineering job market, addressing such topics as the factors that determine the supply of PhDs, the career paths they follow after graduation, and the creation and use of knowledge as it is reflected by the amount of papers and patents produced. A distinguished team of contributors also explores the tensions between industry and academe in recruiting graduates, the influx of foreign-born doctorates, and the success of female doctorates. Science and Engineering Careers in the United States will raise new questions about stimulating innovation and growth in the American economy.

Freeman directs NBER’s Program of Research on Labor Studies and holds the Herbert Ascherman Chair in Economics at Harvard University. Goroff is a Program Director at the Alfred P. Sloan Foundation, currently on leave from Harvey Mudd College in Claremont, California.

 
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