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Report Vol. 17, No. 2 | April 2007

Report April 2007

Who's really at the top of the economic ladder? A new Levy Institute Measure of Economic Well-Being report by Senior Scholars Edward N. Wolff and Ajit Zacharias examines how comparisons of economic well-being are affected by the inclusion of an accurate measure of well-being derived from wealth.

Contents:

NEW LEVY INSTITUTE MEASURE OF ECONOMIC WELL-BEING REPORT

  • Wealth and Economic Inequality: Who’s at the Top of the Economic Ladder?

NEW POLICY NOTE

  • The April AMT Shock: Tax Reform Advice for the New Majority

NEW PUBLIC POLICY BRIEFS

  • Maastricht 2042 and the Fate of Europe: Toward Convergence and Full Employment
  • US Household Deficit Spending: A Rendezvous with Reality
  • The Economics of Outsourcing: How Should Policy Respond?

NEW WORKING PAPERS

  • Methodology and Microeconomics in the Early Work of Hyman P. Minsky
  • An Inquiry into the Nature of Money: An Alternative to the Functional Approach
  • Net Intergenerational Transfers from an Increase in Social Security Benefits
  • Fisher’s Theory of Interest Rates and the Notion of “Real”: A Critique
  • Expensive Living: The Greek Experience under the Euro
  • The Balance Sheet Approach to Financial Crises in Emerging Markets
  • Global Imbalances, Bretton Woods II, and Euroland’s Role in All This
  • Class Structure and Economic Inequality
  • Demand Constraints and Big Government
  • Fixed and Flexible Exchange Rates and Currency Sovereignty
  • Productivity, Technical Efficiency, and Farm Size in Paraguayan Agriculture
  • Land Rental and Sales Markets in Paraguay

LEVY INSTITUTE NEWS

  • New Senior Scholars
  • New Research Scholar
  • New Editor

PUBLICATIONS AND PRESENTATIONS

  • Publications and Presentations by Levy Institute Scholars
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