This Issue Brief was prepared for The Commonwealth Fund/John F. Kennedy School of Government Bipartisan Congressional Health Policy Conference, January 15-17, 2004.

An engineering control approach is developed for the movement of attention, based on several features: experimental data indicating separate sites for attention modulation and for the creation of that modulation; the resulting analogy with motor control, to which an engineering approach has been applied; simulation and qualitative results supporting the presence of several of the necessary modu...

Abstract We investigate the wage, employment, and reallocation effects of introduction a nationwide minimum wage in Germany that affected 15% all employees. Based on identification designs exploit variation exposure across individuals local areas, we find raised wages but did not lower employment. It also led to low-wage workers from smaller larger, lower- higher-paying, less more productive es...

Considerable controversy surrounds the measurement of profit in company accounts. Continuous inflation has underlined some of the problems involved. Current accounting practice in the United Kingdom and Ireland also obscures the amount of direct tax that companies pay. Kay and King (1980, p. 193) comment that the "effect of this accounting practice is that many companies, especially in manufact...