20. Ibid,
21. Rassekh, «The Role of International Trade,» p. 1.
22. Economic Report of the President 1995, p. 279.
23. Economic Policy Institute, Declining American Incomes and Living Standards (Washington, D. C.: U. S. Government Printing Office, 1994), p. 12.
24. Laura D'Andrea Tyson, William T, Dickens, and John Zysman, The Dynamics of Trade and Employment (Cambridge, Mass.: Ballinger, 1988), p. 102.
25. U. S. Bureau of the Census, Current Population Reports, Consumer Income, Series P-60 (Washington, D. C.: U. S, Government Printing Office, 1973, 1993), pp. 119, 144.
26. Robert H. Topel, «Regional Labor Markets and the Determination of Wage Inequality,» American Economic Review, May 1994, p. 17.
27. Harold Lydall, A Theory of Income Distnbution (Oxford, U. K.: Clarendon Press, 1979).
28. Lester C. Thurow, Generating Inequality (New York: Basic Books, 1974).
29. Michael Sattinger, «Assignment Models of the Distribution of Earnings,» Journal of Economic Literature, June 1993, p. 833.
30. Thurow, Generating Inequality.
31. Ibid.
32. Robert H. Frank, «Talent and the Winner-Take-All Society,» American Prospect, Spring 1994, p. 99.
33. Robert Taylor, «Decline in Worker Organization,» Financial Times, June 2, 1995, p. 8.
34. «Trade Unions: Adapt or Die,» The Economist, July 1, 1995, p. 60.
35. George J. Borjas and Valerie A. Ramey, Foreign Competition, Market Power and Wage Inequality: Theory and Evidence, Working Paper No. 4556 NBER, December
1993; Lawrence M. Kahn and Michael Curme, «Unions and Nonunion Wage Dispersion,» Review of Economics and Statistics, November 1987, p. 600.
36. Economic Policy Institute, Paying the Toll (Washington, D. C., 1994), p. 1.
37. «Nothing Could Be Finer,» The Economist, November 19, 1994, p. 77.
38. Ibid.
39. Economic Policy Institute, Paying the Toll, p. 1.
1. Jeffrey С. Fuhrer, ed., Goals, Guidelines, and Constraints Facing Monetary Policy-makers (Boston: Federal Reserve Bank of Boston, June 1994).
2. Robert Hershey, Jr., «Federal Reserve Raises Its Rates 7th Time in a Year,» New York Times, February 2, 1995, p. 1.
3. «Economy Expanded As Inflation Fell,» New York Times, October 23, 1995, p. 34.
4. Louis Uchitelle, «Labor Costs Show Small Increase,» New York Times, January 2, 1995, p. Dl; «Core U. S. Inflation Lowest Since 1965,» International Herald Tribune, January 12, 1995, p. 5; «OECD: No Inflation Problem Seen in 1995,» International Herald Tribune, December 21, 1994, p. 1.
5. Joshua Ogawa, «Wholesale Prices Estimated to Have Kept Falling,» Nikkei Weekly, June 12, 1995, p. 3.
6. Robert D. Herse, Jr., «Statistics Never Lie, but They Increasingly Mislead in America,» International Herald Tribune, January 17, 1995, p. 17.
7. Mark K. Sherwood, «Difficulties in the Measurement of Service Outputs,» Monthly Labor Review, March 1994, p. 1.
