The Region

June 2010 Issue

Top of the Ninth


Research Digest

A new <em>Region</em> feature that provides summaries of recent papers.<br>

  • Taxes, Wages and Human Capital
    Progressive tax policies decrease before-tax wage inequality, suggests research by Fatih Guvenen and colleagues, by diminishing motivation to acquire higher education and job skills [PDF]
  • The Bitter Effect of Cartels
    In a case study of the U.S. sugar industry, James Schmitz and co-authors demonstrate that cartels can lead to big reductions in productivity [PDF]

Book Reviews

Virtual Fed