This book discusses the causes and impact of global skill shortages, focusing on data from skill shortages measured in the period 1995-1998 in 19 developed and emerging economies. Chapter one contains a brief introduction. Chapter two is a review of theoretical literature on skill shortages, including static and dynamic shortages, efficiency wage…

The changing characteristics of past, present, and future U.S. medical students are examined, and suggestions are offered for the selection and education of future medical students. In addition to summarizing historical events from 1930 to 1982, the future characteristics of medical students through the year 2000 are addressed, based on the…

The impact of the Earned Income Tax Credit (EITC) on working families was analyzed. The analysis established that the EITC is, on balance, a highly effective program that meets its primary objectives well. The following benefits of the EITC were identified: (1) it reduced the poverty rate in 1999 by an estimated 1.5 percentage points; (2) it is…

Data from the U.S. Census and more limited surveys aimed at specific artist occupations were used to profile the employment and earnings of four groups of artists in 1970-1990: authors, artists who work with their hands, performing artists, and architects and designers. The following items were examined: evidence of multiple job holding;…

The education-to-labor market transitions experienced by young people in England and in eastern and western Germany were compared. The eastern German portion of the study was based on a 1996 study that included a survey of 100 trainers and 1,000 apprentices in 12 companies; in-depth interviews with 18 trainers, career advisers, and others; and…