Provides statistical evidence suggesting that U.S. college and university managers (presidents) pursue goals consistent with economic theory in the context of firm ownership. Managers' tenure differs according to firms' organizational structure. Public institutions' nontransferable property rights reduce incentives to detect managerial…

Reports on a study of Black and White male workers aged 32 or less, who had established their own residences and had worked full time for 10 years or less. The study explored the relationships among such variables as parental income, educational background, job tenure, and workers' earnings. (PGD)