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Argues that Blacks have begun to receive monetary benefits from education commensurate with those of Whites and that the gap has narrowed because of the relative upgrading of educational quality for Blacks. Available from American Economic Review, 1313 21st Avenue So., Suite 809, Nashville, TN 37212. (Author/IRT)

Examines the methodology used by the authors of the article immediately preceding this one. Questions both the use of expenditure per student as a measure of educational quality and the cohort effect's influence on the differences in the wage earnings of Blacks and Whites. Available from American Economic Review, 1313 21st Avenue So., Suite 809, Nashville, TN 37212. (IRT)

A model analyzing the relationships among housing values, property taxation, local services, residential mobility, voting patterns, and local government policies leads to the conclusion that changes in intergovernmental grants, rather than tax limitations, may solve current problems in housing and services use. Availablility: Secretary, 1313 21st Ave. S., Suite 809, Nashville, TN 37212. (RW)

The main thesis of this paper is that measured unemployment bears a different relationship to real excess labor supply in the 1970s than it did in the 1960s. This thesis is used to explain the increase in measured unemployment in the Netherlands, Sweden, the United Kingdom, and the United States. (Author/EB)