population, and trends in the consumption of recreational goods. She is the author of numerous articles and a book, The Evolution of Retirement: An American Economic History 1880-1990.

David Cutler, is professor of economics at Harvard University, in the Economics Department and the Kennedy School of Government, and he is also research associate at the National Bureau of Economic Research. He received a B.A., summa cum laude, from Harvard College, and a Ph.D. in economics from at the Massachusetts Institute of Technology. His research is concentrated in health economics, including: measuring the health of the population and understanding how medical and nonmedical factors influence health. He is coeditor of the Journal of Health Economics, and associate editor of the Journal of Public Economics and the Journal of Economic Perspectives. He is an elected member of the Institute of Medicine. During 1993, he was on leave as senior staff economist at the Council of Economic Advisers and director of the National Economic Council. He has been a member of numerous commissions and advisory groups, including the Technical Panel on Social Security, and the Medicare Technical Advisory Panel.

Nancy Folbre, is a staff economist with the Center for Popular Economics. Her work focuses on the interface between feminist theory and political economy, with a particular interest in caring labor and other forms of nonmarket work. Her work overlaps the fields of economic history, development, and policy analysis, and touches on game-theoretic approaches to family decisionmaking. Her most recent academic book is Who Pays for the Kids? Gender and the Structures of Constraint. A recent recipient of a MacArthur Foundation Five-Year Fellowship, she also serves as cochair of the MacArthur Foundation Research Network on the Family and the Economy and is an associate editor Feminist Economics.

Barbara Fraumeni, is a professor of economics at Northeastern University, Boston. Her areas of interest are public economics, microeconomic theory, and industrial organization and regulation. She is currently on leave from Northeastern while serving as chief economist at the Bureau of Economic Analysis. She received her bachelor's degree from Wellesley College and her Ph.D. degree from Boston College.

Robert E. Hall, is an applied economist with interests in technology, competition, employment issues, and economic policy, in the aggregate economy and in particular markets. His current research focuses on levels of activity and stock-market valuations in market economies and on the economics of high technology, particularly the Internet. His books include Digital Dealing: How e-Markets Are Transforming the Economy, and The Flat Tax with Alvin Rabushka. He and Rabushka were recognized in Money magazine's Money Hall of Fame (1992) for their contributions to financial innovation over the past 20 years. He has advised a number of government agencies on national economic policy, including the Justice Department, the Treasury Department, and the Federal Reserve Board, and he served on the National Presidential Advisory Committee on Productivity. He also serves as director of the research program on economic fluctuations and growth of the National Bureau of Economic Research, and he chairs the Bureau's Committee on



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