ment of Labor. His research has involved labor and public economics, with strong emphasis on the economics of retirement, pensions, and Social Security. He serves on the Steering Committee of the Health and Retirement Survey and on the Technical Advisory Panel of the National Longitudinal Survey. He received a Ph.D. degree in economics from the University of Michigan.

F. THOMAS JUSTER is a research scientist at the Survey Research Center and professor of economics at the University of Michigan, Ann Arbor. His research includes the design of economic and social accounting systems, the analysis of saving and wealth accumulation patterns among U.S. households, the analysis of time allocation among households, and the development of measures of economic well-being. He has served on a number of National Research Council committees and chaired the Committee on the Supply and Demand for Mathematics and Science Teachers. He is a fellow of the American Statistical Association and chaired its Committee on the Quality of Economic Data. He is also a fellow of the National Association of Business Economists. He received a B.S. degree in education from Rutgers University and a Ph.D. degree in economics from Columbia University.

RONALD D. LEE is professor of demography and economics and chair of the Department of Demography at the University of California, Berkeley. He also currently serves as the director of the Center for the Demography and Economics of Aging and as a member of the neuroscience, behavior, and sociology of aging subcommittee of the National Institute on Aging of the National Institutes of Health. His research focuses on demography and population studies, particularly from an economic point of view. A member of the National Academy of Sciences and chair of the Committee on Population, he has worked on many panels, currently serving on the Panel on Demographic and Economic Impacts of Immigration. He is a past president of the Population Association of America. He received a master's degree in demography from the University of California at Berkeley and a Ph.D. degree in economics from Harvard University.

ROBIN L. LUMSDAINE is an assistant professor of economics at Princeton University and a faculty research fellow at the National Bureau of Economic Research. Her research is in the areas of time-series econometrics and the economics of aging. In 1996–1997 she will be a national fellow at the Hoover Institution at Stanford University. Previously, she was a visiting scholar at Northwestern University, the Federal Reserve Board of Governors, and the International Monetary Fund. She is an associate editor for The Journal of Business and Economic Statistics. She received a Ph.D. degree in economics from Harvard University.

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