An interesting discussion on the issue:

http://www.pbs.org/thinktank/transcript306.html

It includes (Nobel winner) Jim Heckman of Chicago. Some of the participants
do actually question the Dallas FRB's interpretation of the University of
Michigan data, which, BTW, you can find here:

http://www.isr.umich.edu/src/psid/

A link to the Dallas FRB perspective:

http://www.dallasfed.org/htm/pubs/annual/arpt95.html

Regards,
Chirag

----- Original Message -----
From: <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Cc: <[EMAIL PROTECTED]>
Sent: Tuesday, April 16, 2002 5:56 PM
Subject: Re: Income mobility in the US


> The Cox and Alm book is based on studies from the Dallas FED, and they
> get their data to a large degree the University of Michigan Panel data
> which has been tracking income mobility.
>
> So I think the skeptics will have a hard time dismissing the book as
> based on weak data, etc.
>
>
> Prof. Peter J. Boettke, Deputy Director
> James M. Buchanan Center for Political Economy
> Department of Economics, MSN 3G4
> George Mason University
> Fairfax, VA 22030
> Phone: 703-993-1149
> FAX: 703-993-1133
> Email: [EMAIL PROTECTED]
> HomePage: http://www.gmu.edu/departments/economics/pboettke
>
> Editor, THE REVIEW OF AUSTRIAN ECONOMICS
>
>
>

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