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The NBER Digest: July 2007 Issue

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Abstract:

The following articles appear in this issue:

* What Drives the Political Slant of Daily Newspapers? * The Effect of Congressional Majorities on Financial Variables * The Declining Gain from International Portfolio Diversification * The Return to Capital in China

The Digest is a monthly publication that summarizes at least four recent and newsworthy NBER Working Papers. Professional journalists write these summaries for a non-technical audience. The Bureau sends nearly 12,000 copies of the Digest each month to readers in government, business, universities, and the media. The NBER Digest is available in hard copy to the general public upon request.