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The NBER Digest: May 2005 Issue

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Abstract:

The following articles appear in this issue:

* Does Poverty Cause Terrorism? * CEO Overconfidence, Corporate Investment, and the Market's Reaction * Do Federal Government Trust Funds Raise National Saving? * How Insurance Affects Hospital Care of Accident Victims * The Effect of Price Controls on Pharmaceutical Research * Smoking, Drinking, and Drug Use Respond to Price Changes

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.