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The NBER Digest: March 2005 Issue

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The following articles appear in this issue:

* Can Mutual Fund Managers Pick Stocks? * Do Real Estate Agents Exploit their Information Advantage? * Does Prekindergarten Improve School Preparation and Performance? * Is Segregation in Southern Schools Increasing? * Corporate Governance, Economic Entrenchment, and Growth * Does International Food Aid Harm the Poor?

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.