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The NBER Digest: August 2003 Issue

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The following articles appear in this issue:

* Labor Dispute Caused Poor Quality Products * Student Aid Packages and College Choices * Big Firms Lose Value in Acquisitions * Responses to Health Insurance Premium Increases * Capital Account Liberalization, The Cost of Capital, and Economic Growth * Teacher Certification Raises Salaries but not Quality

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.