I wrote, >well as level). IN HER EXECUTIVE SUMMARY, Baran simply stated that "Most of >the evidence, however, concludes that adverse employment effects do not >persist in the long run." Technically, her statement is correct because most >of the studies surveyed were old and ignored the structure of the payroll >taxes. Pardon me. I was being too generous. Technically Baran's statement was NOT correct because there was NO CONSENSUS among the earlier empirical studies and Hamermesh had instead decided on the basis of his "robust theoretical model", and not "the evidence", that the adverse employment effects must not persist in the long run. Tom Walker http://www.vcn.bc.ca/timework/
