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Abstract
To be given at a meeting of professional economists, the subject of this paper implies (1) a gap between the subject matter and emphasis of current research, (2) a lack of communications between those doing research and those in industry who are impatient for answers to constantly changing problems, or (3) both. And, while the nature of institutional research and the nature of economics training have been perennial themes of industry sessions at these meetings, increasingly there are similar challenges coming from professionals in academia and government.