American Economic Review
Vol. 89, No. 2, May 1999
Contents
In Defense of Inequality
Finis Welch 1-17
Fifty Years of U.S. Income Data from the Current
Population Survey: Alternatives, Trends, and Quality
Daniel H. Weinberg et al. 18-22
U.S. Wage-Inequality Trends and Recent Immigration
Robert I. Lerman 23-28
Some Income-Measurement Issues and Their Policy
Implications
John C. Weicher 29-33
Why Do Different Wage Series Tell Different Stories?
Katharine G. Abraham, James R. Spletzer and Jay C. Stewart 34-39
Economic Growth: How Good Can It Get?
Frank P. Stafford 40-44
Measuring Labor's Share
Alan B. Krueger 45-51
The NAIRU and Wages in Local Labor Markets
Robert M. Coen et al. 52-57
Does the NAIRU Have the Right Dynamics?
Ray C. Fair 58-62
Behind This Structural Boom: The Role of Asset Valuations
Edmund S. Phelps 63-68
Wage Dynamics: Reconciling Theory and Evidence
Olivier Blanchard and Lawrence F. Katz 69-74
Toward a General Theory of Wage and Price Rigidities
and Economic Fluctuations
Joseph E. Stiglitz 75-80
Price Dynamics and Production Lags
Assar Lindbeck and Dennis J. Snower 81-88
Firm-Size Wage Differentials in Switzerland: Evidence
from Job-Changers
Rudolf Winter-Ebmer and Josef Zweimuller 89-93
Productivity Differences across Employers: The Roles
of Employer Size, Age, and Human Capital
John C. Haltiwanger, Julia I. Lane and James R. Spletzer 94-98
Examining the Employer-Size Wage Premium in the
Manufacturing, Retail Trade, and Service Industries Using Employer-Employee
Matched Data
Kimberly Bayard and Kenneth R. Troske 99-103
Workers Are More Productive in Large Firms
Todd L. Idson and Walter Y. Oi 104-108
Information Technology and Growth
Dale W. Jorgenson and Kevin J. Stiroh 109-115
The Information-Technology Revolution and the Stock
Market
Jeremy Greenwood and Boyan Jovanovic 116-122
U.S. Economic Growth since 1870: One Big Wave?
Robert J. Gordon 123-128
Zipf's Law and the Growth of Cities
Xavier Gabaix 129-132
Productivity Growth and Factor Prices in East Asia
Chang-Tai Hsieh 133-138
Growth: With or Without Scale Effects?
Charles I. Jones 139-144
Population and Economic Growth
Gary S. Becker, Edward L. Glaeser and Kevin M. Murphy 145-149
From Malthusian Stagnation to Modern Growth
Oded Galor and David N. Weil 150-154
Income-Distribution Dynamics with Endogenous Fertility
Michael Kremer and Daniel Chen 155-160
Generational Accounting around the Globe
Laurence J. Kotlikoff and Bernd Raffelhuschen 161-166
Generational Accounting in Europe
Bernd Raffelhuschen 167-170
Lessons from Generational Accounting in Japan
Noriyuki Takayama and Yukinobu Kitamura 171-175
Analyzing the Fiscal Impact of U.S. Immigration
Alan J. Auerbach and Philip Oreopoulos 176-180
Are Immigrants Favorably Self-Selected?
Barry Chiswick 181-185
Immigrants and Human-Capital Investment
Harriet Orcutt Duleep and Mark C. Regets 186-191
Immigration Policy and Immigrant Quality: The Australian
Points System
Paul W. Miller 192-197
Women's Wages in Women's Work: A U.S./Canada Comparison
of the Roles of Unions and "Public Goods" Sector Jobs
Michael Baker and Nicole M. Fortin 198-203
Exchange Rates and Employment Instability: Evidence
from Matched CPS Data
Linda Goldberg, Joseph Tracy and Stephanie Aaronson 204-210
Employment and Retirement Following a Late-Career
Job Loss
Sewin Chan and Ann Huff Stevens 211-216
Medicare Reform: Obstacles and Options
Joseph R. Antos and Linda Bilheimer 217-221
Prefunding Medicare
Martin Feldstein 222-227
The Geography of Medicare
David M. Cutler and Louise Sheiner 228-233
Household Resource Allocation in Stepfamilies: Darwin
Reflects on the Plight of Cinderella
Anne Case, I-Fen Lin and Sara McLanahan 234-238
Parental Resources and Child Abuse and Neglect
Christina Paxson and Jane Waldfogel 239-244
Is the Impact of Health Shocks Cushioned by Socioeconomic
Status? The Case of Low Birthweight
Janet Currie and Rosemary Hyson 245-250
Population Growth, Dependency, and Consumption
David N. Weil 251-255
Fertility Decline in the Developed World: Where
Will It End?
John Bongaarts 256-260
U.S. Abortion Policy and Fertility
Jacob Alex Klerman 261-264
Measures of Agricultural Support Policies in Transition
Economies: 1994-1997
Alberto Valdes 265-270
Land Reform and Farm Restructuring: What Has Been
Accomplished to Date?
Zvi Lerman 271-275
Inside China's Cities: Institutional Barriers and
Opportunities for Urban Migrants
Feng Wang and Xuejin Zuo 276-280
Leaving the Countryside: Rural-to-Urban Migration
Decisions in China
Yaohui Zhao 281-286
Migration, Remittances, and Agricultural Productivity
in China
Scott Rozelle, J. Edward Taylor and Alan deBrauw 287-291
Markets and Inequality in Rural China: Parallels
with the Past
Dwayne Benjamin and Loren Brandt 292-295
Income Distribution in Urban China during the Period
of Economic Reform and Globalization
Azizur Rahman Khan, Keith Griffin and Carl Riskin 296-300
China's Lagging Poor Areas
Martin Ravallion and Jyotsna Jalan 301-305
Urban-Biased Policies and Rising Income Inequality
in China
Dennis Tao Yang 306-310
The Geographic Concentration of Industry: Does Natural
Advantage Explain Agglomeration?
Glenn Ellison and Edward L. Glaeser 311-316
Scale of Local Production and City Size
Thomas J. Holmes 317-320
Spatial Evolution of Population and Industry in
the United States
Duncan Black and Vernon Henderson 321-327
Decomposition of Productivity and Unit Costs
Carol Corrado and Lawrence Slifman 328-332
Quality Improvement in Health Care: A Framework
for Price and Output Measurement
Irving Shapiro, Matthew D. Shapiro and David W. Wilcox 333-337
Discrepancies in International Data: An Application
to China-Hong Kong Entrepot Trade
Robert C. Feenstra et al. 338-343
How Departments of Economics Evaluate Teaching
William E. Becker and Michael Watts 344-349
What Do College Seniors Know about Economics?
William Walstad and Sam Allgood 350-354
The State of Economic Education
Michael K. Salemi and John J. Siegfried 355-361
Credit and Banking Structure: Asian and African-American
Experience in Los Angeles
Gary Dymski and Lisa Mohanty 362-366
What Can We Expect from Community-Based Lending
for the District of Columbia
Gwendolyn Flowers 367-371
The Economic Performance of African-American-Owned
Banks: The Role of Loan Loss Provisions
Christopher C. Henderson 372-376
Portfolio Choices of Parents and Their Children
as Young Adults: Asset Accumulation by African-American Families
Ngina S. Chiteji and Frank P. Stafford 377-380
Financial Decision-Making: Are Women Really More
Risk-Averse?
Renate Schubert et al. 381-385
Gender and Culture: International Experimental Evidence
from Trust Games
Rachel Croson and Nancy Buchan 386-391
Cracks in the Glass Ceiling: Gender and Promotion
in the Economics Profession
John M. McDowell, Larry D. Singell, Jr. and James P. Ziliak 392-396
Gender Differences in Salary and Promotion in the
Humanities
Donna K. Ginther and Kathy J. Hayes 397-402
Same Song, Same Refrain? Economic Sanctions in the
1990's
Kimberly Ann Elliott and Gary Clyde Hufbauer 403-408
Sanctions: Some Simple Analytics
Jonathan Eaton and Maxim Engers 409-414
Sanctions on South Africa: What Did They Do?
Philip I. Levy 415-420
Recent Theoretical Work on the Soft Budget Constraint
Eric S. Maskin 421-425
Policy Burdens, Accountability, and the Soft Budget
Constraint
Justin Yifu Lin and Guofu Tan 426-431
The Myth of the East Asian Miracle: The Macroeconomic
Implications of Soft Budgets
Chong-En Bai and Yijiang Wang 432-437
Institutions, Innovations, and Growth
Haizhou Huang and Chenggang Xu 438-443
In Defense of Inequality
Finis Welch
No abstract available.
View article
in pdf format (AEA members only)
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Fifty Years of U.S. Income Data from the Current Population Survey: Alternatives,
Trends, and Quality
Daniel H. Weinberg et al.
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
U.S. Wage-Inequality Trends and Recent Immigration
Robert I. Lerman
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Some Income-Measurement Issues and Their Policy Implications
John C. Weicher
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Why Do Different Wage Series Tell Different Stories?
Katharine G. Abraham, James R. Spletzer and Jay C. Stewart
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Economic Growth: How Good Can It Get?
Frank P. Stafford
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Measuring Labor's Share
Alan B. Krueger
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
The NAIRU and Wages in Local Labor Markets
Robert M. Coen et al.
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Does the NAIRU Have the Right Dynamics?
Ray C. Fair
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Behind This Structural Boom: The Role of Asset Valuations
Edmund S. Phelps
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Wage Dynamics: Reconciling Theory and Evidence
Olivier Blanchard and Lawrence F. Katz
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Toward a General Theory of Wage and Price Rigidities and Economic Fluctuations
Joseph E. Stiglitz
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Price Dynamics and Production Lags
Assar Lindbeck and Dennis J. Snower
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Firm-Size Wage Differentials in Switzerland: Evidence from Job-Changers
Rudolf Winter-Ebmer and Josef Zweimuller
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Productivity Differences across Employers: The Roles of Employer Size, Age,
and Human Capital
John C. Haltiwanger, Julia I. Lane and James R. Spletzer
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Examining the Employer-Size Wage Premium in the Manufacturing, Retail Trade,
and Service Industries Using Employer-Employee Matched Data
Kimberly Bayard and Kenneth R. Troske
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Workers Are More Productive in Large Firms
Todd L. Idson and Walter Y. Oi
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Information Technology and Growth
Dale W. Jorgenson and Kevin J. Stiroh
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
The Information-Technology Revolution and the Stock Market
Jeremy Greenwood and Boyan Jovanovic
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
U.S. Economic Growth since 1870: One Big Wave?
Robert J. Gordon
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Zipf's Law and the Growth of Cities
Xavier Gabaix
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Productivity Growth and Factor Prices in East Asia
Chang-Tai Hsieh
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Growth: With or Without Scale Effects?
Charles I. Jones
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Population and Economic Growth
Gary S. Becker, Edward L. Glaeser and Kevin M. Murphy
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
From Malthusian Stagnation to Modern Growth
Oded Galor and David N. Weil
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Income-Distribution Dynamics with Endogenous Fertility
Michael Kremer and Daniel Chen
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Generational Accounting around the Globe
Laurence J. Kotlikoff and Bernd Raffelhuschen
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Generational Accounting in Europe
Bernd Raffelhuschen
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Lessons from Generational Accounting in Japan
Noriyuki Takayama and Yukinobu Kitamura
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Analyzing the Fiscal Impact of U.S. Immigration
Alan J. Auerbach and Philip Oreopoulos
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Are Immigrants Favorably Self-Selected?
Barry Chiswick
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Immigrants and Human-Capital Investment
Harriet Orcutt Duleep and Mark C. Regets
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Immigration Policy and Immigrant Quality: The Australian Points System
Paul W. Miller
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Women's Wages in Women's Work: A U.S./Canada Comparison of the Roles of
Unions and "Public Goods" Sector Jobs
Michael Baker and Nicole M. Fortin
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Exchange Rates and Employment Instability: Evidence from Matched CPS Data
Linda Goldberg, Joseph Tracy and Stephanie Aaronson
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Employment and Retirement Following a Late-Career Job Loss
Sewin Chan and Ann Huff Stevens
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Medicare Reform: Obstacles and Options
Joseph R. Antos and Linda Bilheimer
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Prefunding Medicare
Martin Feldstein
No abstract available.
View
article in pdf format (AEA members only)
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The Geography of Medicare
David M. Cutler and Louise Sheiner
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Household Resource Allocation in Stepfamilies: Darwin Reflects on the Plight
of Cinderella
Anne Case, I-Fen Lin and Sara McLanahan
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Parental Resources and Child Abuse and Neglect
Christina Paxson and Jane Waldfogel
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Is the Impact of Health Shocks Cushioned by Socioeconomic Status? The Case
of Low Birthweight
Janet Currie and Rosemary Hyson
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Population Growth, Dependency, and Consumption
David N. Weil
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Fertility Decline in the Developed World: Where Will It End?
John Bongaarts
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
U.S. Abortion Policy and Fertility
Jacob Alex Klerman
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Measures of Agricultural Support Policies in Transition Economies: 1994-1997
Alberto Valdes
No abstract available.
View
article in pdf format (AEA members only)
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Land Reform and Farm Restructuring: What Has Been Accomplished to Date?
Zvi Lerman
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Inside China's Cities: Institutional Barriers and Opportunities for Urban
Migrants
Feng Wang and Xuejin Zuo
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Leaving the Countryside: Rural-to-Urban Migration Decisions in China
Yaohui Zhao
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Migration, Remittances, and Agricultural Productivity in China
Scott Rozelle, J. Edward Taylor and Alan deBrauw
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Markets and Inequality in Rural China: Parallels with the Past
Dwayne Benjamin and Loren Brandt
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Income Distribution in Urban China during the Period of Economic Reform
and Globalization
Azizur Rahman Khan, Keith Griffin and Carl Riskin
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
China's Lagging Poor Areas
Martin Ravallion and Jyotsna Jalan
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Urban-Biased Policies and Rising Income Inequality in China
Dennis Tao Yang
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
The Geographic Concentration of Industry: Does Natural Advantage Explain
Agglomeration?
Glenn Ellison and Edward L. Glaeser
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Scale of Local Production and City Size
Thomas J. Holmes
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Spatial Evolution of Population and Industry in the United States
Duncan Black and Vernon Henderson
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Decomposition of Productivity and Unit Costs
Carol Corrado and Lawrence Slifman
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Quality Improvement in Health Care: A Framework for Price and Output Measurement
Irving Shapiro, Matthew D. Shapiro and David W. Wilcox
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Discrepancies in International Data: An Application to China-Hong Kong Entrepot
Trade
Robert C. Feenstra et al.
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
How Departments of Economics Evaluate Teaching
William E. Becker and Michael Watts
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
What Do College Seniors Know about Economics?
William Walstad and Sam Allgood
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
The State of Economic Education
Michael K. Salemi and John J. Siegfried
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Credit and Banking Structure: Asian and African-American Experience in Los
Angeles
Gary Dymski and Lisa Mohanty
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
What Can We Expect from Community-Based Lending for the District of Columbia
Gwendolyn Flowers
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
The Economic Performance of African-American-Owned Banks: The Role of Loan
Loss Provisions
Christopher C. Henderson
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Portfolio Choices of Parents and Their Children as Young Adults: Asset Accumulation
by African-American Families
Ngina S. Chiteji and Frank P. Stafford
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Financial Decision-Making: Are Women Really More Risk-Averse?
Renate Schubert et al.
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Gender and Culture: International Experimental Evidence from Trust Games
Rachel Croson and Nancy Buchan
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Cracks in the Glass Ceiling: Gender and Promotion in the Economics Profession
John M. McDowell, Larry D. Singell, Jr. and James P. Ziliak
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Gender Differences in Salary and Promotion in the Humanities
Donna K. Ginther and Kathy J. Hayes
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Same Song, Same Refrain? Economic Sanctions in the 1990's
Kimberly Ann Elliott and Gary Clyde Hufbauer
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Sanctions: Some Simple Analytics
Jonathan Eaton and Maxim Engers
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Sanctions on South Africa: What Did They Do?
Philip I. Levy
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Recent Theoretical Work on the Soft Budget Constraint
Eric S. Maskin
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Policy Burdens, Accountability, and the Soft Budget Constraint
Justin Yifu Lin and Guofu Tan
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
The Myth of the East Asian Miracle: The Macroeconomic Implications of Soft
Budgets
Chong-En Bai and Yijiang Wang
No abstract available.
View
article in pdf format (AEA members only)
Sign up for e-AER
Institutions, Innovations, and Growth
Haizhou Huang and Chenggang Xu
No abstract available.
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