American Economic Review
Vol. 91, No. 2, May 2001
Contents
(Note: The links below lead to pdf versions of the articles and are
available to AEA Members only.)
Struggling to
Understand the Stock Market
Robert E. Hall 1-11
Human Capital
and Growth
Robert J. Barro 12-17
The Legacy of
U.S. Educational Leadership: Notes on Distribution and Economic Growth
in the 20th Century
Claudia Goldin and Lawrence F. Katz 18-23
Black–White
Achievement Differences and Governmental Interventions
Eric A. Hanushek 24-28
Input Trade
and the Location of Production
Ronald Findlay and Ronald W. Jones 29-33
Why Did Productivity
Fall So Much During the Great Depression?
Lee E. Ohanian 34-38
Market Trade
in Patents and the Rise of a Class of Specialized Inventors in the 19th
Century United States
Naomi R. Lamoreaux and Kenneth L. Sokoloff 39-44
Sharing Ambiguity
Larry G. Epstein 45-50
Pitfalls of
a Minimax Approach to Model Uncertainty
Christopher A. Sims 51-54
Minimax Estimation
and Forecasting in a Stationary Autoregression Model
Gary Chamberlain 55-59
Robust Control
and Model Uncertainty
Lars Peter Hansen and Thomas J. Sargent 60-66
Do People Mean
What They Say? Implications for Subjective Survey Data
Marianne Bertrand and Sendhil Mullainathan 67-72
In Search of
Homo Economicus: Behavioral Experiments in 15 Small-Scale Societies
Joseph Henrich, Robert Boyd, Samuel Bowles, Colin Camerer,
Ernst Fehr, Herbert Gintis, and Richard McElreath 73-78
Growing Up in
the Projects: The Economic Lives of a Cohort of Men Who Came of Age in
Chicago Public Housing
Steven D. Levitt and Sudhir Alladi Venkatesh 79-84
Youth Smoking
in the 1990’s: Why Did It Rise and What Are the Long-Run Implications?
Jonathan Gruber 85-90
Behavioral Policies
and Teen Traffic Safety
Thomas S. Dee and William N. Evans 91-96
Going to College
to Avoid the Draft: The Unintended Legacy of the Vietnam War
David Card and Thomas Lemieux 97-102
Designing Programs
for Heterogeneous Populations: The Value of Covariate Information
Charles F. Manski 103-106
Policy-Relevant
Treatment Effects
James J. Heckman and Edward Vytlacil 107-111
Reconciling
Conflicting Evidence on the Performance of Propensity-Score Matching Methods
Jeffrey A. Smith and Petra E. Todd 112-118
Propensity-Score
Matching with Instrumental Variables
Hidehiko Ichimura and Christopher Taber 119-124
Interactions
Between Unmarried Fathers and Their Children: The Role of Paternity Establishment
and Child-Support Policies
Laura M. Argys and H. Elizabeth Peters 125-129
The Effect of
Child-Support Policies on Visitations and Transfers
Daniela Del Boca and Rocio Ribero 130-134
New Estimates
of the Impact of Child Disability on Maternal Employment
Elizabeth T. Powers 135-139
Signals of Child
Achievement as Determinants of Child Support
Alison Aughinbaugh 140-144
The Importance
of Noncognitive Skills: Lessons from the GED Testing Program
James J. Heckman and Yona Rubinstein 145-149
As Ye Sweep,
So Shall Ye Reap
Rachel Dunifon, Greg J. Duncan, and Jeanne Brooks-Gunn 150-154
Incentive-Enhancing
Preferences: Personality, Behavior, and Earnings
Samuel Bowles, Herbert Gintis, and Melissa Osborne 155-158
Understanding,
Speaking, Reading, Writing, and Earnings in the Immigrant Labor Market
Anthony P. Carnevale, Richard A. Fry, and B. Lindsay Lowell 159-163
Black–White
Earnings Differentials: Privatization versus Deregulation
James Peoples, Jr., and Wayne K. Talley 164-168
Market Structure
and Racial Earnings: Evidence from Job-Changers
Jacqueline Agesa, Richard U. Agesa, and Gary A. Hoover 169-173
Racial Differences
in Transportation Access to Employment in Chicago and Los Angeles, 1980
and 1990
Chanjin Chung, Samuel L. Myers, Jr., and Lisa Saunders 174-177
Annual Income
and Identity Formation Among Persons of Mexican Descent
Patrick L. Mason 178-183
Assessing the
Property Rights and Transaction-Cost Theories of Firm Scope
Michael D. Whinston 184-188
Empirical Strategies
in Contract Economics: Information and the Boundary of the Firm
George P. Baker and Thomas N. Hubbard 189-194
Do Firm Boundaries
Matter?
Sendhil Mullainathan and David Scharfstein 195-199
Organizational
Design: Decision Rights and Incentive Contracts
Susan Athey and John Roberts 200-205
The Influence
of the Financial Revolution on the Nature of Firms
Raghuram G. Rajan and Luigi Zingales 206-211
Bringing the
Market Inside the Firm?
George Baker, Robert Gibbons, and Kevin J. Murphy 212-218
Interest Rates
and Inflation
Fernando Alvarez, Robert E. Lucas, Jr., and Warren E. Weber 219-225
NAIRU Uncertainty
and Nonlinear Policy Rules
Laurence H. Meyer, Eric T. Swanson, and Volker W. Wieland 226-231
The Taylor Rule
and Optimal Monetary Policy
Michael Woodford 232-237
Fewer Monies,
Better Monies
Rudi Dornbusch 238-242
Why Not a Global
Currency?
Kenneth Rogoff 243-247
Optimal Monetary
Policy in Open versus Closed Economies: An Integrated Approach
Richard Clarida, Jordi Galí, and Mark Gertler 248-252
Should Central
Banks Respond to Movements in Asset Prices?
Ben S. Bernanke and Mark Gertler 253-257
Should Monetary
Policy Respond Strongly to Output Gaps?
Bennett T. McCallum 258-262
The Rules of
the Exchange Rate in Monetary-Policy Rules
John B. Taylor 263-267
Price and Quality
of Desktop and Mobile Personal Computers: A Quarter-Century Historical
Overview
Ernst R. Berndt and Neal J. Rappaport 268-273
The Acceleration
in Variety Growth
Mark Bils and Peter J. Klenow 274-280
Productivity
Change in Health Care
David M. Cutler and Mark McClellan 281-286
Internet Peering
Jean-Jacques Laffont, Scott Marcus, Patrick Rey, and Jean Tirole 287-291
Advances in
Routing Technologies and Internet Peering Agreements
Stanley Besen, Paul Milgrom, Bridger Mitchell, and Padmanabhan Srinagesh 292-296
Access Pricing,
Bypass, and Universal Service
Mark Armstrong 297-301
Cable Modems
and DSL: Broadband Internet Access for Residential Customers
Jerry A. Hausman, J. Gregory Sidak, and Hal J. Singer 302-307
Do We Have a
New E-conomy?
Martin Neal Baily and Robert Z. Lawrence 308-312
Projecting the
Economic Impact of the Internet
Robert E. Litan and Alice M. Rivlin 313-317
E-Commerce:
Measurement and Measurement Issues
Barbara M. Fraumeni 318-322
Schooling Data,
Technological Diffusion, and the Neoclassical Model
Angel de la Fuente and Rafael Doménech 323-327
Cross-Country
Technology Diffusion: The Case of Computers
Francesco Caselli and Wilbur John Coleman II 328-335
Why Wait? A
Century of Life Before IPO
Boyan Jovanovic and Peter L. Rousseau 336-341
Appeasement:
Can It Work?
Jack Hirshleifer 342-346
The Creation
of Effective Property Rights
Herschel I. Grossman 347-352
Guns, Butter,
and Openness: On the Relationship Between Security and Trade
Stergios Skaperdas and Constantinos Syropoulos 353-357
Commercial Policy
in a “Fragmented” World
Eric W. Bond 358-362
The Role of
International Fragmentation in the Development Process
Ronald W. Jones and Sugata Marjit 363-366
Trade and Exposure
Kathryn M. E. Dominguez and Linda L. Tesar 367-370
International
Trade and Business Cycles: Is Vertical Specialization the Missing Link?
M. Ayhan Kose and Kei-Mu Yi 371-375
Coping with
Terms of Trade Shocks: Pegs versus Floats
Christian Broda 376-380
Dollarization
Alberto Alesina and Robert J. Barro 381-385
National Money
as a Barrier to International Trade: The Real Case for Currency Union
Andrew K. Rose and Eric van Wincoop 386-390
Exchange-Rate
Hedging: Financial versus Operational Strategies
George Allayannis, Jane Ihrig, and James P. Weston 391-395
A Reexamination
of Exchange-Rate Exposure
Kathryn M. E. Dominguez and Linda L. Tesar 396-399
Gender Differences
in the Labor Market Effects of the Dollar
Linda Goldberg and Joseph Tracy 400-405
The Empirical
Importance of Precautionary Saving
Pierre-Olivier Gourinchas and Jonathan A. Parker 406-412
How Important
Are Idiosyncratic Shocks? Evidence from Labor Supply
Kjetil Storesletten, Chris I. Telmer, and Amir Yaron 413-417
Interest Elasticity
in a Life-Cycle Model with Precautionary Savings
Marco Cagetti 418-421
Banks and Liquidity
Douglas W. Diamond and Raghuram G. Rajan 422-425
Venture Capitalists
as Principals: Contracting, Screening, and Monitoring
Steven N. Kaplan and Per Strömberg 426-430
A Reason for
Quantity Regulation
Edward L. Glaeser and Andrei Shleifer 431-435
Financial Intermediation
without Exclusivity
Tano Santos and José A. Scheinkman 436-439
Research in
Economic Education: Five New Initiatives
Michael K. Salemi, John J. Siegfried, Kim Sosin, William B. Walstad,
and Michael Watts 440-445
Teaching Economics
at the Start of the 21st Century: Still Chalk and Talk
William E. Becker and Michael Watts 446-451
Assessing the
Economic Understanding of U.S. High-School Students
William B. Walstad and Ken Rebeck 452-460
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