American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Inequality Among World Citizens: 1820–1992 FrançoisBourguignon ChristianMorrisson 727 744 This paper investigates the distribution of well being among world citizens during the last two centuries. The estimates show that inequality of world distribution of income worsened from the beginning of the 19th century to World War II and after that seems to have stabilized or to have grown more slowly. In the early 19th century most inequality was due to differences within countries; later, it was due to differences between countries. Inequality in longevity, also increased during the 19th century, but then was reversed in the second half of the 20th century, perhaps mitigating the failure of income inequality to improve in the last decades. (JEL D31, F0, N0, O0) http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=1&issue_date=September 2002 10.1257/00028280260344443 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article The Returns to Entrepreneurial Investment: A Private Equity Premium Puzzle? Tobias J.Moskowitz AnnetteVissing-Jørgensen 745 778 We document the return to investing in U.S. nonpublicly traded equity. Entrepreneurial investment is extremely concentrated, yet despite its poor diversification, we find that the returns to private equity are no higher than the returns to public equity. Given the large public equity premium, it is puzzling why households willingly invest substantial amounts in a single privately held firm with a seemingly far worse risk-return trade-off. We briefly discuss how large nonpecuniary benefits, a preference for skewness, or overestimates of the probability of survival could potentially explain investment in private equity despite these findings. (JEL G11, G12, M13) http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=2&issue_date=September 2002 10.1257/00028280260344452 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Managing Dynamic Competition Tracy R.Lewis HuseyinYildirim 779 797 In many important high-technology markets, including software development, data processing, communications, aeronautics, and defense, suppliers learn through experience how to provide better service at lower cost. This paper examines how a buyer designs dynamic competition among rival suppliers to exploit learning economies while minimizing the costs of becoming locked in to one producer. Strategies for controlling dynamic competition include the handicapping of more efficient suppliers in procurement competitions, the protection and allocation of intellectual property, and the sharing of information among rival suppliers. (JEL C73, D44, L10) http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=3&issue_date=September 2002 10.1257/00028280260344461 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Rigidity, Discretion, and the Costs of Writing Contracts PierpaoloBattigalli GiovanniMaggi 798 817 In this paper we model contract incompleteness "from the ground up," as arising endogenously from the costs of describing the environment and the parties' behavior. Optimal contracts may exhibit two forms of incompleteness: discretion, meaning that the contract does not specify the parties' behavior with sufficient detail; and rigidity, meaning that the parties' obligations are not sufficiently contingent on the external state. The model sheds light on the determinants of rigidity and discretion in contracts, and yields rich predictions regarding the impact of changes in the exogenous parameters on the degree and form of contract incompleteness. (JEL D23, D8, L14) http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=4&issue_date=September 2002 10.1257/00028280260344470 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Contractual Structure and Wealth Accumulation DilipMookherjee DebrajRay 818 849 Can historical wealth distributions affect long-run output and inequality despite "rational" saving, convex technology and no externalities? We consider a model of equilibrium short-period financial contracts, where poor agents face credit constraints owing to moral hazard and limited liability. If agents have no bargaining power, poor agents have no incentive to save: poverty traps emerge and agents are polarized into two classes, with no interclass mobility. If instead agents have all the bargaining power, strong saving incentives are generated: the wealth of poor and rich agents alike drift upward indefinitely and "history" does not matter eventually. (D31, D91, I32, O17, Q15) http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=5&issue_date=September 2002 10.1257/00028280260344489 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Monitoring, Motivation, and Management: The Determinants of Opportunistic Behavior in a Field Experiment Daniel S.Nagin James B.Rebitzer SethSanders Lowell J.Taylor 850 873 Economic models of incentives in employment relationships are based on a specific theory of motivation: employees are "rational cheaters," who anticipate the consequences of their actions and shirk when the marginal benefits exceed costs. We investigate the "rational cheater model" by observing how experimentally induced variation in monitoring of telephone call center employees influences opportunism. A significant fraction of employees behave as the "rational cheater model" predicts. A substantial proportion of employees, however, do not respond to manipulations in the monitoring rate. This heterogeneity is related to variation in employee assessments of their general treatment by the employer. (JEL D2, J2, L2, L8, M12) http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=6&issue_date=September 2002 10.1257/00028280260344498 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Rating Banks: Risk and Uncertainty in an Opaque Industry Donald P.Morgan 874 888 The pattern of disagreement between bond raters suggests that banks and insurance firms are inherently more opaque than other types of firms. Moody's and S&P split more often over these financial intermediaries, and the splits are more lopsided, as theory here predicts. Uncertainty over the banks stems from certain assets, loans and trading assets in particular, the risks of which are hard to observe or easy to change. Banks' high leverage, which invites agency problems, compounds the uncertainty over their assets. These findings bear on both the existence and reform of bank regulation. (JEL G20, G21, G28) http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=7&issue_date=September 2002 10.1257/00028280260344506 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article How Regional Blocs Affect Excluded Countries: The Price Effects of MERCOSUR WonChang L. AlanWinters 889 904 The welfare effects of PTAs are most directly linked to changes in trade prices, i.e., the terms of trade. This paper employs a simple strategic pricing game in segmented markets to measure the effects of MERCOSUR on the pricing of "nonmember" exports to Brazil: As Brazil exempts its MERCOSUR partners from tariffs, the resulting competitive pressure leads other exporters to reduce their prices. Working with detailed data on unit values and tariffs we find that the creation of MERCOSUR was associated with significant declines in the prices of nonmembers' exports to the region. (JEL F13, F15). http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=8&issue_date=September 2002 10.1257/00028280260344515 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Testing Intertemporal Substitution, Implicit Contracts, and Hours Restriction Models of the Labor Market Using Micro Data John C.Ham Kevin T.Reilly 905 927 We present new tests of three theories of the labor market: intertemporal substitution, hours restrictions, and implicit contracts. The intertemporal substitution test we implement is an exclusion test robust to many specification errors and we consistently reject this model. We model hours restrictions as part of an endogenous switching model. We compare the implicit probit equation to an unrestricted probit equation for unemployment and reject the hours restriction model. For the implicit contracts model, we estimate nonseparable within-period labor-supply and consumption equations. We test a cross-equation restriction of the model and cannot reject the implicit contracts model. (JEL E30, J22, J60) http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=9&issue_date=September 2002 10.1257/00028280260344524 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Targeting Nominal Income Growth or Inflation? HenrikJensen 928 956 Within a simple New Keynesian model emphasizing forward-looking behavior of private agents, I evaluate optimal nominal income growth targeting versus optimal inflation targeting. When the economy is mainly subject to shocks that do not involve monetary policy trade-offs for society, inflation targeting is preferable. Otherwise, nominal income growth targeting may be superior because it induces inertial policy making, which improves the inflation-output-gap trade-off. Somewhat paradoxically, inflation targeting may be relatively less favorable the more society dislikes inflation, and the more persistent are the effects of inflation-generating shocks. (JEL E42, E52, F58) http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=10&issue_date=September 2002 10.1257/00028280260344533 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Did the Elimination of Mandatory Retirement Affect Faculty Retirement? OrleyAshenfelter DavidCard 957 980 A special exemption from the 1986 Age Discrimination Act allowed colleges and universities to enforce mandatory retirement of faculty at age 70 until 1994. We construct a survey that permits us to compare faculty turnover rates before and after the law changed at a large sample of institutions with defined contribution pension plans. After the elimination of compulsory retirement the retirement rates of 70- and 71-year-olds fell by two-thirds and were comparable to rates of 69-year-olds. These findings indicate that U.S. colleges and universities will experience a rise in the number of older faculty over the coming years. (JEL J26, I21) http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=11&issue_date=September 2002 10.1257/00028280260344542 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Geography of the Family Kai A.Konrad HaraldKünemund Kjell ErikLommerud Julio R.Robledo 981 998 We study the residential choice of siblings who are altruistic towards their parents. The firstborn child's location choice influences the behavior of the second-born child and can shift some of the burden of providing care for the parents from one child to the other. These strategic considerations lead to an equilibrium location pattern with firstborn children locating further away from their parents than second-born children. We also analyze the location choices empirically using German data. These data confirm our theoretical predictions. (JEL H41, J10) http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=12&issue_date=September 2002 10.1257/00028280260344551 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Longer-Term Effects of Head Start ElianaGarces DuncanThomas JanetCurrie 999 1012 Specially collected data on adults in the Panel Study of Income Dynamics are used to provide evidence on the longer-term effects of Head Start, an early intervention program for poor preschool-age children. Whites who attended Head Start are, relative to their siblings who did not, significantly more likely to complete high school, attend college, and possibly have higher earnings in their early twenties. African-Americans who participated in Head Start are less likely to have been booked or charged with a crime. There is some evidence of positive spillovers from older Head Start children to their younger siblings. (JEL J24, I38) http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=13&issue_date=September 2002 10.1257/00028280260344560 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Dynamic Inconsistencies: Counterfactual Implications of a Class of Rational-Expectations Models ArturoEstrella Jeffrey C.Fuhrer 1013 1028 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=14&issue_date=September 2002 10.1257/00028280260344579 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Terror as a Bargaining Instrument: A Case Study of Dowry Violence in Rural India FrancisBloch VijayendraRao 1029 1043 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=15&issue_date=September 2002 10.1257/00028280260344588 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Antidumping Investigations and the Pass-Through of Antidumping Duties and Exchange Rates Bruce A.Blonigen Stephen E.Haynes 1044 1061 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=16&issue_date=September 2002 10.1257/00028280260344597 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Revisiting Kindness and Confusion in Public Goods Experiments DanielHouser RobertKurzban 1062 1069 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=17&issue_date=September 2002 10.1257/00028280260344605 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Implementing the Efficient Allocation of Pollution JohnDuggan JoanneRoberts 1070 1078 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=18&issue_date=September 2002 10.1257/00028280260344614 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article The Gains From Self-Ownership and the Expansion of Women's Rights RickGeddes DeanLueck 1079 1092 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=19&issue_date=September 2002 10.1257/00028280260344623 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Last-Minute Bidding and the Rules for Ending Second-Price Auctions: Evidence from eBay and Amazon Auctions on the Internet Alvin E.Roth AxelOckenfels 1093 1103 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=20&issue_date=September 2002 10.1257/00028280260344632 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article The Risk Premium for Equity: Implications for the Proposed Diversification of the Social Security Fund SimonGrant JohnQuiggin 1104 1115 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=21&issue_date=September 2002 10.1257/00028280260344641 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article A New Measure of Horizontal Equity Alan J.Auerbach Kevin A.Hassett 1116 1125 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=22&issue_date=September 2002 10.1257/00028280260344650 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Do Corrupt Governments Receive Less Foreign Aid? AlbertoAlesina BeatriceWeder 1126 1137 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=23&issue_date=September 2002 10.1257/00028280260344669 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Testing Mixed-Strategy Equilibria When Players Are Heterogeneous: The Case of Penalty Kicks in Soccer P.-A.Chiappori S.Levitt T.Groseclose 1138 1151 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=24&issue_date=September 2002 10.1257/00028280260344678 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article International Spillovers and Water Quality in Rivers: Do Countries Free Ride? HilarySigman 1152 1159 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=25&issue_date=September 2002 10.1257/00028280260344687 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Reservation Wages: An Analysis of the Effects of Reservations on Employment of American Indian Men J.Gitter Patricia B.Reagan 1160 1168 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=26&issue_date=September 2002 10.1257/00028280260344696 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article R&D Cooperation and Spillovers: Some Empirical Evidence from Belgium BrunoCassiman ReinhildeVeugelers 1169 1184 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=27&issue_date=September 2002 10.1257/00028280260344704 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Savings and Portfolio Choice in a Two-Period Two-Asset Model SakuAura PeterDiamond JohnGeanakoplos 1185 1191 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=28&issue_date=September 2002 10.1257/00028280260344713 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Education, Social Cohesion, and Economic Growth MarkGradstein MosheJustman 1192 1204 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=29&issue_date=September 2002 10.1257/00028280260344722 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Malthus to Solow Gary D.Hansen Edward C.Prescott 1205 1217 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=30&issue_date=September 2002 10.1257/00028280260344731 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Hardnose the Dictator Todd L.Cherry PeterFrykblom Jason F.Shogren 1218 1221 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=31&issue_date=September 2002 10.1257/00028280260344740 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Competitive Pressure and Labor Productivity: World Iron-Ore Markets in the 1980's José E.Galdón-Sánchez James A.SchmitzJr. 1222 1235 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=32&issue_date=September 2002 10.1257/00028280260344759 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Using Electoral Cycles in Police Hiring to Estimate the Effect of Police on Crime: Comment JustinMcCrary 1236 1243 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=33&issue_date=September 2002 10.1257/00028280260344768 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Using Electoral Cycles in Police Hiring to Estimate the Effects of Police on Crime: Reply Steven D.Levitt 1244 1250 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=34&issue_date=September 2002 10.1257/00028280260344777 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Losing Sleep at the Market: Comment J. MichaelPinegar 1251 1256 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=35&issue_date=September 2002 10.1257/00028280260344786 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article Losing Sleep at the Market: The Daylight Saving Anomaly: Reply Mark J.Kamstra Lisa A.Kramer Maurice D.Levi 1257 1263 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=36&issue_date=September 2002 10.1257/00028280260344795 American Economic Association Nashville, TN 0002-8282 American Economic Review http://www.aeaweb.org/aer/ 92 4 September 2002 http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=92&issue=4&issue_date=September 2002 Journal Article The Swing Voter's Curse: Comment MarkFey JaehoonKim 1264 1268 http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=92&issue=4&article=37&issue_date=September 2002 10.1257/00028280260344803