American Economic Review

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     Vol. 94, Issue: 2 - May 2004
     Vol. 94, Issue: 1 - March 2004
     Vol. 93, Issue: 5 - December 2003
     Vol. 93, Issue: 4 - September 2003
     Vol. 93, Issue: 3 - June 2003
     Vol. 93, Issue: 2 - May 2003
     Other Issues

  Articles in this Issue
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Editors' Introduction (pp. 7 - 7)

Foreword (pp. 8 - 8)

The Institutions of Monetary Policy (pp. 1 - 13)

Asset Prices, Financial Instability, and Monetary Policy (pp. 14 - 18)

Inflation Illusion and Stock Prices (pp. 19 - 23)

The Fed Response to Equity Prices and Inflation (pp. 24 - 28)

Aggregate Short Interest and Market Valuations (pp. 29 - 32)

Risk and Uncertainty in Monetary Policy (pp. 33 - 40)

Panel Discussion (pp. 41 - 48)

Preemption, Changing Structure, and U. S. Monetary Policy (pp. 49 - 52)

Serial Default and the "Paradox" of Rich-to-Poor Capital Flows (pp. 53 - 58)

Financial Openness, Sudden Stops, and Current-Account Reversals (pp. 59 - 64)

Financial Opening and Development: Evidence and Policy Controversies (pp. 65 - 70)

Monetary and Fiscal Remedies for Deflation (pp. 71 - 75)

Policy Options in a Liquidity Trap (pp. 76 - 79)

Exchange-Rate Policy and the Zero Bound on Nominal Interest Rates (pp. 80 - 84)

Conducting Monetary Policy at Very Low Short-Term Interest Rates (pp. 85 - 90)

Transparency of Information and Coordination in Economies with Investment Complementarities (pp. 91 - 98)

Deflation and Depression: Is There an Empirical Link? (pp. 99 - 103)

Negative Nominal Interest Rates (pp. 104 - 108)

Wedges and Taxes (pp. 109 - 113)

A Scapegoat Model of Exchange-Rate Fluctuations (pp. 114 - 118)

Accounting for Exchange-Rate Variability in Present-Value Models When the Discount Factor Is Near 1 (pp. 119 - 125)

Can Portfolio Rebalancing Explain the Dynamics of Equity Returns, Equity Flows, and Exchange Rates? (pp. 126 - 133)

Why Is Manufacturing Trade Rising Even as Manufacturing Output is Falling? (pp. 134 - 138)

Variety Growth and World Welfare (pp. 139 - 144)

On the Measurement of Product Variety in Trade (pp. 145 - 149)

Dissecting Trade: Firms, Industries, and Export Destinations (pp. 150 - 154)

How Much Equity Does the Government Hold? (pp. 155 - 160)

Toward a Consumption Tax, and Beyond (pp. 161 - 165)

What Do Aggregate Consumption Euler Equations Say About the Capital-Income Tax Burden? (pp. 166 - 170)

Taxation and Corporate Payout Policy (pp. 171 - 175)

Is the Social Security Trust Fund a Store of Value? (pp. 176 - 181)

Social Security Financing: Facts, Fantasies, Foibles, and Follies (pp. 182 - 186)

Improving Social Security's Progressivity and Solvency with Hybrid Indexing (pp. 187 - 191)

CEO Pay and Appointments: A Market-Based Explanation for Recent Trends (pp. 192 - 196)

Inequality and the Organization of Knowledge (pp. 197 - 202)

Task-Specific Human Capital (pp. 203 - 207)

Balanced Skills and Entrepreneurship (pp. 208 - 211)

The Structure of Wages and Internal Mobility (pp. 212 - 216)

Using "Insider Econometrics" to Study Productivity (pp. 217 - 223)

Integrated Longitudinal Employer-Employee Data for the United States (pp. 224 - 229)

Changing Labor-Market Opportunities for Women and the Quality of Teachers, 1957–2000 (pp. 230 - 235)

Pulled Away or Pushed Out? Explaining the Decline of Teacher Aptitude in the United States (pp. 236 - 240)

Teacher Testing, Teacher Education, and Teacher Characteristics (pp. 241 - 246)

The Impact of Individual Teachers on Student Achievement: Evidence from Panel Data (pp. 247 - 252)

Efficiency in the Use of Technology in Economic Education: Some Preliminary Results (pp. 253 - 258)

What Students Remember and Say about College Economics Years Later (pp. 259 - 265)

Ph. D. Program Learning and Job Demands: How Close Is the Match? (pp. 266 - 271)

The Market for New Ph. D. Economists in 2002 (pp. 272 - 285)

Panel Discussion (pp. 286 - 290)

Can Demand-Side Variables Explain the Low Numbers of Minority Faculty in Higher Education? (pp. 291 - 295)

The Effects of Ph. D. Supply on Minority Faculty Representation (pp. 296 - 301)

Panel Discussion (pp. 302 - 306)

Institutional Strategies to Achieve Gender Equity in Intercollegiate Athletics: Does Title IX Harm Male Athletes? (pp. 307 - 311)

Understanding How Child-Support Arrears Reached $18 Billion in California (pp. 312 - 316)

Are All the Good Men Married? Uncovering the Sources of the Marital Wage Premium (pp. 317 - 321)

Occupation, Sex-Integration, and Divorce (pp. 322 - 325)

Wealth, Health, and Health Services in Rural Rajasthan (pp. 326 - 330)

Medical Compliance and Income-Health Gradients (pp. 331 - 335)

Do Conditional Cash Transfers Improve Child Health? Evidence from PROGRESA's Control Randomized Experiment (pp. 336 - 341)

The Role of Information in Medical Markets: An Analysis of Publicly Reported Outcomes in Cardiac Surgery (pp. 342 - 346)

Managed Care, Information, and Diffusion: The Case of Treatment for Heart-Attack Patients (pp. 347 - 351)

Hospital Transaction Prices and Managed-Care Discounting for Selected Medical Technologies (pp. 352 - 356)

The Productivity of Physician Specialization: Evidence from the Medicare Program (pp. 357 - 361)

Repetition and Reputation: Implications for Trust and Trustworthiness When Institutions Change (pp. 362 - 366)

Mood-Driven Behavior in Strategic Interactions (pp. 367 - 372)

Social Capital and Contributions in a Public-Goods Experiment (pp. 373 - 376)

Gender and Competition at a Young Age (pp. 377 - 381)

Property Rights to Technical Knowledge in Premodern Europe, 1300 –1800 (pp. 382 - 387)

Was Electricity a General Purpose Technology? Evidence from Historical Patent Citations (pp. 388 - 394)

Institutions and Democratic Invention in 19th-Century America: Evidence from "Great Inventors," 1790–1930 (pp. 395 - 401)

Do We Underestimate the Benefits of Cultural Competition? (pp. 402 - 407)

Psychology and the Market (pp. 408 - 413)

Does Competition Destroy Ethical Behavior? (pp. 414 - 418)

A Behavioral-Economics View of Poverty (pp. 419 - 423)

Design Choices in Privatized Social-Security Systems: Learning from the Swedish Experience (pp. 424 - 428)

Toward National Well-Being Accounts (pp. 429 - 434)

Persuasion in Politics (pp. 435 - 439)

The Employment Consequences of Wrongful-Discharge Laws: Large, Small, or None at All? (pp. 440 - 446)

Identifying the Effects of the Americans with Disabilities Act Using State-Law Variation: Preliminary Evidence on Educational Participation Effects (pp. 447 - 453)

Estimating the Value of a Statistical Life: The Importance of Omitted Variables and Publication Bias (pp. 454 - 460)

What Is a Barrier to Entry? (pp. 461 - 465)

Why Barriers to Entry Are Barriers to Understanding (pp. 466 - 470)

Sunk Costs and Antitrust Barriers to Entry (pp. 471 - 475)

John Bates Clark Award (pp. 478 - 478)

Minutes of the Annual Meeting (pp. 479 - 480)

Minutes of the Executive Committee Meetings (pp. 481 - 491)

Report of the Secretary for 2003 (pp. 492 - 494)

Report of the Treasurer (pp. 495 - 498)

Report of the Finance Committee (pp. 499 - 500)

Report of the Editor - American Economic Review (pp. 501 - 513)

Report of the Editor - Journal of Economic Literature (pp. 514 - 517)

Report of the Editor - Journal of Economic Perspectives (pp. 518 - 519)

Report of the Director - Job Openings for Economists (pp. 520 - 522)

Report of the Committee on Economic Education (pp. 523 - 524)

Report of the Committee on the Status of Women in the Economics Profession (pp. 525 - 533)

Report of the Search Committee for a JEL Editor (pp. 534 - 534)

American Economic Association Universal Academic Questionnaire Summary Statistics (pp. 535 - 538)

Information on the Association (pp. 539 - 539)