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American Economic Review: Vol. 97 No. 1 (March 2007)

Articles

The Missing Motivation in Macroeconomics (pp. 5-36)
George A. Akerlof
Abstract/Tools | Full-text Article (Complimentary)

Competence Implies Credibility (pp. 37-63)
Giuseppe Moscarini
Abstract/Tools | Full-text Article | Link to Appendix (96.36 KB)

Modeling the Transition to a New Economy: Lessons from Two Technological Revolutions (pp. 64-88)
Andrew Atkeson and Patrick J. Kehoe
Abstract/Tools | Full-text Article

The Cross Section of Foreign Currency Risk Premia and Consumption Growth Risk (pp. 89-117)
Hanno Lustig and Adrien Verdelhan
Abstract/Tools | Full-text Article | Download Data Set (22.60 KB)

Inefficiency in Legislative Policymaking: A Dynamic Analysis (pp. 118-149)
Marco Battaglini and Stephen Coate
Abstract/Tools | Full-text Article | Link to Appendix (236.11 KB)

Decision Making in Committees: Transparency, Reputation, and Voting Rules (pp. 150-168)
Gilat Levy
Abstract/Tools | Full-text Article

Bureaucrats or Politicians? Part I: A Single Policy Task (pp. 169-179)
Alberto Alesina and Guido Tabellini
Abstract/Tools | Full-text Article

The Motivation and Bias of Bureaucrats (pp. 180-196)
Canice Prendergast
Abstract/Tools | Full-text Article

Urban Evolutions: The Fast, the Slow, and the Still (pp. 197-221)
Gilles Duranton
Abstract/Tools | Full-text Article | Download Data Set (810.93 KB)

Market Share Dynamics and the 'Persistence of Leadership' Debate (pp. 222-241)
John Sutton
Abstract/Tools | Full-text Article | Download Data Set (287.93 KB)

Internet Advertising and the Generalized Second-Price Auction: Selling Billions of Dollars Worth of Keywords (pp. 242-259)
Benjamin Edelman, Michael Ostrovsky and Michael Schwarz
Abstract/Tools | Full-text Article

Credible Sales Mechanisms and Intermediaries (pp. 260-276)
David McAdams and Michael Schwarz
Abstract/Tools | Full-text Article | Link to Appendix (67.17 KB)

Imprecision as an Account of the Preference Reversal Phenomenon (pp. 277-297)
David J. Butler and Graham C. Loomes
Abstract/Tools | Full-text Article | Download Data Set (102.25 KB) | Link to Additional Materials (53.19 KB)

Do Workers Work More if Wages Are High? Evidence from a Randomized Field Experiment (pp. 298-317)
Ernst Fehr and Lorenz Goette
Abstract/Tools | Full-text Article | Download Data Set (99.04 KB) | Link to Appendix (888.44 KB)

The Effect of Court-Ordered Hiring Quotas on the Composition and Quality of Police (pp. 318-353)
Justin McCrary
Abstract/Tools | Full-text Article | Download Data Set (7.75 MB)

The Economic Impacts of Climate Change: Evidence from Agricultural Output and Random Fluctuations in Weather (pp. 354-385)
Olivier Deschênes and Michael Greenstone
Abstract/Tools | Full-text Article | Download Data Set (5.27 MB) | Link to Appendix (39.67 KB)

What Are Stock Investors’ Actual Historical Returns? Evidence from Dollar-Weighted Returns (pp. 386-401)
Ilia D. Dichev
Abstract/Tools | Full-text Article | Download Data Set (7.17 KB)

Shorter Papers

Consumer Bankruptcy: A Fresh Start (pp. 402-418)
Igor Livshits, James MacGee and Michèle Tertilt
Abstract/Tools | Full-text Article | Download Data Set (102.88 KB)

Simple Cost-Sharing Contracts (pp. 419-428)
Leon Yang Chu and David E. M. Sappington
Abstract/Tools | Full-text Article | Link to Appendix (243.74 KB)

Structural Change in a Multisector Model of Growth (pp. 429-443)
L. Rachel Ngai and Christopher A. Pissarides
Abstract/Tools | Full-text Article

Individual Perceptions of the Criminal Justice System (pp. 444-460)
Lance Lochner
Abstract/Tools | Full-text Article | Download Data Set (3.26 MB)

Vignettes and Self-Reports of Work Disability in the United States and the Netherlands (pp. 461-473)
Arie Kapteyn, James P. Smith and Arthur van Soest
Abstract/Tools | Full-text Article | Download Data Set (175.19 KB) | Link to Appendix (165.10 KB)

Credible Commitment to Optimal Escape from a Liquidity Trap: The Role of the Balance Sheet of an Independent Central Bank (pp. 474-490)
Olivier Jeanne and Lars E. O. Svensson
Abstract/Tools | Full-text Article

Conditional Cash Transfers, Public Provision of Private Goods, and Income Redistribution (pp. 491-502)
Firouz Gahvari and Enlinson Mattos
Abstract/Tools | Full-text Article | Link to Appendix (98.18 KB)

Credit Traps and Credit Cycles (pp. 503-516)
Kiminori Matsuyama
Abstract/Tools | Full-text Article

Minimax Play at Wimbledon: Comment (pp. 517-523)
Shih-Hsun Hsu, Chen-Ying Huang and Cheng-Tao Tang
Abstract/Tools | Full-text Article | Download Data Set (74.95 KB)

Testing for Indeterminacy: An Application to U.S. Monetary Policy: Comment (pp. 524-529)
Andreas Beyer and Roger E. A. Farmer
Abstract/Tools | Full-text Article

Testing for Indeterminacy: An Application to U.S. Monetary Policy: Reply (pp. 530-533)
Thomas A. Lubik and Frank Schorfheide
Abstract/Tools | Full-text Article

Secession and the Limits of Taxation: Toward a Theory of Internal Exit: Comment (pp. 534-538)
Grégoire Rota Graziosi
Abstract/Tools | Full-text Article



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