Open in New Tab
Open in same window
American Economic Review: Vol. 98 No. 2 (May 2008)
Editors' Introduction (page viii)
William R. Johnson and
Jane E. Voros
Abstract/Tools |
Full-text Article
Foreword (page x)
Abstract/Tools |
Full-text Article
Articles
Richard T. Ely Lecture
The Economics of Climate Change (pp. 1-37)
Nicholas Stern
Abstract/Tools |
Full-text Article (Complimentary)
The Impact of Hurricanes on Residents and Local Labor Markets
Returning to New Orleans after Hurricane Katrina (pp. 38-42)
Christina Paxson and
Cecilia Elena Rouse
Abstract/Tools |
Full-text Article
The Effect of Hurricane Katrina on the Labor Market Outcomes of Evacuees (pp. 43-48)
Jeffrey A. Groen and
Anne E. Polivka
Abstract/Tools |
Full-text Article
How Hurricanes Affect Wages and Employment in Local Labor Markets (pp. 49-53)
Ariel R. Belasen and
Solomon W. Polachek
Abstract/Tools |
Full-text Article
Measuring the Labor Market Impacts of Hurricane Katrina Migration: Evidence from Houston, Texas (pp. 54-57)
Molly Fifer McIntosh
Abstract/Tools |
Full-text Article
Rare Disasters and Asset Markets
Consumption Disasters in the Twentieth Century (pp. 58-63)
Robert J. Barro and
Jose F. Ursua
Abstract/Tools |
Full-text Article
Variable Rare Disasters: A Tractable Theory of Ten Puzzles in Macro-finance (pp. 64-67)
Xavier Gabaix
Abstract/Tools |
Full-text Article
Disasters and Recoveries (pp. 68-73)
Francois Gourio
Abstract/Tools |
Full-text Article
Disasters and the Welfare Cost of Uncertainty (pp. 74-78)
Ian W. R. Martin
Abstract/Tools |
Full-text Article
US Fiscal Institutions: Reforming Tax Expenditures
How Big Are Total Individual Income Tax Expenditures, and Who Benefits from Them? (pp. 79-83)
Leonard E. Burman,
Christopher Geissler and
Eric J. Toder
Abstract/Tools |
Full-text Article | Link to Appendix (56.99 KB)
Tax Expenditures for Owner-Occupied Housing: Deductions for Property Taxes and Mortgage Interest and the Exclusion of Imputed Rental Income (pp. 84-89)
James Poterba and
Todd Sinai
Abstract/Tools |
Full-text Article
Using Tax Expenditures to Achieve Energy Policy Goals (pp. 90-94)
Gilbert E. Metcalf
Abstract/Tools |
Full-text Article
Design and Reform of Institutions in LDCs and Transition Economies
Institutions: Top Down or Bottom Up? (pp. 95-99)
William Easterly
Abstract/Tools |
Full-text Article
Second-Best Institutions (pp. 100-104)
Dani Rodrik
Abstract/Tools |
Full-text Article
The Administrative Foundations of Self-Enforcing Constitutions (pp. 105-09)
Yadira Gonzalez de Lara,
Avner Greif and
Saumitra Jha
Abstract/Tools |
Full-text Article
Current and Future Institutions for the World Economy
The Future of the IMF and the World Bank (pp. 110-15)
Raghuram G. Rajan
Abstract/Tools |
Full-text Article
Rethinking Global Environmental Governance to Deal with Climate Change: The Multiple Logics of Global Collective Action (pp. 116-21)
Daniel C. Esty
Abstract/Tools |
Full-text Article
Designing Institutions to Deal with Terrorism in the United States (pp. 122-26)
Martin Feldstein
Abstract/Tools |
Full-text Article
Reforming Economic Institutions of the European Union
EU Institutional Reform: Evidence on Globalization and International Cooperation (pp. 127-32)
Richard Baldwin
Abstract/Tools |
Full-text Article
Widening and Deepening: Reforming the European Union (pp. 133-37)
Erik Berglof,
Mike Burkart,
Guido Friebel and
Elena Paltseva
Abstract/Tools |
Full-text Article
Should the Euro Area Be Run as a Closed Economy? (pp. 138-45)
Carlo Favero and
Francesco Giavazzi
Abstract/Tools |
Full-text Article
Empirical Work on Asymmetric Information in Insurance Markets
Modeling Competition and Market Equilibrium in Insurance: Empirical Issues (pp. 146-50)
Pierre-Andre Chiappori and
Bernard Salanie
Abstract/Tools |
Full-text Article
Does the Secondary Life Insurance Market Threaten Dynamic Insurance? (pp. 151-56)
Glenn Daily,
Igal Hendel and
Alessandro Lizzeri
Abstract/Tools |
Full-text Article
Preference Heterogeneity and Insurance Markets: Explaining a Puzzle of Insurance (pp. 157-62)
David M. Cutler,
Amy Finkelstein and
Kathleen McGarry
Abstract/Tools |
Full-text Article
Neuroeconomic Models of Economic Decision Making
The Impact of Computation Time and Experience on Decision Values (pp. 163-68)
K. Carrie Armel and
Antonio Rangel
Abstract/Tools |
Full-text Article | Link to Appendix (846.32 KB)
Economic Insights from "Neuroeconomic" Data (pp. 169-74)
Andrew Caplin and
Mark Dean
Abstract/Tools |
Full-text Article
Theories of the Mind (pp. 175-80)
Isabelle Brocas and
Juan D. Carrillo
Abstract/Tools |
Full-text Article
Information Aggregation by Voting
Information Aggregation in Standing and Ad Hoc Committees (pp. 181-86)
S. Nageeb Ali,
Jacob K. Goeree,
Navin Kartik and
Thomas R. Palfrey
Abstract/Tools |
Full-text Article
Costly Expertise (pp. 187-93)
Dino Gerardi and
Leeat Yariv
Abstract/Tools |
Full-text Article
Information Aggregation and Strategic Abstention in Large Laboratory Elections (pp. 194-200)
Marco Battaglini,
Rebecca B. Morton and
Thomas R. Palfrey
Abstract/Tools |
Full-text Article | Corrigendum (49.57 KB)
Work Incentives, Motivation, and Identity
Intrinsic Motivation and Incentives (pp. 201-05)
Canice Prendergast
Abstract/Tools |
Full-text Article
Status Incentives (pp. 206-11)
Timothy Besley and
Maitreesh Ghatak
Abstract/Tools |
Full-text Article
Identity, Supervision, and Work Groups (pp. 212-17)
George A. Akerlof and
Rachel E. Kranton
Abstract/Tools |
Full-text Article
Expertise and Macroeconomic Policy
Insiders versus Outsiders in Monetary Policymaking (pp. 218-23)
Timothy Besley,
Neil Meads and
Paolo Surico
Abstract/Tools |
Full-text Article
Do Monetary Policy Committees Need Leaders? A Report on an Experiment (pp. 224-29)
Alan S. Blinder and
John Morgan
Abstract/Tools |
Full-text Article
The FOMC versus the Staff: Where Can Monetary Policymakers Add Value? (pp. 230-35)
Christina D. Romer and
David H. Romer
Abstract/Tools |
Full-text Article | Download Data Set (36.15 KB)
Complexity and Dynamics in Macroeconomics: Alternatives to the DSGE Models
Beyond DSGE Models: Toward an Empirically Based Macroeconomics (pp. 236-40)
David Colander,
Peter Howitt,
Alan Kirman,
Axel Leijonhufvud and
Perry Mehrling
Abstract/Tools |
Full-text Article
Frequency-Specific Effects of Stabilization Policies (pp. 241-45)
William A. Brock,
Steven N. Durlauf and
Giacomo Rondina
Abstract/Tools |
Full-text Article
Modeling Macroeconomies as Open-Ended Dynamic Systems of Interacting Agents (pp. 246-50)
Blake LeBaron and
Leigh Tesfatsion
Abstract/Tools |
Full-text Article
Allowing the Data to Speak Freely: The Macroeconometrics of the Cointegrated Vector Autoregression (pp. 251-55)
Kevin D. Hoover,
Soren Johansen and
Katarina Juselius
Abstract/Tools |
Full-text Article
Labor Market Flows
The Ins and Outs of European Unemployment (pp. 256-62)
Barbara Petrongolo and
Christopher A. Pissarides
Abstract/Tools |
Full-text Article
The Decline of Job Loss and Why It Matters (pp. 263-67)
Steven J. Davis
Abstract/Tools |
Full-text Article
The Probability of Finding a Job (pp. 268-73)
Robert Shimer
Abstract/Tools |
Full-text Article
Price Manipulation in Financial Markets
How to Define Illegal Price Manipulation (pp. 274-79)
Albert S. Kyle and
S. Viswanathan
Abstract/Tools |
Full-text Article | Link to Appendix (106.78 KB)
Microstructure Bluffing with Nested Information (pp. 280-84)
Archishman Chakraborty and
Bilge Yilmaz
Abstract/Tools |
Full-text Article
Manipulation and Equity-Based Compensation (pp. 285-90)
Lin Peng and
Ailsa Roell
Abstract/Tools |
Full-text Article
Life-Cycle Investing
Contingent Claims Analysis and Life-Cycle Finance (pp. 291-96)
Zvi Bodie,
Doriana Ruffino and
Jonathan Treussard
Abstract/Tools |
Full-text Article
Optimal Life-Cycle Investing with Flexible Labor Supply: A Welfare Analysis of Life-Cycle Funds (pp. 297-303)
Francisco J. Gomes,
Laurence J. Kotlikoff and
Luis M. Viceira
Abstract/Tools |
Full-text Article
Why Don’t People Insure Late-Life Consumption?
A Framing Explanation of the Under-Annuitization Puzzle (pp. 304-09)
Jeffrey R. Brown,
Jeffrey R. Kling,
Sendhil Mullainathan and
Marian V. Wrobel
Abstract/Tools |
Full-text Article
Assets and Credit among Low-Income Households
Mortgages, Risk, and Homeownership among Low- and Moderate-Income Families (pp. 310-14)
Raphael W. Bostic and
Kwan Ok Lee
Abstract/Tools |
Full-text Article
Rates for Vehicle Loans: Race and Loan Source (pp. 315-20)
Kerwin Kofi Charles,
Erik Hurst and
Melvin Stephens
Abstract/Tools |
Full-text Article
Saving whilst Gambling: An Empirical Analysis of UK Premium Bonds (pp. 321-26)
Peter Tufano
Abstract/Tools |
Full-text Article
New Perspectives on Financial Globalization
The Drivers of Financial Globalization (pp. 327-32)
Philip R. Lane and
Gian Maria Milesi-Ferretti
Abstract/Tools |
Full-text Article
Home Bias at the Fund Level (pp. 333-38)
Harald Hau and
Helene Rey
Abstract/Tools |
Full-text Article
Is the 2007 US Sub-prime Financial Crisis So Different? An International Historical Comparison (pp. 339-44)
Carmen M. Reinhart and
Kenneth S. Rogoff
Abstract/Tools |
Full-text Article
Applications of Recent Methodology in Project Evaluation
Using Selection on Observed Variables to Assess Bias from Unobservables When Evaluating Swan-Ganz Catheterization (pp. 345-50)
Joseph G. Altonji,
Todd E. Elder and
Christopher R. Taber
Abstract/Tools |
Full-text Article
Treatment Effect Bounds under Monotonicity Assumptions: An Application to Swan-Ganz Catheterization (pp. 351-56)
Jay Bhattacharya,
Azeem M. Shaikh and
Edward Vytlacil
Abstract/Tools |
Full-text Article
Estimating Average Treatment Effects with Continuous and Discrete Covariates: The Case of Swan-Ganz Catheterization (pp. 357-62)
Qi Li,
Jeffrey S. Racine and
Jeffrey M. Wooldridge
Abstract/Tools |
Full-text Article
Gender Differences in Careers, Education, and Games
Transitions: Career and Family Life Cycles of the Educational Elite (pp. 363-69)
Claudia Goldin and
Lawrence F. Katz
Abstract/Tools |
Full-text Article
Exploring the Impact of Financial Incentives on Stereotype Threat: Evidence from a Pilot Study (pp. 370-75)
Roland G. Fryer,
Steven D. Levitt and
John A. List
Abstract/Tools |
Full-text Article
Do Women Supply More Public Goods Than Men? Preliminary Experimental Evidence from Matrilineal and Patriarchal Societies (pp. 376-81)
Steffen Andersen,
Erwin Bulte,
Uri Gneezy and
John A. List
Abstract/Tools |
Full-text Article
Macroeconomic Factors Affecting Poverty and Income Distribution among African Americans
African American and White Differences in the Impacts of Monetary Policy on the Duration of Unemployment (pp. 382-86)
William M. Rodgers
Abstract/Tools |
Full-text Article
The Changing Incidence and Severity of Poverty Spells among Female-Headed Families (pp. 387-91)
David Card and
Rebecca M. Blank
Abstract/Tools |
Full-text Article
Poverty Volatility and Macroeconomic Quiescence (pp. 392-97)
Philip N. Jefferson
Abstract/Tools |
Full-text Article
Non-white Poverty and Macroeconomy: The Impact of Growth (pp. 398-402)
Gary A. Hoover,
Walter Enders and
Donald G. Freeman
Abstract/Tools |
Full-text Article
Women, Finances, and Children
Understanding the Returns to Delayed Childbearing for Working Women (pp. 403-07)
Kasey Buckles
Abstract/Tools |
Full-text Article
The Effect of Children (pp. 408-12)
Kristin Mammen
Abstract/Tools |
Full-text Article
Planning and Financial Literacy: How Do Women Fare? (pp. 413-17)
Annamaria Lusardi and
Olivia S. Mitchell
Abstract/Tools |
Full-text Article
Who Chooses Annuities? An Experimental Investigation of the Role of Gender, Framing, and Defaults (pp. 418-22)
Julie R. Agnew,
Lisa R. Anderson,
Jeffrey R. Gerlach and
Lisa R. Szykman
Abstract/Tools |
Full-text Article
Sources of International Price Stickiness
A Structural Approach to Explaining Incomplete Exchange-Rate Pass-Through and Pricing-to-Market (pp. 423-29)
Pinelopi Koujianou Goldberg and
Rebecca Hellerstein
Abstract/Tools |
Full-text Article
Pass-Through in Retail and Wholesale (pp. 430-37)
Emi Nakamura
Abstract/Tools |
Full-text Article
Welfare Costs of Inflation in a Menu Cost Model (pp. 438-43)
Ariel Burstein and
Christian Hellwig
Abstract/Tools |
Full-text Article
Firm Heterogeneity and International Trade
Endogenous Variety and the Gains from Trade (pp. 444-50)
Costas Arkolakis,
Svetlana Demidova,
Peter J. Klenow and
Andres Rodriguez-Clare
Abstract/Tools |
Full-text Article
R&D Investments, Exporting, and the Evolution of Firm Productivity (pp. 451-56)
Bee Yan Aw,
Mark J. Roberts and
Daniel Yi Xu
Abstract/Tools |
Full-text Article
Firm-Level Heterogeneous Productivity and Demand Shocks: Evidence from Bangladesh (pp. 457-62)
Hiau Looi Kee and
Kala Krishna
Abstract/Tools |
Full-text Article
Height, Health, and Economic Development
Height, Health, and Cognitive Function at Older Ages (pp. 463-67)
Anne Case and
Christina Paxson
Abstract/Tools |
Full-text Article
Height, Health, and Inequality: The Distribution of Adult Heights in India (pp. 468-74)
Angus Deaton
Abstract/Tools |
Full-text Article
Height and Economic Development in Italy, 1730-1980 (pp. 475-81)
Franco Peracchi
Abstract/Tools |
Full-text Article
Psychology and Development: Theory and Experimental Evidence
How High Are Rates of Return to Fertilizer? Evidence from Field Experiments in Kenya (pp. 482-88)
Esther Duflo,
Michael Kremer and
Jonathan Robinson
Abstract/Tools |
Full-text Article
Limited Attention and Income Distribution (pp. 489-93)
Abhijit V. Banerjee and
Sendhil Mullainathan
Abstract/Tools |
Full-text Article
Spite and Development (pp. 494-99)
Ernst Fehr,
Karla Hoff and
Mayuresh Kshetramade
Abstract/Tools |
Full-text Article
New Research in Development Economics: Marriage, Motherhood, and Conflict
Motherhood and Female Labor Force Participation: Evidence from Infertility Shocks (pp. 500-504)
Jorge M. Aguero and
Mindy S. Marks
Abstract/Tools |
Full-text Article
Segregation, Rent Control, and Riots: The Economics of Religious Conflict in an Indian City (pp. 505-10)
Erica Field,
Matthew Levinson,
Rohini Pande and
Sujata Visaria
Abstract/Tools |
Full-text Article
Stress and Birth Weight: Evidence from Terrorist Attacks (pp. 511-15)
Adriana Camacho
Abstract/Tools |
Full-text Article
Prostitutes and Brides? (pp. 516-22)
Raj Arunachalam and
Manisha Shah
Abstract/Tools |
Full-text Article
New Comparative Economic History
Made in America? The New World, the Old, and the Industrial Revolution (pp. 523-28)
Gregory Clark,
Kevin H. O'Rourke and
Alan M. Taylor
Abstract/Tools |
Full-text Article
Trade Costs, 1870-2000 (pp. 529-34)
David S. Jacks,
Christopher M. Meissner and
Dennis Novy
Abstract/Tools |
Full-text Article
A Century of Global Equity Market Correlations (pp. 535-40)
Dennis P. Quinn and
Hans-Joachim Voth
Abstract/Tools |
Full-text Article
Assessment of Economics in US High Schools and Undergraduate Programs
The National Assessment of Educational Progress in Economics: Findings for General Economics (pp. 541-46)
William B. Walstad and
Stephen Buckles
Abstract/Tools |
Full-text Article
The Test of Understanding of College Economics (pp. 547-51)
William B. Walstad and
Ken Rebeck
Abstract/Tools |
Full-text Article
Assessment Practices and Trends in Undergraduate Economics Courses (pp. 552-56)
Georg Schaur,
Michael Watts and
William E. Becker
Abstract/Tools |
Full-text Article
Awards
Awards
Susan C. Athey: John Bates Clark Medalist 2007 (pp. 559-60)
Georg Schaur,
Michael Watts and
William E. Becker
Abstract/Tools |
Full-text Article
Reports
Reports
Minutes of the Annual Meeting: New Orleans, LA, January 5, 2008 (pp. 561-62)
John J. Siegfried
Abstract/Tools |
Full-text Article
Minutes of the Executive Committee Meetings (pp. 563-72)
John J. Siegfried
Abstract/Tools |
Full-text Article
Report of the Secretary for 2007 (pp. 573-76)
John J. Siegfried
Abstract/Tools |
Full-text Article
Report of the Treasurer (pp. 577-80)
John J. Siegfried
Abstract/Tools |
Full-text Article
Report of the Editor: American Economic Review (pp. 581-90)
Robert A. Moffitt
Abstract/Tools |
Full-text Article
Report of the Editor: Journal of Economic Literature (pp. 591-93)
Roger Gordon
Abstract/Tools |
Full-text Article
Report of the Editor: Journal of Economic Perspectives (pp. 594-95)
Andrei Shleifer
Abstract/Tools |
Full-text Article
Report of the Editor: American Economic Journal: Applied Economics (pp. 596-98)
Esther Duflo
Abstract/Tools |
Full-text Article
Report of the Editor: American Economic Journal: Economic Policy (pp. 599-600)
Alan J. Auerbach
Abstract/Tools |
Full-text Article
Report of the Editor: American Economic Journal: Macroeconomics (pp. 601-02)
Olivier Blanchard
Abstract/Tools |
Full-text Article
Report of the Editor: American Economic Journal: Microeconomics (pp. 603-04)
Andrew Postlewaite
Abstract/Tools |
Full-text Article
Report of the Director: Job Openings for Economists (pp. 605-07)
John J. Siegfried
Abstract/Tools |
Full-text Article
Report of the Committee on Economic Education (pp. 608-10)
Michael Watts
Abstract/Tools |
Full-text Article
Report of the Committee on the Status of Women in the Economics Profession 2007 (pp. 611-18)
Lisa M. Lynch
Abstract/Tools |
Full-text Article
Report on the Committee on the Status of Minority Groups in the Economics Profession (pp. 619-27)
Cecilia Rouse
Abstract/Tools |
Full-text Article
Report of the Committee on Economic Statistics (pp. 628-28)
Katharine Abraham
Abstract/Tools |
Full-text Article
Report of the Search Committee for the Editor of the Journal of Economic Perspectives (pp. 629-29)
Rebecca Blank
Abstract/Tools |
Full-text Article
American Economic Association Universal Academic Questionnaire Summary Statistics (pp. 630-33)
Charles E. Scott and
John J. Siegfried
Abstract/Tools |
Full-text Article
