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Journal of Economic Literature: Vol. 50 No. 4 (December 2012)

Front Matter (pp. 1-6)
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Articles

Racial Discrimination in the Labor Market: Theory and Empirics (pp. 959-1006)
Kevin Lang and Jee-Yeon K. Lehmann
Abstract/Tools | Full-text Article

Analyzing the Spectrum of Asset Returns: Jump and Volatility Components in High Frequency Data (pp. 1007-50)
Yacine Aït-Sahalia and Jean Jacod
Abstract/Tools | Full-text Article

Women Empowerment and Economic Development (pp. 1051-79)
Esther Duflo
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Psychologists at the Gate: A Review of Daniel Kahneman's Thinking, Fast and Slow (pp. 1080-91)
Andrei Shleifer
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Global Financial Stability and the Lessons of History: A Review of Carmen M. Reinhart and Kenneth S. Rogoff's This Time Is Different: Eight Centuries of Financial Folly (pp. 1092-1105)
Alan M. Taylor
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Book Reviews (pp. 1106-55)
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Milton Friedman by Eamonn Butler

Milton Friedman: A Concise Guide to the Ideas and Influence of the Free-Market Economist by William Ruger
Reviewed by Edward Nelson of Federal Reserve Board
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Liquidity and Crises by Franklin Allen, Elena Carletti, Jan Pieter Krahnen and Marcel Tyrell
Reviewed by Goetz von Peter of Bank for International Settlements
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Flexible Exchange Rates for a Stable World Economy by Joseph E. Gagnon
Reviewed by David H. Papell of University of Houston
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Guardians of Finance: Making Regulators Work for Us by James R. Barth, Gerard Caprio and Ross Levine
Reviewed by Edwin M. Truman of Peterson Institute for International Economics
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The Benefit and the Burden: Tax Reform--Why We Need It and What It Will Take by Bruce Bartlett
Reviewed by Alan D. Viard of American Enterprise Institute
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From Optimal Tax Theory to Tax Policy: Retrospective and Prospective Views by Robin Boadway
Reviewed by Casey Rothschild of Wellesley College
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The Causes and Consequences of Income Tax Noncompliance by Jeffrey A. Dubin
Reviewed by Brian Erard of B. Erard and Associates
Review Abstract | Review Full-text

Analyse do Orcamento ou A Questao Financeira Resolvida--Systema de Economias e Reformas por meio das quaes se extinguira a deficit sendo igualada a receita e a despeza no orcamento para o anno economico de 1869 a 1870 com pequeno sacrificio para todos com notavel melhoramento de muitos servicos e sem prejuizo de nenhum by Jose Barbosa Leao
Reviewed by Paulo Reis Mourao of University of Minho
Review Abstract | Review Full-text

Good Jobs America: Making Work Better for Everyone by Paul Osterman and Beth Shulman
Reviewed by Charles C. Brown of University of Michigan
Review Abstract | Review Full-text

Industrial Policy and Development: The Political Economy of Capabilities Accumulation by Mario Cimoli, Giovanni Dosi and Joseph E. Stiglitz
Reviewed by Ann Harrison of Wharton School, University of Pennsylvania
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The Economics of Collusion: Cartels and Bidding Rings by Robert C. Marshall and Leslie M. Marx
Reviewed by John J. Siegfried of Vanderbilt University and University of Adelaide
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Business Ethics: A Critical Approach: Integrating Ethics across the Business World by Patrick O'Sullivan, Mark Smith and Mark Esposito
Reviewed by Bruno S. Sergi of University of Messina and Harvard University
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The Prosperity of Vice: A Worried View of Economics by Daniel Cohen
Reviewed by Joel Mokyr of Northwestern University
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The Greek Economy and the Crisis: Challenges and Responses by Panagiotis Petrakis
Reviewed by Nikolaos Vettas of Athens University of Economics and Business and CEPR
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Carbon Coalitions: Business, Climate Politics, and the Rise of Emissions Trading by Jonas Meckling
Reviewed by Barry G. Rabe of Gerald R. Ford School of Public Policy, University of Michigan
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The Green Paradox: A Supply-Side Approach to Global Warming by Hans-Werner Sinn
Reviewed by Tao Wang of Environmental Defense Fund and Swarthmore College
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Heredity, Family, and Inequality: A Critique of Social Sciences by Michael Beenstock
Reviewed by Bhash Mazumder of Federal Reserve Bank of Chicago
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Poker: The Parody of Capitalism by Ole Bjerg
Reviewed by James N. Baron of Yale School of Management
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Jewish Economies: Development and Migration in America and Beyond. Volume 1. The Economic Life of American Jewry by Simon Kuznets

Jewish Economies: Development and Migration in America and Beyond. Volume 2. Comparative Perspectives on Jewish Migration by Simon Kuznets
Reviewed by Barry R. Chiswick of George Washington University
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Annotated Listing of New Books (pp. 1156-1265)
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JEL Classification System (pp. 1266-1280)
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Doctoral Dissertations in Economics (pp. 1281-1310)
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