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The American Economic Review
Vol. 96, No. 2, May 2006

Contents


Editors' Introduction
Michelle DE Blasi and Ronald L. Oaxaca

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Foreword
George A. Akerlof

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The Quiet Revolution That Transformed Women's Employment, Education, and Family
Claudia Goldin

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Climate Treaties and "Breakthrough" Technologies
Scott Barrett

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The Evolution of a Global Climate Change Agreement
William A. Pizer

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After Kyoto: Alternative Mechanisms to Control Global Warming
William D. Nordhaus

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An International Policy Architecture for the Post-Kyoto Era
Sheila M. Olmstead and Robert N. Stavins

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The Government's Valuation of Military Life-Saving in War: A Cost Minimization Approach
Chris Rohlfs

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Israel, the Palestinian Factions, and the Cycle of Violence
David A. Jaeger and M. Daniele Paserman

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Poverty, Political Freedom, and the Roots of Terrorism
Alberto Abadie

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When to Exit a Product: Evidence from the U. S. Motion-Picture Exhibition Market
Darlene C. Chisholm and George Norman

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Regulation under Asymmetric Information in Water Utilities
Isabelle Brocas, Kitty Chan and Isabelle Perrigne

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The Effects of Rate Regulation on Demand for Supplemental Health Insurance
M. Kate Bundorf and Kosali I. Simon

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"Build-or-Buy" Strategies in the Local Loop
Marc Bourreau and Pınar Doğan

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Patent Litigation with Endogenous Disputes
James E. Bessen and Michael J. Meurer

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Simultaneous Model of Innovation, Secrecy, and Patent Policy
Klaus Kultti, Tuomas Takalo and Juuso Toikka

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When Do More Patents Reduce R&D?
Robert M. Hunt

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Prior User Rights
Carl Shapiro

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Vertical Integration and Competition
Philippe Aghion, Rachel Griffith and Peter Howitt

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Did Medicare Induce Pharmaceutical Innovation?
Daron Acemoglu, David Cutler, Amy Finkelstein and Joshua Linn

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Valuing Consumer Products by the Time Spent Using Them: An Application to the Internet
Austan Goolsbee and Peter J. Klenow

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The Dynamics of Open-Source Contributors
Josh Lerner, Parag A. Pathak and Jean Tirole

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Dividend Taxes and Firm Valuation: New Evidence
Alan J. Auerbach and Kevin A. Hassett

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The Effects of the 2003 Dividend Tax Cut on Corporate Behavior: Interpreting the Evidence
Raj Chetty and Emmanuel Saez

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Putting Firms into Optimal Tax Theory
Wojciech Kopczuk and Joel Slemrod

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Housing, Credit Constraints, and Macro Stability: The Secondary Mortgage Market and Reduced Cyclicality of Residential Investment
Joe Peek and James A. Wilcox

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Helping Infant Economies Grow: Foundations of Trade Policies for Developing Countries
Bruce Greenwald and Joseph E. Stiglitz

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Investor Sentiment and Corporate Finance: Micro and Macro
Owen A. Lamont and Jeremy C. Stein

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Inertia of Forward-Looking Expectations
Stephen Morris and Hyun Song Shin

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Rational Inattention: Beyond the Linear-Quadratic Case
Christopher A. Sims

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Pervasive Stickiness
N. Gregory Mankiw and Ricardo Reis

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The Regulatory Record of the Greenspan Fed
Charles W. Calomiris

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The Greenspan Era: Discretion, Rather than Rules
Benjamin M. Friedman

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The Road to Price Stability
Athanasios Orphanides

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A Letter to Ben Bernanke
N. Gregory Mankiw

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From Inflation to More Inflation, Disinflation, and Low Inflation
Allan H. Meltzer

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The Polarization of the U.S. Labor Market
David H. Autor, Lawrence F. Katz and Melissa S. Kearney

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Postsecondary Education and Increasing Wage Inequality
Thomas Lemieux

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The Evolution of Top Incomes: A Historical and International Perspective
Thomas Piketty and Emmanuel Saez

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Discrimination, Social Identity, and Durable Inequalities
Karla Hoff and Priyanka Pandey

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The Impact of Group Membership on Cooperation and Norm Enforcement: Evidence Using Random Assignment to Real Social Groups
Lorenz Goette, David Huffman and Stephan Meier

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Group Affiliation and Altruistic Norm Enforcement
Helen Bernhard, Ernst Fehr and Urs Fischbacher

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Migration, Remittances, and Male and Female Employment Patterns
Catalina Amuedo-Dorantes and Susan Pozo

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Migration and Imperfect Monitoring: Implications for Intra-Household Allocation
Joyce J. Chen

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Gender and Performance: Evidence from School Assignment by Randomized Lottery
Justine S. Hastings, Thomas J. Kane and Douglas O. Staiger

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The Impact of State Licensing Regulations on Low-Skilled Immigrants: The Case of Vietnamese Manicurists
Maya N. Federman, David E. Harrington and Kathy J. Krynski

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Shades of Discrimination: Skin Tone and Wages
Arthur H. Goldsmith, Darrick Hamilton and William Darity Jr

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Crime and Punishment: And Skin Hue Too?
Kwabena Gyimah-Brempong and Gregory N. Price

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Skin-Tone Effects among African Americans: Perceptions and Reality
Joni Hersch

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Colorism, Complexion Homogamy, and Household Wealth: Some Historical Evidence
Howard Bodenhorn

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Why Personal Ties Cannot Be Bought
Alessandra Casella and Nobuyuki Hanaki

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Is School Segregation Good or Bad?
Federico Echenique, Roland G. Fryer Jr and Alex Kaufman

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Wages and Employment in a Random Social Network with Arbitrary Degree Distribution
Yannis M. Ioannides and Adriaan R. Soetevent

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All in the Extended Family: Effects of Grandparents, Aunts, and Uncles on Educational Attainment
Linda Datcher Loury

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Point Shaving: Corruption in NCAA Basketball
Justin Wolfers

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How Widespread Was Late Trading in Mutual Funds?
Eric Zitzewitz

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White-Collar Crime Writ Small: A Case Study of Bagels, Donuts, and the Honor System
Steven D. Levitt

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Marriage Laws and Growth in Sub-Saharan Africa
Todd Schoellman and Michèle Tertilt

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Trade and the Great Divergence: The Family Connection
Oded Galor and Andrew Mountford

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Individual versus Parental Consent in Marriage: Implications for Intra-Household Resource Allocation and Growth
Lena Edlund and Nils-Petter Lagerlöf

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Family Structure, Institutions, and Growth: The Origins and Implications of Western Corporations
Avner Greif

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Health and Democracy
Timothy Besley and Masayuki Kudamatsu

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Democracy and Development: The Devil in the Details
Torsten Persson and Guido Tabellini

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De Facto Political Power and Institutional Persistence
Daron Acemoglu and James A. Robinson

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Modernizing China's Growth Paradigm
Eswar S. Prasad and Raghuram G. Rajan

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Has Government Investment Crowded Out Private Investment in India?
Pritha Mitra

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Why Is Russian GDP Growth Slowing?
Padma Desai

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Who Are China's Entrepreneurs?
Simeon Djankov, Yingyi Qian, Gérard Roland and Ekaterina Zhuravskaya

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The Multitask Theory of State Enterprise Reform: Empirical Evidence from China
Chong-En Bai, Jiangyong Lu and Zhigang Tao

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Institutional Entrepreneurs
David Daokui Li, Junxin Feng and Hongping Jiang

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Executive Turnover and Firm Performance in China
Takao Kato and Cheryl Long

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Factor Reallocation in Eastern Germany after Reunification
Michael C. Burda

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The Caring Hand that Cripples: The East German Labor Market after Reunification
Dennis J. Snower and Christian Merkl

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Regional Labor Markets, Network Externalities and Migration: The Case of German Reunification
Harald Uhlig

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The Return to Capital in Ghana
Christopher Udry and Santosh Anagol

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War and Institutions: New Evidence from Sierra Leone
John Bellows and Edward Miguel

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Asian Growth and African Development
Marcos de Carvalho Chamon and Michael R. Kremer

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Sudden Stops and Phoenix Miracles in Emerging Markets
Guillermo A. Calvo, Alejandro Izquierdo and Ernesto Talvi

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Lessons from the Debt-Deflation Theory of Sudden Stops
Enrique G. Mendoza

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On Overborrowing
Martín Uribe

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China's Exchange Rate Policy Dilemma
Morris Goldstein and Nicholas Lardy

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China's Exchange Rate Trap: Japan Redux?
Ronald McKinnon

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The Parallel-Currency Approach to Asian Monetary Integration
Barry Eichengreen

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Requiring a Math Skills Unit: Results of a Randomized Experiment
Susan Pozo and Charles A. Stull

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Technology Improves Learning in Large Principles of Economics Classes: Using Our WITS
Sheryl B. Ball, Catherine Eckel and Christian Rojas

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Incentives and Student Learning: A Natural Experiment with Economics Problem Sets
Wayne A. Grove and Tim Wasserman

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Matriculation in U.S. Economics Ph.D. Programs: How Many Accepted Americans Do Not Enroll?
T. Aldrich Finegan, Wendy A. Stock and John J. Siegfried

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Attrition in Economics Ph.D. Programs
Wendy A. Stock, T. Aldrich Finegan and John J. Siegfried

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Time-to-Degree for the Economics Ph.D. Class of 2001–2002
Wendy A. Stock and John J. Siegfried

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Minutes of the Annual Meeting
John J. Siegfried

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Minutes of the Executive Committee Meetings
John J. Siegfried

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Report of the Secretary for 2005
John J. Siegfried

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Report of the Treasurer
John J. Siegfried

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Editor, American Economic Review

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Editor, Journal of Economic Literature
Roger Gordon

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Editor, Journal of Economic Perspectives
Andrei Shleifer

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Report of the Director, Job Openings for Economists
John J. Siegfried

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Report of the Committee on Economic Education
William Walstad

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Report of the Committee on the Status of Women in the Economics Profession
Francine D. Blau

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American Economic Association Universal Academic Questionnaire Summary Statistics
Charles E. Scott and John J. Siegfried

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General Information on the Association

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Certificate of Incorporation and Bylaws

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Past Officers

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Honors and Awards

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