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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