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The American Economic Review: Forthcoming Accepted Articles


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Articles accepted for publication in forthcoming issues of the AER.

Preview links indicate that a draft version of the full-text article is available for AEA members only.

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Regular Articles

Aaronson, Daniel; Agarwal, Sumit and French, Eric Baird: The Spending and Debt Response to Minimum Wage Hikes

Abramitzky, Ran; Boustan, Leah Platt and Eriksson, Katherine: Europe's Tired, Poor, Huddled Masses: Self-Selection and Economic Outcomes in the Age of Mass Migration [Preview]

Acemoglu, Daron; Egorov, Georgy and Sonin, Konstantin: Dynamics and Stability of Constitutions, Coalitions, and Clubs [Preview]

Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo and Hemous, David: The Environment and Directed Technical Change [Preview]

Alatas, Vivi; Banerjee, Abhijit V.; Hanna, Rema Nadeem; Olken, Benjamin A. and Tobias, Julia: Targeting the Poor: Evidence from a Field Experiment in Indonesia [Preview]

Ambrus, Attila and Greiner, Ben: Imperfect Public Monitoring with Costly Punishment - An Experimental Study [Preview]

Andreoni, James and Sprenger, Charles: Risk Preferences Are Not Time Preferences [Preview]

Andreoni, James and Sprenger, Charles: Estimating Time Preferences from Convex Budgets [Preview]

Antras, Pol and Staiger, Robert: Offshoring and the Role of Trade Agreements [Preview]

Arkolakis, Costas; Costinot, Arnaud and Rodríguez-Clare, Andrés: New Trade Models, Same Old Gains? [Preview]

Asharf, Quamrul and Galor, Oded: The "Out of Africa" Hypothesis, Human Genetic Diversity, and Comparative Economic Development

Baccara, Mariagiovanna; Imrohoroglu, Ayse; Wilson, Alistair and Yariv, Leeat: A Field Study on Matching with Network Externalities [Preview]

Bajari, Patrick L.; Cooley, Jane Corinne; Kim, Kyoo-il and Timmins, Christopher: A Rational Expectations Approach to Hedonic Price Regressions with Time-Varying Unobserved Product Attributes: The Price of Pollution [Preview]

Baliga, Sandeep and Sjöström, Tomas: The Strategy of Manipulating Conflict [Preview]

Barsky, Robert and Sims, Eric: Information, Animal Spirits, and the Meaning of Innovations in Consumer Confidence [Preview]

Bartling, Bjoern; Fehr, Ernst and Schmidt, Klaus M.: Screening, Competition, and Job Design: Economic Origins of Good Jobs [Preview]

Benjamin, Daniel J.; Heffetz, Ori; Kimball, Miles Spencer and Rees-Jones, Alex: What Do You Think Would Make You Happier? What Do You Think You Would Choose? [Preview]

Besley, Timothy J. and Mueller, Hannes Felix: Estimating the Peace Dividend: The Impact of Violence on House Prices in Northern Ireland [Preview]

Bils, Mark; Klenow, Peter J. and Malin, Benjamin A.: Reset Price Inflation and the Impact of Monetary Policy Shocks [Preview]

Bowlus, Audra J. and Robinson, Chris: Human Capital Prices, Productivity and Growth

Brambilla, Irene; Lederman, Daniel and Porto, Guido: Exports, Export Destinations, and Skills

Brock, Michelle; Lange, Andreas and Ozbay, Erkut Y.: Dictating the Risk - Experimental Evidence on Giving in Risky Environments [Preview]

Bronnenberg, Bart J.; Dube, Jean-Pierre H. and Gentzkow, Matthew: The Evolution of Brand Preferences: Evidence from Consumer Migration [Preview]

Budish, Eric and Cantillon, Estelle: The Multi-Unit Assignment Problem: Theory and Evidence from Course Allocation at Harvard [Preview]

Buera, Francisco J. and Kaboski, Joseph: The Rise of the Service Economy [Preview]

Bundorf, M. Kate; Levin, Jonathan and Mahoney, Neale: Pricing and Welfare in Health Plan Choice [Preview]

Chaney, Thomas; Sraer, David and Thesmar, David: The Collateral Channel: How Real Estate Shocks Affect Corporate Investment

Chassang,, Sylvain; Padro-i-Miquel, Gerard and Snowberg, Erik: Selective Trials: A Principal-Agent Approach to Randomized Controlled Experiments [Preview]

Chatterjee, Satyajit and Eyigungor, Burcu: Maturity, Indebtedness, and Default Risk

Che, Yeon-Koo; Dessein, Wouter and Kartik, Navin: Pandering to Persuade [Preview]

Chen, Zhijun and Rey, Patrick: Loss Leading as an Exploitative Practice

Cherchye, Laurens; De Rock, Bram and Vermeulen, Frederic: Married with Children: A Collective Labor Supply Model with Detailed Time Use and Intrahousehold Expenditure Information

Chien, Yi-Li; Cole, Harold and Lustig, Hanno: Is the Volatility of the Market Price of Risk due to Intermittent Portfolio Re-balancing? [Preview]

Crawford, Gregory S. and Yurukoglu, Ali: The Welfare Effects of Bundling in Multi-Channel Television Markets [Preview]

De Loecker, Jan and Warzynski, Frederic: Markups and Firm-Level Export Status [Preview]

Dinlersoz, Emin Murat and Yorukoglu, Mehmet: Information and Industry Dynamics [Preview]

Drozd, Lukasz and Nosal, Jaromir Bozydar: Understanding International Prices: Customers as Capital

Duflo, Esther; Hanna, Rema Nadeem and Ryan, Stephen Patrick: Incentives Work: Getting Teachers to Come to School [Preview]

Einav, Liran; Finkelstein, Amy; Pascu, Iuliana and Cullen, Mark Richard: How General are Risk Preferences? Choices under Uncertainty in Different Domains [Preview]

Elsby, Michael and Shapiro, Matthew D.: Why Does Trend Growth Affect Equilibrium Employment? A New Explanation of an Old Puzzle [Preview]

Esteban, Joan Maria; Mayoral, Laura and Ray, Debraj: Ethnicity and Conflict: An Empirical Study

Farhi, Emmanuel and Tirole, Jean: Collective Moral Hazard, Maturity Mismatch, and Systemic Bailouts [Preview]

Fitzgerald, Doireann: Trade Costs, Asset Market Frictions and Risk Sharing [Preview]

Fowlie, Meredith; Holland, Stephen P. and Mansur, Erin T,: What Do Emissions Markets Deliver and to Whom? Evidence from Southern California's NOx Trading Program [Preview]

Friedman, Daniel and Oprea, Ryan: A Continuous Dilemma [Preview]

Fudenberg, Drew; Rand, David and Dreber, Anna: Slow to Anger and Fast to Forget: Cooperation in an Uncertain World [Preview]

Gill, David and Prowse, Victoria: A Structural Analysis of Disappointment Aversion in a Real Effort Competition [Preview]

Gine, Xavier; Goldberg, Jessica and Yang, Dean: Credit Market Consequences of Improved Personal Identification: Field Experimental Evidence from Malawi [Preview]

Gourio, Francois: Disaster Risk and Business Cycle [Preview]

Guerrieri, Veronica and Kondor, Peter: Fund Managers, Career Concerns, and Asset Price Volatility [Preview]

Halac, Marina: Relational Contracts and the Value of Relationships [Preview]

Henderson, Vernon; Storeygard, Adam and Weil, David Nathan: Measuring Economic Growth from Outer Space [Preview]

Herold, Florian: Carrot or Stick: The Evolution of Reciprocal Preferences in a Haystack Model [Preview]

Ho, Justin; Ho, Katherine and Mortimer, Julie Holland: The Use of Full-line Forcing Contracts in the Video Rental Industry [Preview]

Hornbeck, Richard: The Enduring Impact of the American Dust Bowl: Short and Long-run Adjustments to Environmental Catastrophe [Preview]

Houde, Jean-Francois: Spatial Differentiation and Vertical Mergers in Retail Markets for Gasoline [Preview]

Huggett, Mark; Ventura, Gustavo and Yaron, Amir: Sources of Lifetime Inequality [Preview]

Iaryczower, Matias and Shum, Matthew: The Value of Information in the Court. Get it Right, Keep it Tight [Preview]

Iizuka, Toshiaki: Physician Agency and Adoption of Generic Pharmaceuticals [Preview]

Inderst, Roman and Ottaviani, Marco: Competition through Commissions and Kickbacks [Preview]

Iyer, Rajkamal and Puri, Manju: Understanding Bank Runs: The Importance of Depositor-Bank Relationships and Networks

Jackson, Matthew O.; Rodriguez-Barraquer, Tomas and Tan, Xu: Social Capital and Social Quilts: Network Patterns of Favor Exchange

Jacob, Brian and Ludwig, Jens O.: The Effects of Housing Assistance on Labor Supply: Evidence from a Voucher Lottery [Preview]

Jeon, Doh-Shin and Menicucci, Domenico: Bundling and Competition for Slots [Preview]

Jermann, Urban and Quadrini, Vincenzo: Macroeconomic Effects of Financial Shocks [Preview]

Jin, Keyu: Industrial Structure and Capital Flows [Preview]

Kessler, Judd Benjamin and Roth, Alvin E.: Organ Allocation Policy and the Decision to Donate [Preview]

Ketcham, Jonathan; Lucarelli, Claudio; Miravete, Eugenio J. and Roebuck, M. Christopher: Sinking, Swimming, or Learning to Swim in Medicare Part D [Preview]

Kirchler, Michael; Huber, Juergen and Stöckl, Thomas: Thar She Bursts - Reducing Confusion Reduces Bubbles [Preview]

Kretschmer, Tobias; Miravete, Eugenio J. and Pernias, Jose: Competitive Pressure and the Adoption of Complementary Innovations [Preview]

Kugler, Adriana Debora; Imberman, Scott and Sacerdote, Bruce: Katrina's Children: Evidence on the Structure of Peer Effects from Hurricane Evacuees [Preview]

Lacetera, Nicola; Pope, Devin G. and Sydnor, Justin: Heuristic Thinking and Limited Attention in the Car Market [Preview]

Lochner, Lance and Dahl, Gordon: The Impact of Family Income on Child Achievement: Evidence from the Earned Income Tax Credit [Preview]

Long, Jason and Ferrie, Joseph: Intergenerational Occupational Mobility in Britain and the US Since 1850 [Preview]

Masatlioglu, Yusufcan; Nakajima, Daisuke and Ozbay, Erkut Y.: Revealed Attention [Preview]

Mazzocco, Maurizio and Saini, Shiv: Testing Efficient Risk Sharing with Heterogeneous Risk Preferences [Preview]

Michalopoulos, Stelios: The Origins of Ethnolinguistic Diversity [Preview]

Moscarini, Giuseppe and Postel-Vinay, Fabien: The Contribution of Large and Small Employers to Job Creation in Times of High and Low Unemployment [Preview]

Moser, Petra and Voena, Alessandra Maria: Compulsory Licensing: Evidence From The Trading With The Enemy Act [Preview]

Nakamura, Emi and Steinsson, Jon: Lost in Transit: Product Replacement Bias and Pricing to Market [Preview]

Neal, Derek Allen and Barlevy, Gadi: Pay for Percentile [Preview]

Ortoleva, Pietro: Modeling the Change of Paradigm: Non-Bayesian Reactions to Unexpected News [Preview]

Philippon, Thomas and Skreta, Vasiliki: Optimal Interventions in Markets with Adverse Selection [Preview]

Rahman, David: But Who Will Monitor the Monitor? [Preview]

Rockoff, Jonah E.; Staiger, Douglas O.; Kane, Thomas J. and Taylor, Eric S.: Information and Employee Evaluation: Evidence from a Randomized Intervention in Public Schools

Sakovics, Jozsef and Steiner, Jakub: Who Matters in Coordination Problems [Preview]

Simcoe, Timothy Sean: Standard Setting Committees [Preview]

Tirole, Jean: Overcoming Adverse Selection: How Public Intervention Can Restore Market Functioning [Preview]

Van Reenen, John Michael: Americans Do I.T. Better: US Multinationals and the Productivity Miracle [Preview]

Voors, Maarten J.; Nillesen, Eleonora E.M.; Verwimp, Philip; Bulte, Erwin H. and Lensink, Robert: Violent Conflict and Behavior: A Field Experiment in Burundi [Preview]

Williamson, Stephen: Liquidity, Monetary Policy, and the Financial Crisis: A New Monetarist Approach [Preview]

Woodward, Susan E. and Hall, Robert: Diagnosing Consumer Confusion and Sub-Optimal Shopping Effort: Theory and Mortgage-Market Evidence [Preview]

Shorter Papers

Almås, Ingvild: International Income Inequality: Measuring PPP Bias by Estimating Engel Curves for Food [Preview]

Alvarez, Fernando E.; Guiso, Luigi and Lippi, Francesco: Durable Consumption and Asset Management with Transaction and Observation Costs [Preview]

Anagol, Santosh and Kim, Hoikwang: The Impact of Shrouded Fees: Evidence from a Natural Experiment in the Indian Mutual Funds Market

Arad, Ayala and Rubinstein, Ariel: The 11-20 Money Request Game: A Level-k Reasoning Study [Preview]

Bacchetta, Philippe; Tille, Cedric and van Wincoop, Eric: Self-Fulfilling Risk Panics

Bar-Isaac, Heski; Caruana, Guillermo and Cuñat, Vicente: Search, Design, and Market Structure [Preview]

Bauer, Michal; Chytilová, Julie and Morduch, Jonathan: Behavioral Foundations of Microcredit: Experimental and Survey Evidence from Rural India [Preview]

Beaman, Lori A. and Magruder, Jeremy R.: Who Gets the Job Referral? Evidence from a Social Networks Experiment [Preview]

Benmelech, Efraim and Bergman, Nittai K.: Credit Traps

Bombardini, Matilde: Skill Dispersion and Trade Flows [Preview]

Card, David; Mas, Alexandre; Moretti, Enrico and Saez, Emmanuel: Inequality at Work: The Effect of Peer Salaries on Job Satisfaction [Preview]

Carlsson, Mikael and Skans, Oskar Nordström: Evaluating Microfoundations for Aggregate Price Rigidities: Evidence from Matched Firm-Level Data on Product Prices and Unit Labor Cost [Preview]

Charness, Gary; Cobo-Reyes, Ramon; Jimenez, Natalia; Lacomba, Juan A. and Lagos, Francisco: The Hidden Advantage of Delegation: Pareto-Improvements in a Gift-exchange Game [Preview]

Corsetti, Giancarlo and Konstantinou, Panagiotis: What Drives US Foreign Borrowing? Evidence on the External Adjustment to Transitory and Permanent Shocks [Preview]

Dafny, Leemore S.; Duggan, Mark G. and Ramanarayanan, Subramaniam: Paying a Premium on your Premium? Consolidation in the U.S. Health Insurance Industry [Preview]

De los Santos, Babur Ivan; Hortacsu, Ali and Wildenbeest, Matthijs: Testing Models of Consumer Search using Data on Web Browsing and Purchasing Behavior

Echenique, Federico: Contracts vs. Salaries in Matching [Preview]

Eggertsson, Gauti B.: Was the New Deal Contractionary? [Preview]

Eichner, Thomas and Runkel, Marco: Interjurisdictional Spillovers, Decentralized Policymaking, and the Elasticity of Capital Supply [Preview]

Faye, Michael and Niehaus, Paul F.: Political Aid Cycles [Preview]

Forman, Chris; Goldfarb,, Avi and Greenstein, Shane: The Internet and Local Wages: A Puzzle [Preview]

Fryer Jr., Roland G. and Levitt, Steven D.: Testing for Racial Differences in the Mental Ability of Young Children [Preview]

Gilchrist, Simon and Zakrajsek, Egon: Credit Spreads and Business Cycle Fluctuations [Preview]

Gorodnichenko, Yuriy; Mendoza, Enrique G. and Tesar, Linda: The Finnish Great Depression: From Russia with Love [Preview]

Graff Zivin, Joshua and Neidell, Matthew: The Impact of Pollution on Worker Productivity

Guadalupe, Maria; Kuzmina, Olga and Thomas, Catherine: Innovation and Foreign Ownership [Preview]

Hong, Jay H. and Rios-Rull, Jose-Victor: Life Insurance and Household Consumption

Jiménez, Gabriel; Ongena, Steven; Peydro, Jose-Luis and Saurina, Jesus: Credit Supply and Monetary Policy: Identifying the Bank Balance-Sheet Channel with Loan Applications [Preview]

Kube, Sebastian; Maréchal, Michel André and Puppe, Clemens: The Currency of Reciprocity - Gift-Exchange in the Workplace [Preview]

Martin, Alberto and Ventura, Jaume: Economic Growth with Bubbles [Preview]

Michaillat, Pascal: Do Matching Frictions Explain Unemployment? Not in Bad Times [Preview]

Pitt, Mark M.; Rosenzweig, Mark and Hassan, Nazmul Mohammed: Human Capital Investment and the Gender Division of Labor in a Brawn-Based Economy

Ravallion, Martin: Why Don't We See Poverty Convergence?

Schularick, Moritz and Taylor, Alan: Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870-2008 [Preview]

Swanson, Eric: Risk Aversion and the Labor Margin in Dynamic Equilibrium Models [Preview]

Taylor, Eric S. and Tyler, John H.: The Effect of Evaluation on Teacher Performance [Preview]

van Binsbergen, Jules; Brandt, Michael and Koijen, Ralph: On the Timing and Pricing of Dividends [Preview]

Comments and Replies

Abrevaya, Jason and Puzzello, Laura: Taxes, Cigarette Consumption, and Smoking Intensity: Comment [Preview]

Albouy, David Yves: The Colonial Origins of Comparative Development: An Empirical Investigation: Comment [Preview]

Fisher, Anthony; Hanemann, Michael; Roberts, Michael and Schlenker, Wolfram: The Economic Impacts of Climate Change: Evidence from Agricultural Output and Random Fluctuations in Weather: Comment [Preview]

Fraas, Arthur and Lutter, Randall: The Sign Matters Too: A Comment on “Efficient Pollution Regulation: Getting the Prices Right” [Preview]

Hout, Michael and Guest, Avery M.: Intergenerational Occupational Mobility in Britain and the U.S. Since 1850: Comment [Preview]

Muller, Nicholas Z. and Mendelsohn, Robert: Reply to a Comment on "Efficient Pollution Regulation: Getting the Prices Right" [Preview]

Plott, Charles R. and Zeiler, Kathryn: Endowment Effect Theory, Subject Misconceptions and Enhancement Effect Theory: A Reply to Isoni, Loomes and Sugden [Preview]

Xie, Yu and Killewald, Alexandra: Intergenerational Occupational Mobility in Britain and the US since 1850: Comment [Preview]

Corrigenda

Muller, Nicholas Z. and Mendelsohn, Robert: Mortality Rate Update for the Analysis Conducted in: “Efficient Pollution Regulation: Getting the Prices Right.” [Preview]









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Luigi Pistaferri assumed coeditorship January 6, 2012.

"Environmental Accounting for Pollution in the United States Economy," by Nicholas Muller, Robert Mendelsohn, and William Nordhaus, has been in high demand since its August 2011 publication. To encourage continued discussion, the AEA is proud to make this article complimentary through our website: [Full-Text Article][Executive Summary]

"Automobiles on Steroids: Product Attribute Trade-Offs and Technological Progress in the Automobile Sector," by Christopher R. Knittel, has received a considerable amount of pay per view activity since its appearance in the December 2011 AER. To encourage continued discussion, the AEA is proud to make this article complimentary through our website: [Full-Text Article][Executive Summary]

The American Economic Review's special edition centenary issue—Volume 101, Issue 1, February 2011—highlights the top 20 articles published in the journal during its first 100 years. [Press Release]

A special report of data replication of papers published in the AER is now available.

Andrzej Skrzypacz assumed coeditorship October 1, 2011.

Debraj Ray assumed coeditorship August 1, 2011.

Marianne Bertrand assumed coeditorship July 1, 2011.

The coeditors of the AER would like to acknowledge our Excellence in Refereeing Award recipients!

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