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American Economic Review

Vol. 98, No. 4, September 2008


Articles


Leverage Cycles and the Anxious Economy (pp. 1211-44)
Ana Fostel and John Geanakoplos
Competition and Price Variation When Consumers Are Loss Averse (pp. 1245-68)
Paul Heidhues and Botond Koszegi
Behavioral Equilibrium in Economies with Adverse Selection (pp. 1269-91)
Ignacio Esponda
Language, Meaning, and Games: A Model of Communication, Coordination, and Evolution (pp. 1292-1311)
Stefano Demichelis and Jorgen W. Weibull
The Brain as a Hierarchical Organization (pp. 1312-46)
Isabelle Brocas and Juan D. Carrillo
How Strong Are Weak Patents? (pp. 1347-69)
Joseph Farrell and Carl Shapiro
Does Innovation Cause Stock Market Runups? Evidence from the Great Crash (pp. 1370-96)
Tom Nicholas
The Unequal Effects of Liberalization: Evidence from Dismantling the License Raj in India (pp. 1397-1412)
Philippe Aghion, Robin Burgess, Stephen J. Redding and Fabrizio Zilibotti
Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market (pp. 1413-42)
Asim Ijaz Khwaja and Atif Mian
The Power of Focal Points Is Limited: Even Minute Payoff Asymmetry May Yield Large Coordination Failures (pp. 1443-58)
Vincent P. Crawford, Uri Gneezy and Yuval Rottenstreich
Optimal Contracting with Endogenous Social Norms (pp. 1459-75)
Paul Fischer and Steven Huddart
Great Expectations and the End of the Depression (pp. 1476-1516)
Gauti B. Eggertsson
Explaining Changes in Female Labor Supply in a Life-Cycle Model (pp. 1517-52)
Orazio Attanasio, Hamish Low and Virginia Sanchez-Marcos
Giffen Behavior and Subsistence Consumption (pp. 1553-77)
Robert T. Jensen and Nolan H. Miller

Shorter Papers


Restructuring Research: Communication Costs and the Democratization of University Innovation (pp. 1578-90)
Ajay Agrawal and Avi Goldfarb
The Cycle of Violence? An Empirical Analysis of Fatalities in the Palestinian-Israeli Conflict (pp. 1591-1604)
David A. Jaeger and M. Daniele Paserman
The Relationship between Economic Status and Child Health: Evidence from the United States (pp. 1605-18)
Simon Condliffe and Charles R. Link
All-or-Nothing Monitoring (pp. 1619-28)
Rui R. Zhao
Commitment and Conflict in Bilateral Bargaining (pp. 1629-35)
Tore Ellingsen and Topi Miettinen
Leveling the Playing Field: Sincere and Sophisticated Players in the Boston Mechanism (pp. 1636-52)
Parag A. Pathak and Tayfun Sonmez
The Limited Influence of Unemployment on the Wage Bargain (pp. 1653-74)
Robert E. Hall and Paul R. Milgrom
Trade Policy and Loss Aversion (pp. 1675-91)
Caroline Freund and Caglar Ozden
The Cyclical Behavior of Equilibrium Unemployment and Vacancies Revisited (pp. 1692-1706)
Marcus Hagedorn and Iourii Manovskii
Distorted Gravity: The Intensive and Extensive Margins of International Trade (pp. 1707-21)
Thomas Chaney
A Note on Different Approaches to Index Number Theory (pp. 1722-30)
Matthijs van Veelen and Roy van der Weide
Testing for a Reference Consumer in International Comparisons of Living Standards (pp. 1731-32)
Ian Crawford and J. Peter Neary