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Journal of Economic Perspectives

Vol. 24, No. 1, Winter 2010


Front Matter (pp. i-vi)
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Symposium: Financial Plumbing



How Debt Markets Have Malfunctioned in the Crisis (pp. 3-28)
Arvind Krishnamurthy
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When Safe Proved Risky: Commercial Paper during the Financial Crisis of 2007-2009 (pp. 29-50)
Marcin Kacperczyk and Philipp Schnabl
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The Failure Mechanics of Dealer Banks (pp. 51-72)
Darrell Duffie
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Credit Default Swaps and the Credit Crisis (pp. 73-92)
Rene M. Stulz
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Did Fair-Value Accounting Contribute to the Financial Crisis? (pp. 93-118)
Christian Laux and Christian Leuz
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Symposium: Retirement and Work Choices



Mental Retirement (pp. 119-38)
Susann Rohwedder and Robert J. Willis

How Longer Work Lives Ease the Crunch of Population Aging (pp. 139-60)
Nicole Maestas and Julie Zissimopoulos
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What the Stock Market Decline Means for the Financial Security and Retirement Choices of the Near-Retirement Population (pp. 161-82)
Alan L. Gustman, Thomas L. Steinmeier and Nahid Tabatabai
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Articles



Economic Theory and the World of Practice: A Celebration of the (S, s) Model (pp. 183-202)
Andrew Caplin and John Leahy
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Why Do Management Practices Differ across Firms and Countries? (pp. 203-24)
Nicholas Bloom and John Van Reenen
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Features



Retrospectives: Engel Curves (pp. 225-40)
Andreas Chai and Alessio Moneta
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Recommendations for Further Reading (pp. 241-48)
Timothy Taylor
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Notes (pp. 249-250)
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