The American Economic Review

The American Economic Review is a general-interest economics journal. Established in 1911, the AER is among the nation's oldest and most respected scholarly journals in the economics profession and is celebrating over 100 years of publishing! The journal publishes 11 issues containing articles on a broad range of topics as well as the Papers and Proceedings issue in May, which presents selected papers from the AEA's annual meeting along with the reports of officers and committees.

Current Issue: Volume 105, Issue 11, November 2015

Special Announcement to Authors:
Effective July 1, 2012

Beginning July 1, 2012, all submissions to AEA journals, including revisions of previously submitted papers, must be accompanied by a Disclosure Statement. This is applicable even when the authors have no relevant interests to disclose. Authors will need to provide a separate Disclosure Statement for each coauthor at the time of submission. Submissions that do not include the statements will be considered incomplete and will not be reviewed. Please see the complete Disclosure Policy.

Editorial Staff

Pinelopi Koujianou Goldberg
Yale University

Mark Aguiar,
Princeton University
Roland Bénabou,
Princeton University
Marianne Bertrand,
University of Chicago
Hilary Hoynes,
University of California, Berkeley
John Leahy,
University of Michigan
Luigi Pistaferri,
Stanford University
Debraj Ray,
New York University
Larry Samuelson,
Yale University

Steve Stelling
Managing Editor

Kelly Markel
Associate Managing Editor

Matthew A. Roberson
Assistant Managing Editor

Taylor Grieshober
Erin K. Mulhern
Editorial Assistants


Correspondence Regarding Submissions:

2403 Sidney Street, Suite 260
Pittsburgh, PA 15203

Phone: 412-432-2300
Fax: 412-431-3014
Email: info "at"

Papers and Proceedings Editor:
William R. Johnson, University of Virginia

Papers and Proceedings Correspondence:
Phone: 412-432-5738
Email: pandp "at"

AER Board of Editors

Nageeb Ali
Manuel Amador
Marco Bassetto
Simon Board
Leah Boustan
Craig Burnside
Ariel Burstein
Steven Callander
Sylvain Chassang
Arnaud Costinot
Matthias Doepke
Dave Donaldson
Jeffrey Ely
Dirk Engelmann
Timothy Feddersen
Roland Fryer
Gautam Gowrisankaran
Veronica Guerrieri
Eric Hurst
Seema Jayachandran
Navin Kartik
Brian Knight
Arvind Krishnamurthy
Gilat Levy
Bart Lipman
Hamish Low
Jens Ludwig
Dilip Mookherjee
Giuseppe Moscarini
Philip Oreopoulos
Ted O'Donoghue
Jonathan Parker
Parag Pathak
Nina Pavcnik
Fabrizio Perri
Jesse Rothstein
Edward Schlee
Rajiv Sethi
Jón Steinsson
Amir Sufi
Christopher Timmins
Sarah Turner
Eric Verhoogen
Leeat Yariv

Past Editors and Coeditors of the
American Economic Review


The American Economic Review

Report of the Editor


AEA Disclosure Policy

Information for Authors

Information for Reviewers

Papers and Proceedings

Subscription Information

Issues and Articles

November 2015 AER

Previous Issues

Forthcoming Articles

Search Articles

Full Issue PDF Download


eTOC Alert for AER

Follow us on Twitter

SGML Encoded Citations

Virtual Field Journals

Athens Login (for Athens Subscribers only)


Roland Benabou joined the AER Editorial Board as coeditor, October 1, 2014.

John Leahy will join the AER Editorial Board as Coeditor, effective January 1, 2015.

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

Contact Us