Front Matter
(pp. i–xv)
American Economic Review
ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)
Vol. 105, No. 5, May 2015
Find articles in this issue
Foreword
(pp. xi–xii)
Editors' Introduction
(pp. xiii–xiv)
Behavioral Economics and Public Policy: A Pragmatic Perspective
(pp. 1–33)
Capital and Wealth in the Twenty-First Century
(pp. 34–37)
Capital Taxation in the Twenty-First Century
(pp. 38–42)
Yes, r > g. So What?
(pp. 43–47)
About Capital in the Twenty-First Century
(pp. 48–53)
Secular Stagnation: A Supply-Side View
(pp. 54–59)
Demand Side Secular Stagnation
(pp. 60–65)
Secular Stagnation: The Long View
(pp. 66–70)
Gary Becker as Teacher
(pp. 71–73)
Gary Becker: Model Economic Scientist
(pp. 74–79)
Gary Becker's Impact on Economics and Policy
(pp. 80–84)
Human Capital and Growth
(pp. 85–88)
Mathiness in the Theory of Economic Growth
(pp. 89–93)
Lessons from Schumpeterian Growth Theory
(pp. 94–99)
Globalization and Growth
(pp. 100–104)
Messaging and the Mandate: The Impact of Consumer Experience on Health Insurance Enrollment through Exchanges
(pp. 105–09)
Narrow Networks on the Health Insurance Exchanges: What Do They Look Like and How Do They Affect Pricing? A Case Study of Texas
(pp. 110–14)
Measuring Consumer Valuation of Limited Provider Networks
(pp. 115–19)
The Impact of Market Size and Composition on Health Insurance Premiums: Evidence from the First Year of the Affordable Care Act
(pp. 120–25)
The Effect of Unemployment Benefits on the Duration of Unemployment Insurance Receipt: New Evidence from a Regression Kink Design in Missouri, 2003-2013
(pp. 126–30)
Veterans' Labor Force Participation: What Role Does the VA's Disability Compensation Program Play?
(pp. 131–36)
Earnings, Disposable Income, and Consumption of Allowed and Rejected Disability Insurance Applicants
(pp. 137–41)
Recall Expectations and Duration Dependence
(pp. 142–46)
The Great Recession and Credit Trends across Income Groups
(pp. 147–53)
Heterogeneity in the Impact of Economic Cycles and the Great Recession: Effects within and across the Income Distribution
(pp. 154–60)
Changes in Safety Net Use during the Great Recession
(pp. 161–65)
Living Arrangements, Doubling Up, and the Great Recession: Was This Time Different?
(pp. 166–70)
The Effect of Extended Unemployment Insurance Benefits: Evidence from the 2012-2013 Phase-Out
(pp. 171–76)
Disability Insurance and the Great Recession
(pp. 177–82)
Deconstructing the Energy-Efficiency Gap: Conceptual Frameworks and Evidence
(pp. 183–86)
Tagging and Targeting of Energy Efficiency Subsidies
(pp. 187–91)
Limited Attention and the Residential Energy Efficiency Gap
(pp. 192–95)
Individual Time Preferences and Energy Efficiency
(pp. 196–200)
Are the Non-monetary Costs of Energy Efficiency Investments Large? Understanding Low Take-Up of a Free Energy Efficiency Program
(pp. 201–04)
Immigration Enforcement and Crime
(pp. 205–09)
Effects of Immigrant Legalization on Crime
(pp. 210–13)
The Criminal Justice Response to Policy Interventions: Evidence from Immigration Reform
(pp. 214–19)
The Long-Run Effect of Mexican Immigration on Crime in US Cities: Evidence from Variation in Mexican Fertility Rates
(pp. 220–25)
Growth, Pollution, and Life Expectancy: China from 1991-2012
(pp. 226–31)
Satellites, Self-Reports, and Submersion: Exposure to Floods in Bangladesh
(pp. 232–36)
Pay as You Go: Prepaid Metering and Electricity Expenditures in South Africa
(pp. 237–41)
Moving Up the Energy Ladder: The Effect of an Increase in Economic Well-Being on the Fuel Consumption Choices of the Poor in India
(pp. 242–46)
Convergence in Adaptation to Climate Change: Evidence from High Temperatures and Mortality, 1900-2004
(pp. 247–51)
Geography, Depreciation, and Growth
(pp. 252–56)
Tropical Economics
(pp. 257–61)
Federal Crop Insurance and the Disincentive to Adapt to Extreme Heat
(pp. 262–66)
Why Don't Present-Biased Agents Make Commitments?
(pp. 267–72)
Present Bias: Lessons Learned and to Be Learned
(pp. 273–79)
Judging Experimental Evidence on Dynamic Inconsistency
(pp. 280–85)
Loyalty, Exit, and Enforcement: Evidence from a Kenya Dairy Cooperative
(pp. 286–90)
Ex Post (In) Efficient Negotiation and Breakdown of Trade
(pp. 291–94)
The Catch-22 of External Validity in the Context of Constraints to Firm Growth
(pp. 295–99)
The Market for Training Services: A Demand Experiment with Bangladeshi Garment Factories
(pp. 300–304)
Lending Booms, Smart Bankers, and Financial Crises
(pp. 305–09)
Neglected Risks: The Psychology of Financial Crises
(pp. 310–14)
Do Strict Capital Requirements Raise the Cost of Capital? Bank Regulation, Capital Structure, and the Low-Risk Anomaly
(pp. 315–20)
Does a Bank's History Affect Its Risk-Taking?
(pp. 321–25)
Why Do Firms Have "Purpose"? The Firm's Role as a Carrier of Identity and Reputation
(pp. 326–30)
Organizational Culture and Performance
(pp. 331–35)
Corporate Culture, Societal Culture, and Institutions
(pp. 336–39)
Understanding Ethnic Identity in Africa: Evidence from the Implicit Association Test (IAT)
(pp. 340–45)
Religion and Innovation
(pp. 346–51)
Measuring Vote-Selling: Field Evidence from the Philippines
(pp. 352–56)
More Money, More Problems? Can High Pay Be Coercive and Repugnant?
(pp. 357–60)
Sacred Values? The Effect of Information on Attitudes toward Payments for Human Organs
(pp. 361–65)
Deciding When to Quit: Reference-Dependence over Slot Machine Outcomes
(pp. 366–70)
Testing for the Disposition Effect on Optimal Stopping Decisions
(pp. 371–75)
Loss Aversion in Post-Sale Purchases of Consumer Products and Their Substitutes
(pp. 376–80)
Bankruptcy Rates among NFL Players with Short-Lived Income Spikes
(pp. 381–84)
Principles of (Behavioral) Economics
(pp. 385–90)
Teaching a Behavioral Economics Elective: Highlighting the Science of Economics
(pp. 391–95)
Behavioral Economics and Public Policy 102: Beyond Nudging
(pp. 396–401)
Standing United or Falling Divided? High Stakes Bargaining in a TV Game Show
(pp. 402–07)
Cooperation in a Dynamic Fishing Game: A Framed Field Experiment
(pp. 408–13)
I Take Care of My Own: A Field Study on How Leadership Handles Conflict between Individual and Collective Incentives
(pp. 414–19)
Liquidity in Retirement Savings Systems: An International Comparison
(pp. 420–25)
The Composition Effect of Consumption around Retirement: Evidence from Singapore
(pp. 426–31)
Defined Contribution Pension Plans: Mutual Fund Asset Allocation Changes
(pp. 432–36)
The Retirement Consumption Puzzle in China
(pp. 437–41)
Do Private Equity Owned Firms Have Better Management Practices?
(pp. 442–46)
Formal Measures in Informal Management: Can a Balanced Scorecard Change a Culture?
(pp. 447–51)
The Real Effects of Relational Contracts
(pp. 452–56)
The Impact of Ethnic Diversity in Bureaucracies: Evidence from the Nigerian Civil Service
(pp. 457–61)
Do Natural Field Experiments Afford Researchers More or Less Control Than Laboratory Experiments?
(pp. 462–66)
Heterogeneous Treatment Effects in Impact Evaluation
(pp. 467–70)
Learning from Experiments When Context Matters
(pp. 471–75)
A Measure of Robustness to Misspecification
(pp. 476–80)
Machine Learning Methods for Demand Estimation
(pp. 481–85)
Post-Selection and Post-Regularization Inference in Linear Models with Many Controls and Instruments
(pp. 486–90)
Prediction Policy Problems
(pp. 491–95)
Can Online Learning Bend the Higher Education Cost Curve?
(pp. 496–501)
Evaluating Econometric Evaluations of Post-Secondary Aid
(pp. 502–07)
Connecting Student Loans to Labor Market Outcomes: Policy Lessons from Chile
(pp. 508–13)
What High-Achieving Low-Income Students Know about College
(pp. 514–17)
Factoryless Goods Producing Firms
(pp. 518–23)
How Well Is US Intrafirm Trade Measured?
(pp. 524–29)
Multinational Production: Data and Stylized Facts
(pp. 530–36)
Markup and Cost Dispersion across Firms: Direct Evidence from Producer Surveys in Pakistan
(pp. 537–44)
Informal Employment in a Growing and Globalizing Low-Income Country
(pp. 545–50)
Trade Liberalization and the Skill Premium: A Local Labor Markets Approach
(pp. 551–57)
History and the Sizes of Cities
(pp. 558–63)
Declining Mortality Inequality within Cities during the Health Transition
(pp. 564–69)
Killer Cities: Past and Present
(pp. 570–75)
The Impact of Temporary Protected Status on Immigrants' Labor Market Outcomes
(pp. 576–80)
The Labor Market Impacts of Forced Migration
(pp. 581–86)
The Impact of Economic Freedom on the Black/White Income Gap
(pp. 587–92)
Income Inequality, Capitalism, and Ethno-linguistic Fractionalization
(pp. 593–97)
Falling through the Cracks? Grade Retention and School Dropout among Children of Likely Unauthorized Immigrants
(pp. 598–603)
Academic Undermatching of High-Achieving Minority Students: Evidence from Race-Neutral and Holistic Admissions Policies
(pp. 604–10)
Household Asset Allocation, Offspring Education, and the Sandwich Generation
(pp. 611–15)
An A for Effort
(pp. 616–20)
Trust and Reciprocity between Spouses in India
(pp. 621–24)
Can Alcohol Prohibition Reduce Violence against Women?
(pp. 625–29)
The Labor Supply Effects of Delayed First Birth
(pp. 630–37)
Child Gender and Parental Inputs: No More Son Preference in Korea?
(pp. 638–43)
Demand Shocks and Open Economy Puzzles
(pp. 644–49)
Macroeconomic Uncertainty Indices Based on Nowcast and Forecast Error Distributions
(pp. 650–55)
FOMC Forward Guidance and Investor Beliefs
(pp. 656–61)
(Indirect) Input Linkages
(pp. 662–66)
Minutes of the Annual Business Meeting: Boston, MA, January 3, 2015
(pp. 669–70)
Report of the Secretary
(pp. 671–74)
Report of the Treasurer
(pp. 675–78)
American Economic Association Universal Academic Questionnaire Summary Statistics
(pp. 679–81)
List of Online Reports
(p. 682)
Minutes of the Meeting of the Executive Committee: Chicago, IL, April 17, 2014
(pp. 683–688)
Minutes of the Meeting of the Executive Committee: Boston, MA, January 2, 2015
(pp. 689–697)
Report of the Editor: American Economic Review
(pp. 698–710)
Report of the Editor: Journal of Economic Literature
(pp. 711–713)
Report of the Editor: Journal of Economic Perspectives
(pp. 714–716)
Report of the Editor: American Economic Journal: Applied Economics
(pp. 717–722)
Report of the Editor: American Economic Journal: Economic Policy
(pp. 723–726)
Report of the Editor: American Economic Journal: Macroeconomics
(pp. 727–731)
Report of the Editor: American Economic Journal: Microeconomics
(pp. 732–735)
Report of the Director: Job Openings for Economists
(pp. 736–738)
Report: Committee on Economic Education
(pp. 739–741)
Report: Committee on the Status of Women in the Economics Profession (CSWEP)
(pp. 742–761)
Report: Committee on the Status of Minority Groups in the Economic Profession (CSMGEP)
(pp. 762–774)
Report: American Economic Association Committee on Statistics (AEAStat)
(pp. 775–777)
Report: Committee on Government Relations
(pp. 778–780)