American Economic Review: Vol. 100 No. 2 (May 2010)

Editors' Introduction (page x)
William R. Johnson and Samantha Bennett
Abstract/Tools | Full-text Article
Foreword (pp. xi-xii)
Robert E. Hall
Abstract/Tools | Full-text Article

Papers: Richard T. Ely Lecture

Computer Mediated Transactions (pp. 1-10)
Hal R. Varian
Abstract/Tools | Full-text Article

Papers: Revisiting and Rethinking the Business Cycle

Okun's Law and Productivity Innovations (pp. 11-15)
Robert J. Gordon
Abstract/Tools | Full-text Article

Papers: Understanding the Impact of Fiscal Policy

Some Fiscal Calculus (pp. 30-34)
Harald Uhlig
Abstract/Tools | Full-text Article | Download Data Set (26.12 KB)
Debt Consolidation and Fiscal Stabilization of Deep Recessions (pp. 41-45)
Giancarlo Corsetti, Keith Kuester, André Meier and Gernot J. Müller
Abstract/Tools | Full-text Article

Papers: Banking and Securitization

Asset Fire Sales and Credit Easing (pp. 46-50)
Andrei Shleifer and Robert W. Vishny
Abstract/Tools | Full-text Article
Loan Syndication and Credit Cycles (pp. 57-61)
Victoria Ivashina and David Scharfstein
Abstract/Tools | Full-text Article

Papers: Economic Growth and Open-Economy Macroeconomics

Growth, Size, and Openness: A Quantitative Approach (pp. 62-67)
Natalia Ramondo and Andrés Rodríguez-Clare
Abstract/Tools | Full-text Article | Online Appendix (80.94 KB)

Papers: Growth in a Partially De-Globalized World

Political Limits to Globalization (pp. 83-88)
Daron Acemoglu and Pierre Yared
Abstract/Tools | Full-text Article

Papers: Measuring Intangible Capital

How Do You Measure a "Technological Revolution"? (pp. 99-104)
Carol A. Corrado and Charles R. Hulten
Abstract/Tools | Full-text Article | Online Appendix (155.78 KB)
New Approaches to Surveying Organizations (pp. 105-09)
Nicholas Bloom and John Van Reenen
Abstract/Tools | Full-text Article
Creating Property Rights: Land Banks in Ghana (pp. 130-34)
Ernest Aryeetey and Christopher Udry
Abstract/Tools | Full-text Article

Papers: Development, Culture, and Institutions

Cultural and Institutional Bifurcation: China and Europe Compared (pp. 135-40)
Avner Greif and Guido Tabellini
Abstract/Tools | Full-text Article

Papers: Innovation and Open Science

The Public and Private Sectors in the Process of Innovation: Theory and Evidence from the Mouse Genetics Revolution (pp. 153-58)
Philippe Aghion, Mathias Dewatripont, Julian Kolev, Fiona Murray and Scott Stern
Abstract/Tools | Full-text Article
Network Effects in Biology R&D (pp. 159-64)
Joachim Henkel and Stephen M. Maurer
Abstract/Tools | Full-text Article

Papers: Agriculture and Energy: New Direct and Indirect Links Can Lead to Unintended Consequences

Economywide Implications from US Bioenergy Expansion (pp. 172-77)
Mark Gehlhar, Agapi Somwaru, Peter B. Dixon, Maureen T. Rimmer and Ashley R. Winston
Abstract/Tools | Full-text Article
Ethanol Policy Effects on U.S. Natural Gas Prices and Quantities (pp. 178-82)
Jarrett Whistance, Wyatt W. Thompson and Seth D. Meyer
Abstract/Tools | Full-text Article
Are Biofuels the Culprit? OPEC, Food, and Fuel (pp. 183-87)
Gal Hochman, Deepak Rajagopal and David Zilberman
Abstract/Tools | Full-text Article

Papers: Human Capital, Health Outcomes, and Inequality

The Health Returns of Education Policies from Preschool to High School and Beyond (pp. 188-94)
Rucker C. Johnson
Abstract/Tools | Full-text Article

Papers: Human Capital, Work, and Outcomes

Investment in General Human Capital and Turnover Intention (pp. 209-13)
Colleen Flaherty Manchester
Abstract/Tools | Full-text Article
Stop the Clock Policies and Career Success in Academia (pp. 219-23)
Colleen Flaherty Manchester, Lisa M. Leslie and Amit Kramer
Abstract/Tools | Full-text Article

Papers: New Directions in the Economic Analysis of Human Capital

The Market for College Graduates and the Worldwide Boom in Higher Education of Women (pp. 229-33)
Gary S. Becker, William H. J. Hubbard and Kevin M. Murphy
Abstract/Tools | Full-text Article
The Education-Health Gradient (pp. 234-38)
Gabriella Conti, James Heckman and Sergio Urzua
Abstract/Tools | Full-text Article
Inputs and Impacts in Charter Schools: KIPP Lynn (pp. 239-43)
Joshua D. Angrist, Susan M. Dynarski, Thomas J. Kane, Parag A. Pathak and Christopher R. Walters
Abstract/Tools | Full-text Article

Papers: Implicit Measurement of Teacher Quality

Using Performance on the Job to Inform Teacher Tenure Decisions (pp. 250-55)
Dan Goldhaber and Michael Hansen
Abstract/Tools | Full-text Article
Using Student Performance Data to Identify Effective Classroom Practices (pp. 256-60)
John H. Tyler, Eric S. Taylor, Thomas J. Kane and Amy L. Wooten
Abstract/Tools | Full-text Article

Papers: Research in Economic Education

Achievement Goals, Locus of Control, and Academic Success in Economics (pp. 272-76)
Lester Hadsell
Abstract/Tools | Full-text Article
The Effectiveness of Peer Tutoring on Student Achievement at the University Level (pp. 277-82)
Vincent G. Munley, Eoghan Garvey and Michael J. McConnell
Abstract/Tools | Full-text Article | Download Data Set (293.39 KB) | Online Appendix (68.55 KB)

Papers: The Massachusetts Health Insurance Experiment: Early Experiences

How Sensitive Are Low Income Families to Health Plan Prices? (pp. 292-96)
David Chan and Jonathan Gruber
Abstract/Tools | Full-text Article
Patient Cost Sharing in Low Income Populations (pp. 303-08)
Amitabh Chandra, Jonathan Gruber and Robin McKnight
Abstract/Tools | Full-text Article

Papers: Migration and The US Labor Market

Culture and Intraracial Wage Inequality among America's African Diaspora (pp. 309-15)
Patrick L. Mason
Abstract/Tools | Full-text Article
The Effect of Migration on Wages: Evidence from a Natural Experiment (pp. 321-26)
Dakshina G. De Silva, Robert P. McComb, Young-Kyu Moh, Anita R. Schiller and Andres J. Vargas
Abstract/Tools | Full-text Article | Download Data Set (19.45 MB)

Papers: Equilibrium Consequences of Search on the Job

Directed Search on the Job, Heterogeneity, and Aggregate Fluctuations (pp. 327-32)
Guido Menzio and Shouyong Shi
Abstract/Tools | Full-text Article | Online Appendix (69.67 KB)
Unemployment and Small Cap Returns: The Nexus (pp. 333-37)
Giuseppe Moscarini and Fabien Postel-Vinay
Abstract/Tools | Full-text Article

Papers: Gender, Jobs, Success, and Placement

Can Mentoring Help Female Assistant Professors? Interim Results from a Randomized Trial (pp. 348-52)
Francine D. Blau, Janet M. Currie, Rachel T. A. Croson and Donna K. Ginther
Abstract/Tools | Full-text Article
Gender Differences in Wealth at Retirement (pp. 362-67)
Urvi Neelakantan and Yunhee Chang
Abstract/Tools | Full-text Article

Papers: Housing and Labor Markets

Dynamic Asset Pricing in a System of Local Housing Markets (pp. 368-72)
Patrick Bayer, Bryan Ellickson and Paul B. Ellickson
Abstract/Tools | Full-text Article

Papers: Capital Flows, Contagion, and Regulatory Responses

Risk and Global Economic Architecture: Why Full Financial Integration May Be Undesirable (pp. 388-92)
Joseph E. Stiglitz
Abstract/Tools | Full-text Article
Decoupling and Recoupling (pp. 393-97)
Anton Korinek, Agustin Roitman and Carlos A. Végh
Abstract/Tools | Full-text Article

Papers: Intermediation in International Trade

Wholesalers and Retailers in US Trade (pp. 408-13)
Andrew B. Bernard, J. Bradford Jensen, Stephen J. Redding and Peter K. Schott
Abstract/Tools | Full-text Article
Facts and Figures on Intermediated Trade (pp. 419-23)
Bernardo S. Blum, Sebastian Claro and Ignatius Horstmann
Abstract/Tools | Full-text Article
Intermediation and Economic Integration (pp. 424-28)
Pol Antrás and Arnaud Costinot
Abstract/Tools | Full-text Article

Papers: Trade and the Internal Organization of Firms

Trading Favors within Chinese Business Groups (pp. 429-33)
Raymond Fisman and Yongxiang Wang
Abstract/Tools | Full-text Article
Does Product Market Competition Lead Firms to Decentralize? (pp. 434-38)
Nicholas Bloom, Raffaella Sadun and John Van Reenen
Abstract/Tools | Full-text Article
Intrafirm Trade and Product Contractibility (pp. 444-48)
Andrew B. Bernard, J. Bradford Jensen, Stephen J. Redding and Peter K. Schott
Abstract/Tools | Full-text Article

Papers: Trade and Climate Change

Can Openness Mitigate the Effects of Weather Shocks? Evidence from India's Famine Era (pp. 449-53)
Robin Burgess and Dave Donaldson
Abstract/Tools | Full-text Article
Climate Shocks and Exports (pp. 454-59)
Benjamin F. Jones and Benjamin A. Olken
Abstract/Tools | Full-text Article
Oil Monopoly and the Climate (pp. 460-64)
John Hassler, Per Krusell and Conny Olovsson
Abstract/Tools | Full-text Article
Trade and Carbon Taxes (pp. 465-69)
Joshua Elliott, Ian Foster, Samuel Kortum, Todd Munson, Fernando Pérez Cervantes and David Weisbach
Abstract/Tools | Full-text Article

Papers: Competition and Market Structure

"One Discriminatory Rent" or "Double Jeopardy": Multicomponent Negotiation for New Car Purchases (pp. 470-74)
Meghan R. Busse and Jorge M. Silva-Risso
Abstract/Tools | Full-text Article | Online Appendix (72.91 KB)

Papers: Mortgage Market and the Financial Crisis

What "Triggers" Mortgage Default? (pp. 490-94)
Ronel Elul, Nicholas S. Souleles, Souphala Chomsisengphet, Dennis Glennon and Robert Hunt
Abstract/Tools | Full-text Article
Learning to Cope: Voluntary Financial Education and Loan Performance during a Housing Crisis (pp. 495-500)
Sumit Agarwal, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet and Douglas D. Evanoff
Abstract/Tools | Full-text Article | Online Appendix (16.99 KB)
Issuer Credit Quality and the Price of Asset Backed Securities (pp. 501-05)
Oliver Faltin-Traeger, Kathleen W. Johnson and Christopher Mayer
Abstract/Tools | Full-text Article | Online Appendix (122.23 KB)
Statistical Default Models and Incentives (pp. 506-10)
Uday Rajan, Amit Seru and Vikrant Vig
Abstract/Tools | Full-text Article | Online Appendix (57.53 KB)

Papers: Asset Pricing: New Risk Channels

Affine Disagreement and Asset Pricing (pp. 522-26)
Hui Chen, Scott Joslin and Ngoc-Khanh Tran
Abstract/Tools | Full-text Article
Growth Opportunities and Technology Shocks (pp. 532-36)
Leonid Kogan and Dimitris Papanikolaou
Abstract/Tools | Full-text Article | Download Data Set (42.96 MB)
Confidence Risk and Asset Prices (pp. 537-41)
Ravi Bansal and Ivan Shaliastovich
Abstract/Tools | Full-text Article

Papers: Long Run Risks and Asset Markets

Long Run Risks, the Macroeconomy, and Asset Prices (pp. 542-46)
Ravi Bansal, Dana Kiku and Amir Yaron
Abstract/Tools | Full-text Article
Long Run Risks, Credit Markets, and Financial Structure (pp. 547-51)
Harjoat S. Bhamra, Lars-Alexander Kuehn and Ilya A. Strebulaev
Abstract/Tools | Full-text Article
Long Run Risk, the Wealth-Consumption Ratio, and the Temporal Pricing of Risk (pp. 552-56)
Ralph S. J. Koijen, Hanno Lustig, Stijn Van Nieuwerburgh and Adrien Verdelhan
Abstract/Tools | Full-text Article | Online Appendix (250.30 KB)

Papers: International Financial Markets

Global Interest Rates, Currency Returns, and the Real Value of the Dollar (pp. 562-67)
Charles Engel and Kenneth D. West
Abstract/Tools | Full-text Article
Growth in a Time of Debt (pp. 573-78)
Carmen M. Reinhart and Kenneth S. Rogoff
Abstract/Tools | Full-text Article

Papers: Demand and Supply for Government Bonds

Interest Rate Risk in Credit Markets (pp. 579-84)
Monika Piazzesi and Martin Schneider
Abstract/Tools | Full-text Article
Price Pressure in the Government Bond Market (pp. 585-90)
Robin Greenwood and Dimitri Vayanos
Abstract/Tools | Full-text Article
Repo Market Effects of the Term Securities Lending Facility (pp. 591-96)
Michael J. Fleming, Warren B. Hrung and Frank M. Keane
Abstract/Tools | Full-text Article

Papers: Designing Online Advertising Markets

Optimal Auction Design and Equilibrium Selection in Sponsored Search Auctions (pp. 597-602)
Benjamin Edelman and Michael Schwarz
Abstract/Tools | Full-text Article | Online Appendix (121.55 KB)

Papers: Field Experiments in Firms

Wage Subsidies for Microenterprises (pp. 614-18)
Suresh de Mel, David McKenzie and Christopher Woodruff
Abstract/Tools | Full-text Article
Why Do Firms in Developing Countries Have Low Productivity? (pp. 619-23)
Nicholas Bloom, Aprajit Mahajan, David McKenzie and John Roberts
Abstract/Tools | Full-text Article
Self-Control and the Development of Work Arrangements (pp. 624-28)
Supreet Kaur, Michael Kremer and Sendhil Mullainathan
Abstract/Tools | Full-text Article
What Capital Is Missing in Developing Countries? (pp. 629-33)
Miriam Bruhn, Dean Karlan and Antoinette Schoar
Abstract/Tools | Full-text Article

Proceedings: Minutes of the Annual Meeting

Minutes of the Annual Meeting: Atlanta, GA, January 4, 2010 (pp. 637-38)
John J. Siegfried
Abstract/Tools | Full-text Article

Proceedings: Reports

Report of the Secretary for 2009 (pp. 639-42)
John J. Siegfried
Abstract/Tools | Full-text Article
Committee on Government Relations (pp. 715-17)
Katherine G. Abraham
Abstract/Tools | Full-text Article (Complimentary)


American Economic Review


Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

AER - All Issues

AER - Forthcoming Articles

Virtual Field Journals


AEA Member Login:


AEAweb | AEA Journals | Contact Us