Front Matter
(pp. i-x)
American Economic Review
Vol. 91 No. 2 May 2001
Find articles in this issue
Struggling to Understand the Stock Market
(pp. 1-11)
Human Capital and Growth
(pp. 12-17)
The Legacy of U.S. Educational Leadership: Notes on Distribution and Economic Growth in the 20th Century
(pp. 18-23)
Black-White Achievement Differences and Governmental Interventions
(pp. 24-28)
Input Trade and the Location of Production
(pp. 29-33)
Why Did Productivity Fall So Much during the Great Depression?
(pp. 34-38)
Market Trade in Patents and the Rise of a Class of Specialized Inventors in the 19th-Century United States
(pp. 39-44)
Sharing Ambiguity
(pp. 45-50)
Pitfalls of a Minimax Approach to Model Uncertainty
(pp. 51-54)
Minimax Estimation and Forecasting in a Stationary Autoregression Model
(pp. 55-59)
Robust Control and Model Uncertainty
(pp. 60-66)
Do People Mean What They Say? Implications for Subjective Survey Data
(pp. 67-72)
In Search of Homo Economicus: Behavioral Experiments in 15 Small-Scale Societies
(pp. 73-78)
Growing Up in the Projects: The Economic Lives of a Cohort of Men Who Came of Age in Chicago Public Housing
(pp. 79-84)
Youth Smoking in the 1990's: Why Did It Rise and What Are the Long-Run Implications?
(pp. 85-90)
Behavior Policies and Teen Traffic Safety
(pp. 91-96)
Going to College to Avoid the Draft: The Unintended Legacy of the Vietnam War
(pp. 97-102)
Designing Programs for Heterogeneous Populations: The Value of Covariate Information
(pp. 103-106)
Policy-Relevant Treatment Effects
(pp. 107-111)
Reconciling Conflicting Evidence on the Performance of Propensity-Score Matching Methods
(pp. 112-118)
Propensity-Score Matching with Instrumental Variables
(pp. 119-124)
Interactions between Unmarried Fathers and Their Children: The Role of Paternity Establishment and Child-Support Policies
(pp. 125-129)
The Effect of Child-Support Policies on Visitations and Transfers
(pp. 130-134)
New Estimates of the Impact of Child Disability on Maternal Employment
(pp. 135-139)
Signals of Child Achievement as Determinants of Child Support
(pp. 140-144)
The Importance of Noncognitive Skills: Lessons from the GED Testing Program
(pp. 145-149)
As Ye Sweep, So Shall Ye Reap
(pp. 150-154)
Incentive-Enhancing Preferences: Personality, Behavior, and Earnings
(pp. 155-158)
Understanding, Speaking, Reading, Writing, and Earnings in the Immigrant Labor Market
(pp. 159-163)
Black-White Earnings Differentials: Privatization versus Deregulation
(pp. 164-168)
Market Structure and Racial Earnings: Evidence from Job-Changers
(pp. 169-173)
Racial Differences in Transportation Access to Employment in Chicago and Los Angeles, 1980 and 1990
(pp. 174-177)
Annual Income and Identity Formation among Persons of Mexican Descent
(pp. 178-183)
Assessing the Property Rights and Transaction-Cost Theories of Firm Scope
(pp. 184-188)
Empirical Strategies in Contract Economics: Information and the Boundary of the Firm
(pp. 189-194)
Do Firm Boundaries Matter?
(pp. 195-199)
Organizational Design: Decision Rights and Incentive Contracts
(pp. 200-205)
The Influence of the Financial Revolution on the Nature of Firms
(pp. 206-211)
Bringing the Market inside the Firm?
(pp. 212-218)
Interest Rates and Inflation
(pp. 219-225)
NAIRU Uncertainty and Nonlinear Policy Rules
(pp. 226-231)
The Taylor Rule and Optimal Monetary Policy
(pp. 232-237)
Fewer Monies, Better Monies
(pp. 238-242)
Why Not a Global Currency?
(pp. 243-247)
Optimal Monetary Policy in Open versus Closed Economies: An Integrated Approach
(pp. 248-252)
Should Central Banks Respond to Movements in Asset Prices?
(pp. 253-257)
Should Monetary Policy Respond Strongly to Output Gaps?
(pp. 258-262)
The Role of the Exchange Rate in Monetary-Policy Rules
(pp. 263-267)
Price and Quality of Desktop and Mobile Personal Computers: A Quarter-Century Historical Overview
(pp. 268-273)
The Acceleration of Variety Growth
(pp. 274-280)
Productivity Change in Health Care
(pp. 281-286)
Internet Peering
(pp. 287-291)
Advances in Routing Technologies and Internet Peering Agreements
(pp. 292-296)
Access Pricing, Bypass, and Universal Service
(pp. 297-301)
Cable Modems and DSL: Broadband Internet Access for Residential Customers
(pp. 302-307)
Do We Have a New E-conomy?
(pp. 308-312)
Projecting the Economic Impact of the Internet
(pp. 313-317)
E-Commerce: Measurement and Measurement Issues
(pp. 318-322)
Schooling Data, Technological Diffusion, and the Neoclassical Model
(pp. 323-327)
Cross-Country Technology Diffusion: The Case of Computers
(pp. 328-335)
Why Wait? A Century of Life before IPO
(pp. 336-341)
Appeasement: Can It Work?
(pp. 342-346)
The Creation of Effective Property Rights
(pp. 347-352)
Guns, Butter, and Openness: On the Relationship between Security and Trade
(pp. 353-357)
Commercial Policy in a "Fragmented" World
(pp. 358-362)
The Role of International Fragmentation in the Development Process
(pp. 363-366)
Trade and Exposure
(pp. 367-370)
International Trade and Business Cycles: Is Vertical Specialization the Missing Link?
(pp. 371-375)
Coping with Terms-of-Trade Shocks: Pegs versus Floats
(pp. 376-380)
Dollarization
(pp. 381-385)
National Money as a Barrier to International Trade: The Real Case for Currency Union
(pp. 386-390)
Exchange-Rate Hedging: Financial versus Operational Strategies
(pp. 391-395)
A Reexamination of Exchange-Rate Exposure
(pp. 396-399)
Gender Differences in the Labor-Market Effects of the Dollar
(pp. 400-405)
The Empirical Importance of Precautionary Saving
(pp. 406-412)
How Important Are Idiosyncratic Shocks? Evidence from Labor Supply
(pp. 413-417)
Interest Elasticity in a Life-Cycle Model with Precautionary Savings
(pp. 418-421)
Banks and Liquidity
(pp. 422-425)
Venture Capitals As Principals: Contracting, Screening, and Monitoring
(pp. 426-430)
A Reason for Quantity Regulation
(pp. 431-435)
Financial Intermediation without Exclusivity
(pp. 436-439)
Research in Economic Education: Five New Initiatives
(pp. 440-445)
Teaching Economics at the Start of the 21st Century: Still Chalk-and-Talk
(pp. 446-451)
Assessing the Economic Understanding of U.S. High School Students
(pp. 452-457)
Minutes of the Annual Meeting
(pp. 461-462)
Minutes of the Executive Committee Meetings
(pp. 462-471)
Report of the Secretary for 2000
(pp. 472-474)
Report of the Treasurer for the Year Ending December 31, 2000
(p. 475)
Report of the Finance Committee
(p. 476)
Report of the Editor: American Economic Review
(pp. 477-485)
Report of the Editor: Journal of Economic Literature
(pp. 486-488)
Report of the Editor: Journal of Economic Perspectives
(pp. 489-491)
Report of the Director: Job Openings for Economists
(pp. 492-494)
Report of the Committee on Economic Education
(pp. 495-496)
Report of the Committee on the Status of Minority Groups in the Economics Profession
(pp. 497-501)
Report of the Committee on the Status of Women in the Economics Profession
(pp. 502-507)
Report of the Search Committee for the Editor of the AER
(p. 508)
American Economic Association Universal Academic Questionnaire Summary Statistics
(pp. 509-511)