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The AEA is providing open access to all journal content on the AEA website through June 2020 to overcome any difficulties some may have accessing library subscriptions during these challenging times.

American Economic Review

Vol. 108 No. 3 March 2018

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Title

Abstract

Author

Front Matter (pp. i-vi)

Just Starting Out: Learning and Equilibrium in a New Market

Ulrich Doraszelski, Gregory Lewis and Ariel Pakes

(pp. 565-615)

The "Pupil" Factory: Specialization and the Production of Human Capital in Schools

Roland G. Fryer Jr.

(pp. 616-56)

Real Effects of Information Frictions: When the States and the Kingdom Became United

Claudia Steinwender

(pp. 657-96)

Monetary Policy According to HANK

Greg Kaplan, Benjamin Moll and Giovanni L. Violante

(pp. 697-743)

A Model of Trading in the Art Market

Stefano Lovo and Christophe Spaenjers

(pp. 744-74)

How Does Household Income Affect Child Personality Traits and Behaviors?

Randall Akee, William Copeland, E. Jane Costello and Emilia Simeonova

(pp. 775-827)

Advertising and Risk Selection in Health Insurance Markets

Naoki Aizawa and You Suk Kim

(pp. 828-67)

Disentangling the Effects of a Banking Crisis: Evidence from German Firms and Counties

Kilian Huber

(pp. 868-98)