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

American Economic Review

Vol. 110 No. 6 June 2020

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Title

Abstract

Author

Front Matter (pp. i-viii)

Mortgage Debt, Consumption, and Illiquid Housing Markets in the Great Recession

Carlos Garriga and Aaron Hedlund

(pp. 1603-34)

Turnover Liquidity and the Transmission of Monetary Policy

Ricardo Lagos and Shengxing Zhang

(pp. 1635-72)

The Elephant in the Room: The Impact of Labor Obligations on Credit Markets

Jack Favilukis, Xiaoji Lin and Xiaofei Zhao

(pp. 1673-1712)

Expert-Captured Democracies

Archishman Chakraborty, Parikshit Ghosh and Jaideep Roy

(pp. 1713-51)

Social Ties and the Selection of China's Political Elite

Raymond Fisman, Jing Shi, Yongxiang Wang and Weixing Wu

(pp. 1752-81)

Revealed Preferences over Risk and Uncertainty

Matthew Polisson, John K.-H. Quah and Ludovic Renou

(pp. 1782-1820)

Is the Cure Worse Than the Disease? Unintended Effects of Payment Reform in a Quantity-Based Transfer Program

Katherine Meckel

(pp. 1821-65)

Regulation by Shaming: Deterrence Effects of Publicizing Violations of Workplace Safety and Health Laws

Matthew S. Johnson

(pp. 1866-1904)

Geographic Dispersion of Economic Shocks: Evidence from the Fracking Revolution: Comment

Alexander G. James and Brock Smith

(pp. 1905-13)

Geographic Dispersion of Economic Shocks: Evidence from the Fracking Revolution: Reply

James Feyrer, Erin Mansur and Bruce Sacerdote

(pp. 1914-20)

Report of Independent Auditor (pp. 1921-35)