American Economic Review

Vol. 110 No. 6 June 2020

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Title

Abstract

Author

Front Matter

(pp. i-viii)

Articles

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

by Carlos Garriga and Aaron Hedlund

(pp. 1603-34)

Turnover Liquidity and the Transmission of Monetary Policy

by Ricardo Lagos and Shengxing Zhang

(pp. 1635-72)

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

by Jack Favilukis, Xiaoji Lin and Xiaofei Zhao

(pp. 1673-1712)

Expert-Captured Democracies

by Archishman Chakraborty, Parikshit Ghosh and Jaideep Roy

(pp. 1713-51)

Social Ties and the Selection of China's Political Elite

by Raymond Fisman, Jing Shi, Yongxiang Wang and Weixing Wu

(pp. 1752-81)

Revealed Preferences over Risk and Uncertainty

by 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

by Katherine Meckel

(pp. 1821-65)

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

by Matthew S. Johnson

(pp. 1866-1904)

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

by Alexander G. James and Brock Smith

(pp. 1905-13)

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

by James Feyrer, Erin Mansur and Bruce Sacerdote

(pp. 1914-20)

Report of Independent Auditor

(pp. 1921-35)