Search

Showing 341-360 of 516 items.

General versus Specific Skills in Labor Markets with Search Frictions and Firing Costs

By Etienne Wasmer

American Economic Review, June 2006

Human capital investments are not independent of the aggregate state of labor markets: frictions and slackness of the labor market raise the returns to specific human capital investments relative to general investments. We build a macroeconomic model with...

www.aeaweb.org/articles?id=10.1257/aer.96.3.811

The Determinants of Mortality

[Symposium: Disease and Development]

By David Cutler, Angus Deaton, and Adriana Lleras-Muney

Journal of Economic Perspectives, Summer 2006

The pleasures of life are worth nothing if one is not alive to experience them. Through the twentieth century in the United States and other high-income countries, growth in real incomes was accompanied by a historically unprecedented decline in mortality...

www.aeaweb.org/articles?id=10.1257/jep.20.3.97

Retrospectives: The Coining of "Privatization" and Germany's National Socialist Party

By Germá Bel

Journal of Economic Perspectives, Summer 2006

The concept of privatization attracted much attention in the late 1970s and early 1980s, as Margaret Thatcher's privatization policies were implemented in the United Kingdom. My goal here is not to comment on the merits of privatization as a policy, but r...

www.aeaweb.org/articles?id=10.1257/jep.20.3.187

Taxes, Cigarette Consumption, and Smoking Intensity

By Jérôme Adda and Francesca Cornaglia

American Economic Review, September 2006

This paper analyses the compensatory behavior of smokers. Exploiting data on cotinine concentrationa metabolite of nicotinemeasured in a large population of smokers over time, we show that smokers compensate for tax hikes by extracting more nicotin...

www.aeaweb.org/articles?id=10.1257/aer.96.4.1013

Stock Prices, News, and Economic Fluctuations

By Paul Beaudry and Franck Portier

American Economic Review, September 2006

We show that the joint behavior of stock prices and TFP favors a view of business cycles driven largely by a shock that does not affect productivity in the short run and therefore does not look like a standard technology shock but affects productivi...

www.aeaweb.org/articles?id=10.1257/aer.96.4.1293

Caps on Political Lobbying: Comment

By Todd R. Kaplan and David Wettstein

American Economic Review, September 2006

www.aeaweb.org/articles?id=10.1257/aer.96.4.1351

The London Congestion Charge

By Jonathan Leape

Journal of Economic Perspectives, Fall 2006

By the 1990s, the average speed of trips across London was below that at the beginning of the twentieth century -- before the car was introduced -- and by the end of that decade, public concern over levels of traffic congestion was high. In early 2003, Lo...

www.aeaweb.org/articles?id=10.1257/jep.20.4.157

Inequality Aversion, Efficiency, and Maximin Preferences in Simple Distribution Experiments: Comment

By Ernst Fehr, Michael Naef, and Klaus M. Schmidt

American Economic Review, December 2006

www.aeaweb.org/articles?id=10.1257/aer.96.5.1912

Inequality Aversion, Efficiency, and Maximin Preferences in Simple Distribution Experiments: Reply

By Dirk Engelmann and Martin Strobel

American Economic Review, December 2006

www.aeaweb.org/articles?id=10.1257/aer.96.5.1918

Storable Good Monopoly: The Role of Commitment

By Paolo Dudine, Igal Hendel, and Alessandro Lizzeri

American Economic Review, December 2006

We study dynamic monopoly pricing of storable goods in an environment where demand changes over time. The literature on durables has focused on incentives to delay purchases. Our analysis focuses on a different intertemporal demand incentive. The key f...

www.aeaweb.org/articles?id=10.1257/aer.96.5.1706

Household Expenditure and the Income Tax Rebates of 2001

By David S. Johnson, Jonathan A. Parker, and Nicholas S. Souleles

American Economic Review, December 2006

Using questions expressly added to the Consumer Expenditure Survey, we estimate the change in consumption expenditures caused by the 2001 federal income tax rebates and test the permanent income hypothesis. We exploit the unique, randomized timing of r...

www.aeaweb.org/articles?id=10.1257/aer.96.5.1589