Distributional Effects of Globalization in Developing Countries

By Pinelopi Koujianou Goldberg and Nina Pavcnik

Journal of Economic Literature, March 2007

The authors discuss recent empirical research on how globalization has affected income inequality in developing countries. They begin with a discussion of conceptual issues regarding the measurement of globalization and inequality. Next, they present e...

Increasing Income Inequality, External Habits, and Self-Reported Happiness

By Karen E. Dynan and Enrichetta Ravina

American Economic Review, May 2007

The Effect of Child Gender on Parents' Labor Supply: An Examination of Natives, Immigrants, and their Children

By Sabrina Wulff Pabilonia and Jennifer Ward-Batts

American Economic Review, May 2007

Heterogeneity and Aggregation: Implications for Labor-Market Fluctuations

By Yongsung Chang and Sun-Bin Kim

American Economic Review, December 2007

We demonstrate that aggregate employment and consumption can increase without a corresponding movement in productivity in a model with heterogeneous agents where the only aggregate disturbance is a productivity shock. The interaction between incomplete ca...

The Winner's Curse and Public Information in Common Value Auctions: Reply

By Colin M. Campbell, John H. Kagel, and Dan Levin

American Economic Review, March 1999

Report of the Editor: Journal of Economic Perspectives

By David Autor

American Economic Review, May 2011

Overborrowing and Systemic Externalities in the Business Cycle

By Javier Bianchi

American Economic Review, December 2011

Credit constraints linking debt to market-determined prices embody a systemic credit externality that drives a wedge between competitive and constrained socially optimal equilibria, inducing private agents to overborrow. This externality arises because pr...

Erratum: Macroeconomic Effects of Financial Shocks

By Urban Jermann and Vincenzo Quadrini

American Economic Review, April 2012

Does State Fiscal Relief during Recessions Increase Employment? Evidence from the American Recovery and Reinvestment Act

By Gabriel Chodorow-Reich, Laura Feiveson, Zachary Liscow, and William Gui Woolston

American Economic Journal: Economic Policy, August 2012

The American Recovery and Reinvestment Act (ARRA) of 2009 included $88 billion of aid to state governments administered through the Medicaid reimbursement process. We examine the effect of these transfers on states' employment. Because state fiscal relief...

The Rise and Fall of Unions: The Public Sector and the Private

[Symposium: Explaining Savings]

By Melvin W. Reder

Journal of Economic Perspectives, Spring 1988

This paper has a single purpose: to explain why unionism (interpreted as percentage of union adherents among eligible employees) has been declining in the private sector for the past 30 to 35 years, but, for most of this period, has been increasing in the...

In Honor of Sandy Grossman, Winner of the John Bates Clark Medal

By David M. Kreps

Journal of Economic Perspectives, Spring 1988

Sandy Grossman, Professor of Economics at Princeton University, is the winner of the John Bates Clark Medal for 1987, given to "that American economist under forty who is adjudged to have made a significant contribution to economic thought and knowledge."...

Correspondence

By Herbert J. Kiesling

Journal of Economic Perspectives, Spring 1988

Correspondence and response regarding: Symposium on Tax Reform Evaluating Uncertain Evidence with Sir Thomas Bayes: A Note for Teachers Choice under Uncertainty: Problems Solved and Unsolved: Correspondence Anomalies

Symposium on the Slowdown in Productivity Growth

[Symposium: The Slowdown in Productivity Growth]

By Stanley Fischer

Journal of Economic Perspectives, Fall 1988

The growth slowdown that began in the late 1960s or early 1970s is the most significant macroeconomic development of the last two decades. The four papers in this symposium address the question of the causes of the growth slowdown and, to a lesser extent,...

Puzzles: The Other Person's Envelope Is Always Greener

By Barry Nalebuff

Journal of Economic Perspectives, Winter 1989

The Puzzles feature in this issue is devoted to answering a puzzle that appeared in the Spring 1988 issue: "The Other Person's Envelope is Always Greener." The response to this puzzle was overwhelming. Below, I recap the problem and then discuss the myria...

Recommendations for Further Reading

By Bernard Saffran

Journal of Economic Perspectives, Winter 1989

Index to Volumes 1 and 2

Journal of Economic Perspectives, Winter 1989

The Labor Market Status of Black Americans: 1939-1985

[Symposium: The Economic Status of African-Americans]

By Gerald D. Jaynes

Journal of Economic Perspectives, Fall 1990

Among the empirical changes in the labor maket status of black Americans since 1939, three stand out: 1) three decades of rapid progress followed by two decades of relative stagnation in many aggregate measures of relative black earnings and incomes; 2) d...

The Limitations of Legal Institutions for Addressing Environmental Risks

[Symposium: The Economics of Liability]

By Peter S. Menell

Journal of Economic Perspectives, Summer 1991

This article assesses the major systems of environmental liability in the United States—the toxic tort system and Superfund. The discussion of each of these areas first lays out the scientific background of the environmental problems and the applica...

The Economic Transition of Czechoslovakia from Plan to Market

By Josef C. Brada

Journal of Economic Perspectives, Fall 1991

The Communist government of Czechoslovakia was ousted in the so-called Velvet Revolution of November 1989, and the new regime adopted as its goal the transformation of the economy to one based on markets and private property, and also one more dynamic and...

Will the New Keynesian Macroeconomics Resurrect the IS-LM Model?

[Symposium: Keynesian Economics Today]

By Robert G. King

Journal of Economic Perspectives, Winter 1993

The IS-LM model has no greater prospect of being a viable analytical vehicle for macroeconomics in the 1990s than the Ford Pinto has of being a sporty, reliable car for the 1990s. Because of its treatment of expectations, the IS-LM model, as traditionally...