On A Political Solution to the NIMBY Conflict

By Eli Feinerman, Israel Finkelshtain, and Iddo Kan

American Economic Review, March 2004

What Do Aggregate Consumption Euler Equations Say About the Capital-Income Tax Burden?

By Casey Mulligan

American Economic Review, May 2004

Integrated Longitudinal Employer-Employee Data for the United States

By John J. Abowd, John Haltiwanger, and Julia Lane

American Economic Review, May 2004

Persuasion in Politics

By Kevin M. Murphy and Andrei Shleifer

American Economic Review, May 2004

Pareto-Improving Campaign Finance Policy

By Stephen Coate

American Economic Review, June 2004

This paper argues that campaign finance policy, in the form of contribution limits and matching public financing, can be Pareto improving even under very optimistic assumptions concerning the role of campaign advertising and the rationality of voters. The...

Resistance to Reform: Status Quo Bias in the Presence of Individual-Specific Uncertainty: Comment

By Antonio Ciccone

American Economic Review, June 2004

The Politician and the Judge: Accountability in Government

By Eric Maskin and Jean Tirole

American Economic Review, September 2004

We build a simple model to capture the major virtues and drawbacks of making public officials accountable (i. e., subjecting them to reelection): On the one hand, accountability allows the public to screen and discipline their officials; on the other, it ...

Policy Gambles

By Sumon Majumdar and Sharun W. Mukand

American Economic Review, September 2004

A Group Rule-Utilitarian Approach to Voter Turnout: Theory and Evidence

By Stephen Coate and Michael Conlin

American Economic Review, December 2004

This paper explores a group rule–utilitarian approach to understanding voter turnout, inspired by the theoretical work of John C. Harsanyi (1980) and Timothy J. Feddersen and Alvaro Sandroni (2002). It develops a model based on this approach and studies...

How to Protect Future Generations Using Tax-Base Restrictions

By Antonio Rangel

American Economic Review, March 2005

This paper studies how to protect future generations from expropriation and to induce optimal investment in intergenerational public goods (IPGs), by introducing constitutional restrictions on the tax base. The type of tax-base restrictions that we consid...

A Political Economy Model of Congressional Careers

By Daniel Diermeier, Michael Keane, and Antonio Merlo

American Economic Review, March 2005

Our main goal is to quantify the returns to a career in the United States Congress. We specify a dynamic model of career decisions of a member of Congress and estimate this model using a newly collected dataset. Given estimates of the structural model, we...

In Search of the Holy Grail: Policy Convergence, Experimentation, and Economic Performance

By Sharun W. Mukand and Dani Rodrik

American Economic Review, March 2005

The Economics of Governance

By Oliver E. Williamson

American Economic Review, May 2005

Federalism and the Democratic Transition: Lessons from South Africa

By Robert P. Inman and Daniel L. Rubinfeld

American Economic Review, May 2005

From Education to Democracy?

By Daron Acemoglu, Simon Johnson, James A. Robinson, and Pierre Yared

American Economic Review, May 2005

Do Democratic Transitions Produce Bad Economic Outcomes?

By Dani Rodrik and Romain Wacziarg

American Economic Review, May 2005

Infertility Insurance Mandates and Fertility

By Lucie Schmidt

American Economic Review, May 2005

The Cost of Reducing Gasoline Consumption

By Sarah E. West and Roberton C. Williams III

American Economic Review, May 2005

Minutes of the Annual Meeting

American Economic Review, May 2005

Equilibrium Investment and Asset Prices under Imperfect Corporate Control

By James Dow, Gary Gorton, and Arvind Krishnamurthy

American Economic Review, June 2005

We integrate a widely accepted version of the separation of ownership and control—Michael Jensen's (1986) free cash flow theory—into a dynamic equilibrium model, and study the effect of imperfect corporate control on asset prices and investment. Aggre...