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The Case for Trade Liberalization in Developing Countries

[Symposium: Trade Liberalization and Development]

By Rudiger Dornbusch

Journal of Economic Perspectives, Winter 1992

This paper reviews the actual situation of protection in developing countries, and then discusses the prospective gains from liberalization. Three experiences with liberalization, from three different parts of the world, are sketched: Turkey, Korea, and M...

www.aeaweb.org/articles?id=10.1257/jep.6.1.69

Estimating the Deterrent Effect of Incarceration Using Sentencing Enhancements

By David S. Abrams

American Economic Journal: Applied Economics, October 2012

Increasing criminal sanctions may reduce crime through two primary mechanisms: deterrence and incapacitation. Disentangling their effects is crucial for optimal policy setting. I use sentence enhancements due to the introduction of state add-on gun laws...

www.aeaweb.org/articles?id=10.1257/app.4.4.32

Rethinking Social Insurance

By Martin Feldstein

American Economic Review, March 2005

www.aeaweb.org/articles?id=10.1257/0002828053828545

How the Second-Order Free Rider Problem Is Solved in a Small-Scale Society

By Sarah Mathew

American Economic Review, May 2017

Moralistic punishment enables human cooperation, but an outstanding question is why people voluntarily sanction when they can obtain the benefits of punishment without being enforcers themselves. To address how decentralized societies solve this second-or...

www.aeaweb.org/articles?id=10.1257/aer.p20171090

Precautionary Saving and Consumption Fluctuations

By Jonathan A. Parker and Bruce Preston

American Economic Review, September 2005

This paper uses the consumption Euler equation to derive a decomposition of consumption growth into four sources. These four sources are new information, and three sources of predictable consumption growth: intertemporal substitution, changes in the prefe...

www.aeaweb.org/articles?id=10.1257/0002828054825556

Matching and Money

By Dean Corbae, Ted Temzelides, and Randall Wright

American Economic Review, May 2002

www.aeaweb.org/articles?id=10.1257/000282802320189023

Chaotic Interest-Rate Rules

By Jess Benhabib, Stephanie Schmitt-Grohé, and Martín Uribe

American Economic Review, May 2002

www.aeaweb.org/articles?id=10.1257/000282802320189032

Taylor Rules in a Model that Satisfies the Natural-Rate Hypothesis

By Charles T. Carlstrom and Timothy S. Fuerst

American Economic Review, May 2002

www.aeaweb.org/articles?id=10.1257/000282802320189041

The Choice of an Inflation Target Range in a Small Open Economy

By Christopher J. Erceg

American Economic Review, May 2002

www.aeaweb.org/articles?id=10.1257/000282802320189050

Guess Who's Been Coming to Dinner? Trends in Interracial Marriage over the 20th Century

[Symposium: Household Economics]

By Roland G. Fryer Jr.

Journal of Economic Perspectives, Spring 2007

This paper studies marriages across black, white, and Asian racial lines. Marrying across racial lines is a rare event, even today. Interracial marriages account for approximately 1 percent of white marriages, 5 percent of black marriages, and 14 percent ...

www.aeaweb.org/articles?id=10.1257/jep.21.2.71