The Decline of Job Loss and Why It Matters

By Steven J. Davis

American Economic Review, May 2008

The National Longitudinal Surveys

By Michael R. Pergamit, Charles R. Pierret, Donna S. Rothstein, and Jonathan R. Veum

Journal of Economic Perspectives, Spring 2001

This article describes the design features and topical coverage of the National Longitudinal Surveys (NLS). The NLS are perhaps the oldest and most widely used panel surveys of individuals in the United States. These surveys were started in the mid-1960s ...

Coordinating Creditors

By Mark L. J. Wright

American Economic Review, May 2005

"One Discriminatory Rent" or "Double Jeopardy": Multicomponent Negotiation for New Car Purchases

By Meghan R. Busse and Jorge M. Silva-Risso

American Economic Review, May 2010

Battling over Jobs: Occupational Licensing in Health Care

By Morris M. Kleiner

American Economic Review, May 2016

The goal of this paper is to outline the major tensions between the monopoly face of licensing versus potential consumer protection goals of occupational regulation in the health care industry. Historically, health care occupations limited supply as a met...

Equalizing Superstars: The Internet and the Democratization of Education

By Daron Acemoglu, David Laibson, and John A. List

American Economic Review, May 2014

Internet-based educational resources are proliferating rapidly. One concern associated with these (potentially transformative) technological changes is that they will be disequalizing—as many technologies of the last several decades have been—...

American Economic Association Committee on Statistics (AEAStat): Annual Report--2009

By Matthew D. Shapiro

American Economic Review, May 2010

Economywide Implications from US Bioenergy Expansion

By Mark Gehlhar, Agapi Somwaru, Peter B. Dixon, Maureen T. Rimmer, and Ashley R. Winston

American Economic Review, May 2010

Contractibility and the Design of Research Agreements

By Josh Lerner and Ulrike Malmendier

American Economic Review, March 2010

We analyze how contractibility affects contract design. A major concern when designing research agreements is that researchers use their funding to subsidize other projects. We show that, when research activities are not contractible, an option contrac...

Imprecision as an Account of the Preference Reversal Phenomenon

By David J. Butler and Graham C. Loomes

American Economic Review, March 2007

Many individuals' choices and valuations involve a degree of uncertainty/imprecision. This paper reports an experiment designed to obtain some measure of imprecision and to examine the extent to which it can explain preference reversals of two opposite...

Who Benefits from Affirmative Action? The Case of the AEA Summer Minority Program 1986-1990

By Michael A. Leeds

Journal of Economic Perspectives, Spring 1992

Since 1974, the American Economic Association Summer Minority Program (AEASMP) has provided minority undergraduates with intensive training in the core areas of economics. From 1986 to 1990, while the program was at Temple University, this consisted of ad...

The Roma/Non-Roma Test Score Gap in Hungary

By Gábor Kertesi and Gábor Kézdi

American Economic Review, May 2011

This paper documents and decomposes the test score gap between Roma and non-Roma 8th graders in Hungary in 2006. Our data connect national standardized test scores to an individual panel survey with detailed data on ethnicity and family background. The te...

Fidelity Networks and Long-Run Trends in HIV/AIDS Gender Gaps

By Roland Pongou and Roberto Serrano

American Economic Review, May 2013

More than half of the HIV/AIDS-infected population today are women. We study a dynamic model of (in)fidelity, which explains the HIV/AIDS gender gap by the configuration of sexual networks. Each individual desires sexual relationships with opposite sex in...

Local Discouragement and Global Collapse: A Theory of Coordination Avalanches

By Thomas D. Jeitschko and Curtis R. Taylor

American Economic Review, March 2001

We study a dynamic game in which all players initially possess the same information and coordinate on a high level of activity. Eventually, players with a long string of bad experiences become inactive. This prospect can cause a coordination avalanche in ...

The Agency Problems of Institutional Investors

[Symposium: The Modern Corporation]

By Lucian A. Bebchuk, Alma Cohen, and Scott Hirst

Journal of Economic Perspectives, Summer 2017

Financial economics and corporate governance have long focused on the agency problems between corporate managers and shareholders that result from the dispersion of ownership in large publicly traded corporations. In this paper, we focus on how the rise o...

Random Walk Expectations and the Forward Discount Puzzle

By Philippe Bacchetta and Eric van Wincoop

American Economic Review, May 2007

Disentangling Insurance and Information in Intertemporal Consumption Choices

By Katja Kaufmann and Luigi Pistaferri

American Economic Review, May 2009

Persuasion by Cheap Talk

By Archishman Chakraborty and Rick Harbaugh

American Economic Review, December 2010

We consider the credibility, persuasiveness, and informativeness of multidimensional cheap talk by an expert to a decision maker. We find that an expert with state-independent preferences can always make credible comparative statements that trade off the ...

Designing Institutions to Deal with Terrorism in the United States

By Martin Feldstein

American Economic Review, May 2008

Can Contract Theory Explain Social Preferences?

By W. Bentley MacLeod

American Economic Review, May 2007