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Signing Up New Fathers: Do Paternity Establishment Initiatives Increase Marriage, Parental Investment, and Child Well-Being?

By Maya Rossin-Slater

American Economic Journal: Applied Economics, April 2017

With nearly half of US births occurring out of wedlock, understanding how parents navigate their relationship options is important. This paper examines the consequences of a large exogenous change to parental relationship contract options on parental beha...

Monopoly Rights: A Barrier to Riches

By Stephen L. Parente and Edward C. Prescott

American Economic Review, December 1999

Our thesis is that poor countries are poor because they employ arrangements for which the equilibrium outcomes are characterized by inferior technologies being used, and being used inefficiently. In this paper, we analyze the consequences of one such arra...

Consumer Financial Protection

[Symposium: Financial Regulation after the Crisis]

By John Y. Campbell, Howell E. Jackson, Brigitte C. Madrian, and Peter Tufano

Journal of Economic Perspectives, Winter 2011

The recent financial crisis has led many to question how well businesses deliver services and how well regulatory institutions address problems in consumer financial markets. This paper discusses consumer financial regulation, emphasizing the full range o...

The Willingness to Pay—Willingness to Accept Gap, the "Endowment Effect," Subject Misconceptions, and Experimental Procedures for Eliciting Valuations: Comment

By Andrea Isoni, Graham Loomes, and Robert Sugden

American Economic Review, April 2011

Plott and Zeiler (2005) report that the willingness-to-pay/willingness-to-accept disparity is absent for mugs in a particular experimental setting, designed to neutralize misconceptions about the procedures used to elicit valuations. This result has recei...