Testing the infant-industry argument

[Research Highlight]

November 21, 2018

Can trade protection jump-start an industry?

Man vs machine

[Page]

Robots take jobs, but create new ones too. Which will happen faster?

Market Integration, Demand, and the Growth of Firms: Evidence from a Natural Experiment in India

By Robert Jensen and Nolan H. Miller

American Economic Review, December 2018

In many developing countries, the average firm is small, does not grow and has low productivity. Lack of market integration and limited information on non-local products often leave consumers unaware of the prices and quality of non-local firms. They ther...

Fitting the punishment to the crime

[Research Highlight]

November 14, 2018

How does the severity of a penalty influence jury decisions to convict?

Helping the "missing middle"

[Page]

Lifting people out of extreme poverty will require more than giving poor countries money.

Service Vendors

[Page]

View the list of vendors used by the AEA.

Call for papers: Spring 2019 Midwest Macroeconomics Meetings

[News]

December 07, 2018

View the call for papers for the meetings to be held May 17-19, 2019.

Targeting poverty

[Research Highlight]

November 30, 2018

The AEA interviews Rema Hanna and Benjamin Olken about whether universal basic income programs are the best way to provide aid in the developing world.

Party favors

[Page]

Do competitive elections curb party favoritism?

The Case for Imposing Cashlessness: A Review Article

By Neil Wallace

Journal of Economic Literature, December 2018

In The Curse of Cash, Rogoff (2016) makes two arguments. (i) Large denominations of currency are primarily used for illegal activity. Therefore, eliminating them would have benefits that far outweigh the costs in terms of lost seigniorage. (ii)...

JEL Classification System

Journal of Economic Literature, December 2018

Domestic policies with international consequences

[Research Highlight]

December 12, 2018

What drove post-World War II capital flows?

What are the economic impacts of a warming Earth?

[Page]

Policymakers make wide-ranging assumptions when determining the social costs of climate change.