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Self-Selection and the Diminishing Returns of Research

By Lorenz K.F. Ekerdt and Kai-Jie Wu

American Economic Review

We argue that a substantial portion of the downward historical trend in U.S. research productivity is a composition effect resulting from self-selection in researcher ability and the dramatic expansion of the research sector. Estimating a Roy-like mode...

www.aeaweb.org/articles?id=10.1257/aer.20241592

The Laissez-Faire Experiment: Why Britain Embraced and Then Abandoned Small Government, 1800–1914 by W. Walker Hanlon

By Eric Melander

Journal of Economic Literature

www.aeaweb.org/articles?id=10.1257/jel.20260016

Editors

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www.aeaweb.org/journals/aer/editors

Associative Networks in Decision Making

By Jiangtao Li, Rui Tang, and Mu Zhang

American Economic Review

We present a model of associative networks that captures how decision makers expand their consideration set through mental associations between alternatives. Our model provides a tractable approach to study how associations shape choice when some alter...

www.aeaweb.org/articles?id=10.1257/aer.20250578

Seasonal Allergies and Accidents

By Mika Akesaka and Hitoshi Shigeoka

American Economic Journal: Economic Policy

Seasonal allergies affect over 400 million people globally, yet the broader economic consequences of pollen exposure remain understudied. Evidence from Japan’s ambulance records suggests that high-pollen days are associated with increases in accidents, ...

www.aeaweb.org/articles?id=10.1257/pol.20240520

Note from the Secretary-Treasurer

By John Siegfried

American Economic Review, May 2008

www.aeaweb.org/articles?id=10.1257/aer.98.2.634

Note from the Secretary-Treasurer

By John Siegfried

American Economic Review, May 2010

www.aeaweb.org/articles?id=10.1257/aer.100.2.719

Note from the Secretary-Treasurer

By John Siegfried

American Economic Review, May 2009

www.aeaweb.org/articles?id=10.1257/aer.99.2.712

Note from the Secretary-Treasurer

By John Siegfried

American Economic Review, May 2011

www.aeaweb.org/articles?id=10.1257/aer.101.3.668

Note from the Secretary-Treasurer

By John Siegfried

American Economic Review, May 2012

www.aeaweb.org/articles?id=10.1257/aer.102.3.635

Please Take a Minute: How Prosocial Choices Change with Deliberation

By Judd B. Kessler, Hannu Kivimaki, Ashley Litwin, and Muriel Niederle

American Economic Journal: Microeconomics

People often make decisions quickly when presented with a choice. Are their initial answers a good approximation of what they would choose if they took more time to decide? We explore how individuals’ choices change with deliberation and find that l...

www.aeaweb.org/articles?id=10.1257/mic.20240320