Product Liability Litigation and Innovation: Evidence from Medical Devices

By Alberto Galasso and Hong Luo

American Economic Journal: Microeconomics

We study the impact of product liability litigation on new product introductions by leading medical device firms. We find that the defendant firms, and other firms to a lesser extent, reduce their propensity to introduce new products in the litigated prod...

Barbara M. Fraumeni, Distinguished Fellow 2025

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Women's Power in the Household

By Seema Jayachandran and Alessandra Voena

Journal of Economic Literature

We examine women’s household power in low- and middle-income countries, synthesizing theoretical frameworks and empirical evidence on its measurement, determinants, and consequences. We define women’s household power as their influence over household ...

RETRACTED BY THE AUTHORS: Effects of Environmental and Land Use Regulation in the Oil and Gas Industry Using the Wyoming Checkerboard as an Experimental Design

By Mitch Kunce, Shelby Gerking, and William Morgan

American Economic Review, December 2002

Demand, Competition, and Public Policy in the Automobile Industry

By Johannes Van Biesebroeck and Frank Verboven

Journal of Economic Literature

We review the flourishing literature on the automobile industry since the seminal work of Berry, Levinsohn, and Pakes (1995), or briefly BLP. Their work provides a structural equilibrium framework that forms a basis for conducting policy counterfactuals i...

CSMGEP: The Minority Report

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Competitive Bottlenecks and Platform Spillovers

By Tat-How Teh and Julian Wright

American Economic Journal: Microeconomics

We provide a general framework to analyze competition between oligopolistic platforms in competitive bottleneck settings, allowing for pricing and non-price design choices by platforms, and postparticipation buyer-seller decisions. We show that equilib...

CSWEP Midwest

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Technological change and the transformation of women's work in the twentieth century

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The adoption of milking machines in Norway.

Carolyn Shaw Bell Award

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Janet L. Yellen Award for Excellence in Public Service

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Elaine Bennett Research Prize

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Identifying Tax Compliance from Variation in Tax Policy: Theory and Empirics

By Andrew Bibler, Laura Grigolon, Keith F. Teltser, and Mark J. Tremblay

American Economic Journal: Economic Policy

Governments increasingly use changes in tax rules to combat evasion. We develop a general approach to point-identify tax compliance along with supply and demand elasticities. Identification requires data on prices and quantities, variation in tax polic...

The Effect of Public Insurance Design on Pharmaceutical Prices: Evidence from Medicare Part D

By Katja Hofmann and Zong Huang

American Economic Journal: Economic Policy

Public programs that provide benefits through private markets contend with strategic firm behavior. We study this dynamic in Medicare Part D. The Affordable Care Act closed a coverage gap in Part D by mandating drug manufacturers cover 50% of branded dr...

Prime Locations

By Gabriel M. Ahlfeldt, Thilo N. H. Albers, and Kristian Behrens

American Economic Review: Insights

We develop a method for delineating prime locations—ultra-dense clusters of economic activity—within cities and apply it to comprehensive establishment data covering all US metropolitan areas. We further use big data to extend the analysis to a glo...

How Test Optional Policies in College Admissions Disproportionately Harm High Achieving Applicants from Disadvantaged Backgrounds

By Bruce Sacerdote, Douglas O. Staiger, and Michele Tine

American Economic Review: Insights

We analyze data from one elite institution and find that test score optional policies harm the likelihood of admission for high achieving applicants from disadvantaged backgrounds. Under test optional policies, these applicants submit test scores at to...

Recurring Auctions with Costly Entry: Theory and Evidence

By Shanglyu Deng and Qiyao Zhou

American Economic Journal: Microeconomics

Recurring auctions are ubiquitous for selling durable assets such as artwork and homes, with follow-up auctions held for unsold items. We investigate such auctions theoretically and empirically. Theoretical analysis demonstrates that recurring auctions ...

AEA Poster Session Videos

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Communication with Policymakers

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AEACGR: Reports and Communications with Policymakers

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