Trade, Tastes, and Nutrition in India

By David Atkin

American Economic Review, August 2013

This paper explores the causes and consequences of regional taste differences. I introduce habit formation into a standard general equilibrium model. Household tastes evolve over time to favor foods consumed as a child. Thus, locally abundant foods are...

Electoral Accountability and Corruption: Evidence from the Audits of Local Governments

By Claudio Ferraz and Frederico Finan

American Economic Review, June 2011

We show that political institutions affect corruption levels. We use audit reports in Brazil to construct new measures of political corruption in local governments and test whether electoral accountability affects the corruption practices of incumbent ...

Book Reviews

Journal of Economic Literature, December 2017

Economic Policy and Prospects in Iraq

[Symposium: Middle East]

By Christopher Foote, William Block, Keith Crane, and Simon Gray

Journal of Economic Perspectives, Summer 2004

This paper describes the Coalition Provisional Authority's attempts to stabilize and reform Iraq's economy along market lines. It argues that while security concerns remain serious, Iraq's economy has not been crippled by violence. However, sustained econ...

Macroeconomic Priorities

By Robert E. Lucas Jr.

American Economic Review, March 2003

Report: Committee on the Status of Women in the Economics Profession (CSWEP)

American Economic Review, May 2014

Child Abuse and Abortion Availability

By Marianne Bitler and Madeline Zavodny

American Economic Review, May 2002

Testing for Indeterminacy: An Application to U.S. Monetary Policy

By Thomas A. Lubik and Frank Schorfheide

American Economic Review, March 2004

This paper considers a prototypical New Keynesian model, in which the equilibrium is undetermined if monetary policy is "passive." The likelihood-based estimation of dynamic equilibrium models is extended to allow for indeterminacies and sunspot fluctuati...

Annotated Listing of New Books

Journal of Economic Literature, June 2015

Interesting Questions in Freakonomics

By John DiNardo

Journal of Economic Literature, December 2007

Freakonomics is more about "entertainment" than it is a serious attempt at popularization. Consequently, rather than conduct a comprehensive fact check, I use the book as a springboard for a broader inquiry into social science research and take ...

Book Reviews

Journal of Economic Literature, June 2015

The Acceleration of Variety Growth

By Mark Bils and Peter J. Klenow

American Economic Review, May 2001

The Role of International Fragmentation in the Development Process

By Ronald W. Jones and Sugata Marjit

American Economic Review, May 2001

Improving Educational Quality through Enhancing Community Participation: Results from a Randomized Field Experiment in Indonesia

By Menno Pradhan, Daniel Suryadarma, Amanda Beatty, Maisy Wong, Arya Gaduh, Armida Alisjahbana, and Rima Prama Artha

American Economic Journal: Applied Economics, April 2014

Education ministries worldwide have promoted community engagement through school committees. This paper presents results from a large field experiment testing alternative approaches to strengthen school committees in public schools in Indonesia. Two no...

Should Central Banks Respond to Movements in Asset Prices?

By Ben S. Bernanke and Mark Gertler

American Economic Review, May 2001

Teaching Economics at the Start of the 21st Century: Still Chalk-and-Talk

By William E. Becker and Michael Watts

American Economic Review, May 2001

Deposit Collecting: Unbundling the Role of Frequency, Salience, and Habit Formation in Generating Savings

By Suresh de Mel, Craig McIntosh, and Christopher Woodruff

American Economic Review, May 2013

We report on a field experiment using several methods for collecting deposits made in formal bank accounts in rural areas in Sri Lanka. We find that only frequent, face-to-face collection increases aggregate household savings. Collection involving communi...

The Effects of Monetary Policy on Stock Market Bubbles: Some Evidence

By Jordi Galí and Luca Gambetti

American Economic Journal: Macroeconomics, January 2015

We estimate the response of stock prices to monetary policy shocks using a time-varying coefficients VAR. Our evidence points to protracted episodes in which stock prices end up increasing persistently in response to an exogenous tightening of monetary po...

New York City Cab Drivers' Labor Supply Revisited: Reference-Dependent Preferences with Rational-Expectations Targets for Hours and Income

By Vincent P. Crawford and Juanjuan Meng

American Economic Review, August 2011

This paper proposes a model of cab drivers' labor supply, building on Henry S. Farber's (2005, 2008) empirical analyses and Botond Koszegi and Matthew Rabin's (2006; henceforth "KR") theory of reference-dependent preferences. Following KR, our model has t...

Measuring the Efficiency of an FCC Spectrum Auction

By Jeremy T. Fox and Patrick Bajari

American Economic Journal: Microeconomics, February 2013

We propose a method to structurally estimate the deterministic component of bidder valuations in FCC spectrum auctions, and apply it to the 1995-1996 C block auction. We base estimation on a pairwise stability condition: two bidders cannot exchange two li...