Comments

Journal of Economic Perspectives, Spring 2004

Race and Marriage in the Labor Market: A Discrimination Correspondence Study in a Developing Country

By Eva O. Arceo-Gomez and Raymundo M. Campos-Vazquez

American Economic Review, May 2014

In Mexico, as in most Latin American countries with indigenous populations, it is commonly believed that European phenotypes are preferred to mestizo or indigenous phenotypes. However, it is hard to test for such racial biases in the labor market using of...

Has Moral Hazard Become a More Important Factor in Managerial Compensation?

By George-Levi Gayle and Robert A. Miller

American Economic Review, December 2009

We estimate a principal-agent model of moral hazard with longitudinal data on firms and managerial compensation over two disjoint periods spanning 60 years to investigate increased value and variability in managerial compensation. We find exogenous gro...

Notes

Journal of Economic Perspectives, Spring 2004

Development, Growth and Policy Reform in the Middle East and North Africa since 1950

[Symposium: Middle East]

By Tarik M. Yousef

Journal of Economic Perspectives, Summer 2004

The September 11 terrorist attacks ignited global interest in the Middle East. Observers in the region and abroad were quick to highlight the development "deficits" in Middle Eastern countries which have been linked to everything from structural economic ...

Are We Consuming Too Much?

By Kenneth Arrow, Partha Dasgupta, Lawrence Goulder, Gretchen Daily, Paul Ehrlich, Geoffrey Heal, Simon Levin, Karl-Göran Mäler, Stephen Schneider, David Starrett, and Brian Walker

Journal of Economic Perspectives, Summer 2004

This paper articulates and applies frameworks for examining whether consumption is excessive. We consider two criteria for the possible excessiveness (or insufficiency) of current consumption. One is an intertemporal utility-maximization criterion: actual...

Recommendations for Further Reading

By Bernard Saffran

Journal of Economic Perspectives, Summer 2004

Comments

Journal of Economic Perspectives, Summer 2004

Notes

Journal of Economic Perspectives, Summer 2004

The European Union: A Politically Incorrect View

[Symposium: The Transformation of Europe]

By Alberto Alesina and Roberto Perotti

Journal of Economic Perspectives, Fall 2004

In this paper, we present our view of the recent evolution of European integration. We first briefly describe the main features of the institution and decision making process in the European Union, with particular attention to the debate between federalis...

Why are European Countries Diverging in their Unemployment Experience?

[Symposium: The Transformation of Europe]

By Gilles Saint-Paul

Journal of Economic Perspectives, Fall 2004

During the nineties, unemployment fell in a number of European countries while it remained high in others. This Paper discusses potential causes for that evolution in light of recent economic research, emphasizing obstacles to reform due to political cons...

The Muddles over Outsourcing

By Jagdish Bhagwati, Arvind Panagariya, and T.N. Srinivasan

Journal of Economic Perspectives, Fall 2004

Critics have muddled the public debate over offshore outsourcing by using the term interchangeably to refer to altogether different phenomena such as on-line purchase of services, direct foreign investment and, sometimes, all imports. We argue that clarit...

Recommendations for Further Reading

By Bernard Saffran

Journal of Economic Perspectives, Fall 2004

Notes

Journal of Economic Perspectives, Fall 2004

What is Economic Sociology and Should any Economists Care?

[Symposium: Sociology and Economics]

By Robert Gibbons

Journal of Economic Perspectives, Winter 2005

Identity and the Economics of Organizations

[Symposium: Sociology and Economics]

By George A. Akerlof and Rachel E. Kranton

Journal of Economic Perspectives, Winter 2005

The economics of organizations is replete with the pitfalls of monetary rewards and punishments to motivate workers. If economic incentives do not work, what does? This paper proposes that workers' self-image as jobholders, coupled with their ideal as to ...

The Impact of Social Structure on Economic Outcomes

[Symposium: Sociology and Economics]

By Mark Granovetter

Journal of Economic Perspectives, Winter 2005

Ecologies of Organizations: Diversity and Identity

[Symposium: Sociology and Economics]

By Michael T. Hannan

Journal of Economic Perspectives, Winter 2005

Autopsy on an Empire: Understanding Mortality in Russia and the Former Soviet Union

[Symposium: The Economy of Russia]

By Elizabeth Brainerd and David M. Cutler

Journal of Economic Perspectives, Winter 2005

Male life expectancy at birth fell by over six years in Russia between 1989 and 1994. Many other countries of the former Soviet Union saw similar declines, and female life expectancy fell as well. Using cross-country and Russian household survey data, we ...

The Role of Oligarchs in Russian Capitalism

[Symposium: The Economy of Russia]

By Sergei Guriev and Andrei Rachinsky

Journal of Economic Perspectives, Winter 2005

Using a unique dataset, we describe the degree of ownership concentration in Russian economy and its role in shaping economic and political institutions in Russia. In particular, we find that Russian "oligarchs" do control a substantial part of the econom...