Market Design: The Policy Uses of Theory

By John McMillan

American Economic Review, May 2003

Modern Theory of Unemployment Fluctuations: Empirics and Policy Applications

By Robert E. Hall

American Economic Review, May 2003

Strong and widely accepted evidence shows that the natural rate of unemployment varies over time with substantial amplitude. The frictions in the labor market that account for positive normal levels of unemployment are not simple and mechanical. Instead, ...

An Examination of the Influence of Theory and Individual Theorists on Empirical Research in Microeconomics

By Pierre-André Chiappori and Steven D. Levitt

American Economic Review, May 2003

Economic Behavior in Political Context

By Larry M. Bartels and Henry E. Brady

American Economic Review, May 2003

Inviting political scientists to tell economists how they could do better work is an act of disciplinary generosity. The reality is that contemporary political science is a net importer of ideas and methods from other disciplines, and from none more than ...

A Psychological Perspective on Economics

By Daniel Kahneman

American Economic Review, May 2003

My first exposure to the psychological assumptions of economics was in a report that Bruno Frey wrote on that subject in the early 1970's. Its first or second sentence stated that the agent of economic theory is rational and selfish, and that his tastes d...

A Picture Is Worth a Thousand Symbols: A Sociologist's View of the Economic Pursuit of Truth

By Joel M. Podolny

American Economic Review, May 2003

Studying Optimal Paternalism, Illustrated by a Model of Sin Taxes

By Ted O'Donoghue and Matthew Rabin

American Economic Review, May 2003

Models of Thinking, Learning, and Teaching in Games

By Colin Camerer, Teck Ho, and Kuan Chong

American Economic Review, May 2003

Noncooperative game theory combines strategic thinking, best-response, and mutual consistency of beliefs and choices (equilibrium). Hundreds of experiments show that in actual behavior these three forces are limited, even when subjects are highly motivate...

Decision Making with Naive Advice

By Andrew Schotter

American Economic Review, May 2003

Testing Political Economy Models of Reform in the Laboratory

By Timothy N. Cason and Vai-Lam Mui

American Economic Review, May 2003

What Can Be Learned from Skeletons that Might Interest Economists, Historians, and Other Social Scientists?

By Richard H. Steckel

American Economic Review, May 2003

Living Standards During the Industrial Revolution: An Economist's Guide

By Hans-Joachim Voth

American Economic Review, May 2003

The Industrial Revolution is a topic of renewed interest for growth economists. After the first wave of "new growth" theory that addressed the causes of sustained increases in productivity, more attention has been given to an important additional stylized...

The Rising Price of Nonmarket Goods

By Dora L. Costa and Matthew E. Kahn

American Economic Review, May 2003

At What Level of Labor-Market Intermittency Are Women Penalized?

By Julie L. Hotchkiss and M. Melinda Pitts

American Economic Review, May 2003

Low Take-Up in Medicaid: Does Outreach Matter and for Whom?

By Anna Aizer

American Economic Review, May 2003

Impact of Immigration on Prenatal Care Use and Birth Weight: Evidence from California in the 1990's

By Catalina Amuedo-Dorantes and Kusum Mundra

American Economic Review, May 2003

Price and Spouse's Coverage in Employee Demand for Health Insurance

By Irena Dushi and Marjorie Honig

American Economic Review, May 2003

Guaranteeing Individual Accounts

By Marie-Eve Lachance and Olivia S. Mitchell

American Economic Review, May 2003

Global aging is prompting workers and taxpayers everywhere to recognize their vulnerability to the inherent uncertainty of unfunded social-security systems. This has generated an international wave of social-security reforms over the last two decades, pro...

The Interaction of Public Retirement Income Programs in the United States

By Elizabeth T. Powers and David Neumark

American Economic Review, May 2003

Monetary Policy Under Imperfect Capital Markets in a Small Open Economy

By Anita Tuladhar

American Economic Review, May 2003

Following the financial crises of the late 1990's an increasing number of emergingmarket countries have adopted a flexible exchange-rate regime and an inflation-targeting monetary-policy framework. This trend has generated a growing debate on the appropri...