Correspondent: Keynes as a Noise Trader

By Robert Piron

Journal of Economic Perspectives, Spring 1991

Consolidation of New Democracy, Mass Attitudes, and Clientelism

By Adi Brender and Allan Drazen

American Economic Review, May 2009

Group Reputations, Stereotypes, and Cooperation in a Repeated Labor Market

By Paul J. Healy

American Economic Review, December 2007

Reputation effects and other-regarding preferences have both been used to predict cooperative outcomes in markets with inefficient equilibria. Existing reputation-building models require either infinite time horizons or publicly observed identities, bu...

The Flattening Firm and Product Market Competition: The Effect of Trade Liberalization on Corporate Hierarchies

By Maria Guadalupe and Julie Wulf

American Economic Journal: Applied Economics, October 2010

This paper establishes a causal effect of product market competition on various characteristics of organizational design. Using a unique panel dataset on firm hierarchies of large US firms (1986-1999) and a quasi-natural experiment (trade liberalization)...

Correspondence

By Richard C. Leone, Bernard Wasow, Earl L. Grinols, David Mustard, William R. Eadington, William Walter Brown, and Christina D. Romer

Journal of Economic Perspectives, Winter 2000

Perspectives on the New Architecture for the US National Accounts

By Michael J. Boskin

American Economic Review, May 2009

Social Security Financing: Facts, Fantasies, Foibles, and Follies

By Robert L. Clark

American Economic Review, May 2004

Selective Trials: A Principal-Agent Approach to Randomized Controlled Experiments

By Sylvain Chassang, Gerard Padró I Miquel, and Erik Snowberg

American Economic Review, June 2012

We study the design of randomized controlled experiments when outcomes are significantly affected by experimental subjects' unobserved effort expenditure. While standard randomized controlled trials (RCTs) are internally consistent, the unobservability o...

Misallocation and the Distribution of Global Volatility

By Maya Eden

American Economic Review, February 2017

Decreasing returns at the macro level are an outcome of efficiency at the micro level. When inputs are scarce, an efficient economy carries out only the most productive projects; when inputs are abundant, the economy implements less productive projects as...

A Test of Game-Theoretic and Behavioral Models of Play in Exchange and Insurance Environments

By Cary A. Deck

American Economic Review, December 2001

Correspondence

By Hans Werner Holub

Journal of Economic Perspectives, Fall 1989

Correspondence regarding: Theory versus Empiricism in Academic Economics: Update and Comparison

Rebalancing Frequency and the Welfare Cost of Inflation

By André C. Silva

American Economic Journal: Macroeconomics, April 2012

Cash-in-advance models usually require agents to reallocate money and bonds in fixed periods. Every month or quarter, for example. I show that fixed periods underestimate the welfare cost of inflation. I use a model in which agents choose how often they e...

How Important Are Idiosyncratic Shocks? Evidence from Labor Supply

By Kjetil Storesletten, Chris I. Telmer, and Amir Yaron

American Economic Review, May 2001

Are Risk Regulators Rational? Evidence from Hazardous Waste Cleanup Decisions

By W. Kip Viscusi and James T. Hamilton

American Economic Review, September 1999

Cracks in the Glass Ceiling: Gender and Promotion in the Economics Profession

By John M. McDowell, Larry D. Singell, and James P. Ziliak

American Economic Review, May 1999

From the Desk of the Managing Editor

[Symposium: 100 Issues of JEP]

By Timothy Taylor

Journal of Economic Perspectives, Spring 2012

Editing isn't "teaching" and it isn't "research," so in the holy trinity of academic responsibilities it is apparently bunched with faculty committees, student advising, and talks to the local Kiwanis club as part of "service." Yet for many economists, ed...

Heterogeneity in the Impact of Economic Cycles and the Great Recession: Effects within and across the Income Distribution

By Marianne Bitler and Hilary Hoynes

American Economic Review, May 2015

In this paper, we examine the effects of economic cycles on low- to moderate-income families. We use variation across states and over time to estimate the effects of cycles on the distribution of income, using fine gradations of the household income-to-po...

Recommendations for Further Reading

By Timothy Taylor

Journal of Economic Perspectives, Summer 2012

The Effect of Allowing Pollution Offsets with Imperfect Enforcement

By Hilary Sigman and Howard F. Chang

American Economic Review, May 2011

Public policies for pollution control, including climate change policies, sometimes allow polluters in one sector subject to an emissions cap to offset excessive emissions with pollution abatement in another sector. The government may find it more costly ...

Recommendations for Further Reading

By Bernard Saffran

Journal of Economic Perspectives, Spring 1991