The Income and Tax Share of Very High-Income Households, 1960-1995

By Daniel R. Feenberg and James M. Poterba

American Economic Review, May 2000

Behavioral Equilibrium in Economies with Adverse Selection

By Ignacio Esponda

American Economic Review, September 2008

I propose a new solution concept—behavioral equilibrium—to study environments with players who are naive, in the sense that they fail to account for the informational content of other players' actions. I apply the framework to certain adver...

Search, Liquidity, and the Dynamics of House Prices and Construction: Corrigendum

By Allen Head, Huw Lloyd-Ellis, and Hongfei Sun

American Economic Review, April 2016

Antitrust Leniency with Multiproduct Colluders

By Leslie M. Marx, Claudio Mezzetti, and Robert C. Marshall

American Economic Journal: Microeconomics, August 2015

We use a global games approach to model alternative implementations of an antitrust leniency program as applied to multiproduct colluders. We derive several policy design lessons; e.g., we show that it is possible that linking leniency across products inc...

Moving Up the Energy Ladder: The Effect of an Increase in Economic Well-Being on the Fuel Consumption Choices of the Poor in India

By Rema Hanna and Paulina Oliva

American Economic Review, May 2015

Rising household wealth may potentially impact both total fuel consumption and fuel-type composition, resulting in significant health and environmental implications. Using data from a field experiment in India, we explore the effects of a transfer program...

Policy Burdens, Accountability, and the Soft Budget Constraint

By Justin Yifu Lin and Guofu Tan

American Economic Review, May 1999

Book Reviews

Journal of Economic Literature, September 2011

Sticky Wages: Evidence from Quarterly Microeconomic Data

By Hervé Le Bihan, Jérémi Montornès, and Thomas Heckel

American Economic Journal: Macroeconomics, July 2012

Using an original micro-dataset from France, we investigate nominal wage stickiness. Nominal wage changes are found to occur at a quarterly frequency of around 38 percent over our sample period, and to be to a large extent staggered across establishments,...

Who Matters in Coordination Problems?

By József Sákovics and Jakub Steiner

American Economic Review, December 2012

Agents face a coordination problem akin to the adoption of a network technology. A principal announces investment subsidies that, at minimal cost, attain a given likelihood of successful coordination. Optimal subsidies target agents who impose high ext...

Book Reviews

Journal of Economic Literature, December 2013

Financial Risk Management: When Does Independence Fail?

By Augustin Landier, David Sraer, and David Thesmar

American Economic Review, May 2009

School Resources and Student Outcomes: An Overview of the Literature and New Evidence from North and South Carolina

[Symposium: Primary and Secondary Education]

By David Card and Alan B. Krueger

Journal of Economic Perspectives, Fall 1996

This paper reviews and interprets the literature on the effects of school resources on students' eventual earnings and educational attainment. In addition, new evidence is presented on the impact of the great disparity in school resources between black an...

Growth, Adoption, and Use of Mobile E-Commerce

By Liran Einav, Jonathan Levin, Igor Popov, and Neel Sundaresan

American Economic Review, May 2014

We document some early effects of how mobile devices might change Internet and retail commerce. We present three main findings based on an analysis of eBay's mobile shopping application and core Internet platform. First, early adopters of mobile e-commerc...

Inputs and Impacts in Charter Schools: KIPP Lynn

By Joshua D. Angrist, Susan M. Dynarski, Thomas J. Kane, Parag A. Pathak, and Christopher R. Walters

American Economic Review, May 2010

Time Is Money: Choosing between Charitable Activities

By Naomi E. Feldman

American Economic Journal: Economic Policy, February 2010

This paper analyzes the impact of a preferential tax-price for monetary donations on the joint decision to donate time (volunteer) and money. The methodological approach takes into account that consumption of each charitable good affects consumption of...

Climate Change and Birth Weight

By Olivier Deschenes, Michael Greenstone, and Jonathan Guryan

American Economic Review, May 2009

Household Surveys in Crisis

By Bruce D. Meyer, Wallace K. C. Mok, and James X. Sullivan

Journal of Economic Perspectives, Fall 2015

Household surveys, one of the main innovations in social science research of the last century, are threatened by declining accuracy due to reduced cooperation of respondents. While many indicators of survey quality have steadily declined in recent d...

Surviving the Global Financial Crisis: Foreign Ownership and Establishment Performance

By Laura Alfaro and Maggie Xiaoyang Chen

American Economic Journal: Economic Policy, August 2012

We examine the differential response of establishments to the recent global financial crisis with particular emphasis on the role of foreign ownership. Using a worldwide establishment panel dataset, we investigate how multinational subsidiaries around the...

Using Selection on Observed Variables to Assess Bias from Unobservables When Evaluating Swan-Ganz Catheterization

By Joseph G. Altonji, Todd E. Elder, and Christopher R. Taber

American Economic Review, May 2008

The Composition Effect of Consumption around Retirement: Evidence from Singapore

By Sumit Agarwal, Jessica Pan, and Wenlan Qian

American Economic Review, May 2015

It is well established that consumption is "hump" shaped over an individual's lifecycle, peaking in middle age and then declining in the years that follow. Prior research has documented that consumption declines at retirement, which is inconsistent with t...