Is Pay-as-You-Drive Insurance a Better Way to Reduce Gasoline than Gasoline Taxes?

By Ian W. H. Parry

American Economic Review, May 2005

Moore's Law, Competition, and Intel's Productivity in the Mid-1990s

By Ana Aizcorbe

American Economic Review, May 2005

Why Have Housing Prices Gone Up?

By Edward L. Glaeser, Joseph Gyourko, and Raven E. Saks

American Economic Review, May 2005

The Neuroeconomics of Mind Reading and Empathy

By Tania Singer and Ernst Fehr

American Economic Review, May 2005

Fear and Greed in Financial Markets: A Clinical Study of Day-Traders

By Andrew W. Lo, Dmitry V. Repin, and Brett N. Steenbarger

American Economic Review, May 2005

The Neuroeconomics of Distrust: Sex Differences in Behavior and Physiology

By Paul J. Zak, Karla Borja, William T. Matzner, and Robert Kurzban

American Economic Review, May 2005

The New York City High School Match

By Atila Abdulkadiroğlu, Parag A. Pathak, and Alvin E. Roth

American Economic Review, May 2005

A Kidney Exchange Clearinghouse in New England

By Alvin E. Roth, Tayfun Sönmez, and M. Utku Ünver

American Economic Review, May 2005

Grants versus Loans for Development Banks

By Jeremy Bulow and Kenneth Rogoff

American Economic Review, May 2005

A Framework for Exploring the Macroeconomic Determinants of Systematic Risk

By Torben G. Andersen, Tim Bollerslev, Francis X. Diebold, and Jin Wu

American Economic Review, May 2005

What Does the Taxable Income Elasticity Say About Dynamic Responses to Tax Changes?

By Robert Carroll and Warren Hrung

American Economic Review, May 2005

The Role of Dynamic Scoring in the Federal Budget Process: Closing the Gap between Theory and Practice

By Rosanne Altshuler, Nicholas Bull, John Diamond, Tim Dowd, and Pamela Moomau

American Economic Review, May 2005

Academic Journal Pricing and the Demand of Libraries

By Aviv Nevo, Daniel L. Rubinfeld, and Mark McCabe

American Economic Review, May 2005

Open Access and Academic Journal Quality

By Mark J. McCabe and Christopher M. Snyder

American Economic Review, May 2005

Information on the Association

American Economic Review, May 2005

Are Two Heads Better Than One? Team versus Individual Play in Signaling Games

By David J. Cooper and John H. Kagel

American Economic Review, June 2005

We compare individuals with two-person teams in signaling game experiments. Teams consistently play more strategically than individuals and generate positive synergies in more difficult games, beating a demanding "truth-wins" norm. The superior performanc...

Sunspots in the Laboratory

By John Duffy and Eric O'N. Fisher

American Economic Review, June 2005

We show that extrinsic or nonfundamental uncertainty influences markets in a controlled environment. This work provides the first direct evidence of sunspot equilibria. These equilibria require a common understanding of the semantics of the sunspot variab...

The Variety and Quality of a Nation's Exports

By David Hummels and Peter J. Klenow

American Economic Review, June 2005

Large economies export more in absolute terms than do small economies. We use data on shipments by 126 exporting countries to 59 importing countries in 5,000 product categories to answer the question: How? Do big economies export larger quantities of each...

Understanding European Real Exchange Rates

By Mario J. Crucini, Chris I. Telmer, and Marios Zachariadis

American Economic Review, June 2005

We study good-by-good deviations from the Law-of-One-Price (LOP) for over 1,800 retail goods and services between all European Union (EU) countries for the years 1975, 1980, 1985, and 1990. We find that for each of these years, after we control for differ...

House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle

By Matteo Iacoviello

American Economic Review, June 2005

I develop and estimate a monetary business cycle model with nominal loans and collateral constraints tied to housing values. Demand shocks move housing and nominal prices in the same direction, and are amplified and propagated over time. The financial acc...