Horizontal Mergers: Triage and Treatment

[Symposium: Horizontal Mergers and Antitrust]

By Franklin M. Fisher

Journal of Economic Perspectives, Fall 1987

The pursuit of any sort of structural policy towards oligopoly presupposes that we can recognize anticompetitive structures when we see them. Unfortunately, that requisite is not easy to meet, and there is a temptation to avoid difficult analysis in favor...

Report of the Editor: American Economic Journal: Macroeconomics

By Steven J. Davis

American Economic Review, May 2011

Making Room for China in the World Economy

By Dani Rodrik

American Economic Review, May 2010

Child Benefits, Maternal Employment, and Children's Health: Evidence from Canadian Child Benefit Expansions

By Kevin Milligan and Mark Stabile

American Economic Review, May 2009

Comparing Charitable Fundraising Schemes: Evidence from a Natural Field Experiment and a Structural Model

By Steffen Huck, Imran Rasul, and Andrew Shephard

American Economic Journal: Economic Policy, May 2015

We present evidence from a natural field experiment and structural model to shed light on the efficacy of alternative fundraising schemes. In conjunction with the Bavarian State Opera, we mailed 25,000 opera attendees a letter describing a charitable fund...

Home Bias at the Fund Level

By Harald Hau and Helene Rey

American Economic Review, May 2008

Patient Cost Sharing in Low Income Populations

By Amitabh Chandra, Jonathan Gruber, and Robin McKnight

American Economic Review, May 2010

Dynamic Commitment and the Soft Budget Constraint: An Empirical Test

By Per Pettersson-Lidbom

American Economic Journal: Economic Policy, August 2010

This paper develops an empirical framework for the problem of soft budgets which is explicitly based on a dynamic commitment problem, i.e., the inability of a supporting organization to commit itself not to extend more resources ex post to a budget-constr...

International Trade and Business Cycles: Is Vertical Specialization the Missing Link?

By M. Ayhan Kose and Kei-Mu Yi

American Economic Review, May 2001

On the First Year of German Monetary, Economic and Social Union

By Irwin L. Collier

Journal of Economic Perspectives, Fall 1991

This paper considers the first year of German monetary, economic, and social union, discussing the issue of the DM/east mark conversion rate; privatization and property rights; the supply and demand for reconstruction services; and a difference in concept...

Cracks in the Melting Pot: Immigration, School Choice, and Segregation

By Elizabeth U. Cascio and Ethan G. Lewis

American Economic Journal: Economic Policy, August 2012

We examine whether low-skilled immigration to the United States has contributed to immigrants' residential isolation by reducing native demand for public schools. We address endogeneity in school demographics using established Mexican settlement patterns ...

Employment and Retirement Following a Late-Career Job Loss

By Sewin Chan and Ann Huff Stevens

American Economic Review, May 1999

Strategic Redistricting

By Faruk Gul and Wolfgang Pesendorfer

American Economic Review, September 2010

Two parties choose redistricting plans to maximize their probability of winning a majority in the House of Representatives. In the unique equilibrium, parties maximally segregate their opponents' supporters but pool their own supporters into uniform dist...

Learning by Driving: Productivity Improvements by New York City Taxi Drivers

By Kareem Haggag, Brian McManus, and Giovanni Paci

American Economic Journal: Applied Economics, January 2017

We study learning by doing by New York City taxi drivers, who have substantial discretion over their driving strategies and receive compensation closely tied to their success in finding customers. In addition to documenting learning overall by these entre...

Understanding Black-White Wage Differentials, 1960-1990

By James J. Heckman, Thomas M. Lyons, and Petra E. Todd

American Economic Review, May 2000

The Labor Market for New Ph.D. Economists

By John J. Siegfried and Wendy A. Stock

Journal of Economic Perspectives, Summer 1999

Presents results from a survey of 450 new (1996-97) Ph.D. economists, providing information about employment, underemployment, employers, work activities, salaries, and job satisfaction. Comparisons are made across ranks of the graduates' Ph.D. programs, ...

Analyzing the Fiscal Impact of U.S. Immigration

By Alan J. Auerbach and Philip Oreopoulos

American Economic Review, May 1999

How to Control Controlled School Choice: Comment

By Battal Doğan

American Economic Review, April 2017

Echenique and Yenmez (2015), in Theorem 2, characterize choice rules that are "generated by reserves for the priority." We show that the "only if" part is not correct. We exhibit a choice rule that is generated by reserves for the priority b...

International Trade as an "Integrated Equilibrium": New Perspectives

By Donald R. Davis and David E. Weinstein

American Economic Review, May 2000

Testing for the Lucas Critique: A Quantitative Investigation

By Jesper Linde

American Economic Review, September 2001

In this paper, I try to shed some new light on the "puzzle" of why the Lucas critique, believed to be important by most economists, seems to have received very little empirical support. I use a real-business-cycle model to verify that the Lucas critique i...