Medicare Reform: The Larger Picture

[Symposium: The Future of Medicare]

By Victor R. Fuchs

Journal of Economic Perspectives, Spring 2000

The "Medicare problem" is examined as part of the larger problem of providing for the overall financial needs of the elderly. Several myths about Medicare are discussed, and sources and uses of the elderly's "full income" are estimated. The paper explores...

Remembering Joseph A. Pechman, 1918-1989

By Henry J. Aaron

Journal of Economic Perspectives, Fall 1990

Joe Pechman joined the staff of the Brookings Institution in 1960. He graduated from the City College of New York in 1937 and the University of Wisconsin in 1942. During World War II, he worked in the war time Office of Price Administration and later serv...

Revisiting Samuelson's Foundations of Economic Analysis

By Roger E. Backhouse

Journal of Economic Literature, June 2015

Paul Samuelson's Foundations of Economic Analysis played a major role in defining how economic theory was undertaken for many years after the Second World War. This paper fills out Samuelson's account of the book's origins and corrects some detai...

Competing for Loyalty: The Dynamics of Rallying Support

By Matias Iaryczower and Santiago Oliveros

American Economic Review, October 2017

We consider a class of dynamic collective action problems in which either a single principal or two competing principals vie for the support of members of a group. We focus on the dynamic problem that emerges when agents negotiate and commit their support...

Labor-Market Integration, Investment in Risky Human Capital, and Fiscal Competition

By David E. Wildasin

American Economic Review, March 2000

This paper presents a general-equilibrium model where human capital investment increases specialization and exposes skilled workers to region-specific earnings risk Interjurisdictional mobility of skilled labor mitigates these risks; state-contingent migr...

Economic Effects of Childhood Exposure to Tropical Disease

By Hoyt Bleakley

American Economic Review, May 2009

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...