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...

Reversing the Keynesian Asymmetry

By John Bennett and Manfredi M. A. La Manna

American Economic Review, December 2001

Corruptible Advice

By Erik Durbin and Ganesh Iyer

American Economic Journal: Microeconomics, August 2009

We study information transmission to a decision maker from an advisor who values a reputation for incorruptibility in the presence of a third party who offers unobservable payments/bribes. While it is common to ascribe negative effects to such bribes, ...

Market Share Dynamics and the "Persistence of Leadership" Debate

By John Sutton

American Economic Review, March 2007

A new 45-industry, 23-year, dataset for Japan is used to investigate the duration of industry leadership. A new scaling relationship linking a firm's current market share with the standard deviation of market share changes is reported. This relationshi...

Corporate Taxes and Internal Borrowing within Multinational Firms

By Peter Egger, Christian Keuschnigg, Valeria Merlo, and Georg Wamser

American Economic Journal: Economic Policy, May 2014

This study develops a theoretical model of a multinational firm with an internal capital market. Hypotheses regarding the role of local versus foreign characteristics such as profit tax rates, lack of institutional quality, financial underdevelopment, ...

Report of the Director: Job Openings for Economists

By John J. Siegfried

American Economic Review, May 2011

Global Savings and Global Investment: The Transmission of Identified Fiscal Shocks

By James Feyrer and Jay Shambaugh

American Economic Journal: Economic Policy, May 2012

This paper examines the effect of exogenous shocks to savings on world capital markets. Exogenous tax increases in the United States (from Romer and Romer 2010) are only partially offset by changes in domestic private savings, and only a small amount is a...

Income-Distribution Dynamics with Endogenous Fertility

By Michael Kremer and Daniel Chen

American Economic Review, May 1999

Symposium on Tax Reform

[Symposium: Tax Reform]

By Henry J. Aaron

Journal of Economic Perspectives, Summer 1987

The papers in this symposium are a representative sample of the diverse views economists hold on the political and economic advantages and disadvantages of the Tax Reform Act of 1986.

Can Downstream Waste Disposal Policies Encourage Upstream "Design for Environment"?

By Paul Calcott and Margaret Walls

American Economic Review, May 2000

E-Commerce: Measurement and Measurement Issues

By Barbara M. Fraumeni

American Economic Review, May 2001

Trade and the Great Divergence: The Family Connection

By Oded Galor and Andrew Mountford

American Economic Review, May 2006

Field Experiments in Class Size from the Early Twentieth Century

By Jonah Rockoff

Journal of Economic Perspectives, Fall 2009

A vast majority of adults believe that class size reductions are a good way to improve the quality of public schools. Reviews of the research literature, on the other hand, have provided mixed messages on the degree to which class size matters for student...

The Axiomatic Structure of Empirical Content

By Christopher P. Chambers, Federico Echenique, and Eran Shmaya

American Economic Review, August 2014

We define the empirical content of an economic theory as the least restrictive observationally equivalent theory. We show that the empirical content of a theory is captured by a certain kind of axiomatization, with axioms that are universal negations of c...

Assessing Strategic Risk

By R. J. Aumann and J. H. Dreze

American Economic Journal: Microeconomics, February 2009

In recent decades, subjective probabilities have been increasingly applied to an adversary's choices in strategic games (SGs). In games against nature (GANs), the subjective probability of a state can be elicited from lotteries yielding utility 1 if th...