Demand Systems with and without Errors

By Arthur Lewbel

American Economic Review, June 2001

Revealed preference theory assumes that each consumer has demands that are rational, meaning that they arise from the maximization of his or her own utility function. In contrast, econometric or statistical demand models assume that each consumer's demand...

The Impact of Global Warming on Agriculture: A Ricardian Analysis: Comment

By Roy Darwin

American Economic Review, September 1999

Safety Traps

By Kenza Benhima and Baptiste Massenot

American Economic Journal: Macroeconomics, October 2013

Fear of risk provides a rationale for protracted economic downturns. We develop a real business cycle model where investors with decreasing relative risk aversion choose between a risky and a safe technology that exhibit decreasing returns. Because of ...

Report: Ad Hoc Search Committee for the Editor of the American Economic Journal: Economic Policy

By David Cutler, Amy Finkelstein, Adriana Lleras-Muney, James Poterba, David Romer, and Robert Shimer

American Economic Review, May 2013

Has the "Million-Dollar Cap" Affected CEO Pay?

By Nancy L. Rose and Catherine Wolfram

American Economic Review, May 2000

Controlling Automobile Insurance Costs

By J. David Cummins and Sharon Tennyson

Journal of Economic Perspectives, Spring 1992

We begin by providing an overview of the auto insurance system and the structure of the auto insurance market. We then turn to an analysis of the factors underlying the auto insurance price increases experienced in recent years. We find that the auto insu...

Tracking Intergenerational Progress for Immigrant Groups: The Problem of Ethnic Attrition

By Brian Duncan and Stephen J. Trejo

American Economic Review, May 2011

In tracking the later-generation descendants of immigrants, measurement biases can arise from "ethnic attrition" (e.g., US-born individuals who do not self-identify as Mexican despite having ancestors who immigrated from Mexico). We present evidence that ...

Does Vertical Integration Decrease Prices? Evidence from the Paramount Antitrust Case of 1948

By Ricard Gil

American Economic Journal: Economic Policy, May 2015

I empirically examine the impact of the 1948 Paramount antitrust case on ticket prices using a unique dataset collected from Variety magazine issues between 1945 and 1955. With information on prices, revenues, and theater ownership for an unbalanced panel...

Productivity Growth and Factor Prices in East Asia

By Chang-Tai Hsieh

American Economic Review, May 1999

Symposium on Economic Transition in the Soviet Union and Eastern Europe

[Symposium: Economic Transition in the Soviet Union and Eastern Europe]

By Peter Murrell

Journal of Economic Perspectives, Fall 1991

This symposium examines the economic problems facing the reforming countries of the Soviet Union and Eastern Europe, the interrelationships between these problems, and current knowledge on how to deal with them. The word "reform" is surely a misnomer for ...

Nonlinearities and Robustness in Growth Regressions

By Jenny Minier

American Economic Review, May 2007

An International Policy Architecture for the Post-Kyoto Era

By Sheila M. Olmstead and Robert N. Stavins

American Economic Review, May 2006

Policy Watch: Antitrust Goes to College

By Steven C. Salop and Lawrence J. White

Journal of Economic Perspectives, Summer 1991

It may have come as a shock to many economists, especially those in academia, to learn that the Antitrust Division of the U.S. Department of Justice (DOJ) has been investigating alleged price fixing and information exchange of financial aid among 23 prest...

Terrorism and Patriotism: On the Earnings of US Veterans following September 11, 2001

By Alberto Dávila and Marie T. Mora

American Economic Review, May 2012

Using data from the 2000 census and the 2001-08 American Community Surveys, this paper examines the impact of 9/11 on the earnings of US veteran men. Our hypothesis is that the surge in patriotism after 9/11 improved their relative earnings, but this earn...

The Law of One Price in Scandinavian Duty-Free Stores

By Marcus Asplund and Richard Friberg

American Economic Review, September 2001

Correspondence: Scoring Social Security Proposals

By Peter Diamond, Kashin Konstantin, Gary King, and Samir Soneji

Journal of Economic Perspectives, Spring 2016

Vertical Relationships and Competition in Retail Gasoline Markets: Empirical Evidence from Contract Changes in Southern California: Comment

By Christopher T. Taylor, Nicholas M. Kreisle, and Paul R. Zimmerman

American Economic Review, June 2010

In a paper in the March 2004 AER, Justine Hastings concludes that the acquisition of an independent gasoline retailer, Thrifty, by a vertically integrated firm, ARCO, is associated with sizable price increases at competing stations. To better understand t...

The Bootstrap and Multiple Imputations: Harnessing Increased Computing Power for Improved Statistical Tests

[Symposium: Econometric Tools]

By David Brownstone and Robert Valletta

Journal of Economic Perspectives, Fall 2001

The bootstrap and multiple imputations are two techniques that can enhance the accuracy of estimated confidence bands and critical values. Although they are computationally intensive, relying on repeated sampling from empirical data sets and associated es...

Recommendations for Further Reading

By Timothy Taylor

Journal of Economic Perspectives, Spring 2010

The Great Financial Crisis of 1914: What Can We Learn from Aldrich–Vreeland Emergency Currency?

By William L. Silber

American Economic Review, May 2007