Is Aggregation a Problem for Sovereign Debt Restructuring?

By Barry Eichengreen and Ashoka Mody

American Economic Review, May 2003

Will the Sovereign Debt Market Survive?

By Andrei Shleifer

American Economic Review, May 2003

Capital-Account Liberalization, the Cost of Capital, and Economic Growth

By Peter Blair Henry

American Economic Review, May 2003

Equity-Market Liberalizations as Country IPO's

By Rodolfo Martell and René M. Stulz

American Economic Review, May 2003

Randomized Evaluations of Educational Programs in Developing Countries: Some Lessons

By Michael Kremer

American Economic Review, May 2003

This paper reviews recent randomized evaluations of educational programs in developing countries, including programs to increase school participation, to provide educational inputs, and to reform education. It then extracts some lessons for education poli...

Fieldwork, Economic Theory, and Research on Institutions in Developing Countries

By Christopher Udry

American Economic Review, May 2003

Payoffs from Panels in Low-Income Countries: Economic Development and Economic Mobility

By Mark R. Rosenzweig

American Economic Review, May 2003

Weak Instruments: Diagnosis and Cures in Empirical Econometrics

By Jinyong Hahn and Jerry Hausman

American Economic Review, May 2003

Sensitivity to Exogeneity Assumptions in Program Evaluation

By Guido W. Imbens

American Economic Review, May 2003

Cluster-Sample Methods in Applied Econometrics

By Jeffrey M. Wooldridge

American Economic Review, May 2003

Market Design: The Policy Uses of Theory

By John McMillan

American Economic Review, May 2003

Modern Theory of Unemployment Fluctuations: Empirics and Policy Applications

By Robert E. Hall

American Economic Review, May 2003

Strong and widely accepted evidence shows that the natural rate of unemployment varies over time with substantial amplitude. The frictions in the labor market that account for positive normal levels of unemployment are not simple and mechanical. Instead, ...

An Examination of the Influence of Theory and Individual Theorists on Empirical Research in Microeconomics

By Pierre-André Chiappori and Steven D. Levitt

American Economic Review, May 2003

Economic Behavior in Political Context

By Larry M. Bartels and Henry E. Brady

American Economic Review, May 2003

Inviting political scientists to tell economists how they could do better work is an act of disciplinary generosity. The reality is that contemporary political science is a net importer of ideas and methods from other disciplines, and from none more than ...

A Psychological Perspective on Economics

By Daniel Kahneman

American Economic Review, May 2003

My first exposure to the psychological assumptions of economics was in a report that Bruno Frey wrote on that subject in the early 1970's. Its first or second sentence stated that the agent of economic theory is rational and selfish, and that his tastes d...

A Picture Is Worth a Thousand Symbols: A Sociologist's View of the Economic Pursuit of Truth

By Joel M. Podolny

American Economic Review, May 2003

Libertarian Paternalism

By Richard H. Thaler and Cass R. Sunstein

American Economic Review, May 2003

Optimal Defaults

By James J. Choi, David Laibson, Brigitte C. Madrian, and Andrew Metrick

American Economic Review, May 2003

Studying Optimal Paternalism, Illustrated by a Model of Sin Taxes

By Ted O'Donoghue and Matthew Rabin

American Economic Review, May 2003

Models of Thinking, Learning, and Teaching in Games

By Colin Camerer, Teck Ho, and Kuan Chong

American Economic Review, May 2003

Noncooperative game theory combines strategic thinking, best-response, and mutual consistency of beliefs and choices (equilibrium). Hundreds of experiments show that in actual behavior these three forces are limited, even when subjects are highly motivate...