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The Age of Milton Friedman

By Andrei Shleifer

Journal of Economic Literature, March 2009

Between 1980 and 2005, as the world embraced free market policies, living standards rose sharply, while life expectancy, educational attainment, and democracy improved and absolute poverty declined. Is this a coincidence? A collection of essays edited ...

What Do (and Don't) We Know about the Value Added Tax? A Review of Richard M. Bird and Pierre-Pascal Gendron's The VAT in Developing and Transitional Countries

By Michael Keen

Journal of Economic Literature, March 2009

The VAT has taken the tax world by storm over the last fifty years, but left little trace in the academic literature. Bird and Gendron provide an impressively informed and informative account of the VAT experience in lower income countries, largely vind...

Does the Media Matter? A Field Experiment Measuring the Effect of Newspapers on Voting Behavior and Political Opinions

By Alan S. Gerber, Dean Karlan, and Daniel Bergan

American Economic Journal: Applied Economics, April 2009

We conducted a field experiment to measure the effect of exposure to newspapers on political behavior and opinion. Before the 2005 Virginia gubernatorial election, we randomly assigned individuals to a Washington Post free subscription treatment, a Was...

What Determines Giving to Hurricane Katrina Victims? Experimental Evidence on Racial Group Loyalty

By Christina M. Fong and Erzo F. P. Luttmer

American Economic Journal: Applied Economics, April 2009

We investigate the role of racial group loyalty on generosity in a broadly representative sample of the US adult population. We use an audiovisual presentation to manipulate beliefs about the race, income, and worthiness of Hurricane Katrina victims. R...

A Cautionary Tale about the Use of Administrative Data: Evidence from Age of Marriage Laws

By Rebecca M. Blank, Kerwin Kofi Charles, and James M. Sallee

American Economic Journal: Applied Economics, April 2009

This paper demonstrates that administrative data may be inferior to survey data under particular circumstances. We examine the effect of state laws governing the minimum age of marriage in the United States. The estimated effects of these laws are much...

A Biological Model of Unions

By Michael Kremer and Benjamin A. Olken

American Economic Journal: Applied Economics, April 2009

This paper applies principles from evolutionary biology to the study of unions. We show that unions that implement the preferred wage and organizing policies of workers will be displaced in evolutionary competition by unions that either extract less fr...