Front Matter

Journal of Economic Literature, March 2018

Do Management Interventions Last? Evidence from India

By Nicholas Bloom, Aprajit Mahajan, David McKenzie, and John Roberts

American Economic Journal: Applied Economics, April 2020

We revisited Indian weaving firms nine years after a randomized experiment that changed their management practices. While about half of the practices adopted in the original experimental plants had been dropped, there was still a large and significant gap...

Peeking on others' paychecks

[Research Highlight]

March 18, 2020

Income transparency might help reduce wage disparity, but would it make us happier?

The Paper Trail of Knowledge Spillovers: Evidence from Patent Interferences

By Ina Ganguli, Jeffrey Lin, and Nicholas Reynolds

American Economic Journal: Applied Economics, April 2020

We show evidence of localized knowledge spillovers using a new database of US patent interferences terminated between 1998 and 2014. Interferences resulted when two or more independent parties submitted identical claims of invention nearly simultaneously....

Saving by Default: Evidence from a Field Experiment in Rural India

By Vincent Somville and Lore Vandewalle

American Economic Journal: Applied Economics, July 2018

Access to banks is rapidly increasing worldwide, and allows account-based instead of cash transfers. We conduct a randomized experiment documenting the impact of the payment method on savings behavior. In India, we allocate identical weekly payments into ...

Health Care Access, Costs, and Treatment Dynamics: Evidence from In Vitro Fertilization

By Barton H. Hamilton, Emily Jungheim, Brian McManus, and Juan Pantano

American Economic Review, December 2018

We study public policies designed to improve access and reduce costs for In Vitro Fertilization (IVF). High out-of-pocket prices can deter potential patients from IVF, while active patients have an incentive to risk costly high-order pregnancies to improv...

ProPelled: The Effects of Grants on Graduation, Earnings, and Welfare

By Jeffrey T. Denning, Benjamin M. Marx, and Lesley J. Turner

American Economic Journal: Applied Economics, July 2019

We estimate effects of the Pell Grant—the largest US federal grant for college students—using administrative data from Texas public colleges and a discontinuity in grant generosity for low-income students. Within four-year institutions, eligibility fo...

A Theory of Organizational Dynamics: Internal Politics and Efficiency

By Hongbin Cai, Hong Feng, and Xi Weng

American Economic Journal: Microeconomics, November 2018

We consider a three-member organization in which one member retires in each period and the incumbent members vote to admit a candidate to fill the vacancy. Candidates differ in quality and belong to one of two types, and majority-type members share the to...

Book Reviews

Journal of Economic Literature, March 2018

Paying for Kidneys? A Randomized Survey and Choice Experiment

By Julio J. Elías, Nicola Lacetera, and Mario Macis

American Economic Review, August 2019

We conducted a randomized survey with 2,666 US residents to study preferences for legalizing payments to kidney donors. We found strong polarization, with many participants supporting or opposing payments regardless of potential transplant gains. However,...

The Long-Run Effects of Teacher Collective Bargaining

By Michael F. Lovenheim and Alexander Willén

American Economic Journal: Economic Policy, August 2019

We analyze how exposure to teacher collective bargaining affects long-run outcomes for students, exploiting the timing of state duty-to-bargain law passage in a cross-cohort difference-in-difference framework. Among men, exposure to a duty-to-bargain law ...

The Nexus of Monetary Policy and Shadow Banking in China

By Kaiji Chen, Jue Ren, and Tao Zha

American Economic Review, December 2018

We study how monetary policy in China influences banks' shadow banking activities. We develop and estimate the endogenously switching monetary policy rule that is based on institutional facts and at the same time tractable in the spirit of Taylor (1993). ...

Four Years Later: Insurance Coverage and Access to Care Continue to Diverge between ACA Medicaid Expansion and Non-Expansion States

By Sarah Miller and Laura R. Wherry

AEA Papers and Proceedings, May 2019

This paper evaluates the impact of the Affordable Care Act Medicaid expansions four years after implementation using data from the 2010-2017 National Health Interview Survey. We find that low-income adults in states that implemented the Medicaid expansion...

Labor Market Conditions and Discrimination: Is There a Link?

By Karl David Boulware and Kenneth N. Kuttner

AEA Papers and Proceedings, May 2019

This paper's goal is to determine whether the degree of labor market tightness affects the frequency of discrimination charges. State-level panel data on enforcement and litigation actions from the US Equal Employment Opportunity Commission, along with di...

Information and Communication in Organizations

By Inga Deimen and Dezsö Szalay

AEA Papers and Proceedings, May 2019

We study a constrained information design problem in an organization. A designer chooses the information structure. A sender with preferences different from the decision-maker observes and processes the information before he communicates with the decision...

Institutions and Emissions Trading in China

By Valerie Jean Karplus

AEA Papers and Proceedings, May 2018

Variation in the extent of state control in industry may affect China's efforts to establish a national emissions trading system (ETS) capable of supporting the implementation of the country's CO2 intensity reduction goals through 2030. This pa...

Front Matter

American Economic Review: Insights, December 2019

There Is No Free House: Ethnic Patronage in a Kenyan Slum

By Benjamin Marx, Thomas M. Stoker, and Tavneet Suri

American Economic Journal: Applied Economics, October 2019

Using unique data from one of Africa's largest informal settlements, the Kibera slum in Nairobi, we provide evidence of ethnic patronage in the determination of rental prices and investments. Slum residents pay higher rents and live in lower quality housi...

JEL Classification System

Journal of Economic Literature, March 2018

Monetary Policy Frameworks and the Effective Lower Bound on Interest Rates

By Thomas M. Mertens and John C. Williams

AEA Papers and Proceedings, May 2019

This paper applies a New Keynesian model to analyze monetary policy in the presence of a low natural rate of interest and a lower bound on interest rates. Under standard inflation-targeting, inflation expectations will be anchored at a level below the inf...