Who Gets on the AEA Program?

By C. Elton Hinshaw and John J. Siegfried

Journal of Economic Perspectives, Winter 1995

The dominance of the AEA program by leading research universities declined substantially over the past four decades, but they have maintained their share of papers published in the Papers and Proceedings issue of the Americn Economic Review. Their share o...

In Honor of Lawrence H. Summers, Winner of the John Bates Clark Medal

By James M. Poterba

Journal of Economic Perspectives, Winter 1995

This paper summarizes the research contributions of Lawrence Summers, who was awarded the 1993 John Bates Clark Medal by the American Economic Association. It focuses on research in four subfields of economics: public finance, labor economies, financial e...

Policy Watch: Congressional Campaign Finance Reform

By Steven D. Levitt

Journal of Economic Perspectives, Winter 1995

While campaign finance reform attracts a lot of attention, it seems unlikely that such reform, at least in it current guise, will have a large impact on the functioning of the American political system. Recent studies have called into question the convent...

Recommendations for Further Reading

By Bernard Saffran

Journal of Economic Perspectives, Winter 1995

Correspondence

By Xavier Vives, Jens Barmbold, Reiner Eichenberger, Ulrich Bindseil, Bruno S. Frey, and Justus Haucap

Journal of Economic Perspectives, Winter 1995

Correspondence and responses regarding American and European Economists The Economic Case against Higher Alcohol Taxes

Notes

Journal of Economic Perspectives, Winter 1995

Front Matter

Journal of Economic Perspectives, Winter 1995

The Economic Benefits from Immigration

[Symposium: Immigration]

By George J. Borjas

Journal of Economic Perspectives, Spring 1995

Natives benefit from immigration mainly because of production complementarities between immigrant workers and other factors of production, and these benefits are larger when immigrants are sufficiently 'different' from the stock of native productive input...

The Impact of Immigrants on Host Country Wages, Employment and Growth

[Symposium: Immigration]

By Rachel M. Friedberg and Jennifer Hunt

Journal of Economic Perspectives, Spring 1995

The popular belief that immigrants have a large adverse impact on the wages and employment opportunities of the native-born population of the receiving country is not supported by the empirical evidence. A 10 percent increase in the fraction of immigrants...

Tackling the European Migration Problems

[Symposium: Immigration]

By Klaus F. Zimmermann

Journal of Economic Perspectives, Spring 1995

A fortress Europe immigration policy is currently observed throughout the European Union. The European migration problem seems to be that, in the face of high and persistent unemployment rates, additional immigration implies further unemployment. This mig...

The Case for Randomized Field Trials in Economic and Policy Research

[Symposium: Social Experiments]

By Gary Burtless

Journal of Economic Perspectives, Spring 1995

Social experiments have been used in research since the 1960s, yet the technique of controlled experimentation still arouses controversy among social scientists. The crucial element that distinguishes a controlled experiment from other forms of research i...

Assessing the Case for Social Experiments

[Symposium: Social Experiments]

By James J. Heckman and Jeffrey A. Smith

Journal of Economic Perspectives, Spring 1995

This paper analyzes the method of social experiments. The assumptions that justify the experimental method are exposited. Parameters of interest in evaluating social programs are discussed. The authors show how experiments sometimes serve as instrumental ...

Forty Years of Public Economics: A Personal Perspective

By Jacques H. Dreze

Journal of Economic Perspectives, Spring 1995

This paper presents a personal perspective on the field of public economics with emphasis on the interplay of theory and applications. In the early 1950s, theoretical developments grew out of practical applications. Yet, few economists succeed in creative...

Feminism and Economics

By Julie A. Nelson

Journal of Economic Perspectives, Spring 1995

Recent feminist theorizing about gender and science could improve economic practice. The usual definitions of the subject matter, models, methods, and pedagogy of economics, while often perceived as value-free and impartial, contain distinct masculine bia...

The Promise of Public Sector-Sponsored Training Programs

By Robert J. LaLonde

Journal of Economic Perspectives, Spring 1995

As concern about workers' skills has risen, so has interest in the role that government training programs might play in addressing 'America's workforce crisis.' One way to gauge whether increased reliance on these programs will substantially improve the s...

The Boundaries of Multinational Enterprises and the Theory of International Trade

By James R. Markusen

Journal of Economic Perspectives, Spring 1995

This paper begins with a review of empirical evidence on multinational firms. Conceptual underpinnings of a theory are developed, relying in particular on the notion of knowledge capital as a mobile, joint input into geographically separated production fa...

Cliometrics and the Nobel

By Claudia Goldin

Journal of Economic Perspectives, Spring 1995

In October 1993, the Royal Swedish Academy of Sciences awarded the Nobel Prize in Economics to Robert William Fogel and Douglass Cecil North 'for having renewed research in economic history.' The Academy noted that 'they were pioneers in the branch of eco...

Anomalies: Ultimatums, Dictators and Manners

By Colin F. Camerer and Richard H. Thaler

Journal of Economic Perspectives, Spring 1995

The recent research on ultimatum and dictator games is reviewed. New experiments reveal that the ultimatum game is quite robust to changes in stakes and the nationality of the players but dictator games are sensitive to many design features. Information i...

The Ethology of Homo Economicus

By Joseph Persky

Journal of Economic Perspectives, Spring 1995

Early critics of John Stuart Mill attacked him for creating a monomaniacal economic man concerned only with the accumulation of money. In fact, Mill's construct possessed a considerably richer psychology including desires for leisure, luxury, and sexual r...

Correspondence

By Frederick Guy

Journal of Economic Perspectives, Spring 1995

Correspondence regarding: Unhooking Household Saving and Business Investment Declining Population Growth as a Cause of the Depression