Graduate Student Mental Health: Lessons from American Economics Departments

By Valentin Bolotnyy, Matthew Basilico, and Paul Barreira

Journal of Economic Literature, December 2022

We study the mental health of graduate students at eight top-ranked economics PhD programs in the United States using clinically validated surveys. We find that 24.8 percent experience moderate or severe symptoms of depression or anxiety—more than two...

Editors' Introduction

By Michelle DeBlasi and Ronald L. Oaxaca

American Economic Review, May 2007

Foreword

By Thomas J. Sargent

American Economic Review, May 2007

Editors' Introduction

By J. David Baldwin, J. David Baldwin, Ronald L. Oaxaca, and Ronald L. Oaxaca

American Economic Review, May 2002

Editors' Introduction

By J. David Baldwin, J. David Baldwin, Ronald L. Oaxaca, and Ronald L. Oaxaca

American Economic Review, May 2005

Foreword

By Daniel L. McFadden

American Economic Review, May 2005

Editors' Introduction

By Michelle DeBlasi and Ronald L. Oaxaca

American Economic Review, May 2006

Foreword

By George A. Akerlof

American Economic Review, May 2006

Rebecca M. Blank (1955–2023)

[News]

February 21, 2023

The economics profession is saddened by the loss of the former AEA vice-president and 2021 Distinguished Fellow.

Abortion denials and financial distress

[Page]

What are the economic consequences of being denied an abortion?

Environmental Preferences and Technological Choices: Is Market Competition Clean or Dirty?

By Philippe Aghion, Roland Bénabou, Ralf Martin, and Alexandra Roulet

American Economic Review: Insights, March 2023

We investigate the effects of consumers' environmental concerns and market competition on firms' decisions to innovate in "clean" technologies. Agents care about their consumption and environmental footprint; firms pursue greener products to soften price ...

Isolating Personal Knowledge Spillovers: Coinventor Deaths and Spatial Citation Differentials

By Benjamin Balsmeier, Lee Fleming, and Sonja Lück

American Economic Review: Insights, March 2023

We propose a new method to estimate and isolate the localization of knowledge spillovers due to the physical presence of a person, using after-application but pre-grant deaths of differently located coinventors of the same patent. The approach estimates t...

Proximity to the Frontier, Markups, and the Response of Innovation to Foreign Competition: Evidence from Matched Production-Innovation Surveys in Chile

By Ana Paula Cusolito, Alvaro Garcia-Marin, and William F. Maloney

American Economic Review: Insights, March 2023

This paper employs a matched firm production-innovation panel dataset from Chile to explore the response of firm innovation to the increased competition arising from the China shock. The data cover a wider range of innovation inputs and outputs than previ...

Understanding the Ownership Structure of Corporate Bonds

By Ralph S. J. Koijen and Motohiro Yogo

American Economic Review: Insights, March 2023

Insurers are the largest institutional investors of corporate bonds. However, a standard theory of insurance markets, in which insurers maximize firm value subject to regulatory or risk constraints, predicts no allocation to corporate bonds. We resolve th...

Intergenerational Persistence in Child Mortality

By Frances Lu and Tom Vogl

American Economic Review: Insights, March 2023

We study the intergenerational persistence of inequality by estimating grandmother-mother associations in the loss of a child, using pooled data from 119 Demographic and Health Surveys in 44 developing countries. Compared with compatriots of the same age,...

Robust Information Transmission

By Francesc Dilmé

American Economic Review: Insights, March 2023

This paper investigates robust information transmission between a sender and a receiver in the Crawford and Sobel (1982) model. We characterize behavior that remains equilibrium behavior independently of the form of a small communication cost. Under stand...

Macroeconomic Dynamics with Rigid Wage Contracts

By Tobias Broer, Karl Harmenberg, Per Krusell, and Erik Öberg

American Economic Review: Insights, March 2023

We adapt the wage contracting structure in Chari (1983) to a dynamic, balanced-growth setting with recontracting as in Calvo (1983). The resulting wage-rigidity framework dampens income effects in the short run, thus allowing significant responses of hour...

Cognitive Decline, Limited Awareness, Imperfect Agency, and Financial Well-Being

By John Ameriks, Andrew Caplin, Minjoon Lee, Matthew D. Shapiro, and Christopher Tonetti

American Economic Review: Insights, March 2023

Cognitive decline may lead older Americans to make poor financial decisions. Preventing poor decisions may require timely transfer of financial control to a reliable agent. Cognitive decline, however, can develop unnoticed, creating the possibility of sub...

Front Matter

American Economic Review: Insights, March 2023

Front Matter

American Economic Review, March 2023