Are Banks Really Special? New Evidence from the FDIC-Induced Failure of Healthy Banks

By Adam B. Ashcraft

American Economic Review, December 2005

Recent bank failures are followed by significant and permanent negative declines in real county income. These declines are larger for small failures than for large failures per dollar of assets, are larger for bank failures than thrift failures, and are l...

Bubbles and Experience: An Experiment

By Martin Dufwenberg, Tobias Lindqvist, and Evan Moore

American Economic Review, December 2005

We investigate the occurrence of bubble-crash pricing patterns in laboratory financial markets with a mixture of experienced and inexperienced traders. We find that even with a minority of experienced traders, bubbles are substantially abated.

Does Increasing Women's Schooling Raise the Schooling of the Next Generation? Comment

By Kate L. Antonovics and Arthur S. Goldberger

American Economic Review, December 2005

"Does increasing women's schooling raise the schooling of the next generation?" is the question posed by Jere R. Behrman and Mark R. Rosenzweig (2002). Their answer to the question is no. In fact, they conclude that raising women's schooling may lower the...

Does Increasing Women's Schooling Raise the Schooling of the Next Generation? Reply

By Jere R. Behrman and Mark R. Rosenzweig

American Economic Review, December 2005

We reassess the empirical robustness of the empirical findings in Jere R. Berhman and Mark R. Rosenzweig (2002) using new information on schooling which was collected and coded independently of codings carried out by both Kate Antonovics and Arthur Goldbe...

The Savers-Spenders Theory of Fiscal Policy: Corrigendum

By N. Gregory Mankiw

American Economic Review, December 2005

Does Britain or the United States Have the Right Gasoline Tax?

By Ian W. H. Parry and Kenneth A. Small

American Economic Review, September 2005

Uncertainty and Hyperbolic Discounting

By Partha Dasgupta and Eric Maskin

American Economic Review, September 2005

When Optimal Choices Feel Wrong: A Laboratory Study of Bayesian Updating, Complexity, and Affect

By Gary Charness and Dan Levin

American Economic Review, September 2005

Does School Choice Lead to Sorting? Evidence from Tiebout Variation

By Miguel Urquiola

American Economic Review, September 2005

Racial Discrimination in Labor Markets with Posted Wage Offers

By Kevin Lang, Michael Manove, and William T. Dickens

American Economic Review, September 2005

State "Currencies" and the Transition to the U.S. Dollar: Reply-Including a New View from Canada

By Farley W. Grubb

American Economic Review, September 2005

Meetings with Costly Participation: Comment

By Francesco De Sinopoli and Giovanna Iannantuoni

American Economic Review, September 2005

Meetings with Costly Participation: Reply

By Martin J. Osborne, Jeffrey S. Rosenthal, and Matthew A. Turner

American Economic Review, September 2005

Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment

By Robin Burgess and Rohini Pande

American Economic Review, June 2005

Ethnic Polarization, Potential Conflict, and Civil Wars

By José G. Montalvo and Marta Reynal-Querol

American Economic Review, June 2005

Does Competition for Capital Discipline Governments? Decentralization, Globalization, and Public Policy

By Hongbin Cai and Daniel Treisman

American Economic Review, June 2005

The Evolution of High Incomes in Northern America: Lessons from Canadian Evidence

By Emmanuel Saez and Michael R. Veall

American Economic Review, June 2005

Conglomerate Entrenchment under Optimal Financial Contracting

By Antoine Faure- Grimaud and Roman Inderst

American Economic Review, June 2005

The Wrong Kind of Transparency

By Andrea Prat

American Economic Review, June 2005

The Collapse of a Medical Labor Clearinghouse (and Why Such Failures Are Rare)

By C. Nicholas McKinney, Muriel Niederle, and Alvin E. Roth

American Economic Review, June 2005