Common Practice: Spillovers from Medicare on Private Health Care

By Michael L. Barnett, Andrew Olenski, and Adam Sacarny

American Economic Journal: Economic Policy, August 2023

Efforts to raise US health-care productivity have proceeded slowly, potentially due to the fragmentation of payment across insurers. Each insurer's efforts to improve care could influence how doctors practice for other insurers, leading to unvalued extern...

Spending Responses to High-Frequency Shifts in Payment Timing: Evidence from the Earned Income Tax Credit

By Aditya Aladangady, Shifrah Aron-Dine, David Cashin, Wendy Dunn, Laura Feiveson, Paul Lengermann, Katherine Richard, and Claudia Sahm

American Economic Journal: Economic Policy, August 2023

This study explores the spending response to tax refunds for Earned Income Tax Credit recipients using a novel dataset combining transaction-based measures of retail spending with administrative IRS data on tax refunds. Our dataset allows us to exploit va...

How Social Security Reform Affects Retirement and Pension Claiming

By Rafael Lalive, Arvind Magesan, and Stefan Staubli

American Economic Journal: Economic Policy, August 2023

A reform increasing the full retirement age (FRA) by one year leads to larger than expected delays in pension claiming and retirement, while making late claiming more lucrative leads to a smaller than expected delay in pension claiming. Survey evidence sh...

Investing in Ex Ante Regulation: Evidence from Pharmaceutical Patent Examination

By Michael D. Frakes and Melissa F. Wasserman

American Economic Journal: Economic Policy, August 2023

We explore how the US Patent and Trademark Office may improve the quality of issued patents on "secondary" drug features by giving examiners more time to review drug patent applications. Our findings suggest that current time allocations are causing exami...

The Impact of Organizational Boundaries on Health Care Coordination and Utilization

By Leila Agha, Keith Marzilli Ericson, and Xiaoxi Zhao

American Economic Journal: Economic Policy, August 2023

We measure organizational concentration—the distribution of a patient's health care across organizations—to examine how firm boundaries affect health care efficiency. First, when patients move to regions where outpatient visits are typically concentra...

Corporate Tax Breaks and Executive Compensation

By Eric Ohrn

American Economic Journal: Economic Policy, August 2023

I analyze the effect of two corporate tax breaks, bonus depreciation and the Domestic Production Activities Deduction (DPAD), on executive compensation in publicly traded US firms. I find both tax breaks significantly increase executive compensation. For ...

Incentivizing School Attendance in the Presence of Parent-Child Information Frictions

By Damien de Walque and Christine Valente

American Economic Journal: Economic Policy, August 2023

Many countries use CCTs targeted to parents to promote schooling. Attendance conditions may work through two channels: incentivization and information. If children have private information, (i) providing attendance information to parents may increase atte...

The Costs of Misaligned Incentives: Energy Inefficiency and the Principal-Agent Problem

By Joshua A. Blonz

American Economic Journal: Economic Policy, August 2023

In many settings, misaligned incentives and inadequate monitoring lead employees to take self-interested actions. This paper identifies and quantifies the costs of this principal-agent problem in the context of an energy efficiency appliance replacement p...

Interregional Contact and the Formation of a Shared Identity

By Manuel Bagues and Christopher Roth

American Economic Journal: Economic Policy, August 2023

We study the long-run effects of contact with individuals from other regions in early adulthood on preferences, beliefs, and national identity. We combine a natural experiment, the random assignment of male conscripts to different locations throughout Spa...

ACE—Analytic Climate Economy

By Christian P. Traeger

American Economic Journal: Economic Policy, August 2023

I study optimal carbon taxation in an analytic quantitative integrated assessment model (IAM) that links IAM components, parametric assumptions, and calibration approaches directly to their policy impacts. I show how temperature's tax impact differs from ...

Voting for Democracy: Chile's Plebiscito and the Electoral Participation of a Generation

By Ethan Kaplan, Fernando Saltiel, and Sergio Urzúa

American Economic Journal: Economic Policy, August 2023

This paper assesses the long-term consequences of voting for democracy. We study Chile's 1988 plebiscite, which ended 15 years of dictatorship and reestablished democracy. Taking advantage of individual-level voting data, we implement an age-based regress...

College Enrollment and Mandatory FAFSA Applications: Evidence from Louisiana

By Christa Deneault

American Economic Journal: Economic Policy, August 2023

I estimate the impact of a Louisiana state policy that mandated Free Application for Federal Student Aid (FAFSA) applications as a high school graduation requirement. I find significant increases in FAFSA completion rates (19 percentage points), and my es...

Call for Applications: Work and Family Researchers Network Early Career Fellowships

[News]

August 01, 2023

The deadline for applications is October 15, 2023.

Call for Papers: Applied Economics and Teaching Resources Special Issue

[News]

August 01, 2023

The deadline for submissions is December 31, 2023.

Delegates and Representatives

[Page]

By-Laws of the American Economic Association (AEA)

[Page]

Social media and inflammatory rhetoric

[Page]

Does animosity toward minorities on Twitter increase antiminority sentiment and lead to hate crimes?

Front Matter

Journal of Economic Perspectives, Summer 2023

Think Globally, Act Globally: Opportunities to Mitigate Greenhouse Gas Emissions in Low- and Middle-Income Countries

[Symposium: International Dimensions of Climate Change Policy]

By Rachel Glennerster and Seema Jayachandran

Journal of Economic Perspectives, Summer 2023

Reductions in greenhouse gas emissions are a global public good, which makes it efficient to act globally when addressing this challenge. We lay out several reasons that high-income countries seeking to mitigate climate change might have greater impact if...

Carbon Border Adjustments, Climate Clubs, and Subsidy Races When Climate Policies Vary

[Symposium: International Dimensions of Climate Change Policy]

By Kimberly A. Clausing and Catherine Wolfram

Journal of Economic Perspectives, Summer 2023

Jurisdictions adopt climate policies that vary in terms of both ambition and policy approach, with some pricing carbon and others subsidizing clean production. We distinguish two types of policy spillovers from these diverse approaches. First, when countr...