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Showing 17,101-17,120 of 17,591 items.

Long Wars

By Sandeep Baliga and Tomas Sjöström

American Economic Review: Insights

We study whether the Coase conjecture holds for bargaining during war. Two players, A and B, contest a divisible resource until one side collapses or agreement is reached. If player B is militarily strong then he insists on getting a large share. Howev...

www.aeaweb.org/articles?id=10.1257/aeri.20240624

Breaking Bad News

By Moritz Meyer-ter-Vehn and Simon Board

American Economic Review: Insights

We study how information disclosure shapes social learning about a potentially harmful product. Increased transparency helps early agents avoid harm, which may undermine learning by later agents. Despite this conflict of interest, we show that full tra...

www.aeaweb.org/articles?id=10.1257/aeri.20250043

Optimal Taxation of Inflation

By Damien Capelle and Yang Liu

American Economic Journal: Macroeconomics

This paper analyzes the effectiveness of a tax on inflation policy (TIP), which would require firms to pay a tax proportional to the increase in their prices or wages, in stabilizing inflation. We show that TIP would effectively correct externalities i...

www.aeaweb.org/articles?id=10.1257/mac.20240248

The Effect of Mergers on Innovation

By Kaustav Das, Tatiana Mayskaya, and Arina Nikandrova

American Economic Journal: Microeconomics

We study the effect of a merger on R&D activity in a dynamic model with uncertainty about the feasibility of innovation. The merger has three effects: it may reduce the number of follow-up innovations (cannibalization effect), increase the probability ...

www.aeaweb.org/articles?id=10.1257/mic.20240062

Immigration, Innovation, and Growth

By Stephen J. Terry, Thomas Chaney, Konrad B. Burchardi, Lisa Tarquinio, and Tarek A. Hassan

American Economic Review

We propose a novel identification strategy to isolate exogenous immigration shocks across US counties, by interacting quasi-random variations in the composition of ancestry across counties with the contemporaneous inflow of migrants from different count...

www.aeaweb.org/articles?id=10.1257/aer.20211601

Taxes Today, Benefits Tomorrow

By Thomas Le Barbanchon

American Economic Journal: Applied Economics, October 2025

This paper tests whether partially unemployed workers value future preserved benefits when they bunch at the kink of the unemployment insurance benefit-withdrawal schedule. I extend the bunching formula of Saez (2010) to a dynamic setting that accounts fo...

www.aeaweb.org/articles?id=10.1257/app.20210550

Pulled In and Crowded Out: Heterogeneous Outcomes of Merit-Based School Choice

By Antonio Dalla-Zuanna, Kai Liu, and Kjell G. Salvanes

American Economic Journal: Applied Economics, October 2025

We analyze the effects of reforming the high school admission system from a residence based allocation to a merit-based allocation. The merit-based system generates oversubscribed schools, which favor high-GPA students at the expense of displacing low-GPA...

www.aeaweb.org/articles?id=10.1257/app.20220104

Labor Market Inequality and the Changing Life Cycle Profile of Male and Female Wages

By Richard Blundell, Hugo Lopez, and James P. Ziliak

American Economic Journal: Applied Economics, October 2025

We estimate the full distribution of life cycle wages for cohorts of men and women in the United States using a quantile selection model to account for systematic differences in employment by gender and education group. Although common within-group time e...

www.aeaweb.org/articles?id=10.1257/app.20220454

Down to the Wire: Leveraging Technology to Improve Electric Utility Cost Recovery

By Husnain F. Ahmad, Ayesha Ali, Robyn C. Meeks, Zhenxuan Wang, and Javed Younas

American Economic Journal: Applied Economics, October 2025

We study the effects of a technical intervention in Karachi, Pakistan—converting bare distribution wires to aerial bundled cables (ABCs)—that was intended to prevent illegal grid connections and improve utility cost recovery. Theft-resistant cables re...

www.aeaweb.org/articles?id=10.1257/app.20230468

The Franchise, Policing, and Race: Evidence from Arrests Data and the Voting Rights Act

By Giovanni Facchini, Brian Knight, and Cecilia Testa

American Economic Journal: Applied Economics, October 2025

This paper investigates the relationship between the franchise and policing. We find that, following the Voting Rights Act of 1965, Black arrest rates in counties that both had more newly enfranchised Blacks and were covered by the legislation fell, compa...

www.aeaweb.org/articles?id=10.1257/app.20230640

Where Do My Tax Dollars Go? Tax Morale Effects of Perceived Government Spending

By Matias Giaccobasso, Brad Nathan, Ricardo Perez-Truglia, and Alejandro Zentner

American Economic Journal: Applied Economics, October 2025

Do perceptions about government spending affect willingness to pay taxes? We test this hypothesis with a natural field experiment that focuses on the allocation of property taxes to public schools. Our results show that taxpayers often misperceive the des...

www.aeaweb.org/articles?id=10.1257/app.20240029