American Economic Review

ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)

Vol. 101, No. 3, May 2011

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Foreword

by Orley C. Ashenfelter
(p. x)
Richard T. Ely Lecture
Recessions and Retirement
Evaluating Empirical Tools for Horizontal Merger Analysis
Economic Underpinnings of Recycling and Waste Disposal Policies
Energy Conservation and Electricity Demand
Economics of the Automobile Sector
Credit Ratings and the Financial Crisis
Topics in Wine Economics
Economics as a Moral Science
Growing New PhD Economists
Frontiers of Productivity and Output Measurement
Economics of the Arts

Art and Money

by William N. Goetzmann, Luc Renneboog, and Christophe Spaenjers
(pp. 222–26)
Moving Beyond Deregulation
Critical Issues in National Climate Policy Design
Law and Economics
The Great Trade Collapse of 2008-2009
Using Field Experiments in Environment and Resource Economics
Causal Effects of Vietnam-Era Military Service on Health and Welfare
Race, Property, and Segregation in Historical Perspective
The Economics of the Medicare Part D Prescription Drug Program
New Approaches for Modeling Risk in Macroeconomics
Behavioral Economics and Consumer Regulation
Responses to Environmental Regulation
Mobility and Monopsony in the Labor Market
Micro versus Macro Labor Supply Elasticities
Culture, Institutions, and Development
Minorities in Eastern Europe
Regression, Reweighting, or Both?
How Economic Measurement Was Invented
Challenges Facing Developing Countries
Race, Gender, Ethnicity, College Choice, and The Labor Market
New Developments in Housing Research
Gender Gaps in Families, Health Care, and Industry
Proceedings