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Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated US Tax Policy Shocks

By Karel Mertens and Morten O. Ravn

American Economic Journal: Economic Policy, May 2012

We provide evidence on the dynamic effects of tax liability changes in the United States. We distinguish between surprise and anticipated tax changes. Preannounced but not yet implemented tax cuts give rise to contractions in output, investment, and hours...

www.aeaweb.org/articles?id=10.1257/pol.4.2.145

Optimal Inflation for the US Economy

By Roberto M. Billi

American Economic Journal: Macroeconomics, July 2011

This paper studies the optimal long-run inflation rate (OIR) in a small New Keynesian model, where the only policy instrument is a short-term nominal interest rate that may occasionally run against a zero lower bound (ZLB). The model allows for worst-case...

www.aeaweb.org/articles?id=10.1257/mac.3.3.29

Immigrants and Human-Capital Investment

By Harriet Orcutt Duleep and Mark C. Regets

American Economic Review, May 1999

www.aeaweb.org/articles?id=10.1257/aer.89.2.186

Standard Setting Committees: Consensus Governance for Shared Technology Platforms

By Timothy Simcoe

American Economic Review, February 2012

Voluntary Standard Setting Organizations (SSOs) use a consensus process to create new compatibility standards. Practitioners have suggested that SSOs are increasingly politicized and perhaps incapable of producing timely standards. This article develops a...

www.aeaweb.org/articles?id=10.1257/aer.102.1.305

Investigating Income Effects in Scanner Data: Do Gasoline Prices Affect Grocery Purchases?

By Dora Gicheva, Justine Hastings, and Sofia Villas-Boas

American Economic Review, May 2010

www.aeaweb.org/articles?id=10.1257/aer.100.2.480

The Day Care Assignment: A Dynamic Matching Problem

By John Kennes, Daniel Monte, and Norovsambuu Tumennasan

American Economic Journal: Microeconomics, November 2014

We study the problem of centralized allocation of children to public daycare centers, illustrated by the case of Denmark. Our framework applies to problems of dynamic matching in which there is entry and exit of agents over time; for example, the schoo...

www.aeaweb.org/articles?id=10.1257/mic.6.4.362

Do Employers Use Unemployment as a Sorting Criterion When Hiring? Evidence from a Field Experiment

By Stefan Eriksson and Dan-Olof Rooth

American Economic Review, March 2014

The stigma associated with long-term unemployment spells could create large inefficiencies in labor markets. While the existing literature points toward large stigma effects, it has proven difficult to estimate causal relationships. Using data from a fiel...

www.aeaweb.org/articles?id=10.1257/aer.104.3.1014

Trade, Tastes, and Nutrition in India

By David Atkin

American Economic Review, August 2013

This paper explores the causes and consequences of regional taste differences. I introduce habit formation into a standard general equilibrium model. Household tastes evolve over time to favor foods consumed as a child. Thus, locally abundant foods are...

www.aeaweb.org/articles?id=10.1257/aer.103.5.1629

Electoral Accountability and Corruption: Evidence from the Audits of Local Governments

By Claudio Ferraz and Frederico Finan

American Economic Review, June 2011

We show that political institutions affect corruption levels. We use audit reports in Brazil to construct new measures of political corruption in local governments and test whether electoral accountability affects the corruption practices of incumbent ...

www.aeaweb.org/articles?id=10.1257/aer.101.4.1274

Book Reviews

Journal of Economic Literature, December 2017

www.aeaweb.org/articles?id=10.1257/jel.55.4.1615

Economic Policy and Prospects in Iraq

[Symposium: Middle East]

By Christopher Foote, William Block, Keith Crane, and Simon Gray

Journal of Economic Perspectives, Summer 2004

This paper describes the Coalition Provisional Authority's attempts to stabilize and reform Iraq's economy along market lines. It argues that while security concerns remain serious, Iraq's economy has not been crippled by violence. However, sustained econ...

www.aeaweb.org/articles?id=10.1257/0895330042162395

Macroeconomic Priorities

By Robert E. Lucas Jr.

American Economic Review, March 2003

www.aeaweb.org/articles?id=10.1257/000282803321455133

Report: Committee on the Status of Women in the Economics Profession (CSWEP)

American Economic Review, May 2014

www.aeaweb.org/articles?id=10.1257/aer.104.5.664

Child Abuse and Abortion Availability

By Marianne Bitler and Madeline Zavodny

American Economic Review, May 2002

www.aeaweb.org/articles?id=10.1257/000282802320191624

Testing for Indeterminacy: An Application to U.S. Monetary Policy

By Thomas A. Lubik and Frank Schorfheide

American Economic Review, March 2004

This paper considers a prototypical New Keynesian model, in which the equilibrium is undetermined if monetary policy is "passive." The likelihood-based estimation of dynamic equilibrium models is extended to allow for indeterminacies and sunspot fluctuati...

www.aeaweb.org/articles?id=10.1257/000282804322970760

Annotated Listing of New Books

Journal of Economic Literature, June 2015

www.aeaweb.org/articles?id=10.1257/jel.53.2.383

Interesting Questions in Freakonomics

By John DiNardo

Journal of Economic Literature, December 2007

Freakonomics is more about "entertainment" than it is a serious attempt at popularization. Consequently, rather than conduct a comprehensive fact check, I use the book as a springboard for a broader inquiry into social science research and take ...

www.aeaweb.org/articles?id=10.1257/jel.45.4.973