The Rise of the Service Economy

By Francisco J. Buera and Joseph P. Kaboski

American Economic Review, October 2012

This paper analyzes the role of specialized high-skilled labor in the disproportionate growth of the service sector. Empirically, the importance of skill-intensive services has risen during a period of increasing relative wages and quantities of high-skil...

Optimal Mirrleesean Taxation in a Ben-Porath Economy

By Marek Kapička

American Economic Journal: Macroeconomics, April 2015

I characterize optimal taxes in a life-cycle economy where ability and human capital are unobservable. I show that unobservable human capital effectively makes preferences over labor nonseparable across age. I generalize the static optimal tax formulas to...

Two Happiness Puzzles

By Angus Deaton and Arthur A. Stone

American Economic Review, May 2013

We consider two happiness puzzles. First, many studies show that only relative income matters for well-being. Yet the Gallup data for the United States and from the rest of the world show no such result, at least for life evaluation. There may be relative...

Inside China's Cities: Institutional Barriers and Opportunities for Urban Migrants

By Feng Wang and Xuejin Zuo

American Economic Review, May 1999

Market Failure and Government Failure

[Symposium: The State and Economic Development]

By Mrinal Datta-Chaudhuri

Journal of Economic Perspectives, Summer 1990

For several decades a debate has been raging in development economics on the relative virtues of the free market as opposed to state intervention, with neither side convincing the other. While this sterile debate continues, experiences accumulated from re...

Information, Direct Access to Farmers, and Rural Market Performance in Central India

By Aparajita Goyal

American Economic Journal: Applied Economics, July 2010

This paper estimates the impact of a change in procurement strategy of a private buyer in the central Indian state of Madhya Pradesh. Beginning in October 2000, Internet kiosks and warehouses were established that provide wholesale price information and ...

Manipulation of Procurement Contracts: Evidence from the Introduction of Discretionary Thresholds

By Ján Palguta and Filip Pertold

American Economic Journal: Economic Policy, May 2017

We present evidence of how policies that create opportunities to avoid open competition in procurement lead to the manipulation of procurement values. We exploit a policy reform in which public bodies were given the autonomy to preselect potential contrac...

The Impact of Individual Teachers on Student Achievement: Evidence from Panel Data

By Jonah E. Rockoff

American Economic Review, May 2004

Front Matter

American Economic Journal: Microeconomics, February 2017

Correction and Update: The Economic Effects of Climate Change

By Richard S. J. Tol

Journal of Economic Perspectives, Spring 2014

Gremlins intervened in the preparation of my paper "The Economic Effects of Climate Change" published in the Spring 2009 issue of this journal. In Table 1 of that paper, titled "Estimates of the Welfare Impact of Climate Change," minus signs were dropped ...

Correction: Governance and Growth in Sub-Saharan Africa

By Benno J. Ndulu and Stephen A. O'Connell

Journal of Economic Perspectives, Summer 2000

Estimation of an Education Production Function under Random Assignment with Selection

By Eleanor Jawon Choi, Hyungsik Roger Moon, and Geert Ridder

American Economic Review, May 2014

This paper estimates an education production function using data on the College Scholastic Ability Test score and high school characteristics from Seoul, Korea, where, on entering high school, students are randomly assigned to schools within each school d...

Retrospectives: The Cyclical Behavior of Labor Productivity and the Emergence of the Labor Hoarding Concept

By Jeff E. Biddle

Journal of Economic Perspectives, Spring 2014

The concept of "labor hoarding," at least in its modern form, was first fully articulated in the early 1960s by Arthur Okun (1963). By the end of the 20th century, the concept of "labor hoarding" had become an accepted part of economists' explanations of ...

Notes

Journal of Economic Perspectives, Summer 2000

Recommendations for Further Reading

Journal of Economic Perspectives, Summer 1998

Recommendations for Further Reading

By Bernard Saffran

Journal of Economic Perspectives, Summer 2000

Over My Dead Body: Bargaining and the Price of Dignity

By Roland Benabou and Jean Tirole

American Economic Review, May 2009

Myths and Realities of American Political Geography

[Symposium: Red and Blue States]

By Edward L. Glaeser and Bryce A. Ward

Journal of Economic Perspectives, Spring 2006

The division of America into red states and blue states misleadingly suggests that states are split into two camps, but along most dimensions, like political orientation, states are on a continuum. By historical standards, the number of swing states is no...

Does Where You Stand Depend on Where You Sit? Tithing Donations and Self-Serving Beliefs

By Gordon B. Dahl and Michael R. Ransom

American Economic Review, September 1999

Economists and psychologists argue that individuals skew personal beliefs to accord with their own interests. To test for the presence of self-serving beliefs, we surveyed 1,200 members of the Mormon Church about tithing. A tithe is a voluntary contributi...

More Money, More Problems? Can High Pay Be Coercive and Repugnant?

By Sandro Ambuehl, Muriel Niederle, and Alvin E. Roth

American Economic Review, May 2015

IRBs can disallow high incentives they deem coercive. A vignette study on MTurk concerning participation in medical trials shows that a substantial minority of subjects concurs. They think high incentives cause more regret, and that more people would be b...