Do Sex Workers Respond to Disease? Evidence from the Male Market for Sex

By Manisha Shah

American Economic Review, May 2013

Sex markets play a key role in the transmission of sexually transmitted infections (STI) and HIV/AIDS in developing countries. While individuals should substitute away from risky sex as STI prevalence rises, female sex workers draw a premium for engaging ...

Should the US Eliminate Entry Barriers to the Practice of Law? Perspectives Shaped by Industry Deregulation

By Clifford Winston and Quentin Karpilow

American Economic Review, May 2016

States' requirements that lawyers obtain a license to practice law, as well as American Bar Association (ABA) regulations of legal practice, constitute barriers to entry to the legal profession. In this paper, we argue that eliminating entry barriers in l...

Francesco Furlanetto on what recent immigration did (and didn't do) to Norway's economy

[Page]

How increased immigration helped lower unemployment in Norway

Greg Upton on the boom and bust cycle in shale country

[Page]

How the arrival of shale gas and oil drilling changes local economies

Investment Incentives in Labor Market Matching

By John William Hatfield, Fuhito Kojima, and Scott Duke Kominers

American Economic Review, May 2014

We provide an illustration of how the design of labor market clearing mechanisms can affect incentives for human capital acquisition. Specifically, we extend the labor market matching model (with discrete transfers) of Kelso and Crawford (1982) to incorpo...

Al Roth on the evolution of kidney exchange markets

[Page]

How the market for kidneys works when no monetary payments are allowed

Going for the Gold: Economists as Expert Witnesses

[Symposium: Economists as Expert Witnesses]

By Michael J. Mandel

Journal of Economic Perspectives, Spring 1999

The use of economists as expert witnesses and consultants has grown dramatically in recent years, driven by such factors as the explosion of mergers and acquisitions. On the plus side, the expert witness boom will likely lead to better regulatory and lega...

The Boston Public School Match

By Atila Abdulkadiroğlu, Parag A. Pathak, Alvin E. Roth, and Tayfun Sönmez

American Economic Review, May 2005

Jihye Kam on the unintended consequences of single-sex schooling in South Korea

[Page]

Why single-sex schooling can discourage female students from pursuing certain majors

Margaret Jacobson on how Roosevelt jump-started the economy in 1933

[Page]

Why ditching the gold standard may have been crucial for recovery

Macro-perspective on Asset Grants Programs: Occupational and Wealth Mobility

By Francisco J. Buera, Joseph P. Kaboski, and Yongseok Shin

American Economic Review, May 2014

We provide a simple quantitative general equilibrium model of occupational choice with credit market frictions to analyze the aggregate and distributional effects of asset transfer programs. Asset transfer programs have a positive but transient effect on ...

Marian Vidal-Fernandez on the persuasive power of "No Pass No Drive" laws

[Page]

Linking driving privileges to academic standing can pay dividends

Microeconomic Issues in the Transition to a Market Economy

[Symposium: Economic Transition in the Soviet Union and Eastern Europe]

By Jan Svejnar

Journal of Economic Perspectives, Fall 1991

The socialist system introduced microeconomic distortions that probably transcend those observed in the third world. The recent developments in Poland, Yugoslavia, and the Soviet Union also support the hypothesis that macro stabilization will be difficult...

An Astonishing Sixty Years: The Legacy of Hiroshima

By Thomas C. Schelling

American Economic Review, September 2006

Beyond Beta-Delta: The Emerging Economics of Personal Plans

By John Beshears, Katherine L. Milkman, and Joshua Schwartzstein

American Economic Review, May 2016

People make personal plans regarding whether, when, where, and how to undertake certain actions. We discuss three questions related to personal plans. First, what are the effects of plans on behavior? Second, when are plans formed? Third, how do plans dev...

Why is There so Little Money in U.S. Politics?

By Stephen Ansolabehere, John M. de Figueiredo, and James M. Snyder Jr

Journal of Economic Perspectives, Winter 2003

Grading Standards and Education Quality

By Raphael Boleslavsky and Christopher Cotton

American Economic Journal: Microeconomics, May 2015

We consider school competition in a Bayesian persuasion framework. Schools compete to place graduates by investing in education quality and by choosing grading policies. In equilibrium, schools strategically adopt grading policies that do not perfectly re...

Has Poverty Gotten Worse?

[Symposium: Measuring Poverty]

By Robert K. Triest

Journal of Economic Perspectives, Winter 1998

The official U.S. government figures showed an increase in the poverty rate from 11.1 percent in 1973 to 13.8 percent in 1995. However, some maintain that this upward trend is due to defects in the official poverty measure. This paper analyzes alternative...

Trade Liberalization and New Imported Inputs

By Pinelopi Goldberg, Amit Khandelwal, Nina Pavcnik, and Petia Topalova

American Economic Review, May 2009

The Nonlinear Relationship between Terrorism and Poverty

By Walter Enders and Gary A. Hoover

American Economic Review, May 2012

In spite of the common wisdom that poverty breeds terrorism, econometric tests usually find that terrorism is influenced by population and various measures of democratic freedom, but not per capita GDP. Unlike previous studies, we use a data set containin...