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

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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

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

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

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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

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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...

Eligibility Recertification and Dynamic Opt-In Incentives in Income-Tested Social Programs: Evidence from Medicaid/CHIP

By Zhuan Pei

American Economic Journal: Economic Policy, February 2017

Conventional labor supply studies assume constant eligibility monitoring of income-tested program participants, but the time between two consecutive eligibility certifications (the "recertification period") can be as long as a year for Medicaid/CHIP recip...

Auctions with Anticipated Regret: Theory and Experiment

By Emel Filiz-Ozbay and Erkut Y. Ozbay

American Economic Review, September 2007

This paper demonstrates theoretically and experimentally that in first-price auctions overbidding with respect to the risk neutral Nash equilibrium might be driven from anticipated loser regret (felt when bidders lose at an affordable price). Different in...

How Sensitive Are Low Income Families to Health Plan Prices?

By David Chan and Jonathan Gruber

American Economic Review, May 2010

Distinguished Lecture on Economics in Government: Big Bills Left on the Sidewalk: Why Some Nations Are Rich, and Others Poor

By Mancur Olson

Journal of Economic Perspectives, Spring 1996

Some research presumes that, when rational parties bargain, nothing is left on the table, so that social outcomes are efficient and leave countries on the frontiers of their aggregate production functions. A study of differences in per capita incomes acro...