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Did Improvements in Household Technology Cause the Baby Boom? Evidence from Electrification, Appliance Diffusion, and the Amish

By Martha J. Bailey and William J. Collins

American Economic Journal: Macroeconomics, April 2011

We examine the hypothesis that advances in household technology caused the US baby boom, and we find no support for this claim. Advances in household technology occurred before the baby boom, while fertility declined. From 1940 to 1960, levels/changes in ...

Personality Traits and Performance Contracts: Evidence from a Field Experiment among Maternity Care Providers in India

By Katherine Donato, Grant Miller, Manoj Mohanan, Yulya Truskinovsky, and Marcos Vera-Hernández

American Economic Review, May 2017

We study how agents respond to performance incentives according to key personality traits (conscientiousness and neuroticism) through a field experiment offering financial incentives for improving maternal and neonatal health outcomes to rural Indian doct...

Strategic Entry Deterrence and the Behavior of Pharmaceutical Incumbents Prior to Patent Expiration

By Glenn Ellison and Sara Fisher Ellison

American Economic Journal: Microeconomics, February 2011

This paper develops a new approach to testing for strategic entry deterrence and applies it to the behavior of pharmaceutical incumbents before patent expiration. It examines a cross section of markets, determining whether behavior is nonmonotonic in mark...

Antitrust Policy: A Century of Economic and Legal Thinking

[Symposium: Looking Backward at Economics and the Economy]

By William E. Kovacic and Carl Shapiro

Journal of Economic Perspectives, Winter 2000

This article follows the evolution of thinking about competition since the passage of the Sherman Act in 1890 as reflected by major antitrust decisions and research in industrial organization. We divide the U.S. antitrust experience into five periods and ...

Inequality, Leverage, and Crises

By Michael Kumhof, Romain Rancière, and Pablo Winant

American Economic Review, March 2015

The paper studies how high household leverage and crises can be caused by changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of high-income households, a large increase ...