Pricing and Efficiency in the Market for IP Addresses

By Benjamin Edelman and Michael Schwarz

American Economic Journal: Microeconomics, August 2015

We consider market rules for transferring IP addresses, numeric identifiers required by all computers connected to the Internet. Transfers usefully move resources from lowest- to highest-valuation networks, but transfers tend to cause socially costly grow...

Recommendations for Further Reading

Journal of Economic Perspectives, Summer 1996

Patient Cost-Sharing and Healthcare Spending Growth

[Symposium: Constraining Healthcare Costs]

By Katherine Baicker and Dana Goldman

Journal of Economic Perspectives, Spring 2011

In this paper, we explore the role patient incentives play in slowing healthcare spending growth. Evidence suggests that while patients do indeed respond to financial incentives, cost-sharing does not uniformly improve value; rather, cost-sharing provisi...

Estimating the Effects of Private School Vouchers in Multidistrict Economies

By Maria Marta Ferreyra

American Economic Review, June 2007

This paper estimates a general equilibrium model of school quality and household residential and school choice for economies with multiple public school districts and private (religious and nonsectarian) schools. The estimates, obtained through full-so...

Mexican Immigrant Employment Outcomes over the Business Cycle

By Pia M. Orrenius and Madeline Zavodny

American Economic Review, May 2010

Front Matter

American Economic Review, June 1999

State Taxes and Interstate Hazardous Waste Shipments

By Arik Levinson

American Economic Review, June 1999

Competing for Endorsements

By Gene M. Grossman and Elhanan Helpman

American Economic Review, June 1999

Endorsements are a simple language for communication between interest group leaders and group members. The members, who share policy concerns, may not perfectly understand where their interests lie on certain issues. If their leaders cannot fully explain ...

Aid, Nontraded Goods, and the Transfer Paradox in Small Countries

By Makoto Yano and Jeffrey B. Nugent

American Economic Review, June 1999

This paper constructs a model of the transfer paradox for a small open economy with nontraded goods. It demonstrates that increased production of nontraded goods can change their domestic price so as to offset the otherwise beneficial effect of aid and, u...

Strategic Behavior in Contests: Reply

By Avinash Dixit

American Economic Review, June 1999

International Stock Market Equilibrium with Heterogenous Tastes

By James A. Bennett and Leslie Young

American Economic Review, June 1999

Strategic Behavior in Contests: Comment

By Michael R. Baye and Onsong Shin

American Economic Review, June 1999

Contracts as Reference Points—Experimental Evidence

By Ernst Fehr, Oliver Hart, and Christian Zehnder

American Economic Review, April 2011

Hart and John Moore (2008) introduce new behavioral assumptions that can explain long-term contracts and the employment relation. We examine experimentally their idea that contracts serve as reference points. The evidence confirms the prediction that ther...

Contract Form, Wage Flexibility, and Employment

By Thomas Lemieux, W. Bentley MacLeod, and Daniel Parent

American Economic Review, May 2012

We begin with two uncontroversial hypotheses - firm productivity is expensive to measure and employment entails relationship-specific investments. These assumptions imply that firms would optimally choose fixed-wage contracts, and complement these with bo...

Slowing down the population boom

[News]

November 29, 2017

How family planning efforts reduced fertility rates after World War II.

Race and Gender Differences under Federal Sentencing Guidelines

By Todd Sorensen, Supriya Sarnikar, and Ronald L. Oaxaca

American Economic Review, May 2012

Using data from the United States Sentencing Commission, we examine how judicial biases may have influenced sentences during the era of the Federal criminal sentencing guidelines. Our utility maximization model of judicial sentencing preferences leads to ...

Monetary Policy without Interest Rates: Evidence from France's Golden Age (1948 to 1973) Using a Narrative Approach

By Eric Monnet

American Economic Journal: Macroeconomics, October 2014

Central banking in France from 1948 to 1973 was a paradigmatic example of a policy that relied on quantities rather than interest rates. Standard SVAR analyses support the common view that monetary policy was ineffective during this period. However, th...

Marriage Networks, Nepotism, and Labor Market Outcomes in China

By Shing-Yi Wang

American Economic Journal: Applied Economics, July 2013

This paper considers the role of marriage in improving labor market outcomes through the expansion of an individual's networks. I focus on the impact of the relationship with the father-in-law on a young man's career using panel data from China. The id...

Wearable Technologies and Health Behaviors: New Data and New Methods to Understand Population Health

By Benjamin Handel and Jonathan Kolstad

American Economic Review, May 2017

We study a randomized control trial in a large employer population of access to "wearable" technologies and the associated planning and monitoring tools on improved health behaviors (sleep and exercise). Both ITT and IV estimates based on actual plan enro...

Time to Ditch the NAIRU

[Symposium: The Natural Rate of Unemployment]

By James K. Galbraith

Journal of Economic Perspectives, Winter 1997

The concept of a natural rate of unemployment, or nonaccelerating inflation rate of unemployment (NAIRU), remains controversial after twenty-five years. This essay presents a brief for no-confidence, in four parts. First, the theoretical case for the natu...