Symposium on Federal Deposit Insurance for S&L Institutions

[Symposium: Federal Deposit Insurance]

By Dwight M. Jaffee

Journal of Economic Perspectives, Fall 1989

Federal deposit insurance was introduced to eliminate the bank runs of the Great Depression: the FDIC (Federal Deposit Insurance Corporation) was created in 1933 to insure commercial bank deposits, and the FSLIC (Federal Savings and Loan Insurance Corpora...

Preference Heterogeneity and Insurance Markets: Explaining a Puzzle of Insurance

By David M. Cutler, Amy Finkelstein, and Kathleen McGarry

American Economic Review, May 2008

Report of the Editor: Macroeconomics

American Economic Review, May 2014

How Is Foreign Aid Spent? Evidence from a Natural Experiment

By Eric Werker, Faisal Z. Ahmed, and Charles Cohen

American Economic Journal: Macroeconomics, July 2009

We use oil price fluctuations to test the impact of transfers from wealthy OPEC nations to their poorer Muslim allies. The instrument identifies plausibly exogenous variation in foreign aid. We investigate how aid is spent by tracking its short-run eff...

The Evolution of Intertemporal Preferences

By Arthur J. Robson and Larry Samuelson

American Economic Review, May 2007

Assessment Practices and Trends in Undergraduate Economics Courses

By Georg Schaur, Michael Watts, and William E. Becker

American Economic Review, May 2008

Classroom Experiments: Is More More?

By Tisha L. N. Emerson and Linda English

American Economic Review, May 2016

Studies have demonstrated that classroom experiments have a positive effect on student achievement in economics courses. Questions remain regarding the appropriate number of experiments. In the current study we attempt to determine whether more intensive ...

Institutions, Innovations, and Growth

By Haizhou Huang and Chenggang Xu

American Economic Review, May 1999

A Theory of Buyer-Seller Networks

By Rachel E. Kranton and Deborah F. Minehart

American Economic Review, June 2001

This paper introduces a new model of exchange: networks, rather than markets, of buyers and sellers. It begins with the empirically motivated premise that a buyer and seller must have a relationship, a "link," to exchange goods. Networks--buyers, sellers,...

How to Judge Voting Schemes

[Symposium: Economics of Voting]

By Amartya Sen

Journal of Economic Perspectives, Winter 1995

This symposium on voting procedures presents many interesting findings and insights. This note scrutinizes them and discusses two general issues. First, the assumption that voters' preferences are menu-independent (and based on one canonical ordering of t...

A Simple Mechanism for the Efficient Provision of Public Goods: Experimental Evidence

By Josef Falkinger, Ernst Fehr, Simon Gächter, and Rudolf Winter-Ember

American Economic Review, March 2000

Racial Profiling as a Public Policy Question: Efficiency, Equity, and Ambiguity

By Steven N. Durlauf

American Economic Review, May 2005

Firm-Specific Human Capital as a Shared Investment: Reply

By Masanori Hashimoto

American Economic Review, March 2001

Standing on the Shoulders of Giants: Cumulative Research and the Patent Law

[Symposium: Intellectual Property]

By Suzanne Scotchmer

Journal of Economic Perspectives, Winter 1991

Most innovators stand on the shoulders of giants, and never more so than in the current evolution of high technologies, where almost all technical progress builds on a foundation provided by earlier innovators. Most economics literature on patenting and p...

Space: The Final Frontier

[Symposium: Urban Agglomeration]

By Paul Krugman

Journal of Economic Perspectives, Spring 1998

Traditionally, until the early 1990s, spatial economics -- the study of where economic activity takes place and why -- was pretty much neglected. Even now not one of the best-selling introductory textbooks in economics contains a single index entry for "l...

Repo Market Effects of the Term Securities Lending Facility

By Michael J. Fleming, Warren B. Hrung, and Frank M. Keane

American Economic Review, May 2010

Bank Leverage Cycles

By Galo Nuño and Carlos Thomas

American Economic Journal: Macroeconomics, April 2017

We propose a general equilibrium framework with financial intermediaries subject to endogenous leverage constraints, and assess its ability to explain the observed fluctuations in intermediary leverage and real economic activity. In the model, intermediar...

Beneficial Long Communication in the Multiplayer Electronic Mail Game

By Kris De Jaegher

American Economic Journal: Microeconomics, November 2015

In the two-player electronic mail game (EMG), as is well-known, the probability of collective action is lower the more confirmations and reconfirmations are made available to players. In the multiplayer EMG, however, we show players may coordinate on equi...

Do Online Homework Tools Improve Student Results in Principles of Microeconomics Courses?

By William Lee, Richard H. Courtney, and Steven J. Balassi

American Economic Review, May 2010

Bicameralism and Its Consequences for the Internal Organization of Legislatures

By Daniel Diermeier and Roger B. Myerson

American Economic Review, December 1999

Theories of organization of legislatures have mainly focused on the U.S. Congress, explaining why committee systems emerge there, but not explaining variance in organization across legislatures of different countries. To analyze the effects of different c...