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...

Explaining Asset Prices with External Habits and Wage Rigidities in a DSGE Model

By Harald Uhlig

American Economic Review, May 2007

Openness, Open Source, and the Veil of Ignorance

By Suzanne Scotchmer

American Economic Review, May 2010

Recommendations for Further Reading

By Timothy Taylor

Journal of Economic Perspectives, Spring 2008

Coming to America: Does Having a Developed Home Country Matter for Self-Employment in the United States?

By Ruth Uwaifo Oyelere and Willie Belton

American Economic Review, May 2012

This research examines the relationship between the economic status of an immigrant's home country and the probability of self-employment in the US. We find that immigrants from developing countries on average have lower self-employment probabilities rela...

A Note on Different Approaches to Index Number Theory

By Matthijs van Veelen and Roy van der Weide

American Economic Review, September 2008

Free Markets and Fettered Consumers

By Daniel McFadden

American Economic Review, March 2006

Taxes, Social Subsidies, and the Allocation of Work Time

By L. Rachel Ngai and Christopher A. Pissarides

American Economic Journal: Macroeconomics, October 2011

We examine the allocation of hours of work across industrial sectors in OECD countries. We find large disparities across three sector groups, one that produces goods without home substitutes, and two others that have home substitutes but are treated diffe...

Portfolio Choices of Parents and Their Children as Young Adults: Asset Accumulation by African-American Families

By Ngina S. Chiteji and Frank P. Stafford

American Economic Review, May 1999

Regional Workshops to Improve the Teaching Skills of Economics Faculty

By Rae Jean B. Goodman, Mark Maier, and Robert L. Moore

American Economic Review, May 2003

Matriculation in U.S. Economics Ph.D. Programs: How Many Accepted Americans Do Not Enroll?

By T. Aldrich Finegan, Wendy A. Stock, and John J. Siegfried

American Economic Review, May 2006

Household Resource Allocation in Stepfamilies: Darwin Reflects on the Plight of Cinderella

By Anne Case, I-Fen Lin, and Sara McLanahan

American Economic Review, May 1999

A Theory of Strategic Voting in Runoff Elections

By Laurent Bouton

American Economic Review, June 2013

This paper analyzes the properties of runoff electoral systems when voters are strategic. A model of three-candidate runoff elections is presented, and two new features are included: the risk of upset victory in the second round is endogenous, and many...

Testing for Indeterminacy: An Application to U.S. Monetary Policy: Reply

By Thomas A. Lubik and Frank Schorfheide

American Economic Review, March 2007

Neuroeconomics: A Comment on Bernheim

By Joel Sobel

American Economic Journal: Microeconomics, August 2009

This paper comments on "On the Potential of Neuroeconomics: A Critical (but Hopeful) Appraisal" by B. Douglas Bernheim. (JEL D01, D87)

Capital Mobility in NeoClassical Models of Growth: Comment

By Petr Duczynski

American Economic Review, June 2000

SSI for Disabled Immigrants: Why Do Ethnic Networks Matter?

By Delia Furtado and Nikolaos Theodoropoulos

American Economic Review, May 2013

Immigrants residing among many coethnics are especially likely to receive SSI for a disability when they belong to high SSI take-up immigrant groups. After showing that this relationship cannot be fully explained by differences in health, we consider the ...