Multinational Production: Data and Stylized Facts

By Natalia Ramondo, Andrés Rodríguez-Clare, and Felix Tintelnot

American Economic Review, May 2015

We present a comprehensive data set on the bilateral activity of multinational firms, with focus on two variables: affiliate revenues and the number of affiliates across country pairs. Our basic data are from UNCTAD and include 59 countries, an average ov...

A Biological Theory of Social Discounting

By Arthur J. Robson and Balázs Szentes

American Economic Review, November 2014

We consider a growth model in which intergenerational transfers are made via stocks of private and public capital. Private capital is the outcome of individuals' private savings while decisions regarding public capital are made collectively. We hypothes...

The Demography of Mexican Migration to the United States

By Gordon H. Hanson and Craig McIntosh

American Economic Review, May 2009

Economic and Monetary Union in Europe

[Symposium: Europe in 1992]

By Charles R. Bean

Journal of Economic Perspectives, Fall 1992

The European Council's Maastricht Agreement maps out a precise route to monetary union and the eventual introduction of a common currency. My discussion begins with a look at the general arguments for and against monetary union. I shall then discuss the p...

Local Institutions and the Dynamics of Community Sorting

By Andrea Robbett

American Economic Journal: Microeconomics, August 2014

This paper studies the dynamics by which populations with heterogeneous preferences for public good provision sort themselves into communities. I conduct laboratory experiments to consider which institutions best facilitate efficient self-organization whe...

Policy Watch: Congressional Campaign Finance Reform

By Steven D. Levitt

Journal of Economic Perspectives, Winter 1995

While campaign finance reform attracts a lot of attention, it seems unlikely that such reform, at least in it current guise, will have a large impact on the functioning of the American political system. Recent studies have called into question the convent...

Information Percolation in Large Markets

By Darrell Duffie and Gustavo Manso

American Economic Review, May 2007

Recommendations for Further Reading

By Bernard Saffran

Journal of Economic Perspectives, Winter 1992

Playing with Fire: Cigarettes, Taxes, and Competition from the Internet

By Austan Goolsbee, Michael F. Lovenheim, and Joel Slemrod

American Economic Journal: Economic Policy, February 2010

This paper documents the rise of the Internet as a source of state tax-free cigarettes and its impact on taxed sales elasticities. Using data on cigarette tax rates, taxable cigarette sales and individual smoking rates by state from 1980 to 2005 merged...

The Decline of Job Loss and Why It Matters

By Steven J. Davis

American Economic Review, May 2008

The National Longitudinal Surveys

By Michael R. Pergamit, Charles R. Pierret, Donna S. Rothstein, and Jonathan R. Veum

Journal of Economic Perspectives, Spring 2001

This article describes the design features and topical coverage of the National Longitudinal Surveys (NLS). The NLS are perhaps the oldest and most widely used panel surveys of individuals in the United States. These surveys were started in the mid-1960s ...

Coordinating Creditors

By Mark L. J. Wright

American Economic Review, May 2005

"One Discriminatory Rent" or "Double Jeopardy": Multicomponent Negotiation for New Car Purchases

By Meghan R. Busse and Jorge M. Silva-Risso

American Economic Review, May 2010

Battling over Jobs: Occupational Licensing in Health Care

By Morris M. Kleiner

American Economic Review, May 2016

The goal of this paper is to outline the major tensions between the monopoly face of licensing versus potential consumer protection goals of occupational regulation in the health care industry. Historically, health care occupations limited supply as a met...

Equalizing Superstars: The Internet and the Democratization of Education

By Daron Acemoglu, David Laibson, and John A. List

American Economic Review, May 2014

Internet-based educational resources are proliferating rapidly. One concern associated with these (potentially transformative) technological changes is that they will be disequalizing—as many technologies of the last several decades have been—...

American Economic Association Committee on Statistics (AEAStat): Annual Report--2009

By Matthew D. Shapiro

American Economic Review, May 2010

Economywide Implications from US Bioenergy Expansion

By Mark Gehlhar, Agapi Somwaru, Peter B. Dixon, Maureen T. Rimmer, and Ashley R. Winston

American Economic Review, May 2010

Contractibility and the Design of Research Agreements

By Josh Lerner and Ulrike Malmendier

American Economic Review, March 2010

We analyze how contractibility affects contract design. A major concern when designing research agreements is that researchers use their funding to subsidize other projects. We show that, when research activities are not contractible, an option contrac...

Imprecision as an Account of the Preference Reversal Phenomenon

By David J. Butler and Graham C. Loomes

American Economic Review, March 2007

Many individuals' choices and valuations involve a degree of uncertainty/imprecision. This paper reports an experiment designed to obtain some measure of imprecision and to examine the extent to which it can explain preference reversals of two opposite...

Who Benefits from Affirmative Action? The Case of the AEA Summer Minority Program 1986-1990

By Michael A. Leeds

Journal of Economic Perspectives, Spring 1992

Since 1974, the American Economic Association Summer Minority Program (AEASMP) has provided minority undergraduates with intensive training in the core areas of economics. From 1986 to 1990, while the program was at Temple University, this consisted of ad...