Who Chooses Annuities? An Experimental Investigation of the Role of Gender, Framing, and Defaults

By Julie R. Agnew, Lisa R. Anderson, Jeffrey R. Gerlach, and Lisa R. Szykman

American Economic Review, May 2008

The Economics of Lesbian and Gay Families

[Symposium: Household Economics]

By Dan A. Black, Seth G. Sanders, and Lowell J. Taylor

Journal of Economic Perspectives, Spring 2007

In this essay, we provide some statistics about the gay and lesbian population in the United States, and ask if analysis based on economic reasoning can provide insight into the family outcomes we observe. We do not start with a hypothesis of innate diffe...

Assessing the Welfare Effects of Unemployment Benefits Using the Regression Kink Design

By Camille Landais

American Economic Journal: Economic Policy, November 2015

I show how, in the tradition of the dynamic labor supply literature, one can identify the moral hazard effects and liquidity effects of unemployment insurance (UI) using variations along the time profile of unemployment benefits. I use this strategy to in...

Crisis and Risk Management

By Myron S. Scholes

American Economic Review, May 2000

Incentives in Principal-Agent Relationships

[Symposium: Organizations and Economics]

By David E. M. Sappington

Journal of Economic Perspectives, Spring 1991

This article identifies some of the major issues that have been examined in the literature on incentives. The article begins by discussing the frictions that lie at the heart of incentive problems. Next, the principal's optimal response to these frictions...

New Approaches to Surveying Organizations

By Nicholas Bloom and John Van Reenen

American Economic Review, May 2010

Fiscal Spending Jobs Multipliers: Evidence from the 2009 American Recovery and Reinvestment Act

By Daniel J. Wilson

American Economic Journal: Economic Policy, August 2012

This paper estimates the "jobs multiplier" of fiscal stimulus spending using the state-level allocations of federal stimulus funds from the American Recovery and Reinvestment Act (ARRA) of 2009. Because the level and timing of stimulus funds that a state...

Government Spending Multipliers in Developing Countries: Evidence from Lending by Official Creditors

By Aart Kraay

American Economic Journal: Macroeconomics, October 2014

I use a novel loan-level dataset covering lending by official creditors to developing country governments to construct an instrument for government spending. Loans from official creditors typically finance multiyear public spending projects, with disbu...

Correspondence: The One Percent: Robert Solow, N. Gregory Mankiw, Richard V. Burkhauser, and Jeff Larrimore

Journal of Economic Perspectives, Winter 2014

Forty Years of Public Economics: A Personal Perspective

By Jacques H. Dreze

Journal of Economic Perspectives, Spring 1995

This paper presents a personal perspective on the field of public economics with emphasis on the interplay of theory and applications. In the early 1950s, theoretical developments grew out of practical applications. Yet, few economists succeed in creative...

What Inventory Behavior Tells Us about Business Cycles

By Mark Bils and James A. Kahn

American Economic Review, June 2000

The countercyclical pattern of inventory-sales ratios is a striking feature of inventory behavior. In a model where inventories are productive for sales, both the markup of price over marginal cost and expected changes in marginal cost are key determinant...

Report of the Editor: American Economic Review

American Economic Review, May 2015

Markets and Diversity

By Sherwin Rosen

American Economic Review, March 2002

Heterogeneous Scarring Effects of Full-Year Nonemployment

By Fatih Guvenen, Fatih Karahan, Serdar Ozkan, and Jae Song

American Economic Review, May 2017

Drawing on administrative data from the Social Security Administration, we find that individuals that go through a long period of non-employment suffer large and long-term earnings losses (around 35-40 percent) compared to individuals with similar age and...

The Purchasing Power Parity Debate

By Alan M. Taylor and Mark P. Taylor

Journal of Economic Perspectives, Fall 2004

Originally propounded by the sixteenth-century scholars of the University of Salamanca, the concept of purchasing power parity (PPP) was revived in the interwar period in the context of the debate concerning the appropriate level at which to reestablish i...

Cycling to School: Increasing Secondary School Enrollment for Girls in India

By Karthik Muralidharan and Nishith Prakash

American Economic Journal: Applied Economics, July 2017

We study the impact of an innovative program in the Indian state of Bihar that aimed to reduce the gender gap in secondary school enrollment by providing girls who continued to secondary school with a bicycle that would improve access to school. Using d...

I Take Care of My Own: A Field Study on How Leadership Handles Conflict between Individual and Collective Incentives

By Romain Gauriot and Lionel Page

American Economic Review, May 2015

In most collective actions, individuals' incentives are not perfectly aligned with the goals of the group/team they are part of. We investigate how individual specific incentives affect both individuals and team leaders' strategies in a natural setting. W...

Teaching Students and Teaching Each Other: The Importance of Peer Learning for Teachers

By C. Kirabo Jackson and Elias Bruegmann

American Economic Journal: Applied Economics, October 2009

Using longitudinal elementary school teacher and student data, we document that students have larger test score gains when their teachers experience improvements in the observable characteristics of their colleagues. Using within-school and within-teac...

Physician Payment Reform and Hospital Referrals

By Kate Ho and Ariel Pakes

American Economic Review, May 2014

Commercial health insurers in California use provider capitation payments to different extents. These are similar to arrangements introduced by the recent health reforms to give physicians incentives to control costs. In a previous paper we showed that pa...

Was the New Deal Contractionary?

By Gauti B. Eggertsson

American Economic Review, February 2012

Can government policies that increase the monopoly power of firms and the militancy of unions increase output? This paper shows that the answer is yes under certain "emergency" conditions. These emergency conditions—zero interest rates and deflation...