American Economic Review

1969 - 2008

Edited by Robert Moffitt

from American Economic Association
Contact information at EDIRC.
Series data maintained by Christopher F. Baum ().

Access Statistics for this journal.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

Volume 98, issue 1, 2008

Evolution and Intelligent Design pp. 5-37

Thomas J. Sargent

Deal or No Deal? Decision Making under Risk in a Large-Payoff Game Show pp. 38-71

Thierry Post, Martijn J. van den Assem, Guido Baltussen and Richard H. Thaler

Rational Expectations in Games pp. 72-86

Robert J. Aumann and Jacques H. Dreze

Asymmetric Auctions with Resale pp. 87-112

Isa Hafalir and Vijay Krishna

Optimal Gerrymandering: Sometimes Pack, but Never Crack pp. 113-44

John N. Friedman and Richard T. Holden

When Does Coordination Require Centralization? pp. 145-79

Ricardo Alonso, Wouter Dessein and Niko Matouschek

On the Empirical Content of Quantal Response Equilibrium pp. 180-200

Philip A. Haile, Ali Hortaçsu and Grigory Kosenok

A Dynamic Theory of Public Spending, Taxation, and Debt pp. 201-36

Marco Battaglini and Stephen Coate

Vertical Arrangements, Market Structure, and Competition: An Analysis of Restructured US Electricity Markets pp. 237-66

James B. Bushnell, Erin T. Mansur and Celeste Saravia

Persistence of Power, Elites, and Institutions pp. 267-93

Daron Acemoglu and James A. Robinson

Betrayal Aversion: Evidence from Brazil, China, Oman, Switzerland, Turkey, and the United States pp. 294-310

Iris Bohnet, Fiona Greig, Benedikt Herrmann and Richard Zeckhauser

Female Socialization: How Daughters Affect Their Legislator Fathers pp. 311-32

Ebonya L. Washington

The Mystery of Monogamy pp. 333-57

Eric D. Gould, Omer Moav and Avi Simhon

An Equilibrium Model of "Global Imbalances" and Low Interest Rates pp. 358-93

Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas

Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability? pp. 394-425

Lucia Foster, John Haltiwanger and Chad Syverson

On the Evolution of Firm Size Distributions pp. 426-38

Paolo Angelini and Andrea Generale

Growth Dynamics: The Myth of Economic Recovery pp. 439-57

Valerie Cerra and Sweta Chaman Saxena

Gambling at Lucky Stores: Empirical Evidence from State Lottery Sales pp. 458-73

Jonathan Guryan and Melissa S. Kearney

A Model of Housing in the Presence of Adjustment Costs: A Structural Interpretation of Habit Persistence pp. 474-95

Marjorie Flavin and Shinobu Nakagawa

A Simple Auction Mechanism for the Optimal Allocation of the Commons pp. 496-518

Juan-Pablo Montero

The Dynamic Behavior of the Real Exchange Rate in Sticky Price Models pp. 519-33

Jón Steinsson

Collective Memory, Cultural Transmission, and Investments pp. 534-60

Roberta Dessí

Bureaucrats or Politicians? Comment pp. 561-62

Fuhito Kojima

Volume 97, issue 5, 2007

Life-Cycle Prices and Production pp. 1533-1559

Mark Aguiar and Erik Hurst

Theft, Gift-Giving, and Trustworthiness: Honesty Is Its Own Reward in Rural Paraguay pp. 1560-1582

Laura Schechter

Child Protection and Child Outcomes: Measuring the Effects of Foster Care pp. 1583-1610

Joseph J. Doyle

Trade Liberalization, Intermediate Inputs, and Productivity: Evidence from Indonesia pp. 1611-1638

Mary Amiti and Jozef Konings

Establishment Size Dynamics in the Aggregate Economy pp. 1639-1666

Esteban Rossi-Hansberg and Mark L. J. Wright

Demographics and Industry Returns pp. 1667-1702

Stefano DellaVigna and Joshua M. Pollet

Antitrust in Innovative Industries pp. 1703-1730

Ilya Segal and Michael D. Whinston

Fatal Attraction: Salience, Naïveté, and Sophistication in Experimental “Hide-and-Seek” Games pp. 1731-1750

Vincent P. Crawford and Nagore Iriberri

Group Reputations, Stereotypes, and Cooperation in a Repeated Labor Market pp. 1751-1773

Paul J. Healy

Does Price Matter in Charitable Giving? Evidence from a Large-Scale Natural Field Experiment pp. 1774-1793

Dean Karlan and John List

Impossibility of Collusion under Imperfect Monitoring with Flexible Production pp. 1794-1823

Yuliy Sannikov and Andrzej Skrzypacz

Sequentially Rationalizable Choice pp. 1824-1839

Paola Manzini and Marco Mariotti

Vertical Control of Price and Inventory pp. 1840-1857

Harish Krishnan and Ralph A. Winter

Individual Preferences for Giving pp. 1858-1876

Raymond Fisman, Shachar Kariv and Daniel Markovits

Consensus Building: How to Persuade a Group pp. 1877-1900

Bernard J.-M. Caillaud and Jean Tirole

Traders' Expectations in Asset Markets: Experimental Evidence pp. 1901-1920

Ernan Haruvy, Yaron Lahav and Charles Noussair

Consistency and Heterogeneity of Individual Behavior under Uncertainty pp. 1921-1938

Syngjoo Choi, Raymond Fisman, Douglas Gale and Shachar Kariv

Heterogeneity and Aggregation: Implications for Labor-Market Fluctuations pp. 1939-1956

Yongsung Chang and Sun-Bin Kim

Competitive Wages in a Match with Ordered Contracts pp. 1957-1969

Muriel Niederle

Another Look at Airport Congestion Pricing pp. 1970-1977

Steven A. Morrison and Clifford M. Winston

Diamonds Are Forever, Wars Are Not: Is Conflict Bad for Private Firms? pp. 1978-1993

Massimo Guidolin and Eliana La Ferrara

Overconfidence, Insurance, and Paternalism pp. 1994-2004

Alvaro Sandroni and Francesco Squintani

Do We Really Know That the WTO Increases Trade? Comment pp. 2005-2018

Michael Tomz, Judith L. Goldstein and Douglas Rivers

Do We Really Know That the WTO Increases Trade? Reply pp. 2019-2025

Andrew Rose

Does Competition Among Public Schools Benefit Students and Taxpayers? Comment pp. 2026-2037

Jesse Rothstein

Does Competition Among Public Schools Benefit Students and Taxpayers? Reply pp. 2038-2055

Caroline M. Hoxby

Volume 97, issue 4, 2007

Reference-Dependent Risk Attitudes pp. 1047-1073

Botond Koszegi and Matthew Rabin

Mismatch pp. 1074-1101

Robert Shimer

Subjective Expectations and Asset-Return Puzzles pp. 1102-1130

Martin L. Weitzman

On the Cyclicality of Research and Development pp. 1131-1164

Gadi Barlevy

Inventories and the Business Cycle: An Equilibrium Analysis of (S, s) Policies pp. 1165-1188

Aubhik Khan and Julia Kathryn Thomas

Markets in China and Europe on the Eve of the Industrial Revolution pp. 1189-1216

Carol H. Shiue and Wolfgang Keller

Projection Bias in Catalog Orders pp. 1217-1249

Michael Edward Conlin, Ted O'Donoghue and Timothy J. Vogelsang

Do Markets Reduce Costs? Assessing the Impact of Regulatory Restructuring on US Electric Generation Efficiency pp. 1250-1277

Kira R. Fabrizio, Nancy L. Rose and Catherine D. Wolfram

Selection Bias, Demographic Effects, and Ability Effects in Common Value Auction Experiments pp. 1278-1304

Marco Casari, John C. Ham and John H. Kagel

Naked Exclusion, Efficient Breach, and Downstream Competition pp. 1305-1320

John Simpson and Abraham L. Wickelgren

Do Vertical Mergers Facilitate Upstream Collusion? pp. 1321-1339

Volker Nocke and Lucy White

Individual Behavior and Group Membership pp. 1340-1352

Gary Charness, Luca Rigotti and Aldo Rustichini

Political Bias and War pp. 1353-1373

Matthew O. Jackson and Massimo Morelli

A Political-Economy Theory of Trade Agreements pp. 1374-1406

Giovanni Maggi and Andres Rodriguez-Clare

Auctions with Anticipated Regret: Theory and Experiment pp. 1407-1418

Emel Filiz-Ozbay and Emel Filiz Ozbay

Labor and the Market Value of the Firm pp. 1419-1431

Monika Merz and Eran Yashiv

Contracting with Repeated Moral Hazard and Private Evaluations pp. 1432-1448

William Fuchs

Exchange Asymmetries Incorrectly Interpreted as Evidence of Endowment Effect Theory and Prospect Theory? pp. 1449-1466

Charles R. Plott and Kathryn Zeiler

Surviving Andersonville: The Benefits of Social Networks in POW Camps pp. 1467-1487

Dora L. Costa and Matthew Kahn

Individual Consumption Risk and the Welfare Cost of Business Cycles pp. 1488-1506

Massimiliano De Santis

Goodbye Lenin (or Not?): The Effect of Communism on People pp. 1507-1528

Alberto Alesina and Nicola Fuchs-Schündeln

Volume 97, issue 3, 2007

Macroeconomics for a Modern Economy pp. 543-561

Edmund S. Phelps

Relative Prices and Relative Prosperity pp. 562-585

Chang-Tai Hsieh and Pete Klenow

Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach pp. 586-606

Frank Rafael Smets and Raf Wouters

Generalizing the Taylor Principle pp. 607-635

Troy Davig and Eric Leeper

The Timing of Monetary Policy Shocks pp. 636-663

Giovanni Olivei and Silvana Tenreyro

Job Displacement Risk and the Cost of Business Cycles pp. 664-686

Tom Krebs

Learning Your Earning: Are Labor Income Shocks Really Very Persistent? pp. 687-712

Fatih Guvenen

Valuing New Goods in a Model with Complementarity: Online Newspapers pp. 713-744

Matthew Aaron Gentzkow

Estimating Risk Preferences from Deductible Choice pp. 745-788

Alma Cohen and Liran Einav

Estimating the Effects of Private School Vouchers in Multidistrict Economies pp. 789-817

Maria Marta Ferreyra

The Pluralism of Fairness Ideals: An Experimental Approach pp. 818-827

Alexander W. Cappelen, Astri Drange Hole, Erik Ø. Sørensen and Bertil Tungodden

Efficient Kidney Exchange: Coincidence of Wants in Markets with Compatibility-Based Preferences pp. 828-851

Alvin Roth, Tayfun Sönmez and M. Utku Ünver

Signaling Character in Electoral Competition pp. 852-870

Navin Kartik and Randolph Preston Mcafee

Harmonization and Side Payments in Political Cooperation pp. 871-889

Bard Harstad

Meeting Strangers and Friends of Friends: How Random Are Social Networks? pp. 890-915

Matthew O. Jackson and Brian W. Rogers

Contracts and Technology Adoption pp. 916-943

Daron Acemoglu, Pol Antràs and Elhanan Helpman

Leadership and Information pp. 944-947

Mana Komai, Mark Stegeman and Benjamin Hermalin

Social Interactions in High School: Lessons from an Earthquake pp. 948-965

Piero Cipollone and Alfonso Rosolia

Measuring Self-Control Problems pp. 966-972

John Ameriks, Andrew Caplin, John Leahy and Tom Tyler

Regulation, Capital, and the Evolution of Organizational Form in US Life Insurance pp. 973-983

George Zanjani

Sticky-Price Models and Durable Goods pp. 984-998

Robert B. Barsky, Christopher House and Miles Spencer Kimball

Trust as a Signal of a Social Norm and the Hidden Costs of Incentive Schemes pp. 999-1012

Dirk Sliwka

Tradeoffs from Integrating Diagnosis and Treatment in Markets for Health Care pp. 1013-1020

Christopher C. Afendulis and Daniel P. Kessler

ABCs (and Ds) of Understanding VARs pp. 1021-1026

Jesús Fernández-Villaverde, Juan F. Rubio-Ramírez, Thomas Sargent and Mark W. Watson

Matching and Price Competition: Comment pp. 1027-1031

Fuhito Kojima

Effects of Environmental and Land Use Regulation in the Oil and Gas Industry Using the Wyoming Checkerboard as a Natural Experiment: Retraction pp. 1032-1032

Shelby Gerking and William E. Morgan

Volume 97, issue 2, 2007

Editors' Introduction pp. 0-0

Michelle DeBlasi and Ronald L. Oaxaca

Beliefs, Doubts and Learning: Valuing Macroeconomic Risk pp. 1-30

Lars Peter Hansen

The Technology of Skill Formation pp. 31-47

Flavio Cunha and James J. Heckman

Ex Ante Policy Evaluation, Structural Estimation and Model Selection pp. 48-52

Kenneth I. Wolpin

Testing the Mechanisms of Structural Models: The Case of the Mickey Mantle Effect pp. 53-59

Hanming Fang, Michael P Keane, Ahmed Khwaja, Martin Salm and Dan Silverman

Bayesian Model Comparison and Validation pp. 60-64

John Geweke

Reciprocity in Groups and the Limits to Social Capital pp. 65-69

Francis Bloch, Garance Genicot and Debraj Ray

Risk Sharing Across Communities pp. 70-74

Yann Bramoullé and Rachel Kranton

Risk Sharing and Network Formation pp. 75-79

Marcel Fafchamps and Flore Gubert

Community Size and Network Closure pp. 80-85

Hunt Allcott, Dean Karlan, Markus M. Möbius, Tanya S. Rosenblat and Adam Szeidl

Communication Networks: Knowledge and Decisions pp. 86-91

Antoni Calvó-Armengol and Joan de Martí

Diffusion of Behavior and Equilibrium Properties in Network Games pp. 92-98

Matthew O. Jackson and Leeat Yariv

Financial Networks pp. 99-103

Douglas Gale and Shachar Kariv

Evaluating the Worker Profiling and Reemployment Services System Using a Regression Discontinuity Approach pp. 104-107

Dan Black, Jose Galdo and Jeffrey Andrew Smith

Unemployment Benefits, Unemployment Duration, and Post-Unemployment Jobs: A Regression Discontinuity Approach pp. 108-112

Rafael Lalive

The Spike at Benefit Exhaustion: Leaving the Unemployment System or Starting a New Job? pp. 113-118

David Card, Raj Chetty and Andrea Weber

Distinguishing Income from Substitution Effects in Disability Insurance pp. 119-124

David Autor and Mark G. Duggan

An Ascending Auctions for Independent Values: Uniqueness and Robustness to Strategic Uncertainty pp. 125-130

Dirk Bergemann and Stephen Morris

Designing Efficient Mechanisms for Dynamic Bilateral Trading Games pp. 131-136

Susan Athey and Ilya Segal

On Quitting Rights in Mechanism Design pp. 137-141

Olivier Compte and Philippe Jehiel

Neuroeconomic Studies of Impulsivity: Now or Just as Soon as Possible? pp. 142-147

Paul William Glimcher, Joseph Kable and Kenway Louie

The Neuroeconomic Theory of Learning pp. 148-152

Andrew Caplin and Mark Dean

Revealing Preferences Graphically: An Old Method Gets a New Tool Kit pp. 153-158

Syngjoo Choi, Raymond Fisman, Douglas Gale and Shachar Kariv

Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns pp. 159-165

Markus K. Brunnermeier, Christian Gollier and Jonathan A. Parker

Experimental Testing of Intrinsic Preferences for NonInstrumental Information pp. 166-169

Kfir Eliaz and Andrew Schotter

Guilt in Games pp. 170-176

Pierpaolo Battigalli and Martin Dufwenberg

Adding a Stick to the Carrot? The Interaction of Bonuses and Fines pp. 177-181

Ernst Fehr and Klaus M. Schmidt

Incomplete Contracts and Ownership: Some New thoughts pp. 182-186

Oliver Hart and John Moore

Can Contract Theory Explain Social Preferences? pp. 187-192

W. Bentley Macleod

Liquidity and Risk Management pp. 193-197

Nicolae Gârleanu and Lasse Heje Pedersen

Search in Asset Markets: Market Structure, Liquidity, and Welfare pp. 198-202

Ricardo Lagos and Guillaume Rocheteau

Information Percolation in Large Markets pp. 203-209

Darrell Duffie and Gustavo Manso

Market Maker Inventories and Stock Prices pp. 210-214

Terrence Hendershott and Mark S. Seasholes

Slow Moving Capital pp. 215-220

Mark Mitchell, Lasse Heje Pedersen and Todd Pulvino

Systemic Illiquidity in the Federal Funds Market pp. 221-225

Adam B. Ashcraft and Darrell Duffie

Increasing Income Inequality, External Habits, and Self-Reported Happiness pp. 226-231

Karen E. Dynan and Enrichetta Ravina

Pricing to Habits and the Law of One Price pp. 232-238

Morten Ravn, Stephanie Schmitt-Grohé and Martín Uribe

Explaining Asset Prices with External Habits and Wage Rigidities in a DSGE Model pp. 239-243

Harald Uhlig

Optimal Inattention to the Stock Market pp. 244-249

Andrew B. Abel, Janice C. Eberly and Stavros Panageas

Uncertainty and the Dynamics of R&D pp. 250-255

Nick Bloom

Investment under Uncertainty with Strategic Debt Service pp. 256-261

Suresh Sundaresan and Neng Wang

The Bank of Amsterdam and the Leap to Central Bank Money pp. 262-265

Stephen Quinn and William Roberds

Backing, the Quantity Theory, and the Transition to the US Dollar, 1723–1850 pp. 266-270

Peter Rousseau

The Political Economy of the US Monetary Union: The Civil War Era as a Watershed pp. 271-275

David F. Weiman and John A. James

John Law's System pp. 276-279

François R. Velde

The Net Worth of the US Federal Government, 1784–1802 pp. 280-284

Farley Grubb

The Great Financial Crisis of 1914: What Can We Learn from Aldrich–Vreeland Emergency Currency? pp. 285-289

William L. Silber

The McKenna Rule and UK World War I Finance pp. 290-294

James Nason and Shaun P. Vahey

How Occupied France Financed Its Own Exploitation in World War II pp. 295-299

Filippo Occhino, Kim OOSTERLINCK and Eugene N. White

The Perils of Transparency in Bureaucracies pp. 300-305

Alessandro Gavazza and Alessandro Lizzeri

Decision–Making Procedures for Committees of Careerist Experts pp. 306-310

Gilat Levy

The Transparency of Politics and the Quality of Politicians pp. 311-315

Andrea Mattozzi and Antonio Merlo

Aid Effectiveness – Opening the Black Box pp. 316-321

François Bourguignon and Mark Sundberg

Does Aid Affect Governance? pp. 322-327

Raghuram G. Rajan and Arvind Subramanian

Was Development Assistance a Mistake? pp. 328-332

William Easterly

The Returns to Currency Speculation in Emerging Markets pp. 333-338

Craig Burnside, Martin Eichenbaum and Sergio Rebelo

If Exchange Rates are Random Walks, Then Almost Everything We Say About Monetary Policy is Wrong pp. 339-345

Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe

Random Walk Expectations and the Forward Discount Puzzle pp. 346-350

Philippe Bacchetta and Eric van Wincoop

Unbalanced Trade pp. 351-355

Robert Dekle, Jonathan Eaton and Samuel Kortum

Trade Flow Dynamics with Heterogeneous Firms pp. 356-361

Fabio Ghironi and Marc J. Melitz

Pricing-to-Market in a Ricardian Model of International Trade pp. 362-367

Andrew Atkeson and Ariel Tomas Burstein

The Effect of Globalization on the Performance of Small- and Medium-Sized Enterprises in the United States: Does Owners' Race/Ethnicity Matter? pp. 368-372

Elizabeth Asiedu and James A. Freeman

The Effects of Recent Immigration on Racial/Ethnic Labor Market Differentials pp. 373-377

Deborah Reed and Sheldon Danziger

Inward Foreign Direct Investment and Racial Employment Patterns in US Manufacturing pp. 378-382

Abera Gelan, Kaye Husbands Fealing and James Peoples

Differential Impacts of Immigrants on Native Black and White Workers pp. 383-387

Paul Ong and Don Mar

Nonlinearities and Robustness in Growth Regressions pp. 388-392

Jenny Minier

Public Education Expenditures, Taxation, and Growth: Linking Data to Theory pp. 393-397

William Blankenau, Nicole B. Simpson and Marc Tomljanovich

Why Do Poor Children Lose Health Insurance in the SCHIP Era? The Role of Family Health pp. 398-401

Anne Carroll, Hope Corman, Kelly Noonan and Nancy E. Reichman

The Effect of Child Gender on Parents' Labor Supply: An Examination of Natives, Immigrants, and their Children pp. 402-406

Sabrina Wulff Pabilonia and Jennifer Ward-Batts

Reaching Equilibrium in the Market for Obstetricians and Gynecologists pp. 407-411

Jessica Wolpaw Reyes

Gender Differences in the Labor Market: Impact of IRCA pp. 412-416

Catalina Amuedo-Dorantes, Cynthia Bansak and Steven Raphael

The Role of Labor Market Intermittency in Explaining Gender Wage Differentials pp. 417-421

Julie L. Hotchkiss and M. Melinda Pitts

Women Helping Women, Men Helping Women? Same-Gender Mentoring, Initial Job Placements, and Early Career Publishing Success for Economics PhDs pp. 422-426

Christiana Hilmer and Michael Hilmer

Integrated Insurance Design in the Presence of Multiple Medical Technologies pp. 427-432

Dana Goldman and Tomas J. Philipson

Social Value and the Speed of Innovation pp. 433-437

Kevin M. Murphy and Robert H. Topel

The Impact of New Drugs on US Longevity and Medical Expenditure, 1990–2003: Evidence from Longitudinal, Disease-Level Data pp. 438-443

Frank Lichtenberg

Identification and Estimation of Bidders' Risk Aversion in First-Price Auctions pp. 444-448

Isabelle Perrigne and Quang Vuong

An Estimate Dynamic Model of Entry, Exit, and Growth in Oligopoly Retail Markets pp. 449-454

Victor Aguirregabiria, Pedro Mira and Hernan Roman

Bounding Revenue Comparisons across Multi-Unit Auction Formats under ε-Best Response pp. 455-458

James Thompson Edward Chapman, David McAdams and Harry J Paarsch

Linear Regression Estimation of Discrete Choice Models with Nonparametric Distributions of Random Coefficients pp. 459-463

Patrick Bajari, Jeremy T. Fox and Stephen P. Ryan

Toward Choice-Theoretic Foundations for Behavioral Welfare Economics pp. 464-470

B. Douglas Bernheim and Antonio Rangel

Welfare without Happiness pp. 471-476

Faruk Gul and Wolfgang Pesendorfer

Mistakes in Choice-Based Welfare Analysis pp. 477-481

Botond Kőszegi and Matthew Rabin

Some Evolutionary Economics of Family Partnerships pp. 482-486

Ted Bergstrom

Habits, Peers, and Happiness: An Evolutionary Perspective pp. 487-491

Luis Rayo and Gary S. Becker

Why do We Die? Economics, Biology and Aging pp. 492-495

Arthur Robson and Hillard S. Kaplan

The Evolution of Intertemporal Preferences pp. 496-500

Arthur Robson and Larry Samuelson

Is There An Insider Advantage in Getting Tenure? pp. 501-505

Paul Oyer

The Search for Economics Talent: Doctoral Completion and Research Productivity pp. 506-511

Wayne A. Grove and Stephen Wu

What Does Performance in Graduate School Predict? Graduate Economics Education and Student Outcomes pp. 512-520

Susan Athey, Lawrence F. Katz, Alan B. Krueger, Steven Levitt and James Poterba

Volume 97, issue 1, 2007

The Missing Motivation in Macroeconomics pp. 5-36

George A. Akerlof

Competence Implies Credibility pp. 37-63

Giuseppe Moscarini

Modeling the Transition to a New Economy: Lessons from Two Technological Revolutions pp. 64-88

Andrew Atkeson and Patrick J. Kehoe

The Cross Section of Foreign Currency Risk Premia and Consumption Growth Risk pp. 89-117

Hanno Lustig and Adrien Verdelhan

Inefficiency in Legislative Policymaking: A Dynamic Analysis pp. 118-149

Marco Battaglini and Stephen Coate

Decision Making in Committees: Transparency, Reputation, and Voting Rules pp. 150-168

Gilat Levy

Bureaucrats or Politicians? Part I: A Single Policy Task pp. 169-179

Alberto Alesina and Guido Tabellini

The Motivation and Bias of Bureaucrats pp. 180-196

Canice Prendergast

Urban Evolutions: The Fast, the Slow, and the Still pp. 197-221

Gilles Duranton

Market Share Dynamics and the "Persistence of Leadership" Debate pp. 222-241

John Sutton

Internet Advertising and the Generalized Second-Price Auction: Selling Billions of Dollars Worth of Keywords pp. 242-259

Benjamin Edelman, Michael Ostrovsky and Michael Schwarz

Credible Sales Mechanisms and Intermediaries pp. 260-276

David McAdams and Michael Schwarz

Imprecision as an Account of the Preference Reversal Phenomenon pp. 277-297

David J. Butler and Graham C. Loomes

Do Workers Work More if Wages Are High? Evidence from a Randomized Field Experiment pp. 298-317

Ernst Fehr and Lorenz Goette

The Effect of Court-Ordered Hiring Quotas on the Composition and Quality of Police pp. 318-353

Justin McCrary

The Economic Impacts of Climate Change: Evidence from Agricultural Output and Random Fluctuations in Weather pp. 354-385

Olivier Deschênes and Michael Greenstone

What Are Stock Investors’ Actual Historical Returns? Evidence from Dollar-Weighted Returns pp. 386-401

Ilia D. Dichev

Consumer Bankruptcy: A Fresh Start pp. 402-418

Igor Livshits, James MacGee and Michèle Tertilt

Simple Cost-Sharing Contracts pp. 419-428

Leon Yang Chu and David E. M. Sappington

Structural Change in a Multisector Model of Growth pp. 429-443

Liwa Rachel Ngai and Christopher A Pissarides

Individual Perceptions of the Criminal Justice System pp. 444-460

Lance Lochner

Vignettes and Self-Reports of Work Disability in the United States and the Netherlands pp. 461-473

Arie Kapteyn, James P. Smith and Arthur van Soest

Credible Commitment to Optimal Escape from a Liquidity Trap: The Role of the Balance Sheet of an Independent Central Bank pp. 474-490

Olivier Jeanne and Lars E.O. Svensson

Conditional Cash Transfers, Public Provision of Private Goods, and Income Redistribution pp. 491-502

Firouz Gahvari and Enlinson Mattos

Credit Traps and Credit Cycles pp. 503-516

Kiminori Matsuyama

Minimax Play at Wimbledon: Comment pp. 517-523

Shih-Hsun Hsu, Chen-Ying Huang and Cheng-Tao Tang

Testing for Indeterminacy: An Application to U.S. Monetary Policy: Comment pp. 524-529

Andreas Beyer and Roger E. A. Farmer

Testing for Indeterminacy: An Application to U.S. Monetary Policy: Reply pp. 530-533

Thomas A. Lubik and Frank Schorfheide

Secession and the Limits of Taxation: Toward a Theory of Internal Exit: Comment pp. 534-538

Grégoire ROTA GRAZIOSI