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American Economic Review
1969 - 2013
Edited by Pinelopi Koujianou Goldberg
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Volume 85, issue 5 , 1995
The Case of the Missing Trade and Other Mysteries pp. 1029-46
Daniel Trefler
Tying Trade Flows: A Theory of Countertrade with Evidence pp. 1047-64
Dalia Marin and Monika Schnitzer
The Economic Returns to Schooling in the West Bank and Gaza Strip pp. 1065-87
Joshua D Angrist
Momentum Investment Strategies, Portfolio Performance, and Herding: A Study of Mutual Fund Behavior pp. 1088-1105
Mark Grinblatt , Sheridan Titman and Russ Wermers
Corporate-Debt Overhang and Macroeconomic Expectations pp. 1106-17
Owen A. Lamont
Consumption over the Life Cycle and over the Business Cycle pp. 1118-37
Orazio Attanasio and Martin Browning
Cross-Country Evidence on the Link between Volatility and Growth pp. 1138-51
Garey Ramey and Valerie Ann Ramey
On Fully Revealing Prices When Markets Are Incomplete pp. 1152-59
Vicente Madrigal and Stephen D Smith
When Are Agents Negligible? pp. 1160-70
David Knudsen Levine and Wolfgang Pesendorfer
How Liable Should a Lender Be? The Case of Judgment-Proof Firms and Environmental Risk pp. 1171-86
Rohan Pitchford
Product Safety: Liability, R&D, and Signaling pp. 1187-1206
Andrew F. Daughety and Jennifer F. Reinganum
The Design of Reform Packages under Uncertainty pp. 1207-23
Mathias Dewatripont and Gérard Roland
On the Optimal Structure of Local Governments pp. 1224-40
Oded Hochman , David Pines and Jacques François Thisse
Rationalizing Child-Support Decisions pp. 1241-62
Daniela Del Boca and Christopher Flinn
Apparent Wage Discrimination When Wages Are Determined by Nondiscriminatory Contracts pp. 1263-77
Carol Rapaport
Estimates of the Economic Return to Schooling for the United Kingdom pp. 1278-86
Colm P. Harmon and Ian Walker
Risk and Saving in Northern Nigeria pp. 1287-1300
Christopher R. Udry
Discouraging Rivals: Managerial Rent-Seeking and Economic Inefficiencies pp. 1301-12
Aaron Edlin and Joseph E. Stiglitz
Unraveling in Guessing Games: An Experimental Study pp. 1313-26
Rosemarie Chariklia Nagel
Consumer Behavior and the Stickiness of Credit-Card Interest Rates pp. 1327-36
Paul S Calem and Loretta J. Mester
Biased Judgments of Fairness in Bargaining pp. 1337-43
Babcock, Linda, et al
Striking for a Bargain between Two Completely Informed Agents: Comment pp. 1344-47
Wilko Bolt
Government Debt, Government Spending, and Private-Sector Behavior: Comment pp. 1348-56
Fred C Graham
Government Debt, Government Spending, and Private-Sector Behavior: Reply pp. 1357-61
Roger Kormendi and Philip Meguire
Volume 85, issue 4 , 1995
The Politics of Free-Trade Agreements pp. 667-90
Gene Grossman and Elhanan Helpman
Occasional Interventions to Target Rates pp. 691-715
Karen K Lewis
Trade and Transboundary Pollution pp. 716-37
Brian R. Copeland and M. Scott Taylor
Transition Problems in Economic Reform: Agriculture in the North American Free Trade Agreement pp. 738-54
Santiago Levy and Sweder van Wijnbergen
Closing the Technology Gap under Protection pp. 755-70
Kaz Miyagiwa and Yuka Ohno
Design Innovation and Fashion Cycles pp. 771-92
Wolfgang Pesendorfer
Dalton-Improving Indirect Tax Reform pp. 793-807
Joram Mayshar and Shlomo Yitzhaki
Appropriation and Efficiency: A Revision of the First Theorem of Welfare Economics pp. 808-27
Louis Makowski and Joseph Ostroy
War Politics: An Economic, Rational-Voter Framework pp. 828-46
Gregory Dawson Hess and Athanasios Orphanides
Credible Privatization pp. 847-59
Enrico Perotti
Voting over Economic Plans pp. 860-71
Richard Boylan and Richard D McKelvey
Digging for Golden Carrots: An Analysis of Research Tournaments pp. 872-90
Curtis R. Taylor
Cooperation in Public-Goods Experiments: Kindness or Confusion? pp. 891-904
James Andreoni
An Experimental Investigation of the Seller Incentives in the EPA's Emission Trading Auction pp. 905-22
Timothy Cason
Evaluating Program Evaluations: New Evidence on Commonly Used Nonexperimental Methods pp. 923-37
Daniel Friedlander and Philip Kenneth Robins
Health-Insurance Availability and the Retirement Decision pp. 938-48
Jonathan Gruber and Brigitte C. Madrian
A Note on the Hayek Hypothesis and the Favorite-Longshot Bias in Parimutuel Betting pp. 949-55
William Hurley and Lawrence McDonough
Endogenous Tariff Formation under Representative Democracy: A Probabilistic Voting Model pp. 956-63
C C Yang
Income Uncertainty and Ricardian Equivalence pp. 964-67
Michel Strawczynski
Bureaucracy, Infrastructure, and Economic Growth: Evidence from U.S. Cities during the Progressive Era pp. 968-79
James E. Rauch
Making Inequality Comparisons When Lorenz Curves Intersect pp. 980-86
James Byron Davies and Michael Hoy
The Economics of Modern Manufacturing: Comment pp. 987-90
P Timothy Bushnell and Allen D Shepard
The Economics of Modern Manufacturing: Comment pp. 991-96
Donald M Topkis
The Economics of Modern Manufacturing: Reply pp. 997-99
Paul Milgrom and John Roberts
Volume 85, issue 3 , 1995
Games with Incomplete Information pp. 291-303
John C. Harsanyi
Race and Gender Discrimination in Bargaining for a New Car pp. 304-21
Ian Ayres and Peter Siegelman
Workers' Compensation and Injury Duration: Evidence from a Natural Experiment pp. 322-40
Bruce D. Meyer , W Kip Viscusi and David L Durbin
Does Head Start Make a Difference? pp. 341-64
Janet Currie and Duncan Thomas
Ethnicity, Neighborhoods, and Human-Capital Externalities pp. 365-90
George Borjas
The Productivity Effects of Employee Stock-Ownership Plans and Bonuses: Evidence from Japanese Panel Data pp. 391-414
Derek Charles Jones and Takao Kato
Capital Structure and Product-Market Competition: Empirical Evidence from the Supermarket Industry pp. 415-35
Judith Ann Chevalier
The Effect of Private Antitrust Litigation on the Stock-Market Valuation of the Firm pp. 436-61
John M Bizjak and Jeffrey L. Coles
An Experimental Investigation of the Patterns of International Trade pp. 462-91
Charles Noussair , Charles R Plott and Raymond G. Riezman
Output Dynamics in Real-Business-Cycle Models pp. 492-511
Timothy Cogley and James M. Nason
Intermediate Goods and Business Cycles: Implications for Productivity and Welfare pp. 512-31
Susanto Basu
A Tax-Based Test of the Dividend Signaling Hypothesis pp. 532-51
B. Douglas Bernheim and Adam Wantz
College Scholarship Rules and Private Saving pp. 552-66
Martin S. Feldstein
Debt and Seniority: An Analysis of the Role of Hard Claims in Constraining Management pp. 567-85
Oliver D. Hart and John Moore
What Do Twins Studies Reveal about the Economic Returns to Education? A Comparison of Australian and U.S. Findings pp. 586-99
Paul W. Miller , Charles Mulvey and Nick Martin
Labor-Market Returns to Two- and Four-Year College pp. 600-614
Thomas J Kane and Cecilia Elena Rouse
National Borders Matter: Canada-U.S. Regional Trade Patterns pp. 615-23
John McCallum
Slicing the Federal Government Net Spending Pie: Who Wins, Who Loses, and Why pp. 624-29
Atlas, Cary M, et al
The Black Hole of Graft: The Predatory State and the Informal Economy pp. 630-46
Douglas Marcouiller and Leslie Young
Oligopoly and Financial Structure: Comment pp. 647-53
Dean M Showalter
Seniority and Monopsony in the Academic Labor Market: Comment pp. 654-57
Kevin F. Hallock
Volume 85, issue 2 , 1995
Economics in Action: Ideas, Institutions, Policies pp. 1-8
George P Shultz
Hazardous Welfare-State Dynamics pp. 9-15
Assar Lindbeck
The Large Welfare State as a System pp. 16-21
Richard B. Freeman
The Devolution of the Nordic and Teutonic Economies pp. 22-27
Olson, Mancur,
The Economics of Health and Health Care: What Have We Learned? What Have I Learned? pp. 28-31
Martin S. Feldstein
The Cost and Financing of Health Care pp. 32-37
David M. Cutler
Uncertainty, Health-Care Technologies, and Health-Care Choices pp. 38-44
Mark McClellan
Public Policies and Private Anti-health Behavior pp. 45-49
Frank Joseph Chaloupka
Carcinogen Regulation: Risk Characteristics and the Synthetic Risk Bias pp. 50-54
W Kip Viscusi
Wages, Workers' Compensation Benefits, and Drug Use: Indirect Evidence of the Effect of Drugs on Workplace Accidents pp. 55-60
Robert John Kaestner and Michael Grossman
Risks to Selves, Risks to Others pp. 61-66
Christopher N. Avery , S Jody Heymann and Richard J. Zeckhauser
Safety at What Price? pp. 67-71
Walter Y Oi
Rationalizing Observed Health and Safety Legislation: A Pascalian Approach pp. 72-76
Earl A Thompson
The Cost of Medical Progress pp. 77-80
Gordon Tullock
The Effectiveness of Seat-Belt Legislation in Reducing Injury Rates in Texas pp. 81-84
Peter D. Loeb
The State Antismoking Campaign and the Industry Response: The Effects of Advertising on Cigarette Consumption in California pp. 85-90
Teh-Wei Hu , Hai-Yen Sung and Theodore E Keeler
Information and Advertising: The Case of Fat Consumption in the United States pp. 91-95
Pauline M Ippolito and Alan D Mathios
Regulating Information about Aspirin and the Prevention of Heart Attack pp. 96-99
Alison Keith
Information, Marketing, and Pricing in the U.S. Antiulcer Drug Market pp. 100-105
Berndt, Ernst R, et al
Physician Payments and Infant Mortality: Evidence from Medicaid Fee Policy pp. 106-11
Janet Currie , Jonathan Gruber and Michael Fischer
Significance of Underclass Residence on the Stage of Breast or Cervical Cancer Diagnosis pp. 112-16
Janis Barry Figueroa and Nancy Breen
The Time and Monetary Costs of Outpatient Care for Children pp. 117-21
Jessica Primoff Vistnes and Vivian Hamilton
Estimating the Moral-Hazard Effect of Supplemental Medical Insurance in the Demand for Prescription Drugs by the Elderly pp. 122-26
Coulson, N Edward, et al
An Assessment of Health-Care Expenditures within and across Racial and Ethnic Groups pp. 127-31
Edith Rasell and Jared Bernstein
Prenatal Care Demand and Birthweight Production of Black Mothers pp. 132-37
Geoffrey L Warner
What Cost Savings Could Be Realized by Shifting Patterns of Use from Hospital Emergency Rooms to Primary Care Sites? pp. 138-42
Shelley White-Means and Michael C Thornton
Occupational Mobility and Post-1964 Earnings Gains by Black Women pp. 143-47
Augustin Kwasi Fosu
Nutrition and Health Investment pp. 148-52
Andrew Foster
Why Are There Returns to Schooling? pp. 153-58
Mark R. Rosenzweig
Explaining Household Vulnerability to Idiosyncratic Income Shocks pp. 159-64
Anjini Kochar
Tax Projections and the Budget: Lessons from the 1980's pp. 165-69
Alan Auerbach
Behavioral Responses to Tax Rates: Evidence from the Tax Reform Act of 1986 pp. 170-74
Martin S. Feldstein
Income Creation or Income Shifting? Behavioral Responses to the Tax Reform Act of 1986 pp. 175-80
Joel Slemrod
Conversation, Information, and Herd Behavior pp. 181-85
Robert J. Shiller
Talk Is Cheap pp. 186-90
Joseph Farrell
One Quarter of GDP Is Persuasion pp. 191-95
Deirdre N. McCloskey and Arjo Klamer
Independent Central Banks: Low Inflation at No Cost? pp. 196-200
Alberto Alesina and Roberta Gatti
Central-Bank Independence Revisited pp. 201-06
Stanley Fischer
Two Fallacies Concerning Central-Bank Independence pp. 207-11
Bennett McCallum
Structural Unemployment: Spain versus Portugal pp. 212-18
Olivier Blanchard and Juan F Jimeno
Labor-Market Adjustments and the Persistence of Unemployment pp. 219-25
Bruce C Greenwald and Joseph E. Stiglitz
The Structuralist Theory of Employment pp. 226-31
Edmund S. Phelps
Employment and the 1990-1991 Minimum-Wage Hike pp. 232-37
Donald Deere , Kevin M. Murphy and Finis Welch
Time-Series Minimum-Wage Studies: A Meta-analysis pp. 238-43
David E. Card and Alan B. Krueger
Minimum-Wage Effects on School and Work Transitions of Teenagers pp. 244-49
David Neumark and William Wascher
A Depressed Labor Market as Explained by Participants pp. 250-54
Truman F Bewley
Internal Labor Markets: Too Many Theories, Too Few Facts pp. 255-59
George Baker and Bengt Holmstrom
A Jobs-Based Analysis of Labor Markets pp. 260-65
Edward Lazear
Family, Work, and Welfare History: Work and Welfare Outcomes pp. 266-70
Julia Lane and David Stevens
The Effectiveness of Child-Care Subsidies in Encouraging the Welfare-to-Work Transition of Low-Income Single Mothers pp. 271-75
Jean Kimmel
The Probability of Receiving Benefits at Different Hours of Work pp. 276-80
Susan L. Averett and Julie L. Hotchkiss
Buyers and Sellers: Should I Stay or Should I Go? pp. 281-86
Burdett, Kenneth, et al
Valuation Equilibria with Transactions Costs pp. 287-90
Satyajit Chatterjee and P. Dean Corbae
R&D in a Model of Search and Growth pp. 291-95
Derek Laing , Theodore Palivos and Ping Wang
Economic Integration and the Location of Firms pp. 296-300
Anthony J. Venables
Uninsurable Shocks and International Income Convergence pp. 301-06
Giuseppe Bertola
Economic Integration: Conflict versus Cohesion pp. 307-11
Susan M Collins
Resisting Migration: Wage Rigidity and Income Distribution pp. 312-16
Assaf Razin and Efraim Sadka
Is There a Good Case for a New Bretton Woods International Monetary System? pp. 317-22
Michael David Bordo
The GATT in Historical Perspective pp. 323-28
Douglas A. Irwin
The World Bank in Historical Perspective pp. 329-34
Michael Gavin and Dani Rodrik
Does Who Teaches Principles of Economics Matter? pp. 335-38
David Neil Laband and Michael J Piette
Reallocating Content Coverage in Principles of Microeconomics to Increase Student Learning pp. 339-42
Phillip Saunders and John R Powers
The Effects of Attendance on Student Learning in Principles of Economics pp. 343-46
Garey Clark Durden and Larry Van Ellis
Does Pedagogy Vary with Class Size in Introductory Economics? pp. 347-51
John J. Siegfried and Peter E. Kennedy
Macroeconomics and Discrimination in Teaching pp. 352-56
Elias H Tuma
The Study of Economics: A Feminist Critique pp. 357-61
Marianne A Ferber
Attracting "Otherwise Bright Students" to Economics 101 pp. 362-66
Robin L Bartlett
Using Alternative Paradigms to Teach about Race and Gender: A Critical Thinking Approach to Introductory Economics pp. 367-71
Susan Feiner and Bruce Roberts
Michigan's Recent School Finance Reforms: A Preliminary Report pp. 372-77
Paul Noah Courant , Edward M. Gramlich and Susanna Loeb
How to Have a Fiscal Crisis: Lessons from Philadelphia pp. 378-83
Robert P Inman
The Effect of Property-Tax Limits on Wages and Employment in the Local Public Sector pp. 384-89
James Poterba and Kim Rueben
Liquidity Constraints and the Cyclical Behavior of Markups pp. 390-96
Judith Ann Chevalier and David Scharfstein
Bankruptcy and Pricing Behavior in U.S. Airline Markets pp. 397-402
Severin Borenstein and Nancy L Rose
Capital Structure and Product-Market Rivalry: How Do We Reconcile Theory and Evidence? pp. 403-08
Dan Kovenock and Gordon M. Phillips
Quality-Adjusted Cost Functions for Child-Care Centers pp. 409-13
Naci H. Mocan
The Dynamics of Domestic Violence pp. 414-18
Helen Tauchen and Ann Dryden Witte
Economic Effects of Quality Regulations in the Day-Care Industry pp. 419-24
Tasneem Chipty
Do Job Rights Govern Employment Patterns in Transition Economies? pp. 425-31
Susan J. Linz
Incomplete Contracts and the Governance of Complex Contractual Relationships pp. 432-36
Nabil Al-Najjar
On Strategic Commitment: Contracting versus Investment pp. 437-41
Tai-Yeong Chung
Collusive Auditors pp. 442-46
Fahad Khalil and Jacques Lawarree
Risk Preferences and the Economics of Contracts pp. 447-51
Douglas W. Allen and Dean Lueck
Volume 85, issue 1 , 1995
Rationality and Social Choice pp. 1-24
Amartya Sen
Incumbent Behavior: Vote-Seeking, Tax-Setting, and Yardstick Competition pp. 25-45
Timothy J. Besley and Anne Case
Altruism, the Samaritan's Dilemma, and Government Transfer Policy pp. 46-57
Stephen Coate
On the Evolution of Altruistic Ethical Rules for Siblings pp. 58-81
Ted Bergstrom
Cartel Quotas under Majority Rule pp. 82-102
Jonathan Cave and Stephen Walter Salant
Capital Mobility in Neoclassical Models of Growth pp. 103-15
Robert J. Barro , N. Gregory Mankiw and Xavier Sala--Martin
Early Development pp. 116-33
Marvin Goodfriend and John Harvey McDermott
The Transition from Barter to Fiat Money pp. 134-49
Joseph A Ritter
Optimal Contracts for Central Bankers pp. 150-67
Carl Walsh
Tastes and Technology in a Two-Country Model of the Business Cycle: Explaining International Comovements pp. 168-85
Alan C. Stockman and Linda L. Tesar
Union Contracts and the Life-Cycle/Permanent-Income Hypothesis pp. 186-200
John Shea
Exchange Rates and Fundamentals: Evidence on Long-Horizon Predictability pp. 201-18
Nelson C. Mark
Monetary Policy Trade-offs and the Correlation between Nominal Interest Rates and Real Output pp. 219-39
Jeffrey C. Fuhrer and George R Moore
A Natural Experiment in "Jeopardy!" pp. 240-53
Andrew Metrick
Probabilistic Voting, Campaign Contributions, and Efficiency pp. 254-59
Derek Clark and Jonathan Thomas
Homegrown Values and Hypothetical Surveys: Is the Dichotomous Choice Approach Incentive-Compatible? pp. 260-66
Ronald G Cummings , Glenn W. Harrison and E Elisabet Rutstrom
Privatization and Employment: A Study of the Jute Industry in Bangladesh pp. 267-73
V Bhaskar and Mushtaq Khan
Consumer Response to the Timing of Income: Evidence from a Change in Tax Withholding pp. 274-83
Matthew D. Shapiro and Joel Slemrod
Testing the Rationality of Price Forecasts: Comment pp. 284-89
Carl S Bonham and Richard Howard Cohen
Testing the Rationality of Price Forecasts: Reply pp. 290
Michael P Keane and David E Runkle