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American Economic Review
1969 - 2013
Edited by Pinelopi Koujianou Goldberg
from American Economic Association EDIRC .
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Volume 87, issue 6 , 1997
An Outline of My Main Contributions to Economic Science pp. 3-12 Maurice Allais Econometrics and the Welfare State pp. 13-15 Trygve Haavelmo The Accounts of Society pp. 17-29 Richard Stone Volume 87, issue 5 , 1997
Exchange Economies and Loss Exposure: Experiments Exploring Prospect Theory and Competitive Equilibria in Market Environments pp. 801-28 Mikhail Myagkov and Charles R Plott Anomalous Behavior in Public Goods Experiments: How Much and Why? pp. 829-46 Thomas R Palfrey and Jeffrey E Prisbrey Information Cascades in the Laboratory pp. 847-62 Lisa R. Anderson and Charles A. Holt Contagion and Bank Failures during the Great Depression: The June 1932 Chicago Banking Panic pp. 863-83 Charles W. Calomiris and Joseph R Mason Interactions between the Seasonal and Business Cycles in Production and Inventories pp. 884-92 Stephen Cecchetti , Anil K Kashyap and David W. Wilcox Agency Costs, Net Worth, and Business Fluctuations: A Computable General Equilibrium Analysis pp. 893-910 Charles Carlstrom and Timothy S. Fuerst Credibility of Optimal Monetary Delegation pp. 911-20 Henrik Jensen The Welfare State and Competitiveness pp. 921-39 Alberto Alesina and Roberto Perotti A Coalition-Formation Approach to Equilibrium Federations and Trading Blocs pp. 940-56 John Burbidge , James A. DePater , Gordon M. Meyers and Abhijit Sengupta The Economics of Split-Ticket Voting in Representative Democracies pp. 957-76 Varadarajan Chari , Larry E. Jones and Ramon Marimon Political Institutions and Sorting in a Tiebout Model pp. 977-92 Ken Kollman , John H Miller and Scott E Page Evidence of Nominal Wage Stickiness from Microdata pp. 993-1008 Shulamit Kahn Intergenerational Income Mobility in Sweden Compared to the United States pp. 1009-18 Anders Bjorklund and Markus Jantti Is Inequality Harmful for Growth? Comment pp. 1019-32 Mark D. Partridge Productivity Growth, Technical Progress, and Efficiency Change in Industrialized Countries: Comment pp. 1033-39 Subhash C. Ray and Evangelia Desli Productivity Growth, Technical Progress, and Efficiency Change in Industrialized Countries: Reply pp. 1040-43 Rolf Fare , Shawna Grosskopf and Mary Norris Volume 87, issue 4 , 1997
Technology, Factor Supplies, and International Specialization: Estimating the Neoclassical Model pp. 475-94 James Harrigan The International Transmission of Financial Shocks: The Case of Japan pp. 495-505 Joe Peek and Eric Rosengren A Political-Economic Analysis of Free-Trade Agreements pp. 506-19 Philip . Levy An Empirical Assessment of the Proximity-Concentration Trade-off between Multinational Sales and Trade pp. 520-44 S Lael Brainard The Decision to Export in Colombia: An Empirical Model of Entry with Sunk Costs pp. 545-64 Mark J. Roberts and James R. Tybout Privatization in Eastern Germany: Management Selection and Economic Transition pp. 565-97 Isaac John Alexander Dyck Competition or Compensation: Supplier Incentives under the American and Japanese Subcontracting Systems pp. 598-618 Curtis R. Taylor and Steven N Wiggins Demand Uncertainty and Price Maintenance: Markdowns as Destructive Competition pp. 619-41 Raymond Deneckere , Howard P Marvel and James Peck Public Policy towards R&D in Oligopolistic Industries pp. 642-62 Dermot Leahy and J. Peter Neary Secret Reserve Prices in a Bidding Model with a Resale Option pp. 663-84 Ignatius J. Horstmann and Chantale LaCasse Optimal Health Insurance and Provider Payment pp. 685-704 Ching-to Albert Ma and Thomas G McGuire The Role of the Family in Immigrants' Labor-Market Activity: An Evaluation of Alternative Explanations pp. 705-27 Michael Baker and Dwayne Benjamin Transaction Costs and Price Volatility: Evidence from Commission Deregulation pp. 728-37 Charles M Jones and Paul J Seguin Risk Aversion and Stock Price Sensitivity to Dividends pp. 738-45 May Hagiwara and Miguel A Herce The Cost of Price Incentives: An Empirical Analysis of Motivation Crowding-Out pp. 746-55 Bruno S. Frey and Felix Oberholzer-Gee Long-Run Neutrality and Superneutrality in an ARIMA Framework: Comment pp. 756-59 Alfred A. Haug and Robert F. Lucas Generics and New Goods in Pharmaceutical Price Indexes: Comment pp. 760-67 Robert C. Feenstra Generics and New Goods in Pharmaceutical Price Indexes: Reply pp. 768 Zvi Griliches and Iain M. Cockburn Volume 87, issue 3 , 1997
Equity and Time to Sale in the Real Estate Market pp. 255-69 David Genesove and Christopher Mayer Using Electoral Cycles in Police Hiring to Estimate the Effect of Police on Crime pp. 270-90 Steven Levitt The Effects of Human Resource Management Practices on Productivity: A Study of Steel Finishing Lines pp. 291-313 Casey Ichniowski , Kathryn Shaw and Giovanna Prennushi Productivity under Group Incentives: An Experimental Study pp. 314-41 Haig R Nalbantian and Andrew Schotter Long-Run Implications of Investment-Specific Technological Change pp. 342-62 Jeremy Greenwood , Zvi Hercowitz and Per Krusell Technological Progress, Mobility, and Economic Growth pp. 363-82 Oded Galor and Daniel Tsiddon On the Speed of Convergence in Endogenous Growth Models pp. 383-99 Salvador Ortigueira and Manuel Santos Size, Sunk Costs, and Judge Bowker's Objection to Free Trade pp. 400-420 John Edward McLaren Using International and Japanese Regional Data to Determine When the Factor Abundance Theory of Trade Works pp. 421-46 Donald R. Davis , David Weinstein , Scott Bradford and Kazushige Shimpo Firm-Specific Assets and the Link between Exchange Rates and Foreign Direct Investment pp. 447-65 Bruce A. Blonigen Volume 87, issue 2 , 1997
Agriculture and the Wealth of Nations pp. 1-12 D. Gale Johnson The IMF and Russia pp. 13-16 Yegor T. Gaidar Argentina's Convertibility Plan and the IMF pp. 17-22 Domingo F Cavallo and Joaquin A Cottani Applied Economics in Action: IMF Programs pp. 23-27 Stanley Fischer IMF Surveillance pp. 28-31 Michael Mussa Asset Inequality Matters: An Assessment of the World Bank's Approach to Poverty Reduction pp. 32-37 Nancy Birdsall and Juan Luis Londono Project Analysis and the World Bank pp. 38-42 Glenn Paul Jenkins Trade Liberalization Reforms and the World Bank pp. 43-48 Sebastian Edwards What Do Economists Know That Policymakers Need To? pp. 49-53 James W Fox The Evolution of Economic Policymaking in Africa pp. 54-57 Jerome M Wolgin Speed of Policy Reform and Outcomes pp. 58-62 Samuel L Skogstad and Stephen S Everhart Project Evaluation Training and Public Investment in Chile pp. 63-67 Ernesto R Fontaine Highway Franchising: Pitfalls and Opportunities pp. 68-72 Eduardo M.R.A. Engel , Ronald David Fischer and Alexander Galetovic Trade Reform and Uniform Import Tariffs: The Chilean Experience pp. 73-77 Vittorio Corbo The CPI Commission: Findings and Recommendations pp. 78-83 Boskin, Michael J, et al Quality Change and New Products pp. 84-88 Robert J. Gordon and Zvi Griliches Implications of Overstating Inflation for Indexing Government Programs and Understanding Economic Progress pp. 89-93 Michael J Boskin and Dale W Jorgenson The Council of Economic Advisers: From Stabilization to Resource Allocation pp. 99-102 Martin S. Feldstein Presidents and Economists: The Council of Economic Advisers pp. 103-06 Roger B Porter It Ain't the Things You Don't Know That Hurt You, It's the Things You Know That Ain't So pp. 107-08 Robert M. Solow Looking out for the National Interest: The Principles of the Council of Economic Advisers pp. 109-13 Joseph E. Stiglitz Consumption Taxes and Saving: The Role of Uncertainty in Tax Reform pp. 114-19 Eric M Engen and William G Gale Neglected Effects on the Uses Side: Even a Uniform Tax Would Change Relative Goods Prices pp. 120-25 Don Fullerton and Diane Lim Rogers The Long-Run Dynamics of Fundamental Tax Reform pp. 126-32 Dale W Jorgenson and Peter J Wilcoxen Developing Policy Analysis of Fundamental Tax Reform pp. 133-37 Peter M Taylor How Different Are Income and Consumption Taxes? pp. 138-42 Robert Glenn Hubbard The Future of Fundamental Tax Reform pp. 143-46 Alan Auerbach Potential Disruption from the Move to a Consumption Tax pp. 147-50 Robert Ernest Hall Deconstructing the Income Tax pp. 151-55 Joel Slemrod Reconsidering the Fiscal Role of Government pp. 156-59 Richard A Musgrave Choice, Exchange, and Public Finance pp. 160-63 Richard E. Wagner Reconsidering the Fiscal Role of Government: The International Perspective pp. 164-68 Vito Tanzi and Ludger Schuknecht Reconciling Normative and Positive Theories of Government pp. 169-72 Joseph Cordes Levels of Economic Activity across Countries pp. 173-77 Robert Ernest Hall and Charles . Jones I Just Ran Two Million Regressions pp. 178-83 Xavier Sala--Martin Fundamental pp. 184-88 Jeffrey D Sachs and Andrew M. Warner Credible Economic Liberalizations and Overborrowing pp. 189-93 Ronald McKinnon and Huw Pill Per Capita Income Convergence and the Role of International Trade pp. 194-99 Matthew J Slaughter International Labor Flows and National Wages pp. 200-204 Stanley L Engerman and Ronald W Jones Trade Policy, Growth, and Income Distribution pp. 205-10 Sebastian Edwards Preferences, Domains, and Sustainability pp. 211-13 Peter B. Kenen Currency Areas, Common Currencies, and EMU pp. 214-16 Robert A. Mundell Political and Institutional Commitment to a Common Currency pp. 217-20 Michael Mussa Fiscal Aspects of Monetary Integration pp. 221-23 Rüdiger Dornbusch The Common Unresolved Problem with the EMS and EMU pp. 224-26 Dominick Salvatore EMU as a Device for Collective Fiscal Retrenchment pp. 227-29 Ronald McKinnon Is There a Core of Usable Macroeconomics We Should All Believe In? pp. 230-32 Robert M. Solow A Core of Practical Macroeconomics pp. 233-35 John B. Taylor Some Thoughts on Practical Stabilization Policy pp. 236-39 Martin Eichenbaum Is There a Core of Practical Macroeconomics That We Should All Believe? pp. 240-43 Alan S. Blinder Is There a Core of Usable Macroeconomics? pp. 244-46 Olivier Blanchard National Voluntary Content Standards for Pre-College Economics Education pp. 247-53 John J. Siegfried and Bonnie T Meszaros An Appraisal of Economics Content in the History, Social Studies, Civics, and Geography National Standards pp. 254-59 Stephen Buckles and Michael Watts The Effect of National Standards and Curriculum-Based Exams on Achievement pp. 260-64 John H Bishop Valuing Alternative-Fuel Vehicles in Southern California pp. 265-71 Camilla Kazimi Federal Housing Assistance, Residential Relocation, and Educational Opportunities: Evidence from Baltimore pp. 272-77 Helen F. Ladd and Jens Ludwig A Vector-Autoregression Analysis of State-Government Expenditure pp. 278-82 Therese A McCarty and Stephen J Schmidt The Rise and Downward Trend of the Natural Rate pp. 283-89 Edmund S. Phelps and Gylfi Zoega The Rise and Persistence of Rigidities pp. 290-94 Gilles Saint-Paul Unemployment and Nonemployment pp. 295-300 Kevin M. Murphy and Robert H. Topel Racial and Ethnic Inequality in the United States: A Secular Perspective pp. 301-05 William Alexander Darity , Jason Dietrich and David K Guilkey The Racial Unemployment Gap in Long-Run Perspective pp. 306-10 Robert W. Fairlie and William A Sundstrom Occupational Gains of Black Women since the 1964 Civil Rights Act: Long-Term or Episodic? pp. 311-14 Augustin Kwasi Fosu Recent Perspectives on African-Americans in Post-Industrial Labor Markets pp. 315-20 James B Stewart Challenges of China's Economic System for Economic Theory pp. 321-27 Gregory Chow Income, Growth, and Economic Freedom pp. 328-32 Stephen T. Easton and Michael A Walker Trust in Large Organizations pp. 333-38 La Porta, Rafael, et al The Reform of the Welfare State and Public Opinion pp. 339-43 János Kornai Russian Dilemmas pp. 344-48 Axel Leijonhufvud and Christof Ruhl Policy Performance and Output Growth in the Transition Economies pp. 349-53 Marcelo Selowsky and Ricardo Martin The Invisible Hand and the Grabbing Hand pp. 354-58 Timothy M. Frye and Andrei Shleifer Intrinsic Motivation and Extrinsic Incentives pp. 359-64 David M. Kreps Social Norms and the Law: An Economic Approach pp. 365-69 Richard A Posner Incentives and Social Norms in Household Behavior pp. 370-77 Assar Lindbeck Power of Incentives in Private versus Public Organizations pp. 378-82 Avinash Kamalakar Dixit Measuring Government Performance: Lessons from a Federal Job-Training Program pp. 383-88 Pascal Courty and Gerald Roger Marschke Assessing the Performance of Performance Standards in Public Bureaucracies pp. 389-95 James J. Heckman , Carolyn Heinrich and Jeffrey Andrew Smith Exploring the "Present through the Past": Career and Family across the Last Century pp. 396-99 Claudia Goldin Cliometrics after Forty Years pp. 400-403 Avner Greif The Value of Quantitative Evidence on the Effect of the Past on the Present pp. 404-08 James J. Heckman Notes on Cliometrics' Fortieth pp. 409-11 John R Meyer Cliometrics--Forty Years Later pp. 412-14 Douglass C. North Vertical Integration as a Self-Enforcing Contractual Arrangement pp. 415-20 Benjamin Klein and Kevin M. Murphy Deregulation, the Evolution of Corporate Governance Structure, and Survival pp. 421-25 Stacey R Kole and Kenneth Lehn The Firm in Economic Theory: A Quiet Revolution pp. 426-29 Harold Demsetz Irving Fisher (1867-1947) in Retrospect: Fisher's Introductory Text pp. 430-32 James Tobin One Little Piece of Irving Fisher pp. 433-35 Robert M. Solow Irving Fisher's Self-Stabilizing Money pp. 436-38 Robert Ernest Hall Irving Fisher: Modern Behavioral Economist pp. 439-41 Richard H. Thaler Irving Fisher and Modern Macroeconomics pp. 442-44 Robert W. Dimand Irving Fisher (1867-1947) in Retrospect pp. 445-47 William Barber The Effect of Insurance Coverage on Breast Cancer Patients' Treatment and Hospital Choices pp. 448-53 Jean M Mitchell and Jack Hadley Women and Substance Use: Are Women Less Susceptible to Addiction? pp. 454-59 Rosalie Liccardo Pacula The Allocation of Resources in Intergenerational Households: Adult Children and Their Elderly Parents pp. 460-64 Liliana E Pezzin and Barbara Steinberg Schone Volume 87, issue 1 , 1997
Trade Policy and Economic Development: How We Learn pp. 1-22 Anne O Krueger The Macroeconomic Effects of War Finance in the United States: World War II and the Korean War pp. 23-40 Lee Edward Ohanian True Measures of GDP and Convergence pp. 41-64 Steve Dowrick and John C. Quiggin Replicating Ricardian Equivalence Tests with Simulated Series pp. 65-79 Emanuela Cardia Measuring the Liquidity Effect pp. 80-97 James Hamilton Optimal Inflation Targets, "Conservative" Central Banks, and Linear Inflation Contracts pp. 98-114 Lars E. O. Svensson Aggregate Employment Dynamics: Building from Microeconomic Evidence pp. 115-37 Ricardo J. Caballero , Eduardo M.R.A. Engel and John Haltiwanger Capital-Account Liberalization as a Signal pp. 138-54 Leonardo Bartolini and Allan Drazen Excess Volatility and Closed-End Funds pp. 155-69 Jeffrey Pontiff The International Diversification Puzzle Is Worse Than You Think pp. 170-80 Marianne Baxter and Urban Joseph Jermann An Asset Allocation Puzzle pp. 181-91 Niko Canner , N. Gregory Mankiw and David N. Weil The Consumption Smoothing Benefits of Unemployment Insurance pp. 192-205 Jonathan Gruber Welfare-Improving Health Expenditure Subsidies pp. 206-21 William Jack and Louise Sheiner Disease Eradication: Private versus Public Vaccination pp. 222-30 Pierre Yves Geoffard and Tomas J Philipson A Solution to the Problem of Externalities When Agents Are Well-Informed: Comment pp. 231-35 Steffen Ziss Resolving Differences in Willingness to Pay and Willingness to Accept: Comment pp. 236-40 Gwendolyn C Morrison Resolving Differences in Willingness to Pay and Willingness to Accept: Reply pp. 241-44 Jason Shogren and Dermot James Hayes Environmental Levies and Distortionary Taxes: Comment pp. 245-51 Don Fullerton Environmental Levies and Distortionary Taxation: Reply pp. 252-53 Lans Bovenberg and Ruud Aloysius de Mooij
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