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American Economic Review
1969 - 2013
Edited by Pinelopi Koujianou Goldberg
from American Economic Association EDIRC .
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Volume 99, issue 5 , 2009
Investment in Schooling and the Marriage Market pp. 1689-1713 Pierre Chiappori , Murat Iyigun and Yoram Weiss Efficient Pollution Regulation: Getting the Prices Right pp. 1714-39 Nicholas Z. Muller and Robert Owen Mendelsohn Has Moral Hazard Become a More Important Factor in Managerial Compensation? pp. 1740-69 George-Levi Gayle and Robert A. Miller Selling to Overconfident Consumers pp. 1770-1807 Michael D. Grubb Risk Taking by Entrepreneurs pp. 1808-30 Galina Vereshchagina and Hugo A. Hopenhayn Adaptation and Vertical Integration in the Airline Industry pp. 1831-49 Silke Januszewski Forbes and Mara Lederman Naked Exclusion: An Experimental Study of Contracts with Externalities pp. 1850-77 Claudia M. Landeo and Kathryn E. Spier The Relative Performance of Real Estate Marketing Platforms: MLS versus FSBOMadison.com pp. 1878-98 Igal Hendel , Aviv Nevo and François Ortalo-Magné Innovation Diffusion in Heterogeneous Populations: Contagion, Social Influence, and Social Learning pp. 1899-1924 H. Peyton Young The Evolution of Time Preference with Aggregate Uncertainty pp. 1925-53 Arthur John Robson and Larry Samuelson Strategy-Proofness versus Efficiency in Matching with Indifferences: Redesigning the NYC High School Match pp. 1954-78 Atila Abdulkadiroglu , Parag Pathak and Alvin E. Roth Performance Pay and Teachers' Effort, Productivity, and Grading Ethics pp. 1979-2011 Victor Chaim Lavy On the Possibility of Credit Rationing in the Stiglitz-Weiss Model pp. 2012-21 Lutz Georg Arnold and John Graham Riley Peer-Induced Fairness in Games pp. 2022-49 Teck Hua Ho and Xuanming Su A Theory of Demand Shocks pp. 2050-84 Guido Lorenzoni Mental Accounting in Portfolio Choice: Evidence from a Flypaper Effect pp. 2085-95 James Jinwoo Choi , David Isaac Laibson and Brigitte C. Madrian Intra-industry Foreign Direct Investment pp. 2096-2119 Laura Alfaro and Andrew Charlton Media Markets and Localism: Does Local News en Español Boost Hispanic Voter Turnout? pp. 2120-28 Felix Oberholzer-Gee and Joel Waldfogel Surprised by the Parimutuel Odds? pp. 2129-34 Marco Ottaviani and Peter Norman Sørensen Debt Maturity and the International Financial Architecture pp. 2135-48 Olivier Jeanne Departure Times in Y-Shaped Traffic Networks with Multiple Bottlenecks pp. 2149-76 Terry E. Daniel , Eyran J. Gisches and Amnon Rapoport Technology, International Trade, and Pollution from US Manufacturing pp. 2177-92 Arik Levinson Endogenous Verifiability and Relational Contracting pp. 2193-2208 Ola Kvaløy and Trond E. Olsen The Retirement Consumption Puzzle: Evidence from a Regression Discontinuity Approach pp. 2209-26 Erich Battistin , Agar Brugiavini , Enrico Rettore and Guglielmo Weber Direct Democracy and Public Employees pp. 2227-46 John G. Matsusaka Individual Behavior and Group Membership: Comment pp. 2247-57 Matthias Sutter A Comment on the Economics of Labor Adjustment: Mind the Gap: Evidence from a Monte Carlo Experiment pp. 2258-66 Christian Bayer A Comment on the Economics of Labor Adjustment: Mind the Gap: Evidence from a Monte Carlo Experiment: Reply pp. 2267-76 Russell Cooper and Jonathan L. Willis Corrigendum: Language, Meaning, and Games: A Model of Communication, Coordination, and Evolution pp. 2277-2277 Stefano Demichelis and Jörgen W. Weibull Volume 99, issue 4 , 2009
Can News about the Future Drive the Business Cycle? pp. 1097-1118 Nir Jaimovich and Sergio T Rebelo Portfolio Claustrophobia: Asset Pricing in Markets with Illiquid Assets pp. 1119-44 Francis A. Longstaff Salience and Taxation: Theory and Evidence pp. 1145-77 Raj Chetty , W. Adam Looney and Kory Kroft Decentralized Organizational Learning: An Experimental Investigation pp. 1178-1205 Andreas Blume , John Duffy and April Franco Think Locally, Act Locally: Spillovers, Spillbacks, and Efficient Decentralized Policymaking pp. 1206-17 Hikaru Ogawa and David Wildasin The Origins of State Capacity: Property Rights, Taxation, and Politics pp. 1218-44 Timothy J. Besley and Torsten Persson Spousal Control and Intra-household Decision Making: An Experimental Study in the Philippines pp. 1245-77 Nava Ashraf Active and Passive Waste in Government Spending: Evidence from a Policy Experiment pp. 1278-1308 Oriana Bandiera , Andrea Prat and Tommaso Valletti One Chance in a Million: Altruism and the Bone Marrow Registry pp. 1309-34 Ted Bergstrom , Rodney John Garratt and Damien Sheehan-Connor Institution Formation in Public Goods Games pp. 1335-55 Michael Kosfeld , Akira Okada and Arno Riedl Tax Changes and Asset Pricing pp. 1356-83 Clemens Sialm The Effects of High Stakes High School Achievement Awards: Evidence from a Randomized Trial pp. 1384-1414 Joshua D Angrist and Victor Chaim Lavy Monetary Policy Analysis with Potentially Misspecified Models pp. 1415-50 Marco Del Negro and Frank Schorfheide Technological Revolutions and Stock Prices pp. 1451-83 Lubos Pastor and Pietro Veronesi Hindsight, Foresight, and Insight: An Experimental Study of a Small-Market Investment Game with Common and Private Values pp. 1484-1507 Asen Ivanov , Dan Levin and James Peck Narrow Bracketing and Dominated Choices pp. 1508-43 Matthew Rabin and Georg Weizsäcker Why Do Sellers (Usually) Prefer Auctions? pp. 1544-75 Jeremy Bulow and Paul Klemperer Learning about the Future and Dynamic Efficiency pp. 1576-87 Alex Gershkov and Benny Moldovanu Bank Runs and Institutions: The Perils of Intervention pp. 1588-1607 Huberto M. Ennis and Todd Keister Expectation Damages, Divisible Contracts, and Bilateral Investment pp. 1608-18 Susanne Ohlendorf Field Centipedes pp. 1619-35 Ignacio Palacios-Huerta and Oscar Volij VAR Analysis and the Great Moderation pp. 1636-52 Luca Benati and Paolo Surico Art as an Investment and Conspicuous Consumption Good pp. 1653-63 Benjamin R. Mandel Offshoring and Volatility: Evidence from Mexico's Maquiladora Industry pp. 1664-71 Paul Bergin , Robert C. Feenstra and Gordon Hanson Gibrat's Law for (All) Cities: Comment pp. 1672-75 Moshe Levy Gibrat's Law for (All) Cities: Reply pp. 1676-83 Jan Eeckhout Volume 99, issue 3 , 2009
The Increasing Returns Revolution in Trade and Geography pp. 561-71 Paul R. Krugman Bureaucratic Minimal Squawk Behavior: Theory and Evidence from Regulatory Agencies pp. 572-607 Clare Leaver Incentives and Stability in Large Two-Sided Matching Markets pp. 608-27 Fuhito Kojima and Parag Pathak Economic Catastrophe Bonds pp. 628-66 Joshua D. Coval , Jakub W. Jurek and Erik Stafford Distributional and Efficiency Impacts of Increased US Gasoline Taxes pp. 667-99 Antonio M. Bento , Lawrence H. Goulder , Mark R. Jacobsen and Roger Hans von Haefen Should Urban Transit Subsidies Be Reduced? pp. 700-724 Ian Parry and Kenneth A. Small Trade, Tragedy, and the Commons pp. 725-49 Brian R. Copeland and M. Scott Taylor Strategic Leniency and Cartel Enforcement pp. 750-68 Nathan H. Miller Optimal Sticky Prices under Rational Inattention pp. 769-803 Bartosz Maćkowiak and Mirko Wiederholt The Young, the Old, and the Restless: Demographics and Business Cycle Volatility pp. 804-26 Nir Jaimovich and Henry E. Siu Tricks with Hicks: The EASI Demand System pp. 827-63 Arthur Lewbel and Krishna Pendakur Observational Learning: Evidence from a Randomized Natural Field Experiment pp. 864-82 Hongbin Cai , Yuyu Chen and Hanming Fang Misselling through Agents pp. 883-908 Roman Inderst and Marco Ottaviani Reference-Dependent Consumption Plans pp. 909-36 Botond Koszegi and Matthew Rabin Evolution of Time Preferences and Attitudes toward Risk pp. 937-55 Nick Netzer Cooperation and Competition in Intergenerational Experiments in the Field and the Laboratory pp. 956-78 Gary Charness and Marie Claire Villeval Cooperation among Strangers under the Shadow of the Future pp. 979-1005 Gabriele Camera and Marco Casari Under the Weather: Health, Schooling, and Economic Consequences of Early-Life Rainfall pp. 1006-26 Sharon Maccini and Dean Yang Anchoring Effects: Evidence from Art Auctions pp. 1027-39 Alan Beggs and Kathryn Graddy On the Welfare Cost of Inflation and the Recent Behavior of Money Demand pp. 1040-52 Peter N. Ireland Not All Oil Price Shocks Are Alike: Disentangling Demand and Supply Shocks in the Crude Oil Market pp. 1053-69 Lutz Kilian Exclusive Dealing and Entry, When Buyers Compete: Comment pp. 1070-81 Julian Wright Corrigendum: Women, Wealth, and Mobility pp. 1082-1082 Lena Edlund and Wojciech Kopczuk Volume 99, issue 2 , 2009
Papers and Proceedings of the One Hundred Twenty-First Annual Meeting of the American Economic Association: Editors' Introduction pp. viii-viii William R. Johnson and Jane E. Voros Papers and Proceedings of the One Hundred Twenty-First Annual Meeting of the American Economic Association: Foreword pp. ix-ix Angus S. Deaton Immigration and Inequality pp. 1-21 David E. Card The Demography of Mexican Migration to the United States pp. 22-27 Gordon Hanson and Craig McIntosh Do Immigrants and Their Children Free Ride More Than Natives? pp. 28-34 Una Okonkwo Osili and Jia Xie The Labor Supply of Immigrants in the United States: The Role of Changing Source Country Characteristics pp. 35-40 Mary Lopez and Fernando A. Lozano Immigration and Poverty in the United States pp. 41-44 Steven Raphael and Eugene Smolensky This Job Is "Getting Old": Measuring Changes in Job Opportunities Using Occupational Age Structure pp. 45-51 David Autor and David Dorn New Evidence on the Returns to Job Skills pp. 52-57 Katharine Gail Abraham and James R. Spletzer Job Polarization in Europe pp. 58-63 Maarten Goos , Alan Manning and Anna Salomons Implementation of a New Architecture for the US National Accounts pp. 64-68 Dale W. Jorgenson and J. Steven Landefeld Perspectives on the New Architecture for the US National Accounts pp. 69-73 Michael J. Boskin Integrated GDP-Productivity Accounts pp. 74-79 Michael J. Harper , Brent R Moulton , Steven Rosenthal and David B. Wasshausen The Integrated Financial and Real System of National Accounts for the United States: Does It Presage the Financial Crisis? pp. 80-86 Michael G. Palumbo and Jonathan A. Parker Expectations and Perceptions in Developing Countries: Their Measurement and Their Use pp. 87-92 Orazio Attanasio Egalitarianism and Competitiveness pp. 93-98 Bjorn Bartling , Ernst Fehr , Michel André Maréchal and Daniel Schunk Are Two Cheap, Noisy Measures Better Than One Expensive, Accurate One? pp. 99-103 Martin Browning and Thomas F. Crossley Early Life Health and Cognitive Function in Old Age pp. 104-09 Anne Case and Christina Paxson Life Expectancy and Old Age Savings pp. 110-15 Mariacristina De Nardi , Eric Baird French and John Bailey Jones Approaches to Estimating the Health State Dependence of the Utility Function pp. 116-21 Amy Finkelstein , Erzo F.P. Luttmer and Matthew J. Notowidigdo Why Are Recessions Good for Your Health? pp. 122-27 Douglas Lee Miller , Marianne Elizabeth Page , Ann Huff Stevens and Mateusz Filipski Child Benefits, Maternal Employment, and Children's Health: Evidence from Canadian Child Benefit Expansions pp. 128-32 Kevin Milligan and Mark Stabile Average Earnings and Long-Term Mortality: Evidence from Administrative Data pp. 133-38 Daniel G. Sullivan and Till von Wachter Time-Use Patterns and Women Entrepreneurs pp. 139-44 Tami Gurley-Calvez , Amelia Biehl and Katherine Harper How Do Remittances Affect Human Capital Formation of School-Age Boys and Girls? pp. 145-48 Cynthia Bansak and Brian Chezum The Impact of Unexpected Maternal Death on Education: First Evidence from Three National Administrative Data Links pp. 149-53 Stacey Hsiangju Chen , Yen-Chien Chen and Jin-Tan Liu Motherhood Delay and the Human Capital of the Next Generation pp. 154-58 Amalia Rebecca Miller Strategies for Promoting Healthier Food Choices pp. 159-64 Julie S. Downs , George Loewenstein and Jessica Wisdom Mindless Eating and Healthy Heuristics for the Irrational pp. 165-69 Brian Wansink , David R. Just and Collin R. Payne Time Use and Food Consumption pp. 170-76 Marianne Bertrand and Diane Whitmore Schanzenbach Fetal Exposures to Toxic Releases and Infant Health pp. 177-83 Janet Currie and Johannes F. Schmieder Winter Heating or Clean Air? Unintended Impacts of China's Huai River Policy pp. 184-90 Douglas Almond , Yuyu Chen , Michael Greenstone and Hongbin Li Voluntary Compliance, Pollution Levels, and Infant Mortality in Mexico pp. 191-97 Andrew Foster , Emilio Gutierrez and Naresh Kumar Temperature and Income: Reconciling New Cross-Sectional and Panel Estimates pp. 198-204 Melissa Dell , Benjamin F. Jones and Benjamin A. Olken Impact of Climate Change on Rice Production in Thailand pp. 205-10 John Felkner , Kamilya Tazhibayeva and Robert M. Townsend Climate Change and Birth Weight pp. 211-17 Olivier Deschenes , Michael Greenstone and Jonathan Guryan Economic Effects of Childhood Exposure to Tropical Disease pp. 218-23 Hoyt Bleakley What Matters (and What Does Not) in Households' Decision to Invest in Malaria Prevention? pp. 224-30 Pascaline Dupas Commitment Mechanisms and Compliance with Health-Protecting Behavior: Preliminary Evidence from Orissa, India pp. 231-35 Alessandro Tarozzi , Aprajit Mahajan , Joanne Kannan Yoong and Brian Blackburn Intrahousehold Allocation of Free and Purchased Mosquito Nets pp. 236-41 Vivian E. Hoffmann Urbanization, Mortality, and Fertility in Malthusian England pp. 242-47 Gregory Clark and Neil J Cummins Malthusian Dynamism and the Rise of Europe: Make War, Not Love pp. 248-54 Nico Voigtländer and Hans-Joachim Voth How Relevant Is Malthus for Economic Development Today? pp. 255-60 David N. Weil and Joshua Wilde Institutions versus Policies: A Tale of Two Islands pp. 261-67 Peter Blair Henry and Conrad Miller Metals or Management? Explaining Africa's Recent Economic Growth Performance pp. 268-74 Laura N. Beny and Lisa D. Cook South Africa's Post-apartheid Two-Step: Social Demands versus Macro Stability pp. 275-81 Brahima Coulibaly and Trevon D. Logan Defensive Weapons and Defensive Alliances pp. 282-86 Sylvain Chassang and Gerard Padro i Miquel Can Development Aid Contribute to Social Cohesion after Civil War? Evidence from a Field Experiment in Post-conflict Liberia pp. 287-91 James Dana Fearon , Macartan Humphreys and Jeremy M. Weinstein Repression or Civil War? pp. 292-97 Timothy J. Besley and Torsten Persson Do Juntas Lead to Personal Rule? pp. 298-303 Daron Acemoglu , Georgy Egorov and Konstantin Sonin Consolidation of New Democracy, Mass Attitudes, and Clientelism pp. 304-09 Adi Brender and Allan Drazen The Real Swing Voter's Curse pp. 310-15 James A. Robinson and Ragnar Torvik Lies, Damn Lies, and Pre-election Polling pp. 316-22 Elias Walsh , Sarah Dolfin and John Enrico DiNardo Racial Bias in the 2008 Presidential Election pp. 323-29 Alexandre Mas and Enrico Moretti Bayesian Learning and the Pricing of New Information: Evidence from Prediction Markets pp. 330-36 David S. Lee and Enrico Moretti A Model of Discovery pp. 337-42 Michele Boldrin and David K. Levine The Empirical Impact of Intellectual Property Rights on Innovation: Puzzles and Clues pp. 343-48 Josh Lerner Intellectual Property Rights, the Industrial Revolution, and the Beginnings of Modern Economic Growth pp. 349-55 Joel Mokyr Identifying Preferences under Risk from Discrete Choices pp. 356-62 Pierre Chiappori , Amit Gandhi , Bernard Salanié and François Salanié Risk Preferences in the PSID: Individual Imputations and Family Covariation pp. 363-68 Miles Spencer Kimball , Claudia R. Sahm and Matthew D. Shapiro Endogenous Effective Discounting, Credit Constraints, and Wealth Inequality pp. 369-73 Jeremy Tobacman Did the 2008 Tax Rebates Stimulate Spending? pp. 374-79 Matthew D. Shapiro and Joel Slemrod The Effects of Population Aging on the Relationship among Aggregate Consumption, Saving, and Income pp. 380-86 Karen E. Dynan , Wendy Edelberg and Michael G. Palumbo Disentangling Insurance and Information in Intertemporal Consumption Choices pp. 387-92 Katja Maria Kaufmann and Luigi Pistaferri Measuring the Financial Sophistication of Households pp. 393-98 Laurent E. Calvet , John Y. Campbell and Paolo Sodini Who Bears Aggregate Fluctuations and How? pp. 399-405 Jonathan A. Parker and Annette Vissing-Jorgensen Momentum Traders in the Housing Market: Survey Evidence and a Search Model pp. 406-11 Monika Piazzesi and Martin Schneider Payday Loans and Credit Cards: New Liquidity and Credit Scoring Puzzles? pp. 412-17 Sumit Agarwal , Paige Marta Skiba and Jeremy Tobacman What Do High-Interest Borrowers Do with Their Tax Rebate? pp. 418-23 Marianne Bertrand and Adair Morse What Do Consumers Really Pay on Their Checking and Credit Card Accounts? Explicit, Implicit, and Avoidable Costs pp. 424-29 Victor Stango and Jonathan Zinman Online Ad Auctions pp. 430-34 Hal Ronald Varian The Quest for QWERTY pp. 435-40 Tanjim Hossain and John Morgan Skewed Bidding in Pay-per-Action Auctions for Online Advertising pp. 441-47 Nikhil Agarwal , Susan Athey and David Yang Authority versus Persuasion pp. 448-53 Eric Jan Van den Steen Financial Risk Management: When Does Independence Fail? pp. 454-58 Augustin Landier , David Alexandre Sraer and David Thesmar Over My Dead Body: Bargaining and the Price of Dignity pp. 459-65 Roland J. Benabou and Jean Tirole The Aftermath of Financial Crises pp. 466-72 Carmen M. Reinhart and Kenneth S Rogoff Expropriation Dynamics pp. 473-79 Mark Aguiar , Manuel Amador and Gita Gopinath Financial Instability, Reserves, and Central Bank Swap Lines in the Panic of 2008 pp. 480-86 Maurice Obstfeld , Jay C. Shambaugh and Alan M. Taylor The Margins of US Trade pp. 487-93 Andrew B. Bernard , J. Bradford Jensen , Stephen James Redding and Peter K. Schott Trade Liberalization and New Imported Inputs pp. 494-500 Pinelopi Koujianou Goldberg , Amit Kumar Khandelwal , Nina Pavcnik and Petia Topalova Plants and Imported Inputs: New Facts and an Interpretation pp. 501-07 Maurice Kugler and Eric Verhoogen Another Look at the Impacts of Health Reform in Massachusetts: Evidence Using New Data and a Stronger Model pp. 508-11 Sharon K. Long , Karen Stockley and Alshadye Yemane Disability Screening and Labor Supply: Evidence from South Africa pp. 512-16 Sophie Mitra A Theory of Brain Drain and Public Funding for Higher Education in the United States pp. 517-21 Felicia A Ionescu and Linnea Ann Polgreen Public Policy and the Dynamics of Children's Health Insurance, 1986-1999 pp. 522-26 John C. Ham , Xianghong Li and Lara Shore-Sheppard How Should Public Pension Plans Invest? pp. 527-32 Deborah J. Lucas and Stephen P. Zeldes Will Public Sector Retiree Health Benefit Plans Survive? Economic and Policy Implications of Unfunded Liabilities pp. 533-37 Robert L. Clark Discounting State and Local Pension Liabilities pp. 538-42 Jeffrey Robert Brown and David W. Wilcox Implementing the New Fiscal Policy Activism pp. 543-49 Alan Auerbach The Lack of an Empirical Rationale for a Revival of Discretionary Fiscal Policy pp. 550-55 John B. Taylor Rethinking the Role of Fiscal Policy pp. 556-59 Martin S. Feldstein Capital Reallocation and Growth pp. 560-66 Janice Eberly and Neng Wang Information, Liquidity, and the (Ongoing) Panic of 2007 pp. 567-72 Gary Gorton Is Monetary Policy Effective during Financial Crises? pp. 573-77 Frederic Mishkin A Note on Liquidity Risk Management pp. 578-83 Markus K. Brunnermeier and Motohiro Yogo Global Imbalances and Financial Fragility pp. 584-88 Ricardo J. Caballero and Arvind Krishnamurthy Leverage and the Central Banker's Put pp. 589-93 Emmanuel Farhi and Jean Tirole Market and Public Liquidity pp. 594-99 Patrick Bolton , Tano Santos and Jose Alexandre Scheinkman Money, Liquidity, and Monetary Policy pp. 600-605 Tobias Adrian and Hyun Song Shin The Credit Crisis: Conjectures about Causes and Remedies pp. 606-10 Douglas W. Diamond and Raghuram G. Rajan The Economics Major as Part of a Liberal Education: The Teagle Report pp. 611-18 David Colander and KimMarie McGoldrick The Economics Major as Part of a Liberal Education: The Teagle Report: Comment pp. 618-20 Catharine Hill The Economics Major as Part of a Liberal Education: The Teagle Report: Comment pp. 620-21 David W. Breneman The Economics Major as Part of a Liberal Education: The Teagle Report: Comment pp. 621-23 George Daly Completing an Economics PhD in Five Years pp. 624-29 Wendy A. Stock , T. Aldrich Finegan and John J. Siegfried Minutes of the Annual Meeting: San Francisco, CA, January 4, 2009 pp. 631-32 John J. Siegfried Report of the Secretary for 2008 pp. 633-36 John J. Siegfried Report of the Treasurer pp. 637-40 John J. Siegfried American Economic Association Universal Academic Questionnaire Summary Statistics pp. 641-45 Charles E. Scott and John J. Siegfried List of Online Reports pp. 646-46 Charles E. Scott and John J. Siegfried Minutes of the Executive Committee Meetings pp. 647-59 John J. Siegfried Report of the Editor: American Economic Review pp. 660-70 Robert A. Moffitt Report of the Editor: Journal of Economic Literature pp. 671-73 Roger Gordon Report of the Editor: Journal of Economic Perspectives pp. 674-75 Andrei Shleifer Report of the Editor: American Economic Journal: Applied Economics pp. 676-78 Esther Duflo Report of the Editor: American Economic Journal: Economic Policy pp. 679-80 Alan Auerbach Report of the Editor: American Economic Journal: Macroeconomics pp. 681-82 Olivier Blanchard Report of the Editor: American Economic Journal: Microeconomics pp. 683-84 Andrew Postlewaite Report of the Director: Job Openings for Economists pp. 685-87 John J. Siegfried Report of the Committee on Economic Education pp. 688-91 Michael Watts Report of the Committee on the Status of Women in the Economics Profession 2008 pp. 692-99 Barbara M. Fraumeni Report of the Committee on the Status of Minority Groups in the Economics Profession pp. 700-709 Cecilia Rouse Report of the Committee on Economic Statistics pp. 710-710 Katharine Gail Abraham Volume 99, issue 1 , 2009
Governance Institutions and Economic Activity pp. 5-24 Avinash Kamalakar Dixit Taxing Capital? Not a Bad Idea after All! pp. 25-48 Juan Carlos Conesa , Sagiri Kitao and Dirk Krueger Liquidity Constraints and Imperfect Information in Subprime Lending pp. 49-84 William Adams , Liran Einav and Jonathan Levin Estate Taxation, Entrepreneurship, and Wealth pp. 85-111 Marco Cagetti and Mariacristina De Nardi Peers at Work pp. 112-45 Alexandre Mas and Enrico Moretti Women, Wealth, and Mobility pp. 146-78 Lena Edlund and Wojciech Kopczuk Class-Size Caps, Sorting, and the Regression-Discontinuity Design pp. 179-215 Miguel Urquiola and Eric Verhoogen Taxes and Employment Subsidies in Optimal Redistribution Programs pp. 216-42 Paul Beaudry , Charles Blackorby and Dezsoe Szalay Rare Disasters, Asset Prices, and Welfare Costs pp. 243-64 Robert J. Barro Cognition and Incomplete Contracts pp. 265-94 Jean Tirole The Value of Groups pp. 295-323 Shaun P. Hargreaves Heap and Daniel John Zizzo The War on Drugs: Methamphetamine, Public Health, and Crime pp. 324-49 Carlos Dobkin and Nancy Nicosia Sticky Prices and Monetary Policy: Evidence from Disaggregated US Data pp. 350-84 Jean Boivin , Marc P. Giannoni and Ilian Mihov Risk, Ambiguity, and the Rank-Dependence Axioms pp. 385-92 Mark Machina Insurer-Provider Networks in the Medical Care Market pp. 393-430 Kate Ho Group Identity and Social Preferences pp. 431-57 Yan Chen and Sherry Xin Li Excise Taxes with Multiproduct Transactions pp. 458-71 Stephen F. Hamilton Diversity in the Workplace pp. 472-85 John Morgan and Felix Vardy Indirect Effects of an Aid Program: How Do Cash Transfers Affect Ineligibles' Consumption? pp. 486-508 Manuela Angelucci and Giacomo De Giorgi Political Economy at Any Speed: What Determines Traffic Citations? pp. 509-27 Michael Douglas Makowsky and Thomas Stratmann Democracy and Foreign Education pp. 528-43 Antonio Spilimbergo Doing Good or Doing Well? Image Motivation and Monetary Incentives in Behaving Prosocially pp. 544-55 Dan Ariely , Anat Bracha and Stephan Meier
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