Details about George A. Akerlof

Homepage:	http://emlab.berkeley.edu/users/akerlof/
Postal address:	George A. Akerlof obtained the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel in 2001. His entry is maintained by the RePEc team. The listed email address will not respond to inqu
Workplace:	Department of Economics, University of California-Berkeley, (more information at EDIRC) Economic Studies, Brookings Institution, (more information at EDIRC)

Access statistics for papers by George A. Akerlof.

Last updated 2023-03-11. Update your information in the RePEc Author Service.

Short-id: pak7

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Jump to Journal Articles Books Edited books Chapters

Working Papers

2017

1. Beetles: Biased Promotions and Persistence of False Belief
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (3)

2016

2. Bread and Bullets
   CESifo Working Paper Series, CESifo View citations (38)
   Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2016) View citations (36)
   Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (2016) View citations (36)
   See also Journal Article Bread and bullets, Journal of Economic Behavior & Organization, Elsevier (2016) View citations (36) (2016)

2003

3. Writing the "The Market for 'Lemons'": A Personal and Interpretive Essay
   Nobel Prize in Economics documents, Nobel Prize Committee

2002

4. Autobiography
   Nobel Prize in Economics documents, Nobel Prize Committee
5. Inflation and Unemployment in the U.S. and Canada: A Common Framework
   Cahiers de recherche du Département des sciences économiques, UQAM, Université du Québec à Montréal, Département des sciences économiques View citations (1)

2001

6. Behavioral Macroeconomics and Macroeconomic Behavior
   Nobel Prize in Economics documents, Nobel Prize Committee View citations (10)
   See also Journal Article Behavioral Macroeconomics and Macroeconomic Behavior, The American Economist, Sage Publications (2003) View citations (2) (2003)
7. Interview with the 2001 Laureates in Economics, George A. Akerlof, A. Michael Spence and Joseph E. Stiglitz
   Nobel Prize in Economics documents, Nobel Prize Committee

1990

8. Waiting for Work
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
   See also Journal Article Waiting for work, Proceedings, Federal Reserve Bank of San Francisco (1990) (1990)

1988

9. Workers' Trust Funds and the Logic of Wage Profiles
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (38)
   See also Journal Article Workers' Trust Funds and the Logic of Wage Profiles, The Quarterly Journal of Economics, President and Fellows of Harvard College (1989) View citations (70) (1989)

1986

10. Do Deferred Wages Dominate Involuntary Unemployment as a Worker Discipline Device?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)

1978

11. A theory of involuntary unemployment
    Special Studies Papers, Board of Governors of the Federal Reserve System (U.S.)
12. A theory of social custom, of which unemployment may be one consequence
    Special Studies Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (25)
    See also Journal Article A Theory of Social Custom, of which Unemployment may be One Consequence, The Quarterly Journal of Economics, President and Fellows of Harvard College (1980) View citations (836) (1980)
13. Irving Fisher on his head II: the consequences of the timing of payments for the demand for money
    Special Studies Papers, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article Irving Fisher on His Head II: The Consequences of the Timing of Payments for the Demand for Money, The Quarterly Journal of Economics, President and Fellows of Harvard College (1980) View citations (6) (1980)
14. The sensitivity of monetarist conclusions to monetarist assumptions: constant lag versus constant target-threshold monitoring
    Special Studies Papers, Board of Governors of the Federal Reserve System (U.S.)
15. Unemployment spells and unemployment experience
    Special Studies Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (3)
    See also Journal Article Unemployment Spells and Unemployment Experience, American Economic Review, American Economic Association (1980) View citations (38) (1980)

Journal Articles

2021

1. Frontrunning the signals: As arbitrage between sophisticates
   Proceedings of the National Academy of Sciences, 2021, 118, (13), e2025524118
2. Грехи упущения и практика экономической науки
   (Sins of Omission and the Practice of Economics)
   Ekonomicheskaya Politika / Economic Policy, 2021, 1, 104-123 View citations (7)

2020

3. Sins of Omission and the Practice of Economics
   Journal of Economic Literature, 2020, 58, (2), 405-18 View citations (48)

2019

4. Centre-state fiscal relations in India
   Indian Economic Review, 2019, 54, (1), 215-233
5. What They Were Thinking Then: The Consequences for Macroeconomics during the Past 60 Years
   Journal of Economic Perspectives, 2019, 33, (4), 171-86 View citations (3)

2016

6. Bread and bullets
   Journal of Economic Behavior & Organization, 2016, 126, (PB), 58-71 View citations (36)
   See also Working Paper Bread and Bullets, CESifo Working Paper Series (2016) View citations (38) (2016)
7. Manipulation and Deception as Part of a Phishing Equilibrium
   Business Economics, 2016, 51, (4), 207-212 View citations (3)

2010

8. Identity Economics
   The Economists' Voice, 2010, 7, (2), 3 View citations (58)

2009

9. How Human Psychology Drives the Economy and Why It Matters
   American Journal of Agricultural Economics, 2009, 91, (5), 1175-1175 View citations (768)

2008

10. Comment on "Household Debt in the Consumer Age: Source of Growth--Risk of Collapse" (by Barry Z. Cynamon and Steven M. Fazzari)
    Capitalism and Society, 2008, 3, (2), 4 View citations (1)
11. Identity, Supervision, and Work Groups
    American Economic Review, 2008, 98, (2), 212-17 View citations (74)

2007

12. The Missing Motivation in Macroeconomics
    American Economic Review, 2007, 97, (1), 5-36 View citations (243)
13. The New Case for Keynesianism
    Challenge, 2007, 50, (4), 5-16 View citations (3)
14. Unfinished Business in the Macroeconomics of Low Inflation: A Tribute to George and Bill by Bill and George
    Brookings Papers on Economic Activity, 2007, 38, (2), 31-48 View citations (9)

2006

15. Foreword
    American Economic Review, 2006, 96, (2), 9-9
16. Stabilization Policy: A Reconsideration
    Economic Inquiry, 2006, 44, (1), 1-22 View citations (35)

2005

17. Identity and the Economics of Organizations
    Journal of Economic Perspectives, 2005, 19, (1), 9-32 View citations (753)

2004

18. Election 2004: Fiction vs. Reality
    The Economists' Voice, 2004, 1, (2), 8

2003

19. Behavioral Macroeconomics and Macroeconomic Behavior
    The American Economist, 2003, 47, (1), 25-47 View citations (2)
    Also in American Economic Review, 2002, 92, (3), 411-433 (2002) View citations (203)
    See also Working Paper Behavioral Macroeconomics and Macroeconomic Behavior, Nobel Prize in Economics documents (2001) View citations (10) (2001)

2002

20. Identity and Schooling: Some Lessons for the Economics of Education
    Journal of Economic Literature, 2002, 40, (4), 1167-1201 View citations (436)

2000

21. Economics and Identity
    The Quarterly Journal of Economics, 2000, 115, (3), 715-753 View citations (2780)
22. Near-Rational Wage and Price Setting and the Long-Run Phillips Curve
    Brookings Papers on Economic Activity, 2000, 31, (1), 1-60 View citations (302)

1998

23. Men without Children
    Economic Journal, 1998, 108, (447), 287-309 View citations (58)

1997

24. Social Distance and Social Decisions
    Econometrica, 1997, 65, (5), 1005-1028 View citations (771)

1996

25. An Analysis of Out-of-Wedlock Childbearing in the United States
    The Quarterly Journal of Economics, 1996, 111, (2), 277-317 View citations (228)
26. Low Inflation or No Inflation: Should the Federal Reserve Pursue Complete Price Stability?
    Challenge, 1996, 39, (5), 11-17 View citations (13)
27. The Macroeconomics of Low Inflation
    Brookings Papers on Economic Activity, 1996, 27, (1), 1-76 View citations (653)

1993

28. Looting: The Economic Underworld of Bankruptcy for Profit
    Brookings Papers on Economic Activity, 1993, 24, (2), 1-74 View citations (241)

1991

29. East Germany in from the Cold: The Economic Aftermath of Currency Union
    Brookings Papers on Economic Activity, 1991, 22, (1), 1-106 View citations (216)
30. Procrastination and Obedience
    American Economic Review, 1991, 81, (2), 1-19 View citations (356)

1990

31. The Fair Wage-Effort Hypothesis and Unemployment
    The Quarterly Journal of Economics, 1990, 105, (2), 255-283 View citations (1101)
32. Waiting for work
    Proceedings, 1990, (Nov)
    See also Working Paper Waiting for Work, NBER Working Papers (1990) View citations (2) (1990)

1989

33. THE ECONOMICS OF ILLUSION*
    Economics and Politics, 1989, 1, (1), 1-15 View citations (33)
34. Workers' Trust Funds and the Logic of Wage Profiles
    The Quarterly Journal of Economics, 1989, 104, (3), 525-536 View citations (70)
    See also Working Paper Workers' Trust Funds and the Logic of Wage Profiles, NBER Working Papers (1988) View citations (38) (1988)

1988

35. Fairness and Unemployment
    American Economic Review, 1988, 78, (2), 44-49 View citations (204)
36. Job Switching and Job Satisfaction in the U.S. Labor Market
    Brookings Papers on Economic Activity, 1988, 19, (2), 495-594 View citations (281)

1987

37. Rational Models of Irrational Behavior
    American Economic Review, 1987, 77, (2), 137-42 View citations (20)

1985

38. A Near-Rational Model of the Business Cycle, with Wage and Price Inertia
    The Quarterly Journal of Economics, 1985, 100, (Supplement), 823-838 View citations (407)
39. Can Small Deviations from Rationality Make Significant Differences to Economic Equilibria?
    American Economic Review, 1985, 75, (4), 708-20 View citations (225)
40. Discriminatory, Status-based Wages among Tradition-oriented, Stochastically Trading Coconut Producers
    Journal of Political Economy, 1985, 93, (2), 265-76 View citations (37)
41. Unemployment Through the Filter of Memory
    The Quarterly Journal of Economics, 1985, 100, (3), 747-773 View citations (37)

1984

42. Gift Exchange and Efficiency-Wage Theory: Four Views
    American Economic Review, 1984, 74, (2), 79-83 View citations (233)

1983

43. Loyalty Filters
    American Economic Review, 1983, 73, (1), 54-63 View citations (85)
44. Measures of Unemployment Duration as Guides to Research and Policy: Reply [An Experience-Weighted Measure of Employment and Unemployment Duration]
    American Economic Review, 1983, 73, (5), 1151-52 View citations (1)

1982

45. Labor Contracts as Partial Gift Exchange
    The Quarterly Journal of Economics, 1982, 97, (4), 543-569 View citations (1587)
46. The Economic Consequences of Cognitive Dissonance
    American Economic Review, 1982, 72, (3), 307-19 View citations (526)
47. The Short-Run Demand for Money: A New Look at an Old Problem
    American Economic Review, 1982, 72, (2), 35-39 View citations (1)

1981

48. An Experience-Weighted Measure of Employment and Unemployment Durations
    American Economic Review, 1981, 71, (5), 1003-11 View citations (24)
49. Jobs as Dam Sites
    The Review of Economic Studies, 1981, 48, (1), 37-49 View citations (15)

1980

50. A Theory of Social Custom, of which Unemployment may be One Consequence
    The Quarterly Journal of Economics, 1980, 94, (4), 749-775 View citations (836)
    See also Working Paper A theory of social custom, of which unemployment may be one consequence, Special Studies Papers (1978) View citations (25) (1978)
51. Irving Fisher on His Head II: The Consequences of the Timing of Payments for the Demand for Money
    The Quarterly Journal of Economics, 1980, 95, (1), 145-157 View citations (6)
    See also Working Paper Irving Fisher on his head II: the consequences of the timing of payments for the demand for money, Special Studies Papers (1978) (1978)
52. Maximum Likelihood Estimation with Pooled Observations: An Example from labor Economics
    International Economic Review, 1980, 21, (3), 507-15
53. The Implicit Contract Theory of Unemployment meets the Wage Bill Argument
    The Review of Economic Studies, 1980, 47, (2), 321-338 View citations (57)
54. The Short Run Demand for Money
    Economic Journal, 1980, 90, (363), 885-900 View citations (8)
55. Unemployment Spells and Unemployment Experience
    American Economic Review, 1980, 70, (5), 885-93 View citations (38)
    See also Working Paper Unemployment spells and unemployment experience, Special Studies Papers (1978) View citations (3) (1978)

1979

56. Irving Fisher on his Head: The Consequences of Constant Threshold-Target Monitoring of Money Holdings
    The Quarterly Journal of Economics, 1979, 93, (2), 169-187 View citations (27)

1978

57. New Calculations of Income and Interest Elasticities in Tobin's Model of the Transactions Demand for Money
    The Review of Economics and Statistics, 1978, 60, (4), 541-46 View citations (1)
58. The microeconomic foundations of a flow of funds theory of the demand for money
    Journal of Economic Theory, 1978, 18, (1), 190-215

1976

59. Inflationary Tales Told by Static Models: The Case of Price Setters
    American Economic Review, 1976, 66, (2), 72-76
60. Reply to Professor Heal
    The Quarterly Journal of Economics, 1976, 90, (3), 503 View citations (2)
61. The Economics of Caste and of the Rat Race and Other Woeful Tales
    The Quarterly Journal of Economics, 1976, 90, (4), 599-617 View citations (382)

1973

62. The Demand for Money: A General-Equilibrium Inventory-Theoretic Approach
    The Review of Economic Studies, 1973, 40, (1), 115-130 View citations (10)

1970

63. Substitution in a general equilibrium framework
    Journal of Economic Theory, 1970, 2, (4), 411-422 View citations (2)
64. The Market for "Lemons": Quality Uncertainty and the Market Mechanism
    The Quarterly Journal of Economics, 1970, 84, (3), 488-500 View citations (5955)

1969

65. Capital, Wages and Structural Unemployment
    Economic Journal, 1969, 79, (314), 269-81 View citations (17)
66. Relative Wages and the Rate of Inflation
    The Quarterly Journal of Economics, 1969, 83, (3), 353-374 View citations (17)
67. Structural Unemployment in a Neoclassical Framework
    Journal of Political Economy, 1969, 77, (3), 399-407 View citations (2)

Books

2015

1. An Economic Theorist's Book of Tales China Edition
   Cambridge Books, Cambridge University Press
2. Phishing for Phools: The Economics of Manipulation and Deception
   Economics Books, Princeton University Press View citations (159)

2011

3. Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being
   Economics Books, Princeton University Press View citations (28)

2010

4. Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism
   Economics Books, Princeton University Press View citations (204)

2005

5. Explorations in Pragmatic Economics
   OUP Catalogue, Oxford University Press View citations (12)

1984

6. An Economic Theorist's Book of Tales
   Cambridge Books, Cambridge University Press View citations (47)

Edited books

2014

1. What Have We Learned? Macroeconomic Policy After the Crisis, vol 1
   MIT Press Books, The MIT Press View citations (45)

1987

2. Efficiency Wage Models of the Labor Market
   Cambridge Books, Cambridge University Press View citations (8)

Chapters

2011

1. Introduction
   A chapter in Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being, 2011

2010

2. Introduction
   A chapter in Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism, 2010

2002

3. Path dependence, its critics and the quest for 'historical economics'
   Chapter 5 in Market Failure or Success, 2002

1990

4. Do Deferred Wages Eliminate the Need for Involuntary Unemployment as a Worker Discipline Device?
   Palgrave Macmillan View citations (1)