American Economic Review

1969 - 2025

Current editor(s): Esther Duflo

From American Economic Association
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Volume 103, issue 7, 2013

Adverse Selection and Inertia in Health Insurance Markets: When Nudging Hurts pp. 2643-82

Benjamin R. Handel

Using Differences in Knowledge across Neighborhoods to Uncover the Impacts of the EITC on Earnings pp. 2683-2721

Raj Chetty, John Friedman and Emmanuel Saez

Intertemporal Price Discrimination in Storable Goods Markets pp. 2722-51

Igal Hendel and Aviv Nevo

Two Perspectives on Preferences and Structural Transformation pp. 2752-89

Berthold Herrendorf, Richard Rogerson and Akos Valentinyi

"Reverse Bayesianism": A Choice-Based Theory of Growing Awareness pp. 2790-2810

Edi Karni and Marie-Louise Vier?

Dynamic Deception pp. 2811-47

Axel Anderson and Lones Smith

Debt Contracts with Partial Commitment pp. 2848-74

Natalia Kovrijnykh

Information and Quality When Motivation Is Intrinsic: Evidence from Surgeon Report Cards pp. 2875-2910

Jonathan T. Kolstad

When Do Secondary Markets Harm Firms? pp. 2911-34

Jiawei Chen, Susanna Esteban and Matthew Shum

Time as a Trade Barrier pp. 2935-59

David Hummels and Georg Schaur

Vertical Integration and Exclusivity in Platform and Two-Sided Markets pp. 2960-3000

Robin Lee

Conclusions Regarding Cross-Group Differences in Happiness Depend on Difficulty of Reaching Respondents pp. 3001-21

Ori Heffetz and Matthew Rabin

The Demand for Youth: Explaining Age Differences in the Volatility of Hours pp. 3022-44

Nir Jaimovich, Seth Pruitt and Henry E. Siu

News, Noise, and Fluctuations: An Empirical Exploration pp. 3045-70

Olivier Blanchard, Jean-Paul L'Huillier and Guido Lorenzoni

Polarization and Ambiguity pp. 3071-83

Sandeep Baliga, Eran Hanany and Peter Klibanoff

Social Preferences under Risk: Equality of Opportunity versus Equality of Outcome pp. 3084-3101

Kota Saito

Taxes, Cigarette Consumption, and Smoking Intensity: Reply pp. 3102-14

Jerome Adda and Francesca Cornaglia

Volume 103, issue 6, 2013

Understanding the Mechanisms through Which an Influential Early Childhood Program Boosted Adult Outcomes pp. 2052-86

James Heckman, Rodrigo Pinto and Peter Savelyev

The Effect of Education on Adult Mortality and Health: Evidence from Britain pp. 2087-2120

Damon Clark and Heather Royer

The China Syndrome: Local Labor Market Effects of Import Competition in the United States pp. 2121-68

David Autor, David Dorn and Gordon Hanson

Trade Liberalization and Embedded Institutional Reform: Evidence from Chinese Exporters pp. 2169-95

Amit Khandelwal, Peter K. Schott and Shang-Jin Wei

Does the Classic Microfinance Model Discourage Entrepreneurship among the Poor? Experimental Evidence from India pp. 2196-2226

Erica Field, Rohini Pande, John Papp and Natalia Rigol

How the West "Invented" Fertility Restriction pp. 2227-64

Nico Voigtl?nder and Hans-Joachim Voth

Identifying Supply and Demand Elasticities of Agricultural Commodities: Implications for the US Ethanol Mandate pp. 2265-95

Michael Roberts and Wolfram Schlenker

Urban Accounting and Welfare pp. 2296-2327

Klaus Desmet and Esteban Rossi-Hansberg

Managing Conflicts in Relational Contracts pp. 2328-51

Jin Li and Niko Matouschek

The Cost of Contract Renegotiation: Evidence from the Local Public Sector pp. 2352-83

Philippe Gagnepain, Marc Ivaldi and David Martimort

Competition with Exclusive Contracts and Market-Share Discounts pp. 2384-2411

Giacomo Calzolari and Vincenzo Denicol?

Spontaneous Discrimination pp. 2412-36

Marcin P?ski and Bal?zs Szentes

Incarceration and Incapacitation: Evidence from the 2006 Italian Collective Pardon pp. 2437-65

Paolo Buonanno and Steven Raphael

Word-of-Mouth Communication and Percolation in Social Networks pp. 2466-98

Arthur Campbell

The Nature of Risk Preferences: Evidence from Insurance Choices pp. 2499-2529

Levon Barseghyan, Francesca Molinari, Ted O'Donoghue and Joshua Teitelbaum

Consumer Spending and the Economic Stimulus Payments of 2008 pp. 2530-53

Jonathan Parker, Nicholas S. Souleles, David S. Johnson and Robert McClelland

Trading Away Wide Brands for Cheap Brands pp. 2554-84

Swati Dhingra

Surplus Maximization and Optimality pp. 2585-2611

Edward E. Schlee

News Shocks and the Slope of the Term Structure of Interest Rates pp. 2612-32

André Kurmann and Christopher Otrok

Do We Follow Others When We Should? A Simple Test of Rational Expectations: Comment pp. 2633-42

Anthony Ziegelmeyer, Christoph March and Sebastian Kr?gel

Volume 103, issue 5, 2013

The Growth of Low-Skill Service Jobs and the Polarization of the US Labor Market pp. 1553-97

David Autor and David Dorn

Ownership Consolidation and Product Characteristics: A Study of the US Daily Newspaper Market pp. 1598-1628

Ying Fan

Trade, Tastes, and Nutrition in India pp. 1629-63

David Atkin

Time Use during the Great Recession pp. 1664-96

Mark Aguiar, Erik Hurst and Loukas Karabarbounis

The Great Diversification and Its Undoing pp. 1697-1727

Vasco Carvalho and Xavier Gabaix

Asset Prices and Institutional Investors pp. 1728-58

Suleyman Basak and Anna Pavlova

The Political Resource Curse pp. 1759-96

Fernanda Brollo, Tommaso Nannicini, Roberto Perotti and Guido Tabellini

Does Disability Insurance Receipt Discourage Work? Using Examiner Assignment to Estimate Causal Effects of SSDI Receipt pp. 1797-1829

Nicole Maestas, Kathleen Mullen and Alexander Strand

When Should Sellers Use Auctions? pp. 1830-61

James W. Roberts and Andrew Sweeting

Early Life Health Interventions and Academic Achievement pp. 1862-91

Prashant Bharadwaj, Katrine Vellesen L?ken and Christopher Neilson

Taxation and International Migration of Superstars: Evidence from the European Football Market pp. 1892-1924

Henrik Jacobsen Kleven, Camille Landais and Emmanuel Saez

Immigration, Offshoring, and American Jobs pp. 1925-59

Gianmarco Ottaviano, Giovanni Peri and Greg Wright

Regional Effects of Trade Reform: What Is the Correct Measure of Liberalization? pp. 1960-76

Brian Kovak

Limited Life Expectancy, Human Capital and Health Investments pp. 1977-2002

Emily Oster, Ira Shoulson and E. Ray Dorsey

Intergenerational Occupational Mobility in Great Britain and the United States since 1850: Comment pp. 2003-20

Yu Xie and Alexandra Killewald

Intergenerational Occupational Mobility in Great Britain and the United States since 1850: Comment pp. 2021-40

Michael Hout and Avery M. Guest

Intergenerational Occupational Mobility in Great Britain and the United States since 1850: Reply pp. 2041-49

Jason Long and Joseph Ferrie

Matching with Contracts: Comment pp. 2050-51

Orhan Ayg?n and Tayfun S?nmez

Volume 103, issue 4, 2013

Intergenerational Occupational Mobility in Great Britain and the United States since 1850 pp. 1109-37

Jason Long and Joseph Ferrie

Why Don't the Poor Save More? Evidence from Health Savings Experiments pp. 1138-71

Pascaline Dupas and Jonathan Robinson

Unconventional Fiscal Policy at the Zero Bound pp. 1172-1211

Isabel Correia, Emmanuel Farhi, Juan Pablo Nicolini and Pedro Teles

The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States pp. 1212-47

Karel Mertens and Morten Ravn

A Theory of Strategic Voting in Runoff Elections pp. 1248-88

Laurent Bouton

Going to a Better School: Effects and Behavioral Responses pp. 1289-1324

Cristian Pop-Eleches and Miguel Urquiola

The Lure of Authority: Motivation and Incentive Effects of Power pp. 1325-59

Ernst Fehr, Holger Herz and Tom Wilkening

Preferences and Incentives of Appointed and Elected Public Officials: Evidence from State Trial Court Judges pp. 1360-97

Claire S. H. Lim

Just Luck: An Experimental Study of Risk-Taking and Fairness pp. 1398-1413

Alexander Cappelen, James Konow, Erik ?. S?rensen and Bertil Tungodden

The Gravity of Knowledge pp. 1414-44

Wolfgang Keller and Stephen Yeaple

Nonconvexities, Retirement, and the Elasticity of Labor Supply pp. 1445-62

Richard Rogerson and Johanna Wallenius

Lemons Markets and the Transmission of Aggregate Shocks pp. 1463-89

Pablo Kurlat

Placebo Reforms pp. 1490-1506

Ran Spiegler

Discretionary Tax Changes and the Macroeconomy: New Narrative Evidence from the United Kingdom pp. 1507-28

James Cloyne

Even (Mixed) Risk Lovers Are Prudent pp. 1529-35

David Crainich, Louis Eeckhoudt and Alain Trannoy

Even (Mixed) Risk Lovers Are Prudent: Comment pp. 1536-37

Sebastian Ebert

Investment Behavior, Observable Expectations, and Internal Funds: Corrigendum pp. 1538-39

Jason G. Cummins, Kevin A. Hassett and Stephen D. Oliner

Volume 103, issue 3, 2013

President's Foreword pp. xi-xii

Claudia Goldin

Editor's Introduction pp. xiii-xiv

William Johnson and Samantha Bennett

A Nation of Gamblers: Real Estate Speculation and American History pp. 1-42

Edward L. Glaeser

Glass-Steagall: A Requiem pp. 43-47

Robert Lucas

Shifting Mandates: The Federal Reserve's First Centennial pp. 48-54

Carmen Reinhart and Kenneth Rogoff

The Most Dangerous Idea in Federal Reserve History: Monetary Policy Doesn't Matter pp. 55-60

Christina D. Romer and David Romer

Not Just the Great Contraction: Friedman and Schwartz's A Monetary History of the United States 1867 to 1960 pp. 61-65

Michael Bordo and Hugh Rockoff

The Missing Transmission Mechanism in the Monetary Explanation of the Great Depression pp. 66-72

Christina D. Romer and David Romer

Shadowy Banks and Financial Contagion during the Great Depression: A Retrospective on Friedman and Schwartz pp. 73-78

Kris James Mitchener and Gary Richardson

Married to Intolerance: Attitudes toward Intermarriage in Germany, 1900-2006 pp. 79-85

Nico Voigtländer and Hans-Joachim Voth

The Transmission of Democracy: From the Village to the Nation-State pp. 86-92

Paola Giuliano and Nathan Nunn

The Persistence of Inferior Cultural-Institutional Conventions pp. 93-98

Marianna Belloc and Samuel Bowles

Cyclical Variation in Labor Hours and Productivity Using the ATUS pp. 99-104

Michael Burda, Daniel S. Hamermesh and Jay Stewart

Comparisons of Weekly Hours over the Past Century and the Importance of Work-Sharing Policies in the 1930s pp. 105-10

Todd C. Neumann, Jason E. Taylor and Price Fishback

The Life-Cycle Profile of Time Spent on Job Search pp. 111-16

Mark Aguiar, Erik Hurst and Loukas Karabarbounis

Growth Forecast Errors and Fiscal Multipliers pp. 117-20

Olivier Blanchard and Daniel Leigh

Using State Pension Shocks to Estimate Fiscal Multipliers since the Great Recession pp. 121-24

Daniel Shoag

How Much Would US Style Fiscal Integration Buffer European Unemployment and Income Shocks? (A Comparative Empirical Analysis) pp. 125-28

James Feyrer and Bruce Sacerdote

Are Government Spending Multipliers Greater during Periods of Slack? Evidence from Twentieth-Century Historical Data pp. 129-34

Michael Owyang, Valerie Ramey and Sarah Zubairy

The Mystique Surrounding the Central Bank's Balance Sheet, Applied to the European Crisis pp. 135-40

Ricardo Reis

Output Spillovers from Fiscal Policy pp. 141-46

Alan Auerbach and Yuriy Gorodnichenko

Forecasting the Recovery from the Great Recession: Is This Time Different? pp. 147-52

Kathryn Dominguez and Matthew D. Shapiro

Extreme Wage Inequality: Pay at the Very Top pp. 153-57

Brian Bell and John van Reenen

Family, Education, and Sources of Wealth among the Richest Americans, 1982-2012 pp. 158-62

Steven Kaplan and Joshua D. Rauh

Bailouts and the Optimal Taxation of Bonus Pay pp. 163-67

Timothy Besley and Maitreesh Ghatak

Income Inequality, Mobility, and Turnover at the Top in the US, 1987-2010 pp. 168-72

Gerald Auten, Geoffrey Gee and Nick Turner

Deconstructing Income and Income Inequality Measures: A Crosswalk from Market Income to Comprehensive Income pp. 173-77

Philip Armour, Richard Burkhauser and Jeff Larrimore

Consumption and Income Inequality and the Great Recession pp. 178-83

Bruce Meyer and James X. Sullivan

Measuring the Trends in Inequality of Individuals and Families: Income and Consumption pp. 184-88

Jonathan Fisher, David S. Johnson and Timothy M. Smeeding

The Scale and Selectivity of Foreign-Born PhD Recipients in the US pp. 189-92

Jeffrey Grogger and Gordon Hanson

Immigration and Employer Transitions for STEM Workers pp. 193-97

Sari Pekkala Kerr and William Kerr

Why Do Programmers Earn More in Houston Than Hyderabad? Evidence from Randomized Processing of US Visas pp. 198-202

Michael Clemens

Pathways to Adjustment: The Case of Information Technology Workers pp. 203-07

John Bound, Breno Braga, Joseph M. Golden and Sarah Turner

A Trapped-Factors Model of Innovation pp. 208-13

Nicholas Bloom, Paul Romer, Stephen Terry and John van Reenen

Sources of Wage Inequality pp. 214-19

Anders Akerman, Elhanan Helpman, Oleg Itskhoki, Marc-Andreas Muendler and Stephen Redding

The Geography of Trade and Technology Shocks in the United States pp. 220-25

David Autor, David Dorn and Gordon Hanson

Long-Term Neighborhood Effects on Low-Income Families: Evidence from Moving to Opportunity pp. 226-31

Jens Ludwig, Greg Duncan, Lisa A. Gennetian, Lawrence Katz, Ronald C. Kessler, Jeffrey Kling and Lisa Sanbonmatsu

Achieving Escape Velocity: Neighborhood and School Interventions to Reduce Persistent Inequality pp. 232-37

Roland G. Fryer and Lawrence Katz

Place Based Policies with Unemployment pp. 238-43

Patrick Kline and Enrico Moretti

Career, Family, and the Well-Being of College-Educated Women pp. 244-50

Marianne Bertrand

Female Labor Supply: Why Is the United States Falling Behind? pp. 251-56

Francine Blau and Lawrence Kahn

Shocking Labor Supply: A Reassessment of the Role of World War II on Women's Labor Supply pp. 257-62

Claudia Goldin and Claudia Olivetti

Is Ignorance Bliss? The Effect of Asymmetric Information between Spouses on Intra-household Allocations pp. 263-68

Carolina Castilla and Thomas Walker

Trade Liberalization and Gender Inequality pp. 269-73

Chinhui Juhn, Gergely Ujhelyi and Carolina Villegas-Sanchez

Sexual Violence against Women and Labor Market Outcomes pp. 274-78

Joseph J. Sabia, Angela Dills and Jeffrey DeSimone

The Effects of School Calendar Type on Maternal Employment across Racial Groups: A Story of Child Care Availability pp. 279-83

Jennifer Graves

The Impact of Crime and Insecurity on Trust in Democracy and Institutions pp. 284-88

Luisa Blanco and Isabel Ruiz

Earnings Inequality and the Intersectionality of Gender and Ethnicity in Sub-Saharan Africa: The Case of Tanzanian Manufacturing pp. 289-92

Juliet U. Elu and Linda Loubert

Access to Credit by Firms in Sub-Saharan Africa: How Relevant Is Gender? pp. 293-97

Elizabeth Asiedu, Isaac Kanyama, Leonce Ndikumana and Akwasi Nti-Addae

Fidelity Networks and Long-Run Trends in HIV/AIDS Gender Gaps pp. 298-302

Roland Pongou and Roberto Serrano

The Informational Role of Voluntary Certification: Evidence from the Mexican Clean Industry Program pp. 303-08

Andrew D. Foster and Emilio Gutierrez

Liquidity Constraints and Deforestation: The Limitations of Payments for Ecosystem Services pp. 309-13

Seema Jayachandran

What Does Reputation Buy? Differentiation in a Market for Third-Party Auditors pp. 314-19

Esther Duflo, Michael Greenstone, Rohini Pande and Nicholas Ryan

A Numerical Investigation of the Potential for Negative Emissions Leakage pp. 320-25

Niven Winchester and Sebastian Rausch

Linking Numerical and Analytical Models of Carbon Leakage pp. 326-31

Jared Carbone

Leakage, Welfare, and Cost-Effectiveness of Carbon Policy pp. 332-37

Kathy Baylis, Don Fullerton and Daniel H. Karney

Natural Gas: From Shortages to Abundance in the United States pp. 338-43

Paul Joskow

Transportation Fuels Policy since the OPEC Embargo: Paved with Good Intentions pp. 344-49

Christopher Knittel

Efficient Retail Pricing in Electricity and Natural Gas Markets pp. 350-55

Steven Puller and Jeremy West

Transaction Networks: Evidence from Mobile Money in Kenya pp. 356-61

William Jack, Adam Ray and Tavneet Suri

Behavioral Biases and Firm Behavior: Evidence from Kenyan Retail Shops pp. 362-68

Michael Kremer, Jean Lee, Jonathan Robinson and Olga Rostapshova

The Home Economics of E-Money: Velocity, Cash Management, and Discount Rates of M-Pesa Users pp. 369-74

Isaac Mbiti and David Weil

Informal Risk Sharing, Index Insurance, and Risk Taking in Developing Countries pp. 375-80

Ahmed Mobarak and Mark Rosenzweig

Profitability of Fertilizer: Experimental Evidence from Female Rice Farmers in Mali pp. 381-86

Lori Beaman, Dean Karlan, Bram Thuysbaert and Christopher Udry

Deposit Collecting: Unbundling the Role of Frequency, Salience, and Habit Formation in Generating Savings pp. 387-92

Suresh de Mel, Craig McIntosh and Christopher Woodruff

Benefit-Cost Analysis for Financial Regulation pp. 393-97

Eric Posner and Eric Weyl

Financial Innovation and Portfolio Risks pp. 398-401

Alp Simsek

Reflections on Finance and the Good Society pp. 402-05

Robert J. Shiller

Can Financial Engineering Cure Cancer? pp. 406-11

David E. Fagnan, Jose Maria Fernandez, Andrew Lo and Roger M. Stein

Health Care Usage and Health Status of Immigrant Children: The Effects of Nativity versus Citizenship pp. 412-17

Mónica García-Pérez

The Effects of Job Corps Training on Wages of Adolescents and Young Adults pp. 418-22

German Blanco, Carlos A. Flores and Alfonso Flores-Lagunes

The Poverty Gap in School Spending Following the Introduction of Title I pp. 423-27

Elizabeth Cascio and Sarah Reber

Achieving the DREAM: The Effect of IRCA on Immigrant Youth Postsecondary Educational Access pp. 428-32

Kalena E. Cortes

HIV Risk and Adolescent Behaviors in Africa pp. 433-38

Anne Case and Christina Paxson

Learning from Others' HIV Testing: Updating Beliefs and Responding to Risk pp. 439-44

Susan Godlonton and Rebecca Thornton

Do Sex Workers Respond to Disease? Evidence from the Male Market for Sex pp. 445-50

Manisha Shah

Inheritances, Intergenerational Transfers, and the Accumulation of Health pp. 451-55

Katherine Carman

Adult Antiretroviral Therapy and Child Health: Evidence from Scale-Up in Zambia pp. 456-61

Adrienne Lucas and Nicholas Wilson

SSI for Disabled Immigrants: Why Do Ethnic Networks Matter? pp. 462-66

Delia Furtado and Nikolaos Theodoropoulos

Boys' Cognitive Skill Formation and Physical Growth: Long-Term Experimental Evidence on Critical Ages for Early Childhood Interventions pp. 467-71

Tania Barham, Karen Macours and John Maluccio

Incentive Effects of Inheritances and Optimal Estate Taxation pp. 472-77

Wojciech Kopczuk

The Estate Tax and Inter Vivos Transfers over Time pp. 478-83

Kathleen McGarry

Income and Substitution Effects of Estate Taxation pp. 484-88

James R. Hines

Estate Taxation with Altruism Heterogeneity pp. 489-95

Emmanuel Farhi and Iván Werning

Optimal Progressive Labor Income Taxation and Education Subsidies When Education Decisions and Intergenerational Transfers Are Endogenous pp. 496-501

Dirk Krueger and Alexander Ludwig

Optimal Pension Systems with Simple Instruments pp. 502-07

Mikhail Golosov, Ali Shourideh, Maxim Troshkin and Aleh Tsyvinski

Some Basic Economics of National Security pp. 508-11

Kevin M. Murphy and Robert H. Topel

Modest, Secure, and Informed: Successful Development in Conflict Zones pp. 512-17

Eli Berman, Joseph H. Felter, Jacob N. Shapiro and Erin Troland

Insurgent Compensation: Evidence from Iraq pp. 518-22

Benjamin W. Bahney, Radha K. Iyengar, Patrick B. Johnston, Danielle F. Jung, Jacob N. Shapiro and Howard J. Shatz

An Analysis of Economic Warfare pp. 523-27

Jeffrey Clemens

Genetic Diversity and the Origins of Cultural Fragmentation pp. 528-33

Quamrul Ashraf and Oded Galor

Social Organizations, Violence, and Modern Growth pp. 534-38

Avner Greif and Murat Iyigun

Not the Opium of the People: Income and Secularization in a Panel of Prussian Counties pp. 539-44

Sascha Becker and Ludger Woessmann

From Stagnation to Sustained Growth: The Role of Female Empowerment pp. 545-49

Claude Diebolt and Faustine Perrin

Nonparametric Instrumental Variables Estimation pp. 550-56

Whitney Newey

What Do Instrumental Variable Models Deliver with Discrete Dependent Variables? pp. 557-62

Andrew Chesher and Adam Rosen

Control Functions and Simultaneous Equations Methods pp. 563-69

Richard Blundell, Dennis Kristensen and Rosa Matzkin

What Goes Up Must Come Down? Experimental Evidence on Intuitive Forecasting pp. 570-74

John Beshears, James Choi, Andreas Fuster, David Laibson and Brigitte Madrian

Estimating the Effect of Salience in Wholesale and Retail Car Markets pp. 575-79

Meghan R. Busse, Nicola Lacetera, Devin Pope, Jorge Silva-Risso and Justin R. Sydnor

Distinguishing Probability Weighting from Risk Misperceptions in Field Data pp. 580-85

Levon Barseghyan, Francesca Molinari, Ted O'Donoghue and Joshua Teitelbaum

The Importance of Being Marginal: Gender Differences in Generosity pp. 586-90

Stefano DellaVigna, John List, Ulrike Malmendier and Gautam Rao

Two Happiness Puzzles pp. 591-97

Angus Deaton and Arthur A. Stone

Subjective Well-Being and Income: Is There Any Evidence of Satiation? pp. 598-604

Betsey Stevenson and Justin Wolfers

Aggregating Local Preferences to Guide Marginal Policy Adjustments pp. 605-10

Daniel Benjamin, Ori Heffetz, Miles Kimball and Nichole Szembrot

The Psychology of Tail Events: Progress and Challenges pp. 611-16

Nicholas Barberis

An Approach to Incorporating Psychology into Economics pp. 617-22

Matthew Rabin

Salience and Asset Prices pp. 623-28

Pedro Bordalo, Nicola Gennaioli and Andrei Shleifer

Views among Economists: Professional Consensus or Point-Counterpoint? pp. 629-35

Roger Gordon and Gordon Dahl

Economic Experts versus Average Americans pp. 636-42

Paola Sapienza and Luigi Zingales

Course Requirements for Bachelor's Degrees in Economics pp. 643-47

William Bosshardt, Michael Watts and William Becker

One Essay on Dissertation Formats in Economics pp. 648-53

Wendy A. Stock and John Siegfried

How Economists Allocate Time to Teaching and Research pp. 654-58

Sam Allgood and William B. Walstad

Economic Understanding in US High School Courses pp. 659-63

William B. Walstad

Minutes of the Annual Business Meeting: San Diego, CA, January 5, 2013 pp. 667-68

Peter Rousseau

Report of the Secretary pp. 669-72

Peter Rousseau

Report of the Treasurer pp. 673-77

Peter Rousseau

American Economic Association Universal Academic Questionnaire Summary Statistics pp. 678-82

Charles E. Scott and John Siegfried

List of Online Reports pp. 683-683

Peter Rousseau

Minutes of the Meeting of the Executive Committee: Chicago, IL, April 27, 2012 pp. 685-91

John Siegfried

Minutes of the Meeting of the Executive Committee: San Diego, CA, January 3, 2013 pp. 692-700

Peter Rousseau

Report of the Editor: American Economic Review pp. 701-12

Pinelopi Goldberg

Report of the Editor: Journal of Economic Literature pp. 713-15

Janet Currie

Report of the Editor: Journal of Economic Perspectives pp. 716-18

David Autor

Report of the Editor: American Economic Journal: Applied Economics pp. 719-22

Esther Duflo

Report of the Editor: American Economic Journal: Economic Policy pp. 723-26

Alan Auerbach

Report of the Editor: American Economic Journal: Macroeconomics pp. 727-31

John Leahy

Report of the Editor: American Economic Journal: Microeconomics pp. 732-34

Andrew Postlewaite

Report of the Director: Job Openings for Economists pp. 735-37

John Siegfried

Report: Committee on Economic Education pp. 738-43

Sam Allgood

Report: Committee on the Status of Women in the Economics Profession pp. 744-55

Marjorie B. McElroy

Report: Committee on the Status of Minority Groups in the Economics Profession pp. 756-66

Cecilia Rouse

Report: American Economic Association Committee on Statistics pp. 767-68

Robert Feenstra

Report: Committee on Government Relations pp. 769-71

Robert Moffitt

Report: Ad Hoc Committee on Criterion for the John Bates Clark Medal pp. 772-73

Jonathan Gruber, Christina Paxson, Valerie Ramey and Michael Woodford

Report: Ad Hoc Search Committee for the Editor of the American Economic Journal: Economic Policy pp. 774-774

David Cutler, Amy Finkelstein, Adriana Lleras-Muney, James Poterba, David Romer and Robert Shimer

Report: Ad Hoc Search Committee for the Editor of the Journal of Economic Literature pp. 775-775

Anil Kashyap

Volume 103, issue 2, 2013

Paper Money pp. 563-84

Christopher A. Sims

Designing Random Allocation Mechanisms: Theory and Applications pp. 585-623

Eric Budish, Yeon-Koo Che, Fuhito Kojima and Paul Milgrom

Inferring Strategic Voting pp. 624-62

Kei Kawai and Yasutora Watanabe

Dynamic Matching and Bargaining Games: A General Approach pp. 663-89

Stephan Lauermann

The Effect of Language on Economic Behavior: Evidence from Savings Rates, Health Behaviors, and Retirement Assets pp. 690-731

M. Keith Chen

Intermediary Asset Pricing pp. 732-70

Zhiguo He and Arvind Krishnamurthy

Job Selection and Wages over the Business Cycle pp. 771-803

Marcus Hagedorn and Iourii Manovskii

Optimal Expectations and Limited Medical Testing: Evidence from Huntington Disease pp. 804-30

Emily Oster, Ira Shoulson and E. Ray Dorsey

Public Monopoly and Economic Efficiency: Evidence from the Pennsylvania Liquor Control Board's Entry Decisions pp. 831-62

Katja Seim and Joel Waldfogel

Commercial Imperialism? Political Influence and Trade during the Cold War pp. 863-96

Daniel Berger, William Easterly, Nathan Nunn and Shanker Satyanath

Assessing the Incidence and Efficiency of a Prominent Place Based Policy pp. 897-947

Matias Busso, Jesse Gregory and Patrick Kline

Selection, Agriculture, and Cross-Country Productivity Differences pp. 948-80

David Lagakos and Michael Waugh

Testing for Racial Differences in the Mental Ability of Young Children pp. 981-1005

Roland G. Fryer and Steven Levitt

Merger Policy with Merger Choice pp. 1006-33

Volker Nocke and Michael Whinston

Inferior Good and Giffen Behavior for Investing and Borrowing pp. 1034-53

Felix Kubler, Larry Selden and Xiao Wei

Misclassification Errors and the Underestimation of the US Unemployment Rate pp. 1054-70

Shuaizhang Feng and Yingyao Hu

Self-Enforcing Trade Agreements: Evidence from Time-Varying Trade Policy pp. 1071-90

Chad Bown and Meredith Crowley

A Theory of Charitable Fund-Raising with Costly Solicitations pp. 1091-1107

Alvaro J. Name-Correa and Huseyin Yildirim

Volume 103, issue 1, 2013

The 'Out of Africa' Hypothesis, Human Genetic Diversity, and Comparative Economic Development pp. 1-46

Quamrul Ashraf and Oded Galor

Pandering to Persuade pp. 47-79

Yeon-Koo Che, Wouter Dessein and Navin Kartik

School Admissions Reform in Chicago and England: Comparing Mechanisms by Their Vulnerability to Manipulation pp. 80-106

Parag Pathak and Tayfun Sönmez

Coercive Contract Enforcement: Law and the Labor Market in Nineteenth Century Industrial Britain pp. 107-44

Suresh Naidu and Noam Yuchtman

Price Discrimination and Bargaining: Empirical Evidence from Medical Devices pp. 145-77

Matthew Grennan

Selection on Moral Hazard in Health Insurance pp. 178-219

Liran Einav, Amy Finkelstein, Stephen Ryan, Paul Schrimpf and Mark R. Cullen

Are Consumers Myopic? Evidence from New and Used Car Purchases pp. 220-56

Meghan R. Busse, Christopher Knittel and Florian Zettelmeyer

The Impact of Medical Liability Standards on Regional Variations in Physician Behavior: Evidence from the Adoption of National-Standard Rules pp. 257-76

Michael Frakes

Innovation and Institutional Ownership pp. 277-304

Philippe Aghion, John van Reenen and Luigi Zingales

Cross-Country Differences in Productivity: The Role of Allocation and Selection pp. 305-34

Eric Bartelsman, John Haltiwanger and Stefano Scarpetta

Making Sense of Nonbinding Retail-Price Recommendations pp. 335-59

Stefan Buehler and Dennis Gärtner

Entropy and the Value of Information for Investors pp. 360-77

Antonio Cabrales, Olivier Gossner and Roberto Serrano

Technological Diversification pp. 378-414

Miklós Koren and Silvana Tenreyro

Dictating the Risk: Experimental Evidence on Giving in Risky Environments pp. 415-37

J. Michelle Brock, Andreas Lange and Erkut Ozbay

Children's Resources in Collective Households: Identification, Estimation, and an Application to Child Poverty in Malawi pp. 438-71

Geoffrey Dunbar, Arthur Lewbel and Krishna Pendakur

Cultural Change as Learning: The Evolution of Female Labor Force Participation over a Century pp. 472-500

Raquel Fernández

Submission Fees and Response Times in Academic Publishing pp. 501-09

Christopher Cotton

Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior pp. 510-31

Matthias Sutter, Martin Kocher, Daniela Glätzle-Rützler and Stefan Trautmann

Preferences for Truthfulness: Heterogeneity among and within Individuals pp. 532-48

Rajna Gibson, Carmen Tanner and Alexander Wagner

Fairness and Redistribution: Comment pp. 549-53

Rafael Di Tella and Juan Dubra

Fairness and Redistribution: Reply pp. 554-61

Alberto Alesina, George-Marios Angeletos and Guido Cozzi