American Economic Review
1969 - 2025
Current editor(s): Esther Duflo From American Economic Association Contact information at EDIRC. Bibliographic data for series maintained by Michael P. Albert (). Access Statistics for this journal.
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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 Angrist
- Momentum Investment Strategies, Portfolio Performance, and Herding: A Study of Mutual Fund Behavior pp. 1088-1105

- Mark Grinblatt, Sheridan Titman and Russell Wermers
- Corporate-Debt Overhang and Macroeconomic Expectations pp. 1106-17

- Owen 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 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 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 Daughety and Jennifer 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 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 Harmon and Ian Walker
- Risk and Saving in Northern Nigeria pp. 1287-1300

- Christopher Udry
- Discouraging Rivals: Managerial Rent-Seeking and Economic Inefficiencies pp. 1301-12

- Aaron Edlin and Joseph Stiglitz
- Unraveling in Guessing Games: An Experimental Study pp. 1313-26

- Rosemarie Nagel
- Consumer Behavior and the Stickiness of Credit-Card Interest Rates pp. 1327-36

- Paul S Calem and Loretta 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 Lewis
- Trade and Transboundary Pollution pp. 716-37

- Brian 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 D 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 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 Robins
- Health-Insurance Availability and the Retirement Decision pp. 938-48

- Jonathan Gruber and Brigitte 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 Rauch
- Making Inequality Comparisons When Lorenz Curves Intersect pp. 980-86

- James 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 Meyer, W 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 Jones and Takao Kato
- Capital Structure and Product-Market Competition: Empirical Evidence from the Supermarket Industry pp. 415-35

- Judith Chevalier
- The Effect of Private Antitrust Litigation on the Stock-Market Valuation of the Firm pp. 436-61

- John M Bizjak and Jeffrey Coles
- An Experimental Investigation of the Patterns of International Trade pp. 462-91

- Charles Noussair, Charles Plott and Raymond Riezman
- Output Dynamics in Real-Business-Cycle Models pp. 492-511

- Timothy Cogley and James 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 Feldstein
- Debt and Seniority: An Analysis of the Role of Hard Claims in Constraining Management pp. 567-85

- Oliver 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 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 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 Feldstein
- The Cost and Financing of Health Care pp. 32-37

- David 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 Chaloupka
- Carcinogen Regulation: Risk Characteristics and the Synthetic Risk Bias pp. 50-54

- W Viscusi
- Wages, Workers' Compensation Benefits, and Drug Use: Indirect Evidence of the Effect of Drugs on Workplace Accidents pp. 55-60

- Robert Kaestner and Michael Grossman
- Risks to Selves, Risks to Others pp. 61-66

- Christopher Avery, S Jody Heymann and Richard Zeckhauser
- Safety at What Price? pp. 67-71

- Walter 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 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 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 I White-Means and Michael C Thornton
- Occupational Mobility and Post-1964 Earnings Gains by Black Women pp. 143-47

- Augustin Fosu
- Nutrition and Health Investment pp. 148-52

- Andrew Foster
- Why Are There Returns to Schooling? pp. 153-58

- Mark 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 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 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 Stiglitz
- The Structuralist Theory of Employment pp. 226-31

- Edmund Phelps
- Employment and the 1990-1991 Minimum-Wage Hike pp. 232-37

- Donald Deere, Kevin Murphy and Finis Welch
- Time-Series Minimum-Wage Studies: A Meta-analysis pp. 238-43

- David Card and Alan 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 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 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 Bordo
- The GATT in Historical Perspective pp. 323-28

- Douglas 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 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 Durden and Larry Ellis
- Does Pedagogy Vary with Class Size in Introductory Economics? pp. 347-51

- John Siegfried and Peter 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 Courant, Edward 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 Chevalier and David S Scharfstein
- Bankruptcy and Pricing Behavior in U.S. Airline Markets pp. 397-402

- Severin Borenstein and Nancy Rose
- Capital Structure and Product-Market Rivalry: How Do We Reconcile Theory and Evidence? pp. 403-08

- Dan Kovenock and Gordon Phillips
- Quality-Adjusted Cost Functions for Child-Care Centers pp. 409-13

- Naci 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 Linz
- Incomplete Contracts and the Governance of Complex Contractual Relationships pp. 432-36

- Nabil I 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 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 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 W Salant
- Capital Mobility in Neoclassical Models of Growth pp. 103-15

- Robert Barro, N. Gregory Mankiw and Xavier Sala-i-Martin
- Early Development pp. 116-33

- Marvin Goodfriend and John McDermott
- The Transition from Barter to Fiat Money pp. 134-49

- Joseph 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 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 Mark
- Monetary Policy Trade-offs and the Correlation between Nominal Interest Rates and Real Output pp. 219-39
- Jeffrey 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 Harrison and 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 Bonham and Richard Cohen
- Testing the Rationality of Price Forecasts: Reply pp. 290
- Michael Keane and David E Runkle
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