American Economic Review

1969 - 2025

Current editor(s): Esther Duflo

From American Economic Association
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Volume 110, issue 12, 2020

Competition and Entry in Agricultural Markets: Experimental Evidence from Kenya pp. 3705-47

Lauren Falcao Bergquist and Michael Dinerstein

Discounts and Deadlines in Consumer Search pp. 3748-85

Dominic Coey, Bradley Larsen and Brennan Platt

A Model of Competing Narratives pp. 3786-3816

Kfir Eliaz and Ran Spiegler

A Few Bad Apples Spoil the Barrel: An Anti-folk Theorem for Anonymous Repeated Games with Incomplete Information pp. 3817-35

Takuo Sugaya and Alexander Wolitzky

Screening and Selection: The Case of Mammograms pp. 3836-70

Liran Einav, Amy Finkelstein, Tamar Oostrom, Abigail Ostriker and Heidi Williams

Missing Events in Event Studies: Identifying the Effects of Partially Measured News Surprises pp. 3871-3912

Refet S. Gürkaynak, Burçin Kısacıkoğlu and Jonathan Wright

What Makes a Rule Complex? pp. 3913-51

Ryan Oprea

Changing Business Dynamism and Productivity: Shocks versus Responsiveness pp. 3952-90

Ryan A. Decker, John Haltiwanger, Ron Jarmin and Javier Miranda

Detecting Potential Overbilling in Medicare Reimbursement via Hours Worked: Comment pp. 3991-4003

Brett Matsumoto

Detecting Potential Overbilling in Medicare Reimbursement via Hours Worked: Reply pp. 4004-10

Hanming Fang and Qing Gong

Volume 110, issue 11, 2020

Seasonal Liquidity, Rural Labor Markets, and Agricultural Production pp. 3351-92

Günther Fink, B. Kelsey Jack and Felix Masiye

Arrival of Young Talent: The Send-Down Movement and Rural Education in China pp. 3393-3430

Yi Chen, Ziying Fan, Xiaomin Gu and Li-An Zhou

Does Information Break the Political Resource Curse? Experimental Evidence from Mozambique pp. 3431-53

Alex Armand, Alexander Coutts, Pedro Vicente and Inês Vilela

Devotion and Development: Religiosity, Education, and Economic Progress in Nineteenth-Century France pp. 3454-91

Mara P. Squicciarini

Gambling over Public Opinion pp. 3492-3521

Deepal Basak and Joyee Deb

From Extreme to Mainstream: The Erosion of Social Norms pp. 3522-48

Leonardo Bursztyn, Georgy Egorov and Stefano Fiorin

Small and Large Firms over the Business Cycle pp. 3549-3601

Nicolas Crouzet and Neil R. Mehrotra

Does When You Die Depend on Where You Live? Evidence from Hurricane Katrina pp. 3602-33

Tatyana Deryugina and David Molitor

Methods Matter: p-Hacking and Publication Bias in Causal Analysis in Economics pp. 3634-60

Abel Brodeur, Nikolai Cook and Anthony Heyes

How Well Targeted Are Soda Taxes? pp. 3661-3704

Pierre Dubois, Rachel Griffith and Martin O'Connell

Volume 110, issue 10, 2020

Misperceived Social Norms: Women Working Outside the Home in Saudi Arabia pp. 2997-3029

Leonardo Bursztyn, Alessandra L. González and David Yanagizawa-Drott

Business-Cycle Anatomy pp. 3030-70

George-Marios Angeletos, Fabrice Collard and Harris Dellas

Patronage and Selection in Public Sector Organizations pp. 3071-99

Emanuele Colonnelli, Mounu Prem and Edoardo Teso

Liquidity versus Wealth in Household Debt Obligations: Evidence from Housing Policy in the Great Recession pp. 3100-3138

Peter Ganong and Pascal Noel

Importing Political Polarization? The Electoral Consequences of Rising Trade Exposure pp. 3139-83

David Autor, David Dorn, Gordon Hanson and Kaveh Majlesi

Sources of Inaction in Household Finance: Evidence from the Danish Mortgage Market pp. 3184-3230

Steffen Andersen, John Campbell, Kasper Meisner Nielsen and Tarun Ramadorai

Sources of Displaced Workers' Long-Term Earnings Losses pp. 3231-66

Marta Lachowska, Alexandre Mas and Stephen Woodbury

Artificial Intelligence, Algorithmic Pricing, and Collusion pp. 3267-97

Emilio Calvano, Giacomo Calzolari, Vincenzo Denicolò and Sergio Pastorello

Voter Turnout with Peer Punishment pp. 3298-3314

David Levine and Andrea Mattozzi

Upping the Ante: The Equilibrium Effects of Unconditional Grants to Private Schools pp. 3315-49

Tahir Andrabi, Jishnu Das, Asim I. Khwaja, Selcuk Ozyurt and Niharika Singh

Volume 110, issue 9, 2020

Household Debt Revaluation and the Real Economy: Evidence from a Foreign Currency Debt Crisis pp. 2667-2702

Emil Verner and Gyozo Gyongyosi

Rich Pickings? Risk, Return, and Skill in Household Wealth pp. 2703-47

Laurent Bach, Laurent Calvet and Paolo Sodini

Overreaction in Macroeconomic Expectations pp. 2748-82

Pedro Bordalo, Nicola Gennaioli, Yueran Ma and Andrei Shleifer

Self-Fulfilling Debt Dilution: Maturity and Multiplicity in Debt Models pp. 2783-2818

Mark Aguiar and Manuel Amador

Nonrivalry and the Economics of Data pp. 2819-58

Charles Jones and Christopher Tonetti

An Estimated Structural Model of Entrepreneurial Behavior pp. 2859-98

John Jones and Sangeeta Pratap

Policy Language and Information Effects in the Early Days of Federal Reserve Forward Guidance pp. 2899-2934

Kurt Lunsford

Job Matching under Constraints pp. 2935-47

Fuhito Kojima, Ning Sun and Ning Neil Yu

Ultimatum Bargaining with Rational Inattention pp. 2948-63

Doron Ravid

Two-Way Fixed Effects Estimators with Heterogeneous Treatment Effects pp. 2964-96

Clément de Chaisemartin and Xavier D'Haultfoeuille

Volume 110, issue 8, 2020

A Behavioral New Keynesian Model pp. 2271-2327

Xavier Gabaix

Multidimensional Skills, Sorting, and Human Capital Accumulation pp. 2328-76

Jeremy Lise and Fabien Postel-Vinay

Cities in Bad Shape: Urban Geometry in India pp. 2377-2421

Mariaflavia Harari

Subsidy Policies and Insurance Demand pp. 2422-53

Jing Cai, Alain de Janvry and Elisabeth Sadoulet

Using Aggregated Relational Data to Feasibly Identify Network Structure without Network Data pp. 2454-84

Emily Breza, Arun G. Chandrasekhar, Tyler H. McCormick and Mengjie Pan

Long-Run Growth of Financial Data Technology pp. 2485-2523

Maryam Farboodi and Laura Veldkamp

Financial Crises, Dollarization, and Lending of Last Resort in Open Economies pp. 2524-57

Luigi Bocola and Guido Lorenzoni

Escalation of Scrutiny: The Gains from Dynamic Enforcement of Environmental Regulations pp. 2558-85

Wesley Blundell, Gautam Gowrisankaran and Ashley Langer

Bartik Instruments: What, When, Why, and How pp. 2586-2624

Paul Goldsmith-Pinkham, Isaac Sorkin and Henry Swift

Stability and Bayesian Consistency in Two-Sided Markets pp. 2625-66

Qingmin Liu

Volume 110, issue 7, 2020

Field Experiments and the Practice of Economics pp. 1937-51

Abhijit Banerjee

Field Experiments and the Practice of Policy pp. 1952-73

Esther Duflo

Experimentation, Innovation, and Economics pp. 1974-94

Michael Kremer

Risk Premia and the Real Effects of Money pp. 1995-2040

Sebastian Di Tella

The Competitive Impact of Vertical Integration by Multiproduct Firms pp. 2041-64

Fernando Luco and Guillermo Marshall

Tax-Exempt Lobbying: Corporate Philanthropy as a Tool for Political Influence pp. 2065-2102

Marianne Bertrand, Matilde Bombardini, Raymond Fisman and Francesco Trebbi

The Production Relocation and Price Effects of US Trade Policy: The Case of Washing Machines pp. 2103-27

Aaron Flaaen, Ali Hortaçsu and Felix Tintelnot

Acquiring Information through Peers pp. 2128-52

Bernard Herskovic and João Ramos

Relational Contracting, Negotiation, and External Enforcement pp. 2153-97

Joel Watson, David A. Miller and Trond Olsen

Incentivized Kidney Exchange pp. 2198-2224

Tayfun Sönmez, Utku Unver and M. Bumin Yenmez

Home Values and Firm Behavior pp. 2225-70

Saleem Bahaj, Angus Foulis and Gabor Pinter

Volume 110, issue 6, 2020

Mortgage Debt, Consumption, and Illiquid Housing Markets in the Great Recession pp. 1603-34

Carlos Garriga and Aaron Hedlund

Turnover Liquidity and the Transmission of Monetary Policy pp. 1635-72

Ricardo Lagos and Shengxing Zhang

The Elephant in the Room: The Impact of Labor Obligations on Credit Markets pp. 1673-1712

Jack Favilukis, Xiaoji Lin and Xiaofei Zhao

Expert-Captured Democracies pp. 1713-51

Archishman Chakraborty, Parikshit Ghosh and Jaideep Roy

Social Ties and the Selection of China's Political Elite pp. 1752-81

Raymond Fisman, Jing Shi, Yongxiang Wang and Weixing Wu

Revealed Preferences over Risk and Uncertainty pp. 1782-1820

Matthew Polisson, John Quah and Ludovic Renou

Is the Cure Worse Than the Disease? Unintended Effects of Payment Reform in a Quantity-Based Transfer Program pp. 1821-65

Katherine Meckel

Regulation by Shaming: Deterrence Effects of Publicizing Violations of Workplace Safety and Health Laws pp. 1866-1904

Matthew S. Johnson

Geographic Dispersion of Economic Shocks: Evidence from the Fracking Revolution: Comment pp. 1905-13

Alexander James and Brock Smith

Geographic Dispersion of Economic Shocks: Evidence from the Fracking Revolution: Reply pp. 1914-20

James Feyrer, Erin Mansur and Bruce Sacerdote

Volume 110, issue 5, 2020

A Model of Complex Contracts pp. 1243-73

Alexander M. Jakobsen

Heterogeneous Beliefs and School Choice Mechanisms pp. 1274-1315

Adam J. Kapor, Christopher Neilson and Seth Zimmerman

Interest Rates under Falling Stars pp. 1316-54

Michael Bauer and Glenn Rudebusch

Losing Prosociality in the Quest for Talent? Sorting, Selection, and Productivity in the Delivery of Public Services pp. 1355-94

Nava Ashraf, Oriana Bandiera, Edward Davenport and Scott S. Lee

The Reach of Radio: Ending Civil Conflict through Rebel Demobilization pp. 1395-1429

Alex Armand, Paul Atwell and Joseph Gomes

Forced Migration and Human Capital: Evidence from Post-WWII Population Transfers pp. 1430-63

Sascha Becker, Irena Grosfeld, Pauline Grosjean, Nico Voigtländer and Ekaterina Zhuravskaya

Learning under Diverse World Views: Model-Based Inference pp. 1464-1501

George Mailath and Larry Samuelson

Do Parents Value School Effectiveness? pp. 1502-39

Atila Abdulkadiroğlu, Parag Pathak, Jonathan Schellenberg and Christopher Walters

Why Special Economic Zones? Using Trade Policy to Discriminate across Importers pp. 1540-71

Matthew Grant

Building Nations through Shared Experiences: Evidence from African Football pp. 1572-1602

Emilio Depetris-Chauvin, Ruben Durante and Filipe Campante

Volume 110, issue 4, 2020

The New Tools of Monetary Policy pp. 943-83

Ben Bernanke

Targeted Debt Relief and the Origins of Financial Distress: Experimental Evidence from Distressed Credit Card Borrowers pp. 984-1018

Will Dobbie and Jae Song

The Effects of Income Transparency on Well-Being: Evidence from a Natural Experiment pp. 1019-54

Ricardo Perez-Truglia

Industrial Espionage and Productivity pp. 1055-1103

Albrecht Glitz and Erik Meyersson

Are Ideas Getting Harder to Find? pp. 1104-44

Nicholas Bloom, Charles Jones, John van Reenen and Michael Webb

Who Acquires Information in Dealer Markets? pp. 1145-76

Jesper Rüdiger and Adrien Vigier

Time Discounting and Wealth Inequality pp. 1177-1205

Thomas Epper, Ernst Fehr, Helga Fehr-Duda, Claus Kreiner, David Lassen, Søren Leth-Petersen and Gregers Nytoft Rasmussen

A Theory of Experimenters: Robustness, Randomization, and Balance pp. 1206-30

Abhijit Banerjee, Sylvain Chassang, Sergio Montero and Erik Snowberg

Steering the Climate System: Using Inertia to Lower the Cost of Policy: Comment pp. 1231-37

Linus Mattauch, H. Damon Matthews, Richard Millar, Armon Rezai, Susan Solomon and Frank Venmans

Steering the Climate System: Using Inertia to Lower the Cost of Policy: Reply pp. 1238-41

Derek Lemoine and Ivan Rudik

Volume 110, issue 3, 2020

The Welfare Effects of Social Media pp. 629-76

Hunt Allcott, Luca Braghieri, Sarah Eichmeyer and Matthew Gentzkow

Dominant Currency Paradigm pp. 677-719

Gita Gopinath, Emine Boz, Camila Casas, Federico J. Díez, Pierre-Olivier Gourinchas and Mikkel Plagborg-Moller

Segmented Housing Search pp. 720-59

Monika Piazzesi, Martin Schneider and Johannes Stroebel

Nondogmatic Social Discounting pp. 760-75

Antony Millner

Endogenous Monitoring in a Partnership Game pp. 776-96

Anna Sanktjohanser

Rural Roads and Local Economic Development pp. 797-823

Sam Asher and Paul Novosad

Maternal Depression, Women's Empowerment, and Parental Investment: Evidence from a Randomized Controlled Trial pp. 824-59

Victoria Baranov, Sonia Bhalotra, Pietro Biroli and Joanna Maselko

Fiscal Rules, Bailouts, and Reputation in Federal Governments pp. 860-88

Alessandro Dovis and Rishabh Kirpalani

Raising Capital from Heterogeneous Investors pp. 889-921

Marina Halac, Ilan Kremer and Eyal Winter

The Race to the Base pp. 922-42

Dan Bernhardt, Peter Buisseret and Sinem Hidir

Volume 110, issue 2, 2020

The Dynamics of Motivated Beliefs pp. 337-61

Florian Zimmermann

Outsourcing Education: Experimental Evidence from Liberia pp. 364-400

Mauricio Romero, Justin Sandefur and Wayne Aaron Sandholtz

Factory Productivity and the Concession System of Incorporation in Late Imperial Russia, 1894–1908 pp. 401-27

Amanda Gregg

Bargaining and News pp. 428-74

Brendan Daley and Brett Green

Loss in the Time of Cholera: Long-Run Impact of a Disease Epidemic on the Urban Landscape pp. 475-525

Attila Ambrus, Erica Field and Robert Gonzalez

A Single-Judge Solution to Beauty Contests pp. 526-68

Zhen Huo and Marcelo Pedroni

Online Privacy and Information Disclosure by Consumers pp. 569-95

Shota Ichihashi

Strategyproof Choice of Social Acts pp. 596-627

Eric Bahel and Yves Sprumont

Volume 110, issue 1, 2020

Putting the Cycle Back into Business Cycle Analysis pp. 1-47

Paul Beaudry, Dana Galizia and Franck Portier

Estimating the Production Function for Human Capital: Results from a Randomized Controlled Trial in Colombia pp. 48-85

Orazio Attanasio, Sarah Cattan, Emla Fitzsimons, Costas Meghir and Marta Rubio-Codina

Positive Long-Run Capital Taxation: Chamley-Judd Revisited pp. 86-119

Ludwig Straub and Iván Werning

Regulating Innovation with Uncertain Quality: Information, Risk, and Access in Medical Devices pp. 120-61

Matthew Grennan and Robert J. Town

Efficient Child Care Subsidies pp. 162-99

Christine Ho and Nicola Pavoni

Way Down in the Hole: Adaptation to Long-Term Water Loss in Rural India pp. 200-224

David Blakeslee, Ram Fishman and Veena Srinivasan

Diffusion Games pp. 225-70

Evan Sadler

Diffusing Coordination Risk pp. 271-97

Deepal Basak and Zhen Zhou

Optimal Taxation with Behavioral Agents pp. 298-336

Emmanuel Farhi and Xavier Gabaix