AEA Papers and Proceedings

2018 - 2024

Current editor(s): William Johnson and Kelly Markel

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Volume 110, month May, 2020

Foreword pp. xi-xii

Janet L. Yellen

Editors' Introduction pp. xiii-xiv

William Johnson and Ginny Herbert

Gender in the Twenty-First Century pp. 1-24

Marianne Bertrand

Measuring the Impact of Free Goods on Real Household Consumption pp. 25-30

Erik Brynjolfsson, Avinash Collis, Walter Diewert, Felix Eggers and Kevin Fox

Innovation α: What Do IP-Intensive Stock Price Indexes Tell Us about Innovation? pp. 31-35

Carol Corrado, David Martin and Qianfan Wu

Estimating Family Income from Administrative Banking Data: A Machine Learning Approach pp. 36-41

Diana Farrell, Fiona Greig and Erica Deadman

Technology and Big Data Are Changing Economics: Mining Text to Track Methods pp. 42-48

Janet Currie, Henrik Kleven and Esmee Zwiers

Internalizing Externalities: Designing Effective Data Policies pp. 49-54

Ryan Hill, Carolyn Stein and Heidi Williams

In Praise of Confidence Intervals pp. 55-60

David Romer

Research Transparency Is on the Rise in Economics pp. 61-65

Nicholas Swanson, Garret Christensen, Rebecca Littman, David Birke, Edward Miguel, Elizabeth Levy Paluck and Zenan Wang

A Proposed Specification Check for p-Hacking pp. 66-69

Abel Brodeur, Nikolai Cook and Anthony Heyes

Do Pre-analysis Plans Hamper Publication? pp. 70-74

George K. Ofosu and Daniel N. Posner

Forecasting the Results of Experiments: Piloting an Elicitation Strategy pp. 75-79

Stefano DellaVigna, Nicholas Otis and Eva Vivalt

The Allocation of Decision Authority to Human and Artificial Intelligence pp. 80-84

Susan Athey, Kevin Bryan and Joshua Gans

The Managerial Effects of Algorithmic Fairness Activism pp. 85-90

Bo Cowgill, Fabrizio Dell'Acqua and Sandra Matz

An Economic Perspective on Algorithmic Fairness pp. 91-95

Ashesh Rambachan, Jon Kleinberg, Jens Ludwig and Sendhil Mullainathan

Algorithmic Social Engineering pp. 96-100

Bo Cowgill and Megan Stevenson

Measuring the Macroeconomic Impact of Carbon Taxes pp. 101-06

Gilbert Metcalf and James H. Stock

The Fiscal Costs of Climate Change pp. 107-12

Lint Barrage

The Cost-Effectiveness Implications of Carbon Price Certainty pp. 113-18

Joseph E. Aldy and Sarah Armitage

Effects of Fiscal Policy on Credit Markets pp. 119-24

Alan Auerbach, Yuriy Gorodnichenko and Daniel Murphy

Automatic Stabilizers in a Low-Rate Environment pp. 125-30

Olivier Blanchard and Lawrence Summers

National Fiscal Policies to Fight Recessions in US States pp. 131-36

Karen Dynan and Douglas Elmendorf

Public Debt, Interest Rates, and Negative Shocks pp. 137-40

Richard Evans

A Skeptic's Guide to Modern Monetary Theory pp. 141-44

N. Gregory Mankiw

Are Large Deficits and Debt Dangerous? pp. 145-48

Michael J. Boskin

Simulating the Blanchard Conjecture in a Multiperiod Life Cycle Model pp. 149-51

Jasmina Hasanhodzic

Leveraging Posterity's Prosperity? pp. 152-56

Johannes Brumm, Laurence Kotlikoff and Felix Kubler

Is New Platform Work Different from Other Freelancing? pp. 157-61

Andrew Garin, Emilie Jackson, Dmitri K. Koustas and Carl McPherson

Information Reporting and Tax Compliance pp. 162-66

Bibek Adhikari, James Alm and Timothy F. Harris

The Distinctive Values of Bankers pp. 167-71

Nava Ashraf, Oriana Bandiera and Alexia Delfino

Visible Hands: Governance of Value Creation—Within Firms and Beyond pp. 172-76

Robert Gibbons

Tackling Climate Change Requires Organizational Purpose pp. 177-80

Rebecca Henderson and George Serafeim

Measuring Collaboration in Modern Organizations pp. 181-86

Stephen Michael Impink, Andrea Prat and Raffaella Sadun

Knowledge, Stories, and Culture in Organizations pp. 187-92

Robert Gibbons and Laurence Prusak

Individual Identity and Organizational Identification: Evidence from a Field Experiment pp. 193-98

Maria Guadalupe, Zoe Kinias and Florian Schloderer

Stories at Work pp. 199-204

Robert Akerlof, Niko Matouschek and Luis Rayo

Can Mentoring Help Female Assistant Professors in Economics? An Evaluation by Randomized Trial pp. 205-09

Donna Ginther, Janet Currie, Francine Blau and Rachel Croson

Employment and Earnings for Federal Government Economists: Empirical Evidence by Gender and Race pp. 210-14

Lucia Foster, Julia Manzella, Erika McEntarfer and Danielle Sandler

Do Workers Comply with Salary History Bans? A Survey on Voluntary Disclosure, Adverse Selection, and Unraveling pp. 215-19

Amanda Agan, Bo Cowgill and Laura Gee

The Demographic Effects of Dodging the Vietnam Draft pp. 220-25

Martha Bailey and Eric Chyn

What Happens after an Abortion Denial? A Review of Results from the Turnaway Study pp. 226-30

Sarah Miller, Laura Wherry and Diana Greene Foster

Legal Access to Reproductive Control Technology, Women's Education, and Earnings Approaching Retirement pp. 231-35

Jason Lindo, Mayra Pineda-Torres, David Pritchard and Hedieh Tajali

Local Economic Conditions and Fertility from the Great Depression through the Great Recession pp. 236-40

Jessamyn Schaller, Price Fishback and Kelli Marquardt

Awards and the Gender Gap in Knowledge Contributions in STEM pp. 241-44

Jana Gallus and Emma Heikensten

Gender Differences in Scientific Communication and Their Impact on Grant Funding Decisions pp. 245-49

Julian Kolev, Yuly Fuentes-Medel and Fiona Murray

Inventor Gender and the Direction of Invention pp. 250-54

Rembrand Koning, Sampsa Samila and John-Paul Ferguson

Preventing the Spread of Antibiotic Resistance pp. 255-59

Jerome Adda

Community-Based Crisis Response: Evidence from Sierra Leone's Ebola Outbreak pp. 260-64

Darin Christensen, Oeindrila Dube, Johannes Haushofer, Bilal Siddiqi and Maarten Voors

The Economics of Viral Outbreaks pp. 265-68

Imran Rasul

Advance Market Commitments: Insights from Theory and Experience pp. 269-73

Michael Kremer, Jonathan Levin and Christopher Snyder

Administration above Administrators: The Changing Technology of Health Care Management pp. 274-78

Abe Dunn, Joshua Gottlieb and Adam Shapiro

Provider Discretion and Variation in Resource Allocation: The Case of Triage Decisions pp. 279-83

David C. Chan and Jonathan Gruber

Time Dependency in Physician Decision-Making pp. 284-88

Lawrence Jin, Rui Tang, Han Ye, Junjian Yi and Songfa Zhong

A Test of Enhancing Learning in Economics through Nudges pp. 289-93

Rita Balaban and Patrick Conway

Diagnosing the Learning Environment for Diverse Students in Introductory Economics: An Analysis of Relevance, Belonging, and Growth Mindsets pp. 294-98

Amanda Bayer, Syon Bhanot, Erin T. Bronchetti and Stephen A. O'Connell

A Pareto-Improving Way to Teach Principles of Economics: Evidence from the University of Toronto pp. 299-303

Dwayne Benjamin, Avi Cohen and Gillian Hamilton

How Often Does Active Learning Actually Occur? Perception versus Reality pp. 304-08

Brandon Sheridan and Ben Smith

Linguistic Traits and Human Capital Formation pp. 309-13

Oded Galor, Ömer Özak and Assaf Sarid

The Cost of Being Too Patient pp. 314-18

Paola Giuliano and Paola Sapienza

Ancient Origins of the Global Variation in Economic Preferences pp. 319-23

Anke Becker, Benjamin Enke and Armin Falk

The Polarization of Reality pp. 324-28

Alberto Alesina, Armando Miano and Stefanie Stantcheva

Diversity, Immigration, and Redistribution pp. 329-34

Alberto Alesina and Stefanie Stantcheva

Rationing as a Determinant of Immigrant Composition and Outcomes pp. 335-39

Edward Lazear

Discrimination and the Returns to Cultural Assimilation in the Age of Mass Migration pp. 340-46

Ran Abramitzky, Leah Boustan, Katherine Eriksson and Stephanie Hao

Extending the Race between Education and Technology pp. 347-51

David Autor, Claudia Goldin and Lawrence Katz

College Attainment, Income Inequality, and Economic Security: A Simulation Exercise pp. 352-55

Brad Hershbein, Melissa S. Kearney and Luke W. Pardue

Unpacking Skill Bias: Automation and New Tasks pp. 356-61

Daron Acemoglu and Pascual Restrepo

Structural Increases in Demand for Skill after the Great Recession pp. 362-65

Peter Q. Blair and David Deming

Economics after Neoliberalism: Introducing the EfIP Project pp. 366-71

Suresh Naidu, Dani Rodrik and Gabriel Zucman

Shrinking Capitalism pp. 372-77

Samuel Bowles and Wendy Carlin

The Political Limits of Economics pp. 378-82

Luigi Zingales

Competing with Robots: Firm-Level Evidence from France pp. 383-88

Daron Acemoglu, Claire Lelarge and Pascual Restrepo

Firm-Level Automation: Evidence from the Netherlands pp. 389-93

James Bessen, Maarten Goos, Anna Salomons and Wiljan van den Berge

Within-Occupation Changes Dominate Changes in What Workers Do: A Shift-Share Decomposition, 2005–2015 pp. 394-99

Richard Freeman, Ina Ganguli and Michael Handel

Artificial Intelligence in Health Care? Evidence from Online Job Postings pp. 400-404

Avi Goldfarb, Bledi Taska and Florenta Teodoridis

The Impact of Parental Wealth on College Degree Attainment: Evidence from the Housing Boom and Bust pp. 405-10

Rucker C. Johnson

Wealth Stratification and Portfolio Choice pp. 411-15

Karl Boulware and Kenneth N. Kuttner

The Impact of School Finance Reforms on Local Tax Revenues pp. 416-18

Patrick Bayer, Peter Q. Blair and Kenneth Whaley

Do Immigration Raids Deter Head Start Enrollment? pp. 419-23

Robert Santillano, Stephanie Potochnick and Jade Jenkins

The Role of Broad-Based Employee Ownership Opportunities in Prisoner Reentry pp. 424-29

Robynn Cox

Immigration Enforcement, Deterrence, and Crime pp. 430-35

Sandra Orozco-Aleman and Heriberto Gonzalez-Lozano

A Look Ahead at the 2020 US Elections: The Role of Candidate Diversity in Political Participation pp. 436-41

Catalina Amuedo-Dorantes and Jose Bucheli

Hispanic and Asian Earnings Inequality: New Workers and Immigrants pp. 442-46

Randall Akee, Maggie R. Jones, Sonya R. Porter and Emilia Simeonova

Disparities in Police Award Nominations: Evidence from Chicago pp. 447-51

Nayoung Rim, Bocar Ba and Roman Rivera

Do Nuisance Ordinances Increase Eviction Risk? pp. 452-56

Sarah Kroeger and Giulia La Mattina

Queens of the Desert: Convictism and Marital Attitudes across Australia pp. 457-62

Victoria Baranov, Ralph De Haas and Pauline Grosjean

Banking Panics as Endogenous Disasters and the Welfare Gains from Macroprudential Policy pp. 463-69

Mark Gertler, Nobuhiro Kiyotaki and Andrea Prestipino

NKV: A New Keynesian Model with Vulnerability pp. 470-76

Tobias Adrian, Fernando Duarte, Nellie Liang and Pawel Zabczyk

Private Supply of Safe Assets: Shadow Banks versus Traditional Banks pp. 477-81

Stefan Gissler, Marco Macchiavelli and Borghan Narajabad

Understanding Collateral Re-use in the US Financial System pp. 482-86

Sebastian Infante, Charles Press and Zack Saravay

Who Ran on Repo? pp. 487-92

Gary B. Gorton, Andrew Metrick and Chase Ross

Emerging Markets at Risk pp. 493-98

Gonzalo Asis, Anusha Chari and Adam Haas

Corporate Yields: Effect of Credit Ratings and Sovereign Yields pp. 499-503

Julia Bevilaqua, Galina Hale and Eric Tallman

The Financial Center Leverage Cycle: Does It Spread around the World? pp. 504-10

Graciela Laura Kaminsky, Leandro Medina and Shiyi Wang

Real Effects of Sovereign Debt Inflow Shocks pp. 511-15

Lorenzo Pandolfi and Tomas Williams

Do Sounder Banks Make Calmer Waters? The Link between Bank Regulations and Capital Flow Waves pp. 516-22

Kristin Forbes

The Global Financial Cycle after Lehman pp. 523-28

Silvia Miranda-Agrippino and Helene Rey

The Dollar, Bank Leverage, and Real Economic Activity: An Evolving Relationship pp. 529-34

Burcu Erik, Marco Lombardi, Dubravko Mihaljek and Hyun Song Shin

Impact of Foreign Official Purchases of US Treasuries on the Yield Curve pp. 535-40

Erin Wolcott

Who's Paying for the US Tariffs? A Longer-Term Perspective pp. 541-46

Mary Amiti, Stephen Redding and David Weinstein

The Looming Threat of Tariff Hikes: Entry into Exporting under Trade Agreement Renegotiation pp. 547-51

Meredith Crowley, Oliver Exton and Lu Han

Brexit Uncertainty: Trade Externalities beyond Europe pp. 552-56

Alejandro Graziano, Kyle Handley and Nuno Limão

Theory and Measurement of Common Ownership pp. 557-60

Matthew Backus, Christopher Conlon and Michael Sinkinson

Diversification, Common Ownership, and Strategic Incentives pp. 561-64

Albert Banal-Estañol, Jo Seldeslachts and Xavier Vives

Active Investors, Passive Investors, and Common Ownership pp. 565-68

Oz Shy and Rune Stenbacka

The Anticompetitive Effects of Common Ownership: The Case of Paragraph IV Generic Entry pp. 569-72

Jin Xie and Joseph Gerakos

Split Apart: Differentiation, Diversion, and Coordination in the Market for Superpremium Ice Cream pp. 573-78

Christopher Sullivan

Countervailing Market Power and Consumer Surplus: An Empirical Examination pp. 579-83

Jorge Alé-Chilet and Juan Pablo Atal

Improving Financial Inclusion through Digital Savings and Credit pp. 584-88

Prashant Bharadwaj and Tavneet Suri

Migration, Money Transfers, and Mobile Money: Evidence from Niger pp. 589-93

Jenny C. Aker, Silvia Prina and C. Jamilah Welch

Adopting Mobile Money: Evidence from an Experiment in Rural Africa pp. 594-98

Catia Batista and Pedro Vicente

Cashing In (and Out): Experimental Evidence on the Effects of Mobile Money in Malawi pp. 599-604

Shilpa Aggarwal, Valentina Brailovskaya and Jonathan Robinson

Is Community-Based Targeting Effective in Identifying Intimate Partner Violence? pp. 605-09

Jorge M. Agüero, Ursula Aldana, Erica Field, Veronica Frisancho and Javier Romero

Women Empowerment Programs and Intimate Partner Violence pp. 610-14

Manuela Angelucci and Rachel Heath

Reducing Violence against Women in Uganda through Video Dramas: A Survey Experiment to Illuminate Causal Mechanisms pp. 615-19

Jasper Cooper, Donald P. Green and Anna M. Wilke

Spousal Disagreement in Reporting of Intimate Partner Violence in Kenya pp. 620-24

Johannes Haushofer, Charlotte Ringdal, Jeremy Shapiro and Xiao Yu Wang

Minutes of the Annual Business Meeting: San Diego, CA, January 3, 2020 pp. 627-30

Peter Rousseau

Report of the Secretary pp. 631-34

Peter Rousseau

Report of the Treasurer pp. 635-38

Peter Rousseau

American Economic Association 2019-2020 Universal Academic Questionnaire Summary Statistics pp. 639-41

Charles E. Scott and John Siegfried

List of Online Reports pp. 642-

Peter Rousseau

Report of the Editor: American Economic Review pp. 660-74

Esther Duflo

Report of the Editor: American Economic Review: Insights pp. 675-81

Amy Finkelstein

Report of the Editor: Journal of Economic Literature pp. 682-85

Steven Durlauf

Report of the Editor: Journal of Economic Perspectives pp. 686-88

Enrico Moretti

Report of the Editor: American Economic Journal: Applied Economics pp. 689-94

Alexandre Mas

Report of the Editor: American Economic Journal: Economic Policy pp. 695-702

Matthew Shapiro

Report of the Editor: American Economic Journal: Macroeconomics pp. 703-9

Simon Gilchrist

Report of the Editor: American Economic Journal: Microeconomics pp. 710-15

Johannes Hörner

Report: Job Openings for Economists pp. 716-18

John Siegfried

Report: Committee on Economic Education pp. 719-25

Sam Allgood and KimMarie McGoldrick

Report: Committee on the Status of Women in the Economics Profession (CSWEP) pp. 726-36

Margaret Levenstein

Report: Committee on the Status of Minority Groups in the Economics Profession (CSMGEP) pp. 737-51

Gary Hoover and Ebonya Washington

Report: Committee on the Status of LGBTQ+ Individuals in the Economics Profession (CSQIEP) pp. 752-53

Lee Badgett and Kitt Carpenter

Report: Committee on Equity, Diversity, and Professional Conduct (CEDPC) pp. 754-

Marianne Bertrand

Report: American Economic Association Committee on Statistics (AEAStat) pp. 755-58

John Haltiwanger

Report: Committee on Government Relations (CGR) pp. 759-61

Kenneth Troske

Report of the Search Committee for the Editor of the AEJ: Applied Economics pp. 762-

Esther Duflo

Report of the Search Committee for the Editor of the AEJ: Microeconomics pp. 763-

Drew Fudenberg

Report by the AEA Data Editor pp. 764-75

Lars Vilhuber, James Turrito and Keesler Welch

AEA Data and Code Availability Policy pp. 776-78

Lars Vilhuber