AEA Papers and Proceedings

2018 - 2024

Current editor(s): William Johnson and Kelly Markel

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Volume 109, month May, 2019

Foreword pp. xii-

Ben Bernanke

Editors' Introduction pp. xiii-

William Johnson and Kelly Markel

Work of the Past, Work of the Future pp. 1-32

David Autor

The Impact of Big Data on Firm Performance: An Empirical Investigation pp. 33-37

Patrick Bajari, Victor Chernozhukov, Ali Hortacsu and Junichi Suzuki

Big Data and Firm Dynamics pp. 38-42

Maryam Farboodi, Roxana Mihet, Thomas Philippon and Laura Veldkamp

Empirical Bayes Estimation of Treatment Effects with Many A/B Tests: An Overview pp. 43-47

Eduardo Azevedo, Alex Deng, José L. Montiel Olea and E. Glen Weyl

Mobile Wallet and Entrepreneurial Growth pp. 48-53

Sumit Agarwal, Wenlan Qian, Bernard Y. Yeung and Xin Zou

Generational Differences in Managing Personal Finances pp. 54-59

Bruce Carlin, Arna Olafsson and Michaela Pagel

How FinTech Enters China's Credit Market pp. 60-64

Harald Hau, Yi Huang, Hongzhe Shan and Zixia Sheng

Ensemble Methods for Causal Effects in Panel Data Settings pp. 65-70

Susan Athey, Mohsen Bayati, Guido Imbens and Zhaonan Qu

Augmenting Pre-Analysis Plans with Machine Learning pp. 71-76

Jens Ludwig, Sendhil Mullainathan and Jann Spiess

Mastering Panel Metrics: Causal Impact of Democracy on Growth pp. 77-82

Shuowen Chen, Victor Chernozhukov and Ivan Fernandez-Val

Currency Substitution under Transaction Costs pp. 83-87

Linda Schilling and Harald Uhlig

Blockchains, Coordination, and Forks pp. 88-92

Bruno Biais, Christophe Bisière, Matthieu Bouvard and Catherine Casamatta

An Economist's Perspective on the Bitcoin Payment System pp. 93-96

Gur Huberman, Jacob D. Leshno and Ciamac Moallemi

Price Discovery in Cryptocurrency Markets pp. 97-99

Igor Makarov and Antoinette Schoar

Does Maternal Education Decrease Female Genital Cutting? pp. 100-104

Elisabetta De Cao and Giulia La Mattina

Gender Equality and Positive Action: Evidence from UK Universities pp. 105-09

Danula K. Gamage and Almudena Sevilla

Does Simple Information Provision Lead to More Diverse Classrooms? Evidence from a Field Experiment on Undergraduate Economics pp. 110-14

Amanda Bayer, Syon Bhanot and Fernando Lozano

The Gender Socialization of Children Growing Up in Nontraditional Families pp. 115-21

Marianne Bertrand

Child Penalties across Countries: Evidence and Explanations pp. 122-26

Henrik Kleven, Camille Landais, Johanna Posch, Andreas Steinhauer and Josef Zweimüller

Parental Aspirations for Children's Education: Is There a "Girl Effect"? Experimental Evidence from Rural Ethiopia pp. 127-32

Tanguy Bernard, Stefan Dercon, Kate Orkin and Alemayehu Taffesse

Entertainment, Education, and Attitudes Toward Domestic Violence pp. 133-37

Abhijit Banerjee, Eliana La Ferrara and Victor Orozco-Olvera

Changing Family Attitudes to Promote Female Employment pp. 138-42

Joshua Dean and Seema Jayachandran

Now You See Me, Now You Don't: The Geography of Police Stops pp. 143-47

Jesse J. Kalinowski, Matthew Ross and Stephen Ross

Using Shifts in Deployment and Operations to Test for Racial Bias in Police Stops pp. 148-51

John M. MacDonald and Jeffrey Fagan

Police Use of Force as an Extension of Arrests: Examining Disparities across Civilian and Officer Race pp. 152-56

Emily K. Weisburst

The Introduction of Tasers and Police Use of Firearms: Evidence from the Chicago Police Department pp. 157-60

Bocar Ba and Jeffrey Grogger

Disenfranchisement and Economic Inequality: Downstream Effects of Shelby County v. Holder pp. 161-65

Abhay P. Aneja and Carlos F. Avenancio-León

Labor Market Conditions and Discrimination: Is There a Link? pp. 166-70

Karl Boulware and Kenneth N. Kuttner

Student Debt and Labor Market Outcomes pp. 171-75

Gerald Daniels and Andria Smythe

Minimum Wages, Morality, and Efficiency: A Choice Experiment pp. 176-81

Conor Lennon, Jose Fernandez, Stephan Gohmann and Keith Teltser

The Burgeoning Health Care Needs of Aging Prisoners pp. 182-86

Hessam Bavafa and Anita Mukherjee

Examining Medicaid Expansion and the Treatment of Substance Use Disorders pp. 187-92

Jevay Grooms and Alberto Ortega

Drug Violence, Immigration Enforcement, and Selectivity: Evidence from Mexican Immigrants pp. 192-98

Heriberto Gonzalez-Lozano and Sandra Orozco-Aleman

The Child Left Behind: Parental Incarceration and Adult Human Capital in the United States pp. 199-203

Laura E. Henkhaus

How (Not) to Allocate Affordable Housing pp. 204-08

Nick Arnosti and Peng Shi

Matching with Stochastic Arrival pp. 209-12

Neil Thakral

A Reason to Wait: The Effect of Legal Status on Teen Pregnancy pp. 213-17

Elira Kuka, Na'ama Shenhav and Kevin Shih

A Cautionary Tale about Emergency Financial Assistance without Services: Evidence from a Randomized Controlled Trial Evaluation at a Community College pp. 218-22

William Evans, Melissa S. Kearney, Brendan Perry and James Sullivan

Attainment Effects of Student Loans and Pell Grants pp. 223-26

Benjamin Marx and Lesley Turner

Exploring Variation in College Counselor Effectiveness pp. 227-31

Andrew Barr and Ben Castleman

The Right to Education Act: Trends in Enrollment, Test Scores, and School Quality pp. 232-38

Manisha Shah and Bryce Steinberg

US Criminal Deportations and Human Capital in Central America pp. 239-42

Maria Micaela Sviatschi

Intergenerational Human Capital Spillovers: Indonesia's School Construction and Its Effects on the Next Generation pp. 243-49

Bhashkar Mazumder, Maria Rosales-Rueda and Margaret Triyana

Toward the Next Generation of Scholarship: Challenges and Opportunities for Full Participation in PhD Training in Economics pp. 250-54

Thomas Jeitschko

The Gender Gap in Undergraduate Economics Course Persistence and Degree Selection pp. 255-60

Laura Ahlstrom and Carlos Asarta

Gender Bias and Temporal Effects in Standard Evaluations of Teaching pp. 261-65

Whitney Buser, Jill Hayter and Emily Marshall

Grades in Economics and Other Undergraduate Courses pp. 266-70

William Walstad and William Bosshardt

Does Environmental Policy Affect Income Inequality? Evidence from the Clean Air Act pp. 271-76

Akshaya Jha, Peter Matthews and Nicholas Muller

Discrimination in Ambient Air Pollution Monitoring? pp. 277-82

Corbett Grainger and Andrew Schreiber

Bringing Satellite-Based Air Quality Estimates Down to Earth pp. 283-88

Meredith Fowlie, Edward Rubin and Reed Walker

Simplified Distributional National Accounts pp. 289-95

Thomas Piketty, Emmanuel Saez and Gabriel Zucman

Unequal Distributions: EG DNA versus DINA Approach pp. 296-301

Jorrit Zwijnenburg

Improving the Measure of the Distribution of Personal Income pp. 302-06

Dennis Fixler, Marina Gindelsky and David Johnson

Top 1 Percent Income Shares: Comparing Estimates Using Tax Data pp. 307-11

Gerald Auten and David Splinter

Fading Stars pp. 312-16

German Gutierrez and Thomas Philippon

Measuring Labor Market Power Two Ways pp. 317-21

José Azar, Ioana Marinescu and Marshall Steinbaum

Common Ownership and the Secular Stagnation Hypothesis pp. 322-26

José Azar and Xavier Vives

Four Years Later: Insurance Coverage and Access to Care Continue to Diverge between ACA Medicaid Expansion and Non-Expansion States pp. 327-33

Sarah Miller and Laura Wherry

Does Elite Capture Matter? Local Elites and Targeted Welfare Programs in Indonesia pp. 334-39

Vivi Alatas, Abhijit Banerjee, Rema Hanna, Benjamin Olken, Ririn Purnamasari and Matthew Wai-Poi

Long-Term Treatment Effects of Job Search Assistance and Training: A Summary of Recent Evidence pp. 340-43

Dayanand Manoli and Ankur Patel

A Well-Being Snapshot in a Changing World pp. 344-49

Daniel Benjamin, Kristen B. Cooper, Ori Heffetz and Miles Kimball

Economic Institutions and Social Progress pp. 350-56

Daniel C. Fehder, Michael E. Porter and Scott Stern

The Rise of the Gig Economy: Fact or Fiction? pp. 357-61

Katharine Abraham, John Haltiwanger, Kristin Sandusky and James Spletzer

The Evolution of the Online Platform Economy: Evidence from Five Years of Banking Data pp. 362-66

Diana Farrell, Fiona Greig and Amar Hamoudi

What Do Big Data Tell Us about Why People Take Gig Economy Jobs? pp. 367-71

Dmitri K. Koustas

Older Workers and the Gig Economy pp. 372-76

Cody Cook, Rebecca Diamond and Paul Oyer

Who Pays for Rent Control? Heterogeneous Landlord Response to San Francisco's Rent Control Expansion pp. 377-80

Rebecca Diamond, Tim McQuade and Franklin Qian

Ending Rent Control Reduced Crime in Cambridge pp. 381-84

David Autor, Christopher J. Palmer and Parag Pathak

The Effects of Second-Generation Rent Control on Land Values pp. 385-88

Andreas Mense, Claus Michelsen and Konstantin Kholodilin

Spatial Misallocation and Rent Controls pp. 389-92

Guillaume Chapelle, Etienne Wasmer and Pierre-Henri Bono

Housing Supply Dynamics under Rent Control: What Can Evictions Tell Us? pp. 393-96

Brian Asquith

Why the Economics Profession Must Actively Participate in the Privacy Protection Debate pp. 397-402

John Abowd, Ian Schmutte, William N. Sexton and Lars Vilhuber

Differential Privacy and Census Data: Implications for Social and Economic Research pp. 403-08

Steven Ruggles, Catherine Fitch, Diana Magnuson and Jonathan Schroeder

Reconciling Data Access and Privacy: Building a Sustainable Model for the Future pp. 409-13

Katharine Abraham

A Practical Method to Reduce Privacy Loss When Disclosing Statistics Based on Small Samples pp. 414-20

Raj Chetty and John Friedman

Monetary Policy Strategies for a Low-Rate Environment pp. 421-26

Ben Bernanke, Michael Kiley and John Roberts

Monetary Policy Frameworks and the Effective Lower Bound on Interest Rates pp. 427-32

Thomas M. Mertens and John Williams

Policy Options at the Zero Lower Bound When Foresight is Limited pp. 433-37

Michael Woodford and Yinxi Xie

Minding Your Ps and Qs: Going from Micro to Macro in Measuring Prices and Quantities pp. 438-43

Gabriel Ehrlich, John Haltiwanger, Ron Jarmin, David Johnson and Matthew Shapiro

Measuring Productivity: Lessons from Tailored Surveys and Productivity Benchmarking pp. 444-49

David Atkin, Amit Khandelwal and Adam Osman

Aggregation and the Gravity Equation pp. 450-55

Stephen Redding and David Weinstein

New Evidence on the Cyclicality of Employer-to-Employer Flows from Canada pp. 456-60

Alice Nakamura, Emi Nakamura, Kyle Phong and Jón Steinsson

Flow Origins of Labor Force Participation Fluctuations pp. 461-64

Michael Elsby, Bart Hobijn, Fatih Karahan, Gizem Kosar and Aysegul Sahin

Is Inflation Just Around the Corner? The Phillips Curve and Global Inflationary Pressures pp. 465-69

Olivier Coibion, Yuriy Gorodnichenko and Mauricio Ulate

Macroprudential Policy: What We've Learned, Don't Know, and Need to Do pp. 470-75

Kristin Forbes

China versus the United States: IMS Meets IPS pp. 476-81

Emmanuel Farhi and Matteo Maggiori

Some Principles for Regulating Cyber Risk pp. 482-87

Anil Kashyap and Anne Wetherilt

Profit Shifting in a Globalized World pp. 488-92

Dhammika Dharmapala

How Elastic is the Demand for Tax Havens? Evidence from the US Possessions Corporations Tax Credit pp. 493-99

Daniel Garrett and Juan Carlos Suárez Serrato

Challenges of Monitoring Tax Compliance by Multinational Firms: Evidence from Chile pp. 500-505

Sebastián Bustos, Dina Pomeranz, José Vila-Belda and Gabriel Zucman

The Quality of Banks at Stigmatized Lending Facilities pp. 506-10

Sriya Anbil and Angela Vossmeyer

Does Getting Health Insurance Affect Women's Fertility? Evidence from the United Mine Workers' Health Insurance pp. 511-15

Erin Troland and Theodore Figinski

Traditional Medicine in Central Africa pp. 516-20

Sara Lowes and Eduardo Montero

The Rise of the Dollar and Fall of the Euro as International Currencies pp. 521-26

Matteo Maggiori, Brent Neiman and Jesse Schreger

Dollar Invoicing and the Heterogeneity of Exchange Rate Pass-Through pp. 527-32

Emine Boz, Gita Gopinath and Mikkel Plagborg-Moller

Exports and Invoicing: Evidence from the 2015 Swiss Franc Appreciation pp. 533-38

Raphael Auer, Ariel Burstein, Katharina Erhardt and Sarah Lein

Neutral Bargaining in Financial Over-The-Counter Markets pp. 539-44

Jin Yeub Kim

Information and Communication in Organizations pp. 545-49

Inga Deimen and Dezsoe Szalay

Optimal Information Design for Search Goods pp. 550-56

Michael Choi, Kyungmin Kim and Marilyn Pease

Noisy Memory and Over-Reaction to News pp. 557-61

Rava Azeredo da Silveira and Michael Woodford

Cognitive Abilities and Inflation Expectations pp. 562-66

Francesco D'Acunto, Daniel Hoang, Maritta Paloviita and Michael Weber

Emotional Tagging and Belief Formation: The Long-Lasting Effects of Experiencing Communism pp. 567-71

Christine Laudenbach, Ulrike Malmendier and Alexandra Niessen-Ruenzi

Memory and Reference Prices: An Application to Rental Choice pp. 572-76

Pedro Bordalo, Nicola Gennaioli and Andrei Shleifer

Minutes of the Annual Business Meeting, Atlanta, GA, January 4, 2019 pp. 579-81

Peter Rousseau

Report of the Secretary pp. 582-85

Peter Rousseau

Report of the Treasurer pp. 586-89

Peter Rousseau

American Economic Association Universal Academic Questionnaire Summary Statistics pp. 590-92

Charles E. Scott and John Siegfried

List of Online Reports pp. 593-

Peter Rousseau

Minutes of the Meeting of the Executive Committee, Chicago, IL, April 20, 2018 pp. 595-602

Peter Rousseau

Minutes of the Meeting of the Executive Committee, Atlanta, GA, January 4, 2019 pp. 603-11

Peter Rousseau

Report of the Editor: American Economic Review pp. 612-26

Esther Duflo

Report of the Editor: American Economic Review: Insights pp. 627-32

Amy Finkelstein

Report of the Editor: Journal of Economic Literature pp. 633-35

Steven Durlauf

Report of the Editor: Journal of Economic Perspectives pp. 636-38

Enrico Moretti

Report of the Editor: American Economic Journal: Applied Economics pp. 639-45

Alexandre Mas

Report of the Editor: American Economic Journal: Economic Policy pp. 646-52

Matthew Shapiro

Report of the Editor: American Economic Journal: Macroeconomics pp. 653-59

Simon Gilchrist

Report of the Editor: American Economic Journal: Microeconomics pp. 660-65

Johannes Hörner

Report: Job Openings for Economists pp. 666-68

John Siegfried

Report: Committee on Economic Education pp. 669-75

KimMarie McGoldrick

Report: Committee on the Status of Women in the Economics Profession (CSWEP) pp. 676-94

Shelly Lundberg

Report: Committee on Equity, Diversity, and Professional Conduct pp. 709-11

Marianne Bertrand

Report: Committee on Government Relations pp. 715-16

Phillip Swagel

Report of the Search Committee for the Editor of the AEJ: Economic Policy pp. 717-

Alan Auerbach

Report by the AEA Data Editor pp. 718-29

Lars Vilhuber