International Economic Review

2012 - 2019

Continuation of International Economic Review.

Current editor(s): Harold L. Cole

From Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association
160 McNeil Building, 3718 Locust Walk, Philadelphia, PA 19104-6297.
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Volume 60, issue 08, 2019

BARGAINING WITH OPTIMISM: IDENTIFICATION AND ESTIMATION OF A MODEL OF MEDICAL MALPRACTICE LITIGATION pp. 1029-1061

Antonio Merlo and Xun Tang

ENHANCING EFFORT SUPPLY WITH PRIZE‐AUGMENTING ENTRY FEES: THEORY AND EXPERIMENTS pp. 1063-1096

Robert G. Hammond, Bin Liu, Jingfeng Lu and Yohanes E. Riyanto

SPACE AND TIME: A COMPETING RISKS ANALYSIS OF THE IMPACT OF PROPERTY TAXES AND ZONING RESTRICTIONS ON RESIDENTIAL DEVELOPMENT pp. 1097-1130

Douglas H. Wrenn and H. Allen Klaiber

MARKETS, EXTERNALITIES, AND THE DYNAMIC GAINS OF OPENNESS pp. 1131-1170

Alexander Monge‐Naranjo

ESTIMATING THE HETEROGENEOUS WELFARE EFFECTS OF CHOICE ARCHITECTURE pp. 1171-1208

Jonathan D. Ketcham, Nicolai V. Kuminoff and Christopher A. Powers

DO HEALTH INSURERS CONTRACT THE BEST PROVIDERS? PROVIDER NETWORKS, QUALITY, AND COSTS pp. 1209-1247

Jan Boone and Christoph Schottmüller

OBVIOUSLY STRATEGY‐PROOF IMPLEMENTATION OF TOP TRADING CYCLES pp. 1249-1261

Peter Troyan

HOUSING DECISION WITH DIVORCE RISK pp. 1263-1290

Marcel Fischer and Natalia Khorunzhina

MISMATCH IN HUMAN CAPITAL ACCUMULATION pp. 1291-1328

Russell Cooper and Huacong Liu

NONNEUTRALITY OF MONEY IN DISPERSION: HUME REVISITED pp. 1329-1353

Gu Jin and Tao Zhu

LEARNING IN A HEDONIC FRAMEWORK: VALUING BROWNFIELD REMEDIATION pp. 1355-1387

Lala Ma

IF WE CONFESS OUR SINS pp. 1389-1412

Francisco Silva

FISCAL STIMULUS WITH LEARNING‐BY‐DOING pp. 1413-1432

Antonello D'Alessandro, Giulio Fella and Leonardo Melosi

HOW WELL DID SOCIAL SECURITY MITIGATE THE EFFECTS OF THE GREAT RECESSION? pp. 1433-1466

William Peterman and Kamila Sommer

Volume 60, issue 05, 2019

FINANCIAL RISK AND UNEMPLOYMENT pp. 475-516

Zvi Eckstein, Ofer Setty and David Weiss

A STRUCTURAL MODEL OF ELECTORAL ACCOUNTABILITY pp. 517-545

S. Boragan Aruoba, Allan Drazen and Razvan Vlaicu

FAMILY FIRMS, BANK RELATIONSHIPS, AND FINANCIAL CONSTRAINTS: A COMPREHENSIVE SCORE CARD pp. 547-593

Alexander Karaivanov, Jesús Saurina and Robert M. Townsend

WAGE VOLATILITY AND CHANGING PATTERNS OF LABOR SUPPLY pp. 595-630

Jay H. Hong, Byoung Hoon Seok and Hye Mi You

THE IMPACT OF BODY WEIGHT ON OCCUPATIONAL MOBILITY AND CAREER DEVELOPMENT pp. 631-660

Matthew C. Harris

IDIOSYNCRATIC RISK, AGGREGATE RISK, AND THE WELFARE EFFECTS OF SOCIAL SECURITY pp. 661-692

Daniel Harenberg and Alexander Ludwig

NETWORK SEARCH: CLIMBING THE JOB LADDER FASTER pp. 693-720

Marcelo Arbex, Dennis O'Dea and David Wiczer

CITY EQUILIBRIUM WITH BORROWING CONSTRAINTS: STRUCTURAL ESTIMATION AND GENERAL EQUILIBRIUM EFFECTS pp. 721-749

Amine Ouazad and Romain Rancière

AN EXPERIMENTAL STUDY OF UNCERTAINTY IN COORDINATION GAMES pp. 751-799

Christos A. Ioannou and Miltiadis Makris

STRATEGIC BIDDING AND CONTRACT RENEGOTIATION pp. 801-820

Hojin Jung, Georgia Kosmopoulou, Carlos Lamarche and Richard Sicotte

MARKET ECONOMIES WITH AN ENDOGENOUS SOCIAL DIVISION OF LABOR pp. 821-849

Robert P. Gilles

BEAUTY PREMIUM AND MARRIAGE PREMIUM IN SEARCH EQUILIBRIUM: THEORY AND EMPIRICAL TEST pp. 851-877

Roberto Bonilla, Francis Kiraly and John Wildman

STRUCTURAL EMPIRICAL EVALUATION OF JOB SEARCH MONITORING pp. 879-903

Gerard J. van den Berg and Bas van der Klaauw

LEARNING AND LIFE CYCLE PATTERNS OF OCCUPATIONAL TRANSITIONS pp. 905-937

Aspen Gorry, Devon Gorry and Nicholas Trachter

EXTREME EVENTS AND OPTIMAL MONETARY POLICY pp. 939-963

Jinill Kim and Francisco Ruge‐Murcia

CURRENCY UNION WITH OR WITHOUT BANKING UNION pp. 965-1003

Vincent Bignon, Régis Breton and Mariana Rojas Breu

LIQUIDITY, MONETARY POLICY, AND UNEMPLOYMENT: A NEW MONETARIST APPROACH pp. 1005-1025

Mei Dong and Sylvia Xiaolin Xiao

Volume 60, issue 02, 2019

2018 KLEIN LECTURE: INDIVIDUAL AND AGGREGATE LABOR SUPPLY IN HETEROGENEOUS AGENT ECONOMIES WITH INTENSIVE AND EXTENSIVE MARGINS pp. 3-24

Yongsung Chang, Sun‐Bin Kim, Kyooho Kwon and Richard Rogerson

THE ELASTICITY OF SUBSTITUTION BETWEEN TIME AND MARKET GOODS: EVIDENCE FROM THE GREAT RECESSION pp. 25-51

Aviv Nevo and Arlene Wong

TESTING THE QUANTAL RESPONSE HYPOTHESIS pp. 53-74

Emerson Melo, Kirill Pogorelskiy and Matthew Shum

SELLING A LEMON UNDER DEMAND UNCERTAINTY pp. 75-103

Kyungmin Kim and Sun Hyung Kim

FINANCIAL SAFETY NETS pp. 105-132

Julien Bengui, Javier Bianchi and Louphou Coulibaly

WORKER INVESTMENTS IN SAFETY, WORKPLACE ACCIDENTS, AND COMPENSATING WAGE DIFFERENTIALS pp. 133-155

José R. Guardado and Nicolas Ziebarth

RETROSPECTIVE VOTING AND PARTY POLARIZATION pp. 157-186

Ignacio Esponda and Demian Pouzo

INSURANCE‐INDUCED MORAL HAZARD: A DYNAMIC MODEL OF WITHIN‐YEAR MEDICAL CARE DECISION MAKING UNDER UNCERTAINTY pp. 187-218

Christopher J. Cronin

UNDERSTANDING PER‐CAPITA INCOME GROWTH IN PREINDUSTRIAL EUROPE pp. 219-240

Nils-Petter Lagerlof

PREFERENCES UNDER IGNORANCE pp. 241-257

Olivier Gossner and Christoph Kuzmics

LATE CAREER JOB LOSS AND THE DECISION TO RETIRE pp. 259-282

Irina Merkurieva

TIME‐VARYING VOLATILITY, DEFAULT, AND THE SOVEREIGN RISK PREMIUM pp. 283-301

Hernán D. Seoane

PRODUCTIVITY OR UNEXPECTED DEMAND SHOCKS: WHAT DETERMINES FIRMS' INVESTMENT AND EXIT DECISIONS? pp. 303-327

Pradeep Kumar and Hongsong Zhang

SUPPLIER INNOVATION IN THE PRESENCE OF BUYER POWER pp. 329-353

Zhiqi Chen

AUCTION–LOTTERY HYBRID MECHANISMS: STRUCTURAL MODEL AND EMPIRICAL ANALYSIS pp. 355-385

Yangguang Huang and Quan Wen

TECHNOLOGY, POLICY DISTORTIONS, AND THE RISE OF LARGE FARMS pp. 387-411

Wenbiao Cai

PRICE DYNAMICS WITH CUSTOMER MARKETS pp. 413-446

Luigi Paciello, Andrea Pozzi and Nicholas Trachter

ON THE TIMING OF PRODUCTION DECISIONS IN MONETARY ECONOMIES pp. 447-472

Nejat Anbarci, Richard Dutu and Ching-jen Sun

Volume 59, issue 11, 2018

THE DYNAMICS OF BERTRAND PRICE COMPETITION WITH COST‐REDUCING INVESTMENTS pp. 1681-1731

Fedor Iskhakov, John Rust and Bertel Schjerning

EVOLUTIONARY CONSUMERS IMPLY MONOPOLIES EXIT pp. 1733-1746

Patrick Hummel and Randolph McAfee

PRODUCT CHOICE UNDER GOVERNMENT REGULATION: THE CASE OF CHILE'S PRIVATIZED PENSION SYSTEM pp. 1747-1783

Elena Krasnokutskaya, Yiyang Li and Petra E. Todd

MULTILATERAL TRADE BARGAINING AND DOMINANT STRATEGIES pp. 1785-1824

Kyle Bagwell and Robert Staiger

A THEORY OF PRUNING pp. 1825-1836

Giovanni Lombardo and Harald Uhlig

WORKER TURNOVER AND UNEMPLOYMENT INSURANCE pp. 1837-1876

Sekyu Choi and Javier Fernández‐Blanco

ESTIMATING THE GAINS FROM TRADE IN THE MARKET FOR PATENT RIGHTS pp. 1877-1904

Carlos J. Serrano

GOVERNMENT DEBT AND BANKING FRAGILITY: THE SPREADING OF STRATEGIC UNCERTAINTY pp. 1905-1925

Russell Cooper and Kalin Nikolov

MULTIPERIOD MATCHING pp. 1927-1947

Sangram V. Kadam and Maciej H. Kotowski

COALITION BARGAINING IN REPEATED GAMES pp. 1949-1967

Arnold Polanski and Fernando Vega‐Redondo

PATENTABILITY, R&D DIRECTION, AND CUMULATIVE INNOVATION pp. 1969-1993

Yongmin Chen, Shiyuan Pan and Tianle Zhang

OPTIMAL COST OVERRUNS: PROCUREMENT AUCTIONS WITH RENEGOTIATION pp. 1995-2021

Fabian Herweg and Marco Schwarz

VALUE OF THE STATUS QUO AND EFFICIENT PARTNERSHIP DISSOLUTION pp. 2023-2042

Murali Agastya and Oleksii Birulin

ECONOMIC ANALYSIS OF SOCIAL SECURITY SURVIVORS INSURANCE pp. 2043-2073

Yue Li

A MODEL OF PATENT TROLLS pp. 2075-2106

Jay Choi and Heiko Gerlach

ZOOMING IN ON AMBIGUITY ATTITUDES pp. 2107-2131

Aurélien Baillon and Aysil Emirmahmutoglu

TESTING FOR MICRO‐EFFICIENCY IN THE HOUSING MARKET pp. 2133-2162

Andre Anundsen and Erling Røed Larsen

INFORMATION ASYMMETRY, MANUFACTURER–RETAILER CONTRACTS, AND TWO‐SIDED ENTRY pp. 2163-2191

Tat Chan, Alvin Murphy and Li Wang

IDENTIFYING EXCHANGE RATE COMMON FACTORS pp. 2193-2218

Ryan Greenaway‐McGrevy, Nelson Mark, Donggyu Sul and Jyh‐Lin Wu

THE EQUITABLE TOP TRADING CYCLES MECHANISM FOR SCHOOL CHOICE pp. 2219-2258

Rustamdjan Hakimov and Onur Kesten

DO MARKETS PROVE PESSIMISTS RIGHT? pp. 2259-2295

Jürgen Eichberger and Ani Guerdjikova

GREAT MODERATION AND GREAT RECESSION: FROM PLAIN SAILING TO STORMY SEAS? pp. 2297-2321

María Gadea, Ana Gómez‐Loscos and Gabriel Pérez‐Quirós

Volume 59, issue 08, 2018

MINING SURPLUS: MODELING JAMES A. SCHMITZ'S LINK BETWEEN COMPETITION AND PRODUCTIVITY pp. 1015-1034

Jeremy Greenwood and David Weiss

PRICE DISPERSION AND DEMAND UNCERTAINTY: EVIDENCE FROM U.S. SCANNER DATA pp. 1035-1075

Benjamin Eden

THE RETURN TO COLLEGE: SELECTION AND DROPOUT RISK pp. 1077-1102

Lutz Hendricks and Oksana Leukhina

PLATFORM PRICING IN MIXED TWO‐SIDED MARKETS pp. 1103-1129

Ming Gao

EXPERIMENTAL AND SELF‐REPORTED MEASURES OF RISK TAKING AND DIGIT RATIO (2D:4D): EVIDENCE FROM A LARGE, SYSTEMATIC STUDY pp. 1131-1157

Pablo Brañas‐Garza, Matteo Galizzi and Jeroen Nieboer

THE ENDOWMENT EFFECT AS BLESSING pp. 1159-1186

Sivan Frenkel, Yuval Heller and Roee Teper

PUBLIC GOOD PROVISION WITH CONSTITUTIONAL CONSTRAINT pp. 1187-1208

Kang Rong

BORDER EFFECTS WITHOUT BORDERS: WHAT DIVIDES JAPAN'S INTERNAL TRADE? pp. 1209-1262

Jens Wrona

COMPETITIVENESS AND STRESS pp. 1263-1281

Songfa Zhong, Idan Shalev, David Koh, Richard P. Ebstein and Soo Hong Chew

MEDICAID AND THE LABOR SUPPLY OF SINGLE MOTHERS: IMPLICATIONS FOR HEALTH CARE REFORM pp. 1283-1313

R. Vincent Pohl

RESIDUAL WAGE DISPERSION WITH EFFICIENCY WAGES pp. 1315-1343

Suphanit Piyapromdee

TAYLOR PROJECTION: A NEW SOLUTION METHOD FOR DYNAMIC GENERAL EQUILIBRIUM MODELS pp. 1345-1373

Oren Levintal

UNIVERSALISM AND THE VALUE OF POLITICAL POWER pp. 1375-1402

Yumi Koh

THE OUTPUT AND WELFARE EFFECTS OF GOVERNMENT SPENDING SHOCKS OVER THE BUSINESS CYCLE pp. 1403-1435

Eric Sims and Jonathan Wolff

SEARCH, ADVERSE SELECTION, AND MARKET CLEARING pp. 1437-1467

Inkoo Cho and Akihiko Matsui

HETEROGENEITY AND THE PUBLIC SECTOR WAGE POLICY pp. 1469-1489

Pedro Gomes

LABOR SUPPLY FACTORS AND ECONOMIC FLUCTUATIONS pp. 1491-1510

Claudia Foroni, Francesco Furlanetto and Antoine Lepetit

THE EFFECT OF AN EARLY CAREER RECESSION ON SCHOOLING AND LIFETIME WELFARE pp. 1511-1545

Naijia Guo

ENDOGENOUS ROLE ASSIGNMENT AND TEAM PERFORMANCE pp. 1547-1569

David J. Cooper and Matthias Sutter

SMOKING AND MORTALITY: NEW EVIDENCE FROM A LONG PANEL pp. 1571-1619

Michael Darden, Donna B. Gilleskie and Koleman Strumpf

ON THE WELFARE EFFECTS OF CREDIT ARRANGEMENTS pp. 1621-1651

Jonathan Chiu, Mei Dong and Enchuan Shao

HOUSING PRICE AND FUNDAMENTALS IN A TRANSITION ECONOMY: THE CASE OF THE BEIJING MARKET pp. 1653-1677

Bing Han, Lu Han and Guozhong Zhu

Volume 59, issue 05, 2018

ECONOMICS: BETWEEN PREDICTION AND CRITICISM pp. 367-390

Itzhak Gilboa, Andrew Postlewaite, Larry Samuelson and David Schmeidler

COMPARING PUBLIC PROCUREMENT AUCTIONS pp. 391-419

Francesco Decarolis

RUMORS AND SOCIAL NETWORKS pp. 421-448

Francis Bloch, Gabrielle Demange and Rachel Kranton

RETAKING IN HIGH STAKES EXAMS: IS LESS MORE? pp. 449-477

Kala Krishna, Sergey Lychagin and Veronica Frisancho

THE POLITICS OF FDI EXPROPRIATION pp. 479-510

Marina Azzimonti

TESTING THE THEORY OF MULTITASKING: EVIDENCE FROM A NATURAL FIELD EXPERIMENT IN CHINESE FACTORIES pp. 511-536

Fuhai Hong, Tanjim Hossain, John List and Migiwa Tanaka

MULTIATTRIBUTE UTILITY THEORY, INTERTEMPORAL UTILITY, AND CORRELATION AVERSION pp. 537-555

Steffen Andersen, Glenn Harrison, Morten Lau and E. Elisabet Rutström

LEARNING MATTERS: REAPPRAISING OBJECT ALLOCATION RULES WHEN AGENTS STRATEGICALLY INVESTIGATE pp. 557-592

Patrick Harless and Vikram Manjunath

BANKRUPTCY AND DELINQUENCY IN A MODEL OF UNSECURED DEBT pp. 593-623

Kartik Athreya, Juan M. Sánchez, Xuan S. Tam and Eric Young

WHAT DO VARS TELL US ABOUT THE IMPACT OF A CREDIT SUPPLY SHOCK? pp. 625-646

Haroon Mumtaz, Gabor Pinter and Konstantinos Theodoridis

DOES TECHNOLOGICAL PROGRESS MAGNIFY REGIONAL DISPARITIES? pp. 647-663

Takatoshi Tabuchi, Jacques Thisse and Xiwei Zhu

PERSISTENCE AND VOLATILITY OF BEVERIDGE CYCLES pp. 665-698

Florian Sniekers

PORTFOLIO REBALANCING AND ASSET PRICING WITH HETEROGENEOUS INATTENTION pp. 699-726

Omar Rachedi

ENTRY REGULATIONS, WELFARE, AND DETERMINANTS OF MARKET STRUCTURE pp. 727-756

Florin G. Maican and Matilda Orth

CROSS†BORDER MARRIAGE COSTS AND MARRIAGE BEHAVIOR: THEORY AND EVIDENCE pp. 757-784

Yoram Weiss, Junjian Yi and Junsen Zhang

AGE†DEPENDENT TAXES WITH ENDOGENOUS HUMAN CAPITAL FORMATION pp. 785-823

Carlos Eugênio da Costa and Marcelo R. Santos

ON THE TAXATION OF DURABLE GOODS pp. 825-857

Sebastian Koehne

AN OVER†THE†COUNTER APPROACH TO THE FOREX MARKET pp. 859-905

Athanasios Geromichalos and Kuk Mo Jung

RELIGIONS, FERTILITY, AND GROWTH IN SOUTHEAST ASIA pp. 907-946

David de la Croix and Clara Delavallade

BETTER LATER THAN NEVER? AN EXPERIMENT ON BARGAINING UNDER ADVERSE SELECTION pp. 947-971

Olivier Bochet and Simon Siegenthaler

CREDIT RATING AND DEBT CRISES pp. 973-987

Steinar Holden, Gisle Natvik and Adrien Vigier

OUTPUT CONTINGENT SECURITIES AND EFFICIENT INVESTMENT BY FIRMS pp. 989-1012

Luis H. B. Braido and V. Filipe Martins†da†Rocha

Volume 59, issue 02, 2018

COLLECTIVE REPUTATION AND THE DYNAMICS OF STATISTICAL DISCRIMINATION pp. 3-18

Young†Chul Kim and Glenn C. Loury

TRADE DISPUTES AND SETTLEMENT pp. 19-50

Giovanni Maggi and Robert Staiger

INDUSTRY DYNAMICS AND THE MINIMUM WAGE: A PUTTY†CLAY APPROACH pp. 51-84

Daniel Aaronson, Eric French, Isaac Sorkin and Ted To

HOW IMPORTANT ARE TERMS†OF†TRADE SHOCKS? pp. 85-111

Stephanie Schmitt†Grohé and Martín Uribe

WHY DO CHILDREN TAKE CARE OF THEIR ELDERLY PARENTS? ARE THE JAPANESE ANY DIFFERENT? pp. 113-136

Charles Horioka, Emin Gahramanov, Aziz Hayat and Xueli Tang

DO LIES ERODE TRUST? pp. 137-161

Glynis Gawn and Robert Innes

ON STRATEGY†PROOFNESS AND THE SALIENCE OF SINGLE†PEAKEDNESS pp. 163-189

Shurojit Chatterji and Jordi Massó

SINGLE MOMS AND DEADBEAT DADS: THE ROLE OF EARNINGS, MARRIAGE MARKET CONDITIONS, AND PREFERENCE HETEROGENEITY pp. 191-232

Andrew Beauchamp, Geoffrey Sanzenbacher, Shannon Seitz and Meghan Skira

MONOPOLY INSURANCE AND ENDOGENOUS INFORMATION pp. 233-255

Johan N. M. Lagerlöf and Christoph Schottmüller

SOCIAL INTERACTIONS IN LARGE NETWORKS: A GAME THEORETIC APPROACH pp. 257-284

Haiqing Xu

UNIFIED CHINA AND DIVIDED EUROPE pp. 285-327

Chiu Yu Ko, Mark Koyama and Tuan†Hwee Sng

ON THE SOURCES OF UNCERTAINTY IN EXCHANGE RATE PREDICTABILITY pp. 329-357

Joseph Byrne, Dimitris Korobilis and Pinho Ribeiro