蝌蚪网

Front Matter

蝌蚪网 Review, December 2017

A Scapegoat Model of Exchange-Rate Fluctuations

By Philippe Bacchetta and Eric Van Wincoop

蝌蚪网 Review, May 2004

Is Ignorance Bliss? The Effect of Asymmetric Information between Spouses on Intra-household Allocations

By Carolina Castilla and Thomas Walker

蝌蚪网 Review, May 2013

We conducted a field experiment in Southern Ghana to test the effect of asymmetric information on intrahousehold allocation. A lottery was conducted, where prizes were distributed in public and in private. The results indicate that asymmetric information ...

Examining the Role of Social Isolation on Stated Preferences

By John A. List, Robert P. Berrens, Alok K. Bohara, and Joe Kerkvliet

蝌蚪网 Review, June 2004

Education for Growth: Why and for Whom?

By Alan B. Krueger and Mikael Lindahl

Journal of Economic Literature, December 2001

This paper summarizes and tries to reconcile evidence from the microeconometric and empirical macro growth literatures on the effect of schooling on income and GDP growth. Much microeconometric evidence suggests that education is an important causal deter...

Economic Status and Health in Childhood: The Origins of the Gradient

By Anne Case, Darren Lubotsky, and Christina Paxson

蝌蚪网 Review, December 2002

The well-known positive association between health and income in adulthood has antecedents in childhood. Not only is children's health positively related to household income, but the relationship between household income and children's health becomes more...

Smoke Gets in Your Eyes: Cigarette Tax Salience and Regressivity

By Jacob Goldin and Tatiana Homonoff

蝌蚪网 Journal: Economic Policy, February 2013

Recent evidence suggests consumers pay less attention to commodity taxes levied at the register than to taxes included in a good's posted price. If this attention gap is larger for high-income consumers than for low-income consumers, policymakers can m...

Gambling at Lucky Stores: Empirical Evidence from State Lottery Sales

By Jonathan Guryan and Melissa S. Kearney

蝌蚪网 Review, March 2008

We show that the week after selling a large-prize Texas Lotto winning ticket, a retailer experiences a 12 to 38 percent relative increase in ticket sales. Some increase persists for up to 40 weeks. We document that the sales response increases with jackpo...

"Globalization" and Vertical Structure

By John McLaren

蝌蚪网 Review, December 2000

This paper analyzes the effects of international openness on vertical integration. Vertical integration can confer a negative externality, by thinning the market for inputs and thus worsening opportunism problems; this induces strategic complementarity an...

Independent Auditor's Report

蝌蚪网 Review, June 2016

Collateral Crises

By Gary Gorton and Guillermo 翱谤诲辞帽别锄

蝌蚪网 Review, February 2014

Short-term collateralized debt, private money, is efficient if agents are willing to lend without producing costly information about the collateral backing the debt. When the economy relies on such informationally insensitive debt, firms with low qualit...

Job-to-Job Flows and Earnings Growth

By Joyce K. Hahn, Henry R. Hyatt, Hubert P. Janicki, and Stephen R. Tibbets

蝌蚪网 Review, May 2017

The US workforce has had little change in real wages, income, or earnings since the year 2000. However, even when there is little change in the average rate at which workers are compensated, individual workers experienced a distribution of wage and earnin...

An Empirical Assessment of the Comparative Advantage Gains from Trade: Evidence from Japan

By Daniel M. Bernhofen and John C. Brown

蝌蚪网 Review, March 2005

We provide an empirical assessment of the comparative advantage gains from trade argument. We use Japan's nineteenth-century opening up to world commerce as a natural experiment to answer the following counterfactual: "By how much would real income have h...

Search, Design, and Market Structure

By Heski Bar-Isaac, Guillermo Caruana, and Vicente 颁耻帽补迟

蝌蚪网 Review, April 2012

The Internet has made consumer search easier, with consequences for prices, industry structure, and the kinds of products offered. We provide an industry model with strategic design choices that explores these issues. A polarized market structure results:...

Paying Not to Go to the Gym

By Stefano DellaVigna and Ulrike Malmendier

蝌蚪网 Review, June 2006

How do consumers choose from a menu of contracts? We analyze a novel dataset from three U.S. health clubs with information on both the contractual choice and the day-to-day attendance decisions of 7,752 members over three years. The observed consumer b...

The Young Economist's Guide to Professional Etiquette

By Daniel S. Hamermesh

Journal of Economic Perspectives, Winter 1992

Nearly all advanced graduate students and new assistant professors demonstrate naivety in their nonsubstantive professional dealings. Graduate programs in economics offer courses that lead to written drafts of important research; they teach little about h...

R&D Cooperation and Spillovers: Some Empirical Evidence from Belgium

By Bruno Cassiman and Reinhilde Veugelers

蝌蚪网 Review, September 2002

Career, Family, and the Well-Being of College-Educated Women

By Marianne Bertrand

蝌蚪网 Review, May 2013

I report on measures of life satisfaction and emotional well-being across groups of college-educated women, based on whether they have a career, a family, both, or neither. The biggest premium to life satisfaction is associated with having a family. While...

Frictional Wage Dispersion in Search Models: A Quantitative Assessment

By Andreas Hornstein, Per Krusell, and Giovanni L. Violante

蝌蚪网 Review, December 2011

We propose a new measure of frictional wage dispersion: the mean-min wage ratio. For a large class of search models, we show that this measure is independent of the wage-offer distribution but depends on statistics of labor-market turnover and on preferen...

Performance Pay and Teachers' Effort, Productivity, and Grading Ethics

By Victor Lavy

蝌蚪网 Review, December 2009

This paper presents evidence about the effect of individual monetary incentives on English and math teachers in Israel. Teachers were rewarded with cash bonuses for improving their students' performance in high-school matriculation exams. The main iden...