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Front Matter

蝌蚪网 Journal: Microeconomics, February 2017

Correction and Update: The Economic Effects of Climate Change

By Richard S. J. Tol

Journal of Economic Perspectives, Spring 2014

Gremlins intervened in the preparation of my paper "The Economic Effects of Climate Change" published in the Spring 2009 issue of this journal. In Table 1 of that paper, titled "Estimates of the Welfare Impact of Climate Change," minus signs were dropped ...

Correction: Governance and Growth in Sub-Saharan Africa

By Benno J. Ndulu and Stephen A. O'Connell

Journal of Economic Perspectives, Summer 2000

Estimation of an Education Production Function under Random Assignment with Selection

By Eleanor Jawon Choi, Hyungsik Roger Moon, and Geert Ridder

蝌蚪网 Review, May 2014

This paper estimates an education production function using data on the College Scholastic Ability Test score and high school characteristics from Seoul, Korea, where, on entering high school, students are randomly assigned to schools within each school d...

Retrospectives: The Cyclical Behavior of Labor Productivity and the Emergence of the Labor Hoarding Concept

By Jeff E. Biddle

Journal of Economic Perspectives, Spring 2014

The concept of "labor hoarding," at least in its modern form, was first fully articulated in the early 1960s by Arthur Okun (1963). By the end of the 20th century, the concept of "labor hoarding" had become an accepted part of economists' explanations of ...

Notes

Journal of Economic Perspectives, Summer 2000

Recommendations for Further Reading

Journal of Economic Perspectives, Summer 1998

Recommendations for Further Reading

By Bernard Saffran

Journal of Economic Perspectives, Summer 2000

Over My Dead Body: Bargaining and the Price of Dignity

By Roland Benabou and Jean Tirole

蝌蚪网 Review, May 2009

Myths and Realities of American Political Geography

[Symposium: Red and Blue States]

By Edward L. Glaeser and Bryce A. Ward

Journal of Economic Perspectives, Spring 2006

The division of America into red states and blue states misleadingly suggests that states are split into two camps, but along most dimensions, like political orientation, states are on a continuum. By historical standards, the number of swing states is no...

Does Where You Stand Depend on Where You Sit? Tithing Donations and Self-Serving Beliefs

By Gordon B. Dahl and Michael R. Ransom

蝌蚪网 Review, September 1999

Economists and psychologists argue that individuals skew personal beliefs to accord with their own interests. To test for the presence of self-serving beliefs, we surveyed 1,200 members of the Mormon Church about tithing. A tithe is a voluntary contributi...

More Money, More Problems? Can High Pay Be Coercive and Repugnant?

By Sandro Ambuehl, Muriel Niederle, and Alvin E. Roth

蝌蚪网 Review, May 2015

IRBs can disallow high incentives they deem coercive. A vignette study on MTurk concerning participation in medical trials shows that a substantial minority of subjects concurs. They think high incentives cause more regret, and that more people would be b...

Welfare-Enhancing Technological Change and the Growth of Obesity

By Darius Lakdawalla, Tomas Philipson, and Jay Bhattacharya

蝌蚪网 Review, May 2005

The Mystery of Monogamy

By Eric D. Gould, Omer Moav, and Avi Simhon

蝌蚪网 Review, March 2008

We examine why developed societies are monogamous while rich men throughout history have typically practiced polygyny. Wealth inequality naturally produces multiple wives for rich men in a standard model of the marriage market. However, we demonstrate ...

Lending Booms, Smart Bankers, and Financial Crises

By Anjan Thakor

蝌蚪网 Review, May 2015

This paper develops a theory that explains why financial crises follow profitable lending booms. When agents exhibit the "availability heuristic" and there is a long period of banking profitability, all agents—banks, their investors, and regulators&...

Understanding the Changing Structure of Scientific Inquiry

By Ajay Agrawal, Avi Goldfarb, and Florenta Teodoridis

蝌蚪网 Journal: Applied Economics, January 2016

The fall of the Iron Curtain led to an influx of new mathematical ideas into western science. We show that research teams grew disproportionately in size in subfields of mathematics in which the Soviets were strongest. This is consistent with the knowledg...

Social Culture and Economic Performance

By Hanming Fang

蝌蚪网 Review, September 2001

The connection between obtaining higher paying jobs and undertaking some seemingly irrelevant activity is interpreted as "social culture." In the context of a society trying to adopt a new technology, I show that by allowing the firms to give preferential...

Achieving Efficiency in Dynamic Contribution Games

By 闯补办拧补 颁惫颈迟补苍颈膰 and George Georgiadis

蝌蚪网 Journal: Microeconomics, November 2016

We analyze a game in which a group of agents exerts costly effort over time to make progress on a project. The project is completed once the cumulative effort reaches a prespecified threshold, at which point it generates a lump-sum payoff. We characterize...

Oil and the Macroeconomy Since the 1970s

By Robert B. Barsky and Lutz Kilian

Journal of Economic Perspectives, Fall 2004

Increases in oil prices have been held responsible for recessions, periods of excessive inflation, reduced productivity and lower economic growth. In this paper, we review the arguments supporting such views. First, we highlight some of the conceptual dif...

Religious Conversion in Colonial Africa

By Nathan Nunn

蝌蚪网 Review, May 2010