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Did Improvements in Household Technology Cause the Baby Boom? Evidence from Electrification, Appliance Diffusion, and the Amish

By Martha J. Bailey and William J. Collins

òòò½Íø Journal: Macroeconomics, April 2011

We examine the hypothesis that advances in household technology caused the US baby boom, and we find no support for this claim. Advances in household technology occurred before the baby boom, while fertility declined. From 1940 to 1960, levels/changes in ...

Personality Traits and Performance Contracts: Evidence from a Field Experiment among Maternity Care Providers in India

By Katherine Donato, Grant Miller, Manoj Mohanan, Yulya Truskinovsky, and Marcos ³Õ±ð°ù²¹-±á±ð°ù²Ôá²Ô»å±ð³ú

òòò½Íø Review, May 2017

We study how agents respond to performance incentives according to key personality traits (conscientiousness and neuroticism) through a field experiment offering financial incentives for improving maternal and neonatal health outcomes to rural Indian doct...

Antitrust Policy: A Century of Economic and Legal Thinking

[Symposium: Looking Backward at Economics and the Economy]

By William E. Kovacic and Carl Shapiro

Journal of Economic Perspectives, Winter 2000

This article follows the evolution of thinking about competition since the passage of the Sherman Act in 1890 as reflected by major antitrust decisions and research in industrial organization. We divide the U.S. antitrust experience into five periods and ...

Inequality, Leverage, and Crises

By Michael Kumhof, Romain ¸é²¹²Ô³¦¾±Ã¨°ù±ð, and Pablo Winant

òòò½Íø Review, March 2015

The paper studies how high household leverage and crises can be caused by changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of high-income households, a large increase ...

Markets: Gift Cards

By Jennifer Pate Offenberg

Journal of Economic Perspectives, Spring 2007

The Mobil Oil Company introduced the first retail gift card that recorded value on a magnetic strip in 1995. In under a decade, such gift cards replaced apparel as the number one item sold during the Christmas season. This study will discuss the reasons f...

Macroeconomics and Methodology

[Symposium: Computational Experiments in Macroeconomics]

By Christopher A. Sims

Journal of Economic Perspectives, Winter 1996

Probabilistic reasoning is essential to discourse in economics. This is true in any discipline in which, as in economics, data collection is constrained and beliefs about the phenomena being studied are crucial to decisions that cannot be delayed. Some ec...