蝌蚪网

All for One? Family Size and Children's Educational Distribution under Credit Constraints

By Jeanne Lafortune and Soohyung Lee

蝌蚪网 Review, May 2014

This paper examines the possibility that a child's years of schooling could increase in the number of siblings, instead of being diminished by competition for parents' resources: if unable to finance the education of their younger children, parents may do...

The Bundling of Academic 蝌蚪网

By Aaron S. Edlin and Daniel L. Rubinfeld

蝌蚪网 Review, May 2005

Is the US Public Corporation in Trouble?

[Symposium: The Modern Corporation]

By Kathleen M. Kahle and Ren茅 M. Stulz

Journal of Economic Perspectives, Summer 2017

We examine the current state of the US public corporation and how it has evolved over the last 40 years. After falling by 50 percent since its peak in 1997, the number of public corporations is now smaller than 40 years ago. These corporations are now...

Catching Up with the Economy

By Robert W. Fogel

蝌蚪网 Review, March 1999

The Political Economy of Debt Bondage

By Ulf von Lilienfeld-Toal and Dilip Mookherjee

蝌蚪网 Journal: Microeconomics, August 2010

What are the effects of restricting bonded labor clauses in tenancy or debt contracts? While such restrictions reduce agents' ability to credibly commit ex ante to repay principals in states where they default on their financial obligations, they also gen...

Meese-Rogoff Redux: Micro-Based Exchange-Rate Forecasting

By Martin D. D. Evans and Richard K. Lyons

蝌蚪网 Review, May 2005

Balance Sheets and Exchange Rate Policy

By Luis Felipe 颁茅蝉辫别诲别蝉, Roberto Chang, and 础苍诲谤茅蝉 Velasco

蝌蚪网 Review, September 2004

Monetary Policy and Market Interest Rates

By Tore Ellingsen and Ulf Soderstrom

蝌蚪网 Review, December 2001

Departure Times in Y-Shaped Traffic Networks with Multiple Bottlenecks

By Terry E. Daniel, Eyran J. Gisches, and Amnon Rapoport

蝌蚪网 Review, December 2009

We study the departure time decisions of commuters traversing a traffic network with the goal of arriving at a common destination at a specified time. There are costs associated with arriving either too early or too late, and with delays experienced at bo...

Technology Improves Learning in Large Principles of Economics Classes: Using Our WITS

By Sheryl B. Ball, Catherine Eckel, and Christian Rojas

蝌蚪网 Review, May 2006

The Determinants of Equilibrium Unemployment

By Eran Yashiv

蝌蚪网 Review, December 2000

The paper takes the search and matching model of the aggregate labor market to the data. It tests the model's empirical validity and employs structural estimation to generate a characterization of the optimal behavior of firms and workers. The model is ap...

Estimating the Value of a Statistical Life: The Importance of Omitted Variables and Publication Bias

By Orley Ashenfelter and Michael Greenstone

蝌蚪网 Review, May 2004

A Review of David Colander's The Making of an Economist, Redux

By Daniel S. Hamermesh

Journal of Economic Literature, June 2008

David Colander's update/reworking of his 1987 volume draws conclusions about graduate study in economics from interviews with students in selected leading U.S. programs. Although not formally statistical, the interviews support the conclusion that most...

How Local Are Labor Markets? Evidence from a Spatial Job Search Model

By Alan Manning and Barbara Petrongolo

蝌蚪网 Review, October 2017

This paper models the optimal search strategies of the unemployed across space to characterize local labor markets. Our methodology allows for linkages between numerous areas, while preserving tractability. We estimate that labor markets are quite local, ...

Demand Reduction in Multiunit Auctions: Evidence from a Sportscard Field Experiment

By John A. List and David Lucking-Reiley

蝌蚪网 Review, September 2000

Socioeconomic Differences in the Adoption of New Medical Technologies

By Dana Goldman and James P. Smith

蝌蚪网 Review, May 2005

AIG in Hindsight

[Symposium: The Bailouts of 2007-2009]

By Robert McDonald and Anna Paulson

Journal of Economic Perspectives, Spring 2015

The near-failure on September 16, 2008, of American International Group (AIG) was an iconic moment in the financial crisis. Two large bets on real estate made with funding vulnerable to bank-run-like dynamics pushed AIG to the brink of bankruptcy. AIG use...

Economic Catastrophe Bonds

By Joshua D. Coval, Jakub W. Jurek, and Erik Stafford

蝌蚪网 Review, June 2009

The central insight of asset pricing is that a security's value depends both on its distribution of payoffs across economic states and on state prices. In fixed income markets, many investors focus exclusively on estimates of expected payoffs, such as ...

Is Lottery Gambling Addictive?

By Jonathan Guryan and Melissa S. Kearney

蝌蚪网 Journal: Economic Policy, August 2010

We present an empirical test for the addictiveness of lottery gambling that exploits an exogenous shock to local market consumption of lottery gambling. It uses the sale of a winning jackpot ticket in a zip code as an instrument for present consumption an...

Distinguished Lecture on Economics in Government: Reflections on Managing Global Integration

By Lawrence H. Summers

Journal of Economic Perspectives, Spring 1999

On the topic of globalization and economic integration, I want to address five subjects: The first is the extent of global integration that has taken place and that lies in prospect. The second is the broad case for economic integration and why domestic a...