蝌蚪网

Members of a rock and roll band are endowed with different amounts of creativity. They match, compose songs, and share credit. The presence of more creative members increases the probability of success, but those more creative members may also claim a lar...

www.aeaweb.org/articles?id=10.1257/aer.101.3.217

Accounting for Saving and Capital Formation in the United States, 1947-1991

By Richard Ruggles

Journal of Economic Perspectives, Spring 1993

This paper is concerned with accounting for the saving and capital formation taking place in different sectors of the U.S. economy. In brief, where does saving arise and where is it used? Do some sectors save more than they spend for capital formation and...

www.aeaweb.org/articles?id=10.1257/jep.7.2.3

The Miracle of Microfinance? Evidence from a Randomized Evaluation

By Abhijit Banerjee, Esther Duflo, Rachel Glennerster, and Cynthia Kinnan

蝌蚪网 Journal: Applied Economics, January 2015

This paper reports results from the randomized evaluation of a group-lending microcredit program in Hyderabad, India. A lender worked in 52 randomly selected neighborhoods, leading to an 8.4 percentage point increase in takeup of microcredit. Small busine...

www.aeaweb.org/articles?id=10.1257/app.20130533

Rules of Thumb versus Dynamic Programming

By Martin Lettau and Harald Uhlig

蝌蚪网 Review, March 1999

This paper studies decisionmaking with rules of thumb in the context of dynamic decision problems and compares it to dynamic programming. A rule is a fixed mapping from a subset of states into actions. Rules are compared by averaging over past experiences...

www.aeaweb.org/articles?id=10.1257/aer.89.1.148

A Biological Model of Unions

By Michael Kremer and Benjamin A. Olken

蝌蚪网 Journal: Applied Economics, April 2009

This paper applies principles from evolutionary biology to the study of unions. We show that unions that implement the preferred wage and organizing policies of workers will be displaced in evolutionary competition by unions that either extract less fr...

www.aeaweb.org/articles?id=10.1257/app.1.2.150

The Importance of Information Targeting for School Choice

By Kehinde F. Ajayi, Willa H. Friedman, and Adrienne M. Lucas

蝌蚪网 Review, May 2017

Although school choice programs are common, we know little about the underlying decision-making processes. In this study, we randomly assigned 900 junior high schools in Ghana, a country with universal secondary school choice, to 1 of 3 treatment arms: (1...

www.aeaweb.org/articles?id=10.1257/aer.p20171131

The Political Geography of Tax H(e)avens and Tax Hells

By Nico A. Hansen and Anke S. Kessler

蝌蚪网 Review, September 2001

www.aeaweb.org/articles?id=10.1257/aer.91.4.1103

A Spatial Theory of Trade

By Esteban Rossi-Hansberg

蝌蚪网 Review, December 2005

The equilibrium relationship between trade and the spatial distribution of economic activity is fundamental to the analysis of national and regional trade patterns, as well as to the effect of trade frictions. We study this relationship using a trade mode...

www.aeaweb.org/articles?id=10.1257/000282805775014371

The Performance of Forecast-Based Monetary Policy Rules Under Model Uncertainty

By Andrew Levin, Volker Wieland, and John C. Williams

蝌蚪网 Review, June 2003

We investigate the performance of forecast-based monetary policy rules using five macroeconomic models that reflect a wide range of views on aggregate dynamics. We identify the key characteristics of rules that are robust to model uncertainty; such rules ...

www.aeaweb.org/articles?id=10.1257/000282803322157016

The Gastroenterology Fellowship Market: Should There Be a Match?

By Muriel Niederle and Alvin E. Roth

蝌蚪网 Review, May 2005

www.aeaweb.org/articles?id=10.1257/000282805774669691

The Neoclassical Advent: 蝌蚪网s at the Dawn of the 20th Century

[Symposium: Looking Backward at Economics and the Economy]

By Joseph Persky

Journal of Economic Perspectives, Winter 2000

For the U.S. economy, the last quarter of the 19th century brought the closing of the Western frontier, agricultural hardship in the South, the rise of large corporations and trusts, and the emergence of a serious labor movement. The fledgling American ec...

www.aeaweb.org/articles?id=10.1257/jep.14.1.95