蝌蚪网

Disentangling Insurance and Information in Intertemporal Consumption Choices

By Katja Kaufmann and Luigi Pistaferri

蝌蚪网 Review, May 2009

Persuasion by Cheap Talk

By Archishman Chakraborty and Rick Harbaugh

蝌蚪网 Review, December 2010

We consider the credibility, persuasiveness, and informativeness of multidimensional cheap talk by an expert to a decision maker. We find that an expert with state-independent preferences can always make credible comparative statements that trade off the ...

Designing Institutions to Deal with Terrorism in the United States

By Martin Feldstein

蝌蚪网 Review, May 2008

Can Contract Theory Explain Social Preferences?

By W. Bentley MacLeod

蝌蚪网 Review, May 2007

Corrigendum: Measuring the Output Responses to Fiscal Policy

By Alan J. Auerbach and Yuriy Gorodnichenko

蝌蚪网 Journal: Economic Policy, August 2013

The published version of our paper had an accounting mistake in the construction of one time series. This note describes the mistake and presents results based on corrected data. The revised results are very similar to those originally reported.

The Effects of Population Aging on the Relationship among Aggregate Consumption, Saving, and Income

By Karen E. Dynan, Wendy Edelberg, and Michael G. Palumbo

蝌蚪网 Review, May 2009

Incomplete Contracts and Ownership: Some New thoughts

By Oliver Hart and John Moore

蝌蚪网 Review, May 2007

Heuristics and Biases in Retirement Savings Behavior

[Symposium: The Adequacy of Retirement Saving]

By Shlomo Benartzi and Richard Thaler

Journal of Economic Perspectives, Summer 2007

Standard economic theories of saving implicitly assume that households have the cognitive ability to solve the relevant optimization problem and the willpower to execute the optimal plan. Both of the implicit assumptions are suspect. Even among economists...

Optimal Monetary Policy Rules in an Estimated Sticky-Information Model

By Ricardo Reis

蝌蚪网 Journal: Macroeconomics, July 2009

This paper uses a dynamic stochastic general equilibrium (DSGE) model with sticky information as a laboratory to study monetary policy. It characterizes the model's predictions for macro dynamics and optimal policy at prior parameters, and then uses da...

Immigration and Poverty in the United States

By Steven Raphael and Eugene Smolensky

蝌蚪网 Review, May 2009

Seniority, Wages and Productivity: A Turbulent Decade

[Symposium: Seniority and Wages]

By Robert M. Hutchens

Journal of Economic Perspectives, Fall 1989

Why does a worker's wage tend to grow with seniority in the firm, and what does this have to do with productivity? Two decades ago, neoclassical labor economists thought that the theory of human capital provided a good answer to this question. The last de...

Treatment Effects and Informative Missingness with an Application to Bank Recapitalization Programs

By Angela Vossmeyer

蝌蚪网 Review, May 2014

This article develops a Bayesian framework for estimating multivariate treatment effect models in the presence of sample selection. The methodology is applied to a banking study that evaluates the effectiveness of lender of last resort (LOLR) policies and...

Antitrust and Merger Policy: A Review and Critique

[Symposium: Horizontal Mergers and Antitrust]

By Lawrence J. White

Journal of Economic Perspectives, Fall 1987

This review will consider the Department of Justice Merger Guidelines of the 1980s, discussing market definition, market share concentration and entry conditions, consideration of other market characteristics, and cost efficiencies. It will also assess th...

Optimal Learning Patterns for Creativity Generation in a Field

By Jonathan S. Feinstein

蝌蚪网 Review, May 2011

I present a model of optimal learning for creativity generation in a field. The field is defined as a knowledge structure. A creative contribution is based on combining two previously unconnected elements, generating a new element. Individuals may possess...

Some Evolutionary Economics of Family Partnerships

By Theodore C. Bergstrom

蝌蚪网 Review, May 2007

The Geography of Conflicts and Regional Trade Agreements

By Philippe Martin, Thierry Mayer, and Mathias Thoenig

蝌蚪网 Journal: Macroeconomics, October 2012

In addition to standard trade gains, regional trade agreements (RTAs) can promote peaceful relations by increasing the opportunity cost of conflicts. Country pairs with large trade gains from RTAs and a high probability of conflict should be more likely t...

Symposium on Health Care Reform

[Symposium: Health Care Reform]

By Joseph P. Newhouse

Journal of Economic Perspectives, Summer 1994

The papers in this symposium focus on two major issues of health economics in the context of President Clinton's Health Security Act: cost containment and labor market effects of financing insurance. The act proposes to limit public and private spending; ...

Matching and Price Competition: Comment

By Fuhito Kojima

蝌蚪网 Review, June 2007

A Guide to Health Care Reform

[Symposium: Health Care Reform]

By David M. Cutler

Journal of Economic Perspectives, Summer 1994

There are four rationales for health care reform: increasing the efficiency of health delivery; reforming the market for health insurance; providing universal coverage; and reducing the federal deficit. These goals are reflected in most reform proposals. ...

Cost-Benefit Analysis and the Classical Creed

By Joseph Persky

Journal of Economic Perspectives, Fall 2001