蝌蚪网

Optimal Proof Burdens, Deterrence, and the Chilling of Desirable Behavior

By Louis Kaplow

蝌蚪网 Review, May 2011

The optimal stringency of the burden of proof is characterized in a model in which relaxing the proof burden enhances deterrence but also chills desirable behavior. The result are strikingly different from those in prior work that uses a simpler model in ...

The Rise of Fringe Competitors in the Wake of an Emerging Middle Class: An Empirical Analysis

By Alon Eizenberg and Alberto Salvo

蝌蚪网 Journal: Applied Economics, July 2015

The "emerging middle class" is a force of economic importance in many consumer markets around the globe. A striking phenomenon in some of these markets is the growth of "generic," low-price brands. This paper examines these phenomena in Brazil's large sof...

Front Matter

蝌蚪网 Review, March 2010

Front Matter includes photograph of Angus S. Deaton as part of a series of photographs of past presidents of the Association.

Minutes of the Meeting of the Executive Committee: Chicago, IL, April 27, 2012

By John J. Siegfried

蝌蚪网 Review, May 2013

The Political Economy of the Budget Surplus in the United States

[Symposium: Fiscal Policy]

By Alberto Alesina

Journal of Economic Perspectives, Summer 2000

Current surpluses in the U.S. have been achieved by a combination of a strong economy, low interest rates, and sharp cuts in defense spending. These surpluses follow a period (the 1980s) of rather exceptional budget deficit. This paper investigates the or...

The Effects of Peer Group Heterogeneity on the Production of Human Capital at West Point

By David S. Lyle

蝌蚪网 Journal: Applied Economics, October 2009

Understanding how heterogeneity in peer group composition affects academic attainment has important implications for how schools organize students in group settings. The random assignment of cadets to companies at West Point affords an opportunity to i...

Comparing Apples to Oranges: Productivity Convergence and Measurement across Industries and Countries: Reply

By Andrew B. Bernard and Charles I. Jones

蝌蚪网 Review, September 2001

Distinguished Lecture on Economics in Government: The Economist vs. Madmen in Authority

By Isabel V. Sawhill

Journal of Economic Perspectives, Summer 1995

This lecture, given to the Society of Government Economists in January 1995, examines the influence of research on policy and vice versa using three widely believed propositions. The first is that government spending is wasteful or ineffective and can rea...

Rent Preservation and the Persistence of Underdevelopment

By Raghuram G. Rajan

蝌蚪网 Journal: Macroeconomics, January 2009

When citizens in a poor constrained society are unequally endowed, they are likely to find it hard to agree on reforms, even though the status quo hurts them collectively. Each citizen group or constituency prefers reforms that expand its opportunities...

Minutes of the Meeting of the Executive Committee: Chicago, IL, April 23, 2010

By John J. Siegfried

蝌蚪网 Review, May 2011

Uncertainty and Economic Activity: Evidence from Business Survey Data

By 搁眉诲颈驳别谤 Bachmann, Steffen Elstner, and Eric R. Sims

蝌蚪网 Journal: Macroeconomics, April 2013

This paper uses survey expectations data to construct empirical proxies for time-varying business-level uncertainty. Access to the micro data from the German IFO Business Climate Survey permits construction of uncertainty measures based on both ex ante di...

The Role of Firms in Gender Earnings Inequality: Evidence from the United States

By Isaac Sorkin

蝌蚪网 Review, May 2017

This paper documents that in the US, men are more likely than women to work in both high-wage firms and high-wage industries. I then ask why this sorting occurs. I consider two main explanations: men and women have different preferences, and men and women...

Reputations, Relationships, and Contract Enforcement

By W. Bentley MacLeod

Journal of Economic Literature, September 2007

When the quality of a good is at the discretion of the seller, how can buyers assure that the seller provides the mutually efficient level of quality? Contracts that provide a bonus to the seller if the quality is acceptable or impose a penalty on the s...

The Core Matchings of Markets with Transfers

By Christopher P. Chambers and Federico Echenique

蝌蚪网 Journal: Microeconomics, February 2015

We characterize the structure of the set of core matchings of an assignment game (a two-sided market with transfers). Such a set satisfies a property we call consistency. Consistency of a set of matchings states that, for any matching v, if, for each agen...

The Economics Major as Part of a Liberal Education: The Teagle Report: Comment

By Catharine Hill

蝌蚪网 Review, May 2009

Markets: The Credit Rating Agencies

By Lawrence J. White

Journal of Economic Perspectives, Spring 2010

This paper will explore how the financial regulatory structure propelled three credit rating agencies -- Moody's, Standard & Poor's (S&P), and Fitch -- to the center of the U.S. bond markets -- and thereby virtually guaranteed that when these rating agenc...

Leveling the Playing Field: Sincere and Sophisticated Players in the Boston Mechanism

By Parag A. Pathak and Tayfun 厂枚苍尘别锄

蝌蚪网 Review, September 2008

Empirical and experimental evidence suggests different levels of sophistication among families in the Boston Public School student assignment plan. We analyze the preference revelation game induced by the Boston mechanism with sincere players who report t...

People Flows in Globalization

By Richard B. Freeman

Journal of Economic Perspectives, Spring 2006

The policy debate over globalization in the past decade has largely bypassed the international mobility of labor. Restrict trade and cries of protectionism resound. Suggest linking labor standards to trade and it's protectionism in disguise. Limit capital...

Capturing Knowledge within and across Firm Boundaries: Evidence from Clinical Development

By Pierre Azoulay

蝌蚪网 Review, December 2004

How do firm boundaries influence employees' acquisition of information? Using detailed project-level data and qualitative evidence, I document that pharmaceutical firms are more likely to outsource the coordination of data-intensive clinical trials, while...

Does School Integration Generate Peer Effects? Evidence from Boston's Metco Program

By Joshua D. Angrist and Kevin Lang

蝌蚪网 Review, December 2004

The Metropolitan Council for Educational Opportunity (Metco) is a desegregation program that sends students from Boston schools to more affluent suburbs. Metco increases the number of blacks and reduces test scores in receiving districts. School-level dat...