Content
April 2003, Volume 111, Issue 2
- 227-268 Can the Market Add and Subtract? Mispricing in Tech Stock Carve-outs
by Owen A. Lamont & Richard H. Thaler - 269-310 Why Dowry Payments Declined with Modernization in Europe but Are Rising in India
by Siwan Anderson - 311-352 A Spatial Analysis of Sectoral Complementarity
by Timothy G. Conley & Bill Dupor - 353-403 Middlemen versus Market Makers: A Theory of Competitive Exchange
by John Rust & George Hall - 404-424 Delaying the Inevitable: Interest Rate Defense and Balance of Payments Crises
by Amartya Lahiri & Carlos A. Vegh - 425-458 La Crema: A Case Study of Mutual Fire Insurance
by Cabreales, Antonio & Calvo-Armengol, Antoni & Jackson, Matthew O. - 459-488 Review of Thomas J. Sargent and Francois R. Velde, The Big Problem of Small Change
by Rolnick, Arthur J. & Weber, Warren E.
February 2003, Volume 111, Issue 1
- 1-51 Inference with an Incomplete Model of English Auctions
by Philip A. Haile & Elie Tamer - 52-102 Can Vertical Specialization Explain the Growth of World Trade?
by Kei-Mu Yi - 103-123 Equilibrium Bank Runs
by James Peck & Karl Shell - 124-173 An Equilibrium Conflict Model of Land Tenure in Hunter-Gatherer Societies
by Matthew J. Baker - 174-201 Commercial Policy with Altruistic Voters
by Julio J. Rotemberg - 202-231 Are Regional Trading Partners "Natural"?
by Pravin Krishna
December 2002, Volume 110, Issue 6
- 1175-1219 The Impacts of Environmental Regulations on Industrial Activity: Evidence from the 1970 and 1977 Clean Air Act Amendments and the Census of Manufactures
by Michael Greenstone - 1220-1254 Optimal Taxation without State-Contingent Debt
by S. Rao Aiyagari & Albert Marcet & Thomas J. Sargent & Juha Seppala - 1255-1285 Catching Up with the Joneses: Heterogeneous Preferences and the Dynamics of Asset Prices
by Yeung Lewis Chan & Leonid Kogan - 1286-1317 Evaluating the Effect of Teachers' Group Performance Incentives on Pupil Achievement
by Victor Lavy - 1318-1354 Districting and Government Overspending
by Reza Baqir - 1355-1389 Employed 40 Hours or Not Employed 39: Lessons from the 1982 Mandatory Reduction of the Workweek
by Bruno Crepon & Francis Kramarz - 1390-1413 Turnover of Used Durables in a Stationary Equilibrium: Are Older Goods Traded More?
by Dmitriy Stolyarov - 1414-1418 Comment on "The U.S. Structural Transformation and Regional Convergence: A Reinterpretation"
by D. Gale Johnson - 1419-1420 Response
by Francesco Caselli & Wilbur John Coleman II
October 2002, Volume 110, Issue 5
- 947-993 The Slowdown of the Economics Publishing Process
by Glenn Ellison - 994-1034 Evolving Standards for Academic Publishing: A q-r Theory
by Glenn Ellison - 1035-1070 The Rise of Mass Consumption Societies
by Kiminori Matsuyama - 1071-1102 The Tenuous Trade-off between Risk and Incentives
by Canice Prendergast - 1103-1134 Political Intervention in Debt Contracts
by Patrick Bolton & Howard Rosenthal - 1135-1167 A Model of the Federal Funds Rate Target
by James D. Hamilton & Oscar Jorda - 1168-1197 Skill and the Value of Life
by Jason F. Shogren & Tommy Stamland
August 2002, Volume 110, Issue 4
- 705-729 Quantifying the Benefits of New Products: The Case of the Minivan
by Amil Petrin - 730-770 The Power of the Pill: Oral Contraceptives and Women's Career and Marriage Decisions
by Claudia Goldin & Lawrence F. Katz - 771-792 Asset Holding and Consumption Volatility
by Orazio P. Attanasio & James Banks & Sarah Tanner - 793-824 Asset Pricing with Heterogeneous Consumers and Limited Participation: Empirical Evidence
by Alon Brav & George M. Constantinides & Christopher C. Geczy - 825-853 Limited Asset Market Participation and the Elasticity of Intertemporal Substitution
by Annette Vissing-Jorgensen - 854-882 The Market for Reputations as an Incentive Mechanism
by Steven Tadelis - 883-899 Estimation of Market Power in a Nonrenewable Resource Industry
by Gregory M. Ellis & Robert Halvorsen - 900-918 The Aging Population and the Size of the Welfare State
by Assaf Razin & Efraim Sadka & Phillip Swagel - 919-948 Lobbying Legislatures
by Morten Bennedsen & Sven E. Feldmann
June 2002, Volume 110, Issue 3
- 481-507 Does the Internet Make Markets More Competitive? Evidence from the Life Insurance Industry
by Jeffrey R. Brown & Austan Goolsbee - 508-534 Is Lumpy Investment Relevant for the Business Cycle?
by Julia K. Thomas - 535-563 Avoiding Liquidity Traps
by Jess Benhabib & Stephanie Schmitt-Grohe & Martin Uribe - 564-591 Endogenous Matching and the Empirical Determinants of Contract Form
by Daniel A. Ackerberg & Maristella Botticini - 592-608 Competing Premarital Investments
by Michael Peters & Aloysius Siow - 609-633 Information Aggregation, Security Design, and Currency Swaps
by Bhagwan Chowdhry & Mark Grinblatt & David Levine - 634-645 Consumption and Aggregate Constraints: Evidence from U.S. States and Canadian Provinces
by Charlotte Ostergaard & Bent E. Serensen & Oved Yosha - 646-671 An Economic Analysis of the Protestant Reformation
by Robert B. Ekelund, Jr. & Robert F. Hebert & Robert D. Tollison - 672-701 The Political Economy of Employment Protection
by Gilles Saint-Paul
April 2002, Volume 110, Issue 2
- 239-280 Empowerment and Efficiency: Tenancy Reform in West Bengal
by Abhijit V. Banerjee & Paul J. Gertler & Maitreesh Ghatak - 281-316 On Theories Explaining the Success of the Gravity Equation
by Simon J. Evenett & Wolfgang Keller - 317-351 The Demand for Money, Financial Innovation, and the Welfare Cost of Inflation: An Analysis with Household Data
by Orazio P. Attanasio & Luigi Guiso & Tullio Jappelli - 352-381 Market Microstructure and Incentives to Invest
by Daniel F. Spulber - 382-393 A Theory of Inalienable Property Rights
by David Andolfatto - 394-424 Bidder Behavior in Multiunit Auctions: Evidence from Swedish Treasury Auctions
by Kjell G. Nyborg & Kristian Rydqvist & Suresh M. Sundaresan - 425-457 Altruistic and Joy-of-Giving Motivations in Charitable Behavior
by David C. Ribar & Mark O. Wilhelm - 458-474 Getting Income Shares Right
by Douglas Gollin - 475-504 Comment on "Rotten Kids, Purity, and Perfection"
by Pierre-Andre Chiappori & Ivan Werning
February 2002, Volume 110, Issue 1
- 1-36 Endogenous Policy Decentralization: Testing the Central Tenet of Economic Federalism
by Koleman S. Strumpf & Felix Oberholzer-Gee - 37-72 Marriage Market, Divorce Legislation, and Household Labor Supply
by Pierre-Andre Chiappori & Bernard Fortin & Guy Lacroix - 73-112 Money, Interest Rates, and Exchange Rates with Endogenously Segmented Markets
by Fernando Alvarez & Andrew Atkeson & Patrick J. Kehoe - 113-143 The Role of Leasing under Adverse Selection
by Igal Hendel & Alessandro Lizzeri - 144-169 Putting Out the Fires: Will Higher Taxes Reduce the Onset of Youth Smoking?
by Philip DeCicca & Donald Kenkel & Alan Mathios - 170-180 Order Flow and Exchange Rate Dynamics
by Martin D. D. Evans & Richard K. Lyons - 181-214 A Theory of Prostitution
by Lena Edlund & Evelyn Korn - 215-233 The Effects of Seed Money and Refunds on Charitable Giving: Experimental Evidence from a University Capital Campaign
by John A. List & David Lucking-Reiley - 234-263 Review of Richard E. Caves, Creative Industries: Contracts between Art and Commerce
by Towse, Ruth
December 2001, Volume 109, Issue 6
- 1155-1197 Prospective Deficits and the Asian Currency Crisis
by Craig Burnside & Martin Eichenbaum & Sergio Rebelo - 1198-1237 How Dangerous Are Drinking Drivers?
by Steven D. Levitt & Jack Porter - 1238-1287 Resurrecting the (C)CAPM: A Cross-Sectional Test When Risk Premia Are Time-Varying
by Martin Lettau & Sydney Ludvigson - 1288-1310 Estimating Real Income in the United States from 1888 to 1994: Correcting CPI Bias Using Engel Curves
by Dora L. Costa - 1311-1354 Durable Goods, Coasian Dynamics, and Uncertainty: Theory and Experiments
by Timothy N. Cason & Tridib Sharma - 1355-1384 Coalitional Power and Public Goods
by Debraj Ray & Rajiv Vohra - 1385-1390 Review of William D. Nordhaus and Joseph Boyer, Warming the World: Economic Models of Global Warming
by Thomas Gale Moore
October 2001, Volume 109, Issue 5
- 915-957 Consequences of Employment Protection? The Case of the Americans with Disabilities Act
by Daron Acemoglu & Joshua D. Angrist - 958-992 Displaced Capital: A Study of Aerospace Plant Closings
by Valerie A. Ramey & Matthew D. Shapiro - 993-1020 Least-Present-Value-of-Revenue Auctions and Highway Franchising
by Eduardo M. R. A. Engel & Ronald D. Fischer & Alexander Galetovic - 1021-1059 Teachers, Growth, and Convergence
by Robert Tamura - 1060-1085 Pricing and Matching with Frictions
by Kenneth Burdett & Shouyong Shi & Randall Wright - 1086-1114 More Guns, More Crime
by Mark Duggan - 1115-1131 Home Production Meets Time to Build
by Paul Gomme & Finn E. Kydland & Peter Rupert - 1132-1149 Globalization and the Rate of Technological Progress: What Track and Field Records Show
by Lalith Munasinghe & Brendan O'Flaherty & Stephan Danninger - 1150-1179 Review of Peter M. Garber, Famous First Bubbles: The Fundamentals of Early Manias
by John H. Cochrane
August 2001, Volume 109, Issue 4
- 673-748 Micro Data, Heterogeneity, and the Evaluation of Public Policy: Nobel Lecture
by James J. Heckman - 749-775 Human Capital versus Signaling Models: University Access and High School Dropouts
by Kelly Bedard - 776-810 War and Democracy
by Gregory D. Hess & Athanasios Orphanides - 811-841 The Geography of Investment: Informed Trading and Asset Prices
by Joshua D. Coval & Tobias J. Moskowitz - 842-863 Walras Retrouve: Decentralized Trading Mechanisms and the Competitive Price
by Gianni De Fraja & Jozsef Sakovics - 864-899 Adverse Specialization
by Glenn MacDonald & Leslie M. Marx - 900-929 Why Would Nature Give Individuals Utility Functions?
by Arthur J. Robson
June 2001, Volume 109, Issue 3
- 455-499 The Dynamics of Educational Attainment for Black, Hispanic, and White Males
by Stephen V. Cameron & James J. Heckman - 500-528 Group Loyalty and the Taste for Redistribution
by Erzo F. P. Luttmer - 529-545 The Effect of Welfare Payments on the Marriage and Fertility Behavior of Unwed Mothers: Results from a Twins Experiment
by Jeff Grogger & Stephen G. Bronars - 546-569 On Strategic Community Development
by J. Vernon Henderson & Jacques-Francois Thisse - 570-583 An Empirical Investigation of the Strategic Use of Debt
by Per Pettersson-Lidbom - 584-616 The U.S. Structural Transformation and Regional Convergence: A Reinterpretation
by Francesco Caselli & Wilbur John Coleman II - 617-636 A Theory of Conservatism
by Hao Li - 637-666 Social Approval, Values, and AFDC: A Reexamination of the Illegitimacy Debate
by Thomas J. Nechyba
April 2001, Volume 109, Issue 2
- 231-265 Political Correctness
by Stephen Morris - 266-280 An Incentive Model of the Effect of Parental Income on Children
by Bruce A. Weinberg - 281-286 Any Non-welfarist Method of Policy Assessment Violates the Pareto Principle
by Louis Kaplow & Steven Shavell - 287-327 Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking
by Douglas W. Diamond & Raghuram G. Rajan - 328-354 Shareholder Wealth and Wages: Evidence for White-Collar Workers
by Stephen G. Bronars & Melissa Famulari - 355-374 Intercountry Differences in the Relationship between Relative Price Variability and Average Prices
by Mick Silver & Christos Ioannidis - 375-417 Information and Competition in U.S. Forest Service Timber Auctions
by Susan Athey & Jonathan Levin - 418-443 Competitive Fair Division
by Steven J. Brams & D. Marc Kilgour - 444-473 Testing for Evidence of Adverse Selection in the Automobile Insurance Market: A Comment
by Georges Dionne & Christian Gourieroux & Charles Vanasse
February 2001, Volume 109, Issue 1
- 1-37 On the Distribution of Income and Worker Assignment under Intrafirm Spillovers, with an Application to Ideas and Networks
by Gilles Saint-Paul - 38-78 Public versus Private Initiative in Arctic Exploration: The Effects of Incentives and Organizational Structure
by Jonathan M. Karpoff - 79-102 Endogenous Enfranchisement When Groups' Preferences Conflict
by John P. Conley & Akram Temimi - 103-137 How Much Did the Liberty Shipbuilders Learn? New Evidence for an Old Case Study
by Peter Thompson - 138-190 Inequality, Control Rights, and Rent Seeking: Sugar Cooperatives in Maharashtra
by Abhijit Banerjee & Dilip Mookherjee & Kaivan Munshi & Debraj Ray - 191-202 The Identification of Unobservable Independent and Spousal Leisure
by Yuk-fai Fong & Junsen Zhang - 203-232 Racial Bias in Motor Vehicle Searches: Theory and Evidence
by John Knowles & Nicola Persico & Petra Todd
December 2000, Volume 108, Issue 6
- 1093-1120 A Ricardian Model with a Continuum of Goods under Nonhomothetic Preferences: Demand Complementarities, Income Distribution, and North-South Trade
by Kiminori Matsuyama - 1121-1161 Comparative Politics and Public Finance
by Torsten Persson & Gerard Roland & Guido Tabellini - 1162-1183 Disability Insurance Benefits and Labor Supply
by Jonathan Gruber - 1184-1209 Parental Benefits from Intergenerational Coresidence: Empirical Evidence from Rural Pakistan
by Anjini Kochar - 1210-1234 A Model of Bimetallism
by Francois R. Velde & Warren E. Weber - 1235-1269 Redistributing Income under Proportional Representation
by David Austen-Smith - 1270-1291 Charity and the Bequest Motive: Evidence from Seventeenth-Century Wills
by Leslie Moscow McGranahan - 1292-1326 Sulfur Dioxide Control by Electric Utilities: What Are the Gains from Trade?
by Curtis Carlson & Dallas Burtraw & Maureen Cropper & Karen L. Palmer - 1327-1333 The Marriage Squeeze Interpretation of Dowry Inflation: A Comment
by Lena Edlund - 1334-1336 The Marriage Squeeze Interpretation of Dowry Inflation: Response
by Vijayendra Rao
October 2000, Volume 108, Issue 5
- 851-873 An Alternative Approach to Search Frictions
by Ricardo Lagos - 874-904 Hierarchies and the Organization of Knowledge in Production
by Luis Garicano - 905-927 Federal Mandates by Popular Demand
by Jacques Cremer & Thomas R. Palfrey - 928-960 Putty-Clay and Investment: A Business Cycle Analysis
by Simon Gilchrist & John C. Williams - 961-991 Extensive Margins and the Demand for Money at Low Interest Rates
by Casey B. Mulligan & Xavier Sala-i-Martin - 992-1005 Are Invisible Hands Good Hands? Moral Hazard, Competition, and the Second-Best in Health Care Markets
by Martin Gaynor & Deborah Haas-Wilson & William B. Vogt - 1006-1021 Estimating a Bargaining Model with Asymmetric Information: Evidence from Medical Malpractice Disputes
by Holger Sieg - 1022-1026 Luxuries Are Easier to Postpone: A Proof
by Martin Browning & Thomas F. Crossley - 1027-1057 Measurement Error and the Relationship between Investment and q
by Timothy Erickson & Toni M. Whited - 1058-1087 Risk Sharing, Sorting, and Early Contracting
by Hao Li & Wing Suen
August 2000, Volume 108, Issue 4
- 663-679 Is Child Labor Inefficient?
by Jean-Marie Baland & James A. Robinson - 680-687 Homework in Development Economics: Household Production and the Wealth of Nations
by Stephen L. Parente & Richard Rogerson & Randall Wright - 688-727 In Sickness and in Health: Risk Sharing within Households in Rural Ethiopia
by Stefan Dercon & Pramila Krishnan - 728-760 The Making of an Oligopoly: Firm Survival and Technological Change in the Evolution of the U.S. Tire Industry
by Steven Klepper & Kenneth L. Simons - 761-777 Age and the Quality of Work: The Case of Modern American Painters
by David W. Galenson & Bruce A. Weinberg - 778-806 Balladurette and Juppette: A Discrete Analysis of Scrapping Subsidies
by Jerome Adda & Russell Cooper - 807-832 Earnings within Education Groups and Overall Productivity Growth
by John Laitner - 833-862 Equilibrium Price Dispersion in Retail Markets for Prescription Drugs
by Alan T. Sorensen
June 2000, Volume 108, Issue 3
- 441-465 What Did Smith Mean by the Invisible Hand?
by William D. Grampp - 466-502 Prices Rise Faster than They Fall
by Sam Peltzman - 503-530 Estimating Preferences under Risk: The Case of Racetrack Bettors
by Bruno Jullien & Bernard Salanie - 531-568 The Dynamics of Political Compromise
by Avinash Dixit & Gene M. Grossman & Faruk Gul - 569-589 Let's Agree That All Dictatorships Are Equally Bad
by Uzi Segal - 590-603 A Market Test for Discrimination in the English Professional Soccer Leagues
by Stefan Szymanski - 604-631 Does Entrepreneurship Pay? An Empirical Analysis of the Returns to Self-Employment
by Barton H. Hamilton - 632-661 Intellectual Collaboration
by David N. Laband & Robert D. Tollison
April 2000, Volume 108, Issue 2
- 213-244 On the State of the Union
by S. Rao Aiyagari & Jeremy Greenwood & Nezih Guner - 245-272 Putting Auction Theory to Work: The Simultaneous Ascending Auction
by Paul Milgrom - 273-299 Do Incentives Matter? Managerial Contracts for Dual-Purpose Funds
by Michael L. Lemmon & James S. Schallheim & Jaime F. Zender - 300-323 Sustaining Fiscal Policy through Immigration
by Kjetil Storesletten - 324-351 Equity, Bonds, and Bank Debt: Capital Structure and Financial Market Equilibrium under Asymmetric Information
by Patrick Bolton & Xavier Freixas - 352-378 What Happens When You Tax the Rich? Evidence from Executive Compensation
by Austan Goolsbee - 379-421 Effects of Air Quality Regulations on Polluting Industries
by Randy Becker & Vernon Henderson - 422-451 Redistribution in a Decentralized Economy: Growth and Inflation in China under Reform
by Loren Brandt & Xiaodong Zhu
February 2000, Volume 108, Issue 1
- 1-33 Financial Contagion
by Franklin Allen & Douglas Gale - 34-55 Sequential Voting Procedures in Symmetric Binary Elections
by Eddie Dekel & Michele Piccione - 56-78 Testing for Asymmetric Information in Insurance Markets
by Pierre-Andre Chiappori & Bernard Salanie - 79-119 Beyond Arbitrage: Good-Deal Asset Price Bounds in Incomplete Markets
by John H. Cochrane & Jesus Saa-Requejo - 120-143 Reform without Losers: An Interpretation of China's Dual-Track Approach to Transition
by Lawrence J. Lau & Yingyi Qian & Gerard Roland - 144-172 Gain, Loss, and Asset Pricing
by Antonio E. Bernardo & Olivier Ledoit - 173-206 Valuing Research Leads: Bioprospecting and the Conservation of Genetic Resources
by Gordon C. Rausser & Arthur A. Small - 207-211 Review of C. Y. Cyrus Chu, Population Dynamics: A New Economic Approach
by Andrew D. Foster
December 1999, Volume 107, Issue S6
- 1-2 Preface
by Michael A. Walker - 3-32 Welfare, Marital Prospects, and Nonmarital Childbearing
by Mark R. Rosenzweig - 33-64 A Theory of Out-of-Wedlock Childbearing
by Robert J. Willis - 65-94 Egalitarianism and the Returns to Education during the Great Transformation of American Education
by Claudia Goldin - 95-126 Culture and Language
by Edward P. Lazear - 127-157 Public Schooling, Indoctrination, and Totalitarianism
by John R. Lott, Jr. - 158-183 Determinants of Democracy
by Robert J. Barro - 184-224 Galton versus the Human Capital Approach to Inheritance
by Casey B. Mulligan - 225-258 Why Is There More Crime in Cities?
by Edward L. Glaeser & Bruce Sacerdote - 259-269 Why Not Hang Them All: The Virtues of Inefficient Punishment
by David Friedman - 270-293 Bureaucratic Corruption and Endogenous Economic Growth
by Isaac Ehrlich & Francis T. Lui - 294-313 Potato Paradoxes
by Sherwin Rosen
December 1999, Volume 107, Issue 6
- 1127-1162 Effort, Wages, and the International Division of Labor
by Edward E. Leamer - 1163-1198 Did Women's Suffrage Change the Size and Scope of Government?
by John R. Lott & Jr. & Lawrence W. Kenny - 1199-1217 Large Electorates and Decisive Minorities
by Colin M. Campbell - 1218-1248 Price Discovery and Learning during the Preopening Period in the Paris Bourse
by Bruno Biais & Pierre Hillion & Chester Spatt - 1249-1274 Public Health Insurance and Private Savings
by Jonathan Gruber & Aaron Yelowitz - 1275-1304 Son Preference, Sex Rations, and Marriage Patterns
by Lena Edlund - 1305-1325 Self-Policing and Optimal Law Enforcement When Violator Remediation is Valuable
by Robert Innes - 1326-1364 Information Sharing and Competition in the Motor Vehicle Industry
by Maura P. Doyle & Christopher M. Snyder - 1365-1372 A Note on the Causal Factors of China's Famine in 1959-1961
by Shujie Yao
October 1999, Volume 107, Issue 5
- 893-928 Efficient Unemployment Insurance
by Daron Acemoglu & Robert Shimer - 929-945 Private Money and Reserve Management in a Random-Matching Model
by Ricardo de O. Cavalcanti & Andres Erosa & Ted Temzelides - 946-968 Banking Panics: The Role of the First-Come, First-Served Rule and Information Externalities
by Yehning Chen - 969-997 What Level of Fixed Costs Can Reconcile Consumption and Stock Returns?
by Erzo G. J. Luttmer - 998-1033 Voluntary Compliance with Market-Based Environmental Policy: Evidence from the U.S. Acid Rain Program
by Juan-Pablo Montero - 1034-1040 Rotten Kids, Purity, and Perfection
by Richard C. Cornes & Emilson C. D. Silva - 1041-1080 The Dynamics of Franchise Contracting: Evidence from Panel Data
by Francine Lafontaine & Kathryn L. Shaw - 1081-1110 Age Discrimination Laws and Labor Market Efficiency
by David Neumark & Wendy A. Stock
August 1999, Volume 107, Issue 4
- 645-681 Estimating Equilibrium Models of Local Jurisdictions
by Dennis Epple & Holger Sieg - 682-714 Women's Schooling, Home Teaching, and Economic Growth
by Jere R. Behrman & Andrew D. Foster & Mark R. Rosenzweig & Prem Vashishtha - 715-730 Steady Endogenous Growth with Population and R & D Inputs Growing
by Peter Howitt - 731-760 Early Starters versus Late Beginners
by Pierre-Andre Chiappori & Bernard Salanie & Julie Valentin - 761-785 Theory and Evidence on the Political Economy of the Minimum Wage
by Russell S. Sobel