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The American Economic Review is a general-interest economics journal. The journal is published quarterly and contains articles on a broad range of topics. Established in 1911, the AER is among the nation's oldest and most respected scholarly journals in the economics profession.

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Volume 92, Number 2, 1 May 2002

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Foreword

Foreword
pp. 8l-8l(1)
Author: Lucas Jr R.E.

Richard T. Ely Lecture

Prosperity and Depression
pp. 1-15(15)
Author: Prescott E.C.

Editors' Introduction

Editors' Introduction
pp. 7-7(1)
Author: Lucas Jr R.E.

Great Depressions and Recoveries

Policy-Driven Productivity in Chile and Mexico in the 1980's and 1990's
pp. 16-21(6)
Authors: Bergoeing R.; Kehoe P.J.; Kehoe T.J.; Soto R.

Accounting for the Great Depression
pp. 22-27(6)
Authors: Chari V.V.; Kehoe P.J.; McGrattan E.R.

Liquidity Shortages and Financial Crises

A Dual Liquidity Model for Emerging Markets
pp. 33-37(5)
Authors: Caballero R.J.; Krishnamurthy A.

Bank Bailouts and Aggregate Liquidity
pp. 38-41(4)
Authors: Diamond D.W.; Rajan R.G.

Domestic and International Supply of Liquidity
pp. 42-45(4)
Authors: Holmstrom B.; Tirole J.

Balance-Sheet Contagion
pp. 46-50(5)
Authors: Kiyotaki N.; Moore J.

Frameworks for Monetary Economics

Payment Arrangements and Inflation
pp. 51-57(7)
Author: Green E.J.

Evil Is the Root of All Money
pp. 62-66(5)
Authors: Kiyotaki N.; Moore J.

Matching and Money
pp. 67-71(5)
Authors: Corbae D.; Temzelides T.; Wright R.

On Taylor Rules and Monetary Policy

Chaotic Interest-Rate Rules
pp. 72-78(7)
Authors: Benhabib J.; Schmitt-Grohé S.; Uribe M.

Taylor Rules in a Model that Satisfies the Natural-Rate Hypothesis
pp. 79-84(6)
Authors: Carlstrom C.T.; Fuerst T.S.

Asset Prices and Monetary Policy

The Fed and Interest Rates—A High-Frequency Identification
pp. 90-95(6)
Authors: Cochrane J.H.; Piazzesi M.

The Natural Rate of Q
pp. 96-101(6)
Author: Dupor B.

Monetary-Policy Rules in Practice

The Fed and the New Economy
pp. 108-114(7)
Authors: Ball L.; Tchaidze R.R.

Monetary-Policy Rules and the Great Inflation
pp. 115-120(6)
Author: Orphanides A.

A Rehabilitation of Monetary Policy in the 1950's
pp. 121-127(7)
Authors: Romer C.D.; Romer D.H.

Macroeconomics of Incomplete Markets

Monetary Policy, Banking Crises, and the Friedman Rule
pp. 128-134(7)
Author: Smith B.D.

Excess Asset Returns with Limited Enforcement
pp. 135-140(6)
Authors: Azariadis C.; Lambertini L.

Economic Development across Time and Space

The U.S. Technology Frontier
pp. 148-152(5)
Authors: Caselli F.; Coleman II W.J.

The U.S. Demographic Transition
pp. 153-159(7)
Authors: Greenwood J.; Seshadri A.

The Role of Agriculture in Development
pp. 160-164(5)
Authors: Gollin D.; Parente S.; Rogerson R.

Feuds over Free Trade

The Mystery of the Excess Trade (Balances)
pp. 170-174(5)
Authors: Davis D.R.; Weinstein D.E.

Cost of Protection: Where Do We Stand?
pp. 175-179(5)
Author: Panagariya A.

Trade and Poverty in the Poor Countries
pp. 180-183(4)
Authors: Bhagwati J.; Srinivasan T.N.

Technological Change

Firm and Product Life Cycles and Firm Survival
pp. 184-190(7)
Authors: Agarwal R.; Gort M.

The Decline of Cities and Inequality
pp. 191-197(7)
Author: Yorukoglu M.

The Q-Theory of Mergers
pp. 198-204(7)
Authors: Jovanovic B.; Rousseau P.L.

Intellectual Property: Do We Need It?

The Economics of Copyright "Fair Use" in a Networked World
pp. 205-208(4)
Authors: Klein B.; Lerner A.V.; Murphy K.M.

The Case Against Intellectual Property
pp. 209-212(4)
Authors: Boldrin M.; Levine D.

When Should We Use Intellectual Property Rights?
pp. 213-216(4)
Author: Romer P.

On the Supply of Creative Work: Evidence from the Movies
pp. 217-220(4)
Authors: Hui K-L.; Png I.P.L.

The Economics of Technology and Innovation

150 Years of Patent Protection
pp. 221-225(5)
Author: Lerner J.

The Internet and International Trade in Services
pp. 236-240(5)
Authors: Freund C.; Weinhold D.

Instability, Inequality, and Endogenous Clustering

Spatial Agglomeration Dynamics
pp. 247-252(6)
Author: Quah D.

Is Equality Stable?
pp. 253-259(7)
Authors: Mookherjee D.; Ray D.

Bequests, Saving, and Wealth Equality

Inheritances and Wealth Inequality, 1989–1998
pp. 260-264(5)
Author: Wolff E.N.

Simulating the Transmission of Wealth Inequality
pp. 265-269(5)
Authors: Gokhale J.; Kotlikoff L.J.

Wealth Inequality and Altruistic Bequests
pp. 270-273(4)
Author: Laitner J.

The Importance of Bequests and Life-Cycle Saving in Capital Accumulation: A New Answer
pp. 274-278(5)
Authors: Dynan K.E.; Skinner J.; Zeldes S.P.

The Consequences of Lowering the Cost of College

Semiparametric Reduced-Form Estimation of Tuition Subsidies
pp. 286-292(7)
Authors: Ichimura H.; Taber C.

Market Implications of Peer and Neighborhood Effects

A Multinomial-Choice Model of Neighborhood Effects
pp. 298-303(6)
Authors: Brock W.A.; Durlauf S.N.

Identifying Hedonic Models
pp. 304-309(6)
Authors: Ekeland I.; Heckman J.J.; Nesheim L.

On the Demographic Composition of Colleges and Universities in Market Equilibrium
pp. 310-314(5)
Authors: Epple D.; Romano R.; Sieg H.

Homeownership, Asset Accumulation, Black Banks, and Wealth in African-American C

Cooperatives and Wealth Accumulation: Preliminary Analysis
pp. 325-329(5)
Author: Nembhard J.G.

The Role of Nature versus Nurture in Determining Economic Outcomes

A Foundation for Behavioral Economics
pp. 335-338(4)
Authors: Cohen J.L.; Dickens W.T.

The Nature and Nurture of Economic Outcomes
pp. 344-348(5)
Author: Sacerdote B.

Women, Children, and the Labor Market

The Motherhood Wage Penalty: Which Mothers Pay It and Why?
pp. 354-358(5)
Authors: Anderson D.J.; Binder M.; Krause K.

Children and Household Income Packages: A Cross-National Analysis
pp. 359-362(4)
Authors: Todd E.; Sullivan D.

Child Abuse and Abortion Availability
pp. 363-367(5)
Authors: Bitler M.; Zavodny M.

All in the Family: A Simultaneous Model of Parenting Style and Child Conduct
pp. 368-372(5)
Authors: Burton P.; Phipps S.; Curtis L.

Evaluating Welfare Reform

The Behavioral Effects of Welfare Time Limits
pp. 385-389(5)
Author: Grogger J.

Social-Security Reform

The Wage Gap and Public Support for Social Security
pp. 390-395(6)
Authors: Razin A.; Sadka E.; Swagel P.

Pension Reforms and the Opinions of European Citizens
pp. 396-401(6)
Authors: Boeri T.; Boersch-Supan A.; Tabellini G.

Capital-Income Taxation in the "New Economy"

Taxation of Financial Services under a VAT
pp. 411-416(6)
Authors: Auerbach A.J.; Gordon R.H.

Capital-Income Taxation with Imperfect Competition
pp. 417-421(5)
Author: Judd K.L.

Exchange-Traded Funds: A New Investment Option for Taxable Investors
pp. 422-427(6)
Authors: Poterba J.M.; Shoven J.B.

Contractual Theories of the Firm

Modern Evidence on the Firm
pp. 428-432(5)
Author: Masten S.E.

Complexity, Flexibility, and the Make-or-Buy Decision
pp. 433-437(5)
Author: Tadelis S.

The Lens of Contract: Private Ordering
pp. 438-443(6)
Author: Williamson O.E.

Teaching Microeconomic Principles

Can Web Courses Replace the Classroom in Principles of Microeconomics?
pp. 444-448(5)
Authors: Brown B.W.; Liedholm C.E.

Microeconomic Principles Teaching Tricks
pp. 449-453(5)
Author: Hamermesh D.S.

Reconsidering Crucial Concepts in Micro Principles
pp. 454-458(5)
Author: Case K.E.

Promoting Economic Literacy in the Introductory Economics Course

Use It or Lose It: Teaching Literacy in the Economics Principles Course
pp. 463-472(10)
Authors: Hansen W.L.; Salemi M.K.; Siegfried J.J.

John Bates Clark Award

John Bates Clark Award
pp. 480-480(1)

Minutes of the Annual Meeting

Minutes of the Executive Committee Meetings

Reports

Secretary
pp. 490-492(3)

Treasurer
pp. 493-496(4)

Finance Committee
pp. 497-497(1)

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