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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.

Publisher: American Economic Association

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Volume 93, Number 2, 1 May 2003

Editors' Introduction

Editors' Introduction
pp. vii-vii(1)
Authors: Baldwin, J. David; Oaxaca, Ronald L.

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Richard T. Ely Lecture

Globalization and Its Challenges
pp. 1-30(30)
Author: Fischer, Stanley

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Foreword

Foreword
pp. 8-8(1)
Author: Diamond, Peter A.

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The Future of the IMF and World Bank

The Future of the IMF
pp. 31-38(8)
Author: Caballero, Ricardo J.

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The World Bank of the Future
pp. 39-44(6)
Authors: Banerjee, Abhijit V.; He, Ruimin

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The Future of the IMF and World Bank: Panel Discussion
pp. 45-50(6)
Author: Fischer, Stanley

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International Transmission of Business Cycles in an Increasingly Integrated

Trade Structure, Industrial Structure, and International Business Cycles
pp. 51-56(6)
Authors: Baxter, Marianne; Kouparitsas, Michael A.

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How Does Globalization Affect the Synchronization of Business Cycles?
pp. 57-62(6)
Authors: Kose, M. Ayhan; Prasad, Eswar S.; Terrones, Marco E.

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Why Has the U.S. Economy Become Less Correlated with the Rest of the World?
pp. 63-69(7)
Authors: Heathcote, Jonathan; Perri, Fabrizio

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New Approaches to Resolving Emerging-Market Financial Crises

Sovereign Debt Restructuring: Messy or Messier?
pp. 70-74(5)
Author: Krueger, Anne

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Sovereign Debt Restructuring
pp. 75-79(5)
Author: Kroszner, Randall S.

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Is Aggregation a Problem for Sovereign Debt Restructuring?
pp. 80-84(5)
Authors: Eichengreen, Barry; Mody, Ashoka

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Debt, Equity, and Financial Openness

Will the Sovereign Debt Market Survive?
pp. 85-90(6)
Author: Shleifer, Andrei

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Equity-Market Liberalizations as Country IPO's
pp. 97-101(5)
Authors: Martell, Rodolfo; Stulz, René M.

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The Contribution of Recent Innovations in Data Collection to Development Ec

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Recent Advances in Econometric Methodology for Policy Analysis

Weak Instruments: Diagnosis and Cures in Empirical Econometrics
pp. 118-125(8)
Authors: Hahn, Jinyong; Hausman, Jerry

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Sensitivity to Exogeneity Assumptions in Program Evaluation
pp. 126-132(7)
Author: Imbens, Guildo W.

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Cluster-Sample Methods in Applied Econometrics
pp. 133-138(6)
Author: Wooldridge, Jeffrey M.

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Impact of Modern Economic Theory on Policy and Empirical Research

Market Design: The Policy Uses of Theory
pp. 139-144(6)
Author: McMillan, John

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Views of Economics from Neighbouring Social Sciences

Economic Behavior in Political Context
pp. 156-161(6)
Authors: Bartels, Larry M.; Brady, Henry E.

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A Psychological Perspective on Economics
pp. 162-168(7)
Author: Kahneman, Daniel

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Behavioral Economics, Public Policy, and Paternalism

Libertarian Paternalism
pp. 175-179(5)
Authors: Thaler, Richard H.; Sunstein, Cass R.

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Optimal Defaults
pp. 180-185(6)
Authors: Choi, James J.; Laibson, David; Madrian, Brigitte C.; Metrick, Andrew

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Studying Optimal Paternalism, Illustrated by a Model of Sin Taxes
pp. 186-191(6)
Authors: O'Donoghue, Ted; Rabin, Matthew

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Experimental Economics

Models of Thinking, Learning, and Teaching in Games
pp. 192-195(4)
Authors: Camerer, Colin; Ho, Teck; Chong, Kuan

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Decision Making with Naive Advice
pp. 196-201(6)
Author: Schotter, Andrew

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Lessons Learned: Generalizing Learning Across Games
pp. 202-207(6)
Authors: Cooper, David; Kagel, John H.

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Testing Political Economy Models of Reform in the Laboratory
pp. 208-212(5)
Authors: Cason, Timothy N.; Mui, Vai-Lam

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Assessing Living Standards: From the Pre-Columbian Era to the Present

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The Rising Price of Nonmarket Goods
pp. 227-232(6)
Authors: Costa, Dora L.; Kahn, Matthew E.

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Maternity and Motherhood

At What Level of Labor-Market Intermittency Are Women Penalized?
pp. 233-237(5)
Authors: Hotchkiss, Julie L.; Pitts, M. Melinda

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Impact of Immigration on Prenatal Care Use and Birth Weight: Evidence from California in the 1990's
pp. 242-246(5)
Authors: Amuedo-Dorantes, Catalina; Mundra, Kusum

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Did Expanding the EITC Promote Motherhood?
pp. 247-251(5)
Authors: Baughman, Reagan; Dickert-Conlin, Stacy

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Health Insurance, Retirement, and Monetary Policy

Price and Spouse's Coverage in Employee Demand for Health Insurance
pp. 252-256(5)
Authors: Dushi, Irena; Honig, Marjorie

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Guaranteeing Individual Accounts
pp. 257-260(4)
Authors: Lachance, Marie-Eve; Mitchell, Olivia S.

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The Interaction of Public Retirement Income Programs in the United States
pp. 261-265(5)
Authors: Powers, Elizabeth T.; Neumark, David

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Reducing the Uninsured by Shifting Risk in Health Insurance

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A New Approach to Risk-Spreading via Coverage-Expansion Subsidies
pp. 277-282(6)
Authors: Holahan, John; Nichols, Len M.; Blumberg, Linda J.; Shen, Yu-Chu

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Reinsuring Risk to Increase Access to Health Insurance
pp. 283-287(5)
Author: Swartz, Katherine

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New Research on Welfare Reform

Why Did the Welfare Rolls Fall During the 1990's? The Importance of Entry
pp. 288-292(5)
Authors: Grogger, Jeffrey; Haider, Steven J.; Klerman, Jacob

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Some Evidence on Race, Welfare Reform, and Household Income
pp. 293-298(6)
Authors: Bitler, Marianne P.; Gelbach, Jonah B.; Hoynes, Hilary W.

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How Welfare Policies Affect Child and Adolescent Achievement
pp. 299-303(5)
Authors: Clark-Kauffman, Elizabeth; Duncan, Greg J.; Morris, Pamela

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Changes in the Distribution of Children's Family Income over the 1990's
pp. 304-308(5)
Authors: Blank, Rebecca M.; Schoeni, Robert F.

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Catching Up

The Gender Gap in Wages, circa 2000
pp. 309-314(6)
Author: O'Neill, June

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Assimilation across the Latino Generations
pp. 315-319(5)
Author: Smith, James P.

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Catching Up: Wages of Black Men
pp. 320-325(6)
Author: Welch, Finis

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The Political Economy of Ending Racism and the WCAR

The Economics of Reparations
pp. 326-329(4)
Authors: Darity, William; Frank, Dania

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The Political Economy of Antiracism Initiatives in the Post-Durban Round
pp. 330-333(4)
Authors: Myers, Samuel L.; Lange, Lajune Thomas; Corrie, Bruce

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Rethinking Economic Discrimination
pp. 338-342(5)
Author: K.S., Jomo

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The Implications of Financial and Nonfinancial Risk fir Public Pension Refo

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Comparing the Risks of Social Security with and without Individual Accounts
pp. 348-353(6)
Authors: Nataraj, Sita; Shoven, John B.

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Estate Taxation

Inter-asset Differences in Effective Estate-Tax Burdens
pp. 360-365(6)
Authors: Poterba, James M.; Weisbenner, Scott J.

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Charitable Bequests and Taxes on Inheritances and Estates: Aggregate Evidence from across States and Time
pp. 366-370(5)
Authors: Bakija, Jon M.; Gale, William G.; Slemrod, Joel B.

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The Macroeconomics of Stock-Market Returns

Consumption Risk and Expected Stock Returns
pp. 376-382(7)
Author: Parker, Jonathan A.

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Stock-Market Participation, Intertemporal Substitution, and Risk-Aversion
pp. 383-391(9)
Authors: Vissing-Jørgensen, Annette; Attanasio, Orazio P.

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Average Debt and Equity Returns: Puzzling?
pp. 392-397(6)
Authors: McGrattan, Ellen R.; Prescott, Edward C.

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Lessons form Enron

Employer Stock and 401(k) Plans
pp. 398-404(7)
Author: Poterba, James M.

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Accounting for Employee Stock Options
pp. 405-409(5)
Authors: Guay, Wayne; Kothari, S. P.; Sloan, Richard

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Accounting in Partnerships
pp. 410-414(5)
Authors: Huddart, Steven; Liang, Pierre Jinghong

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Competition Policy in Network Industries

The Impact of Bankruptcy on Airline Service Levels
pp. 415-419(5)
Authors: Borenstein, Severin; Rose, Nancy L.

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Integration and Independent Innovation on a Network
pp. 420-424(5)
Author: Farrell, Joseph

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The Effects of Environmental Regulations on Pollution Emissions: Evidence f

The Effects of Environmental Regulation on Technology Diffusion: The Case of Chlorine Manufacturing
pp. 431-435(5)
Authors: Snyder, Lori D.; Miller, Nolan H.; Stavins, Robert N.

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How Effective Is Green Regulatory Threat?
pp. 436-441(6)
Author: Antweiler, Werner

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Preparing and Improving the Economics Teacher

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A Model Teacher-Education Program for Economics
pp. 455-459(5)
Author: Salemi, Michael K.

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Regional Workshops to Improve the Teaching Skills of Economics Faculty
pp. 460-462(3)
Authors: Goodman, Rae Jean B.; Maier, Mark; Moore, Robert L.

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Minutes of the Annual Meeting

Minutes of the Executive Committee Meetings

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Report of the Secretary for 2002

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Report of the Treasurer

Report of the Treasurer
pp. 482-485(4)

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Report of the Finance Committee

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Report of the Editor

Report of the Editor
pp. 487-498(12)

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Report of the Committee on Economic Education

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Report of the Committee

American Economic Association Universal Academic Questionnaire Summary Stat

American Economic Association Universal Academic Questionnaire Summary Statistics
pp. 521-524(4)
Authors: Scott, Charles E.; Siegfried, John J.

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General Information on the Association

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Certificate of Incorporation and Bylaws

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