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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 95, Number 2, May 2005

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Editors' Introduction

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

Foreword

Foreword
pp. viii-viii(1)
Author: McFadden, Daniel L.

Richard T. Ely Lecture

The Economics of Governance
pp. 1-18(18)
Author: Williamson, Oliver E.

International Intrafirm Production Decisions

Complementarities between Outsourcing and Foreign Sourcing
pp. 19-24(6)
Authors: Grossman, Gene M.; Helpman, Elhanan; Szeidl, Adam

Foreign Direct Investment and the Domestic Capital Stock
pp. 33-38(6)
Authors: Desai, Mihir A.; Foley, C. Fritz; Hines, James R.

The Democratic Transition and Economic Growth

Federalism and the Democratic Transition: Lessons from South Africa
pp. 39-43(5)
Authors: Inman, Robert P.; Rubinfeld, Daniel L.

From Education to Democracy?
pp. 44-49(6)
Authors: Acemoglu, Daron; Johnson, Simon; Robinson, James A.; Yared, Pierre

Do Democratic Transitions Produce Bad Economic Outcomes?
pp. 50-55(6)
Authors: Rodrik, Dani; Wacziarg, Romain

Foreign-Born Domestic Supply of Science and Engineering Workforce

The Labor-Market Impact of High-Skill Immigration
pp. 56-60(5)
Author: Borjas, George J.

The Increased Frequency and Duration of the Postdoctorate Career Stage
pp. 71-75(5)
Authors: Stephan, Paula; Ma, Jennifer

Skills, Policy, and Labor-Market Outcomes Across Demographic Groups

Do Returns to Schooling Differ by Race and Ethnicity?
pp. 83-87(5)
Authors: Barrow, Lisa; Rouse, Cecilia Elena

Tax-Transfer Policy and Labor-Market Outcomes
pp. 88-93(6)
Authors: Eissa, Nada; Nichols, Austin

New Approaches to Discrimination

Implicit Discrimination
pp. 94-98(5)
Authors: Bertrand, Marianne; Chugh, Dolly; Mullainathan, Sendhil

Tracing the Economic Impact of Cumulative Discrimination
pp. 99-103(5)
Author: Blank, Rebecca M.

"Dysfunctional Identities" Can Be Rational
pp. 104-111(8)
Authors: Fang, Hanming; Loury, Glenn C.

Profiling: Normative, Theoretical, and Empirical Issues

Learning and Statistical Discrimination
pp. 118-121(4)
Author: Blume, Lawrence E.

Optimal Search Profiling with Linear Deterrence
pp. 122-126(5)
Author: Manski, Charles F.

Passenger Profiling, Imperfect Screening, and Airport Security
pp. 127-131(5)
Authors: Persico, Nicola; Todd, Petra E.

Are Concerns about Relative Income Relevant for Public Policy?

Value of a Statistical Life: Relative Position vs. Relative Age
pp. 142-146(5)
Authors: Kniesner, Thomas J.; Viscusi, W. Kip

Are Positional Concerns Stronger in Some Domains than in Others?
pp. 147-151(5)
Authors: Solnick, Sara J.; Hemenway, David

Understanding Teacher Quality

Do Faculty Serve as Role Models? The Impact of Instructor Gender on Female Students
pp. 152-157(6)
Authors: Bettinger, Eric P.; Long, Bridget Terry

A Teacher Like Me: Does Race, Ethnicity, or Gender Matter?
pp. 158-165(8)
Author: Dee, Thomas S.

Explaining the Short Careers of High-Achieving Teachers in Schools with Low-Performing Students
pp. 166-171(6)
Authors: Boyd, Donald; Lankford, Hamilton; Loeb, Susanna; Wyckoff, James

Perspectives on Research and Teaching in Economics

Does Teaching Enhance Research in Economics?
pp. 172-176(5)
Authors: Becker, William E.; Kennedy, Peter E.

Views of Teaching and Research in Economics and Other Disciplines
pp. 177-183(7)
Authors: Walstad, William B.; Allgood, Sam

Education and Health of Women and Children

Parental Child Care in Single-Parent, Cohabiting, and Married-Couple Families: Time-Diary Evidence from the United Kingdom
pp. 194-198(5)
Authors: Kalenkoski, Charlene M.; Ribar, David C.; Stratton, Leslie S.

Infertility Insurance Mandates and Fertility
pp. 204-208(5)
Author: Schmidt, Lucie

Insurance Markets and Health Care

Charity Care, Risk Pooling, and the Decline in Private Health Insurance
pp. 209-213(5)
Authors: Chernew, Michael; Cutler, David; Keenan, Patricia Seliger

The Consequences of the Growth of Health Insurance Premiums
pp. 214-218(5)
Authors: Baicker, Katherine; Chandra, Amitabh

Dynamic Inefficiencies in Insurance Markets: Evidence from Long-Term Care Insurance
pp. 224-228(5)
Authors: Finkelstein, Amy; McGarry, Kathleen; Sufi, Amir

SES Gradients in Health

Health and Wealth among the Poor: India and South Africa Compared
pp. 229-233(5)
Authors: Case, Anne; Deaton, Angus

Socioeconomic Differences in the Adoption of New Medical Technologies
pp. 234-237(4)
Authors: Goldman, Dana; Smith, James P.

What Explains Differences in Smoking, Drinking, and Other Health-Related Behaviors?
pp. 238-242(5)
Authors: Cutler, David M.; Glaeser, Edward

Recent Developments in Health Economics

The Volume–Outcome Effect, Scale Economies, and Learning-by-Doing
pp. 243-247(5)
Authors: Gaynor, Martin; Seider, Harald; Vogt, William B.

Access to Care, Provider Choice, and the Infant Health Gradient
pp. 248-252(5)
Authors: Aizer, Anna; Lleras-Muney, Adriana; Stabile, Mark

Welfare-Enhancing Technological Change and the Growth of Obesity
pp. 253-257(5)
Authors: Lakdawalla, Darius; Philipson, Tomas; Bhattacharya, Jay

The 1918 Influenza Pandemic and Subsequent Health Outcomes: An Analysis of SIPP Data
pp. 258-262(5)
Authors: Almond, Douglas; Mazumder, Bhashkar

Alcohol Taxation and Control

An Investigation of the Effects of Alcohol Consumption and Alcohol Policies on Youth Risky Sexual Behaviors
pp. 263-266(4)
Authors: Markowitz, Sara; Kaestner, Robert; Grossman, Michael

The Net Effect of an Alcohol Tax Increase on Death Rates in Middle Age
pp. 278-281(4)
Authors: Cook, Philip J.; Ostermann, Jan; Sloan, Frank A.

Cars, Gas, and Pollution Policies

Distributional and Efficiency Impacts of Gasoline Taxes: An Econometrically Based Multi-market Study
pp. 282-287(6)
Authors: Bento, Antonio M.; Goulder, Lawrence H.; Henry, Emeric; Jacobsen, Mark R.; von Haefen, Roger H.

The Cost of Reducing Gasoline Consumption
pp. 294-299(6)
Authors: West, Sarah E.; Williams, Roberton C.

Cost-Effective Policies to Reduce Vehicle Emissions
pp. 300-304(5)
Authors: Fullerton, Don; Gan, Li

Technology, Trade, and Investment

Returning to the Returns to Computer Use
pp. 314-317(4)
Authors: Pabilonia, Sabrina Wulff; Zoghi, Cindy

Implications of Intellectual Property Rights for Dynamic Gains from Trade
pp. 318-322(5)
Authors: Connolly, Michelle; Valderrama, Diego

Regulation and the High Cost of Housing

Regulation and the High Cost of Housing in California
pp. 323-328(6)
Authors: Quigley, John M.; Raphael, Steven

Why Have Housing Prices Gone Up?
pp. 329-333(5)
Authors: Glaeser, Edward L.; Gyourko, Joseph; Saks, Raven E.

Metropolitan-Specific Estimates of the Price Elasticity of Supply of Housing, and Their Sources
pp. 334-339(6)
Authors: Green, Richard K.; Malpezzi, Stephen; Mayo, Stephen K.

Neuroscientific Foundations of Economic Decision-Making

The Neuroeconomics of Mind Reading and Empathy
pp. 340-345(6)
Authors: Singer, Tania; Fehr, Ernst

Neuroeconomic Foundations of Trust and Social Preferences: Initial Evidence
pp. 346-351(6)
Authors: Fehr, Ernst; Fischbacher, Urs; Kosfeld, Michael

Cognitive Neuroscientific Foundations of Economic Behavior

Fear and Greed in Financial Markets: A Clinical Study of Day-Traders
pp. 352-359(8)
Authors: Lo, Andrew W.; Repin, Dmitry V.; Steenbarger, Brett N.

The Neuroeconomics of Distrust: Sex Differences in Behavior and Physiology
pp. 360-363(4)
Authors: Zak, Paul J.; Borja, Karla; Matzner, William T.; Kurzban, Robert

Practical Market Design: Four Matches

The New York City High School Match
pp. 364-367(4)
Authors: Abdulkadiroğlu, Atila; Pathak, Parag A.; Roth, Alvin E.

The Boston Public School Match
pp. 368-371(4)
Authors: Abdulkadiroğlu, Atila; Pathak, Parag A.; Roth, Alvin E.; Sönmez, Tayfun

The Gastroenterology Fellowship Market: Should There Be a Match?
pp. 372-375(4)
Authors: Niederle, Muriel; Roth, Alvin E.

A Kidney Exchange Clearinghouse in New England
pp. 376-380(5)
Authors: Roth, Alvin E.; Sönmez, Tayfun; Utku Ünver, M.

New Perspectives on Reputation and Debt

Sudden Stops and Output Drops
pp. 381-387(7)
Authors: Chari, V.V.; Kehoe, Patrick J.; McGrattan, Ellen R.

Coordinating Creditors
pp. 388-392(5)
Author: Wright, Mark L.J.

Grants versus Loans for Development Banks
pp. 393-397(5)
Authors: Bulow, Jeremy; Rogoff, Kenneth

Financial Economics, Macroeconomics, and Econometrics: The Interface

A Framework for Exploring the Macroeconomic Determinants of Systematic Risk
pp. 398-404(7)
Authors: Andersen, Torben G.; Bollerslev, Tim; Diebold, Francis X.; Wu, Jin

Meese-Rogoff Redux: Micro-Based Exchange-Rate Forecasting
pp. 405-414(10)
Authors: Evans, Martin D.D.; Lyons, Richard K.

Modeling Bond Yields in Finance and Macroeconomics
pp. 415-420(6)
Authors: Diebold, Francis X.; Piazzesi, Monika; Rudebusch, Glenn D.

Dynamic Scoring

Dynamic Scoring: An Introduction to the Issues
pp. 421-425(5)
Author: Auerbach, Alan J.

What Does the Taxable Income Elasticity Say About Dynamic Responses to Tax Changes?
pp. 426-431(6)
Authors: Carroll, Robert; Hrung, Warren

The Role of Dynamic Scoring in the Federal Budget Process: Closing the Gap between Theory and Practice
pp. 432-436(5)
Authors: Altshuler, Rosanne; Bull, Nicholas; Diamond, John; Dowd, Tim; Moomau, Pamela

Competition Policy for Journals

The Bundling of Academic Journals
pp. 441-446(6)
Authors: Edlin, Aaron S.; Rubinfeld, Daniel L.

Academic Journal Pricing and the Demand of Libraries
pp. 447-452(6)
Authors: Nevo, Aviv; Rubinfeld, Daniel L.; McCabe, Mark

Open Access and Academic Journal Quality
pp. 453-459(7)
Authors: McCabe, Mark J.; Snyder, Christopher M.

Proceedings

Reports

Secretary
pp. 475-478(4)

Treasurer
pp. 479-482(4)

Finance Committee
pp. 483-484(2)

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