IngentaConnect Table Of Contents: The American Economic Review

Editors' Introduction
pp. viii-viii(1)
Authors: DeBlasi, Michelle; Oaxaca, Ronald L.

Foreword
pp. ix-ix(1)
Author: Sargent, Thomas J.

Beliefs, Doubts and Learning: Valuing Macroeconomic Risk
pp. 1-30(30)
Author: Hansen, Lars Peter

The Technology of Skill Formation
pp. 31-47(17)
Authors: Cunha, Flavio; Heckman, James

Model Validation and Model Comparison

Ex Ante Policy Evaluation, Structural Estimation, and Model Selection
pp. 48-52(5)
Author: Wolpin, Kenneth I.

Testing the Mechanisms of Structural Models: The Case of the Mickey Mantle Effect
pp. 53-59(7)
Authors: Fang, Hanming; Keane, Michael; Khwaja, Ahmed; Salm, Martin; Silverman, Dan

Bayesian Model Comparison and Validation
pp. 60-64(5)
Author: Geweke, John

Risk Sharing and Cooperation in Social Networks

Reciprocity in Groups and the Limits to Social Capital
pp. 65-69(5)
Authors: Bloch, Francis; Genicot, Garance; Ray, Debraj

Risk Sharing across Communities
pp. 70-74(5)
Authors: Bramoullé, Yann; Kranton, Rachel

Risk Sharing and Network Formation
pp. 75-79(5)
Authors: Fafchamps, Marcel; Gubert, Flore

Community Size and Network Closure
pp. 80-85(6)
Authors: Allcott, Hunt; Karlan, Dean; Möbius, Markus M.; Rosenblat, Tanya S.; Szeidl, Adam

Networked Interactions

Communication Networks: Knowledge and Decisions
pp. 86-91(6)
Authors: Calvó-Armengol, Antoni; de Martí, Joan

Diffusion of Behavior and Equilibrium Properties in Network Games
pp. 92-98(7)
Authors: Jackson, Matthew O.; Yariv, Leeat

Financial Networks
pp. 99-103(5)
Authors: Gale, Douglas M.; Kariv, Shachar

Social Insurance Programs: Good for Workers? Good for the Labor Market?

Evaluating the Worker Profiling and Reemployment Services System Using a Regression Discontinuity Approach
pp. 104-107(4)
Authors: Black, Dan A.; Galdo, Jose; Smith, Jeffrey A.

Unemployment Benefits, Unemployment Duration, and Post-Unemployment Jobs: A Regression Discontinuity Approach
pp. 108-112(5)
Author: Lalive, Rafael

The Spike at Benefit Exhaustion: Leaving the Unemployment System or Starting a New Job?
pp. 113-118(6)
Authors: Card, David; Chetty, Raj; Weber, Andrea

Distinguishing Income from Substitution Effects in Disability Insurance
pp. 119-124(6)
Authors: Autor, David H.; Duggan, Mark G.

Developments in Dynamic Mechanism Design

An Ascending Auctions for Independent Values: Uniqueness and Robustness to Strategic Uncertainty
pp. 125-130(6)
Authors: Bergemann, Dirk; Morris, Stephen

Designing Efficient Mechanisms for Dynamic Bilateral Trading Games
pp. 131-136(6)
Authors: Athey, Susan; Segal, Ilya

On Quitting Rights in Mechanism Design
pp. 137-141(5)
Authors: Compte, Olivier; Jehiel, Philippe

Decision Theory: New Methods, New Insights

Neuroeconomic Studies of Impulsivity: Now or Just as Soon as Possible?
pp. 142-147(6)
Authors: William Glimcher, Paul; Kable, Joseph; Louie, Kenway

The Neuroeconomic Theory of Learning
pp. 148-152(5)
Authors: Caplin, Andrew; Dean, Mark

Revealing Preferences Graphically: An Old Method Gets a New Tool Kit
pp. 153-158(6)
Authors: Choi, Syngjoo; Fisman, Raymond; Gale, Douglas M.; Kariv, Shachar

Beliefs in the Utility Function

Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns
pp. 159-165(7)
Authors: Brunnermeier, Markus K.; Gollier, Christian; Parker, Jonathan A.

Experimental Testing of Intrinsic Preferences for NonInstrumental Information
pp. 166-169(4)
Authors: Eliaz, Kfir; Schotter, Andrew

Guilt in Games
pp. 170-176(7)
Authors: Battigalli, Pierpaolo; Dufwenberg, Martin

Contracts and Fairness

Adding a Stick to the Carrot? The Interaction of Bonuses and Fines
pp. 177-181(5)
Authors: Fehr, Ernst; Schmidt, Klaus M.

Incomplete Contracts and Ownership: Some New Thoughts
pp. 182-186(5)
Authors: Hart, Oliver; Moore, John

Can Contract Theory Explain Social Preferences?
pp. 187-192(6)
Author: MacLeod, Bentley W.

Search-and-Matching Financial Markets

Liquidity and Risk Management
pp. 193-197(5)
Authors: Gârleanu, Nicolae; Heje Pedersen, Lasse

Search in Asset Markets: Market Structure, Liquidity, and Welfare
pp. 198-202(5)
Authors: Lagos, Ricardo; Rocheteau, Guillaume

Information Percolation in Large Markets
pp. 203-209(7)
Authors: Duffie, Darrell; Manso, Gustavo

Capital Market Frictions

Market Maker Inventories and Stock Prices
pp. 210-214(5)
Authors: Hendershott, Terrence; Seasholes, Mark S.

Slow Moving Capital
pp. 215-220(6)
Authors: Mitchell, Mark; Heje Pedersen, Lasse; Pulvino, Todd

Systemic Illiquidity in the Federal Funds Market
pp. 221-225(5)
Authors: Ashcraft, Adam B.; Duffie, Darrell

Habit Persistence and the Macroeconomy

Increasing Income Inequality, External Habits, and Self-Reported Happiness
pp. 226-231(6)
Authors: Dynan, Karen E.; Ravina, Enrichetta

Pricing to Habits and the Law of One Price
pp. 232-238(7)
Authors: Ravn, Morten O.; Schmitt-Grohé, Stephanie; Uribe, Martín

Explaining Asset Prices with External Habits and Wage Rigidities in a DSGE Model
pp. 239-243(5)
Author: Uhlig, Harald

Inaction and Adjustment: Consequences for Households and Firms

Optimal Inattention to the Stock Market
pp. 244-249(6)
Authors: Abel, Andrew B.; Eberly, Janice C.; Panageas, Stavros

Uncertainty and the Dynamics of R&D
pp. 250-255(6)
Author: Bloom, Nick

Investment under Uncertainty with Strategic Debt Service
pp. 256-261(6)
Authors: Sundaresan, Suresh; Wang, Neng

Monetary Systems: Transitions and Experiments

The Bank of Amsterdam and the Leap to Central Bank Money
pp. 262-265(4)
Authors: Quinn, Stephen; Roberds, William

Backing, the Quantity Theory, and the Transition to the US Dollar, 1723-1850
pp. 266-270(5)
Author: Rousseau, Peter L.

The Political Economy of the US Monetary Union: The Civil War Era as a Watershed
pp. 271-275(5)
Authors: Weiman, David F.; James, John A.

John Law's System
pp. 276-279(4)
Authors: Velde, François R.

Wars, Finance, and War Finance

The Net Worth of the US Federal Government, 1784-1802
pp. 280-284(5)
Author: Grubb, Farley

The Great Financial Crisis of 1914: What Can We Learn from Aldrich-Vreeland Emergency Currency?
pp. 285-289(5)
Author: Silber, William L.

The McKenna Rule and UK World War I Finance
pp. 290-294(5)
Authors: Nason, James M.; Vahey, Shaun P.

How Occupied France Financed Its Own Exploitation in World War II
pp. 295-299(5)
Authors: Occhino, Filippo; Oosterlinck, Kim; White, Eugene N.

The Transparency of Political Institutions

The Perils of Transparency in Bureaucracies
pp. 300-305(6)
Authors: Gavazza, Alessandro; Lizzeri, Alessandro

Decision-Making Procedures for Committees of Careerist Experts
pp. 306-310(5)
Author: Levy, Gilat

The Transparency of Politics and the Quality of Politicians
pp. 311-315(5)
Authors: Mattozzi, Andrea; Merlo, Antonio

Is Foreign Aid Helping?

Aid Effectiveness—Opening the Black Box
pp. 316-321(6)
Authors: Bourguignon, François; Sundberg, Mark

Does Aid Affect Governance?
pp. 322-327(6)
Authors: Rajan, Raghuram; Subramanian, Arvind

Was Development Assistance a Mistake?
pp. 328-332(5)
Author: Easterly, William

Exchange Rate Puzzles

The Returns to Currency Speculation in Emerging Markets
pp. 333-338(6)
Authors: Burnside, Craig; Eichenbaum, Martin; Rebelo, Sergio

If Exchange Rates Are Random Walks, Then Almost Everything We Say About Monetary Policy Is Wrong
pp. 339-345(7)
Authors: Alvarez, Fernando; Atkeson, Andrew; Kehoe, Patrick J.

Random Walk Expectations and the Forward Discount Puzzle
pp. 346-350(5)
Authors: Bacchetta, Philippe; van Wincoop, Eric

New Approaches to International Trade

Unbalanced Trade
pp. 351-355(5)
Authors: Dekle, Robert; Eaton, Jonathan; Kortum, Samuel

Trade Flow Dynamics with Heterogeneous Firms
pp. 356-361(6)
Authors: Ghironi, Fabio; Melitz, Marc J.

Pricing-to-Market in a Ricardian Model of International Trade
pp. 362-367(6)
Authors: Atkeson, Andrew; Burstein, Ariel

Globalization and Economic Outcomes for Minority Groups

The Effect of Globalization on the Performance of Small- and Medium-Sized Enterprises in the United States: Does Owners' Race/Ethnicity Matter?
pp. 368-372(5)
Authors: Asiedu, Elizabeth; Freeman, James A.

The Effects of Recent Immigration on Racial/Ethnic Labor Market Differentials
pp. 373-377(5)
Authors: Reed, Deborah; Danziger, Sheldon

Inward Foreign Direct Investment and Racial Employment Patterns in US Manufacturing
pp. 378-382(5)
Authors: Gelan, Abera; Husbands Fealing, Kaye; Peoples, James

Differential Impacts of Immigrants on Native Black and White Workers
pp. 383-387(5)
Authors: Ong, Paul; Mar, Don

Growth, Education, and Investment in Children

Nonlinearities and Robustness in Growth Regressions
pp. 388-392(5)
Author: Minier, Jenny

Public Education Expenditures, Taxation, and Growth: Linking Data to Theory
pp. 393-397(5)
Authors: Blankenau, William F.; Simpson, Nicole B.; Tomljanovich, Marc

Why Do Poor Children Lose Health Insurance in the SCHIP Era? The Role of Family Health
pp. 398-401(4)
Authors: Carroll, Anne; Corman, Hope; Noonan, Kelly; Reichman, Nancy E.

The Effect of Child Gender on Parents' Labor Supply: An Examination of Natives, Immigrants, and their Children
pp. 402-406(5)
Authors: Wulff Pabilonia, Sabrina; Ward-Batts, Jennifer

Gender and Labor Market Outcomes

Reaching Equilibrium in the Market for Obstetricians and Gynecologists
pp. 407-411(5)
Author: Wolpaw Reyes, Jessica

Gender Differences in the Labor Market: Impact of IRCA's Amnesty Provisions
pp. 412-416(5)
Authors: Amuedo-Dorantes, Catalina; Bansak, Cynthia; Raphael, Steven

The Role of Labor Market Intermittency in Explaining Gender Wage Differentials
pp. 417-421(5)
Authors: Hotchkiss, Julie L.; Pitts, Melinda M.

Women Helping Women, Men Helping Women? Same-Gender Mentoring, Initial Job Placements, and Early Career Publishing Success for Economics PhDs
pp. 422-426(5)
Authors: Hilmer, Christiana; Hilmer, Michael

Medical Innovation and the Social Value of Health Progress

Integrated Insurance Design in the Presence of Multiple Medical Technologies
pp. 427-432(6)
Authors: Goldman, Dana; Philipson, Tomas J.

Social Value and the Speed of Innovation
pp. 433-437(5)
Authors: Murphy, Kevin M.; Topel, Robert H.

The Impact of New Drugs on US Longevity and Medical Expenditure, 1990-2003: Evidence from Longitudinal, Disease-Level Data
pp. 438-443(6)
Author: Lichtenberg, Frank R.

Empirical Industrial Organization

Identification and Estimation of Bidders' Risk Aversion in First-Price Auctions
pp. 444-448(5)
Authors: Perrigne, Isabelle; Vuong, Quang

An Estimable Dynamic Model of Entry, Exit, and Growth in Oligopoly Retail Markets
pp. 449-454(6)
Authors: Aguirregabiria, Victor; Mira, Pedro; Roman, Hernan

Bounding Revenue Comparisons across Multi-Unit Auction Formats under ε-Best Response
pp. 455-458(4)
Authors: Chapman, James T.E.; McAdams, David; Paarsch, Harry J.

Linear Regression Estimation of Discrete Choice Models with Nonparametric Distributions of Random Coefficients
pp. 459-463(5)
Authors: Bajari, Patrick; Fox, Jeremy T.; Ryan, Stephen P.

Behavioral Welfare Economics

Toward Choice-Theoretic Foundations for Behavioral Welfare Economics
pp. 464-470(7)
Authors: Bernheim, Douglas B.; Rangel, Antonio

Welfare without Happiness
pp. 471-476(6)
Authors: Gul, Faruk; Pesendorfer, Wolfgang

Mistakes in Choice-Based Welfare Analysis
pp. 477-481(5)
Authors: Kőszegi, Botond; Rabin, Matthew

Biological Evolution and Economics

Some Evolutionary Economics of Family Partnerships
pp. 482-486(5)
Author: Bergstrom, Theodore C.

Habits, Peers, and Happiness: An Evolutionary Perspective
pp. 487-491(5)
Authors: Rayo, Luis; Becker, Gary S.

Why Do We Die? Economics, Biology, and Aging
pp. 492-495(4)
Authors: Robson, Arthur J.; Kaplan, Hillard S.

The Evolution of Intertemporal Preferences
pp. 496-500(5)
Authors: Robson, Arthur J.; Samuelson, Larry

The Market and Pre-market for Graduate Students in Economics

Is there an Insider Advantage in Getting Tenure?
pp. 501-505(5)
Author: Oyer, Paul

The Search for Economics Talent: Doctoral Completion and Research Productivity
pp. 506-511(6)
Authors: Grove, Wayne A.; Wu, Stephen

What Does Performance in Graduate School Predict? Graduate Economics Education and Student Outcomes
pp. 512-518(7)
Authors: Athey, Susan; Katz, Lawrence F.; Krueger, Alan B.; Levitt, Steven; Poterba, James

Daron Acemoglu

John Bates Clark Medalist
2005
pp. 521-522(2)

Minutes of the Annual Meeting Chicago, IL January 6, 2007
pp. 523-524(2)
Author: Siegfried, John J.

Minutes of the Executive Committee Meetings
pp. 525-533(9)
Author: Siegfried, John J.

Report of the Secretary for 2006
pp. 534-537(4)
Author: Siegfried, John J.

Report of the Treasurer
pp. 538-541(4)
Author: Siegfried, John J.

Report of the Editor

American Economic Review
pp. 542-554(13)
Author: Moffitt, Robert A.

Report of the Editor

Journal of Economic Literature
pp. 555-557(3)
Author: Gordon, Roger

Report of the Editor

Journal of Economic Perspectives
pp. 558-559(2)
Author: Shleifer, Andrei

Report of the Director

Job Openings for Economists
pp. 560-562(3)
Author: Siegfried, John J.

Report of the Committee on Economic Education
pp. 563-565(3)
Author: Watts, Michael

Report of the Committee on the Status of Women in the Economics Profession
pp. 566-572(7)
Author: Lynch, Lisa M.

Report on the Committee on the Status of Minority Groups in the Economics Profession
pp. 573-580(8)
Author: Rouse, Cecilia Elena

Report of the First Four Years of the AEA Committee on Economic Statistics
pp. 581-582(2)
Author: Nordhaus, William

Report of the Representative to the International Economic Association
pp. 583-583(1)
Author: Eaton, Jonathan

Report of the Search Committee for the Founding Editor of American Economic Journal: Macroeconomics
pp. 584-584(1)
Author: Hall, Robert E.

Report of the Search Committee for the Founding Editor of American Economic Journal: Microeconomics
pp. 585-585(1)
Author: Maskin, Eric

Report of the Search Committee for the Founding Editor of American Economic Journal: Applied Economics
pp. 586-586(1)
Author: Blank, Rebecca

Report of the Search Committee for the Founding Editor of American Economic Journal: Economic Policy
pp. 587-587(1)
Author: Quigley, John

American Economic Association Universal Academic Questionnaire Summary Statistics
pp. 588-591(4)
Authors: Scott, Charles E.; Siegfried, John J.