Editors' Introduction
(p. viii)
American Economic Review
ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)
Vol. 97, No. 2, May 2007
Find articles in this issue
Foreword
(p. ix)
Beliefs, Doubts and Learning: Valuing Macroeconomic Risk
(pp. 1–30)
The Technology of Skill Formation
(pp. 31–47)
Ex Ante Policy Evaluation, Structural Estimation and Model Selection
(pp. 48–52)
Testing the Mechanisms of Structural Models: The Case of the Mickey Mantle Effect
(pp. 53–59)
Bayesian Model Comparison and Validation
(pp. 60–64)
Reciprocity in Groups and the Limits to Social Capital
(pp. 65–69)
Risk Sharing Across Communities
(pp. 70–74)
Risk Sharing and Network Formation
(pp. 75–79)
Community Size and Network Closure
(pp. 80–85)
Communication Networks: Knowledge and Decisions
(pp. 86–91)
Diffusion of Behavior and Equilibrium Properties in Network Games
(pp. 92–98)
Financial Networks
(pp. 99–103)
Evaluating the Worker Profiling and Reemployment Services System Using a Regression Discontinuity Approach
(pp. 104–107)
Unemployment Benefits, Unemployment Duration, and Post-Unemployment Jobs: A Regression Discontinuity Approach
(pp. 108–112)
The Spike at Benefit Exhaustion: Leaving the Unemployment System or Starting a New Job?
(pp. 113–118)
Distinguishing Income from Substitution Effects in Disability Insurance
(pp. 119–124)
An Ascending Auction for Interdependent Values: Uniqueness and Robustness to Strategic Uncertainty
(pp. 125–130)
Designing Efficient Mechanisms for Dynamic Bilateral Trading Games
(pp. 131–136)
On Quitting Rights in Mechanism Design
(pp. 137–141)
Neuroeconomic Studies of Impulsivity: Now or Just as Soon as Possible?
(pp. 142–147)
The Neuroeconomic Theory of Learning
(pp. 148–152)
Revealing Preferences Graphically: An Old Method Gets a New Tool Kit
(pp. 153–158)
Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns
(pp. 159–165)
Experimental Testing of Intrinsic Preferences for NonInstrumental Information
(pp. 166–169)
Guilt in Games
(pp. 170–176)
Adding a Stick to the Carrot? The Interaction of Bonuses and Fines
(pp. 177–181)
Incomplete Contracts and Ownership: Some New thoughts
(pp. 182–186)
Can Contract Theory Explain Social Preferences?
(pp. 187–192)
Liquidity and Risk Management
(pp. 193–197)
Search in Asset Markets: Market Structure, Liquidity, and Welfare
(pp. 198–202)
Information Percolation in Large Markets
(pp. 203–209)
Market Maker Inventories and Stock Prices
(pp. 210–214)
Slow Moving Capital
(pp. 215–220)
Systemic Illiquidity in the Federal Funds Market
(pp. 221–225)
Increasing Income Inequality, External Habits, and Self-Reported Happiness
(pp. 226–231)
Pricing to Habits and the Law of One Price
(pp. 232–238)
Explaining Asset Prices with External Habits and Wage Rigidities in a DSGE Model
(pp. 239–243)
Optimal Inattention to the Stock Market
(pp. 244–249)
Uncertainty and the Dynamics of R&D
(pp. 250–255)
Investment under Uncertainty with Strategic Debt Service
(pp. 256–261)
The Bank of Amsterdam and the Leap to Central Bank Money
(pp. 262–265)
Backing, the Quantity Theory, and the Transition to the US Dollar, 1723-1850
(pp. 266–270)
The Political Economy of the US Monetary Union: The Civil War Era as a Watershed
(pp. 271–275)
John Law's System
(pp. 276–279)
The Net Worth of the US Federal Government, 1784-1802
(pp. 280–284)
The Great Financial Crisis of 1914: What Can We Learn from Aldrich–Vreeland Emergency Currency?
(pp. 285–289)
The McKenna Rule and UK World War I Finance
(pp. 290–294)
How Occupied France Financed Its Own Exploitation in World War II
(pp. 295–299)
The Perils of Transparency in Bureaucracies
(pp. 300–305)
Decision–Making Procedures for Committees of Careerist Experts
(pp. 306–310)
The Transparency of Politics and the Quality of Politicians
(pp. 311–315)
Aid Effectiveness – Opening the Black Box
(pp. 316–321)
Does Aid Affect Governance?
(pp. 322–327)
Was Development Assistance a Mistake?
(pp. 328–332)
The Returns to Currency Speculation in Emerging Markets
(pp. 333–338)
If Exchange Rates are Random Walks, Then Almost Everything We Say About Monetary Policy is Wrong
(pp. 339–345)
Random Walk Expectations and the Forward Discount Puzzle
(pp. 346–350)
Unbalanced Trade
(pp. 351–355)
Trade Flow Dynamics with Heterogeneous Firms
(pp. 356–361)
Pricing-to-Market in a Ricardian Model of International Trade
(pp. 362–367)
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)
The Effects of Recent Immigration on Racial/Ethnic Labor Market Differentials
(pp. 373–377)
Inward Foreign Direct Investment and Racial Employment Patterns in US Manufacturing
(pp. 378–382)
Differential Impacts of Immigrants on Native Black and White Workers
(pp. 383–387)
Nonlinearities and Robustness in Growth Regressions
(pp. 388–392)
Public Education Expenditures, Taxation, and Growth: Linking Data to Theory
(pp. 393–397)
Why Do Poor Children Lose Health Insurance in the SCHIP Era? The Role of Family Health
(pp. 398–401)
The Effect of Child Gender on Parents' Labor Supply: An Examination of Natives, Immigrants, and their Children
(pp. 402–406)
Reaching Equilibrium in the Market for Obstetricians and Gynecologists
(pp. 407–411)
Gender Differences in the Labor Market: Impact of IRCA
(pp. 412–416)
The Role of Labor Market Intermittency in Explaining Gender Wage Differentials
(pp. 417–421)
Women Helping Women, Men Helping Women? Same-Gender Mentoring, Initial Job Placements, and Early Career Publishing Success for Economics PhDs
(pp. 422–426)
Integrated Insurance Design in the Presence of Multiple Medical Technologies
(pp. 427–432)
Social Value and the Speed of Innovation
(pp. 433–437)
The Impact of New Drugs on US Longevity and Medical Expenditure, 1990–2003: Evidence from Longitudinal, Disease-Level Data
(pp. 438–443)
Identification and Estimation of Bidders' Risk Aversion in First-Price Auctions
(pp. 444–448)
An Estimate Dynamic Model of Entry, Exit, and Growth in Oligopoly Retail Markets
(pp. 449–454)
Bounding Revenue Comparisons across Multi-Unit Auction Formats under ε-Best Response
(pp. 455–458)
Linear Regression Estimation of Discrete Choice Models with Nonparametric Distributions of Random Coefficients
(pp. 459–463)
Toward Choice-Theoretic Foundations for Behavioral Welfare Economics
(pp. 464–470)
Welfare without Happiness
(pp. 471–476)
Mistakes in Choice-Based Welfare Analysis
(pp. 477–481)
Some Evolutionary Economics of Family Partnerships
(pp. 482–486)
Habits, Peers, and Happiness: An Evolutionary Perspective
(pp. 487–491)
Why do We Die? Economics, Biology and Aging
(pp. 492–495)
The Evolution of Intertemporal Preferences
(pp. 496–500)
Is There An Insider Advantage in Getting Tenure?
(pp. 501–505)
The Search for Economics Talent: Doctoral Completion and Research Productivity
(pp. 506–511)
What Does Performance in Graduate School Predict? Graduate Economics Education and Student Outcomes
(pp. 512–520)
John Bates Clark Award
(pp. 521–522)
Minutes of the Annual Meeting
(pp. 523–524)
Minutes of the Executive Committee Meetings
(pp. 525–533)
Report of the Secretary
(pp. 534–537)
Report of the Treasurer
(pp. 538–541)
Report of the Editor, American Economic Review
(pp. 542–554)
Report of the Editor, Journal of Economic Literature
(pp. 555–557)
Report of the Editor, Journal of Economic Perspectives
(pp. 558–559)
Report of the Director, Job Openings for Economists
(pp. 560–562)
Report of the Committee on Economic Education
(pp. 563–565)
Report of the Committee on the Status of Women in the Economics Profession
(pp. 566–572)
Report of the Committee on the Status of Minority Groups in the Economics Profession
(pp. 573–580)
Report of the Committee on Economic Statistics
(pp. 581–582)
Report of the Representative to the International Economic Association
(p. 583)
Report of the Search Committee for the Editor, American Economic Journal: Macroeconomics
(p. 584)
Report of the Search Committee for the Editor, American Economic Journal: Microeconomics
(p. 585)
Report of the Search Committee for the Editor, American Economic Journal: Applied Economics
(p. 586)
Report of the Search Committee for the Editor, American Economic Journal: Economic Policy
(p. 587)
American Economic Association Universal Academic Questionnaire Summary Statistics
(p. 588)