Front Matter
(pp. i–x)
AEA Papers and Proceedings
ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online)
Vol. 113, May 2023
Find articles in this issue
President's Foreword
(pp. xi)
Editors' Introduction
(pp. xii)
Distorted Innovation: Does the Market Get the Direction of Technology Right?
(pp. 1–28)
The Macroeconomic Consequences of International Financial Sanctions
(pp. 29–32)
International Sanctions and Limits of Lerner Symmetry
(pp. 33–38)
How Should Sanctions Account for Bystander Countries?
(pp. 39–42)
Sectoral Shocks and the Role of Market Integration: The Case of Natural Gas
(pp. 43–46)
Four Mistakes in the Use of Measures of Expected Inflation
(pp. 47–51)
Perceived and Expected Rates of Inflation of US Firms
(pp. 52–55)
Firm Inflation Uncertainty
(pp. 56–60)
Unconventional Fiscal Policy at Work
(pp. 61–64)
Interest Rates and World Trade: An "Austrian" Perspective
(pp. 65–69)
The Trickling Up of Excess Savings
(pp. 70–75)
Quantifying the Inflationary Impact of Fiscal Stimulus under Supply Constraints
(pp. 76–80)
Measuring the Share of Imports in Final Consumption
(pp. 81–86)
Sprouting Cities: How Rural America Industrialized
(pp. 87–92)
New Measurement of Export Participation in US Manufacturing
(pp. 93–98)
Market Power, Financial Constraints, and Monetary Transmission
(pp. 99–104)
Monetary Policy, Market Power, and SMEs
(pp. 105–09)
The Wage Phillips Curve under Labor Market Power
(pp. 110–13)
China in Tax Havens
(pp. 114–19)
The Secular Decrease in UK Safe Asset Market Power
(pp. 120–24)
The Stock Connect to China
(pp. 125–30)
Debt Distress on China's Belt and Road
(pp. 131–34)
Timely Business Dynamics Using Google Places
(pp. 135–39)
Measuring Business Trends and Outlook through a New Survey
(pp. 140–44)
Payroll Employment at the Weekly Frequency
(pp. 145–50)
Are Business Applications Early Economic Indicators?
(pp. 151–55)
Homophily and Community Structure at Scale: An Application to a Large Professional Network
(pp. 156–60)
Using Grouped Data to Estimate Revenue Heterogeneity in Online Advertising Auctions
(pp. 161–65)
Born to Be (Sub)Prime: An Exploratory Analysis
(pp. 166–71)
News Media, Inflation, and Sentiment
(pp. 172–76)
Bank Loan Monitoring, Distance, and Delegation
(pp. 177–81)
Control of Decentralized Autonomous Organizations
(pp. 182–85)
Stereotypes about Successful Entrepreneurs
(pp. 186–90)
Data Markets with Privacy-Conscious Consumers
(pp. 191–96)
Privacy and the Value of Data
(pp. 197–203)
Consumer Control and Privacy Policies
(pp. 204–09)
Advanced Technology Adoption: Selection or Causal Effects?
(pp. 210–14)
Robot Hubs: The Skewed Distribution of Robots in US Manufacturing
(pp. 215–18)
The Local Labor Market Effects of Modern Manufacturing Capital: Evidence from France
(pp. 219–23)
Robots and Female Employment in German Manufacturing
(pp. 224–28)
The Impact of Distance in Retail Markets
(pp. 229–33)
The Role of Housing Platforms in Facilitating Trading between Firms
(pp. 234–38)
Self-Preferencing at Amazon: Evidence from Search Rankings
(pp. 239–43)
Matching and Network Effects in Ride-Hailing
(pp. 244–47)
A Solomonic Solution to Blockchain Front-Running
(pp. 248–52)
Blockchain Private Pools and Price Discovery
(pp. 253–56)
Technologies That Replace a "Central Planner"
(pp. 257–62)
Financial Bubbles in Infinitely Repeated Auctions with Tokens
(pp. 263–67)
Innovation for Innovators: The Financing of Intangibles
(pp. 268–73)
The Great Start-up Sellout and the Rise of Oligopoly
(pp. 274–78)
Rising Markups, Rising Prices?
(pp. 279–83)
Terms of the Deal Were Not Announced: Accounting for Mergers with Unpublicized Values
(pp. 284–87)
M&A and Innovation: A New Classification of Patents
(pp. 288–93)
Mergers and Acquisitions under Common Ownership
(pp. 294–98)
Risk Rating without Information Provision
(pp. 299–303)
Efficient Adaptation to Flood Risk
(pp. 304–09)
Wildfire Insurance, Information, and Self-Protection
(pp. 310–15)
Policies for Electrifying the Light-Duty Vehicle Fleet in the United States
(pp. 316–22)
Pass-through of Electric Vehicle Subsidies: A Global Analysis
(pp. 323–28)
Has Consumer Acceptance of Electric Vehicles Been Increasing? Evidence from Microdata on Every New Vehicle Sale in the United States
(pp. 329–35)
The Mental Health of Caregivers and Young Children in Conflict-Affected Settings
(pp. 336–41)
Reparations for Victims: Lessons from Colombia
(pp. 342–46)
Least Protected, Most Affected: Impacts of Migration Regularization Programs on Pandemic Resilience
(pp. 347–51)
Refugee Entrepreneurship: The Case of Venezuelans in Colombia
(pp. 352–56)
Addressing the Surge in Unaccompanied Migrant Children
(pp. 357–60)
The Self-Employment Effects of Secure Communities in the United States
(pp. 361–66)
Anticipatory Migration Responses to Rural Climate Shocks
(pp. 367–71)
Do Health Disparities Narrow with Pollution Disparities? Trends from California
(pp. 372–76)
Do Tax Increases Tame Inflation?
(pp. 377–81)
Do Government Spending Multipliers Depend on the Sign of the Shock?
(pp. 382–87)
Fiscal Stimulus and the Systematic Response of Monetary Policy
(pp. 388–93)
The Importance of Fed Chair Speeches as a Monetary Policy Tool
(pp. 394–400)
The Short-Term Labor Supply Response to the Expanded Child Tax Credit
(pp. 401–05)
The Effects of the Monthly and Lump-Sum Child Tax Credit Payments on Food and Housing Hardship
(pp. 406–12)
The 2021 Child Tax Credit: Who Received It and How Did They Spend It?
(pp. 413–19)
The Impact of COVID-19 on Access to Mental Health Care Services
(pp. 420–22)
(Incorrect) Perceived Returns and Strategic Behavior among Talented Low-Income College Graduates
(pp. 423–26)
Males Should Mail? Gender Discrimination in Access to Childcare
(pp. 427–31)
Do Financial Incentives Encourage Women to Apply for a Tech Job? Evidence from a Natural Field Experiment
(pp. 432–35)
Perceptions of Gender Diversity in Occupations
(pp. 436–39)
Applicants to Historically Black Colleges and Universities
(pp. 440–45)
Colleges and Upward Economic Mobility: The Distinctive Contribution of HBCUs
(pp. 446–50)
Racial Gaps in Federal Flood Buyout Compensations
(pp. 451–55)
The Incarceration Penalty and Black-White Economic Inequality: The Case of Baltimore
(pp. 456–61)
Can High School Counselors Help the Economics Pipeline?
(pp. 462–66)
Fully Promoted: The Distribution and Determinants of Full Professorship in the Economics Profession
(pp. 467–72)
On the Gender Diversity of Research Teams in Economics Seminars
(pp. 473–76)
Effects of Parental Disability on Children's Schooling: The Surprising Role of Parental Education
(pp. 477–81)
Learning Curve: Progress in the Replication Crisis
(pp. 482–88)
Exacerbated Inequalities: The Learning Loss from COVID-19 in Italy
(pp. 489–93)
Behavioral Nudges Reduced Dropout Risk among Vulnerable Students during the Pandemic: Experimental Evidence from Brazil
(pp. 494–97)
Emotional and Behavioral Impacts of Telementoring and Homeschooling Support on Children
(pp. 498–502)
Emoticons as Performance Feedback for College Students: A Large-Classroom Field Experiment
(pp. 503–07)
Competition, Motivation, and Student Engagement
(pp. 508–13)
Messages That Foster a Sense of Belonging Improve Learning and Satisfaction: An Experiment in an Online Environment
(pp. 514–18)
Anxiety, Test-Taking Aid, and Test Scores: Evidence from Economics Classes
(pp. 519–23)
Matching Pell Grants: Implications for College Debt and Parental Transfers
(pp. 524–29)
The Effects of Higher Student Loan Limits on Access to High-Earnings Graduate Programs
(pp. 530–34)
The Insurance Implications of Government Student Loan Repayment Schemes
(pp. 535–40)
Knowledge about Federal Employment Nondiscrimination Protections on the Basis of Sexual Orientation
(pp. 541–45)
Heterogeneity in Attitude Responses: Evidence from Bostock v. Clayton County
(pp. 546–50)
Hormone Therapy, Suicidal Risk, and Transgender Youth in the United States
(pp. 551–55)
The Impact of COVID-19 on Workers' Expectations and Preferences for Remote Work
(pp. 556–61)
Selection Bias in Voluntary Random Testing: Evidence from a COVID-19 Antibody Study
(pp. 562–66)
Gendered Disparities during the COVID-19 Crisis in Sierra Leone
(pp. 567–71)
The Health of Democracies during the Pandemic: Results from a Randomized Survey Experiment
(pp. 572–76)
Labor Supply Shocks and Capital Accumulation: The Short- and Long-Run Effects of the Refugee Crisis in Europe
(pp. 577–84)
Distributional Impacts of the Canada-US Free Trade Agreement
(pp. 585–89)
Labor Mobility and Unemployment over the Business Cycle
(pp. 590–96)
Time Savings When Working from Home
(pp. 597–603)
Unlocked Potential: Work-from-Home Job Postings in 20 OECD Countries
(pp. 604–08)
How Work from Home Changes Housing Demand: Evidence from Online Search
(pp. 609–13)
Measuring Work from Home in the Cross Section
(pp. 614–18)
A Disaggregated View of Household Production Trends
(pp. 619–22)
A Model of Demand for Health and Caregiving Incorporating Marriage Markets
(pp. 623–26)
Is All Caregiving Created Equal? A Comparison of Caregiving to Children and Adults
(pp. 627–31)
The Girly Economics of Care Work: Implications for Economic Statistics
(pp. 632–36)
Why Did COVID-19 Vaccinations Lag in Low- and Middle-Income Countries? Lessons from Descriptive and Experimental Data
(pp. 637–41)
Does Childhood Immunization Rebound after Extreme Shocks? Evidence from Floods and Strikes in Pakistan
(pp. 642–46)
Government Trust and COVID-19 Vaccination: The Role of Supply Disruptions and Political Allegiances in Sierra Leone
(pp. 647–52)
The Impact of Large-Scale Social Media Advertising Campaigns on COVID-19 Vaccination: Evidence from Two Randomized Controlled Trials
(pp. 653–58)
Mental Models and Transfer Learning
(pp. 659–64)
Optimal Lending Contracts with Retrospective and Prospective Bias
(pp. 665–72)
Minutes of the Annual Business Meeting, New Orleans, LA, January 6, 2023
(pp. 673–77)
Report of the Secretary
(pp. 678–82)
Report of the Treasurer
(pp. 683–87)
American Economic Association 2022–2023 Universal Academic Questionnaire Summary Statistics
(pp. 688–91)
Note from the AEA Secretary-Treasurer about the Proceedings Supplement
(pp. 692)
Minutes of the Meeting of the Executive Committee via Zoom, April 8, 2022
(pp. 693–98)
Minutes of the Meeting of the Executive Committee, New Orleans, LA, January 5, 2023
(pp. 699–706)
Report of the Editor, American Economic Review
(pp. 707–20)
Report of the Editor, American Economic Review: Insights
(pp. 721–29)
Report of the Editor, Journal of Economic Literature
(pp. 729–32)
Report of the Editor, Journal of Economic Perspectives
(pp. 733–35)
Report of the Editor, American Economic Journal: Applied Economics
(pp. 736–44)
Report of the Editor, American Economic Journal: Economic Policy
(pp. 745–56)
Report of the Editor, American Economic Journal: Macroeconomics
(pp. 757–64)
Report of the Editor, American Economic Journal: Microeconomics
(pp. 765–71)
Report of the Director, Job Openings for Economists
(pp. 772–74)
Report of the Committee on Economic Education
(pp. 775–81)
Report of the Committee on Economic Statistics
(pp. 782–85)
Report of the Committee on Government Relations
(pp. 786–88)
Report of the Committee on the Job Market
(pp. 789–91)
Report of the Committee on the Status of LGBTQ+ Individuals in the Economics Profession
(pp. 792–93)
Report of the Committee on the Status of Minority Groups in the Economics Profession
(pp. 794–814)
Report of the Committee on the Status of Women in the Economics Profession
(pp. 815–39)
Report of the Task Force on Best Practices for Professional Conduct in Economics
(pp. 840–41)
Report of the Task Force on Outreach to High School and Undergraduate Students in Economics
(pp. 842–49)
Report of the AEA Data Editor
(pp. 850–63)
Report of the AEA Ombudsperson
(pp. 864–66)
AEA Data Legality Policy and Explanations
(pp. 867–68)
Report of the Search Committee for the Editor for the American Economic Review: Insights
(pp. 869)
Report of the Search Committee for the Editor for the American Economic Journal: Economic Policy
(pp. 870)
Report of the Search Committee for the Editor for the American Economic Journal: Microeconomics
(pp. 871)