The American Economic Review

最新文章

• Ethnic Attrition and the Observed Health of Later-Generation Mexican Americans AI翻译
  作者：Antman, Francisca; Duncan, Brian; Trejo, Stephen J.
  作者单位：University of Colorado System; University of Colorado Boulder; University of Colorado System; University of Colorado Denver; University of Texas System; University of Texas Austin
• Beyond Beta-Delta: The Emerging Economics of Personal Plans AI翻译
  作者：Beshears, John; Milkman, Katherine L.; Schwartzstein, Joshua
  作者单位：Harvard University; University of Pennsylvania
• Does the EITC Buffer against Neighborhood Transition? Evidence from Washington, DC AI翻译
  作者：Brown-Robertson, LaTanya; Casey, Marcus; Hardy, Bradley; Muhammad, Daniel
  作者单位：University System of Maryland; Bowie State University; University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; American University
• Declining Business Dynamism: What We Know and the Way Forward AI翻译
  作者：Decker, Ryan A.; Haltiwanger, John; Jarmin, Ron S.; Miranda, Javier
  作者单位：Federal Reserve System - USA; Federal Reserve System Board of Governors; University System of Maryland; University of Maryland College Park
• Converging to American: Healthy Immigrant Effect in Children of Immigrants AI翻译
  作者：Garcia-Perez, Monica
  作者单位：Minnesota State Colleges & Universities; Saint Cloud State University
• Anticipated Banking Panics AI翻译
  作者：Gertler, Mark; Kiyotaki, Nobuhiro; Prestipino, Andrea
  作者单位：New York University; Princeton University; Federal Reserve System - USA; Federal Reserve System Board of Governors
• Parameter Learning in General Equilibrium: The Asset Pricing Implications AI翻译
  作者：Collin-Dufresne, Pierre; Johannes, Michael; Lochstoer, Lars A.
  作者单位：Swiss Federal Institutes of Technology Domain; Ecole Polytechnique Federale de Lausanne; Swiss Finance Institute (SFI); Centre for Economic Policy Research - UK; Columbia University
  摘要：Parameter learning strongly amplifies the impact of macroeconomic shocks on marginal utility when the representative agent has a preference for early resolution of uncertainty. This occurs as rational belief updating generates subjective long-run consumption risks. We consider general equilibrium models with unknown parameters governing either long-run economic growth, rare events, or model selection. Overall, parameter learning generates long-lasting, quantitatively significant additional mac...
• Choice Inconsistencies among the Elderly: Evidence from Plan Choice in the Medicare Part D Program: Reply AI翻译
  作者：Abaluck, Jason; Gruber, Jonathan
  作者单位：Yale University; National Bureau of Economic Research; Massachusetts Institute of Technology (MIT)
  摘要：We explore the in- and out-of sample robustness of tests wice inconsistencies based on parameter restrictions in parametric models, focusing on tests proposed by Ketcham, Kuminoff, and Powers (2016). We argue that their nonparametric alternatives are inherently conservative with respect to detecting mistakes. We then show that our parametric model is robust to KKP's suggested specification checks, and that comprehensive goodness of fit measures perform better with our model than the expected u...
• Effects of Deregulation and Consolidation of the Broadcast Television Industry AI翻译
  作者：Stahl, Jessica Calfee
  作者单位：Federal Reserve System - USA; Federal Reserve System Board of Governors
  摘要：This paper exploits deregulation in the 1990s to estimate viewership and revenue effects of consolidation in broadcast television, then finds cost effects that explain the ownership structure given viewership and revenue effects. Results suggest that consolidation greatly increased profitability in an industry with otherwise declining profitability. Groups with broader national coverage attract more advertising per station. Joint ownership of two stations within a market and network ownership ...
• A Randomized Assessment of Online Learning AI翻译
  作者：Alpert, William T.; Couch, Kenneth A.; Harmon, Oskar R.
  作者单位：University of Connecticut; University of Connecticut