The American Economic Review

最新文章

• International Data on Measuring Management Practices AI翻译
  作者：Bloom, Nicholas; Lemos, Renata; Sadun, Raffaella; Scur, Daniela; Van Reenen, John
  作者单位：Stanford University; University of London; London School Economics & Political Science; Harvard University; University of Oxford
• Secular Stagnation in the Open Economy AI翻译
  作者：Eggertsson, Gauti B.; Mehrotra, Neil R.; Summers, Lawrence H.
  作者单位：Brown University
• How to Restore Equitable and Sustainable Economic Growth in the United States AI翻译
  作者：Stiglitz, Joseph E.
  作者单位：Columbia University
• Taxation and the International Mobility of Inventors AI翻译
  作者：Akcigit, Ufuk; Baslandze, Salome; Stantcheva, Stefanie
  作者单位：University of Chicago; National Bureau of Economic Research; Harvard University
  摘要：We study the effect of top tax rates on superstar inventors' international mobility since 1977, using panel data on inventors from the US and European Patent Offices. We exploit the differential impact of changes in top tax rates on inventors of different qualities. Superstar inventors' location choices are significantly affected by top tax rates. In our preferred specification, the elasticity to the net-of-tax rate of the number of domestic superstar inventors is around 0.03, while that of fo...
• Regional Redistribution through the US Mortgage Market AI翻译
  作者：Hurst, Erik; Keys, Benjamin J.; Seru, Amit; Vavra, Joseph
  作者单位：University of Chicago; University of Chicago
  摘要：Regional shocks are an important feature of the US economy. Households' ability to self-insure against these shocks depends on how they affect local interest rates. In the United States, most borrowing occurs through the mortgage market and is influenced by the presence of government-sponsored enterprises (GSE). We establish that despite large regional variation in predictable default risk, GSE mortgage rates for otherwise identical loans do not vary spatially. In contrast, the private market ...
• The Macroprudential Role of International Reserves AI翻译
  作者：Jeanne, Olivier
  作者单位：Johns Hopkins University
• Evolution of the Marriage Earnings Gap for Women AI翻译
  作者：Juhn, Chinhui; McCue, Kristin
  作者单位：University of Houston System; University of Houston
• The Psychological Lives of the Poor AI翻译
  作者：Schilbach, Frank; Schofield, Heather; Mullainathan, Sendhil
  作者单位：Massachusetts Institute of Technology (MIT); University of Pennsylvania; University of Pennsylvania; Harvard University
• Search, Liquidity, and the Dynamics of House Prices and Construction: Corrigendum AI翻译
  作者：Head, Allen; Lloyd-Ellis, Huw; Sun, Hongfei
  作者单位：Queens University - Canada
  摘要：In the course of our ongoing research, we have discovered two substantive errors in this article. These mistakes do not affect significantly either the qualitative nature of the results or any of the principal conclusions stated in the paper. They do, however, affect the specific quantitative results. One error affects the empirical findings presented primarily in Section I and the online Appendix. The other involves the calculation of sales of existing houses in artificial data generated by t...
• The Politics of Compromise AI翻译
  作者：Bonatti, Alessandro; Rantakari, Heikki
  作者单位：Massachusetts Institute of Technology (MIT); University of Rochester
  摘要：An organization must select among competing projects that differ in their payoff consequences for its members. Each agent chooses a project and exerts effort affecting its completion time. When one or more projects are complete, the agents select which one to adopt. The selection rule for multiple projects that maximizes ex post welfare leads to inefficiently high polarization; rules that favor later proposals improve upon ex post optimal selections. The optimal degree of favoritism increases ...