The American Economic Review

最新文章

• The Retirement Consumption Puzzle in China AI翻译
  作者：Li, Hongbin; Shi, Xinzheng; Wu, Binzhen
  作者单位：Tsinghua University
• Understanding Ethnic Identity in Africa: Evidence from the Implicit Association Test (IAT) AI翻译
  作者：Lowes, Sara; Nunn, Nathan; Robinson, James A.; Weigel, Jonathan
  作者单位：Harvard University; Harvard University
• How Elastic Are Preferences for Redistribution? Evidence from Randomized Survey Experiments AI翻译
  作者：Kuziemko, Ilyana; Norton, Michael I.; Saez, Emmanuel; Stantcheva, Stefanie
  作者单位：Princeton University; Harvard University; University of California System; University of California Berkeley; Harvard University
  摘要：We analyze randomized online survey experiments providing interactive, customized information on US income inequality, the link between top income tax rates and economic growth, and the estate tax. The treatment has large effects on views about inequality but only slightly moves tax and transfer policy preferences. An exception is the estate tax-informing respondents of the small share of decedents who pay it doubles support for it. The small effects for all other policies can be partially exp...
• The Cyclicality of Sales, Regular and Effective Prices: Business Cycle and Policy Implications AI翻译
  作者：Coibion, Olivier; Gorodnichenko, Yuriy; Hong, Gee Hee
  作者单位：University of Texas System; University of Texas Austin; University of California System; University of California Berkeley; International Monetary Fund
  摘要：We study the cyclical properties of sales, regular price changes, and average prices paid by consumers (effective prices) using data on prices and quantities sold for numerous retailers across many US metropolitan areas. Inflation in the effective prices paid by consumers declines significantly with higher unemployment while little change occurs in the inflation rate of prices posted by retailers. This difference reflects the reallocation of household expenditures across retailers, a feature o...
• The Effect of the TseTse Fly on African Development AI翻译
  作者：Alsan, Marcella
  作者单位：Stanford University
  摘要：The TseTse fly is unique to Africa and transmits a parasite harmful to humans and lethal to livestock. This paper tests the hypothesis that the TseTse reduced the ability of Africans to generate an agricultural surplus historically. Ethnic groups inhabiting TseTse-suitable areas were less likely to use domesticated animals and the plow, less likely to be politically centralized, and had a lower population density. These correlations are not found in the tropics outside of Africa, where the fly...
• Evaluating Behaviorally Motivated Policy: Experimental Evidence from the Lightbulb Market AI翻译
  作者：Allcott, Hunt; Taubinsky, Dmitry
  作者单位：New York University; National Bureau of Economic Research; Harvard University; University of California System; University of California Berkeley
  摘要：Imperfect information and inattention to energy costs are important potential motivations for energy efficiency standards and subsidies. We evaluate these motivations in the lightbulb market using a theoretical model and two randomized experiments. We derive welfare effects as functions of reduced-form sufficient statistics capturing economic and psychological parameters, which we estimate using a novel within-subject information disclosure experiment. The main results suggest that moderate su...
• On Discrimination in Auctions with Endogenous Entry AI翻译
  作者：Jehiel, Philippe; Lamy, Laurent
  作者单位：University of London; University College London
  摘要：When entry is exogenous, strong buyers should be discriminated against weak buyers to maximize revenues (Myerson 1981). When entry is endogenous so that entrants' expected payoffs do not depend on the proposed mechanism, optimal discrimination takes a completely different form. The revenue-maximizing equilibrium requires that there should be no discrimination with respect to entrants irrespective of their ex ante characteristics. Besides, those buyers who always participate should be discrimin...
• Endogenous Liquidity and the Business Cycle AI翻译
  作者：Bigio, Saki
  作者单位：Columbia University
  摘要：I study an economy where asymmetric information about the quality of capital endogenously determines liquidity. Liquid funds are key to relaxing financial constraints on investment and employment. These funds are obtained by selling capital or using it as collateral. Liquidity is determined by balancing the costs of obtaining liquidity under asymmetric information against the benefits of relaxing financial constraints. Aggregate fluctuations follow increases in the dispersion of capital qualit...
• I Take Care of My Own: A Field Study on How Leadership Handles Conflict between Individual and Collective Incentives AI翻译
  作者：Gauriot, Romain; Page, Lionel
  作者单位：Queensland University of Technology (QUT)
• Gary Becker: Model Economic Scientist AI翻译
  作者：Heckman, James J.
  作者单位：University of Chicago