The American Economic Review

最新文章

• Matching with Contracts: Comment AI翻译
  作者：Ayguen, Orhan; Soenmez, Tayfun
  作者单位：Boston College
• Preferences for Truthfulness: Heterogeneity among and within Individuals AI翻译
  作者：Gibson, Rajna; Tanner, Carmen; Wagner, Alexander F.
  作者单位：University of Geneva; University of Zurich; University of Zurich; Swiss Finance Institute (SFI); Harvard University
• Spontaneous Discrimination AI翻译
  作者：Peski, Marcin; Szentes, Balazs
  作者单位：University of Toronto; University of London; London School Economics & Political Science
  摘要：We consider a dynamic economy in which agents are repeatedly matched and decide whether or not to form profitable partnerships. Each agent has a physical color and a social color. An agent's social color acts as a signal, conveying information about the physical color of agents in his partnership history. Before an agent makes a decision, he observes his match's physical and social colors. Neither the physical color nor the social color is payoff relevant. We identify environments where equili...
• The Estate Tax and Inter Vivos Transfers over Time AI翻译
  作者：McGarry, Kathleen
  作者单位：University of California System; University of California Los Angeles
• On the Timing and Pricing of Dividends AI翻译
  作者：van Binsbergen, Jules; Brandt, Michael; Koijen, Ralph
  作者单位：Northwestern University; Duke University; University of Chicago; National Bureau of Economic Research; Tilburg University
• Inequality at Work: The Effect of Peer Salaries on Job Satisfaction AI翻译
  作者：Card, David; Mas, Alexandre; Moretti, Enrico; Saez, Emmanuel
  作者单位：University of California System; University of California Berkeley; Princeton University
• The Collateral Channel: How Real Estate Shocks Affect Corporate Investment AI翻译
  作者：Chaney, Thomas; Sraer, David; Thesmar, David
  作者单位：University of Chicago; Princeton University; Hautes Etudes Commerciales (HEC) Paris
  摘要：What is the impact of real estate prices on corporate investment? In the presence of financing frictions, firms use pledgeable assets as collateral to finance new projects. Through this collateral channel, shocks to the value of real estate can have a large impact on aggregate investment. To compute the sensitivity of investment to collateral value, we use local variations in real estate prices as shocks to the collateral value of firms that own real estate. Over the 1993-2007 period, the repr...
• Credit Spreads and Business Cycle Fluctuations AI翻译
  作者：Gilchrist, Simon; Zakrajsek, Egon
  作者单位：Boston University; Federal Reserve System - USA; Federal Reserve System Board of Governors; National Bureau of Economic Research
• Screening, Competition, and Job Design: Economic Origins of Good Jobs AI翻译
  作者：Bartling, Bjoern; Fehr, Ernst; Schmidt, Klaus M.
  作者单位：University of Zurich; University of Munich
  摘要：High-performance work systems give workers more discretion, thereby increasing effort productivity but also shirking opportunities. We show experimentally that screening for work attitude and labor market competition are causal determinants of the viability of high-performance work systems, and we identify the complementarities between discretion, rent-sharing, and screening that render them profitable. Two fundamentally distinct job designs emerge endogenously in our experiments: bad jobs wit...
• Revolving Door Lobbyists AI翻译
  作者：Blanes i Vidal, Jordi; Draca, Mirko; Fons-Rosen, Christian
  作者单位：University of London; London School Economics & Political Science; University of Warwick; Pompeu Fabra University