The American Economic Review

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• Happiness and Time Preference: The Effect of Positive Affect in a Random-Assignment Experiment AI翻译
  作者：Ifcher, John; Zarghamee, Homa
  作者单位：Santa Clara University
  摘要：We conduct a random-assignment experiment to investigate whether positive affect impacts time preference, where time preference denotes a preference for present over future utility. Our result indicates that, compared to neutral affect, mild positive affect significantly reduces time preference over money. This result is robust to various specification checks, and alternative interpretations of the result are considered. Our result has implications for the effect of happiness on time preferenc...
• Are Micro and Macro Labor Supply Elasticities Consistent? A Review of Evidence on the Intensive and Extensive Margins AI翻译
  作者：Chetty, Raj; Guren, Adam; Manoli, Day; Weber, Andrea
  作者单位：Harvard University; National Bureau of Economic Research; RAND Corporation; Rand Health; University of California System; University of California Los Angeles; University of Mannheim
• Estimating the ex ante Expected Returns to College AI翻译
  作者：Hussey, Andrew J.; Swinton, Omari H.
  作者单位：University of Memphis; Howard University
• Relative Earnings and Giving in a Real-Effort Experiment AI翻译
  作者：Erkal, Nisvan; Gangadharan, Lata; Nikiforakis, Nikos
  作者单位：University of Melbourne; Monash University
• The Chinese Warrants Bubble AI翻译
  作者：Xiong, Wei; Yu, Jialin
  作者单位：Princeton University; Princeton University; Columbia University
  摘要：In 2005-2008, over a dozen put warrants traded in China went so deep out of the money that they were almost certain to expire worthless. Nonetheless, each warrant was traded more than three times each day at substantially inflated prices. This bubble is unique in that the underlying stock prices make warrant fundamentals publicly observable and that warrants have predetermined finite maturities. This sample allows us to examine a set of bubble theories. In particular, our analysis highlights t...
• Inequality at Birth: Some Causes and Consequences AI翻译
  作者：Currie, Janet
  作者单位：Columbia University; National Bureau of Economic Research
• Teacher Mobility Responses to Wage Changes: Evidence from a Quasi-Natural Experiment AI翻译
  作者：Falch, Torberg
  作者单位：Norwegian University of Science & Technology (NTNU)
• Learn English, Not the Local Language! Ethnic Russians in the Baltic States AI翻译
  作者：Toomet, Ott
  作者单位：University of Tartu
• Forced Sales and House Prices AI翻译
  作者：Campbell, John Y.; Giglio, Stefano; Pathak, Parag
  作者单位：Harvard University; National Bureau of Economic Research; University of Chicago; Federal Reserve System - USA; Federal Reserve Bank - Boston; Massachusetts Institute of Technology (MIT)
• The Problem of the Commons: Still Unsettled after 100 Years AI翻译
  作者：Stavins, Robert N.
  作者单位：Harvard University; National Bureau of Economic Research
  摘要：The problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review. As the US and other economies have grown, the carrying capacity of the planet-in regard to natural resources and environmental-quality-has become a greater concern, particularly for common-property and open-access resources. The focus of this article is on some important, unsettled problems of the commons. ...