The American Economic Review

最新文章

• Global Imbalances and Financial Fragility AI翻译
  作者：Caballero, Ricardo J.; Krishnamurthy, Arvind
  作者单位：Massachusetts Institute of Technology (MIT); National Bureau of Economic Research; Northwestern University
• Urbanization, Mortality, and Fertility in Malthusian England AI翻译
  作者：Clark, Gregory; Cummins, Neil
  作者单位：University of California System; University of California Davis; University of London; London School Economics & Political Science
• The Economics Major as Part of a Liberal Education: The Teagle Report Comment AI翻译
  作者：Hill, Catharine
  作者单位：Vassar College
• Taxing Capital? Not a Bad Idea After All! AI翻译
  作者：Conesa, Juan Carlos; Kitao, Sagiri; Krueger, Dirk
  作者单位：Autonomous University of Barcelona; University of Southern California; University of Pennsylvania
  摘要：We quantitatively characterize the optimal capital and labor income tax in an overlapping generations model with idiosyncratic, uninsurable income shocks and permanent productivity differences of households. The optimal capital income tax rate is significantly positive at 36 pet-cent. The optimal progressive labor income tax is, roughly, a flat tax of 23 percent with a deduction of $7,200 (relative to average household income of $42,000). The high optimal capital income tax is mainly driven by...
• Mental Accounting in Portfolio Choice: Evidence from a Flypaper Effect AI翻译
  作者：Choi, James J.; Laibson, David; Madrian, Brigitte C.
  作者单位：Yale University; Harvard University; Harvard University
• Distributional and Efficiency Impacts of Increased US Gasoline Taxes AI翻译
  作者：Bento, Antonio M.; Goulder, Lawrence H.; Jacobsen, Mark R.; von Haefen, Roger H.
  作者单位：Cornell University; Stanford University; University of California System; University of California San Diego; North Carolina State University
  摘要：We examine the impacts of increased US gasoline taxes in a model that links the markets for new, used, and scrapped vehicles and recognizes the considerable heterogeneity among households and cars. Household choice parameters derive from an estimation procedure that integrates individual choices for car ownership and miles traveled. We find that each cent-per-gallon increase in the price of gasoline reduces the equilibrium gasoline consumption by about 0.2 percent. Taking account of revenue re...
• Measuring the Financial Sophistication of Households AI翻译
  作者：Calvet, Laurent E.; Campbell, John Y.; Sodini, Paolo
  作者单位：Hautes Etudes Commerciales (HEC) Paris; National Bureau of Economic Research; Harvard University; Stockholm School of Economics
• Time-Use Patterns and Women Entrepreneurs AI翻译
  作者：Gurley-Calvez, Tami; Biehl, Amelia; Harper, Katherine
  作者单位：West Virginia University; University of Michigan System; University of Michigan Flint; University of Michigan; University of Tennessee System; University of Tennessee Knoxville
• Commitment Mechanisms and Compliance with Health-Protecting Behavior: Preliminary Evidence from Orissa, India AI翻译
  作者：Tarozzi, Alessandro; Mahajan, Aprajit; Yoong, Joanne; Blackburn, Brian
  作者单位：Duke University; Stanford University; RAND Corporation; Stanford University
• Authority versus Persuasion AI翻译
  作者：Van den Steen, Eric
  作者单位：Harvard University