The American Economic Review

最新文章

• Unbalanced trade AI翻译
  作者：Dekle, Robert; Eaton, Jonathan; Kortum, Samuel
  作者单位：University of Southern California; Federal Reserve System - USA; Federal Reserve Bank - New York; New York University; National Bureau of Economic Research; University of Chicago
• Bayesian model comparison and validation AI翻译
  作者：Geweke, John
  作者单位：University of Iowa
• Daron Acemoglu - John Bates Clark Medalist - 2005 AI翻译
  作者：[Anonymous]
• Urban evolutions: The fast, the slow, and the still AI翻译
  作者：Duranton, Gilles
  作者单位：University of Toronto
  摘要：With the use of French and US data, new and systematic evidence is provided about the rapid location changes of industries across cities (the fast). Cities are also slowly moving up and down the urban hierarchy (the slow), while the size distribution of cities is skewed to the right and very stable (the still). The model proposed here reproduces these three features. Small, innovation-driven shocks lead to the churning of industries across cities. Then, cities slowly grow or decline following ...
• Bounding revenue comparisons across multi-unit auction formats under ε-best response AI翻译
  作者：Chapman, James T. E.; McAdams, David; Paarsch, Harry J.
  作者单位：Bank of Canada; Massachusetts Institute of Technology (MIT); University of Iowa
• The transparency of politics and the quality of politicians AI翻译
  作者：Mattozzi, Andrea; Merlo, Antonio
  作者单位：California Institute of Technology; University of Pennsylvania
• Credit traps and credit cycles AI翻译
  作者：Matsuyama, Kiminori
  作者单位：Northwestern University
• Political bias and war AI翻译
  作者：Jackson, Matthew O.; Morelli, Massimo
  作者单位：Stanford University; University System of Ohio; Ohio State University; University System of Ohio; Ohio State University
  摘要：We examine how countries' incentives to go to war depend on the political bias of their pivotal decision makers. This bias is measured by a decision maker's risk/reward ratio from a war compared to that of the country at large. If there is no political bias, then there are mutually acceptable transfers from one country to the other that will avoid a war in the presence of commitment or enforceability of peace treaties. There are cases with a strong enough bias on the part of one or both countr...
• Estimating the effects of private school vouchers in multidistrict economies AI翻译
  作者：Ferreyra, Maria Marta
  作者单位：Carnegie Mellon University
  摘要：This paper estimates a general equilibrium model of school quality and household residential and school choice for economies with multiple public school districts and private (religious and nonsectarian) schools. The estimates, obtained through full-solution methods, are used to simulate two large-scale private school voucher programs in the Chicago metropolitan area: universal vouchers and vouchers restricted to nonsectarian schools. In the simulations, both programs increase private school e...
• Relative prices and relative prosperity AI翻译
  作者：Hsieh, Chang-Tai; Klenow, Peter J.
  作者单位：University of California System; University of California Berkeley; Stanford University; National Bureau of Economic Research; National Bureau of Economic Research
  摘要：The positive correlation between real investment rates and real income levels across countries is driven largely by differences in the price of investment relative to output. The high relative price of investment in poor countries is due to the low price of consumption goods in those countries. Investment prices. are no higher in poor countries. Thus, the low real investment rates in poor countries are not driven by high tax or tariff rates on investment. Poor countries, instead, appear to be ...