The American Economic Review

最新文章

• Incentives and student learning: A natural experiment with economics problem sets AI翻译
  作者：Grove, Wayne A.; Wasserman, Tim
  作者单位：Le Moyne College; Syracuse University
• Managing growth to achieve efficient coordination in large groups AI翻译
  作者：Weber, RA
  作者单位：Carnegie Mellon University
  摘要：Previous experiments using the minimum-effort coordination game reveal a striking regularity-large groups never coordinate efficiently. Given the frequency with which large real-world groups, such as firms, face similarly difficult coordination problems, this poses an important question: Why do we observe large, successfully coordinated groups in the real world when they are so difficult to create in the laboratory? This paper presents one reason. The experiments show that, even though efficie...
• Is school segregation good or bad? AI翻译
  作者：Echenique, Federico; Fryer, Roland G., Jr.; Kaufman, Alex
  作者单位：California Institute of Technology; Harvard University; National Bureau of Economic Research; Harvard University
• An international policy architecture for the post-Kyoto era AI翻译
  作者：Olmstead, Sheila M.; Stavins, Robert N.
  作者单位：Yale University; Harvard University
• Do technological improvements in the manufacturing sector raise or lower employment? AI翻译
  作者：Chang, YS; Hong, JH
  作者单位：Seoul National University (SNU); Federal Reserve System - USA; Federal Reserve Bank - Richmond; University of Pennsylvania; Federal Reserve System - USA; Federal Reserve Bank - Philadelphia
• Why personal ties cannot be bought AI翻译
  作者：Casella, Alessandra; Hanaki, Nobuyuki
  作者单位：Columbia University; National Bureau of Economic Research; University of Tsukuba
• How widespread was late trading in mutual funds? AI翻译
  作者：Zitzewitz, Eric
  作者单位：Stanford University
• Inherited control and firm performance AI翻译
  作者：Perez-Gonzalez, Francisco
  作者单位：Columbia University
  摘要：I use data from chief executive officer (CEO) successions to examine the impact of inherited control on firms' performance. I find that firms where incoming CEOs are related to the departing CEO, to a founder, or to a large shareholder by either blood or marriage underperform in terms of operating profitability and market-to-book ratios, relative to firms that promote unrelated CEOs. Consistent with wasteful nepotism, lower performance is prominent in firms that appoint family CEOs who did not...
• Sudden stops and phoenix miracles in emerging markets AI翻译
  作者：Calvo, Guillermo A.; Izquierdo, Alejandro; Talvi, Ernesto
  作者单位：Inter-American Development Bank
• Medium-term business cycles AI翻译
  作者：Comin, Diego; Gertler, Mark
  作者单位：New York University
  摘要：Over the postwar period, many industrialized countries have experienced significant medium-frequency oscillations between periods of robust growth versus relative stagnation. Conventional business cycle filters, however, tend to sweep these oscillations into the trend. In this paper we explore whether they may, instead, reflect a persistent response of economic activity to the high-frequency fluctuations normally associated with the cycle. We define as the medium-term cycle the sum of the high...