The American Economic Review

最新文章

• Resistance to reform: Status quo bias in the presence of individual-specific uncertainty: Comment AI翻译
  作者：Ciccone, A
  作者单位：Pompeu Fabra University
• Psychology and the market AI翻译
  作者：Glaeser, EL
  作者单位：Harvard University; National Bureau of Economic Research
• The effect of education on crime: Evidence from prison inmates, arrests, and self-reports AI翻译
  作者：Lochner, L; Moretti, E
  作者单位：Western University (University of Western Ontario); University of California System; University of California Los Angeles
  摘要：We estimate the effect of education on participation in criminal activity using changes in state compulsory schooling laws over time to account for the endogeneity of schooling decisions. Using Census and FBI data, we find that schooling significantly reduces the probability of incarceration and arrest. NLSY data indicate that our results are caused by changes in criminal behavior and not differences in the probability of arrest or incarceration conditional on crime. We estimate that the socia...
• Confidence-enhanced performance AI翻译
  作者：Compte, O; Postlewaite, A
  作者单位：Institut Polytechnique de Paris; Ecole des Ponts ParisTech; University of Pennsylvania
  摘要：There is ample evidence that emotions affect performance. Positive emotions can improve performance, while negative ones can diminish it. For example, the fears induced by the possibility of failure or of negative evaluations have physiological consequences (shaking, loss of concentration) that may impair performance in sports, on stage, or at school. There is also ample evidence that individuals have distorted recollection of past events and distorted attributions of the causes of success or ...
• Constitutional rules and fiscal policy outcomes AI翻译
  作者：Persson, T; Tabellini, G
  作者单位：Stockholm University; University of London; London School Economics & Political Science; Centre for Economic Policy Research - UK; National Bureau of Economic Research; Bocconi University
  摘要：We investigate the effect of electoral rules and forms of government on fiscal policy outcomes in a large sample of democracies. We rely on different estimation methods to address prospective problems of statistical inference, due to nonrandom selection of these constitutional rules. The findings are consistent with our theoretical priors: presidential regimes induce smaller governments than parliamentary democracies, while majoritarian elections lead to smaller governments and smaller welfare...
• Balance sheets and exchange rate policy AI翻译
  作者：Céspedes, LF; Chang, R; Velasco, A
  作者单位：Rutgers University System; Rutgers University New Brunswick; Harvard University; National Bureau of Economic Research
• Gender and competition at a young age AI翻译
  作者：Gneezy, U; Rustichini, A
  作者单位：University of Chicago; University of Minnesota System; University of Minnesota Twin Cities
• Risk and uncertainty in monetary policy AI翻译
  作者：Greenspan, A
  作者单位：Federal Reserve System - USA
• The macroeconomics of labor and credit market imperfections AI翻译
  作者：Wasmer, E; Weil, P
  作者单位：University of Quebec; University of Quebec Montreal; Universite de Lorraine
  摘要：Credit market imperfections influence the labor market and aggregate economic activity. In turn, macroeconomic factors have an impact on the credit sector. To assess these effects in a tractable general-equilibrium framework, we introduce endogenous search frictions, in the spirit of Peter Diamond (1990), in both credit and labor markets. We demonstrate that credit frictions amplify macroeconomic volatility through a financial accelerator. The magnitude of this general-equilibrium accelerator ...
• Aid, policies, and growth: Reply AI翻译
  作者：Burnside, C; Dollar, D
  作者单位：Duke University; The World Bank