The American Economic Review

最新文章

• Trade and poverty in the poor countries AI翻译
  作者：Bhagwati, J; Srinivasan, TN
  作者单位：Columbia University; Yale University
• Microeconomic principles teaching tricks AI翻译
  作者：Hamermesh, DS
  作者单位：University of Texas System; University of Texas Austin; National Bureau of Economic Research
• Learning-by-doing as a propagation mechanism AI翻译
  作者：Chang, YS; Gomes, JF; Schorfheide, F
  作者单位：University of Pennsylvania; University of Pennsylvania; Center for Economic & Policy Research (CEPR); University of Pennsylvania
  摘要：This paper suggests that skill accumulation through past work experience, or learning-by-doing (LBD), can provide an important propagation mechanism in a dynamic stochastic general-equilibrium model, as the current labor supply affects future productivity. Our econometric analysis uses a Bayesian approach to combine micro-level panel data with aggregate time series. Formal model evaluation shows that the introduction of the LBD mechanism improves the model's ability to fit the dynamics of aggr...
• Financial aid, borrowing constraints, and college attendance: Evidence from structural estimates AI翻译
  作者：Keane, MP
  作者单位：Yale University
• Simulating the transmission of wealth inequality AI翻译
  作者：Gokhale, J; Kotlikoff, LJ
  作者单位：Federal Reserve System - USA; Federal Reserve Bank - Cleveland; Boston University
• Can expected utility theory explain gambling? AI翻译
  作者：Hartley, R; Farrell, L
  作者单位：Keele University; University of Melbourne
  摘要：We investigate the ability of expected utility theory to account for simultaneous gambling and insurance. Contrary to a previous claim that borrowing and lending in perfect capital markets removes the demand for gambles, we show expected utility theory with nonconcave utility functions can explain gambling. When the rates of interest and time preference are equal, agents seek to gamble unless income falls in a finite set of values. When they differ, there is a range of incomes where gambles ar...
• The lens of contract: Private ordering AI翻译
  作者：Williamson, OE
  作者单位：University of California System; University of California Berkeley
• The swing voter's curse: Comment AI翻译
  作者：Fey, M; Kim, J
  作者单位：University of Rochester
• The Halloween indicator, sell in may and go away: Another puzzle AI翻译
  作者：Bouman, S; Jacobsen, B
  作者单位：Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
• The economic naturalist: Teaching introductory students how to speak economics AI翻译
  作者：Frank, RH
  作者单位：Cornell University