The American Economic Review

最新文章

• Rents, competition, and corruption AI翻译
  作者：Ades, A; Di Tella, R
  作者单位：Harvard University
• Scale of local production and city size AI翻译
  作者：Holmes, TJ
  作者单位：University of Minnesota System; University of Minnesota Twin Cities; Federal Reserve System - USA; Federal Reserve Bank - Minneapolis
• The impact of global warming on agriculture: A Ricardian analysis: Reply AI翻译
  作者：Mendelsohn, R; Nordhaus, W
  作者单位：Yale University; Yale University
• Unbiased value estimates for environmental goods: A cheap talk design for the contingent valuation method AI翻译
  作者：Cummings, RG; Taylor, LO
  作者单位：University System of Georgia; Georgia State University
• Catching up with the economy AI翻译
  作者：Fogel, RW
  作者单位：University of Chicago; University of Chicago; National Bureau of Economic Research
• Monopoly rights: A barrier to riches AI翻译
  作者：Parente, SL; Prescott, EC
  作者单位：University of Illinois System; University of Illinois Urbana-Champaign; University of Chicago; University of Minnesota System; University of Minnesota Twin Cities; Federal Reserve System - USA; Federal Reserve Bank - Minneapolis
  摘要：Our thesis is that poor countries are poor because they employ arrangements for which the equilibrium outcomes are characterized by inferior technologies being used, and being used inefficiently. In this paper, we analyze the consequences of one such arrangement. In each industry, the arrangement enables a coalition of factor suppliers to be the monopoly seller of its input services to all firms using a particular production process. We find that eliminating this monopoly arrangement could wel...
• US wage-inequality trends and recent immigration AI翻译
  作者：Lerman, RI
  作者单位：American University; Urban Institute
• Machine replacement and the business cycle: Lumps and bumps AI翻译
  作者：Cooper, R; Haltiwanger, J; Power, L
  作者单位：Boston University; University System of Maryland; University of Maryland College Park; United States Department of the Treasury
  摘要：This paper explores investment fluctuations due to discrete changes in a plant's capital stock. The resulting aggregate investment dynamics are surprisingly rich, reflecting the interaction between a replacement cycle, the cross-sectional distribution of the age of the capital stock, and an aggregate shock. Using plant-level data, lumpy investment is procyclical and more likely for older capital. Further, the predicted path of aggregate investment that neglects vintage effects tracks actual ag...
• Institutions, innovations, and growth AI翻译
  作者：Huang, HZ; Xu, CG
  作者单位：International Monetary Fund; University of London; London School Economics & Political Science
• Exchange rates and employment instability: Evidence from matched CPS data AI翻译
  作者：Goldberg, L; Tracy, J; Aaronson, S
  作者单位：Federal Reserve System - USA; Federal Reserve Bank - New York; National Bureau of Economic Research; Columbia University