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American Economic Association

Journal of Economic Perspectives

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Web page: http://www.aeaweb.org/jep/
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Editor: David Autor
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Series handle: repec:aea:jecper

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2009, Volume 23, Issue 1

3-25 The Economics of Structured Finance
by Joshua Coval & Jakub Jurek & Erik Stafford
27-50 The Rise in Mortgage Defaults
by Christopher Mayer & Karen Pence & Shane M. Sherlund
51-75 Crisis and Responses: The Federal Reserve in the Early Stages of the Financial Crisis
by Stephen G. Cecchetti
77-100 Deciphering the Liquidity and Credit Crunch 2007-2008
by Markus K. Brunnermeier
101-19 Reflections on Northern Rock: The Bank Run That Heralded the Global Financial Crisis
by Hyun Song Shin
121-46 Leveraged Buyouts and Private Equity
by Steven N. Kaplan & Per Stromberg
147-66 Beware of Venturing into Private Equity
by Ludovic Phalippou
167-92 Microfinance Meets the Market
by Robert Cull & Asli Demirguc-Kunt & Jonathan Morduch
193-208 The U.S. Equity Return Premium: Past, Present, and Future
by J. Bradford DeLong & Konstantin Magin
209-20 Markets: Red Light States: Who Buys Online Adult Entertainment?
by Benjamin Edelman
221-33 Retrospectives: On the Definition of Economics
by Roger E. Backhouse & Steven G. Medema
235-42 Recommendations for Further Reading
by Timothy Taylor

2008, Volume 22, Issue 4

3-26 Are We Finally Winning the War on Cancer?
by David M. Cutler
27-50 Is American Health Care Uniquely Inefficient?
by Alan M. Garber & Jonathan Skinner
51-68 Incremental Universalism for the United States: The States Move First?
by Jonathan Gruber
69-92 Providing Prescription Drug Coverage to the Elderly: America's Experiment with Medicare Part D
by Mark Duggan & Patrick Healy & Fiona Scott Morton
93-113 Organizational Fragmentation and Care Quality in the U.S. Healthcare System
by Randall D. Cebul & James B. Rebitzer & Lowell J. Taylor & Mark E. Votruba
115-34 Overlapping Generations: The First Jubilee
by Philippe Weil
135-54 The Economic Aftermath of Hurricane Katrina
by Jacob Vigdor
155-80 Interpreting the Great Moderation: Changes in the Volatility of Economic Activity at the Macro and Micro Levels
by Steven J. Davis & James A. Kahn
181-98 Susan C. Athey: John Bates Clark Award Winner 2007
by John Roberts
199-216 Retrospectives: Guinnessometrics: The Economic Foundation of "Student's" t
by Stephen T. Ziliak
217-24 Recommendations for Further Reading
by Timothy Taylor
225-26 Comments
by Jerry H. Tempelman & Hendrik Bessembinder & William Maxwell

2008, Volume 22, Issue 3

3-22 Will the Stork Return to Europe and Japan? Understanding Fertility within Developed Nations
by James Feyrer & Bruce Sacerdote & Ariel Dora Stern
23-46 Parental Education and Parental Time with Children
by Jonathan Guryan & Erik Hurst & Melissa Kearney
47-70 Education and the Age Profile of Literacy into Adulthood
by Elizabeth Cascio & Damon Clark & Nora Gordon
71-92 The Lengthening of Childhood
by David Deming & Susan Dynarski
93-112 Global Imbalances: Globalization, Demography, and Sustainability
by Richard N. Cooper
113-25 Resolving the Global Imbalance: The Dollar and the U.S. Saving Rate
by Martin Feldstein
127-47 Forensic Finance
by Jay R. Ritter
149-72 A Pragmatic Approach to Capital Account Liberalization
by Eswar S. Prasad & Raghuram G. Rajan
173-88 Probability and Uncertainty in Economic Modeling
by Itzhak Gilboa & Andrew W. Postlewaite & David Schmeidler
189-206 Peer Effects and Alcohol Use among College Students
by Michael Kremer & Dan Levy
207-22 Secrets of the Academy: The Drivers of University Endowment Success
by Josh Lerner & Antoinette Schoar & Jialan Wang
223-30 Recommendations for Further Reading
by Timothy Taylor

2008, Volume 22, Issue 2

3-28 What Is Middle Class about the Middle Classes around the World?
by Abhijit V. Banerjee & Esther Duflo
29-52 Where Does the Money Go? Best and Worst Practices in Foreign Aid
by William Easterly & Tobias Pfutze
53-72 Income, Health, and Well-Being around the World: Evidence from the Gallup World Poll
by Angus Deaton
73-92 What Do Nongovernmental Organizations Do?
by Eric Werker & Faisal Z. Ahmed
93-114 The Quality of Medical Advice in Low-Income Countries
by Jishnu Das & Jeffrey Hammer & Kenneth Leonard
115-131 What the Seller Won’t Tell You: Persuasion and Disclosure in Markets
by Paul Milgrom
133-154 Competition and Truth in the Market for News
by Matthew Gentzkow & Jesse M. Shapiro
155-169 Media Freedom, Political Knowledge, and Participation
by Peter T. Leeson
171-192 Identity Theft
by Keith B. Anderson & Erik Durbin & Michael A. Salinger
193-216 Taking the Pulse of the Economy: Measuring GDP
by J. Steven Landefeld & Eugene P. Seskin & Barbara M. Fraumeni
217-234 Markets: Transparency and the Corporate Bond Market
by Hendrik Bessembinder & William Maxwell
235-242 Recommendations for Further Reading
by Timothy Taylor
243-244 Comments: Elbert Dijkgraaf and Raymond Gradus, Thomas Kinnaman; and a Correction
by Elbert Dijkgraaf & Raymond Gradus & Thomas Kinnaman & Dale W. Jorgenson & Mun S. Ho & Kevin J. Stiroh

2008, Volume 22, Issue 1

3-24 A Retrospective Look at the U.S. Productivity Growth Resurgence
by Dale W. Jorgenson & Mun S. Ho & Kevin J. Stiroh
25-44 The Productivity Gap between Europe and the United States: Trends and Causes
by Bart van Ark & Mary O'Mahoney & Marcel P. Timmer
45-66 Accounting for Growth: Comparing China and India
by Barry Bosworth & Susan M. Collins
67-84 Has Economic Analysis Improved Regulatory Decisions?
by Robert W. Hahn & Paul C. Tetlock
85-102 Is the Food And Drug Administration Safe And Effective?
by Tomas J. Philipson & Eric Sun
103-128 Optimal Abolition of FCC Spectrum Allocation
by Thomas W. Hazlett
129-152 Biological Measures of the Standard of Living
by Richard H. Steckel
153-176 Sluggish Institutions in a Dynamic World: Can Unions and Industrial Competition Coexist?
by Barry T. Hirsch
177-198 Guaranteed Trouble: The Economic Effects of the Pension Benefit Guaranty Corporation
by Jeffrey R. Brown
199-216 Dispelling Some Misconceptions about Agricultural Trade Liberalization
by Stephen Tokarick
217-234 Markets: Ready-Mixed Concrete
by Chad Syverson
235-242 Recommendations for Further Reading
by Timothy Taylor

2007, Volume 21, Issue 4

3-24 The Case for Forecast Targeting as a Monetary Policy Strategy
by Michael Woodford
25-46 Macroeconomic Modeling for Monetary Policy Evaluation
by Jordi Galí & Mark Gertler
47-68 How the World Achieved Consensus on Monetary Policy
by Marvin Goodfriend
69-90 The Evolution of Central Bank Governance around the World
by Christopher Crowe & Ellen E. Meade
91-114 Personnel Economics: The Economist's View of Human Resources
by Edward P. Lazear & Kathryn L. Shaw
115-134 Human Resources from an Organizational Behavior Perspective: Some Paradoxes Explained
by Jeffrey Pfeffer
135-150 Paying Respect
by Tore Ellingsen & Magnus Johannesson
151-174 The Economics of Dowry and Brideprice
by Siwan Anderson
175-200 Bankruptcy Reform and Credit Cards
by Michelle J. White
201-216 Markets: Preserving Funeral Markets with Ready-to-Embalm Laws
by David E. Harrington
217-228 Retrospectives: Léon Walras and the Nobel Peace Prize
by Agnar Sandmo
229-236 Recommendations for Further Reading
by Timothy Taylor

2007, Volume 21, Issue 3

3-24 Introducing Incentives in the Market for Live and Cadaveric Organ Donations
by Gary S. Becker & Julio Jorge Elías
25-36 Producing Organ Donors
by David H. Howard
37-58 Repugnance as a Constraint on Markets
by Alvin E. Roth
59-80 Are You Sure You’re Saving Enough for Retirement?
by Jonathan Skinner
81-104 Heuristics and Biases in Retirement Savings Behavior
by Shlomo Benartzi & Richard Thaler
105-130 Firms in International Trade
by Andrew B. Bernard & J. Bradford Jensen & Stephen J. Redding & Peter K. Schott
131-154 Transportation Costs and International Trade in the Second Era of Globalization
by David Hummels
155-176 Does Antitrust Need to be Modernized?
by Dennis W. Carlton
177-198 The Causes and Consequences of Wal-Mart's Growth
by Emek Basker
199-222 Natural Disasters, Economic Development, and Humanitarian Aid
by David Stromberg
223-238 Human Capital and the Productivity of Suicide Bombers
by Efraim Benmelech & Claude Berrebi
239-246 Recommendations for Further Reading
by Timothy Taylor

2007, Volume 21, Issue 2

3-26 The American Family and Family Economics
by Shelly Lundberg & Robert A. Pollak
27-52 Marriage and Divorce: Changes and their Driving Forces
by Betsey Stevenson & Justin Wolfers
53-70 The Economics of Lesbian and Gay Families
by Dan A. Black & Seth G. Sanders & Lowell J. Taylor
71-90 Guess Who’s Been Coming to Dinner? Trends in Interracial Marriage over the 20th Century
by Roland G. Fryer
91-108 Biological Basics and the Economics of the Family
by Donald Cox
109-128 Disagreement and the Stock Market
by Harrison Hong & Jeremy C. Stein
129-152 Investor Sentiment in the Stock Market
by Malcolm Baker & Jeffrey Wurgler
153-174 What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World?
by Steven D. Levitt & John A. List
175-194 Hedge Funds: Past, Present, and Future
by René M. Stulz
195-214 How Wages Change: Micro Evidence from the International Wage Flexibility Project
by William T. Dickens & Lorenz Goette & Erica L. Groshen & Steinar Holden & Julian Messina & Mark E. Schweitzer & Jarkko Turunen & Melanie E. Ward
215-226 Retrospectives: Edgeworth’s Hedonimeter and the Quest to Measure Utility
by David Colander
227-238 Markets: Gift Cards
by Jennifer Pate Offenberg
239-246 Recommendations for Further Reading
by Timothy Taylor

2007, Volume 21, Issue 1

3-24 How Progressive is the U.S. Federal Tax System? A Historical and International Perspective
by Thomas Piketty & Emmanuel Saez
25-48 Cheating Ourselves: The Economics of Tax Evasion
by Joel Slemrod
49-68 Taxing Consumption and Other Sins
by James R. Hines
69-90 Tax Reform Unraveling
by Michael J. Graetz
91-116 The Goals and Promise of the Sarbanes–Oxley Act
by John C. Coates
117-140 Corporate Governance Reforms in Continental Europe
by Luca Enriques & Paolo Volpin
141-168 The Economic Lives of the Poor
by Abhijit V. Banerjee & Esther Duflo
169-190 Payday Lending
by Michael A. Stegman
191-208 Daron Acemoglu: 2005 John Bates Clark Medalist
by Robert Shimer
209-226 Markets: Cartel Behavior and Amateurism in College Sports
by Lawrence M. Kahn
227-236 Retrospectives: From Usury to Interest
by Joseph Persky
237-244 Recommendations for Further Reading
by Timothy Taylor

2006, Volume 20, Issue 4

3-28 Modern Macroeconomics in Practice: How Theory Is Shaping Policy
by V. V. Chari & Patrick J. Kehoe
29-46 The Macroeconomist as Scientist and Engineer
by N. Gregory Mankiw
47-66 The Real Effects of European Monetary Union
by Philip R. Lane
67-88 The European Central Bank, the Euro, and Global Financial Markets
by Kathryn M. E. Dominguez
89-110 Interview with Robert A. Mundell
by Howard R. Vane & Chris Mulhearn
111-132 Avoiding Invalid Instruments and Coping with Weak Instruments
by Michael P. Murray
133-156 The Homecoming of American College Women: The Reversal of the College Gender Gap
by Claudia Goldin & Lawrence F. Katz & Ilyana Kuziemko
157-176 The London Congestion Charge
by Jonathan Leape
177-188 How Richard Nixon Pressured Arthur Burns: Evidence from the Nixon Tapes
by Burton A. Abrams
189-202 What Has Mattered to Economics Since 1970
by E. Han Kim & Adair Morse & Luigi Zingales
203-218 Markets: The U.S. Lodging Industry
by Arturs Kalnins
219-232 Policy Watch: Examining the Justification for Residential Recycling
by Thomas C. Kinnaman
233-240 Recommendations for Further Reading
by Timothy Taylor

2006, Volume 20, Issue 3

3-26 The Flow Approach to Labor Markets: New Data Sources and Micro–Macro Links
by Steven J. Davis & R. Jason Faberman & John Haltiwanger
27-46 Changes in Labor Force Participation in the United States
by Chinhui Juhn & Simon Potter
47-70 Unemployment Insurance: Strengthening the Relationship between Theory and Policy
by Walter Nicholson & Karen Needels
71-96 The Growth in the Social Security Disability Rolls: A Fiscal Crisis Unfolding
by David H. Autor & Mark G. Duggan
97-120 The Determinants of Mortality
by David Cutler & Angus Deaton & Adriana Lleras-Muney
121-142 The Economics of HIV/AIDS in Low-Income Countries: The Case for Prevention
by David Canning
143-160 Initial Labor Market Conditions and Long-Term Outcomes for Economists
by Paul Oyer
161-172 Does the Academic Labor Market Initially Allocate New Graduates Efficiently?
by Valérie Smeets & Frédéric Warzynski & Tom Coupé
173-186 An Economic Evaluation of the Moneyball Hypothesis
by Jahn K. Hakes & Raymond D. Sauer
187-194 Retrospectives: The Coining of “Privatization” and Germany’s National Socialist Party
by Germá Bel
195-208 Markets: Continuity and Change in the International Diamond Market
by Debora L. Spar
209-216 Recommendations for Further Reading
by Timothy Taylor

2006, Volume 20, Issue 2

3-22 Why Europe and the West? Why Not China?
by David S. Landes
23-48 Does Culture Affect Economic Outcomes?
by Luigi Guiso & Paola Sapienza & Luigi Zingales
49-72 Religion and Economy
by Rachel M. McCleary & Robert J. Barro
73-96 The Role of Family in Family Firms
by Marianne Bertrand & Antoinette Schoar
97-118 Purple America
by Stephen Ansolabehere & Jonathan Rodden & James M. Snyder
119-144 Myths and Realities of American Political Geography
by Edward L. Glaeser & Bryce A. Ward
145-170 People Flows in Globalization
by Richard B. Freeman
171-192 Price Changes in the Euro Area and the United States: Some Facts from Individual Consumer Price Data
by Emmanuel Dhyne & Luis J. Alvarez & Herve Le Bihan & Giovanni Veronese & Daniel Dias & Johannes Hoffmann & Nicole Jonker & Patrick Lunnemann & Fabio Rumler & Jouko Vilmunen
193-206 Assassinations: Evaluating the Effectiveness of an Israeli Counterterrorism Policy Using Stock Market Data
by Asaf Zussman & Noam Zussman
207-220 Markets: The Fulton Fish Market
by Kathryn Graddy
221-236 History Lessons: The Birth of Impersonal Exchange: The Community Responsibility System and Impartial Justice
by Avner Greif
237-244 Recommendations for Further Reading
by Timothy Taylor

2006, Volume 20, Issue 1

3-24 Developments in the Measurement of Subjective Well-Being
by Daniel Kahneman & Alan B. Krueger [Downloadable! (restricted)]
25-46 Some Uses of Happiness Data in Economics
by Rafael Di Tella & Robert MacCulloch [Downloadable! (restricted)]
47-68 Poverty in America: Trends and Explanations
by Hilary W. Hoynes & Marianne E. Page & Ann Huff Stevens [Downloadable! (restricted)]
69-90 Poor People in Rich Nations: The United States in Comparative Perspective
by Timothy Smeeding [Downloadable! (restricted)]
91-116 Missing in Action: Teacher and Health Worker Absence in Developing Countries
by Nazmul Chaudhury & Jeffrey Hammer & Michael Kremer & Karthik Muralidharan & F. Halsey Rogers [Downloadable! (restricted)]
117-132 Addressing Absence
by Abhijit Banerjee & Esther Duflo [Downloadable! (restricted)]
133-151 The Economy of the Early Roman Empire
by Peter Temin [Downloadable! (restricted)]
153-174 Electronic Trading in Stock Markets
by Hans R. Stoll [Downloadable! (restricted)]
175-188 What's in a Surname? The Effects of Surname Initials on Academic Success
by Liran Einav & Leeat Yariv [Downloadable! (restricted)]
189-205 Markets: Beer in Germany and the United States
by William James Adams [Downloadable! (restricted)]
207-220 Policy Watch: Debt Relief
by Serkan Arslanalp & Peter Blair Henry [Downloadable! (restricted)]
221-234 Anomalies: Utility Maximization and Experienced Utility
by Daniel Kahneman & Richard H. Thaler [Downloadable! (restricted)]

2005, Volume 19, Issue 4

3-24 The Vulcanization of the Human Brain: A Neural Perspective on Interactions between Cognition and Emotion
by Jonathan D. Cohen [Downloadable! (restricted)]
25-42 Cognitive Reflection and Decision Making
by Shane Frederick [Downloadable! (restricted)]
43-66 Individual Irrationality and Aggregate Outcomes
by Ernst Fehr & Jean-Robert Tyran [Downloadable! (restricted)]
67-92 Assessing High House Prices: Bubbles, Fundamentals and Misperceptions
by Charles Himmelberg & Christopher Mayer & Todd Sinai [Downloadable! (restricted)]
93-114 The American Mortgage in Historical and International Context
by Richard K. Green & Susan M. Wachter [Downloadable! (restricted)]
115-134 Accounting for Stock Options
by Jeremy Bulow & John B. Shoven [Downloadable! (restricted)]
135-144 The Original Management Incentive Schemes
by Richard T. Holden [Downloadable! (restricted)]
145-150 A Natural Experiment in Monetary Policy Covering Three Episodes of Growth and Decline in the Economy and the Stock Market
by Milton Friedman [Downloadable! (restricted)]
151-170 Intelligence Failures: An Organizational Economics Perspective
by Luis Garicano & Richard A. Posner [Downloadable! (restricted)]
171-192 The Degradation of Reported Corporate Profits
by Mihir A. Desai [Downloadable! (restricted)]
193-206 Oil for What?--Illicit Iraqi Oil Contracts and the U.N. Security Council
by Paul Heaton [Downloadable! (restricted)]
207-224 Retrospectives: Eugenics and Economics in the Progressive Era
by Thomas C. Leonard [Downloadable! (restricted)]
225-232 Recommendations for Further Reading
by Timothy Taylor [Downloadable! (restricted)]
233-233 Evaluating Public Goods and Regulations: Comments
by Lawrence H. Goulder & Ian W. H. Parry & Roberton C. Williams III [Downloadable! (restricted)]
233-234 On the (Ir)relevance of Distribution and Labor Supply Distortion to Government Policy: Response
by Louis Kaplow [Downloadable! (restricted)]

2005, Volume 19, Issue 3

3-18 Distinguished Lecture on Economics in Government: What We Don't Know Could Hurt Us: Some Reflections on the Measurement of Economic Activity
by Katharine G. Abraham [Downloadable! (restricted)]
19-42 Eight Questions about Corruption
by Jakob Svensson [Downloadable! (restricted)]
43-60 Political Selection
by Timothy Besley [Downloadable! (restricted)]
61-88 Law, Endowments and Property Rights
by Ross Levine [Downloadable! (restricted)]
89-108 The Constitutional Dilemma of Economic Liberty
by Barry R. Weingast [Downloadable! (restricted)]
109-130 Adam Smith's Theory of Moral Sentiments: On Morals and Why They Matter to a Liberal Society of Free People and Free Markets
by Jerry Evensky [Downloadable! (restricted)]
131-145 Adam Smith, Behavioral Economist
by Nava Ashraf & Colin F. Camerer & George Loewenstein [Downloadable! (restricted)]
147-162 Affirmative Action and Its Mythology
by Roland G. Fryer Jr. & Glenn C. Loury [Downloadable! (restricted)]
163-180 Dividend Taxation and Corporate Governance
by Randall Morck & Bernard Yeung [Downloadable! (restricted)]
181-198 Steven D. Levitt: 2003 John Bates Clark Medalist
by James M. Poterba [Downloadable! (restricted)]
199-215 History Lessons: The End of American Exceptionalism? Mobility in the United States since 1850
by Joseph P. Ferrie [Downloadable! (restricted)]
217-232 Policy Watch: Reform of the U.S. Postal Service
by R. Richard Geddes [Downloadable! (restricted)]
233-240 Recommendations for Further Reading
by Timothy Taylor [Downloadable! (restricted)]
241-242 The Limits of Free Trade: Comment
by Avinash Dixit & Gene Grossman [Downloadable! (restricted)]
242-244 Where Ricardo and Mill Rebut and Confirm Arguments of Mainstream Economists Supporting Globalization: Response
by Paul A. Samuelson [Downloadable! (restricted)]
244-245 Chairing the Federal Reserve: Comment
by Robert W. Dimand [Downloadable! (restricted)]
245-245 Choosing the Federal Reserve Chair: Lessons from History: Comment
by Jonathan H. Sunshine [Downloadable! (restricted)]
245-245 Rational Choice Theory and the Paradox of Not Voting: Correction
by Timothy J. Feddersen [Downloadable! (restricted)]

2005, Volume 19, Issue 2

3-9 Shortfalls in the Long Run: Predictions about the Social Security Trust Fund
by James R. Hines Jr. & Timothy Taylor [Downloadable! (restricted)]
11-32 Saving Social Security
by Peter A. Diamond & Peter R. Orszag [Downloadable! (restricted)]
33-55 Structural Reform of Social Security
by Martin Feldstein [Downloadable! (restricted)]
57-73 Intellectual Property: The Law and Economics Approach
by Richard A. Posner [Downloadable! (restricted)]
75-98 Probabilistic Patents
by Mark A. Lemley & Carl Shapiro [Downloadable! (restricted)]
99-120 The Economics of Technology Sharing: Open Source and Beyond
by Josh Lerner & Jean Tirole [Downloadable! (restricted)]
121-138 Copying and Copyright
by Hal R. Varian [Downloadable! (restricted)]
139-158 Lessons about Markets from the Internet
by Glenn Ellison & Sara Fisher Ellison [Downloadable! (restricted)]

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