American Economic Review

Article	Citations
Is Journalistic Truth Dead? Measuring How Informed Voters Are about Political News	1508
Front Matter	637
When Should There Be Vertical Choice in Health Insurance Markets?	256
The Relative Efficiency of Skilled Labor across Countries: Measurement and Interpretation	230
Impacts of Performance Pay for Hospitals: The Readmissions Reduction Program	217
Front Matter	200
How to Use Natural Experiments to Estimate Misallocation	173
Front Matter	165
The Good Wife? Reputation Dynamics and Financial Decision-Making inside the Household	152
Front Matter	149
Empowering Adolescents to Transform Schools: Lessons from a Behavioral Targeting	144
Learning from Manipulable Signals	134
Front Matter	134
Reference Dependence in the Housing Market	130
REPORT OF INDEPENDENT AUDITOR	125
Universal Basic Income: A Dynamic Assessment	125
Front Matter	115
Front Matter	110
Front Matter	109
Nobel Lecture: Banking, Credit, and Economic Fluctuations	107
Selling Consumer Data for Profit: Optimal ­Market-Segmentation Design and Its Consequences	104
The Political Development Cycle: The Right and the Left in People’s Republic of China from 1953	103
Smart Contracts and the Coase Conjecture	100
Front Matter	98
Micro Risks and (Robust) Pareto-Improving Policies	93

Quality Is in the Eye of the Beholder: Taste Projection in Markets with Observational Learning	92
Generalized Social Marginal Welfare Weights Imply Inconsistent Comparisons of Tax Policies	89
The Gender Gap in Confidence: Expected but Not Accounted For	88
Dividend Taxes and the Allocation of Capital: Comment	84
Market Fragmentation	80
Security Transitions	79
Urban Public Works in Spatial Equilibrium: Experimental Evidence from Ethiopia	78
A Signal to End Child Marriage: Theory and Experimental Evidence from Bangladesh	78
Front Matter	77
Indirect Effects of Access to Finance	76
A Discrimination Report Card	76
When Does Regulation Distort Costs? Lessons from Fuel Procurement in US Electricity Generation: Reply	75
Front Matter	75
Evaluating Deliberative Competence: A Simple Method with an Application to Financial Choice	73
Motivated Errors	73
Signaling and Employer Learning with Instruments	73
Wetlands, Flooding, and the Clean Water Act	70
Mental Models and Learning: The Case of Base-Rate Neglect	69
Occupational Exposure to Capital-Embodied Technical Change	69
Design-Based Research in Empirical Microeconomics	67
Unobserved-Offers Bargaining	67
Disentangling Moral Hazard and Adverse Selection	67
Dynamic Amnesty Programs	66
Heroes and Villains: The Effects of Heroism on Autocratic Values and Nazi Collaboration in France	66
Who Set Your Wage?	65
Market Access and Quality Upgrading: Evidence from Four Field Experiments	64
Conflict and Intergroup Trade: Evidence from the 2014 Russia-Ukraine Crisis	64
Optimally Imprecise Memory and Biased Forecasts	63
Estimating Spillovers from Publicly Funded R&D: Evidence from the US Department of Energy	62
Belief Distortions and Macroeconomic Fluctuations	62
Recruitment, Effort, and Retention Effects of Performance Contracts for Civil Servants: Experimental Evidence from Rwandan Primary Schools	61
Fake News, Voter Overconfidence, and the Quality of Democratic Choice	61
The Missing Intercept: A Demand Equivalence Approach	60
Cross-Region Transfer Multipliers in a Monetary Union: Evidence from Social Security and Stimulus Payments	60
Breaking Gender Barriers: Experimental Evidence on Men in Pink-Collar Jobs	57
The Impact of Regulation on Innovation	57
Front Matter	57
The Real State: Inside the Congo’s Traffic Police Agency	57
Imperfect Markets versus Imperfect Regulation in US Electricity Generation	57
Posterior Separable Cost of Information	55
Evidence and Lessons on the Health Impacts of Public Health Funding from the Fight against HIV/AIDS	55
Measuring Racial Discrimination in Bail Decisions	54
The Human Side of Structural Transformation	54
Big Loans to Small Businesses: Predicting Winners and Losers in an Entrepreneurial Lending Experiment	53
Can You Move to Opportunity? Evidence from the Great Migration	53
Jobs for Sale: Corruption and Misallocation in Hiring	52
Tax Administration versus Tax Rates: Evidence from Corporate Taxation in Indonesia	52
Personalized Pricing and Competition	51
The Causal Interpretation of Two-Stage Least Squares with Multiple Instrumental Variables	51
Auction Research Evolving: Theorems and Market Designs	50

Financial Technology Adoption: Network Externalities of Cashless Payments in Mexico	49
Myopia and Anchoring	49
The Risk-Adjusted Carbon Price	49
Enabling or Limiting Cognitive Flexibility? Evidence of Demand for Moral Commitment	49
Place-Based Drivers of Mortality: Evidence from Migration	48
Measuring Geopolitical Risk	48
Populist Leaders and the Economy	47
Revealing Choice Bracketing	46
Labor Supply Responses to Learning the Tax and Benefit Schedule	46
The Legacy of Colonial Medicine in Central Africa	46
Media, Pulpit, and Populist Persuasion: Evidence from Father Coughlin	46
Labor Rationing	45
Employer Incentives and Distortions in Health Insurance Design: Implications for Welfare and Costs	45
Droughts, Deluges, and (River) Diversions: Valuing Market-Based Water Reallocation	44
Dying or Lying? For-Profit Hospices and End-of-Life Care	43
Heterogeneity in School Value Added and the Private Premium	43
Front Matter	42
The Role of Behavioral Frictions in Health Insurance Marketplace Enrollment and Risk: Evidence from a Field Experiment	42
Front Matter	42
Front Matter	42
Implementation by Vote-Buying Mechanisms	41
Who Benefits from State Corporate Tax Cuts? A Local Labor Market Approach with Heterogeneous Firms: Reply	41
Market Entry, Fighting Brands, and Tacit Collusion: Evidence from the French Mobile Telecommunications Market	41
The Birth of a Nation:Media and Racial Hate	40
Prep School for Poor Kids: The Long-Run Impacts of Head Start on Human Capital and Economic Self-Sufficiency	40
Hub-and-Spoke Cartels: Theory and Evidence from the Grocery Industry	39
Front Matter	38
Dynamic Price Competition, Learning-by-Doing, and Strategic Buyers	38
Beyond Teachers: Estimating Individual School Counselors’ Effects on Educational Attainment	38
Front Matter	38
Optimal Procurement with Quality Concerns	38
Nobel Lecture: An Evolving Economic Force	37
Front Matter	37
Institution Building without Commitment	37
Not Too Late: Improving Academic Outcomes among Adolescents	36
Welfare Comparisons for Biased Learning	36
Long-Run Trends in Long-Maturity Real Rates, 1311–2022	35
Signaling and Discrimination in Collaborative Projects	35
Justified Communication Equilibrium	35
How to Avoid Black Markets for Appointments with Online Booking Systems	35
Arbitraging Covered Interest rate Parity Deviations and Bank Lending	34
Front Matter	34
Repeated Trading: Transparency and Market Structure	34
In-Kind Transfers as Insurance	33
Age Set versus Kin: Culture and Financial Ties in east Africa	33
The Gift of a Lifetime: The Hospital, Modern Medicine, and Mortality	32
Efficiency and Equity Impacts of Energy Subsidies	32
Prolonged Learning and Hasty Stopping: The Wald Problem with Ambiguity	32
Parental Resources and College Attendance: Evidence from Lottery Wins	31
Dynamic Oligopoly and Price Stickiness	31
Five Facts about MPCs: Evidence from a Randomized Experiment	30
Pricing Power in Advertising Markets: Theory and Evidence	30
Opportunity Unraveled: Private Information and the Missing Markets for Financing Human Capital	30
Mediation in Reputational Bargaining	29
A Theory of Dynamic Inflation Targets	29
Bias and Sensitivity under Ambiguity	29
When Choices Are Mistakes	29
Hedging When Applying: Simultaneous Search with Correlation	29
Estimating Social Preferences and Gift Exchange at Work	28
Community Colleges and Upward Mobility	28
Earnings Inequality and the Minimum Wage: Evidence from Brazil	28
Corruption as a Local Advantage: Evidence from the Indigenization of Nigerian Oil	28
Capital Gains Taxes and Real Corporate Investment: Evidence from Korea	28
Presidential Address: The Economist as Designer in the Innovation Process for Socially Impactful Digital Products	26
Fighting Climate Change: International Attitudes toward Climate Policies	26
Sectoral Media Focus and Aggregate Fluctuations	26
Fragile New Economy: Intangible Capital, Corporate Savings Glut, and Financial Instability	26
Second-Best Fairness: The Trade-Off between False Positives and False Negatives	26
The Effects of Parental and Sibling Incarceration: Evidence from Ohio	25
Mortgage Prepayment and Path-Dependent Effects of Monetary Policy	25
Synthetic Difference-in-Differences	25
From Weber to Kafka: Political Instability and the Overproduction of Laws	25
Targeting High Ability Entrepreneurs Using Community Information: Mechanism Design in the Field	24
Stock Market Wealth and the Real Economy: A Local Labor Market Approach	24
Understanding the Scarring Effect of Recessions	24
Rebel on the Canal: Disrupted Trade Access and Social Conflict in China, 1650–1911	24
Unwatched Pollution: The Effect of Intermittent Monitoring on Air Quality	24
Gender Differences in Medical Evaluations: Evidence from Randomly Assigned Doctors	24
On Binscatter	23
The Intergenerational Effects of a Large Wealth Shock: White Southerners after the Civil War	23

The Value of Working Conditions in the United States and Implications for the Structure of Wages	23
Delegation in Veto Bargaining	23
Selection on Welfare Gains: Experimental Evidence from Electricity Plan Choice	23
The Reversal Interest Rate	23
Misallocation under Trade Liberalization	22
Mistakes, Overconfidence, and the Effect of Sharing on Detecting Lies	22
The Costs of Job Displacement over the Business Cycle and Its Sources: Evidence from Germany	22
Types of Contact: A Field Experiment on Collaborative and Adversarial Caste Integration	22
On Her Own Account: How Strengthening Women’s Financial Control Impacts Labor Supply and Gender Norms	22
What Happens When Employers Can No Longer Discriminate in Job Ads?	22
Front Matter	21
Trading on Sunspots	21
Front Matter	20
In Harm's Way? Infrastructure Investments and the Persistence of Coastal Cities	20
Front Matter	20
Product Innovation, Product Diversification, and Firm Growth: Evidence from Japan’s Early Industrialization	20
REPORT OF INDEPENDENT AUDITOR	20
Front Matter	20
A Special Introduction	19
Risk-Based Selection in Unemployment Insurance: Evidence and Implications	19
The Nurture of Nature and the Nature of Nurture: How Genes and Investments Interact in the Formation of Skills	19
Screening Inattentive Buyers	19
From Mad Men to Maths Men: Concentration and Buyer Power in Online Advertising	19
Identifying Present Bias from the Timing of Choices	19
Measuring the Welfare Effects of Shame and Pride	19
Confidence, Self-Selection, and Bias in the Aggregate	18
Adverse and Advantageous Selection in the Laboratory	18
Comparisons of Signals	18
Front Matter	18
Persistent Overconfidence and Biased Memory: Evidence from Managers	18
Nonlinear Pricing with Underutilization: A Theory of Multi-part Tariffs	18
When Does Regulation Distort Costs? Lessons from Fuel Procurement in US Electricity Generation: Comment	18
Mortgage Pricing and Monetary Policy	17
Bargaining with Mechanisms	17
Religious Festivals and Economic Development: Evidence from the Timing of Mexican Saint Day Festivals	17
Designing Deadlines	17
Ownership Concentration and Strategic Supply Reduction	17
M Equilibrium: A Theory of Beliefs and Choices in Games	17
Social Exclusion and Social Preferences: Evidence from Colombia’s Leper Colony	17
Bargaining under the Illusion of Transparency	17
The Economics of the Public Option: Evidence from Local Pharmaceutical Markets	17
Taxes and Turnout: When the Decisive Voter Stays at Home	17
Front Matter	17
Beliefs in Repeated Games: An Experiment	17
Optimal Monetary Policy According to HANK	16
Experimentation in Networks	16
Local Productivity Spillovers	16
Political Social Learning: Short-Term Memory and Cycles of Polarization	16
Is There a VA Advantage? Evidence from Dually Eligible Veterans	16
Technological Change and the Consequences of Job Loss	16
Relinquishing Riches: Auctions versus Informal Negotiations in Texas Oil and Gas Leasing	16
Lapse-Based Insurance	15
Daily Labor Supply and Adaptive Reference Points	15
Bargaining over a Divisible Good in the Market for Lemons	15
Optimality of Matched-Pair Designs in Randomized Controlled Trials	14
The Macroeconomics of the Greek Depression	14
Digitization and Pre-Purchase Information: The Causal and Welfare Impacts of Reviews and Crowd Ratings	14
Price Floors and Employer Preferences: Evidence from a Minimum Wage Experiment	14
The (Lack of) Anticipatory Effects of the Social Safety Net on Human Capital Investment	14
The Welfare Effects of Peer Entry: The Case of Airbnb and the Accommodation Industry	14
Front Matter	14
Neighborhood-Based Information Costs	14
Can Policy Change Culture? Government Pension Plans and Traditional Kinship Practices	14
Experimental Cost of Information	13
Merchants of Death: The Effect of Credit Supply Shocks on Hospital Outcomes	13
Universalism: Global Evidence	13
The Rise and Fall of Local Elections in China	13
An Equilibrium Model of the International Price System	13
Information Choice in Auctions	13
Oligopolistic Price Leadership and Mergers: The United States Beer Industry	13
Vulnerability and Clientelism	12
Technology Gaps, Trade, and Income	12
Team-Specific Human Capital and Team Performance: Evidence from Doctors	12
When Losses Turn into Loans: The Cost of Weak Banks	12
Digital Dystopia	12
All Eyes on Them: A Field Experiment on Citizen Oversight and Electoral Integrity	11
Five Facts about Beliefs and Portfolios	11
The Voice of Monetary Policy	11
When a Doctor Falls from the Sky: The Impact of Easing Doctor Supply Constraints on Mortality	11
Why Do Households Leave School Value Added on the Table? The Roles of Information and Preferences	11
What Caused Racial Disparities in Particulate Exposure to Fall? New Evidence from the Clean Air Act and Satellite-Based Measures of Air Quality	11
Long-Run Effects of Incentivizing Work after Childbirth	11
Interaction, Stereotypes, and Performance: Evidence from South Africa	10
Macroeconomic Implications of COVID-19: Can Negative Supply Shocks Cause Demand Shortages?	10
The Psychosocial Value of Employment: Evidence from a Refugee Camp	10
How Merchant Towns Shaped Parliaments: From the Norman Conquest of England to the Great Reform Act	10
Is There Too Much Benchmarking in Asset Management?	10
When Tariffs Disrupt Global Supply Chains	10
Constrained-Efficient Capital Reallocation	10
A Framework for Economic Growth with Capital-Embodied Technical Change	10
Public Procurement in Law and Practice	10
Monopsony in the US Labor Market	9
The Challenges of Universal Health Insurance in Developing Countries: Experimental Evidence from Indonesia’s National Health Insurance	9
Anticipatory Anxiety and Wishful Thinking	9
The Long and Short (Run) of Trade Elasticities	9