American Economic Review

Article	Citations
Front Matter	2332
Signaling and Employer Learning with Instruments	358
Indirect Effects of Access to Finance	336
Enabling or Limiting Cognitive Flexibility? Evidence of Demand for Moral Commitment	247
The Impact of Regulation on Innovation	205
Micro Risks and (Robust) Pareto-Improving Policies	188
Monotonicity among Judges: Evidence from Judicial Panels and Consequences for Judge IV Designs	184
Measuring Racial Discrimination in Bail Decisions	181
Front Matter	175
Institution Building without Commitment	169
Age Set versus Kin: Culture and Financial Ties in east Africa	157
Hub-and-Spoke Cartels: Theory and Evidence from the Grocery Industry	153
Understanding the Scarring Effect of Recessions	149
Community Colleges and Upward Mobility	146
Corruption as a Local Advantage: Evidence from the Indigenization of Nigerian Oil	144
The Birth of a Nation:Media and Racial Hate	144
Front Matter	134
Heterogeneity in School Value Added and the Private Premium	127
Strategic Voting in Two-Party Legislative Elections	124
Opportunity Unraveled: Private Information and the Missing Markets for Financing Human Capital	123
When Choices Are Mistakes	122
The Opportunity Atlas: Mapping the Childhood Roots of Social Mobility	119
Nobel Lecture: An Evolving Economic Force	111
The Reversal Interest Rate	110
Experimental Cost of Information	108

The Rise and Fall of Local Elections in China	105
Persistent Overconfidence and Biased Memory: Evidence from Managers	105
All Eyes on Them: A Field Experiment on Citizen Oversight and Electoral Integrity	105
Screening Inattentive Buyers	103
Comparisons of Signals	102
Managers and Public Hospital Performance	100
Cursed Sequential Equilibrium	99
What Caused Racial Disparities in Particulate Exposure to Fall? New Evidence from the Clean Air Act and Satellite-Based Measures of Air Quality	99
The (Lack of) Anticipatory Effects of the Social Safety Net on Human Capital Investment	99
Interaction, Stereotypes, and Performance: Evidence from South Africa	98
Local Productivity Spillovers	92
Front Matter	91
The Long-Run Effects of Government Spending	91
Who Controls the Agenda Controls the Legislature	87
Buying from a Group	87
Intergenerational Mobility in American History: Accounting for Race and Measurement Error	83
Household Labor Supply and the Value of Social Security Survivors Benefits	83
Demographic Origins of the Start-up Deficit	82
Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field	79
Retirement Consumption and Pension Design	78
Partisanship and Fiscal Policy in Economic Unions: Evidence from US States	78
Rational Illiquidity and Consumption: Theory and Evidence from Income Tax Withholding and Refunds	78
Resisting Social Pressure in the Household Using Mobile Money: Experimental Evidence on Microenterprise Investment in Uganda	78
An Equilibrium Analysis of the Effects of Neighborhood-Based Interventions on Children	78
When Product Markets Become Collective Traps: The Case of Social Media	76
Efficiency in Household Decision-Making: Evidence from the Retirement Savings of US Couples	73
Trade Shocks and Credit Reallocation	72
Self-Persuasion: Evidence from Field Experiments at International Debating Competitions	72
Imperfect Competition, Compensating Differentials, and Rent Sharing in the US Labor Market	71
Asset-Based Microfinance for Microenterprises: Evidence from Pakistan	71
Creating Moves to Opportunity: Experimental Evidence on Barriers to Neighborhood Choice	70
Consumption Response to Credit Expansions: Evidence from Experimental Assignment of 45,307 Credit Lines	69
Monopsony in the US Labor Market	69
When Do NudgesŽ Increase Welfare?	69
The Economic Impact of Depression Treatment in India: Evidence from Community-Based Provision of Pharmacotherapy	67
Do Ordeals Work for Selection Markets? Evidence from Health Insurance Auto-Enrollment	60
Optimal Security Design for Risk-Averse Investors	60
Efficiency and Equity Impacts of Urban Transportation Policies with Equilibrium Sorting	59
Measuring Upward Mobility	59
Globalization and Pandemics	59
Identifying the Benefits from Homeownership: A Swedish Experiment	59
Law and Norms: Empirical Evidence	58
Consumer Information and the Limits to Competition	58
The Immigrant Next Door	57
Efficient Matching in the School Choice Problem	57
The Dynamic Consequences of State Building: Evidence from the French Revolution	55
Home Price Expectations and Spending: Evidence from a Field Experiment	55
Report of Independent Auditor	54
The Common-Probability Auction Puzzle	54
Front Matter	54

Front Matter	54
Happy Times: Measuring Happiness Using Response Times	53
Anatomy of the Phillips Curve: Micro Evidence and Macro Implications	51
A Preferred-Habitat Model of Term Premia, Exchange Rates, and Monetary Policy Spillovers	51
Imperfect Competition and Rents in Labor and Product Markets: The Case of the Construction Industry	51
Information Networks and Collective Action: Evidence from the Women’s Temperance Crusade	50
Task-Based Discrimination	50
Credit, Attention, and Externalities in the Adoption of Energy Efficient Technologies by Low-Income Households	49
A Satellite Account for Health in the United States	48
Redesigning the US Army’s Branching Process: A Case Study in Minimalist Market Design	48
The Behavioral Foundations of Default Effects: Theory and Evidence from Medicare Part D	47
The Flight to Safety and International Risk Sharing	47
Sentiment and Speculation in a Market with Heterogeneous Beliefs	47
Job Search and Hiring with Limited Information about Workseekers’ Skills	46
A Stepping Stone Approach to Norm Transitions	45
Front Matter	45
Front Matter	45
Belief Elicitation and Behavioral Incentive Compatibility	45
Front Matter	45
Politics at Work	44
The Value of Software	44
Fake News, Voter Overconfidence, and the Quality of Democratic Choice	43
A Discrimination Report Card	43
Posterior Separable Cost of Information	43
The Political Development Cycle: The Right and the Left in People’s Republic of China from 1953	43
Front Matter	42
Front Matter	42
Reference Dependence in the Housing Market	42
Treatment Effects in Market Equilibrium	40
Selection on Welfare Gains: Experimental Evidence from Electricity Plan Choice	40
Arbitraging Covered Interest rate Parity Deviations and Bank Lending	40
Misallocation under Trade Liberalization	40
Long-Run Trends in Long-Maturity Real Rates, 1311–2022	39
What Happens When Employers Can No Longer Discriminate in Job Ads?	39
Repeated Trading: Transparency and Market Structure	38
Selling Subscriptions	37
How Do Mental Health Treatment Delays Impact Long-Term Mortality?	37
Five Facts about MPCs: Evidence from a Randomized Experiment	36
The Value of Working Conditions in the United States and Implications for the Structure of Wages	35
On Binscatter	34
Prolonged Learning and Hasty Stopping: The Wald Problem with Ambiguity	34
Monetary Cooperation during Global Inflation Surges	34
Mortgage Pricing and Monetary Policy	33
Ownership Concentration and Strategic Supply Reduction	33
The Role of People versus Places in Individual Carbon Emissions	33
Unpacking p-Hacking and Publication Bias	33
A Special Introduction	33
The Economics of the Public Option: Evidence from Local Pharmaceutical Markets	32
Is There a VA Advantage? Evidence from Dually Eligible Veterans	32
In Harm's Way? Infrastructure Investments and the Persistence of Coastal Cities	31
Bargaining with Mechanisms	31
Place-Based Redistribution	31
Diffusion of Reproductive Health Behavior through International Migration: Effects on Origin-Country Fertility	31
Rising Top, Falling Bottom: Industries and Rising Wage Inequality	30
Front Matter	30
The Voice of Monetary Policy	30
Loans for the “Little Fellow”: Credit, Crisis, and Recovery in the Great Depression	30
Front Matter	30
Front Matter	30
Front Matter	30
Taking It to the Limit: Effects of Increased Student Loan Availability on Attainment, Earnings, and Financial Well-Being	29
Offshore Profit Shifting and Aggregate Measurement: Balance of Payments, Foreign Investment, Productivity, and the Labor Share	29
Does Identity Affect Labor Supply?	29
How Do National Firms Respond to Local Cost Shocks?	29
Optimal Insurance: Dual Utility, Random Losses, and Adverse Selection	29
Crowding in School Choice	28
An Alternative Explanation for the “Fed Information Effect”	28
The End of Economic Growth? Unintended Consequences of a Declining Population	28
Micro versus Macro Labor Supply Elasticities: The Role of Dynamic Returns to Effort	28
Investing in the Next Generation: The Long-Run Impacts of a Liquidity Shock	27
Status Externalities in Education and Low Birth Rates in Korea	27
Front Matter	27
Do Credit Conditions Move House Prices?	27
Migrants and Firms: Evidence from China	27
Decisions under Risk Are Decisions under Complexity	27
The Debt-Inflation Channel of the German (Hyper)Inflation	26
Test-Optional Admissions	25
RETRACTED BY THE AUTHORS: Dividend Taxes and the Allocation of Capital	25
The Political Economy of International Regulatory Cooperation	25
Robust Monopoly Regulation	25

Presidential Address: Does Monetary Policy Matter? The Narrative Approach after 35 Years	24
Intrinsic Information Preferences and Skewness	24
Start-Up Costs and Market Power: Lessons from the Renewable Energy Transition	24
Labor Market Power, Self-Employment, and Development	24
Women Left Behind: Gender Disparities in Utilization of Government Health Insurance in India	24
Optimal Policy under Dollar Pricing	23
The Cost of Information: The Case of Constant Marginal Costs	23
State-Dependent Effects of Monetary Policy: The Refinancing Channel	23
Supply Network Formation and Fragility	23
Monetary Policy with Opinionated Markets	23
When Money Dies: The Dynamics of Speculative Hyperinflations	22
Effective Demand Failures and the Limits of Monetary Stabilization Policy	22
Learning by Necessity: Government Demand, Capacity Constraints, and Productivity Growth	22
Regulation Design in Insurance Markets	22
Distinguishing Causes of Neighborhood Racial Change: A Nearest-Neighbor Design	22
Persistent Polarizing Effects of Persuasion: Experimental Evidence from Turkey	22
Valuing Long-Term Property Rights with Anticipated Political Regime Shifts	22
Information, Mobile Communication, and Referral Effects	21
Local Economic and Political Effects of Trade Deals: Evidence from NAFTA	21
Matching Mechanisms for Refugee Resettlement	21
REPORT OF INDEPENDENT AUDITOR	21
Multigenerational Impacts of Childhood Access to the Safety Net: Early Life Exposure to Medicaid and the Next Generation’s Health	21
Generalized Social Marginal Welfare Weights Imply Inconsistent Comparisons of Tax Policies	21
Misspecified Politics and the Recurrence of Populism	21
Changing Income Risk across the US Skill Distribution: Evidence from a Generalized Kalman Filter	20
The Relative Efficiency of Skilled Labor across Countries: Measurement and Interpretation	20
Heroes and Villains: The Effects of Heroism on Autocratic Values and Nazi Collaboration in France	20
Nobel Lecture: Paths to the Periphery	20
The Missing Intercept: A Demand Equivalence Approach	20
Big Loans to Small Businesses: Predicting Winners and Losers in an Entrepreneurial Lending Experiment	19
Conflict and Intergroup Trade: Evidence from the 2014 Russia-Ukraine Crisis	19
The Good Wife? Reputation Dynamics and Financial Decision-Making inside the Household	19
Nobel Lecture: Banking, Credit, and Economic Fluctuations	19
Breaking Gender Barriers: Experimental Evidence on Men in Pink-Collar Jobs	19
The Gender Gap in Confidence: Expected but Not Accounted For	19
The Human Side of Structural Transformation	18
Risk Preferences and Field Behavior: The Relevance of Higher-Order Risk Preferences	18
Imperfect Markets versus Imperfect Regulation in US Electricity Generation	18
Personalized Pricing and Competition	18
Across-Country Wage Compression in Multinationals	18
Front Matter	18
Populist Leaders and the Economy	18
Can You Move to Opportunity? Evidence from the Great Migration	18
Presidential Address: The Economist as Designer in the Innovation Process for Socially Impactful Digital Products	17
Front Matter	17
Rebel on the Canal: Disrupted Trade Access and Social Conflict in China, 1650–1911	17
Signaling and Discrimination in Collaborative Projects	17
Dynamic Oligopoly and Price Stickiness	17
Dying or Lying? For-Profit Hospices and End-of-Life Care	17
The Gift of a Lifetime: The Hospital, Modern Medicine, and Mortality	17
Beyond Teachers: Estimating Individual School Counselors’ Effects on Educational Attainment	17
First-Generation Elite: The Role of School Social Networks	17
Targeting Impact versus Deprivation	17
Front Matter	16
Front Matter	16
Front Matter	16
Monetary Policy and Rational Asset Price Bubbles: Comment	16
Optimal Taxation and Market Power	16
Price Floors and Employer Preferences: Evidence from a Minimum Wage Experiment	15
Presidential Address: Investing in Children to Address the Child Mental Health Crisis	15
Technology Gaps, Trade, and Income	15
Experimentation in Networks	15
Religious Festivals and Economic Development: Evidence from the Timing of Mexican Saint Day Festivals	15
Measuring the Welfare Effects of Shame and Pride	14
Technological Change and the Consequences of Job Loss	14
When Tariffs Disrupt Global Supply Chains	14
Optimal Monetary Policy According to HANK	14
A Framework for Economic Growth with Capital-Embodied Technical Change	14
An Equilibrium Model of the International Price System	14
Consistent Evidence on Duration Dependence of Price Changes	13
Political Correctness, Social Image, and Information Transmission	13
Trade with Correlation	13
Did US Politicians Expect the China Shock?	13
The Decline of Too Big to Fail	12
Local Elites as State Capacity: How City Chiefs Use Local Information to Increase Tax Compliance in the Democratic Republic of the Congo	12
The Economic Effects of Mafia: Firm Level Evidence	12
Valid t-ratio Inference for IV	12
The Long and Short (Run) of Trade Elasticities	12
Front Matter	12
Monotone Function Intervals: Theory and Applications	12
Curbing Leakage in Public Programs: Evidence from India’s Direct Benefit Transfer Policy	12
Drivers of Change: Employment Responses to the Lifting of the Saudi Female Driving Ban	12
Market Structure, Oligopsony Power, and Productivity	12
Increasing Degree Attainment among Low-Income Students: The Role of Intensive Advising and College Quality	11
Spreading Gangs: Exporting US Criminal Capital to El Salvador	11
The Micro Anatomy of Macro Consumption Adjustments	11
A/B Contracts	11
Polity Size and Local Government Performance: Evidence from India	11
Factor Market Failures and the Adoption of Irrigation in Rwanda	11
100 Years of Rising Corporate Concentration	11
Dynamic Outside Options and Optimal Negotiation Strategies	11
Counterfactuals with Latent Information	11
Product Differentiation and Oligopoly: A Network Approach	11
The Ends of 27 Big Depressions	10
Aggregating Distributional Treatment Effects: A Bayesian Hierarchical Analysis of the Microcredit Literature	10