American Economic Review

Article	Citations
Front Matter	1942
Labor Supply Responses to Learning the Tax and Benefit Schedule	830
Micro Risks and (Robust) Pareto-Improving Policies	297
Enabling or Limiting Cognitive Flexibility? Evidence of Demand for Moral Commitment	295
Signaling and Employer Learning with Instruments	198
Indirect Effects of Access to Finance	181
The Impact of Regulation on Innovation	163
Measuring Racial Discrimination in Bail Decisions	160
Tax Administration versus Tax Rates: Evidence from Corporate Taxation in Indonesia	159
Heterogeneity in School Value Added and the Private Premium	154
Corruption as a Local Advantage: Evidence from the Indigenization of Nigerian Oil	151
Age Set versus Kin: Culture and Financial Ties in east Africa	144
Front Matter	133
Nobel Lecture: An Evolving Economic Force	133
Hub-and-Spoke Cartels: Theory and Evidence from the Grocery Industry	126
Opportunity Unraveled: Private Information and the Missing Markets for Financing Human Capital	126
Institution Building without Commitment	123
The Birth of a Nation:Media and Racial Hate	120
When Choices Are Mistakes	105
Community Colleges and Upward Mobility	105
Front Matter	104
The Reversal Interest Rate	98
Understanding the Scarring Effect of Recessions	95
Bargaining under the Illusion of Transparency	93
All Eyes on Them: A Field Experiment on Citizen Oversight and Electoral Integrity	92

Comparisons of Signals	91
Experimental Cost of Information	91
Screening Inattentive Buyers	90
Local Productivity Spillovers	90
Persistent Overconfidence and Biased Memory: Evidence from Managers	89
Team-Specific Human Capital and Team Performance: Evidence from Doctors	89
Cursed Sequential Equilibrium	89
The (Lack of) Anticipatory Effects of the Social Safety Net on Human Capital Investment	86
The Long-Run Effects of Government Spending	85
The Rise and Fall of Local Elections in China	84
Interaction, Stereotypes, and Performance: Evidence from South Africa	83
What Caused Racial Disparities in Particulate Exposure to Fall? New Evidence from the Clean Air Act and Satellite-Based Measures of Air Quality	80
Front Matter	79
When Do NudgesŽ Increase Welfare?	76
Who Controls the Agenda Controls the Legislature	76
Intergenerational Mobility in American History: Accounting for Race and Measurement Error	75
Resisting Social Pressure in the Household Using Mobile Money: Experimental Evidence on Microenterprise Investment in Uganda	75
Asset-Based Microfinance for Microenterprises: Evidence from Pakistan	73
Consumption Response to Credit Expansions: Evidence from Experimental Assignment of 45,307 Credit Lines	72
Rational Illiquidity and Consumption: Theory and Evidence from Income Tax Withholding and Refunds	72
Efficiency in Household Decision-Making: Evidence from the Retirement Savings of US Couples	71
Buying from a Group	71
Partisanship and Fiscal Policy in Economic Unions: Evidence from US States	71
Self-Persuasion: Evidence from Field Experiments at International Debating Competitions	71
Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field	71
Retirement Consumption and Pension Design	69
Demographic Origins of the Start-up Deficit	69
Trade Shocks and Credit Reallocation	68
Creating Moves to Opportunity: Experimental Evidence on Barriers to Neighborhood Choice	67
Imperfect Competition, Compensating Differentials, and Rent Sharing in the US Labor Market	67
Monopsony in the US Labor Market	66
The Economic Impact of Depression Treatment in India: Evidence from Community-Based Provision of Pharmacotherapy	65
Household Labor Supply and the Value of Social Security Survivors Benefits	65
Home Price Expectations and Spending: Evidence from a Field Experiment	64
The Dynamic Consequences of State Building: Evidence from the French Revolution	63
Measuring Upward Mobility	62
Efficiency and Equity Impacts of Urban Transportation Policies with Equilibrium Sorting	62
Globalization and Pandemics	60
Do Ordeals Work for Selection Markets? Evidence from Health Insurance Auto-Enrollment	60
Consumer Information and the Limits to Competition	60
The Immigrant Next Door	58
Efficient Matching in the School Choice Problem	58
Optimal Security Design for Risk-Averse Investors	58
Identifying the Benefits from Homeownership: A Swedish Experiment	56
Law and Norms: Empirical Evidence	55
Report of Independent Auditor	54
Front Matter	54
Front Matter	54
Front Matter	53
Redesigning the US Army’s Branching Process: A Case Study in Minimalist Market Design	52

The Behavioral Foundations of Default Effects: Theory and Evidence from Medicare Part D	52
The Common-Probability Auction Puzzle	52
Information Networks and Collective Action: Evidence from the Women’s Temperance Crusade	50
A Satellite Account for Health in the United States	49
Task-Based Discrimination	49
Happy Times: Measuring Happiness Using Response Times	49
Sentiment and Speculation in a Market with Heterogeneous Beliefs	49
Job Search and Hiring with Limited Information about Workseekers’ Skills	48
Credit, Attention, and Externalities in the Adoption of Energy Efficient Technologies by Low-Income Households	47
Belief Elicitation and Behavioral Incentive Compatibility	47
Imperfect Competition and Rents in Labor and Product Markets: The Case of the Construction Industry	47
Front Matter	46
The Flight to Safety and International Risk Sharing	46
Front Matter	46
Front Matter	45
The Political Development Cycle: The Right and the Left in People’s Republic of China from 1953	44
Fake News, Voter Overconfidence, and the Quality of Democratic Choice	43
Posterior Separable Cost of Information	42
Reference Dependence in the Housing Market	41
The Causal Interpretation of Two-Stage Least Squares with Multiple Instrumental Variables	40
A Discrimination Report Card	40
Front Matter	40
A Stepping Stone Approach to Norm Transitions	40
Front Matter	40
Media, Pulpit, and Populist Persuasion: Evidence from Father Coughlin	40
Market Entry, Fighting Brands, and Tacit Collusion: Evidence from the French Mobile Telecommunications Market	39
On Binscatter	38
Prolonged Learning and Hasty Stopping: The Wald Problem with Ambiguity	38
Repeated Trading: Transparency and Market Structure	37
How Do Mental Health Treatment Delays Impact Long-Term Mortality?	37
Selection on Welfare Gains: Experimental Evidence from Electricity Plan Choice	37
Arbitraging Covered Interest rate Parity Deviations and Bank Lending	36
What Happens When Employers Can No Longer Discriminate in Job Ads?	36
Delegation in Veto Bargaining	36
Long-Run Trends in Long-Maturity Real Rates, 1311–2022	36
Misallocation under Trade Liberalization	36
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
Ownership Concentration and Strategic Supply Reduction	35
The Intergenerational Effects of a Large Wealth Shock: White Southerners after the Civil War	35
A Special Introduction	35
Selling Subscriptions	35
Bargaining with Mechanisms	35
The Role of People versus Places in Individual Carbon Emissions	34
From Mad Men to Maths Men: Concentration and Buyer Power in Online Advertising	33
Is There a VA Advantage? Evidence from Dually Eligible Veterans	33
The Economics of the Public Option: Evidence from Local Pharmaceutical Markets	33
Unpacking p-Hacking and Publication Bias	32
Mortgage Pricing and Monetary Policy	32
The Voice of Monetary Policy	32
In Harm's Way? Infrastructure Investments and the Persistence of Coastal Cities	32
Front Matter	31
Crowding in School Choice	31
Front Matter	31
Front Matter	31
Loans for the “Little Fellow”: Credit, Crisis, and Recovery in the Great Depression	30
Optimal Insurance: Dual Utility, Random Losses, and Adverse Selection	29
Front Matter	29
Taking It to the Limit: Effects of Increased Student Loan Availability on Attainment, Earnings, and Financial Well-Being	29
Decisions under Risk Are Decisions under Complexity	28
The End of Economic Growth? Unintended Consequences of a Declining Population	28
Status Externalities in Education and Low Birth Rates in Korea	28
How Do National Firms Respond to Local Cost Shocks?	28
Does Identity Affect Labor Supply?	28
Front Matter	27
An Alternative Explanation for the “Fed Information Effect”	27
RETRACTED BY THE AUTHORS: Dividend Taxes and the Allocation of Capital	27
Migrants and Firms: Evidence from China	27
Offshore Profit Shifting and Aggregate Measurement: Balance of Payments, Foreign Investment, Productivity, and the Labor Share	27
Rising Top, Falling Bottom: Industries and Rising Wage Inequality	27
Micro versus Macro Labor Supply Elasticities: The Role of Dynamic Returns to Effort	27
Intrinsic Information Preferences and Skewness	26
The Debt-Inflation Channel of the German (Hyper)Inflation	26
Investing in the Next Generation: The Long-Run Impacts of a Liquidity Shock	26
Monetary Policy with Opinionated Markets	26
The Political Economy of International Regulatory Cooperation	25
The Cost of Information: The Case of Constant Marginal Costs	25
Presidential Address: Does Monetary Policy Matter? The Narrative Approach after 35 Years	25
State-Dependent Effects of Monetary Policy: The Refinancing Channel	25
Optimal Policy under Dollar Pricing	25

Start-Up Costs and Market Power: Lessons from the Renewable Energy Transition	25
Labor Market Power, Self-Employment, and Development	24
Test-Optional Admissions	24
Robust Monopoly Regulation	24
Learning by Necessity: Government Demand, Capacity Constraints, and Productivity Growth	24
Supply Network Formation and Fragility	23
Valuing Long-Term Property Rights with Anticipated Political Regime Shifts	23
Women Left Behind: Gender Disparities in Utilization of Government Health Insurance in India	23
Regulation Design in Insurance Markets	23
Misspecified Politics and the Recurrence of Populism	22
Matching Mechanisms for Refugee Resettlement	22
Information, Mobile Communication, and Referral Effects	22
When Money Dies: The Dynamics of Speculative Hyperinflations	22
Local Economic and Political Effects of Trade Deals: Evidence from NAFTA	22
Persistent Polarizing Effects of Persuasion: Experimental Evidence from Turkey	22
Multigenerational Impacts of Childhood Access to the Safety Net: Early Life Exposure to Medicaid and the Next Generation’s Health	22
REPORT OF INDEPENDENT AUDITOR	21
Effective Demand Failures and the Limits of Monetary Stabilization Policy	21
Nobel Lecture: Paths to the Periphery	21
Projection of Private Values in Auctions	21
The Good Wife? Reputation Dynamics and Financial Decision-Making inside the Household	20
Imperfect Markets versus Imperfect Regulation in US Electricity Generation	20
The Missing Intercept: A Demand Equivalence Approach	20
Personalized Pricing and Competition	20
Big Loans to Small Businesses: Predicting Winners and Losers in an Entrepreneurial Lending Experiment	20
Generalized Social Marginal Welfare Weights Imply Inconsistent Comparisons of Tax Policies	20
The Human Side of Structural Transformation	20
The Gender Gap in Confidence: Expected but Not Accounted For	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	19
Nobel Lecture: Banking, Credit, and Economic Fluctuations	19
Conflict and Intergroup Trade: Evidence from the 2014 Russia-Ukraine Crisis	19
Front Matter	18
Beyond Teachers: Estimating Individual School Counselors’ Effects on Educational Attainment	18
Populist Leaders and the Economy	18
Can You Move to Opportunity? Evidence from the Great Migration	18
Front Matter	18
Breaking Gender Barriers: Experimental Evidence on Men in Pink-Collar Jobs	18
Presidential Address: The Economist as Designer in the Innovation Process for Socially Impactful Digital Products	18
Rebel on the Canal: Disrupted Trade Access and Social Conflict in China, 1650–1911	17
Front Matter	17
Signaling and Discrimination in Collaborative Projects	17
Dying or Lying? For-Profit Hospices and End-of-Life Care	17
Dynamic Oligopoly and Price Stickiness	17
Front Matter	17
The Gift of a Lifetime: The Hospital, Modern Medicine, and Mortality	17
Front Matter	17
Targeting Impact versus Deprivation	17
Price Floors and Employer Preferences: Evidence from a Minimum Wage Experiment	16
A Framework for Economic Growth with Capital-Embodied Technical Change	16
An Equilibrium Model of the International Price System	16
Product Innovation, Product Diversification, and Firm Growth: Evidence from Japan’s Early Industrialization	16
Monetary Policy and Rational Asset Price Bubbles: Comment	16
Optimal Monetary Policy According to HANK	16
Religious Festivals and Economic Development: Evidence from the Timing of Mexican Saint Day Festivals	16
Presidential Address: Investing in Children to Address the Child Mental Health Crisis	16
Experimentation in Networks	16
Technology Gaps, Trade, and Income	16
Measuring the Welfare Effects of Shame and Pride	15
The Decline of Too Big to Fail	15
When Tariffs Disrupt Global Supply Chains	15
Front Matter	15
Technological Change and the Consequences of Job Loss	15
Trade with Correlation	14
Did US Politicians Expect the China Shock?	14
Market Structure, Oligopsony Power, and Productivity	14
Curbing Leakage in Public Programs: Evidence from India’s Direct Benefit Transfer Policy	14
The Challenges of Universal Health Insurance in Developing Countries: Experimental Evidence from Indonesia’s National Health Insurance	14
The Long and Short (Run) of Trade Elasticities	14
Local Elites as State Capacity: How City Chiefs Use Local Information to Increase Tax Compliance in the Democratic Republic of the Congo	14
Drivers of Change: Employment Responses to the Lifting of the Saudi Female Driving Ban	14
Political Correctness, Social Image, and Information Transmission	14
Front Matter	13
The Economic Effects of Mafia: Firm Level Evidence	13
Product Differentiation and Oligopoly: A Network Approach	13
Spreading Gangs: Exporting US Criminal Capital to El Salvador	13
Counterfactuals with Latent Information	13
Polity Size and Local Government Performance: Evidence from India	13
A/B Contracts	13
Valid t-ratio Inference for IV	13
The Micro Anatomy of Macro Consumption Adjustments	13
The Old Boys’ Club: Schmoozing and the Gender Gap	13
Monotone Function Intervals: Theory and Applications	12
Factor Market Failures and the Adoption of Irrigation in Rwanda	12
Dynamic Outside Options and Optimal Negotiation Strategies	12
100 Years of Rising Corporate Concentration	12
Inattention and Switching Costs as Sources of Inertia in Medicare Part D	12
Venting Out: Exports during a Domestic Slump	12
Power Flows: Transmission Lines, Allocative Efficiency, and Corporate Profits	11
Worth Your Weight: Experimental Evidence on the Benefits of Obesity in Low-Income Countries	11
Prudential Policy with Distorted Beliefs	11
Separating Ownership and Information	11
Fiscal Policy and Credit Supply in a Crisis	11
Who Benefits from State Corporate Tax Cuts? A Local Labor Markets Approach with Heterogeneous Firms: Comment	11
Aggregating Distributional Treatment Effects: A Bayesian Hierarchical Analysis of the Microcredit Literature	11