Journal of Economic Literature
Công bố khoa học tiêu biểu
* Dữ liệu chỉ mang tính chất tham khảo
Sắp xếp:
Field Experiments
Journal of Economic Literature - Tập 42 Số 4 - Trang 1009-1055 - 2004
Experimental economists are leaving the reservation. They are recruiting
subjects in the field rather than in the classroom, using field goods rather
than induced valuations, and using field context rather than abstract
terminology in instructions. We argue that there is something methodologically
fundamental behind this trend. Field experiments differ from laboratory
experiments in many ways. Alt...
Natural Resources: Curse or Blessing?
Journal of Economic Literature - Tập 49 Số 2 - Trang 366-420 - 2011
Are natural resources a “curse” or a “blessing”? The empirical evidence suggests
that either outcome is possible. This paper surveys a variety of hypotheses and
supporting evidence for why some countries benefit and others lose from the
presence of natural resources. These include that a resource bonanza induces
appreciation of the real exchange rate, deindustrialization, and bad growth
prospects,...
Shadow Economies: Size, Causes, and Consequences
Journal of Economic Literature - Tập 38 Số 1 - Trang 77-114 - 2000
Using various methods, the size of the shadow economy in 76 developing,
transition, and OECD countries is estimated. Average size varies from 12 percent
of GDP for OECD countries, to 23 percent for transition countries and 39 percent
for developing countries. Increasing taxation and social security contributions
combined with rising state regulations are driving forces for the increase of
the shad...
The New Institutional Economics: Taking Stock, Looking Ahead
Journal of Economic Literature - Tập 38 Số 3 - Trang 595-613 - 2000
This paper examines the progressive development of the new institutional
economics over the past quarter century. It begins by distinguishing four levels
of social analysis, with special emphasis on the institutional environment and
the institutions of governance. It then turns to some of the good ideas out of
which the NIE works: the description of human actors, feasibility, firms as
governance s...
Reading About the Financial Crisis: A Twenty-One-Book Review
Journal of Economic Literature - Tập 50 Số 1 - Trang 151-178 - 2012
The recent financial crisis has generated many distinct perspectives from
various quarters. In this article, I review a diverse set of twenty-one books on
the crisis, eleven written by academics, and ten written by journalists and one
former Treasury Secretary. No single narrative emerges from this broad and often
contradictory collection of interpretations, but the sheer variety of
conclusions is...
The Economic Effects of Energy Price Shocks
Journal of Economic Literature - Tập 46 Số 4 - Trang 871-909 - 2008
Large fluctuations in energy prices have been a distinguishing characteristic of
the U.S. economy since the 1970s. Turmoil in the Middle East, rising energy
prices in the United States, and evidence of global warming recently have
reignited interest in the link between energy prices and economic performance.
This paper addresses a number of the key issues in this debate: What are energy
price shoc...
Climate Change Policy: What Do the Models Tell Us?
Journal of Economic Literature - Tập 51 Số 3 - Trang 860-872 - 2013
Very little. A plethora of integrated assessment models (IAMs) have been
constructed and used to estimate the social cost of carbon (SCC) and evaluate
alternative abatement policies. These models have crucial flaws that make them
close to useless as tools for policy analysis: certain inputs (e.g., the
discount rate) are arbitrary, but have huge effects on the SCC estimates the
models produce; the ...
Behavioral Contract Theory
Journal of Economic Literature - Tập 52 Số 4 - Trang 1075-1118 - 2014
This review provides a critical survey of psychology-and-economics
(“behavioral-economics”) research in contract theory. First, I introduce the
theories of individual decision making most frequently used in behavioral
contract theory, and formally illustrate some of their implications in
contracting settings. Second, I provide a more comprehensive (but informal)
survey of the psychology-and-econom...
Top Incomes in the Long Run of History
Journal of Economic Literature - Tập 49 Số 1 - Trang 3-71 - 2011
A recent literature has constructed top income shares time series over the long
run for more than twenty countries using income tax statistics. Top incomes
represent a small share of the population but a very significant share of total
income and total taxes paid. Hence, aggregate economic growth per capita and
Gini inequality indexes are sensitive to excluding or including top incomes. We
discuss...
Looking into the Black Box: A Survey of the Matching Function
Journal of Economic Literature - Tập 39 Số 2 - Trang 390-431 - 2001
This paper surveys the microfoundations, empirical evidence, and estimation
issues underlying the aggregate matching function. There is no consensus yet on
microfoundations but one is emerging on estimation. An aggregate, constant
returns, Cobb-Douglas matching function with hires as a function of vacancies
and unemployment has been successfully estimated for several countries. Recent
work has uti...
Tổng số: 39
- 1
- 2
- 3
- 4