Table Of Content

Journal of Political Economy EDITED BY PIERRE-ANDRE CHIAPPORI, ANIL K KASHYAP, STEVEN D. LEVITT, CANICE PRENDERGAST, ROBERT SHIMER, AND NANCY L. STOKEY IN COOPERATION WITH OTHER MEMBERS OF THE DEPARTMENT OF ECONOMICS AND THE GRADUATE SCHOOL OF BUSINESS OF THE UNIVERSITY OF CHICAGO AND OUTSIDE REFEREES Volume 112 February—December 2004 THE UNIVERSITYO F CHICAGO PRESS CHICAGO, ILLINOIS 2004 BY THE UNIVERSITY OF CHICAGO. ALL RIGHTS RESERVED PUBL“SHED FEBRUARY APRIL, JUNE, AUGUST, OCTOBER DECEMBER 2004 BY THE UNIVERSITY OF CHICAGO PRESS index to Volume 112 Articles and Notes Acemoglu, Daron, David H. Autor, and David Lyle. Women, War, and Wages: The Effect of Female Labor Supply on the Wage Structure at Midcentury , on ae - ~ - e Alesina, Alberto, Reza Bagqir, and Caroline Hoxby. Political oun tions in Heterogeneous Communities .. 348 Alvarez, Fernando, and Urban J]. Jermann I sing Aenet Prices to Me:a sure the ( ost of Business Cycles fon ; _—? 1223 Antras, Pol, and Elhanan Helpman. Global Sourcing a Ashenfelter, Orley, and Michael Greenstone. \ sing Mandated Spee 1 Limits to Measure the Value of a Statistical Life : $226 Autor, David H. See Acemoglu, Daron Baqir, Reza. See Alesina, Alberto Bénabou, Roland, and Jean Tirole Willpower and Personal Rules Benartzi, Shlomo. See Thaler, Richard H Berk, Jonathan B., and Richard C. Green. Mutual Fund Flows and Perfor- mance in Rational Markets ; 1269 Bernhofen, Daniel M., and John C. Brown. A Direct Test of the Theory of Comparative Advantage: The Case of Japan 48 Berry, Steven, James Levinsohn, and Ariel Pakes. Differentiated P voduct ts ie - mand Systems from a Combination of Micro and Macro Data: The New Car Market Bils, Mark, and Peter J]. Klenow. Some Evidence on the Importance of Sticky Prices Bisin, Alberto, Giorgio Topa, and Thierry Verdier. Religious Intermarriage and Socialization in the United States ; Bommier, Antoine, and Pierre Dubois. Rotten Parents and Child Labor Brown, Jol n C. See Bernhofen, Daniel M Cameron, Stephen V., and Christopher Taber. Estimation of Educational Bor- rowing Constraints Using Returns to Schooling aplin, Andrew, and John Leahy. The Social Discount Rate ye arlton, Dennis W., Alan S. Frankel, and Elisabeth M. Landes. The Control of Externalities in Sports Leagues: An Analysis of Restrictiens in the National Hockey League , ay $268 hoi, Yong-Seok, and Pravin Krishna. The Factor Content of Bilateral [rade: An Empirical Test ; . 887 ole, Harold L., and Lee Ek. Ohanian. New Deal Policies and the Persis- tence of the Great Depression: A General Equilibrium Analysis . 779 ooley, Thomas, Ramon Marimon, and Vincenzo Quadnini \gegregate Conse- quences of Limited Contract Enforceability 1406 JOURNAL OF POLITICAL ECONOMY Costrell, Robert M., and Glenn C. Loury. Distribution of Ability and Earn- ings in a Hierarchical Job Assignment Model Davis, Steven ]., Kevin M. Murphy, and Robert H. Topel. Entry, Pricing, and Product Design in an Initially Monopolized Market Demange, Gabrielle. On Group Stability in Hierarchies and Networks Dubois, Pierre. See Bommier. Antoine Dynan, Karen E., Jonathan Skinner, and Stephen P. Zeldes. Do the Rich Save More e Ekeland, Ivar, James J].H eckman, and Lars Nesheim. \dentification and Esti mation of Hedonic Models Finkelstein, Amy, and James Poterba. Adverse Selection in Insurance Mar- kets: Policvholder Evidence from the U.K. Annuity Market Fisman, Raymond, and Shang-Jin Wei. Tax Rates and Tax Evasion: Evi dence from “Missing Imports” in China Frankel. Alan S. See Carlton, Dennis W Gaynor, Martin, James B. Rebitzer, and Lowell J. Taylor. Physician Incentives in Health Maintenance Organizations Gelbach, Jonah B. Migration, the Life Cycle, and State Benefits: How Low Is the Bottom? Gerber, Elisabeth R.. and Jeffrey B. Lewis. Bevond the Median: Voter Prefer ences, District Heterogeneity, and Political Representation Gilboa, Itzhak, Dov Samet, and David Schmeidler. Utilitarian Aggregation of Jeliefs and Tastes Gilligan, Thomas W. Lemons and Leases in the Used Business Aircraft Market romes, Joao, Leonid Kogan, and Lu Zhang. Erratum: “Equilibrium Cross Section of Returns sreen, Richard C. See Berk Jonathar B sreenstone, Michael. See Ashenfelter, Orley rrossman, Gene M. The Distribution of Talent and the Pattern and Con sequences of International Trade Hansen, Zeynep K., and Gary D. Libecap. Small Farms, Externalities, and the Dust Bowl of the 1930s Heckman James ] See Ekeland, Ivar Helbman, Elhanan. See Antras, Pol Hess, Gregory D. Marriage and Consumption Insurance: What's Love Got to Do with It? Horner, Johannes, and Morton 1. Kamien. Coase and Hotelling: A Meeting of the Minds House, Christopher L., and John V. Leahy. An sS Model with Adverse Selection Hoxtby, Caroline. See Alesina, Alberto Hummels, David, and Alexandre Skiba Shipping the Good Apple s Out: An Empirical Confirmation of the Alchian-Allen Conjecture Hurst, Erik, and Annamaria Lusardi. Liquidity Constraints, Household Wealth, and Entrepreneurship Jermann Urban / See Alvarez. Fernando Kamien, Morton I. See Horner, Johannes Kaplow, Louis, and Steven Shavell. Any Non-welfarist Method of Policy As sessment Violates the Pareto Principle: Reply Klenow, Peter J.S ee Bils, Mark INDEX TO VOLUME 112 1407 Kleite, Tor Jakob, and Samuel Kortum. Innovating Firms and Aggregate Innovation . 986 Kogan, Leonid. See Gomes. Joao. Kortum, Samuel. See Klette, Tor Jakob Krishna, Pravin. See Choi, Yong-Seok Krueger, Alan B., and Alexandre Mas. Strikes, Scabs, and Tread Separa- tions: Labor Strife and the Production of Defective Bridgestone /Fire stone Tires Landes, lisabeth M. See Carlton. Dennis W La Porta, Rafael, Florencio Lopez-de Silanes, Cristian Pop-kleches, and Andrei Shleifer. Judicial Checks and Balances ; Lazear, Edward P. The Peter Principle: A Theory of Decline Leahy, John. See Caplin, Andre Leahy, John V. See House, Christopher I Levinsohn, James. See Berry, Steven Lewis, Jeffrey B. See Gerber, Elisabeth R Li, Hao, and Wing Suen. Delegating Decisions to Experts Libecap, Gary D. See Hansen Zeynep K List, John A, Testing Neoclassical Competitive Theory in Multilateral De- centralized Markets Andrew W., Harry Mamaysky, and Jiang Wang. Asset Prices and Trad ing Volume under Fixed Transactions Costs Lopez-de-Silanes, Florencio. See La Porta, Rafael Loury, Glenn C. See Costrell, Robert M Lucas, Robert E., Jr. Life Earnings and Rural-Urban Migration Lusardi, Annamaria. See Hurst, Eril Lyle. David. See Aci VacDonald, Glenn, and chael ach. The Economics of Has bee ns Viamaysky, Harry. See Viarimon, Ramon. See Vas. Alexandre. See Menzly, Lior, Tano Sa and tro Veron Understanding Predictability Miguel, EKdward, Shanker Satyanat l krnest Serger Economic Shocks and Civil Conflict: An Instrumental Variables Approach Murphy, Kevin M. See Di Steven | Neal, Derek. The Measured Black-White Wage Gap among Women Is Too Small Lars. See Lkeland, [var Ohanian, Lee FE. See Cole, Harold 1 Pakes, Ariel. See Berry, Stever ersico, Nicola, Andrew Postlewaite, and Dan Silverman. The Effect of Ado lescent I xperience on Labor Market Outcomes: The Case of Height Pop-Eleches Cristian. See La Porta, Rafael Postlewaite. Andrew. See Persico. Nicola Poterba, James. See Finkelstein, Amy Quadnini, Vincenzo. See Cooley, Thomas Rebitzer, James B. See Gaynor, Martin Rogers, Carol Ann, and Kenneth A. Swinnerton. Does Child Labor Decrease When Parental Incomes Rise? 1405 JOURNAL OF POLITICAL ECONOMY Rosen, Sherwin. See Ryoo, Jaewoo Ryoo, Jaewoo, and Sherwin Rosen. The Engineering Labor Market . S110 Samet, Dov. See Gilboa, Itzhak. Santos, Tano. See Menzly, Lior Satyanath, Shanker See Miguel, Edward. Schmeidler, David. See Gilboa, Itzhak. Sergenti, Ernest. See Miguel, Edward. Sethi, Rajiv, and Rohini Somanathan. Inequality and Segregation Shavell, Steven. See Kaplow, Louis. Shleifer, Andrei. See La Porta, Rafael Silverman, Dan. See Persico, Nicola. Skiba, Alexandre. See Hummels, David Skinner, Jonathan. See Dynan, Karen I Somanathan, Rohini. See Sethi, Raji Storesletten, Kjetil, Chris I. Telmer, and Amir Yaron. Cyclical Dynamics in Idi osyncratic Labor Market Risk Suen. Wing See Li, Hao. Swinnerton, Kenneth A. See Rogers, Carol Ann Syverson, Chad. Market Structure and Productivity: A Concrete Example laber, Christopher. See Cameron, Stephen \ laylor, Lowell | See Gaynor, Martin lelmer. Chris I. See Storesletten. Kjet l Thaler, Richard H., and Shlomo Benartzi. Save More Tomorrow Using Behavioral Economics to Increase Employee Saving Tirole Jean See Béenabou. Roland lopa, Giorgio see Bisin Alberto lopel, Robert H. See Davis, Steven | Verdier. Thierry. See Bisin, Alberto Veronesi, Pietro. See Menzly, Lior Wang fiang See Lo, Andrew W Wei, Shang fin See Fisman, Raymond Weisbach, Michael S. See MacDonald, Glenn Welch, Ivo. Capital Structure and Stock Returns ” Amir. See Storesletten, Kjetil s, Stephen P See Dynan, Karen I Lu. See Gomes Joao