Table Of Content

CONTENTS OF ARTICLES AND SHORTER PAPERS D. McFadden: Free Markets and Fettered Consum- X. Matschke and S. M. Sherlund: Do Labor Issues ers ° oe. . ° . Matter in the Determination of U.S. Trade Pol- icy? An Empirical Reevaluation D. W. Diamond and R. G. Rajan: Money in a Theory of Banking . P. W. Schmitz: Information Gathering, Transaction Costs, and the Property Rights Approach C. A. Sims and T. Zha: Were There Regime Switches in U.S. Monetary Policy? L. M. George and J. Waldfogel: The New York Times S. Jayachandran and M. Kremer: Odious Debt and the Market for Local Newspapers S. P. Anderson and R. Renault: Advertising Con- L. E. O. Svensson: Social Value of Public Informa- tent 93 tion: Comment: Morris and Shin (2002) Is Ac tually Pro-Transparency, Not Con R. A. Weber: Managing Growth to Achieve Efficient S. Morris, H. S. Shin, and H. Tong: Social Value Coordination in Large Groups . 114 of Public Information: Morris and Shin S. Anwar and H. Fang: An Alternative Test of (2002) Is Actually Pro-Transparency, Not Racial Prejudice in Motor Vehicle Searches: Con: Reply . Theory and Evidence . . 127 G. M. Grossman and E. L.-C. Lai: International P. Oreopoulos: Estimating Average and Local Aver- Protection of Intellectual Property: Corrigen- age Treatment Effects of Education when Com- dum 456 pulsory Schooling Laws Really Matter T. Lemieux: Increasing Residual Wage Inequality K. Bedard and O. Deschénes: The Long-Term Composition Effects, Noisy Data, or Rising De- Impact of Military Service on Health: Evi- mand for Skill? ese dence from World War Il and Korean War F. Caselli and W. J. Coleman I: The World Tech- Veterans ' ee 176 nology Frontier... ... . D. Bernhardt, E. Hughson, and E. Kutsoati: The D. Comin and M. Gertler: Medium-Term Business Evolution of Managerial Expertise: How Cor- Cy cles porate Culture Can Run Amok P. Bacchetta and E. van Wincoop: Can Information M. M. Mobius and T. S. Rosenblatt: Why Beauty Heterogeneity Explain the Exchange Rate De- Matters termination Puzzle? T. Piketty, G. Postel-Vinay, and J.-L. Rosenthal: L. L. Veldkamp: Media Frenzies in Markets for Wealth Concentration in a Developing Econ Financial Information omy: Paris and France, |1807—1994 L. M. Ausubel: An Efficient Dynamic Auction for J. Esteban and D. Ray: Inequality, Lobbying. and Heterogeneous Commodities . Resource Allocation D. Fudenberg and D. K. Levine: Superstition and L. Eeckhoudt and H. Schlesinger: Putting Risk in Rational Learning Its Proper Place J. Bulow and J. Levin: Matching and Price Compe G. J. van den Berg, M. Lindeboom, and F. Por- tition trait: Economic Conditions Early in Life and Individual Mortality 290) J. Brandts and D. J. Cooper: A Change Would Do You Good An Experimental Study on How J. Rudd and K. Whelan: Can Rational Expectations to Overcome Coordination Failure in Organiza- wSet“s<i 9?c ky-Price Models Explain Inflation Dynam- 303 ons S. DellaVigna and U. Malmendier: Paying Not to L.-H. Roller and F. Steen: On the Workings of a Go to the Gym 694 Cartel: Evidence from the Norwegian Cement Industry T. Besley and A. Prat: Handcuffs for the Grabbing Hand? Media Capture and Government Ac T. C. Bergstrom: Benetit-Cost in a Benevolent So countability 720 ciety . . D. Krueger and F. Kubler: Pareto-Improving Social Y. Chang and J. H. Hong: Do Technological! Im Security Reform when Financial Markets are provements in the Manufacturing Sector Raise Incomplete!? 737 or Lower Employment? . J. P. Johnson and D. P. Myatt: On the Simple M. Faccio: Politically Connected Firms Economics of Advertising, Marketing, and M. F. Mitchell and A. Moro: Persistent Distortionary Product Design 756 Policies with Asymmetric Information C. Fumagalli and M. Motta: Exclusive Dealing and H. Horn: National Treatment in the GATT Entry. when Buyers Compete 785 J. G. Cummins, K. A. Hassett, and S. D. Oliner: K. Munshi and M. Rosenzweig: Traditional Institutions Investment Behavior, Observable Expectations, Meet the Modern World: Caste, Gender, and and Internal Funds 796 Schooling Choice in a Globalizing Economy E. Wasmer: General versus Specific Skills in La- M. Busse, J. Silva-Risso, and F. Zettelmeyer: bor Markets with Search Frictions and Firing $1,000 Cash Back: The Pass-Through of Auto Costs Manufacturer Promotions B. Kuruscu: Training and Lifetime Income T. Feddersen and A. Sandroni: \ Theory of Par- J. Angrist, E. Bettinger, and M. Kremer: Long- ticipation in Elections Term Educational Consequences of Secondary S. G. Donald and D. S. Hamermesh: What Is Dis School Vouchers: Evidence from Administra- crimination? Gender in the American Economic tive Records in Colombia Association, 1935 1283 J. R. Kling: Incarceration Length, Employment, and P. Beaudry and F. Portier: Stock Prices. News. and Earnings Economic Fluctuations 1293 K. Bagwell and R. W. Staiger: Will International S. Haider and G. Solon: Life-Cycle Variation in the Rules on Subsidies Disrupt the World Trading Association between Current and Lifetime System? 877 Earnings 1308 N. Liméao: Preferential Trade Agreements as Stum K. Eliaz, D. Ray, and R. Razin: Choice Shifts in bling Blocks for Multilateral Trade Liberaliza- Groups \ Decision-Theoretic Basis 1321 tion: Evidence for the United States 896 J. M. Rothstein: Good Principals or Good Peers? T. C. Schelling: An Astonishing Sixty Years The Parental Valuation of School Characteristics, Legacy of Hiroshima 929 Tiebout Equilibrium, and the Incentive Effects A. Finkelstein and K. McGarry: Multiple Dimen of Competition among Jurisdictions sions of Private Information: Evidence from the T. R. Kaplan and D. Wettstein: Caps on Political Long-Term Care Insurance Market Lobbying: Comment N. M. Fortin: Higher-Education Policies and the Y.-K. Che and L. L. Gale: Caps on Political Lobby- College Wage Premium: Cross-State Evidence ing: Reply from the 1990s J. Driffill and Z. Rotondi: Credibility of ee M. P. Bitler, J. B. Gelbach, and H. W. Hoynes: Monetary Delegation: Comment What Mean Impacts Miss: Distributional Ef- fects of Welfare Reform Experiments . . 988 C. Fershtman and K. L. Judd: Equilibrium Incen- tives in Oligopoly: Corrigendum 1367 J. Adda and F. Cornaglia: Taxes, Cigarette Con- sumption, and Smoking Intensity 1013 F. E. Kydland: Quantitative Aggregate Economics . 1373 Y. Bereby-Meyer and A. E. Roth: The Speed of P. E. Todd and K. I. Wolpin: Assessing the Impact Learning in Noisy Games: Partial Reinforcement of a School Subsidy Program in Mexico: Using and the Sustainability of Cooperation 1029 a Social Experiment to Validate a Dynamic Behavioral Model of Child Schooling and Fer- X. Gabaix, D. Laibson, G. Moloche, and S. Wein- tility . . berg: Costly Information Acquisition: Experi- mental ieninild of a —— Rational S. Basu, J. G. Fernald, and M. S. Kimball: Are Model . 1043 Technology Improvements Contractionary” 1418 N. Barberis, M. Huang, and R. H. Thaler: Individ- D. Fudenberg and D. K. Levine: A Dual-Self ual Preferences, Monetary Gambles, and Stock Model of Impulse Control . . 1449 Market Participation: A Case for Narrow Fram- S. Chaudhuri, P. K. Goldberg, and P. Jia: Esti- 1069 mating the Effects of Global Patent Protection J. Lerner and J. Tirole: A Model of Forum Shop- in Pharmaceuticals: A C ase Study of Quino- ping 1091 lones in India 1477 M. Mandler: Cardinality versus ae A Sug- S. E. Feinberg and M. P. Keane: Accounting for the gested Compromise Growth of MNC-Based Trade Using a Struc- G. Maggi and M. Morelli: Self-Enforcing Voting in tural Model of U.S. MNCs International Organizations F. Pérez-Gonzalez: Inherited Control and Firm Per R. J. Caballero, E. Farhi, and M. L. Hammour: formance Speculative Growth: Hints from the U.S. Econ- D. S. Johnson, J. A. Parker, and N. S. Souleles: omy 1159 Household Expenditure and the Income Tax T. Sargent, N. Williams, and T. Zha: Shocks and Rebates of 2001 Government Beliefs: The Rise and Fall of A. Falk and M. Kosfeld: The Hidden Costs of American inflation ........... 1193 Control P. Martin and H. Rey: Globalization and Emerging C. L. House and M. D. Shapiro: Phased-In Tax Markets: With or Without Crash? Cuts and Economic Activity R. Bénabou and J. Tirole: Incentives and Prosocial K. Chen, A. imrohoroglu, and S. imrohoroglu: Behavior ; . eee The Japanese Saving Rate T. von Wachter and S. Bender: In the Right Place R. Griffith, R. Harrison, and J. Van Reenen: How at the Wrong Time: The Role of Firms and Special Is the Special Relationship? Using the Luck in Young Workers’ Careers . . ‘ 1679 Impact of U.S. R&D Spillovers on U.K. Firms P. Dudine, I. Hendel, and A. Lizzeri: Storable Good as a Test of Technology Sourcing Monopoly: The Role of Commitment 1706 V. A. Ramey and D. J. Vine: Declining Volatility in G.-M. Angeletos and 1. Werning: Crises and Prices the U.S. Automobile Industry Information Aggregation, Multiplicity, and J. Boisjoly, G. J. Duncan, M. Kremer, D. M. Levy, Volatility ‘ 1720 and J. Eccles: Empathy or Antipathy? The M. A. Costa-Gomes and V. P. Crawford: Cogni- Impact of Diversity 1890 tion and Behavior in Two-Person Guessing G. E. Bolton and A. Ockenfels: Inequality Aversion, Games: An Experimental Study . , 1737 Efficiency, and Maximin Preferences in Simple C. Hellwig, A. Mukherji, and A. Tsyvinski: Self- Distribution Experiments: Comment 1906 Fulfilling Currency Crises: The Role of Interest FE. Fehr, M. Naef, and K. M. Schmidt: Inequality Rates ‘4 sae ; 1769 Aversion, Efficiency, and Maximin Prefer- M. Manacorda: Child Labor and the Labor Supply ences in Simple Distribution Experiments of Other Household Members Evidence from Comment 1912 1920 America 1788 D. Engelmann and M. Strobel: Inequality Aver J. Wolfers: Did Unilateral Divorce Laws Raise sion, Efficiency, and Maximin Preferences in Divorce Rates? A Reconciliation and New Simple Distribution Experiments: Reply 1918 Results 1802 J. Meckl: Does European Unemployment Prop Up R. Chetty: A New Method of Estimating Risk Aver- American Wages? National Labor Markets and sion . 1821 Global Trade: Comment 1924