The American Economic Review, Volume 94

aggregate American Economic Review analysis annuities asset average benefits blocks capital car thefts central bank coefficient cohorts cointegrating column compulsory conditional independence consumption correlation costs countries crime dummy earnings empirical equation equilibrium estimates ex ante exchange rate expected export F-test factor firms fixed effects foreign GATT/WTO growth Heckscher-Ohlin model impact implies important incarceration income increase indeterminacy individual industry inflation instrumental variables interest rates Internet Jewish institution Journal labor likelihood function majoritarian measure ment monetary policy negative nomic nominal interest rate observations optimal outcomes output paper parameters Pareto-efficient percent period political production propensity score public housing regression relative reported retirement sample schooling Section share shocks significant Social Security specification standard errors stations statistically structure Swiss dinar Table target tion tive trade voting wealth welfare workers Yes Yes zero