The American Economic Review, Volume 86

agents aggregate American Economic Review analysis assume assumption average behavior bequests buyers capital carbon tax central banker cities coefficient constraints contestant convergence cost countercyclical countries deadweight loss debt domestic dummy effect efficient emissions equal equation equilibrium estimates fiat money Figure Finance firms foreign function garbage gifts global greenfield investment households impact implies income increase industry inflation inputs Institute International investment investors Journal of Economics labor liquidity constraint M₁ macroeconomic manager marginal measure ment migration monetary multifactor productivity multinationals Nash equilibrium nomic observed optimal output paper parameters percent percentage period price changes Price Is Right profits reciprocal exchange reduce regions regression relative reported resource Robert sample schooling Section sector seller shocks significant Solow residual statistics strategy Table tax rates technology shocks theory TIAA-CREF tion trade United University utility variables wage zero