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American Economic Review

Vol. 105 No. 4 April 2015

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Title

Abstract

Author

Front Matter (pp. i-vi)

Climate Clubs: Overcoming Free-Riding in International Climate Policy

William Nordhaus

(pp. 1339-70)

The Housing Market(s) of San Diego

Tim Landvoigt, Monika Piazzesi and Martin Schneider

(pp. 1371-1407)

Has the US Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation

Thomas Philippon

(pp. 1408-38)

The Anatomy of a Credit Crisis: The Boom and Bust in Farm Land Prices in the United States in the 1920s

Raghuram Rajan and Rodney Ramcharan

(pp. 1439-77)

How Elastic Are Preferences for Redistribution? Evidence from Randomized Survey Experiments

Ilyana Kuziemko, Michael I. Norton, Emmanuel Saez and Stefanie Stantcheva

(pp. 1478-1508)

Wages and Informality in Developing Countries

Costas Meghir, Renata Narita and Jean-Marc Robin

(pp. 1509-46)

Medicare Part D: Are Insurers Gaming the Low Income Subsidy Design?

Francesco Decarolis

(pp. 1547-80)

Punishment and Deterrence: Evidence from Drunk Driving

Benjamin Hansen

(pp. 1581-1617)

SHORTER PAPERS

Until the Bitter End: On Prospect Theory in a Dynamic Context

Sebastian Ebert and Philipp Strack

(pp. 1618-33)

SHORTER PAPERS

Correlation Neglect, Voting Behavior, and Information Aggregation

Gilat Levy and Ronny Razin

(pp. 1634-45)

SHORTER PAPERS

Competitive Policy Development

Alexander V. Hirsch and Kenneth W. Shotts

(pp. 1646-64)