The American Economic Review is a general-interest economics journal. Established in 1911, the AER is among the nation's oldest and most respected scholarly journals in the economics profession and is ...

Now that the dividend tax reduction is law, Republicans are already beginning to discuss their tax plans for next year. Such a rapid change in focus is likely to become part of the landscape in ...

Learn how utility functions derive demand functions and their role in maximizing consumer satisfaction and economic decision making.

The Review of Economic Studies, Vol. 53, No. 4, Econometrics Special Issue (Aug., 1986), pp. 497-516 (20 pages) In the first part of the paper we outline a method for estimating a class of models in ...

Investment is a smaller but more volatile component of GDP than consumption. Drops in investment have tended to precede recessions, consumption doesn't always drop during recessions. Consumption ...