European Economic Review

1969 - 2025

Current editor(s): T.S. Eicher, A. Imrohoroglu, E. Leeper, J. Oechssler and M. Pesendorfer

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Volume 139, issue C, 2021

Financial markets and dissent in the ECB’s Governing Council

Peter Tillmann

Closing the loop in a circular economy: Saving resources or suffocating innovations?

Sophie Zhou and Sjak Smulders

Monetary and fiscal policy interactions in a frictional model of fiat money, nominal public debt and banking

Saroj Dhital, Pedro Gomis-Porqueras and Joseph Haslag

Are neutral and investment-specific technology shocks correlated?

Alban Moura

Theft in equilibrium

Casilda Lasso de la Vega, Oscar Volij and Federico Weinschelbaum

Spin doctors: An experiment on vague disclosure

Marvin Deversi, Alessandro Ispano and Peter Schwardmann

Permanent versus transitory income shocks over the business cycle

Agnes Kovacs, Concetta Rondinelli and Serena Trucchi

From theory to policy with gravitas: A solution to the mystery of the excess trade balances

Gabriel Felbermayr and Yoto Yotov

Sunspot bank runs and fragility: The role of financial sector competition

Jiahong Gao and Robert R. Reed

On the measurement of the elasticity of labour

Charles Gottlieb, Joern Onken and Arnau Valladares-Esteban

Sectarian aid, sanctions and subnational development

Cemal Eren Arbatli and David Gomtsyan

Waterfall illusion in risky choice – exposure to outcome-irrelevant gambles affects subsequent valuation of risky gambles

Julie Guo and Agnieszka Tymula

COVID-19-induced shocks and uncertainty

Mirela Miescu and Raffaele Rossi

Comparative advantage and moonlighting

Stéphane Auray, David Fuller and Guillaume Vandenbroucke

Measuring labor supply and demand shocks during COVID-19

Pedro Brinca, Joao Duarte and Miguel Faria-e-Castro

Recall and response: Relationship adjustments to adverse information shocks

Emek Basker and Fariha Kamal

How do parents perceive the returns to parenting styles and neighborhoods?

Lukas Kiessling

Tracking GDP in real-time using electricity market data: Insights from the first wave of COVID-19 across Europe

Carlo Fezzi and Valeria Fanghella

Volume 138, issue C, 2021

Is it a fallacy to believe in the hot hand in the NBA three-point contest?

Joshua B. Miller and Adam Sanjurjo

The role of own-group density and local social norms for ethnic marital sorting: Evidence from the UK

Dan Anderberg and Alexander Vickery

Can simple advice eliminate the gender gap in willingness to compete?

Dany Kessel, Johanna Mollerstrom and Roel van Veldhuizen

Tax effects on bank liability structure

Leonardo Gambacorta, Giacomo Ricotti, Suresh Sundaresan and Zhenyu Wang

How big is the “lemons” problem? Historical evidence from French wines

Pierre Mérel, Ariel Ortiz-Bobea and Emmanuel Paroissien

Financial frictions, real estate collateral and small firm activity in Europe

Ryan Banerjee and Kristian Blickle

A time to print, a time to reform

Lars Boerner, Jared Rubin and Battista Severgnini

Twin Peaks: Covid-19 and the labor market

Jake Bradley, Alessandro Ruggieri and Adam Spencer

Extending alcohol retailers’ opening hours: Evidence from Sweden

Daniel Avdic and Stephanie von Hinke

Local incentives and national tax evasion: The response of illegal mining to a tax reform in Colombia

Santiago Saavedra and Mauricio Romero

Inequality, institutions and cooperation

Thomas Markussen, Smriti Sharma, Saurabh Singhal and Finn Tarp

The original sin: Firms’ dynamics and the life-cycle consequences of economic conditions at birth

Lilia Cavallari, Simone Romano and Paolo Naticchioni

Does immigration grow the pie? Asymmetric evidence from Germany

Nicolò Maffei-Faccioli and Eugenia Vella

Preferential trade agreements and MFN tariffs: Global evidence

David Kuenzel and Rishi Sharma

When is the fiscal multiplier high? A comparison of four business cycle phases

Travis Berge, Maarten De Ridder and Damjan Pfajfar

Civic capital and service outsourcing: Evidence from Italy

Matthias Bürker, Irene Mammi and Gaetano Alfredo Minerva

Financial crises and innovation

Bryan Hardy and Can Sever

Bank regulation and monetary policy transmission: Evidence from the U.S. States liberalization

Aeimit Lakdawala, Raoul Minetti and Matthew Schaffer

The demand for punishment to promote cooperation among like-minded people

Christoph Bühren and Astrid Dannenberg

A macroeconomic theory of banking oligopoly

Mei Dong, Stella Huangfu, Hongfei Sun and Chenggang Zhou

Volume 137, issue C, 2021

On the welfare effects of phasing out paper currency

Julio Garín, William Lastrapes and Robert Lester

Immigration and nationalism: The importance of identity

Francesco Flaviano Russo

Vertical integration as a source of hold-up: An experiment

Marie-Laure Allain, Claire Chambolle, Patrick Rey and Sabrina Teyssier

Money or meaning? Labor supply responses to work meaning of employed and unemployed individuals

Iris Kesternich, Heiner Schumacher, Bettina Siflinger and Stefan Schwarz

Downward interest rate rigidity

Grégory Levieuge and Jean-Guillaume Sahuc

On the political economy of industrial, labor and social reforms as complements

Antonio Estache and Renaud Foucart

Macroprudential policy coordination in a currency union

Pierre-Richard Agénor, Timothy Jackson and Pengfei Jia

Backlash against affirmative action: Evidence from the South Tyrolean package

Alessandro Belmonte and Armando Di Lillo

Preference evolution in different matching markets

Jiabin Wu and Hanzhe Zhang

Heterogeneous wealth effects

Dimitris Christelis, Dimitris Georgarakos, Tullio Jappelli, Luigi Pistaferri and Maarten van Rooij

COVID-induced sovereign risk in the euro area: When did the ECB stop the spread?

Aymeric Ortmans and Fabien Tripier

Automation, unemployment, and the role of labor market training

Bernhard Schmidpeter and Rudolf Winter-Ebmer

Inequality, fiscal policy and COVID19 restrictions in a demand-determined economy

Alan Auerbach, Yuriy Gorodnichenko and Daniel Murphy

Escalating commitment to a failing course of action — A re-examination

Nikolai Martens and Henrik Orzen

Merchants of death: Arms imports and terrorism

Daniel Auer and Daniel Meierrieks

Contracting institutions and firm integration around the world

Peter Eppinger and Bohdan Kukharskyy

The effect of grandchildren on grandparental labor supply: Evidence from Europe

Andreas Backhaus and Mikkel Barslund

Covid-19 crisis and hostility against foreigners

Vojtěch Bartoš, Michal Bauer, Jana Cahlikova and Julie Chytilová