The Quarterly Journal of Economics

1886 - 2025

Current editor(s): Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

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Volume 114, issue 4, 1999

Changing Inequality in Markets for Workplace Amenities pp. 1085-1123

Daniel Hamermesh

Ramsey Meets Laibson in the Neoclassical Growth Model pp. 1125-1152

Robert Barro

When Does Privatization Work? The Impact of Private Ownership on Corporate Performance in the Transition Economies pp. 1153-1191

Roman Frydman, Cheryl Gray, Marek Hessel and Andrzej Rapaczynski

The Benefits of Privatization: Evidence from Mexico pp. 1193-1242

Rafael La Porta and Florencio Lopez-de-Silanes

Public Goods and Ethnic Divisions pp. 1243-1284

Alberto Alesina, Reza Baqir and William Easterly

Interfirm Relationships and Informal Credit in Vietnam pp. 1285-1320

John McMillan and Christopher Woodruff

A Theory of Wage and Promotion Dynamics Inside Firms pp. 1321-1358

Robert Gibbons and Michael Waldman

Dualism and Macroeconomic Volatility pp. 1359-1397

Philippe Aghion, Abhijit Banerjee and Thomas Piketty

Fiscal Policy in Good Times and Bad pp. 1399-1436

Roberto Perotti

What Drives Deregulation? Economics and Politics of the Relaxation of Bank Branching Restrictions pp. 1437-1467

Randall S. Kroszner and Philip E. Strahan

Volume 114, issue 3, 1999

Democracies Pay Higher Wages pp. 707-738

Dani Rodrik

Zipf's Law for Cities: An Explanation pp. 739-767

Xavier Gabaix

Incentives for Procrastinators pp. 769-816

Ted O'Donoghue and Matthew Rabin

A Theory of Fairness, Competition, and Cooperation pp. 817-868

Ernst Fehr and Klaus Schmidt

Coordinating Regime Switches pp. 869-905

Christophe Chamley

The Impact of Outsourcing and High-Technology Capital on Wages: Estimates For the United States, 1979–1990 pp. 907-940

Robert Feenstra and Gordon Hanson

The Induced Innovation Hypothesis and Energy-Saving Technological Change pp. 941-975

Richard Newell, Adam Jaffe and Robert Stavins

Wage Inequality in the United States During the 1980s: Rising Dispersion or Falling Minimum Wage? pp. 977-1023

David S. Lee

Evidence on Growth, Increasing Returns, and the Extent of the Market pp. 1025-1045

Alberto F. Ades and Edward L. Glaeser

School Inputs and Educational Outcomes in South Africa pp. 1047-1084

Anne Case and Angus Deaton

Volume 114, issue 2, 1999

Contracting with Externalities pp. 337-388

Ilya Segal

Career Concerns of Mutual Fund Managers pp. 389-432

Judith Chevalier and Glenn Ellison

Consumption and Portfolio Decisions when Expected Returns are Time Varying pp. 433-495

John Campbell and Luis Viceira

Experimental Estimates of Education Production Functions pp. 497-532

Alan Krueger

Using Maimonides' Rule to Estimate the Effect of Class Size on Scholastic Achievement pp. 533-575

Joshua Angrist and Victor Lavy

Do Better Schools Matter? Parental Valuation of Elementary Education pp. 577-599

Sandra Black

Psychological Factors and Stock Option Exercise pp. 601-627

Chip Heath, Steven Huddart and Mark Lang

Is Bank Supervision Central to Central Banking? pp. 629-653

Joe Peek, Eric S. Rosengren and Geoffrey Tootell

State-Dependent Pricing and the General Equilibrium Dynamics of Money and Output pp. 655-690

Michael Dotsey, Robert G. King and Alexander Wolman

Pricing the Limits to Growth from Minerals Depletion pp. 691-706

Martin Weitzman

Volume 114, issue 1, 1999

Social Norms and Economic Incentives in the Welfare State pp. 1-35

Assar Lindbeck, Sten Nyberg and Jörgen Weibull

First Impressions Matter: A Model of Confirmatory Bias pp. 37-82

Matthew Rabin and Joel L. Schrag

Why do Some Countries Produce So Much More Output Per Worker than Others? pp. 83-116

Robert Hall and Charles Jones

Has Work-Sharing Worked in Germany? pp. 117-148

Jennifer Hunt

The Forgotten Rationale for Policy Reform: The Productivity of Investment Projects pp. 149-184

Jonathan Isham and Daniel Kaufmann

Investment and Demand Uncertainty pp. 185-227

Luigi Guiso and Giuseppe Parigi

The Aftermath of Appreciations pp. 229-262

Ilan Goldfajn and Rodrigo Valdés

Abortion Legalization and Child Living Circumstances: Who is the "Marginal Child"? pp. 263-291

Jonathan Gruber, Phillip Levine and Doug Staiger

Rational Bias in Macroeconomic Forecasts pp. 293-318

David Laster, Paul Bennett and In Sun Geoum

Avoiding Default: The Role of Credit in the Consumption Collapse of 1930 pp. 319-335

Martha Olney

Volume 113, issue 4, 1998

Are Medical Prices Declining? Evidence from Heart Attack Treatments pp. 991-1024

David M. Cutler, Mark McClellan, Joseph Newhouse and Dahlia Remler

Appropriate Technology and Growth pp. 1025-1054

Susanto Basu and David Weil

Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality pp. 1055-1089

Daron Acemoglu

Workers, Machines, and Economic Growth pp. 1091-1117

Joseph Zeira

Measuring the Social Return to R&D pp. 1119-1135

Charles Jones and John Williams

Patent Buyouts: A Mechanism for Encouraging Innovation pp. 1137-1167

Michael Kremer

Computing Inequality: Have Computers Changed the Labor Market? pp. 1169-1213

David Autor, Lawrence Katz and Alan Krueger

Technology and Changes in Skill Structure: Evidence from Seven OECD Countries pp. 1215-1244

Stephen Machin and John van Reenen

Implications of Skill-Biased Technological Change: International Evidence pp. 1245-1279

Eli Bekman, John Bound and Stephen Machin

Skilled Labor-Augmenting Technical Progress in U. S. Manufacturing pp. 1281-1308

James Kahn and Jong-Soo Lim

Volume 113, issue 3, 1998

Are CEOs Really Paid Like Bureaucrats? pp. 653-691

Brian J. Hall and Jeffrey Liebman

The Origins of Technology-Skill Complementarity pp. 693-732

Claudia Goldin and Lawrence Katz

The Paradox of Liquidity pp. 733-771

Stewart C. Myers and Raghuram Rajan

Public Versus Private Ownership of Firms: Evidence from Rural China pp. 773-808

Hehui Jin and Yingyi Qian

Trend Employment Growth and the Bunching of Job Creation and Destruction pp. 809-834

Christopher Foote

Customer Discrimination and Employment Outcomes for Minority Workers pp. 835-867

Harry Holzer and Keith Ihlanfeldt

Measuring Monetary Policy pp. 869-902

Ben Bernanke and Ilian Mihov

Is Learning by Exporting Important? Micro-Dynamic Evidence from Colombia, Mexico, and Morocco pp. 903-947

Sofronis Clerides, Saul Lach and James Tybout

The Behavior of U. S. Public Debt and Deficits pp. 949-963

Henning Bohn

Social Capability and Economic Growth pp. 965-990

Jonathan Temple and Paul Johnson

Volume 113, issue 2, 1998

Recombinant Growth pp. 331-360

Martin Weitzman

Does Asset Ownership Always Motivate Managers? Outside Options and the Property Rights Theory of the Firm pp. 361-386

David de Meza and Ben Lockwood

Power in a Theory of the Firm pp. 387-432

Raghuram Rajan and Luigi Zingales

Paying for Health Insurance: The Trade-Off between Competition and Adverse Selection pp. 433-466

David M. Cutler and Sarah J. Reber

Insecure Property Rights and Government Ownership of Firms pp. 467-496

Jiahua Che and Yingyi Qian

Ideology, Tactics, and Efficiency in Redistributive Politics pp. 497-529

Avinash Dixit and John Londregan

Are Internal capital Markets Efficient? pp. 531-552

Hyun-Han Shin and René Stulz

Private School Vouchers and Student Achievement: An Evaluation of the Milwaukee Parental Choice Program pp. 553-602

Cecilia Elena Rouse

Consumption Inequality and Income Uncertainty pp. 603-640

Richard Blundell and Ian Preston

Openness and Inflation: A New Assessment pp. 641-648

Cristina Terra

A New Assessment of Openness and Inflation: Reply pp. 649-652

David Romer

Volume 113, issue 1, 1998

Default and Renegotiation: A Dynamic Model of Debt pp. 1-41

Oliver Hart and John Moore

Measuring Positive Externalities from Unobservable Victim Precaution: An Empirical Analysis of Lojack pp. 43-77

Ian Ayres and Steven Levitt

Why Do Firms Train? Theory and Evidence pp. 79-119

Daron Acemoglu and Jorn-Steffen Pischke

Investment Tax Incentives, Prices, and the Supply of Capital Goods pp. 121-148

Austan Goolsbee

Fiscal Year Ends and Nonlinear Incentive Contracts: The Effect on Business Seasonality pp. 149-185

Paul Oyer

The Choice of Stock Ownership Structure: Agency Costs, Monitoring, and the Decision to Go Public pp. 187-225

Marco Pagano and Ailsa Röell

Regionalism and Multilateralism: A Political Economy Approach pp. 227-251

Pravin Krishna

Income, Schooling, and Ability: Evidence from a New Sample of Identical Twins pp. 253-284

Orley Ashenfelter and Cecilia Rouse

The Economic Consequences of Parental Leave Mandates: Lessons from Europe pp. 285-317

Christopher Ruhm

Growth Empirics: A Panel Data Approach—A Comment pp. 319-323

Kevin Lee, Mohammad Pesaran and Ronald Smith

Growth Empirics: A Panel Data Approach—A Reply pp. 325-329

Nazrul Islam