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 110, issue 4, 1995

Globalization and the Inequality of Nations pp. 857-880

Paul Krugman and Anthony Venables

Expansion of Markets and the Geographic Distribution of Economic Activities: The Trends in U. S. Regional Manufacturing Structure, 1860–1987 pp. 881-908

Sukkoo Kim

The Medicaid Notch, Labor Supply, and Welfare Participation: Evidence from Eligibility Expansions pp. 909-939

Aaron Yelowitz

Finishing High School and Starting College: Do Catholic Schools Make a Difference? pp. 941-974

William Evans and Robert M. Schwab

Some Empirical Evidence on the Effects of Shocks to Monetary Policy on Exchange Rates pp. 975-1009

Martin Eichenbaum and Charles Evans

Financial Systems in Northern Thai Villages pp. 1011-1046

Robert M. Townsend

What Determines the Value of Corporate Votes? pp. 1047-1073

Luigi Zingales

Foreign Competition, Market Power, and Wage Inequality pp. 1075-1110

George Borjas and Valerie Ramey

How Do We Know That Real Wages Are Too High? pp. 1111-1125

Alan Manning

Growth Empirics: A Panel Data Approach pp. 1127-1170

Nazrul Islam

Corrigendum pp. 1171

Duncan Foley

Volume 110, issue 3, 1995

Social Mobility and Redistributive Politics pp. 551-584

Thomas Piketty

Ambiguity Aversion and Comparative Ignorance pp. 585-603

Craig R. Fox and Amos Tversky

Case-Based Decision Theory pp. 605-639

Itzhak Gilboa and David Schmeidler

The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience pp. 641-680

Alwyn Young

Corruption and Growth pp. 681-712

Paolo Mauro

Did Workers Pay for the Passage of Workers' Compensation Laws? pp. 713-742

Price Fishback and Shawn Kantor

Is the Behavior of Hours Worked Consistent with Implicit Contract Theory? pp. 743-768

Paul Beaudry and John DiNardo

Does Electoral Accountability Affect Economic Policy Choices? Evidence from Gubernatorial Term Limits pp. 769-798

Timothy Besley and Anne Case

Monopolistic Competition and International Trade: Reconsidering the Evidence pp. 799-836

David Hummels and James Levinsohn

The Long Side of the Market and the Short End of the Stick: Bargaining Power and Price Formation in Buyers', Sellers', and Balanced Markets pp. 837-855

Curtis R. Taylor

Volume 110, issue 2, 1995

Arm's Length Relationships pp. 275-295

Jacques Crémer

Pensions and Retirement: Evidence from Union Army Veterans pp. 297-319

Dora Costa

The Timing and Magnitude of Retail Store Markdowns: Evidence from Weekends and Holidays pp. 321-352

Elizabeth J. Warner and Robert Barsky

Economic Growth and the Environment pp. 353-377

Gene M. Grossman and Alan Krueger

Prices and Trading Volume in the Housing Market: A Model with Down-Payment Effects pp. 379-406

Jeremy C. Stein

The Effect of Credit Market Competition on Lending Relationships pp. 407-443

Mitchell A. Petersen and Raghuram Rajan

A Theoretical and Empirical Investigation of the Effects of Public Health Subsidies for STD Testing pp. 445-474

Tomas Philipson and Richard Posner

The Effects of Tax-Based Saving Incentives on Government Revenue and National Saving pp. 475-494

Martin Feldstein

Time Series Tests of Endogenous Growth Models pp. 495-525

Charles Jones

The High Unemployment Trap pp. 527-550

Gilles Saint-Paul

Volume 110, issue 1, 1995

Warm-Glow versus Cold-Prickle: The Effects of Positive and Negative Framing on Cooperation in Experiments pp. 1-21

James Andreoni

Search at Wholesale Auto Auctions pp. 23-49

David Genesove

The Effect of Arrests on the Employment and Earnings of Young Men pp. 51-71

Jeffrey Grogger

Myopic Loss Aversion and the Equity Premium Puzzle pp. 73-92

Shlomo Benartzi and Richard Thaler

Word-of-Mouth Communication and Social Learning pp. 93-125

Glenn Ellison and Drew Fudenberg

Inflation Persistence pp. 127-159

Jeffrey Fuhrer and George Moore

Relative-Price Changes as Aggregate Supply Shocks pp. 161-193

Laurence Ball and N. Gregory Mankiw

Trade and Circuses: Explaining Urban Giants pp. 195-227

Alberto F. Ades and Edward L. Glaeser

Aggregate Price Indices, New Goods, and Generics pp. 229-244

Franklin M. Fisher and Zvi Griliches

Sticky Prices: New Evidence from Retail Catalogs pp. 245-274

Anil Kashyap

Volume 109, issue 4, 1994

The Firm as a Communication Network pp. 809-839

Patrick Bolton and Mathias Dewatripont

A Theory of Debt Based on the Inalienability of Human Capital pp. 841-879

Oliver Hart and John Moore

The Internal Economics of the Firm: Evidence from Personnel Data pp. 881-919

George Baker, Michael Gibbs and Bengt Holmstrom

The Wage Policy of a Firm pp. 921-955

George Baker, Michael Gibbs and Bengt Holmstrom

Efficient and Inefficient Sales of Corporate Control pp. 957-993

Lucian Arye Bebchuk

Politicians and Firms pp. 995-1025

Andrei Shleifer and Robert W. Vishny

A Theory of Debt and Equity: Diversity of Securities and Manager-Shareholder Congruence pp. 1027-1054

Mathias Dewatripont and Jean Tirole

Short-Term versus Long-Term Interests: Capital Structure with Multiple Investors pp. 1055-1084

Erik Berglof and Ernst-Ludwig von Thadden

Incomplete Written Contracts: Undescribable States of Nature pp. 1085-1124

Luca Anderlini and Leonardo Felli

Subjective Performance Measures in Optimal Incentive Contracts pp. 1125-1156

George Baker, Robert Gibbons and Kevin J. Murphy

The Dynamics of Learning with Team Production: Implications for Task Assignment pp. 1157-1184

Margaret Meyer

The Management of Innovation pp. 1185-1209

Philippe Aghion and Jean Tirole

Internal versus External Capital Markets pp. 1211-1230

Robert H. Gertner, David S. Scharfstein and Jeremy C. Stein

Volume 109, issue 3, 1994

The Effect of Sibling Sex Composition on Women's Education and Earnings pp. 531-563

Kristin Butcher and Anne Case

Credit Conditions and the Cyclical Behavior of Inventories pp. 565-592

Anil Kashyap, Owen A. Lamont and Jeremy C. Stein

Output Fluctuations at the Plant Level pp. 593-624

Timothy Bresnahan and Valerie Ramey

Anatomy of Financial Distress: An Examination of Junk-Bond Issuers pp. 625-658

Paul Asquith, Robert Gertner and David Scharfstein

Uninsured Idiosyncratic Risk and Aggregate Saving pp. 659-684

S. Aiyagari

Are There Cultural Effects on Saving? Some Cross-Sectional Evidence pp. 685-699

Christopher Carroll, Byung-Kun Rhee and Changyong Rhee

Tax Incentives and the Decision to Purchase Health Insurance: Evidence from the Self-Employed pp. 701-733

Jonathan Gruber and James Poterba

Credibility of Policies Versus Credibility of Policymakers pp. 735-754

Allan Drazen and Paul Masson

North-South Trade and the Environment pp. 755-787

Brian Copeland and M. Scott Taylor

Reassessing the Social Returns to Equipment Investment pp. 789-802

Alan Auerbach, Kevin Hassett and Stephen D. Oliner

Equipment Investment and Economic Growth: Reply pp. 803-807

J. Bradford De Long and Lawrence Summers

Volume 109, issue 2, 1994

Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms pp. 309-340

Mark Gertler and Simon Gilchrist

Living by the "Golden Rule": Multimarket Contact in the U. S. Airline Industry pp. 341-366

William Evans and Ioannis Kessides

Changes in the Demand for Skilled Labor within U. S. Manufacturing: Evidence from the Annual Survey of Manufactures pp. 367-397

Eli Berman, John Bound and Zvi Griliches

Why Bank Credit Policies Fluctuate: A Theory and Some Evidence pp. 399-441

Raghuram Rajan

Small Deviations from Maximizing Behavior in a Simple Dynamic Model pp. 443-464

Asher Wolinsky

Distributive Politics and Economic Growth pp. 465-490

Alberto Alesina and Dani Rodrik

Thy Neighbor's Keeper: The Design of a Credit Cooperative with Theory and a Test pp. 491-515

Abhijit Banerjee, Timothy Besley and Timothy Guinnane

An Indicator of Future Inflation Extracted from the Steepness of the Interest Rate Yield Curve Along Its Entire Length pp. 517-530

Jeffrey Frankel and Cara S. Lown

Volume 109, issue 1, 1994

Measuring the Cyclicality of Real Wages: How Important is Composition Bias? pp. 1-25

Gary Solon, Robert Barsky and Jonathan Parker

Employment-Based Health Insurance and Job Mobility: Is there Evidence of Job-Lock? pp. 27-54

Brigitte Madrian

The Saving of the Elderly in Micro and Macro Data pp. 55-81

David Weil

Saving, Growth, and Liquidity Constraints pp. 83-109

Tullio Jappelli and Marco Pagano

How does Future Income Affect Current Consumption? pp. 111-147

Christopher Carroll

Fiscal Paradise: Foreign Tax Havens and American Business pp. 149-182

James Hines and Eric M. Rice

Autonomy and Incentives in Chinese State Enterprises pp. 183-209

Theodore Groves, Yongmiao Hong, John McMillan and Barry Naughton

Litigation Settlement and Collusion pp. 211-239

Robert C. Marshall, Michael J. Meurer and Jean-Francois Richard

Permanent and Transitory Components of GNP and Stock Prices pp. 241-265

John Cochrane

The Effects of Labor Unions on Employment, Wages, and Days of Operation: Coal Mining in West Virginia pp. 267-298

William M. Boal and John Pencavel

The Stability of Economic Integration and Endogenous Growth pp. 299-305

Michael Devereux and Beverly Lapham

Economic Integration and Endogenous Growth: An Addendum pp. 307-308

Luis Rivera-Batiz and Paul Romer