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 136, issue 4, 2021

Folklore pp. 1993-2046

Stelios Michalopoulos and Melanie Meng Xue

Concessions, Violence, and Indirect Rule: Evidence from the Congo Free State* pp. 2047-2091

Sara Lowes and Eduardo Montero

The Long-Run Impact of the Dissolution of the English Monasteries* pp. 2093-2145

Leander Heldring, James A Robinson and Sebastian Vollmer

Building Social Cohesion in Ethnically Mixed Schools: An Intervention on Perspective Taking* pp. 2147-2194

Sule Alan, Ceren Baysan, Mert Gumren and Elif Kubilay

The Allocation of Authority in Organizations: A Field Experiment with Bureaucrats* pp. 2195-2242

Oriana Bandiera, Michael Best, Adnan Qadir Khan and Andrea Prat

Indebted Demand* pp. 2243-2307

Atif Mian, Ludwig Straub and Amir Sufi

Understanding Tax Policy: How do People Reason?* pp. 2309-2369

Stefanie Stantcheva

Identity, Beliefs, and Political Conflict* pp. 2371-2411

Giampaolo Bonomi, Nicola Gennaioli and Guido Tabellini

Hall of Mirrors: Corporate Philanthropy and Strategic Advocacy* pp. 2413-2465

Marianne Bertrand, Matilde Bombardini, Raymond Fisman, Brad Hackinen and Francesco Trebbi

Managing Expectations: Instruments Versus Targets* pp. 2467-2532

George-Marios Angeletos and Karthik A Sastry

3G Internet and Confidence in Government* pp. 2533-2613

Sergei Guriev, Nikita Melnikov and Ekaterina Zhuravskaya

Strict Id Laws Don’t Stop Voters: Evidence from a U.S. Nationwide Panel, 2008–2018* pp. 2615-2660

Enrico Cantoni and Vincent Pons

Volume 136, issue 3, 2021

Unions and Inequality over the Twentieth Century: New Evidence from Survey Data* pp. 1325-1385

Henry S Farber, Daniel Herbst, Ilyana Kuziemko and Suresh Naidu

Do You Know that I Know that You Know…? Higher-Order Beliefs in Survey Data* pp. 1387-1446

Olivier Coibion, Yuriy Gorodnichenko, Saten Kumar and Jane Ryngaert

Measuring the Equilibrium Impacts of Credit: Evidence from the Indian Microfinance Crisis* pp. 1447-1497

Emily Breza and Cynthia Kinnan

Redrawing the Map of Global Capital Flows: The Role of Cross-Border Financing and Tax Havens* pp. 1499-1556

Antonio Coppola, Matteo Maggiori, Brent Neiman and Jesse Schreger

Mortality Effects and Choice Across Private Health Insurance Plans* pp. 1557-1610

Jason Abaluck, Mauricio Caceres Bravo, Peter Hull and Amanda Starc

What do Consumers Consider Before They Choose? Identification from Asymmetric Demand Responses* pp. 1611-1663

Jason Abaluck and Abi Adams-Prassl

Ownership, Learning, and Beliefs* pp. 1665-1717

Samuel M Hartzmark, Samuel Hirshman and Alex Imas

Rate-Amplifying Demand and the Excess Sensitivity of Long-Term Rates* pp. 1719-1781

Samuel G Hanson, David O Lucca and Jonathan Wright

Medicaid and Mortality: New Evidence From Linked Survey and Administrative Data* pp. 1783-1829

Sarah Miller, Norman Johnson and Laura Wherry

O Brother, Where Start Thou? Sibling Spillovers on College and Major Choice in Four Countries* pp. 1831-1886

Adam Altmejd, Andres Barrios-Fernández, Marin Drlje, Joshua Goodman, Michael Hurwitz, Dejan Kovac, Christine Mulhern, Christopher Neilson and Jonathan Smith

The Economic Consequences of Increasing Sleep Among the Urban Poor* pp. 1887-1941

Pedro Bessone, Gautam Rao, Frank Schilbach, Heather Schofield and Mattie Toma

The Effects of Foreign Multinationals on Workers and Firms in the United States* pp. 1943-1991

Bradley Setzler and Felix Tintelnot

Volume 136, issue 2, 2021

Labor in the Boardroom* pp. 669-725

Simon Jäger, Benjamin Schoefer and Jörg Heining

Sweat Equity in U.S. Private Business* pp. 727-781

Anmol Bhandari and Ellen R McGrattan

Banking, Trade, and the Making of a Dominant Currency* pp. 783-830

Gita Gopinath and Jeremy C Stein

The Environmental Bias of Trade Policy* pp. 831-886

Joseph Shapiro

Unemployment Insurance and Job Search Behavior* pp. 887-931

Ioana Marinescu and Daphné Skandalis

Belief Movement, Uncertainty Reduction, and Rational Updating* pp. 933-985

Ned Augenblick and Matthew Rabin

Does Integration Change Gender Attitudes? The Effect of Randomly Assigning Women to Traditionally Male Teams* pp. 987-1030

Gordon Dahl, Andreas Kotsadam and Dan-Olof Rooth

The Micro-Level Anatomy of the Labor Share Decline* pp. 1031-1087

Matthias Kehrig and Nicolas Vincent

Competition and Relational Contracts in the Rwanda Coffee Chain* pp. 1089-1143

Rocco Macchiavello and Ameet Morjaria

Building Resilient Health Systems: Experimental Evidence from Sierra Leone and The 2014 Ebola Outbreak* pp. 1145-1198

Darin Christensen, Oeindrila Dube, Johannes Haushofer, Bilal Siddiqi and Maarten Voors

Who Gets a Second Chance? Effectiveness and Equity in Supervision of Criminal Offenders* pp. 1199-1253

Evan K Rose

Supply Chain Disruptions: Evidence from the Great East Japan Earthquake* pp. 1255-1321

Vasco Carvalho, Makoto Nirei, Yukiko Saito and Alireza Tahbaz-Salehi

Volume 136, issue 1, 2021

Health Insurance and Mortality: Experimental Evidence from Taxpayer Outreach pp. 1-49

Jacob Goldin, Ithai Z Lurie and Janet McCubbin

Banking Crises Without Panics* pp. 51-113

Matthew Baron, Emil Verner and Wei Xiong

The Effects of Police Violence on Inner-City Students* pp. 115-168

Desmond Ang

Minimum Wages and Racial Inequality* pp. 169-228

Ellora Derenoncourt and Claire Montialoux

Anatomy of Corporate Borrowing Constraints* pp. 229-291

Chen Lian and Yueran Ma

Randomizing Religion: the Impact of Protestant Evangelism on Economic Outcomes* pp. 293-380

Gharad Bryan, James Choi and Dean Karlan

Gender Differences in Job Search: Trading off Commute against Wage* pp. 381-426

Thomas Le Barbanchon, Roland Rathelot and Alexandra Roulet

Crimes Against Morality: Unintended Consequences of Criminalizing Sex Work* pp. 427-469

Lisa Cameron, Jennifer Seager and Manisha Shah

The Use and Misuse of Coordinated Punishments* pp. 471-504

Daniel Barron and Yingni Guo

Capital Obsolescence and Agricultural Productivity* pp. 505-561

Julieta Caunedo and Elisa Keller

The Effect of the Credit Crunch on Output Price Dynamics: The Corporate Inventory and Liquidity Management Channel* pp. 563-619

Ryan Kim

Rational Groupthink* pp. 621-668

Matan Harel, Elchanan Mossel, Philipp Strack and Omer Tamuz

Volume 135, issue 4, 2020

God Insures those Who Pay? Formal Insurance and Religious Offerings in Ghana* pp. 1799-1848

Emmanuelle Auriol, Julie Lassébie, Amma Panin, Eva Raiber and Paul Seabright

The Participation Dividend of Taxation: How Citizens in Congo Engage More with the State When it Tries to Tax Them* pp. 1849-1903

Jonathan L Weigel

Wages and the Value of Nonemployment* pp. 1905-1963

Simon Jäger, Benjamin Schoefer, Samuel Young and Josef Zweimüller

Earnings Dynamics, Changing Job Skills, and STEM Careers* pp. 1965-2005

David Deming and Kadeem Noray

Misallocation in the Market for Inputs: Enforcement and the Organization of Production* pp. 2007-2058

Johannes Boehm and Ezra Oberfield

The Making of the Modern Metropolis: Evidence from London* pp. 2059-2133

Stephan Heblich, Stephen Redding and Daniel M Sturm

Watering Down Environmental Regulation in China* pp. 2135-2185

Guojun He, Shaoda Wang and Bing Zhang

Distortions in Production Networks* pp. 2187-2253

Saki Bigio and Jennifer La’O

Identifying Modern Macro Equations with Old Shocks* pp. 2255-2298

Régis Barnichon and Geert Mesters

Quantifying the Gap Between Equilibrium and Optimum under Monopolistic Competition* pp. 2299-2360

Kristian Behrens, Giordano Mion, Yasusada Murata and Jens Suedekum

Volume 135, issue 3, 2020

A Unified Welfare Analysis of Government Policies* pp. 1209-1318

Nathaniel Hendren and Ben Sprung-Keyser

Sequential Bargaining in the Field: Evidence from Millions of Online Bargaining Interactions* pp. 1319-1361

Matthew Backus, Thomas Blakee, Bradley Larsen and Steven Tadelis

What You See Is All There Is* pp. 1363-1398

Benjamin Enke

Memory, Attention, and Choice* pp. 1399-1442

Pedro Bordalo, Nicola Gennaioli and Andrei Shleifer

Financial Market Risk Perceptions and the Macroeconomy* pp. 1443-1491

Carolin Pflueger, Emil Siriwardane and Adi Sunderam

A Risk-Centric Model of Demand Recessions and Speculation* pp. 1493-1566

Ricardo Caballero and Alp Simsek

Income Segregation and Intergenerational Mobility Across Colleges in the United States* pp. 1567-1633

Raj Chetty, John Friedman, Emmanuel Saez, Nicholas Turner and Danny Yagan

Workplace Knowledge Flows* pp. 1635-1680

Jason J Sandvik, Richard Saouma, Nathan Seegert and Christopher T Stanton

Rational Inattention, Competitive Supply, and Psychometrics* pp. 1681-1724

Andrew Caplin, Dániel CsabaQuantCo, John Leahy and Oded Nov

Optimal Timing of Policy Announcements in Dynamic Election Campaigns* pp. 1725-1797

Yuichiro Kamada and Takuo Sugaya

Volume 135, issue 2, 2020

The Rise of Market Power and the Macroeconomic Implications* (Econometric Tools for Analyzing Market Outcomes) pp. 561-644

Jan De Loecker, Jan Eeckhout and Gabriel Unger

The Fall of the Labor Share and the Rise of Superstar Firms* (Automation and New Tasks: How Technology Displaces and Reinstates Labor) pp. 645-709

David Autor, David Dorn, Lawrence Katz, Christina Patterson and John van Reenen

Race and Economic Opportunity in the United States: an Intergenerational Perspective* (Intergenerational Mobility of Immigrants in the US Over Two Centuries) pp. 711-783

Raj Chetty, Nathaniel Hendren, Maggie R Jones and Sonya R Porter

Identifying Sources of Inefficiency in Healthcare* (The Determinants of Productivity in Medical Testing: Intensity and Allocation of Care) pp. 785-843

Amitabh Chandra and Doug Staiger

The Institutional Foundations of Religious Politics: Evidence from Indonesia* (The Classical Islamic Law of Waqf: A Concise Introduction) pp. 845-911

Samuel Bazzi, Gabriel Koehler-Derrick and Benjamin Marx

Combining Life and Health Insurance* (Market Size in Innovation: Theory and Evidence from the Pharmaceutical Industry) pp. 913-958

Ralph S J Koijen and Stijn Van Nieuwerburgh

Optimal Spatial Policies, Geography, and Sorting* (Theories of Systems of Cities) pp. 959-1036

Pablo D Fajgelbaum and Cecile Gaubert

Capital Accumulation and Structural Transformation* (Capital Deepening and Nonbalanced Economic Growth) pp. 1037-1094

Paula Bustos, Gabriel Garber and Jacopo Ponticelli

Negotiating a Better Future: How Interpersonal Skills Facilitate Intergenerational Investment* (Ever Failed, Try Again, Succeed Better: Results from a Randomized Educational Intervention on Grit) pp. 1095-1151

Nava Ashraf, NatalieBau, Corinne Low and Kathleen McGinn

Choice Simplification: A Theory of Mental Budgeting and Naive Diversification* (Fungibility, Labels, and Consumption) pp. 1153-1207

Botond Koszegi and Filip Matejka

Volume 135, issue 1, 2020

The Return to Protectionism pp. 1-55

Pablo D Fajgelbaum, Pinelopi Goldberg, Patrick J Kennedy and Amit Khandelwal

Cash and the Economy: Evidence from India’s Demonetization pp. 57-103

Gabriel Chodorow-Reich, Gita Gopinath, Prachi Mishra and Abhinav Narayanan

Productivity and Misallocation in General Equilibrium pp. 105-163

David Baqaee and Emmanuel Farhi

Inflation Expectations and Firm Decisions: New Causal Evidence pp. 165-219

Olivier Coibion, Yuriy Gorodnichenko and Tiziano Ropele

How Acquisitions Affect Firm Behavior and Performance: Evidence from the Dialysis Industry pp. 221-267

Paul J Eliason, Benjamin Heebsh, Ryan McDevitt and James W Roberts

Are Referees and Editors in Economics Gender Neutral? pp. 269-327

David Card, Stefano DellaVigna, Patricia Funk and Nagore Iriberri

Wealth Taxation and Wealth Accumulation: Theory and Evidence From Denmark pp. 329-388

Katrine Jakobsen, Kristian Jakobsen, Henrik Kleven and Gabriel Zucman

Complementary Information and Learning Traps pp. 389-448

Annie Liang and Xiaosheng Mu

Diversification Through Trade pp. 449-502

Francesco Caselli, Miklós Koren, Milan Lisicky and Silvana Tenreyro

Measuring Aggregate Price Indices with Taste Shocks: Theory and Evidence for CES Preferences pp. 503-560

Stephen Redding and David Weinstein