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 127, issue 4, 2012

Wages and Human Capital in the U.S. Finance Industry: 1909--2006 pp. 1551-1609

Thomas Philippon and Ariell Reshef

Dynamic Games with Asymmetric Information: A Framework for Empirical Work pp. 1611-1661

Chaim Fershtman and Ariel Pakes

The Organization of Firms Across Countries pp. 1663-1705

Nicholas Bloom and Raffaella Sadun

The Political Economy of Deforestation in the Tropics pp. 1707-1754

Robin Burgess, Matthew Hansen, Benjamin Olken, Peter Potapov and Stefanie Sieber

Reshaping Institutions: Evidence on Aid Impacts Using a Preanalysis Plan pp. 1755-1812

Katherine Casey, Rachel Glennerster and Edward Miguel

Organization and Information: Firms' Governance Choices in Rational-Expectations Equilibrium pp. 1813-1841

Robert Gibbons, Richard Holden and Michael Powell

Subgame-Perfect Implementation Under Information Perturbations pp. 1843-1881

Philippe Aghion, Drew Fudenberg, Richard Holden, Takashi Kunimoto and Olivier Tercieux

Hatred and Profits: Under the Hood of the Ku Klux Klan pp. 1883-1925

Roland G. Fryer and Steven Levitt

Reputation with Analogical Reasoning pp. 1927-1969

Philippe Jehiel and Larry Samuelson

Market Power Screens Willingness-to-Pay pp. 1971-2003

Eric Weyl and Jean Tirole

Volume 127, issue 3, 2012

The Oregon Health Insurance Experiment: Evidence from the First Year pp. 1057-1106

Amy Finkelstein, Sarah Taubman, Bill Wright, Mira Bernstein, Jonathan Gruber, Joseph Newhouse, Heidi Allen and Katherine Baicker

The Effects of Fiscal Stimulus: Evidence from the 2009 Cash for Clunkers Program pp. 1107-1142

Atif Mian and Amir Sufi

The Collapse of the Soviet Union and the Productivity of American Mathematicians pp. 1143-1203

George Borjas and Kirk Doran

The Role of Application Assistance and Information in College Decisions: Results from the H&R Block Fafsa Experiment pp. 1205-1242

Eric Bettinger, Bridget Long, Philip Oreopoulos and Lisa Sanbonmatsu

Salience Theory of Choice Under Risk pp. 1243-1285

Pedro Bordalo, Nicola Gennaioli and Andrei Shleifer

How Homophily Affects the Speed of Learning and Best-Response Dynamics pp. 1287-1338

Benjamin Golub and Matthew Jackson

Persecution Perpetuated: The Medieval Origins of Anti-Semitic Violence in Nazi Germany pp. 1339-1392

Nico Voigtländer and Hans-Joachim Voth

The Impact of Trade on Organization and Productivity pp. 1393-1467

Lorenzo Caliendo and Esteban Rossi-Hansberg

Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach pp. 1469-1513

Gauti Eggertsson and Paul Krugman

Capital Taxation During the U.S. Great Depression pp. 1515-1550

Ellen McGrattan

Volume 127, issue 2, 2012

Urbanization and Structural Transformation pp. 535-586

Guy Michaels, Ferdinand Rauch and Stephen Redding

Portage and Path Dependence pp. 587-644

Hoyt Bleakley and Jeffrey Lin

Variable Rare Disasters: An Exactly Solved Framework for Ten Puzzles in Macro-Finance pp. 645-700

Xavier Gabaix

The Effects of Extended Unemployment Insurance Over the Business Cycle: Evidence from Regression Discontinuity Estimates Over 20 Years pp. 701-752

Johannes Schmieder, Till von Wachter and Stefan Bender

Do Labor Market Opportunities Affect Young Women's Work and Family Decisions? Experimental Evidence from India pp. 753-792

Robert Jensen

The CMS Auction: Experimental Studies of a Median-Bid Procurement Auction with Nonbinding Bids pp. 793-827

Brian Merlob, Charles Plott and Yuanjun Zhang

How large is the Government Spending Multiplier? Evidence from World Bank Lending pp. 829-887

Aart Kraay

A General Equilibrium Model of Sovereign Default and Business Cycles pp. 889-946

Enrique Mendoza and Vivian Yue

The Political Economy of Indirect Control pp. 947-1015

Gerard Padró I Miquel and Pierre Yared

The Impact of Jury Race in Criminal Trials pp. 1017-1055

Shamena Anwar, Patrick Bayer and Randi Hjalmarsson

Volume 127, issue 1, 2012

Testing for Altruism and Social Pressure in Charitable Giving pp. 1-56

Stefano DellaVigna, John List and Ulrike Malmendier

Monetary Policy as Financial Stability Regulation pp. 57-95

Jeremy C. Stein

Price Competition Under Limited Comparability pp. 97-135

Michele Piccione and Ran Spiegler

The Changing of the Boards: The Impact on Firm Valuation of Mandated Female Board Representation pp. 137-197

Kenneth Ahern and Amy K. Dittmar

Comparison Friction: Experimental Evidence from Medicare Drug Plans pp. 199-235

Jeffrey Kling, Sendhil Mullainathan, Eldar Shafir, Lee C. Vermeulen and Marian V. Wrobel

Incentives and the De Soto Effect pp. 237-282

Timothy Besley, Konrad Burchardi and Maitreesh Ghatak

A Dynamic Theory of Resource Wars pp. 283-331

Daron Acemoglu, Mikhail Golosov, Aleh Tsyvinski and Pierre Yared

Long-Run Impacts of Unions on Firms: New Evidence from Financial Markets, 1961--1999 pp. 333-378

David S. Lee and Alexandre Mas

Export Prices Across Firms and Destinations pp. 379-436

Kalina Manova and Zhiwei Zhang

How do Different Exporters React to Exchange Rate Changes? pp. 437-492

Nicolas Berman, Philippe Martin and Thierry Mayer

Earnings Determination and Taxes: Evidence From a Cohort-Based Payroll Tax Reform in Greece pp. 493-533

Emmanuel Saez, Manos Matsaganis and Panos Tsakloglou

Volume 126, issue 4, 2011

How Does Your Kindergarten Classroom Affect Your Earnings? Evidence from Project Star pp. 1593-1660

Raj Chetty, John Friedman, Nathaniel Hilger, Emmanuel Saez, Diane Schanzenbach and Danny Yagan

Self-Enforcing Democracy pp. 1661-1708

James Fearon

Cash or Condition? Evidence from a Cash Transfer Experiment pp. 1709-1753

Sarah Baird, Craig McIntosh and Berk Özler

Financial Incentives and Student Achievement: Evidence from Randomized Trials pp. 1755-1798

Roland G. Fryer

Ideological Segregation Online and Offline pp. 1799-1839

Matthew Gentzkow and Jesse M. Shapiro

Exports and Financial Shocks pp. 1841-1877

Mary Amiti and David Weinstein

Expectations as Endowments: Evidence on Reference-Dependent Preferences from Exchange and Valuation Experiments pp. 1879-1907

Keith Ericson and Andreas Fuster

Optimal Price Setting With Observation and Menu Costs pp. 1909-1960

Fernando E. Alvarez, Francesco Lippi and Luigi Paciello

Learning by Drilling: Interfirm Learning and Relationship Persistence in the Texas Oilpatch pp. 1961-2004

Ryan Kellogg

The Geographic Concentration of Enterprise in Developing Countries pp. 2005-2061

John S. Felkner and Robert Townsend

Better Schools, Less Crime? pp. 2063-2115

David Deming

Saving Babies? Revisiting the effect of very low birth weight classification pp. 2117-2123

Alan Barreca, Melanie Guldi, Jason Lindo and Glen R. Waddell

The Role of Hospital Heterogeneity in Measuring Marginal Returns to Medical Care: A Reply to Barreca, Guldi, Lindo, and Waddell pp. 2125-2131

Douglas Almond, Joseph J. Doyle, Amanda Kowalski and Heidi Williams

Volume 126, issue 3, 2011

On the Long-Run Evolution of Inheritance: France 1820--2050 pp. 1071-1131

Thomas Piketty

Information Technology and Economic Change: The Impact of The Printing Press pp. 1133-1172

Jeremiah E. Dittmar

Procurement Contracting With Time Incentives: Theory and Evidence pp. 1173-1211

Gregory Lewis and Patrick Bajari

Position Auctions with Consumer Search pp. 1213-1270

Susan Athey and Glenn Ellison

Multiproduct Firms and Trade Liberalization pp. 1271-1318

Andrew Bernard, Stephen Redding and Peter K. Schott

Intermediated Trade pp. 1319-1374

Pol Antras and Arnaud Costinot

Coups, Corporations, and Classified Information pp. 1375-1409

Arindrajit Dube, Ethan Kaplan and Suresh Naidu

The Logic of Political Violence pp. 1411-1445

Timothy Besley and Torsten Persson

Judicial Ingroup Bias in the Shadow of Terrorism pp. 1447-1484

Moses Shayo and Asaf Zussman

Why Do Mothers Breastfeed Girls Less than Boys? Evidence and Implications for Child Health in India pp. 1485-1538

Seema Jayachandran and Ilyana Kuziemko

Competition and Product Quality in the Supermarket Industry pp. 1539-1591

David A. Matsa

Volume 126, issue 2, 2011

Fear of Fire Sales, Illiquidity Seeking, and Credit Freezes pp. 557-591

Douglas Diamond and Raghuram Rajan

The Potato's Contribution to Population and Urbanization: Evidence From A Historical Experiment pp. 593-650

Nathan Nunn and Nancy Qian

Growth in the Shadow of Expropriation pp. 651-697

Mark Aguiar and Manuel Amador

Accountability and Flexibility in Public Schools: Evidence from Boston's Charters And Pilots pp. 699-748

Atila Abdulkadiroğlu, Joshua Angrist, Susan Dynarski, Thomas J. Kane and Parag Pathak

Adjustment Costs, Firm Responses, and Micro vs. Macro Labor Supply Elasticities: Evidence from Danish Tax Records pp. 749-804

Raj Chetty, John Friedman, Tore Olsen and Luigi Pistaferri

Identity, Morals, and Taboos: Beliefs as Assets pp. 805-855

Roland Benabou and Jean Tirole

Learning Self-Control pp. 857-893

S. Nageeb Ali

Social Structure and Development: A Legacy of the Holocaust in Russia pp. 895-946

Daron Acemoglu, Tarek A. Hassan and James Robinson

Legislative Bargaining with Reconsideration pp. 947-985

Daniel Diermeier and Pohan Fong

Home Computer Use and the Development of Human Capital pp. 987-1027

Ofer Malamud and Cristian Pop-Eleches

Immigration, Skill Mix, and Capital Skill Complementarity pp. 1029-1069

Ethan Lewis

Volume 126, issue 1, 2011

Identifying Government Spending Shocks: It's all in the Timing pp. 1-50

Valerie Ramey

Macroeconomic Effects From Government Purchases and Taxes pp. 51-102

Robert Barro and Charles J. Redlick

Family Violence and Football: The Effect of Unexpected Emotional Cues on Violent Behavior pp. 103-143

David Card and Gordon Dahl

Spring Cleaning: Rural Water Impacts, Valuation, and Property Rights Institutions pp. 145-205

Michael Kremer, Jessica Leino, Edward Miguel and Alix Peterson Zwane

Comparing open and Sealed Bid Auctions: Evidence from Timber Auctions pp. 207-257

Susan Athey, Jonathan Levin and Enrique Seira

Outside and Inside Liquidity pp. 259-321

Patrick Bolton, Tano Santos and Jose A. Scheinkman

Financial Contracting Under Imperfect Enforcement pp. 323-371

Tore Ellingsen and Eirik Kristiansen

Depression Babies: Do Macroeconomic Experiences Affect Risk Taking? pp. 373-416

Ulrike Malmendier and Stefan Nagel

Estimating Cross-Country Differences in Product Quality pp. 417-474

Juan Carlos Hallak and Peter K. Schott

The Role of Dispute Settlement Procedures in International Trade Agreements pp. 475-515

Giovanni Maggi and Robert W. Staiger

The Real Costs of Credit Access: Evidence from the Payday Lending Market pp. 517-555

Brian Melzer