The Quarterly Journal of Economics

1886 - 2025

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

From President and Fellows of Harvard College
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Volume 128, issue 4, 2013

Fungibility and Consumer Choice: Evidence from Commodity Price Shocks pp. 1449-1498

Jesse Shapiro

Truth-telling by Third-party Auditors and the Response of Polluting Firms: Experimental Evidence from India pp. 1499-1545

Esther Duflo, Michael Greenstone and Nicholas Ryan

Managerial Miscalibration pp. 1547-1584

Itzhak Ben-David and John R. Graham

Matching with Couples: Stability and Incentives in Large Markets pp. 1585-1632

Parag Pathak and Alvin Roth

Do Political Protests Matter? Evidence from the Tea Party Movement pp. 1633-1685

Andreas Madestam, Daniel Shoag, Stan Veuger and David Yanagizawa-Drott

Household Balance Sheets, Consumption, and the Economic Slump pp. 1687-1726

Atif Mian, Kamalesh Rao and Amir Sufi

Inequality, the Urban-Rural Gap, and Migration pp. 1727-1785

Alwyn Young

The Transitional Costs of Sectoral Reallocation: Evidence From the Clean Air Act and the Workforce pp. 1787-1835

Reed Walker

Do terms-of-trade effects matter for trade agreements? Theory and evidence from WTO Countries pp. 1837-1893

Rodney Ludema and Anna Maria Mayda

External Economies and International Trade Redux: Comment pp. 1895-1905

Andres Rodriguez-Clare

Volume 128, issue 3, 2013

Workplace Heterogeneity and the Rise of West German Wage Inequality pp. 967-1015

David Card, Jörg Heining and Patrick Kline

Marriage Institutions and Sibling Competition: Evidence from South Asia pp. 1017-1072

Tom S. Vogl

How Safe Are Money Market Funds? pp. 1073-1122

Marcin Kacperczyk and Philipp Schnabl

Duration Dependence and Labor Market Conditions: Evidence from a Field Experiment pp. 1123-1167

Kory Kroft, Fabian Lange and Matthew Notowidigdo

Strengthening State Capabilities: The Role of Financial Incentives in the Call to Public Service pp. 1169-1218

Ernesto Dal Bó, Frederico Finan and Martín Rossi

The Economic Impact of Social Ties: Evidence from German Reunification pp. 1219-1271

Konrad Burchardi and Tarek Hassan

Rules with Discretion and Local Information pp. 1273-1320

T. Renee Bowen, David Kreps and Andrzej Skrzypacz

The Missing Wealth of Nations: Are Europe and the U.S. net Debtors or net Creditors? pp. 1321-1364

Gabriel Zucman

Speculation and Risk Sharing with New Financial Assets pp. 1365-1396

Alp Simsek

The Emergence of Political Accountability pp. 1397-1448

Chris Bidner and Patrick Francois

Volume 128, issue 2, 2013

On the Origins of Gender Roles: Women and the Plough pp. 469-530

Alberto Alesina, Paola Giuliano and Nathan Nunn

Do Labor Market Policies have Displacement Effects? Evidence from a Clustered Randomized Experiment pp. 531-580

Bruno Crépon, Esther Duflo, Marc Gurgand, Roland Rathelot and Philippe Zamora

The Establishment-Level Behavior of Vacancies and Hiring pp. 581-622

Steven Davis, Jason Faberman and John Haltiwanger

Redistributive Taxation in the Roy Model pp. 623-668

Casey Rothschild and Florian Scheuer

Using Notches to Uncover Optimization Frictions and Structural Elasticities: Theory and Evidence from Pakistan pp. 669-723

Henrik J. Kleven and Mazhar Waseem

A Price Theory of Vertical and Lateral Integration pp. 725-770

Patrick Legros and Andrew Newman

A Political Theory of Populism pp. 771-805

Georgy Egorov and Konstantin Sonin

Monopolizing Violence and Consolidating Power pp. 807-859

Robert Powell

Proximity and Investment: Evidence from Plant-Level Data pp. 861-915

Xavier Giroud

Cooperation in Strategic Games Revisited pp. 917-966

Adam Kalai and Ehud Kalai

Volume 128, issue 1, 2013

Does Management Matter? Evidence from India pp. 1-51

Nicholas Bloom, Benn Eifert, Aprajit Mahajan, David McKenzie and John Roberts

A Model of Focusing in Economic Choice pp. 53-104

Botond Koszegi and Adam Szeidl

Human Capital and Regional Development pp. 105-164

Nicola Gennaioli, Rafael La Porta, Florencio Lopez-de-Silanes and Andrei Shleifer

Unconditional Convergence in Manufacturing pp. 165-204

Dani Rodrik

Instantaneous Gratification pp. 205-248

Christopher Harris and David Laibson

Long-Term Effects of Class Size pp. 249-285

Peter Fredriksson, Björn Öckert and Hessel Oosterbeek

Gender Discrimination in Job Ads: Evidence from China pp. 287-336

Peter Kuhn and Kailing Shen

Veiling pp. 337-370

Jean-Paul Carvalho

How should inmates be released from prison? An assessment of parole versus fixed-sentence regimes pp. 371-424

Ilyana Kuziemko

A Revealed Preference Ranking of U.S. Colleges and Universities pp. 425-467

Christopher N. Avery, Mark E. Glickman, Caroline Hoxby and Andrew Metrick

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