The Review of Economic Studies

1933 - 2025

Current editor(s): Thomas Chaney, Xavier d’Haultfoeuille, Andrea Galeotti, Bård Harstad, Nir Jaimovich, Katrine Loken, Elias Papaioannou, Vincent Sterk and Noam Yuchtman

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Volume 87, issue 6, 2020

Approximate Random Allocation Mechanisms pp. 2473-2510

Mohammad Akbarpour and Afshin Nikzad

Human Capital Development and Parental Investment in India pp. 2511-2541

Orazio Attanasio, Costas Meghir and Emily Nix

Endogenous Agency Problems and the Dynamics of Rents pp. 2542-2567

Bruno Biais and Augustin Landier

The Political Economy of Debt and Entitlements pp. 2568-2599

Laurent Bouton, Alessandro Lizzeri and Nicola Persico

Policy Inertia, Election Uncertainty, and Incumbency Disadvantage of Political Parties pp. 2600-2638

Satyajit Chatterjee and Burcu Eyigungor

Firm Response to Competitive Shocks: Evidence from China’s Minimum Wage Policy pp. 2639-2671

Harald Hau, Yi Huang and Gewei Wang

Mergers, Innovation, and Entry-Exit Dynamics: Consolidation of the Hard Disk Drive Industry, 1996–2016 pp. 2672-2702

Mitsuru Igami and Kosuke Uetake

Long-Run Effects of Lottery Wealth on Psychological Well-Being pp. 2703-2726

Erik Lindqvist, Robert Östling and David Cesarini

Crime is Terribly Revealing: Information Technology and Police Productivity pp. 2727-2753

Giovanni Mastrobuoni

U.S. Monetary Policy and the Global Financial Cycle pp. 2754-2776

Silvia Miranda-Agrippino and Helene Rey

Top of the Class: The Importance of Ordinal Rank pp. 2777-2826

Richard Murphy and Felix Weinhardt

Externalities and Benefit Design in Health Insurance pp. 2827-2858

Amanda Starc and Robert J Town

The Union Threat pp. 2859-2892

Mathieu Taschereau-Dumouchel

Random Inspections and Periodic Reviews: Optimal Dynamic Monitoring pp. 2893-2937

Felipe Varas, Iván Marinovic and Andrzej Skrzypacz

Volume 87, issue 5, 2020

Measuring the Welfare Gains from Optimal Incentive Regulation pp. 2019-2048

Jose Miguel Abito

Money, Banking, and Financial Markets pp. 2049-2086

David Andolfatto, Aleksander Berentsen and Fernando Martin

Disease Control and Inequality Reduction: Evidence from a Tuberculosis Testing and Vaccination Campaign pp. 2087-2125

Aline Bütikofer and Kjell G Salvanes

The Production of Information in an Online World pp. 2126-2164

Julia Cagé, Nicolas Hervé and Marie-Luce Viaud

Commitment in Organizations and the Competition for Talent pp. 2165-2204

Thomas Cooley and Ramon Marimon

Diffusion of Being Pivotal and Immoral Outcomes pp. 2205-2229

Armin Falk, T Neuber and N Szech

The Exposure Problem and Market Design pp. 2230-2255

Jacob K Goeree and Luke Lindsay

Managerial Delegation, Law Enforcement, and Aggregate Productivity pp. 2256-2289

Jan Grobovsek

Child-Related Transfers, Household Labour Supply, and Welfare pp. 2290-2321

Nezih Guner, Remzi Kaygusuz and Gustavo Ventura

Teachers’ Pay for Performance in the Long-Run: The Dynamic Pattern of Treatment Effects on Students’ Educational and Labour Market Outcomes in Adulthood pp. 2322-2355

Victor Lavy

Ambiguous Policy Announcements pp. 2356-2398

Claudio Michelacci and Luigi Paciello

Measuring “Schmeduling” pp. 2399-2438

Alex Rees-Jones and Dmitry Taubinsky

A Bias Bound Approach to Non-parametric Inference pp. 2439-2472

Susanne Schennach

Volume 87, issue 4, 2020

Population and Conflict pp. 1565-1604

Daron Acemoglu, Leopoldo Fergusson and Simon Johnson

Exchange Rate Policies at the Zero Lower Bound pp. 1605-1645

Manuel Amador, Javier Bianchi, Luigi Bocola and Fabrizio Perri

Vintage-Specific Driving Restrictions pp. 1646-1682

Nano Barahona, Francisco Gallego and Juan-Pablo Montero

Poor Little Rich Kids? The Role of Nature versus Nurture in Wealth and Other Economic Outcomes and Behaviours pp. 1683-1725

Sandra Black, Paul Devereux, Petter Lundborg and Kaveh Majlesi

A Quantitative Theory of Political Transitions pp. 1726-1756

Lukas Buchheim and Robert Ulbricht

The Cost of Job Loss pp. 1757-1798

Kenneth Burdett, Carlos Carrillo-Tudela and Melvyn Coles

Aging in Place, Housing Maintenance, and Reverse Mortgages pp. 1799-1836

João F Cocco and Paula Lopes

(Il)legal Assignments in School Choice pp. 1837-1875

Lars Ehlers and Thayer Morrill

Unemployment Fluctuations, Match Quality, and the Wage Cyclicality of New Hires pp. 1876-1914

Mark Gertler, Christopher Huckfeldt and Antonella Trigari

Identification and Estimation in Non-Fundamental Structural VARMA Models pp. 1915-1953

Christian Gouriéroux, Alain Monfort and Jean-Paul Renne

Dynamic Inconsistency in Food Choice: Experimental Evidence from Two Food Deserts pp. 1954-1988

Sally Sadoff, Anya Samek and Charles Sprenger

Knowledge Spillovers through Networks of Scientists pp. 1989-2018

Paolo Zacchia

Volume 87, issue 3, 2020

Pairwise Kidney Exchange over the Blood Group Barrier pp. 1091-1133

Tommy Andersson and Jörgen Kratz

Competing Teams pp. 1134-1173

Hector Chade and Jan Eeckhout

International Financial Integration and Crisis Contagion pp. 1174-1212

Michael Devereux and Changhua Yu

Labour Market Frictions, Firm Growth, and International Trade pp. 1213-1260

Pablo D Fajgelbaum

Rank Effects in Bargaining: Evidence from Government Formation pp. 1261-1295

Thomas Fujiwara and Carlos Sanz

The Pecking Order of Segmentation and Liquidity-Injection Policies in a Model of Contagious Crises pp. 1296-1330

Alexander Guembel and Oren Sussman

How Do Foreclosures Exacerbate Housing Downturns? pp. 1331-1364

Adam Guren and Timothy J McQuade

National Industry Trade Shocks, Local Labour Markets, and Agglomeration Spillovers pp. 1399-1431

Ines Helm

Frictional Intermediation in Over-the-Counter Markets pp. 1432-1469

Julien Hugonnier, Benjamin Lester and Pierre-Olivier Weill

Macroprudential Regulation versus mopping up after the crash pp. 1470-1497

Olivier Jeanne and Anton Korinek

How Quantitative Easing Works: Evidence on the Refinancing Channel pp. 1498-1528

Marco Di Maggio, Amir Kermani and Christopher J Palmer

Does Advertising Serve as a Signal? Evidence from a Field Experiment in Mobile Search pp. 1529-1564

Navdeep S Sahni and Harikesh Nair

Volume 87, issue 2, 2020

Weak States: Causes and Consequences of the Sicilian Mafia pp. 537-581

Daron Acemoglu, Giuseppe De Feo and Giacomo De Luca

Identification and Estimation of Dynamic Games When Players’ Beliefs Are Not in Equilibrium pp. 582-625

Victor Aguirregabiria and Arvind Magesan

The Glittering Prizes: Career Incentives and Bureaucrat Performance pp. 626-655

Marianne Bertrand, Robin Burgess, Arunish Chawla and Guo Xu

Estimating the Elasticity of Intertemporal Substitution Using Mortgage Notches pp. 656-690

Michael Best, James Cloyne, Ethan Ilzetzki and Henrik J Kleven

Frictional Goods Markets: Theory and Applications pp. 691-720

Zachary Bethune, Michael Choi and Randall Wright

The Contingent Effect of Management Practices pp. 721-749

Steven Blader, Claudine Gartenberg and Andrea Prat

Consumer Scores and Price Discrimination pp. 750-791

Alessandro Bonatti and Gonzalo Cisternas

Long-Term Impacts of Childhood Medicaid Expansions on Outcomes in Adulthood pp. 792-821

David W Brown, Amanda Kowalski and Ithai Z Lurie

Salience, Myopia, and Complex Dynamic Incentives: Evidence from Medicare Part D pp. 822-869

Christina Dalton, Gautam Gowrisankaran and Robert J Town

Using Elasticities to Derive Optimal Bankruptcy Exemptions pp. 870-913

Eduardo Davila

Regulating Household Leverage pp. 914-958

Anthony DeFusco, Stephanie Johnson and John Mondragon

Public Goods Institutions, Human Capital, and Growth: Evidence from German History pp. 959-996

Jeremiah E Dittmar and Ralf R Meisenzahl

Manipulated Electorates and Information Aggregation pp. 997-1033

Mehmet Ekmekci and Stephan Lauermann

Optimal Bank Regulation and Fiscal Capacity pp. 1034-1089

Vania Stavrakeva

Volume 87, issue 1, 2020

Optimal Dynamic Carbon Taxes in a Climate–Economy Model with Distortionary Fiscal Policy pp. 1-39

Lint Barrage

Uncertainty Shocks as Second-Moment News Shocks pp. 40-76

David Berger, Ian Dew-Becker and Stefano Giglio

The New Keynesian Transmission Mechanism: A Heterogeneous-Agent Perspective pp. 77-101

Tobias Broer, Niels-Jakob Harbo Hansen, Per Krusell and Erik Öberg

Monetary Policy when Households have Debt: New Evidence on the Transmission Mechanism pp. 102-129

James Cloyne, Clodomiro Ferreira Mayorga and Paolo Surico

Consumption Network Effects pp. 130-163

Giacomo De Giorgi, Anders Frederiksen and Luigi Pistaferri

The Development Effects of the Extractive Colonial Economy: The Dutch Cultivation System in Java pp. 164-203

Melissa Dell and Benjamin Olken

Backlash: The Unintended Effects of Language Prohibition in U.S. Schools after World War I pp. 204-239

Vasiliki Fouka

A Macroeconomic Model with Financial Panics pp. 240-288

Mark Gertler, Nobuhiro Kiyotaki and Andrea Prestipino

Middleman Minorities and Ethnic Violence: Anti-Jewish Pogroms in the Russian Empire pp. 289-342

Irena Grosfeld, Seyhun Orcan Sakalli and Ekaterina Zhuravskaya

External Validity in a Stochastic World: Evidence from Low-Income Countries pp. 343-381

Mark Rosenzweig and Christopher Udry

Immigrants and the Making of America pp. 382-419

Sandra Sequeira, Nathan Nunn and Nancy Qian

Coarse Pricing Policies pp. 420-453

Luminita Stevens

Gifts of the Immigrants, Woes of the Natives: Lessons from the Age of Mass Migration pp. 454-486

Marco Tabellini

Optimality of Debt under Flexible Information Acquisition pp. 487-536

Ming Yang