The Review of Economics and Statistics

1969 - 2025

Current editor(s): Pierre Azoulay, Olivier Coibion, Will Dobbie, Raymond Fisman, Benjamin R. Handel, Brian A. Jacob, Kareen Rozen, Xiaoxia Shi, Tavneet Suri and Yi Xu

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Volume 95, issue 5, 2013

Estimating Measurement Error in Annual Job Earnings: A Comparison of Survey and Administrative Data pp. 1451-1467

John Abowd and Martha H. Stinson

The Evolution of the Black-White Test Score Gap in Grades K–3: The Fragility of Results pp. 1468-1479

Timothy Bond and Kevin Lang

Relative Status and Well-Being: Evidence from U.S. Suicide Deaths pp. 1480-1500

Mary C. Daly, Daniel Wilson and Norman J. Johnson

Credit Spreads as Predictors of Real-Time Economic Activity: A Bayesian Model-Averaging Approach pp. 1501-1519

Jon Faust, Simon Gilchrist, Jonathan Wright and Egon Zakrajšsek

Sex Ratios and Crime: Evidence from China pp. 1520-1534

Lena Edlund, Hongbin Li, Junjian Yi and Junsen Zhang

Inequality and City Size pp. 1535-1548

Nathaniel Baum-Snow and Ronni Pavan

Catastrophic Natural Disasters and Economic Growth pp. 1549-1561

Eduardo Cavallo, Sebastian Galiani, Ilan Noy and Juan Pantano

Unexploited Gains From International Diversification: Patterns Of Portfolio Holdings Around The World pp. 1562-1583

Tatiana Didier, Roberto Rigobon and Sergio Schmukler

Evidence on the Accuracy of Merger Simulations pp. 1584-1600

Matthew C. Weinberg and Daniel Hosken

Strategic Decision-Making with Information and Extraction Externalities: A Structural Model of the MultiStage Investment Timing Game in Offshore Petroleum Production pp. 1601-1621

C.-Y. Cynthia Lin Lawell

Resource Extraction Contracts Under Threat of Expropriation: Theory and Evidence pp. 1622-1639

Johannes Stroebel and Arthur van Benthem

Distributing Pollution Rights in Cap-and-Trade Programs: Are Outcomes Independent of Allocation? pp. 1640-1652

Meredith Fowlie and Jeffrey Perloff

Competition and Innovation: The Inverted-U Relationship Revisited pp. 1653-1668

Aamir Hashmi

Is the Washington Consensus Dead? Growth, Openness, and the Great Liberalization, 1970s–2000s pp. 1669-1690

Antoni Estevadeordal and Alan Taylor

Comparing Treatments across Labor Markets: An Assessment of Nonexperimental Multiple-Treatment Strategies pp. 1691-1707

Carlos A. Flores and Oscar Mitnik

The Impact of Charitable Subsidies on Religious Giving and Attendance: Evidence from Panel Data pp. 1708-1721

Barış Yörük

Commodity Market Dynamics and the Joint Executive Committee, 1880–1886 pp. 1722-1739

Franco Mariuzzo and Patrick Walsh

Institutional Determinants of New Firm Entry in Russia: A Cross-Regional Analysis pp. 1740-1749

Randolph Bruno, Maria Bytchkova and Saul Estrin

Do Product Market Regulations In Upstream Sectors Curb Productivity Growth? Panel Data Evidence For OECD Countries pp. 1750-1768

Renaud Bourlès, Gilbert Cette, Jimmy Lopez, Jacques Mairesse and Giuseppe Nicoletti

Technical Change and The Commons pp. 1769-1787

Dale Squires and Niels Vestergaard

Do Crises Catalyze Creative Destruction? Firm-level Evidence from Indonesia pp. 1788-1810

Mary Hallward-Driemeier and Bob Rijkers

Dynamic Hierarchical Factor Model pp. 1811-1817

Emanuel Moench, Serena Ng and Simon Potter

Volume 95, issue 4, 2013

Income and Health Spending: Evidence from Oil Price Shocks pp. 1079-1095

Daron Acemoglu, Amy Finkelstein and Matthew Notowidigdo

Match Quality, Worker Productivity, and Worker Mobility: Direct Evidence from Teachers pp. 1096-1116

C. Kirabo Jackson

Can Self-Control Explain Avoiding Free Money? Evidence from Interest-Free Student Loans pp. 1117-1129

Brian Cadena and Benjamin Keys

Peer Effects and Multiple Equilibria in the Risky Behavior of Friends pp. 1130-1149

David Card and Laura Giuliano

Electricity Unit Value Prices and Purchase Quantities: U.S. Manufacturing Plants, 1963–2000 pp. 1150-1165

Steven Davis, Cheryl Grim, John Haltiwanger and Mary Streitwieser

Remittances Deteriorate Governance pp. 1166-1182

Faisal Z. Ahmed

House Price Fluctuations: The Role of Housing Wealth as Borrowing Collateral pp. 1183-1197

Daniel Cooper

Automakers' Short-Run Responses to Changing Gasoline Prices pp. 1198-1211

Ashley Langer and Nathan H. Miller

The Effect of Gasoline Prices on Household Location pp. 1212-1221

Raven Molloy and Hui Shan

Skill-Biased Technological Change and the Business Cycle pp. 1222-1237

Almut Balleer and Thijs van Rens

The Effects of Usury Laws: Evidence from the Online Loan Market pp. 1238-1248

Oren Rigbi

Immigrant Networks and Their Implications for Occupational Choice and Wages pp. 1249-1277

Krishna Patel and Francis Vella

Crime and Immigration: Evidence from Large Immigrant Waves pp. 1278-1290

Brian Bell, Francesco Fasani and Stephen Machin

The Effect of Rising Income Inequality on Taxation and Public Expenditures: Evidence from U.S. Municipalities and School Districts, 1970–2000 pp. 1291-1302

Leah Boustan, Fernando Ferreira, Hernan Winkler and Eric M. Zolt

Organizational Form and Performance: Evidence from the Hotel Industry pp. 1303-1323

Renáta Kosová, Francine Lafontaine and Rozenn Perrigot

Competition Policy and Productivity Growth: An Empirical Assessment pp. 1324-1336

Paolo Buccirossi, Lorenzo Ciari, Tomaso Duso, Giancarlo Spagnolo and Cristiana Vitale

Wage Rigidity, Collective Bargaining, and the Minimum Wage: Evidence from French Agreement Data pp. 1337-1351

Sanvi Avouyi-Dovi, Denis Fougere and Erwan Gautier

Expectations and Economic Fluctuations: An Analysis Using Survey Data pp. 1352-1367

Sylvain Leduc and Keith Sill

Airline Alliances, Antitrust Immunity, and Market Foreclosure pp. 1368-1385

Volodymyr Bilotkach and Kai Hüschelrath

Time to Change What to Sow: Risk Preferences and Technology Adoption Decisions of Cotton Farmers in China pp. 1386-1403

Elaine Liu

Import Competition and Skill Content in U.S. Manufacturing Industries pp. 1404-1417

Yi Lu and Travis Ng

From Baghdad to London: Unraveling Urban Development in Europe, the Middle East, and North Africa, 800–1800 pp. 1418-1437

Maarten Bosker, Eltjo Buringh and Jan Luiten van Zanden

Gender, Competitiveness, and Socialization at a Young Age: Evidence From a Matrilineal and a Patriarchal Society pp. 1438-1443

Steffen Andersen, Seda Ertaç, Uri Gneezy, John List and Sandra Maximiano

Consumption Smoothing after the Final Mortgage Payment: Testing the Magnitude Hypothesis pp. 1444-1449

Barry Scholnick

Volume 95, issue 3, 2013

Season of Birth and Later Outcomes: Old Questions, New Answers pp. 711-724

Kasey Buckles and Daniel Hungerman

Firing Costs and Flexibility: Evidence from Firms' Employment Responses to Shocks in India pp. 725-740

Achyuta Adhvaryu, Amalavoyal Chari and Siddharth Sharma

Crime, Punishment, and Politics: An Analysis of Political Cycles in Criminal Sentencing pp. 741-756

Carlos Berdejó and Noam Yuchtman

Going Soft: How the Rise of Software-Based Innovation Led to the Decline of Japan's IT Industry and the Resurgence of Silicon Valley pp. 757-775

Ashish Arora, Lee Branstetter and Matej Drev

Stock Market Volatility and Macroeconomic Fundamentals pp. 776-797

Robert Engle, Eric Ghysels and Bumjean Sohn

The Micro-Macro Disconnect of Purchasing Power Parity pp. 798-812

Paul Bergin, Reuven Glick and Jyh-Lin Wu

Measuring Global Poverty: Why PPP Methods Matter pp. 813-824

Robert Ackland, Steve Dowrick and Benoit Freyens

The Determinants of Intrafirm Trade: Evidence from French Firms pp. 825-838

Gregory Corcos, Delphine M. Irac, Giordano Mion and Thierry Verdier

Heterogeneous Firms or Heterogeneous Workers? Implications for Exporter Premiums and the Gains from Trade pp. 839-849

Alfonso Irarrazabal, Andreas Moxnes and Karen Helene Ulltveit-Moe

Family Ties and Organizational Design: Evidence from Chinese Private Firms pp. 850-867

Hongbin Cai, Hongbin Li, Albert Park and Li-An Zhou

Does Ethnicity Pay? Evidence from Overseas Chinese FDI in China pp. 868-883

Yasheng Huang, Li Jin and Yi Qian

Spreading the Word: Geography, Policy, and Knowledge Spillovers pp. 884-903

Sharon Belenzon and Mark Schankerman

The Economics of Consanguineous Marriages pp. 904-918

Quy-Toan Do, Sriya Iyer and Shareen Joshi

Breastfeeding and Children's Early Cognitive Outcomes pp. 919-931

Donna S. Rothstein

Genetic Matching for Estimating Causal Effects: A General Multivariate Matching Method for Achieving Balance in Observational Studies pp. 932-945

Alexis Diamond and Jasjeet S. Sekhon

Which Reforms Work and under What Institutional Environment? Evidence from a New Data Set on Structural Reforms pp. 946-968

Alessandro Prati, Massimiliano Onorato and Chris Papageorgiou

Vengeance pp. 969-982

Naci Mocan

Assessing Economic Liberalization Episodes: A Synthetic Control Approach pp. 983-1001

Andreas Billmeier and Tommaso Nannicini

Making Friends with Your Neighbors? Agglomeration and Tacit Collusion in The Lodging Industry pp. 1002-1017

Li Gan and Manuel Hernandez

What Is the True Loss Due to Piracy? Evidence from Microsoft Office in Hong Kong pp. 1018-1029

Tin Cheuk Leung

Optimal Use of Labor Market Policies: The Role of Job Search Assistance pp. 1030-1045

Conny Wunsch

Do Natural Resources Attract Nonresource FDI? pp. 1047-1065

Steven Poelhekke and Frederick (Rick) van der Ploeg

Regulatory Reform and Productivity Change in Indian Banking pp. 1066-1077

Barbara Casu, Alessandra Ferrari and Tianshu Zhao

Volume 95, issue 2, 2013

Who Creates Jobs? Small versus Large versus Young pp. 347-361

John Haltiwanger, Ron Jarmin and Javier Miranda

Policy Volatility, Institutions, and Economic Growth pp. 362-376

Antonio Fatas and Ilian Mihov

Asset Market Participation, Monetary Policy Rules, and the Great Inflation pp. 377-392

Florin Bilbiie and Roland Straub

Knowledge Transfers from Multinational to Domestic Firms: Evidence from Worker Mobility pp. 393-406

Jennifer Poole

Is Earnings Nonresponse Ignorable? pp. 407-416

Christopher Bollinger and Barry Hirsch

The Ecological Footprint of Poverty Alleviation: Evidence from Mexico's Oportunidades Program pp. 417-435

Jennifer Alix-Garcia, Craig McIntosh, Katharine Sims and Jarrod R. Welch

Do Spillovers Matter When Estimating Private Returns to R&D? pp. 436-448

Markus Eberhardt, Christian Helmers and Hubert Strauss

When Distance Disappears: Inventors, Education, and the Locus of Knowledge Spillovers pp. 449-463

Paola Giuri and Myriam Mariani

Do Family Wealth Shocks Affect Fertility Choices? Evidence from the Housing Market pp. 464-475

Michael Lovenheim and Kevin Mumford

Import Competition and Quality Upgrading pp. 476-490

Mary Amiti and Amit Khandelwal

Inter-Industry Strategic R&D and Supplier-Demander Relationships pp. 491-499

Andrew C. Chang

Empirical Evidence on the Role of Nonlinear Wholesale Pricing and Vertical Restraints on Cost Pass-Through pp. 500-515

Céline Bonnet, Pierre Dubois, Sofia Villas-Boas and Daniel Klapper

Who Pays Cigarette Taxes? The Impact of Consumer Price Search pp. 516-529

Philip DeCicca, Donald Kenkel and Feng Liu

Unemployment Dynamics in the OECD pp. 530-548

Michael Elsby, Bart Hobijn and Aysegul Sahin

From the Peaks to the Valleys: Cross-State Evidence on Income Volatility over the Business Cycle pp. 549-562

Colleen Carey and Stephen H. Shore

Geographic Variation in Subprime Loan Features, Foreclosures, and Prepayments pp. 563-590

Morgan Rose

Do Countries Falsify Economic Data Strategically? Some Evidence That They Might pp. 591-616

Tomasz Michalski and Gilles Stoltz

Long-Term Determinants of the Demographic Transition, 1870–2000 pp. 617-631

Fabrice Murtin

Closing the Gap between Risk Estimation and Decision Making: Efficient Management of Trade-Related Invasive Species Risk pp. 632-645

Robert Lieli and Michael Springborn

Structural Breaks in the International Dynamics of Inflation pp. 646-659

Erdenebat Bataa, Denise Osborn, Marianne Sensier and Dick van Dijk

Gradients of the Intergenerational Transmission of Health in Developing Countries pp. 660-672

Sonia Bhalotra and Samantha Rawlings

Causal Effects of Health Shocks on Consumption and Debt: Quasi-Experimental Evidence from Bus Accident Injuries pp. 673-681

Manoj Mohanan

Access to Markets and Rural Poverty: Evidence from Household Consumption in China pp. 682-697

M. Shahe Emran and Zhaoyang Hou

Chinese Graduate Students and U.S. Scientific Productivity pp. 698-701

Patrick Gaulé and Mario Piacentini

Trade Crisis? What Trade Crisis? pp. 702-709

Kristian Behrens, Gregory Corcos and Giordano Mion

Volume 95, issue 1, 2013

Financial Incentives and Fertility pp. 1-20

Alma Cohen, Rajeev Dehejia and Dmitri Romanov

Are Children “Normal”? pp. 21-33

Dan Black, Natalia Kolesnikova, Seth G. Sanders and Lowell Taylor

Are Building Codes Effective at Saving Energy? Evidence from Residential Billing Data in Florida pp. 34-49

Grant Jacobsen and Matthew Kotchen

The Economics of Green Building pp. 50-63

Piet Eichholtz, Nils Kok and John Quigley

Using Nonpecuniary Strategies to Influence Behavior: Evidence from a Large-Scale Field Experiment pp. 64-73

Paul Ferraro and Michael Price

Spillovers from High-Skill Consumption to Low-Skill Labor Markets pp. 74-86

Francesca Mazzolari and Giuseppe Ragusa

Employment Effects of Army Service and Veterans' Compensation: Evidence from the Australian Vietnam-Era Conscription Lotteries pp. 87-97

Peter Siminski

HIV Status and Labor Market Participation in South Africa pp. 98-108

James Levinsohn, Zoë McLaren, Olive Shisana and Khangelani Zuma

Quotas and Quality: The Effect of H-1B Visa Restrictions on the Pool of Prospective Undergraduate Students from Abroad pp. 109-126

Takao Kato and Chad Sparber

Partisan Representation in Congress and the Geographic Distribution of Federal Funds pp. 127-141

David Albouy

Determinants of Health Care Decisions: Insurance, Utilization, and Expenditures pp. 142-153

Chan Shen

Well-Being over the Life Span: Semiparametric Evidence from British and German Longitudinal Data pp. 154-167

Christoph Wunder, Andrea Wiencierz, Johannes Schwarze and Helmut Küchenhoff

A Faith-Based Initiative Meets the Evidence: Does a Flexible Exchange Rate Regime Really Facilitate Current Account Adjustment? pp. 168-184

Menzie Chinn and Shang-Jin Wei

What Does the Yield Curve Tell Us about Exchange Rate Predictability? pp. 185-205

Yu-chin Chen and Kwok Ping Tsang

Commodity Prices, Convenience Yields, and Inflation pp. 206-219

Nikolay Gospodinov and Serena Ng

Differences in Portfolios across Countries: Economic Environment versus Household Characteristics pp. 220-236

Dimitris Christelis, Dimitris Georgarakos and Michael Haliassos

Product Market Competition and Upstream Innovation: Evidence from the U.S. Electricity Market Deregulation pp. 237-254

Paroma Sanyal and Suman Ghosh

Estimating the Benefits of Targeted R&D Subsidies pp. 255-272

Tuomas Takalo, Tanja Tanayama and Otto Toivanen

Top Research Productivity and Its Persistence: Gender as a Double-Edged Sword pp. 273-285

Stijn Kelchtermans and Reinhilde Veugelers

Estimating Lost Output from Allocative Inefficiency, with an Application to Chile and Firing Costs pp. 286-301

Amil Petrin and Jagadeesh Sivadasan

The Effects of Coworker Heterogeneity on Firm-Level Output: Assessing the Impacts of Cultural and Language Diversity in the National Hockey League pp. 302-314

Leo Kahane, Neil Longley and Robert Simmons

Costs, Demand, and Producer Price Changes pp. 315-327

Claire Loupias and Patrick Sevestre

Solving Linear Rational Expectations Models with Predictable Structural Changes pp. 328-336

Adam Cagliarini and Mariano Kulish

Pension Benefit Insurance and Pension Plan Portfolio Choice pp. 337-341

Thomas Crossley and Mario Jametti

Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008 pp. 342-346

Hiau Looi Kee, Ileana Neagu Constantinescu and Alessandro Nicita