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 98, issue 5, 2016

Bombs, Brains, and Science: The Role of Human and Physical Capital for the Creation of Scientific Knowledge pp. 811-831

Fabian Waldinger

The White/Black Educational Gap, Stalled Progress, and the Long-Term Consequences of the Emergence of Crack Cocaine Markets pp. 832-847

William Evans, Craig Garthwaite and Timothy Moore

School Accountability, Postsecondary Attainment, and Earnings pp. 848-862

David Deming, Sarah Cohodes, Jennifer Jennings and Christopher Jencks

Trickle-Down Consumption pp. 863-879

Marianne Bertrand and Adair Morse

Credit Standards and Segregation pp. 880-896

Amine Ouazad and Romain Ranciere

Liquidity Problems and Early Payment Default among Subprime Mortgages pp. 897-912

Nathan Anderson and Jane K. Dokko

Survive Another Day: Using Changes in the Composition of Investments to Measure the Cost of Credit Constraints pp. 913-924

Luis Garicano and Claudia Steinwender

War and Relatedness pp. 925-939

Enrico Spolaore and Romain Wacziarg

Markov-Switching Models with Evolving Regime-Specific Parameters: Are Postwar Booms or Recessions All Alike? pp. 940-949

Yunjong Eo and Chang-Jin Kim

Measuring the Level and Uncertainty of Trend Inflation pp. 950-967

Elmar Mertens

Policy Regimes, Policy Shifts, and U.S. Business Cycles pp. 968-983

Saroj Bhattarai, Jae Won Lee and Woong Yong Park

Globalization and Wage Polarization pp. 984-1000

Guido Cozzi and Giammario Impullitti

Identification of Instrumental Variable Correlated Random Coefficients Models pp. 1001-1005

Matthew Masten and Alexander Torgovitsky

Volume 98, issue 4, 2016

Religious Identity and Economic Behavior pp. 617-637

Daniel Benjamin, James Choi and Geoffrey Fisher

The Effect of Disability Payments on Household Earnings and Income: Evidence from the SSI Children's Program pp. 638-654

ManasI Deshpande

What Is the Case for Paid Maternity Leave? pp. 655-670

Gordon Dahl, Katrine Løken, Magne Mogstad and Kari Vea Salvanes

Learning from the Test: Raising Selective College Enrollment by Providing Information pp. 671-684

Sarena Goodman

Distributional Tests for Regression Discontinuity: Theory and Empirical Examples pp. 685-700

Shu Shen and Xiaohan Zhang

Robust Standard Errors in Small Samples: Some Practical Advice pp. 701-712

Guido Imbens and Michal Kolesár

Multinational Firms and Tax Havens pp. 713-727

Anna Gumpert, James Hines and Monika Schnitzer

Looking for Local Labor Market Effects of NAFTA pp. 728-741

Shushanik Hakobyan and John McLaren

Forecasting Conditional Probabilities of Binary Outcomes under Misspecification pp. 742-755

Graham Elliott, Dalia Ghanem and Fabian Krüger

What Hinders Investment in the Aftermath of Financial Crises: Insolvent Firms or Illiquid Banks? pp. 756-769

Sebnem Kalemli-Ozcan, Herman Kamil and Carolina Villegas-Sanchez

Core Inflation and Trend Inflation pp. 770-784

James H. Stock and Mark Watson

Real-Time Properties of the Federal Reserve's Output Gap pp. 785-791

Rochelle M. Edge and Jeremy B. Rudd

The Medium Is the Measure: Technical Change and Employment, 1909—1949 pp. 792-810

Michelle Alexopoulos and Jon Cohen

Volume 98, issue 3, 2016

Human Capital and the Supply of Religion pp. 415-427

Joseph Engelberg, Raymond Fisman, Jay C. Hartzell and Christopher A. Parsons

Long-Lasting Effects of Socialist Education pp. 428-441

Nicola Fuchs-Schündeln and Paolo Masella

How Accurate Are Surveyed Preferences for Public Policies? Evidence from a Unique Institutional Setup pp. 442-454

Patricia Funk

Misunderestimating Corruption pp. 455-466

Aart Kraay and Peter Murrell

One-Child Policy and the Rise of Man-Made Twins pp. 467-476

Wei Huang, Xiaoyan Lei and Yaohui Zhao

What Are Cities Worth? Land Rents, Local Productivity, and the Total Value of Amenities pp. 477-487

David Albouy

Do Wage Subsidies Provide a Stepping-Stone to Employment for Recent College Graduates? Evidence from a Randomized Experiment in Jordan pp. 488-502

Matthew Groh, Nandini Krishnan, David McKenzie and Tara Vishwanath

The Price Is Right: Updating Inflation Expectations in a Randomized Price Information Experiment pp. 503-523

Olivier Armantier, Scott Nelson, Giorgio Topa, Wilbert van der Klaauw and Basit Zafar

Measuring Rationality with the Minimum Cost of Revealed Preference Violations pp. 524-534

Mark Dean and Daniel Martin

Regional Policy Evaluation: Interactive Fixed Effects and Synthetic Controls pp. 535-551

Laurent Gobillon and Thierry Magnac

Finance-Led Growth in the OECD since the Nineteenth Century: How Does Financial Development Transmit to Growth? pp. 552-572

Jakob Madsen and James Ang

Resource Windfalls, Political Regimes, and Political Stability pp. 573-590

Francesco Caselli and Andrea Tesei

Adaptation to Poverty in Long-Run Panel Data pp. 591-600

Andrew Clark, Conchita D’Ambrosio and Simone Ghislandi

Price Setting and Rapid Technology Adoption: The Case of the PC Industry pp. 601-616

Adam Copeland and Adam Shapiro

Volume 98, issue 2, 2016

When War Comes Home: The Effect of Combat Service on Domestic Violence pp. 209-225

Resul Cesur and Joseph J. Sabia

How Dark Is Dark? Bright Lights, Big City, Racial Profiling pp. 226-232

William Horrace and Shawn M. Rohlin

Your Friends and Neighbors: Localized Economic Development and Criminal Activity pp. 233-253

Matthew Freedman and Emily Owens

Paving Streets for the Poor: Experimental Analysis of Infrastructure Effects pp. 254-267

Marco Gonzalez-Navarro and Climent Quintana-Domeque

The Permanent Effects of Transportation Revolutions in Poor Countries: Evidence from Africa pp. 268-284

Remi Jedwab and Alexander Moradi

Measuring Intertemporal Substitution in Consumption: Evidence from a VAT Increase in Japan pp. 285-297

David Cashin and Takashi Unayama

Maximum Likelihood Estimation and Inference for Approximate Factor Models of High Dimension pp. 298-309

Jushan Bai and Kunpeng Li

The Econometrics of the Hodrick-Prescott Filter pp. 310-317

Robert de Jong and Neslihan Sakarya

Risky Choice in the Limelight pp. 318-332

Guido Baltussen, Martijn J. van den Assem and Dennie van Dolder

Responding to Risk: Circumcision, Information, and HIV Prevention pp. 333-349

Susan Godlonton, Alister Munthali and Rebecca Thornton

Caution, Drivers! Children Present: Traffic, Pollution, and Infant Health pp. 350-366

Christopher Knittel, Douglas Miller and Nicholas Sanders

The Role of Interchange Fees in Two-Sided Markets: An Empirical Investigation on Payment Cards pp. 367-381

Santiago Carbo Valverde, Sujit Chakravorti and Francisco Rodríguez Fernández

Education and Invention pp. 382-396

Otto Toivanen and Lotta Väänänen

How Important Is U.S. Location for Research in Science? pp. 397-414

Shulamit Kahn and Megan MacGarvie

Volume 98, issue 1, 2016

How the Time of Day Affects Productivity: Evidence from School Schedules pp. 1-11

Nolan Pope

Credit Constraints and Demand for Higher Education: Evidence from Financial Deregulation pp. 12-24

Stephen Teng Sun and Constantine Yannelis

Tear in the Iron Curtain: The Impact of Western Television on Consumption Behavior pp. 25-41

Leonardo Bursztyn and Davide Cantoni

French Roast: Consumer Response to International Con flict--Evidence from Supermarket Scanner Data pp. 42-56

Sonal S. Pandya and Rajkumar Venkatesan

The Political Consequences of Income Shocks: Explaining the Consolidation of Democracy in France pp. 57-82

Raphael Franck

Inference with Few Heterogeneous Clusters pp. 83-96

Rustam Ibragimov and Ulrich K. Müller

Predicting Time-Varying Parameters with Parameter-Driven and Observation-Driven Models pp. 97-110

Siem Jan Koopman, Andre Lucas and Marcel Scharth

Partial Identification, Distributional Preferences, and the Welfare Ranking of Policies pp. 111-131

Maximilian Kasy

Trade Credit and Taxes pp. 132-139

Mihir A. Desai, C. Fritz Foley and James Hines

Banks and Development: Jewish Communities in the Italian Renaissance and Current Economic Performance pp. 140-158

Luigi Pascali

The U.S. Business Cycle, 1867-2006: A Dynamic Factor Approach pp. 159-172

Albrecht Ritschl, Samad Sarferaz and Martin Uebele

Environmental Policy and Directed Technological Change: Evidence from the European Carbon Market pp. 173-191

Raphael Calel and Antoine Dechezleprêtre

The Relationship between Market Structure and Innovation in Industry Equilibrium: A Case Study of the Global Automobile Industry pp. 192-208

Aamir Hashmi and Johannes Van Biesebroeck