Journal of Political Economy

1893 - 2026

From University of Chicago Press
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Volume 134, issue 8, 2026

Robust Estimation and Inference in Panels with Interactive Fixed Effects pp. 2223 - 2261

Timothy B. Armstrong, Martin Weidner and Andrei Zeleneev

Do Mergers and Acquisitions Improve Efficiency? Evidence from Power Plants pp. 2262 - 2312

Mert Demirer and Ömer Karaduman

Sleep: Educational Impact and Habit Formation pp. 2313 - 2361

Osea Giuntella, Silvia Saccardo and Sally Sadoff

Making a Swap: Network Formation with Increasing Marginal Costs pp. 2362 - 2394

Evan Sadler

Optimal Queue Design pp. 2395 - 2440

Yeon-Koo Che and Olivier Tercieux

Exchange Rates and Asset Prices in a Global Demand System pp. 2441 - 2487

Ralph S. J. Koijen and Motohiro Yogo

Scalable Demand and Markups pp. 2488 - 2522

Enghin Atalay, Erika Frost, Alan Sorensen, Christopher Sullivan and Wanjia Zhu

Blackwell-Monotone Updating Rules pp. 2523 - 2554

Mark Whitmeyer

Volume 134, issue 7, 2026

Training, Communications Patterns, and Spillovers inside Organizations pp. 1933 - 1966

Miguel Espinosa and Christopher Stanton

A Method to Estimate Discrete Choice Models That Is Robust to Consumer Search pp. 1967 - 2022

Jason Abaluck, Giovanni Compiani and Fan Zhang

The Macroeconomic Consequences of Early Childhood Development Policies pp. 2023 - 2073

Diego Daruich

The Zero-Beta Interest Rate pp. 2074 - 2118

Sebastian Di Tella, Benjamin Hebert, Pablo Kurlat and Qitong Wang

Financial Aid and Upward Mobility: Evidence from Colombia’s Ser Pilo Paga pp. 2119 - 2165

Juliana Londoño-Vélez, Catherine Rodríguez, Fabio Sánchez and Luis Esteban Álvarez-Arango

The Gas Trap: Outcompeting Coal versus Renewables pp. 2166 - 2214

Bård Harstad and Katinka Holtsmark

The Origin of the State: Land Productivity or Appropriability? A Comment pp. 2215 - 2220

Nikolai Cook, Thibaut Duprey, Anthony Heyes and Martino Pelli

Volume 134, issue 6, 2026

On the Nature of Entrepreneurship pp. 1609 - 1665

Anmol Bhandari, Tobey Kass, Thomas J. May, Ellen R. McGrattan and Evan Schulz

Revolutionary Transition: Inheritance Change and Fertility Decline pp. 1666 - 1713

Victor Gay, Paula E. Gobbi and Marc Goñi

Health Shocks, Health Insurance, Human Capital, and the Dynamics of Earnings and Health pp. 1714 - 1774

Elena Capatina and Michael Keane

Glass Walls: Experimental Evidence on Constraints Faced by Women in Accessing Valuable Skilling Opportunities pp. 1775 - 1845

Ali Cheema, Asim I. Khwaja, M. Farooq Naseer and Jacob N. Shapiro

Ever since Allais pp. 1846 - 1889

Aluma Dembo, Shachar Kariv, Matthew Polisson and John Quah

Linking Social and Personal Preferences: Theory and Experiment pp. 1890 - 1930

William R. Zame, Bertil Tungodden, Erik Sørensen, Shachar Kariv and Alexander W. Cappelen

Volume 134, issue 5, 2026

A Model of Social Duties pp. 1307 - 1346

Tore Ellingsen and Erik Mohlin

The Causal Effects of Youth Cigarette Addiction and Education pp. 1347 - 1400

Rong Hai and James Heckman

Algorithm Design: A Fairness-Accuracy Frontier pp. 1401 - 1467

Annie Liang, Jay Lu, Xiaosheng Mu and Kyohei Okumura

Booms, Busts, and Mismatch in Capital Markets: Evidence from the Offshore Oil and Gas Industry pp. 1468 - 1505

Nicholas Vreugdenhil

US Public Debt and Safe Asset Market Power pp. 1506 - 1560

Jason Choi, Rishabh Kirpalani and Diego J. Perez

Private Private Information pp. 1561 - 1606

Kevin He, Fedor Sandomirskiy and Omer Tamuz

Volume 134, issue 4, 2026

Efficiency and Redistribution in Environmental Policy: An Equilibrium Analysis of Agricultural Supply Chains pp. 1075 - 1109

Tomás Domínguez-Iino

The End of the American Dream? Inequality and Segregation in US Cities pp. 1110 - 1158

Alessandra Fogli, Veronica Guerrieri, Mark Ponder and Marta Prato

The Social Integration of International Migrants: Evidence from the Networks of Syrians in Germany pp. 1159 - 1209

Michael Bailey, Drew Johnston, Martin Koenen, Theresa Kuchler, Dominic Russel and Johannes Stroebel

Indirect Persuasion pp. 1210 - 1244

Rahul Deb, Mallesh M. Pai and Maher Said

How Cultural Diversity Drives Innovation: Surnames and Patents in US History pp. 1245 - 1305

Max Posch, Jonathan Schulz and Joseph Henrich

Volume 134, issue 3, 2026

The Value of Ratings: Evidence from Their Introduction in Securities Markets pp. 847 - 894

Asaf Bernstein, Carola Frydman and Eric Hilt

Mandated versus Voluntary Adaptation to Natural Disasters: The Case of US Wildfires pp. 895 - 948

Patrick Baylis and Judson Boomhower

Endogenous Treatment Models with Social Interactions: An Application to the Impact of Exercise on Self-Esteem pp. 949 - 977

Zhongjian Lin and Francis Vella

Making Information More Valuable pp. 978 - 1016

Mark Whitmeyer

Automation and Polarization pp. 1017 - 1072

Daron Acemoglu and Jonas Loebbing

Volume 134, issue 2, 2026

The Short-Run Policy Constraints of Long-Run Expectations pp. 525 - 569

Stefano Eusepi, Marc Giannoni and Bruce Preston

Screening with Persuasion pp. 570 - 625

Dirk Bergemann, Tibor Heumann and Stephen Morris

Trade with Nominal Rigidities: Understanding the Unemployment and Welfare Effects of the China Shock pp. 626 - 664

Andrés Rodríguez-Clare, Mauricio Ulate and José P. Vásquez

Gender, Confidence, and the Mismeasure of Intelligence, Competitiveness, and Literacy pp. 665 - 730

Glenn W. Harrison, Don Ross and J. Todd Swarthout

Laws and Norms pp. 731 - 772

Roland Bénabou and Jean Tirole

When Is the Use of Gaussian-Inverse Wishart-Haar Priors Appropriate? pp. 773 - 794

Atsushi Inoue and Lutz Kilian

A Case for Pay-as-Bid Auctions pp. 795 - 845

Marek Pycia and Kyle Woodward

Volume 134, issue 1, 2026

The Economics of Scaling Early Childhood Programs: Lessons from the Chicago School pp. 1 - 48

John List

A Study of the Microdynamics of Early-Childhood Learning pp. 49 - 85

James Heckman and Jin Zhou

Why Don’t Struggling Students Do Their Homework? Disentangling Motivation and Study Productivity as Drivers of Human Capital Formation pp. 86 - 149

Christopher Cotton, Brent R. Hickman, John List, Joseph Price and Sutanuka Roy

Child Skill Production: Accounting for Parental and Market-Based Time and Goods Investments pp. 150 - 209

Elizabeth Caucutt, Lance Lochner, Joseph Mullins and Youngmin Park

Parenting with Patience: Parental Incentives and Child Development pp. 210 - 284

Daniela Del Boca, Christopher Flinn, Ewout Verriest and Matthew Wiswall

Effects of Multigenerational Exposure to Early-Life Advantage: Lessons from a Primate Study pp. 285 - 312

Amanda M. Dettmer, James Heckman, Juan Pantano, Victor Ronda and Stephen J. Suomi

It Takes a Village: The Economics of Parenting with Neighborhood and Peer Effects pp. 313 - 365

Francesco Agostinelli, Matthias Doepke, Giuseppe Sorrenti and Fabrizio Zilibotti

Mentoring and Schooling Decisions: Causal Evidence pp. 366 - 396

Armin Falk, Fabian Kosse and Pia Pinger

Exercise Improves Academic Performance pp. 397 - 434

Alexander Cappelen, Gary Charness, Mathias Ekström, Uri Gneezy and Bertil Tungodden

A Structural Meta-Analysis of Welfare Reform Experiments and Their Impacts on Children pp. 435 - 477

Joseph Mullins

Rules versus Discretion: Treatment of Mental Illness in US Adolescents pp. 478 - 522

Emily Cuddy and Janet Currie