Journal of Political Economy

1893 - 2025

From University of Chicago Press
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Volume 114, issue 6, 2006

Learning, Private Information, and the Economic Evaluation of Randomized Experiments pp. 997-1040

Tat Y. Chan and Barton Hamilton

Rewarding Sequential Innovators: Prizes, Patents, and Buyouts pp. 1041-1068

Hugo Hopenhayn, Gerard Llobet and Matthew Mitchell

Inflation and the Redistribution of Nominal Wealth pp. 1069-1097

Matthias Doepke and Martin Schneider

Incomplete Wage Posting pp. 1098-1123

Claudio Michelacci and Javier Suarez

The Marriage Model with Search Frictions pp. 1124-1146

Lones Smith

Volume 114, issue 5, 2006

Entrepreneurship, Frictions, and Wealth pp. 835-870

Marco Cagetti and Mariacristina De Nardi

The Value of Health and Longevity pp. 871-904

Kevin Murphy and Robert Topel

How Much Is a Seat on the Security Council Worth? Foreign Aid and Bribery at the United Nations pp. 905-930

Ilyana Kuziemko and Eric Werker

The Accident Externality from Driving pp. 931-955

Aaron Edlin and Pinar Karaca-Mandic

Adaptive Organizations pp. 956-985

Wouter Dessein and Tano Santos

Volume 114, issue 4, 2006

Are Americans Saving "Optimally" for Retirement? pp. 607-643

John Scholz, Ananth Seshadri and Surachai Khitatrakun

Firms as Clubs in Walrasian Markets with Private Information pp. 644-671

Edward Prescott and Robert Townsend

Is the 1918 Influenza Pandemic Over? Long-Term Effects of In Utero Influenza Exposure in the Post-1940 U.S. Population pp. 672-712

Douglas Almond

Dynamic Pricing of New Experience Goods pp. 713-743

Dirk Bergemann and Juuso Välimäki

The Impact of an Abortion Ban on Socioeconomic Outcomes of Children: Evidence from Romania pp. 744-773

Cristian Pop-Eleches

Ownership Dynamics and Asset Pricing with a Large Shareholder pp. 774-815

Peter DeMarzo and Branko Uro

Green Markets and Private Provision of Public Goods pp. 816-845

Matthew Kotchen

Volume 114, issue 3, 2006

The Dynamic Effects of Neutral and Investment-Specific Technology Shocks pp. 413-451

Jonas Fisher

Signaling in a Global Game: Coordination and Policy Traps pp. 452-484

George-Marios Angeletos, Christian Hellwig and Alessandro Pavan

Efficient Competitive Equilibria with Adverse Selection pp. 485-516

Alberto Bisin and Piero Gottardi

How Basic Are Behavioral Biases? Evidence from Capuchin Monkey Trading Behavior pp. 517-537

Keith Chen, Venkat Lakshminarayanan and Laurie R. Santos

Selling Labor Low: Wage Responses to Productivity Shocks in Developing Countries pp. 538-575

Seema Jayachandran

Private International Debt with Risk of Repudiation pp. 576-593

Karsten Jeske

Simon Rottenberg and Baseball, Then and Now: A Fiftieth Anniversary Retrospective pp. 594-623

Allen R. Sanderson and John Siegfried

Volume 114, issue 2, 2006

Nobel Lecture: The Transformation of Macroeconomic Policy and Research pp. 203-235

Edward Prescott

Identifying Placebo Effects with Data from Clinical Trials pp. 236-256

Anup Malani

Designing Optimal Disability Insurance: A Case for Asset Testing pp. 257-279

Mikhail Golosov and Aleh Tsyvinski

Media Bias and Reputation pp. 280-316

Matthew Gentzkow and Jesse Shapiro

On the Weights of Nations: Assigning Voting Weights in a Heterogeneous Union pp. 317-339

Salvador Barberà and Matthew Jackson

Do Firms Maximize? Evidence from Professional Football pp. 340-365

David Romer

Coordination and Experimentation in M-Form and U-Form Organizations pp. 366-402

Yingyi Qian, Gérard Roland and Chenggang Xu

Economics: An Emerging Small World pp. 403-432

Sanjeev Goyal, Marco van der Leij and Jose Moraga-Gonzalez

Volume 114, issue 1, 2006

The Behavioralist Meets the Market: Measuring Social Preferences and Reputation Effects in Actual Transactions pp. 1-37

John List

The Market for Illegal Goods: The Case of Drugs pp. 38-60

Gary Becker, Kevin Murphy and Michael Grossman

The Productivity Effects of Privatization: Longitudinal Estimates from Hungary, Romania, Russia, and Ukraine pp. 61-99

J. David Brown, John Earle and Almos Telegdy

Distinguishing Limited Liability from Moral Hazard in a Model of Entrepreneurship pp. 100-144

Anna Paulson, Robert Townsend and Alexander Karaivanov

The Political Economy of Corporate Control and Labor Rents pp. 145-174

Enrico Perotti and Ernst-Ludwig von Thadden

Who Marries Whom and Why pp. 175-201

Eugene Choo and Aloysius Siow

JPE: Data on Time to First Decision, 2001-2004 pp. 202-231

Editors

Volume 113, issue 6, 2005

Hepatitis B and the Case of the Missing Women pp. 1163-1216

Emily Oster

Modes of Communication pp. 1217-1238

Mathias Dewatripont and Jean Tirole

Demand Estimation with Heterogeneous Consumers and Unobserved Product Characteristics: A Hedonic Approach pp. 1239-1276

Patrick Bajari and C. Lanier Benkard

Collective Labor Supply with Children pp. 1277-1306

Richard Blundell, Pierre Chiappori and Costas Meghir

The Condition of the Working Class in England, 1209-2004 pp. 1307-1340

Gregory Clark

Polygyny, Fertility, and Savings pp. 1341-1370

Michele Tertilt

Volume 113, issue 5, 2005

Consumption versus Expenditure pp. 919-948

Mark Aguiar and Erik Hurst

Unbundling Institutions pp. 949-995

Daron Acemoglu and Simon Johnson

The Assignment of Workers to Jobs in an Economy with Coordination Frictions pp. 996-1025

Robert Shimer

Modeling and Measuring Organization Capital pp. 1026-1053

Andrew Atkeson and Patrick Kehoe

Insurance within the Firm pp. 1054-1087

Luigi Guiso, Luigi Pistaferri and Fabiano Schivardi

Consumption Taxes and Economic Efficiency with Idiosyncratic Wage Shocks pp. 1088-1115

Shinichi Nishiyama and Kent Smetters

Electoral Competition in Heterogeneous Districts pp. 1116-1145

Steven Callander

Is Bigger Better? Customer Base Expansion through Word-of-Mouth Reputation pp. 1146-1175

Rafael Rob and Arthur Fishman

Volume 113, issue 4, 2005

On the Design of Hierarchies: Coordination versus Specialization pp. 675-702

Oliver Hart and John Moore

Are Structural Estimates of Auction Models Reasonable? Evidence from Experimental Data pp. 703-741

Patrick Bajari and Ali Hortacsu

Large Devaluations and the Real Exchange Rate pp. 742-784

Ariel Burstein, Martin Eichenbaum and Sergio Rebelo

Procurement via Sequential Search pp. 785-810

Asher Wolinsky

Hiring Policies, Labor Market Institutions, and Labor Market Flows pp. 811-839

Michael Pries and Richard Rogerson

The Great Leap Forward: Anatomy of a Central Planning Disaster pp. 840-877

Wei Li and Dennis Yang

Aggregation of Heterogeneous Time Preferences pp. 878-896

Christian Gollier and Richard Zeckhauser

How (Not) to Raise Money pp. 897-926

Jacob Goeree, Emiel Maasland, Sander Onderstal and John Turner

Volume 113, issue 3, 2005

A Unified Framework for Monetary Theory and Policy Analysis pp. 463-484

Ricardo Lagos and Randall Wright

Exchange Rates and Fundamentals pp. 485-517

Charles Engel and Kenneth West

Risky Business: The Market for Unprotected Commercial Sex pp. 518-550

Paul Gertler, Manisha Shah and Stefano M. Bertozzi

The Location of Sales Offices and the Attraction of Cities pp. 551-581

Thomas Holmes

What Determines Productivity? Lessons from the Dramatic Recovery of the U.S. and Canadian Iron Ore Industries Following Their Early 1980s Crisis pp. 582-625

James Schmitz

Dynamic Processes of Social and Economic Interactions: On the Persistence of Inefficiencies pp. 626-667

Armando Gomes and Philippe Jehiel

Comment on "A Theory of Involuntary Unrequited International Transfers" pp. 668-672

Carlos Eugênio da Costa

Volume 113, issue 2, 2005

International Migration, Self-Selection, and the Distribution of Wages: Evidence from Mexico and the United States pp. 239-281

Daniel Chiquiar and Gordon Hanson

The Equilibrium Distribution of Income and the Market for Status pp. 282-310

Gary Becker, Kevin M. Murphy and Iván Werning

Bond Yields and the Federal Reserve pp. 311-344

Monika Piazzesi

Urban Decline and Durable Housing pp. 345-375

Edward L. Glaeser and Joseph Gyourko

Does Air Quality Matter? Evidence from the Housing Market pp. 376-424

Kenneth Chay and Michael Greenstone

Comparative Advantage, Relative Wages, and the Accumulation of Human Capital pp. 425-461

C. N. Teulings

Volume 113, issue 1, 2005

Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy pp. 1-45

Lawrence Christiano, Martin Eichenbaum and Charles Evans

Is Tomorrow Another Day? The Labor Supply of New York City Cabdrivers pp. 46-82

Henry S. Farber

Water for Life: The Impact of the Privatization of Water Services on Child Mortality pp. 83-120

Sebastian Galiani, Paul Gertler and Ernesto Schargrodsky

Welfare-Improving Asymmetric Information in Dynamic Insurance Markets pp. 121-150

Thomas de Garidel-Thoron

Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools pp. 151-184

Joseph Altonji, Todd Elder and Christopher R. Taber

Consumption Risk and the Cross Section of Expected Returns pp. 185-222

Jonathan Parker and Christian Julliard

David Hume's Monetary Theory Revisited: Was He Really a Quantity Theorist and an Inflationist? pp. 223-252

Carl Wennerlind