Journal of Political Economy

1893 - 2025

From University of Chicago Press
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Volume 130, issue 12, 2022

The Comparative Advantage of Firms pp. 3025 - 3100

Johannes Boehm, Swati Dhingra and John Morrow

Exit versus Voice pp. 3101 - 3145

Eleonora Broccardo, Oliver Hart and Luigi Zingales

Asset Management Contracts and Equilibrium Prices pp. 3146 - 3201

Andrea M. Buffa, Dimitri Vayanos and Paul Woolley

Vertical Contracts with Endogenous Product Selection: An Empirical Analysis of Vendor Allowance Contracts pp. 3202 - 3252

Sylvia Hristakeva

Breaking the Cycle? Intergenerational Effects of an Antipoverty Program in Early Childhood pp. 3253 - 3285

Andrew Barr and Chloe Gibbs

Aggregate Implications of Changing Sectoral Trends pp. 3286 - 3333

Andrew Foerster, Andreas Hornstein, Pierre-Daniel G. Sarte and Mark W. Watson

Volume 130, issue 11, 2022

Within-Firm Productivity Dispersion: Estimates and Implications pp. 2771 - 2828

Scott Orr

Central Bank Digital Currency: Welfare and Policy Implications pp. 2829 - 2861

Stephen Williamson

Poor and Rational: Decision-Making under Scarcity pp. 2862 - 2897

Dietmar Fehr, Günther Fink and B. Kelsey Jack

Caring or Pretending to Care? Social Impact, Firms’ Objectives, and Welfare pp. 2898 - 2942

Michele Fioretti

Mismatch Cycles pp. 2943 - 2984

Isaac Baley, Ana Figueiredo and Robert Ulbricht

Electoral Accountability and Control in US Cities pp. 2985 - 3023

Holger Sieg and Chamna Yoon

Volume 130, issue 10, 2022

The Effects of High-Skilled Immigration Policy on Firms: Evidence from Visa Lotteries pp. 2501 - 2533

Kirk Doran, Alexander Gelber and Adam Isen

Equilibrium Trade in Automobiles pp. 2534 - 2593

Kenneth Gillingham, Fedor Iskhakov, Anders Munk-Nielsen, John Rust and Bertel Schjerning

Non-Bayesian Persuasion pp. 2594 - 2642

Geoffroy de Clippel and Xu Zhang

Cognitive Skills, Strategic Sophistication, and Life Outcomes pp. 2643 - 2704

Eduardo Fé, David Gill and Victoria Prowse

Persuasion via Weak Institutions pp. 2705 - 2730

Elliot Lipnowski, Doron Ravid and Denis Shishkin

How Much Should We Trust the Dictator’s GDP Growth Estimates? pp. 2731 - 2769

Luis Martinez

Volume 130, issue 9, 2022

Taxing Top Incomes in a World of Ideas pp. 2227 - 2274

Charles Jones

The Economic Effects of Long-Term Climate Change: Evidence from the Little Ice Age pp. 2275 - 2314

Maria Waldinger

Minimum Wage and Individual Worker Productivity: Evidence from a Large US Retailer pp. 2315 - 2360

Decio Coviello, Erika Deserranno and Nicola Persico

Economic Preferences across Generations and Family Clusters: A Large-Scale Experiment in a Developing Country pp. 2361 - 2410

Shyamal Chowdhury, Matthias Sutter and Klaus Zimmermann

Behavioral Foundations of Nested Stochastic Choice and Nested Logit pp. 2411 - 2461

Matthew Kovach and Gerelt Tserenjigmid

Child Development in Parent-Child Interactions pp. 2462 - 2499

Avner Seror

Volume 130, issue 8, 2022

The Allocation of Food to Food Banks pp. 1993 - 2017

Canice Prendergast

Designing Incentives for Heterogeneous Researchers pp. 2018 - 2054

Nathan Yoder

Asymmetric Information and Sovereign Debt: Theory Meets Mexican Data pp. 2055 - 2109

Harold Cole, Daniel Neuhann and Guillermo Ordonez

Sorting or Steering: The Effects of Housing Discrimination on Neighborhood Choice pp. 2110 - 2163

Peter Christensen and Christopher Timmins

Instrumental Variable Identification of Dynamic Variance Decompositions pp. 2164 - 2202

Mikkel Plagborg-Moller and Christian Wolf

Dissecting the Equity Premium pp. 2203 - 2222

Tyler Beason and David Schreindorfer

Erratum: Self-Control at Work pp. 2223 - 2224

Supreet Kaur, Michael Kremer and Sendhil Mullainathan

Volume 130, issue 7, 2022

Estimating an Equilibrium Model of Horizontal Competition in Education pp. 1717 - 1764

Natalie Bau

The Origins of Firm Heterogeneity: A Production Network Approach pp. 1765 - 1804

Andrew Bernard, Emmanuel Dhyne, Glenn Magerman, Kalina Manova and Andreas Moxnes

Bail-Ins and Bailouts: Incentives, Connectivity, and Systemic Stability pp. 1805 - 1859

Benjamin Bernard, Agostino Capponi and Joseph Stiglitz

Measuring the Private and Social Returns to R&D: Unintended Spillovers versus Technology Markets pp. 1860 - 1918

Pere Arqué-Castells and Daniel Spulber

The Causal Impact of Removing Children from Abusive and Neglectful Homes pp. 1919 - 1962

Anthony Bald, Eric Chyn, Justine Hastings and Margarita Machelett

Reevaluating the Long-Term Impact of In Utero Exposure to the 1918 Influenza Pandemic pp. 1963 - 1990

Brian Beach, Ryan Brown, Joseph Ferrie, Martin Saavedra and Duncan Thomas

Volume 130, issue 6, 2022

Preference Discovery in University Admissions: The Case for Dynamic Multioffer Mechanisms pp. 1427 - 1476

Julien Grenet, YingHua He and Dorothea Kübler

Organizational Capital, Corporate Leadership, and Firm Dynamics pp. 1477 - 1536

Wouter Dessein and Andrea Prat

Monetary Policy Communications and Their Effects on Household Inflation Expectations pp. 1537 - 1584

Olivier Coibion, Yuriy Gorodnichenko and Michael Weber

Signaling in Online Credit Markets pp. 1585 - 1629

Kei Kawai, Ken Onishi and Kosuke Uetake

The Dynamics and Spillovers of Management Interventions: Evidence from the Training within Industry Program pp. 1630 - 1675

Nicola Bianchi and Michela Giorcelli

Rationally Inattentive Behavior: Characterizing and Generalizing Shannon Entropy pp. 1676 - 1715

Andrew Caplin, Mark Dean and John Leahy

Volume 130, issue 5, 2022

Self-Fulfilling Debt Crises, Revisited pp. 1147 - 1183

Mark Aguiar, Satyajit Chatterjee, Harold Cole and Zachary Stangebye

When Harry Fired Sally: The Double Standard in Punishing Misconduct pp. 1184 - 1248

Mark Egan, Gregor Matvos and Amit Seru

Trade, Structural Transformation, and Development: Evidence from Argentina 1869–1914 pp. 1249 - 1318

Pablo Fajgelbaum and Stephen Redding

Bidding and Drilling under Uncertainty: An Empirical Analysis of Contingent Payment Auctions pp. 1319 - 1363

Vivek Bhattacharya, Andrey Ordin and James W. Roberts

Detecting Large-Scale Collusion in Procurement Auctions pp. 1364 - 1411

Kei Kawai and Jun Nakabayashi

The Gravity Equation in International Trade: A Note pp. 1412 - 1418

Ruben Dewitte

The Gravity Equation in International Trade: A Response pp. 1419 - 1425

Thomas Chaney

Volume 130, issue 4, 2022

Cause and Effect in Political Polarization: A Dynamic Analysis pp. 825 - 880

Steven Callander and Juan Carlos Carbajal

Cost-Benefit Analysis in Reasoning pp. 881 - 925

Larbi Alaoui and Antonio Penta

Ordinal Centrality pp. 926 - 955

Evan Sadler

Measuring the Completeness of Economic Models pp. 956 - 990

Drew Fudenberg, Jon Kleinberg, Annie Liang and Sendhil Mullainathan

Good Reverberations? Teacher Influence in Music Composition since 1450 pp. 991 - 1090

Karol Borowiecki

The Origin of the State: Land Productivity or Appropriability? pp. 1091 - 1144

Joram Mayshar, Omer Moav and Luigi Pascali

Volume 130, issue 3, 2022

Welfare Reform and the Intergenerational Transmission of Dependence pp. 523 - 565

Robert Paul Hartley, Carlos Lamarche and James Ziliak

Monopoly Pricing, Optimal Randomization, and Resale pp. 566 - 635

Simon Loertscher and Ellen V. Muir

Are There Too Many Farms in the World? Labor Market Transaction Costs, Machine Capacities, and Optimal Farm Size pp. 636 - 680

Andrew D. Foster and Mark Rosenzweig

Ordinary Least Squares Estimation of the Intrahousehold Distribution of Expenditure pp. 681 - 731

Valérie Lechene, Krishna Pendakur and Alexander Wolf

Why Does Education Reduce Crime? pp. 732 - 765

Brian Bell, Rui Costa and Stephen Machin

How Much Does Your Boss Make? The Effects of Salary Comparisons pp. 766 - 822

Zoë Cullen and Ricardo Perez-Truglia

Volume 130, issue 2, 2022

Demand for Online News under Government Control: Evidence from Russia pp. 259 - 309

Andrey Simonov and Justin Rao

Intermediation and Competition in Search Markets: An Empirical Case Study pp. 310 - 345

Tobias Salz

Learning before Trading: On the Inefficiency of Ignoring Free Information pp. 346 - 387

Doron Ravid, Anne-Katrin Roesler and Balázs Szentes

Elite Capture of Foreign Aid: Evidence from Offshore Bank Accounts pp. 388 - 425

Jørgen Andersen, Niels Johannesen and Bob Rijkers

Equilibrium Bid-Price Dispersion pp. 426 - 461

Boyan Jovanovic and Albert Menkveld

The Effects of Banking Competition on Growth and Financial Stability: Evidence from the National Banking Era pp. 462 - 520

Mark Carlson, Sergio Correia and Stephan Luck

Volume 130, issue 1, 2022

Management and Shocks to Worker Productivity pp. 1 - 47

Achyuta Adhvaryu, Namrata Kala and Anant Nyshadham

Cooperative Property Rights and Development: Evidence from Land Reform in El Salvador pp. 48 - 93

Eduardo Montero

Tolerance and Compromise in Social Networks pp. 94 - 120

Garance Genicot

The Mortgage Rate Conundrum pp. 121 - 156

Alejandro Justiniano, Giorgio Primiceri and Andrea Tambalotti

Improving Business Practices and the Boundary of the Entrepreneur: A Randomized Experiment Comparing Training, Consulting, Insourcing, and Outsourcing pp. 157 - 209

Stephen J. Anderson and David McKenzie

Rationing the Commons pp. 210 - 257

Nicholas Ryan and Anant Sudarshan