Journal of Political Economy

1893 - 2025

From University of Chicago Press
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Modeling Marital Connections among Family Lines pp. 1123-41: John Laitner
Vintage Human Capital, Growth, and the Diffusion of New Technology pp. 1142-65: Varadarajan Chari and Hugo Hopenhayn
Homework in Macroeconomics: Household Production and Aggregate Fluctuations pp. 1166-87: Jess Benhabib, Richard Rogerson and Randall Wright
The Allocation of Capital and Time over the Business Cycle pp. 1188-214: Jeremy Greenwood and Zvi Hercowitz
Asset Prices and Interest Rates in Cash-in-Advance Models pp. 1215-51: Alberto Giovannini and Pamela Labadie
Real Exchange Rates under the Gold Standard pp. 1252-71: Francis Diebold, Steven Husted and Mark Rush
Social Osmosis and Patterns of Crime pp. 1272-95: Raaj K Sah
Mercantilism as Strategic Trade Policy: The Anglo-Dutch Rivalry for the East India Trade pp. 1296-314: Douglas Irwin
Implausible Results or Implausible Data? Anomalies in the Construction of Value-Added Data and Implications for Estimates of Price-Cost Markups pp. 1315-28: Robert Waldmann

How Strong Are Bequest Motives? Evidence Based on Estimates of the Demand for Life Insurance and Annuities pp. 899-927: B. Douglas Bernheim
Full Insurance in the Presence of Aggregate Uncertainty pp. 928-56: Barbara J Mace
A Simple Test of Consumption Insurance pp. 957-76: John Cochrane
Entry and Competition in Concentrated Markets pp. 977-1009: Timothy Bresnahan and Peter C Reiss
Most-Favored-Customer Protection versus Price Discrimination over Time pp. 1010-28: Ivan Png
Intergenerational Trade, Longevity, and Economic Growth pp. 1029-59: Isaac Ehrlich and Francis Lui
Transactions Costs and the Efficient Organization of Production: A Study of Timber-Harvesting Contracts pp. 1060-87: Keith B Leffler and Randal R Rucker
Specific versus General Enforcement of Law pp. 1088-1108: Steven Shavell
A Note on Restaurant Pricing and Other Examples of Social Influences on Price pp. 1109-16: Gary Becker

The Effect of Implicit Contracts on the Movement of Wages over the Business Cycle: Evidence from Micro Data pp. 665-88: Paul Beaudry and John DiNardo
Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt pp. 689-721: Douglas Diamond
Rational Addictive Behavior and Cigarette Smoking pp. 722-42: Frank Chaloupka
Money, Barter, and the Optimality of Legal Restrictions pp. 743-73: Merwan Engineer and Dan Bernhardt
The Structure of Local Public Finance and the Quality of Life pp. 774-806: Joseph Gyourko and Joseph Tracy
Innovation, Imitation, and Economic Growth pp. 807-27: Paul S Segerstrom
Mobility and Redistribution pp. 828-58: Dennis Epple and Thomas Romer
Self-Screening in Targeted Public Transfer Programs pp. 859-76: Donald Parsons
Rational Choice: The Contrast between Economics and Psychology pp. 877-97: Vernon L Smith

Procyclical Labor Productivity and Competing Theories of the Business Cycle: Some Evidence from Interwar U.S. Manufacturing Industries pp. 439-59: Ben Bernanke and Martin L Parkinson
A Microeconomic Mechanism for Economic Growth pp. 460-82: Xiaokai Yang and Jeff Borland
Increasing Returns and Economic Geography pp. 483-99: Paul Krugman
Long-Run Policy Analysis and Long-Run Growth pp. 500-521: Sergio Rebelo
Income Convergence in an Endogenous Growth Model pp. 522-40: Robert Tamura
Irreversible Investment with Price Ceilings pp. 541-57: Avinash Dixit
Production Smoothing Evidence from Physical-Product Data pp. 558-81: Spencer Krane and Stephen N Braun
The Effects of Child Mortality Changes on Fertility Choice and Parental Welfare pp. 582-606: Raaj Kumar Sah
A Simple Nonadditive Preference Structure for Models of Household Behavior over Time pp. 607-37: Martin Browning
The Effects of Risk Aversion on Wagering: Point Spread versus Odds pp. 638-53: Bill Woodland and Linda M Woodland
A Nonparametric Investigation of Duration Dependence in the American Business Cycle: A Note pp. 654-56: Ram Mudambi and Larry W Taylor
An Examination of Efficiency in British Racetrack Betting: Errata and Corrections pp. 657-59: Paul E Gabriel and James R Marsden
The Cost of Rent Seeking: Is GNP Negative? pp. 660-64: William Dougan

Implications of Security Market Data for Models of Dynamic Economies pp. 225-62: Lars Peter Hansen and Ravi Jagannathan
Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: An Empirical Analysis pp. 263-86: Larry Epstein and Stanley Zin
Health Behavior, Health Knowledge, and Schooling pp. 287-305: Donald Kenkel
Nonconvex Costs and the Behavior of Inventories pp. 306-34: Valerie Ramey
The Politics of Intergenerational Redistribution pp. 335-57: Guido Tabellini
The Variability of Velocity in Cash-in-Advance Models pp. 358-84: Robert J Hodrick, Narayana Kocherlakota and Deborah Lucas
The Variation of Economic Risk Premiums pp. 385-415: Wayne Ferson and Campbell R Harvey
On Expenditure Indices in Revealed Preference Tests: Comment pp. 416-19: John Gross
Unlimited Liability and Law Firm Organization: Tax Factors and the Direction of Causation pp. 420-25: Ronald J Gilson
Unlimited Liability and Law Firm Organization: Tax Factors and the Direction of Causation: Reply pp. 426-28: Jack L Carr and G Frank Mathewson
Increasing Returns and Increasing Rates of Growth pp. 429-35: Danyang Xie

A Theory of Quits and Layoffs with Efficient Turnover pp. 1-29: Kenneth McLaughlin
Price Discrimination and Retail Configuration pp. 30-53: Andrea Shepard
Poverty and the Rate of Time Preference: Evidence from Panel Data pp. 54-77: Emily C Lawrance
Primogeniture pp. 78-99: C Y Cyrus Chu
Evidence on Bidding Strategies and the Information in Treasury Bill Auctions pp. 100-130: Elizabeth B Cammack
Rational Speculation pp. 131-44: John Leach
Specific Capital, Mobility, and Wages: Wages Rise with Job Seniority pp. 145-76: Robert Topel
Smoking, Skydiving, and Knitting: The Endogenous Categorization of Risks in Insurance Markets with Asymmetric Information pp. 177-200: Eric Bond and Keith J Crocker
The Handbook of Industrial Organization: Review Article pp. 201-17: Sam Peltzman
Rational Expectations Business Cycles in Search Equilibrium: A Correction pp. 218-19: Peter Diamond and Drew Fudenberg