International Economic Review

2008 - 2023

Continuation of International Economic Review.

Current editor(s): Michael O'Riordan and Dirk Krueger

From Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association
160 McNeil Building, 3718 Locust Walk, Philadelphia, PA 19104-6297.
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Volume 64, issue 3, 2023

“CONVENTIONAL” MONETARY POLICY IN OLG MODELS: REVISITING THE ASSET‐SUBSTITUTION CHANNEL pp. 875-892

Guanliang Hu, Guoxuan Ma, Wei Qiao and Neil Wallace

BARGAINING OVER TAXES AND ENTITLEMENTS IN THE ERA OF UNEQUAL GROWTH pp. 893-941

Marina Azzimonti, Laura Karpuska and Gabriel Mihalache

CREDIT, DEFAULT, AND OPTIMAL HEALTH INSURANCE pp. 943-977

Youngsoo Jang

TAIL FORECASTING WITH MULTIVARIATE BAYESIAN ADDITIVE REGRESSION TREES pp. 979-1022

Todd Clark, Florian Huber, Gary Koop, Massimiliano Marcellino and Michael Pfarrhofer

A MULTILAYER VIEW OF SYSTEMIC IMPORTANCE AND AGGREGATE FLUCTUATIONS pp. 1023-1046

Hector Tzavellas

BAYESIAN DYNAMIC VARIABLE SELECTION IN HIGH DIMENSIONS pp. 1047-1074

Gary Koop and Dimitris Korobilis

GOODHART'S LAW AND MACHINE LEARNING: A STRUCTURAL PERSPECTIVE pp. 1075-1086

Christopher A. Hennessy and Charles A. E. Goodhart

COMPETITIVE MARKET BEHAVIOR: CONVERGENCE AND ASYMMETRY IN THE EXPERIMENTAL DOUBLE AUCTION pp. 1087-1126

Barbara Ikica, Simon Jantschgi, Heinrich H. Nax, Diego G. Nuñez Duran and Bary S. R. Pradelski

TRADING AMBIGUITY: A TALE OF TWO HETEROGENEITIES pp. 1127-1164

Sujoy Mukerji, Han Ozsoylev and Jean‐Marc Tallon

SPOUSES, CHILDREN, AND ENTREPRENEURSHIP pp. 1165-1199

João Galindo da Fonseca and Charles Berubé

REDUCING RECOMMENDATION INEQUALITY VIA TWO‐SIDED MATCHING: A FIELD EXPERIMENT OF ONLINE DATING pp. 1201-1221

Kuan‐Ming Chen, Yu‐Wei Hsieh and Ming‐Jen Lin

ELECTORAL MALDISTRICTING pp. 1223-1264

Andrei Gomberg, Romans Pancs and Tridib Sharma

HETEROGENEITY, FRICTIONAL ASSIGNMENT, AND HOME‐OWNERSHIP pp. 1265-1308

Allen Head, Huw Lloyd‐Ellis and Derek Stacey

Volume 64, issue 2, 2023

2022 KLEIN LECTURE PARENTAL EDUCATION AND INVENTION: THE FINNISH ENIGMA pp. 453-490

Philippe Aghion, Ufuk Akcigit, Ari Hyytinen and Otto Toivanen

PUBLIC DEBT BUBBLES IN HETEROGENEOUS AGENT MODELS WITH TAIL RISK pp. 491-509

Narayana Kocherlakota

A COMPARISON OF LIVING STANDARDS ACROSS THE UNITED STATES OF AMERICA pp. 511-542

Elena Falcettoni and Vegard M. Nygaard

SETTLING LAWSUITS WITH PIRATES pp. 543-575

Xinyu Hua and Kathryn E. Spier

UNCERTAINTY AND MONETARY POLICY DURING THE GREAT RECESSION pp. 577-606

Giovanni Pellegrino, Efrem Castelnuovo and Giovanni Caggiano

THE WELFARE EFFECTS OF MANDATORY REEMPLOYMENT PROGRAMS: COMBINING A STRUCTURAL MODEL AND EXPERIMENTAL DATA pp. 607-640

Jonas Maibom

VACCINE HESITANCY, PASSPORTS, AND THE DEMAND FOR VACCINATION pp. 641-652

Joshua S. Gans

THE DYNAMIC EFFECTS OF MULTILATERAL TRADE POLICY WITH EXPORT CHURNING pp. 653-689

Carter Mix

MONETARY POLICY AND INEQUALITY: HOW DOES ONE AFFECT THE OTHER? pp. 691-725

Eunseong Ma

THE POWER OF THE FEDERAL RESERVE CHAIR pp. 727-756

Alessandro Riboni and Francisco Ruge‐Murcia

DECIDING WHEN TO DECIDE: COLLECTIVE DELIBERATION AND OBSTRUCTION pp. 757-781

Vincent Anesi and Mikhail Safronov

EXCESSIVE COMPETITION ON HEADLINE PRICES pp. 783-808

Roman Inderst and Martin Obradovits

NO CREDIT, NO GAIN: TRADE LIBERALIZATION DYNAMICS, PRODUCTION INPUTS, AND FINANCIAL DEVELOPMENT pp. 809-836

David Kohn, Fernando Leibovici and Michal Szkup

DIRECTED SEARCH WITH PHANTOM VACANCIES pp. 837-869

James Albrecht, Bruno Decreuse and Susan Vroman

ERRATUM: OPTIMAL CHECKS AND BALANCES UNDER POLICY UNCERTAINTY pp. 871-871

Gabriele Gratton and Massimo Morelli

Volume 64, issue 1, 2023

OPENING THE FLOODGATES: PARTIAL AND GENERAL EQUILIBRIUM ADJUSTMENTS TO LABOR IMMIGRATION pp. 3-21

Bernt Bratsberg, Andreas Moxnes, Oddbjørn Raaum and Karen Helene Ulltveit‐Moe

MEDIEVAL MATCHING MARKETS pp. 23-56

Lars Boerner and Daniel Quint

THE IMPACT OF LOCAL FISCAL AND MIGRATION POLICIES ON HUMAN CAPITAL ACCUMULATION AND INEQUALITY IN CHINA pp. 57-93

Holger Sieg, Chamna Yoon and Jipeng Zhang

ENDOGENOUS PROCYCLICAL LIQUIDITY, CAPITAL REALLOCATION, AND q pp. 95-128

Melanie Cao and Shouyong Shi

ADVERSE SELECTION, LEARNING, AND COMPETITIVE SEARCH pp. 129-153

Karin Mayr‐Dorn

MEETINGS AND MECHANISMS pp. 155-185

Xiaoming Cai, Pieter Gautier and Ronald Wolthoff

PARENTAL TIME INVESTMENT AND INTERGENERATIONAL MOBILITY pp. 187-223

Minchul Yum

INTERNATIONAL CAPITAL FLOWS: PRIVATE VERSUS PUBLIC FLOWS IN DEVELOPING AND DEVELOPED COUNTRIES pp. 225-260

Yun Jung Kim and Jing Zhang

THE DISTRIBUTIONAL EFFECTS OF COVID‐19 AND OPTIMAL MITIGATION POLICIES pp. 261-294

Sewon Hur

INEQUALITY AND PANEL INCOME CHANGES: CONDITIONS FOR POSSIBILITIES AND IMPOSSIBILITIES pp. 295-324

Robert Duval‐Hernández, Gary S. Fields and George H. Jakubson

GROUPED VARIATION IN FACTOR SHARES: AN APPLICATION TO MISALLOCATION pp. 325-360

Jose Asturias and Jack Rossbach

STORABLE GOOD MARKET WITH INTERTEMPORAL COST VARIATIONS pp. 361-385

Fabio Antoniou and Raffaele Fiocco

IRREVERSIBILITY AND MONITORING IN DYNAMIC GAMES: EXPERIMENTAL EVIDENCE pp. 387-412

Eungik Lee, Andrew Choi, Syngjoo Choi and Yves Guéron

GAMING A SELECTIVE ADMISSIONS SYSTEM pp. 413-443

Frances Xu Lee and Wing Suen

Volume 63, issue 4, 2022

DEEP EQUILIBRIUM NETS pp. 1471-1525

Marlon Azinovic, Luca Gaegauf and Simon Scheidegger

INSIDE MONEY, INVESTMENT, AND UNCONVENTIONAL MONETARY POLICY pp. 1527-1560

Lukas Altermatt

THE COST OF GREENING STIMULUS: A DYNAMIC ANALYSIS OF VEHICLE SCRAPPAGE PROGRAMS pp. 1561-1594

Shanjun Li, Youming Liu and Chao Wei

MORAL HAZARD IN REMOTE TEAMS pp. 1595-1623

Emilio Bisetti, Benjamin Tengelsen and Ariel Zetlin‐Jones

APPROXIMATE BAYESIAN INFERENCE AND FORECASTING IN HUGE‐DIMENSIONAL MULTICOUNTRY VARs pp. 1625-1658

Martin Feldkircher, Florian Huber, Gary Koop and Michael Pfarrhofer

POSITIVE SKILL CLUSTERING IN ROLE‐ASSIGNMENT MATCHING MODELS pp. 1659-1690

Axel Anderson

ENDOGENOUS SOCIAL NETWORKS AND INEQUALITY IN AN INTERGENERATIONAL SETTING pp. 1691-1715

Yannis Ioannides

EFFICIENT LIABILITY IN EXPERT MARKETS pp. 1717-1744

Yongmin Chen, Jianpei Li and Jin Zhang

THE NEUTRALITY OF NOMINAL RATES: HOW LONG IS THE LONG RUN? pp. 1745-1777

João Valle e Azevedo, João Ritto and Pedro Teles

HETEROGENEOUS TREATMENT EFFECTS OF NUDGE AND REBATE: CAUSAL MACHINE LEARNING IN A FIELD EXPERIMENT ON ELECTRICITY CONSERVATION pp. 1779-1803

Kayo Murakami, Hideki Shimada, Yoshiaki Ushifusa and Takanori Ida

NETWORK EXTERNALITIES, DOMINANT VALUE MARGINS, AND EQUILIBRIUM UNIQUENESS pp. 1805-1827

Jay Pil Choi and Christodoulos Stefanadis

LEARNING ABOUT REGIME CHANGE pp. 1829-1859

Andrew Foerster and Christian Matthes

Volume 63, issue 3, 2022

REGULATING INSURANCE MARKETS: MULTIPLE CONTRACTING AND ADVERSE SELECTION pp. 981-1020

Andrea Attar, Thomas Mariotti and François Salanié

FINANCING VENTURES pp. 1021-1053

Jeremy Greenwood, Pengfei Han and Juan Sanchez

FLEXIBILITY AND PRODUCTIVITY: TOWARD THE UNDERSTANDING OF FIRM HETEROGENEITY pp. 1055-1108

Luca Macedoni and Mingzhi (Jimmy) Xu

AUCTIONS FOR CHARITY: THE CURSE OF THE FAMILIAR pp. 1109-1135

Jeffrey Carpenter, Damian Damianov and Peter Hans Matthews

FIRM EXPORT DYNAMICS AND THE EXCHANGE RATE: A QUANTITATIVE EXPLORATION pp. 1137-1163

Bernabe Lopez‐Martin

ESTIMATION OF (STATIC OR DYNAMIC) GAMES UNDER EQUILIBRIUM MULTIPLICITY pp. 1165-1188

Taisuke Otsu, Martin Pesendorfer, Yuya Sasaki and Yuya Takahashi

CHINA'S HOUSING BUBBLE, INFRASTRUCTURE INVESTMENT, AND ECONOMIC GROWTH pp. 1189-1237

Shenzhe Jiang, Jianjun Miao and Yuzhe Zhang

THE STRUGGLE FOR EXISTENCE: MIGRATION, COMPETITION, AND HUMAN CAPITAL ACCUMULATION IN HISTORIC CHINA pp. 1239-1269

Ying Bai

IS FISCAL POLICY MORE EFFECTIVE DURING RECESSIONS? pp. 1271-1292

Mario Alloza

THE CHANGING STRUCTURE OF GOVERNMENT CONSUMPTION SPENDING pp. 1293-1323

Alessio Moro and Omar Rachedi

ECONOMIC INTEGRATION AND AGGLOMERATION OF MULTINATIONAL PRODUCTION WITH TRANSFER PRICING pp. 1325-1355

Hayato Kato and Hirofumi Okoshi

COMPETITION AND MULTILEVEL TECHNOLOGY ADOPTION: A DYNAMIC ANALYSIS OF ELECTRONIC MEDICAL RECORDS ADOPTION IN U.S. HOSPITALS pp. 1357-1395

Yanfei Wang

EXPECTATIONS, STAGNATION, AND FISCAL POLICY: A NONLINEAR ANALYSIS pp. 1397-1425

George Evans, Seppo Honkapohja and Kaushik Mitra

THE INTERGENERATIONAL MORTALITY TRADE‐OFF OF COVID‐19 LOCKDOWN POLICIES pp. 1427-1468

Lin Ma, Gil Shapira, Damien de Walque, Quy‐Toan Do, Jed Friedman and Andrei Levchenko

Volume 63, issue 2, 2022

OPTIMAL CHECKS AND BALANCES UNDER POLICY UNCERTAINTY pp. 549-569

Gabriele Gratton and Massimo Morelli

UNEMPLOYMENT, PARTIAL INSURANCE, AND THE MULTIPLIER EFFECTS OF GOVERNMENT SPENDING pp. 571-599

Gregory Givens

NETWORK EFFECTS AND SWITCHING COSTS IN THE U.S. WIRELESS INDUSTRY pp. 601-630

Stefan Weiergraeber

ENTRY DECISIONS AND ASYMMETRIC COMPETITION BETWEEN NON‐PROFIT AND FOR‐PROFIT HOMES IN THE LONG‐TERM CARE MARKET pp. 631-670

Iris Grant, Iris Kesternich and Johannes Van Biesebroeck

THE FRIEDMAN RULE: EXPERIMENTAL EVIDENCE pp. 671-698

John Duffy and Daniela Puzzello

TECHNOLOGY ADOPTION UNDER COSTLY INFORMATION PROCESSING pp. 699-753

Dominik Naeher

MULTI‐AGENT PERSUASION: LEVERAGING STRATEGIC UNCERTAINTY pp. 755-776

Tetsuya Hoshino

COMPETITIVE EQUILIBRIA IN MATCHING MODELS WITH FINANCIAL CONSTRAINTS pp. 777-802

P. Jean-Jacques Herings and Yu Zhou

SEQUENTIAL SEARCH WITH ADAPTIVE INTENSITY pp. 803-829

Joosung Lee and Daniel Li

PETTY CORRUPTION AND CITIZEN REPORTS pp. 831-848

Charles Angelucci and Antonio Russo

ENDOGENOUS LABOR MARKET CYCLES pp. 849-881

Yunan Li and Cheng Wang

EXCESS CAPACITY AND EFFECTIVENESS OF POLICY INTERVENTIONS: EVIDENCE FROM THE CEMENT INDUSTRY pp. 883-915

Tetsuji Okazaki, Ken Onishi and Naoki Wakamori

THE MINIMUM WAGE AND OCCUPATIONAL MOBILITY pp. 917-945

Andrew Yizhou Liu

REALLOCATION EFFECTS OF MONETARY POLICY pp. 947-975

Daisuke Miyakawa, Koki Oikawa and Kozo Ueda

Volume 63, issue 1, 2022

2021 KLEIN LECTURE: AMERICAN DREAM DELAYED: SHIFTING DETERMINANTS OF HOMEOWNERSHIP pp. 3-35

Natalia Khorunzhina and Robert A. Miller

DECIDING ON WHAT TO DECIDE pp. 37-61

Salvador Barberà and Anke Gerber

THE BREXIT VOTE, INFLATION AND U.K. LIVING STANDARDS pp. 63-93

Holger Breinlich, Elsa Leromain, Dennis Novy and Thomas Sampson

IMPROVING THE MEASUREMENT OF EARNINGS DYNAMICS pp. 95-124

Moira Daly, Dmytro Hryshko and Iourii Manovskii

THE IMPLICATIONS OF HOUSING FOR THE DESIGN OF WEALTH TAXES pp. 125-159

Shahar Rotberg

CHOKED BY RED TAPE? THE POLITICAL ECONOMY OF WASTEFUL TRADE BARRIERS pp. 161-188

Giovanni Maggi, Monika Mrázová and J. Peter Neary

MONEY METRICS IN APPLIED WELFARE ANALYSIS: A SADDLEPOINT REHABILITATION pp. 189-210

Edward Schlee and M. Khan

LABOR MARKET SEARCH, INFORMALITY, AND SCHOOLING INVESTMENTS pp. 211-259

Matteo Bobba, Luca Flabbi and Santiago Levy

OBVIOUSLY STRATEGY‐PROOF IMPLEMENTATION OF ASSIGNMENT RULES: A NEW CHARACTERIZATION pp. 261-290

Pinaki Mandal and Souvik Roy

GLOBAL INFLUENCES ON GENDER INEQUALITY: EVIDENCE FROM FEMALE EMPLOYMENT IN KOREA pp. 291-328

Jaerim Choi and Theresa Greaney

A SEARCH MODEL OF EARLY EMPLOYMENT CAREERS AND YOUTH CRIME pp. 329-390

M. Antonella Mancino

PARAMETRIC CONDITIONAL MEAN INFERENCE WITH FUNCTIONAL DATA APPLIED TO LIFETIME INCOME CURVES pp. 391-456

Jin Seo Cho, Peter Phillips and Juwon Seo

SPECIALIZED LEARNING AND POLITICAL POLARIZATION pp. 457-474

Sevgi Yuksel

DISTRIBUTIONAL AND HOUSING PRICE EFFECTS FROM PUBLIC TRANSIT INVESTMENT: EVIDENCE FROM VANCOUVER pp. 475-509

Alex Chernoff and Andrea Craig

MANAGING INEQUALITY OVER BUSINESS CYCLES: OPTIMAL POLICIES WITH HETEROGENEOUS AGENTS AND AGGREGATE SHOCKS pp. 511-540

François Le Grand and Xavier Ragot