Journal of Political Economy

1893 - 2024

From University of Chicago Press
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Volume 131, issue 12, 2023

Intermediation and Voluntary Exposure to Counterparty Risk pp. 3267 - 3309

Maryam Farboodi

Centralizing Over-the-Counter Markets? pp. 3310 - 3351

Jason Allen and Milena Wittwer

Reserve Prices in Internet Advertising Auctions: A Field Experiment pp. 3352 - 3376

Michael Ostrovsky and Michael Schwarz

Learning Efficiency of Multiagent Information Structures pp. 3377 - 3414

Mira Frick, Ryota Iijima and Yuhta Ishii

Experimental Tests of Rational Inattention pp. 3415 - 3461

Mark Dean and Nathaniel Neligh

Supply Chain Resilience: Should Policy Promote International Diversification or Reshoring? pp. 3462 - 3496

Gene M. Grossman, Elhanan Helpman and Hugo Lhuillier

Multidimensional Sorting under Random Search pp. 3497 - 3539

Ilse Lindenlaub and Fabien Postel-Vinay

Volume 131, issue 11, 2023

Optimal Dynamic Mediation pp. 2969 - 3002

Jack Fanning

Shocks and Technology Adoption: Evidence from Electronic Payment Systems pp. 3003 - 3065

Nicolas Crouzet, Apoorv Gupta and Filippo Mezzanotti

Information Frictions, Reputation, and Sovereign Spreads pp. 3066 - 3102

Juan Morelli and Matias Moretti

Gainers and Losers in Priority Services pp. 3103 - 3155

Alex Gershkov and Eyal Winter

Disability Insurance Income Saves Lives pp. 3156 - 3185

Alexander Gelber, Timothy Moore, Zhuan Pei and Alexander Strand

Informed Information Design pp. 3186 - 3232

Frederic Koessler and Vasiliki Skreta

Public Debt as Private Liquidity: Optimal Policy pp. 3233 - 3264

George-Marios Angeletos, Fabrice Collard and Harris Dellas

Volume 131, issue 10, 2023

Nobel Lecture: Financial Intermediaries and Financial Crises pp. 2597 - 2622

Douglas W. Diamond

Nobel Lecture: Multiple Equilibria pp. 2623 - 2644

Philip Dybvig

Multiproduct Cost Pass-Through: Edgeworth’s Paradox Revisited pp. 2645 - 2665

Mark Armstrong and John Vickers

Information Acquisition, Efficiency, and Nonfundamental Volatility pp. 2666 - 2723

Benjamin Hebert and Jennifer La’O

Educational Attainment and Intergenerational Mobility: A Polygenic Score Analysis pp. 2724 - 2779

Aldo Rustichini, William G. Iacono, James J. Lee and Matt McGue

Labor Market Conflict and the Decline of the Rust Belt pp. 2780 - 2824

Simeon D. Alder, David Lagakos and Lee Ohanian

Sovereign Debt Ratchets and Welfare Destruction pp. 2825 - 2892

Peter DeMarzo, Zhiguo He and Fabrice Tourre

Multidimensional Premarital Investments with Imperfect Commitment pp. 2893 - 2919

V. Bhaskar, Wenchao Li and Junjian Yi

Incentives and Performance with Optimal Money Management Contracts pp. 2920 - 2968

Stefano Pegoraro

Volume 131, issue 9, 2023

Firm-Embedded Productivity and Cross-Country Income Differences pp. 2289 - 2327

Vanessa Alviarez, Javier Cravino and Natalia Ramondo

Fiscal Stimulus under Sovereign Risk pp. 2328 - 2369

Javier Bianchi, Pablo Ottonello and Ignacio Presno

No Kin in the Game: Moral Hazard and War in the US Congress pp. 2370 - 2401

Eoin McGuirk, Nathaniel Hilger and Nicholas Miller

Collective Progress: Dynamics of Exit Waves pp. 2402 - 2450

Esat Doruk Cetemen, Can Urgun and Leeat Yariv

Local Evidence and Diversity in Minipublics pp. 2451 - 2508

Arjada Bardhi and Nina Bobkova

Trade, Technology, and Agricultural Productivity pp. 2509 - 2555

Farid Farrokhi and Heitor Pellegrina

The Stakeholder Corporation and Social Welfare pp. 2556 - 2594

Marc Fleurbaey and Gregory Ponthiere

Volume 131, issue 8, 2023

Understanding Cross-Country Differences in Health Status and Expenditures: Health Prices Matter pp. 1949 - 1993

Raquel Fonseca, Francois Langot, Pierre-Carl Michaud and Thepthida Sopraseuth

Recipes and Economic Growth: A Combinatorial March Down an Exponential Tail pp. 1994 - 2031

Charles Jones

Identifying the Effect of Persuasion pp. 2032 - 2058

Sung Jae Jun and Sokbae (Simon) Lee

What Happened to US Business Dynamism? pp. 2059 - 2124

Ufuk Akcigit and Sina T. Ates

Determinacy without the Taylor Principle pp. 2125 - 2164

George-Marios Angeletos and Chen Lian

Returns to On-the-Job Soft Skills Training pp. 2165 - 2208

Achyuta Adhvaryu, Namrata Kala and Anant Nyshadham

Dynamic Bank Expansion: Spatial Growth, Financial Access, and Inequality pp. 2209 - 2275

Yan Ji, Songyuan Teng and Robert M. Townsend

Cooperative Property Rights and Development: Evidence from Land Reform in El Salvador: A Comment pp. 2276 - 2285

Anders Kjelsrud, Andreas Kotsadam and Ole Rogeberg

Erratum: Cooperative Property Rights and Development: Evidence from Land Reform in El Salvador pp. 2286 - 2287

Eduardo Montero

Volume 131, issue 7, 2023

How Costly Are Markups? pp. 1619 - 1675

Chris Edmond, Virgiliu Midrigan and Daniel Yi Xu

Optimal Deposit Insurance pp. 1676 - 1730

Eduardo Davila and Itay Goldstein

The Conservation Multiplier pp. 1731 - 1771

Bard Harstad

Learning and Money Adoption pp. 1772 - 1796

Michael Choi and Fan Liang

Keeping the Listener Engaged: A Dynamic Model of Bayesian Persuasion pp. 1797 - 1844

Yeon-Koo Che, Kyungmin Kim and Konrad Mierendorff

Patent Publication and Innovation pp. 1845 - 1903

Deepak Hegde, Kyle Herkenhoff and Chenqi Zhu

Pareto-Improving Optimal Capital and Labor Taxes pp. 1904 - 1946

Katharina Greulich, Sarolta Laczó and Albert Marcet

Volume 131, issue 6, 2023

Partial Default pp. 1385 - 1439

Cristina Arellano, Xavier Mateos-Planas and José-Víctor Ríos-Rull

The Equilibrium Existence Duality pp. 1440 - 1476

Elizabeth Baldwin, Ravi Jagadeesan, Paul Klemperer and Alexander Teytelboym

The Lasting Effects of Early-Childhood Education on Promoting the Skills and Social Mobility of Disadvantaged African Americans and Their Children pp. 1477 - 1506

Jorge Luis Garcia, James Heckman and Victor Ronda

The Mainstreaming of Marx: Measuring the Effect of the Russian Revolution on Karl Marx’s Influence pp. 1507 - 1545

Phillip W. Magness and Michael Makovi

Pareto-Improving Segmentation of Multiproduct Markets pp. 1546 - 1575

Nima Haghpanah and Ron Siegel

Voluntary Interaction and the Principle of Mutual Benefit pp. 1576 - 1616

Andrea Isoni, Robert Sugden and Jiwei Zheng

Volume 131, issue 5, 2023

Partial Identification in Matching Models for the Marriage Market pp. 1109 - 1171

Cristina Gualdani and Shruti Sinha

Asset Safety versus Asset Liquidity pp. 1172 - 1212

Athanasios Geromichalos, Lucas Herrenbrueck and Sukjoon Lee

Bank Market Power and Central Bank Digital Currency: Theory and Quantitative Assessment pp. 1213 - 1248

Jonathan Chiu, Seyed Mohammadreza Davoodalhosseini, Janet Jiang and Yu Zhu

US Inequality and Fiscal Progressivity: An Intragenerational Accounting pp. 1249 - 1293

Alan Auerbach, Laurence J. Kotlikoff and Darryl Koehler

Common Ownership, Competition, and Top Management Incentives pp. 1294 - 1355

Miguel Antón, Florian Ederer, Mireia Giné and Martin Schmalz

Tax Smoothing in Frictional Labor Markets: A Comment pp. 1356 - 1371

Mehrab Kiarsi

Tax Smoothing in Frictional Labor Markets: A Reply pp. 1372 - 1382

David Arseneau and Sanjay Chugh

Volume 131, issue 4, 2023

Heterogeneity and Asset Prices: An Intergenerational Approach pp. 839 - 876

Nicolae Gârleanu and Stavros Panageas

Distinctively Black Names and Educational Outcomes pp. 877 - 897

Daniel Kreisman and Jonathan Smith

Social Networks with Unobserved Links pp. 898 - 946

Arthur Lewbel, Xi Qu and Xun Tang

Self-Fulfilling Prophecies, Quasi Nonergodicity, and Wealth Inequality pp. 947 - 993

Jean-Philippe Bouchaud and Roger Farmer

Race, Representation, and Local Governments in the US South: The Effect of the Voting Rights Act pp. 994 - 1056

Andrea Bernini, Giovanni Facchini and Cecilia Testa

The Multidimensional Impact of Teachers on Students pp. 1057 - 1107

Nathan Petek and Nolan Pope

Volume 131, issue 3, 2023

Risk-Sharing Externalities pp. 595 - 632

Luigi Bocola and Guido Lorenzoni

What Do Employee Referral Programs Do? Measuring the Direct and Overall Effects of a Management Practice pp. 633 - 686

Guido Friebel, Matthias Heinz, Mitchell Hoffman and Nick Zubanov

Mixture Choice Data: Revealing Preferences and Cognition pp. 687 - 715

Valentino Dardanoni, Paola Manzini, Marco Mariotti, Henrik Petri and Christopher Tyson

Progressive Random Choice pp. 716 - 750

Emel Filiz-Ozbay and Yusufcan Masatlioglu

When Parents Decide: Gender Differences in Competitiveness pp. 751 - 801

Jonas Tungodden and Alexander Willén

Informationally Simple Incentives pp. 802 - 837

Simon Gleyze and Agathe Pernoud

Volume 131, issue 2, 2023

Consumption and Income Inequality in the United States since the 1960s pp. 247 - 284

Bruce D. Meyer and James Sullivan

Getting Dynamic Implementation to Work pp. 285 - 387

Yi-Chun Chen, Richard Holden, Takashi Kunimoto, Yifei Sun and Tom Wilkening

The Performance of School Assignment Mechanisms in Practice pp. 388 - 455

Monique De Haan, Pieter Gautier, Hessel Oosterbeek and Bas van der Klaauw

Sources of Wage Growth pp. 456 - 503

Jerome Adda and Christian Dustmann

Costless Information and Costly Verification: A Case for Transparency pp. 504 - 548

Deniz Kattwinkel and Jan Knoepfle

Large-Scale Education Reform in General Equilibrium: Regression Discontinuity Evidence from India pp. 549 - 591

Gaurav Khanna

Volume 131, issue 1, 2023

Collective Brand Reputation pp. 1 - 58

Volker Nocke and Roland Strausz

The Mechanics of the Industrial Revolution pp. 59 - 94

Morgan Kelly, Joel Mokyr and Cormac Ó Gráda

Optimal Cooperative Taxation in the Global Economy pp. 95 - 130

V. V. Chari, Juan Pablo Nicolini and Pedro Teles

Personalized Pricing and Consumer Welfare pp. 131 - 189

Jean-Pierre Dubé and Sanjog Misra

A Semistructural Methodology for Policy Counterfactuals pp. 190 - 201

Martin Beraja

Attraction versus Persuasion: Information Provision in Search Markets pp. 202 - 245

Pak Hung Au and Mark Whitmeyer