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The Review of Economic Studies is one of the most highly respected academic journals in the field of economics. It is known for publishing leading research in all areas of economics, from microeconomics to macroeconomics. The journal is published by the Oxford University Press.

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New

Using Disasters to Estimate the Impact of Uncertainty

20 March 2023

Scott R Baker, Nicholas Bloom, and Stephen Terry

Uncertainty rises in recessions and falls in booms. But what is the causal relationship? We construct cross-country panel data on stock market returns to proxy for first- and second-moment shocks and instrument these with natural disasters, terrorist attacks, and political shocks.

New

Price Discrimination in International Airline Markets

20 March 2023

Gaurab Aryal, Charles Murry, and Jonathan W. Williams

We develop a model of inter-temporal and intra-temporal price discrimination by monopoly airlines to study the ability of different discriminatory pricing mechanisms to increase efficiency and the associated distributional implications.

New

Energy Efficiency and Directed Technical Change: Implications for Climate Change Mitigation

16 March 2023

Gregory Casey

I develop a directed technical change model of economic growth and energy efficiency in order to study the impact of climate change mitigation policies on energy use.

New

How the Other Half Died: Immigration and Mortality in US Cities

6 March 2023

Philipp Ager, James J. Feigenbaum, Casper Worm Hansen, and Hui Ren Tan

Fears of immigrants as a threat to public health have a long and sordid history. At the turn of the 20th century, when immigrants made up one-third of the population in crowded American cities, contemporaries blamed high urban mortality rates on the newest arrivals.

New

Misspecified Moment Inequality Models: Inference and Diagnostics

27 February 2023

Donald Andrews and Soonwoo Kwon

This paper is concerned with possible model misspecification in moment inequality models. Two issues are addressed.

New

Monetary Policy and Birth Rates: The Effect of Mortgage Rate Pass-through on Fertility

27 February 2023

Fergus Cumming and Lisa Dettling

This paper examines whether monetary policy pass-through to mortgage interest rates affects household fertility decisions.

Beyond Dividing the Pie: Multi-Issue Bargaining in the Laboratory

21 February 2023

Olivier Bochet, Manshu Khanna, and Simon Siegenthaler

We design a laboratory experiment to study bargaining behavior when negotiations involve multiple issues. Parties must discover both trading prices and agreement scopes, giving rise to unexplored information structures and bargaining strategies.

Liberty, Security, and Accountability: The Rise and Fall of Illiberal Democracies

21 February 2023

Gabriele Gratton and Barton E. Lee

We study a model of the rise and fall of illiberal democracies. Voters value both liberty and economic security. In times of crisis, voters may prefer to elect an illiberal government that, by violating constitutional constraints, offers greater economic security but less liberty.

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reveconstudies The Review of Economic Studies @reveconstudies ·
24h

``Airlines dynamically price and screen passengers, which generates 77% of first-best welfare. The difference is due mostly to passengers' private valuations, not stochastic demand.''

From @aryal_ga, @charliemurry and @J2dubyas:

https://www.restud.com/price-discrimination-in-international-airline-markets/

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reveconstudies The Review of Economic Studies @reveconstudies ·
23 Mar

2023 REStud tour plan and names of the tourists are out. Check it out in the REStud website.

We are going to post summaries of their research in the coming days. Stay tuned!

https://www.restud.com/restud-tour-2023-tourists-announced/

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reveconstudies The Review of Economic Studies @reveconstudies ·
23 Mar

If you're a graduate student or early career researcher in Economics, based in Ukraine (now or before 24th Feb), you can apply for financial aid offered by
@RevEconStudies, @kse_ua & @UglobalU for your visit or research. Rolling basis.

To find out more:
https://kse.ua/ua/kse-program/restud/

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reveconstudies The Review of Economic Studies @reveconstudies ·
22 Mar

Recently published in REStud, ``Using Disasters to Estimate the Impact of Uncertainty'', from Baker, Bloom, and Terry:

https://www.restud.com/using-disasters-to-estimate-the-impact-of-uncertainty/

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reveconstudies The Review of Economic Studies @reveconstudies ·
16 Mar

Recently accepted to REStud, ``Energy Efficiency and Directed Technical Change: Implications for Climate Change Mitigation", by Gregory Casey.

https://www.restud.com/energy-efficiency-and-directed-technical-change-implications-for-climate-change-mitigation/

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joanllull_econ Joan Llull (Econ) @joanllull_econ ·
9 Mar

This 👇 is exactly what @AeaData does for @AEAjournals, @korenmiklos does for @RevEconStudies, and I do for @EJ_RES and EctJ @RoyalEconSoc. They are called reproducibility checks, and they are a necessary step for replication @p_morrow_UofT (1/9)
https://twitter.com/p_morrow_UofT/status/1633559676049833984

Peter Morrow @p_morrow_UofT

@fscoamodio @momin_rayhan @AeaData To be fair, AEA policy is only about whether the code runs whether the resulting results match those in the paper. Making sure things are done "properly" is something that @AeaData does not address. However ensuring that codes are available is a huge step in the right direction.

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reveconstudies The Review of Economic Studies @reveconstudies ·
8 Mar

``We show how immigration quotas reduced infectious mortality in the early 20thC US. The crowded and unfavorable conditions immigrants endured explains the majority of the effect.''

From Ager, @jamesfeigenbaum, Hansen and Tan:

https://www.restud.com/how-the-other-half-died-immigration-and-mortality-in-us-cities/

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reveconstudies The Review of Economic Studies @reveconstudies ·
2 Mar

Recently accepted by REStud, ``Misspecified Moment Inequality Models: Inference and Diagnostics", by Andrews and Kwon:

https://www.restud.com/misspecified-moment-inequality-models-inference-and-diagnostics/

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reveconstudies The Review of Economic Studies @reveconstudies ·
28 Feb

Recently accepted to REStud, ``Monetary Policy and Birth Rates: The Effect of Mortgage Rate Pass-through on Fertility", from Cumming and Dettling:

https://www.restud.com/monetary-policy-and-birth-rates-the-effect-of-mortgage-rate-pass-through-on-fertility/

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reveconstudies The Review of Economic Studies @reveconstudies ·
28 Feb

REStud's redesigned website is live! Check it out:

https://www.restud.com/

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The Review of Economic Studies

The Review was founded in 1933 by a group of Economists from leading UK and US departments. It is now managed by European-based economists.

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The Review of Economic Studies
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