Accepted Papers

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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The Slaughter of the Bison and Reversal of Fortunes on the Great Plains

Donn. L. Feir, Rob Gillezeau, and Maggie E.C. Jones

In the late nineteenth century, the North American bison was brought to the brink of extinction in just over a decade. We demonstrate that the loss of the bison had immediate, negative consequences for the Native Americans who relied on them and ultimately resulted in a permanent reversal of fortunes. Once amongst the tallest people in the world, the generations of bison-reliant people born after the slaughter lost their entire height advantage.

The Effect of Wealth on Worker Productivity

Jan Eeckhout and Alireza Sepahsalari

We propose a theory that analyzes how a workers’ asset holdings affect their job productivity. In a labor market with uninsurable risk, workers choose to direct their job search trading off productivity and wages against unemployment risk. Workers with low asset holdings have a precautionary job search motive, they direct their search to low productivity jobs because those offer a low risk at the cost of low productivity and a low wage.

Optimal Long-Term Health Insurance Contracts: Characterization, Computation, and Welfare Effects

Soheil Ghili, Benjamin Handel, Igal Hendel, and Michael Whinston

Reclassification risk is a major concern in health insurance where contracts are typically one year in length but health shocks often persist for much longer. While most health systems with private insurers pair short-run contracts with substantial pricing regulations to reduce reclassification risk, long-term contracts with one-sided insurer commitment have significant potential to reduce reclassification risk without the negative side effects of price regulation, such as adverse selection.

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Recently accepted to #REStud, "Revisiting the Non-Parametric Analysis of Time-Inconsistent Preferences," from Echenique and Tserenjigmid:

https://www.restud.com/revisiting-the-non-parametric-analysis-of-time-inconsistent-preferences/

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Recently accepted to #REStud, "Overconfidence and Prejudice," from Heidhues, Kőszegi and Strack:

https://www.restud.com/overconfidence-and-prejudice/

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"Can communities sustain cooperation when players can add or erase signals from their records?
Sufficiently long-lived players can hardly sustain any cooperation, but players w/ intermediate lifespans can sustain some cooperation."

From @harry_toulouse:

https://www.restud.com/community-enforcement-with-endogenous-records/

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Recently accepted to #REStud, "Behavioral Causal Inference," from Ran Spiegler:

https://www.restud.com/behavioral-causal-inference/

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