Page 30 – The Review of Economic Studies

REStud Tour 2023 - Tourists announced

REStud Tour 2023 – Tourists announced

22 March 2023

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.

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.

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.

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.

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.

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.

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