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Screening with Frames: Implementation in Extensive Form

16 October 2022

Franz Ostrizek and Denis Shishkin

We study a decision-framing design problem: a principal faces an agent with frame-dependent preferences and designs an extensive form with a frame at each stage.

Subsidizing Labor Hoarding in Recessions: The Employment & Welfare Effects of Short Time Work

16 October 2022

Giulia Giupponi and Camille Landais

Short time work (STW) policies provide subsidies for hour reductions to workers in firms experiencing temporary shocks.

Optimal Corporate Taxation Under Financial Frictions

9 October 2022

Eduardo Dávila and Benjamin Hébert

This paper studies the optimal design of corporate taxes when firms have private information about future investment opportunities and face financial constraints.

Career Spillovers in Internal Labor Markets

2 October 2022

Nicola Bianchi, Giulia Bovini, Jin Li, Matteo Paradisi and Michael Powell

This paper studies career spillovers across workers, which arise in firms with limited promotion opportunities.

Moral Universalism and the Structure of Ideology

25 September 2022

Benjamin Enke, Ricardo Rodriguez-Padilla and Florian Zimmermann

Throughout the Western world, people’s policy views are correlated across domains in a strikingly similar fashion.

Opinions as Facts

25 September 2022

Leonardo Bursztyn, Aakaash Rao, Christopher Roth and David Yanagizawa-Drott

The rise of opinion programs has transformed television news. Because they present anchors’ subjective commentary and analysis, opinion programs often convey conflicting narratives about reality.

Optimal Environmental Targeting in the Amazon Rainforest

25 September 2022

Juliano Assuncao, Robert McMillan, Joshua Murphy and Eduardo Souza-Rodrigues

This paper sets out a data-driven approach for targeting environmental policies optimally in order to combat deforestation.

Time Consistency and Duration of Government Debt: A Model of Quantitative Easing

5 September 2022

Saroj Bhattarai, Gauti B. Eggertsson and Bulat Gafarov

This paper presents a model of quantitative easing (QE) at the zero lower bound (ZLB) on the short-term nominal interest rate.

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More evidence that changing the UI system has large effects on inflows to unemployment. We document the importance of this separation rate channel for 🇩🇪 after the Hartz reforms & explain its importance using economic theory. @BenjaminHartung @makro_philip

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📣Finally out in #Restud our paper “Bewley Banks” - with great @RustamJamilov

A model with incomplete insurance, heterogeneous *banks*, idiosyncratic risk and aggregate uncertainty.

Analog for banks of Bewley-Aiyagari-Krusell-Smith setup for consumers.👇#econtwitter

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Recently accepted to #REStud, "Women in the Courtroom: Technology and Justice," from Heng Chen, Yuyu Chen and Yang:

https://www.restud.com/women-in-the-courtroom-technology-and-justice/

#econtwitter
#justice #GenderBias #JudicialReform

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Recently accepted to #REStud, "The Geography of Business Dynamism and Skill-Biased Technical Change," from Hannah Rubinton:

https://www.restud.com/the-geography-of-business-dynamism-and-skill-biased-technical-change/

#econtwitter

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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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