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Search Committee for AEJ: Microeconomics Editor

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Beyond Social Death: A Review Essay of Enslavement: Past and Present by Orlando Patterson

By Leonard Wantchekon

Journal of Economic Literature

Enslavement: Past and Present by Orlando Patterson should be required reading for any economist or economic historian interested in long-run development and growth, race, inequality, political economy, or institutional development. Patterson synthe...

Curbing the influence of criminals on public officials

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Better pay for politicians is associated with less corruption in public procurement.

IT investment and the earnings distribution

[Research Highlight]

February 25, 2026

The geographic dimension of wage polarization.

The effects of tariffs on consumer credit terms

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The 2018 steel and aluminum tariffs increased interest rates on auto loans, especially for lower-income consumers.

ASSA 2026 Exhibitors

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Demo Home Test 3

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The First 1,000 Days and Beyond: The Process of Child Development

By Orazio P. Attanasio

Journal of Economic Literature

This paper reviews recent research in the economics of human development, focusing on the early years of life as a critical period for shaping long-term outcomes. Early childhood development is inherently multidimensional: cognitive and socioemotional ski...

Strapped for Cash: The Role of Financial Constraints for Innovating Firms, Misallocation and Aggregate Productivity Growth

By Esther Ann µþø±ô±ð°ù, Andreas Moxnes, and Karen Helene Ulltveit-Moe

òòò½Íø Journal: Macroeconomics

We analyze the impact of reduced financial constraints on innovating firms' performance and access to credit using a reform that allowed firms to use patents as collateral. We develop a theoretical framework to guide the analysis and quantify the aggregat...

Data and Code Availability Policy

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It is the policy of the òòò½Íø to publish papers only if the data and code used in the analysis are clearly and precisely documented and access to the data and code is non-exclusive to the authors.

A short history of Asian immigration

[Research Highlight]

March 10, 2026

Hannah Postel discusses the evolution of Asian immigration to the United States.

òòò½Íø Conference on Teaching and Research in Economic Education (CTREE)

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òòò½Íø Distinguished Economic Education Award

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International Universities Included in the Top 200 of the Shanghai Academic Ranking of World Universities

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Universities Classified as R1 in the Carnegie Classification of Institutions of Higher Education®

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Reputation Effects with Endogenous Records

By Harry Pei

òòò½Íø Journal: Microeconomics

I study how the ability to erase records affects patient players’ returns from building reputations. In my model, a patient seller interacts with a sequence of myopic consumers. The seller is either an honest type who always exerts effort and never er...

Style Guide

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Review these formatting and style guidelines for accepted manuscripts.

Random Utility with Unobservable Alternatives

By Haruki Kono, Kota Saito, and Alec Sandroni

òòò½Íø Review

The random utility model (RUM), a cornerstone in economics, is typically studied under the assumption that choice frequencies of all alternatives are observable. In practice, however, some alternatives have unobservable choice frequencies and are commo...

Uncertainty and Change: Survey Evidence of Firms’ Subjective Beliefs

By ¸éü»å¾±²µ±ð°ù Bachmann, Kai Carstensen, Stefan Lautenbacher, Manuel Menkhoff, and Martin Schneider

òòò½Íø Review

This paper studies how managers plan under uncertainty. In a new panel survey of German manufacturing firms, we observe both forecasts of sales growth and a quantitative measure of subjective uncertainty. We show that subjective uncertainty reflects c...

Cool Cities: The Value of Urban Trees

By Lu Han, Stephan Heblich, Christopher Timmins, and Yanos Zylberberg

òòò½Íø Review: Insights

As urban populations grow, more people face extreme heat, increasing demand for natural cooling. Urban trees offer various amenities, including cooling benefits, yet their economic value is hard to quantify. This paper estimates the implicit value of u...