蝌蚪网

Leniency Designs: An Operator's Manual

[Symposium: Instrumental Variables]

By Paul Goldsmith-Pinkham, Peter Hull, and Michal 碍辞濒别蝉谩谤

Journal of Economic Perspectives, Summer 2026

We develop a step-by-step guide to leniency (a.k.a. judge or examiner instrument) designs, drawing on recent econometric literatures. The unbiased jackknife instrumental variables estimator (UJIVE) is purpose-built for leveraging exogenous leniency variat...

Stefanie Stantcheva, 2025 Clark Medalist

By James Poterba and 滨惫谩苍 Werning

Journal of Economic Perspectives, Summer 2026

The 蝌蚪网 awarded the 2025 John Bates Clark Medal to Stefanie Stantcheva of Harvard University. Her research ranges widely in the field of public economics. It includes theoretical contributions to optimal income taxation, empirica...

The Incidence of Tariffs: Rates and Reality

[Symposium: Tariffs]

By Gita Gopinath and Brent Neiman

Journal of Economic Perspectives, Summer 2026

In 2025, statutory tariff rates on US imports rose to levels not seen in over one hundred years. What were the implications for prices? On the one hand, shipping lags, exemptions, and enforcement gaps kept the actual implemented rates at only half of the ...

US Tariff Policy since 1789

[Symposium: Tariffs]

By Miguel Acosta, Lydia Cox, Andrew Greenland, John Lopresti, Christopher M. Meissner, Martin Rotemberg, and Sharon Traiberman

Journal of Economic Perspectives, Summer 2026

We use a newly assembled, tariff-line-level dataset spanning the full history of US trade policy to revisit the evolution of tariffs since 1789. We document the institutional shift from Congressional setting to multilateral negotiation, the steady growth ...

Labor Market Responses to Tariffs: Frictions, Dynamics, and Policy Responses

[Symposium: Tariffs]

By Rafael Dix-Carneiro and Brian K. Kovak

Journal of Economic Perspectives, Summer 2026

This article introduces the evidence and associated modeling frameworks contemporary economists use to understand the effects of trade and trade policy on labor markets, with a particular emphasis on labor-market frictions and adjustment dynamics. The eff...

Evaluating the Fiscal and Distributional Implications of Tariffs

[Symposium: Tariffs]

By Kyle Pomerleau and Erica York

Journal of Economic Perspectives, Summer 2026

The Trump administration has enacted a series of significant taxes on imports, including an across-the-board tariff on nearly all imports. Tariffs are now expected to raise nearly 1 percent of GDP in revenue. Given tariffs' growing importance as a source ...

Should We Tax Trade? A Pigouvian Perspective

[Symposium: Tariffs]

By Arnaud Costinot and 滨惫谩苍 Werning

Journal of Economic Perspectives, Summer 2026

We develop a simple and intuitive Pigouvian perspective on optimal trade policy. Our approach unifies a wide range of rationales for taxing trade, from the classical optimal tariff argument to contemporary debates about global carbon emissions and geopoli...

AI and Our Economic Future

[Symposium: Artificial Intelligence]

By Charles I. Jones

Journal of Economic Perspectives, Summer 2026

Artificial intelligence (AI) will likely be the most transformative technology of the modern era. What if machines鈥擜I for cognitive tasks and AI plus advanced robots for physical tasks鈥攃an perform every task a human can? This essay makes three main po...

The Emerging Market for Intelligence: How Firms Buy and Sell AI

[Symposium: Artificial Intelligence]

By Mert Demirer, Andrey Fradkin, and Nadav Tadelis

Journal of Economic Perspectives, Summer 2026

We describe the emerging business-to-business market for large language model (LLM) inference and document key empirical patterns in its supply, pricing, and dynamics, using data from OpenRouter. First, supply has expanded rapidly: the number of commercia...

Global Imbalances, Tariffs, and Industrial Policy

[Symposium: Tariffs]

By Pierre-Olivier Gourinchas, Gene Kindberg-Hanlon, Manasa Patnam, Lorenzo Rotunno, and Michele Ruta

Journal of Economic Perspectives, Summer 2026

Global imbalances denote the distribution of countries' current account balances, identically equal to the difference between two forward-looking aggregate variables: national saving and domestic investment. Industrial and trade policies have traditionall...

Recommendations for Further Reading

By Timothy Taylor

Journal of Economic Perspectives, Summer 2026

Front Matter

Journal of Economic Perspectives, Summer 2026

Nonresident Tuition and Human Capital Flows: Evidence from a Lottery

By Daniel Firoozi

蝌蚪网 Journal: Economic Policy

I use a randomized controlled trial to study how nonresident tuition affects where highly skilled workers eventually live and work. For every $10,000 of tuition relief, the university receives $1,903 from increased enrollment and loses $2,738 from reduc...

Reproducible Aggregation of Sample-Split Statistics

By David M. Ritzwoller and Joseph P. Romano

蝌蚪网 Review

Statistical inference is often simplified by sample-splitting. This simplification comes at the cost of the introduction of randomness not native to the data. We propose a simple procedure for sequentially aggregating statistics constructed with multipl...

(Visualizing) Plausible Treatment Effect Paths

By Simon Freyaldenhoven and Christian Hansen

蝌蚪网 Review: Insights

We study inference on dynamic treatment effects. We propose simple additions to standard visualizations aimed at enhancing their informativeness. First, we recommend reporting joint hypothesis tests and summary measures that are often of direct interest...

Gender and the Dismal Science: Women in the Early Years of the Economics Profession by Ann Mari May

By Donna K. Ginther

Journal of Economic Literature

JEP Recommendations for Further Reading

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Readings useful to teachers, as well as other articles that are of broader cultural interest.

Truth Elicitation in a Nonstrategic Environment

By Jacob Glazer and Ariel Rubinstein

蝌蚪网 Review

A principal decides which party deserves a prize. Only the parties observe the state that determines who is deserving. The principal gives each party a text describing the conditions under which that party deserves the prize, and asks each to report th...

CTREE Conference 2027

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June 2-4, 2027 | Washington D.C.

Committee on Economic Education

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