Review of Economic Studies

Article	Citations
Capital Regulation and Shadow Finance: A Quantitative Analysis	536
Optimal Long-Term Health Insurance Contracts: Characterization, Computation, and Welfare Effects	511
An Equilibrium Analysis of the Long-Term Care Insurance Market	204
Cascades and Fluctuations in an Economy with an Endogenous Production Network	173
Trade Wars, Nominal Rigidities, and Monetary Policy	150
Identification and Inference in First-Price Auctions with Risk-Averse Bidders and Selective Entry	128
Left-Digit Bias at Lyft	96
On the Use of Outcome Tests for Detecting Bias in Decision Making	96
Estimating Production Functions of Multiproduct Firms	95
The Causes of Ukrainian Famine Mortality, 1932–33	89
Intelligence, Errors, and Cooperation in Repeated Interactions	87
Subjective Models of the Macroeconomy: Evidence From Experts and Representative Samples	77
Identifying Network Ties from Panel Data: Theory and an Application to Tax Competition	69
Correction to: The U.K. as a Technological Follower: Higher Education Expansion and the College Wage Premium	67
How Exporters Grow	60
Informal Risk Sharing with Local Information	60
Barriers to Entry and Regional Economic Growth in China	58
Caught between Cultures: Unintended Consequences of Improving Opportunity for Immigrant Girls	58
Job Displacement, Unemployment Benefits and Domestic Violence	58
The U.S., Economic News, and the Global Financial Cycle	57
Pareto Improvements in the Contest for College Admissions	54
A Dynamic Theory of Random Price Discounts	52
A More Credible Approach to Parallel Trends	51
Retractions: Updating from Complex Information	49
Correction to: Financial Cycles with Heterogeneous Intermediaries	47

Model Complexity, Expectations, and Asset Prices	46
Unequal Expenditure Switching: Evidence from Switzerland	46
The Micro and Macro Effects of Changes in the Potential Benefit Duration	45
Are Marriage-Related Taxes and Social Security Benefits Holding Back Female Labour Supply?	44
Credit Allocation and Macroeconomic Fluctuations	44
Infrequent Random Portfolio Decisions in an Open Economy Model	44
An Instrumental Variable Approach to Dynamic Models	44
Optimal Pricing of a New Utility Service: The Case of Piped Water in Vietnam	43
Efficient Conservation of the Brazilian Amazon: Estimates from a Dynamic Model	43
How Do Digital Advertising Auctions Impact Product Prices?	42
Fines and Financial Wellbeing	41
The Dynamics of Return Migration, Human Capital Accumulation, and Wage Assimilation	41
Beyond Dividing the Pie: Multi-Issue Bargaining in the Laboratory	41
Affiliated Common Value Auctions with Costly Entry	40
What is a Good School, and Can Parents Tell? Evidence on the Multidimensionality of School Output	40
“Since You’re So Rich, You Must Be Really Smart”: Talent, Rent Sharing, and the Finance Wage Premium	40
Wealth Inequality and Asset Prices	39
A Dynamic Model of Authoritarian Social Control	39
Stock Market Participation, Inequality, and Monetary Policy	38
Gang Rule: Understanding and Countering Criminal Governance	37
Quantifying the Benefits of Labour Mobility in a Currency Union	37
Fiscal Multipliers and Foreign Holdings of Public Debt	36
More Than a Penny’s Worth: Left-Digit Bias and Firm Pricing	35
Product Life Cycle, Learning, and Nominal Shocks	35
Survey Data and Subjective Beliefs in Business Cycle Models	35
Coordinated Capacity Reductions and Public Communication in the Airline Industry	34
Expectations and Learning from Prices	34
The Gift of Moving: Intergenerational Consequences of a Mobility Shock	33
Are High-Interest Loans Predatory? Theory and Evidence from Payday Lending	33
Motives and Consequences of Libor Strategic Reporting: How Much Can We Learn from Banks’ Self-Reported Borrowing Rates?	32
Endogenous Clustering and Analogy-Based Expectation Equilibrium	31
A Network Solution to Robust Implementation: The Case of Identical but Unknown Distributions	31
Retraction of: Growing up in a Recession	31
Inference for Ranks with Applications to Mobility across Neighbourhoods and Academic Achievement across Countries	31
Overcoming Free-Riding in Bandit Games	30
Hinterlands, City Formation and Growth: Evidence from the U.S. Westward Expansion	29
Diagnostic Business Cycles	29
Hiring as Exploration	29
Risk Premium Shocks Can Create Inefficient Recessions	29
Policy Targeting under Network Interference	29
Incorporating Diagnostic Expectations into the New Keynesian Framework	28
Folk Theorem in Repeated Games with Private Monitoring	28
We Are All Behavioural, More, or Less: A Taxonomy of Consumer Decision-Making	28
International Spillovers and Local Credit Cycles	27
Liquidity Constraints in the U.S. Housing Market	27
The Impact of Car Pollution on Infant and Child Health: Evidence from Emissions Cheating	27
Using Bid Rotation and Incumbency to Detect Collusion: A Regression Discontinuity Approach	26
Robust Implementation with Costly Information	26
The Lost Capital Asset Pricing Model	26
Fair Matching under Constraints: Theory and Applications	26

Information Spillovers and Sovereign Debt: Theory Meets the Eurozone Crisis	26
Private Sector Provision as an “Escape Valve”: The Mexico Diabetes Experiment	26
Endogenous Uncertainty and Credit Crunches	26
Path Dependency in Physician Decisions	25
Arbitration with Uninformed Consumers	25
Unemployment Insurance Reforms and Labour Market Dynamics	25
Which Investors Matter for Equity Valuations and Expected Returns?	24
Using Disasters to Estimate the Impact of Uncertainty	24
Falling Interest Rates and Credit Reallocation: Lessons from General Equilibrium	24
Trust in Risk Sharing: A Double-Edged Sword	23
Excess Capacity and Demand-Driven Business Cycles	23
When Less Is More: Experimental Evidence on Information Delivery During India’s Demonetisation	23
Wealth Taxation and Household Saving: Evidence from Assessment Discontinuities in Norway	23
Wage Risk and Government and Spousal Insurance	23
How People Use Statistics	22
Managerial Quality and Productivity Dynamics	22
Demand and Welfare Analysis in Discrete Choice Models with Social Interactions	22
Concentration Bias in Intertemporal Choice	21
Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinance Program	21
A Structural Analysis of Mental Health and Labour Market Trajectories	21
Finite Sample Inference for the Maximum Score Estimand	20
Revisiting Event-Study Designs: Robust and Efficient Estimation	20
Correction to: Understanding Cultural Persistence and Change	20
A World Equilibrium Model of the Oil Market	20
Belief Identification by Proxy	20
In Memoriam Emmanuel Farhi	20
Unemployment Insurance in Macroeconomic Stabilization	20
Globalization, Gender, and the Family	19
Stability in Large Markets	19
The Size and Life-Cycle Growth of Plants: The Role of Productivity, Demand, and Wedges	19
Sentimental Business Cycles	19
Regional Consumption Responses and the Aggregate Fiscal Multiplier	19
Yogurts Choose Consumers? Estimation of Random-Utility Models via Two-Sided Matching	19
Interventions and Cognitive Spillovers	18
Public Listing Choice with Persistent Hidden Information	18
Correction: regarding Article History dates for articles on journal Review of Economic Studies	18
Attention Utility: Evidence from Individual Investors	18
Surviving Childhood: Effects of Removing a Child From Home	17
Should We Prevent Off-Label Drug Prescriptions? Empirical Evidence from France	17
A Theory of Participation in OTC and Centralized Markets	17
The Elusive Gains from Nationally Oriented Monetary Policy	17
A Macro-Finance Model with Sentiment	17
Feedback and Learning: The Causal Effects of Reversals on Judicial Decision-Making	17
Dynamic Asset-Backed Security Design	17
Market Power in Neoclassical Growth Models	17
Valuing the Time of the Self-Employed	16
A Theory of Socially Responsible Investment	16
A Theory of Falling Growth and Rising Rents	16
Firm Dynamics, On-the-Job Search, and Labor Market Fluctuations	16
The Economics and Econometrics of Gene–Environment Interplay	15
When Less is More: Improving Choices in Health Insurance Markets	15
Inefficient Automation	15
Tax Policy and Lumpy Investment Behaviour: Evidence from China’s VAT Reform	15
Reputation Building under Observational Learning	15
The Cost of Wage Rigidity	15
Gender Preferences in Job Vacancies and Workplace Gender Diversity	15
Income Growth and the Distributional Effects of Urban Spatial Sorting	15
International Comovement in the Global Production Network	15
Equilibrium Analysis in Behavioural One-Sector Growth Models	15
Culture and the Historical Fertility Transition	14
Correction to: Inference for Ranks with Applications to Mobility across Neighbourhoods and Academic Achievement across Countries	14
Lending Relationships and Optimal Monetary Policy	14
Policy Effects of International Taxation on Firm Dynamics and Capital Structure	14
A Welfare Analysis of Occupational Licensing in U.S. States	13
Convicting Corrupt Officials: Evidence from Randomly Assigned Cases	13
Cupid’s Invisible Hand: Social Surplus and Identification in Matching Models	13
The Welfare Effects of Transportation Infrastructure Improvements	13
Voluntary Disclosure in Asymmetric Contests	13
A Theory of Cash Flow-Based Financing with Distress Resolution	13
The Transmission of Commodity Price Super-Cycles	13
Designing Interrogations	13
Auctioning Long-Term Projects under Financial Constraints	13
Recovering Investor Expectations from Demand for Index Funds	13
Consumer Search and Prices in the Automobile Market	13
Wall Street and Silicon Valley: A Delicate Interaction	12
Taxes and Growth: New Narrative Evidence from Interwar Britain	12
“Bid Shopping” in Procurement Auctions with Subcontracting	12
Follow the Money	12
Innovation and Strategic Network Formation	12
The Unavoidability of Low Inflation–Low Output Traps	12

The Impact of Online Competition on Local Newspapers: Evidence from the Introduction of Craigslist	12
Optimal Environmental Targeting in the Amazon Rainforest	12
Employer Credit Checks: Poverty Traps Versus Matching Efficiency	11
The Economics of Financial Stress	11
Consumer Surplus of Alternative Payment Methods	11
The Heterogeneous Effects of Government Spending: It’s All About Taxes	11
Untying the Knot: How Child Support and Alimony Affect Couples’ Dynamic Decisions and Welfare	11
Welfare and Redistribution in Residential Electricity Markets with Solar Power	11
The Emergence of Market Structure	10
“You Will:” A Macroeconomic Analysis of Digital Advertising	10
Optimal Fiscal Policy in a Model with Uninsurable Idiosyncratic Income Risk	10
Structural Breaks in an Endogenous Growth Model	10
Outside Options in the Labour Market	10
Measuring Diffusion Over a Large Network	10
Central Bank Swap Lines: Evidence on the Effects of the Lender of Last Resort	10
State Building in a Diverse Society	10
Rationalizability, Observability, and Common Knowledge	10
Revisiting the Non-Parametric Analysis of Time-Inconsistent Preferences	10
Labour Market Screening and the Design of Social Insurance: An Equilibrium Analysis of the Labour Market for the Disabled	10
Does Pricing Carbon Mitigate Climate Change? Firm-Level Evidence from the European Union Emissions Trading System	10
An Information-based Theory of Financial Intermediation	10
Agenda-Manipulation in Ranking	10
The Value of Privacy in Cartels: An Analysis of the Inner Workings of a Bidding Ring	9
No Free Lunch? Welfare Analysis of Firms Selling Through Expert Intermediaries	9
Markups and Inequality	9
Pseudo Lindahl Equilibrium as a Collective Choice Rule	9
Coordination and Continuous Stochastic Choice	9
Price Discrimination in the Information Age: Prices, Poaching, and Privacy with Personalized Targeted Discounts	9
Security Design in Non-Exclusive Markets with Asymmetric Information	9
Competition and Career Advancement	9
Brokering Votes with Information Spread Via Social Networks	9
Discrimination in Hiring: Evidence from Retail Sales	9
Stratification Trees for Adaptive Randomisation in Randomised Controlled Trials	9
Correction: Hinterlands, City Formation and Growth: Evidence from the U.S. Westward Expansion	8
Behavioural Responses to Wealth Taxation: Evidence from Colombia	8
Community Enforcement with Endogenous Records	8
Job Applications and Labour Market Flows	8
Contingent Thinking and the Sure-Thing Principle: Revisiting Classic Anomalies in the Laboratory	8
Worker Mobility in Production Networks	8
Resolving Failed Banks: Uncertainty, Multiple Bidding and Auction Design	8
Price Discrimination in International Airline Markets	8
Trauma at School: The Impacts of Shootings on Students’ Human Capital and Economic Outcomes	8
“Bad” Oil, “Worse” Oil, and Carbon Misallocation	7
Strategic Exploration: Pre-emption and Prioritization	7
The Value of Data Records	7
Continuous-Time Games with Imperfect and Abrupt Information	7
Search Complementarities, Aggregate Fluctuations, and Fiscal Policy	7
Estimating Intergenerational and Assortative Processes in Extended Family Data	7
Information and Bargaining through Agents: Experimental Evidence from Mexico’s Labour Courts	7
Overconfidence and Prejudice	7
Who Bears the Welfare Costs of Monopoly? The Case of the Credit Card Industry	7
The Macroeconomics of Supply Chain Disruptions	7
Counterfactual Identification and Latent Space Enumeration in Discrete Outcome Models	6
Human Capital, Female Employment, and Electricity: Evidence from the Early 20th-Century United States	6
Heterogeneous Paths of Industrialization	6
Market Power and Price Informativeness	6
Correction to: Job Displacement, Unemployment Benefits and Domestic Violence	6
Regulating Carry Trades: Evidence from Foreign Currency Borrowing of Corporations in India	6
Talent, Geography, and Offshore R&D	6
Financial Regulation in a Quantitative Model of the Modern Banking System	6
Matching in Dynamic Imbalanced Markets	6
Moral Universalism and the Structure of Ideology	6
Hazed and Confused: The Effect of Air Pollution on Dementia	6
Fixed Effects and the Generalized Mundlak Estimator	6
How to Sample and When to Stop Sampling: The Generalised Wald Problem and Minimax Policies	6
Marriage Market and Labour Market Sorting	6
A Network Formation Model Based on Subgraphs	6