Review of Economic Studies

Article	Citations
Identifying Network Ties from Panel Data: Theory and an Application to Tax Competition	653
An Equilibrium Analysis of the Long-Term Care Insurance Market	651
On the Use of Outcome Tests for Detecting Bias in Decision Making	221
The Geography of Business Dynamism and Skill-Biased Technical Change	182
The Causes of Ukrainian Famine Mortality, 1932–33	160
Cascades and Fluctuations in an Economy with an Endogenous Production Network	142
Trade Wars, Nominal Rigidities, and Monetary Policy	112
Identification and Inference in First-Price Auctions with Risk-Averse Bidders and Selective Entry	105
Estimating Production Functions of Multiproduct Firms	104
Intelligence, Errors, and Cooperation in Repeated Interactions	99
Capital Regulation and Shadow Finance: A Quantitative Analysis	92
Optimal Long-Term Health Insurance Contracts: Characterization, Computation, and Welfare Effects	75
Left-Digit Bias at Lyft	74
Subjective Models of the Macroeconomy: Evidence From Experts and Representative Samples	66
Pareto Improvements in the Contest for College Admissions	65
Job Displacement, Unemployment Benefits and Domestic Violence	63
A Dynamic Theory of Random Price Discounts	62
Barriers to Entry and Regional Economic Growth in China	60
Correction to: The U.K. as a Technological Follower: Higher Education Expansion and the College Wage Premium	60
Caught between Cultures: Unintended Consequences of Improving Opportunity for Immigrant Girls	58
Informal Risk Sharing with Local Information	55
How Exporters Grow	51
A More Credible Approach to Parallel Trends	51
The U.S., Economic News, and the Global Financial Cycle	51
Retractions: Updating from Complex Information	48

Correction to: Financial Cycles with Heterogeneous Intermediaries	48
Unequal Expenditure Switching: Evidence from Switzerland	48
The Micro and Macro Effects of Changes in the Potential Benefit Duration	48
The Surrogate Index: Combining Short-Term Proxies to Estimate Long-Term Treatment Effects More Rapidly and Precisely	47
Repurchase Options in the Market for Lemons	47
Are Marriage-Related Taxes and Social Security Benefits Holding Back Female Labour Supply?	46
An Instrumental Variable Approach to Dynamic Models	46
Model Complexity, Expectations, and Asset Prices	46
Credit Allocation and Macroeconomic Fluctuations	45
How Do Digital Advertising Auctions Impact Product Prices?	44
“Since You’re So Rich, You Must Be Really Smart”: Talent, Rent Sharing, and the Finance Wage Premium	44
Optimal Pricing of a New Utility Service: The Case of Piped Water in Vietnam	44
Beyond Dividing the Pie: Multi-Issue Bargaining in the Laboratory	44
The Dynamics of Return Migration, Human Capital Accumulation, and Wage Assimilation	43
Fines and Financial Wellbeing	42
Efficient Conservation of the Brazilian Amazon: Estimates from a Dynamic Model	42
Infrequent Random Portfolio Decisions in an Open Economy Model	41
Wealth Inequality and Asset Prices	39
What is a Good School, and Can Parents Tell? Evidence on the Multidimensionality of School Output	39
Affiliated Common Value Auctions with Costly Entry	38
Expectations and Learning from Prices	38
Stock Market Participation, Inequality, and Monetary Policy	37
Product Life Cycle, Learning, and Nominal Shocks	37
Gang Rule: Understanding and Countering Criminal Governance	36
A Dynamic Model of Authoritarian Social Control	35
More Than a Penny’s Worth: Left-Digit Bias and Firm Pricing	35
Survey Data and Subjective Beliefs in Business Cycle Models	34
Coordinated Capacity Reductions and Public Communication in the Airline Industry	34
Quantifying the Benefits of Labour Mobility in a Currency Union	33
Motives and Consequences of Libor Strategic Reporting: How Much Can We Learn from Banks’ Self-Reported Borrowing Rates?	33
Retraction of: Growing up in a Recession	32
Endogenous Clustering and Analogy-Based Expectation Equilibrium	31
A Network Solution to Robust Implementation: The Case of Identical but Unknown Distributions	31
Policy Diffusion and Polarization across U.S. States	30
Endogenous Uncertainty and Credit Crunches	30
Hinterlands, City Formation and Growth: Evidence from the U.S. Westward Expansion	30
Hiring as Exploration	30
Folk Theorem in Repeated Games with Private Monitoring	29
Inference for Ranks with Applications to Mobility across Neighbourhoods and Academic Achievement across Countries	29
The Impact of Car Pollution on Infant and Child Health: Evidence from Emissions Cheating	28
Overcoming Free-Riding in Bandit Games	28
Incorporating Diagnostic Expectations into the New Keynesian Framework	28
Policy Targeting under Network Interference	28
Diagnostic Business Cycles	26
We Are All Behavioural, More, or Less: A Taxonomy of Consumer Decision-Making	26
Falling Interest Rates and Credit Reallocation: Lessons from General Equilibrium	26
Private Sector Provision as an “Escape Valve”: The Mexico Diabetes Experiment	26
Information Spillovers and Sovereign Debt: Theory Meets the Eurozone Crisis	25
Robust Implementation with Costly Information	25
Arbitration with Uninformed Consumers	25

Unemployment Insurance Reforms and Labour Market Dynamics	24
The Origins and Control of Forest Fires in the Tropics	24
Path Dependency in Physician Decisions	24
Using Disasters to Estimate the Impact of Uncertainty	24
Fair Matching under Constraints: Theory and Applications	24
The Lost Capital Asset Pricing Model	23
Trust in Risk Sharing: A Double-Edged Sword	23
When Less Is More: Experimental Evidence on Information Delivery During India’s Demonetisation	23
How People Use Statistics	23
Using Bid Rotation and Incumbency to Detect Collusion: A Regression Discontinuity Approach	23
Which Investors Matter for Equity Valuations and Expected Returns?	23
Managerial Quality and Productivity Dynamics	22
Wage Risk and Government and Spousal Insurance	22
A Structural Analysis of Mental Health and Labour Market Trajectories	21
Demand and Welfare Analysis in Discrete Choice Models with Social Interactions	21
Slum Upgrading and Long-run Urban Development: Evidence from Indonesia	21
Excess Capacity and Demand-Driven Business Cycles	21
Revisiting Event-Study Designs: Robust and Efficient Estimation	20
Wealth Taxation and Household Saving: Evidence from Assessment Discontinuities in Norway	20
In Memoriam Emmanuel Farhi	20
Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinance Program	20
On the Optimal Design of a Financial Stability Fund	19
Finite Sample Inference for the Maximum Score Estimand	19
Globalization, Gender, and the Family	19
The Size and Life-Cycle Growth of Plants: The Role of Productivity, Demand, and Wedges	19
Regional Consumption Responses and the Aggregate Fiscal Multiplier	19
Correction to: Understanding Cultural Persistence and Change	19
Belief Identification by Proxy	19
A World Equilibrium Model of the Oil Market	19
Stability in Large Markets	18
The Elusive Gains from Nationally Oriented Monetary Policy	18
Normalizations and Misspecification in Skill Formation Models	18
Correction: regarding Article History dates for articles on journal Review of Economic Studies	18
Sentimental Business Cycles	18
Valuing the Time of the Self-Employed	18
Attention Utility: Evidence from Individual Investors	18
Unemployment Insurance in Macroeconomic Stabilization	18
Should We Prevent Off-Label Drug Prescriptions? Empirical Evidence from France	17
The Value of Information in a Congested Fishery	17
Yogurts Choose Consumers? Estimation of Random-Utility Models via Two-Sided Matching	17
Feedback and Learning: The Causal Effects of Reversals on Judicial Decision-Making	17
Dynamic Asset-Backed Security Design	17
Tax Policy and Lumpy Investment Behaviour: Evidence from China’s VAT Reform	16
Public Listing Choice with Persistent Hidden Information	16
A Theory of Participation in OTC and Centralized Markets	16
Market Power in Neoclassical Growth Models	16
Surviving Childhood: Effects of Removing a Child From Home	16
Equilibrium Analysis in Behavioural One-Sector Growth Models	15
A Macro-Finance Model with Sentiment	15
Interventions and Cognitive Spillovers	15
A Theory of Socially Responsible Investment	15
Lending Relationships and Optimal Monetary Policy	15
A Theory of Falling Growth and Rising Rents	15
International Comovement in the Global Production Network	14
To Own or to Rent? The Effects of Transaction Taxes on Housing Markets	14
Culture and the Historical Fertility Transition	14
Gender Preferences in Job Vacancies and Workplace Gender Diversity	14
The Cost of Wage Rigidity	14
Inefficient Automation	14
Contract Terms, Employment Shocks, and Default in Credit Cards	14
The Economics and Econometrics of Gene–Environment Interplay	14
The Transmission of Commodity Price Super-Cycles	13
When Less is More: Improving Choices in Health Insurance Markets	13
A Welfare Analysis of Occupational Licensing in U.S. States	13
Income Growth and the Distributional Effects of Urban Spatial Sorting	13
Correction to: Inference for Ranks with Applications to Mobility across Neighbourhoods and Academic Achievement across Countries	13
Reputation Building under Observational Learning	13
Consumer Search and Prices in the Automobile Market	12
Recovering Investor Expectations from Demand for Index Funds	12
Auctioning Long-Term Projects under Financial Constraints	12
“Bid Shopping” in Procurement Auctions with Subcontracting	12
Convicting Corrupt Officials: Evidence from Randomly Assigned Cases	12
A Theory of Cash Flow-Based Financing with Distress Resolution	12
Voluntary Disclosure in Asymmetric Contests	12
The Welfare Effects of Transportation Infrastructure Improvements	12
Cupid’s Invisible Hand: Social Surplus and Identification in Matching Models	12
Designing Interrogations	12
The Unavoidability of Low Inflation–Low Output Traps	11
The Economics of Financial Stress	11
The Impact of Online Competition on Local Newspapers: Evidence from the Introduction of Craigslist	11

Optimal Environmental Targeting in the Amazon Rainforest	11
Follow the Money	11
Taxes and Growth: New Narrative Evidence from Interwar Britain	11
Patents, News, and Business Cycles	11
Innovation and Strategic Network Formation	11
Consumer Surplus of Alternative Payment Methods	10
Welfare and Redistribution in Residential Electricity Markets with Solar Power	10
Employer Credit Checks: Poverty Traps Versus Matching Efficiency	10
Untying the Knot: How Child Support and Alimony Affect Couples’ Dynamic Decisions and Welfare	10
Auctions with Frictions: Recruitment, Entry, and Limited Commitment	10
The Heterogeneous Effects of Government Spending: It’s All About Taxes	10
The Emergence of Market Structure	9
Central Bank Swap Lines: Evidence on the Effects of the Lender of Last Resort	9
Optimal Fiscal Policy in a Model with Uninsurable Idiosyncratic Income Risk	9
Labour Market Screening and the Design of Social Insurance: An Equilibrium Analysis of the Labour Market for the Disabled	9
“You Will:” A Macroeconomic Analysis of Digital Advertising	9
State Building in a Diverse Society	9
Revisiting the Non-Parametric Analysis of Time-Inconsistent Preferences	9
An Information-based Theory of Financial Intermediation	9
Agenda-Manipulation in Ranking	9
Outside Options in the Labour Market	9
Measuring Diffusion Over a Large Network	9
Supply Chain Disruption and Reorganization: Theory and Evidence From Ukraine’s War	9
Does Pricing Carbon Mitigate Climate Change? Firm-Level Evidence from the European Union Emissions Trading System	9
Wall Street and Silicon Valley: A Delicate Interaction	9
Brokering Votes With Information Spread Via Social Networks	8
No Free Lunch? Welfare Analysis of Firms Selling Through Expert Intermediaries	8
Price Discrimination in the Information Age: Prices, Poaching, and Privacy with Personalized Targeted Discounts	8
Job Applications and Labour Market Flows	8
The Value of Privacy in Cartels: An Analysis of the Inner Workings of a Bidding Ring	8
Pseudo Lindahl Equilibrium as a Collective Choice Rule	8
Competition and Career Advancement	8
Stratification Trees for Adaptive Randomisation in Randomised Controlled Trials	8
Security Design in Non-Exclusive Markets with Asymmetric Information	8
Discrimination in Hiring: Evidence from Retail Sales	7
“Bad” Oil, “Worse” Oil, and Carbon Misallocation	7
What’s My Employee Worth? The Effects of Salary Benchmarking	7
Marriage Market and Labour Market Sorting	7
Coordination and Continuous Stochastic Choice	7
Correction: Hinterlands, City Formation and Growth: Evidence from the U.S. Westward Expansion	7
Price Discrimination in International Airline Markets	7
The Effect of Provider Diversity on Racial Health Disparities: Evidence from the Military	7
Who Bears the Welfare Costs of Monopoly? The Case of the Credit Card Industry	7
Markups and Inequality	7
Community Enforcement with Endogenous Records	7
Information and Bargaining through Agents: Experimental Evidence from Mexico’s Labour Courts	7
Strategic Exploration: Pre-emption and Prioritization	7
Worker Mobility in Production Networks	7
Contingent Thinking and the Sure-Thing Principle: Revisiting Classic Anomalies in the Laboratory	6
The Value of Data Records	6
Behavioural Responses to Wealth Taxation: Evidence from Colombia	6
The Macroeconomics of Supply Chain Disruptions	6
Algorithmic Recommendations and Human Discretion	6
Estimating Intergenerational and Assortative Processes in Extended Family Data	6
Trauma at School: The Impacts of Shootings on Students’ Human Capital and Economic Outcomes	6
Overconfidence and Prejudice	6
Heterogeneous Paths of Industrialization	6
Correction to: Job Displacement, Unemployment Benefits and Domestic Violence	6
Continuous-Time Games with Imperfect and Abrupt Information	6
Search Complementarities, Aggregate Fluctuations, and Fiscal Policy	6
Resolving Failed Banks: Uncertainty, Multiple Bidding and Auction Design	6
Financial Regulation in a Quantitative Model of the Modern Banking System	6
Human Capital, Female Employment, and Electricity: Evidence from the Early 20th-Century United States	6
Counterfactual Identification and Latent Space Enumeration in Discrete Outcome Models	6
How to Sample and When to Stop Sampling: The Generalised Wald Problem and Minimax Policies	5
Fixed Effects and the Generalized Mundlak Estimator	5
Correction to: Security Design in Non-Exclusive Markets with Asymmetric Information	5
Superiority-Seeking and the Preference for Exclusion	5
Hazed and Confused: The Effect of Air Pollution on Dementia	5
Regulating Carry Trades: Evidence from Foreign Currency Borrowing of Corporations in India	5
Matching in Dynamic Imbalanced Markets	5
Opinions as Facts	5
Market Power and Price Informativeness	5
A Network Formation Model Based on Subgraphs	5
Talent, Geography, and Offshore R&D	5
Moral Universalism and the Structure of Ideology	5
Vacancy Durations and Entry Wages: Evidence from Linked Vacancy–Employer–Employee Data	5