Review of Economic Studies

Article	Citations
Identification and Inference in First-Price Auctions with Risk-Averse Bidders and Selective Entry	1447
The Causes of Ukrainian Famine Mortality, 1932–33	1196
Investing in Influence: Investors, Portfolio Firms, and Political Giving	175
Capital Regulation and Shadow Finance: A Quantitative Analysis	167
The Geography of Business Dynamism and Skill-Biased Technical Change	139
Catastrophes, Delays, and Learning	111
Estimating Production Functions of Multiproduct Firms	104
Optimal Long-Term Health Insurance Contracts: Characterization, Computation, and Welfare Effects	102
On the Use of Outcome Tests for Detecting Bias in Decision Making	88
Taxes Depress Corporate Borrowing: Evidence from Private Firms	84
Identifying Network Ties from Panel Data: Theory and an Application to Tax Competition	80
Left-Digit Bias at Lyft	77
Trade Wars, Nominal Rigidities, and Monetary Policy	69
Cascades and Fluctuations in an Economy with an Endogenous Production Network	69
Pareto Improvements in the Contest for College Admissions	67
How Exporters Grow	66
A Dynamic Theory of Random Price Discounts	66
Correction to: The U.K. as a Technological Follower: Higher Education Expansion and the College Wage Premium	66
All Along the Watchtower: Military Landholders and Serfdom Consolidation in Early Modern Russia	63
Job Displacement, Unemployment Benefits and Domestic Violence	60
Barriers to Entry and Regional Economic Growth in China	59
A Model of the Data Economy	58
A More Credible Approach to Parallel Trends	57
The U.S., Economic News, and the Global Financial Cycle	57
Correction to: Financial Cycles with Heterogeneous Intermediaries	56

Unequal Expenditure Switching: Evidence from Switzerland	54
Retractions: Updating from Complex Information	54
Insurer Risk and Public Risk-Sharing: Quantifying the Value of Reinsurance	54
The Surrogate Index: Combining Short-Term Proxies to Estimate Long-Term Treatment Effects More Rapidly and Precisely	53
Choice and Opportunity Costs	51
An Instrumental Variable Approach to Dynamic Models	49
Jumpstarting an International Currency	49
Model Complexity, Expectations, and Asset Prices	47
The Micro and Macro Effects of Changes in the Potential Benefit Duration	47
Input Sourcing under Climate Risk: Evidence from U.S. Manufacturing Firms	47
Repurchase Options in the Market for Lemons	46
A Model of Multiple Hypothesis Testing	46
Credit Allocation and Macroeconomic Fluctuations	46
Optimal Pricing of a New Utility Service: The Case of Piped Water in Vietnam	45
Beyond Dividing the Pie: Multi-Issue Bargaining in the Laboratory	44
Racial Disparities in Federal Sentencing: Evidence from Drug Mandatory Minimums	42
Infrequent Random Portfolio Decisions in an Open Economy Model	41
The Micro and Macro Dynamics of Capital Flows	40
Efficient Conservation of the Brazilian Amazon: Estimates from a Dynamic Model	40
How Do Digital Advertising Auctions Impact Product Prices?	39
“Since You’re So Rich, You Must Be Really Smart”: Talent, Rent Sharing, and the Finance Wage Premium	39
Fines and Financial Wellbeing	37
Affiliated Common Value Auctions with Costly Entry	36
More Than a Penny’s Worth: Left-Digit Bias and Firm Pricing	35
Quantifying the Benefits of Labour Mobility in a Currency Union	35
Gang Rule: Understanding and Countering Criminal Governance	35
When is TSLS Actually LATE?	35
A Dynamic Model of Authoritarian Social Control	35
Stock Market Participation, Inequality, and Monetary Policy	34
Survey Data and Subjective Beliefs in Business Cycle Models	34
Expectations and Learning from Prices	34
Wealth Inequality and Asset Prices	33
Retraction of: Growing up in a Recession	32
Motives and Consequences of Libor Strategic Reporting: How Much Can We Learn from Banks’ Self-Reported Borrowing Rates?	32
Endogenous Uncertainty and Credit Crunches	31
The Dynamics of Internal Migration: A New Fact and its Implications	31
The Confederate Diaspora	31
Spatial Implications of Telecommuting	30
Inference for Ranks with Applications to Mobility across Neighbourhoods and Academic Achievement across Countries	29
Policy Targeting under Network Interference	28
Policy Diffusion and Polarization across U.S. States	28
Hinterlands, City Formation and Growth: Evidence from the U.S. Westward Expansion	28
A Network Solution to Robust Implementation: The Case of Identical but Unknown Distributions	28
Incorporating Diagnostic Expectations into the New Keynesian Framework	27
Endogenous Clustering and Analogy-Based Expectation Equilibrium	26
Diagnostic Business Cycles	26
We Are All Behavioural, More, or Less: A Taxonomy of Consumer Decision-Making	25
Hiring as Exploration	24
Private Sector Provision as an “Escape Valve”: The Mexico Diabetes Experiment	24
Robust Implementation with Costly Information	23

Testing Mechanisms	23
Information Spillovers and Sovereign Debt: Theory Meets the Eurozone Crisis	23
Arbitration with Uninformed Consumers	23
Unemployment Insurance Reforms and Labour Market Dynamics	23
Financial Intermediation and Aggregate Demand: A Sufficient Statistics Approach	23
Which Investors Matter for Equity Valuations and Expected Returns?	22
Fair Matching under Constraints: Theory and Applications	22
The Origins and Control of Forest Fires in the Tropics	22
Using Disasters to Estimate the Impact of Uncertainty	22
When Less Is More: Experimental Evidence on Information Delivery During India’s Demonetisation	22
Path Dependency in Physician Decisions	21
How People Use Statistics	21
The Lost Capital Asset Pricing Model	21
Wage Risk and Government and Spousal Insurance	21
Falling Interest Rates and Credit Reallocation: Lessons from General Equilibrium	21
Managerial Quality and Productivity Dynamics	20
A Structural Analysis of Mental Health and Labour Market Trajectories	20
Trust in Risk Sharing: A Double-Edged Sword	20
Demand and Welfare Analysis in Discrete Choice Models with Social Interactions	20
Jackknife Standard Errors for Clustered Regression	19
Optimal Decision Rules When Payoffs are Partially Identified	19
Finite Sample Inference for the Maximum Score Estimand	19
Wealth Taxation and Household Saving: Evidence from Assessment Discontinuities in Norway	19
Slum Upgrading and Long-Run Urban Development: Evidence from Indonesia	19
Revisiting Event-Study Designs: Robust and Efficient Estimation	19
Excess Capacity and Demand-Driven Business Cycles	19
Normal Approximation in Large Network Models	18
Correction to: Tax Policy and Lumpy Investment Behaviour: Evidence from China's VAT Reform	18
Sentimental Business Cycles	18
Belief Identification by Proxy	18
Pigovian Transport Pricing in Practice	18
Correction to: Understanding Cultural Persistence and Change	18
On the Optimal Design of a Financial Stability Fund	17
Regional Consumption Responses and the Aggregate Fiscal Multiplier	17
Unemployment Insurance in Macroeconomic Stabilization	17
The Size and Life-Cycle Growth of Plants: The Role of Productivity, Demand, and Wedges	16
The Value of Information in a Congested Fishery	16
Dynamic Asset-Backed Security Design	16
Selection in Surveys: Using Randomized Incentives to Detect and Account for Nonresponse Bias	16
Stability in Large Markets	16
Attention Utility: Evidence from Individual Investors	16
Public Listing Choice with Persistent Hidden Information	16
Correction: regarding Article History dates for articles on journal Review of Economic Studies	15
Surviving Childhood: Effects of Removing a Child From Home	15
Normalizations and Misspecification in Skill Formation Models	15
The Elusive Gains from Nationally Oriented Monetary Policy	15
A Macro-Finance Model with Sentiment	14
A Theory of Falling Growth and Rising Rents	14
To Own or to Rent? The Effects of Transaction Taxes on Housing Markets	14
Valuing the Time of the Self-Employed	14
A Theory of Socially Responsible Investment	14
Gender Preferences in Job Vacancies and Workplace Gender Diversity	14
Should We Prevent Off-Label Drug Prescriptions? Empirical Evidence from France	14
Industrial Clusters in the Long Run: Evidence from Million-Rouble Plants in China	14
Feedback and Learning: The Causal Effects of Reversals on Judicial Decision-Making	14
Culture and the Historical Fertility Transition	13
Optimal Labour Income Taxation: A Flexible Moral Hazard Approach	13
Equilibrium Analysis in Behavioural One-Sector Growth Models	13
When Less is More: Improving Choices in Health Insurance Markets	13
The Cost of Wage Rigidity	13
Life-Cycle Wages and Human Capital Investments: Selection and Missing Data	13
Inefficient Automation	13
Contract Terms, Employment Shocks, and Default in Credit Cards	12
Auctioning Long-Term Projects under Financial Constraints	12
Convicting Corrupt Officials: Evidence from Randomly Assigned Cases	12
Monetary Policy and Endogenous Financial Crises	12
International Comovement in the Global Production Network	12
Designing Interrogations	12
The Transmission of Commodity Price Super-Cycles	12
A Theory of Cash Flow-Based Financing with Distress Resolution	12
The Economics and Econometrics of Gene–Environment Interplay	12
Correction to: Inference for Ranks with Applications to Mobility across Neighbourhoods and Academic Achievement across Countries	12
Income Growth and the Distributional Effects of Urban Spatial Sorting	12
Liquidity Traps, Prudential Policies, and International Spillovers	12
Voluntary Disclosure in Asymmetric Contests	12
Follow the Money	11
“Bid Shopping” in Procurement Auctions with Subcontracting	11
Patents, News, and Business Cycles	11
Markups Across Space and Time	11
A Welfare Analysis of Occupational Licensing in U.S. States	11

State Capacity as an Organizational Problem	11
The Impact of Online Competition on Local Newspapers: Evidence from the Introduction of Craigslist	11
Narratives about the Macroeconomy	10
Destabilizing Capital Flows amid Global Inflation	10
Structural Change in Production Networks and Economic Growth	10
Untying the Knot: How Child Support and Alimony Affect Couples’ Dynamic Decisions and Welfare	10
The Heterogeneous Effects of Government Spending: It’s All About Taxes	10
Outside Options in the Labour Market	10
Subjective Earnings Risk	10
Revisiting the Non-Parametric Analysis of Time-Inconsistent Preferences	10
Taxes and Growth: New Narrative Evidence from Interwar Britain	10
Auctions with Frictions: Recruitment, Entry, and Limited Commitment	10
Optimal Environmental Targeting in the Amazon Rainforest	10
The Selective Disclosure of Evidence: An Experiment	10
Employer Credit Checks: Poverty Traps Versus Matching Efficiency	10
Supply Chain Disruption and Reorganization: Theory and Evidence From Ukraine’s War	10
Measuring Diffusion Over a Large Network	10
How Do People React to Income-Based Fines? Evidence from Speeding Tickets Discontinuities	10
The Economics of Financial Stress	10
Counterfactual Analysis for Structural Dynamic Discrete Choice Models	10
Consumer Surplus of Alternative Payment Methods	10
State Building in a Diverse Society	10
Agenda-Manipulation in Ranking	9
Competition and Career Advancement	9
Labour Market Screening and the Design of Social Insurance: An Equilibrium Analysis of the Labour Market for the Disabled	9
Does Pricing Carbon Mitigate Climate Change? Firm-Level Evidence from the European Union Emissions Trading System	9
“You Will:” A Macroeconomic Analysis of Digital Advertising	9
The Value of Privacy in Cartels: An Analysis of the Inner Workings of a Bidding Ring	9
Security Design in Non-Exclusive Markets with Asymmetric Information	8
Job Applications and Labour Market Flows	8
Markups and Inequality	8
Education and the Margins of Cyclical Adjustment in the Labor Market	8
Local Projection-Based Inference under General Conditions	8
Pseudo Lindahl Equilibrium as a Collective Choice Rule	8
Stratification Trees for Adaptive Randomisation in Randomised Controlled Trials	8
Discrimination in Hiring: Evidence from Retail Sales	8
Correction: Hinterlands, City Formation and Growth: Evidence from the U.S. Westward Expansion	8
Strategic Exploration: Pre-emption and Prioritization	8
No Free Lunch? Welfare Analysis of Firms Selling Through Expert Intermediaries	8
Brokering Votes With Information Spread Via Social Networks	8
Price Discrimination in the Information Age: Prices, Poaching, and Privacy with Personalized Targeted Discounts	8
Continuous-Time Games with Imperfect and Abrupt Information	8
Overconfidence and Prejudice	8
The Effect of Provider Diversity on Racial Health Disparities: Evidence from the Military	7
Behavioural Responses to Wealth Taxation: Evidence from Colombia	7
Information and Bargaining through Agents: Experimental Evidence from Mexico’s Labour Courts	7
Worker Mobility in Production Networks	7
Marriage Market and Labour Market Sorting	7
Unemployment Insurance, Starting Salaries, and Jobs: Evidence from Multi-state Firms	7
Market Power and Price Informativeness	6
Heterogeneous Paths of Industrialization	6
The Value of Data Records	6
Resolving Failed Banks: Uncertainty, Multiple Bidding and Auction Design	6
Search Complementarities, Aggregate Fluctuations, and Fiscal Policy	6
Trauma at School: The Impacts of Shootings on Students’ Human Capital and Economic Outcomes	6
Do The Effects of Nudges Persist? Theory and Evidence from 38 Natural Field Experiments	6
An Evaluation of Protected Area Policies in the European Union	6
Talent, Geography, and Offshore R&D	6
Regulating Carry Trades: Evidence from Foreign Currency Borrowing of Corporations in India	6
“Bad” Oil, “Worse” Oil, and Carbon Misallocation	6
Contingent Thinking and the Sure-Thing Principle: Revisiting Classic Anomalies in the Laboratory	6
What’s My Employee Worth? The Effects of Salary Benchmarking	6
Who Bears the Welfare Costs of Monopoly? The Case of the Credit Card Industry	6
Correction to: Job Displacement, Unemployment Benefits and Domestic Violence	6
Moral Universalism and the Structure of Ideology	6
A Network Formation Model Based on Subgraphs	6
Hazed and Confused: The Effect of Air Pollution on Dementia	6
Counterfactual Identification and Latent Space Enumeration in Discrete Outcome Models	6
The Macroeconomics of Supply Chain Disruptions	6
Estimating Intergenerational and Assortative Processes in Extended Family Data	6
Price Discrimination in International Airline Markets	6
Community Enforcement with Endogenous Records	6
Algorithmic Recommendations and Human Discretion	6
Human Capital, Female Employment, and Electricity: Evidence from the Early 20th-Century United States	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