Review of Economic Studies

Article	Citations
An Equilibrium Analysis of the Long-Term Care Insurance Market	526
Identifying Network Ties from Panel Data: Theory and an Application to Tax Competition	389
Optimal Long-Term Health Insurance Contracts: Characterization, Computation, and Welfare Effects	272
Capital Regulation and Shadow Finance: A Quantitative Analysis	248
Estimating Production Functions of Multiproduct Firms	165
The Causes of Ukrainian Famine Mortality, 1932–33	133
Identification and Inference in First-Price Auctions with Risk-Averse Bidders and Selective Entry	127
Intelligence, Errors, and Cooperation in Repeated Interactions	101
Left-Digit Bias at Lyft	84
Trade Wars, Nominal Rigidities, and Monetary Policy	79
On the Use of Outcome Tests for Detecting Bias in Decision Making	79
Subjective Models of the Macroeconomy: Evidence From Experts and Representative Samples	74
Correction to: The U.K. as a Technological Follower: Higher Education Expansion and the College Wage Premium	69
Informal Risk Sharing with Local Information	63
An Elementary Theory of Directed Technical Change and Wage Inequality	61
The U.S., Economic News, and the Global Financial Cycle	59
Caught between Cultures: Unintended Consequences of Improving Opportunity for Immigrant Girls	58
Priority Design in Centralized Matching Markets	57
The U.K. as a Technological Follower: Higher Education Expansion and the College Wage Premium	56
How Exporters Grow	55
A More Credible Approach to Parallel Trends	52
An Instrumental Variable Approach to Dynamic Models	51
Credit Allocation and Macroeconomic Fluctuations	50
Are Marriage-Related Taxes and Social Security Benefits Holding Back Female Labour Supply?	49
Correction to: Financial Cycles with Heterogeneous Intermediaries	48

Unequal Expenditure Switching: Evidence from Switzerland	47
Beyond Dividing the Pie: Multi-Issue Bargaining in the Laboratory	47
How Do Digital Advertising Auctions Impact Product Prices?	47
Model Complexity, Expectations, and Asset Prices	47
Fines and Financial Wellbeing	43
Optimal Pricing of a New Utility Service: The Case of Piped Water in Vietnam	42
“Since You’re So Rich, You Must Be Really Smart”: Talent, Rent Sharing, and the Finance Wage Premium	41
Infrequent Random Portfolio Decisions in an Open Economy Model	41
Corruption and Firms	40
Skill-Biased Structural Change	40
The Dynamics of Return Migration, Human Capital Accumulation, and Wage Assimilation	39
What is a Good School, and Can Parents Tell? Evidence on the Multidimensionality of School Output	38
Product Life Cycle, Learning, and Nominal Shocks	37
Stock Market Participation, Inequality, and Monetary Policy	37
Gang Rule: Understanding and Countering Criminal Governance	36
Survey Data and Subjective Beliefs in Business Cycle Models	36
Wealth Inequality and Asset Prices	36
A Dynamic Model of Authoritarian Social Control	36
Affiliated Common Value Auctions with Costly Entry	35
Fiscal Multipliers and Foreign Holdings of Public Debt	35
More Than a Penny’s Worth: Left-Digit Bias and Firm Pricing	35
Coordinated Capacity Reductions and Public Communication in the Airline Industry	34
Are High-Interest Loans Predatory? Theory and Evidence from Payday Lending	34
Expectations and Learning from Prices	34
The Gift of Moving: Intergenerational Consequences of a Mobility Shock	33
Folk Theorem in Repeated Games with Private Monitoring	32
Policy Targeting under Network Interference	32
Risk Premium Shocks Can Create Inefficient Recessions	32
Retraction of: Growing up in a Recession	31
Motives and Consequences of Libor Strategic Reporting: How Much Can We Learn from Banks’ Self-Reported Borrowing Rates?	31
A Network Solution to Robust Implementation: The Case of Identical but Unknown Distributions	31
Endogenous Uncertainty and Credit Crunches	31
We Are All Behavioural, More, or Less: A Taxonomy of Consumer Decision-Making	30
Overcoming Free-Riding in Bandit Games	30
Hinterlands, City Formation and Growth: Evidence from the U.S. Westward Expansion	30
The Impact of Car Pollution on Infant and Child Health: Evidence from Emissions Cheating	29
Liquidity Constraints in the U.S. Housing Market	29
Inference for Ranks with Applications to Mobility across Neighbourhoods and Academic Achievement across Countries	29
International Spillovers and Local Credit Cycles	29
Arbitration with Uninformed Consumers	28
The Extensive Margin of Aggregate Consumption Demand	28
Diagnostic Business Cycles	28
Incorporating Diagnostic Expectations into the New Keynesian Framework	28
Unemployment Insurance Reforms and Labour Market Dynamics	27
Private Sector Provision as an “Escape Valve”: The Mexico Diabetes Experiment	27
The Lost Capital Asset Pricing Model	27
Falling Interest Rates and Credit Reallocation: Lessons from General Equilibrium	27
Path Dependency in Physician Decisions	27
Using Disasters to Estimate the Impact of Uncertainty	26
Information Spillovers and Sovereign Debt: Theory Meets the Eurozone Crisis	26

Which Investors Matter for Equity Valuations and Expected Returns?	25
Using Bid Rotation and Incumbency to Detect Collusion: A Regression Discontinuity Approach	25
When Less Is More: Experimental Evidence on Information Delivery During India’s Demonetisation	25
Robust Implementation with Costly Information	24
Fair Matching under Constraints: Theory and Applications	24
Concentration Bias in Intertemporal Choice	24
A Structural Analysis of Mental Health and Labour Market Trajectories	24
Demand and Welfare Analysis in Discrete Choice Models with Social Interactions	23
Instrument-Based versus Target-Based Rules	23
Trust in Risk Sharing: A Double-Edged Sword	23
Managerial Quality and Productivity Dynamics	22
Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinance Program	22
Wealth Taxation and Household Saving: Evidence from Assessment Discontinuities in Norway	22
Wage Risk and Government and Spousal Insurance	22
Excess Capacity and Demand-Driven Business Cycles	22
In Memoriam Emmanuel Farhi	21
Finite Sample Inference for the Maximum Score Estimand	21
Revisiting Event-Study Designs: Robust and Efficient Estimation	21
Corrigendum to: Consumer Scores and Price Discrimination	21
Globalization, Gender, and the Family	20
Belief Identification by Proxy	20
The Size and Life-Cycle Growth of Plants: The Role of Productivity, Demand, and Wedges	20
Correction to: Understanding Cultural Persistence and Change	19
Unemployment Insurance in Macroeconomic Stabilization	19
A World Equilibrium Model of the Oil Market	19
Regional Consumption Responses and the Aggregate Fiscal Multiplier	18
Uncertainty in the Hot Hand Fallacy: Detecting Streaky Alternatives to Random Bernoulli Sequences	18
Correction: regarding Article History dates for articles on journal Review of Economic Studies	18
Sentimental Business Cycles	18
Yogurts Choose Consumers? Estimation of Random-Utility Models via Two-Sided Matching	18
A Theory of Socially Responsible Investment	17
Feedback and Learning: The Causal Effects of Reversals on Judicial Decision-Making	17
Identifying Shocks via Time-Varying Volatility	17
Tax Policy and Lumpy Investment Behaviour: Evidence from China’s VAT Reform	17
Should We Prevent Off-Label Drug Prescriptions? Empirical Evidence from France	17
Dynamic Asset-Backed Security Design	17
A Theory of Falling Growth and Rising Rents	17
Stability in Large Markets	16
The Elusive Gains from Nationally Oriented Monetary Policy	16
Valuing the Time of the Self-Employed	16
Firm Dynamics, On-the-Job Search, and Labor Market Fluctuations	16
A Theory of Participation in OTC and Centralized Markets	16
Risky Matching	15
Market Power in Neoclassical Growth Models	15
Interventions and Cognitive Spillovers	15
A Macro-Finance Model with Sentiment	15
Reputation Building under Observational Learning	14
Gender Preferences in Job Vacancies and Workplace Gender Diversity	14
Equilibrium Analysis in Behavioural One-Sector Growth Models	14
Culture and the Historical Fertility Transition	14
When Less is More: Improving Choices in Health Insurance Markets	14
Inefficient Automation	13
Policy Effects of International Taxation on Firm Dynamics and Capital Structure	13
Convicting Corrupt Officials: Evidence from Randomly Assigned Cases	13
International Comovement in the Global Production Network	13
The Cost of Wage Rigidity	13
Correction to: Inference for Ranks with Applications to Mobility across Neighbourhoods and Academic Achievement across Countries	13
Lending Relationships and Optimal Monetary Policy	13
Income Growth and the Distributional Effects of Urban Spatial Sorting	13
Auctioning Long-Term Projects under Financial Constraints	13
Designing Interrogations	12
The Transmission of Commodity Price Super-Cycles	12
Consumer Search and Prices in the Automobile Market	12
Voluntary Disclosure in Asymmetric Contests	12
A Welfare Analysis of Occupational Licensing in U.S. States	12
Cupid’s Invisible Hand: Social Surplus and Identification in Matching Models	12
The Welfare Effects of Transportation Infrastructure Improvements	12
Recovering Investor Expectations from Demand for Index Funds	12
Innovation and Strategic Network Formation	12
The Impact of Online Competition on Local Newspapers: Evidence from the Introduction of Craigslist	12
Untying the Knot: How Child Support and Alimony Affect Couples’ Dynamic Decisions and Welfare	11
Follow the Money	11
“Bid Shopping” in Procurement Auctions with Subcontracting	11
Employer Credit Checks: Poverty Traps Versus Matching Efficiency	11
Optimal Environmental Targeting in the Amazon Rainforest	11
Taxes and Growth: New Narrative Evidence from Interwar Britain	11
The Economics of Financial Stress	11
Consumer Surplus of Alternative Payment Methods	11
The Unavoidability of Low Inflation–Low Output Traps	11
The Heterogeneous Effects of Government Spending: It’s All About Taxes	10

Measuring Diffusion Over a Large Network	10
Wall Street and Silicon Valley: A Delicate Interaction	10
Outside Options in the Labour Market	10
Welfare and Redistribution in Residential Electricity Markets with Solar Power	10
Conditional Superior Predictive Ability	9
State Building in a Diverse Society	9
An Information-based Theory of Financial Intermediation	9
Social Connectedness and Local Contagion	9
Central Bank Swap Lines: Evidence on the Effects of the Lender of Last Resort	9
The Emergence of Market Structure	9
“You Will:” A Macroeconomic Analysis of Digital Advertising	9
Labour Market Screening and the Design of Social Insurance: An Equilibrium Analysis of the Labour Market for the Disabled	9
From Immigrants to Americans: Race and Assimilation during the Great Migration	9
Optimal Fiscal Policy in a Model with Uninsurable Idiosyncratic Income Risk	9
Exchange Rate Exposure and Firm Dynamics	8
Price Discrimination in the Information Age: Prices, Poaching, and Privacy with Personalized Targeted Discounts	8
Agenda-Manipulation in Ranking	8
Security Design in Non-Exclusive Markets with Asymmetric Information	8
Structural Breaks in an Endogenous Growth Model	8
Competition and Career Advancement	8
Markups and Inequality	8
Does Pricing Carbon Mitigate Climate Change? Firm-Level Evidence from the European Union Emissions Trading System	8
Job Applications and Labour Market Flows	8
No Free Lunch? Welfare Analysis of Firms Selling Through Expert Intermediaries	8
Coordination and Continuous Stochastic Choice	8
Rationalizability, Observability, and Common Knowledge	8
Discrimination in Hiring: Evidence from Retail Sales	8
Worker Mobility in Production Networks	7
Correction: Hinterlands, City Formation and Growth: Evidence from the U.S. Westward Expansion	7
Strategic Exploration: Pre-emption and Prioritization	7
Heterogeneous Paths of Industrialization	7
Resolving Failed Banks: Uncertainty, Multiple Bidding and Auction Design	7
The Value of Privacy in Cartels: An Analysis of the Inner Workings of a Bidding Ring	7
Who Bears the Welfare Costs of Monopoly? The Case of the Credit Card Industry	7
Stratification Trees for Adaptive Randomisation in Randomised Controlled Trials	7
Continuous-Time Games with Imperfect and Abrupt Information	7
Information and Bargaining through Agents: Experimental Evidence from Mexico’s Labour Courts	7
“Bad” Oil, “Worse” Oil, and Carbon Misallocation	7
Search Complementarities, Aggregate Fluctuations, and Fiscal Policy	6
The Value of Data Records	6
Marriage Market and Labour Market Sorting	6
Price Discrimination in International Airline Markets	6
Contingent Thinking and the Sure-Thing Principle: Revisiting Classic Anomalies in the Laboratory	6
Financial Regulation in a Quantitative Model of the Modern Banking System	6
The Macroeconomics of Supply Chain Disruptions	6
Estimating Intergenerational and Assortative Processes in Extended Family Data	6
Behavioural Responses to Wealth Taxation: Evidence from Colombia	6
How to Sample and When to Stop Sampling: The Generalised Wald Problem and Minimax Policies	5
Vacancy Durations and Entry Wages: Evidence from Linked Vacancy–Employer–Employee Data	5
Matching in Dynamic Imbalanced Markets	5
Fixed Effects and the Generalized Mundlak Estimator	5
A Network Formation Model Based on Subgraphs	5
Moral Universalism and the Structure of Ideology	5
Correction to: Security Design in Non-Exclusive Markets with Asymmetric Information	5
Regulating Carry Trades: Evidence from Foreign Currency Borrowing of Corporations in India	5
Human Capital, Female Employment, and Electricity: Evidence from the Early 20th-Century United States	5
Monetary Policy and Birth Rates: The Effect of Mortgage Rate Pass-Through on Fertility	5
Hazed and Confused: The Effect of Air Pollution on Dementia	5
Market Power and Price Informativeness	5
Talent, Geography, and Offshore R&D	5