Review of Economic Studies

Article	Citations
Taxes Depress Corporate Borrowing: Evidence from Private Firms	1221
The Causes of Ukrainian Famine Mortality, 1932–33	1013
Investing in Influence: Investors, Portfolio Firms, and Political Giving	234
Capital Regulation and Shadow Finance: A Quantitative Analysis	158
The Geography of Business Dynamism and Skill-Biased Technical Change	130
Optimal Long-Term Health Insurance Contracts: Characterization, Computation, and Welfare Effects	127
Estimating Production Functions of Multiproduct Firms	98
Cascades and Fluctuations in an Economy with an Endogenous Production Network	94
On the Use of Outcome Tests for Detecting Bias in Decision Making	94
Trade Wars, Nominal Rigidities, and Monetary Policy	89
Left-Digit Bias at Lyft	83
Identification and Inference in First-Price Auctions with Risk-Averse Bidders and Selective Entry	78
Identifying Network Ties from Panel Data: Theory and an Application to Tax Competition	77
Catastrophes, Delays, and Learning	76
All Along the Watchtower: Military Landholders and Serfdom Consolidation in Early Modern Russia	66
Pareto Improvements in the Contest for College Admissions	66
Correction to: The U.K. as a Technological Follower: Higher Education Expansion and the College Wage Premium	63
How Exporters Grow	62
Barriers to Entry and Regional Economic Growth in China	60
The U.S., Economic News, and the Global Financial Cycle	60
A Dynamic Theory of Random Price Discounts	58
Job Displacement, Unemployment Benefits and Domestic Violence	57
A More Credible Approach to Parallel Trends	56
Repurchase Options in the Market for Lemons	55
Correction to: Financial Cycles with Heterogeneous Intermediaries	55

Jumpstarting an International Currency	54
Choice and Opportunity Costs	54
Retractions: Updating from Complex Information	53
Model Complexity, Expectations, and Asset Prices	52
The Micro and Macro Effects of Changes in the Potential Benefit Duration	49
An Instrumental Variable Approach to Dynamic Models	49
A Model of Multiple Hypothesis Testing	49
Input Sourcing under Climate Risk: Evidence from U.S. Manufacturing Firms	47
Credit Allocation and Macroeconomic Fluctuations	47
The Surrogate Index: Combining Short-Term Proxies to Estimate Long-Term Treatment Effects More Rapidly and Precisely	47
Unequal Expenditure Switching: Evidence from Switzerland	46
Optimal Pricing of a New Utility Service: The Case of Piped Water in Vietnam	46
Infrequent Random Portfolio Decisions in an Open Economy Model	44
Fines and Financial Wellbeing	43
Beyond Dividing the Pie: Multi-Issue Bargaining in the Laboratory	43
How Do Digital Advertising Auctions Impact Product Prices?	43
Efficient Conservation of the Brazilian Amazon: Estimates from a Dynamic Model	42
“Since You’re So Rich, You Must Be Really Smart”: Talent, Rent Sharing, and the Finance Wage Premium	41
Racial Disparities in Federal Sentencing: Evidence from Drug Mandatory Minimums	41
What is a Good School, and Can Parents Tell? Evidence on the Multidimensionality of School Output	41
Affiliated Common Value Auctions with Costly Entry	39
Expectations and Learning from Prices	38
Stock Market Participation, Inequality, and Monetary Policy	37
Survey Data and Subjective Beliefs in Business Cycle Models	36
Quantifying the Benefits of Labour Mobility in a Currency Union	36
When is TSLS Actually LATE?	35
A Dynamic Model of Authoritarian Social Control	35
Gang Rule: Understanding and Countering Criminal Governance	34
Wealth Inequality and Asset Prices	34
Motives and Consequences of Libor Strategic Reporting: How Much Can We Learn from Banks’ Self-Reported Borrowing Rates?	33
More Than a Penny’s Worth: Left-Digit Bias and Firm Pricing	33
Endogenous Uncertainty and Credit Crunches	32
Endogenous Clustering and Analogy-Based Expectation Equilibrium	32
A Network Solution to Robust Implementation: The Case of Identical but Unknown Distributions	31
Incorporating Diagnostic Expectations into the New Keynesian Framework	31
Inference for Ranks with Applications to Mobility across Neighbourhoods and Academic Achievement across Countries	30
Retraction of: Growing up in a Recession	30
Hinterlands, City Formation and Growth: Evidence from the U.S. Westward Expansion	30
The Confederate Diaspora	29
Diagnostic Business Cycles	28
Policy Targeting under Network Interference	28
Policy Diffusion and Polarization across U.S. States	28
We Are All Behavioural, More, or Less: A Taxonomy of Consumer Decision-Making	28
Private Sector Provision as an “Escape Valve”: The Mexico Diabetes Experiment	27
The Dynamics of Internal Migration: A New Fact and its Implications	27
Hiring as Exploration	27
When Less Is More: Experimental Evidence on Information Delivery During India’s Demonetisation	26
The Origins and Control of Forest Fires in the Tropics	26
Robust Implementation with Costly Information	26
Testing Mechanisms	25

Unemployment Insurance Reforms and Labour Market Dynamics	25
Fair Matching under Constraints: Theory and Applications	25
Arbitration with Uninformed Consumers	25
Path Dependency in Physician Decisions	24
Financial Intermediation and Aggregate Demand: A Sufficient Statistics Approach	24
Which Investors Matter for Equity Valuations and Expected Returns?	24
The Lost Capital Asset Pricing Model	24
Information Spillovers and Sovereign Debt: Theory Meets the Eurozone Crisis	24
Falling Interest Rates and Credit Reallocation: Lessons from General Equilibrium	24
Using Disasters to Estimate the Impact of Uncertainty	23
Slum Upgrading and Long-Run Urban Development: Evidence from Indonesia	22
Wage Risk and Government and Spousal Insurance	22
A Structural Analysis of Mental Health and Labour Market Trajectories	22
Trust in Risk Sharing: A Double-Edged Sword	21
Excess Capacity and Demand-Driven Business Cycles	21
Optimal Decision Rules When Payoffs are Partially Identified	21
Demand and Welfare Analysis in Discrete Choice Models with Social Interactions	21
How People Use Statistics	20
Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinance Program	20
Wealth Taxation and Household Saving: Evidence from Assessment Discontinuities in Norway	20
Managerial Quality and Productivity Dynamics	20
Regional Consumption Responses and the Aggregate Fiscal Multiplier	19
Revisiting Event-Study Designs: Robust and Efficient Estimation	19
Finite Sample Inference for the Maximum Score Estimand	19
On the Optimal Design of a Financial Stability Fund	19
Correction to: Understanding Cultural Persistence and Change	18
Correction to: Tax Policy and Lumpy Investment Behaviour: Evidence from China's VAT Reform	18
The Size and Life-Cycle Growth of Plants: The Role of Productivity, Demand, and Wedges	17
Sentimental Business Cycles	17
Jackknife Standard Errors for Clustered Regression	17
Normal Approximation in Large Network Models	17
A Macro-Finance Model with Sentiment	17
Belief Identification by Proxy	17
Unemployment Insurance in Macroeconomic Stabilization	17
Attention Utility: Evidence from Individual Investors	17
Public Listing Choice with Persistent Hidden Information	16
Dynamic Asset-Backed Security Design	16
Valuing the Time of the Self-Employed	16
Should We Prevent Off-Label Drug Prescriptions? Empirical Evidence from France	16
Feedback and Learning: The Causal Effects of Reversals on Judicial Decision-Making	16
Stability in Large Markets	15
The Elusive Gains from Nationally Oriented Monetary Policy	15
A Theory of Falling Growth and Rising Rents	15
Normalizations and Misspecification in Skill Formation Models	15
The Value of Information in a Congested Fishery	15
Correction: regarding Article History dates for articles on journal Review of Economic Studies	15
Surviving Childhood: Effects of Removing a Child From Home	15
A Theory of Socially Responsible Investment	15
Life-Cycle Wages and Human Capital Investments: Selection and Missing Data	14
Culture and the Historical Fertility Transition	14
Contract Terms, Employment Shocks, and Default in Credit Cards	14
Tax Policy and Lumpy Investment Behaviour: Evidence from China’s VAT Reform	14
To Own or to Rent? The Effects of Transaction Taxes on Housing Markets	14
Selection in Surveys: Using Randomized Incentives to Detect and Account for Nonresponse Bias	14
Equilibrium Analysis in Behavioural One-Sector Growth Models	13
When Less is More: Improving Choices in Health Insurance Markets	13
Inefficient Automation	13
Optimal Labor Income Taxation: A Flexible Moral Hazard Approach	13
The Cost of Wage Rigidity	13
Income Growth and the Distributional Effects of Urban Spatial Sorting	13
Auctioning Long-Term Projects under Financial Constraints	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
International Comovement in the Global Production Network	12
Voluntary Disclosure in Asymmetric Contests	12
Gender Preferences in Job Vacancies and Workplace Gender Diversity	12
Reputation Building under Observational Learning	12
A Theory of Cash Flow-Based Financing with Distress Resolution	11
A Welfare Analysis of Occupational Licensing in U.S. States	11
Taxes and Growth: New Narrative Evidence from Interwar Britain	11
“Bid Shopping” in Procurement Auctions with Subcontracting	11
Designing Interrogations	11
The Transmission of Commodity Price Super-Cycles	11
Monetary Policy and Endogenous Financial Crises	11
Patents, News, and Business Cycles	11
Convicting Corrupt Officials: Evidence from Randomly Assigned Cases	11
Consumer Search and Prices in the Automobile Market	11
Follow the Money	11
Optimal Environmental Targeting in the Amazon Rainforest	11
Auctions with Frictions: Recruitment, Entry, and Limited Commitment	10

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