Journal of Economic Perspectives

ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)

Issues

Drug Pricing and Regulation

Spring 2025

Economic Markets and Pharmaceutical Innovation

by Craig Garthwaite

(pp. 3–26)

Patents, Innovation, and Competition in Pharmaceuticals: The Hatch-Waxman Act after 40 Years

by C. Scott Hemphill and Bhaven N. Sampat

(pp. 27–52)

Lessons for the United States from Pharmaceutical Regulation Abroad

by Margaret K. Kyle

(pp. 53–78)

The Economics of Generic Drug Shortages: The Limits of Competition

by Rena M. Conti and Marta E. Wosińska

(pp. 79–102)

Income Inequality

Spring 2025

Measuring Income and Income Inequality

by Conor Clarke and Wojciech Kopczuk

(pp. 103–26)

Macro Perspectives on Income Inequality

by Matthieu Gomez

(pp. 127–48)

Public Finance Implications of Economic Inequality

by Alan J. Auerbach

(pp. 149–70)

Bond Markets

Spring 2025

A Hitchhiker's Guide to Federal Reserve Participation in Fixed Income Markets

by Nina Boyarchenko and Or Shachar

(pp. 171–94)

How US Treasuries Can Remain the World's Safe Haven

by Darrell Duffie

(pp. 195–214)

US Corporate Bond Markets: Bigger and (Maybe) Better?

by Maureen O'Hara and Xing (Alex) Zhou

(pp. 215–34)

Why Is the Fragmented Municipal Bond Market So Costly to Investors and Issuers?

by John M. Griffin, Nicholas Hirschey, and Samuel Kruger

(pp. 235–60)

The 2023 Merger Guidelines and Beyond

Winter 2025

The 2023 Merger Guidelines and the Arc of Antitrust History

by Daniel Francis

(pp. 3–28)

Improving Economic Analysis in Merger Guidelines

by Louis Kaplow

(pp. 29–52)

Acquisitions to Enter New Markets

by Carl Shapiro

(pp. 53–76)

US Safety Net

Winter 2025

Two Histories of the Public Safety Net

by Christopher Howard

(pp. 77–100)

Did Welfare Reform End the Safety Net as We Knew It? The Record since 1996

by Lucie Schmidt, Lara Shore-Sheppard, and Tara Watson

(pp. 101–28)

Administrative Burdens in the Social Safety Net

by Pamela Herd and Donald Moynihan

(pp. 129–50)

Industrial Policy

Fall 2024

Export-Led Industrial Policy for Developing Countries: Is There a Way to Pick Winners?

by Tristan Reed

(pp. 3–26)

The Political Economy of Industrial Policy

by Réka Juhász and Nathan Lane

(pp. 27–54)

Industrial Policy: Lessons from Shipbuilding

by Panle Jia Barwick, Myrto Kalouptsidi, and Nahim Bin Zahur

(pp. 55–80)

Semiconductors and Modern Industrial Policy

by Chad P. Bown and Dan Wang

(pp. 81–110)

Alexander Hamilton's Report on Manufactures and Industrial Policy

by Richard Sylla

(pp. 111–30)

Behavioral Incentive Compatibility

Fall 2024

Evaluating Behavioral Incentive Compatibility: Insights from Experiments

by David Danz, Lise Vesterlund, and Alistair J. Wilson

(pp. 131–54)

Behavioral Incentive Compatibility and Empirically Informed Welfare Analysis: An Introductory Guide

by Alex Rees-Jones

(pp. 155–74)

Designing Simple Mechanisms

by Shengwu Li

(pp. 175–92)

The Tax Cuts and Jobs Act of 2017

Summer 2024

Sweeping Changes and an Uncertain Legacy: The Tax Cuts and Jobs Act of 2017

by William G. Gale, Jeffrey L. Hoopes, and Kyle Pomerleau

(pp. 3–32)

The US Individual Income Tax: Recent Evolution and Evidence

by Jon Bakija

(pp. 33–60)

Lessons from the Biggest Business Tax Cut in US History

by Gabriel Chodorow-Reich, Owen Zidar, and Eric Zwick

(pp. 61–88)

US International Corporate Taxation after the Tax Cuts and Jobs Act

by Kimberly A. Clausing

(pp. 89–112)

Are Opportunity Zones an Effective Place-Based Policy?

by Kevin Corinth and Naomi Feldman

(pp. 113–36)

Expanding the Appeal of Economics

Summer 2024

Seeking the "Missing Women" of Economics with the Undergraduate Women in Economics Challenge

by Tatyana Avilova and Claudia Goldin

(pp. 137–62)

Valuing Identity in the Classroom: What Economics Can Learn from Science, Technology, Engineering, and Mathematics Education

by Sergio Barrera, Susan Sajadi, Marionette Holmes, and Sarah Jacobson

(pp. 163–90)

Lessons for Expanding the Share of Disadvantaged Students in Economics from the AEA Summer Program at Michigan State University

by Lisa D. Cook and Christine Moser

(pp. 191–208)

How Research Informs Policy Analysis

Spring 2024

How Economists Could Help Inform Economic and Budget Analysis Used by the US Congress

by Staff of the Congressional Budget Office

(pp. 3–24)

The Economic Constitution of the United States

by Cass R. Sunstein

(pp. 25–42)

The Financial Crisis Inquiry Commission and Economic Research

by Wendy Edelberg and Greg Feldberg

(pp. 43–62)

Philanthropic Cause Prioritization

by Emily Oehlsen

(pp. 63–82)

Labor Market and Macroeconomics

Spring 2024

The Shifting Reasons for Beveridge Curve Shifts

by Gadi Barlevy, R. Jason Faberman, Bart Hobijn, and Ayşegül Şahin

(pp. 83–106)

Perspectives on the Labor Share

by Loukas Karabarbounis

(pp. 107–36)

Why Labor Supply Matters for Macroeconomics

by Richard Rogerson

(pp. 137–58)

How Cyclical Is the User Cost of Labor?

by Marianna Kudlyak

(pp. 159–80)

Privacy Protection and Government Data

Spring 2024

Government Data of the People, by the People, for the People: Navigating Citizen Privacy Concerns

by Claire McKay Bowen

(pp. 181–200)

When Privacy Protection Goes Wrong: How and Why the 2020 Census Confidentiality Program Failed

by Steven Ruggles

(pp. 201–26)

The Global Market for Talent

Winter 2024

Skilled Immigrants, Firms, and the Global Geography of Innovation

by Britta Glennon

(pp. 3–26)

Migration and Innovation: Learning from Patent and Inventor Data

by Francesco Lissoni and Ernest Miguelez

(pp. 27–54)

Taxation and Developing Countries

Winter 2024

Tax Equity in Low- and Middle-Income Countries

by Pierre Bachas ⓡ Anders Jensen ⓡ Lucie Gadenne

(pp. 55–80)

How Can Lower-Income Countries Collect More Taxes? The Role of Technology, Tax Agents, and Politics

by Oyebola Okunogbe and Gabriel Tourek

(pp. 81–106)

Does the Value-Added Tax Add Value? Lessons Using Administrative Data from a Diverse Set of Countries

by Anne Brockmeyer ⓡ Giulia Mascagni ⓡ Vedanth Nair ⓡ Mazhar Waseem ⓡ Miguel Almunia

(pp. 107–32)

After the Pandemic

Fall 2023

Why Did the Best Prepared Country in the World Fare So Poorly during COVID?

by Jennifer B. Nuzzo and Jorge R. Ledesma

(pp. 3–22)

The Evolution of Work from Home

by José María Barrero, Nicholas Bloom, and Steven J. Davis

(pp. 23–50)

COVID-19, School Closures, and Outcomes

by Rebecca Jack and Emily Oster

(pp. 51–70)

Wealth

Fall 2023

Changes in the Distribution of Black and White Wealth since the US Civil War

by Ellora Derenoncourt, Chi Hyun Kim, Moritz Kuhn, and Moritz Schularick

(pp. 71–90)

Why Do Retired Households Draw Down Their Wealth So Slowly?

by Eric French, John Bailey Jones, and Rory McGee

(pp. 91–114)

Where Does Wealth Come From? Measuring Lifetime Resources in Norway

by Sandra E. Black, Paul J. Devereux, Fanny Landaud, and Kjell G. Salvanes

(pp. 115–36)

The Importance of Financial Literacy: Opening a New Field

by Annamaria Lusardi and Olivia S. Mitchell

(pp. 137–54)

The Electricity Grid

Fall 2023

Transmission Impossible? Prospects for Decarbonizing the US Grid

by Lucas W. Davis, Catherine Hausman, and Nancy L. Rose

(pp. 155–80)

The Economics of Electricity Reliability

by Severin Borenstein, James Bushnell, and Erin Mansur

(pp. 181–206)

Economics Career Paths

Fall 2023

The Economics Profession's Socioeconomic Diversity Problem

by Anna Stansbury and Robert Schultz

(pp. 207–30)

Early Career Paths of Economists inside and outside of Academia

by Lucia Foster, Erika McEntarfer, and Danielle H. Sandler

(pp. 231–50)

Supply Chains

Summer 2023

How Far Goods Travel: Global Transport and Supply Chains from 1965–2020

by Sharat Ganapati and Woan Foong Wong

(pp. 3–30)

The Changing Firm and Country Boundaries of US Manufacturers in Global Value Chains

by Teresa C. Fort

(pp. 31–58)

Global Value Chains in Developing Countries: A Relational Perspective from Coffee and Garments

by Laura Boudreau, Julia Cajal-Grossi, and Rocco Macchiavello

(pp. 59–86)

International Dimensions of Climate Change Policy

Summer 2023

Are Developed Countries Outsourcing Pollution?

by Arik Levinson

(pp. 87–110)

Think Globally, Act Globally: Opportunities to Mitigate Greenhouse Gas Emissions in Low- and Middle-Income Countries

by Rachel Glennerster and Seema Jayachandran

(pp. 111–36)

Carbon Border Adjustments, Climate Clubs, and Subsidy Races When Climate Policies Vary

by Kimberly A. Clausing and Catherine Wolfram

(pp. 137–62)

Global Transportation Decarbonization

by David Rapson ⓡ Erich Muehlegger

(pp. 163–88)

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Journal of Economic Perspectives

Issues