This paper estimates the effects of improving public transit infrastructure on city structure and welfare. It develops a quantitative urban model with multiple worker groups and transit modes, and derives a special case yielding sufficient statistics for ...

www.aeaweb.org/articles?id=10.1257/aer.20190874

Financial Frictions: Micro versus Macro Volatility

By Renato Faccini, Seungcheol Lee, Ralph Luetticke, Morten O. Ravn, and Tobias Renkin

American Economic Review, February 2026

We argue that consumer credit spreads matter for household choices and that time-varying spreads have important distributional consequences. Studying Danish household data, we show that consumer credit spreads have heterogeneous impact on asset dynamics a...

www.aeaweb.org/articles?id=10.1257/aer.20211219

Raising the Stakes: Physician Facility Investments and Provider Agency

By Elizabeth L. Munnich, Michael R. Richards, Christopher M. Whaley, and Xiaoxi Zhao

American Economic Review, February 2026

Principal-agent problems often extend beyond what can be directly addressed through conventional incentive arrangements. We examine a context where physicians are likely under-incentivized to minimize total medical costs until their private financial inte...

www.aeaweb.org/articles?id=10.1257/aer.20211324

"Potential" and the Gender Promotion Gap

By Alan Benson, Danielle Li, and Kelly Shue

American Economic Review, February 2026

We show that subjective assessments of employee "potential" contribute to gender gaps in promotion and pay. Using data on 29,809 management-track employees from a large retail chain, we find that women receive substantially lower potential ratings despite...

www.aeaweb.org/articles?id=10.1257/aer.20220831

Competition under Incomplete Contracts and the Design of Procurement Policies

By Rodrigo Carril, Andres Gonzalez-Lira, and Michael S. Walker

American Economic Review, February 2026

We study the effects of intensifying competition for contracts in the context of US Defense procurement. Leveraging a discontinuous regulation that mandates agencies to publicize certain contract opportunities, we document that expanding the set of bidder...

www.aeaweb.org/articles?id=10.1257/aer.20221345

Take the Goods and Run: Contracting Frictions and Market Power in Supply Chains

By Felipe Brugués

American Economic Review, February 2026

This paper studies the efficiency of self-enforced relational agreements, a common solution to contracting frictions, when sellers have market power and contracts cannot be externally enforced. To this end, I develop a dynamic contracting model with limit...

www.aeaweb.org/articles?id=10.1257/aer.20230264

Consumer Credit and the Incidence of Tariffs: Evidence from the Auto Industry

By Kristine W. Hankins, Morteza Momeni, and David Sovich

American Economic Review, February 2026

Captive finance subsidiaries create a channel for trade policy to affect consumer credit. Examining the impact of the Trump administration's metal tariffs on captive automobile lenders, we find that consumers received higher interest rates from captive le...

www.aeaweb.org/articles?id=10.1257/aer.20230432

Work from Home and the Office Real Estate Apocalypse

By Arpit Gupta, Vrinda Mittal, and Stijn Van Nieuwerburgh

American Economic Review, February 2026

We show remote work led to large drops in lease revenues, occupancy, and market rents in the commercial office sector. We revalue New York City office buildings, taking into account both the cash flow and discount rate implications of these shocks, and fi...

www.aeaweb.org/articles?id=10.1257/aer.20231619

A Theory of Supply Function Choice and Aggregate Supply

By Joel P. Flynn, George Nikolakoudis, and Karthik A. Sastry

American Economic Review, February 2026

Modern theories of aggregate supply are built on the foundation that firms set prices and commit to producing whatever the market demands. We remove this strategic restriction and allow firms to choose supply functions, mappings that describe the prices c...

www.aeaweb.org/articles?id=10.1257/aer.20240443

Gender Differences in Economics Seminars

By Pascaline Dupas, Amy Handlan, Alicia Sasser Modestino, Muriel Niederle, Mateo Seré, Haoyu Sheng, Justin Wolfers, and Seminar Dynamics Collective

American Economic Review, February 2026

We assess whether men and women are treated differently when presenting their economics research. We collected data across thousands of seminars, job market talks, and conference presentations, leveraging human judgment and audio-processing algorithms to ...

www.aeaweb.org/articles?id=10.1257/aer.20241718

EconHarmony

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EconHarmony allows prospective individual paper submitters who are members of the AEA to post information about their paper and search for other paper authors who might join them to form a complete session.

www.aeaweb.org/econharmony