Retrospectives: Friedman and Schwartz, Disaggregated

By Jennifer Burns

Journal of Economic Perspectives, Fall 2024

What was the contribution of Anna Schwartz to the landmark book she co-authored with Milton Friedman, A Monetary History of the United States, 1867–1960? A close examination of archival evidence suggests three primary contributions Schwartz mad...

The Political Economy of Industrial Policy

[Symposium: Industrial Policy]

By Réka Juhász and Nathan Lane

Journal of Economic Perspectives, Fall 2024

We examine the ways in which political realities shape industrial policy through the lens of modern political economy. We consider two broad "governance constraints": (1) the political forces that shape how industrial policy is chosen and (2) the ways in ...

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

[Symposium: Industrial Policy]

By Tristan Reed

Journal of Economic Perspectives, Fall 2024

Industrial policy prioritizes growth in specific sectors. Yet there is little agreement about how to target sectors in practice, and many argue that governments cannot pick winners. This essay observes that governments can and do identify tradable sectors...

Industrial Policy: Lessons from Shipbuilding

[Symposium: Industrial Policy]

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

Journal of Economic Perspectives, Fall 2024

Industrial policy has been used throughout history in some form or other by most countries. Yet, it remains one of the most contentious issues among policy makers and economists alike. In part, this is because the empirical evidence on whether and how it ...

Semiconductors and Modern Industrial Policy

[Symposium: Industrial Policy]

By Chad P. Bown and Dan Wang

Journal of Economic Perspectives, Fall 2024

Semiconductors have emerged as a headline in the resurgence of modern industrial policy. This paper explores the political economic history of the sector, the changing nature of the semiconductor supply chain, and the new sources of concern that have moti...

Origins of the 40-hour workweek

[Research Highlight]

November 01, 2024

How did workweek restrictions instituted during the Great Depression impact US labor markets?

Labor Market Effects of Workweek Restrictions: Evidence from the Great Depression

By Price Fishback, Chris Vickers, and Nicolas L. Ziebarth

American Economic Journal: Macroeconomics, October 2024

We study the effects of restrictions on the length of the workweek under the President's Reemployment Agreement (PRA) of July 1933 and the National Industrial Recovery Act. We construct a model in which the equilibrium without such a workweek restriction ...

Automation, construction costs, and pioneering economic theories

[News]

October 24, 2024

Reading recommendations from Timothy Taylor, managing editor of the Journal of Economic Perspectives"

Recommendations for Further Reading

By Timothy Taylor

Journal of Economic Perspectives, Fall 2024

A Presentation on Presenting

[Page]

Watch A Presentation on Presenting (2024)

Register Now for the Live Workshop Hosted by the Ombuds Team on Wednesday, November 13

[News]

November 07, 2024

View the AEA Member Announcement from November 7, 2024.

CSMGEP Profiles: Remembering Rodney Andrews

[Page]

Rodney Andrews was the first member of his family to attend college, and much of the work he did in economics was aimed at finding ways to ensure other students could have the same shot at success.

Carbon pricing

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What do scholars recommend?

Call for Papers: Los Angeles Annual Business Research Conference 2025

[News]

November 14, 2024

The submission deadline is January 31, 2025.

Call for Proposals: Hong Kong Institute of Monetary and Financial Research - Open-bid Applied Research Programme

[News]

November 30, 2023

Deadline for submissions is January 19, 2024.

Call for Proposals: Hong Kong Institute of Monetary and Financial Research - Open-bid Applied Research Programme

[News]

November 19, 2024

The submission deadline is January 31, 2025.

Assessing the Effects of the 2017 Tax Cut and Jobs Act

[Research Highlight]

November 19, 2024

Eric Zwick discusses the impact of the TCJA on the tax code and the economy.

Don't Miss the AEA Panel Sessions at ASSA 2025!

[News]

August 19, 2024

Upcoming Committee Programs and Other Announcements

[News]

November 26, 2024

View the AEA Member Announcement from November 26, 2024.

Coordination with Differential Time Preferences: Experimental Evidence

By Marina Agranov, Jeongbin Kim, and Leeat Yariv

American Economic Review: Insights, December 2024

The experimental literature on repeated games has largely focused on settings where players discount the future identically. In applications, however, interactions often occur between players whose time preferences differ. We study experimentally the effe...