Call for Papers: Conference on Spatial Dynamics

[News]

June 13, 2025

The submission deadline is September 21, 2025.

Moving down the jobs ladder

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The role of jobless duration in understanding persistent earnings losses.

How Do Central Banks Control Inflation? A Guide for the Perplexed

By Laura Castillo-Martinez and Ricardo Reis

Journal of Economic Literature

Central banks have a primary goal of price stability. They pursue it using tools that include the interest they pay on reserves, the size and the composition of their balance sheet, and the dividends they distribute to the fiscal authority. We describe th...

Large Firms, Consumer Heterogeneity and the Profit Share

By Robert C. Feenstra, Luca Macedoni, and Mingzhi (Jimmy) Xu

American Economic Journal: Macroeconomics

We examine the relationship between large firms and profit share in an oligopolistic competition model with consumer heterogeneity. Conditional on the sales distribution, the presence of consumer heterogeneity increases the profit share by raising firm-le...

Online Seminars

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Difference-in-Differences Designs: A Practitioner’s Guide

By Andrew Baker, Brantly Callaway, Scott Cunningham, Andrew Goodman-Bacon, and Pedro H. C. Sant'Anna

Journal of Economic Literature

Difference-in-differences (DiD) is arguably the most popular quasi-experimental research design. Its canonical form, with two groups and two periods, is well-understood. However, empirical practices can be ad hoc when researchers go beyond that simple cas...

Ethnic Diversity, Historical Economic Exchange, and Development: Evidence from Andean Peru

By Miriam Artiles

American Economic Journal: Applied Economics

Is ethnic diversity good or bad for economic development? Most studies find corrosive e!ects. This paper shows that historical exposure to economic exchange can mitigate these e!ects in the long run. I collect data from a natural experiment of Peru’s ...

AEA-CEE Annual Reports

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AEACGR: Annual Reports

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Annual Reports of the AEA Committee on Government Relations

Annual Reports

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Front Matter

American Economic Journal: Applied Economics, July 2025

Preferences, Selection, and the Structure of Teacher Pay

By Andrew C. Johnston

American Economic Journal: Applied Economics, July 2025

I examine teacher preferences using a discrete-choice experiment linked to data on teacher effectiveness. I estimate willingness to pay for a rich set of compensation elements and working conditions. Highly effective teachers usually have the same prefere...

Voice at Work

By Jarkko Harju, Simon Jäger, and Benjamin Schoefer

American Economic Journal: Applied Economics, July 2025

We estimate the effects of worker voice on productivity, job quality, and separations. We study the 1991 introduction of a right to worker representation on boards or advisory councils in Finnish firms with at least 150 employees, designed to facilitate w...

New Gig Work or Changes in Reporting? Understanding Self-Employment Trends in Tax Data

By Andrew Garin, Emilie Jackson, and Dmitri Koustas

American Economic Journal: Applied Economics, July 2025

We show that increases in the share of workers reporting self-employment to the IRS are not associated with changes in firm-reported payments to "gig" and other contract workers after 2005 but are driven primarily by self-reported earnings of individuals ...

Food Transfers and Child Nutrition: Evidence from India's Public Distribution System

By Aditya Shrinivas, Kathy Baylis, and Benjamin Crost

American Economic Journal: Applied Economics, July 2025

India's National Food Security Act of 2013 (NFSA) led to one of the biggest expansions in food transfers in history, affecting over 500 million people. We use plausibly exogenous variation created by the NFSA to estimate the effect of food transfers on ch...

Not Playing Favorites: Parents and the Value of Equal Opportunity

By James Berry, Rebecca Dizon-Ross, and Maulik Jagnani

American Economic Journal: Applied Economics, July 2025

We conduct two experiments to identify the value parents place on equality of opportunity when investing in children. The experiments exogenously vary short-run returns to educational investments to identify the weight placed on equalizing "opportunity" (...

Skill Depreciation during Unemployment: Evidence from Panel Data

By Jonathan Cohen, Andrew C. Johnston, and Attila Lindner

American Economic Journal: Applied Economics, July 2025

We examine the depreciation of skills among unemployed German workers using a panel of skill measures linked to administrative data. Both the reemployment hazard and reemployment earnings steadily decline with unemployment duration. Indicators of depressi...

Salary History and Employer Demand: Evidence from a Two-Sided Audit

By Amanda Y. Agan, Bo Cowgill, and Laura K. Gee

American Economic Journal: Applied Economics, July 2025

We study how salary disclosures affect employer demand using a field experiment featuring hundreds of recruiters evaluating over 2,000 job applications. We randomize the presence of salary questions and the candidates' disclosures for male and female appl...

Background Matters, but Not Whether Parents Are Immigrants: Outcomes of Children Born in Denmark

By Mathias Fjællegaard Jensen and Alan Manning

American Economic Journal: Applied Economics, July 2025

In Europe, the children of migrants often have worse economic outcomes than those with local-born parents. This paper shows that children born in Denmark with immigrant parents (first-generation locals) have lower earnings, higher unemployment, less educa...

Tax Incentives for Migrants with Mid-level Earnings: Evidence from the Netherlands

By Lisa Marie Timm, Massimo Giuliodori, and Paul Muller

American Economic Journal: Applied Economics, July 2025

We examine how income taxes affect international mobility and wages. We study a Dutch preferential tax scheme for migrants, which introduced an income threshold for eligibility in 2012. The threshold is low relative to similar schemes in other countries, ...