Housing and Inequality

By Yannis M. Ioannides and L. Rachel Ngai

Journal of Economic Literature, September 2025

We approach the literature on housing and inequality from two angles. One is the impact of unequal endowments on housing. The second is the "memberships" inequality associated with neighborhoods, namely, households' location in a geographic and social con...

Front Matter

Journal of Economic Literature, September 2025

Downey, Leah. Our Money: Monetary Policy as if Democracy Matters

By Sarah Bloom Raskin

Journal of Economic Literature, September 2025

Edmans, Alex. May Contain Lies: How Stories, Statistics, and Studies Exploit Our Biases—And What We Can Do about It

By Russell Golman and Silvia Saccardo

Journal of Economic Literature, September 2025

Epstein, Gerald. Busting the Bankers’ Club: Finance for the Rest of Us

By Robert F. Bruner

Journal of Economic Literature, September 2025

Geisst, Charles R. Just Price in the Markets: A History

By Ross B. Emmett

Journal of Economic Literature, September 2025

Hill Edwards, Justene. Savings and Trust: The Rise and Betrayal of the Freedman's Bank

By Eric Chyn

Journal of Economic Literature, September 2025

Kaplow, Louis. Rethinking Merger Analysis

By Carl Shapiro

Journal of Economic Literature, September 2025

Merrill, Thomas W. The Chevron Doctrine: Its Rise and Fall, and the Future of the Administrative State

By Jonathan H. Adler

Journal of Economic Literature, September 2025

Mshomba, Richard E. Africa and Preferential Trade: An Unpredictable Path for Development

By Evelyn (Wamboye) Nyadwera

Journal of Economic Literature, September 2025

Vaheesan, Sandeep. Democracy in Power: A History of Electrification in the United States

By Carl Kitchens

Journal of Economic Literature, September 2025

Annotated Listing of New Books

Journal of Economic Literature, September 2025

JEL Classification System for Books

Journal of Economic Literature, September 2025

The Economics of Inequality and the Environment

By Moritz A. Drupp, Ulrike Kornek, Jasper N. Meya, and Lutz Sager

Journal of Economic Literature, September 2025

Environmental degradation and economic inequality are two of the defining challenges of the twenty-first century. We synthesize conceptual mechanisms that underpin inequality–environment linkages and take stock of the relevant empirical evidence. We pro...

AEA Guidance on the 2025-26 Economics Job Market Cycle

[News]

September 02, 2025

View the AEA Member Announcement from August 5th, 2024.

Opportunity Hunters: A Model of Competitive Sequential Inspections

By Ran Eilat, Zvika Neeman, and Eilon Solan

American Economic Journal: Microeconomics

We introduce a new type of games, called “opportunity-hunting games,” in which two players compete to discover an uncertain event (“opportunity”) that occurs at an unobserved and random point in time. Players can inspect whether the event has al...

Committee Members

[Page]

Karen Dynan, Chair

Moving toward the center

[Page]

How do politicians adjust their messages based on who they're running against?

Testing Efficient Risk Sharing with Heterogeneous Risk Preferences

By Maurizio Mazzocco and Shiv Saini

American Economic Review, February 2012

We propose a method that enables one to test efficient risk sharing even when households have different risk preferences. The method is composed of three tests. The first one determines whether in the data households have homogeneous risk preferences. The...

Testing Efficient Risk Sharing with Heterogeneous Risk Preferences: Comment

By Aditya Shrinivas and Marcel Fafchamps

American Economic Review, October 2018

Mazzocco and Saini (2012) propose and implement a test of efficient risk sharing that allows for preference heterogeneity. They motivate their approach as yielding different results from those of standard efficiency test with homogeneous preferences. We s...