Midcentury stagnation in health and education

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There was steady decline in the well-being of American cohorts born between 1947 and the mid-1960s.

Procedures Upon Receipt of Complaints Regarding Conduct of AEA Members

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IT and Urban Polarization

By Jan Eeckhout, Christoph Hedtrich, and Roberto Pinheiro

American Economic Journal: Macroeconomics

We show that differential IT investment across cities has been a key driver of job and wage polarization since the 1990s. Using a novel data set, we establish two stylized facts: IT investment is highest in firms in large and expensive cities, and the dec...

Anatomy of the Greek Depression with Firm-Level Data: The Importance of Demand Shocks

By Stelios Giannoulakis and Plutarchos Sakellaris

American Economic Journal: Macroeconomics

During the Greek Depression, which saw a 22% decline in output, young firms and small firms experienced significantly steeper declines in sales growth compared to their mature and larger counterparts. This disparity was largely driven by adverse demand ...

Guidelines for Preliminary Proposals For AEA Summer Training Program Applicants

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AEA Committee News and Announcements

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July 14, 2025

View the AEA Member Announcement from July 15, 2025.

Editors

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Current editors and editorial staff of the AEJ: Microeconomics.

Editorial Policy

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CSMGEP Profiles: Angelino Viceisza

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Math has always been an important factor in Angelino Viceisza’s life. But when he adds it all up, mentors have been what made the difference.

Connections During Democratic Transitions: Insights from the Political Purge in Post-WWII France

By Toke S. Aidt, Jean Lacroix, and Pierre-Guillaume Méon

American Economic Journal: Economic Policy

We examine how connections shaped transitional justice during France’s post-WWII democratic transition. Parliamentarians who had supported the Vichy regime faced a two-stage purge process involving two courts. Using a difference-in-differences strategy,...

Invisible Wounds: How Mental Disability Benefits Shape Veteran Well-Being

By David Silver and Jonathan Zhang

American Economic Journal: Economic Policy

We study the effects of VA Disability Compensation for mental conditions. Leveraging quasi-random assignment to medical examiners with differing rating tendencies, we estimate the impacts of an additional $1,000 per year over a five-year horizon. Food ins...

Hacked to Pieces? The Effects of Ransomware Attacks on Hospitals and Patients

By Hannah Neprash, Claire McGlave, and Sayeh Nikpay

American Economic Journal: Economic Policy

As cybercriminals increasingly target healthcare, hospitals face the growing threat of ransomware attacks. Ransomware is a type of malicious software that prevents users from accessing electronic systems and demands a ransom to restore access. In this pap...

How Equality Created Poverty in Pre-industrial Japan, 1600–1870

By Yuzuru Kumon

American Economic Journal: Applied Economics

Despite well-developed economic institutions, Early Modern Japan (1600–1868), had among the lowest real wages according to available estimates, around half those in pre-industrial England. However, many Japanese peasants owned land unlike their mostly l...

Disemployment Effects of Unemployment Insurance: A Meta-Analysis

By Jonathan P. Cohen and Peter Ganong

American Economic Review: Insights

We systematically review studies of how unemployment benefits affect unemployment duration. Statistically significant findings are eight times more likely to be published. Correcting for publication bias cuts the average elasticity by a third. Meta-analys...

2025 Election Candidates

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Inflation Targeting under Fiscal Fragility

By Aloisio Araujo, Vitor Costa, Paulo Lins, Rafael Santos, and Serge de Valk

American Economic Journal: Macroeconomics

We propose a model to study an inflation-targeting regime under a high government debt burden. We assume that an altruistic policymaker chooses debt issuance, inflation, and public expenditure, while private agents dislike inflation and finance the govern...

2025 Election Candidates

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2025 Annual Election

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July 24, 2025

View the AEA Member Announcement from July 24, 2025.

AEA Templates

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We offer templates in different formats for manuscript native files.

Call for Papers: Sydney Annual Business Research Conference (SABRC) 2026

[News]

July 28, 2025

The submission deadline is November 21, 2025.