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Long-Distance Trade and Long-Term Persistence

By Sebastian Ellingsen

American Economic Journal: Macroeconomics

Do changes in the location of trading opportunities cause changes in the location of economic activity? I explore this question using a lifting of restrictions on trade across the Spanish Empire in the 18th century. I combine a difference-in-differences a...

www.aeaweb.org/articles?id=10.1257/mac.20230017

Population and Welfare: Measuring Growth when Life is Worth Living

By Mohamad Adhami, Mark Bils, Charles I. Jones, and Peter J. Klenow

American Economic Journal: Macroeconomics

Economic growth is typically measured in per capita terms. A long tradition in philosophy, however, suggests that social welfare may depend on the number of people as well. To illustrate how much this matters quantitatively, we decompose welfare growth...

www.aeaweb.org/articles?id=10.1257/mac.20250382

Ten Years of Relational Power: The Long-Run Effects of Teaching Negotiation Skills to Adolescent Girls

By Nava Ashraf, Natalie Bau, Corinne Low, and Xiaoyue Shan

American Economic Review: Insights

We evaluate the effects of teaching negotiation skills to adolescent girls in economically vulnerable communities in Lusaka, Zambia ten years later. Treated participants complete 0.23 more years of education. Consistent with greater relational empowerme...

www.aeaweb.org/articles?id=10.1257/aeri.20250560

The Aggregate Costs of Uninsurable Business Risk

By Corina Boar, Denis Gorea, and Virgiliu Midrigan

American Economic Review

We use firm-level data to document that private businesses experience large fluctuations in their profit shares. These are due to large, fat-tailed and transitory changes in output that are not fully accompanied by changes in their inputs. We interpret ...

www.aeaweb.org/articles?id=10.1257/aer.20230849

The Effect of High-Tech Clusters on the Productivity of Top Inventors: Comment

By Michael Wiebe

American Economic Review

Moretti (2021) reports a positive elasticity between technology cluster size and patenting, and uses an event study and instrumental variables regressions to justify a causal interpretation. The event study does not use the variation generated by inventor...

www.aeaweb.org/articles?id=10.1257/aer.20231415

Taxation and Supplier Networks: Evidence from India

By Lucie Gadenne, Tushar K. Nandi, and Roland Rathelot

American Economic Journal: Applied Economics

This paper considers how tax policy affects supply chains in a developing economy. Using administrative panel data on firms and transactions between them, we document substantial segmentation of supply chains between firms paying Value-Added Taxes (VAT) a...

www.aeaweb.org/articles?id=10.1257/app.20230505

Economics of LGBTQ+ Individuals Virtual Seminar Series

[Page]

www.aeaweb.org/about-aea/committees/csqiep/virtual-seminars

East–West preindustrial wage divergence

[Research Highlight]

April 21, 2026

The effects of land ownership on wages in Japan, 1600–1870

www.aeaweb.org/research/equality-poverty-preindustrial-japan

How Equality Created Poverty in Preindustrial Japan, 1600–1870

By Yuzuru Kumon

American Economic Journal: Applied Economics, April 2026

Despite well-developed economic institutions, premodern Japan, 1600–1868, had among the lowest real wages according to available estimates, around half those in preindustrial England. However, many Japanese peasants owned land, unlike their mostly landl...

www.aeaweb.org/articles?id=10.1257/app.20240355