Identifying the Impact of Inflation Expectations

By William A. Branch

American Economic Journal: Macroeconomics

Individuals form inflation expectations based on their demographics and locations. Different demographic groups respond differently to sectoral price changes, which we exploit to identify the inflationary impact of expectations. Our shift-share instrum...

Cross-Border Spillovers: How U.S. Monetary Conditions Affect M&As Around the World

By Katharina Bergant, Prachi Mishra, Raghuram Rajan, and Freddy Pinzon-Puerto

American Economic Journal: Macroeconomics

We study how U.S. monetary policy shocks transmit to cross-border merger and acquisition (M&A) activity. Using country- and firmlevel data, tighter U.S. policy is shown to reduce both the value and the number of cross-border deals. The effects are espe...

The Benefits from Bundling Demand in K-12 Broadband Procurement

By Gaurab Aryal, Pallavi Pal, Charles Murry, and Arnab Palit

American Economic Journal: Microeconomics

We study a new market design for K-12 broadband procurement that switched from school-specific bidding to a system that bundled schools into groups. Using an event study approach, we estimate that this program reduced internet prices by $9.17 (55%) per...

Determinants of Healthcare Provider Networks: Risk Selection vs. Administrative Costs

By Natalia Serna

American Economic Journal: Microeconomics

This paper shows that health insurers’ decisions to include providers in their networks are influenced by a previously underappreciated source of cost savings: network administrative costs. These costs counteract insurers’ incentives to offer narrow...

Divisive by Design: Shaping Values in Optimal Mechanisms

By Anja Prummer and Francesco Nava

American Economic Journal: Microeconomics

We study a principal who allocates a good to agents with private, independently distributed values through an optimal mechanism. The principal can strategically shape these value distributions by modifying the good’s features, which affect agents’ ...

Platform-Mediated Competition

By Quitzé Valenzuela-Stookey

American Economic Journal: Microeconomics

In many markets the interaction between individuals and competing firms is mediated by a strategic platform. A defining feature of modern platforms is their extensive ability to control interactions. To understand such markets, I incorporate within-sid...

Reskilling and Resilience

By Anders Humlum and Pernille Plato

American Economic Review: Insights

This paper shows that effective reskilling substantially reduces antidepressant use among injured workers and their partners. Exploiting institutional variation in access to higher education following work accidents in Denmark, we find that reskilling ...

New Applicant Societies Guidelines for Sessions at ASSA

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View guidelines for societies who wish to participate in the ASSA meetings.

About JOE Network

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Learn more about JOE (Job Openings for Economists)

Message from the AEA Ombuds Team at MWI

[News]

June 15, 2026

View the AEA Member Announcement from June 15, 2026.

Boundaries of the firm

[Research Highlight]

June 12, 2026

Limiting the cannibalization of existing patented products

Resetting the Innovation Clock: Endogenous Growth through Technological Turnover

By Philippe Aghion, Antonin Bergeaud, Timo Boppart, and Jean-Félix Brouillette

American Economic Review: Insights

We propose a model of endogenous economic growth with “weak” scale effects and diminishing returns to innovation at the micro level. In our model, entrants introduce new technologies through research and incumbents incrementally improve them throug...

Call for Papers: Hong Kong Institute for Monetary and Financial Research - 16th Workshop on Exchange Rates

[News]

June 22, 2026

The submission deadline is September 13, 2026.

Monopsony Makes It Big

By Sydnee Caldwell, Arindrajit Dube, and Suresh Naidu

Journal of Economic Literature

The literature on imperfect competition in labor markets has expanded rapidly in recent years. This article provides a guide to the field, focusing on the firm-specific (“residual”) labor supply elasticity as the definition of a firm’s labor market ...

The effects of remote work on the disability employment gap

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A rise in work from home explains most of the postpandemic gain in full-time employment among people with physical disabilities.

Optimal Costly Oversight with Investment and Cream-Skimming

By Sumeyra Akin and Tibor Heumann

American Economic Journal: Microeconomics

Transplant center oversight—conducted through costly flagging based on survival rates—is intended to improve outcomes. However, it has faced challenges because centers strategically select patients (and organs) to improve their reported outcomes. W...

Environmental market design

[Research Highlight]

June 02, 2026

Will Rafey discusses how contracts to remediate or restore Florida’s wetlands generated billions in gains from trade, but also increased total regional flood damage.

The wrong side of the tracks

[Research Highlight]

May 14, 2026

Eric Chyn discusses the effects of racial segregation on long-run economic outcomes.

Coarse Memory and Plausible Narratives

By Francesco Bilotta and Giacomo Manferdini

American Economic Journal: Microeconomics

We develop a dynamic model of narrative-based political competition. Voters recall the frequency of policies and outcomes, but not their correlation. Politicians exploit such coarse memory by crafting plausible narratives that overstate their policy’...

Matching with Strategic Consistency

By Marzena Rostek and Nathan Yoder

American Economic Journal: Microeconomics

In many environments, agents form agreements that have externalities or are multilateral, and may view some agreements as substitutable and others as complementary. This paper presents an approach that ensures the existence of stable outcomes in any en...