Labor Market Discrimination and the Racial Unemployment Gap: Can Monetary Policy Make a Difference?

By Isabel Cairó and Avi Lipton

American Economic Journal: Macroeconomics

Black workers experience higher, more volatile unemployment than white workers, a racial dis- parity unexplained by observables. A New Keynesian model with a frictional labor market, endogenous separations, and employer discrimination explains these out...

Innovation and Competition on a Rugged Technological Landscape

By Steven Callander, Nicolas S. Lambert, and Niko Matouschek

American Economic Journal: Microeconomics

We propose a model of dynamic spatial competition over a rugged technological landscape where product quality is revealed only after market introduction. Firms enter sequentially, deciding whether and how to innovate—either beyond the frontier or within...

Signaling for Interviews in the Economics Job Market

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AEA Guidance on the Economics Job Market Cycle

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September 08, 2026

Committee on the Job Market

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AEA Continuing Education: Recent Developments Lectures

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Learn about the AEA's annual program for continuing education.

Annual Meeting Registration and Other Announcements

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September 09, 2026

View the AEA Member Announcement from September 9, 2026.

Demo Home Page 2

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Economics of LGBTQ+ Individuals Virtual Seminar Series

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Spatial Firm Sorting and Local Monopsony Power

By Ilse Lindenlaub, Ryungha Oh, and Michael Peters

American Economic Journal: Macroeconomics

Using German administrative data, we document that high-wage locations have lower labor shares and higher wage dispersion. We show that a parsimonious model, in which firm monopsony power stems from search frictions, can explain these facts if "supersta...

EconLit

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The essential reference tool for economics literature.

Job Search, Wages, and Inflation

By Laura Pilossoph and Jane M. Ryngaert

American Economic Review

How do inflation expectations affect the job search behavior of workers when wages are set in nominal terms? A canonical job search model incorporating nominal wage rigidities predicts that on-the-job search should increase with expected inflation. Usi...

A Guide to Macroeconomics and Climate Change

By Adrien Bilal and James H. Stock

Journal of Economic Literature

This paper assesses the literature that links macroeconomics and climate change. We organize the paper around three themes: (i) loss and damage, which analyzes long-run economic costs and non-market impacts from climate change; (ii) mitigation and the ene...

Evaluating and Pricing Health Insurance in Lower-Income Countries: A Field Experiment in India

By Anup Malani, Cynthia Kinnan, Gabriella Conti, Kosuke Imai, Morgen Miller, Shailender Swaminathan, Alessandra Voena, and Bartosz Woda

American Economic Journal: Economic Policy

Universal health coverage is a central goal in many low-income countries. We conducted a large, four-year randomized trial of premiums and subsidies for India’s first national public hospital insurance program, RSBY. Demand was substantial (~60% uptake)...

Blackouts: The Role of India’s Wholesale Electricity Market

By Akshaya Jha, Louis Preonas, and Fiona Burlig

American Economic Journal: Economic Policy

Electricity blackouts impose substantial costs in developing countries. We advance a new explanation for their prevalence in India: utilities’ wholesale electricity demand is downward-sloping. We construct a novel dataset on India’s wholesale electr...

Announcement of an RCT on the Effects of Author-Anonymized Reviewing

[News]

September 09, 2026

View the AEA Member Announcement from September 10, 2026.

Announcement of an RCT on the Effects of Author-Anonymized Reviewing

[News]

September 09, 2026

The Sources of Researcher Variation in Economics

By Nick Huntington-Klein and Claus C. Pörtner

Journal of Economic Literature

Disagreement among researchers is a central and productive feature of scientific progress. Yet researchers’ incentives and behaviors, some only partly visible to readers, may affect empirical results. When these sources of variation affect estimates, st...

Dementia and Long-Run Trajectories in Household Finances

By Jing Li, Kathleen McGarry, Lauren Hersch Nicholas, and Jonathan Skinner

American Economic Journal: Economic Policy

Existing evidence suggests that wealth may decline before dementia onset, but the mechanisms underlying these reductions are poorly understood. Using longitudinal data from the Health and Retirement Study, we compare household finance trajectories for ind...

The Effects of Occupational Licensing Stringency on the Market for Public School Teachers

By Bradley J. Larsen, Ziao Ju, Adam Kapor, and Chuan Yu

American Economic Journal: Economic Policy

Concerned about the low academic ability of teachers, in the 1990s and 2000s, some states increased occupational licensing stringency to weed out low-academic-ability candidates, while others decreased restrictions in hopes of attracting more competitiv...