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The Quarterly Journal of Economics

@qjeharvard.bsky.social

9.3K followers 1 following 150 posts

The Quarterly Journal of Economics is the oldest professional journal of Economics in the English language. Edited by the Department of Economics at Harvard.

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The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

Recently accepted by #QJE, “The Price of Housing in the United States, 1890–2006,” by Lyons (@ronanlyons), Shertzer (@econhist-allday), Gray (@econhistoryorbust), and Agorastos: doi-org.ezp-prod1.hul.harvard.edu/10.1093/qje/...

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The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

#QJE Nov 2025, #15, “Aggregation and the Estimation of Quality Change: Application to U.S. Import Prices,” by Errico and Lashkari (@ldaniall.bsky.social): doi.org/10.1093/qje/...

Aggregation and the Estimation of Quality Change: Application to U.S. Import Prices*

Abstract. We characterize the contribution of changes in quality, price, and variety entry/exit to the aggregate price index for smooth, invertible demand

The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

#QJE Nov 2025, #14, “From Public Labs to Private Firms: Magnitude and Channels of Local R&D Spillovers,” by Bergeaud (@abergeaud.bsky.social), Guillouzouic (@arthurgzouic.bsky.social), Henry, and Malgouyres: doi.org/10.1093/qje/...

From Public Labs to Private Firms: Magnitude And Channels of Local R&D Spillovers*

Abstract. Introducing a new measure of scientific proximity between private firms and public research groups and exploiting a multibillion-euro financing p

The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

#QJE Nov 2025, #13, “Sexual Harassment in Public Spaces and Police Patrols: Experimental Evidence from Urban India,” by Amaral, Borker, Fiala, Kumar, Prakash, and Sviatschi: doi.org/10.1093/qje/...

Sexual Harassment in Public Spaces and Police Patrols: Experimental Evidence from Urban India

Abstract. We conduct a randomized controlled trial to evaluate the effect of an innovative police patrol program on sexual harassment in public spaces in H

The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

#QJE Nov 2025, #12, “What Drives Risky Prescription Opioid Use? Evidence from Migration,” by Finkelstein, Gentzkow, and Li: doi.org/10.1093/qje/...

What Drives Risky Prescription Opioid Use? Evidence From Migration*

ABSTRACT. We develop and estimate a dynamic model of risky prescription opioid use that allows us to unpack the role of person- and place-specific drivers

The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

#QJE Nov 2025, #11, “Barriers to Global Capital Allocation,” by Pellegrino, Spolaore, and Wacziarg: doi.org/10.1093/qje/...

Barriers to Global Capital Allocation*

ABSTRACT. Observed international investment positions and cross-country heterogeneity in rates of return to capital are hard to reconcile with frictionless

The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

#QJE Nov 2025, #10, “The Macroeconomic Consequences of Exchange Rate Depreciations,” by Fukui, Nakamura, and Steinsson: doi.org/10.1093/qje/...

The Macroeconomic Consequences of Exchange Rate Depreciations*

Abstract. We study the consequences of “regime-induced” exchange rate depreciations by comparing outcomes for peggers versus floaters to the U.S. dollar in

The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

#QJE Nov 2025, #9, “Present Bias Unconstrained: Consumption, Welfare, and the Present-Bias Dilemma,” by Peter Maxted: doi.org/10.1093/qje/...

Present Bias Unconstrained: Consumption, Welfare, and the Present-Bias Dilemma*

Abstract. By augmenting the continuous-time specification of Harris and Laibson (2013) with the assumption that hard borrowing constraints do not bind in e

The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

#QJE Nov 2025, #8, “Conviction, Incarceration, and Recidivism: Understanding the Revolving Door,” by Humphries, Ouss, Stavreva, Stevenson, and van Dijk: doi.org/10.1093/qje/...

Conviction, Incarceration, and Recidivism: Understanding the Revolving Door*

Abstract. Noncarceral conviction is a common outcome of criminal court cases: for every person incarcerated, there are approximately three who were recentl

The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

#QJE Nov 2025, #7, “Insurance Versus Moral Hazard in Income-Contingent Student Loan Repayment,” by Tim de Silva (@timdesilva.me): doi.org/10.1093/qje/...

Insurance Versus Moral Hazard in Income-Contingent Student Loan Repayment*

Abstract. Student loans with income-contingent repayment insure borrowers against income risk but can reduce their incentives to earn more. Using a change

The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

#QJE Nov 2025, #6, “Who You Gonna Call? Gender Inequality in External Demands for Parental Involvement,” by Buzard (@kbuzard7.bsky.social), Gee (@laurakgee.bsky.social), and Stoddard (@olgastoddard.bsky.social): doi.org/10.1093/qje/...

Who You Gonna Call? Gender Inequality in External Demands for Parental Involvement*

ABSTRACT. Gender imbalance in time spent on child-rearing causes gender inequalities in labor market outcomes, human capital accumulation, and economic mob

The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

#QJE Nov 2025, #5, “Investor Memory and Biased Beliefs: Evidence from the Field,” by Jiang, Liu, Peng, and Yan: doi.org/10.1093/qje/...

Investor Memory and Biased Beliefs: Evidence from the Field*

Abstract. We survey a large, representative sample of retail investors in China to elicit their memories of stock market investments and their return expec

The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

#QJE Nov 2025, #4, “Are Inflationary Shocks Regressive? A Feasible Set Approach,” by Del Canto (@pipeton8.bsky.social), Grigsby (@johngrigsby.bsky.social), Qian (@ericqian.bsky.social), and Walsh (@conorwalsh.bsky.social): doi.org/10.1093/qje/...

Are Inflationary Shocks Regressive? A Feasible Set Approach*

ABSTRACT. We develop a framework to measure the welfare impact of macroeconomic shocks throughout the distribution. The first-order impact of a shock is su

The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

#QJE Nov 2025, #3, “Bottom-Up Markup Fluctuations,” by Burstein, Carvalho, and Grassi (@basileg.bsky.social): doi.org/10.1093/qje/...

Bottom-Up Markup Fluctuations*

Abstract. We study markup cyclicality in a granular macroeconomic model with oligopolistic competition. We first characterize how firm, sectoral, and aggre

The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

#QJE Nov 2025, #2, “Distributional Growth Accounting: Education and the Reduction of Global Poverty, 1980-2019,” by Amory Gethin: doi.org/10.1093/qje/...

Distributional Growth Accounting: Education and the Reduction of Global Poverty, 1980–2019*

Abstract. This article quantifies the role played by education in the reduction of global poverty. I propose tools for identifying the contribution of scho

The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

#QJE Nov 2025, #1, “The Economics of Spatial Mobility: Theory and Evidence Using Smartphone Data,” by Miyauchi, Nakajima, and Redding (@reddingecon.bsky.social): doi.org/10.1093/qje/...

The Economics of Spatial Mobility: Theory and Evidence Using Smartphone Data*

ABSTRACT. We develop a tractable quantitative framework for modeling the rich patterns of spatial mobility observed in smartphone data. We show that travel

The Quarterly Journal of Economics @qjeharvard.bsky.social · 1d

The November 2025 issue of the #QJE is now online here: academic.oup.com/qje/issue/14...

Volume 140 Issue 4 | The Quarterly Journal of Economics | Oxford Academic

The official journal of the President and Fellows of Harvard University. The oldest professional journal of economics in the English language, it covers all aspects of the field.

academic.oup.com

The Quarterly Journal of Economics @qjeharvard.bsky.social · 5d

Recently accepted by #QJE, “The Macroeconomic Consequences of Exchange Rate Depreciations,” by Fukui, Nakamura, and Steinsson: doi.org/10.1093/qje/...

The Macroeconomic Consequences of Exchange Rate Depreciations

Abstract. We study the consequences of “regime-induced” exchange rate depreciations by comparing outcomes for peggers versus floaters to the US dollar in r

The Quarterly Journal of Economics @qjeharvard.bsky.social · 8d

Recently accepted by #QJE, “Vanguard: Black Veterans and Civil Rights After World War I,” by Ang and Chinoy: doi.org/10.1093/qje/...

Vanguard: Black Veterans and Civil Rights After World War I*

Abstract. Nearly 400,000 Black men were drafted into the National Army during World War I, where they toiled primarily as menial laborers in segregated uni

The Quarterly Journal of Economics @qjeharvard.bsky.social · 8d

Recently accepted by #QJE, “Dollar Dominance and the Transmission of Monetary Policy,” by McLeay and Tenreyro: doi.org/10.1093/qje/...

Dollar Dominance and The Transmission of Monetary Policy*

Abstract. Has the dominance of the dollar in global trade rendered monetary policy ineffective? An emerging view contends that if a country invoices its ex

The Quarterly Journal of Economics @qjeharvard.bsky.social · Sep 10

Recently accepted by #QJE, “Political Foundations of Racial Violence in the Post-Reconstruction South,” by Testa (@patesta.bsky.social) and Williams: doi.org/10.1093/qje/...

The Quarterly Journal of Economics @qjeharvard.bsky.social · Sep 10

Recently accepted by #QJE, “Failing Banks,” by Correia (@scorreia.com), Luck, and Verner (@emiverner.bsky.social): doi.org/10.1093/qje/...

The Quarterly Journal of Economics @qjeharvard.bsky.social · Sep 10

Recently accepted by #QJE, “Ideas Have Consequences: The Impact of Law and Economics on American Justice,” by Ash (@elliottash.bsky.social), Chen, and Naidu: doi.org/10.1093/qje/...

Ideas Have Consequences The Impact of Law and Economics on American Justice*

Abstract. This paper empirically studies the effects of the early law-and-economics movement on the U.S. judiciary. We focus on the Manne Economics Institu

The Quarterly Journal of Economics @qjeharvard.bsky.social · Sep 10

Recently accepted by #QJE, “Traditional Institutions in Modern Times: Dowries as Pensions When Sons Migrate,” by Bau, Khanna, Low, and Voena: doi.org/10.1093/qje/...

Traditional Institutions in Modern Times: Dowries as Pensions When Sons Migrate*

Abstract. This paper uses newly-collected data on the allocation of dowry to examine its role in resolving intergenerational frictions around migration in

The Quarterly Journal of Economics @qjeharvard.bsky.social · Sep 10

Recently accepted by #QJE, “Aggregation and the Estimation of Quality Change: Application to U.S. Import Prices,” by Errico and Lashkari (@ldaniall.bsky.social): doi.org/10.1093/qje/...