The Quarterly Journal of Economics

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

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

The Evolutionary Stability of Moral Foundations* ABSTRACT. Moral foundations theory is an influential empirical description of moral perception. According to this theory, individuals make moral judgments

#QJE Aug 2025, #15, “The Evolutionary Stability of Moral Foundations,” by Avataneo, Norman, and Persico: doi.org/10.1093/qje/...

#QJE Aug 2025, #14, “‘Descended from Immigrants and Revolutionists:’ How Family History Shapes Immigration Policymaking,” by Feigenbaum (@jamesfeigenbaum.bsky.social), Palmer (@maxwellpalmer.com), and Schneer: doi.org/10.1093/qje/...

#QJE Aug 2025, #13, “What Works and For Whom? Effectiveness and Efficiency of School Capital Investments Across the U.S.,” by Biasi (@barbarabiasi.com), Lafortune, and Schönholzer (@davidschonholzer.bsky.social): doi.org/10.1093/qje/...

#QJE Aug 2025, #12, “Lives Versus Livelihoods: The Impact of the Great Recession on Mortality and Welfare,” by Finkelstein, Notowidigdo (@profnoto.bsky.social), Schilbach, and Zhang: doi.org/10.1093/qje/...

#QJE Aug 2025, #11, “The Long-Run Effects of America’s Largest Residential Desegregation Program: Gautreaux,” by Chyn (ericchyn.bsky.social), Collinson (@racollinson.bsky.social), and Sandler (@dismalscientist86.bsky.social): doi.org/10.1093/qje/...

#QJE Aug 2025, #10, “The Optimal Taxation of Couples,” by Golosov and Krasikov: doi.org/10.1093/qje/...

Revealed Beliefs and the Marriage Market Return to Education* Abstract. We develop a new methodology to estimate subjective beliefs from hypothetical-choice data. Our identification approach is based on the novel insi

#QJE Aug 2025, #9, “Revealed Beliefs and the Marriage Market Return to Education,” by Andrew (@alisonandrew.bsky.social) and Adams (@abicadams.bsky.social): doi.org/10.1093/qje/...

Collective Bargaining for Women: How Unions Can Create Female-Friendly Jobs* ABSTRACT. We study the role of unions in improving workplaces for women. Starting in 2015, Brazil’s largest trade union federation made women central to it

#QJE Aug 2025, #8, “Bargaining for Women: How Unions Can Create Female-Friendly Jobs,” by Corradini, Lagos, and Sharma: doi.org/10.1093/qje/...

Micro MPCs and Macro Counterfactuals: The Case of the 2008 Rebates* ABSTRACT. We present evidence that the high estimated marginal propensities to consume (MPCs) from the leading household studies result in implausible macr

#QJE Aug 2025, #7, “Micro MPCs and Macro Counterfactuals: The Case of the 2008 Rebates,” by Orchard (@jakeorchard.bsky.social), Ramey, and Wieland: doi.org/10.1093/qje/...

A Monetary-Fiscal Theory of Sudden Inflations* ABSTRACT. This article posits an information channel as an explanation for sudden inflations. Households saving via nominal government bonds face a choice

#QJE Aug 2025, #6, “A Monetary-Fiscal Theory of Sudden Inflations,” by Bassetto and Miller (@dsmintex.bsky.social): doi.org/10.1093/qje/...

Voluntary Minimum Wages: The Local Labor Market Effects of National Retailer Policies* ABSTRACT. Low unionization rates, a falling real federal minimum wage, and outsourcing have hampered wage growth in the low-wage sector in the United State

#QJE Aug 2025, #5, “Voluntary Minimum Wages: The Local Labor Market Effects of National Retailer Policies,” by Derenoncourt and Weil: doi.org/10.1093/qje/...

The Race Between Education, Technology, and the Minimum Wage* ABSTRACT. What is the effect of the real minimum wage on wages and inequality? I develop a theory that nests the race between education and technology. The

#QJE Aug 2025, #4, “The Race Between Education, Technology, and the Minimum Wage,” by Jonathan Vogel (@jonathanvogel.bsky.social): doi.org/10.1093/qje/...

Structural Estimation Under Misspecification: Theory and Implications for Practice* ABSTRACT. A researcher can use a tightly parameterized structural model to obtain internally consistent estimates of a wide range of economically interesti

#QJE Aug 2025, #3, “Structural Estimation Under Misspecification: Theory and Implications for Practice,” by Andrews, Barahona (@nanobarahona.bsky.social), Gentzkow, Rambachan (@asheshrambachan.bsky.social), and Shapiro: doi.org/10.1093/qje/...

Systemic Discrimination: Theory and Measurement* Abstract. Economists often measure discrimination as disparities arising from the direct effects of group identity. We develop new tools to model and measu

#QJE Aug 2025, #2, “Systemic Discrimination: Theory and Measurement,” by Bohren, Hull (@instrumenthull.bsky.social), and Imas (@aleximas.bsky.social): doi.org/10.1093/qje/...

Manufacturing Revolutions: Industrial Policy and Industrialization in South Korea* Abstract. I study the effect of industrial policies on industrial development by considering an important episode during the East Asian miracle: South Kore

#QJE Aug 2025, #1, “Manufacturing Revolutions: Industrial Policy and Industrialization in South Korea,” by Nathan Lane (@nathanlane.bsky.social): doi.org/10.1093/qje/...

Volume 140 Issue 3 | 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.

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

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

Recently accepted by #QJE, “Bottom-Up Markup Fluctuations,” by Burstein, Carvalho, and Grassi (@basileg.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

Recently accepted by #QJE, “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/...

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

Recently accepted by #QJE, “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/...

Sexual Harassment in Public Spaces and Police Patrols: Experimental Evidence from Urban India* Abstract. We conduct a randomized controlled trial to evaluate the impact of an innovative police patrol program on sexual harassment in public spaces in H

Recently accepted by #QJE, “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/...

Manufacturing Revolutions: Industrial Policy and Industrialization in South Korea* Abstract. I study the impact of industrial policies on industrial development by considering an important episode during the East Asian miracle: South Kore

Recently accepted by #QJE, “Manufacturing Revolutions: Industrial Policy and Industrialization in South Korea,” by Nathan Lane (@nathanlane.bsky.social): doi.org/10.1093/qje/...

The Optimal Taxation of Couples* ABSTRACT. We study optimal nonlinear taxation of single and married households. Taxes on couples depend on the earnings of both spouses and are an example

Recently accepted by #QJE, “The Optimal Taxation of Couples,” by Golosov and Krasikov: doi.org/10.1093/qje/...

Collective Bargaining for Women: How Unions Can Create Female-Friendly Jobs* Abstract. We study the role of unions in improving workplaces for women. Starting in 2015, Brazil’s largest trade union federation made women central to it

Recently accepted by #QJE, “Bargaining for Women: How Unions Can Create Female-Friendly Jobs,” by Corradini, Lagos, and Sharma: doi.org/10.1093/qje/...

Lives Versus Livelihoods: The Impact of the Great Recession on Mortality and Welfare*

Recently accepted by #QJE, “Lives Versus Livelihoods: The Impact of the Great Recession on Mortality and Welfare,” by Finkelstein, Notowidigdo (@profnoto.bsky.social), Schilbach, and Zhang: doi.org/10.1093/qje/...

Systemic Discrimination: Theory and Measurement* Abstract. Economists often measure discrimination as disparities arising from the direct effects of group identity. We develop new tools to model and measu

Recently accepted by #QJE, “Systemic Discrimination: Theory and Measurement,” by Bohren, Hull, and Imas: doi.org/10.1093/qje/...

Revealed Beliefs and the Marriage Market Return to Education* Abstract. We develop a new methodology to estimate subjective beliefs from hypothetical choice data. Our identification approach is based on the novel insi

Recently accepted by #QJE, “Revealed Beliefs and the Marriage Market Return to Education,” by Andrew (@alisonandrew.bsky.social) and Adams (@abicadams.bsky.social): doi.org/10.1093/qje/...

The Evolutionary Stability of Moral Foundations* Abstract. Moral Foundations Theory is an influential empirical description of moral perception. According to this theory, individuals make moral judgments

Recently accepted by #QJE, “The Evolutionary Stability of Moral Foundations,” by Avataneo, Norman, and Persico: doi.org/10.1093/qje/...

#QJE May 2025, “Acknowledgement of Referees,” doi.org/10.1093/qje/...