What processes contribute to political polarization? Read this cause-and-effect model that links polarization among elites, non-elites, and voters in the latest issue of the Journal of Political Economy,

: ow.ly/4hVb50IFAeQ

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Just accepted at the Journal of Political Economy (

@JPolEcon

), “Self-Fulfilling Debt Crises, Revisited,” by our Zach Stangebye (along with Aguiar, Chatterjee, and Cole):

journals.uchicago.edu

Self-Fulfilling Debt Crises, Revisited | Journal of Political Economy

Lack of commitment at the time of auction to repayment of imminently maturing debt can generate a run on debt and immediate default. We show that the same lack of commitment leads to other possible...

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HEDG researcher

's paper 'Good Reverberations? Teacher Influence in Music Composition since 1450' is now in print with the

@JPolEcon

.

journals.uchicago.edu

Good Reverberations? Teacher Influence in Music Composition since 1450 | Journal of Political...

Teachers and mentors in creative fields shape their students’ skills and views of the craft and thus the work they produce. How significant and persistent is this influence? Are there consequences...

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The cultivation of cereals, rather than increased land productivity, is a possible origin of tax-levying elites and modern states. Read this Ahead of Print article from the Journal of Political Economy,

@JPolEcon

: ow.ly/jWYx50Iou3M

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How does banking competition affect credit provision and growth? Learn about bank capital requirements during the 19th century National Banking Era in the Journal of Political Economy,

@JPolEcon

: ow.ly/3pQw50IhsuE

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We will be announcing some exciting new features of JPE-Micro soon. But, here is a glimpse: time to change the incentives around replications. We will take them! The knowledge creation market in economics can do better. We hope to help.

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#NewStudy: "Are There Too Many Farms in the World? Labor Market Transaction Costs, Machine Capacities..." (CFP 1773) by Rosenzweig of

/

& Foster (

)

research summary: egc.yale.edu/research/rosen

@JPolEcon

:

journals.uchicago.edu

Are There Too Many Farms in the World? Labor Market Transaction Costs, Machine Capacities, and...

We show that labor market transaction costs explain why the smallest farms are more efficient than slightly larger farms in most low-income countries and that increases in machine capacity with...

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What is the relationship between a buyer's learning strategy and a seller's pricing policy? Explore the impact of freely available information in the Journal of Political Economy,

@JPolEcon

: ow.ly/rv2Q50HZIjm

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JPE

@JPolEcon

Feb 22

CALL FOR BACK COVER QUOTES We love quotes from literature, movies, and other sources that illustrate economic principles in new, interesting, even irreverent ways. If you find a good quote, please send it (with complete citation) to jpe@press.uchicago.edu.

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JPE Retweeted

Stockholm School of Economics

@handels_sse

Feb 22

We are very proud to announce that Anna Dreber Almenberg, Johan Björkman Professor of Economics at the Department of Economics, has been appointed editor at the recently launched Journal of Political Economy Microeconomics. #sse #annadreber #editor bit.ly/3BFh8Ta

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JPE

@JPolEcon

Feb 17

Have you heard? We are adding two journals to the JPE family! Read more about JPE Macroeconomics, JPE Microeconomics, and other news from the JPE at journals.uchicago.edu/journals/jpe/p

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JPE

@JPolEcon

Feb 17

We are excited to announce the addition of two journals to the JPE family! Read more about JPE Macroeconomics, JPE Microeconomics, and other news from the JPE at journals.uchicago.edu/journals/jpe/p

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Do buyers in decentralized markets benefit from intermediaries? Discover the dynamics of New York City's trade-waste market in the newest Journal of Political Economy,

@JPolEcon

: ow.ly/uRZj50HTVsZ

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What factors influence consumer demand for government-controlled online new content in Russia? Explore the dynamics of media control and media power in the newest Journal of Political Economy,

@JPolEcon

: ow.ly/k6Fm50HNqyt

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Ahead of print at the JPE (

@JPolEcon

), “Self-Fulfilling Debt Crises, Revisited,” by our Zach Stangebye and coauthors:

journals.uchicago.edu

Self-Fulfilling Debt Crises, Revisited | Journal of Political Economy

Lack of commitment at the time of auction to repayment of imminently maturing debt can generate a run on debt and immediate default. We show that the same lack of commitment leads to other possible...

3

9

Are you a rising dictator struggling to spread online propaganda? Look no further — our paper (w/

@justinmrao

) just out at

@JPolEcon

can teach you what gets people to consume your puppet news outlets journals.uchicago.edu/doi/10.1086/71 A (joking) thread (on our serious paper). 1/N

journals.uchicago.edu

Demand for Online News under Government Control: Evidence from Russia | Journal of Political...

We examine the nature of consumer demand for government-controlled online news outlets in Russia, testing whether such demand reflects a preference for progovernment ideological coverage or other...

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The Origin of the State: Land Productivity or Appropriability? My JPE with

@PascaliLuigi

and Joram Mayshar. I consider this my most significant work in 25 years of research.

journals.uchicago.edu

The Origin of the State: Land Productivity or Appropriability? | Journal of Political Economy: Vol...

The conventional theory about the origin of the state is that the adoption of farming increased land productivity, which led to the production of food surplus. This surplus was a prerequisite for the...

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How does the US labor market absorb low-skilled immigration? Explore the influence of immigration on wages and housing prices in the Journal of Political Economy,

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What happens to women's poverty and bargaining power in their households as they age? Find out in the Journal of Political Economy,

@JPolEcon

: ow.ly/YSRc50Hvm7V

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JPE

@JPolEcon

Jan 5

The January 2022 issue of JPE is now available online at journals.uchicago.edu/toc/jpe/2022/1

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What factors influence the likelihood of self-fulfilling runs by depositors in the US life insurance industry? Learn more in the Journal of Political Economy,

@JPolEcon

: ow.ly/caWF50H8LHO

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Forthcoming in

, one of my favorite papers—by {

@doronravid

, Roesler, Szentes}. It studies a game between a buyer and a seller. Simultaneously, the seller decides on a price to post for a good, and the buyer decides how much information to acquire about the good's value.

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How has the relationship between income and wealth inequality in America changed between 1949 and 2016? Explore this analysis of data from the Survey of Consumer Finances in

@JPolEcon

, the Journal of Political Economy: ow.ly/mZAF50H3M1f

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🥂👏A huge congrats to our colleague Karol Jan Borowiecki (

@Arts_Econ

), on having his fab, innovative paper 'Good Reverberations? Teacher Influence in Music Composition since 1450' accepted in the (

@JPolEcon

) Journal of Political Economy.

journals.uchicago.edu

Good Reverberations? Teacher Influence in Music Composition since 1450 | Journal of Political...

Teachers and mentors in creative fields shape their students’ skills and views of the craft and thus the work they produce. How significant and persistent is this influence? Are there consequences...

1

4

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How much creative influence do teachers have on their students? Cool paper using data on music composition finds that: "teacher lives on as a reverberation in the work of the student" ... and the student's students! doi.org/10.1086/718370 by

@Arts_Econ

Forthcoming in JPE

JPE

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JPE Retweeted

Institute for International Economic Studies

In

's paper in

, he, Hans Grönqvist & Per-Olof Robling find that even low levels of lead exposure affects long-run outcomes, that boys are more affected, & that changes in noncognitive skills explain a sizeable share of the impact on crime and human capital

Quote Tweet

Chicago Journals

@ChicagoJournals

· Nov 30, 2021

High levels of lead exposure during childhood can influence academic achievement and earnings among adults. Find out more in the Journal of Political Economy, @JPolEcon: ow.ly/9BmH50GUKcr

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High levels of lead exposure during childhood can influence academic achievement and earnings among adults. Find out more in the Journal of Political Economy,

@JPolEcon

: ow.ly/9BmH50GUKcr

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7

21

Does criminal behavior “spill over” between peers? And what are the lessons for designing optimal and cost-effective preventive policies? Christian Dustmann &

@r_landersoe

explore these questions in the

@JPolEcon

lead article 1/8 #EconTwitter

journals.uchicago.edu

Child’s Gender, Young Fathers’ Crime, and Spillover Effects in Criminal Behavior | Journal of...

Men who father their first child at a very young age are convicted of significantly fewer crimes in the first years after birth if the child is a son rather than a daughter. This leads to behavioral...

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The December issue of JPE is now available online: journals.uchicago.edu/toc/jpe/2021/1

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JPE

@JPolEcon

Nov 18, 2021

The December issue of JPE is now available online: journals.uchicago.edu/toc/jpe/2021/1

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5

What factors contributed to the housing boom-bust around the U.S. Great Recession? Find out more in the Journal of Political Economy,

@JPolEcon

: ow.ly/4yfP50GNlrk

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1

Very happy that our paper “The Transmission of Monetary Policy under the Microscope” has been published in

@JPolEcon

, joint work with

@BlomhoffHolm

and

@ATischbi

. With a slight delay, here is a short summary! journals.uchicago.edu/doi/10.1086/71 (1/N)

journals.uchicago.edu

The Transmission of Monetary Policy under the Microscope | Journal of Political Economy: Vol 129,...

We investigate the transmission of monetary policy to household consumption using administrative data on the universe of households in Norway. On the basis of identified monetary policy shocks, we...

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294

What factors encourage false memory and amnesia? Learn about a large-scale experiment on memory errors in the Journal of Political Economy,

@JPolEcon

: ow.ly/2Ufv50GBMSs

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The Journal of Political Economy article "Is It Harder for Older Workers to Find Jobs?" was mentioned in an episode of

@NPR

's

@theindicator

podcast: ow.ly/Ensx50GBNnq. Read the original article from

@JPolEcon

: ow.ly/TnGj50GBNnp

read image description

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JPE Retweeted

Ahmed Mushfiq Mobarak

@mushfiq_econ

Nov 1, 2021

An important paper on rural productivity by

@afosterri

of

@BrownUniversity

and Mark Rosenzweig of

@YaleEconomics

now forthcoming in the

@JPolEcon

: Are Farm Sizes too Small?

journals.uchicago.edu

Are There Too Many Farms in the World? Labor Market Transaction Costs, Machine Capacities, and...

We show that labor market transaction costs explain why the smallest farms are more efficient than slightly larger farms in most low-income countries and that increases in machine capacity with...

16

67

Excited my job market paper has a home

@JPolEcon

: doi.org/10.1086/717893 #EconTwitter #WelfareReform Quite a lot of time/effort, and grateful to coauthors Carlos Lamarche and Jim Ziliak

@UKCPR

@UKGattonCollege

as well as supportive colleagues

@CpspPoverty

@ColumbiaSSW

journals.uchicago.edu

Welfare Reform and the Intergenerational Transmission of Dependence | Journal of Political Economy:...

We investigate the effect of welfare reform on intergenerational welfare participation, using mother-daughter pairs in the Panel Study of Income Dynamics. We find that a mother’s Aid to Families with...

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JPE

@JPolEcon

Nov 2, 2021

CALL FOR BACK COVER QUOTES We love quotes from literature, movies, and other sources that illustrate economic principles in new, interesting, even irreverent ways. If you find a good quote, please send it (with complete citation) to jpe@press.uchicago.edu.

2

7

Requiring midwives to be licensed reduced maternal mortality by 7%–8% and may have led to modest reductions in infant mortality. Learn about the importance of occupational licensing in

@JPolEcon

, the Journal of Political Economy: ow.ly/iR1h50GsChg

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JPE

@JPolEcon

Oct 20, 2021

The November issue of JPE is now online! Read about airline markets, natural resource scarcity and technical change, optimal income taxation, and more at journals.uchicago.edu/toc/jpe/current

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