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Quarterly journal of economics
The Quarterly Journal of Economics (QJE) is the oldest professional journal of economics in the English language, dating back to 1886. Edited at Harvard University's Department of Economics, it covers all aspects of the field, from the journal's traditional emphasis on microtheory, to both empirical and theoretical macroeconomics. QJE is invaluable to professional and academic economists and students around the world.
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Current Table of Contents
- State-Dependent or Time-Dependent Pricing: Does It Matter for Recent U.S. Inflation?*
Quarterly Journal of Economics, Volume 123, Issue 3, Page 863-904, August 2008. <br/> In the 1988–2004 microdata collected by the U.S. Bureau of Labor Statistics for the Consumer Price Index, price changes are frequent (every 4–7 months, depending on the treatment of sale prices) and large in absolute value (on the order of 10%). The size ... - The Scope of Cooperation: Values and Incentives*
Quarterly Journal of Economics, Volume 123, Issue 3, Page 905-950, August 2008. <br/> What explains the range of situations in which individuals cooperate? This paper studies a model where individuals respond to incentives but are also influenced by norms of good conduct inherited from earlier generations. Parents rationally choose what ... - Does Hazardous Waste Matter? Evidence from the Housing Market and the Superfund Program*
Quarterly Journal of Economics, Volume 123, Issue 3, Page 951-1003, August 2008. <br/> This paper uses the housing market to develop estimates of the local welfare impacts of Superfund-sponsored cleanups of hazardous waste sites. We show that if consumers value the cleanups, then the hedonic model predicts that they will lead to increases ... - Investigating Inflation Persistence Across Monetary Regimes*
Quarterly Journal of Economics, Volume 123, Issue 3, Page 1005-1060, August 2008. <br/> Under inflation, targeting estimates of the indexation parameter in hybrid New Keynesian Phillips curves are either equal to zero, or very low, in the United Kingdom, Canada, Sweden, and New Zealand. Analogous results hold for the Euro area under the ... - Selection, Investment, and Women's Relative Wages Over Time*
Quarterly Journal of Economics, Volume 123, Issue 3, Page 1061-1110, August 2008. <br/> In theory, growing wage inequality within gender should cause women to invest more in their market productivity and should differentially pull able women into the workforce. Our paper uses Heckman's two-step estimator and identification at infinity on ... - The Limits of Equality: Insights from the Israeli Kibbutz*
Quarterly Journal of Economics, Volume 123, Issue 3, Page 1111-1159, August 2008. <br/> What limits the capacity of society to redistribute? What determines the structure of compensation in organizations striving for income equality? This paper addresses these questions by investigating the economic and sociological forces underlying the ... - Parental Guidance and Supervised Learning*
Quarterly Journal of Economics, Volume 123, Issue 3, Page 1161-1195, August 2008. <br/> We propose a simple theoretical model of supervised learning that is potentially useful to interpret a number of empirical phenomena relevant to the nature-nurture debate. The model captures a basic trade-off between sheltering the child from the ... - Economics and Politics of Alternative Institutional Reforms*
Quarterly Journal of Economics, Volume 123, Issue 3, Page 1197-1250, August 2008. <br/> In a model with heterogeneity in managerial talent, we compare the economic and political consequences of reforms aimed at reducing fixed costs of entry (deregulation) and improving the efficiency of financial markets (financial reform). The effects of ... - Missing Women and the Price of Tea in China: The Effect of Sex-Specific Earnings on Sex Imbalance*
Quarterly Journal of Economics, Volume 123, Issue 3, Page 1251-1285, August 2008. <br/> Economists have long argued that the sex imbalance in developing countries is caused by underlying economic conditions. This paper uses exogenous increases in sex-specific agricultural income caused by post-Mao reforms in China to estimate the effects of ... - Women's Suffrage, Political Responsiveness, and Child Survival in American History*
Quarterly Journal of Economics, Volume 123, Issue 3, Page 1287-1327, August 2008. <br/> Women's choices appear to emphasize child welfare more than those of men. This paper presents new evidence on how suffrage rights for American women helped children to benefit from the scientific breakthroughs of the bacteriological revolution. ...