Abstract. Can markets discipline socially costly misbehavior abroad? We explore the market penalty associated with major human rights violations—specifical

Abstract. Taxes on capital gains are deferred until realization whereas dividends are taxed upon accrual. This often makes dividends tax-disadvantaged rela

Abstract. Joint household decision-making becomes more common as economies develop. Can external intervention advance this transition? We study this questi

Abstract. We estimate how the timing of parental job loss shapes children’s human capital by exploiting plant closures in Danish administrative data. We ma

Abstract. This paper studies how large firms’ synchronized lumpy investments endogenously shape an economy’s fragility to negative TFP shocks. I develop a

Abstract. This paper develops a novel method to estimate inequality within a country based on what the country imports. If preferences are non-homothetic,

Abstract. This paper studies electoral competition over redistributive taxation between a safe incumbent and a risky opponent. With reference-dependent pre

Dear Reader, During my six-year service as co-editor at JEEA, I handled a wide variety of papers. One of my main fields of interest is public finance, a key co

Abstract. Most comparative analyses explaining the 1970s and 1990s/2000s inflation performance, focusing on good/bad policy versus good/bad luck, assume th

Abstract. Health matters for marital outcomes, but health information may remain concealed until marriage. Our matching model, which incorporates socioecon

The Journal of the European Economic Association (JEEA) has a worldwide reputation for publishing articles of the highest scientific quality in theoretical and empirical economics for a global audienc...

Abstract. We examine the rise of the Chinese Communist Party (CCP) in wartime China. Using a spatial regression discontinuity design and several measures a

Abstract. We study how job mobility, firms, and firm-ladder climbing can shape immigrants’ labor market success. Our context is the mass migration of forme

Abstract. We study the feasibility of opening new mines in ethnically diverse countries without escalating the risk of conflict. We propose a theoretical m

Abstract. Using data from the euro area SAFE, a novel survey of firms’ inflation expectations including a randomized controlled trial, we show that firms’

Abstract. This paper develops a dynamic equilibrium model of crime with heterogeneous agents and human capital accumulation. Agents decide whether to commi

The Journal of the European Economic Association (JEEA) has a worldwide reputation for publishing articles of the highest scientific quality in theoretical and empirical economics for a global audienc...

Abstract. How do emotions affect policy views? How do they influence the way people process factual information? We address these questions using a survey

Abstract. We investigate how common ownership between lenders affects the terms of syndicated loans. We provide a novel view on the role of common ownershi

Abstract. We provide detailed estimates of how the marginal propensity to consume out of wealth (MPC) varies along the distribution of household wealth and

Abstract. The paper is structured around three main contributions. First, it takes advantage of a unique survey on Afghan asylum seekers in Germany to prov

Abstract. What is the scope for international cooperation in innovation policy in economies closely integrated via trade? We address this question by build

Abstract. How does the credible announcement of an unconventional monetary policy intervention affect bank lending standards during crises? We use a major

Abstract. German history over the past 125 years has been turbulent. Marked by two world wars, revolutions and major regime changes, as well as a hyperinfl

Abstract. This paper investigates a novel behavioral feature of recursive preferences: aversion to risks that persist over time, or simply correlation aver

Abstract. We document political interdependence driven by international migration. To examine whether elections in residence countries impact emigrant turn

Abstract. Using a large-scale real effort experiment, we explore whether and how different peer assignment mechanisms affect worker performance and stress.

Abstract. We study the innovation effects of the Agreement on the Free Movement of Persons, signed by Switzerland and the European Union in 1999. We exploi

Abstract. This paper tests whether inequality shapes the redistributive impact of democratization by examining changes to the governance of councils provid

Abstract. In a controlled experiment, we show that decision-makers in a one-player, dynamic setting often fail to think through their own future actions be

Abstract. The effect of financial crises on bank branch location choices provides an unexplored channel by which crises affect access to credit for many ye

Abstract. We present causal evidence on the rent-sharing elasticity of German manufacturing firms. We develop a new firm-level Bartik instrument for firm r

Dear Reader, On January 2023, I stepped down as Co-Editor of JEEA after having had the privilege of serving in that position for six years. I handled papers sp

Abstract. We study the dynamics of income and wealth inequality using a heterogeneous-agent model that combines endogenous portfolio choice, a granular rep

Abstract. How coordination can be achieved in isolated, one-shot interactions without communication and in the absence of focal points is a long-standing q

Abstract. While individuals hold, exchange, and update opinions over multiple issues, these opinions are often correlated, and a unidimensional spectrum is