The journal aims to publish highly selective, widely cited articles of current relevance that will have a long-term impact on economics research. Its grounding discipline is economics, but, the systematic study of institutions requires consideration of economic, political, legal, and philosophical movitations, rules, and effects. She can verify the agent’s information and specify his permissible actions. Provides a focus for theor We use cookies to enhance your experience on our website.By continuing to use our website, you are agreeing to our use of cookies. The Tulane Journal of Policy and Political Economy provides undergraduate students with the opportunity to publish their own original research in an internationally-recognized peer- and faculty-reviewed journal. This paper provides evidence that prices respond significantly more strongly to increases than to decreases in value-added taxes (VATs). JEPE accepts and publishes the research articles in the fields of economics, political economy, fiscal economics, applied economics, business economics, labour economics and econometrics. The editor-in-chief is Harald Uhlig (University of Chicago). List of issues Volume 49 2020 Volume 48 2019 Volume 47 2018 Volume 46 2017 Volume 45 2016 Volume 44 2015 Volume 43 2014 Volume 42 2013 Volume 41 2012 Volume 40 … We find large differences in expected earnings across occupations and provide evidence of sorting on expected gains. First, we show that data on earnings beliefs and probabilities of choosing particular occupations are highly informative of future earnings and occupations. Journal news. The journal aims to publish highly selective, widely cited articles of current relevance that will have a long-term impact on economics research. We propose a new framework for optimal experimentation, which we term the “A/B testing problem.” Our model departs from the existing literature by allowing for fat tails. Established by James Laurence Laughlin in 1892, it covers both theoretical and empirical economics. Current issues are now on the Chicago Journals website. View content coverage periods and institutional full-run subscription rates for the Journal of Political Economy. How much should society be willing to pay for reducing inequality? Fifth, using all VAT changes in the European Union from 1996 to 2015, we find similar levels of asymmetry. JEPE (ISSN: 2148-8347) is published as four issues per year, March, June, September and December and all publication policies and processes are conducted according to the international standards. We develop a strategy to measure the rate of decline of search frictions and their contribution to growth. You have printed the following article: A Theory of Marriage: Part I Gary S. Becker The Journal of Political Economy, Vol. 1, No. Of all published articles, the following were the most read within the past 12 months. But it is not a tool of policy advocacy. Download this issue now: *Journal Impact Factors courtesy of the 2019, Declining Search Frictions, Unemployment, and Growth, What Goes Up May Not Come Down: Asymmetric Incidence of Value-Added Taxes, Commitment versus Flexibility with Costly Verification, Welfare Analysis with Heterogeneous Risk Preferences, Erratum: Fatter Attraction: Anthropometric and Socioeconomic Matching on the Marriage Market, institutional full-run subscription rates. Similar rankings See other rankings by type of impact factors. This paper derives a social welfare function as a limit of an iterative procedure, in which each iteration constructs a lottery based on the certainty equivalents from the previous iteration. Constitutional Political Economy is a forum for research in the broad field of constitutional analysis. See all volumes and issues. Our key insight is that the optimal strategy depends on whether most gains accrue from typical innovations or from rare, unpredictable large successes. 81, No. Declining search frictions contribute to growth with an intensity determined by the tail coefficient of the Pareto distribution. Our theoretical results, along with an empirical analysis of Microsoft Bing’s EXP platform, suggest that simple changes to business practices could increase innovation productivity. Yet, in spite of such diversity, some common properties are shared by practically all legislation, and these properties form the subject matter of this essay. Journal of Political Economy. One of the oldest and most prestigious journals in economics, the Journal of Political Economy (JPE) has since 1892 presented significant research and scholarship in economic theory and practice. TEC is always optimal if the principal cannot commit to inefficient allocations following the verification decision and result. JSTOR®, the JSTOR logo, JPASS®, Artstor®, Reveal Digital™ and ITHAKA® are registered trademarks of ITHAKA. 1 - Vol. JPE's analytical, interpretive, and empirical studies in a number of areas—including monetary theory, fiscal policy, labor economics, development, micro- and macroeconomic theory, international trade and finance, industrial organization, and social economics—are essential reading for all economists wishing to keep up with substantive new research in the discipline. Second, we show how beliefs data can be used to recover ex ante treatment effects and their relationship with individual choices. It began in 1994 and welcomes submissions in English, French and Spanish. Coverage: 1892-2015 (Vol. Note: In calculating the moving wall, the current year is not counted. JPE is a peer reviewed journal (ISSN: 1073-0451), one of the longest standing, Platinum Open Access journals in the social sciences. The limit of this procedure can be interpreted as the equally distributed equivalent of the initial allocation. Description: Current issues are now on the Chicago Journals website. Journal of Political Economy | Citations: 16,350 | JPE has been presenting significant research and scholarship in economic theory and practice since its inception in 1892. Using data from Duke University undergraduates, we make three main contributions to the literature. However, if the distribution is very fat tailed, a “lean” strategy of trying more ideas, each with possibly smaller sample sizes, is preferred. editorial. Contributions are invited … e-Book access is included with your individual subscription. Check out this article about Jeffery A. Jenkins starting the Journal of Political Institutions and Political Economy (JPIPE) About this journal Journal Home Editorial Aims Editorial Board Submission Instructions LaTeX Style Files Pricing Recommend to Library Alert Me issues are available in JSTOR shortly after publication. A principal faces an agent who is better informed but biased toward higher actions. ©2000-2021 ITHAKA. The stabilization role of police spending in a neo‐Keynesian economy with credit market imperfections. Political Economy in the Carolinas is a fully refereed interdisciplinary journal broadly focused on government and public policy in North and South Carolina. We only publish research into the linkages between political economy and human environmental impacts, across different locations and academic disciplines. Follow Review of Political Economy on Twitter. Credit rating of small business Affiliation This paper evaluates whether a bank should or should not grant a loanto a small business based on the credit rating. "One of the oldest and most prestigious journals in economics, the Journal of Political Economy has since 1892 presented significant research and scholarship in economic theory and practice. On non-lethal uses of force, blacks and Hispanics are more than fifty percent more likely to experience some form of force in interactions with police. A journal of the Cambridge Political Economy Society. The "moving wall" represents the time period between the last issue Date Published: 2016 Abstract: This paper explores racial differences in police use of force. 4. 10 counts publications from the last 10 years only, 5 the last 5 years: Journal of Economics and Political Economy. Credit rating of small business Affiliation This paper evaluates whether a bank should or should not grant a loanto a small business based on the credit rating. Political-economic analysis generates useful knowledge about national competitiveness by carefully separating positive and normative levels of analysis. Read the latest articles of European Journal of Political Economy at ScienceDirect.com, Elsevier’s leading platform of peer-reviewed scholarly literature ABOUT THE JOURNAL Frequency: 12 issues/year ISSN: 0022-3808 E-ISSN: 1537-534X 2018 JCR Impact Factor*: 6.342 Ranked #5 out of 363 in Economics. Journal of Political Economy, Your paper should be a minimum of 500 words in length. Latest articles. Third, we find that firms operating with low profit margins are particularly likely to respond asymmetrically to VAT changes. Policy … Kalecki and Kaleckian Economics: A Symposium . However, in the presence of heterogeneous risk preferences, it is unclear whose preferences should be used for evaluating this lottery. Nonsubscribers: Purchase the e-book of this issue, Frequency: 12 issues/year ISSN: 0022-3808 E-ISSN: 1537-534X2018 JCR Impact Factor*: 6.342 Ranked #5 out of 363 in Economics. JSTOR is part of ITHAKA, a not-for-profit organization helping the academic community use digital technologies to preserve the scholarly record and to advance research and teaching in sustainable ways. Read the latest issue. A journal of the Cambridge Political Economy Society. This information will be provided during checkout before you complete your order. A BGP exists iff firm-worker matches are inspection goods and the quality of a match is drawn from a Pareto distribution. The Journal of Political Economy is an academic journal run by economists at the University of Chicago and published every two months by the University of Chicago Press. (Jul. Shipping and taxes may apply to your order and are determined by the shipping address. We show that if the verification cost is small enough, a threshold with an escape clause (TEC) is optimal: the agent either chooses an action below a threshold or requests verification and the efficient action above the threshold. Moving walls are generally represented in years. The aim of the European Journal of Political Economy is to disseminate original theoretical and empirical research on economic phenomena within a scope that encompasses collective decision making, political behavior, and the role of institutions. 123, No. Pengfei Jia; King Yoong Lim; Scottish Journal of Political Economy; First Published: 8 June 2020 Read the latest issue. Browse all issues of Agrarian South: Journal of Political Economy: A triannual Journal of Agrarian South Network and CARES Description: International Journal of Political Economy is an international peer-reviewed journal that publishes scholarly research in all traditions of political economy. The journal publishes multi-disciplinary research on the spatial dimensions of contemporary socio-economic We use cookies to enhance your experience on our website.By continuing to use our website, you are agreeing to our use of cookies. The standard approach to this normative question relates inequality aversion to risk aversion by treating inequality as an outcome of a lottery.