The official account of the Review of Economic Studies, one of the world's top economics journals.

London
1/2 Supply disruptions create a preemption problem: consumers want to stock up before a price hike; the firm wants to hike before they stock up. restud.com/stockups-stockout…
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2,438
2/2 @brettsgreen, @cyrus_mevorach, & Curtis R. Taylor (forthcoming) show the result is gradual stockpiling, random price hikes, and a role for strategic government reserves. #REStud #EconX #EconTwitter
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600
The paper asks how oil suppliers might respond to an anticipated long-run decline in global oil demand. The answer: disinvestment is likely to outweigh the “green paradox”, leading to lower extraction in both the short and long-run. New paper by Kellogg restud.com/the-end-of-oil/
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New paper by Auclert, Malmberg, Martenet, & Rognlie restud.com/demographics-weal… #REStud #EconX #EconTwitter
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12,459
Valuations of alternative social apps increase more in response to a collective TikTok ban than to an individual TikTok deactivation. New paper by @AaronLeonard_, @PriceTheorist, @cp_roth, Bursztyn, Gentzkow, & Milojević restud.com/measuring-markets… #REStud #EconX #EconTwitter
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3,018
How do firms set wages when they can legally wage discriminate? Evidence from minimum wage reform shows firms raise pay for unbound workers, reflecting pay equity considerations. New paper by @giulia_giupponi & @s_machin_ restud.com/company-wage-poli… #REStud #EconX #EconTwitter
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3,978
Across Europe, even public firms have concentrated ownership, with big cross-country variation. Equity frictions matter more than debt frictions for output and wealth inequality. New paper by @Ale_M_Peter restud.com/equity-frictions-… #REStud #EconX #EconTwitter
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11,504
Services like software & R&D are reshaping production networks. Using a novel approach to measure sectoral prices, @nichiflu, Gorry & @C_vom_lehn show this shift can sustain economic growth. restud.com/structural-change… #REStud #EconX #EconTwitter
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7,860
Polarization isn't just about biased media. Social networks and affective polarization determine whether information unites society, deepens divides, or fails to improve learning. New paper by @DLSebastiano, @lmerlino1, and @yveszenou1 restud.com/affective-polariz… #REStud #EconX
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5,181
Suppose firms differ in their skill at screening recruits. Which firms post the highest wages? Is equilibrium efficient? Does recruiting cause firms’ skill levels to diverge or converge? New paper by Board, Meyer-ter-Vehn and Sadzik restud.com/recruiting-talent… #REStud #EconX
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5,422
250,000+ hand-coded student photos reveal how religious veiling in Indonesia evolved alongside changing economic opportunities for women and social norms. New paper by @NailaShofia1 restud.com/why-veil-religiou… #REStud #EconX #EconTwitter
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In decentralized matching markets with transfers, efficiency is common but stability is rare—especially under incomplete information and submodular preferences. New paper by Agranov, Dianat, Samuelson, and Yariv restud.com/paying-to-match-d… #REStud #EconX #EconTwitter
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Is a cordon sanitaire around a a distant party always optimal? Not if we cannot keep them from power forever. Then Cordon first, Embrace later is an optimal strategy. New paper by @jsndr and @lvaro_d restud.com/embracing-the-ene… #REStud #EconX #EconTwitter
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8,851
This paper studies the unemployment of physical capital — defined as idle units searching to be traded — and its macroeconomic implications. Capital unemployment propagates financial shocks and can lead to investment slumps. New paper by Ottonello restud.com/capital-unemploym…
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7,562