Knowledge that Transforms

Previous articleNext article FreeRecent RefereesFull TextPDF Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinked InRedditEmailQR Code SectionsMoreJournal of Political Economy acknowledges the assistance of:Rajesh AggarwalLinda ArgoteRuediger BachmannJesse BackstromMartha BaileyDavid BaqaeeNicholas BarberisJean Noel BarrotShai BernsteinJavier BianchiAdrien BilalAlberto BisinAaron Bodoh-CreedAlessandro BonattiAlec BrandonThomas BuserLuigi ButeraJian CaiSteven CallanderRossella CalviOzan CandoganTimothy CasonSylvain ChassangHailiang ChenGabe Chodorow-ReichSouphala ChomsisengphetOlivier CoibionFabrice CollardJonathan ColmerLin William CongThomas CovertFlavio CunhaJan De LoeckerMark DeanPablo D’ErasmoRebecca Dizon-RossWioletta DziudaCatherine EckelNiklas EngbomChristine ExleyBenjamin FaberJesús Fernández-VillaverdeTeresa FortAlexander FrankelCary FrydmanOded GalorNicolae GârleanuNicolas Gendron-CarrierMatthew GentzkowBenjamin GolubGreer GosnellDavid GreenDaniel GreenwaldAdam GurenKareem HaggagMarina HalacMoshe HazanRandi HjalmarssonTom HoldenJustin HolzBo HonoréPeter HullDaniel HungermanErik HurstYoko IbukaEthan IlzetzkiYannis IoannidesOleg ItskhokiPhilippe JehielYoon JoJustin JohnsonMarcin KacperczykMatthias KehrigToru KitagawaNobuhiro KiyotakiAnton KorinekFabian KosseJoshua KriegerDarius LakdawallaTim LandvoigtJean-François LaslierMin Sok LeeEdwin LeuvenIlse LindenlaubMatthew LindquistLance LochnerMichael LovenheimYang LuUlrike MalmendierGonzalo MaturanaRosa MatzkinAndrew McClellanMichael McMahonKonrad MenzelBruce MeyerMoritz Meyer-ter-VehnPascal MichaillatKris MitchenerJarle MoenChristian MoserIsmael MourifiéJoseph MullinsCharles MurryScott NelsonLars NesheimDavid NeumarkSam NorrisDavid NovgorodskyMichaela PagelMallesh PaiAlessandro PavanJacopo PeregoNicola PersicoMichael PetersLaura PilossophIvan PngRobert PollakFranck PortierMichael PowellAndrea PratErik PrawitzLouis PuttermanMarek PyciaNancy QianVincenzo QuadriniJoão RamosA. ReynosoThomas RiveraArthur RobsonGuillaume RocheteauSutanuka RoyAnya SamekEstefania Santacreu-VasutEdouard SchaalSam Schulhofer-WohlJesse ShapiroRobin SicklesHolger SiegJoel SobelFrancesco SquintaniDouglas StaigerVincent SterkJoel StiebaleHelmut StixPhilip StrahanDavid StrombergMathieu Taschereau-DumouchelKonstantinos TatsiramosMarko TervioPetra ToddMartin UribeWinnie van DijkFrederic VermeulenXavier VivesPaul WillenChen YehJungwon YeoJunjian YiH. YoungMinchul YumYifan ZhangJin ZhouFabrizio ZilibottiGabriel Zucman Previous articleNext article DetailsFiguresReferencesCited by Journal of Political Economy Volume 129, Number 3March 2021 Article DOIhttps://doi.org/10.1086/714170 Views: 540 © 2021 by The University of Chicago. All rights reserved. Crossref reports no articles citing this article.

Previous articleNext article FreeJPE Turnaround Times, Previous Two YearsFull TextPDF Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinked InRedditEmailQR Code SectionsMoreJPE Turnaround Times, Previous Two Years Outcome of 1st Round DecisionsMean Days to DecisionMedian Days to DecisionDecision Later than Six Months after Submission (as percentage of decisions within decision type)Desk Rejection51%970%Reject with Reviews41%11710013%Revise8%17115140%Average time from original submission to acceptance (omitting time with author in revision) = 438 days View Table Image Previous articleNext article DetailsFiguresReferencesCited by Journal of Political Economy Volume 129, Number 3March 2021 Article DOIhttps://doi.org/10.1086/713658 Views: 699 © 2021 by The University of Chicago. All rights reserved. Crossref reports no articles citing this article.

Previous articleNext article FreeJPE Turnaround Times, Previous Two YearsFull TextPDF Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinked InRedditEmailQR Code SectionsMoreJPE Turnaround Times, Previous Two Years Outcome of 1st Round DecisionsMean Days to DecisionMedian Days to DecisionDecision Later than Six Months after Submission (as percentage of decisions within decision type)Desk Rejection52%970%Reject with Reviews40%11710113%Revise8%17715741%Average time from original submission to acceptance (omitting time with author in revision) = 453 days View Table Image Previous articleNext article DetailsFiguresReferencesCited by Journal of Political Economy Volume 129, Number 6June 2021 Article DOIhttps://doi.org/10.1086/714862 Views: 666 © 2021 by The University of Chicago. All rights reserved. Crossref reports no articles citing this article.

Previous articleNext article FreeRecent RefereesFull TextPDF Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinked InRedditEmailQR Code SectionsMoreJournal of Political Economy acknowledges the assistance of:Martin AbelJerome AddaVictor AguiarCarlos Alos-FerrerPeter ArcidiaconoCristina ArellanoEnghin AtalayChristopher AveryHeski Bar-IsaacMarco BattagliniTheodore BergstromB. BernheimManudeep BhullerAdrien BilalNick BloomLuigi BocolaStephane BonhommeNina BoyarchenkoKate BundorfDavid ByrneAlexander CappelenStefano CariaScott CarrellGabriel CarrollGary CharnessDenis ChetverikovEric ChynDavid J. CooperThomas CornelissenZoe CullenBrendan DaleyGiacomo De GiorgiAureo de PaulaMelissa DellWouter DesseinMichael DicksteinDave DonaldsonOlivier DonniAlessandro DovisWioletta DziudaJanice EberlySara EllisonSeda ErtacSadegh EshaghniaJack FanningShuaizhang FengJesus Fernandez-VillaverdeBernd FitzenbergerJeremy FoxLawrence GlostenDaniel HamermeshStephen HansenRick HarbaughRachel HeathBurton HollifieldShota IchihashiHidehiko IchimuraRyota IijimaAlex ImasRuixue JiaGabriel Jimenez ZambranoJuanna JoensenJustin JohnsonBoyan JovanovicLouis KaplowAdam KaporRohan KekreJason KerwinJudd KesslerAnton KolotilinSerhiy KozakTimothy LaytonEdwin LeuvenChristian LeuzShengwu LiIlse LindenlaubAttila LindnerAriel ListoLance LochnerKatrine LokenCorinne LowJay LuDarren LubotskyRalph LuettickeAnnamaria LusardiGeorge MailathJames MalcomsonNadya MalenkoIsabela ManeliciDaniel MartinYusufcan MasatliogluGregor MatvosMichael McMahonCostas MeghirMoritz Meyer-ter-VehnAmeet MorjariaMelanie MortenIsmael MourifieJoseph MullinsPaul NiehausTerrance OdeanHessel OosterbeekJuan OrtnerAdam OsmanIgnacio Palacios-HuertaPer Pettersson-LidbomLaura PilossophLuigi PistaferriAndrea PratStephen ReddingJohn RogersEvan RoseEsteban Rossi-HansbergThomas RuchtiBernard SalanieYuval SalantManuel SantosFrank SchilbachTodd SchoellmanBradley ShapiroJoseph ShapiroRan ShorrerDan SichelEric SimsJanis SkrastinsAndrzej SkrzypaczIsaac SorkinJohannes SpinnewijnCharles SprengerMeredith StartzNicole SteckPhilipp StrackPhilip StrahanBruno StruloviciJustin SydnorJean-Marc TallonMichela TincaniChristoph TrebeschMarta Troya MartinezNick TsivanidisBertil TungoddenRaluca UrsuBas van der KlaauwRobert Van OrderShoshana VassermanFrederic VermeulenChristian vom LehnChristopher WaltersBart WilsonMatthew WiswallArlene WongDanny YaganJun YangAndy ZapechelnyukJin ZhouSeth ZimmermanPiotr Zoch Previous articleNext article DetailsFiguresReferencesCited by Journal of Political Economy Volume 129, Number 6June 2021 Article DOIhttps://doi.org/10.1086/715536 Views: 457 © 2021 by The University of Chicago. All rights reserved. Crossref reports no articles citing this article.

Previous articleNext article FreeJPE Turnaround Times, Previous Two YearsFull TextPDF Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinked InRedditEmailQR Code SectionsMoreJPE Turnaround Times, Previous Two Years Outcome of 1st Round DecisionsMean Days to DecisionMedian Days to DecisionDecision Later than Six Months after Submission (as percentage of decisions within decision type)Desk Rejection53%970%Reject with Reviews39%12010514%Revise8%18615945%Average time from original submission to acceptance (omitting time with author in revision) = 466 days View Table Image Previous articleNext article DetailsFiguresReferencesCited by Journal of Political Economy Volume 129, Number 7July 2021 Article DOIhttps://doi.org/10.1086/715584 Views: 916 © 2021 by The University of Chicago. All rights reserved. Crossref reports no articles citing this article.

Previous articleNext article FreeRecent RefereesFull TextPDF Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinked InRedditEmailQR Code SectionsMoreJournal of Political Economy acknowledges the assistance of:Francesco AgostinelliLuis AguiarVictor AguiarHengjie AiMohammad AkbarpourJonathan AlevyIván AlfaroS. Nageeb AliSteffen AndersenMartin AndresenJose ApesteguiaSînâ AteşYu AwayaYing BaiSnehal BanerjeeZsófia BárányRegis BarnichonDaniel BarronJuliane BegenauSharon BelenzonAvner Ben-NerDirk BergemannV BhaskarJavier BianchiFelix BierbrauerThomas BlakeStéphane BonhommeRenaud BourlèsYann BramoulléBart BronnenbergBenjamin BrooksKevin BryanNick BuchholzRossella CalviAlexander CappelenGabriel CarrollChristopher ChambersYeon-Koo ChePierre-André ChiapporiFederico CilibertoDamon ClarkJ. Anthony CooksonArnaud CostinotDavide DebortoliFrancesco DecarolisYuliya DemyanykManasi DeshpandeDavid DillenbergerPiotr DworczakWioletta DziudaFlorian EdererMark EganEmre EkinciAndrés ErosaHanming FangJohn FernaldChristopher FlinnEric FrenchMira FrickPatrick GagliardiniTitus GalamaAndrew GarinWill GerkenJacob GoldinJoshua GottliebNathaniel GrahamDavid GreenDenis GrombYingni GuoAdam GurenRefet GürkaynakJonathan GuryanKinda HachemAndrei HagiuJohn HamBarton HamiltonMariaflavia HarariZhiguo HeBenjamin HébertMarc HenryKyle HerkenhoffJean-François HoudeJohn Eric HumphriesMitsuru IgamiGaston IllanesHarold JamesRafael Jiménez DuránGinger JinMyrto KalouptsidiUma KambhampatiKrzysztof KarbownikTim KautzMichael KeaneRohan KekreElaine KellyThorsten KoepplAnton KolotilinMatthias KredlerOleksiy KryvtsovRasmus LandersøJorge LemusEdwin LeuvenAndrei LevchenkoStefan LewellenShengwu LiJeremy LiseJoan LlullLee LockwoodClaudio LucarelliAnnamaria LusardiRosario MaceraErik MadsenAzarakhsh MalekianAlessandro MarchesianiFilip Matě jkaDavid McKenzieMartí MestieriNathan MillerBenny MoldovanuEnrico MorettiJoseph MullinsRoger MyersonDavid NeumarkCarmine OrnaghiIgnacio Palacios-HuertaJuan PantanoDavid PearceFederico PeraliDiego PerezWolfgang PesendorferAlessandra PeterIvan PetrellaPaolo PinottiMaria PolyakovaTommaso PorzioCanice PrendergastNancy QianStanislav RabinovichNatalia RamondoDaniel RappoportVeronica RappoportJulian ReifMarkus ReisingerPeter ReissLuca RepettoAlbrecht RitschlSteven RivkinGuillaume RocheteauAlexandra RosatiMaya Rossin-SlaterHeather RoyerKim RuhlJohn RustAldo RustichiniNicolas SahuguetTobias SalzPaola SapienzaNorbert SchadyHolger SiegAlex SmolinMichelle SovinskyVincent SterkColin StewartJan StoopDavid StrömbergLinda ThunströmJean TiroleBertil TungoddenJohn TurnerFrederic VermeulenEmil VernerNico VoigtländerChristopher WaltersMatthijs WildenbeestArlene WongMaisy WongJeffrey WooldridgeRandall WrightChenggang XuDaniel Yi XuWesley YinKonstantinos ZachariadisAndy ZapechelnyukMiao ZhangFabrizio ZilibottiLuigi Zingales Previous articleNext article DetailsFiguresReferencesCited by Journal of Political Economy Volume 129, Number 7July 2021 Article DOIhttps://doi.org/10.1086/715938 Views: 617 © 2021 by The University of Chicago. All rights reserved. Crossref reports no articles citing this article.

How much do a manager’s interpersonal skills with subordinates, which we call people management skills, affect employee outcomes? Are managers rewarded for having such skills? Using personnel data from a large high-tech firm, we show that survey-measured people management skills have a strong negative relation to employee turnover. A causal interpretation is reinforced by several research designs, including those exploiting new workers joining the firm and workers switching managers. However, people management skills do not consistently improve most observed nonattrition outcomes. Better people managers themselves receive higher subjective performance ratings, higher promotion rates, and larger salary increases.

Why are the east sides of formerly industrial cities more deprived? To answer this question, we use individual-level census data and create historical pollution patterns derived from the locations of 5,000 industrial chimneys and an atmospheric model. We show that this observation results from path-dependent neighborhood sorting that began during the Industrial Revolution, as prevailing winds blew pollution eastward. Past pollution explains up to 20% of observed neighborhood segregation in 2011, even though coal pollution stopped in the 1970s. We develop a quantitative model to identify the role of neighborhood effects and relocation rigidities underlying this persistence.

We report a continuous-time experiment studying the Burdett-Judd model, whose unique Nash equilibrium (NE) features dispersed prices. Adaptive dynamics predict that the NE is stable for one of our parameter sets and unstable for another. The empirical price distribution is close to the NE distribution for the stable parameter set, but for the unstable parameter set it skews toward higher prices in its NE support interval. We offer an empirical definition of price cycles in terms of changes over time in robust measures of central tendency and dispersion, by which the data exhibit persistent cycles in both treatments but larger cycles for the unstable parameters. Results are roughly similar for professional and student sellers and for limited-information treatments.

Large firms play a pivotal role in international trade. We develop a multisector granular model of trade where sectors host a finite number of firms. Both aggregate and granular firm-level forces shape comparative advantage. The model is estimated using French microdata on firm domestic and export sales. We find that granularity accounts for about 20% of the sectoral variation in export intensity and is more pronounced in highly export-intensive sectors. An extension to a dynamic environment with both idiosyncratic and aggregate shocks reveals that firm dynamics plays a central role in shaping comparative advantage reversals observed in the data.