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From Micro to Macro Development 从微观到宏观发展
1区 经济学
Journal of Economic Literature Pub Date : 2023-06-01 DOI: 10.1257/jel.20211537
Francisco J. Buera, Joseph P. Kaboski, Robert M. Townsend
{"title":"From Micro to Macro Development","authors":"Francisco J. Buera, Joseph P. Kaboski, Robert M. Townsend","doi":"10.1257/jel.20211537","DOIUrl":"https://doi.org/10.1257/jel.20211537","url":null,"abstract":"Macroeconomic development remains an important policy goal because of its ability to lift entire populations out of poverty. In our review of the literature, we emphasize that the best way to achieve this objective is to embrace a synthesis of methods and ideas, with the science of experiments as a unifying feature. Randomized controlled trials need representative data and structural modeling, and macro models need to be designed and disciplined to the realities and data of developing-country economies. Macroeconomic models have key lessons for gathering and analyzing micro evidence and for moving to an evaluation of macro policy. Resource constraints, heterogeneity, general equilibrium effects, obstacles to trade, dynamics, and returns to scale can all play key roles. A synthesis for macro development is well under way. (JEL C93, D00, E00, O10, O11, O12)","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136370979","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Encouraging Desistance from Crime 鼓励停止犯罪
1区 经济学
Journal of Economic Literature Pub Date : 2023-06-01 DOI: 10.1257/jel.20211536
Jennifer L. Doleac
{"title":"Encouraging Desistance from Crime","authors":"Jennifer L. Doleac","doi":"10.1257/jel.20211536","DOIUrl":"https://doi.org/10.1257/jel.20211536","url":null,"abstract":"Half of individuals released from prison in the United States will be re-incarcerated within three years, creating an incarceration cycle that is detrimental to individuals, families, and communities. There is tremendous public interest in ending this cycle, and public policies can help or hinder the reintegration of those released from jail and prison. This review summarizes the existing empirical evidence on how to intervene with existing offenders to reduce criminal behavior and improve social welfare. (JEL D91, I18, I28, I38, K42, R23)","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136371016","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
What Can Economics Say about Alzheimer’s Disease? 经济学如何解释阿尔茨海默病?
IF 12.6 1区 经济学
Journal of Economic Literature Pub Date : 2023-06-01 DOI: 10.1257/jel.20211660
A. Chandra, Courtney C. Coile, Corina D Mommaerts
{"title":"What Can Economics Say about Alzheimer’s Disease?","authors":"A. Chandra, Courtney C. Coile, Corina D Mommaerts","doi":"10.1257/jel.20211660","DOIUrl":"https://doi.org/10.1257/jel.20211660","url":null,"abstract":"Alzheimer’s disease (AD) affects one in ten people aged 65 or older and is the most expensive disease in the United States. We describe the central economic questions raised by AD. Although there is overlap with the economics of aging and health, the defining feature of the “economics of Alzheimer’s disease” is an emphasis on choice by cognitively impaired patients that affects health and financial well-being, and situations in which dynamic contracts between patients and caregivers are useful but difficult to enforce. A focus on innovation in AD prevention, treatment, and care is also critical given the enormous social cost of AD and present lack of understanding of its causes, which raises questions of optimal resource allocation and alignment of private and social incentives. The enormous scope for economists to contribute to our understanding of AD-related issues including drug development, efficient care delivery, dynamic contracting, long-term care risk, financial decision-making, and the design of public programs for AD suggests a rich research program for many areas of economics. (JEL G22, G50, I10, I38, J14, L65, O31)","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":" ","pages":""},"PeriodicalIF":12.6,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43622482","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 6
Game Theory and the First World War 博弈论与第一次世界大战
IF 12.6 1区 经济学
Journal of Economic Literature Pub Date : 2023-06-01 DOI: 10.1257/jel.20211571
R. Myerson
{"title":"Game Theory and the First World War","authors":"R. Myerson","doi":"10.1257/jel.20211571","DOIUrl":"https://doi.org/10.1257/jel.20211571","url":null,"abstract":"Books by Scott Wolford and Roger Ransom show how economic theories of games and decisions can be fruitfully applied to problems in World War I. This vital application offers fundamental insights into the analytical methods of game theory. Public random variables may be essential factors in war-of-attrition games. An assumption that nations can coordinate on Pareto-superior equilibria may become less tenable when nations are at war. Interpreting a surprising mistake as evidence of an unlikely type can have serious consequences. The ability of leaders to foster consistent beliefs within a cohesive society can create inconsistency of beliefs between nations at war. (JEL C70, D74, D83, F51, N40)","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":" ","pages":""},"PeriodicalIF":12.6,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44061502","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
Climate Future: Averting and Adapting to Climate Change 气候未来:避免和适应气候变化
IF 12.6 1区 经济学
Journal of Economic Literature Pub Date : 2023-06-01 DOI: 10.1257/jel.61.2.736.r3
R. Mendelsohn
{"title":"Climate Future: Averting and Adapting to Climate Change","authors":"R. Mendelsohn","doi":"10.1257/jel.61.2.736.r3","DOIUrl":"https://doi.org/10.1257/jel.61.2.736.r3","url":null,"abstract":"Robert Mendelsohn of Yale School of the Environment, Department of Economics, and Yale School of Management reviews “Climate Future: Averting and Adapting to Climate Change” by Robert S. Pindyck. The Econlit abstract of this book begins: “Explores the extent and nature of the uncertainty of climate change's impact on the economy and society, promoting the argument that climate policy should focus on adaptation in preparation for the unlikelihood of sufficiently reducing greenhouse gas emissions.”","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":" ","pages":""},"PeriodicalIF":12.6,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44236019","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Impact of Public–Private Partnerships (PPPs) in Infrastructure, Health, and Education 公私伙伴关系对基础设施、卫生和教育的影响
IF 12.6 1区 经济学
Journal of Economic Literature Pub Date : 2023-06-01 DOI: 10.1257/jel.20211607
A. Fabre, S. Straub
{"title":"The Impact of Public–Private Partnerships (PPPs) in Infrastructure, Health, and Education","authors":"A. Fabre, S. Straub","doi":"10.1257/jel.20211607","DOIUrl":"https://doi.org/10.1257/jel.20211607","url":null,"abstract":"This paper summarizes what is known about the impact of public–private partnerships (PPPs) in the three sectors where they have been used intensively: infrastructure (energy, transport, water and sanitation, and telecommunications), education, and health. It lays out the main elements of economic theory relevant to analyzing the trade-off between PPPs and the public provision of complex projects. It places PPPs within a historical perspective. It reviews empirical evaluations of the effectiveness of PPPs and, whenever possible, the implications for social outcomes. Finally, it draws conclusions on cross-cutting issues that influence the efficiency of PPPs, from contract design and regulation to renegotiations and institutional issues. The paper straightens out and qualifies the record of existing evidence and signals some of the main areas and topics for future fruitful research. (JEL D04, H54, I11, I21, L33)","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":" ","pages":""},"PeriodicalIF":12.6,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44569579","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
Journal of Economic Literature, June 2023, Volume LXI, Number 2 《经济文献杂志》，2023年6月，第LXI卷，第2期
IF 12.6 1区 经济学
Journal of Economic Literature Pub Date : 2023-06-01 DOI: 10.1257/jel.61.2.1
{"title":"Journal of Economic Literature, June 2023, Volume LXI, Number 2","authors":"","doi":"10.1257/jel.61.2.1","DOIUrl":"https://doi.org/10.1257/jel.61.2.1","url":null,"abstract":"","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":" ","pages":""},"PeriodicalIF":12.6,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48712873","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A Monetary and Fiscal History of the United States, 1961–2021 美国货币和财政史，1961–2021
IF 12.6 1区 经济学
Journal of Economic Literature Pub Date : 2023-06-01 DOI: 10.1257/jel.61.2.736.r2
E. Leeper
{"title":"A Monetary and Fiscal History of the United States, 1961–2021","authors":"E. Leeper","doi":"10.1257/jel.61.2.736.r2","DOIUrl":"https://doi.org/10.1257/jel.61.2.736.r2","url":null,"abstract":"Eric M. Leeper of Department of Economics, University of Virginia reviews “A Monetary and Fiscal History of the United States, 1961-2021” by Alan S. Blinder. The Econlit abstract of this book begins: “Examines monetary and fiscal policy in the United States since the 1960s, chronicling how stabilization policy struggled to fight recessions, unemployment, and inflation.”","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":" ","pages":""},"PeriodicalIF":12.6,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44074784","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A World Trading System for the Twenty-First Century 二十一世纪的世界贸易体系
IF 12.6 1区 经济学
Journal of Economic Literature Pub Date : 2023-06-01 DOI: 10.1257/jel.61.2.736.r1
Mostafa Beshkar
{"title":"A World Trading System for the Twenty-First Century","authors":"Mostafa Beshkar","doi":"10.1257/jel.61.2.736.r1","DOIUrl":"https://doi.org/10.1257/jel.61.2.736.r1","url":null,"abstract":"Mostafa Beshkar of Indiana University-Bloomington reviews “A World Trading System for the Twenty-First Century” by Robert W. Staiger. The Econlit abstract of this book begins: “Discusses the success of the General Agreement on Tariffs and Trade (GATT) and its ideal economic environment, evaluating whether twenty-first-century changes in the global economy imply the need for changes in the design of the World Trade Organization (WTO) system.”","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":"1 1","pages":""},"PeriodicalIF":12.6,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41648300","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Annotated Listing of New Books 新书注释目录
1区 经济学
Journal of Economic Literature Pub Date : 2023-06-01 DOI: 10.1257/jel.61.2.745
{"title":"Annotated Listing of New Books","authors":"","doi":"10.1257/jel.61.2.745","DOIUrl":"https://doi.org/10.1257/jel.61.2.745","url":null,"abstract":"Editor's Note Our policy is to annotate all English-language books on economics and related subjects that are sent to us. A very small number of foreign-language books are called to our attention and annotated by our consulting editors or others. Our staff does not monitor and order books published; therefore, if an annotation of a book does not appear six months after the publication date, please write to us or the publisher concerning the book.","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135887734","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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