{"title":"The Human Tide: A Review Essay","authors":"T. Guinnane","doi":"10.1257/jel.20201586","DOIUrl":"https://doi.org/10.1257/jel.20201586","url":null,"abstract":"The Human Tide: How Population Shaped the Modern World, by Paul Morland, argues for the importance of demography in both historical events and our current situation. Intended for a general audience, the book traces demographic developments from the late eighteenth century, arguing that the timing and pace of demographic change helps to explain why some countries became powerful and others did not. The author continues the story into the twentieth century, discussing the changes in age structure and internal ethno-religious balances that are consequences of demographic patterns. Many readers will find the questions and themes in The Human Tide interesting. Unfortunately, the book misrepresents some research findings and is confused about important demographic concepts. The Human Tide deals with fundamental changes in human society over the past two centuries, but for a clear account of those changes, readers will have to go elsewhere. (JEL I12, J11, J13, J15, K37, N30)","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":" ","pages":""},"PeriodicalIF":12.6,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45201238","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}
{"title":"Book Review: England's Cross of Gold: Keynes, Churchill, and the Governance of Economic Beliefs","authors":"James Morrison","doi":"10.1257/jel.60.1.279.r1","DOIUrl":"https://doi.org/10.1257/jel.60.1.279.r1","url":null,"abstract":"Hugh Rockoff of Rutgers University reviews “England’s Cross of Gold: Keynes, Churchill, and the Governance of Economic Beliefs” by James Ashley Morrison. The Econlit abstract of this book begins: “Presents a sociohistorical account of the United Kingdom's ill-fated restoration of the gold standard in the 1920s, highlighting the individual roles of Winston Churchill, John Maynard Keynes, and [14] other elite members of the political-economic establishment.”","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":"1 1","pages":""},"PeriodicalIF":12.6,"publicationDate":"2021-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66237860","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}
{"title":"A Review of Matthias Doepke and Fabrizio Zilibotti’s Love, Money and Parenting: How Economics Explains the Way We Raise Our Kids","authors":"L. Edlund","doi":"10.1257/jel.20201559","DOIUrl":"https://doi.org/10.1257/jel.20201559","url":null,"abstract":"As Generation X’s (born in the 1960s and 1970s) child bearing years draw to a close, its parenting practices are due for assessment, the topic of the book under review. The book organizes its discussion around Diana Baumrind’s three parenting styles: authoritarian, permissive, and authoritative. It chronicles the drift toward the two latter and argues that income inequality determines which one of the two will be popular. When inequality is low, less is at stake and the parenting style can be more relaxed. By contrast, high inequality pushes parents toward the achievement- oriented authoritative style. More generally, the book argues, cultural differences in parenting styles can be understood as the outcome of altruistic parents’ efforts to prepare their children for adulthood, a useful perspective when parental rights are limited, long the case in the West.(JEL D13, D63, I20, J12, J13, J16)","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":" ","pages":""},"PeriodicalIF":12.6,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48605880","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}
{"title":"Book Reviews","authors":"","doi":"10.1257/jel.59.3.1030.r3","DOIUrl":"https://doi.org/10.1257/jel.59.3.1030.r3","url":null,"abstract":"William Branch of University of California, Irvine reviews “The Behavioral Economics of Inflation Expectations: Macroeconomics Meets Psychology” by Tobias F. Rötheli. The Econlit abstract of this book begins: “Considers the recent resurgence of interest in extrapolation as a descriptive theory of expectations, outlining a theory of pattern-based extrapolations rooted in cognitive psychology and empirical observation.”","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":" ","pages":""},"PeriodicalIF":12.6,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47296715","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}
{"title":"Review of Ten Thousand Years of Inequality: The Archaeology of Wealth Differences","authors":"G. Roland","doi":"10.1257/jel.20201522","DOIUrl":"https://doi.org/10.1257/jel.20201522","url":null,"abstract":"Archeologists are actively working to quantitatively measure income and wealth inequality in ancient history based on available data, some of them being quite sophisticated. Timothy A. Kohler and Michael E. Smith’s Ten Thousand Years of Inequality: The Archaeology of Wealth Differences presents existing measurement efforts and insightful discussions of the challenges faced, on all continents except Oceania. These first exercises should help us over time understand better the evolution of inequality in ancient history and its determinants. Understanding better the effects of differences in institutions in the ancient past should be a crucial next step. (JEL D31, D63, N30, O15, Z13)","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":" ","pages":""},"PeriodicalIF":12.6,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41935471","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}
{"title":"Journal of Economic Literature, September 2021, Volume LIX, Number 3","authors":"","doi":"10.1257/jel.59.3.1","DOIUrl":"https://doi.org/10.1257/jel.59.3.1","url":null,"abstract":"","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":" ","pages":""},"PeriodicalIF":12.6,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42691195","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}
{"title":"Annotated Listing of New Books","authors":"","doi":"10.1257/jel.59.2.668","DOIUrl":"https://doi.org/10.1257/jel.59.2.668","url":null,"abstract":"Editor's NoteOur 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":"43 5","pages":""},"PeriodicalIF":12.6,"publicationDate":"2021-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138503247","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}
{"title":"Using Synthetic Controls: Feasibility, Data Requirements, and Methodological Aspects","authors":"Alberto Abadie","doi":"10.1257/JEL.20191450","DOIUrl":"https://doi.org/10.1257/JEL.20191450","url":null,"abstract":"Probably because of their interpretability and transparent nature, synthetic controls have become widely applied in empirical research in economics and the social sciences. This article aims to provide practical guidance to researchers employing synthetic control methods. The article starts with an overview and an introduction to synthetic control estimation. The main sections discuss the advantages of the synthetic control framework as a research design, and describe the settings where synthetic controls provide reliable estimates and those where they may fail. The article closes with a discussion of recent extensions, related methods, and avenues for future research. (JEL B41, C32, C54, E23, F15, O47)","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":" ","pages":""},"PeriodicalIF":12.6,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44010636","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}
{"title":"Journal of Economic Literature, June 2020, Volume LIX, Number 1","authors":"","doi":"10.1257/jel.59.1.1","DOIUrl":"https://doi.org/10.1257/jel.59.1.1","url":null,"abstract":"","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":"1 1","pages":""},"PeriodicalIF":12.6,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41335070","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}
{"title":"JEL Classification System","authors":"","doi":"10.1257/jel.59.1.372","DOIUrl":"https://doi.org/10.1257/jel.59.1.372","url":null,"abstract":"The categories listed below are used to classify books, book reviews, journal articles, and dissertations indexed in JEL, JEL on CD, EconLit. New changes to the classification system appear as soon as possible on www.econlit.org . The JEL classification system may be used freely for scholarly purposes. We suggest the following format: “JEL: A10, B10, etc.”","PeriodicalId":48416,"journal":{"name":"Journal of Economic Literature","volume":" ","pages":""},"PeriodicalIF":12.6,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41911668","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}