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Debunking Immigration Myths: A Review Essay of Streets of Gold: America’s Untold Story of Immigrant Success 揭穿移民神话：金街》评论文章：美国不为人知的移民成功故事
Journal of Economic Literature Pub Date : 2024-06-01 DOI: 10.1257/jel.20231754
Marco Tabellini
{"title":"Debunking Immigration Myths: A Review Essay of Streets of Gold: America’s Untold Story of Immigrant Success","authors":"Marco Tabellini","doi":"10.1257/jel.20231754","DOIUrl":"https://doi.org/10.1257/jel.20231754","url":null,"abstract":"This essay reviews Streets of Gold: America’s Untold Story of Immigrant Success by Ran Abramitzky and Leah Boustan. This elegantly written book, whih is a must-read for anyone interested in the topic of immigration, walks the reader through a history of US immigration, examining patterns of immigrant assimilation from the mid-nineteenth century to today. The book challenges two myths about US immigration. First, it shows that historical European immigrants did not always arrive poor and quickly climb the economic and social ladder. Second, it documents that the pace of immigrant assimilation today resembles that prevailing at the turn of the twentieth century. (JEL J15, J18, K37, N31, N32, Z13)","PeriodicalId":509385,"journal":{"name":"Journal of Economic Literature","volume":"63 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141277953","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Data and the Aggregate Economy 数据与总体经济
Journal of Economic Literature Pub Date : 2024-06-01 DOI: 10.1257/jel.20221580
Laura L. Veldkamp, C. Chung
{"title":"Data and the Aggregate Economy","authors":"Laura L. Veldkamp, C. Chung","doi":"10.1257/jel.20221580","DOIUrl":"https://doi.org/10.1257/jel.20221580","url":null,"abstract":"Recent data technology innovations, such as artificial intelligence and machine learning, have transformed the production of knowledge and increased the importance of data. This review explores how data—digitized information—has been modeled within classic macroeconomic frameworks. It compares the economics of data to other concepts such as ideas, patents, and learning-by-doing. This paper also shows potential ways to model applications for data, including innovation, process optimization, and matching. Because this research area is nascent, much of the article is devoted to open questions and directions for future data economy research. (JEL C80, D21, D83, E23, E24, J23)","PeriodicalId":509385,"journal":{"name":"Journal of Economic Literature","volume":"33 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141276024","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 25
Schooled and Sorted: How Educational Categories Create Inequality 学校和分类：教育分类如何造成不平等
Journal of Economic Literature Pub Date : 2024-06-01 DOI: 10.1257/jel.62.2.807.r1
Julian Betts
{"title":"Schooled and Sorted: How Educational Categories Create Inequality","authors":"Julian Betts","doi":"10.1257/jel.62.2.807.r1","DOIUrl":"https://doi.org/10.1257/jel.62.2.807.r1","url":null,"abstract":"Julian Betts of University of California, San Diego reviews “Schooled and Sorted: How Educational Categories Create Inequality” by Thurston Domina, Andrew M. Penner, and Emily K. Penner. The EconLit abstract of this book begins: “Explores the production, adaptation, and enactment of categories in US schools, focusing on how this categorization is essential to the education system and promotes inequalities within it.”","PeriodicalId":509385,"journal":{"name":"Journal of Economic Literature","volume":"136 14","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141281547","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Monetary Policy and Its Unintended Consequences 货币政策及其意外后果
Journal of Economic Literature Pub Date : 2024-06-01 DOI: 10.1257/jel.62.2.807.r4
Andrew T. Levin
{"title":"Monetary Policy and Its Unintended Consequences","authors":"Andrew T. Levin","doi":"10.1257/jel.62.2.807.r4","DOIUrl":"https://doi.org/10.1257/jel.62.2.807.r4","url":null,"abstract":"Andrew T. Levin of Dartmouth College and NBER reviews “Monetary Policy and Its Unintended Consequences” by Raghuram Rajan. The EconLit abstract of this book begins: “Details how monetary adventurism can have unintended effects and promotes policy that is moderate and focused on combating high inflation and financial instability.”","PeriodicalId":509385,"journal":{"name":"Journal of Economic Literature","volume":"52 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141275675","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Golden Passport: Global Mobility for Millionaires 黄金护照：百万富翁的全球流动
Journal of Economic Literature Pub Date : 2024-06-01 DOI: 10.1257/jel.62.2.807.r5
Dominika Langenmayr
{"title":"The Golden Passport: Global Mobility for Millionaires","authors":"Dominika Langenmayr","doi":"10.1257/jel.62.2.807.r5","DOIUrl":"https://doi.org/10.1257/jel.62.2.807.r5","url":null,"abstract":"Dominika Langenmayr of KU Eichstatt-Ingolstadt, WU Vienna, and CESifo reviews “The Golden Passport: Global Mobility for Millionaires” by Kristin Surak. The EconLit abstract of this book begins: “Examines the global citizenship market, chronicling the emergence of golden passport schemes, investigating the countries, brokers, and wealthy investors that make up the citizenship by investment (CBI) market, and offering the perspectives of locals and investors in golden passport countries.”","PeriodicalId":509385,"journal":{"name":"Journal of Economic Literature","volume":"34 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141277680","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Nonparametric Approaches to Empirical Welfare Analysis 实证福利分析的非参数方法
Journal of Economic Literature Pub Date : 2024-06-01 DOI: 10.1257/jel.20221534
Debopam Bhattacharya
{"title":"Nonparametric Approaches to Empirical Welfare Analysis","authors":"Debopam Bhattacharya","doi":"10.1257/jel.20221534","DOIUrl":"https://doi.org/10.1257/jel.20221534","url":null,"abstract":"Welfare analysis of policy interventions is ubiquitous in economic research. It plays an important role in merger analysis and antitrust litigation, design of tax and subsidies, and informs the current debate on a universal basic income. This paper provides a survey of existing empirical methods, based on cross-sectional microdata, for calculating welfare effects and deadweight loss resulting from realized or hypothetical policy change. We briefly outline classical parametric methods that are computationally tractable, then discuss recent nonparametric approaches that avoid making statistical and functional-form restrictions on individual preferences. This makes the welfare estimates theoretically more credible, and clarifies exactly what welfare-relevant information is contained in demand distribution in various choice settings. However, these methods also demand greater in-sample variation in the data for practical implementation than classical parametric approaches. We then cover settings with externalities. The above results are theoretical, and take the demand function as known; therefore, we briefly discuss empirical problems around demand estimation. We conclude by suggesting areas for future research. (JEL C14, C35, D11, D60, D62)","PeriodicalId":509385,"journal":{"name":"Journal of Economic Literature","volume":"51 44","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141275065","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Journal of Economic Literature, June 2024, Volume LXII, Number 2 经济文献杂志》，2024 年 6 月，第 LXII 卷，第 2 号
Journal of Economic Literature Pub Date : 2024-06-01 DOI: 10.1257/jel.62.2.1
{"title":"Journal of Economic Literature, June 2024, Volume LXII, Number 2","authors":"","doi":"10.1257/jel.62.2.1","DOIUrl":"https://doi.org/10.1257/jel.62.2.1","url":null,"abstract":"","PeriodicalId":509385,"journal":{"name":"Journal of Economic Literature","volume":"64 35","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141277306","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Plagues upon the Earth: Disease and the Course of Human History 地球上的瘟疫疾病与人类历史进程
Journal of Economic Literature Pub Date : 2024-06-01 DOI: 10.1257/jel.62.2.807.r2
Paul W. Rhode
{"title":"Plagues upon the Earth: Disease and the Course of Human History","authors":"Paul W. Rhode","doi":"10.1257/jel.62.2.807.r2","DOIUrl":"https://doi.org/10.1257/jel.62.2.807.r2","url":null,"abstract":"Paul W. Rhode of University of Michigan and NBER reviews “Plagues upon the Earth: Disease and the Course of Human History” by Kyle Harper. The EconLit abstract of this book begins: “Explores the ways that human history has shaped disease ecology and pathogen evolution and how disease ecology and pathogen evolution have shaped human history in turn, detailing how the emergence, incidence, and consequences of disease in both individuals and populations are inseparable from a wider array of social and environmental factors.”","PeriodicalId":509385,"journal":{"name":"Journal of Economic Literature","volume":"25 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141280231","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
The Capitalist Manifesto: Why the Global Free Market Will Save the World 资本主义宣言》：为什么全球自由市场将拯救世界
Journal of Economic Literature Pub Date : 2024-06-01 DOI: 10.1257/jel.62.2.807.r3
Geoffrey Carliner
{"title":"The Capitalist Manifesto: Why the Global Free Market Will Save the World","authors":"Geoffrey Carliner","doi":"10.1257/jel.62.2.807.r3","DOIUrl":"https://doi.org/10.1257/jel.62.2.807.r3","url":null,"abstract":"Geoffrey Carliner of Boston Committee on Foreign Relations reviews “The Capitalist Manifesto: Why the Global Free Market Will Save the World” by By Johan Norberg. The EconLit abstract of this book begins: “Assesses the role of freedom and choice in capitalism, promoting the view that arguments against capitalism fail to take into account how capitalist competition has largely led to improvements in global standards of living.”","PeriodicalId":509385,"journal":{"name":"Journal of Economic Literature","volume":"22 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141274198","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Hope and Healing: Black Colleges and the Future of American Democracy 希望与治愈：黑人学院与美国民主的未来
Journal of Economic Literature Pub Date : 2024-06-01 DOI: 10.1257/jel.62.2.807.r6
Charles Betsey
{"title":"Hope and Healing: Black Colleges and the Future of American Democracy","authors":"Charles Betsey","doi":"10.1257/jel.62.2.807.r6","DOIUrl":"https://doi.org/10.1257/jel.62.2.807.r6","url":null,"abstract":"Charles Betsey of Howard University reviews “Hope and Healing: Black Colleges and the Future of American Democracy” by John Silvanus Wilson Jr. The EconLit abstract of this book begins: “Discusses historically Black colleges and universities (HBCUs) in the context of the larger history of American higher education, highlighting what HBCUs have done and what non-HBCUs have failed to do to actualize democracy.”","PeriodicalId":509385,"journal":{"name":"Journal of Economic Literature","volume":"19 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141277700","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","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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