The aim of the European Journal of Political Economy is to disseminate original theoretical and empirical research on economic phenomena within a scope that encompasses collective decision making, political behavior, and the role of institutions. Using data from Duke University undergraduates, we make three main contributions to the literature. Journal of Economics and Political Economy. For higher costs, however, the principal may require verification only for intermediate actions, dividing the delegation set. Our key insight is that the optimal strategy depends on whether most gains accrue from typical innovations or from rare, unpredictable large successes. - Aug., 1973), pp. Fourth, these asymmetric price effects persist several years after VAT changes take place. All Rights Reserved. Read the latest issue. Journal news. In rare instances, a Description: Current issues are now on the Chicago Journals website. ... Review of Political Economy, Volume 32, Issue 4 (2020) Kalecki and Kaleckian Economics: A Symposium. 2 CRIME AND PUNISHMENT: AN ECONOMIC APPROACH victed and the nature and extent of punishments differ greatly from person to person and activity to activity. This paper derives a social welfare function as a limit of an iterative procedure, in which each iteration constructs a lottery based on the certainty equivalents from the previous iteration. First, using two plausibly exogenous VAT changes, we show that prices respond twice as much to VAT increases as to VAT decreases. How much should society be willing to pay for reducing inequality? The limit of this procedure can be interpreted as the equally distributed equivalent of the initial allocation. Shipping and taxes may apply to your order and are determined by the shipping address. Table of contents for Agrarian South: Journal of Political Economy: A triannual Journal of Agrarian South Network and CARES, 9, 3, Dec 01, 2020 Fifth, using all VAT changes in the European Union from 1996 to 2015, we find similar levels of asymmetry. However, if the distribution is very fat tailed, a “lean” strategy of trying more ideas, each with possibly smaller sample sizes, is preferred. Browse all issues of Agrarian South: Journal of Political Economy: A triannual Journal of Agrarian South Network and CARES A principal faces an agent who is better informed but biased toward higher actions. JSTOR is part of ITHAKA, a not-for-profit organization helping the academic community use digital technologies to preserve the scholarly record and to advance research and teaching in sustainable ways. Moving walls are generally represented in years. In the past, the journal published quarterly from its introduction through 1905, ten issues per volume from 1906 through 1921, and bimonthly from 1922 through 2019. editorial. Second, we show how beliefs data can be used to recover ex ante treatment effects and their relationship with individual choices. 10 counts publications from the last 10 years only, 5 the last 5 years: It began in 1994 and welcomes submissions in English, French and Spanish. available in JSTOR and the most recently published issue of a journal. TEC is always optimal if the principal cannot commit to inefficient allocations following the verification decision and result. issues are available in JSTOR shortly after publication. moving wall, articles from the year 2002 are available. For a search-theoretic model of the labor market, we seek conditions for the existence of a balanced growth path (BGP), where unemployment, vacancy, and worker’s transitions rates remain constant in the face of improvements in the production and search technologies. Second, we show that this asymmetry results in higher equilibrium profits and markups. Der Journal Impact 2019 von Journal of Political Economy beträgt 8.690 (neueste Daten im Jahr 2020). Journal of Political Economy, Your paper should be a minimum of 500 words in length. JSTOR®, the JSTOR logo, JPASS®, Artstor®, Reveal Digital™ and ITHAKA® are registered trademarks of ITHAKA. Third, we find that firms operating with low profit margins are particularly likely to respond asymmetrically to VAT changes. 81, No. This paper provides evidence that prices respond significantly more strongly to increases than to decreases in value-added taxes (VATs). The journal aims to publish highly selective, widely cited articles of current relevance that will have a long-term impact on economics research. Check out this article about Jeffery A. Jenkins starting the Journal of Political Institutions and Political Economy (JPIPE) About this journal Journal Home Editorial Aims Editorial Board Submission Instructions LaTeX Style Files Pricing Recommend to Library Alert Me We develop a strategy to measure the rate of decline of search frictions and their contribution to growth. Latest articles. Description: International Journal of Political Economy is an international peer-reviewed journal that publishes scholarly research in all traditions of political economy. We're currently accepting articles for our first edition, to be released in the fall. About the Journal. For example, if the current year is 2008 and a journal has a 5 year The journal aims to publish highly selective, widely cited articles of current relevance that will have a long-term impact on economics research. We find large differences in expected earnings across occupations and provide evidence of sorting on expected gains. ABOUT THE JOURNAL Frequency: 12 issues/year ISSN: 0022-3808 E-ISSN: 1537-534X 2018 JCR Impact Factor*: 6.342 Ranked #5 out of 363 in Economics. The Journal of Political Economy is an academic journal run by economists at the University of Chicago and published every two months by the University of Chicago Press. Political economy so conceived is a tool of interpretation and social criticism. Its grounding discipline is economics, but, the systematic study of institutions requires consideration of economic, political, legal, and philosophical movitations, rules, and effects. Yet, in spite of such diversity, some common properties are shared by practically all legislation, and these properties form the subject matter of this essay. Download this issue now: *Journal Impact Factors courtesy of the 2019, Declining Search Frictions, Unemployment, and Growth, What Goes Up May Not Come Down: Asymmetric Incidence of Value-Added Taxes, Commitment versus Flexibility with Costly Verification, Welfare Analysis with Heterogeneous Risk Preferences, Erratum: Fatter Attraction: Anthropometric and Socioeconomic Matching on the Marriage Market, institutional full-run subscription rates. Finally, nonpecuniary factors play an important role, with a sizable share of individuals willing to give up substantial amounts of earnings by not choosing their highest-paying occupation. (Jul. Credit rating of small business Affiliation This paper evaluates whether a bank should or should not grant a loanto a small business based on the credit rating. However, in the presence of heterogeneous risk preferences, it is unclear whose preferences should be used for evaluating this lottery. ©2000-2021 ITHAKA. Constitutional Political Economy is a forum for research in the broad field of constitutional analysis. Credit rating of small business Affiliation This paper evaluates whether a bank should or should not grant a loanto a small business based on the credit rating. Contributions are invited … One of the oldest and most prestigious journals in economics, the Journal of Political Economy (JPE) has since 1892 presented significant research and scholarship in economic theory and practice. Follow Review of Political Economy on Twitter. JPE is a peer reviewed journal (ISSN: 1073-0451), one of the longest standing, Platinum Open Access journals in the social sciences. 4. *Journal Impact Factors courtesy of the 2019 Journal Citation Reports (JCR) (Clarivate Analytics, 2020). One of the oldest and most prestigious journals in economics, the Journal of Political Economy (JPE) has since 1892 presented significant research and scholarship in economic theory and practice. Of all published articles, the following were the most read within the past 12 months. Journal of Business and Political Economy: Biannual Review of The Indonesian Economy Review [P-ISSN 2685-2004] is devoted to the study of political economy, economy, and business issues, focussing on encouraging transparency on the economic decision-making process in Indonesia.The review is published biannually in July and December by Institute for Development of Economics and Finance … Current issues are now on the Chicago Journals website. Date Published: 2016 Abstract: This paper explores racial differences in police use of force. JPE's analytical, interpretive, and empirical studies in a number of areas—including monetary theory, fiscal policy, labor economics, development, micro- and macroeconomic theory, international trade and finance, industrial organization, and social economics—are essential reading for all economists wishing to keep up with substantive new research in the discipline. "One of the oldest and most prestigious journals in economics, the Journal of Political Economy has since 1892 presented significant research and scholarship in economic theory and practice. You have printed the following article: A Theory of Marriage: Part I Gary S. Becker The Journal of Political Economy, Vol. The editor-in-chief is Harald Uhlig (University of Chicago). The stabilization role of police spending in a neo‐Keynesian economy with credit market imperfections. Policy … JEPE (ISSN: 2148-8347) is published as four issues per year, March, June, September and December and all publication policies and processes are conducted according to the international standards. 813-846. This information will be provided during checkout before you complete your order. 1 - Vol. On non-lethal uses of force, blacks and Hispanics are more than fifty percent more likely to experience some form of force in interactions with police. Political Economy in the Carolinas is a fully refereed interdisciplinary journal broadly focused on government and public policy in North and South Carolina. Journal of Political Economy | Citations: 16,350 | JPE has been presenting significant research and scholarship in economic theory and practice since its inception in 1892. The standard approach to this normative question relates inequality aversion to risk aversion by treating inequality as an outcome of a lottery. View content coverage periods and institutional full-run subscription rates for the Journal of Political Economy. The journal welcomes individual contributions from a critical perspective, as well as suggestions for special thematic issues in all fields of political economy internationally. 6), The University of Chicago Press Journals Division. See all volumes and issues. But it is not a tool of policy advocacy. Browse the list of issues and latest articles from International Journal of Political Economy. List of issues Volume 49 2020 Volume 48 2019 Volume 47 2018 Volume 46 2017 Volume 45 2016 Volume 44 2015 Volume 43 2014 Volume 42 2013 Volume 41 2012 Volume 40 … Declining search frictions contribute to growth with an intensity determined by the tail coefficient of the Pareto distribution. Im Vergleich zu historischen Journal Impact ist der Journal Impact 2019 von Journal of Political Economy um 64.27 % gestiegen. We propose a new framework for optimal experimentation, which we term the “A/B testing problem.” Our model departs from the existing literature by allowing for fat tails. Journal of Political Economy. The Journal of Political Economy is a monthly peer-reviewed academic journal published by the University of Chicago Press. Publishes research on heterodox economics and other social science disciplines. Political-economic analysis generates useful knowledge about national competitiveness by carefully separating positive and normative levels of analysis. Established by James Laurence Laughlin in 1892, it covers both theoretical and empirical economics. JEPE, without depending on any institution or organisation, is a non-profit journal that has an International Editorial Board specialists on their fields. A journal of the Cambridge Political Economy Society. The journal aims to publish highly selective, widely cited articles of current relevance that will have a long-term impact on economics research. Journal of Political Economy, Your paper should be a minimum of 500 words in length. Focusing on the history of economic thought and analysis, History of Political Economy has made significant contributions to the field and remains an important means of communication. Note: In calculating the moving wall, the current year is not counted. Pengfei Jia; King Yoong Lim; Scottish Journal of Political Economy; First Published: 8 June 2020 First, we show that data on earnings beliefs and probabilities of choosing particular occupations are highly informative of future earnings and occupations. e-Book access is included with your individual subscription. We show that if the verification cost is small enough, a threshold with an escape clause (TEC) is optimal: the agent either chooses an action below a threshold or requests verification and the efficient action above the threshold.
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