The Review of Economic Studies

"We prove a CLT for strategic network formation with homophilous agents. This enables inference on statistics derived from a single large network. We discuss practical procedures." New Paper by Leung & Moon: restud.com/normal-approxi… #REStud #EconX #EconTwitter

"A new theory on how regional shocks affect aggregate welfare—applied to US highway network improvements—unpacking how and why it deviates from the Fogel/Hulten characterization." New paper by @MiyauchiYuhei, @EricDonald, & Fukui: restud.com/unpacking-aggr… #REStud

New paper by Campos-Mercade, Goette, Graeber, Kellogg, and Sprenger: restud.com/de-gustibus-an… #REStud #EconX #EconTwitter

New paper by Le Grand, Martin-Baillon & Ragot: restud.com/should-monetar… #REStud #EconX #EconTwitter

New paper by Ashraf, Bakhtin, Field, Voena, & Ziparo: restud.com/gendered-spher… #REStud #EconX #EconTwitter

New paper by Christensen, Moon and Schorfheide: restud.com/optimal-decisi… #REStud #EconX #EconTwitter

New paper by Mahajan, Michel and Tarozzi: restud.com/identification… #REStud #EconX #EconTwitter

New paper by Jakobsen: restud.com/coarse-bayesia… #REStud #EconX #EconTwitter

New paper by Andre, Haaland, Roth, Wiederholt, and Wohlfart: restud.com/narratives-abo… #REStud #EconX

"How to make decisions that are robust to sampling noise but also to misspecification and related concerns? We analyze this problem as one of minimax regret decision making under partial identification." New paper by Montiel Olea, Qiu & @JoergStoye: restud.com/decision-theor…

How should regulators target their limit enforcement budgets? We quantify the benefits of linked regulation, where regulators dynamically target plants co-owned with other plants with poor compliance records. New paper by @leistenecon & Vreugdenhil restud.com/dynamic-regula…

How do currencies become international? Bahaj & Reis(@R2Rsquared) show that PBoC swap lines boosted RMB use abroad, revealing a policy lever to jumpstart a currency’s international status. restud.com/jumpstarting-a… #REStud #EconTwitter #EconX

Editorial update: Gabriel Chodorow-Reich @gchodorowreich (Harvard University) has stepped down as a Foreign Editor of The Review of Economic Studies. We are grateful to Gabe for his excellent service and contributions to the journal and the REStud Tour. restud.com/editorial-boar…

"Capital flowed to high-inflation countries during recent surge, worsening the output-inflation tradeoff. Reversing flows would have reduced volatility & tightening needs." New paper by @LouphouC & Bengui: restud.com/destabilizing-… #REStud #EconX #EconTwitter

Announcement📢: We are pleased to welcome @andreamoro (Vanderbilt University) as our new Data Editor, effective 1 January 2026. We look forward to collaborating with him in this new role. #EconX #REStud #EconTwitter

"Free markets failed for 700 years. When poor farmers couldn't pay, a simple quota beat auctions. Sometimes the invisible hand needs handcuffs." New paper by @javdito & @JosespinSanchez restud.com/the-illiquidit… #REStud #EconX #EconTwitter

Patent term boosts long run innovation, but policy anticipation creates surprising, medium term dynamics: innovation rises before expected cuts and remains high due to spillovers. New paper by @EconFaber: restud.com/patent-term-in… #REStud #EconX #EconTwitter

"We investigate how irreversible investment, arising from a wedge between capital purchase and resale price, affects aggregate capital fluctuations." New paper by @isaacbaley & @jandres_blanco. restud.com/the-macroecono… #REStud #EconTwitter #EconX

@denizdutz, @ingridhuitfeldt, @selacouture, Mogstad, Torgovitsky, @WinnieVanDijk show that survey incentives can worsen bias! Randomized incentives help detect & account for nonresponse bias. Using both incentives & reminders outperform other approaches. restud.com/selection-in-s…

"This paper uses data on banks' private risk assessments to show that banks produce more information in bad times" New paper by @GregWeitzner & Howes: restud.com/bank-informati… #REStud #EconX #EconTwitter