Review of Economics and Statistics (REStat)

Thai floods reveal how foreign shocks reshape Japanese firms’ labor–capital balance through offshoring. Just Accepted new paper by Daisuke Adachi @DaisukeAdachi1 and Yukiko U. Saito zurl.co/Cmp9c

Better managed firms make better both GDP and sales forecasts, delivering superior business decisions. Just Accepted new paper by Nicholas Bloom, Takafumi Kawakubo, Charlotte Meng, Paul Mizen, Rebecca Riley, Tatsuro Senga, and John Van Reenen. zurl.co/X27la

Theory and empirics offer policy guidance for disrupting platform-facilitated anticompetitive coordination. Just Accepted new paper by David P. Byrne, Nicolas de Roos, Matthew S. Lewis, Leslie M. Marx, and Xiaosong Wu. zurl.co/SCxVP

Working from home weakened the agglomeration economies that once boosted the productivity of large cities. Just Accepted new paper by Sitian Liu and Yichen Su zurl.co/M7DP6

A new interpretation of observed "capital misallocation" as arising from firm life-cycle learning. Just Accepted new paper by Ying Feng @YingFeng_Econ zurl.co/GElEd

The Causal Effect of Scaling up Access to Psychotherapy Abstract. This paper estimates the causal effect of scaling up access to psychotherapy. I study a 2008 reform of the Danish public health insurance, which

Expanding psychotherapy access reduces suicide attempts and pays for itself via lower use of other healthcare. Just Accepted new paper by Benjamin Ly Serena. zurl.co/lTa5G

The Power of Tests for Detecting p-Hacking Abstract. A flourishing empirical literature investigates the prevalence of p-hacking based on the distribution of p-values across studies. Interpreting

Tests for p-hacking can have low power; non-rejections do not indicate an absence of p-hacking. Just Accepted new paper by Graham Elliott, Nikolay Kudrin @NKudrin and Kaspar Wüthrich. zurl.co/EggwF

The Long-Term Impact of High School Financial Education: Evidence from Brazil Abstract. As the financial system expands to new clients and services, countries are promoting financial education, with unknown long-run returns. In

High school financial education in Brazil led to less borrowing and more microenterprise ownership over time. Just Accepted new paper by Miriam Bruhn, Gabriel Garber, Sergio Koyama, and Bilal Zia zurl.co/IFERn

Income and Child Maltreatment: Evidence from a Discontinuity in Tax Benefits Abstract. I provide new evidence of the effects of income on child maltreatment. I exploit a discontinuity in child-related tax benefits, which results in

Additional household income reduces children's involvement in the child protection system. Just Accepted new paper by Katherine Rittenhouse zurl.co/ZvcCp

Foreign and Domestic Firms: Long Run Employment Effects of Export Opportunities Abstract. We investigate a low-income country's long run employment response to new export opportunities. The U.S.–Vietnam Bilateral Trade Agreement

Vietnam's employment surged after the US BTA, driven by foreign multinational entry and sustained growth. Just Accepted new paper by Brian McCaig @BrianMccaig Nina Pavcnik @NinaPavcnik and Woan Foong Wong @WoanFoongWong zurl.co/7KNSE

International Technology Licensing, Intellectual Property Rights, and Tax Havens Abstract. This article investigates the determinants of international technology licensing using data for 50 countries during 1996–2012. A multicountry

Examining drivers of international technology licensing, with focus on corporate tax differences. In the January issue, by Ana Maria Santacreu @AmSantacreu zurl.co/1huLi

The Health Care Cost of Air Pollution: Evidence from the World’s Largest Payment Network Abstract. This paper exploits the universe of credit- and debit-card transactions in China during 2013–2015 and provides the first nationwide analysis of

High-frequency debit and credit transactions show that air pollution increases healthcare costs in China. In the January issue, by Panle Jia Barwick, Shanjun Li, Deyu Rao, Nahim Bin Zahur zurl.co/A6VqT

Access to Guns in the Heat of the Moment: More Restrictive Gun Laws Mitigate the Effect of Temperature on Violence Abstract. Gun violence is a major problem in the United States, and extensive prior work has shown that higher temperatures increase violent behavior. We

Study finds that more-prohibitive concealed-carry laws mitigate the increase in homicides on hot days. In the January issue, by Jonathan Colmer @JonathanColmer and Jennifer L. Doleac @jenniferdolea. zurl.co/nsVoj

’Til Dowry Do Us Part: Bargaining and Violence in Indian Families Abstract. We develop a noncooperative bargaining model with incomplete information linking dowry payments, domestic violence, resource allocation between

In the January issue, "Til Dowry Do Us Part: Bargaining and Violence in Indian Families" by Rossella Calvi and Ajinkya Keskar. zurl.co/ufNcj

In the January issue, “How Flexible is that Functional Form? Quantifying the Restrictiveness of Theories” by Drew Fudenberg, Wayne Gao, and Annie Liang. zurl.co/eeWKe

The Decline in Intergenerational Mobility after 1980 Abstract. Relative intergenerational mobility declined for cohorts born around 1960 compared to those born around 1950. The former entered the labor

Intergenerational mobility declined sharply around 1980 when inequality rose sharply. In the January issue, by Jonathan M. V. Davis, @jonmvdavis and Bhashkar Mazumder, @BhashMazumder. zurl.co/WLWVf

Which products are the most resilient to uncertainty shocks? In the January issue, by Julien Martin, Isabelle Mejean (@IsabelleMejean and Mathieu Parenti. zurl.co/CL07M

In the January issue, “Inferring Expectations from Observables: Evidence from the Housing Market” by Itzhak Ben-David, Pascal Towbin, and Sebastian Weber zurl.co/gkA2h

In the January issue, “Efficient Consignment Auctions” by Bing Liu, Simon Loertscher, and Leslie M. Marx. zurl.co/1XK4R

Fiscal consolidations lead to a significant increase in extreme parties’ vote share. In the January issue, by Ricardo Duque Gabriel @Ricardo_Duque_ Mathias Klein and Ana Sofia Pessoa zurl.co/GId8P

In the January issue, “The Effect of Police Oversight on Crime and Allegations of Misconduct: Evidence from Chicago” by Roman G. Rivera and Bocar A. Ba. zurl.co/YCTBD

The timing of railroad construction and provision persistently affects economic activity around it. In the January issue, by Bruno Barsanetti @barsanetti zurl.co/ALtXR

In the January issue, “Demand Shocks, Procurement Policies, and the Nature of Medical Innovation: Evidence from Wartime Prosthetic Device Patents” by Jeffrey Clemens and Parker Rogers zurl.co/F27rg

LIV is biased for the MTE when the treatment is misclassified. But it is still possible to set ID the MTE. In the January issue, by Vitor Possebom @PossebomVitor zurl.co/fKxDr

Relative deprivation leads to an increased risk for financial distress. In the January issue, by Paula Roth @pau_roth zurl.co/7CrNF

For aggregate outcomes, CES modeling used in trade approximates surprisingly well standard IO predictions. In the January issue, by Keith Head @ckhead and Thierry Mayer zurl.co/cjq2G

Liquidity shocks trigger mortgage default. Negative home equity plays a smaller role. In the January issue, by David Low zurl.co/n4GAL

A hospital mega-merger failed to produce benefits even as practices inside the organizations changed. In the January issue, by Martin Gaynor, Adam Sacarny @asacarny Raffaella Sadun @raffasadun Chad Syverson @ChadSyverson Shruthi Venkatesh @svenkatesh382 zurl.co/5bt0z

In the January issue, "Five-Year Impacts of Group-Based Financial Education and Savings Promotion for Ugandan Youth" by Samantha Horn, Julian C. Jamison, Dean Karlan, and Jonathan Zinman zurl.co/S2HAv

Work pressure comes with a wage differential, partially explaining inequality and worker sorting. In the November issue, by Markus Nagler, Johannes Rincke and Erwin Winkler zurl.co/yXCbi