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The International Economic Review has just published its first issue of 2026 with many exciting papers. It is available through @WileyEconomics here: onlinelibrary.wiley.com/toc/14682354...
International Economic Review: Vol 67, No 1
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onlinelibrary.wiley.com
February 11, 2026 at 6:48 PM
The International Economic Review has just published its first issue of 2026 with many exciting papers. It is available through @WileyEconomics here: onlinelibrary.wiley.com/toc/14682354...
The International Economic Review has published a new exciting paper by Kohei Kawaguchi, Junpei Komiyama and Shunya Noda on Miners' Reward Elasticity and Stability of Competing Proof-of-Work Cryptocurrencies. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Miners' Reward Elasticity and Stability of Competing Proof‐of‐Work Cryptocurrencies
Proof-of-Work cryptocurrencies employ miners to sustain the system through algorithmic reward adjustments. We develop a stochastic model of the multicurrency mining and identify conditions for stable...
onlinelibrary.wiley.com
February 6, 2026 at 11:11 AM
The International Economic Review has published a new exciting paper by Kohei Kawaguchi, Junpei Komiyama and Shunya Noda on Miners' Reward Elasticity and Stability of Competing Proof-of-Work Cryptocurrencies. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Sung-Ha Hwang, Philip R. Neary, Jonathan Newton and Ryoji Sawa on Pairwise Imitation and Tournament Graphs. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Pairwise Imitation and Tournament Graphs
This paper investigates strategic dynamics under the behavioral rule of pairwise interact and imitate (PII), which requires minimal information and emphasizes outperforming opponents in pairwise inte...
onlinelibrary.wiley.com
February 6, 2026 at 1:41 AM
The International Economic Review has just published a new exciting paper by Sung-Ha Hwang, Philip R. Neary, Jonathan Newton and Ryoji Sawa on Pairwise Imitation and Tournament Graphs. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Thomas Steger and Timo Trimborn on The Legacy of Policy Inaction in Climate-Growth Models. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The Legacy of Policy Inaction in Climate‐Growth Models
To better understand the structure and core mechanisms of a broad class of climate-growth models, we study a simplified version of the dynamic integrated model of climate and the economy (DICE) throu...
onlinelibrary.wiley.com
February 6, 2026 at 1:38 AM
The International Economic Review has just published a new exciting paper by Thomas Steger and Timo Trimborn on The Legacy of Policy Inaction in Climate-Growth Models. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Kristina Czura, Anett John and Lisa Spantig on Flexible Contract, Flexible Morale? Microcredit Design and Repayment Discipline. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Flexible Contract, Flexible Morale? Microcredit Design and Repayment Discipline
Flexible repayment benefits borrowers, but practitioners fear increased moral hazard. Investigating their concerns requires disentangling repayment choices from repayment capacity, which is typically...
onlinelibrary.wiley.com
January 29, 2026 at 5:23 PM
The International Economic Review has just published a new exciting paper by Kristina Czura, Anett John and Lisa Spantig on Flexible Contract, Flexible Morale? Microcredit Design and Repayment Discipline. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Erlend Eide Bø on Buy to Let: The Role of Rental Investors in Housing Booms. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Buy to Let: The Role of Rental Investors in Housing Booms
How do rental investors affect housing price dynamics? I develop a search model that allows housing owners to invest in rental housing. The model matches the high investor share and housing price inc...
onlinelibrary.wiley.com
January 24, 2026 at 12:42 PM
The International Economic Review has just published a new exciting paper by Erlend Eide Bø on Buy to Let: The Role of Rental Investors in Housing Booms. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Xiaogang Che, Tong Li, Jingfeng Lu and Xiaoyong Zheng on Optimal Selling Mechanisms With Endogenous Seller Outside Offers. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
onlinelibrary.wiley.com
January 20, 2026 at 11:37 AM
The International Economic Review has just published a new exciting paper by Xiaogang Che, Tong Li, Jingfeng Lu and Xiaoyong Zheng on Optimal Selling Mechanisms With Endogenous Seller Outside Offers. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Ting Lan, Lerong Li and Minghao Li on Cyclical Inequality in the Cost of Living and Implications for Monetary Policy. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Cyclical Inequality in the Cost of Living and Implications for Monetary Policy
This paper documents that households with higher marginal propensities to consume (MPCs) consume goods with more flexible prices. Consequently, they face more cyclical and volatile inflation, and exp...
onlinelibrary.wiley.com
January 12, 2026 at 11:42 AM
The International Economic Review has just published a new exciting paper by Ting Lan, Lerong Li and Minghao Li on Cyclical Inequality in the Cost of Living and Implications for Monetary Policy. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Hülya Eraslan and Xun Tang on Identification and Estimation of Large Network Games with Private Link Information. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Identification and Estimation of Large Network Games with Private Link Information
We study the identification and estimation of large network games in which individuals choose continuous actions while holding private information about their links and payoffs. Extending the framewo...
onlinelibrary.wiley.com
January 12, 2026 at 11:39 AM
The International Economic Review has just published a new exciting paper by Hülya Eraslan and Xun Tang on Identification and Estimation of Large Network Games with Private Link Information. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Allan Hernandez-Chanto on Recovering Preferences in College Assignment Problems Under Strategic and Constrained Reports. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Recovering Preferences in College Assignment Problems Under Strategic and Constrained Reports
Many countries around the world use centralized admission systems to assign thousands of students to university programs every year. However, the impact of admission policy changes on students' welfa...
onlinelibrary.wiley.com
January 11, 2026 at 1:13 PM
The International Economic Review has just published a new exciting paper by Allan Hernandez-Chanto on Recovering Preferences in College Assignment Problems Under Strategic and Constrained Reports. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Yusuke Zennyo on: Should Platforms be Held Liable for Defective Third-Party Goods?. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
onlinelibrary.wiley.com
January 8, 2026 at 12:43 PM
The International Economic Review has just published a new exciting paper by Yusuke Zennyo on: Should Platforms be Held Liable for Defective Third-Party Goods?. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Yoshiki Ando on the Dynamics of High-Growth Young Firms and the Role of Venture Capitalists. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Dynamics of High‐Growth Young Firms and the Role of Venture Capitalists
Motivated by the substantial growth and upfront investments of venture capital (VC)-backed firms observed in administrative US Census data, this study develops a life-cycle firm dynamics model. In th...
onlinelibrary.wiley.com
December 16, 2025 at 8:37 AM
The International Economic Review has just published a new exciting paper by Yoshiki Ando on the Dynamics of High-Growth Young Firms and the Role of Venture Capitalists. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Igor Livshits and Youngmin Park on Democratic Political Economy of Financial Regulation. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Democratic Political Economy of Financial Regulation
We establish that inefficiently lax financial regulation can arise democratically. Lax regulation leads to banks issuing risky mortgages at less than actuarially fair interest rates. This creates add...
onlinelibrary.wiley.com
December 13, 2025 at 12:03 PM
The International Economic Review has just published a new exciting paper by Igor Livshits and Youngmin Park on Democratic Political Economy of Financial Regulation. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Simon Dato, Andreas Grunewald and Andreas Klümper on Games Between Players With Dual-Selves. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Games Between Players With Dual‐Selves
Human decision making often seems to be determined by the resolution of intrapersonal conflict. This paper conceptualizes the analysis of decisions governed by such dual-self processes in individual ...
onlinelibrary.wiley.com
December 11, 2025 at 3:01 PM
The International Economic Review has just published a new exciting paper by Simon Dato, Andreas Grunewald and Andreas Klümper on Games Between Players With Dual-Selves. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The IER has just published its 5th issue of 2025 a Special Issue on : Financial Frictions for Firms and Households. The papers were presented at a 2024 conference organized by Peking University HSBC Business School and the IER. Check the papers out here: onlinelibrary.wiley.com/toc/14682354...
Special Issue: Financial Frictions for Firms and Households: Implications for Economic Development and Government Policies: International Economic Review: Vol 66, No 5
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onlinelibrary.wiley.com
December 10, 2025 at 10:06 AM
The IER has just published its 5th issue of 2025 a Special Issue on : Financial Frictions for Firms and Households. The papers were presented at a 2024 conference organized by Peking University HSBC Business School and the IER. Check the papers out here: onlinelibrary.wiley.com/toc/14682354...
The International Economic Review has just published a new exciting paper by Wei Shi, Chunchao Wang and Pei Yu on Network Games With Triadic Interactions. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Network Games With Triadic Interactions
We propose a model for network-mediated interactions incorporating higher-order relationships such as triadic interactions. The marginal utility of an individual's action depends explicitly on endoge...
onlinelibrary.wiley.com
December 6, 2025 at 12:56 PM
The International Economic Review has just published a new exciting paper by Wei Shi, Chunchao Wang and Pei Yu on Network Games With Triadic Interactions. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Doh-Shin Jeon, Yassine Lefouili and Leonardo Madio on Platform Liability and Innovation. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Platform Liability and Innovation
We study a platform's incentives to remove IP-infringing products and the effects of holding the platform liable for such infringements on innovation and welfare. We first show that platform liabilit...
onlinelibrary.wiley.com
December 6, 2025 at 12:51 PM
The International Economic Review has just published a new exciting paper by Doh-Shin Jeon, Yassine Lefouili and Leonardo Madio on Platform Liability and Innovation. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Russell Cooper, Guan Gong, Guanliang Hu and Ping Yan on Exporting Like China: Productivity, Market Demand, and Labor Frictions. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Exporting Like China: Productivity, Market Demand, and Labor Frictions
This paper studies Chinese firms' export status, distinguishing state and privately controlled enterprises. A dynamic model of export decisions is estimated by ownership types. The estimated models c...
onlinelibrary.wiley.com
December 6, 2025 at 12:48 PM
The International Economic Review has just published a new exciting paper by Russell Cooper, Guan Gong, Guanliang Hu and Ping Yan on Exporting Like China: Productivity, Market Demand, and Labor Frictions. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Edmund Crawley, Martin Holm and Håkon Tretvoll on A Parsimonious Model of Idiosyncratic Income. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
A Parsimonious Model of Idiosyncratic Income
The standard permanent and transitory income model is known to be misspecified. Estimates of income volatility within this model differ depending on the specific data moments used—whether they are in....
onlinelibrary.wiley.com
December 2, 2025 at 11:14 AM
The International Economic Review has just published a new exciting paper by Edmund Crawley, Martin Holm and Håkon Tretvoll on A Parsimonious Model of Idiosyncratic Income. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Evan Dudley, Hongfei Sun and Chengjie Diao on Search and Inventory in Over-the-Counter Markets. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Search and Inventory in Over‐the‐Counter Markets
We investigate the sources of the dealer centrality premium in the over-the-counter market for corporate bonds. We model dealer heterogeneity by allowing the dealer's status in the network to determi....
onlinelibrary.wiley.com
November 25, 2025 at 12:02 PM
The International Economic Review has just published a new exciting paper by Evan Dudley, Hongfei Sun and Chengjie Diao on Search and Inventory in Over-the-Counter Markets. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Johannes Gierlinger and Pau Milán on Simple Market Structures are Incomplete. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Simple Market Structures are Incomplete
We propose a model of categorization in financial markets where states are defined by payoff-relevant variables, but all securities are measurable with respect to strict subsets of these variables. T....
onlinelibrary.wiley.com
November 20, 2025 at 1:33 PM
The International Economic Review has just published a new exciting paper by Johannes Gierlinger and Pau Milán on Simple Market Structures are Incomplete. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The IER has just published a new exciting paper by David Bounie, Youssouf Camara and John W. Galbraith on Consumer Mobility, Offline and Online Regional Trade: Evidence From High-Frequency Transaction Data. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Consumer Mobility, Offline and Online Regional Trade: Evidence From High‐Frequency Transaction Data
The shift from offline to online purchasing is reshaping trade patterns: a weaker effect of distance has been observed in digital transactions. This study analyzes these dynamics at an unprecedented ...
onlinelibrary.wiley.com
November 13, 2025 at 12:42 PM
The IER has just published a new exciting paper by David Bounie, Youssouf Camara and John W. Galbraith on Consumer Mobility, Offline and Online Regional Trade: Evidence From High-Frequency Transaction Data. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Guzmán Ourens on Uneven Product Diversification: Explaining the Lag of Agricultural Economies. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Uneven Product Diversification: Explaining the Lag of Agricultural Economies
This paper documents that agricultural sectors diversify less than other manufacturing activities. A simple model shows that this difference can contribute to welfare divergence in a way that is qual....
onlinelibrary.wiley.com
November 8, 2025 at 10:36 AM
The International Economic Review has just published a new exciting paper by Guzmán Ourens on Uneven Product Diversification: Explaining the Lag of Agricultural Economies. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Alistair Macaulay and Chenchuan Shi on Ambiguity Aversion, Portfolio Choice, and Life Expectancy. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Ambiguity Aversion, Portfolio Choice, and Life Expectancy
This paper studies how wealth and aging affect portfolio choices in a life-cycle model with ambiguity aversion. Ambiguity aversion implies wealthier and older agents are endogenously more optimistic ...
onlinelibrary.wiley.com
November 5, 2025 at 9:50 AM
The International Economic Review has just published a new exciting paper by Alistair Macaulay and Chenchuan Shi on Ambiguity Aversion, Portfolio Choice, and Life Expectancy. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
The International Economic Review has just published a new exciting paper by Moritz Loewenfeld and Jiakun Zheng on Uncovering Correlation Sensitivity in Decision Making Under Risk. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...
Uncovering Correlation Sensitivity in Decision Making Under Risk
Allowing risk preferences to depend on the correlation between lottery outcomes can explain behavioral anomalies, while empirical evidence is limited and mixed. Using the framework of correlation sen....
onlinelibrary.wiley.com
October 27, 2025 at 2:43 PM
The International Economic Review has just published a new exciting paper by Moritz Loewenfeld and Jiakun Zheng on Uncovering Correlation Sensitivity in Decision Making Under Risk. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/10.1111/...