Recent Publications

Recent Publications by Williams College Economics Faculty
(with student or alumni co-authors noted where applicable)

Owen Thompson. 2024. “Human Capital and Black-White Earnings Gaps, 1966–2019.” Journal of Economic Behavior and Organization. Vol. 227: 106707. https://doi.org/10.1016/j.jebo.2024.106707

Pamela Jakiela, Owen Ozier, Lia C.H. Fernald, and Heather A. Knauer. 2024. “Preprimary Education and Early Childhood Development: Evidence from Government Schools in Rural Kenya.” Journal of Development Economics. Vol. 171: 103337. https://doi.org/10.1016/j.jdeveco.2024.103337

Francesco Carli and Burak R. Uras. 2024. “E-Money, Risk-Sharing, and Welfare.” European Economic Review. Vol. 169: 104832. https://doi.org/10.1016/j.euroecorev.2024.104832

Quamrul H. Ashraf, Francesco Cinnirella, Oded Galor, Boris Gershman, and Erik Hornung. 2024. “Structural Change, Elite Capitalism, and the Emergence of Labor Emancipation.” Review of Economic Studies. https://doi.org/10.1093/restud/rdae043 

Miesha Williams, Caitlin Caspi, Sarah Jacobson, Richard (Max) Melstrom, Robert D. Mohr, Ruth Uwaifo Oyelere, Ruth Uwaifo, and Brandon Ware. 2024. “A Call for Social Justice-Related Research in Agricultural, Environmental, and Natural Resource Economics.” Choices Magazine: A Publication of the Agricultural & Applied Economics Association. Vol. 39, Quarter 3: 1-7. https://www.choicesmagazine.org/choices-magazine/submitted-articles/a-call-for-social-justice-related-research-in-agricultural-environmental-and-natural-resource-economics

Owen Thompson. 2024. “Gifted & Talented Programs and Racial Segregation.” Education Finance and Policy. Vol. 19, Issue 4 (Fall): 692-715,  https://doi.org/10.1162/edfp_a_00415

Jon Bakija. 2024. “The US Individual Income Tax: Recent Evolution and Evidence.” Journal of Economic Perspectives. Vol. 38, No. 3 (Summer): 33–60. https://doi.org/10.1257/jep.38.3.33

Sergio Barrera, Susan Sajadi, Marionette Holmes, and Sarah Jacobson. 2024. “Valuing Identity in the Classroom: What Economics Can Learn from Science, Technology, Engineering, and Mathematics Education.” Journal of Economic Perspectives Vol. 38, No. 3 (Summer): 163–190. https://doi.org/10.1257/jep.38.3.163

Amanda Gregg and Steven Nafziger. 2024. “Births, Lives, and Deaths of Corporations in Late Imperial Russia.”  The Economic Journal. Vol. 134, Issue 661 (July): 2041–2070, https://doi.org/10.1093/ej/ueae011

Owen Thompson. 2024. “Selected Fertility and Racial Inequality.” Journal of Human Resources. Vol. 59, No. 3 (May): 684-710. https://doi.org/10.3368/jhr.0221-11481R2

David K. Evans, Pamela Jakiela, Amina Mendez Acosta. 2024. “The Impacts of Childcare Interventions on Children in Low- and Middle-income Countries.” American Economic Review Papers and Proceedings. Vol. 114 (May): 463-466, https://doi.org/10.1257/pandp.20241015

Karl Boulware and Ken Kuttner.  2024. “What Explains Black Employment Dynamics?” American Economic Review Papers and Proceedings. Vol. 114 (May): 191-195, https://doi.org/10.1257/pandp.20241125

Patricio S. Dalton, Haki Pamuk, Ravindra Ramrattan, Burak Uras and Daan van Soest. 2024. “E-Payments and Business Finance: A Field Experiment with Mobile Money in Kenya.” Management Science. Vol. 70, No. 4 (April): 2590-2625,  https://doi.org/10.1287/mnsc.2023.4821

William Chen ’19 and Gregory Phelan. 2024. “Liquidity Provision and Financial Stability.” Journal of Money, Credit, and Banking. Vol. 56, No. 2-3 (March-April): 455-487,  https://doi.org/10.1111/jmcb.13026

Sara LaLumia. 2024. “Intergenerational Effects of the EITC: The Case of Grandparents.” National Tax Journal. Vol. 77, No. 1 (March): 39-73,  https://doi.org/10.1086/728396

Burak Uras and Ping Wang. 2024. “Misallocation, Productivity and Development with Endogenous Production Techniques.” Journal of Development Economics. Vol. 167 (March): 103251, https://doi.org/10.1016/j.jdeveco.2023.103251

Jean-Paul L’Huillier, Gregory Phelan and Hunter Wieman ‘20.  2024. “Technology Shocks and Predictable Minsky Cycles.” The Economic Journal. Vol. 134, Issue 658 (February): 811–836. https://doi.org/10.1093/ej/uead085

Gregory Casey. 2024. “Energy Efficiency and Directed Technical Change: Implications for Climate Change Mitigation.” The Review of Economic Studies. Vol. 91, Issue 1 (January): 192-228, https://doi.org/10.1093/restud/rdad001

José Gabo Carreño and Burak Uras. 2024. “Macro Welfare Effects of Flexible Labor Contracts.” European Economic Review. Vol. 161 (January): 104633. https://doi.org/10.1016/j.euroecorev.2023.104633

Amy W. Ando, Titus O. Awokuse, Nathan W. Chan, Jimena González-Ramı́rez, Sumeet Gulati, Matthew G. Interis, Sarah Jacobson, Dale T. Manning, and Samuel Stolper. 2024. “Environmental and Natural Resource Economics and Systemic Racism.” Review of Environmental Economics and Policy. Vol. 18, No. 1 (Winter): 143-164,  https://doi.org/10.1086/727693

Matthew Gibson, Maulik Jagnani and Hemant K. Pullabhotla. 2023. “Changes in Children’s Time Use, India 1998-2019.” Research in Labor Economics. Vol. 51: 55-88. https://doi.org/10.1108/S0147-912120230000051003

Gregory Casey, Stephie Fried and Ethan Goode. 2023. “Projecting the Impact of Rising Temperatures: The Role of Macroeconomic Dynamics.” IMF Economic Review. Vol. 71 (September): 688-718. https://doi.org/10.1057/s41308-023-00203-0

Wolfgang Keller, Teresa Molina and William W. Olney.  2023. “The Gender Gap Among Top Business Executives.” Journal of Economic Behavior & Organization. Vol. 211 (July): 270-286. https://doi.org/10.1016/j.jebo.2023.04.017

William Chen ‘19 and Gregory Phelan. 2023. “Should Monetary Policy Target Financial Stability?” Review of Economic Dynamics. Vol. 49 (July): 181–200. https://doi.org/10.1016/j.red.2022.08.002

Raymond Fisman, Pamela Jakiela, Shachar Kariv, and Silvia Vannutelli. 2023. “The Distributional Preferences of Americans, 2013-2016.” Experimental Economics. Vol. 26, No. 4: 727–48. https://doi.org/10.1007/s10683-023-09792-z

J. Glandon, Ken Kuttner, Sandeep Mazumder, and Caleb Stroup. 2023. “Macroeconomic Research, Present and Past.” Journal of Economic Literature Vol. 61, No. 3, pp. 1088–1126. https://doi.org/10.1257/jel.20211609

Dietrich Earnhart, Sarah Jacobson, Yusuke Kuwayama and Richard T. Woodward. 2023. “Discretionary Exemptions from Environmental Regulation.” Land Economics. Vol. 99, No. 2: 203-221. https://doi.org/10.3368/le.052520-0071R1

Amanda Gregg and Steven Nafziger. 2023. “Financing Industrial Corporations in a Developing Economy: Panel Evidence from Imperial Russia.” Financial History Review. Vol. 30, No. 2: 125-161. https://doi.org/10.1017/S096856502200018X

Owen Thompson. 2023. “Gifted and Talented Programs Don’t Cause School Segregation: Uneven Enrollments, but Minor Impacts on Racial Separation.” Education Next, Vol. 23, No. 2 (Spring): 54-49. https://www.educationnext.org/gifted-and-talented-programs-dont-cause-school-segregation/

Sarah Jacobson. 2023. “Ore Money Ore Problems: A Resource Extraction Game.” Journal of Economic Education Vol. 54, No. 2: 158–176. https://doi.org/10.1080/00220485.2023.2171521

Feixue Gong ‘16 and Gregory Phelan. 2023. “Collateral Constraints, Tranching, and Price Bases.” Economic Theory. Vol. 75, No. 2: 317–40. https://doi.org/10.1007/s00199-022-01414-8

Clara Delavallade and Susan Godlonton. 2023. “Locking Crops to Unlock Investment: Experimental Evidence on Warrantage in Burkina Faso.” Journal of Development Economics. Vol. 160 (January): 102959. https://doi.org/10.1016/j.jdeveco.2022.102959

Matthew Chao and Geoffrey Fisher. 2022. “Self-Interested Giving: The Relationship Between Conditional Gifts, Charitable Donations, and Donor Self-Interestedness.” Management Science Vol. 68, No. 6: 4537-4567. https://doi.org/10.1287/mnsc.2021.4039

Margo Beck ’18 and Sara LaLumia. 2022. “Female Role Models and Labor Force Participation: The Case of the All-American Girls Professional Baseball League.” Eastern Economic Journal. Vol. 48, No. 4 (October): 488–517. https://doi.org/10.1057/s41302-022-00219-w

Abigail LeBlanc ’21 and Stephen Sheppard. 2022. “Women Artists: Gender, Ethnicity, Origin and Contemporary Prices.” Journal of Cultural Economics. Vol. 46, No. 3: 439–81. https://doi.org/10.1007/s10824-021-09431-6

Owen Thompson. 2022. “School Desegregation and Black Teacher Employment.” Review of Economics and Statistics. Vol. 104, No. 5: 962–80. https://doi.org/10.1162/rest_a_00984

David K. Evans, Pamela Jakiela, Heather A. Knauer, Amina Mendez Acosta. 2022. “Tools to Measure the Impact of Early Childhood Development Interventions on Maternal Mental Health in Low- and Middle-Income Countries.” SSM – Mental Health. Vol. 2 (December): 100127. https://doi.org/10.1016/j.ssmmh.2022.100127

Thomas M. Eisenbach and Gregory Phelan. 2022. “Cournot Fire Sales.” American Economic Journal: Macroeconomics. Vol. 14, No. 3: 508–542. https://doi.org/10.1257/mac.20200283

William W. Olney. 2022. “Intra-African Trade.” Review of World Economics. Vol. 158, No. 1: 25–51. https://doi.org/10.1007/s10290-021-00421-6

Kristin F. Butcher, Lucie Schmidt, Lara Shore-Sheppard, and Tara Watson. 2022. “Living with Children and Food Insecurity in Seniors.” Applied Economic Perspectives and Policy. Vol. 45, Issue 1: 234-261. https://doi.org/10.1002/aepp.13333

Matthew Chao and Ian Larkin. 2022. “Regulating Conflicts of Interest in Medicine Through Public Disclosure: Evidence from a Physician Payments Sunshine Law.” Management Science. Vol. 68, No. 2: 1078-1094. https://doi.org/10.1287/mnsc.2020.3940

William Chen ‘19, and Gregory Phelan. 2021. “International Coordination of Macroprudential Policies with Capital Flows and Financial Asymmetries.” Journal of Financial Stability. Vol. 56 (October): 100929. https://doi.org/10.1016/j.jfs.2021.100929

Tirthankar Roy and Anand V. Swamy. 2021. Law and the Economy in a Young Democracy: India 1947 and Beyond. Chicago: University of Chicago Press. https://doi.org/10.7208/chicago/9780226799148.001.0001

David K. Evans, Pamela Jakiela, and Heather A. Knauer. 2021. “The Impact of Early Childhood Interventions on Mothers.” Science. Vol. 372, Issue 6544: 794–796. https://doi.org/10.1126/science.abg0132

Kate Ambler ‘05, Susan Godlonton, and Maria P. Recalde. 2021. “Follow the Leader? A Field Experiment on Social Influence.” Journal of Economic Behavior and Organization. Vol. 188 (August): 1280-1297. https://doi.org/10.1016/j.jebo.2021.05.022

Clare Leaver, Owen Ozier, Pieter Serneels, and Andrew Zeitlin. 2021. “Recruitment, Effort, and Retention Effects of Performance Contracts for Civil Servants: Experimental Evidence from Rwandan Primary Schools.” American Economic Review. Vol. 111, No. 7: 2213–46. https://doi.org/10.1257/aer.20191972

Varun Gauri, Julian C. Jamison, Nina Mazar, and Owen Ozier. 2021. “Motivating Bureaucrats through Social Recognition: External Validity – A Tale of Two States.” Organizational Behavior and Human Decision Processes. Vol. 163 (March): 117-131. https://doi.org/10.1016/j.obhdp.2019.05.005

Owen Ozier. 2021. “Replication Redux: The Reproducibility Crisis and the Case of Deworming.” World Bank Research Observer. Vol. 36, No. 1: 101–30. https://doi.org/10.1093/wbro/lkaa005

David K. Evans, Maryam Akmal, and Pamela Jakiela. 2021. “Gender Gaps in Education: The Long View,” IZA Journal of Development and Migration, Vol. 12, No. 1 (January), https://doi.org/10.2478/izajodm-2021-0001

Johannes C. Buggle and Steven Nafziger. 2021. “The Slow Road from Serfdom: Labor Coercion and Long-Run Development in the Former Russian Empire.” Review of Economics and Statistics Vol. 103, No. 1, pp. 1–17. https://doi.org/10.1162/rest_a_00857

Quamrul Ashraf, Oded Galor, and Marc Klemp. 2021. “The Ancient Origins of the Wealth of Nations.” In Alberto Bisin and Giovanni Federico (eds.), The Handbook of Historical Economics, pp. 675–717, Cambridge: Elsevier, Academic Press. https://doi.org/10.1016/B978-0-12-815874-6.00027-7

Babatunde Abidoye, Sahan T. M. Dissanayake, and Sarah Jacobson. 2021. “Seeds of Learning: Uncertainty and Technology Adoption in an Ecosystem-Based Adaptation Game.” Applied Economics Teaching Resources. Vol. 3, No. 3: 79-103. https://www.aetrjournal.org/UserFiles/file/AETR_2020_24RRR%20Proof%20Final%20UPDATED.docx.pdf

Sahan T. M. Dissanayake, and Sarah Jacobson. 2021. “Money Growing on Trees: A Classroom Game About Payments for Environmental Services in Community Forestry.” Journal of Economic Education. Vol. 52, No. 3: 192-217.https://doi.org/10.1080/00220485.2021.1925183

de Oliveira, Angela C. M., and Sarah Jacobson. 2021. “(Im)Patience by Proxy: Making Intertemporal Decisions for Others.” Journal of Economic Behavior and Organization. Vol. 182 (February): 83–99. https://doi.org/10.1016/j.jebo.2020.12.008

Kate Ambler ’05 and Susan Godlonton. 2021. “Earned and Unearned Income: Experimental Evidence on Expenditures and Labor Supply in Malawi.” Journal of Economic Behavior & Organization. Vol. 187 (July): 33-44.  https://doi.org/10.1016/j.jebo.2021.03.039

William W. Olney and Dario Pozzoli. 2021. “The Impact of Immigration on Firm-Level Offshoring.”  The Review of Economics and Statistics. Vol. 103(1) (March): 177-195. https://doi.org/10.1162/rest_a_00861

Wolfgang Keller and William W. Olney. 2021. “Globalization and Executive Compensation.”  Journal of International Economics. Vol. 129 (March).  https://doi.org/10.1016/j.jinteco.2020.103408