Will Rafey discusses how contracts to remediate or restore Florida’s wetlands generated billions in gains from trade, but also increased total regional flood damage.Source: kvd designSince the 1990s, developers in Florida who want to build on wetlands have been required to buy offset credits from "wetland mitigation banks," private restoration p...
Higher tax revenue in developing countries may depend as much on organizational reforms as on structural economic change.Protesters against a proposed tax bill gather in front of the gate of the House of Representatives in Manila, Philippines.Source: Herman R. LumanogFor decades, economists have sought to understand why developing countries collect so litt...
Evidence from Finland suggests that incarceration for fraud defendants reduces recidivism and discourages misconduct among defendants’ colleagues.Source: StudioRomanticThe scale of fraud has surged worldwide over the past decade. Yet, despite mounting costs to victim households and firms, financial crimes are often punished less harshly than other nonviol...
Eric Chyn discusses the effects of racial segregation on long-run economic outcomes.Source: Tracks_Rails from Chicago, United States, Public domainThe place where a child grows up in America shapes their economic future to a significant degree. One long-suspected explanation is racial segregation, but proving whether segregation actually causes worse outco...
The sudden death of a parent has a significant impact on labor earnings, but affects men and women differently.Source: MbruxelleThe death of a parent is a painful experience that many working adults face, yet its economic consequences have received limited attention in the labor economics literature. Most research on the labor impacts of fatal health shock...
The AEA Executive Committee consists of the president, president-elect, two vice-presidents, the two most recent former presidents, six elected members, AEA journal editors, and the secretary-treasurer. All are interested in making contributions to the economics profession through their AEA leadership responsibilities, and many have come from, or move into...
Deadline: September 20, 2026The annual Elaine Bennett Research Prize supports, encourages, and recognizes outstanding contributions by young women in the economics profession. Nominees should be at the beginning of their career, normally within ten years of completing their dissertation and earning their PhD. However, adjustments will be made for nom...
Deadline: September 20, 2026The annual Janet L. Yellen Award for Excellence in Public Service is given to a senior economist for exemplary public service. The award honors leadership that advances the public good through service in government, university administration, or the private sector, and complements CSWEP’s existing portfolio by recognizing contr...
The effects of land ownership on wages in Japan, 1600–1870Source: Katsushika Hokusai, Public domainOne of the central questions in economic history is why the Industrial Revolution began in England rather than somewhere else. East Asian societies during the eighteenth century were equally, if not more, sophisticated by many measures. One prominent explana...
In developing countries, delayed school entry may lead to long-term gains.Students sit in classroom in Malealea, Lesotho.Source: Reinhold LeitnerPrevious research in high-income countries suggests that children who enter primary school at younger ages accumulate more total years of education and have better outcomes in adulthood, but these results may not ...
