I was the management editor Economic perspective journal Since the first problem of summer 1987, JEP was published by the American Economic Association, which was rebuilt in 2011. In 2011, it was decided with joy. The journal will be free online as the first issue from the current issue. You can download individual articles or full problems and use it as a variety of e-leaders. In this case, we will start with the table of contents just released. Winter 2025 IsSSUE, It is known as a problem #151 in Taylor furniture. Below are green and direct links to all papers. In a few weeks, I plan to write a blog more specifically about some papers.
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2023 merger guidelines and more
“2023 AC of the merger guidelines and monopolyDaniel Francis
In 2023, the Federal Monitoring Ban Institution rewritten the state’s flagship merger policy document as part of the extensive “Shin Brandeia” efforts to bring deeper reforms of the monopoly system. The 2023 merger guidelines (2023 merger guidelines) were controversial. Some people congratulated them with revolutionary development and criticized others with a step toward the past. This article evaluates the 2023 guidelines for the arc of modern history of monopoly. It argues that the new guidelines are the main intention of merger execution, which stops the migration tendency from the structure to the welfare, but carefully deals with the ambiguity between the welfareist and the non -welfare policy. Inviting revolutionary and evolutionary reading, the institutions sacrificed clarity and discouraged beneficial transactions, but now they have delayed the rapid conflict between those who preserve the paradigm of monopoly ban and those who reaffirm it.
“Improvement of economic analysis of merger guidelinesLouis kaplow
The merger review should reflect the basic lessons of decision -making analysis, the best practices of the industrial organization economy and the teachings of related fields. Unfortunately, there is a lack of analysis of modern merger guidelines. Protocols violate standard prescriptions for information collection and decision -making, greatly deviate from key models of competitive interactions, and do not take advantage of the central development to understand the efficiency of merger, and ignore the basic epidemiology related to entry. It depends on the paradigm. . This article describes the correct analysis in detail and contrasts with the implementation of modern merger guidelines commonly used throughout developed countries, including the revision of the 2023 merger guidelines.
“Acquisition to enter a new market”Carl shapiro
How do monopoly agencies have to enter the new market with a successful acquisition of a successful company? Should the major pharmaceutical companies with a wide range of sales and distribution networks be able to acquire popular drugs that are not competing with the drugs already owned? The expansion of successful companies through the US economy has played an important role in promoting competition and inducing economic growth. However, the acquisition to enter the new market can also harm competition by allowing monks to expand the empire. The 2023 merger guideline has opened up a new horizon by the US monopoly agency that the merger company will challenge the merger and acquisition that can allow the merger to extend the dominant position in the relevant market in one market. I rarely mention what such acquisitions will be. It is evaluated. This article explains how monopoly agencies can use economic evidence and theory to distinguish the acquisition to enter the harmful new market and beneficial markets.
American safety net
“Two history of public safety netsChristopher Howard
The poverty of the United States has decreased over the last half century, but it remains a serious problem. This article starts with an average test program, then adds a comprehensive social insurance program to compose the historical development of the public safety net. Over time, programs for those with low income have gradually moved from the province to the state level. Nevertheless, they maintained their political vulnerable state as policy makers questioned the winners’ qualifications and often tried to limit cash welfare. These concerns were less prominent about comprehensive programs such as social security and Medicare, and quickly gained the benefits of the elderly between 1950 and 1980. The conclusion section emphasizes the recent trend of challenging the weaknesses of the means test program and the strength of comprehensive programs.
‘ Welfare reform ended the safety net we know? Records since 1996”Lucie schmidt, lara show-sheppard and target
This paper investigates the evolution of the safety net of low -income families after the 1996 welfare reforms promised “The Welfare we know”. The total support package has become more generous but has changed. Support moved from monthly cash transfer to tax deductions and in -kind benefits, and for those who do not have profits, it was expanded for working families. While the resources available to the married family have been expanded, there are still resources for adults without dependents. We also record that despite the expansion of main flexibility, the variability of the generosity of the entire generosity has not grew due to the simultaneous expansion of federal food support and tax deductions. Overall, these changes reflect continuous competition on two major policy issues. First, what is the appropriate conflict between working promotion and preventing materials? Second, what is the appropriate role in the Lord and the federal government in determining the generosity of the safety net?
“Administrative burden of social safety net”Pamela herd and donald moynihan
Administrative burden forms people’s experience and approach to social safety net programs. They can undermine the goals of these programs. This burden is an experience of policy implementation, which occurs through learning costs (knowing the existence and requirements of public services), compliance (time and effort to deal with bureaucracy such as documents and documents), and psychological costs. Cost (emotional response to civil national interaction). These frictions can substantially limit the access of those who are qualified for public services, benefit, and deserve legally. Those with the least resources and the largest demands may have more difficulties to overcome their luggage. Friction strengthens existing inequality. As a research approach, the administrative burden provides an intuitive and accessible way for policy actors and researchers to improve national capabilities and public services.
clauses
“Infrastructure construction: Law and economics of permissionZachaary Liscow
Considering the advantages of economic growth and economic mobility and the need to convert to green energy, it is an urgent problem to build an infrastructure. I first review the costs and advantages of the government approval system for such a building. In the United States, the permission is slow, the infrastructure is expensive, and the environmental results are especially not good. I propose a framework for two levels of reform: the power and plan of the administration. After considering the possibility of reform, I suggest that reforming two dimensions can lead to “green deals” that help efficiency, environment and democracy.
“Practical guide for shift sharing devices”Kirill borusyak, peter hull and xavier jaravel
The recent economics literature shows two clear paths to identify as a shift sharing organization by utilizing many external shifts or external shares. We provide a simple checklist to present the core logic of the path and actual takeout. Various empirical settings show key matters.
“Tax privacyJoel Slemrod’s,
To implement a fair and efficient tax system, the government must be able to access certain information about taxpayers. If the demand for personal information protection means that the government restricts access to the relevant information, the tax system limits the degree to which this goal can be achieved. In this way, the demand for restricting the government’s approach to information imposes social costs. This article explains important privacy aspects, including leakage, and explores taxpayer’s information disclosure in a particular country. Then we discuss whether or not to provide a taxpayer of information revelation, difficulty in confirmation, and how taxpayers value tax privacy. Policy trade off.
“PHILIPP STRACK, 2024 Clark MedalistDrew fudenberg
In 2024, the US Economic Association’s John Bates Clark medal was awarded to Philipp STRACK, a professor of economics at Yale University, and his contribution to personal decision -making studies that introduced new technologies improved our understanding of important economic phenomena. By building a bridge in modern economic theory and extensive adjacent fields, we have created a new wave of research on economics of information. This article summarizes some of PHILIPP’s papers and explains how to create and improve the previous work.
“Recommendations for additional readingTimothy Taylor
