Published since November 1, 2001

The B.E. Journal of Economic Analysis & Policy

ISSN: 1935-1682

Editors-in-chief: Sandra Ludwig, Hendrik Schmitz

Edited by: Francesca Barigozzi, Ainoa Aparicio Fenoll, Robert Fleck, Matthew McGinty, Mariapia Mendola, Till Requate, Frans de Vries, Tobias Wenzel

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About this journal

Objective
The B.E. Journal of Economic Analysis & Policy (BEJEAP) welcomes submissions that employ microeconomics to analyze issues in organizational economics, consumer behavior, and public policy. Articles submitted to BEJEAP can come in two formats: research papers and letters. Authors should bring to their analysis whatever microeconomic theoretical, experimental or econometric tools are helpful. We publish both empirical work and applied theory (though not more abstract forms of applied theory), and our aim is to disseminate papers that have practical implications for public policy, organizational or individual decision making.

Topics

Design of organizations and institutions
Industrial organization
Health economics
Public finance
Labour Economics
Economics of education, family, development, law, or the environment
Effects of domestic and international policy

Article formats
Research Papers, Letters

> Information on submission process

Your Benefits

Your benefits:

Quick publication of cutting-edge research
Practical implications for public policies
Empirical work and applied theory
High quality peer-review

History

Content available since 2001 (Volume 1, Issue 1)

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Supplementary Materials

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Volume 23 Issue 2

April 2023

Publicly Available April 12, 2023

Frontmatter

Page range: i-ii

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Research Articles

December 16, 2022

Overconfidence and Public Intoxication Arrest: Evidence from a University Town Police Log

Elizabeth Hoffman, Younjun Kim

Page range: 293-322

Abstract

We show that overconfident individuals are likely to be arrested for public intoxication by using arrest records from a university town police log. This relationship is robust to various control variables such as risk aversion, time discounting, present bias, self-control, selfishness, loss aversion, and socializing with peers arrested for public intoxication. However, this relationship is no longer significant using only self-reported arrest data. We hypothesize that overconfident individuals are likely to underreport their arrests. This result has important implications for the use of self-reported data on public intoxication arrests rather than actual arrest records.

January 30, 2023

The Changing Determinants of Juvenile Crime

Philippe Belley, Gonzalo Castex, Evgenia Dechter

Page range: 323-347

Abstract

Following decades of increasing crime rates in the U.S., crime participation declined substantially throughout the 1990s, and have remained low in the 2000s. Using the 1979 and 1997 waves of the National Longitudinal Survey of Youth, we identify the determinants of criminal involvement and antisocial behavior. In the 1980s compared to the 2000s, youth from disadvantaged family backgrounds, those with lower skills, and those in urban areas were more disproportionately represented in crime participation. Our results suggest that most of the decline in crime is related to changes in the socio-economic environment and public policy shifts.

Publicly Available February 20, 2023

Failing Young and Temporary Workers? The Impact of a Disruptive Crisis on a Dual Labour Market

Carolina Nunes, Bruno P. Carvalho, João Pereira dos Santos, Susana Peralta, José Tavares

Page range: 349-395

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Abstract

We study the impact of the pandemic crisis using monthly data covering the universe of individuals registered as unemployed in mainland Portuguese municipalities, complemented with electronic payments, linked employer–employee data, and furlough records. Event study designs identify a sharp increase in unemployment, driven mostly by termination of temporary contracts, and a decrease in new job placements. With triple difference-in-differences, we show that the effects are stronger in more dual municipal labour markets, i.e. with a higher share of temporary jobs, concentrated in young workers and middle educated individuals. The asymmetries are exacerbated by the duality of the municipal labour market.

March 3, 2023

Productivity, Innovation Spillovers, and Mergers: Evidence from a Panel of U.S. Firms

Mahdiyeh Entezarkheir, Anindya Sen

Page range: 397-422

Abstract

We investigate the impact of mergers and product innovation on labour productivity through a unique panel data set of roughly 2000 publicly traded U.S. manufacturing firms from 1980 to 2003. OLS estimates reveal that mergers interacted with citation-weighted patents are significantly correlated with increases in labour productivity. OLS and IV estimates of citation-weighted patent stocks with respect to firm-specific labour productivity are positive and consistently significant. Further, mergers are significantly correlated with a rise in citation-weighted patent stocks and research and development (R&D) spending. In tandem, our findings suggest that larger firms resulting from mergers spend more on innovation, which results in higher quality patents, and increased labour productivity.

February 22, 2023

Trade Policies and FDI with an Endogenous Market Structure

Chih-Yi Hsu, Hong Hwang, Yan-Shu Lin, Cheng-Hau Peng

Page range: 423-442

Abstract

Given an endogenous market structure, this research investigates the effects of tariff and equivalent quota policies on foreign firms’ FDI decisions. Findings show that foreign firms have symmetric (asymmetric) decisions in terms of FDI versus export under a tariff (quota) policy. Furthermore, FDI is more likely to occur under the tariff than the quota regime, but the former is definitely more (less) desirable than the latter in terms of domestic (world) welfare. Finally, a more cost-efficient firm is more likely to engage in FDI under either the tariff or the quota regime.

March 7, 2023

Is There a Business Cycle Effect on the Incidence of Dual Job Holding?

Francesco Renna, Ronald L. Oaxaca, Chung Choe

Page range: 443-465

Abstract

This paper examines the extent to which the incidence of dual job holding is cyclically sensitive in the context of hours constraints on a worker’s weekly labor supply to their main job. Random effects logit models of the probability of dual job holding are estimated separately for men and women for each of three mutually exclusive, hours-constrained regimes: overemployment, unconstrained hours, and underemployment. As measured by the deviation of each individual’s current regional unemployment rate from their time-averaged mean regional unemployment rate, transitory business cycle movements have no effect on the probability of dual job holding. However, a permanent/steady-state increase (decrease) in the local unemployment rate reduces (raises) the probability of dual job holding among hours-unconstrained workers for both males and females. Furthermore, permanent employment contracts reduce the likelihood of having two jobs.

March 31, 2023

The Impact of Environmental Taxation on Wage Inequality in the Presence of Subsidizing Renewable Energy

Jiancai Pi, Yanwei Fan

Page range: 467-496

Abstract

This paper explores how environmental taxation affects wage inequality in the presence of subsidizing renewable energy. It is necessary to take both traditional dirty energy and renewable energy into account. Take the case where the renewable energy sector is more skill-intensive than the traditional energy sector as an example. If the final product sector is more skill-intensive than the whole energy sector, an increment of the output tax in the traditional energy sector will widen wage inequality unambiguously. However, if the final product sector is less skill-intensive than the whole energy sector, an increment of the output tax in the traditional energy sector may narrow down wage inequality when the substitution elasticity between energy and labor in the final product sector is sufficiently large. The interaction between environmental taxation and subsidization on renewable energy plays a key role in the mechanism. We also analyze the relationship between environmental taxation and welfare.

March 30, 2023

The Competitive Foundations of Price Cap Regulation

Dennis L. Weisman

Page range: 497-513

Abstract

Price cap regulation (PCR) as commonly implemented closely approximates atomistic Cournot competition in terms of the pass-through of industry and firm-specific cost-reducing innovation when the invariance property holds. A key finding is that the aggregate pass-through of cost-reducing innovation under PCR exceeds that under Cournot, holding the number of firms constant. The welfare gains under PCR are greater than Cournot when cost-reducing innovation is endogenous, the invariance property holds and demand is highly inelastic.

Letters

January 16, 2023

Exploring the Existence of a Short-Run Kuznets Curve: Does the Fourth Industrial Revolution Affect Income distribution?

Angelo Castaldo, Valeria De Bonis

Page range: 515-524

Abstract

The link between technological change and income inequality is central to the Kuznets hypothesis. In a time of technological transition towards the digitization and intelligentization of manufacturing processes (the fourth industrial revolution), this paper investigates the relationship between economic development and income distribution through the implementation of both a system generalized method of moments (system-GMM) and a semiparametric fixed effects model approach. Based on a panel of 31 European-area countries over a period of 12 years (2007–2018), accounting for the endogeneity bias arising from the transitional dynamics of income inequality and per capita income, our main results confirm the existence of an inverted U-shaped relationship between income inequality and economic development. Moreover, our analysis shows that the change in the share of labour employed in high-tech sectors is the main driver of this evolutionary pattern.

January 6, 2023

MRS Functions and the Pareto Interval in Public Good Provision

Norman L. Kleinberg, Barry K. Ma

Page range: 525-535

Abstract

The Lindahl-Samuelson condition is adapted to derive the range, or interval, of the efficient/Pareto levels of a public good. The size and bounds of the interval are shown to be dependent on the curvature of the marginal rate of substitution functions and the degree of heterogeneity of preferences. A policy implication is that unlike Nash or private provision, the relationship between the efficient level of a public good and income inequality can be ambiguous.

Open Access February 15, 2023

Optimal Imprisonment with General Enforcement of Law

Massimo D’Antoni, Tim Friehe, Avraham Tabbach

Page range: 537-545

More Download PDF

Abstract

We study the optimal use of imprisonment when enforcement efforts are general (i.e. when the probability of detection is common for a range of acts). In contrast to the conventional wisdom that optimal imprisonment rises with the act’s harmfulness and is equal to the maximum level only for the most harmful acts, we show that – when the distribution of criminal benefits exhibits a standard monotone hazard rate – optimal imprisonment can only be zero or maximal. Thus, having general as opposed to specific enforcement effort does not alter the fact that only extreme sanction levels should optimally be employed.

February 15, 2023

Immigration and Perceived Social Position. Insights from an Unintended Survey Experiment

Andrea Fazio, Erminia Florio

Page range: 547-564

Abstract

Using data from an involuntary survey experiment in Germany, we investigate whether priming people on immigration affects their self-perceived social standing. Our findings suggest that individuals who are administered a module concerning attitudes toward immigration perceive themselves as in a higher social position than would otherwise. Consistently with previous literature, we find that this effect is driven by right-wing-leaning individuals.

Ahead of Print / Just Accepted

Ahead of Print / Just Accepted

Volume 23 (2023)

Volume 22 (2022)

Volume 21 (2021)

Volume 20 (2020)

Volume 19 (2019)

Volume 18 (2018)

Volume 17 (2017)

Volume 16 (2016)

Volume 15 (2015)

Volume 14 (2014)

Volume 13 (2013)

Volume 12 (2012)

Volume 11 (2011)

Volume 10 (2010)

Volume 9 (2009)

Volume 8 (2008)

Volume 7 (2007)

Volume 6 (2006)

Volume 5 (2006)

Volume 4 (2005)

Volume 3 (2004)

Volume 2 (2003)

Issue 1

Volume 1 (2001)

Issue 1

5-year Journal Impact Factor	0.743
CiteScore	1.0
European Reference Index for the Humanities
Journal Impact Factor	0.905
Journal Citation Indicator	0.24
SCImago Journal Rank	0.343
Source Normalized Impact per Paper	0.525

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Submission
You can easily submit your manuscript online. Simply go to http://mc.manuscriptcentral.com/dgbejeap and you will be guided through the whole peer-reviewing and publishing process.

Your benefits of publishing with us

Rapid online publication ahead-of-print with short turnaround times
High quality manuscript processing through ScholarOne Manuscripts®
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Submission process

Submission of your paper via our submission management tool

Peer review process (you will be guided through every step)
Fast decision on your paper
If accepted: you have the option to publish it open access

In the interest of a fast track from submission to publication, there will be no major revision rounds for letters. BEJEAP will either accept manuscripts (subject to editorial revisions), invite minor revisions, or reject manuscripts without a detailed referee report. Submitted letters should hence be ready for publication if accepted for publication by the editors.

Please note

Manuscripts must be written in clear and concise English
Before submitting your article please have a look at our Information for Authors and Copyright Transfer Agreement
Once your article is accepted you have the option to publish it open access
Our Repository Policy allows you to distribute 30 PDF copies of your published article to colleagues (the PDF has to include the information that it is an author's copy). Please also feel free to distribute the link to the online abstract
If you have any general questions please visit our FAQ page for authors

We look forward to receiving your manuscript!

Editorial

Editors-in-Chief
Sandra Ludwig, Ulm University, Germany
Hendrik Schmitz, Paderborn University, Germany

Editors
Francesca Barigozzi, University of Bologna, Italy
Robert Fleck, Clemson University, USA
Ainoa Aparicio Fenoll, University of Turin, Italy
Matthew McGinty, University of Wisconsin-Milwaukee, USA
Mariapia Mendola, University of Milano-Bicocca, Italy
Till Requate, Kiel University, Germany
Frans de Vries, University of Aberdeen Business School, UK
Tobias Wenzel, University of Sheffield, UK

(Deutsch)

Online ISSN: 1935-1682
Type: Journal
Language: English
Publisher: De Gruyter
First published: November 1, 2001
Publication Frequency: 4 Issues per Year
Audience: researchers in the field of economic analysis and policy