A Journal of the Royal Economic Society
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The Economic Journal
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Forthcoming in EJ: ‘Wheels of Change: Transforming Girls’ Lives with Bicycles,’ by Nathan Fiala, Ana Garcia-Hernandez, Kritika Narula, Nishith Prakash doi.org/10.1093/ej/ueaf122 #EconSky
In the May 2026 issue: ‘Electoral Incentives to Obtain EU Grants’ by Francisco José Veiga, Linda Gonçalves Veiga, Otto Swank doi.org/10.1093/ej/u... #EconSky
One of the first articles to present causal evidence that forthcoming elections induce politicians to engage in activities that benefit citizens. Portuguese Mayors running for re-election secure 30% more EU funding in their last two years in office than term-limited mayors.
Authors develop a high-frequency measure of financial shocks using intermediaries’ stock-price changes around their earnings announcements. Shocks affect nonfinancial firms’ stock prices, bond spreads, and macro variables, especially when the financial system is undercapitalized.
The Economic Journal
Forthcoming in EJ: ‘Financial Intermediaries and the Macroeconomy: Evidence from a High-Frequency Identification,’ by Pablo Ottonello, Wenting Song doi.org/10.1093/ej/u... #EconSky
In Indian elections, candidates lose a deposit if they get <1/6 of votes. When women forfeit, they are 13.3pp less likely to run again—no effect for men. The impact persists over time and, in more regressive states, female forfeiters are also less likely to win next time.
An RCT in Colombia lets new microcredit borrowers delay some instalments. Flexibility does not increase profits 10 months after loan disbursal but increases default. The results help explain why lenders rely on rigid repayment schedules for first-time clients.
In the May 2026 issue: ‘Procedural Barriers to Political Candidacy: Gender, Discouragement and Candidate Persistence,’ by Marco Faravelli, Umair Khalil, Sundar Ponnusamy doi.org/10.1093/ej/u... #EconSky
Forthcoming in EJ: ‘Give Me a Pass: Flexible Credit for Entrepreneurs in Colombia,’ by Lasse Brune, Xavier Giné, Dean Karlan doi.org/10.1093/ej/ueaf116 @lassebrune.bsky.social @deankarlan.bsky.social #EconSky
The Economic Journal
The Economic Journal
The Economic Journal
The Economic Journal
The Economic Journal
The Economic Journal
The Economic Journal
The Economic Journal
Bicycles for Zambian girls 3km+ from school raised empowerment (+0.12 SD; locus of control +0.18, bargaining power +0.21). Commute times fell 35 min; absenteeism ↓29%, tardiness ↓66%, harassment ↓22%. Long-term: dropout ↓17% despite COVID.
