Authoritative takes on the most current and pressing issues in macroeconomics today.

The NBER Macroeconomics Annual provides a forum for leading economists to participate in important debates in macroeconomics and to report on major developments in macroeconomic analysis and policy.

The NBER Macroeconomics Annual brings together leading scholars to discuss five research papers on central issues in contemporary macroeconomics. First, Andrea Eisfeldt, Antonio Falato, and Mindy Xiaolan document the rise of a new class of worker that receives part of its labor income as equity-based compensation, its role in the recent decline in the labor share of income, and implications for the returns to skilled labor and the implied capital-skill complementarity. Next, Michael Bauer and Eric Swanson focus on monetary policy shocks and argue the correlation between estimated monetary surprises and previously available information can be explained by uncertainty about the parameters of the monetary policy rule. Using new data and methods they find effects of monetary policy on macroeconomic variables that are much larger than previously estimated. Job Boerma and Loukas Karabarbounis provide a framework for quantitatively exploring the gap in wealth between White and Black Americans over the past 150 years and examine the effectiveness of reparations as a tool for closing this gap. Guido Menzio considers workers who do not have rational expectations, and whose “stubborn” beliefs change the response of wages to technology shocks, resulting in sticky wages. He finds that the larger the fraction of workers with stubborn beliefs, the more volatile unemployment is. Finally, Rishabh Aggarwal, Adrien Auclert, Matthew Rognlie, and Ludwig Straub investigate the growth—particularly in the United States—of private savings, current account deficits, and fiscal deficits after 2020. They argue that fiscal deficits lead to large and persistent increases in private savings and current account deficits.
 

The sixteen articles in Proceedings of the Harvard Celtic Colloquium, 41, present a broad range of topics in Celtic Studies and an equally broad time scale. The October 2022 keynote by Dr. Natasha Sumner examines the common folklore trope in Celtic literature of an individual trapped, tricked, or accidentally trespassing into the Otherworld, seeking escape or rescue. Several contributions to the volume examine Irish and Welsh poetry, medieval and modern in both form and content. Women, as poets as well as subjects, are highlighted. Literary culture in the early modern period in Ireland is covered through published reviews, as well as in an article about an Irish émigré’s notebook. Medieval Irish religious beliefs feature in articles on Irish hagiography, divination, and the use of relics. Drama and performance are represented in two articles which discuss Welsh translations of Shakespeare and Scots-Gaelic theatre. A study of place names in the vicinity of Iona reveals a cultural topography as well as actual landscape. An investigation into the attitudes towards the disabled and impaired in medieval Irish literature, an apparently modern concern, finds surprising resonance with themes of compassion and acceptance.

The annual Review of Biblical Literature presents a selection of reviews of the most recent books in biblical studies and related fields, including topical monographs, multi-author volumes, reference works, commentaries, and dictionaries. RBL reviews German, French, Italian, and English books and offers reviews in those languages.

The Studia Philonica Annual is a scholarly journal devoted to the study of Hellenistic Judaism, particularly the writings and thought of the Hellenistic-Jewish writer Philo of Alexandria (circa 15 BCE to circa 50 CE).

An annual peer-reviewed law journal covering the legal implications of decisions by the Supreme Court of the United States.

Since it first appeared in 1960, the Supreme Court Review has won acclaim for providing a sustained and authoritative survey of the implications of the Court's most significant decisions. SCR is an in-depth annual critique of the Supreme Court and its work, analyzing the origins, reforms, and modern interpretations of American law. SCR is written by and for legal academics, judges, political scientists, journalists, historians, economists, policy planners, and sociologists.