Provides a forum for leading economists to participate in important debates in macroeconomics and to report on major developments in macroeconomic analysis and policy.

This fortieth volume of the NBER Macroeconomics Annual includes four new papers on contemporary macroeconomic challenges and methodologies. Christopher Clayton, Matteo Maggiori, and Jesse Schreger examine how hegemonic powers use economic policies as tools of influence on target countries and show how the effectiveness of these policies depends on the target’s available alternatives and whether it can take advantage of those alternatives. José Luis Montiel Olea, Mikkel Plagborg-Møller, Eric Qian, and Christian Wolf provide essential guidance for practitioners choosing between vector autoregressions and local projections for estimating impulse response functions. Kristin Forbes, Jongrim Ha, and M. Ayhan Kose analyze inflation-output tradeoffs across rate cycles from the 1970s to the post-pandemic period using a new cross-country database that reveals how delayed but aggressive monetary responses can generate low-cost disinflation. Satyajit Chatterjee, Dean Corbae, Kyle Dempsey, and José-Victor Ríos-Rull explore the bidirectional relationship between credit scores and inequality over the life cycle, demonstrating through a dynamic general equilibrium model how full information credit scoring systems can improve welfare outcomes. In a keynote address commemorating the conference anniversary, Olivier Blanchard assesses the evolution of macroeconomic research over four decades, and finds substantial methodological convergence.

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). This volume includes a special section on Philo's De providentia, six additional articles, annotated bibliographies, and a book review section.

This is volume 2025 issue 1 of The Supreme Court Review. 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. The Supreme Court Review is edited by David A. Strauss, Geoffrey R. Stone, Justin Driver, and William Baude.