Est. William & Mary
Undergraduate Journal of Economics
Using a panel dataset of 18 eurozone economies from 2008–2022, this paper re-estimates the Keynesian fiscal multiplier under conditions of monetary policy constraint and finds that austerity measures enacted in peripheral economies consistently underestimated output losses—with lasting distributional consequences that standard models failed to anticipate.
International Trade
This paper examines how the CHIPS and Science Act and Inflation Reduction Act are reshaping the spatial distribution of manufacturing investment, with implications for regional labor markets and productivity.
Health Economics
Using Medicare claims data, we document that horizontal mergers between hospital systems are associated with a 12–18% increase in patient out-of-pocket expenditures within three years of completion.
Public Finance
Leveraging quasi-experimental variation in reassessment cycles, this analysis finds that property tax increases are borne disproportionately by long-term renters in rapidly gentrifying neighborhoods.
About the Review
The Economic Review at William & Mary is a student-run, faculty-advised journal dedicated to publishing rigorous undergraduate research in economics, public policy, and related fields.
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