On behalf of the 2025-26 Stanford Economic Review Editorial Board, we are pleased to present the fourteenth volume of Stanford University’s undergraduate economics journal. Readers can see the full paper here.
This academic year, we received submissions from across the world, and this publication represents a phenomenal and diverse set of topics. From trade shocks and climate change to the impact of tourism and AI on employment, the breadth of research featured in this volume reflects the wide-ranging economic questions shaping our world today – and the kind of intellectual curiosity that defines the Stanford Economic Review.
As part of our mission to support meaningful inquiry, empirical excellence, and thoughtful economic scholarship, we have also published commentaries that cover topical and imperative issues such as the environmental and economic impacts of the AI boom and recent developments in central banking. We hope our commentaries and this journal serve as a source of inspiration for students and readers to think critically about how systems, incentives, and policy interact.
We would like to thank each author behind the pieces that we publish, without whom this journal could not exist. Their rigor and passion shines through not only in their research and writing but in their communication and diligence throughout the editorial process. We commend all new and returning editors within the Stanford Economic Review, who help ensure that our journal consistently represents the best of our submissions. Lastly, we would like to extend our gratitude to the Stanford Economics Association for its continued support of our mission.
Araha Uday and Kasha Tyranski
2025-26 Editors in Chief