About the journal
What the Review is
The Andover Economics Review is a student-edited academic journal. Authors are high school students; the editorial board is drawn from AES members. The journal was created to give students a place to do real economics research and see it through to publication.
The journal covers the full range of economics, from labor and public finance to behavioral economics and economic history. Articles go through a peer review process before publication. The print edition is funded by the Abbot Academy Fund and distributed to students, faculty, and alumni.
Submissions for the next issue open in the spring. There is no restriction on topic, method, or school affiliation for authors. The editorial standard is rigor and clarity.
Submissions
Submit your research
Applications for the next issue open in spring 2026. Authors at any high school are eligible. Contact the editorial board to express interest.
Contact the board →Issues
Archive
Winter 2025
Andover Economics Review, Vol. 1
The inaugural issue covers topics including income redistribution and migration, Japan's labor policy response to depopulation, the anatomy of historical financial crises, China's green energy transition, and the political economy of financial regulation in early 18th-century Europe.
The issue features five articles written by AES members.
Coming soon
Spring 2026 issue
The spring 2026 issue is in development. It will include work from the fall policy brief track and submissions from the research symposium. Authors interested in submitting should contact the editorial board.
Winter 2025
Articles in this issue
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Andrew Liu
Income Redistribution: Problems of Politics and Migration
Examines why sub-national political polarization in the United States produces redistributive inefficiency, and how migratory externalities compound those inefficiencies. Uses public choice theory to argue that political reform is inseparable from redistributive solutions.
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Henry Zimmerman
Changes in Japan's Labor and Immigration Policy Address Depopulation Concerns
Analyzes Japan's June 2024 expansion of its foreign worker visa program against the backdrop of decades of demographic decline, declining birth rates, and a shrinking labor supply. Surveys the full range of policy responses — from "Womenomics" to productivity reforms to the new visa legislation — and asks whether patchwork solutions can address an existential economic threat.
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Jakob Kuelps
A Recipe for Disaster: How Change, Money and Behavior Create Financial Crises
Traces a common structure across financial crises from the South Sea Bubble to the Crash of 1929: novel change, easy money, and irrational human behavior. Argues the combination of all three — not any one factor in isolation — is what produces sustained market panics.
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Lisa de Boer
Will the Green Transition Save China's Economic Growth?
Examines whether China's green energy sector can replace the infrastructure investment, real estate development, and credit expansion that drove GDP growth for decades. In 2023, renewable energy accounted for an estimated 40% of overall GDP growth; the article asks whether this trajectory is sustainable as traditional drivers stall.
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Grant DeHoog
L'état, C'est Quoi?: Balanced Power versus Absolute Rule in the Rupture of Financial Bubbles
Compares the British and French responses to the South Sea and Mississippi Bubbles of the early 18th century. Britain's constitutional framework — particularly the Bank of England as lender of last resort — enabled recovery; France's unchecked absolutist monarchy amplified the disaster and delayed financial development for generations. Concludes with a note on the contemporary relevance of checks on monetary authority.