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Letter from the editor

The Macroeconomics of Stratification

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"Stratification economics, which has emerged as a new subfield of research on inequality, is distinguished by a system-level analysis. It explores the role of power in influencing the processes and institutions that produce hierarchical economic and social orderings based on ascriptive characteristics.. ..." – By Stephanie Seguino

Lobbying in the Political Economy of International Trade

"While the role of lobbying in trade policy determination has been studied in a formal way since the early 1980s, it was the pathbreaking 1994 work by Grossman and Helpman in the following decade that led many scholars, using that framework (often with some modifications), to study many interesting political economy issues in the trade policy arena. ..." – By Devashish Mitra

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