Individual skill
restud-theory-model
Use when building, sharpening, or stress-testing the theoretical model in a The Review of Economic Studies (REStud) manuscript — whether a pure-theory paper or an empirical paper with a model — and when routing proofs to the online appendix. Develops the model and its economic payoff; does not run the empirics.
Review-of-Economic-Studies-Skills/skills/restud-theory-model/SKILL.md
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# REStud Theory / Model (restud-theory-model)
## When to trigger
- The paper is pure theory and needs the contribution framed as a clean result
- An empirical paper has a model whose assumptions and proofs are underdeveloped
- A proposition is stated but the proof lives inline and clutters the main text
- A referee will ask "what is the economic content of this result, beyond the algebra?"
## What REStud rewards in theory
REStud has unusually deep theory roots for a top-5 journal — it is where **optimal income-taxation theory** (Mirrlees, "An Exploration in the Theory of Optimum Income Taxation," REStud 38(2), 1971) and the **Ramsey–Cass–Koopmans** growth model (Cass, "Optimum Growth in an Aggregative Model of Capital Accumulation," REStud 32(3), 1965) were first published. It accepts theory across all fields and treats a **new model** as a first-class contribution — and with Joint Managing Editors who are themselves theorists (Antonio Penta in mechanism design, Jakub Steiner in information/behavioral economics), pure theory is a first-class citizen here, not a tolerated minority. The bar is **technical excellence with a legible economic payoff**:
- **Tractability with insight.** The model is as simple as it can be and still deliver the result. Generality for its own sake is not the contribution; the *economic* insight is.