NBER 经济 全文
We study how firms’ orientation toward employee well-being shapes the health of their workers. Because this orientation is not directly observable, we measure it from the language Danish firms use in their public…
NBER 经济 全文
We examine the response of residential customers to an extreme price change – namely that imposed by the government in the Republic of Georgia during the pandemic lockdown in the winter of 2020 and early 2021. As of…
NBER 经济 全文
We explore the historical link between populist regimes, fiscal monetization, and inflation, and how these links affect monetary policy in the 21st century. Using data for a large set of advanced economies and emerging…
NBER 经济 全文
We examine how information affects the choice between Social Security Disability Insurance (DI) and Old-Age Insurance (OAI) benefits for people between 62 and full retirement age. We find that receiving an initial…
NBER 经济 全文
We characterize optimal labor and capital income taxation in a task-based model of automation. Workers and machines are perfect substitutes in automatable tasks, which run from the bottom of the skill distribution up to…
NBER 经济 全文
We use data on 44,000 twin pairs observed as adolescents in the 2000 Census, linked to their earnings 20 years later, to study the heritability of labor market outcomes. We extend the Classical Twins Design (CTD), which…
NBER 经济 全文
The US federal government owns and administers 472,892,659 acres or 21% of the land area of the lower 48 states, the country’s largest landowner. The resource is held and managed as a collective resource, the Federal…
NBER 经济 全文
Artificial intelligence (AI) is transforming measurement in economics. AI models convert unstructured data, such as text and images, into structured variables at low cost, making previously prohibitive measurement…
NBER 经济 全文
In the late nineteenth century, Americans feared that crowded immigrant neighborhoods were spreading disease through industrial cities. We study this claim using newly constructed town-level panel data from…
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We measure the convenience yield on dollar safe assets over the last 5 years to answer this question. We find that within the set of U.S. dollar assets, safe asset convenience yields are about the same in 2025 as they…
NBER 经济 全文
We study optimal commodity taxation when consumers are rationally inattentive and the planner internalizes their attention costs. In our setting, consumers may underreact to taxes, may allocate attention unevenly across…
NBER 经济 全文
Children from low-income families face barriers outside the classroom that impede learning and limit opportunities for economic mobility. We study Communities In Schools (CIS), a program that places coordinators in…
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We study the first statewide SNAP restrictions on sweetened beverages and candy. Restricted spending falls 11 percent; calories and sugar fall 5–8 percent. Substitution is asymmetric: eligible fruit drinks partly offset…
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Gender-based harassment in public spaces affects women directly through victimization and indirectly through fear. We measure these dual effects in urban India, where harassment is widely regarded as pervasive…
NBER 经济 全文
We study the aggregate and heterogeneous effects of a front-of-package labeling policy implemented in Chile. We find that consumers reduced their sugar and caloric intake by 9% and 6%, respectively. On the demand side…
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This paper studies one of the largest spatial redevelopment efforts in the United States: HOPE VI public housing demolitions. Focusing on Chicago, we estimate a neighborhood choice model combining administrative records…
NBER 经济 全文
How do patent rights affect innovation and downstream production? Patent protection was introduced for plant biotechnology in the United States in 1985, and it affected crops differentially depending on their…
NBER 经济 全文
Can foreign intervention redirect domestic mobilization toward the regime it seeks to weaken? We study the 2026 U.S.–Israeli strikes on Iran, which occurred amid a nationwide anti-government uprising. Combining…
NBER 经济 全文
Probabilistic expectation questions are often used to measure subjective uncertainty, but respondents frequently assign all probability to one outcome. We show that this bunching is partly a survey artifact rather than…
NBER 经济 全文
Using Facebook friendship data, we study how three aspects of social capital shape innovative activity. We find that the most important aspect of social capital in explaining innovation is Economic Connectedness…
NBER 经济 全文
Political representation is systematically aligned with economically consequential differences in individual behavior: homeowners who are most deeply incorporated into electoral institutions are systematically more…
NBER 经济 全文
There is substantial heterogeneity in economic, educational, and health outcomes among American Indians, shaped by factors such as geographic location (urban vs. rural), resource endowments, and historical experiences…
NBER 经济 全文
Evaluations of microenterprise credit typically measure effects only on borrowing firms. But what about their customers? If microenterprises sell relatively undifferentiated goods and services, as is often hypothesized…
NBER 经济 全文
This study examines how social influences on academic performance evolve during transition to university when students encounter new social environments and publicly observable signals of academic ability. Using…
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