NBER Working Papers

From National Bureau of Economic Research, Inc
National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A..
Contact information at EDIRC.
Bibliographic data for series maintained by ().

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

35253: The Sisyphean Pursuit of Evidence for Poverty Traps

Dean Karlan, Amol Singh Raswan and Christopher Udry

35252: Distribution Costs

Cian Ruane and Alessandra Peter

35251: The Word Is Not Enough: Testing the Effects of Information Treatments on Perceived Corruption in Ukraine

Yuriy Gorodnichenko, Ilona Sologoub and Yuriy Fedyk

35250: Nonresponse Imputations and Related Measurement Issues in the CPI for Shelter

Lara Loewenstein, Hugh G. Montag and Randal Verbrugge

35249: The Price of Protection: Tariff Incidence and Import Collapse under the Infamous Smoot-Hawley Tariff

Kris James Mitchener and Mathieu Pedemonte

35248: Electoral Incentives and Government Transparency: Evidence from Freedom of Information Requests

Raymond Fisman, Aron Malatinszky and Eyub Yegen

35247: Scaling Point-in-Time Language Models

Bryan T. Kelly, Semyon Malamud, Johannes Schwab and Teng Andrea Xu

35246: Complex Modern Portfolio Theory

Oliver Hellum, Theis I. Jensen, Bryan T. Kelly and Semyon Malamud

35245: How Much Has Shale Gas Saved U.S. Consumers?

Lucas Davis

35244: Will The University Endowment Tax Slow Scientific Progress? Evidence from Elite Economics PhD Programs

Joshua Angrist, Marc Diederichs and Glenn Ellison

35243: A Tale of Two Market Returns: The Broad Market Factor and The Idiosyncratic Financial Factor

Sung Je Byun, Johnathan Loudis and Lawrence Schmidt

35242: Comparative Advantage and Openness under Global Fragmentation: Lessons from the Past 65 Years

Joshua Aizenman, Hiro Ito and Jamel Saadaoui

35241: From People’s War to People’s Rule: Rebel Governance and the Foundations of Inclusive Democracy

Bhishma Bhusal, Michael Callen, Rohini Pande, Soledad A. Prillaman, Deepak Singhania and Apurva Subedi

35240: Preference for Explainable AI

Alex Chan

35239: The Heterogeneous Bank Lending Channel of Monetary Policy

Jorge Abad, Saki Bigio, Salomon Garcia-Villegas, Joël Marbet and Galo Nuño Barrau

35238: The Human Capital Production Function: New Estimates and Implications for Labor Supply and Taxes

Han Gao, Michael Keane, Kaja Kierulf and Alan Woodland

35237: Unlocking Mortgage Lock-In: Equilibrium Effects in a Spatial Housing Ladder Model

Julia Fonseca, Lu Liu and Pierre Mabille

35236: Firm-Worker Matches: Experience or Inspection Goods?

Victoria Gregory, Guido Menzio and Giovanni M. Topa

35235: Cheapflation Cycles

Kunal Sangani

35234: Attorney Value-Added and Racial Disparities in the Criminal Justice System

Maya Mikdash, Mark Hoekstra and Suhyeon Oh

35233: The Educational Impacts of School Phone Bans: Evidence from Brazil

Guilherme Lichand, Luca Moreno-Louzada, Thiago da Costa and Matthew Gentzkow

35232: Designing More Informative Tests: Separating Execution from Recognition

Andrew Caplin and Leo Zhu

35231: Has the United States Bent the Health Care Cost Curve?

David Cutler and Lev R. Klarnet

35230: The (Lack of) Efficacy of Social Belonging and Growth Mindset Interventions Among College Students

Abid N. Alam, Philip Oreopoulos and Uros Petronijevic

35229: The Limits of Targeted Hiring Subsidies: Evidence from the Work Opportunity Tax Credit

Manisha Jain, Corina Mommaerts and Jeffrey Weaver

35228: Industrial Concentration, Property Values, and Municipal Bond Spreads

Kenneth Ahern

35227: The Optimal Use of AI in Financial Regulation

Christopher Clayton and Antonio Coppola

35226: A Promise Worth Keeping? Impacts of Free Community College on Degrees and Earnings

Paige Schoonover, Jonathon Attridge, Celeste Carruthers and Jilleah G. Welch

35225: States as Financiers: International Lending in War and Peace

Sebastian Horn, Carmen Reinhart and Christoph Trebesch

35224: Credit Supply, Firms, and Earnings Inequality

Christian Moser, Farzad Saidi, Benjamin Wirth and Stefanie Wolter

35223: Management of Health Care Facilities and Patient Attendance during Major Disruptions: Evidence from Kenya

Kathryn Andrews, Fabiano Dal-Ri, Roberta Gatti, Renata Lemos, Mario Macis and Lydia Nakhone

35222: Explaining Movements in Government Debt

Tatiana Kirsanova, Eric Leeper, Campbell Leith and Ding Liu

35221: Proposed Mergers Where Efficiencies Are Needed Most Might Be the Least Likely to Deliver Them

Robert Metcalfe, Alexandre B. Sollaci and Chad Syverson

35220: Trust, Financial Literacy, and Financial Behaviors: Shaping Retirement Security

Maya Haran Rosen, Annamaria Lusardi and Olivia Mitchell

35219: Lands of Opportunity: Differences in the Geography of Wealth and Income Mobility in the United States

Ariel Binder, Max Risch and John L. Voorheis

35218: California Billionaires: Wealth, Taxes, and Wealth Tax Revenue Estimates

Jasper Boll, Emmanuel Saez and Gabriel Zucman

35217: The Limits of Political Representation: Evidence from India

Veda Narasimhan and Jeffrey Weaver

35216: Divergence in Climate Change Communication: LLM-Based Evidence from the IPCC and the Press

Sebastian Galiani, Franco Mettola La Giglia and Raul A. Sosa

35215: Valuing Disaster Prevention: Desert Locust Monitoring and Control

Joséphine Gantois, Anouch Missirian, Evelina Linnros, Anna Tompsett, Amir Jina, Gordon McCord and Eyal G. Frank

35214: The Psychology of Macroeconomic Expectations

Pedro Bordalo, Nicola Gennaioli, Florencio Lopez-de-Silanes, Simon G. Schröder, Andrei Shleifer and Maarten van Rooij

35213: Sophisticated Borrowing Constraints and Macroeconomic Dynamics

Al-Mahdi Ebsim, Chen Lian, Yueran Ma, Pablo Ottonello and Diego J. Perez

35212: Old Space, New Space: A Commercial Revolution in Innovation?

Ruben Gaetani and Alexander Whalley

35211: Endogenous Task Bundling, Skills and Automation

Joshua Gans

35210: Medical Innovation and Racial Health Disparities: Evidence from a Breakthrough Treatment

D. Mark Anderson, Kerwin Kofi Charles and Daniel Rees

35209: State Dependence of Monetary Policy During Global Supply Chain Disruptions

Xiwen Bai, Jesus Fernandez-Villaverde, Yiliang Li and Francesco Zanetti

35208: Estimating the Present Value of R&D Tax Benefits in the United States

Brandon Pecoraro, Nicholas Hoffman, Martin Lopez-Daneri, Elena C. Derby, Rachel Moore and Shannon E. Sledz

35207: More Paths or More Contrast? A Theory of Experimentation Breadth

Joshua Gans and Luca Gius

35206: The Cost of Intermediary Market Power for Distressed Borrowers

Winston Dou, Wei Wang and Wenyu Wang

35204: Flood Risk, Insurance, and Housing in the United States

Suvy Qin and John L. Voorheis

35203: The Geography of Lifecycle Human Capital Accumulation

Ben Sprung-Keyser and Sonya Porter

35202: Fiscal Policy and Transition Risk

Stefano Carattini, Garth Heutel, Givi Melkadze and Inès Mourelon

35201: Intertemporal Arbitrage and Optimal Operation of Pumped Hydro Energy Storage

Isabel Figuerola-Ferretti and Eduardo S. Schwartz

35200: Credibility and Precommitment in Socialist Constitutionalism

Sebastian Edwards

35199: How do Workers Learn? Theory and Evidence on the Roots of Lifecycle Human Capital Accumulation

Xiao Ma, Alejandro Nakab and Daniela Vidart

35198: The Effects of GLP-1 Use on Mental Health, Self-rated Health, Employment and Marriage

Robert Kaestner and Cuiping Schiman

35197: Global Policy Spillovers: How Environmental Policies Propagate through Product Attributes

Koichiro Ito, James Sallee and Jonathan (Andrew) Smith

35196: Making Sense of Labor Market Indicators Amid Data Imperfections

Scott A. Brave, Erin E. Crust, Stefano Eusepi, Bart Hobijn and Aysegul Sahin

35195: AlphaPortfolio: Goal-Oriented Investment Management Through Deep Reinforcement Learning

Lin Cong, Ke Tang and Jingyuan Wang

35194: Data Centers and Local Economies in the Age of AI: A Shift--Share Approach

Fernando E. Alvarez, David Argente, Joyce Chow and Diana Van Patten

35193: Mortality Rates by Race and Ethnicity Among People with Disabilities

Madeline S. Helfer, Becky Staiger and Jessica Van Parys

35192: Algorithmic Credentialism

Peter Q. Blair and Rui Guo

35191: Organization Capital, Large Startups, and the Dearth of IPOs

Ruediger Fahlenbrach, Leandro Sanz and René M. Stulz

35190: The Long-Run Effects of the Affordable Care Act: Evidence from a Partially Pre-Committed Research Design Over the COVID-19 Recession and Recovery

Jeffrey Clemens, Anwita Mahajan and Joseph J. Sabia

35189: Crimes Against Campbell-Shiller

Itzhak Ben-David and Alex Chinco

35188: Deep Research on a Loop: Using AI Agents to Construct Economic Datasets

Santiago Afonso, Sebastian Galiani, Ramiro Gálvez and Raul A. Sosa

35187: Anti-Harassment Policy and the Startup Labor Market

Jun Chen, Song Ma and Feng Zhang

35186: AlphaGlass: Interpretable Characteristic-Based Portfolio Choice

Sebastian Bell, Ali Kakhbod, Martin Lettau and Abdolreza Nazemi

35185: Revealing Life Preferences Through LLMs

Omar Abdel Haq, Amitabh Chandra, Tomáš Jagelka, Erzo Luttmer and Joshua Schwartzstein

35184: Breaking the Early Bell: Lessons from the First Statewide Mandate on School Start Times

Jialu (Gloria) Dou, Rania Gihleb, Osea Giuntella and Jakub Lonsky

35183: What Does A Grade Mean? Informativeness and Strategic Manipulation of Grading Systems

Joshua Gans and Scott Kominers

35182: Growth is Getting Harder to Find, Not Ideas

Teresa Fort, Nathan Goldschlag, Jack Liang, Peter Schott and Nikolas Zolas

35181: Youth Mental Health and School Smartphone Bans: Early Evidence

Henry Saffer

35180: The Persistence of Power: How Family Origins Shape Political Representation and Policy

Eric Chyn, Katherine Cohen, Kareem Haggag and Bryan Stuart

35179: Bachelors Without Bachelor's: Gender Gaps in Education and Declining Marriage Rates

Clara Chambers, Benjamin Goldman and Joseph Winkelmann

35178: Earnings Management and Price Informativeness

Zhiguo He, Wenxi Jiang and Wei Xiong

35177: Separations Revisited: Do Layoffs or Quits Drive Lower Separation Rates in High-Quality Firms?

Caue Dobbin, Daniel Fernandez and Tom Zohar

35176: Measuring Water Misallocation in California

Will Rafey

35175: The Causal Effects of Expected Depreciations

Martha Elena Delgado Rojas, Juan Herreño, Marc Hofstetter and Mathieu Pedemonte

35174: Authority Figures and the Polarization of Gender Norms

Ali Abboud, Samuel Bazzi, Serena Canaan, Antoine Deeb and Pierre Mouganie

35173: How does Medicare Eligibility affect Choice and Utilization? Evidence from Veterans

Marion Aouad, Liam Rose and Todd Wagner

35172: Competitive Exposure and Entrepreneurial Experimentation

Joshua Gans

35171: Labor Market Effects of California’s $20 Fast-Food Minimum Wage

Arindrajit Dube

35170: Extreme Equilibria: The Benefits of Correlation

Kirill Rudov, Fedor Sandomirskiy and Leeat Yariv

35169: Opt In? Opt Out?

Alex Chan, Ayush Gupta and Yetong Xu

35168: The Postpandemic U.S. Immigration Surge: New Facts and Inflationary Implications

Anton Cheremukhin, Sewon Hur, Ronald Mau, Karel Mertens, Alexander W. Richter and Xiaoqing Zhou

35167: On the Negative Consequences of Low-Wage Offshoring for Innovation

Wulong Gu, Alla Lileeva and Daniel Trefler

35166: Interest Rate Caps, Competition, and Strategic Borrowing: Evidence from Kenya

Aroon Narayanan, Tavneet Suri and Prashant Bharadwaj

35165: Health Inequalities Among Danish Retirees 2004-2022

Paul Bingley, Nabanita Datta Gupta, Malene Kallestrup-Lamb and Alexander O.K. Marin

35164: How Should Central Banks Respond to Commodity Price Shocks? Optimal Monetary and Exchange Rate Frameworks for Commodity-Exposed Economies

Thomas Drechsel, Michael McLeay, Silvana Tenreyro and Enrico D. Turri

35163: How Poverty Fell

Vincent J. Armentano, Paul Niehaus and Tom Vogl

35162: Why Bans Fail: Tipping Points and Australia's Social Media Ban

Leonardo Bursztyn, Angela L. Duckworth, Rafael Jiménez-Durán, Aaron Leonard, Filip Milojević, Christopher Roth and Cass Sunstein

35161: Shaping Society's Character: The Role of Schools in Developing Social and Emotional Skills

Sule Alan

35160: Adolescent Behavior, Learning, and Knowledge Diffusion: Evidence from a Randomized Experiment

Sule Alan, Kumar Biswas, Christina S. Hauser and Shwetlena Sabarwal

35159: Data Neutrality, Data Supply, and Market Competition

Hanming Fang and Soo Jin Kim

35158: Mosaics of Predictability

Lin Cong, Guanhao Feng, Jingyu He and Yuanzhi Wang

35157: Automation, Learning, and Career Dynamics

Hassan Afrouzi, Andres Blanco, Andrés Drenik and Erik Hurst

35156: Trade and the End of Antiquity

Johannes Boehm and Thomas Chaney

35155: When Does Automating AI Research Produce Explosive Growth? Feedback Loops in Innovation Networks

Tom Davidson, Basil Halperin, Thomas Houlden and Anton Korinek

35154: Replacement and Reputation

Navin Kartik, Elliot Lipnowski and Harry Pei

35153: AI Managed Household Portfolios: A Preliminary Report

Bruce I. Carlin, Ryan Israelsen and Christopher F. Wazzan