The NBER has awarded six Robert Summers fellowships to enable economic statisticians from government agencies and international organizations to attend the Conference on Research in Income and Wealth ...

We study the effects of social media political advertising by randomizing subsets of 36,906 Facebook users and 25,925 Instagram users to have political ads removed from their news feeds for six weeks ...

We present evidence on how generative AI changes the work patterns of knowledge workers using data from a 6-month-long, cross ...

We decode China’s industrial policies from 2000 to 2022 by employing large language models (LLMs) to extract and analyze rich information from a comprehensive dataset of 3 million documents issued by ...

Legal claims are increasingly being considered as an alternative asset class, however, there appears to be a lack of a standard methodology for valuing litigation risk. This paper proposes a dynamic ...

We find that an unanticipated tightening of US monetary policy tends to raise US import prices. This empirical “spill-back” pattern differs from the predictions of typical open-economy macro models.

We examine the labor market effects of AI chatbots using two large-scale adoption surveys (late 2023 and 2024) covering 11 exposed occupations (25,000 workers, 7,000 workplaces), linked to matched ...

This paper explores the two-way relationship between international migration and political regime change, emphasizing the potential for a feedback loop: political shifts influence migration patterns, ...

We find that the price volatility of renewable assets is significantly greater than that of brown assets. Our causal estimates leverage the response of electricity and credit markets to US state-level ...

We introduce aggregate shocks to workers' value of job amenities in a frictional equilibrium model of the labor market with on-the-job search, where the job creation cost is sunk and quits trigger ...

Our primary empirical findings are that the age-friendliness of Korean jobs grew more slowly than in the US, and that older Koreans were not the main beneficiaries of these jobs. Both findings reflect ...

Furthermore, all these factors are associated with employee’s reported mental health. Stress and anxiety are particularly elevated for employees for whom work is important and who feel the employer ...