
The Impact of Commercial Real Estate Regulations on U.S. Output
By Lee Ohanian
Many of the most important venture…

Should we regulate artificial intelligence?
By Joao Guerreiro
The short stories in Isaac Asimov’s…

The Inner Beauty of Firms
By Jacob Kohlhepp
Full article available here.
Anyone…

Why does wage inequality change over time?
By Daniel Haanwinckel
A recent article by The Brookings…

The US-China Trade War and Global Reallocations
By Pablo Fajgelbaum
In 2018-19, a major trade conflict…

The Recent Decline in the United States’ Net Foreign Asset Position
By Andrew Atkeson
Since the early 1980’s, the residents…

Designing Disclosure for an Inattentive Audience
By Alex Bloedel
Having good information is key to making…

The Long-Term Consequences of Slum Clearance on Children
By Fernanda Rojas Ampuero
More than 25% of the world’s…

The Economic Cost of OPEC’s Control of Global Oil
By John Asker
OPEC, the global cartel of oil producing…

Aging Population and Aging Firms
By Hugo Hopenhayn
During the last 40 years, the US economy…

Technology Transfer and Early Industrial Development: Evidence from the Sino-Soviet Alliance
By Michela Giorcelli and Bo Li
The importance of international…

Droughts, Deluges, and (River) Diversions: Valuing Market-Based Water Reallocation
Climate change will continue to amplify water scarcity and…

Restorative Justice and Recidivism: Evidence from the Make-it-Right Program
The United States criminal justice policy has historically…

Market power in rural labor markets
There are increasing worries about rising `market power’…

Enforcing Wealth Taxes in the Developing World: Quasi-Experimental Evidence from Colombia
The rise in income and wealth inequality has spurred a renewed…

Arbitration in Wage Negotiations
Arbitration is a private bilateral conflict resolution procedure…

The Intergeneration Impact of the Freedman’s Bank Failure
In the U.S. today, there exist large racial disparity in…

Granular Comparative Advantage
Large firms play a pivotal role in international trade, with…

Match-Specific Quality in Education
Despite dramatic expansions in access to schooling in low-income…

Bond Liquidity During the Covid-19 Crisis
The COVID-19 pandemic has wrought havoc on the global economy.…

Do Youth Employment Programs Work?
According to the Bureau of Labor Statistics, about 10% of…

Infrastructure, Development and the Marshall Plan
The Marshall Plan, sponsored by the United States between…

Multinationals, Monopsony and the United Fruit Company
The effect of large-scale foreign investments in developing…

Individual vs. Joint Taxation
How do different income taxation systems -- for instance…

Cartels and Productivity
Cartels are a common feature in most economies. For instance,…

Immigration and Labor Markets
Economists have been studying the labor-market consequences…

Racial Bias in Policing
In January 2017, Attorney General nominee Jeff Sessions was…

Digitization in the Film Industry
Technology standards play a central role in a broad array…

Quantifying the Cost of Caregiving
The aging of the population brings with it a host of pressing…

The Cost of Bad Parents
Almost three million children in the U.S. have a parent in…

Learning Dynamics in Social Networks
How do societies learn about the quality of innovations?…

Rethinking Randomized Controlled Trials
Sir Ronald Fisher (1890-1962) is often regarded as the most…

Identifying Beliefs from Choice Data
How can we untangle beliefs from tastes in everyday decision-making?…

The California Policy Lab at UCLA
Earlier this month, Professor Till von Wachter was awarded…

The Sharing Economy and Housing Affordability
The sharing economy represents a set of peer-to-peer online…

Regulations and Competition in Subsidized Insurance Markets
The U.S. government has been increasingly relying on markets…

Debt Strategy
A classic question in economics is: How to design an optimal…

Merger Policy in a Globalizing World
Merger approval decisions of national antitrust authorities…

Dynamic Pricing with Strategic Customers
The rise of information technology has made it relatively…

Medicaid and Financial Health under the ACA
Over half of the uninsured struggle to pay their medical…

Understanding Network Formation
Social and economic networks permeate our lives. They play…

The Impact of Innovation on Growth
In ongoing research, Professors Andrew Atkeson and Ariel…

The Asymmetric Impact of Taxes on Prices
Value Added Taxes (VAT) don’t exist in the US but they…

Kidney Vouchers
Until recently, if someone wanted to donate a kidney to a…

Optimal Transport Networks
Trade costs are a ubiquitous force in international trade and…

Devaluation Risk and the Real Economy
A pertinent form of economic uncertainty for developing countries…

Recruiting Talent
The success of most firms is built upon hundreds of individuals…

Inference using Machine Learning
Machine learning (ML) methods, developed mostly by computer scientists…

The Long-Term Effects of Management and Technology Transfer
A long-standing question in Economics is whether differences…

Measuring the Financial Soundness of Firms
A commonly held view is that adverse macroeconomic shocks…

Investigating Income Inequality
It is well known that income inequality in the United States…

Navigating Minimum Advertised Prices
In his recent working paper entitled “Vertical Information…