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NBER @nber.org · 15h

Deviations from moderate temperatures kill hundreds of thousands each year in the US and EU, with limited evidence on which interventions work to reduce these burdens, from Burke, Wilson, Avirmed, Wallstein, Martins, Behrer, Callahan, Childs, Choi, French, Gould... https://www.nber.org/papers/w34313

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NBER @nber.org · 17h

Providing a framework to discipline and quantify assessments of AI's potential to accelerate progress in different research fields, from Benjamin Jones https://www.nber.org/papers/w34312

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NBER @nber.org · 19h

Via income pooling and below-market rate cross-border lending, the European Central Bank's unconventional policies created large, persistent transfers from Eurozone core to periphery countries, from Yi-Li Chien, Zhengyang Jiang, Matteo Leombroni, and Hanno Lustig https://www.nber.org/papers/w34311

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NBER @nber.org · 21h

Differences in the cost of acquiring human capital shape the geography of economic development. Regional proportional reductions in these costs dominate uniform policies, from Klaus Desmet, Dávid Krisztián Nagy, and Esteban Rossi-Hansberg https://www.nber.org/papers/w34310

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NBER @nber.org · 1d

Studying social protection programs in low-income countries finds no difference in efficacy between individual and group coaching. Although, group coaching is more cost-effective, from Beam, Brune, Das, Dercon, Goldberg, Haque, Karlan, Khan, Parkerson, Pople, Sa... https://www.nber.org/papers/w34309

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NBER @nber.org · 1d

In a monetary union, risk-free rates cannot adjust to country-level fiscal positions, leaving credit spreads and convenience yields to respond. The latter is empirically important, from Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh, and Mindy Z. Xiaolan https://www.nber.org/papers/w34307

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NBER @nber.org · 1d

Private equity (PE) exhibits greater sensitivity to competition. Whether PE ownership helps or hurts consumers depends on the competitive incentives where PE acquisitions occur, from Ashvin Gandhi, YoungJun Song, and Prabhava Upadrashta https://www.nber.org/papers/w34306

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NBER @nber.org · 1d

Assessing how the greater reliance of fiscal policy on tariffs will affect the US tax system, from @kclausing.bsky.social and Maurice Obstfeld https://www.nber.org/papers/w34192

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NBER @nber.org · 1d

Featured in the latest Digest: Universal Occupational Licensing Recognition and Healthcare Access

https://www.nber.org/digest/202510/universal-occupational-licensing-recognition-and-healthcare-access?page=1&perPage=50

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NBER @nber.org · 2d

Quantifying the impact of perceived cancer risk on housing values using widely advertised national reclassifications of chemical carcinogenicity in the US, from Jules H. van Binsbergen, João F. Cocco, Marco Grotteria, and S. Lakshmi Naaraayanan https://www.nber.org/papers/w34305

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NBER @nber.org · 2d

Investigating the unintended consequences of maternity leave extension on gender gaps in the labor market, from Hanming Fang, Jiayin Hu, and Miao Yu https://www.nber.org/papers/w34304

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NBER @nber.org · 2d

Chinese cities more dependent on land sales and land-backed debt before the COVID-19 pandemic experienced greater price increases and price-volume divergence during the pandemic, from Jeffery (Jinfan) Chang, Yuheng Wang, and Wei Xiong https://www.nber.org/papers/w34303

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NBER @nber.org · 3d

Adopting a data-driven approach to measure trade fragmentation between 2015 and 2023, from Barthélémy Bonadio, Zhen Huo, Elliot Kang, Andrei A. Levchenko, Nitya Pandalai-Nayar, Hiroshi Toma, and Petia Topalova https://www.nber.org/papers/w34302

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NBER @nber.org · 3d

Equity frictions vary widely across Europe, shaping entrepreneurial finance, wealth, and output. Unlike debt, reducing them boosts efficiency while also reducing inequality, from Alessandra Peter https://www.nber.org/papers/w34301

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NBER @nber.org · 3d

Using Hong Kong dollar option data and an asset-pricing model to estimate market views of the Hong Kong dollar peg and its time-varying credibility, from Urban Jermann, Bin Wei, and Vivian Yue https://www.nber.org/papers/w34300

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NBER @nber.org · 4d

Featured in the latest Digest: Declining Fertility in Wealthy Nations

https://www.nber.org/digest/202510/declining-fertility-wealthy-nations?page=1&perPage=50

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NBER @nber.org · 4d

Portfolios of the stocks of firms headquartered in "redder" (more Republicans per Democrat) counties lost more value immediately after the Liberation Day tariff announcements, from Huijun Yan and Randall Morck https://www.nber.org/papers/w34299

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NBER @nber.org · 4d

A broad shift to electric vehicles, which are quieter than traditional vehicles, could yield noise reduction benefits of $77.3 billion, concentrated among low-income families, from Enrico Moretti and Harrison Wheeler https://www.nber.org/papers/w34298

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NBER @nber.org · 4d

Self-image concerns shape people's learning, memory and cognition. These motivated beliefs affect moral behaviors, effort, investment, group dynamics and political attitudes, from Roland Bénabou and Luca Henkel https://www.nber.org/papers/w34297

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NBER @nber.org · 5d

Knowledge spillovers are key to growth but hard to estimate. Randomly giving out energy-efficient motors to leather-goods firms in Bangladesh led to strong local spillovers, from Ritam Chaurey, Gaurav Nayyar, Siddharth Sharma, and @ericverhoogen.bsky.social https://www.nber.org/papers/w34296

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NBER @nber.org · 5d

Modeling several ways in which AI may improve decisions, raise the productivity of firms, and raise human capital growth, from Boyan Jovanovic and Peter L. Rousseau https://www.nber.org/papers/w34295

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NBER @nber.org · 5d

Presenting a novel dynamic stochastic skill production model for multiple skills. The model explains the "fadeout" of measures of learning, from James J. Heckman and Jin Zhou https://www.nber.org/papers/w34294

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NBER @nber.org · 5d

A study of the expansion of specialized domestic violence courts in Puerto Rico (2014–20) finds that access substantially increased protection orders by 8 percentage points and reduced recidivism, from Carolina Arteaga, Gustavo J. Bobonis, Paola Salardi, and Dar... https://www.nber.org/papers/w34293

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NBER @nber.org · 5d

Proposing seniority as a non-pecuniary measure of career achievement as individuals with higher seniority levels in the public sector are more likely to transition to higher-paying private sector positions, from Amornsiripanitch, Gompers, Hu, Levinson, Mukharlya... https://www.nber.org/papers/w34292

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NBER @nber.org · 5d

Chinese monetary policy tightening depresses returns of country equity indexes and individual US stocks exposed to Chinese fund holdings relative to non-exposed stocks, from Chang Ma, @arebucci.bsky.social, and Sili Zhou https://www.nber.org/papers/w34291

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