NBER research associates George Borjas, Kim Ruhl, and Pierre Yared have taken leave from their academic positions to serve at the Council of Economic Advisers. Borjas is serving as a Senior Economist, ...

We examine the causal effect of health insurance on mortality using the universe of low-income adults, a dataset of 37 million individuals identified by linking the 2010 Census to administrative tax ...

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 ...

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, ...

Despite growing public funding for religious schools through U.S. school choice programs, little is known about what they teach. We examine textbooks from public schools, religious private schools, ...

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 ...

Following a call for nominations in January, the NBER has appointed 63 new affiliates: 19 Research Associates and 44 Faculty Research Fellows. In addition, six Faculty Research Fellows have been ...

We use a dynamic trade and reallocation model with downward nominal wage rigidities to quantitatively assess the economic consequences of recent U.S. tariff increases on imports from Mexico, Canada, ...

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 ...

A classic result in trade theory is that it is socially optimal to set the tariff on a good equal to the inverse of the elasticity of its foreign supply. However, this result is based on the ...

We present evidence on how generative AI changes the work patterns of knowledge workers using data from a 6-month-long, cross-industry, randomized field experiment. Half of the 7,137 workers in the ...

The Global Financial Crisis and the COVID-19 pandemic were two major shocks to the world economy in the 21st century. In this study, we analyze the patterns of recessions and recoveries of 101 ...