Research Associate Eric Budish, the Paul G. McDermott Professor of Economics and Entrepreneurship and Centel ...

Beren Professor of Economics at Harvard University, presented the 2025 Martin Feldstein... 2025, Methods Lecture, Raj Chetty ...

The Heterogeneous-Agent New Keynesian literature has revisited the transmission of monetary and fiscal policy to consumption using models where heterogeneous households face idiosyncratic income risk ...

The study examines the quasi-natural experiments provided by the staggered introduction of open drivers in the supply chains for routers. It is rare to observe components become open and measure ...

We document that rising volatility in U.S. interest rates, a key dimension of global financial risk, notably depresses the trend of economic activity in emerging market economies (EMEs) but not in ...

This paper discusses the rebuilding of Ukrainian cities. We start by outlining key facts about Ukraine and its cities: (i) the country’s population is declining; (ii) there is a shift in demand for ...

How does academic research inform presidential economic policy? This paper investigates the sources of evidence in the Economic Report of the President from 2010 to 2025. We construct a novel dataset ...

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Survey mode is a critical consideration in well-being research using the 22 country Global Flourishing Study (GFS). We find marked differences in responses to well-being questions if they are obtained ...

We measure benefits to households from Mumbai’s new Metro rail system. We estimate a commute mode choice model to value commute time savings in the short run and a housing choice model to value the ...

I examine the potential of pro-development state (capacity) building projects to be coopted for repression. I leverage the natural experiment created by the differential build-up of capacity between ...

Using nationally representative household consumption surveys from 23 countries that together account for 50% of the world’s poor, we estimate that reducing the poverty rate to 1% (from a baseline of ...