The NBER Board of Directors appointed 51 research associates, 49 of whom were promoted from faculty research fellows, at its September 2025 meeting. Two of the new appointees were former research ...

Jason Abrevaya, Siwan Anderson, Stéphane Bonhomme, Gary Hansen, Bo Honoré, and Justin Muzinich were elected to the NBER Board of Directors at the Board’s September 29 meeting.

Global value chains have come under severe scrutiny in the past few years. Pandemic-era shortages, geopolitical concerns, and new industrial strategies have all revived an old worry: have firms become ...

In a fracturing world, how can low- and middle-income countries (LMICs) continue to leverage trade for economic development? Drawing on recent research at this intersection, this review argues that ...

Satellite imagery and machine learning (SIML) are increasingly being combined to remotely measure social and environmental outcomes, yet use of this technology has been limited by insufficient ...

We develop a tractable model to study how AI and digital platforms impact the information ecosystem. News producers — who create truthful or untruthful content that becomes a public good or bad — earn ...

In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Health, and the Bulletin on ...

Immunotherapy is a breakthrough innovation in cancer care but is also among the most expensive treatments, with costs exceeding $150,000 per patient. We study the introduction of immune checkpoint ...

In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Health, and the Bulletin on ...

We compute the cross-country transfers that result from unconventional monetary policy in the Eurozone. The ECB funds the expansion of its aggregate balance sheet mostly by issuing bank reserves and ...

Recent macroeconomic events have caused short-lived changes in these comovements, and periods with high risk premia tend to be periods in which bond-stock comovements are large in absolute value. The ...

In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Health, and the Bulletin on ...