We use natality microdata covering the universe of U.S. births for 2015-2021 and California births from 2015 through February 2023 to examine childbearing responses to the COVID-19 pandemic. We find ...
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 ...
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 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 ...
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 ...
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 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 ...
A large literature documents how ambient temperature affects human mortality. Using decades of detailed data from 30 countries, we revisit and synthesize key findings from this literature. We confirm ...
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 ...
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 ...
This paper contributes to the literature on the impact of early-life health on education by estimating the effect of genetic predisposition to a higher body mass index (BMI) on educational attainment ...
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