Against a backdrop of sharply rising inequality, the Tokyo Round of the GATT resulted in a 1.6 percentage point reduction in average US tariffs – larger than CUSFTA, NAFTA, and the liberalization ...

Machine learning systems embed preferences either in training losses or through post-processing of calibrated predictions. Applying information design methods from Strack and Yang (2024), this paper ...

We examine how workers’ and non-workers’ wellbeing varies by age across 171 countries in eight international surveys. In 103 countries (60%) we find evidence that workers’ wellbeing rises with age and ...

Technologies such as electricity, semiconductors, and the internet have been transformative, reshaping economic activity and dramatically increasing living standards throughout the world. In some ...

We demonstrate that depositor inattention gives rise to banks’ deposit market power. Using transaction-level data on millions ...

We survey recent research on changing culture and social norms in developing countries and propose a simple framework to interpret these changes. We conceptualize individual utility from a given ...

This paper studies how managers’ gender attitudes shape workplace culture and gender inequality. Using data from a ...

Students with disabilities (SWDs) encompass a sizable share of charter students and have an array of individualized needs. Charter schools may operate differently than traditional public schools with ...

Our collective research agenda has sought to understand the barriers to homeownership and to quantify the risks that accompany it. Households must weigh numerous factors when deciding whether to buy a ...

Researchers in the Industrial Organization (IO) program study consumer and firm behavior, competition, innovation, and government regulation. This report begins with a brief summary of general ...

We propose rational disagreement as a formal framework for analyzing seemingly irrational behavior that can persist despite ...

We document and characterize a new history of U.S. federal-level industrial policies by scanning all 12,167 Congressional ...