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Unknown risks are worse than known ones from an investor perspective, from Caroline Flammer, Thomas Giroux, Geoffrey Heal, and Marcella Lucchetta www.nber.org/papers/w34516
December 2, 2025 at 4:01 PM
Studying the connection between regional growth trends and labor market dynamics using manufacturing worker flows for US cities from 1969 to 1981, from Eran B. Hoffmann, Monika Piazzesi, and Martin Schneider www.nber.org/papers/w34515
December 2, 2025 at 2:01 PM
Examining how a firm's use of consumer data for price discrimination affect welfare by showing that the structure of consumer demand curves determines whether the data is good or bad, from Maryam Farboodi, Nima Haghpanah, and Ali Shourideh www.nber.org/papers/w34514
December 1, 2025 at 6:00 PM
Much of the past 15 years of US college enrollment declines is due to strengthening labor markets inducing students not to enroll in community colleges, from Joshua Goodman and Joseph Winkelmann www.nber.org/papers/w34498
December 1, 2025 at 4:01 PM
Markup increases in the US from 1955 to 2016 are almost entirely driven by Finance and Insurance firms. Without these firms, increases are modest, from C. Lanier Benkard, @natehmiller.bsky.social and Ali Yurukoglu www.nber.org/papers/w34513
November 30, 2025 at 6:01 PM
Taxing unrealized gains would change entrepreneurial incentives by diluting founders while insuring failures, from Eduardo M. Azevedo, Florian Scheuer, Kent Smetters, and Min Yang www.nber.org/papers/w34512
November 30, 2025 at 4:00 PM
Energy-saving tech shocks—not prices—drive the decoupling of output and energy use, with little evidence of rebound effects, underscoring the role of efficiency gains, from Diego R. Känzig and Charles T. Williamson www.nber.org/papers/w34511
November 30, 2025 at 2:01 PM
WWII internment reduced the Japanese American population of “Japantowns” within the exclusion zone by 25 to 50 percent. Outside the exclusion zone, new smaller enclaves formed, from Martin H. Saavedra and Tate Twinam www.nber.org/papers/w34510
November 29, 2025 at 8:01 PM
Target Allocation Funds can be a major source of outflows from bond funds. They trigger outflows from other investors, causing amplification. They generate stock-bond correlation, from Chuck Fang and Itay Goldstein www.nber.org/papers/w34509
November 29, 2025 at 6:01 PM
Developing a new algorithm to map confidential firm-level export transactions to their underlying establishments that can be implemented on US microdata, from Christoph Boehm, Aaron B. Flaaen, Nitya Pandalai-Nayar, and Jan Schlupp www.nber.org/papers/w34508
November 29, 2025 at 4:01 PM
Providing new tools for linear regressions in a data combination environment and providing easy to compute bounds, which do not rely on exclusion restrictions, from Xavier D'Haultfoeuille, Christophe Gaillac, and Arnaud Maurel www.nber.org/papers/w34507
November 29, 2025 at 2:02 PM
Comparing the effects of cash and in-kind transfers on consumption of temptation goods. ER visits for drug and alcohol use rise by 20 to 30 percent after SSI receipt, while SNAP has no effect, from Anna Chorniy, Amy Finkelstein, and Matthew J. Notowidigdo www.nber.org/papers/w34506
November 28, 2025 at 8:01 PM
Studying how the spatial distribution of income and commuting patterns within cities vary across the development spectrum, from Peter Deffebach, David Lagakos, Yuhei Miyauchi, and Eiji Yamada www.nber.org/papers/w34505
November 28, 2025 at 6:01 PM
Training machine learners using asymmetric loss functions aligns their incentives for choosing but misaligns their incentives for learning, from David Autor, Andrew Caplin, Daniel J. Martin, and Philip Marx www.nber.org/papers/w34504
November 28, 2025 at 4:01 PM
Estimating the value of 220,000 cities worldwide. High-value cities have stronger agglomeration and better worker allocation, with migration gains largest in developing countries, from Aakash Bhalothia, Gavin Engelstad, Gaurav Khanna, and Harrison Mitchell www.nber.org/papers/w34503
November 28, 2025 at 2:01 PM
Featured in the latest Digest: Hospital Acquisitions of Physician Practices Generate Price Increases Without Evidence of Quality Improvements

www.nber.org/digest/20251...
November 28, 2025 at 1:02 PM
Curriculum shapes more than skills as taking STEM in high school boosts tech careers—but also shifts politics as boys grow more conservative and girls more progressive, from Robert Ainsworth, Rajeev H. Dehejia, Andrei Munteanu, Cristian Pop-Eleches, and Miguel Urquiola www.nber.org/papers/w34502
November 27, 2025 at 6:02 PM
Billions lack access to all-season roads. A new km of highway in emerging-market and developing economies delivers 55 percent social returns—8x US private-capital returns, showing untapped gains from infrastructure investment, from Chari, Blair Henry, and Picardo www.nber.org/papers/w34501
November 27, 2025 at 4:01 PM
A study of how the lending technology of direct lenders compares to banks and finance companies finds that it is quite unique, and not a general substitute, from Young Soo Jang, Dasol Kim, and Amir Sufi www.nber.org/papers/w34500
November 27, 2025 at 2:01 PM
Featured in the latest Bulletin on Health: Changes in Infant Health in Response to Hospital Breastfeeding Support Policies

www.nber.org/bh/20253/cha...
November 27, 2025 at 1:02 PM
How saving behavior responds to the Health Savings Account “catch-up” contribution provision, which raises contribution limits for individuals aged 55 and older, from Jacob Berman, Adam Bloomfield, and Sita Slavov www.nber.org/papers/w34499
November 26, 2025 at 6:04 PM
Investigating the effects of regime change for both migration and foreign direct investment by comparing evidence from Europe and Israel, from Assaf Razin www.nber.org/papers/w34497
November 26, 2025 at 4:02 PM
Tariff costs were gradually but steadily transmitted to US consumers, with additional spillovers to domestic goods, from Alberto Cavallo, Paola Llamas, and Franco M. Vazquez www.nber.org/papers/w34496
November 26, 2025 at 2:03 PM
Examining the One Laptop Per Child program in Peruvian rural primary schools finds no significant effects on academic performance but some evidence of negative ones on grade progression, from Cueto, Beuermann, Cristia, Malamud, and Pardo www.nber.org/papers/w34495
November 25, 2025 at 6:03 PM
Constructing representative security-fund-level longitudinal data for the United States using regulatory filings of portfolio holdings from Form N-PORT, from Bruno Cavani, @mmaggiori.bsky.social, and Jesse Schreger www.nber.org/papers/w34494
November 25, 2025 at 4:02 PM