More than 2,700 researchers, hailing from 39 countries, traveled to Cambridge, MA for the 49th annual NBER Summer Institute in mid-July. The Summer Institute included 49 distinct workshops arranged by ...

Low property taxes amplify lock-in among elderly homeowners, limiting housing access for young families. Raising them reallocates housing toward the young through two channels: capitalization into ...

We study Louisiana’s 2019 Medicaid subscription model for hepatitis C (HCV), the first example of a U.S. state employing a two-part tariff to secure unlimited access to curative medicines. Using a ...

This study examines the persistence of fertility-related health problems across generations within the same family, and the utilization of assisted reproductive technologies (ART). Using comprehensive ...

We develop a quantitative sovereign default model featuring a large senior lender with whom borrowing terms are negotiated. Obtaining more net financing from the market strengthens the government’s ...

Evidence that domestic outsourcing lowers pay comes largely from on-site transfers, in which workers move to a contractor but keep the same jobs. Displacement is rarely observed: whether workers lose ...

How should regulators combine staged access to a dual-use AI model with developer liability? I model a defender and an adversary searching for the same software flaws. After release, liability induces ...