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National Bureau of Economic Research Working Papers
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Last updated 6 days ago
Beliefs and Stock Market Fluctuations: New Evidence from the Past Seven Decades -- by David Thesmar, Emil Verner
6 days ago
We construct a new long-run series of subjective expected equity returns from...
What do news readers want? -- by Gregory J. Martin, Shoshana Vasserman, Cameron Pfiffer
6 days ago
Using a novel dataset covering the complete history of individual-level web traffic...
The U.S. Civil War's Impact on Women's Work and Political Participation -- by Madison K. Arnsbarger, Andreas Ferrara, Paige Montrose
6 days ago
This paper studies the role of economic participation via the labor market...
AI for Structural Estimation -- by Victor Duarte, Julia Fonseca
6 days ago
We develop a global method to solve and estimate dynamic equilibrium models...
Does the Import Invasion Explain the Mysterious Disappearance of Productivity Growth in U.S. Manufacturing? -- by Robert J. Gordon, Kenneth Ryu
6 days ago
Why did U.S. manufacturing productivity stop growing after 2010? Productivity growth disappeared...
Optimal Long-Term Care Provision and Insurance with Heterogeneous Preferences and Risks -- by Nicholas-James Clavet, Pierre-Carl Michaud, Julien Navaux
6 days ago
We develop a model of optimal long-term care provision and insurance with...
Insurer Risk and Public Risk-Sharing: Quantifying the Value of Reinsurance -- by Paul H.S. Kim, Anran Li
6 days ago
We study the role of public risk-sharing in markets where firms face...
College Affirmative Action and Students' Outcomes: A Matter of the Dose -- by Yi Chen, Chao Fu, Hongbin Li, Teng Li, Siyan Tang
6 days ago
Extensive discussion centers around the question of whether affirmative action (AA) in...
An Ethical Pollution Tax -- by Garth Heutel
6 days ago
Through theory and numerical simulations, I explore how a pollution tax can...
Non-User Externalities -- by Leonardo Bursztyn, Jan Fasnacht, Benjamin R. Handel, Rafael Jiménez-Durán, Aaron Leonard, Filip Milojević, Christopher Roth, Cass R. Sunstein
6 days ago
We review an emerging literature on how non-user externalities—the benefits or harms...
Medicare Home Health Fraud: How Much, Where, and Who? -- by Liran Einav, Amy Finkelstein, Yunan Ji, Neale Mahoney, Gideon Moore
6 days ago
How much fraud is there in Medicare and who commits it? We...
The AGI Race and Existential Risk -- by Ethan Bueno de Mesquita, Wioletta Dziuda, Mattias Polborn
6 days ago
Concerns about the race to artificial general intelligence often assume that competition...