This paper studies the impact of birthright citizenship on youth crime. We leverage a German reform which automatically granted birthright citizenship to eligible immigrant children born in Germany ...

The American Economic Association (AEA) has named four new Distinguished Fellows, three of whom, Marjorie McElroy, N. Gregory Mankiw and Robert A. Margo , have long-standing ties to the NBER.

This paper quantifies the environmental externalities associated with electricity consumption by data centers in the United States, focusing on damages from local air pollution and greenhouse gas (GHG ...

Exploiting the staggered roll-out of China’s national air monitoring network, we document a pollutant substitution effect: PM.

Using a multi-sided matching equilibrium, we show that whether they exit or engage depends on whether social harm scales with productivity. When harm is uncorrelated—an implicit assumption in most ...

We develop a dynamic general equilibrium model with a rational asset bubble and an occasionally binding borrowing constraint that reproduces these empirical regularities. The bubble raises collateral ...

There is widespread opposition to affirmative action policies. We study whether personal disappointments shape preferences for such policies. Specifically, we test whether individuals' college ...

This paper examines the career consequences in Norway of being initially employed in an occupation that subsequently declines during 2007–2024. Workers initially employed in occupations that later ...

Bank regulation supports financial stability, but might constrain economic activity. This paper estimates the macroeconomic effects of bank regulation using a high-frequency identification approach.

Electricity reliability is a central challenge for the energy transition, as growing energy demand, renewable energy integration, and natural disasters increase the risk of large-scale black- outs.

Consumer sentiment influences household behavior in important ways, yet we lack causal evidence on whether government policies themselves shape these perceptions. We help fill this gap by studying the ...

We examine the relationship between age and various measures of wellbeing and illbeing across three major surveys – the Gallup World Poll (GWP, Global Minds (GM) and the Global Flourishing Survey (GFS ...