We investigate several possible links between psychological factors and trading performance in a sample of 80 anonymous day-traders. Using daily emotional-state surveys over a five-week period as well ...

We explain how the “Tariff War” shock of April 2025 affected the safe-asset status of US Treasuries. Convenience yield erosion for long bonds is consistent with a reduction in the hedging property, ...

Despite a large earnings premium for bachelor’s degree completion in general, graduates from low-income families earn substantially less than graduates from high-income families. While prior research ...

We argue that the relative price of materials is an important determinant of the labor share of income. When materials and primary inputs are complements and the profit share is positive, a higher ...

Yet they can also serve domestic political ends. This paper studies how Russia’s escalations against Ukraine reshaped support for the regime and redistributed the burdens of war across the population.

We study consumer demand for savings, life insurance, annuities, and long-term care insurance using novel survey data and a structural life-cycle model. We document that individuals perceive ...

Stable Are LLM Occupational Exposure Scores? Evidence from Multi-Model Replication," NBER Working Paper 35110 (2026), ...

As part of the comprehensive Construction Re-engineering Initiative at the U.S. Census Bureau, alternative data sources are being considered to supplement or replace current data collection methods.

We also show that regulations are more business friendly in richer than in poorer countries, and that holding initial regulatory levels constant, richer countries also reform more. We present a model ...

We evaluate the welfare effects of five provincial mandatory retirement bans in Canada from 2005 to 2009 using linked employer-employee tax data. The bans sharply reduce retirements at age 65, with ...

We use the index to investigate how gender-specific labor market shocks influence spending patterns within heterosexual households. Our findings reveal that industrial robot adoption, which worsened ...

This paper examines the impact of early childcare on academic achievement for children in grade 5 and grade 9, based on a 2003 policy expansion that created quasi-random variation in slot availability ...