In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the ...

The researchers conclude that additional education reduces ADRD risk: Individuals born after the cutoff date showed a 0.2 percentage point reduction in ADRD diagnosis at age 65. The pre-reform ...

We study the role played by Chinese state–owned firms during the US–China trade war. Based on measures constructed from Chinese firm–level customs microdata, we show that the presence of state–owned ...

The model has multiple rational expectations equilibria; we associate certain Pareto inferior equilibria with liquidity crises. The government can improve welfare by acting as a “market-maker of last ...

Healthcare fraud imposes a sizable cost on U.S. public healthcare budgets and distorts health care provision. We examine the economics of health care fraud and enforcement using theory and data and ...

Naloxone claims increased the most among consumers facing the lowest out-of-pocket costs, including Medicare and Medicaid beneficiaries. The researchers conclude that, while the combination of ...

Instrumental variables estimates show that a 10 percent increase in robotics exposure led to a 0.2 to 0.3 percent increase in property crime arrests. In contrast, we find little evidence of a ...

Beginning in March 2020 and ultimately continuing to September 2023, most student loan borrowers had their required payments on federal student loans paused. For student loan borrowers with limited ...

In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the ...

Given the ubiquitous presence of endogenous regressors and the challenges in finding good instruments to overcome the endogeneity problem, a forefront of recent research is the development and ...

The standard view of housing markets holds that the flexibility of local housing supply–shaped by factors like geography and regulation–strongly affects the response of house prices, house quantities ...

There is growing recognition of the relative importance of anthropogenic emissions of methane as a contributor to global climate change. An important source of such emissions in some countries, ...