Philippe Aghion, Peter Howitt, and Joel Mokyr. Philippe Aghion, research associate Peter Howitt, and NBER board member Joel ...

Empirical research has revolutionized how we understand the global economic impacts of climate change. Recent empirical analyses have tested theoretical ideas, challenged prior estimates, and revealed ...

We investigate the returns to being a hub country by analyzing how transshipment activity shapes trade and supply chains. We show that most US imports---especially from smaller origin countries---are ...

We develop a tractable model to study how AI and digital platforms impact the information ecosystem. News producers — who create truthful or untruthful content that becomes a public good or bad — earn ...

The NBER Board of Directors appointed 51 research associates, 49 of whom were promoted from faculty research fellows, at its September 2025 meeting. Two of the new appointees were former research ...

EMRI projects will produce cutting edge research on economic measurement and new methods for leveraging large-scale “naturally occurring data”—i.e., data created by businesses, households, non-profit ...

Jason Abrevaya, Siwan Anderson, Stéphane Bonhomme, Gary Hansen, Bo Honoré, and Justin Muzinich were elected to the NBER Board of Directors at the Board’s September 29 meeting.

We estimate the impact of education on voter turnout and partisanship using a regression discontinuity design based on school-entry cutoffs and exact date of birth. Drawing on nationwide ...

This narrative paper provides a detailed account of the Great Inflation in the United Kingdom from 1961 to 1997, serving as a companion to the analytical account of fiscal policy presented in Bordo, ...

This brief survey reviews recent work on transportation in poor and middle-income countries. After reviewing a few key global facts and taking stock of the data available, it focuses on eight key ...

Economics students today learn about mercantilism through Smith’s prism, as a series of logical and policy errors that Smith clarified and settled for good. But far from settled doctrine, mercantilism ...

Research shows responsive caregiving enhances children's brain development, with parental knowledge predicting positive behaviors and outcomes. However, knowledge varies widely across educational ...